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Derivative Instruments - FV Gains and Losses (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains (losses), net $ 672 $ (338)  
Net contractual interest expense on interest-rate swaps 7,023 6,786  
Interest income on mortgage loans 35,216 32,137  
Long-term debt (29,580) (26,665)  
Hedged asset, carrying amount 687,058   $ 449,137
Hedged asset, total basis adjustments (500)   (174)
Hedged asset, discontinued fair value, remaining adjustments (500)   (174)
Closed portfolio, amortized cost 454,310   218,419
Closed portfolio, designated UPB 9,482   9,955
Hedged liability, carrying amount (56,930)   (59,462)
Hedged liability, total basis adjustments 3,973   3,751
Hedged liability, discontinued fair value, remaining adjustments 3,973   $ 3,751
Pay-fixed      
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains (losses), net 1,362 (1,590)  
Receive-fixed      
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains (losses), net (696) 1,572  
Basis      
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains (losses), net 1 13  
Foreign currency      
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains (losses), net (8) 8  
Pay-fixed      
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains (losses), net 23 (33)  
Receive-fixed      
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains (losses), net (4) (1)  
Futures      
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains (losses), net 1 0  
Risk Management Derivatives      
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains (losses), net 480 (209)  
Net contractual interest expense on interest-rate swaps (199) (178)  
Mortgage commitment derivatives fair value gains (losses), net      
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains (losses), net 207 (114)  
Credit enhancement derivatives fair value losses, net      
Derivative Instruments, Gain (Loss) [Line Items]      
Total derivatives fair value gains (losses), net (15) (15)  
Interest rate risk on held-for-investment mortgage loan | Interest Income      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (loss) in hedged item (334) 177  
Discontinued hedge related basis adjustment amortization 8 11  
Change in unrealized gain (loss) in derivatives designated as hedging instruments 309 (214)  
Interest accruals on hedging instruments 66 26  
Total effect of fair value hedges 49 0  
Interest rate risk on debt | Interest Expense      
Derivative Instruments, Gain (Loss) [Line Items]      
Gain (loss) in hedged item 428 (239)  
Discontinued hedge related basis adjustment amortization (206) (196)  
Change in unrealized gain (loss) in derivatives designated as hedging instruments (355) 432  
Interest accruals on hedging instruments (167) (229)  
Total effect of fair value hedges $ (300) $ (232)