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Consolidated Statements of Income (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Non-interest revenues        
Discount revenue $ 4,278 $ 3,680 $ 8,180 $ 7,102
Net card fees 545 520 1,082 1,041
Travel commissions and fees 523 434 977 819
Other commissions and fees 584 497 1,113 997
Other 537 486 1,012 911
Total non-interest revenues 6,467 5,617 12,364 10,870
Interest income        
Interest and fees on loans 1,611 1,657 3,230 3,432
Interest and dividends on investment securities 99 125 187 242
Deposits with banks and other 18 16 38 29
Total interest income 1,728 1,798 3,455 3,703
Interest expense        
Deposits 131 137 268 265
Short-term borrowings 1 1 1 2
Long-term debt and other 445 472 901 941
Total interest expense 577 610 1,170 1,208
Net interest income 1,151 1,188 2,285 2,495
Total revenues net of interest expense 7,618 6,805 14,649 13,365
Provisions for losses        
Charge card 161 96 359 323
Cardmember loans 176 540 56 1,228
Other 20 16 39 44
Total provisions for losses 357 652 454 1,595
Total revenues net of interest expense after provisions for losses 7,261 6,153 14,195 11,770
Expenses        
Marketing, promotion, rewards and cardmember services 2,581 2,143 5,031 4,130
Salaries and employee benefits 1,595 1,315 3,117 2,642
Professional services 745 636 1,408 1,197
Other, net 575 464 1,142 954
Total 5,496 4,558 10,698 8,923
Pretax income from continuing operations 1,765 1,595 3,497 2,847
Income tax provision 470 578 1,025 945
Income from continuing operations 1,295 1,017 2,472 1,902
Income from discontinued operations, net of tax 36 0 36 0
Net income $ 1,331 $ 1,017 $ 2,508 $ 1,902
Earnings Per Share, Basic [Abstract]        
Income from continuing operations attributable to common shareholders $ 1.08 [1] $ 0.84 [1] $ 2.05 [2] $ 1.58 [2]
Income from discontinued operations, net of tax $ 0.03 [1] $ 0 [1] $ 0.03 [2] $ 0 [2]
Net income attributable to common shareholders $ 1.11 [1] $ 0.84 [1] $ 2.08 [2] $ 1.58 [2]
Earnings Per Share, Diluted [Abstract]        
Income from continuing operations attributable to common shareholders $ 1.07 [1] $ 0.84 [1] $ 2.04 [2] $ 1.57 [2]
Income from discontinued operations, net of tax $ 0.03 [1] $ 0 [1] $ 0.03 [2] $ 0 [2]
Net income attributable to common shareholders $ 1.10 [1] $ 0.84 [1] $ 2.07 [2] $ 1.57 [2]
Average common shares outstanding for earnings per common share:        
Basic 1,190 1,190 1,190 1,188
Diluted 1,197 1,197 1,197 1,194
Common Stock Dividends Per Share Declared [Abstract]        
Cash dividends declared per common share $ 0.18 $ 0.18 $ 0.36 $ 0.36
[1] Represents income from continuing operations or net income, as applicable, less earnings allocated to participating share awards and other items of $15 million and $13 million for the three months ended June 30, 2011 and 2010, respectively.
[2] Represents income from continuing operations or net income, as applicable, less earnings allocated to participating share awards and other items of $30 million and $25 million for the six months ended June 30, 2011 and 2010, respectively.