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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities of continuing operations      
Net income before attribution of noncontrolling interests $ 12,833 $ 9,381 $ 14,934
Net income attributable to noncontrolling interests 151 153 89
Net income 12,682 9,228 14,845
Income (loss) from discontinued operations, net of taxes (2) (1) (231)
Income from continuing operations—excluding noncontrolling interests 12,684 9,229 15,076
Adjustments to reconcile net income to net cash provided by (used in) operating activities of continuing operations      
Net loss (gain) on sale of significant disposals [1] 0 (1,462) (762)
Depreciation and amortization 4,311 4,560 4,262
Deferred income taxes (1,896) (2,416) (1,141)
Provisions for credit losses and for benefits and claims 10,109 9,186 5,239
Realized gains from sales of investments (328) (188) (67)
Impairment losses on investments and other assets 431 323 499
Goodwill impairment 0 0 535
Change in trading account assets (31,174) (77,838) (2,273)
Change in trading account liabilities (21,499) (15,302) 9,118
Change in brokerage receivables net of brokerage payables 6,136 (5,402) 7,936
Change in loans held-for-sale (HFS) (776) 1,929 4,421
Change in other assets (4,026) (6,361) (4,992)
Change in other liabilities [2] (7,692) 3,587 5,343
Other, net 14,051 6,739 (18,125)
Total adjustments (32,353) (82,645) 9,993
Net cash provided by (used in) operating activities of continuing operations (19,669) (73,416) 25,069
Cash flows from investing activities of continuing operations      
Change in securities borrowed and purchased under agreements to resell 71,638 19,701 (38,113)
Change in loans (20,455) (44,525) (16,591)
Purchase of portfolio of consumer loans (700) 0 0
Proceeds from sales and securitizations of loans 5,316 4,801 4,709
Net payment due to transfer of net liabilities associated with divestitures [1] 0 (1,393) 5,741
Available-for-sale (AFS) debt securities      
Purchases of investments (250,932) (235,139) (218,747)
Proceeds from sales of investments 57,526 41,886 79,687
Proceeds from maturities of investments 216,386 200,437 140,934
Held-to-maturity (HTM) debt securities      
Purchases of investments (16,492) (1,373) (42,903)
Proceeds from maturities of investments 27,729 12,838 12,188
Capital expenditures on premises and equipment and capitalized software (6,500) (6,583) (5,632)
Proceeds from sales of premises and equipment and repossessed assets 222 56 63
Other, net 2,512 835 (791)
Net cash provided by (used in) investing activities of continuing operations 86,250 (8,459) (79,455)
Cash flows from financing activities of continuing operations      
Dividends paid (5,199) (5,212) (5,003)
Issuance of preferred stock 5,282 2,739 0
Redemption of preferred stock (5,050) (4,145) 0
Treasury stock acquired (2,474) (1,977) (3,250)
Stock tendered for payment of withholding taxes (454) (329) (344)
Change in securities loaned and sold under agreements to repurchase (23,352) 75,663 11,159
Issuance of long-term debt 99,075 65,819 104,748
Payments and redemptions of long-term debt (92,957) (64,959) (57,085)
Change in deposits (24,223) (57,273) 68,415
Change in short-term borrowings 11,048 (9,639) 19,123
Net cash provided by (used in) financing activities of continuing operations (38,304) 687 137,763
Effect of exchange rate changes on cash, due from banks and deposits with banks (12,677) 95 (3,385)
Change in cash, due from banks and deposits with banks 15,600 (81,093) 79,992
Cash, due from banks and deposits with banks at beginning of year 260,932 342,025 262,033
Cash, due from banks and deposits with banks at end of year 276,532 260,932 342,025
Cash and due from banks (including segregated cash and other deposits) 22,782 27,342 30,577
Deposits with banks, net of allowance 253,750 233,590 311,448
Cash, due from banks and deposits with banks at end of year 276,532 260,932 342,025
Supplemental disclosure of cash flow information for continuing operations      
Cash paid during the year for income taxes(3) [3] 5,798 5,727 3,733
Cash paid during the year for interest 88,027 72,989 22,615
Non-cash investing activities      
Transfer of investment securities from HTM to AFS [1],[4],[5] 0 3,324 0
Transfer of investment securities from AFS to HTM [1],[4],[5] 0 0 21,688
Decrease in net loans associated with divestitures reclassified to HFS [1],[4],[5] 0 0 16,956
Decrease in goodwill associated with divestitures reclassified to HFS [1],[4],[5] 0 0 876
Transfers to loans HFS (Other assets) from loans HFI [1],[4],[5] 5,535 7,866 5,582
Transfers from loans HFS (Other assets) to loans HFI [1],[4],[5] 0 322 0
Non-cash financing activities      
Decrease in deposits associated with divestitures reclassified to HFS [1],[5] $ 0 $ 0 $ 19,691
[1] See Note 2.
[2] Includes balances related to the FDIC special assessment and restructuring charges (see Notes 18 and 9, respectively).
[3] Includes net cash paid (received) for purchases and sales of nonrefundable, transferable tax credits.
[4] In January 2023, Citi adopted ASU 2022-01. Upon adoption, Citi transferred $3.3 billion of mortgage-backed securities from HTM classification to AFS classification as allowed under the ASU. At the time of transfer, the securities were in an unrealized gain position of $0.1 billion, which was recorded in AOCI upon transfer.
[5] Operating and finance lease right-of-use assets and lease liabilities represent non-cash investing and financing activities, respectively, and are not included in the non-cash investing activities presented here. See Note 29 for more information and balances as of December 31, 2024 and 2023.