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GUARANTEES AND COMMITMENTS (Tables)
 9 Months Ended
Sep. 30, 2022
Guarantees, Leases And Commitments [Abstract]  
Schedule of guarantor obligations The following tables present information about Citi’s guarantees at September 30, 2022 and December 31, 2021:
Maximum potential amount of future payments 
In billions of dollars at September 30, 2022Expire within
1 year		Expire after
1 year		Total amount
outstanding
Carrying value
 (in millions of dollars)
Financial standby letters of credit$34.2 $56.0 $90.2 $864 
Performance guarantees6.2 5.3 11.5 66 
Derivative instruments considered to be guarantees21.6 40.7 62.3 475 
Loans sold with recourse— 1.7 1.7 15 
Securities lending indemnifications(1)
108.8 — 108.8 — 
Credit card merchant processing(2)
129.8 — 129.8 1 
Credit card arrangements with partners— 0.6 0.6 7 
Other0.4 10.5 10.9 33 
Total$301.0 $114.8 $415.8 $1,461 
 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 September 30, 2022 and December 31, 2021, this maximum potential exposure was estimated to be approximately $130 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 September 30, 2022Investment
grade		Non-investment
grade		Not
rated		Total
Financial standby letters of credit$80.4 $9.8 $— $90.2 
Performance guarantees9.4 2.1 — 11.5 
Derivative instruments deemed to be guarantees— — 62.3 62.3 
Loans sold with recourse— — 1.7 1.7 
Securities lending indemnifications— — 108.8 108.8 
Credit card merchant processing— — 129.8 129.8 
Credit card arrangements with partners— — 0.6 0.6 
Other0.2 10.7 — 10.9 
Total$90.0 $22.6 $303.2 $415.8 
 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)
September 30,
2022		December 31,
2021
Commercial and similar letters of credit $1,028 $4,827 $5,855 $5,910 
One- to four-family residential mortgages1,159 1,636 2,795 4,351 
Revolving open-end loans secured by one- to four-family residential properties6,156 653 6,809 7,913 
Commercial real estate, construction and land development13,785 2,150 15,935 17,843 
Credit card lines608,930 85,756 694,686 700,559 
Commercial and other consumer loan commitments182,268 104,229 286,497 320,556 
Other commitments and contingencies5,214 148 5,362 5,649 
Total$818,540 $199,399 $1,017,939 $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 dollarsSeptember 30,
2022		December 31,
2021
Cash and due from banks$5,216 $2,786 
Deposits with banks, net of allowance10,950 10,636 
Total$16,166 $13,422