American Express 2011 Annual Report Download - page 56
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AMERICAN EXPRESS COMPANY
INDEX TO CONSOLIDATED FINANCIAL STATEMENTS
CONSOLIDATED FINANCIAL STATEMENTS PAGE
Consolidated Statements of Income — For the Years Ended December 31, 2011, 2010 and 2009 55
Consolidated Balance Sheets — December 31, 2011 and 2010 56
Consolidated Statements of Cash Flows — For the Years Ended December 31, 2011, 2010 and 2009 57
Consolidated Statements of Shareholders’ Equity — For the Years Ended December 31, 2011, 2010 and 2009 58
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Note 1 — Summary of Significant Accounting Policies 59
Note 2 — Acquisitions 62
Note 3 — Fair Values 63
Note 4 — Accounts Receivable and Loans 65
Note 5 — Reserves for Losses 70
Note 6 — Investment Securities 72
Note 7 — Asset Securitizations 74
Note 8 — Other Assets 75
Note 9 — Customer Deposits 76
Note 10 — Debt 77
Note 11 — Other Liabilities 80
Note 12 — Derivatives and Hedging Activities 80
Note 13 — Guarantees 84
Note 14 — Common and Preferred Shares and Warrants 85
Note 15 — Changes in Accumulated Other Comprehensive (Loss) Income 86
Note 16 — Restructuring Charges 87
Note 17 — Income Taxes 88
Note 18 — Earnings Per Common Share 90
Note 19 — Details of Certain Consolidated Statements of Income Lines 91
Includes further details of:
폷Other Commissions and Fees
폷Other Revenues
폷Marketing, Promotion, Rewards and Cardmember Services
폷Other, Net Expenses
Note 20 — Stock Plans 91
Note 21 — Retirement Plans 93
Note 22 — Significant Credit Concentrations 98
Note 23 — Regulatory Matters and Capital Adequacy 99
Note 24 — Commitments and Contingencies 100
Note 25 — Reportable Operating Segments and Geographic Operations 101
Note 26 — Parent Company 104
Note 27 — Quarterly Financial Data (Unaudited) 106
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