← AMERICAN EXPRESS CO

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $5.4b $2.7b $6.9b $6.8b $3.1b $8.1b $7.5b $8.4b $10.1b $10.8b
Net Income (Loss) Available to Common Stockholders, Basic $5.4b $2.7b $6.8b $6.7b $3.1b $8.0b $7.5b $8.3b $10.1b $10.8b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $5.4b $2.7b — — — — — — — —
Amortization of Intangible Assets $194.0m $207.0m $212.0m $49.0m $54.0m $57.0m $51.0m $49.0m $46.0m $36.0m
Depreciation, Amortization and Accretion, Net $1.1b $1.3b $1.3b $1.2b $1.5b $1.7b $1.6b $1.7b $1.7b $1.8b
Deferred Income Tax Expense (Benefit) ($105.0m) $625.0m $300.0m ($151.0m) ($939.0m) $294.0m ($1.2b) ($1.3b) ($990.0m) ($542.0m)
Deferred taxes — — — ($151.0m) ($939.0m) $294.0m ($1.2b) ($1.3b) ($990.0m) ($542.0m)
Goodwill and Intangible Asset Impairment $0 — — — — — — — — —
Goodwill, Impairment Loss $1.0m — — — — — — $0 $0 $0
Share-based Payment Arrangement, Expense $252.0m $283.0m $288.0m $280.0m $247.0m $326.0m $373.0m $450.0m $508.0m $550.0m
Share-based Payment Arrangement, Noncash Expense $254.0m $282.0m $283.0m $283.0m $249.0m $330.0m $375.0m $450.0m $504.0m $551.0m
Equity Method Investment, Realized Gain (Loss) on Disposal $0 — — — — — — — — —
Gain (Loss) on Disposition of Business — — — — $1.0m — — — $531.0m $0
Income Tax Expense (Benefit) $2.7b $4.7b $1.2b $1.7b $1.2b $2.6b $2.1b $2.1b $2.8b $3.0b
Operating Lease, Expense — — — $151.0m $177.0m $161.0m $188.0m $164.0m $189.0m $179.0m
Changes in operating assets and liabilities:
Additional Financial Items
Accounts Receivable, Credit Loss Expense (Reversal) $696.0m $795.0m $937.0m $963.0m — — — — — —
Accounts payable & other liabilities $1.1b $5.5b ($4.1b) $1.8b ($2.0b) $5.4b $8.8b $5.1b ($2.9b) $3.6b
Acquisitions, net of cash acquired — — — — — — ($15.0m) ($64.0m) ($454.0m) ($633.0m)
Dispositions, net of cash disposed — — — — — — $0 $0 $594.0m $0
Financing Receivable, Credit Loss, Expense (Reversal) — — — — $4.7b ($1.4b) $2.2b $4.9b $5.2b $5.3b
Foreign Currency Transaction Gain (Loss), before Tax $18.0m $9.0m — — — — — — — —
Goodwill $2.9b $3.0b $3.1b $3.3b $3.9b $3.8b $3.8b $3.9b $4.2b $4.9b
Increase (Decrease) in Other Operating Assets ($192.0m) $62.0m ($743.0m) $368.0m $1.8b ($1.1b) ($1.4b) $1.2b ($1.0b) $2.8b
Issuance of American Express common shares $177.0m $129.0m $87.0m $86.0m $44.0m $64.0m $56.0m $28.0m $100.0m $57.0m
Net (decrease) increase in short-term borrowings $888.0m ($2.3b) ($148.0m) $3.3b ($4.6b) $461.0m ($706.0m) ($105.0m) $207.0m ($27.0m)
Net increase in customer deposits ($1.9b) $11.4b $5.5b $3.3b $13.5b ($2.5b) $25.9b $18.9b $10.3b $13.0b
Net increase in loans and Card Member receivables, including Card Member loans held for sale — — — — — ($27.6b) ($29.6b) ($25.1b) ($23.3b) ($19.6b)
Originations of loans held for sale — — — — — — — ($54.0m) $0 ($74.0m)
Other assets $192.0m ($62.0m) $743.0m ($368.0m) ($1.8b) $1.1b $1.4b ($1.2b) $1.0b ($2.8b)
Other items ($1.1b) $783.0m $455.0m $426.0m ($256.0m) ($772.0m) $365.0m $664.0m ($564.0m) ($237.0m)
Proceeds from sales of loans held for sale — — — — $0 $0 $277.0m $59.0m $0 $0
Provision for Loan, Lease, and Other Losses $2.0b $2.8b $3.4b $3.6b — — — — — —
Provisions for credit losses — — $3.4b $3.6b $4.7b ($1.4b) $2.2b $4.9b $5.2b $5.3b
Repurchase of American Express common shares and other ($4.4b) ($4.3b) ($1.7b) ($4.7b) ($1.0b) ($7.7b) ($3.5b) ($3.6b) ($6.0b) ($5.8b)
Revenue from Contract with Customer, Including Assessed Tax — — $26.6b — — — — — — —
Stock-based compensation $254.0m $282.0m $283.0m $283.0m $249.0m $330.0m $375.0m $450.0m $504.0m $551.0m
Net Cash Provided by (Used in) Operating Activities $8.2b $13.5b $8.9b $13.6b $5.6b $14.6b $21.1b $18.6b $14.1b $18.4b
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $1.4b $1.1b $1.3b $1.6b $1.5b $1.6b $1.9b $1.6b $1.9b $2.4b
Payments to Acquire Businesses, Net of Cash Acquired — — — — — — — — $454.0m $633.0m
Payments to Acquire Investments $2.2b $2.6b $5.4b $11.2b $20.6b $1.5b $4.2b $1.6b $1.6b $1.8b
Purchase of investments ($2.2b) ($2.6b) ($5.4b) ($11.2b) ($20.6b) ($1.5b) ($4.2b) ($1.6b) ($1.6b) ($1.8b)
Maturities and redemptions of investments $2.4b $2.5b $3.5b $7.3b $7.2b $20.0b $1.9b $3.9b $2.2b $1.5b
Sale of investments — $2.0m $4.0m $22.0m $69.0m $62.0m $26.0m $2.0m $42.0m $47.0m
Payments for (Proceeds from) Other Investing Activities — — — ($152.0m) ($135.0m) $0 $0 — — —
Net Cash Provided by (Used in) Investing Activities $1.9b ($18.2b) ($19.6b) ($16.7b) $11.6b ($10.5b) ($33.7b) ($24.4b) ($24.4b) ($22.9b)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $8.8b $32.8b $21.5b $12.7b $69.0m $7.8b $23.2b $15.7b $12.6b $24.4b
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $2.4b $2.5b $3.5b $7.3b $7.2b $20.0b $1.9b $3.9b $2.2b $1.5b
Proceeds from long-term debt $8.8b $32.8b $21.5b $12.7b $69.0m $7.8b $23.2b $15.7b $12.6b $24.4b
Payments of long-term debt ($9.8b) ($24.1b) ($18.9b) ($13.8b) ($15.6b) ($11.7b) ($18.9b) ($10.7b) ($10.8b) ($18.2b)
Repayments of Long-term Debt $9.8b $24.1b $18.9b $13.8b $15.6b $11.7b $18.9b $10.7b $10.8b $18.2b
Proceeds from Issuance of Common Stock $177.0m $129.0m $87.0m $86.0m $44.0m $64.0m $56.0m $28.0m $100.0m $57.0m
Payments for Repurchase of Common Stock $4.4b $4.3b $1.6b — — — $3.5b $3.6b $6.0b $5.8b
Dividends paid $1.2b $1.3b $1.3b $1.4b $1.5b $1.4b $1.6b $1.8b $2.0b $2.3b
Payments of Dividends $1.2b $1.3b $1.3b $1.4b $1.5b $1.4b $1.6b $1.8b $2.0b $2.3b
Net Cash Provided by (Used in) Financing Activities ($7.6b) $12.2b $5.1b ($519.0m) ($9.1b) ($14.9b) $24.5b $18.4b $4.4b $11.2b
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($114.0m) $207.0m $129.0m $232.0m $364.0m ($120.0m) ($13.0m) $177.0m ($40.0m) $405.0m
Effect of foreign currency exchange rates on cash and cash equivalents ($114.0m) $207.0m $129.0m $232.0m $364.0m ($120.0m) ($13.0m) $177.0m ($40.0m) $405.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($114.0m) $207.0m $129.0m ($3.4b) $8.5b ($10.9b) $11.9b $12.7b ($6.0b) $7.2b
Net increase (decrease) in cash and cash equivalents $2.4b $7.7b ($5.5b) ($3.4b) $8.5b ($10.9b) $11.9b $12.7b ($6.0b) $7.2b
Cash and cash equivalents at beginning of year $22.8b $25.2b $27.8b $24.4b $33.0b $22.0b $33.9b $46.6b $40.6b $47.8b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $27.8b $24.4b $33.0b $22.0b $33.9b $46.6b $40.6b $47.8b
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — — — — — — $6.4b $8.2b $8.0b
Income Taxes Paid, Net $3.0b $1.4b $2.0b $1.7b $2.2b $1.6b $3.0b $3.3b $3.6b $3.2b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.