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Comprehensive Income | 12 Months Ended
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Dec. 31, 2011
Disclosure Text Block [Abstract] |
Comprehensive Income | NOTE 15 changes in accumulated other comprehensive (loss) income AOCI is a balance sheet item in the Shareholders' Equity section of the Company's Consolidated Balance Sheets. It 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 of A OCI for th e three years ended December 31 were as follows:
(Millions), net of tax(a) |  | Net Unrealized Gains (Losses) on Investment Securities |  | Net Unrealized Gains (Losses) on Cash Flow Hedges |  | Foreign Currency Translation Adjustments |  | Net Unrealized Pension and Other Postretirement Benefit Losses |  | Accumulated Other Comprehensive (Loss) Income
Balances as of December 31, 2008 |  | $ | (699) |  | $ | (80) |  | $ | (368) |  | $ | (459) |  | $ | (1,606)
Net unrealized gains (losses) |  |  | 1,351 |  |  | (22) |  |  |  |  |  |  |  |  | 1,329
Reclassification for realized (gains) losses into earnings |  |  | (145) |  |  | 74 |  |  |  |  |  |  |  |  | (71)
Net translation of investments in foreign operations(b) |  |  |  |  |  |  |  |  | 523 |  |  |  |  |  | 523
Net losses related to hedges of investment in foreign operations |  |  |  |  |  |  |  |  | (877) |  |  |  |  |  | (877)
Pension and other postretirement benefit losses |  |  |  |  |  |  |  |  |  |  |  | (10) |  |  | (10)
Net change in accumulated other comprehensive (loss) income |  |  | 1,206 |  |  | 52 |  |  | (354) |  |  | (10) |  |  | 894
Balances as of December 31, 2009 |  |  | 507 |  |  | (28) |  |  | (722) |  |  | (469) |  |  | (712)
Impact of the adoption of GAAP(c) |  |  | (315) |  |  |  |  |  |  |  |  |  |  |  | (315)
Net unrealized gains (losses) |  |  | (139) |  |  | (2) |  |  |  |  |  |  |  |  | (141)
Reclassification for realized (gains) losses into earnings |  |  | 4 |  |  | 23 |  |  | (2) |  |  |  |  |  | 25
Net translation of investments in foreign operations |  |  |  |  |  |  |  |  | 189 |  |  |  |  |  | 189
Net gains related to hedges of investment in foreign operations |  |  |  |  |  |  |  |  | 32 |  |  |  |  |  | 32
Pension and other postretirement benefit losses |  |  |  |  |  |  |  |  |  |  |  | 5 |  |  | 5
Net change in accumulated other comprehensive (loss) income |  |  | (450) |  |  | 21 |  |  | 219 |  |  | 5 |  |  | (205)
Balances as of December 31, 2010 |  |  | 57 |  |  | (7) |  |  | (503) |  |  | (464) |  |  | (917)
Net unrealized gains (losses) |  |  | 245 |  |  | (2) |  |  |  |  |  |  |  |  | 243
Reclassification for realized (gains) losses into earnings |  |  | (14) |  |  | 8 |  |  |  |  |  |  |  |  | (6)
Net translation of investments in foreign operations |  |  |  |  |  |  |  |  | (153) |  |  |  |  |  | (153)
Net losses related to hedges of investment in foreign operations |  |  |  |  |  |  |  |  | (26) |  |  |  |  |  | (26)
Pension and other postretirement benefit losses |  |  |  |  |  |  |  |  |  |  |  | (17) |  |  | (17)
Net change in accumulated other comprehensive (loss) income |  |  | 231 |  |  | 6 |  |  | (179) |  |  | (17) |  |  | 41
Balances as of December 31, 2011 |  | $ | 288 |  | $ | (1) |  | $ | (682) |  | $ | (481) |  | $ | (876)
The following table shows the tax impact for th e three years ended December 31 for the changes in each component of accumulated other comprehensive (loss) income:
| (Millions) |  | 2011 |  | 2010 |  | 2009
| Investment securities |  | $ | 149 |  | $ | (272) |  | $ | 749
| Cash flow hedges |  |  | 3 |  |  | 11 |  |  | 29
| Foreign currency translation adjustments |  |  | (40) |  |  | 22 |  |  | 33
| Net investment hedges |  |  | (14) |  |  | (396) |  |  | ―
| Pension and other postretirement benefit losses |  |  | (7) |  |  | 18 |  |  | (28)
| Total tax impact |  | $ | 91 |  | $ | (617) |  | $ | 783
Includes a $190 million other comprehensive loss, recorded in the third quarter of 2009, representing the correction of an error related to the accounting in prior periods for cumulative translation adjustments associated with a net investment in fo reign subsidiaries. Refer to Note 1 9 for further details. As a result of the adoption of new GAAP governing consolidation s and VIEs, the Company no longer presents within its Consolidated Financial Statements the effects of the retained subordinated securities issued by previously unconsolidated VIEs related to the Company's cardmember loan securitization programs.

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- Definition The entire disclosure for comprehensive income. Includes, but is not limited to, the following: 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Components of comprehensive income include: (1) foreign currency translation adjustments; (2) gains (losses) on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (3) gains (losses) on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (4) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (5) unrealized holding gains (losses) on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (6) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (7) the net gain (loss) and net prior service cost or credit for pension plans and other postretirement benefit plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 55 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6920433&loc=d3e998-108581 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e689-108580 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e637-108580 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e716-108580 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e681-108580 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Reclassification Adjustments -URI http://asc.fasb.org/extlink&oid=6522872 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 130 -Paragraph 14-26 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e640-108580 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e653-108580 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e709-108580 + Details
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