v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Cash and cash equivalents    
Cash and due from banks (includes restricted cash of consolidated variable interest entities: 2026, $4; 2025, nil) $ 3,453 $ 3,559
Interest-bearing deposits in other banks 41,469 43,491
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $73; 2025, $84) 321 742
Total cash and cash equivalents (includes restricted cash: 2026, $165; 2025, $169) 45,243 47,792
Investment securities 4,073 1,043
Premises and equipment, less accumulated depreciation and amortization: 2026, $12,858; 2025, $12,039 7,689 6,118
Other assets, less reserves for credit losses: 2026, $121; 2025, $86 26,143 24,263
Total assets 308,203 300,052
Liabilities    
Customer deposits 156,973 152,488
Accounts payable 15,441 14,700
Short-term borrowings 2,032 1,371
Long-term debt (includes debt issued by consolidated variable interest entities: 2026, $11,779; 2025, $13,022) 57,017 56,387
Other liabilities 42,460 41,632
Total liabilities 273,923 266,578
Contingencies (Note 7)
Shareholders’ Equity    
Preferred shares, $1.662/3 par value, authorized 20 million shares; issued and outstanding 1,600 shares as of June 30, 2026 and December 31, 2025 0 0
Common shares, $0.20 par value, authorized 3.6 billion shares; issued and outstanding 675 million shares as of June 30, 2026 and 686 million shares as of December 31, 2025 135 138
Additional paid-in capital 11,121 11,126
Retained earnings 26,379 25,487
Accumulated other comprehensive income (loss) (3,355) (3,277)
Total shareholders’ equity 34,280 33,474
Total liabilities and shareholders’ equity 308,203 300,052
Card Balances    
Cash and cash equivalents    
Financing receivables, net 212,188 207,774
Financing receivables held for sale 1,752 2,457
Other Loans    
Cash and cash equivalents    
Financing receivables, net $ 11,115 $ 10,605