$C-PR
CITIGROUP INC
CIK:0000831001|SEC Filings
CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($) $ in Millions |
6 Months Ended | |||||||
|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
|||||||
| Cash flows from operating activities of continuing operations | ||||||||
| Net income before attribution of noncontrolling interests | $ 11,962 | $ 8,140 | ||||||
| Net income attributable to noncontrolling interests | 346 | 57 | ||||||
| Citigroup’s net income | 11,616 | 8,083 | ||||||
| Income (loss) from discontinued operations, net of taxes | (1) | (1) | ||||||
| Income from continuing operations—excluding noncontrolling interests | 11,617 | 8,084 | ||||||
| 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] | (3) | 186 | |||||
| Depreciation and amortization | 2,262 | 2,147 | ||||||
| Deferred income taxes | 189 | 220 | ||||||
| Provisions for credit losses and for benefits and claims | 5,327 | 5,595 | ||||||
| Realized gains from sales of investments | (439) | (259) | ||||||
| Impairment losses on investments and other assets | 204 | 97 | ||||||
| Change in trading account assets | (97,290) | (125,897) | ||||||
| Change in trading account liabilities | 24,395 | 30,106 | ||||||
| Change in brokerage receivables net of brokerage payables | 20,597 | 11,160 | ||||||
| Change in loans held-for-sale (HFS) | (891) | (4,810) | ||||||
| Change in other assets | (12,447) | (8,588) | ||||||
| Change in other liabilities | 3,342 | 437 | ||||||
| Other, net | (2,815) | (13,765) | ||||||
| Total adjustments | (57,569) | (103,371) | ||||||
| Net cash provided by (used in) operating activities of continuing operations | (45,952) | (95,287) | ||||||
| Cash flows from investing activities of continuing operations | ||||||||
| Change in securities borrowed and purchased under agreements to resell | (48,460) | (49,830) | ||||||
| Change in loans | (44,146) | (40,293) | ||||||
| Proceeds from divestitures | [1] | 377 | 0 | |||||
| Purchase of portfolio of consumer loans | (7,200) | 0 | ||||||
| Proceeds from sales and securitizations of loans | 4,094 | 2,063 | ||||||
| Available-for-sale (AFS) debt securities | ||||||||
| Purchases of investments | (202,611) | (140,047) | ||||||
| Proceeds from sales of investments | 60,306 | 54,554 | ||||||
| Proceeds from maturities of investments | 100,903 | 91,153 | ||||||
| Held-to-maturity (HTM) debt securities | ||||||||
| Purchases of investments | (1,183) | (5,006) | ||||||
| Proceeds from maturities of investments | 23,143 | 41,335 | ||||||
| Capital expenditures on premises and equipment and capitalized software | (2,966) | (3,272) | ||||||
| Proceeds from sales of premises and equipment and repossessed assets | 43 | 16 | ||||||
| Other, net | (914) | 378 | ||||||
| Net cash provided by (used in) investing activities of continuing operations | (118,614) | (48,949) | ||||||
| Cash flows from financing activities of continuing operations | ||||||||
| Dividends paid | (2,714) | (2,651) | ||||||
| Issuance of preferred stock | 1,785 | 1,995 | ||||||
| Redemption of preferred stock | (2,300) | (3,500) | ||||||
| Treasury stock acquired | (10,300) | (3,750) | ||||||
| Stock tendered for payment of withholding taxes | (1,226) | (770) | ||||||
| Proceeds from divestitures | [2] | 2,492 | 0 | |||||
| Change in securities loaned and sold under agreements to repurchase | 63,028 | 93,158 | ||||||
| Issuance of long-term debt | 84,489 | 67,498 | ||||||
| Payments and redemptions of long-term debt | (59,226) | (46,333) | ||||||
| Change in deposits | 89,034 | 79,363 | ||||||
| Change in short-term borrowings | 17,100 | 7,055 | ||||||
| Net cash provided by (used in) financing activities of continuing operations | 182,162 | 192,065 | ||||||
| Effect of exchange rate changes on cash, due from banks and deposits with banks | (762) | 13,112 | ||||||
| Change in cash, due from banks and deposits with banks | 16,834 | 60,941 | ||||||
| Cash, due from banks and deposits with banks at beginning of period | 349,579 | 276,532 | ||||||
| Cash, due from banks and deposits with banks at end of period | 366,413 | 337,473 | ||||||
| Cash and due from banks (including segregated cash and other deposits) | 24,663 | 24,991 | ||||||
| Deposits with banks, net of allowance | 341,750 | 312,482 | ||||||
| Cash, due from banks and deposits with banks at end of period | 366,413 | 337,473 | ||||||
| Supplemental disclosure of cash flow information for continuing operations | ||||||||
| Cash paid during the period for interest | 39,708 | 39,284 | ||||||
| Non-cash investing and financing activities | ||||||||
| Decrease in net loans associated with divestitures reclassified to HFS | [1],[3] | 0 | 1,680 | |||||
| Transfers to loans HFS (Other assets) from loans HFI | [1],[3] | 3,744 | 1,942 | |||||
| Decrease in deposits associated with divestitures reclassified to HFS | [1] | $ 0 | $ 6,088 | |||||
| ||||||||
CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions |
Jun. 30, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Assets | ||
| Cash and due from banks (including segregated cash and other deposits) | $ 24,663 | $ 23,717 |
| Deposits with banks, net of allowance | 341,750 | 325,862 |
| Securities borrowed and purchased under agreements to resell (including $214,711 and $206,110 as of June 30, 2026 and December 31, 2025, respectively, at fair value), net of allowance | 404,655 | 356,195 |
| Brokerage receivables, net of allowance | 83,322 | 62,679 |
| Trading account assets (including $283,649 and $228,816 pledged to creditors as of June 30, 2026 and December 31, 2025, respectively) | 634,356 | 537,139 |
| Investments: | ||
| Available-for-sale debt securities (including $7,136 and $4,931 pledged to creditors as of June 30, 2026 and December 31, 2025, respectively) | 286,765 | 246,720 |
| Held-to-maturity debt securities, net of allowance (fair value of which is $157,524 and $179,520 as of June 30, 2026 and December 31, 2025, respectively) (includes $125 and $70 pledged to creditors as of June 30, 2026 and December 31, 2025, respectively) | 167,893 | 189,831 |
| Equity securities (including $538 and $921 as of June 30, 2026 and December 31, 2025, respectively, at fair value) | 8,263 | 7,678 |
| Total investments | 462,921 | 444,229 |
| Loans: | ||
| Loans, net of unearned income | 793,658 | 752,230 |
| Allowance for credit losses on loans (ACLL) | (19,961) | (19,247) |
| Total loans, net | 773,697 | 732,983 |
| Goodwill | 19,012 | 19,098 |
| Intangible assets (including MSRs of $788 and $759 as of June 30, 2026 and December 31, 2025, respectively) | 5,004 | 4,284 |
| Premises and equipment, net of depreciation and amortization | 33,897 | 33,339 |
| Other assets (including $16,460 and $15,840 as of June 30, 2026 and December 31, 2025, respectively, at fair value), net of allowance | 111,377 | 117,677 |
| Total assets | 2,894,654 | 2,657,202 |
| Liabilities | ||
| Deposits (including $4,873 and $4,222 as of June 30, 2026 and December 31, 2025, respectively, at fair value) | 1,492,607 | 1,403,573 |
| Securities loaned and sold under agreements to repurchase (including $150,621 and $199,422 as of June 30, 2026 and December 31, 2025, respectively, at fair value) | 411,126 | 348,098 |
| Brokerage payables (including $3,210 and $5,492 as of June 30, 2026 and December 31, 2025, respectively, at fair value) | 116,076 | 74,836 |
| Trading account liabilities | 187,193 | 162,798 |
| Short-term borrowings (including $27,017 and $21,567 as of June 30, 2026 and December 31, 2025, respectively, at fair value) | 68,978 | 51,878 |
| Long-term debt (including $143,494 and $130,726 as of June 30, 2026 and December 31, 2025, respectively, at fair value) | 333,749 | 315,827 |
| Other liabilities, plus allowances | 70,475 | 86,370 |
| Total liabilities | 2,680,204 | 2,443,380 |
| Stockholders’ equity | ||
| Preferred stock ($1.00 par value; authorized shares: 30 million), issued shares: as of June 30, 2026—782,000 and as of December 31, 2025—802,000, at aggregate liquidation value | 19,550 | 20,050 |
| Common stock ($0.01 par value; authorized shares: 6 billion), issued shares: as of June 30, 2026—3,099,786,399 and as of December 31, 2025—3,099,752,593 | 31 | 31 |
| Additional paid-in capital | 107,343 | 108,452 |
| Retained earnings | 223,989 | 215,128 |
| Treasury stock, at cost: June 30, 2026—1,422,349,616 shares and December 31, 2025— 1,352,205,592 shares | (99,398) | (89,473) |
| Accumulated other comprehensive income (loss) (AOCI) | (39,500) | (41,897) |
| Total Citigroup stockholders’ equity | 212,015 | 212,291 |
| Noncontrolling interests—equity (NCI—equity) | 2,435 | 1,531 |
| Total equity | 214,450 | 213,822 |
| Total liabilities and equity | 2,894,654 | 2,657,202 |
| Consumer loans | ||
| Loans: | ||
| Loans, net of unearned income | 416,520 | 408,533 |
| Allowance for credit losses on loans (ACLL) | (16,510) | (16,194) |
| Corporate loans | ||
| Loans: | ||
| Loans, net of unearned income | 377,138 | 343,697 |
| Allowance for credit losses on loans (ACLL) | $ (3,451) | $ (3,053) |