v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Net cash provided by (used in) operating activities $ 3,868 $ 3,572
Cash flows from investing activities    
Purchases of investment securities (18,278) (14,755)
Proceeds from sales of investment securities 22,518 9,652
Proceeds from maturities and repayments of investment securities 4,603 1,230
Purchases of mortgage loans acquired held-for-investment (47,973) (25,925)
Proceeds from sales of mortgage loans acquired held-for-investment 443 946
Proceeds from repayments of mortgage loans acquired held-for-investment 98,902 65,573
Advances under secured lending arrangements (38,303) (27,899)
Net (increase) decrease in securities purchased under agreements to resell (750) (968)
Cash flows related to derivatives 387 (1,182)
Other, net (108) (183)
Net cash provided by (used in) investing activities 21,441 6,489
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation [Abstract]    
Net increase (decrease) in borrowings with original maturity of three months or less (12,258) 7,648
Net increase (decrease) in securities sold under agreements to repurchase (2,135) (3,984)
Other, net (1) (1)
Net cash provided by (used in) financing activities (26,167) (10,805)
Net increase (decrease) in cash and cash equivalents (includes restricted cash and cash equivalents) (858) (744)
Cash and cash equivalents (includes restricted cash and cash equivalents) at the beginning of year 5,327 5,534
Cash and cash equivalents (includes restricted cash and cash equivalents) at end of period 4,469 4,790
Cash paid for:    
Debt interest 29,832 27,348
Income taxes (net of refunds received) 0 0
Held by consolidated trusts    
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation [Abstract]    
Proceeds from issuance 100,854 65,596
Repayments and redemptions (112,410) (69,476)
Cash and cash equivalents (includes restricted cash and cash equivalents) at the beginning of year 1,136  
Cash and cash equivalents (includes restricted cash and cash equivalents) at end of period 1,202  
Held by Freddie Mac    
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation [Abstract]    
Proceeds from issuance 48,476 24,257
Repayments and redemptions $ (48,693) $ (34,845)