10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CITIGROUP INC | |||
Ticker: C Fiscal Year: 2020 | |||
CONSOLIDATED STATEMENT OF CASH FLOWS | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 26, 2021) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| Cash flows from operating activities of continuing operations | |||
| Net income before attribution of noncontrolling interests | $ 11,087 | 19,467 | 18,080 |
| Net income attributable to noncontrolling interests | 40 | 66 | 35 |
| Citigroups net income | 11,047 | 19,401 | 18,045 |
| Loss from discontinued operations, net of taxes | (20) | (4) | (8) |
| Income from continuing operationsexcluding noncontrolling interests | 11,067 | 19,405 | 18,053 |
| Adjustments to reconcile net income to net cash provided by (used in) operating activities of continuing operations | |||
| Net gains on significant disposals | 0 | 0 [1] | (247) |
| Depreciation and amortization | 3,937 | 3,905 | 3,754 |
| Deferred income taxes | (2,333) | (610) | (51) |
| Provision for credit losses on loans and unfunded lending commitments | 17,368 | 8,310 | 7,467 |
| Realized gains from sales of investments | (1,756) | (1,474) | (421) |
| Impairment losses on investments and other assets | 165 | 32 | 132 |
| Change in trading account assets | (98,997) | (20,124) | (3,469) |
| Change in trading account liabilities | 48,133 | (24,411) | 19,135 |
| Change in brokerage receivables net of brokerage payables | (3,066) | (20,377) | 6,163 |
| Change in loans HFS | 1,202 | (909) | 770 |
| Change in other assets | (1,012) | 4,724 | (5,791) |
| Change in other liabilities | 558 | 1,737 | (984) |
| Other, net | 4,113 | 16,955 | (7,559) |
| Total adjustments | (31,688) | (32,242) | 18,899 |
| Net cash provided by (used in) operating activities of continuing operations | (20,621) | (12,837) | 36,952 |
| Cash flows from investing activities of continuing operations | |||
| Change in securities borrowed and purchased under agreements to resell | (43,390) | 19,362 | (38,206) |
| Change in loans | 14,249 | (22,466) | (29,002) |
| Proceeds from sales and securitizations of loans | 1,495 | 2,878 | 4,549 |
| Purchases of investments | (334,900) | (274,491) | (152,487) |
| Proceeds from sales of investments | 146,285 | 137,173 | 61,491 |
| Proceeds from maturities of investments | 124,229 | 119,051 | 83,604 |
| Proceeds from significant disposals | 0 | 0 | 314 |
| Capital expenditures on premises and equipment and capitalized software | (3,446) | (5,336) | (3,774) |
| Proceeds from sales of premises and equipment, subsidiaries and affiliates and repossessed assets | 50 | 259 | 212 |
| Other, net | 116 | 196 | 181 |
| Net cash used in investing activities of continuing operations | (95,312) | (23,374) | (73,118) |
| Cash flows from financing activities of continuing operations | |||
| Dividends paid | (5,352) | (5,447) | (5,020) |
| Issuance of preferred stock | 2,995 | 1,496 | 0 |
| Redemption of preferred stock | (1,500) | (1,980) | (793) |
| Treasury stock acquired | (2,925) | (17,571) | (14,433) |
| Stock tendered for payment of withholding taxes | (411) | (364) | (482) |
| Change in securities loaned and sold under agreements to repurchase | 33,186 | (11,429) | 21,491 |
| Issuance of long-term debt | 76,458 | 59,134 | 60,655 |
| Payments and redemptions of long-term debt | (63,402) | (51,029) | (58,132) |
| Change in deposits | 210,081 | 57,420 | 53,348 |
| Change in short-term borrowings | (15,535) | (12,106) | |
| Change in short-term borrowings | 12,703 | ||
| Net cash provided by financing activities of continuing operations | 233,595 | 42,933 | 44,528 |
| Effect of exchange rate changes on cash and due from banks | (1,966) | (908) | (773) |
| Change in cash, due from banks and deposits with banks | 115,696 | 5,814 | 7,589 |
| Cash, due from banks and deposits with banks at beginning of year | 193,919 | 188,105 | |
| Cash, due from banks and deposits with banks at end of year | 309,615 | 193,919 | 188,105 |
| Cash and due from banks (including segregated cash and other deposits) | 26,349 | 23,967 | 23,645 |
| Deposits with banks, net of allowance | 283,266 | 169,952 | 164,460 |
| Cash, due from banks and deposits with banks at end of period | 309,615 | 193,919 | 188,105 |
| Supplemental disclosure of cash flow information for continuing operations | |||
| Cash paid during the year for income taxes | 4,797 | 4,888 | 4,313 |
| Cash paid during the year for interest | 13,298 | 28,682 | 22,963 |
| Non-cash investing activities | |||
| Transfers to loans HFS (Other assets) from loans | 2,614 | 5,500 | 4,200 |
| [1] See Note 2 to the Consolidated Financial Statements for further information on significant disposals. | |||
| External Links | |
| CITIGROUP INC (C) Fiscal Year 2020 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |