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SELECTED QUARATERLY FINANCIAL DATA (UNAUDITED) SELECTED QUARATERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
SELECTED QUARATERLY FINANCIAL DATA (UNAUDITED)
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
 
 
2014
2013
In millions of dollars, except per share amounts
Fourth
Third
Second
First
Fourth
Third
Second
First
Revenues, net of interest expense
$
17,812

$
19,604

$
19,342

$
20,124

$
17,779

$
17,904

$
20,488

$
20,248

Operating expenses
14,426

12,955

15,521

12,149

12,293

11,679

12,149

12,288

Provisions for credit losses and for benefits and claims
2,013

1,750

1,730

1,974

2,072

1,959

2,024

2,459

Income from continuing operations before income taxes
$
1,373

$
4,899

$
2,091

$
6,001

$
3,414

$
4,266

$
6,315

$
5,501

Income taxes (benefits)
991

1,985

1,838

2,050

1,090

1,080

2,127

1,570

Income from continuing operations
$
382

$
2,914

$
253

$
3,951

$
2,324

$
3,186

$
4,188

$
3,931

Income (loss) from discontinued operations, net of taxes
(1
)
(16
)
(22
)
37

181

92

30

(33
)
Net income before attribution of noncontrolling interests
$
381

$
2,898

$
231

$
3,988

$
2,505

$
3,278

$
4,218

$
3,898

Noncontrolling interests
31

59

50

45

50

51

36

90

Citigroup’s net income
$
350

$
2,839

$
181

$
3,943

$
2,455

$
3,227

$
4,182

$
3,808

Earnings per share (1)
 

 

 

 

 

 

 

 

Basic
 

 

 

 

 

 

 

 

Income from continuing operations
$
0.06

$
0.89

$
0.03

$
1.22

$
0.71

$
0.98

$
1.34

$
1.24

Net income
0.06

0.88

0.03

1.24

0.77

1.01

1.35

1.23

Diluted
 

 

 

 

 

 

 

 

Income from continuing operations
0.06

0.88

0.03

1.22

0.71

0.98

1.33

1.24

Net income
0.06

0.88

0.03

1.23

0.77

1.00

1.34

1.23

Common stock price per share
 

 

 

 

 

 

 

 

High
$
56.37

$
53.66

$
49.58

$
55.20

$
53.29

$
53.00

$
53.27

$
47.60

Low
49.68

46.90

45.68

46.34

47.67

47.67

42.50

41.15

Close
54.11

51.82

47.10

47.60

52.11

48.51

47.97

44.24

Dividends per share of common stock
0.01

0.01

0.01

0.01

0.01

0.01

0.01

0.01

This Note to the Consolidated Financial Statements is unaudited due to the Company’s individual quarterly results not being subject to an audit.

(1)   Due to averaging of shares, quarterly earnings per share may not add up to the totals reported for the full year.