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CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues      
Interest revenue [1] $ 57,615 $ 58,551 $ 61,683
Interest expense [1] 12,511 11,921 13,690
Net interest revenue [1] 45,104 46,630 47,993
Commissions and fees [1] 10,521 11,848 13,032
Principal transactions [1] 7,585 6,008 6,698
Administration and other fiduciary fees [1] 3,364 3,648 4,013
Realized gains on sales of investments, net [1] 948 682 570
Other-than-temporary impairment losses on investments      
Gross impairment losses [1] (620) (265) (432)
Less: Impairments recognized in AOCI [1] 0 0 8
Net impairment losses recognized in earnings [1] (620) (265) (424)
Insurance premiums [1] 836 1,845 2,110
Other revenue [1] 2,137 5,958 3,227
Total non-interest revenues [1] 24,771 29,724 29,226
Total revenues, net of interest expense [1] 69,875 76,354 77,219
Provisions for credit losses and for benefits and claims      
Provision for loan losses 6,749 7,108 6,828
Policyholder benefits and claims 204 731 801
Provision (release) for unfunded lending commitments 29 74 (162)
Total provisions for credit losses and for benefits and claims 6,982 7,913 7,467
Operating expenses      
Compensation and benefits [1] 20,970 21,769 23,959
Premises and equipment [1] 2,542 2,878 3,178
Technology/communication [1] 6,685 6,581 6,436
Advertising and marketing [1] 1,632 1,547 1,844
Other operating [1] 9,587 10,840 19,634
Total operating expenses [1] 41,416 43,615 55,051
Income (loss) from continuing operations before income taxes 21,477 24,826 14,701
Provision for income taxes 6,444 7,440 7,197
Income from continuing operations 15,033 17,386 7,504
Discontinued operations      
Income (loss) from discontinued operations (80) (83) 10
Provision (benefit) for income taxes (22) (29) 12
Loss from discontinued operations, net of taxes (58) (54) (2)
Net income before attribution of noncontrolling interests 14,975 17,332 7,502
Noncontrolling interests 63 90 192
Citigroup’s net income $ 14,912 $ 17,242 $ 7,310
Basic      
Income from continuing operations (in dollars per share) [2] $ 4.74 $ 5.43 $ 2.21
Income (loss) from discontinued operations, net of taxes (in dollars per share) [2] (0.02) (0.02) 0.00
Net income (in dollars per share) [2] $ 4.72 $ 5.41 $ 2.21
Weighted average common shares outstanding (in shares) 2,888.1 3,004.0 3,031.6
Diluted      
Income from continuing operations (in dollars per share) [2] $ 4.74 $ 5.42 $ 2.20
Income (loss) from discontinued operations, net of taxes (in dollars per share) [2] (0.02) (0.02) 0.00
Net income (in dollars per share) [2] $ 4.72 $ 5.40 $ 2.20
Adjusted weighted average common shares outstanding (in shares) 2,888.3 3,007.7 3,037.0
[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.