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GUARANTEES, LEASES AND COMMITMENTS (Tables)
 6 Months Ended
Jun. 30, 2022
Guarantees, Leases And Commitments [Abstract]  
Schedule of guarantor obligations The following tables present information about Citi’s guarantees at June 30, 2022 and December 31, 2021:
Maximum potential amount of future payments 
In billions of dollars at June 30, 2022Expire within
1 year		Expire after
1 year		Total amount
outstanding
Carrying value
 (in millions of dollars)
Financial standby letters of credit$35.6 $57.2 $92.8 $784 
Performance guarantees6.3 5.6 11.9 74 
Derivative instruments considered to be guarantees18.1 35.8 53.9 511 
Loans sold with recourse— 1.6 1.6 15 
Securities lending indemnifications(1)
120.5 — 120.5 — 
Credit card merchant processing(2)
125.6 — 125.6 — 
Credit card arrangements with partners0.1 0.6 0.7 7 
Other0.7 12.0 12.7 29 
Total$306.9 $112.8 $419.7 $1,420 
 Maximum potential amount of future payments 
In billions of dollars at December 31, 2021Expire within
1 year		Expire after
1 year		Total amount
outstanding
Carrying value
 (in millions of dollars)
Financial standby letters of credit$34.3 $58.4 $92.7 $791 
Performance guarantees6.6 6.4 13.0 47 
Derivative instruments considered to be guarantees14.6 48.9 63.5 514 
Loans sold with recourse— 1.7 1.7 15 
Securities lending indemnifications(1)
121.9 — 121.9 — 
Credit card merchant processing(2)
119.4 — 119.4 1 
Credit card arrangements with partners— 0.8 0.8 7 
Other2.0 12.0 14.0 34 
Total$298.8 $128.2 $427.0 $1,409 

(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, 2022 and December 31, 2021, this maximum potential exposure was estimated to be $126 billion and $119 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, 2022Investment
grade		Non-investment
grade		Not
rated		Total
Financial standby letters of credit$80.2 $10.8 $1.8 $92.8 
Performance guarantees9.7 2.2 — 11.9 
Derivative instruments deemed to be guarantees— — 53.9 53.9 
Loans sold with recourse— — 1.6 1.6 
Securities lending indemnifications— — 120.5 120.5 
Credit card merchant processing— — 125.6 125.6 
Credit card arrangements with partners— — 0.7 0.7 
Other0.4 12.3 — 12.7 
Total$90.3 $25.3 $304.1 $419.7 
 Maximum potential amount of future payments
In billions of dollars at December 31, 2021Investment
grade		Non-investment
grade		Not
rated		Total
Financial standby letters of credit$81.4 $11.3 $— $92.7 
Performance guarantees10.5 2.5 — 13.0 
Derivative instruments deemed to be guarantees— — 63.5 63.5 
Loans sold with recourse— — 1.7 1.7 
Securities lending indemnifications— — 121.9 121.9 
Credit card merchant processing— — 119.4 119.4 
Credit card arrangements with partners— — 0.8 0.8 
Other— 12.0 2.0 14.0 
Total$91.9 $25.8 $309.3 $427.0 
Schedule of credit commitments
The table below summarizes Citigroup’s credit commitments:

In millions of dollarsU.S.
Outside of 
U.S.(1)
June 30,
2022		December 31,
2021
Commercial and similar letters of credit $732 $5,840 $6,572 $5,910 
One- to four-family residential mortgages2,048 1,692 3,740 4,351 
Revolving open-end loans secured by one- to four-family residential properties6,280 695 6,975 7,913 
Commercial real estate, construction and land development15,402 2,311 17,713 17,843 
Credit card lines608,097 92,859 700,956 700,559 
Commercial and other consumer loan commitments200,543 107,465 308,008 320,556 
Other commitments and contingencies5,228 219 5,447 5,649 
Total$838,330 $211,081 $1,049,411 $1,062,781 

(1)Consumer commitments related to the business HFS countries under sales agreements are reflected in their original categories until the respective sales are completed.
Schedule of restricted cash
Restricted cash is included on the Consolidated Balance Sheet within the following balance sheet lines:

In millions of dollarsJune 30,
2022		December 31,
2021
Cash and due from banks$3,786 $2,786 
Deposits with banks, net of allowance13,603 10,636 
Total$17,389 $13,422