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CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
 12 Months Ended
Dec. 31, 2016
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Changes in each component of Accumulated Other Comprehensive Income (Loss)
Changes in each component of Citigroup’s Accumulated other comprehensive income (loss):
In millions of dollars
Net
unrealized
gains (losses)
on investment securities
Debt valuation adjustment (DVA)(1)
Cash flow hedges(2)
Benefit plans(3)
Foreign
currency
translation
adjustment (CTA), net of hedges(4)
Accumulated
other
comprehensive income (loss)
Balance, December 31, 2013
$
(1,640
)
$
—

$
(1,245
)
$
(3,989
)
$
(12,259
)
$
(19,133
)
Other comprehensive income before reclassifications
1,790

—

85

(1,346
)
(4,946
)
(4,417
)
Increase (decrease) due to amounts reclassified from AOCI
(93
)
—

251

176

—

334

Change, net of taxes(5)
$
1,697

$
—

$
336

$
(1,170
)
$
(4,946
)
$
(4,083
)
Balance, December 31, 2014
$
57

$
—

$
(909
)
$
(5,159
)
$
(17,205
)
$
(23,216
)
Other comprehensive income before reclassifications
$
(695
)
$
—

$
83

$
(143
)
$
(5,465
)
$
(6,220
)
Increase (decrease) due to amounts reclassified from AOCI 
(269
)
—

209

186

(34
)
92

Change, net of taxes 
$
(964
)
$
—

$
292

$
43

$
(5,499
)
$
(6,128
)
Balance, December 31, 2015
$
(907
)
$
—

$
(617
)
$
(5,116
)
$
(22,704
)
$
(29,344
)
Adjustment to opening balance, net of taxes
$
—

$
(15
)
$
—

$
—

$
—

$
(15
)
Adjusted balance, beginning of period
$
(907
)
$
(15
)
$
(617
)
$
(5,116
)
$
(22,704
)
$
(29,359
)
Other comprehensive income before reclassifications
530

(335
)
(88
)
(208
)
(2,802
)
(2,903
)
Increase (decrease) due to amounts reclassified from AOCI
(422
)
(2
)
145

160

—

(119
)
Change, net of taxes 
$
108

$
(337
)
$
57

$
(48
)
$
(2,802
)
$
(3,022
)
Balance at December 31, 2016
$
(799
)
$
(352
)
$
(560
)
$
(5,164
)
$
(25,506
)
$
(32,381
)
(1)
Beginning in the first quarter of 2016, changes in DVA are reflected as a component of AOCI, pursuant to the adoption of only the provisions of ASU No. 2016-01 relating to the presentation of DVA on fair value option liabilities. See Note 1 to the Consolidated Financial Statements for further information regarding this change.
(2)
Primarily driven by Citi’s pay fixed/receive floating interest rate swap programs that hedge the floating rates on liabilities.
(3)
Primarily reflects adjustments based on the quarterly actuarial valuations of Citi’s significant pension and postretirement plans, annual actuarial valuations of all other plans, and amortization of amounts previously recognized in Other comprehensive income.
(4)
Primarily reflects the movements in (by order of impact) the Mexican peso, Euro, British pound and Indian rupee against the U.S. dollar, and changes in related tax effects and hedges for the year ended December 31, 2016. Primarily reflects the movements in (by order of impact) the Mexican peso, Brazilian real, Korean won and Euro against the U.S. dollar, and changes in related tax effects and hedges for the year ended December 31, 2015. Primarily reflects the movements in (by order of impact) the Mexican peso, Euro, Japanese yen, and Russian ruble against the U.S. dollar, and changes in related tax effects and hedges for the year ended December 31, 2014.
(5)
During 2014, $137 million ($84 million net of tax) was reclassified to reflect the allocation of FX translation between Net unrealized gains (losses) on investment securities to Foreign currency translation adjustment (CTA).


Schedule of pretax and after-tax changes in each component of Accumulated other comprehensive income (loss)
The pretax and after-tax changes in each component of Accumulated other comprehensive income (loss) are as follows:
In millions of dollars
Pretax
Tax effect
After-tax
Balance, December 31, 2013
$
(27,596
)
$
8,463

$
(19,133
)
Change in net unrealized gains (losses) on investment securities
2,704

(1,007
)
1,697

Cash flow hedges
543

(207
)
336

Benefit plans
(1,830
)
660

(1,170
)
Foreign currency translation adjustment
(4,881
)
(65
)
(4,946
)
Change
$
(3,464
)
$
(619
)
$
(4,083
)
Balance, December 31, 2014
$
(31,060
)
$
7,844

$
(23,216
)
Change in net unrealized gains (losses) on investment securities
(1,462
)
498

(964
)
Cash flow hedges
468

(176
)
292

Benefit plans
19

24

43

Foreign currency translation adjustment
(6,405
)
906

(5,499
)
Change
$
(7,380
)
$
1,252

$
(6,128
)
Balance, December 31, 2015
$
(38,440
)
$
9,096

$
(29,344
)
Adjustment to opening balance(1)
(26
)
11

(15
)
Adjusted balance, beginning of period
$
(38,466
)
$
9,107

$
(29,359
)
Change in net unrealized gains (losses) on investment securities
167

(59
)
108

Debt valuation adjustment (DVA)
(538
)
201

(337
)
Cash flow hedges
84

(27
)
57

Benefit plans
(78
)
30

(48
)
Foreign currency translation adjustment
(3,204
)
402

(2,802
)
Change
$
(3,569
)
$
547

$
(3,022
)
Balance, December 31, 2016
$
(42,035
)
$
9,654

$
(32,381
)

(1) Represents the $(15) million adjustment related to the initial adoption of ASU No. 2016-01. See Note 1 to the Consolidated Financial Statements.
Summary of amounts reclassified out of Accumulated other comprehensive income (loss) into the Consolidated Statement of income

The Company recognized pretax gain (loss) related to amounts in AOCI reclassified in the Consolidated Statement of Income as follows:
 
Increase (decrease) in AOCI due to amounts reclassified to Consolidated Statement of Income
 
Year ended December 31,
In millions of dollars
2016
2015
2014
Realized (gains) losses on sales of investments
$
(948
)
$
(682
)
$
(570
)
OTTI gross impairment losses
288

265

424

Subtotal, pretax
$
(660
)
$
(417
)
$
(146
)
Tax effect
238

148

53

Net realized (gains) losses on investment securities, after-tax(1)
$
(422
)
$
(269
)
$
(93
)
Realized DVA (gains) losses on fair value option liabilities
$
(3
)
$
—

$
—

Subtotal, pretax
$
(3
)
$
—

$
—

Tax effect
1

—

—

Net realized debt valuation adjustment, after-tax
$
(2
)
$
—

$
—

Interest rate contracts
$
140

$
186

$
260

Foreign exchange contracts
93

146

149

Subtotal, pretax
$
233

$
332

$
409

Tax effect
(88
)
(123
)
(158
)
Amortization of cash flow hedges, after-tax(2)
$
145

$
209

$
251

Amortization of unrecognized
 
 
 
Prior service cost (benefit)
$
(40
)
$
(40
)
$
(40
)
Net actuarial loss
272

276

243

Curtailment/settlement impact(3)
18

57

76

Subtotal, pretax
$
250

$
293

$
279

Tax effect
(90
)
(107
)
(103
)
Amortization of benefit plans, after-tax(3)
$
160

$
186

$
176

Foreign currency translation adjustment
$
—

$
(53
)
$
—

Tax effect
—

19

—

Foreign currency translation adjustment
$
—

$
(34
)
$
—

Total amounts reclassified out of AOCI, pretax
$
(180
)
$
155

$
542

Total tax effect
61

(63
)
(208
)
Total amounts reclassified out of AOCI, after-tax
$
(119
)
$
92

$
334

(1)
The pretax amount is reclassified to Realized gains (losses) on sales of investments, net and Gross impairment losses on the Consolidated Statement of Income. See Note 13 to the Consolidated Financial Statements for additional details.
(2)
See Note 23 to the Consolidated Financial Statements for additional details.
(3)
See Note 8 to the Consolidated Financial Statements for additional details.