GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2013

GOODWILL AND INTANGIBLE ASSETS

Changes in Goodwill

In millions of dollars
Balance at December 31, 2012	$	25,673
Foreign exchange translation and other		(199	)
Balance at March 31, 2013	$	25,474
Foreign exchange translation and other		(516	)
Discontinued operations		(62	)
Balance at June 30, 2013	$	24,896
Foreign exchange translation and other		220
Smaller acquisitions/divestitures		(18	)
Balance at September 30, 2013	$	25,098

Goodwill by reporting units

In millions of dollars Reporting unit	Goodwill
North America Regional Consumer Banking	$	6,795
EMEA Regional Consumer Banking		347
Asia Regional Consumer Banking		5,198
Latin America Regional Consumer Banking		1,781
Securities and Banking		9,229
Transaction Services		1,594
Latin America Retirement Services		42
Citi Holdings—Cards		112
Total	$	25,098

Components of intangible assets

	September 30, 2013						December 31, 2012
In millions of dollars	Gross carrying amount		Accumulated amortization		Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount
Purchased credit card relationships	$	7,550	$	5,913	$	1,637	$	7,632	$	5,726	$	1,906
Core deposit intangibles		1,250		1,030		220		1,315		1,019		296
Other customer relationships		706		389		317		767		380		387
Present value of future profits		238		144		94		239		135		104
Indefinite-lived intangible assets		324		—		324		487		—		487
Other(1)		4,716		2,420		2,296		4,764		2,247		2,517
Intangible assets (excluding MSRs)	$	14,784	$	9,896	$	4,888	$	15,204	$	9,507	$	5,697
Mortgage servicing rights (MSRs)		2,580		—		2,580		1,942		—		1,942
Total intangible assets	$	17,364	$	9,896	$	7,468	$	17,146	$	9,507	$	7,639

(1)

Includes contract-related intangible assets.

Changes in intangible assets

In millions of dollars	Net carrying amount at December 31, 2012		Acquisitions/ divestitures		Amortization			Impairments			FX and other			Discontinued Operations			Net carrying amount at September 30, 2013
Purchased credit card relationships	$	1,906	$	36	$	(283	)	$	(4	)	$	(4	)	$	(14	)	$	1,637
Core deposit intangibles		296		—		(54	)		(21	)		(1	)		—			220
Other customer relationships		387		—		(27	)		—			(43	)		—			317
Present value of future profits		104		—		(9	)		—			(1	)		—			94
Indefinite-lived intangible assets		487		—		—			—			(1	)		(162	)		324
Other		2,517		66		(231	)		—			(27	)		(29	)		2,296
Intangible assets (excluding MSRs)	$	5,697	$	102	$	(604	)	$	(25	)	$	(77	)	$	(205	)	$	4,888
Mortgage servicing rights (MSRs)(1)		1,942																2,580
Total intangible assets	$	7,639															$	7,468

(1)

See Note 19 to the Consolidated Financial Statements for the roll-forward of MSRs.