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OPERATING SEGMENTS (Tables)
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Information regarding the Company's operations by segment These results are used by the CODM, both in evaluating the performance of, and in allocating resources to, each of the segments:
Three Months Ended March 31,
In millions of dollars, except identifiable assets, average loans
and average deposits in billions
ServicesMarketsBankingUSPB
20242023202420232024202320242023
Net interest income$3,317 $3,126 $1,713 $1,562 $574 $500 $5,226 $4,854 
Non-interest revenue1,449 1,268 3,665 4,228 1,140 651 (48)(143)
Total revenues, net of interest expense$4,766 $4,394 $5,378 $5,790 $1,714 $1,151 $5,178 $4,711 
Provisions for credit losses and for benefits and claims$64 $(14)$200 $83 $(129)$(123)$2,204 $1,649 
Provision (benefits) for income taxes517 690 388 676 120 (19)108 131 
Income (loss) from continuing operations1,519 1,309 1,410 1,869 539 57 347 402 
Identifiable assets (March 31, 2024 and December 31, 2023)
$577 $586 $1,037 $1,007 $152 $149 $237 $242 
Average loans82 79 120 111 89 95 204 184 
Average deposits808 830 24 23 1 100 111 
Wealth
All Other(1)
Reconciling Items(1)
Total Citi
20242023202420232024202320242023
Net interest income$979 $1,121 $1,698 $2,185 $ $— $13,507 $13,348 
Non-interest revenue716 645 687 432 (12)1,018 7,597 8,099 
Total revenues, net of interest expense$1,695 $1,766 $2,385 $2,617 $(12)$1,018 $21,104 $21,447 
Provisions for credit losses and for benefits and claims$(170)$(58)$185 $446 $11 $(8)$2,365 $1,975 
Provision (benefits) for income taxes47 39 (5)(291)(39)305 1,136 1,531 
Income (loss) from continuing operations150 159 (463)208 (94)648 3,408 4,652 
Identifiable assets (March 31, 2024 and December 31, 2023)
$230 $232 $200 $196 $2,433 $2,412 
Average loans150 150 34 35 679 654 
Average deposits319 323 74 75 1,326 1,363 

(1)    Segment results are presented on a managed basis that excludes divestiture-related impacts related to (i) Citi’s divestitures of its Asia consumer banking businesses and (ii) the planned IPO of Mexico consumer banking and small business and middle-market banking within All Other—Legacy Franchises. Adjustments are included in Legacy Franchises within All Other and are reflected in the reconciliations above to arrive at Citi’s reported results in the Consolidated Statement of Income.
The following table presents a reconciliation of total Citigroup income from continuing operations as reported:

Three Months Ended March 31,
In millions of dollars
2024(1)
2023(2)
Total segments and All Other—income from continuing operations(3)
$3,502 $4,004 
Divestiture-related impact on:
Total revenues, net of interest expense(12)1,018 
Total operating expenses110 73 
Provision (release) for credit losses11 (8)
Provision (benefits) for income taxes(39)305 
Income from continuing operations$3,408 $4,652 

(1)    The three months ended March 31, 2024 includes approximately $110 million in operating expenses (approximately $77 million after-tax), primarily related to separation costs in Mexico and severance costs in the Asia exit markets. 
(2)    The three months ended March 31, 2023 includes an approximate $1.059 billion gain on sale recorded in revenue (approximately $727 million after various taxes) related to Citi’s sale of the India consumer banking business. For additional information, see Citi’s Quarterly Report on Form 10-Q for the period ended March 31, 2023.
(3)    Segment results are presented on a managed basis that excludes divestiture-related impacts related to (i) Citi’s divestitures of its Asia consumer banking businesses and (ii) the planned IPO of Mexico consumer banking and small business and middle-market banking within All Other—Legacy Franchises. Adjustments are included in Legacy Franchises within All Other and are reflected in the reconciliations above to arrive at Citi’s reported results in the Consolidated Statement of Income.