Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023
Cash Flows from Operating Activities
Net income		$ 5,452	$ 3,990
Adjustments to reconcile net income to net cash provided by operating activities:
Provisions for credit losses		2,537	2,253
Depreciation and amortization		811	800
Stock-based compensation		280	248
Deferred taxes		(444)	(852)
Other items	[1]	(728)	240
Originations of loans held-for-sale		0	(54)
Proceeds from sales of loans held-for-sale		0	59
Changes in operating assets and liabilities, net of effects of dispositions and acquisitions:
Other assets		63	(563)
Accounts payable & other liabilities		2,113	(2,575)
Net cash provided by operating activities		10,084	3,546
Cash Flows from Investing Activities
Sale of investments		31	0
Maturities and redemptions of investments		1,534	1,149
Purchase of investments		(762)	(671)
Net increase in loans and Card Member receivables	[2]	(9,061)	(9,013)
Purchase of premises and equipment, net of sales: 2024, $2; 2023, $1		(961)	(736)
Dispositions/(acquisitions), net of cash disposed/acquired		584	(64)
Net cash used in investing activities		(8,635)	(9,335)
Cash Flows from Financing Activities
Net increase in customer deposits		4,630	12,516
Net increase in short-term borrowings	[2]	479	194
Proceeds from long-term debt		7,879	7,966
Payments of long-term debt		(4,151)	(3,856)
Issuance of American Express common shares		46	22
Repurchase of American Express common shares and other		(3,054)	(1,349)
Dividends paid		(973)	(867)
Net cash provided by financing activities		4,856	14,626
Effect of foreign currency exchange rates on cash and cash equivalents		(6)	207
Net increase in cash and cash equivalents		6,299	9,044
Cash and cash equivalents at beginning of period		46,596	33,914
Cash and cash equivalents at end of period		$ 52,895	$ 42,958

[1] Primarily includes the gain recognized on the sale of Accertify (see Note 1), changes in reserves, losses on tax credit investments, gains and losses on fair value hedges, net gains and losses on Amex Ventures investments and changes in equity method investments.

[2] Excludes an increase of $117 million related to non-cash activity during the three months ended March 31, 2023.