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CONDENSED PARENT COMPANY FINANCIAL STATEMENTS (Tables)
 12 Months Ended
Dec. 31, 2023
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 dollars202320222021
Revenues
Dividends from subsidiaries$16,811 $8,992 $6,482 
Interest revenue—intercompany 6,955 4,628 3,757 
Interest expense6,339 5,250 4,791 
Interest expense—intercompany1,460 715 294 
Net interest income$(844)$(1,337)$(1,328)
Commissions and fees$— $— $— 
Commissions and fees—intercompany(31)(1)(36)
Principal transactions(928)5,147 976 
Principal transactions—intercompany(771)(5,686)(1,375)
Other revenue(23)210 (64)
Other revenue—intercompany(135)(220)(133)
Total non-interest revenues$(1,888)$(550)$(632)
Total revenues, net of interest expense$14,079 $7,105 $4,522 
Operating expenses
Compensation and benefits$9 $9 $10 
Compensation and benefits—intercompany18 12 69 
Other operating160 85 83 
Other operating—intercompany15 15 11 
Total operating expenses$202 $121 $173 
Equity in undistributed income of subsidiaries$(5,572)$6,173 $16,596 
Income from continuing operations before income taxes$8,305 $13,157 $20,945 
Provision (benefit) for income taxes(923)(1,688)(1,007)
Net income $9,228 $14,845 $21,952 
Comprehensive income
Add: Other comprehensive income (loss) 2,235 (8,297)(6,707)
Total Citigroup comprehensive income$11,463 $6,548 $15,245 
Condensed consolidating balance sheet
SUMMARIZED BALANCE SHEET

December 31, 2023December 31, 2022
In millions of dollarsCitigroup parent companyCGMHICitigroup parent companyCGMHI
Cash and deposits with banks$3,011 $23,756 $3,015 $27,122 
Securities borrowed and purchased under resale agreements— 283,174 — 306,273 
Trading account assets461 273,379 306 209,957 
Advances to subsidiaries150,845 — 146,843 — 
Investments in subsidiary bank holding company172,125 — 172,721 — 
Investments in non-bank subsidiaries46,870 — 48,295 — 
Other assets14,202 167,609 13,788 163,819 
Total assets$387,514 $747,918 $384,968 $707,171 
Securities loaned and sold under agreements to repurchase$— $309,862 $— $245,916 
Trading account liabilities300 111,233 604 115,929 
Short-term borrowings— 20,481 — 43,850 
Long-term debt162,309 184,083 166,257 172,068 
Advances from subsidiaries16,724 — 14,562 — 
Other liabilities2,728 85,079 2,356 90,570 
Stockholders’ equity205,453 37,180 201,189 38,838 
Total liabilities and equity$387,514 $747,918 $384,968 $707,171 
Condensed Balance Sheet                                     Parent Company Only

December 31,
In millions of dollars20232022
Assets
Cash and due from banks$— $— 
Cash and due from banks—intercompany11 15 
Deposits with banks—intercompany3,000 3,000 
Trading account assets113 130 
Trading account assets—intercompany348 176 
Investments, net of allowance1 1 
Advances to subsidiaries$150,845 $146,843 
Investments in subsidiary bank holding company172,125 172,721 
Investments in non-bank subsidiaries46,870 48,295 
Other assets, net of allowance(1)
10,031 10,441 
Other assets—intercompany4,170 3,346 
Total assets$387,514 $384,968 
Liabilities and equity
Trading account liabilities$34 $23 
Trading account liabilities—intercompany266 581 
Long-term debt162,309 166,257 
Advances from subsidiary bank holding company8,677 6,629 
Advances from non-bank subsidiaries8,047 7,933 
Other liabilities2,560 2,321 
Other liabilities—intercompany168 35 
Stockholders’ equity205,453 201,189 
Total liabilities and equity$387,514 $384,968 
(1)Citigroup parent company at December 31, 2023 and 2022 included $56.9 billion and $40.2 billion, respectively, of placements to Citibank and its branches, of which $33.8 billion and $29.2 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 dollars202320222021
Net cash provided by operating activities of continuing operations$17,163 $156 $3,947 
Cash flows from investing activities of continuing operations
Changes in investments and advances—intercompany$(3,450)$(7,815)$8,260 
Net cash provided by (used in) investing activities of continuing operations$(3,450)$(7,815)$8,260 
Cash flows from financing activities of continuing operations
Dividends paid$(5,212)$(5,003)$(5,198)
Issuance of preferred stock2,739 — 3,300 
Redemption of preferred stock
(4,145)— (3,785)
Treasury stock acquired(1,977)(3,250)(7,601)
Proceeds (repayments) from issuance of long-term debt, net(6,955)14,661 (86)
Net change in short-term borrowings and other advances—intercompany2,162 1,093 501 
Other financing activities(329)(344)(337)
Net cash provided by (used in) financing activities of continuing operations$(13,717)$7,157 $(13,206)
Change in cash and due from banks and deposits with banks$(4)$(502)$(999)
Cash and due from banks and deposits with banks at beginning of year3,015 3,517 4,516 
Cash and due from banks and deposits with banks at end of year$3,011 $3,015 $3,517 
Cash and due from banks (including segregated cash and other deposits)$11 $15 $17 
Deposits with banks, net of allowance3,000 3,000 3,500 
Cash and due from banks and deposits with banks at end of year$3,011 $3,015 $3,517 
Supplemental disclosure of cash flow information for continuing operations
Cash paid (received) during the year for income taxes$(2,000)$(1,269)$(2,406)
Cash paid during the year for interest
5,704 1,309 (3,101)