Reportable Operating Segment

3 Months Ended

Mar. 31, 2018

16. Reportable Operating Segments

We are 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. Effective January 1, 2018, we changed the methodology used to allocate certain corporate overhead costs and interest income and expense to the operating segments. Prior period amounts have been revised to conform to the current period presentation.

The following table presents certain selected financial information for our reportable operating segments and Corporate & Other as of or for the three months ended March 31:

									Corporate &
(Millions, except where indicated)	USCS		ICNS		GCS		GMS		Other^(a)		Consolidated
2018
Total non-interest revenues	$	2,294	$	1,551	$	2,838	$	1,110	$	84	$	7,877
Revenue from contracts with customers^(b)		1,799		1,093		2,495		1,110		84		6,581
Interest income		1,656		294		377		―		135		2,462
Interest expense		253		78		171		(63)		182		621
Total revenues net of interest expense		3,697		1,767		3,044		1,173		37		9,718
Net income (loss)	$	640	$	291	$	552	$	472	$	(321)	$	1,634
Total assets (billions)	$	94	$	42	$	58	$	29	$	(43)	$	180

2017
Total non-interest revenues	$	2,118	$	1,400	$	2,603	$	1,021	$	65	$	7,207
Revenue from contracts with customers^(b)		1,657		1,009		2,297		1,021		63		6,047
Interest income		1,310		235		319		―		81		1,945
Interest expense		161		54		123		(43)		148		443
Total revenues net of interest expense		3,267		1,581		2,799		1,064		(2)		8,709
Net income (loss)	$	494	$	252	$	409	$	357	$	(261)	$	1,251
Total assets (billions)	$	85	$	36	$	52	$	26	$	(38)	$	161

Corporate & Other includes adjustments and eliminations for intersegment activity.
Includes discount revenue, certain other fees and commissions and other revenues from customers.