XML 114 R22.htm IDEA: XBRL DOCUMENT v2.3.0.15
CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
9 Months Ended
Sep. 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 nine-month periods ended September 30, 2011 and 2010 are as follows:

Nine months ended September 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 )

Change in net unrealized gains (losses) on investment securities, net of taxes(1)

     505     —     —     —     505  

Foreign currency translation adjustment, net of taxes(5)

     —     (4,935 )   —     —     (4,935 )

Cash flow hedges, net of taxes(3)

     —     —     (532 )   —     (532 )

Pension liability adjustment, net of taxes(4)

     —     —     —     140     140  
                       

Change

   $ 505   $ (4,935 ) $ (532 ) $ 140   $ (4,822 )
                       

Balance, September 30, 2011

   $ (98 ) $ (9,922 ) $ (3,099 ) $ (3,925 ) $ (17,044 )
                       

Nine months ended September 30, 2010:

                                

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 )

Change in net unrealized gains (losses) on investment securities, net of taxes(1)

     1,262     —     —     —     1,262  

Foreign currency translation adjustment, net of taxes(2)

     —     2,755     —     —     2,755  

Cash flow hedges, net of taxes(3)

     —     —     (121 )   —     (121 )

Pension liability adjustment, net of taxes(4)

     —     —     —     (35 )   (35 )
                       

Change

   $ 1,262   $ 2,755   $ (121 ) $ (35 ) $ 3,861  
                       

Balance, September 30, 2010

   $ (997 ) $ (7,507 ) $ (3,305 ) $ (3,500 ) $ (15,309 )
                       
(1)
The after tax realized gains (losses) on sales and impairments of securities during the nine months ended September 30, 2011 and 2010 were $(26) million and $556 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)
Primarily reflects 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)
Primarily reflects adjustments based on the final year-end actuarial valuations for the Company's pension and postretirement plans and amortization of amounts previously recognized in other comprehensive income.

(5)
Primarily reflects the movements (by order of impact) in the Mexican peso, Euro, Brazilian real, Korean won, Turkish lira and Polish zloty against the U.S. dollar, and changes in related tax effects and hedges.