v3.26.1
Reserves for Credit Losses (Tables)
 6 Months Ended
Jun. 30, 2026
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 available to us as of June 30, 2026 and December 31, 2025, respectively, which were used, in conjunction with other inputs, to calculate reserves for credit losses:
Table 3.1: Key Macroeconomic Variables
U.S. Unemployment Rate
U.S. GDP Growth (Contraction) (a)
June 30, 2026December 31, 2025June 30, 2026December 31, 2025
Second quarter of 2026
4% - 6%
4% - 7%
5% - (3)%
3% - (3)%
Fourth quarter of 2026
4% - 8%
4% - 8%
3% - (4)%
3% - 0.5%
Fourth quarter of 2027
4% - 8%
4% - 8%
3% - 2%
2%
Fourth quarter of 2028
4% - 7%
4% - 6%
3% - 2%
4% - 2%
(a)Real GDP quarter over quarter percentage change seasonally adjusted to annualized rates.
Schedule of changes in card member loans, receivables, and other loans
The following table presents changes in the Card balances reserve for credit losses for the three and six months ended June 30, 2026 and 2025:
Table 3.2: Changes in Card Balances Reserve for Credit Losses
Three Months Ended June 30,Six Months Ended June 30,
(Millions)2026202520262025
Beginning reserves
$6,065 $5,740 $6,089 $5,850 
Provisions (a)
1,017 1,320 2,204 2,367 
Net write-offs (b)
(1,207)(1,122)(2,420)(2,287)
Other (c)
(9)22 (8)30 
Ending reserves
$5,866 $5,960 $5,866 $5,960 
(a)Provisions for principal, interest 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 $416 million and $316 million for the three months ended June 30, 2026 and 2025, respectively, and $768 million and $609 million for the six months ended June 30, 2026 and 2025, respectively.
(c)Primarily includes foreign currency translation adjustments
The following table presents changes in the Other loans reserve for credit losses for the three and six months ended June 30, 2026 and 2025:
Table 3.3: Changes in Other Loans Reserve for Credit Losses
Three Months Ended June 30,Six Months Ended June 30,
(Millions)2026202520262025
Beginning reserves
$314 $244 $323 $194 
Provisions (a)
62 78 111 183 
Net write-offs (b)
Principal
(61)(48)(115)(101)
Interest and fees
(3)(3)(6)(5)
Other
— 1 — 1 
Ending reserves
$312 $272 $312 $272 
(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 $11 million and $8 million for the three months ended June 30, 2026 and 2025, respectively, and $20 million and $15 million for the six months ended June 30, 2026 and 2025, respectively. Recoveries of interest and fees were not significant.