01—Abstract
Summary
Summary of the 10-Q/A filed September 2, 2009. Cited figures are marked; the original filing is the authoritative source.
This filing is an amendment (10-Q/A) to American Express Company's (AXP) Quarterly Report for the period ended June 30, 2009.
The primary purpose of this amendment is to provide Exhibit 101, which contains financial data from the original 10-Q formatted in eXtensible Business Reporting Language (XBRL). No substantive changes or updates to the financial performance or business operations disclosed in the original Form 10-Q have been made in this amendment. Investors should refer to the original Form 10-Q filed on August 3, 2009, for financial and operational details.
As this is an amendment solely for XBRL exhibit submission, it does not introduce new financial information or alter the previously reported results for the quarter ended June 30, 2009. The amendment explicitly states that it speaks as of the original filing date and does not modify or update any disclosures. Therefore, any analysis of AXP's performance during this period should be based on the information presented in the initial Form 10-Q filing.
02—Key points
Key Highlights
- This is an Amendment No. 1 to the Form 10-Q for the quarter ended June 30, 2009.
- The amendment's sole purpose is to furnish Exhibit 101, which includes XBRL-formatted financial data.
- No substantive changes or updates to the previously reported financial information in the original 10-Q have been made.
- The filing does not alter or modify disclosures made in the original Form 10-Q.
- This amendment speaks as of the original filing date (August 3, 2009) and does not provide new information.
- American Express Company is classified as a large accelerated filer.
- The total number of outstanding common shares as of July 23, 2009, was 1,189,201,513.
03—One dollar
04—Financials
Financial Highlights
Figures from 10-Q/AQ2 FY2009filed September 2, 2009Financial Statements
Q2 FY2009 against Q2 FY2008
| Line item | Q2 FY2009Q2 FY2008 | Change |
|---|---|---|
| Operating Income | $418.00M$774.00M | −46.0% |
| Interest Expense | $547.00M$903.00M | −39.4% |
| Net Income | $337.00M$653.00M | −48.4% |
| EPS (Basic) | $0.09$0.56 | −83.9% |
| EPS (Diluted) | $0.09$0.56 | −83.9% |
| Shares Outstanding (Basic) | 1.16B1.15B | +0.7% |
| Shares Outstanding (Diluted) | 1.17B1.16B | +0.2% |
05—Questions
Frequently Asked Questions
What is the purpose of this Amendment No. 1 to the 10-Q filing?
The purpose of Amendment No. 1 is solely to provide Exhibit 101, which contains financial statements and notes formatted in eXtensible Business Reporting Language (XBRL), as required by SEC regulations. It does not introduce new financial information or change the previously reported results.
Does this amendment provide updated financial performance for American Express?
No, this amendment does not provide updated financial performance. It explicitly states that it speaks as of the original filing date and does not modify or update any disclosures made in the original Form 10-Q filed on August 3, 2009. Investors should refer to the original filing for performance details.
Where can I find the actual financial results for American Express for the quarter ended June 30, 2009?
The actual financial results for the quarter ended June 30, 2009, are contained within the original Form 10-Q filing that this amendment pertains to. This amendment only provides an XBRL version of those financials.
Is there any new operational or financial information in this filing that was not in the original 10-Q?
No, the filing explicitly states that no other changes have been made to the Form 10-Q other than the addition of the XBRL exhibit. Therefore, there is no new operational or financial information presented.
06—Continue