Citigroup Inc.

Renegotiated LoansThe following table presents Citi’s renegotiated loans, which represent loansmodified in TDRs.In millions of dollarsDec. 31,2010Dec. 31,2009Corporate renegotiated loans (1)In U.S. officesCommercial and industrial (2) $ 240 $ 203Mortgage and real estate (3) 61 —Other 699 —$ 1,000 $ 203In offices outside the U.S.Commercial and industrial (2) $ 207 $ 145Mortgage and real estate (3) 90 2Other 18 —$ 315 $ 147Total Corporate renegotiated loans $ 1,315 $ 350Consumer renegotiated loans (4)(5)(6)(7)In U.S. officesMortgage and real estate $17,717 $11,165Cards 4,747 992Installment and other 1,986 2,689$24,450 $14,846In offices outside the U.S.Mortgage and real estate $ 927 $ 415Cards 1,159 1,461Installment and other 1,875 1,401$ 3,961 $ 3,277Total Consumer renegotiated loans $28,411 $18,123In certain circumstances, Citigroup modifies certain of its corporate loansinvolving a non-troubled borrower. These modifications are subject to Citi’snormal underwriting standards for new loans and are made in the normalcourse of business to match customers’ needs with available Citi productsor programs (these modifications are not included in the table above). Inother cases, loan modifications involve a troubled borrower to whom Citimay grant a concession (modification). Modifications involving troubledborrowers may include extension of maturity date, reduction in the statedinterest rate, rescheduling of future cash flows, reduction in the face amountof the debt, or reduction of past accrued interest. In cases where Citi grantsa concession to a troubled borrower, Citi accounts for the modification as aTDR under ASC 310-40.Foregone Interest Revenue on Loans (1)In millions of dollarsIn U.S.officesIn non-U.S.offices2010totalInterest revenue that would have been accruedat original contractual rates (2) $4,709 $1,593 $6,302Amount recognized as interest revenue (2) 1,666 431 2,097Foregone interest revenue $3,043 $1,162 $4,205(1) Relates to Corporate non-accruals, renegotiated loans and Consumer loans on which accrual ofinterest has been suspended.(2) Interest revenue in offices outside the U.S. may reflect prevailing local interest rates, including theeffects of inflation and monetary correction in certain countries.(1) Includes $553 million and $317 million of non-accrual loans included in the non-accrual assetstable above, at December 31, 2010 and December 31, 2009, respectively. The remaining loans areaccruing interest.(2) In addition to modifications reflected as TDRs, at December 31, 2010, Citi also modified $190 millionand $416 million of commercial loans risk rated “Substandard Non-Performing” or worse (assetcategory defined by banking regulators) in U.S. offices and in offices outside the U.S., respectively.These modifications were not considered TDRs, because the modifications did not involve aconcession (a required element of a TDR for accounting purposes).(3) In addition to modifications reflected as TDRs, at December 31, 2010, Citi also modified $695 millionand $155 million of commercial real estate loans risk rated “Substandard Non-Performing” orworse (asset category defined by banking regulators) in U.S. offices and in offices outside the U.S.,respectively. These modifications were not considered TDRs, because the modifications did not involvea concession (a required element of a TDR for accounting purposes).(4) Includes $2,751 million and $2,000 million of non-accrual loans included in the non-accrual assetstable above at December 31, 2010 and December 31, 2009, respectively. The remaining loans areaccruing interest.(5) Includes $22 million of commercial real estate loans at December 31, 2010.(6) Includes $177 million and $16 million of commercial loans at December 31, 2010 and December 31,2009, respectively.(7) Smaller-balance homogeneous loans were derived from Citi’s risk management systems.91