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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows from Operating Activities    
Net income $ 624 $ 3,311
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Provisions for credit losses 4,176 1,670
Depreciation and amortization 711 583
Deferred taxes and other 335 485
Stock-based compensation 109 156
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:    
Other assets (792) (472)
Accounts payable & other liabilities (5,252) 5,744
Net cash (used in) provided by operating activities (89) 11,477
Cash Flows from Investing Activities    
Sale of investment securities 36 0
Maturities and redemptions of investment securities 4,573 2,426
Purchase of investments (16,132) (6,310)
Net decrease (increase) in Card Member loans and receivables, and other loans 34,356 (5,832)
Purchase of premises and equipment, net of sales (689) (840)
Acquisitions/dispositions, net of cash acquired 0 (91)
Other investing activities 2 148
Net cash provided by (used in) investing activities 22,146 (10,499)
Cash Flows from Financing Activities    
Net increase in customer deposits 11,519 2,625
Net decrease in short-term borrowings (4,859) (322)
Proceeds from long-term debt 0 9,180
Payments of long-term debt (9,699) (10,379)
Issuance of American Express common shares 33 66
Repurchase of American Express common shares and other (1,025) (2,012)
Dividends paid (749) (702)
Net cash used in financing activities (4,780) (1,544)
Effect of foreign currency exchange rates on cash, cash equivalents and restricted cash 380 90
Net increase (decrease) in cash, cash equivalents and restricted cash 17,657 (476)
Cash, cash equivalents and restricted cash at beginning of period 24,446 27,808
Cash, cash equivalents and restricted cash at end of period $ 42,103 $ 27,332