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Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
OPERATING ACTIVITIES      
Net income $ 384 $ 460 $ 518
Adjustments to reconcile net income to net cash provided by (used in) operating activities      
Depreciation and amortization (60) 86 26
Net (gains) losses on trading securities (28) 15 (1)
Net change in derivatives and hedging activities (32) 147 5
Other adjustments 4 0 5
Net change in:      
Accrued interest receivable (22) (163) (86)
Other assets (12) 4 (6)
Accrued interest payable (15) 57 30
Other liabilities 9 14 (7)
Total adjustments (156) 160 (34)
Net Cash Provided by (Used in) Operating Activities 228 620 484
INVESTING ACTIVITIES      
Interest-bearing deposits (143) 69 91
Securities purchased under agreements to resell (9,250) (100) 1,325
Federal funds sold (455) 100 845
Loans to other FHLBanks 0 0 200
Trading securities      
Proceeds from maturities 55 247 1,377
Available-for-Sale securities      
Proceeds from sales and maturities 2,668 3,541 2,576
Purchases 0 1,812 402
Held-to-maturity securities      
Proceeds from sales and maturities 611 641 1,014
Advances      
Principal collected 290,808 301,462 295,221
Originated (264,580) (305,197) (266,362)
Mortgage loans held for portfolio      
Principal collected 1,555 903 1,040
Originated or purchased (3,074) (1,662) (1,245)
Payments for (Proceeds from) Other Investing Activities (6) (20) (24)
Net Cash Provided by (Used in) Investing Activities 18,189 (1,828) 35,656
FINANCING ACTIVITIES      
Net change in deposits 5 (5) (2)
Proceeds from Federal Home Loan Bank Borrowings (500) (100) 600
Net payments on derivative contracts with financing elements 0 (1) (4)
Net proceeds from issuance of consolidated obligations      
Discount notes 121,189 161,907 191,047
Bonds 66,684 46,812 67,555
Payments for maturing and retiring consolidated obligations      
Discount notes (134,443) (155,794) (235,329)
Bonds (69,227) (51,962) (58,418)
Proceeds from issuance of capital stock 7,205 7,987 5,602
Payments for repurchases/redemptions of capital stock (8,091) (7,588) (6,407)
Net payments for repurchases/redemptions of mandatorily redeemable capital stock (60) (183) (323)
Cash dividends paid (269) (249) (181)
Net Cash Provided by (Used in) Financing Activities (17,507) 824 (35,860)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 910 (384) 280
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning Balance 119 503 223
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Ending Balance 1,029 119 503
SUPPLEMENTAL DISCLOSURES      
Interest paid 3,245 2,740 1,776
Affordable Housing Program payments 40 44 34
Capitalized interest on reverse mortgage securities 122 95 60
Mortgage loan charge-offs 0 1 1
Transfers of mortgage loans to real estate owned 2 3 6
Net Shares Reclassified to Mandatorily Redeemable Capital Stock, Value 11 $ 53 $ 44
Operating Lease, Right-of-Use Asset 3    
Operating Lease, Liability $ 3