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Loan Receivables (Schedule of Loan Receivables) (Details) - USD ($)
$ in Millions
Mar. 31, 2020
Jan. 01, 2020
Dec. 31, 2019
Mar. 31, 2019
[3]
Dec. 31, 2018
[3]
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loan receivables $ 92,963   $ 95,894    
Allowance for credit losses (6,913) [1],[2] $ (5,844) (3,383) [1],[2],[3] $ (3,134) $ (3,041)
Net loan receivables 86,050   92,511    
Variable Interest Entity, Primary Beneficiary [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loan receivables 29,436   31,840    
Allowance for credit losses [4] (1,620)   (1,179)    
Credit Card Securitization Trusts [Member] | Variable Interest Entity, Primary Beneficiary [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loan receivables [5] 29,149   31,548    
Allowance for credit losses [5],[6] (1,620)   (1,179)    
Net loan receivables 27,529   30,369    
Seller's interest 10,799   12,652    
Student Loan Securitization Trusts [Member] | Variable Interest Entity, Primary Beneficiary [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loan receivables 287   292    
Credit Card Loans [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loan receivables [7],[8] 73,811   77,181    
Allowance for credit losses (5,306) (4,550) (2,883) [3] (2,622) (2,528)
Accrued interest receivable 425   471    
Credit Card Loans [Member] | Credit Card Securitization Trusts [Member] | Variable Interest Entity, Primary Beneficiary [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Investors' interest 18,400   18,900    
Seller's interest 10,800   12,700    
Total Other Loans [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loan receivables [9] 19,152   18,713    
Total Other Loans [Member] | Private Student Loans [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loan receivables [9],[10] 9,957   9,653    
Allowance for credit losses (765) (653) (148) [3] (168) (169)
Accrued interest receivable 495   461    
Total Other Loans [Member] | Private Student Loans [Member] | Student Loan Securitization Trusts [Member] | Variable Interest Entity, Primary Beneficiary [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loans pledged as collateral 287   292    
Total Other Loans [Member] | Personal Loans [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loan receivables [9] 7,651   7,687    
Allowance for credit losses (807) (613) (348) [3] (338) (338)
Accrued interest receivable 53   53    
Total Other Loans [Member] | Other Loans [Member]          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Loan receivables [9] 1,544   1,373    
Allowance for credit losses (35) $ (28) (4) [3] $ (6) $ (6)
Accrued interest receivable $ 5   $ 4    
[1]
Prior to adoption of Accounting Standards Update ("ASU") No. 2016-13 on January 1, 2020, credit losses were estimated using the incurred loss approach.
[2]
Prior to adoption of ASU No. 2016-13 on January 1, 2020, credit losses were estimated using the incurred loss approach.
[3]
Prior to adoption of ASU No. 2016-13 on January 1, 2020, credit losses were estimated using the incurred loss approach.
[4]
Prior to adoption of ASU No. 2016-13 on January 1, 2020, credit losses were estimated using the incurred loss approach.
[5]
The Company maintains its allowance for credit losses at an amount sufficient to absorb expected losses inherent in all loan receivables, which includes all loan receivables in the trusts. Therefore, credit risk associated with the transferred receivables is fully reflected on the Company's balance sheet in accordance with GAAP.
[6]
Prior to adoption of ASU No. 2016-13 on January 1, 2020, credit losses were estimated using the incurred loss approach.
[7]
Amounts include carrying values of $18.4 billion and $18.9 billion underlying investors' interest in trust debt at March 31, 2020 and December 31, 2019, respectively, and $10.8 billion and $12.7 billion in seller's interest at March 31, 2020 and December 31, 2019, respectively. See Note 4: Credit Card and Student Loan Securitization Activities for additional information.
[8]
Unbilled accrued interest receivable on credit card loans, which is presented as part of other assets in the Company's condensed consolidated statements of financial condition, was $425 million and $471 million at March 31, 2020 and December 31, 2019, respectively.
[9]
Accrued interest receivable on private student, personal and other loans, which is presented as part of other assets in the Company's condensed consolidated statements of financial condition, was $495 million, $53 million and $5 million, respectively, at March 31, 2020 and $461 million, $53 million and $4 million, respectively, at December 31, 2019.
[10]
Amounts include carrying values of $287 million and $292 million in loans pledged as collateral against the note issued from a student loan securitization trust at March 31, 2020 and December 31, 2019, respectively. See Note 4: Credit Card and Student Loan Securitization Activities for additional information.