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v3.24.3

NOTES PAYABLE - Borrowings (Details) - USD ($) $ in Thousands | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2024 | Dec. 31, 2023
Due within one year: |  |
Outstanding, Amount | $ 9,945,445 | $ 8,087,168
Outstanding, Weighted - average rate | 3.90% | 3.52%
Medium-term notes due in: |  |
Two years | $ 4,552,685 |
Three years | 4,322,588 |
Four years | 2,731,158 |
Five years | 2,286,867 |
Thereafter | 3,355,828 |
Total due after one year | 17,249,126 |
Total principal net of discounts | 27,194,571 | $ 26,586,959
Hedging adjustments | (65,115) | (250,417)
Total | $ 27,129,456 | 26,336,542
Weighted - average rate | 3.31% |
Total weighted - average rate | 3.53% |
Two years |  |
Medium-term notes due in: |  |
Weighted - average rate | 2.90% |
Three years |  |
Medium-term notes due in: |  |
Weighted - average rate | 3.09% |
Four years |  |
Medium-term notes due in: |  |
Weighted - average rate | 3.97% |
Five years |  |
Medium-term notes due in: |  |
Weighted - average rate | 4.62% |
Thereafter |  |
Medium-term notes due in: |  |
Weighted - average rate | 2.73% |
Discount notes |  |
Due within one year: |  |
Outstanding, Amount | $ 2,209,572 | $ 1,734,387
Outstanding, Weighted - average rate | 4.82% | 5.32%
Average Outstanding, Amount | $ 1,884,228 | $ 1,097,300
Average Outstanding, Weighted - average rate (as a percent) | 5.22% | 5.08%
Medium-term notes |  |
Due within one year: |  |
Outstanding, Amount | $ 1,533,369 | $ 384,970
Outstanding, Weighted - average rate | 5.05% | 5.07%
Average Outstanding, Amount | $ 625,746 | $ 1,731,308
Average Outstanding, Weighted - average rate (as a percent) | 5.28% | 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 | $ 6,202,504 | $ 5,967,811
Outstanding, Weighted - average rate | 3.29% | 2.90%

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