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GUARANTEES, LEASES AND COMMITMENTS (Tables)
 6 Months Ended
Jun. 30, 2021
Guarantees, Leases And Commitments [Abstract]  
Schedule of guarantor obligations The following tables present information about Citi’s guarantees at June 30, 2021 and December 31, 2020:
Maximum potential amount of future payments 
In billions of dollars at June 30, 2021Expire within
1 year		Expire after
1 year		Total amount
outstanding
Carrying value
 (in millions of dollars)
Financial standby letters of credit$24.3 $68.2 $92.5 $882 
Performance guarantees6.8 5.9 12.7 48 
Derivative instruments considered to be guarantees16.1 58.5 74.6 304 
Loans sold with recourse— 1.7 1.7 16 
Securities lending indemnifications(1)
134.4 — 134.4 — 
Credit card merchant processing(2)
110.9 — 110.9 4 
Credit card arrangements with partners— 0.8 0.8 7 
Custody indemnifications and other— 24.2 24.2 37 
Total$292.5 $159.3 $451.8 $1,298 
 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(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 

(1)The carrying values of securities lending indemnifications were not material for either period presented, as the probability of potential liabilities arising from these guarantees is minimal.
(2)At June 30, 2021 and December 31, 2020, this maximum potential exposure was estimated to be $111 billion and $102 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 June 30, 2021Investment
grade		Non-investment
grade		Not
rated		Total
Financial standby letters of credit$77.7 $14.7 $0.1 $92.5 
Performance guarantees10.1 2.6 — 12.7 
Derivative instruments deemed to be guarantees— — 74.6 74.6 
Loans sold with recourse— — 1.7 1.7 
Securities lending indemnifications— — 134.4 134.4 
Credit card merchant processing— — 110.9 110.9 
Credit card arrangements with partners— — 0.8 0.8 
Custody indemnifications and other11.6 12.6 — 24.2 
Total$99.4 $29.9 $322.5 $451.8 
 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 
Schedule of credit commitments
The table below summarizes Citigroup’s credit commitments:
In millions of dollarsU.S.Outside of 
U.S.		June 30,
2021		December 31,
2020
Commercial and similar letters of credit $929 $4,840 $5,769 $5,221 
One- to four-family residential mortgages1,823 2,520 4,343 5,002 
Revolving open-end loans secured by one- to four-family residential properties7,687 1,154 8,841 9,626 
Commercial real estate, construction and land development14,959 1,507 16,466 12,867 
Credit card lines605,944 102,007 707,951 710,399 
Commercial and other consumer loan commitments214,023 120,988 335,011 322,458 
Other commitments and contingencies5,278 524 5,802 5,715 
Total$850,643 $233,540 $1,084,183 $1,071,288 
Schedule of restricted cash
Restricted cash is included on the Consolidated Balance Sheet within the following balance sheet lines:

In millions of dollarsJune 30,
2021		December 31,
2020
Cash and due from banks$4,001 $3,774 
Deposits with banks, net of allowance13,750 14,203 
Total$17,751 $17,977