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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Reconciliation of the income and share data used in the basic and diluted earnings per share computations
The following is a reconciliation of the income and share data used in the basic and diluted earnings per share (EPS) computations for the three and six months ended June 30:
 
Three Months Ended 
 June 30,
Six Months Ended June 30,
In millions, except per-share amounts
2015
2014
2015
2014
Income from continuing operations before attribution of noncontrolling interests
$
4,858

$
253

$
9,675

$
4,205

Less: Noncontrolling interests from continuing operations
18

50

60

95

Net income from continuing operations (for EPS purposes)
$
4,840

$
203

$
9,615

$
4,110

Income (loss) from discontinued operations, net of taxes
6

(22
)
1

15

Citigroup's net income
$
4,846

$
181

$
9,616

$
4,125

Less: Preferred dividends(1)
202

100

330

224

Net income available to common shareholders
$
4,644

$
81

$
9,286

$
3,901

Less: Dividends and undistributed earnings allocated to employee restricted and deferred shares with nonforfeitable rights to dividends, applicable to basic EPS
64

1

126

64

Net income allocated to common shareholders for basic and diluted EPS
$
4,580

$
80

$
9,160

$
3,837

Weighted-average common shares outstanding applicable to basic EPS
3,020.0

3,033.8

3,027.1

3,035.6

Effect of dilutive securities
 
 
 

 
Options(2)
4.9

4.3

4.9

4.9

Other employee plans
0.1

0.2

0.1

0.3

Convertible securities(3)




Adjusted weighted-average common shares outstanding applicable to diluted EPS
3,025.0

3,038.3

3,032.1

3,040.8

Basic earnings per share(4)
 
 
 

  
Income from continuing operations
$
1.51

$
0.03

$
3.03

$
1.26

Discontinued operations

(0.01
)


Net income
$
1.52

$
0.03

$
3.03

$
1.26

Diluted earnings per share(4)
 
 
 
  
Income from continuing operations
$
1.51

$
0.03

$
3.02

$
1.26

Discontinued operations

(0.01
)


Net income
$
1.51

$
0.03

$
3.02

$
1.26

(1)
See Note 19 to the Consolidated Financial Statements for the potential future impact of preferred stock dividends.
(2)
During the second quarters of 2015 and 2014, weighted-average options to purchase 0.9 million and 7.5 million shares of common stock, respectively, were outstanding but not included in the computation of earnings per share because the weighted-average exercise prices of $201.01 and $117.33 per share, respectively, were anti-dilutive.
(3)
Warrants issued to the U.S. Treasury as part of the Troubled Asset Relief Program (TARP) and the loss-sharing agreement (all of which were subsequently sold to the public in January 2011), with exercise prices of $178.50 and $106.10 per share for approximately 21.0 million and 25.5 million shares of Citigroup common stock, respectively. Both warrants were not included in the computation of earnings per share in the three and six months ended June 30, 2015 and 2014 because they were anti-dilutive.
(4)
Due to rounding, earnings per share on continuing operations and discontinued operations may not sum to earnings per share on net income.