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CONDENSED CONSOLIDATING FINANCIAL STATEMENTS - Condensed Consolidating Statement of Cash Flows (Details) - USD ($)
$ in Millions
1 Months Ended 3 Months Ended
Jan. 31, 2023
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Condensed Cash Flow Statements, Captions [Line Items]        
Net cash provided by (used in) operating activities of continuing operations   $ (30,485) $ (9,247)  
Cash flows from investing activities of continuing operations        
Change in securities borrowed and purchased under agreements to resell   (18,797) (18,122)  
Change in loans   3,010 (9,643)  
Proceeds from sales and securitizations of loans   895 676  
Net payment due to transfer of net liabilities associated with divestitures [1]   (29) 0  
Available-for-sale debt securities        
Purchases of investments [2],[3]   (52,708) (66,156)  
Proceeds from sales of investments   18,619 57,084  
Proceeds from maturities of investments [2],[3]   51,034 24,210  
Held-to-maturity debt securities        
Purchases of investments   (631) (28,406)  
Proceeds from maturities of investments   1,977 2,775  
Changes in investments and advances—intercompany   0 0  
Other investing activities   (6,443) (1,238)  
Net cash used in investing activities of continuing operations   (3,073) (38,820)  
Cash flows from financing activities of continuing operations        
Dividends paid   (1,267) (1,286)  
Issuance of preferred stock   1,245 0  
Redemption of preferred stock   0 0  
Treasury stock acquired   0 (2,833)  
Proceeds (repayments) from issuance of long-term debt, net   3,270 12,607  
Proceeds (repayments) from issuance of long-term debt—intercompany, net   0 0  
Change in deposits   (35,495) 34,816  
Change in securities loaned and sold under agreements to repurchase   55,237 13,209  
Change in short-term borrowings   (6,909) 2,171  
Net change in short-term borrowings and other advances—intercompany   0 0  
Capital contributions from (to) parent     0  
Other financing activities   (315) (330)  
Net cash provided by financing activities of continuing operations   15,766 58,354  
Effect of exchange rate changes on cash and due from banks   (274) (233)  
Change in cash, due from banks and deposits with banks   (18,066) 10,054  
Cash, due from banks and deposits with banks at beginning of period $ 342,025 342,025 262,033  
Cash, due from banks and deposits with banks at end of period   323,959 272,087  
Cash and due from banks (including segregated cash and other deposits)   26,224 27,768 $ 30,577
Deposits with banks, net of allowance [4]   297,735 244,319  
Cash, due from banks and deposits with banks at end of period   323,959 272,087 342,025
Supplemental disclosure of cash flow information for continuing operations        
Cash paid (received) during the period for income taxes   1,593 631  
Cash paid during the period for interest   14,358 2,782  
Non-cash investing and financing activities        
Transfer of investment securities from HTM to AFS 3,400 3,324 [1],[5],[6] 0 [1],[5],[6]  
Decrease in net loans associated with divestitures reclassified to HFS [1],[5],[6]   0 14,970  
Decrease in goodwill associated with divestitures reclassified to HFS [1],[5],[6]   0 715  
Transfers to loans HFS (Other assets) from loans [1],[5],[6]   2,696 328  
Transfers from loans HFS (Other assets) to loans HFI [1],[5],[6]   322 0  
Decrease in deposits associated with divestitures reclassified to HFS [1]   0 18,334  
Decrease in long-term debt associated with divestitures reclassified to HFS [1]   0 28  
Reportable legal entities | Citigroup parent company        
Condensed Cash Flow Statements, Captions [Line Items]        
Net cash provided by (used in) operating activities of continuing operations   3,337 (4,607)  
Cash flows from investing activities of continuing operations        
Change in securities borrowed and purchased under agreements to resell   0 0  
Change in loans   0 0  
Proceeds from sales and securitizations of loans   0 0  
Net payment due to transfer of net liabilities associated with divestitures   0    
Available-for-sale debt securities        
Purchases of investments   0 0  
Proceeds from sales of investments   0 0  
Proceeds from maturities of investments   0 0  
Held-to-maturity debt securities        
Purchases of investments   0 0  
Proceeds from maturities of investments   0 0  
Changes in investments and advances—intercompany   456 (9,916)  
Other investing activities   0 0  
Net cash used in investing activities of continuing operations   456 (9,916)  
Cash flows from financing activities of continuing operations        
Dividends paid   (1,267) (1,286)  
Issuance of preferred stock   1,245    
Treasury stock acquired     (2,833)  
Proceeds (repayments) from issuance of long-term debt, net   (940) 10,447  
Proceeds (repayments) from issuance of long-term debt—intercompany, net   0 0  
Change in deposits   0 0  
Change in securities loaned and sold under agreements to repurchase   0 0  
Change in short-term borrowings   0 0  
Net change in short-term borrowings and other advances—intercompany   (1,498) 8,530  
Capital contributions from (to) parent     0  
Other financing activities   (315) (330)  
Net cash provided by financing activities of continuing operations   (2,775) 14,528  
Effect of exchange rate changes on cash and due from banks   0 0  
Change in cash, due from banks and deposits with banks   1,018 5  
Cash, due from banks and deposits with banks at beginning of period 3,015 3,015 3,517  
Cash, due from banks and deposits with banks at end of period   4,033 3,522  
Cash and due from banks (including segregated cash and other deposits)   33 22  
Deposits with banks, net of allowance   4,000 3,500  
Cash, due from banks and deposits with banks at end of period   4,033 3,522 3,015
Supplemental disclosure of cash flow information for continuing operations        
Cash paid (received) during the period for income taxes   59 (13)  
Cash paid during the period for interest   1,462 1,305  
Non-cash investing and financing activities        
Transfer of investment securities from HTM to AFS   0    
Decrease in net loans associated with divestitures reclassified to HFS     0  
Decrease in goodwill associated with divestitures reclassified to HFS     0  
Transfers to loans HFS (Other assets) from loans   0 0  
Transfers from loans HFS (Other assets) to loans HFI   0    
Decrease in deposits associated with divestitures reclassified to HFS     0  
Decrease in long-term debt associated with divestitures reclassified to HFS     0  
Reportable legal entities | CGMHI        
Condensed Cash Flow Statements, Captions [Line Items]        
Net cash provided by (used in) operating activities of continuing operations   (31,964) (3,757)  
Cash flows from investing activities of continuing operations        
Change in securities borrowed and purchased under agreements to resell   (21,856) (15,750)  
Change in loans   0 0  
Proceeds from sales and securitizations of loans   0 0  
Net payment due to transfer of net liabilities associated with divestitures   0    
Available-for-sale debt securities        
Purchases of investments   0 0  
Proceeds from sales of investments   0 0  
Proceeds from maturities of investments   0 0  
Held-to-maturity debt securities        
Purchases of investments   0 0  
Proceeds from maturities of investments   0 0  
Changes in investments and advances—intercompany   (3,662) (2,369)  
Other investing activities   (32) 0  
Net cash used in investing activities of continuing operations   (25,550) (18,119)  
Cash flows from financing activities of continuing operations        
Dividends paid   (14) (259)  
Issuance of preferred stock   0    
Treasury stock acquired     0  
Proceeds (repayments) from issuance of long-term debt, net   4,598 5,645  
Proceeds (repayments) from issuance of long-term debt—intercompany, net   2,111 1,763  
Change in deposits   0 0  
Change in securities loaned and sold under agreements to repurchase   53,185 5,220  
Change in short-term borrowings   (3,303) 3,158  
Net change in short-term borrowings and other advances—intercompany   (2,978) 6,621  
Capital contributions from (to) parent     250  
Other financing activities   0 0  
Net cash provided by financing activities of continuing operations   53,599 22,398  
Effect of exchange rate changes on cash and due from banks   0 0  
Change in cash, due from banks and deposits with banks   (3,915) 522  
Cash, due from banks and deposits with banks at beginning of period 27,121 27,121 26,665  
Cash, due from banks and deposits with banks at end of period   23,206 27,187  
Cash and due from banks (including segregated cash and other deposits)   6,585 8,484  
Deposits with banks, net of allowance   16,621 18,703  
Cash, due from banks and deposits with banks at end of period   23,206 27,187 27,121
Supplemental disclosure of cash flow information for continuing operations        
Cash paid (received) during the period for income taxes   43 (10)  
Cash paid during the period for interest   6,252 522  
Non-cash investing and financing activities        
Transfer of investment securities from HTM to AFS   0    
Decrease in net loans associated with divestitures reclassified to HFS     0  
Decrease in goodwill associated with divestitures reclassified to HFS     0  
Transfers to loans HFS (Other assets) from loans   0 0  
Transfers from loans HFS (Other assets) to loans HFI   0    
Decrease in deposits associated with divestitures reclassified to HFS     0  
Decrease in long-term debt associated with divestitures reclassified to HFS     0  
Reportable legal entities | Other Citigroup subsidiaries and eliminations        
Condensed Cash Flow Statements, Captions [Line Items]        
Net cash provided by (used in) operating activities of continuing operations   (1,858) (883)  
Cash flows from investing activities of continuing operations        
Change in securities borrowed and purchased under agreements to resell   3,059 (2,372)  
Change in loans   3,010 (9,643)  
Proceeds from sales and securitizations of loans   895 676  
Net payment due to transfer of net liabilities associated with divestitures   (29)    
Available-for-sale debt securities        
Purchases of investments   (52,708) (66,156)  
Proceeds from sales of investments   18,619 57,084  
Proceeds from maturities of investments   51,034 24,210  
Held-to-maturity debt securities        
Purchases of investments   (631) (28,406)  
Proceeds from maturities of investments   1,977 2,775  
Changes in investments and advances—intercompany   3,206 12,285  
Other investing activities   (6,411) (1,238)  
Net cash used in investing activities of continuing operations   22,021 (10,785)  
Cash flows from financing activities of continuing operations        
Dividends paid   14 259  
Issuance of preferred stock   0    
Treasury stock acquired     0  
Proceeds (repayments) from issuance of long-term debt, net   (388) (3,485)  
Proceeds (repayments) from issuance of long-term debt—intercompany, net   (2,111) (1,763)  
Change in deposits   (35,495) 34,816  
Change in securities loaned and sold under agreements to repurchase   2,052 7,989  
Change in short-term borrowings   (3,606) (987)  
Net change in short-term borrowings and other advances—intercompany   4,476 (15,151)  
Capital contributions from (to) parent     (250)  
Other financing activities   0 0  
Net cash provided by financing activities of continuing operations   (35,058) 21,428  
Effect of exchange rate changes on cash and due from banks   (274) (233)  
Change in cash, due from banks and deposits with banks   (15,169) 9,527  
Cash, due from banks and deposits with banks at beginning of period 311,889 311,889 231,851  
Cash, due from banks and deposits with banks at end of period   296,720 241,378  
Cash and due from banks (including segregated cash and other deposits)   19,606 19,262  
Deposits with banks, net of allowance   277,114 222,116  
Cash, due from banks and deposits with banks at end of period   296,720 241,378 311,889
Supplemental disclosure of cash flow information for continuing operations        
Cash paid (received) during the period for income taxes   1,491 654  
Cash paid during the period for interest   6,644 955  
Non-cash investing and financing activities        
Transfer of investment securities from HTM to AFS   3,324    
Decrease in net loans associated with divestitures reclassified to HFS     14,970  
Decrease in goodwill associated with divestitures reclassified to HFS     715  
Transfers to loans HFS (Other assets) from loans   2,696 328  
Transfers from loans HFS (Other assets) to loans HFI   322    
Decrease in deposits associated with divestitures reclassified to HFS     18,334  
Decrease in long-term debt associated with divestitures reclassified to HFS     28  
Consolidating adjustments        
Condensed Cash Flow Statements, Captions [Line Items]        
Net cash provided by (used in) operating activities of continuing operations   0 0  
Cash flows from investing activities of continuing operations        
Change in securities borrowed and purchased under agreements to resell   0 0  
Change in loans   0 0  
Proceeds from sales and securitizations of loans   0 0  
Net payment due to transfer of net liabilities associated with divestitures   0    
Available-for-sale debt securities        
Purchases of investments   0 0  
Proceeds from sales of investments   0 0  
Proceeds from maturities of investments   0 0  
Held-to-maturity debt securities        
Purchases of investments   0 0  
Proceeds from maturities of investments   0 0  
Changes in investments and advances—intercompany   0 0  
Other investing activities   0 0  
Net cash used in investing activities of continuing operations   0 0  
Cash flows from financing activities of continuing operations        
Dividends paid   0 0  
Issuance of preferred stock   0    
Treasury stock acquired     0  
Proceeds (repayments) from issuance of long-term debt, net   0 0  
Proceeds (repayments) from issuance of long-term debt—intercompany, net   0 0  
Change in deposits   0 0  
Change in securities loaned and sold under agreements to repurchase   0 0  
Change in short-term borrowings   0 0  
Net change in short-term borrowings and other advances—intercompany   0 0  
Capital contributions from (to) parent     0  
Other financing activities   0 0  
Net cash provided by financing activities of continuing operations   0 0  
Effect of exchange rate changes on cash and due from banks   0 0  
Change in cash, due from banks and deposits with banks   0 0  
Cash, due from banks and deposits with banks at beginning of period $ 0 0 0  
Cash, due from banks and deposits with banks at end of period   0 0  
Cash and due from banks (including segregated cash and other deposits)   0 0  
Deposits with banks, net of allowance   0 0  
Cash, due from banks and deposits with banks at end of period   0 0 $ 0
Supplemental disclosure of cash flow information for continuing operations        
Cash paid (received) during the period for income taxes   0 0  
Cash paid during the period for interest   0 0  
Non-cash investing and financing activities        
Transfer of investment securities from HTM to AFS   0    
Decrease in net loans associated with divestitures reclassified to HFS     0  
Decrease in goodwill associated with divestitures reclassified to HFS     0  
Transfers to loans HFS (Other assets) from loans   0 0  
Transfers from loans HFS (Other assets) to loans HFI   $ 0    
Decrease in deposits associated with divestitures reclassified to HFS     0  
Decrease in long-term debt associated with divestitures reclassified to HFS     $ 0  
[1] See Note 2 for further information on significant disposals.
[2] 2022 amounts have been revised to conform to the current-period presentation.
[3] Consistent with the revisions disclosed in “Statement of Cash Flows” in Note 1 to the Consolidated Financial Statements in Citi’s 2022 Form 10-K, during the three months ended March 31, 2022, $4.1 billion of cash flows related to maturities of short-term negotiable certificates of deposit (NCDs) and $41 million of cash flows related to purchases of short-term NCDs were reclassified from purchases and maturities of AFS securities within investing activities to Other, net within operating activities.
[4] Deposits with banks as of March 31, 2023 excludes approximately $5 billion of deposits that do not meet the definition of cash equivalents. These deposits are reported within Other, net investing activities.
[5] 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. See Note 1.
[6] 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 24 for more information and balances as of March 31, 2023.