American Express (AXP) 10-Q 21 Apr 23 2023 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2023	Apr. 13, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2023
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		743,240,707
Entity Central Index Key	0000004962
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Amendment Flag	false

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) shares in Millions, $ in Millions		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022
Non-interest revenues
Non-interest revenues		$ 11,298	$ 9,536
Interest income
Interest on loans		3,939	2,473
Interest and dividends on investment securities		30	13
Deposits with banks and other		447	34
Total interest income		4,416	2,520
Interest expense
Deposits		994	122
Long-term debt and other		439	199
Total interest expense		1,433	321
Net interest income		2,983	2,199
Total revenues net of interest expense		14,281	11,735
Provisions for credit losses
Total provisions for credit losses		1,055	(33)
Total revenues net of interest expense after provisions for credit losses		13,226	11,768
Expenses
Card Member rewards		3,766	3,111
Business development		1,393	1,043
Card Member services		983	626
Marketing		1,341	1,224
Salaries and employee benefits		2,014	1,654
Other, net		1,562	1,398
Total expenses		11,059	9,056
Pretax income		2,167	2,712
Income tax provision		351	613
Net income		$ 1,816	$ 2,099
Earnings per Common Share
Basic (in dollars per share)	[1]	$ 2.41	$ 2.73
Diluted (in dollars per share)	[1]	$ 2.40	$ 2.73
Average common shares outstanding for earnings per common share:
Basic (in shares)		743	757
Diluted (in shares)		744	758
Card Member Receivables
Provisions for credit losses
Total provisions for credit losses		$ 222	$ 80
Card Member Loans
Provisions for credit losses
Total provisions for credit losses		786	(111)
Other
Provisions for credit losses
Total provisions for credit losses		47	(2)
Discount revenue
Non-interest revenues
Non-interest revenues		7,947	6,835
Net card fees
Non-interest revenues
Non-interest revenues		1,713	1,423
Service fees and other revenue
Non-interest revenues
Non-interest revenues		1,218	906
Processed revenue
Non-interest revenues
Non-interest revenues		$ 420	$ 372
[1]Represents net income less (i) earnings allocated to participating share awards of $14 million and $16 million for the three months ended March 31, 2023 and 2022, respectively, and (ii) dividends on preferred shares of $14 million for both the three months ended March 31, 2023 and 2022.

Consolidated Statements of In_2

Consolidated Statements of Income (Unaudited) (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Earnings allocated to participating share awards	$ 14	$ 16
Dividends on preferred shares	$ 14	$ 14

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 1,816	$ 2,099
Other comprehensive income (loss):
Net unrealized debt securities gains (losses), net of tax	19	(28)
Foreign currency translation adjustments, net of hedges and tax	28	(20)
Net unrealized pension and other postretirement benefits, net of tax	57	20
Other comprehensive income (loss)	104	(28)
Comprehensive income	$ 1,920	$ 2,071

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Cash and cash equivalents
Cash and due from banks (includes restricted cash of consolidated variable interest entities: 2023, $3; 2022, $5)	$ 3,105	$ 5,510
Interest-bearing deposits in other banks (includes securities purchased under resale agreements: 2023, $307; 2022, $318)	37,524	28,097
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2023, $54; 2022, $54)	207	307
Total cash and cash equivalents	40,836	33,914
Investment securities	3,964	4,578
Premises and equipment, less accumulated depreciation and amortization: 2023, $10,233; 2022, $9,850	5,204	5,215
Other assets, less reserves for credit losses: 2023, $25; 2022, $22	17,752	17,689
Total assets	235,842	228,354
Liabilities
Customer deposits	120,806	110,239
Accounts payable	12,526	12,133
Short-term borrowings	1,724	1,348
Long-term debt (includes debt issued by consolidated variable interest entities: 2023, $11,665; 2022, $12,662)	41,138	42,573
Other liabilities	33,656	37,350
Total liabilities	209,850	203,643
Contingencies (Note 7)
Shareholders’ Equity
Preferred shares, $1.662/3 par value, authorized 20 million shares; issued and outstanding 1,600 shares as of March 31, 2023 and December 31, 2022	0	0
Common shares, $0.20 par value, authorized 3.6 billion shares; issued and outstanding 743 million shares as of March 31, 2023 and December 31, 2022	149	149
Additional paid-in capital	11,522	11,493
Retained earnings	17,427	16,279
Accumulated other comprehensive income (loss)	(3,106)	(3,210)
Total shareholders’ equity	25,992	24,711
Total liabilities and shareholders’ equity	235,842	228,354
Card Member Receivables
Cash and cash equivalents
Financing receivables, net	57,271	57,384
Card Member Loans
Cash and cash equivalents
Financing receivables, net	104,997	104,217
Other Loans
Cash and cash equivalents
Financing receivables, net	$ 5,818	$ 5,357

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Cash and cash equivalents
Restricted cash	$ 549	$ 544
Securities purchased under resale agreements	307	318
Accumulated depreciation and amortization	10,233	9,850
Other assets, reserves for credit losses	25	22
Liabilities
Long-term debt	$ 41,138	$ 42,573
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)	743,000,000	743,000,000
Common shares, outstanding (in shares)	743,000,000	743,000,000
Card Member Receivables
Cash and cash equivalents
Financing receivables, gross	$ 57,494	$ 57,613
Allowance for credit losses	223	229
Card Member Loans
Cash and cash equivalents
Financing receivables, gross	109,050	107,964
Allowance for credit losses	4,053	3,747
Other Loans
Cash and cash equivalents
Allowance for credit losses	83	59
Variable Interest Entity, Primary Beneficiary
Cash and cash equivalents
Restricted cash	3	5
Restricted investments	54	54
Liabilities
Long-term debt	11,665	12,662
Variable Interest Entity, Primary Beneficiary | Card Member Receivables
Cash and cash equivalents
Financing receivables, gross	5,336	5,193
Variable Interest Entity, Primary Beneficiary | Card Member Loans
Cash and cash equivalents
Financing receivables, gross	$ 27,098	$ 28,461

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022
Cash Flows from Operating Activities
Net income		$ 1,816	$ 2,099
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Provisions for credit losses		1,055	(33)
Depreciation and amortization		400	398
Stock-based compensation		140	122
Deferred taxes		(334)	(69)
Other items	[1]	152	(47)
Originations of loans held-for-sale		(54)	0
Proceeds from sales of loans held-for-sale		59	0
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Other assets		(52)	323
Accounts payable & other liabilities		(3,559)	1,087
Net cash (used in) provided by operating activities		(377)	3,880
Cash Flows from Investing Activities
Sale of investment securities		0	16
Maturities and redemptions of investment securities		900	767
Purchase of investments		(277)	(2,328)
Net increase in Card Member loans and receivables, and other loans	[2]	(1,603)	(785)
Purchase of premises and equipment, net of sales: 2023, $1; 2022, nil		(360)	(447)
Acquisitions/dispositions, net of cash acquired		(64)	0
Net cash used in investing activities		(1,404)	(2,777)
Cash Flows from Financing Activities
Net increase in customer deposits		10,566	6,541
Net increase (decrease) in short-term borrowings	[2]	239	(59)
Proceeds from long-term debt		1,498	6,231
Payments of long-term debt		(3,003)	(6,314)
Issuance of American Express common shares		18	49
Repurchase of American Express common shares and other		(316)	(1,570)
Dividends paid		(405)	(345)
Net cash provided by financing activities		8,597	4,533
Effect of foreign currency exchange rates on cash and cash equivalents		106	14
Net increase in cash and cash equivalents		6,922	5,650
Cash and cash equivalents at beginning of period		33,914	22,028
Cash and cash equivalents at end of period		$ 40,836	$ 27,678
[1]Includes net losses on Amex Ventures investments and changes in fair value hedges.[2]Excludes an increase of $117 million related to non-cash activity during the three months ended March 31, 2023.

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows (Unaudited) (Parenthetical) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Statement of Cash Flows [Abstract]
Sales of premises and equipment	$ 1,000,000	$ 0
Cash and cash equivalents reconciliation
Total cash and cash equivalents	40,836,000,000	27,678,000,000	$ 33,914,000,000	$ 22,028,000,000
Restricted balances included in Cash and cash equivalents	549,000,000	2,207,000,000	544,000,000	525,000,000
Total Cash and cash equivalents, excluding restricted balances	40,287,000,000	$ 25,471,000,000	$ 33,370,000,000	$ 21,503,000,000
Increase in Card Member loans and receivables, and other loans, non-cash	117,000,000
Increase in short-term borrowings, non-cash	$ 117,000,000

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($) $ in Millions	Total	Preferred Shares	Common Shares	Additional Paid-in Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings	Series D Preferred Stock	Series D Preferred Stock Retained Earnings
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	2,099					2,099
Other comprehensive income (loss)	(28)				(28)	0
Repurchase of common shares	(1,483)		(2)	(126)		(1,355)
Other changes, primarily employee plans	26			82		(56)
Cash dividends declared preferred							$ (14)	$ (14)
Cash dividends declared common	(394)					(394)
Ending Balance at Mar. 31, 2022	22,383	0	151	11,451	(2,973)	13,754
Beginning Balance at Dec. 31, 2022	24,711	0	149	11,493	(3,210)	16,279
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,816					1,816
Other comprehensive income (loss)	104				104	0
Repurchase of common shares	(195)		0	(17)		(178)
Other changes, primarily employee plans	20			46		(26)
Cash dividends declared preferred							$ (14)	$ (14)
Cash dividends declared common	(450)					(450)
Ending Balance at Mar. 31, 2023	$ 25,992	$ 0	$ 149	$ 11,522	$ (3,106)	$ 17,427

Consolidated Statements of Sh_2

Consolidated Statements of Shareholders' Equity (Unaudited) (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash dividends declared
Common stock, dividend per share (in dollars per share)	$ 0.60	$ 0.52
Series D Preferred Stock
Cash dividends declared
Preferred stock, dividend per share (in dollars per share)	$ 8,875	$ 8,875

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The Company We are a globally integrated payments company, providing 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, 2022 (the 2022 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. Recently Issued and Adopted Accounting Standards Effective January 1, 2023, we adopted new accounting guidance on troubled debt restructurings (TDR) and vintage disclosures (Update 2022-02) on a prospective basis. The new guidance eliminated 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, created a single loan modification accounting model and enhanced disclosure requirements for loan modifications and write-offs. The implementation did not have a material impact on our Consolidated Financial Statements, and we do not expect it to have a material impact to our Consolidated Financial Statements prospectively. Refer to Note 2 for further information, including the enhanced disclosures. In March 2023, the Financial Accounting Standards Board issued updated accounting guidance to allow the proportional amortization method (PAM) to be applied to tax credit structures beyond low-income housing tax credit (LIHTC) investments. Having implemented PAM in relation to LIHTC investments in January 2021, we are currently evaluating the updated guidance with respect to other qualifying investments, which we do not expect to have a material impact to our Consolidated Financial Statements if adopted.

Loans and Card Member Receivabl

Loans and Card Member Receivables	3 Months Ended
	Mar. 31, 2023
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 March 31, 2023 and December 31, 2022 consisted of: (Millions) 2023 2022 Consumer (a) $ 84,248 $ 84,964 Small Business 24,717 22,947 Corporate 85 53 Card Member loans 109,050 107,964 Less: Reserves for credit losses 4,053 3,747 Card Member loans, net $ 104,997 $ 104,217 Other loans, net (b) $ 5,818 $ 5,357 (a) Includes approximately $27.1 billion and $28.5 billion of gross Card Member loans available to settle obligations of a consolidated variable interest entity (VIE) as of March 31, 2023 and December 31, 2022, respectively. (b) Other loans are presented net of reserves for credit losses of $83 million and $59 million as of March 31, 2023 and December 31, 2022, respectively. Card Member receivables as of March 31, 2023 and December 31, 2022 consisted of: (Millions) 2023 2022 Consumer $ 21,725 $ 22,885 Small Business 19,546 19,629 Corporate (a) 16,223 15,099 Card Member receivables 57,494 57,613 Less: Reserves for credit losses 223 229 Card Member receivables, net $ 57,271 $ 57,384 (a) Includes $5.3 billion and $5.2 billion of gross Card Member receivables available to settle obligations of a consolidated VIE as of March 31, 2023 and December 31, 2022, 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 March 31, 2023 and December 31, 2022: 2023 ( Millions ) Current 30-59 60-89 90+ Total 90+ Days Past Due and Still Accruing Interest (c) Non-Accruals (d) Card Member Loans: Consumer $ 83,292 $ 287 $ 206 $ 463 $ 84,248 $ 354 $ 187 Small Business 24,445 93 63 116 24,717 86 52 Corporate (a) (b) (b) (b) — 85 — — Card Member Receivables: Consumer 21,482 76 51 116 21,725 — — Small Business $ 19,222 $ 121 $ 75 128 19,546 — — Corporate (a) (b) (b) (b) $ 73 $ 16,223 $ — $ — 2022 ( Millions ) Current 30-59 60-89 90+ Total Card Member Loans: Consumer $ 84,102 $ 281 $ 198 $ 383 $ 84,964 Small Business 22,731 81 49 86 22,947 Corporate (a) (b) (b) (b) — 53 Card Member Receivables: Consumer 22,634 83 56 112 22,885 Small Business $ 19,330 $ 120 $ 69 110 19,629 Corporate (a) (b) (b) (b) $ 85 $ 15,099 (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. (c) 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. (d) Non-accrual loans primarily include certain loans placed with outside collection agencies for which we have ceased accruing interest. Credit Quality Indicators for Card Member Loans and Receivables The following tables present the key credit quality indicators as of or for the three months ended March 31: 2023 2022 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 1.5 % 1.9 % 1.1 % 0.8 % 1.1 % 0.8 % Small Business 1.2 % 1.4 % 1.1 % 0.6 % 0.7 % 0.6 % Card Member Receivables: Consumer 1.7 % 1.8 % 1.1 % 0.5 % 0.5 % 0.7 % Small Business 2.1 % 2.3 % 1.7 % 0.7 % 0.8 % 0.9 % Corporate (b) 0.6 % (c) (b) 0.2 % (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 0.5% and 0.3% as of March 31, 2023 and 2022, respectively. Refer to Note 3 for additional indicators, including external qualitative factors, management considers in its evaluation process for reserves for credit losses. Loans and Receivables Restructurings for Borrowers Experiencing Financial Difficulty Effective January 1, 2023, we prospectively adopted Accounting Standards Update 2022-02 guidance that eliminated the recognition and measurement of TDRs. Following the adoption of this guidance, we evaluate all loans and receivables restructurings according to the accounting guidance for loan refinancing and restructuring to determine whether such loan modification should be accounted for as a new loan or a continuation of the existing loan. Our loans and receivables restructurings for borrowers experiencing financial difficulty are generally accounted for as a continuation of the existing loan, which reflects the ongoing effort to support our customer and recover our investment in the existing loan. We offer several types of loans and receivables modification programs to customers experiencing financial difficulty. In such instances, we may modify loans and receivables with the intention to minimize losses and improve collectability, while providing customers with temporary or permanent financial relief. Such modifications to the loans and receivables primarily include (i) temporary interest rate reductions (reducing interest rates to as low as zero percent, in which case the loan is characterized as non-accrual), and/or (ii) placing the customer on a fixed payment plan not to exceed 60 months. Upon entering the modification program, the customer’s ability to make future purchases is limited, canceled or, in certain cases, suspended until the customer successfully exits from the modification program. As of March 31, 2023, we had $14 million of unused credit available to customers with loans modified during the three months ended March 31, 2023. In accordance with the modification agreement with the customer, loans and/or receivables may revert to the original contractual terms (including the contractual interest rate where applicable) when the customer exits the modification program, which is either (i) when all payments have been made in accordance with the modification agreement or (ii) when the customer defaults out of the modification program. The following table provides information relating to loans and receivables modifications for borrowers experiencing financial difficulty during the three months ended March 31, 2023: Three Months Ended March 31, 2023 Account Balances ( Millions ) (a) % of Total Class of Financing Receivables Weighted Average Interest Rate Reduction Average Payment Interest Rate Reduction Card Member Loans Consumer $ 329 0.4 % 15.3 % (b) Small Business 144 0.6 % 15.1 % (b) Corporate — — — (b) Term Extension Card Member Receivables Consumer 117 0.5 % (c) 23 Small Business 199 1.0 % (c) 24 Corporate 7 0.04 % (c) 10 Other Loans 6 0.1 % — 18 Interest Rate Reduction Other Loans 5 0.1 % 1.9 % 18 Total $ 807 (a) Represents the outstanding balances as of March 31, 2023, of all modifications undertaken on or after January 1, 2023 for loans that remain in modification programs as of, or that defaulted on or before, March 31, 2023. The outstanding balances include 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. A customer can miss up to three payments before being considered in default, depending on the terms of the modification program. For loans and receivables modified on or after January 1, 2023, the amount of defaulted balances was immaterial for the three months ended March 31, 2023. The following table provides information relating to the performance of loans and receivables that were modified on or after January 1, 2023. As of March 31, 2023 Account Balances ( Millions ) (a) Current 30-89 Days Past Due 90+ Days Past Due Card Member Loans Consumer $ 273 $ 43 $ 13 Small Business 119 20 5 Corporate — — — Card Member Receivables: Consumer 100 14 3 Small Business 157 36 6 Corporate 7 — — Other Loans 11 — — Total $ 667 $ 113 $ 27 (a) Represents the outstanding balances as of March 31, 2023 of all modifications undertaken on or after January 1, 2023 for loans that remain in modification programs as of, or that defaulted on or before, March 31, 2023. Troubled Debt Restructuring Disclosures Prior to Our Adoption of ASU 2022-02 Prior to our adoption of ASU 2022-02, we accounted for a modification to the contractual terms of a loan that resulted in granting a concession to a borrower experiencing financial difficulties as a TDR. Loans that were classified as a TDR prior to the adoption of ASU 2022-02 will continue to be accounted for under the historical TDR accounting until the loan is entirely paid off or written off. The following table provides additional information with respect to our impaired loans and receivables as of December 31, 2022: As of December 31, 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 Card Member Loans Consumer $ 252 $ 155 $ 781 $ 1,098 $ 2,286 $ 335 Small Business 54 34 267 380 735 108 Corporate — — — — — — Card Member Receivables Consumer — — 257 179 436 20 Small Business — — 403 402 805 40 Corporate — — 6 7 13 1 Other Loans 3 2 19 2 26 — Total $ 309 $ 191 $ 1,733 $ 2,068 $ 4,301 $ 504 (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 $48 million that were over 90 days past due and accruing interest as of December 31, 2022 and $17 million that were non-accruals as of December 31, 2022. (d) In Program TDRs include accounts that are currently enrolled in a modification program. (e) Out of Program TDRs include $1,922 million of accounts that have successfully completed a modification program and $146 million of accounts that were not in compliance with the terms of the modification programs as of December 31, 2022. Loans and Receivables modified as TDRs Prior to Our Adoption of ASU 2022-02 The following table provides additional information with respect to loans and receivables that were modified as TDRs during the three months ended March 31, 2022: Three Months Ended Number of Account Balances (millions) (a) Average Interest Rate Reduction (% Points) Average Payment Term Extensions Troubled Debt Restructurings: Card Member Loans 27 $ 177 14 (b) Card Member Receivables 6 171 (c) 17 Other Loans 1 1 2 15 Total 34 $ 349 (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. Loans and Receivables Modified and Subsequently Defaulted Prior to Our Adoption of ASU 2022-02 The following table provides 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 Number of Aggregated Outstanding Balances Upon Default (millions) (a) Troubled Debt Restructurings That Subsequently Defaulted: Card Member Loans 4 $ 29 Card Member Receivables 1 10 Other Loans — — Total 5 $ 39 (a) The outstanding balances upon default include principal, fees and accrued interest on loans, and principal and fees on receivables.

Reserves for Credit Losses

Reserves for Credit Losses	3 Months Ended
	Mar. 31, 2023
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. This history includes the performance of loans and receivables modifications for borrowers experiencing financial difficulty, including their subsequent defaults. 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 assigns probability weights to each scenario, generally with a consistent initial distribution. At times, due to macroeconomic uncertainty and volatility, management may apply judgment and assign different probability weights to 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) March 31, 2023 December 31, 2022 March 31, 2023 December 31, 2022 First quarter of 2023 3% 3% - 6% (0.4)% 5% - (1)% Fourth quarter of 2023 3% - 7% 3% - 8% 4% - (3)% 6% - 0.2% Fourth quarter of 2024 3% - 7% 3% - 7% 3% - 2% 3% - 2% Fourth quarter of 2025 3% - 6% 3% - 6% 3% 4% - 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 March 31, 2023, driven by higher delinquencies and an increase in loans outstanding. Card Member loans reserve for credit losses decreased for the three months ended March 31, 2022, primarily driven by a reduction in pandemic-driven reserves reflecting sustained recovery from the macroeconomic impact of the COVID-19 pandemic. The following table presents changes in the Card Member loans reserve for credit losses for the three months ended March 31: Three Months Ended March 31, (Millions) 2023 2022 Beginning Balance $ 3,747 $ 3,305 Provisions (a) 786 (111) Net write-offs (b) Principal (397) (165) Interest and fees (89) (50) Other (c) 6 2 Ending Balance $ 4,053 $ 2,981 (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 $128 million and $144 million for the three months ended March 31, 2023 and 2022, respectively. Recoveries of interest and fees were not significant. (c) Primarily includes foreign currency translation adjustments of $6 million and $2 million for the three months ended March 31, 2023 and 2022, respectively. Changes in Card Member Receivables Reserve for Credit Losses Card Member receivables reserve for credit losses decreased for the three months ended March 31, 2023, primarily driven by a sequential decrease in receivables outstanding, partially offset by higher delinquencies. Card Member receivables reserve for credit losses increased for the three months ended March 31, 2022, primarily driven by higher delinquencies. The following table presents changes in the Card Member receivables reserve for credit losses for the three months ended March 31: Three Months Ended March 31, (Millions) 2023 2022 Beginning Balance $ 229 $ 64 Provisions (a) 222 80 Net write-offs (b) (230) (67) Other (c) 2 (1) Ending Balance $ 223 $ 76 (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 $69 million and $67 million for the three months ended March 31, 2023 and 2022, respectively. (c) Primarily includes foreign currency translation adjustments of $2 million and nil for the three months ended March 31, 2023 and 2022, respectively.

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2023
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 $12 million as of both March 31, 2023 and December 31, 2022 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 March 31, 2023 and December 31, 2022: 2023 2022 Description of Securities (Millions) Cost Gross Gross Estimated Cost Gross Gross Estimated Available-for-sale debt securities: State and municipal obligations $ 63 $ — $ (8) $ 55 $ 64 $ — $ (10) $ 54 U.S. Government agency obligations 4 — — 4 5 — — 5 U.S. Government treasury obligations 3,180 — (50) 3,130 3,859 — (73) 3,786 Mortgage-backed securities (a) 13 — — 13 13 — — 13 Foreign government bonds and obligations 669 — (1) 668 633 — (1) 632 Other (b) 52 — — 52 47 — — 47 Equity securities (c) 50 — (8) 42 50 — (9) 41 Total $ 4,031 $ — $ (67) $ 3,964 $ 4,671 $ — $ (93) $ 4,578 (a) Represents mortgage-backed securities guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae. (b) Represents investments in 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 March 31, 2023 and December 31, 2022: 2023 2022 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 $ — $ — $ 31 $ (8) $ 52 $ (10) $ — $ — U.S. Government treasury obligations 982 (13) 2,122 (37) 3,710 (72) 52 (1) Foreign government bonds and obligations 521 (1) — — 549 (1) — — Total $ 1,503 $ (14) $ 2,153 $ (45) $ 4,311 $ (83) $ 52 $ (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 more likely than not that we will not 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 for available-for-sale debt securities by ratio of fair value to amortized cost as of March 31, 2023 and December 31, 2022: 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 2023: 90–100% 61 $ 1,503 $ (14) 19 $ 2,137 $ (39) 80 $ 3,640 $ (53) Less than 90% — $ — $ — 3 $ 16 $ (6) 3 $ 16 $ (6) Total as of March 31, 2023 61 $ 1,503 $ (14) 22 $ 2,153 $ (45) 83 $ 3,656 $ (59) 2022: 90–100% 74 $ 4,287 $ (74) 3 $ 52 $ (1) 77 $ 4,339 $ (75) Less than 90% 14 $ 24 $ (9) — $ — $ — 14 $ 24 $ (9) Total as of December 31, 2022 88 $ 4,311 $ (83) 3 $ 52 $ (1) 91 $ 4,363 $ (84) Contractual maturities for available-for-sale debt securities with stated maturities as of March 31, 2023 were as follows: (Millions) Cost Estimated Due within 1 year $ 2,727 $ 2,694 Due after 1 year but within 5 years 1,155 1,137 Due after 5 years but within 10 years 41 41 Due after 10 years 58 50 Total $ 3,981 $ 3,922 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	3 Months Ended
	Mar. 31, 2023
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 $15.6 billion and $16.0 billion as of March 31, 2023 and December 31, 2022, respectively, and for the Charge Trust was $5.3 billion and $5.2 billion as of March 31, 2023 and December 31, 2022, 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 $57 million and $59 million as of March 31, 2023 and December 31, 2022, respectively, and for the Charge Trust was nil as of both March 31, 2023 and December 31, 2022. 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 three months ended March 31, 2023 and the year ended December 31, 2022, no such triggering events occurred.

Customer Deposits

Customer Deposits	3 Months Ended
	Mar. 31, 2023
Deposits [Abstract]
Customer Deposits	Customer Deposits As of March 31, 2023 and December 31, 2022, customer deposits were categorized as interest-bearing or non-interest-bearing as follows: (Millions) 2023 2022 U.S.: Interest-bearing $ 119,832 $ 109,119 Non-interest-bearing (includes Card Member credit balances of: 2023, $472; 2022, $605) 522 663 Non-U.S.: Interest-bearing 15 15 Non-interest-bearing (includes Card Member credit balances of: 2023, $434; 2022, $439) 437 442 Total customer deposits $ 120,806 $ 110,239 Customer deposits by deposit type as of March 31, 2023 and December 31, 2022 were as follows: (Millions) 2023 2022 Savings and transaction accounts $ 84,200 $ 76,731 Certificates of deposit: Direct 4,102 2,765 Third-party (brokered) 15,736 13,331 Sweep accounts – Third-party (brokered) 15,799 16,297 Other deposits 63 71 Card Member credit balances 906 1,044 Total customer deposits $ 120,806 $ 110,239 The scheduled maturities of certificates of deposit as of March 31, 2023 were as follows: (Millions) 2023 2024 2025 2026 2027 After 5 Years Total Certificates of deposit $ 5,550 $ 8,934 $ 3,610 $ 554 $ 782 $ 408 $ 19,838 As of March 31, 2023 and December 31, 2022, certificates of deposit in denominations of $250,000 or more, in the aggregate, were as follows: (Millions) 2023 2022 U.S. $ 1,432 $ 998 Non-U.S. — 1 Total $ 1,432 $ 999

Contingencies

Contingencies	3 Months Ended
	Mar. 31, 2023
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 expected in 2023. In May 2020, we began responding to a review by the Office of the Comptroller of the Currency (OCC) and the Department of Justice (DOJ) Civil Division regarding historical sales practices relating to sales to small business customers in the United States. In January 2021, we received a grand jury subpoena from the United States Attorney’s Office for the Eastern District of New York (EDNY) regarding these sales practices issues, as well as a Civil Investigative Demand from the Consumer Financial Protection Bureau (CFPB) pertaining to its investigation into sales practices related to consumers. In January 2023, the CFPB notified us that its investigation was completed and that it does not intend to recommend an enforcement action be taken against us at this time. The OCC, DOJ and EDNY reviews and investigations are ongoing and we have been made aware of a related investigation by the New York Department of Financial Services. We are cooperating with all inquiries. Any negotiated resolution or litigated proceedings arising from these matters could result in fines or other remedial actions. 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 $320 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	3 Months Ended
	Mar. 31, 2023
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 March 31, 2023 and December 31, 2022 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 relevant agreement in the event of a downgrade of our debt credit rating below investment grade and settle the outstanding net liability position. As of March 31, 2023, 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 March 31, 2023 and December 31, 2022, 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 March 31, 2023 and December 31, 2022: Other Assets Fair Value Other Liabilities Fair Value (Millions) 2023 2022 2023 2022 Derivatives designated as hedging instruments: Fair value hedges - Interest rate contracts (a) $ — $ — $ 163 $ 211 Net investment hedges - Foreign exchange contracts 145 350 218 251 Total derivatives designated as hedging instruments 145 350 381 462 Derivatives not designated as hedging instruments: Foreign exchange contracts and other 162 171 179 339 Total derivatives, gross 307 521 560 801 Derivative asset and derivative liability netting (b) (179) (257) (179) (257) Cash collateral netting (c) — (11) (170) (212) Total derivatives, net $ 128 $ 253 $ 211 $ 332 (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 $8 million as of both March 31, 2023 and December 31, 2022, 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 $6.5 billion and $8.1 billion of fixed-rate debt obligations designated in fair value hedging relationships as of March 31, 2023 and December 31, 2022, 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 months ended March 31: Gains (losses) Three Months Ended (Millions) 2023 2022 Fixed-rate long-term debt $ (53) $ 258 Derivatives designated as hedging instruments 53 (261) Total $ — $ (3) The carrying values of the hedged liabilities, recorded within Long-term debt on the Consolidated Balance Sheets, were $6.3 billion and $7.8 billion as of March 31, 2023 and December 31, 2022, respectively, including the cumulative amount of fair value hedging adjustments of $(183) million and $(236) million for the respective periods. We recognized in Interest expense on Long-term debt a net increase of $39 million and a net decrease of $57 million for the three months ended March 31, 2023 and 2022, 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 $12.6 billion and $12.5 billion of foreign currency derivatives designated as net investment hedges as of March 31, 2023 and December 31, 2022, 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 losses of $198 million and $85 million for the three months ended March 31, 2023 and 2022, respectively. Net investment hedge reclassifications out of AOCI into the Consolidated Statements of Income were not significant for both the three months ended March 31, 2023 and 2022. 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 $21.9 billion and $21.7 billion as of March 31, 2023 and December 31, 2022, respectively. The changes in the fair value of the derivatives and the related underlying foreign currency exposures resulted in a net gain of $5 million and a net loss of $12 million for the three months ended March 31, 2023 and 2022, respectively, that are recognized in Other, net expenses in the Consolidated Statements of Income.

Fair Values

Fair Values	3 Months Ended
	Mar. 31, 2023
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 March 31, 2023 and December 31, 2022: 2023 2022 (Millions) Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Assets: Investment securities: (a) Equity securities $ 42 $ 41 $ 1 $ — $ 41 $ 40 $ 1 $ — Debt securities 3,922 — 3,870 52 4,537 — 4,490 47 Derivatives, gross (a)(b) 307 — 284 23 521 — 494 27 Total Assets 4,271 41 4,155 75 5,099 40 4,985 74 Liabilities: Derivatives, gross (a) 560 — 560 — 801 — 801 — Total Liabilities $ 560 $ — $ 560 $ — $ 801 $ — $ 801 $ — (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 March 31, 2023 and December 31, 2022. The fair values of these financial instruments are estimates based upon the market conditions and perceived risks as of March 31, 2023 and December 31, 2022, 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 2023 (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) $ 41 $ 41 $ 39 $ 2 $ — Other financial assets (b) 60 60 — 60 — Financial assets carried at other than fair value Card Member and Other loans, less reserves (c) 111 115 — — 115 Financial Liabilities: Financial liabilities for which carrying values equal or approximate fair value 127 127 — 127 — Financial liabilities carried at other than fair value Certificates of deposit (d) 20 20 — 20 — Long-term debt (c) $ 41 $ 41 $ — $ 41 $ — 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) $ 34 $ 34 $ 32 $ 2 $ — Other financial assets (b) 60 60 — 60 — Financial assets carried at other than fair value Card Member and Other loans, less reserves (c) 110 113 — — 113 Financial Liabilities: Financial liabilities for which carrying values equal or approximate fair value 123 123 — 123 — Financial liabilities carried at other than fair value Certificates of deposit (d) 16 16 — 16 — Long-term debt (c) $ 43 $ 42 $ — $ 42 $ — (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 $5.3 billion and $5.2 billion held by a consolidated VIE as of March 31, 2023 and December 31, 2022, 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 $27.1 billion and $28.4 billion as of March 31, 2023 and December 31, 2022, respectively, and the fair values of Long-term debt were $11.4 billion and $12.3 billion as of March 31, 2023 and December 31, 2022, 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, which include investments in our Amex Ventures portfolio, based on price changes as of the date of new similar equity financing transactions completed by the companies in the portfolio. In addition, impairments on such investments are recorded to account for the difference between the estimated fair value and carrying value of an investment based on a qualitative assessment of impairment indicators such as business performance, general market conditions and the economic and regulatory environment. When an impairment triggering event occurs, the fair value measurement is generally derived by taking into account all available information, such as share prices of publicly traded peer companies, internal valuations performed by our investees, and other third-party fair value data. The fair value of impaired investments represents a Level 3 fair value measurement. The carrying value of equity investments without readily determinable fair values totaled $0.9 billion and $1.0 billion as of March 31, 2023 and December 31, 2022, respectively, of which approximately $0.2 billion and $0.6 billion as of March 31, 2023 and December 31, 2022, respectively, represented a nonrecurring Level 3 fair value measurement for certain of our equity investments. These amounts are included within Other assets on the Consolidated Balance Sheets. We recorded unrealized gains of nil and $12 million for the three months ended March 31, 2023 and 2022, respectively. Unrealized losses representing impairments were $95 million and $18 million for the three months ended March 31, 2023 and 2022, respectively. Unrealized gains and losses are recorded in Other, net on the Consolidated Statements of Income. 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 as of both March 31, 2023 and December 31, 2022, and cumulative unrealized losses representing impairments were $489 million and $394 million as of March 31, 2023 and December 31, 2022, 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 March 31, 2023 and December 31, 2022.

Guarantees

Guarantees	3 Months Ended
	Mar. 31, 2023
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 $21 million, respectively, as of both March 31, 2023 and December 31, 2022, 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)	3 Months Ended
	Mar. 31, 2023
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 months ended March 31, 2023 and 2022 were as follows: Three Months Ended March 31, 2023 (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, 2022 $ (64) $ (2,622) $ (524) $ (3,210) Net change 19 28 57 104 Balances as of March 31, 2023 $ (45) $ (2,594) $ (467) $ (3,106) Three Months Ended March 31, 2022 (Millions), net of tax Net Unrealized Foreign Currency Translation Adjustment Gains (Losses), net of hedges (a) Net Unrealized Accumulated Balances as of December 31, 2021 $ 23 $ (2,392) $ (576) $ (2,945) Net change (28) (20) 20 (28) Balances as of March 31, 2022 $ (5) $ (2,412) $ (556) $ (2,973) (a) Refer to Note 8 for additional information on hedging activity. The following table shows the tax impact for the three months ended March 31 for the changes in each component of AOCI presented above: Tax expense (benefit) Three Months Ended (Millions) 2023 2022 Net unrealized gains (losses) on debt securities $ 6 $ (9) Foreign currency translation adjustment, net of hedges (45) (30) Pension and other postretirement benefits 5 7 Total tax impact $ (34) $ (32) Reclassifications out of AOCI into the Consolidated Statements of Income for the three months ended March 31, 2023 and 2022 were not significant.

Service Fees and Other Revenue

Service Fees and Other Revenue and Other Expenses	3 Months Ended
	Mar. 31, 2023
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 months ended March 31: Three Months Ended (Millions) 2023 2022 Service fees $ 366 $ 349 Foreign currency-related revenue 338 225 Delinquency fees 233 179 Travel commissions and fees 135 88 Other fees and revenues 146 65 Total Service fees and other revenue $ 1,218 $ 906 The following is a detail of Other expenses for the three months ended March 31: Three Months Ended (Millions) 2023 2022 Data processing and equipment $ 660 $ 600 Professional services 440 472 Net unrealized and realized losses on Amex Ventures investments (a) 95 11 Other 367 315 Total Other expenses $ 1,562 $ 1,398 (a) Refer to Note 9 for further information regarding Amex Ventures investments accounted for as equity investments without readily determinable fair values.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The effective tax rate was 16.2 percent and 22.6 percent for the three months ended March 31, 2023 and 2022, respectively. The decrease in the effective tax rate primarily reflected discrete tax benefits in the current period related to the resolution of certain prior-year tax items. 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 $112 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 $112 million of unrecognized tax benefits, approximately $88 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)	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Earnings Per Common Share (EPS)	Earnings Per Common Share (EPS) The computations of basic and diluted EPS for the three months ended March 31 were as follows: Three Months Ended (Millions, except per share amounts) 2023 2022 Numerator: Basic and diluted: Net income $ 1,816 $ 2,099 Preferred dividends (14) (14) Net income available to common shareholders $ 1,802 $ 2,085 Earnings allocated to participating share awards (a) (14) (16) Net income attributable to common shareholders $ 1,788 $ 2,069 Denominator: (a) Basic: Weighted-average common stock 743 757 Add: Weighted-average stock options (b) 1 1 Diluted 744 758 Basic EPS $ 2.41 $ 2.73 Diluted EPS $ 2.40 $ 2.73 (a) 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. (b) The dilutive effect of unexercised stock options excludes from the computation of EPS 1.3 million and 0.1 million of options for the three months ended March 31, 2023 and 2022, respectively, because inclusion of the options would have been anti-dilutive.

Reportable Operating Segments

Reportable Operating Segments	3 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Reportable Operating Segments	Reportable Operating Segments As disclosed in the 2022 Form 10-K, we realigned our reportable operating segments to reflect organizational changes effective for the third quarter of 2022. 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 months ended March 31: Three Months Ended March 31, 2023 (Millions, except where indicated) USCS CS ICS GMNS Corporate & Other (a) Consolidated Total non-interest revenues $ 4,359 $ 3,107 $ 2,267 $ 1,596 $ (31) $ 11,298 Revenue from contracts with customers (b) 3,239 2,731 1,441 1,448 (13) 8,846 Interest income 2,775 706 467 14 454 4,416 Interest expense 551 321 224 (131) 468 1,433 Total revenues net of interest expense 6,583 3,492 2,510 1,741 (45) 14,281 Pretax income (loss) $ 1,130 $ 630 $ 189 $ 885 $ (667) $ 2,167 Total assets (billions) $ 91 $ 54 $ 36 $ 17 $ 38 $ 236 Three Months Ended March 31, 2022 (Millions, except where indicated) USCS CS ICS GMNS Corporate & Other (a) Consolidated Total non-interest revenues $ 3,637 $ 2,719 $ 1,859 $ 1,372 $ (51) $ 9,536 Revenue from contracts with customers (b) 2,742 2,421 1,199 1,274 4 7,640 Interest income 1,736 415 324 2 43 2,520 Interest expense 103 87 123 (44) 52 321 Total revenues net of interest expense 5,270 3,047 2,060 1,418 (60) 11,735 Pretax income (loss) $ 1,532 $ 781 $ 244 $ 669 $ (514) $ 2,712 Total assets (billions) $ 77 $ 47 $ 32 $ 16 $ 24 $ 196 (a) Corporate & Other includes adjustments and eliminations for intersegment activity. (b) Includes discount revenue, certain service fees and other revenue and processed revenue from customers.

Basis of Presentation (Policies

Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2023
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.
Recently Issued and Adopted Accounting Standards	Recently Issued and Adopted Accounting Standards Effective January 1, 2023, we adopted new accounting guidance on troubled debt restructurings (TDR) and vintage disclosures (Update 2022-02) on a prospective basis. The new guidance eliminated 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, created a single loan modification accounting model and enhanced disclosure requirements for loan modifications and write-offs. The implementation did not have a material impact on our Consolidated Financial Statements, and we do not expect it to have a material impact to our Consolidated Financial Statements prospectively. Refer to Note 2 for further information, including the enhanced disclosures. In March 2023, the Financial Accounting Standards Board issued updated accounting guidance to allow the proportional amortization method (PAM) to be applied to tax credit structures beyond low-income housing tax credit (LIHTC) investments. Having implemented PAM in relation to LIHTC investments in January 2021, we are currently evaluating the updated guidance with respect to other qualifying investments, which we do not expect to have a material impact to our Consolidated Financial Statements if adopted.
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. This history includes the performance of loans and receivables modifications for borrowers experiencing financial difficulty, including their subsequent defaults. 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 assigns probability weights to each scenario, generally with a consistent initial distribution. At times, due to macroeconomic uncertainty and volatility, management may apply judgment and assign different probability weights to 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 $320 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 March 31, 2023 and December 31, 2022 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, which include investments in our Amex Ventures portfolio, based on price changes as of the date of new similar equity financing transactions completed by the companies in the portfolio. In addition, impairments on such investments are recorded to account for the difference between the estimated fair value and carrying value of an investment based on a qualitative assessment of impairment indicators such as business performance, general market conditions and the economic and regulatory environment. When an impairment triggering event occurs, the fair value measurement is generally derived by taking into account all available information, such as share prices of publicly traded peer companies, internal valuations performed by our investees, and other third-party fair value data. The fair value of impaired investments represents a Level 3 fair value measurement. The carrying value of equity investments without readily determinable fair values totaled $0.9 billion and $1.0 billion as of March 31, 2023 and December 31, 2022, respectively, of which approximately $0.2 billion and $0.6 billion as of March 31, 2023 and December 31, 2022, respectively, represented a nonrecurring Level 3 fair value measurement for certain of our equity investments. These amounts are included within Other assets on the Consolidated Balance Sheets. We recorded unrealized gains of nil and $12 million for the three months ended March 31, 2023 and 2022, respectively. Unrealized losses representing impairments were $95 million and $18 million for the three months ended March 31, 2023 and 2022, respectively. Unrealized gains and losses are recorded in Other, net on the Consolidated Statements of Income. 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 as of both March 31, 2023 and December 31, 2022, and cumulative unrealized losses representing impairments were $489 million and $394 million as of March 31, 2023 and December 31, 2022, 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 March 31, 2023 and December 31, 2022.
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)	3 Months Ended
	Mar. 31, 2023
Receivables [Abstract]
Card member and other loan detail	Card Member and Other loans as of March 31, 2023 and December 31, 2022 consisted of: (Millions) 2023 2022 Consumer (a) $ 84,248 $ 84,964 Small Business 24,717 22,947 Corporate 85 53 Card Member loans 109,050 107,964 Less: Reserves for credit losses 4,053 3,747 Card Member loans, net $ 104,997 $ 104,217 Other loans, net (b) $ 5,818 $ 5,357 (a) Includes approximately $27.1 billion and $28.5 billion of gross Card Member loans available to settle obligations of a consolidated variable interest entity (VIE) as of March 31, 2023 and December 31, 2022, respectively. (b) Other loans are presented net of reserves for credit losses of $83 million and $59 million as of March 31, 2023 and December 31, 2022, respectively. Card Member receivables as of March 31, 2023 and December 31, 2022 consisted of: (Millions) 2023 2022 Consumer $ 21,725 $ 22,885 Small Business 19,546 19,629 Corporate (a) 16,223 15,099 Card Member receivables 57,494 57,613 Less: Reserves for credit losses 223 229 Card Member receivables, net $ 57,271 $ 57,384 (a) Includes $5.3 billion and $5.2 billion of gross Card Member receivables available to settle obligations of a consolidated VIE as of March 31, 2023 and December 31, 2022, respectively.
Aging of receivables	The following table presents the aging of Card Member loans and receivables as of March 31, 2023 and December 31, 2022: 2023 ( Millions ) Current 30-59 60-89 90+ Total 90+ Days Past Due and Still Accruing Interest (c) Non-Accruals (d) Card Member Loans: Consumer $ 83,292 $ 287 $ 206 $ 463 $ 84,248 $ 354 $ 187 Small Business 24,445 93 63 116 24,717 86 52 Corporate (a) (b) (b) (b) — 85 — — Card Member Receivables: Consumer 21,482 76 51 116 21,725 — — Small Business $ 19,222 $ 121 $ 75 128 19,546 — — Corporate (a) (b) (b) (b) $ 73 $ 16,223 $ — $ — 2022 ( Millions ) Current 30-59 60-89 90+ Total Card Member Loans: Consumer $ 84,102 $ 281 $ 198 $ 383 $ 84,964 Small Business 22,731 81 49 86 22,947 Corporate (a) (b) (b) (b) — 53 Card Member Receivables: Consumer 22,634 83 56 112 22,885 Small Business $ 19,330 $ 120 $ 69 110 19,629 Corporate (a) (b) (b) (b) $ 85 $ 15,099 (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. (c) 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. (d) Non-accrual loans primarily include certain loans placed with outside collection agencies for which we have ceased accruing interest.
Credit quality indicators for loans and receivables	The following tables present the key credit quality indicators as of or for the three months ended March 31: 2023 2022 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 1.5 % 1.9 % 1.1 % 0.8 % 1.1 % 0.8 % Small Business 1.2 % 1.4 % 1.1 % 0.6 % 0.7 % 0.6 % Card Member Receivables: Consumer 1.7 % 1.8 % 1.1 % 0.5 % 0.5 % 0.7 % Small Business 2.1 % 2.3 % 1.7 % 0.7 % 0.8 % 0.9 % Corporate (b) 0.6 % (c) (b) 0.2 % (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 0.5% and 0.3% as of March 31, 2023 and 2022, respectively.
Modifications of Loans and Receivables	The following table provides information relating to loans and receivables modifications for borrowers experiencing financial difficulty during the three months ended March 31, 2023: Three Months Ended March 31, 2023 Account Balances ( Millions ) (a) % of Total Class of Financing Receivables Weighted Average Interest Rate Reduction Average Payment Interest Rate Reduction Card Member Loans Consumer $ 329 0.4 % 15.3 % (b) Small Business 144 0.6 % 15.1 % (b) Corporate — — — (b) Term Extension Card Member Receivables Consumer 117 0.5 % (c) 23 Small Business 199 1.0 % (c) 24 Corporate 7 0.04 % (c) 10 Other Loans 6 0.1 % — 18 Interest Rate Reduction Other Loans 5 0.1 % 1.9 % 18 Total $ 807 (a) Represents the outstanding balances as of March 31, 2023, of all modifications undertaken on or after January 1, 2023 for loans that remain in modification programs as of, or that defaulted on or before, March 31, 2023. The outstanding balances include 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. The following table provides information relating to the performance of loans and receivables that were modified on or after January 1, 2023. As of March 31, 2023 Account Balances ( Millions ) (a) Current 30-89 Days Past Due 90+ Days Past Due Card Member Loans Consumer $ 273 $ 43 $ 13 Small Business 119 20 5 Corporate — — — Card Member Receivables: Consumer 100 14 3 Small Business 157 36 6 Corporate 7 — — Other Loans 11 — — Total $ 667 $ 113 $ 27 (a) Represents the outstanding balances as of March 31, 2023 of all modifications undertaken on or after January 1, 2023 for loans that remain in modification programs as of, or that defaulted on or before, March 31, 2023. The following table provides additional information with respect to loans and receivables that were modified as TDRs during the three months ended March 31, 2022: Three Months Ended Number of Account Balances (millions) (a) Average Interest Rate Reduction (% Points) Average Payment Term Extensions Troubled Debt Restructurings: Card Member Loans 27 $ 177 14 (b) Card Member Receivables 6 171 (c) 17 Other Loans 1 1 2 15 Total 34 $ 349 (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.
Impaired Card Member loans and receivables	The following table provides additional information with respect to our impaired loans and receivables as of December 31, 2022: As of December 31, 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 Card Member Loans Consumer $ 252 $ 155 $ 781 $ 1,098 $ 2,286 $ 335 Small Business 54 34 267 380 735 108 Corporate — — — — — — Card Member Receivables Consumer — — 257 179 436 20 Small Business — — 403 402 805 40 Corporate — — 6 7 13 1 Other Loans 3 2 19 2 26 — Total $ 309 $ 191 $ 1,733 $ 2,068 $ 4,301 $ 504 (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 $48 million that were over 90 days past due and accruing interest as of December 31, 2022 and $17 million that were non-accruals as of December 31, 2022. (d) In Program TDRs include accounts that are currently enrolled in a modification program. (e) Out of Program TDRs include $1,922 million of accounts that have successfully completed a modification program and $146 million of accounts that were not in compliance with the terms of the modification programs as of December 31, 2022.
Troubled Debt Restructurings On Financing Receivables With Subsequent Default	The following table provides 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 Number of Aggregated Outstanding Balances Upon Default (millions) (a) Troubled Debt Restructurings That Subsequently Defaulted: Card Member Loans 4 $ 29 Card Member Receivables 1 10 Other Loans — — Total 5 $ 39 (a) The outstanding balances upon default include principal, fees and accrued interest on loans, and principal and fees on receivables.

Reserves for Credit Losses (Tab

Reserves for Credit Losses (Tables)	3 Months Ended
	Mar. 31, 2023
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) March 31, 2023 December 31, 2022 March 31, 2023 December 31, 2022 First quarter of 2023 3% 3% - 6% (0.4)% 5% - (1)% Fourth quarter of 2023 3% - 7% 3% - 8% 4% - (3)% 6% - 0.2% Fourth quarter of 2024 3% - 7% 3% - 7% 3% - 2% 3% - 2% Fourth quarter of 2025 3% - 6% 3% - 6% 3% 4% - 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 months ended March 31: Three Months Ended March 31, (Millions) 2023 2022 Beginning Balance $ 3,747 $ 3,305 Provisions (a) 786 (111) Net write-offs (b) Principal (397) (165) Interest and fees (89) (50) Other (c) 6 2 Ending Balance $ 4,053 $ 2,981 (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 $128 million and $144 million for the three months ended March 31, 2023 and 2022, respectively. Recoveries of interest and fees were not significant. (c) Primarily includes foreign currency translation adjustments of $6 million and $2 million for the three months ended March 31, 2023 and 2022, 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 months ended March 31: Three Months Ended March 31, (Millions) 2023 2022 Beginning Balance $ 229 $ 64 Provisions (a) 222 80 Net write-offs (b) (230) (67) Other (c) 2 (1) Ending Balance $ 223 $ 76 (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 $69 million and $67 million for the three months ended March 31, 2023 and 2022, respectively. (c) Primarily includes foreign currency translation adjustments of $2 million and nil for the three months ended March 31, 2023 and 2022, respectively.

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Schedule of available for sale securities by type	The following is a summary of investment securities as of March 31, 2023 and December 31, 2022: 2023 2022 Description of Securities (Millions) Cost Gross Gross Estimated Cost Gross Gross Estimated Available-for-sale debt securities: State and municipal obligations $ 63 $ — $ (8) $ 55 $ 64 $ — $ (10) $ 54 U.S. Government agency obligations 4 — — 4 5 — — 5 U.S. Government treasury obligations 3,180 — (50) 3,130 3,859 — (73) 3,786 Mortgage-backed securities (a) 13 — — 13 13 — — 13 Foreign government bonds and obligations 669 — (1) 668 633 — (1) 632 Other (b) 52 — — 52 47 — — 47 Equity securities (c) 50 — (8) 42 50 — (9) 41 Total $ 4,031 $ — $ (67) $ 3,964 $ 4,671 $ — $ (93) $ 4,578 (a) Represents mortgage-backed securities guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae. (b) Represents investments in 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 March 31, 2023 and December 31, 2022: 2023 2022 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 $ — $ — $ 31 $ (8) $ 52 $ (10) $ — $ — U.S. Government treasury obligations 982 (13) 2,122 (37) 3,710 (72) 52 (1) Foreign government bonds and obligations 521 (1) — — 549 (1) — — Total $ 1,503 $ (14) $ 2,153 $ (45) $ 4,311 $ (83) $ 52 $ (1)
Available for sale securities ratio of fair value to amortized cost	The following table summarizes the gross unrealized losses for available-for-sale debt securities by ratio of fair value to amortized cost as of March 31, 2023 and December 31, 2022: 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 2023: 90–100% 61 $ 1,503 $ (14) 19 $ 2,137 $ (39) 80 $ 3,640 $ (53) Less than 90% — $ — $ — 3 $ 16 $ (6) 3 $ 16 $ (6) Total as of March 31, 2023 61 $ 1,503 $ (14) 22 $ 2,153 $ (45) 83 $ 3,656 $ (59) 2022: 90–100% 74 $ 4,287 $ (74) 3 $ 52 $ (1) 77 $ 4,339 $ (75) Less than 90% 14 $ 24 $ (9) — $ — $ — 14 $ 24 $ (9) Total as of December 31, 2022 88 $ 4,311 $ (83) 3 $ 52 $ (1) 91 $ 4,363 $ (84)
Contractual maturities of investment securities	Contractual maturities for available-for-sale debt securities with stated maturities as of March 31, 2023 were as follows: (Millions) Cost Estimated Due within 1 year $ 2,727 $ 2,694 Due after 1 year but within 5 years 1,155 1,137 Due after 5 years but within 10 years 41 41 Due after 10 years 58 50 Total $ 3,981 $ 3,922

Customer Deposits (Tables)

Customer Deposits (Tables)	3 Months Ended
	Mar. 31, 2023
Deposits [Abstract]
Deposits by component alternative	As of March 31, 2023 and December 31, 2022, customer deposits were categorized as interest-bearing or non-interest-bearing as follows: (Millions) 2023 2022 U.S.: Interest-bearing $ 119,832 $ 109,119 Non-interest-bearing (includes Card Member credit balances of: 2023, $472; 2022, $605) 522 663 Non-U.S.: Interest-bearing 15 15 Non-interest-bearing (includes Card Member credit balances of: 2023, $434; 2022, $439) 437 442 Total customer deposits $ 120,806 $ 110,239
Deposits by type	Customer deposits by deposit type as of March 31, 2023 and December 31, 2022 were as follows: (Millions) 2023 2022 Savings and transaction accounts $ 84,200 $ 76,731 Certificates of deposit: Direct 4,102 2,765 Third-party (brokered) 15,736 13,331 Sweep accounts – Third-party (brokered) 15,799 16,297 Other deposits 63 71 Card Member credit balances 906 1,044 Total customer deposits $ 120,806 $ 110,239
Time deposits by maturity	The scheduled maturities of certificates of deposit as of March 31, 2023 were as follows: (Millions) 2023 2024 2025 2026 2027 After 5 Years Total Certificates of deposit $ 5,550 $ 8,934 $ 3,610 $ 554 $ 782 $ 408 $ 19,838
Time deposits at or above FDIC insurance limit	As of March 31, 2023 and December 31, 2022, certificates of deposit in denominations of $250,000 or more, in the aggregate, were as follows: (Millions) 2023 2022 U.S. $ 1,432 $ 998 Non-U.S. — 1 Total $ 1,432 $ 999

Derivatives and Hedging Activ_2

Derivatives and Hedging Activities (Tables)	3 Months Ended
	Mar. 31, 2023
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 March 31, 2023 and December 31, 2022: Other Assets Fair Value Other Liabilities Fair Value (Millions) 2023 2022 2023 2022 Derivatives designated as hedging instruments: Fair value hedges - Interest rate contracts (a) $ — $ — $ 163 $ 211 Net investment hedges - Foreign exchange contracts 145 350 218 251 Total derivatives designated as hedging instruments 145 350 381 462 Derivatives not designated as hedging instruments: Foreign exchange contracts and other 162 171 179 339 Total derivatives, gross 307 521 560 801 Derivative asset and derivative liability netting (b) (179) (257) (179) (257) Cash collateral netting (c) — (11) (170) (212) Total derivatives, net $ 128 $ 253 $ 211 $ 332 (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 months ended March 31: Gains (losses) Three Months Ended (Millions) 2023 2022 Fixed-rate long-term debt $ (53) $ 258 Derivatives designated as hedging instruments 53 (261) Total $ — $ (3)

Fair Values (Tables)

Fair Values (Tables)	3 Months Ended
	Mar. 31, 2023
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 March 31, 2023 and December 31, 2022: 2023 2022 (Millions) Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Assets: Investment securities: (a) Equity securities $ 42 $ 41 $ 1 $ — $ 41 $ 40 $ 1 $ — Debt securities 3,922 — 3,870 52 4,537 — 4,490 47 Derivatives, gross (a)(b) 307 — 284 23 521 — 494 27 Total Assets 4,271 41 4,155 75 5,099 40 4,985 74 Liabilities: Derivatives, gross (a) 560 — 560 — 801 — 801 — Total Liabilities $ 560 $ — $ 560 $ — $ 801 $ — $ 801 $ — (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 March 31, 2023 and December 31, 2022. The fair values of these financial instruments are estimates based upon the market conditions and perceived risks as of March 31, 2023 and December 31, 2022, 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 2023 (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) $ 41 $ 41 $ 39 $ 2 $ — Other financial assets (b) 60 60 — 60 — Financial assets carried at other than fair value Card Member and Other loans, less reserves (c) 111 115 — — 115 Financial Liabilities: Financial liabilities for which carrying values equal or approximate fair value 127 127 — 127 — Financial liabilities carried at other than fair value Certificates of deposit (d) 20 20 — 20 — Long-term debt (c) $ 41 $ 41 $ — $ 41 $ — 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) $ 34 $ 34 $ 32 $ 2 $ — Other financial assets (b) 60 60 — 60 — Financial assets carried at other than fair value Card Member and Other loans, less reserves (c) 110 113 — — 113 Financial Liabilities: Financial liabilities for which carrying values equal or approximate fair value 123 123 — 123 — Financial liabilities carried at other than fair value Certificates of deposit (d) 16 16 — 16 — Long-term debt (c) $ 43 $ 42 $ — $ 42 $ — (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 $5.3 billion and $5.2 billion held by a consolidated VIE as of March 31, 2023 and December 31, 2022, 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 $27.1 billion and $28.4 billion as of March 31, 2023 and December 31, 2022, respectively, and the fair values of Long-term debt were $11.4 billion and $12.3 billion as of March 31, 2023 and December 31, 2022, 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)	3 Months Ended
	Mar. 31, 2023
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 months ended March 31, 2023 and 2022 were as follows: Three Months Ended March 31, 2023 (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, 2022 $ (64) $ (2,622) $ (524) $ (3,210) Net change 19 28 57 104 Balances as of March 31, 2023 $ (45) $ (2,594) $ (467) $ (3,106) Three Months Ended March 31, 2022 (Millions), net of tax Net Unrealized Foreign Currency Translation Adjustment Gains (Losses), net of hedges (a) Net Unrealized Accumulated Balances as of December 31, 2021 $ 23 $ (2,392) $ (576) $ (2,945) Net change (28) (20) 20 (28) Balances as of March 31, 2022 $ (5) $ (2,412) $ (556) $ (2,973) (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 months ended March 31 for the changes in each component of AOCI presented above: Tax expense (benefit) Three Months Ended (Millions) 2023 2022 Net unrealized gains (losses) on debt securities $ 6 $ (9) Foreign currency translation adjustment, net of hedges (45) (30) Pension and other postretirement benefits 5 7 Total tax impact $ (34) $ (32)

Service Fees and Other Revenu_2

Service Fees and Other Revenue and Other Expenses (Tables)	3 Months Ended
	Mar. 31, 2023
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 months ended March 31: Three Months Ended (Millions) 2023 2022 Service fees $ 366 $ 349 Foreign currency-related revenue 338 225 Delinquency fees 233 179 Travel commissions and fees 135 88 Other fees and revenues 146 65 Total Service fees and other revenue $ 1,218 $ 906
Other net expense	The following is a detail of Other expenses for the three months ended March 31: Three Months Ended (Millions) 2023 2022 Data processing and equipment $ 660 $ 600 Professional services 440 472 Net unrealized and realized losses on Amex Ventures investments (a) 95 11 Other 367 315 Total Other expenses $ 1,562 $ 1,398 (a) Refer to Note 9 for further information regarding Amex Ventures investments accounted for as equity investments without readily determinable fair values.

Earnings Per Common Share (EP_2

Earnings Per Common Share (EPS) (Tables)	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Computation of basic and diluted EPS	The computations of basic and diluted EPS for the three months ended March 31 were as follows: Three Months Ended (Millions, except per share amounts) 2023 2022 Numerator: Basic and diluted: Net income $ 1,816 $ 2,099 Preferred dividends (14) (14) Net income available to common shareholders $ 1,802 $ 2,085 Earnings allocated to participating share awards (a) (14) (16) Net income attributable to common shareholders $ 1,788 $ 2,069 Denominator: (a) Basic: Weighted-average common stock 743 757 Add: Weighted-average stock options (b) 1 1 Diluted 744 758 Basic EPS $ 2.41 $ 2.73 Diluted EPS $ 2.40 $ 2.73 (a) 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. (b) The dilutive effect of unexercised stock options excludes from the computation of EPS 1.3 million and 0.1 million of options for the three months ended March 31, 2023 and 2022, respectively, because inclusion of the options would have been anti-dilutive.

Reportable Operating Segments (

Reportable Operating Segments (Tables)	3 Months Ended
	Mar. 31, 2023
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 months ended March 31: Three Months Ended March 31, 2023 (Millions, except where indicated) USCS CS ICS GMNS Corporate & Other (a) Consolidated Total non-interest revenues $ 4,359 $ 3,107 $ 2,267 $ 1,596 $ (31) $ 11,298 Revenue from contracts with customers (b) 3,239 2,731 1,441 1,448 (13) 8,846 Interest income 2,775 706 467 14 454 4,416 Interest expense 551 321 224 (131) 468 1,433 Total revenues net of interest expense 6,583 3,492 2,510 1,741 (45) 14,281 Pretax income (loss) $ 1,130 $ 630 $ 189 $ 885 $ (667) $ 2,167 Total assets (billions) $ 91 $ 54 $ 36 $ 17 $ 38 $ 236 Three Months Ended March 31, 2022 (Millions, except where indicated) USCS CS ICS GMNS Corporate & Other (a) Consolidated Total non-interest revenues $ 3,637 $ 2,719 $ 1,859 $ 1,372 $ (51) $ 9,536 Revenue from contracts with customers (b) 2,742 2,421 1,199 1,274 4 7,640 Interest income 1,736 415 324 2 43 2,520 Interest expense 103 87 123 (44) 52 321 Total revenues net of interest expense 5,270 3,047 2,060 1,418 (60) 11,735 Pretax income (loss) $ 1,532 $ 781 $ 244 $ 669 $ (514) $ 2,712 Total assets (billions) $ 77 $ 47 $ 32 $ 16 $ 24 $ 196 (a) Corporate & Other includes adjustments and eliminations for intersegment activity. (b) Includes discount revenue, certain service fees and other revenue and processed revenue from customers.

Loans and Card Member Receiva_3

Loans and Card Member Receivables (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Card Member Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	$ 109,050	$ 107,964
Less: Reserves for credit losses	4,053	3,747	$ 2,981	$ 3,305
Financing receivables, net	104,997	104,217
Card Member Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	84,248	84,964
Card Member Loans | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	24,717	22,947
Card Member Loans | Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	85	53
Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Less: Reserves for credit losses	83	59
Financing receivables, net	5,818	5,357
Card Member Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	57,494	57,613
Less: Reserves for credit losses	223	229	$ 76	$ 64
Financing receivables, net	57,271	57,384
Card Member Receivables | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	21,725	22,885
Card Member Receivables | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	19,546	19,629
Card Member Receivables | Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	16,223	15,099
Variable Interest Entity, Primary Beneficiary | Card Member Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	27,098	28,461
Variable Interest Entity, Primary Beneficiary | Card Member Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	27,100	28,500
Variable Interest Entity, Primary Beneficiary | Card Member Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	5,336	5,193
Variable Interest Entity, Primary Beneficiary | Card Member Receivables | Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	$ 5,300	$ 5,200

Loans and Card Member Receiva_4

Loans and Card Member Receivables - Aging (Details 1) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
90+ days past due and still accruing interest		$ 309
Non-accruals		191
Card Member Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	$ 109,050	107,964
Card Member Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	84,248	84,964
90+ days past due and still accruing interest	354	252
Non-accruals	187	155
Card Member Loans | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	24,717	22,947
90+ days past due and still accruing interest	86	54
Non-accruals	52	34
Card Member Loans | Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	85	53
90+ days past due and still accruing interest	0	0
Non-accruals	0	0
Card Member Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	57,494	57,613
Card Member Receivables | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	21,725	22,885
90+ days past due and still accruing interest	0	0
Non-accruals	0	0
Card Member Receivables | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	19,546	19,629
90+ days past due and still accruing interest	0	0
Non-accruals	0	0
Card Member Receivables | Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	16,223	15,099
90+ days past due and still accruing interest	0	0
Non-accruals	0	0
Current | Card Member Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	83,292	84,102
Current | Card Member Loans | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	24,445	22,731
Current | Card Member Receivables | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	21,482	22,634
Current | Card Member Receivables | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	19,222	19,330
30 to 59 Days Past Due | Card Member Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	287	281
30 to 59 Days Past Due | Card Member Loans | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	93	81
30 to 59 Days Past Due | Card Member Receivables | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	76	83
30 to 59 Days Past Due | Card Member Receivables | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	121	120
60 to 89 Days Past Due | Card Member Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	206	198
60 to 89 Days Past Due | Card Member Loans | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	63	49
60 to 89 Days Past Due | Card Member Receivables | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	51	56
60 to 89 Days Past Due | Card Member Receivables | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	75	69
90+ Days Past Due | Card Member Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	463	383
90+ Days Past Due | Card Member Loans | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	116	86
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	116	112
90+ Days Past Due | Card Member Receivables | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	128	110
90+ Days Past Due | Card Member Receivables | Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	$ 73	$ 85

Loans and Card Member Receiva_5

Loans and Card Member Receivables - Credit Quality (Details 2)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Credit Quality Indicator for Loans and Receivables
90+ Days Past Billing as a % of total	0.50%	0.30%
Card Member Loans | Consumer
Credit Quality Indicator for Loans and Receivables
30+ Days Past Due as a % of Total	1.10%	0.80%
Card Member Loans | Small Business
Credit Quality Indicator for Loans and Receivables
30+ Days Past Due as a % of Total	1.10%	0.60%
Card Member Loans | Net Write-Off Rate - Principal Only | Consumer
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate	1.50%	0.80%
Card Member Loans | Net Write-Off Rate - Principal Only | Small Business
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate	1.20%	0.60%
Card Member Loans | Net Write-Off Rate Principal Interest, and Fees | Consumer
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate	1.90%	1.10%
Card Member Loans | Net Write-Off Rate Principal Interest, and Fees | Small Business
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate	1.40%	0.70%
Card Member Receivables | Consumer
Credit Quality Indicator for Loans and Receivables
30+ Days Past Due as a % of Total	1.10%	0.70%
Card Member Receivables | Small Business
Credit Quality Indicator for Loans and Receivables
30+ Days Past Due as a % of Total	1.70%	0.90%
Card Member Receivables | Net Write-Off Rate - Principal Only | Consumer
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate	1.70%	0.50%
Card Member Receivables | Net Write-Off Rate - Principal Only | Small Business
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate	2.10%	0.70%
Card Member Receivables | Net Write-Off Rate Principal Interest, and Fees | Consumer
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate	1.80%	0.50%
Card Member Receivables | Net Write-Off Rate Principal Interest, and Fees | Small Business
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate	2.30%	0.80%
Card Member Receivables | Net Write-Off Rate Principal Interest, and Fees | Corporate
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate	0.60%	0.20%

Loans and Card Member Receiva_6

Loans and Card Member Receivables - Modifications (Details 3) $ in Millions	3 Months Ended
	Mar. 31, 2023 USD ($)
Financing Receivable, Troubled Debt Restructuring [Line Items]
Maximum payment term extension	60 months
Unused credit available	$ 14
Account Balances	807
Card Member Loans | Interest Rate Reduction | Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	$ 329
% of Total Class of Financing Receivables	0.40%
Weighted Average Interest Rate Reduction (% points)	15.30%
Card Member Loans | Interest Rate Reduction | Small Business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	$ 144
% of Total Class of Financing Receivables	0.60%
Weighted Average Interest Rate Reduction (% points)	15.10%
Card Member Loans | Interest Rate Reduction | Corporate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	$ 0
% of Total Class of Financing Receivables	0%
Weighted Average Interest Rate Reduction (% points)	0%
Card Member Receivables | Term Extension | Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	$ 117
% of Total Class of Financing Receivables	0.50%
Average Payment Term Extensions (# of months)	23 months
Card Member Receivables | Term Extension | Small Business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	$ 199
% of Total Class of Financing Receivables	1%
Average Payment Term Extensions (# of months)	24 months
Card Member Receivables | Term Extension | Corporate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	$ 7
% of Total Class of Financing Receivables	0.04%
Average Payment Term Extensions (# of months)	10 months
Other Loans | Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	$ 6
% of Total Class of Financing Receivables	0.10%
Weighted Average Interest Rate Reduction (% points)	0%
Average Payment Term Extensions (# of months)	18 months
Other Loans | Interest Rate Reduction and Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	$ 5
% of Total Class of Financing Receivables	0.10%
Weighted Average Interest Rate Reduction (% points)	1.90%
Average Payment Term Extensions (# of months)	18 months

Loans and Card Member Receiva_7

Loans and Card Member Receivables - Performance (Details 5) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances		$ 1,733
Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	$ 667
30-89 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	113
90+ Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	27
Card Member Loans | Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances		781
Card Member Loans | Small Business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances		267
Card Member Loans | Corporate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances		0
Card Member Loans | Current | Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	273
Card Member Loans | Current | Small Business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	119
Card Member Loans | Current | Corporate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	0
Card Member Loans | 30-89 Days Past Due | Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	43
Card Member Loans | 30-89 Days Past Due | Small Business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	20
Card Member Loans | 30-89 Days Past Due | Corporate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	0
Card Member Loans | 90+ Days Past Due | Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	13
Card Member Loans | 90+ Days Past Due | Small Business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	5
Card Member Loans | 90+ Days Past Due | Corporate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	0
Card Member Receivables | Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances		257
Card Member Receivables | Small Business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances		403
Card Member Receivables | Corporate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances		6
Card Member Receivables | Current | Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	100
Card Member Receivables | Current | Small Business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	157
Card Member Receivables | Current | Corporate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	7
Card Member Receivables | 30-89 Days Past Due | Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	14
Card Member Receivables | 30-89 Days Past Due | Small Business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	36
Card Member Receivables | 30-89 Days Past Due | Corporate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	0
Card Member Receivables | 90+ Days Past Due | Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	3
Card Member Receivables | 90+ Days Past Due | Small Business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	6
Card Member Receivables | 90+ Days Past Due | Corporate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	0
Other Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances		$ 19
Other Loans | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	11
Other Loans | 30-89 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	0
Other Loans | 90+ Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	$ 0

Loans and Card Member Receiva_8

Loans and Card Member Receivables - TDR (Details 6) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Impaired loans and receivables
Loans over 90 days past due and accruing interest		$ 309
Non-accrual loans		191
Account classified as a TDR in program		1,733
Account classified as a TDR out of program		2,068
Total impaired loans and receivables		4,301
Reserve for Credit Losses - TDRs		504
Accounts Receivable and Loans Textuals
Account classified as TDR, past due 90 days and still accruing		48
Accounts classified as TDR, non-accrual		17
Out of Program TDR accounts that completed modification programs		1,922
Out of Program TDR accounts not in compliance with modification programs		146
Card Member Loans | Consumer
Impaired loans and receivables
Loans over 90 days past due and accruing interest	$ 354	252
Non-accrual loans	187	155
Account classified as a TDR in program		781
Account classified as a TDR out of program		1,098
Total impaired loans and receivables		2,286
Reserve for Credit Losses - TDRs		335
Card Member Loans | Small Business
Impaired loans and receivables
Loans over 90 days past due and accruing interest	86	54
Non-accrual loans	52	34
Account classified as a TDR in program		267
Account classified as a TDR out of program		380
Total impaired loans and receivables		735
Reserve for Credit Losses - TDRs		108
Card Member Loans | Corporate
Impaired loans and receivables
Loans over 90 days past due and accruing interest	0	0
Non-accrual loans	0	0
Account classified as a TDR in program		0
Account classified as a TDR out of program		0
Total impaired loans and receivables		0
Reserve for Credit Losses - TDRs		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
Account classified as a TDR in program		257
Account classified as a TDR out of program		179
Total impaired loans and receivables		436
Reserve for Credit Losses - TDRs		20
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
Account classified as a TDR in program		403
Account classified as a TDR out of program		402
Total impaired loans and receivables		805
Reserve for Credit Losses - TDRs		40
Card Member Receivables | Corporate
Impaired loans and receivables
Loans over 90 days past due and accruing interest	0	0
Non-accrual loans	$ 0	0
Account classified as a TDR in program		6
Account classified as a TDR out of program		7
Total impaired loans and receivables		13
Reserve for Credit Losses - TDRs		1
Other Loans
Impaired loans and receivables
Loans over 90 days past due and accruing interest		3
Non-accrual loans		2
Account classified as a TDR in program		19
Account classified as a TDR out of program		2
Total impaired loans and receivables		26
Reserve for Credit Losses - TDRs		$ 0

Loans and Card Member Receiva_9

Loans and Card Member Receivables - Modified as TDR (Details 7) account in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2022 USD ($) account
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	34
Account Balances | $	$ 349
Card Member Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	27
Account Balances | $	$ 177
Average Interest Rate Reduction (as a percent)	14%
Card Member Receivables
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	6
Account Balances | $	$ 171
Average Payment Term Extension (in months)	17 months
Other Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	1
Account Balances | $	$ 1
Average Interest Rate Reduction (as a percent)	2%
Average Payment Term Extension (in months)	15 months

Loans and Card Member Receiv_10

Loans and Card Member Receivables - TDR Subsequently Defaulted (Details 8) account in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2022 USD ($) account
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	5
Aggregated Outstanding Balances Upon Default | $	$ 39
Card Member Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	4
Aggregated Outstanding Balances Upon Default | $	$ 29
Card Member Receivables
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	1
Aggregated Outstanding Balances Upon Default | $	$ 10
Other Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	0
Aggregated Outstanding Balances Upon Default | $	$ 0

Reserves for Credit Losses (Det

Reserves for Credit Losses (Details)	Mar. 31, 2023	Dec. 31, 2022
U.S. Unemployment Rate | First quarter of 2023
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input	0.03
U.S. Unemployment Rate | Minimum | First quarter of 2023
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input		0.03
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	0.03	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	0.03	0.03
U.S. Unemployment Rate | Minimum | Fourth quarter of 2025
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input	0.03	0.03
U.S. Unemployment Rate | Maximum | First quarter of 2023
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input		0.06
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	0.07	0.08
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	0.07	0.07
U.S. Unemployment Rate | Maximum | Fourth quarter of 2025
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) | First quarter of 2023
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input	(0.004)
U.S. GDP Growth (Contraction) | Fourth quarter of 2025
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input	0.03
U.S. GDP Growth (Contraction) | Minimum | First quarter of 2023
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input		0.05
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	0.04	0.06
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	0.03	0.03
U.S. GDP Growth (Contraction) | Minimum | Fourth quarter of 2025
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input		0.04
U.S. GDP Growth (Contraction) | Maximum | First quarter of 2023
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, reserves for credit losses, measurement input		(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	(0.03)	0.002
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	0.02	0.02
U.S. GDP Growth (Contraction) | Maximum | Fourth quarter of 2025
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
	Mar. 31, 2023	Mar. 31, 2022
Reserve for Losses [Roll Forward]
Provisions for credit losses	$ 1,055	$ (33)
Card Member Loans
Reserve for Losses [Roll Forward]
Beginning Balance	3,747	3,305
Provisions for credit losses	786	(111)
Other	6	2
Ending Balance	4,053	2,981
Foreign currency translation adjustments	6	2
Card Member Loans | Principal
Reserve for Losses [Roll Forward]
Net write-offs	(397)	(165)
Recoveries	128	144
Card Member Loans | Interest and fees
Reserve for Losses [Roll Forward]
Net write-offs	$ (89)	$ (50)

Reserves for Credit Losses (D_3

Reserves for Credit Losses (Details 2) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Reserve for Losses [Roll Forward]
Provisions for credit losses	$ 1,055,000,000	$ (33,000,000)
Card Member Receivables
Reserve for Losses [Roll Forward]
Beginning Balance	229,000,000	64,000,000
Provisions for credit losses	222,000,000	80,000,000
Net write-offs	(230,000,000)	(67,000,000)
Other	2,000,000	(1,000,000)
Ending Balance	223,000,000	76,000,000
Recoveries	69,000,000	67,000,000
Foreign currency translation adjustments	$ 2,000,000	$ 0

Investment Securities (Details)

Investment Securities (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Accrued interest available-for-sale debt securities	$ 12	$ 12
Available-for-sale debt securities:
Cost	3,981
Estimated Fair Value	3,922
Equity securities
Cost	50	50
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(8)	(9)
Estimated Fair Value	42	41
Total Cost	4,031	4,671
Total Gross Unrealized Gains	0	0
Total Gross Unrealized Losses	(67)	(93)
Total Estimated Fair Value	3,964	4,578
State and municipal obligations
Available-for-sale debt securities:
Cost	63	64
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(8)	(10)
Estimated Fair Value	55	54
U.S. Government agency obligations
Available-for-sale debt securities:
Cost	4	5
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Estimated Fair Value	4	5
U.S. Government treasury obligations
Available-for-sale debt securities:
Cost	3,180	3,859
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(50)	(73)
Estimated Fair Value	3,130	3,786
Mortgage-backed securities
Available-for-sale debt securities:
Cost	13	13
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Estimated Fair Value	13	13
Foreign government bonds and obligations
Available-for-sale debt securities:
Cost	669	633
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(1)	(1)
Estimated Fair Value	668	632
Other
Available-for-sale debt securities:
Cost	52	47
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Estimated Fair Value	$ 52	$ 47

Investment Securities (Details

Investment Securities (Details 1) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Estimated fair value, less than 12 months	$ 1,503	$ 4,311
Gross unrealized losses, less than 12 months	(14)	(83)
Estimated fair value, 12 months or more	2,153	52
Gross unrealized losses, more than 12 months	(45)	(1)
State and municipal obligations
Debt Securities, Available-for-sale [Line Items]
Estimated fair value, less than 12 months	0	52
Gross unrealized losses, less than 12 months	0	(10)
Estimated fair value, 12 months or more	31	0
Gross unrealized losses, more than 12 months	(8)	0
U.S. Government treasury obligations
Debt Securities, Available-for-sale [Line Items]
Estimated fair value, less than 12 months	982	3,710
Gross unrealized losses, less than 12 months	(13)	(72)
Estimated fair value, 12 months or more	2,122	52
Gross unrealized losses, more than 12 months	(37)	(1)
Foreign government bonds and obligations
Debt Securities, Available-for-sale [Line Items]
Estimated fair value, less than 12 months	521	549
Gross unrealized losses, less than 12 months	(1)	(1)
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	Mar. 31, 2023 USD ($) security	Dec. 31, 2022 USD ($) security
Debt Securities, Available-for-sale [Line Items]
Number of securities, less than 12 months | security	61	88
Estimated fair value, less than 12 months	$ 1,503	$ 4,311
Gross unrealized losses, less than 12 months	$ (14)	$ (83)
Number of securities, 12 months or more | security	22	3
Estimated fair value, 12 months or more	$ 2,153	$ 52
Gross unrealized losses, more than 12 months	$ (45)	$ (1)
Number of securities, total | security	83	91
Estimated fair value, total	$ 3,656	$ 4,363
Gross unrealized losses, total	$ (59)	$ (84)
90–100%
Debt Securities, Available-for-sale [Line Items]
Number of securities, less than 12 months | security	61	74
Estimated fair value, less than 12 months	$ 1,503	$ 4,287
Gross unrealized losses, less than 12 months	$ (14)	$ (74)
Number of securities, 12 months or more | security	19	3
Estimated fair value, 12 months or more	$ 2,137	$ 52
Gross unrealized losses, more than 12 months	$ (39)	$ (1)
Number of securities, total | security	80	77
Estimated fair value, total	$ 3,640	$ 4,339
Gross unrealized losses, total	$ (53)	$ (75)
Less than 90%
Debt Securities, Available-for-sale [Line Items]
Number of securities, less than 12 months | security	0	14
Estimated fair value, less than 12 months	$ 0	$ 24
Gross unrealized losses, less than 12 months	$ 0	$ (9)
Number of securities, 12 months or more | security	3	0
Estimated fair value, 12 months or more	$ 16	$ 0
Gross unrealized losses, more than 12 months	$ (6)	$ 0
Number of securities, total | security	3	14
Estimated fair value, total	$ 16	$ 24
Gross unrealized losses, total	$ (6)	$ (9)

Investment Securities (Detail_3

Investment Securities (Details 3) $ in Millions	Mar. 31, 2023 USD ($)
Cost
Due within 1 year	$ 2,727
Due after 1 year but within 5 years	1,155
Due after 5 years but within 10 years	41
Due after 10 years	58
Total	3,981
Estimated Fair Value
Due within 1 year	2,694
Due after 1 year but within 5 years	1,137
Due after 5 years but within 10 years	41
Due after 10 years	50
Total	$ 3,922

Asset Securitizations (Details)

Asset Securitizations (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Assets from Trusts [Line Items]
Restricted balances included in Cash and cash equivalents	$ 549,000,000	$ 544,000,000	$ 2,207,000,000	$ 525,000,000
American Express Lending Trust
Assets from Trusts [Line Items]
Direct and Indirect ownership of variable interests	15,600,000,000	16,000,000,000
Restricted balances included in Cash and cash equivalents	57,000,000	59,000,000
American Express Charge Trust
Assets from Trusts [Line Items]
Direct and Indirect ownership of variable interests	5,300,000,000	5,200,000,000
Restricted balances included in Cash and cash equivalents	$ 0	$ 0

Customer Deposits (Details)

Customer Deposits (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
U.S.:
Interest-bearing	$ 119,832	$ 109,119
Non-interest-bearing (includes Card Member credit balances of: 2023, $472; 2022, $605)	522	663
Non-U.S.:
Interest-bearing	15	15
Non-interest-bearing (includes Card Member credit balances of: 2023, $434; 2022, $439)	437	442
Total customer deposits	120,806	110,239
Card Member Credit Balances
U.S.:
Non-interest-bearing (includes Card Member credit balances of: 2023, $472; 2022, $605)	472	605
Non-U.S.:
Non-interest-bearing (includes Card Member credit balances of: 2023, $434; 2022, $439)	$ 434	$ 439

Customer Deposits (Details 1)

Customer Deposits (Details 1) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Deposits, by Type
Savings and transaction accounts	$ 84,200	$ 76,731
Certificates of deposit:
Direct	4,102	2,765
Third-party (brokered)	15,736	13,331
Sweep accounts – Third-party (brokered)	15,799	16,297
Other deposits	63	71
Card Member credit balances	906	1,044
Total customer deposits	$ 120,806	$ 110,239

Customer Deposits (Details 2)

Customer Deposits (Details 2) $ in Millions	Mar. 31, 2023 USD ($)
Time Deposits By Maturity
2023	$ 5,550
2024	8,934
2025	3,610
2026	554
2027	782
After 5 Years	408
Certificates of deposit	$ 19,838

Customer Deposits (Details 3)

Customer Deposits (Details 3) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Time Deposits at or above FDIC Insurance Limit [Line Items]
Time Deposits at or above FDIC insurance limit	$ 1,432	$ 999
U.S.
Time Deposits at or above FDIC Insurance Limit [Line Items]
Time Deposits at or above FDIC insurance limit	1,432	998
Non-US
Time Deposits at or above FDIC Insurance Limit [Line Items]
Time Deposits at or above FDIC insurance limit	$ 0	$ 1

Contingencies (Details Textual)

Contingencies (Details Textual)	Mar. 31, 2023 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 | $	$ 320,000,000
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	Mar. 31, 2023	Dec. 31, 2022
Derivatives, Fair Value [Line Items]
Derivatives, gross	$ 307	$ 521
Derivatives, gross	560	801
Derivative asset and derivative liability netting, assets	(179)	(257)
Derivative asset and derivative liability netting, liabilities	(179)	(257)
Cash collateral netting, assets	0	(11)
Cash collateral netting, liabilities	(170)	(212)
Total derivatives assets, net	128	253
Total derivatives liabilities, net	211	332
Other Assets | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	145	350
Other Assets | Interest Rate Contract | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	0	0
Other Assets | Foreign Exchange Contract | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	145	350
Other Assets | Foreign Exchange Contract | Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	162	171
Other Liabilities | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	381	462
Other Liabilities | Interest Rate Contract | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	163	211
Other Liabilities | Foreign Exchange Contract | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	218	251
Other Liabilities | Foreign Exchange Contract | Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	$ 179	$ 339

Derivatives and Hedging Activ_4

Derivatives and Hedging Activities (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Derivative [Line Items]
Margin on interest rate swaps	$ 8		$ 8
Carrying values of hedged liabilities	6,300		7,800
Cumulative amount of fair value hedging adjustment	(183)		(236)
Net increase (decrease) in interest expense on long term debt and other	39	$ (57)
Fair Value Hedging | Fixed-Rate Debt Obligations
Derivative [Line Items]
Fixed-rate debt obligations designated in fair value hedging relationships	6,500		8,100
Net Investment Hedges
Derivative [Line Items]
Notional amount of derivatives	12,600		12,500
Gain (loss) on net investment hedges, net of taxes	(198)	(85)
Reclassifications out of AOCI	0	0
Foreign Exchange Contract | Not Designated as Hedging Instrument
Derivative [Line Items]
Notional amount of derivatives	21,900		21,700
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	5	$ (12)
Equity Linked Embedded Derivative | Not Designated as Hedging Instrument
Derivative [Line Items]
Notional amount of derivatives	78		$ 78
Equity Linked Embedded Derivative | Noninterest Income | Not Designated as Hedging Instrument
Derivative [Line Items]
Loss on embedded derivative	$ 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
	Mar. 31, 2023	Mar. 31, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Fixed-rate long-term debt	$ (53)	$ 258
Derivatives designated as hedging instruments	53	(261)
Total	$ 0	$ (3)

Fair Values (Details)

Fair Values (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Investment securities:
Equity securities	$ 42	$ 41
Debt securities	3,922
Derivatives, gross	307	521
Liabilities
Derivatives, gross	560	801
Fair Value, Recurring
Investment securities:
Equity securities	42	41
Debt securities	3,922	4,537
Derivatives, gross	307	521
Total Assets	4,271	5,099
Liabilities
Derivatives, gross	560	801
Total Liabilities	560	801
Level 1 | Fair Value, Recurring
Investment securities:
Equity securities	41	40
Debt securities	0	0
Derivatives, gross	0	0
Total Assets	41	40
Liabilities
Derivatives, gross	0	0
Total Liabilities	0	0
Level 2 | Fair Value, Recurring
Investment securities:
Equity securities	1	1
Debt securities	3,870	4,490
Derivatives, gross	284	494
Total Assets	4,155	4,985
Liabilities
Derivatives, gross	560	801
Total Liabilities	560	801
Level 3 | Fair Value, Recurring
Investment securities:
Equity securities	0	0
Debt securities	52	47
Derivatives, gross	23	27
Total Assets	75	74
Liabilities
Derivatives, gross	0	0
Total Liabilities	$ 0	$ 0

Fair Values (Details 2)

Fair Values (Details 2) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Card Member Receivables
Fair Values (Textuals)
Financing receivables, gross	$ 57,494	$ 57,613
Card Member Loans
Fair Values (Textuals)
Financing receivables, gross	109,050	107,964
Variable Interest Entity, Primary Beneficiary | Card Member Receivables
Fair Values (Textuals)
Financing receivables, gross	5,336	5,193
Variable Interest Entity, Primary Beneficiary | Card Member Loans
Fair Values (Textuals)
Financing receivables, gross	27,098	28,461
Carrying Value
Financial assets for which carrying values equal or approximate fair value
Cash and cash equivalents	41,000	34,000
Other financial assets	60,000	60,000
Financial assets carried at other than fair value
Card Member and Other loans, less reserves	111,000	110,000
Financial Liabilities:
Financial liabilities for which carrying values equal or approximate fair value	127,000	123,000
Financial liabilities carried at other than fair value
Certificates of deposit	20,000	16,000
Long-term debt	41,000	43,000
Fair Values (Textuals)
Long-term debt	41,000	43,000
Corresponding Fair Value Amount
Financial assets for which carrying values equal or approximate fair value
Cash and cash equivalents	41,000	34,000
Other financial assets	60,000	60,000
Financial Liabilities:
Financial liabilities for which carrying values equal or approximate fair value	127,000	123,000
Corresponding Fair Value Amount | Variable Interest Entity, Primary Beneficiary | Card Member Receivables
Fair Values (Textuals)
Financing receivables, gross	5,300	5,200
Corresponding Fair Value Amount | Level 1
Financial assets for which carrying values equal or approximate fair value
Cash and cash equivalents	39,000	32,000
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	60,000	60,000
Financial Liabilities:
Financial liabilities for which carrying values equal or approximate fair value	127,000	123,000
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	115,000	113,000
Financial liabilities carried at other than fair value
Certificates of deposit	20,000	16,000
Long-term debt	41,000	42,000
Fair Values (Textuals)
Long-term debt	41,000	42,000
Portion at Other than Fair Value Measurement | Variable Interest Entity, Primary Beneficiary
Financial liabilities carried at other than fair value
Long-term debt	11,400	12,300
Fair Values (Textuals)
Long-term debt	11,400	12,300
Portion at Other than Fair Value Measurement | Variable Interest Entity, Primary Beneficiary | Card Member Loans
Fair Values (Textuals)
Financing receivables, gross	27,100	28,400
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	20,000	16,000
Long-term debt	41,000	42,000
Fair Values (Textuals)
Long-term debt	41,000	42,000
Portion at Other than Fair Value Measurement | Level 3
Financial assets carried at other than fair value
Card Member and Other loans, less reserves	115,000	113,000
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 ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying value of equity securities without readily determinable fair values	$ 900,000,000		$ 1,000,000,000
Net upward adjustments of equity securities without readily determinable fair values	0	$ 12,000,000
Net downward adjustments of equity securities without readily determinable fair values	95,000,000	$ 18,000,000
Cumulative net unrealized gains for equity investments without readily determinable fair values	1,200,000,000		1,200,000,000
Cumulative net unrealized losses for equity investments without readily determinable fair values	489,000,000		394,000,000
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying value of equity securities without readily determinable fair values	$ 200,000,000		$ 600,000,000

Guarantees (Details)

Guarantees (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Guarantees [Abstract]
Maximum potential amount of undiscounted future payments	$ 1,000	$ 1,000
Amount of related liability	$ 21	$ 21

Changes in Accumulated Other _3

Changes in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	$ 24,711	$ 22,177
Net change	104	(28)
Ending Balance	25,992	22,383
Tax impact for the changes in each component of accumulated other comprehensive (loss) income
Total tax impact	(34)	(32)
Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(3,210)	(2,945)
Net change	104	(28)
Ending Balance	(3,106)	(2,973)
Net Unrealized Gains (Losses) on Debt Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(64)	23
Net change	19	(28)
Ending Balance	(45)	(5)
Tax impact for the changes in each component of accumulated other comprehensive (loss) income
Total tax impact	6	(9)
Foreign Currency Translation Adjustment Gains (Losses), net of hedges
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(2,622)	(2,392)
Net change	28	(20)
Ending Balance	(2,594)	(2,412)
Tax impact for the changes in each component of accumulated other comprehensive (loss) income
Total tax impact	(45)	(30)
Net Unrealized Pension and Other Postretirement Benefit Gains (Losses)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(524)	(576)
Net change	57	20
Ending Balance	(467)	(556)
Tax impact for the changes in each component of accumulated other comprehensive (loss) income
Total tax impact	$ 5	$ 7

Changes in Accumulated Other _4

Changes in Accumulated Other Comprehensive Income (Loss) (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss)	$ 104	$ (28)
Decrease due to amounts reclassified into earnings
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss)	$ 0	$ 0

Service Fees and Other Revenu_3

Service Fees and Other Revenue and Other Expenses (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Non Interest Income [Line Items]
Total Service fees and other revenue	$ 11,298	$ 9,536
Service fees and other revenue
Non Interest Income [Line Items]
Service fees	366	349
Foreign currency-related revenue	338	225
Delinquency fees	233	179
Travel commissions and fees	135	88
Other fees and revenues	146	65
Total Service fees and other revenue	$ 1,218	$ 906

Service Fees and Other Revenu_4

Service Fees and Other Revenue and Other Expenses (Details 1) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Service Fees and Other Revenue and Other Expenses [Abstract]
Data processing and equipment	$ 660	$ 600
Professional services	440	472
Net unrealized and realized losses on Amex Ventures investments	95	11
Other	367	315
Total Other expenses	$ 1,562	$ 1,398

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Actual tax rates	16.20%	22.60%
Unrecognized tax benefits change as a result of potential resolutions of prior years' tax	$ 112
Unrecognized tax benefits that, if recognized, could impact effective tax rate	$ 88

Earnings Per Common Share (EP_3

Earnings Per Common Share (EPS) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022
Basic and diluted:
Net income		$ 1,816	$ 2,099
Preferred dividends		(14)	(14)
Net income available to common shareholders		1,802	2,085
Earnings allocated to participating share awards		(14)	(16)
Net income attributable to common shareholders		$ 1,788	$ 2,069
Denominator:
Basic: Weighted-average common stock (in shares)		743	757
Add: Weighted-average stock options (in shares)		1	1
Diluted (in shares)		744	758
Basic EPS (in dollars per share)	[1]	$ 2.41	$ 2.73
Diluted EPS (in dollars per share)	[1]	$ 2.40	$ 2.73
Stock options
Denominator:
The dilutive effect of securities excluded from the calculation of earnings per share (in shares)		1.3	0.1
[1]Represents net income less (i) earnings allocated to participating share awards of $14 million and $16 million for the three months ended March 31, 2023 and 2022, respectively, and (ii) dividends on preferred shares of $14 million for both the three months ended March 31, 2023 and 2022.

Reportable Operating Segments_2

Reportable Operating Segments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Segment Reporting Information [Line Items]
Total non-interest revenues	$ 11,298	$ 9,536
Revenue from contracts with customers	8,846	7,640
Interest income	4,416	2,520
Interest expense	1,433	321
Total revenues net of interest expense	14,281	11,735
Pretax segment income (loss)	2,167	2,712
Total assets	235,842	196,000	$ 228,354
Corporate and Other
Segment Reporting Information [Line Items]
Total non-interest revenues	(31)	(51)
Revenue from contracts with customers	(13)	4
Interest income	454	43
Interest expense	468	52
Total revenues net of interest expense	(45)	(60)
Pretax segment income (loss)	(667)	(514)
Total assets	38,000	24,000
USCS | Operating Segments
Segment Reporting Information [Line Items]
Total non-interest revenues	4,359	3,637
Revenue from contracts with customers	3,239	2,742
Interest income	2,775	1,736
Interest expense	551	103
Total revenues net of interest expense	6,583	5,270
Pretax segment income (loss)	1,130	1,532
Total assets	91,000	77,000
CS | Operating Segments
Segment Reporting Information [Line Items]
Total non-interest revenues	3,107	2,719
Revenue from contracts with customers	2,731	2,421
Interest income	706	415
Interest expense	321	87
Total revenues net of interest expense	3,492	3,047
Pretax segment income (loss)	630	781
Total assets	54,000	47,000
ICS | Operating Segments
Segment Reporting Information [Line Items]
Total non-interest revenues	2,267	1,859
Revenue from contracts with customers	1,441	1,199
Interest income	467	324
Interest expense	224	123
Total revenues net of interest expense	2,510	2,060
Pretax segment income (loss)	189	244
Total assets	36,000	32,000
GMNS | Operating Segments
Segment Reporting Information [Line Items]
Total non-interest revenues	1,596	1,372
Revenue from contracts with customers	1,448	1,274
Interest income	14	2
Interest expense	(131)	(44)
Total revenues net of interest expense	1,741	1,418
Pretax segment income (loss)	885	669
Total assets	$ 17,000	$ 16,000