Intercompany derivative and related collateral assets and liabilities subject to enforceable netting agreements

  
Condensed Consolidating Balance Sheet  


|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | December 31, 2020 |
| In millions of dollars | Citigroup parent company | CGMHI | Other Citigroup subsidiaries and eliminations | Consolidating adjustments | Citigroup consolidated |
| Assets |  |  |  |  |  |
| Cash and due from banks | $ | —  |  | $ | 628  |  | $ | 25,721  |  | $ | —  |  | $ | 26,349  |  |
| Cash and due from banks—intercompany | 16  |  | 6,081  |  | (6,097) |  | —  |  | —  |  |
| Deposits with banks, net of allowance | —  |  | 5,224  |  | 278,042  |  | —  |  | 283,266  |  |
| Deposits with banks—intercompany | 4,500  |  | 8,179  |  | (12,679) |  | —  |  | —  |  |
| Securities borrowed and purchased under resale agreements | —  |  | 238,718  |  | 55,994  |  | —  |  | 294,712  |  |
| Securities borrowed and purchased under resale agreements—intercompany | —  |  | 24,309  |  | (24,309) |  | —  |  | —  |  |
| Trading account assets | 307  |  | 222,278  |  | 152,494  |  | —  |  | 375,079  |  |
| Trading account assets—intercompany(1) | 723  |  | 2,340  |  | (3,063) |  | —  |  | —  |  |
| Investments, net of allowance | 1  |  | 374  |  | 446,984  |  | —  |  | 447,359  |  |
| Loans, net of unearned income | —  |  | 2,524  |  | 673,359  |  | —  |  | 675,883  |  |
| Loans, net of unearned income—intercompany | —  |  | —  |  | —  |  | —  |  | —  |  |
| Allowance for credit losses on loans (ACLL) | —  |  | —  |  | (24,956) |  | —  |  | (24,956) |  |
| Total loans, net | $ | —  |  | $ | 2,524  |  | $ | 648,403  |  | $ | —  |  | $ | 650,927  |  |
| Advances to subsidiaries | $ | 152,383  |  | $ | —  |  | $ | (152,383) |  | $ | —  |  | $ | —  |  |
| Investments in subsidiaries | 213,267  |  | —  |  | —  |  | (213,267) |  | —  |  |
| Other assets, net of allowance(2) | 12,156  |  | 60,273  |  | 109,969  |  | —  |  | 182,398  |  |
| Other assets—intercompany | 2,781  |  | 51,489  |  | (54,270) |  | —  |  | —  |  |
| Total assets | $ | 386,134  |  | $ | 622,417  |  | $ | 1,464,806  |  | $ | (213,267) |  | $ | 2,260,090  |  |
| Liabilities and equity |  |  |  |  |  |
| Deposits  | $ | —  |  | $ | —  |  | $ | 1,280,671  |  | $ | —  |  | $ | 1,280,671  |  |
| Deposits—intercompany | —  |  | —  |  | —  |  | —  |  | —  |  |
| Securities loaned and sold under repurchase agreements | —  |  | 184,786  |  | 14,739  |  | —  |  | 199,525  |  |
| Securities loaned and sold under repurchase agreements—intercompany | —  |  | 76,590  |  | (76,590) |  | —  |  | —  |  |
| Trading account liabilities | —  |  | 113,100  |  | 54,927  |  | —  |  | 168,027  |  |
| Trading account liabilities—intercompany(1) | 397  |  | 1,531  |  | (1,928) |  | —  |  | —  |  |
| Short-term borrowings | —  |  | 12,323  |  | 17,191  |  | —  |  | 29,514  |  |
| Short-term borrowings—intercompany | —  |  | 12,757  |  | (12,757) |  | —  |  | —  |  |
| Long-term debt | 170,563  |  | 47,732  |  | 53,391  |  | —  |  | 271,686  |  |
| Long-term debt—intercompany | —  |  | 67,322  |  | (67,322) |  | —  |  | —  |  |
| Advances from subsidiaries  | 12,975  |  | —  |  | (12,975) |  | —  |  | —  |  |
| Other liabilities, including allowance | 2,692  |  | 55,217  |  | 52,558  |  | —  |  | 110,467  |  |
| Other liabilities—intercompany | 65  |  | 15,378  |  | (15,443) |  | —  |  | —  |  |
| Stockholders’ equity | 199,442  |  | 35,681  |  | 178,344  |  | (213,267) |  | 200,200  |  |
| Total liabilities and equity | $ | 386,134  |  | $ | 622,417  |  | $ | 1,464,806  |  | $ | (213,267) |  | $ | 2,260,090  |  |

  
(1)The balances of Trading account assets—intercompany and Trading account liabilities—intercompany within CGMHI and within Other Citigroup subsidiaries and eliminations have been revised to reflect the netting of $7 billion of intercompany derivative and related collateral assets and liabilities subject to enforceable netting agreements. Because the adjustment was limited to transactions between affiliated entities, it had no impact to Citigroup consolidated. (2)Other assets for Citigroup parent company at December 31, 2020 included $29.5 billion of placements to Citibank and its branches, of which $24.3 billion had a remaining term of less than 30 days.   
  
310
