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CONDENSED PARENT COMPANY FINANCIAL STATEMENTS (Tables)
 12 Months Ended
Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Condensed consolidating statements of income and comprehensive income
Condensed Statements of Income and Comprehensive Income                     Parent Company Only

Year ended December 31,
In millions of dollars202420232022
Revenues
Dividends from subsidiaries$5,549 $16,811 $8,992 
Interest revenue—intercompany $7,523 $6,955 $4,628 
Interest expense6,680 6,339 5,250 
Interest expense—intercompany1,518 1,460 715 
Net interest income$(675)$(844)$(1,337)
Commissions and fees$— $— $— 
Commissions and fees—intercompany(57)(31)(1)
Principal transactions691 (928)5,147 
Principal transactions—intercompany(2,590)(771)(5,686)
Other revenue147 (23)210 
Other revenue—intercompany(175)(135)(220)
Total non-interest revenues$(1,984)$(1,888)$(550)
Total revenues, net of interest expense$2,890 $14,079 $7,105 
Operating expenses
Compensation and benefits$14 $9 $9 
Compensation and benefits—intercompany23 18 12 
Other operating207 160 85 
Other operating—intercompany30 15 15 
Total operating expenses$274 $202 $121 
Equity in undistributed income of subsidiaries$9,300 $(5,572)$6,173 
Income from continuing operations before income taxes$11,916 $8,305 $13,157 
Provision (benefit) for income taxes(766)(923)(1,688)
Net income $12,682 $9,228 $14,845 
Comprehensive income
Add: Other comprehensive income (loss) (3,052)2,235 (8,297)
Total Citigroup comprehensive income$9,630 $11,463 $6,548 
Condensed consolidating balance sheet
SUMMARIZED BALANCE SHEET

December 31, 2024December 31, 2023
In millions of dollarsCitigroup parent companyCGMHICitigroup parent companyCGMHI
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 assets203 294,396 461 273,379 
Advances to subsidiaries150,790 — 150,845 — 
Investments in subsidiary bank holding company179,253 — 172,125 — 
Investments in non-bank subsidiaries46,549 — 46,870 — 
Other assets14,642 158,080 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 liabilities69 89,146 300 111,233 
Short-term borrowings— 29,410 — 20,481 
Long-term debt164,024 184,516 162,309 184,083 
Advances from subsidiaries19,974 — 16,724 — 
Other liabilities2,786 80,486 2,728 85,079 
Stockholders’ equity208,598 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 dollars20242023
Assets
Cash and due from banks$— $— 
Cash and due from banks—intercompany14 11 
Deposits with banks—intercompany4,000 3,000 
Trading account assets(164)113 
Trading account assets—intercompany367 348 
Investments, net of allowance1 1 
Advances to subsidiaries$150,790 $150,845 
Investments in subsidiary bank holding company179,253 172,125 
Investments in non-bank subsidiaries46,549 46,870 
Other assets, net of allowance(1)
10,255 10,031 
Other assets—intercompany4,386 4,170 
Total assets$395,451 $387,514 
Liabilities and equity
Trading account liabilities$(159)$34 
Trading account liabilities—intercompany228 266 
Long-term debt164,024 162,309 
Advances from subsidiary bank holding company10,948 8,677 
Advances from non-bank subsidiaries9,026 8,047 
Other liabilities2,719 2,560 
Other liabilities—intercompany67 168 
Stockholders’ equity208,598 205,453 
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.
Condensed consolidating statement of cash flows
Condensed Statement of Cash Flows                                 Parent Company Only

Year ended December 31,
In millions of dollars202420232022
Net cash provided by (used in) operating activities of continuing operations$2,536 $17,163 $156 
Cash flows from investing activities of continuing operations
Changes in investments and advances—intercompany$(1,287)$(3,450)$(7,815)
Net cash provided by (used in) investing activities of continuing operations$(1,287)$(3,450)$(7,815)
Cash flows from financing activities of continuing operations
Dividends paid$(5,199)$(5,212)$(5,003)
Issuance of preferred stock5,282 2,739 — 
Redemption of preferred stock
(5,050)(4,145)— 
Treasury stock acquired(2,474)(1,977)(3,250)
Proceeds (repayments) from issuance of long-term debt, net4,399 (6,955)14,661 
Net change in short-term borrowings and other advances—intercompany3,250 2,162 1,093 
Other financing activities(454)(329)(344)
Net cash provided by (used in) financing activities of continuing operations$(246)$(13,717)$7,157 
Change in cash and due from banks and deposits with banks$1,003 $(4)$(502)
Cash and due from banks and deposits with banks at beginning of year3,011 3,015 3,517 
Cash and due from banks and deposits with banks at end of year$4,014 $3,011 $3,015 
Cash and due from banks (including segregated cash and other deposits)$14 $11 $15 
Deposits with banks, net of allowance4,000 3,000 3,000 
Cash and due from banks and deposits with banks at end of year$4,014 $3,011 $3,015 
Supplemental disclosure of cash flow information for continuing operations
Cash paid (received) during the year for income taxes$(93)$(2,000)$(1,269)
Cash paid during the year for interest
5,934 5,704 1,309