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SUBSIDIARY GUARANTEES
 9 Months Ended
Sep. 30, 2025
Condensed Financial Information Disclosure [Abstract]  
SUBSIDIARY GUARANTEES SUBSIDIARY GUARANTEES
Citigroup Inc. has fully and unconditionally guaranteed the payments due on debt securities issued by Citigroup Global Markets Holdings Inc. (CGMHI), a wholly owned subsidiary, under the Senior Debt Indenture dated as of March 8, 2016, between CGMHI, Citigroup Inc. and The Bank of New York Mellon, as trustee. In addition, Citigroup Capital III and Citigroup Capital XIII (collectively, the Capital Trusts), each of which is a wholly owned finance subsidiary of Citigroup Inc., have issued trust preferred securities. Citigroup Inc. has guaranteed the payments due on the trust preferred securities
to the extent that the Capital Trusts have insufficient available funds to make payments on the trust preferred securities. The guarantee, together with Citigroup Inc.’s other obligations with respect to the trust preferred securities, effectively provides a full and unconditional guarantee of amounts due on the trust preferred securities (see Note 18). No other subsidiary of Citigroup Inc. guarantees the debt securities issued by CGMHI or the trust preferred securities issued by the Capital Trusts.
Summarized financial information for Citigroup Inc. and CGMHI is presented in the tables below:

SUMMARIZED INCOME STATEMENT

Nine Months Ended
September 30, 2025
In millions of dollarsCitigroup parent companyCGMHI
Total revenues, net of interest expense$8,721 $10,082 
Total operating expenses181 11,078 
Provision for credit losses— 41 
Equity in undistributed income of subsidiaries1,836 — 
Income (loss) from continuing operations before income taxes$10,376 $(1,037)
Provision (benefit) for income taxes(1,459)(337)
Net income (loss)$11,835 $(700)


SUMMARIZED BALANCE SHEET

September 30, 2025December 31, 2024
In millions of dollarsCitigroup parent companyCGMHICitigroup parent companyCGMHI
Cash and deposits with banks$5,785 $24,324 $4,014 $19,464 
Securities borrowed and purchased under resale agreements— 249,761 — 215,995 
Trading account assets160 360,123 203 294,396 
Advances to subsidiaries156,499 — 150,790 — 
Investments in subsidiary bank holding company186,086 — 179,253 — 
Investments in non-bank subsidiaries43,727 — 46,549 — 
Other assets(1)
16,592 184,444 14,642 158,080 
Total assets$408,849 $818,652 $395,451 $687,935 
Securities loaned and sold under agreements to repurchase$— $341,866 $— $268,178 
Trading account liabilities2 109,478 69 89,146 
Short-term borrowings— 29,418 — 29,410 
Long-term debt174,661 203,302 164,024 184,516 
Advances from subsidiaries18,574 — 19,974 — 
Other liabilities2,589 98,836 2,786 80,486 
Stockholders’ equity213,023 35,752 208,598 36,199 
Total liabilities and equity$408,849 $818,652 $395,451 $687,935 

(1)    Other assets of CGMHI includes loans to affiliates of $100 billion and $91 billion at September 30, 2025 and December 31, 2024, respectively.