DISCONTINUED OPERATIONS (Tables)

6 Months Ended

Jun. 30, 2022

LoyaltyOne

Schedule of financial statement information for discontinued operations

	Three Months Ended June 30, 2021		Six Months Ended June 30, 2021
(Millions)
Total interest income	$	—	$	—
Total interest expense (1)		3		7
Net interest income		(3)		(7)
Total non-interest income		151		327
Total non-interest expenses		130		275
Income before provision from income taxes		18		45
Provision for income taxes		7		16
Income from discontinued operations, net of income taxes	$	11	$	29

(1) The Company’s Credit Agreement, as amended, required a $725 million prepayment of term loans in conjunction with the LoyaltyOne spinoff. As a result, the interest expense reflected above is the allocation to discontinued operations of interest on the basis of this $725 million mandatory prepayment.

(Millions)	Three Months Ended June 30, 2021		Six Months Ended June 30, 2021
Depreciation and amortization	$	9	$	18
Capital expenditures	$	4	$	9