E*TRADE Financial Corporation ETFC Cash Flow

E*trade financial corporation (ETFC)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows from operating activities:
Net income
846	955	1,053	1,064	1,095	1,052	911	773	716	614	612	604	544	552	514	222	381	268	220	459	236	293	310	271	148	86	-158	-234	-140	-113	67	166	174	156	138	76	64	-28	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Provision (benefit) for credit losses
-33	-51	-44	-66	-77	-86	-100	-95	-175	-168	-160	-193	-129	-149	-154	-117	-79	-40	-7	28	37	36	43	70	104	143	200	304	326	355	403	360	396	440	511	564	627	779	0	0	0
Depreciation and amortization (including amortization and accretion on investment securities)
228	225	220	227	233	244	262	267	266	262	257	251	247	239	228	251	289	325	357	358	341	331	329	339	360	395	419	431	430	409	390	368	351	340	337	337	335	339	0	0	0
Gains on securities and other, net
-14	-23	-26	-25	54	53	47	36	28	28	31	39	42	42	43	-329	-329	-324	-324	42	39	39	45	48	61	61	101	167	166	183	157	101	110	105	108	128	136	131	0	0	0
Equity in income of investments and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	4	3	5	1	-0	0	-0	-1	-2	-3	-3	-0	0	0	0
Losses on early extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-37	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Share-based compensation
48	53	49	50	49	46	44	42	41	41	41	37	32	30	32	31	35	34	29	28	23	24	18	18	19	20	23	27	25	21	21	16	15	14	17	18	20	25	0	0	0
Deferred tax expense
141	245	292	313	354	339	415	428	447	450	373	353	314	275	256	87	-155	-176	-215	-80	140	155	175	167	125	107	-256	-186	-52	-137	163	11	-95	7	-84	-17	-33	-86	0	0	0
Other
1	15	7	8	20	18	8	1	-2	-7	-6	-12	-13	-5	-3	7	6	1	0	0	0	-	-	-	-	-	-	-	-	-1	-0	-4	-1	4	6	13	6	-8	0	0	0
Net effect of changes in assets and liabilities:
Decrease (increase) in cash required to be segregated under federal or other regulations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,015	1,054	1,309	502	-465	-448	-132	-511	-130	360	662	689	-696	93	-1,093	-899	228	93	512	666	-1,026	-2,049	19	-823	0	0	0
Decrease in receivables from brokers, dealers and clearing organizations
527	635	252	276	-138	-418	-321	-607	-663	134	0	545	791	528	580	18	-93	-364	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease (increase) in margin receivables
-3,016	115	-1,325	-1,025	-248	489	2,649	3,182	3,609	2,340	1,983	949	570	-667	-1,381	-1,315	-1,884	-277	-184	799	874	1,322	1,928	1,370	1,597	549	581	165	463	978	440	143	752	-294	2,217	2,942	940	1,366	0	0	0
Originations of loans held-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	332	338	261	197	129	114	132	137	138	0	0	0
Net increase in trading securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43	47	58	-19	-34	-16	0	0	0	-	-	-	-
Proceeds from sales, repayments and maturities of trading securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Purchases of trading securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Increase in other assets
124	204	379	480	391	-159	-316	-381	-305	49	46	25	-15	3	7	-1	9	22	36	146	196	132	129	59	-159	-215	-345	-318	-240	-265	49	-243	-116	-32	-313	-66	-450	-369	0	0	0
(Decrease) increase in payables to brokers, dealers and clearing organizations
-386	-55	-754	-520	-1,730	-594	453	193	1,604	559	165	-271	-149	-593	-502	-244	-443	-123	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in customer payables
5,360	2,732	649	670	1,653	668	1,818	1,967	21	1,290	889	1,280	2,133	1,615	1,787	10	500	89	-486	76	33	145	696	1,543	1,176	1,345	-183	-45	-622	-626	618	-213	1,019	570	241	-383	195	136	0	0	0
Proceeds from sales and repayments of loans held-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	251	343	326	244	187	123	118	131	149	154	0	0	0
Decrease in other liabilities
-1,129	-341	-760	-608	-211	-40	106	53	40	34	-28	50	25	-14	26	-58	-73	-13	-846	-632	-470	112	941	517	541	-96	-277	-343	-282	-168	107	333	-3	-4	-244	-9	189	203	0	0	0
Net cash provided by operating activities
7,483	2,847	1,432	1,436	1,325	1,686	1,862	1,457	347	582	1,242	1,305	2,717	2,044	920	794	1,481	843	1,001	790	314	701	597	1,148	515	1,117	370	99	489	-159	877	947	547	1,095	510	810	1,455	1,049	0	0	0
Cash flows from investing activities:
Purchases of available-for-sale securities
8,272	8,382	8,876	10,605	9,693	8,386	9,265	6,280	7,675	9,819	9,735	9,366	9,138	6,705	7,090	6,403	6,141	6,150	3,768	4,347	3,287	1,564	2,955	3,301	5,344	7,042	7,120	8,403	8,097	10,049	11,892	11,779	10,893	10,251	13,462	14,943	17,640	16,981	0	0	0
Proceeds from sales of available-for-sale securities
11,077	10,735	10,850	14,081	8,386	7,423	6,700	2,824	2,194	1,645	1,938	2,368	2,739	3,194	2,674	4,763	4,248	3,905	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities of and principal payments on available-for-sale securities
1,595	1,588	1,563	1,741	1,846	1,944	1,997	1,878	1,711	1,588	1,575	1,560	1,591	1,540	1,408	1,435	1,548	1,667	246	638	591	1,468	-191	-148	1,006	2,407	8,330	11,090	13,051	12,446	12,213	11,154	10,067	9,929	11,282	12,648	14,893	15,681	0	0	0
Purchases of held-to-maturity securities
5,971	4,688	4,339	5,830	6,138	4,163	5,116	5,765	7,665	10,519	9,255	8,107	5,974	4,389	5,937	4,838	4,293	2,614	1,670	2,438	2,606	3,209	2,932	2,664	2,900	2,527	2,431	3,592	4,013	4,814	5,707	4,299	4,802	4,040	2,830	4,338	3,593	2,626	0	0	0
Proceeds from maturities of and principal payments on held-to-maturity securities
5,508	5,307	4,790	3,599	2,836	2,395	2,456	2,468	2,636	2,556	2,473	2,311	2,151	2,068	1,781	1,861	1,838	1,788	1,798	1,458	1,297	1,144	1,078	1,169	1,461	1,828	2,105	2,060	1,739	1,308	911	675	523	408	424	277	207	160	0	0	0
Proceeds from sales of loans
-	-	-	-	-	30	30	15	55	40	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in loans receivable
-383	-463	-534	-562	-591	-609	-641	-739	-873	-983	-1,081	-1,152	-1,167	-1,176	-1,195	-1,248	-1,316	-1,337	-1,330	-1,299	-1,235	-1,273	-1,381	-1,525	-1,651	-1,724	-1,746	-1,701	-1,734	-1,766	-1,851	-1,967	-2,019	-2,201	-2,427	-2,564	-2,737	-2,745	0	0	0
Capital expenditures for property and equipment
145	149	151	144	129	112	103	101	100	102	101	87	78	75	69	76	74	70	77	89	96	87	78	54	39	47	45	57	72	80	83	90	92	89	92	86	79	82	0	0	0
Proceeds from Securities Purchased under Agreements to Resell
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of G1 Execution Services, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash transferred on sale of G1 Execution Services, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of real estate owned and repossessed assets
13	14	15	17	19	24	23	26	30	29	30	26	23	20	19	21	26	28	34	34	34	37	36	42	50	62	73	87	94	102	118	126	141	156	163	183	208	213	0	0	0
Net cash flow from derivative contracts
337	277	175	-97	-182	-221	-212	-50	-34	-66	-52	2	29	109	110	58	40	2	8	9	9	15	-2	-10	-9	-19	2	40	42	85	57	56	30	-14	47	18	47	53	0	0	0
Other
17	34	21	13	39	25	52	66	49	43	22	11	14	-4	-1	-79	-91	-73	-21	84	72	69	15	-21	-5	-6	-67	-54	-79	-71	-16	-19	-24	-39	-38	-52	117	130	0	0	0
Net cash provided by (used in) investing activities
3,885	4,428	3,826	3,406	-2,274	-190	-2,513	-4,248	-7,956	-13,576	-11,924	-10,839	-8,285	-3,999	-6,851	-1,928	-1,441	2	3,537	-909	115	1,713	1,051	1,325	-178	286	2,724	2,898	4,473	665	-2,629	-2,283	-3,041	-1,630	-2,095	-3,661	-3,432	-1,072	0	0	0
Cash flows from financing activities:
Increase in deposits
-4,182	-6,707	-2,692	-2,375	2,636	1,781	741	1,802	5,518	11,060	9,846	7,108	5,555	2,237	6,087	6,750	5,557	4,555	683	1,130	523	-1,081	-943	-465	-129	-2,422	-3,257	-2,363	-3,704	1,932	3,887	1,912	3,609	1,219	1,071	2,229	1,338	626	0	0	0
Common stock dividends
131	135	139	105	71	36	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock dividends
40	40	40	44	44	36	36	24	24	25	25	13	13	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale of deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	980	0	0	0
Net decrease in securities sold under agreements to repurchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-82	0	-3,617	-3,668	-3,590	-3,917	-125	-677	-871	-533	-857	-115	88	-159	-119	-562	-561	-435	-466	-844	-872	-862	-1,067	-518	-552	0	0	0
Net increase in advances from FHLB
-300	0	-550	-550	-200	-500	350	650	500	500	0	0	0	-	-	-	-	960	980	880	780	730	1,730	1,730	2,230	2,180	1,480	2,130	2,280	2,930	3,180	2,860	2,540	2,220	0	0	0	-	-	-	-
Payments on advances from FHLB
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	1,880	1,900	880	780	730	1,730	2,080	2,230	2,180	2,414	3,134	3,634	4,284	3,630	2,890	2,570	2,250	2,000	2,000	2,000	2,350	0	0	0
Proceeds from issuance of senior notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	460	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on senior notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchases of common stock
1,060	1,085	1,409	1,152	1,119	1,139	813	691	502	362	187	0	151	452	502	502	351	50	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advances from FHLB
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Claims settlement under Section 16(b)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net cash flow from derivatives hedging liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	170	155	39	23	-5	-47	-30	-30	-25	49	67	66	41	53	22	55	218	0	0	0
Other
-20	-23	-22	-27	-30	-32	-38	-44	-37	-36	-34	-31	-33	-28	-35	-25	-25	-19	40	41	43	53	0	0	0	-	-	-	-	-17	-54	-4	-22	-17	12	18	39	39	0	0	0
Net cash (used in) financing activities
-5,733	-7,990	-4,852	-4,666	1,179	45	511	1,963	5,705	11,387	9,750	8,064	5,758	2,075	5,945	1,655	562	-395	-4,894	184	-989	-2,469	-1,635	-1,711	-260	-2,327	-4,123	-3,330	-5,473	156	2,898	1,345	2,648	259	133	1,124	768	-1,086	0	0	0
Effect of exchange rates on cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Decrease in cash, cash equivalents and segregated cash
5,635	-715	406	176	230	1,541	-140	-828	-1,904	-1,607	-932	-1,470	190	120	14	521	602	450	-356	65	-560	-55	13	762	77	-924	-1,029	-333	-510	662	1,146	8	154	-274	-1,451	-1,723	-1,204	-1,108	0	0	0
Supplemental disclosures:
Cash paid for interest
236	255	250	232	192	157	115	140	136	126	136	59	80	77	81	125	121	212	328	320	373	318	276	283	291	277	513	528	569	592	408	424	427	435	413	413	405	425	0	0	0
(Refund received) cash paid for income taxes, net
87	112	54	29	10	11	11	8	11	8	6	6	5	6	10	10	7	8	6	5	3	0	-3	-2	1	2	2	3	3	6	-1	-1	-2	-6	2	16	-81	-78	0	0	0
Right-of-use assets recognized upon adoption of new lease standard
0	193	193	193	193	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use assets obtained during the period
34	43	36	25	13	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for amounts included in the measurement of operating lease liabilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash investing and financing activities:
Transfers of loans held-for-investment to loans held-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	795	795	795	795	41	0	0	0	-	-	-	0	-	-	-	-	252	0	0	0
Transfers from loans to other real estate owned and repossessed assets
17	17	15	16	13	15	17	21	27	27	34	35	35	34	30	29	24	27	33	36	45	53	56	75	72	75	85	85	122	128	135	145	154	180	207	260	275	314	0	0	0
Transfers from other real estate owned and repossessed assets to loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion of convertible debentures to common stock
-	-	-	-	-	-	-	-	-	3	3	3	4	5	31	32	34	30	8	7	4	5	0	0	0	-	-	-	-	-	-	-	-	660	661	609	535	316	0	0	0
TransferOfAvailableForSaleSecuritiesToHeldToMaturity
-	-	-	-	-	1,200	1,161	1,161	1,161	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer of held-to-maturity securities to available-for-sale securities
-	-	-	-	-	4,700	4,672	4,672	4,700	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-