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GOODWILL AND INTANGIBLE ASSETS (Tables)
 9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
The changes in Goodwill were as follows:

In millions of dollarsInstitutional Clients GroupPersonal Banking and Wealth ManagementLegacy FranchisesTotal
Balance at December 31, 2021$9,215 $9,717 $2,367 $21,299 
Impairment(1)
— — (535)(535)
Divestitures(2)
— — (873)(873)
Foreign currency translation(44)18 — (26)
Balance at March 31, 2022$9,171 $9,735 $959 $19,865 
Foreign currency translation(223)(20)(25)(268)
Balance at June 30, 2022$8,948 $9,715 $934 $19,597 
Foreign currency translation(272)— 1 (271)
Balance at September 30, 2022$8,676 $9,715 $935 $19,326 

(1)Goodwill impairment of $535 million (approximately $489 million after-tax) was incurred in the Asia Consumer reporting unit of Legacy Franchises in the first quarter of 2022, due to the re-segmentation and change of reporting units as well as the sequence of the signing of sale agreements.
(2)Primarily relates to Citi’s agreements to sell its consumer banking businesses in Malaysia, Thailand, Indonesia, Vietnam, Taiwan, India and Bahrain within Asia Consumer, during the first quarter of 2022 and reclassified as HFS as of March 31, 2022. See Note 2.
Components of intangible assets, finite-lived
The components of intangible assets were as follows:

 September 30, 2022December 31, 2021
In millions of dollarsGross
carrying
amount		Accumulated
amortization		Net
carrying
amount		Gross
carrying
amount		Accumulated
amortization		Net
carrying
amount
Purchased credit card relationships$5,513 $4,391 $1,122 $5,579 $4,348 $1,231 
Credit card contract-related intangibles(1)
3,902 1,479 2,423 3,912 1,372 2,540 
Core deposit intangibles35 35 — 39 39 — 
Other customer relationships345 256 89 429 305 124 
Present value of future profits32 30 2 31 29 2 
Indefinite-lived intangible assets186 — 186 183 — 183 
Other27 11 16 37 26 11 
Intangible assets (excluding MSRs)$10,040 $6,202 $3,838 $10,210 $6,119 $4,091 
Mortgage servicing rights (MSRs)(2)
647 — 647 404 — 404 
Total intangible assets$10,687 $6,202 $4,485 $10,614 $6,119 $4,495 

(1)Primarily reflects contract-related intangibles associated with the American Airlines, The Home Depot, Costco and AT&T credit card program agreements, which represented 97% of the aggregate net carrying amount as of both September 30, 2022 and December 31, 2021.
(2)See Note 18 for additional information on Citi’s MSRs.
The changes in intangible assets were as follows:

In millions of dollarsNet carrying amount at December 31, 2021Acquisitions/renewals/
divestitures 		AmortizationImpairmentsFX translation and otherNet carrying amount at September 30, 2022
Purchased credit card relationships(1)
$1,231 $3 $(105)$— $(7)$1,122 
Credit card contract-related intangibles(2)
2,540 — (116)— (1)2,423 
Core deposit intangibles— — — — — — 
Other customer relationships124 10 (18)— (27)89 
Present value of future profits2 — — — — 2 
Indefinite-lived intangible assets183 — — — 3 186 
Other11 33 (25)— (3)16 
Intangible assets (excluding MSRs)$4,091 $46 $(264)$— $(35)$3,838 
Mortgage servicing rights (MSRs)(3)
404 647 
Total intangible assets$4,495 $4,485 

(1)Reflects intangibles for the value of cardholder relationships, which are discrete from partner contract-related intangibles, and includes credit card accounts primarily in the Costco, Macy’s and Sears portfolios.
(2)Primarily reflects contract-related intangibles associated with the American Airlines, The Home Depot, Costco and AT&T credit card program agreements, which represented 97% of the aggregate net carrying amount as of both September 30, 2022 and December 31, 2021.
(3)See Note 18 for additional information on Citi’s MSRs, including the rollforward for the three and nine months ended September 30, 2022.
Components of intangible assets, indefinite-lived
The components of intangible assets were as follows:

 September 30, 2022December 31, 2021
In millions of dollarsGross
carrying
amount		Accumulated
amortization		Net
carrying
amount		Gross
carrying
amount		Accumulated
amortization		Net
carrying
amount
Purchased credit card relationships$5,513 $4,391 $1,122 $5,579 $4,348 $1,231 
Credit card contract-related intangibles(1)
3,902 1,479 2,423 3,912 1,372 2,540 
Core deposit intangibles35 35 — 39 39 — 
Other customer relationships345 256 89 429 305 124 
Present value of future profits32 30 2 31 29 2 
Indefinite-lived intangible assets186 — 186 183 — 183 
Other27 11 16 37 26 11 
Intangible assets (excluding MSRs)$10,040 $6,202 $3,838 $10,210 $6,119 $4,091 
Mortgage servicing rights (MSRs)(2)
647 — 647 404 — 404 
Total intangible assets$10,687 $6,202 $4,485 $10,614 $6,119 $4,495 

(1)Primarily reflects contract-related intangibles associated with the American Airlines, The Home Depot, Costco and AT&T credit card program agreements, which represented 97% of the aggregate net carrying amount as of both September 30, 2022 and December 31, 2021.
(2)See Note 18 for additional information on Citi’s MSRs.
The changes in intangible assets were as follows:

In millions of dollarsNet carrying amount at December 31, 2021Acquisitions/renewals/
divestitures 		AmortizationImpairmentsFX translation and otherNet carrying amount at September 30, 2022
Purchased credit card relationships(1)
$1,231 $3 $(105)$— $(7)$1,122 
Credit card contract-related intangibles(2)
2,540 — (116)— (1)2,423 
Core deposit intangibles— — — — — — 
Other customer relationships124 10 (18)— (27)89 
Present value of future profits2 — — — — 2 
Indefinite-lived intangible assets183 — — — 3 186 
Other11 33 (25)— (3)16 
Intangible assets (excluding MSRs)$4,091 $46 $(264)$— $(35)$3,838 
Mortgage servicing rights (MSRs)(3)
404 647 
Total intangible assets$4,495 $4,485 

(1)Reflects intangibles for the value of cardholder relationships, which are discrete from partner contract-related intangibles, and includes credit card accounts primarily in the Costco, Macy’s and Sears portfolios.
(2)Primarily reflects contract-related intangibles associated with the American Airlines, The Home Depot, Costco and AT&T credit card program agreements, which represented 97% of the aggregate net carrying amount as of both September 30, 2022 and December 31, 2021.
(3)See Note 18 for additional information on Citi’s MSRs, including the rollforward for the three and nine months ended September 30, 2022.
Changes in intangible assets
The components of intangible assets were as follows:

 September 30, 2022December 31, 2021
In millions of dollarsGross
carrying
amount		Accumulated
amortization		Net
carrying
amount		Gross
carrying
amount		Accumulated
amortization		Net
carrying
amount
Purchased credit card relationships$5,513 $4,391 $1,122 $5,579 $4,348 $1,231 
Credit card contract-related intangibles(1)
3,902 1,479 2,423 3,912 1,372 2,540 
Core deposit intangibles35 35 — 39 39 — 
Other customer relationships345 256 89 429 305 124 
Present value of future profits32 30 2 31 29 2 
Indefinite-lived intangible assets186 — 186 183 — 183 
Other27 11 16 37 26 11 
Intangible assets (excluding MSRs)$10,040 $6,202 $3,838 $10,210 $6,119 $4,091 
Mortgage servicing rights (MSRs)(2)
647 — 647 404 — 404 
Total intangible assets$10,687 $6,202 $4,485 $10,614 $6,119 $4,495 

(1)Primarily reflects contract-related intangibles associated with the American Airlines, The Home Depot, Costco and AT&T credit card program agreements, which represented 97% of the aggregate net carrying amount as of both September 30, 2022 and December 31, 2021.
(2)See Note 18 for additional information on Citi’s MSRs.
The changes in intangible assets were as follows:

In millions of dollarsNet carrying amount at December 31, 2021Acquisitions/renewals/
divestitures 		AmortizationImpairmentsFX translation and otherNet carrying amount at September 30, 2022
Purchased credit card relationships(1)
$1,231 $3 $(105)$— $(7)$1,122 
Credit card contract-related intangibles(2)
2,540 — (116)— (1)2,423 
Core deposit intangibles— — — — — — 
Other customer relationships124 10 (18)— (27)89 
Present value of future profits2 — — — — 2 
Indefinite-lived intangible assets183 — — — 3 186 
Other11 33 (25)— (3)16 
Intangible assets (excluding MSRs)$4,091 $46 $(264)$— $(35)$3,838 
Mortgage servicing rights (MSRs)(3)
404 647 
Total intangible assets$4,495 $4,485 

(1)Reflects intangibles for the value of cardholder relationships, which are discrete from partner contract-related intangibles, and includes credit card accounts primarily in the Costco, Macy’s and Sears portfolios.
(2)Primarily reflects contract-related intangibles associated with the American Airlines, The Home Depot, Costco and AT&T credit card program agreements, which represented 97% of the aggregate net carrying amount as of both September 30, 2022 and December 31, 2021.
(3)See Note 18 for additional information on Citi’s MSRs, including the rollforward for the three and nine months ended September 30, 2022.