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Reserves for Losses | 3 Months Ended
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Mar. 31, 2014
Reserves For Losses Card Member Receivables And Loans Disclosure [Abstract] |
Reserve for Losses | 4. Reserves for L osses Reserves for losses relating to Card Member loans and receivables represent management's best estimate of the probable inherent losses in the Company's outstanding portfolio of loans and receivables, as of the balance sheet date. Management's evaluation process requires certain estimates and judgments. For information on the Company's reserves for losses and the related accountin g policies, refer to Note 5 on pages 77 – 78 of the Annual Report. Changes in Card Member Receivables Reserve for Losses The following table presents changes in the Card Member receivables reserve for losses for the three months ended March 31:
(Millions) |  | 2014 |  | 2013
Balance, January 1 |  | $ | 386 |  | $ | 428
| Provisions(a) |  |  | 215 |  |  | 154
| Net write-offs(b) |  |  | (170) |  |  | (178)
| Other(c) |  |  | (17) |  |  | 6
Balance, March 31 |  | $ | 414 |  | $ | 410
P rovisions for principal (resulting from authorized transactions) and fee reserve components. Consists of principal (resulting from authorized transactions) and fee components, less recoveries of $92 million and $99 million, including net write-offs from TDRs of $2 million and $14 million, for the three months ended March 31, 2014 and 2013, respectively. Effective March 31, 2014, amounts previously reserved for unauthorized transactions of $(7) million have been reclassified to other liabilities on a prospective basis. Also included are foreign currency translation adjustments of nil and $(2) million for the three months ended March 31, 2014 and 2013, respectively and other items of $(10) million and $8 million for the three months ended March 31, 2014 and 2013, respectively. Card Member Receivables Evaluated Individually and Collectively for Impairment The following table presents Card Member receivables evaluated individually and collectively for impair ment and related reserves as of March 31, 2014 and December 31, 2013:
(Millions) |  | 2014 |  | 2013
Card Member receivables evaluated individually for impairment(a) |  | $ | 49 |  | $ | 50
Related reserves (a) |  | $ | 36 |  | $ | 38
Card Member receivables evaluated collectively for impairment |  | $ | 44,605 |  | $ | 44,113
Related reserves (b) |  | $ | 378 |  | $ | 348
Represents receivables modified in a TDR and related reserves. Refer to the Impaired Card Member Loans and Receivables dis cussion in N ote 4 on pages 74 – 76 of the Annual Report for further information. The reserves include the quantitative results of analytical models that are specific to individual pools of receivables and reserves for internal and external qualitative risk factors that apply to receivables that are collectively evaluated for impairment and are not specific to any individual pool of receivables. Changes in Card Member Loans Reserve for Losses The following table presents changes in the Card Member loans reserve for losses for the three months ended March 31:
(Millions) |  | 2014 |  | 2013
Balance, January 1 |  | $ | 1,261 |  | $ | 1,471
| Provisions(a) |  |  | 250 |  |  | 243
| Net write-offs |  |  |  |  |  |
|  | Principal(b) |  |  | (280) |  |  | (304)
|  | Interest and fees(b) |  |  | (42) |  |  | (38)
| Other(c) |  |  | 2 |  |  | (5)
Balance, March 31 |  | $ | 1,191 |  | $ | 1,367
P rovisions for principal (resulting from authorized transacti ons), interest and fee reserve s components. Consists of principal write-offs (resulting from authorized transactions), less recoveries of $107 million and $114 million, including net write-offs from TDRs of $(2) million and $6 million, for the three months ended March 31, 2014 and 2013, respectively. Recoveries of interest and fees were de minimis. Effective March 31, 2014, reserves related to unauthorized transactions of $(6) million are reflected in other liabilities. All periods include foreign currency translation adjustments of $(1) million for both the three months ended March 31, 2014 and 2013, and other item s of $9 million and $(4) million for the three months ended March 31, 2014 and 2013, respectivel y. Card Member Loans Evaluated Individually and Collectively for Impairment The following table presents Card Member loans evaluated individually and collectively for impairment and related reserves as of March 31, 2014 and December 31, 2013:
(Millions) |  | 2014 |  | 2013
Card Member loans evaluated individually for impairment(a) |  | $ | 337 |  | $ | 378
Related reserves (a) |  | $ | 80 |  | $ | 84
Card Member loans evaluated collectively for impairment(b) |  | $ | 63,679 |  | $ | 66,860
Related reserves (b) |  | $ | 1,111 |  | $ | 1,177
Represents loans modified in a TDR and related reserves. Refer to the Impaired Card Member Loans and Receivables d iscussion in Note 4 on pages 74 – 76 of the Annual Report for further information. Represents current loans and loans less than 90 days past due, loans over 90 days past due and accruing interest, and non-accrual loans. The reserves include the quantitative results of analytical models that are specific to individual pools of loans and reserves for internal and external qualitative risk factors that apply to loans that are collectively evaluated for impairment and are not specific to any individual pool of loans.

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- Definition The entire disclosure for allowance for credit losses. + References No definition available. + Details
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