10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CITIGROUP INC | |||
Ticker: C Fiscal Year: 2014 | |||
CONSOLIDATED STATEMENT OF CASH FLOWS | |||
Period Ending Dec 31, 2014 10-K (Filed: Feb 25, 2015) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
| Cash flows from operating activities of continuing operations | |||
| Net income before attribution of noncontrolling interests | $ 7,498 | 13,900 | 7,760 |
| Net income attributable to noncontrolling interests | 185 | 227 | 219 |
| Citigroups net income | 7,313 | 13,673 | 7,541 |
| Loss from discontinued operations, net of taxes | (2) | (90) | (57) |
| Gain (loss) on sale, net of taxes | 0 | 360 | (1) |
| Income from continuing operations-excluding noncontrolling interests | 7,315 | 13,403 | 7,599 |
| Adjustments to reconcile net income to net cash provided by operating activities of continuing operations | |||
| Amortization of deferred policy acquisition costs and present value of future profits | 210 | 194 | 203 |
| (Additions) reductions to deferred policy acquisition costs | (64) | (54) | 85 |
| Depreciation and amortization | 3,589 | 3,303 | 2,507 |
| Deferred tax provision (benefit) | 3,014 | 2,380 | (4,091) |
| Provision for loan losses | 6,828 | 7,604 | 10,458 |
| Realized gains from sales of investments | (570) | (748) | (3,251) |
| Net impairment losses recognized in earnings | 426 | 535 | 4,971 |
| Change in trading account assets | (10,858) | 35,001 | (29,195) |
| Change in trading account liabilities | 30,274 | (6,787) | (10,533) |
| Change in brokerage receivables net of brokerage payables | (4,272) | (6,490) | 945 |
| Change in loans held-for-sale | (1,144) | 4,321 | (1,106) |
| Change in other assets | 709 | 13,332 | (530) |
| Change in other liabilities | 4,544 | (7,880) | (1,457) |
| Other, net | 5,433 | 5,130 | 13,033 |
| Total adjustments | 38,119 | 49,841 | (17,961) |
| Net cash provided by (used in) operating activities of continuing operations | 45,434 | 63,244 | (10,362) |
| Cash flows from investing activities of continuing operations | |||
| Change in deposits with banks | 40,916 | (66,871) | 53,650 |
| Change in federal funds sold and securities borrowed or purchased under agreements to resell | 14,467 | 4,274 | 14,538 |
| Change in loans | 1,170 | (30,198) | (31,591) |
| Proceeds from sales and securitizations of loans | 4,752 | 9,123 | 7,287 |
| Purchases of investments | (258,992) | (220,823) | (256,907) |
| Proceeds from sales of investments | 135,824 | 131,100 | 143,853 |
| Proceeds from maturities of investments | 94,117 | 84,831 | 102,020 |
| Capital expenditures on premises and equipment and capitalized software | (3,386) | (3,490) | (3,604) |
| Proceeds from sales of premises and equipment, subsidiaries and affiliates, and repossessed assets | 623 | 716 | 1,089 |
| Net cash provided by (used in) investing activities of continuing operations | 29,491 | (91,338) | 30,335 |
| Cash flows from financing activities of continuing operations | |||
| Dividends paid | (633) | (314) | (143) |
| Issuance of preferred stock | 3,699 | 4,192 | 2,250 |
| Redemption of preferred stock | 0 | (94) | 0 |
| Treasury stock acquired | (1,232) | (837) | (5) |
| Stock tendered for payment of withholding taxes | (508) | (452) | (194) |
| Change in federal funds purchased and securities loaned or sold under agreements to repurchase | (30,074) | (7,724) | 12,863 |
| Issuance of long-term debt | 66,836 | 54,405 | 27,843 |
| Payments and redemptions of long-term debt | (58,923) | (63,994) | (117,575) |
| Change in deposits | (48,336) | 37,713 | 64,624 |
| Change in short-term borrowings | (1,099) | 199 | (2,164) |
| Net cash provided by (used in) financing activities of continuing operations | (70,270) | 23,094 | (12,501) |
| Effect of exchange rate changes on cash and cash equivalents | (2,432) | (1,558) | 274 |
| Discontinued operations | |||
| Net cash used in discontinued operations | 0 | (10) | 6 |
| Change in cash and due from banks | 2,223 | (6,568) | 7,752 |
| Cash and due from banks at beginning of period | 29,885 | 36,453 | |
| Cash and due from banks at end of period | 32,108 | 29,885 | 36,453 |
| Supplemental disclosure of cash flow information for continuing operations | |||
| Cash paid during the year for income taxes | 4,632 | 4,495 | 3,900 |
| Cash paid during the year for interest | 12,868 | 14,383 | 19,739 |
| Non-cash investing activities | |||
| Change in loans due to consolidation/deconsolidation of VIEs | (374) | 6,718 | 0 |
| Transfers to loans held-for-sale from loans | 12,700 | 17,300 | 8,700 |
| Transfers to OREO and other repossessed assets | 321 | 325 | 500 |
| Non-cash financing activities | |||
| Decrease in deposits associated with reclassification to HFS | (20,605) | 0 | 0 |
| Increase in short-term borrowings due to consolidation of VIEs | 500 | 6,718 | 0 |
| Decrease in long-term debt due to deconsolidation of VIEs | (864) | 0 | 0 |
| External Links | |
| CITIGROUP INC (C) Fiscal Year 2014 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |