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Derivative Instruments - FV Gains and Losses (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains, net $ 1,353 $ 1,148  
Net contractual interest expense on interest-rate swaps 7,399 6,742  
Interest income on mortgage loans 27,142 23,353  
Long-term debt (19,940) (16,817)  
Hedged asset, carrying amount 208,820   $ 174,080
Hedged asset, total basis adjustments (104)   134
Hedged asset, discontinued fair value, remaining adjustments (104)   134
Closed portfolio, amortized cost 62,004   56,786
Closed portfolio, designated UPB 5,379   4,389
Hedged liability, carrying amount (76,619)   (72,174)
Hedged liability, total basis adjustments 2,838   1,281
Hedged liability, discontinued fair value, remaining adjustments 2,838   $ 1,281
Pay-fixed Swap      
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains, net 2,125 2,207  
Receive-fixed Swap      
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains, net (2,260) (1,855)  
Basis Swap      
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains, net (68) (46)  
Foreign Currency Swap      
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains, net (24) (8)  
Pay-fixed Swaption      
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains, net 44 107  
Receive-fixed Swaption      
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains, net (3) (239)  
Futures      
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains, net 0 1  
Risk Management Derivatives      
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains, net (197) 156  
Net contractual interest expense on interest-rate swaps (11) (11)  
Mortgage commitment derivatives      
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains, net 1,572 1,082  
Credit enhancement derivatives      
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains, net (22) (90)  
Interest rate risk on held-for-investment mortgage loan | Interest Income      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (loss) in hedged item (238) (36)  
Discontinued hedge related basis adjustment amortization 0 0  
Change in unrealized gain (loss) in derivatives designated as hedging instruments 227 36  
Interest accruals on hedging instruments (8) 0  
Total effect of fair value hedges (19) 0  
Interest rate risk on debt | Interest Expense      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (loss) in hedged item 1,623 1,195  
Discontinued hedge related basis adjustment amortization (65) (13)  
Change in unrealized gain (loss) in derivatives designated as hedging instruments (1,524) (1,214)  
Interest accruals on hedging instruments 47 54  
Total effect of fair value hedges $ 81 $ 22