sources of liquidity primary sources of liquidity for citigroup and its principal subsidiaries include : 2022 deposits ; 2022 collateralized financing transactions ; 2022 senior and subordinated debt ; 2022 commercial paper ; 2022 trust preferred and preferred securities ; and 2022 purchased/wholesale funds .citigroup 2019s funding sources are diversified across funding types and geography , a benefit of its global franchise .funding for citigroup and its major operating subsidiaries includes a geographically diverse retail and corporate deposit base of $ 774.2 billion .these deposits are diversified across products and regions , with approximately two-thirds of them outside of the u.s .this diversification provides the company with an important , stable and low-cost source of funding .a significant portion of these deposits has been , and is expected to be , long-term and stable , and are considered to be core .there are qualitative as well as quantitative assessments that determine the company 2019s calculation of core deposits .the first step in this process is a qualitative assessment of the deposits .for example , as a result of the company 2019s qualitative analysis certain deposits with wholesale funding characteristics are excluded from consideration as core .deposits that qualify under the company 2019s qualitative assessments are then subjected to quantitative analysis .excluding the impact of changes in foreign exchange rates and the sale of our retail banking operations in germany during the year ending december 31 , 2008 , the company 2019s deposit base remained stable .on a volume basis , deposit increases were noted in transaction services , u.s .retail banking and smith barney .this was partially offset by the company 2019s decision to reduce deposits considered wholesale funding , consistent with the company 2019s de-leveraging efforts , and declines in international consumer banking and the private bank .citigroup and its subsidiaries have historically had a significant presence in the global capital markets .the company 2019s capital markets funding activities have been primarily undertaken by two legal entities : ( i ) citigroup inc. , which issues long-term debt , medium-term notes , trust preferred securities , and preferred and common stock ; and ( ii ) citigroup funding inc .( cfi ) , a first-tier subsidiary of citigroup , which issues commercial paper , medium-term notes and structured equity-linked and credit-linked notes , all of which are guaranteed by citigroup .other significant elements of long- term debt on the consolidated balance sheet include collateralized advances from the federal home loan bank system , long-term debt related to the consolidation of icg 2019s structured investment vehicles , asset-backed outstandings , and certain borrowings of foreign subsidiaries .each of citigroup 2019s major operating subsidiaries finances its operations on a basis consistent with its capitalization , regulatory structure and the environment in which it operates .particular attention is paid to those businesses that for tax , sovereign risk , or regulatory reasons cannot be freely and readily funded in the international markets .citigroup 2019s borrowings have historically been diversified by geography , investor , instrument and currency .decisions regarding the ultimate currency and interest rate profile of liquidity generated through these borrowings can be separated from the actual issuance through the use of derivative instruments .citigroup is a provider of liquidity facilities to the commercial paper programs of the two primary credit card securitization trusts with which it transacts .citigroup may also provide other types of support to the trusts .as a result of the recent economic downturn , its impact on the cashflows of the trusts , and in response to credit rating agency reviews of the trusts , the company increased the credit enhancement in the omni trust , and plans to provide additional enhancement to the master trust ( see note 23 to consolidated financial statements on page 175 for a further discussion ) .this support preserves investor sponsorship of our card securitization franchise , an important source of liquidity .banking subsidiaries there are various legal limitations on the ability of citigroup 2019s subsidiary depository institutions to extend credit , pay dividends or otherwise supply funds to citigroup and its non-bank subsidiaries .the approval of the office of the comptroller of the currency , in the case of national banks , or the office of thrift supervision , in the case of federal savings banks , is required if total dividends declared in any calendar year exceed amounts specified by the applicable agency 2019s regulations .state-chartered depository institutions are subject to dividend limitations imposed by applicable state law .in determining the declaration of dividends , each depository institution must also consider its effect on applicable risk-based capital and leverage ratio requirements , as well as policy statements of the federal regulatory agencies that indicate that banking organizations should generally pay dividends out of current operating earnings .non-banking subsidiaries citigroup also receives dividends from its non-bank subsidiaries .these non-bank subsidiaries are generally not subject to regulatory restrictions on dividends .however , as discussed in 201ccapital resources and liquidity 201d on page 94 , the ability of cgmhi to declare dividends can be restricted by capital considerations of its broker-dealer subsidiaries .cgmhi 2019s consolidated balance sheet is liquid , with the vast majority of its assets consisting of marketable securities and collateralized short-term financing agreements arising from securities transactions .cgmhi monitors and evaluates the adequacy of its capital and borrowing base on a daily basis to maintain liquidity and to ensure that its capital base supports the regulatory capital requirements of its subsidiaries .some of citigroup 2019s non-bank subsidiaries , including cgmhi , have credit facilities with citigroup 2019s subsidiary depository institutions , including citibank , n.a .borrowings under these facilities must be secured in accordance with section 23a of the federal reserve act .there are various legal restrictions on the extent to which a bank holding company and certain of its non-bank subsidiaries can borrow or obtain credit from citigroup 2019s subsidiary depository institutions or engage in certain other transactions with them .in general , these restrictions require that transactions be on arm 2019s length terms and be secured by designated amounts of specified collateral .see note 20 to the consolidated financial statements on page 169 .at december 31 , 2008 , long-term debt and commercial paper outstanding for citigroup , cgmhi , cfi and citigroup 2019s subsidiaries were as follows : in billions of dollars citigroup parent company cgmhi ( 2 ) citigroup funding inc .( 2 ) citigroup subsidiaries long-term debt $ 192.3 $ 20.6 $ 37.4 $ 109.3 ( 1 ) .
[['in billions of dollars', 'citigroup parent company', 'cgmhi ( 2 )', 'citigroup funding inc. ( 2 )', 'other citigroup subsidiaries', ''], ['long-term debt', '$ 192.3', '$ 20.6', '$ 37.4', '$ 109.3', '-1 ( 1 )'], ['commercial paper', '$ 2014', '$ 2014', '$ 28.6', '$ 0.5', '']]
( 1 ) at december 31 , 2008 , approximately $ 67.4 billion relates to collateralized advances from the federal home loan bank .( 2 ) citigroup inc .guarantees all of cfi 2019s debt and cgmhi 2019s publicly issued securities. .

Question: what is the total commercial paper in billions of dollars for citigroup , cgmhi , cfi and citigroup 2019s subsidiaries at december 31 , 2008?
Answer: 29.1