2021 Q2 Form 10-Q Financial Statement

#000142368921000063 Filed on August 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2 2020 Q1
Revenue -$372.0M $876.0M -$1.972B
YoY Change -142.47% 500.0% -339.03%
Cost Of Revenue $17.00M $134.0M $426.0M
YoY Change -87.31% -76.49% -21.26%
Gross Profit -$389.0M $742.0M -$2.398B
YoY Change -152.43% -275.0% -944.37%
Gross Profit Margin 84.7%
Selling, General & Admin $12.00M $13.00M $13.00M
YoY Change -7.69% 18.18% 30.0%
% of Gross Profit 1.75%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $22.00M $24.00M $23.00M
YoY Change -8.33% 20.0% 21.05%
Operating Profit -$411.0M $718.0M -$2.421B
YoY Change -157.24% -261.71% -1013.58%
Interest Expense $17.00M $134.0M $426.0M
YoY Change -87.31% -76.49% -21.26%
% of Operating Profit 18.66%
Other Income/Expense, Net -$621.0M $447.0M -$2.463B
YoY Change -238.93%
Pretax Income -$411.0M $718.0M -$2.421B
YoY Change -157.24% -261.71% -1013.58%
Income Tax
% Of Pretax Income
Net Earnings -$411.0M $718.0M -$2.421B
YoY Change -157.24% -261.71% -1013.58%
Net Earnings / Revenue 81.96%
Basic Earnings Per Share -$0.83 $1.24 -$4.46
Diluted Earnings Per Share -$0.83 $1.24 -$4.46
COMMON SHARES
Basic Shares Outstanding 526.6M shares 560.3M shares 548.0M shares
Diluted Shares Outstanding 526.6M shares 560.8M shares 548.0M shares

Balance Sheet

Concept 2021 Q2 2020 Q2 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $947.0M $859.0M $1.289B
YoY Change 10.24% -1.26% 38.75%
Cash & Equivalents $947.0M $859.0M $1.289B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $147.0M $489.0M $0.00
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.094B $1.348B $1.289B
YoY Change -18.84% -12.98% -5.77%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $72.18B $86.27B $80.44B
YoY Change -16.34% -16.46% -30.55%
Other Assets $623.0M $1.306B $1.978B
YoY Change -52.3% 65.53% 282.59%
Total Long-Term Assets $73.96B $88.51B $83.85B
YoY Change -16.43% -15.73% -28.6%
TOTAL ASSETS
Total Short-Term Assets $1.094B $1.348B $1.289B
Total Long-Term Assets $73.96B $88.51B $83.85B
Total Assets $75.06B $89.85B $85.14B
YoY Change -16.47% -15.69% -28.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $783.0M $122.0M $175.0M
YoY Change 541.8% -86.7% -77.99%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $48.74B $69.69B $66.54B
YoY Change -30.06% -19.22% -23.24%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $53.31B $71.37B $70.10B
YoY Change -25.31% -19.05% -20.98%
LONG-TERM LIABILITIES
Long-Term Debt $148.0M $204.0M $214.0M
YoY Change -27.45% -18.73% -19.55%
Other Long-Term Liabilities $10.93B $7.932B $5.024B
YoY Change 37.85% 1.47% -74.01%
Total Long-Term Liabilities $11.08B $8.136B $5.238B
YoY Change 36.21% 0.84% -73.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $53.31B $71.37B $70.10B
Total Long-Term Liabilities $11.08B $8.136B $5.238B
Total Liabilities $64.39B $79.50B $75.34B
YoY Change -19.01% -17.38% -30.44%
SHAREHOLDERS EQUITY
Retained Earnings -$4.972B -$6.100B -$6.592B
YoY Change -18.49% 45.45% 90.14%
Common Stock $5.000M $6.000M $6.000M
YoY Change -16.67% 20.0% 20.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $10.67B $10.35B $9.798B
YoY Change
Total Liabilities & Shareholders Equity $75.06B $89.85B $85.14B
YoY Change -16.47% -15.69% -28.34%

Cashflow Statement

Concept 2021 Q2 2020 Q2 2020 Q1
OPERATING ACTIVITIES
Net Income -$411.0M $718.0M -$2.421B
YoY Change -157.24% -261.71% -1013.58%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $343.0M $429.0M $347.0M
YoY Change -20.05% 82.55% 5.47%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $5.997B -$4.268B $23.58B
YoY Change -240.51% -935.23%
Cash From Investing Activities $5.997B -$4.268B $23.58B
YoY Change -240.51% -935.23% -308.89%
FINANCING ACTIVITIES
Cash Dividend Paid $277.0M
YoY Change -7.05%
Common Stock Issuance & Retirement, Net -$439.0M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -6.546B 2.737B -$21.94B
YoY Change -339.17% -613.51% -301.57%
NET CHANGE
Cash From Operating Activities 343.0M 429.0M $347.0M
Cash From Investing Activities 5.997B -4.268B $23.58B
Cash From Financing Activities -6.546B 2.737B -$21.94B
Net Change In Cash -206.0M -1.102B $1.985B
YoY Change -81.31% -617.37% -2782.43%
FREE CASH FLOW
Cash From Operating Activities $343.0M $429.0M $347.0M
Capital Expenditures
Free Cash Flow
YoY Change

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CommonStockDividendsPerShareDeclared
0.36
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.36
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.72
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.84
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2020Q2 us-gaap Net Income Loss
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718000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
203000000 USD
CY2020Q2 us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
0 shares
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
4000000 USD
CY2020Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
147000000 USD
CY2020Q2 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
25000000 USD
CY2020Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
201000000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
10350000000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
11364000000 USD
CY2021Q2 us-gaap Net Income Loss
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CY2021Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-77000000 USD
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
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5000000 USD
CY2021Q2 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
25000000 USD
CY2021Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
188000000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
10668000000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
667000000 USD
us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
100000 shares
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
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7000000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
557000000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
557000000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
439000000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
147000000 USD
us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
46000000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
465000000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
10350000000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
11079000000 USD
us-gaap Net Income Loss
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564000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-314000000 USD
us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
400000 shares
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
8000000 USD
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
15000000.0 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
239000000 USD
us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
50000000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
380000000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Net Income Loss
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564000000 USD
us-gaap Net Income Loss
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us-gaap Accretion Amortization Of Discounts And Premiums Investments
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us-gaap Accretion Amortization Of Discounts And Premiums Investments
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
12000000 USD
us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
647000000 USD
agnc Netunrealizedgainlossoninvestmentsecuritiesmeasuredatfairvaluethroughnetincome
Netunrealizedgainlossoninvestmentsecuritiesmeasuredatfairvaluethroughnetincome
983000000 USD
agnc Netunrealizedgainlossoninvestmentsecuritiesmeasuredatfairvaluethroughnetincome
Netunrealizedgainlossoninvestmentsecuritiesmeasuredatfairvaluethroughnetincome
-876000000 USD
agnc Loss On Derivative Instruments And Trading Securities Net
LossOnDerivativeInstrumentsAndTradingSecuritiesNet
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agnc Loss On Derivative Instruments And Trading Securities Net
LossOnDerivativeInstrumentsAndTradingSecuritiesNet
3539000000 USD
us-gaap Increase Decrease In Other Operating Assets
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52000000 USD
us-gaap Increase Decrease In Other Operating Assets
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
771000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
776000000 USD
us-gaap Payments To Acquire Mortgage Backed Securities Mbs Categorized As Available For Sale
PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale
23954000000 USD
us-gaap Payments To Acquire Mortgage Backed Securities Mbs Categorized As Available For Sale
PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale
39715000000 USD
agnc Payments To Acquire Non Agency Mortgage Backed Securities
PaymentsToAcquireNonAgencyMortgageBackedSecurities
1310000000 USD
agnc Payments To Acquire Non Agency Mortgage Backed Securities
PaymentsToAcquireNonAgencyMortgageBackedSecurities
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us-gaap Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Available For Sale
ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale
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us-gaap Proceeds From Sale Of Mortgage Backed Securities Mbs Categorized As Available For Sale
ProceedsFromSaleOfMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale
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agnc Proceedsfromsaleof Credit Risk Transferandnon Agencysecurities
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agnc Proceedsfromsaleof Credit Risk Transferandnon Agencysecurities
ProceedsfromsaleofCreditRiskTransferandnonAgencysecurities
536000000 USD
agnc Proceeds From Principal Collection Of Mortgage Backed Securities Categorized As Available For Sale
ProceedsFromPrincipalCollectionOfMortgageBackedSecuritiesCategorizedAsAvailableForSale
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agnc Proceeds From Principal Collection Of Mortgage Backed Securities Categorized As Available For Sale
ProceedsFromPrincipalCollectionOfMortgageBackedSecuritiesCategorizedAsAvailableForSale
7867000000 USD
agnc Principalcollectionsoncreditrisktransferandnon Agencysecurities
PrincipalcollectionsoncreditrisktransferandnonAgencysecurities
36000000 USD
agnc Principalcollectionsoncreditrisktransferandnon Agencysecurities
PrincipalcollectionsoncreditrisktransferandnonAgencysecurities
49000000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
10536000000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
19793000000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
10172000000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
16206000000 USD
us-gaap Proceeds From Payments For Securities Purchased Under Agreements To Resell
ProceedsFromPaymentsForSecuritiesPurchasedUnderAgreementsToResell
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us-gaap Proceeds From Payments For Securities Purchased Under Agreements To Resell
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2270000000 USD
us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
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us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
2682000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Short Term Debt
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us-gaap Proceeds From Short Term Debt
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us-gaap Repayments Of Short Term Debt
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us-gaap Repayments Of Short Term Debt
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us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
26000000 USD
us-gaap Repayments Of Other Debt
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29000000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
557000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
439000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
147000000 USD
us-gaap Payments Of Dividends
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432000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
883000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2324000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1282000000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1570000000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2165000000 USD
agnc Required Annual Distribution Of Taxable Net Income
RequiredAnnualDistributionOfTaxableNetIncome
0.90
agnc Intended Annual Distributionof Taxable Net Income
IntendedAnnualDistributionofTaxableNetIncome
1
CY2021Q2 us-gaap Mortgage Backed Securities Available For Sale Fair Value Disclosure
MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
59800000000 USD
CY2020Q4 us-gaap Mortgage Backed Securities Available For Sale Fair Value Disclosure
MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
66400000000 USD
CY2021Q2 agnc Total Agency Securities
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CY2020Q4 agnc Total Agency Securities
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CY2021Q2 agnc Debt Securities Tradingand Availableforsale Amortized Cost Basis
DebtSecuritiesTradingandAvailableforsaleAmortizedCostBasis
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CY2021Q2 us-gaap Debt Securities Trading And Available For Sale
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CY2020Q4 agnc Debt Securities Tradingand Availableforsale Amortized Cost Basis
DebtSecuritiesTradingandAvailableforsaleAmortizedCostBasis
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CY2020Q4 us-gaap Debt Securities Trading And Available For Sale
DebtSecuritiesTradingAndAvailableForSale
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CY2021Q2 us-gaap Trading Securities Debt
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CY2021Q2 us-gaap Debt Securities Trading And Available For Sale
DebtSecuritiesTradingAndAvailableForSale
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CY2021Q2 us-gaap Debt Weighted Average Interest Rate
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CY2021Q2 agnc Weighted Average Yield Percentage
WeightedAverageYieldPercentage
0.0242
agnc Future Prepayment Rate Assumption Of Investment Portfolio
FuturePrepaymentRateAssumptionOfInvestmentPortfolio
0.116
CY2020Q4 us-gaap Trading Securities Debt
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CY2020Q4 us-gaap Debt Securities Trading And Available For Sale
DebtSecuritiesTradingAndAvailableForSale
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CY2020Q4 us-gaap Debt Weighted Average Interest Rate
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0.0339
CY2020Q4 agnc Weighted Average Yield Percentage
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0.0233
CY2021Q1 agnc Future Prepayment Rate Assumption Of Investment Portfolio
FuturePrepaymentRateAssumptionOfInvestmentPortfolio
0.176
agnc Future Prepayment Rate Assumption Of Investment Portfolio
FuturePrepaymentRateAssumptionOfInvestmentPortfolio
0.116
CY2021Q1 agnc Future Prepayment Rate Assumption Of Investment Portfolio
FuturePrepaymentRateAssumptionOfInvestmentPortfolio
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CY2021Q2 us-gaap Available For Sale Securities
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CY2021Q2 us-gaap Available For Sale Securities Amortized Cost
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CY2021Q2 agnc Available For Sale Securities Weighted Average Life Coupon Rate
AvailableForSaleSecuritiesWeightedAverageLifeCouponRate
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CY2021Q2 agnc Available For Sale Securities Weighted Average Life Yield
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CY2020Q4 us-gaap Available For Sale Securities
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CY2020Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
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CY2020Q4 agnc Available For Sale Securities Weighted Average Life Coupon Rate
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CY2020Q4 agnc Available For Sale Securities Weighted Average Life Yield
AvailableForSaleSecuritiesWeightedAverageLifeYield
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CY2021Q2 agnc Costof Saleof Fair Value Option Securities
CostofSaleofFairValueOptionSecurities
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CY2021Q2 agnc Costof Saleof Investment Securities
CostofSaleofInvestmentSecurities
12810000000 USD
CY2020Q2 agnc Costof Saleof Fair Value Option Securities
CostofSaleofFairValueOptionSecurities
4472000000 USD
CY2020Q2 agnc Costof Saleof Investment Securities
CostofSaleofInvestmentSecurities
5750000000 USD
CY2021Q2 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
25000000 USD
CY2020Q2 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
153000000 USD
agnc Costof Saleof Fair Value Option Securities
CostofSaleofFairValueOptionSecurities
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agnc Costof Saleof Investment Securities
CostofSaleofInvestmentSecurities
19167000000 USD
agnc Costof Saleof Fair Value Option Securities
CostofSaleofFairValueOptionSecurities
53912000000 USD
agnc Costof Saleof Investment Securities
CostofSaleofInvestmentSecurities
55345000000 USD
us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
12000000 USD
us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
647000000 USD
CY2021Q2 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
48700000000 USD
CY2020Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
52400000000 USD
CY2021Q2 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
48737000000 USD
CY2021Q2 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0011
CY2021Q2 agnc Repurchase Agreements Weighted Average Days To Maturity
RepurchaseAgreementsWeightedAverageDaysToMaturity
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CY2020Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
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CY2020Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.0024
CY2020Q4 agnc Repurchase Agreements Weighted Average Days To Maturity
RepurchaseAgreementsWeightedAverageDaysToMaturity
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agnc Repurchase Agreements Extinguished Extinguishment Of Debt
RepurchaseAgreementsExtinguishedExtinguishmentOfDebt
3700000000 USD
agnc Weighted Average Interest Rate Of Repurchase Agreements Extinguished Extinguished Debt
WeightedAverageInterestRateOfRepurchaseAgreementsExtinguishedExtinguishedDebt
0.0211
agnc Weighted Average Remaining Maturity Of Repurchase Agreements Extinguished Extinguished Debt
WeightedAverageRemainingMaturityOfRepurchaseAgreementsExtinguishedExtinguishedDebt
P2Y2M12D
us-gaap Gains Losses On Extinguishment Of Debt
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CY2021Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
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CY2020Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
391000000 USD
CY2021Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
14000000 USD
CY2020Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
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CY2021Q2 us-gaap Financial Instruments Owned Us Government And Agency Obligations At Fair Value
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
397000000 USD
CY2020Q4 us-gaap Financial Instruments Owned Us Government And Agency Obligations At Fair Value
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
0 USD
CY2021Q2 us-gaap Financial Instruments Sold Not Yet Purchased Us Government And Agency Obligations
FinancialInstrumentsSoldNotYetPurchasedUSGovernmentAndAgencyObligations
10920000000 USD
CY2020Q4 us-gaap Financial Instruments Sold Not Yet Purchased Us Government And Agency Obligations
FinancialInstrumentsSoldNotYetPurchasedUSGovernmentAndAgencyObligations
11727000000 USD
CY2021Q2 agnc Governmentbondsownedandsoldshortnet
Governmentbondsownedandsoldshortnet
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CY2020Q4 agnc Governmentbondsownedandsoldshortnet
Governmentbondsownedandsoldshortnet
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CY2021Q2 agnc Interest Rate Swaps Linkedto Secured Overnight Financing Rate
InterestRateSwapsLinkedtoSecuredOvernightFinancingRate
0.74
CY2020Q4 agnc Interest Rate Swaps Linkedto Secured Overnight Financing Rate
InterestRateSwapsLinkedtoSecuredOvernightFinancingRate
0.71
CY2021Q2 agnc Interest Rate Swaps Linkedto Overnight Index Swap Rate
InterestRateSwapsLinkedtoOvernightIndexSwapRate
0.26
CY2020Q4 agnc Interest Rate Swaps Linkedto Overnight Index Swap Rate
InterestRateSwapsLinkedtoOvernightIndexSwapRate
0.29
CY2021Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
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CY2020Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
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us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
763000000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
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us-gaap Gains Losses On Extinguishment Of Debt
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CY2021Q2 agnc Risk Of Repurchase Agreement To Stockholders Equity
RiskOfRepurchaseAgreementToStockholdersEquity
0.02
CY2021Q2 agnc Available For Sale Securities Pledged As Collateral Accrued Interest
AvailableForSaleSecuritiesPledgedAsCollateralAccruedInterest
131000000 USD
CY2021Q2 agnc Total Fair Valueof Securities Pledgedand Accrued Interest
TotalFairValueofSecuritiesPledgedandAccruedInterest
52814000000 USD
CY2020Q4 agnc Available For Sale Securities Pledged As Collateral Accrued Interest
AvailableForSaleSecuritiesPledgedAsCollateralAccruedInterest
150000000 USD
CY2020Q4 agnc Total Fair Value Of Agency Securities Pledged And Accrued Interest
TotalFairValueOfAgencySecuritiesPledgedAndAccruedInterest
56689000000 USD
CY2021Q2 agnc Retained Interestsin Consolidated Vi Es Pledgedas Collateral Under Repurchase Agreements
RetainedInterestsinConsolidatedVIEsPledgedasCollateralUnderRepurchaseAgreements
98000000 USD
CY2020Q4 agnc Retained Interestsin Consolidated Vi Es Pledgedas Collateral Under Repurchase Agreements
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119000000 USD
CY2021Q2 us-gaap Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
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CY2021Q2 agnc Agency Securities Pledged As Collateral Amortized Cost
AgencySecuritiesPledgedAsCollateralAmortizedCost
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CY2021Q2 agnc Agency Securities Pledged As Collateral Accrued Interest
AgencySecuritiesPledgedAsCollateralAccruedInterest
128000000 USD
CY2020Q4 us-gaap Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
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CY2020Q4 agnc Agency Securities Pledged As Collateral Amortized Cost
AgencySecuritiesPledgedAsCollateralAmortizedCost
51784000000 USD
CY2020Q4 agnc Agency Securities Pledged As Collateral Accrued Interest
AgencySecuritiesPledgedAsCollateralAccruedInterest
147000000 USD
CY2021Q2 agnc Retained Interestsin Consolidated Vi Es Pledgedas Collateral Under Repurchase Agreements
RetainedInterestsinConsolidatedVIEsPledgedasCollateralUnderRepurchaseAgreements
98000000 USD
CY2020Q4 agnc Retained Interestsin Consolidated Vi Es Pledgedas Collateral Under Repurchase Agreements
RetainedInterestsinConsolidatedVIEsPledgedasCollateralUnderRepurchaseAgreements
119000000 USD
CY2021Q2 agnc Gross Amountsof Cash Collateral Not Offsetonthe Balance Sheet
GrossAmountsofCashCollateralNotOffsetontheBalanceSheet
5056000000 USD
CY2021Q2 us-gaap Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
57896000000 USD
CY2020Q4 us-gaap Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
64836000000 USD
CY2021Q2 agnc Agencysecuritiestransferredtoconsolidatedvariableinterestentitiesatfairvalue
Agencysecuritiestransferredtoconsolidatedvariableinterestentitiesatfairvalue
245000000 USD
CY2020Q4 agnc Agencysecuritiestransferredtoconsolidatedvariableinterestentitiesatfairvalue
Agencysecuritiestransferredtoconsolidatedvariableinterestentitiesatfairvalue
295000000 USD
CY2021Q2 us-gaap Financial Instruments Owned Other At Fair Value
FinancialInstrumentsOwnedOtherAtFairValue
1105000000 USD
CY2020Q4 us-gaap Financial Instruments Owned Other At Fair Value
FinancialInstrumentsOwnedOtherAtFairValue
737000000 USD
CY2021Q2 agnc Non Agency Securitiesat Fair Value
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553000000 USD
CY2020Q4 agnc Non Agency Securitiesat Fair Value
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546000000 USD
CY2021Q2 us-gaap Financial Instruments Owned Us Government And Agency Obligations At Fair Value
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
397000000 USD
CY2020Q4 us-gaap Financial Instruments Owned Us Government And Agency Obligations At Fair Value
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
0 USD
CY2021Q2 us-gaap Other Long Term Debt
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148000000 USD
CY2020Q4 us-gaap Other Long Term Debt
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177000000 USD
CY2021Q2 agnc Obligation To Return Securities Borrowed Under Reverse Repurchase Agreements At Fair Value
ObligationToReturnSecuritiesBorrowedUnderReverseRepurchaseAgreementsAtFairValue
10920000000 USD
CY2020Q4 agnc Obligation To Return Securities Borrowed Under Reverse Repurchase Agreements At Fair Value
ObligationToReturnSecuritiesBorrowedUnderReverseRepurchaseAgreementsAtFairValue
11727000000 USD
CY2021Q2 agnc Weighted Average Numberof Shares Outstanding
WeightedAverageNumberofSharesOutstanding
524900000 shares
CY2020Q2 agnc Weighted Average Numberof Shares Outstanding
WeightedAverageNumberofSharesOutstanding
559100000 shares
agnc Weighted Average Numberof Shares Outstanding
WeightedAverageNumberofSharesOutstanding
528700000 shares
agnc Weighted Average Numberof Shares Outstanding
WeightedAverageNumberofSharesOutstanding
553300000 shares
CY2021Q2 agnc Weighted Average Numberof Fully Vested Restricted Stock Unitsand Performance Share Units Outstanding
WeightedAverageNumberofFullyVestedRestrictedStockUnitsandPerformanceShareUnitsOutstanding
1700000 shares
CY2020Q2 agnc Weighted Average Numberof Fully Vested Restricted Stock Unitsand Performance Share Units Outstanding
WeightedAverageNumberofFullyVestedRestrictedStockUnitsandPerformanceShareUnitsOutstanding
1200000 shares
agnc Weighted Average Numberof Fully Vested Restricted Stock Unitsand Performance Share Units Outstanding
WeightedAverageNumberofFullyVestedRestrictedStockUnitsandPerformanceShareUnitsOutstanding
1400000 shares
agnc Weighted Average Numberof Fully Vested Restricted Stock Unitsand Performance Share Units Outstanding
WeightedAverageNumberofFullyVestedRestrictedStockUnitsandPerformanceShareUnitsOutstanding
900000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
526600000 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
560300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
530100000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
554200000 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2020Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
500000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1800000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
526600000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
560800000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
531900000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
554200000 shares
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-436000000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
693000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
514000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1749000000 USD
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.83
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.24
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.97
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.16
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.83
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.24
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.97
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.16
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1700000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
800000 shares
CY2021Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000.0 shares
CY2021Q2 agnc Preferred Stock C Value Issued
PreferredStockCValueIssued
315000000 USD
CY2021Q2 agnc Preferred Stock C Liquidation Preference Value
PreferredStockCLiquidationPreferenceValue
325000000 USD
CY2021Q2 agnc Preferred Stock D Value Issued
PreferredStockDValueIssued
227000000 USD
CY2021Q2 agnc Preferred Stock D Liquidation Preference Value
PreferredStockDLiquidationPreferenceValue
235000000 USD
CY2019Q4 agnc Preferred Stock E Value Issued
PreferredStockEValueIssued
390000000 USD
CY2019Q4 agnc Preferred Stock E Liquidation Preference Value
PreferredStockELiquidationPreferenceValue
403000000 USD
CY2020Q1 agnc Preferred Stock F Value Issued
PreferredStockFValueIssued
557000000 USD
CY2021Q2 us-gaap Preferred Stock Value
PreferredStockValue
1489000000 USD
CY2021Q2 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
1538000000 USD
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
15000000.0 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
239000000 USD
agnc Stock Repurchased During Period Average Repurchase Priceindollarspershare
StockRepurchasedDuringPeriodAverageRepurchasePriceindollarspershare
16.00 USD
CY2021Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
684000000 USD

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