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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest income:    
Interest and fees on loans (Note 4) $ 4,172 $ 3,877
Interest on debt securities 72 36
Total interest income 4,244 3,913
Interest expense:    
Interest on deposits 249 194
Interest on third-party debt 79 67
Total interest expense 402 326
Net interest income 3,842 3,587
Retailer share arrangements (720) (684)
Net interest income, after retailer share arrangements 3,122 2,903
Provision for loan losses (Note 4) 1,362 1,306
Net interest income, after retailer share arrangements and provision for loan losses 1,760 1,597
Other income:    
Interchange revenue 158 145
Debt cancellation fees 66 68
Loyalty programs (155) (137)
Other 6 17
Total other income 75 93
Other expense:    
Employee costs 358 323
Professional fees 166 151
Marketing and business development 121 94
Information processing 104 90
Other 239 250
Total other expense 988 908
Earnings before provision for income taxes 847 782
Provision for income taxes (Note 12) 207 283
Net earnings $ 640 $ 499
Earnings per share    
Basic (in usd per share) $ 0.84 $ 0.61
Diluted (in usd per share) 0.83 0.61
Common Stock, Dividends, Per Share, Declared $ 0.15 $ 0.13
Variable Interest Entity, Primary Beneficiary    
Interest income:    
Interest and fees on loans (Note 4) $ 1,200 $ 1,000
Interest expense:    
Interest on borrowings of consolidated securitization entities 74 65
Provision for loan losses (Note 4) $ 316 $ 298