Morgan stanley (MS)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Nov'08Nov'07
Cash flows from operating activities
Net income

9,237

8,883

6,216

6,123

6,279

3,667

3,613

716

4,645

5,702

1,406

1,778

3,249

Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Deferred income taxes

165

449

2,747

1,579

1,189

-231

-117

-639

413

-129

-932

-1,224

-1,669

(Income) loss from equity method investments

-

-

-

-

114

156

451

52

-995

-37

-49

-

-

Stock-based compensation expense

1,153

920

1,026

1,136

1,104

1,260

1,180

891

1,300

1,260

1,265

1,838

1,927

Depreciation and amortization

2,643

1,844

1,753

1,736

1,433

1,161

1,511

1,581

1,404

1,419

1,224

794

475

Net (gain) loss on business dispositions

-

-

-

-

-

-

-

-

24

570

606

2,232

168

Gain on sale of stake in China International Capital Corporation Limited

-

-

-

-

-

-

-

-

-

668

0

-

-

Gains on curtailments of pension and postretirement plans

-

-

-

-

-

-

-

-

-

54

0

-

-

Net gain on sale of available-for-sale securities

-

-

-

-

84

40

45

78

143

102

0

0

-

(Gain) loss on retirement of long-term debt

-

-

-

-

-

-

-

-

-

-27

491

2,252

0

Insurance reimbursement

-

-

-

-

-

-

-

-

-

76

0

-

-38

Loss on Revel

-

-

-

-

-

-

-

-

-

1,190

0

-

-

Impairment charges

-

-

-

-

69

111

198

271

159

201

823

1,238

437

Provision for (Release of) credit losses on lending activities

162

-15

29

144

123

23

110

155

-113

0

-

-

478

Other operating adjustments

195

-199

-153

102

-322

72

-142

69

131

-

-

-

-

Changes in assets and liabilities:
Cash deposited with clearing organizations or segregated under federal and other regulations or requirements

-

-

-

-

-

-

8,233

1,516

10,274

-4,532

-211

-5,001

9,334

Trading assets, net of Trading liabilities

13,668

-23,732

27,588

24,079

-30,212

-20,619

23,598

-6,389

-29,913

-16,400

26,130

-78,486

25,361

Securities borrowed

-9,764

-7,697

-1,226

-17,180

5,708

7,001

8,006

-5,373

-11,656

-28,771

79,449

-154,209

-59,637

Securities loaned

-3,402

-1,684

-2,252

-3,514

-5,861

-7,580

-4,050

6,387

1,368

2,848

11,666

-95,602

-39,834

Customer and other receivables and other assets

-233

728

9,315

371

434

-2,204

-6,774

10,030

-5,899

6,492

2,445

-54,531

3,973

Customer and other payables and other liabilities

19,942

-13,063

2,007

1,913

4,633

27,971

26,697

-1,283

-6,985

697

769

-114,531

71,092

Securities purchased under agreements to resell

-10,298

14,264

-17,697

14,298

4,369

-34,842

-16,282

4,257

-18,098

5,045

20,499

-51,822

-26,194

Securities sold under agreements to repurchase

4,441

-6,665

1,796

17,936

-33,257

-75,692

23,002

20,920

-42,798

-9,334

67,188

-60,439

-105,361

Net cash provided by (used for) operating activities

40,773

7,305

-4,505

5,383

-4,463

1,086

35,009

24,759

15,382

40,614

-45,951

73,417

-22,249

Cash flows from investing activities
Proceeds from (payments for):
Other assets—Premises, equipment and software, net

1,826

1,865

1,629

1,276

1,373

992

1,316

1,312

1,304

1,201

2,877

1,400

1,469

Business acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

-

1,042

2,160

174

1,169

Business dispositions, net of cash disposed

-

-

-

-

998

989

1,147

1,725

0

840

565

743

476

Originitions and purchases

-

-

-

-

-

-

-

-

-

-

-

-

4,776

Proceeds from sales

-

-

-

-

-

-

-

-

-

-

-

-

5,301

Sale of stake in China International Capital Corporation Limited

-

-

-

-

-

-

-

-

-

989

0

0

-

Japanese securities joint venture with MUFG

-

-

-

-

-

-

-

-

-129

247

0

-

-

Changes in loans, net

17,359

8,794

12,125

9,604

15,816

20,116

10,057

3,486

9,208

307

-

-

-

Investment securities:
Purchases

42,586

27,800

23,962

50,911

47,291

32,623

30,557

24,477

20,601

29,989

0

-

14,073

Proceeds from sales

17,151

3,208

18,131

33,716

37,926

12,980

11,425

10,398

17,064

-

-

-

4,272

Proceeds from paydowns and maturities

12,012

12,668

7,445

8,367

5,663

4,651

4,757

4,738

2,934

-

-

-

-

Sales, maturities and redemptions of securities available for sale

-

-

-

-

-

-

-

-

-

999

0

-

-

Other investing activities

953

298

251

-200

102

213

-140

211

-510

-

-

-

-

Net cash provided by (used for) investing activities

-33,561

-22,881

-12,391

-19,508

-19,995

-35,324

-24,461

-12,625

-10,734

-29,464

-4,472

-831

-11,438

Cash flows from financing activities
Net proceeds from (payments for):
Short-term borrowings

-

-

-

-

-

119

4

-705

-413

878

-7,724

-24,012

8,274

Noncontrolling Interests

-

-

-

96

96

189

557

296

791

332

0

0

-

Other secured financings

3,695

-1,226

-1,573

1,333

-2,370

-2,189

-10,726

-6,628

1,867

-751

-4,437

-15,246

-24,231

Deposits

2,513

28,384

3,573

-171

22,490

21,165

29,113

17,604

1,850

1,597

10,860

11,576

23,099

Proceeds from:
Excess tax benefits associated with stock-based awards

-

-

-

-

-

101

10

42

0

5

102

47

281

Derivatives financing activities

-

-

-

-

512

855

1,003

243

129

85

85

962

-859

Issuance of preferred stock, net of issuance costs

497

0

994

0

1,493

2,782

1,696

0

0

-

-

-

-

Proceeds from issuance of Borrowings

30,605

40,059

55,416

43,626

34,182

36,740

27,939

23,646

32,725

32,523

43,960

42,331

74,540

Noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

1,560

265

Issuance of preferred stock and common stock warrant

-

-

-

-

-

-

-

-

-

-

-

18,997

0

Morgan Stanley public offerings of common stock

-

-

-

-

-

-

-

-

-

-

-

-

0

Public offerings and other issuances of common stock

-

-

-

-

-

-

-

-

-

5,581

6,255

397

927

Payments for:
Borrowings

40,548

34,781

35,825

31,596

27,377

33,103

38,742

43,092

39,232

28,201

33,175

56,120

33,120

Issuance of junior subordinated debentures related to China Investment Corporation

-

-

-

-

-

-

-

-

-

-

-

5,579

0

Derivatives financing activities

-

-

-

-

452

776

1,216

125

132

-

-

-

-

Repurchases of common stock and employee tax withholdings

5,954

5,566

4,292

3,933

2,773

1,458

691

227

317

317

50

1,117

438

Series D Preferred Stock and Warrant

-

-

-

-

-

-

-

-

-

-

10,950

-

0

Redemption of junior subordinated debentures related to China Investment Corporation Limited

-

-

-

-

-

-

-

-

-

5,579

0

-

-

Redemption of capital units

-

-

-

-

-

-

-

-

-

-

-

-

66

Repurchases of common stock through capital management share repurchase program

-

-

-

-

-

-

-

-

-

-

-

711

3,753

Purchase of additional stake in Wealth Management JV

-

-

-

-

-

-

4,725

1,890

0

0

-

-

-

Cash distribution in connection with the Discover Spin-off

-

-

-

-

-

-

-

-

-

-

-

-

5,615

Cash dividends

2,627

2,375

2,085

1,746

1,455

904

475

469

834

1,156

1,732

1,227

1,219

Other financing activities

-147

-290

53

-54

0

0

-

-

-

-

-

-

-

Net cash provided by (used for) financing activities

-11,966

24,205

16,261

7,363

24,154

23,143

2,633

-11,897

-5,148

4,163

3,024

-16,984

38,085

Effect of exchange rate changes on cash and cash equivalents

-271

-1,828

3,670

-1,430

-1,735

-1,804

-202

-119

-314

14

720

-2,546

594

Net increase (decrease) in cash and cash equivalents

-5,025

6,801

3,035

-8,192

-2,039

-12,899

12,979

-408

-303

15,624

-46,679

53,056

4,992

Effect of cash and cash equivalents related to variable interest entities

-

-

-

-

-

-

-

-526

511

297

0

-

-

Supplemental Disclosure of Cash Flow Information
Cash payments for interest

12,511

9,977

5,377

2,834

2,672

3,575

4,793

5,213

6,835

5,891

-

-

-

Cash payments for income taxes, net of refunds

1,908

1,377

1,390

831

677

886

930

388

892

1,091

-

-

-