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Reserves for Credit Losses (Tables) | 12 Months Ended
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Dec. 31, 2023
Credit Loss [Abstract] |
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)
|  | December 31, 2023 |  |  | December 31, 2022 |  | December 31, 2023 |  |  |  | December 31, 2022
Fourth quarter of 2023 |  | 4% |  |  |  | 3% - 8% |  | 1% |  |  |  | 6% - 0.2%
First quarter of 2024 |  | 3% - 6% |  |  |  | 3% - 8% |  | 4% - (3)% |  |  |  | 2% - 0.3%
Fourth quarter of 2024 |  | 3% - 8% |  |  |  | 3% - 7% |  | 3% - 1% |  |  |  | 3% - 2%
Fourth quarter of 2025 |  | 3% - 7% |  |  |  | 3% - 6% |  | 2% |  |  |  | 4% - 3%
(a)Real GDP quarter over quarter percentage change seasonally adjusted to annualized rates.
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 years ended December 31:
(Millions) |  | 2023 |  | 2022 |  | 2021
Beginning Balance |  | $ | 3,747 |  |  | $ | 3,305 |  |  | $ | 5,344 |
Provisions(a) |  | 3,839 |  |  | 1,514 |  |  | (1,155) |
Net write-offs (b) |  |  |  |  |  |
Principal |  | (2,043) |  |  | (837) |  |  | (672) |
Interest and fees |  | (443) |  |  | (229) |  |  | (207) |
Other(c) |  | 18 |  |  | (6) |  |  | (5) |
Ending Balance |  | $ | 5,118 |  |  | $ | 3,747 |  |  | $ | 3,305 |
(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 $537 million, $539 million and $657 million for the years ended December 31, 2023, 2022 and 2021, respectively. Recoveries of interest and fees were not significant. (c)Primarily includes foreign currency translation adjustments of $18 million for the year ended December 31, 2023, and $(6) million for both the years ended December 31, 2022 and 2021. The following table presents changes in the Card Member receivables reserve for credit losses for the years ended December 31:
(Millions) |  | 2023 |  | 2022 |  | 2021
Beginning Balance |  | $ | 229 |  |  | $ | 64 |  |  | $ | 267 |
Provisions (a) |  | 880 |  |  | 627 |  |  | (73) |
Net write-offs (b) |  | (937) |  |  | (462) |  |  | (129) |
Other (c) |  | 2 |  |  | — |  |  | (1) |
Ending Balance |  | $ | 174 |  |  | $ | 229 |  |  | $ | 64 |
(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 $297 million, $257 million and $378 million for the years ended December 31, 2023, 2022 and 2021, respectively. (c)Primarily includes foreign currency translation adjustments of $1 million, $2 million and $(1) million for the years ended December 31, 2023, 2022 and 2021, respectively.

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- Definition Financing Receivable, Allowance For Credit Loss, Valuation Assumptions + References No definition available. + Details
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- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-13 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B + Details
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