Citibank 2014 Annual Report Download - page 284

267
In millions of dollars
Dec. 31,
2013
Net realized/unrealized
gains (losses) incl. in Transfers
Purchases Issuances Sales Settlements
Dec. 31,
2014
Unrealized
gains
(losses)
still held (3)
Principal
transactions Other (1)(2)
into
Level 3
out of
Level 3
Investments
Mortgage-backed securities
U.S. government-sponsored
agency guaranteed $ 187 $ — $ 52 $ 60 $ (203) $ 17 $ — $ (73) $ (2) $ 38 $ (8)
Residential 102 — 33 31 (2) 17 — (173) — 8 —
Commercial — — (6) 4 (7) 10 — — — 1 —
Total investment mortgage-
backed securities $ 289 $ — $ 79 $ 95 $ (212) $ 44 $ — $ (246) $ (2) $ 47 $ (8)
U.S. Treasury and federal
agency securities $ 8 $ — $ — $ — $ — $ — $ — $ (2) $ — $ 6 $ —
State and municipal 1,643 — (64) 811 (584) 923 — (549) — 2,180 49
Foreign government 344 — (27) 286 (105) 851 — (490) (181) 678 (17)
Corporate 285 — (6) 26 (143) 728 — (218) — 672 (4)
Equity securities 815 — 111 19 (19) 10 — (255) — 681 (78)
Asset-backed securities 1,960 — 41 — (47) 95 — (195) (1,305) 549 (18)
Other debt securities 50 — (1) — — 116 — (115) (50) — —
Non-marketable equity securities 4,347 — 94 67 — 707 — (787) (1,903) 2,525 81
Total investments $ 9,741 $ — $ 227 $1,304 $(1,110) $ 3,371 $ — $ (2,857) $(3,338) $ 7,338 $ 5
Loans $ 4,143 $ — $(233) $ 92 $ 6 $ 951 $ 197 $ (895) $(1,153) $ 3,108 $ 37
Mortgage servicing rights 2,718 — (390) — — — 217 (317) (383) 1,845 (390)
Other financial assets
measured on a recurring basis 181 — 100 (83) — 3 164 (10) (277) 78 14
Liabilities
Interest-bearing deposits $ 890 $ — $ 357 $ 5 $ (12) $ — $ 127 $ — $ (167) $ 486 $ (69)
Federal funds purchased and
securities loaned or sold under
agreements to repurchase 902 (6) — 54 — 78 — 220 (217) 1,043 (34)
Trading account liabilities
Securities sold, not yet purchased 590 (81) — 79 (111) — — 534 (749) 424 (58)
Short-term borrowings 29 (31) — 323 (12) — 49 — (76) 344 (8)
Long-term debt 7,621 109 49 2,701 (4,206) — 3,893 — (2,561) 7,290 (446)
Other financial liabilities measured
on a recurring basis 10 — (5) 5 (3) — 1 (3) (8) 7 (4)
(1) Changes in fair value for available-for-sale investments are recorded in Accumulated other comprehensive income (loss), unless other-than-temporarily impaired, while gains and losses from sales are recorded in
Realized gains (losses) from sales of investments on the Consolidated Statement of Income.
(2) Unrealized gains (losses) on MSRs are recorded in Other revenue on the Consolidated Statement of Income.
(3) Represents the amount of total gains or losses for the period, included in earnings (and Accumulated other comprehensive income (loss) for changes in fair value of available-for-sale investments), attributable to the
change in fair value relating to assets and liabilities classified as Level 3 that are still held at December 31, 2014.
(4) Total Level 3 derivative assets and liabilities have been netted in these tables for presentation purposes only.