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Reserves for Credit Losses (Tables) | 9 Months Ended
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Sep. 30, 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)
|  | September 30, 2023 |  | December 31, 2022 |  | September 30, 2023 |  | December 31, 2022
Third quarter of 2023 |  | 4% |  | 3% - 7% |  | 2% |  | 5% - (2)%
Fourth quarter of 2023 |  | 3% - 6% |  | 3% - 8% |  | 4% - (3)% |  | 6% - 0.2%
Fourth quarter of 2024 |  | 3% - 8% |  | 3% - 7% |  | 2% - 1% |  | 3% - 2%
Fourth quarter of 2025 |  | 4% - 7% |  | 3% - 6% |  | 4% - 2% |  | 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 and nine months ended September 30:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(Millions) |  | 2023 |  | 2022 |  | 2023 |  | 2022
Beginning Balance |  | $ | 4,390 |  |  | $ | 2,997 |  |  | $ | 3,747 |  |  | $ | 3,305 |
Provisions (a) |  | 982 |  |  | 596 |  |  | 2,691 |  |  | 757 |
Net write-offs (b) |  |  |  |  |  |  |  |
Principal |  | (525) |  |  | (203) |  |  | (1,412) |  |  | (560) |
Interest and fees |  | (114) |  |  | (56) |  |  | (310) |  |  | (161) |
Other (c) |  | (12) |  |  | (15) |  |  | 5 |  |  | (22) |
Ending Balance |  | $ | 4,721 |  |  | $ | 3,319 |  |  | $ | 4,721 |  |  | $ | 3,319 |
(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 $138 million and $133 million for the three months ended September 30, 2023 and 2022, respectively, and $396 million and $415 million for the nine months ended September 30, 2023 and 2022, respectively. Recoveries of interest and fees were not significant. (c)Primarily includes foreign currency translation adjustments of $(13) million and $(16) million for the three months ended September 30, 2023 and 2022, respectively, and $5 million and $(22) million for the nine months ended September 30, 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 and nine months ended September 30:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(Millions) |  | 2023 |  | 2022 |  | 2023 |  | 2022
Beginning Balance |  | $ | 210 |  |  | $ | 119 |  |  | $ | 229 |  |  | $ | 64 |
Provisions (a) |  | 206 |  |  | 165 |  |  | 658 |  |  | 383 |
Net write-offs (b) |  | (241) |  |  | (122) |  |  | (714) |  |  | (284) |
Other (c) |  | (1) |  |  | (3) |  |  | 1 |  |  | (4) |
Ending Balance |  | $ | 174 |  |  | $ | 159 |  |  | $ | 174 |  |  | $ | 159 |
(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 $73 million and $60 million for the three months ended September 30, 2023 and 2022, respectively, and $218 million and $195 million for the nine months ended September 30, 2023 and 2022, respectively. (c)Primarily includes foreign currency translation adjustments.

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