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v3.24.1.u1

NOTES PAYABLE - Borrowings (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2024 | Dec. 31, 2023
Due within one year: |  |
Outstanding, Amount | $ 8,870,013 | $ 8,087,168
Outstanding, Weighted - average rate | 3.63% | 3.52%
Medium-term notes due in: |  |
Two years | $ 4,972,023 |
Three years | 4,064,733 |
Four years | 2,568,251 |
Five years | 2,941,652 |
Thereafter | 3,398,246 |
Total due after one year | 17,944,905 |
Total principal net of discounts | 26,814,918 | $ 26,586,959
Hedging adjustments | (305,907) | (250,417)
Total | $ 26,509,011 | 26,336,542
Weighted - average rate | 3.21% |
Total weighted - average rate | 3.35% |
Two years |  |
Medium-term notes due in: |  |
Weighted - average rate | 2.95% |
Three years |  |
Medium-term notes due in: |  |
Weighted - average rate | 2.60% |
Four years |  |
Medium-term notes due in: |  |
Weighted - average rate | 3.84% |
Five years |  |
Medium-term notes due in: |  |
Weighted - average rate | 4.45% |
Thereafter |  |
Medium-term notes due in: |  |
Weighted - average rate | 2.76% |
Discount notes |  |
Due within one year: |  |
Outstanding, Amount | $ 1,898,810 | $ 1,734,387
Outstanding, Weighted - average rate | 5.23% | 5.32%
Average Outstanding, Amount | $ 1,662,014 | $ 1,097,300
Average Outstanding, Weighted - average rate (as a percent) | 5.25% | 5.08%
Medium-term notes |  |
Due within one year: |  |
Outstanding, Amount | $ 366,953 | $ 384,970
Outstanding, Weighted - average rate | 5.28% | 5.07%
Average Outstanding, Amount | $ 272,528 | $ 1,731,308
Average Outstanding, Weighted - average rate (as a percent) | 5.23% | 4.09%
Medium-term notes due in: |  |
Two years |  | $ 5,523,671
Three years |  | 3,825,702
Four years |  | 3,038,229
Five years |  | 2,623,202
Thereafter |  | 3,488,987
Total due after one year |  | $ 18,499,791
Weighted - average rate |  | 3.16%
Total weighted - average rate |  | 3.27%
Medium-term notes | Two years |  |
Medium-term notes due in: |  |
Weighted - average rate |  | 3.27%
Medium-term notes | Three years |  |
Medium-term notes due in: |  |
Weighted - average rate |  | 2.27%
Medium-term notes | Four years |  |
Medium-term notes due in: |  |
Weighted - average rate |  | 3.44%
Medium-term notes | Five years |  |
Medium-term notes due in: |  |
Weighted - average rate |  | 4.37%
Medium-term notes | Thereafter |  |
Medium-term notes due in: |  |
Weighted - average rate |  | 2.80%
Current portion of medium-term notes |  |
Due within one year: |  |
Outstanding, Amount | $ 6,604,250 | $ 5,967,811
Outstanding, Weighted - average rate | 3.08% | 2.90%

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