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Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
OPERATING ACTIVITIES      
Net income $ 881 $ 914 $ 962
Adjustments to reconcile net income to net cash provided by (used in) operating activities      
Depreciation and amortization/(accretion) (499) 344 283
Net (gains) losses on trading securities (97) (18) (93)
Net (gains) losses on financial instruments held at fair value (12) 31 92
Net change in derivatives and hedging activities (1,379) 684 (573)
Gain (Loss) on Extinguishment of Debt 0 0 (2)
Other adjustments, net 8 22 2
Net change in:      
Accrued interest receivable (352) (101) (401)
Other assets (7) 5 (14)
Accrued interest payable (128) (307) 588
Other liabilities 29 41 106
Total adjustments (2,437) 701 (12)
Net cash provided by (used in) operating activities (1,556) 1,615 950
INVESTING ACTIVITIES      
Net change in interest-bearing deposits 1,182 (165) (1,976)
Net change in securities purchased under agreements to resell (5,140) (550) 1,190
Net change in federal funds sold (755) 1,945 2,295
Trading securities      
Proceeds from sales 347 596 389
Proceeds from maturities and paydowns 518 8 1,094
Purchases (2,351) (2,154) (1,725)
Available-for-sale securities      
Proceeds from maturities and paydowns 2,202 2,162 3,417
Purchases (3,436) (4,202) (10,833)
Held-to-maturity securities      
Proceeds from maturities and paydowns 308 85 106
Advances      
Repaid 685,944 428,461 569,885
Originated (695,392) (405,970) (580,732)
Mortgage loans held for portfolio      
Principal collected 1,413 1,088 810
Purchased (4,074) (3,032) (2,447)
Other investing activities, net (3) (7) (12)
Net cash provided by (used in) investing activities (19,237) 18,265 (18,539)
FINANCING ACTIVITIES      
Net change in deposits (189) 237 42
Net proceeds from issuance of consolidated obligations      
Discount notes 1,476,108 1,688,542 1,653,546
Bonds 122,893 55,883 139,265
Payments for maturing and retiring consolidated obligations      
Discount notes (1,455,687) (1,678,826) (1,668,653)
Bonds (122,297) (84,256) (106,847)
Proceeds from issuance of capital stock 11,139 8,516 11,087
Payments for repurchases/redemptions of capital stock (10,476) (9,399) (10,460)
Payments for repurchases/redemptions of mandatorily redeemable capital stock (122) (4) (7)
Cash dividends paid (575) (561) (442)
Net cash provided by (used in) financing activities 20,796 (19,870) 17,531
Net increase (decrease) in cash and due from banks 3 10 (58)
Cash and due from banks at beginning of the period 41 31 89
Cash and due from banks at end of the period 44 41 31
SUPPLEMENTAL DISCLOSURES      
Interest paid 8,006 8,278 7,512
Affordable Housing Program payments 74 51 49
Voluntary Grants and Donations 56 58 20
Capitalized interest on reverse mortgage investment securities 288 277 210
Capital stock reclassified to (from) mandatorily redeemable capital stock, net 143 1 4
Traded but not yet settled investment security purchases 0 162 691
Traded Not Settled Investment Payments or Calls 0 1 65
Payments for (Proceeds from) Hedge, Financing Activities $ (2) $ 2 $ 0