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 | 2019 | 2020 | 2021 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial corporate business; net worth (1) | FC102090005 | 2342.0 | 1613.0 | 3564.6 | 547.0 | 898.7 | 358.9 | 912.8 | 1123.5 | 1169.4 | 1 |
| Nonfinancial corporate business; net investment | FU105060005 | 737.0 | 343.1 | 753.9 | 412.1 | -71.5 | 103.3 | 192.1 | 346.3 | 112.3 | 2 |
| Nonfinancial corporate business; net physical investment | FU105061005 | 543.0 | 274.7 | 640.9 | 128.8 | 89.2 | 162.3 | 126.5 | 176.5 | 175.5 | 3 |
| Nonfinancial corporate business; total capital expenditures | FU105050005 | 2184.6 | 1960.9 | 2189.1 | 533.8 | 490.2 | 536.3 | 491.4 | 572.7 | 588.7 | 4 |
| Nonfinancial corporate business; gross fixed investment | FU105019005 | 2111.4 | 2009.4 | 2202.2 | 498.4 | 511.9 | 532.3 | 546.9 | 555.3 | 567.7 | 5 |
| Nonfinancial corporate business; inventories including IVA | FU105020005 | 73.3 | -48.3 | -19.3 | 33.8 | -21.0 | 0.1 | -54.8 | 13.6 | 21.8 | 6 |
| Nonfinancial corporate business; acquisition of nonproduced nonfinancial assets (net) | FU105420005 | -0.1 | -0.2 | 6.1 | 1.7 | -0.7 | 3.8 | -0.7 | 3.8 | -0.8 | 7 |
| Nonfinancial corporate business; consumption of fixed capital, structures, equipment, and intellectual property products (NIPA basis) | FU106300005 | 1641.7 | 1704.4 | 1808.6 | 427.0 | 431.6 | 436.3 | 445.1 | 456.4 | 470.7 | 8 |
| Nonfinancial corporate business; consumption of fixed capital, residential structures and equipment, current cost basis | FU106320005 | 4.1 | 4.3 | 5.6 | 1.0 | 1.2 | 1.2 | 1.2 | 1.2 | 2.1 | 9 |
| Nonfinancial corporate business; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis | FU106330005 | 1637.6 | 1700.0 | 1802.9 | 426.0 | 430.5 | 435.2 | 443.9 | 455.2 | 468.6 | 10 |
| Nonfinancial corporate business; inventory valuation adjustment (IVA) | FU105020601 | -0.0 | -18.2 | -260.4 | -22.0 | -30.7 | -62.4 | -80.3 | -60.3 | -57.5 | 11 |
| Nonfinancial corporate business; net lending (+) or borrowing (-) (financial account) | FU105000005 | 435.8 | 56.1 | 380.7 | 230.2 | -166.8 | -109.0 | 109.1 | 295.2 | 85.3 | 12 |
| Nonfinancial corporate business; total financial assets | FU104090005 | 2396.4 | 1429.6 | 1350.9 | 442.3 | 133.6 | 297.2 | 231.0 | 524.7 | 298.0 | 13 |
| Nonfinancial corporate business; total liabilities and equity | FU104194005 | 1960.6 | 1373.6 | 970.2 | 212.1 | 300.4 | 406.2 | 121.8 | 229.4 | 212.7 | 14 |
| Nonfinancial corporate business; corporate equities; liability | FU103164103 | -457.9 | -167.6 | -624.7 | 12.1 | -68.4 | -27.3 | -128.6 | -217.0 | -251.8 | 15 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability (market value) | FU103192105 | 216.1 | 179.9 | 357.0 | 41.0 | 74.5 | 77.2 | 85.1 | 91.6 | 103.2 | 16 |
| Nonfinancial corporate business; assets less liabilities with revaluations | FR108000005 | 1566.3 | 1312.9 | 2879.7 | 157.6 | 973.3 | 273.1 | 736.3 | 794.5 | 1075.8 | 17 |
| Nonfinancial corporate business; nonfinancial assets | FR102010005 | 993.4 | 908.6 | 2165.0 | -43.4 | 672.9 | 119.1 | 495.0 | 791.3 | 759.6 | 18 |
| Nonfinancial corporate business; real estate at market value | FR105035005 | 951.7 | 724.1 | 1785.1 | -46.6 | 592.2 | 31.2 | 431.5 | 729.4 | 592.9 | 19 |
| Nonfinancial corporate business; equipment, current cost basis (2) | FR105015205 | 8.2 | 24.0 | 136.8 | -6.6 | -12.2 | 29.3 | -44.3 | 60.5 | 91.2 | 20 |
| Nonfinancial corporate business; nonresidential intellectual property products, current cost basis (2) | FR105013765 | 35.1 | 107.5 | 51.4 | 16.8 | 29.0 | 2.9 | 15.6 | 14.2 | 18.7 | 21 |
| Nonfinancial corporate business; inventories excluding IVA, current cost basis (2) (3) | FR105020015 | -1.6 | 53.0 | 191.7 | -7.0 | 63.8 | 55.7 | 92.2 | -12.8 | 56.7 | 22 |
| Nonfinancial corporate business; financial assets with revaluations with corporate farms (IMA) | FR108080095 | 573.0 | 404.3 | 714.7 | 201.0 | 300.5 | 154.1 | 241.3 | 3.1 | 316.2 | 23 |
| Nonfinancial corporate business; debt securities; asset | FR104022005 | 4.1 | 1.9 | -4.9 | -1.3 | -1.7 | -5.0 | 1.3 | -0.8 | -0.3 | 24 |
| Nonfinancial corporate business; corporate equities; asset | FR103064103 | 517.7 | 361.6 | 669.8 | 183.5 | 270.3 | 146.8 | 217.0 | 6.6 | 299.4 | 25 |
| Nonfinancial corporate business; mutual fund shares; asset | FR103064203 | 51.2 | 39.4 | 46.8 | 18.5 | 31.0 | 11.7 | 21.9 | -2.7 | 15.9 | 26 |
| Nonfinancial corporate business; U.S. direct investment abroad (market value); asset | FR103092005 | 933.4 | 293.7 | 783.7 | 248.8 | 800.1 | 309.7 | 389.1 | -117.3 | 202.2 | 27 |
| Nonfinancial corporate business; total miscellaneous assets | FR103090005 | -933.4 | -292.3 | -780.7 | -248.5 | -799.3 | -309.1 | -388.0 | 117.3 | -200.9 | 28 |
| Nonfinancial corporate business; liabilities with revaluations | FR108100005 | 0.0 | -0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 | 29 |
| Nonfinancial corporate business; foreign direct investment in U.S.: intercompany debt; liability (market value) | FR103192305 | 7.8 | -2.1 | -22.7 | 4.6 | -2.2 | -15.9 | -3.4 | -5.2 | 1.8 | 30 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset | FR573073005 | -434.6 | -316.8 | -326.7 | -118.3 | -222.0 | -37.7 | -162.1 | 20.0 | -146.9 | 31 |
| Nonfinancial corporate business; unidentified miscellaneous liabilities | FR103193005 | 426.8 | 318.8 | 349.4 | 113.7 | 224.2 | 53.6 | 165.5 | -14.8 | 145.1 | 32 |
| Nonfinancial corporate business; other volume changes (4) | FV108090005 | 38.7 | -43.0 | -69.0 | -22.8 | -3.1 | -17.5 | -15.6 | -17.2 | -18.7 | 33 |
| Nonfinancial corporate business; net worth (5) | FL102090005 | 24265.4 | 25878.4 | 29443.0 | 24979.7 | 25878.4 | 26237.3 | 27150.1 | 28273.6 | 29443.0 | 34 |
NOTES
- Sum of net investment (line 2), net holding gains (line 17), and other volume changes (line 33).
- Valued at current cost.
- Before inventory valuation adjustment.
- Consists of statistical discontinuities and disaster-related losses to fixed assets.
- Table B.103, line 36.
Last Update: March 10, 2022