Financial Accounts of the United States - Z.1
R.103 Change in Net Worth of Nonfinancial Corporate Business
Billions of dollars; not seasonally adjusted| Description | Series code | 2016 | 2017 | 2018 | 2017 Q3 | 2017 Q4 | 2018 Q1 | 2018 Q2 | 2018 Q3 | 2018 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial corporate business; net worth (1) | FC102090005 | 1308.4 | 1686.7 | 270.7 | 427.6 | 541.5 | -42.4 | 847.5 | -224.9 | -309.5 | 1 |
| Nonfinancial corporate business; net investment | FU105060005 | -202.2 | -82.1 | -104.8 | 3.5 | -104.7 | 99.2 | -153.8 | -8.8 | -41.3 | 2 |
| Nonfinancial corporate business; net physical investment | FU105061005 | 339.6 | 446.5 | 578.1 | 152.4 | 97.4 | 157.9 | 126.1 | 168.8 | 125.3 | 3 |
| Nonfinancial corporate business; total capital expenditures | FU105050005 | 1770.1 | 1889.8 | 2075.9 | 519.0 | 456.3 | 520.9 | 491.1 | 553.0 | 510.9 | 4 |
| Nonfinancial corporate business; consumption of fixed capital, structures, equipment, and intellectual property products (NIPA basis) | FU106300005 | 1431.5 | 1488.8 | 1560.6 | 374.4 | 377.5 | 381.5 | 387.5 | 392.8 | 398.8 | 5 |
| Nonfinancial corporate business; inventory valuation adjustment (IVA) | FU105020601 | -1.0 | -45.5 | -62.9 | -7.7 | -18.6 | -18.5 | -22.5 | -8.6 | -13.3 | 6 |
| Nonfinancial corporate business; net lending (+) or borrowing (-) (financial account) | FU105000005 | 34.9 | -209.3 | -169.4 | -30.3 | -146.3 | 40.4 | -77.3 | -129.8 | -2.6 | 7 |
| Nonfinancial corporate business; total financial assets | FU104090005 | 1420.1 | 968.4 | 364.5 | 309.1 | 312.9 | 143.8 | -49.4 | 102.4 | 167.7 | 8 |
| Nonfinancial corporate business; total liabilities | FU104190005 | 1385.2 | 1177.7 | 533.8 | 339.4 | 459.2 | 103.4 | 27.9 | 232.3 | 170.3 | 9 |
| Nonfinancial corporate business; corporate equities; liability | FU103164103 | -576.8 | -319.3 | -513.5 | -118.6 | -55.8 | -99.2 | -202.6 | -47.8 | -164.0 | 10 |
| Nonfinancial corporate business; holding gains on assets at market value (2) | FR108000005 | 768.1 | 1232.0 | -244.6 | 291.4 | 509.4 | -284.3 | 722.6 | -289.6 | -393.3 | 11 |
| Nonfinancial corporate business; real estate at market value | FR105035005 | 609.6 | 872.8 | -110.5 | 211.4 | 388.1 | -258.8 | 664.3 | -435.6 | -80.5 | 12 |
| Nonfinancial corporate business; corporate equities; asset | FR103064103 | 145.9 | 324.9 | -113.6 | 71.4 | 113.1 | -23.7 | 55.3 | 137.7 | -282.9 | 13 |
| Nonfinancial corporate business; mutual fund shares; asset | FR103064203 | 12.6 | 34.2 | -20.4 | 8.6 | 8.2 | -1.8 | 3.0 | 8.3 | -29.9 | 14 |
| Nonfinancial corporate business; holding gains on assets less liabilities at current cost (2) | FR108100005 | 86.0 | 229.6 | 73.9 | 58.1 | 67.6 | 22.0 | -61.5 | 10.6 | 102.8 | 15 |
| Nonfinancial corporate business; equipment, current cost basis | FR105015205 | -28.8 | 20.8 | 12.0 | 4.0 | 4.3 | -4.0 | 10.2 | 14.8 | -9.0 | 16 |
| Nonfinancial corporate business; nonresidential intellectual property products, current cost basis | FR105013765 | 27.1 | 62.4 | 42.4 | 28.2 | 15.0 | 7.2 | 12.7 | 12.2 | 10.2 | 17 |
| Nonfinancial corporate business; inventories excluding IVA, current cost basis (3) | FR105020015 | 39.1 | 34.2 | -4.9 | -32.5 | 53.0 | -6.5 | 8.9 | -25.4 | 18.1 | 18 |
| Nonfinancial corporate business; U.S. direct investment abroad; asset | FR103092005 | 11.7 | 114.4 | -4.1 | 66.5 | -10.0 | 8.2 | -5.4 | -3.6 | -3.3 | 19 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability | FR103192005 | -36.9 | 2.1 | -28.5 | 8.1 | -5.2 | -17.2 | 87.9 | -12.4 | -86.8 | 20 |
| Nonfinancial corporate business; other volume changes (4) | FV108090005 | 656.5 | 307.2 | 546.2 | 74.7 | 69.2 | 120.6 | 340.2 | 63.0 | 22.3 | 21 |
| Nonfinancial corporate business; net worth (5) | FL102090005 | 22737.3 | 24423.9 | 24694.6 | 23882.4 | 24423.9 | 24381.5 | 25229.0 | 25004.1 | 24694.6 | 22 |
NOTES
- Sum of net investment (line 2), holding gains (lines 11 and 15), and other volume changes (line 21).
- Calculated as change in amount outstanding less net purchases during period less disaster-related losses to fixed assets.
- Before inventory valuation adjustment.
- Consists of statistical discontinuities and disaster-related losses to fixed assets.
- Table B.103, line 39.
Last Update: March 7, 2019