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Consolidated Statements of Cash Flows (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash Flows from Operating Activities    
Net income $ 2,508 $ 1,902
Income from discontinued operations, net of tax 36 0
Income from continuing operations 2,472 1,902
Adjustments to reconcile net income to net cash provided by operating activities:    
Provisions for losses 454 1,595
Depreciation and amortization 505 441
Deferred taxes and other 380 699
Stock-based compensation 156 131
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:    
Other receivables (86) 202
Other assets (572) 120
Accounts payable and other liabilities 1,526 (81)
Travelers Cheques outstanding (446) (559)
Net cash provided by operating activities 4,389 4,450
Cash Flows from Investing Activities    
Sale of investments 893 1,253
Maturity and redemption of investments 4,497 7,025
Purchase of investments (650) (4,911)
Net decrease in cardmember loans/receivables (1,569) 367
Purchase of premises and equipment, net of sales: 2011, $2; 2010, $6 (558) (322)
Acquisitions/Dispositions, net of cash acquired (582) (254)
Net decrease in restricted cash 3,476 2,327
Net cash provided by investing activities 5,507 5,485
Cash Flows from Financing Activities    
Net increase in customer deposits 2,545 2,068
Net decrease in short-term borrowings 204 298
Issuance of long-term debt 3,328 1,444
Principal payments on long-term debt (8,597) (9,509)
Issuance of American Express common shares 430 295
Repurchase of American Express common shares (750) 0
Dividends paid (433) (433)
Net cash used in financing activities (3,273) (5,837)
Effect of exchange rate changes on cash 103 (10)
Net increase in cash and cash equivalents 6,726 4,088
Cash and cash equivalents at beginning of period 16,356 16,599
Cash and cash equivalents at end of period $ 23,082 $ 20,687