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ALLOWANCE FOR CREDIT LOSSES (Tables)
 3 Months Ended
Mar. 31, 2017
Loans and Leases Receivable Disclosure [Abstract]  
Allowance for credit losses
 
Three months ended March 31,
In millions of dollars
2017
2016
Allowance for loan losses at beginning of period
$
12,060

$
12,626

Gross credit losses
(2,144
)
(2,143
)
Gross recoveries(1)
435

419

Net credit losses (NCLs)
$
(1,709
)
$
(1,724
)
NCLs
$
1,709

$
1,724

Net reserve builds (releases)
(20
)
42

Net specific reserve builds (releases)
(14
)
120

Total provision for loan losses
$
1,675

$
1,886

Other, net (see table below)
4

(76
)
Allowance for loan losses at end of period
$
12,030

$
12,712

Allowance for credit losses on unfunded lending commitments at beginning of period
$
1,418

$
1,402

Provision (release) for unfunded lending commitments
(43
)
71

Other, net
2

—

Allowance for credit losses on unfunded lending commitments at end of period(2)
$
1,377

$
1,473

Total allowance for loans, leases, and unfunded lending commitments
$
13,407

$
14,185


(1)
Recoveries have been reduced by certain collection costs that are incurred only if collection efforts are successful.
(2)
Represents additional credit loss reserves for unfunded lending commitments and letters of credit recorded in Other liabilities on the Consolidated Balance Sheet.

Other, net details
Three months ended March 31,
In millions of dollars
2017
2016
Sales or transfers of various consumer loan portfolios to held-for-sale
 
 
Transfer of real estate loan portfolios
$
(37
)
$
(29
)
Transfer of other loan portfolios
(124
)
(119
)
Sales or transfers of various consumer loan portfolios to held-for-sale
$
(161
)
$
(148
)
FX translation, consumer
164

63

Other
1

9

Other, net
$
4

$
(76
)
Schedule of allowance for credit losses and investment in loans by portfolio segment
 
Three Months Ended
 
March 31, 2017
March 31, 2016
In millions of dollars
Corporate
Consumer
Total
Corporate
Consumer
Total
Allowance for loan losses at beginning of period
$
2,702

$
9,358

$
12,060

$
2,791

$
9,835

$
12,626

Charge-offs
(103
)
(2,041
)
(2,144
)
(223
)
(1,920
)
(2,143
)
Recoveries
66

369

435

13

406

419

Replenishment of net charge-offs
37

1,672

1,709

210

1,514

1,724

Net reserve builds (releases)
(166
)
146

(20
)
4

38

42

Net specific reserve builds (releases)
(12
)
(2
)
(14
)
101

19

120

Other
11

(7
)
4

9

(85
)
(76
)
Ending balance
$
2,535

$
9,495

$
12,030

$
2,905

$
9,807

$
12,712



 
Three Months Ended
 
March 31, 2017
December 31, 2016
In millions of dollars
Corporate
Consumer
Total
Corporate
Consumer
Total
Allowance for loan losses
 

 

 

 
 
 
Determined in accordance with ASC 450
$
2,153

$
7,921

$
10,074

$
2,310

$
7,744

$
10,054

Determined in accordance with ASC 310-10-35
382

1,569

1,951

392

1,608

2,000

Determined in accordance with ASC 310-30
—

5

5

—

6

6

Total allowance for loan losses
$
2,535

$
9,495

$
12,030

$
2,702

$
9,358

$
12,060

Loans, net of unearned income
 
 
 
 
 


Loans collectively evaluated for impairment in accordance with ASC 450
$
301,561

$
312,761

$
614,322

$
293,218

$
317,048

$
610,266

Loans individually evaluated for impairment in accordance with ASC 310-10-35
2,471

7,573

10,044

2,631

7,799

10,430

Loans acquired with deteriorated credit quality in accordance with ASC 310-30
—

194

194

—

187

187

Loans held at fair value
4,007

28

4,035

3,457

29

3,486

Total loans, net of unearned income
$
308,039

$
320,556

$
628,595

$
299,306

$
325,063

$
624,369