Reportable Operating Segments and Geographic Operations (Tables)

12 Months Ended

Dec. 31, 2023

The following table presents certain selected financial information for our reportable operating segments and Corporate & Other as of or for the years ended December 31, 2023, 2022 and 2021:


(Millions, except where indicated)	USCS		CS		ICS		GMNS		Corporate & Other (a)		Consolidated
2023
Total non-interest revenues	$	18,464	$	12,931	$	9,472	$	6,620	$	(106)	$	47,381
Revenue from contracts with customers (b)	13,715		11,379		6,155		6,006		(37)		37,218
Interest income	12,336		3,328		2,076		57		2,186		19,983
Interest expense	2,684		1,483		1,118		(719)		2,283		6,849
Total revenues net of interest expense	28,116		14,776		10,430		7,396		(203)		60,515
Pretax income (loss)	5,433		2,861		973		3,656		(2,410)		10,513
Total assets (billions)	$	107	$	55	$	42	$	24	$	33	$	261
2022
Total non-interest revenues	$	16,440	$	12,196	$	8,262	$	6,123	$	(54)	$	42,967
Revenue from contracts with customers (b)	12,478		10,844		5,301		5,603		(7)		34,219
Interest income	8,457		2,070		1,453		23		655		12,658
Interest expense	983		697		654		(329)		758		2,763
Total revenues net of interest expense	23,914		13,569		9,061		6,475		(157)		52,862
Pretax income (loss)	5,400		2,880		578		2,954		(2,227)		9,585
Total assets (billions)	$	94	$	51	$	37	$	20	$	26	$	228
2021
Total non-interest revenues	$	12,989	$	9,833	$	6,761	$	5,021	$	26	$	34,630
Revenue from contracts with customers (b)	9,823		8,659		4,368		4,694		172		27,716
Interest income	6,328		1,408		1,116		16		165		9,033
Interest expense	395		330		442		(92)		208		1,283
Total revenues net of interest expense	18,922		10,911		7,435		5,129		(17)		42,380
Pretax income (loss)	5,958		2,936		929		1,874		(1,008)		10,689
Total assets (billions)	$	77	$	45	$	33	$	15	$	19	$	189

(a)Corporate & Other includes adjustments and eliminations for intersegment activity.

(b)Includes discount revenue, certain service fees and other revenue and processed revenues from customers.

Total revenues net of interest expense and pretax income

The following table presents our total revenues net of interest expense and pretax income (loss) from continuing operations in different geographic regions based, in part, upon internal allocations, which necessarily involve management’s judgment.


(Millions)	United States		EMEA(a)		APAC(a)		LACC(a)		Other Unallocated(b)		Consolidated
2023
Total revenues net of interest expense	$	47,140	$	5,633	$	4,372	$	3,571	$	(201)	$	60,515
Pretax income (loss) from continuing operations	10,717		854		592		760		(2,410)		10,513
2022
Total revenues net of interest expense	$	41,396	$	4,871	$	3,835	$	2,917	$	(157)	$	52,862
Pretax income (loss) from continuing operations	10,383		550		376		500		(2,224)		9,585
2021
Total revenues net of interest expense	$	33,103	$	3,643	$	3,418	$	2,238	$	(22)	$	42,380
Pretax income (loss) from continuing operations	10,325		460		420		494		(1,010)		10,689

(a)EMEA represents Europe, the Middle East and Africa; APAC represents Asia Pacific, Australia and New Zealand; and LACC represents Latin America, Canada and the Caribbean.

(b)Other Unallocated includes net costs which are not directly allocated to specific geographic regions, including costs related to the net negative interest spread on excess liquidity funding and executive office operations expenses.