SUBSIDIARY GURANTEES (Tables)

12 Months Ended

Dec. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Condensed Income Statement

SUMMARIZED INCOME STATEMENT

	2023
In millions of dollars	Citigroup parent company		CGMHI
Total revenues, net of interest expense	$	14,079	$	10,615
Total operating expenses	202		11,593
Provision for credit losses	—		53
Equity in undistributed income of subsidiaries	(5,572)		—
Income (loss) from continuing operations before income taxes	$	8,305	$	(1,031)
Provision (benefit) for income taxes	(923)		57
Net income	$	9,228	$	(1,088)

Condensed consolidating balance sheet

SUMMARIZED BALANCE SHEET

	December 31, 2023				December 31, 2022
In millions of dollars	Citigroup parent company		CGMHI		Citigroup parent company		CGMHI
Cash and deposits with banks	$	3,011	$	23,756	$	3,015	$	27,122
Securities borrowed and purchased under resale agreements	—		283,174		—		306,273
Trading account assets	461		273,379		306		209,957
Advances to subsidiaries	150,845		—		146,843		—
Investments in subsidiary bank holding company	172,125		—		172,721		—
Investments in non-bank subsidiaries	46,870		—		48,295		—
Other assets	14,202		167,609		13,788		163,819
Total assets	$	387,514	$	747,918	$	384,968	$	707,171
Securities loaned and sold under agreements to repurchase	$	—	$	309,862	$	—	$	245,916
Trading account liabilities	300		111,233		604		115,929
Short-term borrowings	—		20,481		—		43,850
Long-term debt	162,309		184,083		166,257		172,068
Advances from subsidiaries	16,724		—		14,562		—
Other liabilities	2,728		85,079		2,356		90,570
Stockholders’ equity	205,453		37,180		201,189		38,838
Total liabilities and equity	$	387,514	$	747,918	$	384,968	$	707,171

Condensed Balance Sheet                                     Parent Company Only

	December 31,
In millions of dollars	2023		2022
Assets
Cash and due from banks	$	—	$	—
Cash and due from banks—intercompany	11		15
Deposits with banks—intercompany	3,000		3,000
Trading account assets	113		130
Trading account assets—intercompany	348		176
Investments, net of allowance	1		1
Advances to subsidiaries	$	150,845	$	146,843
Investments in subsidiary bank holding company	172,125		172,721
Investments in non-bank subsidiaries	46,870		48,295
Other assets, net of allowance(1)	10,031		10,441
Other assets—intercompany	4,170		3,346
Total assets	$	387,514	$	384,968
Liabilities and equity
Trading account liabilities	$	34	$	23
Trading account liabilities—intercompany	266		581
Long-term debt	162,309		166,257
Advances from subsidiary bank holding company	8,677		6,629
Advances from non-bank subsidiaries	8,047		7,933
Other liabilities	2,560		2,321
Other liabilities—intercompany	168		35
Stockholders’ equity	205,453		201,189
Total liabilities and equity	$	387,514	$	384,968

(1)Citigroup parent company at December 31, 2023 and 2022 included $56.9 billion and $40.2 billion, respectively, of placements to Citibank and its branches, of which $33.8 billion and $29.2 billion, respectively, had a remaining term of less than 30 days.