v3.25.4
LEASES (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
ROU asset and lease liabilities
The following table presents information on the right-of-use (ROU) asset and lease liabilities included in Premises and equipment and Other liabilities, respectively:

In millions of dollarsDecember 31,
2025
December 31,
2024
ROU asset$3,009 $2,836 
Lease liability3,163 3,013 
Operating lease expense
The following table presents the total operating lease expense (principally for offices, branches and equipment) included in the Consolidated Statement of Income:

In millions of dollarsDec. 31, 2025Dec. 31, 2024Dec. 31, 2023
Operating lease expense$817 $842 $842 
Variable lease expense195 204 208 
Total lease costs(1)
$1,012 $1,046 $1,050 

(1)     Balances do not include $10 million, $9 million and $3 million of sublease income for the years ended December 31, 2025, 2024 and 2023, respectively.
Schedule of cash flow supplemental information
Details of the Company’s income taxes paid are presented below:

In millions of dollars202520242023
Federal$(68)$(334)$47 
State and local 
Other271 54 220 
Total state and local$271 $54 $220 
Non-U.S.
BrazilNM$436 $467 
Hong KongNM375 NM
India$730 757 942 
Mexico1,172 534 679 
United KingdomNMNM575 
Other4,409 3,976 2,797 
Total non-U.S.$6,311 $6,078 $5,460 
Total$6,514 $5,798 $5,727 
NM Not meaningful, since the amount of income taxes paid during the year does not meet the 5% disaggregation threshold.
The table below provides the supplemental Statement of Cash Flows information:

In millions of dollars
December 31,
2025
December 31,
2024
Cash paid for amounts included in the measurement of lease liabilities$719 $729 
ROU assets obtained in exchange for new operating lease liabilities(1)
713 777 

(1)     Represents non-cash activity and, accordingly, is not reflected in the Consolidated Statement of Cash Flows.
Schedule of future minimum rental payments for operating leases after adoption
Citi’s future lease payments are as follows:

In millions of dollars
2026$718 
2027635 
2028546 
2029441 
2030363 
Thereafter1,008 
Total future lease payments$3,711 
Less imputed interest (based on weighted-average discount rate of 4.4%)
$(548)
Lease liability$3,163