Capital one financial corp (COF)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09
Operating activities:
Income (loss) from continuing operations, net of tax

-1,340

1,178

1,329

1,616

1,410

1,264

1,501

1,917

1,343

-862

1,137

1,047

795

793

1,016

943

1,018

908

1,118

852

1,134

970

1,125

1,204

1,124

875

1,118

1,227

1,134

823

1,188

193

1,505

411

865

945

1,032

701

817

812

720

404

437

229

-83

Income from discontinued operations, net of tax

0

-2

4

9

2

-3

1

-11

3

-109

-30

-11

15

-2

-11

-1

-5

12

-4

11

19

29

-44

-10

30

-23

-13

-119

-78

-5

-10

-100

-102

-4

-52

-34

-16

-4

-15

-204

-84

-28

-44

-6

-24

Net income (loss)

-1,340

1,176

1,333

1,625

1,412

1,261

1,502

1,906

1,346

-971

1,107

1,036

810

791

1,005

942

1,013

920

1,114

863

1,153

999

1,081

1,194

1,154

852

1,105

1,108

1,056

818

1,178

93

1,403

407

813

911

1,016

697

802

608

636

376

393

223

-108

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

5,423

1,818

1,383

1,342

1,693

1,638

1,268

1,276

1,674

1,926

1,833

1,800

1,992

1,752

1,588

1,592

1,527

1,380

1,092

1,129

935

1,109

993

704

735

957

849

762

885

1,151

1,014

1,677

573

861

622

343

534

838

868

723

1,478

844

1,173

933

1,279

Depreciation and amortization, net

893

905

849

881

704

675

589

582

550

721

588

565

566

609

612

616

591

542

546

529

483

470

515

503

514

418

495

811

341

605

586

451

220

170

110

132

167

95

106

169

147

98

204

229

151

Deferred tax provision (benefit)

-748

-224

-57

-76

61

565

54

55

40

1,755

-86

-98

-137

-65

-244

-238

-139

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net securities gains

0

-18

5

15

24

-20

-196

-1

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

0

-

1

2

0

-6

3

-1

2

3

6

-1

13

4

-1

2

2

3

1

30

11

8

240

8

3

7

26

215

-107

435

-165

-56

4

Impairment losses on securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2

8

3

5

7

15

9

9

1

5

1

11

4

25

12

13

13

14

-

-

-

-

-

-

-

-

-

-

-

-

Originations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

489

-

572

180

29

-220

-50

660

-210

1,653

356

-1,096

281

Gain on sales of loans

4

-3

-4

51

6

9

106

406

27

30

23

9

10

3

20

12

45

11

36

5

34

13

15

13

7

9

5

8

10

11

18

13

16

44

7

-18

-5

-24

26

-18

17

0

0

1

-1

Net gains on deconsolidation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

355

-178

0

0

0

0

Bargain purchase gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

594

0

0

0

0

-

-

-

-

-

-

-

-

Stock-based compensation expense

24

64

46

57

72

17

45

41

67

80

53

34

77

89

60

46

44

40

-3

74

50

38

30

53

84

68

60

58

54

46

37

53

63

54

18

42

75

32

30

40

47

44

44

33

24

Originations and purchases

2,258

1,734

2,693

3,494

1,877

2,754

2,447

1,922

1,916

2,153

2,942

1,903

1,931

2,523

2,858

1,653

1,611

1,862

1,296

1,868

1,916

2,264

1,435

1,225

695

1,304

420

286

266

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales and paydowns

1,507

2,542

3,257

2,402

2,467

2,735

2,133

2,301

1,273

3,208

2,264

1,873

2,250

2,502

2,755

1,560

1,573

1,535

1,708

2,328

1,234

2,194

1,722

782

667

1,474

370

246

379

503

1,193

546

450

405

347

199

135

-275

28

254

234

611

-177

502

291

Changes in operating assets and liabilities:
Changes in interest receivable

-71

50

83

-71

1

92

25

-3

-40

110

52

-22

17

96

15

15

33

53

45

-25

-1

179

-112

-33

-5

34

-150

76

-316

80

-9

466

-42

71

-69

2

-45

45

-52

346

-202

191

40

-110

-12

(Increase) decrease in accounts receivable from securitizations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6

-6

-

-78

122

-61

2,838

-1,788

2,445

-1,480

Changes in other assets

-1,325

1,190

-601

-352

-899

-594

8

377

-267

1,495

533

-223

-1,091

2,000

-51

898

-940

403

-514

894

-187

1,009

541

258

-1,406

1,767

-871

330

-650

1,338

-202

662

-684

365

553

-318

-474

516

174

-2,786

1,139

-1,379

569

635

-164

Changes in interest payable

-80

69

-67

55

-76

67

-59

97

-60

112

-76

116

-67

90

-64

84

-82

101

-64

67

-59

80

-60

52

-50

9

-48

14

-140

51

-94

78

-82

65

-68

58

-77

24

-79

21

13

-74

-77

3

-19

Changes in other liabilities

595

716

-1,156

1,077

-443

-697

260

523

-1,639

1,355

1,066

186

-1,450

847

412

451

303

-659

1,254

-12

-8

474

307

-85

-597

848

80

432

-810

-774

1,220

1,030

-572

307

969

633

-506

-1,348

1,501

662

-948

13

-596

399

-1,525

Net change from discontinued operations

1

-

-

-

0

-

-

-

-

-

-

-

-11

-1

12

1

13

-15

-129

111

-46

-226

69

19

-49

36

-4

-179

-108

-18

-43

-131

152

15

31

22

27

335

-1

0

19

-57

49

-22

13

Net cash from operating activities

5,409

4,120

3,412

4,226

4,881

3,940

3,351

4,080

1,607

4,091

3,068

3,860

3,163

1,995

3,293

2,466

4,102

1,122

4,657

2,355

1,993

1,603

2,781

1,761

3,159

1,545

3,515

2,554

2,370

505

4,988

2,194

1,837

1,539

1,555

2,492

1,869

122

3,209

2,787

2,024

-799

25

1,376

1,479

Investing activities:
Securities available for sale:
Purchases

3,927

3,186

3,245

2,795

2,879

2,886

1,676

5,622

3,838

2,847

3,086

1,233

5,246

2,805

4,462

2,295

4,592

2,932

3,233

3,152

2,883

2,616

4,267

2,324

3,443

-

-

4,581

5,921

10,126

10,036

5,088

4,007

3,371

7,604

1,503

3,582

5,817

5,579

5,579

9,403

5,458

10,439

5,949

5,980

Proceeds from paydowns and maturities

3,822

2,454

2,737

1,836

1,526

1,671

2,076

1,944

1,819

1,720

1,889

1,772

1,832

2,094

2,036

1,835

1,902

1,675

2,104

2,072

1,891

2,254

2,328

1,610

1,776

-

-

3,609

4,877

4,834

4,294

3,812

4,839

2,645

2,350

2,118

2,597

2,857

2,625

3,234

2,851

1,830

3,297

2,619

1,794

Proceeds from sales

144

554

243

909

3,074

2,887

2,454

0

1,058

2,388

2,670

235

2,888

618

829

776

1,923

1,168

898

971

1,342

590

3,268

583

2,976

1,184

35

600

720

2,620

16

6,921

7,337

189

6,410

1,724

846

983

2,422

1,632

7,429

2,432

7,921

2,316

740

Securities held to maturity:
Purchases

0

0

0

31

365

2,793

1,787

11,347

3,239

1,154

1,838

1,846

1,047

1,506

669

695

917

1,412

632

1,040

1,193

783

1,904

871

1,269

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from paydowns and maturities

0

1,841

1,552

1,038

619

580

640

658

541

700

711

597

586

807

765

653

456

506

590

614

453

468

413

336

254

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans:
Net changes in loans held for investment

686

10,725

7,160

426

2,969

8,631

4,250

-9,907

-3,989

4,625

4,671

5,929

-2,910

8,968

4,797

8,542

-271

9,897

4,895

6,926

-3,143

8,212

4,304

6,864

-2,817

6,828

-4,414

1,594

-6,299

4,316

1,772

2,421

-904

7,170

2,133

6,187

-1,713

1,367

1,049

-855

-4,168

-1,489

-1,010

2,004

-1,439

Proceeds from securitizations of loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,252

1,766

4,157

2,892

Proceeds from sale of interest-only bonds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

57

0

0

0

0

Principal recoveries of loans previously charged off

666

610

624

649

674

576

619

650

658

482

504

484

481

370

366

373

384

342

373

380

403

379

401

398

404

385

377

410

417

433

337

362

406

346

371

1,261

-435

2,788

-375

-425

-401

-181

-191

-209

-192

Net purchases of premises and equipment

154

256

235

213

183

205

240

224

205

242

293

261

222

271

184

190

134

121

182

76

153

97

155

121

129

196

172

214

236

201

97

106

156

46

110

92

67

115

75

76

74

29

36

70

107

Net cash paid for acquisition activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

3,863

13,740

0

0

0

1,444

0

0

0

0

-

-

-

-

Net cash from other investing activities

196

96

192

167

422

346

92

263

101

251

116

192

104

152

154

105

21

181

112

385

-68

-137

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash from investing activities

1,041

-17,112

-5,761

-5,138

5,013

-9,747

-2,256

-4,297

682

-3,796

-7,450

-6,373

2,078

-10,453

-6,259

-8,190

-728

-20,166

-5,089

-7,542

3,071

-7,904

-4,220

-7,253

3,386

-6,036

5,371

-1,770

6,156

-6,756

-7,679

-27,143

22,764

-8,025

-372

-2,321

-456

-1,487

-522

331

6,141

4,243

3,734

1,422

1,762

Financing activities:
Changes in restricted cash for securitization investors

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-333

-19

0

171

-44

189

324

-484

89

-641

590

332

-390

720

-299

193

344

1,228

-954

1,585

760

-160

712

547

23

145

11

Changes in deposits

6,702

5,571

2,559

-730

5,243

2,410

-1,024

-2,599

7,290

4,725

-696

-1,443

4,407

10,782

4,918

-724

4,055

4,815

4,120

-1,662

4,890

1,282

-1,628

-2,436

3,799

-2,310

-3,034

-2,552

-76

-757

-678

-2,598

3,877

-94

2,197

671

3,236

2,998

1,881

-455

1,977

1,306

-2,222

-4,391

-1,061

Issuance of securitized debt obligations

1,248

0

4,039

1,121

1,496

0

0

997

0

2,992

0

-1

2,992

1,272

3,067

1,920

0

923

1,820

1,072

1,247

1,296

549

1,498

948

750

0

700

750

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Maturities and paydowns of securitized debt obligations

2,208

1,063

2,096

3,537

589

425

998

0

1,250

0

3,750

200

3,283

750

746

719

1,325

325

0

0

175

184

17

1,321

1,470

5

1,287

915

1,102

1,288

922

1,866

1,053

593

2,740

4,646

2,409

2,590

18,795

0

0

-

-

-

-

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

1,995

0

1,496

1,403

1,243

0

750

1,993

3,234

7,642

15,919

7,881

3,984

2,604

5,430

8,600

6,350

17,294

1,494

10,054

2,988

1

2,982

2,737

1,994

1,129

0

296

638

998

0

0

1,250

0

2,992

0

0

-

-

-

-

-

-

-

-

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

1,500

0

2,844

751

2,000

1,205

1,751

1

11,206

9,683

4,931

6,213

15,727

1,769

7,000

1,351

14,050

1,136

5,802

1,391

1,250

0

1,001

1,099

275

277

0

710

-210

0

350

0

282

1

854

0

0

-

-

-

-

-

-

-

-

Redemptions of acquired debt and noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

0

0

464

Repayments of Subordinated Short-term Debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

3,641

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Changes in other borrowings

-927

6,860

105

13

-9,082

7,757

1,010

-163

67

-190

-189

-75

54

-86

79

82

-64

-31

-843

-4,796

-10,396

4,949

725

7,032

-11,787

7,135

-3,088

-197

-8,994

12,060

3,748

4,724

-6,713

5,856

-3,065

2,471

512

1,430

14,502

-4,949

-11,276

2,393

-2,136

-1,352

-1,260

Common stock:
Net proceeds from issuances

63

46

55

46

52

38

47

41

49

40

45

38

41

32

35

34

30

27

31

29

24

27

22

24

27

17

20

21

23

16

17

12

3,188

12

10

10

8

8

7

8

7

6

6

1,514

9

Dividends paid

185

184

190

188

191

189

191

196

197

195

195

195

195

194

202

205

211

214

217

218

167

166

169

170

174

172

177

176

30

29

29

29

24

22

23

23

23

22

23

23

23

23

23

19

148

Preferred stock:
Net proceeds from issuances

1,209

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

55

97

53

80

52

80

53

80

52

80

52

80

53

75

37

65

37

68

29

29

32

21

20

13

13

14

13

13

13

15

0

0

0

-

-

-

-

-

-

-

-

0

0

60

44

Redemptions

875

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of treasury stock

386

945

469

2

65

638

571

802

273

4

17

1

218

868

1,194

629

970

626

627

625

563

502

563

941

39

746

258

1

28

0

1

0

42

1

2

1

38

0

2

2

18

8

3

0

2

Proceeds from share-based payment activities

20

17

0

0

0

0

18

6

14

22

21

16

65

139

0

0

3

2

15

49

19

57

19

58

12

41

29

29

15

23

12

29

16

-2

17

19

23

-3

2

4

0

-7

3

-0

-1

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

0

-19

4

0

0

-3

Net cash from financing activities

5,101

9,204

4,065

-2,705

-3,945

7,668

-2,763

-804

-2,324

5,269

6,155

-273

-7,933

11,570

4,933

6,943

-6,219

21,013

113

3,452

-3,415

7,395

855

6,042

-6,654

5,064

-7,821

-2,877

-12,838

11,340

2,681

272

217

5,966

-1,468

-1,499

1,309

1,672

-2,944

-5,417

-9,352

1,115

-4,404

-5,782

-2,978

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

11,551

-3,788

1,716

-3,617

5,949

1,861

-1,668

-1,021

-35

5,564

1,773

-2,786

-2,692

3,112

1,967

1,219

-2,845

1,969

-319

-1,735

1,649

1,094

-584

550

-109

573

1,065

-2,093

-4,312

5,089

-10

-24,677

24,818

-520

-285

-1,328

2,722

307

-257

-2,299

-1,187

4,559

-645

-2,982

262

Supplemental cash flow information:
Non-cash items:
Net transfers from (to) loans held for investment to (from) loans held for sale

-73

-

-

-

358

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value of common stock issued in business acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,638

-

-

-

-

-

-

-

-

-

0

0

-778

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

-

-

-

-

-

76

116

486

177

225

184

125

140

155

-38

-75

510

-3

42

226

3

144

16

14

8

38

-12

82

6,738

42

7

41

4

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid

1,157

1,101

1,278

1,163

1,248

1,052

1,085

860

936

692

811

567

702

732

581

394

543

322

468

396

457

321

450

347

451

386

486

443

621

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net debt exchange of senior and subordinated notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

762

1,206

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of senior and subordinated notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Income tax paid

64

262

183

111

70

32

204

118

53

408

312

433

34

570

479

1,017

55

615

402

628

87

494

225

865

19

471

604

579

67

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cumulative effect from adoption of new consolidation accounting standards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,939

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

3

-

-

-

-

-

-

-

-