v3.26.1
Statements of Capital - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance (in shares)     54,111  
Beginning balance $ 8,860,316 $ 8,077,013 $ 8,015,103 $ 8,409,529
Proceeds from issuance of capital stock 4,561,617 1,669,879 7,852,738 2,974,702
Repurchase/redemption of capital stock (3,745,751) (1,332,639) (6,218,934) (3,021,267)
Shares reclassified to mandatorily redeemable capital stock   (6,111) (1,337) (6,111)
Cash dividends on capital stock (108,684) (115,381) (211,761) (253,745)
Comprehensive income (loss) $ 166,348 131,484 $ 298,037 321,137
Ending balance (in shares) 70,435   70,435  
Ending balance $ 9,733,846 $ 8,424,245 $ 9,733,846 $ 8,424,245
Capital Stock Class B        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance (in shares) [1] 62,277 56,306 54,111 60,144
Beginning balance [1] $ 6,227,676 $ 5,630,609 $ 5,411,075 $ 6,014,414
Proceeds from issuance of capital stock (in shares) [1] 45,616 16,699 78,527 29,747
Proceeds from issuance of capital stock [1] $ 4,561,617 $ 1,669,879 $ 7,852,738 $ 2,974,702
Repurchase/redemption of capital stock (in shares) [1] (37,458) (13,327) (62,190) (30,213)
Repurchase/redemption of capital stock [1] $ (3,745,751) $ (1,332,639) $ (6,218,934) $ (3,021,267)
Shares reclassified to mandatorily redeemable capital stock (in shares) [1]   (61) (13) (61)
Shares reclassified to mandatorily redeemable capital stock [1]   $ (6,111) $ (1,337) $ (6,111)
Ending balance (in shares) [1] 70,435 59,617 70,435 59,617
Ending balance [1] $ 7,043,542 $ 5,961,738 $ 7,043,542 $ 5,961,738
Retained Earnings        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance 2,665,925 2,512,388 2,615,145 2,495,093
Cash dividends on capital stock (108,684) (115,381) (211,761) (253,745)
Comprehensive income (loss) 153,346 153,061 307,203 308,720
Ending balance 2,710,587 2,550,068 2,710,587 2,550,068
Unrestricted        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance 1,306,426 1,272,480 1,286,417 1,286,317
Cash dividends on capital stock (108,684) (115,381) (211,761) (253,745)
Comprehensive income (loss) 122,676 122,449 245,762 246,976
Ending balance 1,320,418 1,279,548 1,320,418 1,279,548
Restricted        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance 1,359,499 1,239,908 1,328,728 1,208,776
Comprehensive income (loss) 30,670 30,612 61,441 61,744
Ending balance 1,390,169 1,270,520 1,390,169 1,270,520
Accumulated Other Comprehensive Income (Loss)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance (33,285) (65,984) (11,117) (99,978)
Comprehensive income (loss) 13,002 (21,577) (9,166) 12,417
Ending balance $ (20,283) $ (87,561) $ (20,283) $ (87,561)
[1] Putable stock. Cash dividends paid — Dividends per share and aggregate dividends were paid on a single class of shares of capital stock. For more information, see Note 14. Capital and Mandatorily Redeemable Capital Stock.