L.103 Nonfinancial Corporate Business
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2019 2020 2020 Q1 2020 Q2 2020 Q3 2020 Q4 2021 Q1 2021 Q2 2021 Q3 Line
Nonfinancial corporate business; total financial assets FL104090005 22481.9 24315.8 22659.3 23238.5 23881.8 24315.8 24769.7 25241.8 25800.8 1
Nonfinancial corporate business; private foreign deposits; asset FL103091003 131.0 142.6 111.3 145.3 159.6 142.6 141.8 176.8 168.8 2
Nonfinancial corporate business; checkable deposits and currency; asset FL103020000 1339.9 2005.2 1559.9 2014.0 2104.4 2005.2 1986.2 1963.4 2104.9 3
Nonfinancial corporate business; total time and savings deposits; asset FL103030003 201.5 308.7 298.9 329.8 333.5 308.7 299.2 305.8 344.2 4
Nonfinancial corporate business; money market fund shares; asset FL103034000 558.3 677.9 919.6 868.9 686.8 677.9 628.6 609.7 644.8 5
Nonfinancial corporate business; security repurchase agreements; asset FL102051003 13.4 39.8 27.4 32.4 30.3 39.8 27.1 36.8 30.8 6
Nonfinancial corporate business; debt securities; asset LM104022005 326.6 381.3 374.5 394.9 391.7 381.3 346.1 372.9 388.6 7
Nonfinancial corporate business; commercial paper; asset FL103069100 217.6 255.9 227.8 219.9 238.7 255.9 235.6 268.2 274.3 8
Nonfinancial corporate business; Treasury securities; asset LM103061103 63.6 75.2 92.2 112.9 96.2 75.2 64.1 59.5 66.9 9
Nonfinancial corporate business; agency- and GSE-backed securities; asset LM103061703 21.2 25.1 30.7 37.6 32.1 25.1 21.4 19.8 22.3 10
Nonfinancial corporate business; municipal securities; asset LM103062003 24.2 25.1 23.8 24.4 24.7 25.1 25.0 25.4 25.1 11
Nonfinancial corporate business; loans; asset FL104023005 72.2 74.6 71.7 72.4 73.2 74.6 74.1 74.8 75.7 12
Nonfinancial corporate business; total mortgages; asset FL103065003 36.4 38.8 37.0 37.6 38.2 38.8 39.4 40.0 40.6 13
Nonfinancial corporate business; consumer credit; asset FL103066005 35.8 35.8 34.7 34.8 35.1 35.8 34.7 34.8 35.1 14
Nonfinancial corporate business; corporate equities; asset LM103064103 2317.7 2553.7 1834.2 2169.4 2319.8 2553.7 2669.4 2855.7 2830.6 15
Nonfinancial corporate business; mutual fund shares; asset LM103064203 326.4 376.4 276.9 321.6 342.8 376.4 390.7 415.3 415.2 16
Nonfinancial corporate business; trade receivables; asset FL103070005 4053.2 4088.0 3957.3 3740.8 3948.9 4088.0 4243.4 4434.8 4600.7 17
Nonfinancial corporate business; U.S. direct investment abroad (market value); asset (1) LM103092005 6365.2 6885.4 4851.1 5743.6 6040.0 6885.4 7279.3 7816.9 7792.4 18
Nonfinancial corporate business; total miscellaneous assets FL103090005 6776.4 6782.2 8376.5 7405.5 7450.7 6782.2 6683.7 6178.9 6404.0 19
Nonfinancial corporate business; insurance receivables due from property-casualty insurance companies; asset FL103076005 392.0 414.0 394.8 402.4 414.0 414.0 423.9 431.8 448.9 20
Nonfinancial corporate business; equity in Fannie Mae and Farm Credit System; asset FL103092405 1.3 1.4 1.4 1.3 1.3 1.4 1.5 1.5 1.4 21
Nonfinancial corporate business; equity investment in finance company subsidiaries; asset FL103094105 112.5 109.5 111.3 107.8 103.8 109.5 109.4 99.6 83.5 22
Nonfinancial corporate business; Paycheck Protection Program receivables due from federal government; asset FL103072005 0.0 210.0 0.0 92.5 223.9 210.0 166.4 118.1 101.2 23
Nonfinancial corporate business; unidentified miscellaneous assets FL103093005 6270.6 6047.3 7869.0 6801.6 6707.8 6047.3 5982.4 5527.8 5769.0 24
Nonfinancial corporate business; total liabilities FL104190005 22974.3 24335.6 23586.9 23882.3 24041.2 24335.6 24691.8 24857.3 25212.2 25
Nonfinancial corporate business; debt securities; liability FL104122005 6582.9 7200.1 6816.9 7178.1 7195.5 7200.1 7319.3 7330.8 7400.4 26
Nonfinancial corporate business; commercial paper; liability FL103169100 194.5 132.2 243.1 166.1 122.2 132.2 144.0 132.0 122.4 27
Nonfinancial corporate business; municipal securities; liability (2) FL103162000 586.6 590.6 589.2 590.4 591.3 590.6 591.0 596.0 598.1 28
Nonfinancial corporate business; corporate bonds; liability (1) FL103163003 5801.8 6477.3 5984.6 6421.6 6482.1 6477.3 6584.3 6602.9 6679.9 29
Nonfinancial corporate business; loans; liability FL104123005 3550.7 3862.7 3979.2 4018.3 3865.7 3862.7 3939.3 3922.2 3987.2 30
Nonfinancial corporate business; depository institution loans n.e.c.; liability FL103168005 1034.0 1111.6 1368.0 1361.6 1164.0 1111.6 1119.3 1030.7 989.0 31
Nonfinancial corporate business; other loans and advances; liability (3) FL103169005 1837.7 2025.8 1924.2 1958.1 1993.3 2025.8 2081.3 2124.0 2192.9 32
Nonfinancial corporate business; total mortgages; liability FL103165005 679.0 725.4 687.1 698.6 708.3 725.4 738.7 767.6 805.3 33
Nonfinancial corporate business; trade payables; liability FL103170005 2920.5 3055.3 2821.1 2694.0 2909.9 3055.3 3146.3 3309.6 3472.6 34
Nonfinancial corporate business; total taxes payable; liability FL103178005 259.9 273.7 285.3 314.1 268.1 273.7 274.7 239.4 231.3 35
Nonfinancial corporate business; foreign direct investment in U.S.: intercompany debt; liability (market value) LM103192305 410.7 366.9 396.3 383.4 383.9 366.9 347.4 336.1 358.7 36
Nonfinancial corporate business; total miscellaneous liabilities FL103190005 9249.6 9576.9 9288.0 9294.4 9418.1 9576.9 9664.8 9719.1 9762.0 37
Private pension funds; pension fund contributions receivable; asset FL573074005 80.1 70.2 79.4 76.6 73.7 70.2 67.9 64.3 61.0 38
Private defined benefit pension funds; claims of pension fund on sponsor; asset FL573073005 404.8 218.9 760.1 488.7 403.9 218.9 206.5 77.8 127.6 39
Nonfinancial corporate business; unidentified miscellaneous liabilities FL103193005 8764.7 9287.8 8448.5 8729.1 8940.5 9287.8 9390.3 9577.0 9573.3 40
Nonfinancial corporate business; corporate equities; liability LM103164103 33680.5 41962.3 27002.7 33391.1 36930.1 41962.3 44805.8 48359.0 47944.8 41
Nonfinancial corporate business; foreign direct investment in U.S.; liability (market value) LM103192105 7498.2 8712.1 5993.6 7192.3 7830.7 8712.1 9237.5 10036.6 10105.8 42
Nonfinancial corporate business; liquid assets (broad measure) (4) FL104001005 5214.8 6485.6 5402.8 6276.2 6368.9 6485.6 6489.2 6736.4 6928.0 43
Nonfinancial corporate business; total short-term liabilities (5) FL104150005 6246.6 6598.5 6641.7 6493.9 6457.5 6598.5 6765.7 6835.6 7008.3 44
Nonfinancial corporate business; liquid assets as a percentage of short-term liabilties FL104001006 83.48 98.29 81.35 96.65 98.63 98.29 95.91 98.55 98.86 45
Nonfinancial corporate business; short-term debt as a percentage of total debt (6) FL104140006 30.26 29.55 32.75 31.13 29.65 29.55 29.71 29.21 29.02 46

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 27, 31, 32, 34, and 35. 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 27, 31, and 32. Total debt is the sum of lines 26 and 30.
Last Update: December 9, 2021