Citigroup Inc.

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS’ EQUITYCitigroup Inc. and SubsidiariesYear ended December 31,AmountsSharesIn millions of dollars, except shares in thousands 2010 2009 2008 2010 2009 2008Preferred stock at aggregate liquidation valueBalance, beginning of year $ 312 $ 70,664 $ — 12 829 —Redemption or retirement of preferred stock — (74,005) — — (824) —Issuance of new preferred stock — 3,530 70,627 — 7 829Preferred stock Series H discount accretion — 123 37 — — —Balance, end of year $ 312 $ 312 $ 70,664 12 12 829Common stock and additional paid-in capitalBalance, beginning of year $ 98,428 $ 19,222 $ 18,062 28,626,100 5,671,744 5,477,416Employee benefit plans (736) (4,395) (1,921) 467,027 — —Issuance of new common stock — — 4,911 — — 194,328Conversion of preferred stock to common stock — 61,963 — — 17,372,588 —Reset of convertible preferred stock conversion price — 1,285 — — — —Issuance of shares and T-DECs for TARP repayment — 20,298 — 12,698 5,581,768 —Issuance of shares for Nikko Cordial acquisition — — (3,500) — — —Issuance of TARP-related warrants — 88 1,797 — — —ADIA Upper Decs Equity Units Purchase Contract 3,750 — — 117,810 — —Other (126) (33) (127) 381 — —Balance, end of year $101,316 $ 98,428 $ 19,222 29,224,016 28,626,100 5,671,744Retained earningsBalance, beginning of year $ 77,440 $ 86,521 $121,769Adjustment to opening balance, net of taxes (1) (2) (8,483) 413 —Adjusted balance, beginning of period $ 68,957 $ 86,934 $121,769Net income (loss) 10,602 (1,606) (27,684)Common dividends (3) 10 (36) (6,050)Preferred dividends (9) (3,202) (1,477)Preferred stock Series H discount accretion — (123) (37)Reset of convertible preferred stock conversion price — (1,285) —Conversion of preferred stock to common stock — (3,242) —Other (1) — —Balance, end of year $ 79,559 $ 77,440 $ 86,521Treasury stock, at costBalance, beginning of year $ (4,543) $ (9,582) $ (21,724) (142,833) (221,676) (482,835)Issuance of shares pursuant to employee benefit plans 3,106 5,020 4,270 (21,280) 79,247 84,724Treasury stock acquired (4) (6) (3) (7) (1,622) (971) (343)Issuance of shares for Nikko acquisition — — 7,858 — — 174,653Issuance of shares for Grupo Cuscatlán acquisition — — — — — —Issuance of shares for ATD acquisition — — — — — —Other 1 22 21 79 567 2,125Balance, end of year $ (1,442) $ (4,543) $ (9,582) (165,656) (142,833) (221,676)Statement continues on the next page154