FIRST CITIZENS BANCSHARES INC (FCNCA) [Rocket]

In millions, except per share items	Jun-30-23	Mar-31-23	Dec-31-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21
	10-Q	10-Q	8-K	10-Q	10-Q	10-K	10-Q	10-Q
Net income				740.2	650.2	529.2	544.2	562.8
Depreciation and amortization [+]				340.7	224.7	144.7	131.7	133.7
Depreciation				26.2	26.2	26.2	26.2	27.4
Amortization of intangible assets				5.2	5.2	5.2	5.2	6.1
Stock-based compensation				14.0	12.0
Deferred taxes				-7.4	-78.4	-8.4	-33.4	-30.8
Change in working capital [+]				814.8	692.8	745.8	90.8	-76.9
Income taxes						805.1	69.8
Other				9.7	-112.3	-59.3	21.0	-64.8
Other operating activities				-357.2	-1,301.2	-1,662.2	-1,002.2	-878.6
Cash from operations				1,545.1	200.1	-250.9	-269.0	-289.8

Capital expenditures [+]				-433.7	-322.7	-106.7	-106.7	-121.3
Purchases of property and equipment				-433.7	-322.7	-106.7	-106.7	-121.3
Sales of property and equipment				11.8		0.8	2.0
Acquisitions				0.0	134.0
Purchases of short-term investments, net				-2,856.5	-2,729.5	-2,556.5	-101.5	-515.2
Purchases of short-term investments				-4,704.7	-5,448.7	-6,376.7	-4,680.4	-5,964.3
Sales of short-term investments				1,848.2	2,719.2	3,820.2	4,579.0	5,449.1
Other cash from investing				2,755.0	1,502.0	-4,939.0	-7,253.0	-5,830.1
Cash from investing				-523.3	-1,416.3	-7,601.3	-7,459.1	-6,464.6

Cash dividends paid				-56.9	-46.9	-41.9	-40.4	-39.8
Other cash from financing				-777.2	1,375.8	7,869.8	7,753.2	6,850.8
Cash from financing				-834.1	1,328.9	7,827.9	7,712.5	6,759.9

Free cash flow				1,111.3	-122.7	-357.7	-375.7	-411.1
Per share (diluted)				$86.41	($10.85)	($36.44)	($38.04)	($41.60)

Cash paid for interest				239.3	188.3	62.3	68.9	75.9