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CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Millions
Total
Citigroup stockholders' equity
Preferred stock at aggregate liquidation value
Citigroup common stockholders' equity
Common stock and additional paid-in capital
Retained earnings
Treasury stock, at cost
Citigroup's accumulated other comprehensive income (loss)
Noncontrolling interests
Increase (Decrease) in Stockholders' Equity                  
Adjusted balance, beginning of year           $ 117,852   $ (23,216)  
Balance, beginning of year at Dec. 31, 2014     $ 10,468   $ 108,010 117,852 $ (2,929) (23,216) $ 1,511
Balance, beginning of year (in shares) at Dec. 31, 2014     419   3,082,038   58,119    
Increase (Decrease) in Stockholders' Equity                  
Issuance of new preferred stock     $ 6,250            
Issuance of new preferred stock (in shares)     250            
Employee benefit plans         $ 357   $ 704 [1]    
Employee benefit plans (in shares)         17,438   13,318 [1]    
Preferred stock issuance expense         $ (23)        
Other         $ (25)       (41)
Other (in shares)         6        
Net income attributable to noncontrolling-interest shareholders $ 17,332         17,242     90
Common dividends [2]           (484)      
Preferred dividends (769)         (769)      
Transactions between Citigroup and the noncontrolling-interest shareholders                 (164)
Treasury stock acquired [3]             $ (5,452)    
Treasure stock acquired (in shares) [3]             (101,402)    
Dividends paid to noncontrolling-interest shareholders                 (78)
Other comprehensive income (loss) (6,128)             (6,128) [4] (83)
Net change in noncontrolling interests                 (276)
Balance, end of year at Dec. 31, 2015 223,092 $ 221,857 $ 16,718 $ 205,139 $ 108,319 133,841 $ (7,677) (29,344) 1,235
Balance, end of year (in shares) at Dec. 31, 2015     669 2,953,279 3,099,482   146,203    
Increase (Decrease) in Stockholders' Equity                  
Adjusted balance, beginning of year           133,856   (29,359)  
Adjustment to opening balance, net of taxes at Dec. 31, 2015 [5]           15   (15)  
Increase (Decrease) in Stockholders' Equity                  
Issuance of new preferred stock     $ 2,535            
Issuance of new preferred stock (in shares)     101            
Employee benefit plans         $ (251)   $ 826 [1]    
Employee benefit plans (in shares) [1]             14,256    
Preferred stock issuance expense         (37)        
Other         42       (36)
Net income attributable to noncontrolling-interest shareholders 14,975         14,912     63
Common dividends [2]           (1,214)      
Preferred dividends (1,077)         (1,077)      
Transactions between noncontrolling-interest shareholders and the related consolidated subsidiary                 (11)
Transactions between Citigroup and the noncontrolling-interest shareholders                 (130)
Treasury stock acquired [3]             $ (9,451)    
Treasure stock acquired (in shares) [3]             (195,143)    
Dividends paid to noncontrolling-interest shareholders                 (42)
Other comprehensive income (loss) (3,022)             (3,022) [4] (56)
Net change in noncontrolling interests                 (212)
Balance, end of year at Dec. 31, 2016 226,143 225,120 $ 19,253 $ 205,867 $ 108,073 146,477 $ (16,302) (32,381) 1,023
Balance, end of year (in shares) at Dec. 31, 2016     770 2,772,392 3,099,482   327,090    
Increase (Decrease) in Stockholders' Equity                  
Adjusted balance, beginning of year           145,817   (31,877)  
Adjustment to opening balance, net of taxes at Dec. 31, 2016 [5]           (660)   504  
Increase (Decrease) in Stockholders' Equity                  
Employee benefit plans         $ (27)   $ 531 [1]    
Employee benefit plans (in shares)         41   11,651 [1]    
Other         $ (7) (90) [6]     (72)
Net income attributable to noncontrolling-interest shareholders (6,738)         (6,798)     60
Common dividends [2]           (2,595)      
Preferred dividends (1,213)         (1,213)      
Impact of Tax Reform related to AOCI reclassification (3,304)         3,304 [4]      
Transactions between noncontrolling-interest shareholders and the related consolidated subsidiary                 (28)
Transactions between Citigroup and the noncontrolling-interest shareholders                 (121)
Treasury stock acquired [3]             $ (14,538)    
Treasure stock acquired (in shares) [3]             (214,176)    
Dividends paid to noncontrolling-interest shareholders                 (44)
Other comprehensive income (loss) (2,791)             (2,791) [4] 114
Net change in noncontrolling interests                 (91)
Balance, end of year at Dec. 31, 2017 $ 201,672 $ 200,740 $ 19,253 $ 181,487 $ 108,039 $ 138,425 $ (30,309) $ (34,668) $ 932
Balance, end of year (in shares) at Dec. 31, 2017     770 2,569,908 3,099,523   529,615    
[1] Includes treasury stock related to (i) certain activity on employee stock option program exercises, where the employee delivers existing shares to cover the option exercise, or (ii) under Citi’s employee-restricted or deferred-stock programs, where shares are withheld to satisfy tax requirements.
[2] Common dividends declared were $0.16 per share in the first and second quarters and $0.32 per share in the third and fourth quarters of 2017; $0.05 per share in the first and second quarters and $0.16 per share in the third and fourth quarters of 2016; and $0.01 in the first quarter and $0.05 per share in the second, third and fourth quarters of 2015.
[3] For 2017, 2016 and 2015, primarily consists of open market purchases under Citi’s Board of Directors-approved common stock repurchase program.
[4] Includes the impact of ASU 2018-02, which transferred those amounts from AOCI to Retained earnings. See Notes 1 and 19 to the Consolidated Financial Statements.
[5] See Note 1 to the Consolidated Financial Statements.
[6] Includes the impact of ASU No. 2016-09. See Note 1 to the Consolidated Financial Statements.