AMERICAN EXPRESS CO
For the period ended Dec 31, 2025. Filed Feb 6, 2026.
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FY2025 · Filed Feb 6, 2026
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– Changes in Accumulated Other Comprehensive Income(Loss)
NOTE 16
CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
AOCI is a balance sheet item in Shareholders’ equity on the Consolidated Balance Sheets. It is comprised of items that have not been recognized in earnings but may be recognized in earnings in the future when certain events occur. Changes in each component for the three years ended December 31 were as follows:
TABLE 16.1: CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
| As of or for the years ended December 31, | ||||||||
|---|---|---|---|---|---|---|---|---|
| (Millions), net of tax · 2025 · 2024 · 2023 · 2022 | ||||||||
| Ending Balance · Net Change · Ending Balance · Net Change · Ending Balance · Net Change · Ending Balance | ||||||||
| Net Unrealized Gains (Losses) on DebtSecurities | $(4) | $5 | $(9) | $5 | $(14) | $50 | $(64) | |
| Foreign Currency Translation Adjustment Gains (Losses), Net of Hedges (a) | (2,783) | 141 | (2,924) | (353) | (2,571) | 51 | (2,622) | |
| Net Unrealized Pension and Other Postretirement Benefit Gains (Losses) | (490) | (28) | (462) | 25 | (487) | 37 | (524) | |
| Accumulated Other Comprehensive Income (Loss) | $(3,277) | $118 | $(3,395) | $(323) | $(3,072) | $138 | $(3,210) | |
(a)Refer to Note 13 for additional information on hedging activity.
The following table shows the tax impact for the years ended December 31 for the changes in each component of AOCI presented above:
TABLE 16.2: TAX IMPACT FOR CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
| Tax expense (benefit) | |||
|---|---|---|---|
| (Millions) | 2025 | 2024 | 2023 |
| Net unrealized gains on debt securities | $1 | $2 | $16 |
| Foreign currency translation adjustment, net of hedges | (258) | 205 | (158) |
| Pension and other postretirement benefits | (33) | 11 | (3) |
| Total tax impact | $(290) | $218 | $(145) |
Reclassifications out of AOCI into the Consolidated Statements of Income, net of taxes, for the years ended December 31, 2025, 2024 and 2023 werenot significant.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.