v3.26.1
Derivatives (Tables)
 6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary Of Types Of Derivatives, Separately By Assets And Liabilities And Fair Value Of Derivatives The following table summarizes the types of derivatives, separately by assets and liabilities, and the fair values of such derivatives as of the dates presented:
(in millions)
Asset DerivativesLiability Derivatives
Derivatives not designated as hedging instrumentJune 30, 2026December 31, 2025June 30, 2026December 31, 2025
Interest rate futures$1 $— $— $— 
Interest rate swaps84 84 189 179 
Total derivative assets and liabilities$85 $84 $189 $179 
Summary Of Types Of Derivatives And Gains (Losses) Recorded The following table summarizes the types of derivatives and the gains (losses) recorded for the periods indicated:
(in millions)
Three Months EndedSix Months Ended
Derivatives not designated as hedging instrumentJune 30, 2026June 30, 2025June 30, 2026June 30, 2025
Interest rate futures$(2)$2 $(4)$5 
Interest rate forward sales commitments(1)— — (1)
Interest rate swaps— (2)— (3)
Total derivative (losses) gains$(3)$— $(4)$1 
Balance Sheet Offsetting
The following table shows the gross interest rate swaps in the Consolidated Balance Sheets and the respective collateral received or pledged in the form of cash or other financial instruments. The collateral amounts are limited to the outstanding balances of the related asset or liability. Therefore, instances of over collateralization are not shown.
Gross Amounts Not Offset in the Consolidated Balance Sheets
(in millions)Gross Amounts of Recognized Assets/Liabilities
Gross Amounts Offset in the Consolidated Balance Sheets
Net Amounts of Assets/Liabilities Presented in the Consolidated Balance Sheets
Financial InstrumentsCollateral Received/PostedNet Amount
June 30, 2026
Derivative Assets
Interest rate swaps$84 $— $84 $12 $59 $13 
Derivative Liabilities
Interest rate swaps$189 $— $189 $12 $— $177 
December 31, 2025
Derivative Assets
Interest rate swaps$84 $— $84 $26 $35 $23 
Derivative Liabilities
Interest rate swaps$179 $— $179 $26 $— $153