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BUSINESS SEGMENTS
 3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
BUSINESS SEGMENTS
BUSINESS SEGMENTS
Citigroup’s activities are conducted through the Global Consumer Banking (GCB), Institutional Clients Group (ICG), Corporate/Other and Citi Holdings business segments.
GCB includes a global, full-service consumer franchise delivering a wide array of banking, including commercial banking, credit card lending and investment services through a network of local branches, offices and electronic delivery systems and is composed of four GCB businesses: North America, EMEA, Latin America and Asia.
ICG is composed of Banking and Markets and securities services and provides corporate, institutional, public sector and high-net-worth clients in over 95 countries and jurisdictions with a broad range of banking and financial products and services.
Corporate/Other includes certain unallocated costs of global functions, other corporate expenses and net treasury results, unallocated corporate expenses, offsets to certain line-item reclassifications and eliminations, the results of discontinued operations and unallocated taxes.
Citi Holdings is composed of businesses and portfolios of assets that Citigroup has determined are not central to its core Citicorp businesses.
The accounting policies of these reportable segments are the same as those disclosed in Note 1 to the Consolidated Financial Statements in Citi’s 2015 Annual Report on Form 10-K.
The prior-period balances reflect reclassifications to conform the presentation to the current period’s presentation. Effective January 1, 2016, the historical financial data was reclassified from Citicorp to Citi Holdings for the consumer businesses in Argentina, Brazil and Colombia that Citi intends to exit. These businesses, which previously were reported as part of Latin America Global Consumer Banking, are now reported as part of Citi Holdings. While Citi does not intend to exit its consumer businesses in Venezuela, these businesses are not significant, lending predominantly to support ICG activities, and are now reported as part of ICG. Similarly, Citi’s remaining indirect investment in Banco de Chile is now reported as part of ICG. The following also reflects certain other regional reclassifications within ICG and certain other immaterial reclassifications. Citi’s consolidated results remain unchanged for all periods presented as a result of the changes discussed above.
The following table presents certain information regarding the Company’s continuing operations by segment:
 
Revenues,
net of interest expense(1)
Provision (benefits)
for income taxes
Income (loss) from
continuing operations(2)
Identifiable assets
 
Three Months Ended March 31,
 
 
In millions of dollars, except identifiable assets in billions
2016
2015
2016
2015
2016
2015
March 31, 2016
December 31, 2015
Global Consumer Banking
$
7,770

$
8,302

$
646

$
917

$
1,231

$
1,712

$
385

$
381

Institutional Clients Group
8,036

9,077

818

1,365

1,959

2,974

1,292

1,217

Corporate/Other
274

212

(115
)
(311
)
(29
)
(19
)
51

52

Total Citicorp
$
16,080

$
17,591

$
1,349

$
1,971

$
3,161

$
4,667

$
1,728

$
1,650

Citi Holdings
1,475

2,145

130

149

347

150

73

81

Total
$
17,555

$
19,736

$
1,479

$
2,120

$
3,508

$
4,817

$
1,801

$
1,731

(1)
Includes Citicorp (excluding Corporate/Other) total revenues, net of interest expense, in North America of $7.9 billion and $8.5 billion; in EMEA of $2.2 billion and $2.9 billion; in Latin America of $2.2 billion and $2.4 billion; and in Asia of $3.5 billion and $3.6 billion for the three months ended March 31, 2016 and 2015, respectively.
(2)
Includes pretax provisions for credit losses and for benefits and claims in the GCB results of $1.5 billion and $1.4 billion; in the ICG results of $390 million and $86 million; and in Citi Holdings results of $0.2 billion and $0.5 billion for the three months ended March 31, 2016 and 2015, respectively.