XML 21 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash Flows from Operating Activities    
Net income $ 3,257 $ 2,595
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:    
Provisions for losses 1,581 1,156
Depreciation and amortization 685 615
Deferred taxes and other (166) 14
Stock-based compensation 154 152
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:    
Other receivables (164) 818
Other assets 257 186
Accounts payable and other liabilities (182) (909)
Travelers Cheques and other prepaid products (326) (344)
Net cash provided by operating activities 5,096 4,284
Cash Flows from Investing Activities    
Sale of investment securities 0 1
Maturities and redemptions of investment securities 1,203 1,502
Purchase of investments (3,029) (1,768)
Net (increase) decrease in Card Member receivables and loans [1],[2] (5,538) (3,169)
Purchase of premises and equipment, net of sales (536) (538)
Acquisitions/Dispositions, net of cash acquired (481) (174)
Net cash (used in) provided by investing activities (8,381) (4,146)
Cash Flows from Financing Activities    
Net increase (decrease) in customer deposits 2,957 4,666
Net decrease in short-term borrowings (1,307) (2,124)
Proceeds from long-term borrowings 10,561 17,124
Payments of long-term borrowings (10,242) (12,349)
Issuance of American Express preferred shares 0 0
Issuance of American Express common shares 49 44
Repurchase of American Express common shares (138) (1,767)
Dividends paid (645) (620)
Net cash provided by (used in) financing activities 1,235 4,974
Effect of foreign currency exchange rates on cash and cash equivalents 49 156
Net (decrease) increase in cash, cash equivalents and restricted cash (2,001) 5,268
Cash, cash equivalents and restricted cash at beginning of period 33,264 25,494
Cash, cash equivalents and restricted cash at end of period $ 31,263 $ 30,762
[1]

Re fer to Note 2 for additional information.

[2]
(a) Refer to Note 2 for additional information.