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GE granted various employee benefits to its group employees, including those of the Company, under the GE Long-Term Incentive Plan. These benefits primarily included stock options and RSUs. Compensation expense allocated to the Company was $ 67 million for the year ended December 31, 2022, and was primarily recognized ...
text
67
monetaryItemType
text: <entity> 67 </entity> <entity type> monetaryItemType </entity type> <context> GE granted various employee benefits to its group employees, including those of the Company, under the GE Long-Term Incentive Plan. These benefits primarily included stock options and RSUs. Compensation expense allocated to the Company ...
us-gaap:RelatedPartyTransactionAmountsOfTransaction
– governs all matters relating to the provision of shared services between the Company and GE on a transitional basis. The services the Company receives include support for information technology, human resources, supply chain, finance, and facilities services, among others. Some of these costs were included in the all...
text
172
monetaryItemType
text: <entity> 172 </entity> <entity type> monetaryItemType </entity type> <context> – governs all matters relating to the provision of shared services between the Company and GE on a transitional basis. The services the Company receives include support for information technology, human resources, supply chain, finance...
us-gaap:RelatedPartyTransactionAmountsOfTransaction
et, and $ 372 million, net, for the years ended December 31, 2024 and 2023, respectively, under this agreement. These amounts represent fees charged from GE and GE Vernova to the Company, the majority of which are related to information technology, and are net of fees charged from the Company to GE and GE Vernova for f...
text
372
monetaryItemType
text: <entity> 372 </entity> <entity type> monetaryItemType </entity type> <context> et, and $ 372 million, net, for the years ended December 31, 2024 and 2023, respectively, under this agreement. These amounts represent fees charged from GE and GE Vernova to the Company, the majority of which are related to informatio...
us-gaap:RelatedPartyTransactionAmountsOfTransaction
On February 3, 2025, we repaid $ 250 million of the outstanding Term Loan Facility.
text
250
monetaryItemType
text: <entity> 250 </entity> <entity type> monetaryItemType </entity type> <context> On February 3, 2025, we repaid $ 250 million of the outstanding Term Loan Facility. </context>
us-gaap:RepaymentsOfLongTermDebt
The Purchase Agreement requires Treasury, upon the request of the Conservator, to provide funds to us after any quarter in which we have a negative net worth (that is, our total liabilities exceed our total assets, as reflected on our consolidated balance sheets). In addition, the Purchase Agreement requires Treasury, ...
text
one million
sharesItemType
text: <entity> one million </entity> <entity type> sharesItemType </entity type> <context> The Purchase Agreement requires Treasury, upon the request of the Conservator, to provide funds to us after any quarter in which we have a negative net worth (that is, our total liabilities exceed our total assets, as reflected o...
us-gaap:StockIssuedDuringPeriodSharesNewIssues
Treasury, as the holder of the senior preferred stock, is entitled to receive quarterly cash dividends, when, as, and if declared by our Board of Directors. The dividends we have paid to Treasury on the senior preferred stock have been declared by, and paid at the direction of, the Conservator, acting as successor to t...
text
10
percentItemType
text: <entity> 10 </entity> <entity type> percentItemType </entity type> <context> Treasury, as the holder of the senior preferred stock, is entitled to receive quarterly cash dividends, when, as, and if declared by our Board of Directors. The dividends we have paid to Treasury on the senior preferred stock have been d...
us-gaap:PreferredStockDividendRatePercentage
In October 2013, FHFA announced the formation of CSS. CSS is a limited liability company equally-owned by Freddie Mac and Fannie Mae, and CSS is also deemed a related party. In connection with the formation of CSS, we and Fannie Mae signed governance and operating agreements for CSS, including an updated customer servi...
text
68
monetaryItemType
text: <entity> 68 </entity> <entity type> monetaryItemType </entity type> <context> In October 2013, FHFA announced the formation of CSS. CSS is a limited liability company equally-owned by Freddie Mac and Fannie Mae, and CSS is also deemed a related party. In connection with the formation of CSS, we and Fannie Mae sig...
us-gaap:PaymentsToAcquireEquityMethodInvestments
In October 2013, FHFA announced the formation of CSS. CSS is a limited liability company equally-owned by Freddie Mac and Fannie Mae, and CSS is also deemed a related party. In connection with the formation of CSS, we and Fannie Mae signed governance and operating agreements for CSS, including an updated customer servi...
text
938
monetaryItemType
text: <entity> 938 </entity> <entity type> monetaryItemType </entity type> <context> In October 2013, FHFA announced the formation of CSS. CSS is a limited liability company equally-owned by Freddie Mac and Fannie Mae, and CSS is also deemed a related party. In connection with the formation of CSS, we and Fannie Mae si...
us-gaap:PaymentsToAcquireEquityMethodInvestments
In October 2013, FHFA announced the formation of CSS. CSS is a limited liability company equally-owned by Freddie Mac and Fannie Mae, and CSS is also deemed a related party. In connection with the formation of CSS, we and Fannie Mae signed governance and operating agreements for CSS, including an updated customer servi...
text
5
monetaryItemType
text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> In October 2013, FHFA announced the formation of CSS. CSS is a limited liability company equally-owned by Freddie Mac and Fannie Mae, and CSS is also deemed a related party. In connection with the formation of CSS, we and Fannie Mae sign...
us-gaap:EquityMethodInvestments
In October 2013, FHFA announced the formation of CSS. CSS is a limited liability company equally-owned by Freddie Mac and Fannie Mae, and CSS is also deemed a related party. In connection with the formation of CSS, we and Fannie Mae signed governance and operating agreements for CSS, including an updated customer servi...
text
1
monetaryItemType
text: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> In October 2013, FHFA announced the formation of CSS. CSS is a limited liability company equally-owned by Freddie Mac and Fannie Mae, and CSS is also deemed a related party. In connection with the formation of CSS, we and Fannie Mae sign...
us-gaap:EquityMethodInvestments
have elected to account for these investments using the proportional amortization method when applicable. The carrying amount of our investments in LIHTC partnerships is presented in other assets on our consolidated balance sheets and totaled $ 4.3 billion as of December 31, 2024, and $ 3.5 billion as of December 31, 2...
text
4.3
monetaryItemType
text: <entity> 4.3 </entity> <entity type> monetaryItemType </entity type> <context> have elected to account for these investments using the proportional amortization method when applicable. The carrying amount of our investments in LIHTC partnerships is presented in other assets on our consolidated balance sheets and ...
us-gaap:AmortizationMethodQualifiedAffordableHousingProjectInvestments
have elected to account for these investments using the proportional amortization method when applicable. The carrying amount of our investments in LIHTC partnerships is presented in other assets on our consolidated balance sheets and totaled $ 4.3 billion as of December 31, 2024, and $ 3.5 billion as of December 31, 2...
text
3.5
monetaryItemType
text: <entity> 3.5 </entity> <entity type> monetaryItemType </entity type> <context> have elected to account for these investments using the proportional amortization method when applicable. The carrying amount of our investments in LIHTC partnerships is presented in other assets on our consolidated balance sheets and ...
us-gaap:AmortizationMethodQualifiedAffordableHousingProjectInvestments
Includes ($ 0.7 ) billion and ($ 0.2 ) billion of basis adjustments maintained on a closed portfolio basis related to existing portfolio layer method fair value hedge relationships as of December 31, 2024 and December 31, 2023, respectively.
text
0.7
monetaryItemType
text: <entity> 0.7 </entity> <entity type> monetaryItemType </entity type> <context> Includes ($ 0.7 ) billion and ($ 0.2 ) billion of basis adjustments maintained on a closed portfolio basis related to existing portfolio layer method fair value hedge relationships as of December 31, 2024 and December 31, 2023, respect...
us-gaap:HedgedAssetFairValueHedgeLastOfLayerCumulativeIncreaseDecrease
Includes ($ 0.7 ) billion and ($ 0.2 ) billion of basis adjustments maintained on a closed portfolio basis related to existing portfolio layer method fair value hedge relationships as of December 31, 2024 and December 31, 2023, respectively.
text
0.2
monetaryItemType
text: <entity> 0.2 </entity> <entity type> monetaryItemType </entity type> <context> Includes ($ 0.7 ) billion and ($ 0.2 ) billion of basis adjustments maintained on a closed portfolio basis related to existing portfolio layer method fair value hedge relationships as of December 31, 2024 and December 31, 2023, respect...
us-gaap:HedgedAssetFairValueHedgeLastOfLayerCumulativeIncreaseDecrease
Includes $ 2.4 billion and $ 1.8 billion of multifamily held-for-investment loans for which we have elected the fair value option as of December 31, 2024 and December 31, 2023, respectively.
text
2.4
monetaryItemType
text: <entity> 2.4 </entity> <entity type> monetaryItemType </entity type> <context> Includes $ 2.4 billion and $ 1.8 billion of multifamily held-for-investment loans for which we have elected the fair value option as of December 31, 2024 and December 31, 2023, respectively. </context>
us-gaap:LoansReceivableFairValueDisclosure
Includes $ 2.4 billion and $ 1.8 billion of multifamily held-for-investment loans for which we have elected the fair value option as of December 31, 2024 and December 31, 2023, respectively.
text
1.8
monetaryItemType
text: <entity> 1.8 </entity> <entity type> monetaryItemType </entity type> <context> Includes $ 2.4 billion and $ 1.8 billion of multifamily held-for-investment loans for which we have elected the fair value option as of December 31, 2024 and December 31, 2023, respectively. </context>
us-gaap:LoansReceivableFairValueDisclosure
Includes $ 2.6 billion and $ 2.0 billion of single-family loans that were in the process of foreclosure as of December 31, 2024 and December 31, 2023, respectively.
text
2.6
monetaryItemType
text: <entity> 2.6 </entity> <entity type> monetaryItemType </entity type> <context> Includes $ 2.6 billion and $ 2.0 billion of single-family loans that were in the process of foreclosure as of December 31, 2024 and December 31, 2023, respectively. </context>
us-gaap:MortgageLoansInProcessOfForeclosureAmount
Includes $ 2.6 billion and $ 2.0 billion of single-family loans that were in the process of foreclosure as of December 31, 2024 and December 31, 2023, respectively.
text
2.0
monetaryItemType
text: <entity> 2.0 </entity> <entity type> monetaryItemType </entity type> <context> Includes $ 2.6 billion and $ 2.0 billion of single-family loans that were in the process of foreclosure as of December 31, 2024 and December 31, 2023, respectively. </context>
us-gaap:MortgageLoansInProcessOfForeclosureAmount
The fair value of our available-for-sale securities held at December 31, 2024 scheduled to contractually mature after ten years was $ 1.3 billion, with an additional $ 1.4 billion scheduled to contractually mature after five years through ten years.
text
1.3
monetaryItemType
text: <entity> 1.3 </entity> <entity type> monetaryItemType </entity type> <context> The fair value of our available-for-sale securities held at December 31, 2024 scheduled to contractually mature after ten years was $ 1.3 billion, with an additional $ 1.4 billion scheduled to contractually mature after five years thro...
us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue
The fair value of our available-for-sale securities held at December 31, 2024 scheduled to contractually mature after ten years was $ 1.3 billion, with an additional $ 1.4 billion scheduled to contractually mature after five years through ten years.
text
1.4
monetaryItemType
text: <entity> 1.4 </entity> <entity type> monetaryItemType </entity type> <context> The fair value of our available-for-sale securities held at December 31, 2024 scheduled to contractually mature after ten years was $ 1.3 billion, with an additional $ 1.4 billion scheduled to contractually mature after five years thro...
us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue
At December 31, 2024, the gross unrealized losses relate to 146 securities.
text
146
integerItemType
text: <entity> 146 </entity> <entity type> integerItemType </entity type> <context> At December 31, 2024, the gross unrealized losses relate to 146 securities. </context>
us-gaap:DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
Includes $ 2.0 billion and $ 2.1 billion at December 31, 2024 and December 31, 2023, respectively, of debt of consolidated trusts that represents the fair value of debt for which the fair value option was elected.
text
2.0
monetaryItemType
text: <entity> 2.0 </entity> <entity type> monetaryItemType </entity type> <context> Includes $ 2.0 billion and $ 2.1 billion at December 31, 2024 and December 31, 2023, respectively, of debt of consolidated trusts that represents the fair value of debt for which the fair value option was elected. </context>
us-gaap:DebtInstrumentFairValue
Includes $ 2.0 billion and $ 2.1 billion at December 31, 2024 and December 31, 2023, respectively, of debt of consolidated trusts that represents the fair value of debt for which the fair value option was elected.
text
2.1
monetaryItemType
text: <entity> 2.1 </entity> <entity type> monetaryItemType </entity type> <context> Includes $ 2.0 billion and $ 2.1 billion at December 31, 2024 and December 31, 2023, respectively, of debt of consolidated trusts that represents the fair value of debt for which the fair value option was elected. </context>
us-gaap:DebtInstrumentFairValue
The effective interest rate for debt of consolidated trusts was 3.01 % and 2.73 % as of December 31, 2024 and December 31, 2023, respectively.
text
3.01
percentItemType
text: <entity> 3.01 </entity> <entity type> percentItemType </entity type> <context> The effective interest rate for debt of consolidated trusts was 3.01 % and 2.73 % as of December 31, 2024 and December 31, 2023, respectively. </context>
us-gaap:DebtWeightedAverageInterestRate
The effective interest rate for debt of consolidated trusts was 3.01 % and 2.73 % as of December 31, 2024 and December 31, 2023, respectively.
text
2.73
percentItemType
text: <entity> 2.73 </entity> <entity type> percentItemType </entity type> <context> The effective interest rate for debt of consolidated trusts was 3.01 % and 2.73 % as of December 31, 2024 and December 31, 2023, respectively. </context>
us-gaap:DebtWeightedAverageInterestRate
Represents par value, net of associated discounts or premiums and issuance costs. Includes $ 0.3 billion and $ 0.4 billion at December 31, 2024 and December 31, 2023, respectively, of long-term debt that represents the fair value of debt for which the fair value option was elected. Includes hedge-related basis adjustme...
text
0.3
monetaryItemType
text: <entity> 0.3 </entity> <entity type> monetaryItemType </entity type> <context> Represents par value, net of associated discounts or premiums and issuance costs. Includes $ 0.3 billion and $ 0.4 billion at December 31, 2024 and December 31, 2023, respectively, of long-term debt that represents the fair value of de...
us-gaap:DebtInstrumentFairValue
Represents par value, net of associated discounts or premiums and issuance costs. Includes $ 0.3 billion and $ 0.4 billion at December 31, 2024 and December 31, 2023, respectively, of long-term debt that represents the fair value of debt for which the fair value option was elected. Includes hedge-related basis adjustme...
text
0.4
monetaryItemType
text: <entity> 0.4 </entity> <entity type> monetaryItemType </entity type> <context> Represents par value, net of associated discounts or premiums and issuance costs. Includes $ 0.3 billion and $ 0.4 billion at December 31, 2024 and December 31, 2023, respectively, of long-term debt that represents the fair value of de...
us-gaap:DebtInstrumentFairValue
$ 6.8 billion and $ 6.4 billion at December 31, 2024 and December 31, 2023, respectively, and a fair value of $ 1.0 million at both December 31, 2024 and December 31, 2023.
text
6.8
monetaryItemType
text: <entity> 6.8 </entity> <entity type> monetaryItemType </entity type> <context> $ 6.8 billion and $ 6.4 billion at December 31, 2024 and December 31, 2023, respectively, and a fair value of $ 1.0 million at both December 31, 2024 and December 31, 2023. </context>
us-gaap:DerivativeNotionalAmount
$ 6.8 billion and $ 6.4 billion at December 31, 2024 and December 31, 2023, respectively, and a fair value of $ 1.0 million at both December 31, 2024 and December 31, 2023.
text
6.4
monetaryItemType
text: <entity> 6.4 </entity> <entity type> monetaryItemType </entity type> <context> $ 6.8 billion and $ 6.4 billion at December 31, 2024 and December 31, 2023, respectively, and a fair value of $ 1.0 million at both December 31, 2024 and December 31, 2023. </context>
us-gaap:DerivativeNotionalAmount
, we issued one million shares of senior preferred stock to Treasury on September 8, 2008, in partial consideration of Treasury's commitment to provide funds to us.
text
one million
sharesItemType
text: <entity> one million </entity> <entity type> sharesItemType </entity type> <context> , we issued one million shares of senior preferred stock to Treasury on September 8, 2008, in partial consideration of Treasury's commitment to provide funds to us. </context>
us-gaap:StockIssuedDuringPeriodSharesNewIssues
Shares of the senior preferred stock have a par value of $ 1 and have a stated value and initial liquidation preference of $ 1 billion, or $ 1,000 per share. The liquidation preference of the senior preferred stock is subject to adjustment. See
text
1
perShareItemType
text: <entity> 1 </entity> <entity type> perShareItemType </entity type> <context> Shares of the senior preferred stock have a par value of $ 1 and have a stated value and initial liquidation preference of $ 1 billion, or $ 1,000 per share. The liquidation preference of the senior preferred stock is subject to adjustme...
us-gaap:PreferredStockParOrStatedValuePerShare
Shares of the senior preferred stock have a par value of $ 1 and have a stated value and initial liquidation preference of $ 1 billion, or $ 1,000 per share. The liquidation preference of the senior preferred stock is subject to adjustment. See
text
1000
perShareItemType
text: <entity> 1000 </entity> <entity type> perShareItemType </entity type> <context> Shares of the senior preferred stock have a par value of $ 1 and have a stated value and initial liquidation preference of $ 1 billion, or $ 1,000 per share. The liquidation preference of the senior preferred stock is subject to adjus...
us-gaap:PreferredStockLiquidationPreference
The warrant may be exercised in whole or in part at any time on or before September 7, 2028, by delivery to us of a notice of exercise, payment of the exercise price of $ 0.00001 per share, and the warrant. If the market price of one share of our common stock is greater than the exercise price, then, instead of paying ...
text
0.00001
perShareItemType
text: <entity> 0.00001 </entity> <entity type> perShareItemType </entity type> <context> The warrant may be exercised in whole or in part at any time on or before September 7, 2028, by delivery to us of a notice of exercise, payment of the exercise price of $ 0.00001 per share, and the warrant. If the market price of o...
us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
We account for the warrant in permanent equity. At issuance on September 7, 2008, we recognized the warrant at fair value, and we do not recognize subsequent changes in fair value while the warrant remains classified in equity. We recorded an aggregate fair value of $ 2.3 billion for the warrant as a component of addit...
text
2.3
monetaryItemType
text: <entity> 2.3 </entity> <entity type> monetaryItemType </entity type> <context> We account for the warrant in permanent equity. At issuance on September 7, 2008, we recognized the warrant at fair value, and we do not recognize subsequent changes in fair value while the warrant remains classified in equity. We reco...
us-gaap:WarrantsAndRightsOutstanding
We account for the warrant in permanent equity. At issuance on September 7, 2008, we recognized the warrant at fair value, and we do not recognize subsequent changes in fair value while the warrant remains classified in equity. We recorded an aggregate fair value of $ 2.3 billion for the warrant as a component of addit...
text
0.00001
perShareItemType
text: <entity> 0.00001 </entity> <entity type> perShareItemType </entity type> <context> We account for the warrant in permanent equity. At issuance on September 7, 2008, we recognized the warrant at fair value, and we do not recognize subsequent changes in fair value while the warrant remains classified in equity. We ...
us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
Dividend rate resets quarterly and is equal to the sum of spread-adjusted three-month CME Term SOFR plus 0.50 % but not less than 4.00 %
text
4.00
percentItemType
text: <entity> 4.00 </entity> <entity type> percentItemType </entity type> <context> Dividend rate resets quarterly and is equal to the sum of spread-adjusted three-month CME Term SOFR plus 0.50 % but not less than 4.00 % </context>
us-gaap:PreferredStockDividendRatePercentage
We did no t repurchase or issue any of our common shares or non-cumulative preferred stock during 2024 and 2023. At both December 31, 2024 and December 31, 2023, no RSUs or stock options were outstanding. There were 41,160 shares of restricted stock outstanding at both December 31, 2024 and December 31, 2023.
text
no
sharesItemType
text: <entity> no </entity> <entity type> sharesItemType </entity type> <context> We did no t repurchase or issue any of our common shares or non-cumulative preferred stock during 2024 and 2023. At both December 31, 2024 and December 31, 2023, no RSUs or stock options were outstanding. There were 41,160 shares of restr...
us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
- Payment of dividends on our common stock is also subject to the prior payment of dividends on our 24 series of preferred stock and one series of senior preferred stock, representing an aggregate of 464,170,000 shares and 1,000,000 shares outstanding, respectively, as of December 31, 2024. Payment of dividends on all ...
text
464170000
sharesItemType
text: <entity> 464170000 </entity> <entity type> sharesItemType </entity type> <context> - Payment of dividends on our common stock is also subject to the prior payment of dividends on our 24 series of preferred stock and one series of senior preferred stock, representing an aggregate of 464,170,000 shares and 1,000,00...
us-gaap:PreferredStockSharesOutstanding
- Payment of dividends on our common stock is also subject to the prior payment of dividends on our 24 series of preferred stock and one series of senior preferred stock, representing an aggregate of 464,170,000 shares and 1,000,000 shares outstanding, respectively, as of December 31, 2024. Payment of dividends on all ...
text
1000000
sharesItemType
text: <entity> 1000000 </entity> <entity type> sharesItemType </entity type> <context> - Payment of dividends on our common stock is also subject to the prior payment of dividends on our 24 series of preferred stock and one series of senior preferred stock, representing an aggregate of 464,170,000 shares and 1,000,000 ...
us-gaap:PreferredStockSharesOutstanding
Based on all positive and negative evidence available at December 31, 2024, we determined that it is more likely than not that our net deferred tax assets, except for the deferred tax asset related to our capital loss carryforwards, will be realized. A valuation allowance of $ 17 million has been recorded against our c...
text
17
monetaryItemType
text: <entity> 17 </entity> <entity type> monetaryItemType </entity type> <context> Based on all positive and negative evidence available at December 31, 2024, we determined that it is more likely than not that our net deferred tax assets, except for the deferred tax asset related to our capital loss carryforwards, wil...
us-gaap:DeferredTaxAssetsValuationAllowance
We recognize a tax position taken or expected to be taken (and any associated interest and penalties) if it is more likely than not that it will be sustained upon examination, including resolution of any related appeals or litigation processes, based on the technical merits of the position. We measure the tax position ...
text
no
monetaryItemType
text: <entity> no </entity> <entity type> monetaryItemType </entity type> <context> We recognize a tax position taken or expected to be taken (and any associated interest and penalties) if it is more likely than not that it will be sustained upon examination, including resolution of any related appeals or litigation pr...
us-gaap:UnrecognizedTaxBenefits
As shown in the table below, we have two reportable segments, Single-Family and Multifamily.
text
two
integerItemType
text: <entity> two </entity> <entity type> integerItemType </entity type> <context> As shown in the table below, we have two reportable segments, Single-Family and Multifamily. </context>
us-gaap:NumberOfReportableSegments
We acquire a significant portion of our Single-Family loan purchase volume from several large sellers. Our top 10 sellers provided approximately 55 % of our Single-Family purchase volume, including one seller that provided 10% or more of our Single-Family purchase volume during 2024.
text
55
percentItemType
text: <entity> 55 </entity> <entity type> percentItemType </entity type> <context> We acquire a significant portion of our Single-Family loan purchase volume from several large sellers. Our top 10 sellers provided approximately 55 % of our Single-Family purchase volume, including one seller that provided 10% or more of...
us-gaap:ConcentrationRiskPercentage1
We purchase single-family loans from both depository and non-depository sellers. Non-depository institutions may not have the same financial strength or operational capacity, or be subject to the same level of regulatory oversight, as large depository institutions. Our top five non-depository sellers provided approxima...
text
42
percentItemType
text: <entity> 42 </entity> <entity type> percentItemType </entity type> <context> We purchase single-family loans from both depository and non-depository sellers. Non-depository institutions may not have the same financial strength or operational capacity, or be subject to the same level of regulatory oversight, as la...
us-gaap:ConcentrationRiskPercentage1
Several large servicers hold the rights to service significant portions of our single-family loans. Our top 10 servicers held the rights to service approximately 55 % of our Single-Family mortgage portfolio, including one servicer that held servicing rights for 10% or more of our Single-Family mortgage portfolio as of ...
text
55
percentItemType
text: <entity> 55 </entity> <entity type> percentItemType </entity type> <context> Several large servicers hold the rights to service significant portions of our single-family loans. Our top 10 servicers held the rights to service approximately 55 % of our Single-Family mortgage portfolio, including one servicer that h...
us-gaap:ConcentrationRiskPercentage1
We utilize both depository and non-depository servicers for single-family loans. Some of these non-depository servicers hold the rights to service a large share of our loans. As of December 31, 2024, approximately 29 % of servicing rights for our Single-Family mortgage portfolio, excluding loans for which we do not exe...
text
29
percentItemType
text: <entity> 29 </entity> <entity type> percentItemType </entity type> <context> We utilize both depository and non-depository servicers for single-family loans. Some of these non-depository servicers hold the rights to service a large share of our loans. As of December 31, 2024, approximately 29 % of servicing right...
us-gaap:ConcentrationRiskPercentage1
We acquire a significant portion of our Multifamily loan purchase and guarantee volume from several large sellers. Our top 10 sellers provided approximately 70 % of our Multifamily purchase and guarantee volume, including three sellers that each provided 10% or more of our Multifamily purchase and guarantee volume duri...
text
70
percentItemType
text: <entity> 70 </entity> <entity type> percentItemType </entity type> <context> We acquire a significant portion of our Multifamily loan purchase and guarantee volume from several large sellers. Our top 10 sellers provided approximately 70 % of our Multifamily purchase and guarantee volume, including three sellers t...
us-gaap:ConcentrationRiskPercentage1
Significant portions of our multifamily loans are serviced by several large servicers. Our top 10 servicers serviced approximately 77 % of our Multifamily mortgage portfolio, including three servicers that each serviced 10% or more of our Multifamily mortgage portfolio as of December 31, 2024.
text
77
percentItemType
text: <entity> 77 </entity> <entity type> percentItemType </entity type> <context> Significant portions of our multifamily loans are serviced by several large servicers. Our top 10 servicers serviced approximately 77 % of our Multifamily mortgage portfolio, including three servicers that each serviced 10% or more of ou...
us-gaap:ConcentrationRiskPercentage1
The GAAP carrying amounts measured at amortized cost, lower-of-cost-or-fair-value, and FV - NI were $ 3.2 trillion, $ 4.2 billion and $ 13.8 billion as of December 31, 2024, respectively, and $ 3.1 trillion, $ 5.6 billion and $ 9.2 billion as of December 31, 2023, respectively.
text
3.2
monetaryItemType
text: <entity> 3.2 </entity> <entity type> monetaryItemType </entity type> <context> The GAAP carrying amounts measured at amortized cost, lower-of-cost-or-fair-value, and FV - NI were $ 3.2 trillion, $ 4.2 billion and $ 13.8 billion as of December 31, 2024, respectively, and $ 3.1 trillion, $ 5.6 billion and $ 9.2 bi...
us-gaap:LoansReceivableFairValueDisclosure
The GAAP carrying amounts measured at amortized cost, lower-of-cost-or-fair-value, and FV - NI were $ 3.2 trillion, $ 4.2 billion and $ 13.8 billion as of December 31, 2024, respectively, and $ 3.1 trillion, $ 5.6 billion and $ 9.2 billion as of December 31, 2023, respectively.
text
4.2
monetaryItemType
text: <entity> 4.2 </entity> <entity type> monetaryItemType </entity type> <context> The GAAP carrying amounts measured at amortized cost, lower-of-cost-or-fair-value, and FV - NI were $ 3.2 trillion, $ 4.2 billion and $ 13.8 billion as of December 31, 2024, respectively, and $ 3.1 trillion, $ 5.6 billion and $ 9.2 bi...
us-gaap:LoansReceivableFairValueDisclosure
The GAAP carrying amounts measured at amortized cost, lower-of-cost-or-fair-value, and FV - NI were $ 3.2 trillion, $ 4.2 billion and $ 13.8 billion as of December 31, 2024, respectively, and $ 3.1 trillion, $ 5.6 billion and $ 9.2 billion as of December 31, 2023, respectively.
text
13.8
monetaryItemType
text: <entity> 13.8 </entity> <entity type> monetaryItemType </entity type> <context> The GAAP carrying amounts measured at amortized cost, lower-of-cost-or-fair-value, and FV - NI were $ 3.2 trillion, $ 4.2 billion and $ 13.8 billion as of December 31, 2024, respectively, and $ 3.1 trillion, $ 5.6 billion and $ 9.2 b...
us-gaap:LoansReceivableFairValueDisclosure
The GAAP carrying amounts measured at amortized cost, lower-of-cost-or-fair-value, and FV - NI were $ 3.2 trillion, $ 4.2 billion and $ 13.8 billion as of December 31, 2024, respectively, and $ 3.1 trillion, $ 5.6 billion and $ 9.2 billion as of December 31, 2023, respectively.
text
3.1
monetaryItemType
text: <entity> 3.1 </entity> <entity type> monetaryItemType </entity type> <context> The GAAP carrying amounts measured at amortized cost, lower-of-cost-or-fair-value, and FV - NI were $ 3.2 trillion, $ 4.2 billion and $ 13.8 billion as of December 31, 2024, respectively, and $ 3.1 trillion, $ 5.6 billion and $ 9.2 bi...
us-gaap:LoansReceivableFairValueDisclosure
The GAAP carrying amounts measured at amortized cost, lower-of-cost-or-fair-value, and FV - NI were $ 3.2 trillion, $ 4.2 billion and $ 13.8 billion as of December 31, 2024, respectively, and $ 3.1 trillion, $ 5.6 billion and $ 9.2 billion as of December 31, 2023, respectively.
text
5.6
monetaryItemType
text: <entity> 5.6 </entity> <entity type> monetaryItemType </entity type> <context> The GAAP carrying amounts measured at amortized cost, lower-of-cost-or-fair-value, and FV - NI were $ 3.2 trillion, $ 4.2 billion and $ 13.8 billion as of December 31, 2024, respectively, and $ 3.1 trillion, $ 5.6 billion and $ 9.2 bi...
us-gaap:LoansReceivableFairValueDisclosure
The GAAP carrying amounts measured at amortized cost, lower-of-cost-or-fair-value, and FV - NI were $ 3.2 trillion, $ 4.2 billion and $ 13.8 billion as of December 31, 2024, respectively, and $ 3.1 trillion, $ 5.6 billion and $ 9.2 billion as of December 31, 2023, respectively.
text
9.2
monetaryItemType
text: <entity> 9.2 </entity> <entity type> monetaryItemType </entity type> <context> The GAAP carrying amounts measured at amortized cost, lower-of-cost-or-fair-value, and FV - NI were $ 3.2 trillion, $ 4.2 billion and $ 13.8 billion as of December 31, 2024, respectively, and $ 3.1 trillion, $ 5.6 billion and $ 9.2 bi...
us-gaap:LoansReceivableFairValueDisclosure
The GAAP carrying amounts measured at amortized cost and FV - NI were $ 3.3 trillion and $ 2.3 billion as of December 31, 2024, respectively, and $ 3.2 trillion and $ 2.5 billion as of December 31, 2023, respectively.
text
3.3
monetaryItemType
text: <entity> 3.3 </entity> <entity type> monetaryItemType </entity type> <context> The GAAP carrying amounts measured at amortized cost and FV - NI were $ 3.3 trillion and $ 2.3 billion as of December 31, 2024, respectively, and $ 3.2 trillion and $ 2.5 billion as of December 31, 2023, respectively. </context>
us-gaap:DebtInstrumentFairValue
The GAAP carrying amounts measured at amortized cost and FV - NI were $ 3.3 trillion and $ 2.3 billion as of December 31, 2024, respectively, and $ 3.2 trillion and $ 2.5 billion as of December 31, 2023, respectively.
text
2.3
monetaryItemType
text: <entity> 2.3 </entity> <entity type> monetaryItemType </entity type> <context> The GAAP carrying amounts measured at amortized cost and FV - NI were $ 3.3 trillion and $ 2.3 billion as of December 31, 2024, respectively, and $ 3.2 trillion and $ 2.5 billion as of December 31, 2023, respectively. </context>
us-gaap:DebtInstrumentFairValue
The GAAP carrying amounts measured at amortized cost and FV - NI were $ 3.3 trillion and $ 2.3 billion as of December 31, 2024, respectively, and $ 3.2 trillion and $ 2.5 billion as of December 31, 2023, respectively.
text
3.2
monetaryItemType
text: <entity> 3.2 </entity> <entity type> monetaryItemType </entity type> <context> The GAAP carrying amounts measured at amortized cost and FV - NI were $ 3.3 trillion and $ 2.3 billion as of December 31, 2024, respectively, and $ 3.2 trillion and $ 2.5 billion as of December 31, 2023, respectively. </context>
us-gaap:DebtInstrumentFairValue
The GAAP carrying amounts measured at amortized cost and FV - NI were $ 3.3 trillion and $ 2.3 billion as of December 31, 2024, respectively, and $ 3.2 trillion and $ 2.5 billion as of December 31, 2023, respectively.
text
2.5
monetaryItemType
text: <entity> 2.5 </entity> <entity type> monetaryItemType </entity type> <context> The GAAP carrying amounts measured at amortized cost and FV - NI were $ 3.3 trillion and $ 2.3 billion as of December 31, 2024, respectively, and $ 3.2 trillion and $ 2.5 billion as of December 31, 2023, respectively. </context>
us-gaap:DebtInstrumentFairValue
Court rulings limited the Plaintiffs’ damages theories to those based on the decline in Freddie Mac’s and Fannie Mae’s share value immediately after the Third Amendment. The Plaintiffs asserted losses based on the decline in value of Freddie Mac’s common and junior preferred stock from August 16 to August 17, 2012. Dur...
text
832
monetaryItemType
text: <entity> 832 </entity> <entity type> monetaryItemType </entity type> <context> Court rulings limited the Plaintiffs’ damages theories to those based on the decline in Freddie Mac’s and Fannie Mae’s share value immediately after the Third Amendment. The Plaintiffs asserted losses based on the decline in value of F...
us-gaap:LossContingencyDamagesSoughtValue
Court rulings limited the Plaintiffs’ damages theories to those based on the decline in Freddie Mac’s and Fannie Mae’s share value immediately after the Third Amendment. The Plaintiffs asserted losses based on the decline in value of Freddie Mac’s common and junior preferred stock from August 16 to August 17, 2012. Dur...
text
282
monetaryItemType
text: <entity> 282 </entity> <entity type> monetaryItemType </entity type> <context> Court rulings limited the Plaintiffs’ damages theories to those based on the decline in Freddie Mac’s and Fannie Mae’s share value immediately after the Third Amendment. The Plaintiffs asserted losses based on the decline in value of F...
us-gaap:LossContingencyDamagesAwardedValue
Court rulings limited the Plaintiffs’ damages theories to those based on the decline in Freddie Mac’s and Fannie Mae’s share value immediately after the Third Amendment. The Plaintiffs asserted losses based on the decline in value of Freddie Mac’s common and junior preferred stock from August 16 to August 17, 2012. Dur...
text
31
monetaryItemType
text: <entity> 31 </entity> <entity type> monetaryItemType </entity type> <context> Court rulings limited the Plaintiffs’ damages theories to those based on the decline in Freddie Mac’s and Fannie Mae’s share value immediately after the Third Amendment. The Plaintiffs asserted losses based on the decline in value of Fr...
us-gaap:LossContingencyDamagesAwardedValue
Court rulings limited the Plaintiffs’ damages theories to those based on the decline in Freddie Mac’s and Fannie Mae’s share value immediately after the Third Amendment. The Plaintiffs asserted losses based on the decline in value of Freddie Mac’s common and junior preferred stock from August 16 to August 17, 2012. Dur...
text
313
monetaryItemType
text: <entity> 313 </entity> <entity type> monetaryItemType </entity type> <context> Court rulings limited the Plaintiffs’ damages theories to those based on the decline in Freddie Mac’s and Fannie Mae’s share value immediately after the Third Amendment. The Plaintiffs asserted losses based on the decline in value of F...
us-gaap:LossContingencyAccrualAtCarryingValue
In certain carrier contracts we are required to prepay our obligations for the expected claims activity for subsequent periods. These prepaid balances by agreement permit net settlement of obligations and offset the accrued health insurance costs. As of December 31, 2024 and 2023, prepayments and miscellaneous receivab...
text
60
monetaryItemType
text: <entity> 60 </entity> <entity type> monetaryItemType </entity type> <context> In certain carrier contracts we are required to prepay our obligations for the expected claims activity for subsequent periods. These prepaid balances by agreement permit net settlement of obligations and offset the accrued health insur...
us-gaap:PrepaidInsurance
In certain carrier contracts we are required to prepay our obligations for the expected claims activity for subsequent periods. These prepaid balances by agreement permit net settlement of obligations and offset the accrued health insurance costs. As of December 31, 2024 and 2023, prepayments and miscellaneous receivab...
text
58
monetaryItemType
text: <entity> 58 </entity> <entity type> monetaryItemType </entity type> <context> In certain carrier contracts we are required to prepay our obligations for the expected claims activity for subsequent periods. These prepaid balances by agreement permit net settlement of obligations and offset the accrued health insur...
us-gaap:PrepaidInsurance
In certain carrier contracts we are required to prepay our obligations for the expected claims activity for subsequent periods. These prepaid balances by agreement permit net settlement of obligations and offset the accrued health insurance costs. As of December 31, 2024 and 2023, prepayments and miscellaneous receivab...
text
90
monetaryItemType
text: <entity> 90 </entity> <entity type> monetaryItemType </entity type> <context> In certain carrier contracts we are required to prepay our obligations for the expected claims activity for subsequent periods. These prepaid balances by agreement permit net settlement of obligations and offset the accrued health insur...
us-gaap:PrepaidInsurance
In certain carrier contracts we are required to prepay our obligations for the expected claims activity for subsequent periods. These prepaid balances by agreement permit net settlement of obligations and offset the accrued health insurance costs. As of December 31, 2024 and 2023, prepayments and miscellaneous receivab...
text
68
monetaryItemType
text: <entity> 68 </entity> <entity type> monetaryItemType </entity type> <context> In certain carrier contracts we are required to prepay our obligations for the expected claims activity for subsequent periods. These prepaid balances by agreement permit net settlement of obligations and offset the accrued health insur...
us-gaap:PrepaidInsurance
We measure our lease liabilities based on the future minimum lease payments discounted over the lease term. We determine our discount rate at lease inception using our incremental borrowing rate, which is based on our outstanding debts that are collateralized by certain corporate assets. As of December 31, 2024 and 202...
text
4.9
percentItemType
text: <entity> 4.9 </entity> <entity type> percentItemType </entity type> <context> We measure our lease liabilities based on the future minimum lease payments discounted over the lease term. We determine our discount rate at lease inception using our incremental borrowing rate, which is based on our outstanding debts ...
us-gaap:OperatingLeaseWeightedAverageDiscountRatePercent
We measure our lease liabilities based on the future minimum lease payments discounted over the lease term. We determine our discount rate at lease inception using our incremental borrowing rate, which is based on our outstanding debts that are collateralized by certain corporate assets. As of December 31, 2024 and 202...
text
4.2
percentItemType
text: <entity> 4.2 </entity> <entity type> percentItemType </entity type> <context> We measure our lease liabilities based on the future minimum lease payments discounted over the lease term. We determine our discount rate at lease inception using our incremental borrowing rate, which is based on our outstanding debts ...
us-gaap:OperatingLeaseWeightedAverageDiscountRatePercent
Our goodwill and identifiable intangible assets with indefinite useful lives are not amortized but are tested for impairment on an annual basis or when an event occurs or circumstances change in a way to indicate that there has been a potential decline in the fair value of the reporting unit. Goodwill impairment is det...
text
one
integerItemType
text: <entity> one </entity> <entity type> integerItemType </entity type> <context> Our goodwill and identifiable intangible assets with indefinite useful lives are not amortized but are tested for impairment on an annual basis or when an event occurs or circumstances change in a way to indicate that there has been a p...
us-gaap:NumberOfReportingUnits
Our goodwill and identifiable intangible assets with indefinite useful lives are not amortized but are tested for impairment on an annual basis or when an event occurs or circumstances change in a way to indicate that there has been a potential decline in the fair value of the reporting unit. Goodwill impairment is det...
text
one
integerItemType
text: <entity> one </entity> <entity type> integerItemType </entity type> <context> Our goodwill and identifiable intangible assets with indefinite useful lives are not amortized but are tested for impairment on an annual basis or when an event occurs or circumstances change in a way to indicate that there has been a p...
us-gaap:NumberOfReportableSegments
Annually, we perform a qualitative assessment to determine whether it is more likely than not that the fair value of the reporting unit has declined below its carrying value. This assessment considers various financial, macroeconomic, industry, and reporting unit specific qualitative factors. We perform our annual impa...
text
24
monetaryItemType
text: <entity> 24 </entity> <entity type> monetaryItemType </entity type> <context> Annually, we perform a qualitative assessment to determine whether it is more likely than not that the fair value of the reporting unit has declined below its carrying value. This assessment considers various financial, macroeconomic, i...
us-gaap:ImpairmentOfIntangibleAssetsFinitelived
We expense the costs of producing advertisements at the time production occurs, and expense the cost of running advertisements in the period in which the advertising space or airtime is used as sales and marketing expense. Advertising costs were $ 20 million, $ 37 million, and $ 29 million for the years ended December ...
text
20
monetaryItemType
text: <entity> 20 </entity> <entity type> monetaryItemType </entity type> <context> We expense the costs of producing advertisements at the time production occurs, and expense the cost of running advertisements in the period in which the advertising space or airtime is used as sales and marketing expense. Advertising c...
us-gaap:AdvertisingExpense
We expense the costs of producing advertisements at the time production occurs, and expense the cost of running advertisements in the period in which the advertising space or airtime is used as sales and marketing expense. Advertising costs were $ 20 million, $ 37 million, and $ 29 million for the years ended December ...
text
37
monetaryItemType
text: <entity> 37 </entity> <entity type> monetaryItemType </entity type> <context> We expense the costs of producing advertisements at the time production occurs, and expense the cost of running advertisements in the period in which the advertising space or airtime is used as sales and marketing expense. Advertising c...
us-gaap:AdvertisingExpense
We expense the costs of producing advertisements at the time production occurs, and expense the cost of running advertisements in the period in which the advertising space or airtime is used as sales and marketing expense. Advertising costs were $ 20 million, $ 37 million, and $ 29 million for the years ended December ...
text
29
monetaryItemType
text: <entity> 29 </entity> <entity type> monetaryItemType </entity type> <context> We expense the costs of producing advertisements at the time production occurs, and expense the cost of running advertisements in the period in which the advertising space or airtime is used as sales and marketing expense. Advertising c...
us-gaap:AdvertisingExpense
The fair value of our 2029 Notes and 2031 Notes was obtained from a third-party pricing service and is based on observable market inputs. As such, the fair value of the Senior Notes is considered Level 2 in the hierarchy for fair value measurement. As of December 31, 2024, our 2029 Notes and 2031 Notes were carried at ...
text
453
monetaryItemType
text: <entity> 453 </entity> <entity type> monetaryItemType </entity type> <context> The fair value of our 2029 Notes and 2031 Notes was obtained from a third-party pricing service and is based on observable market inputs. As such, the fair value of the Senior Notes is considered Level 2 in the hierarchy for fair value...
us-gaap:NotesPayableFairValueDisclosure
The fair value of our 2029 Notes and 2031 Notes was obtained from a third-party pricing service and is based on observable market inputs. As such, the fair value of the Senior Notes is considered Level 2 in the hierarchy for fair value measurement. As of December 31, 2024, our 2029 Notes and 2031 Notes were carried at ...
text
408
monetaryItemType
text: <entity> 408 </entity> <entity type> monetaryItemType </entity type> <context> The fair value of our 2029 Notes and 2031 Notes was obtained from a third-party pricing service and is based on observable market inputs. As such, the fair value of the Senior Notes is considered Level 2 in the hierarchy for fair value...
us-gaap:NotesPayableFairValueDisclosure
The fair value of our 2029 Notes and 2031 Notes was obtained from a third-party pricing service and is based on observable market inputs. As such, the fair value of the Senior Notes is considered Level 2 in the hierarchy for fair value measurement. As of December 31, 2024, our 2029 Notes and 2031 Notes were carried at ...
text
443
monetaryItemType
text: <entity> 443 </entity> <entity type> monetaryItemType </entity type> <context> The fair value of our 2029 Notes and 2031 Notes was obtained from a third-party pricing service and is based on observable market inputs. As such, the fair value of the Senior Notes is considered Level 2 in the hierarchy for fair value...
us-gaap:NotesPayableFairValueDisclosure
The fair value of our 2029 Notes and 2031 Notes was obtained from a third-party pricing service and is based on observable market inputs. As such, the fair value of the Senior Notes is considered Level 2 in the hierarchy for fair value measurement. As of December 31, 2024, our 2029 Notes and 2031 Notes were carried at ...
text
414
monetaryItemType
text: <entity> 414 </entity> <entity type> monetaryItemType </entity type> <context> The fair value of our 2029 Notes and 2031 Notes was obtained from a third-party pricing service and is based on observable market inputs. As such, the fair value of the Senior Notes is considered Level 2 in the hierarchy for fair value...
us-gaap:NotesPayableFairValueDisclosure
Depreciation of property and equipment was $ 7 million, $ 9 million, and $ 10 million for years ended December 31, 2024, 2023, and 2022, respectively.
text
7
monetaryItemType
text: <entity> 7 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation of property and equipment was $ 7 million, $ 9 million, and $ 10 million for years ended December 31, 2024, 2023, and 2022, respectively. </context>
us-gaap:Depreciation
Depreciation of property and equipment was $ 7 million, $ 9 million, and $ 10 million for years ended December 31, 2024, 2023, and 2022, respectively.
text
9
monetaryItemType
text: <entity> 9 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation of property and equipment was $ 7 million, $ 9 million, and $ 10 million for years ended December 31, 2024, 2023, and 2022, respectively. </context>
us-gaap:Depreciation
Depreciation of property and equipment was $ 7 million, $ 9 million, and $ 10 million for years ended December 31, 2024, 2023, and 2022, respectively.
text
10
monetaryItemType
text: <entity> 10 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation of property and equipment was $ 7 million, $ 9 million, and $ 10 million for years ended December 31, 2024, 2023, and 2022, respectively. </context>
us-gaap:Depreciation
, we have classified approximately $ 7 million of assets and an immaterial amount of liabilities as held for sale and compared the carrying value of those assets to their estimated fair value, which is based on their estimated selling price. This resulted in a $ 1 million goodwill impairment for 2024.
text
1
monetaryItemType
text: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> , we have classified approximately $ 7 million of assets and an immaterial amount of liabilities as held for sale and compared the carrying value of those assets to their estimated fair value, which is based on their estimated selling pr...
us-gaap:GoodwillImpairmentLoss
Amortization of intangible assets during the years ended December 31, 2024, 2023 and 2022 was $ 68 million, $ 63 million and $ 54 million, respectively. We evaluate the remaining useful life of intangible assets annually to determine whether events and circumstances warrant a revision to the estimated remaining useful ...
text
68
monetaryItemType
text: <entity> 68 </entity> <entity type> monetaryItemType </entity type> <context> Amortization of intangible assets during the years ended December 31, 2024, 2023 and 2022 was $ 68 million, $ 63 million and $ 54 million, respectively. We evaluate the remaining useful life of intangible assets annually to determine wh...
us-gaap:AmortizationOfIntangibleAssets
Amortization of intangible assets during the years ended December 31, 2024, 2023 and 2022 was $ 68 million, $ 63 million and $ 54 million, respectively. We evaluate the remaining useful life of intangible assets annually to determine whether events and circumstances warrant a revision to the estimated remaining useful ...
text
63
monetaryItemType
text: <entity> 63 </entity> <entity type> monetaryItemType </entity type> <context> Amortization of intangible assets during the years ended December 31, 2024, 2023 and 2022 was $ 68 million, $ 63 million and $ 54 million, respectively. We evaluate the remaining useful life of intangible assets annually to determine wh...
us-gaap:AmortizationOfIntangibleAssets
Amortization of intangible assets during the years ended December 31, 2024, 2023 and 2022 was $ 68 million, $ 63 million and $ 54 million, respectively. We evaluate the remaining useful life of intangible assets annually to determine whether events and circumstances warrant a revision to the estimated remaining useful ...
text
54
monetaryItemType
text: <entity> 54 </entity> <entity type> monetaryItemType </entity type> <context> Amortization of intangible assets during the years ended December 31, 2024, 2023 and 2022 was $ 68 million, $ 63 million and $ 54 million, respectively. We evaluate the remaining useful life of intangible assets annually to determine wh...
us-gaap:AmortizationOfIntangibleAssets
, we recognized an impairment charge of $ 24 million related to customer relationships assets, which was classified in G&A in our Consolidated statement of income and comprehensive income. This impairment charge was determined using a discounted cash flows model and Level 3 fair value inputs related to the expected att...
text
24
monetaryItemType
text: <entity> 24 </entity> <entity type> monetaryItemType </entity type> <context> , we recognized an impairment charge of $ 24 million related to customer relationships assets, which was classified in G&A in our Consolidated statement of income and comprehensive income. This impairment charge was determined using a d...
us-gaap:GoodwillImpairedAccumulatedImpairmentLoss
We recognized operating lease expense of $ 15 million, $ 11 million and $ 15 million for the years ended December 31, 2024, 2023 and 2022, respectively. For the years ended December 31, 2024 and 2023, we recognized $ 5 million and $ 6 million, respectively, of lease impairment due to the closing of several offices.
text
15
monetaryItemType
text: <entity> 15 </entity> <entity type> monetaryItemType </entity type> <context> We recognized operating lease expense of $ 15 million, $ 11 million and $ 15 million for the years ended December 31, 2024, 2023 and 2022, respectively. For the years ended December 31, 2024 and 2023, we recognized $ 5 million and $ 6 m...
us-gaap:OperatingLeaseCost
We recognized operating lease expense of $ 15 million, $ 11 million and $ 15 million for the years ended December 31, 2024, 2023 and 2022, respectively. For the years ended December 31, 2024 and 2023, we recognized $ 5 million and $ 6 million, respectively, of lease impairment due to the closing of several offices.
text
11
monetaryItemType
text: <entity> 11 </entity> <entity type> monetaryItemType </entity type> <context> We recognized operating lease expense of $ 15 million, $ 11 million and $ 15 million for the years ended December 31, 2024, 2023 and 2022, respectively. For the years ended December 31, 2024 and 2023, we recognized $ 5 million and $ 6 m...
us-gaap:OperatingLeaseCost
We recognized operating lease expense of $ 15 million, $ 11 million and $ 15 million for the years ended December 31, 2024, 2023 and 2022, respectively. For the years ended December 31, 2024 and 2023, we recognized $ 5 million and $ 6 million, respectively, of lease impairment due to the closing of several offices.
text
5
monetaryItemType
text: <entity> 5 </entity> <entity type> monetaryItemType </entity type> <context> We recognized operating lease expense of $ 15 million, $ 11 million and $ 15 million for the years ended December 31, 2024, 2023 and 2022, respectively. For the years ended December 31, 2024 and 2023, we recognized $ 5 million and $ 6 mi...
us-gaap:OperatingLeaseImpairmentLoss
We recognized operating lease expense of $ 15 million, $ 11 million and $ 15 million for the years ended December 31, 2024, 2023 and 2022, respectively. For the years ended December 31, 2024 and 2023, we recognized $ 5 million and $ 6 million, respectively, of lease impairment due to the closing of several offices.
text
6
monetaryItemType
text: <entity> 6 </entity> <entity type> monetaryItemType </entity type> <context> We recognized operating lease expense of $ 15 million, $ 11 million and $ 15 million for the years ended December 31, 2024, 2023 and 2022, respectively. For the years ended December 31, 2024 and 2023, we recognized $ 5 million and $ 6 mi...
us-gaap:OperatingLeaseImpairmentLoss
In March 2023, as a precaution to ensure we maintained liquidity during the uncertainty of the banking crisis that followed the failure of Silicon Valley Bank, we drew down the available $ 495 million of capacity under our 2021 Revolver. As concerns about market liquidity subsided, we repaid $ 200 million in March and ...
text
495
monetaryItemType
text: <entity> 495 </entity> <entity type> monetaryItemType </entity type> <context> In March 2023, as a precaution to ensure we maintained liquidity during the uncertainty of the banking crisis that followed the failure of Silicon Valley Bank, we drew down the available $ 495 million of capacity under our 2021 Revolve...
us-gaap:ProceedsFromLongTermLinesOfCredit
In March 2023, as a precaution to ensure we maintained liquidity during the uncertainty of the banking crisis that followed the failure of Silicon Valley Bank, we drew down the available $ 495 million of capacity under our 2021 Revolver. As concerns about market liquidity subsided, we repaid $ 200 million in March and ...
text
200
monetaryItemType
text: <entity> 200 </entity> <entity type> monetaryItemType </entity type> <context> In March 2023, as a precaution to ensure we maintained liquidity during the uncertainty of the banking crisis that followed the failure of Silicon Valley Bank, we drew down the available $ 495 million of capacity under our 2021 Revolve...
us-gaap:RepaymentsOfLongTermLinesOfCredit
In March 2023, as a precaution to ensure we maintained liquidity during the uncertainty of the banking crisis that followed the failure of Silicon Valley Bank, we drew down the available $ 495 million of capacity under our 2021 Revolver. As concerns about market liquidity subsided, we repaid $ 200 million in March and ...
text
295
monetaryItemType
text: <entity> 295 </entity> <entity type> monetaryItemType </entity type> <context> In March 2023, as a precaution to ensure we maintained liquidity during the uncertainty of the banking crisis that followed the failure of Silicon Valley Bank, we drew down the available $ 495 million of capacity under our 2021 Revolve...
us-gaap:RepaymentsOfLongTermLinesOfCredit
In March 2023, as a precaution to ensure we maintained liquidity during the uncertainty of the banking crisis that followed the failure of Silicon Valley Bank, we drew down the available $ 495 million of capacity under our 2021 Revolver. As concerns about market liquidity subsided, we repaid $ 200 million in March and ...
text
200
monetaryItemType
text: <entity> 200 </entity> <entity type> monetaryItemType </entity type> <context> In March 2023, as a precaution to ensure we maintained liquidity during the uncertainty of the banking crisis that followed the failure of Silicon Valley Bank, we drew down the available $ 495 million of capacity under our 2021 Revolve...
us-gaap:ProceedsFromLongTermLinesOfCredit
In March 2023, as a precaution to ensure we maintained liquidity during the uncertainty of the banking crisis that followed the failure of Silicon Valley Bank, we drew down the available $ 495 million of capacity under our 2021 Revolver. As concerns about market liquidity subsided, we repaid $ 200 million in March and ...
text
110
monetaryItemType
text: <entity> 110 </entity> <entity type> monetaryItemType </entity type> <context> In March 2023, as a precaution to ensure we maintained liquidity during the uncertainty of the banking crisis that followed the failure of Silicon Valley Bank, we drew down the available $ 495 million of capacity under our 2021 Revolve...
us-gaap:ProceedsFromLongTermLinesOfCredit
In February 2021, we issued $ 500 million aggregate principal of 3.50 % senior unsecured notes maturing in March 2029 (our 2029 Notes). In August 2023, we issued $ 400 million aggregate principal of 7.125 % senior unsecured notes maturing in August 2031 (our 2031 Notes). Interest payments on the 2031 Notes are due semi...
text
500
monetaryItemType
text: <entity> 500 </entity> <entity type> monetaryItemType </entity type> <context> In February 2021, we issued $ 500 million aggregate principal of 3.50 % senior unsecured notes maturing in March 2029 (our 2029 Notes). In August 2023, we issued $ 400 million aggregate principal of 7.125 % senior unsecured notes matur...
us-gaap:DebtInstrumentFaceAmount
In February 2021, we issued $ 500 million aggregate principal of 3.50 % senior unsecured notes maturing in March 2029 (our 2029 Notes). In August 2023, we issued $ 400 million aggregate principal of 7.125 % senior unsecured notes maturing in August 2031 (our 2031 Notes). Interest payments on the 2031 Notes are due semi...
text
3.50
percentItemType
text: <entity> 3.50 </entity> <entity type> percentItemType </entity type> <context> In February 2021, we issued $ 500 million aggregate principal of 3.50 % senior unsecured notes maturing in March 2029 (our 2029 Notes). In August 2023, we issued $ 400 million aggregate principal of 7.125 % senior unsecured notes matur...
us-gaap:DebtInstrumentInterestRateStatedPercentage
In February 2021, we issued $ 500 million aggregate principal of 3.50 % senior unsecured notes maturing in March 2029 (our 2029 Notes). In August 2023, we issued $ 400 million aggregate principal of 7.125 % senior unsecured notes maturing in August 2031 (our 2031 Notes). Interest payments on the 2031 Notes are due semi...
text
400
monetaryItemType
text: <entity> 400 </entity> <entity type> monetaryItemType </entity type> <context> In February 2021, we issued $ 500 million aggregate principal of 3.50 % senior unsecured notes maturing in March 2029 (our 2029 Notes). In August 2023, we issued $ 400 million aggregate principal of 7.125 % senior unsecured notes matur...
us-gaap:DebtInstrumentFaceAmount
In February 2021, we issued $ 500 million aggregate principal of 3.50 % senior unsecured notes maturing in March 2029 (our 2029 Notes). In August 2023, we issued $ 400 million aggregate principal of 7.125 % senior unsecured notes maturing in August 2031 (our 2031 Notes). Interest payments on the 2031 Notes are due semi...
text
7.125
percentItemType
text: <entity> 7.125 </entity> <entity type> percentItemType </entity type> <context> In February 2021, we issued $ 500 million aggregate principal of 3.50 % senior unsecured notes maturing in March 2029 (our 2029 Notes). In August 2023, we issued $ 400 million aggregate principal of 7.125 % senior unsecured notes matu...
us-gaap:DebtInstrumentInterestRateStatedPercentage
We may voluntarily redeem all or a part of the 2031 Notes on or after August 15, 2026, on any one or more occasions, at the redemption prices set forth in the indenture governing the 2031 Notes, plus, in each case, accrued and unpaid interest thereon, if any, to, but excluding, the applicable redemption date. In additi...
text
40
percentItemType
text: <entity> 40 </entity> <entity type> percentItemType </entity type> <context> We may voluntarily redeem all or a part of the 2031 Notes on or after August 15, 2026, on any one or more occasions, at the redemption prices set forth in the indenture governing the 2031 Notes, plus, in each case, accrued and unpaid int...
us-gaap:DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed