← BANK OF AMERICA CORP /DE/

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $27.5b $26.3b $27.0b $30.5b
Net Income (Loss) Attributable to Parent $17.9b $18.2b $28.1b $27.4b $17.9b $32.0b $27.5b $26.5b $27.1b $30.5b
Net Income (Loss) Available to Common Stockholders, Basic $16.2b $16.6b $26.7b $26.0b $16.5b $30.6b $26.0b $24.9b $25.5b $29.1b
Amortization of Intangible Assets $730.0m $621.0m $538.0m $112.0m $95.0m $76.0m $78.0m $78.0m $78.0m $78.0m
Amortization of stock-based compensation $1.2b $1.6b $1.7b $2.0b $2.0b $2.8b $2.9b $2.9b $3.4b $4.0b
Depreciation Amortization Depletion — — — — — — $2.0b $2.1b $2.2b $2.3b
Depreciation, Depletion and Amortization — $2.1b $2.1b $1.7b $1.8b $1.9b $2.0b $2.1b $2.2b $2.3b
Deferred Income Tax — — — — — — $739.0m ($1.0b) ($1.1b) $295.0m
Deferred Income Tax Expense (Benefit) $5.8b $8.2b $3.0b $2.4b ($1.7b) ($838.0m) $739.0m ($2.0b) ($1.7b) $295.0m
Deferred Tax — — — — — — $739.0m ($1.0b) ($1.1b) $295.0m
Deferred income taxes $5.8b $8.2b $3.0b $2.4b ($1.7b) ($838.0m) $739.0m ($2.0b) ($1.7b) $295.0m
Equity Method Investment, Other than Temporary Impairment — — — $2.1b $0 $0 — — — —
Goodwill, Impairment Loss $0 $0 — — $0 $0 — — — —
Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss $490.0m $255.0m — — — — — — — —
Share-based Payment Arrangement, Expense $2.1b $2.2b $1.8b $2.1b $2.1b $3.0b $2.9b $3.1b $3.6b $4.2b
Share-based Payment Arrangement, Noncash Expense $1.2b $1.6b $1.7b $2.0b $2.0b $2.8b $2.9b $2.9b $3.4b $4.0b
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal — — — — — — $2.5b $4.7b $5.9b $5.6b
Gain (Loss) on Extinguishment of Debt — — ($729.0m) — — — — — — —
Income Tax Expense (Benefit) $7.2b $11.0b $6.4b $5.3b $1.1b $2.0b $3.4b $1.8b $2.1b $7.2b
Operating Lease, Lease Income — — — $891.0m $931.0m $930.0m $941.0m $945.0m $931.0m $942.0m
Changes in operating assets and liabilities:
Additional Financial Items
Accrued expenses and other liabilities ($35.0m) $4.7b $13.0b $16.4b ($4.4b) $16.6b $23.0b ($17.7b) $1.4b $17.3b
Beginning Cash Position — — — — — — $348.2b $230.2b $333.1b $290.1b
Cash Flow From Continuing Financing Activities — — — — — — ($106.0b) $93.3b $60.4b $69.9b
Cash Flow From Continuing Investing Activities — — — — — — ($2.5b) ($35.4b) ($90.7b) ($145.2b)
Change In Accrued Expense — — — — — — $23.0b ($18.1b) $1.0b $17.3b
Change In Other Current Assets — — — — — — $20.8b ($24.3b) ($4.5b) ($19.6b)
Change In Other Working Capital — — — — — — ($95.8b) $44.4b ($45.5b) ($35.0b)
Change In Payables And Accrued Expense — — — — — — $23.0b ($18.1b) $1.0b $17.3b
Change In Working Capital — — — — — — ($51.9b) $2.6b ($53.3b) ($33.1b)
Changes In Cash — — — — — — ($114.9b) $102.9b ($39.1b) ($62.6b)
Debt Securities, Available-for-sale, Realized Gain (Loss) — — — — — $22.0m $32.0m ($405.0m) ($29.0m) ($20.0m)
Deposits $63.7b $48.6b $71.9b $53.3b $360.7b $269.0b ($134.2b) ($6.5b) $41.6b $53.3b
End Cash Position — — — — — — $230.2b $333.1b $290.1b $231.8b
Equipment Expense $1.8b $1.7b $1.7b — — — — — — —
Fair Value, Option, Changes in Fair Value, Gain (Loss) $774.0m $3.2b $3.3b $5.1b $995.0m $473.0m $3.4b $4.8b $4.2b $547.0m
Federal funds purchased and securities loaned or sold under agreements to repurchase ($4.0b) $7.0b $10.1b ($21.9b) $5.2b $22.0b $3.3b $88.3b $47.9b $16.9b
Federal funds sold and securities borrowed or purchased under agreements to resell ($5.7b) ($14.5b) ($48.4b) ($13.5b) ($29.5b) $53.3b ($16.9b) ($13.1b) $8.4b ($45.9b)
Financing Cash Flow — — — — — — ($106.0b) $93.3b $60.4b $69.9b
Financing Receivable, Credit Loss, Expense (Reversal) — — — — $10.6b ($4.2b) — — — —
Free Cash Flow — — — — — — ($6.3b) $45.0b ($8.8b) $12.6b
Gain Loss On Investment Securities — — — — — — ($32.0m) $405.0m $29.0m $20.0m
Goodwill $69.0b $69.0b $69.0b $69.0b $69.0b $69.0b $69.0b $69.0b $69.0b $69.0b
Increase (Decrease) in Other Operating Assets $13.8b $19.9b ($11.9b) $11.1b $12.9b $34.5b ($20.8b) $23.9b $4.5b $19.6b
Investing Cash Flow — — — — — — ($2.5b) ($35.4b) ($90.7b) ($145.2b)
Issuance Of Capital Stock — — — — — — $4.4b $0 $0 $5.5b
Loans held-for-sale — — — — — — — $641.0m ($4.3b) $4.2b
Losses on sales of debt securities — — — — ($411.0m) ($22.0m) ($32.0m) $405.0m $29.0m $20.0m
Net Preferred Stock Issuance — — — — — — $3.8b $0 ($5.3b) $2.8b
Net accretion of discount/premium on debt securities $3.1b $2.3b $1.8b $2.1b $4.1b $5.8b $2.1b ($397.0m) ($330.0m) ($859.0m)
Operating Gains Losses — — — — — — ($32.0m) $405.0m $29.0m $20.0m
Other Non Cash Items — — — — — — $7.9b $7.7b $7.5b $3.7b
Other assets ($13.8b) ($19.9b) $11.9b ($11.1b) ($12.9b) ($34.5b) $20.8b ($23.9b) ($4.5b) ($19.6b)
Other changes in loans and leases, net ($31.2b) ($41.1b) ($31.3b) ($46.8b) $36.6b ($58.0b) ($86.0b) ($17.5b) ($52.6b) ($90.5b)
Other operating activities, net $1.3b $7.4b ($2.6b) $6.2b $3.9b $4.7b $1.2b $7.7b $7.5b $3.7b
Preferred Stock Issuance — — — — — — $4.4b $0 $0 $5.5b
Preferred Stock Payments — — — — — — ($654.0m) $0 ($5.3b) ($2.7b)
Proceeds from issuance $35.5b $53.5b $4.5b $3.6b $2.2b $2.2b $4.4b $0 $0 $5.5b
Proceeds from paydowns and maturities $18.7b $16.7b $18.8b $34.8b $93.8b $124.9b $63.9b $37.0b $34.6b $34.8b
Proceeds from sales $79.4b $73.4b $5.1b $52.0b $77.5b $6.9b $69.1b $101.2b $69.9b $129.8b
Provision for Loan, Lease, and Other Losses $3.6b $3.4b $3.3b $3.6b — — — — — —
Provision for credit losses $3.6b $3.4b $3.3b $3.6b $11.3b ($4.6b) $2.5b $4.4b $5.8b $5.7b
Purchases ($12.3b) ($6.8b) ($4.6b) ($6.0b) ($5.2b) ($5.2b) ($5.8b) ($5.4b) ($5.5b) ($14.3b)
Redemption $0 $0 ($4.5b) ($2.6b) ($1.1b) ($2.0b) ($654.0m) $0 ($5.3b) ($2.7b)
Repurchase Of Capital Stock — — — — — — ($5.7b) ($4.6b) ($18.4b) ($24.1b)
Retirement ($51.8b) ($49.6b) ($53.0b) ($50.8b) ($47.9b) ($46.8b) ($34.1b) ($44.6b) ($70.4b) ($76.0b)
Short-term borrowings ($4.0b) $8.5b ($12.5b) $4.0b ($4.9b) $4.4b $3.2b $5.2b $12.6b $4.7b
Stock Based Compensation — — — — — — $2.9b $2.9b $3.4b $4.0b
Time deposits placed and other short-term investments ($2.1b) ($1.3b) $3.7b $387.0m $561.0m ($598.0m) ($115.0m) ($1.1b) $2.0b ($1.1b)
Trading and derivative assets/liabilities ($866.0m) ($13.9b) ($23.7b) $7.9b $16.9b ($22.1b) ($95.8b) $44.4b ($45.5b) ($35.0b)
Net Cash Provided by (Used in) Operating Activities $18.3b $10.4b $39.5b $61.8b $38.0b ($7.2b) ($6.3b) $45.0b ($8.8b) $12.6b
Cash flows from investing activities:
Net Investment Purchase And Sale — — — — — — $84.1b ($4.2b) ($48.5b) $1.4b
Purchase Of Investment — — — — — — ($159.1b) ($291.1b) ($390.9b) ($263.5b)
Proceeds from sales of loans originally classified as held for investment and instruments from related securitization activities $18.2b $11.8b $21.4b $12.2b $13.4b $10.4b $26.8b $11.1b $9.6b $9.6b
Sale Of Investment — — — — — — $243.2b $286.8b $342.5b $264.9b
Net Other Investing Changes — — — — — — ($4.6b) ($5.3b) ($4.1b) ($4.3b)
Other investing activities, net ($192.0m) $8.2b ($2.0b) ($3.0b) ($3.5b) ($3.5b) ($4.6b) ($5.3b) ($4.1b) ($4.3b)
Payments for (Proceeds from) Other Investing Activities $192.0m ($8.2b) $2.0b $3.0b $3.5b $3.5b $4.6b $5.3b $4.1b $4.3b
Net Cash Provided by (Used in) Investing Activities ($63.1b) ($52.0b) ($71.5b) ($80.6b) ($177.7b) ($313.3b) ($2.5b) ($35.4b) ($90.7b) ($145.2b)
Cash flows from financing activities:
Issuance Of Debt — — — — — — $65.9b $65.4b $56.7b $99.9b
Long Term Debt Issuance — — — — — — $65.9b $65.4b $56.7b $99.9b
Net Issuance Payments Of Debt — — — — — — $35.0b $26.0b ($1.2b) $28.5b
Net Long Term Debt Issuance — — — — — — $31.9b $20.8b ($13.7b) $23.8b
Net Short Term Debt Issuance — — — — — — $3.2b $5.2b $12.6b $4.7b
Proceeds from Issuance of Long-term Debt $35.5b $53.5b $64.3b $52.4b $57.0b $76.7b $65.9b $65.4b $56.7b $99.9b
Long Term Debt Payments — — — — — — ($34.1b) ($44.6b) ($70.4b) ($76.0b)
Repayment Of Debt — — — — — — ($34.1b) ($44.6b) ($70.4b) ($76.0b)
Repayments of Long-term Debt $51.8b $49.6b $53.0b $50.8b $47.9b $46.8b $34.1b $44.6b $70.4b $76.0b
Net Common Stock Issuance — — — — — — ($5.1b) ($4.6b) ($13.1b) ($21.4b)
Common Stock Payments — — — — — — ($5.1b) ($4.6b) ($13.1b) ($21.4b)
Common stock repurchased ($5.1b) ($12.8b) ($20.1b) ($28.1b) ($7.0b) ($25.1b) ($5.1b) ($4.6b) ($13.1b) ($21.4b)
Payments for Repurchase of Common Stock $5.1b $12.8b $20.1b $28.1b $7.0b $25.1b $5.1b $4.6b $13.1b $21.4b
Cash Dividends Paid — — — — — — ($8.6b) ($9.1b) ($9.5b) ($9.6b)
Cash dividends paid ($4k) ($6k) ($7k) ($6k) ($8k) ($8k) ($9k) ($9k) ($10k) ($10k)
Other Interest and Dividend Income $3.1b $4.0b $6.2b — — — — — — —
Net Other Financing Charges — — — — — — ($312.0m) ($717.0m) ($127.0m) ($613.0m)
Other financing activities, net ($22.0m) ($397.0m) ($651.0m) ($698.0m) ($601.0m) ($620.0m) ($312.0m) ($717.0m) ($127.0m) ($613.0m)
Proceeds from (Payments for) Other Financing Activities ($22.0m) ($397.0m) ($651.0m) ($698.0m) ($601.0m) ($620.0m) ($312.0m) ($717.0m) ($127.0m) ($613.0m)
Net Cash Provided by (Used in) Financing Activities $33.0b $49.2b $53.1b $3.4b $355.8b $291.6b ($106.0b) $93.3b $60.4b $69.9b
Effect Of Exchange Rate Changes — — — — — — ($3.1b) ($70.0m) ($3.8b) $4.3b
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $240.0m $2.1b ($1.2b) ($368.0m) $2.8b ($3.4b) ($3.1b) ($70.0m) ($3.8b) $4.3b
Effect of exchange rate changes on cash and cash equivalents $240.0m $2.1b ($1.2b) ($368.0m) $2.8b ($3.4b) ($3.1b) ($70.0m) ($3.8b) $4.3b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $240.0m $2.1b ($1.2b) ($15.8b) $218.9b ($32.2b) ($118.0b) $102.9b ($43.0b) ($58.3b)
Net increase (decrease) in cash and cash equivalents ($11.6b) $9.7b $20.0b ($15.8b) $218.9b ($32.2b) ($118.0b) $102.9b ($43.0b) ($58.3b)
Cash and cash equivalents at January 1 $159.4b $147.7b $157.4b $161.6b $380.5b $348.2b $230.2b $333.1b $290.1b $231.8b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $161.6b $380.5b $348.2b $230.2b $333.1b $290.1b $231.8b
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($118.0b) $102.9b ($43.0b) ($58.3b)
Interest Paid, Excluding Capitalized Interest, Operating Activities $10.5b $12.9b $19.1b $22.2b $8.7b $4.5b $18.5b $69.6b $89.7b $79.1b
Income Taxes Paid, Net — — $2.5b $4.4b $2.9b $2.8b $2.3b $3.4b $3.8b $3.9b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.