American Express (AXP) 10-Q 21 Oct 22 2022 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2022	Oct. 12, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Entity File Number	1-7657
Entity Registrant Name	AMERICAN EXPRESS COMPANY
Entity Incorporation, State or Country Code	NY
Entity Tax Identification Number	13-4922250
Entity Address, Address Line One	200 Vesey Street
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10285
City Area Code	212
Local Phone Number	640-2000
Title of 12(b) Security	Common shares (par value $0.20 per share)
Trading Symbol	AXP
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		747,232,696
Entity Central Index Key	0000004962
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Amendment Flag	false

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended				9 Months Ended
	Sep. 30, 2022		Sep. 30, 2021		Sep. 30, 2022		Sep. 30, 2021
Non-interest revenues
Non-interest revenues	$ 10,978		$ 8,934		$ 31,549		$ 24,593
Interest income
Interest on loans	3,164		2,256		8,344		6,494
Interest and dividends on investment securities	27		18		62		66
Deposits with banks and other	183		27		287		73
Total interest income	3,374		2,301		8,693		6,633
Interest expense
Deposits	440		109		749		356
Long-term debt and other	356		198		807		635
Total interest expense	796		307		1,556		991
Net interest income	2,578		1,994		7,137		5,642
Total revenues net of interest expense	13,556		10,928		38,686		30,235
Provisions for credit losses
Total provisions for credit losses	778		(191)		1,155		(1,472)
Total revenues net of interest expense after provisions for credit losses	12,778		11,119		37,531		31,707
Expenses
Card Member rewards	3,571		3,020		10,273		7,975
Business development	1,194		943		3,641		2,634
Card Member services	774		579		2,078		1,328
Marketing	1,458		1,412		4,184		3,706
Salaries and employee benefits	1,748		1,497		5,218		4,586
Other, net	1,574		1,218		4,423		3,095
Total expenses	10,319		8,669		29,817		23,324
Pretax income	2,459		2,450		7,714		8,383
Income tax provision	580		624		1,772		2,042
Net income	$ 1,879		$ 1,826		$ 5,942		$ 6,341
Earnings per Common Share
Basic (in dollars per share)	$ 2.47	[1]	$ 2.27	[1]	$ 7.78	[2]	$ 7.84	[2]
Diluted (in dollars per share)	$ 2.47	[1]	$ 2.27	[1]	$ 7.77	[2]	$ 7.82	[2]
Average common shares outstanding for earnings per common share:
Basic (in shares)	748		786		752		796
Diluted (in shares)	749		787		753		797
Card Member Receivables
Provisions for credit losses
Total provisions for credit losses	$ 165		$ (12)		$ 383		$ (147)
Card Member Loans
Provisions for credit losses
Total provisions for credit losses	596		(177)		757		(1,146)
Other
Provisions for credit losses
Total provisions for credit losses	17		(2)		15		(179)
Discount revenue
Non-interest revenues
Non-interest revenues	7,848		6,369		22,556		17,414
Net card fees
Non-interest revenues
Non-interest revenues	1,541		1,312		4,445		3,851
Service fees and other revenue
Non-interest revenues
Non-interest revenues	1,169		839		3,340		2,182
Processed revenue
Non-interest revenues
Non-interest revenues	$ 420		$ 414		$ 1,208		$ 1,146
[1]Represents net income less (i) earnings allocated to participating share awards of $14 million for both the three months ended September 30, 2022 and 2021, (ii) dividends on preferred shares of $14 million and $20 million for the three months ended September 30, 2022 and 2021, respectively, and (iii) an equity-related adjustment of $9 million related to the redemption of preferred shares for the three months ended September 30, 2021.[2]Represents net income less (i) earnings allocated to participating share awards of $45 million for both the nine months ended September 30, 2022 and 2021, (ii) dividends on preferred shares of $43 million and $49 million for the nine months ended September 30, 2022 and 2021, respectively, and (iii) an equity-related adjustment of $9 million related to the redemption of preferred shares for the nine months ended September 30, 2021.

Consolidated Statements of In_2

Consolidated Statements of Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Statement [Abstract]
Earnings allocated to participating share awards	$ 14	$ 14	$ 45	$ 45
Dividends on preferred shares	14	20	43	49
Equity adjustments in connection with redemption of Preferred Shares	$ 0	$ 9	$ 0	$ 9

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 1,879	$ 1,826	$ 5,942	$ 6,341
Other comprehensive income (loss):
Net unrealized debt securities (losses) gains, net of tax	(39)	(8)	(92)	(31)
Foreign currency translation adjustments, net of hedges and tax	(200)	(83)	(377)	(81)
Net unrealized pension and other postretirement benefits, net of tax	5	9	37	44
Other comprehensive income (loss)	(234)	(82)	(432)	(68)
Comprehensive income	$ 1,645	$ 1,744	$ 5,510	$ 6,273

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Cash and cash equivalents
Cash and due from banks (includes restricted cash of consolidated variable interest entities: 2022, $4; 2021, $11)	$ 3,012	$ 1,292
Interest-bearing deposits in other banks (includes securities purchased under resale agreements: 2022, $293; 2021, $463)	27,167	20,548
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2022, $903; 2021, $32)	1,003	188
Total cash and cash equivalents	31,182	22,028
Investment securities	4,539	2,591
Premises and equipment, less accumulated depreciation and amortization: 2022, $9,519; 2021, $8,602	5,095	4,988
Other assets, less reserves for credit losses: 2022, $22; 2021, $25	18,467	17,244
Total assets	214,915	188,548
Liabilities
Customer deposits	103,463	84,382
Accounts payable	11,021	10,574
Short-term borrowings	1,515	2,243
Long-term debt (includes debt issued by consolidated variable interest entities: 2022, $12,444; 2021, $13,803)	42,393	38,675
Other liabilities	32,583	30,497
Total liabilities	190,975	166,371
Contingencies (Note 7)
Shareholders’ Equity
Preferred shares, $1.662/3 par value, authorized 20 million shares; issued and outstanding 1,600 shares as of September 30, 2022 and December 31, 2021	0	0
Common shares, $0.20 par value, authorized 3.6 billion shares; issued and outstanding 747 million shares as of September 30, 2022 and 761 million shares as of December 31, 2021	150	153
Additional paid-in capital	11,482	11,495
Retained earnings	15,685	13,474
Accumulated other comprehensive income (loss)	(3,377)	(2,945)
Total shareholders’ equity	23,940	22,177
Total liabilities and shareholders’ equity	214,915	188,548
Card Member Receivables
Cash and cash equivalents
Financing receivables, net	55,116	53,581
Card Member Loans
Cash and cash equivalents
Financing receivables, net	95,719	85,257
Other Loans
Cash and cash equivalents
Financing receivables, net	$ 4,797	$ 2,859

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Cash and cash equivalents
Restricted cash	$ 1,360	$ 525
Securities purchased under resale agreements	293	463
Accumulated depreciation and amortization	9,519	8,602
Other assets, reserves for credit losses	22	25
Liabilities
Long-term debt	$ 42,393	$ 38,675
Shareholders’ Equity
Preferred shares, par value (in dollars per share)	$ 1.667	$ 1.667
Preferred shares authorized (in shares)	20,000,000	20,000,000
Preferred shares, issued (in shares)	1,600	1,600
Preferred shares, outstanding (in shares)	1,600	1,600
Common shares, par value (in dollars per share)	$ 0.20	$ 0.20
Common shares, authorized (in shares)	3,600,000,000	3,600,000,000
Common shares, issued (in shares)	747,000,000	761,000,000
Common shares, outstanding (in shares)	747,000,000	761,000,000
Card Member Receivables
Cash and cash equivalents
Financing receivables, gross	$ 55,275	$ 53,645
Allowance for credit losses	159	64
Card Member Loans
Cash and cash equivalents
Financing receivables, gross	99,038	88,562
Allowance for credit losses	3,319	3,305
Other Loans
Cash and cash equivalents
Allowance for credit losses	46	52
Variable Interest Entity, Primary Beneficiary
Cash and cash equivalents
Restricted cash	4	11
Restricted investments	903	32
Liabilities
Long-term debt	12,444	13,803
Variable Interest Entity, Primary Beneficiary | Card Member Receivables
Cash and cash equivalents
Financing receivables, gross	5,849	5,175
Variable Interest Entity, Primary Beneficiary | Card Member Loans
Cash and cash equivalents
Financing receivables, gross	$ 26,713	$ 26,587

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021
Cash Flows from Operating Activities
Net income		$ 5,942	$ 6,341
Adjustments to reconcile net income to net cash provided by operating activities:
Provisions for credit losses		1,155	(1,472)
Depreciation and amortization		1,208	1,276
Stock-based compensation		282	256
Deferred taxes		(749)	153
Other non-cash items	[1]	535	(599)
Originations of loans held-for-sale		(185)	0
Proceeds from sales of loans held-for-sale		180	0
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Other assets		409	863
Accounts payable & other liabilities		3,870	2,819
Net cash provided by operating activities		12,647	9,637
Cash Flows from Investing Activities
Sale of investment securities		25	37
Maturities and redemptions of investment securities		1,738	12,803
Purchase of investments		(3,890)	(1,179)
Net increase in Card Member loans and receivables, and other loans		(19,431)	(9,790)
Purchase of premises and equipment, net of sales: 2022, $1; 2021, $41		(1,342)	(1,079)
Acquisitions/dispositions, net of cash acquired		(15)	1
Net cash (used in) provided by investing activities		(22,915)	793
Cash Flows from Financing Activities
Net increase (decrease) in customer deposits		19,148	(2,534)
Net (decrease) increase in short-term borrowings		(438)	428
Proceeds from long-term debt		20,740	38
Payments of long-term debt		(16,549)	(8,247)
Issuance of American Express preferred shares		0	1,584
Redemption of American Express preferred shares		0	(850)
Issuance of American Express common shares		54	54
Repurchase of American Express common shares and other		(2,862)	(4,681)
Dividends paid		(1,160)	(1,090)
Net cash provided by (used in) financing activities		18,933	(15,298)
Effect of foreign currency exchange rates on cash and cash equivalents		489	(181)
Net increase (decrease) in cash and cash equivalents		9,154	(5,049)
Cash and cash equivalents at beginning of period		22,028	32,965
Cash and cash equivalents at end of period		$ 31,182	$ 27,916
[1]Includes net gains and losses on fair value hedges, changes in equity method investments and net gains and losses on Amex Ventures investments.

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021	Dec. 31, 2020
Statement of Cash Flows [Abstract]
Sales of premises and equipment	$ 1	$ 41
Cash and cash equivalents reconciliation
Total cash and cash equivalents	31,182	27,916	$ 22,028	$ 32,965
Restricted balances included in Cash and cash equivalents	1,360	475	525	606
Total Cash and cash equivalents, excluding restricted balances	$ 29,822	$ 27,441	$ 21,503	$ 32,359

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Millions	Total	Preferred Shares	Common Shares	Additional Paid-in Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings	Series B Preferred Stock	Series B Preferred Stock Retained Earnings	Series C Preferred Stock	Series C Preferred Stock Retained Earnings	Series D Preferred Stock	Series D Preferred Stock Retained Earnings
Beginning Balance at Dec. 31, 2020	$ 22,984	$ 0	$ 161	$ 11,881	$ (2,895)	$ 13,837
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	6,341					6,341
Other comprehensive loss	(68)				(68)	0
Preferred shares issued	1,584			1,584		0
Redemption of preferred shares	(850)			(841)		(9)
Repurchase of common shares	(4,646)		(6)	(400)		(4,240)
Other changes, primarily employee plans	160		1	177		(18)
Cash dividends declared preferred							$ (21)	$ (21)	$ (22)	$ (22)	$ (6)	$ (6)
Cash dividends declared common	(1,030)					(1,030)
Ending Balance at Sep. 30, 2021	24,426	0	156	12,401	(2,963)	14,832
Beginning Balance at Jun. 30, 2021	25,539	0	160	11,858	(2,881)	16,402
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,826					1,826
Other comprehensive loss	(82)				(82)	0
Preferred shares issued	1,584			1,584		0
Redemption of preferred shares	(850)			(841)		(9)
Repurchase of common shares	(3,300)		(4)	(266)		(3,030)
Other changes, primarily employee plans	66			66		0
Cash dividends declared preferred							$ (7)	$ (7)	$ (7)	$ (7)	(6)	(6)
Cash dividends declared common	(337)					(337)
Ending Balance at Sep. 30, 2021	24,426	0	156	12,401	(2,963)	14,832
Beginning Balance at Dec. 31, 2021	22,177	0	153	11,495	(2,945)	13,474
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	5,942					5,942
Other comprehensive loss	(432)				(432)	0
Repurchase of common shares	(2,694)		(3)	(240)		(2,451)
Other changes, primarily employee plans	168			227		(59)
Cash dividends declared preferred											(43)	(43)
Cash dividends declared common	(1,178)					(1,178)
Ending Balance at Sep. 30, 2022	23,940	0	150	11,482	(3,377)	15,685
Beginning Balance at Jun. 30, 2022	23,235	0	151	11,476	(3,143)	14,751
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,879					1,879
Other comprehensive loss	(234)				(234)	0
Repurchase of common shares	(600)		(1)	(61)		(538)
Other changes, primarily employee plans	65			67		(2)
Cash dividends declared preferred											$ (14)	$ (14)
Cash dividends declared common	(391)					(391)
Ending Balance at Sep. 30, 2022	$ 23,940	$ 0	$ 150	$ 11,482	$ (3,377)	$ 15,685

Consolidated Statements of Sh_2

Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Cash dividends declared
Common stock, dividend per share (in dollars per share)	$ 0.52	$ 0.43	$ 1.56	$ 1.29
Series B Preferred Stock
Cash dividends declared
Preferred stock, dividend per share (in dollars per share)		9,059.25		27,438.85
Series C Preferred Stock
Cash dividends declared
Preferred stock, dividend per share (in dollars per share)		8,698.8		26,317.47
Series D Preferred Stock
Cash dividends declared
Preferred stock, dividend per share (in dollars per share)	$ 9,072.22	$ 4,240.28	$ 27,019.44	$ 4,240.28

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The Company We are a globally integrated payments company that provides our customers with access to products, insights and experiences that enrich lives and build business success. Our principal products and services are credit and charge card products, along with travel and lifestyle related services, offered to consumers and businesses around the world. Our various products and services are offered globally to diverse customer groups, including consumers, small businesses, mid-sized companies and large corporations. These products and services are offered through various channels, including mobile and online applications, affiliate marketing, customer referral programs, third-party service providers and business partners, direct mail, telephone, in-house sales teams and direct response advertising. The accompanying Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2021 (the 2021 Form 10-K). If not materially different, certain note disclosures included therein have been omitted from these Consolidated Financial Statements. The interim Consolidated Financial Statements included in this report have not been audited. In the opinion of management, all adjustments, which consist of normal recurring adjustments necessary for a fair statement of the interim Consolidated Financial Statements, have been made. Results of operations reported for interim periods are not necessarily indicative of results for the entire year. The preparation of Consolidated Financial Statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and the disclosures of contingent assets and liabilities. These accounting estimates reflect the best judgment of management, but actual results could differ. Effective for the first quarter of 2022, we made the following reporting presentation changes to our Consolidated Statements of Income: Within Non-interest revenues: • Processed revenue represents revenues earned from processed volumes, previously reported in Discount revenue, Other fees and commissions and Other revenue. • Service fees and other revenue combines the remaining balances from Other fees and commissions and Other revenue. Within Total expenses: • Disaggregated Marketing and business development expense into Business Development expense and Marketing expense. Prior period amounts have been recast to conform with current period presentation; there was no impact to Total non-interest revenues or Total expenses. Effective for the third quarter of 2022, we realigned our reportable segments to reflect organizational changes announced during the second quarter of 2022. Prior periods have been recast to conform to the new reportable operating segments, which are as follows: • U.S. Consumer Services (USCS), which issues a wide range of proprietary consumer cards and provides services to U.S. consumers, including travel and lifestyle services as well as banking and non-card financing products. • Commercial Services (CS), which issues a wide range of proprietary corporate and small business cards and provides services to U.S. businesses, including payment and expense management, banking and non-card financing products. CS also issues proprietary corporate cards and provides services to select global corporate clients. • International Card Services (ICS), which issues a wide range of proprietary consumer, small business and corporate cards outside the United States. ICS also provides services to our international customers, including travel and lifestyle services, and manages certain international joint ventures and our loyalty coalition businesses. • Global Merchant and Network Services (GMNS), which operates a global payments network that processes and settles card transactions, acquires merchants and provides multi-channel marketing programs and capabilities, services and data analytics, leveraging our global integrated network. GMNS manages our partnership relationships with third-party card issuers (including our network partnership agreements in China), merchant acquirers and a prepaid reloadable and gift card program manager, licensing the American Express brand and extending the reach of the global network. Corporate functions and certain other businesses and operations are included in Corporate & Other. The significant Consolidated Statements of Income accounting policies below provides updates to the significant accounting policy disclosures as presented in the 2021 Form 10-K to reflect the reporting presentation changes. Discount Revenue Discount revenue represents the amount we earn and retain from the merchant payable for facilitating transactions on payment products issued by American Express. The amount of fees charged for accepting our cards as payment, or merchant discount, varies with, among other factors, the industry in which the merchant conducts business, the merchant’s overall American Express-related transaction volume, the method of payment, the settlement terms with the merchant, the method of submission of transactions and, in certain instances, the geographic scope of the card acceptance agreement between the merchant and us (e.g., local or global) and the transaction amount. Discount revenue is generally recorded at the time the Card Member transaction occurs. Card acceptance agreements, which include the agreed-upon terms for charging the merchant discount fee, vary in duration. Our contracts with small- and mid-sized merchants generally have no fixed contractual duration, while those with large merchants are generally for fixed periods, which typically range from three In cases where the merchant acquirer is a third party (which is the case, for example, under our OptBlue program, or with certain of our network partners), we receive a network rate fee in our settlement with the merchant acquirer, which is individually negotiated between us and that merchant acquirer and is recorded as discount revenue at the time the Card Member transaction occurs. Service Fees and Other Revenue Service fees and other revenue includes service fees earned from merchants and other customers and travel commissions and fees, which are generally recognized in the period when the service is performed, and delinquency and foreign currency-related fees, which are primarily recognized in the period when they are charged to the Card Member. In addition, Service fees and other revenue includes income (losses) from our investments in which we have significant influence and therefore account for under the equity method. Processed Revenue Processed revenue primarily represents amounts earned for facilitating transactions on cards issued by network partners. In our role as the operator of the American Express network, we settle with merchants and our third-party merchant acquirers on behalf of our network card issuing partners. The amount of fees charged for accepting American Express-branded cards are generally deducted from the payment to the merchant or third-party merchant acquirer and recorded as Processed revenue at the time the Card Member transaction occurs. Our network card issuing partners receive an issuer rate that is individually negotiated between that issuer and us and is recorded as contra-revenue within Processed revenue to the extent that there is revenue from the same customer, after which any additional issuer rate is recorded as expense in Business development. Processed revenue also includes other fees related to network partnership agreements and fees earned on alternative payment solutions, all of which are generally recognized when the service is performed. Business Development Business development expense includes payments to our cobrand partners, corporate client incentive payments earned on achievement of pre-set targets and certain payments to network partners. These costs are generally expensed as incurred. Marketing Marketing includes costs incurred in the development and initial placement of advertising, which are expensed in the period in which the advertising first takes place. All other marketing expenses are generally expensed as incurred. Recently Issued Accounting Standards

Loans and Card Member Receivabl

Loans and Card Member Receivables	9 Months Ended
	Sep. 30, 2022
Receivables [Abstract]
Loans and Card Member Receivables	Loans and Card Member Receivables Our lending and charge payment card products that we offer to consumer, small business and corporate customers result in the generation of Card Member loans and Card Member receivables. We also extend credit to customers through non-card financing products, resulting in Other loans. Card Member and Other loans as of September 30, 2022 and December 31, 2021 consisted of: (Millions) 2022 2021 Consumer (a) $ 76,966 $ 70,467 Small Business 22,018 18,040 Corporate 54 55 Card Member loans 99,038 88,562 Less: Reserves for credit losses 3,319 3,305 Card Member loans, net $ 95,719 $ 85,257 Other loans, net (b) $ 4,797 $ 2,859 (a) Includes approximately $26.7 billion and $26.6 billion of gross Card Member loans available to settle obligations of a consolidated variable interest entity (VIE) as of September 30, 2022 and December 31, 2021, respectively. (b) Other loans are presented net of reserves for credit losses of $46 million and $52 million as of September 30, 2022 and December 31, 2021, respectively. Card Member receivables as of September 30, 2022 and December 31, 2021 consisted of: (Millions) 2022 2021 Consumer $ 20,366 $ 22,392 Small Business 18,969 17,977 Corporate (a) 15,940 13,276 Card Member receivables 55,275 53,645 Less: Reserves for credit losses 159 64 Card Member receivables, net $ 55,116 $ 53,581 (a) Includes $5.8 billion and $5.2 billion of gross Card Member receivables available to settle obligations of a consolidated VIE as of September 30, 2022 and December 31, 2021, respectively. Card Member Loans and Receivables Aging Generally, a Card Member account is considered past due if payment due is not received within 30 days after the billing statement date. The following table presents the aging of Card Member loans and receivables as of September 30, 2022 and December 31, 2021: 2022 (Millions) Current 30-59 60-89 90+ Total Card Member Loans: Consumer $ 76,283 $ 229 $ 154 $ 300 $ 76,966 Small Business 21,857 61 38 62 22,018 Corporate (a) (b) (b) (b) — 54 Card Member Receivables: Consumer 20,161 77 47 81 20,366 Small Business $ 18,722 $ 103 $ 57 $ 87 $ 18,969 Corporate (a) (b) (b) (b) $ 98 $ 15,940 2021 (Millions) Current 30-59 60-89 90+ Total Card Member Loans: Consumer $ 69,960 $ 158 $ 112 $ 237 $ 70,467 Small Business 17,950 34 19 37 18,040 Corporate (a) (b) (b) (b) — 55 Card Member Receivables: Consumer 22,279 41 24 48 22,392 Small Business $ 17,846 $ 59 $ 28 $ 44 $ 17,977 Corporate (a) (b) (b) (b) $ 42 $ 13,276 (a) For corporate accounts, delinquency data is tracked based on days past billing status rather than days past due. A Card Member account is considered 90 days past billing if payment has not been received within 90 days of the Card Member’s billing statement date. In addition, if we initiate collection procedures on an account prior to the account becoming 90 days past billing, the associated Card Member loan or receivable balance is classified as 90 days past billing. These amounts are shown above as 90+ Days Past Due for presentation purposes. See also (b). (b) Delinquency data for periods other than 90+ days past billing is not available due to system constraints. Therefore, such data has not been utilized for risk management purposes. The balances that are current to 89 days past due can be derived as the difference between the Total and the 90+ Days Past Due balances. Credit Quality Indicators for Card Member Loans and Receivables The following tables present the key credit quality indicators as of or for the nine months ended September 30: 2022 2021 Net Write-Off Rate Net Write-Off Rate Principal Only (a) Principal, Interest & Fees (a) 30+ Days Past Due as a % of Total Principal Only (a) Principal, Interest & Fees (a) 30+ Days Past Due as a % of Total Card Member Loans: Consumer 0.9 % 1.1 % 0.9 % 1.1 % 1.4 % 0.7 % Small Business 0.6 % 0.7 % 0.7 % 0.7 % 0.8 % 0.5 % Card Member Receivables: Consumer 0.7 % 0.8 % 1.0 % 0.3 % 0.4 % 0.5 % Small Business 0.9 % 1.0 % 1.3 % 0.3 % 0.4 % 0.6 % Corporate (d) (b) 0.3 % (c) (b) (0.1) % (c) (a) We present a net write-off rate based on principal losses only (i.e., excluding interest and/or fees) to be consistent with industry convention. In addition, as our practice is to include uncollectible interest and/or fees as part of our total provision for credit losses, a net write-off rate including principal, interest and/or fees is also presented. (b) Net write-off rate based on principal losses only is not available due to system constraints. (c) For corporate receivables, delinquency data is tracked based on days past billing status rather than days past due. Delinquency data for periods other than 90+ days past billing is not available due to system constraints. 90+ days past billing as a % of total was 0.6% and 0.3% as of September 30, 2022 and 2021, respectively. (d) The net write-off rate for the nine months ended September 30, 2021 includes a $37 million partial recovery in Card Member receivables related to a corporate client bankruptcy, which resulted in a write-off in 2020. Refer to Note 3 for additional indicators, including external environmental qualitative factors, management considers in its evaluation process for reserves for credit losses. Impaired Loans and Receivables Impaired loans and receivables are individual larger balance or homogeneous pools of smaller balance loans and receivables for which it is probable that we will be unable to collect all amounts due according to the original contractual terms of the customer agreement. We consider impaired loans and receivables to include (i) loans over 90 days past due still accruing interest, (ii) non-accrual loans and (iii) loans and receivables modified as troubled debt restructurings (TDRs). In instances where the customer is experiencing financial difficulty, we may modify, through various financial relief programs, loans and receivables with the intention to minimize losses and improve collectability, while providing customers with temporary or permanent financial relief. We have classified loans and receivables in these modification programs as TDRs and continue to classify customer accounts that have exited a modification program as a TDR, with such accounts identified as “Out of Program TDRs.” The following tables provide additional information with respect to our impaired loans and receivables as of September 30, 2022 and December 31, 2021: As of September 30, 2022 Accounts Classified as a TDR (c) 2022 (Millions) Over 90 days Past Due & Accruing Interest (a) Non- Accruals (b) In Program (d) Out of Program (e) Total Reserve for Credit Losses - TDRs Card Member Loans: Consumer $ 197 $ 110 $ 672 $ 1,057 $ 2,036 $ 302 Small Business 38 24 210 372 644 92 Corporate — — — — — — Card Member Receivables: Consumer — — 204 171 375 13 Small Business — — 341 405 746 32 Corporate — — 1 6 7 — Other Loans (f) 3 1 25 1 30 — Total $ 238 $ 135 $ 1,453 $ 2,012 $ 3,838 $ 439 As of December 31, 2021 Accounts Classified as a TDR (c) 2021 (Millions) Over 90 days Past Due & Accruing Interest (a) Non- Accruals (b) In Program (d) Out of Program (e) Total Reserve for Credit Losses - TDRs Card Member Loans: Consumer $ 149 $ 82 $ 708 $ 997 $ 1,936 $ 415 Small Business 19 14 176 332 541 132 Corporate — — — — — — Card Member Receivables: Consumer — — 133 130 263 9 Small Business — — 247 297 544 39 Corporate — — 1 6 7 — Other Loans (f) 1 — 67 2 70 1 Total $ 169 $ 96 $ 1,332 $ 1,764 $ 3,361 $ 596 (a) Our policy is generally to accrue interest through the date of write-off (typically 180 days past due). We establish reserves for interest that we believe will not be collected. Amounts presented exclude loans classified as a TDR. (b) Non-accrual loans not in modification programs primarily include certain loans placed with outside collection agencies for which we have ceased accruing interest. Amounts presented exclude loans classified as TDRs. (c) Accounts classified as a TDR include $45 million and $41 million that are over 90 days past due and accruing interest as of September 30, 2022 and December 31, 2021, respectively, and $14 million and $19 million that are non-accruals as of September 30, 2022 and December 31, 2021, respectively. (d) In Program TDRs include accounts that are currently enrolled in a modification program. (e) Out of Program TDRs include $1.9 billion and $1.6 billion of accounts that have successfully completed a modification program and $141 million and $143 million of accounts that were not in compliance with the terms of the modification programs as of September 30, 2022 and December 31, 2021, respectively. (f) Other loans primarily represent consumer and commercial non-card financing products. Loans and Receivables Modified as TDRs The following tables provide additional information with respect to loans and receivables that were modified as TDRs during the three and nine months ended September 30, 2022 and 2021: Three Months Ended Nine Months Ended Number of Account Balances (millions) (a) Average Interest Average Payment Number of Account Balances (millions) (a) Average Interest Average Payment Troubled Debt Restructurings: Card Member Loans 44 $ 285 14 (b) 97 $ 633 14 (b) Card Member Receivables 7 258 (c) 20 18 591 (c) 19 Other Loans (d) 1 3 2 16 3 $ 5 2 16 Total 52 $ 546 118 $ 1,229 Three Months Ended Nine Months Ended Number of Account Balances (millions) (a) Average Interest Average Payment Number of Account Balances (millions) (a) Average Interest Average Payment Troubled Debt Restructurings: Card Member Loans 26 $ 177 13 (b) 87 $ 636 13 (b) Card Member Receivables 5 114 (c) 17 16 314 (c) 18 Other Loans (d) 1 $ 2 3 17 3 $ 12 3 16 Total 32 $ 293 106 $ 962 (a) Represents the outstanding balance immediately prior to modification. The outstanding balance includes principal, fees and accrued interest on loans and principal and fees on receivables. Modifications did not reduce the principal balance. (b) For Card Member loans, there have been no payment term extensions. (c) We do not offer interest rate reduction programs for Card Member receivables as the receivables are non-interest bearing. (d) Other loans primarily represent consumer and commercial non-card financing products. The following tables provide information with respect to loans and receivables modified as TDRs that subsequently defaulted within twelve months of modification. A customer can miss up to three payments before being considered in default, depending on the terms of the modification program. Three Months Ended Nine Months Ended Number of Accounts (thousands) Aggregated Outstanding Balances Upon Default (millions) (a) Number of Aggregated Outstanding Balances Upon Default (millions) (a) Troubled Debt Restructurings That Subsequently Defaulted: Card Member Loans 4 $ 18 12 $ 70 Card Member Receivables 1 7 3 27 Other Loans (b) — — — — Total 5 $ 25 15 $ 97 Three Months Ended Nine Months Ended Number of Accounts (thousands) Aggregated Outstanding Balances Upon Default (millions) (a) Number of Aggregated Outstanding Balances Upon Default (millions) (a) Troubled Debt Restructurings That Subsequently Defaulted: Card Member Loans 4 $ 32 20 $ 148 Card Member Receivables 1 10 5 48 Other Loans (b) 1 1 3 $ 9 Total 6 $ 43 28 $ 205 (a) The outstanding balances upon default include principal, fees and accrued interest on loans, and principal and fees on receivables. (b) Other loans primarily represent consumer and commercial non-card financing products.

Reserves for Credit Losses

Reserves for Credit Losses	9 Months Ended
	Sep. 30, 2022
Receivables [Abstract]
Reserve for Credit Losses	Reserves for Credit Losses Reserves for credit losses represent our best estimate of the expected credit losses in our outstanding portfolio of Card Member loans and receivables as of the balance sheet date. The CECL methodology requires us to estimate lifetime expected credit losses by incorporating historical loss experience, as well as current and future economic conditions over a reasonable and supportable period (R&S Period), which is approximately three years, beyond the balance sheet date. We make various judgments combined with historical loss experience to determine a reserve rate that is applied to the outstanding loan or receivable balance to produce a reserve for expected credit losses. We use a combination of statistically-based models that incorporate current and future economic conditions throughout the R&S Period. The process of estimating expected credit losses is based on several key models: Probability of Default (PD), Exposure at Default (EAD), and future recoveries for each month of the R&S Period. Beyond the R&S Period, we estimate expected credit losses by immediately reverting to long-term average loss rates. • PD models are used to estimate the likelihood an account will be written-off. • EAD models are used to estimate the balance of an account at the time of write-off. This includes balances less expected repayments based on historical payment and revolve behavior, which vary by customer. Due to the nature of revolving loan portfolios, the EAD models are complex and involve assumptions regarding the relationship between future spend and payment behaviors. • Recovery models are used to estimate amounts that are expected to be received from Card Members after default occurs, typically as a result of collection efforts. Future recoveries are estimated taking into consideration the time of default, time elapsed since default and macroeconomic conditions. We also estimate the likelihood and magnitude of recovery of previously written off accounts considering how long ago the account was written off and future economic conditions, even if such expected recoveries exceed expected losses. Our models are developed using historical loss experience covering the economic cycle and consider the impact of account characteristics on expected losses. Future economic conditions that are incorporated over the R&S Period include multiple macroeconomic scenarios provided to us by an independent third party. Management reviews these economic scenarios each period and applies judgment to weight them in order to reflect the uncertainty surrounding these scenarios. These macroeconomic scenarios contain certain variables, including unemployment rates and real gross domestic product (GDP), that are significant to our models. We also evaluate whether to include qualitative reserves to cover losses that are expected but, in our assessment, may not be adequately represented in the quantitative methods or the economic assumptions. We consider whether to adjust the quantitative reserves (higher or lower) to address possible limitations within the models or factors not included within the models, such as external conditions, emerging portfolio trends, the nature and size of the portfolio, portfolio concentrations, the volume and severity of past due accounts, or management risk actions. Lifetime losses for most of our loans and receivables are evaluated at an appropriate level of granularity, including assessment on a pooled basis where financial assets share similar risk characteristics, such as past spend and remittance behaviors, credit bureau scores where available, delinquency status, tenure of balance outstanding, amongst others. Credit losses on accrued interest are measured and presented as part of Reserves for credit losses on the Consolidated Balance Sheets and within the Provisions for credit losses in the Consolidated Statements of Income, rather than reversing interest income. Separate models are used for accounts deemed a troubled debt restructuring, which are measured individually and incorporate a discounted cash flow model. Loans and receivable balances are written off when we consider amounts to be uncollectible, which is generally determined by the number of days past due and is typically no later than 180 days past due for pay in full or revolving loans and 120 days past due for term loans. Loans and receivables in bankruptcy or owed by deceased individuals are generally written off upon notification. The following table reflects the range of macroeconomic scenario key variables used, in conjunction with other inputs, to calculate reserves for credit losses: U.S. Unemployment Rate U.S. GDP Growth (Contraction) (a) September 30, 2022 December 31, 2021 September 30, 2022 December 31, 2021 Third quarter of 2022 4% 4% - 8% 2% 3% - (2)% Fourth quarter of 2022 4% - 6% 4% - 9% 1% - (1)% 2% - 1% Fourth quarter of 2023 4% - 8% 3% - 7% 3% - 2% 4% - 3% Fourth quarter of 2024 4% - 6% 4% -6% 4% - 3% 3% (a) Real GDP quarter over quarter percentage change seasonally adjusted to annualized rates. Changes in Card Member Loans Reserve for Credit Losses Card Member loans reserve for credit losses increased for the three months ended September 30, 2022, primarily driven by an increase in loans outstanding and deterioration in the macroeconomic outlook. Card Member loans reserve for credit losses increased for the nine months ended September 30, 2022, primarily driven by an increase in loans outstanding and deterioration in the macroeconomic outlook, partially offset by a reduction in COVID-19 pandemic-driven reserves. Card Member loans reserve for credit losses decreased for both the three and nine months ended September 30, 2021, driven by lower delinquencies and improved portfolio quality and macroeconomic outlook, partially offset by an increase in loans outstanding. The following table presents changes in the Card Member loans reserve for credit losses for the three and nine months ended September 30: Three Months Ended September 30, Nine Months Ended September 30, (Millions) 2022 2021 2022 2021 Beginning Balance $ 2,997 $ 3,835 $ 3,305 $ 5,344 Provisions (a) 596 (177) 757 (1,146) Net write-offs (b) Principal (203) (118) (560) (544) Interest and fees (56) (43) (161) (164) Other (c) (15) (8) (22) (1) Ending Balance $ 3,319 $ 3,489 $ 3,319 $ 3,489 (a) Provisions for principal, interest and fee reserve components. Provisions for credit losses includes reserve build (release) and replenishment for net write-offs. (b) Principal write-offs are presented less recoveries of $133 million and $167 million for the three months ended September 30, 2022 and 2021, respectively, and $415 million and $507 million for the nine months ended September 30, 2022 and 2021, respectively. Recoveries of interest and fees were not significant. Amounts include net (write-offs) recoveries from TDRs of $(48) million and $(36) million for the three months ended September 30, 2022 and 2021, respectively, and $(156) million and $(124) million for the nine months ended September 30, 2022 and 2021, respectively. (c) Primarily includes foreign currency translation adjustments of $(16) million and $(8) million for the three months ended September 30, 2022 and 2021, respectively, and $(22) million and $(2) million for the nine months ended September 30, 2022 and 2021, respectively. Changes in Card Member Receivables Reserve for Credit Losses Card Member receivables reserve for credit losses increased for the three months ended September 30, 2022, primarily driven by higher delinquencies. Card Member receivables reserve for credit losses increased for the nine months ended September 30, 2022, primarily driven by an increase in receivables outstanding and higher delinquencies. Card Member receivables reserve for credit losses decreased for both the three and nine months ended September 30, 2021, driven by lower delinquencies and improved portfolio quality and macroeconomic outlook, partially offset by an increase in receivables outstanding. The following table presents changes in the Card Member receivables reserve for credit losses for the three and nine months ended September 30: Three Months Ended September 30, Nine Months Ended September 30, (Millions) 2022 2021 2022 2021 Beginning Balance $ 119 $ 73 $ 64 $ 267 Provisions (a) 165 (12) 383 (147) Net write-offs (b) (122) (32) (284) (89) Other (c) (3) 1 (4) (1) Ending Balance $ 159 $ 30 $ 159 $ 30 (a) Provisions for principal and fee reserve components. Provisions for credit losses includes reserve build (release) and replenishment for net write-offs. (b) Net write-offs are presented less recoveries of $60 million and $79 million for the three months ended September 30, 2022 and 2021, respectively, and $195 million and $303 million for the nine months ended September 30, 2022 and 2021, respectively. Amounts include net (write-offs) recoveries from TDRs of $(19) million and $(15) million for the three months ended September 30, 2022 and 2021, respectively, and $(48) million and $(51) million for the nine months ended September 30, 2022 and 2021, respectively. (c) Primarily includes foreign currency translation adjustments of $(2) million and nil for the three months ended September 30, 2022 and 2021, respectively, and $(4) million and $(1) million for the nine months ended September 30, 2022 and 2021, respectively.

Investment Securities

Investment Securities	9 Months Ended
	Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment Securities Investment securities principally include available-for-sale debt securities carried at fair value on the Consolidated Balance Sheets. Unrealized losses attributable to credit deterioration are recorded in the Consolidated Statements of Income in Other loans Provision for credit losses. Unrealized gains and any portion of a security’s unrealized loss attributable to non-credit losses are recorded in the Consolidated Statements of Comprehensive Income, net of tax. We had accrued interest on our available-for-sale debt securities totaling $15 million and $12 million as of September 30, 2022 and December 31, 2021, respectively, presented as Other assets on the Consolidated Balance Sheets. Investment securities also include equity securities carried at fair value on the Consolidated Balance Sheets with unrealized gains and losses recorded in the Consolidated Statements of Income as Other, net expense. Realized gains and losses are recognized upon disposition of the securities using the specific identification method and recorded in the Consolidated Statements of Income as Other, net expense. The following is a summary of investment securities as of September 30, 2022 and December 31, 2021: 2022 2021 Description of Securities (Millions) Cost Gross Gross Estimated Cost Gross Gross Estimated Available-for-sale debt securities: State and municipal obligations $ 66 $ — $ (11) $ 55 $ 106 $ 5 $ — $ 111 U.S. Government agency obligations 5 — — 5 6 — — 6 U.S. Government treasury obligations 3,844 — (77) 3,767 1,680 25 (1) 1,704 Mortgage-backed securities (a) 13 — — 13 17 1 — 18 Foreign government bonds and obligations 627 — (3) 624 630 — — 630 Other (b) 32 — — 32 43 — — 43 Equity securities (c) 53 — (10) 43 66 17 (4) 79 Total $ 4,640 $ — $ (101) $ 4,539 $ 2,548 $ 48 $ (5) $ 2,591 (a) Represents mortgage-backed securities guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae. (b) Represents investments in Corporate debt securities and debt securities issued by Community Development Financial Institutions. (c) Equity securities comprise investments in common stock, exchange-traded funds and mutual funds. The following table provides information about our available-for-sale debt securities with gross unrealized losses and the length of time that individual securities have been in a continuous unrealized loss position as of September 30, 2022 and December 31, 2021: 2022 2021 Less than 12 months 12 months or more Less than 12 months 12 months or more Description of Securities ( Millions ) Estimated Fair Value Gross Estimated Fair Value Gross Estimated Fair Value Gross Estimated Fair Value Gross State and municipal obligations $ 52 $ (11) $ — $ — $ — $ — $ — $ — U.S. Government treasury obligations 3,709 (75) 48 (2) 477 (1) — — Foreign government bonds and obligations 600 (3) — — — — — — Total $ 4,361 $ (89) $ 48 $ (2) $ 477 $ (1) $ — $ — The gross unrealized losses on our available-for-sale debt securities are primarily attributable to an increase in the current benchmark interest rate. Overall, for the available-for-sale debt securities in gross unrealized loss positions, (i) we do not intend to sell the securities, (ii) it is not more likely than not that we will be required to sell the securities before recovery of the unrealized losses, and (iii) we expect that the contractual principal and interest will be received on the securities. We concluded that there was no credit loss attributable to the securities in an unrealized loss position for the periods presented. The following table summarizes the gross unrealized losses by ratio of fair value to amortized cost as of September 30, 2022 and December 31, 2021: Less than 12 months 12 months or more Total Ratio of Fair Value to Amortized Cost ( Dollars in millions ) Number of Estimated Gross Number of Estimated Gross Number of Estimated Gross 2022: 90–100% 84 $ 4,333 $ (79) 1 $ 48 $ (2) 85 $ 4,381 $ (81) Less than 90% 12 28 (10) — $ — $ — 12 $ 28 $ (10) Total as of September 30, 2022 96 $ 4,361 $ (89) 1 $ 48 $ (2) 97 $ 4,409 $ (91) 2021: 90–100% 5 $ 477 $ (1) — $ — $ — 5 $ 477 $ (1) Less than 90% — $ — $ — — $ — $ — — $ — $ — Total as of December 31, 2021 5 $ 477 $ (1) — $ — $ — 5 $ 477 $ (1) Contractual maturities for available-for-sale debt securities with stated maturities as of September 30, 2022 were as follows: (Millions) Cost Estimated Due within 1 year $ 2,359 $ 2,328 Due after 1 year but within 5 years 2,137 2,088 Due after 5 years but within 10 years 30 30 Due after 10 years 61 50 Total $ 4,587 $ 4,496 The expected payments on state and municipal obligations, U.S. Government agency obligations and mortgage-backed securities may not coincide with their contractual maturities because the issuers have the right to call or prepay certain obligations.

Asset Securitizations

Asset Securitizations	9 Months Ended
	Sep. 30, 2022
Asset Securitizations [Abstract]
Asset Securitizations	Asset Securitizations We periodically securitize Card Member loans and receivables arising from our card businesses through the transfer of those assets to securitization trusts, American Express Credit Account Master Trust (the Lending Trust) and American Express Issuance Trust II (the Charge Trust and together with the Lending Trust, the Trusts). The Trusts then issue debt securities collateralized by the transferred assets to third-party investors. The Trusts are considered VIEs as they have insufficient equity at risk to finance their activities, which are to issue debt securities that are collateralized by the underlying Card Member loans and receivables. We perform the servicing and key decision making for the Trusts, and therefore have the power to direct the activities that most significantly impact the Trusts’ economic performance, which are the collection of the underlying Card Member loans and receivables. In addition, we hold all of the variable interests in both Trusts, with the exception of the debt securities issued to third-party investors. Our ownership of variable interests for the Lending Trust was $14.4 billion and $15.0 billion as of September 30, 2022 and December 31, 2021, respectively, and for the Charge Trust was $5.9 billion and $3.2 billion as of September 30, 2022 and December 31, 2021, respectively. These variable interests held by us provide us with the right to receive benefits and the obligation to absorb losses, which could be significant to both the Lending Trust and the Charge Trust. Based on these considerations, we are the primary beneficiary of the Trusts and therefore consolidate the Trusts. Restricted cash and cash equivalents held by the Lending Trust was $907 million and $42 million as of September 30, 2022 and December 31, 2021, respectively, and for the Charge Trust was nil and $1 million as of September 30, 2022 and December 31, 2021, respectively. These amounts relate to collections of Card Member loans and receivables to be used by the Trusts to fund future expenses and obligations, including interest on debt securities, credit losses and upcoming debt maturities. Under the respective terms of the Lending Trust and the Charge Trust agreements, the occurrence of certain triggering events associated with the performance of the assets of each Trust could result in payment of trust expenses, establishment of reserve funds, or, in a worst-case scenario, early amortization of debt securities. During the nine months ended September 30, 2022 and the year ended December 31, 2021, no such triggering events occurred.

Customer Deposits

Customer Deposits	9 Months Ended
	Sep. 30, 2022
Deposits [Abstract]
Customer Deposits	Customer Deposits As of September 30, 2022 and December 31, 2021, customer deposits were categorized as interest-bearing or non-interest-bearing as follows: (Millions) 2022 2021 U.S.: Interest-bearing $ 102,441 $ 83,304 Non-interest-bearing (includes Card Member credit balances of: 2022, $509; 2021, $527) 556 553 Non-U.S.: Interest-bearing 15 18 Non-interest-bearing (includes Card Member credit balances of: 2022, $448; 2021, $503) 451 507 Total customer deposits $ 103,463 $ 84,382 Customer deposits by deposit type as of September 30, 2022 and December 31, 2021 were as follows: (Millions) 2022 2021 Savings and transaction accounts $ 72,862 $ 66,142 Certificates of deposit: Direct 1,998 1,415 Third-party (brokered) 11,216 3,095 Sweep accounts – Third-party (brokered) 16,388 12,658 Other deposits 42 42 Card Member credit balances 957 1,030 Total customer deposits $ 103,463 $ 84,382 The scheduled maturities of certificates of deposit as of September 30, 2022 were as follows: (Millions) 2022 2023 2024 2025 2026 After 5 Years Total Certificates of deposit $ 373 $ 4,557 $ 6,069 $ 1,647 $ 29 $ 539 $ 13,214 As of September 30, 2022 and December 31, 2021, certificates of deposit in denominations of $250,000 or more, in the aggregate, were as follows: (Millions) 2022 2021 U.S. $ 735 $ 521 Non-U.S. 1 1 Total $ 736 $ 522

Contingencies

Contingencies	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies In the ordinary course of business, we and our subsidiaries are subject to various pending and potential legal actions, arbitration proceedings, claims, investigations, examinations, regulatory proceedings, information gathering requests, subpoenas, inquiries and matters relating to compliance with laws and regulations (collectively, legal proceedings). Based on our current knowledge, and taking into consideration our litigation-related liabilities, we do not believe we are a party to, nor are any of our properties the subject of, any legal proceeding that would have a material adverse effect on our consolidated financial condition or liquidity. However, in light of the uncertainties involved in such matters, including the fact that some pending legal proceedings are at preliminary stages or seek an indeterminate amount of damages, it is possible that the outcome of legal proceedings could have a material impact on our results of operations. Certain legal proceedings involving us or our subsidiaries are described below. On February 25, 2020, we were named as a defendant in a case filed in the Superior Court of California, Los Angeles County, captioned Laurelwood Cleaners LLC v. American Express Co., et al. , in which the plaintiff seeks a public injunction in California prohibiting American Express from enforcing its anti-steering and non-discrimination provisions and from requiring merchants “to offer the service of Amex-card acceptance for free.” The case has been stayed pending the outcome of arbitration proceedings. On January 29, 2019, we were named in a putative class action brought in the United States District Court for the Eastern District of New York, captioned Anthony Oliver, et al. v. American Express Company and American Express Travel Related Services Company Inc. , in which the plaintiffs are holders of MasterCard, Visa and/or Discover credit cards (but not American Express cards) and allege they paid higher prices as a result of our anti-steering and non-discrimination provisions in violation of federal antitrust law and the antitrust and consumer laws of various states. Plaintiffs seek unspecified damages and other forms of relief. The court dismissed plaintiffs’ federal antitrust claim, numerous state antitrust and consumer protection claims and their unjust enrichment claim. The remaining claims in plaintiffs’ complaint arise under the antitrust laws of 11 states and the consumer protection laws of six states. On March 8, 2016, plaintiffs B&R Supermarket, Inc. d/b/a Milam’s Market and Grove Liquors LLC, on behalf of themselves and others, filed a suit, captioned B&R Supermarket, Inc. d/b/a Milam’s Market, et al. v. Visa Inc., et al. , for violations of the Sherman Antitrust Act, the Clayton Antitrust Act, California’s Cartwright Act and unjust enrichment in the United States District Court for the Northern District of California, against American Express Company, other credit and charge card networks, other issuing banks and EMVCo, LLC. Plaintiffs allege that the defendants, through EMVCo, conspired to shift liability for fraudulent, faulty and otherwise rejected consumer credit card transactions from themselves to merchants after the implementation of EMV chip payment terminals. Plaintiffs seek damages and injunctive relief. An amended complaint was filed on July 15, 2016. On September 30, 2016, the court denied our motion to dismiss as to claims brought by merchants who do not accept American Express cards, and on May 4, 2017, the California court transferred the case to the United States District Court for the Eastern District of New York. On August 28, 2020, the court granted plaintiffs' motion for class certification. In July 2004, we were named as a defendant in a putative class action filed in the Southern District of New York and subsequently transferred to the Eastern District of New York, captioned The Marcus Corporation v. American Express Co., et al. , in which the plaintiffs allege an unlawful antitrust tying arrangement between certain of our charge cards and credit cards in violation of various state and federal laws. The plaintiffs in this action seek injunctive relief and an unspecified amount of damages. In 2006, Mawarid Investments Limited filed a request for confidential arbitration under the 1998 London Court of International Arbitration Rules in connection with certain claims arising under a shareholders agreement between Mawarid and American Express Travel Related Services Company, Inc. relating to a joint venture between the parties, Amex (Middle East) BSC(c) (AEME). In 2008, the tribunal rendered a partial award, including a direction that an audit should take place to verify whether acquirer discount revenue related to transactions occurring with airlines located in the Middle East region had been properly allocated to AEME since its inception in 1992. In September 2021, the tribunal rendered a further partial award regarding the location of transactions through non-physical channels. In May 2022, the tribunal further clarified the 2021 partial award and the discount rate that should apply to transactions through non-physical channels. A final award is now expected in the first half of 2023. We are being challenged in a number of countries regarding our application of value-added taxes (VAT) to certain of our international transactions, which are in various stages of audit, or are being contested in legal actions. While we believe we have complied with all applicable tax laws, rules and regulations in the relevant jurisdictions, the tax authorities may determine that we owe additional VAT. In certain jurisdictions where we are contesting the assessments, we were required to pay the VAT assessments prior to contesting. Our legal proceedings range from cases brought by a single plaintiff to class actions with millions of putative class members to governmental proceedings. These legal proceedings involve various lines of business and a variety of claims (including, but not limited to, common law tort, contract, application of tax laws, antitrust and consumer protection claims), some of which present novel factual allegations and/or unique legal theories. While some matters pending against us specify the damages sought, many seek an unspecified amount of damages or are at very early stages of the legal process. Even when the amount of damages claimed against us are stated, the claimed amount may be exaggerated and/or unsupported. As a result, some matters have not yet progressed sufficiently through discovery and/or development of important factual information and legal issues to enable us to estimate an amount of loss or a range of possible loss, while other matters have progressed sufficiently such that we are able to estimate an amount of loss or a range of possible loss. We have accrued for certain of our outstanding legal proceedings. An accrual is recorded when it is both (a) probable that a loss has occurred and (b) the amount of loss can be reasonably estimated. There may be instances in which an exposure to loss exceeds the accrual. We evaluate, on a quarterly basis, developments in legal proceedings that could cause an increase or decrease in the amount of the accrual that has been previously recorded, or a revision to the disclosed estimated range of possible losses, as applicable. For those disclosed legal proceedings where a loss is reasonably possible in future periods, whether in excess of a recorded accrual for legal or tax contingencies, or where there is no such accrual, and for which we are able to estimate a range of possible loss, the current estimated range is zero to $160 million in excess of any accruals related to those matters. This range represents management’s estimate based on currently available information and does not represent our maximum loss exposure; actual results may vary significantly. As such legal proceedings evolve, we may need to increase our range of possible loss or recorded accruals. In addition, it is possible that significantly increased merchant steering or other actions impairing the Card Member experience as a result of an adverse resolution in one or any combination of the disclosed merchant cases could have a material adverse effect on our business and results of operations.

Derivatives and Hedging Activit

Derivatives and Hedging Activities	9 Months Ended
	Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Hedging Activities	Derivatives and Hedging Activities We use derivative financial instruments to manage exposures to various market risks. These instruments derive their value from an underlying variable or multiple variables, including interest rates and foreign exchange rates, and are carried at fair value on the Consolidated Balance Sheets. These instruments enable end users to increase, reduce or alter exposure to various market risks and, for that reason, are an integral component of our market risk management. We do not transact in derivatives for trading purposes. A majority of our derivative assets and liabilities as of September 30, 2022 and December 31, 2021 are subject to master netting agreements with our derivative counterparties. Accordingly, where appropriate, we have elected to present derivative assets and liabilities with the same counterparty on a net basis in the Consolidated Balance Sheets. In relation to our credit risk, certain of our bilateral derivative agreements include provisions that allow our counterparties to terminate the agreement in the event of a downgrade of our debt credit rating below investment grade and settle the outstanding net liability position. As of September 30, 2022, these derivatives were not in a material net liability position. Based on our assessment of the credit risk of our derivative counterparties and our own credit risk as of September 30, 2022 and December 31, 2021, no credit risk adjustment to the derivative portfolio was required. The following table summarizes the total fair value, excluding interest accruals, of derivative assets and liabilities as of September 30, 2022 and December 31, 2021: Other Assets Fair Value Other Liabilities Fair Value (Millions) 2022 2021 2022 2021 Derivatives designated as hedging instruments: Fair value hedges - Interest rate contracts (a) $ — $ 204 $ 223 $ — Net investment hedges - Foreign exchange contracts 954 219 75 54 Total derivatives designated as hedging instruments 954 423 298 54 Derivatives not designated as hedging instruments: Foreign exchange contracts and other 941 167 270 85 Total derivatives, gross 1,895 590 568 139 Derivative asset and derivative liability netting (b) (269) (93) (269) (93) Cash collateral netting (c) (64) (204) (223) (4) Total derivatives, net $ 1,562 $ 293 $ 76 $ 42 (a) For our centrally cleared derivatives, variation margin payments are legally characterized as settlement payments as opposed to collateral. (b) Represents the amount of netting of derivative assets and derivative liabilities executed with the same counterparty under an enforceable master netting arrangement. (c) Represents the offsetting of the fair value of bilateral interest rate contracts and certain foreign exchange contracts with the right to cash collateral held from the counterparty or cash collateral posted with the counterparty. We posted $10 million and $11 million as of September 30, 2022 and December 31, 2021, respectively, as initial margin on our centrally cleared interest rate swaps; such amounts are recorded within Other assets on the Consolidated Balance Sheets and are not netted against the derivative balances. Fair Value Hedges We are exposed to interest rate risk associated with our fixed-rate debt obligations. At the time of issuance, certain fixed-rate long-term debt obligations are designated in fair value hedging relationships, using interest rate swaps, to economically convert the fixed interest rate to a floating interest rate. We had $8.1 billion and $12.9 billion of fixed-rate debt obligations designated in fair value hedging relationships as of September 30, 2022 and December 31, 2021, respectively. The following table presents the gains and losses recognized in Interest expense on the Consolidated Statements of Income associated with the fair value hedges of our fixed-rate long-term debt for the three and nine months ended September 30: Gains (losses) Three Months Ended Nine Months Ended (Millions) 2022 2021 2022 2021 Fixed-rate long-term debt $ 121 $ 59 $ 485 $ 257 Derivatives designated as hedging instruments (121) (58) (488) (257) Total $ — $ 1 $ (3) $ — The carrying values of the hedged liabilities, recorded within Long-term debt on the Consolidated Balance Sheets, were $7.8 billion and $13.1 billion as of September 30, 2022 and December 31, 2021, respectively, including the cumulative amount of fair value hedging adjustments of $(248) million and $237 million for the respective periods. We recognized in Interest expense on Long-term debt a net increase of $3 million and a net decrease $60 million for the three months ended September 30, 2022 and 2021, respectively, and net decreases of 88 million and $196 million for the nine months ended September 30, 2022 and 2021, respectively, primarily related to the net settlements including interest accruals on our interest rate derivatives designated as fair value hedges. Net Investment Hedges We primarily designate foreign currency derivatives as net investment hedges to reduce our exposure to changes in currency exchange rates on our investments in non-U.S. subsidiaries. We had notional amounts of approximately $12.5 billion and $12.6 billion of foreign currency derivatives designated as net investment hedges as of September 30, 2022 and December 31, 2021, respectively. The gain or loss on net investment hedges, net of taxes, recorded in Accumulated other comprehensive income (loss) (AOCI) as part of the cumulative translation adjustment, were gains of $520 million and $155 million for the three months ended September 30, 2022 and 2021, respectively, and gains of $728 million and $53 million for the nine months ended September 30, 2022 and 2021, respectively. Net investment hedge reclassifications out of AOCI into the Consolidated Statements of Income were not significant for any of the three and nine months ended September 30, 2022 and 2021. Derivatives Not Designated as Hedges The changes in the fair value of derivatives that are not designated as hedges are intended to offset the related foreign exchange gains or losses of the underlying foreign currency exposures. We had notional amounts of approximately $19.7 billion and $19.0 billion as of September 30, 2022 and December 31, 2021, respectively. The changes in the fair value of the derivatives and the related underlying foreign currency exposures resulted in a net gain of $23 million and a net loss of $10 million for the three months ended September 30, 2022 and 2021, respectively, and a net gain of $10 million and a net loss of $24 million for the nine months ended September 30, 2022 and 2021, respectively, that are recognized in Other, net expenses in the Consolidated Statements of Income.

Fair Values

Fair Values	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Fair Values	Fair Values Financial Assets and Financial Liabilities Carried at Fair Value The following table summarizes our financial assets and financial liabilities measured at fair value on a recurring basis, categorized by GAAP’s fair value hierarchy, as of September 30, 2022 and December 31, 2021: 2022 2021 (Millions) Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Assets: Investment securities: (a) Equity securities $ 43 $ 42 $ 1 $ — $ 79 $ 78 $ 1 $ — Debt securities 4,496 — 4,464 32 2,512 — 2,480 32 Derivatives, gross (a)(b) 1,895 — 1,876 19 590 — 590 — Total Assets 6,434 42 6,341 51 3,181 78 3,071 32 Liabilities: Derivatives, gross (a) 568 — 568 — 139 — 139 — Total Liabilities $ 568 $ — $ 568 $ — $ 139 $ — $ 139 $ — (a) Refer to Note 4 for the fair values of investment securities and to Note 8 for the fair values of derivative assets and liabilities on a further disaggregated basis. (b) Level 3 fair value reflects an embedded derivative. Management reviews and applies judgment to the valuation of the embedded derivative that is performed by an independent third party using a Monte Carlo simulation that models a range of probable future stock prices based on implied volatility in a risk neutral framework. Refer to Note 8 for additional information about this embedded derivative. Financial Assets and Financial Liabilities Carried at Other Than Fair Value The following table summarizes the estimated fair values of our financial assets and financial liabilities that are measured at amortized cost, and not required to be carried at fair value on a recurring basis, as of September 30, 2022 and December 31, 2021. The fair values of these financial instruments are estimates based upon the market conditions and perceived risks as of September 30, 2022 and December 31, 2021, and require management’s judgment. These figures may not be indicative of future fair values, nor can the fair value of American Express be estimated by aggregating the amounts presented. Carrying Corresponding Fair Value Amount 2022 (Billions) Total Level 1 Level 2 Level 3 Financial Assets: Financial assets for which carrying values equal or approximate fair value Cash and cash equivalents (a) $ 31 $ 31 $ 29 $ 2 $ — Other financial assets (b) 58 58 — 58 — Financial assets carried at other than fair value Card Member and Other loans, less reserves (c) 101 104 — — 104 Financial Liabilities: Financial liabilities for which carrying values equal or approximate fair value 115 115 — 115 — Financial liabilities carried at other than fair value Certificates of deposit (d) 13 13 — 13 — Long-term debt (c) $ 42 $ 41 $ — $ 41 $ — Carrying Corresponding Fair Value Amount 2021 (Billions) Total Level 1 Level 2 Level 3 Financial Assets: Financial assets for which carrying values equal or approximate fair value Cash and cash equivalents (a) $ 22 $ 22 $ 20 $ 2 $ — Other financial assets (b) 56 56 — 56 — Financial assets carried at other than fair value Card Member and Other loans, less reserves (c) 88 91 — — 91 Financial Liabilities: Financial liabilities for which carrying values equal or approximate fair value 105 105 — 105 — Financial liabilities carried at other than fair value Certificates of deposit (d) 5 5 — 5 — Long-term debt (c) $ 39 $ 40 $ — $ 40 $ — (a) Level 2 fair value amounts reflect time deposits and short-term investments. (b) Balances include Card Member receivables (including fair values of Card Member receivables of $5.8 billion and $5.2 billion held by a consolidated VIE as of September 30, 2022 and December 31, 2021, respectively), other receivables and other miscellaneous assets. (c) Balances include amounts held by a consolidated VIE for which the fair values of Card Member loans were $26.7 billion as of both September 30, 2022 and December 31, 2021, and the fair values of Long-term debt were $12.1 billion and $13.9 billion as of September 30, 2022 and December 31, 2021, respectively. (d) Presented as a component of Customer deposits on the Consolidated Balance Sheets. Nonrecurring Fair Value Measurements We have certain assets that are subject to measurement at fair value on a nonrecurring basis. For these assets, measurement at fair value in periods subsequent to their initial recognition is applicable if they are determined to be impaired or where there are observable price changes for equity investments without readily determinable fair values. We estimate the Level 3 fair value of equity investments without readily determinable fair values based on price changes as of the date of new similar equity financing transactions completed by the companies in our portfolio. The carrying value of equity investments without readily determinable fair values totaled $1.2 billion and $1.3 billion as of September 30, 2022 and December 31, 2021, respectively. These amounts are included within Other assets on the Consolidated Balance Sheets. We recorded unrealized gains of $6 million and $103 million for the three months ended September 30, 2022 and 2021, respectively, and $94 million and $730 million for the nine months ended September 30, 2022 and 2021, respectively. Unrealized losses including any impairments were $51 million and nil for the three months ended September 30, 2022 and 2021, respectively, and $153 million and $2 million for the nine months ended September 30, 2022 and 2021 respectively. Since the adoption of new accounting guidance on the recognition and measurement of financial assets and financial liabilities on January 1, 2018, cumulative unrealized gains for equity investments without readily determinable fair values totaled $1.2 billion and $1.1 billion as of September 30, 2022 and December 31, 2021, respectively, and cumulative unrealized losses including any impairments were $159 million and $10 million as of September 30, 2022 and December 31, 2021, respectively. In addition, we also have certain equity investments measured at fair value using the net asset value practical expedient. Such investments were immaterial as of both September 30, 2022 and December 31, 2021.

Guarantees

Guarantees	9 Months Ended
	Sep. 30, 2022
Guarantees [Abstract]
Guarantees	Guarantees The maximum potential undiscounted future payments and related liability resulting from guarantees and indemnifications provided by us in the ordinary course of business were $1 billion and $28 million, respectively, as of September 30, 2022, and $1 billion and $24 million, respectively, as of December 31, 2021, all of which were primarily related to our real estate arrangements and business dispositions. To date, we have not experienced any significant losses related to guarantees or indemnifications. Our recognition of these instruments is at fair value. In addition, we establish reserves when a loss is probable and the amount can be reasonably estimated.

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Sep. 30, 2022
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Changes In Accumulated Other Comprehensive Income (Loss)	Changes in Accumulated Other Comprehensive Income (Loss) AOCI is comprised of items that have not been recognized in earnings but may be recognized in earnings in the future when certain events occur. Changes in each component for the three and nine months ended September 30, 2022 and 2021 were as follows: Three Months Ended September 30, 2022 (Millions), net of tax Net Unrealized Foreign Currency Translation Adjustment Gains (Losses), net of hedges (a) Net Unrealized Accumulated Other Balances as of June 30, 2022 $ (30) $ (2,569) $ (544) $ (3,143) Net change (39) (200) 5 (234) Balances as of September 30, 2022 $ (69) $ (2,769) $ (539) $ (3,377) Nine Months Ended September 30, 2022 (Millions), net of tax Net Unrealized Foreign Currency Translation Adjustment Gains (Losses), net of hedges (a) Net Unrealized Accumulated Other Balances as of December 31, 2021 $ 23 $ (2,392) $ (576) $ (2,945) Net change (92) (377) 37 (432) Balances as of September 30, 2022 $ (69) $ (2,769) $ (539) $ (3,377) Three Months Ended September 30, 2021 (Millions), net of tax Net Unrealized Gains (Losses) on Debt Securities Foreign Currency Translation Adjustment Gains (Losses), net of hedges (a) Net Unrealized Accumulated Other Comprehensive Income (Loss) Balances as of June 30, 2021 $ 42 $ (2,227) $ (696) $ (2,881) Net change (8) (83) 9 (82) Balances as of September 30, 2021 $ 34 $ (2,310) $ (687) $ (2,963) Nine Months Ended September 30, 2021 (Millions), net of tax Net Unrealized Gains (Losses) on Debt Securities Foreign Currency Translation Adjustment Gains (Losses), net of hedges (a) Net Unrealized Accumulated Other Comprehensive Income (Loss) Balances as of December 31, 2020 $ 65 $ (2,229) $ (731) $ (2,895) Net change (31) (81) 44 (68) Balances as of September 30, 2021 $ 34 $ (2,310) $ (687) $ (2,963) (a) Refer to Note 8 for additional information on hedging activity. The following table shows the tax impact for the three and nine months ended September 30 for the changes in each component of AOCI presented above: Tax expense (benefit) Three Months Ended Nine Months Ended (Millions) 2022 2021 2022 2021 Net unrealized (losses) gains on debt securities $ (13) $ (3) $ (29) $ (9) Foreign currency translation adjustment, net of hedges 169 45 231 15 Pension and other postretirement benefits 16 5 33 18 Total tax impact $ 172 $ 47 $ 235 $ 24 Reclassifications out of AOCI into the Consolidated Statements of Income, net of taxes, were not significant for any of the three and nine months ended September 30, 2022 and 2021.

Service Fees and Other Revenue

Service Fees and Other Revenue and Other Expenses	9 Months Ended
	Sep. 30, 2022
Service Fees and Other Revenue and Other Expenses [Abstract]
Service Fees and Other Revenue and Other Expenses	Service Fees and Other Revenue and Other Expenses The following is a detail of Service fees and other revenue for the three and nine months ended September 30: Three Months Ended Nine Months Ended (Millions) 2022 2021 2022 2021 Service fees $ 353 $ 340 $ 1,072 $ 1,014 Foreign currency-related revenue 338 169 867 414 Delinquency fees 211 167 583 460 Travel commissions and fees 155 74 374 165 Other fees and revenues 112 89 444 129 Total Service fees and other revenue $ 1,169 $ 839 $ 3,340 $ 2,182 The following is a detail of Other expenses for the three and nine months ended September 30: Three Months Ended Nine Months Ended (Millions) 2022 2021 2022 2021 Data processing and equipment $ 651 $ 613 $ 1,874 $ 1,772 Professional services 500 490 1,473 1,351 Net unrealized and realized losses (gains) on Amex Ventures investments 47 (142) 68 (773) Other 376 257 1,008 745 Total Other expenses $ 1,574 $ 1,218 $ 4,423 $ 3,095

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The effective tax rate was 23.6 percent and 25.5 percent for the three months ended September 30, 2022 and 2021, respectively, and 23.0 percent and 24.4 percent for the nine months ended September 30, 2022 and 2021, respectively. The decrease in the effective tax rate for the three month period primarily reflected changes in the geographic mix of pretax income. The decrease in the effective tax rate for the nine month period primarily reflected discrete tax benefits in the current period related to the resolution of certain prior years' tax items and stock-based compensation. We are under continuous examination by the Internal Revenue Service (IRS) and tax authorities in other countries and states in which we have significant business operations. The tax years under examination and open for examination vary by jurisdiction. We are currently under examination by the IRS for the 2017 and 2018 tax years. We believe it is reasonably possible that our unrecognized tax benefits could decrease within the next twelve months by as much as $173 million, principally as a result of potential resolutions of prior years’ tax items with various taxing authorities. The prior years’ tax items include unrecognized tax benefits relating to the deductibility of certain expenses or losses and the attribution of taxable income to a particular jurisdiction or jurisdictions. Of the $173 million of unrecognized tax benefits, approximately $137 million relates to amounts that, if recognized, would impact the effective tax rate in a future period.

Earnings Per Common Share (EPS)

Earnings Per Common Share (EPS)	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Earnings Per Common Share (EPS)	Earnings Per Common Share (EPS) The computations of basic and diluted EPS for the three and nine months ended September 30 were as follows: Three Months Ended Nine Months Ended (Millions, except per share amounts) 2022 2021 2022 2021 Numerator: Basic and diluted: Net income $ 1,879 $ 1,826 $ 5,942 $ 6,341 Preferred dividends (14) (20) (43) (49) Equity-related adjustment (a) — (9) — (9) Net income available to common shareholders $ 1,865 $ 1,797 $ 5,899 $ 6,283 Earnings allocated to participating share awards (b) (14) (14) (45) (45) Net income attributable to common shareholders $ 1,851 $ 1,783 $ 5,854 $ 6,238 Denominator: (a) Basic: Weighted-average common stock 748 786 752 796 Add: Weighted-average stock options (c) 1 1 1 1 Diluted 749 787 753 797 Basic EPS $ 2.47 $ 2.27 $ 7.78 $ 7.84 Diluted EPS $ 2.47 $ 2.27 $ 7.77 $ 7.82 (a) Represents the difference between the redemption value and carrying value of the Series C preferred shares, which were redeemed on September 15, 2021. The carrying value represents the original issuance proceeds, net of underwriting fees and offering costs for the Series C preferred shares. (b) Our unvested restricted stock awards, which include the right to receive non-forfeitable dividends or dividend equivalents, are considered participating securities. Calculations of EPS under the two-class method exclude from the numerator any dividends paid or owed on participating securities and any undistributed earnings considered to be attributable to participating securities. The related participating securities are similarly excluded from the denominator. (c) The dilutive effect of unexercised stock options excludes from the computation of EPS 0.26 million and 0.01 million of options for the three months ended September 30, 2022 and 2021, respectively, and 0.23 million and 0.01 million of options for the nine months ended September 30, 2022 and 2021, respectively, because inclusion of the options would have been anti-dilutive.

Reportable Operating Segments

Reportable Operating Segments	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
Reportable Operating Segments	Reportable Operating Segments Effective for the third quarter of 2022, we realigned our reportable operating segments to reflect organizational changes announced during the second quarter of 2022. Refer to Note 1 for further details. Prior periods have been recast to conform to the new reportable operating segments. The following table presents certain selected financial information for our reportable operating segments and Corporate & Other as of or for the three and nine months ended September 30: Three Months Ended September 30, 2022 (Millions, except where indicated) USCS CS ICS GMNS Corporate & Other (a) Consolidated Total non-interest revenues $ 4,233 $ 3,145 $ 2,066 $ 1,562 $ (28) $ 10,978 Revenue from contracts with customers (b) 3,200 2,791 1,332 1,423 (13) 8,733 Interest income 2,251 552 364 6 201 3,374 Interest expense 274 201 178 (97) 240 796 Total revenues net of interest expense 6,210 3,496 2,252 1,665 (67) 13,556 Pretax segment income (loss) $ 1,309 $ 774 $ 166 $ 792 $ (582) $ 2,459 Total assets (billions) $ 85 $ 51 $ 33 $ 15 $ 31 $ 215 Nine Months Ended September 30, 2022 (Millions, except where indicated) USCS CS ICS GMNS Corporate & Other (a) Consolidated Total non-interest revenues $ 12,024 $ 8,986 $ 6,065 $ 4,502 $ (28) $ 31,549 Revenue from contracts with customers (b) 9,139 8,003 3,857 4,131 14 25,144 Interest income 5,880 1,435 1,035 13 330 8,693 Interest expense 513 409 445 (202) 391 1,556 Total revenues net of interest expense 17,391 10,012 6,655 4,717 (89) 38,686 Pretax segment income (loss) $ 4,114 $ 2,333 $ 593 $ 2,263 $ (1,589) $ 7,714 Total assets (billions) $ 85 $ 51 $ 33 $ 15 $ 31 $ 215 Three Months Ended September 30, 2021 (Millions, except where indicated) USCS CS ICS GMNS Corporate & Other (a) Consolidated Total non-interest revenues $ 3,372 $ 2,558 $ 1,732 $ 1,294 $ (22) $ 8,934 Revenue from contracts with customers (b) 2,566 2,250 1,116 1,212 (6) 7,138 Interest income 1,613 365 278 4 41 2,301 Interest expense 89 81 114 (24) 47 307 Total revenues net of interest expense 4,896 2,842 1,896 1,322 (28) 10,928 Pretax segment income (loss) $ 1,251 $ 699 $ 269 $ 513 $ (282) $ 2,450 Total assets (billions) $ 68 $ 41 $ 30 $ 14 $ 31 $ 184 Nine Months Ended September 30, 2021 (Millions, except where indicated) USCS CS ICS GMNS Corporate & Other (a) Consolidated Total non-interest revenues $ 9,291 $ 7,053 $ 4,814 $ 3,589 $ (154) $ 24,593 Revenue from contracts with customers (b) 6,967 6,174 3,060 3,370 (18) 19,553 Interest income 4,647 1,020 827 12 127 6,633 Interest expense 310 253 309 (61) 180 991 Total revenues net of interest expense 13,628 7,820 5,332 3,662 (207) 30,235 Pretax segment income (loss) $ 4,677 $ 2,219 $ 889 $ 1,399 $ (801) $ 8,383 Total assets (billions) $ 68 $ 41 $ 30 $ 14 $ 31 $ 184 (a) Corporate & Other includes adjustments and eliminations for intersegment activity. (b) Includes discount revenue, certain service fees and other revenue and processed revenues from customers.

Basis of Presentation (Policies

Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	The preparation of Consolidated Financial Statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and the disclosures of contingent assets and liabilities. These accounting estimates reflect the best judgment of management, but actual results could differ.
Total Revenue	Discount Revenue Discount revenue represents the amount we earn and retain from the merchant payable for facilitating transactions on payment products issued by American Express. The amount of fees charged for accepting our cards as payment, or merchant discount, varies with, among other factors, the industry in which the merchant conducts business, the merchant’s overall American Express-related transaction volume, the method of payment, the settlement terms with the merchant, the method of submission of transactions and, in certain instances, the geographic scope of the card acceptance agreement between the merchant and us (e.g., local or global) and the transaction amount. Discount revenue is generally recorded at the time the Card Member transaction occurs. Card acceptance agreements, which include the agreed-upon terms for charging the merchant discount fee, vary in duration. Our contracts with small- and mid-sized merchants generally have no fixed contractual duration, while those with large merchants are generally for fixed periods, which typically range from three In cases where the merchant acquirer is a third party (which is the case, for example, under our OptBlue program, or with certain of our network partners), we receive a network rate fee in our settlement with the merchant acquirer, which is individually negotiated between us and that merchant acquirer and is recorded as discount revenue at the time the Card Member transaction occurs. Service Fees and Other Revenue Service fees and other revenue includes service fees earned from merchants and other customers and travel commissions and fees, which are generally recognized in the period when the service is performed, and delinquency and foreign currency-related fees, which are primarily recognized in the period when they are charged to the Card Member. In addition, Service fees and other revenue includes income (losses) from our investments in which we have significant influence and therefore account for under the equity method. Processed Revenue Processed revenue primarily represents amounts earned for facilitating transactions on cards issued by network partners. In our role as the operator of the American Express network, we settle with merchants and our third-party merchant acquirers on behalf of our network card issuing partners. The amount of fees charged for accepting American Express-branded cards are generally deducted from the payment to the merchant or third-party merchant acquirer and recorded as Processed revenue at the time the Card Member transaction occurs. Our network card issuing partners receive an issuer rate that is individually negotiated between that issuer and us and is recorded as contra-revenue within Processed revenue to the extent that there is revenue from the same customer, after which any additional issuer rate is recorded as expense in Business development. Processed revenue also includes other fees related to network partnership agreements and fees earned on alternative payment solutions, all of which are generally recognized when the service is performed.
Expenses	Business Development Business development expense includes payments to our cobrand partners, corporate client incentive payments earned on achievement of pre-set targets and certain payments to network partners. These costs are generally expensed as incurred. Marketing Marketing includes costs incurred in the development and initial placement of advertising, which are expensed in the period in which the advertising first takes place. All other marketing expenses are generally expensed as incurred.
Recently Issued Accounting Standards	Recently Issued Accounting StandardsIn March 2022, the Financial Accounting Standards Board issued new accounting guidance on troubled debt restructuring (TDR) and write-offs, effective January 1, 2023, with early adoption permitted. The amendments eliminate the existing TDR guidance for those entities that have adopted Update 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, create a single loan modification accounting model and enhance disclosure requirements for loan modifications and write-offs. We anticipate that we will adopt the updated guidance on January 1, 2023 on a prospective basis and do not expect a material impact to our Consolidated Financial Statements.
Impaired Loans and Receivables	Impaired loans and receivables are individual larger balance or homogeneous pools of smaller balance loans and receivables for which it is probable that we will be unable to collect all amounts due according to the original contractual terms of the customer agreement. We consider impaired loans and receivables to include (i) loans over 90 days past due still accruing interest, (ii) non-accrual loans and (iii) loans and receivables modified as troubled debt restructurings (TDRs). In instances where the customer is experiencing financial difficulty, we may modify, through various financial relief programs, loans and receivables with the intention to minimize losses and improve collectability, while providing customers with temporary or permanent financial relief. We have classified loans and receivables in these modification programs as TDRs and continue to classify customer accounts that have exited a modification program as a TDR, with such accounts identified as “Out of Program TDRs.”
Reserves for Credit Losses	Reserves for credit losses represent our best estimate of the expected credit losses in our outstanding portfolio of Card Member loans and receivables as of the balance sheet date. The CECL methodology requires us to estimate lifetime expected credit losses by incorporating historical loss experience, as well as current and future economic conditions over a reasonable and supportable period (R&S Period), which is approximately three years, beyond the balance sheet date. We make various judgments combined with historical loss experience to determine a reserve rate that is applied to the outstanding loan or receivable balance to produce a reserve for expected credit losses. We use a combination of statistically-based models that incorporate current and future economic conditions throughout the R&S Period. The process of estimating expected credit losses is based on several key models: Probability of Default (PD), Exposure at Default (EAD), and future recoveries for each month of the R&S Period. Beyond the R&S Period, we estimate expected credit losses by immediately reverting to long-term average loss rates. • PD models are used to estimate the likelihood an account will be written-off. • EAD models are used to estimate the balance of an account at the time of write-off. This includes balances less expected repayments based on historical payment and revolve behavior, which vary by customer. Due to the nature of revolving loan portfolios, the EAD models are complex and involve assumptions regarding the relationship between future spend and payment behaviors. • Recovery models are used to estimate amounts that are expected to be received from Card Members after default occurs, typically as a result of collection efforts. Future recoveries are estimated taking into consideration the time of default, time elapsed since default and macroeconomic conditions. We also estimate the likelihood and magnitude of recovery of previously written off accounts considering how long ago the account was written off and future economic conditions, even if such expected recoveries exceed expected losses. Our models are developed using historical loss experience covering the economic cycle and consider the impact of account characteristics on expected losses. Future economic conditions that are incorporated over the R&S Period include multiple macroeconomic scenarios provided to us by an independent third party. Management reviews these economic scenarios each period and applies judgment to weight them in order to reflect the uncertainty surrounding these scenarios. These macroeconomic scenarios contain certain variables, including unemployment rates and real gross domestic product (GDP), that are significant to our models. We also evaluate whether to include qualitative reserves to cover losses that are expected but, in our assessment, may not be adequately represented in the quantitative methods or the economic assumptions. We consider whether to adjust the quantitative reserves (higher or lower) to address possible limitations within the models or factors not included within the models, such as external conditions, emerging portfolio trends, the nature and size of the portfolio, portfolio concentrations, the volume and severity of past due accounts, or management risk actions. Lifetime losses for most of our loans and receivables are evaluated at an appropriate level of granularity, including assessment on a pooled basis where financial assets share similar risk characteristics, such as past spend and remittance behaviors, credit bureau scores where available, delinquency status, tenure of balance outstanding, amongst others. Credit losses on accrued interest are measured and presented as part of Reserves for credit losses on the Consolidated Balance Sheets and within the Provisions for credit losses in the Consolidated Statements of Income, rather than reversing interest income. Separate models are used for accounts deemed a troubled debt restructuring, which are measured individually and incorporate a discounted cash flow model.
Investments	Investment securities principally include available-for-sale debt securities carried at fair value on the Consolidated Balance Sheets. Unrealized losses attributable to credit deterioration are recorded in the Consolidated Statements of Income in Other loans Provision for credit losses. Unrealized gains and any portion of a security’s unrealized loss attributable to non-credit losses are recorded in the Consolidated Statements of Comprehensive Income, net of tax. Investment securities also include equity securities carried at fair value on the Consolidated Balance Sheets with unrealized gains and losses recorded in the Consolidated Statements of Income as Other, net expense. Realized gains and losses are recognized upon disposition of the securities using the specific identification method and recorded in the Consolidated Statements of Income as Other, net expense.
Asset Securitizations	We periodically securitize Card Member loans and receivables arising from our card businesses through the transfer of those assets to securitization trusts, American Express Credit Account Master Trust (the Lending Trust) and American Express Issuance Trust II (the Charge Trust and together with the Lending Trust, the Trusts). The Trusts then issue debt securities collateralized by the transferred assets to third-party investors.The Trusts are considered VIEs as they have insufficient equity at risk to finance their activities, which are to issue debt securities that are collateralized by the underlying Card Member loans and receivables. We perform the servicing and key decision making for the Trusts, and therefore have the power to direct the activities that most significantly impact the Trusts’ economic performance, which are the collection of the underlying Card Member loans and receivables. In addition, we hold all of the variable interests in both Trusts, with the exception of the debt securities issued to third-party investors.These variable interests held by us provide us with the right to receive benefits and the obligation to absorb losses, which could be significant to both the Lending Trust and the Charge Trust. Based on these considerations, we are the primary beneficiary of the Trusts and therefore consolidate the Trusts.
Contingencies	We have accrued for certain of our outstanding legal proceedings. An accrual is recorded when it is both (a) probable that a loss has occurred and (b) the amount of loss can be reasonably estimated. There may be instances in which an exposure to loss exceeds the accrual. We evaluate, on a quarterly basis, developments in legal proceedings that could cause an increase or decrease in the amount of the accrual that has been previously recorded, or a revision to the disclosed estimated range of possible losses, as applicable. For those disclosed legal proceedings where a loss is reasonably possible in future periods, whether in excess of a recorded accrual for legal or tax contingencies, or where there is no such accrual, and for which we are able to estimate a range of possible loss, the current estimated range is zero to $160 million in excess of any accruals related to those matters. This range represents management’s estimate based on currently available information and does not represent our maximum loss exposure; actual results may vary significantly. As such legal proceedings evolve, we may need to increase our range of possible loss or recorded accruals. In addition, it is possible that significantly increased merchant steering or other actions impairing the Card Member experience as a result of an adverse resolution in one or any combination of the disclosed merchant cases could have a material adverse effect on our business and results of operations.
Derivatives	A majority of our derivative assets and liabilities as of September 30, 2022 and December 31, 2021 are subject to master netting agreements with our derivative counterparties. Accordingly, where appropriate, we have elected to present derivative assets and liabilities with the same counterparty on a net basis in the Consolidated Balance Sheets.The changes in the fair value of derivatives that are not designated as hedges are intended to offset the related foreign exchange gains or losses of the underlying foreign currency exposures.
Fair Values	We have certain assets that are subject to measurement at fair value on a nonrecurring basis. For these assets, measurement at fair value in periods subsequent to their initial recognition is applicable if they are determined to be impaired or where there are observable price changes for equity investments without readily determinable fair values. We estimate the Level 3 fair value of equity investments without readily determinable fair values based on price changes as of the date of new similar equity financing transactions completed by the companies in our portfolio. The carrying value of equity investments without readily determinable fair values totaled $1.2 billion and $1.3 billion as of September 30, 2022 and December 31, 2021, respectively. These amounts are included within Other assets on the Consolidated Balance Sheets. We recorded unrealized gains of $6 million and $103 million for the three months ended September 30, 2022 and 2021, respectively, and $94 million and $730 million for the nine months ended September 30, 2022 and 2021, respectively. Unrealized losses including any impairments were $51 million and nil for the three months ended September 30, 2022 and 2021, respectively, and $153 million and $2 million for the nine months ended September 30, 2022 and 2021 respectively. Since the adoption of new accounting guidance on the recognition and measurement of financial assets and financial liabilities on January 1, 2018, cumulative unrealized gains for equity investments without readily determinable fair values totaled $1.2 billion and $1.1 billion as of September 30, 2022 and December 31, 2021, respectively, and cumulative unrealized losses including any impairments were $159 million and $10 million as of September 30, 2022 and December 31, 2021, respectively. In addition, we also have certain equity investments measured at fair value using the net asset value practical expedient. Such investments were immaterial as of both September 30, 2022 and December 31, 2021.
Guarantees	Our recognition of these instruments is at fair value. In addition, we establish reserves when a loss is probable and the amount can be reasonably estimated.

Loans and Card Member Receiva_2

Loans and Card Member Receivables (Tables)	9 Months Ended
	Sep. 30, 2022
Receivables [Abstract]
Card member and other loan detail	Card Member and Other loans as of September 30, 2022 and December 31, 2021 consisted of: (Millions) 2022 2021 Consumer (a) $ 76,966 $ 70,467 Small Business 22,018 18,040 Corporate 54 55 Card Member loans 99,038 88,562 Less: Reserves for credit losses 3,319 3,305 Card Member loans, net $ 95,719 $ 85,257 Other loans, net (b) $ 4,797 $ 2,859 (a) Includes approximately $26.7 billion and $26.6 billion of gross Card Member loans available to settle obligations of a consolidated variable interest entity (VIE) as of September 30, 2022 and December 31, 2021, respectively. (b) Other loans are presented net of reserves for credit losses of $46 million and $52 million as of September 30, 2022 and December 31, 2021, respectively. Card Member receivables as of September 30, 2022 and December 31, 2021 consisted of: (Millions) 2022 2021 Consumer $ 20,366 $ 22,392 Small Business 18,969 17,977 Corporate (a) 15,940 13,276 Card Member receivables 55,275 53,645 Less: Reserves for credit losses 159 64 Card Member receivables, net $ 55,116 $ 53,581 (a) Includes $5.8 billion and $5.2 billion of gross Card Member receivables available to settle obligations of a consolidated VIE as of September 30, 2022 and December 31, 2021, respectively.
Aging of receivables	The following table presents the aging of Card Member loans and receivables as of September 30, 2022 and December 31, 2021: 2022 (Millions) Current 30-59 60-89 90+ Total Card Member Loans: Consumer $ 76,283 $ 229 $ 154 $ 300 $ 76,966 Small Business 21,857 61 38 62 22,018 Corporate (a) (b) (b) (b) — 54 Card Member Receivables: Consumer 20,161 77 47 81 20,366 Small Business $ 18,722 $ 103 $ 57 $ 87 $ 18,969 Corporate (a) (b) (b) (b) $ 98 $ 15,940 2021 (Millions) Current 30-59 60-89 90+ Total Card Member Loans: Consumer $ 69,960 $ 158 $ 112 $ 237 $ 70,467 Small Business 17,950 34 19 37 18,040 Corporate (a) (b) (b) (b) — 55 Card Member Receivables: Consumer 22,279 41 24 48 22,392 Small Business $ 17,846 $ 59 $ 28 $ 44 $ 17,977 Corporate (a) (b) (b) (b) $ 42 $ 13,276 (a) For corporate accounts, delinquency data is tracked based on days past billing status rather than days past due. A Card Member account is considered 90 days past billing if payment has not been received within 90 days of the Card Member’s billing statement date. In addition, if we initiate collection procedures on an account prior to the account becoming 90 days past billing, the associated Card Member loan or receivable balance is classified as 90 days past billing. These amounts are shown above as 90+ Days Past Due for presentation purposes. See also (b). (b) Delinquency data for periods other than 90+ days past billing is not available due to system constraints. Therefore, such data has not been utilized for risk management purposes. The balances that are current to 89 days past due can be derived as the difference between the Total and the 90+ Days Past Due balances.
Credit quality indicators for loans and receivables	The following tables present the key credit quality indicators as of or for the nine months ended September 30: 2022 2021 Net Write-Off Rate Net Write-Off Rate Principal Only (a) Principal, Interest & Fees (a) 30+ Days Past Due as a % of Total Principal Only (a) Principal, Interest & Fees (a) 30+ Days Past Due as a % of Total Card Member Loans: Consumer 0.9 % 1.1 % 0.9 % 1.1 % 1.4 % 0.7 % Small Business 0.6 % 0.7 % 0.7 % 0.7 % 0.8 % 0.5 % Card Member Receivables: Consumer 0.7 % 0.8 % 1.0 % 0.3 % 0.4 % 0.5 % Small Business 0.9 % 1.0 % 1.3 % 0.3 % 0.4 % 0.6 % Corporate (d) (b) 0.3 % (c) (b) (0.1) % (c) (a) We present a net write-off rate based on principal losses only (i.e., excluding interest and/or fees) to be consistent with industry convention. In addition, as our practice is to include uncollectible interest and/or fees as part of our total provision for credit losses, a net write-off rate including principal, interest and/or fees is also presented. (b) Net write-off rate based on principal losses only is not available due to system constraints. (c) For corporate receivables, delinquency data is tracked based on days past billing status rather than days past due. Delinquency data for periods other than 90+ days past billing is not available due to system constraints. 90+ days past billing as a % of total was 0.6% and 0.3% as of September 30, 2022 and 2021, respectively. (d) The net write-off rate for the nine months ended September 30, 2021 includes a $37 million partial recovery in Card Member receivables related to a corporate client bankruptcy, which resulted in a write-off in 2020.
Impaired Card Member loans and receivables	The following tables provide additional information with respect to our impaired loans and receivables as of September 30, 2022 and December 31, 2021: As of September 30, 2022 Accounts Classified as a TDR (c) 2022 (Millions) Over 90 days Past Due & Accruing Interest (a) Non- Accruals (b) In Program (d) Out of Program (e) Total Reserve for Credit Losses - TDRs Card Member Loans: Consumer $ 197 $ 110 $ 672 $ 1,057 $ 2,036 $ 302 Small Business 38 24 210 372 644 92 Corporate — — — — — — Card Member Receivables: Consumer — — 204 171 375 13 Small Business — — 341 405 746 32 Corporate — — 1 6 7 — Other Loans (f) 3 1 25 1 30 — Total $ 238 $ 135 $ 1,453 $ 2,012 $ 3,838 $ 439 As of December 31, 2021 Accounts Classified as a TDR (c) 2021 (Millions) Over 90 days Past Due & Accruing Interest (a) Non- Accruals (b) In Program (d) Out of Program (e) Total Reserve for Credit Losses - TDRs Card Member Loans: Consumer $ 149 $ 82 $ 708 $ 997 $ 1,936 $ 415 Small Business 19 14 176 332 541 132 Corporate — — — — — — Card Member Receivables: Consumer — — 133 130 263 9 Small Business — — 247 297 544 39 Corporate — — 1 6 7 — Other Loans (f) 1 — 67 2 70 1 Total $ 169 $ 96 $ 1,332 $ 1,764 $ 3,361 $ 596 (a) Our policy is generally to accrue interest through the date of write-off (typically 180 days past due). We establish reserves for interest that we believe will not be collected. Amounts presented exclude loans classified as a TDR. (b) Non-accrual loans not in modification programs primarily include certain loans placed with outside collection agencies for which we have ceased accruing interest. Amounts presented exclude loans classified as TDRs. (c) Accounts classified as a TDR include $45 million and $41 million that are over 90 days past due and accruing interest as of September 30, 2022 and December 31, 2021, respectively, and $14 million and $19 million that are non-accruals as of September 30, 2022 and December 31, 2021, respectively. (d) In Program TDRs include accounts that are currently enrolled in a modification program. (e) Out of Program TDRs include $1.9 billion and $1.6 billion of accounts that have successfully completed a modification program and $141 million and $143 million of accounts that were not in compliance with the terms of the modification programs as of September 30, 2022 and December 31, 2021, respectively. (f) Other loans primarily represent consumer and commercial non-card financing products.
Troubled debt restructurings	The following tables provide additional information with respect to loans and receivables that were modified as TDRs during the three and nine months ended September 30, 2022 and 2021: Three Months Ended Nine Months Ended Number of Account Balances (millions) (a) Average Interest Average Payment Number of Account Balances (millions) (a) Average Interest Average Payment Troubled Debt Restructurings: Card Member Loans 44 $ 285 14 (b) 97 $ 633 14 (b) Card Member Receivables 7 258 (c) 20 18 591 (c) 19 Other Loans (d) 1 3 2 16 3 $ 5 2 16 Total 52 $ 546 118 $ 1,229 Three Months Ended Nine Months Ended Number of Account Balances (millions) (a) Average Interest Average Payment Number of Account Balances (millions) (a) Average Interest Average Payment Troubled Debt Restructurings: Card Member Loans 26 $ 177 13 (b) 87 $ 636 13 (b) Card Member Receivables 5 114 (c) 17 16 314 (c) 18 Other Loans (d) 1 $ 2 3 17 3 $ 12 3 16 Total 32 $ 293 106 $ 962 (a) Represents the outstanding balance immediately prior to modification. The outstanding balance includes principal, fees and accrued interest on loans and principal and fees on receivables. Modifications did not reduce the principal balance. (b) For Card Member loans, there have been no payment term extensions. (c) We do not offer interest rate reduction programs for Card Member receivables as the receivables are non-interest bearing.
Troubled debt restructurings that subsequently defaulted	The following tables provide information with respect to loans and receivables modified as TDRs that subsequently defaulted within twelve months of modification. A customer can miss up to three payments before being considered in default, depending on the terms of the modification program. Three Months Ended Nine Months Ended Number of Accounts (thousands) Aggregated Outstanding Balances Upon Default (millions) (a) Number of Aggregated Outstanding Balances Upon Default (millions) (a) Troubled Debt Restructurings That Subsequently Defaulted: Card Member Loans 4 $ 18 12 $ 70 Card Member Receivables 1 7 3 27 Other Loans (b) — — — — Total 5 $ 25 15 $ 97 Three Months Ended Nine Months Ended Number of Accounts (thousands) Aggregated Outstanding Balances Upon Default (millions) (a) Number of Aggregated Outstanding Balances Upon Default (millions) (a) Troubled Debt Restructurings That Subsequently Defaulted: Card Member Loans 4 $ 32 20 $ 148 Card Member Receivables 1 10 5 48 Other Loans (b) 1 1 3 $ 9 Total 6 $ 43 28 $ 205 (a) The outstanding balances upon default include principal, fees and accrued interest on loans, and principal and fees on receivables. (b) Other loans primarily represent consumer and commercial non-card financing products.

Reserves for Credit Losses (Tab

Reserves for Credit Losses (Tables)	9 Months Ended
	Sep. 30, 2022
Financing Receivable, Allowance for Credit Loss [Line Items]
Schedule of Key Variables in Macroeconomic Scenarios Utilized for Computation of Reserves for Credit Losses	The following table reflects the range of macroeconomic scenario key variables used, in conjunction with other inputs, to calculate reserves for credit losses: U.S. Unemployment Rate U.S. GDP Growth (Contraction) (a) September 30, 2022 December 31, 2021 September 30, 2022 December 31, 2021 Third quarter of 2022 4% 4% - 8% 2% 3% - (2)% Fourth quarter of 2022 4% - 6% 4% - 9% 1% - (1)% 2% - 1% Fourth quarter of 2023 4% - 8% 3% - 7% 3% - 2% 4% - 3% Fourth quarter of 2024 4% - 6% 4% -6% 4% - 3% 3% (a) Real GDP quarter over quarter percentage change seasonally adjusted to annualized rates.
Card Member Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Schedule of Changes in Card Member Loans and Receivables	The following table presents changes in the Card Member loans reserve for credit losses for the three and nine months ended September 30: Three Months Ended September 30, Nine Months Ended September 30, (Millions) 2022 2021 2022 2021 Beginning Balance $ 2,997 $ 3,835 $ 3,305 $ 5,344 Provisions (a) 596 (177) 757 (1,146) Net write-offs (b) Principal (203) (118) (560) (544) Interest and fees (56) (43) (161) (164) Other (c) (15) (8) (22) (1) Ending Balance $ 3,319 $ 3,489 $ 3,319 $ 3,489 (a) Provisions for principal, interest and fee reserve components. Provisions for credit losses includes reserve build (release) and replenishment for net write-offs. (b) Principal write-offs are presented less recoveries of $133 million and $167 million for the three months ended September 30, 2022 and 2021, respectively, and $415 million and $507 million for the nine months ended September 30, 2022 and 2021, respectively. Recoveries of interest and fees were not significant. Amounts include net (write-offs) recoveries from TDRs of $(48) million and $(36) million for the three months ended September 30, 2022 and 2021, respectively, and $(156) million and $(124) million for the nine months ended September 30, 2022 and 2021, respectively. (c) Primarily includes foreign currency translation adjustments of $(16) million and $(8) million for the three months ended September 30, 2022 and 2021, respectively, and $(22) million and $(2) million for the nine months ended September 30, 2022 and 2021, respectively.
Card Member Receivables
Financing Receivable, Allowance for Credit Loss [Line Items]
Schedule of Changes in Card Member Loans and Receivables	The following table presents changes in the Card Member receivables reserve for credit losses for the three and nine months ended September 30: Three Months Ended September 30, Nine Months Ended September 30, (Millions) 2022 2021 2022 2021 Beginning Balance $ 119 $ 73 $ 64 $ 267 Provisions (a) 165 (12) 383 (147) Net write-offs (b) (122) (32) (284) (89) Other (c) (3) 1 (4) (1) Ending Balance $ 159 $ 30 $ 159 $ 30 (a) Provisions for principal and fee reserve components. Provisions for credit losses includes reserve build (release) and replenishment for net write-offs. (b) Net write-offs are presented less recoveries of $60 million and $79 million for the three months ended September 30, 2022 and 2021, respectively, and $195 million and $303 million for the nine months ended September 30, 2022 and 2021, respectively. Amounts include net (write-offs) recoveries from TDRs of $(19) million and $(15) million for the three months ended September 30, 2022 and 2021, respectively, and $(48) million and $(51) million for the nine months ended September 30, 2022 and 2021, respectively. (c) Primarily includes foreign currency translation adjustments of $(2) million and nil for the three months ended September 30, 2022 and 2021, respectively, and $(4) million and $(1) million for the nine months ended September 30, 2022 and 2021, respectively.

Investment Securities (Tables)

Investment Securities (Tables)	9 Months Ended
	Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Schedule of available for sale securities by type	The following is a summary of investment securities as of September 30, 2022 and December 31, 2021: 2022 2021 Description of Securities (Millions) Cost Gross Gross Estimated Cost Gross Gross Estimated Available-for-sale debt securities: State and municipal obligations $ 66 $ — $ (11) $ 55 $ 106 $ 5 $ — $ 111 U.S. Government agency obligations 5 — — 5 6 — — 6 U.S. Government treasury obligations 3,844 — (77) 3,767 1,680 25 (1) 1,704 Mortgage-backed securities (a) 13 — — 13 17 1 — 18 Foreign government bonds and obligations 627 — (3) 624 630 — — 630 Other (b) 32 — — 32 43 — — 43 Equity securities (c) 53 — (10) 43 66 17 (4) 79 Total $ 4,640 $ — $ (101) $ 4,539 $ 2,548 $ 48 $ (5) $ 2,591 (a) Represents mortgage-backed securities guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae. (b) Represents investments in Corporate debt securities and debt securities issued by Community Development Financial Institutions. (c) Equity securities comprise investments in common stock, exchange-traded funds and mutual funds.
Available-for-sale securities, continuous unrealized loss position, fair value	The following table provides information about our available-for-sale debt securities with gross unrealized losses and the length of time that individual securities have been in a continuous unrealized loss position as of September 30, 2022 and December 31, 2021: 2022 2021 Less than 12 months 12 months or more Less than 12 months 12 months or more Description of Securities ( Millions ) Estimated Fair Value Gross Estimated Fair Value Gross Estimated Fair Value Gross Estimated Fair Value Gross State and municipal obligations $ 52 $ (11) $ — $ — $ — $ — $ — $ — U.S. Government treasury obligations 3,709 (75) 48 (2) 477 (1) — — Foreign government bonds and obligations 600 (3) — — — — — — Total $ 4,361 $ (89) $ 48 $ (2) $ 477 $ (1) $ — $ —
Available for sale securities ratio of fair value to amortized cost	The following table summarizes the gross unrealized losses by ratio of fair value to amortized cost as of September 30, 2022 and December 31, 2021: Less than 12 months 12 months or more Total Ratio of Fair Value to Amortized Cost ( Dollars in millions ) Number of Estimated Gross Number of Estimated Gross Number of Estimated Gross 2022: 90–100% 84 $ 4,333 $ (79) 1 $ 48 $ (2) 85 $ 4,381 $ (81) Less than 90% 12 28 (10) — $ — $ — 12 $ 28 $ (10) Total as of September 30, 2022 96 $ 4,361 $ (89) 1 $ 48 $ (2) 97 $ 4,409 $ (91) 2021: 90–100% 5 $ 477 $ (1) — $ — $ — 5 $ 477 $ (1) Less than 90% — $ — $ — — $ — $ — — $ — $ — Total as of December 31, 2021 5 $ 477 $ (1) — $ — $ — 5 $ 477 $ (1)
Contractual maturities of investment securities	Contractual maturities for available-for-sale debt securities with stated maturities as of September 30, 2022 were as follows: (Millions) Cost Estimated Due within 1 year $ 2,359 $ 2,328 Due after 1 year but within 5 years 2,137 2,088 Due after 5 years but within 10 years 30 30 Due after 10 years 61 50 Total $ 4,587 $ 4,496

Customer Deposits (Tables)

Customer Deposits (Tables)	9 Months Ended
	Sep. 30, 2022
Deposits [Abstract]
Deposits by component alternative	As of September 30, 2022 and December 31, 2021, customer deposits were categorized as interest-bearing or non-interest-bearing as follows: (Millions) 2022 2021 U.S.: Interest-bearing $ 102,441 $ 83,304 Non-interest-bearing (includes Card Member credit balances of: 2022, $509; 2021, $527) 556 553 Non-U.S.: Interest-bearing 15 18 Non-interest-bearing (includes Card Member credit balances of: 2022, $448; 2021, $503) 451 507 Total customer deposits $ 103,463 $ 84,382
Deposits by type	Customer deposits by deposit type as of September 30, 2022 and December 31, 2021 were as follows: (Millions) 2022 2021 Savings and transaction accounts $ 72,862 $ 66,142 Certificates of deposit: Direct 1,998 1,415 Third-party (brokered) 11,216 3,095 Sweep accounts – Third-party (brokered) 16,388 12,658 Other deposits 42 42 Card Member credit balances 957 1,030 Total customer deposits $ 103,463 $ 84,382
Time deposits by maturity	The scheduled maturities of certificates of deposit as of September 30, 2022 were as follows: (Millions) 2022 2023 2024 2025 2026 After 5 Years Total Certificates of deposit $ 373 $ 4,557 $ 6,069 $ 1,647 $ 29 $ 539 $ 13,214
Time deposits $250,000 or more	As of September 30, 2022 and December 31, 2021, certificates of deposit in denominations of $250,000 or more, in the aggregate, were as follows: (Millions) 2022 2021 U.S. $ 735 $ 521 Non-U.S. 1 1 Total $ 736 $ 522

Derivatives and Hedging Activ_2

Derivatives and Hedging Activities (Tables)	9 Months Ended
	Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of derivative instruments in statement of financial position, fair value	The following table summarizes the total fair value, excluding interest accruals, of derivative assets and liabilities as of September 30, 2022 and December 31, 2021: Other Assets Fair Value Other Liabilities Fair Value (Millions) 2022 2021 2022 2021 Derivatives designated as hedging instruments: Fair value hedges - Interest rate contracts (a) $ — $ 204 $ 223 $ — Net investment hedges - Foreign exchange contracts 954 219 75 54 Total derivatives designated as hedging instruments 954 423 298 54 Derivatives not designated as hedging instruments: Foreign exchange contracts and other 941 167 270 85 Total derivatives, gross 1,895 590 568 139 Derivative asset and derivative liability netting (b) (269) (93) (269) (93) Cash collateral netting (c) (64) (204) (223) (4) Total derivatives, net $ 1,562 $ 293 $ 76 $ 42 (a) For our centrally cleared derivatives, variation margin payments are legally characterized as settlement payments as opposed to collateral. (b) Represents the amount of netting of derivative assets and derivative liabilities executed with the same counterparty under an enforceable master netting arrangement. (c) Represents the offsetting of the fair value of bilateral interest rate contracts and certain foreign exchange contracts with the right to cash collateral held from the counterparty or cash collateral posted with the counterparty.
Effect of fair value hedges on results of operations	The following table presents the gains and losses recognized in Interest expense on the Consolidated Statements of Income associated with the fair value hedges of our fixed-rate long-term debt for the three and nine months ended September 30: Gains (losses) Three Months Ended Nine Months Ended (Millions) 2022 2021 2022 2021 Fixed-rate long-term debt $ 121 $ 59 $ 485 $ 257 Derivatives designated as hedging instruments (121) (58) (488) (257) Total $ — $ 1 $ (3) $ —

Fair Values (Tables)

Fair Values (Tables)	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Fair value assets and liabilities measured on recurring basis	The following table summarizes our financial assets and financial liabilities measured at fair value on a recurring basis, categorized by GAAP’s fair value hierarchy, as of September 30, 2022 and December 31, 2021: 2022 2021 (Millions) Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Assets: Investment securities: (a) Equity securities $ 43 $ 42 $ 1 $ — $ 79 $ 78 $ 1 $ — Debt securities 4,496 — 4,464 32 2,512 — 2,480 32 Derivatives, gross (a)(b) 1,895 — 1,876 19 590 — 590 — Total Assets 6,434 42 6,341 51 3,181 78 3,071 32 Liabilities: Derivatives, gross (a) 568 — 568 — 139 — 139 — Total Liabilities $ 568 $ — $ 568 $ — $ 139 $ — $ 139 $ — (a) Refer to Note 4 for the fair values of investment securities and to Note 8 for the fair values of derivative assets and liabilities on a further disaggregated basis.
Estimated fair value of financial assets and financial liabilities	The following table summarizes the estimated fair values of our financial assets and financial liabilities that are measured at amortized cost, and not required to be carried at fair value on a recurring basis, as of September 30, 2022 and December 31, 2021. The fair values of these financial instruments are estimates based upon the market conditions and perceived risks as of September 30, 2022 and December 31, 2021, and require management’s judgment. These figures may not be indicative of future fair values, nor can the fair value of American Express be estimated by aggregating the amounts presented. Carrying Corresponding Fair Value Amount 2022 (Billions) Total Level 1 Level 2 Level 3 Financial Assets: Financial assets for which carrying values equal or approximate fair value Cash and cash equivalents (a) $ 31 $ 31 $ 29 $ 2 $ — Other financial assets (b) 58 58 — 58 — Financial assets carried at other than fair value Card Member and Other loans, less reserves (c) 101 104 — — 104 Financial Liabilities: Financial liabilities for which carrying values equal or approximate fair value 115 115 — 115 — Financial liabilities carried at other than fair value Certificates of deposit (d) 13 13 — 13 — Long-term debt (c) $ 42 $ 41 $ — $ 41 $ — Carrying Corresponding Fair Value Amount 2021 (Billions) Total Level 1 Level 2 Level 3 Financial Assets: Financial assets for which carrying values equal or approximate fair value Cash and cash equivalents (a) $ 22 $ 22 $ 20 $ 2 $ — Other financial assets (b) 56 56 — 56 — Financial assets carried at other than fair value Card Member and Other loans, less reserves (c) 88 91 — — 91 Financial Liabilities: Financial liabilities for which carrying values equal or approximate fair value 105 105 — 105 — Financial liabilities carried at other than fair value Certificates of deposit (d) 5 5 — 5 — Long-term debt (c) $ 39 $ 40 $ — $ 40 $ — (a) Level 2 fair value amounts reflect time deposits and short-term investments. (b) Balances include Card Member receivables (including fair values of Card Member receivables of $5.8 billion and $5.2 billion held by a consolidated VIE as of September 30, 2022 and December 31, 2021, respectively), other receivables and other miscellaneous assets. (c) Balances include amounts held by a consolidated VIE for which the fair values of Card Member loans were $26.7 billion as of both September 30, 2022 and December 31, 2021, and the fair values of Long-term debt were $12.1 billion and $13.9 billion as of September 30, 2022 and December 31, 2021, respectively. (d) Presented as a component of Customer deposits on the Consolidated Balance Sheets.

Changes in Accumulated Other _2

Changes in Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2022
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Components of comprehensive income (loss), net of tax	Changes in each component for the three and nine months ended September 30, 2022 and 2021 were as follows: Three Months Ended September 30, 2022 (Millions), net of tax Net Unrealized Foreign Currency Translation Adjustment Gains (Losses), net of hedges (a) Net Unrealized Accumulated Other Balances as of June 30, 2022 $ (30) $ (2,569) $ (544) $ (3,143) Net change (39) (200) 5 (234) Balances as of September 30, 2022 $ (69) $ (2,769) $ (539) $ (3,377) Nine Months Ended September 30, 2022 (Millions), net of tax Net Unrealized Foreign Currency Translation Adjustment Gains (Losses), net of hedges (a) Net Unrealized Accumulated Other Balances as of December 31, 2021 $ 23 $ (2,392) $ (576) $ (2,945) Net change (92) (377) 37 (432) Balances as of September 30, 2022 $ (69) $ (2,769) $ (539) $ (3,377) Three Months Ended September 30, 2021 (Millions), net of tax Net Unrealized Gains (Losses) on Debt Securities Foreign Currency Translation Adjustment Gains (Losses), net of hedges (a) Net Unrealized Accumulated Other Comprehensive Income (Loss) Balances as of June 30, 2021 $ 42 $ (2,227) $ (696) $ (2,881) Net change (8) (83) 9 (82) Balances as of September 30, 2021 $ 34 $ (2,310) $ (687) $ (2,963) Nine Months Ended September 30, 2021 (Millions), net of tax Net Unrealized Gains (Losses) on Debt Securities Foreign Currency Translation Adjustment Gains (Losses), net of hedges (a) Net Unrealized Accumulated Other Comprehensive Income (Loss) Balances as of December 31, 2020 $ 65 $ (2,229) $ (731) $ (2,895) Net change (31) (81) 44 (68) Balances as of September 30, 2021 $ 34 $ (2,310) $ (687) $ (2,963) (a) Refer to Note 8 for additional information on hedging activity.
AOCI income tax effect	The following table shows the tax impact for the three and nine months ended September 30 for the changes in each component of AOCI presented above: Tax expense (benefit) Three Months Ended Nine Months Ended (Millions) 2022 2021 2022 2021 Net unrealized (losses) gains on debt securities $ (13) $ (3) $ (29) $ (9) Foreign currency translation adjustment, net of hedges 169 45 231 15 Pension and other postretirement benefits 16 5 33 18 Total tax impact $ 172 $ 47 $ 235 $ 24

Service Fees and Other Revenu_2

Service Fees and Other Revenue and Other Expenses (Tables)	9 Months Ended
	Sep. 30, 2022
Service Fees and Other Revenue and Other Expenses [Abstract]
Service fees and other revenue and commissions	The following is a detail of Service fees and other revenue for the three and nine months ended September 30: Three Months Ended Nine Months Ended (Millions) 2022 2021 2022 2021 Service fees $ 353 $ 340 $ 1,072 $ 1,014 Foreign currency-related revenue 338 169 867 414 Delinquency fees 211 167 583 460 Travel commissions and fees 155 74 374 165 Other fees and revenues 112 89 444 129 Total Service fees and other revenue $ 1,169 $ 839 $ 3,340 $ 2,182
Other net expense	The following is a detail of Other expenses for the three and nine months ended September 30: Three Months Ended Nine Months Ended (Millions) 2022 2021 2022 2021 Data processing and equipment $ 651 $ 613 $ 1,874 $ 1,772 Professional services 500 490 1,473 1,351 Net unrealized and realized losses (gains) on Amex Ventures investments 47 (142) 68 (773) Other 376 257 1,008 745 Total Other expenses $ 1,574 $ 1,218 $ 4,423 $ 3,095

Earnings Per Common Share (EP_2

Earnings Per Common Share (EPS) (Tables)	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Computation of basic and diluted EPS	The computations of basic and diluted EPS for the three and nine months ended September 30 were as follows: Three Months Ended Nine Months Ended (Millions, except per share amounts) 2022 2021 2022 2021 Numerator: Basic and diluted: Net income $ 1,879 $ 1,826 $ 5,942 $ 6,341 Preferred dividends (14) (20) (43) (49) Equity-related adjustment (a) — (9) — (9) Net income available to common shareholders $ 1,865 $ 1,797 $ 5,899 $ 6,283 Earnings allocated to participating share awards (b) (14) (14) (45) (45) Net income attributable to common shareholders $ 1,851 $ 1,783 $ 5,854 $ 6,238 Denominator: (a) Basic: Weighted-average common stock 748 786 752 796 Add: Weighted-average stock options (c) 1 1 1 1 Diluted 749 787 753 797 Basic EPS $ 2.47 $ 2.27 $ 7.78 $ 7.84 Diluted EPS $ 2.47 $ 2.27 $ 7.77 $ 7.82 (a) Represents the difference between the redemption value and carrying value of the Series C preferred shares, which were redeemed on September 15, 2021. The carrying value represents the original issuance proceeds, net of underwriting fees and offering costs for the Series C preferred shares. (b) Our unvested restricted stock awards, which include the right to receive non-forfeitable dividends or dividend equivalents, are considered participating securities. Calculations of EPS under the two-class method exclude from the numerator any dividends paid or owed on participating securities and any undistributed earnings considered to be attributable to participating securities. The related participating securities are similarly excluded from the denominator. (c) The dilutive effect of unexercised stock options excludes from the computation of EPS 0.26 million and 0.01 million of options for the three months ended September 30, 2022 and 2021, respectively, and 0.23 million and 0.01 million of options for the nine months ended September 30, 2022 and 2021, respectively, because inclusion of the options would have been anti-dilutive.

Reportable Operating Segments (

Reportable Operating Segments (Tables)	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
Operating segment information	The following table presents certain selected financial information for our reportable operating segments and Corporate & Other as of or for the three and nine months ended September 30: Three Months Ended September 30, 2022 (Millions, except where indicated) USCS CS ICS GMNS Corporate & Other (a) Consolidated Total non-interest revenues $ 4,233 $ 3,145 $ 2,066 $ 1,562 $ (28) $ 10,978 Revenue from contracts with customers (b) 3,200 2,791 1,332 1,423 (13) 8,733 Interest income 2,251 552 364 6 201 3,374 Interest expense 274 201 178 (97) 240 796 Total revenues net of interest expense 6,210 3,496 2,252 1,665 (67) 13,556 Pretax segment income (loss) $ 1,309 $ 774 $ 166 $ 792 $ (582) $ 2,459 Total assets (billions) $ 85 $ 51 $ 33 $ 15 $ 31 $ 215 Nine Months Ended September 30, 2022 (Millions, except where indicated) USCS CS ICS GMNS Corporate & Other (a) Consolidated Total non-interest revenues $ 12,024 $ 8,986 $ 6,065 $ 4,502 $ (28) $ 31,549 Revenue from contracts with customers (b) 9,139 8,003 3,857 4,131 14 25,144 Interest income 5,880 1,435 1,035 13 330 8,693 Interest expense 513 409 445 (202) 391 1,556 Total revenues net of interest expense 17,391 10,012 6,655 4,717 (89) 38,686 Pretax segment income (loss) $ 4,114 $ 2,333 $ 593 $ 2,263 $ (1,589) $ 7,714 Total assets (billions) $ 85 $ 51 $ 33 $ 15 $ 31 $ 215 Three Months Ended September 30, 2021 (Millions, except where indicated) USCS CS ICS GMNS Corporate & Other (a) Consolidated Total non-interest revenues $ 3,372 $ 2,558 $ 1,732 $ 1,294 $ (22) $ 8,934 Revenue from contracts with customers (b) 2,566 2,250 1,116 1,212 (6) 7,138 Interest income 1,613 365 278 4 41 2,301 Interest expense 89 81 114 (24) 47 307 Total revenues net of interest expense 4,896 2,842 1,896 1,322 (28) 10,928 Pretax segment income (loss) $ 1,251 $ 699 $ 269 $ 513 $ (282) $ 2,450 Total assets (billions) $ 68 $ 41 $ 30 $ 14 $ 31 $ 184 Nine Months Ended September 30, 2021 (Millions, except where indicated) USCS CS ICS GMNS Corporate & Other (a) Consolidated Total non-interest revenues $ 9,291 $ 7,053 $ 4,814 $ 3,589 $ (154) $ 24,593 Revenue from contracts with customers (b) 6,967 6,174 3,060 3,370 (18) 19,553 Interest income 4,647 1,020 827 12 127 6,633 Interest expense 310 253 309 (61) 180 991 Total revenues net of interest expense 13,628 7,820 5,332 3,662 (207) 30,235 Pretax segment income (loss) $ 4,677 $ 2,219 $ 889 $ 1,399 $ (801) $ 8,383 Total assets (billions) $ 68 $ 41 $ 30 $ 14 $ 31 $ 184 (a) Corporate & Other includes adjustments and eliminations for intersegment activity. (b) Includes discount revenue, certain service fees and other revenue and processed revenues from customers.

Basis of Presentation (Details)

Basis of Presentation (Details)	9 Months Ended
	Sep. 30, 2022
Minimum
Schedule Of Revenue Sources [Line Items]
Contract terms with large merchants	3 years
Maximum
Schedule Of Revenue Sources [Line Items]
Contract terms with large merchants	7 years

Loans and Card Member Receiva_3

Loans and Card Member Receivables (Details) - USD ($) $ in Millions	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Card Member Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	$ 99,038		$ 88,562
Less: Reserves for credit losses	3,319	$ 2,997	3,305	$ 3,489	$ 3,835	$ 5,344
Financing receivables, net	95,719		85,257
Card Member Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	76,966		70,467
Card Member Loans | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	22,018		18,040
Card Member Loans | Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	54		55
Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Less: Reserves for credit losses	46		52
Financing receivables, net	4,797		2,859
Card Member Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	55,275		53,645
Less: Reserves for credit losses	159	$ 119	64	$ 30	$ 73	$ 267
Financing receivables, net	55,116		53,581
Card Member Receivables | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	20,366		22,392
Card Member Receivables | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	18,969		17,977
Card Member Receivables | Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	15,940		13,276
Variable Interest Entity, Primary Beneficiary | Card Member Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	26,713		26,587
Variable Interest Entity, Primary Beneficiary | Card Member Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	26,700		26,600
Variable Interest Entity, Primary Beneficiary | Card Member Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	5,849		5,175
Variable Interest Entity, Primary Beneficiary | Card Member Receivables | Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	$ 5,800		$ 5,200

Loans and Card Member Receiva_4

Loans and Card Member Receivables (Details 1) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Card Member Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	$ 99,038	$ 88,562
Card Member Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	76,966	70,467
Card Member Loans | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	22,018	18,040
Card Member Loans | Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	54	55
Card Member Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	55,275	53,645
Card Member Receivables | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	20,366	22,392
Card Member Receivables | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	18,969	17,977
Card Member Receivables | Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	15,940	13,276
Current | Card Member Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	76,283	69,960
Current | Card Member Loans | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	21,857	17,950
Current | Card Member Receivables | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	20,161	22,279
Current | Card Member Receivables | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	18,722	17,846
30 to 59 Days Past Due | Card Member Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	229	158
30 to 59 Days Past Due | Card Member Loans | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	61	34
30 to 59 Days Past Due | Card Member Receivables | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	77	41
30 to 59 Days Past Due | Card Member Receivables | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	103	59
60 to 89 Days Past Due | Card Member Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	154	112
60 to 89 Days Past Due | Card Member Loans | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	38	19
60 to 89 Days Past Due | Card Member Receivables | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	47	24
60 to 89 Days Past Due | Card Member Receivables | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	57	28
90+ Days Past Due | Card Member Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	300	237
90+ Days Past Due | Card Member Loans | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	62	37
90+ Days Past Due | Card Member Loans | Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	0	0
90+ Days Past Due | Card Member Receivables | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	81	48
90+ Days Past Due | Card Member Receivables | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	87	44
90+ Days Past Due | Card Member Receivables | Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	$ 98	$ 42

Loans and Card Member Receiva_5

Loans and Card Member Receivables (Details 2) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Credit Quality Indicator for Loans and Receivables
90+ Days Past Billing as a % of total	0.60%	0.30%	0.60%	0.30%
Card Member Loans | Consumer
Credit Quality Indicator for Loans and Receivables
30+ Days Past Due as a % of Total	0.90%	0.70%	0.90%	0.70%
Card Member Loans | Small Business
Credit Quality Indicator for Loans and Receivables
30+ Days Past Due as a % of Total	0.70%	0.50%	0.70%	0.50%
Card Member Loans | Net Write-Off Rate - Principal Only | Consumer
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate			0.90%	1.10%
Card Member Loans | Net Write-Off Rate - Principal Only | Small Business
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate			0.60%	0.70%
Card Member Loans | Net Write-Off Rate Principal Interest, and Fees | Consumer
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate			1.10%	1.40%
Card Member Loans | Net Write-Off Rate Principal Interest, and Fees | Small Business
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate			0.70%	0.80%
Card Member Receivables
Credit Quality Indicator for Loans and Receivables
Net write-offs (recovery)	$ 122	$ 32	$ 284	$ 89
Card Member Receivables | Consumer
Credit Quality Indicator for Loans and Receivables
30+ Days Past Due as a % of Total	1%	0.50%	1%	0.50%
Card Member Receivables | Small Business
Credit Quality Indicator for Loans and Receivables
30+ Days Past Due as a % of Total	1.30%	0.60%	1.30%	0.60%
Card Member Receivables | Corporate
Credit Quality Indicator for Loans and Receivables
Net write-offs (recovery)				$ 37
Card Member Receivables | Net Write-Off Rate - Principal Only | Consumer
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate			0.70%	0.30%
Card Member Receivables | Net Write-Off Rate - Principal Only | Small Business
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate			0.90%	0.30%
Card Member Receivables | Net Write-Off Rate Principal Interest, and Fees | Consumer
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate			0.80%	0.40%
Card Member Receivables | Net Write-Off Rate Principal Interest, and Fees | Small Business
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate			1%	0.40%
Card Member Receivables | Net Write-Off Rate Principal Interest, and Fees | Corporate
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate			0.30%	(0.10%)

Loans and Card Member Receiva_6

Loans and Card Member Receivables (Details 3) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Impaired loans and receivables
Loans over 90 days past due and accruing interest	$ 238	$ 169
Non-accrual loans	135	96
Loans and receivables modified as a Troubled Debt Restructuring in Program	1,453	1,332
Loans and receivables modified as Troubled Debt Restructuring Out of Program	2,012	1,764
Total impaired loans and receivables	3,838	3,361
Reserve for Credit Losses - TDRs	439	596
Accounts Receivable and Loans Textuals
Total loans and receivables modified as a TDR, past due 90 days and still accruing	45	41
Total loans and receivables modified as a TDR, non-accrual	14	19
Out of Program TDR accounts that completed modification programs	1,900	1,600
Out of Program TDR accounts not in compliance with modification programs	141	143
Card Member Loans | Consumer
Impaired loans and receivables
Loans over 90 days past due and accruing interest	197	149
Non-accrual loans	110	82
Loans and receivables modified as a Troubled Debt Restructuring in Program	672	708
Loans and receivables modified as Troubled Debt Restructuring Out of Program	1,057	997
Total impaired loans and receivables	2,036	1,936
Reserve for Credit Losses - TDRs	302	415
Card Member Loans | Small Business
Impaired loans and receivables
Loans over 90 days past due and accruing interest	38	19
Non-accrual loans	24	14
Loans and receivables modified as a Troubled Debt Restructuring in Program	210	176
Loans and receivables modified as Troubled Debt Restructuring Out of Program	372	332
Total impaired loans and receivables	644	541
Reserve for Credit Losses - TDRs	92	132
Card Member Loans | Corporate
Impaired loans and receivables
Loans over 90 days past due and accruing interest	0	0
Non-accrual loans	0	0
Loans and receivables modified as a Troubled Debt Restructuring in Program	0	0
Loans and receivables modified as Troubled Debt Restructuring Out of Program	0	0
Total impaired loans and receivables	0	0
Reserve for Credit Losses - TDRs	0	0
Card Member Receivables | Consumer
Impaired loans and receivables
Loans over 90 days past due and accruing interest	0	0
Non-accrual loans	0	0
Loans and receivables modified as a Troubled Debt Restructuring in Program	204	133
Loans and receivables modified as Troubled Debt Restructuring Out of Program	171	130
Total impaired loans and receivables	375	263
Reserve for Credit Losses - TDRs	13	9
Card Member Receivables | Small Business
Impaired loans and receivables
Loans over 90 days past due and accruing interest	0	0
Non-accrual loans	0	0
Loans and receivables modified as a Troubled Debt Restructuring in Program	341	247
Loans and receivables modified as Troubled Debt Restructuring Out of Program	405	297
Total impaired loans and receivables	746	544
Reserve for Credit Losses - TDRs	32	39
Card Member Receivables | Corporate
Impaired loans and receivables
Loans over 90 days past due and accruing interest	0	0
Non-accrual loans	0	0
Loans and receivables modified as a Troubled Debt Restructuring in Program	1	1
Loans and receivables modified as Troubled Debt Restructuring Out of Program	6	6
Total impaired loans and receivables	7	7
Reserve for Credit Losses - TDRs	0	0
Other Loans
Impaired loans and receivables
Loans over 90 days past due and accruing interest	3	1
Non-accrual loans	1	0
Loans and receivables modified as a Troubled Debt Restructuring in Program	25	67
Loans and receivables modified as Troubled Debt Restructuring Out of Program	1	2
Total impaired loans and receivables	30	70
Reserve for Credit Losses - TDRs	$ 0	$ 1

Loans and Card Member Receiva_7

Loans and Card Member Receivables (Details 4) account in Thousands, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($) account	Sep. 30, 2021 USD ($) account	Sep. 30, 2022 USD ($) account	Sep. 30, 2021 USD ($) account
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	52	32	118	106
Account Balances | $	$ 546	$ 293	$ 1,229	$ 962
Card Member Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	44	26	97	87
Account Balances | $	$ 285	$ 177	$ 633	$ 636
Average Interest Rate Reduction (as a percentage)	14%	13%	14%	13%
Card Member Receivables
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	7	5	18	16
Account Balances | $	$ 258	$ 114	$ 591	$ 314
Average Payment Term Extension (in months)	20 months	17 months	19 months	18 months
Other Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	1	1	3	3
Account Balances | $	$ 3	$ 2	$ 5	$ 12
Average Interest Rate Reduction (as a percentage)	2%	3%	2%	3%
Average Payment Term Extension (in months)	16 months	17 months	16 months	16 months

Loans and Card Member Receiva_8

Loans and Card Member Receivables (Details 5) account in Thousands, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($) account	Sep. 30, 2021 USD ($) account	Sep. 30, 2022 USD ($) account	Sep. 30, 2021 USD ($) account
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	5	6	15	28
Aggregated Outstanding Balance Upon Default | $	$ 25	$ 43	$ 97	$ 205
Card Member Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	4	4	12	20
Aggregated Outstanding Balance Upon Default | $	$ 18	$ 32	$ 70	$ 148
Card Member Receivables
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	1	1	3	5
Aggregated Outstanding Balance Upon Default | $	$ 7	$ 10	$ 27	$ 48
Other Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	0	1	0	3
Aggregated Outstanding Balance Upon Default | $	$ 0	$ 1	$ 0	$ 9

Reserves for Credit Losses (Det

Reserves for Credit Losses (Details)	Sep. 30, 2022	Dec. 31, 2021
U.S. Unemployment Rate | Third quarter of 2022
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input	0.04
U.S. Unemployment Rate | Minimum | Third quarter of 2022
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input		0.04
U.S. Unemployment Rate | Minimum | Fourth quarter of 2022
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input	0.04	0.04
U.S. Unemployment Rate | Minimum | Fourth quarter of 2023
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input	0.04	0.03
U.S. Unemployment Rate | Minimum | Fourth quarter of 2024
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input	0.04	0.04
U.S. Unemployment Rate | Maximum | Third quarter of 2022
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input		0.08
U.S. Unemployment Rate | Maximum | Fourth quarter of 2022
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input	0.06	0.09
U.S. Unemployment Rate | Maximum | Fourth quarter of 2023
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input	0.08	0.07
U.S. Unemployment Rate | Maximum | Fourth quarter of 2024
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input	0.06	0.06
U.S. GDP Growth (Contraction) | Third quarter of 2022
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input	0.02
U.S. GDP Growth (Contraction) | Fourth quarter of 2024
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input		0.03
U.S. GDP Growth (Contraction) | Minimum | Third quarter of 2022
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input		0.03
U.S. GDP Growth (Contraction) | Minimum | Fourth quarter of 2022
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input	0.01	0.02
U.S. GDP Growth (Contraction) | Minimum | Fourth quarter of 2023
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input	0.03	0.04
U.S. GDP Growth (Contraction) | Minimum | Fourth quarter of 2024
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input	0.04
U.S. GDP Growth (Contraction) | Maximum | Third quarter of 2022
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input		(0.02)
U.S. GDP Growth (Contraction) | Maximum | Fourth quarter of 2022
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input	(0.01)	0.01
U.S. GDP Growth (Contraction) | Maximum | Fourth quarter of 2023
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input	0.02	0.03
U.S. GDP Growth (Contraction) | Maximum | Fourth quarter of 2024
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input	0.03

Reserves for Credit Losses (D_2

Reserves for Credit Losses (Details 1) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Reserve for Losses [Roll Forward]
Provisions for credit losses	$ 778	$ (191)	$ 1,155	$ (1,472)
Card Member Loans
Reserve for Losses [Roll Forward]
Beginning Balance	2,997	3,835	3,305	5,344
Provisions for credit losses	596	(177)	757	(1,146)
Other	(15)	(8)	(22)	(1)
Ending Balance	3,319	3,489	3,319	3,489
Net (write-offs) recoveries from TDRs	(48)	(36)	(156)	(124)
Foreign currency translation adjustments	(16)	(8)	(22)	(2)
Card Member Loans | Principal
Reserve for Losses [Roll Forward]
Net write-offs	(203)	(118)	(560)	(544)
Recoveries	133	167	415	507
Card Member Loans | Interest and fees
Reserve for Losses [Roll Forward]
Net write-offs	$ (56)	$ (43)	$ (161)	$ (164)

Reserves for Credit Losses (D_3

Reserves for Credit Losses (Details 2) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Reserve for Losses [Roll Forward]
Provisions for credit losses	$ 778,000,000	$ (191,000,000)	$ 1,155,000,000	$ (1,472,000,000)
Card Member Receivables
Reserve for Losses [Roll Forward]
Beginning Balance	119,000,000	73,000,000	64,000,000	267,000,000
Provisions for credit losses	165,000,000	(12,000,000)	383,000,000	(147,000,000)
Net write-offs	(122,000,000)	(32,000,000)	(284,000,000)	(89,000,000)
Other	(3,000,000)	1,000,000	(4,000,000)	(1,000,000)
Ending Balance	159,000,000	30,000,000	159,000,000	30,000,000
Recoveries	60,000,000	79,000,000	195,000,000	303,000,000
Net (write-offs) recoveries from TDRs	(19,000,000)	(15,000,000)	(48,000,000)	(51,000,000)
Foreign currency translation adjustments	$ (2,000,000)	$ 0	$ (4,000,000)	$ (1,000,000)

Investment Securities (Details)

Investment Securities (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Accrued interest available-for-sale debt securities	$ 15	$ 12
Available-for-sale debt securities:
Cost	4,587
Estimated Fair Value	4,496
Equity securities
Cost	53	66
Gross Unrealized Gains	0	17
Gross Unrealized Losses	(10)	(4)
Estimated Fair Value	43	79
Total Cost	4,640	2,548
Total Gross Unrealized Gains	0	48
Total Gross Unrealized Losses	(101)	(5)
Total Estimated Fair Value	4,539	2,591
State and municipal obligations
Available-for-sale debt securities:
Cost	66	106
Gross Unrealized Gains	0	5
Gross Unrealized Losses	(11)	0
Estimated Fair Value	55	111
U.S. Government agency obligations
Available-for-sale debt securities:
Cost	5	6
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Estimated Fair Value	5	6
U.S. Government treasury obligations
Available-for-sale debt securities:
Cost	3,844	1,680
Gross Unrealized Gains	0	25
Gross Unrealized Losses	(77)	(1)
Estimated Fair Value	3,767	1,704
Mortgage-backed securities
Available-for-sale debt securities:
Cost	13	17
Gross Unrealized Gains	0	1
Gross Unrealized Losses	0	0
Estimated Fair Value	13	18
Foreign government bonds and obligations
Available-for-sale debt securities:
Cost	627	630
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(3)	0
Estimated Fair Value	624	630
Other
Available-for-sale debt securities:
Cost	32	43
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Estimated Fair Value	$ 32	$ 43

Investment Securities (Details

Investment Securities (Details 1) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Estimated fair value, less than 12 months	$ 4,361	$ 477
Gross unrealized losses, less than 12 months	(89)	(1)
Estimated fair value, 12 months or more	48	0
Gross unrealized losses, more than 12 months	(2)	0
State and municipal obligations
Debt Securities, Available-for-sale [Line Items]
Estimated fair value, less than 12 months	52	0
Gross unrealized losses, less than 12 months	(11)	0
Estimated fair value, 12 months or more	0	0
Gross unrealized losses, more than 12 months	0	0
U.S. Government treasury obligations
Debt Securities, Available-for-sale [Line Items]
Estimated fair value, less than 12 months	3,709	477
Gross unrealized losses, less than 12 months	(75)	(1)
Estimated fair value, 12 months or more	48	0
Gross unrealized losses, more than 12 months	(2)	0
Foreign government bonds and obligations
Debt Securities, Available-for-sale [Line Items]
Estimated fair value, less than 12 months	600	0
Gross unrealized losses, less than 12 months	(3)	0
Estimated fair value, 12 months or more	0	0
Gross unrealized losses, more than 12 months	$ 0	$ 0

Investment Securities (Detail_2

Investment Securities (Details 2) $ in Millions	Sep. 30, 2022 USD ($) security	Dec. 31, 2021 USD ($) security
Debt Securities, Available-for-sale [Line Items]
Number of securities, less than 12 months | security	96	5
Estimated fair value, less than 12 months	$ 4,361	$ 477
Gross unrealized losses, less than 12 months	$ (89)	$ (1)
Number of securities, 12 months or more | security	1	0
Estimated fair value, 12 months or more	$ 48	$ 0
Gross unrealized losses, more than 12 months	$ (2)	$ 0
Number of securities, total | security	97	5
Estimated fair value, total	$ 4,409	$ 477
Gross unrealized losses, total	$ (91)	$ (1)
90–100%
Debt Securities, Available-for-sale [Line Items]
Number of securities, less than 12 months | security	84	5
Estimated fair value, less than 12 months	$ 4,333	$ 477
Gross unrealized losses, less than 12 months	$ (79)	$ (1)
Number of securities, 12 months or more | security	1	0
Estimated fair value, 12 months or more	$ 48	$ 0
Gross unrealized losses, more than 12 months	$ (2)	$ 0
Number of securities, total | security	85	5
Estimated fair value, total	$ 4,381	$ 477
Gross unrealized losses, total	$ (81)	$ (1)
Less than 90%
Debt Securities, Available-for-sale [Line Items]
Number of securities, less than 12 months | security	12	0
Estimated fair value, less than 12 months	$ 28	$ 0
Gross unrealized losses, less than 12 months	$ (10)	$ 0
Number of securities, 12 months or more | security	0	0
Estimated fair value, 12 months or more	$ 0	$ 0
Gross unrealized losses, more than 12 months	$ 0	$ 0
Number of securities, total | security	12	0
Estimated fair value, total	$ 28	$ 0
Gross unrealized losses, total	$ (10)	$ 0

Investment Securities (Detail_3

Investment Securities (Details 3) $ in Millions	Sep. 30, 2022 USD ($)
Cost
Due within 1 year	$ 2,359
Due after 1 year but within 5 years	2,137
Due after 5 years but within 10 years	30
Due after 10 years	61
Total	4,587
Estimated Fair Value
Due within 1 year	2,328
Due after 1 year but within 5 years	2,088
Due after 5 years but within 10 years	30
Due after 10 years	50
Total	$ 4,496

Asset Securitizations (Details)

Asset Securitizations (Details) - USD ($)	Sep. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Dec. 31, 2020
Assets from Trusts [Line Items]
Restricted balances included in Cash and cash equivalents	$ 1,360,000,000	$ 525,000,000	$ 475,000,000	$ 606,000,000
American Express Lending Trust
Assets from Trusts [Line Items]
Direct and Indirect ownership of variable interests	14,400,000,000	15,000,000,000
Restricted balances included in Cash and cash equivalents	907,000,000	42,000,000
American Express Charge Trust
Assets from Trusts [Line Items]
Direct and Indirect ownership of variable interests	5,900,000,000	3,200,000,000
Restricted balances included in Cash and cash equivalents	$ 0	$ 1,000,000

Customer Deposits (Details)

Customer Deposits (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
U.S.:
Interest-bearing	$ 102,441	$ 83,304
Non-interest-bearing (includes Card Member credit balances of: 2022, $509; 2021, $527)	556	553
Non-U.S.:
Interest-bearing	15	18
Non-interest-bearing (includes Card Member credit balances of: 2022, $448; 2021, $503)	451	507
Total customer deposits	103,463	84,382
Card Member Credit Balances
U.S.:
Non-interest-bearing (includes Card Member credit balances of: 2022, $509; 2021, $527)	509	527
Non-U.S.:
Non-interest-bearing (includes Card Member credit balances of: 2022, $448; 2021, $503)	$ 448	$ 503

Customer Deposits (Details 1)

Customer Deposits (Details 1) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Deposits, by Type
Savings and transaction accounts	$ 72,862	$ 66,142
Certificates of deposit:
Direct	1,998	1,415
Third-party (brokered)	11,216	3,095
Sweep accounts – Third-party (brokered)	16,388	12,658
Other deposits	42	42
Total customer deposits	103,463	84,382
Card Member Credit Balances
Certificates of deposit:
Card Member credit balances	$ 957	$ 1,030

Customer Deposits (Details 2)

Customer Deposits (Details 2) $ in Millions	Sep. 30, 2022 USD ($)
Time Deposits By Maturity
2022	$ 373
2023	4,557
2024	6,069
2025	1,647
2026	29
After 5 Years	539
Certificates of deposit	$ 13,214

Customer Deposits (Details 3)

Customer Deposits (Details 3) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Time Deposits $250,000 Or More [Line Items]
Time Deposits, $250,000 or More	$ 736	$ 522
U.S.
Time Deposits $250,000 Or More [Line Items]
Time Deposits, $250,000 or More	735	521
Non-US
Time Deposits $250,000 Or More [Line Items]
Time Deposits, $250,000 or More	$ 1	$ 1

Contingencies (Details Textual)

Contingencies (Details Textual)	Sep. 30, 2022 USD ($)	Jan. 29, 2019 state
Minimum
Loss Contingencies [Line Items]
Current estimate of possible loss | $	$ 0
Maximum
Loss Contingencies [Line Items]
Current estimate of possible loss | $	$ 160,000,000
Violation Of Federal Antitrust Law And Consumer Laws Class Action Case
Loss Contingencies [Line Items]
Number of states with remaining claims under antitrust laws | state		11
Number of states with remaining claims under consumer protection laws | state		6

Derivatives and Hedging Activ_3

Derivatives and Hedging Activities (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Derivatives, Fair Value [Line Items]
Derivatives, gross	$ 1,895	$ 590
Derivatives, gross	568	139
Derivative asset and derivative liability netting, assets	(269)	(93)
Derivative asset and derivative liability netting, liabilities	(269)	(93)
Cash collateral netting, assets	(64)	(204)
Cash collateral netting, liabilities	(223)	(4)
Total derivatives assets, net	1,562	293
Total derivatives liabilities, net	76	42
Other Assets | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	954	423
Other Assets | Interest Rate Contract | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	0	204
Other Assets | Foreign Exchange Contract | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	954	219
Other Assets | Foreign Exchange Contract | Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	941	167
Other Liabilities | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	298	54
Other Liabilities | Interest Rate Contract | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	223	0
Other Liabilities | Foreign Exchange Contract | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	75	54
Other Liabilities | Foreign Exchange Contract | Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	$ 270	$ 85

Derivatives and Hedging Activ_4

Derivatives and Hedging Activities (Details Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2022	Dec. 31, 2021
Derivative [Line Items]
Margin on interest rate swaps	$ 10		$ 10			$ 11
Carrying values of hedged liabilities	7,800		7,800			13,100
Cumulative amount of fair value hedging adjustment	(248)		(248)			237
Net increase (decrease) in interest expense on long term debt and other	3	$ (60)	(88)	$ (196)
Fair Value Hedging | Fixed-Rate Debt Obligations
Derivative [Line Items]
Fixed-rate debt obligations designated in fair value hedging relationships	8,100		8,100			12,900
Net Investment Hedges
Derivative [Line Items]
Notional amount of derivatives	12,500		12,500			12,600
Gain (loss) on net investment hedges, net of taxes	520	155	728	53
Reclassifications out of AOCI	0	0	0	0
Foreign Exchange Contract | Not Designated as Hedging Instrument
Derivative [Line Items]
Notional amount of derivatives	19,700		19,700			$ 19,000
Foreign Exchange Contract | Other Expense | Not Designated as Hedging Instrument
Derivative [Line Items]
Gain (loss) in changes in fair value of derivatives not designated as hedges	23	$ (10)	10	$ (24)
Equity Linked Embedded Derivative | Not Designated as Hedging Instrument
Derivative [Line Items]
Notional amount of derivatives					$ 78
Fair value of embedded derivative asset, gross	19		19
Equity Linked Embedded Derivative | Noninterest Income | Not Designated as Hedging Instrument
Derivative [Line Items]
Loss on embedded derivative	$ 0		$ 4

Derivatives and Hedging Activ_5

Derivatives and Hedging Activities (Details 1) - Interest Expense - Interest Rate Contract - Fair Value Hedging - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Fixed-rate long-term debt	$ 121	$ 59	$ 485	$ 257
Derivatives designated as hedging instruments	(121)	(58)	(488)	(257)
Total	$ 0	$ 1	$ (3)	$ 0

Fair Values (Details)

Fair Values (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Investment securities:
Equity securities	$ 43	$ 79
Debt securities	4,496
Derivatives, gross	1,895	590
Liabilities
Derivatives, gross	568	139
Fair Value, Recurring
Investment securities:
Equity securities	43	79
Debt securities	4,496	2,512
Derivatives, gross	1,895	590
Total Assets	6,434	3,181
Liabilities
Derivatives, gross	568	139
Total Liabilities	568	139
Level 1 | Fair Value, Recurring
Investment securities:
Equity securities	42	78
Debt securities	0	0
Derivatives, gross	0	0
Total Assets	42	78
Liabilities
Derivatives, gross	0	0
Total Liabilities	0	0
Level 2 | Fair Value, Recurring
Investment securities:
Equity securities	1	1
Debt securities	4,464	2,480
Derivatives, gross	1,876	590
Total Assets	6,341	3,071
Liabilities
Derivatives, gross	568	139
Total Liabilities	568	139
Level 3 | Fair Value, Recurring
Investment securities:
Equity securities	0	0
Debt securities	32	32
Derivatives, gross	19	0
Total Assets	51	32
Liabilities
Derivatives, gross	0	0
Total Liabilities	$ 0	$ 0

Fair Values (Details 2)

Fair Values (Details 2) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Card Member Receivables
Fair Values (Textuals)
Financing receivables, gross	$ 55,275	$ 53,645
Card Member Loans
Fair Values (Textuals)
Financing receivables, gross	99,038	88,562
Variable Interest Entity, Primary Beneficiary | Card Member Receivables
Fair Values (Textuals)
Financing receivables, gross	5,849	5,175
Variable Interest Entity, Primary Beneficiary | Card Member Loans
Fair Values (Textuals)
Financing receivables, gross	26,713	26,587
Carrying Value
Financial assets for which carrying values equal or approximate fair value
Cash and cash equivalents	31,000	22,000
Other financial assets	58,000	56,000
Financial assets carried at other than fair value
Card Member and Other loans, less reserves	101,000	88,000
Financial Liabilities:
Financial liabilities for which carrying values equal or approximate fair value	115,000	105,000
Financial liabilities carried at other than fair value
Certificates of deposit	13,000	5,000
Long-term debt	42,000	39,000
Fair Values (Textuals)
Long-term debt	42,000	39,000
Corresponding Fair Value Amount
Financial assets for which carrying values equal or approximate fair value
Cash and cash equivalents	31,000	22,000
Other financial assets	58,000	56,000
Financial Liabilities:
Financial liabilities for which carrying values equal or approximate fair value	115,000	105,000
Corresponding Fair Value Amount | Variable Interest Entity, Primary Beneficiary | Card Member Receivables
Fair Values (Textuals)
Financing receivables, gross	5,800	5,200
Corresponding Fair Value Amount | Level 1
Financial assets for which carrying values equal or approximate fair value
Cash and cash equivalents	29,000	20,000
Other financial assets	0	0
Financial Liabilities:
Financial liabilities for which carrying values equal or approximate fair value	0	0
Corresponding Fair Value Amount | Level 2
Financial assets for which carrying values equal or approximate fair value
Cash and cash equivalents	2,000	2,000
Other financial assets	58,000	56,000
Financial Liabilities:
Financial liabilities for which carrying values equal or approximate fair value	115,000	105,000
Corresponding Fair Value Amount | Level 3
Financial assets for which carrying values equal or approximate fair value
Cash and cash equivalents	0	0
Other financial assets	0	0
Financial Liabilities:
Financial liabilities for which carrying values equal or approximate fair value	0	0
Portion at Other than Fair Value Measurement
Financial assets carried at other than fair value
Card Member and Other loans, less reserves	104,000	91,000
Financial liabilities carried at other than fair value
Certificates of deposit	13,000	5,000
Long-term debt	41,000	40,000
Fair Values (Textuals)
Long-term debt	41,000	40,000
Portion at Other than Fair Value Measurement | Variable Interest Entity, Primary Beneficiary
Financial liabilities carried at other than fair value
Long-term debt	12,100	13,900
Fair Values (Textuals)
Long-term debt	12,100	13,900
Portion at Other than Fair Value Measurement | Variable Interest Entity, Primary Beneficiary | Card Member Loans
Fair Values (Textuals)
Financing receivables, gross	26,700	26,700
Portion at Other than Fair Value Measurement | Level 1
Financial assets carried at other than fair value
Card Member and Other loans, less reserves	0	0
Financial liabilities carried at other than fair value
Certificates of deposit	0	0
Long-term debt	0	0
Fair Values (Textuals)
Long-term debt	0	0
Portion at Other than Fair Value Measurement | Level 2
Financial assets carried at other than fair value
Card Member and Other loans, less reserves	0	0
Financial liabilities carried at other than fair value
Certificates of deposit	13,000	5,000
Long-term debt	41,000	40,000
Fair Values (Textuals)
Long-term debt	41,000	40,000
Portion at Other than Fair Value Measurement | Level 3
Financial assets carried at other than fair value
Card Member and Other loans, less reserves	104,000	91,000
Financial liabilities carried at other than fair value
Certificates of deposit	0	0
Long-term debt	0	0
Fair Values (Textuals)
Long-term debt	$ 0	$ 0

Fair Values (Details Textual)

Fair Values (Details Textual) - Fair Value, Nonrecurring - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying value of equity securities without readily determinable fair values	$ 1,200		$ 1,200		$ 1,300
Net upward adjustments of equity securities without readily determinable fair values	6	$ 103	94	$ 730
Net downward adjustments of equity securities without readily determinable fair values	51	$ 0	153	$ 2
Cumulative net unrealized gains for equity investments without readily determinable fair values	1,200		1,200		1,100
Cumulative net unrealized losses for equity investments without readily determinable fair values	$ 159		$ 159		$ 10

Guarantees (Details)

Guarantees (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Guarantees [Abstract]
Maximum potential amount of undiscounted future payments	$ 1,000	$ 1,000
Amount of related liability	$ 28	$ 24

Changes in Accumulated Other _3

Changes in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	$ 23,235	$ 25,539	$ 22,177	$ 22,984
Net change	(234)	(82)	(432)	(68)
Ending Balance	23,940	24,426	23,940	24,426
Tax impact for the changes in each component of accumulated other comprehensive (loss) income
Total tax impact	172	47	235	24
Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(3,143)	(2,881)	(2,945)	(2,895)
Ending Balance	(3,377)	(2,963)	(3,377)	(2,963)
Net Unrealized Gains (Losses) on Debt Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(30)	42	23	65
Net change	(39)	(8)	(92)	(31)
Ending Balance	(69)	34	(69)	34
Tax impact for the changes in each component of accumulated other comprehensive (loss) income
Total tax impact	(13)	(3)	(29)	(9)
Foreign Currency Foreign Currency Translation Adjustment Gains (Losses), net of hedges
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(2,569)	(2,227)	(2,392)	(2,229)
Net change	(200)	(83)	(377)	(81)
Ending Balance	(2,769)	(2,310)	(2,769)	(2,310)
Tax impact for the changes in each component of accumulated other comprehensive (loss) income
Total tax impact	169	45	231	15
Net Unrealized Pension and Other Postretirement Benefit Gains (Losses)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(544)	(696)	(576)	(731)
Net change	5	9	37	44
Ending Balance	(539)	(687)	(539)	(687)
Tax impact for the changes in each component of accumulated other comprehensive (loss) income
Total tax impact	$ 16	$ 5	$ 33	$ 18

Changes in Accumulated Other _4

Changes in Accumulated Other Comprehensive Income (Loss) (Details Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss)	$ (234)	$ (82)	$ (432)	$ (68)
Decrease due to amounts reclassified into earnings
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss)	$ 0	$ 0	$ 0	$ 0

Service Fees and Other Revenu_3

Service Fees and Other Revenue and Other Expenses (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Non Interest Income [Line Items]
Total Service fees and other revenue	$ 10,978	$ 8,934	$ 31,549	$ 24,593
Service fees and other revenue
Non Interest Income [Line Items]
Service fees	353	340	1,072	1,014
Foreign currency-related revenue	338	169	867	414
Delinquency fees	211	167	583	460
Travel commissions and fees	155	74	374	165
Other fees and revenues	112	89	444	129
Total Service fees and other revenue	$ 1,169	$ 839	$ 3,340	$ 2,182

Service Fees and Other Revenu_4

Service Fees and Other Revenue and Other Expenses (Details 1) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Service Fees and Other Revenue and Other Expenses [Abstract]
Data processing and equipment	$ 651	$ 613	$ 1,874	$ 1,772
Professional services	500	490	1,473	1,351
Net unrealized and realized losses (gains) on Amex Ventures investments	47	(142)	68	(773)
Other	376	257	1,008	745
Total Other expenses	$ 1,574	$ 1,218	$ 4,423	$ 3,095

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Actual tax rates	23.60%	25.50%	23%	24.40%
Unrecognized tax benefits change as a result of potential resolutions of prior years' tax	$ 173		$ 173
Unrecognized tax benefits that, if recognized, could impact effective tax rate	$ 137		$ 137

Earnings Per Common Share (EP_3

Earnings Per Common Share (EPS) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended				9 Months Ended
	Sep. 30, 2022		Sep. 30, 2021		Sep. 30, 2022		Sep. 30, 2021
Basic and diluted:
Net income	$ 1,879		$ 1,826		$ 5,942		$ 6,341
Preferred dividends	(14)		(20)		(43)		(49)
Equity-related adjustment	0		(9)		0		(9)
Net income available to common shareholders	1,865		1,797		5,899		6,283
Earnings allocated to participating share awards	(14)		(14)		(45)		(45)
Net income attributable to common shareholders	$ 1,851		$ 1,783		$ 5,854		$ 6,238
Denominator:
Basic: Weighted-average common stock (in shares)	748,000		786,000		752,000		796,000
Add: Weighted-average stock options (in shares)	1,000		1,000		1,000		1,000
Diluted (in shares)	749,000		787,000		753,000		797,000
Basic EPS (in dollars per share)	$ 2.47	[1]	$ 2.27	[1]	$ 7.78	[2]	$ 7.84	[2]
Diluted EPS (in dollars per share)	$ 2.47	[1]	$ 2.27	[1]	$ 7.77	[2]	$ 7.82	[2]
Stock options
Denominator:
The dilutive effect of securities excluded from the calculation of earnings per share (in shares)	260		10		230		10
[1]Represents net income less (i) earnings allocated to participating share awards of $14 million for both the three months ended September 30, 2022 and 2021, (ii) dividends on preferred shares of $14 million and $20 million for the three months ended September 30, 2022 and 2021, respectively, and (iii) an equity-related adjustment of $9 million related to the redemption of preferred shares for the three months ended September 30, 2021.[2]Represents net income less (i) earnings allocated to participating share awards of $45 million for both the nine months ended September 30, 2022 and 2021, (ii) dividends on preferred shares of $43 million and $49 million for the nine months ended September 30, 2022 and 2021, respectively, and (iii) an equity-related adjustment of $9 million related to the redemption of preferred shares for the nine months ended September 30, 2021.

Reportable Operating Segments_2

Reportable Operating Segments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Segment Reporting Information [Line Items]
Total non-interest revenues	$ 10,978	$ 8,934	$ 31,549	$ 24,593
Revenue from contracts with customers	8,733	7,138	25,144	19,553
Interest income	3,374	2,301	8,693	6,633
Interest expense	796	307	1,556	991
Total revenues net of interest expense	13,556	10,928	38,686	30,235
Pretax segment income (loss)	2,459	2,450	7,714	8,383
Total assets	214,915	184,000	214,915	184,000	$ 188,548
Corporate and Other
Segment Reporting Information [Line Items]
Total non-interest revenues	(28)	(22)	(28)	(154)
Revenue from contracts with customers	(13)	(6)	14	(18)
Interest income	201	41	330	127
Interest expense	240	47	391	180
Total revenues net of interest expense	(67)	(28)	(89)	(207)
Pretax segment income (loss)	(582)	(282)	(1,589)	(801)
Total assets	31,000	31,000	31,000	31,000
USCS | Operating Segments
Segment Reporting Information [Line Items]
Total non-interest revenues	4,233	3,372	12,024	9,291
Revenue from contracts with customers	3,200	2,566	9,139	6,967
Interest income	2,251	1,613	5,880	4,647
Interest expense	274	89	513	310
Total revenues net of interest expense	6,210	4,896	17,391	13,628
Pretax segment income (loss)	1,309	1,251	4,114	4,677
Total assets	85,000	68,000	85,000	68,000
CS | Operating Segments
Segment Reporting Information [Line Items]
Total non-interest revenues	3,145	2,558	8,986	7,053
Revenue from contracts with customers	2,791	2,250	8,003	6,174
Interest income	552	365	1,435	1,020
Interest expense	201	81	409	253
Total revenues net of interest expense	3,496	2,842	10,012	7,820
Pretax segment income (loss)	774	699	2,333	2,219
Total assets	51,000	41,000	51,000	41,000
ICS | Operating Segments
Segment Reporting Information [Line Items]
Total non-interest revenues	2,066	1,732	6,065	4,814
Revenue from contracts with customers	1,332	1,116	3,857	3,060
Interest income	364	278	1,035	827
Interest expense	178	114	445	309
Total revenues net of interest expense	2,252	1,896	6,655	5,332
Pretax segment income (loss)	166	269	593	889
Total assets	33,000	30,000	33,000	30,000
GMNS | Operating Segments
Segment Reporting Information [Line Items]
Total non-interest revenues	1,562	1,294	4,502	3,589
Revenue from contracts with customers	1,423	1,212	4,131	3,370
Interest income	6	4	13	12
Interest expense	(97)	(24)	(202)	(61)
Total revenues net of interest expense	1,665	1,322	4,717	3,662
Pretax segment income (loss)	792	513	2,263	1,399
Total assets	$ 15,000	$ 14,000	$ 15,000	$ 14,000