Bank of America 2011 Annual Report Download - page 269

Bank of America 2011 267
Condensed Statement of Cash Flows
(Dollars in millions)
Operating activities
Net income (loss)
Reconciliation of net income (loss) to net cash provided by operating activities:
Equity in undistributed (earnings) losses of subsidiaries
Other operating activities, net
Net cash provided by operating activities
Investing activities
Net sales of securities
Net payments from (to) subsidiaries
Other investing activities, net
Net cash provided by (used in) investing activities
Financing activities
Net increase (decrease) in commercial paper and other short-term borrowings
Proceeds from issuance of long-term debt
Retirement of long-term debt
Proceeds from issuance of preferred stock and warrants
Repayment of preferred stock
Proceeds from issuance of common stock
Cash dividends paid
Other financing activities, net
Net cash provided by (used in) financing activities
Net increase (decrease) in cash held at bank subsidiaries
Cash held at bank subsidiaries at January 1
Cash held at bank subsidiaries at December 31
2011
$ 1,446
5,544
6,716
13,706
8,444
5,780
(8)
14,216
(13,172)
16,047
(21,742)
5,000
—
—
(1,738)
(4,450)
(20,055)
7,867
117,124
$ 124,991
2010
$ (2,238)
4,702
(996)
1,468
5,972
3,531
2,592
12,095
8,052
29,275
(27,176)
—
—
—
(1,762)
3,280
11,669
25,232
91,892
$117,124
2009
$ 6,276
(2,076)
4,400
8,600
3,729
(25,437)
(17)
(21,725)
(20,673)
30,347
(20,180)
49,244
(45,000)
13,468
(4,863)
4,149
6,492
(6,633)
98,525
$ 91,892