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CONDENSED CONSOLIDATING FINANCIAL STATEMENTS (Tables)
 12 Months Ended
Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Condensed income statement and condensed statement of comprehensive income
Year ended December 31, 2021
In millions of dollarsCitigroup parent companyCGMHIOther Citigroup subsidiaries and eliminationsConsolidating adjustmentsCitigroup consolidated
Revenues
Dividends from subsidiaries$6,482 $— $— $(6,482)$— 
Interest revenue— 3,566 46,909 — 50,475 
Interest revenue—intercompany 3,757 531 (4,288)— — 
Interest expense4,791 778 2,412 — 7,981 
Interest expense—intercompany294 1,320 (1,614)— — 
Net interest income$(1,328)$1,999 $41,823 $— $42,494 
Commissions and fees$— $7,770 $5,902 $— $13,672 
Commissions and fees—intercompany(36)407 (371)— — 
Principal transactions976 10,140 (962)— 10,154 
Principal transactions—intercompany(1,375)(6,721)8,096 — — 
Other revenue(64)576 5,052 — 5,564 
Other revenue—intercompany(133)(60)193 — — 
Total non-interest revenues$(632)$12,112 $17,910 $— $29,390 
Total revenues, net of interest expense$4,522 $14,111 $59,733 $(6,482)$71,884 
Provisions for credit losses and for benefits and claims$— $6 $(3,784)$— $(3,778)
Operating expenses
Compensation and benefits$10 $5,251 $19,873 $— $25,134 
Compensation and benefits—intercompany69 — (69)— — 
Other operating83 2,868 20,108 — 23,059 
Other operating—intercompany11 2,826 (2,837)— — 
Total operating expenses$173 $10,945 $37,075 $— $48,193 
Equity in undistributed income of subsidiaries$16,596 $— $— $(16,596)$— 
Income from continuing operations before income taxes$20,945 $3,160 $26,442 $(23,078)$27,469 
Provision (benefit) for income taxes(1,007)625 5,833 — 5,451 
Income from continuing operations$21,952 $2,535 $20,609 $(23,078)$22,018 
Income (loss) from discontinued operations, net of taxes— — 7 — 7 
Net income before attribution of noncontrolling interests$21,952 $2,535 $20,616 $(23,078)$22,025 
Noncontrolling interests— — 73 — 73 
Net income $21,952 $2,535 $20,543 $(23,078)$21,952 
Comprehensive income
Add: Other comprehensive income (loss) $(6,707)$(76)$(450)$526 $(6,707)
Total Citigroup comprehensive income$15,245 $2,459 $20,093 $(22,552)$15,245 
Add: Other comprehensive income attributable to noncontrolling interests$— $— $(99)$— $(99)
Add: Net income attributable to noncontrolling interests— — 73 — 73 
Total comprehensive income$15,245 $2,459 $20,067 $(22,552)$15,219 
Year ended December 31, 2020
In millions of dollarsCitigroup parent companyCGMHIOther Citigroup subsidiaries and eliminationsConsolidating adjustmentsCitigroup consolidated
Revenues
Dividends from subsidiaries$2,355 $— $— $(2,355)$— 
Interest revenue— 5,364 52,725 — 58,089 
Interest revenue—intercompany4,162 920 (5,082)— — 
Interest expense4,992 1,989 6,357 — 13,338 
Interest expense—intercompany502 2,170 (2,672)— — 
Net interest income$(1,332)$2,125 $43,958 $— $44,751 
Commissions and fees$— $6,216 $5,169 $— $11,385 
Commissions and fees—intercompany(36)290 (254)— — 
Principal transactions(1,254)(4,252)19,391 — 13,885 
Principal transactions—intercompany693 9,064 (9,757)— — 
Other revenue(127)706 4,901 — 5,480 
Other revenue—intercompany111 23 (134)— — 
Total non-interest revenues$(613)$12,047 $19,316 $— $30,750 
Total revenues, net of interest expense$410 $14,172 $63,274 $(2,355)$75,501 
Provisions for credit losses and for benefits and claims$— $(1)$17,496 $— $17,495 
Operating expenses
Compensation and benefits$(5)$4,941 $17,278 $— $22,214 
Compensation and benefits—intercompany191 — (191)— — 
Other operating37 2,393 19,730 — 22,160 
Other operating—intercompany15 2,317 (2,332)— — 
Total operating expenses$238 $9,651 $34,485 $— $44,374 
Equity in undistributed income of subsidiaries$9,894 $— $— $(9,894)$— 
Income from continuing operations before income taxes$10,066 $4,522 $11,293 $(12,249)$13,632 
Provision (benefit) for income taxes(981)1,249 2,257 — 2,525 
Income from continuing operations$11,047 $3,273 $9,036 $(12,249)$11,107 
Income (loss) from discontinued operations, net of taxes— — (20)— (20)
Net income (loss) before attribution of noncontrolling interests$11,047 $3,273 $9,016 $(12,249)$11,087 
Noncontrolling interests— — 40 — 40 
Net income $11,047 $3,273 $8,976 $(12,249)$11,047 
Comprehensive income
Add: Other comprehensive income (loss) $4,260 $(223)$4,244 $(4,021)$4,260 
Total Citigroup comprehensive income$15,307 $3,050 $13,220 $(16,270)$15,307 
Add: Other comprehensive income attributable to noncontrolling interests$— $— $26 $— $26 
Add: Net income attributable to noncontrolling interests— — 40 — 40 
Total comprehensive income$15,307 $3,050 $13,286 $(16,270)$15,373 
Year ended December 31, 2019
In millions of dollarsCitigroup parent companyCGMHIOther Citigroup subsidiaries and eliminationsConsolidating adjustmentsCitigroup consolidated
Revenues
Dividends from subsidiaries$23,347 $— $— $(23,347)$— 
Interest revenue— 10,661 65,849 — 76,510 
Interest revenue—intercompany5,091 1,942 (7,033)— — 
Interest expense4,949 7,010 16,423 — 28,382 
Interest expense—intercompany1,038 4,243 (5,281)— — 
Net interest income$(896)$1,350 $47,674 $— $48,128 
Commissions and fees$— $5,265 $6,481 $— $11,746 
Commissions and fees—intercompany(21)354 (333)— — 
Principal transactions(2,537)277 11,152 — 8,892 
Principal transactions—intercompany1,252 2,464 (3,716)— — 
Other revenue767 832 4,702 — 6,301 
Other revenue—intercompany(55)102 (47)— — 
Total non-interest revenues$(594)$9,294 $18,239 $— $26,939 
Total revenues, net of interest expense$21,857 $10,644 $65,913 $(23,347)$75,067 
Provisions for credit losses and for benefits and claims$— $— $8,383 $— $8,383 
Operating expenses
Compensation and benefits$32 $4,680 $16,721 $— $21,433 
Compensation and benefits—intercompany134 — (134)— — 
Other operating(16)2,326 19,040 — 21,350 
Other operating—intercompany20 2,410 (2,430)— — 
Total operating expenses$170 $9,416 $33,197 $— $42,783 
Equity in undistributed income of subsidiaries$(3,620)$— $— $3,620 $— 
Income from continuing operations before income taxes$18,067 $1,228 $24,333 $(19,727)$23,901 
Provision (benefit) for income taxes(1,334)176 5,588 — 4,430 
Income from continuing operations$19,401 $1,052 $18,745 $(19,727)$19,471 
Income (loss) from discontinued operations, net of taxes— — (4)— (4)
Net income before attribution of noncontrolling interests$19,401 $1,052 $18,741 $(19,727)$19,467 
Noncontrolling interests— — 66 — 66 
Net income $19,401 $1,052 $18,675 $(19,727)$19,401 
Comprehensive income
Add: Other comprehensive income (loss) $852 $(651)$1,600 $(949)$852 
Total Citigroup comprehensive income$20,253 $401 $20,275 $(20,676)$20,253 
Add: Other comprehensive income attributable to noncontrolling interests$— $— $— $— $— 
Add: Net income attributable to noncontrolling interests— — 66 — 66 
Total comprehensive income$20,253 $401 $20,341 $(20,676)$20,319 
Condensed balance sheet
December 31, 2021
In millions of dollarsCitigroup parent companyCGMHIOther Citigroup subsidiaries and eliminationsConsolidating adjustmentsCitigroup consolidated
Assets
Cash and due from banks$— $834 $26,681 $— $27,515 
Cash and due from banks—intercompany17 6,890 (6,907)— — 
Deposits with banks, net of allowance— 7,936 226,582 — 234,518 
Deposits with banks—intercompany3,500 11,005 (14,505)— — 
Securities borrowed and purchased under resale agreements— 269,608 57,680 — 327,288 
Securities borrowed and purchased under resale agreements—intercompany— 23,362 (23,362)— — 
Trading account assets248 189,841 141,856 — 331,945 
Trading account assets—intercompany1,215 1,438 (2,653)— — 
Investments, net of allowance1 224 512,597 — 512,822 
Loans, net of unearned income— 2,293 665,474 — 667,767 
Loans, net of unearned income—intercompany— — — — — 
Allowance for credit losses on loans (ACLL)— — (16,455)— (16,455)
Total loans, net$— $2,293 $649,019 $— $651,312 
Advances to subsidiaries$142,144 $— $(142,144)$— $— 
Investments in subsidiaries223,303 — — (223,303)— 
Other assets, net of allowance(1)
10,589 69,312 126,112 — 206,013 
Other assets—intercompany2,737 60,567 (63,304)— — 
Total assets$383,754 $643,310 $1,487,652 $(223,303)$2,291,413 
Liabilities and equity
Deposits $— $— $1,317,230 $— $1,317,230 
Deposits—intercompany— — — — — 
Securities loaned and sold under repurchase agreements— 171,818 19,467 — 191,285 
Securities loaned and sold under repurchase agreements—intercompany— 62,197 (62,197)— — 
Trading account liabilities17 122,383 39,129 — 161,529 
Trading account liabilities—intercompany777 500 (1,277)— — 
Short-term borrowings— 13,425 14,548 — 27,973 
Short-term borrowings—intercompany— 17,230 (17,230)— — 
Long-term debt164,945 61,416 28,013 — 254,374 
Long-term debt—intercompany— 76,335 (76,335)— — 
Advances from subsidiaries 13,469 — (13,469)— — 
Other liabilities, including allowance2,574 68,206 65,570 — 136,350 
Other liabilities—intercompany— 11,774 (11,774)— — 
Stockholders’ equity201,972 38,026 185,977 (223,303)202,672 
Total liabilities and equity$383,754 $643,310 $1,487,652 $(223,303)$2,291,413 

(1)Other assets for Citigroup parent company at December 31, 2021 included $30.5 billion of placements to Citibank and its branches, of which $19.5 billion had a remaining term of less than 30 days.
December 31, 2020
In millions of dollarsCitigroup parent companyCGMHIOther Citigroup subsidiaries and eliminationsConsolidating adjustmentsCitigroup consolidated
Assets
Cash and due from banks$— $628 $25,721 $— $26,349 
Cash and due from banks—intercompany16 6,081 (6,097)— — 
Deposits with banks, net of allowance— 5,224 278,042 — 283,266 
Deposits with banks—intercompany4,500 8,179 (12,679)— — 
Securities borrowed and purchased under resale agreements— 238,718 55,994 — 294,712 
Securities borrowed and purchased under resale agreements—intercompany— 24,309 (24,309)— — 
Trading account assets307 222,278 152,494 — 375,079 
Trading account assets—intercompany(1)
723 2,340 (3,063)— — 
Investments, net of allowance1 374 446,984 — 447,359 
Loans, net of unearned income— 2,524 673,359 — 675,883 
Loans, net of unearned income—intercompany— — — — — 
Allowance for credit losses on loans (ACLL)— — (24,956)— (24,956)
Total loans, net$— $2,524 $648,403 $— $650,927 
Advances to subsidiaries$152,383 $— $(152,383)$— $— 
Investments in subsidiaries213,267 — — (213,267)— 
Other assets, net of allowance(2)
12,156 60,273 109,969 — 182,398 
Other assets—intercompany2,781 51,489 (54,270)— — 
Total assets$386,134 $622,417 $1,464,806 $(213,267)$2,260,090 
Liabilities and equity
Deposits $— $— $1,280,671 $— $1,280,671 
Deposits—intercompany— — — — — 
Securities loaned and sold under repurchase agreements— 184,786 14,739 — 199,525 
Securities loaned and sold under repurchase agreements—intercompany— 76,590 (76,590)— — 
Trading account liabilities— 113,100 54,927 — 168,027 
Trading account liabilities—intercompany(1)
397 1,531 (1,928)— — 
Short-term borrowings— 12,323 17,191 — 29,514 
Short-term borrowings—intercompany— 12,757 (12,757)— — 
Long-term debt170,563 47,732 53,391 — 271,686 
Long-term debt—intercompany— 67,322 (67,322)— — 
Advances from subsidiaries 12,975 — (12,975)— — 
Other liabilities, including allowance2,692 55,217 52,558 — 110,467 
Other liabilities—intercompany65 15,378 (15,443)— — 
Stockholders’ equity199,442 35,681 178,344 (213,267)200,200 
Total liabilities and equity$386,134 $622,417 $1,464,806 $(213,267)$2,260,090 

(1)The balances of Trading account assets—intercompany and Trading account liabilities—intercompany within CGMHI and within Other Citigroup subsidiaries and eliminations have been revised to reflect the netting of $7 billion of intercompany derivative and related collateral assets and liabilities subject to enforceable netting agreements. Because the adjustment was limited to transactions between affiliated entities, it had no impact to Citigroup consolidated.
(2)Other assets for Citigroup parent company at December 31, 2020 included $29.5 billion of placements to Citibank and its branches, of which $24.3 billion had a remaining term of less than 30 days.
Condensed cash flow statement
Year ended December 31, 2021
In millions of dollarsCitigroup parent companyCGMHIOther Citigroup subsidiaries and eliminationsConsolidating adjustmentsCitigroup consolidated
Net cash provided by operating activities of continuing operations$3,947 $43,227 $14,075 $— $61,249 
Cash flows from investing activities of continuing operations
Purchases of investments$— $— $(359,158)$— $(359,158)
Proceeds from sales of investments— — 126,728 — 126,728 
Proceeds from maturities of investments— — 142,100 — 142,100 
Change in loans— — (1,173)— (1,173)
Proceeds from sales and securitizations of loans— — 2,918 — 2,918 
Change in securities borrowed and purchased under agreements to resell— (29,944)(2,632)— (32,576)
Changes in investments and advances—intercompany8,260 (9,040)780 — — 
Other investing activities
— (2)(3,742)— (3,744)
Net cash provided by (used in) investing activities of continuing operations$8,260 $(38,986)$(94,179)$— $(124,905)
Cash flows from financing activities of continuing operations
Dividends paid$(5,198)$(196)$196 $— $(5,198)
Issuance of preferred stock3,300 — — — 3,300 
Redemption of preferred stock
(3,785)— — — (3,785)
Treasury stock acquired(7,601)— — — (7,601)
Proceeds (repayments) from issuance of long-term debt, net(86)15,071 (19,277)— (4,292)
Proceeds (repayments) from issuance of long-term debt—intercompany, net— 14,410 (14,410)— — 
Change in deposits— — 44,966 — 44,966 
Change in securities loaned and sold under agreements to repurchase— (27,241)19,001 — (8,240)
Change in short-term borrowings— 1,102 (2,643)— (1,541)
Net change in short-term borrowings and other advances—intercompany501 (917)416 — — 
Capital contributions from (to) parent— 71 (71)— — 
Other financing activities(337)12 (12)— (337)
Net cash provided by (used in ) financing activities of continuing operations$(13,206)$2,312 $28,166 $— $17,272 
Effect of exchange rate changes on cash and due from banks$— $— $(1,198)$— $(1,198)
Change in cash and due from banks and deposits with banks$(999)$6,553 $(53,136)$— $(47,582)
Cash and due from banks and deposits with banks at
beginning of year		4,516 20,112 284,987 — 309,615 
Cash and due from banks and deposits with banks at end of year$3,517 $26,665 $231,851 $— $262,033 
Cash and due from banks (including segregated cash and other deposits)$17 $7,724 $19,774 $— $27,515 
Deposits with banks, net of allowance3,500 18,941 212,077 — 234,518 
Cash and due from banks and deposits with banks at end of year$3,517 $26,665 $231,851 $— $262,033 
Supplemental disclosure of cash flow information for continuing operations
Cash paid (received) during the year for income taxes$(2,406)$919 $5,515 $— $4,028 
Cash paid during the year for interest
3,101 2,210 1,832 — 7,143 
Non-cash investing activities
Decrease in net loans associated with significant disposals reclassified to HFS$— $— $9,945 $— $9,945 
Transfers to loans HFS (Other assets) from loans
— — 7,414 — 7,414 
Non-cash financing activities
Decrease in long-term debt associated with significant disposals reclassified to HFS$— $— $479 $— $479 
Decrease in deposits associated with significant disposals reclassified to HFS— — 8,407 — 8,407 
Year ended December 31, 2020
In millions of dollarsCitigroup parent companyCGMHIOther Citigroup subsidiaries and eliminationsConsolidating adjustmentsCitigroup consolidated
Net cash provided by (used in) operating activities of continuing operations$5,002 $(26,195)$572 $— $(20,621)
Cash flows from investing activities of continuing operations
Purchases of investments$— $— $(334,900)$— $(334,900)
Proceeds from sales of investments— — 146,285 — 146,285 
Proceeds from maturities of investments— — 124,229 — 124,229 
Change in loans— — 14,249 — 14,249 
Proceeds from sales and securitizations of loans— — 1,495 — 1,495 
Change in securities borrowed and purchased under agreements to resell— (46,044)2,654 — (43,390)
Changes in investments and advances—intercompany(5,584)(6,917)12,501 — — 
Other investing activities
— (54)(3,226)— (3,280)
Net cash used in investing activities of continuing operations$(5,584)$(53,015)$(36,713)$— $(95,312)
Cash flows from financing activities of continuing operations
Dividends paid$(5,352)$(172)$172 $— $(5,352)
Issuance of preferred stock2,995 — — — 2,995 
Redemption of preferred stock
(1,500)— — — (1,500)
Treasury stock acquired(2,925)— — — (2,925)
Proceeds from issuance of long-term debt, net16,798 6,349 (10,091)— 13,056 
Proceeds (repayments) from issuance of long-term debt—intercompany, net— 3,960 (3,960)— — 
Change in deposits— — 210,081 — 210,081 
Change in securities loaned and sold under agreements to repurchase— 79,322 (46,136)— 33,186 
Change in short-term borrowings— 1,228 (16,763)— (15,535)
Net change in short-term borrowings and other advances—intercompany(7,528)(7,806)15,334 — — 
Other financing activities(411)— — — (411)
Net cash provided by financing activities of continuing operations$2,077 $82,881 $148,637 $— $233,595 
Effect of exchange rate changes on cash and due from banks$— $— $(1,966)$— $(1,966)
Change in cash and due from banks and deposits with banks$1,495 $3,671 $110,530 $— $115,696 
Cash and due from banks and deposits with banks at
beginning of year		3,021 16,441 174,457 — 193,919 
Cash and due from banks and deposits with banks at end of year$4,516 $20,112 $284,987 $— $309,615 
Cash and due from banks (including segregated cash and other deposits)$16 $6,709 $19,624 $— $26,349 
Deposits with banks, net of allowance4,500 13,403 265,363 — 283,266 
Cash and due from banks and deposits with banks at end of year$4,516 $20,112 $284,987 $— $309,615 
Supplemental disclosure of cash flow information for continuing operations 
Cash paid (received) during the year for income taxes$(1,883)$1,138 $5,542 $— $4,797 
Cash paid during the year for interest2,681 4,516 4,897 — 12,094 
Non-cash investing activities
Transfers to loans HFS (Other assets) from loans
$— $— $2,614 $— $2,614 
Year ended December 31, 2019
In millions of dollarsCitigroup parent companyCGMHIOther Citigroup subsidiaries and eliminationsConsolidating adjustmentsCitigroup consolidated
Net cash provided by (used in) operating activities of continuing operations$25,011 $(35,396)$(2,452)$— $(12,837)
Cash flows from investing activities of continuing operations
Purchases of investments$— $— $(274,491)$— $(274,491)
Proceeds from sales of investments5 — 137,168 — 137,173 
Proceeds from maturities of investments— — 119,051 — 119,051 
Change in loans— — (22,466)— (22,466)
Proceeds from sales and securitizations of loans— — 2,878 — 2,878 
Change in securities borrowed and purchased under agreements to resell— 15,811 3,551 — 19,362 
Changes in investments and advances—intercompany(1,847)(870)2,717 — — 
Other investing activities
— (64)(4,817)— (4,881)
Net cash provided by (used in) investing activities of continuing operations$(1,842)$14,877 $(36,409)$— $(23,374)
Cash flows from financing activities of continuing operations
Dividends paid$(5,447)$— $— $— $(5,447)
Issuance of preferred stock
1,496 — — — 1,496 
Redemption of preferred stock
(1,980)— — — (1,980)
Treasury stock acquired(17,571)— — — (17,571)
Proceeds (repayments) from issuance of long-term debt, net1,666 10,389 (3,950)— 8,105 
Proceeds (repayments) from issuance of long-term debt—intercompany, net— (7,177)7,177 — — 
Change in deposits— — 57,420 — 57,420 
Change in securities loaned and sold under agreements to repurchase— 5,115 (16,544)— (11,429)
Change in short-term borrowings— 7,440 5,263 — 12,703 
Net change in short-term borrowings and other advances—intercompany(968)5,843 (4,875)— — 
Capital contributions from (to) parent— (74)74 — — 
Other financing activities(364)(253)253 — (364)
Net cash provided by (used in) financing activities of continuing operations$(23,168)$21,283 $44,818 $— $42,933 
Effect of exchange rate changes on cash and due from banks$— $— $(908)$— $(908)
Change in cash and due from banks and deposits with banks$1 $764 $5,049 $— $5,814 
Cash and due from banks and deposits with banks at
beginning of year		3,020 15,677 169,408 — 188,105 
Cash and due from banks and deposits with banks at end of year$3,021 $16,441 $174,457 $— $193,919 
Cash and due from banks (including segregated cash and other deposits)$21 $5,681 $18,265 $— $23,967 
Deposits with banks, net of allowance3,000 10,760 156,192 — 169,952 
Cash and due from banks and deposits with banks at end of year$3,021 $16,441 $174,457 $— $193,919 
Supplemental disclosure of cash flow information for continuing operations 
Cash paid (received) during the year for income taxes$(393)$418 $4,863 $— $4,888 
Cash paid during the year for interest3,820 12,664 11,417 — 27,901 
Non-cash investing activities
Transfers to loans HFS (Other assets) from loans
$— $— $5,500 $— $5,500