Financial Accounts of the United States - Z.1
F89.2.s Direct investment intercompany debt 🕮 PDF
| Line | Description | Series | 2023 | 2024 | 2025 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 | 2026:Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| U.S. direct investment abroad: Intercompany Debt | |||||||||||
| Line 1 | U.S. parents' claims | LM263192313 | 833.2 | 813.8 | 839.2 | 843.5 | 808.4 | 804.4 | 839.2 | 783.6 | 763.3 |
| Line 2 | Less: U.S. parents' liabilities | LM263092313 | 893.5 | 882.4 | 905.0 | 885.5 | 906.1 | 910.3 | 905.0 | 854.0 | 826.8 |
| Line 3 | Equals: Rest of the world liabilities(1) | LM263192305 | -60.3 | -68.6 | -65.8 | -42.0 | -97.7 | -105.9 | -65.8 | -70.3 | -63.5 |
| Line 4 | Nonfinancial corporate business (assets) | LM103092305 | -49.8 | -56.6 | -53.9 | -34.6 | -80.1 | -86.8 | -53.9 | -57.6 | -53.2 |
| Line 5 | U.S.-chartered depository institutions (assets) | LM763092305 | -2.4 | -2.7 | -2.7 | -1.7 | -4.0 | -4.3 | -2.7 | -2.9 | -2.5 |
| Line 6 | Property-casualty insurance companies (assets) | LM513092305 | -2.2 | -2.4 | -2.4 | -1.5 | -3.5 | -3.9 | -2.4 | -2.6 | -2.5 |
| Line 7 | Life insurance companies (assets) | LM543092375 | -0.3 | -0.3 | -0.2 | -0.2 | -0.3 | -0.3 | -0.2 | -0.2 | -0.2 |
| Line 8 | Finance companies (assets) | LM613092305 | -2.8 | -3.2 | -3.2 | -2.0 | -4.7 | -5.0 | -3.2 | -3.4 | -2.6 |
| Line 9 | Brokers and dealers (assets) | LM663092305 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 10 | Holding companies (assets) | LM733092305 | -2.8 | -3.4 | -3.4 | -2.1 | -5.2 | -5.5 | -3.4 | -3.7 | -2.5 |
| Foreign direct investment in U.S.: Intercompany debt | |||||||||||
| Line 11 | U.S. affiliates' liabilities | LM263092323 | 953.6 | 940.7 | 929.7 | 942.7 | 921.7 | 928.3 | 929.7 | 956.2 | 961.2 |
| Line 12 | Less: U.S. affiliates' claims | LM263192323 | 505.5 | 495.2 | 520.7 | 504.8 | 498.5 | 515.8 | 520.7 | 535.5 | 536.2 |
| Line 13 | Equals: Rest of the world assets(1) | LM263092305 | 448.2 | 445.5 | 409.0 | 437.9 | 423.1 | 412.5 | 409.0 | 420.6 | 425.0 |
| Line 14 | Nonfinancial corporate business (liabilities) | LM103192305 | 325.8 | 340.5 | 295.8 | 333.2 | 317.7 | 304.8 | 295.8 | 309.7 | 313.7 |
| Line 15 | Nonfinancial noncorporate business (liabilities) | LM115114305 | 5.0 | 4.6 | 4.0 | 4.5 | 4.3 | 4.1 | 4.0 | 4.1 | 4.2 |
| Line 16 | Foreign banking offices in U.S. (liabilities) | LM753192305 | 14.8 | 15.1 | 14.2 | 14.7 | 14.5 | 14.2 | 14.2 | 14.6 | 14.9 |
| Line 17 | Property-casualty insurance companies (liabilities) | LM513192305 | 8.7 | 9.5 | 9.0 | 9.4 | 9.3 | 9.1 | 9.0 | 9.7 | 9.9 |
| Line 18 | Life insurance companies (liabilities) | LM543192375 | 4.0 | 3.1 | 2.8 | 3.1 | 2.9 | 2.8 | 2.8 | 2.9 | 2.8 |
| Line 19 | Finance companies (liabilities) | LM613192305 | 6.1 | 5.9 | 5.6 | 5.9 | 5.8 | 5.6 | 5.6 | 5.8 | 5.9 |
| Line 20 | Brokers and dealers (liabilities) | LM663192305 | 13.1 | 14.8 | 14.3 | 14.6 | 14.1 | 14.1 | 14.3 | 19.3 | 19.4 |
| Line 21 | Holding companies (liabilities) | LM733192305 | 70.7 | 51.9 | 63.2 | 52.6 | 54.6 | 57.9 | 63.2 | 54.6 | 54.2 |
| Line 22 | Other financial business (liabilities) | LM503192305 | 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) | LM263192005 | 9119.8 | 9662.6 | 12392.4 | 10088.0 | 11093.6 | 11769.0 | 12392.4 | 12301.4 | 13472.0 |
| Line 24 | Total Foreign direct investment in U.S.(1), (2) | LM263092001 | 10071.6 | 11682.4 | 13050.7 | 11730.6 | 12316.1 | 12818.6 | 13050.7 | 13101.9 | 13837.0 |
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: September 11, 2026