Bank of America 2015 Annual Report Download - page 250
Download and view the complete annual report
Please find page 250 of the 2015 Bank of America annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
-
235
-
236
-
237
-
238
-
239
-
240 -
241 -
242 -
243 -
244 -
245 -
246 -
247 -
248 -
249 -
250 -
251 -
252 -
253 -
254 -
255 -
256
 |
 |
248 Bank of America 2015
Condensed Statement of Cash Flows
(Dollars in millions) 2015 2014 2013
Operating activities
Net income $ 15,888 $ 4,833 $ 11,431
Reconciliation of net income to net cash provided by (used in) operating activities:
Equity in undistributed (earnings) losses of subsidiaries (2,924)2,019 (12,042)
Other operating activities, net (2,509)2,143 (10,422)
Net cash provided by (used in) operating activities 10,455 8,995 (11,033)
Investing activities
Net sales (purchases) of securities 15 (142) 459
Net payments from (to) subsidiaries (7,944)(5,902) 39,336
Other investing activities, net 70 19 3
Net cash provided by (used in) investing activities (7,859)(6,025) 39,798
Financing activities
Net increase (decrease) in short-term borrowings (221)(55) 178
Net increase (decrease) in other advances (770)1,264 (14,378)
Proceeds from issuance of long-term debt 26,492 29,324 30,966
Retirement of long-term debt (27,393) (33,854) (39,320)
Proceeds from issuance of preferred stock 2,964 5,957 1,008
Redemption of preferred stock —— (6,461)
Common stock repurchased (2,374)(1,675) (3,220)
Cash dividends paid (3,574)(2,306) (1,677)
Net cash used in financing activities (4,876)(1,345) (32,904)
Net increase (decrease) in cash held at bank subsidiaries (2,280)1,625 (4,139)
Cash held at bank subsidiaries at January 1 100,304 98,679 102,818
Cash held at bank subsidiaries at December 31 $ 98,024 $100,304 $ 98,679