Reportable Operating Segments and Geographic Operations (Tables)

12 Months Ended

Dec. 31, 2021

The following table presents certain selected financial information for our reportable operating segments and Corporate & Other as of or for the years ended December 31, 2021, 2020 and 2019:


(Millions, except where indicated)	GCSG		GCS		GMNS		Corporate & Other (a)		Consolidated
2021
Total non-interest revenues	$	18,157	$	11,489	$	4,964	$	20	$	34,630
Revenue from contracts with customers (b)	13,047		9,863		4,635		171		27,716
Interest income	7,391		1,460		16		166		9,033
Interest expense	717		449		(92)		209		1,283
Total revenues net of interest expense	24,831		12,500		5,072		(23)		42,380
Pretax income (loss)	6,826		2,928		1,949		(1,014)		10,689
Total assets (billions)	$	102	$	53	$	15	$	19	$	189
2020
Total non-interest revenues	$	14,632	$	9,652	$	4,143	$	(325)	$	28,102
Revenue from contracts with customers (b)	9,974		8,145		3,882		(27)		21,974
Interest income	8,199		1,586		18		280		10,083
Interest expense	1,054		619		(82)		507		2,098
Total revenues net of interest expense	21,777		10,619		4,243		(552)		36,087
Pretax income (loss)	3,687		936		1,315		(1,642)		4,296
Total assets (billions)	$	87	$	42	$	14	$	48	$	191
2019
Total non-interest revenues	$	17,178	$	12,242	$	5,428	$	88	$	34,936
Revenue from contracts with customers (b)	12,555		10,633		4,965		6		28,159
Interest income	9,414		1,900		27		743		12,084
Interest expense	1,731		1,034		(303)		1,002		3,464
Total revenues net of interest expense	24,861		13,108		5,758		(171)		43,556
Pretax income (loss)	4,845		2,692		2,685		(1,793)		8,429
Total assets (billions)	$	107	$	53	$	17	$	21	$	198

(a)Corporate & Other includes adjustments and eliminations for intersegment activity.

(b)Includes discount revenue, certain other fees and commissions and other revenues from customers.

Total revenues net of interest expense and pretax income

The following table presents our total revenues net of interest expense and pretax income (loss) from continuing operations in different geographic regions based, in part, upon internal allocations, which necessarily involve management’s judgment:


(Millions)	United States		EMEA(a)		APAC(a)		LACC(a)		Other Unallocated(b)		Consolidated
2021
Total revenues net of interest expense	$	33,103	$	3,643	$	3,418	$	2,238	$	(22)	$	42,380
Pretax income (loss) from continuing operations	9,512		705		707		782		(1,017)		10,689
2020
Total revenues net of interest expense	$	28,263	$	3,087	$	3,271	$	2,019	$	(553)	$	36,087
Pretax income (loss) from continuing operations	4,418		398		665		452		(1,638)		4,296
2019
Total revenues net of interest expense	$	32,629	$	4,388	$	3,934	$	2,776	$	(171)	$	43,556
Pretax income (loss) from continuing operations	7,302		1,177		853		884		(1,787)		8,429

(a)EMEA represents Europe, the Middle East and Africa; APAC represents Asia Pacific, Australia and New Zealand; and LACC represents Latin America, Canada and the Caribbean.

(b)Other Unallocated includes net costs which are not directly allocated to specific geographic regions, including costs related to the net negative interest spread on excess liquidity funding and executive office operations expenses.