v3.25.2
Statements Of Capital - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance at the beginning of the period, shares [1] 25,254 24,977 26,316 26,077
Balance at the beginning of the period $ 4,052,898 $ 3,864,707 $ 4,099,729 $ 3,890,652
Comprehensive income $ 38,137 $ 89,201 $ 152,920 $ 227,543
Proceeds from issuance of capital stock, shares [1] 8,402 5,121 14,287 10,271
Proceeds from issuance of capital stock $ 840,217 $ 512,032 $ 1,428,720 $ 1,027,041
Stock Repurchased and Retired During Period, Shares [1] (5,577) (2,532) (12,463) (7,779)
Stock Repurchased and Retired During Period, Value $ (557,678) $ (253,204) $ (1,246,258) $ (777,927)
Net reclassification of shares to mandatorily redeemable capital stock, shares [1] (2,782) (780) (3,397) (2,325)
Net reclassification of shares to mandatorily redeemable capital stock $ (278,277) $ (77,949) $ (339,742) $ (232,442)
Net transfer of shares between Class A and Class B, shares [1] 0 0 0 0
Net transfer of shares between Class A and Class B $ 0 $ 0 $ 0 $ 0
Dividends on capital stock        
Cash payment $ (68) $ (78) $ (140) $ (158)
Stock issued [1] 573 574 1,127 1,116
Stock issued $ 0 $ 0 $ 0 $ 0
Balance at the end of the period, shares [1] 25,870 27,360 25,870 27,360
Balance at the end of the period $ 4,095,229 $ 4,134,709 $ 4,095,229 $ 4,134,709
Capital Stock [Member]        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance at the beginning of the period [1] 2,525,475 2,497,709 2,631,605 2,607,683
Proceeds from issuance of capital stock [1] 840,217 512,032 1,428,720 1,027,041
Stock Repurchased and Retired During Period, Value [1] (557,678) (253,204) (1,246,258) (777,927)
Net reclassification of shares to mandatorily redeemable capital stock [1] (278,277) (77,949) (339,742) (232,442)
Net transfer of shares between Class A and Class B [1] 0 0 0 0
Dividends on capital stock        
Stock issued [1] 57,327 57,411 112,739 111,644
Balance at the end of the period [1] 2,587,064 2,735,999 2,587,064 2,735,999
Total Retained Earnings [Member]        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance at the beginning of the period 1,651,894 1,461,777 1,608,086 1,401,940
Comprehensive income 94,817 108,163 194,109 222,313
Dividends on capital stock        
Cash payment (68) (78) (140) (158)
Stock issued (57,327) (57,411) (112,739) (111,644)
Balance at the end of the period 1,689,316 1,512,451 1,689,316 1,512,451
Unrestricted Retained Earnings [Member]        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance at the beginning of the period 1,133,008 1,026,464 1,109,059 989,457
Comprehensive income 75,854 86,531 155,287 177,851
Dividends on capital stock        
Cash payment (68) (78) (140) (158)
Stock issued (57,327) (57,411) (112,739) (111,644)
Balance at the end of the period 1,151,467 1,055,506 1,151,467 1,055,506
Restricted Retained Earnings [Member]        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance at the beginning of the period 518,886 435,313 499,027 412,483
Comprehensive income 18,963 21,632 38,822 44,462
Dividends on capital stock        
Balance at the end of the period 537,849 456,945 537,849 456,945
Accumulated Other Comprehensive Income (Loss) [Member]        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance at the beginning of the period (124,471) (94,779) (139,962) (118,971)
Comprehensive income (56,680) (18,962) (41,189) 5,230
Dividends on capital stock        
Balance at the end of the period $ (181,151) $ (113,741) $ (181,151) $ (113,741)
Class A [Member] | Capital Stock [Member]        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance at the beginning of the period, shares [1] 3,592 3,447 4,649 2,789
Balance at the beginning of the period [1] $ 359,198 $ 344,697 $ 464,904 $ 278,887
Proceeds from issuance of capital stock, shares [1] 4 2 6 4
Proceeds from issuance of capital stock [1] $ 405 $ 184 $ 576 $ 374
Stock Repurchased and Retired During Period, Shares [1] (5,094) (2,090) (11,432) (7,051)
Stock Repurchased and Retired During Period, Value [1] $ (509,391) $ (209,050) $ (1,143,178) $ (705,102)
Net reclassification of shares to mandatorily redeemable capital stock, shares [1] (2,542) (710) (3,043) (2,235)
Net reclassification of shares to mandatorily redeemable capital stock [1] $ (254,218) $ (70,955) $ (304,325) $ (223,433)
Net transfer of shares between Class A and Class B, shares [1] 6,493 2,537 12,273 9,679
Net transfer of shares between Class A and Class B [1] $ 649,310 $ 253,725 $ 1,227,327 $ 967,875
Dividends on capital stock        
Balance at the end of the period, shares [1] 2,453 3,186 2,453 3,186
Balance at the end of the period [1] $ 245,304 $ 318,601 $ 245,304 $ 318,601
Class B [Member] | Capital Stock [Member]        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance at the beginning of the period, shares [1] 21,662 21,530 21,667 23,288
Balance at the beginning of the period [1] $ 2,166,277 $ 2,153,012 $ 2,166,701 $ 2,328,796
Proceeds from issuance of capital stock, shares [1] 8,398 5,119 14,281 10,267
Proceeds from issuance of capital stock [1] $ 839,812 $ 511,848 $ 1,428,144 $ 1,026,667
Stock Repurchased and Retired During Period, Shares [1] (483) (442) (1,031) (728)
Stock Repurchased and Retired During Period, Value [1] $ (48,287) $ (44,154) $ (103,080) $ (72,825)
Net reclassification of shares to mandatorily redeemable capital stock, shares [1] (240) (70) (354) (90)
Net reclassification of shares to mandatorily redeemable capital stock [1] $ (24,059) $ (6,994) $ (35,417) $ (9,009)
Net transfer of shares between Class A and Class B, shares [1] (6,493) (2,537) (12,273) (9,679)
Net transfer of shares between Class A and Class B [1] $ (649,310) $ (253,725) $ (1,227,327) $ (967,875)
Dividends on capital stock        
Stock issued [1] 573 574 1,127 1,116
Stock issued [1] $ 57,327 $ 57,411 $ 112,739 $ 111,644
Balance at the end of the period, shares [1] 23,417 24,174 23,417 24,174
Balance at the end of the period [1] $ 2,341,760 $ 2,417,398 $ 2,341,760 $ 2,417,398
[1] Putable