Financial Accounts of the United States - Z.1
L.103 Nonfinancial Corporate Business
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2014 | 2015 | 2016 | 2017 | 2017 Q1 | 2017 Q2 | 2017 Q3 | 2017 Q4 | 2018 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial corporate business; total financial assets | FL104090005 | 17269.9 | 18748.3 | 20325.1 | 21614.1 | 20554.1 | 20902.2 | 21251.7 | 21614.1 | 21832.1 | 1 |
| Nonfinancial corporate business; private foreign deposits; asset | FL103091003 | 107.2 | 87.1 | 90.7 | 197 | 84.6 | 103.2 | 194.8 | 197 | 199.8 | 2 |
| Nonfinancial corporate business; checkable deposits and currency; asset | FL103020005 | 770.8 | 838.1 | 998.6 | 1142.7 | 1042.9 | 1114.7 | 1118.5 | 1142.7 | 1193.1 | 3 |
| Nonfinancial corporate business; total time and savings deposits; asset | FL103030003 | 152 | 144.3 | 163.5 | 167.8 | 162.3 | 165.6 | 166.1 | 167.8 | 168.2 | 4 |
| Nonfinancial corporate business; money market fund shares; asset | FL103034003 | 558.2 | 576.8 | 463.9 | 457.5 | 439.6 | 431.7 | 446 | 457.5 | 466.9 | 5 |
| Nonfinancial corporate business; security repurchase agreements; asset | FL102051003 | 65.9 | 79.9 | 109.5 | 83.9 | 99.5 | 89.4 | 76 | 83.9 | 78.6 | 6 |
| Nonfinancial corporate business; debt securities; asset | FL104022005 | 248.7 | 244.7 | 235.5 | 269.4 | 245.2 | 259.6 | 259.5 | 269.4 | 278.7 | 7 |
| Nonfinancial corporate business; commercial paper; asset | FL103069100 | 171.9 | 172.5 | 160.7 | 185.2 | 166.1 | 178.5 | 176.4 | 185.2 | 195.5 | 8 |
| Nonfinancial corporate business; Treasury securities; asset | FL103061103 | 41.7 | 37.4 | 41.3 | 41 | 40 | 40.7 | 40.3 | 41 | 41.2 | 9 |
| Nonfinancial corporate business; agency- and GSE-backed securities; asset | FL103061703 | 13.9 | 12.5 | 13.8 | 13.7 | 13.3 | 13.6 | 13.4 | 13.7 | 13.7 | 10 |
| Nonfinancial corporate business; municipal securities; asset | FL103062003 | 21.2 | 22.3 | 19.7 | 29.5 | 25.7 | 26.8 | 29.3 | 29.5 | 28.3 | 11 |
| Nonfinancial corporate business; loans; asset | FL104023005 | 70 | 72.4 | 73 | 70.3 | 71.4 | 71.2 | 71 | 70.3 | 68.7 | 12 |
| Nonfinancial corporate business; total mortgages; asset | FL103065003 | 29 | 31.4 | 30.3 | 28.4 | 29.8 | 29.3 | 28.9 | 28.4 | 28 | 13 |
| Nonfinancial corporate business; consumer credit; asset | FL103066005 | 40.9 | 41.1 | 42.8 | 41.8 | 41.6 | 41.9 | 42.1 | 41.8 | 40.7 | 14 |
| Nonfinancial corporate business; mutual fund shares; asset | LM103064203 | 234.6 | 235.7 | 236.9 | 276.5 | 249.1 | 257 | 267 | 276.5 | 276.1 | 15 |
| Nonfinancial corporate business; trade receivables; asset | FL103070005 | 2662.3 | 2694.4 | 2913.2 | 3134 | 2992.6 | 3081.5 | 3141.8 | 3134 | 3246.7 | 16 |
| Nonfinancial corporate business; U.S. direct investment abroad; asset (1) | LM103092005 | 4720.8 | 4930.7 | 5208.5 | 5562.7 | 5330.1 | 5410.8 | 5516.7 | 5562.7 | 5456.6 | 17 |
| Nonfinancial corporate business; total miscellaneous assets | FL103090005 | 7679.3 | 8844 | 9831.8 | 10252.3 | 9836.9 | 9917.4 | 9994.3 | 10252.3 | 10398.5 | 18 |
| Nonfinancial corporate business; insurance receivables due from property-casualty insurance companies; asset | FL103076005 | 343.3 | 345.6 | 352.2 | 366.1 | 349.6 | 355.2 | 373.1 | 366.1 | 368.4 | 19 |
| Nonfinancial corporate business; equity in Fannie Mae and Farm Credit System; asset | FL103092405 | 0.7 | 0.8 | 0.9 | 1.2 | 1.1 | 1 | 1.2 | 1.2 | 1.4 | 20 |
| Nonfinancial corporate business; equity investment in finance company subsidiaries; asset | FL103094105 | 108.8 | 111.3 | 98.2 | 110.8 | 98.2 | 102.3 | 99.9 | 110.8 | 112.7 | 21 |
| Nonfinancial corporate business; unidentified miscellaneous assets | FL103093005 | 7226.5 | 8386.3 | 9380.5 | 9774.2 | 9388.1 | 9458.9 | 9520.2 | 9774.2 | 9916.1 | 22 |
| Nonfinancial corporate business; total liabilities | FL104190005 | 16572.1 | 17889.5 | 19128.3 | 20179.2 | 19280.4 | 19504.2 | 19722.1 | 20179.2 | 20404.6 | 23 |
| Nonfinancial corporate business; debt securities; liability | FL104122005 | 5123.7 | 5533.5 | 5828.7 | 6131.8 | 5953.3 | 6015.5 | 6105.4 | 6131.8 | 6213.1 | 24 |
| Nonfinancial corporate business; commercial paper; liability | FL103169100 | 182 | 179 | 180.8 | 206.7 | 195.5 | 194.7 | 206.1 | 206.7 | 222.3 | 25 |
| Nonfinancial corporate business; municipal securities; liability (2) | FL103162000 | 526 | 539.3 | 554.5 | 567.6 | 554.8 | 562.6 | 556.7 | 567.6 | 564.9 | 26 |
| Nonfinancial corporate business; corporate bonds; liability (1) | FL103163003 | 4415.7 | 4815.3 | 5093.4 | 5357.6 | 5203 | 5258.2 | 5342.6 | 5357.6 | 5425.9 | 27 |
| Nonfinancial corporate business; loans; liability | FL104123005 | 2376.7 | 2459.2 | 2561.7 | 2836.2 | 2659.2 | 2734.5 | 2777.6 | 2836.2 | 2851 | 28 |
| Nonfinancial corporate business; depository institution loans n.e.c.; liability | FL103168005 | 856 | 935.8 | 985.8 | 1020.3 | 991.6 | 1001.4 | 1004.5 | 1020.3 | 1028.6 | 29 |
| Nonfinancial corporate business; other loans and advances; liability (3) | FL103169005 | 1126.2 | 1090.3 | 1102.4 | 1293.9 | 1193.4 | 1246.8 | 1278.4 | 1293.9 | 1294.1 | 30 |
| Nonfinancial corporate business; total mortgages; liability | FL103165005 | 394.5 | 433.2 | 473.5 | 522 | 474.3 | 486.3 | 494.7 | 522 | 528.4 | 31 |
| Nonfinancial corporate business; trade payables; liability | FL103170005 | 2088.4 | 2110.8 | 2305.4 | 2515.8 | 2338.7 | 2390.3 | 2449.8 | 2515.8 | 2581.1 | 32 |
| Nonfinancial corporate business; total taxes payable; liability | FL103178005 | 43.5 | 42.2 | 33.5 | 246.4 | 43.2 | 41.5 | 39.7 | 246.4 | 250.5 | 33 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability | LM103192005 | 2933.6 | 3302.8 | 3668.3 | 3899 | 3679.9 | 3784.3 | 3841.7 | 3899 | 3948.5 | 34 |
| Nonfinancial corporate business; total miscellaneous liabilities | FL103190005 | 4006.2 | 4440.9 | 4730.7 | 4550 | 4606.1 | 4538.1 | 4507.9 | 4550 | 4560.5 | 35 |
| Private pension funds; pension fund contributions receivable; asset | FL573074005 | 76.1 | 90.8 | 96.3 | 102.8 | 98.5 | 98.9 | 100.4 | 102.8 | 103.8 | 36 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset | FL573073005 | 176.7 | 348.3 | 328.1 | 172 | 285.8 | 254.2 | 218.7 | 172 | 231.5 | 37 |
| Nonfinancial corporate business; unidentified miscellaneous liabilities | FL103193005 | 3753.4 | 4001.8 | 4306.2 | 4275.3 | 4221.8 | 4185 | 4188.8 | 4275.3 | 4225.2 | 38 |
| Nonfinancial corporate business; corporate equities; liability | LM103164103 | 22630 | 21521.1 | 23064.6 | 26873.4 | 24265.3 | 24683.5 | 25559.5 | 26873.4 | 26495 | 39 |
| Nonfinancial corporate business; liquid assets (broad measure) (4) | FL104001005 | 2137.4 | 2206.7 | 2298.5 | 2594.8 | 2323.1 | 2421.2 | 2527.9 | 2594.8 | 2661.5 | 40 |
| Nonfinancial corporate business; total short-term liabilities (5) | FL104150005 | 4296.1 | 4358.1 | 4607.9 | 5283.1 | 4762.4 | 4874.6 | 4978.5 | 5283.1 | 5376.5 | 41 |
| Nonfinancial corporate business; liquid assets as a percentage of short-term liabilties | FL104001006 | 49.8 | 50.6 | 49.9 | 49.1 | 48.8 | 49.7 | 50.8 | 49.1 | 49.5 | 42 |
| Nonfinancial corporate business; short-term debt as a percentage of total debt (6) | FL104140006 | 28.9 | 27.6 | 27 | 28.1 | 27.6 | 27.9 | 28 | 28.1 | 28.1 | 43 |
NOTES
- Through 1992:Q4, corporate bonds include net issues by Netherlands Antillean financial subsidiaries, and U.S. direct investment abroad excludes net inflows from those bond issues.
- 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.
- Loans from rest of the world, U.S. government, and nonbank financial institutions. Detail can be found on table L.216.
- Sum of lines 2 through 7 and line 15.
- Sum of lines 25, 29, 30, 32, and 33. Includes loans due in more than one year and excludes current maturities of bonds and mortgages.
- Short-term debt is the sum of lines 25, 29, and 30. Total debt is the sum of lines 24 and 28.
Last Update: June 7, 2018