Reportable Operating Segment

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Reportable Operating Segments

16. Reportable Operating Segments

The Company is a global services company that is principally engaged in businesses comprising four reportable operating segments: USCS, ICNS, GCS and GMS. Corporate functions and certain other businesses and operations are included in Corporate & Other.

The following table presents certain selected financial information for the Company’s reportable operating segments and Corporate & Other as of or for the three months ended March 31, 2017 and 2016:

									Corporate &
(Millions, except where indicated)	USCS		ICNS		GCS		GMS		Other(a)		Consolidated
2017
Non-interest revenues	$	1,857	$	1,195	$	2,271	$	1,017	$	49	$	6,389
Interest income		1,308		235		319		―		81		1,943
Interest expense		146		53		109		(58)		193		443
Total revenues net of interest expense		3,019		1,377		2,481		1,075		(63)		7,889
Net income (loss)	$	469	$	218	$	418	$	363	$	(231)	$	1,237
Total assets (billions)	$	81	$	36	$	48	$	25	$	(29)	$	161
Total equity (billions)	$	7	$	3	$	7	$	3	$	1	$	21
2016
Non-interest revenues	$	2,029		1,140		2,190		1,041		108		6,508
Interest income		1,391		227		321		―		66		2,005
Interest expense		140		54		95		(59)		195		425
Total revenues net of interest expense		3,280		1,313		2,416		1,100		(21)		8,088
Net income (loss)	$	694	$	188	$	485	$	357	$	(298)	$	1,426
Total assets (billions)	$	86	$	34	$	47	$	24	$	(32)	$	159
Total equity (billions)	$	7	$	3	$	7	$	2	$	2	$	21

Corporate & Other includes adjustments and eliminations for intersegment activity.