XML 21 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Non-interest revenues      
Total non-interest revenues $ 34,630 $ 28,102 $ 34,936
Interest income      
Interest on loans 8,850 9,779 11,308
Interest and dividends on investment securities 83 127 188
Deposits with banks and other 100 177 588
Total interest income 9,033 10,083 12,084
Interest expense      
Deposits 458 943 1,559
Long-term debt and other 825 1,155 1,905
Total interest expense 1,283 2,098 3,464
Net interest income 7,750 7,985 8,620
Total revenues net of interest expense 42,380 36,087 43,556
Provisions for credit losses      
Provisions for credit losses (1,419) 4,730 3,573
Total revenues net of interest expense after provisions for credit losses 43,799 31,357 39,983
Expenses      
Marketing and business development 9,053 6,747 7,125
Card Member rewards 11,007 8,041 10,439
Card Member services 1,993 1,230 2,223
Salaries and employee benefits 6,240 5,718 5,911
Other, net 4,817 5,325 5,856
Total expenses 33,110 27,061 31,554
Pretax income 10,689 4,296 8,429
Income tax provision 2,629 1,161 1,670
Net income $ 8,060 $ 3,135 $ 6,759
Earnings per Common Share      
Basic (in dollars per share) [1] $ 10.04 $ 3.77 $ 8.00
Diluted (in dollars per share) [1] $ 10.02 $ 3.77 $ 7.99
Average common shares outstanding for earnings per common share:      
Basic (in shares) 789 805 828
Diluted (in shares) 790 806 830
Card Member receivables      
Provisions for credit losses      
Provisions for credit losses $ (73) $ 1,015 $ 963
Card Member loans      
Provisions for credit losses      
Provisions for credit losses (1,155) 3,453 2,462
Other      
Provisions for credit losses      
Provisions for credit losses (191) 262 148
Discount revenue      
Non-interest revenues      
Total non-interest revenues 25,727 20,401 26,167
Net card fees      
Non-interest revenues      
Total non-interest revenues 5,195 4,664 4,042
Other fees and commissions      
Non-interest revenues      
Total non-interest revenues 2,392 2,163 3,297
Other      
Non-interest revenues      
Total non-interest revenues $ 1,316 $ 874 $ 1,430
[1] Represents net income less (i) earnings allocated to participating share awards of $56 million, $20 million and $47 million for the years ended December 31, 2021, 2020 and 2019, respectively, (ii) dividends on preferred shares of $71 million, $79 million and $81 million for the years ended December 31, 2021, 2020 and 2019, respectively, and (iii) equity-related adjustments of $16 million related to the redemption of preferred shares for the year ended December 31, 2021.