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Fair Value Measurement - Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands
Feb. 28, 2023
May 31, 2022
Feb. 28, 2022
Assets:      
Cash and cash equivalents $ 172,962 $ 153,551  
Cash and cash equivalents 172,962 153,551  
Restricted cash 7,298 7,563  
Equity securities, at fair value 38,002 33,758  
Debt securities trading, at fair value 549,124 566,146  
Deferred compensation investments 6,377 6,710  
Loans to members, net 32,325,532 29,995,826 $ 29,446,995
Loans to members, net 28,703,674 28,595,111  
Accrued interest receivable 161,856 111,418  
Accrued interest receivable 161,856 111,418  
Derivative assets 554,610 222,042  
Total financial assets 33,815,761 31,097,014  
Total financial assets 30,193,903 29,696,299  
Liabilities:      
Short-term borrowings 4,899,631 4,981,167  
Short-term borrowings 4,900,240 4,978,580  
Long-term debt 23,831,978 21,545,440  
Long-term debt 22,202,369 21,106,750  
Accrued interest payable 233,690 131,950  
Guarantee liability 12,628 12,764  
Guarantee liability 11,940 13,083  
Derivative liabilities 131,075 128,282  
Subordinated deferrable debt 986,678 986,518  
Subordinated deferrable debt 952,901 960,869  
Members’ subordinated certificates 1,223,415 1,234,161  
Members’ subordinated certificates 1,223,415 1,234,161  
Total financial liabilities 31,319,095 29,020,282  
Total financial liabilities 29,655,630 28,553,675  
Level 1      
Assets:      
Cash and cash equivalents 172,962 153,551  
Restricted cash 7,298 7,563  
Equity securities, at fair value 38,002 33,758  
Debt securities trading, at fair value 0 0  
Deferred compensation investments 6,377 6,710  
Loans to members, net 0 0  
Accrued interest receivable 0 0  
Derivative assets 0 0  
Total financial assets 224,639 201,582  
Liabilities:      
Short-term borrowings 0 0  
Long-term debt 0 0  
Accrued interest payable 0 0  
Guarantee liability 0 0  
Derivative liabilities 0 0  
Subordinated deferrable debt 235,157 250,800  
Members’ subordinated certificates 0 0  
Total financial liabilities 235,157 250,800  
Level 2      
Assets:      
Cash and cash equivalents 0 0  
Restricted cash 0 0  
Equity securities, at fair value 0 0  
Debt securities trading, at fair value 549,124 566,146  
Deferred compensation investments 0 0  
Loans to members, net 0 0  
Accrued interest receivable 161,856 111,418  
Derivative assets 554,610 222,042  
Total financial assets 1,265,590 899,606  
Liabilities:      
Short-term borrowings 4,400,240 4,978,580  
Long-term debt 13,323,038 12,248,695  
Accrued interest payable 233,690 131,950  
Guarantee liability 0 0  
Derivative liabilities 131,075 128,282  
Subordinated deferrable debt 717,744 710,069  
Members’ subordinated certificates 0 0  
Total financial liabilities 18,805,787 18,197,576  
Level 3      
Assets:      
Cash and cash equivalents 0 0  
Restricted cash 0 0  
Equity securities, at fair value 0 0  
Debt securities trading, at fair value 0 0  
Deferred compensation investments 0 0  
Loans to members, net 28,703,674 28,595,111  
Accrued interest receivable 0 0  
Derivative assets 0 0  
Total financial assets 28,703,674 28,595,111  
Liabilities:      
Short-term borrowings 500,000 0  
Long-term debt 8,879,331 8,858,055  
Accrued interest payable 0 0  
Guarantee liability 11,940 13,083  
Derivative liabilities 0 0  
Subordinated deferrable debt 0 0  
Members’ subordinated certificates 1,223,415 1,234,161  
Total financial liabilities $ 10,614,686 $ 10,105,299