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BUSINESS SEGMENTS
 9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
BUSINESS SEGMENTS BUSINESS SEGMENTS
Citigroup’s activities are conducted through two business segments: Global Consumer Banking (GCB) and Institutional Clients Group (ICG), with the remaining operations in Corporate/Other, which includes activities not assigned to a specific business segment as well as certain North America legacy loan portfolios, discontinued operations and other legacy assets.
Beginning in the first quarter of 2021, Citi changed its allocation for certain recurring expenses that are attributable to the business segments from Corporate/Other to GCB and ICG. These expenses include incremental investments related to risks and controls, technology capabilities and information security initiatives, as well as some incremental spend related to the pandemic. The prior-period reportable operating segment results have been revised to conform the presentation for all periods to reflect this revised allocation methodology. Citi’s consolidated results were unchanged for all periods presented as a result of the changes discussed above.
For additional information regarding Citigroup’s business segments, see Note 3 to the Consolidated Financial Statements in Citi’s 2020 Annual Report on Form 10-K.
The following tables present certain information regarding the Company’s continuing operations by segment and Corporate/Other:
Three Months Ended September 30,
Revenues,
net of interest expense(1)
Provision (benefits)
for income taxes
Income (loss) from
continuing operations(2)
Identifiable assets
In millions of dollars, except identifiable assets in billions202120202021202020212020September 30,
2021		December 31, 2020
Global Consumer Banking$6,260 $7,173 $424 $284 $1,334 $920 $442 $434 
Institutional Clients Group10,786 10,353 991 800 3,443 2,857 1,819 1,730 
Corporate/Other108 (224)(222)(307)(108)(600)101 96 
Total$17,154 $17,302 $1,193 $777 $4,669 $3,177 $2,362 $2,260 
Nine Months Ended September 30,
Revenues,
net of interest expense(3)
Provision (benefits)
for income taxes
Income (loss) from
continuing operations(4)
In millions of dollars202120202021202020212020
Global Consumer Banking$20,117 $22,686 $1,654 $(254)$5,337 $(569)
Institutional Clients Group33,393 34,974 3,821 2,284 13,210 8,253 
Corporate/Other445 139 (795)(621)292 (902)
Total$53,955 $57,799 $4,680 $1,409 $18,839 $6,782 

(1)     Includes total revenues, net of interest expense (excluding Corporate/Other), in North America of $8.5 billion and $8.4 billion; in EMEA of $3.1 billion and $3.1 billion; in Latin America of $2.3 billion and $2.2 billion; and in Asia of $3.2 billion and $3.8 billion for the three months ended September 30, 2021 and 2020, respectively. These regional numbers exclude Corporate/Other, which largely operates within the U.S.
(2)     Includes pretax provisions for credit losses and for benefits and claims in the GCB results of $(0.1) billion and $1.7 billion; in the ICG results of $0.0 billion and $0.8 billion; and in the Corporate/Other results of $(0.1) billion and $(0.1) billion for the three months ended September 30, 2021 and 2020, respectively.
(3)     Includes total revenues, net of interest expense, in North America of $25.7 billion and $28.3 billion; in EMEA of $10.1 billion and $9.9 billion; in Latin America of $6.7 billion and $7.0 billion; and in Asia of $11.1 billion and $12.3 billion for the nine months ended September 30, 2021 and 2020, respectively. Regional numbers exclude Corporate/Other, which largely operates within the U.S.
(4)     Includes pretax provisions for credit losses and for benefits and claims in the GCB results of $(0.4) billion and $10.6 billion; in the ICG results of $(2.6) billion and $6.7 billion; and in the Corporate/Other results of $(0.3) billion and $0.2 billion for the nine months ended September 30, 2021 and 2020, respectively.