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PLEDGED ASSETS, RESTRICTED CASH, COLLATERAL, GUARANTEES AND COMMITMENTS (Tables)
 12 Months Ended
Dec. 31, 2024
Pledged Assets, Collateral, Guarantees and Commitments [Abstract]  
Schedule of carrying value of assets pledged The approximate carrying values of the significant components of pledged assets recognized on Citi’s Consolidated Balance Sheet included the following:
In billions of dollarsDecember 31, 2024December 31,
2023
Investment securities$244.2 $229.2 
Loans294.4 292.3 
Trading account assets195.7 199.3 
Total$734.3 $720.8 
Summary of restricted cash
Restricted cash is included on the Consolidated Balance Sheet within the following balance sheet lines:

In millions of dollarsDecember 31,
2024		December 31,
2023
Cash and due from banks$3,325 $3,479 
Deposits with banks, net of allowance16,217 15,538 
Total$19,542 $19,017 
Schedule of guarantor obligations
The following tables present information about Citi’s guarantees:

 Maximum potential amount of future payments 
In billions of dollars at December 31, 2024
Expire within
1 year		Expire after
1 year		Total amount
outstanding
Carrying value
(in millions of dollars)
Financial standby letters of credit$15.5 $63.5 $79.0 $546 
Performance guarantees4.2 5.8 10.0 27 
Derivative instruments considered to be guarantees15.8 27.3 43.1 332 
Loans sold with recourse— 1.0 1.0 — 
Securities lending indemnifications(1)
96.3 — 96.3 — 
Card merchant processing(2)
124.3 — 124.3 — 
Credit card arrangements with partners(3)
0.2 21.5 21.7 2 
Guarantees under the Fixed Income Clearing Corporation sponsored member repo program
139.5 — 139.5 — 
Other(4)
0.1 8.4 8.5 57 
Total$395.9 $127.5 $523.4 $964 

 Maximum potential amount of future payments 
In billions of dollars at December 31, 2023
Expire within
1 year		Expire after
1 year		Total amount
outstanding
Carrying value
(in millions of dollars)
Financial standby letters of credit$17.8 $63.5 $81.3 $674 
Performance guarantees4.8 5.8 10.6 49 
Derivative instruments considered to be guarantees24.2 16.3 40.5 362 
Loans sold with recourse0.6 1.2 1.8 16 
Securities lending indemnifications(1)
104.1 — 104.1 — 
Card merchant processing(2)
138.0 — 138.0 — 
Credit card arrangements with partners(3)
0.2 0.2 0.4 5 
Guarantees under the Fixed Income Clearing Corporation sponsored member repo program
27.7 — 27.7 — 
Other(4)
— 7.7 7.7 50 
Total$317.4 $94.7 $412.1 $1,156 

(1)The carrying values of securities lending indemnifications were not material for either period presented, as the probability of potential liabilities arising from these guarantees is minimal.
(2)At December 31, 2024 and 2023, this maximum potential exposure was estimated to be approximately $124.3 billion and $138 billion, respectively. However, Citi believes that the maximum exposure is not representative of the actual potential loss exposure based on its historical experience. This contingent liability is unlikely to arise, as most products and services are delivered when purchased and amounts are refunded when items are returned to merchants. As such, any losses incurred and the carrying amounts of Citi’s contingent obligations related to merchant processing activities were immaterial. See “Card Merchant Processing” below.
(3)Includes additional guarantees entered into as part of the extension and amendment of the American Airlines co-branded credit card partnership agreement, executed in December 2024. See “Credit Card Arrangements with Partners” below. Citi believes that the maximum exposure is not representative of actual potential loss exposure based on historical and expected future performance of the portfolio.
(4)Includes guarantees of subsidiaries.
Schedule of guarantor obligations by credit ratings
Presented in the tables below are the maximum potential amounts of future payments that are classified based on internal and external credit ratings. The determination of the maximum potential future payments is based on the notional amount of the guarantees without consideration of possible recoveries under recourse provisions or from collateral held or pledged. As such, Citi believes such amounts bear no relationship to the anticipated losses, if any, on these guarantees.
 Maximum potential amount of future payments
In billions of dollars at December 31, 2024Investment
grade		Non-investment
grade		Not
rated		Total
Financial standby letters of credit$63.2 $15.6 $0.2 $79.0 
Loans sold with recourse— — 1.0 1.0 
Other— 8.4 — 8.4 
Total$63.2 $24.0 $1.2 $88.4 

 Maximum potential amount of future payments
In billions of dollars at December 31, 2023Investment
grade		Non-investment
grade		Not
rated		Total
Financial standby letters of credit$70.5 $10.8 $— $81.3 
Loans sold with recourse— — 1.8 1.8 
Other— 7.7 — 7.7 
Total$70.5 $18.5 $1.8 $90.8 
Schedule of credit commitments
The table below summarizes Citigroup’s credit commitments:

In millions of dollarsU.S.
Outside of 
U.S.(1)
December 31,
2024		December 31, 2023
Commercial and similar letters of credit $607 $3,424 $4,031 $5,345 
One- to four-family residential mortgages489 478 967 1,245 
Revolving open-end loans secured by one- to four-family residential properties5,253 18 5,271 5,495 
Commercial real estate, construction and land development12,599 1,508 14,107 15,266 
Credit card lines618,051 58,698 676,749 677,005 
Commercial and other consumer loan commitments209,032 116,297 325,329 312,300 
Other commitments and contingencies(2)
4,846 62 4,908 5,146 
Total$850,877 $180,485 $1,031,362 $1,021,802 

(1)Consumer commitments related to the business HFS countries under sales agreements are reflected in their original categories until the respective sales are completed.
(2)Other commitments and contingencies include commitments to purchase certain debt and equity securities.