Guarantees (Tables)

3 Months Ended

Mar. 31, 2017

Guarantees (Tables) [Abstract]

Information related to guarantees

The following table provides information related to such guarantees and indemnifications as of March 31, 2017 and December 31, 2016:

	Maximum potential
	undiscounted future
	payments(a)				Related liability(b)
	(Billions)				(Millions)
Type of Guarantee	2017		2016		2017		2016
Return and Merchant Protection	$	45	$	42	$	37	$	37
Other(c)		6		6		49		49
Total	$	51	$	48	$	86	$	86

• Represents the notional amounts that could be lost under the guarantees and indemnifications if there were a total default by the guaranteed or indemnified parties. The maximum potential undiscounted future payments for Merchant Protection are measured using management’s best estimate of the maximum exposure, which is based on all eligible claims in relation to annual billed businessvolumes.
• Included in Other liabilities on the Consolidated Balance Sheets.
• Primarily includes guarantees related to the Company’s purchase protection, real estate and business dispositions.