American Express 2013 Annual Report Download - page 106

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AMERICAN EXPRESS COMPANY
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
GEOGRAPHIC OPERATIONS
The following table presents the Company’s total revenues net of interest expense and pretax income (loss) from continuing operations in
different geographic regions:
(Millions) U.S. EMEA(a) JAPA(a) LACC(a)
Other
Unallocated(b) Consolidated
2013(c)
Total revenues net of interest expense $ 23,745 $ 3,700 $2,952 $2,900 $ (323) $ 32,974
Pretax income (loss) from continuing operations 7,679 524 488 701 (1,504) 7,888
2012(c)
Total revenues net of interest expense $ 22,631 $ 3,594 $ 3,106 $ 2,774 $ (550) $ 31,555
Pretax income (loss) from continuing operations 6,468 505 426 605 (1,553) 6,451
2011(c)
Total revenues net of interest expense $ 21,254 $ 3,551 $ 3,071 $ 2,706 $ (620) $ 29,962
Pretax income (loss) from continuing operations 6,971 620 430 583 (1,648) 6,956
(a) EMEA represents Europe, the Middle East and Africa; JAPA represents Japan, Asia/Pacific and Australia; and LACC represents Latin America, Canada and the
Caribbean.
(b) Other Unallocated includes net costs which are not directly allocable to specific geographic regions, including costs related to the net negative interest spread on
excess liquidity funding and executive office operations expenses.
(c) The data in the above table is, in part, based upon internal allocations, which necessarily involve management’s judgment.
104