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ALLOWANCE FOR CREDIT LOSSES
 6 Months Ended
Jun. 30, 2019
Loans and Leases Receivable Disclosure [Abstract]  
ALLOWANCE FOR CREDIT LOSSES ALLOWANCE FOR CREDIT LOSSES
 
 
Three Months Ended June 30,
Six Months Ended 
 June 30,
In millions of dollars
2019
2018
2019
2018
Allowance for loan losses at beginning of period
$
12,329

$
12,354

$
12,315

$
12,355

Gross credit losses
(2,354
)
(2,109
)
(4,699
)
(4,405
)
Gross recoveries(1)
391

405

788

834

Net credit losses (NCLs)
$
(1,963
)
$
(1,704
)
$
(3,911
)
$
(3,571
)
NCLs
$
1,963

$
1,704

$
3,911

$
3,571

Net reserve builds (releases)
53

31

120

133

Net specific reserve builds (releases)
73

60

2

(106
)
Total provision for loan losses
$
2,089

$
1,795

$
4,033

$
3,598

Other, net (see table below)
11

(319
)
29

(256
)
Allowance for loan losses at end of period
$
12,466

$
12,126

$
12,466

$
12,126

Allowance for credit losses on unfunded lending commitments at beginning of period
$
1,391

$
1,290

$
1,367

$
1,258

Provision (release) for unfunded lending commitments
(15
)
(4
)
9

24

Other, net
—

(8
)
—

(4
)
Allowance for credit losses on unfunded lending commitments at end of period(2)
$
1,376

$
1,278

$
1,376

$
1,278

Total allowance for loans, leases and unfunded lending commitments
$
13,842

$
13,404

$
13,842

$
13,404


(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 June 30,
Six Months Ended 
 June 30,
In millions of dollars
2019
2018
2019
2018
Sales or transfers of various consumer loan portfolios to HFS
 
 
 
 
Transfer of real estate loan portfolios
$
(4
)
$
(33
)
$
(4
)
$
(86
)
Transfer of other loan portfolios
—

(104
)
—

(106
)
Sales or transfers of various consumer loan portfolios to HFS
$
(4
)
$
(137
)
$
(4
)
$
(192
)
FX translation, consumer
13

(164
)
39

(46
)
Other
2

(18
)
(6
)
(18
)
Other, net
$
11

$
(319
)
$
29

$
(256
)



Allowance for Credit Losses and End-of-Period Loans
 
Three Months Ended
 
June 30, 2019
June 30, 2018
In millions of dollars
Corporate
Consumer
Total
Corporate
Consumer
Total
Allowance for loan losses at beginning of period
$
2,303

$
10,026

$
12,329

$
2,315

$
10,039

$
12,354

Charge-offs
(83
)
(2,271
)
(2,354
)
(20
)
(2,089
)
(2,109
)
Recoveries
13

378

391

22

383

405

Replenishment of net charge-offs
70

1,893

1,963

(2
)
1,706

1,704

Net reserve builds (releases)
38

15

53

(30
)
61

31

Net specific reserve builds (releases)
9

64

73

63

(3
)
60

Other
3

8

11

(18
)
(301
)
(319
)
Ending balance
$
2,353

$
10,113

$
12,466

$
2,330

$
9,796

$
12,126


 
Six Months Ended
 
June 30, 2019
June 30, 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
(156
)
(4,543
)
(4,699
)
(159
)
(4,246
)
(4,405
)
Recoveries
30

758

788

65

769

834

Replenishment of net charge-offs
126

3,785

3,911

94

3,477

3,571

Net reserve builds (releases)
45

75

120

(49
)
182

133

Net specific reserve builds (releases)
(52
)
54

2

(92
)
(14
)
(106
)
Other
(5
)
34

29

(15
)
(241
)
(256
)
Ending balance
$
2,353

$
10,113

$
12,466

$
2,330

$
9,796

$
12,126



 
June 30, 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
$
2,150

$
8,881

$
11,031

$
2,102

$
8,770

$
10,872

Individually evaluated in accordance with ASC 310-10-35
203

1,231

1,434

263

1,178

1,441

Purchased credit impaired in accordance with ASC 310-30
—

1

1

—

2

2

Total allowance for loan losses
$
2,353

$
10,113

$
12,466

$
2,365

$
9,950

$
12,315

Loans, net of unearned income
 
 
 
 
 
 
Collectively evaluated in accordance with ASC 450
$
357,487

$
320,540

$
678,027

$
349,292

$
325,055

$
674,347

Individually evaluated in accordance with ASC 310-10-35
1,384

5,312

6,696

1,214

5,284

6,498

Purchased credit impaired in accordance with ASC 310-30
—

123

123

—

128

128

Held at fair value
3,804

20

3,824

3,203

20

3,223

Total loans, net of unearned income
$
362,675

$
325,995

$
688,670

$
353,709

$
330,487

$
684,196