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EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Reconciliation of the income and share data used in the basic and diluted earnings per share computations
The following table reconciles the income and share data used in the basic and diluted earnings per share (EPS) computations:

In millions of dollars, except per share amounts202120202019
Earnings per common share
Income from continuing operations before attribution of noncontrolling interests$22,018 $11,107 $19,471 
Less: Noncontrolling interests from continuing operations73 40 66 
Net income from continuing operations (for EPS purposes)$21,945 $11,067 $19,405 
Loss from discontinued operations, net of taxes7 (20)(4)
Citigroup’s net income$21,952 $11,047 $19,401 
Less: Preferred dividends(1)
1,040 1,095 1,109 
Net income available to common shareholders$20,912 $9,952 $18,292 
Less: Dividends and undistributed earnings allocated to employee restricted and deferred shares
with rights to dividends, applicable to basic EPS
154 73 121 
Net income allocated to common shareholders for basic EPS$20,758 $9,879 $18,171 
Weighted-average common shares outstanding applicable to basic EPS (in millions)
2,033.0 2,085.8 2,249.2 
Basic earnings per share(2)
   
Income from continuing operations$10.21 $4.75 $8.08 
Discontinued operations— (0.01)— 
Net income per share—basic$10.21 $4.74 $8.08 
Diluted earnings per share  
Net income allocated to common shareholders for basic EPS$20,758 $9,879 $18,171 
Add back: Dividends allocated to employee restricted and deferred shares with rights to dividends
that are forfeitable		31 30 33 
Net income allocated to common shareholders for diluted EPS$20,789 $9,909 $18,204 
Weighted-average common shares outstanding applicable to basic EPS (in millions)
$2,033.0 $2,085.8 $2,249.2 
Effect of dilutive securities
   Options(3)
— 0.1 0.1 
   Other employee plans
16.4 13.1 16.0 
Adjusted weighted-average common shares outstanding applicable to diluted EPS (in millions)(4)
2,049.4 2,099.0 2,265.3 
Diluted earnings per share(2)
Income from continuing operations$10.14 $4.73 $8.04 
Discontinued operations— (0.01)— 
Net income per share—diluted$10.14 $4.72 $8.04 

(1)See Note 20 to the Consolidated Financial Statements for the potential future impact of preferred stock dividends.
(2)Due to rounding, earnings per share on continuing operations and discontinued operations may not sum to earnings per share on net income.
(3)During 2021, there were no weighted-average options outstanding. During 2021, no significant options to purchase shares of common stock were outstanding. During 2020, weighted-average options to purchase 0.1 million shares of common stock were outstanding but not included in the computation of earnings per share because the weighted-average exercise price of $56.25 per share was anti-dilutive.
(4)Due to rounding, weighted-average common shares outstanding applicable to basic EPS and the effect of dilutive securities may not sum to weighted-average common shares outstanding applicable to diluted EPS.