Financial Accounts of the United States - Z.1
L.103 Nonfinancial Corporate Business
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2015 | 2016 | 2017 | 2017 Q1 | 2017 Q2 | 2017 Q3 | 2017 Q4 | 2018 Q1 | 2018 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial corporate business; total financial assets | FL104090005 | 18822.1 | 20406 | 21720.1 | 20681.9 | 21026.5 | 21373.8 | 21720.1 | 21733.6 | 21786.2 | 1 |
| Nonfinancial corporate business; private foreign deposits; asset | FL103091003 | 87.1 | 90.7 | 199 | 84.6 | 103.2 | 194.8 | 199 | 208.4 | 168.3 | 2 |
| Nonfinancial corporate business; checkable deposits and currency; asset | FL103020005 | 838.1 | 998.3 | 1141.3 | 1037.4 | 1122.8 | 1122.7 | 1141.3 | 1095.2 | 1069.7 | 3 |
| Nonfinancial corporate business; total time and savings deposits; asset | FL103030003 | 144.3 | 163.5 | 167.1 | 162.3 | 165.3 | 165.6 | 167.1 | 163.7 | 157.8 | 4 |
| Nonfinancial corporate business; money market fund shares; asset | FL103034000 | 576.6 | 463.9 | 475.5 | 450.8 | 443.8 | 461.3 | 475.5 | 466.3 | 470.9 | 5 |
| Nonfinancial corporate business; security repurchase agreements; asset | FL102051003 | 79.9 | 109.5 | 61.5 | 99.7 | 68.4 | 54 | 61.5 | 36.3 | 20.2 | 6 |
| Nonfinancial corporate business; debt securities; asset | FL104022005 | 244.7 | 235.5 | 278.3 | 245.5 | 263.6 | 264.1 | 278.3 | 273.1 | 299.3 | 7 |
| Nonfinancial corporate business; commercial paper; asset | FL103069100 | 172.5 | 160.7 | 193.4 | 166.4 | 181.7 | 180.2 | 193.4 | 198.2 | 221.7 | 8 |
| Nonfinancial corporate business; Treasury securities; asset | FL103061103 | 37.4 | 41.3 | 41.7 | 40 | 41.1 | 40.7 | 41.7 | 36.9 | 38.3 | 9 |
| Nonfinancial corporate business; agency- and GSE-backed securities; asset | FL103061703 | 12.5 | 13.8 | 13.9 | 13.3 | 13.7 | 13.6 | 13.9 | 12.3 | 12.8 | 10 |
| Nonfinancial corporate business; municipal securities; asset | FL103062003 | 22.3 | 19.7 | 29.2 | 25.8 | 27 | 29.7 | 29.2 | 25.8 | 26.6 | 11 |
| Nonfinancial corporate business; loans; asset | FL104023005 | 72.4 | 73 | 70.3 | 71.4 | 71.2 | 71 | 70.3 | 68.7 | 68.5 | 12 |
| Nonfinancial corporate business; total mortgages; asset | FL103065003 | 31.4 | 30.3 | 28.4 | 29.8 | 29.3 | 28.9 | 28.4 | 28 | 27.5 | 13 |
| Nonfinancial corporate business; consumer credit; asset | FL103066005 | 41.1 | 42.8 | 41.8 | 41.6 | 41.9 | 42.1 | 41.8 | 40.7 | 41 | 14 |
| Nonfinancial corporate business; corporate equities; asset | LM103064103 | 1505.7 | 1706.4 | 1913.6 | 1773.4 | 1790.8 | 1832.5 | 1913.6 | 1861.2 | 1886.9 | 15 |
| Nonfinancial corporate business; mutual fund shares; asset | LM103064203 | 235.2 | 236.9 | 276.5 | 249.1 | 257 | 267 | 276.5 | 276.1 | 280.5 | 16 |
| Nonfinancial corporate business; trade receivables; asset | FL103070005 | 2750.2 | 2973.6 | 3245 | 2991.1 | 3086.7 | 3184.2 | 3245 | 3273 | 3388.7 | 17 |
| Nonfinancial corporate business; U.S. direct investment abroad; asset (1) | LM103092005 | 5067.8 | 5334.1 | 5725.4 | 5450 | 5542.4 | 5674.5 | 5725.4 | 5592.8 | 5541.8 | 18 |
| Nonfinancial corporate business; total miscellaneous assets | FL103090005 | 7220 | 8020.7 | 8166.6 | 8066.7 | 8111.3 | 8082.2 | 8166.6 | 8418.9 | 8433.5 | 19 |
| Nonfinancial corporate business; insurance receivables due from property-casualty insurance companies; asset | FL103076005 | 345.1 | 351.6 | 365.4 | 349 | 354.5 | 372.3 | 365.4 | 367.6 | 371.4 | 20 |
| Nonfinancial corporate business; equity in Fannie Mae and Farm Credit System; asset | FL103092405 | 0.8 | 0.9 | 1.2 | 1 | 1 | 1.1 | 1.2 | 1.3 | 1.2 | 21 |
| Nonfinancial corporate business; equity investment in finance company subsidiaries; asset | FL103094105 | 111.3 | 98.2 | 110.8 | 98.2 | 102.3 | 99.9 | 110.8 | 115.5 | 114.4 | 22 |
| Nonfinancial corporate business; unidentified miscellaneous assets | FL103093005 | 6762.8 | 7570 | 7689.3 | 7618.5 | 7653.5 | 7608.9 | 7689.3 | 7934.5 | 7946.4 | 23 |
| Nonfinancial corporate business; total liabilities | FL104190005 | 17885.9 | 19123.8 | 20173.8 | 19292.2 | 19533.6 | 19744.2 | 20173.8 | 20185.1 | 20165.2 | 24 |
| Nonfinancial corporate business; debt securities; liability | FL104122005 | 5547.5 | 5835.1 | 6137.4 | 5959.3 | 6021.9 | 6110.9 | 6137.4 | 6218.7 | 6213.6 | 25 |
| Nonfinancial corporate business; commercial paper; liability | FL103169100 | 179 | 180.8 | 206.7 | 195.5 | 194.7 | 206.1 | 206.7 | 222.3 | 220.2 | 26 |
| Nonfinancial corporate business; municipal securities; liability (2) | FL103162000 | 537.6 | 553 | 566.4 | 553.4 | 561.3 | 555.5 | 566.4 | 563.7 | 566.6 | 27 |
| Nonfinancial corporate business; corporate bonds; liability (1) | FL103163003 | 4830.9 | 5101.3 | 5364.3 | 5210.4 | 5265.9 | 5349.3 | 5364.3 | 5432.6 | 5426.8 | 28 |
| Nonfinancial corporate business; loans; liability | FL104123005 | 2531.7 | 2685.6 | 2912 | 2766.3 | 2825.1 | 2842.9 | 2912 | 2902.5 | 3211 | 29 |
| Nonfinancial corporate business; depository institution loans n.e.c.; liability | FL103168005 | 969.6 | 1025.4 | 1065.4 | 1031.3 | 1041 | 1047.8 | 1065.4 | 1074.6 | 1095.4 | 30 |
| Nonfinancial corporate business; other loans and advances; liability (3) | FL103169005 | 1089.8 | 1139.8 | 1281.4 | 1213.6 | 1251.9 | 1256.1 | 1281.4 | 1251.9 | 1519.1 | 31 |
| Nonfinancial corporate business; total mortgages; liability | FL103165005 | 472.2 | 520.4 | 565.2 | 521.4 | 532.1 | 538.9 | 565.2 | 576 | 596.5 | 32 |
| Nonfinancial corporate business; trade payables; liability | FL103170005 | 2110.5 | 2305.2 | 2525.9 | 2278.2 | 2332.1 | 2438.9 | 2525.9 | 2516.6 | 2595.4 | 33 |
| Nonfinancial corporate business; total taxes payable; liability | FL103178005 | 42.2 | 33.5 | 245.5 | 43.2 | 41.5 | 39.8 | 245.5 | 248.9 | 223.5 | 34 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability | LM103192005 | 3271.2 | 3642.8 | 3893.3 | 3718.6 | 3790 | 3861.2 | 3893.3 | 3909.3 | 3903.5 | 35 |
| Nonfinancial corporate business; total miscellaneous liabilities | FL103190005 | 4382.8 | 4621.7 | 4459.6 | 4526.5 | 4523 | 4450.5 | 4459.6 | 4389.1 | 4018.3 | 36 |
| Private pension funds; pension fund contributions receivable; asset | FL573074005 | 91.3 | 95.2 | 104.1 | 98.3 | 99.2 | 100.8 | 104.1 | 107.3 | 110.7 | 37 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset | FL573073005 | 609 | 568.6 | 356.2 | 519.4 | 480.5 | 427.8 | 356.2 | 392.3 | 354.2 | 38 |
| Nonfinancial corporate business; unidentified miscellaneous liabilities | FL103193005 | 3682.6 | 3958 | 3999.3 | 3908.8 | 3943.3 | 3922 | 3999.3 | 3889.4 | 3553.4 | 39 |
| Nonfinancial corporate business; corporate equities; liability | LM103164103 | 22617.5 | 24271.1 | 28366.9 | 25542.7 | 25999.9 | 26923.9 | 28366.9 | 28046.2 | 29458.3 | 40 |
| Nonfinancial corporate business; liquid assets (broad measure) (4) | FL104001005 | 3711.6 | 4004.6 | 4512.8 | 4102.7 | 4215 | 4361.9 | 4512.8 | 4380.2 | 4353.7 | 41 |
| Nonfinancial corporate business; total short-term liabilities (5) | FL104150005 | 4391.2 | 4684.6 | 5324.9 | 4761.9 | 4861.3 | 4988.7 | 5324.9 | 5314.3 | 5653.5 | 42 |
| Nonfinancial corporate business; liquid assets as a percentage of short-term liabilties | FL104001006 | 84.5 | 85.5 | 84.7 | 86.2 | 86.7 | 87.4 | 84.7 | 82.4 | 77 | 43 |
| Nonfinancial corporate business; short-term debt as a percentage of total debt (6) | FL104140006 | 27.7 | 27.5 | 28.2 | 28 | 28.1 | 28 | 28.2 | 27.9 | 30.1 | 44 |
NOTES
- Through 1992:Q4, corporate bonds include net issues by Netherlands Antillean financial subsidiaries, and U.S. direct investment abroad excludes net inflows from those bond issues.
- Industrial revenue bonds. Issued by state and local governments to finance private investment and secured in interest and principal by the industrial user of the funds.
- Loans from rest of the world, U.S. government, and nonbank financial institutions. Detail can be found on table L.216.
- Sum of lines 2 through 7 and lines 15 and 16.
- Sum of lines 25, 29, 30, 32, and 33. Includes loans due in more than one year and excludes current maturities of bonds and mortgages.
- Short-term debt is the sum of lines 26, 30, and 31. Total debt is the sum of lines 25 and 29.
Last Update: September 20, 2018