ALLOWANCE FOR CREDIT LOSSES (Tables)

3 Months Ended

Mar. 31, 2019

Loans and Leases Receivable Disclosure [Abstract]

Allowance for credit losses

	Three Months Ended March 31,
In millions of dollars	2019			2018
Allowance for loan losses at beginning of period	$	12,315		$	12,355
Gross credit losses	(2,345		)	(2,296		)
Gross recoveries(1)	397			429
Net credit losses (NCLs)	$	(1,948	)	$	(1,867	)
NCLs	$	1,948		$	1,867
Net reserve builds (releases)	67			102
Net specific reserve builds (releases)	(71		)	(166		)
Total provision for loan losses	$	1,944		$	1,803
Other, net (see table below)	18			63
Allowance for loan losses at end of period	$	12,329		$	12,354
Allowance for credit losses on unfunded lending commitments at beginning of period	$	1,367		$	1,258
Provision (release) for unfunded lending commitments	24			28
Other, net	—			4
Allowance for credit losses on unfunded lending commitments at end of period(2)	$	1,391		$	1,290
Total allowance for loans, leases and unfunded lending commitments	$	13,720		$	13,644

(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	Three Months Ended March 31,
In millions of dollars	2019			2018
Sales or transfers of various consumer loan portfolios to HFS
Transfer of real estate loan portfolios	$	—		$	(53	)
Transfer of other loan portfolios	—			(2		)
Sales or transfers of various consumer loan portfolios to HFS	$	—		$	(55	)
FX translation, consumer	26			118
Other	(8		)	—
Other, net	$	18		$	63

Schedule of allowance for credit losses and investment in loans by portfolio segment

Allowance for Credit Losses and End-of-Period Loans

	Three Months Ended
	March 31, 2019									March 31, 2018
In millions of dollars	Corporate			Consumer			Total			Corporate			Consumer			Total
Allowance for loan losses at beginning of period	$	2,365		$	9,950		$	12,315		$	2,486		$	9,869		$	12,355
Charge-offs	(73		)	(2,272		)	(2,345		)	(139		)	(2,157		)	(2,296		)
Recoveries	17			380			397			43			386			429
Replenishment of net charge-offs	56			1,892			1,948			96			1,771			1,867
Net reserve builds (releases)	7			60			67			(19		)	121			102
Net specific reserve builds (releases)	(61		)	(10		)	(71		)	(155		)	(11		)	(166		)
Other	(8		)	26			18			3			60			63
Ending balance	$	2,303		$	10,026		$	12,329		$	2,315		$	10,039		$	12,354

	March 31, 2019						December 31, 2018
In millions of dollars	Corporate		Consumer		Total		Corporate		Consumer		Total
Allowance for loan losses
Collectively evaluated in accordance with ASC 450	$	2,108	$	8,853	$	10,961	$	2,102	$	8,770	$	10,872
Individually evaluated in accordance with ASC 310-10-35	195		1,171		1,366		263		1,178		1,441
Purchased credit impaired in accordance with ASC 310-30	—		2		2		—		2		2
Total allowance for loan losses	$	2,303	$	10,026	$	12,329	$	2,365	$	9,950	$	12,315
Loans, net of unearned income
Collectively evaluated in accordance with ASC 450	$	357,210	$	314,454	$	671,664	$	349,292	$	325,055	$	674,347
Individually evaluated in accordance with ASC 310-10-35	1,395		5,288		6,683		1,214		5,284		6,498
Purchased credit impaired in accordance with ASC 310-30	—		125		125		—		128		128
Held at fair value	3,854		20		3,874		3,203		20		3,223
Total loans, net of unearned income	$	362,459	$	319,887	$	682,346	$	353,709	$	330,487	$	684,196