Financial Accounts of the United States - Z.1
B.103 Balance Sheet of Nonfinancial Corporate Business
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2016 | 2017 | 2018 | 2017 Q3 | 2017 Q4 | 2018 Q1 | 2018 Q2 | 2018 Q3 | 2018 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial corporate business; total assets | FL102000005 | 41861.0 | 44573.7 | 45195.1 | 43594.4 | 44573.7 | 44578.7 | 45400.3 | 45375.3 | 45195.1 | 1 |
| Nonfinancial corporate business; nonfinancial assets | LM102010005 | 21455.0 | 22835.1 | 23317.6 | 22291.0 | 22835.1 | 22720.8 | 23533.7 | 23259.1 | 23317.6 | 2 |
| Nonfinancial corporate business; real estate at market value (1) | LM105035005 | 12045.4 | 12998.5 | 13018.4 | 12590.1 | 12998.5 | 12768.4 | 13465.8 | 13062.7 | 13018.4 | 3 |
| Nonfinancial corporate business; equipment, current cost basis (2) | LM105015205 | 4685.3 | 4856.8 | 5055.0 | 4808.9 | 4856.8 | 4898.9 | 4955.5 | 5016.8 | 5055.0 | 4 |
| Nonfinancial corporate business; nonresidential intellectual property products, current cost basis (2) | LM105013765 | 2410.0 | 2560.8 | 2717.3 | 2524.2 | 2560.8 | 2593.4 | 2634.1 | 2675.0 | 2717.3 | 5 |
| Nonfinancial corporate business; inventories excluding IVA, current cost basis (2) | LM105020015 | 2314.4 | 2418.9 | 2526.9 | 2367.7 | 2418.9 | 2460.1 | 2478.4 | 2504.6 | 2526.9 | 6 |
| Nonfinancial corporate business; total financial assets | FL104090005 | 20406.0 | 21738.6 | 21877.6 | 21303.4 | 21738.6 | 21858.0 | 21866.6 | 22116.1 | 21877.6 | 7 |
| Nonfinancial corporate business; private foreign deposits; asset | FL103091003 | 90.7 | 235.8 | 95.8 | 238.3 | 235.8 | 218.7 | 222.0 | 125.8 | 95.8 | 8 |
| Nonfinancial corporate business; checkable deposits and currency; asset | FL103020005 | 998.3 | 1094.9 | 1073.7 | 1060.6 | 1094.9 | 1073.5 | 963.0 | 1042.1 | 1073.7 | 9 |
| Nonfinancial corporate business; total time and savings deposits; asset | FL103030003 | 163.5 | 167.0 | 154.9 | 165.5 | 167.0 | 164.0 | 161.8 | 165.5 | 154.9 | 10 |
| Nonfinancial corporate business; money market fund shares; asset | FL103034000 | 463.9 | 475.5 | 501.9 | 461.3 | 475.5 | 466.3 | 470.9 | 478.6 | 501.9 | 11 |
| Nonfinancial corporate business; security repurchase agreements; asset | FL102051003 | 84.9 | 49.1 | 29.5 | 43.0 | 49.1 | 26.8 | 21.0 | 20.6 | 29.5 | 12 |
| Nonfinancial corporate business; debt securities; asset | FL104022005 | 199.4 | 232.3 | 219.3 | 221.7 | 232.3 | 227.9 | 241.4 | 234.7 | 219.3 | 13 |
| Nonfinancial corporate business; commercial paper; asset | FL103069100 | 124.6 | 147.2 | 145.7 | 137.6 | 147.2 | 151.6 | 164.6 | 157.1 | 145.7 | 14 |
| Nonfinancial corporate business; Treasury securities; asset | FL103061103 | 41.3 | 42.1 | 37.1 | 41.0 | 42.1 | 37.5 | 37.0 | 41.4 | 37.1 | 15 |
| Nonfinancial corporate business; agency- and GSE-backed securities; asset | FL103061703 | 13.8 | 14.0 | 12.2 | 13.7 | 14.0 | 12.5 | 12.3 | 13.8 | 12.2 | 16 |
| Nonfinancial corporate business; municipal securities; asset | FL103062003 | 19.7 | 28.9 | 24.4 | 29.4 | 28.9 | 26.3 | 27.6 | 22.4 | 24.4 | 17 |
| Nonfinancial corporate business; loans; asset | FL104023005 | 73.0 | 70.3 | 67.9 | 71.0 | 70.3 | 68.7 | 68.5 | 67.8 | 67.9 | 18 |
| Nonfinancial corporate business; total mortgages; asset | FL103065003 | 30.3 | 28.4 | 26.1 | 28.9 | 28.4 | 28.0 | 27.5 | 26.6 | 26.1 | 19 |
| Nonfinancial corporate business; consumer credit; asset | FL103066005 | 42.8 | 41.8 | 41.8 | 42.1 | 41.8 | 40.7 | 41.0 | 41.2 | 41.8 | 20 |
| Nonfinancial corporate business; corporate equities; asset | LM103064103 | 1711.4 | 1933.0 | 1716.0 | 1847.6 | 1933.0 | 1883.5 | 1912.9 | 2024.8 | 1716.0 | 21 |
| Nonfinancial corporate business; mutual fund shares; asset | LM103064203 | 236.9 | 276.5 | 261.6 | 267.0 | 276.5 | 276.1 | 280.5 | 290.1 | 261.6 | 22 |
| Nonfinancial corporate business; trade receivables; asset | FL103070005 | 2973.6 | 3246.8 | 3532.2 | 3184.7 | 3246.8 | 3274.4 | 3377.5 | 3470.8 | 3532.2 | 23 |
| Nonfinancial corporate business; U.S. direct investment abroad; asset (3) | LM103092005 | 5334.1 | 5725.4 | 5561.0 | 5674.5 | 5725.4 | 5608.5 | 5538.0 | 5593.6 | 5561.0 | 24 |
| Nonfinancial corporate business; total miscellaneous assets | FL103090005 | 8076.3 | 8232.0 | 8663.7 | 8068.4 | 8232.0 | 8569.6 | 8609.2 | 8601.8 | 8663.7 | 25 |
| Nonfinancial corporate business; total liabilities | FL104190005 | 19123.8 | 20149.8 | 20500.5 | 19712.0 | 20149.8 | 20197.3 | 20171.3 | 20371.2 | 20500.5 | 26 |
| Nonfinancial corporate business; debt securities; liability | FL104122005 | 5848.4 | 6153.3 | 6240.1 | 6126.8 | 6153.3 | 6221.8 | 6221.6 | 6238.7 | 6240.1 | 27 |
| Nonfinancial corporate business; commercial paper; liability | FL103169100 | 180.8 | 206.7 | 181.2 | 206.1 | 206.7 | 222.3 | 220.2 | 200.7 | 181.2 | 28 |
| Nonfinancial corporate business; municipal securities; liability (4) | FL103162000 | 552.6 | 566.1 | 562.1 | 555.1 | 566.1 | 563.3 | 566.1 | 560.3 | 562.1 | 29 |
| Nonfinancial corporate business; corporate bonds; liability (3) | FL103163003 | 5115.0 | 5380.6 | 5496.7 | 5365.7 | 5380.6 | 5436.2 | 5435.3 | 5477.7 | 5496.7 | 30 |
| Nonfinancial corporate business; loans; liability | FL104123005 | 2642.5 | 3011.3 | 3518.6 | 2875.0 | 3011.3 | 3002.7 | 3350.6 | 3395.4 | 3518.6 | 31 |
| Nonfinancial corporate business; depository institution loans n.e.c.; liability | FL103168005 | 1025.4 | 1065.4 | 1191.6 | 1047.8 | 1065.4 | 1072.4 | 1092.2 | 1090.2 | 1191.6 | 32 |
| Nonfinancial corporate business; other loans and advances; liability | FL103169005 | 1102.1 | 1387.5 | 1721.4 | 1294.7 | 1387.5 | 1370.5 | 1681.1 | 1720.3 | 1721.4 | 33 |
| Nonfinancial corporate business; total mortgages; liability | FL103165005 | 515.0 | 558.4 | 605.6 | 532.5 | 558.4 | 559.8 | 577.3 | 584.8 | 605.6 | 34 |
| Nonfinancial corporate business; trade payables; liability | FL103170005 | 2305.2 | 2516.4 | 2752.1 | 2430.3 | 2516.4 | 2484.2 | 2565.3 | 2672.0 | 2752.1 | 35 |
| Nonfinancial corporate business; total taxes payable; liability | FL103178005 | 33.5 | 246.1 | 223.9 | 39.9 | 246.1 | 250.1 | 223.2 | 229.4 | 223.9 | 36 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability | LM103192005 | 3642.8 | 3893.3 | 4125.2 | 3861.2 | 3893.3 | 3923.4 | 4008.1 | 4107.5 | 4125.2 | 37 |
| Nonfinancial corporate business; total miscellaneous liabilities | FL103190005 | 4651.5 | 4329.2 | 3640.6 | 4378.7 | 4329.2 | 4315.1 | 3802.6 | 3728.2 | 3640.6 | 38 |
| Nonfinancial corporate business; net worth | FL102090005 | 22737.3 | 24423.9 | 24694.6 | 23882.4 | 24423.9 | 24381.5 | 25229.0 | 25004.1 | 24694.6 | 39 |
| Nonfinancial corporate business; residential structures, current cost basis | LM105012665 | 215.5 | 229.6 | 237.9 | 226.5 | 229.6 | 235.3 | 240.2 | 240.5 | 237.9 | 40 |
| Nonfinancial corporate business; nonresidential structures, current cost basis | LM105013665 | 8903.6 | 9216.1 | 9722.3 | 9148.4 | 9216.1 | 9312.4 | 9456.6 | 9555.1 | 9722.3 | 41 |
| Nonfinancial corporate business; corporate equities; liability | LM103164103 | 24274.0 | 28389.7 | 25803.0 | 26933.1 | 28389.7 | 28084.1 | 29228.1 | 30967.9 | 25803.0 | 42 |
| Nonfinancial corporate business; debt as a percentage of net worth (market value) | FL104104006 | 37.34 | 37.52 | 39.52 | 37.69 | 37.52 | 37.83 | 37.94 | 38.53 | 39.52 | 43 |
| Nonfinancial corporate business; debt as a percentage of the market value of corporate equities | FL104104016 | 34.98 | 32.28 | 37.82 | 33.42 | 32.28 | 32.85 | 32.75 | 31.11 | 37.82 | 44 |
| Nonfinancial corporate business; corporate equities as a percentage of net worth | FL103164106 | 106.76 | 116.24 | 104.49 | 112.77 | 116.24 | 115.19 | 115.85 | 123.85 | 104.49 | 45 |
| Nonfinancial corporate business; total assets at historical cost | FL102000115 | 34892.3 | 36802.0 | 37676.7 | 36269.4 | 36802.0 | 37126.4 | 37296.0 | 37752.6 | 37676.7 | 46 |
| Nonfinancial corporate business; nonfinancial assets at historical cost | FL102010115 | 14486.3 | 15063.4 | 15799.1 | 14966.0 | 15063.4 | 15268.4 | 15429.4 | 15636.4 | 15799.1 | 47 |
| Nonfinancial corporate business; real estate, historical cost basis | FL105035045 | 5742.3 | 5962.1 | 6219.9 | 5911.2 | 5962.1 | 6022.3 | 6087.7 | 6152.0 | 6219.9 | 48 |
| Nonfinancial corporate business; nonresidential equipment, historical cost basis | FL105013213 | 4553.2 | 4701.8 | 4892.8 | 4658.6 | 4701.8 | 4749.1 | 4796.7 | 4844.4 | 4892.8 | 49 |
| Nonfinancial corporate business; nonresidential intellectual property products, historical cost basis | FL105013715 | 2156.4 | 2264.9 | 2403.4 | 2237.5 | 2264.9 | 2296.2 | 2330.3 | 2365.0 | 2403.4 | 50 |
| Nonfinancial corporate business; inventories, historical cost basis (SOI) | FL105020000 | 2034.4 | 2134.6 | 2283.1 | 2158.7 | 2134.6 | 2200.8 | 2214.7 | 2274.9 | 2283.1 | 51 |
| Nonfinancial corporate business; net worth at historical cost | FL102090115 | 15768.6 | 16652.2 | 17176.2 | 16557.4 | 16652.2 | 16929.1 | 17124.7 | 17381.4 | 17176.2 | 52 |
| Nonfinancial corporate business; residential structures, historical cost basis | FL105012613 | 99.3 | 104.4 | 109.7 | 103.1 | 104.4 | 105.8 | 107.1 | 108.4 | 109.7 | 53 |
| Nonfinancial corporate business; nonresidential structures, historical cost basis | FL105013613 | 5067.5 | 5266.2 | 5504.8 | 5215.1 | 5266.2 | 5323.2 | 5384.3 | 5444.7 | 5504.8 | 54 |
| Nonfinancial corporate business; debt as a percentage of net worth (historical cost) | FL104104026 | 53.85 | 55.04 | 56.82 | 54.37 | 55.04 | 54.49 | 55.90 | 55.43 | 56.82 | 55 |
NOTES
- At market value.
- At replacement (current) cost.
- 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.
- 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.
Last Update: March 7, 2019