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Parent Company (Tables)
12 Months Ended
Dec. 31, 2012
Parent Company (Tables) [Abstract]  
Condensed Statements of Income

Parent Company – Condensed Statements of Income

Years Ended December 31 (Millions) 2012 2011 2010
Revenues         
 Non-interest revenues         
  Gain on sale of securities $ 121 $ 15 $
  Other   (12)   3   8
Total non-interest revenues   109   18   8
Interest income   137   142   136
Interest expense   (609)   (633)   (638)
Total revenues net of interest expense   (363)   (473)   (494)
Expenses         
 Salaries and employee benefits   165   173   153
 Other   214   186   117
Total   379   359   270
Pretax loss   (742)   (832)   (764)
Income tax benefit   (258)   (346)   (292)
Net loss before equity in net income of         
 subsidiaries and affiliates   (484)   (486)   (472)
Equity in net income of subsidiaries and          
 affiliates   4,966   5,385   4,529
Income from continuing operations   4,482   4,899   4,057
Income from discontinued operations,         
 net of tax     36  
Net income $ 4,482 $ 4,935 $ 4,057
Condensed Balance Sheets

Parent Company – Condensed Balance Sheets

 

As of December 31 (Millions) 2012 2011
Assets      
Cash and cash equivalents $ 4,797 $ 6,914
Investment securities   296  360
Equity in net assets of subsidiaries and       
 affiliates of continuing operations   19,087  17,374
Accounts receivable, less reserves   655  53
Premises and equipment, less accumulated       
 depreciation: 2012, $59; 2011, $44   117  96
Loans to subsidiaries and affiliates   6,733   5,132
Due from subsidiaries and affiliates   1,189  1,363
Other assets   441  769
Total assets $ 33,315 $32,061
Liabilities and Shareholders’ Equity      
Liabilities      
Accounts payable and other liabilities $ 1,474 $1,466
Due to subsidiaries and affiliates   1,069  823
Short-term debt of subsidiaries and affiliates   2,316   895
Long-term debt   9,570  10,083
 Total liabilities   14,429  13,267
Shareholders’ equity      
Common shares   221  232
Additional paid-in capital   12,067  12,217
Retained earnings   7,525  7,221
Accumulated other comprehensive loss   (927)   (876)
 Total shareholders’ equity   18,886  18,794
Total liabilities and shareholders’ equity $ 33,315 $32,061
Condensed Cash Flows

Parent Company – Condensed Statements of Cash Flows

Years Ended December 31 (Millions)  2012  2011  2010
Cash Flows from Operating Activities         
Net income $ 4,482 $4,935 $4,057
Adjustments to reconcile net income to cash provided by operating activities:         
 Equity in net income of subsidiaries and affiliates:         
  — Continuing operations   (4,966)  (5,385)  (4,530)
  — Discontinued operations    (36)  
 Dividends received from subsidiaries and affiliates   3,355  3,773  1,999
 Gain on sale of securities   (121)  (15)  
 Other operating activities, primarily with subsidiaries and affiliates   196  671  (39)
 Premium paid on debt exchange   (541)    
Net cash provided by operating activities   2,405  3,943  1,487
Cash Flows from Investing Activities         
Sale/redemption of investments   118  20  9
Premises and equipment   (38)  (35)  (32)
Loans to subsidiaries and affiliates   (1,601)  (189)  (1,064)
Purchase of investments    (2)  (3)
Investments in subsidiaries and affiliates   (11)  (18)  
Net cash used in investing activities   (1,532)  (224)  (1,090)
Cash Flows from Financing Activities         
Principal payment of debt     (400)  
Short-term debt of subsidiaries and affiliates   1,421  895  
Long-term debt of subsidiaries and affiliates      (15)
Issuance of American Express common shares and other   443  594  663
Repurchase of American Express common shares  (3,952)  (2,300)  (590)
Dividends paid   (902)  (861)  (867)
Net cash used in financing activities   (2,990)  (2,072)  (809)
Net change in cash and cash equivalents   (2,117)  1,647  (412)
Cash and cash equivalents at beginning of year  6,914  5,267  5,679
Cash and cash equivalents at end of year $4,797 $6,914 $5,267
           
Supplemental cash flow information         
Non-cash financing activities         
 Impact of the debt exchange on long-term debt $ 439 $ $