v3.26.3
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)           21 0 0
Repurchase of capital stock (Shares)           (21) 0 0
Balance (Shares) at Sep. 30, 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) 322 298 0 298 24      
Issuance of capital stock (Value) 2,106         2,106 0 0
Repurchase of capital stock (Value) (2,108)         $ (2,108) $ 0 $ 0
Capital stock reclassified from/(to) mandatorily redeemable capital stock, net (Shares)           (1) 0 0
Capital stock reclassified from/(to) mandatorily redeemable capital stock, net (Value) (17)         $ (17) $ 0 $ 0
Cash dividends on capital stock (168) (168)   (168)        
Balance (Value) at Sep. 30, 2025 7,139 4,613 815 3,798 87 $ 2,439 $ 0 $ 0
Balance (Shares) at Jun. 30, 2025           26 0 0
Issuance of capital stock (Shares)           6 0 0
Repurchase of capital stock (Shares)           (7) 0 0
Balance (Shares) at Sep. 30, 2025           24 0 0
Balance (Value) at Jun. 30, 2025 7,186 4,564 815 3,749 47 $ 2,575 $ 0 $ 0
Comprehensive Income (Loss) 150 110 0 110 40      
Issuance of capital stock (Value) 644         644 0 0
Repurchase of capital stock (Value) (763)         $ (763) $ 0 $ 0
Capital stock reclassified from/(to) mandatorily redeemable capital stock, net (Shares)           (1) 0 0
Capital stock reclassified from/(to) mandatorily redeemable capital stock, net (Value) (17)         $ (17) $ 0 $ 0
Cash dividends on capital stock (61) (61)   (61)        
Balance (Value) at Sep. 30, 2025 7,139 4,613 815 3,798 87 $ 2,439 $ 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 26
Repurchase of capital stock (Shares)             (2) (26)
Balance (Shares) at Sep. 30, 2026           0 16 8
Balance (Value) at Dec. 31, 2025 7,360 4,662 815 3,847 146 $ 2,552 $ 0 $ 0
Comprehensive Income (Loss) 221 221 0 221 0      
Conversion of Class B Stock (Value) 0         (2,552) 1,752 800
Issuance of capital stock (Value) 2,711           49 2,662
Repurchase of capital stock (Value) (2,763)           $ (145) $ (2,618)
Capital stock reclassified from/(to) mandatorily redeemable capital stock, net (Shares)             0 0
Capital stock reclassified from/(to) mandatorily redeemable capital stock, net (Value) (44)           $ (6) $ (38)
Net transfers of shares between class B-1 and class B-2 (in shares)             0 0
Transfers of shares between Class B-1 and Class B-2 0           $ (26) $ 26
Cash dividends on capital stock (282) (282)   (282)        
Balance (Value) at Sep. 30, 2026 7,203 4,601 815 3,786 146 $ 0 $ 1,624 $ 832
Balance (Shares) at Jun. 30, 2026           0 16 9
Issuance of capital stock (Shares)             0 9
Repurchase of capital stock (Shares)             (1) (9)
Balance (Shares) at Sep. 30, 2026           0 16 8
Balance (Value) at Jun. 30, 2026 7,333 4,649 815 3,834 195 $ 0 $ 1,601 $ 888
Comprehensive Income (Loss) 15 64 0 64 (49)      
Issuance of capital stock (Value) 883           0 883
Repurchase of capital stock (Value) (916)           $ (22) $ (894)
Capital stock reclassified from/(to) mandatorily redeemable capital stock, net (Value) 0              
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           $ 45 $ (45)
Cash dividends on capital stock (112) (112)   (112)        
Balance (Value) at Sep. 30, 2026 $ 7,203 $ 4,601 $ 815 $ 3,786 $ 146 $ 0 $ 1,624 $ 832