Capital one financial corp (COF)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Operating activities:
Income (loss) from continuing operations, net of tax

5,533

6,025

2,117

3,770

4,012

4,423

4,354

3,709

3,253

3,050

987

85

2,591

Income from discontinued operations, net of tax

13

-10

-135

-19

38

5

-233

-217

-106

-307

-103

-131

-1,021

Net income (loss)

5,546

6,015

1,982

3,751

4,050

4,428

4,121

3,492

3,147

2,743

884

-46

1,570

Adjustments to reconcile net income (loss) to net cash from operating activities:
Provision for Loan, Lease, and Other Losses

6,236

5,856

7,551

6,459

4,536

3,541

3,453

4,415

2,360

3,907

4,230

5,101

2,636

Depreciation and amortization, net

3,339

2,396

2,440

2,428

2,100

2,002

2,065

1,862

579

517

683

692

678

Deferred tax provision (benefit)

-296

714

1,434

-686

-402

-76

-

-

-

-

-

-

-

Net securities gains

26

-209

65

-11

-

-

-

-

-

-

-

-

-

Net (gains) losses on sales of securities available for sale

-

-

-

-

-2

21

7

45

259

141

218

-14

69

Impairment losses on securities available for sale

-

-

-

-

30

24

41

52

21

65

-

-

-

Originations

-

-

-

-

-

-

-

-

-

180

1,194

-1,949

404

Gain on sales of loans

50

548

72

80

86

48

32

58

28

1

0

-31

87

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

-

-811

0

Gains on sales of auto loans

-

-

-

-

-

-

-

-

-

-

-

-2

10

Gains on extinguishment/repurchase of debt/senior notes

-

-

-

-

-

-

-

-

-

-

-

-54

17

Net gains on deconsolidation

-

-

-

-

-

-

-

-

-

177

0

0

-

Bargain purchase gain

-

-

-

-

-

-

-

594

0

0

-

-

-

Stock-based compensation expense

239

170

244

239

161

205

240

199

189

149

146

112

229

Other

0

125

8

11

0

0

-

-

-

-

-

-

-

Originations and purchases

9,798

9,039

8,929

8,645

6,942

5,619

2,276

1,699

1,031

-

-

-

-

Proceeds from sales and paydowns

10,668

8,442

9,595

8,390

6,805

5,365

2,469

2,692

1,086

241

1,228

2,211

6,171

Changes in operating assets and liabilities:
Changes in interest receivable

63

74

157

159

72

29

-356

495

-41

137

108

11

35

(Increase) decrease in accounts receivable from securitizations

-

-

-

-

-

-

-

-

-

-

2,015

-1,625

130

Changes in other assets

-662

-476

714

1,907

596

402

576

1,114

126

-957

-339

-3,108

2,257

Changes in interest payable

-19

45

85

28

45

22

-165

-47

-22

-21

-167

45

56

Changes in other liabilities

194

-1,553

1,157

2,013

575

99

550

904

1,403

-133

-1,709

1,203

1,277

Net change from discontinued operations

7

-6

-361

25

-79

-187

-255

-40

95

353

-17

126

3,293

Net cash from operating activities

16,639

12,978

14,182

11,856

10,127

9,304

9,984

9,524

7,455

8,142

2,082

3,483

12,900

Investing activities:
Securities available for sale:
Purchases

12,105

14,022

12,412

14,154

12,200

12,650

14,951

29,257

16,060

26,378

27,827

21,698

12,717

Proceeds from paydowns and maturities

8,553

7,510

7,213

7,867

7,742

7,968

13,664

17,779

9,710

11,567

9,541

6,676

6,026

Proceeds from sales

4,780

6,399

8,181

4,146

4,379

7,417

2,539

16,894

9,169

12,466

13,410

2,628

2,307

Securities held to maturity:
Purchases

396

19,166

5,885

3,787

4,277

4,827

1,111

0

-

-

-

-

-

Proceeds from paydowns and maturities

5,050

2,419

2,594

2,681

2,163

1,471

266

0

-

-

-

-

-

Loans:
Net changes in loans held for investment

21,280

-1,015

12,315

22,036

18,575

16,563

-2,291

7,605

13,777

-2,607

-1,934

13,588

18,895

Proceeds from securitizations of loans

-

-

-

-

-

-

-

-

-

-

12,068

10,047

12,641

Proceeds from sale of interest-only bonds

-

-

-

-

-

-

-

-

-

57

0

0

-

Principal recoveries of loans previously charged off

2,557

2,503

1,951

1,493

1,498

1,582

1,589

1,538

1,543

1,587

-774

-673

-619

Net purchases of premises and equipment

887

874

1,018

779

532

502

818

560

315

340

243

356

437

Net cash paid for acquisition activities

8,393

600

3,187

629

9,314

24

204

17,603

1,444

0

-778

-

-

Net cash from other investing activities

877

802

663

432

610

-137

-456

0

0

-

-

3

-

Net cash provided by (used in) investing activities attributable to discontinued operations

-

-

-

-

-

-

-

-

-

-

-

12

0

Net cash from investing activities

-22,998

-15,618

-15,541

-25,630

-29,726

-15,991

3,721

-18,814

-11,174

4,463

11,162

-15,609

-10,465

Financing activities:
Changes in restricted cash for securitization investors

-

-

-

-

-

640

-446

363

811

2,897

727

0

-

Changes in deposits

12,643

6,077

6,993

19,031

12,163

1,017

-7,972

-156

6,010

6,401

-6,369

25,860

-3,009

Issuance of securitized debt obligations

6,656

997

5,983

6,259

5,062

4,291

2,200

0

0

-

-

-

-

Maturities and paydowns of securitized debt obligations

7,285

2,673

7,233

3,540

500

2,992

3,309

5,129

10,388

21,385

3,557

-5,557

-

Issuance of senior and subordinated notes and long-term FHLB advances

4,142

5,977

35,426

22,984

31,830

7,714

2,063

2,248

2,992

0

4,500

0

1,495

Maturities and paydowns of senior and subordinated notes and long-term FHLB advances

5,595

14,163

36,554

24,170

9,579

2,375

777

632

855

666

1,447

1,802

462

Repurchase of senior notes

-

-

-

-

-

-

-

-

-

-

-

1,121

150

Redemptions of acquired debt and noncontrolling interests

-

-

-

-

-

-

-

-

-

-

464

0

0

Repayments of Subordinated Short-term Debt

-

-

-

-

-

-

3,641

0

0

-

-

-

-

Changes in other borrowings

-2,104

8,671

-400

11

-16,066

919

-5,144

13,819

5,774

-293

-2,356

-6,373

6,853

Common stock:
Net proceeds from issuances

199

175

164

131

111

100

81

3,233

40

30

1,536

772

43

Dividends paid

753

773

780

812

816

679

555

111

91

91

214

568

42

Preferred stock:
Net proceeds from issuances

1,462

0

0

1,066

1,472

969

0

853

0

0

-

-

-

Dividends paid

282

265

265

214

158

67

53

15

0

0

105

0

0

Redemptions

1,000

0

0

-

-

-

-

-

-

-

-

-

-

Purchases of treasury stock

1,481

2,284

240

3,661

2,441

2,045

1,033

43

42

22

14

13

3,024

Net payments from redemption of preferred stock and warrants

-

-

-

-

-

-

-

-

-

-

-3,555

3,555

0

Proceeds from share-based payment activities

17

38

124

142

85

146

114

80

57

3

-6

59

301

Net cash provided by (used in) financing activities attributable to discontinued operations

-

-

-

-

-

-

-

-

-

-18

1

-16

-4,280

Net cash from financing activities

6,619

1,777

3,218

17,227

21,163

7,638

-18,472

14,510

4,308

-16,041

-12,050

14,796

-2,274

Changes in cash, cash equivalents and restricted cash for securitization investors

260

-863

1,859

3,453

1,564

951

-4,767

5,220

589

-3,436

1,194

2,670

160

Supplemental cash flow information:
Non-cash items:
Fair value of common stock issued in business acquisition

-

-

-

-

-

-

-

2,638

0

0

-

0

10

Net transfers from loans held for investment to loans held for sale

1,589

855

674

552

268

182

6,846

94

0

-

-

-

-

Transfers from securities held to maturity to securities available for sale

33,187

0

0

-

-

-

-

-

0

-

-

-

-

Securitized debt obligations assumed in acquisition

0

0

2,484

0

-

-

-

-

-

-

-

-

-

Loans held for sale acquired by assuming other borrowings

0

0

283

0

0

-

-

-

-

-

-

-

-

Interest paid

4,790

3,933

2,772

2,250

1,643

1,569

1,936

2,391

2,267

-

-

-

-

Net debt exchange of senior and subordinated notes

-

-

-

-

-

-

-

-

0

-

-

-

-

Issuance of senior and subordinated notes

-

-

-

-

-

-

-

-

0

-

-

-

-

Income tax paid

626

407

1,187

2,121

1,732

1,603

1,721

1,621

923

-

-

-

-

Available-for-sale Security Transferred To Held-to-maturity Security

-

-

-

-

-

-

18,275

0

0

-

-

-

-

Net Debt Exchange of Unsecured Debt

-

-

-

-

-

-

1,968

0

-

-

-

-

-

Cumulative effect from adoption of new consolidation accounting standards

-

-

-

-

-

-

-

-

-

2,973

0

0

-

Excess of the net fair value of assets acquired over consideration transferred for acquired businesses

-

-

-

-

-

-

-

-

-

-

0

-

-