Annual report pursuant to Section 13 and 15(d)

Performance by Geographical Area (Tables)

v3.20.4
Performance by Geographical Area (Tables)
12 Months Ended
Dec. 31, 2020
Segments, Geographical Areas [Abstract]  
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas Certain asset, liability, income and expense amounts have been allocated to arrive at total assets, total revenue, net of interest expense, income before income taxes and net income by geographic area as presented below.
(Dollars in millions)  
Total Assets at Year End (1)
Total Revenue, Net of Interest Expense (2)
Income Before Income Taxes Net Income
U.S. (3)
2020 $ 2,490,247  $ 75,576  $ 18,247  $ 16,692 
  2019 2,122,734  81,236  30,699  25,937 
  2018 80,777  31,904  26,407 
Asia 2020 99,283  4,232  1,051  788 
  2019 102,440  3,491  765  570 
  2018 3,507  865  520 
Europe, Middle East and Africa 2020 202,701  4,491  (596) 264 
  2019 178,889  5,310  921  672 
  2018 5,632  1,543  1,126 
Latin America and the Caribbean 2020 27,396  1,229  293  150 
  2019 30,016  1,207  369  251 
  2018 1,104  272  94 
Total Non-U.S.  2020 329,380  9,952  748  1,202 
  2019 311,345  10,008  2,055  1,493 
  2018 10,243  2,680  1,740 
Total Consolidated 2020 $ 2,819,627  $ 85,528  $ 18,995  $ 17,894 
  2019 2,434,079  91,244  32,754  27,430 
  2018 91,020  34,584  28,147 
(1)Total assets include long-lived assets, which are primarily located in the U.S.
(2)There were no material intercompany revenues between geographic regions for any of the periods presented.
(3)Substantially reflects the U.S.