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PLEDGED ASSETS, COLLATERAL, GUARANTEES AND COMMITMENTS (Tables)
 12 Months Ended
Dec. 31, 2020
Pledged Assets, Collateral, Guarantees and Commitments [Abstract]  
Schedule of carrying value of assets pledged The approximate carrying values of the significant components of pledged assets recognized on Citi’s Consolidated Balance Sheet included the following:
In millions of dollarsDecember 31, 2020December 31,
2019
Investment securities$231,696 $152,352 
Loans239,699 236,033 
Trading account assets174,717 131,392 
Total$646,112 $519,777 
Summary of restricted cash
Restricted cash is included on the Consolidated Balance Sheet within the following balance sheet lines:
In millions of dollarsDecember 31,
2020		December 31,
2019
Cash and due from banks$3,774 $3,758 
Deposits with banks, net of allowance14,203 26,493 
Total$17,977 $30,251 
Schedule of cash flow supplemental information
The table below provides the Cash Flow Statement Supplemental Information:
In millions of dollarsDecember 31,
2020		December 31,
2019
Cash paid for amounts included in the measurement of lease liabilities$814 $942 
Right-of-use assets obtained in exchange for new operating lease liabilities(1)(2)
447 499 

(1)     Represents non-cash activity and, accordingly, is not reflected in the Consolidated Statement of Cash Flow.
(2)    Excludes the decrease in the right-of-use assets related to the purchase of a previously leased property.
Schedule of future minimum rental payments for operating leases after adoption
Citi’s future lease payments are as follows:
In millions of dollars
2021$791 
2022663 
2023518 
2024399 
2025307 
Thereafter766 
Total future lease payments$3,444 
Less imputed interest (based on weighted-average discount rate of 3.6%)
$(356)
Lease liability$3,088 
Schedule of guarantor obligations
The following tables present information about Citi’s guarantees:
 Maximum potential amount of future payments 
In billions of dollars at December 31, 2020Expire within
1 year		Expire after
1 year		Total amount
outstanding
Carrying value
(in millions of dollars)
Financial standby letters of credit$25.3 $68.4 $93.7 $1,407 
Performance guarantees7.3 6.0 13.3 72 
Derivative instruments considered to be guarantees20.0 60.9 80.9 671 
Loans sold with recourse— 1.2 1.2 9 
Securities lending indemnifications(1)
112.2 — 112.2 — 
Credit card merchant processing(1)(2)
101.9 — 101.9 3 
Credit card arrangements with partners0.2 0.8 1.0 7 
Custody indemnifications and other— 37.3 37.3 35 
Total$266.9 $174.6 $441.5 $2,204 
 Maximum potential amount of future payments 
In billions of dollars at December 31, 2019Expire within
1 year		Expire after
1 year		Total amount
outstanding
Carrying value
(in millions of dollars)
Financial standby letters of credit$31.9 $61.4 $93.3 $581 
Performance guarantees6.9 5.5 12.4 36 
Derivative instruments considered to be guarantees35.2 60.8 96.0 474 
Loans sold with recourse— 1.2 1.2 7 
Securities lending indemnifications(1)
87.8 — 87.8 — 
Credit card merchant processing(1)(2)
91.6 — 91.6 — 
Credit card arrangements with partners0.2 0.4 0.6 23 
Custody indemnifications and other— 33.7 33.7 41 
Total$253.6 $163.0 $416.6 $1,162 
(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.
(2)At December 31, 2020 and 2019, this maximum potential exposure was estimated to be $102 billion and $92 billion, respectively. However, Citi believes that the maximum exposure is not representative of the actual potential loss exposure based on its historical experience. This contingent liability is unlikely to arise, as most products and services are delivered when purchased and amounts are refunded when items are returned to merchants.
Schedule of guarantor obligations by credit ratings Presented in the tables below are the maximum potential amounts of future payments that are classified based on internal and external credit ratings. 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, 2020Investment
grade		Non-investment
grade		Not
rated		Total
Financial standby letters of credit$78.5 $14.6 $0.6 $93.7 
Performance guarantees9.8 3.0 0.5 13.3 
Derivative instruments deemed to be guarantees— — 80.9 80.9 
Loans sold with recourse— — 1.2 1.2 
Securities lending indemnifications— — 112.2 112.2 
Credit card merchant processing— — 101.9 101.9 
Credit card arrangements with partners— — 1.0 1.0 
Custody indemnifications and other24.9 12.4 — 37.3 
Total$113.2 $30.0 $298.3 $441.5 
 Maximum potential amount of future payments
In billions of dollars at December 31, 2019Investment
grade		Non-investment
grade		Not
rated		Total
Financial standby letters of credit$81.2 $11.6 $0.5 $93.3 
Performance guarantees9.7 2.3 0.4 12.4 
Derivative instruments deemed to be guarantees— — 96.0 96.0 
Loans sold with recourse— — 1.2 1.2 
Securities lending indemnifications— — 87.8 87.8 
Credit card merchant processing— — 91.6 91.6 
Credit card arrangements with partners— — 0.6 0.6 
Custody indemnifications and other21.3 12.4 — 33.7 
Total$112.2 $26.3 $278.1 $416.6 
Schedule of credit commitments
The table below summarizes Citigroup’s credit commitments:
In millions of dollarsU.S.Outside of 
U.S.		December 31,
2020		December 31, 2019
Commercial and similar letters of credit $658 $4,563 $5,221 $4,533 
One- to four-family residential mortgages2,654 2,348 5,002 3,721 
Revolving open-end loans secured by one- to four-family residential properties8,326 1,300 9,626 10,799 
Commercial real estate, construction and land development11,256 1,611 12,867 12,981 
Credit card lines606,768 103,631 710,399 708,023 
Commercial and other consumer loan commitments201,969 120,489 322,458 324,359 
Other commitments and contingencies5,177 538 5,715 1,948 
Total$836,808 $234,480 $1,071,288 $1,066,364