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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Non-interest revenues      
Total non-interest revenues $ 47,381 $ 42,967 $ 34,630
Interest income      
Interest on loans 17,697 11,967 8,850
Interest and dividends on investment securities 128 96 83
Deposits with banks and other 2,158 595 100
Total interest income 19,983 12,658 9,033
Interest expense      
Deposits 4,865 1,527 458
Long-term debt and other 1,984 1,236 825
Total interest expense 6,849 2,763 1,283
Net interest income 13,134 9,895 7,750
Total revenues net of interest expense 60,515 52,862 42,380
Provisions for credit losses      
Provisions for credit losses 4,923 2,182 (1,419)
Total revenues net of interest expense after provisions for credit losses 55,592 50,680 43,799
Expenses      
Card Member rewards 15,367 14,002 11,007
Business development 5,657 4,943 3,762
Card Member services 3,968 2,959 1,993
Marketing 5,213 5,458 5,291
Salaries and employee benefits 8,067 7,252 6,240
Other, net 6,807 6,481 4,817
Total expenses 45,079 41,095 33,110
Pretax income 10,513 9,585 10,689
Income tax provision 2,139 2,071 2,629
Net income $ 8,374 $ 7,514 $ 8,060
Earnings per Common Share      
Basic (in dollars per share) [1] $ 11.23 $ 9.86 $ 10.04
Diluted (in dollars per share) [1] $ 11.21 $ 9.85 $ 10.02
Average common shares outstanding for earnings per common share:      
Basic (in shares) 735 751 789
Diluted (in shares) 736 752 790
Card Member receivables      
Provisions for credit losses      
Provisions for credit losses $ 880 $ 627 $ (73)
Card Member loans      
Provisions for credit losses      
Provisions for credit losses 3,839 1,514 (1,155)
Other      
Provisions for credit losses      
Provisions for credit losses 204 41 (191)
Discount revenue      
Non-interest revenues      
Total non-interest revenues 33,416 30,739 24,563
Net card fees      
Non-interest revenues      
Total non-interest revenues 7,255 6,070 5,195
Service fees and other revenue      
Non-interest revenues      
Total non-interest revenues 5,005 4,521 3,316
Processed revenue      
Non-interest revenues      
Total non-interest revenues $ 1,705 $ 1,637 $ 1,556
[1] Represents net income less (i) earnings allocated to participating share awards of $64 million, $57 million and $56 million for the years ended December 31, 2023, 2022 and 2021, respectively, (ii) dividends on preferred shares of $58 million, $57 million and $71 million for the years ended December 31, 2023, 2022 and 2021, respectively, and (iii) equity-related adjustments of $16 million related to the redemption of preferred shares for the year ended December 31, 2021.