PNC Financial Services Group, Inc. PNC Cash Flow

Pnc financial services group, inc. (PNC)

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	Dec'09	Sep'09	Jun'09	Mar'09
Operating Activities
Net income
5,062	5,418	5,388	5,396	5,378	5,346	6,086	5,812	5,553	5,388	4,344	4,224	4,116	3,985	3,960	4,027	4,082	4,143	4,178	4,143	4,151	4,207	4,224	4,214	4,277	4,212	3,850	3,747	3,178	2,994	2,775	2,684	3,050	3,071	3,398	3,667	3,558	3,397	3,684	3,140	2,544	2,403	0	0	0
Adjustments to reconcile net income to net cash provided (used) by operating activities
Provision for credit losses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for credit losses
-	-	-	-	-	408	385	427	445	441	383	340	369	433	440	434	353	255	233	207	233	273	334	416	501	643	848	939	1,038	987	859	892	916	1,152	1,404	1,629	2,172	2,502	3,109	3,537	3,801	3,930	0	0	0
Depreciation and amortization
1,371	1,315	1,194	1,141	1,121	1,129	1,097	1,116	1,118	1,117	1,135	1,200	1,202	1,193	1,203	1,119	1,106	1,088	1,066	1,042	1,004	988	987	1,039	1,099	1,146	1,181	1,188	1,173	1,159	1,151	1,125	1,130	1,140	1,156	1,186	1,112	1,059	984	915	946	978	0	0	0
Deferred income taxes
-34	303	332	72	163	133	-666	-316	-343	-403	644	474	396	326	105	227	315	404	333	260	278	255	267	508	954	1,196	1,062	943	641	563	1,160	1,379	975	840	488	321	811	1,019	1,480	1,315	949	932	0	0	0
Net gains on sales of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	7	28	95	99	141	160	161	204	221	249	269	249	255	308	373	426	502	549	584	550	0	0	0
Net other-than-temporary impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	31	53	83	111	140	151	156	152	152	188	243	325	425	483	544	577	0	0	0
Changes in fair value of mortgage servicing rights
1,055	645	944	750	467	172	35	94	205	323	-149	-195	-129	179	536	758	472	274	503	307	532	514	298	243	-95	-261	-235	-186	208	284	345	712	715	726	0	0	0	-	-	-	-	-	-	-	-
Gain on sales of Visa Class B common shares
-	-	-	-	-	-	-	-	-	-	-	-	-	126	0	0	0	-	-	-	-	209	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gains related to BlackRock LTIP shares adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	103	0	0	0
Undistributed earnings of BlackRock
476	531	460	477	503	525	833	797	760	727	420	411	400	361	371	359	372	407	399	444	436	441	445	393	401	373	344	343	307	302	266	262	275	262	331	308	289	291	213	216	191	144	0	0	0
Excess tax benefits from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23	41	35	23	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in
Trading securities and other short-term investments
812	-560	445	-411	711	893	-346	-1,542	-886	-305	-114	1,378	626	1,167	991	640	514	-203	-294	104	88	-757	810	79	-49	455	-1,476	-419	-331	-1,350	-1,324	-945	-1,755	-330	761	-33	711	-468	-1,188	-1,083	177	-61	0	0	0
Loans held for sale
895	123	157	-197	-280	-1,635	275	276	538	1,148	408	-243	-79	935	11	-56	-712	-393	271	697	661	405	432	-562	175	94	1,009	1,359	1,549	1,125	523	855	-404	-77	-504	413	770	1,154	213	-1,444	-744	-1,110	0	0	0
Other assets
4,769	788	-216	470	1,606	-108	1,585	1,512	1,111	-647	-1,473	-2,223	-1,107	744	-1,804	970	-1,707	-1,568	2,593	-276	1,101	8	-1,443	-3,559	-3,532	-3,954	-4,492	-1,893	-2,091	-1,928	11	2,926	3,948	4,142	1,850	-233	-25	-753	-980	-1,286	-4,005	-5,485	0	0	0
Accrued expenses and other liabilities
3,712	132	-1,069	-456	1,381	295	1,486	1,223	890	-704	-1,540	-1,891	-1,316	652	-1,871	577	-1,748	-1,788	2,117	-398	857	169	-1,067	-2,328	-2,789	-3,990	-3,847	-1,982	-1,480	-690	386	2,758	3,686	3,330	1,373	-582	-1,075	-1,571	-1,574	-3,427	-4,213	-8,118	0	0	0
Other
446	341	258	224	156	-32	-491	-585	-566	-340	-344	-130	-98	-65	485	433	401	439	651	639	679	515	341	255	178	190	135	230	252	301	312	523	409	328	1,242	1,263	1,117	904	-178	-887	-13	-418	0	0	0
Net cash provided (used) by operating activities
5,266	7,363	6,385	6,945	6,319	7,840	6,567	7,898	6,911	5,579	5,920	4,959	4,814	3,500	4,187	4,630	5,541	5,525	4,638	3,771	3,925	5,585	4,239	7,229	6,463	5,555	7,079	4,791	5,045	6,809	7,074	6,142	8,082	6,033	4,959	4,248	3,267	4,812	7,663	8,673	7,156	5,754	0	0	0
Investing Activities
Sales
Securities available for sale
12,362	7,755	7,284	5,133	3,884	7,505	6,877	7,332	6,906	5,647	5,131	4,876	5,876	3,456	5,899	6,405	5,718	6,723	4,209	3,475	4,872	4,432	4,588	7,519	8,081	7,974	7,798	6,578	7,106	9,358	11,907	12,104	16,007	20,533	22,485	24,243	25,321	23,343	24,244	24,924	22,157	18,861	0	0	0
Loans
1,672	1,664	1,380	1,082	1,150	1,323	1,688	1,986	2,142	2,001	1,852	1,798	1,864	1,897	1,965	1,957	2,022	2,040	2,617	2,533	2,562	2,870	2,763	2,966	2,905	2,559	2,053	1,728	1,573	1,611	1,572	1,514	1,569	1,770	960	1,969	2,159	1,868	2,562	1,400	893	644	0	0	0
Repayments/maturities
Securities available for sale
14,203	11,974	10,409	9,705	9,464	9,388	9,480	9,823	9,971	10,734	11,573	11,555	11,846	11,061	9,590	8,882	8,163	7,920	7,579	7,414	7,023	6,915	6,997	7,870	8,712	9,668	10,613	10,229	9,811	9,195	8,387	7,480	6,478	6,074	6,150	6,618	7,505	7,730	7,608	7,566	7,563	7,291	0	0	0
Securities held to maturity
2,850	3,348	2,723	2,348	2,359	2,447	2,669	2,933	3,042	2,948	3,392	3,227	3,190	3,209	2,504	2,229	2,069	2,032	1,880	2,049	1,953	1,987	2,322	2,284	2,295	2,483	2,566	2,727	3,046	3,174	3,293	3,267	3,189	2,859	2,559	2,783	2,683	2,433	2,101	1,244	663	495	0	0	0
Purchases
Securities available for sale
31,767	23,739	22,962	20,783	21,374	23,418	22,564	20,747	14,368	13,605	12,992	18,947	21,196	19,495	24,000	23,843	23,638	26,367	20,478	14,087	12,469	7,989	10,293	15,242	17,339	18,419	16,040	13,845	12,986	17,164	18,937	22,789	25,262	25,551	29,230	36,408	34,736	36,653	37,058	31,574	37,204	34,078	0	0	0
Securities held to maturity
1,732	1,751	2,037	999	2,731	3,370	4,579	5,480	4,489	5,605	4,662	5,506	5,396	4,305	4,902	3,434	3,583	4,896	0	0	0	-	-	-	-	1,883	0	0	0	-	-	-	-	1,607	1,071	790	791	1,296	2,033	2,296	2,558	2,367	0	0	0
Loans
659	1,027	1,158	1,126	934	690	581	825	888	841	1,061	1,145	1,148	1,334	1,147	897	869	748	770	736	776	750	816	1,741	1,830	1,975	2,031	1,727	1,769	1,796	2,375	2,361	2,372	2,401	2,089	2,057	3,160	4,275	4,438	3,763	2,457	970	0	0	0
Net change in
Federal funds sold and resale agreements
1,054	4,899	-2,958	-1,733	-1,124	-5,837	465	542	526	-245	-922	-120	-794	126	815	493	768	481	226	-447	-752	131	-854	84	125	-530	804	24	89	732	69	700	861	1,487	269	-162	-881	-1,313	339	-388	169	-560	0	0	0
Interest-earning deposits with banks
-4,725	-12,520	764	3,610	13,560	17,702	4,913	510	-944	-2,884	2,346	4,268	1,602	4,835	7,165	7,219	1,719	1,233	-7,976	-17,092	-16,321	-19,643	-18,199	-13,079	-13,335	-8,151	-5,727	198	543	-2,526	740	801	-436	441	-2,358	336	-946	2,684	494	5,128	13,928	10,237	0	0	0
Loans
34,636	14,963	15,193	15,032	11,809	7,335	3,997	6,875	9,735	10,483	11,095	9,361	6,769	5,940	7,921	6,614	5,329	3,972	6,443	6,327	9,002	12,147	10,783	13,133	13,133	10,790	11,637	10,621	11,962	14,333	14,404	17,037	14,028	10,224	6,121	-674	-5,062	-7,855	-11,133	-11,953	-14,639	-13,863	0	0	0
Net cash (paid for) received from acquisition and divestiture activity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,130	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other
1,043	705	1,292	1,198	1,187	1,684	1,397	1,765	1,346	1,220	1,446	1,309	1,094	817	298	263	322	706	489	327	384	199	530	443	84	-129	-449	-485	-242	-97	-114	-145	92	160	177	227	-409	-753	-154	-87	123	541	0	0	0
Net cash provided (used) by investing activities
-42,346	-24,990	-23,040	-18,993	-8,742	-3,969	-7,045	-12,585	-10,525	-14,895	-9,207	-11,987	-12,019	-7,307	-10,330	-7,866	-13,282	-16,260	-23,880	-27,094	-25,794	-24,893	-25,653	-24,574	-25,300	-18,935	-13,457	-6,663	-6,773	-17,261	-14,456	-21,021	-18,770	-6,549	-8,441	-316	5,225	5,729	7,585	11,041	14,274	9,479	0	0	0
Financing Activities
Net change in
Noninterest-bearing deposits
10,028	-1,166	-722	-9,146	-6,670	-6,016	-5,213	-463	-1,003	-264	-2,115	1,662	1,145	1,212	4,155	743	3,400	5,765	5,282	6,368	4,924	3,182	4,236	4,290	5,394	341	4,665	2,659	2,599	7,149	5,101	7,555	9,418	8,909	9,029	7,867	5,165	5,872	2,431	3,134	3,148	7,169	0	0	0
Interest-bearing deposits
23,975	21,882	21,358	17,555	13,214	8,690	9,380	6,212	4,937	8,255	3,032	7,714	9,256	7,367	10,996	9,577	10,649	10,812	13,399	10,782	9,240	8,130	6,014	5,982	5,351	7,463	6,085	3,661	3,841	902	-4,840	-828	-3,908	-4,863	-788	-5,788	-6,405	-8,844	-7,343	-10,207	-10,685	-9,849	0	0	0
Federal funds purchased and repurchase agreements
4,334	4,260	1,289	1,427	2,537	392	922	-77	-69	-148	527	615	-692	18	-842	-570	293	-1,733	-1,422	-942	-1,031	-778	336	-1,169	-764	965	-709	140	-828	-2	428	12	412	-1,151	-1,547	130	-1,425	152	671	-225	726	-1,173	0	0	0
Commercial paper
-	-	-	-	-	-100	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-	-2,037	-3,705	-4,536	-5,607	-2,104	-560	2,384	4,762	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Federal Home Loan Bank borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	280	0	0	0	-	-	-	-
Other borrowed funds
299	-495	52	126	281	20	-479	-251	-347	459	1,116	233	939	272	-300	-197	-985	-9	541	1,315	1,839	109	781	-120	-163	221	-605	-998	-328	-279	61	170	379	-789	-2,328	-1,882	-1,761	-1,549	-432	62	-925	-1,726	0	0	0
Sales/issuances
Federal Home Loan Bank borrowings
16,100	12,040	0	0	0	-	-	-	-	11,000	0	0	0	-	-	-	-	2,250	7,785	10,285	12,935	15,685	0	0	0	-	-	-	-	13,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Bank notes and senior debt
10,316	8,977	6,930	4,938	3,394	3,238	4,991	5,737	7,233	7,062	7,055	6,808	6,424	5,601	5,600	6,097	7,427	8,173	7,679	7,480	6,184	6,184	5,681	5,132	4,683	3,938	3,194	2,446	2,001	2,093	0	0	0	-	-	-	-	3,230	3,272	3,029	3,485	2,461	0	0	0
Subordinated debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,986	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commercial paper
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,394	3,454	5,658	6,967	8,797	8,955	11,883	13,375	12,595	11,528	12,607	14,627	16,480	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other borrowed funds
906	1,131	1,029	1,015	774	500	550	521	524	427	299	194	111	165	224	241	225	694	648	711	719	505	677	673	755	695	769	865	1,175	1,011	911	-3,626	-1,630	460	-2,415	2,811	1,294	396	3,177	2,363	1,482	234	0	0	0
Common and treasury stock
91	90	81	69	58	69	99	104	105	132	182	190	193	151	72	59	97	139	179	182	186	252	252	292	341	244	206	177	117	158	184	160	128	72	55	69	91	3,486	3,539	3,567	3,586	247	0	0	0
Repayments/maturities
Federal Home Loan Bank borrowings
0	22,000	16,035	18,535	15,036	10,536	9,002	6,003	6,512	7,512	6,512	6,016	5,009	3,559	4,614	4,138	3,166	2,147	2,592	3,115	5,622	8,592	9,593	12,543	12,007	12,960	11,463	11,959	10,474	10,500	9,043	4,552	4,033	1,076	2,091	3,081	3,639	4,373	5,348	7,148	10,280	9,671	0	0	0
Bank notes and senior debt
5,950	5,600	7,600	5,675	6,925	6,175	4,175	3,650	1,800	1,800	2,550	3,757	3,753	3,750	2,995	1,483	2,224	2,624	3,524	3,023	3,991	3,089	2,190	2,195	1,471	1,420	1,416	1,685	3,711	4,037	4,234	3,962	1,857	2,612	2,776	2,773	2,579	2,808	2,474	3,900	4,645	3,887	0	0	0
Subordinated debt
-	-	-	-	-	-	-	-	-	2,758	2,896	2,434	1,606	488	581	525	520	524	-80	-74	-55	-57	-50	4	732	731	733	1,645	1,730	1,769	3,216	2,247	1,484	1,942	497	809	766	257	740	414	421	1,000	0	0	0
Commercial paper
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,219	7,292	7,699	7,289	8,687	9,103	9,579	10,869	10,444	13,161	15,116	16,928	17,060	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other borrowed funds
1,050	1,174	1,082	1,061	681	548	479	494	462	318	339	168	201	555	549	565	514	1,622	1,650	1,645	1,612	467	390	380	586	340	553	-285	302	1,090	995	-1,821	-449	741	-2,210	2,948	2,057	1,039	3,942	2,479	1,219	211	0	0	0
Preferred stock - TARP
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,579	0	0	0	-	-	-	-
Excess tax benefits from share-based payment arrangements - financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23	41	35	23	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of noncontrolling interests
-	-	-	-	-	-	-	-	-	1,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	375	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of treasury stock
4,274	3,578	3,358	2,849	2,863	2,877	2,665	2,714	2,599	2,447	2,430	2,382	2,199	2,062	2,113	2,186	2,240	2,152	2,141	1,905	1,598	1,176	634	292	43	24	79	188	213	216	167	72	65	73	98	140	170	204	236	222	220	188	0	0	0
Preferred stock cash dividends paid
236	236	236	236	236	236	236	236	236	236	222	222	208	209	209	209	215	219	225	232	232	232	234	234	238	237	240	232	206	177	149	91	90	56	56	56	57	146	241	336	430	388	0	0	0
Common stock cash dividends paid
1,962	1,895	1,828	1,756	1,679	1,601	1,521	1,439	1,353	1,266	1,174	1,085	1,072	1,061	1,050	1,038	1,047	1,038	1,031	1,025	1,016	1,000	982	958	936	911	889	868	845	820	791	764	737	604	474	342	211	204	197	190	182	430	0	0	0
Net cash provided (used) by financing activities
39,511	17,080	17,078	12,039	2,836	-3,512	990	5,073	3,260	9,686	3,492	7,871	8,347	4,621	6,839	3,020	7,451	10,440	18,913	22,843	21,297	19,625	20,670	18,186	19,612	12,203	7,002	1,787	1,514	11,567	7,684	15,150	11,461	1,324	3,740	-3,625	-8,666	-11,532	-14,950	-19,953	-21,443	-15,416	0	0	0
Net Increase (Decrease) In Cash And Due From Banks And Restricted Cash
2,431	-547	423	-9	413	359	512	386	-354	370	205	843	1,142	814	696	-216	-290	-295	-329	-480	-572	317	-744	841	775	-1,177	624	-85	-214	1,115	302	271	773	808	258	307	-174	-991	298	-239	-13	-183	0	0	0
Supplemental Disclosures
Interest paid
3,473	3,742	3,869	3,558	3,241	2,835	2,423	2,132	1,897	1,743	1,538	1,446	1,319	1,317	1,221	1,166	1,099	1,005	1,000	948	909	863	820	869	863	891	963	1,015	1,103	1,208	1,295	1,331	1,410	1,517	1,617	1,769	1,801	1,871	2,044	2,256	2,683	3,151	0	0	0
Income taxes paid
436	430	369	487	395	372	343	144	71	72	250	404	647	658	853	1,012	910	919	940	742	1,110	1,102	695	571	222	234	231	231	64	39	42	167	584	842	1,017	1,110	709	752	584	355	365	66	0	0	0
Income taxes refunded
20	17	12	14	459	468	476	474	26	24	25	87	87	111	381	320	318	286	5	4	12	12	0	0	0	-	-	-	-	16	24	23	19	41	76	77	79	54	115	700	700	718	0	0	0
Leased assets obtained in exchange for new operating lease liabilities
219	317	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash Investing and Financing Items
Transfer from loans to loans held for sale, net
1,132	958	815	365	369	403	483	480	485	419	404	472	522	606	629	649	469	285	392	337	661	724	494	496	172	119	275	322	483	665	748	853	1,025	926	936	805	907	890	650	537	118	-172	0	0	0
Transfer from loans to foreclosed assets
163	174	179	183	196	193	196	203	203	215	220	235	257	281	320	366	413	435	479	516	546	604	613	640	663	703	765	911	1,007	1,042	1,078	979	897	822	730	900	997	1,218	1,378	1,245	1,181	1,012	0	0	0