XML 54 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Non-interest revenues        
Discount revenue $ 4,946 $ 4,919 $ 9,606 $ 9,539
Net card fees 667 687 1,334 1,361
Travel commissions and fees 95 500 184 923
Other commissions and fees 632 624 1,251 1,242
Other 521 585 989 1,086
Total non-interest revenues 6,861 7,315 13,364 14,151
Interest income        
Interest on loans 1,776 1,696 3,571 3,407
Interest and dividends on investment securities 41 45 82 91
Deposits with banks and other 20 18 41 37
Total interest income 1,837 1,759 3,694 3,535
Interest expense        
Deposits 109 91 212 185
Long-term debt and other 305 352 612 697
Total interest expense 414 443 824 882
Net interest income 1,423 1,316 2,870 2,653
Total revenues net of interest expense 8,284 8,631 16,234 16,804
Provisions for losses        
Charge card 165 183 339 398
Card Member loans 285 282 520 532
Other 17 24 28 44
Total provisions for losses 467 489 887 974
Total revenues net of interest expense after provisions for losses 7,817 8,142 15,347 15,830
Expenses        
Marketing and promotion 761 959 1,370 1,546
Card Member rewards 1,799 1,773 3,439 3,355
Card Member services and other 242 192 503 414
Salaries and employee benefits 1,250 1,658 2,555 3,198
Other, net 1,535 1,248 2,934 2,797
Total expenses 5,587 5,830 10,801 11,310
Pretax income 2,230 2,312 4,546 4,520
Income tax provision 757 783 1,548 1,559
Net income $ 1,473 $ 1,529 $ 2,998 $ 2,961
Earnings Per Common Share, Basic [Abstract]        
Income from continuing operations attributable to common shareholders $ 1.43 [1] $ 1.44 [1] $ 2.92 [2] $ 2.78 [2]
Earnings Per Common Share, Diluted [Abstract]        
Income from continuing operations attributable to common shareholders $ 1.42 [1] $ 1.43 [1] $ 2.9 [2] $ 2.77 [2]
Average common shares outstanding for earnings per common share:        
Basic 1,009 [1] 1,052 [1] 1,013 [2] 1,056 [2]
Diluted 1,013 [1] 1,058 [1] 1,018 [2] 1,062 [2]
Cash dividends declared per common share $ 0.29 [1] $ 0.26 [1] $ 0.55 [2] $ 0.49 [2]
[1] Represents net income less ( i ) earnings allocated to participating share awards of $ 11 million and $ 12 million for the three months ended June 30, 2015 and 2014 , respect ively, and (ii) dividends on preferred shares of $20 million and nil for the three months ended June 30, 2015
[2] Represents net income less ( i ) earnings allocate d to participating share awards of $ 22 million and $ 24 million for the six months ended June 30 , 2015 and 2014 , respectively, and (ii) di vidends on preferred shares of $20 million and nil for the six months ended June 30, 2015 and 2014, respectively.