v3.26.1
Statements of Capital Accounts - USD ($)
shares in Millions, $ in Millions
Total
Total Retained Earnings
Total Restricted Retained Earnings
Unrestricted Retained Earnings
Accumulated Other Comprehensive Income/(Loss)
Class B Putable
Common Stock
Class B-1 Putable
Common Stock
Class B-2 Putable
Common Stock
Balance (Shares) at Dec. 31, 2024           25 0 0
Issuance of capital stock (Shares)           3 0 0
Repurchase of capital stock (Shares)           (4) 0 0
Balance (Shares) at Mar. 31, 2025           24 0 0
Balance (Value) at Dec. 31, 2024 $ 7,004 $ 4,483 $ 815 $ 3,668 $ 63 $ 2,458 $ 0 $ 0
Comprehensive Income (Loss) 113 94 0 94 19      
Issuance of capital stock (Value) 375         375 0 0
Repurchase of capital stock (Value) (390)         (390) 0 0
Cash dividends on capital stock (55) (55)   (55)        
Balance (Value) at Mar. 31, 2025 7,047 4,522 815 3,707 82 $ 2,443 $ 0 $ 0
Balance (Shares) at Dec. 31, 2025           26 0 0
Conversion of Class B Stock (Shares)           (26) 18 8
Issuance of capital stock (Shares)           0 0 8
Repurchase of capital stock (Shares)           0 (1) (8)
Balance (Shares) at Mar. 31, 2026           0 16 9
Balance (Value) at Dec. 31, 2025 7,360 4,662 815 3,847 146 $ 2,552 $ 0 $ 0
Comprehensive Income (Loss) 74 64 0 64 10      
Conversion of Class B Stock (Value) 0         (2,552) 1,752 800
Issuance of capital stock (Value) 864         0 0 864
Repurchase of capital stock (Value) (878)         0 $ (86) $ (792)
Net transfers of shares between class B-1 and class B-2 (in shares)             (1) 1
Transfers of shares between Class B-1 and Class B-2 0           $ (77) $ 77
Cash dividends on capital stock (128) (128)   (128)        
Balance (Value) at Mar. 31, 2026 $ 7,292 $ 4,598 $ 815 $ 3,783 $ 156 $ 0 $ 1,589 $ 949