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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Reconciliation of the income and share data used in the basic and diluted earnings per share computations
The following table reconciles the income and share data used in the basic and diluted earnings per share (EPS) computations:
In millions, except per share amounts
2018
2017
2016
Income (loss) from continuing operations before attribution of noncontrolling interests
$
18,088

$
(6,627
)
$
15,033

Less: Noncontrolling interests from continuing operations
35

60

63

Net income (loss) from continuing operations (for EPS purposes)
$
18,053

$
(6,687
)
$
14,970

Income (loss) from discontinued operations, net of taxes
(8
)
(111
)
(58
)
Citigroup's net income (loss)
$
18,045

$
(6,798
)
$
14,912

Less: Preferred dividends(1)
1,173

1,213

1,077

Net income (loss) available to common shareholders
$
16,872

$
(8,011
)
$
13,835

Less: Dividends and undistributed earnings allocated to employee restricted and deferred shares with nonforfeitable rights to dividends, applicable to basic EPS
200

37

195

Net income (loss) allocated to common shareholders for basic and diluted EPS
$
16,672

$
(8,048
)
$
13,640

Weighted-average common shares outstanding applicable to basic EPS (in millions)
2,493.3

2,698.5

2,888.1

Effect of dilutive securities
 

 
 
Options(2)
0.1


0.1

Other employee plans
1.4


0.1

Adjusted weighted-average common shares outstanding applicable to diluted EPS(3)
2,494.8

2,698.5

2,888.3

Basic earnings per share(4)
 

 
  
Income (loss) from continuing operations
$
6.69

$
(2.94
)
$
4.74

Discontinued operations

(0.04
)
(0.02
)
Net income (loss)
$
6.69

$
(2.98
)
$
4.72

Diluted earnings per share(4)
 
 
  
Income (loss) from continuing operations
$
6.69

$
(2.94
)
$
4.74

Discontinued operations

(0.04
)
(0.02
)
Net income (loss)
$
6.68

$
(2.98
)
$
4.72

(1)
See Note 20 to the Consolidated Financial Statements for the potential future impact of preferred stock dividends.
(2)
During 2018, 2017 and 2016, weighted-average options to purchase 0.5 million, 0.8 million and 4.2 million shares of common stock, respectively, were outstanding but not included in the computation of earnings per share because the weighted-average exercise prices of $145.69, $204.80 and $98.01 per share, respectively, were anti-dilutive.
(3)
Due to rounding, common shares outstanding applicable to basic EPS and the effect of dilutive securities may not sum to common shares outstanding applicable to diluted EPS.
(4)
Due to rounding, earnings per share on continuing operations and discontinued operations may not sum to earnings per share on net income.