BB&T 2015 Annual Report Download - page 144

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Cash Flows From Operating Activities:
Net income $ 2,123 $ 2,206 $ 1,730
Adjustments to reconcile net income to net cash from
operating activities:
Equity in earnings of subsidiaries in excess of dividends
from subsidiaries (273) (585) (617)
Net change in operating assets and liabilities:
Other assets 88 27 95
Accounts payable and accrued liabilities (14) 40 42
Other, net 32 (86) (79)
Net cash from operating activities 1,956 1,602 1,171
Cash Flows From Investing Activities:
Proceeds from sales, calls and maturities of AFS securities 49 25 24
Purchases of AFS securities (21) (124) (24)
Proceeds from maturities, calls and paydowns of HTM securities 27 16 2
Investment in subsidiaries ― (1) (4)
Advances to subsidiaries (7,461) (7,145) (5,815)
Proceeds from repayment of advances to subsidiaries 6,848 7,060 5,898
Net cash from acquistions and divestitures (595) ― 9
Net cash from investing activities (1,153) (169) 90
Cash Flows From Financing Activities:
Net change in short-term borrowings (40) (34) 37
Net change in long-term debt (92) 1,085 499
Net proceeds from common stock issued 67 294 108
Net proceeds from preferred stock issued ― ― 487
Cash dividends paid on common and preferred stock (937) (814) (912)
Other, net ― ― 8
Net cash from financing activities (1,002) 531 227
Net Change in Cash and Cash Equivalents (199) 1,964 1,488
Cash and Cash Equivalents at Beginning of Year 7,691 5,727 4,239
Cash and Cash Equivalents at End of Year $ 7,492 $ 7,691 $ 5,727
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Source: BB&T CORP, 10-K, February 25, 2016 Powered by Morningstar® Document Research℠
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