DISCONTINUED OPERATIONS AND SIGNIFICANT DISPOSALS (Tables)

6 Months Ended

Jun. 30, 2015

Discontinued operations

Summarized financial information disposal groups including discontinued operations

The following assets and liabilities of 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 June 30, 2015 (OneMain, Japan cards and Japan retail) and December 31, 2014 (Japan retail):

In millions of dollars	June 30, 2015		Dec. 31, 2014
Assets
Cash and deposits with banks	$	533	$	151
Investments	1,444		—
Loans (net of allowance of $708 million and $2 million at June 30, 2015 and December 31, 2014)	9,419		544
Goodwill	112		51
Intangible assets	152		—
Other assets, advances to/from subs	19,286		19,854
Other assets	492		66
Total assets	$	31,438	$	20,666
Liabilities
Deposits	$	19,982	$	20,605
Long-term debt	5,923		—
Other liabilities, due to/from subs	2,033		—
Other liabilities	1,963		61
Total liabilities	$	29,901	$	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 June 30,					Six Months Ended June 30,
In millions of dollars	2015		2014			2015		2014
Total revenues, net of interest expense	$	—	$	4		$	—	$	73
Income (loss) from discontinued operations	$	9	$	(3	)	$	1	$	37
Provision (benefit) for income taxes	3		19			—		22
Income (loss) from discontinued operations, net of taxes	$	6	$	(22	)	$	1	$	15

OneMain Financial Business

Discontinued operations

Summarized financial information disposal groups including discontinued operations

Income before taxes is as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
In millions of dollars	2015		2014		2015		2014
Income before taxes	$	168	$	226	$	346	$	487

The following assets and liabilities of the OneMain Financial business were identified and reclassified to HFS within Other assets and Other liabilities on the Consolidated Balance Sheet at June 30, 2015:

In millions of dollars	June 30, 2015
Assets
Cash and deposits with banks	$	420
Investments	1,444
Loans (net of allowance of $684 million)	7,533
Intangible assets	152
Other assets	361
Total assets	$	9,910
Liabilities
Long-term debt	$	5,923
Other liabilities, due to/from subs	2,033
Other liabilities	1,453
Total liabilities	$	9,409

Japan Cards Business

Discontinued operations

Summarized financial information disposal groups including discontinued operations

Income before taxes is as follows:

	Three Months Ended June 30,					Six Months Ended June 30,
In millions of dollars	2015		2014			2015		2014
Income before taxes	$	10	$	(1	)	$	9	$	(1	)

The following assets and liabilities of the Japan cards business were identified and reclassified to HFS within Other assets and Other liabilities on the Consolidated Balance Sheet at June 30, 2015:

In millions of dollars	June 30, 2015
Assets
Cash and deposits with banks	$	16
Loans (net allowance of $23 million)	1,341
Goodwill	61
Other assets	73
Total assets	$	1,491
Liabilities
Other liabilities	$	455
Total liabilities	$	455

Japan Retail Business

Discontinued operations

Summarized financial information disposal groups including discontinued operations

Income before taxes is as follows:

	Three Months Ended June 30,					Six Months Ended June 30,
In millions of dollars	2015		2014			2015		2014
Income before taxes	$	20	$	(2	)	$	20	$	—

The following assets and liabilities of the Japan retail banking business were identified and reclassified to HFS within Other assets and Other liabilities on the Consolidated Balance Sheet at June 30, 2015 and December 31, 2014:

	June 30,		Dec. 31,
In millions of dollars	2015		2014
Assets
Cash and deposits with banks	$	97	$	151
Loans (net of allowance of $1 million and $2 million at June 30, 2015 and December 31, 2014)	545		544
Goodwill	51		51
Other assets, advances to/from subs	19,286		19,854
Other assets	58		66
Total assets	$	20,037	$	20,666
Liabilities
Deposits	$	19,982	$	20,605
Other liabilities	55		61
Total liabilities	$	20,037	$	20,666

Spain Consumer Business

Discontinued operations

Summarized financial information disposal groups including discontinued operations

Income before taxes is as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
In millions of dollars	2015		2014		2015		2014
Income before taxes	$	—	$	12	$	—	$	33

Greece Consumer Business

Discontinued operations

Summarized financial information disposal groups including discontinued operations

Income before taxes is as follows:

	Three Months Ended June 30,					Six Months Ended June 30,
In millions of dollars	2015		2014			2015		2014
Income before taxes	$	—	$	(25	)	$	—	$	(40	)