BROKERAGE RECEIVABLES AND BROKERAGE PAYABLES

6 Months Ended

Jun. 30, 2022

Broker-Dealer [Abstract]

BROKERAGE RECEIVABLES AND BROKERAGE PAYABLES

BROKERAGE RECEIVABLES AND BROKERAGE PAYABLES

The Company has receivables and payables for financial instruments sold to and purchased from brokers, dealers and customers, which arise in the ordinary course of business.

For additional information on these receivables and payables, see Note 12 to the Consolidated Financial Statements in Citi’s 2021 Form 10-K.

Brokerage receivables and Brokerage payables consisted of the following:

In millions of dollars	June 30, 2022		December 31, 2021
Receivables from customers	$	25,531	$	26,403
Receivables from brokers, dealers and clearing organizations	54,955		27,937
Total brokerage receivables(1)	$	80,486	$	54,340
Payables to customers	$	75,299	$	52,158
Payables to brokers, dealers and clearing organizations	21,175		9,272
Total brokerage payables(1)	$	96,474	$	61,430

(1)     Includes brokerage receivables and payables recorded by Citi broker-dealer entities that are accounted for in accordance with the AICPA Accounting Guide for Brokers and Dealers in Securities as codified in ASC 940-320.