Financial Accounts of the United States - Z.1
F89.2.t Direct investment intercompany debt 🕮 PDF
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| U.S. direct investment abroad: Intercompany Debt | |||||||||||
| Line 1 | U.S. parents' claims | FA263192313 | 98.5 | -0.0 | 3.2 | -36.2 | 24.7 | -158.7 | 42.4 | 104.3 | 84.4 |
| Line 2 | Less: U.S. parents' liabilities | FA263092313 | 56.7 | 13.5 | 90.7 | -269.6 | 168.7 | 82.7 | 133.6 | -22.0 | 13.6 |
| Line 3 | Equals: Rest of the world liabilities(1) | FA263192305 | 41.8 | -13.6 | -87.6 | 233.4 | -144.0 | -241.4 | -91.2 | 126.4 | 70.8 |
| Line 4 | Nonfinancial corporate business (assets) | FA103092305 | 35.7 | -11.9 | -82.4 | 197.7 | -161.6 | -197.9 | -76.8 | 106.8 | 70.6 |
| Line 5 | U.S.-chartered depository institutions (assets) | FA763092305 | 1.8 | -0.3 | -1.3 | 7.0 | 4.9 | -10.5 | -2.2 | 2.6 | 0.9 |
| Line 6 | Property-casualty insurance companies (assets) | FA513092305 | 0.7 | -0.4 | -0.7 | 5.4 | 3.9 | -7.4 | -3.0 | 3.8 | -2.3 |
| Line 7 | Life insurance companies (assets) | FA543092375 | 0.1 | -0.0 | -0.1 | 0.8 | 0.4 | -0.9 | -0.3 | 0.4 | 0.4 |
| Line 8 | Finance companies (assets) | FA613092305 | 1.8 | -0.4 | -1.5 | 10.9 | 4.0 | -11.6 | -4.4 | 5.9 | -1.3 |
| Line 9 | Brokers and dealers (assets) | FA663092305 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 10 | Holding companies (assets) | FA733092305 | 1.8 | -0.6 | -1.5 | 11.6 | 4.5 | -12.9 | -4.6 | 6.9 | 2.6 |
| Foreign direct investment in U.S.: Intercompany debt | |||||||||||
| Line 11 | U.S. affiliates' liabilities | FA263092323 | -21.1 | -7.1 | 9.8 | -54.4 | -5.0 | 28.7 | 11.5 | 4.0 | 36.3 |
| Line 12 | Less: U.S. affiliates' claims | FA263192323 | 7.8 | -8.8 | 21.4 | -19.8 | 10.8 | 25.6 | 41.5 | 7.6 | 24.4 |
| Line 13 | Equals: Rest of the world assets(1) | FA263092305 | -28.9 | 1.7 | -11.6 | -34.6 | -15.7 | 3.1 | -30.0 | -3.6 | 11.9 |
| Line 14 | Nonfinancial corporate business (liabilities) | FA103192305 | -27.5 | 23.7 | -25.1 | -35.0 | -8.5 | -16.2 | -50.1 | -25.5 | -10.1 |
| Line 15 | Nonfinancial noncorporate business (liabilities) | FA115114305 | -0.6 | -0.3 | 0.9 | -0.5 | 1.0 | 0.9 | 0.6 | 0.9 | 0.3 |
| Line 16 | Foreign banking offices in U.S. (liabilities) | FA753192305 | -1.3 | 0.1 | 0.2 | -1.6 | -1.0 | 1.4 | -0.6 | 1.2 | 2.4 |
| Line 17 | Property-casualty insurance companies (liabilities) | FA513192305 | -0.1 | -0.3 | -0.0 | -1.1 | -0.3 | 0.8 | -0.9 | 0.3 | 0.7 |
| Line 18 | Life insurance companies (liabilities) | FA543192375 | -1.2 | -0.0 | -0.4 | 0.9 | -0.6 | -0.3 | -0.8 | -0.1 | -0.7 |
| Line 19 | Finance companies (liabilities) | FA613192305 | -0.4 | -0.5 | -0.5 | -2.1 | -0.5 | -0.3 | -0.9 | -0.2 | 0.1 |
| Line 20 | Brokers and dealers (liabilities) | FA663192305 | 0.7 | 1.2 | 0.1 | -0.2 | -1.5 | 1.0 | 0.3 | 0.7 | -0.3 |
| Line 21 | Holding companies (liabilities) | FA733192305 | 1.7 | -22.2 | 13.2 | 5.1 | -4.3 | 15.7 | 22.4 | 18.9 | 19.4 |
| Line 22 | Other financial business (liabilities) | FA503192305 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Memo: | |||||||||||
| Line 23 | Total U.S. direct investment abroad(1), (2) | FA263192005 | 286.6 | 317.4 | 310.1 | 671.4 | 228.5 | -67.1 | 258.6 | 820.5 | 407.2 |
| Line 24 | Total Foreign direct investment in U.S.(1), (2) | FA263092001 | 297.4 | 292.3 | 288.4 | 319.5 | 174.2 | 348.4 | 341.2 | 289.9 | 273.2 |
Notes:
- Direct investment is presented on a directional basis and reported at market value.
- Memo totals are the sum of direct investment equity (tables F519.1.t and F519.1.s) and intercompany debt (tables F89.2.t and F89.2.s).
Last Update: June 11, 2026