L.103 Nonfinancial Corporate Business
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2017 2018 2019 2018 Q3 2018 Q4 2019 Q1 2019 Q2 2019 Q3 2019 Q4 Line
Nonfinancial corporate business; total financial assets FL104090005 17998.3 18574.6 20246.3 18434.7 18574.6 19187.6 19484.6 19800.4 20246.3 1
Nonfinancial corporate business; private foreign deposits; asset FL103091003 216.6 89.0 91.3 116.1 89.0 90.2 100.4 85.6 91.3 2
Nonfinancial corporate business; checkable deposits and currency; asset FL103020000 975.5 1030.1 1231.5 1024.2 1030.1 919.5 1021.2 1213.6 1231.5 3
Nonfinancial corporate business; total time and savings deposits; asset FL103030003 181.3 174.7 179.4 174.3 174.7 181.9 184.2 182.0 179.4 4
Nonfinancial corporate business; money market fund shares; asset FL103034000 475.7 466.3 577.0 449.7 466.3 472.6 492.0 528.4 577.0 5
Nonfinancial corporate business; security repurchase agreements; asset FL102051003 39.6 14.0 8.5 12.7 14.0 11.6 9.9 9.7 8.5 6
Nonfinancial corporate business; debt securities; asset LM104022005 236.0 239.2 300.3 220.0 239.2 239.9 263.9 290.5 300.3 7
Nonfinancial corporate business; commercial paper; asset FL103069100 123.7 155.4 242.3 137.3 155.4 152.6 184.9 216.5 242.3 8
Nonfinancial corporate business; Treasury securities; asset LM103061103 71.3 50.4 30.5 49.6 50.4 52.8 46.4 42.5 30.5 9
Nonfinancial corporate business; agency- and GSE-backed securities; asset LM103061703 23.8 16.8 10.5 16.5 16.8 17.6 15.5 14.2 10.5 10
Nonfinancial corporate business; municipal securities; asset LM103062003 17.2 16.6 17.0 16.6 16.6 16.9 17.1 17.2 17.0 11
Nonfinancial corporate business; loans; asset FL104023005 70.8 72.1 73.5 71.2 72.1 71.4 72.0 72.5 73.5 12
Nonfinancial corporate business; total mortgages; asset FL103065003 32.2 33.5 34.9 33.2 33.5 33.9 34.2 34.5 34.9 13
Nonfinancial corporate business; consumer credit; asset FL103066005 38.6 38.6 38.6 38.0 38.6 37.6 37.8 38.0 38.6 14
Nonfinancial corporate business; corporate equities; asset LM103064103 1948.3 1783.8 2249.1 2086.0 1783.8 2005.4 2069.8 2082.9 2249.1 15
Nonfinancial corporate business; mutual fund shares; asset LM103064203 303.1 271.0 311.9 305.8 271.0 294.7 300.7 298.6 311.9 16
Nonfinancial corporate business; trade receivables; asset FL103070005 3114.0 3257.2 3330.4 3327.2 3257.2 3297.4 3363.2 3363.6 3330.4 17
Nonfinancial corporate business; U.S. direct investment abroad (market value); asset (1) LM103092005 6684.0 5503.4 6164.8 6299.3 5503.4 6004.8 6219.4 6150.1 6164.8 18
Nonfinancial corporate business; total miscellaneous assets FL103090005 3753.4 5673.7 5728.6 4348.2 5673.7 5598.1 5387.9 5523.0 5728.6 19
Nonfinancial corporate business; insurance receivables due from property-casualty insurance companies; asset FL103076005 365.6 377.1 391.7 377.6 377.1 378.7 383.9 386.2 391.7 20
Nonfinancial corporate business; equity in Fannie Mae and Farm Credit System; asset FL103092405 1.2 1.2 1.3 1.2 1.2 1.3 1.3 1.3 1.3 21
Nonfinancial corporate business; equity investment in finance company subsidiaries; asset FL103094105 110.7 113.2 111.4 118.9 113.2 114.7 112.7 112.1 111.4 22
Nonfinancial corporate business; unidentified miscellaneous assets FL103093005 3275.9 5182.2 5224.2 3850.5 5182.2 5103.4 4890.0 5023.4 5224.2 23
Nonfinancial corporate business; total liabilities FL104190005 25309.1 25546.4 28217.0 26281.6 25546.4 27187.0 27713.6 28057.8 28217.0 24
Nonfinancial corporate business; debt securities; liability FL104122005 6158.7 6298.8 6557.6 6291.9 6298.8 6437.9 6513.8 6588.8 6557.6 25
Nonfinancial corporate business; commercial paper; liability FL103169100 206.7 196.5 194.9 223.6 196.5 241.1 236.6 216.6 194.9 26
Nonfinancial corporate business; municipal securities; liability (2) FL103162000 567.4 563.2 577.6 561.5 563.2 565.9 569.5 569.9 577.6 27
Nonfinancial corporate business; corporate bonds; liability (1) FL103163003 5384.6 5539.2 5785.0 5506.8 5539.2 5630.9 5707.7 5802.2 5785.0 28
Nonfinancial corporate business; loans; liability FL104123005 2891.6 3355.4 3558.9 3284.1 3355.4 3432.1 3476.7 3513.7 3558.9 29
Nonfinancial corporate business; depository institution loans n.e.c.; liability FL103168005 1004.5 1081.0 1102.7 1031.0 1081.0 1093.7 1103.7 1099.5 1102.7 30
Nonfinancial corporate business; other loans and advances; liability (3) FL103169005 1387.6 1725.8 1855.1 1717.1 1725.8 1775.8 1799.4 1826.8 1855.1 31
Nonfinancial corporate business; total mortgages; liability FL103165005 499.5 548.6 601.1 536.1 548.6 562.6 573.6 587.4 601.1 32
Nonfinancial corporate business; trade payables; liability FL103170005 2369.7 2507.3 2586.5 2515.4 2507.3 2496.6 2539.3 2571.1 2586.5 33
Nonfinancial corporate business; total taxes payable; liability FL103178005 277.2 263.1 236.7 263.9 263.1 272.8 241.9 240.7 236.7 34
Nonfinancial corporate business; foreign direct investment in U.S. (market value); liability LM103192005 6552.9 6302.2 7503.3 7156.0 6302.2 7121.6 7414.3 7482.1 7503.3 35
Nonfinancial corporate business; total miscellaneous liabilities FL103190005 7058.9 6819.5 7774.0 6770.4 6819.5 7426.0 7527.6 7661.5 7774.0 36
Private pension funds; pension fund contributions receivable; asset FL573074005 119.3 131.5 146.8 129.4 131.5 135.0 137.6 141.8 146.8 37
Private defined benefit pension funds; claims of pension fund on sponsor; asset FL573073005 294.6 465.3 45.8 238.8 465.3 262.5 183.0 158.4 45.8 38
Nonfinancial corporate business; unidentified miscellaneous liabilities FL103193005 6645.0 6222.8 7581.3 6402.2 6222.8 7028.5 7207.0 7361.3 7581.3 39
Nonfinancial corporate business; corporate equities; liability LM103164103 28901.7 26668.1 33889.3 31399.8 26668.1 30424.1 31266.6 31206.9 33889.3 40
Nonfinancial corporate business; liquid assets (broad measure) (4) FL104001005 4376.0 4068.2 4948.9 4388.9 4068.2 4215.8 4442.1 4691.2 4948.9 41
Nonfinancial corporate business; total short-term liabilities (5) FL104150005 5245.7 5773.7 5975.9 5750.9 5773.7 5880.0 5920.9 5954.8 5975.9 42
Nonfinancial corporate business; liquid assets as a percentage of short-term liabilties FL104001006 83.42 70.46 82.82 76.32 70.46 71.70 75.02 78.78 82.82 43
Nonfinancial corporate business; short-term debt as a percentage of total debt (6) FL104140006 28.71 31.11 31.16 31.03 31.11 31.52 31.43 31.11 31.16 44

NOTES

  1. 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.
  2. 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.
  3. Loans from rest of the world, U.S. government, and nonbank financial institutions. Detail can be found on table L.216.
  4. Sum of lines 2 through 7 and lines 15 and 16.
  5. 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.
  6. Short-term debt is the sum of lines 26, 30, and 31. Total debt is the sum of lines 25 and 29.
Last Update: March 12, 2020