XML 76 R58.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Parent Company (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract] |
Condensed Statements of Income | PARENT COMPANY – CONDENSED STATEMENTS OF INCOME
Years Ended December 31 (Millions) |  | 2021 |  | 2020 |  | 2019
Revenues |  |  |  |  |  |
Non-interest revenues |  |  |  |  |  |
Other |  | $ | 343 |  |  | $ | 480 |  |  | $ | 598 |
Total non-interest revenues |  | 343 |  |  | 480 |  |  | 598 |
Interest income |  | 96 |  |  | 228 |  |  | 692 |
Interest expense |  | 482 |  |  | 630 |  |  | 902 |
Total revenues net of interest expense |  | (43) |  |  | 78 |  |  | 388 |
Expenses |  |  |  |  |  |
Salaries and employee benefits |  | 359 |  |  | 333 |  |  | 366 |
Other |  | 346 |  |  | 562 |  |  | 816 |
Total expenses |  | 705 |  |  | 895 |  |  | 1,182 |
Pretax loss |  | (748) |  |  | (817) |  |  | (794) |
Income tax benefit |  | (248) |  |  | (236) |  |  | (282) |
Net loss before equity in net income of subsidiaries and affiliates |  | (500) |  |  | (581) |  |  | (512) |
Equity in net income of subsidiaries and affiliates |  | 8,560 |  |  | 3,716 |  |  | 7,271 |
Net income |  | $ | 8,060 |  |  | $ | 3,135 |  |  | $ | 6,759 |
Condensed Balance Sheets | PARENT COMPANY – CONDENSED BALANCE SHEETS
As of December 31 (Millions) |  | 2021 |  | 2020
Assets |  |  |  |
Cash and cash equivalents |  | $ | 5,341 |  |  | $ | 10,968 |
Equity in net assets of subsidiaries and affiliates |  | 22,623 |  |  | 23,306 |
Loans to subsidiaries and affiliates |  | 17,848 |  |  | 15,887 |
Due from subsidiaries and affiliates |  | 1,207 |  |  | 1,084 |
Other assets |  | 158 |  |  | 164 |
Total assets |  | 47,177 |  |  | 51,409 |
Liabilities and Shareholders’ Equity |  |  |  |
Liabilities |  |  |  |
Accounts payable and other liabilities |  | 2,107 |  |  | 1,743 |
Due to subsidiaries and affiliates |  | 443 |  |  | 1,100 |
Debt with subsidiaries and affiliates |  | 136 |  |  | 2,772 |
Long-term debt |  | 22,314 |  |  | 22,810 |
Total liabilities |  | 25,000 |  |  | 28,425 |
Shareholders’ Equity |  |  |  |
Total shareholders’ equity |  | 22,177 |  |  | 22,984 |
Total liabilities and shareholders’ equity |  | $ | 47,177 |  |  | $ | 51,409 |
Condensed Cash Flows | PARENT COMPANY – CONDENSED STATEMENTS OF CASH FLOWS
Years Ended December 31 (Millions) |  | 2021 |  | 2020 |  | 2019
Cash Flows from Operating Activities |  |  |  |  |  |
Net income |  | $ | 8,060 |  |  | $ | 3,135 |  |  | $ | 6,759 |
Adjustments to reconcile net income to cash provided by operating activities: |  |  |  |  |  |
Equity in net income of subsidiaries and affiliates |  | (8,560) |  |  | (3,716) |  |  | (7,271) |
Dividends received from subsidiaries and affiliates |  | 9,102 |  |  | 2,679 |  |  | 6,370 |
Other operating activities, primarily with subsidiaries and affiliates |  | (305) |  |  | 732 |  |  | 1,315 |
Net cash provided by operating activities |  | 8,297 |  |  | 2,830 |  |  | 7,173 |
Cash Flows from Investing Activities |  |  |  |  |  |
Maturities and redemptions of investment securities |  | — |  |  | — |  |  | 1 |
(Increase) decrease in loans to subsidiaries and affiliates |  | (176) |  |  | 11,434 |  |  | (4,405) |
Investments in subsidiaries and affiliates |  | (60) |  |  | (52) |  |  | (15) |
Other investing activities |  | — |  |  | 74 |  |  | 82 |
Net cash (used in) provided by investing activities |  | (236) |  |  | 11,456 |  |  | (4,337) |
Cash Flows from Financing Activities |  |  |  |  |  |
Net decrease in short-term debt from subsidiaries and affiliates |  | (2,636) |  |  | (3,289) |  |  | (1,500) |
Proceeds from long-term debt |  | 3,000 |  |  | — |  |  | 6,469 |
Payments of long-term debt |  | (5,000) |  |  | (2,000) |  |  | (641) |
Issuance of American Express preferred shares |  | 1,584 |  |  | — |  |  | — |
Redemption of American Express preferred shares |  | (1,600) |  |  | — |  |  | — |
Issuance of American Express common shares |  | 64 |  |  | 44 |  |  | 86 |
Repurchase of American Express common shares and other |  | (7,652) |  |  | (1,029) |  |  | (4,685) |
Dividends paid |  | (1,448) |  |  | (1,474) |  |  | (1,422) |
Net cash used in financing activities |  | (13,688) |  |  | (7,748) |  |  | (1,693) |
Net (decrease) increase in cash and cash equivalents |  | (5,627) |  |  | 6,538 |  |  | 1,143 |
Cash and cash equivalents at beginning of year |  | 10,968 |  |  | 4,430 |  |  | 3,287 |
Cash and cash equivalents at end of year |  | $ | 5,341 |  |  | $ | 10,968 |  |  | $ | 4,430 |
Supplemental cash flow information |  |  |  |  |  |
Years Ended December 31 (Millions) |  | 2021 |  | 2020 |  | 2019
Non-Cash Investing Activities |  |  |  |  |  |
Loans to subsidiaries and affiliates |  | $ | (1,787) |  |  | $ | (4,971) |  |  | $ | — |
Non-Cash Financing Activities |  |  |  |  |  |
Short-term debts from subsidiaries and affiliates |  | — |  |  | 4,971 |  |  | — |
Proceeds from long-term debt |  | $ | 1,787 |  |  | $ | — |  |  | $ | — |

X
- Definition Text block that encapsulates the balance sheet comprising the condensed financial statements, normally using the registrant (parent) as the sole domain member. If condensed consolidating financial statements are being presented, other domain members (in addition to parent) such as guarantor subsidiaries, non-guarantor subsidiaries, and the consolidation eliminations, will be included in order that the respective monetary amounts for each of the domains will aggregate to the respective amounts on the consolidated financial statements. The line items are the various captions used to compile the condensed financial statements. Using extensions, most, if not all, of the elements representing condensed financial statement captions will be the same as those used for the consolidated financial statements captions. + References No definition available. + Details
Name: | axp_ScheduleOfCondensedFinancialStatementsBalanceSheetTableTextBlock
Namespace Prefix: | axp_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Text block that encapsulates the cash flow statement comprising the condensed financial statements, normally using the registrant (parent) as the sole domain member. If condensed consolidating financial statements are being presented, other domain members (in addition to parent) such as guarantor subsidiaries, non-guarantor subsidiaries, and the consolidation eliminations, will be included in order that the respective monetary amounts for each of the domains will aggregate to the respective amounts on the consolidated financial statements. The line items are the various captions used to compile the condensed financial statements. Using extensions, most, if not all, of the elements representing condensed financial statement captions will be the same as those used for the consolidated financial statements captions. + References No definition available. + Details
Name: | axp_ScheduleOfCondensedFinancialStatementsCashFlowStatementTableTextBlock
Namespace Prefix: | axp_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Text block that encapsulates the income statement comprising the condensed financial statements, normally using the registrant (parent) as the sole domain member. If condensed consolidating financial statements are being presented, other domain members (in addition to parent) such as guarantor subsidiaries, non-guarantor subsidiaries, and the consolidation eliminations, will be included in order that the respective monetary amounts for each of the domains will aggregate to the respective amounts on the consolidated financial statements. The line items are the various captions used to compile the condensed financial statements. Using extensions, most, if not all, of the elements representing condensed financial statement captions will be the same as those used for the consolidated financial statements captions. + References No definition available. + Details
Name: | axp_ScheduleOfCondensedFinancialStatementsIncomeStatementTableTextBlock
Namespace Prefix: | axp_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | srt_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration