Reportable Operating Segment

9 Months Ended

Sep. 30, 2017

Segment Reporting [Abstract]

Reportable Operating Segments

16. Reportable Operating Segments

The Company is a global services company that is principally engaged in businesses comprising four reportable operating segments: USCS, ICNS, GCS and Global Merchant Services (GMS). Corporate functions and certain other businesses and operations are included in Corporate & Other.

The following table presents certain selected financial information for the Company’s reportable operating segments and Corporate & Other:

Three Months Ended September 30, 2017 (Millions, except where indicated)		USCS		ICNS		GCS		GMS		Corporate & Other(a)		Consolidated
Non-interest revenues	$	1,976	$	1,277	$	2,360	$	1,088	$	60	$	6,761
Interest income		1,509		271		351		―		111		2,242
Interest expense		202		65		144		(65)		221		567
Total revenues net of interest expense		3,283		1,483		2,567		1,153		(50)		8,436
Net income (loss)	$	475	$	286	$	529	$	368	$	(302)	$	1,356
Total assets (billions)	$	88	$	39	$	53	$	27	$	(38)	$	169
Total equity (billions)	$	7	$	3	$	7	$	3	$	1	$	21
Nine Months Ended September 30, 2017 (Millions, except where indicated)		USCS		ICNS		GCS		GMS		Corporate & Other(a)		Consolidated
Non-interest revenues	$	5,832	$	3,719	$	6,999	$	3,191	$	186	$	19,927
Interest income		4,186		752		1,004		1		294		6,237
Interest expense		519		178		382		(188)		641		1,532
Total revenues net of interest expense		9,499		4,293		7,621		3,380		(161)		24,632
Net income (loss)	$	1,384	$	713	$	1,447	$	1,161	$	(772)	$	3,933
Total assets (billions)	$	88	$	39	$	53	$	27	$	(38)	$	169
Total equity (billions)	$	7	$	3	$	7	$	3	$	1	$	21
Three Months Ended September 30, 2016 (Millions, except where indicated)		USCS		ICNS		GCS		GMS		Corporate & Other(a)		Consolidated
Non-interest revenues	$	1,849	$	1,205	$	2,240	$	1,044	$	102	$	6,440
Interest income		1,178		231		282		―		73		1,764
Interest expense		125		55		98		(60)		212		430
Total revenues net of interest expense		2,902		1,381		2,424		1,104		(37)		7,774
Net income (loss)	$	401	$	155	$	466	$	359	$	(239)	$	1,142
Total assets (billions)	$	79	$	34	$	47	$	23	$	(30)	$	153
Total equity (billions)	$	8	$	3	$	7	$	2	$	1	$	21
Nine Months Ended September 30, 2016 (Millions, except where indicated)		USCS		ICNS		GCS		GMS		Corporate & Other(a)		Consolidated
Non-interest revenues	$	5,947	$	3,587	$	6,710	$	3,172	$	318	$	19,734
Interest income		3,847		692		913		1		201		5,654
Interest expense		404		167		297		(180)		603		1,291
Total revenues net of interest expense		9,390		4,112		7,326		3,353		(84)		24,097
Net income (loss)	$	2,162	$	571	$	1,527	$	1,089	$	(766)	$	4,583
Total assets (billions)	$	79	$	34	$	47	$	23	$	(30)	$	153
Total equity (billions)	$	8	$	3	$	7	$	2	$	1	$	21

Corporate & Other includes adjustments and eliminations for intersegment activity.