v3.25.2
SUBSIDIARY GUARANTEES - Summarized Income Statement (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Condensed Income Statements        
Total revenues, net of interest expense [1] $ 21,668 $ 20,032 $ 43,264 $ 41,048
Total operating expenses [1] 13,577 13,246 27,002 27,353
Provision for credit losses 2,872 2,476 5,595 4,841
Income from continuing operations before income taxes 5,219 4,310 10,667 8,854
Provision (benefits) for income taxes 1,186 1,047 2,526 2,183
Citigroup’s net income $ 4,019 $ 3,217 8,083 $ 6,588
Citigroup Inc. | Reportable legal entities        
Condensed Income Statements        
Total revenues, net of interest expense     5,761  
Total operating expenses     116  
Provision for credit losses     0  
Equity in undistributed income of subsidiaries     1,576  
Income from continuing operations before income taxes     7,221  
Provision (benefits) for income taxes     (862)  
Citigroup’s net income     8,083  
CGMHI | Reportable legal entities        
Condensed Income Statements        
Total revenues, net of interest expense     6,740  
Total operating expenses     7,887  
Provision for credit losses     35  
Equity in undistributed income of subsidiaries     0  
Income from continuing operations before income taxes     (1,182)  
Provision (benefits) for income taxes     (520)  
Citigroup’s net income     $ (662)  
[1]     Effective January 1, 2025, certain transaction processing fees paid by Citi, primarily to credit card networks, which were previously presented within Other operating expenses, are presented as contra-revenue within Commissions and fees reported in Non-interest revenue. Prior periods were conformed to reflect this change in presentation.