Common shares, par value (in dollars per share)

[Table of Contents](#ic7e3673361244088a1286bec3e4529bf_7)  
AMERICAN EXPRESS COMPANYCONSOLIDATED BALANCE SHEETS(Unaudited)

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (Millions, except share data) |  | March 31,2022 |  | December 31,2021 |
| Assets |  |  |  |  |
| Cash and cash equivalents |  |  |  |  |
| Cash and due from banks (includes restricted cash of consolidated variable interest entities: 2022, $8; 2021, $11) |  | $ | 3,011  |  |  | $ | 1,292  |  |
| Interest-bearing deposits in other banks (includes securities purchased under resale agreements: 2022, $476; 2021, $463) |  | 22,896  |  |  | 20,548  |  |
| Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2022, $1,745; 2021, $32) |  | 1,771  |  |  | 188  |  |
| Total cash and cash equivalents |  | 27,678  |  |  | 22,028  |  |
| Card Member receivables (includes gross receivables available to settle obligations of a consolidated variable interest entity: 2022, $5,640; 2021, $5,175), less reserves for credit losses: 2022, $76; 2021, $64 |  | 53,088  |  |  | 53,581  |  |
| Card Member loans (includes gross loans available to settle obligations of a consolidated variable interest entity: 2022, $26,017; 2021, $26,587), less reserves for credit losses: 2022, $2,981; 2021, $3,305 |  | 85,851  |  |  | 85,257  |  |
| Other loans, less reserves for credit losses: 2022, $48; 2021, $52 |  | 3,264  |  |  | 2,859  |  |
| Investment securities |  | 4,058  |  |  | 2,591  |  |
| Premises and equipment, less accumulated depreciation and amortization: 2022, $8,907; 2021, $8,602 |  | 5,046  |  |  | 4,988  |  |
| Other assets, less reserves for credit losses: 2022, $22; 2021, $25 |  | 16,877  |  |  | 17,244  |  |
| Total assets |  | $ | 195,862  |  |  | $ | 188,548  |  |
| Liabilities and Shareholders’ Equity |  |  |  |  |
| Liabilities |  |  |  |  |
| Customer deposits |  | $ | 90,917  |  |  | $ | 84,382  |  |
| Accounts payable |  | 11,196  |  |  | 10,574  |  |
| Short-term borrowings |  | 2,122  |  |  | 2,243  |  |
| Long-term debt (includes debt issued by consolidated variable interest entities: 2022, $11,788; 2021, $13,803) |  | 38,337  |  |  | 38,675  |  |
| Other liabilities |  | 30,907  |  |  | 30,497  |  |
| Total liabilities |  | $ | 173,479  |  |  | $ | 166,371  |  |
| Contingencies (Note 7) |  |  |  |  |
| Shareholders’ Equity |  |  |  |  |
| Preferred shares, $1.662/3 par value, authorized 20 million shares; issued and outstanding 1,600 shares as of March 31, 2022 and December 31, 2021 |  | —  |  |  | —  |  |
| Common shares, $0.20 par value, authorized 3.6 billion shares; issued and outstanding 755 million shares as of March 31, 2022 and 761 million shares as of December 31, 2021 |  | 151  |  |  | 153  |  |
| Additional paid-in capital |  | 11,451  |  |  | 11,495  |  |
| Retained earnings |  | 13,754  |  |  | 13,474  |  |
| Accumulated other comprehensive income (loss) |  | (2,973) |  |  | (2,945) |  |
|  |  |  |  |  |
|  |  |  |  |  |
|  |  |  |  |  |
|  |  |  |  |  |
| Total shareholders’ equity |  | 22,383  |  |  | 22,177  |  |
| Total liabilities and shareholders’ equity |  | $ | 195,862  |  |  | $ | 188,548  |  |

   
See Notes to Consolidated Financial Statements.36
