DEBT (Tables)

9 Months Ended

Sep. 30, 2016

Debt Disclosure [Abstract]

Schedule of short-term borrowings

In millions of dollars	September 30, 2016		December 31, 2015
	Balance		Balance
Commercial paper	$	10,109	$	9,995
Other borrowings(1)	19,418		11,084
Total	$	29,527	$	21,079

(1) Includes borrowings from Federal Home Loan Banks and other market participants. At September 30, 2016, collateralized short-term advances from the Federal Home Loan Banks were $10.0 billion. At December 31, 2015, no amounts were outstanding.

Schedule of long-term debt

In millions of dollars	September 30, 2016		December 31, 2015
Citigroup Inc.(1)	$	149,042	$	142,157
Bank(2)	51,688		55,131
Broker-dealer(3)	8,321		3,987
Total	$	209,051	$	201,275

(1) Represents the parent holding company.

(2) Represents Citibank entities as well as other bank entities. At September 30, 2016 and December 31, 2015, collateralized long-term advances from the Federal Home Loan Banks were $21.6 billion and $17.8 billion, respectively.

(3) Represents broker-dealer subsidiaries that are consolidated into Citigroup Inc., the parent holding company.

Summary of outstanding trust preferred securities

The following table presents Citi’s outstanding trust preferred securities at September 30, 2016:

								Junior subordinated debentures owned by trust
Trust	Issuance date	Securities issued	Liquidation value(1)		Coupon rate(2)		Common shares issued to parent	Amount		Maturity	Redeemable by issuer beginning
In millions of dollars, except share amounts
Citigroup Capital III	Dec. 1996	194,053	$	194	7.625	%	6,003	$	200	Dec. 1, 2036	Not redeemable
Citigroup Capital XIII	Sept. 2010	89,840,000	2,246		3 mo LIBOR + 637 bps		1,000	2,246		Oct. 30, 2040	Oct. 30, 2015
Citigroup Capital XVIII	June 2007	99,901	130		6.829		50	130		June 28, 2067	June 28, 2017
Total obligated			$	2,570				$	2,576

Note: Distributions on the trust preferred securities and interest on the subordinated debentures are payable semiannually for Citigroup Capital III and Citigroup Capital XVIII and quarterly for Citigroup Capital XIII.

(1) Represents the notional value received by investors from the trusts at the time of issuance.

(2) In each case, the coupon rate on the subordinated debentures is the same as that on the trust preferred securities.