Wells Fargo 2015 Annual Report Download - page 263

Table 25.4: Parent-Only Statement of Cash Flows
Year ended December 31,
(in millions) 2015 2014 2013
Cash flows from operating activities:
Net cash provided by operating activities $ 12,337 18,019 8,607
Cash flows from investing activities:
Available-for-sale securities:
Sales proceeds 5,345 1,196 3,606
Prepayments and maturities:
Subsidiary banks 7,750 25 —
Nonaffiliates — — 12
Purchases:
Subsidiary banks (12,750) (10,025) —
Nonaffiliates (2,709) (14) (6,016)
Loans:
Net repayments from (advances to) subsidiaries 460 (2,199) 655
Capital notes and term loans made to subsidiaries (29,860) (11,275) (6,700)
Principal collected on notes/loans made to subsidiaries 301 2,526 1,472
Net increase in investment in subsidiaries (1,283) (1,096) (1,188)
Other, net 714 470 461
Net cash used by investing activities (32,032) (20,392) (7,698)
Cash flows from financing activities:
Net increase in short-term borrowings and indebtedness to subsidiaries 2,084 2,314 6,732
Long-term debt:
Proceeds from issuance 31,487 22,627 18,714
Repayment (9,194) (8,659) (13,096)
Preferred stock:
Proceeds from issuance 2,972 2,775 3,145
Cash dividends paid (1,426) (1,235) (1,017)
Common stock:
Proceeds from issuance 1,726 1,840 2,224
Repurchased (8,697) (9,414) (5,356)
Cash dividends paid (7,400) (6,908) (5,953)
Excess tax benefits related to stock option payments 453 453 271
Other, net 10 37 114
Net cash provided by financing activities 12,015 3,830 5,778
Net change in cash and due from banks (7,680) 1,457 6,687
Cash and due from banks at beginning of year 43,846 42,389 35,702
Cash and due from banks at end of year $ 36,166 43,846 42,389
Wells Fargo & Company
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