Financial Accounts of the United States - Z.1
F.234 Identified miscellaneous financial claims - part II
Billions of dollars; quarterly figures are seasonally adjusted annual rates
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q3 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gold certificates: | |||||||||||
| Line 1 | Federal government (liabilities) | FA713011203 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 2 | Monetary authority (assets) | FA713011203 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Special Drawing Rights (SDR) certificates: | |||||||||||
| Line 3 | Federal government (liabilities) | FA713014003 | 0.0 | 10.0 | 0.0 | 0.0 | 20.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 4 | Monetary authority (assets) | FA713014003 | 0.0 | 10.0 | 0.0 | 0.0 | 20.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Funding agreements backing securities: | |||||||||||
| Line 5 | Life insurance companies (liabilities)1 | FA673090543 | 12.3 | 30.9 | 59.3 | 43.6 | 26.9 | 52.4 | 84.2 | 84.7 | 15.9 |
| Line 6 | ABS issuers (assets) | FA673090543 | 12.3 | 30.9 | 59.3 | 43.6 | 26.9 | 52.4 | 84.2 | 84.7 | 15.9 |
| Deferred and unpaid life insurance premiums: | |||||||||||
| Line 7 | Household sector (liabilities) | FA543077073 | 2.4 | 0.2 | 1.6 | -6.4 | 0.4 | 11.7 | -1.7 | -11.2 | 7.7 |
| Line 8 | Life insurance companies (assets) | FA543077073 | 2.4 | 0.2 | 1.6 | -6.4 | 0.4 | 11.7 | -1.7 | -11.2 | 7.7 |
| Other reserves at life insurance companies: | |||||||||||
| Line 9 | Life insurance companies (liabilities) | FA543195005 | 12.7 | 12.4 | -0.5 | 15.4 | 16.1 | 0.9 | 17.3 | -2.9 | -17.2 |
| Line 10 | Rest of the world (liabilities) | FA263195105 | -0.3 | 0.1 | 0.0 | 0.1 | 0.1 | 0.4 | 0.7 | -0.2 | -0.9 |
| Line 11 | Household sector (assets) | FA153095105 | 12.7 | 8.0 | -0.5 | 11.0 | 11.6 | -0.1 | 15.4 | -2.5 | -14.8 |
| Line 12 | Life insurance companies (assets) | FA543095105 | -0.2 | 4.6 | 0.0 | 4.6 | 4.6 | 1.4 | 2.6 | -0.6 | -3.4 |
| Policy payables: | |||||||||||
| Line 13 | Property-casualty insurance companies (liabilities) | FA513176005 | 104.7 | 128.1 | 103.6 | 192.3 | 12.4 | 182.2 | 109.3 | 108.7 | 14.3 |
| Line 14 | Rest of the world (liabilities) | FA263176005 | 5.5 | 12.6 | 11.7 | 12.6 | 12.6 | 20.6 | 12.4 | 12.3 | 1.6 |
| Line 15 | Household sector (assets) | FA153076005 | 46.7 | 58.2 | 48.8 | 90.0 | -0.6 | 89.1 | 50.4 | 50.1 | 5.5 |
| Line 16 | Nonfinancial corporate business (assets) | FA103076005 | 36.6 | 41.6 | 31.1 | 67.3 | -4.1 | 53.4 | 33.2 | 33.0 | 5.0 |
| Line 17 | Nonfinancial noncorporate business (assets) | FA113076005 | 9.7 | 19.2 | 8.5 | 25.9 | 8.1 | 13.0 | 9.7 | 9.7 | 1.7 |
| Line 18 | Property-casualty insurance companies (assets) | FA513076005 | 15.1 | 26.3 | 23.3 | 26.3 | 26.3 | 41.0 | 24.6 | 24.5 | 3.2 |
| Line 19 | Rest of the world (assets) | FA263076005 | 2.2 | -4.7 | 3.6 | -4.7 | -4.7 | 6.3 | 3.8 | 3.8 | 0.5 |
| Unallocated insurance company contracts: | |||||||||||
| Line 20 | Life insurance companies (liabilities) | FA593095005 | -26.2 | 2.2 | -1.1 | 1.7 | 2.6 | 1.9 | -0.8 | -4.5 | -1.1 |
| Line 21 | Private pension funds (assets) | FA573095005 | -28.1 | -9.9 | -11.9 | -10.0 | -10.1 | -10.4 | -7.3 | -18.0 | -11.8 |
| Line 22 | State and local government pension funds (assets) | FA223095505 | 1.9 | 12.0 | 10.7 | 11.7 | 12.8 | 12.3 | 6.5 | 13.5 | 10.7 |
| Pension fund contributions payable: | |||||||||||
| Line 23 | Nonfinancial corporate business (liabilities) | FA573074005 | 4.1 | 3.7 | 4.6 | 3.8 | 3.8 | 3.9 | 3.4 | 7.1 | 3.9 |
| Line 24 | Private pension funds (assets) | FA573074005 | 4.1 | 3.7 | 4.6 | 3.8 | 3.8 | 3.9 | 3.4 | 7.1 | 3.9 |
| Retiree health care funds: | |||||||||||
| Line 25 | Federal government (liabilities)2 | FA313195105 | 29.8 | 25.8 | 35.2 | 11.0 | 47.4 | 17.8 | 16.4 | 24.2 | 82.5 |
| Line 26 | Household sector (assets) | FA313195105 | 29.8 | 25.8 | 35.2 | 11.0 | 47.4 | 17.8 | 16.4 | 24.2 | 82.5 |
| Claims of pension fund on sponsor: | |||||||||||
| Line 27 | Nonfinancial corporate business (liabilities) | FA573073005 | 221.4 | 146.6 | 149.5 | 143.6 | 148.7 | 142.2 | 152.4 | 147.0 | 156.4 |
| Line 28 | Federal government (liabilities) | FA343073045 | -184.2 | -164.8 | -262.3 | -171.0 | -412.6 | 113.0 | 536.1 | -898.3 | -799.9 |
| Line 29 | State and local governments (liabilities) | FA223073045 | 255.7 | 261.6 | 258.6 | 258.9 | 269.4 | 258.6 | 258.9 | 258.9 | 258.1 |
| Line 30 | Private pension funds (assets) | FA573073005 | 221.4 | 146.6 | 149.5 | 143.6 | 148.7 | 142.2 | 152.4 | 147.0 | 156.4 |
| Line 31 | Federal government pension funds (assets) | FA343073045 | -184.2 | -164.8 | -262.3 | -171.0 | -412.6 | 113.0 | 536.1 | -898.3 | -799.9 |
| Line 32 | State and local govt. pension funds (assets) | FA223073045 | 255.7 | 261.6 | 258.6 | 258.9 | 269.4 | 258.6 | 258.9 | 258.9 | 258.1 |
Notes:
- Equal to funding agreement-backed securities (FABS) issued by domestic issuers of asset-backed securities. Funding agreement-backed securities issued by foreign entities are included in foreign direct investment in the U.S. See table F.133 in addition to F.223 and F.225.a.
- Includes Uniform Services Retiree Health Care Fund and Postal Service Retiree Health Benefits Fund.
Last Update: 2026-03-19