PLEDGED ASSETS, COLLATERAL, GUARANTEES AND COMMITMENTS (Tables)

12 Months Ended

Dec. 31, 2014

Pledged Assets, Collateral, Guarantees and Commitments [Abstract]

Schedule of carrying value of assets pledged

At December 31, 2014 and 2013, the approximate carrying values of the significant components of pledged assets recognized on the Company’s Consolidated Balance Sheet included:



In millions of dollars	2014		2013
Investment securities	$	173,015	$	183,071
Loans	214,530		228,513
Trading account assets	111,832		118,832
Total	$	499,377	$	530,416

Schedule of future minimum rental payments for operating leases

Future minimum annual rentals under noncancelable leases, net of sublease income, are as follows:



In millions of dollars
2015	$	1,415
2016	1,192
2017	964
2018	771
2019	679
Thereafter	4,994
Total	$	10,015

Schedule of guarantor obligations

The following tables present information about Citi’s guarantees at December 31, 2014 and December 31, 2013:



	Maximum potential amount of future payments
In billions of dollars at December 31, 2014 except carrying value in millions	Expire within 1 year		Expire after 1 year		Total amount outstanding		Carrying value (in millions of dollars)
Financial standby letters of credit	$	25.4	$	73.0	$	98.4	$	242
Performance guarantees	7.1		4.8		11.9		29
Derivative instruments considered to be guarantees	12.5		79.2		91.7		2,806
Loans sold with recourse	—		0.2		0.2		15
Securities lending indemnifications⁽¹⁾	127.5		—		127.5		—
Credit card merchant processing⁽¹⁾	86.0		—		86.0		—
Custody indemnifications and other	—		48.9		48.9		54
Total	$	258.5	$	206.1	$	464.6	$	3,146



	Maximum potential amount of future payments
In billions of dollars at December 31, 2013 except carrying value in millions	Expire within 1 year		Expire after 1 year		Total amount outstanding		Carrying value (in millions of dollars)
Financial standby letters of credit	$	28.8	$	71.4	$	100.2	$	429
Performance guarantees	7.6		4.9		12.5		42
Derivative instruments considered to be guarantees	6.0		61.6		67.6		797
Loans sold with recourse	—		0.3		0.3		22
Securities lending indemnifications⁽¹⁾	79.2		—		79.2		—
Credit card merchant processing⁽¹⁾	85.9		—		85.9		—
Custody indemnifications and other	—		36.3		36.3		53
Total	$	207.5	$	174.5	$	382.0	$	1,343


(1)	The carrying values of securities lending indemnifications and credit card merchant processing were not material for either period presented, as the probability of potential liabilities arising from these guarantees is minimal.

Schedule of guarantor obligations by credit ratings

Presented in the tables below are the maximum potential amounts of future payments that are classified based upon internal and external credit ratings as of December 31, 2014 and December 31, 2013. As previously mentioned, the determination of the maximum potential future payments is based on the notional amount of the guarantees without consideration of possible recoveries under recourse provisions or from collateral held or pledged. As such, Citi believes such amounts bear no relationship to the anticipated losses, if any, on these guarantees.



	Maximum potential amount of future payments
In billions of dollars at December 31, 2014	Investment grade		Non-investment grade		Not rated		Total
Financial standby letters of credit	$	73.0	$	15.9	$	9.5	$	98.4
Performance guarantees	7.3		3.9		0.7		11.9
Derivative instruments deemed to be guarantees	—		—		91.7		91.7
Loans sold with recourse	—		—		0.2		0.2
Securities lending indemnifications	—		—		127.5		127.5
Credit card merchant processing	—		—		86.0		86.0
Custody indemnifications and other	48.8		0.1		—		48.9
Total	$	129.1	$	19.9	$	315.6	$	464.6



	Maximum potential amount of future payments
In billions of dollars at December 31, 2013	Investment grade		Non-investment grade		Not rated		Total
Financial standby letters of credit	$	76.2	$	14.8	$	9.2	$	100.2
Performance guarantees	7.4		3.6		1.5		12.5
Derivative instruments deemed to be guarantees	—		—		67.6		67.6
Loans sold with recourse	—		—		0.3		0.3
Securities lending indemnifications	—		—		79.2		79.2
Credit card merchant processing	—		—		85.9		85.9
Custody indemnifications and other	36.2		0.1		—		36.3
Total	$	119.8	$	18.5	$	243.7	$	382.0

Schedule of Credit Commitments

The table below summarizes Citigroup’s credit commitments as of December 31, 2014 and December 31, 2013:



In millions of dollars	U.S.		Outside of U.S.		December 31, 2014		December 31, 2013
Commercial and similar letters of credit	$	1,369	$	5,265	$	6,634	$	7,341
One- to four-family residential mortgages	3,243		2,431		5,674		4,946
Revolving open-end loans secured by one- to four-family residential properties	13,535		2,563		16,098		16,781
Commercial real estate, construction and land development	8,045		1,197		9,242		8,003
Credit card lines	492,391		119,658		612,049		641,111
Commercial and other consumer loan commitments	154,923		88,757		243,680		225,447
Other commitments and contingencies	1,584		4,091		5,675		7,863
Total	$	675,090	$	223,962	$	899,052	$	911,492