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CONDENSED CONSOLIDATING FINANCIAL STATEMENTS (Tables)
 9 Months Ended
Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Condensed Consolidating Statements of Income and Comprehensive Income
Condensed Consolidating Statements of Income and Comprehensive Income
Three Months Ended September 30, 2022
In millions of dollarsCitigroup parent companyCGMHIOther Citigroup subsidiaries and eliminationsConsolidating adjustmentsCitigroup consolidated
Revenues
Dividends from subsidiaries$3,742 $— $— $(3,742)$— 
Interest revenue— 2,973 16,946 — 19,919 
Interest revenue—intercompany1,190 689 (1,879)— — 
Interest expense1,324 1,740 4,292 — 7,356 
Interest expense—intercompany198 1,316 (1,514)— — 
Net interest income$(332)$606 $12,289 $— $12,563 
Commissions and fees$— $1,078 $1,061 $— $2,139 
Commissions and fees—intercompany— (31)31 — — 
Principal transactions1,584 1,319 (278)— 2,625 
Principal transactions—intercompany(1,887)(809)2,696 — — 
Other revenue137 122 922 — 1,181 
Other revenue—intercompany(122)(15)137 — — 
Total non-interest revenues$(288)$1,664 $4,569 $— $5,945 
Total revenues, net of interest expense$3,122 $2,270 $16,858 $(3,742)$18,508 
Provisions for credit losses and for benefits and claims$— $6 $1,359 $— $1,365 
Operating expenses
Compensation and benefits$6 $1,427 $5,312 $— $6,745 
Compensation and benefits—intercompany1 — (1)— — 
Other operating28 772 5,204 — 6,004 
Other operating—intercompany4 643 (647)— — 
Total operating expenses$39 $2,842 $9,868 $— $12,749 
Equity in undistributed income of subsidiaries$40 $— $— $(40)$— 
Income (loss) from continuing operations before income taxes$3,123 $(578)$5,631 $(3,782)$4,394 
Provision (benefit) for income taxes(356)(5)1,240 — 879 
Income (loss) from continuing operations$3,479 $(573)$4,391 $(3,782)$3,515 
Income (loss) from discontinued operations, net of taxes— — (6)— (6)
Net income before attribution of noncontrolling interests$3,479 $(573)$4,385 $(3,782)$3,509 
Noncontrolling interests— — 30 — 30 
Net income (loss)$3,479 $(573)$4,355 $(3,782)$3,479 
Comprehensive income
Add: Other comprehensive income (loss)$(2,803)$(109)$2,559 $(2,450)$(2,803)
Total Citigroup comprehensive income (loss)$676 $(682)$6,914 $(6,232)$676 
Add: Other comprehensive income attributable to noncontrolling interests$— $— $(44)$— $(44)
Add: Net income attributable to noncontrolling interests— — 30 — 30 
Total comprehensive income (loss)$676 $(682)$6,900 $(6,232)$662 
Condensed Consolidating Statements of Income and Comprehensive Income
Nine Months Ended September 30, 2022
In millions of dollarsCitigroup parent companyCGMHIOther Citigroup subsidiaries and eliminationsConsolidating adjustmentsCitigroup consolidated
Revenues
Dividends from subsidiaries$5,792 $— $— $(5,792)$— 
Interest revenue— 5,328 43,372 — 48,700 
Interest revenue—intercompany3,124 1,121 (4,245)— — 
Interest expense3,801 2,636 6,865 — 13,302 
Interest expense—intercompany438 2,352 (2,790)— — 
Net interest income$(1,115)$1,461 $35,052 $— $35,398 
Commissions and fees$— $3,667 $3,492 $— $7,159 
Commissions and fees—intercompany(1)95 (94)— — 
Principal transactions5,478 11,129 (4,867)— 11,740 
Principal transactions—intercompany(5,846)(8,246)14,092 — — 
Other revenue524 386 2,125 — 3,035 
Other revenue—intercompany(303)(50)353 — — 
Total non-interest revenues$(148)$6,981 $15,101 $— $21,934 
Total revenues, net of interest expense$4,529 $8,442 $50,153 $(5,792)$57,332 
Provisions for credit losses and for benefits and claims$— $7 $3,387 $— $3,394 
Operating expenses
Compensation and benefits$4 $4,262 $15,771 $— $20,037 
Compensation and benefits—intercompany12 — (12)— — 
Other operating40 2,318 15,912 — 18,270 
Other operating—intercompany11 2,015 (2,026)— — 
Total operating expenses$67 $8,595 $29,645 $— $38,307 
Equity in undistributed income of subsidiaries$6,806 $— $— $(6,806)$— 
Income (loss) from continuing operations before income taxes$11,268 $(160)$17,121 $(12,598)$15,631 
Provision (benefit) for income taxes(1,064)(120)4,186 — 3,002 
Income (loss) from continuing operations$12,332 $(40)$12,935 $(12,598)$12,629 
Income (loss) from discontinued operations, net of taxes— — (229)— (229)
Net income before attribution of noncontrolling interests$12,332 $(40)$12,706 $(12,598)$12,400 
Noncontrolling interests— — 68 — 68 
Net income (loss)$12,332 $(40)$12,638 $(12,598)$12,332 
Comprehensive income
Add: Other comprehensive income (loss)$(9,533)$987 $(2,710)$1,723 $(9,533)
Total Citigroup comprehensive income (loss)$2,799 $947 $9,928 $(10,875)$2,799 
Add: Other comprehensive income attributable to noncontrolling interests$— $— $(126)$— $(126)
Add: Net income attributable to noncontrolling interests— — 68 — 68 
Total comprehensive income (loss)$2,799 $947 $9,870 $(10,875)$2,741 
Condensed Consolidating Statements of Income and Comprehensive Income
Three Months Ended September 30, 2021
In millions of dollarsCitigroup parent companyCGMHIOther Citigroup subsidiaries and eliminationsConsolidating adjustmentsCitigroup consolidated
Revenues
Dividends from subsidiaries$2,592 $— $— $(2,592)$— 
Interest revenue— 844 11,806 — 12,650 
Interest revenue—intercompany935 129 (1,064)— — 
Interest expense1,190 201 568 — 1,959 
Interest expense—intercompany56 323 (379)— — 
Net interest income$(311)$449 $10,553 $— $10,691 
Commissions and fees$— $1,893 $1,506 $— $3,399 
Commissions and fees—intercompany— 85 (85)— — 
Principal transactions130 (1,468)3,571 — 2,233 
Principal transactions—intercompany(305)2,220 (1,915)— — 
Other revenue(138)159 1,103 — 1,124 
Other revenue—intercompany(44)(13)57 — — 
Total non-interest revenues$(357)$2,876 $4,237 $— $6,756 
Total revenues, net of interest expense$1,924 $3,325 $14,790 $(2,592)$17,447 
Provisions for credit losses and for benefits and claims$(2)$2 $(192)$— $(192)
Operating expenses
Compensation and benefits$3 $1,347 $4,708 $— $6,058 
Compensation and benefits—intercompany21 — (21)— — 
Other operating35 728 4,956 — 5,719 
Other operating—intercompany2 781 (783)— — 
Total operating expenses$61 $2,856 $8,860 $— $11,777 
Equity in undistributed income of subsidiaries$2,530 $— $— $(2,530)$— 
Income (loss) from continuing operations before income
taxes		$4,395 $467 $6,122 $(5,122)$5,862 
Provision (benefit) for income taxes(249)183 1,259 — 1,193 
Income (loss) from continuing operations$4,644 $284 $4,863 $(5,122)$4,669 
Income (loss) from discontinued operations, net of taxes— — (1)— (1)
Net income (loss) before attribution of noncontrolling interests$4,644 $284 $4,862 $(5,122)$4,668 
Noncontrolling interests— — 24 — 24 
Net income (loss) $4,644 $284 $4,838 $(5,122)$4,644 
Comprehensive income
Add: Other comprehensive income (loss) $(1,731)$(195)$2,007 $(1,812)$(1,731)
Total Citigroup comprehensive income (loss)$2,913 $89 $6,845 $(6,934)$2,913 
Add: Other comprehensive income attributable to noncontrolling interests$— $— $(31)$— $(31)
Add: Net income attributable to noncontrolling interests— — 24 — 24 
Total comprehensive income (loss)$2,913 $89 $6,838 $(6,934)$2,906 
Condensed Consolidating Statements of Income and Comprehensive Income
Nine Months Ended September 30, 2021
In millions of dollarsCitigroup parent companyCGMHIOther Citigroup subsidiaries and eliminationsConsolidating adjustmentsCitigroup consolidated
Revenues
Dividends from subsidiaries$6,392 $— $— $(6,392)$— 
Interest revenue— 2,829 34,818 — 37,647 
Interest revenue—intercompany2,847 410 (3,257)— — 
Interest expense3,611 645 1,716 — 5,972 
Interest expense—intercompany234 982 (1,216)— — 
Net interest income$(998)$1,612 $31,061 $— $31,675 
Commissions and fees$— $5,890 $4,553 $— $10,443 
Commissions and fees—intercompany(27)220 (193)— — 
Principal transactions1,007 5,109 2,334 — 8,450 
Principal transactions—intercompany(1,273)(2,128)3,401 — — 
Other revenue(87)401 3,985 — 4,299 
Other revenue—intercompany(105)(41)146 — — 
Total non-interest revenues$(485)$9,451 $14,226 $— $23,192 
Total revenues, net of interest expense$4,909 $11,063 $45,287 $(6,392)$54,867 
Provisions for credit losses and for benefits and claims$— $9 $(3,322)$— $(3,313)
Operating expenses
Compensation and benefits$31 $3,984 $14,026 $— $18,041 
Compensation and benefits—intercompany69 — (69)— — 
Other operating60 2,050 14,510 — 16,620 
Other operating—intercompany8 2,269 (2,277)— — 
Total operating expenses$168 $8,303 $26,190 $— $34,661 
Equity in undistributed income of subsidiaries$13,270 $— $— $(13,270)$— 
Income (loss) from continuing operations before income
taxes		$18,011 $2,751 $22,419 $(19,662)$23,519 
Provision (benefit) for income taxes(768)516 4,932 — 4,680 
Income (loss) from continuing operations$18,779 $2,235 $17,487 $(19,662)$18,839 
Income (loss) from discontinued operations, net of taxes— — 7 — 7 
Net income (loss) before attribution of noncontrolling interests$18,779 $2,235 $17,494 $(19,662)$18,846 
Noncontrolling interests— — 67 — 67 
Net income (loss)$18,779 $2,235 $17,427 $(19,662)$18,779 
Comprehensive income
Add: Other comprehensive income (loss)$(4,793)$(238)$578 $(340)$(4,793)
Total Citigroup comprehensive income (loss)$13,986 $1,997 $18,005 $(20,002)$13,986 
Add: Other comprehensive income attributable to noncontrolling interests$— $— $(71)$— $(71)
Add: Net income attributable to noncontrolling interests— — 67 — 67 
Total comprehensive income (loss)$13,986 $1,997 $18,001 $(20,002)$13,982 
Condensed Consolidating Balance Sheet
Condensed Consolidating Balance Sheet
September 30, 2022
In millions of dollarsCitigroup parent companyCGMHIOther Citigroup subsidiaries and eliminationsConsolidating adjustmentsCitigroup consolidated
Assets
Cash and due from banks$— $1,405 $25,097 $— $26,502 
Cash and due from banks—intercompany25 5,903 (5,928)— — 
Deposits with banks, net of allowance— 8,582 264,523 — 273,105 
Deposits with banks—intercompany3,000 11,110 (14,110)— — 
Securities borrowed and purchased under resale agreements— 284,357 64,857 — 349,214 
Securities borrowed and purchased under resale agreements—intercompany— 20,830 (20,830)— — 
Trading account assets150 203,977 154,133 — 358,260 
Trading account assets—intercompany155 3,188 (3,343)— — 
Investments, net of allowance1 230 507,785 — 508,016 
Loans, net of unearned income— 1,633 644,327 — 645,960 
Loans, net of unearned income—intercompany— — — — — 
Allowance for credit losses on loans (ACLL)— — (16,309)— (16,309)
Total loans, net$— $1,633 $628,018 $— $629,651 
Advances to subsidiaries$138,514 $— $(138,514)$— $— 
Investments in subsidiaries219,162 — — (219,162)— 
Other assets, net of allowance(1)
10,066 90,233 136,017 — 236,316 
Other assets—intercompany3,647 84,026 (87,673)— — 
Total assets$374,720 $715,474 $1,510,032 $(219,162)$2,381,064 
Liabilities and equity
Deposits $— $— $1,306,486 $— $1,306,486 
Deposits—intercompany— — — — — 
Securities loaned and sold under repurchase agreements— 183,473 19,956 — 203,429 
Securities loaned and sold under repurchase agreements—intercompany— 65,458 (65,458)— — 
Trading account liabilities44 116,473 79,962 — 196,479 
Trading account liabilities—intercompany660 3,475 (4,135)— — 
Short-term borrowings— 20,483 26,885 — 47,368 
Short-term borrowings—intercompany— 25,335 (25,335)— — 
Long-term debt159,251 75,887 17,930 — 253,068 
Long-term debt—intercompany— 81,276 (81,276)— — 
Advances from subsidiaries 13,714 — (13,714)— — 
Other liabilities2,405 92,435 80,277 — 175,117 
Other liabilities—intercompany86 12,092 (12,178)— — 
Stockholders’ equity198,560 39,087 180,632 (219,162)199,117 
Total liabilities and equity$374,720 $715,474 $1,510,032 $(219,162)$2,381,064 

(1)Other assets for Citigroup parent company at September 30, 2022 included $35.8 billion of placements to Citibank and its branches, of which $26.0 billion had a remaining term of less than 30 days.
Condensed Consolidating Balance Sheet
December 31, 2021
In millions of dollarsCitigroup parent companyCGMHIOther Citigroup subsidiaries and eliminationsConsolidating adjustmentsCitigroup consolidated
Assets
Cash and due from banks$— $834 $26,681 $— $27,515 
Cash and due from banks—intercompany17 6,890 (6,907)— — 
Deposits with banks, net of allowance— 7,936 226,582 — 234,518 
Deposits with banks—intercompany3,500 11,005 (14,505)— — 
Securities borrowed and purchased under resale agreements— 269,608 57,680 — 327,288 
Securities borrowed and purchased under resale agreements—intercompany— 23,362 (23,362)— — 
Trading account assets248 189,841 141,856 — 331,945 
Trading account assets—intercompany1,215 1,438 (2,653)— — 
Investments, net of allowance1 224 512,597 — 512,822 
Loans, net of unearned income— 2,293 665,474 — 667,767 
Loans, net of unearned income—intercompany— — — — — 
Allowance for credit losses on loans (ACLL)— — (16,455)— (16,455)
Total loans, net$— $2,293 $649,019 $— $651,312 
Advances to subsidiaries$142,144 $— $(142,144)$— $— 
Investments in subsidiaries223,303 — — (223,303)— 
Other assets, net of allowance(1)
10,589 69,312 126,112 — 206,013 
Other assets—intercompany2,737 60,567 (63,304)— — 
Total assets$383,754 $643,310 $1,487,652 $(223,303)$2,291,413 
Liabilities and equity
Deposits $— $— $1,317,230 $— $1,317,230 
Deposits—intercompany— — — — — 
Securities loaned and sold under repurchase agreements— 171,818 19,467 — 191,285 
Securities loaned and sold under repurchase agreements—intercompany— 62,197 (62,197)— — 
Trading account liabilities17 122,383 39,129 — 161,529 
Trading account liabilities—intercompany777 500 (1,277)— — 
Short-term borrowings— 13,425 14,548 — 27,973 
Short-term borrowings—intercompany— 17,230 (17,230)— — 
Long-term debt164,945 61,416 28,013 — 254,374 
Long-term debt—intercompany— 76,335 (76,335)— — 
Advances from subsidiaries 13,469 — (13,469)— — 
Other liabilities2,574 68,206 65,570 — 136,350 
Other liabilities—intercompany— 11,774 (11,774)— — 
Stockholders’ equity201,972 38,026 185,977 (223,303)202,672 
Total liabilities and equity$383,754 $643,310 $1,487,652 $(223,303)$2,291,413 
(1)Other assets for Citigroup parent company at December 31, 2021 included $30.5 billion of placements to Citibank and its branches, of which $19.5 billion had a remaining term of less than 30 days.
Condensed Consolidating Statement of Cash Flows
Condensed Consolidating Statement of Cash Flows
Nine Months Ended September 30, 2022
In millions of dollarsCitigroup parent companyCGMHIOther Citigroup subsidiaries and eliminationsConsolidating adjustmentsCitigroup consolidated
Net cash provided by (used in) operating activities of continuing operations$(3,688)$(29,719)$29,237 $— $(4,170)
Cash flows from investing activities of continuing operations
Change in securities borrowed and purchased under agreements to resell$— $(11,947)$(9,979)$— $(21,926)
Change in loans— — (5,788)— (5,788)
Proceeds from sales and securitizations of loans— — 3,077 — 3,077 
Proceeds from divestitures— — 3,242 3,242 
Available-for-sale debt securities:
Purchases of investments— — (177,306)— (177,306)
Proceeds from sales of investments— — 86,454 — 86,454 
Proceeds from maturities of investments— — 118,951 — 118,951 
Held-to-maturity debt securities:
Purchases of investments— — (39,288)— (39,288)
Proceeds from maturities of investments— — 9,913 — 9,913 
Changes in investments and advances—intercompany(1,070)(23,189)24,259 — — 
Other investing activities
— (45)(4,106)— (4,151)
Net cash provided by (used in) investing activities of continuing operations$(1,070)$(35,181)$9,429 $— $(26,822)
Cash flows from financing activities of continuing operations
Dividends paid$(3,777)$(271)$271 $— $(3,777)
Treasury stock acquired(3,250)— — — (3,250)
Proceeds (repayments) from issuance of long-term debt, net11,386 30,094 (3,032)— 38,448 
Proceeds (repayments) from issuance of long-term debt—intercompany, net— 12,847 (12,847)— — 
Change in deposits— 8,947 — 8,947 
Change in securities loaned and sold under agreements to repurchase— 14,916 (2,772)— 12,144 
Change in short-term borrowings— 7,058 12,337 — 19,395 
Net change in short-term borrowings and other advances—intercompany246 207 (453)— — 
Capital contributions from (to) parent— 380 (380)— — 
Other financing activities(339)4 (4)— (339)
Net cash provided by financing activities of continuing operations$4,266 $65,235 $2,067 $— $71,568 
Effect of exchange rate changes on cash and due from banks$— $— $(3,002)$— $(3,002)
Change in cash and due from banks and deposits with banks$(492)$335 $37,731 $— $37,574 
Cash and due from banks and deposits with banks at beginning of period3,517 26,665 231,851 — 262,033 
Cash and due from banks and deposits with banks at end of period$3,025 $27,000 $269,582 $— $299,607 
Cash and due from banks$25 $7,308 $19,169 $— $26,502 
Deposits with banks, net of allowance3,000 19,692 250,413 — 273,105 
Cash and due from banks and deposits with banks at end of period$3,025 $27,000 $269,582 $— $299,607 
Supplemental disclosure of cash flow information for continuing operations
Cash paid (received) during the period for income taxes$(1,030)$228 $3,486 $— $2,684 
Cash paid during the period for interest
1,308 4,785 6,464 — 12,557 
Non-cash investing activities
Transfer of investment securities from AFS to HTM$— $— $21,688 $— $21,688 
Decrease in net loans associated with divestitures reclassified to HFS— — 16,956 — 16,956 
Decrease in goodwill associated with divestitures reclassified to HFS— — 876 — 876 
Transfers to loans HFS (Other assets) from loans
— — 4,037 — 4,037 
Non-cash financing activities
Decrease in deposits associated with divestitures reclassified to HFS$— $— $19,691 $— $19,691 
Condensed Consolidating Statement of Cash Flows

Nine Months Ended September 30, 2021
In millions of dollarsCitigroup parent companyCGMHIOther Citigroup subsidiaries and eliminationsConsolidating adjustmentsCitigroup consolidated
Net cash provided by (used in) operating activities of continuing operations$3,604 $30,413 $25,168 $— $59,185 
Cash flows from investing activities of continuing operations
Change in securities borrowed and purchased under agreements to resell$— $(40,065)$(2,919)$— $(42,984)
Change in loans— — 6,613 — 6,613 
Proceeds from sales and securitizations of loans— — 1,134 — 1,134 
Available-for-sale debt securities:
Purchases of investments— — (164,613)— (164,613)
Proceeds from sales of investments— — 96,022 — 96,022 
Proceeds from maturities of investments— — 90,415 — 90,415 
Held-to-maturity debt securities:
Purchases of investments— — (112,883)— (112,883)
Proceeds from maturities of investments— — 16,946 — 16,946 
Changes in investments and advances—intercompany3,374 (9,743)6,369 — — 
Other investing activities— (42)(2,677)— (2,719)
Net cash provided by (used in) investing activities of continuing operations$3,374 $(49,850)$(65,593)$— $(112,069)
Cash flows from financing activities of continuing operations
Dividends paid$(3,959)$(195)$195 $— $(3,959)
Issuance of preferred stock2,300 — — — 2,300 
Redemption of preferred stock(3,785)— — — (3,785)
Treasury stock acquired(7,448)— — — (7,448)
Proceeds (repayments) from issuance of long-term debt, net4,660 11,336 (18,507)— (2,511)
Proceeds (repayments) from issuance of long-term debt—intercompany, net— 9,084 (9,084)— — 
Change in deposits— — 73,769 — 73,769 
Change in securities loaned and sold under agreements to repurchase— (2,397)12,056 — 9,659 
Change in short-term borrowings— 2,224 (2,055)— 169 
Net change in short-term borrowings and other advances—intercompany1,074 1,253 (2,327)— — 
Capital contributions from (to) parent— (19)19 — — 
Other financing activities(328)— — — (328)
Net cash provided by (used in) financing activities of continuing operations$(7,486)$21,286 $54,066 $— $67,866 
Effect of exchange rate changes on cash and due from banks$— $— $(789)$— $(789)
Change in cash and due from banks and deposits with banks$(508)$1,849 $12,852 $— $14,193 
Cash and due from banks and deposits with banks at beginning of period4,516 20,112 284,987 — 309,615 
Cash and due from banks and deposits with banks at end of period$4,008 $21,961 $297,839 $— $323,808 
Cash and due from banks$8 $6,998 $21,900 $— $28,906 
Deposits with banks, net of allowance4,000 14,963 275,939 — 294,902 
Cash and due from banks and deposits with banks at end of period$4,008 $21,961 $297,839 $— $323,808 
Supplemental disclosure of cash flow information for continuing operations
Cash paid (received) during the period for income taxes$(1,757)$809 $4,011 $— $3,063 
Cash paid during the period for interest2,307 1,687 1,989 — 5,983 
Non-cash investing activities
Decrease in net loans associated with divestitures reclassified to HFS$— $— $8,291 $— $8,291 
Transfers to loans HFS from loans— — 5,329 — 5,329 
Non-cash financing activities
Decrease in deposits associated with divestitures reclassified to HFS$— $— $6,912 $— $6,912 
Decrease in long-term debt associated with divestitures reclassified to HFS— — 521 — 521