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CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues      
Interest revenue [1] $ 58,551 $ 61,683 $ 62,970
Interest expense [1] 11,921 13,690 16,177
Net interest revenue [1] 46,630 47,993 46,793
Commissions and fees 11,848 [1] 13,032 12,941
Principal transactions [1] 6,008 6,698 7,302
Administration and other fiduciary fees [1] 3,648 4,013 4,089
Realized gains on sales of investments, net [1] 682 570 748
Other-than-temporary impairment losses on investments      
Gross impairment losses [1] (265) (432) (633)
Less: Impairments recognized in AOCI [1] 0 8 98
Net impairment (losses) recognized in earnings [1] (265) (424) (535)
Insurance premiums [1] 1,845 2,110 2,280
Other revenue [1] 5,958 3,227 3,106
Total non-interest revenues [1] 29,724 29,226 29,931
Total revenues, net of interest expense [1] 76,354 77,219 76,724
Provisions for credit losses and for benefits and claims      
Provision for loan losses 7,108 6,828 7,604
Policyholder benefits and claims 731 801 830
Provision (release) for unfunded lending commitments 74 (162) 80
Total provisions for credit losses and for benefits and claims 7,913 7,467 8,514
Operating expenses      
Compensation and benefits [1] 21,769 23,959 23,967
Premises and equipment [1] 2,878 3,178 3,165
Technology/communication [1] 6,581 6,436 6,136
Advertising and marketing [1] 1,547 1,844 1,888
Other operating [1] 10,840 19,634 13,252
Total operating expenses [1] 43,615 55,051 48,408
Income from continuing operations before income taxes 24,826 14,701 19,802
Provision for income taxes 7,440 7,197 6,186
Income from continuing operations 17,386 7,504 13,616
Discontinued operations      
Income (loss) from discontinued operations (83) 10 (242)
Gain on sale 0 0 268
Provision (benefit) for income taxes (29) 12 (244)
Income (loss) from discontinued operations, net of taxes (54) (2) 270
Net income before attribution of noncontrolling interests 17,332 7,502 13,886
Noncontrolling interests 90 192 227
Citigroup’s net income $ 17,242 $ 7,310 $ 13,659
Basic earnings per share      
Income from continuing operations (in dollars per share) [2] $ 5.43 $ 2.21 $ 4.26
Income (loss) from discontinued operations, net of taxes (in dollars per share) [2] (0.02) 0.00 0.09
Net income (in dollars per share) [2] $ 5.41 $ 2.21 $ 4.35
Weighted average common shares outstanding (in shares) 3,004.0 3,031.6 3,035.8
Diluted earnings per share      
Income from continuing operations (in dollars per share) [2] $ 5.42 $ 2.20 $ 4.25
Income (loss) from discontinued operations, net of taxes (in dollars per share) [2] (0.02) 0.00 0.09
Net income (in dollars per share) [2] $ 5.40 $ 2.20 $ 4.34
Adjusted weighted average common shares outstanding (in shares) 3,007.7 3,037.0 3,041.6
[1] Certain prior-period revenue and expense lines and totals were reclassified to conform to the current period’s presentation. See Note 3 to the Consolidated Financial Statements.
[2] Due to rounding, earnings per share on continuing operations and discontinued operations may not sum to earnings per share on net income.