DISCONTINUED OPERATIONS AND SIGNIFICANT DISPOSALS (Tables)

3 Months Ended

Mar. 31, 2015

Discontinued operations

Summarized financial information disposal groups including discontinued operations

The following assets and liabilities for the Japan retail banking, Japan cards business and OneMain Financial business were identified and reclassified to HFS within Other assets and Other liabilities on the Consolidated Balance Sheet at March 31, 2015 (OneMain, Japan cards and Japan retail) and December 31, 2014 (Japan retail):

In millions of dollars	March 31, 2015		Dec. 31, 2014
Assets
Cash and deposits with banks	$	626	$	151
Investments	1,499		—
Loans (net of allowance of $713 million and $2 million at March 31, 2015 and December 31, 2014)	9,283		544
Goodwill	112		51
Intangible assets	123		—
Other assets, advances to/from subs	19,480		19,854
Other assets	473		66
Total assets	$	31,596	$	20,666
Liabilities
Deposits	$	20,193	$	20,605
Long-term debt	4,673		—
Other liabilities, due to/from subs	1,902		—
Other liabilities	1,970		61
Total liabilities	$	28,738	$	20,666

The following is summarized financial information for Credicard, CCA, Egg and previous Discontinued operations for which Citi continues to have minimal residual costs associated with the sales:

	Three Months Ended March 31,
In millions of dollars	2015			2014
Total revenues, net of interest expense	$	—		$	69
Income (loss) from discontinued operations	$	(8	)	$	40
Provision (benefit) for income taxes	(3		)	3
Income (loss) from discontinued operations, net of taxes	$	(5	)	$	37

OneMain Financial Business

Discontinued operations

Summarized financial information disposal groups including discontinued operations

Income before taxes is as follows:

	Three Months Ended March 31,
In millions of dollars	2015		2014
Income before taxes	$	177	$	242

The following assets and liabilities for the OneMain Financial business were identified and reclassified to HFS within Other assets and Other liabilities on the Consolidated Balance Sheet at March 31, 2015:

In millions of dollars	March 31, 2015
Assets
Cash and deposits with banks	$	492
Investments	1,499
Loans (net of allowance of $688 million)	7,427
Intangible assets	123
Other assets	355
Total assets	$	9,896
Liabilities
Long-term debt	$	4,673
Other liabilities, due to/from subs	1,902
Other liabilities	1,454
Total liabilities	$	8,029

Japan Cards Business

Discontinued operations

Summarized financial information disposal groups including discontinued operations

Income before taxes is as follows:

	Three Months Ended March 31,
In millions of dollars	2015			2014
Income before taxes	$	(1	)	$	—

The following assets and liabilities for the Japan cards business were identified and reclassified to HFS within Other assets and Other liabilities on the Consolidated Balance Sheet at March 31, 2015:

In millions of dollars	March 31, 2015
Assets
Cash and deposits with banks	$	16
Loans (net of allowance of $24 million)	1,308
Goodwill	61
Other assets	66
Total assets	$	1,451
Liabilities
Other liabilities	$	460
Total liabilities	$	460

Japan Retail Business

Discontinued operations

Summarized financial information disposal groups including discontinued operations

Income before taxes is as follows:

	Three Months Ended March 31,
In millions of dollars	2015		2014
Income before taxes	$	—	$	2

The following assets and liabilities for the Japan retail banking business were identified and reclassified to HFS within Other assets and Other liabilities on the Consolidated Balance Sheet at March 31, 2015 and December 31, 2014:

	March 31,		Dec. 31,
In millions of dollars	2015		2014
Assets
Cash and deposits with banks	$	118	$	151
Loans (net of allowance of $1 million and $2 million at March 31, 2015 and December 31, 2014)	548		544
Goodwill	51		51
Other assets, advances to/from subs	19,480		19,854
Other assets	52		66
Total assets	$	20,249	$	20,666
Liabilities
Deposits	$	20,193	$	20,605
Other liabilities	56		61
Total liabilities	$	20,249	$	20,666

Spain Consumer Business

Discontinued operations

Summarized financial information disposal groups including discontinued operations

	Three Months Ended March 31,
In millions of dollars	2015		2014
Income before taxes	$	—	$	21

Greece Consumer Business

Discontinued operations

Summarized financial information disposal groups including discontinued operations

	Three Months Ended March 31,
In millions of dollars	2015		2014
Income before taxes	$	—	$	(15	)