XML 92 R62.htm IDEA: XBRL DOCUMENT v3.23.2
Segment Reporting (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
USD ($)
Jun. 30, 2022
USD ($)
Jun. 30, 2023
USD ($)
segment
Jun. 30, 2022
USD ($)
Segment Reporting Information [Line Items]        
Number of reportable business segments | segment     2  
Net interest income $ 7,035 $ 7,808 $ 13,821 $ 15,207
Fee and other income 70 81 133 164
Net revenues 7,105 7,889 13,954 15,371
Investment gains (losses), net 25 (49) (42) (151)
Fair value gains, net 404 529 608 1,009
Administrative expenses (864) (795) (1,732) (1,603)
Benefit (provision) for credit losses 1,266 (218) 1,134 (458)
TCCA fees (856) (841) (1,711) (1,665)
Credit enhancement expense (384) (332) (725) (610)
Change in expected credit enhancement recoveries (160) (47) (40) 13
Other expenses, net (257) (261) (387) (458)
Income before federal income taxes 6,279 5,875 11,059 11,448
Provision for federal income taxes (1,285) (1,222) (2,293) (2,387)
Net income 4,994 4,653 8,766 9,061
US Treasury        
Segment Reporting Information [Line Items]        
TCCA fees (856) (841) (1,711) (1,665)
Business segments | Single-Family        
Segment Reporting Information [Line Items]        
Net interest income 5,917 6,573 11,589 12,828
Fee and other income 52 60 100 121
Net revenues 5,969 6,633 11,689 12,949
Investment gains (losses), net 27 (27) (44) (93)
Fair value gains, net 460 543 626 1,070
Administrative expenses (718) (671) (1,438) (1,354)
Benefit (provision) for credit losses 1,418 (206) 1,465 (476)
Credit enhancement expense (327) (270) (614) (480)
Change in expected credit enhancement recoveries (223) (43) (128) 26
Other expenses, net (203) (224) (319) (388)
Income before federal income taxes 5,547 4,894 9,526 9,589
Provision for federal income taxes (1,153) (1,008) (2,000) (1,994)
Net income 4,394 3,886 7,526 7,595
Business segments | Single-Family | US Treasury        
Segment Reporting Information [Line Items]        
TCCA fees (856) (841) (1,711) (1,665)
Business segments | Multifamily        
Segment Reporting Information [Line Items]        
Net interest income 1,118 1,235 2,232 2,379
Fee and other income 18 21 33 43
Net revenues 1,136 1,256 2,265 2,422
Investment gains (losses), net (2) (22) 2 (58)
Fair value gains, net (56) (14) (18) (61)
Administrative expenses (146) (124) (294) (249)
Benefit (provision) for credit losses (152) (12) (331) 18
Credit enhancement expense (57) (62) (111) (130)
Change in expected credit enhancement recoveries 63 (4) 88 (13)
Other expenses, net (54) (37) (68) (70)
Income before federal income taxes 732 981 1,533 1,859
Provision for federal income taxes (132) (214) (293) (393)
Net income 600 767 1,240 1,466
Business segments | Multifamily | US Treasury        
Segment Reporting Information [Line Items]        
TCCA fees $ 0 $ 0 $ 0 $ 0