2021 Q4 Form 10-Q Financial Statement

#000139361221000043 Filed on October 28, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $2.674B $2.681B
YoY Change -0.26% -11.81%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $121.0M $111.0M
YoY Change 9.01% 15.63%
% of Gross Profit
Depreciation & Amortization $144.0M $139.0M $116.0M
YoY Change 17.07% 19.83% 2.65%
% of Gross Profit
Operating Expenses $121.0M $111.0M
YoY Change 9.01% 15.63%
Operating Profit
YoY Change
Interest Expense $269.0M $416.0M
YoY Change -35.34% -34.8%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $1.361B $1.402B $959.0M
YoY Change 34.09% 46.19% -3.52%
Income Tax $294.0M $311.0M $188.0M
% Of Pretax Income 21.6% 22.18% 19.6%
Net Earnings $1.067B $1.091B $771.0M
YoY Change 33.54% 41.5% 0.13%
Net Earnings / Revenue 40.8% 28.76%
Basic Earnings Per Share $3.54 $2.45
Diluted Earnings Per Share $3.667M $3.54 $2.45
COMMON SHARES
Basic Shares Outstanding 293.1M shares 298.0M shares 306.0M shares
Diluted Shares Outstanding 298.0M shares 306.0M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.65B $20.73B $30.37B
YoY Change -33.32% -31.74% 81.58%
Cash & Equivalents $8.750B $12.72B $9.513B
Short-Term Investments $6.904B $8.014B $20.85B
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $983.0M $987.0M $1.121B
YoY Change -4.28% -11.95% 9.05%
Goodwill $255.0M $255.0M $255.0M
YoY Change 0.0% 0.0% 0.0%
Intangibles $0.00 $1.000M $95.00M
YoY Change -100.0% -98.95% -40.25%
Long-Term Investments $388.0M $366.0M $323.0M
YoY Change 9.92% 13.31% 0.62%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $110.2B $108.5B $124.3B
YoY Change -2.34% -12.71% 12.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $4.214B $4.203B $3.541B
YoY Change 9.17% 18.7% -1.47%
Deferred Revenue
YoY Change
Short-Term Debt $1.750B $10.70B
YoY Change
Long-Term Debt Due $5.185B $0.00 $550.0M
YoY Change 22.95% -100.0% 175.0%
Total Short-Term Liabilities $9.399B $4.203B $4.091B
YoY Change 16.37% 2.74% 7.83%
LONG-TERM LIABILITIES
Long-Term Debt $13.29B $18.52B $21.29B
YoY Change -21.92% -13.03% -12.22%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $13.29B $18.52B $21.29B
YoY Change -21.92% -13.03% -12.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.399B $4.203B $4.091B
Total Long-Term Liabilities $13.29B $18.52B $21.29B
Total Liabilities $96.83B $95.28B $114.1B
YoY Change -5.07% -16.49% 15.17%
SHAREHOLDERS EQUITY
Retained Earnings $24.77B $23.85B $19.29B
YoY Change 24.11% 23.61% -6.89%
Common Stock $6.000M $6.000M $6.000M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $16.70B $15.92B $14.43B
YoY Change 15.66% 10.34% 5.44%
Treasury Stock Shares 280.5M shares 274.0M shares 261.2M shares
Shareholders Equity $13.41B $13.26B $10.25B
YoY Change
Total Liabilities & Shareholders Equity $110.2B $108.5B $124.3B
YoY Change -2.34% -12.71% 12.24%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $1.067B $1.091B $771.0M
YoY Change 33.54% 41.5% 0.13%
Depreciation, Depletion And Amortization $144.0M $139.0M $116.0M
YoY Change 17.07% 19.83% 2.65%
Cash From Operating Activities $1.342B $1.621B $1.296B
YoY Change -17.82% 25.08% 58.24%
INVESTING ACTIVITIES
Capital Expenditures -$48.00M -$49.00M -$53.00M
YoY Change -12.73% -7.55% -13.11%
Acquisitions
YoY Change
Other Investing Activities -$3.343B -$1.461B -$5.522B
YoY Change -189.12% -73.54% -7.49%
Cash From Investing Activities -$3.391B -$1.510B -$5.575B
YoY Change -191.75% -72.91% -7.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 633.0M -3.731B -799.0M
YoY Change -134.61% 366.96% 2563.33%
NET CHANGE
Cash From Operating Activities 1.342B 1.621B 1.296B
Cash From Investing Activities -3.391B -1.510B -5.575B
Cash From Financing Activities 633.0M -3.731B -799.0M
Net Change In Cash -1.416B -3.620B -5.078B
YoY Change -140.46% -28.71% -3.11%
FREE CASH FLOW
Cash From Operating Activities $1.342B $1.621B $1.296B
Capital Expenditures -$48.00M -$49.00M -$53.00M
Free Cash Flow $1.390B $1.670B $1.349B
YoY Change -17.65% 23.8% 53.3%

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us-gaap Equity Securities Fv Ni Unrealized Gain Loss
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us-gaap Equity Securities Fv Ni Unrealized Gain Loss
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CY2021Q3 us-gaap Equity Securities Fv Ni Realized Gain Loss
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CY2020Q3 us-gaap Equity Securities Fv Ni Realized Gain Loss
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us-gaap Equity Securities Fv Ni Realized Gain Loss
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us-gaap Equity Securities Fv Ni Realized Gain Loss
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us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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CY2021Q3 us-gaap Net Income Loss
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CY2020Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2020Q3 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2021Q3 us-gaap Earnings Per Share Diluted
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CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.45
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2021Q3 us-gaap Net Income Loss
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CY2020Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2020Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
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CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
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CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
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CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
212000000 USD
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2020Q2 us-gaap Stockholders Equity
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CY2020Q3 us-gaap Net Income Loss
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CY2020Q3 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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CY2020Q3 us-gaap Dividends Common Stock
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CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q3 us-gaap Net Income Loss
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CY2021Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
815000000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Employee Benefit Plan
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CY2021Q3 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
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CY2021Q3 us-gaap Dividends Common Stock
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CY2021Q3 us-gaap Stockholders Equity
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CY2019Q4 us-gaap Stockholders Equity
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us-gaap Net Income Loss
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Treasury Stock Value Acquired Cost Method
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343000000 USD
us-gaap Stock Issued During Period Value Employee Benefit Plan
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us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.32
us-gaap Dividends Common Stock
DividendsCommonStock
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CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Net Income Loss
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Treasury Stock Value Acquired Cost Method
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us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
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us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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us-gaap Dividends Common Stock
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CY2021Q3 us-gaap Stockholders Equity
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Provision For Loan Lease And Other Losses
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us-gaap Provision For Loan Lease And Other Losses
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Other Depreciation And Amortization
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us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
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dfs Amortizationofdeferredrevenuesandaccretionofaccretableyieldonacquiredloans
Amortizationofdeferredrevenuesandaccretionofaccretableyieldonacquiredloans
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dfs Amortizationofdeferredrevenuesandaccretionofaccretableyieldonacquiredloans
Amortizationofdeferredrevenuesandaccretionofaccretableyieldonacquiredloans
245000000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
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us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
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us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
227000000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
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us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
273000000 USD
us-gaap Increase Decrease In Other Operating Assets
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us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
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us-gaap Increase Decrease In Other Operating Liabilities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Proceeds From Sale And Maturity Of Other Investments
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us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
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us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
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us-gaap Payments To Acquire Short Term Investments
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us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
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us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
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us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
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us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
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us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
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us-gaap Payments To Acquire Held To Maturity Securities
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us-gaap Payments For Proceeds From Loans Receivable
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us-gaap Payments For Proceeds From Loans Receivable
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us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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us-gaap Proceeds From Sale And Maturity Of Other Investments
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us-gaap Payments To Acquire Other Investments
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us-gaap Payments To Acquire Other Investments
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Issuance Of Secured Debt
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us-gaap Repayments Of Secured Debt
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us-gaap Repayments Of Secured Debt
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us-gaap Proceeds From Issuance Of Unsecured Debt
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us-gaap Proceeds From Issuance Of Unsecured Debt
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us-gaap Repayments Of Unsecured Debt
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us-gaap Repayments Of Unsecured Debt
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us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Increase Decrease In Deposits
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us-gaap Increase Decrease In Deposits
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
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us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
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us-gaap Payments Of Ordinary Dividends
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us-gaap Payments Of Ordinary Dividends
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2020Q3 us-gaap Restricted Cash And Cash Equivalents
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CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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10089000000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
us-gaap Use Of Estimates
UseOfEstimates
The preparation of financial statements in conformity with GAAP requires the Company to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and related disclosures. These estimates are based on information available as of the date of the condensed consolidated financial statements. The Company believes that the estimates used in the preparation of the condensed consolidated financial statements are reasonable. Actual results could differ from these estimates.
CY2021Q3 us-gaap Other Short Term Investments
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CY2020Q4 us-gaap Other Short Term Investments
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225000000 USD
CY2021Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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CY2021Q3 us-gaap Available For Sale Securities Debt Securities
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377000000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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CY2020Q4 us-gaap Available For Sale Securities Debt Securities
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CY2020Q4 us-gaap Held To Maturity Securities
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CY2020Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
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us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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CY2020Q3 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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CY2020Q3 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
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us-gaap Debt Securities Available For Sale Realized Gain Loss
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CY2021Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
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CY2021Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
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CY2021Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
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CY2021Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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CY2021Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
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CY2021Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
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CY2021Q3 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
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CY2021Q3 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
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CY2021Q3 us-gaap Held To Maturity Securities
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CY2021Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
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CY2021Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
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CY2021Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
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CY2021Q3 us-gaap Available For Sale Securities Debt Securities
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CY2021Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
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CY2021Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
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CY2021Q3 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
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CY2021Q3 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
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CY2021Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
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CY2021Q3 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
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us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
562000000 USD
CY2020Q3 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
0 USD
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
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dfs Loan Portfolio Segments
LoanPortfolioSegments
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dfs Loan Portfolio Segments
LoanPortfolioSegments
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CY2021Q3 us-gaap Notes Receivable Gross
NotesReceivableGross
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CY2020Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
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CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6861000000 USD
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
8226000000 USD
CY2021Q3 us-gaap Notes Receivable Net
NotesReceivableNet
82681000000 USD
CY2020Q4 us-gaap Notes Receivable Net
NotesReceivableNet
82223000000 USD
CY2021Q3 dfs Revolving Lineof Credit Arrangement Convertedto Term Loanthrough Loan Modification Program Ending Balance
RevolvingLineofCreditArrangementConvertedtoTermLoanthroughLoanModificationProgramEndingBalance
881000000 USD
CY2020Q4 dfs Revolving Lineof Credit Arrangement Convertedto Term Loanthrough Loan Modification Program Ending Balance
RevolvingLineofCreditArrangementConvertedtoTermLoanthroughLoanModificationProgramEndingBalance
1000000000 USD
CY2021Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
7026000000 USD
CY2021Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
160000000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
556000000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
231000000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
325000000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6861000000 USD
CY2020Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
8184000000 USD
CY2020Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
710000000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
842000000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
174000000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
668000000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
8226000000 USD
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
8226000000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-47000000 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1991000000 USD
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
673000000 USD
us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
1318000000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6861000000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
3383000000 USD
CY2020Q1 dfs Cumulative Effectof Asu No.201613 Adoption
CumulativeEffectofASUNo.201613Adoption
2461000000 USD
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5844000000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
4586000000 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
2767000000 USD
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
563000000 USD
us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
2204000000 USD
CY2020Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
8226000000 USD
CY2021Q3 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
25000000 USD
CY2020Q3 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
40000000 USD
us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
2000000 USD
us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
17000000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
6900000000 USD
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
-165000000 USD
us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
-1400000000 USD
CY2021Q3 dfs Expected Future Peak Unemployment Rate
ExpectedFuturePeakUnemploymentRate
0.061
CY2021Q3 dfs Expected Eoy Unemployment Rate
ExpectedEOYUnemploymentRate
0.055
CY2021Q3 dfs Expected Eoy2 Unemployment Rate
ExpectedEOY2UnemploymentRate
0.040
CY2021Q3 dfs Expected Eoy Annualized Increase In Gdp
ExpectedEOYAnnualizedIncreaseInGDP
0.064
CY2021Q3 dfs Expected Eoy2 Annualized Increase In Gdp
ExpectedEOY2AnnualizedIncreaseInGDP
0.035
CY2020Q4 dfs Financing Receivable Allowancefor Credit Loss Reasonableand Supportable Forecast Period
FinancingReceivableAllowanceforCreditLossReasonableandSupportableForecastPeriod
P18M
CY2020Q2 dfs Financing Receivable Allowancefor Credit Loss Reasonableand Supportable Forecast Period
FinancingReceivableAllowanceforCreditLossReasonableandSupportableForecastPeriod
P18M
CY2021Q1 dfs Financing Receivable Allowancefor Credit Loss Reasonableand Supportable Forecast Period
FinancingReceivableAllowanceforCreditLossReasonableandSupportableForecastPeriod
P18M
CY2021Q2 dfs Financing Receivable Allowancefor Credit Loss Reasonableand Supportable Forecast Period
FinancingReceivableAllowanceforCreditLossReasonableandSupportableForecastPeriod
P18M
CY2020Q3 dfs Financing Receivable Allowancefor Credit Loss Reasonableand Supportable Forecast Period
FinancingReceivableAllowanceforCreditLossReasonableandSupportableForecastPeriod
P18M
CY2021Q3 dfs Financing Receivable Allowancefor Credit Loss Reasonableand Supportable Forecast Period
FinancingReceivableAllowanceforCreditLossReasonableandSupportableForecastPeriod
P18M
CY2020Q1 dfs Financing Receivable Allowancefor Credit Loss Reasonableand Supportable Forecast Period
FinancingReceivableAllowanceforCreditLossReasonableandSupportableForecastPeriod
P12M
dfs Financing Receivable Allowancefor Credit Loss Reversion Period
FinancingReceivableAllowanceforCreditLossReversionPeriod
P12M
dfs Financing Receivable Allowancefor Credit Loss Reversion Period
FinancingReceivableAllowanceforCreditLossReversionPeriod
P12M
CY2021Q3 dfs Interest And Fees Accrued Subsequently Charged Off Net Of Recoveries
InterestAndFeesAccruedSubsequentlyChargedOffNetOfRecoveries
57000000 USD
CY2020Q3 dfs Interest And Fees Accrued Subsequently Charged Off Net Of Recoveries
InterestAndFeesAccruedSubsequentlyChargedOffNetOfRecoveries
114000000 USD
dfs Interest And Fees Accrued Subsequently Charged Off Net Of Recoveries
InterestAndFeesAccruedSubsequentlyChargedOffNetOfRecoveries
232000000 USD
dfs Interest And Fees Accrued Subsequently Charged Off Net Of Recoveries
InterestAndFeesAccruedSubsequentlyChargedOffNetOfRecoveries
393000000 USD
CY2021Q3 dfs Fees Accrued Subsequently Charged Off Net Of Recoveries
FeesAccruedSubsequentlyChargedOffNetOfRecoveries
15000000 USD
CY2020Q3 dfs Fees Accrued Subsequently Charged Off Net Of Recoveries
FeesAccruedSubsequentlyChargedOffNetOfRecoveries
27000000 USD
dfs Fees Accrued Subsequently Charged Off Net Of Recoveries
FeesAccruedSubsequentlyChargedOffNetOfRecoveries
59000000 USD
dfs Fees Accrued Subsequently Charged Off Net Of Recoveries
FeesAccruedSubsequentlyChargedOffNetOfRecoveries
95000000 USD
CY2021Q3 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
479000000 USD
CY2021Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
232000000 USD
CY2020Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
737000000 USD
CY2020Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
243000000 USD
CY2021Q3 dfs Percentage Of Defaulted Loans That Charged Off
PercentageOfDefaultedLoansThatChargedOff
0.62
CY2020Q3 dfs Percentage Of Defaulted Loans That Charged Off
PercentageOfDefaultedLoansThatChargedOff
0.65
dfs Percentage Of Defaulted Loans That Charged Off
PercentageOfDefaultedLoansThatChargedOff
0.66
dfs Percentage Of Defaulted Loans That Charged Off
PercentageOfDefaultedLoansThatChargedOff
0.52
dfs Deposits Source Channels
DepositsSourceChannels
2 channels
CY2021Q3 us-gaap Time Deposits Less Than100000
TimeDepositsLessThan100000
14592000000 USD
CY2020Q4 us-gaap Time Deposits Less Than100000
TimeDepositsLessThan100000
19105000000 USD
CY2021Q3 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
7239000000 USD
CY2020Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
9164000000 USD
CY2021Q3 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
49295000000 USD
CY2020Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
47426000000 USD
CY2021Q3 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
71126000000 USD
CY2020Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
75695000000 USD
CY2021Q3 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
2000000000 USD
CY2020Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
2600000000 USD
CY2021Q3 us-gaap Contractual Maturities Time Deposits100000 Or More Three Months Or Less
ContractualMaturitiesTimeDeposits100000OrMoreThreeMonthsOrLess
1458000000 USD
CY2021Q3 us-gaap Contractual Maturities Time Deposits100000 Or More Three Months Through Six Months
ContractualMaturitiesTimeDeposits100000OrMoreThreeMonthsThroughSixMonths
1640000000 USD
CY2021Q3 us-gaap Contractual Maturities Time Deposits100000 Or More Six Months Through12 Months
ContractualMaturitiesTimeDeposits100000OrMoreSixMonthsThrough12Months
2711000000 USD
CY2021Q3 us-gaap Contractual Maturities Time Deposits100000 Or More After12 Months
ContractualMaturitiesTimeDeposits100000OrMoreAfter12Months
1430000000 USD
CY2021Q3 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
7239000000 USD
CY2021Q3 us-gaap Time Deposit Maturities Remainder Of Fiscal Year
TimeDepositMaturitiesRemainderOfFiscalYear
4171000000 USD
CY2021Q3 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
11133000000 USD
CY2021Q3 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
2663000000 USD
CY2021Q3 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
1451000000 USD
CY2021Q3 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
870000000 USD
CY2021Q3 dfs Time Deposit Maturities After Year Four
TimeDepositMaturitiesAfterYearFour
1543000000 USD
CY2021Q3 us-gaap Time Deposits
TimeDeposits
21831000000 USD
CY2021Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
18516000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
21241000000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
0 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
5188000000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
3324000000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
3738000000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
529000000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
5737000000 USD
CY2021Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
18516000000 USD
CY2021Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-38000000 USD
CY2021Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-9000000 USD
CY2021Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-29000000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-38000000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-9000000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-29000000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
0 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
-1000000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
1000000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
0 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
-1000000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
1000000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
0 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
0 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
0 USD
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-42000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-10000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-32000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-42000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-10000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-32000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-4000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
-1000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-3000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
4000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
1000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
3000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-152000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-37000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-115000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-152000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-37000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-115000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
0 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
-1000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
1000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-2000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
-1000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
2000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
0 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
2000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
275000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
67000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
208000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
275000000 USD
CY2020Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
15000000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
69000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
67000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
208000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-7000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
-3000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-4000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-11000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
-3000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-8000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
4000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
0 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
4000000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1402000000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
959000000 USD
us-gaap Net Income Loss
NetIncomeLoss
342000000 USD
CY2021Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
30000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5703000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
420000000 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
311000000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
188000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1321000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
78000000 USD
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.222
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.196
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.232
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.186
CY2021Q3 dfs Changein Income Tax Expense Benefit Amount
ChangeinIncomeTaxExpenseBenefitAmount
123000000 USD
dfs Changein Income Tax Expense Benefit Amount
ChangeinIncomeTaxExpenseBenefitAmount
1200000000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
1091000000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
771000000 USD
us-gaap Net Income Loss
NetIncomeLoss
4382000000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
31000000 USD
CY2021Q3 dfs Net Income Loss Available To Common Stockholders Incl Participating Securities
NetIncomeLossAvailableToCommonStockholdersInclParticipatingSecurities
1061000000 USD
CY2020Q3 dfs Net Income Loss Available To Common Stockholders Incl Participating Securities
NetIncomeLossAvailableToCommonStockholdersInclParticipatingSecurities
756000000 USD
dfs Net Income Loss Available To Common Stockholders Incl Participating Securities
NetIncomeLossAvailableToCommonStockholdersInclParticipatingSecurities
4313000000 USD
dfs Net Income Loss Available To Common Stockholders Incl Participating Securities
NetIncomeLossAvailableToCommonStockholdersInclParticipatingSecurities
311000000 USD
CY2021Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
6000000 USD
CY2020Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
5000000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
24000000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
2000000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1055000000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1055000000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
751000000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
751000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
4289000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4289000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
309000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
309000000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
298000000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
306000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
303000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
307000000 shares
CY2021Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2020Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
298000000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
306000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
303000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
307000000 shares
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.54
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.45
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
14.17
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.00
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.54
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.45
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
14.16
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.00
CY2021Q3 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
80000000 USD
CY2021Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0 USD
CY2021Q3 dfs Settlement Withholdings And Escrow Deposits
SettlementWithholdingsAndEscrowDeposits
15000000 USD
CY2020Q4 dfs Settlement Withholdings And Escrow Deposits
SettlementWithholdingsAndEscrowDeposits
16000000 USD
CY2021Q3 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
51000000 USD
us-gaap Litigation Settlement Expense
LitigationSettlementExpense
54000000 USD
CY2021Q3 dfs Derivative Number Of Terminated Instruments Associated With Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
DerivativeNumberOfTerminatedInstrumentsAssociatedWithCashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
1 transactions
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1000000 USD
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
0 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1000000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
0 USD
CY2021Q3 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
CY2021Q3 dfs Derivative Collateral Rightto Reclaim Cashand Securities
DerivativeCollateralRighttoReclaimCashandSecurities
0 USD
CY2020Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
CY2020Q4 dfs Derivative Collateral Rightto Reclaim Cashand Securities
DerivativeCollateralRighttoReclaimCashandSecurities
0 USD
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
1000000 USD
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
0 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
1000000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
0 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
2674000000 USD
CY2021Q3 us-gaap Interest Expense
InterestExpense
269000000 USD
CY2021Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
2405000000 USD
CY2021Q3 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
185000000 USD
CY2021Q3 us-gaap Noninterest Income
NoninterestIncome
372000000 USD
CY2021Q3 us-gaap Noninterest Expense
NoninterestExpense
1190000000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1402000000 USD
CY2020Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
2681000000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
416000000 USD
CY2020Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
2265000000 USD
CY2020Q3 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
750000000 USD
CY2020Q3 us-gaap Noninterest Income
NoninterestIncome
449000000 USD
CY2020Q3 us-gaap Noninterest Expense
NoninterestExpense
1005000000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
959000000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
7909000000 USD
us-gaap Interest Expense
InterestExpense
875000000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
7034000000 USD
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
-45000000 USD
us-gaap Noninterest Income
NoninterestIncome
2117000000 USD
us-gaap Noninterest Expense
NoninterestExpense
3493000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5703000000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
8335000000 USD
us-gaap Interest Expense
InterestExpense
1482000000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
6853000000 USD
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
4603000000 USD
us-gaap Noninterest Income
NoninterestIncome
1411000000 USD
us-gaap Noninterest Expense
NoninterestExpense
3241000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
420000000 USD
CY2021Q3 dfs Loanfeeincome
Loanfeeincome
121000000 USD
CY2021Q3 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-167000000 USD
CY2021Q3 dfs Noninterest Incomenot Subjectto Asc606
NoninterestIncomenotSubjecttoASC606
-46000000 USD
CY2021Q3 us-gaap Noninterest Income
NoninterestIncome
372000000 USD
CY2020Q3 dfs Loanfeeincome
Loanfeeincome
100000000 USD
CY2020Q3 dfs Noninterest Incomenot Subjectto Asc606
NoninterestIncomenotSubjecttoASC606
100000000 USD
CY2020Q3 us-gaap Noninterest Income
NoninterestIncome
449000000 USD
dfs Loanfeeincome
Loanfeeincome
333000000 USD
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
562000000 USD
dfs Noninterest Incomenot Subjectto Asc606
NoninterestIncomenotSubjecttoASC606
895000000 USD
us-gaap Noninterest Income
NoninterestIncome
2117000000 USD
dfs Loanfeeincome
Loanfeeincome
304000000 USD
us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
79000000 USD
dfs Noninterest Incomenot Subjectto Asc606
NoninterestIncomenotSubjecttoASC606
383000000 USD
us-gaap Noninterest Income
NoninterestIncome
1411000000 USD
CY2021Q3 dfs Customer Rewardsand Issuer Interchange
CustomerRewardsandIssuerInterchange
689000000 USD
CY2020Q3 dfs Customer Rewardsand Issuer Interchange
CustomerRewardsandIssuerInterchange
514000000 USD
dfs Customer Rewardsand Issuer Interchange
CustomerRewardsandIssuerInterchange
1800000000 USD
dfs Customer Rewardsand Issuer Interchange
CustomerRewardsandIssuerInterchange
1400000000 USD

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