XML 49 R36.htm IDEA: XBRL DOCUMENT
v3.22.2.2

COMMITMENTS AND CONTINGENT LIABILITIES (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract] |
Activity of Funding Agreements | The table below summarizes the Company’s activity of funding agreements with the FHLB. Change in FHLB Funding Agreements during the Nine Months Ended September 30, 2022
| Outstanding Balance at December 31, 2021 |  | Issued During the Period |  | Repaid During the Period |  | Long-term Agreements Maturing Within One Year |  | Long-term Agreements Maturing Within Five Years |  | Outstanding Balance at September 30, 2022
| (in millions)
Short-term funding agreements: |  |  |  |  |  |  |  |  |  |  |
Due in one year or less | $ | 5,353 |  |  | $ | 40,964 |  |  | $ | (41,132) |  |  | $ | 153 |  |  | $ | — |  |  | $ | 5,338 |
Long-term funding agreements: |  |  |  |  |  |  |  |  |  |  |
Due in years two through five | 1,290 |  |  | 647 |  |  | — |  |  | (153) |  |  | — |  |  | 1,784 |
Due in more than five years | — |  |  | 705 |  |  | — |  |  | — |  |  | — |  |  | 705 |
Total long-term funding agreements | 1,290 |  |  | 1,352 |  |  | — |  |  | (153) |  |  | — |  |  | 2,489 |
Total funding agreements (1) | $ | 6,643 |  |  | $ | 42,316 |  |  | $ | (41,132) |  |  | $ | — |  |  | $ | — |  |  | $ | 7,827 |
_____________ (1)The $4 million and $4 million difference between the funding agreements carrying value shown in fair value table for September 30, 2022 and December 31, 2021, respectively, reflects the remaining amortization of a hedge implemented and closed, which locked in the funding agreements borrowing rates. The table below summarizes Equitable Financial’s activity of funding agreements under the FABN program. Change in FABN Funding Agreements during the Nine Months Ended September 30, 2022
| Outstanding Balance at December 31, 2021 |  | Issued During the Period |  | Repaid During the Period |  | Long-term Agreements Maturing Within One Year |  | Long-term Agreements Maturing Within Five Years |  |  |  | Foreign Currency Transaction Adjustment |  | Outstanding Balance at September 30, 2022
| (in millions)
Short-term funding agreements: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Due in one year or less | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 1,000 |  |  | $ | — |  |  |  |  | $ | — |  |  | $ | 1,000 |
Long-term funding agreements: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Due in years two through five | 4,600 |  |  | — |  |  | — |  |  | (1,000) |  |  | 500 |  |  |  |  | — |  |  | 4,100 |
Due in more than five years | 2,119 |  |  | — |  |  | — |  |  | — |  |  | (500) |  |  |  |  | (79) |  |  | 1,540 |
Total long-term funding agreements | 6,719 |  |  | — |  |  | — |  |  | (1,000) |  |  | — |  |  |  |  | (79) |  |  | 5,640 |
Total funding agreements (1) | $ | 6,719 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  |  |  | $ | (79) |  |  | $ | 6,640 |
_____________ (1)The $28 million and $70 million difference between the funding agreements notional value shown and carrying value table as of September 30, 2022 and December 31, 2021, respectively, reflects the remaining amortization of the issuance cost of the funding agreements and the foreign currency transaction adjustment.

X
- References No definition available. + Details
Name: | us-gaap_CommitmentsAndContingenciesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of advances made and reported by Federal Home Loan Bank (FHLBank). + References No definition available. + Details
Name: | us-gaap_FederalHomeLoanBankAdvancesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration