L.103 Nonfinancial Corporate Business
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2018 2019 2019 Q1 2019 Q2 2019 Q3 2019 Q4 2020 Q1 2020 Q2 2020 Q3 Line
Nonfinancial corporate business; total financial assets FL104090005 19128.1 20842.7 19760.9 20066.6 20394.6 20842.7 21049.2 21749.7 22191.9 1
Nonfinancial corporate business; private foreign deposits; asset FL103091003 106.3 116.6 107.7 119.8 102.2 116.6 99.2 130.0 137.4 2
Nonfinancial corporate business; checkable deposits and currency; asset FL103020000 1189.7 1270.7 1067.8 1182.3 1398.8 1270.7 1469.7 1830.4 1741.6 3
Nonfinancial corporate business; total time and savings deposits; asset FL103030003 187.2 196.0 201.2 203.8 184.8 196.0 286.2 303.5 265.0 4
Nonfinancial corporate business; money market fund shares; asset FL103034000 466.1 558.3 472.6 492.2 528.7 558.3 916.4 962.2 927.2 5
Nonfinancial corporate business; security repurchase agreements; asset FL102051003 14.6 12.2 12.1 10.3 10.2 12.2 24.4 29.7 28.5 6
Nonfinancial corporate business; debt securities; asset LM104022005 253.2 328.3 254.1 278.8 322.0 328.3 364.5 380.1 388.6 7
Nonfinancial corporate business; commercial paper; asset FL103069100 162.1 244.9 159.2 192.9 241.6 244.9 253.6 249.5 272.5 8
Nonfinancial corporate business; Treasury securities; asset LM103061103 54.4 48.0 57.0 50.1 45.9 48.0 68.9 83.3 72.3 9
Nonfinancial corporate business; agency- and GSE-backed securities; asset LM103061703 18.1 16.0 19.0 16.7 15.3 16.0 23.0 27.8 24.1 10
Nonfinancial corporate business; municipal securities; asset LM103062003 18.5 19.3 18.9 19.1 19.2 19.3 19.0 19.4 19.7 11
Nonfinancial corporate business; loans; asset FL104023005 73.8 76.3 73.3 74.1 75.0 76.3 75.8 76.7 77.6 12
Nonfinancial corporate business; total mortgages; asset FL103065003 34.2 36.7 34.8 35.4 36.1 36.7 37.4 38.0 38.7 13
Nonfinancial corporate business; consumer credit; asset FL103066005 39.6 39.6 38.5 38.7 38.9 39.6 38.5 38.7 38.9 14
Nonfinancial corporate business; corporate equities; asset LM103064103 1791.5 2313.0 2026.5 2104.2 2130.1 2313.0 1851.3 2221.7 2410.9 15
Nonfinancial corporate business; mutual fund shares; asset LM103064203 270.9 327.3 298.4 308.2 309.8 327.3 276.2 319.4 339.1 16
Nonfinancial corporate business; trade receivables, including Paycheck Protection Program subsidies receivable; asset FL103070005 3509.6 3593.4 3553.0 3623.8 3624.2 3593.4 3524.7 3454.8 3786.8 17
Nonfinancial corporate business; U.S. direct investment abroad (market value); asset (1) LM103092005 5438.6 6514.5 5943.1 6178.3 6070.9 6514.5 4979.3 5818.9 6106.0 18
Nonfinancial corporate business; total miscellaneous assets FL103090005 5826.7 5536.1 5751.2 5490.8 5637.9 5536.1 7181.5 6222.3 5983.4 19
Nonfinancial corporate business; insurance receivables due from property-casualty insurance companies; asset FL103076005 377.0 392.0 378.6 383.7 385.9 392.0 394.9 402.5 414.2 20
Nonfinancial corporate business; equity in Fannie Mae and Farm Credit System; asset FL103092405 1.2 1.3 1.3 1.3 1.2 1.3 1.4 1.3 1.3 21
Nonfinancial corporate business; equity investment in finance company subsidiaries; asset FL103094105 113.2 112.5 114.7 112.7 112.1 112.5 111.3 107.8 103.8 22
Nonfinancial corporate business; unidentified miscellaneous assets FL103093005 5335.3 5030.3 5256.6 4993.2 5138.6 5030.3 6674.0 5710.8 5464.1 23
Nonfinancial corporate business; total liabilities FL104190005 26072.4 29696.2 27738.0 28283.5 28662.8 29696.2 28824.4 30366.1 31235.6 24
Nonfinancial corporate business; debt securities; liability FL104122005 6297.0 6557.3 6434.9 6513.4 6588.0 6557.3 6783.2 7132.1 7169.8 25
Nonfinancial corporate business; commercial paper; liability FL103169100 196.5 194.5 241.1 236.6 216.3 194.5 243.1 166.1 122.2 26
Nonfinancial corporate business; municipal securities; liability (2) FL103162000 563.1 577.2 565.7 569.3 569.8 577.2 579.9 581.0 582.3 27
Nonfinancial corporate business; corporate bonds; liability (1) FL103163003 5537.4 5785.6 5628.1 5707.5 5801.9 5785.6 5960.2 6385.1 6465.3 28
Nonfinancial corporate business; loans; liability FL104123005 3302.4 3491.5 3377.7 3420.9 3452.8 3491.5 3922.2 3921.4 3733.2 29
Nonfinancial corporate business; depository institution loans n.e.c.; liability FL103168005 990.3 1009.8 1001.5 1010.9 1005.6 1009.8 1339.8 1334.3 1140.1 30
Nonfinancial corporate business; other loans and advances; liability (3) FL103169005 1726.9 1855.7 1776.8 1800.1 1826.8 1855.7 1945.6 1936.0 1929.9 31
Nonfinancial corporate business; total mortgages; liability FL103165005 585.2 626.0 599.4 609.9 620.5 626.0 636.8 651.1 663.2 32
Nonfinancial corporate business; trade payables; liability FL103170005 2690.4 2771.2 2678.8 2724.7 2758.9 2771.2 2678.3 2571.3 2772.6 33
Nonfinancial corporate business; total taxes payable; liability FL103178005 266.7 251.4 276.9 245.3 255.9 251.4 274.3 297.9 258.6 34
Nonfinancial corporate business; foreign direct investment in U.S. (market value); liability LM103192005 6215.8 8145.2 7022.1 7307.6 7402.7 8145.2 6590.9 7768.8 8484.0 35
Nonfinancial corporate business; total miscellaneous liabilities FL103190005 7300.1 8479.5 7947.5 8071.6 8204.4 8479.5 8575.5 8674.6 8817.4 36
Private pension funds; pension fund contributions receivable; asset FL573074005 84.7 83.8 83.2 88.7 86.1 83.8 87.0 84.3 82.5 37
Private defined benefit pension funds; claims of pension fund on sponsor; asset FL573073005 590.0 175.7 394.8 297.8 288.2 175.7 531.1 249.2 151.6 38
Nonfinancial corporate business; unidentified miscellaneous liabilities FL103193005 6625.4 8219.9 7469.5 7685.1 7830.1 8219.9 7957.4 8341.1 8583.3 39
Nonfinancial corporate business; corporate equities; liability LM103164103 26826.8 34068.9 30780.4 31570.6 31670.2 34068.9 27286.6 34032.9 37389.1 40
Nonfinancial corporate business; liquid assets (broad measure) (4) FL104001005 4279.5 5122.4 4440.4 4699.5 4986.6 5122.4 5287.9 6176.9 6238.1 41
Nonfinancial corporate business; total short-term liabilities (5) FL104150005 5870.7 6082.7 5975.1 6017.5 6063.5 6082.7 6481.2 6305.6 6223.4 42
Nonfinancial corporate business; liquid assets as a percentage of short-term liabilties FL104001006 72.90 84.21 74.31 78.10 82.24 84.21 81.59 97.96 100.24 43
Nonfinancial corporate business; short-term debt as a percentage of total debt (6) FL104140006 30.35 30.45 30.77 30.68 30.36 30.45 32.96 31.09 29.28 44

NOTES

  1. 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.
  2. 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.
  3. Loans from rest of the world, U.S. government, and nonbank financial institutions. Detail can be found on table L.216.
  4. Sum of lines 2 through 7 and lines 15 and 16.
  5. Sum of lines 26, 30, 31, 33, and 34. Includes loans due in more than one year and excludes current maturities of bonds and mortgages.
  6. Short-term debt is the sum of lines 26, 30, and 31. Total debt is the sum of lines 25 and 29.
Last Update: December 10, 2020