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Derivative Instruments - FV Gains and Losses (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains (losses), net $ 312 $ 975 $ 984 $ 637  
Net contractual interest income (expense) on interest-rate swaps 7,268 7,035 14,291 13,821  
Interest income on mortgage loans 35,617 32,655 70,833 64,792  
Long-term debt (29,877) (27,122) (59,457) (53,787)  
Hedged asset, carrying amount 854,132   854,132   $ 449,137
Hedged asset, total basis adjustments (510)   (510)   (174)
Hedged asset, discontinued fair value, remaining adjustments (510)   (510)   (174)
Closed portfolio, amortized cost 497,361   497,361   218,419
Closed portfolio, designated UPB 13,602   13,602   9,955
Hedged liability, carrying amount (56,889)   (56,889)   (59,462)
Hedged liability, total basis adjustments 3,880   3,880   3,751
Hedged liability, discontinued fair value, remaining adjustments 3,880   3,880   $ 3,751
Pay-fixed          
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains (losses), net 237 1,858 1,599 268  
Receive-fixed          
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains (losses), net 209 (1,010) (487) 562  
Basis          
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains (losses), net (4) 15 (3) 28  
Foreign currency          
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains (losses), net (3) 2 (11) 10  
Pay-fixed          
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains (losses), net 21 12 44 (21)  
Receive-fixed          
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains (losses), net 7 (2) 3 (3)  
Futures          
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains (losses), net 1 1 2 1  
Risk Management Derivatives          
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains (losses), net 217 748 697 539  
Net contractual interest income (expense) on interest-rate swaps (251) (128) (450) (306)  
Mortgage commitment derivatives fair value gains (losses), net          
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains (losses), net 94 198 301 84  
Credit enhancement derivatives fair value gains (losses), net          
Derivative Instruments, Gain (Loss) [Line Items]          
Total derivatives fair value gains (losses), net 1 29 (14) 14  
Interest rate risk on held-for-investment mortgage loan | Interest Income          
Derivative Instruments, Gain (Loss) [Line Items]          
Gain (loss) in hedged item (28) (144) (362) 33  
Discontinued hedge related basis adjustment amortization 18 9 26 20  
Change in unrealized gain (loss) in derivatives designated as hedging instruments 6 132 315 (82)  
Interest accruals on hedging instruments 76 27 142 53  
Total effect of fair value hedges 72 24 121 24  
Interest rate risk on debt | Interest Expense          
Derivative Instruments, Gain (Loss) [Line Items]          
Gain (loss) in hedged item 129 669 557 430  
Discontinued hedge related basis adjustment amortization (222) (199) (428) (395)  
Change in unrealized gain (loss) in derivatives designated as hedging instruments (78) (503) (433) (71)  
Interest accruals on hedging instruments (113) (293) (280) (522)  
Total effect of fair value hedges $ (284) $ (326) $ (584) $ (558)