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Derivative Instruments - FV Gains and Losses (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains, net $ 799 $ (507) $ 2,152 $ 641  
Net contractual interest income (expense) on interest-rate swaps 7,808 8,286 15,207 15,028  
Interest income on mortgage loans 29,082 24,932 56,224 48,285  
Long-term debt (21,642) (16,820) (41,582) (33,637)  
Hedged asset, carrying amount 242,843   242,843   $ 174,080
Hedged asset, total basis adjustments (443)   (443)   134
Hedged asset, discontinued fair value, remaining adjustments (443)   (443)   134
Closed portfolio, amortized cost 70,938   70,938   56,786
Closed portfolio, designated UPB 5,649   5,649   4,389
Hedged liability, carrying amount (76,004)   (76,004)   (72,174)
Hedged liability, total basis adjustments 3,468   3,468   1,281
Hedged liability, discontinued fair value, remaining adjustments 3,468   3,468   $ 1,281
Pay-fixed Swap          
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains, net 1,174 (695) 3,299 1,512  
Receive-fixed Swap          
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains, net (1,106) 757 (3,366) (1,098)  
Basis Swap          
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains, net (63) 19 (131) (27)  
Foreign Currency Swap          
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains, net (36) 4 (60) (4)  
Pay-fixed Swaption          
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains, net 54 (58) 98 49  
Receive-fixed Swaption          
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains, net (10) 30 (13) (209)  
Futures          
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains, net (1) 0 (1) 1  
Risk Management Derivatives          
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains, net (16) 64 (213) 220  
Net contractual interest income (expense) on interest-rate swaps (28) 7 (39) (4)  
Mortgage commitment derivatives          
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains, net 844 (553) 2,416 529  
Credit enhancement derivatives          
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains, net (29) (18) (51) (108)  
Interest rate risk on held-for-investment mortgage loan | Interest Income          
Derivative Instruments, Gain (Loss) [Line Items]          
Gain (loss) in hedged item (344) 106 (582) 70  
Discontinued hedge related basis adjustment amortization 5 0 5 0  
Change in unrealized gain (loss) in derivatives designated as hedging instruments 337 (106) 564 (70)  
Interest accruals on hedging instruments (9) (5) (17) (5)  
Total effect of fair value hedges (11) (5) (30) (5)  
Interest rate risk on debt | Interest Expense          
Derivative Instruments, Gain (Loss) [Line Items]          
Gain (loss) in hedged item 748 (390) 2,371 805  
Discontinued hedge related basis adjustment amortization (119) (21) (184) (34)  
Change in unrealized gain (loss) in derivatives designated as hedging instruments (568) 423 (2,092) (791)  
Interest accruals on hedging instruments 7 59 54 113  
Total effect of fair value hedges $ 68 $ 71 $ 149 $ 93