10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CITIGROUP INC | |||
Ticker: C Fiscal Year: 2021 | |||
CONSOLIDATED STATEMENT OF CASH FLOWS | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 28, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Cash flows from operating activities of continuing operations | |||
| Net income before attribution of noncontrolling interests | $ 22,025 | 11,087 | 19,467 |
| Net income attributable to noncontrolling interests | 73 | 40 | 66 |
| Citigroups net income | 21,952 | 11,047 | 19,401 |
| Income (loss) from discontinued operations, net of taxes | 7 | (20) | (4) |
| Income from continuing operationsexcluding noncontrolling interests | 21,945 | 11,067 | 19,405 |
| Adjustments to reconcile net income to net cash provided by (used in) operating activities of continuing operations | |||
| Net loss on significant disposals | 700 | 0 | 0 |
| Depreciation and amortization | 3,964 | 3,937 | 3,905 |
| Deferred income taxes | 1,413 | (2,333) | (610) |
| Provision for credit losses on loans and unfunded lending commitments | (3,891) | 17,368 | 8,310 |
| Realized gains from sales of investments | (665) | (1,756) | (1,474) |
| Impairment losses on investments and other assets | 206 | 165 | 32 |
| Change in trading account assets | 43,059 | (98,997) | (20,124) |
| Change in trading account liabilities | (6,498) | 48,133 | (24,411) |
| Change in brokerage receivables net of brokerage payables | 1,412 | (3,066) | (20,377) |
| Change in loans HFS | (3,809) | 1,202 | (909) |
| Change in other assets | (2,139) | (1,012) | 4,724 |
| Change in other liabilities | 6,839 | 558 | 1,737 |
| Other, net | (1,287) | 4,113 | 16,955 |
| Total adjustments | 39,304 | (31,688) | (32,242) |
| Net cash provided by (used in) operating activities of continuing operations | 61,249 | (20,621) | (12,837) |
| Cash flows from investing activities of continuing operations | |||
| Change in securities borrowed and purchased under agreements to resell | (32,576) | (43,390) | 19,362 |
| Change in loans | (1,173) | 14,249 | (22,466) |
| Proceeds from sales and securitizations of loans | 2,918 | 1,495 | 2,878 |
| Purchases of investments | (359,158) | (334,900) | (274,491) |
| Proceeds from sales of investments | 126,728 | 146,285 | 137,173 |
| Proceeds from maturities of investments | 142,100 | 124,229 | 119,051 |
| Capital expenditures on premises and equipment and capitalized software | (4,119) | (3,446) | (5,336) |
| Proceeds from sales of premises and equipment, subsidiaries and affiliates and repossessed assets | 190 | 50 | 259 |
| Other, net | 185 | 116 | 196 |
| Net cash used in investing activities of continuing operations | (124,905) | (95,312) | (23,374) |
| Cash flows from financing activities of continuing operations | |||
| Dividends paid | (5,198) | (5,352) | (5,447) |
| Issuance of preferred stock | 3,300 | 2,995 | 1,496 |
| Redemption of preferred stock | (3,785) | (1,500) | (1,980) |
| Treasury stock acquired | (7,601) | (2,925) | (17,571) |
| Stock tendered for payment of withholding taxes | (337) | (411) | (364) |
| Change in securities loaned and sold under agreements to repurchase | (8,240) | 33,186 | (11,429) |
| Issuance of long-term debt | 70,658 | 76,458 | 59,134 |
| Payments and redemptions of long-term debt | (74,950) | (63,402) | (51,029) |
| Change in deposits | 44,966 | 210,081 | 57,420 |
| Change in short-term borrowings | (1,541) | (15,535) | |
| Change in short-term borrowings | 12,703 | ||
| Net cash provided by financing activities of continuing operations | 17,272 | 233,595 | 42,933 |
| Effect of exchange rate changes on cash and due from banks | (1,198) | (1,966) | (908) |
| Change in cash, due from banks and deposits with banks | (47,582) | 115,696 | 5,814 |
| Cash, due from banks and deposits with banks at beginning of year | 309,615 | 193,919 | 188,105 |
| Cash, due from banks and deposits with banks at end of year | 262,033 | 309,615 | 193,919 |
| Cash and due from banks (including segregated cash and other deposits) | 27,515 | 26,349 | 23,967 |
| Deposits with banks, net of allowance | 234,518 | 283,266 | 169,952 |
| Cash, due from banks and deposits with banks at end of period | 262,033 | 309,615 | 193,919 |
| Supplemental disclosure of cash flow information for continuing operations | |||
| Cash paid during the year for income taxes | 4,028 | 4,797 | 4,888 |
| Cash paid during the year for interest | 7,143 | 12,094 | 27,901 |
| Non-cash investing and financing activities | |||
| Decrease in net loans associated with significant disposals reclassified to HFS | 9,945 | 0 | 0 |
| Transfers to loans HFS (Other assets) from loans | 7,414 | 2,614 | 5,500 |
| Decrease in long-term debt associated with significant disposals reclassified to HFS | 479 | 0 | 0 |
| Decrease in deposits associated with significant disposals reclassified to HFS | 8,407 | 0 | 0 |
| External Links | |
| CITIGROUP INC (C) Fiscal Year 2021 | |
| 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 |