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ALLOWANCE FOR CREDIT LOSSES (Tables)
 12 Months Ended
Dec. 31, 2019
Receivables [Abstract]  
Schedule of allowance for credit losses and investment in loans by portfolio segment
In millions of dollars
2019
2018
2017
Allowance for loan losses at beginning of period
$
12,315

$
12,355

$
12,060

Gross credit losses
(9,341
)
(8,665
)
(8,673
)
Gross recoveries(1)
1,573

1,552

1,597

Net credit losses (NCLs)
$
(7,768
)
$
(7,113
)
$
(7,076
)
NCLs
$
7,768

$
7,113

$
7,076

Net reserve builds (releases)
364

394

544

Net specific reserve builds (releases)
86

(153
)
(117
)
Total provision for loan losses
$
8,218

$
7,354

$
7,503

Other, net (see table below)
18

(281
)
(132
)
Allowance for loan losses at end of period
$
12,783

$
12,315

$
12,355

Allowance for credit losses on unfunded lending commitments at beginning of period
$
1,367

$
1,258

$
1,418

Provision (release) for unfunded lending commitments
92

113

(161
)
Other, net
(3
)
(4
)
1

Allowance for credit losses on unfunded lending commitments at end of period(2)
$
1,456

$
1,367

$
1,258

Total allowance for loans, leases and unfunded lending commitments
$
14,239

$
13,682

$
13,613


(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
2019
2018
2017
Sales or transfers of various consumer loan portfolios to HFS
 
 
 
Transfer of real estate loan portfolios
$
(42
)
$
(91
)
$
(106
)
Transfer of other loan portfolios
—

(110
)
(155
)
Sales or transfers of various consumer loan portfolios to HFS
$
(42
)
$
(201
)
$
(261
)
FX translation, primarily consumer
60

(60
)
115

Other
—

(20
)
14

Other, net
$
18

$
(281
)
$
(132
)


Allowance for Credit Losses and End-of-Period Loans at December 31, 2019
In millions of dollars
Corporate
Consumer
Total
Allowance for loan losses at beginning of year
$
2,811

$
9,504

$
12,315

Charge-offs
(487
)
(8,854
)
(9,341
)
Recoveries
95

1,478

1,573

Replenishment of net charge-offs
392

7,376

7,768

Net reserve builds (releases)
96

268

364

Net specific reserve builds (releases)
(21
)
107

86

Other
—

18

18

Ending balance
$
2,886

$
9,897

$
12,783

Allowance for loan losses
 

 

 

Collectively evaluated in accordance with ASC 450
$
2,587

$
8,706

$
11,293

Individually evaluated in accordance with ASC 310-10-35
299

1,190

1,489

Purchased credit impaired in accordance with ASC 310-30
—

1

1

Total allowance for loan losses
$
2,886

$
9,897

$
12,783

Loans, net of unearned income
 
 
 
Collectively evaluated in accordance with ASC 450
$
383,828

$
304,510

$
688,338

Individually evaluated in accordance with ASC 310-10-35
2,040

4,892

6,932

Purchased credit impaired in accordance with ASC 310-30
—

128

128

Held at fair value
4,067

18

4,085

Total loans, net of unearned income
$
389,935

$
309,548

$
699,483



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
$
2,943

$
9,412

$
12,355

Charge-offs
(343
)
(8,322
)
(8,665
)
Recoveries
138

1,414

1,552

Replenishment of net charge-offs
205

6,908

7,113

Net reserve builds (releases)
42

352

394

Net specific reserve builds (releases)
(151
)
(2
)
(153
)
Other
(23
)
(258
)
(281
)
Ending balance
$
2,811

$
9,504

$
12,315

Allowance for loan losses
 

 

 

Collectively evaluated in accordance with ASC 450
$
2,486

$
8,386

$
10,872

Individually evaluated in accordance with ASC 310-10-35
325

1,116

1,441

Purchased credit impaired in accordance with ASC 310-30
—

2

2

Total allowance for loan losses
$
2,811

$
9,504

$
12,315

Loans, net of unearned income
 
 
 
Collectively evaluated in accordance with ASC 450
$
377,186

$
297,128

$
674,314

Individually evaluated in accordance with ASC 310-10-35
1,447

5,084

6,531

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
$
381,836

$
302,360

$
684,196




Allowance for Credit Losses at December 31, 2017
In millions of dollars
Corporate
Consumer
Total
Allowance for loan losses at beginning of year
$
3,218

$
8,842

$
12,060

Charge-offs
(632
)
(8,041
)
(8,673
)
Recoveries
153

1,444

1,597

Replenishment of net charge-offs
479

6,597

7,076

Net reserve builds (releases)
(274
)
818

544

Net specific reserve builds (releases)
(31
)
(86
)
(117
)
Other
30

(162
)
(132
)
Ending balance
$
2,943

$
9,412

$
12,355