v3.26.3
Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Interest income:        
Interest and fees on loans (Note 4) [1] $ 5,591 $ 5,510 $ 16,384 $ 16,150
Interest on cash and debt securities 197 221 590 717
Total interest income 5,788 5,731 16,974 16,867
Interest expense:        
Interest on deposits 767 812 2,304 2,549
Interest on senior and subordinated unsecured notes 106 94 295 300
Total interest expense 979 1,011 2,922 3,162
Net interest income 4,809 4,720 14,052 13,705
Retailer share arrangements (1,096) (1,024) (3,193) (2,911)
Provision for credit losses (Note 4) 1,266 1,146 3,802 3,783
Net interest income, after retailer share arrangements and provision for credit losses 2,447 2,550 7,057 7,011
Other income:        
Interchange revenue 302 272 866 778
Protection product revenue 168 149 490 440
Loyalty programs (439) (368) (1,236) (1,039)
Other 74 74 255 215
Total other income 105 127 375 394
Other expense:        
Employee costs 507 503 1,538 1,518
Professional fees 234 240 663 693
Marketing and business development 137 120 388 363
Information processing 260 226 770 660
Other 233 159 659 502
Total other expense 1,371 1,248 4,018 3,736
Earnings before provision for income taxes 1,181 1,429 3,414 3,669
Provision for income taxes (Note 13) 289 352 832 868
Net earnings 892 1,077 2,582 2,801
Net earnings available to common stockholders $ 864 $ 1,057 $ 2,512 $ 2,739
Earnings per share (Note 11)        
Basic (in usd per share) $ 2.71 $ 2.89 $ 7.59 $ 7.29
Diluted (in usd per share) $ 2.68 $ 2.86 $ 7.52 $ 7.22
Variable Interest Entity, Primary Beneficiary        
Interest income:        
Interest and fees on loans (Note 4) $ 1,146 $ 1,115 $ 3,415 $ 3,232
Interest expense:        
Interest on borrowings of consolidated securitization entities 106 105 323 313
Provision for credit losses (Note 4) $ 221 $ 140 $ 682 $ 602
[1] Deferred merchant discounts to be recognized in interest income at September 30, 2026 and December 31, 2025, were $1.8 billion for both periods, which are included in Accrued expenses and other liabilities in our Condensed Consolidated Statements of Financial Position.