Discover 2015 Annual Report Download - page 168
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-152-
The following table presents segment data (dollars in millions):
Direct
Banking Payment
Services Total
For the Year Ended December 31, 2013
Interest income
Credit card ...................................................................................................................... $ 5,978 $ — $ 5,978
Private student loans ......................................................................................................... 252 — 252
PCI student loans .............................................................................................................. 272 — 272
Personal loans ................................................................................................................. 464 — 464
Other .............................................................................................................................. 98 — 98
Total interest income ..................................................................................................... 7,064 — 7,064
Interest expense ................................................................................................................... 1,146 — 1,146
Net interest income ....................................................................................................... 5,918 — 5,918
Provision for loan losses ....................................................................................................... 1,069 17 1,086
Other income ...................................................................................................................... 1,976 330 2,306
Other expense ..................................................................................................................... 2,961 233 3,194
Income before income tax expense ................................................................................. $ 3,864 $ 80 $ 3,944
24. Related Party Transactions
In the ordinary course of business, the Company offers consumer financial products to its directors, executive
officers and certain members of their families. These products are offered on substantially the same terms as those
prevailing at the time for comparable transactions with unrelated parties, and these receivables are included in the loan
receivables in the Company's consolidated statements of financial condition. They were not material to the Company's
financial position or results of operations.