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 | 2017 | 2018 | 2019 | 2018 Q3 | 2018 Q4 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial corporate business; net worth (1) | FC102090005 | 712.9 | 1071.1 | 406.7 | -712.0 | 1079.4 | -493.2 | 464.0 | 392.8 | 43.1 | 1 |
| Nonfinancial corporate business; net investment | FU105060005 | 189.1 | 20.8 | -160.5 | -116.6 | -84.8 | -403.3 | 9.4 | 109.2 | 124.2 | 2 |
| Nonfinancial corporate business; net physical investment | FU105061005 | 442.8 | 530.5 | 464.4 | 168.3 | 109.9 | 168.8 | 114.1 | 127.8 | 53.6 | 3 |
| Nonfinancial corporate business; total capital expenditures | FU105050005 | 1887.4 | 2051.0 | 2130.9 | 553.5 | 507.7 | 572.5 | 526.6 | 552.7 | 479.1 | 4 |
| Nonfinancial corporate business; gross fixed investment | FU105019005 | 1859.1 | 2001.0 | 2067.4 | 504.1 | 511.2 | 517.3 | 519.1 | 516.4 | 514.6 | 5 |
| Nonfinancial corporate business; inventories including IVA | FU105020005 | 27.9 | 51.1 | 62.5 | 49.8 | -3.6 | 54.0 | 7.4 | 36.3 | -35.2 | 6 |
| Nonfinancial corporate business; acquisition of nonproduced nonfinancial assets (net) | FU105420005 | 0.4 | -1.1 | 1.0 | -0.4 | 0.1 | 1.2 | 0.0 | 0.0 | -0.3 | 7 |
| Nonfinancial corporate business; consumption of fixed capital, structures, equipment, and intellectual property products (NIPA basis) | FU106300005 | 1493.5 | 1572.0 | 1661.3 | 395.7 | 401.6 | 407.5 | 413.6 | 417.9 | 422.3 | 8 |
| Nonfinancial corporate business; consumption of fixed capital, residential structures and equipment, current cost basis | FU106320005 | 4.3 | 3.8 | 4.3 | 0.9 | 1.0 | 1.0 | 1.1 | 1.0 | 1.2 | 9 |
| Nonfinancial corporate business; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis | FU106330005 | 1489.2 | 1568.2 | 1656.9 | 394.8 | 400.5 | 406.5 | 412.5 | 416.9 | 421.0 | 10 |
| Nonfinancial corporate business; inventory valuation adjustment (IVA) | FU105020601 | -48.9 | -51.5 | 5.2 | -10.5 | -3.8 | -3.9 | -1.1 | 7.0 | 3.2 | 11 |
| Nonfinancial corporate business; net lending (+) or borrowing (-) (financial account) | FU105000005 | 67.2 | 19.9 | -216.3 | -238.5 | -6.9 | -399.6 | -68.0 | 99.1 | 152.1 | 12 |
| Nonfinancial corporate business; total financial assets | FU104090005 | 549.0 | 318.8 | 705.9 | 32.1 | 62.4 | -47.7 | 210.6 | 289.8 | 253.1 | 13 |
| Nonfinancial corporate business; total liabilities and equity | FU104194005 | 481.8 | 298.9 | 922.2 | 270.6 | 69.3 | 351.9 | 278.6 | 190.7 | 101.0 | 14 |
| Nonfinancial corporate business; corporate equities; liability | FU103164103 | -320.8 | -529.7 | -408.5 | -46.4 | -187.9 | -172.6 | -36.8 | -117.7 | -81.5 | 15 |
| Nonfinancial corporate business; assets less liabilities with revaluations | FR108000005 | 1779.7 | -732.1 | 1509.6 | -547.5 | -349.7 | 629.7 | 650.4 | 213.0 | 16.5 | 16 |
| Nonfinancial corporate business; nonfinancial assets | FR102010005 | 1022.6 | 225.7 | 973.7 | -349.4 | 100.1 | 379.2 | 587.9 | 298.2 | -291.5 | 17 |
| Nonfinancial corporate business; real estate at market value | FR105035005 | 881.5 | 123.9 | 898.0 | -355.5 | 85.9 | 382.4 | 559.3 | 320.5 | -364.2 | 18 |
| Nonfinancial corporate business; equipment, current cost basis (2) | FR105015205 | 30.7 | 48.5 | 5.4 | 28.9 | -5.1 | 12.2 | 5.0 | -14.8 | 3.0 | 19 |
| Nonfinancial corporate business; nonresidential intellectual property products, current cost basis (2) | FR105013765 | 80.8 | 31.1 | 78.9 | 5.6 | -16.2 | 16.6 | 24.0 | 19.8 | 18.4 | 20 |
| Nonfinancial corporate business; inventories excluding IVA, current cost basis (2) (3) | FR105020015 | 29.7 | 22.1 | -8.6 | -28.4 | 35.5 | -32.0 | -0.4 | -27.4 | 51.2 | 21 |
| Nonfinancial corporate business; financial assets with revaluations with corporate farms (IMA) | FR108080095 | 1297.6 | -1254.2 | 1103.7 | 144.2 | -1152.0 | 785.1 | 202.7 | -77.3 | 193.2 | 22 |
| Nonfinancial corporate business; debt securities; asset | FR104022005 | 0.5 | -1.9 | 3.6 | -1.0 | 1.3 | 1.4 | 1.9 | 1.1 | -0.8 | 23 |
| Nonfinancial corporate business; corporate equities; asset | FR103064103 | 326.0 | -118.3 | 511.4 | 140.9 | -291.5 | 233.1 | 76.0 | 24.6 | 177.8 | 24 |
| Nonfinancial corporate business; mutual fund shares; asset | FR103064203 | 37.3 | -22.2 | 50.7 | 8.9 | -32.4 | 26.2 | 8.4 | 0.3 | 15.7 | 25 |
| Nonfinancial corporate business; U.S. direct investment abroad (market value); asset | FR103092005 | 933.9 | -1111.8 | 537.9 | -4.6 | -829.5 | 524.4 | 116.4 | -103.4 | 0.5 | 26 |
| Nonfinancial corporate business; liabilities with revaluations | FR108100005 | 540.6 | -296.4 | 567.9 | 342.3 | -702.2 | 534.6 | 140.2 | 7.9 | -114.8 | 27 |
| Nonfinancial corporate business; foreign direct investment in U.S. (market value); liability | FR103192005 | 810.7 | -482.4 | 998.3 | 399.1 | -926.1 | 740.2 | 222.6 | 35.5 | 0.0 | 28 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset | FR573073005 | -270.1 | 186.0 | -430.5 | -56.8 | 223.9 | -205.6 | -82.4 | -27.6 | -114.8 | 29 |
| Nonfinancial corporate business; other volume changes (4) | FV108090005 | -1255.9 | 1782.4 | -942.4 | -47.9 | 1513.9 | -719.6 | -195.8 | 70.6 | -97.6 | 30 |
| Nonfinancial corporate business; net worth (5) | FL102090005 | 15425.0 | 16496.1 | 16902.7 | 15416.7 | 16496.1 | 16002.9 | 16466.8 | 16859.6 | 16902.7 | 31 |
NOTES
- Sum of net investment (line 2), net holding gains (line 16), and other volume changes (line 30).
- Valued at current cost.
- Before inventory valuation adjustment.
- Consists of statistical discontinuities and disaster-related losses to fixed assets.
- Table B.103, line 39.
Last Update: March 12, 2020