v3.25.2
CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities of continuing operations    
Net income before attribution of noncontrolling interests $ 8,140 $ 6,670
Net income attributable to noncontrolling interests 57 82
Citigroup’s net income 8,083 6,588
Income (loss) from discontinued operations, net of taxes (1) (1)
Income from continuing operations—excluding noncontrolling interests 8,084 6,589
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] 186 0
Depreciation and amortization 2,147 2,211
Deferred income taxes 220 (953)
Provisions for credit losses and for benefits and claims 5,595 4,841
Realized gains from sales of investments (259) (138)
Impairment losses on investments and other assets 97 47
Change in trading account assets (125,897) (34,677)
Change in trading account liabilities 30,106 (4,086)
Change in brokerage receivables net of brokerage payables 11,160 (566)
Change in loans held-for-sale (HFS) (4,810) (1,281)
Change in other assets (8,588) (1,528)
Change in other liabilities [2] 437 (6,470)
Other, net (13,765) 8,220
Total adjustments (103,371) (34,380)
Net cash provided by (used in) operating activities of continuing operations (95,287) (27,791)
Cash flows from investing activities of continuing operations    
Change in securities borrowed and purchased under agreements to resell (49,830) 27,730
Change in loans (40,293) (5,440)
Proceeds from sales and securitizations of loans 2,063 1,667
Available-for-sale (AFS) debt securities    
Purchases of investments (140,047) (129,401)
Proceeds from sales of investments 54,554 23,392
Proceeds from maturities of investments 91,153 108,561
Held-to-maturity (HTM) debt securities    
Purchases of investments (5,006) (7,393)
Proceeds from maturities of investments 41,335 10,247
Capital expenditures on premises and equipment and capitalized software (3,272) (3,251)
Proceeds from sales of premises and equipment and repossessed assets 16 174
Other, net 378 827
Net cash provided by (used in) investing activities of continuing operations (48,949) 27,113
Cash flows from financing activities of continuing operations    
Dividends paid (2,651) (2,543)
Issuance of preferred stock 1,995 2,291
Redemption of preferred stock (3,500) (1,800)
Treasury stock acquired(3) [3] (3,750) (524)
Stock tendered for payment of withholding taxes (770) (443)
Change in securities loaned and sold under agreements to repurchase 93,158 27,099
Issuance of long-term debt 67,498 48,083
Payments and redemptions of long-term debt (46,333) (49,245)
Change in deposits 79,363 (30,544)
Change in short-term borrowings 7,055 1,237
Net cash provided by (used in) financing activities of continuing operations 192,065 (6,389)
Effect of exchange rate changes on cash, due from banks and deposits with banks 13,112 (7,731)
Change in cash, due from banks and deposits with banks 60,941 (14,798)
Cash, due from banks and deposits with banks at beginning of period 276,532 260,932
Cash, due from banks and deposits with banks at end of period 337,473 246,134
Cash and due from banks (including segregated cash and other deposits) 24,991 26,917
Deposits with banks, net of allowance 312,482 219,217
Cash, due from banks and deposits with banks at end of period 337,473 246,134
Supplemental disclosure of cash flow information for continuing operations    
Cash paid during the period for income taxes [4] 3,167 3,181
Cash paid during the period for interest 39,284 44,179
Non-cash investing activities    
Loans Receivable Held-for-sale, Reconciliation to Cash Flow, Additions to Held-for-sale [1],[5] 1,680 0
Transfers to loans HFS (Other assets) from loans HFI [1],[5] 1,942 2,359
Decrease in deposits associated with divestitures reclassified to HFS [1] $ 6,088 $ 0
[1]     See Note 2.
[2]     Includes balances related to the FDIC special assessment and restructuring charges (see Notes 17 and 9, respectively).
[3] Balances based on transaction date.
[4] Includes net cash paid (received) for purchases and sales of nonrefundable, transferable tax credits.
[5] 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 26 for more information and balances as of June 30, 2025.