B.103 Balance Sheet of Nonfinancial Corporate Business
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2017 2018 2019 2020 2020 Q1 2020 Q2 2020 Q3 2020 Q4 2021 Q1 Line
Nonfinancial corporate business; total assets FL102000005 40449.2 42374.3 47343.8 50040.4 47647.8 48313.6 48901.3 50040.4 50856.3 1
Nonfinancial corporate business; nonfinancial assets LM102010005 22448.5 23246.2 24854.1 25691.9 24982.3 25024.3 25030.3 25691.9 25973.6 2
Nonfinancial corporate business; real estate at market value LM105035005 12704.8 12963.4 14173.9 14777.9 14276.8 14350.6 14247.7 14777.9 14858.5 3
Nonfinancial corporate business; equipment, current cost basis LM105015205 4866.3 5108.3 5288.7 5365.3 5325.7 5330.7 5351.6 5365.3 5425.6 4
Nonfinancial corporate business; nonresidential intellectual property products, current cost basis LM105013765 2440.2 2604.2 2771.0 2962.0 2816.0 2868.9 2905.1 2962.0 3002.1 5
Nonfinancial corporate business; inventories excluding IVA, current cost basis LM105020015 2437.2 2570.3 2620.4 2586.7 2563.8 2474.1 2526.0 2586.7 2687.3 6
Nonfinancial corporate business; total financial assets FL104090005 18000.6 19128.1 22489.7 24348.5 22665.5 23289.3 23871.0 24348.5 24882.8 7
Nonfinancial corporate business; private foreign deposits; asset FL103091003 216.6 106.3 131.0 140.4 111.3 144.3 158.5 140.4 139.0 8
Nonfinancial corporate business; checkable deposits and currency; asset FL103020000 951.7 1189.7 1339.9 2012.6 1559.9 2017.3 2102.2 2012.6 1909.9 9
Nonfinancial corporate business; total time and savings deposits; asset FL103030003 181.3 187.2 201.5 288.3 298.9 316.9 314.8 288.3 277.1 10
Nonfinancial corporate business; money market fund shares; asset FL103034000 499.5 466.1 558.3 677.9 919.6 868.9 686.8 677.9 628.5 11
Nonfinancial corporate business; security repurchase agreements; asset FL102051003 39.6 14.6 13.4 35.8 27.4 32.4 30.3 35.8 23.7 12
Nonfinancial corporate business; debt securities; asset LM104022005 236.0 253.2 326.6 386.5 374.5 395.3 391.9 386.5 346.5 13
Nonfinancial corporate business; commercial paper; asset FL103069100 123.7 162.1 217.6 261.1 227.8 220.4 238.9 261.1 236.1 14
Nonfinancial corporate business; Treasury securities; asset LM103061103 71.3 54.4 63.6 75.2 92.2 112.9 96.2 75.2 64.0 15
Nonfinancial corporate business; agency- and GSE-backed securities; asset LM103061703 23.8 18.1 21.2 25.1 30.7 37.6 32.1 25.1 21.3 16
Nonfinancial corporate business; municipal securities; asset LM103062003 17.2 18.5 24.2 25.1 23.8 24.4 24.7 25.1 25.0 17
Nonfinancial corporate business; loans; asset FL104023005 68.5 70.7 72.2 74.6 71.7 72.4 73.2 74.6 74.1 18
Nonfinancial corporate business; total mortgages; asset FL103065003 32.2 34.2 36.4 38.8 37.0 37.6 38.2 38.8 39.4 19
Nonfinancial corporate business; consumer credit; asset FL103066005 36.2 36.5 35.8 35.8 34.7 34.8 35.1 35.8 34.7 20
Nonfinancial corporate business; corporate equities; asset LM103064103 1949.3 1789.9 2317.7 2531.0 1826.0 2156.6 2302.7 2531.0 2642.2 21
Nonfinancial corporate business; mutual fund shares; asset LM103064203 301.0 269.9 326.4 376.4 276.9 321.6 342.8 376.4 390.7 22
Nonfinancial corporate business; trade receivables; asset FL103070005 3116.4 3512.7 4053.2 4105.2 3957.3 3758.6 3960.4 4105.2 4296.2 23
Nonfinancial corporate business; U.S. direct investment abroad (market value); asset (1) LM103092005 6722.7 5438.6 6514.5 6857.5 4979.3 5809.9 6121.4 6857.5 7180.0 24
Nonfinancial corporate business; total miscellaneous assets FL103090005 3718.2 5829.3 6634.9 6862.3 8262.6 7395.2 7385.9 6862.3 6974.8 25
Nonfinancial corporate business; total liabilities FL104190005 19142.9 20371.9 22974.3 24313.3 23586.9 23891.8 24023.5 24313.3 24675.6 26
Nonfinancial corporate business; debt securities; liability FL104122005 6169.9 6303.8 6573.5 7257.4 6814.5 7176.3 7219.6 7257.4 7387.4 27
Nonfinancial corporate business; commercial paper; liability FL103169100 206.7 196.5 194.5 132.2 243.1 166.1 122.2 132.2 144.0 28
Nonfinancial corporate business; municipal securities; liability (2) FL103162000 567.8 563.5 577.6 582.8 580.2 581.3 582.2 582.8 582.1 29
Nonfinancial corporate business; corporate bonds; liability (1) FL103163003 5395.4 5543.8 5801.4 6542.4 5991.2 6428.9 6515.1 6542.4 6661.3 30
Nonfinancial corporate business; loans; liability FL104123005 2800.7 3326.2 3532.7 3862.1 3961.3 3999.5 3845.2 3862.1 3848.8 31
Nonfinancial corporate business; depository institution loans n.e.c.; liability FL103168005 899.6 1003.0 1033.8 1132.2 1368.0 1361.7 1164.3 1132.2 1056.2 32
Nonfinancial corporate business; other loans and advances; liability FL103169005 1364.8 1709.7 1837.7 2025.9 1924.2 1957.6 1992.0 2025.9 2076.5 33
Nonfinancial corporate business; total mortgages; liability FL103165005 536.4 613.5 661.2 704.0 669.1 680.2 688.9 704.0 716.2 34
Nonfinancial corporate business; trade payables; liability FL103170005 2369.7 2690.4 2920.5 3061.9 2821.1 2705.6 2913.6 3061.9 3120.6 35
Nonfinancial corporate business; total taxes payable; liability FL103178005 277.2 266.7 259.9 273.1 285.3 314.1 268.4 273.1 275.2 36
Nonfinancial corporate business; foreign direct investment in U.S.: intercompany debt; liability (market value) LM103192305 459.8 414.5 464.2 355.5 448.1 394.8 389.3 355.5 350.6 37
Nonfinancial corporate business; total miscellaneous liabilities FL103190005 7065.5 7370.4 9223.6 9503.3 9256.6 9301.6 9387.4 9503.3 9693.0 38
Nonfinancial corporate business; net worth FL102090005 21306.2 22002.4 24369.4 25727.1 24060.9 24421.8 24877.8 25727.1 26180.7 39
Nonfinancial corporate business; corporate equities; liability LM103164103 28747.5 26543.6 33680.3 42213.4 27002.7 33391.1 36934.5 42213.4 45115.2 40
Nonfinancial corporate business; public corporate equities; liability (equal to total before 1996q4) LM103164113 23548.0 21728.9 27633.7 35187.6 22367.7 27794.1 30773.8 35187.6 37111.0 41
Nonfinancial corporate business; closely held corporate equities; liability LM103164123 5199.5 4814.7 6046.6 7025.9 4635.0 5596.9 6160.7 7025.9 8004.1 42
Nonfinancial corporate business; foreign direct investment in U.S.; liability (market value) LM103192105 6080.1 5801.4 7681.0 8758.6 6142.8 7349.3 7993.7 8758.6 9394.4 43
Nonfinancial corporate business; corporate equities as a percentage of net worth (3) FL103164106 104.97 95.47 105.09 122.41 137.76 166.82 180.60 198.13 208.21 44
Nonfinancial corporate business; debt as a percentage of the market value of corporate equities (3) FL104104016 31.21 36.28 30.01 26.34 32.51 27.43 24.63 21.82 20.61 45
Nonfinancial corporate business; debt as a percentage of net worth (market value) (3) FL104104006 32.76 34.64 31.53 32.24 44.79 45.76 44.48 43.22 42.92 46
Nonfinancial corporate business; total assets at historical cost FL102000115 33044.6 34893.2 39064.0 41357.1 39366.3 40070.2 40723.1 41357.1 42144.0 47
Nonfinancial corporate business; nonfinancial assets at historical cost FL102010115 15044.0 15765.1 16574.3 17008.6 16700.8 16780.9 16852.1 17008.6 17261.2 48
Nonfinancial corporate business; real estate, historical cost basis FL105035045 5979.1 6247.3 6574.6 6772.7 6635.1 6687.9 6722.8 6772.7 6812.2 49
Nonfinancial corporate business; nonresidential equipment, historical cost basis FL105013213 4699.9 4894.1 5079.1 5194.4 5110.6 5119.5 5152.3 5194.4 5242.1 50
Nonfinancial corporate business; nonresidential intellectual property products, historical cost basis FL105013715 2275.2 2415.2 2571.0 2718.5 2609.3 2642.0 2677.9 2718.5 2763.7 51
Nonfinancial corporate business; inventories, historical cost basis (SOI) FL105020000 2089.8 2208.4 2349.6 2323.0 2345.8 2331.5 2299.1 2323.0 2443.2 52
Nonfinancial corporate business; net worth at historical cost FL102090115 13901.7 14521.3 16089.6 17043.8 15779.4 16178.4 16699.6 17043.8 17468.3 53
Nonfinancial corporate business; residential structures, historical cost basis FL105012613 104.5 110.0 115.6 122.0 117.1 118.4 120.1 122.0 124.0 54
Nonfinancial corporate business; nonresidential structures, historical cost basis FL105013613 5286.9 5519.0 5759.8 5949.2 5818.5 5865.9 5908.6 5949.2 5988.9 55

NOTES

  1. Through 1992, corporate bonds include net issues by Netherlands Antillean financial subsidiaries, and U.S. direct investment abroad excludes net inflows from those bond issues.
  2. Industrial revenue bonds. Issued by state and local governments to finance private investment and secured in interest and principal by the industrial user of the funds.
  3. Debt is calculated as the sum of debt securities (line 27) and loans (line 31). The ratios on line 44 and 45 use the sum of corporate equities (line 40) and foreign direct investment: equity (line 43).
Last Update: June 10, 2021