
				Netting in			Net Amounts in
				Consolidated			Consolidated		Additional
				Statement of			Statement of		Amounts
		Gross		Financial			Financial		Available for			Available
(In thousands)		Amounts		Condition (1)			Condition		Setoff (2)			Collateral (3)			Net Amount

Assets at June 30, 2013
Derivative contracts	$	2,232,426	$	(2,039,660	)	$	192,766	$	–		$	–		$	192,766
Securities borrowing arrangements	$	5,357,672	$	–		$	5,357,672	$	(661,938	)	$	(4,478,654	)	$	217,080
Reverse repurchase agreements	$	11,276,816	$	(7,809,191	)	$	3,467,625	$	(337,200	)	$	(3,078,784	)	$	51,641

Liabilities at June 30, 2013
Derivative contracts	$	2,415,343	$	(2,215,626	)	$	199,717	$	–		$	–		$	199,717
Securities lending arrangements	$	2,679,193	$	–		$	2,679,193	$	(661,938	)	$	(1,967,322	)	$	49,933
Repurchase agreements	$	17,421,317	$	(7,809,191	)	$	9,612,126	$	(337,200	)	$	(8,100,516	)	$	1,174,410

(1) Netting is applied by counterparty when a legal right of offset exists under an enforceable master netting agreement, as permitted under GAAP. Further, for derivative assets and liabilities, netting is inclusive of cash paid or received as collateral under credit support agreements pursuant to the master netting agreement.

(2) Under enforceable master netting agreements with our counterparties, we have the legal right of offset with a counterparty, which incorporates all of the counterparty's outstanding rights and obligations under the arrangement. These balances reflect additional credit risk mitigation that is available by counterparty in the event of a counterparty's default, but which are not netted in the balance sheet under the provisions of GAAP.

(3) Includes securities received or paid under collateral arrangements with counterparties that could be liquidated in the event of a counterparty default and thus offset against a counterparty's rights and obligations under the respective derivative contracts, resale and repurchase agreements or securities borrowing or lending arrangements.