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CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities of continuing operations    
Citigroup's net income $ 4,100 $ 3,506
Net income attributable to noncontrolling interests 10 5
Citigroup’s net income 4,090 3,501
Loss from discontinued operations, net of taxes (18) (2)
Income from continuing operations—excluding noncontrolling interests 4,108 3,503
Adjustments to reconcile net income to net cash provided by operating activities of continuing operations    
Net gains on significant disposals [1] (19) (422)
Depreciation and amortization 896 908
Provision for loan losses 1,675 1,886
Realized gains from sales of investments (192) (186)
Net impairment losses on investments, goodwill and intangible assets 40 465
Change in trading account assets (1,073) (23,791)
Change in trading account liabilities 5,025 18,634
Change in brokerage receivables net of brokerage payables (5,498) (3,043)
Change in loans held-for-sale (HFS) 1,949 3,896
Change in other assets (811) (3,327)
Change in other liabilities (5,685) (179)
Other, net (3,421) 1,118
Total adjustments (7,114) (4,041)
Net cash provided by (used in) operating activities of continuing operations (3,006) (538)
Cash flows from investing activities of continuing operations    
Change in deposits with banks (20,322) (23,852)
Change in federal funds sold and securities borrowed or purchased under agreements to resell (6,116) (5,418)
Change in loans (7,953) (5,057)
Proceeds from sales and securitizations of loans 3,191 1,247
Purchases of investments (41,584) (59,715)
Proceeds from sale of investments 29,456 39,268
Proceeds from maturities of investments 24,006 16,544
Proceeds from significant disposals [1] 2,732 265
Capital expenditures on premises and equipment and capitalized software (786) (702)
Proceeds from sales of premises and equipment, subsidiaries and affiliates, and repossessed assets 133 230
Net cash used in investing activities of continuing operations (17,243) (37,190)
Cash flows from financing activities of continuing operations    
Dividends paid (744) (359)
Issuance of preferred stock 0 1,004
Treasury stock acquired (1,858) (1,312)
Stock tendered for payment of withholding taxes (397) (308)
Change in federal funds purchased and securities loaned or sold under agreements to repurchase 6,409 10,712
Issuance of long-term debt 18,603 13,904
Payments and redemptions of long-term debt (18,885) (11,281)
Change in deposits 20,584 26,704
Change in short-term borrowings (4,574) (186)
Net cash provided by financing activities of continuing operations 19,138 38,878
Effect of exchange rate changes on cash and cash equivalents 340 190
Change in cash and due from banks (771) 1,340
Cash and due from banks at beginning of period 23,043 20,900
Cash and due from banks at end of period 22,272 22,240
Supplemental disclosure of cash flow information for continuing operations    
Cash paid during the period for income taxes 913 688
Cash paid during the period for interest 3,250 2,694
Non-cash investing activities    
Decrease in goodwill associated with significant disposals reclassified to HFS 0 (30)
Transfers to loans HFS from loans 2,800 3,200
Transfers to OREO and other repossessed assets $ 30 $ 56
[1] See Note 2 to the Consolidated Financial Statements for further information on significant disposals.