Federal Home Loan Mortgage Corp (Freddie Mac) (FMCC) financial statements (2021 and earlier)

Company profile

Business Address 8200 JONES BRANCH DR
MCLEAN, VA 22102
State of Incorp.
Fiscal Year End December 31
SIC 6111 - Federal and Federally-Sponsored Credit Agencies (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments44,45849,53735,54847,56957,15944,87341,365
Cash and cash equivalents   6,84812,3695,59510,928
Short-term investments44,45849,53735,54840,72144,79039,27830,437
Receivables     261,048
Disposal group, including discontinued operation      12,368
Total current assets:44,45849,53735,54847,56957,15944,89954,781
Noncurrent Assets
Property, plant and equipment  959798   
Deferred income tax assets6,557 
Total noncurrent assets:6,557 959798   
Other undisclosed assets2,576,4002,154,0862,026,5532,001,4091,966,2171,941,1511,890,758
TOTAL ASSETS:2,627,4152,203,6232,063,0602,049,7762,023,3761,986,0501,945,539
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 9,8436,0199,6813,040  
Total current liabilities: 9,8436,0199,6813,040  
Noncurrent Liabilities
Other undisclosed liabilities2,611,0022,184,6582,052,5642,040,4072,015,2611,983,1101,942,888
Total liabilities:2,611,0022,194,5012,058,5832,050,0882,018,3011,983,1101,942,888
Stockholders' equity
Stockholders' equity attributable to parent, including:16,4139,1224,477(312)5,0752,9402,651
Treasury stock, value(3,885)(3,885)(3,885)(3,885)(3,885)(3,885)(3,885)
Accumulated other comprehensive income (loss)643438(135)3894561,1531,730
Accumulated deficit(67,102)(74,188)(78,260)(83,261)(77,941)(80,773)(81,639)
Warrants and rights outstanding2,3002,3002,3002,3002,3002,3002,300
Other undisclosed stockholders' equity attributable to parent84,45784,45784,45784,14584,14584,14584,145
Total stockholders' equity:16,4139,1224,477(312)5,0752,9402,651
TOTAL LIABILITIES AND EQUITY:2,627,4152,203,6232,063,0602,049,7762,023,3761,986,0501,945,539

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues59,75970,45566,68464,39263,02763,44663,748
Net investment income59,75970,15867,01964,39261,31062,29663,637
Cost of revenue(1,452)     (58)
Provision for loan, lease, and other losses(1,452)  
Financial services costs   (58)
Gross profit:58,30770,45566,68464,39263,02763,44663,690
Operating expenses(2,535)(2,564)(2,293)(2,106)(2,196)(1,927)(1,896)
Other operating income (expense), net 26338(693)(509)(347)6,084
Noninterest income, other operating income 26338  656,084
Other expenses   (693)(509)(412) 
Operating income:55,77267,91764,72961,59360,32261,17267,878
Nonoperating income (expense)1,664589(864)(189)(287)(338)1,091
Investment income, nonoperating1,813818(695)   1,287
Loss from real estate operations(149)(229)(169)(189)(287)(338)(196)
Interest and debt expense(49,569)(61,047)(58,033)(53,302)(50,806)(52,156)(55,338)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes1,3621,5905,6428,7322,410596(2,629)
Income from continuing operations before income taxes:9,2299,04911,47416,83411,6399,27411,002
Income tax expense(1,903)(1,835)(2,239)(11,209)(3,824)(2,898)(3,312)
Net income attributable to parent:7,3267,2149,2355,6257,8156,3767,690
Preferred stock dividends and other adjustments(7,291)(7,787)(5,623)(8,869)(7,718)(6,399)(10,026)
Net income (loss) available to common stockholders, diluted:35(573)3,612(3,244)97(23)(2,336)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:7,3267,2149,2355,6257,8156,3767,690
Other comprehensive income    119511,736
Comprehensive income:7,3267,2149,2355,6257,9346,4279,426
Other undisclosed comprehensive income (loss), net of tax, attributable to parent205573(613)(67)(816)(628) 
Comprehensive income, net of tax, attributable to parent:7,5317,7878,6225,5587,1185,7999,426

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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