Financial Accounts of the United States - Z.1
R.103 Change in Net Worth of Nonfinancial Corporate Business
Billions of dollars; not seasonally adjusted| Description | Series code | 2019 | 2020 | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial corporate business; net worth (1) | FC102090005 | 3436.2 | 2506.1 | 5519.7 | -2395.2 | -1099.0 | -1948.0 | -575.4 | 1227.2 | 835.4 | 1 |
| Nonfinancial corporate business; net investment | FU105060005 | 645.2 | 476.9 | 724.2 | 431.3 | 109.4 | 53.4 | 103.7 | 164.8 | 22.1 | 2 |
| Nonfinancial corporate business; net physical investment | FU105061005 | 525.2 | 274.3 | 613.5 | 804.4 | 327.8 | 181.2 | 195.4 | 99.9 | 138.4 | 3 |
| Nonfinancial corporate business; total capital expenditures | FU105050005 | 2169.0 | 1954.0 | 2155.5 | 2675.6 | 745.4 | 608.8 | 690.1 | 631.4 | 677.7 | 4 |
| Nonfinancial corporate business; gross fixed investment | FU105019005 | 2096.3 | 1998.2 | 2163.7 | 2428.0 | 580.5 | 598.1 | 618.5 | 631.0 | 639.5 | 5 |
| Nonfinancial corporate business; inventories including IVA | FU105020005 | 72.8 | -44.2 | -14.6 | 142.0 | 84.4 | 7.0 | 49.6 | 1.0 | 38.7 | 6 |
| Nonfinancial corporate business; acquisition of nonproduced nonfinancial assets (net) | FU105420005 | -0.1 | 0.0 | 6.4 | 105.5 | 80.5 | 3.7 | 22.0 | -0.6 | -0.5 | 7 |
| Nonfinancial corporate business; consumption of fixed capital, structures, equipment, and intellectual property products (NIPA basis) | FU106300005 | 1642.4 | 1706.0 | 1798.9 | 2002.0 | 479.3 | 494.8 | 509.6 | 518.3 | 531.5 | 8 |
| Nonfinancial corporate business; consumption of fixed capital, residential structures and equipment, current cost basis | FU106320005 | 4.1 | 4.3 | 6.0 | 6.1 | 1.2 | 1.7 | 1.9 | 1.3 | 1.6 | 9 |
| Nonfinancial corporate business; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis | FU106330005 | 1638.3 | 1701.7 | 1792.8 | 1995.9 | 478.1 | 493.1 | 507.7 | 517.0 | 529.9 | 10 |
| Nonfinancial corporate business; inventory valuation adjustment (IVA) | FU105020601 | 1.4 | -26.4 | -256.9 | -130.8 | -61.7 | -67.3 | -15.0 | 13.1 | 7.8 | 11 |
| Nonfinancial corporate business; net lending (+) or borrowing (-) (financial account) | FU105000005 | 242.2 | 183.8 | 65.7 | -8.2 | -144.9 | -2.7 | -16.7 | 156.1 | -8.3 | 12 |
| Nonfinancial corporate business; total financial assets | FU104090005 | 2395.8 | 395.0 | 1146.1 | 478.1 | 193.7 | 163.6 | -124.3 | 245.1 | 59.9 | 13 |
| Nonfinancial corporate business; total liabilities and equity | FU104194005 | 2153.6 | 211.3 | 1080.4 | 486.4 | 338.5 | 166.3 | -107.6 | 89.0 | 68.3 | 14 |
| Nonfinancial corporate business; corporate equities; liability | FU103164103 | -353.0 | -138.6 | -315.5 | -614.7 | -143.9 | -189.7 | -143.7 | -137.4 | -170.5 | 15 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability (market value) | FU103192105 | 230.9 | 157.4 | 360.5 | 249.9 | 70.3 | 64.5 | 68.7 | 46.3 | 62.6 | 16 |
| Nonfinancial corporate business; assets less liabilities with revaluations | FR108000005 | 2926.0 | 1997.4 | 4925.6 | -2573.7 | -1103.5 | -1946.3 | -622.4 | 1098.5 | 839.3 | 17 |
| Nonfinancial corporate business; nonfinancial assets | FR102010005 | 935.2 | 954.7 | 2899.8 | 456.5 | -140.4 | 226.9 | 308.1 | 61.9 | 80.3 | 18 |
| Nonfinancial corporate business; real estate at market value | FR105035005 | 878.8 | 730.1 | 2294.8 | -139.2 | -343.5 | -36.9 | 274.9 | -33.6 | -55.1 | 19 |
| Nonfinancial corporate business; equipment, current cost basis (2) | FR105015205 | 15.4 | 41.4 | 339.7 | 418.1 | 107.4 | 131.3 | 87.4 | 92.2 | 115.2 | 20 |
| Nonfinancial corporate business; nonresidential intellectual property products, current cost basis (2) | FR105013765 | 41.8 | 141.5 | 68.0 | 151.2 | 35.6 | 47.2 | 43.6 | 24.8 | 51.7 | 21 |
| Nonfinancial corporate business; inventories excluding IVA, current cost basis (2) (3) | FR105020015 | -0.9 | 41.7 | 197.3 | 26.4 | 60.1 | 85.5 | -97.7 | -21.5 | -31.4 | 22 |
| Nonfinancial corporate business; financial assets with revaluations with corporate farms (IMA) | FR108080095 | 1547.5 | 728.9 | 1704.1 | -2451.6 | -776.7 | -1812.6 | -797.6 | 935.3 | 641.1 | 23 |
| Nonfinancial corporate business; debt securities; asset | FR104022005 | 4.1 | 1.8 | -4.7 | -17.9 | -8.0 | -4.8 | -6.2 | 1.1 | 3.4 | 24 |
| Nonfinancial corporate business; corporate equities; asset | FR103064103 | 517.7 | 361.4 | 703.1 | -607.5 | -155.6 | -484.0 | -127.7 | 159.7 | 167.0 | 25 |
| Nonfinancial corporate business; mutual fund shares; asset | FR103064203 | 51.2 | 39.4 | 46.7 | -81.5 | -28.1 | -53.3 | -19.9 | 19.9 | 18.0 | 26 |
| Nonfinancial corporate business; U.S. direct investment abroad (market value); asset | FR103092005 | 974.6 | 326.2 | 959.1 | -1744.6 | -585.0 | -1270.4 | -643.8 | 754.6 | 452.7 | 27 |
| Nonfinancial corporate business; total miscellaneous assets | FR103090005 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 28 |
| Nonfinancial corporate business; liabilities with revaluations | FR108100005 | -443.3 | -313.8 | -321.7 | 578.7 | 186.5 | 360.7 | 132.9 | -101.3 | -118.0 | 29 |
| Nonfinancial corporate business; foreign direct investment in U.S.: intercompany debt; liability (market value) | FR103192305 | -8.7 | -3.3 | -15.0 | -14.5 | -16.2 | -6.1 | 0.1 | 7.7 | -0.0 | 30 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset | FR573073005 | -434.6 | -310.5 | -306.8 | 593.2 | 202.7 | 366.7 | 132.8 | -109.0 | -118.0 | 31 |
| Nonfinancial corporate business; unidentified miscellaneous liabilities | FR103193005 | 0.0 | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 | 0.0 | -0.0 | 0.0 | 32 |
| Nonfinancial corporate business; other volume changes (4) | FV108090005 | -135.1 | 31.8 | -130.2 | -252.8 | -104.8 | -55.0 | -56.7 | -36.2 | -26.1 | 33 |
| Nonfinancial corporate business; net worth (5) | FL102090005 | 24765.0 | 27271.1 | 32790.8 | 30395.6 | 31691.8 | 29743.8 | 29168.4 | 30395.6 | 31231.0 | 34 |
NOTES
- Sum of net investment (line 2), net holding gains (line 17), and other volume changes (line 33).
- Valued at current cost.
- Before inventory valuation adjustment.
- Consists of statistical discontinuities and disaster-related losses to fixed assets.
- Table B.103, line 36.
Last Update: June 8, 2023