L.103 Nonfinancial Corporate Business
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2020 2021 2022 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 Line
Nonfinancial corporate business; total financial assets FL104090005 24993.2 28069.0 26824.7 26911.2 28069.0 27600.2 26172.6 25471.0 26824.7 1
Nonfinancial corporate business; private foreign deposits; asset FL103091003 135.0 158.8 146.1 160.4 158.8 184.4 156.1 152.8 146.1 2
Nonfinancial corporate business; checkable deposits and currency; asset FL103020000 1740.9 1882.2 1552.1 1835.3 1882.2 1830.4 1706.0 1570.9 1552.1 3
Nonfinancial corporate business; total time and savings deposits; asset FL103030003 278.1 276.8 291.6 307.3 276.8 270.4 266.1 281.0 291.6 4
Nonfinancial corporate business; money market fund shares; asset FL103034000 712.1 813.1 819.2 769.3 813.1 784.6 776.2 781.5 819.2 5
Nonfinancial corporate business; security repurchase agreements; asset FL102051003 37.0 25.1 13.8 27.0 25.1 27.8 22.8 20.5 13.8 6
Nonfinancial corporate business; debt securities; asset LM104022005 364.3 384.0 387.6 370.3 384.0 360.7 384.1 344.8 387.6 7
Nonfinancial corporate business; commercial paper; asset FL103069100 250.9 253.0 209.9 250.1 253.0 229.0 245.4 210.0 209.9 8
Nonfinancial corporate business; Treasury securities; asset LM103061103 72.9 85.9 117.7 77.9 85.9 87.3 92.9 90.5 117.7 9
Nonfinancial corporate business; agency- and GSE-backed securities; asset LM103061703 24.3 28.6 43.4 26.0 28.6 29.1 31.0 30.2 43.4 10
Nonfinancial corporate business; municipal securities; asset LM103062003 16.3 16.4 16.7 16.3 16.4 15.3 14.7 14.1 16.7 11
Nonfinancial corporate business; loans; asset FL104023005 80.3 87.0 94.6 84.4 87.0 87.6 89.6 91.8 94.6 12
Nonfinancial corporate business; total mortgages; asset FL103065003 44.4 51.1 58.8 49.4 51.1 52.9 54.8 56.8 58.8 13
Nonfinancial corporate business; consumer credit; asset FL103066005 35.8 35.8 35.8 35.0 35.8 34.7 34.8 35.0 35.8 14
Nonfinancial corporate business; corporate equities; asset LM103064103 2543.2 3124.4 2499.7 2849.3 3124.4 2945.9 2435.7 2308.9 2499.7 15
Nonfinancial corporate business; mutual fund shares; asset LM103064203 376.7 446.6 388.6 425.0 446.6 424.1 375.4 360.3 388.6 16
Nonfinancial corporate business; trade receivables; asset FL103070005 3916.2 4468.3 4894.8 4300.5 4468.3 4669.1 4862.5 4819.9 4894.8 17
Nonfinancial corporate business; U.S. direct investment abroad (market value); asset (1) LM103092005 6782.8 8058.4 6808.5 7688.2 8058.4 7533.5 6376.4 5820.8 6808.5 18
Nonfinancial corporate business; total miscellaneous assets FL103090005 8026.7 8344.5 8927.9 8094.3 8344.5 8481.7 8721.9 8917.9 8927.9 19
Nonfinancial corporate business; insurance receivables due from property-casualty insurance companies; asset FL103076005 414.0 450.0 506.5 450.6 450.0 454.1 466.9 482.6 506.5 20
Nonfinancial corporate business; equity in Fannie Mae and Farm Credit System; asset FL103092405 1.4 1.5 1.6 1.4 1.5 1.9 1.7 1.7 1.6 21
Nonfinancial corporate business; other investment in finance company subsidiaries; asset FL103094705 109.5 94.6 87.8 93.8 94.6 92.4 94.4 91.2 87.8 22
Nonfinancial corporate business; Paycheck Protection Program receivables due from federal government; asset FL103072005 244.4 72.7 5.7 118.1 72.7 46.1 21.3 9.2 5.7 23
Nonfinancial corporate business; unidentified miscellaneous assets FL103093005 7257.4 7725.6 8326.3 7430.5 7725.6 7887.3 8137.5 8333.3 8326.3 24
Nonfinancial corporate business; total liabilities FL104190005 23369.7 24250.5 26082.6 23901.0 24250.5 24989.3 25839.0 26107.1 26082.6 25
Nonfinancial corporate business; debt securities; liability FL104122005 7276.4 7490.9 7545.4 7511.8 7490.9 7586.3 7540.7 7548.5 7545.4 26
Nonfinancial corporate business; commercial paper; liability FL103169100 132.2 138.2 197.5 122.4 138.2 188.7 188.1 198.8 197.5 27
Nonfinancial corporate business; municipal securities; liability (2) FL103162000 605.6 616.4 617.4 614.2 616.4 620.4 623.7 618.0 617.4 28
Nonfinancial corporate business; corporate bonds; liability (1) FL103163003 6538.6 6736.2 6730.5 6775.2 6736.2 6777.1 6728.9 6731.7 6730.5 29
Nonfinancial corporate business; loans; liability FL104123005 4121.1 4513.2 5219.9 4284.0 4513.2 4808.2 5037.7 5103.9 5219.9 30
Nonfinancial corporate business; depository institution loans n.e.c.; liability FL103168005 1182.8 1145.7 1500.3 1063.8 1145.7 1291.0 1411.4 1441.0 1500.3 31
Nonfinancial corporate business; other loans and advances; liability (3) FL103169005 2025.7 2330.1 2511.8 2218.7 2330.1 2444.1 2495.8 2495.0 2511.8 32
Nonfinancial corporate business; total mortgages; liability FL103165005 912.7 1037.4 1207.7 1001.6 1037.4 1073.1 1130.5 1167.9 1207.7 33
Nonfinancial corporate business; trade payables; liability FL103170005 2764.6 3216.5 3575.5 3031.5 3216.5 3351.6 3520.0 3509.7 3575.5 34
Nonfinancial corporate business; total taxes payable; liability FL103178005 275.4 251.5 255.0 252.8 251.5 305.0 265.9 261.8 255.0 35
Nonfinancial corporate business; foreign direct investment in U.S.: intercompany debt; liability (market value) LM103192305 325.1 329.8 341.1 316.7 329.8 313.3 315.6 324.1 341.1 36
Nonfinancial corporate business; total miscellaneous liabilities FL103190005 8607.1 8448.6 9145.7 8504.2 8448.6 8624.9 9159.1 9359.1 9145.7 37
Private pension funds; pension fund contributions receivable; asset FL573074005 77.7 74.7 71.3 75.5 74.7 74.0 73.3 72.4 71.3 38
Private defined benefit pension funds; claims of pension fund on sponsor; asset FL573073005 118.9 -76.2 623.5 31.4 -76.2 151.0 542.0 703.1 623.5 39
Nonfinancial corporate business; unidentified miscellaneous liabilities FL103193005 8410.5 8450.2 8450.9 8397.3 8450.2 8399.8 8543.9 8583.6 8450.9 40
Nonfinancial corporate business; corporate equities; liability LM103164103 42498.0 51407.9 39674.6 48151.5 51407.9 48189.6 39460.4 37765.1 39674.6 41
Nonfinancial corporate business; foreign direct investment in U.S.; liability (market value) LM103192105 8670.3 11194.7 9011.6 10080.8 11194.7 10610.7 8841.9 8368.3 9011.6 42
Nonfinancial corporate business; liquid assets (broad measure) (4) FL104001005 6187.3 7110.9 6098.8 6743.9 7110.9 6828.3 6122.3 5820.7 6098.8 43
Nonfinancial corporate business; total short-term liabilities (5) FL104150005 6380.7 7082.0 8040.2 6689.1 7082.0 7580.4 7881.2 7906.3 8040.2 44
Nonfinancial corporate business; liquid assets as a percentage of short-term liabilties FL104001006 96.97 100.41 75.85 100.82 100.41 90.08 77.68 73.62 75.85 45
Nonfinancial corporate business; short-term debt as a percentage of total debt (6) FL104140006 29.31 30.11 32.98 28.86 30.11 31.66 32.56 32.68 32.98 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: March 9, 2023