Wells Fargo 2010 Annual Report Download - page 221

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Condensed Consolidating Statement of Cash Flows
Other
consolidating
subsidiaries/
Consolidated
(in millions)
Parent
WFFI
eliminations
Company
Year ended December 31,2008
Cash flows from operating activities:
Net cash provided (used) by operating activities $ 730
2,023
(7,541)
(4,788)
Cash flows from investing activities:
Securities available for sale:
Sales proceeds
2,570
875
57,361
60,806
Prepayments and maturities
-
283
24,034
24,317
Purchases
(3,514)
(1,258)
(100,569)
(105,341)
Loans:
Loans originated by banking subsidiaries, net of principal collected -
(1,684)
(53,131)
(54,815)
Proceeds from sales (including participations) of loans
originated for investment by banking subsidiaries
-
-
1,988
1,988
Purchases (including participations) of loans by banking subsidiaries -
-
(5,513)
(5,513)
Principal collected on nonbank entities' loans
-
14,447
7,399
21,846
Loans originated by nonbank entities
-
(12,362)
(7,611)
(19,973)
Net repayments from (advances to) subsidiaries
(12,415)
-
12,415
-
Capital notes and term loans made to subsidiaries
(2,008)
-
2,008
-
Principal collected on notes/loans made to subsidiaries
8,679
-
(8,679)
-
Net decrease (increase) in investment in subsidiaries
(37,108)
-
37,108
-
Net cash acquired from acquisitions
9,194
-
2,009
11,203
Other, net
(21,823)
(91)
69,235
47,321
Net cash provided (used) by investing activities
(56,425)
210
38,054
(18,161)
Cash flows from financing activities:
Net change in:
Deposits
-
-
7,697
7,697
Short-term borrowings
17,636
5,580
(38,104)
(14,888)
Long-term debt:
Proceeds from issuance
21,931
1,113
12,657
35,701
Repayment
(16,560)
(8,983)
(4,316)
(29,859)
Preferred stock:
Proceeds from issuance
22,674
-
-
22,674
Proceeds from issuance of stock warrants
2,326
-
-
2,326
Common stock:
Proceeds from issuance
14,171
-
-
14,171
Repurchased
(1,623)
-
-
(1,623)
Cash dividends paid
(4,312)
-
-
(4,312)
Excess tax benefits related to stock option payments
121
-
-
121
Change in noncontrolling interests:
Other, net
-
-
(53)
(53)
Net cash provided (used) by financing activities
56,364
(2,290)
(22,119)
31,955
Net change in cash and due from banks 669
(57)
8,394
9,006
Cash and due from banks at beginning of year
14,989
483
(715)
14,757
Cash and due from banks at end of year $ 15,658
426
7,679
23,763
219