Financial Accounts of the United States - Z.1
B.104 Nonfinancial noncorporate business
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q3 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Assets | FL112000005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 2 | Nonfinancial assets | LM112010005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 3 | Real estate1 | LM115035005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 4 | Residential | LM115035023 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 5 | Nonresidential | LM115035035 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 6 | Equipment2 | LM115015205 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 7 | Residential3 | LM115012265 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 8 | Nonresidential | LM115013265 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 9 | Intellectual property products (2) | LM115013765 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 10 | Inventories2 | LM115020005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 11 | Financial assets | FL114090005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 12 | Checkable deposits and currency | FL113020005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 13 | Time and savings deposits | FL113030003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 14 | Money market fund shares | FL113034003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 15 | Debt securities | LM114022005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 16 | Treasury securities | LM113061003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 17 | Municipal securities | LM113062003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 18 | Loans | FL114023005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 19 | Mortgages | FL113065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 20 | Consumer credit | FL113066003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 21 | Equity investment in GSEs4 | FL113092405 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 22 | Trade receivables | FL113070003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 23 | Miscellaneous assets | FL113090005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 24 | Insurance receivables | FL113076005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 25 | PPP subsidies receivable | FL113072003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 26 | Other | FL113093005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 27 | Total liabilities and equity | FL114194005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 28 | Liabilities | FL114190005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 29 | Loans | FL114123005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 30 | Depository institution loans n.e.c. | FL113168005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 31 | Other loans and advances | FL113169005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 32 | Mortgages | FL113165005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 33 | Foreign direct investment: intercompany debt | LM115114305 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 34 | Trade payables | FL113170005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 35 | Taxes payable | FL113178003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 36 | Miscellaneous liabilities | FL113193003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 37 | Total equity | FL113181115 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 38 | Foreign direct investment: equity | LM115114103 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 39 | Equity in noncorporate business5 | LM112090205 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Memo: | |||||||||||
| Line 40 | Net worth (assets minus liabilities) | FL112090005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Replacement-cost value of structures: | |||||||||||
| Line 41 | Residential | FL115012665 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 42 | Nonresidential | FL115013665 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 43 | Debt/net worth (percent) (line 29/line 40) | FL114104006 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Notes:
- At market value.
- At replacement (current) cost.
- Durable goods in rental properties.
- Equity in the Farm Credit System.
- Included in table B.101, line 24.
Last Update: March 9, 2026