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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Non-interest revenues        
Discount revenue $ 4,778 $ 4,889 [1] $ 14,384 $ 14,428
Net card fees 679 680 2,013 2,041
Travel commissions and fees 87 104 271 1,027
Other commissions and fees 640 642 1,891 1,884
Other 504 593 1,493 1,679
Total non-interest revenues 6,688 6,908 20,052 21,059
Interest income        
Interest on loans 1,847 1,753 5,418 5,160
Interest and dividends on investment securities 38 45 120 136
Deposits with banks and other 19 17 60 54
Total interest income 1,904 1,815 5,598 5,350
Interest expense        
Deposits 125 91 337 276
Long-term debt and other 274 329 886 1,026
Total interest expense 399 420 1,223 1,302
Net interest income 1,505 1,395 4,375 4,048
Total revenues net of interest expense 8,193 8,303 24,427 25,107
Provisions for losses        
Charge card 203 196 542 594
Card Member loans 309 265 829 797
Other 17 27 45 71
Total provisions for losses 529 488 1,416 1,462
Total revenues net of interest expense after provisions for losses 7,664 7,815 23,011 23,645
Expenses        
Marketing and promotion 847 783 2,217 2,329
Card Member rewards 1,763 1,695 5,202 5,050
Card Member services and other 269 205 772 619
Salaries and employee benefits 1,212 1,290 3,767 4,488
Other, net 1,635 1,596 4,569 4,393
Total expenses 5,726 5,569 16,527 16,879
Pretax income 1,938 2,246 6,484 6,766
Income tax provision 672 769 2,220 2,328
Net income $ 1,266 $ 1,477 $ 4,264 $ 4,438
Earnings Per Common Share, Basic [Abstract]        
Income from continuing operations attributable to common shareholders $ 1.24 $ 1.41 $ 4.16 $ 4.19
Earnings Per Common Share, Diluted [Abstract]        
Income from continuing operations attributable to common shareholders $ 1.24 $ 1.4 $ 4.15 $ 4.17
Average common shares outstanding for earnings per common share:        
Basic 994 1,041 1,007 1,051
Diluted 997 1,047 1,011 1,057
Cash dividends declared per common share $ 0.29 $ 0.26 $ 0.84 [2] $ 0.75 [2]
[1] Represents net income less ( i ) earnings allocated to participating share awards of $ 10 million and $ 11 million for the three months ended September 30 , 2015 and 2014 , respect ively, and (ii) dividends on preferred shares of $ 22 million and nil for the three months ended September 30 , 2015 and 2014 , respectively.
[2] Represents net income less ( i ) earnings allocate d to participating share awards of $ 32 million and $ 35 million for the nine months ended September 30 , 2015 and 2014 , respectively, and (ii) di vidends on preferred shares of $ 42 million and nil for the nine months ended September 30 , 2015 and 2014 , respectively.