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Reserves For Losses (Tables)
 9 Months Ended
Sep. 30, 2017
Reserves For Losses Tables [Abstract]  
Changes in the Card Member loans reserve for losses

The following table presents changes in the Card Member loans reserve for losses for the nine months ended September 30:

(Millions)  20172016
Balance, January 1  $1,223$1,028
Provisions(a)  1,272831
Net write-offs(b)
Principal(856)(687)
Interest and fees  (163)(128)
Other(c)  2670
Balance, September 30  $1,502$1,114

  • Provisions for principal, interest and fee reserve components.
  • Principal write-offs are presented less recoveries of $307 million and $280 million, and include net write-offs from TDRs of $25 million and $24 million, for the nine months ended September 30, 2017 and 2016, respectively. Recoveries of interest and fees were de minimis.
  • Includes foreign currency translation adjustments of $14 million and $(3) million and other adjustments of $12 million and $6 million for the nine months ended September 30, 2017 and 2016, respectively. The nine months ended September 30, 2016 also includes reserves of $67 million associated with $265 million of retained Card Member loans reclassified from HFS to held for investment as a result of retaining certain loans in connection with the respective sales of JetBlue and Costco cobrand card portfolios.
Card Member loans and related reserves evaluated separately and collectively for impairment

The following table presents Card Member loans evaluated individually and collectively for impairment and related reserves as of September 30, 2017 and December 31, 2016:

(Millions)  20172016
Card Member loans evaluated individually for impairment(a)$347$346
Related reserves (a)$57$60
Card Member loans evaluated collectively for impairment(b)$67,531$64,919
Related reserves (b)$1,445$1,163

  • Represents loans modified as a TDR and related reserves.
  • Represents current loans and loans less than 90 days past due, loans over 90 days past due and accruing interest, and non-accrual loans. The reserves include the quantitative results of analytical models that are specific to individual pools of loans, and reserves for internal and external qualitative risk factors that apply to loans that are collectively evaluated for impairment.
Changes in the Card Member receivable reserve for losses

The following table presents changes in the Card Member receivables reserve for losses for the nine months ended September 30:

(Millions)  20172016
Balance, January 1  $467$462
Provisions(a)  590496
Net write-offs(b)  (548)(518)
Other(c)  3(3)
Balance, September 30  $512$437

  • Provisions for principal and fee reserve components.
  • Principal and fee write-offs are presented less recoveries of $271 million and $301 million, including net write-offs from TDRs of $2 million and $16 million, for the nine months ended September 30, 2017 and 2016, respectively.
  • Includes foreign currency translation adjustments of $18 million and nil and other adjustments of $(15) million and $(3) million for the nine months ended September 30, 2017 and 2016, respectively.
Card Member receivables and related reserves evaluated separately and collectively for impairment

The following table presents Card Member receivables evaluated individually and collectively for impairment, and related reserves, as of September 30, 2017 and December 31, 2016:

(Millions)  20172016
Card Member receivables evaluated individually for impairment(a)$68$55
Related reserves (a)$12$28
Card Member receivables evaluated collectively for impairment$51,446$47,253
Related reserves (b)$500$439

  • Represents receivables modified as a TDR and related reserves.
  • The reserves include the quantitative results of analytical models that are specific to individual pools of receivables, and reserves for internal and external qualitative risk factors that apply to receivables that are collectively evaluated for impairment.