Comerica incorporated (CMA)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
OPERATING ACTIVITIES
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

1,198

1,235

743

477

521

593

541

521

393

277

17

213

Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

17

1

1

Income from continuing operations, net of tax

-

-

-

-

-

-

-

-

-

260

16

212

Provision for credit losses

74

-1

74

248

147

27

46

79

144

478

1,082

686

Provision for credit losses on lending-related commitments

-

-

-

-

-

-

-

-

-

-

0

18

Benefit for deferred income taxes

12

24

79

-51

-71

130

-20

158

79

-202

-112

-99

Depreciation and amortization

114

120

121

121

118

123

122

133

122

124

122

114

Defined Benefit Plan, Net Periodic Benefit Cost (Credit)

-29

-18

-18

6

48

40

88

81

53

37

-

-

Share-based compensation expense

39

48

39

34

38

38

35

37

37

32

32

51

Net amortization of securities

-2

-3

-6

-8

-13

-13

-23

-48

-39

-26

5

11

Accretion of loan purchase discount

0

1

3

4

7

34

49

71

53

0

0

-

Net securities losses

7

19

0

0

-2

0

-1

12

14

3

243

67

Net gains on sales of foreclosed property

-1

1

3

4

2

4

-4

0

-13

-

-

-

Gain on debt redemption

-

-

-

-

-

32

1

0

-

-

-

-

Excess tax benefits from share-based compensation arrangements

-

-

-

-

-

7

3

1

1

1

0

-

Net change in trading securities

-

-

-

-

-

-13

-6

-1

-3

10

-16

6

Net (increase) decrease in loans held-for-sale

-

-

-

-

-

-

-

-

-

-

-4

-99

Net change in accrued income receivable

-17

45

33

20

12

4

-7

-5

8

-15

-62

-82

Net change in accrued expenses payable

-27

49

41

37

-35

-14

38

35

59

57

-311

-306

Contribution to qualified pension plan

-

-

-

-

-

-

-

-

-

-

100

175

Gain on repurchase of medium- and long-term debt

-

-

-

-

-

-

-

-

-

-

15

-

Auction-rate securities charge

-

-

-

-

-

-

-

-

-

-

-

88

Lease income charge

-

-

-

-

-

-

-

-

-

-

-

38

Net gain on early termination of leveraged leases

-

-

-

-

-

-

-

-

-

-

8

-

Net gain on sales of businesses

-

-

-

-

-

-

-

-

-

-

5

-

Other, net

318

-184

-39

366

-105

243

2

322

70

-456

445

-137

Discontinued operations, net

-

-

-

-

-

-

-

-

-

-

1

1

Net cash provided by operating activities

1,090

1,616

1,085

486

865

639

836

692

796

1,286

91

862

INVESTING ACTIVITIES
Maturities and redemptions of investment securities available-for-sale

2,262

1,781

1,615

1,699

1,757

1,781

2,849

3,839

2,779

2,152

2,253

1,667

Sales of investment securities available-for-sale

987

1,256

1,259

0

0

-

0

-

784

151

8,785

156

Purchases of investment securities available-for-sale

3,346

3,032

3,112

2,045

4,228

2,372

2,225

4,032

4,453

2,410

9,011

4,496

Maturities and redemptions of investment securities held-to-maturity

0

0

319

402

324

0

0

-

-

-

-

-

Purchases of investment securities held-to-maturity

-

-

-

-

362

0

0

-

-

-

-

-

Net change in loans

324

1,045

175

136

644

3,144

-549

3,498

695

-1,259

-7,317

259

Purchases of Federal Reserve Bank stock

-

-

-

-

-

-

-

-

26

0

0

-

Proceeds from sales of indirect private equity and venture capital funds

-

-

-

-

-

-

-

-

33

0

0

-

Proceeds from sales of foreclosed property

1

8

22

20

12

20

55

82

106

-

-

-

Net increase in premises and equipment

86

90

69

95

119

70

102

75

121

-

74

166

Cash and cash equivalents acquired in acquisition of Sterling Bancshares, Inc.

-

-

-

-

-

-

-

-

721

0

0

-

Purchases of Federal Home Loan Bank stock

201

41

42

115

0

-41

-41

-3

-36

-144

-82

353

Redemptions of Federal Home Loan Bank stock

201

0

42

0

0

-

-

-

-

-

-

-

Proceeds from bank-owned life insurance settlements

10

9

18

16

-

-

-

-

-

-

-

-

Other, net

-2

2

-3

0

-5

-1

-7

-5

13

90

-3

-34

Proceeds from early termination of leveraged leases

-

-

-

-

-

-

-

-

-

-

107

-

Proceeds from sale of business

-

-

-

-

-

-

-

-

-

-

7

-

Net cash used in investing activities

-494

-1,156

-120

-254

-3,255

-3,743

1,174

-3,676

-849

1,206

9,469

-3,417

FINANCING ACTIVITIES
Net change in deposits

1,711

-2,082

-1,180

-998

2,529

4,013

1,229

4,520

3,296

771

-2,010

-2,299

Net change in short-term borrowings

27

34

-15

2

-93

-137

143

40

-82

-332

-1,287

-1,058

Repayments of Long-term Debt

350

0

500

650

606

1,406

1,080

193

1,517

5,290

3,683

2,000

Redemptions of medium- and long-term debt

-

-

-

-

-

-

-

-

-

-

197

-

Issuances and advances of medium- and long-term debt

1,050

1,850

0

2,800

1,016

596

0

0

-

298

0

8,000

Terminations of medium- and long-term debt

0

0

16

0

0

-

-

-

-

-

-

-

Repurchases of common stock

1,394

1,338

560

320

240

260

291

308

116

4

1

1

Cash dividends paid on common stock

402

263

180

152

147

137

123

97

73

34

72

395

Proceeds from issuance of preferred stock and related warrant

-

-

-

-

-

-

-

-

-

-

-

2,250

Issuances of common stock under employee stock plans

18

52

118

157

22

49

33

3

4

-

0

1

Issuances of common stock under employee stock plans

-

-

-

-

-

-

-

-

-

849

0

-

Purchase and retirement of warrants

-

-

-

-

10

0

0

-

-

-

-

-

Redemption of preferred stock

-

-

-

-

-

-

-

-

-

2,250

0

-

Cash dividends paid on preferred stock

-

-

-

-

-

-

-

-

-

38

113

-

Excess tax benefits from share-based compensation arrangements

-

-

-

-

-

7

3

1

1

1

0

-

Other, net

1

3

-5

0

-5

-1

-7

-4

13

3

-3

-34

Net cash provided by (used in) financing activities

661

-1,744

-2,338

839

2,466

2,724

-93

3,962

1,526

-6,026

-7,366

4,464

Net decrease in cash and cash equivalents

1,257

-1,284

-1,373

1,071

76

-380

1,917

978

1,473

-3,534

2,194

1,909

Interest paid

462

261

122

111

94

101

114

135

151

227

619

1,266

Income tax paid

266

200

336

151

88

218

115

46

73

108

251

241

Noncash investing and financing activities:
Loans transferred to other real estate

12

3

8

21

12

16

14

42

69

104

114

65

Loans transferred from portfolio to held-for-sale

-

-

-

-

28

0

0

-

-

-

-

-

Loans transferred from held-to-sale to portfolio

-

-

-

17

0

0

-

-

-

-

-

84

Residential mortgage-backed securities transferred from held-to-maturity to available-for-sale

0

1,266

0

0

-

-

-

-

-

-

-

-

Lease residual transferred to other assets

-

-

-

-

16

0

0

-

-

-

-

-

Securities transferred from available-for-sale to equity securities

0

81

0

0

-

1,958

0

0

-

-

-

-

Net noncash assets acquired in stock acquisition of Sterling Bancshares, Inc.

-

-

-

-

-

-

-

-

82

0

0

-