American Express 2008 Annual Report Download - page 66

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index to consolidated financial statements
american express company
64
consolidated financial statements page
Consolidated Statements of Income – For the Years Ended December 31, 2008, 2007, and 2006 65
Consolidated Balance Sheets – December 31, 2008 and 2007 66
Consolidated Statements of Cash Flows – For the Years Ended December 31, 2008, 2007, and 2006 67
Consolidated Statements of Shareholders’ Equity – For the Years Ended December 31, 2008, 2007, and 2006 68
notes to consolidated financial statements
Note 1 – Summary of Significant Accounting Policies 69
Note 2 – Acquisitions, Divestitures, and Discontinued Operations 77
Note 3 – Accounts Receivable 80
Note 4 – Loans 80
Note 5 – Investment Securities 81
Note 6 – Asset Securitizations 84
Note 7 – Changes in Accumulated Other Comprehensive Income (Loss) 88
Note 8 – Other Assets 90
Note 9 – Customer Deposits 92
Note 10 – Debt 92
Note 11 – Other Liabilities 95
Note 12 – Common and Preferred Shares 95
Note 13 – Regulatory Matters and Capital Adequacy 95
Note 14 – Derivatives and Hedging Activities 97
Note 15 – Guarantees 99
Note 16 – Commitments and Contingencies 99
Note 17 – Fair Values of Financial Instruments 100
Note 18 – Significant Credit Concentrations 101
Note 19 – Stock Plans 102
Note 20 – Retirement Plans 104
Note 21 – Income Taxes 109
Note 22 – Earnings Per Common Share (EPS) 111
Note 23 – Details of Certain Consolidated Statements of Income Lines
Includes further details of:
112
> Other Commissions and Fees
> Other Revenues
> Marketing, Promotions, Rewards and Cardmember Services
> Other, Net Expenses
Note 24 – Reportable Operating Segments and Geographic Operations 112
Note 25 – Restructuring Charges 115
Note 26 – Parent Company 116
Note 27 – Subsequent Event 118
Note 28 – Quarterly Financial Data (Unaudited) 118