Reportable Operating Segments and Geographic Operations (Tables)

12 Months Ended

Dec. 31, 2022

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, 2022, 2021 and 2020:


(Millions, except where indicated)	USCS		CS		ICS		GMNS		Corporate & Other (a)		Consolidated
2022
Total non-interest revenues	$	16,440	$	12,196	$	8,262	$	6,123	$	(54)	$	42,967
Revenue from contracts with customers (b)	12,478		10,844		5,301		5,603		(7)		34,219
Interest income	8,457		2,070		1,453		23		655		12,658
Interest expense	983		697		654		(329)		758		2,763
Total revenues net of interest expense	23,914		13,569		9,061		6,475		(157)		52,862
Pretax income (loss)	5,400		2,880		578		2,954		(2,227)		9,585
Total assets (billions)	$	94	$	51	$	37	$	20	$	26	$	228
2021
Total non-interest revenues	$	12,989	$	9,833	$	6,761	$	5,021	$	26	$	34,630
Revenue from contracts with customers (b)	9,823		8,659		4,368		4,694		172		27,716
Interest income	6,328		1,408		1,116		16		165		9,033
Interest expense	395		330		442		(92)		208		1,283
Total revenues net of interest expense	18,922		10,911		7,435		5,129		(17)		42,380
Pretax income (loss)	5,958		2,936		929		1,874		(1,008)		10,689
Total assets (billions)	$	77	$	45	$	33	$	15	$	19	$	189
2020
Total non-interest revenues	$	10,125	$	8,210	$	5,877	$	4,209	$	(319)	$	28,102
Revenue from contracts with customers (b)	7,261		7,123		3,663		3,948		(21)		21,974
Interest income	7,009		1,532		1,244		18		280		10,083
Interest expense	787		508		379		(82)		506		2,098
Total revenues net of interest expense	16,347		9,234		6,742		4,309		(545)		36,087
Pretax income (loss)	3,103		1,013		521		1,294		(1,635)		4,296
Total assets (billions)	$	65	$	35	$	28	$	14	$	49	$	191

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

(b)Includes discount revenue, certain service fees and other revenue and processed 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.

Effective for the first quarter of 2022, we changed the way in which we allocate certain overhead expenses by geographic region. As a result, prior period pretax income (loss) from continuing operations by geography has been recast to conform to current period presentation; there was no impact at a consolidated level.


(Millions)	United States		EMEA(a)		APAC(a)		LACC(a)		Other Unallocated(b)		Consolidated
2022
Total revenues net of interest expense	$	41,396	$	4,871	$	3,835	$	2,917	$	(157)	$	52,862
Pretax income (loss) from continuing operations	10,383		550		376		500		(2,224)		9,585
2021
Total revenues net of interest expense	$	33,103	$	3,643	$	3,418	$	2,238	$	(22)	$	42,380
Pretax income (loss) from continuing operations	10,325		460		420		494		(1,010)		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	5,422		187		328		273		(1,914)		4,296

(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.