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BUSINESS SEGMENTS
12 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
BUSINESS SEGMENTS
BUSINESS SEGMENTS
Citigroup’s activities are conducted through the Global Consumer Banking (GCB), Institutional Clients Group (ICG), Corporate/Other and Citi Holdings business segments.
GCB includes a global, full-service consumer franchise delivering a wide array of banking, credit card lending and investment services through a network of local branches, offices and electronic delivery systems and is composed of four GCB businesses: North America, EMEA, Latin America and Asia.
ICG is composed of Banking and Markets and securities services and provides corporate, institutional, public sector and high-net-worth clients in approximately 100 countries with a broad range of banking and financial products and services.
Corporate/Other includes certain unallocated costs of global functions, other corporate expenses and net treasury results, unallocated corporate expenses, offsets to certain line-item reclassifications and eliminations, the results of discontinued operations and unallocated taxes.
Citi Holdings is composed of businesses and portfolios of assets that Citigroup has determined are not central to its core Citicorp businesses.
The accounting policies of these reportable segments are the same as those disclosed in Note 1 to the Consolidated Financial Statements.
The prior-period balances reflect reclassifications to conform the presentation in those periods to the current period’s presentation. Effective January 1, 2014, certain business activities within the former Securities and Banking and Transaction Services were realigned and aggregated as Banking and Markets and securities services within ICG. This change was due to the realignment of the management structure within ICG and did not have an impact on any total segment-level information. In addition, during the first quarter of 2014, reclassifications were made related to Citi’s re-allocation of certain administrative, operations and technology costs among Citi’s businesses, the allocation of certain costs from Corporate/Other to Citi’s businesses as well as certain immaterial reclassifications between revenues and expenses affecting ICG.
The following table presents certain information regarding the Company’s continuing operations by segment:
 
Revenues,
net of interest expense (1)
Provision (benefits)
for income taxes
Income (loss) from
continuing operations (2)
Identifiable assets
In millions of dollars, except identifiable assets in billions
2014
2013
2012
2014
2013
2012
2014
2013
2012
2014
2013
Global Consumer Banking
$
37,753

$
38,165

$
39,105

$
3,473

$
3,424

$
3,468

$
6,938

$
6,763

$
7,597

$
396

$
405

Institutional Clients Group
33,267

33,567

30,762

3,729

3,857

2,021

9,521

9,414

7,834

1,020

1,045

Corporate/Other
47

121

128

(459
)
(282
)
(1,093
)
(5,593
)
(630
)
(1,048
)
329

313

Total Citicorp
$
71,067

$
71,853

$
69,995

$
6,743

$
6,999

$
4,396

$
10,866

$
15,547

$
14,383

$
1,745

$
1,763

Citi Holdings
5,815

4,566

(805
)
121

(1,132
)
(4,389
)
(3,366
)
(1,917
)
(6,565
)
98

117

Total
$
76,882

$
76,419

$
69,190

$
6,864

$
5,867

$
7

$
7,500

$
13,630

$
7,818

$
1,843

$
1,880

(1)  
Includes Citicorp (excluding Corporate/Other) total revenues, net of interest expense, in North America of $32.0 billion, $31.2 billion and $29.9 billion; in EMEA of $10.9 billion, $11.5 billion and $11.5 billion; in Latin America of $13.4 billion, $14.0 billion and $13.5 billion; and in Asia of $14.7 billion, $15.0 billion and $15.0 billion in 2014, 2013, and 2012, respectively.
(2)  
Includes pretax provisions (credits) for credit losses and for benefits and claims in GCB of $6.1 billion, $6.8 billion and $6.2 billion; in ICG of $57 million, $78 million and $276 million; and in Citi Holdings of $1.3 billion, $1.6 billion and $4.9 billion in 2014, 2013, and 2012, respectively.