CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

6 Months Ended

Jun. 30, 2011

CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

16. CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Changes in each component of Accumulated other comprehensive income (loss) for the six-month periods ended June 30, 2011 and 2010 are as follows:

Six months ended June 30, 2011:

*In millions of dollars*	Net unrealized gains (losses) on investment securities			Foreign currency translation adjustment, net of hedges			Cash flow hedges			Pension liability adjustments			Accumulated other comprehensive income (loss)

Balance, December 31, 2010	$	(2,395	)	$	(7,127	)	$	(2,650	)	$	(4,105	)	$	(16,277	)
Change in net unrealized gains (losses) on investment securities, net of taxes(1)		740			—			—			—			740
Foreign currency translation adjustment, net of taxes(2)		—			1,364			—			—			1,364
Cash flow hedges, net of taxes(3)		—			—			152			—			152
Pension liability adjustment, net of taxes(4)		—			—			—			37			37

Change	$	740		$	1,364		$	152		$	37		$	2,293

Balance, March 31, 2011	$	(1,655	)	$	(5,763	)	$	(2,498	)	$	(4,068	)	$	(13,984	)
Change in net unrealized gains (losses) on investment securities, net of taxes(1)		1,052			—			—			—			1,052
Foreign currency translation adjustment, net of taxes(2)		—			776			—			—			776
Cash flow hedges, net of taxes(3)		—			—			(69	)		—			(69	)
Pension liability adjustment, net of taxes(4)		—			—			—			3			3

Change	$	1,052		$	776		$	(69	)	$	3		$	1,762

Balance, June 30, 2011	$	(603	)	$	(4,987	)	$	(2,567	)	$	(4,065	)	$	(12,222	)

Six months ended June 30, 2010:

*In millions of dollars*	Net unrealized gains (losses) on investment securities			Foreign currency translation adjustment, net of hedges			Cash flow hedges			Pension liability adjustments			Accumulated other comprehensive income (loss)

Balance, December 31, 2009	$	(4,347	)	$	(7,947	)	$	(3,182	)	$	(3,461	)	$	(18,937	)
Change in net unrealized gains (losses) on investment securities, net of taxes(1)		1,182			—			—			—			1,182
Foreign currency translation adjustment, net of taxes(2)		—			(279	)		—			—			(279	)
Cash flow hedges, net of taxes(3)		—			—			223			—			223
Pension liability adjustment, net of taxes(4)		—			—			—			(48	)		(48	)

Change	$	1,182		$	(279	)	$	223		$	(48	)	$	1,078

Balance, March 31, 2010	$	(3,165	)	$	(8,226	)	$	(2,959	)	$	(3,509	)	$	(17,859	)
Change in net unrealized gains (losses) on investment securities, net of taxes(1)		906			—			—			—			906
Foreign currency translation adjustment, net of taxes(2)		—			(2,036	)		—			—			(2,036	)
Cash flow hedges, net of taxes(3)		—			—			(225	)		—			(225	)
Pension liability adjustment, net of taxes(4)		—			—			—			44			44

Change	$	906		$	(2,036	)	$	(225	)	$	44		$	(1,311	)

Balance, June 30, 2010	$	(2,259	)	$	(10,262	)	$	(3,184	)	$	(3,465	)	$	(19,170	)

(1): The after tax realized gains (losses) on sales and impairments of securities during the six months ended June 30, 2011 and 2010 were $(414) million and $89 million, respectively. For details of the unrealized gains and losses on Citigroup's available-for-sale and held-to-maturity securities, and the net gains (losses) included in income, see Note 11 to the Consolidated Financial Statements.
(2): Reflects, among other items: the movements in the Brazilian real, British pound, Euro, Japanese yen, Korean won, Mexican peso, Polish zloty and Turkish lira against the U.S. dollar, and changes in related tax effects and hedges.
(3): Primarily driven by Citigroup's pay fixed/receive floating interest rate swap programs that are hedging the floating rates on deposits and long-term debt.
(4): Reflects adjustments to the funded status of pension and postretirement plans, which is the difference between the fair value of the plan assets and the projected benefit obligation.

- Definition

This label may include the following: 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Components of comprehensive income include: (1) foreign currency translation adjustments; (2) gains and losses on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (3) gains and losses on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (4) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (5) unrealized holding gains and losses on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (6) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (7) the net gain or loss and net prior service cost or credit for pension plans and other postretirement benefit plans.

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