Financial Accounts of the United States - Z.1
L.234 Identified miscellaneous financial claims - part II
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gold certificates: | |||||||||||
| Line 1 | Federal government (liabilities) | FL713011203 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 2 | Asset: Monetary authority | FL713011203 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Special Drawing Rights (SDR) certificates: | |||||||||||
| Line 3 | Federal government (liabilities) | FL713014003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 4 | Asset: Monetary authority | FL713014003 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Funding agreements backing securities: | |||||||||||
| Line 5 | Life insurance companies (liabilities)1 | FL673090543 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 6 | ABS issuers (assets) | FL673090543 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Deferred and unpaid life insurance premiums: | |||||||||||
| Line 7 | Household sector (liabilities) | FL543077073 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 8 | Life insurance companies (assets) | FL543077073 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Other reserves at life insurance companies: | |||||||||||
| Line 9 | Life insurance companies (liabilities) | FL543195005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 10 | Rest of the world (liabilities) | FL263195105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 11 | Household sector (assets) | FL153095105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 12 | Life insurance companies (assets) | FL543095105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Policy payables: | |||||||||||
| Line 13 | Property-casualty insurance companies (liabilities) | FL513176005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 14 | Rest of the world (liabilities) | FL263176005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 15 | Household sector (assets) | FL153076005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 16 | Nonfinancial corporate business (assets) | FL103076005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 17 | Nonfinancial noncorporate business (assets) | FL113076005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 18 | Property-casualty insurance companies (assets) | FL513076005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 19 | Rest of the world (assets) | FL263076005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Unallocated insurance company contracts: | |||||||||||
| Line 20 | Life insurance companies (liabilities) | FL593095005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 21 | Private pension funds (assets) | FL573095005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 22 | State and local government pension funds (assets) | FL223095505 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Pension fund contributions payable: | |||||||||||
| Line 23 | Nonfinancial corporate business (liabilities) | FL573074005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 24 | Private pension funds (assets) | FL573074005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Retiree health care funds: | |||||||||||
| Line 25 | Federal government (liabilities)2 | FL313195105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 26 | Household sector (assets) | FL313195105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Claims of pension fund on sponsor: | |||||||||||
| Line 27 | Nonfinancial corporate business (liabilities) | FL573073005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 28 | Federal government (liabilities) | FL343073045 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 29 | State and local governments (liabilities) | FL223073045 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 30 | Private pension funds (assets) | FL573073005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 31 | Federal government pension funds (assets) | FL343073045 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 32 | State and local govt. pension funds (assets) | FL223073045 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Notes:
- Equal to funding agreement-backed securities (FABS) issued by domestic issuers of asset-backed securities. Funding agreement-backed securities issued by foreign entities are included in foreign direct investment in the U.S. See table L.133 in addition to L.223 and L.225.a.
- Includes Uniform Services Retiree Health Care Fund and Postal Service Retiree Health Benefits Fund.
Last Update: March 9, 2026