XML 18 R7.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash Flows from Operating Activities    
Net income $ 3,311 $ 3,257
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:    
Provisions for losses 1,670 1,581
Depreciation and amortization 583 685
Deferred taxes and other 485 (166)
Stock-based compensation 156 154
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:    
Other receivables (268) (164)
Other assets (204) 257
Accounts payable and other liabilities 6,028 (182)
Travelers Cheques and other prepaid products (284) (326)
Net cash provided by operating activities 11,477 5,096
Cash Flows from Investing Activities    
Maturities and redemptions of investment securities 2,426 1,203
Purchase of investments (6,310) (3,029)
Net increase in Card Member loans and receivables, and other loans (5,832) (5,538)
Purchase of premises and equipment, net of sales (840) (536)
Acquisitions/Dispositions, net of cash acquired (91) (481)
Other investing activities, net 148 0
Net cash (used in) provided by investing activities (10,499) (8,381)
Cash Flows from Financing Activities    
Net increase (decrease) in customer deposits 2,625 2,957
Net decrease in short-term borrowings (322) (1,307)
Proceeds from long-term borrowings 9,180 10,561
Payments of long-term borrowings (10,379) (10,242)
Issuance of American Express common shares 66 49
Repurchase of American Express common shares and other (2,012) (138)
Dividends paid (702) (645)
Net cash provided by (used in) financing activities (1,544) 1,235
Effect of foreign currency exchange rates on cash, cash equivalents and restricted cash 90 49
Net decrease in cash, cash equivalents and restricted cash (476) (2,001)
Cash, cash equivalents and restricted cash at beginning of period 27,808 33,263
Cash, cash equivalents and restricted cash at end of period $ 27,332 $ 31,262