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v3.22.2

Notes Payable - Borrowings (Details) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2022 | Dec. 31, 2021
Due within one year: |  |
Current portion of medium-term notes | $ 7,063,602 | $ 6,986,799
Weighted - average rate (as a percent) | 1.19% | 0.45%
Medium-term notes due in: |  |
Two years | $ 4,356,442 |
Three years | 2,755,310 |
Four years | 2,646,648 |
Five years | 2,750,521 |
Thereafter | 4,265,636 |
Total due after one year | 16,774,557 |
Total principal net of discounts | 23,838,159 | $ 22,758,533
Hedging adjustments | (364,064) | (42,377)
Total | $ 23,474,095 | 22,716,156
Weighted - average rate (as a percent) | 1.45% |
Total weighted - average rate (as a percent) | 1.37% |
Two years |  |
Medium-term notes due in: |  |
Weighted - average rate (as a percent) | 1.13% |
Three years |  |
Medium-term notes due in: |  |
Weighted - average rate (as a percent) | 1.24% |
Four years |  |
Medium-term notes due in: |  |
Weighted - average rate (as a percent) | 1.06% |
Five years |  |
Medium-term notes due in: |  |
Weighted - average rate (as a percent) | 1.64% |
Thereafter |  |
Medium-term notes due in: |  |
Weighted - average rate (as a percent) | 2.03% |
Discount notes |  |
Due within one year: |  |
Current portion of medium-term notes | $ 1,476,680 | $ 2,167,979
Weighted - average rate (as a percent) | 1.10% | 0.05%
Short-term debt, average outstanding during the quarter | $ 1,733,373 | $ 1,822,714
Weighted - average rate, average outstanding during the quarter (as a percent) | 0.37% | 0.08%
Medium-term notes |  |
Due within one year: |  |
Current portion of medium-term notes | $ 1,370,907 | $ 837,580
Weighted - average rate (as a percent) | 1.73% | 0.09%
Short-term debt, average outstanding during the quarter | $ 942,055 | $ 1,956,870
Weighted - average rate, average outstanding during the quarter (as a percent) | 0.58% | 0.12%
Medium-term notes due in: |  |
Two years |  | $ 4,179,985
Three years |  | 2,554,906
Four years |  | 2,119,805
Five years |  | 2,810,894
Thereafter |  | 4,106,144
Total due after one year |  | $ 15,771,734
Weighted - average rate (as a percent) |  | 1.10%
Total weighted - average rate (as a percent) |  | 0.90%
Medium-term notes | Two years |  |
Medium-term notes due in: |  |
Weighted - average rate (as a percent) |  | 0.81%
Medium-term notes | Three years |  |
Medium-term notes due in: |  |
Weighted - average rate (as a percent) |  | 0.87%
Medium-term notes | Four years |  |
Medium-term notes due in: |  |
Weighted - average rate (as a percent) |  | 0.85%
Medium-term notes | Five years |  |
Medium-term notes due in: |  |
Weighted - average rate (as a percent) |  | 1.07%
Medium-term notes | Thereafter |  |
Medium-term notes due in: |  |
Weighted - average rate (as a percent) |  | 1.69%
Current portion of medium-term notes |  |
Due within one year: |  |
Current portion of medium-term notes | $ 4,216,015 | $ 3,981,240
Weighted - average rate (as a percent) | 1.05% | 0.75%

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