Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 198

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 198
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 — 1 — 1 Comprehensive income— — — — — — 11,858 (5)— 11,853 Ending balance at December 31, 20241 464 650 $72,648 $14,109 $— ($23,270)($27)($3,885)$59,575 

The accompanying notes are an integral part of these consolidated financial statements.

FREDDIE MAC  |  2024 Form 10-K134

Financial StatementsConsolidated Statements of Cash Flows

FREDDIE MAC

Consolidated Statements of Cash Flows

Year Ended December 31,(In millions)202420232022Cash flows from operating activitiesNet income $11,858 $10,538 $9,327 Adjustments to reconcile net income to net cash provided by (used in) operating activities:Amortization of cost basis adjustments726 827 (1,264)Provision (benefit) for credit losses476 (872)1,841 Investment gains, net(2,433)(1,853)(2,763)Deferred income tax expense and changes in income taxes receivable/payable255 1,762 (223)Mortgage loans acquired as held-for-sale:Purchases(31,496)(29,339)(45,093)Proceeds from sales and repayments27,661 27,347 49,389 Net change in:Accrued interest receivable(1,103)(1,389)(1,038)Accrued interest payable1,020 1,507 1,041 Other, net(337)(913)708 Net cash provided by (used in) operating activities6,627 7,615 11,925 Cash flows from investing activitiesInvestment securities:Purchases(94,394)(101,238)(132,913)Proceeds from sales68,572 78,799 122,442 Proceeds from maturities and repayments10,811 14,247 13,821 Mortgage loans acquired held-for-investment:Purchases(146,854)(101,262)(160,884)Proceeds from sales3,009 7,581 3,438 Proceeds from repayments278,965 245,037 352,204 Advances under secured lending arrangements(113,097)(96,666)(