CONDENSED CONSOLIDATING FINANCIAL STATEMENTS (Tables)
|
12 Months Ended |
Dec. 31, 2016 |
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
|
Condensed income statement and condensed statement of comprehensive income |
| | | | | | | | | | | | | | | | | | | | | | Year ended December 31, 2016 | In millions of dollars | Citigroup parent company | | CGMHI | | Other Citigroup subsidiaries and eliminations | | Consolidating adjustments | | Citigroup consolidated | Revenues | | | | | | | | | | Dividends from subsidiaries | $ | 15,570 |
| | $ | — |
| | $ | — |
| | $ | (15,570 | ) | | $ | — |
| Interest revenue | 7 |
| | 4,586 |
| | 53,022 |
| | — |
| | 57,615 |
| Interest revenue—intercompany | 3,008 |
| | 545 |
| | (3,553 | ) | | — |
| | — |
| Interest expense | 4,419 |
| | 1,429 |
| | 6,663 |
| | — |
| | 12,511 |
| Interest expense—intercompany | 209 |
| | 1,649 |
| | (1,858 | ) | | — |
| | — |
| Net interest revenue | $ | (1,613 | ) | | $ | 2,053 |
| | $ | 44,664 |
| | $ | — |
| | $ | 45,104 |
| Commissions and fees | $ | — |
| | $ | 4,305 |
| | $ | 6,216 |
| | $ | — |
| | $ | 10,521 |
| Commissions and fees—intercompany | (20 | ) | | 246 |
| | (226 | ) | | — |
| | — |
| Principal transactions | (1,025 | ) | | 5,602 |
| | 3,008 |
| | — |
| | 7,585 |
| Principal transactions—intercompany | 24 |
| | (2,868 | ) | | 2,844 |
| | — |
| | — |
| Other income | 2,599 |
| | 225 |
| | 3,841 |
| | — |
| | 6,665 |
| Other income—intercompany | (2,095 | ) | | 105 |
| | 1,990 |
| | — |
| | — |
| Total non-interest revenues | $ | (517 | ) | | $ | 7,615 |
| | $ | 17,673 |
| | $ | — |
| | $ | 24,771 |
| Total revenues, net of interest expense | $ | 13,440 |
| | $ | 9,668 |
| | $ | 62,337 |
| | $ | (15,570 | ) | | $ | 69,875 |
| Provisions for credit losses and for benefits and claims | $ | — |
| | $ | — |
| | $ | 6,982 |
| | $ | — |
| | $ | 6,982 |
| Operating expenses |
| |
| |
| |
| |
| Compensation and benefits | $ | 22 |
| | $ | 4,719 |
| | $ | 16,229 |
| | $ | — |
| | $ | 20,970 |
| Compensation and benefits—intercompany | 36 |
| | — |
| | (36 | ) | | — |
| | — |
| Other operating | 482 |
| | 1,635 |
| | 18,329 |
| | — |
| | 20,446 |
| Other operating—intercompany | 217 |
| | 1,138 |
| | (1,355 | ) | | — |
| | — |
| Total operating expenses | $ | 757 |
| | $ | 7,492 |
| | $ | 33,167 |
| | $ | — |
| | $ | 41,416 |
| Equity in undistributed income of subsidiaries | 871 |
| | — |
| | — |
| | (871 | ) | | — |
| Income (loss) from continuing operations before income taxes | 13,554 |
| | 2,176 |
| | 22,188 |
| | (16,441 | ) | | 21,477 |
| Provision (benefit) for income taxes | (1,358 | ) | | 746 |
| | 7,056 |
| | — |
| | 6,444 |
| Income (loss) from continuing operations | $ | 14,912 |
| | $ | 1,430 |
| | $ | 15,132 |
| | $ | (16,441 | ) | | $ | 15,033 |
| Loss from discontinued operations, net of taxes | — |
| | — |
| | (58 | ) | | — |
| | (58 | ) | Net income (loss) before attribution of noncontrolling interests | $ | 14,912 |
| | $ | 1,430 |
| | $ | 15,074 |
| | $ | (16,441 | ) | | $ | 14,975 |
| Noncontrolling interests | — |
| | (13 | ) | | 76 |
| | — |
| | 63 |
| Net income (loss) | $ | 14,912 |
| | $ | 1,443 |
| | $ | 14,998 |
| | $ | (16,441 | ) | | $ | 14,912 |
| Comprehensive income |
|
| |
|
| |
|
| |
|
| |
|
| Add: Other comprehensive income (loss) | $ | (3,022 | ) | | $ | (116 | ) | | $ | 4,867 |
| | $ | (4,751 | ) | | $ | (3,022 | ) | Total Citigroup comprehensive income (loss) | $ | 11,890 |
|
| $ | 1,327 |
|
| $ | 19,865 |
|
| $ | (21,192 | ) |
| $ | 11,890 |
| Add: Other comprehensive income (loss) attributable to noncontrolling interests | $ | — |
|
| $ | — |
|
| $ | (56 | ) |
| $ | — |
|
| $ | (56 | ) | Add: Net income attributable to noncontrolling interests | — |
|
| (13 | ) |
| 76 |
|
| — |
|
| 63 |
| Total comprehensive income (loss) | $ | 11,890 |
|
| $ | 1,314 |
|
| $ | 19,885 |
|
| $ | (21,192 | ) |
| $ | 11,897 |
|
| | | | | | | | | | | | | | | | | | | | | | Year ended December 31, 2014 | In millions of dollars | Citigroup parent company | | CGMHI | | Other Citigroup subsidiaries and eliminations | | Consolidating adjustments | | Citigroup consolidated | Revenues | | | | | | | | | | Dividends from subsidiaries | $ | 8,900 |
| | $ | — |
| | $ | — |
| | $ | (8,900 | ) | | $ | — |
| Interest revenue | 12 |
| | 4,210 |
| | 57,461 |
| | — |
| | 61,683 |
| Interest revenue—intercompany | 3,109 |
| | 144 |
| | (3,253 | ) | | — |
| | — |
| Interest expense | 5,055 |
| | 1,010 |
| | 7,625 |
| | — |
| | 13,690 |
| Interest expense—intercompany | (618 | ) | | 1,258 |
| | (640 | ) | | — |
| | — |
| Net interest revenue | $ | (1,316 | ) | | $ | 2,086 |
| | $ | 47,223 |
| | $ | — |
| | $ | 47,993 |
| Commissions and fees | $ | — |
| | $ | 5,185 |
| | $ | 7,847 |
| | $ | — |
| | $ | 13,032 |
| Commissions and fees—intercompany | — |
| | 95 |
| | (95 | ) | | — |
| | — |
| Principal transactions | 13 |
| | (1,115 | ) | | 7,800 |
| | — |
| | 6,698 |
| Principal transactions—intercompany | (672 | ) | | 3,822 |
| | (3,150 | ) | | — |
| | — |
| Other income | 1,037 |
| | 425 |
| | 8,034 |
| | — |
| | 9,496 |
| Other income—intercompany | (131 | ) | | 1,206 |
| | (1,075 | ) | | — |
| | — |
| Total non-interest revenues | $ | 247 |
| | $ | 9,618 |
| | $ | 19,361 |
| | $ | — |
| | $ | 29,226 |
| Total revenues, net of interest expense | $ | 7,831 |
| | $ | 11,704 |
| | $ | 66,584 |
| | $ | (8,900 | ) | | $ | 77,219 |
| Provisions for credit losses and for benefits and claims | $ | — |
| | $ | — |
| | $ | 7,467 |
| | $ | — |
| | $ | 7,467 |
| Operating expenses |
| |
| |
| |
| |
| Compensation and benefits | $ | 158 |
| | $ | 5,156 |
| | $ | 18,645 |
| | $ | — |
| | $ | 23,959 |
| Compensation and benefits—intercompany | 38 |
| | — |
| | (38 | ) | | — |
| | — |
| Other operating | 1,572 |
| | 6,082 |
| | 23,438 |
| | — |
| | 31,092 |
| Other operating—intercompany | 212 |
| | 1,651 |
| | (1,863 | ) | | — |
| | — |
| Total operating expenses | $ | 1,980 |
| | $ | 12,889 |
| | $ | 40,182 |
| | $ | — |
| | $ | 55,051 |
| Equity in undistributed income of subsidiaries | 816 |
| | — |
| | — |
| | (816 | ) | | — |
| Income (loss) from continuing operations before income taxes | 6,667 |
| | (1,185 | ) | | 18,935 |
| | (9,716 | ) | | 14,701 |
| Provision (benefit) for income taxes | (643 | ) | | 600 |
| | 7,240 |
| | — |
| | 7,197 |
| Income (loss) from continuing operations | $ | 7,310 |
| | $ | (1,785 | ) | | $ | 11,695 |
| | $ | (9,716 | ) | | $ | 7,504 |
| Loss from discontinued operations, net of taxes | — |
| | — |
| | (2 | ) | | — |
| | (2 | ) | Net income (loss) before attribution of noncontrolling interests | $ | 7,310 |
| | $ | (1,785 | ) | | $ | 11,693 |
| | $ | (9,716 | ) | | $ | 7,502 |
| Noncontrolling interests | — |
| | 8 |
| | 184 |
| | — |
| | 192 |
| Net income (loss) | $ | 7,310 |
| | $ | (1,793 | ) | | $ | 11,509 |
| | $ | (9,716 | ) | | $ | 7,310 |
| Comprehensive income |
|
| |
|
| |
|
| |
|
| |
|
| Add: Other comprehensive income (loss) | $ | (4,083 | ) | | $ | 194 |
| | $ | (4,760 | ) | | $ | 4,566 |
| | $ | (4,083 | ) | Total Citigroup comprehensive income (loss) | $ | 3,227 |
|
| $ | (1,599 | ) |
| $ | 6,749 |
|
| $ | (5,150 | ) |
| $ | 3,227 |
| Add: Other comprehensive income (loss) attributable to noncontrolling interests
| $ | — |
|
| $ | — |
|
| $ | (106 | ) |
| $ | — |
|
| $ | (106 | ) | Add: Net income attributable to noncontrolling interests | — |
|
| 8 |
|
| 184 |
|
| — |
|
| 192 |
| Total comprehensive income (loss) | $ | 3,227 |
|
| $ | (1,591 | ) |
| $ | 6,827 |
|
| $ | (5,150 | ) |
| $ | 3,313 |
|
| | | | | | | | | | | | | | | | | | | | | | Year ended December 31, 2015 | In millions of dollars | Citigroup parent company | | CGMHI | | Other Citigroup subsidiaries and eliminations | | Consolidating adjustments | | Citigroup consolidated | Revenues | | | | | | | | | | Dividends from subsidiaries | $ | 13,500 |
| | $ | — |
| | $ | — |
| | $ | (13,500 | ) | | $ | — |
| Interest revenue | 9 |
| | 4,389 |
| | 54,153 |
| | — |
| | 58,551 |
| Interest revenue—intercompany | 2,880 |
| | 272 |
| | (3,152 | ) | | — |
| | — |
| Interest expense | 4,563 |
| | 997 |
| | 6,361 |
| | — |
| | 11,921 |
| Interest expense—intercompany | (475 | ) | | 1,295 |
| | (820 | ) | | — |
| | — |
| Net interest revenue | $ | (1,199 | ) | | $ | 2,369 |
| | $ | 45,460 |
| | $ | — |
| | $ | 46,630 |
| Commissions and fees | $ | — |
| | $ | 4,854 |
| | $ | 6,994 |
| | $ | — |
| | $ | 11,848 |
| Commissions and fees—intercompany | — |
| | 214 |
| | (214 | ) | | — |
| | — |
| Principal transactions | 1,012 |
| | 10,365 |
| | (5,369 | ) | | — |
| | 6,008 |
| Principal transactions—intercompany | (1,733 | ) | | (8,709 | ) | | 10,442 |
| | — |
| | — |
| Other income | 3,294 |
| | 426 |
| | 8,148 |
| | — |
| | 11,868 |
| Other income—intercompany | (3,054 | ) | | 1,079 |
| | 1,975 |
| | — |
| | — |
| Total non-interest revenues | $ | (481 | ) | | $ | 8,229 |
| | $ | 21,976 |
| | $ | — |
| | $ | 29,724 |
| Total revenues, net of interest expense | $ | 11,820 |
| | $ | 10,598 |
| | $ | 67,436 |
| | $ | (13,500 | ) | | $ | 76,354 |
| Provisions for credit losses and for benefits and claims | $ | — |
| | $ | — |
| | $ | 7,913 |
| | $ | — |
| | $ | 7,913 |
| Operating expenses |
| |
| |
| |
| |
| Compensation and benefits | $ | (58 | ) | | $ | 5,003 |
| | $ | 16,824 |
| | $ | — |
| | $ | 21,769 |
| Compensation and benefits—intercompany | 59 |
| | — |
| | (59 | ) | | — |
| | — |
| Other operating | 271 |
| | 1,948 |
| | 19,627 |
| | — |
| | 21,846 |
| Other operating—intercompany | 247 |
| | 1,164 |
| | (1,411 | ) | | — |
| | — |
| Total operating expenses | $ | 519 |
| | $ | 8,115 |
| | $ | 34,981 |
| | $ | — |
| | $ | 43,615 |
| Equity in undistributed income of subsidiaries | 4,601 |
| | — |
| | — |
| | (4,601 | ) | | — |
| Income (loss) from continuing operations before income taxes | 15,902 |
| | 2,483 |
| | 24,542 |
| | (18,101 | ) | | 24,826 |
| Provision (benefit) for income taxes | (1,340 | ) | | 537 |
| | 8,243 |
| | — |
| | 7,440 |
| Income (loss) from continuing operations | $ | 17,242 |
| | $ | 1,946 |
| | $ | 16,299 |
| | $ | (18,101 | ) | | $ | 17,386 |
| Loss from discontinued operations, net of taxes | — |
| | — |
| | (54 | ) | | — |
| | (54 | ) | Net income (loss) before attribution of noncontrolling interests | $ | 17,242 |
| | $ | 1,946 |
| | $ | 16,245 |
| | $ | (18,101 | ) | | $ | 17,332 |
| Noncontrolling interests | — |
| | 9 |
| | 81 |
| | — |
| | 90 |
| Net income (loss) | $ | 17,242 |
| | $ | 1,937 |
| | $ | 16,164 |
| | $ | (18,101 | ) | | $ | 17,242 |
| Comprehensive income |
|
| |
|
| |
|
| |
|
| |
|
| Add: Other comprehensive income (loss) | $ | (6,128 | ) | | $ | (125 | ) | | $ | (6,367 | ) | | $ | 6,492 |
| | $ | (6,128 | ) | Total Citigroup comprehensive income (loss) | $ | 11,114 |
|
| $ | 1,812 |
|
| $ | 9,797 |
|
| $ | (11,609 | ) |
| $ | 11,114 |
| Add: Other comprehensive income (loss) attributable to noncontrolling interests
| $ | — |
|
| $ | — |
|
| $ | (83 | ) |
| $ | — |
|
| $ | (83 | ) | Add: Net income attributable to noncontrolling interests | — |
|
| 9 |
|
| 81 |
|
| — |
|
| 90 |
| Total comprehensive income (loss) | $ | 11,114 |
|
| $ | 1,821 |
|
| $ | 9,795 |
|
| $ | (11,609 | ) |
| $ | 11,121 |
|
|
Condensed balance sheet |
| | | | | | | | | | | | | | | | | | | | | | December 31, 2015 | In millions of dollars | Citigroup parent company | | CGMHI | | Other Citigroup subsidiaries and eliminations | | Consolidating adjustments | | Citigroup consolidated | Assets | | | | | | | | | | Cash and due from banks | $ | — |
| | $ | 592 |
| | $ | 20,308 |
| | $ | — |
| | $ | 20,900 |
| Cash and due from banks—intercompany | 124 |
| | 1,403 |
| | (1,527 | ) | | — |
| | — |
| Federal funds sold and resale agreements | — |
| | 178,178 |
| | 41,497 |
| | — |
| | 219,675 |
| Federal funds sold and resale agreements—intercompany | — |
| | 15,035 |
| | (15,035 | ) | | — |
| | — |
| Trading account assets | — |
| | 124,731 |
| | 116,484 |
| | — |
| | 241,215 |
| Trading account assets—intercompany | 1,032 |
| | 1,765 |
| | (2,797 | ) | | — |
| | — |
| Investments | 484 |
| | 402 |
| | 342,069 |
| | — |
| | 342,955 |
| Loans, net of unearned income | — |
| | 1,068 |
| | 616,549 |
| | — |
| | 617,617 |
| Loans, net of unearned income—intercompany | — |
| | — |
| | — |
| | — |
| | — |
| Allowance for loan losses | — |
| | (3 | ) | | (12,623 | ) | | — |
| | (12,626 | ) | Total loans, net | $ | — |
| | $ | 1,065 |
| | $ | 603,926 |
| | $ | — |
| | $ | 604,991 |
| Advances to subsidiaries | $ | 104,405 |
| | $ | — |
| | $ | (104,405 | ) | | $ | — |
| | $ | — |
| Investments in subsidiaries | 221,362 |
| | — |
| | — |
| | (221,362 | ) | | — |
| Other assets(1) | 25,819 |
| | 36,860 |
| | 238,795 |
| | — |
| | 301,474 |
| Other assets—intercompany | 58,199 |
| | 30,737 |
| | (88,936 | ) | | — |
| | — |
| Total assets | $ | 411,425 |
| | $ | 390,768 |
| | $ | 1,150,379 |
| | $ | (221,362 | ) | | $ | 1,731,210 |
| Liabilities and equity |
| |
| |
| |
| |
|
| Deposits | $ | — |
| | $ | — |
| | $ | 907,887 |
| | $ | — |
| | $ | 907,887 |
| Deposits—intercompany | — |
| | — |
| | — |
| | — |
| | — |
| Federal funds purchased and securities loaned or sold | — |
| | 122,459 |
| | 24,037 |
| | — |
| | 146,496 |
| Federal funds purchased and securities loaned or sold—intercompany | 185 |
| | 22,042 |
| | (22,227 | ) | | — |
| | — |
| Trading account liabilities | — |
| | 62,386 |
| | 55,126 |
| | — |
| | 117,512 |
| Trading account liabilities—intercompany | 1,036 |
| | 2,045 |
| | (3,081 | ) | | — |
| | — |
| Short-term borrowings | 146 |
| | 188 |
| | 20,745 |
| | — |
| | 21,079 |
| Short-term borrowings—intercompany | — |
| | 34,916 |
| | (34,916 | ) | | — |
| | — |
| Long-term debt | 141,914 |
| | 2,530 |
| | 56,831 |
| | — |
| | 201,275 |
| Long-term debt—intercompany | — |
| | 51,171 |
| | (51,171 | ) | | — |
| | — |
| Advances from subsidiaries | 36,453 |
| | — |
| | (36,453 | ) | | — |
| | — |
| Other liabilities | 3,560 |
| | 55,482 |
| | 54,827 |
| | — |
| | 113,869 |
| Other liabilities—intercompany | 6,274 |
| | 10,967 |
| | (17,241 | ) | | — |
| | — |
| Stockholders’ equity | 221,857 |
| | 26,582 |
| | 196,015 |
| | (221,362 | ) | | 223,092 |
| Total liabilities and equity | $ | 411,425 |
| | $ | 390,768 |
| | $ | 1,150,379 |
| | $ | (221,362 | ) | | $ | 1,731,210 |
|
| | (1) | Other assets for Citigroup parent company at December 31, 2015 included $42.7 billion of placements to Citibank and its branches, of which $33.9 billion had a remaining term of less than 30 days. |
| | | | | | | | | | | | | | | | | | | | | | December 31, 2016 | In millions of dollars | Citigroup parent company |
| | CGMHI |
| | Other Citigroup subsidiaries and eliminations |
| | Consolidating adjustments |
| | Citigroup consolidated |
| Assets | | | | | | | | | | Cash and due from banks | $ | — |
| | $ | 870 |
| | $ | 22,173 |
| | $ | — |
| | $ | 23,043 |
| Cash and due from banks—intercompany | 142 |
| | 3,820 |
| | (3,962 | ) | | — |
| | — |
| Federal funds sold and resale agreements | — |
| | 196,236 |
| | 40,577 |
| | — |
| | 236,813 |
| Federal funds sold and resale agreements—intercompany | — |
| | 12,270 |
| | (12,270 | ) | | — |
| | — |
| Trading account assets | 6 |
| | 121,484 |
| | 122,435 |
| | — |
| | 243,925 |
| Trading account assets—intercompany | 1,173 |
| | 907 |
| | (2,080 | ) | | — |
| | — |
| Investments | 173 |
| | 335 |
| | 352,796 |
| | — |
| | 353,304 |
| Loans, net of unearned income | — |
| | 575 |
| | 623,794 |
| | — |
| | 624,369 |
| Loans, net of unearned income—intercompany | — |
| | — |
| | — |
| | — |
| | — |
| Allowance for loan losses | — |
| | — |
| | (12,060 | ) | | — |
| | (12,060 | ) | Total loans, net | $ | — |
| | $ | 575 |
| | $ | 611,734 |
| | $ | — |
| | $ | 612,309 |
| Advances to subsidiaries | $ | 143,154 |
| | $ | — |
| | $ | (143,154 | ) | | $ | — |
| | $ | — |
| Investments in subsidiaries | 226,279 |
| | — |
| | — |
| | (226,279 | ) | | — |
| Other assets (1) | 23,734 |
| | 46,095 |
| | 252,854 |
| | — |
| | 322,683 |
| Other assets—intercompany | 27,845 |
| | 38,207 |
| | (66,052 | ) | | — |
| | — |
| Total assets | $ | 422,506 |
| | $ | 420,799 |
| | $ | 1,175,051 |
| | $ | (226,279 | ) | | $ | 1,792,077 |
| Liabilities and equity |
|
| |
| |
| |
| |
| Deposits | $ | — |
| | $ | — |
| | $ | 929,406 |
| | $ | — |
| | $ | 929,406 |
| Deposits—intercompany | — |
| | — |
| | — |
| | — |
| | — |
| Federal funds purchased and securities loaned or sold | — |
| | 122,320 |
| | 19,501 |
| | — |
| | 141,821 |
| Federal funds purchased and securities loaned or sold—intercompany | — |
| | 25,417 |
| | (25,417 | ) | | — |
| | — |
| Trading account liabilities | — |
| | 87,714 |
| | 51,331 |
| | — |
| | 139,045 |
| Trading account liabilities—intercompany | 1,006 |
| | 868 |
| | (1,874 | ) | | — |
| | — |
| Short-term borrowings | — |
| | 1,356 |
| | 29,345 |
| | — |
| | 30,701 |
| Short-term borrowings—intercompany | — |
| | 35,596 |
| | (35,596 | ) | | — |
| | — |
| Long-term debt | 147,333 |
| | 8,128 |
| | 50,717 |
| | — |
| | 206,178 |
| Long-term debt—intercompany | — |
| | 41,287 |
| | (41,287 | ) | | — |
| | — |
| Advances from subsidiaries | 41,258 |
| | — |
| | (41,258 | ) | | — |
| | — |
| Other liabilities | 3,466 |
| | 57,430 |
| | 57,887 |
| | — |
| | 118,783 |
| Other liabilities—intercompany | 4,323 |
| | 7,894 |
| | (12,217 | ) | | — |
| | — |
| Stockholders’ equity | 225,120 |
| | 32,789 |
| | 194,513 |
| | (226,279 | ) | | 226,143 |
| Total liabilities and equity | $ | 422,506 |
| | $ | 420,799 |
| | $ | 1,175,051 |
| | $ | (226,279 | ) | | $ | 1,792,077 |
|
| | (1) | Other assets for Citigroup parent company at December 31, 2016 included $20.7 billion of placements to Citibank and its branches, of which $6.8 billion had a remaining term of less than 30 days. |
|
Condensed cash flow statement |
| | | | | | | | | | | | | | | | | | | | | | Year ended December 31, 2016 | In millions of dollars | Citigroup parent company | | CGMHI | | Other Citigroup subsidiaries and eliminations | | Consolidating adjustments | | Citigroup consolidated | Net cash provided by operating activities of continuing operations | $ | 12,777 |
| | $ | 20,662 |
| | $ | 20,493 |
| | $ | — |
| | $ | 53,932 |
| Cash flows from investing activities of continuing operations | | | | | | | | | | Purchases of investments | $ | — |
| | $ | (4 | ) | | $ | (211,398 | ) | | $ | — |
| | $ | (211,402 | ) | Proceeds from sales of investments | 3,024 |
| | — |
| | 129,159 |
| | — |
| | 132,183 |
| Proceeds from maturities of investments | 234 |
| | — |
| | 65,291 |
| | — |
| | 65,525 |
| Change in deposits with banks | — |
| | (3,643 | ) | | (21,668 | ) | | — |
| | (25,311 | ) | Change in loans | — |
| | — |
| | (39,761 | ) | | — |
| | (39,761 | ) | Proceeds from sales and securitizations of loans | — |
| | — |
| | 18,140 |
| | — |
| | 18,140 |
| Proceeds from significant disposals | — |
| | — |
| | 265 |
| | — |
| | 265 |
| Change in federal funds sold and resales | — |
| | (15,293 | ) | | (1,845 | ) | | — |
| | (17,138 | ) | Changes in investments and advances—intercompany | (18,083 | ) | | (5,574 | ) | | 23,657 |
| | — |
| | — |
| Other investing activities | — |
| | — |
| | (2,089 | ) | | — |
| | (2,089 | ) | Net cash used in investing activities of continuing operations | $ | (14,825 | ) | | $ | (24,514 | ) | | $ | (40,249 | ) | | $ | — |
| | $ | (79,588 | ) | Cash flows from financing activities of continuing operations | | | | | | | | | | Dividends paid | $ | (2,287 | ) | | $ | — |
| | $ | — |
| | $ | — |
| | $ | (2,287 | ) | Issuance of preferred stock | 2,498 |
| | — |
| | — |
| | — |
| | 2,498 |
| Treasury stock acquired | (9,290 | ) | | — |
| | — |
| | — |
| | (9,290 | ) | Proceeds (repayments) from issuance of long-term debt, net | 7,005 |
| | 5,916 |
| | (4,575 | ) | | — |
| | 8,346 |
| Proceeds (repayments) from issuance of long-term debt—intercompany, net | — |
| | (9,453 | ) | | 9,453 |
| | — |
| | — |
| Change in deposits | — |
| | — |
| | 24,394 |
| | — |
| | 24,394 |
| Change in federal funds purchased and repos | — |
| | 3,236 |
| | (7,911 | ) | | — |
| | (4,675 | ) | Change in short-term borrowings | (164 | ) | | 1,168 |
| | 8,618 |
| | — |
| | 9,622 |
| Net change in short-term borrowings and other advances—intercompany | 4,620 |
| | 680 |
| | (5,300 | ) | | — |
| | — |
| Capital contributions from parent | — |
| | 5,000 |
| | (5,000 | ) | | — |
| | — |
| Other financing activities | (316 | ) | | — |
| | — |
| | — |
| | (316 | ) | Net cash provided by financing activities of continuing operations | $ | 2,066 |
| | $ | 6,547 |
| | $ | 19,679 |
| | $ | — |
| | $ | 28,292 |
| Effect of exchange rate changes on cash and due from banks | $ | — |
| | $ | — |
| | $ | (493 | ) | | $ | — |
| | $ | (493 | ) | Change in cash and due from banks | $ | 18 |
| | $ | 2,695 |
| | $ | (570 | ) | | $ | — |
| | $ | 2,143 |
| Cash and due from banks at beginning of period | 124 |
| | 1,995 |
| | 18,781 |
| | — |
| | 20,900 |
| Cash and due from banks at end of period | $ | 142 |
| | $ | 4,690 |
| | $ | 18,211 |
| | $ | — |
| | $ | 23,043 |
| Supplemental disclosure of cash flow information for continuing operations |
|
| |
|
| |
|
| |
|
| |
|
| Cash paid during the year for income taxes | $ | 351 |
| | $ | 92 |
| | $ | 3,916 |
| | $ | — |
| | $ | 4,359 |
| Cash paid during the year for interest | 4,397 |
| | 3,115 |
| | 4,555 |
| | — |
| | 12,067 |
| Non-cash investing activities |
|
| |
|
| |
|
| |
|
| |
|
| Transfers to loans HFS from loans | — |
| | — |
| | 13,900 |
| | — |
| | 13,900 |
| Transfers to OREO and other repossessed assets | — |
| | — |
| | 165 |
| | — |
| | 165 |
|
| | | | | | | | | | | | | | | | | | | | | | Year ended December 31, 2014 | In millions of dollars | Citigroup parent company | | CGMHI | | Other Citigroup subsidiaries and eliminations | | Consolidating adjustments | | Citigroup consolidated | Net cash provided by (used in) operating activities of continuing operations | $ | 5,940 |
| | $ | (10,915 | ) | | $ | 51,318 |
| | $ | — |
| | $ | 46,343 |
| Cash flows from investing activities of continuing operations | | | | | | | | | | Purchases of investments | $ | — |
| | $ | (188 | ) | | $ | (258,804 | ) | | $ | — |
| | $ | (258,992 | ) | Proceeds from sales of investments | 41 |
| | 42 |
| | 135,741 |
| | — |
| | 135,824 |
| Proceeds from maturities of investments | 155 |
| | — |
| | 93,962 |
| | — |
| | 94,117 |
| Change in deposits with banks | — |
| | 4,183 |
| | 36,733 |
| | — |
| | 40,916 |
| Change in loans | — |
| | — |
| | 1,170 |
| | — |
| | 1,170 |
| Proceeds from sales and securitizations of loans | — |
| | — |
| | 4,752 |
| | — |
| | 4,752 |
| Change in federal funds sold and resales | — |
| | 8,832 |
| | 5,635 |
| | — |
| | 14,467 |
| Proceeds from significant disposals | — |
| | — |
| | 346 |
| | — |
| | 346 |
| Payments due to transfers of net liabilities associated with significant disposals | — |
| | — |
| | (1,255 | ) | | — |
| | (1,255 | ) | Changes in investments and advances—intercompany | (7,986 | ) | | 3,549 |
| | 4,437 |
| | — |
| | — |
| Other investing activities | 5 |
| | (72 | ) | | (2,696 | ) | | — |
| | (2,763 | ) | Net cash provided by (used in) investing activities of continuing operations | $ | (7,785 | ) | | $ | 16,346 |
| | $ | 20,021 |
| | $ | — |
| | $ | 28,582 |
| Cash flows from financing activities of continuing operations | | | | | | | | | | Dividends paid | $ | (633 | ) | | $ | — |
| | $ | — |
| | $ | — |
| | $ | (633 | ) | Issuance of preferred stock | 3,699 |
| | — |
| | — |
| | — |
| | 3,699 |
| Redemption of preferred stock | — |
| | — |
| | — |
| | — |
| | — |
| Treasury stock acquired | (1,232 | ) | | — |
| | — |
| | — |
| | (1,232 | ) | Proceeds (repayments) from issuance of long-term debt, net | (3,636 | ) | | (634 | ) | | 12,183 |
| | — |
| | 7,913 |
| Proceeds (repayments) from issuance of long-term debt—intercompany, net | — |
| | 1,131 |
| | (1,131 | ) | | — |
| | — |
| Change in deposits | — |
| | — |
| | (48,336 | ) | | — |
| | (48,336 | ) | Change in federal funds purchased and repos | — |
| | (15,268 | ) | | (14,806 | ) | | — |
| | (30,074 | ) | Change in short-term borrowings | 749 |
| | 143 |
| | (1,991 | ) | | — |
| | (1,099 | ) | Net change in short-term borrowings and other advances—intercompany | 3,297 |
| | 1,212 |
| | (4,509 | ) | | — |
| | — |
| Capital contributions from parent | — |
| | 8,500 |
| | (8,500 | ) | | — |
| | — |
| Other financing activities | (507 | ) | | — |
| | (1 | ) | | — |
| | (508 | ) | Net cash provided by (used in) financing activities of continuing operations | $ | 1,737 |
| | $ | (4,916 | ) | | $ | (67,091 | ) | | $ | — |
| | $ | (70,270 | ) | Effect of exchange rate changes on cash and due from banks | $ | — |
| | $ | — |
| | $ | (2,432 | ) | | $ | — |
| | $ | (2,432 | ) | Discontinued operations | | | | | | | | | — |
| Net cash used in discontinued operations | $ | — |
| | $ | — |
| | $ | — |
| | $ | — |
| | $ | — |
| Change in cash and due from banks | $ | (108 | ) | | $ | 515 |
| | $ | 1,816 |
| | $ | — |
| | $ | 2,223 |
| Cash and due from banks at beginning of period | 233 |
| | 1,236 |
| | 28,416 |
| | — |
| | 29,885 |
| Cash and due from banks at end of period | $ | 125 |
| | $ | 1,751 |
| | $ | 30,232 |
| | $ | — |
| | $ | 32,108 |
| Supplemental disclosure of cash flow information for continuing operations | | | | | | | | | | Cash paid during the year for income taxes | $ | 235 |
| | $ | 353 |
| | $ | 4,044 |
| | $ | — |
| | $ | 4,632 |
| Cash paid during the year for interest | 5,632 |
| | 2,298 |
| | 6,071 |
| | — |
| | 14,001 |
|
| | | | | | | | | | | | | | | | | | | | | Non-cash investing activities | | | | | | | | | | Change in loans due to consolidation/deconsolidation of VIEs | $ | — |
| | $ | — |
| | $ | (374 | ) | | $ | — |
| | $ | (374 | ) | Transfers to loans held-for-sale from loans | — |
| | — |
| | 15,100 |
| | — |
| | 15,100 |
| Transfers to OREO and other repossessed assets | — |
| | — |
| | 321 |
| | — |
| | 321 |
| Non-cash financing activities | | | | | | | | | | Decrease in deposits associated with reclassifications to HFS | $ | — |
| | $ | — |
| | $ | (20,605 | ) | | $ | — |
| | $ | (20,605 | ) | Increase in short-term borrowings due to consolidation of VIEs | — |
| | — |
| | 500 |
| | — |
| | 500 |
| Decrease in long-term debt due to deconsolidation of VIEs | — |
| | — |
| | (864 | ) | | — |
| | (864 | ) |
| | | | | | | | | | | | | | | | | | | | | | Year ended December 31, 2015 | In millions of dollars | Citigroup parent company | | CGMHI | | Other Citigroup subsidiaries and eliminations | | Consolidating adjustments | | Citigroup consolidated | Net cash provided by (used in) operating activities of continuing operations | $ | 27,825 |
| | $ | 12,336 |
| | $ | (424 | ) | | $ | — |
| | $ | 39,737 |
| Cash flows from investing activities of continuing operations | | | | | | | | | | Purchases of investments | $ | — |
| | $ | (4 | ) | | $ | (242,358 | ) | | $ | — |
| | $ | (242,362 | ) | Proceeds from sales of investments | — |
| | 53 |
| | 141,417 |
| | — |
| | 141,470 |
| Proceeds from maturities of investments | 237 |
| | — |
| | 81,810 |
| | — |
| | 82,047 |
| Change in deposits with banks | — |
| | (8,414 | ) | | 23,902 |
| | — |
| | 15,488 |
| Change in loans | — |
| | — |
| | 1,353 |
| | — |
| | 1,353 |
| Proceeds from sales and securitizations of loans | — |
| | — |
| | 9,610 |
| | — |
| | 9,610 |
| Proceeds from significant disposals | — |
| | — |
| | 5,932 |
| | — |
| | 5,932 |
| Payments due to transfers of net liabilities associated with significant disposals | — |
| | — |
| | (18,929 | ) | | — |
| | (18,929 | ) | Change in federal funds sold and resales | — |
| | 8,037 |
| | 14,858 |
| | — |
| | 22,895 |
| Changes in investments and advances—intercompany | (35,548 | ) | | 1,044 |
| | 34,504 |
| | — |
| | — |
| Other investing activities | 3 |
| | (101 | ) | | (2,523 | ) | | — |
| | (2,621 | ) | Net cash provided by (used in) investing activities of continuing operations | $ | (35,308 | ) | | $ | 615 |
| | $ | 49,576 |
| | $ | — |
| | $ | 14,883 |
| Cash flows from financing activities of continuing operations | | | | | | | | | | Dividends paid | $ | (1,253 | ) | | $ | — |
| | $ | — |
| | $ | — |
| | $ | (1,253 | ) | Issuance of preferred stock | 6,227 |
| | — |
| | — |
| | — |
| | 6,227 |
| Treasury stock acquired | (5,452 | ) | | — |
| | — |
| | — |
| | (5,452 | ) | Proceeds (repayments) from issuance of long-term debt, net | 127 |
| | (139 | ) | | (8,212 | ) | | — |
| | (8,224 | ) | Proceeds (repayments) from issuance of long-term debt—intercompany, net | — |
| | 12,557 |
| | (12,557 | ) | | — |
| | — |
| Change in deposits | — |
| | — |
| | 8,555 |
| | — |
| | 8,555 |
| Change in federal funds purchased and repos | — |
| | (27,442 | ) | | 500 |
| | — |
| | (26,942 | ) | Change in short-term borrowings | (845 | ) | | (1,737 | ) | | (34,674 | ) | | — |
| | (37,256 | ) | Net change in short-term borrowings and other advances—intercompany | 9,106 |
| | 4,054 |
| | (13,160 | ) | | — |
| | — |
| Capital contributions from parent | — |
| | — |
| | — |
| | — |
| | — |
| Other financing activities | (428 | ) | | — |
| | — |
| | — |
| | (428 | ) | Net cash provided by (used in) financing activities of continuing operations | $ | 7,482 |
| | $ | (12,707 | ) | | $ | (59,548 | ) | | $ | — |
| | $ | (64,773 | ) | Effect of exchange rate changes on cash and due from banks | $ | — |
| | $ | — |
| | $ | (1,055 | ) | | $ | — |
| | $ | (1,055 | ) | Change in cash and due from banks | $ | (1 | ) | | $ | 244 |
| | $ | (11,451 | ) | | $ | — |
| | $ | (11,208 | ) | Cash and due from banks at beginning of period | 125 |
| | 1,751 |
| | 30,232 |
| | — |
| | 32,108 |
| Cash and due from banks at end of period | $ | 124 |
| | $ | 1,995 |
| | $ | 18,781 |
| | $ | — |
| | $ | 20,900 |
| Supplemental disclosure of cash flow information for continuing operations |
|
| |
|
| |
|
| |
|
| |
|
| Cash paid during the year for income taxes | $ | 111 |
| | $ | 175 |
| | $ | 4,692 |
| | $ | — |
| | $ | 4,978 |
| Cash paid during the year for interest | 4,916 |
| | 2,346 |
| | 4,769 |
| | — |
| | 12,031 |
|
| | | | | | | | | | | | | | | | | | | | | Non-cash investing activities | | | | | | | | | | Decrease in net loans associated with significant disposals reclassified to HFS | $ | — |
| | $ | — |
| | $ | (9,063 | ) | | $ | — |
| | $ | (9,063 | ) | Decrease in investments associated with significant disposals reclassified to HFS | — |
| | — |
| | (1,402 | ) | | — |
| | (1,402 | ) | Decrease in goodwill and intangible assets associated with significant disposals reclassified to HFS | — |
| | — |
| | (223 | ) | | — |
| | (223 | ) | Decrease in deposits with banks with significant disposals reclassified to HFS | — |
| | — |
| | (404 | ) | | — |
| | (404 | ) | Transfers to loans held-for-sale from loans | — |
| | — |
| | 28,600 |
| | — |
| | 28,600 |
| Transfers to OREO and other repossessed assets | — |
| | — |
| | 276 |
| | — |
| | 276 |
| Non-cash financing activities | | | | | | | | | | Decrease in long-term debt associated with significant disposals reclassified to HFS | $ | — |
| | $ | — |
| | $ | (4,673 | ) | | $ | — |
| | $ | (4,673 | ) |
|