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Reserves For Losses (Tables)
 3 Months Ended
Mar. 31, 2019
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 three months ended March 31:

(Millions)  20192018
Balance, January 1  $2,134$1,706
Provisions(a)  525499
Net write-offs(b)
Principal(457)(358)
Interest and fees  (92)(71)
Other(c)  1110
Balance, March 31  $2,121$1,786

  • Provisions for principal, interest and fee reserve components.
  • Principal write-offs are presented less recoveries of $124 million and $106 million for the three months ended March 31, 2019 and 2018, respectively. Recoveries of interest and fees were not significant. Amounts include net (write-offs) recoveries from TDRs of $(15) million and $(7) million for the three months ended March 31, 2019 and 2018, respectively.
  • Includes foreign currency translation adjustments of $6 million and $6 million and other adjustments of $5 million and $4 million for the three months ended March 31, 2019 and 2018, 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 March 31, 2019 and December 31, 2018:

(Millions)  20192018
Card Member loans evaluated individually for impairment(a)$588$532
Related reserves (a)$108$94
Card Member loans evaluated collectively for impairment(b)$80,407$81,322
Related reserves (b)$2,013$2,040

  • 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 three months ended March 31:

(Millions)  20192018
Balance, January 1  $573$521
Provisions(a)  253242
Net write-offs(b)  (216)(199)
Other(c)  (2)1
Balance, March 31  $608$565

  • Provisions for principal and fee reserve components.
  • Net write-offs are presented less recoveries of $91 million and $90 million for the three months ended March 31, 2019 and 2018, respectively. Amounts include net (write-offs) recoveries from TDRs of $(4) million and $2 million, for the three months ended March 31, 2019 and 2018, respectively.
  • Includes foreign currency translation adjustments of $3 million and $10 million and other adjustments of $(5) million and $(9) million for the three months ended March 31, 2019 and 2018, 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 March 31, 2019 and December 31, 2018:

(Millions)  20192018
Card Member receivables evaluated individually for impairment(a)$145$128
Related reserves (a)$7$7
Card Member receivables evaluated collectively for impairment$56,690$55,765
Related reserves (b)$601$566

  • 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.