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CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Citigroup stockholders' equity
Preferred stock at aggregate liquidation value
Total Citigroup common stockholders’ equity
Common stock and additional paid-in capital (APIC)
Retained earnings
Treasury stock, at cost
Citigroup's accumulated other comprehensive income (loss)
Noncontrolling interests
Balance, beginning of period at Dec. 31, 2023     $ 17,600   $ 108,986 $ 198,905 $ (75,238) $ (44,800) $ 798
Increase (Decrease) in Stockholders' Equity                  
Issuance of new preferred stock     550            
Redemption of preferred stock     (550)            
Employee benefit plans         (372)   873 [1]    
Other         9 (11)     1
Net income before attribution of noncontrolling interests $ 3,407         3,371     36
Common dividends [2]           (1,030)      
Preferred dividends (279)         (279)      
Treasury stock acquired             (500)    
Transactions between Citigroup and the noncontrolling-interest shareholders                 (9)
Distributions paid to noncontrolling-interest shareholders                 0
Citigroup’s total other comprehensive income               (929) (13)
Net change in noncontrolling interests                 15
Balance, end of period at Mar. 31, 2024 207,398 $ 206,585 17,600 $ 188,985 108,623 200,956 (74,865) (45,729) 813
Balance, beginning of period at Dec. 31, 2024 209,366   17,850   109,148 206,294 (76,842) (47,852) 768
Increase (Decrease) in Stockholders' Equity                  
Issuance of new preferred stock     2,000            
Redemption of preferred stock     (1,500)            
Employee benefit plans         (502)   712 [1]    
Other         1 (4)     0
Net income before attribution of noncontrolling interests 4,107         4,064     43
Common dividends [2]           (1,072)      
Preferred dividends (269)         (269)      
Treasury stock acquired             (1,750)    
Transactions between Citigroup and the noncontrolling-interest shareholders                 (10)
Distributions paid to noncontrolling-interest shareholders                 0
Citigroup’s total other comprehensive income               2,130 49
Net change in noncontrolling interests                 82
Balance, end of period at Mar. 31, 2025 $ 213,258 $ 212,408 $ 18,350 $ 194,058 $ 108,647 $ 209,013 $ (77,880) $ (45,722) $ 850
[1] Includes treasury stock related to certain activity under Citi’s employee restricted or deferred stock programs where shares are withheld to satisfy employees’ tax requirements.
[2] Common dividends declared were $0.56 per share for 1Q25 and $0.53 per share for 1Q24.