SECURITIZATIONS AND VARIABLE INTEREST ENTITIES (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of consolidated and unconsolidated VIEs with which the Company holds significant variable interests

	As of December 31, 2013
							Maximum exposure to loss in significant unconsolidated VIEs (1)
	Total						Funded exposures (2)				Unfunded exposures (3)
In millions of dollars	involvement with SPE assets		Consolidated VIE / SPE assets		Significant unconsolidated VIE assets (4)		Debt investments		Equity investments		Funding commitments		Guarantees and derivatives		Total
Citicorp
Credit card securitizations (5)	$	52,229	$	52,229	$	—	$	—	$	—	$	—	$	—	$	—
Mortgage securitizations (6)
U.S. agency-sponsored	239,204		—		239,204		3,583		—		—		36		3,619
Non-agency-sponsored	7,711		598		7,113		583		—		—		—		583
Citi-administered asset-backed commercial paper conduits (ABCP)	31,759		31,759		—		—		—		—		—		—
Collateralized debt obligations (CDOs)	4,204		—		4,204		34		—		—		—		34
Collateralized loan obligations (CLOs)	16,883		—		16,883		1,938		—		—		—		1,938
Asset-based financing	45,884		971		44,913		17,452		74		1,132		195		18,853
Municipal securities tender option bond trusts (TOBs)	12,716		7,039		5,677		29		—		3,881		—		3,910
Municipal investments	15,962		223		15,739		1,846		2,073		1,173		—		5,092
Client intermediation	1,778		195		1,583		145		—		—		—		145
Investment funds (7)	31,787		2,557		29,230		191		264		81		—		536
Trust preferred securities	4,822		—		4,822		—		51		—		—		51
Other	2,439		225		2,214		143		649		20		78		890
Total	$	467,378	$	95,796	$	371,582	$	25,944	$	3,111	$	6,287	$	309	$	35,651
Citi Holdings
Credit card securitizations	$	1,867	$	1,448	$	419	$	—	$	—	$	—	$	—	$	—
Mortgage securitizations
U.S. agency-sponsored	73,549		—		73,549		549		—		—		77		626
Non-agency-sponsored	13,193		1,695		11,498		35		—		—		2		37
Student loan securitizations	1,520		1,520		—		—		—		—		—		—
Collateralized debt obligations (CDOs)	3,625		—		3,625		88		—		—		87		175
Collateralized loan obligations (CLOs)	2,733		—		2,733		358		—		—		111		469
Asset-based financing	3,508		3		3,505		629		3		258		—		890
Municipal investments	7,304		—		7,304		3		204		939		—		1,146
Client intermediation	—		—		—		—		—		—		—		—
Investment funds	1,237		—		1,237		—		61		—		—		61
Other	4,494		4,434		60		—		—		—		—		—
Total	$	113,030	$	9,100	$	103,930	$	1,662	$	268	$	1,197	$	277	$	3,404
Total Citigroup	$	580,408	$	104,896	$	475,512	$	27,606	$	3,379	$	7,484	$	586	$	39,055

(1) The definition of maximum exposure to loss is included in the text that follows this table.

(2) Included in Citigroup’s December 31, 2013 Consolidated Balance Sheet.

(3) Not included in Citigroup’s December 31, 2013 Consolidated Balance Sheet.

(4) A significant unconsolidated VIE is an entity where the Company has any variable interest considered to be significant, regardless of the likelihood of loss or the notional amount of exposure.

(5) As part of its liquidity and funding strategy, during the first quarter of 2013, the Company elected to remove approximately $27 billion of randomly selected credit card receivables from the Master Trust ($12 billion) and Omni Trust ($15 billion) that represented a portion of the excess seller’s interest in each trust. Subsequently, during the second half of 2013, Citi elected to add approximately $7.4 billion of credit card receivables to the Master Trust from the U.S. Citi-branded cards business’ portfolio of eligible unsecuritized credit card receivables (for a discussion of Citi’s credit card securitizations, see “Credit Card Securitizations” below). These credit card receivables continue to be included in Consumer loans on the Consolidated Balance Sheet as of December 31, 2013.

(6) Citicorp mortgage securitizations also include agency and non-agency (private-label) re-securitization activities. These SPEs are not consolidated. See “Re-securitizations” below for further discussion.

(7) Substantially all of the unconsolidated investment funds’ assets are related to retirement funds in Mexico managed by Citi. See “Investment Funds” below for further discussion.

	As of December 31, 2012
							Maximum exposure to loss in significant unconsolidated VIEs (1)
	Total						Funded exposures (2)				Unfunded exposures (3)
In millions of dollars	involvement with SPE assets		Consolidated VIE / SPE assets		Significant unconsolidated VIE assets (4)		Debt investments		Equity investments		Funding commitments		Guarantees and derivatives		Total
Citicorp
Credit card securitizations	$	77,770	$	77,770	$	—	$	—	$	—	$	—	$	—	$	—
Mortgage securitizations (5)
U.S. agency-sponsored	232,741		—		232,741		3,042		—		—		45		3,087
Non-agency-sponsored	8,810		1,188		7,622		382		—		—		—		382
Citi-administered asset-backed commercial paper conduits (ABCP)	30,002		22,387		7,615		—		—		7,615		—		7,615
Collateralized debt obligations (CDOs)	5,539		—		5,539		24		—		—		—		24
Collateralized loan obligations (CLOs)	15,120		—		15,120		642		19		—		—		661
Asset-based financing	41,399		1,125		40,274		14,798		84		2,081		159		17,122
Municipal securities tender option bond trusts (TOBs)	15,163		7,573		7,590		352		—		4,628		—		4,980
Municipal investments	19,693		255		19,438		2,003		3,049		1,669		—		6,721
Client intermediation	2,486		151		2,335		319		—		—		—		319
Investment funds (6)	30,264		2,196		28,068		—		223		—		—		223
Trust preferred securities	12,221		—		12,221		—		126		—		—		126
Other	2,023		115		1,908		113		382		22		76		593
Total	$	493,231	$	112,760	$	380,471	$	21,675	$	3,883	$	16,015	$	280	$	41,853
Citi Holdings
Credit card securitizations	$	2,177	$	1,736	$	441	$	—	$	—	$	—	$	—	$	—
Mortgage securitizations
U.S. agency-sponsored	106,888		—		106,888		700		—		—		163		863
Non-agency-sponsored	17,192		2,127		15,065		43		—		—		2		45
Student loan securitizations	1,681		1,681		—		—		—		—		—		—
Collateralized debt obligations (CDOs)	4,752		—		4,752		139		—		—		124		263
Collateralized loan obligations (CLOs)	4,676		—		4,676		435		—		13		108		556
Asset-based financing	4,166		3		4,163		984		6		243		—		1,233
Municipal investments	7,766		—		7,766		90		235		992		—		1,317
Client intermediation	13		13		—		—		—		—		—		—
Investment funds	1,083		—		1,083		—		47		—		—		47
Other	6,005		5,851		154		—		3		—		—		3
Total	$	156,399	$	11,411	$	144,988	$	2,391	$	291	$	1,248	$	397	$	4,327
Total Citigroup	$	649,630	$	124,171	$	525,459	$	24,066	$	4,174	$	17,263	$	677	$	46,180

(1) The definition of maximum exposure to loss is included in the text that follows this table.

(2) Included in Citigroup’s December 31, 2012 Consolidated Balance Sheet.

(3) Not included in Citigroup’s December 31, 2012 Consolidated Balance Sheet.

(4) A significant unconsolidated VIE is an entity where the Company has any variable interest considered to be significant, regardless of the likelihood of loss or the notional amount of exposure.

(5) Citicorp mortgage securitizations also include agency and non-agency (private-label) re-securitization activities. These SPEs are not consolidated. See “Re-securitizations” below for further discussion.

(6) Substantially all of the unconsolidated investment funds’ assets are related to retirement funds in Mexico managed by Citi. See “Investment Funds” below for further discussion.

Schedule of funding commitments of unconsolidated Variable Interest Entities

	December 31, 2013				December 31, 2012
	Liquidity		Loan		Liquidity		Loan
In millions of dollars	facilities		commitments		facilities		commitments
Citicorp
Citi-administered asset-backed commercial paper conduits (ABCP)	$	—	$	—	$	7,615	$	—
Asset-based financing	5		1,127		6		2,075
Municipal securities tender option bond trusts (TOBs)	3,881		—		4,628		—
Municipal investments	—		1,173		—		1,669
Investment funds	—		81		—		—
Other	—		20		—		22
Total Citicorp	$	3,886	$	2,401	$	12,249	$	3,766
Citi Holdings
Collateralized loan obligations (CLOs)	$	—	$	—	$	13	$	—
Asset-based financing	—		258		—		243
Municipal investments	—		939		—		992
Total Citi Holdings	$	—	$	1,197	$	13	$	1,235
Total Citigroup funding commitments	$	3,886	$	3,598	$	12,262	$	5,001

Schedule of carrying amounts and classifications of consolidated assets that are collateral for consolidated VIE and SPE obligations

	December 31, 2013						December 31, 2012
In billions of dollars	Citicorp		Citi Holdings		Citigroup		Citicorp		Citi Holdings		Citigroup
Cash	$	0.2	$	0.2	$	0.4	$	0.3	$	0.2	$	0.5
Trading account assets	1.0		—		1.0		0.5		—		0.5
Investments	10.4		—		10.4		10.7		—		10.7
Total loans, net	83.2		8.7		91.9		100.8		11.0		111.8
Other	1.1		0.2		1.3		0.5		0.2		0.7
Total assets	$	95.9	$	9.1	$	105.0	$	112.8	$	11.4	$	124.2
Short-term borrowings	$	24.3	$	—	$	24.3	$	17.9	$	—	$	17.9
Long-term debt	32.8		2.0		34.8		23.8		2.6		26.4
Other liabilities	0.9		0.1		1.0		1.1		0.1		1.2
Total liabilities	$	58.0	$	2.1	$	60.1	$	42.8	$	2.7	$	45.5

Schedule of significant interests in unconsolidated VIEs - balance sheet classification

	December 31, 2013						December 31, 2012
In billions of dollars	Citicorp		Citi Holdings		Citigroup		Citicorp		Citi Holdings		Citigroup
Trading account assets	$	4.8	$	0.4	$	5.2	$	4.0	$	0.5	$	4.5
Investments	3.7		0.4		4.1		5.4		0.7		6.1
Total loans, net	18.3		0.6		18.9		14.6		0.9		15.5
Other	2.2		0.5		2.7		1.6		0.5		2.1
Total assets	$	29.0	$	1.9	$	30.9	$	25.6	$	2.6	$	28.2

Schedule of securitized credit card receivables

	Citicorp				Citi Holdings
In billions of dollars	December 31, 2013		December 31, 2012		December 31, 2013		December 31, 2012
Ownership interests in principal amount of trust credit card receivables
Sold to investors via trust-issued securities	$	32.3	$	22.9	$	—	$	0.1
Retained by Citigroup as trust-issued securities	8.1		11.9		1.3		1.4
Retained by Citigroup via non-certificated interests (1)	12.1		44.6		—		0.2
Total ownership interests in principal amount of trust credit card receivables	$	52.5	$	79.4	$	1.3	$	1.7

(1) As part of its liquidity and funding strategy, during the first quarter of 2013, the Company elected to remove approximately $27 billion of randomly selected credit card receivables from the Master Trust ($12 billion) and Omni Trust ($15 billion) that represented a portion of the excess seller’s interest in each trust. Subsequently, during the second half of 2013, Citi elected to add approximately $7.4 billion of credit card receivables to the Master Trust from the U.S. Citi-branded cards business’ portfolio of eligible unsecuritized credit card receivables. These credit card receivables continue to be included in Consumer loans on the Consolidated Balance Sheet as of December 31, 2013.

Schedule of Master Trust liabilities (at par value)

In billions of dollars	Dec. 31, 2013		Dec. 31, 2012
Term notes issued to third parties	$	27.9	$	18.6
Term notes retained by Citigroup affiliates	6.2		4.8
Total Master Trust liabilities	$	34.1	$	23.4

Schedule of Omni Trust liabilities (at par value)

In billions of dollars	Dec. 31, 2013		Dec. 31, 2012
Term notes issued to third parties	$	4.4	$	4.4
Term notes retained by Citigroup affiliates	1.9		7.1
Total Omni Trust liabilities	$	6.3	$	11.5

Schedule of changes in capitalized MSRs

In millions of dollars	2013			2012
Balance, beginning of year	$	1,942		$	2,569
Originations	634			423
Changes in fair value of MSRs due to changes in inputs and assumptions	640			(198		)
Other changes (1)	(496		)	(852		)
Sale of MSRs	(2		)	—
Balance, as of December 31	$	2,718		$	1,942

(1) Represents changes due to customer payments and passage of time.

Schedule of fees received on servicing previously securitized mortgages

In millions of dollars	2013		2012		2011
Servicing fees	$	800	$	990	$	1,170
Late fees	42		65		76
Ancillary fees	100		122		130
Total MSR fees	$	942	$	1,177	$	1,376

Citicorp

Variable Interest Entity

Schedule of cash flow information, credit card securitizations

In billions of dollars	2013			2012			2011
Proceeds from new securitizations	$	15.2		$	2.4		$	3.9
Pay down of maturing notes	(11.2		)	(21.7		)	(20.5		)

Schedule of cash flow information, mortgage securitizations

	2013				2012		2011
In billions of dollars	U.S. agency- sponsored mortgages		Non-agency- sponsored mortgages		Agency-and non-agency- sponsored mortgages		Agency- and non-agency- sponsored mortgages
Proceeds from new securitizations	$	65.8	$	6.7	$	56.5	$	57.3
Contractual servicing fees received	0.4		—		0.5		0.5
Cash flows received on retained interests and other net cash flows	0.1		—		0.1		0.1

Schedule of key assumptions used in measuring fair value of retained interest at the date of sale or securitization of mortgage receivables

	December 31, 2013
		Non-agency-sponsored mortgages (1)
	U.S. agency- sponsored mortgages	Senior interests	Subordinated interests
Discount rate	0.0% to 12.4%	2.3% to 4.3%	0.1% to 19.2%
Weighted average discount rate	10.1%	3.4%	7.8%
Constant prepayment rate	0.0% to 21.4%	5.4% to 10.0%	0.1% to 11.2%
Weighted average constant prepayment rate	5.5%	7.2%	7.5%
Anticipated net credit losses (2)	NM	47.2% to 53.0%	0.1% to 89.0%
Weighted average anticipated net credit losses	NM	49.3%	49.2%
Weighted average life	0.0 to 12.4 years	2.9 to 9.7 years	2.5 to 16.5 years

	December 31, 2012
		Non-agency-sponsored mortgages (1)
	U.S. agency- sponsored mortgages	Senior interests	Subordinated interests
Discount rate	0.2% to 14.4%	1.2% to 24.0%	1.1% to 29.2%
Weighted average discount rate	11.4%	8.1%	13.8%
Constant prepayment rate	6.7% to 36.4%	1.9% to 22.8%	1.6% to 29.4%
Weighted average constant prepayment rate	10.2%	9.3%	10.1%
Anticipated net credit losses (2)	NM	37.5% to 80.2%	33.4% to 90.0%
Weighted average anticipated net credit losses	NM	60.3%	54.1%
Weighted average life	1.8 to 16.0 years	0.4 to 11.2 years	0.0 to 25.7 years

(1) Disclosure of non-agency-sponsored mortgages as senior and subordinated interests is indicative of the interests’ position in the capital structure of the securitization.

(2) Anticipated net credit losses represent estimated loss severity associated with defaulted mortgage loans underlying the mortgage securitizations disclosed above. Anticipated net credit losses, in this instance, do not represent total credit losses incurred to date, nor do they represent credit losses expected on retained interests in mortgage securitizations.

NM Not meaningful. Anticipated net credit losses are not meaningful due to U.S. agency guarantees.

Schedule of key assumptions used to value retained interests and sensitivity of adverse changes of 10% and 20%, mortgage securitizations

	December 31, 2013
		Non-agency-sponsored mortgages (1)
	U.S. agency- sponsored mortgages	Senior interests	Subordinated interests
Discount rate	0.1% to 20.9%	0.5% to 17.4%	2.1% to 19.6%
Weighted average discount rate	6.9%	5.5%	11.2%
Constant prepayment rate	6.2% to 30.4%	1.3% to 100.0%	1.4% to 23.1%
Weighted average constant prepayment rate	11.1%	6.4%	7.4%
Anticipated net credit losses (2)	NM	0.1% to 80.0%	25.5% to 81.9%
Weighted average anticipated net credit losses	NM	49.5%	52.8%
Weighted average life	2.1 to 14.1 years	0.0 to 11.9 years	0.0 to 26.0 years

	December 31, 2012
		Non-agency-sponsored mortgages (1)
	U.S. agency- sponsored mortgages	Senior interests	Subordinated interests
Discount rate	0.6% to 17.2%	1.2% to 24.0%	1.1% to 29.2%
Weighted average discount rate	6.1%	9.0%	13.8%
Constant prepayment rate	9.0% to 57.8%	1.9% to 24.9%	0.5% to 29.4%
Weighted average constant prepayment rate	27.7%	12.3%	10.0%
Anticipated net credit losses (2)	NM	0.1% to 80.2%	33.4% to 90.0%
Weighted average anticipated net credit losses	NM	47.0%	54.1%
Weighted average life	0.3 to 18.3 years	0.4 to 11.2 years	0.0 to 25.7 years

(1) Disclosure of non-agency-sponsored mortgages as senior and subordinated interests is indicative of the interests’ position in the capital structure of the securitization.

NM Not meaningful. Anticipated net credit losses are not meaningful due to U.S. agency guarantees.

				Non-agency-sponsored mortgages (1)
In millions of dollars at December 31, 2013	U.S. agency- sponsored mortgages			Senior interests			Subordinated interests
Carrying value of retained interests	$	2,519		$	293		$	429
Discount rates
Adverse change of 10%	$	(76	)	$	(6	)	$	(25	)
Adverse change of 20%	(148		)	(11		)	(48		)
Constant prepayment rate
Adverse change of 10%	(96		)	(1		)	(7		)
Adverse change of 20%	(187		)	(2		)	(14		)
Anticipated net credit losses
Adverse change of 10%	NM			(2		)	(7		)
Adverse change of 20%	NM			(3		)	(14		)

				Non-agency-sponsored mortgages (1)
In millions of dollars at December 31, 2012	U.S. agency- sponsored mortgages			Senior interests			Subordinated interests
Carrying value of retained interests	$	1,987		$	88		$	466
Discount rates
Adverse change of 10%	$	(46	)	$	(2	)	$	(31	)
Adverse change of 20%	(90		)	(4		)	(59		)
Constant prepayment rate
Adverse change of 10%	(110		)	(1		)	(11		)
Adverse change of 20%	(211		)	(3		)	(22		)
Anticipated net credit losses
Adverse change of 10%	NM			(1		)	(13		)
Adverse change of 20%	NM			(3		)	(24		)

(1) Disclosure of non-agency-sponsored mortgages as senior and subordinated interests is indicative of the interests’ position in the capital structure of the securitization.

NM Not meaningful. Anticipated net credit losses are not meaningful due to U.S. agency guarantees.

Schedule of asset-based financing

	December 31, 2013
In billions of dollars	Total unconsolidated VIE assets		Maximum exposure to unconsolidated VIEs
Type
Commercial and other real estate	$	14.0	$	3.9
Corporate loans	2.2		1.8
Hedge funds and equities	—		—
Airplanes, ships and other assets	28.7		13.2
Total	$	44.9	$	18.9

	December 31, 2012
In billions of dollars	Total unconsolidated VIE assets		Maximum exposure to unconsolidated VIEs
Type
Commercial and other real estate	$	16.1	$	3.1
Corporate loans	2.0		1.6
Hedge funds and equities	0.6		0.4
Airplanes, ships and other assets	21.5		12.0
Total	$	40.2	$	17.1

Schedule of selected cash flow information related to asset-based financing

In billions of dollars	2013		2012		2011
Proceeds from new securitizations	$	0.5	$	—	$	—
Cash flows received on retained interest and other net cash flows	$	0.7	$	0.3	$	—

Schedule of key assumptions used in measuring fair value of retained interests of asset-based financing

		December 31, 2013		December 31, 2012
Discount rate		3.0	%	3.2	%

Schedule of sensitivity of adverse changes of 10% and 20% to discount rate, asset-based financing

	December 31, 2013
In millions of dollars	Asset-based financing
Carrying value of retained interests	$	1,316
Value of underlying portfolio
Adverse change of 10%	$	(11	)
Adverse change of 20%	(23		)

	December 31, 2012
In millions of dollars	Asset-based financing
Carrying value of retained interests	$	1,726
Value of underlying portfolio
Adverse change of 10%	$	(22	)
Adverse change of 20%	(44		)

Citi Holdings

Variable Interest Entity

Schedule of cash flow information, credit card securitizations

In billions of dollars	2013			2012		2011
Proceeds from new securitizations	$	0.2		$	0.4	$	—
Pay down of maturing notes	(0.1		)	—		—

Schedule of cash flow information, mortgage securitizations

	2013				2012		2011
In billions of dollars	U.S. agency- sponsored mortgages		Non-agency- sponsored mortgages		Agency- and non-agency- sponsored mortgages		Agency- and non-agency- sponsored mortgages
Proceeds from new securitizations	$	0.2	$	—	$	0.4	$	1.1
Contractual servicing fees received	0.3		—		0.4		0.6
Cash flows received on retained interests and other net cash flows	—		—		—		0.1

Schedule of key assumptions used to value retained interests and sensitivity of adverse changes of 10% and 20%, mortgage securitizations

	December 31, 2013
		Non-agency-sponsored mortgages (1)
	U.S. agency- sponsored mortgages	Senior interests	Subordinated interests (2)
Discount rate	0.0% to 49.3%	9.9%	—
Weighted average discount rate	9.5%	9.9%	—
Constant prepayment rate	9.6% to 26.2%	12.3% to 27.3%	—
Weighted average constant prepayment rate	20.0%	15.6%	—
Anticipated net credit losses	NM	0.3%	—
Weighted average anticipated net credit losses	NM	0.3%	—
Weighted average life	2.3 to 7.6 years	5.2 years	—

	December 31, 2012
		Non-agency-sponsored mortgages (1)
	U.S. agency- sponsored mortgages	Senior interests	Subordinated interests
Discount rate	0.0% to 52.7%	4.1% to 29.2%	3.4% to 12.4%
Weighted average discount rate	9.7%	4.2%	8.0%
Constant prepayment rate	8.2% to 37.4%	21.7% to 26.0%	12.7% to 18.7%
Weighted average constant prepayment rate	28.6%	21.7%	15.7%
Anticipated net credit losses	NM	0.5%	50.0% to 50.1%
Weighted average anticipated net credit losses	NM	0.5%	50.1%
Weighted average life	2.2 to 7.8 years	2.1 to 4.4 years	6.0 to 7.4 years

(1) Disclosure of non-agency-sponsored mortgages as senior and subordinated interests is indicative of the interests’ position in the capital structure of the securitization.

(2) Citi Holdings held no subordinated interests in mortgage securitizations as of December 31, 2013.

NM Not meaningful. Anticipated net credit losses are not meaningful due to U.S. agency guarantees.

				Non-agency-sponsored mortgages (1)
In millions of dollars at December 31, 2013	U.S. agency- sponsored mortgages			Senior interests			Subordinated interests
Carrying value of retained interests	$	585		$	50		$	—
Discount rates
Adverse change of 10%	$	(16	)	$	(3	)	$	—
Adverse change of 20%	(32		)	(5		)	—
Constant prepayment rate
Adverse change of 10%	(33		)	(3		)	—
Adverse change of 20%	(65		)	(6		)	—
Anticipated net credit losses
Adverse change of 10%	NM			(5		)	—
Adverse change of 20%	NM			(11		)	—

				Non-agency-sponsored mortgages (1)
In millions of dollars at December 31, 2012	U.S. agency- sponsored mortgages			Senior interests			Subordinated interests
Carrying value of retained interests	$	618		$	39		$	16
Discount rates
Adverse change of 10%	$	(22	)	$	—		$	(1	)
Adverse change of 20%	(42		)	(1		)	(2		)
Constant prepayment rate
Adverse change of 10%	(57		)	(3		)	—
Adverse change of 20%	(109		)	(7		)	(1		)
Anticipated net credit losses
Adverse change of 10%	NM			(9		)	(2		)
Adverse change of 20%	NM			(19		)	(4		)

(1) Disclosure of non-agency-sponsored mortgages as senior and subordinated interests is indicative of the interests’ position in the capital structure of the securitization.

NM Not meaningful. Anticipated net credit losses are not meaningful due to U.S. agency guarantees.

Schedule of key assumptions for measuring fair value of retained interests at the date of sale or securitization of CDOs and CLOs

	December 31, 2013
	CDOs	CLOs
Discount rate	44.3% to 48.7%	1.3% to 1.5%

	December 31, 2012
	CDOs	CLOs
Discount rate	46.9% to 51.6%	1.9% to 2.1%

Schedule of sensitivity of adverse changes of 10% and 20% to discount rate, CDOs and CLOs

	December 31, 2013
In millions of dollars	CDOs			CLOs
Carrying value of retained interests	$	19		$	1,365
Discount rates
Adverse change of 10%	$	(1	)	$	(7	)
Adverse change of 20%	(2		)	(14		)

	December 31, 2012
In millions of dollars	CDOs			CLOs
Carrying value of retained interests	$	16		$	428
Discount rates
Adverse change of 10%	$	(2	)	$	(2	)
Adverse change of 20%	(3		)	(4		)

Schedule of asset-based financing

	December 31, 2013
In billions of dollars	Total unconsolidated VIE assets		Maximum exposure to unconsolidated VIEs
Type
Commercial and other real estate	$	0.8	$	0.3
Corporate loans	0.1		0.1
Airplanes, ships and other assets	2.6		0.5
Total	$	3.5	$	0.9

	December 31, 2012
In billions of dollars	Total unconsolidated VIE assets		Maximum exposure to unconsolidated VIEs
Type
Commercial and other real estate	$	0.9	$	0.3
Corporate loans	0.4		0.3
Airplanes, ships and other assets	2.9		0.6
Total	$	4.2	$	1.2

Schedule of selected cash flow information related to asset-based financing

In billions of dollars	2013		2012		2011
Cash flows received on retained interest and other net cash flows	$	0.2	$	1.7	$	1.4

Schedule of sensitivity of adverse changes of 10% and 20% to discount rate, asset-based financing

	December 31, 2013
In millions of dollars	Asset-based financing
Carrying value of retained interests	$	95
Value of underlying portfolio
Adverse change of 10%	$	—
Adverse change of 20%	—

	December 31, 2012
In millions of dollars	Asset-based financing
Carrying value of retained interests	$	339
Value of underlying portfolio
Adverse change of 10%	$	—
Adverse change of 20%	—