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CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities of continuing operations    
Net income before attribution of noncontrolling interests $ 8,891 $ 14,178
Net income attributable to noncontrolling interests 38 43
Citigroup’s net income 8,853 14,135
(Loss) gain from discontinued operations, net of taxes (223) 8
Income from continuing operations—excluding noncontrolling interests 9,076 14,127
Adjustments to reconcile net income to net cash provided by (used in) operating activities of continuing operations    
Depreciation and amortization 2,089 1,944
Provisions for credit losses on loans and unfunded lending commitments 1,959 (3,187)
Goodwill impairment 535 0
Realized gains from sales of investments (22) (538)
Impairment losses on investments and other assets 186 82
Change in trading account assets (8,974) 4,098
Change in trading account liabilities 18,924 6,679
Change in brokerage receivables net of brokerage payables 8,898 (7,400)
Change in loans HFS 4,504 (3,214)
Change in other assets (3,450) (2,260)
Change in other liabilities (2,117) 3,300
Other, net (34,877) 9,932
Total adjustments (12,345) 9,436
Net cash provided by (used in) operating activities of continuing operations (3,269) 23,563
Cash flows from investing activities of continuing operations    
Change in securities borrowed and purchased under agreements to resell (34,046) (14,335)
Change in loans (14,790) (3,088)
Proceeds from divestitures [1] 1,940 0
Proceeds from sales and securitizations of loans 1,562 869
Available-for-sale debt securities    
Purchases of investments [2] (123,528) (114,240)
Proceeds from sales of investments [2] 79,952 66,135
Proceeds from maturities of investments [2] 76,871 62,904
Held-to-maturity debt securities    
Purchases of investments [2] (34,317) (87,049)
Proceeds from maturities of investments [2] 5,821 12,291
Capital expenditures on premises and equipment and capitalized software (2,465) (1,771)
Proceeds from sales of premises and equipment, subsidiaries and affiliates and repossessed assets 31 28
Other, net (332) 145
Net cash used in investing activities of continuing operations (43,301) (78,111)
Cash flows from financing activities of continuing operations    
Dividends paid (2,514) (2,663)
Issuance of preferred stock 0 2,300
Redemption of preferred stock 0 (3,785)
Treasury stock acquired (3,200) (4,381)
Stock tendered for payment of withholding taxes (334) (324)
Change in securities loaned and sold under agreements to repurchase 7,187 22,292
Issuance of long-term debt 60,304 41,511
Payments and redemptions of long-term debt (28,439) (41,894)
Change in deposits 25,360 29,610
Change in short-term borrowings 12,081 1,948
Net cash provided by financing activities of continuing operations 70,445 44,614
Effect of exchange rate changes on cash and due from banks (1,878) (443)
Change in cash, due from banks and deposits with banks 21,997 (10,377)
Cash, due from banks and deposits with banks at beginning of period 262,033 309,615
Cash, due from banks and deposits with banks at end of period 284,030 299,238
Cash and due from banks (including segregated cash and other deposits) 24,902 27,117
Deposits with banks, net of allowance 259,128 272,121
Cash, due from banks and deposits with banks at end of period 284,030 299,238
Supplemental disclosure of cash flow information for continuing operations    
Cash paid during the period for income taxes 1,661 2,176
Cash paid during the period for interest 6,284 3,926
Non-cash investing and financing activities    
Transfer of investment securities from AFS to HTM [1],[3] 21,522 0
Decrease in net loans associated with divestitures reclassified to HFS [1],[3] 17,758 0
Decrease in goodwill associated with divestitures reclassified to HFS [1],[3] 873 0
Transfers to loans HFS (Other assets) from loans [1],[3] 1,874 961
Decrease in deposits associated with divestitures reclassified to HFS [1] $ 20,741 $ 0
[1] See Note 2 for further information on significant disposals.
[2] Citi has revised the Consolidated Statement of Cash Flows to present purchases of investments, sales of investments and proceeds from maturities of investments separately between available-for-sale debt securities and held-to-maturity debt securities. Citi had no sales of held-to-maturity debt securities during the periods presented.
[3] Operating and finance lease right-of-use assets and lease liabilities represent non-cash investing and financing activities, respectively, and are not included in the non-cash investing activities presented here. See Note 22 for more information and balances as of June 30, 2022.