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Reserves for Credit Losses (Tables) | 3 Months Ended
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Mar. 31, 2023
Financing Receivable, Allowance for Credit Loss [Line Items] |
Schedule of Key Variables in Macroeconomic Scenarios Utilized for Computation of Reserves for Credit Losses | The following table reflects the range of macroeconomic scenario key variables used, in conjunction with other inputs, to calculate reserves for credit losses:
|  | U.S. Unemployment Rate |  | U.S. GDP Growth (Contraction) (a)
|  | March 31, 2023 |  |  |  | December 31, 2022 |  | March 31, 2023 |  |  |  | December 31, 2022
First quarter of 2023 |  | 3% |  |  |  | 3% - 6% |  | (0.4)% |  |  |  | 5% - (1)%
Fourth quarter of 2023 |  | 3% - 7% |  |  |  | 3% - 8% |  | 4% - (3)% |  |  |  | 6% - 0.2%
Fourth quarter of 2024 |  | 3% - 7% |  |  |  | 3% - 7% |  | 3% - 2% |  |  |  | 3% - 2%
Fourth quarter of 2025 |  | 3% - 6% |  |  |  | 3% - 6% |  | 3% |  |  |  | 4% - 3%
(a)Real GDP quarter over quarter percentage change seasonally adjusted to annualized rates.
Card Member Loans |
Financing Receivable, Allowance for Credit Loss [Line Items] |
Schedule of Changes in Card Member Loans and Receivables | The following table presents changes in the Card Member loans reserve for credit losses for the three months ended March 31:
|  | Three Months Ended March 31, |  |
(Millions) |  | 2023 |  | 2022 |  |  |  |
Beginning Balance |  | $ | 3,747 |  |  | $ | 3,305 |  |  |  |  |
Provisions (a) |  | 786 |  |  | (111) |  |  |  |  |
Net write-offs (b) |  |  |  |  |  |  |  |
Principal |  | (397) |  |  | (165) |  |  |  |  |
Interest and fees |  | (89) |  |  | (50) |  |  |  |  |
Other (c) |  | 6 |  |  | 2 |  |  |  |  |
Ending Balance |  | $ | 4,053 |  |  | $ | 2,981 |  |  |  |  |
(a)Provisions for principal, interest and fee reserve components. Provisions for credit losses includes reserve build (release) and replenishment for net write-offs. (b)Principal write-offs are presented less recoveries of $128 million and $144 million for the three months ended March 31, 2023 and 2022, respectively. Recoveries of interest and fees were not significant. (c)Primarily includes foreign currency translation adjustments of $6 million and $2 million for the three months ended March 31, 2023 and 2022, respectively.
Card Member Receivables |
Financing Receivable, Allowance for Credit Loss [Line Items] |
Schedule of Changes in Card Member Loans and Receivables | The following table presents changes in the Card Member receivables reserve for credit losses for the three months ended March 31:
|  | Three Months Ended March 31, |  |
(Millions) |  | 2023 |  | 2022 |  |  |  |
Beginning Balance |  | $ | 229 |  |  | $ | 64 |  |  |  |  |
Provisions (a) |  | 222 |  |  | 80 |  |  |  |  |
Net write-offs (b) |  | (230) |  |  | (67) |  |  |  |  |
Other (c) |  | 2 |  |  | (1) |  |  |  |  |
Ending Balance |  | $ | 223 |  |  | $ | 76 |  |  |  |  |
(a)Provisions for principal and fee reserve components. Provisions for credit losses includes reserve build (release) and replenishment for net write-offs. (b)Net write-offs are presented less recoveries of $69 million and $67 million for the three months ended March 31, 2023 and 2022, respectively. (c)Primarily includes foreign currency translation adjustments of $2 million and nil for the three months ended March 31, 2023 and 2022, respectively.

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- Definition Tabular disclosure of allowance for credit loss on financing receivable. + 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 -URI https://asc.fasb.org/extlink&oid=123577603&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 https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 + Details
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