The following table presents income statement and balance sheet-related information for JPMorgan Chase by major international geographic area. The Firm defines international activities for purposes of this footnote presentation as business transactions that involve clients residing outside of the U.S., and the information presented below is based predominantly on the domicile of the client, the location from which the client relationship is managed, booking location or the location of the trading desk. However, many of the Firm’s U.S. operations serve international businesses.

As the Firm’s operations are highly integrated, estimates and subjective assumptions have been made to apportion revenue and expense between U.S. and international operations. These estimates and assumptions are consistent with the allocations used for the Firm’s segment reporting as set forth in Note 32.

The Firm’s long-lived assets for the periods presented are not considered by management to be significant in relation to total assets. The majority of the Firm’s long-lived assets are located in the U.S.


As of or for the year ended December 31, (in millions)	Revenue(c)		Expense(d)		Income before income tax expense		Net income		Total assets
2020
Europe/Middle East/Africa	$	16,566	$	10,987	$	5,579	$	3,868	$	530,687	(e)
Asia-Pacific	9,289		5,558		3,731		2,630		252,553
Latin America/Caribbean	2,740		1,590		1,150		837		61,980
Total international	28,595		18,135		10,460		7,335		845,220
North America(a)	90,948		66,001		24,947		21,796		2,540,851
Total	$	119,543	$	84,136	$	35,407	$	29,131	$	3,386,071
2019(b)
Europe/Middle East/Africa	$	15,887	$	9,860	$	6,027	$	4,158	$	391,369	(e)
Asia-Pacific	7,254		5,060		2,194		1,467		183,023
Latin America/Caribbean	2,405		1,561		844		609		47,820
Total international	25,546		16,481		9,065		6,234		622,212
North America(a)	89,853		54,373		35,480		30,197		2,065,167
Total	$	115,399	$	70,854	$	44,545	$	36,431	$	2,687,379
2018(b)
Europe/Middle East/Africa	$	16,459	$	10,032	$	6,427	$	4,569	$	424,935	(e)
Asia-Pacific	6,991		4,884		2,107		1,481		171,547
Latin America/Caribbean	2,365		1,301		1,064		744		43,871
Total international	25,815		16,217		9,598		6,794		640,353
North America(a)	82,968		51,802		31,166		25,680		1,982,179
Total	$	108,783	$	68,019	$	40,764	$	32,474	$	2,622,532

(a)Substantially reflects the U.S.

(b)Prior-period amounts have been revised to conform with the current presentation.

(c)Revenue is composed of net interest income and noninterest revenue.

(d)Expense is composed of noninterest expense and the provision for credit losses.

(e)Total assets for the U.K. were approximately $353 billion, $309 billion and $299 billion at December 31, 2020, 2019 and 2018, respectively.