Financial Accounts of the United States - Z.1
B.103 Balance Sheet of Nonfinancial Corporate Business
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2015 | 2016 | 2017 | 2018 | 2018 Q1 | 2018 Q2 | 2018 Q3 | 2018 Q4 | 2019 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial corporate business; total assets | FL102000005 | 39293.8 | 41583.6 | 43971.2 | 44680.8 | 44023.6 | 44861.1 | 44794.9 | 44680.8 | 45642.9 | 1 |
| Nonfinancial corporate business; nonfinancial assets | LM102010005 | 20471.7 | 21421.7 | 22813.5 | 23371.6 | 22701.6 | 23520.1 | 23232.9 | 23371.6 | 23907.3 | 2 |
| Nonfinancial corporate business; real estate at market value (1) | LM105035005 | 11335.9 | 12012.0 | 12977.0 | 13075.7 | 12749.3 | 13452.2 | 13036.5 | 13075.7 | 13472.1 | 3 |
| Nonfinancial corporate business; equipment, current cost basis (2) | LM105015205 | 4590.5 | 4685.3 | 4856.8 | 5055.1 | 4898.9 | 4955.5 | 5016.8 | 5055.1 | 5108.8 | 4 |
| Nonfinancial corporate business; nonresidential intellectual property products, current cost basis (2) | LM105013765 | 2298.5 | 2410.0 | 2560.8 | 2716.1 | 2593.4 | 2634.1 | 2675.0 | 2716.1 | 2765.1 | 5 |
| Nonfinancial corporate business; inventories excluding IVA, current cost basis (2) | LM105020015 | 2246.6 | 2314.4 | 2418.9 | 2524.7 | 2460.1 | 2478.4 | 2504.6 | 2524.7 | 2561.3 | 6 |
| Nonfinancial corporate business; total financial assets | FL104090005 | 18822.1 | 20161.9 | 21157.6 | 21309.1 | 21322.0 | 21341.0 | 21561.9 | 21309.1 | 21735.6 | 7 |
| Nonfinancial corporate business; private foreign deposits; asset | FL103091003 | 87.1 | 90.3 | 217.7 | 89.4 | 202.1 | 203.6 | 116.8 | 89.4 | 67.3 | 8 |
| Nonfinancial corporate business; checkable deposits and currency; asset | FL103020005 | 838.1 | 991.8 | 986.2 | 906.6 | 953.4 | 885.9 | 969.9 | 906.6 | 927.0 | 9 |
| Nonfinancial corporate business; total time and savings deposits; asset | FL103030003 | 144.3 | 162.9 | 157.1 | 156.3 | 154.1 | 152.6 | 156.4 | 156.3 | 156.6 | 10 |
| Nonfinancial corporate business; money market fund shares; asset | FL103034000 | 576.6 | 464.0 | 475.7 | 466.3 | 457.0 | 452.0 | 449.7 | 466.3 | 472.6 | 11 |
| Nonfinancial corporate business; security repurchase agreements; asset | FL102051003 | 61.9 | 84.6 | 39.8 | 20.7 | 20.7 | 16.4 | 17.4 | 20.7 | 16.5 | 12 |
| Nonfinancial corporate business; debt securities; asset | FL104022005 | 205.9 | 198.3 | 236.8 | 239.0 | 230.6 | 230.9 | 217.6 | 239.0 | 237.1 | 13 |
| Nonfinancial corporate business; commercial paper; asset | FL103069100 | 133.7 | 124.2 | 124.5 | 148.8 | 126.8 | 132.9 | 133.2 | 148.8 | 148.4 | 14 |
| Nonfinancial corporate business; Treasury securities; asset | FL103061103 | 37.4 | 41.2 | 71.3 | 56.8 | 66.2 | 61.8 | 53.7 | 56.8 | 55.5 | 15 |
| Nonfinancial corporate business; agency- and GSE-backed securities; asset | FL103061703 | 12.5 | 13.7 | 23.8 | 18.9 | 22.1 | 20.6 | 17.9 | 18.9 | 18.5 | 16 |
| Nonfinancial corporate business; municipal securities; asset | FL103062003 | 22.3 | 19.3 | 17.2 | 14.6 | 15.5 | 15.6 | 12.8 | 14.6 | 14.8 | 17 |
| Nonfinancial corporate business; loans; asset | FL104023005 | 69.9 | 71.0 | 94.3 | 118.2 | 99.4 | 105.7 | 111.5 | 118.2 | 123.3 | 18 |
| Nonfinancial corporate business; total mortgages; asset | FL103065003 | 31.4 | 31.3 | 55.7 | 79.6 | 61.8 | 67.9 | 73.5 | 79.6 | 85.7 | 19 |
| Nonfinancial corporate business; consumer credit; asset | FL103066005 | 38.5 | 39.7 | 38.6 | 38.6 | 37.6 | 37.8 | 38.0 | 38.6 | 37.6 | 20 |
| Nonfinancial corporate business; corporate equities; asset | LM103064103 | 1498.3 | 1715.5 | 1942.2 | 1749.1 | 1899.4 | 1935.7 | 2054.0 | 1749.1 | 1958.3 | 21 |
| Nonfinancial corporate business; mutual fund shares; asset | LM103064203 | 248.2 | 258.2 | 303.1 | 271.0 | 298.6 | 299.4 | 305.8 | 271.0 | 294.7 | 22 |
| Nonfinancial corporate business; trade receivables; asset | FL103070005 | 2752.8 | 2951.5 | 3114.0 | 3253.3 | 3142.7 | 3243.1 | 3329.1 | 3253.3 | 3305.0 | 23 |
| Nonfinancial corporate business; U.S. direct investment abroad; asset (3) | LM103092005 | 5067.8 | 5334.1 | 5725.4 | 5653.0 | 5608.5 | 5538.0 | 5606.9 | 5653.0 | 5740.1 | 24 |
| Nonfinancial corporate business; total miscellaneous assets | FL103090005 | 7271.2 | 7839.6 | 7865.5 | 8386.2 | 8255.4 | 8277.7 | 8226.9 | 8386.2 | 8437.1 | 25 |
| Nonfinancial corporate business; total liabilities | FL104190005 | 17885.9 | 18909.9 | 19451.5 | 19730.0 | 19489.0 | 19465.4 | 19643.5 | 19730.0 | 19880.7 | 26 |
| Nonfinancial corporate business; debt securities; liability | FL104122005 | 5571.0 | 5860.3 | 6174.7 | 6283.9 | 6263.1 | 6268.3 | 6288.0 | 6283.9 | 6407.1 | 27 |
| Nonfinancial corporate business; commercial paper; liability | FL103169100 | 179.0 | 180.8 | 206.7 | 196.5 | 242.0 | 240.8 | 223.6 | 196.5 | 241.1 | 28 |
| Nonfinancial corporate business; municipal securities; liability (4) | FL103162000 | 536.7 | 553.1 | 566.9 | 562.6 | 564.1 | 566.7 | 560.8 | 562.6 | 565.4 | 29 |
| Nonfinancial corporate business; corporate bonds; liability (3) | FL103163003 | 4855.3 | 5126.4 | 5401.2 | 5524.8 | 5456.9 | 5460.7 | 5503.6 | 5524.8 | 5600.6 | 30 |
| Nonfinancial corporate business; loans; liability | FL104123005 | 2523.3 | 2533.9 | 2908.1 | 3440.8 | 2914.8 | 3262.5 | 3312.8 | 3440.8 | 3518.6 | 31 |
| Nonfinancial corporate business; depository institution loans n.e.c.; liability | FL103168005 | 964.5 | 968.7 | 1004.4 | 1130.1 | 1013.7 | 1033.2 | 1031.3 | 1130.1 | 1142.1 | 32 |
| Nonfinancial corporate business; other loans and advances; liability | FL103169005 | 1089.8 | 1102.1 | 1387.5 | 1725.7 | 1370.5 | 1677.9 | 1717.0 | 1725.7 | 1775.8 | 33 |
| Nonfinancial corporate business; total mortgages; liability | FL103165005 | 468.9 | 463.1 | 516.2 | 585.0 | 530.6 | 551.4 | 564.5 | 585.0 | 600.7 | 34 |
| Nonfinancial corporate business; trade payables; liability | FL103170005 | 2110.5 | 2294.3 | 2376.4 | 2517.0 | 2350.6 | 2427.5 | 2530.9 | 2517.0 | 2517.7 | 35 |
| Nonfinancial corporate business; total taxes payable; liability | FL103178005 | 42.2 | 33.5 | 246.1 | 229.5 | 250.0 | 224.9 | 229.7 | 229.5 | 237.2 | 36 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability | LM103192005 | 3271.2 | 3642.8 | 3893.3 | 4208.2 | 3923.4 | 4008.1 | 4107.5 | 4208.2 | 4300.7 | 37 |
| Nonfinancial corporate business; total miscellaneous liabilities | FL103190005 | 4367.7 | 4545.2 | 3852.9 | 3050.6 | 3787.1 | 3274.2 | 3174.6 | 3050.6 | 2899.5 | 38 |
| Nonfinancial corporate business; net worth | FL102090005 | 21407.9 | 22673.7 | 24519.6 | 24950.8 | 24534.7 | 25395.7 | 25151.3 | 24950.8 | 25762.2 | 39 |
| Nonfinancial corporate business; residential structures, current cost basis | LM105012665 | 202.5 | 215.5 | 229.6 | 237.7 | 235.3 | 240.2 | 240.5 | 237.7 | 239.8 | 40 |
| Nonfinancial corporate business; nonresidential structures, current cost basis | LM105013665 | 8755.5 | 8903.6 | 9216.1 | 9716.9 | 9312.4 | 9456.6 | 9555.1 | 9716.9 | 9809.8 | 41 |
| Nonfinancial corporate business; corporate equities; liability | LM103164103 | 22610.5 | 24421.1 | 28385.8 | 25808.6 | 28091.4 | 29213.9 | 30991.6 | 25808.6 | 29422.7 | 42 |
| Nonfinancial corporate business; debt as a percentage of net worth (market value) | FL104104006 | 37.81 | 37.02 | 37.04 | 38.98 | 37.41 | 37.53 | 38.17 | 38.98 | 38.53 | 43 |
| Nonfinancial corporate business; debt as a percentage of the market value of corporate equities | FL104104016 | 35.80 | 34.37 | 32.00 | 37.68 | 32.67 | 32.62 | 30.98 | 37.68 | 33.73 | 44 |
| Nonfinancial corporate business; corporate equities as a percentage of net worth | FL103164106 | 105.62 | 107.71 | 115.77 | 103.44 | 114.50 | 115.03 | 123.22 | 103.44 | 114.21 | 45 |
| Nonfinancial corporate business; total assets at historical cost | FL102000115 | 32843.1 | 34642.0 | 36172.3 | 37024.1 | 36540.2 | 36721.7 | 37146.4 | 37024.1 | 37686.3 | 46 |
| Nonfinancial corporate business; nonfinancial assets at historical cost | FL102010115 | 14021.0 | 14480.1 | 15014.7 | 15715.0 | 15218.2 | 15380.7 | 15584.4 | 15715.0 | 15950.7 | 47 |
| Nonfinancial corporate business; real estate, historical cost basis | FL105035045 | 5530.8 | 5742.6 | 5958.2 | 6218.4 | 6019.6 | 6085.0 | 6150.4 | 6218.4 | 6277.0 | 48 |
| Nonfinancial corporate business; nonresidential equipment, historical cost basis | FL105013213 | 4424.4 | 4553.2 | 4701.8 | 4892.8 | 4749.1 | 4796.7 | 4844.4 | 4892.8 | 4938.2 | 49 |
| Nonfinancial corporate business; nonresidential intellectual property products, historical cost basis | FL105013715 | 2058.0 | 2156.4 | 2264.9 | 2402.6 | 2296.2 | 2330.3 | 2365.0 | 2402.6 | 2441.6 | 50 |
| Nonfinancial corporate business; inventories, historical cost basis (SOI) | FL105020000 | 2007.8 | 2027.8 | 2089.8 | 2201.2 | 2153.3 | 2168.7 | 2224.6 | 2201.2 | 2293.9 | 51 |
| Nonfinancial corporate business; net worth at historical cost | FL102090115 | 14957.2 | 15732.1 | 16720.8 | 17294.1 | 17051.2 | 17256.3 | 17502.8 | 17294.1 | 17805.6 | 52 |
| Nonfinancial corporate business; residential structures, historical cost basis | FL105012613 | 94.3 | 99.3 | 104.4 | 109.7 | 105.8 | 107.1 | 108.4 | 109.7 | 111.0 | 53 |
| Nonfinancial corporate business; nonresidential structures, historical cost basis | FL105013613 | 4885.5 | 5067.5 | 5266.2 | 5504.8 | 5323.2 | 5384.3 | 5444.7 | 5504.8 | 5565.4 | 54 |
| Nonfinancial corporate business; debt as a percentage of net worth (historical cost) | FL104104026 | 54.12 | 53.36 | 54.32 | 56.23 | 53.83 | 55.23 | 54.85 | 56.23 | 55.74 | 55 |
NOTES
- At market value.
- At replacement (current) cost.
- Through 1992, 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.
Last Update: June 6, 2019