Calculate the firm's ratio of CFO/OE. Use "Total Equity" for the denominator.

Consolidated Statement of Income Year ended December 31, (in millions, except per share amounts) 2019 2018 2017 Interest income Debt securities 14,955 14,406 12,946 Mortgage loans held for sale 813 177 786 Loans held for sale 79 140 50 Loans 4,146 43,974 41,388 Equity securities 962 992 799 Other interest income 5,128 4,358 2,940 Total interest income 66,083 ;4,647 58,909 Interest expense Deposits 8,635 5,622 3,013 Short-term borrowings 2,316 1,717 758 Long-term deb 7,350 6,703 5,157 Other interest expense 551 610 424 Total interest expense 18,852 14,652 9,352 Net interest income 47,231 49,557 Provision for credit losses 2,687 1,744 2,528 Net interest income after provision for credit losses 14,54 48,251 17,029 Noninterest income Service charges on deposit accounts 4,798 4,716 5,111 Trust and investment fee 14,072 14,509 14,49 Card fee 4,016 3,90 3,960 Other fees 3,084 3,384 3,557 Mortgage banking 2,715 3,017 4,350 Insurance 378 429 1,04 Net gains from trading activities 993 602 542 Net gains on debt securities (1) 140 108 479 Net gains from equity securities (2) 2,843 1,515 1,779 Lease income 1,612 1,753 1,907 Other SECURITIZATIONS? 3,181 2,473 ,603 2# 7257 Total noninterest income 37,832 36,413 38,832 Noninterest expense Salaries 18,382 17,834 17,363 Commission and incentive compensation 10,828 10,26 10,442 Employee benefits 5,874 4,926 5,566 Technology and equipment 2,76 2,444 2,237 Net occupancy 2.945 2,888 2,849 Core deposit and other intangibles 108 1.058 1,15 FDIC and other deposit assessments 526 1,110 1,287 Other 16,752 15,602 7,588 Total noninterest expense 58,178 56,126 58,484 Income before income tax expense 24,198 18,538 27,377 Income tax expense 4,157 5,662 4,917 Net income before noncontrolling Interests 20,04 22,876 22,460 Less: Net income from noncontrolling interests 492 483 277 Wells Fargo net income 19,54 22,39 22,18 Less: Preferred stock dividends and other 1,611 1,704 1,629 Wells Fargo net Income applicable to common stock 17,938 20,689 20,554 Per share information Earnings per common share 4.08 4.31 4.14 Diluted earnings per common share 4.05 4.28 4.1 Average common share s outstanding 4,393.1 4,799.7 ,964.6 Diluted average common shares outstanding 4,425.4 4,838.4 5,017.3 (1) Total other- er-than-temporary impairment (OTTI] losses were $64 million, ere $64 million, $17 million and $205 million for the years ended December 31, 2019, 2018 and 2017, respectively. Of total OTTI, losses of $63 million, $28 million and $262 million were recognized in earnings, and losses (reversal of losses) of $1 million, $(11) million and $(57) million were recognized as non-credit-related OTTI in other (2) comprehensive income for the years ended December 31, 2019, 2018 and 2017, respectively. Includes OTTI losses of $245 million, $352 million and $344 million for the years ended December 31, 2019, 2018 and 2017, respectively. The accompanying notes are an integral part of these statements.Consolidated Balance Sheet Dec 31, Dec 31, (in millions, except shares) 2019 2018 Assets Cash and due from banks 21,757 23,551 Interest-earning deposits with banks 119,493 149,736 Total cash, cash equivalents, and restricted cash 141,250 173,287 Federal funds sold and securities purchased under resale agreements 102,140 80,207 Debt securities: Trading, at fair value 79,733 69,989 Available-for-sale, at fair value 263,459 269,912 Held-to-maturity, at cost (fair value $156,860 and $142,115) 153,933 144,788 Mortgage loans held for sale (includes $16,606 and $11,771 carried at fair value) (1) 23,342 15,126 Loans held for sale (includes $972 and $1,469 carried at fair value) (1) 97 2,041 Loans (includes $171 and $244 carried at fair value) (1) 962,265 53,110 Allowance for loan losses (9,551) (9,775 Net loans 952,714 943,335 Mortgage servicing rights Measured at fair value 11,51 14,649 Amortized 1,430 1,443 Premises and equipment, net 9,30 8,920 Goodwill 26,39 26,418 Derivative assets 14,203 10,770 Equity securities (includes $41,936 and $29,556 carried at fair value) (1) 68,241 55,148 Other assets 78,917 79,850 Total assets (2) $ 1,927,555 ,895,883 Liabilities Noninterest-bearing deposits $ 344,496 349,534 Interest-bearing depos 978,130 936,636 Total deposits 1,322,626 ,286,170 Short-term borrowings 104,51 105,787 Derivative liabilities 9,079 3,499 Accrued expenses and other liabilities 75,163 69,317 Long-term deb 228 ,191 229,044 Total liabilities (3) 1,739,571 ,698,817 Equity Wells Fargo stockholders' equity: Preferred stock 21,549 23,214 Common stock - $1-2/3 par value, authorized 9,000,000,000 shares; issued 5,481,811,474 shares 9,136 9,136 Additional paid-in capital 61,049 60,685 Retained earnings 166,697 158,163 Cumulative other comprehensive income (loss) (1,311) (6,336) Treasury stock - 1,347,385,537 shares and 900,557,866 shares (68,831) 47,194) Unearned ESOP shares (1,143 (1,502) Total Wells Fargo stockholders' equity 187,146 196,166 Noncontrolling interest 838 900 Total equity 187,984 197,066 Total liabilities and equity $ 1,927,555 ,895,883 21 Parenthetical amounts represent assets and liabilities that we are required to carry at fair value or have elected the fair value option. Our consolidated assets at December 31, 2019 and 2018, include the following assets of certain variable interest entities (VIEs) that can only be used to settle the liabilities of those VIEs: Cash and due from banks, $16 million and $139 million; Interest-bearing deposits with banks, $284 million and $8 million; Debt securities, $540 million and $562 million; Net loans, $13.2 billion and respectively. Prior peri $13.6 billion; Derivative assets, $1 million and $0 million; Equity securities, $118 million and $85 million; Other assets, $239 million and $227 million; and Total assets, $14.4 billion and $14.6 billion, 3) rmed to current period presentation. Our consolidated liabilities at December 31, 2019 and 2018, include the following VIE liabilities for which the VIE creditors do not have recourse to Wells Fargo: Short-term borrowings, $401 million and $493 million; Derivative liabilities, $3 million and $0 million; Accrued expenses and other liabilities, $235 million and $199 million; Long-term debt, $587 million and $816 million; and Total abilities, $1.2 billion and $1.5 billion, respectively. Prior period balances have been conformed to current period presentation.Consolidated Statement of Cash Flows Year ended December 31, (in millions) 2019 2018 2017 Cash flows from operating activities: Net income before noncontrolling interests Adjustments to reconcile net income to net cash provided by operating activities. 20,04 22,876 22,460 Provision for credit losses Changes in fair value of MSRs, MLHFS and LHFS carried at fair value 2,687 1,744 2,528 3,702 Depreciation, amortization and accretion 453 886 5,593 5,406 Other net gains 7,075 Stock-based compensation 5,500) (7,630) Originations and purchases of mortgage loans held for sale 2,274 (1,518) 2,255 2,046 Proceeds from sales of and paydowns on mortgage loans held for sate 158,673) 112,718 (152,832) 119,097 (181,269) Net change in: 134,984 Debt and equity securities, held for trading Loans held for sale 22,066 35,054 33,505 Deferred income taxes 788 (960) 327 Derivative assets and liabilities (3,246) 2,970 666 1,513 Other assets 2,66 3.034 (5,025) Other accrued expenses and liabilities 7,805 (1,214) 2,429 (865 ) 4,837 Net cash provided by operating activities 5,730 36,073 18,619 Cash flows from investing activities: Net change in: Federal funds sold and securities purchased under resale agreements Available-for-sale debt securities: (21,933) (1,184) (21,497) Proceeds from sales Prepayments and maturities 9,386 46,542 7,320 42,067 Purchases 36,725 45,688 Held-to-maturity securities (57,015) (60,067) 103,656) Paydowns and maturities Purchases 13,684 10,934 10,673 Equity securities, not held for trading: (8,649) Proceeds from sales and capital returns 6,143 6,242 Purchases 5,451 ,433 3,735) Loans: (6,865) Loans originated by banking subsidiaries, net of principal collected Proceeds from sales (including participations) of loans held for investment (23,698) (18,619) 317 Purchases (including participations) of loans 12,038 16,294 10,439 Principal collected on nonbank entities' loans (2,033) (2,088) 13,702 7,448 Loans originated by nonbank entities 3,912 6,791 Proceeds from sales of foreclosed assets and short sales 5,274) (6,482) 6,814) 2,666 3,592 5,198 Other, net (1) 1,465 (779) (1,029) Net cash used by investing activities (29,631) 7,754) 13,152) Cash flows from financing activities: Net change in: Deposits 29,912 Short-term borrowings 36,137 48,034) 2,531 Long-term debt: (1,275) 14,020 Proceeds from issuance Repayment 53,381 47,595 43,575 Preferred stock (60,996) 40,565) (80,802) Proceeds from issuance tedeemed 677 Cash dividends paid (1,550 2,150 Common stock: (1,391) (1,622) (1,629) Proceeds from issuance Stock tendered for payment of withholding taxes 380 632 1,211 Repurchased (302) (331 (393) Cash dividends paid (24,533) 20,633) 9,908) (8,198) 7,692) (7.480) Net change in noncontrolling interests (513) Other, net (462) (276) (248) (133) Net cash used by financing activities (9,136) 70,979) Net change in cash, cash equivalents, and restricted cash (10,920) (32,037 42,660) (5,453) Cash, cash equivalents, and restricted cash at beginning of year 173,287 215,947 221,400 Cash, cash equivalents, and restricted cash at and of year 141,250 173,287 215,947 Supplemental cash flow disclosures: Cash paid for interest Cash paid for income taxes 18,834 14,366 9,103 7,557 1.977 6.592 (1) Prior periods have been revised to conform to the current period presentation. The accompanying notes are an integral part of these statements. See Note 1 (Summary of Significant Accounting Policies) for noncash activities