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 | 2017 | 2018 | 2018 Q1 | 2018 Q2 | 2018 Q3 | 2018 Q4 | 2019 Q1 | 2019 Q2 | 2019 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial corporate business; total financial assets | FL104090005 | 17998.3 | 18574.6 | 18135.9 | 18253.8 | 18434.7 | 18574.6 | 19187.6 | 19484.6 | 19800.6 | 1 |
| Nonfinancial corporate business; private foreign deposits; asset | FL103091003 | 216.6 | 89.0 | 201.1 | 202.6 | 116.1 | 89.0 | 90.2 | 100.4 | 85.6 | 2 |
| Nonfinancial corporate business; checkable deposits and currency; asset | FL103020000 | 975.5 | 1030.1 | 927.8 | 929.9 | 1024.2 | 1030.1 | 919.5 | 1021.2 | 1213.6 | 3 |
| Nonfinancial corporate business; total time and savings deposits; asset | FL103030003 | 181.3 | 174.7 | 175.4 | 170.4 | 174.3 | 174.7 | 181.9 | 184.2 | 182.0 | 4 |
| Nonfinancial corporate business; money market fund shares; asset | FL103034000 | 475.7 | 466.3 | 457.0 | 452.0 | 449.7 | 466.3 | 472.6 | 492.0 | 528.4 | 5 |
| Nonfinancial corporate business; security repurchase agreements; asset | FL102051003 | 39.6 | 14.0 | 30.7 | 16.1 | 12.7 | 14.0 | 11.6 | 9.9 | 9.7 | 6 |
| Nonfinancial corporate business; debt securities; asset | LM104022005 | 236.0 | 239.2 | 231.1 | 225.7 | 220.0 | 239.2 | 239.9 | 263.9 | 290.4 | 7 |
| Nonfinancial corporate business; commercial paper; asset | FL103069100 | 123.7 | 155.4 | 126.4 | 131.1 | 137.3 | 155.4 | 152.6 | 184.9 | 216.5 | 8 |
| Nonfinancial corporate business; Treasury securities; asset | LM103061103 | 71.3 | 50.4 | 65.8 | 58.3 | 49.6 | 50.4 | 52.8 | 46.4 | 42.5 | 9 |
| Nonfinancial corporate business; agency- and GSE-backed securities; asset | LM103061703 | 23.8 | 16.8 | 21.9 | 19.4 | 16.5 | 16.8 | 17.6 | 15.5 | 14.2 | 10 |
| Nonfinancial corporate business; municipal securities; asset | LM103062003 | 17.2 | 16.6 | 16.9 | 16.9 | 16.6 | 16.6 | 16.9 | 17.1 | 17.2 | 11 |
| Nonfinancial corporate business; loans; asset | FL104023005 | 70.8 | 72.1 | 70.1 | 70.7 | 71.2 | 72.1 | 71.4 | 72.0 | 72.5 | 12 |
| Nonfinancial corporate business; total mortgages; asset | FL103065003 | 32.2 | 33.5 | 32.5 | 32.9 | 33.2 | 33.5 | 33.9 | 34.2 | 34.5 | 13 |
| Nonfinancial corporate business; consumer credit; asset | FL103066005 | 38.6 | 38.6 | 37.6 | 37.8 | 38.0 | 38.6 | 37.6 | 37.8 | 38.0 | 14 |
| Nonfinancial corporate business; corporate equities; asset | LM103064103 | 1947.4 | 1782.0 | 1912.0 | 1956.2 | 2084.2 | 1782.0 | 2003.1 | 2067.2 | 2080.0 | 15 |
| Nonfinancial corporate business; mutual fund shares; asset | LM103064203 | 303.1 | 271.0 | 298.6 | 299.4 | 305.8 | 271.0 | 294.7 | 300.7 | 298.6 | 16 |
| Nonfinancial corporate business; trade receivables; asset | FL103070005 | 3114.0 | 3257.2 | 3142.7 | 3236.2 | 3327.2 | 3257.2 | 3297.4 | 3363.2 | 3363.6 | 17 |
| Nonfinancial corporate business; U.S. direct investment abroad (market value); asset (1) | LM103092005 | 6684.0 | 5503.4 | 6404.6 | 6253.9 | 6299.3 | 5503.4 | 6004.8 | 6208.4 | 6243.9 | 18 |
| Nonfinancial corporate business; total miscellaneous assets | FL103090005 | 3754.3 | 5675.5 | 4284.7 | 4440.8 | 4350.0 | 5675.5 | 5600.4 | 5401.5 | 5432.4 | 19 |
| Nonfinancial corporate business; insurance receivables due from property-casualty insurance companies; asset | FL103076005 | 365.6 | 377.1 | 367.5 | 371.0 | 377.6 | 377.1 | 378.8 | 384.0 | 386.3 | 20 |
| Nonfinancial corporate business; equity in Fannie Mae and Farm Credit System; asset | FL103092405 | 1.2 | 1.2 | 1.3 | 1.2 | 1.2 | 1.2 | 1.3 | 1.3 | 1.3 | 21 |
| Nonfinancial corporate business; equity investment in finance company subsidiaries; asset | FL103094105 | 110.7 | 113.8 | 115.5 | 113.2 | 118.9 | 113.8 | 115.1 | 116.5 | 115.3 | 22 |
| Nonfinancial corporate business; unidentified miscellaneous assets | FL103093005 | 3276.8 | 5183.3 | 3800.5 | 3955.4 | 3852.3 | 5183.3 | 5105.2 | 4899.7 | 4929.5 | 23 |
| Nonfinancial corporate business; total liabilities | FL104190005 | 25309.1 | 25546.4 | 25340.6 | 25576.8 | 26281.6 | 25546.4 | 27187.0 | 27695.5 | 28043.7 | 24 |
| Nonfinancial corporate business; debt securities; liability | FL104122005 | 6178.2 | 6297.7 | 6269.1 | 6277.4 | 6295.2 | 6297.7 | 6436.9 | 6511.7 | 6587.2 | 25 |
| Nonfinancial corporate business; commercial paper; liability | FL103169100 | 206.7 | 196.5 | 242.0 | 240.8 | 223.6 | 196.5 | 241.1 | 236.6 | 216.4 | 26 |
| Nonfinancial corporate business; municipal securities; liability (2) | FL103162000 | 567.5 | 563.2 | 564.5 | 567.1 | 561.4 | 563.2 | 566.0 | 569.6 | 570.1 | 27 |
| Nonfinancial corporate business; corporate bonds; liability (1) | FL103163003 | 5404.0 | 5538.0 | 5462.6 | 5469.4 | 5510.2 | 5538.0 | 5629.8 | 5705.5 | 5800.7 | 28 |
| Nonfinancial corporate business; loans; liability | FL104123005 | 2895.7 | 3360.0 | 2898.3 | 3241.8 | 3288.9 | 3360.0 | 3436.7 | 3479.6 | 3517.7 | 29 |
| Nonfinancial corporate business; depository institution loans n.e.c.; liability | FL103168005 | 1004.5 | 1081.4 | 1013.9 | 1032.9 | 1031.5 | 1081.4 | 1093.9 | 1105.8 | 1101.4 | 30 |
| Nonfinancial corporate business; other loans and advances; liability (3) | FL103169005 | 1387.6 | 1725.8 | 1370.6 | 1678.0 | 1717.1 | 1725.8 | 1775.8 | 1799.4 | 1826.5 | 31 |
| Nonfinancial corporate business; total mortgages; liability | FL103165005 | 503.6 | 552.8 | 513.8 | 530.9 | 540.4 | 552.8 | 566.9 | 574.5 | 589.8 | 32 |
| Nonfinancial corporate business; trade payables; liability | FL103170005 | 2369.7 | 2507.3 | 2344.0 | 2414.9 | 2515.4 | 2507.3 | 2496.6 | 2539.3 | 2571.1 | 33 |
| Nonfinancial corporate business; total taxes payable; liability | FL103178005 | 277.2 | 263.1 | 283.9 | 256.2 | 263.9 | 263.1 | 272.8 | 241.9 | 240.7 | 34 |
| Nonfinancial corporate business; foreign direct investment in U.S. (market value); liability | LM103192005 | 6552.9 | 6302.2 | 6484.6 | 6639.3 | 7156.0 | 6302.2 | 7121.6 | 7404.5 | 7476.0 | 35 |
| Nonfinancial corporate business; total miscellaneous liabilities | FL103190005 | 7035.4 | 6816.0 | 7060.7 | 6747.2 | 6762.3 | 6816.0 | 7422.5 | 7518.4 | 7651.0 | 36 |
| Private pension funds; pension fund contributions receivable; asset | FL573074005 | 119.3 | 131.5 | 122.5 | 126.8 | 129.4 | 131.5 | 135.0 | 137.6 | 141.2 | 37 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset | FL573073005 | 294.6 | 465.3 | 331.1 | 300.2 | 238.8 | 465.3 | 262.5 | 183.0 | 158.4 | 38 |
| Nonfinancial corporate business; unidentified miscellaneous liabilities | FL103193005 | 6621.5 | 6219.3 | 6607.1 | 6320.2 | 6394.1 | 6219.3 | 7025.0 | 7197.8 | 7351.4 | 39 |
| Nonfinancial corporate business; corporate equities; liability | LM103164103 | 28383.2 | 25802.7 | 28088.4 | 29209.7 | 30986.8 | 25802.7 | 29423.3 | 30314.2 | 30235.8 | 40 |
| Nonfinancial corporate business; liquid assets (broad measure) (4) | FL104001005 | 4375.1 | 4066.4 | 4233.7 | 4252.3 | 4387.1 | 4066.4 | 4213.5 | 4439.5 | 4688.3 | 41 |
| Nonfinancial corporate business; total short-term liabilities (5) | FL104150005 | 5245.7 | 5774.1 | 5254.4 | 5622.9 | 5751.4 | 5774.1 | 5880.2 | 5922.9 | 5956.1 | 42 |
| Nonfinancial corporate business; liquid assets as a percentage of short-term liabilties | FL104001006 | 83.40 | 70.42 | 80.57 | 75.63 | 76.28 | 70.42 | 71.66 | 74.95 | 78.71 | 43 |
| Nonfinancial corporate business; short-term debt as a percentage of total debt (6) | FL104140006 | 28.64 | 31.10 | 28.65 | 31.01 | 31.01 | 31.10 | 31.51 | 31.44 | 31.12 | 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 26, 30, 31, 33, and 34. 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: December 12, 2019