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Parent Company (Tables) | 12 Months Ended
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Dec. 31, 2020
Condensed Financial Information Disclosure [Abstract] |
Condensed Statements of Income | PARENT COMPANY – CONDENSED STATEMENTS OF INCOME
Years Ended December 31 (Millions) |  | 2020 |  | 2019 |  | 2018
Revenues |  |  |  |  |  |
Non-interest revenues |  |  |  |  |  |
Other |  | $ | 480 |  |  | $ | 598 |  |  | $ | 426 |
Total non-interest revenues |  | 480 |  |  | 598 |  |  | 426 |
Interest income |  | 228 |  |  | 692 |  |  | 422 |
Interest expense |  | 630 |  |  | 902 |  |  | 615 |
Total revenues net of interest expense |  | 78 |  |  | 388 |  |  | 233 |
Expenses |  |  |  |  |  |
Salaries and employee benefits |  | 333 |  |  | 366 |  |  | 336 |
Other |  | 562 |  |  | 816 |  |  | 607 |
Total expenses |  | 895 |  |  | 1,182 |  |  | 943 |
Pretax loss |  | (817) |  |  | (794) |  |  | (710) |
Income tax benefit |  | (236) |  |  | (282) |  |  | (179) |
Net loss before equity in net income of subsidiaries and affiliates |  | (581) |  |  | (512) |  |  | (531) |
Equity in net income of subsidiaries and affiliates |  | 3,716 |  |  | 7,271 |  |  | 7,452 |
Net income |  | $ | 3,135 |  |  | $ | 6,759 |  |  | $ | 6,921 |
Condensed Balance Sheets | PARENT COMPANY – CONDENSED BALANCE SHEETS
As of December 31 (Millions) |  | 2020 |  | 2019
Assets |  |  |  |
Cash and cash equivalents |  | $ | 10,968 |  |  | $ | 4,430 |
Equity in net assets of subsidiaries and affiliates |  | 23,306 |  |  | 23,165 |
Loans to subsidiaries and affiliates |  | 15,887 |  |  | 22,350 |
Due from subsidiaries and affiliates |  | 1,084 |  |  | 1,168 |
Other assets |  | 164 |  |  | 223 |
Total assets |  | 51,409 |  |  | 51,336 |
Liabilities and Shareholders’ Equity |  |  |  |
Liabilities |  |  |  |
Accounts payable and other liabilities |  | 1,743 |  |  | 2,197 |
Due to subsidiaries and affiliates |  | 1,100 |  |  | 609 |
Debt with subsidiaries and affiliates |  | 2,772 |  |  | 1,091 |
Long-term debt |  | 22,810 |  |  | 24,368 |
Total liabilities |  | 28,425 |  |  | 28,265 |
Shareholders’ Equity |  |  |  |
Total shareholders’ equity |  | 22,984 |  |  | 23,071 |
Total liabilities and shareholders’ equity |  | $ | 51,409 |  |  | $ | 51,336 |
Condensed Cash Flows | PARENT COMPANY – CONDENSED STATEMENTS OF CASH FLOWS
Years Ended December 31 (Millions) |  | 2020 |  | 2019 |  | 2018
Cash Flows from Operating Activities |  |  |  |  |  |
Net income |  | $ | 3,135 |  |  | $ | 6,759 |  |  | $ | 6,921 |
Adjustments to reconcile net income to cash provided by operating activities: |  |  |  |  |  |
Equity in net income of subsidiaries and affiliates |  | (3,716) |  |  | (7,271) |  |  | (7,452) |
Dividends received from subsidiaries and affiliates |  | 2,679 |  |  | 6,370 |  |  | 3,222 |
Other operating activities, primarily with subsidiaries and affiliates |  | 732 |  |  | 1,315 |  |  | (257) |
Net cash provided by operating activities |  | 2,830 |  |  | 7,173 |  |  | 2,434 |
Cash Flows from Investing Activities |  |  |  |  |  |
Maturities and redemptions of investment securities |  | — |  |  | 1 |  |  | — |
Decrease (increase) in loans to subsidiaries and affiliates |  | 11,434 |  |  | (4,405) |  |  | (6,281) |
Investments in subsidiaries and affiliates |  | (52) |  |  | (15) |  |  | (30) |
Other investing activities |  | 74 |  |  | 82 |  |  | — |
Net cash provided by (used in) investing activities |  | 11,456 |  |  | (4,337) |  |  | (6,311) |
Cash Flows from Financing Activities |  |  |  |  |  |
Proceeds from long-term debt |  | — |  |  | 6,469 |  |  | 9,350 |
Payments of long-term debt |  | (2,000) |  |  | (641) |  |  | (3,850) |
Net decrease in short-term debt from subsidiaries and affiliates |  | (3,289) |  |  | (1,500) |  |  | (140) |
Issuance of American Express common shares |  | 44 |  |  | 86 |  |  | 87 |
Repurchase of American Express common shares and other |  | (1,029) |  |  | (4,685) |  |  | (1,685) |
Dividends paid |  | (1,474) |  |  | (1,422) |  |  | (1,324) |
Net cash (used in) provided by financing activities |  | (7,748) |  |  | (1,693) |  |  | 2,438 |
Net increase (decrease) in cash and cash equivalents |  | 6,538 |  |  | 1,143 |  |  | (1,439) |
Cash and cash equivalents at beginning of year |  | 4,430 |  |  | 3,287 |  |  | 4,726 |
Cash and cash equivalents at end of year |  | $ | 10,968 |  |  | $ | 4,430 |  |  | $ | 3,287 |
Supplemental cash flow information |  |  |  |  |  |
Years Ended December 31 (Millions) |  | 2020 |  | 2019 |  | 2018
Non-Cash Investing Activities |  |  |  |  |  |
Loans to subsidiaries and affiliates |  | $ | (4,971) |  |  | $ | — |  |  | $ | — |
Non-Cash Financing Activities |  |  |  |  |  |
Short-term debts from subsidiaries and affiliates |  | $ | 4,971 |  |  | $ | — |  |  | $ | — |

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