10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
AMERICAN EXPRESS CO | ||
Ticker: AXP Fiscal Year: 2022 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2022 10-K (Filed: Feb 10, 2023) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2022 | Dec 31, 2021 | |
| Assets | ||
| Cash and cash equivalents | ||
| Cash and due from banks (includes restricted cash of consolidated variable interest entities: 2022, $5; 2021, $11) | $ 5,510 | 1,292 |
| Interest-bearing deposits in other banks (includes securities purchased under resale agreements: 2022, $318; 2021, $463) | 28,097 | 20,548 |
| Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2022, $54; 2021, $32) | 307 | 188 |
| Total cash and cash equivalents | 33,914 | 22,028 |
| Investment securities | 4,578 | 2,591 |
| Premises and equipment, less accumulated depreciation and amortization: 2022, $9,850; 2021, $8,602 | 5,215 | 4,988 |
| Other assets, less reserves for credit losses: 2022, $22; 2021, $25 | 17,689 | 17,244 |
| Total assets | 228,354 | 188,548 |
| Liabilities and Shareholders Equity | ||
| Liabilities | ||
| Customer deposits | 110,239 | 84,382 |
| Accounts payable | 12,133 | 10,574 |
| Short-term borrowings | 1,348 | 2,243 |
| Long-term debt (includes debt issued by consolidated variable interest entities: 2022, $12,662; 2021, $13,803) | 42,573 | 38,675 |
| Other liabilities | 37,350 | 30,497 |
| Total liabilities | 203,643 | 166,371 |
| Contingencies and Commitments (Note 12) | ||
| Shareholders Equity | ||
| Preferred shares, $1.662/3 par value, authorized 20 million shares; issued and outstanding 1,600 shares as of December 31, 2022 and 2021 (Note 16) | 0 | 0 |
| Common shares, $0.20 par value, authorized 3.6 billion shares; issued and outstanding 743 million shares as of December 31, 2022 and 761 million shares as of December 31, 2021 | 149 | 153 |
| Additional paid-in capital | 11,493 | 11,495 |
| Retained earnings | 16,279 | 13,474 |
| Accumulated other comprehensive income (loss) | (3,210) | (2,945) |
| Total shareholders equity | 24,711 | 22,177 |
| Total liabilities and shareholders equity | 228,354 | 188,548 |
| Class of Financing Receivable, Type | ||
| Card Member receivables | ||
| Financing receivables, net | 57,384 | 53,581 |
| Card Member loans | ||
| Financing receivables, net | 104,217 | 85,257 |
| Other | ||
| Financing receivables, net | 5,357 | 2,859 |
| External Links | |
| AMERICAN EXPRESS CO (AXP) Fiscal Year 2022 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |