DISCONTINUED OPERATIONS AND SIGNIFICANT DISPOSALS (Tables)

12 Months Ended

Dec. 31, 2017

Discontinued Operations and Disposal Groups [Abstract]

Summarized financial information disposal groups including discontinued operations

Income before taxes, excluding the pretax gain on sale and loss on redemption of debt, was as follows:

In millions of dollars	2017		2016		2015
Income before taxes	$	—	$	—	$	663

Loss before taxes, excluding the pretax gain on sale, was as follows:

In millions of dollars	2017		2016		2015
Loss before taxes	$	—	$	—	$	(57	)

Income before taxes, excluding the pretax gain on sale, was as follows:

In millions of dollars	2017		2016		2015
Income before taxes	$	41	$	139	$	118

Income before taxes for the divested businesses, excluding the pretax gain on sale, was as follows:

In millions of dollars	2017		2016		2015
Income before taxes	$	31	$	55	$	54

The following summarizes financial information for all discontinued operations:

In millions of dollars	2017			2016			2015
Total revenues, net of interest expense	$	—		$	—		$	—
Income (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	)

Income before taxes, excluding the revenue upon

novation, was as follows:

In millions of dollars	2017		2016		2015
Income before taxes	$	—	$	—	$	135

Income before taxes of the business was as follows:

In millions of dollars	2017		2016		2015
Income before taxes	$	164	$	155	$	159

Loss before taxes, excluding the pretax gain on sale, was as follows:

In millions of dollars	2017		2016		2015
Loss before taxes	$	—	$	—	$	(5	)