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Reserves for Credit Losses (Tables) | 6 Months Ended
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Jun. 30, 2020
Receivables [Abstract] |
Changes in the Card Member loans reserve for credit losses | The following table presents changes in the Card Member loans reserve for credit losses for the six months ended June 30:
(Millions) |  | 2020 |  | 2019
Balance, January 1(a) |  | $ | 4,027 |  |  | $ | 2,134 |
Provisions (b) |  | 2,845 |  |  | 1,128 |
Net write-offs (c) |  |  |  |
Principal |  | (1,017) |  |  | (920) |
Interest and fees |  | (210) |  |  | (186) |
Other (d) |  | (17) |  |  | 12 |
Balance, June 30 |  | $ | 5,628 |  |  | $ | 2,168 |
(a)Includes an increase of $1,643 million as of January 1, 2020, related to the adoption of the CECL methodology. (b)Provisions for principal, interest and fee reserve components. Provisions for credit losses includes reserve build (release) and replenishment for net write-offs. (c)Principal write-offs are presented less recoveries of $279 million and $254 million for the six months ended June 30, 2020 and 2019, respectively. Recoveries of interest and fees were not significant. Amounts include net (write-offs) recoveries from TDRs of $(63) million and $(33) million for the six months ended June 30, 2020 and 2019, respectively. (d)Primarily includes foreign currency translation adjustments of $(17) million and $3 million for the six months ended June 30, 2020 and 2019, respectively.
Changes in the Card Member receivable reserve for credit losses | The following table presents changes in the Card Member receivables reserve for credit losses for the six months ended June 30:
(Millions) |  | 2020 |  | 2019
Balance, January 1 (a) |  | $ | 126 |  |  | $ | 573 |
Provisions (b) |  | 952 |  |  | 477 |
Net write-offs (c) |  | (557) |  |  | (426) |
Other (d) |  | (2) |  |  | (8) |
Balance, June 30 |  | $ | 519 |  |  | $ | 616 |
(a)Includes a decrease of $493 million as of January 1, 2020, related to the adoption of the CECL methodology. (b)Provisions for principal and fee reserve components. Provisions for credit losses includes reserve build (release) and replenishment for net write-offs. (c)Net write-offs are presented less recoveries of $180 million and $184 million for the six months ended June 30, 2020 and 2019, respectively. Amounts include net (write-offs) recoveries from TDRs of $(16) million and $(6) million, for the six months ended June 30, 2020 and 2019, respectively. (d)Primarily includes foreign currency translation adjustments of $(1) million and $3 million for the six months ended June 30, 2020 and 2019, respectively.

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- Definition Tabular disclosure of allowance for credit loss of financing receivable, classified as current. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 + Details
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