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CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues      
Interest revenue [1] $ 61,204 $ 57,615 $ 58,551
Interest expense [1] 16,517 12,511 11,921
Net interest revenue [1] 44,687 45,104 46,630
Commissions and fees [1] 12,939 11,938 14,485
Principal transactions [1] 9,168 7,585 6,008
Administration and other fiduciary fees [1] 3,079 2,783 2,856
Realized gains on sales of investments, net [1] 778 948 682
Other-than-temporary impairment losses on investments      
Gross impairment losses [1] (63) (620) (265)
Less: Impairments recognized in AOCI [1] 0 0 0
Net impairment losses recognized in earnings [1] (63) (620) (265)
Other revenue [1] 861 2,137 5,958
Total non-interest revenues [1] 26,762 24,771 29,724
Total revenues, net of interest expense [1] 71,449 69,875 76,354
Provisions for credit losses and for benefits and claims      
Provision for loan losses 7,503 6,749 7,108
Policyholder benefits and claims 109 204 731
Provision (release) for unfunded lending commitments (161) 29 74
Total provisions for credit losses and for benefits and claims 7,451 6,982 7,913
Operating expenses      
Compensation and benefits [1] 21,181 20,970 21,769
Premises and equipment [1] 2,453 2,542 2,878
Technology/communication [1] 6,891 6,685 6,581
Advertising and marketing [1] 1,608 1,632 1,547
Other operating [1] 9,104 9,587 10,840
Total operating expenses [1] 41,237 41,416 43,615
Income (loss) from continuing operations before income taxes 22,761 21,477 24,826
Provision for income taxes (benefits) 29,388 6,444 7,440
Income (loss) from continuing operations (6,627) 15,033 17,386
Discontinued operations      
Loss from discontinued operations (104) (80) (83)
Provision (benefit) for income taxes 7 (22) (29)
Loss from discontinued operations, net of taxes (111) (58) (54)
Net income (loss) before attribution of noncontrolling interests (6,738) 14,975 17,332
Noncontrolling interests 60 63 90
Citigroup’s net income (loss) $ (6,798) $ 14,912 $ 17,242
Basic earnings per share      
Income (loss) from continuing operations (in dollars per share) [2] $ (2.94) $ 4.74 $ 5.43
Loss from discontinued operations, net of taxes (in dollars per share) [2] (0.04) (0.02) (0.02)
Net income (loss) (in dollars per share) [2] $ (2.98) $ 4.72 $ 5.41
Weighted average common shares outstanding (in shares) 2,698.5 2,888.1 3,004.0
Diluted earnings per share      
Income (loss) from continuing operations (in dollars per share) [2] $ (2.94) $ 4.74 $ 5.42
Income (loss) from discontinued operations, net of taxes (in dollars per share) [2] (0.04) (0.02) (0.02)
Net income (loss) (in dollars per share) [2] $ (2.98) $ 4.72 $ 5.40
Adjusted weighted average common shares outstanding (in shares) 2,698.5 2,888.3 3,007.7
[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.