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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Non-interest revenues        
Discount revenue $ 4,815 $ 4,824 $ 9,334 $ 9,467
Net card fees 771 715 1,519 1,414
Other fees and commissions 752 702 1,465 1,382
Other 439 545 848 1,031
Total non-interest revenues 6,777 6,786 13,166 13,294
Interest income        
Interest on loans 1,947 1,818 3,807 3,756
Interest and dividends on investment securities 23 34 46 70
Deposits with banks and other 82 33 142 64
Total interest income 2,052 1,885 3,995 3,890
Interest expense        
Deposits 176 150 325 300
Long-term debt and other 346 286 640 561
Total interest expense 522 436 965 861
Net interest income 1,530 1,449 3,030 3,029
Total revenues net of interest expense 8,307 8,235 16,196 16,323
Provisions for losses        
Charge card 163 153 376 322
Card Member loans 404 285 741 512
Other 17 25 40 63
Total provisions for losses 584 463 1,157 897
Total revenues net of interest expense after provisions for losses 7,723 7,772 15,039 15,426
Expenses        
Marketing and promotion 830 788 1,530 1,515
Card Member Rewards 1,926 1,766 3,733 3,469
Card Member services and other 349 281 670 563
Salaries and employee benefits 1,293 1,451 2,557 2,789
Other, net 1,376 470 2,783 1,890
Total expenses 5,774 4,756 11,273 10,226
Pretax income 1,949 3,016 3,766 5,200
Income tax provision 609 1,001 1,189 1,759
Income from continuing operations 1,340 2,015 2,577 3,441
Net income $ 1,340 $ 2,015 $ 2,577 $ 3,441
Earnings Per Common Share, Basic (Note 15) [Abstract]        
Net income attributable to common shareholders $ 1.47 [1] $ 2.11 [1] $ 2.81 [2] $ 3.55 [2]
Earnings Per Common Share, Diluted (Note 15) [Abstract]        
Net income attributable to common shareholders $ 1.47 [1] $ 2.1 [1] $ 2.8 [2] $ 3.54 [2]
Average common shares outstanding for earnings per common share:        
Basic 890 938 895 949
Diluted 893 941 898 952
Cash dividends declared per common share $ 0.32 $ 0.29 $ 0.64 $ 0.58
[1]

Represents net income less (i) earnings allocated to participating share awards of $ 11 million and $ 17 million for the three months ended June 30 , 2017 and 2016 , respectively, and (ii) dividends on preferred shares of $ 19 million for both the three months ended June 30 , 2017 and 2016 .

[2]

Represents net income less (i) earnings allocated to participating share awards of $ 21 million and $ 28 million for the six months ended June 30 , 2017 and 2016 , respectively, and (ii) dividends on preferred shares of $ 40 million for both the six months ended June 30 , 2017 and 2016 .