SVB FINANCIAL GROUP SIVB Cash Flow

Svb financial group (SIVB)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Loss from cash settlement of conversion premium of zero-coupon convertible subordinated notes
-	-	-	-	-	-	-	-	-	-	-	3
Cash flows from operating activities:
Net income before noncontrolling interests
1,184	1,011	519	390	374	478	544	249	282	136	10	55
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for (Reduction of) unfunded credit commitments
-	-	-	-	-	6	7	0	4	4	-1	-1
Provision for credit losses
106	87	92	106	95	59	63	44	6	44	90	100
Gains on investment securities, net
134	88	45	21	89	267	419	122	195	93	-31	-14
Distributions of earnings from non-marketable and other equity securities
-95	-72	-45	-15	-	-	-	-	-	-	-	-
Depreciation and amortization
82	57	56	46	40	39	36	28	27	23	24	22
Impairment loss on SVBIF Sale Transaction
-	-	-	-	-	-	0	0	-	-	-	-
Impairment (gain) loss on SVBIF Sale Transaction
-	-	-	-	-	-13	0	4	0	0	-	-
Amortization of premiums and discounts on investment securities, net
-15	0	-2	-6	-18	-25	-29	-55	-27	-24	-10	-5
Tax benefit of original issue discount
-	-	-	-	-	-	-	-	-	-	10	-5
Tax (expense) benefit from stock exercises
-	-	-	-	-	-	-	-2	-0	0	1	-
Share-based Payment Arrangement, Noncash Expense
66	45	36	35	32	29	25	21	18	13	14	13
Amortization of deferred loan fees
155	128	111	98	89	82	73	58	61	50	52	47
Deferred income tax benefit
-3	-21	25	-4	-9	-43	15	1	7	-1	2	3
Excess tax benefit from exercise of stock options and vesting of restricted shares
9	17	18	0	0	-	-	-	-	-	-	-1
Losses from the write-off of premises and equipment
5	7	0	0	-	-	-	-	-0	0	-	-
Other losses (gains)
-8	0	3	12	1	-	-	-	-	-	-	-
Impairment of goodwill
-	-	-	-	-	-	-	-	-	-	4	-
Net gain from note repurchases and termination of corresponding interest rate swaps
-	-	-	-	-	-	-	-	3	0	-	-
Losses on sale of and valuation adjustments to other real estate owned property
-	-	-	-	-	-	-	-	-	-	-	-0
Changes in other assets and liabilities:
Accrued interest receivable and payable, net
24	55	31	3	8	26	3	6	12	-1	9	4
Accounts receivable and payable, net
17	23	-3	4	24	0	0	-35	39	4	-1	3
Income tax receivable and payable, net
11	5	-46	-3	9	4	24	-9	0	-16	14	0
Prepaid FDIC assessments and amortization
-	-	-	-	-	-	-	-	-	-10	28	-
Accrued compensation
-15	56	31	-15	30	3	22	-15	35	41	1	-31
Foreign exchange spot contracts, net
-59	-24	20	-3	31	-25	-2	50	-62	2	6	-1
Other, net
74	54	-15	-41	-64	-19	23	-15	-31	-3	3	4
Net cash provided by operating activities
1,164	933	646	471	339	255	171	196	166	163	86	127
Cash flows from investing activities:
Purchases of available-for-sale securities
9,872	668	2,420	429	4,586	8,462	3,336	3,877	7,127	6,757	3,325	342
Proceeds from sales of available-for-sale securities
2,189	474	580	2,892	8	30	14	329	1,415	655	3	4
Proceeds from maturities and paydowns of available-for-sale securities
1,643	3,436	3,339	1,364	1,704	1,569	2,428	2,734	3,215	2,151	712	279
Purchases of held-to-maturity securities
492	4,726	5,967	1,306	2,888	2,612	0	0	-	-	-	-
Proceeds from maturities and paydowns of held-to-maturity securities
2,124	1,891	1,708	1,656	1,495	598	0	0	-	-	-	-
Purchases of non-marketable and other equity securities
136	81	44	48	39	335	24	126	59	53	57	57
Proceeds from sales and distributions of capital of non-marketable and other securities
113	95	51	62	138	495	132	124	80	44	18	23
Proceeds from sales of nonmarketable securities (cost and equity method accounting)
-	-	-	-	-	-	58	51	36	20	5	8
Proceeds from nonmarketable securities (cost and equity method accounting)
-	-	-	-	-	-	-	-	-	-	-	2
Purchases of non-marketable and other securities (fair value accounting)
-	-	-	-	-	-	149	135	164	119	67	109
Net increase in loans
4,773	5,175	3,170	3,157	2,328	3,480	1,943	1,964	1,429	983	-849	1,366
Proceeds from recoveries of charged-off loans
-	-	-	-	-	6	11	9	25	16	18	-7
Purchases of premises and equipment
65	45	50	53	53	42	30	34	30	27	15	8
Proceeds from sale of equity valuation services business
0	0	3	0	39	-	-	-	-	-	-	-
Acquisition of SVB Leerink, net of cash acquired
102	0	0	-	-	-	-	-	-	-	-	-
Effect of deconsolidation due to adoption of ASU 2015-02
-	-	-	-	15	0	0	-	-	-	-	-
Net proceeds from SVBIF sale transaction
-	-	-	-	-	0	0	2	0	0	-	-
Proceeds from sale of other real estate owned
-	-	-	-	-	-	-	-	-	0	0	0
Payment for acquisition of intangibles, net of cash acquired
-	-	-	-	-	-	-	-	-	0	-	-
Payment for acquisition of remaining interest in eProsper
-	-	-	-	-	-	-	-	-	1	-	-
Net (cash used) provided by for investing activities
-9,371	-4,800	-5,970	981	-6,495	-12,233	-2,838	-2,886	-4,038	-5,052	-1,857	-1,557
Cash flows from financing activities:
Net increase in deposits
12,428	5,074	5,274	-162	4,719	11,870	3,296	2,466	2,372	4,005	2,858	2,862
Net increase (decrease) in short-term borrowings
-613	-402	521	-262	767	2	-161	166	-37	-1	-23	-27
Repayments of Other Long-term Debt
358	0	97	0	0	-	-	1	4	1	102	51
(Distributions to noncontrolling interests), net of contributions from noncontrolling interests
-50	-28	-23	-8	-23	-89	-8	59	96	85	62	99
Net proceeds from the issuance of preferred stock
340	0	0	-	-	-	-	-	-	-	-	-
Proceeds from issuance of 3.50% Senior Notes
-	-	-	-	346	0	0	-	-	344	-	-
Dividends paid on preferred stock
-	-	-	-	-	-	-	-	-	-	12	-
Net proceeds from public equity offering
-	-	-	-	-	434	0	0	-	-	5	32
Principal payments of 5.70% Senior Notes
-	-	-	-	-	-	-	141	0	0	-	-
Payments for repurchases of portions of 5.70% Senior Notes and 6.05% Subordinated Notes, including repurchase premiums and associated fees
-	-	-	-	-	-	-	-	346	0	-	-
Proceeds from termination of portions of interest rate swaps associated with 5.70% Senior Notes and 6.05% Subordinated Notes
-	-	-	-	-	-	-	-	36	0	-	-
Payments for settlement of 3.875% Convertible Notes
-	-	-	-	-	-	-	-	250	0	-	149
Common stock repurchases
352	147	0	0	-	-	-	-	-	-	-	45
Proceeds from issuance of common stock, ESPP and ESOP, net of restricted stock awards
24	18	27	26	22	22	46	29	36	24	-	-
Proceeds from the issuance of 3.875% convertible notes, note hedge and warrant, net of issuance costs
-	-	-	-	-	-	-	-	-	-	-	222
Tax effect from stock exercises
-	-	-	-3	16	9	6	5	6	4	0	6
Proceeds from the issuance of preferred stock and common stock warrant under the CPP
-	-	-	-	-	-	-	-	-	-	-	235
Proceeds from the issuance of common stock under our public equity offering, net of issuance costs
-	-	-	-	-	-	-	-	-	-	292	-
Redemption of preferred stock under the CPP
-	-	-	-	-	-	-	-	-	-	235	-
Repurchase of warrant under CPP
-	-	-	-	-	-	-	-	-	6	-	-
Net cash provided by financing activities
11,417	4,515	5,700	-410	5,848	12,250	3,197	2,584	1,911	4,453	2,846	3,184
Net increase in cash and cash equivalents
3,210	648	377	1,042	-307	272	529	-105	-1,961	-436	1,076	1,753
Supplemental disclosures:
Cash paid during the period for:
Interest
217	75	45	42	35	35	31	31	41	35	50	67
Income taxes
422	376	277	240	220	208	142	95	103	41	39	37
Noncash items during the period:
Preferred stock dividends accrued, not yet paid
-	-	-	-	-	-	-	-	-	-	-	0
Changes in unrealized gains and losses on available-for-sale securities, net of tax
139	-15	-24	15	-22	66	-154	23	65	17	10	2
Distributions of stock from investments
8	5	6	1	64	20	1	-	-	-	-	-
Transfers from available-for-sale securities to held-to-maturity
-	-	-	-	-	5,418	0	-	-	-	-	-
Net change in fair value of interest rate swaps
-	-	-	-	-	-	-	-	-	-	-47	73
Equity warrant assets
Changes in fair values of derivatives, net
-2	24	11	-	-	22	31	10	26	3	-3	11
Unrealized Gain (Loss) on Derivatives
-	-	-	9	-	-	-	-	-	-	-	-
Derivative
Changes in fair values of derivatives, net
18	11	-14	9	-	-	-	-	-	-	-	-