v3.26.1
Derivatives and Hedging Activities (Offsetting of Derivative Assets and Derivative Liabilities) (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Derivatives, Fair Value [Line Items]    
Derivative Asset $ 157 $ 104
Derivative Liability 187 303
Total gross amounts of netting adjustments and cash collateral [1],[2] 230 230
Net adjustment and cash collateral [1],[2] (185) [3] (299)
Derivative assets 387 334
Derivative liabilities (1) 2 4
Derivative, Collateral, Obligation to Return Securities 5 0
Derivative, Collateral, Right to Reclaim Securities 0 0
Derivative Asset, Fair Value, Amount Offset Against Collateral [4] 382 334
Derivative Liability, Fair Value, Amount Offset Against Collateral [4] 2 4
Additional net credit exposure due to non-cash collateral pledged to counterparties in excess of the net derivative portion. 20 0
Non-cash collateral pledged by the individual counterparty, in excess of the total derivative position 15 0
Uncleared derivatives [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Asset 129 81
Derivative Liability 182 297
Total gross amounts of netting adjustments and cash collateral (118) (73)
Net adjustment and cash collateral (180) (293)
Derivative assets 11 8
Derivative liabilities (1) 2 4
Derivative, Collateral, Obligation to Return Securities 5 0
Derivative, Collateral, Right to Reclaim Securities 0 0
Derivative Asset, Fair Value, Amount Offset Against Collateral 6 8
Derivative Liability, Fair Value, Amount Offset Against Collateral 2 4
Cleared derivatives [Member]    
Derivatives, Fair Value [Line Items]    
Derivative Asset 28 23
Derivative Liability 5 6
Total gross amounts of netting adjustments and cash collateral 348 303
Net adjustment and cash collateral (5) (6)
Derivative assets 376 326
Derivative liabilities (1) 0 0
Derivative, Collateral, Obligation to Return Securities 0 0
Derivative, Collateral, Right to Reclaim Securities 0 0
Derivative Asset, Fair Value, Amount Offset Against Collateral 376 326
Derivative Liability, Fair Value, Amount Offset Against Collateral $ 0 $ 0
[1] Amounts represent the application of the netting requirements that allow the Bank to settle positive and negative positions, and also cash collateral and related accrued interest held or placed with the same clearing agents and/or counterparty. Cash collateral posted, including accrued interest, was $482 and $541 as of June 30, 2026 and December 31, 2025, respectively. Cash collateral received, including accrued interest, was $67 and $12 as of June 30, 2026 and December 31, 2025, respectively.
[2] Amounts represent the application of the netting requirements that allow the Bank to settle positive and negative positions, and also cash collateral and related accrued interest held or placed with the same clearing agents and/or counterparty
[3] Financial instruments measured at fair value on a recurring basis.
[4] The amount of non-cash collateral for uncleared derivatives included in the determination of the net amount is limited to the amount needed to secure the
Bank’s or counterparties' uncleared exposure. The Bank pledged excess non-cash collateral with a fair value of $20 and $0 as of June 30, 2026 and
December 31, 2025, respectively, and the Bank received excess non-cash collateral with a fair value of $15 and $0 as of June 30, 2026 and
December 31, 2025, respectively.