SUBSIDIARY GURANTEES (Tables)

12 Months Ended

Dec. 31, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Condensed Income Statement

SUMMARIZED INCOME STATEMENT

	2024
In millions of dollars	Citigroup parent company		CGMHI
Total revenues, net of interest expense	$	2,890	$	11,461
Total operating expenses	274		11,025
Provision for credit losses	—		24
Equity in undistributed income of subsidiaries	9,300		—
Income (loss) from continuing operations before income taxes	$	11,916	$	412
Provision (benefit) for income taxes	(766)		540
Net income (loss)	$	12,682	$	(128)

Condensed consolidating balance sheet

SUMMARIZED BALANCE SHEET

	December 31, 2024				December 31, 2023
In millions of dollars	Citigroup parent company		CGMHI		Citigroup parent company		CGMHI
Cash and deposits with banks	$	4,014	$	19,464	$	3,011	$	23,756
Securities borrowed and purchased under resale agreements	—		215,995		—		283,174
Trading account assets	203		294,396		461		273,379
Advances to subsidiaries	150,790		—		150,845		—
Investments in subsidiary bank holding company	179,253		—		172,125		—
Investments in non-bank subsidiaries	46,549		—		46,870		—
Other assets	14,642		158,080		14,202		167,609
Total assets	$	395,451	$	687,935	$	387,514	$	747,918
Securities loaned and sold under agreements to repurchase	$	—	$	268,178	$	—	$	309,862
Trading account liabilities	69		89,146		300		111,233
Short-term borrowings	—		29,410		—		20,481
Long-term debt	164,024		184,516		162,309		184,083
Advances from subsidiaries	19,974		—		16,724		—
Other liabilities	2,786		80,486		2,728		85,079
Stockholders’ equity	208,598		36,199		205,453		37,180
Total liabilities and equity	$	395,451	$	687,935	$	387,514	$	747,918

Condensed Balance Sheet                                     Parent Company Only

	December 31,
In millions of dollars	2024		2023
Assets
Cash and due from banks	$	—	$	—
Cash and due from banks—intercompany	14		11
Deposits with banks—intercompany	4,000		3,000
Trading account assets	(164)		113
Trading account assets—intercompany	367		348
Investments, net of allowance	1		1
Advances to subsidiaries	$	150,790	$	150,845
Investments in subsidiary bank holding company	179,253		172,125
Investments in non-bank subsidiaries	46,549		46,870
Other assets, net of allowance(1)	10,255		10,031
Other assets—intercompany	4,386		4,170
Total assets	$	395,451	$	387,514
Liabilities and equity
Trading account liabilities	$	(159)	$	34
Trading account liabilities—intercompany	228		266
Long-term debt	164,024		162,309
Advances from subsidiary bank holding company	10,948		8,677
Advances from non-bank subsidiaries	9,026		8,047
Other liabilities	2,719		2,560
Other liabilities—intercompany	67		168
Stockholders’ equity	208,598		205,453
Total liabilities and equity	$	395,451	$	387,514

(1)Citigroup parent company at December 31, 2024 and 2023 included $75.4 billion and $56.9 billion, respectively, of placements to Citibank and its branches, of which $71.6 billion and $33.8 billion, respectively, had a remaining term of less than 30 days.