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Reserves For Losses (Tables)
 9 Months Ended
Sep. 30, 2018
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)  20182017
Balance, January 1  $1,706$1,223
Provisions(a)  1,5871,272
Net write-offs(b)
Principal(1,140)(856)
Interest and fees  (225)(163)
Other(c)  926
Balance, September 30  $1,937$1,502

  • Provisions for principal, interest and fee reserve components.
  • Principal write-offs are presented less recoveries of $330 million and $307 million for the nine months ended September 30, 2018 and 2017, respectively. Recoveries of interest and fees were not significant. Amounts include net (write-offs) recoveries from TDRs of $(21) million and $(25) million for the nine months ended September 30, 2018 and 2017, respectively.
  • Includes foreign currency translation adjustments of $(4) million and $14 million and other adjustments of $13 million and $12 million for the nine months ended September 30, 2018 and 2017, respectively.

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, 2018 and December 31, 2017:

(Millions)  20182017
Card Member loans evaluated individually for impairment(a)$480$367
Related reserves (a)$80$57
Card Member loans evaluated collectively for impairment(b)$77,123$73,032
Related reserves (b)$1,857$1,649

  • 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)  20182017
Balance, January 1  $521$467
Provisions(a)  701590
Net write-offs(b)  (661)(548)
Other(c)  (17)3
Balance, September 30  $544$512

  • Provisions for principal and fee reserve components.
  • Net write-offs are presented less recoveries of $266 million and $271 million for the nine months ended September 30, 2018 and 2017, respectively. Amounts include net recoveries (write-offs) from TDRs of $1 million and $(2) million, for the nine months ended September 30, 2018 and 2017, respectively.
  • Includes foreign currency translation adjustments of nil and $18 million and other adjustments of $(17) million and $(15) million for the nine months ended September 30, 2018 and 2017, 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, 2018 and December 31, 2017:

(Millions)  20182017
Card Member receivables evaluated individually for impairment(a)$116$80
Related reserves (a)$5$3
Card Member receivables evaluated collectively for impairment$55,400$53,967
Related reserves (b)$539$518

  • 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.