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Reportable Operating Segments
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Reportable Operating Segments Reportable Operating Segments
Effective for the first quarter of 2020, we made certain enhancements to our transfer pricing methodology related to the sharing of revenues between our card issuing, network and merchant businesses, and our methodology related to the allocation of certain funding costs primarily related to our Card Member loan and Card Member receivable portfolios. These enhancements resulted in certain changes to Non-interest revenues, Interest expense and operating expenses across our reportable operating segments. Prior period amounts have been revised to conform to the current period presentation. These changes had no impact on our Consolidated Results of Operations.
The following table presents certain selected financial information for our reportable operating segments and Corporate & Other as of or for the three and six months ended June 30:
Three Months Ended June 30, 2020 (Millions, except where indicated)GCSGGCSGMNS
Corporate & Other (a)
Consolidated
Total non-interest revenues$2,932  $2,014  $919  $(74) $5,791  
Revenue from contracts with customers (b)
1,836  1,652  875  (6) 4,357  
Interest income1,971  402   49  2,426  
Interest expense272  154  (6) 122  542  
Total revenues net of interest expense4,631  2,262  929  (147) 7,675  
Net income (loss)$527  $(60) $66  $(276) $257  
Total assets (billions)
$80  $38  $12  $59  $189  
Six Months Ended June 30, 2020 (Millions, except where indicated)GCSGGCSGMNS
Corporate & Other (a)
Consolidated
Total non-interest revenues$6,826  $4,802  $2,265  $(122) $13,771  
Revenue from contracts with customers (b)
4,530  4,024  2,115  (16) 10,653  
Interest income4,382  901  10  179  5,472  
Interest expense600  354  (42) 346  1,258  
Total revenues net of interest expense10,608  5,349  2,317  (289) 17,985  
Net income (loss)$728  $(22) $483  $(565) $624  
Total assets (billions)
$80  $38  $12  $59  $189  

Three Months Ended June 30, 2019 (Millions, except where indicated)GCSGGCSGMNS
Corporate & Other (a)
Consolidated
Total non-interest revenues$4,193  $3,059  $1,478  $34  $8,764  
Revenue from contracts with customers (b)
3,060  2,665  1,355  —  7,080  
Interest income2,297  468   193  2,965  
Interest expense446  269  (87) 263  891  
Total revenues net of interest expense6,044  3,258  1,572  (36) 10,838  
Net income (loss)$881  $561  $564  $(245) $1,761  
Total assets (billions)
$102  $55  $22  $19  $198  

Six Months Ended June 30, 2019 (Millions, except where indicated)GCSGGCSGMNS
Corporate & Other (a)
Consolidated
Total non-interest revenues$8,105  $5,985  $2,927  $52  $17,069  
Revenue from contracts with customers (b)
5,884  5,206  2,680   13,776  
Interest income4,569  922  16  412  5,919  
Interest expense881  525  (167) 547  1,786  
Total revenues net of interest expense11,793  6,382  3,110  (83) 21,202  
Net income (loss)$1,835  $1,073  $1,135  $(732) $3,311  
Total assets (billions)
$102  $55  $22  $19  $198  
(a)Corporate & Other includes adjustments and eliminations for intersegment activity.
(b)Includes discount revenue, certain other fees and commissions and other revenues from customers.