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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Non-interest revenues        
Discount revenue $ 4,824 $ 4,946 $ 9,467 $ 9,606
Net card fees 715 667 1,414 1,334
Other fees and commissions 702 727 1,382 1,435
Other 545 521 1,031 989
Total non-interest revenues 6,786 6,861 13,294 13,364
Interest income        
Interest on loans 1,818 1,776 3,756 3,571
Interest and dividends on investment securities 34 41 70 82
Deposits with banks and other 33 20 64 41
Total interest income 1,885 1,837 3,890 3,694
Interest expense        
Deposits 150 109 300 212
Long-term debt and other 286 305 561 612
Total interest expense 436 414 861 824
Net interest income 1,449 1,423 3,029 2,870
Total revenues net of interest expense 8,235 8,284 16,323 16,234
Provisions for losses        
Charge card 153 165 322 339
Card Member loans 285 285 512 520
Other 25 17 63 28
Total provisions for losses 463 467 897 887
Total revenues net of interest expense after provisions for losses 7,772 7,817 15,426 15,347
Expenses        
Marketing and promotion 788 761 1,515 1,370
Card Member Rewards 1,766 1,799 3,469 3,439
Card Member services and other 281 242 563 503
Salaries and employee benefits 1,451 1,250 2,789 2,555
Other, net 470 1,535 1,890 2,934
Total expenses 4,756 5,587 10,226 10,801
Pretax income 3,016 2,230 5,200 4,546
Income tax provision 1,001 757 1,759 1,548
Income from continuing operations 2,015 1,473 3,441 2,998
Net income $ 2,015 $ 1,473 $ 3,441 $ 2,998
Earnings Per Common Share, Basic (Note 15) [Abstract]        
Net income attributable to common shareholders $ 2.11 [1] $ 1.43 [1] $ 3.55 [2] $ 2.92 [2]
Earnings Per Common Share, Diluted (Note 15) [Abstract]        
Net income attributable to common shareholders $ 2.1 [3] $ 1.42 [3] $ 3.54 [4] $ 2.9 [4]
Average common shares outstanding for earnings per common share:        
Basic 938 1,009 949 1,013
Diluted 941 1,013 952 1,018
Cash dividends declared per common share $ 0.29 $ 0.29 $ 0.58 $ 0.55
[1] Represents net income less ( i ) earnings allocated to participating share awards of $ 17 million and $ 11 million for the three months ended June 30 , 2016 and 2015 , respectively, and (ii) dividends on preferred shares of $ 19 million and $ 20 million for the three months ended June 30 , 2016 and 2015 , respectively.
[2] Represents net income less ( i ) earnings allocate d to participating share awards of $ 28 million and $ 22 million for the six months ended June 30 , 2016 and 2015 , respectively, and (ii) dividends on preferred shares of $ 40 million and $ 20 million for the six months ended June 30 , 2016 and 2015 , respectively.
[3] Represents net income less ( i ) earnings allocated to participating share awards of $ 17 million and $ 11 million for the three months ended June 30 , 2016 and 2015 , respectively, and (ii) dividends on preferred shares of $ 19 million and $ 20 million for the three months ended June 30 , 2016 and 2015 , respectively.
[4] Represents net income less ( i ) earnings allocate d to participating share awards of $ 28 million and $ 22 million for the six months ended June 30 , 2016 and 2015 , respectively, and (ii) dividends on preferred shares of $ 40 million and $ 20 million for the six months ended June 30 , 2016 and 2015 , respectively.