Financial Accounts of the United States - Z.1
L.234 Identified miscellaneous financial claims - part II
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
| 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) | FL713011203 | 11.0 | 11.0 | 11.0 | 11.0 | 11.0 | 11.0 | 11.0 | 11.0 | 11.0 |
| Line 2 | Asset: Monetary authority | FL713011203 | 11.0 | 11.0 | 11.0 | 11.0 | 11.0 | 11.0 | 11.0 | 11.0 | 11.0 |
| Special Drawing Rights (SDR) certificates: | |||||||||||
| Line 3 | Federal government (liabilities) | FL713014003 | 5.2 | 15.2 | 15.2 | 10.2 | 15.2 | 15.2 | 15.2 | 15.2 | 15.2 |
| Line 4 | Asset: Monetary authority | FL713014003 | 5.2 | 15.2 | 15.2 | 10.2 | 15.2 | 15.2 | 15.2 | 15.2 | 15.2 |
| Funding agreements backing securities: | |||||||||||
| Line 5 | Life insurance companies (liabilities)1 | FL673090543 | 190.3 | 221.2 | 280.5 | 214.4 | 221.2 | 234.2 | 255.3 | 276.5 | 280.5 |
| Line 6 | ABS issuers (assets) | FL673090543 | 190.3 | 221.2 | 280.5 | 214.4 | 221.2 | 234.2 | 255.3 | 276.5 | 280.5 |
| Deferred and unpaid life insurance premiums: | |||||||||||
| Line 7 | Household sector (liabilities) | FL543077073 | 39.4 | 39.5 | 41.1 | 39.4 | 39.5 | 42.4 | 42.0 | 39.2 | 41.1 |
| Line 8 | Life insurance companies (assets) | FL543077073 | 39.4 | 39.5 | 41.1 | 39.4 | 39.5 | 42.4 | 42.0 | 39.2 | 41.1 |
| Other reserves at life insurance companies: | |||||||||||
| Line 9 | Life insurance companies (liabilities) | FL543195005 | 488.4 | 501.8 | 502.4 | 497.9 | 501.8 | 501.9 | 506.8 | 506.6 | 502.4 |
| Line 10 | Rest of the world (liabilities) | FL263195105 | 24.9 | 25.0 | 25.0 | 25.0 | 25.0 | 25.1 | 25.3 | 25.3 | 25.0 |
| Line 11 | Household sector (assets) | FL153095105 | 427.9 | 436.8 | 437.4 | 434.0 | 436.8 | 436.6 | 441.1 | 441.0 | 437.4 |
| Line 12 | Life insurance companies (assets) | FL543095105 | 85.5 | 90.0 | 90.0 | 88.9 | 90.0 | 90.4 | 91.0 | 90.9 | 90.0 |
| Policy payables: | |||||||||||
| Line 13 | Property-casualty insurance companies (liabilities) | FL513176005 | 1729.4 | 1857.6 | 1961.2 | 1854.4 | 1857.6 | 1903.1 | 1930.4 | 1957.6 | 1961.2 |
| Line 14 | Rest of the world (liabilities) | FL263176005 | 197.8 | 210.4 | 222.1 | 207.2 | 210.4 | 215.5 | 218.6 | 221.7 | 222.1 |
| Line 15 | Household sector (assets) | FL153076005 | 774.3 | 832.6 | 881.3 | 832.7 | 832.6 | 854.8 | 867.5 | 880.0 | 881.3 |
| Line 16 | Nonfinancial corporate business (assets) | FL103076005 | 520.0 | 561.7 | 592.8 | 562.7 | 561.7 | 575.0 | 583.3 | 591.6 | 592.8 |
| Line 17 | Nonfinancial noncorporate business (assets) | FL113076005 | 172.4 | 191.6 | 200.1 | 189.5 | 191.6 | 194.8 | 197.2 | 199.6 | 200.1 |
| Line 18 | Property-casualty insurance companies (assets) | FL513076005 | 391.7 | 418.0 | 441.3 | 411.4 | 418.0 | 428.2 | 434.4 | 440.5 | 441.3 |
| Line 19 | Rest of the world (assets) | FL263076005 | 68.8 | 64.2 | 67.7 | 65.3 | 64.2 | 65.7 | 66.7 | 67.6 | 67.7 |
| Unallocated insurance company contracts: | |||||||||||
| Line 20 | Life insurance companies (liabilities) | FL593095005 | 887.2 | 915.6 | 942.9 | 917.4 | 915.6 | 911.5 | 928.1 | 940.0 | 942.9 |
| Line 21 | Private pension funds (assets) | FL573095005 | 602.3 | 614.8 | 627.0 | 619.4 | 614.8 | 608.3 | 620.6 | 627.2 | 627.0 |
| Line 22 | State and local government pension funds (assets) | FL223095505 | 284.9 | 300.8 | 316.0 | 298.0 | 300.8 | 303.2 | 307.4 | 312.8 | 316.0 |
| Pension fund contributions payable: | |||||||||||
| Line 23 | Nonfinancial corporate business (liabilities) | FL573074005 | 77.3 | 81.0 | 85.6 | 80.1 | 81.0 | 82.0 | 82.9 | 84.7 | 85.6 |
| Line 24 | Private pension funds (assets) | FL573074005 | 77.3 | 81.0 | 85.6 | 80.1 | 81.0 | 82.0 | 82.9 | 84.7 | 85.6 |
| Retiree health care funds: | |||||||||||
| Line 25 | Federal government (liabilities)2 | FL313195105 | 413.4 | 439.1 | 474.3 | 415.0 | 439.1 | 437.6 | 438.9 | 441.0 | 474.3 |
| Line 26 | Household sector (assets) | FL313195105 | 413.4 | 439.1 | 474.3 | 415.0 | 439.1 | 437.6 | 438.9 | 441.0 | 474.3 |
| Claims of pension fund on sponsor: | |||||||||||
| Line 27 | Nonfinancial corporate business (liabilities) | FL573073005 | 293.9 | 192.0 | 94.0 | 134.4 | 192.0 | 278.1 | 168.3 | 82.3 | 94.0 |
| Line 28 | Federal government (liabilities) | FL343073045 | 1163.7 | 962.0 | 699.7 | 1139.8 | 962.0 | 1020.4 | 1173.2 | 965.0 | 699.7 |
| Line 29 | State and local governments (liabilities) | FL223073045 | 3244.4 | 3085.1 | 2639.6 | 2950.7 | 3085.1 | 3223.4 | 2927.4 | 2722.4 | 2639.6 |
| Line 30 | Private pension funds (assets) | FL573073005 | 293.9 | 192.0 | 94.0 | 134.4 | 192.0 | 278.1 | 168.3 | 82.3 | 94.0 |
| Line 31 | Federal government pension funds (assets) | FL343073045 | 1163.7 | 962.0 | 699.7 | 1139.8 | 962.0 | 1020.4 | 1173.2 | 965.0 | 699.7 |
| Line 32 | State and local govt. pension funds (assets) | FL223073045 | 3244.4 | 3085.1 | 2639.6 | 2950.7 | 3085.1 | 3223.4 | 2927.4 | 2722.4 | 2639.6 |
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 L.133 in addition to L.223 and L.225.a.
- Includes Uniform Services Retiree Health Care Fund and Postal Service Retiree Health Benefits Fund.
Last Update: 2026-03-19