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GOODWILL AND INTANGIBLE ASSETS (Tables)
 9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
The changes in Goodwill were as follows:

In millions of dollarsServices
Markets(1)
Banking(1)
USPBWealthAll OtherTotal
Balance at December 31, 2023$2,214 $5,870 $1,039 $5,398 $4,469 $1,108 $20,098 
Foreign currency translation(27)(82)2 23 — 28 (56)
Balance at March 31, 2024$2,187 $5,788 $1,041 $5,421 $4,469 $1,136 $20,042 
Foreign currency translation(57)(62)(18)(92)(1)(108)(338)
Balance at June 30, 2024$2,130 $5,726 $1,023 $5,329 $4,468 $1,028 $19,704 
Foreign currency translation13 136 (10)(63)— (73)3 
Divestitures(2)
— — — — (16)— (16)
Balance at September 30, 2024$2,143 $5,862 $1,013 $5,266 $4,452 $955 $19,691 

(1)    In 2023, goodwill of approximately $537 million was transferred from Banking to Markets related to business realignment. Prior-period amounts have been
revised to conform with the current presentation. See Note 3 to the Consolidated Financial Statements in Citi’s 2023 Form 10-K.
(2)    Goodwill allocated to the global fiduciary and trust administration services business was classified as HFS during the third quarter of 2024.
Components of intangible assets, finite-lived
The components of intangible assets were as follows:

 September 30, 2024December 31, 2023
In millions of dollarsGross
carrying
amount		Accumulated
amortization		Net
carrying
amount		Gross
carrying
amount		Accumulated
amortization		Net
carrying
amount
Purchased credit card relationships(1)
$5,315 $4,472 $843 $5,302 $4,365 $937 
Credit card contract-related intangibles(2)
4,189 1,861 2,328 4,177 1,698 2,479 
Other customer relationships363 306 57 363 290 73 
Present value of future profits32 31 1 37 36 1 
Indefinite-lived intangible assets209 — 209 240 — 240 
Intangible assets (excluding MSRs)$10,108 $6,670 $3,438 $10,119 $6,389 $3,730 
Mortgage servicing rights (MSRs)(3)
683 — 683 691 — 691 
Total intangible assets$10,791 $6,670 $4,121 $10,810 $6,389 $4,421 
The changes in intangible assets were as follows:

In millions of dollars
Net carrying amount at December 31, 2023
Acquisitions/renewals/
divestitures(1)
AmortizationImpairmentsFX translation and other
Net carrying amount at September 30, 2024
Purchased credit card relationships(2)
$937 $13 $(107)$— $— $843 
Credit card contract-related intangibles(3)
2,479 12 (164)— 1 2,328 
Other customer relationships73 — (16)— — 57 
Present value of future profits1 — — — — 1 
Indefinite-lived intangible assets240 — — — (31)209 
Intangible assets (excluding MSRs)$3,730 $25 $(287)$— $(30)$3,438 
Mortgage servicing rights (MSRs)(4)
691 683 
Total intangible assets$4,421 $4,121 

(1)The acquired intangibles during the period relate to a new card partnership with a 10-year term.
(2)Reflects intangibles for the value of purchased cardholder relationships, which are discrete from contract-related intangibles.
(3)Reflects contract-related intangibles associated with Citi’s credit card program agreements with partners.
(4)See Note 21.
Components of intangible assets, indefinite-lived
The components of intangible assets were as follows:

 September 30, 2024December 31, 2023
In millions of dollarsGross
carrying
amount		Accumulated
amortization		Net
carrying
amount		Gross
carrying
amount		Accumulated
amortization		Net
carrying
amount
Purchased credit card relationships(1)
$5,315 $4,472 $843 $5,302 $4,365 $937 
Credit card contract-related intangibles(2)
4,189 1,861 2,328 4,177 1,698 2,479 
Other customer relationships363 306 57 363 290 73 
Present value of future profits32 31 1 37 36 1 
Indefinite-lived intangible assets209 — 209 240 — 240 
Intangible assets (excluding MSRs)$10,108 $6,670 $3,438 $10,119 $6,389 $3,730 
Mortgage servicing rights (MSRs)(3)
683 — 683 691 — 691 
Total intangible assets$10,791 $6,670 $4,121 $10,810 $6,389 $4,421 
The changes in intangible assets were as follows:

In millions of dollars
Net carrying amount at December 31, 2023
Acquisitions/renewals/
divestitures(1)
AmortizationImpairmentsFX translation and other
Net carrying amount at September 30, 2024
Purchased credit card relationships(2)
$937 $13 $(107)$— $— $843 
Credit card contract-related intangibles(3)
2,479 12 (164)— 1 2,328 
Other customer relationships73 — (16)— — 57 
Present value of future profits1 — — — — 1 
Indefinite-lived intangible assets240 — — — (31)209 
Intangible assets (excluding MSRs)$3,730 $25 $(287)$— $(30)$3,438 
Mortgage servicing rights (MSRs)(4)
691 683 
Total intangible assets$4,421 $4,121 

(1)The acquired intangibles during the period relate to a new card partnership with a 10-year term.
(2)Reflects intangibles for the value of purchased cardholder relationships, which are discrete from contract-related intangibles.
(3)Reflects contract-related intangibles associated with Citi’s credit card program agreements with partners.
(4)See Note 21.
Changes in intangible assets
The components of intangible assets were as follows:

 September 30, 2024December 31, 2023
In millions of dollarsGross
carrying
amount		Accumulated
amortization		Net
carrying
amount		Gross
carrying
amount		Accumulated
amortization		Net
carrying
amount
Purchased credit card relationships(1)
$5,315 $4,472 $843 $5,302 $4,365 $937 
Credit card contract-related intangibles(2)
4,189 1,861 2,328 4,177 1,698 2,479 
Other customer relationships363 306 57 363 290 73 
Present value of future profits32 31 1 37 36 1 
Indefinite-lived intangible assets209 — 209 240 — 240 
Intangible assets (excluding MSRs)$10,108 $6,670 $3,438 $10,119 $6,389 $3,730 
Mortgage servicing rights (MSRs)(3)
683 — 683 691 — 691 
Total intangible assets$10,791 $6,670 $4,121 $10,810 $6,389 $4,421 
The changes in intangible assets were as follows:

In millions of dollars
Net carrying amount at December 31, 2023
Acquisitions/renewals/
divestitures(1)
AmortizationImpairmentsFX translation and other
Net carrying amount at September 30, 2024
Purchased credit card relationships(2)
$937 $13 $(107)$— $— $843 
Credit card contract-related intangibles(3)
2,479 12 (164)— 1 2,328 
Other customer relationships73 — (16)— — 57 
Present value of future profits1 — — — — 1 
Indefinite-lived intangible assets240 — — — (31)209 
Intangible assets (excluding MSRs)$3,730 $25 $(287)$— $(30)$3,438 
Mortgage servicing rights (MSRs)(4)
691 683 
Total intangible assets$4,421 $4,121 

(1)The acquired intangibles during the period relate to a new card partnership with a 10-year term.
(2)Reflects intangibles for the value of purchased cardholder relationships, which are discrete from contract-related intangibles.
(3)Reflects contract-related intangibles associated with Citi’s credit card program agreements with partners.
(4)See Note 21.