XML 93 R53.htm IDEA: XBRL DOCUMENT v3.8.0.1
ALLOWANCE FOR CREDIT LOSSES (Tables)
 12 Months Ended
Dec. 31, 2017
Receivables [Abstract]  
Allowance for credit losses
In millions of dollars
2017
2016
2015
Allowance for loan losses at beginning of period
$
12,060

$
12,626

$
15,994

Gross credit losses
(8,673
)
(8,222
)
(9,041
)
Gross recoveries(1)
1,597

1,661

1,739

Net credit losses (NCLs)
$
(7,076
)
$
(6,561
)
$
(7,302
)
NCLs
$
7,076

$
6,561

$
7,302

Net reserve builds (releases)
544

340

139

Net specific reserve releases
(117
)
(152
)
(333
)
Total provision for loan losses
$
7,503

$
6,749

$
7,108

Other, net (see table below)
(132
)
(754
)
(3,174
)
Allowance for loan losses at end of period
$
12,355

$
12,060

$
12,626

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

$
1,402

$
1,063

Provision (release) for unfunded lending commitments
(161
)
29

74

Other, net(2)
1

(13
)
265

Allowance for credit losses on unfunded lending commitments at end of period(3)
$
1,258

$
1,418

$
1,402

Total allowance for loans, leases and unfunded lending commitments
$
13,613

$
13,478

$
14,028


(1)
Recoveries have been reduced by certain collection costs that are incurred only if collection efforts are successful.
(2)
2015 includes a reclassification of $271 million of Allowance for loan losses to Allowance for unfunded lending commitments, included in Other, net. This reclassification reflects the re-attribution of $271 million in Allowances for credit losses between the funded and unfunded portions of the corporate credit portfolios and does not reflect a change in the underlying credit performance of these portfolios.
(3)
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:
 
 
 
In millions of dollars
2017
2016
2015
Sales or transfers of various consumer loan portfolios to held-for-sale
 
 
 
Transfer of real estate loan portfolios
$
(106
)
$
(106
)
$
(1,462
)
Transfer of other loan portfolios
(155
)
(468
)
(948
)
Sales or transfers of various consumer loan portfolios to held-for-sale
$
(261
)
$
(574
)
$
(2,410
)
FX translation, consumer
115

(199
)
(474
)
Other
14

19

(290
)
Other, net
$
(132
)
$
(754
)
$
(3,174
)
Schedule of allowance for credit losses and investment in loans by portfolio segment
Allowance for Credit Losses and Investment in Loans at December 31, 2017
In millions of dollars
Corporate
Consumer
Total
Allowance for loan losses at beginning of period
$
2,702

$
9,358

$
12,060

Charge-offs
(491
)
(8,182
)
(8,673
)
Recoveries
112

1,485

1,597

Replenishment of net charge-offs
379

6,697

7,076

Net reserve builds (releases)
(267
)
811

544

Net specific reserve builds (releases)
28

(145
)
(117
)
Other
23

(155
)
(132
)
Ending balance
$
2,486

$
9,869

$
12,355

Allowance for loan losses
 

 

 

Collectively evaluated in accordance with ASC 450
$
2,060

$
8,531

$
10,591

Individually evaluated in accordance with ASC 310-10-35
426

1,334

1,760

Purchased credit-impaired in accordance with ASC 310-30
—

4

4

Total allowance for loan losses
$
2,486

$
9,869

$
12,355

Loans, net of unearned income
 
 
 
Collectively evaluated for impairment in accordance with ASC 450
$
327,142

$
326,884

$
654,026

Individually evaluated for impairment in accordance with ASC 310-10-35
1,887

6,580

8,467

Purchased credit-impaired in accordance with ASC 310-30
—

167

167

Held at fair value
4,349

25

4,374

Total loans, net of unearned income
$
333,378

$
333,656

$
667,034



Allowance for Credit Losses and Investment in Loans at December 31, 2016
In millions of dollars
Corporate
Consumer
Total
Allowance for loan losses at beginning of period
$
2,791

$
9,835

$
12,626

Charge-offs
(580
)
(7,642
)
(8,222
)
Recoveries
67

1,594

1,661

Replenishment of net charge-offs
513

6,048

6,561

Net reserve builds (releases)
(85
)
425

340

Net specific reserve builds (releases)
—

(152
)
(152
)
Other
(4
)
(750
)
(754
)
Ending balance
$
2,702

$
9,358

$
12,060

Allowance for loan losses
 

 

 

Collectively evaluated in accordance with ASC 450
$
2,310

$
7,744

$
10,054

Individually evaluated in accordance with ASC 310-10-35
392

1,608

2,000

Purchased credit-impaired in accordance with ASC 310-30
—

6

6

Total allowance for loan losses
$
2,702

$
9,358

$
12,060

Loans, net of unearned income
 
 
 
Collectively evaluated for impairment in accordance with ASC 450
$
293,218

$
317,048

$
610,266

Individually evaluated for impairment in accordance with ASC 310-10-35
2,631

7,799

10,430

Purchased credit-impaired in accordance with ASC 310-30
—

187

187

Held at fair value
3,457

29

3,486

Total loans, net of unearned income
$
299,306

$
325,063

$
624,369




Allowance for Credit Losses at December 31, 2015

In millions of dollars
Corporate
Consumer
Total
Allowance for loan losses at beginning of period
$
2,447

$
13,547

$
15,994

Charge-offs
(349
)
(8,692
)
(9,041
)
Recoveries
105

1,634

1,739

Replenishment of net charge-offs
244

7,058

7,302

Net reserve builds (releases)
550

(411
)
139

Net specific reserve builds (releases)
86

(419
)
(333
)
Other
(292
)
(2,882
)
(3,174
)
Ending balance
$
2,791

$
9,835

$
12,626