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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           $ 133,856   $ (29,359)  
Balance, beginning of year at Dec. 31, 2015     $ 16,718   $ 108,319 133,841 $ (7,677) (29,344) $ 1,235
Balance, beginning of year (in shares) at Dec. 31, 2015     (669)   (3,099,482)   (146,203)    
Adjustment to opening balance, net of taxes at Dec. 31, 2015 [1]           15   (15)  
Increase (Decrease) in Stockholders' Equity                  
Citigroup’s net income (loss) $ 14,912         14,912      
Issuance of new preferred stock     $ 2,535            
Issuance of new preferred stock (in shares)     101            
Employee benefit plans         $ (251)   $ 826 [2]    
Employee benefit plans (in shares) [2]             14,256    
Preferred stock issuance expense         (37)        
Other         42       (36)
Net income attributable to noncontrolling-interest shareholders 14,975               63
Common dividends [3]           (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 [4]             $ (9,451)    
Treasure stock acquired (in shares) [4]             (195,143)    
Dividends paid to noncontrolling-interest shareholders                 (42)
Other comprehensive income (loss) (3,022)             (3,022) [5] (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           145,817   (31,877)  
Adjustment to opening balance, net of taxes at Dec. 31, 2016 [1]           (660)   504  
Increase (Decrease) in Stockholders' Equity                  
Citigroup’s net income (loss) (6,798)         (6,798)      
Employee benefit plans         $ (27)   $ 531 [2]    
Employee benefit plans (in shares)         41   11,651 [2]    
Other         $ (7) (90) [6]     (72)
Net income attributable to noncontrolling-interest shareholders (6,738)               60
Common dividends [3]           (2,595)      
Preferred dividends (1,213)         (1,213)      
Impact of Tax Reform related to AOCI reclassification           3,304 [5]   (3,304)  
Transactions between noncontrolling-interest shareholders and the related consolidated subsidiary                 (28)
Transactions between Citigroup and the noncontrolling-interest shareholders                 (121)
Treasury stock acquired [4]             $ (14,538)    
Treasure stock acquired (in shares) [4]             (214,176)    
Dividends paid to noncontrolling-interest shareholders                 (44)
Other comprehensive income (loss) (2,791)             (2,791) [5] 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)    
Increase (Decrease) in Stockholders' Equity                  
Adjusted balance           138,341   (34,671)  
Adjustment to opening balance, net of taxes at Dec. 31, 2017 [1]           (84)   (3)  
Increase (Decrease) in Stockholders' Equity                  
Citigroup’s net income (loss) 18,045         18,045      
Redemption of preferred stock     $ (793)            
Redemption of preferred stock (in shares)     (32)            
Employee benefit plans         $ (94)   $ 484 [2]    
Employee benefit plans (in shares)         44   10,557 [2]    
Other         $ 8       18
Net income attributable to noncontrolling-interest shareholders 18,080               35
Common dividends [3]           (3,865)      
Preferred dividends (1,173)         (1,174)      
Transactions between noncontrolling-interest shareholders and the related consolidated subsidiary                 0
Transactions between Citigroup and the noncontrolling-interest shareholders                 (50)
Treasury stock acquired [4]             $ (14,545)    
Treasure stock acquired (in shares) [4]             (212,042)    
Dividends paid to noncontrolling-interest shareholders                 (38)
Other comprehensive income (loss) (2,499)             (2,499) [5] (43)
Net change in noncontrolling interests                 (78)
Balance, end of year at Dec. 31, 2018 $ 197,074 $ 196,220 $ 18,460 $ 177,760 $ 107,953 $ 151,347 $ (44,370) $ (37,170) $ 854
Balance, end of year (in shares) at Dec. 31, 2018     (738) (2,368,467) (3,099,567)   (731,100)    
[1] See Note 1 to the Consolidated Financial Statements for additional details.
[2] 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.
[3] Common dividends declared were $0.32 per share in the first and second quarters and $0.45 per share in the third and fourth quarters of 2018; $0.16 per share in the first and second quarters and $0.32 per share in the third and fourth quarters of 2017; and $0.05 in the first and second quarters and $0.16 per share in the third and fourth quarters of 2016.
[4] For 2018, 2017, and 2016, primarily consists of open market purchases under Citi’s Board of Directors-approved common stock repurchase program.
[5] 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.
[6] Includes the impact of ASU No. 2016-09, Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. See Note 1 to the Consolidated Financial Statements.