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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Non-interest revenues      
Discount revenue $ 16,734 $ 14,880 $ 13,202
Net card fees 2,183 2,102 2,151
Travel commissions and fees 1,971 1,773 1,591
Other commissions and fees 2,269 2,031 1,778
Securitization income, net 0 0 400
Other revenue 2,164 1,927 2,090
Total non-interest revenues 25,321 22,713 21,212
Interest income      
Interest and fees on loans 6,537 6,783 4,468
Interest and dividends on investment securities 327 443 804
Deposits with banks and other 97 66 59
Total interest income 6,961 7,292 5,331
Interest expense      
Deposits 528 546 425
Short-term borrowings 11 3 37
Long-term debt and other 1,781 1,874 1,745
Total interest expense 2,320 2,423 2,207
Net interest income 4,641 4,869 3,124
Total revenues net of interest expense 29,962 27,582 24,336
Provisions for losses      
Charge card 770 595 857
Cardmember loans 253 1,527 4,266
Other 89 85 190
Total provisions for losses 1,112 2,207 5,313
Total revenues net of interest expense after provisions for losses 28,850 25,375 19,023
Expenses      
Marketing, promotion, rewards and cardmember services 9,930 8,738 6,563
Salaries and employee benefits 6,252 5,566 5,080
Professional services 2,951 2,806 2,408
Other 2,761 2,301 2,131
Total 21,894 19,411 16,182
Pretax income (loss) from continuing operations 6,956 5,964 2,841
Income tax provision 2,057 1,907 704
Income from continuing operations 4,899 4,057 2,137
Loss from discontinued operations, net of tax 36 0 (7)
Net income $ 4,935 $ 4,057 $ 2,130
Earnings Per Share, Basic [Abstract]      
Income from continuing operations attributable to common shareholders $ 4.11 [1] $ 3.37 [1] $ 1.55 [1]
Loss from discontinued operations, net of tax $ 0.03 $ 0 $ (0.01)
Net income attributable to common shareholders $ 4.14 [1] $ 3.37 [1] $ 1.54 [1]
Earnings Per Share, Diluted [Abstract]      
Income from continuing operations attributable to common shareholders $ 4.09 [1] $ 3.35 [1] $ 1.54 [1]
Loss from discontinued operations, net of tax $ 0.03 $ 0 $ 0
Net income attributable to common shareholders $ 4.12 [1] $ 3.35 [1] $ 1.54 [1]
Average common shares outstanding for earnings per common share:      
Basic 1,178 1,188 1,168
Diluted 1,184 1,195 1,171
[1] Represents income from continuing operations or net income, as applicable, less (i) accelerated preferred dividend accretion of $212 million for the year ended December 31, 2009 due to the repurchase of $3.39 billion of preferred shares issued as part of the Capital Purchase Program, (ii) preferred share dividends and related accretion of $94 million for the year ended December 31, 2009 and (iii) earnings allocated to participating share awards and other items of $58 million, $51 million and $22 million for the years ended December 31, 2011, 2010 and 2009, respectively.