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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Non-interest revenues      
Other $ 1,430 $ 1,360 $ 1,457
Total non-interest revenues 34,936 32,675 30,427
Interest income      
Interest on loans 11,308 9,941 8,148
Interest and dividends on investment securities 188 118 89
Deposits with banks and other 588 547 326
Total interest income 12,084 10,606 8,563
Interest expense      
Deposits 1,559 1,287 779
Long-term debt and other 1,905 1,656 1,333
Total interest expense 3,464 2,943 2,112
Net interest income 8,620 7,663 6,451
Total revenues net of interest expense 43,556 40,338 36,878
Provisions for losses      
Charge Card 963 937 795
Card member loans 2,462 2,266 1,868
Other 148 149 97
Total provisions for losses 3,573 3,352 2,760
Total revenues net of interest expense after provisions for losses 39,983 36,986 34,118
Expenses      
Marketing and business development 7,114 6,470 5,722
Card Member rewards 10,439 9,696 8,687
Card Member services 2,222 1,777 1,392
Salaries and employee benefits 5,911 5,250 5,258
Other,net 5,868 5,671 5,634
Total Expenses 31,554 28,864 26,693
Pretax income 8,429 8,122 7,425
Income tax provision 1,670 1,201 4,677
Net income $ 6,759 $ 6,921 $ 2,748
Earnings per Common Share      
Basic (in dollars per share) [1] $ 8.00 $ 7.93 $ 3.00
Diluted (in dollars per share) [1] $ 7.99 $ 7.91 $ 2.99
Average common shares outstanding for earnings per common share:      
Basic 828 856 883
Diluted 830 859 886
Discount Revenue [Member]      
Non-interest revenues      
Revenues and Fees $ 26,167 $ 24,721 $ 22,890
Net Card Fees [Member]      
Non-interest revenues      
Revenues and Fees 4,042 3,441 3,090
Other Fees and Commissions [Member]      
Non-interest revenues      
Revenues and Fees $ 3,297 $ 3,153 $ 2,990
[1] Represents net income less (i) earnings allocated to participating share awards of $47 million, $54 million and $21 million for the years ended December 31, 2019, 2018 and 2017, respectively, and (ii) dividends on preferred shares of $81 million, $80 million and $81 million for the years ended December 31, 2019, 2018 and 2017, respectively.