| Dec'12 | Dec'11 | Dec'10 | Dec'09 | ||
|---|---|---|---|---|---|
Net earnings (loss) | |||||
290 | -1,647 | 3,880 | 7,340 | ||
Provision for representations and warranties | |||||
-754 | 2,731 | -120 | -235 | ||
Depreciation and amortization | |||||
576 | 731 | 900 | 1,080 | ||
Share-based compensation expense | |||||
1,531 | 1,919 | 1,483 | 1,433 | ||
Gains on repurchases of long-term borrowings | |||||
405 | 0 | 0 | - | ||
Fair Value, Option, Changes in Fair Value, Gain (Loss) | |||||
-3,207 | 2,030 | -31 | - | ||
Deferred taxes | |||||
-2,785 | 3,081 | 637 | 578 | ||
Loss (earnings) from equity method investments | |||||
265 | 347 | 625 | 1,443 | ||
Other | |||||
-498 | -2,033 | 159 | 167 | ||
Trading assets | |||||
-26,565 | 16,528 | 7,758 | 33,683 | ||
Cash and securities segregated for regulatory purposes or deposited with clearing organizations | |||||
2,274 | -667 | -2,506 | -5,679 | ||
Receivables from Bank of America | |||||
-18,346 | -9,612 | -5,657 | 96,132 | ||
Receivables under resale agreements | |||||
5,326 | 5,272 | 37,956 | -99,304 | ||
Receivables under securities borrowed transactions | |||||
2,883 | -2,349 | -17,590 | 2,050 | ||
Customer receivables | |||||
-247 | -1,561 | -12,205 | -1,944 | ||
Brokers and dealers receivables | |||||
13,103 | -7,794 | 3,226 | -5,180 | ||
Proceeds from loans, notes, and mortgages held for sale | |||||
1,079 | 4,455 | 8,456 | 9,237 | ||
Other changes in loans, notes, and mortgages held for sale | |||||
-662 | -2,465 | -4,713 | -7,212 | ||
Trading liabilities | |||||
8,184 | -17,061 | 11,561 | -21,246 | ||
Payables under repurchase agreements | |||||
45,943 | -9,991 | -1,989 | -51,977 | ||
Payables under securities loaned transactions | |||||
6,845 | -3,791 | -10,314 | -9,577 | ||
Payables to Bank of America | |||||
-22,979 | 8,787 | -8,155 | 32,461 | ||
Customer payables | |||||
11,900 | 1,108 | -1,413 | -7,569 | ||
Brokers and dealers payables | |||||
-3,919 | -4,228 | -6,008 | 1,245 | ||
Other, net | |||||
-1,056 | 2,636 | -7,034 | -2,834 | ||
Cash provided by operating activities | |||||
17,782 | 13,888 | 5,020 | 4,390 | ||
Paydowns and maturities of available-for-sale securities | |||||
1,214 | 1,734 | 1,615 | 6,989 | ||
Sales of available-for-sale securities | |||||
22 | 4,290 | 15,472 | 11,311 | ||
Purchases of available-for-sale securities | |||||
1,236 | 1,672 | 5,136 | 1,902 | ||
Sales and maturities of held-to-maturity securities | |||||
0 | 250 | 0 | 0 | ||
Proceeds from Sale of Productive Assets, Building | |||||
578 | 0 | 0 | - | ||
Equipment and facilities, net | |||||
266 | 95 | 377 | 264 | ||
Loans, notes, and mortgages held for investment | |||||
1,010 | 2,793 | 6,927 | 3,440 | ||
Sale of MLBT-FSB to Bank of America | |||||
- | - | - | 4,450 | ||
Other investments | |||||
-1,600 | -6,169 | -11,787 | -4,000 | ||
Cash provided by investing activities | |||||
2,922 | 13,469 | 30,288 | 28,024 | ||
Short-term borrowings | |||||
-2,675 | -9,197 | -4,623 | -33,229 | ||
Issuance and resale of long-term borrowings | |||||
7,518 | 9,169 | 8,553 | 7,555 | ||
Settlement and repurchases of long-term borrowings | |||||
26,975 | 29,876 | 34,914 | 56,008 | ||
Capital contributions from Bank of America | |||||
- | - | - | 6,850 | ||
Deposits | |||||
509 | -462 | -2,361 | 8,088 | ||
Derivative financing transactions | |||||
-101 | -36 | 1 | -19 | ||
Other common stock transactions | |||||
- | - | - | -81 | ||
Dividends | |||||
0 | 0 | 134 | 853 | ||
Cash used for financing activities | |||||
-21,522 | -30,330 | -33,480 | -67,659 | ||
Effect of exchange rate changes on cash and cash equivalents | |||||
-4 | -516 | 251 | 269 | ||
Decrease in cash and cash equivalents | |||||
-822 | -3,489 | 2,079 | -34,976 | ||
Income taxes paid | |||||
448 | 428 | 2,577 | 808 | ||
Income taxes refunded(1) | |||||
-4,753 | -2,047 | -4,232 | -315 | ||
Interest paid | |||||
6,355 | 7,399 | 7,846 | 11,115 | ||