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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities of continuing operations    
Net income before attribution of noncontrolling interests $ 3,506 $ 4,812
Net income attributable to noncontrolling interests 5 42
Citigroup’s net income 3,501 4,770
Loss from discontinued operations, net of taxes (2) (5)
Income from continuing operations—excluding noncontrolling interests 3,503 4,775
Adjustments to reconcile net income to net cash provided by operating activities of continuing operations    
Gains on significant disposals [1] (422) 0
Depreciation and amortization 908 885
Provision for loan losses 1,886 1,755
Realized gains from sales of investments (186) (307)
Net impairment losses on investments, goodwill and intangible assets 465 93
Change in trading account assets (23,791) (6,197)
Change in trading account liabilities 18,634 3,402
Change in brokerage receivables net of brokerage payables (3,043) (1,146)
Change in loans held-for-sale (HFS) 3,896 (2,881)
Change in other assets (3,327) (730)
Change in other liabilities (179) 386
Other, net 1,800 2,058
Total adjustments (3,359) (2,682)
Net cash provided by (used in) operating activities of continuing operations 144 2,093
Cash flows from investing activities of continuing operations    
Change in deposits with banks (23,852) (5,807)
Change in federal funds sold and securities borrowed or purchased under agreements to resell (5,418) 3,555
Change in loans (5,057) 6,831
Proceeds from sales and securitizations of loans 1,247 3,259
Purchases of investments (59,715) (76,463)
Proceeds from sales of investments 39,268 56,928
Proceeds from maturities of investments 16,544 19,897
Proceeds from significant disposals [1] 265 0
Capital expenditures on premises and equipment and capitalized software (702) (740)
Proceeds from sales of premises and equipment, subsidiaries and affiliates, and repossessed assets 230 135
Net cash provided by (used in) investing activities of continuing operations (37,190) 7,595
Cash flows from financing activities of continuing operations    
Dividends paid (359) (159)
Issuance of preferred stock 1,004 1,494
Treasury stock acquired (1,312) (297)
Stock tendered for payment of withholding taxes (308) (419)
Change in federal funds purchased and securities loaned or sold under agreements to repurchase 10,712 1,933
Issuance of long-term debt 13,439 11,704
Payments and redemptions of long-term debt (11,498) (15,493)
Change in deposits 26,704 315
Change in short-term borrowings (186) (18,930)
Net cash provided by (used in) financing activities of continuing operations 38,196 (19,852)
Effect of exchange rate changes on cash and cash equivalents 190 (64)
Change in cash and due from banks 1,340 (10,228)
Cash and due from banks at beginning of period 20,900 32,108
Cash and due from banks at end of period 22,240 21,880
Supplemental disclosure of cash flow information for continuing operations    
Cash paid during the period for income taxes 688 1,100
Cash paid during the period for interest 2,694 2,908
Non-cash investing activities    
Decrease in net loans associated with significant disposals reclassified to HFS 0 (8,735)
Decrease in investments associated with significant disposals reclassified to HFS 0 (1,499)
Decrease in goodwill associated with significant disposals reclassified to HFS (30) (184)
Transfers to loans HFS from loans 3,200 14,600
Transfers to OREO and other repossessed assets 56 88
Non-cash financing activities    
Decrease in long-term debt associated with significant disposals reclassified to HFS $ 0 $ (4,673)
[1] See Note 2 for further information on significant disposals.