v3.25.2
Segment Reporting - Schedule of Segment Information (Details) - USD ($)
$ in Millions
 1 Months Ended 3 Months Ended 6 Months Ended
Mar. 31, 2024
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]              
Interest and fees on loans [1]   $ 5,328   $ 5,301   $ 10,640 $ 10,594
Interest on cash and debt securities   258   281   496 556
Total interest income   5,586   5,582   11,136 11,150
Interest Expense, Operating   1,065   1,177   2,151 2,340
Net interest income   4,521   4,405   8,985 8,810
Retailer share arrangements   (992)   (810)   (1,887) (1,574)
Provision for credit losses   1,146   1,691   2,637 3,575
Other income:              
Gain on sale of business           0 1,069
Total other income   118   117   267 1,274
Other expense:              
Employee costs   509   434   1,015 930
Professional fees   236   236   453 456
Marketing and business development   127   129   243 254
Information processing   215   207   434 393
Total other expense   1,245   1,177   2,488 2,383
Provision for income taxes   289   201   516 616
Net earnings   967 $ 757 643 $ 1,293 1,724 1,936
Pets Best              
Other income:              
Gain on sale of business $ 1,100            
Synchrony Segment              
Segment Reporting Information [Line Items]              
Interest and fees on loans   5,328   5,301   10,640 10,594
Interest on cash and debt securities   258   281   496 556
Total interest income   5,586   5,582   11,136 11,150
Interest Expense, Operating   1,065   1,177   2,151 2,340
Net interest income   4,521   4,405   8,985 8,810
Retailer share arrangements   (992)   (810)   (1,887) (1,574)
Reserve build (release)   (265)   70   (362) 369
Net charge-offs   1,411   1,621   2,999 3,206
Other income:              
Other income   118   117   267 205
Gain on sale of business   0   0   0 1,069
Total other income   118   117   267 1,274
Other expense:              
Employee costs   509   434   1,015 930
Professional fees   236   236   453 456
Marketing and business development   127   129   243 254
Information processing   215   207   434 393
Fraud-related operational losses   34   50   75 100
Other segment items   124   121   268 250
Total other expense   1,245   1,177   2,488 2,383
Provision for income taxes   289   201   516 616
Net earnings   $ 967   $ 643   $ 1,724 $ 1,936
[1] Deferred merchant discounts to be recognized in interest income at both June 30, 2025 and December 31, 2024, were $1.7 billion and $1.8 billion, respectively, which are included in Accrued expenses and other liabilities in our Condensed Consolidated Statements of Financial Position.