Financial Accounts of the United States - Z.1
S127.1.t Holding companies 🕮 PDF
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Gross saving | FA736000105 | 177.8 | 174.0 | 164.9 | 175.4 | 168.1 | 154.5 | 162.7 | 174.3 | 178.0 |
| Line 2 | Fixed nonresidential investment | FA735013005 | 42.8 | 45.7 | 49.2 | 46.4 | 47.6 | 48.6 | 49.7 | 50.6 | 51.9 |
| Line 3 | Net acquisition of financial assets | FA734090005 | 226.5 | 167.0 | 206.8 | -37.3 | 449.0 | 245.9 | 77.1 | 55.2 | 420.4 |
| Line 4 | Time and savings deposits | FA733030005 | 17.3 | 30.7 | 21.4 | 10.1 | -53.8 | 161.9 | -125.5 | 103.2 | -8.7 |
| Line 5 | Other deposits (foreign deposits) | FA733091003 | 3.4 | -9.5 | 0.9 | -1.4 | 1.2 | 1.6 | -0.8 | 1.6 | 1.8 |
| Line 6 | Debt securities | FA734022605 | -4.9 | -3.6 | -14.5 | 19.1 | 10.3 | -30.6 | -16.7 | -20.8 | 27.8 |
| Line 7 | Treasury securities | FA733061103 | -4.6 | -0.5 | -13.2 | 7.6 | 19.0 | -26.5 | -22.3 | -22.9 | -1.2 |
| Line 8 | Agency- and GSE-backed securities | FA733061703 | -1.6 | 3.0 | 0.4 | 10.5 | 0.0 | 2.5 | 0.6 | -1.6 | -0.8 |
| Line 9 | Corporate and foreign bonds | FA733063003 | 1.4 | -6.0 | -1.7 | 0.9 | -8.7 | -6.6 | 5.0 | 3.7 | 29.7 |
| Line 10 | Loans | FA734041005 | -1.7 | 5.7 | 4.4 | 30.3 | 5.3 | -12.7 | 16.5 | 8.3 | -9.5 |
| Line 11 | Security repurchase agreements | FA732051003 | -2.2 | -1.5 | 3.2 | 2.0 | 7.8 | -17.6 | 14.1 | 8.4 | -6.0 |
| Line 12 | Other loans and advances | FA733069005 | 0.5 | 7.2 | 1.2 | 28.3 | -2.5 | 4.9 | 2.3 | -0.1 | -3.5 |
| Line 13 | U.S. direct investment abroad: equity | FA733092103 | 23.5 | 30.2 | 22.0 | 8.5 | 14.3 | 75.2 | 7.7 | -9.2 | -4.8 |
| Line 14 | Equity investment in affiliates | FA733094635 | 50.8 | 85.2 | 51.5 | 65.8 | 196.8 | -24.8 | 63.5 | -29.5 | 106.4 |
| Line 15 | Life insurance reserves | FA733040005 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 |
| Line 16 | U.S. direct investment abroad: intercompany debt | FA733092305 | 1.8 | -0.6 | -1.5 | 11.6 | 4.5 | -12.9 | -4.6 | 6.9 | 2.6 |
| Line 17 | Miscellaneous assets | FA733090005 | 132.3 | 24.8 | 118.6 | -185.2 | 266.4 | 84.3 | 133.1 | -9.3 | 300.8 |
| Line 18 | Other investment in affiliates | FA733094735 | 137.6 | 21.3 | 106.3 | -173.1 | 247.7 | 47.1 | 123.1 | 7.2 | 252.8 |
| Line 19 | Other | FA733093005 | -5.4 | 3.5 | 12.3 | -12.0 | 18.6 | 37.1 | 9.9 | -16.5 | 48.1 |
| Line 20 | Net increase in liabilities and equity | FA734194005 | -3.7 | -44.1 | -38.6 | -261.4 | 182.5 | 9.2 | -195.1 | -151.2 | 144.3 |
| Line 21 | Net increase in liabilities | FA734190005 | 111.8 | 64.6 | 154.4 | -145.7 | 305.8 | 208.8 | 33.3 | 69.8 | 402.2 |
| Line 22 | Debt securities | FA734122005 | 19.6 | -14.2 | 85.7 | -192.8 | 259.5 | 117.0 | -67.5 | 33.7 | 212.1 |
| Line 23 | Commercial paper | FA733169103 | 3.1 | -5.6 | -0.5 | 3.4 | 6.7 | 4.5 | -14.3 | 1.1 | 22.7 |
| Line 24 | Corporate bonds | FA733163005 | 16.5 | -8.6 | 86.2 | -196.2 | 252.9 | 112.5 | -53.2 | 32.7 | 189.4 |
| Line 25 | Loans (security repurchase agreements) | FA732151003 | -0.0 | -0.0 | 0.0 | -0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 26 | Taxes payable | FA733178013 | -0.6 | -0.8 | -1.0 | 0.0 | 0.0 | -4.1 | 0.0 | 0.0 | 0.0 |
| Line 27 | Foreign direct investment: intercompany debt(2) | FA733192305 | 1.7 | -22.2 | 13.2 | 5.1 | -4.3 | 15.7 | 22.4 | 18.9 | 19.4 |
| Line 28 | Miscellaneous liabilities | FA733190005 | 91.1 | 101.8 | 56.6 | 42.0 | 50.5 | 80.2 | 78.4 | 17.1 | 170.7 |
| Line 29 | Balances due to affiliates | FA733194735 | 81.2 | 73.7 | 61.1 | 35.6 | 63.0 | 71.2 | 77.1 | 32.9 | 205.2 |
| Line 30 | Other | FA733193005 | 9.9 | 28.1 | -4.5 | 6.4 | -12.5 | 9.0 | 1.3 | -15.8 | -34.5 |
| Line 31 | Net equity issuance | FA733181105 | -115.5 | -108.7 | -193.1 | -115.7 | -123.3 | -199.6 | -228.4 | -221.0 | -257.9 |
| Line 32 | Corporate equity issues | FA733164105 | -72.7 | -92.6 | -158.8 | -88.4 | -167.6 | -140.5 | -154.0 | -173.4 | -183.6 |
| Line 33 | Foreign direct investment: equity(2) | FA733192103 | -42.8 | -16.1 | -34.2 | -27.3 | 44.3 | -59.1 | -74.4 | -47.6 | -74.3 |
| Line 34 | Discrepancy | FA737005005 | -95.2 | -82.9 | -129.7 | -95.2 | -146.0 | -130.8 | -159.2 | -82.7 | -150.0 |
Notes:
- Parent-only bank holding companies, savings and loan holding companies and security holding companies that file Federal Reserve Board form FR Y-9LP, FR Y-9SP, or FR 2320.
- Investment in U.S. Intermediate Holding Companies.
Last Update: June 11, 2026