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ALLOWANCE FOR CREDIT LOSSES (Tables)
 12 Months Ended
Dec. 31, 2018
Receivables [Abstract]  
Allowance for credit losses
In millions of dollars
2018
2017
2016
Allowance for loan losses at beginning of period
$
12,355

$
12,060

$
12,626

Gross credit losses
(8,665
)
(8,673
)
(8,222
)
Gross recoveries(1)
1,552

1,597

1,661

Net credit losses (NCLs)
$
(7,113
)
$
(7,076
)
$
(6,561
)
NCLs
$
7,113

$
7,076

$
6,561

Net reserve builds (releases)
394

544

340

Net specific reserve releases
(153
)
(117
)
(152
)
Total provision for loan losses
$
7,354

$
7,503

$
6,749

Other, net (see table below)
(281
)
(132
)
(754
)
Allowance for loan losses at end of period
$
12,315

$
12,355

$
12,060

Allowance for credit losses on unfunded lending commitments at beginning of period
$
1,258

$
1,418

$
1,402

Provision (release) for unfunded lending commitments
113

(161
)
29

Other, net
(4
)
1

(13
)
Allowance for credit losses on unfunded lending commitments at end of period(2)
$
1,367

$
1,258

$
1,418

Total allowance for loans, leases and unfunded lending commitments
$
13,682

$
13,613

$
13,478


(1)
Recoveries have been reduced by certain collection costs that are incurred only if collection efforts are successful.
(2)
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
2018
2017
2016
Sales or transfers of various consumer loan portfolios to HFS
 
 
 
Transfer of real estate loan portfolios
$
(91
)
$
(106
)
$
(106
)
Transfer of other loan portfolios
(110
)
(155
)
(468
)
Sales or transfers of various consumer loan portfolios to HFS
$
(201
)
$
(261
)
$
(574
)
FX translation, consumer
(60
)
115

(199
)
Other
(20
)
14

19

Other, net
$
(281
)
$
(132
)
$
(754
)
Schedule of allowance for credit losses and investment in loans by portfolio segment
Allowance for Credit Losses and End-of-Period Loans at December 31, 2018
In millions of dollars
Corporate
Consumer
Total
Allowance for loan losses at beginning of year
$
2,486

$
9,869

$
12,355

Charge-offs
(271
)
(8,394
)
(8,665
)
Recoveries
102

1,450

1,552

Replenishment of net charge-offs
169

6,944

7,113

Net reserve builds (releases)
56

338

394

Net specific reserve builds (releases)
(159
)
6

(153
)
Other
(18
)
(263
)
(281
)
Ending balance
$
2,365

$
9,950

$
12,315

Allowance for loan losses
 

 

 

Collectively evaluated in accordance with ASC 450
$
2,102

$
8,770

$
10,872

Individually evaluated in accordance with ASC 310-10-35
263

1,178

1,441

Purchased credit impaired in accordance with ASC 310-30
—

2

2

Total allowance for loan losses
$
2,365

$
9,950

$
12,315

Loans, net of unearned income
 
 
 
Collectively evaluated in accordance with ASC 450
$
349,292

$
325,055

$
674,347

Individually evaluated in accordance with ASC 310-10-35
1,214

5,284

6,498

Purchased credit impaired in accordance with ASC 310-30
—

128

128

Held at fair value
3,203

20

3,223

Total loans, net of unearned income
$
353,709

$
330,487

$
684,196



Allowance for Credit Losses and End-of-Period Loans at December 31, 2017
In millions of dollars
Corporate
Consumer
Total
Allowance for loan losses at beginning of year
$
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 in accordance with ASC 450
$
327,142

$
326,884

$
654,026

Individually evaluated 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 at December 31, 2016
In millions of dollars
Corporate
Consumer
Total
Allowance for loan losses at beginning of year
$
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