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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Non-interest revenues      
Total non-interest revenues $ 42,967 $ 34,630 $ 28,102
Interest income      
Interest on loans 11,967 8,850 9,779
Interest and dividends on investment securities 96 83 127
Deposits with banks and other 595 100 177
Total interest income 12,658 9,033 10,083
Interest expense      
Deposits 1,527 458 943
Long-term debt and other 1,236 825 1,155
Total interest expense 2,763 1,283 2,098
Net interest income 9,895 7,750 7,985
Total revenues net of interest expense 52,862 42,380 36,087
Provisions for credit losses      
Provisions for credit losses 2,182 (1,419) 4,730
Total revenues net of interest expense after provisions for credit losses 50,680 43,799 31,357
Expenses      
Card Member rewards 14,002 11,007 8,041
Business development 4,943 3,762 3,051
Card Member services 2,959 1,993 1,230
Marketing 5,458 5,291 3,696
Salaries and employee benefits 7,252 6,240 5,718
Other, net 6,481 4,817 5,325
Total expenses 41,095 33,110 27,061
Pretax income 9,585 10,689 4,296
Income tax provision 2,071 2,629 1,161
Net income $ 7,514 $ 8,060 $ 3,135
Earnings per Common Share      
Basic (in dollars per share) [1] $ 9.86 $ 10.04 $ 3.77
Diluted (in dollars per share) [1] $ 9.85 $ 10.02 $ 3.77
Average common shares outstanding for earnings per common share:      
Basic (in shares) 751 789 805
Diluted (in shares) 752 790 806
Card Member receivables      
Provisions for credit losses      
Provisions for credit losses $ 627 $ (73) $ 1,015
Card Member loans      
Provisions for credit losses      
Provisions for credit losses 1,514 (1,155) 3,453
Other      
Provisions for credit losses      
Provisions for credit losses 41 (191) 262
Discount revenue      
Non-interest revenues      
Total non-interest revenues 30,739 24,563 19,435
Net card fees      
Non-interest revenues      
Total non-interest revenues 6,070 5,195 4,664
Service fees and other revenue      
Non-interest revenues      
Total non-interest revenues 4,521 3,316 2,702
Processed revenue      
Non-interest revenues      
Total non-interest revenues $ 1,637 $ 1,556 $ 1,301
[1] Represents net income less (i) earnings allocated to participating share awards of $57 million, $56 million and $20 million for the years ended December 31, 2022, 2021 and 2020, respectively, (ii) dividends on preferred shares of $57 million, $71 million and $79 million for the years ended December 31, 2022, 2021 and 2020, respectively, and (iii) equity-related adjustments of $16 million related to the redemption of preferred shares for the year ended December 31, 2021.