DISCONTINUED OPERATIONS AND SIGNIFICANT DISPOSALS (Tables)

9 Months Ended

Sep. 30, 2015

Discontinued operations

Summarized financial information disposal groups including discontinued operations

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 September 30,						Nine Months Ended September 30,
In millions of dollars	2015			2014			2015			2014
Total revenues, net of interest expense	$	—		$	2		$	—		$	75
Income (loss) from discontinued operations	$	(15	)	$	(25	)	$	(14	)	$	12
Provision (benefit) for income taxes	(5		)	(9		)	(5		)	13
Income (loss) from discontinued operations, net of taxes	$	(10	)	$	(16	)	$	(9	)	$	(1	)

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 September 30, 2015 (OneMain, Japan cards and Japan retail) and December 31, 2014 (Japan retail):

In millions of dollars	September 30, 2015		December 31, 2014
Assets
Cash and deposits with banks	$	665	$	151
Investments	1,403		—
Loans (net of allowance of $690 million and $2 million at September 30, 2015 and December 31, 2014)	9,627		544
Goodwill	112		51
Intangible assets	155		—
Other assets, advances to/from subs	19,036		19,854
Other assets	542		66
Total assets	$	31,540	$	20,666
Liabilities
Deposits	$	19,779	$	20,605
Long-term debt	6,179		—
Short-term borrowings	1,136		—
Other liabilities, due to/from subs	292		—
Other liabilities	1,615		61
Total liabilities	$	29,001	$	20,666

OneMain Financial Business

Discontinued operations

Summarized financial information disposal groups including discontinued operations

Income before taxes is as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
In millions of dollars	2015		2014		2015		2014
Income before taxes	$	216	$	223	$	570	$	710

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 September 30, 2015:

In millions of dollars	September 30, 2015
Assets
Cash and deposits with banks	$	523
Investments	1,403
Loans (net of allowance of $666 million)	7,731
Intangible assets	155
Other assets	417
Total assets	$	10,229
Liabilities
Long-term debt	$	6,179
Short-term borrowings	1,136
Other liabilities, due to/from subs	292
Other liabilities	1,106
Total liabilities	$	8,713

Japan Cards Business

Discontinued operations

Summarized financial information disposal groups including discontinued operations

Income before taxes is as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
In millions of dollars	2015		2014		2015		2014
Income before taxes	$	4	$	1	$	13	$	—

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 September 30, 2015:

In millions of dollars	September 30, 2015
Assets
Cash and deposits with banks	$	16
Loans (net of allowance of $23 million)	1,332
Goodwill	61
Other assets	77
Total assets	$	1,486
Liabilities
Other liabilities	$	463
Total liabilities	$	463

Japan Retail Business

Discontinued operations

Summarized financial information disposal groups including discontinued operations

Income before taxes is as follows:

	Three Months Ended September 30,					Nine Months Ended September 30,
In millions of dollars	2015			2014		2015			2014
Income (loss) before taxes	$	(22	)	$	5	$	(2	)	$	5

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 September 30, 2015 and December 31, 2014:

	September 30,		December 31,
In millions of dollars	2015		2014
Assets
Cash and deposits with banks	$	126	$	151
Loans (net of allowance of $1 million and $2 million at September 30, 2015 and December 31, 2014, respectively)	564		544
Goodwill	51		51
Other assets, advances to/from subs	19,036		19,854
Other assets	48		66
Total assets	$	19,825	$	20,666
Liabilities
Deposits	$	19,779	$	20,605
Other liabilities	46		61
Total liabilities	$	19,825	$	20,666

Spain Consumer Business

Discontinued operations

Summarized financial information disposal groups including discontinued operations

Income before taxes is as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
In millions of dollars	2015		2014		2015		2014
Income before taxes	$	—	$	340	$	—	$	373

Greece Consumer Business

Discontinued operations

Summarized financial information disposal groups including discontinued operations

Income before taxes is as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
In millions of dollars	2015		2014		2015		2014
Income before taxes	$	—	$	173	$	—	$	133