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 | 2018 | 2019 | 2020 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial corporate business; net worth (1) | FC102090005 | 954.1 | -390.6 | -254.1 | 388.8 | -783.9 | 1165.2 | -666.8 | -294.0 | -458.5 | 1 |
| Nonfinancial corporate business; net investment | FU105060005 | -111.7 | -457.4 | 357.6 | 104.8 | -149.5 | 113.1 | 2.2 | 307.8 | -65.5 | 2 |
| Nonfinancial corporate business; net physical investment | FU105061005 | 568.9 | 516.9 | 292.5 | 145.2 | 78.0 | 92.1 | -35.1 | 127.8 | 107.7 | 3 |
| Nonfinancial corporate business; total capital expenditures | FU105050005 | 2068.2 | 2147.7 | 1963.6 | 564.1 | 489.4 | 527.3 | 400.8 | 532.5 | 503.0 | 4 |
| Nonfinancial corporate business; gross fixed investment | FU105019005 | 2017.0 | 2097.5 | 2031.2 | 526.3 | 525.0 | 517.8 | 482.1 | 506.4 | 524.8 | 5 |
| Nonfinancial corporate business; inventories including IVA | FU105020005 | 53.4 | 50.5 | -65.8 | 38.2 | -35.0 | 10.3 | -80.2 | 24.8 | -20.6 | 6 |
| Nonfinancial corporate business; acquisition of nonproduced nonfinancial assets (net) | FU105420005 | -2.1 | -0.4 | -1.8 | -0.4 | -0.6 | -0.8 | -1.1 | 1.3 | -1.1 | 7 |
| Nonfinancial corporate business; consumption of fixed capital, structures, equipment, and intellectual property products (NIPA basis) | FU106300005 | 1554.0 | 1636.0 | 1700.3 | 411.7 | 415.9 | 420.5 | 423.3 | 425.7 | 430.8 | 8 |
| Nonfinancial corporate business; consumption of fixed capital, residential structures and equipment, current cost basis | FU106320005 | 3.8 | 4.1 | 4.8 | 0.9 | 1.1 | 1.1 | 1.0 | 1.0 | 1.7 | 9 |
| Nonfinancial corporate business; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis | FU106330005 | 1550.1 | 1632.0 | 1695.5 | 410.8 | 414.8 | 419.3 | 422.3 | 424.8 | 429.1 | 10 |
| Nonfinancial corporate business; inventory valuation adjustment (IVA) | FU105020601 | -54.7 | -5.3 | -29.2 | 7.1 | -4.5 | 14.7 | 12.6 | -21.0 | -35.5 | 11 |
| Nonfinancial corporate business; net lending (+) or borrowing (-) (financial account) | FU105000005 | -132.2 | -521.5 | 256.6 | 71.6 | -103.8 | 116.9 | 56.0 | 171.9 | -88.2 | 12 |
| Nonfinancial corporate business; total financial assets | FU104090005 | 870.5 | 757.2 | 1483.0 | 301.4 | 266.5 | 717.2 | 387.3 | 375.0 | 3.5 | 13 |
| Nonfinancial corporate business; total liabilities and equity | FU104194005 | 1002.7 | 1278.8 | 1226.4 | 229.8 | 370.2 | 600.3 | 331.3 | 203.1 | 91.7 | 14 |
| Nonfinancial corporate business; corporate equities; liability | FU103164103 | -548.3 | -452.7 | -191.5 | -112.0 | -123.7 | -96.0 | -18.6 | 8.1 | -85.0 | 15 |
| Nonfinancial corporate business; assets less liabilities with revaluations | FR108000005 | -672.2 | 1382.2 | 114.2 | 212.7 | -224.9 | -791.1 | 367.3 | -176.6 | 714.6 | 16 |
| Nonfinancial corporate business; nonfinancial assets | FR102010005 | 240.7 | 1041.1 | 528.0 | 302.1 | -271.4 | 5.6 | 118.5 | -111.5 | 515.4 | 17 |
| Nonfinancial corporate business; real estate at market value | FR105035005 | 107.8 | 996.0 | 480.0 | 333.3 | -323.4 | 33.7 | 87.0 | -118.0 | 477.3 | 18 |
| Nonfinancial corporate business; equipment, current cost basis (2) | FR105015205 | 58.2 | 8.6 | -26.8 | -8.3 | 2.1 | 9.0 | -0.3 | -8.4 | -27.0 | 19 |
| Nonfinancial corporate business; nonresidential intellectual property products, current cost basis (2) | FR105013765 | 49.7 | 42.2 | 77.4 | 6.6 | -8.9 | 15.0 | 28.7 | 8.7 | 25.0 | 20 |
| Nonfinancial corporate business; inventories excluding IVA, current cost basis (2) (3) | FR105020015 | 25.1 | -5.8 | -2.7 | -29.5 | 58.8 | -52.1 | 3.1 | 6.1 | 40.2 | 21 |
| Nonfinancial corporate business; financial assets with revaluations with corporate farms (IMA) | FR108080095 | -1269.5 | 1571.5 | 852.7 | -67.1 | 599.2 | -2031.2 | 1165.2 | 456.4 | 1262.2 | 22 |
| Nonfinancial corporate business; debt securities; asset | FR104022005 | -1.9 | 3.9 | 1.5 | 1.2 | -0.8 | 4.2 | -0.5 | -1.0 | -1.3 | 23 |
| Nonfinancial corporate business; corporate equities; asset | FR103064103 | -118.9 | 517.8 | 377.0 | 25.0 | 181.8 | -462.8 | 369.5 | 188.3 | 281.9 | 24 |
| Nonfinancial corporate business; mutual fund shares; asset | FR103064203 | -22.2 | 51.4 | 42.0 | 0.3 | 16.3 | -52.4 | 42.0 | 18.4 | 34.1 | 25 |
| Nonfinancial corporate business; U.S. direct investment abroad (market value); asset | FR103092005 | -1126.5 | 998.4 | 432.2 | -93.7 | 401.9 | -1520.3 | 754.2 | 250.7 | 947.5 | 26 |
| Nonfinancial corporate business; liabilities with revaluations | FR108100005 | -356.5 | 1230.4 | 1266.4 | 22.3 | 552.7 | -1234.5 | 916.3 | 521.6 | 1063.0 | 27 |
| Nonfinancial corporate business; foreign direct investment in U.S. (market value); liability | FR103192005 | -508.6 | 1675.8 | 1347.7 | 49.1 | 677.3 | -1595.1 | 1130.5 | 606.0 | 1206.3 | 28 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset | FR573073005 | 152.1 | -445.4 | -81.4 | -26.8 | -124.6 | 360.6 | -214.2 | -84.5 | -143.3 | 29 |
| Nonfinancial corporate business; other volume changes (4) | FV108090005 | 1737.9 | -1315.4 | -725.9 | 71.3 | -409.6 | 1843.3 | -1036.4 | -425.2 | -1107.6 | 30 |
| Nonfinancial corporate business; net worth (5) | FL102090005 | 16365.6 | 15975.1 | 15721.0 | 16759.0 | 15975.1 | 17140.3 | 16473.5 | 16179.5 | 15721.0 | 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: April 1, 2021