F E D E R A L RE S E R V E S T A T I S T I C A L RE L E A S E

For use at 12:00 p.m., eastern time

March 12, 2015

Z.1

Financial Accounts 

of the United States

Flow of Funds, Balance Sheets,

and Integrated Macroeconomic Accounts

Coded Tables

B O A R D O F G O V E R N O R S O F T H E F E D E R A L R E S E R V E S Y S T E M

Z.1

Financial Accounts 

of the United States

Flow of Funds, Balance Sheets,

and Integrated Macroeconomic Accounts

Coded Tables

B O A R D O F G O V E R N O R S O F T H E F E D E R A L R E S E R V E S Y S T E M

F E D E R A L RE S E R V E S T A T I S T I C A L RE L E A S E

i

Title Table Page

Summaries

Flow of Funds Matrix -- Flows 1

Flow of Funds Matrix -- Assets and Liabilities 2

Credit Market Debt Growth by Sector D.1 3

Credit Market Borrowing by Sector D.2 4

Credit Market Debt Outstanding by Sector D.3 5

Total Credit Market Borrowing and Lending F.1 6

Credit Market Borrowing by Nonfinancial Sectors F.2 7

Credit Market Borrowing by Financial Sectors F.3 7

Credit Market Borrowing, All Sectors, by Instrument F.4 8

Total Liabilities and Its Relation to Total Financial Assets F.5 8

Credit Market Debt Outstanding L.1 9

Credit Market Debt Owed by Nonfinancial Sectors L.2 10

Credit Market Debt Owed by Financial Sectors L.3 10

Credit Market Debt, All Sectors, by Instrument L.4 11

Total Liabilities and Its Relation to Total Financial Assets L.5 11

Distribution of Gross Domestic Product F.6 12

Distribution of National Income F.7 13

Saving and Investment F.8 14

Net Capital Transfers F.9 15

Derivation of Measures of Personal Saving F.10 16

Assets and Liabilities of the Personal Sector L.10 17

Title

Flows Levels

Table Page Table Page

Sectors

Domestic Nonfinancial F.100 18 L.100 76

Households and Nonprofit Organizations F.101 19 L.101 77

Nonfinancial Business F.102 20 L.102 78

Nonfinancial Corporate Business F.103 21 L.103 79

Nonfinancial Noncorporate Business F.104 22 L.104 80

List of Data Tables
ii

Sectors

General Government F.105 23 L.105 81

Federal Government F.106 24 L.106 82

State and Local Governments F.107 25 L.107 83

Domestic Financial F.108 26 L.108 84

Monetary Authority F.109 27 L.109 85

Private Depository Institutions F.110 28 L.110 86

U.S.-Chartered Depository Institutions F.111 29 L.111 87

Foreign Banking Offices in U.S. F.112 30 L.112 88

Banks in U.S.-Affiliated Areas F.113 31 L.113 89

Credit Unions F.114 31 L.114 89

Property-Casualty Insurance Companies F.115 32 L.115 90

Life Insurance Companies F.116 33 L.116 91

Life Insurance Companies: General Accounts F.116.g 34 L.116.g 92

Life Insurance Companies: Separate Accounts F.116.s 34 L.116.s 92

Private and Public Pension Funds F.117 35 L.117 93

Private Pension Funds F.118 36 L.118 94

Private Pension Funds: Defined Benefit Plans F.118.b 37 L.118.b 95

Private Pension Funds: Defined Contribution 

Plans F.118.c 37 L.118.c 95

Federal Government Employee Retirement Funds F.119 38 L.119 96

Federal Government Employee Retirement Funds: 

Defined Benefit Plans F.119.b 39 L.119.b 97

Federal Government Employee Retirement Funds: 

Defined Contribution Plans F.119.c 39 L.119.c 97

State and Local Government Employee Retirement 

Funds F.120 40 L.120 98

State and Local Government Employee 

Retirement Funds: Defined Benefit Plans F.120.b 41 L.120.b 99

State and Local Government Employee 

Retirement Funds: Defined Contribution Plans F.120.c 41 L.120.c 99

Money Market Mutual Funds F.121 42 L.121 100

Mutual Funds F.122 42 L.122 100

Closed-End and Exchange-Traded Funds F.123 42 L.123 100

Government-Sponsored Enterprises F.124 43 L.124 101

Agency- and GSE-Backed Mortgage Pools F.125 43 L.125 101

Issuers of Asset-Backed Securities F.126 44 L.126 102

Finance Companies F.127 44 L.127 102
iii

Sectors

Real Estate Investment Trusts (REITs) F.128 45 L.128 103

Equity Real Estate Investment Trusts F.128.e 46 L.128.e 104

Mortgage Real Estate Investment Trusts F.128.m 46 L.128.m 104

Security Brokers and Dealers F.129 47 L.129 105

Holding Companies F.130 48 L.130 106

Funding Corporations F.131 49 L.131 107

Rest of the World F.132 50 L.132 108

Instruments

U.S. Official Reserve Assets and SDR Allocations F.200 51 L.200 109

Special Drawing Rights (SDRs) Certificates and Treasury 

Currency F.201 51 L.201 109

U.S. Deposits in Foreign Countries F.202 51 L.202 109

Net Interbank Transactions F.203 52 L.203 110

Checkable Deposits and Currency F.204 53 L.204 111

Time and Savings Deposits F.205 54 L.205 112

Money Market Mutual Fund Shares F.206 54 L.206 112

Federal Funds and Security Repurchase Agreements F.207 55 L.207 113

Open Market Paper F.208 56 L.208 114

Treasury Securities F.209 57 L.209 115

Agency- and GSE-Backed Securities F.210 58 L.210 116

Municipal Securities and Loans F.211 59 L.211 117

Corporate and Foreign Bonds F.212 60 L.212 118

Corporate Equities F.213 61 L.213 119

Mutual Fund Shares F.214 61 L.214 119

Depository Institution Loans Not Elsewhere Classified F.215 62 L.215 120

Other Loans and Advances F.216 63 L.216 121

Total Mortgages F.217 64 L.217 122

Home Mortgages F.218 65 L.218 123

Multifamily Residential Mortgages F.219 65 L.219 123

Commercial Mortgages F.220 66 L.220 124

Farm Mortgages F.221 66 L.221 124

Consumer Credit F.222 67 L.222 125

Trade Credit F.223 68 L.223 126

Security Credit F.224 68 L.224 126

Life Insurance Reserves F.225 68 L.225 126
iv

Instruments

Pension Entitlements F.226 69 L.226 127

Taxes Payable by Businesses F.227 69 L.227 127

Proprietors' Equity in Noncorporate Business F.228 69 L.228 127

Direct Investment F.229 70 L.229 128

Total Miscellaneous Financial Claims F.230 71 L.230 129

Identified Miscellaneous Financial Claims -- Part I F.231 72 L.231 130

Identified Miscellaneous Financial Claims -- Part II F.232 73 L.232 131

Unidentified Miscellaneous Financial Claims F.233 74 L.233 132

Sector Discrepancies F.11 75

Instrument Discrepancies F.12 75

Title

Balance Sheet Reconciliation

Table Page Table Page

Balance Sheet and Changes in Net Worth

Households and Nonprofit Organizations B.101 133 R.101 136

Nonfinancial Corporate Business B.103 134 R.103 137

Nonfarm Noncorporate Business B.104 135 R.104 138

Title

Flows Levels

Table Page Table Page

Supplementary Tables

Balance Sheet of Households and Nonprofit 

Organizations with Equity Detail B.101.e 139

Nonprofit Organizations F.101.a 140 L.101.a 141

Title Table Page

Integrated Macroeconomic Accounts for the United States

Total Economy -- Current Account S.1.a 142

Selected Aggregates for Total Economy and Sectors S.2.a 143

Households and Nonprofit Institutions Serving Households S.3.a 145

Nonfinancial Noncorporate Business S.4.a 148

Nonfinancial Corporate Business S.5.a 151

Financial Business S.6.a 154

Federal Government S.7.a 157

State and Local Governments S.8.a 160

Rest of the World S.9.a 163