2019 Q1 Form 10-Q Financial Statement

#000142368919000041 Filed on May 03, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q1
Revenue $825.0M $648.0M
YoY Change 27.31% 239.27%
Cost Of Revenue $541.0M $206.0M
YoY Change 162.62% 110.2%
Gross Profit $284.0M $442.0M
YoY Change -35.75% 375.27%
Gross Profit Margin 34.42% 68.21%
Selling, General & Admin $10.00M $10.00M
YoY Change 0.0% 0.0%
% of Gross Profit 3.52% 2.26%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00 $1.000M
YoY Change -100.0% 0.0%
% of Gross Profit 0.0% 0.23%
Operating Expenses $19.00M $18.00M
YoY Change 5.56% 0.0%
Operating Profit $265.0M $424.0M
YoY Change -37.5% 465.33%
Interest Expense $541.0M $206.0M
YoY Change 162.62% 110.2%
% of Operating Profit 204.15% 48.58%
Other Income/Expense, Net
YoY Change
Pretax Income $265.0M $424.0M
YoY Change -37.5% 457.89%
Income Tax
% Of Pretax Income
Net Earnings $265.0M $424.0M
YoY Change -37.5% 457.89%
Net Earnings / Revenue 32.12% 65.43%
Basic Earnings Per Share $0.48 $1.06
Diluted Earnings Per Share $0.47 $1.06
COMMON SHARES
Basic Shares Outstanding 536.7M shares 391.3M shares
Diluted Shares Outstanding 537.2M shares 391.5M shares

Balance Sheet

Concept 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $929.0M $972.0M
YoY Change -4.42% -9.41%
Cash & Equivalents $929.0M $972.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $439.0M
Other Receivables $0.00
Total Short-Term Assets $1.368B $972.0M
YoY Change 40.74% -90.89%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $115.8B $66.72B
YoY Change 73.6% 48.11%
Other Assets $517.0M $386.0M
YoY Change 33.94% 76.26%
Total Long-Term Assets $117.4B $68.25B
YoY Change 72.07% 47.82%
TOTAL ASSETS
Total Short-Term Assets $1.368B $972.0M
Total Long-Term Assets $117.4B $68.25B
Total Assets $118.8B $69.22B
YoY Change 71.63% 21.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $795.0M $670.0M
YoY Change 18.66% 472.65%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $86.69B $48.96B
YoY Change 77.07% 24.33%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $88.71B $50.16B
YoY Change 76.85% 24.63%
LONG-TERM LIABILITIES
Long-Term Debt $266.0M $336.0M
YoY Change -20.83% -22.58%
Other Long-Term Liabilities $19.33B $10.38B
YoY Change 86.13% 17.19%
Total Long-Term Liabilities $19.59B $10.72B
YoY Change 82.78% 15.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $88.71B $50.16B
Total Long-Term Liabilities $19.59B $10.72B
Total Liabilities $108.3B $60.88B
YoY Change 77.89% 22.88%
SHAREHOLDERS EQUITY
Retained Earnings -$3.467B -$2.358B
YoY Change 47.03% -10.27%
Common Stock $5.000M $4.000M
YoY Change 25.0% 33.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $10.50B $8.338B
YoY Change
Total Liabilities & Shareholders Equity $118.8B $69.22B
YoY Change 71.63% 21.79%

Cashflow Statement

Concept 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income $265.0M $424.0M
YoY Change -37.5% 457.89%
Depreciation, Depletion And Amortization $0.00 $1.000M
YoY Change -100.0% 0.0%
Cash From Operating Activities $329.0M $288.0M
YoY Change 14.24% -26.15%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $16.00M
YoY Change -100.0% -68.0%
Cash From Investing Activities -$11.29B $1.287B
YoY Change -977.0% -4.95%
FINANCING ACTIVITIES
Cash Dividend Paid $298.0M $220.0M
YoY Change 35.45% 18.28%
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $10.88B -$1.580B
YoY Change -788.86% -8.88%
NET CHANGE
Cash From Operating Activities $329.0M $288.0M
Cash From Investing Activities -$11.29B $1.287B
Cash From Financing Activities $10.88B -$1.580B
Net Change In Cash -$74.00M -$5.000M
YoY Change 1380.0% -150.0%
FREE CASH FLOW
Cash From Operating Activities $329.0M $288.0M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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CY2019Q1 agnc Principalcollectionsoncreditrisktransferandnon Agencysecurities
PrincipalcollectionsoncreditrisktransferandnonAgencysecurities
5000000 USD
CY2018Q1 agnc Principalcollectionsoncreditrisktransferandnon Agencysecurities
PrincipalcollectionsoncreditrisktransferandnonAgencysecurities
0 USD
CY2019Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
7550000000 USD
CY2018Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
1345000000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
5103000000 USD
CY2018Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
1403000000 USD
CY2019Q1 us-gaap Proceeds From Payments For Securities Purchased Under Agreements To Resell
ProceedsFromPaymentsForSecuritiesPurchasedUnderAgreementsToResell
1526000000 USD
CY2018Q1 us-gaap Proceeds From Payments For Securities Purchased Under Agreements To Resell
ProceedsFromPaymentsForSecuritiesPurchasedUnderAgreementsToResell
231000000 USD
CY2019Q1 us-gaap Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
714000000 USD
CY2018Q1 us-gaap Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
-466000000 USD
CY2019Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
CY2018Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
16000000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11287000000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1287000000 USD
CY2019Q1 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
930289000000 USD
CY2018Q1 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
243168000000 USD
CY2019Q1 agnc Costof Saleof Investment Securities
CostofSaleofInvestmentSecurities
-4901000000 USD
CY2018Q1 agnc Costof Saleof Fair Value Option Securities
CostofSaleofFairValueOptionSecurities
-1003000000 USD
CY2018Q1 agnc Costof Saleof Investment Securities
CostofSaleofInvestmentSecurities
-1390000000 USD
CY2019Q1 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
60000000 USD
CY2018Q1 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
-2000000 USD
CY2018Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
75700000000 USD
CY2019Q1 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
919321000000 USD
CY2018Q1 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
244507000000 USD
CY2019Q1 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
13000000 USD
CY2018Q1 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
21000000 USD
CY2019Q1 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
227000000 USD
CY2018Q1 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
CY2019Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
298000000 USD
CY2018Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
220000000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10884000000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1580000000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-74000000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-5000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1520000000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1363000000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1446000000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1358000000 USD
CY2019Q1 agnc Required Annual Distribution Of Taxable Net Income
RequiredAnnualDistributionOfTaxableNetIncome
0.90
CY2019Q1 agnc Intended Annual Distributionof Taxable Net Income
IntendedAnnualDistributionofTaxableNetIncome
1
CY2018Q4 us-gaap Mortgage Backed Securities Available For Sale Fair Value Disclosure
MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
84300000000 USD
CY2019Q1 us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
Loss Contingencies<div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We evaluate the existence of any pending or threatened litigation or other potential claims against the Company in accordance with ASC Topic 450, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Contingencies, </span><span style="font-family:inherit;font-size:10pt;">which requires that we assess the likelihood and range of potential outcomes of any such </span></div><span style="font-family:inherit;font-size:10pt;">matters. We are the defendant in three stockholder derivative lawsuits alleging that certain of our current and former directors and officers breached fiduciary duties and wasted corporate assets relating to past renewals of the management agreement with our former external manager and the internalization of our management on July 1, 2016. Although the outcomes of these cases cannot be predicted with certainty, we do not believe that these cases have merit or will result in a material liability, and, as of </span><span style="font-family:inherit;font-size:10pt;">March 31, 2019</span>, we did not accrue a loss contingency related to these matters.
CY2019Q1 agnc Total Agency Securities
TotalAgencySecurities
93469000000 USD
CY2018Q4 agnc Total Agency Securities
TotalAgencySecurities
82727000000 USD
CY2019Q1 agnc Debt Securities Tradingand Availableforsale Amortized Cost Basis
DebtSecuritiesTradingandAvailableforsaleAmortizedCostBasis
95090000000 USD
CY2019Q1 us-gaap Debt Securities Trading And Available For Sale
DebtSecuritiesTradingAndAvailableForSale
95270000000 USD
CY2018Q4 agnc Debt Securities Tradingand Availableforsale Amortized Cost Basis
DebtSecuritiesTradingandAvailableforsaleAmortizedCostBasis
85569000000 USD
CY2018Q4 us-gaap Debt Securities Trading And Available For Sale
DebtSecuritiesTradingAndAvailableForSale
84287000000 USD
CY2019Q1 us-gaap Trading Securities Debt
TradingSecuritiesDebt
72421000000 USD
CY2019Q1 us-gaap Debt Securities Trading And Available For Sale
DebtSecuritiesTradingAndAvailableForSale
95270000000 USD
CY2019Q1 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0388
CY2019Q1 agnc Weighted Average Yield Percentage
WeightedAverageYieldPercentage
0.0329
CY2019Q1 agnc Future Prepayment Rate Assumption Of Investment Portfolio
FuturePrepaymentRateAssumptionOfInvestmentPortfolio
0.105
CY2018Q4 us-gaap Trading Securities Debt
TradingSecuritiesDebt
60692000000 USD
CY2018Q4 us-gaap Debt Securities Trading And Available For Sale
DebtSecuritiesTradingAndAvailableForSale
84287000000 USD
CY2018Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0386
CY2018Q4 agnc Weighted Average Yield Percentage
WeightedAverageYieldPercentage
0.0331
CY2018 agnc Future Prepayment Rate Assumption Of Investment Portfolio
FuturePrepaymentRateAssumptionOfInvestmentPortfolio
0.079
CY2019Q1 agnc Future Prepayment Rate Assumption Of Investment Portfolio
FuturePrepaymentRateAssumptionOfInvestmentPortfolio
0.105
CY2018 agnc Future Prepayment Rate Assumption Of Investment Portfolio
FuturePrepaymentRateAssumptionOfInvestmentPortfolio
0.079
CY2019Q1 us-gaap Available For Sale Securities
AvailableForSaleSecurities
95270000000 USD
CY2019Q1 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
95090000000 USD
CY2019Q1 agnc Available For Sale Securities Weighted Average Life Coupon Rate
AvailableForSaleSecuritiesWeightedAverageLifeCouponRate
0.0388
CY2019Q1 agnc Available For Sale Securities Weighted Average Life Yield
AvailableForSaleSecuritiesWeightedAverageLifeYield
0.0329
CY2018Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
84287000000 USD
CY2018Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
85569000000 USD
CY2018Q4 agnc Available For Sale Securities Weighted Average Life Coupon Rate
AvailableForSaleSecuritiesWeightedAverageLifeCouponRate
0.0386
CY2018Q4 agnc Available For Sale Securities Weighted Average Life Yield
AvailableForSaleSecuritiesWeightedAverageLifeYield
0.0331
CY2019Q1 agnc Costof Saleof Fair Value Option Securities
CostofSaleofFairValueOptionSecurities
-4562000000 USD
CY2019Q1 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
86685000000 USD
CY2019Q1 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0282
CY2019Q1 agnc Repurchase Agreements Weighted Average Days To Maturity
RepurchaseAgreementsWeightedAverageDaysToMaturity
81 days
CY2018Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
75717000000 USD
CY2018Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0279
CY2018Q4 agnc Repurchase Agreements Weighted Average Days To Maturity
RepurchaseAgreementsWeightedAverageDaysToMaturity
49 days
CY2019Q1 us-gaap Other Long Term Debt
OtherLongTermDebt
266000000 USD
CY2018Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
275000000 USD
CY2019Q1 us-gaap Debt Instrument Description Of Variable Rate Basis
DebtInstrumentDescriptionOfVariableRateBasis
LIBOR
CY2019Q1 agnc Spread Over Libor
SpreadOverLibor
41
CY2018 agnc Spread Over Libor
SpreadOverLibor
40
CY2019Q1 agnc Weighted Average Life Other Debt
WeightedAverageLifeOtherDebt
P5Y10M24D
CY2018 agnc Weighted Average Life Other Debt
WeightedAverageLifeOtherDebt
P6Y1M6D
CY2019Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
253000000 USD
CY2018Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
273000000 USD
CY2019Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
53000000 USD
CY2018Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
84000000 USD
CY2019Q1 us-gaap Financial Instruments Owned Us Government And Agency Obligations At Fair Value
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
121000000 USD
CY2018Q4 us-gaap Financial Instruments Owned Us Government And Agency Obligations At Fair Value
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
46000000 USD
CY2019Q1 us-gaap Financial Instruments Sold Not Yet Purchased Us Government And Agency Obligations
FinancialInstrumentsSoldNotYetPurchasedUSGovernmentAndAgencyObligations
19275000000 USD
CY2018Q4 us-gaap Financial Instruments Sold Not Yet Purchased Us Government And Agency Obligations
FinancialInstrumentsSoldNotYetPurchasedUSGovernmentAndAgencyObligations
21431000000 USD
CY2019Q1 agnc Governmentbondsownedandsoldshortnet
Governmentbondsownedandsoldshortnet
-19154000000 USD
CY2018Q4 agnc Governmentbondsownedandsoldshortnet
Governmentbondsownedandsoldshortnet
-21385000000 USD
CY2019Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-996000000 USD
CY2018Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
736000000 USD
CY2019Q1 agnc Risk Of Repurchase Agreement To Stockholders Equity
RiskOfRepurchaseAgreementToStockholdersEquity
0.04
CY2019Q1 agnc Available For Sale Securities Pledged As Collateral Accrued Interest
AvailableForSaleSecuritiesPledgedAsCollateralAccruedInterest
280000000 USD
CY2019Q1 agnc Total Fair Valueof Securities Pledgedand Accrued Interest
TotalFairValueofSecuritiesPledgedandAccruedInterest
92097000000 USD
CY2018Q4 agnc Available For Sale Securities Pledged As Collateral Accrued Interest
AvailableForSaleSecuritiesPledgedAsCollateralAccruedInterest
248000000 USD
CY2018Q4 agnc Total Fair Value Of Agency Securities Pledged And Accrued Interest
TotalFairValueOfAgencySecuritiesPledgedAndAccruedInterest
81210000000 USD
CY2019Q1 agnc Retained Interestsin Consolidated Vi Es Pledgedas Collateral Under Repurchase Agreements
RetainedInterestsinConsolidatedVIEsPledgedasCollateralUnderRepurchaseAgreements
161000000 USD
CY2018Q4 agnc Retained Interestsin Consolidated Vi Es Pledgedas Collateral Under Repurchase Agreements
RetainedInterestsinConsolidatedVIEsPledgedasCollateralUnderRepurchaseAgreements
163000000 USD
CY2019Q1 us-gaap Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
89966000000 USD
CY2019Q1 agnc Agency Securities Pledged As Collateral Amortized Cost
AgencySecuritiesPledgedAsCollateralAmortizedCost
89806000000 USD
CY2019Q1 agnc Agency Securities Pledged As Collateral Accrued Interest
AgencySecuritiesPledgedAsCollateralAccruedInterest
278000000 USD
CY2018Q4 us-gaap Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
79182000000 USD
CY2018Q4 agnc Agency Securities Pledged As Collateral Amortized Cost
AgencySecuritiesPledgedAsCollateralAmortizedCost
80386000000 USD
CY2018Q4 agnc Agency Securities Pledged As Collateral Accrued Interest
AgencySecuritiesPledgedAsCollateralAccruedInterest
247000000 USD
CY2019Q1 agnc Retained Interestsin Consolidated Vi Es Pledgedas Collateral Under Repurchase Agreements
RetainedInterestsinConsolidatedVIEsPledgedasCollateralUnderRepurchaseAgreements
161000000 USD
CY2018Q4 agnc Retained Interestsin Consolidated Vi Es Pledgedas Collateral Under Repurchase Agreements
RetainedInterestsinConsolidatedVIEsPledgedasCollateralUnderRepurchaseAgreements
163000000 USD
CY2019Q1 agnc Gross Amountsof Cash Collateral Not Offsetonthe Balance Sheet
GrossAmountsofCashCollateralNotOffsetontheBalanceSheet
3131000000 USD
CY2019Q1 us-gaap Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
93044000000 USD
CY2018Q4 us-gaap Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
82291000000 USD
CY2019Q1 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
425000000 USD
CY2018Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
436000000 USD
CY2019Q1 us-gaap Financial Instruments Owned Other At Fair Value
FinancialInstrumentsOwnedOtherAtFairValue
1129000000 USD
CY2018Q4 us-gaap Financial Instruments Owned Other At Fair Value
FinancialInstrumentsOwnedOtherAtFairValue
1012000000 USD
CY2019Q1 agnc Non Agency Securitiesat Fair Value
NonAgencySecuritiesatFairValue
672000000 USD
CY2018Q4 agnc Non Agency Securitiesat Fair Value
NonAgencySecuritiesatFairValue
548000000 USD
CY2019Q1 us-gaap Financial Instruments Owned Us Government And Agency Obligations At Fair Value
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
121000000 USD
CY2018Q4 us-gaap Financial Instruments Owned Us Government And Agency Obligations At Fair Value
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
46000000 USD
CY2019Q1 us-gaap Other Long Term Debt
OtherLongTermDebt
266000000 USD
CY2018Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
275000000 USD
CY2019Q1 agnc Obligation To Return Securities Borrowed Under Reverse Repurchase Agreements At Fair Value
ObligationToReturnSecuritiesBorrowedUnderReverseRepurchaseAgreementsAtFairValue
19275000000 USD
CY2018Q4 agnc Obligation To Return Securities Borrowed Under Reverse Repurchase Agreements At Fair Value
ObligationToReturnSecuritiesBorrowedUnderReverseRepurchaseAgreementsAtFairValue
21431000000 USD
CY2019Q1 agnc Weighted Average Numberof Shares Outstanding
WeightedAverageNumberofSharesOutstanding
536300000 shares
CY2018Q1 agnc Weighted Average Numberof Shares Outstanding
WeightedAverageNumberofSharesOutstanding
391300000 shares
CY2019Q1 agnc Weighted Average Numberof Fully Vested Restricted Stock Unitsand Performance Share Units Outstanding
WeightedAverageNumberofFullyVestedRestrictedStockUnitsandPerformanceShareUnitsOutstanding
400000 shares
CY2018Q1 agnc Weighted Average Numberof Fully Vested Restricted Stock Unitsand Performance Share Units Outstanding
WeightedAverageNumberofFullyVestedRestrictedStockUnitsandPerformanceShareUnitsOutstanding
0 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
536700000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
391300000 shares
CY2019Q1 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
500000 USD
CY2018Q1 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
200000 USD
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
537200000 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
391500000 shares
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
255000000 USD
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
415000000 USD
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.48
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.06
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.47
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.06
CY2019Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000.0 shares
CY2019Q1 agnc Preferred Stock B Value Issued
PreferredStockBValueIssued
169000000 USD
CY2019Q1 agnc Preferred Stock B Liquidation Preference Value
PreferredStockBLiquidationPreferenceValue
175000000 USD
CY2019Q1 agnc Preferred Stock C Value Issued
PreferredStockCValueIssued
315000000 USD
CY2019Q1 agnc Preferred Stock C Liquidation Preference Value
PreferredStockCLiquidationPreferenceValue
325000000 USD
CY2019Q1 agnc Preferred Stock D Value Issued
PreferredStockDValueIssued
227000000 USD
CY2019Q1 agnc Preferred Stock D Liquidation Preference Value
PreferredStockDLiquidationPreferenceValue
235000000 USD
CY2019Q1 us-gaap Preferred Stock Value
PreferredStockValue
711000000 USD
CY2019Q1 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
735000000 USD
CY2019Q1 agnc Commonstock Valueof Shares Remainingfor Future Issuance
CommonstockValueofSharesRemainingforFutureIssuance
660000000 USD

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