Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Nov. 30, 2021	May 31, 2021
Assets:
Cash and cash equivalents	$ 172,742	$ 295,063
Restricted cash	11,010	8,298
Total cash, cash equivalents and restricted cash	183,752	303,361
Investment securities:
Debt securities trading, at fair value ($264,932 and $210,894 pledged as collateral as of November 30, 2021 and May 31, 2021, respectively)	588,615	576,175
Equity securities, at fair value	37,505	35,102
Total investment securities, at fair value	626,120	611,277
Loans to members	28,946,870	28,426,961
Less: Allowance for credit losses	(86,135)	(85,532)
Loans to members, net	28,860,735	28,341,429
Accrued interest receivable	108,381	107,856
Other receivables	34,489	37,197
Fixed assets, net	96,967	91,882
Derivative assets	78,610	121,259
Other assets	26,525	24,102
Total assets	30,015,579	29,638,363
Liabilities:
Accrued interest payable	120,439	123,672
Debt outstanding:
Short-term borrowings	4,746,935	4,582,096
Long-term debt	20,804,379	20,603,123
Subordinated deferrable debt	986,415	986,315
Members’ subordinated certificates:
Membership subordinated certificates	628,599	628,594
Loan and guarantee subordinated certificates	384,580	386,896
Member capital securities	239,170	239,170
Total members’ subordinated certificates	1,252,349	1,254,660
Total debt outstanding	27,790,078	27,426,194
Patronage capital retirement payable	2,415	0
Deferred income	47,146	51,198
Derivative liabilities	615,097	584,989
Other liabilities	49,419	52,431
Total liabilities	28,624,594	28,238,484
CFC equity:
Retained equity	1,362,152	1,374,973
Accumulated other comprehensive income (loss)	3,906	(25)
Total CFC equity	1,366,058	1,374,948
Noncontrolling interests	24,927	24,931
Total equity	1,390,985	1,399,879
Total liabilities and equity	$ 30,015,579	$ 29,638,363