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Fair Value - Level 3 Rollforward (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Fair Value, Liability, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement Of Income, Extensible List Not Disclosed Flag Total long-term debt Total long-term debt Total long-term debt Total long-term debt
Fair Value, Recurring Basis, Unobservable Input, Reconciliation, Liability Gain (Loss), Statement Of Income, Extensible List, Not Disclosed Flag Included in Net Income Included in Net Income Included in Net Income Included in Net Income
Fair Value, Recurring Basis, Unobservable Input, Reconciliation, Asset Gain (Loss), Statement Of Income, Extensible List, Not Disclosed Flag Included in Net Income Included in Net Income Included in Net Income Included in Net Income
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement Of Income, Extensible List Not Disclosed Flag Net Unrealized Gains (Losses) Included in Net Income Related to Assets and Liabilities Still Held as of June 30, 2023(4)(5) Net Unrealized Gains (Losses) Included in Net Income Related to Assets and Liabilities Still Held as of June 30, 2022(4)(5) Net Unrealized Gains (Losses) Included in Net Income Related to Assets and Liabilities Still Held as of June 30, 2023(4)(5) Net Unrealized Gains (Losses) Included in Net Income Related to Assets and Liabilities Still Held as of June 30, 2022(4)(5)
Total available-for-sale securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance $ 622 $ 727 $ 634 $ 753
Total gains (losses) (realized/unrealized) included in net income 4 0 6 (7)
Total gains (losses) (realized/unrealized) Included in OCI (loss) 3 (1) 6 (6)
Purchases 0 0 0 0
Sales 0 0 0 0
Issues 0 0 0 0
Settlements (37) (33) (55) (46)
Transfers out of Level 3 (1) 0 (1) (2)
Transfers into Level 3 0 0 1 1
Ending Balance 591 693 591 693
Net unrealized gain (losses) related to assets 3 (2) 4 (5)
Mortgage loans        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 526 668 543 755
Total gains (losses) (realized/unrealized) included in net income (4) (23) 3 (48)
Total gains (losses) (realized/unrealized) Included in OCI (loss) 0 0 0 0
Purchases 0 0 0 0
Sales 0 (2) 0 (2)
Issues 0 0 0 0
Settlements (20) (41) (45) (82)
Transfers out of Level 3 (6) (16) (15) (60)
Transfers into Level 3 14 13 24 36
Ending Balance 510 599 510 599
Net unrealized gain (losses) related to assets (5) (23) 1 (42)
Net derivatives        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance (38) 57 (37) 131
Total gains (losses) (realized/unrealized) included in net income 38 (75) 32 (157)
Total gains (losses) (realized/unrealized) Included in OCI (loss) 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Issues 0 0 0 0
Settlements 12 11 17 19
Transfers out of Level 3 0 0 0 0
Transfers into Level 3 0 0 0 0
Ending Balance 12 (7) 12 (7)
Net unrealized gain (losses) related to assets 51 (64) 49 (138)
Long-term debt:        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance (383) (468) (378) (468)
Total gains (losses) (realized/unrealized) included in net income (4) 54 (14) 122
Total gains (losses) (realized/unrealized) included in OCI (loss) 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Issues 0 0 0 (86)
Settlements 6 9 11 27
Transfers out of Level 3 0 0 0 1
Transfers into Level 3 0 0 0 (1)
Ending Balance (381) (405) (381) (405)
Net unrealized gain (losses) related to liabilities (4) 55 (14) 123
Fannie Mae | Long-term debt:        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance (250) (307) (242) (373)
Total gains (losses) (realized/unrealized) included in net income (6) 54 (14) 120
Total gains (losses) (realized/unrealized) included in OCI (loss) 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Issues 0 0 0 0
Settlements 0 0 0 0
Transfers out of Level 3 0 0 0 0
Transfers into Level 3 0 0 0 0
Ending Balance (256) (253) (256) (253)
Net unrealized gain (losses) related to liabilities (6) 54 (14) 120
Consolidated Trusts | Long-term debt:        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance (133) (161) (136) (95)
Total gains (losses) (realized/unrealized) included in net income 2 0 0 2
Total gains (losses) (realized/unrealized) included in OCI (loss) 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Issues 0 0 0 (86)
Settlements 6 9 11 27
Transfers out of Level 3 0 0 0 1
Transfers into Level 3 0 0 0 (1)
Ending Balance (125) (152) (125) (152)
Net unrealized gain (losses) related to liabilities 2 1 0 3
Mortgage-related | Total trading securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 32 47 47 57
Total gains (losses) (realized/unrealized) included in net income (2) (2) (8) (8)
Total gains (losses) (realized/unrealized) Included in OCI (loss) 0 0 0 0
Purchases 0 0 0 0
Sales 0 0 0 0
Issues 0 0 0 0
Settlements 0 (1) 0 (1)
Transfers out of Level 3 (2) (5) (11) (14)
Transfers into Level 3 0 37 0 42
Ending Balance 28 76 28 76
Net unrealized gain (losses) related to assets (1) (1) (5) (3)
Agency securities | Total available-for-sale securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 362 418 371 431
Total gains (losses) (realized/unrealized) included in net income 1 0 1 1
Total gains (losses) (realized/unrealized) Included in OCI (loss) 2 0 1 (4)
Purchases 0 0 0 0
Sales 0 0 0 0
Issues 0 0 0 0
Settlements (9) (14) (17) (24)
Transfers out of Level 3 0 0 0 0
Transfers into Level 3 0 0 0 0
Ending Balance 356 404 356 404
Net unrealized gain (losses) related to assets 2 (1) 1 (3)
Other mortgage-related | Total available-for-sale securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 260 309 263 322
Total gains (losses) (realized/unrealized) included in net income 3 0 5 (8)
Total gains (losses) (realized/unrealized) Included in OCI (loss) 1 (1) 5 (2)
Purchases 0 0 0 0
Sales 0 0 0 0
Issues 0 0 0 0
Settlements (28) (19) (38) (22)
Transfers out of Level 3 (1) 0 (1) (2)
Transfers into Level 3 0 0 1 1
Ending Balance 235 289 235 289
Net unrealized gain (losses) related to assets $ 1 $ (1) $ 3 $ (2)