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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows provided by (used in) operating activities:      
Net income $ 14,160 $ 15,959 $ 2,463
Reconciliation of net income to net cash provided by operating activities:      
Amortization of cost basis adjustments (6,002) (5,949) (6,641)
Benefit for credit losses (4,011) (3,309) (2,041)
Valuation gains (1,809) (911) (1,573)
Current and deferred federal income taxes 1,517 3,680 14,369
Net gains related to the disposition of acquired property and preforeclosure sales, including credit enhancements (917) (1,785) (2,426)
Other, net (98) 440 (406)
Net change in trading securities (1,630) (5,454) 4,511
Interest Paid, Excluding Capitalized Interest, Operating Activities (5,964) (423) (4,043)
Net cash provided by (used in) operating activities (4,754) 2,248 4,213
Cash flows provided by investing activities:      
Proceeds from maturities and paydowns of trading securities held for investment 58 182 1,206
Proceeds from sales of trading securities held for investment 49 96 241
Proceeds from maturities and paydowns of available-for-sale securities 469 695 2,009
Proceeds from sales of available-for-sale securities 537 760 1,990
Purchases of loans held for investment (261,808) (172,155) (189,593)
Advances to lenders (141,395) (108,294) (123,687)
Proceeds from disposition of acquired property and preforeclosure sales 7,425 9,321 12,221
Net change in federal funds sold and securities purchased under agreements to resell or similar arrangements 19,360 (13,468) 10,945
Other, net (80) 78 641
Net cash provided by investing activities 207,052 150,853 184,408
Cash flows used in financing activities:      
Payments of cash dividends on senior preferred stock to Treasury (5,601) (9,372) (12,015)
Proceeds from senior preferred stock purchase agreement with Treasury 0 3,687 0
Other, net 480 63 6
Net cash used in financing activities (190,314) (163,938) (190,538)
Net increase (decrease) in cash, cash equivalents and restricted cash 11,984 (10,837) (1,917)
Cash, cash equivalents and restricted cash at beginning of period 49,423 60,260 62,177
Cash, cash equivalents and restricted cash at end of period 61,407 49,423 60,260
Cash paid during the period for:      
Interest 121,542 110,415 109,480
Income taxes 1,900 460 3,090
Non-cash activities:      
Net mortgage loans acquired by assuming debt 273,174 231,478 258,312
Net transfers from mortgage loans of Fannie Mae to mortgage loans of consolidated trusts 248,463 185,310 193,809
Transfers from advances to lenders to loans held for investment of consolidated trusts 128,272 102,865 118,282
Net transfers from mortgage loans to acquired property 6,681 8,131 10,262
Fannie Mae [Member]      
Cash flows provided by investing activities:      
Proceeds from repayments of loans acquired as held for investment 12,508 15,082 22,557
Proceeds from sales of loans acquired as held for investment 17,794 17,511 10,241
Cash flows used in financing activities:      
Proceeds from the issuance of debt 789,572 789,355 1,034,742
Payments to redeem debt (834,294) (834,366) (1,082,427)
Consolidated Trusts [Member]      
Cash flows provided by investing activities:      
Proceeds from repayments of loans acquired as held for investment 552,135 401,045 435,637
Cash flows used in financing activities:      
Proceeds from the issuance of debt 435,235 357,846 383,793
Payments to redeem debt $ (575,706) $ (471,151) $ (514,637)