XML 99 R69.htm IDEA: XBRL DOCUMENT v3.20.2
EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
1 Months Ended 3 Months Ended 6 Months Ended
Mar. 31, 2020
Jan. 31, 2020
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Earnings Per Share [Abstract]                
Income from continuing operations before attribution of noncontrolling interests         $ 1,317 $ 4,792 $ 3,851 $ 9,529
Noncontrolling interests         0 10 (6) 35
Net income from continuing operations (for EPS purposes)         1,317 4,782 3,857 9,494
Loss from discontinued operations, net of taxes         (1) 17 (19) 15
Citigroup’s net income         1,316 4,799 3,838 9,509
Less: Preferred dividends         253 296 544 558
Net income available to common shareholders         1,063 4,503 3,294 8,951
Less: Dividends and undistributed earnings allocated to employee restricted and deferred shares with rights to dividends, applicable to basic EPS         11 50 32 109
Net income allocated to common shareholders for basic EPS         $ 1,052 $ 4,453 $ 3,262 $ 8,842
Weighted-average common shares outstanding applicable to basic EPS (in shares)         2,081.7 2,286.1 2,089.8 2,313.2
Basic earnings per share                
Income from continuing operations (in dollars per share) [1]         $ 0.51 $ 1.94 $ 1.57 $ 3.81
Discontinued operations (in dollars per share) [1]         0 0.01 (0.01) 0.01
Net income (in dollars per share) [1]         $ 0.51 $ 1.95 $ 1.56 $ 3.82
Add back: Dividends allocated to employee restricted and deferred shares with rights to dividends that are forfeitable         $ 0 $ 0 $ 14 $ 0
Net income allocated to common shareholders to diluted EPS         $ 1,052 $ 4,453 $ 3,276 $ 8,842
Effect of dilutive securities                
Options (in shares)         0.0 0.0 0.0 0.1
Other employee plans (in shares)         2.6 2.9 13.2 2.4
Adjusted weighted-average common shares outstanding applicable to diluted EPS (in shares)         2,084.3 2,289.0 2,103.0 2,315.7
Diluted earnings per share                
Income from continuing operations (in dollars per share) [1]         $ 0.51 $ 1.94 $ 1.57 $ 3.81
Discontinued operations (in dollars per share) [1]         0 0.01 (0.01) 0.01
Net income (in dollars per share) [1]         $ 0.50 $ 1.95 $ 1.56 $ 3.82
Forecast                
Antidilutive Securities Excluded from Computation of Earnings Per Share                
Distribution of preferred dividends     $ 253 $ 284        
Preferred stock                
Antidilutive Securities Excluded from Computation of Earnings Per Share                
Redemption of preferred stock         $ 0 $ 0 $ 1,500 $ 480
Issuance of new preferred stock         $ 0 $ 0 $ 1,500 $ 0
Series O | Preferred stock                
Antidilutive Securities Excluded from Computation of Earnings Per Share                
Redemption of preferred stock (in shares) 1.5              
Redemption of preferred stock $ 1,500              
Series V | Preferred stock                
Antidilutive Securities Excluded from Computation of Earnings Per Share                
Stock issued (in shares)   1.5            
Issuance of new preferred stock   $ 1,500            
[1] Due to rounding, earnings per share on continuing operations and discontinued operations may not sum to earnings per share on net income.