v3.24.4
Loan Receivables (Schedule of Delinquent and Non-Accruing Loans) (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Financing Receivable, Past Due [Line Items]      
Loan receivables $ 128,409 $ 112,120  
Loan receivables, 90 or more days delinquent and accruing 1,990 1,065  
Loan receivables, total non-accruing [1] 269 214  
30-89 Days Delinquent [Member]      
Financing Receivable, Past Due [Line Items]      
Loan receivables 2,382 1,477  
90 or More Days Delinquent [Member]      
Financing Receivable, Past Due [Line Items]      
Loan receivables 2,045 1,101  
Financial Asset, Past Due      
Financing Receivable, Past Due [Line Items]      
Loan receivables 4,427 2,578  
Credit Card Loans [Member]      
Financing Receivable, Past Due [Line Items]      
Loan receivables [2],[3] 102,259 90,113  
Loan receivables, 90 or more days delinquent and accruing 1,881 1,003  
Loan receivables, total non-accruing [1] 197 176  
Estimated gross interest income that would have been recorded based on original terms 37 23 $ 28
Credit Card Loans [Member] | 30-89 Days Delinquent [Member]      
Financing Receivable, Past Due [Line Items]      
Loan receivables, credit card 2,038 1,250  
Credit Card Loans [Member] | 90 or More Days Delinquent [Member]      
Financing Receivable, Past Due [Line Items]      
Loan receivables, credit card 1,917 1,028  
Credit Card Loans [Member] | Financial Asset, Past Due      
Financing Receivable, Past Due [Line Items]      
Loan receivables, credit card 3,955 2,278  
Total Other Loans [Member]      
Financing Receivable, Past Due [Line Items]      
Loan receivables [4] 26,150 22,007  
Loan receivables, 90 or more days delinquent and accruing 109 62  
Loan receivables, total non-accruing [1] 72 38  
Total Other Loans [Member] | 30-89 Days Delinquent [Member]      
Financing Receivable, Past Due [Line Items]      
Loan receivables 344 227  
Total Other Loans [Member] | 90 or More Days Delinquent [Member]      
Financing Receivable, Past Due [Line Items]      
Loan receivables 128 73  
Total Other Loans [Member] | Financial Asset, Past Due      
Financing Receivable, Past Due [Line Items]      
Loan receivables 472 300  
Total Other Loans [Member] | Private Student Loans [Member]      
Financing Receivable, Past Due [Line Items]      
Loan receivables [4],[5] 10,352 10,308  
Loan receivables, 90 or more days delinquent and accruing 69 45  
Loan receivables, total non-accruing [1] 8 8  
Total Other Loans [Member] | Private Student Loans [Member] | 30-89 Days Delinquent [Member]      
Financing Receivable, Past Due [Line Items]      
Loan receivables [6] 201 167  
Total Other Loans [Member] | Private Student Loans [Member] | 90 or More Days Delinquent [Member]      
Financing Receivable, Past Due [Line Items]      
Loan receivables [6] 70 45  
Total Other Loans [Member] | Private Student Loans [Member] | Financial Asset, Past Due      
Financing Receivable, Past Due [Line Items]      
Loan receivables 271 212  
Total Other Loans [Member] | Personal Loans [Member]      
Financing Receivable, Past Due [Line Items]      
Loan receivables [4] 9,852 7,998  
Loan receivables, 90 or more days delinquent and accruing 37 16  
Loan receivables, total non-accruing [1] 11 7  
Total Other Loans [Member] | Personal Loans [Member] | 30-89 Days Delinquent [Member]      
Financing Receivable, Past Due [Line Items]      
Loan receivables 104 47  
Total Other Loans [Member] | Personal Loans [Member] | 90 or More Days Delinquent [Member]      
Financing Receivable, Past Due [Line Items]      
Loan receivables 39 16  
Total Other Loans [Member] | Personal Loans [Member] | Financial Asset, Past Due      
Financing Receivable, Past Due [Line Items]      
Loan receivables 143 63  
Total Other Loans [Member] | Other Loans [Member]      
Financing Receivable, Past Due [Line Items]      
Loan receivables [4] 5,946 3,701  
Loan receivables, 90 or more days delinquent and accruing 3 1  
Loan receivables, total non-accruing [1] 53 23  
Total Other Loans [Member] | Other Loans [Member] | 30-89 Days Delinquent [Member]      
Financing Receivable, Past Due [Line Items]      
Loan receivables 39 13  
Total Other Loans [Member] | Other Loans [Member] | 90 or More Days Delinquent [Member]      
Financing Receivable, Past Due [Line Items]      
Loan receivables 19 12  
Total Other Loans [Member] | Other Loans [Member] | Financial Asset, Past Due      
Financing Receivable, Past Due [Line Items]      
Loan receivables $ 58 $ 25  
[1] The Company estimates that the gross interest income that would have been recorded under the original terms of non-accruing credit card loans was $37 million, $23 million and $28 million for the years ended December 31, 2023, 2022 and 2021, respectively. The Company does not separately track the amount of gross interest income that would have been recorded under the original terms of loans. Instead, the Company estimated this amount based on customers’ current balances and most recent interest rates.
[2] Amounts include carrying values of $14.8 billion and $13.5 billion underlying investors’ interest in trust debt at December 31, 2023 and 2022, respectively, and $15.6 billion and $12.2 billion in seller’s interest at December 31, 2023 and 2022, respectively. See Note 5: Credit Card and Private Student Loan Securitization Activities for additional information.
[3] Unbilled accrued interest receivable on credit card loans, which is presented as part of other assets in the Company’s consolidated statements of financial condition, was $753 million and $611 million at December 31, 2023 and 2022, respectively.
[4] Accrued interest receivable on private student, personal and other loans, which is presented as part of other assets in the Company’s consolidated statements of financial condition, was $522 million, $69 million and $21 million, respectively, at December 31, 2023 and $468 million, $49 million and $11 million, respectively, at December 31, 2022.
[5] Private student loans in repayment were $6.3 billion and $6.0 billion at December 31, 2023 and 2022, respectively.
[6] Private student loans may include a deferment period, during which borrowers are not required to make payments while enrolled in school at least half time as determined by the school. During a deferment period, these loans do not advance into delinquency.