XML 29 R6.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Citigroup stockholders' equity
Preferred stock at aggregate liquidation value
Total Citigroup common stockholders’ equity
Common stock and additional paid-in capital (APIC)
Retained earnings
Retained earnings
Cumulative Effect, Period of Adoption, Adjustment
[1]
Retained earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Treasury stock, at cost
Citigroup's accumulated other comprehensive income (loss)
Citigroup's accumulated other comprehensive income (loss)
Cumulative Effect, Period of Adoption, Adjustment
[2]
Citigroup's accumulated other comprehensive income (loss)
Cumulative Effect, Period of Adoption, Adjusted Balance
Noncontrolling interests
Balance, beginning of period at Dec. 31, 2022     $ 18,995   $ 108,489 $ 194,734 $ 290 $ 195,024 $ (73,967) $ (47,062) $ 27 $ (47,035) $ 649
Increase (Decrease) in Stockholders' Equity                          
Issuance of new preferred stock     1,250                    
Redemption of preferred stock     0                    
Employee benefit plans         126       720 [3]        
Other         (5) 0             8
Net income before attribution of noncontrolling interests $ 7,602         7,521             81
Common dividends [4]           (2,004)              
Preferred dividends (565)         (565)              
Treasury stock acquired [5]                 (1,000)        
Transactions between Citigroup and the noncontrolling-interest shareholders                         1
Distributions paid to noncontrolling-interest shareholders                         (82)
Citigroup’s total other comprehensive income                   1,170     46
Net change in noncontrolling interests                         54
Balance, end of period at Jun. 30, 2023 209,422 $ 208,719 20,245 $ 188,474 108,610 199,976     (74,247) (45,865)     703
Balance, beginning of period at Mar. 31, 2023     20,245   108,400 198,353   198,353 (73,262) (45,441)   (45,441) 724
Increase (Decrease) in Stockholders' Equity                          
Issuance of new preferred stock     0                    
Redemption of preferred stock     0                    
Employee benefit plans         210       15 [3]        
Other         0 0             (1)
Net income before attribution of noncontrolling interests 2,951         2,915             36
Common dividends [4]           (1,004)              
Preferred dividends (288)         (288)              
Treasury stock acquired [5]                 (1,000)        
Transactions between Citigroup and the noncontrolling-interest shareholders                         1
Distributions paid to noncontrolling-interest shareholders                         (71)
Citigroup’s total other comprehensive income                   (424)     14
Net change in noncontrolling interests                         (21)
Balance, end of period at Jun. 30, 2023 209,422 208,719 20,245 188,474 108,610 199,976     (74,247) (45,865)     703
Balance, beginning of period at Dec. 31, 2023 206,251   17,600   108,986 198,905   198,905 (75,238) (44,800)   (44,800) 798
Increase (Decrease) in Stockholders' Equity                          
Issuance of new preferred stock     2,300                    
Redemption of preferred stock     (1,800)                    
Employee benefit plans         (137)       896 [3]        
Other         (33) (5)             0
Net income before attribution of noncontrolling interests 6,670         6,588             82
Common dividends [4]           (2,054)              
Preferred dividends (521)         (521)              
Treasury stock acquired [5]                 (500)        
Transactions between Citigroup and the noncontrolling-interest shareholders                         (9)
Distributions paid to noncontrolling-interest shareholders                         (4)
Citigroup’s total other comprehensive income                   (1,877)     (33)
Net change in noncontrolling interests                         36
Balance, end of period at Jun. 30, 2024 209,144 208,310 18,100 190,210 108,816 202,913     (74,842) (46,677)     834
Balance, beginning of period at Mar. 31, 2024     17,600   108,623 200,956   $ 200,956 (74,865) (45,729)   $ (45,729) 813
Increase (Decrease) in Stockholders' Equity                          
Issuance of new preferred stock     1,750                    
Redemption of preferred stock     (1,250)                    
Employee benefit plans         235       23 [3]        
Other         (42) 6             (1)
Net income before attribution of noncontrolling interests 3,263         3,217             46
Common dividends [4]           (1,024)              
Preferred dividends (242)         (242)              
Treasury stock acquired [5]                 0        
Transactions between Citigroup and the noncontrolling-interest shareholders                         0
Distributions paid to noncontrolling-interest shareholders                         (4)
Citigroup’s total other comprehensive income                   (948)     (20)
Net change in noncontrolling interests                         21
Balance, end of period at Jun. 30, 2024 $ 209,144 $ 208,310 $ 18,100 $ 190,210 $ 108,816 $ 202,913     $ (74,842) $ (46,677)     $ 834
[1] See “Accounting Changes” in Note 1 to the Consolidated Financial Statements in Citi’s 2023 Form 10-K.
[2] See Note 1 to the Consolidated Financial Statements in Citi’s 2023 Form 10-K.
[3] Includes treasury stock related to certain activity under Citi’s employee restricted or deferred stock programs where shares are withheld to satisfy employees’ tax requirements.
[4] Common dividends declared were $0.53 per share for both 1Q24 and 2Q24, and $0.51 per share for both 1Q23 and 2Q23.
[5] Primarily consists of open market purchases under Citi’s Board of Directors–approved common stock repurchase program.