Parent Company

12 Months Ended

Dec. 31, 2013

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Financial Information of Parent Company Only Disclosure [Text Block]

NOTE 26

Parent Company

PARENT COMPANY – CONDENSED STATEMENTS OF INCOME

Years Ended December 31 (Millions)			2013		2012		2011
Revenues
	Non-interest revenues
		Gain on sale of securities	$	135	$	121	$	15
		Other		5		(12)		3
Total non-interest revenues				140		109		18
Interest income				134		137		142
Interest expense				(583)		(609)		(633)
Total revenues net of interest expense				(309)		(363)		(473)
Expenses
	Salaries and employee benefits			206		165		173
	Other			261		214		186
Total				467		379		359
Pretax loss				(776)		(742)		(832)
Income tax benefit				(297)		(258)		(346)
Net loss before equity in net income of
	subsidiaries and affiliates			(479)		(484)		(486)
Equity in net income of subsidiaries and
	affiliates			5,838		4,966		5,385
Income from continuing operations				5,359		4,482		4,899
Income from discontinued operations,
	net of tax			―		―		36
Net income			$	5,359	$	4,482	$	4,935

PARENT COMPANY – CONDENSED BALANCE SHEETS

As of December 31 (Millions)		2013		2012
Assets
Cash and cash equivalents		$	6,076	$	4,797
Investment securities			123		296
Equity in net assets of subsidiaries and
	affiliates of continuing operations		19,571		19,087
Accounts receivable, less reserves			378		655
Premises and equipment, less accumulated
	depreciation: 2013, $76; 2012, $59		136		117
Loans to subsidiaries and affiliates			5,236		6,733
Due from subsidiaries and affiliates			1,126		1,189
Other assets			335		441
Total assets			32,981		33,315
Liabilities and Shareholders’ Equity
Liabilities
Accounts payable and other liabilities			1,386		1,474
Due to subsidiaries and affiliates			926		1,069
Short-term debt of subsidiaries and affiliates			819		2,316
Long-term debt			10,354		9,570
	Total liabilities		13,485		14,429
Shareholders’ equity
Common shares			213		221
Additional paid-in capital			12,202		12,067
Retained earnings			8,507		7,525
Accumulated other comprehensive loss			(1,426)		(927)
	Total shareholders’ equity		19,496		18,886
Total liabilities and shareholders’ equity		$	32,981	$	33,315

PARENT COMPANY – CONDENSED STATEMENTS OF CASH FLOWS

Years Ended December 31 (Millions)			2013		2012		2011
Cash Flows from Operating Activities
Net income		$	5,359	$	4,482	$	4,935
Adjustments to reconcile net income to cash provided by operating activities:
	Equity in net income of subsidiaries and affiliates:
	— Continuing operations		(5,838)		(4,966)		(5,385)
	— Discontinued operations		―		―		(36)
	Dividends received from subsidiaries and affiliates		4,768		3,355		3,773
	Gain on sale of securities		(135)		(121)		(15)
	Other operating activities, primarily with subsidiaries and affiliates		324		196		671
	Premium paid on debt exchange		―		(541)		―
Net cash provided by operating activities			4,478		2,405		3,943
Cash Flows from Investing Activities
Sale of investments			157		118		20
Purchase of investments			―		―		(2)
Purchase of premises and equipment			(39)		(38)		(35)
Loans to subsidiaries and affiliates			1,498		(1,601)		(189)
Investments in subsidiaries and affiliates			―		(11)		(18)
Net cash provided by (used in) investing activities			1,616		(1,532)		(224)
Cash Flows from Financing Activities
Issuance/(principal payments) of/on long-term debt			843		―		(400)
Short-term debt of subsidiaries and affiliates			(1,497)		1,421		895
Issuance of American Express common shares and other			721		443		594
Repurchase of American Express common shares			(3,943)		(3,952)		(2,300)
Dividends paid			(939)		(902)		(861)
Net cash used in financing activities			(4,815)		(2,990)		(2,072)
Net increase (decrease) in cash and cash equivalents			1,279		(2,117)		1,647
Cash and cash equivalents at beginning of year			4,797		6,914		5,267
Cash and cash equivalents at end of year		$	6,076	$	4,797	$	6,914
Supplemental cash flow information
Non-cash financing activities
	Impact of debt exchange on long-term debt	$	―	$	439	$	―