CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	May 31, 2023	May 31, 2022
Assets:
Cash and cash equivalents	$ 198,936	$ 153,551
Restricted cash	8,301	7,563
Total cash, cash equivalents and restricted cash	207,237	161,114
Investment securities:
Debt securities trading, at fair value	474,875	566,146
Equity securities, at fair value	35,494	33,758
Total investment securities, at fair value	510,369	599,904
Loans to members	32,532,086	30,063,386
Less: Allowance for credit losses	(53,094)	(67,560)
Loans to members, net	32,478,992	29,995,826
Accrued interest receivable	172,723	111,418
Other receivables	31,243	35,431
Fixed assets, net	86,011	101,762
Derivative assets	460,762	222,042
Other assets	64,723	23,885
Total assets	34,012,060	31,251,382
Liabilities:
Accrued interest payable	212,340	131,950
Debt outstanding:
Short-term borrowings	4,546,275	4,981,167
Long-term debt	23,946,548	21,545,440
Subordinated deferrable debt	1,283,436	986,518
Members’ subordinated certificates:
Membership subordinated certificates	628,614	628,603
Loan and guarantee subordinated certificates	348,349	365,388
Member capital securities	246,163	240,170
Total members’ subordinated certificates	1,223,126	1,234,161
Total debt outstanding	30,999,385	28,747,286
Deferred income	38,601	44,332
Derivative liabilities	115,074	128,282
Other liabilities	57,411	57,563
Total liabilities	31,422,811	29,109,413
CFC equity:
Retained equity	2,553,716	2,112,315
Accumulated other comprehensive income	8,343	2,258
Total CFC equity	2,562,059	2,114,573
Noncontrolling interests	27,190	27,396
Total equity	2,589,249	2,141,969
Total liabilities and equity	$ 34,012,060	$ 31,251,382