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ALLOWANCE FOR CREDIT LOSSES (Tables)
 3 Months Ended
Mar. 31, 2022
Loans and Leases Receivable Disclosure [Abstract]  
Schedule of allowance for credit losses and investment in loans by portfolio segment
Three Months Ended March 31,
In millions of dollars20222021
Allowance for credit losses on loans (ACLL) at beginning of period$16,455 $24,956 
Gross credit losses on loans$(1,240)$(2,208)
Gross recoveries on loans368 460 
Net credit losses on loans (NCLs) $(872)$(1,748)
Replenishment of NCLs$872 $1,748 
Net reserve builds (releases) for loans(781)(3,068)
Net specific reserve builds (releases) for loans169 (159)
Total provision for credit losses on loans (PCLL)$260 $(1,479)
Other, net (see table below)(450)(91)
ACLL at end of period$15,393 $21,638 
Allowance for credit losses on unfunded lending commitments (ACLUC) at beginning of period(1)
$1,871 $2,655 
Provision (release) for credit losses on unfunded lending commitments474 (626)
Other, net
(2)(17)
ACLUC at end of period(1)
$2,343 $2,012 
Total allowance for credit losses on loans, leases and unfunded lending commitments$17,736 $23,650 

Other, net detailsThree Months Ended March 31,
In millions of dollars20222021
Reclasses of consumer ACLL to HFS(2)
$(350)$— 
FX translation and other(100)(91)
Other, net$(450)$(91)

(1)Represents additional credit loss reserves for unfunded lending commitments and letters of credit recorded in Other liabilities on the Consolidated Balance Sheet.
(2)See Note 2.
Allowance for Credit Losses on Loans and End-of-Period Loans

Three Months Ended
March 31, 2022March 31, 2021
In millions of dollarsCorporateConsumerTotalCorporateConsumerTotal
ACLL at beginning of period$2,415 $14,040 $16,455 $4,776 $20,180 $24,956 
Gross credit losses on loans(48)(1,192)(1,240)(199)(2,009)(2,208)
Gross recoveries on loans17 351 368 14 446 460 
Replenishment of NCLs31 841 872 185 1,563 1,748 
Net reserve builds (releases)376 (1,157)(781)(1,193)(1,875)(3,068)
Net specific reserve builds (releases)225 (56)169 (34)(125)(159)
Other9 (459)(450)(7)(84)(91)
Ending balance$3,025 $12,368 $15,393 $3,542 $18,096 $21,638 

(1)See “Accounting Changes” in Note 1 for additional details.
March 31, 2022December 31, 2021
In millions of dollarsCorporateConsumerTotalCorporateConsumerTotal
ACLL   
Collectively evaluated$2,586 $11,783 $14,369 $2,203 $13,227 $15,430 
Individually evaluated 439 586 1,025 212 813 1,025 
Purchased credit deteriorated— (1)(1)— — — 
Total ACLL$3,025 $12,368 $15,393 $2,415 $14,040 $16,455 
Loans, net of unearned income
Collectively evaluated$301,753 $347,112 $648,865 $283,610 $372,655 $656,265 
Individually evaluated 1,866 3,094 4,960 1,553 3,748 5,301 
Purchased credit deteriorated— 112 112 — 119 119 
Held at fair value5,722 10 5,732 6,070 12 6,082 
Total loans, net of unearned income$309,341 $350,328 $659,669 $291,233 $376,534 $667,767 
Schedule of allowance for credit losses on held-to-maturity securities
Allowance for Credit Losses on HTM Debt Securities

Three Months Ended March 31, 2022
In millions of dollarsMortgage-backedState and municipalForeign governmentAsset-backedTotal HTM
Allowance for credit losses on HTM debt securities
at beginning of quarter		$6 $75 $4 $2 $87 
Gross credit losses— — — — — 
Gross recoveries— — — — — 
Net credit losses (NCLs)$— $— $— $— $— 
Replenishment of NCLs$— $— $— $— $— 
Net reserve builds (releases)(2)4 (2)(2)(2)
Net specific reserve builds (releases)— — — — — 
Total provision for credit losses on HTM debt securities$(2)$4 $(2)$(2)$(2)
Allowance for credit losses on HTM debt securities
at end of quarter		$4 $79 $2 $— $85 


Allowance for Credit Losses on HTM Debt Securities

Three Months Ended March 31, 2021
In millions of dollarsMortgage-backedState and municipalForeign governmentAsset-backedTotal HTM
Allowance for credit losses on HTM debt securities
at beginning of quarter		$3 $74 $6 $3 $86 
Gross credit losses— — — — — 
Gross recoveries3 — — — 3 
Net credit losses (NCLs)$3 $— $— $— $3 
Replenishment of NCLs$(3)$— $— $— $(3)
Net reserve builds (releases)1 (5)(1)(3)(8)
Net specific reserve builds (releases)— — — — — 
Total provision for credit losses on HTM debt securities$(2)$(5)$(1)$(3)$(11)
Allowance for credit losses on HTM debt securities
at end of quarter		$4 $69 $5 $— $78 
Schedule of allowance for credit losses on other assets
Allowance for Credit Losses on Other Assets

Three Months Ended March 31, 2022
In millions of dollarsDeposits with banksSecurities borrowed and purchased under agreements
to resell		Brokerage receivables
All other assets(1)
Total
Allowance for credit losses on other assets
at beginning of quarter		$21 $6 $— $26 $53 
Gross credit losses— — — (7)(7)
Gross recoveries— — — — 
Net credit losses (NCLs)$— $— $— $(7)$(7)
Replenishment of NCLs$— $— $— $7 $7 
Net reserve builds (releases)(6)(2)— (3)(11)
Total provision for credit losses$(6)$(2)$— $4 $(4)
Other, net$— $— $— $1 $1 
Allowance for credit losses on other assets
at end of quarter		$15 $4 $— $24 $43 

(1)Primarily accounts receivable.

Allowance for Credit Losses on Other Assets

Three Months Ended March 31, 2021
In millions of dollarsDeposits with banksSecurities borrowed and purchased under agreements
to resell		Brokerage receivables
All other assets(1)
Total
Allowance for credit losses at beginning of quarter$20 $10 $— $25 $55 
Gross credit losses— — — — — 
Gross recoveries— — — — — 
Net credit losses (NCLs)$— $— $— $— $— 
Replenishment of NCLs$— $— $— $— $— 
Net reserve builds (releases)9 (5)— 5 9 
Total provision for credit losses$9 $(5)$— $5 $9 
Other, net$(1)$— $— $— $(1)
Allowance for credit losses on other assets
at end of quarter		$28 $5 $— $30 $63 

(1)    Primarily accounts receivable.