FEDERAL HOME LOAN MORTGAGE CORP | 2013 | FY | 3


Table 7.5 — Other-Than-Temporary Impairments Related to Credit Losses on Available-For-Sale Securities
 
 
Year Ended December 31,
 
2013
 
2012
 
(in millions)
Credit-related other-than-temporary impairments on available-for-sale securities recognized in earnings:
 
 
 
Beginning balance — remaining credit losses on available-for-sale securities where other-than-temporary impairments were recognized in earnings
$
16,745

 
$
15,988

Additions:
 
 
 
Amounts related to credit losses for which an other-than-temporary impairment was not previously recognized
46

 
141

Amounts related to credit losses for which an other-than-temporary impairment was previously recognized
896

 
2,027

Reductions:
 
 
 
Amounts related to securities which were sold, written off, or matured
(1,193
)
 
(1,289
)
Amounts for which we intend to sell the security or it is more likely than not that we will be required to sell the security before recovery of its amortized cost basis
(1,536
)
 
(15
)
Amounts related to amortization resulting from significant increases in cash flows expected to be collected and/or due to the passage of time that are recognized over the remaining life of the security
(495
)
 
(107
)
Ending balance — remaining credit losses on available-for-sale securities where other-than-temporary impairments were recognized in earnings(1)
$
14,463

 
$
16,745

 
(1)
Excludes other-than-temporary impairments on securities that we intend to sell or it is more likely than not that we will be required to sell before recovery of the unrealized losses.

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