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CONDENSED CONSOLIDATING FINANCIAL STATEMENTS - Condensed Consolidating Statements of Income and Comprehensive Income (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues        
Dividends from subsidiaries $ 0 $ 0 $ 0 $ 0
Interest revenue 12,463 14,589 24,997 31,728
Interest revenue—intercompany 0 0 0 0
Interest expense 2,264 3,509 4,632 9,156
Interest expense—intercompany 0 0 0 0
Net interest revenue 10,199 11,080 20,365 22,572
Commissions and fees 3,374 2,933 7,044 5,954
Commissions and fees—intercompany 0 0 0 0
Principal transactions 2,304 4,157 6,217 9,418
Principal transactions—intercompany 0 0 0 0
Other revenue 1,597 1,596 3,175 2,553
Other revenue—intercompany 0 0 0 0
Total non-interest revenues 7,275 8,686 16,436 17,925
Total revenues, net of interest expense 17,474 19,766 36,801 40,497
Total provisions for credit losses and for benefits and claims [1] (1,066) 8,197 (3,121) 15,157
Operating expenses        
Compensation and benefits 5,982 5,624 11,983 11,278
Compensation and benefits—intercompany 0 0 0 0
Other operating 5,210 4,836 10,282 9,825
Other operating—intercompany 0 0 0 0
Total operating expenses 11,192 10,460 22,265 21,103
Equity in undistributed income of subsidiaries 0 0 0 0
Income (loss) from continuing operations before income taxes 7,348 1,109 17,657 4,237
Provision (benefits) for income taxes 1,155 52 3,487 632
Income (loss) from continuing operations 6,193 1,057 14,170 3,605
Income (loss) from discontinued operations, net of taxes 10 (1) 8 (19)
Net income (loss) before attribution of noncontrolling interests 6,203 1,056 14,178 3,586
Noncontrolling interests 10 0 43 (6)
Citigroup’s net income 6,193 1,056 14,135 3,592
Comprehensive income        
Add: Other comprehensive income (loss) [2] (109) (824) (3,062) 2,973
Total Citigroup comprehensive income (loss) 6,084 232 11,073 6,565
Add: Other comprehensive income (loss) attributable to noncontrolling interests 18 39 (40) (12)
Add: Net income (loss) attributable to noncontrolling interests 10 0 43 (6)
Total comprehensive income (loss) 6,112 271 11,076 6,547
Reportable legal entities | Citigroup parent company        
Revenues        
Dividends from subsidiaries 3,700 0 3,800 105
Interest revenue 0 0 0 0
Interest revenue—intercompany 954 1,067 1,912 2,211
Interest expense 1,209 1,265 2,421 2,408
Interest expense—intercompany 94 142 178 390
Net interest revenue (349) (340) (687) (587)
Commissions and fees 0 0 0 0
Commissions and fees—intercompany (1) 0 (27) (19)
Principal transactions (892) (258) 877 (930)
Principal transactions—intercompany 910 62 (968) 564
Other revenue (4) (14) 51 66
Other revenue—intercompany 3 8 (61) (62)
Total non-interest revenues 16 (202) (128) (381)
Total revenues, net of interest expense 3,367 (542) 2,985 (863)
Total provisions for credit losses and for benefits and claims 2 0 2 0
Operating expenses        
Compensation and benefits 0 105 28 133
Compensation and benefits—intercompany 24 1 48 75
Other operating 14 9 25 32
Other operating—intercompany 3 4 6 8
Total operating expenses 41 119 107 248
Equity in undistributed income of subsidiaries 2,567 1,847 10,740 4,229
Income (loss) from continuing operations before income taxes 5,891 1,186 13,616 3,118
Provision (benefits) for income taxes (302) 130 (519) (474)
Income (loss) from continuing operations 6,193 1,056 14,135 3,592
Income (loss) from discontinued operations, net of taxes 0 0 0 0
Net income (loss) before attribution of noncontrolling interests 6,193 1,056 14,135 3,592
Noncontrolling interests 0 0 0 0
Citigroup’s net income 6,193 1,056 14,135 3,592
Comprehensive income        
Add: Other comprehensive income (loss) (109) (824) (3,062) 2,973
Total Citigroup comprehensive income (loss) 6,084 232 11,073 6,565
Add: Other comprehensive income (loss) attributable to noncontrolling interests 0 0 0 0
Add: Net income (loss) attributable to noncontrolling interests 0 0 0 0
Total comprehensive income (loss) 6,084 232 11,073 6,565
Reportable legal entities | CGMHI        
Revenues        
Dividends from subsidiaries 0 0 0 0
Interest revenue 1,014 1,309 1,985 3,212
Interest revenue—intercompany 136 282 281 623
Interest expense 221 380 444 1,521
Interest expense—intercompany 330 621 659 1,403
Net interest revenue 599 590 1,163 911
Commissions and fees 1,836 1,771 3,997 3,321
Commissions and fees—intercompany 88 73 135 237
Principal transactions 919 (2,993) 6,577 3,261
Principal transactions—intercompany (110) 4,890 (4,348) 499
Other revenue 139 211 242 260
Other revenue—intercompany (8) 13 (28) 26
Total non-interest revenues 2,864 3,965 6,575 7,604
Total revenues, net of interest expense 3,463 4,555 7,738 8,515
Total provisions for credit losses and for benefits and claims 3 1 7 0
Operating expenses        
Compensation and benefits 1,303 1,345 2,637 2,641
Compensation and benefits—intercompany 0 0 0 0
Other operating 680 594 1,322 1,192
Other operating—intercompany 808 375 1,488 857
Total operating expenses 2,791 2,314 5,447 4,690
Equity in undistributed income of subsidiaries 0 0 0 0
Income (loss) from continuing operations before income taxes 669 2,240 2,284 3,825
Provision (benefits) for income taxes (119) 715 333 1,052
Income (loss) from continuing operations 788 1,525 1,951 2,773
Income (loss) from discontinued operations, net of taxes 0 0 0 0
Net income (loss) before attribution of noncontrolling interests 788 1,525 1,951 2,773
Noncontrolling interests 0 0 0 0
Citigroup’s net income 788 1,525 1,951 2,773
Comprehensive income        
Add: Other comprehensive income (loss) 7 (1,429) (43) 328
Total Citigroup comprehensive income (loss) 795 96 1,908 3,101
Add: Other comprehensive income (loss) attributable to noncontrolling interests 0 0 0 0
Add: Net income (loss) attributable to noncontrolling interests 0 0 0 0
Total comprehensive income (loss) 795 96 1,908 3,101
Reportable legal entities | Other Citigroup subsidiaries and eliminations        
Revenues        
Dividends from subsidiaries 0 0 0 0
Interest revenue 11,449 13,280 23,012 28,516
Interest revenue—intercompany (1,090) (1,349) (2,193) (2,834)
Interest expense 834 1,864 1,767 5,227
Interest expense—intercompany (424) (763) (837) (1,793)
Net interest revenue 9,949 10,830 19,889 22,248
Commissions and fees 1,538 1,162 3,047 2,633
Commissions and fees—intercompany (87) (73) (108) (218)
Principal transactions 2,277 7,408 (1,237) 7,087
Principal transactions—intercompany (800) (4,952) 5,316 (1,063)
Other revenue 1,462 1,399 2,882 2,227
Other revenue—intercompany 5 (21) 89 36
Total non-interest revenues 4,395 4,923 9,989 10,702
Total revenues, net of interest expense 14,344 15,753 29,878 32,950
Total provisions for credit losses and for benefits and claims (1,071) 8,196 (3,130) 15,157
Operating expenses        
Compensation and benefits 4,679 4,174 9,318 8,504
Compensation and benefits—intercompany (24) (1) (48) (75)
Other operating 4,516 4,233 8,935 8,601
Other operating—intercompany (811) (379) (1,494) (865)
Total operating expenses 8,360 8,027 16,711 16,165
Equity in undistributed income of subsidiaries 0 0 0 0
Income (loss) from continuing operations before income taxes 7,055 (470) 16,297 1,628
Provision (benefits) for income taxes 1,576 (793) 3,673 54
Income (loss) from continuing operations 5,479 323 12,624 1,574
Income (loss) from discontinued operations, net of taxes 10 (1) 8 (19)
Net income (loss) before attribution of noncontrolling interests 5,489 322 12,632 1,555
Noncontrolling interests 10 0 43 (6)
Citigroup’s net income 5,479 322 12,589 1,561
Comprehensive income        
Add: Other comprehensive income (loss) (1,966) (1,223) (1,429) 12,236
Total Citigroup comprehensive income (loss) 3,513 (901) 11,160 13,797
Add: Other comprehensive income (loss) attributable to noncontrolling interests 18 39 (40) (12)
Add: Net income (loss) attributable to noncontrolling interests 10 0 43 (6)
Total comprehensive income (loss) 3,541 (862) 11,163 13,779
Consolidating adjustments        
Revenues        
Dividends from subsidiaries (3,700) 0 (3,800) (105)
Interest revenue 0 0 0 0
Interest revenue—intercompany 0 0 0 0
Interest expense 0 0 0 0
Interest expense—intercompany 0 0 0 0
Net interest revenue 0 0 0 0
Commissions and fees 0 0 0 0
Commissions and fees—intercompany 0 0 0 0
Principal transactions 0 0 0 0
Principal transactions—intercompany 0 0 0 0
Other revenue 0 0 0 0
Other revenue—intercompany 0 0 0 0
Total non-interest revenues 0 0 0 0
Total revenues, net of interest expense (3,700) 0 (3,800) (105)
Total provisions for credit losses and for benefits and claims 0 0 0 0
Operating expenses        
Compensation and benefits 0 0 0 0
Compensation and benefits—intercompany 0 0 0 0
Other operating 0 0 0 0
Other operating—intercompany 0 0 0 0
Total operating expenses 0 0 0 0
Equity in undistributed income of subsidiaries (2,567) (1,847) (10,740) (4,229)
Income (loss) from continuing operations before income taxes (6,267) (1,847) (14,540) (4,334)
Provision (benefits) for income taxes 0 0 0 0
Income (loss) from continuing operations (6,267) (1,847) (14,540) (4,334)
Income (loss) from discontinued operations, net of taxes 0 0 0 0
Net income (loss) before attribution of noncontrolling interests (6,267) (1,847) (14,540) (4,334)
Noncontrolling interests 0 0 0 0
Citigroup’s net income (6,267) (1,847) (14,540) (4,334)
Comprehensive income        
Add: Other comprehensive income (loss) 1,959 2,652 1,472 (12,564)
Total Citigroup comprehensive income (loss) (4,308) 805 (13,068) (16,898)
Add: Other comprehensive income (loss) attributable to noncontrolling interests 0 0 0 0
Add: Net income (loss) attributable to noncontrolling interests 0 0 0 0
Total comprehensive income (loss) $ (4,308) $ 805 $ (13,068) $ (16,898)
[1] This total excludes the provision for credit losses on AFS securities, which is disclosed separately above.
[2] See Note 17 to the Consolidated Financial Statements.