American Express (AXP) 10-Q 24 Jul 23 2023 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2023	Jul. 19, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 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		736,458,872
Entity Central Index Key	0000004962
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Amendment Flag	false

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2023		Jun. 30, 2022		Jun. 30, 2023		Jun. 30, 2022
Non-interest revenues
Non-interest revenues	$ 11,949		$ 11,035		$ 23,247		$ 20,571
Interest income
Interest on loans	4,213		2,707		8,152		5,180
Interest and dividends on investment securities	34		22		64		35
Deposits with banks and other	528		70		975		104
Total interest income	4,775		2,799		9,191		5,319
Interest expense
Deposits	1,196		187		2,190		309
Long-term debt and other	474		252		913		451
Total interest expense	1,670		439		3,103		760
Net interest income	3,105		2,360		6,088		4,559
Total revenues net of interest expense	15,054		13,395		29,335		25,130
Provisions for credit losses
Total provisions for credit losses	1,198		410		2,253		377
Total revenues net of interest expense after provisions for credit losses	13,856		12,985		27,082		24,753
Expenses
Card Member rewards	3,956		3,591		7,722		6,702
Business development	1,388		1,404		2,781		2,447
Card Member services	949		678		1,932		1,304
Marketing	1,408		1,502		2,749		2,726
Salaries and employee benefits	1,875		1,816		3,889		3,470
Other, net	1,546		1,451		3,108		2,849
Total expenses	11,122		10,442		22,181		19,498
Pretax income	2,734		2,543		4,901		5,255
Income tax provision	560		579		911		1,192
Net income	$ 2,174		$ 1,964		$ 3,990		$ 4,063
Earnings per Common Share
Basic (in dollars per share)	$ 2.89	[1]	$ 2.57	[1]	$ 5.30	[2]	$ 5.30	[2]
Diluted (in dollars per share)	$ 2.89	[1]	$ 2.57	[1]	$ 5.29	[2]	$ 5.30	[2]
Average common shares outstanding for earnings per common share:
Basic (in shares)	740		752		741		755
Diluted (in shares)	741		753		742		756
Card Member Receivables
Provisions for credit losses
Total provisions for credit losses	$ 230		$ 138		$ 452		$ 218
Card Member Loans
Provisions for credit losses
Total provisions for credit losses	923		272		1,709		161
Other
Provisions for credit losses
Total provisions for credit losses	45		0		92		(2)
Discount revenue
Non-interest revenues
Non-interest revenues	8,481		7,873		16,428		14,708
Net card fees
Non-interest revenues
Non-interest revenues	1,789		1,481		3,502		2,904
Service fees and other revenue
Non-interest revenues
Non-interest revenues	1,232		1,265		2,450		2,171
Processed revenue
Non-interest revenues
Non-interest revenues	$ 447		$ 416		$ 867		$ 788
[1]Represents net income less (i) earnings allocated to participating share awards of $17 million and $15 million for the three months ended June 30, 2023 and 2022, respectively, and (ii) dividends on preferred shares of $15 million for both the three months ended June 30, 2023 and 2022.[2]Represents net income less (i) earnings allocated to participating share awards of $31 million for both the six months ended June 30, 2023 and 2022, and (ii) dividends on preferred shares of $29 million for both the six months ended June 30, 2023 and 2022.

Consolidated Statements of In_2

Consolidated Statements of Income (Unaudited) (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income Statement [Abstract]
Earnings allocated to participating share awards	$ 17	$ 15	$ 31	$ 31
Dividends on preferred shares	$ 15	$ 15	$ 29	$ 29

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 2,174	$ 1,964	$ 3,990	$ 4,063
Other comprehensive income (loss):
Net unrealized debt securities gains (losses), net of tax	1	(25)	20	(53)
Foreign currency translation adjustments, net of hedges and tax	25	(157)	53	(177)
Net unrealized pension and other postretirement benefits, net of tax	(4)	12	53	32
Other comprehensive income (loss)	22	(170)	126	(198)
Comprehensive income	$ 2,196	$ 1,794	$ 4,116	$ 3,865

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Cash and cash equivalents
Cash and due from banks (includes restricted cash of consolidated variable interest entities: 2023, $5; 2022, $5)	$ 3,379	$ 5,510
Interest-bearing deposits in other banks (includes securities purchased under resale agreements: 2023, $314; 2022, $318)	38,869	28,097
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2023, $663; 2022, $54)	710	307
Total cash and cash equivalents	42,958	33,914
Investment securities	4,087	4,578
Premises and equipment, less accumulated depreciation and amortization: 2023, $10,594; 2022, $9,850	5,177	5,215
Other assets, less reserves for credit losses: 2023, $24; 2022, $22	18,224	17,689
Total assets	244,904	228,354
Liabilities
Customer deposits	122,756	110,239
Accounts payable	12,359	12,133
Short-term borrowings	1,583	1,348
Long-term debt (includes debt issued by consolidated variable interest entities: 2023, $14,789; 2022, $12,662)	46,725	42,573
Other liabilities	34,778	37,350
Total liabilities	218,201	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 June 30, 2023 and December 31, 2022	0	0
Common shares, $0.20 par value, authorized 3.6 billion shares; issued and outstanding 736 million shares as of June 30, 2023 and 743 million shares as of December 31, 2022	148	149
Additional paid-in capital	11,509	11,493
Retained earnings	18,130	16,279
Accumulated other comprehensive income (loss)	(3,084)	(3,210)
Total shareholders’ equity	26,703	24,711
Total liabilities and shareholders’ equity	244,904	228,354
Card Member Receivables
Cash and cash equivalents
Financing receivables, net	58,011	57,384
Card Member Loans
Cash and cash equivalents
Financing receivables, net	110,212	104,217
Other Loans
Cash and cash equivalents
Financing receivables, net	$ 6,235	$ 5,357

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Cash and cash equivalents
Restricted cash	$ 1,231	$ 544
Securities purchased under resale agreements	314	318
Accumulated depreciation and amortization	10,594	9,850
Other assets, reserves for credit losses	24	22
Liabilities
Long-term debt	$ 46,725	$ 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)	736,000,000	743,000,000
Common shares, outstanding (in shares)	736,000,000	743,000,000
Card Member Receivables
Cash and cash equivalents
Financing receivables, gross	$ 58,221	$ 57,613
Allowance for credit losses	210	229
Card Member Loans
Cash and cash equivalents
Financing receivables, gross	114,602	107,964
Allowance for credit losses	4,390	3,747
Other Loans
Cash and cash equivalents
Allowance for credit losses	98	59
Variable Interest Entity, Primary Beneficiary
Cash and cash equivalents
Restricted cash	5	5
Restricted investments	663	54
Liabilities
Long-term debt	14,789	12,662
Variable Interest Entity, Primary Beneficiary | Card Member Receivables
Cash and cash equivalents
Financing receivables, gross	5,049	5,193
Variable Interest Entity, Primary Beneficiary | Card Member Loans
Cash and cash equivalents
Financing receivables, gross	$ 27,400	$ 28,461

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2023	Jun. 30, 2022
Cash Flows from Operating Activities
Net income		$ 3,990	$ 4,063
Adjustments to reconcile net income to net cash provided by operating activities:
Provisions for credit losses		2,253	377
Depreciation and amortization		800	795
Stock-based compensation		248	198
Deferred taxes		(852)	(402)
Other items	[1]	240	128
Originations of loans held-for-sale		(54)	(90)
Proceeds from sales of loans held-for-sale		59	88
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Other assets		(563)	246
Accounts payable & other liabilities		(2,575)	2,736
Net cash provided by operating activities		3,546	8,139
Cash Flows from Investing Activities
Sale of investment securities		0	16
Maturities and redemptions of investment securities		1,149	1,096
Purchase of investments		(671)	(2,674)
Net increase in Card Member loans and receivables, and other loans	[2]	(9,013)	(12,916)
Purchase of premises and equipment, net of sales: 2023, $1; 2022, nil		(736)	(899)
Acquisitions/dispositions, net of cash acquired		(64)	(15)
Net cash used in investing activities		(9,335)	(15,392)
Cash Flows from Financing Activities
Net increase in customer deposits		12,516	12,060
Net increase (decrease) in short-term borrowings	[2]	194	(63)
Proceeds from long-term debt		7,966	14,710
Payments of long-term debt		(3,856)	(12,529)
Issuance of American Express common shares		22	54
Repurchase of American Express common shares and other		(1,349)	(2,261)
Dividends paid		(867)	(753)
Net cash provided by financing activities		14,626	11,218
Effect of foreign currency exchange rates on cash and cash equivalents		207	284
Net increase in cash and cash equivalents		9,044	4,249
Cash and cash equivalents at beginning of period		33,914	22,028
Cash and cash equivalents at end of period		$ 42,958	$ 26,277
[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 first quarter of 2023.

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows (Unaudited) (Parenthetical) - USD ($)	3 Months Ended	6 Months Ended
	Mar. 31, 2023	Jun. 30, 2023	Jun. 30, 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		42,958,000,000	26,277,000,000	$ 33,914,000,000	$ 22,028,000,000
Restricted balances included in Cash and cash equivalents		1,231,000,000	1,086,000,000	544,000,000	525,000,000
Total Cash and cash equivalents, excluding restricted balances		$ 41,727,000,000	$ 25,191,000,000	$ 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	4,063					4,063
Other comprehensive income (loss)	(198)				(198)	0
Repurchase of common shares	(2,094)		(2)	(179)		(1,913)
Other changes, primarily employee plans	103			160		(57)
Cash dividends declared preferred							$ (29)	$ (29)
Cash dividends declared common	(787)					(787)
Ending Balance at Jun. 30, 2022	23,235	0	151	11,476	(3,143)	14,751
Beginning Balance at Mar. 31, 2022	22,383	0	151	11,451	(2,973)	13,754
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,964					1,964
Other comprehensive income (loss)	(170)				(170)	0
Repurchase of common shares	(611)			(53)		(558)
Other changes, primarily employee plans	77			78		(1)
Cash dividends declared preferred							(15)	(15)
Cash dividends declared common	(393)					(393)
Ending Balance at Jun. 30, 2022	23,235	0	151	11,476	(3,143)	14,751
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	3,990					3,990
Other comprehensive income (loss)	126				126	0
Repurchase of common shares	(1,312)		(1)	(123)		(1,188)
Other changes, primarily employee plans	112			139		(27)
Cash dividends declared preferred							(29)	(29)
Cash dividends declared common	(895)					(895)
Ending Balance at Jun. 30, 2023	26,703	0	148	11,509	(3,084)	18,130
Beginning Balance at Mar. 31, 2023	25,992	0	149	11,522	(3,106)	17,427
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	2,174					2,174
Other comprehensive income (loss)	22				22	0
Repurchase of common shares	(1,117)		(1)	(106)		(1,010)
Other changes, primarily employee plans	92			93		(1)
Cash dividends declared preferred							$ (15)	$ (15)
Cash dividends declared common	(445)					(445)
Ending Balance at Jun. 30, 2023	$ 26,703	$ 0	$ 148	$ 11,509	$ (3,084)	$ 18,130

Consolidated Statements of Sh_2

Consolidated Statements of Shareholders' Equity (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Cash dividends declared
Common stock, dividend per share (in dollars per share)	$ 0.60	$ 0.52	$ 1.20	$ 1.04
Series D Preferred Stock
Cash dividends declared
Preferred stock, dividend per share (in dollars per share)	$ 9,072.22	$ 9,072.22	$ 17,947.22	$ 17,947.22

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 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 Adopted and Issued 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 plan to early adopt the updated guidance with respect to other qualifying investments in the second half of 2023. We do not expect the updated guidance to have a material impact to our Consolidated Financial Statements.

Loans and Card Member Receivabl

Loans and Card Member Receivables	6 Months Ended
	Jun. 30, 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 June 30, 2023 and December 31, 2022 consisted of: (Millions) 2023 2022 Consumer (a) $ 88,905 $ 84,964 Small Business 25,638 22,947 Corporate 59 53 Card Member loans 114,602 107,964 Less: Reserves for credit losses 4,390 3,747 Card Member loans, net $ 110,212 $ 104,217 Other loans, net (b) $ 6,235 $ 5,357 (a) Includes approximately $27.4 billion and $28.5 billion of gross Card Member loans available to settle obligations of a consolidated variable interest entity (VIE) as of June 30, 2023 and December 31, 2022, respectively. (b) Other loans are presented net of reserves for credit losses of $98 million and $59 million as of June 30, 2023 and December 31, 2022, respectively. Card Member receivables as of June 30, 2023 and December 31, 2022 consisted of: (Millions) 2023 2022 Consumer $ 22,476 $ 22,885 Small Business 19,543 19,629 Corporate (a) 16,202 15,099 Card Member receivables 58,221 57,613 Less: Reserves for credit losses 210 229 Card Member receivables, net $ 58,011 $ 57,384 (a) Includes $5.0 billion and $5.2 billion of gross Card Member receivables available to settle obligations of a consolidated VIE as of June 30, 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 June 30, 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 $ 87,914 $ 309 $ 216 $ 466 $ 88,905 $ 333 $ 235 Small Business 25,323 112 74 129 25,638 89 66 Corporate (a) (b) (b) (b) — 59 — — Card Member Receivables: Consumer 22,258 71 46 101 22,476 — — Small Business $ 19,247 $ 109 $ 64 123 19,543 — — Corporate (a) (b) (b) (b) $ 82 $ 16,202 $ — $ — 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 six months ended June 30: 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 1.7 % 2.1 % 1.1 % 0.8 % 1.1 % 0.7 % Small Business 1.4 % 1.6 % 1.2 % 0.6 % 0.7 % 0.6 % Card Member Receivables: Consumer 1.6 % 1.7 % 1.0 % 0.6 % 0.6 % 0.8 % Small Business 2.2 % 2.4 % 1.5 % 0.8 % 0.9 % 0.9 % Corporate (b) 0.6 % (c) (b) 0.3 % (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 0.4% as of June 30, 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 June 30, 2023, we had $29 million of unused credit available to customers with loans modified during the six months ended June 30, 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 and six months ended June 30, 2023: Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 Account Balances ( Millions ) (a) % of Total Class of Financing Receivables Weighted Average Interest Rate Reduction Weighted Average Payment Account Balances ( Millions ) (a) % of Total Class of Financing Receivables Weighted Average Interest Rate Reduction Weighted Average Payment Interest Rate Reduction Card Member Loans Consumer $ 348 0.4 % 15.9 % (b) $ 642 0.7 % 15.7 % (b) Small Business 149 0.6 % 15.5 % (b) 277 1.1 % 15.4 % (b) Corporate — — — (b) — $ — — (b) Term Extension Card Member Receivables Consumer 108 0.5 % (c) 27 200 0.9 % (c) 25 Small Business 194 1.0 % (c) 28 352 1.8 % (c) 26 Corporate 10 0.1 % (c) 10 15 0.1 % (c) 10 Other Loans 9 0.1 % — 17 14 0.2 % — 17 Interest Rate Reduction Other Loans 8 0.1 % 2.0 % 19 13 0.2 % 2.0 % 19 Total $ 826 $ 1,513 (a) Represents the outstanding balances as of June 30, 2023 of all modifications undertaken in the past three and six months, respectively, for loans and receivables that remain in modification programs as of, or that defaulted on or before, June 30, 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 and six months ended June 30, 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 June 30, 2023 Account Balances ( Millions ) (a) Current 30-89 Days Past Due 90+ Days Past Due Card Member Loans Consumer $ 579 $ 47 $ 16 Small Business 236 33 8 Corporate — — — Card Member Receivables: Consumer 182 14 4 Small Business 293 50 9 Corporate 13 1 1 Other Loans 25 2 — Total $ 1,328 $ 147 $ 38 (a) Represents the outstanding balances as of June 30, 2023 of all modifications undertaken on or after January 1, 2023 for loans and receivables that remain in modification programs as of, or that defaulted on or before, June 30, 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 and six months ended June 30, 2022: Three Months Ended Six Months Ended Number of Account Balances (millions) (a) Average Interest Rate Reduction (% Points) Average Payment Term Extensions Number of Account Balances (millions) (a) Average Interest Rate Reduction (% Points) Average Payment Term Extensions Troubled Debt Restructurings: Card Member Loans 26 $ 171 14 (b) 53 $ 348 14 (b) Card Member Receivables 5 162 (c) 19 11 333 (c) 18 Other Loans 1 1 3 17 2 2 3 16 Total 32 $ 334 66 $ 683 (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 Six Months Ended Number of Aggregated Outstanding Balances Upon Default (millions) (a) Number of Aggregated Outstanding Balances Upon Default (millions) (a) Troubled Debt Restructurings That Subsequently Defaulted: Card Member Loans 4 $ 23 $ 8 $ 52 Card Member Receivables 1 10 2 20 Other Loans — — — — Total 5 $ 33 10 $ 72 (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	6 Months Ended
	Jun. 30, 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) June 30, 2023 December 31, 2022 June 30, 2023 December 31, 2022 Second quarter of 2023 3% 3% - 7% 2% 5% - (7)% Fourth quarter of 2023 3% - 6% 3% - 8% 4% - (3)% 6% - 0.2% Fourth quarter of 2024 3% - 8% 3% - 7% 2% - 1% 3% - 2% Fourth quarter of 2025 4% - 6% 3% - 6% 3% - 2% 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 June 30, 2023, primarily driven by an increase in loans outstanding. Card Member loans reserve for credit losses increased for the six months ended June 30, 2023, primarily driven by an increase in loans outstanding and higher delinquencies. Card Member loans reserve for credit losses increased for the three months ended June 30, 2022, primarily driven by an increase in loans outstanding and a slight deterioration in the macroeconomic outlook at that time, partially offset by improved portfolio quality. Card Member loans reserve for credit losses decreased for the six months ended June 30, 2022, primarily driven by improved portfolio quality and a reduction in COVID-19 pandemic-driven reserves, partially offset by an increase in loans outstanding and a slight deterioration in the macroeconomic outlook at that time. The following table presents changes in the Card Member loans reserve for credit losses for the three and six months ended June 30: Three Months Ended June 30, Six Months Ended June 30, (Millions) 2023 2022 2023 2022 Beginning Balance $ 4,053 $ 2,981 $ 3,747 $ 3,305 Provisions (a) 923 272 1,709 161 Net write-offs (b) Principal (490) (192) (887) (357) Interest and fees (107) (55) (196) (105) Other (c) 11 (9) 17 (7) Ending Balance $ 4,390 $ 2,997 $ 4,390 $ 2,997 (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 $130 million and $138 million for the three months ended June 30, 2023 and 2022, respectively, and $258 million and $283 million for the six months ended June 30, 2023 and 2022, respectively. Recoveries of interest and fees were not significant. (c) Primarily includes foreign currency translation adjustments of $12 million and $(8) million for the three months ended June 30, 2023 and 2022, respectively, and $18 million and $(6) million for the six months ended June 30, 2023 and 2022, respectively. Changes in Card Member Receivables Reserve for Credit Losses Card Member receivables reserve for credit losses decreased for both the three and six months ended June 30, 2023, primarily driven by lower delinquencies, partially offset by increases in receivables outstanding. Card Member receivables reserve for credit losses increased for the three months ended June 30, 2022, primarily driven by an increase in receivables outstanding and a slight deterioration in the macroeconomic outlook at that time, partially offset by improved portfolio quality. Card Member receivables reserve for credit losses increased for the six months ended June 30, 2022, primarily driven by an increase in receivables outstanding and higher delinquencies. The following table presents changes in the Card Member receivables reserve for credit losses for the three and six months ended June 30: Three Months Ended June 30, Six Months Ended June 30, (Millions) 2023 2022 2023 2022 Beginning Balance $ 223 $ 76 $ 229 $ 64 Provisions (a) 230 138 452 218 Net write-offs (b) (243) (95) (473) (162) Other (c) — — 2 (1) Ending Balance $ 210 $ 119 $ 210 $ 119 (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 $76 million and $67 million for the three months ended June 30, 2023 and 2022, respectively, and $145 million and $134 million for the six months ended June 30, 2023 and 2022, respectively. (c) Primarily includes foreign currency translation adjustments.

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 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 $5 million and $12 million as of June 30, 2023 and December 31, 2022, respectively, presented as Other assets on the Consolidated Balance Sheets. Investment securities also include equity securities carried at fair value on the Consolidated Balance Sheets with unrealized gains and losses recorded in the Consolidated Statements of Income as Other, net expense. Realized gains and losses are recognized upon disposition of the securities using the specific identification method and recorded in the Consolidated Statements of Income as Other, net expense. The following is a summary of investment securities as of June 30, 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 $ — $ (9) $ 54 $ 64 $ — $ (10) $ 54 U.S. Government agency obligations 4 — — 4 5 — — 5 U.S. Government treasury obligations 3,205 — (48) 3,157 3,859 — (73) 3,786 Mortgage-backed securities (a) 13 — (1) 12 13 — — 13 Foreign government bonds and obligations 754 — — 754 633 — (1) 632 Other (b) 64 — — 64 47 — — 47 Equity securities (c) 50 — (8) 42 50 — (9) 41 Total $ 4,153 $ — $ (66) $ 4,087 $ 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 June 30, 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 $ — $ — $ 30 $ (9) $ 52 $ (10) $ — $ — U.S. Government treasury obligations 1,009 (19) 2,138 (29) 3,710 (72) 52 (1) Mortgage-backed securities — — 4 (1) — — — — Foreign government bonds and obligations — — — — 549 (1) — — Total $ 1,009 $ (19) $ 2,172 $ (39) $ 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 June 30, 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% 24 $ 1,009 $ (19) 23 $ 2,147 $ (30) 47 $ 3,156 $ (49) Less than 90% — $ — $ — 14 $ 25 $ (9) 14 $ 25 $ (9) Total as of June 30, 2023 24 $ 1,009 $ (19) 37 $ 2,172 $ (39) 61 $ 3,181 $ (58) 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 June 30, 2023 were as follows: (Millions) Cost Estimated Due within 1 year $ 3,792 $ 3,751 Due after 1 year but within 5 years 212 204 Due after 5 years but within 10 years 41 41 Due after 10 years 58 49 Total $ 4,103 $ 4,045 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	6 Months Ended
	Jun. 30, 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 $14.8 billion and $16.0 billion as of June 30, 2023 and December 31, 2022, respectively, and for the Charge Trust was $3.1 billion and $5.2 billion as of June 30, 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 $668 million and $59 million as of June 30, 2023 and December 31, 2022, respectively, and for the Charge Trust was nil as of both June 30, 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 six months ended June 30, 2023 and the year ended December 31, 2022, no such triggering events occurred.

Customer Deposits

Customer Deposits	6 Months Ended
	Jun. 30, 2023
Deposits [Abstract]
Customer Deposits	Customer Deposits As of June 30, 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 $ 121,758 $ 109,119 Non-interest-bearing (includes Card Member credit balances of: 2023, $464; 2022, $605) 514 663 Non-U.S.: Interest-bearing 14 15 Non-interest-bearing (includes Card Member credit balances of: 2023, $467; 2022, $439) 470 442 Total customer deposits $ 122,756 $ 110,239 Customer deposits by deposit type as of June 30, 2023 and December 31, 2022 were as follows: (Millions) 2023 2022 Savings and transaction accounts $ 85,932 $ 76,731 Certificates of deposit: Direct 4,595 2,765 Third-party (brokered) 15,061 13,331 Sweep accounts – Third-party (brokered) 16,175 16,297 Other deposits 62 71 Card Member credit balances 931 1,044 Total customer deposits $ 122,756 $ 110,239 The scheduled maturities of certificates of deposit as of June 30, 2023 were as follows: (Millions) 2023 2024 2025 2026 2027 After 5 Years Total Certificates of deposit $ 4,115 $ 9,787 $ 3,777 $ 651 $ 781 $ 545 $ 19,656 As of June 30, 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. $ 1,551 $ 998 Non-U.S. — 1 Total $ 1,551 $ 999

Contingencies

Contingencies	6 Months Ended
	Jun. 30, 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. 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. We have also been made aware of a related investigation by the New York Department of Financial Services (NYDFS). 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. In July 2023, we reached a settlement with the OCC to resolve its review of historical sales practices to certain U.S. small business card customers that occurred between 2015 and 2017, with a civil money penalty of $15 million. The DOJ, EDNY and NYDFS investigations are ongoing, and we are cooperating with all inquiries. Any additional 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 $310 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	6 Months Ended
	Jun. 30, 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 June 30, 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 June 30, 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 June 30, 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 June 30, 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) $ — $ — $ 176 $ 211 Net investment hedges - Foreign exchange contracts 55 350 420 251 Total derivatives designated as hedging instruments 55 350 596 462 Derivatives not designated as hedging instruments: Foreign exchange contracts and other 150 171 232 339 Total derivatives, gross 205 521 828 801 Derivative asset and derivative liability netting (b) (118) (257) (118) (257) Cash collateral netting (c) (2) (11) (187) (212) Total derivatives, net $ 85 $ 253 $ 523 $ 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 $7 million and $8 million as of June 30, 2023 and December 31, 2022, respectively, as initial margin on our centrally cleared interest rate swaps; such amounts are recorded within Other assets on the Consolidated Balance Sheets and are not netted against the derivative balances. Fair Value Hedges We are exposed to interest rate risk associated with our fixed-rate debt obligations. At the time of issuance, certain fixed-rate long-term debt obligations are designated in fair value hedging relationships, using interest rate swaps, to economically convert the fixed interest rate to a floating interest rate. We had $4.6 billion and $8.1 billion of fixed-rate debt obligations designated in fair value hedging relationships as of June 30, 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 and six months ended June 30: Gains (losses) Three Months Ended Six Months Ended (Millions) 2023 2022 2023 2022 Fixed-rate long-term debt $ 15 $ 106 $ (38) $ 364 Derivatives designated as hedging instruments (16) (106) 37 (367) Total $ (1) $ — $ (1) $ (3) The carrying values of the hedged liabilities, recorded within Long-term debt on the Consolidated Balance Sheets, were $4.4 billion and $7.8 billion as of June 30, 2023 and December 31, 2022, respectively, including the cumulative amount of fair value hedging adjustments of $(198) million and $(236) million for the respective periods. We recognized in Interest expense on Long-term debt a net increase of $44 million and a net decrease of $34 million for the three months ended June 30, 2023 and 2022, respectively, and a net increase of $83 million and a net decrease of $91 million for the six months ended June 30, 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 $12.7 billion and $12.5 billion of foreign currency derivatives designated as net investment hedges as of June 30, 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 a loss of $307 million and a gain of $293 million for the three months ended June 30, 2023 and 2022, respectively, and a loss of $505 million and a gain of $208 million for the six months ended June 30, 2023 and 2022, respectively. Net investment hedge reclassifications out of AOCI into the Consolidated Statements of Income were not significant for any of the three and six months ended June 30, 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 $23.2 billion and $21.7 billion as of June 30, 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 $25 million and a net loss of $1 million for the three months ended June 30, 2023 and 2022, respectively, and a net gain of $30 million and a net loss of $13 million for the six months ended June 30, 2023 and 2022, respectively, that are recognized in Other, net expenses in the Consolidated Statements of Income.

Fair Values

Fair Values	6 Months Ended
	Jun. 30, 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 June 30, 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 $ 42 $ — $ — $ 41 $ 40 $ 1 $ — Debt securities 4,045 — 3,981 64 4,537 — 4,490 47 Derivatives, gross (a)(b) 205 — 178 27 521 — 494 27 Total Assets 4,292 42 4,159 91 5,099 40 4,985 74 Liabilities: Derivatives, gross (a) 828 — 828 — 801 — 801 — Total Liabilities $ 828 $ — $ 828 $ — $ 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 June 30, 2023 and December 31, 2022. The fair values of these financial instruments are estimates based upon the market conditions and perceived risks as of June 30, 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) $ 43 $ 43 $ 41 $ 2 $ — Other financial assets (b) 61 61 — 61 — Financial assets carried at other than fair value Card Member and Other loans, less reserves (c) 116 120 — — 120 Financial Liabilities: Financial liabilities for which carrying values equal or approximate fair value 129 129 — 129 — Financial liabilities carried at other than fair value Certificates of deposit (d) 20 19 — 19 — Long-term debt (c) $ 47 $ 46 $ — $ 46 $ — 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 $5.0 billion and $5.2 billion held by a consolidated VIE as of June 30, 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 $27.4 billion and $28.4 billion as of June 30, 2023 and December 31, 2022, respectively, and the fair values of Long-term debt were $14.4 billion and $12.3 billion as of June 30, 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 June 30, 2023 and December 31, 2022, respectively, of which approximately nil and $0.6 billion as of June 30, 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 $76 million for the three months ended June 30, 2023 and 2022, respectively, and nil and $88 million for the six months ended June 30, 2023 and 2022, respectively. Unrealized losses representing impairments were $10 million and $84 million for the three months ended June 30, 2023 and 2022, respectively, and $105 million and $102 million for the six months ended June 30, 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 June 30, 2023 and December 31, 2022, and cumulative unrealized losses representing impairments were $504 million and $394 million as of June 30, 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 June 30, 2023 and December 31, 2022.

Guarantees

Guarantees	6 Months Ended
	Jun. 30, 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 $24 million, respectively, as of June 30, 2023, and $1 billion and $21 million, respectively, as of 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)	6 Months Ended
	Jun. 30, 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 and six months ended June 30, 2023 and 2022 were as follows: Three Months Ended June 30, 2023 (Millions), net of tax Net Unrealized Foreign Currency Translation Adjustment Gains (Losses), net of hedges (a) Net Unrealized Accumulated Other Balances as of March 31, 2023 $ (45) $ (2,594) $ (467) $ (3,106) Net change 1 25 (4) 22 Balances as of June 30, 2023 $ (44) $ (2,569) $ (471) $ (3,084) Six Months Ended June 30, 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 20 53 53 126 Balances as of June 30, 2023 $ (44) $ (2,569) $ (471) $ (3,084) Three Months Ended June 30, 2022 (Millions), net of tax Net Unrealized Gains (Losses) on Debt Securities Foreign Currency Translation Adjustment Gains (Losses), net of hedges (a) Net Unrealized Accumulated Other Comprehensive Income (Loss) Balances as of March 31, 2022 $ (5) $ (2,412) $ (556) $ (2,973) Net change (25) (157) 12 (170) Balances as of June 30, 2022 $ (30) $ (2,569) $ (544) $ (3,143) Six Months Ended June 30, 2022 (Millions), net of tax Net Unrealized Gains (Losses) on Debt Securities Foreign Currency Translation Adjustment Gains (Losses), net of hedges (a) Net Unrealized Accumulated Other Comprehensive Income (Loss) Balances as of December 31, 2021 $ 23 $ (2,392) $ (576) $ (2,945) Net change (53) (177) 32 (198) Balances as of June 30, 2022 $ (30) $ (2,569) $ (544) $ (3,143) (a) Refer to Note 8 for additional information on hedging activity. The following table shows the tax impact for the three and six months ended June 30 for the changes in each component of AOCI presented above: Tax expense (benefit) Three Months Ended Six Months Ended (Millions) 2023 2022 2023 2022 Net unrealized gains (losses) on debt securities $ — $ (7) $ 6 $ (16) Foreign currency translation adjustment, net of hedges (53) 92 (98) 62 Pension and other postretirement benefits (5) 10 — 17 Total tax impact $ (58) $ 95 $ (92) $ 63 Reclassifications out of AOCI into the Consolidated Statements of Income, net of taxes, for the three and six months ended June 30, 2023 and 2022 were not significant.

Service Fees and Other Revenue

Service Fees and Other Revenue and Other Expenses	6 Months Ended
	Jun. 30, 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 and six months ended June 30: Three Months Ended Six Months Ended (Millions) 2023 2022 2023 2022 Service fees $ 373 $ 370 $ 739 $ 719 Foreign currency-related revenue 359 304 697 529 Delinquency fees 239 193 472 372 Travel commissions and fees 158 131 293 219 Other fees and revenues 103 267 249 332 Total Service fees and other revenue $ 1,232 $ 1,265 $ 2,450 $ 2,171 The following is a detail of Other expenses for the three and six months ended June 30: Three Months Ended Six Months Ended (Millions) 2023 2022 2023 2022 Data processing and equipment $ 677 $ 623 $ 1,337 $ 1,223 Professional services 467 501 907 973 Net unrealized and realized losses on Amex Ventures investments (a) 11 10 106 21 Other 391 317 758 632 Total Other expenses $ 1,546 $ 1,451 $ 3,108 $ 2,849 (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	6 Months Ended
	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The effective tax rate was 20.5 percent and 22.8 percent for the three months ended June 30, 2023 and 2022, respectively, and 18.6 percent and 22.7 percent for the six months ended June 30, 2023 and 2022, respectively. The lower effective tax rate for the three-month period primarily reflected discrete tax benefits related to a legal entity restructuring in the current period. The lower effective tax rate for the six-month period primarily reflected discrete tax benefits related to the resolution of certain prior-year tax items and a legal entity restructuring in the current period. 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 $123 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 $123 million of unrecognized tax benefits, approximately $97 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)	6 Months Ended
	Jun. 30, 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 and six months ended June 30 were as follows: Three Months Ended Six Months Ended (Millions, except per share amounts) 2023 2022 2023 2022 Numerator: Basic and diluted: Net income $ 2,174 $ 1,964 $ 3,990 $ 4,063 Preferred dividends (15) (15) (29) (29) Net income available to common shareholders $ 2,159 $ 1,949 $ 3,961 $ 4,034 Earnings allocated to participating share awards (a) (17) (15) (31) (31) Net income attributable to common shareholders $ 2,142 $ 1,934 $ 3,930 $ 4,003 Denominator: (a) Basic: Weighted-average common stock 740 752 741 755 Add: Weighted-average stock options (b) 1 1 1 1 Diluted 741 753 742 756 Basic EPS $ 2.89 $ 2.57 $ 5.30 $ 5.30 Diluted EPS $ 2.89 $ 2.57 $ 5.29 $ 5.30 (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 1.4 million and 0.25 million of options for the three months ended June 30, 2023 and 2022, respectively, and 1.4 million and 0.21 million of options for the six months ended June 30, 2023 and 2022, respectively, because inclusion of the options would have been anti-dilutive.

Reportable Operating Segments

Reportable Operating Segments	6 Months Ended
	Jun. 30, 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 June 30, 2023 (Millions, except where indicated) USCS CS ICS GMNS Corporate & Other (a) Consolidated Total non-interest revenues $ 4,643 $ 3,301 $ 2,349 $ 1,675 $ (19) $ 11,949 Revenue from contracts with customers (b) 3,479 2,910 1,528 1,523 (7) 9,433 Interest income 2,934 792 497 14 538 4,775 Interest expense 647 364 261 (174) 572 1,670 Total revenues net of interest expense 6,930 3,729 2,585 1,863 (53) 15,054 Pretax income (loss) $ 1,250 $ 713 $ 253 $ 963 $ (445) $ 2,734 Total assets (billions) $ 95 $ 54 $ 38 $ 17 $ 41 $ 245 For the Six Months Ended June 30, 2023 (Millions) USCS CS ICS GMNS Corporate & Other (a) Consolidated Total non-interest revenues $ 9,002 $ 6,408 $ 4,616 $ 3,271 $ (50) $ 23,247 Revenue from contracts with customers (b) 6,718 5,641 2,969 2,971 (20) 18,279 Interest income 5,709 1,498 964 28 992 9,191 Interest expense 1,198 685 485 (305) 1,040 3,103 Total revenues net of interest expense 13,513 7,221 5,095 3,604 (98) 29,335 Pretax income (loss) $ 2,380 $ 1,343 $ 442 $ 1,848 $ (1,112) $ 4,901 As of or for the Three Months Ended June 30, 2022 (Millions, except where indicated) USCS CS ICS GMNS Corporate & Other (a) Consolidated Total non-interest revenues $ 4,154 $ 3,122 $ 2,140 $ 1,568 $ 51 $ 11,035 Revenue from contracts with customers (b) 3,197 2,791 1,326 1,434 23 8,771 Interest income 1,893 468 347 5 86 2,799 Interest expense 136 121 144 (61) 99 439 Total revenues net of interest expense 5,911 3,469 2,343 1,634 38 13,395 Pretax income (loss) $ 1,273 $ 778 $ 183 $ 802 $ (493) $ 2,543 Total assets (billions) $ 82 $ 49 $ 34 $ 16 $ 24 $ 205 For the Six Months Ended June 30, 2022 (Millions) USCS CS ICS GMNS Corporate & Other (a) Consolidated Total non-interest revenues $ 7,791 $ 5,841 $ 3,999 $ 2,940 $ — $ 20,571 Revenue from contracts with customers (b) 5,939 5,212 2,525 2,708 27 16,411 Interest income 3,629 883 671 7 129 5,319 Interest expense 239 208 267 (105) 151 760 Total revenues net of interest expense 11,181 6,516 4,403 3,052 (22) 25,130 Pretax income (loss) $ 2,805 $ 1,559 $ 427 $ 1,471 $ (1,007) $ 5,255 (a) Corporate & Other includes adjustments and eliminations for intersegment activity. (b) Includes discount revenue, certain service fees and other revenue and processed revenues from customers.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ 2,174	$ 1,964	$ 3,990	$ 4,063

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 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 Adopted and Issued Accounting Standards	Recently Adopted and Issued 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 plan to early adopt the updated guidance with respect to other qualifying investments in the second half of 2023. We do not expect the updated guidance to have a material impact to our Consolidated Financial Statements.
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 $310 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 June 30, 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 June 30, 2023 and December 31, 2022, respectively, of which approximately nil and $0.6 billion as of June 30, 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 $76 million for the three months ended June 30, 2023 and 2022, respectively, and nil and $88 million for the six months ended June 30, 2023 and 2022, respectively. Unrealized losses representing impairments were $10 million and $84 million for the three months ended June 30, 2023 and 2022, respectively, and $105 million and $102 million for the six months ended June 30, 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 June 30, 2023 and December 31, 2022, and cumulative unrealized losses representing impairments were $504 million and $394 million as of June 30, 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 June 30, 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)	6 Months Ended
	Jun. 30, 2023
Receivables [Abstract]
Card member and other loan detail	Card Member and Other loans as of June 30, 2023 and December 31, 2022 consisted of: (Millions) 2023 2022 Consumer (a) $ 88,905 $ 84,964 Small Business 25,638 22,947 Corporate 59 53 Card Member loans 114,602 107,964 Less: Reserves for credit losses 4,390 3,747 Card Member loans, net $ 110,212 $ 104,217 Other loans, net (b) $ 6,235 $ 5,357 (a) Includes approximately $27.4 billion and $28.5 billion of gross Card Member loans available to settle obligations of a consolidated variable interest entity (VIE) as of June 30, 2023 and December 31, 2022, respectively. (b) Other loans are presented net of reserves for credit losses of $98 million and $59 million as of June 30, 2023 and December 31, 2022, respectively. Card Member receivables as of June 30, 2023 and December 31, 2022 consisted of: (Millions) 2023 2022 Consumer $ 22,476 $ 22,885 Small Business 19,543 19,629 Corporate (a) 16,202 15,099 Card Member receivables 58,221 57,613 Less: Reserves for credit losses 210 229 Card Member receivables, net $ 58,011 $ 57,384 (a) Includes $5.0 billion and $5.2 billion of gross Card Member receivables available to settle obligations of a consolidated VIE as of June 30, 2023 and December 31, 2022, respectively.
Aging of receivables	The following table presents the aging of Card Member loans and receivables as of June 30, 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 $ 87,914 $ 309 $ 216 $ 466 $ 88,905 $ 333 $ 235 Small Business 25,323 112 74 129 25,638 89 66 Corporate (a) (b) (b) (b) — 59 — — Card Member Receivables: Consumer 22,258 71 46 101 22,476 — — Small Business $ 19,247 $ 109 $ 64 123 19,543 — — Corporate (a) (b) (b) (b) $ 82 $ 16,202 $ — $ — 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 six months ended June 30: 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 1.7 % 2.1 % 1.1 % 0.8 % 1.1 % 0.7 % Small Business 1.4 % 1.6 % 1.2 % 0.6 % 0.7 % 0.6 % Card Member Receivables: Consumer 1.6 % 1.7 % 1.0 % 0.6 % 0.6 % 0.8 % Small Business 2.2 % 2.4 % 1.5 % 0.8 % 0.9 % 0.9 % Corporate (b) 0.6 % (c) (b) 0.3 % (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 0.4% as of June 30, 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 and six months ended June 30, 2023: Three Months Ended June 30, 2023 Six Months Ended June 30, 2023 Account Balances ( Millions ) (a) % of Total Class of Financing Receivables Weighted Average Interest Rate Reduction Weighted Average Payment Account Balances ( Millions ) (a) % of Total Class of Financing Receivables Weighted Average Interest Rate Reduction Weighted Average Payment Interest Rate Reduction Card Member Loans Consumer $ 348 0.4 % 15.9 % (b) $ 642 0.7 % 15.7 % (b) Small Business 149 0.6 % 15.5 % (b) 277 1.1 % 15.4 % (b) Corporate — — — (b) — $ — — (b) Term Extension Card Member Receivables Consumer 108 0.5 % (c) 27 200 0.9 % (c) 25 Small Business 194 1.0 % (c) 28 352 1.8 % (c) 26 Corporate 10 0.1 % (c) 10 15 0.1 % (c) 10 Other Loans 9 0.1 % — 17 14 0.2 % — 17 Interest Rate Reduction Other Loans 8 0.1 % 2.0 % 19 13 0.2 % 2.0 % 19 Total $ 826 $ 1,513 (a) Represents the outstanding balances as of June 30, 2023 of all modifications undertaken in the past three and six months, respectively, for loans and receivables that remain in modification programs as of, or that defaulted on or before, June 30, 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 June 30, 2023 Account Balances ( Millions ) (a) Current 30-89 Days Past Due 90+ Days Past Due Card Member Loans Consumer $ 579 $ 47 $ 16 Small Business 236 33 8 Corporate — — — Card Member Receivables: Consumer 182 14 4 Small Business 293 50 9 Corporate 13 1 1 Other Loans 25 2 — Total $ 1,328 $ 147 $ 38 (a) Represents the outstanding balances as of June 30, 2023 of all modifications undertaken on or after January 1, 2023 for loans and receivables that remain in modification programs as of, or that defaulted on or before, June 30, 2023. The following table provides additional information with respect to loans and receivables that were modified as TDRs during the three and six months ended June 30, 2022: Three Months Ended Six Months Ended Number of Account Balances (millions) (a) Average Interest Rate Reduction (% Points) Average Payment Term Extensions Number of Account Balances (millions) (a) Average Interest Rate Reduction (% Points) Average Payment Term Extensions Troubled Debt Restructurings: Card Member Loans 26 $ 171 14 (b) 53 $ 348 14 (b) Card Member Receivables 5 162 (c) 19 11 333 (c) 18 Other Loans 1 1 3 17 2 2 3 16 Total 32 $ 334 66 $ 683 (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 Six Months Ended Number of Aggregated Outstanding Balances Upon Default (millions) (a) Number of Aggregated Outstanding Balances Upon Default (millions) (a) Troubled Debt Restructurings That Subsequently Defaulted: Card Member Loans 4 $ 23 $ 8 $ 52 Card Member Receivables 1 10 2 20 Other Loans — — — — Total 5 $ 33 10 $ 72 (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)	6 Months Ended
	Jun. 30, 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) June 30, 2023 December 31, 2022 June 30, 2023 December 31, 2022 Second quarter of 2023 3% 3% - 7% 2% 5% - (7)% Fourth quarter of 2023 3% - 6% 3% - 8% 4% - (3)% 6% - 0.2% Fourth quarter of 2024 3% - 8% 3% - 7% 2% - 1% 3% - 2% Fourth quarter of 2025 4% - 6% 3% - 6% 3% - 2% 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 and six months ended June 30: Three Months Ended June 30, Six Months Ended June 30, (Millions) 2023 2022 2023 2022 Beginning Balance $ 4,053 $ 2,981 $ 3,747 $ 3,305 Provisions (a) 923 272 1,709 161 Net write-offs (b) Principal (490) (192) (887) (357) Interest and fees (107) (55) (196) (105) Other (c) 11 (9) 17 (7) Ending Balance $ 4,390 $ 2,997 $ 4,390 $ 2,997 (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 $130 million and $138 million for the three months ended June 30, 2023 and 2022, respectively, and $258 million and $283 million for the six months ended June 30, 2023 and 2022, respectively. Recoveries of interest and fees were not significant. (c) Primarily includes foreign currency translation adjustments of $12 million and $(8) million for the three months ended June 30, 2023 and 2022, respectively, and $18 million and $(6) million for the six months ended June 30, 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 and six months ended June 30: Three Months Ended June 30, Six Months Ended June 30, (Millions) 2023 2022 2023 2022 Beginning Balance $ 223 $ 76 $ 229 $ 64 Provisions (a) 230 138 452 218 Net write-offs (b) (243) (95) (473) (162) Other (c) — — 2 (1) Ending Balance $ 210 $ 119 $ 210 $ 119 (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 $76 million and $67 million for the three months ended June 30, 2023 and 2022, respectively, and $145 million and $134 million for the six months ended June 30, 2023 and 2022, respectively. (c) Primarily includes foreign currency translation adjustments.

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 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 June 30, 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 $ — $ (9) $ 54 $ 64 $ — $ (10) $ 54 U.S. Government agency obligations 4 — — 4 5 — — 5 U.S. Government treasury obligations 3,205 — (48) 3,157 3,859 — (73) 3,786 Mortgage-backed securities (a) 13 — (1) 12 13 — — 13 Foreign government bonds and obligations 754 — — 754 633 — (1) 632 Other (b) 64 — — 64 47 — — 47 Equity securities (c) 50 — (8) 42 50 — (9) 41 Total $ 4,153 $ — $ (66) $ 4,087 $ 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 June 30, 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 $ — $ — $ 30 $ (9) $ 52 $ (10) $ — $ — U.S. Government treasury obligations 1,009 (19) 2,138 (29) 3,710 (72) 52 (1) Mortgage-backed securities — — 4 (1) — — — — Foreign government bonds and obligations — — — — 549 (1) — — Total $ 1,009 $ (19) $ 2,172 $ (39) $ 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 June 30, 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% 24 $ 1,009 $ (19) 23 $ 2,147 $ (30) 47 $ 3,156 $ (49) Less than 90% — $ — $ — 14 $ 25 $ (9) 14 $ 25 $ (9) Total as of June 30, 2023 24 $ 1,009 $ (19) 37 $ 2,172 $ (39) 61 $ 3,181 $ (58) 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 June 30, 2023 were as follows: (Millions) Cost Estimated Due within 1 year $ 3,792 $ 3,751 Due after 1 year but within 5 years 212 204 Due after 5 years but within 10 years 41 41 Due after 10 years 58 49 Total $ 4,103 $ 4,045

Customer Deposits (Tables)

Customer Deposits (Tables)	6 Months Ended
	Jun. 30, 2023
Deposits [Abstract]
Customer deposits by component and type	As of June 30, 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 $ 121,758 $ 109,119 Non-interest-bearing (includes Card Member credit balances of: 2023, $464; 2022, $605) 514 663 Non-U.S.: Interest-bearing 14 15 Non-interest-bearing (includes Card Member credit balances of: 2023, $467; 2022, $439) 470 442 Total customer deposits $ 122,756 $ 110,239 Customer deposits by deposit type as of June 30, 2023 and December 31, 2022 were as follows: (Millions) 2023 2022 Savings and transaction accounts $ 85,932 $ 76,731 Certificates of deposit: Direct 4,595 2,765 Third-party (brokered) 15,061 13,331 Sweep accounts – Third-party (brokered) 16,175 16,297 Other deposits 62 71 Card Member credit balances 931 1,044 Total customer deposits $ 122,756 $ 110,239
Time deposits by maturity	The scheduled maturities of certificates of deposit as of June 30, 2023 were as follows: (Millions) 2023 2024 2025 2026 2027 After 5 Years Total Certificates of deposit $ 4,115 $ 9,787 $ 3,777 $ 651 $ 781 $ 545 $ 19,656
Time deposits at or above FDIC insurance limit	As of June 30, 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. $ 1,551 $ 998 Non-U.S. — 1 Total $ 1,551 $ 999

Derivatives and Hedging Activ_2

Derivatives and Hedging Activities (Tables)	6 Months Ended
	Jun. 30, 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 June 30, 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) $ — $ — $ 176 $ 211 Net investment hedges - Foreign exchange contracts 55 350 420 251 Total derivatives designated as hedging instruments 55 350 596 462 Derivatives not designated as hedging instruments: Foreign exchange contracts and other 150 171 232 339 Total derivatives, gross 205 521 828 801 Derivative asset and derivative liability netting (b) (118) (257) (118) (257) Cash collateral netting (c) (2) (11) (187) (212) Total derivatives, net $ 85 $ 253 $ 523 $ 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 and six months ended June 30: Gains (losses) Three Months Ended Six Months Ended (Millions) 2023 2022 2023 2022 Fixed-rate long-term debt $ 15 $ 106 $ (38) $ 364 Derivatives designated as hedging instruments (16) (106) 37 (367) Total $ (1) $ — $ (1) $ (3)

Fair Values (Tables)

Fair Values (Tables)	6 Months Ended
	Jun. 30, 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 June 30, 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 $ 42 $ — $ — $ 41 $ 40 $ 1 $ — Debt securities 4,045 — 3,981 64 4,537 — 4,490 47 Derivatives, gross (a)(b) 205 — 178 27 521 — 494 27 Total Assets 4,292 42 4,159 91 5,099 40 4,985 74 Liabilities: Derivatives, gross (a) 828 — 828 — 801 — 801 — Total Liabilities $ 828 $ — $ 828 $ — $ 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 June 30, 2023 and December 31, 2022. The fair values of these financial instruments are estimates based upon the market conditions and perceived risks as of June 30, 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) $ 43 $ 43 $ 41 $ 2 $ — Other financial assets (b) 61 61 — 61 — Financial assets carried at other than fair value Card Member and Other loans, less reserves (c) 116 120 — — 120 Financial Liabilities: Financial liabilities for which carrying values equal or approximate fair value 129 129 — 129 — Financial liabilities carried at other than fair value Certificates of deposit (d) 20 19 — 19 — Long-term debt (c) $ 47 $ 46 $ — $ 46 $ — 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 $5.0 billion and $5.2 billion held by a consolidated VIE as of June 30, 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 $27.4 billion and $28.4 billion as of June 30, 2023 and December 31, 2022, respectively, and the fair values of Long-term debt were $14.4 billion and $12.3 billion as of June 30, 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)	6 Months Ended
	Jun. 30, 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 and six months ended June 30, 2023 and 2022 were as follows: Three Months Ended June 30, 2023 (Millions), net of tax Net Unrealized Foreign Currency Translation Adjustment Gains (Losses), net of hedges (a) Net Unrealized Accumulated Other Balances as of March 31, 2023 $ (45) $ (2,594) $ (467) $ (3,106) Net change 1 25 (4) 22 Balances as of June 30, 2023 $ (44) $ (2,569) $ (471) $ (3,084) Six Months Ended June 30, 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 20 53 53 126 Balances as of June 30, 2023 $ (44) $ (2,569) $ (471) $ (3,084) Three Months Ended June 30, 2022 (Millions), net of tax Net Unrealized Gains (Losses) on Debt Securities Foreign Currency Translation Adjustment Gains (Losses), net of hedges (a) Net Unrealized Accumulated Other Comprehensive Income (Loss) Balances as of March 31, 2022 $ (5) $ (2,412) $ (556) $ (2,973) Net change (25) (157) 12 (170) Balances as of June 30, 2022 $ (30) $ (2,569) $ (544) $ (3,143) Six Months Ended June 30, 2022 (Millions), net of tax Net Unrealized Gains (Losses) on Debt Securities Foreign Currency Translation Adjustment Gains (Losses), net of hedges (a) Net Unrealized Accumulated Other Comprehensive Income (Loss) Balances as of December 31, 2021 $ 23 $ (2,392) $ (576) $ (2,945) Net change (53) (177) 32 (198) Balances as of June 30, 2022 $ (30) $ (2,569) $ (544) $ (3,143) (a) Refer to Note 8 for additional information on hedging activity.
AOCI income tax effect	The following table shows the tax impact for the three and six months ended June 30 for the changes in each component of AOCI presented above: Tax expense (benefit) Three Months Ended Six Months Ended (Millions) 2023 2022 2023 2022 Net unrealized gains (losses) on debt securities $ — $ (7) $ 6 $ (16) Foreign currency translation adjustment, net of hedges (53) 92 (98) 62 Pension and other postretirement benefits (5) 10 — 17 Total tax impact $ (58) $ 95 $ (92) $ 63

Service Fees and Other Revenu_2

Service Fees and Other Revenue and Other Expenses (Tables)	6 Months Ended
	Jun. 30, 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 and six months ended June 30: Three Months Ended Six Months Ended (Millions) 2023 2022 2023 2022 Service fees $ 373 $ 370 $ 739 $ 719 Foreign currency-related revenue 359 304 697 529 Delinquency fees 239 193 472 372 Travel commissions and fees 158 131 293 219 Other fees and revenues 103 267 249 332 Total Service fees and other revenue $ 1,232 $ 1,265 $ 2,450 $ 2,171
Other net expense	The following is a detail of Other expenses for the three and six months ended June 30: Three Months Ended Six Months Ended (Millions) 2023 2022 2023 2022 Data processing and equipment $ 677 $ 623 $ 1,337 $ 1,223 Professional services 467 501 907 973 Net unrealized and realized losses on Amex Ventures investments (a) 11 10 106 21 Other 391 317 758 632 Total Other expenses $ 1,546 $ 1,451 $ 3,108 $ 2,849 (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)	6 Months Ended
	Jun. 30, 2023
Earnings Per Share [Abstract]
Computation of basic and diluted EPS	The computations of basic and diluted EPS for the three and six months ended June 30 were as follows: Three Months Ended Six Months Ended (Millions, except per share amounts) 2023 2022 2023 2022 Numerator: Basic and diluted: Net income $ 2,174 $ 1,964 $ 3,990 $ 4,063 Preferred dividends (15) (15) (29) (29) Net income available to common shareholders $ 2,159 $ 1,949 $ 3,961 $ 4,034 Earnings allocated to participating share awards (a) (17) (15) (31) (31) Net income attributable to common shareholders $ 2,142 $ 1,934 $ 3,930 $ 4,003 Denominator: (a) Basic: Weighted-average common stock 740 752 741 755 Add: Weighted-average stock options (b) 1 1 1 1 Diluted 741 753 742 756 Basic EPS $ 2.89 $ 2.57 $ 5.30 $ 5.30 Diluted EPS $ 2.89 $ 2.57 $ 5.29 $ 5.30 (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 1.4 million and 0.25 million of options for the three months ended June 30, 2023 and 2022, respectively, and 1.4 million and 0.21 million of options for the six months ended June 30, 2023 and 2022, respectively, because inclusion of the options would have been anti-dilutive.

Reportable Operating Segments (

Reportable Operating Segments (Tables)	6 Months Ended
	Jun. 30, 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 June 30, 2023 (Millions, except where indicated) USCS CS ICS GMNS Corporate & Other (a) Consolidated Total non-interest revenues $ 4,643 $ 3,301 $ 2,349 $ 1,675 $ (19) $ 11,949 Revenue from contracts with customers (b) 3,479 2,910 1,528 1,523 (7) 9,433 Interest income 2,934 792 497 14 538 4,775 Interest expense 647 364 261 (174) 572 1,670 Total revenues net of interest expense 6,930 3,729 2,585 1,863 (53) 15,054 Pretax income (loss) $ 1,250 $ 713 $ 253 $ 963 $ (445) $ 2,734 Total assets (billions) $ 95 $ 54 $ 38 $ 17 $ 41 $ 245 For the Six Months Ended June 30, 2023 (Millions) USCS CS ICS GMNS Corporate & Other (a) Consolidated Total non-interest revenues $ 9,002 $ 6,408 $ 4,616 $ 3,271 $ (50) $ 23,247 Revenue from contracts with customers (b) 6,718 5,641 2,969 2,971 (20) 18,279 Interest income 5,709 1,498 964 28 992 9,191 Interest expense 1,198 685 485 (305) 1,040 3,103 Total revenues net of interest expense 13,513 7,221 5,095 3,604 (98) 29,335 Pretax income (loss) $ 2,380 $ 1,343 $ 442 $ 1,848 $ (1,112) $ 4,901 As of or for the Three Months Ended June 30, 2022 (Millions, except where indicated) USCS CS ICS GMNS Corporate & Other (a) Consolidated Total non-interest revenues $ 4,154 $ 3,122 $ 2,140 $ 1,568 $ 51 $ 11,035 Revenue from contracts with customers (b) 3,197 2,791 1,326 1,434 23 8,771 Interest income 1,893 468 347 5 86 2,799 Interest expense 136 121 144 (61) 99 439 Total revenues net of interest expense 5,911 3,469 2,343 1,634 38 13,395 Pretax income (loss) $ 1,273 $ 778 $ 183 $ 802 $ (493) $ 2,543 Total assets (billions) $ 82 $ 49 $ 34 $ 16 $ 24 $ 205 For the Six Months Ended June 30, 2022 (Millions) USCS CS ICS GMNS Corporate & Other (a) Consolidated Total non-interest revenues $ 7,791 $ 5,841 $ 3,999 $ 2,940 $ — $ 20,571 Revenue from contracts with customers (b) 5,939 5,212 2,525 2,708 27 16,411 Interest income 3,629 883 671 7 129 5,319 Interest expense 239 208 267 (105) 151 760 Total revenues net of interest expense 11,181 6,516 4,403 3,052 (22) 25,130 Pretax income (loss) $ 2,805 $ 1,559 $ 427 $ 1,471 $ (1,007) $ 5,255 (a) Corporate & Other includes adjustments and eliminations for intersegment activity. (b) Includes discount revenue, certain service fees and other revenue and processed revenues from customers.

Loans and Card Member Receiva_3

Loans and Card Member Receivables (Details) - USD ($) $ in Millions	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021
Card Member Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	$ 114,602		$ 107,964
Less: Reserves for credit losses	4,390	$ 4,053	3,747	$ 2,997	$ 2,981	$ 3,305
Financing receivables, net	110,212		104,217
Card Member Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	88,905		84,964
Card Member Loans | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	25,638		22,947
Card Member Loans | Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	59		53
Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Less: Reserves for credit losses	98		59
Financing receivables, net	6,235		5,357
Card Member Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	58,221		57,613
Less: Reserves for credit losses	210	$ 223	229	$ 119	$ 76	$ 64
Financing receivables, net	58,011		57,384
Card Member Receivables | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	22,476		22,885
Card Member Receivables | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	19,543		19,629
Card Member Receivables | Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	16,202		15,099
Variable Interest Entity, Primary Beneficiary | Card Member Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	27,400		28,461
Variable Interest Entity, Primary Beneficiary | Card Member Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	27,400		28,500
Variable Interest Entity, Primary Beneficiary | Card Member Receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	5,049		5,193
Variable Interest Entity, Primary Beneficiary | Card Member Receivables | Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	$ 5,000		$ 5,200

Loans and Card Member Receiva_4

Loans and Card Member Receivables - Aging (Details 1) - USD ($) $ in Millions	Jun. 30, 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	$ 114,602	107,964
Card Member Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	88,905	84,964
90+ days past due and still accruing interest	333	252
Non-accruals	235	155
Card Member Loans | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	25,638	22,947
90+ days past due and still accruing interest	89	54
Non-accruals	66	34
Card Member Loans | Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	59	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	58,221	57,613
Card Member Receivables | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	22,476	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	19,543	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	16,202	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	87,914	84,102
Current | Card Member Loans | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	25,323	22,731
Current | Card Member Receivables | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	22,258	22,634
Current | Card Member Receivables | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	19,247	19,330
30 to 59 Days Past Due | Card Member Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	309	281
30 to 59 Days Past Due | Card Member Loans | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	112	81
30 to 59 Days Past Due | Card Member Receivables | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	71	83
30 to 59 Days Past Due | Card Member Receivables | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	109	120
60 to 89 Days Past Due | Card Member Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	216	198
60 to 89 Days Past Due | Card Member Loans | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	74	49
60 to 89 Days Past Due | Card Member Receivables | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	46	56
60 to 89 Days Past Due | Card Member Receivables | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	64	69
90+ Days Past Due | Card Member Loans | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	466	383
90+ Days Past Due | Card Member Loans | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	129	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	101	112
90+ Days Past Due | Card Member Receivables | Small Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	123	110
90+ Days Past Due | Card Member Receivables | Corporate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross	$ 82	$ 85

Loans and Card Member Receiva_5

Loans and Card Member Receivables - Credit Quality (Details 2)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Credit Quality Indicator for Loans and Receivables
90+ Days Past Billing as a % of total	0.50%	0.40%
Card Member Loans | Consumer
Credit Quality Indicator for Loans and Receivables
30+ Days Past Due as a % of Total	1.10%	0.70%
Card Member Loans | Small Business
Credit Quality Indicator for Loans and Receivables
30+ Days Past Due as a % of Total	1.20%	0.60%
Card Member Loans | Net Write-Off Rate - Principal Only | Consumer
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate	1.70%	0.80%
Card Member Loans | Net Write-Off Rate - Principal Only | Small Business
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate	1.40%	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	2.10%	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	1.60%	0.70%
Card Member Receivables | Consumer
Credit Quality Indicator for Loans and Receivables
30+ Days Past Due as a % of Total	1%	0.80%
Card Member Receivables | Small Business
Credit Quality Indicator for Loans and Receivables
30+ Days Past Due as a % of Total	1.50%	0.90%
Card Member Receivables | Net Write-Off Rate - Principal Only | Consumer
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate	1.60%	0.60%
Card Member Receivables | Net Write-Off Rate - Principal Only | Small Business
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate	2.20%	0.80%
Card Member Receivables | Net Write-Off Rate Principal Interest, and Fees | Consumer
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate	1.70%	0.60%
Card Member Receivables | Net Write-Off Rate Principal Interest, and Fees | Small Business
Credit Quality Indicator for Loans and Receivables
Net Write-Off Rate	2.40%	0.90%
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%	0.30%

Loans and Card Member Receiva_6

Loans and Card Member Receivables - Modifications (Details 3) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2023 USD ($)	Jun. 30, 2023 USD ($)
Financing Receivable, Troubled Debt Restructuring [Line Items]
Maximum payment term extension		60 months
Unused credit available	$ 29	$ 29
Account Balances	826	1,513
Card Member Loans | Interest Rate Reduction | Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	$ 348	$ 642
% of Total Class of Financing Receivables	0.40%	0.70%
Weighted Average Interest Rate Reduction (% points)	15.90%	15.70%
Card Member Loans | Interest Rate Reduction | Small Business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	$ 149	$ 277
% of Total Class of Financing Receivables	0.60%	1.10%
Weighted Average Interest Rate Reduction (% points)	15.50%	15.40%
Card Member Loans | Interest Rate Reduction | Corporate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	$ 0	$ 0
% of Total Class of Financing Receivables	0%	0%
Weighted Average Interest Rate Reduction (% points)	0%	0%
Card Member Receivables | Term Extension | Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	$ 108	$ 200
% of Total Class of Financing Receivables	0.50%	0.90%
Weighted Average Payment Term Extensions (# of months)	27 months	25 months
Card Member Receivables | Term Extension | Small Business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	$ 194	$ 352
% of Total Class of Financing Receivables	1%	1.80%
Weighted Average Payment Term Extensions (# of months)	28 months	26 months
Card Member Receivables | Term Extension | Corporate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	$ 10	$ 15
% of Total Class of Financing Receivables	0.10%	0.10%
Weighted Average Payment Term Extensions (# of months)	10 months	10 months
Other Loans | Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	$ 9	$ 14
% of Total Class of Financing Receivables	0.10%	0.20%
Weighted Average Interest Rate Reduction (% points)	0%	0%
Weighted Average Payment Term Extensions (# of months)	17 months	17 months
Other Loans | Interest Rate Reduction and Term Extension
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	$ 8	$ 13
% of Total Class of Financing Receivables	0.10%	0.20%
Weighted Average Interest Rate Reduction (% points)	2%	2%
Weighted Average Payment Term Extensions (# of months)	19 months	19 months

Loans and Card Member Receiva_7

Loans and Card Member Receivables - Performance (Details 4) - USD ($) $ in Millions	Jun. 30, 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	$ 1,328
30-89 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	147
90+ Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	38
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	579
Card Member Loans | Current | Small Business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	236
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	47
Card Member Loans | 30-89 Days Past Due | Small Business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	33
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	16
Card Member Loans | 90+ Days Past Due | Small Business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	8
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	182
Card Member Receivables | Current | Small Business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	293
Card Member Receivables | Current | Corporate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	13
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	50
Card Member Receivables | 30-89 Days Past Due | Corporate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	1
Card Member Receivables | 90+ Days Past Due | Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	4
Card Member Receivables | 90+ Days Past Due | Small Business
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	9
Card Member Receivables | 90+ Days Past Due | Corporate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	1
Other Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances		$ 19
Other Loans | Current
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	25
Other Loans | 30-89 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Account Balances	2
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 5) - USD ($) $ in Millions	Jun. 30, 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	$ 333	252
Non-accrual loans	235	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	89	54
Non-accrual loans	66	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, Prior to Adoption (Details 6) account in Thousands, $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2022 USD ($) account	Jun. 30, 2022 USD ($) account
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	32	66
Account Balances | $	$ 334	$ 683
Card Member Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	26	53
Account Balances | $	$ 171	$ 348
Average Interest Rate Reduction (as a percent)	14%	14%
Card Member Receivables
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	5	11
Account Balances | $	$ 162	$ 333
Average Payment Term Extension (in months)	19 months	18 months
Other Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	1	2
Account Balances | $	$ 1	$ 2
Average Interest Rate Reduction (as a percent)	3%	3%
Average Payment Term Extension (in months)	17 months	16 months

Loans and Card Member Receiv_10

Loans and Card Member Receivables - TDR Subsequently Defaulted (Details 7) account in Thousands, $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2022 USD ($) account	Jun. 30, 2022 USD ($) account
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	5	10
Aggregated Outstanding Balances Upon Default | $	$ 33	$ 72
Card Member Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	4	8
Aggregated Outstanding Balances Upon Default | $	$ 23	$ 52
Card Member Receivables
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	1	2
Aggregated Outstanding Balances Upon Default | $	$ 10	$ 20
Other Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Accounts | account	0	0
Aggregated Outstanding Balances Upon Default | $	$ 0	$ 0

Reserves for Credit Losses (Det

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

Reserves for Credit Losses (D_2

Reserves for Credit Losses (Details 1) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Reserve for Losses [Roll Forward]
Provisions for credit losses	$ 1,198	$ 410	$ 2,253	$ 377
Card Member Loans
Reserve for Losses [Roll Forward]
Beginning Balance	4,053	2,981	3,747	3,305
Provisions for credit losses	923	272	1,709	161
Other	11	(9)	17	(7)
Ending Balance	4,390	2,997	4,390	2,997
Foreign currency translation adjustments	12	(8)	18	(6)
Card Member Loans | Principal
Reserve for Losses [Roll Forward]
Net write-offs	(490)	(192)	(887)	(357)
Recoveries	130	138	258	283
Card Member Loans | Interest and fees
Reserve for Losses [Roll Forward]
Net write-offs	$ (107)	$ (55)	$ (196)	$ (105)

Reserves for Credit Losses (D_3

Reserves for Credit Losses (Details 2) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Reserve for Losses [Roll Forward]
Provisions for credit losses	$ 1,198	$ 410	$ 2,253	$ 377
Card Member Receivables
Reserve for Losses [Roll Forward]
Beginning Balance	223	76	229	64
Provisions for credit losses	230	138	452	218
Net write-offs	(243)	(95)	(473)	(162)
Other	0	0	2	(1)
Ending Balance	210	119	210	119
Recoveries	$ 76	$ 67	$ 145	$ 134

Investment Securities (Details)

Investment Securities (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Debt Securities, Available-for-Sale [Line Items]
Accrued interest available-for-sale debt securities	$ 5	$ 12
Debt securities
Cost	4,103
Estimated Fair Value	4,045
Equity securities
Cost	50	50
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(8)	(9)
Estimated Fair Value	42	41
Total Cost	4,153	4,671
Total Gross Unrealized Gains	0	0
Total Gross Unrealized Losses	(66)	(93)
Total Estimated Fair Value	4,087	4,578
State and municipal obligations
Debt securities
Cost	63	64
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(9)	(10)
Estimated Fair Value	54	54
U.S. Government agency obligations
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
Debt securities
Cost	3,205	3,859
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(48)	(73)
Estimated Fair Value	3,157	3,786
Mortgage-backed securities
Debt securities
Cost	13	13
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(1)	0
Estimated Fair Value	12	13
Foreign government bonds and obligations
Debt securities
Cost	754	633
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	(1)
Estimated Fair Value	754	632
Other
Debt securities
Cost	64	47
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Estimated Fair Value	$ 64	$ 47

Investment Securities (Details

Investment Securities (Details 1) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Debt Securities, Available-for-Sale [Line Items]
Estimated fair value, less than 12 months	$ 1,009	$ 4,311
Gross unrealized losses, less than 12 months	(19)	(83)
Estimated fair value, 12 months or more	2,172	52
Gross unrealized losses, more than 12 months	(39)	(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	30	0
Gross unrealized losses, more than 12 months	(9)	0
U.S. Government treasury obligations
Debt Securities, Available-for-Sale [Line Items]
Estimated fair value, less than 12 months	1,009	3,710
Gross unrealized losses, less than 12 months	(19)	(72)
Estimated fair value, 12 months or more	2,138	52
Gross unrealized losses, more than 12 months	(29)	(1)
Mortgage-backed securities
Debt Securities, Available-for-Sale [Line Items]
Estimated fair value, less than 12 months	0	0
Gross unrealized losses, less than 12 months	0	0
Estimated fair value, 12 months or more	4	0
Gross unrealized losses, more than 12 months	(1)	0
Foreign government bonds and obligations
Debt Securities, Available-for-Sale [Line Items]
Estimated fair value, less than 12 months	0	549
Gross unrealized losses, less than 12 months	0	(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	Jun. 30, 2023 USD ($) security	Dec. 31, 2022 USD ($) security
Debt Securities, Available-for-Sale [Line Items]
Number of securities, less than 12 months | security	24	88
Estimated fair value, less than 12 months	$ 1,009	$ 4,311
Gross unrealized losses, less than 12 months	$ (19)	$ (83)
Number of securities, 12 months or more | security	37	3
Estimated fair value, 12 months or more	$ 2,172	$ 52
Gross unrealized losses, more than 12 months	$ (39)	$ (1)
Number of securities, total | security	61	91
Estimated fair value, total	$ 3,181	$ 4,363
Gross unrealized losses, total	$ (58)	$ (84)
90–100%
Debt Securities, Available-for-Sale [Line Items]
Number of securities, less than 12 months | security	24	74
Estimated fair value, less than 12 months	$ 1,009	$ 4,287
Gross unrealized losses, less than 12 months	$ (19)	$ (74)
Number of securities, 12 months or more | security	23	3
Estimated fair value, 12 months or more	$ 2,147	$ 52
Gross unrealized losses, more than 12 months	$ (30)	$ (1)
Number of securities, total | security	47	77
Estimated fair value, total	$ 3,156	$ 4,339
Gross unrealized losses, total	$ (49)	$ (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	14	0
Estimated fair value, 12 months or more	$ 25	$ 0
Gross unrealized losses, more than 12 months	$ (9)	$ 0
Number of securities, total | security	14	14
Estimated fair value, total	$ 25	$ 24
Gross unrealized losses, total	$ (9)	$ (9)

Investment Securities (Detail_3

Investment Securities (Details 3) $ in Millions	Jun. 30, 2023 USD ($)
Cost
Due within 1 year	$ 3,792
Due after 1 year but within 5 years	212
Due after 5 years but within 10 years	41
Due after 10 years	58
Total	4,103
Estimated Fair Value
Due within 1 year	3,751
Due after 1 year but within 5 years	204
Due after 5 years but within 10 years	41
Due after 10 years	49
Total	$ 4,045

Asset Securitizations (Details)

Asset Securitizations (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022	Dec. 31, 2021
Assets from Trusts [Line Items]
Restricted balances included in Cash and cash equivalents	$ 1,231,000,000	$ 544,000,000	$ 1,086,000,000	$ 525,000,000
American Express Lending Trust
Assets from Trusts [Line Items]
Direct and Indirect ownership of variable interests	14,800,000,000	16,000,000,000
Restricted balances included in Cash and cash equivalents	668,000,000	59,000,000
American Express Charge Trust
Assets from Trusts [Line Items]
Direct and Indirect ownership of variable interests	3,100,000,000	5,200,000,000
Restricted balances included in Cash and cash equivalents	$ 0	$ 0

Customer Deposits (Details)

Customer Deposits (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
U.S.:
Interest-bearing	$ 121,758	$ 109,119
Non-interest-bearing (includes Card Member credit balances of: 2023, $464; 2022, $605)	514	663
Non-U.S.:
Interest-bearing	14	15
Non-interest-bearing (includes Card Member credit balances of: 2023, $467; 2022, $439)	470	442
Total customer deposits	122,756	110,239
Card Member Credit Balances
U.S.:
Non-interest-bearing (includes Card Member credit balances of: 2023, $464; 2022, $605)	464	605
Non-U.S.:
Non-interest-bearing (includes Card Member credit balances of: 2023, $467; 2022, $439)	$ 467	$ 439

Customer Deposits (Details 1)

Customer Deposits (Details 1) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Deposits, by Type
Savings and transaction accounts	$ 85,932	$ 76,731
Certificates of deposit:
Direct	4,595	2,765
Third-party (brokered)	15,061	13,331
Sweep accounts – Third-party (brokered)	16,175	16,297
Other deposits	62	71
Card Member credit balances	931	1,044
Total customer deposits	$ 122,756	$ 110,239

Customer Deposits (Details 2)

Customer Deposits (Details 2) $ in Millions	Jun. 30, 2023 USD ($)
Time Deposits By Maturity
2023	$ 4,115
2024	9,787
2025	3,777
2026	651
2027	781
After 5 Years	545
Certificates of deposit	$ 19,656

Customer Deposits (Details 3)

Customer Deposits (Details 3) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Time Deposits at or above FDIC Insurance Limit [Line Items]
Time Deposits at or above FDIC insurance limit	$ 1,551	$ 999
U.S.
Time Deposits at or above FDIC Insurance Limit [Line Items]
Time Deposits at or above FDIC insurance limit	1,551	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)	1 Months Ended
	Jul. 31, 2023 USD ($)	Jun. 30, 2023 USD ($)	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		$ 310,000,000
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
OCC Review, Historical Sales Practices | Subsequent Event
Loss Contingencies [Line Items]
Amount awarded to other party	$ 15,000,000

Derivatives and Hedging Activ_3

Derivatives and Hedging Activities (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Derivatives, Fair Value [Line Items]
Derivatives, gross	$ 205	$ 521
Derivatives, gross	828	801
Derivative asset and derivative liability netting, assets	(118)	(257)
Derivative asset and derivative liability netting, liabilities	(118)	(257)
Cash collateral netting, assets	(2)	(11)
Cash collateral netting, liabilities	(187)	(212)
Total derivatives assets, net	85	253
Total derivatives liabilities, net	523	332
Other Assets | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	55	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	55	350
Other Assets | Foreign Exchange Contract | Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	150	171
Other Liabilities | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	596	462
Other Liabilities | Interest Rate Contract | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	176	211
Other Liabilities | Foreign Exchange Contract | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	420	251
Other Liabilities | Foreign Exchange Contract | Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivatives, gross	$ 232	$ 339

Derivatives and Hedging Activ_4

Derivatives and Hedging Activities (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Derivative [Line Items]
Margin on interest rate swaps	$ 7		$ 7		$ 8
Carrying values of hedged liabilities	4,400		4,400		7,800
Cumulative amount of fair value hedging adjustment	(198)		(198)		(236)
Net increase (decrease) in interest expense on long term debt and other	44	$ (34)	83	$ (91)
Fair Value Hedging | Fixed-Rate Debt Obligations
Derivative [Line Items]
Fixed-rate debt obligations designated in fair value hedging relationships	4,600		4,600		8,100
Net Investment Hedges
Derivative [Line Items]
Notional amount of derivatives	12,700		12,700		12,500
Gain (loss) on net investment hedges, net of taxes	(307)	293	(505)	208
Reclassifications out of AOCI	0	0	0	0
Foreign Exchange Contract | Not Designated as Hedging Instrument
Derivative [Line Items]
Notional amount of derivatives	23,200		23,200		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	25	(1)	30	(13)
Equity Linked Embedded Derivative | Not Designated as Hedging Instrument
Derivative [Line Items]
Notional amount of derivatives	78		78		$ 78
Equity Linked Embedded Derivative | Noninterest Income | Not Designated as Hedging Instrument
Derivative [Line Items]
Gain (loss) on embedded derivative	$ 4	$ (4)	$ 0	$ (4)

Derivatives and Hedging Activ_5

Derivatives and Hedging Activities (Details 1) - Interest Expense - Interest Rate Contract - Fair Value Hedging - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Fixed-rate long-term debt	$ 15	$ 106	$ (38)	$ 364
Derivatives designated as hedging instruments	(16)	(106)	37	(367)
Total	$ (1)	$ 0	$ (1)	$ (3)

Fair Values (Details)

Fair Values (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Investment securities:
Equity securities	$ 42	$ 41
Debt securities	4,045
Derivatives, gross	205	521
Liabilities
Derivatives, gross	828	801
Fair Value, Recurring
Investment securities:
Equity securities	42	41
Debt securities	4,045	4,537
Derivatives, gross	205	521
Total Assets	4,292	5,099
Liabilities
Derivatives, gross	828	801
Total Liabilities	828	801
Level 1 | Fair Value, Recurring
Investment securities:
Equity securities	42	40
Debt securities	0	0
Derivatives, gross	0	0
Total Assets	42	40
Liabilities
Derivatives, gross	0	0
Total Liabilities	0	0
Level 2 | Fair Value, Recurring
Investment securities:
Equity securities	0	1
Debt securities	3,981	4,490
Derivatives, gross	178	494
Total Assets	4,159	4,985
Liabilities
Derivatives, gross	828	801
Total Liabilities	828	801
Level 3 | Fair Value, Recurring
Investment securities:
Equity securities	0	0
Debt securities	64	47
Derivatives, gross	27	27
Total Assets	91	74
Liabilities
Derivatives, gross	0	0
Total Liabilities	$ 0	$ 0

Fair Values (Details 2)

Fair Values (Details 2) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Card Member Receivables
Fair Values (Textuals)
Financing receivables, gross	$ 58,221	$ 57,613
Card Member Loans
Fair Values (Textuals)
Financing receivables, gross	114,602	107,964
Variable Interest Entity, Primary Beneficiary | Card Member Receivables
Fair Values (Textuals)
Financing receivables, gross	5,049	5,193
Variable Interest Entity, Primary Beneficiary | Card Member Loans
Fair Values (Textuals)
Financing receivables, gross	27,400	28,461
Carrying Value
Financial assets for which carrying values equal or approximate fair value
Cash and cash equivalents	43,000	34,000
Other financial assets	61,000	60,000
Financial assets carried at other than fair value
Card Member and Other loans, less reserves	116,000	110,000
Financial Liabilities:
Financial liabilities for which carrying values equal or approximate fair value	129,000	123,000
Financial liabilities carried at other than fair value
Certificates of deposit	20,000	16,000
Long-term debt	47,000	43,000
Fair Values (Textuals)
Long-term debt	47,000	43,000
Corresponding Fair Value Amount
Financial assets for which carrying values equal or approximate fair value
Cash and cash equivalents	43,000	34,000
Other financial assets	61,000	60,000
Financial Liabilities:
Financial liabilities for which carrying values equal or approximate fair value	129,000	123,000
Corresponding Fair Value Amount | Variable Interest Entity, Primary Beneficiary | Card Member Receivables
Fair Values (Textuals)
Financing receivables, gross	5,000	5,200
Corresponding Fair Value Amount | Level 1
Financial assets for which carrying values equal or approximate fair value
Cash and cash equivalents	41,000	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	61,000	60,000
Financial Liabilities:
Financial liabilities for which carrying values equal or approximate fair value	129,000	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	120,000	113,000
Financial liabilities carried at other than fair value
Certificates of deposit	19,000	16,000
Long-term debt	46,000	42,000
Fair Values (Textuals)
Long-term debt	46,000	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	14,400	12,300
Fair Values (Textuals)
Long-term debt	14,400	12,300
Portion at Other than Fair Value Measurement | Variable Interest Entity, Primary Beneficiary | Card Member Loans
Fair Values (Textuals)
Financing receivables, gross	27,400	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	19,000	16,000
Long-term debt	46,000	42,000
Fair Values (Textuals)
Long-term debt	46,000	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	120,000	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		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 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		$ 900,000,000		$ 1,000,000,000
Net upward adjustments of equity securities without readily determinable fair values	0	$ 76,000,000	0	$ 88,000,000
Net downward adjustments of equity securities without readily determinable fair values	10,000,000	$ 84,000,000	105,000,000	$ 102,000,000
Cumulative net unrealized gains for equity investments without readily determinable fair values	1,200,000,000		1,200,000,000		1,200,000,000
Cumulative net unrealized losses for equity investments without readily determinable fair values	504,000,000		504,000,000		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	$ 0		$ 0		$ 600,000,000

Guarantees (Details)

Guarantees (Details) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Guarantees [Abstract]
Maximum potential amount of undiscounted future payments	$ 1,000	$ 1,000
Amount of related liability	$ 24	$ 21

Changes in Accumulated Other _3

Changes in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	$ 25,992	$ 22,383	$ 24,711	$ 22,177
Net change	22	(170)	126	(198)
Ending Balance	26,703	23,235	26,703	23,235
Tax impact for the changes in each component of accumulated other comprehensive (loss) income
Total tax impact	(58)	95	(92)	63
Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(3,106)	(2,973)	(3,210)	(2,945)
Net change	22	(170)	126	(198)
Ending Balance	(3,084)	(3,143)	(3,084)	(3,143)
Net Unrealized Gains (Losses) on Debt Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(45)	(5)	(64)	23
Net change	1	(25)	20	(53)
Ending Balance	(44)	(30)	(44)	(30)
Tax impact for the changes in each component of accumulated other comprehensive (loss) income
Total tax impact	0	(7)	6	(16)
Foreign Currency Translation Adjustment Gains (Losses), net of hedges
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(2,594)	(2,412)	(2,622)	(2,392)
Net change	25	(157)	53	(177)
Ending Balance	(2,569)	(2,569)	(2,569)	(2,569)
Tax impact for the changes in each component of accumulated other comprehensive (loss) income
Total tax impact	(53)	92	(98)	62
Net Unrealized Pension and Other Postretirement Benefit Gains (Losses)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(467)	(556)	(524)	(576)
Net change	(4)	12	53	32
Ending Balance	(471)	(544)	(471)	(544)
Tax impact for the changes in each component of accumulated other comprehensive (loss) income
Total tax impact	$ (5)	$ 10	$ 0	$ 17

Changes in Accumulated Other _4

Changes in Accumulated Other Comprehensive Income (Loss) (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss)	$ 22	$ (170)	$ 126	$ (198)
Decrease due to amounts reclassified into earnings
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income (loss)	$ 0	$ 0	$ 0	$ 0

Service Fees and Other Revenu_3

Service Fees and Other Revenue and Other Expenses (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Non Interest Income [Line Items]
Total Service fees and other revenue	$ 11,949	$ 11,035	$ 23,247	$ 20,571
Service fees and other revenue
Non Interest Income [Line Items]
Service fees	373	370	739	719
Foreign currency-related revenue	359	304	697	529
Delinquency fees	239	193	472	372
Travel commissions and fees	158	131	293	219
Other fees and revenues	103	267	249	332
Total Service fees and other revenue	$ 1,232	$ 1,265	$ 2,450	$ 2,171

Service Fees and Other Revenu_4

Service Fees and Other Revenue and Other Expenses (Details 1) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Service Fees and Other Revenue and Other Expenses [Abstract]
Data processing and equipment	$ 677	$ 623	$ 1,337	$ 1,223
Professional services	467	501	907	973
Net unrealized and realized losses on Amex Ventures investments	11	10	106	21
Other	391	317	758	632
Total Other expenses	$ 1,546	$ 1,451	$ 3,108	$ 2,849

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Actual tax rates	20.50%	22.80%	18.60%	22.70%
Unrecognized tax benefits change as a result of potential resolutions of prior years' tax	$ 123		$ 123
Unrecognized tax benefits that, if recognized, could impact effective tax rate	$ 97		$ 97

Earnings Per Common Share (EP_3

Earnings Per Common Share (EPS) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2023		Jun. 30, 2022		Jun. 30, 2023		Jun. 30, 2022
Basic and diluted:
Net income	$ 2,174		$ 1,964		$ 3,990		$ 4,063
Preferred dividends	(15)		(15)		(29)		(29)
Net income available to common shareholders	2,159		1,949		3,961		4,034
Earnings allocated to participating share awards	(17)		(15)		(31)		(31)
Net income attributable to common shareholders	$ 2,142		$ 1,934		$ 3,930		$ 4,003
Denominator:
Basic: Weighted-average common stock (in shares)	740,000		752,000		741,000		755,000
Add: Weighted-average stock options (in shares)	1,000		1,000		1,000		1,000
Diluted (in shares)	741,000		753,000		742,000		756,000
Basic EPS (in dollars per share)	$ 2.89	[1]	$ 2.57	[1]	$ 5.30	[2]	$ 5.30	[2]
Diluted EPS (in dollars per share)	$ 2.89	[1]	$ 2.57	[1]	$ 5.29	[2]	$ 5.30	[2]
Stock options
Denominator:
The dilutive effect of securities excluded from the calculation of earnings per share (in shares)	1,400		250		1,400		210
[1]Represents net income less (i) earnings allocated to participating share awards of $17 million and $15 million for the three months ended June 30, 2023 and 2022, respectively, and (ii) dividends on preferred shares of $15 million for both the three months ended June 30, 2023 and 2022.[2]Represents net income less (i) earnings allocated to participating share awards of $31 million for both the six months ended June 30, 2023 and 2022, and (ii) dividends on preferred shares of $29 million for both the six months ended June 30, 2023 and 2022.

Reportable Operating Segments_2

Reportable Operating Segments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Segment Reporting Information [Line Items]
Total non-interest revenues	$ 11,949	$ 11,035	$ 23,247	$ 20,571
Revenue from contracts with customers	9,433	8,771	18,279	16,411
Interest income	4,775	2,799	9,191	5,319
Interest expense	1,670	439	3,103	760
Total revenues net of interest expense	15,054	13,395	29,335	25,130
Pretax income (loss)	2,734	2,543	4,901	5,255
Total assets	244,904	205,000	244,904	205,000	$ 228,354
Corporate and Other
Segment Reporting Information [Line Items]
Total non-interest revenues	(19)	51	(50)	0
Revenue from contracts with customers	(7)	23	(20)	27
Interest income	538	86	992	129
Interest expense	572	99	1,040	151
Total revenues net of interest expense	(53)	38	(98)	(22)
Pretax income (loss)	(445)	(493)	(1,112)	(1,007)
Total assets	41,000	24,000	41,000	24,000
USCS | Operating Segments
Segment Reporting Information [Line Items]
Total non-interest revenues	4,643	4,154	9,002	7,791
Revenue from contracts with customers	3,479	3,197	6,718	5,939
Interest income	2,934	1,893	5,709	3,629
Interest expense	647	136	1,198	239
Total revenues net of interest expense	6,930	5,911	13,513	11,181
Pretax income (loss)	1,250	1,273	2,380	2,805
Total assets	95,000	82,000	95,000	82,000
CS | Operating Segments
Segment Reporting Information [Line Items]
Total non-interest revenues	3,301	3,122	6,408	5,841
Revenue from contracts with customers	2,910	2,791	5,641	5,212
Interest income	792	468	1,498	883
Interest expense	364	121	685	208
Total revenues net of interest expense	3,729	3,469	7,221	6,516
Pretax income (loss)	713	778	1,343	1,559
Total assets	54,000	49,000	54,000	49,000
ICS | Operating Segments
Segment Reporting Information [Line Items]
Total non-interest revenues	2,349	2,140	4,616	3,999
Revenue from contracts with customers	1,528	1,326	2,969	2,525
Interest income	497	347	964	671
Interest expense	261	144	485	267
Total revenues net of interest expense	2,585	2,343	5,095	4,403
Pretax income (loss)	253	183	442	427
Total assets	38,000	34,000	38,000	34,000
GMNS | Operating Segments
Segment Reporting Information [Line Items]
Total non-interest revenues	1,675	1,568	3,271	2,940
Revenue from contracts with customers	1,523	1,434	2,971	2,708
Interest income	14	5	28	7
Interest expense	(174)	(61)	(305)	(105)
Total revenues net of interest expense	1,863	1,634	3,604	3,052
Pretax income (loss)	963	802	1,848	1,471
Total assets	$ 17,000	$ 16,000	$ 17,000	$ 16,000