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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Non-interest revenues    
Non-interest revenues $ 9,536 $ 7,234
Interest income    
Interest on loans 2,473 2,144
Interest and dividends on investment securities 13 24
Deposits with banks and other 34 24
Total interest income 2,520 2,192
Interest expense    
Deposits 122 134
Long-term debt and other 199 228
Total interest expense 321 362
Net interest income 2,199 1,830
Total revenues net of interest expense 11,735 9,064
Provisions for credit losses    
Total provisions for credit losses (33) (675)
Total revenues net of interest expense after provisions for credit losses 11,768 9,739
Expenses    
Card Member rewards 3,111 2,243
Business development 1,043 802
Card Member services 626 317
Marketing 1,224 964
Salaries and employee benefits 1,654 1,550
Other, net 1,398 870
Total expenses 9,056 6,746
Pretax income 2,712 2,993
Income tax provision 613 758
Net income $ 2,099 $ 2,235
Earnings per Common Share    
Basic (in dollars per share) [1] $ 2.73 $ 2.74
Diluted (in dollars per share) [1] $ 2.73 $ 2.74
Average common shares outstanding for earnings per common share:    
Basic (in shares) 757 804
Diluted (in shares) 758 805
Card Member Receivables    
Provisions for credit losses    
Total provisions for credit losses $ 80 $ (10)
Card Member Loans    
Provisions for credit losses    
Total provisions for credit losses (111) (573)
Other    
Provisions for credit losses    
Total provisions for credit losses (2) (92)
Discount revenue    
Non-interest revenues    
Non-interest revenues 6,835 5,001
Net card fees    
Non-interest revenues    
Non-interest revenues 1,423 1,253
Service fees and other revenue    
Non-interest revenues    
Non-interest revenues 906 638
Processed revenue    
Non-interest revenues    
Non-interest revenues $ 372 $ 342
[1] Represents net income less (i) earnings allocated to participating share awards of $16 million and $15 million for the three months ended March 31, 2022 and 2021, respectively, and (ii) dividends on preferred shares of $14 million for both the three months ended March 31, 2022 and 2021.