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

Template No Data For use at 12:00 noon, eastern time

 May 24, 2024

Z.1

Financial Accounts 

of the United States

Flow of Funds, Balance Sheets,

and Integrated Macroeconomic Accounts

First Quarter 2024

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 RE 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

First Quarter 2024

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

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 RE S E R V E S Y S T E M

ix

Title Table Page

Summaries

Financial Accounts Matrix—Transactions 1

Financial Accounts Matrix—Levels 3

Debt Growth by Sector D.1 5

Borrowing by Sector D.2 6

Debt Outstanding by Sector D.3 7

Derivation of U.S. Net Wealth B.1 8

Distribution of Gross Domestic Product F.2 9

Distribution of National Income F.3 10

Saving and Investment F.4 11

Net Capital Transfers F.5 12

Derivation of Measures of Personal Saving F.6 13

Assets and Liabilities of the Personal Sector L.6 14

Title

Transactions Levels

Table Page Table Page

Sectors

Domestic Nonfinancial F.100 15 L.100 79

Households and Nonprofit Organizations F.101 16 L.101 80

Nonfinancial Business F.102 17 L.102 81

Nonfinancial Corporate Business F.103 18 L.103 82

Nonfinancial Noncorporate Business F.104 19 L.104 83

General Government F.105 20 L.105 84

Federal Government F.106 21 L.106 85

State and Local Governments F.107 22 L.107 86

Domestic Financial F.108 23 L.108 87

Monetary Authority F.109 24 L.109 88

Private Depository Institutions F.110 25 L.110 89

U.S.-Chartered Depository Institutions F.111 26 L.111 90

Foreign Banking Offices in U.S. F.112 27 L.112 91

Banks in U.S.-Affiliated Areas F.113 28 L.113 92

Credit Unions F.114 29 L.114 92

List of Data Tables
x

Sectors

Property-Casualty Insurance Companies F.115 29 L.115 93

Life Insurance Companies F.116 30 L.116 94

Life Insurance Companies: General Accounts F.116.g 31 L.116.g 95

Life Insurance Companies: Separate Accounts F.116.s 31 L.116.s 95

Private and Public Pension Funds F.117 32 L.117 96

Private Pension Funds F.118 33 L.118 97

Private Pension Funds: Defined Benefit Plans F.118.b 34 L.118.b 98

Private Pension Funds: Defined Contribution 

Plans F.118.c 34 L.118.c 98

Federal Government Employee Retirement Funds F.119 35 L.119 99

Federal Government Employee Retirement 

Funds: Defined Benefit Plans F.119.b 36 L.119.b 100

Federal Government Employee Retirement 

Funds: Defined Contribution Plans F.119.c 37 L.119.c 100

State and Local Government Employee Retirement 

Funds F.120 37 L.120 101

State and Local Government Employee 

Retirement Funds: Defined Benefit Plans F.120.b 38 L.120.b 102

State and Local Government Employee 

Retirement Funds: Defined Contribution 

Plans F.120.c 38 L.120.c 102

Money Market Funds F.121 39 L.121 103

Mutual Funds F.122 39 L.122 103

Closed-End Funds F.123 40 L.123 104

Exchange-Traded Funds F.124 40 L.124 104

Government-Sponsored Enterprises F.125 41 L.125 105

Agency- and GSE-Backed Mortgage Pools F.126 41 L.126 105

Issuers of Asset-Backed Securities F.127 42 L.127 106

Finance Companies F.128 43 L.128 107

Real Estate Investment Trusts (REITs) F.129 44 L.129 108

Equity Real Estate Investment Trusts F.129.e 45 L.129.e 109

Mortgage Real Estate Investment Trusts F.129.m 45 L.129.m 109

Security Brokers and Dealers F.130 46 L.130 110

Holding Companies F.131 47 L.131 111

Other Financial Business F.132 48 L.132 112

Rest of the World F.133 49 L.133 113
xi

Instruments

U.S. Official Reserve Assets and SDR Allocations F.200 50 L.200 114

Special Drawing Rights (SDRs) Certificates and Treasury 

Currency F.201 50 L.201 114

U.S. Deposits in Foreign Countries F.202 50 L.202 114

Net Interbank Transactions F.203 51 L.203 115

Checkable Deposits and Currency F.204 52 L.204 116

Time and Savings Deposits F.205 53 L.205 117

Money Market Fund Shares F.206 53 L.206 117

Federal Funds and Security Repurchase Agreements F.207 54 L.207 118

Debt Securities F.208 55 L.208 119

Open Market Paper F.209 56 L.209 120

Treasury Securities F.210 57 L.210 121

Agency- and GSE-Backed Securities F.211 58 L.211 122

Municipal Securities F.212 59 L.212 123

Corporate and Foreign Bonds F.213 60 L.213 124

Loans F.214 61 L.214 125

Depository Institution Loans Not Elsewhere Classified F.215 62 L.215 126

Other Loans and Advances F.216 63 L.216 127

Total Mortgages F.217 64 L.217 128

One-to-four-family Residential Mortgages F.218 65 L.218 129

Multifamily Residential Mortgages F.219 65 L.219 129

Commercial Mortgages F.220 66 L.220 130

Farm Mortgages F.221 66 L.221 130

Consumer Credit F.222 67 L.222 131

Direct Investment Intercompany Debt F.223 67 L.223 131

Corporate Equities F.224 68 L.224 132

Other Equity F.225 69 L.225 133

 Direct Investment Equity F.225.a 69 L.225.a 133

 Miscellaneous Other Equity F.225.b 70 F.225.b 134

Mutual Fund Shares F.226 71 L.226 135

Life Insurance Reserves F.228 72 L.228 136

Pension Entitlements F.229 72 L.229 136

Trade Credit F.230 73 L.230 137

Taxes Payable by Businesses F.231 73 F.231 137
xii

Instruments

Total Miscellaneous Financial Claims F.232 74 L.232 138

Identified Miscellaneous Financial Claims—Part I F.233 75 L.233 139

Identified Miscellaneous Financial Claims—Part II F.234 76 L.234 140

Unidentified Miscellaneous Financial Claims F.235 77 L.235 141

Sector Discrepancies F.7 78

Instrument Discrepancies F.8 78

Title

Balance Sheet Change in Net Worth

Table Page Table Page

Balance Sheet and Change in Net Worth

Households and Nonprofit Organizations B.101 142 R.101 145

Nonfinancial Corporate Business B.103 143 R.103 146

Nonfinancial Noncorporate Business B.104 144 R.104 147

Title Table Page

Supplementary Tables

Balance Sheet of Households B.101.h 148

Balance Sheet of Nonprofit Organizations B.101.n 149

Balance Sheet of Households and Nonprofit Organizations with Debt and Equity

Holdings Detail B.101.e 150

Balance Sheet of Domestic Hedge Funds B.101.f 151

Gross Fixed Investment F.4.g 152

Consumption of Fixed Capital F.4.c 153

Net Fixed Investment F.4.f 154

Net Stocks of Fixed Assets, current cost L.4.s 155
xiii

Title Table Page

Integrated Macroeconomic Accounts for the United States

Total Economy—Current Account S.1.a 156

Selected Aggregates for Total Economy and Sectors S.2.a 157

Households and Nonprofit Institutions Serving Households S.3.a 159

Nonfinancial Noncorporate Business S.4.a 162

Nonfinancial Corporate Business S.5.a 165

Financial Business S.6.a 168

Central Bank S.61.a 171

 Private Depository Institutions S.62.a 173

 Insurance Companies S.63.a 176

 Pension Funds S.64.a 179

 Other Financial Business S.65.a 182

Federal Government S.7.a 185

State and Local Governments S.8.a 188

Rest of the World S.9.a 191
Summary

1

Z.1, June 7, 2024 Financial Accounts Matrix--Transactions for 2023

(Billions of dollars; seasonally adjusted)

Households State Domestic Domestic Instrument

and Nonprofit Nonfinancial Federal and Local Nonfinancial Financial Rest of All DiscrepOrganziations Business Government Governments Sectors Sectors the World Sectors ancy

U S U S U S U S U S U S U S U S

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17)

1 Gross saving less net cap. transfers -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 2 Capital consumption -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 3 Net saving (1 less 2) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 4 Gross investment (5 plus 11) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 5 Capital expenditures -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 6 Consumer durables -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 7 Residential -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 8 Nonresidential -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 9 Inventory change -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 10 Nonproduced nonfinancial assets -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 11 Net lending (+) or net borrowing (-) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 12 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 13 Net increase in liabilities and equity -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 14 U.S. official reserve assets -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 15 SDR certificates -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 16 Treasury currency -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 17 Foreign deposits -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 18 Interbank claims -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 19 Checkable dep. and currency -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 20 Time and savings deposits -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 21 Money market fund shares -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 22 Fed. funds and security repos -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 23 Debt securities -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 24 Open market paper -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 25 Treasury securities -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 26 Agency- and GSE-backed sec. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 27 Municipal securities -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 28 Corporate and fgn. bonds -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 29 Loans -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 30 Depository inst. loans n.e.c. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 31 Other loans and advances -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 32 Mortgages -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 33 Consumer credit -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 34 U.S. direct investment: debt -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 35 Foreign direct investment: debt -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 36 Corporate equities -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 37 U.S. direct investment: equity -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 38 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 39 Miscellaneous other equity -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 40 Mutual fund shares -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 41 Life insurance reserves -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 42 Pension entitlements -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 43 Trade credit -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 44 Taxes payable -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 45 Miscellaneous -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 46 Sector discrepancies (1 less 4) -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- General Notes: U = use of funds; S = source of funds. Domestic nonfinancial sectors (columns 9 and 10) are households and nonprofit organizations, nonfinancial business, state and local governments, and federal government.
Summary

2

Z.1, June 7, 2024 Financial Accounts Matrix--Transactions

Households State Domestic Domestic Instrument

and Nonprofit Nonfinancial Federal and Local Nonfinancial Financial Rest of All DiscrepOrganziations Business Government Governments Sectors Sectors the World Sectors ancy

U S U S U S U S U S U S U S U S

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17)

1 Gross saving less net cap. transfers -- 156000105 -- 146000105 -- 316000105 -- 216000105 -- 386000105 -- 796000105 -- 266000105 -- 896000105 -- 2 Capital consumption -- 156300005 -- 146300005 -- 316300001 -- 216300001 -- 386300005 -- 796330005 -- -- -- 886300005 -- 3 Net saving (1 less 2) -- 156006305 -- 146006305 -- 316006305 -- 216006305 -- 386006305 -- 796006305 -- 266000105 -- 896006305 -- 4 Gross investment (5 plus 11) 155090005 -- 145090005 -- 315090005 -- 215090005 -- 385090005 -- 795090005 -- 265090005 -- 895090005 -- 9070050055 Capital expenditures 155050005 -- 145050005 -- 315050005 -- 215050005 -- 385050005 -- 795013005 -- 265420005 -- 895050005 -- 9060001056 Consumer durables 155111003 -- -- -- -- -- -- -- 155111003 -- -- -- -- -- 155111003 -- -- 7 Residential 155012005 -- 145012005 -- 315012065 -- 215012063 -- 385012005 -- -- -- -- -- 885012005 -- -- 8 Nonresidential 165013005 -- 145013005 -- 315013005 -- 215013005 -- 385013005 -- 795013005 -- -- -- 885013005 -- -- 9 Inventory change -- -- 145020005 -- -- -- -- -- 145020005 -- -- -- -- -- 145020005 -- -- 10 Nonproduced nonfinancial assets 155420003 -- 105420005 -- 315420003 -- 215420003 -- 385420005 -- -- -- 265420005 -- -- -- -- 11 Net lending (+) or net borrowing (-) 155000005 -- 145000005 -- 315000005 -- 215000005 -- 385000005 -- 795000005 -- 265000005 -- 895000005 -- 90500000512 Net acquisition of financial assets 154090005 -- 144090005 -- 314090005 -- 214090005 -- 384090005 -- 794090005 -- 264090005 -- 894090005 -- -- 13 Net increase in liabilities and equity -- 154190005 -- 144194005 -- 314190005 -- 214190005 -- 384194005 -- 794194005 -- 264194005 -- 894194005 -- 14 U.S. official reserve assets -- -- -- -- 313011005 313111303 -- -- 313011005 313111303 713011005 -- 263011005 263111005 893011005 893111005 -- 15 SDR certificates -- -- -- -- -- 713014003 -- -- -- 713014003 713014003 -- -- -- 713014003 713014003 -- 16 Treasury currency -- -- -- -- -- 313112003 -- -- -- 313112003 713012003 -- -- -- 713012003 313112003 90301200517 Foreign deposits 153091003 -- 103091003 -- -- -- -- -- 383091005 -- 793091005 -- -- 263191005 893091005 263191005 90309100518 Interbank claims -- -- -- -- -- -- -- -- -- -- 794010005 794110005 264016005 -- 894010005 794110005 90401000519 Checkable dep. and currency 153020005 -- 143020005 -- 313020005 -- 213020005 -- 383020005 -- 793020005 793120005 263020005 -- 893020005 793120005 90302000520 Time and savings deposits 153030005 -- 143030005 -- 313030003 -- 213030000 -- 383030005 -- 793030005 703130005 263030005 -- 703130005 703130005 -- 21 Money market fund shares 153034005 -- 143034005 -- -- -- 213034003 -- 383034005 -- 793034005 634090005 263034003 -- 634090005 634090005 -- 22 Fed. funds and security repos -- -- 102051003 -- -- -- 212051003 -- 382051005 -- 792050005 792150005 262051005 262151003 892050005 892150005 90205000523 Debt securities 154022005 163162003 144022005 104122005 314022005 314122005 214022005 213162005 384022005 384122005 794022005 794122005 264022005 264122005 894122005 894122005 -- 24 Open market paper -- -- 103069100 103169100 -- -- 213069103 -- 383069105 103169100 793069175 793169175 263069103 263169105 893169175 893169175 -- 25 Treasury securities 153061105 -- 143061105 -- -- 313161105 213061103 -- 383061105 313161105 793061105 -- 263061105 -- 313161105 313161105 -- 26 Agency- and GSE-backed sec. 153061705 -- 103061703 -- 313061703 313161705 213061703 -- 383061705 313161705 793061705 423161705 263061705 -- 893161705 893161705 -- 27 Municipal securities 153062005 163162003 143062005 103162000 -- -- 213062003 213162005 383062005 383162005 793062005 -- 263062003 -- 383162005 383162005 -- 28 Corporate and fgn. bonds 153063005 -- 123063003 103163005 313063763 -- 213063003 -- 383063005 103163005 793063005 793163005 263063005 263163005 893063005 893163005 -- 29 Loans 154023005 154123005 144023005 144123005 314023005 314123005 214023005 213169203 384023005 384123005 794023005 794123005 263069005 264123005 894123005 894123005 -- 30 Depository inst. loans n.e.c. -- 153168005 -- 143168005 -- -- -- -- -- 383168005 793068005 793168005 -- 263168005 793068005 793068005 -- 31 Other loans and advances 153069005 153169005 -- 143169005 313069005 313169005 213069200 213169203 383069005 383169005 793069005 793169005 263069005 263169005 893169005 893169005 -- 32 Mortgages 153065005 153165005 143065005 143165005 313065005 313165403 213065005 -- 383065005 383165005 793065005 -- -- -- 893065005 893065005 -- 33 Consumer credit 163066223 153166000 143066005 -- 313066220 -- -- -- 383066005 153166000 793066005 -- -- -- 153166000 153166000 -- 34 U.S. direct investment: debt -- -- 103092305 -- -- -- -- -- 103092305 -- 793092305 -- -- 263192305 263192305 263192305 -- 35 Foreign direct investment: debt -- -- -- 143192305 -- -- -- -- -- 143192305 -- 793192305 263092305 -- 263092305 263092305 -- 36 Corporate equities 153064105 -- 103064103 103164105 313064105 -- 213064103 -- 383064105 103164105 793064105 793164105 263064105 263164100 893064105 893064105 -- 37 U.S. direct investment: equity -- -- 103092105 -- -- -- -- -- 103092105 -- 793092105 -- -- 263192101 263192101 263192101 -- 38 Foreign direct investment: equity -- -- -- 143192105 -- -- -- -- -- 143192105 -- 793192105 263092101 -- 263092101 263092101 -- 39 Miscellaneous other equity 153081115 -- 143092405 112090205 313081115 -- -- -- 383094905 112090205 793094905 793194905 -- 313092803 893194905 893194905 -- 40 Mutual fund shares 153064205 -- 103064203 -- -- -- 213064203 -- 383064205 -- 793064205 653164205 263064203 -- 653164205 653164205 -- 41 Life insurance reserves 153040005 -- -- -- -- 313140003 -- -- 153040005 313140003 793040005 543140005 543141905 263140005 893140005 893140005 -- 42 Pension entitlements 153050005 -- -- -- -- -- -- -- 153050005 -- 543050005 583150005 543151905 263150005 893150005 893150005 -- 43 Trade credit 163070005 163170005 143070005 143170005 313070000 313170005 213070003 213170003 383070005 383170005 793070005 793170005 263070005 263170005 893070005 893170005 90307000544 Taxes payable -- -- -- 143178005 313078000 -- 213078005 -- 383078005 143178005 -- 793178005 -- -- 893078005 893178005 90307800545 Miscellaneous 153090005 543077073 143090005 143190005 313091105 313190005 213093003 223073045 383090005 383190005 793090005 793190005 263090005 263190005 893090005 893190005 90309000546 Sector discrepancies (1 less 4) 157005005 -- 107005005 -- 317005005 -- 217005005 -- 387005005 -- 797005005 -- 267005005 -- 897005005 -- 907005005General Notes: U = use of funds; S = source of funds. Domestic nonfinancial sectors (columns 9 and 10) are households and nonprofit organizations, nonfinancial business, state and local governments, and federal government.
Summary

3

Z.1, June 7, 2024 Financial Accounts Matrix--Levels for 2023

(Billions of dollars; amounts outstanding end of period, not seasonally adjusted)

Households State Domestic Domestic Instrument

and Nonprofit Nonfinancial Federal and Local Nonfinancial Financial Rest of All DiscrepOrganizations Business Government Governments Sectors Sectors the World Sectors ancy

A L A L A L A L A L A L A L A L

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17)

1 Total financial assets -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 2 Total liabilities and equity -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 3 Total liabilities -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 4 U.S. official reserve assets -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 5 SDR certificates -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 6 Treasury currency -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 7 Foreign deposits -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 8 Interbank claims -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 9 Checkable dep. and currency -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 10 Time and savings deposits -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 11 Money market fund shares -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 12 Fed. Funds and security repos -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 13 Debt securities -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 14 Open market paper -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 15 Treasury securities -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 16 Agency- and GSE-backed sec. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 17 Municipal securities -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 18 Corporate and fgn. bonds -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 19 Loans -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 20 Depository inst. loans n.e.c. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 21 Other loans and advances -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 22 Mortgages -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 23 Consumer credit -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 24 U.S. direct investment: debt -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 25 Foreign direct investment: debt -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 26 Corporate equities -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 27 U.S. direct investment: equity -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 28 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 29 Miscellaneous other equity -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 30 Mutual fund shares -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 31 Life insurance reserves -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 32 Pension entitlements -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 33 Trade credit -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 34 Taxes payable -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- 35 Miscellaneous -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- General notes: A = assets; L = liabilities. Domestic nonfinancial sectors (columns 9 and 10) are households and nonprofit organizations, nonfinancial business, state and local governments, and federal government. Equity included in line 2 is the sum of corporate equities (line 24), equity in noncorporate business (line 30), and foreign direct investment in the U.S. (FDI) equity (line 34) for domestic sectors or U.S. direct investment abroad equity for the rest of the world (line 32). The matrix shows a discrepancy in column 17 for monetary gold (line 4) because by international accounting convention, monetary gold is a financial asset without a corresponding liability.
Summary

4 Z.1, June 7, 2024 Financial Accounts Matrix--Levels

Households State Domestic Domestic Instrument

and Nonprofit Nonfinancial Federal and Local Nonfinancial Financial Rest of All DiscrepOrganizations Business Government Governments Sectors Sectors the World Sectors ancy

A L A L A L A L A L A L A L A L

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17)

1 Total financial assets 154090005 -- 144090005 -- 314090005 -- 214090005 -- 384090005 -- 794090005 -- 264090005 -- 894090005 -- 9070050152 Total liabilities and equity -- 154190005 -- 144194005 -- 314190005 -- 214190005 -- 384194005 -- 794194005 -- 264194005 -- 894194005 -- 3 Total liabilities -- 154190005 -- 144190005 -- 314190005 -- 214190005 -- 384190005 -- 794190005 -- 264190005 -- 894190005 -- 4 U.S. official reserve assets -- -- -- -- 313011005 313111303 -- -- 313011005 313111303 713011005 -- 263011005 263111005 893011005 893111005 9030110055 SDR certificates -- -- -- -- -- 713014003 -- -- -- 713014003 713014003 -- -- -- 713014003 713014003 -- 6 Treasury currency -- -- -- -- -- 313112003 -- -- -- 313112003 713012003 -- -- -- 713012003 313112003 9030120057 Foreign deposits 153091003 -- 103091003 -- -- -- -- -- 383091005 -- 793091005 -- -- 263191005 893091005 263191005 9030910058 Interbank claims -- -- -- -- -- -- -- -- -- -- 794010005 794110005 264016005 -- 894010005 794110005 9040100059 Checkable dep. and currency 153020005 -- 143020005 -- 313020005 -- 213020005 -- 383020005 -- 793020005 793120005 263020005 -- 893020005 793120005 90302000510 Time and savings deposits 153030005 -- 143030005 -- 313030003 -- 213030000 -- 383030005 -- 793030005 703130005 263030005 -- 703130005 703130005 -- 11 Money market fund shares 153034005 -- 143034005 -- -- -- 213034003 -- 383034005 -- 793034005 634090005 263034003 -- 634090005 634090005 -- 12 Fed. Funds and security repos -- -- 102051003 -- -- -- 212051003 -- 382051005 -- 792050005 792150005 262051005 262151003 892050005 892150005 90205000513 Debt securities 154022005 163162003 144022005 104122005 314022005 314122005 214022005 213162005 384022005 384122005 794022005 794122005 264022005 264122005 894022005 894122005 90402200514 Open market paper -- -- 103069100 103169100 -- -- 213069103 -- 383069105 103169100 793069175 793169175 263069103 263169105 893169175 893169175 -- 15 Treasury securities 153061105 -- 143061105 -- -- 313161105 213061103 -- 383061105 313161105 793061105 -- 263061105 -- 893061105 313161105 90306110316 Agency- and GSE-backed sec. 153061705 -- 103061703 -- 313061703 313161705 213061703 -- 383061705 313161705 793061705 423161705 263061705 -- 893061705 893161705 90306170317 Municipal securities 153062005 163162003 143062005 103162000 -- -- 213062003 213162005 383062005 383162005 793062005 -- 263062003 -- 893062005 383162005 90306200318 Corporate and fgn. bonds 153063005 -- 123063003 103163005 313063763 -- 213063003 -- 383063005 103163005 793063005 793163005 263063005 263163005 893063005 893163005 90306300319 Loans 154023005 154123005 144023005 144123005 314023005 314123005 214023005 213169203 384023005 384123005 794023005 794123005 263069005 264123005 894123005 894123005 -- 20 Depository inst. loans n.e.c. -- 153168005 -- 143168005 -- -- -- -- -- 383168005 793068005 793168005 -- 263168005 793068005 793068005 -- 21 Other loans and advances 153069005 153169005 -- 143169005 313069005 313169005 213069200 213169203 383069005 383169005 793069005 793169005 263069005 263169005 893169005 893169005 -- 22 Mortgages 153065005 153165005 143065005 143165005 313065005 313165403 213065005 -- 383065005 383165005 793065005 -- -- -- 893065005 893065005 -- 23 Consumer credit 163066223 153166000 143066005 -- 313066220 -- -- -- 383066005 153166000 793066005 -- -- -- 153166000 153166000 -- 24 U.S. direct investment: debt -- -- 103092305 -- -- -- -- -- 103092305 -- 793092305 -- -- 263192305 263192305 263192305 -- 25 Foreign direct investment: debt -- -- -- 143192305 -- -- -- -- -- 143192305 -- 793192305 263092305 -- 263092305 263092305 -- 26 Corporate equities 153064105 -- 103064103 103164105 313064105 -- 213064103 -- 383064105 103164105 793064105 793164105 263064105 263164100 893064105 893064105 -- 27 U.S. direct investment: equity -- -- 103092105 -- -- -- -- -- 103092105 -- 793092105 -- -- 263192101 263192101 263192101 -- 28 Foreign direct investment: equity -- -- -- 143192105 -- -- -- -- -- 143192105 -- 793192105 263092101 -- 263092101 263092101 -- 29 Miscellaneous other equity 153081115 -- 143092405 112090205 313081115 -- -- -- 383094905 112090205 793094905 793194905 -- 313092803 893194905 893194905 -- 30 Mutual fund shares 153064205 -- 103064203 -- -- -- 213064203 -- 383064205 -- 793064205 653164205 263064203 -- 653164205 653164205 -- 31 Life insurance reserves 153040005 -- -- -- -- 313140003 -- -- 153040005 313140003 793040005 543140005 543141905 263140005 893140005 893140005 -- 32 Pension entitlements 153050005 -- -- -- -- -- -- -- 153050005 -- 543050005 583150005 543151905 263150005 893150005 893150005 -- 33 Trade credit 163070005 163170005 143070005 143170005 313070000 313170005 213070003 213170003 383070005 383170005 793070005 793170005 263070005 263170005 893070005 893170005 90307000534 Taxes payable -- -- -- 143178005 313078000 -- 213078005 -- 383078005 143178005 -- 793178005 -- -- 893078005 893178005 90307800535 Miscellaneous 153090005 543077073 143090005 143190005 313091105 313190005 213093003 223073045 383090005 383190005 793090005 793190005 263090005 263190005 893090005 893190005 903090005General notes: A = assets; L = liabilities. Domestic nonfinancial sectors (columns 9 and 10) are households and nonprofit organizations, nonfinancial business, state and local governments, and federal government. Equity included in line 2 is the sum of corporate equities (line 24), equity in noncorporate business (line 30), and foreign direct investment in the U.S. (FDI) equity (line 34) for domestic sectors or U.S. direct investment abroad equity for the rest of the world (line 32). The matrix shows a discrepancy in column 17 for monetary gold (line 4) because by international accounting convention, monetary gold is a financial asset without a corresponding liability.
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D.1 Debt Growth by Sector 1

In percent; quarterly figures are seasonally adjusted annual rates 

Domestic nonfinancial sectors

 Households Business State and Domestic Rest

One-to-four-family Consumer Federal local financial of the

Total Total res. mortgages credit Total Corporate government governments sectors world

 FG384104005 FG154104005 FG153165105 FG153166000 FG144104005 FG104104005 FG314104005 FG214104005 FG794104005 FG264104005

1989 -- -- -- -- -- -- -- -- -- --

1990 -- -- -- -- -- -- -- -- -- --

1991 -- -- -- -- -- -- -- -- -- --

1992 -- -- -- -- -- -- -- -- -- --

1993 -- -- -- -- -- -- -- -- -- --

1994 -- -- -- -- -- -- -- -- -- --

1995 -- -- -- -- -- -- -- -- -- --

1996 -- -- -- -- -- -- -- -- -- --

1997 -- -- -- -- -- -- -- -- -- --

1998 -- -- -- -- -- -- -- -- -- --

1999 -- -- -- -- -- -- -- -- -- --

2000 -- -- -- -- -- -- -- -- -- --

2001 -- -- -- -- -- -- -- -- -- --

2002 -- -- -- -- -- -- -- -- -- --

2003 -- -- -- -- -- -- -- -- -- --

2004 -- -- -- -- -- -- -- -- -- --

2005 -- -- -- -- -- -- -- -- -- --

2006 -- -- -- -- -- -- -- -- -- --

2007 -- -- -- -- -- -- -- -- -- --

2008 -- -- -- -- -- -- -- -- -- --

2009 -- -- -- -- -- -- -- -- -- --

2010 -- -- -- -- -- -- -- -- -- --

2011 -- -- -- -- -- -- -- -- -- --

2012 -- -- -- -- -- -- -- -- -- --

2013 -- -- -- -- -- -- -- -- -- --

2014 -- -- -- -- -- -- -- -- -- --

2015 -- -- -- -- -- -- -- -- -- --

2016 -- -- -- -- -- -- -- -- -- --

2017 -- -- -- -- -- -- -- -- -- --

2018 -- -- -- -- -- -- -- -- -- --

2019 -- -- -- -- -- -- -- -- -- --

2020 -- -- -- -- -- -- -- -- -- --

2021 -- -- -- -- -- -- -- -- -- --

2022 -- -- -- -- -- -- -- -- -- --

2023 -- -- -- -- -- -- -- -- -- --

2018 -- Q1 -- -- -- -- -- -- -- -- -- --

 Q2 -- -- -- -- -- -- -- -- -- --

 Q3 -- -- -- -- -- -- -- -- -- --

 Q4 -- -- -- -- -- -- -- -- -- --

2019 -- Q1 -- -- -- -- -- -- -- -- -- --

 Q2 -- -- -- -- -- -- -- -- -- --

 Q3 -- -- -- -- -- -- -- -- -- --

 Q4 -- -- -- -- -- -- -- -- -- --

2020 -- Q1 -- -- -- -- -- -- -- -- -- --

 Q2 -- -- -- -- -- -- -- -- -- --

 Q3 -- -- -- -- -- -- -- -- -- --

 Q4 -- -- -- -- -- -- -- -- -- --

2021 -- Q1 -- -- -- -- -- -- -- -- -- --

 Q2 -- -- -- -- -- -- -- -- -- --

 Q3 -- -- -- -- -- -- -- -- -- --

 Q4 -- -- -- -- -- -- -- -- -- --

2022 -- Q1 -- -- -- -- -- -- -- -- -- --

 Q2 -- -- -- -- -- -- -- -- -- --

 Q3 -- -- -- -- -- -- -- -- -- --

 Q4 -- -- -- -- -- -- -- -- -- --

2023 -- Q1 -- -- -- -- -- -- -- -- -- --

 Q2 -- -- -- -- -- -- -- -- -- --

 Q3 -- -- -- -- -- -- -- -- -- --

 Q4 -- -- -- -- -- -- -- -- -- --

2024 -- Q1 -- -- -- -- -- -- -- -- -- --

1. Debt securities and loans. Data shown are on an end-of-period basis.
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D.2 Borrowing by Sector 1

Billions of dollars; quarterly figures are seasonally adjusted annual rates 

Domestic nonfinancial sectors

 Households Business State and Domestic Rest 

One-to-four-family Consumer Federal local financial of the

Total Total res. mortgages credit Total Corporate government governments sectors world

 FA384104005 FA154104005 FA153165105 FA153166000 FA144104005 FA104104005 FA314104005 FA214104005 FA794104005 FA264104005

1989 -- -- -- -- -- -- -- -- -- --

1990 -- -- -- -- -- -- -- -- -- --

1991 -- -- -- -- -- -- -- -- -- --

1992 -- -- -- -- -- -- -- -- -- --

1993 -- -- -- -- -- -- -- -- -- --

1994 -- -- -- -- -- -- -- -- -- --

1995 -- -- -- -- -- -- -- -- -- --

1996 -- -- -- -- -- -- -- -- -- --

1997 -- -- -- -- -- -- -- -- -- --

1998 -- -- -- -- -- -- -- -- -- --

1999 -- -- -- -- -- -- -- -- -- --

2000 -- -- -- -- -- -- -- -- -- --

2001 -- -- -- -- -- -- -- -- -- --

2002 -- -- -- -- -- -- -- -- -- --

2003 -- -- -- -- -- -- -- -- -- --

2004 -- -- -- -- -- -- -- -- -- --

2005 -- -- -- -- -- -- -- -- -- --

2006 -- -- -- -- -- -- -- -- -- --

2007 -- -- -- -- -- -- -- -- -- --

2008 -- -- -- -- -- -- -- -- -- --

2009 -- -- -- -- -- -- -- -- -- --

2010 -- -- -- -- -- -- -- -- -- --

2011 -- -- -- -- -- -- -- -- -- --

2012 -- -- -- -- -- -- -- -- -- --

2013 -- -- -- -- -- -- -- -- -- --

2014 -- -- -- -- -- -- -- -- -- --

2015 -- -- -- -- -- -- -- -- -- --

2016 -- -- -- -- -- -- -- -- -- --

2017 -- -- -- -- -- -- -- -- -- --

2018 -- -- -- -- -- -- -- -- -- --

2019 -- -- -- -- -- -- -- -- -- --

2020 -- -- -- -- -- -- -- -- -- --

2021 -- -- -- -- -- -- -- -- -- --

2022 -- -- -- -- -- -- -- -- -- --

2023 -- -- -- -- -- -- -- -- -- --

2018 -- Q1 -- -- -- -- -- -- -- -- -- --

 Q2 -- -- -- -- -- -- -- -- -- --

 Q3 -- -- -- -- -- -- -- -- -- --

 Q4 -- -- -- -- -- -- -- -- -- --

2019 -- Q1 -- -- -- -- -- -- -- -- -- --

 Q2 -- -- -- -- -- -- -- -- -- --

 Q3 -- -- -- -- -- -- -- -- -- --

 Q4 -- -- -- -- -- -- -- -- -- --

2020 -- Q1 -- -- -- -- -- -- -- -- -- --

 Q2 -- -- -- -- -- -- -- -- -- --

 Q3 -- -- -- -- -- -- -- -- -- --

 Q4 -- -- -- -- -- -- -- -- -- --

2021 -- Q1 -- -- -- -- -- -- -- -- -- --

 Q2 -- -- -- -- -- -- -- -- -- --

 Q3 -- -- -- -- -- -- -- -- -- --

 Q4 -- -- -- -- -- -- -- -- -- --

2022 -- Q1 -- -- -- -- -- -- -- -- -- --

 Q2 -- -- -- -- -- -- -- -- -- --

 Q3 -- -- -- -- -- -- -- -- -- --

 Q4 -- -- -- -- -- -- -- -- -- --

2023 -- Q1 -- -- -- -- -- -- -- -- -- --

 Q2 -- -- -- -- -- -- -- -- -- --

 Q3 -- -- -- -- -- -- -- -- -- --

 Q4 -- -- -- -- -- -- -- -- -- --

2024 -- Q1 -- -- -- -- -- -- -- -- -- --

(1) Debt securities and loans.
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D.3 Debt Outstanding by Sector 1

Billions of dollars; quarterly figures are seasonally adjusted 

Domestic nonfinancial sectors

 Households Business State and Domestic Rest

One-to-four-family Consumer Federal local financial of the

Total Total res. mortgages credit Total Corporate government governments sectors world

 LA384104005 LA154104005 LA153165105 LA153166000 LA144104005 LA104104005 LA314104005 LA214104005 LA794104005 LA264104005

1989 -- -- -- -- -- -- -- -- -- --

1990 -- -- -- -- -- -- -- -- -- --

1991 -- -- -- -- -- -- -- -- -- --

1992 -- -- -- -- -- -- -- -- -- --

1993 -- -- -- -- -- -- -- -- -- --

1994 -- -- -- -- -- -- -- -- -- --

1995 -- -- -- -- -- -- -- -- -- --

1996 -- -- -- -- -- -- -- -- -- --

1997 -- -- -- -- -- -- -- -- -- --

1998 -- -- -- -- -- -- -- -- -- --

1999 -- -- -- -- -- -- -- -- -- --

2000 -- -- -- -- -- -- -- -- -- --

2001 -- -- -- -- -- -- -- -- -- --

2002 -- -- -- -- -- -- -- -- -- --

2003 -- -- -- -- -- -- -- -- -- --

2004 -- -- -- -- -- -- -- -- -- --

2005 -- -- -- -- -- -- -- -- -- --

2006 -- -- -- -- -- -- -- -- -- --

2007 -- -- -- -- -- -- -- -- -- --

2008 -- -- -- -- -- -- -- -- -- --

2009 -- -- -- -- -- -- -- -- -- --

2010 -- -- -- -- -- -- -- -- -- --

2011 -- -- -- -- -- -- -- -- -- --

2012 -- -- -- -- -- -- -- -- -- --

2013 -- -- -- -- -- -- -- -- -- --

2014 -- -- -- -- -- -- -- -- -- --

2015 -- -- -- -- -- -- -- -- -- --

2016 -- -- -- -- -- -- -- -- -- --

2017 -- -- -- -- -- -- -- -- -- --

2018 -- -- -- -- -- -- -- -- -- --

2019 -- -- -- -- -- -- -- -- -- --

2020 -- -- -- -- -- -- -- -- -- --

2021 -- -- -- -- -- -- -- -- -- --

2022 -- -- -- -- -- -- -- -- -- --

2023 -- -- -- -- -- -- -- -- -- --

2018 -- Q1 -- -- -- -- -- -- -- -- -- --

 Q2 -- -- -- -- -- -- -- -- -- --

 Q3 -- -- -- -- -- -- -- -- -- --

 Q4 -- -- -- -- -- -- -- -- -- --

2019 -- Q1 -- -- -- -- -- -- -- -- -- --

 Q2 -- -- -- -- -- -- -- -- -- --

 Q3 -- -- -- -- -- -- -- -- -- --

 Q4 -- -- -- -- -- -- -- -- -- --

2020 -- Q1 -- -- -- -- -- -- -- -- -- --

 Q2 -- -- -- -- -- -- -- -- -- --

 Q3 -- -- -- -- -- -- -- -- -- --

 Q4 -- -- -- -- -- -- -- -- -- --

2021 -- Q1 -- -- -- -- -- -- -- -- -- --

 Q2 -- -- -- -- -- -- -- -- -- --

 Q3 -- -- -- -- -- -- -- -- -- --

 Q4 -- -- -- -- -- -- -- -- -- --

2022 -- Q1 -- -- -- -- -- -- -- -- -- --

 Q2 -- -- -- -- -- -- -- -- -- --

 Q3 -- -- -- -- -- -- -- -- -- --

 Q4 -- -- -- -- -- -- -- -- -- --

2023 -- Q1 -- -- -- -- -- -- -- -- -- --

 Q2 -- -- -- -- -- -- -- -- -- --

 Q3 -- -- -- -- -- -- -- -- -- --

 Q4 -- -- -- -- -- -- -- -- -- --

2024 -- Q1 -- -- -- -- -- -- -- -- -- --

(1) Debt securities and loans. Data are shown on an end-of-period basis.
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B.1 Derivation of U.S. Net Wealth

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL892090005 U.S. net wealth (1) -- -- -- -- -- -- -- -- -- 1

 2 LM152010005 Households’ direct holdings of nonfinancial assets -- -- -- -- -- -- -- -- -- 2

 3 LM155035005 Real estate -- -- -- -- -- -- -- -- -- 3

 4 LM165015205 Equipment (nonprofits) -- -- -- -- -- -- -- -- -- 4

 5 LM165013765 Intellectual property products (nonprofits) -- -- -- -- -- -- -- -- -- 5

 6 LM155111005 Consumer durable goods -- -- -- -- -- -- -- -- -- 6

 7 LM112010005 Nonfin. noncorporate businesses nonfinancial assets -- -- -- -- -- -- -- -- -- 7

 8 LM115035005 Real estate -- -- -- -- -- -- -- -- -- 8

 9 LM115015205 Equipment -- -- -- -- -- -- -- -- -- 9

 10 LM115013765 Intellectual property products -- -- -- -- -- -- -- -- -- 10

 11 LM115020005 Inventories -- -- -- -- -- -- -- -- -- 11

 12 LM662090003 Fin. noncorporate businesses nonfinancial assets (2) -- -- -- -- -- -- -- -- -- 12

 13 LM882010405 Domestic corporations’ nonfinancial assets -- -- -- -- -- -- -- -- -- 13

 14 LM102010405 Nonfinancial corporations’ nonfinancial assets (3) -- -- -- -- -- -- -- -- -- 14

 15 LM792010405 Financial corporations’ nonfinancial assets (3) -- -- -- -- -- -- -- -- -- 15

 16 LM315015005 Federal government nonfinancial assets (4) -- -- -- -- -- -- -- -- -- 16

 17 LM315015605 Structures -- -- -- -- -- -- -- -- -- 17

 18 LM315013265 Equipment -- -- -- -- -- -- -- -- -- 18

 19 LM315013765 Intellectual property products -- -- -- -- -- -- -- -- -- 19

 20 LM212010095 State and local governments nonfinancial assets (4) -- -- -- -- -- -- -- -- -- 20

 21 LM215015605 Structures -- -- -- -- -- -- -- -- -- 21

 22 LM215013265 Equipment -- -- -- -- -- -- -- -- -- 22

 23 LM215013765 Intellectual property products -- -- -- -- -- -- -- -- -- 23

 24 FL882090265 Net U.S. financial claims on the rest of the world -- -- -- -- -- -- -- -- -- 24

 25 FL264194005 U.S. financial claims on the rest of the world -- -- -- -- -- -- -- -- -- 25

 26 LM263164100 U.S. holdings of foreign corporate equities -- -- -- -- -- -- -- -- -- 26

 27 FL264194035 Other U.S. financial claims -- -- -- -- -- -- -- -- -- 27

 28 FL264090005 Less: Foreign financial claims on U.S. -- -- -- -- -- -- -- -- -- 28

 29 LM263064105 Foreign holdings of U.S. corporate equities -- -- -- -- -- -- -- -- -- 29

 30 FL264090035 Other foreign financial claims -- -- -- -- -- -- -- -- -- 30

 Memo:

 31 FL892090005 A. U.S. net wealth (line 1) -- -- -- -- -- -- -- -- -- 31

 32 FC892090005 Change in U.S. net wealth -- -- -- -- -- -- -- -- -- 32

 33 PC892090005 Percent change in U.S. net wealth -- -- -- -- -- -- -- -- -- 33

 34 FL152090005 B. Household net worth (5) -- -- -- -- -- -- -- -- -- 34

 35 FC152090005 Change in household net worth -- -- -- -- -- -- -- -- -- 35

 36 PC152090005 Percent change in household net worth -- -- -- -- -- -- -- -- -- 36

(1) U.S. net wealth measures the value of tangible assets controlled by the household and nonprofit organizations, nonfinancial and financial business, and government sectors of the U.S. economy,

 net of U.S. financial obligations to the rest of the world (sum of lines 2+7+12+13+16+20+24).

(2) Assumed to be equal to proprietors’ equity in noncorporate brokers and dealers.

(3) Estimated as the market value of corporate equity, plus foreign direct investment: equity, plus miscellaneous other equity (excluding proprietors’ equity), plus total liabilities, less total financial assets.

(4) Excludes land and nonproduced nonfinancial assets.

(5) Household net worth is calculated as the difference between total assets and liabilities of the household and nonprofit organizations sector. See table B.101.
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F.2 Distribution of Gross Domestic Product (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA086902005 Gross domestic product (GDP) -- -- -- -- -- -- -- -- -- 1

 2 FA156901001 Personal consumption expenditures (2) -- -- -- -- -- -- -- -- -- 2

 3 FA155011001 Durable goods -- -- -- -- -- -- -- -- -- 3

 4 FA156901035 Nondurable goods -- -- -- -- -- -- -- -- -- 4

 5 FA156901041 Services -- -- -- -- -- -- -- -- -- 5

 6 FA835019905 Gross private domestic investment -- -- -- -- -- -- -- -- -- 6

 7 FA835019005 Fixed investment (3) -- -- -- -- -- -- -- -- -- 7

 8 FA835013001 Nonresidential -- -- -- -- -- -- -- -- -- 8

 9 FA165013005 Nonprofit organizations (4) -- -- -- -- -- -- -- -- -- 9

 10 FA105013005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 10

 11 FA115013005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 11

 12 FA795013005 Financial institutions -- -- -- -- -- -- -- -- -- 12

 13 FA835012001 Residential -- -- -- -- -- -- -- -- -- 13

 14 FA155012005 Household sector -- -- -- -- -- -- -- -- -- 14

 15 FA105012005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 15

 16 FA115012005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 16

 17 FA145020005 Change in private inventories -- -- -- -- -- -- -- -- -- 17

 18 FA105020005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 18

 19 FA115020005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 19

 20 FA266903005 Net U.S. exports of goods and services -- -- -- -- -- -- -- -- -- 20

 21 FA266903011 Exports -- -- -- -- -- -- -- -- -- 21

 22 FA266903001 - Imports -- -- -- -- -- -- -- -- -- 22

 Government consumption expenditures and

 23 FA366902005 gross investment -- -- -- -- -- -- -- -- -- 23

 24 FA366901005 Consumption expenditures (5) -- -- -- -- -- -- -- -- -- 24

 25 FA316901001 Federal -- -- -- -- -- -- -- -- -- 25

 26 FA216901001 State and local -- -- -- -- -- -- -- -- -- 26

 27 FA365019005 Gross investment (5) -- -- -- -- -- -- -- -- -- 27

 28 FA315019001 Federal -- -- -- -- -- -- -- -- -- 28

 29 FA215019001 State and local -- -- -- -- -- -- -- -- -- 29

 Memo:

 30 FA266904005 Net U.S. income receipts from rest of world -- -- -- -- -- -- -- -- -- 30

 31 FA266904001 U.S. income receipts -- -- -- -- -- -- -- -- -- 31

 32 FA266904101 - U.S. income payments -- -- -- -- -- -- -- -- -- 32

 Gross national product (GNP) =

 33 FA086902105 GDP + net U.S. income receipts -- -- -- -- -- -- -- -- -- 33

 Acquisition of nonproduced nonfinancial assets (net)

 34 FA155420003 Household sector -- -- -- -- -- -- -- -- -- 34

 35 FA105420005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 35

 36 FA315420003 Federal government -- -- -- -- -- -- -- -- -- 36

 37 FA215420003 State and local governments -- -- -- -- -- -- -- -- -- 37

 38 FA265420005 Rest of the world -- -- -- -- -- -- -- -- -- 38

(1) This table is based on NIPA table 1.1.5 in the Survey of Current Business, Bureau of Economic Analysis (www.bea.gov).

(2) Component of personal outlays, found on table F.101, line 4.

(3) Structures, equipment, and intellectual property products.

(4) Included in the households and nonprofit organizations sector (table F.101).

(5) Government inventory investment is included in consumption expenditures.
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F.3 Distribution of National Income (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA086010005 National income -- -- -- -- -- -- -- -- -- 1

 2 FA156025105 Compensation of employees -- -- -- -- -- -- -- -- -- 2

 3 FA156020101 Wages and salaries -- -- -- -- -- -- -- -- -- 3

 4 FA156401101 Supplements to wages and salaries -- -- -- -- -- -- -- -- -- 4

 5 FA146111105 Proprietors’ income with IVA and CCAdj -- -- -- -- -- -- -- -- -- 5

 6 FA116112101 Rental income of persons with CCAdj -- -- -- -- -- -- -- -- -- 6

 7 FA096060035 Corporate profits with IVA and CCAdj -- -- -- -- -- -- -- -- -- 7

 8 FA096060025 Corporate profits with IVA -- -- -- -- -- -- -- -- -- 8

 9 FA096060005 Profits before tax -- -- -- -- -- -- -- -- -- 9

 10 FA106060005 Domestic nonfinancial -- -- -- -- -- -- -- -- -- 10

 11 FA796060005 Domestic financial -- -- -- -- -- -- -- -- -- 11

 12 FA266060005 Rest of the world -- -- -- -- -- -- -- -- -- 12

 Less:

 13 FA096231001 Taxes on corporate income -- -- -- -- -- -- -- -- -- 13

 14 FA106231005 Domestic nonfinancial -- -- -- -- -- -- -- -- -- 14

 15 FA796231003 Domestic financial -- -- -- -- -- -- -- -- -- 15

 Equals:

 16 FA096060015 Profits after tax -- -- -- -- -- -- -- -- -- 16

 17 FA096121073 Net dividends -- -- -- -- -- -- -- -- -- 17

 18 FA106121075 Domestic nonfinancial -- -- -- -- -- -- -- -- -- 18

 19 FA796121073 Domestic financial -- -- -- -- -- -- -- -- -- 19

 20 FA266121073 Rest of the world -- -- -- -- -- -- -- -- -- 20

 21 FA096006401 Undistributed profits -- -- -- -- -- -- -- -- -- 21

 22 FA106006405 Domestic nonfinancial -- -- -- -- -- -- -- -- -- 22

 23 FA796006403 Domestic financial -- -- -- -- -- -- -- -- -- 23

 24 FA266006403 Rest of the world -- -- -- -- -- -- -- -- -- 24

 25 FA105020601 Inventory valuation adjustment (IVA) -- -- -- -- -- -- -- -- -- 25

 26 FA096310003 Capital consumption adjustment (CCAdj) -- -- -- -- -- -- -- -- -- 26

 27 FA106310005 Domestic nonfinancial -- -- -- -- -- -- -- -- -- 27

 28 FA796310003 Domestic financial -- -- -- -- -- -- -- -- -- 28

 29 FA086130003 Net interest and miscellaneous payments -- -- -- -- -- -- -- -- -- 29

 30 FA366240005 Taxes on production and imports -- -- -- -- -- -- -- -- -- 30

 31 FA366402005 Less: Subsidies -- -- -- -- -- -- -- -- -- 31

 32 FA146403005 Business current transfer payments (net) -- -- -- -- -- -- -- -- -- 32

 33 FA156403101 To persons (net) -- -- -- -- -- -- -- -- -- 33

 34 FA366403145 To government (net) -- -- -- -- -- -- -- -- -- 34

 35 FA266403101 To rest of the world (net) -- -- -- -- -- -- -- -- -- 35

 36 FA366402105 Current surplus of government enterprises -- -- -- -- -- -- -- -- -- 36

 Memo:

 Calculation of gross domestic product

 from National income:

 37 FA086010005 National Income, from line 1 above -- -- -- -- -- -- -- -- -- 37

 Plus:

 38 FA836300005 Private consumption of fixed capital -- -- -- -- -- -- -- -- -- 38

 39 FA366300005 Government consumption of fixed capital -- -- -- -- -- -- -- -- -- 39

 40 FA087005005 Statistical discrepancy -- -- -- -- -- -- -- -- -- 40

 Less:

 41 FA266904005 Net U.S. income receipts from rest of world -- -- -- -- -- -- -- -- -- 41

 Equals:

 42 FA086902005 Gross domestic product (2) -- -- -- -- -- -- -- -- -- 42

(1) This table corresponds to NIPA table 1.12 in the Survey of Current Business, Bureau of Economic Analysis (www.bea.gov).

(2) The relationship of National income (line 37) to Gross domestic product (line 42) is shown on NIPA table 1.7.5 in the Survey of Current Business, Bureau of Economic Analysis.
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F.4 Saving and Investment by Sector (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA886000115 Gross saving -- -- -- -- -- -- -- -- -- 1

 2 FA896006005 Net saving -- -- -- -- -- -- -- -- -- 2

 3 FA836006005 Net private saving -- -- -- -- -- -- -- -- -- 3

 4 FA826006005 Domestic business -- -- -- -- -- -- -- -- -- 4

 5 FA106012005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 5

 6 FA796012005 Financial business -- -- -- -- -- -- -- -- -- 6

 7 FA156006005 Households and institutions -- -- -- -- -- -- -- -- -- 7

 8 FA366006005 Net government saving -- -- -- -- -- -- -- -- -- 8

 9 FA316006005 Federal -- -- -- -- -- -- -- -- -- 9

 10 FA216006005 State and local -- -- -- -- -- -- -- -- -- 10

 11 FA886300095 Consumption of fixed capital -- -- -- -- -- -- -- -- -- 11

 12 FA836300005 Private -- -- -- -- -- -- -- -- -- 12

 13 FA826300003 Domestic business -- -- -- -- -- -- -- -- -- 13

 14 FA106300003 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 14

 15 FA116300001 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 15

 16 FA796330081 Financial business -- -- -- -- -- -- -- -- -- 16

 17 FA156300003 Households and institutions -- -- -- -- -- -- -- -- -- 17

 18 FA366300005 Government -- -- -- -- -- -- -- -- -- 18

 19 FA316300001 Federal -- -- -- -- -- -- -- -- -- 19

 20 FA216300001 State and local -- -- -- -- -- -- -- -- -- 20

 Gross domestic investment, capital account

 21 FA885090015 transactions, and net lending, NIPAs -- -- -- -- -- -- -- -- -- 21

 22 FA885019905 Gross domestic investment -- -- -- -- -- -- -- -- -- 22

 23 FA835019905 Gross private domestic investment -- -- -- -- -- -- -- -- -- 23

 24 FA825019905 Domestic business -- -- -- -- -- -- -- -- -- 24

 25 FA105019985 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 25

 26 FA115050085 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 26

 27 FA795013005 Financial business -- -- -- -- -- -- -- -- -- 27

 28 FA155019005 Households and institutions -- -- -- -- -- -- -- -- -- 28

 29 FA365019005 Gross government investment -- -- -- -- -- -- -- -- -- 29

 30 FA315019001 Federal -- -- -- -- -- -- -- -- -- 30

 31 FA215019001 State and local -- -- -- -- -- -- -- -- -- 31

 32 FA265430003 Capital account transactions (net) (2) -- -- -- -- -- -- -- -- -- 32

 33 FA835430005 Private -- -- -- -- -- -- -- -- -- 33

 34 FA825430005 Domestic business -- -- -- -- -- -- -- -- -- 34

 35 FA105430005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 35

 36 FA115440005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 36

 37 FA795440005 Financial business -- -- -- -- -- -- -- -- -- 37

 38 FA155430005 Households and institutions -- -- -- -- -- -- -- -- -- 38

 39 FA365430005 Government -- -- -- -- -- -- -- -- -- 39

 40 FA315430005 Federal -- -- -- -- -- -- -- -- -- 40

 41 FA215430005 State and local -- -- -- -- -- -- -- -- -- 41

 42 FA885000905 Net lending (+) or net borrowing (-), NIPAs (3) -- -- -- -- -- -- -- -- -- 42

 43 FA835000905 Private -- -- -- -- -- -- -- -- -- 43

 44 FA825000905 Domestic business -- -- -- -- -- -- -- -- -- 44

 45 FA105000995 Nonfinancial corporate business (3) -- -- -- -- -- -- -- -- -- 45

 46 FA115000905 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 46

 47 FA795000905 Financial business -- -- -- -- -- -- -- -- -- 47

 48 FA155000905 Households and institutions -- -- -- -- -- -- -- -- -- 48

 49 FA365000905 Government -- -- -- -- -- -- -- -- -- 49

 50 FA315000905 Federal -- -- -- -- -- -- -- -- -- 50

 51 FA215000905 State and local -- -- -- -- -- -- -- -- -- 51

 52 FA087005005 Statistical discrepancy (line 21 less line 1) -- -- -- -- -- -- -- -- -- 52

 Addenda:

 53 FA895404005 Disaster losses -- -- -- -- -- -- -- -- -- 53

 54 FA835404005 Private -- -- -- -- -- -- -- -- -- 54

 55 FA825404003 Domestic business -- -- -- -- -- -- -- -- -- 55

 56 FA155404003 Households and institutions -- -- -- -- -- -- -- -- -- 56

 57 FA365404005 Government -- -- -- -- -- -- -- -- -- 57

 58 FA315404003 Federal -- -- -- -- -- -- -- -- -- 58

 59 FA215404003 State and local -- -- -- -- -- -- -- -- -- 59

(1) This table is based on NIPA table 5.1 in the Survey of Current Business, Bureau of Economic Analysis (www.bea.gov). It is consistent with the Integrated Macroeconomic Accounts of the

 United States jointly compiled by the Federal Reserve Board and the Bureau of Economic Analysis.

(2) Consists of net capital transfers shown on table F.5 and the acquisition of nonproduced nonfinancial assets (net) shown on table F.2.

(3) Differs from net lending or net borrowing (capital account) in the Integrated Macroeconomic Accounts of the United States by the statistical discrepancy (line 52).
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F.5 Net Capital Transfers (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA895410005 Capital transfers paid, by sector -- -- -- -- -- -- -- -- -- 1

 2 FA825410005 By private business -- -- -- -- -- -- -- -- -- 2

 3 FA795410005 Financial corporations -- -- -- -- -- -- -- -- -- 3

 4 FA515410073 Disaster-related insurance benefits -- -- -- -- -- -- -- -- -- 4

 5 FA795410003 Other -- -- -- -- -- -- -- -- -- 5

 6 FA105410003 Nonfinancial corporations -- -- -- -- -- -- -- -- -- 6

 7 FA115410003 Noncorporate business -- -- -- -- -- -- -- -- -- 7

 8 FA365410005 By government -- -- -- -- -- -- -- -- -- 8

 9 FA315410005 Federal -- -- -- -- -- -- -- -- -- 9

 10 FA215400033 Investment grants to state and local govts. -- -- -- -- -- -- -- -- -- 10

 11 FA315410073 Disaster-related insurance benefits -- -- -- -- -- -- -- -- -- 11

 12 FA315410093 Financial stabilization payments (2) -- -- -- -- -- -- -- -- -- 12

 13 FA315410043 Other capital transfers paid to business -- -- -- -- -- -- -- -- -- 13

 14 FA315410053 Other capital transfers paid to persons -- -- -- -- -- -- -- -- -- 14

 15 FA315410063 Capital transfers paid to rest of world (net) -- -- -- -- -- -- -- -- -- 15

 16 FA215410073 State and local -- -- -- -- -- -- -- -- -- 16

 17 FA215410073 Disaster-related insurance benefits -- -- -- -- -- -- -- -- -- 17

 18 FA155410035 By persons -- -- -- -- -- -- -- -- -- 18

 19 FA315400053 Estate and gift taxes, federal -- -- -- -- -- -- -- -- -- 19

 20 FA215400053 Estate and gift taxes, state and local -- -- -- -- -- -- -- -- -- 20

 21 FA265410005 By the rest of the world -- -- -- -- -- -- -- -- -- 21

 22 FA265410073 Disaster-related insurance benefits -- -- -- -- -- -- -- -- -- 22

 23 FA265410003 Other -- -- -- -- -- -- -- -- -- 23

 24 FA895400005 Capital transfers received, by sector -- -- -- -- -- -- -- -- -- 24

 25 FA825400005 By private business -- -- -- -- -- -- -- -- -- 25

 26 FA795400005 Financial corporations -- -- -- -- -- -- -- -- -- 26

 27 FA515400073 Disaster-related insurance benefits -- -- -- -- -- -- -- -- -- 27

 28 FA795400003 Other -- -- -- -- -- -- -- -- -- 28

 29 FA105400005 Nonfinancial corporations -- -- -- -- -- -- -- -- -- 29

 30 FA105400073 Disaster-related insurance benefits -- -- -- -- -- -- -- -- -- 30

 31 FA105400003 Other -- -- -- -- -- -- -- -- -- 31

 32 FA115400005 Noncorporate business -- -- -- -- -- -- -- -- -- 32

 33 FA115400075 Disaster-related insurance benefits -- -- -- -- -- -- -- -- -- 33

 34 FA115400003 Other -- -- -- -- -- -- -- -- -- 34

 35 FA365400005 By government -- -- -- -- -- -- -- -- -- 35

 36 FA315400005 Federal -- -- -- -- -- -- -- -- -- 36

 37 FA315400053 Estate and gift taxes paid by persons -- -- -- -- -- -- -- -- -- 37

 38 FA315400003 Other -- -- -- -- -- -- -- -- -- 38

 39 FA215400005 State and local -- -- -- -- -- -- -- -- -- 39

 40 FA215400073 Disaster-related insurance benefits -- -- -- -- -- -- -- -- -- 40

 41 FA215400053 Estate and gift taxes paid by persons -- -- -- -- -- -- -- -- -- 41

 42 FA215400033 Investment grants paid by federal government -- -- -- -- -- -- -- -- -- 42

 43 FA215400003 Other -- -- -- -- -- -- -- -- -- 43

 44 FA155400005 By persons -- -- -- -- -- -- -- -- -- 44

 45 FA155400073 Disaster-related insurance benefits -- -- -- -- -- -- -- -- -- 45

 46 FA155400003 Other -- -- -- -- -- -- -- -- -- 46

 47 FA265400005 By the rest of the world -- -- -- -- -- -- -- -- -- 47

 48 FA265400033 Capital transfers paid by U.S. government -- -- -- -- -- -- -- -- -- 48

 49 FA265400073 Disaster-related insurance benefits -- -- -- -- -- -- -- -- -- 49

 50 FA265400003 Other -- -- -- -- -- -- -- -- -- 50

 Addenda: Net capital transfers paid by sector

 51 FA825440005 By private business (lines 2-25) -- -- -- -- -- -- -- -- -- 51

 52 FA795440005 Financial corporations (lines 3-26) -- -- -- -- -- -- -- -- -- 52

 53 FA515440005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 53

 54 FA545410003 Life insurance companies -- -- -- -- -- -- -- -- -- 54

 55 FA765440005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 55

 56 FA405400033 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 56

 57 FA615410003 Finance companies -- -- -- -- -- -- -- -- -- 57

 58 FA735410003 Holding companies -- -- -- -- -- -- -- -- -- 58

 59 FA735400033 Holding companies (GMAC) -- -- -- -- -- -- -- -- -- 59

 60 FA505400033 Other financial business (AIG) -- -- -- -- -- -- -- -- -- 60

 61 FA105440005 Nonfinancial corporations (lines 6-29) -- -- -- -- -- -- -- -- -- 61

 62 FA115440005 Noncorporate business (lines 7-32) -- -- -- -- -- -- -- -- -- 62

 63 FA365440005 By government (lines 8-35) -- -- -- -- -- -- -- -- -- 63

 64 FA315440005 Federal (lines 9-36) -- -- -- -- -- -- -- -- -- 64

 65 FA215440005 State and local (lines 16-39) -- -- -- -- -- -- -- -- -- 65

 66 FA155440005 By persons (lines 18-44) -- -- -- -- -- -- -- -- -- 66

 67 FA265440005 By the rest of the world (lines 21-47) -- -- -- -- -- -- -- -- -- 67

(1) This table is based on NIPA table 5.11 in the Survey of Current Business, Bureau of Economic Analysis (www.bea.gov).

(2) Series treated as capital losses in the financial corporations sectors rather than as capital transfers in the Financial Accounts of the United States.
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F.6 Derivation of Measures of Personal Saving (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA174090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 1

 2 FA153091003 Foreign deposits -- -- -- -- -- -- -- -- -- 2

 3 FA173020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 3

 4 FA173030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 4

 5 FA173034005 Money market fund shares -- -- -- -- -- -- -- -- -- 5

 6 FA174022005 Debt securities -- -- -- -- -- -- -- -- -- 6

 7 FA173061105 Treasury securities -- -- -- -- -- -- -- -- -- 7

 8 FA153061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 8

 9 FA173062005 Municipal securities -- -- -- -- -- -- -- -- -- 9

 10 FA153063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 10

 11 FA174023005 Loans -- -- -- -- -- -- -- -- -- 11

 12 FA153064105 Corporate equities (2) -- -- -- -- -- -- -- -- -- 12

 13 FA153064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 13

 14 FA163070005 Trade receivables -- -- -- -- -- -- -- -- -- 14

 15 FA153040005 Life insurance reserves -- -- -- -- -- -- -- -- -- 15

 16 FA153050005 Pension entitlements -- -- -- -- -- -- -- -- -- 16

 17 FA173099005 Miscellaneous and other assets -- -- -- -- -- -- -- -- -- 17

 18 FA175050005 Gross investment in nonfinancial assets -- -- -- -- -- -- -- -- -- 18

 19 FA175012005 Residential fixed investment -- -- -- -- -- -- -- -- -- 19

 20 FA175013005 Nonresidential fixed investment -- -- -- -- -- -- -- -- -- 20

 21 FA155111003 Consumer durables -- -- -- -- -- -- -- -- -- 21

 22 FA155420003 Nonproduced nonfinancial assets -- -- -- -- -- -- -- -- -- 22

 23 FA115020005 Inventories -- -- -- -- -- -- -- -- -- 23

 24 FA176300005 Consumption of fixed capital -- -- -- -- -- -- -- -- -- 24

 25 FA176320005 Residential fixed investment -- -- -- -- -- -- -- -- -- 25

 26 FA176330005 Nonresidential fixed investment -- -- -- -- -- -- -- -- -- 26

 27 FA156300103 Consumer durables -- -- -- -- -- -- -- -- -- 27

 28 FA172010005 Net investment in nonfinancial assets (3) -- -- -- -- -- -- -- -- -- 28

 29 FA175012865 Residential fixed investment -- -- -- -- -- -- -- -- -- 29

 30 FA175013865 Nonresidential fixed investment -- -- -- -- -- -- -- -- -- 30

 31 FA155111005 Consumer durables -- -- -- -- -- -- -- -- -- 31

 32 FA155420003 Nonproduced nonfinancial assets -- -- -- -- -- -- -- -- -- 32

 33 FA115020005 Inventories -- -- -- -- -- -- -- -- -- 33

 34 FA174190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 34

 35 FA173165105 One-to-four-family residential mortgages -- -- -- -- -- -- -- -- -- 35

 36 FA173165205 Other mortgages -- -- -- -- -- -- -- -- -- 36

 37 FA153166000 Consumer credit -- -- -- -- -- -- -- -- -- 37

 38 FA173169005 Other loans and advances -- -- -- -- -- -- -- -- -- 38

 39 FA173199005 Other liabilities -- -- -- -- -- -- -- -- -- 39

 40 FA175440005 Net capital transfers paid (4) -- -- -- -- -- -- -- -- -- 40

 41 FA176007025 Personal saving, FOF concept (FOF) -- -- -- -- -- -- -- -- -- 41

 42 FA155111005 - Net investment in consumer durables -- -- -- -- -- -- -- -- -- 42

 43 FA313154015 - Government insurance and pension fund reserves (5) -- -- -- -- -- -- -- -- -- 43

 44 FA156600075 + Contr. for govt. soc. insur., U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 44

 45 FA176007005 = Personal saving, NIPA concept (FOF) (6) -- -- -- -- -- -- -- -- -- 45

 46 FA156007015 Personal saving, NIPA concept (NIPA) -- -- -- -- -- -- -- -- -- 46

 47 FA176007085 Difference -- -- -- -- -- -- -- -- -- 47

 Memo:

 48 FA156012005 Disposable personal income -- -- -- -- -- -- -- -- -- 48

 Personal saving as a percentage of disposable personal income:

 49 FA176007026 FOF concept (FOF data) (line 41) -- -- -- -- -- -- -- -- -- 49

 50 FA176007006 NIPA concept (FOF data) (line 45) -- -- -- -- -- -- -- -- -- 50

 51 FA156007016 NIPA concept (NIPA data) (line 46) -- -- -- -- -- -- -- -- -- 51

 52 FA176007086 Difference (line 47) -- -- -- -- -- -- -- -- -- 52

(1) Consolidated statement for households and nonprofit organizations and nonfinancial noncorporate business.

(2) Directly held, and those in closed-end and exchange-traded funds. Other equities are included in mutual fund shares (line 13), life insurance reserves (line 15), and pension entitlements (line 16).

(3) Line 18 less line 24.

(4) Table F.5, line 62 plus line 66.

(5) Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves.

(6) Lines 45 and 46 are conceptually equivalent but measure saving using different data. Line 45 is net acquisition of financial assets net of government insurance and pension fund reserves (line 1 less

 line 43) and including contributions for government social insurance to U.S.-affiliated areas, plus net investment in nonfinancial assets net of consumer durables (line 28 less line 42) less net increase

 in liabilities (line 34) plus net capital transfers paid (line 40). Personal saving, NIPA concept (NIPA) (line 46) is disposable personal income (line 48) less personal outlays (table F.101, line 4).
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L.6 Assets and Liabilities of the Personal Sector (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL174090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 LM153091003 Foreign deposits -- -- -- -- -- -- -- -- -- 2

 3 FL173020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 3

 4 FL173030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 4

 5 FL173034005 Money market fund shares -- -- -- -- -- -- -- -- -- 5

 6 FL174022005 Debt securities -- -- -- -- -- -- -- -- -- 6

 7 FL173061105 Treasury securities -- -- -- -- -- -- -- -- -- 7

 8 LM153061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 8

 9 FL173062005 Municipal securities -- -- -- -- -- -- -- -- -- 9

 10 LM153063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 10

 11 FL174023005 Loans -- -- -- -- -- -- -- -- -- 11

 12 FL153069005 Other loans and advances -- -- -- -- -- -- -- -- -- 12

 13 FL173065005 Mortgages -- -- -- -- -- -- -- -- -- 13

 14 FL173066005 Consumer credit -- -- -- -- -- -- -- -- -- 14

 15 LM153064105 Corporate equities (2) -- -- -- -- -- -- -- -- -- 15

 16 LM153064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 16

 17 FL163070005 Trade receivables -- -- -- -- -- -- -- -- -- 17

 18 FL153040005 Life insurance reserves -- -- -- -- -- -- -- -- -- 18

 19 FL153050005 Pension entitlements -- -- -- -- -- -- -- -- -- 19

 20 FL173099005 Miscellaneous and other assets -- -- -- -- -- -- -- -- -- 20

 21 FL174190005 Total liabilities -- -- -- -- -- -- -- -- -- 21

 22 FL173165105 One-to-four-family residential mortgages -- -- -- -- -- -- -- -- -- 22

 23 FL173165205 Other mortgages -- -- -- -- -- -- -- -- -- 23

 24 FL153166000 Consumer credit -- -- -- -- -- -- -- -- -- 24

 25 FL173169005 Other loans and advances -- -- -- -- -- -- -- -- -- 25

 26 FL173199005 Other liabilities -- -- -- -- -- -- -- -- -- 26

(1) Combined statement for households and nonprofit organizations and nonfinancial noncorporate business.

(2) Directly held and those in closed-end and exchange-traded funds. Other equities are included in mutual fund shares (line 16), life insurance reserves (line 18), and pension entitlements (line 19).
Transactions

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F.100 Domestic Nonfinancial Sectors (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA386000105 Gross saving less net capital transfers paid -- -- -- -- -- -- -- -- -- 1

 2 FA385090005 Gross investment -- -- -- -- -- -- -- -- -- 2

 3 FA385050005 Capital expenditures -- -- -- -- -- -- -- -- -- 3

 4 FA155111003 Consumer durables -- -- -- -- -- -- -- -- -- 4

 5 FA385012005 Fixed residential investment -- -- -- -- -- -- -- -- -- 5

 6 FA385013005 Fixed nonresidential investment -- -- -- -- -- -- -- -- -- 6

 7 FA145020005 Inventory change -- -- -- -- -- -- -- -- -- 7

 8 FA385420005 Nonproduced nonfinancial assets -- -- -- -- -- -- -- -- -- 8

 9 FA385000005 Net lending (+) or net borrowing (-) -- -- -- -- -- -- -- -- -- 9

 10 FA384090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 10

 11 FA313011005 U.S. official reserve assets -- -- -- -- -- -- -- -- -- 11

 12 FA383091005 Foreign deposits -- -- -- -- -- -- -- -- -- 12

 13 FA383020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 13

 14 FA383030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 14

 15 FA383034005 Money market fund shares -- -- -- -- -- -- -- -- -- 15

 16 FA382051005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 16

 17 FA384022005 Debt securities -- -- -- -- -- -- -- -- -- 17

 18 FA383069105 Open market paper -- -- -- -- -- -- -- -- -- 18

 19 FA383061105 Treasury securities -- -- -- -- -- -- -- -- -- 19

 20 FA383061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 20

 21 FA383062005 Municipal securities -- -- -- -- -- -- -- -- -- 21

 22 FA383063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 22

 23 FA384023005 Loans -- -- -- -- -- -- -- -- -- 23

 24 FA383069005 Other loans and advances -- -- -- -- -- -- -- -- -- 24

 25 FA383065005 Mortgages -- -- -- -- -- -- -- -- -- 25

 26 FA383066005 Consumer credit -- -- -- -- -- -- -- -- -- 26

 27 FA103092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 27

 28 FA383064105 Corporate equities -- -- -- -- -- -- -- -- -- 28

 29 FA103092105 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 29

 30 FA383094905 Miscellaneous other equity -- -- -- -- -- -- -- -- -- 30

 31 FA383064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 31

 32 FA153040005 Life insurance reserves -- -- -- -- -- -- -- -- -- 32

 33 FA153050005 Pension entitlements -- -- -- -- -- -- -- -- -- 33

 34 FA383070005 Trade receivables -- -- -- -- -- -- -- -- -- 34

 35 FA383078005 Taxes payable -- -- -- -- -- -- -- -- -- 35

 36 FA383090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 36

 37 FA384194005 Net increase in liabilities and equity -- -- -- -- -- -- -- -- -- 37

 38 FA384190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 38

 39 FA313111303 U.S. official reserve assets -- -- -- -- -- -- -- -- -- 39

 40 FA713014003 SDR certificates -- -- -- -- -- -- -- -- -- 40

 41 FA313112003 Treasury currency -- -- -- -- -- -- -- -- -- 41

 42 FA384122005 Debt securities -- -- -- -- -- -- -- -- -- 42

 43 FA103169100 Open market paper -- -- -- -- -- -- -- -- -- 43

 44 FA313161105 Treasury securities -- -- -- -- -- -- -- -- -- 44

 45 FA313161705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 45

 46 FA383162005 Municipal securities -- -- -- -- -- -- -- -- -- 46

 47 FA103163005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 47

 48 FA384123005 Loans -- -- -- -- -- -- -- -- -- 48

 49 FA383168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 49

 50 FA383169005 Other loans and advances -- -- -- -- -- -- -- -- -- 50

 51 FA383165005 Mortgages -- -- -- -- -- -- -- -- -- 51

 52 FA153166000 Consumer credit -- -- -- -- -- -- -- -- -- 52

 53 FA143192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 53

 54 FA313140003 Life insurance reserves -- -- -- -- -- -- -- -- -- 54

 55 FA383170005 Trade payables -- -- -- -- -- -- -- -- -- 55

 56 FA143178005 Taxes payable -- -- -- -- -- -- -- -- -- 56

 57 FA383190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 57

 58 FA143181105 Net equity issues -- -- -- -- -- -- -- -- -- 58

 59 FA103164105 Corporate equities -- -- -- -- -- -- -- -- -- 59

 60 FA143192105 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 60

 61 FA112090205 Equity in noncorporate business -- -- -- -- -- -- -- -- -- 61

 62 FA387005005 Discrepancy -- -- -- -- -- -- -- -- -- 62

(1) Sum of domestic nonfinancial sectors shown on tables F.101 through F.107.
Transactions

16 Z.1, June 7, 2024

F.101 Households and Nonprofit Organizations (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA156010001 Personal income -- -- -- -- -- -- -- -- -- 1

 2 FA156210005 - Personal current taxes -- -- -- -- -- -- -- -- -- 2

 3 FA156012005 = Disposable personal income -- -- -- -- -- -- -- -- -- 3

 4 FA156900005 - Personal outlays -- -- -- -- -- -- -- -- -- 4

 5 FA156007015 = Personal saving, NIPA (2) -- -- -- -- -- -- -- -- -- 5

 6 FA313154015 + Government insurance and pension reserves (3) -- -- -- -- -- -- -- -- -- 6

 7 FA156600075 - Contr. for govt. soc. insur., U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 7

 8 FA155111005 + Net investment in consumer durables -- -- -- -- -- -- -- -- -- 8

 9 FA156300005 + Consumption of fixed capital -- -- -- -- -- -- -- -- -- 9

 10 FA155440005 - Net capital transfers paid (4) -- -- -- -- -- -- -- -- -- 10

 11 FA156000105 = Gross saving less net capital transfers paid -- -- -- -- -- -- -- -- -- 11

 12 FA155090005 Gross investment -- -- -- -- -- -- -- -- -- 12

 13 FA155050005 Capital expenditures -- -- -- -- -- -- -- -- -- 13

 14 FA155111003 Consumer durable goods -- -- -- -- -- -- -- -- -- 14

 15 FA155012005 Residential -- -- -- -- -- -- -- -- -- 15

 16 FA165013005 Nonprofit nonresidential -- -- -- -- -- -- -- -- -- 16

 17 FA155420003 Nonproduced nonfinancial assets -- -- -- -- -- -- -- -- -- 17

 18 FA155000005 Net lending (+) or net borrowing (-) -- -- -- -- -- -- -- -- -- 18

 19 FA154090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 19

 20 FA153091003 Foreign deposits -- -- -- -- -- -- -- -- -- 20

 21 FA153020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 21

 22 FA153030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 22

 23 FA153034005 Money market fund shares -- -- -- -- -- -- -- -- -- 23

 24 FA154022005 Debt securities -- -- -- -- -- -- -- -- -- 24

 25 FA153061105 Treasury securities -- -- -- -- -- -- -- -- -- 25

 26 FA153061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 26

 27 FA153062005 Municipal securities -- -- -- -- -- -- -- -- -- 27

 28 FA153063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 28

 29 FA154023005 Loans -- -- -- -- -- -- -- -- -- 29

 30 FA153069005 Other loans and advances (5) -- -- -- -- -- -- -- -- -- 30

 31 FA153065005 Mortgages -- -- -- -- -- -- -- -- -- 31

 32 FA163066223 Consumer credit (student loans) -- -- -- -- -- -- -- -- -- 32

 33 FA153064105 Corporate equities (6) -- -- -- -- -- -- -- -- -- 33

 34 FA153081115 Miscellaneous other equity -- -- -- -- -- -- -- -- -- 34

 35 FA153064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 35

 36 FA153040005 Life insurance reserves -- -- -- -- -- -- -- -- -- 36

 37 FA153050005 Pension entitlements (7) -- -- -- -- -- -- -- -- -- 37

 38 FA163070005 Trade receivables -- -- -- -- -- -- -- -- -- 38

 39 FA153090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 39

 40 FA154190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 40

 41 FA163162003 Debt securities (municipal securities) -- -- -- -- -- -- -- -- -- 41

 42 FA154123005 Loans -- -- -- -- -- -- -- -- -- 42

 43 FA153165105 One-to-four-family residential mortgages (8) -- -- -- -- -- -- -- -- -- 43

 44 FA153166000 Consumer credit -- -- -- -- -- -- -- -- -- 44

 45 FA153168005 Depository institution loans n.e.c. (9) -- -- -- -- -- -- -- -- -- 45

 46 FA153169005 Other loans and advances -- -- -- -- -- -- -- -- -- 46

 47 FA163165505 Commercial mortgages -- -- -- -- -- -- -- -- -- 47

 48 FA163170005 Trade payables -- -- -- -- -- -- -- -- -- 48

 49 FA543077073 Deferred and unpaid life insurance premiums -- -- -- -- -- -- -- -- -- 49

 50 FA157005005 Discrepancy -- -- -- -- -- -- -- -- -- 50

(1) Sector includes domestic hedge funds, private equity funds, and personal trusts. Supplementary table B.101.n shows estimates of annual year-end outstandings of nonprofit organizations.

(2) See table F.6 for derivation of alternative measures of personal saving.

(3) Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves.

(4) Table F.5, line 66.

(5) Includes nonmarketable Treasury securities, cash accounts at brokers and dealers, and syndicated loans to nonfinancial corporate business by nonprofits and domestic hedge funds.

(6) Directly held corporate equities, including closed-end fund, exchange-traded fund, and real estate investment trust shares.

(7) Includes public and private defined benefit and defined contribution pension plans and annuities, including those in IRAs, at life insurance companies. Excludes social security.

(8) Includes loans made under home equity lines of credit and home equity loans secured by junior liens (table F.218, line 24).

(9) Includes loans extended by the Federal Reserve to financial institutions such as domestic hedge funds through the Term Asset-Backed Securities Loan Facility (TALF I).
Transactions

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F.102 Nonfinancial Business (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA146110005 Income before taxes -- -- -- -- -- -- -- -- -- 1

 2 FA146000105 Gross saving less net capital transfers paid -- -- -- -- -- -- -- -- -- 2

 3 FA145090005 Gross investment -- -- -- -- -- -- -- -- -- 3

 4 FA145050005 Capital expenditures -- -- -- -- -- -- -- -- -- 4

 5 FA145019005 Fixed investment -- -- -- -- -- -- -- -- -- 5

 6 FA145012005 Residential -- -- -- -- -- -- -- -- -- 6

 7 FA145013005 Nonresidential -- -- -- -- -- -- -- -- -- 7

 8 FA145020005 Change in inventories -- -- -- -- -- -- -- -- -- 8

 9 FA105420005 Nonproduced nonfinancial assets -- -- -- -- -- -- -- -- -- 9

 10 FA145000005 Net lending (+) or net borrowing (-) -- -- -- -- -- -- -- -- -- 10

 11 FA144090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 11

 12 FA103091003 Foreign deposits -- -- -- -- -- -- -- -- -- 12

 13 FA143020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 13

 14 FA143030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 14

 15 FA143034005 Money market fund shares -- -- -- -- -- -- -- -- -- 15

 16 FA102051003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 16

 17 FA144022005 Debt securities -- -- -- -- -- -- -- -- -- 17

 18 FA103069100 Commercial paper -- -- -- -- -- -- -- -- -- 18

 19 FA143061105 Treasury securities -- -- -- -- -- -- -- -- -- 19

 20 FA103061703 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 20

 21 FA143062005 Municipal securities -- -- -- -- -- -- -- -- -- 21

 22 FA123063003 Corporate bonds (held by equity REITs) -- -- -- -- -- -- -- -- -- 22

 23 FA144023005 Loans -- -- -- -- -- -- -- -- -- 23

 24 FA143065005 Mortgages -- -- -- -- -- -- -- -- -- 24

 25 FA143066005 Consumer credit -- -- -- -- -- -- -- -- -- 25

 26 FA103092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 26

 27 FA103064103 Corporate equities -- -- -- -- -- -- -- -- -- 27

 28 FA103092105 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 28

 29 FA143092405 Equity in GSEs -- -- -- -- -- -- -- -- -- 29

 30 FA103064203 Mutual fund shares -- -- -- -- -- -- -- -- -- 30

 31 FA143070005 Trade receivables -- -- -- -- -- -- -- -- -- 31

 32 FA143090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 32

 33 FA144194005 Net increase in liabilities and equity -- -- -- -- -- -- -- -- -- 33

 34 FA144190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 34

 35 FA104122005 Debt securities -- -- -- -- -- -- -- -- -- 35

 36 FA103169100 Commercial paper -- -- -- -- -- -- -- -- -- 36

 37 FA103162000 Municipal securities -- -- -- -- -- -- -- -- -- 37

 38 FA103163005 Corporate bonds -- -- -- -- -- -- -- -- -- 38

 39 FA144123005 Loans -- -- -- -- -- -- -- -- -- 39

 40 FA143168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 40

 41 FA143169005 Other loans and advances -- -- -- -- -- -- -- -- -- 41

 42 FA143165005 Mortgages -- -- -- -- -- -- -- -- -- 42

 43 FA143192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 43

 44 FA143170005 Trade payables -- -- -- -- -- -- -- -- -- 44

 45 FA143178005 Taxes payable -- -- -- -- -- -- -- -- -- 45

 46 FA143190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 46

 47 FA143181105 Net equity issues -- -- -- -- -- -- -- -- -- 47

 48 FA103164105 Corporate equities -- -- -- -- -- -- -- -- -- 48

 49 FA143192105 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 49

 50 FA112090205 Equity in noncorporate business -- -- -- -- -- -- -- -- -- 50

 51 FA107005005 Discrepancy -- -- -- -- -- -- -- -- -- 51

(1) Sum of nonfinancial corporate business (table F.103) and nonfinancial noncorporate business (table F.104).
Transactions

18 Z.1, June 7, 2024

F.103 Nonfinancial Corporate Business

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA106060005 Profits before tax -- -- -- -- -- -- -- -- -- 1

 2 FA106231005 - Taxes on corporate income -- -- -- -- -- -- -- -- -- 2

 3 FA106121075 - Net dividends -- -- -- -- -- -- -- -- -- 3

 4 FA105020601 + Inventory valuation adjustment (IVA) -- -- -- -- -- -- -- -- -- 4

 5 FA106300015 + Capital consumption allowance (1) -- -- -- -- -- -- -- -- -- 5

 6 FA106006065 + Foreign earnings retained abroad -- -- -- -- -- -- -- -- -- 6

 7 FA105440005 - Net capital transfers paid (2) -- -- -- -- -- -- -- -- -- 7

 8 FA106000105 = Gross savings less net capital transfers paid -- -- -- -- -- -- -- -- -- 8

 9 FA105090005 Gross investment -- -- -- -- -- -- -- -- -- 9

 10 FA105050005 Capital expenditures -- -- -- -- -- -- -- -- -- 10

 11 FA105019005 Fixed investment (3) -- -- -- -- -- -- -- -- -- 11

 12 FA105020005 Inventory change + IVA -- -- -- -- -- -- -- -- -- 12

 13 FA105420005 Nonproduced nonfinancial assets -- -- -- -- -- -- -- -- -- 13

 14 FA105000005 Net lending (+) or net borrowing (-) -- -- -- -- -- -- -- -- -- 14

 15 FA104090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 15

 16 FA103091003 Foreign deposits -- -- -- -- -- -- -- -- -- 16

 17 FA103020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 17

 18 FA103030003 Time and savings deposits -- -- -- -- -- -- -- -- -- 18

 19 FA103034000 Money market fund shares -- -- -- -- -- -- -- -- -- 19

 20 FA102051003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 20

 21 FA104022005 Debt securities -- -- -- -- -- -- -- -- -- 21

 22 FA103069100 Commercial paper -- -- -- -- -- -- -- -- -- 22

 23 FA103061103 Treasury securities -- -- -- -- -- -- -- -- -- 23

 24 FA103061703 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 24

 25 FA103062003 Municipal securities -- -- -- -- -- -- -- -- -- 25

 26 FA123063003 Corporate bonds (held by equity REITs) -- -- -- -- -- -- -- -- -- 26

 27 FA104023005 Loans -- -- -- -- -- -- -- -- -- 27

 28 FA103065005 Mortgages -- -- -- -- -- -- -- -- -- 28

 29 FA103066005 Consumer credit -- -- -- -- -- -- -- -- -- 29

 30 FA103092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 30

 31 FA103064103 Corporate equities -- -- -- -- -- -- -- -- -- 31

 32 FA103092105 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 32

 33 FA103092405 Equity in GSEs -- -- -- -- -- -- -- -- -- 33

 34 FA103064203 Mutual fund shares -- -- -- -- -- -- -- -- -- 34

 35 FA103070005 Trade receivables -- -- -- -- -- -- -- -- -- 35

 36 FA103090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 36

 37 FA104194005 Net increase in liabilities and equity -- -- -- -- -- -- -- -- -- 37

 38 FA104190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 38

 39 FA104122005 Debt securities -- -- -- -- -- -- -- -- -- 39

 40 FA103169100 Commercial paper -- -- -- -- -- -- -- -- -- 40

 41 FA103162000 Municipal securities (4) -- -- -- -- -- -- -- -- -- 41

 42 FA103163005 Corporate bonds -- -- -- -- -- -- -- -- -- 42

 43 FA104123005 Loans -- -- -- -- -- -- -- -- -- 43

 44 FA103168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 44

 45 FA103169005 Other loans and advances (5) -- -- -- -- -- -- -- -- -- 45

 46 FA103165005 Mortgages -- -- -- -- -- -- -- -- -- 46

 47 FA103192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 47

 48 FA103170005 Trade payables -- -- -- -- -- -- -- -- -- 48

 49 FA103178005 Taxes payable -- -- -- -- -- -- -- -- -- 49

 50 FA103190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 50

 51 FA573074005 Pension fund contributions payable -- -- -- -- -- -- -- -- -- 51

 52 FA573073005 Claims of pension fund on sponsor -- -- -- -- -- -- -- -- -- 52

 53 FA103193005 Other -- -- -- -- -- -- -- -- -- 53

 54 FA103181105 Net equity issues -- -- -- -- -- -- -- -- -- 54

 55 FA103164105 Corporate equities -- -- -- -- -- -- -- -- -- 55

 56 FA103192105 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 56

 57 FA107005005 Discrepancy -- -- -- -- -- -- -- -- -- 57

 Memo:

 58 FA105005305 Financing gap (6) -- -- -- -- -- -- -- -- -- 58

(1) Consumption of fixed capital plus the capital consumption adjustment.

(2) Table F.5, line 61.

(3) Nonresidential fixed investment plus residential fixed investment, shown in table F.2, lines 10 and 15 respectively.

(4) 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.

(5) Loans from rest of the world, U.S. government, and nonbank financial institutions. Detail can be found on table F.216.

(6) The financing gap is the difference between capital expenditures (line 10) and gross savings less net capital transfers paid less foreign earnings retained abroad (line 8 minus line 6).
Transactions

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F.104 Nonfinancial Noncorporate Business

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA116300005 Gross saving = consumption of fixed capital -- -- -- -- -- -- -- -- -- 1

 2 FA116000105 Gross saving less net capital transfers paid (1) -- -- -- -- -- -- -- -- -- 2

 3 FA116000105 Gross investment -- -- -- -- -- -- -- -- -- 3

 4 FA115050005 Capital expenditures -- -- -- -- -- -- -- -- -- 4

 5 FA115019005 Fixed investment (2) -- -- -- -- -- -- -- -- -- 5

 6 FA115020005 Change in inventories -- -- -- -- -- -- -- -- -- 6

 7 FA115000005 Net lending (+) or net borrowing (-) -- -- -- -- -- -- -- -- -- 7

 8 FA114090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 8

 9 FA113020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 9

 10 FA113030003 Time and savings deposits -- -- -- -- -- -- -- -- -- 10

 11 FA113034003 Money market funds -- -- -- -- -- -- -- -- -- 11

 12 FA114022005 Debt securities -- -- -- -- -- -- -- -- -- 12

 13 FA113061003 Treasury securities -- -- -- -- -- -- -- -- -- 13

 14 FA113062003 Municipal securities -- -- -- -- -- -- -- -- -- 14

 15 FA114023005 Loans -- -- -- -- -- -- -- -- -- 15

 16 FA113065005 Mortgages -- -- -- -- -- -- -- -- -- 16

 17 FA113066003 Consumer credit -- -- -- -- -- -- -- -- -- 17

 18 FA113092405 Equity investment in GSEs (3) -- -- -- -- -- -- -- -- -- 18

 19 FA113070003 Trade receivables -- -- -- -- -- -- -- -- -- 19

 20 FA113090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 20

 21 FA113076005 Insurance receivables -- -- -- -- -- -- -- -- -- 21

 22 FA113072003 PPP subsidies receivable -- -- -- -- -- -- -- -- -- 22

 23 FA113093005 Other -- -- -- -- -- -- -- -- -- 23

 24 FA114194005 Net increase in liabilities and equity -- -- -- -- -- -- -- -- -- 24

 25 FA114190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 25

 26 FA114123005 Loans -- -- -- -- -- -- -- -- -- 26

 27 FA113168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 27

 28 FA113169005 Other loans and advances -- -- -- -- -- -- -- -- -- 28

 29 FA113165005 Mortgages -- -- -- -- -- -- -- -- -- 29

 30 FA115114305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 30

 31 FA113170005 Trade payables -- -- -- -- -- -- -- -- -- 31

 32 FA113178003 Taxes payable -- -- -- -- -- -- -- -- -- 32

 33 FA113193003 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 33

 34 FA113181115 Net equity issues -- -- -- -- -- -- -- -- -- 34

 35 FA115114103 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 35

 36 FA112090205 Proprietors’ net investment -- -- -- -- -- -- -- -- -- 36

(1) Net capital transfers paid from table F.5, line 62.

(2) Nonresidential fixed investment plus residential fixed investment, shown in table F.2, lines 11 and 16 respectively.

(3) Equity in the Farm Credit System.
Transactions

20 Z.1, June 7, 2024

F.105 General Government (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA366010115 Current receipts, NIPA basis -- -- -- -- -- -- -- -- -- 1

 2 FA366210005 Personal current taxes -- -- -- -- -- -- -- -- -- 2

 3 FA366240005 Taxes on production and imports -- -- -- -- -- -- -- -- -- 3

 4 FA366231005 Taxes on corporate income -- -- -- -- -- -- -- -- -- 4

 5 FA316231061 Taxes from the rest of the world -- -- -- -- -- -- -- -- -- 5

 6 FA366601005 Contributions for govt. social insurance -- -- -- -- -- -- -- -- -- 6

 7 FA366150105 Income receipts on assets -- -- -- -- -- -- -- -- -- 7

 8 FA366403105 Current transfer receipts -- -- -- -- -- -- -- -- -- 8

 9 FA366402105 Current surplus of government enterprises -- -- -- -- -- -- -- -- -- 9

 10 FA366900015 Current expenditures, NIPA basis -- -- -- -- -- -- -- -- -- 10

 11 FA366901005 Consumption expenditures -- -- -- -- -- -- -- -- -- 11

 12 FA366404005 Government social benefits -- -- -- -- -- -- -- -- -- 12

 13 FA366403005 Other current transfer payments -- -- -- -- -- -- -- -- -- 13

 14 FA366130005 Interest payments -- -- -- -- -- -- -- -- -- 14

 15 FA366402005 Subsidies -- -- -- -- -- -- -- -- -- 15

 16 FA366006005 Net saving, NIPA basis -- -- -- -- -- -- -- -- -- 16

 17 FA366300005 + Consumption of fixed capital -- -- -- -- -- -- -- -- -- 17

 18 FA313154015 - Insurance and pension fund reserves (2) -- -- -- -- -- -- -- -- -- 18

 19 FA365440095 - Net capital transfers (3) -- -- -- -- -- -- -- -- -- 19

 20 FA366000105 = Gross saving less net capital transfers -- -- -- -- -- -- -- -- -- 20

 21 FA365090005 Gross investment -- -- -- -- -- -- -- -- -- 21

 22 FA365019005 Fixed investment -- -- -- -- -- -- -- -- -- 22

 23 FA365420005 Nonproduced nonfinancial assets -- -- -- -- -- -- -- -- -- 23

 24 FA365000005 Net lending (+) or net borrowing (-) -- -- -- -- -- -- -- -- -- 24

 25 FA364090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 25

 26 FA313011005 U.S. official reserve assets -- -- -- -- -- -- -- -- -- 26

 27 FA363020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 27

 28 FA363030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 28

 29 FA213034003 Money market fund shares -- -- -- -- -- -- -- -- -- 29

 30 FA212051003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 30

 31 FA364022005 Debt securities -- -- -- -- -- -- -- -- -- 31

 32 FA213069103 Open market paper -- -- -- -- -- -- -- -- -- 32

 33 FA213061103 Treasury securities -- -- -- -- -- -- -- -- -- 33

 34 FA363061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 34

 35 FA213062003 Municipal securities -- -- -- -- -- -- -- -- -- 35

 36 FA363063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 36

 37 FA364023005 Loans -- -- -- -- -- -- -- -- -- 37

 38 FA363065005 Mortgages -- -- -- -- -- -- -- -- -- 38

 39 FA313066220 Consumer credit -- -- -- -- -- -- -- -- -- 39

 40 FA363069005 Other loans and advances -- -- -- -- -- -- -- -- -- 40

 41 FA363064105 Corporate equities -- -- -- -- -- -- -- -- -- 41

 42 FA313081115 Miscellaneous other equity -- -- -- -- -- -- -- -- -- 42

 43 FA213064203 Mutual fund shares -- -- -- -- -- -- -- -- -- 43

 44 FA363070005 Trade receivables -- -- -- -- -- -- -- -- -- 44

 45 FA363078005 Taxes receivable -- -- -- -- -- -- -- -- -- 45

 46 FA363090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 46

 47 FA364190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 47

 48 FA313111303 SDR allocations -- -- -- -- -- -- -- -- -- 48

 49 FA713014003 SDR certificates -- -- -- -- -- -- -- -- -- 49

 50 FA313112003 Treasury currency -- -- -- -- -- -- -- -- -- 50

 51 FA364122005 Debt securities -- -- -- -- -- -- -- -- -- 51

 52 FA313161105 Treasury securities -- -- -- -- -- -- -- -- -- 52

 53 FA313161705 Budget agency securities -- -- -- -- -- -- -- -- -- 53

 54 FA213162005 Municipal securities -- -- -- -- -- -- -- -- -- 54

 55 FA364123005 Loans -- -- -- -- -- -- -- -- -- 55

 56 FA313165403 Multifamily residential mortgages -- -- -- -- -- -- -- -- -- 56

 57 FA363169005 Other loans and advances -- -- -- -- -- -- -- -- -- 57

 58 FA313140003 Insurance reserves -- -- -- -- -- -- -- -- -- 58

 59 FA363170005 Trade payables -- -- -- -- -- -- -- -- -- 59

 60 FA363190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 60

 61 FA367005005 Discrepancy -- -- -- -- -- -- -- -- -- 61

 Memo:

 62 FA374090005 Net acquisition of financial assets (consolidated) (4) -- -- -- -- -- -- -- -- -- 62

 63 FA374190005 Net increase in liabilities (consolidated) (4) -- -- -- -- -- -- -- -- -- 63

(1) Sum of the federal government and state and local governments sectors.

(2) Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves. Saving transferred to the households and nonprofit organizations

 sector. Includes value of Treasury and agency- and GSE-backed securities held by state and local government employee retirement funds.

(3) Table F.5, line 63 less line 12.

(4) Excludes Treasury securities and municipal securities held by state and local governments (lines 33 and 35) and federal government loans to state and local governments (line 57).
Transactions

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F.106 Federal Government

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA316010105 Current receipts, NIPA basis -- -- -- -- -- -- -- -- -- 1

 2 FA316210001 Personal current taxes -- -- -- -- -- -- -- -- -- 2

 3 FA316240001 Taxes on production and imports -- -- -- -- -- -- -- -- -- 3

 4 FA316231001 Taxes on corporate income -- -- -- -- -- -- -- -- -- 4

 5 FA316231061 Taxes from the rest of the world -- -- -- -- -- -- -- -- -- 5

 6 FA316601001 Contributions for govt. social insurance -- -- -- -- -- -- -- -- -- 6

 7 FA316150105 Income receipts on assets -- -- -- -- -- -- -- -- -- 7

 8 FA316403105 Current transfer receipts -- -- -- -- -- -- -- -- -- 8

 9 FA316402101 Current surplus of government enterprises -- -- -- -- -- -- -- -- -- 9

 10 FA316900005 Current expenditures, NIPA basis -- -- -- -- -- -- -- -- -- 10

 11 FA316901001 Consumption expenditures -- -- -- -- -- -- -- -- -- 11

 12 FA316404001 Government social benefits -- -- -- -- -- -- -- -- -- 12

 13 FA316403001 Other current transfer payments -- -- -- -- -- -- -- -- -- 13

 14 FA316130001 Interest payments -- -- -- -- -- -- -- -- -- 14

 15 FA316402001 Subsidies -- -- -- -- -- -- -- -- -- 15

 16 FA316006005 Net saving, NIPA basis -- -- -- -- -- -- -- -- -- 16

 17 FA316300001 + Consumption of fixed capital -- -- -- -- -- -- -- -- -- 17

 18 FA313154015 - Insurance and pension reserves (1) -- -- -- -- -- -- -- -- -- 18

 19 FA315440095 - Net capital transfers paid (2) -- -- -- -- -- -- -- -- -- 19

 20 FA316000105 = Gross saving less net capital transfers paid -- -- -- -- -- -- -- -- -- 20

 21 FA315090005 Gross investment -- -- -- -- -- -- -- -- -- 21

 22 FA315019001 Fixed investment -- -- -- -- -- -- -- -- -- 22

 23 FA315420003 Nonproduced nonfinancial assets -- -- -- -- -- -- -- -- -- 23

 24 FA315000005 Net lending (+) or net borrowing (-) -- -- -- -- -- -- -- -- -- 24

 25 FA314090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 25

 26 FA313011005 U.S. official reserve assets -- -- -- -- -- -- -- -- -- 26

 27 FA313020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 27

 28 FA313030003 Time and savings deposits -- -- -- -- -- -- -- -- -- 28

 29 FA314022005 Debt securities -- -- -- -- -- -- -- -- -- 29

 30 FA313061703 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 30

 31 FA313063763 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 31

 32 FA314023005 Loans -- -- -- -- -- -- -- -- -- 32

 33 FA313069005 Other loans and advances -- -- -- -- -- -- -- -- -- 33

 34 FA313065005 Mortgages -- -- -- -- -- -- -- -- -- 34

 35 FA313066220 Consumer credit (3) -- -- -- -- -- -- -- -- -- 35

 36 FA313064105 Corporate equities (4) -- -- -- -- -- -- -- -- -- 36

 37 FA313081115 Miscellaneous other equity -- -- -- -- -- -- -- -- -- 37

 38 FA313070000 Trade receivables -- -- -- -- -- -- -- -- -- 38

 39 FA313078000 Taxes receivable -- -- -- -- -- -- -- -- -- 39

 40 FA313091105 Miscellaneous assets -- -- -- -- -- -- -- -- -- 40

 41 FA314190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 41

 42 FA313111303 SDR allocations -- -- -- -- -- -- -- -- -- 42

 43 FA713014003 SDR certificates -- -- -- -- -- -- -- -- -- 43

 44 FA313112003 Treasury currency -- -- -- -- -- -- -- -- -- 44

 45 FA314122005 Debt securities -- -- -- -- -- -- -- -- -- 45

 46 FA313161105 Treasury securities (5) -- -- -- -- -- -- -- -- -- 46

 47 FA313161705 Budget agency securities -- -- -- -- -- -- -- -- -- 47

 48 FA314123005 Loans -- -- -- -- -- -- -- -- -- 48

 49 FA313165403 Multifamily residential mortgages -- -- -- -- -- -- -- -- -- 49

 50 FA313169005 Other loans and advances -- -- -- -- -- -- -- -- -- 50

 51 FA313169205 Of which: nonmarketable Treasury securities (6) -- -- -- -- -- -- -- -- -- 51

 52 FA313140003 Insurance reserves -- -- -- -- -- -- -- -- -- 52

 53 FA313170005 Trade payables -- -- -- -- -- -- -- -- -- 53

 54 FA313190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 54

 55 FA343073045 Claims of pension fund on sponsor -- -- -- -- -- -- -- -- -- 55

 56 FA313172003 PPP subsidies payable -- -- -- -- -- -- -- -- -- 56

 57 FA313190015 Other -- -- -- -- -- -- -- -- -- 57

 58 FA317005005 Discrepancy -- -- -- -- -- -- -- -- -- 58

 Memo:

 59 FA314000105 Change in cash balance (7) -- -- -- -- -- -- -- -- -- 59

(1) Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves.

(2) Table F.5, line 64 less line 12.

(3) Includes loans originated by the Department of Education under the Federal Direct Loan Program, as well as Federal Family Education Loan Program loans that

 the government purchased from depository institutions and finance companies.

(4) Corporate equities purchased from financial businesses under the Troubled Asset Relief Program (TARP) and from GSEs at issuance price.

(5) Marketable Treasury securities (net of premiums and discounts) issued by the federal government.

(6) Nonmarketable Treasury securities are classified as other loans and advances because they are not negotiable and are therefore not considered debt securities.

(7) Time and savings deposits (line 28) plus checkable deposits and currency at the monetary authority and U.S.-chartered depository institutions sectors (table F.204, lines 3 and 8).
Transactions

22 Z.1, June 7, 2024

F.107 State and Local Governments

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA216010105 Current receipts, NIPA basis -- -- -- -- -- -- -- -- -- 1

 2 FA216210001 Personal current taxes -- -- -- -- -- -- -- -- -- 2

 3 FA216240001 Taxes on production and imports -- -- -- -- -- -- -- -- -- 3

 4 FA216231001 Taxes on corporate income -- -- -- -- -- -- -- -- -- 4

 5 FA216601001 Contributions for govt. social insurance -- -- -- -- -- -- -- -- -- 5

 6 FA216150105 Income receipts on assets -- -- -- -- -- -- -- -- -- 6

 7 FA216403105 Current transfer receipts -- -- -- -- -- -- -- -- -- 7

 8 FA216402101 Current surplus of government enterprises -- -- -- -- -- -- -- -- -- 8

 9 FA216900005 Current expenditures, NIPA basis -- -- -- -- -- -- -- -- -- 9

 10 FA216901001 Consumption expenditures -- -- -- -- -- -- -- -- -- 10

 11 FA216404001 Govt. social benefit payments to persons -- -- -- -- -- -- -- -- -- 11

 12 FA216403001 Other current transfer payments -- -- -- -- -- -- -- -- -- 12

 13 FA216130001 Interest payments -- -- -- -- -- -- -- -- -- 13

 14 FA216402001 Subsidies -- -- -- -- -- -- -- -- -- 14

 15 FA216006005 Net saving, NIPA basis -- -- -- -- -- -- -- -- -- 15

 16 FA216300001 + Consumption of fixed capital -- -- -- -- -- -- -- -- -- 16

 17 FA215440005 - Net capital transfers paid (1) -- -- -- -- -- -- -- -- -- 17

 18 FA216000105 = Gross saving less net capital transfers paid -- -- -- -- -- -- -- -- -- 18

 19 FA215090005 Gross investment -- -- -- -- -- -- -- -- -- 19

 20 FA215019001 Fixed investment -- -- -- -- -- -- -- -- -- 20

 21 FA215420003 Nonproduced nonfinancial assets -- -- -- -- -- -- -- -- -- 21

 22 FA215000005 Net lending (+) or net borrowing (-) -- -- -- -- -- -- -- -- -- 22

 23 FA214090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 23

 24 FA213020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 24

 25 FA213030000 Time and savings deposits -- -- -- -- -- -- -- -- -- 25

 26 FA213034003 Money market fund shares -- -- -- -- -- -- -- -- -- 26

 27 FA212051003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 27

 28 FA214022005 Debt securities -- -- -- -- -- -- -- -- -- 28

 29 FA213069103 Open market paper -- -- -- -- -- -- -- -- -- 29

 30 FA213061103 Treasury securities -- -- -- -- -- -- -- -- -- 30

 31 FA213061703 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 31

 32 FA213062003 Municipal securities -- -- -- -- -- -- -- -- -- 32

 33 FA213063003 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 33

 34 FA214023005 Loans -- -- -- -- -- -- -- -- -- 34

 35 FA213065005 Mortgages -- -- -- -- -- -- -- -- -- 35

 36 FA213069200 Other loans and advances (2) -- -- -- -- -- -- -- -- -- 36

 37 FA213064103 Corporate equities -- -- -- -- -- -- -- -- -- 37

 38 FA213064203 Mutual fund shares -- -- -- -- -- -- -- -- -- 38

 39 FA213070003 Trade receivables -- -- -- -- -- -- -- -- -- 39

 40 FA213078005 Taxes receivable -- -- -- -- -- -- -- -- -- 40

 41 FA213093003 Miscellaneous assets -- -- -- -- -- -- -- -- -- 41

 42 FA214190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 42

 43 FA213162005 Debt securities (municipal securities) -- -- -- -- -- -- -- -- -- 43

 44 FA213162400 Short-term (3) -- -- -- -- -- -- -- -- -- 44

 45 FA213162200 Long-term -- -- -- -- -- -- -- -- -- 45

 46 FA213169203 Loans (U.S. government loans) -- -- -- -- -- -- -- -- -- 46

 47 FA213170003 Trade payables -- -- -- -- -- -- -- -- -- 47

 48 FA223073045 Claims of pension fund on sponsor (4) -- -- -- -- -- -- -- -- -- 48

 49 FA217005005 Discrepancy -- -- -- -- -- -- -- -- -- 49

(1) Table F.5, line 65.

(2) State and Local Government Series (SLGS) nonmarketable Treasury securities classified as loans.

(3) Debt with original maturity of 13 months or less.

(4) Included in miscellaneous liabilities.
Transactions

Z.1, June 7, 2024 23

F.108 Domestic Financial Sectors (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA796000105 Gross saving less net capital transfers paid -- -- -- -- -- -- -- -- -- 1

 2 FA795090005 Gross investment -- -- -- -- -- -- -- -- -- 2

 3 FA795013005 Capital expenditures -- -- -- -- -- -- -- -- -- 3

 4 FA795013005 Fixed nonresidential investment -- -- -- -- -- -- -- -- -- 4

 5 FA795000005 Net lending (+) or net borrowing (-) -- -- -- -- -- -- -- -- -- 5

 6 FA794090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 6

 7 FA713011005 U.S. official reserve assets -- -- -- -- -- -- -- -- -- 7

 8 FA713014003 SDR certificates -- -- -- -- -- -- -- -- -- 8

 9 FA713012003 Treasury currency -- -- -- -- -- -- -- -- -- 9

 10 FA793091005 Foreign deposits -- -- -- -- -- -- -- -- -- 10

 11 FA794010005 Net interbank assets -- -- -- -- -- -- -- -- -- 11

 12 FA793020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 12

 13 FA793030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 13

 14 FA793034005 Money market fund shares -- -- -- -- -- -- -- -- -- 14

 15 FA792050005 Federal funds and security repos -- -- -- -- -- -- -- -- -- 15

 16 FA794022005 Debt securities -- -- -- -- -- -- -- -- -- 16

 17 FA793069175 Open market paper -- -- -- -- -- -- -- -- -- 17

 18 FA793061105 Treasury securities -- -- -- -- -- -- -- -- -- 18

 19 FA793061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 19

 20 FA793062005 Municipal securities -- -- -- -- -- -- -- -- -- 20

 21 FA793063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 21

 22 FA794023005 Loans -- -- -- -- -- -- -- -- -- 22

 23 FA793068005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 23

 24 FA793069005 Other loans and advances -- -- -- -- -- -- -- -- -- 24

 25 FA793065005 Mortgages -- -- -- -- -- -- -- -- -- 25

 26 FA793066005 Consumer credit -- -- -- -- -- -- -- -- -- 26

 27 FA793092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 27

 28 FA793064105 Corporate equities -- -- -- -- -- -- -- -- -- 28

 29 FA793081115 Other equity -- -- -- -- -- -- -- -- -- 29

 30 FA793064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 30

 31 FA793040005 Life insurance reserves -- -- -- -- -- -- -- -- -- 31

 32 FA543050005 Pension entitlements -- -- -- -- -- -- -- -- -- 32

 33 FA793070005 Trade receivables -- -- -- -- -- -- -- -- -- 33

 34 FA793090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 34

 35 FA794194005 Net increase in liabilities and equity -- -- -- -- -- -- -- -- -- 35

 36 FA794190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 36

 37 FA794110005 Net interbank liabilities -- -- -- -- -- -- -- -- -- 37

 38 FA793120005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 38

 39 FA703130005 Time and savings deposits -- -- -- -- -- -- -- -- -- 39

 40 FA634090005 Money market fund shares -- -- -- -- -- -- -- -- -- 40

 41 FA792150005 Federal funds and security repos -- -- -- -- -- -- -- -- -- 41

 42 FA794122005 Debt securities -- -- -- -- -- -- -- -- -- 42

 43 FA793169175 Open market paper -- -- -- -- -- -- -- -- -- 43

 44 FA423161705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 44

 45 FA793163005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 45

 46 FA794123005 Loans -- -- -- -- -- -- -- -- -- 46

 47 FA793168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 47

 48 FA793169005 Other loans and advances -- -- -- -- -- -- -- -- -- 48

 49 FA793192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 49

 50 FA653164205 Mutual fund shares -- -- -- -- -- -- -- -- -- 50

 51 FA543140005 Life insurance reserves -- -- -- -- -- -- -- -- -- 51

 52 FA583150005 Pension entitlements -- -- -- -- -- -- -- -- -- 52

 53 FA793170005 Trade payables -- -- -- -- -- -- -- -- -- 53

 54 FA793178005 Taxes payable -- -- -- -- -- -- -- -- -- 54

 55 FA793190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 55

 56 FA793181105 Net equity issues -- -- -- -- -- -- -- -- -- 56

 57 FA793164105 Corporate equities -- -- -- -- -- -- -- -- -- 57

 58 FA793181115 Other equity -- -- -- -- -- -- -- -- -- 58

 59 FA797005005 Discrepancy -- -- -- -- -- -- -- -- -- 59

(1) Sum of financial sectors shown on tables F.109 through F.132.
Transactions

24 Z.1, June 7, 2024

F.109 Monetary Authority (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA716000105 Gross saving -- -- -- -- -- -- -- -- -- 1

 2 FA715013005 Fixed nonresidential investment -- -- -- -- -- -- -- -- -- 2

 3 FA714090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 3

 4 FA713011005 U.S. official reserve assets -- -- -- -- -- -- -- -- -- 4

 5 FA713014003 SDR certificates -- -- -- -- -- -- -- -- -- 5

 6 FA713012003 Treasury currency -- -- -- -- -- -- -- -- -- 6

 7 FA713022003 Federal Reserve float -- -- -- -- -- -- -- -- -- 7

 8 FA713068705 Interbank loans -- -- -- -- -- -- -- -- -- 8

 9 FA713068703 Discount window (2) -- -- -- -- -- -- -- -- -- 9

 10 FA763069143 AMLF and MMLF loans (3) -- -- -- -- -- -- -- -- -- 10

 11 FA713068725 PPPLF loans (4) -- -- -- -- -- -- -- -- -- 11

 12 FA713068763 Bank Term Funding Program loans -- -- -- -- -- -- -- -- -- 12

 13 FA713068753 Other credit extensions -- -- -- -- -- -- -- -- -- 13

 14 FA712051000 Security repurchase agreements -- -- -- -- -- -- -- -- -- 14

 15 FA714022005 Debt securities -- -- -- -- -- -- -- -- -- 15

 16 FA713069603 Open market paper -- -- -- -- -- -- -- -- -- 16

 17 FA713061103 Treasury securities -- -- -- -- -- -- -- -- -- 17

 18 FA713061113 Treasury bills -- -- -- -- -- -- -- -- -- 18

 19 FA713061125 Other Treasury securities -- -- -- -- -- -- -- -- -- 19

 20 FA713061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 20

 21 FA713061903 Mortgage-backed securities -- -- -- -- -- -- -- -- -- 21

 22 FA713061703 Other agency- and GSE-baked securities -- -- -- -- -- -- -- -- -- 22

 23 FA713068005 Loans (depository institution loans n.e.c.) -- -- -- -- -- -- -- -- -- 23

 24 FA713068813 Households (TALF I) (5) -- -- -- -- -- -- -- -- -- 24

 25 FA713068665 Brokers and dealers (6) -- -- -- -- -- -- -- -- -- 25

 26 FA713068863 Finance companies (PPPLF) (4) -- -- -- -- -- -- -- -- -- 26

 27 FA713068505 Other financial business (7) -- -- -- -- -- -- -- -- -- 27

 28 FA713064103 Corporate equities (8) -- -- -- -- -- -- -- -- -- 28

 29 FA713090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 29

 30 FA713091103 Nonofficial foreign currencies (9) -- -- -- -- -- -- -- -- -- 30

 31 FA713093005 Other -- -- -- -- -- -- -- -- -- 31

 32 FA714194005 Net increase in liabilities and equity -- -- -- -- -- -- -- -- -- 32

 33 FA714190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 33

 34 FA713113003 Depository institution reserves -- -- -- -- -- -- -- -- -- 34

 35 FA703025005 Vault cash of depository institutions -- -- -- -- -- -- -- -- -- 35

 36 FA713120005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 36

 37 FA713123005 Due to federal government -- -- -- -- -- -- -- -- -- 37

 38 FA713123023 Treasury cash holdings -- -- -- -- -- -- -- -- -- 38

 39 FA713123030 Treasury general deposit account -- -- -- -- -- -- -- -- -- 39

 40 FA713123043 Treasury temporary supplementary financing account -- -- -- -- -- -- -- -- -- 40

 41 FA713124005 Due to government-sponsored enterprises -- -- -- -- -- -- -- -- -- 41

 42 FA713129005 Due to other financial business (10) -- -- -- -- -- -- -- -- -- 42

 43 FA713122605 Due to rest of the world -- -- -- -- -- -- -- -- -- 43

 44 FA713125005 Currency outside banks -- -- -- -- -- -- -- -- -- 44

 45 FA712151003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 45

 46 FA712151103 Reverse repurchase agreement operations (11) -- -- -- -- -- -- -- -- -- 46

 47 FA712151115 Other (12) -- -- -- -- -- -- -- -- -- 47

 48 FA713193005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 48

 49 FA713164005 Net equity issues -- -- -- -- -- -- -- -- -- 49

 50 FA313094213 Treasury contributions to MMLF -- -- -- -- -- -- -- -- -- 50

 51 FA713164003 Federal Reserve Bank stock -- -- -- -- -- -- -- -- -- 51

 52 FA717005005 Discrepancy -- -- -- -- -- -- -- -- -- 52

(1) Assets and liabilities of Federal Reserve Banks and Treasury monetary accounts that supply or absorb bank reserves. Excludes the accounts of the Federal Reserve Board.

(2) Loans extended to U.S.-chartered depository institutions through term auction credit, primary credit, secondary credit, and seasonal credit.

(3) Loans extended to U.S.-chartered depository institutions through the 2008-2010 Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF) and the

 2020 Money Market Mutual Fund Liquidity Facility (MMLF). The AMLF was dissolved in 2010:Q1.

(4) Loans extended to depository institutions (line 11) and finance companies (line 26) through the Paycheck Protection Program Liquidity Facility (PPPLF).

(5) Loans extended to financial institutions such as domestic hedge funds through the 2008 Term Asset-Backed Securities Loan Facility (TALF I).

(6) Loans extended through the Federal Reserve’s Primary Dealer Credit Facility (PDCF), AMLF (2008-2010), and MMLF (2020).

(7) Loans extended to Federal Reserve funding, credit, and liquidity facility special purpose vehicles created in response to the 2008 Financial Crisis and COVID-19 pandemic.

(8) Preferred interests in AIA Aurora LLC and ALICO Holdings LLC, two limited liability companies created to hold all the outstanding common stock of American International Assurance

 Company Ltd (AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. Series is zero after 2010:Q4.

(9) Reciprocal currency arrangements (swap lines) with foreign central banks.

(10) Deposits of designated financial market utilities (DFMU) and deposits of Federal Reserve facility LLC’s special purpose vehicles.

(11) Reverse repurchase agreements (RRPs) conducted as part of the Federal Reserve’s Overnight RRP Operational Exercise (beginning 2013:Q3) and term RRP operations (beginning 2014:Q4).

(12) Includes reverse repurchase agreements conducted through the Federal Reserve’s Foreign Repo Pool.
Transactions

Z.1, June 7, 2024 25

F.110 Private Depository Institutions (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA706000105 Gross saving less net capital transfers paid -- -- -- -- -- -- -- -- -- 1

 2 FA705013005 Fixed nonresidential investment -- -- -- -- -- -- -- -- -- 2

 3 FA705000005 Net lending (+) or net borrowing (-) -- -- -- -- -- -- -- -- -- 3

 4 FA704090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 4

 5 FA703025005 Vault cash -- -- -- -- -- -- -- -- -- 5

 6 FA713113003 Reserves at Federal Reserve -- -- -- -- -- -- -- -- -- 6

 7 FA702050005 Federal funds and security repos -- -- -- -- -- -- -- -- -- 7

 8 FA704022005 Debt securities -- -- -- -- -- -- -- -- -- 8

 9 FA703069175 Open market paper -- -- -- -- -- -- -- -- -- 9

 10 FA703061105 Treasury securities -- -- -- -- -- -- -- -- -- 10

 11 FA703061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 11

 12 FA703062005 Municipal securities -- -- -- -- -- -- -- -- -- 12

 13 FA703063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 13

 14 FA704023005 Loans -- -- -- -- -- -- -- -- -- 14

 15 FA703068005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 15

 16 FA703069005 Other loans and advances -- -- -- -- -- -- -- -- -- 16

 17 FA703065005 Mortgages -- -- -- -- -- -- -- -- -- 17

 18 FA703066005 Consumer credit -- -- -- -- -- -- -- -- -- 18

 19 FA763092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 19

 20 FA703064105 Corporate equities -- -- -- -- -- -- -- -- -- 20

 21 FA763092100 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 21

 22 FA703094905 Miscellaneous other equity -- -- -- -- -- -- -- -- -- 22

 23 FA703064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 23

 24 FA763040005 Life insurance reserves -- -- -- -- -- -- -- -- -- 24

 25 FA703090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 25

 26 FA704194005 Net increase in liabilities and equity -- -- -- -- -- -- -- -- -- 26

 27 FA704190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 27

 28 FA704110005 Net interbank liabilities -- -- -- -- -- -- -- -- -- 28

 29 FA703127005 Checkable deposits -- -- -- -- -- -- -- -- -- 29

 30 FA703130005 Time and savings deposits -- -- -- -- -- -- -- -- -- 30

 31 FA702150005 Federal funds and security repos -- -- -- -- -- -- -- -- -- 31

 32 FA704122005 Debt securities -- -- -- -- -- -- -- -- -- 32

 33 FA703169175 Open market paper -- -- -- -- -- -- -- -- -- 33

 34 FA763163005 Corporate bonds -- -- -- -- -- -- -- -- -- 34

 35 FA703169005 Loans (other loans and advances) -- -- -- -- -- -- -- -- -- 35

 36 FA753192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 36

 37 FA763178000 Taxes payable (net) -- -- -- -- -- -- -- -- -- 37

 38 FA703190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 38

 39 FA763194705 Other investment by holding company parent -- -- -- -- -- -- -- -- -- 39

 40 FA703193005 Other -- -- -- -- -- -- -- -- -- 40

 41 FA703181105 Net equity issues -- -- -- -- -- -- -- -- -- 41

 42 FA763164105 Corporate equities -- -- -- -- -- -- -- -- -- 42

 43 FA753192103 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 43

 44 FA763194603 Equity investment by holding company parent -- -- -- -- -- -- -- -- -- 44

 45 FA753194503 Investment by other financial business -- -- -- -- -- -- -- -- -- 45

 46 FA707005005 Discrepancy -- -- -- -- -- -- -- -- -- 46

 Memo:

 47 FA763066303 Consumer leases not included above (2) -- -- -- -- -- -- -- -- -- 47

 48 FA703139105 Uninsured deposits (3) -- -- -- -- -- -- -- -- -- 48

(1) U.S.-chartered depository institutions (F.111), foreign banking offices (F.112), banks in U.S.-affiliated areas (F.113), and credit unions (F.114).

(2) Receivables from operating leases, such as consumer automobile leases, are booked as current income when payments are received and are not included in financial assets (or household liabilities).

 The leased automobile is a nonfinancial asset; depreciation is included in line 1, and fixed investment is included in line 2.

(3) Includes checkable deposits (line 29) and time and savings deposits (line 30) not insured by the Federal Deposit Insurance Corporation or the National Credit Union Share Insurance Fund.
Transactions

26 Z.1, June 7, 2024

F.111 U.S.-Chartered Depository Institutions

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA766000105 Gross saving less net capital transfers paid -- -- -- -- -- -- -- -- -- 1

 2 FA765013005 Fixed nonresidential investment -- -- -- -- -- -- -- -- -- 2

 3 FA764090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 3

 4 FA763025000 Vault cash -- -- -- -- -- -- -- -- -- 4

 5 FA763013005 Reserves at Federal Reserve -- -- -- -- -- -- -- -- -- 5

 6 FA762050005 Federal funds and security repos -- -- -- -- -- -- -- -- -- 6

 7 FA764022005 Debt securities -- -- -- -- -- -- -- -- -- 7

 8 FA763069175 Open market paper -- -- -- -- -- -- -- -- -- 8

 9 FA763061100 Treasury securities -- -- -- -- -- -- -- -- -- 9

 10 FA763061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 10

 11 FA763061805 Residential mortgage pass-through securities -- -- -- -- -- -- -- -- -- 11

 12 FA763061503 Commercial mortgage pass-through securities -- -- -- -- -- -- -- -- -- 12

 13 FA763061603 Residential CMOs and other structured MBS -- -- -- -- -- -- -- -- -- 13

 14 FA763061403 Commercial CMOs and other structured MBS -- -- -- -- -- -- -- -- -- 14

 15 FA763061795 Other -- -- -- -- -- -- -- -- -- 15

 16 FA763062000 Municipal securities -- -- -- -- -- -- -- -- -- 16

 17 FA763063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 17

 18 FA763063673 Private residential mortgage pass-through securities -- -- -- -- -- -- -- -- -- 18

 19 FA763063653 Private commercial mortgage pass-through securities -- -- -- -- -- -- -- -- -- 19

 20 FA763063663 Private residential CMOs and other structured MBS -- -- -- -- -- -- -- -- -- 20

 21 FA763063693 Private commercial CMOs and other structured MBS -- -- -- -- -- -- -- -- -- 21

 22 FA763063095 Other -- -- -- -- -- -- -- -- -- 22

 23 FA764023005 Loans -- -- -- -- -- -- -- -- -- 23

 24 FA763068005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 24

 25 FA763069005 Other loans and advances -- -- -- -- -- -- -- -- -- 25

 26 FA763065005 Mortgages -- -- -- -- -- -- -- -- -- 26

 27 FA763066000 Consumer credit -- -- -- -- -- -- -- -- -- 27

 28 FA763092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 28

 29 FA763064103 Corporate equities -- -- -- -- -- -- -- -- -- 29

 30 FA763092100 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 30

 31 FA763094905 Miscellaneous other equity -- -- -- -- -- -- -- -- -- 31

 32 FA763064203 Mutual fund shares -- -- -- -- -- -- -- -- -- 32

 33 FA763040005 Life insurance reserves -- -- -- -- -- -- -- -- -- 33

 34 FA763090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 34

 35 FA764194005 Net increase in liabilities and equity -- -- -- -- -- -- -- -- -- 35

 36 FA764190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 36

 37 FA764110005 Net interbank liabilities -- -- -- -- -- -- -- -- -- 37

 38 FA713022003 Federal Reserve float -- -- -- -- -- -- -- -- -- 38

 39 FA713068715 Borrowing from Federal Reserve banks -- -- -- -- -- -- -- -- -- 39

 40 FA764112005 To domestic banking -- -- -- -- -- -- -- -- -- 40

 41 FA764116005 To foreign banks -- -- -- -- -- -- -- -- -- 41

 42 FA763127005 Checkable deposits -- -- -- -- -- -- -- -- -- 42

 43 FA763123005 Federal government -- -- -- -- -- -- -- -- -- 43

 44 FA763128000 State and local government -- -- -- -- -- -- -- -- -- 44

 45 FA763129205 Private domestic -- -- -- -- -- -- -- -- -- 45

 46 FA763122605 Rest of the world -- -- -- -- -- -- -- -- -- 46

 47 FA763130005 Time and savings deposits -- -- -- -- -- -- -- -- -- 47

 48 FA762150005 Federal funds and security repos -- -- -- -- -- -- -- -- -- 48

 49 FA764122005 Debt securities -- -- -- -- -- -- -- -- -- 49

 50 FA763169175 Open market paper -- -- -- -- -- -- -- -- -- 50

 51 FA763163005 Corporate bonds -- -- -- -- -- -- -- -- -- 51

 52 FA763169305 Loans (other loans and advances) -- -- -- -- -- -- -- -- -- 52

 53 FA763178000 Taxes payable (net) -- -- -- -- -- -- -- -- -- 53

 54 FA763190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 54

 55 FA763194705 Other investment by holding company parents -- -- -- -- -- -- -- -- -- 55

 56 FA763193005 Other -- -- -- -- -- -- -- -- -- 56

 57 FA763181105 Net equity issues -- -- -- -- -- -- -- -- -- 57

 58 FA763164105 Corporate equities -- -- -- -- -- -- -- -- -- 58

 59 FA763194603 Equity investment by holding company parents -- -- -- -- -- -- -- -- -- 59

 60 FA767005005 Discrepancy -- -- -- -- -- -- -- -- -- 60

 Memo:

 61 FA763066303 Consumer leases not included above (1) -- -- -- -- -- -- -- -- -- 61

 62 FA763139105 Uninsured deposits (2) -- -- -- -- -- -- -- -- -- 62

(1) Receivables from operating leases, such as consumer automobile leases, are booked as current income when payments are received and are not included in financial assets (or household liabilities).

 The leased automobile is a nonfinancial asset; depreciation is included in line 1, and fixed investment is included in line 2.

(2) Includes checkable deposits (line 42) and time and savings deposits (line 47) not insured by the Federal Deposit Insurance Corporation.
Transactions

Z.1, June 7, 2024 27

F.112 Foreign Banking Offices in U.S. (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA756330005 Gross saving -- -- -- -- -- -- -- -- -- 1

 2 FA755013005 Fixed nonresidential investment -- -- -- -- -- -- -- -- -- 2

 3 FA754090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 3

 4 FA753025003 Vault cash -- -- -- -- -- -- -- -- -- 4

 5 FA753013003 Reserves at Federal Reserve -- -- -- -- -- -- -- -- -- 5

 6 FA752050005 Federal funds and security repos -- -- -- -- -- -- -- -- -- 6

 7 FA754022005 Debt securities -- -- -- -- -- -- -- -- -- 7

 8 FA753069603 Open market paper -- -- -- -- -- -- -- -- -- 8

 9 FA753061103 Treasury securities -- -- -- -- -- -- -- -- -- 9

 10 FA753061703 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 10

 11 FA753062003 Municipal securities -- -- -- -- -- -- -- -- -- 11

 12 FA753063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 12

 13 FA754023005 Loans -- -- -- -- -- -- -- -- -- 13

 14 FA753068005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 14

 15 FA753069703 Other loans and advances -- -- -- -- -- -- -- -- -- 15

 16 FA753065005 Mortgages -- -- -- -- -- -- -- -- -- 16

 17 FA753064103 Corporate equities -- -- -- -- -- -- -- -- -- 17

 18 FA753093005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 18

 19 FA754194005 Net increase in liabilities and equity -- -- -- -- -- -- -- -- -- 19

 20 FA754190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 20

 21 FA754110005 Net interbank liabilities -- -- -- -- -- -- -- -- -- 21

 22 FA754116005 To foreign banks -- -- -- -- -- -- -- -- -- 22

 23 FA754112005 To domestic banks -- -- -- -- -- -- -- -- -- 23

 24 FA753127005 Checkable deposits -- -- -- -- -- -- -- -- -- 24

 25 FA753130005 Time and savings deposits -- -- -- -- -- -- -- -- -- 25

 26 FA752150005 Federal funds and security repos -- -- -- -- -- -- -- -- -- 26

 27 FA753169175 Debt securities (open market paper) -- -- -- -- -- -- -- -- -- 27

 28 FA753192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 28

 29 FA753193005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 29

 30 FA753181115 Net equity issues -- -- -- -- -- -- -- -- -- 30

 31 FA753192103 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 31

 32 FA753194503 Investment by other financial business -- -- -- -- -- -- -- -- -- 32

 33 FA757005005 Discrepancy -- -- -- -- -- -- -- -- -- 33

 Memo:

 34 FA753139105 Uninsured deposits (2) -- -- -- -- -- -- -- -- -- 34

(1) Branches and agencies of foreign banks, Edge Act and Agreement corporations, New York investment companies (through 1996:Q2), and American Express Bank (through 2008:Q4).

(2) All checkable deposits (line 24) and time and savings deposits (line 25) are considered uninsured according to the Federal Deposit Insurance Act.
Transactions

28 Z.1, June 7, 2024

F.113 Banks in U.S.-Affiliated Areas (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA746330005 Gross saving -- -- -- -- -- -- -- -- -- 1

 2 FA745013005 Fixed nonresidential investment -- -- -- -- -- -- -- -- -- 2

 3 FA744090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 3

 4 FA743013003 Reserves at Federal Reserve -- -- -- -- -- -- -- -- -- 4

 5 FA744022003 Debt securities -- -- -- -- -- -- -- -- -- 5

 6 FA743061103 Treasury securities -- -- -- -- -- -- -- -- -- 6

 7 FA743061703 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 7

 8 FA743062003 Municipal securities -- -- -- -- -- -- -- -- -- 8

 9 FA743063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 9

 10 FA744023003 Loans -- -- -- -- -- -- -- -- -- 10

 11 FA743068005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 11

 12 FA743065103 One-to-four-family residential mortgages -- -- -- -- -- -- -- -- -- 12

 13 FA743065505 Commercial mortgages -- -- -- -- -- -- -- -- -- 13

 14 FA743093005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 14

 15 FA744190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 15

 16 FA744110005 Net interbank liabilities -- -- -- -- -- -- -- -- -- 16

 17 FA743127003 Checkable deposits -- -- -- -- -- -- -- -- -- 17

 18 FA743130003 Time and savings deposits -- -- -- -- -- -- -- -- -- 18

 19 FA743193005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 19

 20 FA747005005 Discrepancy -- -- -- -- -- -- -- -- -- 20

 Memo:

 21 FA743139105 Uninsured deposits (2) -- -- -- -- -- -- -- -- -- 21

(1) Commercial banks and branches of U.S.-chartered depository institutions located in Puerto Rico, the U.S. Virgin Islands, American Samoa, Guam, and other U.S.-affiliated insular areas.

(2) Includes checkable deposits (line 17) and time and savings deposits (line 18) not insured by the Federal Deposit Insurance Corporation.

F.114 Credit Unions

Billions of dollars; quarterly figures are seasonally adjusted annual rates

 1 FA476000105 Gross saving -- -- -- -- -- -- -- -- -- 1

 2 FA475013005 Fixed nonresidential investment -- -- -- -- -- -- -- -- -- 2

 3 FA474090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 3

 4 FA473013005 Reserves at Federal Reserve -- -- -- -- -- -- -- -- -- 4

 5 FA472050053 Federal funds and security repos -- -- -- -- -- -- -- -- -- 5

 6 FA474022005 Debt securities -- -- -- -- -- -- -- -- -- 6

 7 FA473069153 Open market paper -- -- -- -- -- -- -- -- -- 7

 8 FA473061105 Treasury securities -- -- -- -- -- -- -- -- -- 8

 9 FA473061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 9

 10 FA473062005 Municipal securities -- -- -- -- -- -- -- -- -- 10

 11 FA473063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 11

 12 FA474023000 Loans -- -- -- -- -- -- -- -- -- 12

 13 FA473068005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 13

 14 FA473065100 One-to-four-family residential mortgages -- -- -- -- -- -- -- -- -- 14

 15 FA473066000 Consumer credit -- -- -- -- -- -- -- -- -- 15

 16 FA473092403 Equity in FHLB -- -- -- -- -- -- -- -- -- 16

 17 FA473064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 17

 18 FA473093005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 18

 19 FA474190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 19

 20 FA474110005 Net interbank liabilities -- -- -- -- -- -- -- -- -- 20

 21 FA473127003 Checkable deposits -- -- -- -- -- -- -- -- -- 21

 22 FA473130005 Time and savings deposits -- -- -- -- -- -- -- -- -- 22

 23 FA472150053 Federal funds and security repos -- -- -- -- -- -- -- -- -- 23

 24 FA473169333 Loans (other loans and advances) -- -- -- -- -- -- -- -- -- 24

 25 FA473193005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 25

 26 FA477005005 Discrepancy -- -- -- -- -- -- -- -- -- 26

 Memo:

 27 FA473139103 Uninsured deposits (1) -- -- -- -- -- -- -- -- -- 27

(1) Includes checkable deposits (line 21) and time and savings deposits (line 22) not insured by the National Credit Union Share Insurance Fund.
Transactions

Z.1, June 7, 2024 29

F.115 Property-Casualty Insurance Companies

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA516000105 Gross saving less net capital transfers paid (1) -- -- -- -- -- -- -- -- -- 1

 2 FA515013005 Fixed nonresidential investment -- -- -- -- -- -- -- -- -- 2

 3 FA514090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 3

 4 FA513020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 4

 5 FA513034005 Money market fund shares -- -- -- -- -- -- -- -- -- 5

 6 FA512051005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 6

 7 FA514022005 Debt securities -- -- -- -- -- -- -- -- -- 7

 8 FA513069105 Open market paper -- -- -- -- -- -- -- -- -- 8

 9 FA513061105 Treasury securities -- -- -- -- -- -- -- -- -- 9

 10 FA513061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 10

 11 FA513062005 Municipal securities -- -- -- -- -- -- -- -- -- 11

 12 FA513063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 12

 13 FA513065505 Loans (commercial mortgages) -- -- -- -- -- -- -- -- -- 13

 14 FA513092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 14

 15 FA513064105 Corporate equities -- -- -- -- -- -- -- -- -- 15

 16 FA513092103 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 16

 17 FA513092403 Equity in FHLB -- -- -- -- -- -- -- -- -- 17

 18 FA513064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 18

 19 FA513070005 Trade receivables -- -- -- -- -- -- -- -- -- 19

 20 FA513090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 20

 21 FA513076005 Policy payables (2) -- -- -- -- -- -- -- -- -- 21

 22 FA513094703 Receivables due from holding company parents -- -- -- -- -- -- -- -- -- 22

 23 FA513093005 Other -- -- -- -- -- -- -- -- -- 23

 24 FA514194005 Net increase in liabilities and equity -- -- -- -- -- -- -- -- -- 24

 25 FA514190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 25

 26 FA512151003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 26

 27 FA513169333 Loans (other loans and advances) -- -- -- -- -- -- -- -- -- 27

 28 FA513192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 28

 29 FA513170005 Trade payables -- -- -- -- -- -- -- -- -- 29

 30 FA513178005 Taxes payable -- -- -- -- -- -- -- -- -- 30

 31 FA513190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 31

 32 FA513194703 Other investment by holding company parent -- -- -- -- -- -- -- -- -- 32

 33 FA513176005 Policy payables -- -- -- -- -- -- -- -- -- 33

 34 FA513193005 Other -- -- -- -- -- -- -- -- -- 34

 35 FA513181105 Net equity issues -- -- -- -- -- -- -- -- -- 35

 36 FA513164105 Corporate equity issues -- -- -- -- -- -- -- -- -- 36

 37 FA513192103 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 37

 38 FA513194603 Equity investment by holding company parent -- -- -- -- -- -- -- -- -- 38

 39 FA517005005 Discrepancy -- -- -- -- -- -- -- -- -- 39

 Memo:

 40 FA513200003 Securities lending (3) -- -- -- -- -- -- -- -- -- 40

 41 FA513176015 Direct reserve -- -- -- -- -- -- -- -- -- 41

 42 FA513176025 Reinsured to U.S. reinsurers -- -- -- -- -- -- -- -- -- 42

 43 FA263176005 Reinsured to non-U.S. reinsurers -- -- -- -- -- -- -- -- -- 43

 44 FA263076005 Reinsured from non-U.S. reinsurers -- -- -- -- -- -- -- -- -- 44

(1) Net capital transfers paid from table F.5, line 53.

(2) Policy payables due from reinsurers.

(3) Liability for securities lending collateral, included in line 34.
Transactions

30 Z.1, June 7, 2024

F.116 Life Insurance Companies (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA546000105 Gross saving less net capital transfers paid (2) -- -- -- -- -- -- -- -- -- 1

 2 FA545013005 Fixed nonresidential investment -- -- -- -- -- -- -- -- -- 2

 3 FA544090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 3

 4 FA543020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 4

 5 FA543034005 Money market fund shares -- -- -- -- -- -- -- -- -- 5

 6 FA542051075 Security repurchase agreements -- -- -- -- -- -- -- -- -- 6

 7 FA544022005 Debt securities -- -- -- -- -- -- -- -- -- 7

 8 FA543069105 Open market paper -- -- -- -- -- -- -- -- -- 8

 9 FA543061105 Treasury securities -- -- -- -- -- -- -- -- -- 9

 10 FA543061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 10

 11 FA543062005 Municipal securities -- -- -- -- -- -- -- -- -- 11

 12 FA543063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 12

 13 FA544023005 Loans -- -- -- -- -- -- -- -- -- 13

 14 FA543069005 Other loans and advances -- -- -- -- -- -- -- -- -- 14

 15 FA543065005 Mortgages -- -- -- -- -- -- -- -- -- 15

 16 FA543092375 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 16

 17 FA543064105 Corporate equities -- -- -- -- -- -- -- -- -- 17

 18 FA543092173 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 18

 19 FA543092473 Equity in FHLB -- -- -- -- -- -- -- -- -- 19

 20 FA543064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 20

 21 FA543040005 Life insurance reserves -- -- -- -- -- -- -- -- -- 21

 22 FA543050005 Pension entitlements -- -- -- -- -- -- -- -- -- 22

 23 FA543070005 Trade receivables -- -- -- -- -- -- -- -- -- 23

 24 FA543090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 24

 25 FA543094703 Balances due from holding company parents -- -- -- -- -- -- -- -- -- 25

 26 FA543077073 Deferred and unpaid life ins. premiums -- -- -- -- -- -- -- -- -- 26

 27 FA543095105 Other reserves -- -- -- -- -- -- -- -- -- 27

 28 FA543093005 Other -- -- -- -- -- -- -- -- -- 28

 29 FA544194005 Net increase in liabilities and equity -- -- -- -- -- -- -- -- -- 29

 30 FA544190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 30

 31 FA542151073 Security repurchase agreements -- -- -- -- -- -- -- -- -- 31

 32 FA543169373 Loans (other loans and advances) -- -- -- -- -- -- -- -- -- 32

 33 FA543192375 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 33

 34 FA543140005 Life insurance reserves -- -- -- -- -- -- -- -- -- 34

 35 FA543150005 Pension entitlements (3) -- -- -- -- -- -- -- -- -- 35

 36 FA543170005 Trade payables -- -- -- -- -- -- -- -- -- 36

 37 FA543178075 Taxes payable -- -- -- -- -- -- -- -- -- 37

 38 FA543190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 38

 39 FA543194703 Other investment by holding company parent -- -- -- -- -- -- -- -- -- 39

 40 FA673090543 Funding agreements backing securities (4) -- -- -- -- -- -- -- -- -- 40

 41 FA543195005 Other reserves (5) -- -- -- -- -- -- -- -- -- 41

 42 FA593095005 Unallocated insurance contracts -- -- -- -- -- -- -- -- -- 42

 43 FA543193005 Other -- -- -- -- -- -- -- -- -- 43

 44 FA543181105 Net equity issues -- -- -- -- -- -- -- -- -- 44

 45 FA543164175 Corporate equity issues -- -- -- -- -- -- -- -- -- 45

 46 FA543192173 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 46

 47 FA543194603 Equity investment by holding company parent -- -- -- -- -- -- -- -- -- 47

 48 FA547005005 Discrepancy -- -- -- -- -- -- -- -- -- 48

 Memo:

 49 FA543200073 Securities lending (6) -- -- -- -- -- -- -- -- -- 49

 50 FA543176015 Direct reserve -- -- -- -- -- -- -- -- -- 50

 51 FA543176025 Reinsured to U.S. reinsurers -- -- -- -- -- -- -- -- -- 51

 52 FA543076035 Reinsured to non-U.S. reinsurers -- -- -- -- -- -- -- -- -- 52

 53 FA543176035 Reinsured from non-U.S. reinsurers -- -- -- -- -- -- -- -- -- 53

(1) Additional detail on the financial assets and liabilities held in life insurer’s general and separate accounts is available on tables F.116.g and F.116.s.

(2) Net capital transfers paid from table F.5, line 54.

(3) Annuity reserves held by life insurance companies, excluding unallocated contracts held by pension funds, which are shown on line 40.

(4) Equal to funding agreement-backed securities (FABS) issued by domestic issuers of asset-backed securities.

(5) Includes reserves for accident and health policies, policy dividend accumulation, and contract claims.

(6) Liability for securities lending collateral, included in line 43.
Transactions

Z.1, June 7, 2024 31

F.116.g Life Insurance Companies: General Accounts

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA544090075 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 1

 2 FA543020075 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FA543034075 Money market fund shares -- -- -- -- -- -- -- -- -- 3

 4 FA542051075 Security repurchase agreements -- -- -- -- -- -- -- -- -- 4

 5 FA544022075 Debt securities -- -- -- -- -- -- -- -- -- 5

 6 FA543069175 Open market paper -- -- -- -- -- -- -- -- -- 6

 7 FA543061175 Treasury securities -- -- -- -- -- -- -- -- -- 7

 8 FA543061775 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 8

 9 FA543062075 Municipal securities -- -- -- -- -- -- -- -- -- 9

 10 FA543063075 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 10

 11 FA544023075 Loans -- -- -- -- -- -- -- -- -- 11

 12 FA543069075 Other loans and advances -- -- -- -- -- -- -- -- -- 12

 13 FA543065075 Mortgages -- -- -- -- -- -- -- -- -- 13

 14 FA543092375 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 14

 15 FA543064175 Corporate equities -- -- -- -- -- -- -- -- -- 15

 16 FA543092173 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 16

 17 FA543092473 Equity in FHLB -- -- -- -- -- -- -- -- -- 17

 18 FA543064275 Mutual fund shares -- -- -- -- -- -- -- -- -- 18

 19 FA543040075 Life insurance reserves -- -- -- -- -- -- -- -- -- 19

 20 FA543050075 Pension entitlements -- -- -- -- -- -- -- -- -- 20

 21 FA543070075 Trade receivables -- -- -- -- -- -- -- -- -- 21

 22 FA543090075 Miscellaneous assets -- -- -- -- -- -- -- -- -- 22

 23 FA544194075 Net increase in liabilities and equity -- -- -- -- -- -- -- -- -- 23

 24 FA544190075 Net increase in liabilities -- -- -- -- -- -- -- -- -- 24

 25 FA542151073 Security repurchase agreements -- -- -- -- -- -- -- -- -- 25

 26 FA543169373 Loans (other loans and advances) -- -- -- -- -- -- -- -- -- 26

 27 FA543192375 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 27

 28 FA543140075 Life insurance reserves -- -- -- -- -- -- -- -- -- 28

 29 FA543150075 Pension entitlements (1) -- -- -- -- -- -- -- -- -- 29

 30 FA543170075 Trade payables -- -- -- -- -- -- -- -- -- 30

 31 FA543178075 Taxes payable -- -- -- -- -- -- -- -- -- 31

 32 FA543190075 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 32

 33 FA543181105 Net equity issues -- -- -- -- -- -- -- -- -- 33

 34 FA543164175 Corporate equity issues -- -- -- -- -- -- -- -- -- 34

 35 FA543192173 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 35

 36 FA543194603 Equity investment by holding company parent -- -- -- -- -- -- -- -- -- 36

(1) Annuity reserves held by life insurance companies, excluding unallocated contracts held by pension funds, which are included in miscellaneous liabilities (line 32).

F.116.s Life Insurance Companies: Separate Accounts

Billions of dollars; quarterly figures are seasonally adjusted annual rates

 1 FA544090085 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 1

 2 FA543020083 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FA543034385 Money market fund shares -- -- -- -- -- -- -- -- -- 3

 4 FA544022085 Debt securities -- -- -- -- -- -- -- -- -- 4

 5 FA543069183 Open market paper -- -- -- -- -- -- -- -- -- 5

 6 FA543061183 Treasury securities -- -- -- -- -- -- -- -- -- 6

 7 FA543061783 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 7

 8 FA543062083 Municipal securities -- -- -- -- -- -- -- -- -- 8

 9 FA543063085 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 9

 10 FA544023085 Loans -- -- -- -- -- -- -- -- -- 10

 11 FA543069483 Other loans and advances -- -- -- -- -- -- -- -- -- 11

 12 FA543065083 Mortgages -- -- -- -- -- -- -- -- -- 12

 13 FA543064185 Corporate equities -- -- -- -- -- -- -- -- -- 13

 14 FA543064385 Mutual fund shares -- -- -- -- -- -- -- -- -- 14

 15 FA543040085 Life insurance reserves -- -- -- -- -- -- -- -- -- 15

 16 FA543050085 Pension entitlements -- -- -- -- -- -- -- -- -- 16

 17 FA543070085 Trade receivables -- -- -- -- -- -- -- -- -- 17

 18 FA543090085 Miscellaneous assets -- -- -- -- -- -- -- -- -- 18

 19 FA544190085 Net increase in liabilities -- -- -- -- -- -- -- -- -- 19

 20 FA543140085 Life insurance reserves -- -- -- -- -- -- -- -- -- 20

 21 FA543150085 Pension entitlements (1) -- -- -- -- -- -- -- -- -- 21

 22 FA543170085 Trade payables -- -- -- -- -- -- -- -- -- 22

 23 FA543190085 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 23

(1) Annuity reserves held by life insurance companies, excluding unallocated contracts held by pension funds which are included in miscellaneous liabilities (line 23).
Transactions

32 Z.1, June 7, 2024

F.117 Private and Public Pension Funds (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA596330005 Gross saving -- -- -- -- -- -- -- -- -- 1

 2 FA595013005 Fixed nonresidential investment -- -- -- -- -- -- -- -- -- 2

 3 FA594090005 Net acquisition of financial assets (2) -- -- -- -- -- -- -- -- -- 3

 4 FA593020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 4

 5 FA593030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 5

 6 FA593034005 Money market fund shares -- -- -- -- -- -- -- -- -- 6

 7 FA592051005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 7

 8 FA594022005 Debt securities -- -- -- -- -- -- -- -- -- 8

 9 FA593069105 Open market paper -- -- -- -- -- -- -- -- -- 9

 10 FA593061105 Treasury securities -- -- -- -- -- -- -- -- -- 10

 11 FA593061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 11

 12 FA593062045 Municipal securities -- -- -- -- -- -- -- -- -- 12

 13 FA593063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 13

 14 FA594023005 Loans -- -- -- -- -- -- -- -- -- 14

 15 FA343069005 Other loans and advances (3) -- -- -- -- -- -- -- -- -- 15

 16 FA593065005 Mortgages -- -- -- -- -- -- -- -- -- 16

 17 FA593064105 Corporate equities -- -- -- -- -- -- -- -- -- 17

 18 FA593064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 18

 19 FA593090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 19

 20 FA593095005 Unallocated insurance contracts (4) -- -- -- -- -- -- -- -- -- 20

 21 FA573074005 Contributions receivable -- -- -- -- -- -- -- -- -- 21

 22 FA593073005 Claims of pension fund on sponsor (5) -- -- -- -- -- -- -- -- -- 22

 23 FA593093005 Other -- -- -- -- -- -- -- -- -- 23

 24 FA594190005 Net increase in pension entitlements (liabilities) -- -- -- -- -- -- -- -- -- 24

 Memo:

 25 FA153050015 Household retirement assets (6) -- -- -- -- -- -- -- -- -- 25

 26 FA594190045 Defined benefit plans -- -- -- -- -- -- -- -- -- 26

 27 FA594090055 Defined contribution plans -- -- -- -- -- -- -- -- -- 27

 28 FA893131573 Individual retirement plans (IRAs) (7) -- -- -- -- -- -- -- -- -- 28

 29 FA543150015 Annuities at life insurance companies (8) -- -- -- -- -- -- -- -- -- 29

(1) Private pension funds, state and local government employee retirement funds, and federal government employee retirement funds defined benefit plans and defined contribution plans.

(2) Includes claims on sponsor (i.e., unfunded pension entitlements).

(3) Nonmarketable Treasury securities classified as loans and suspended reinvestments in the Thrift Savings Plan G Fund.

(4) Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts; series begins 1985:Q4.

(5) Unfunded defined benefit pension entitlements.

(6) Households’ retirement assets in tax-deferred accounts, including employer sponsored pension plans, IRAs, Roth IRAs, and annuities.

(7) IRA assets are not included above. See memo item on table F.229 for a sectoral distribution of IRA accounts.

(8) Annuities held in IRAs are excluded. They are included in line 28.
Transactions

Z.1, June 7, 2024 33

F.118 Private Pension Funds (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA576330005 Gross saving -- -- -- -- -- -- -- -- -- 1

 2 FA575013005 Fixed nonresidential investment -- -- -- -- -- -- -- -- -- 2

 3 FA574090005 Net acquisition of financial assets (2) -- -- -- -- -- -- -- -- -- 3

 4 FA573020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 4

 5 FA573030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 5

 6 FA573034005 Money market fund shares -- -- -- -- -- -- -- -- -- 6

 7 FA572051005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 7

 8 FA574022005 Debt securities -- -- -- -- -- -- -- -- -- 8

 9 FA573069105 Open market paper -- -- -- -- -- -- -- -- -- 9

 10 FA573061105 Treasury securities -- -- -- -- -- -- -- -- -- 10

 11 FA573061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 11

 12 FA573063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 12

 13 FA573065005 Loans (mortgages) -- -- -- -- -- -- -- -- -- 13

 14 FA573064105 Corporate equities -- -- -- -- -- -- -- -- -- 14

 15 FA573064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 15

 16 FA573090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 16

 17 FA573095005 Unallocated insurance contracts (3) -- -- -- -- -- -- -- -- -- 17

 18 FA573074005 Contributions receivable -- -- -- -- -- -- -- -- -- 18

 19 FA573073005 Claims of pension fund on sponsor (4) -- -- -- -- -- -- -- -- -- 19

 20 FA573093005 Other -- -- -- -- -- -- -- -- -- 20

 21 FA574190005 Net increase in pension entitlements (liabilities) -- -- -- -- -- -- -- -- -- 21

 Memo:

 Net acquisition of financial assets

 22 FA574090045 Defined benefit plans (5) -- -- -- -- -- -- -- -- -- 22

 23 FA574090055 Defined contribution plans (6) -- -- -- -- -- -- -- -- -- 23

(1) Private defined benefit plans and defined contribution plans (including 401(k) type plans).

(2) Includes claims on sponsor (i.e., unfunded pension entitlements).

(3) Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts; series begins 1985:Q4.

(4) Unfunded defined benefit pension entitlements.

(5) Additional detail on defined benefit plans is available on table F.118.b.

(6) Additional detail on defined contribution plans is available on table F.118.c.
Transactions

34 Z.1, June 7, 2024

F.118.b Private Pension Funds: Defined Benefit Plans

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA574090045 Net acquisition of financial assets (1) -- -- -- -- -- -- -- -- -- 1

 2 FA573020043 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FA573030043 Time and savings deposits -- -- -- -- -- -- -- -- -- 3

 4 FA573034043 Money market fund shares -- -- -- -- -- -- -- -- -- 4

 5 FA572051043 Security repurchase agreements -- -- -- -- -- -- -- -- -- 5

 6 FA574022045 Debt securities -- -- -- -- -- -- -- -- -- 6

 7 FA573069143 Open market paper -- -- -- -- -- -- -- -- -- 7

 8 FA573061143 Treasury securities -- -- -- -- -- -- -- -- -- 8

 9 FA573061743 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 9

 10 FA573063043 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 10

 11 FA573065043 Loans (mortgages) -- -- -- -- -- -- -- -- -- 11

 12 FA573064143 Corporate equities -- -- -- -- -- -- -- -- -- 12

 13 FA573064243 Mutual fund shares -- -- -- -- -- -- -- -- -- 13

 14 FA573090045 Miscellaneous assets -- -- -- -- -- -- -- -- -- 14

 15 FA573095405 Unallocated insurance contracts (2) -- -- -- -- -- -- -- -- -- 15

 16 FA573074043 Contributions receivable -- -- -- -- -- -- -- -- -- 16

 17 FA573073005 Claims of pension fund on sponsor (3) -- -- -- -- -- -- -- -- -- 17

 18 FA573093043 Other -- -- -- -- -- -- -- -- -- 18

 19 FA574190043 Net increase in pension entitlements (liabilities) -- -- -- -- -- -- -- -- -- 19

(1) Includes claims on sponsor (i.e., unfunded pension entitlements).

(2) Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts; series begins 1985:Q4.

(3) Unfunded defined benefit pension entitlements.

F.118.c Private Pension Funds: Defined Contribution Plans (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

 1 FA574090055 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 1

 2 FA573020033 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FA573030033 Time and savings deposits -- -- -- -- -- -- -- -- -- 3

 4 FA573034055 Money market fund shares -- -- -- -- -- -- -- -- -- 4

 5 FA572051033 Security repurchase agreements -- -- -- -- -- -- -- -- -- 5

 6 FA574022035 Debt securities -- -- -- -- -- -- -- -- -- 6

 7 FA573069133 Open market paper -- -- -- -- -- -- -- -- -- 7

 8 FA573061133 Treasury securities -- -- -- -- -- -- -- -- -- 8

 9 FA573061733 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 9

 10 FA573063033 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 10

 11 FA573065033 Loans (mortgages) -- -- -- -- -- -- -- -- -- 11

 12 FA573064133 Corporate equities -- -- -- -- -- -- -- -- -- 12

 13 FA573064255 Mutual fund shares -- -- -- -- -- -- -- -- -- 13

 14 FA573090055 Miscellaneous assets -- -- -- -- -- -- -- -- -- 14

 15 FA573095505 Unallocated insurance contracts (2) -- -- -- -- -- -- -- -- -- 15

 16 FA573074033 Contributions receivable -- -- -- -- -- -- -- -- -- 16

 17 FA573093055 Other -- -- -- -- -- -- -- -- -- 17

 18 FA574090055 Net increase in pension entitlements (liabilities) -- -- -- -- -- -- -- -- -- 18

(1) Includes 401(k) and 403(b) type plans.

(2) Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts; series begins 1985:Q4.
Transactions

Z.1, June 7, 2024 35

F.119 Federal Government Employee Retirement Funds

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA344090005 Net acquisition of financial assets (1) -- -- -- -- -- -- -- -- -- 1

 2 FA343020033 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FA344022005 Debt securities -- -- -- -- -- -- -- -- -- 3

 4 FA343061105 Treasury securities -- -- -- -- -- -- -- -- -- 4

 5 FA343061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 5

 6 FA343062033 Municipal securities -- -- -- -- -- -- -- -- -- 6

 7 FA343063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 7

 8 FA343069005 Loans (other loans and advances) (2) -- -- -- -- -- -- -- -- -- 8

 9 FA343064105 Corporate equities -- -- -- -- -- -- -- -- -- 9

 10 FA343073045 Claims of pension fund on sponsor (misc. assets) (3) -- -- -- -- -- -- -- -- -- 10

 11 FA344090005 Net increase in pension entitlements (liabilities) -- -- -- -- -- -- -- -- -- 11

 Memo:

 Net acquisition of financial assets

 12 FA344090045 Defined benefit plans (4) -- -- -- -- -- -- -- -- -- 12

 13 FA344090055 Defined contribution plans (5) -- -- -- -- -- -- -- -- -- 13

(1) Includes claims on sponsor (i.e., unfunded pension entitlements).

(2) Nonmarketable Treasury securities classified as loans and suspended reinvestments in the Thrift Savings Plan G Fund.

(3) Unfunded defined benefit pension entitlements.

(4) Additional detail on defined benefit plans is available on table F.119.b

(5) Additional detail on defined contribution plans is available on table F.119.c.
Transactions

36 Z.1, June 7, 2024

F.119.b Federal Government Employee Retirement Funds: Defined Benefit Plans (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA344090045 Net acquisition of financial assets (2) -- -- -- -- -- -- -- -- -- 1

 2 FA343020033 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FA344022045 Debt securities -- -- -- -- -- -- -- -- -- 3

 4 FA343061165 Treasury securities -- -- -- -- -- -- -- -- -- 4

 5 FA343061733 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 5

 6 FA343062033 Municipal securities -- -- -- -- -- -- -- -- -- 6

 7 FA343063033 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 7

 8 FA343069245 Loans (other loans and advances) (3) -- -- -- -- -- -- -- -- -- 8

 9 FA343064135 Corporate equities -- -- -- -- -- -- -- -- -- 9

 10 FA343073045 Claims of pension fund on sponsor (misc. assets) (4) -- -- -- -- -- -- -- -- -- 10

 11 FA344190045 Net increase in pension entitlements (liabilities) -- -- -- -- -- -- -- -- -- 11

(1) Includes Civil Service Retirement and Disability Fund, Railroad Retirement Board, judicial retirement fund, Military Retirement Fund, Foreign Service Retirement and

 Disability Fund, and the National Railroad Investment Trust.

(2) Includes claims on sponsor (i.e., unfunded pension entitlements).

(3) Nonmarketable Treasury securities classified as loans.

(4) Unfunded defined benefit pension entitlements.

F.119.c Federal Government Employee Retirement Funds: Defined Contribution Plans (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

 1 FA344090055 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 1

 2 FA344022025 Debt securities -- -- -- -- -- -- -- -- -- 2

 3 FA343061113 Treasury securities -- -- -- -- -- -- -- -- -- 3

 4 FA343061723 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 4

 5 FA343063023 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 5

 6 FA343069055 Loans (other loans and advances) (2) -- -- -- -- -- -- -- -- -- 6

 7 FA343064125 Corporate equities -- -- -- -- -- -- -- -- -- 7

 8 FA344090055 Net increase in pension entitlements (liabilities) -- -- -- -- -- -- -- -- -- 8

(1) Thrift Savings Plan.

(2) Nonmarketable Treasury securities classified as loans and suspended reinvestments in the Thrift Savings Plan G Fund.
Transactions

Z.1, June 7, 2024 37

F.120 State and Local Government Employee Retirement Funds

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA226330005 Gross saving -- -- -- -- -- -- -- -- -- 1

 2 FA225013005 Fixed nonresidential investment -- -- -- -- -- -- -- -- -- 2

 3 FA224090005 Net acquisition of financial assets (1) -- -- -- -- -- -- -- -- -- 3

 4 FA223020043 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 4

 5 FA223030043 Time and savings deposits -- -- -- -- -- -- -- -- -- 5

 6 FA223034005 Money market fund shares -- -- -- -- -- -- -- -- -- 6

 7 FA222051043 Security repurchase agreements -- -- -- -- -- -- -- -- -- 7

 8 FA224022045 Debt securities -- -- -- -- -- -- -- -- -- 8

 9 FA223069143 Open market paper -- -- -- -- -- -- -- -- -- 9

 10 FA223061143 Treasury securities -- -- -- -- -- -- -- -- -- 10

 11 FA223061743 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 11

 12 FA223062043 Municipal securities -- -- -- -- -- -- -- -- -- 12

 13 FA223063045 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 13

 14 FA223065043 Loans (mortgages) -- -- -- -- -- -- -- -- -- 14

 15 FA223064145 Corporate equities -- -- -- -- -- -- -- -- -- 15

 16 FA223064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 16

 17 FA223090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 17

 18 FA223095505 Unallocated insurance contracts (2) -- -- -- -- -- -- -- -- -- 18

 19 FA223073045 Claims of pension fund on sponsor (3) -- -- -- -- -- -- -- -- -- 19

 20 FA223093005 Other -- -- -- -- -- -- -- -- -- 20

 21 FA224190005 Net increase in pension entitlements (liabilities) -- -- -- -- -- -- -- -- -- 21

 Memo:

 Net acquisition of financial assets

 22 FA224090045 Defined benefit plans (4) -- -- -- -- -- -- -- -- -- 22

 23 FA224090055 Defined contribution plans (5) -- -- -- -- -- -- -- -- -- 23

(1) Includes claims on sponsor (i.e., unfunded pension entitlements).

(2) Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts.

(3) Unfunded defined benefit pension entitlements.

(4) Additional detail on defined benefit plans is available on table F.120.b.

(5) Additional detail on defined contribution plans is available on table F.120.c.
Transactions

38 Z.1, June 7, 2024

F.120.b State and Local Government Employee Retirement Funds: Defined Benefit Plans

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA224090045 Net acquisition of financial assets (1) -- -- -- -- -- -- -- -- -- 1

 2 FA223020043 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FA223030043 Time and savings deposits -- -- -- -- -- -- -- -- -- 3

 4 FA223034043 Money market fund shares -- -- -- -- -- -- -- -- -- 4

 5 FA222051043 Security repurchase agreements -- -- -- -- -- -- -- -- -- 5

 6 FA224022045 Debt securities -- -- -- -- -- -- -- -- -- 6

 7 FA223069143 Open market paper -- -- -- -- -- -- -- -- -- 7

 8 FA223061143 Treasury securities -- -- -- -- -- -- -- -- -- 8

 9 FA223061743 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 9

 10 FA223062043 Municipal securities -- -- -- -- -- -- -- -- -- 10

 11 FA223063045 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 11

 12 FA223065043 Loans (mortgages) -- -- -- -- -- -- -- -- -- 12

 13 FA223064145 Corporate equities -- -- -- -- -- -- -- -- -- 13

 14 FA223064243 Mutual fund shares -- -- -- -- -- -- -- -- -- 14

 15 FA223090045 Miscellaneous assets -- -- -- -- -- -- -- -- -- 15

 16 FA223073045 Claims of pension fund on sponsor (2) -- -- -- -- -- -- -- -- -- 16

 17 FA223093043 Other -- -- -- -- -- -- -- -- -- 17

 18 FA224190043 Net increase in pension entitlements (liabilities) -- -- -- -- -- -- -- -- -- 18

(1) Includes claims on sponsor (i.e., unfunded pension entitlements).

(2) Unfunded defined benefit pension entitlements.

F.120.c State and Local Government Employee Retirement Funds: Defined Contribution Plans (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

 1 FA224090055 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 1

 2 FA223034055 Money market fund shares -- -- -- -- -- -- -- -- -- 2

 3 FA223064255 Mutual fund shares -- -- -- -- -- -- -- -- -- 3

 4 FA223090055 Miscellaneous assets -- -- -- -- -- -- -- -- -- 4

 5 FA223095505 Unallocated insurance contracts (misc. assets) (2) -- -- -- -- -- -- -- -- -- 5

 6 FA223093053 Other -- -- -- -- -- -- -- -- -- 6

 7 FA224090055 Net increase in pension entitlements (liabilities) -- -- -- -- -- -- -- -- -- 7

(1) Includes 403(b) and 457 type plans.

(2) Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts.
Transactions

Z.1, June 7, 2024 39

F.121 Money Market Funds (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA634090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 1

 2 FA633091003 Foreign deposits -- -- -- -- -- -- -- -- -- 2

 3 FA633030000 Time and savings deposits -- -- -- -- -- -- -- -- -- 3

 4 FA632051000 Security repurchase agreements -- -- -- -- -- -- -- -- -- 4

 5 FA634022005 Debt securities -- -- -- -- -- -- -- -- -- 5

 6 FA633069175 Open market paper -- -- -- -- -- -- -- -- -- 6

 7 FA633061105 Treasury securities -- -- -- -- -- -- -- -- -- 7

 8 FA633061700 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 8

 9 FA633062000 Municipal securities -- -- -- -- -- -- -- -- -- 9

 10 FA633063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 10

 11 FA633093005 Miscellaneous assets (net) -- -- -- -- -- -- -- -- -- 11

 12 FA634090005 Net share issues (liabilities) -- -- -- -- -- -- -- -- -- 12

 Memo:

 13 FA634090010 Stable NAV money market funds included above -- -- -- -- -- -- -- -- -- 13

 14 FA634090020 Floating NAV money market funds included above (2) -- -- -- -- -- -- -- -- -- 14

 15 FA634090033 Government money market funds included above -- -- -- -- -- -- -- -- -- 15

 16 FA634090043 Prime money market funds included above -- -- -- -- -- -- -- -- -- 16

 17 FA634090053 Tax-exempt money market funds included above -- -- -- -- -- -- -- -- -- 17

 18 FA634090503 Variable annuity money market funds included above -- -- -- -- -- -- -- -- -- 18

(1) Open-end investment companies including variable annuity money market funds.

(2) Floating NAV data begin 2016:Q4, corresponding to the implementation of Securities and Exchange Commission money market reforms on October 14, 2016. Some funds used floating NAV

 prior to this date.

F.122 Mutual Funds (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

 1 FA656006403 Gross saving -- -- -- -- -- -- -- -- -- 1

 2 FA654090000 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 2

 3 FA653034003 Money market funds -- -- -- -- -- -- -- -- -- 3

 4 FA652051003 Security repurchase agreements (net) -- -- -- -- -- -- -- -- -- 4

 5 FA654022005 Debt securities -- -- -- -- -- -- -- -- -- 5

 6 FA653069100 Open market paper -- -- -- -- -- -- -- -- -- 6

 7 FA653061105 Treasury securities -- -- -- -- -- -- -- -- -- 7

 8 FA653061703 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 8

 9 FA653062003 Municipal securities -- -- -- -- -- -- -- -- -- 9

 10 FA653063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 10

 11 FA653069803 Loans (other loans and advances) -- -- -- -- -- -- -- -- -- 11

 12 FA653064100 Corporate equities -- -- -- -- -- -- -- -- -- 12

 13 FA653093005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 13

 14 FA653164205 Net share issues (liabilities) -- -- -- -- -- -- -- -- -- 14

 15 FA657005005 Discrepancy -- -- -- -- -- -- -- -- -- 15

 Memo:

 16 FA654090500 Variable annuity mutual funds included above -- -- -- -- -- -- -- -- -- 16

 Net acquisition of financial assets by investment objective:

 17 FA654091600 Domestic equity funds -- -- -- -- -- -- -- -- -- 17

 18 FA654092603 World equity funds -- -- -- -- -- -- -- -- -- 18

 19 FA654091403 Hybrid funds -- -- -- -- -- -- -- -- -- 19

 20 FA654091303 Taxable bond funds -- -- -- -- -- -- -- -- -- 20

 21 FA654091203 Municipal bond funds -- -- -- -- -- -- -- -- -- 21

(1) Open-end investment companies including variable annuity mutual funds. Quarterly figures for net acquisition of financial assets by investment objective (lines 17 through 21)

 are not seasonally adjusted and therefore may not sum to total net acquisition of financial assets (line 2).
Transactions

40 Z.1, June 7, 2024

F.123 Closed-End Funds

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA554090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 1

 2 FA554022005 Debt securities -- -- -- -- -- -- -- -- -- 2

 3 FA553061103 Treasury securities -- -- -- -- -- -- -- -- -- 3

 4 FA553062003 Municipal securities -- -- -- -- -- -- -- -- -- 4

 5 FA553063003 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 5

 6 FA553064103 Corporate equities -- -- -- -- -- -- -- -- -- 6

 7 FA554090005 Net share issues (liabilities) -- -- -- -- -- -- -- -- -- 7

 Memo:

 Net acquisition of financial assets by investment objective:

 8 FA554091603 Domestic equity funds -- -- -- -- -- -- -- -- -- 8

 9 FA554092603 World equity funds -- -- -- -- -- -- -- -- -- 9

 10 FA554091303 Domestic taxable bond funds -- -- -- -- -- -- -- -- -- 10

 11 FA554091203 Municipal bond funds -- -- -- -- -- -- -- -- -- 11

 12 FA554092303 World bond funds -- -- -- -- -- -- -- -- -- 12

F.124 Exchange-Traded Funds

Billions of dollars; quarterly figures are seasonally adjusted annual rates

 1 FA564090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 1

 2 FA563034003 Money market funds -- -- -- -- -- -- -- -- -- 2

 3 FA564022005 Debt securities -- -- -- -- -- -- -- -- -- 3

 4 FA563061103 Treasury securities -- -- -- -- -- -- -- -- -- 4

 5 FA563062003 Municipal securities -- -- -- -- -- -- -- -- -- 5

 6 FA563063003 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 6

 7 FA563064100 Corporate equities -- -- -- -- -- -- -- -- -- 7

 8 FA563093003 Miscellaneous assets (1) -- -- -- -- -- -- -- -- -- 8

 9 FA564090005 Net share issues (liabilities) -- -- -- -- -- -- -- -- -- 9

 Memo:

 Net acquisition of financial assets by investment objective:

 10 FA564091600 Domestic equity funds -- -- -- -- -- -- -- -- -- 10

 11 FA564092603 World equity funds -- -- -- -- -- -- -- -- -- 11

 12 FA564091703 Commodity funds (1) -- -- -- -- -- -- -- -- -- 12

 13 FA564091403 Hybrid funds -- -- -- -- -- -- -- -- -- 13

 14 FA564091303 Taxable bond funds -- -- -- -- -- -- -- -- -- 14

 15 FA564091203 Municipal bond funds -- -- -- -- -- -- -- -- -- 15

(1) Investments primarily in commodities, currencies, and futures.
Transactions

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F.125 Government-Sponsored Enterprises (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA406000105 Gross saving -- -- -- -- -- -- -- -- -- 1

 2 FA405013005 Fixed nonresidential investment -- -- -- -- -- -- -- -- -- 2

 3 FA404090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 3

 4 FA403020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 4

 5 FA403030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 5

 6 FA402050005 Federal funds and security repos -- -- -- -- -- -- -- -- -- 6

 7 FA404022005 Debt securities -- -- -- -- -- -- -- -- -- 7

 8 FA403069105 Open market paper -- -- -- -- -- -- -- -- -- 8

 9 FA403061105 Treasury securities -- -- -- -- -- -- -- -- -- 9

 10 FA403061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 10

 11 FA403062005 Municipal securities -- -- -- -- -- -- -- -- -- 11

 12 FA403063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 12

 13 FA404023005 Loans -- -- -- -- -- -- -- -- -- 13

 14 FA403069305 Other loans and advances -- -- -- -- -- -- -- -- -- 14

 15 FA403069385 Sallie Mae -- -- -- -- -- -- -- -- -- 15

 16 FA403069345 Farm Credit System -- -- -- -- -- -- -- -- -- 16

 17 FA403069330 FHLB loans -- -- -- -- -- -- -- -- -- 17

 18 FA403065005 Mortgages -- -- -- -- -- -- -- -- -- 18

 19 FA403065105 One-to-four-family residential -- -- -- -- -- -- -- -- -- 19

 20 FA403065195 Consolidated trusts (2) -- -- -- -- -- -- -- -- -- 20

 21 FA403065185 Other -- -- -- -- -- -- -- -- -- 21

 22 FA403065405 Multifamily residential -- -- -- -- -- -- -- -- -- 22

 23 FA403065495 Consolidated trusts (2) -- -- -- -- -- -- -- -- -- 23

 24 FA403065485 Other -- -- -- -- -- -- -- -- -- 24

 25 FA403065605 Farm -- -- -- -- -- -- -- -- -- 25

 26 FA403066005 Consumer credit -- -- -- -- -- -- -- -- -- 26

 27 FA403093005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 27

 28 FA404194005 Net increase in liabilities and equity -- -- -- -- -- -- -- -- -- 28

 29 FA404190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 29

 30 FA402150005 Federal funds and security repos -- -- -- -- -- -- -- -- -- 30

 31 FA403161705 Debt securities (GSE issues) (3) -- -- -- -- -- -- -- -- -- 31

 32 FA403161795 Consolidated trusts (2) -- -- -- -- -- -- -- -- -- 32

 33 FA403161785 Other -- -- -- -- -- -- -- -- -- 33

 34 FA403169283 Loans (U.S. government loans) -- -- -- -- -- -- -- -- -- 34

 35 FA403190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 35

 36 FA403181105 Net equity issues -- -- -- -- -- -- -- -- -- 36

 37 FA403164105 Corporate equities -- -- -- -- -- -- -- -- -- 37

 38 FA403192405 Equity in GSEs -- -- -- -- -- -- -- -- -- 38

 39 FA407005005 Discrepancy -- -- -- -- -- -- -- -- -- 39

(1) Federal Home Loan Banks, Fannie Mae, Freddie Mac, Farmer Mac, Farm Credit System, the Financing Corporation, and the Resolution Funding Corporation. The Student Loan Marketing

 Association (Sallie Mae) was included until it was fully privatized in 2004:Q4. Beginning 2010:Q1, almost all Fannie Mae and Freddie Mac mortgage pools (F.126) are consolidated on

 Fannie Mae’s and Freddie Mac’s balance sheets (F.125).

(2) Consolidated trusts refers to the unpaid balance of securitized mortgages Fannie Mae and Freddie Mac moved on to their balance sheets at the beginning of 2010 in response to new accounting rules.

(3) Such issues are classified as agency- and GSE-backed securities.

F.126 Agency- and GSE-Backed Mortgage Pools (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

 1 FA413065005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 1

 2 FA413065105 One-to-four-family residential mortgages -- -- -- -- -- -- -- -- -- 2

 3 FA413065405 Multifamily residential mortgages -- -- -- -- -- -- -- -- -- 3

 4 FA413065505 Commercial mortgages -- -- -- -- -- -- -- -- -- 4

 5 FA413065605 Farm mortgages -- -- -- -- -- -- -- -- -- 5

 6 FA413065005 Net increase in pool securities (liabilities) (2) -- -- -- -- -- -- -- -- -- 6

(1) Ginnie Mae, Fannie Mae, Freddie Mac, Farmer Mac, and Farmers Home Administration pools. Beginning 2010:Q1, almost all Fannie Mae and Freddie Mac mortgage pools (F.126) are consolidated

 on Fannie Mae’s and Freddie Mac’s balance sheets (table F.125). Also includes agency- and GSE-backed mortgage pool securities that are used as collateral for agency- and GSE-backed

 CMOs and privately issued CMOs. Excludes Federal Financing Bank holdings of pool securities, which are included with federal government mortgages and other loans and advances.

(2) Such issues are classified as agency- and GSE-backed securities.
Transactions

42 Z.1, June 7, 2024

F.127 Issuers of Asset-Backed Securities (ABS)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA676330023 Gross saving -- -- -- -- -- -- -- -- -- 1

 2 FA675013025 Fixed nonresidential investment -- -- -- -- -- -- -- -- -- 2

 3 FA674090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 3

 4 FA674022005 Debt securities -- -- -- -- -- -- -- -- -- 4

 5 FA673061103 Treasury securities -- -- -- -- -- -- -- -- -- 5

 6 FA673061703 Agency- and GSE-backed securities (1) -- -- -- -- -- -- -- -- -- 6

 7 FA674023005 Loans -- -- -- -- -- -- -- -- -- 7

 8 FA673069005 Other loans and advances -- -- -- -- -- -- -- -- -- 8

 9 FA673065005 Mortgages (2) -- -- -- -- -- -- -- -- -- 9

 10 FA673065105 One-to-four-family residential -- -- -- -- -- -- -- -- -- 10

 11 FA673065405 Multifamily residential -- -- -- -- -- -- -- -- -- 11

 12 FA673065505 Commercial -- -- -- -- -- -- -- -- -- 12

 13 FA673066000 Consumer credit -- -- -- -- -- -- -- -- -- 13

 14 FA673070003 Trade credit -- -- -- -- -- -- -- -- -- 14

 15 FA673090543 Miscellaneous assets (funding agreements) (3) -- -- -- -- -- -- -- -- -- 15

 16 FA674122005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 16

 17 FA673169105 Commercial paper -- -- -- -- -- -- -- -- -- 17

 18 FA673163005 Corporate bonds (net) (4) -- -- -- -- -- -- -- -- -- 18

 19 FA677005005 Discrepancy -- -- -- -- -- -- -- -- -- 19

 Memo:

 Securitized assets not included above

 20 FA675013263 Consumer leases (5) -- -- -- -- -- -- -- -- -- 20

 21 FA643065045 Mortgage REIT assets (6) -- -- -- -- -- -- -- -- -- 21

(1) Agency- and GSE-backed mortgage pool securities backing privately issued CMOs.

(2) Mortgages backing privately issued pool securities and privately issued CMOs.

(3) Funding agreements with life insurance companies.

(4) Net issuance less net acquisition of corporate bonds held as assets.

(5) Receivables from operating leases, such as consumer automobile leases, are recorded as current income when payments are received and are not included in financial assets (or household liabilities).

 The leased automobile is a nonfinancial asset; depreciation is included in line 1, and fixed investment is included in line 2.

(6) Included in table F.129.
Transactions

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F.128 Finance Companies (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA616000105 Gross saving less net capital transfers paid (2) -- -- -- -- -- -- -- -- -- 1

 2 FA615013005 Fixed nonresidential investment -- -- -- -- -- -- -- -- -- 2

 3 FA614090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 3

 4 FA613020003 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 4

 5 FA613030003 Time and savings deposits -- -- -- -- -- -- -- -- -- 5

 6 FA613063003 Debt securities (corporate and foreign bonds) -- -- -- -- -- -- -- -- -- 6

 7 FA614023005 Loans -- -- -- -- -- -- -- -- -- 7

 8 FA613069505 Other loans and advances -- -- -- -- -- -- -- -- -- 8

 9 FA613065000 Mortgages -- -- -- -- -- -- -- -- -- 9

 10 FA613066005 Consumer credit -- -- -- -- -- -- -- -- -- 10

 11 FA613092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 11

 12 FA613092103 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 12

 13 FA613092403 Equity in FHLB -- -- -- -- -- -- -- -- -- 13

 14 FA613090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 14

 15 FA614194005 Net increase in liabilities and equity -- -- -- -- -- -- -- -- -- 15

 16 FA614190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 16

 17 FA614122005 Debt securities -- -- -- -- -- -- -- -- -- 17

 18 FA613169100 Open market paper -- -- -- -- -- -- -- -- -- 18

 19 FA613163005 Corporate bonds -- -- -- -- -- -- -- -- -- 19

 20 FA614123005 Loans -- -- -- -- -- -- -- -- -- 20

 21 FA613168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 21

 22 FA613169005 Other loans and advances -- -- -- -- -- -- -- -- -- 22

 23 FA613192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 23

 24 FA613178005 Taxes payable -- -- -- -- -- -- -- -- -- 24

 25 FA613190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 25

 26 FA613194703 Other investment by parent -- -- -- -- -- -- -- -- -- 26

 27 FA613193005 Other -- -- -- -- -- -- -- -- -- 27

 28 FA613192103 Net equity issues (foreign direct investment) -- -- -- -- -- -- -- -- -- 28

 29 FA617005005 Discrepancy -- -- -- -- -- -- -- -- -- 29

 Memo:

 30 FA613066303 Consumer leases not included above (3) -- -- -- -- -- -- -- -- -- 30

(1) Includes retail captive finance companies and mortgage companies.

(2) Net capital transfers paid from table F.5, line 57.

(3) Receivables from operating leases, such as consumer automobile leases, are recorded as current income when payments are received and are not included in financial assets (or household liabilities).

 The leased automobile is a nonfinancial asset; depreciation is included in line 1, and fixed investment is included in line 2.
Transactions

44 Z.1, June 7, 2024

F.129 Mortgage Real Estate Investment Trusts (Mortgage REITs) (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA646006403 Gross saving -- -- -- -- -- -- -- -- -- 1

 2 FA644090075 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 2

 3 FA643020073 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 3

 4 FA644022075 Debt securities -- -- -- -- -- -- -- -- -- 4

 5 FA643061773 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 5

 6 FA643063073 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 6

 7 FA643065075 Loans (mortgages) -- -- -- -- -- -- -- -- -- 7

 8 FA643065173 One-to-four-family residential -- -- -- -- -- -- -- -- -- 8

 9 FA643065473 Multifamily residential -- -- -- -- -- -- -- -- -- 9

 10 FA643065573 Commercial -- -- -- -- -- -- -- -- -- 10

 11 FA643092473 Equity in FHLB -- -- -- -- -- -- -- -- -- 11

 12 FA643093075 Miscellaneous assets -- -- -- -- -- -- -- -- -- 12

 13 FA644194075 Net increase in liabilities and equity -- -- -- -- -- -- -- -- -- 13

 14 FA644190075 Net increase in liabilities -- -- -- -- -- -- -- -- -- 14

 15 FA642151073 Security repurchase agreements -- -- -- -- -- -- -- -- -- 15

 16 FA644122075 Debt securities -- -- -- -- -- -- -- -- -- 16

 17 FA643169173 Open market paper -- -- -- -- -- -- -- -- -- 17

 18 FA643163075 Corporate bonds -- -- -- -- -- -- -- -- -- 18

 19 FA644123075 Loans -- -- -- -- -- -- -- -- -- 19

 20 FA643168073 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 20

 21 FA643169373 Other loans and advances -- -- -- -- -- -- -- -- -- 21

 22 FA643193075 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 22

 23 FA643164105 Net equity issues (corporate equity) -- -- -- -- -- -- -- -- -- 23

 24 FA647005005 Discrepancy -- -- -- -- -- -- -- -- -- 24

 Memo:

 25 FA643065045 Securitized assets included above -- -- -- -- -- -- -- -- -- 25

 26 FA643061743 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 26

 27 FA643065163 One-to-four-family residential mortgages -- -- -- -- -- -- -- -- -- 27

 28 FA643065443 Multifamily residential mortgages -- -- -- -- -- -- -- -- -- 28

 29 FA643065543 Commercial mortgages -- -- -- -- -- -- -- -- -- 29

(1) Equity REITs which invest primarily in real estate are included in the nonfinancial corporate business sector F.103 and L.103.
Transactions

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F.130 Security Brokers and Dealers

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA666000105 Gross saving less net capital transfers paid (1) -- -- -- -- -- -- -- -- -- 1

 2 FA665013005 Fixed nonresidential investment -- -- -- -- -- -- -- -- -- 2

 3 FA664090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 3

 4 FA663020003 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 4

 5 FA662051003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 5

 6 FA664022005 Debt securities -- -- -- -- -- -- -- -- -- 6

 7 FA663069103 Open market paper -- -- -- -- -- -- -- -- -- 7

 8 FA663061105 Treasury securities -- -- -- -- -- -- -- -- -- 8

 9 FA663061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 9

 10 FA663062003 Municipal securities -- -- -- -- -- -- -- -- -- 10

 11 FA663063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 11

 12 FA663069005 Loans (other loans and advances) -- -- -- -- -- -- -- -- -- 12

 13 FA663092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 13

 14 FA663064103 Corporate equities -- -- -- -- -- -- -- -- -- 14

 15 FA663092103 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 15

 16 FA663090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 16

 17 FA663070605 Receivables due from other brokers and dealers -- -- -- -- -- -- -- -- -- 17

 18 FA663094705 Balances due from holding company parent -- -- -- -- -- -- -- -- -- 18

 19 FA663093005 Other -- -- -- -- -- -- -- -- -- 19

 20 FA664194005 Net increase in liabilities and equity -- -- -- -- -- -- -- -- -- 20

 21 FA664190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 21

 22 FA662151003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 22

 23 FA663163003 Debt securities (corporate bonds) -- -- -- -- -- -- -- -- -- 23

 24 FA664123005 Loans -- -- -- -- -- -- -- -- -- 24

 25 FA663168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 25

 26 FA663167005 Other loans and advances -- -- -- -- -- -- -- -- -- 26

 27 FA663192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 27

 28 FA663170003 Trade payables -- -- -- -- -- -- -- -- -- 28

 29 FA663178003 Taxes payable -- -- -- -- -- -- -- -- -- 29

 30 FA663190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 30

 31 FA663170605 Payables due to other brokers and dealers -- -- -- -- -- -- -- -- -- 31

 32 FA663194705 Other investment by parent companies -- -- -- -- -- -- -- -- -- 32

 33 FA663193005 Other -- -- -- -- -- -- -- -- -- 33

 34 FA663181105 Net equity issues -- -- -- -- -- -- -- -- -- 34

 35 FA663164105 Corporate equities -- -- -- -- -- -- -- -- -- 35

 36 FA663192103 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 36

 37 FA662090003 Proprietors’ net investment -- -- -- -- -- -- -- -- -- 37

 38 FA663194605 Equity investment by holding company parents -- -- -- -- -- -- -- -- -- 38

 39 FA663194505 Equity investment by other financial business -- -- -- -- -- -- -- -- -- 39

 40 FA667005005 Discrepancy -- -- -- -- -- -- -- -- -- 40

(1) Net capital transfers paid from table F.5, line 58.
Transactions

46 Z.1, June 7, 2024

F.131 Holding Companies (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA736000105 Gross saving -- -- -- -- -- -- -- -- -- 1

 2 FA735013005 Fixed nonresidential investment -- -- -- -- -- -- -- -- -- 2

 3 FA734090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 3

 4 FA733091003 Foreign deposits -- -- -- -- -- -- -- -- -- 4

 5 FA733030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 5

 6 FA732051003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 6

 7 FA734022605 Debt securities -- -- -- -- -- -- -- -- -- 7

 8 FA733061103 Treasury securities -- -- -- -- -- -- -- -- -- 8

 9 FA733061703 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 9

 10 FA733063003 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 10

 11 FA733069005 Loans (other loans and advances) -- -- -- -- -- -- -- -- -- 11

 12 FA733092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 12

 13 FA733092103 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 13

 14 FA733094635 Equity investment in affiliates -- -- -- -- -- -- -- -- -- 14

 15 FA733040005 Life insurance reserves -- -- -- -- -- -- -- -- -- 15

 16 FA733090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 16

 17 FA733094735 Other investment in affiliates -- -- -- -- -- -- -- -- -- 17

 18 FA733093005 Other -- -- -- -- -- -- -- -- -- 18

 19 FA734194005 Net increase in liabilities and equity -- -- -- -- -- -- -- -- -- 19

 20 FA734190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 20

 21 FA732151003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 21

 22 FA734122005 Debt securities -- -- -- -- -- -- -- -- -- 22

 23 FA733169103 Commercial paper -- -- -- -- -- -- -- -- -- 23

 24 FA733163005 Corporate bonds -- -- -- -- -- -- -- -- -- 24

 25 FA733192305 Foreign direct investment: intercompany debt (2) -- -- -- -- -- -- -- -- -- 25

 26 FA733178013 Taxes payable -- -- -- -- -- -- -- -- -- 26

 27 FA733190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 27

 28 FA733194735 Balances due to affiliates -- -- -- -- -- -- -- -- -- 28

 29 FA733193005 Other -- -- -- -- -- -- -- -- -- 29

 30 FA733181105 Net equity issuance -- -- -- -- -- -- -- -- -- 30

 31 FA733164105 Corporate equity issues -- -- -- -- -- -- -- -- -- 31

 32 FA733192103 Foreign direct investment: equity (2) -- -- -- -- -- -- -- -- -- 32

 33 FA737005005 Discrepancy -- -- -- -- -- -- -- -- -- 33

(1) Parent-only bank holding companies, savings and loan holding companies and security holding companies that file Federal Reserve Board form FR Y-9LP, FR Y-9SP, or FR 2320.

(2) Investment in U.S. Intermediate Holding Companies.
Transactions

Z.1, June 7, 2024 47

F.132 Other Financial Business (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA506006403 Gross saving -- -- -- -- -- -- -- -- -- 1

 2 FA504090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 2

 3 FA503020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 3

 4 FA503034005 Money market fund shares -- -- -- -- -- -- -- -- -- 4

 5 FA502051005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 5

 6 FA504022005 Debt securities -- -- -- -- -- -- -- -- -- 6

 7 FA503069105 Open market paper -- -- -- -- -- -- -- -- -- 7

 8 FA503061123 Treasury securities -- -- -- -- -- -- -- -- -- 8

 9 FA503063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 9

 10 FA503062003 Municipal securities -- -- -- -- -- -- -- -- -- 10

 11 FA503069005 Loans (other loans and advances) -- -- -- -- -- -- -- -- -- 11

 12 FA503064105 Corporate equities -- -- -- -- -- -- -- -- -- 12

 13 FA503094505 Equity investment in affiliates -- -- -- -- -- -- -- -- -- 13

 14 FA503093023 Miscellaneous assets -- -- -- -- -- -- -- -- -- 14

 15 FA504194005 Net increase in liabilities and equity -- -- -- -- -- -- -- -- -- 15

 16 FA504190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 16

 17 FA504122005 Debt securities -- -- -- -- -- -- -- -- -- 17

 18 FA503169105 Open market paper -- -- -- -- -- -- -- -- -- 18

 19 FA503163003 Corporate bonds -- -- -- -- -- -- -- -- -- 19

 20 FA504123005 Loans -- -- -- -- -- -- -- -- -- 20

 21 FA713068505 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 21

 22 FA503169005 Other loans and advances -- -- -- -- -- -- -- -- -- 22

 23 FA503192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 23

 24 FA503190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 24

 25 FA663070675 Securities lending (net) -- -- -- -- -- -- -- -- -- 25

 26 FA503193005 Other -- -- -- -- -- -- -- -- -- 26

 27 FA503181105 Net equity issuance -- -- -- -- -- -- -- -- -- 27

 28 FA503164105 Corporate equities -- -- -- -- -- -- -- -- -- 28

 29 FA503192103 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 29

 30 FA503194305 Equity interest under PPIP -- -- -- -- -- -- -- -- -- 30

 31 FA503194205 Equity in Federal Reserve facilities (2) -- -- -- -- -- -- -- -- -- 31

(1) Includes funding subsidiaries, custodial accounts for reinvested collateral of securities lending operations, funds associated with the Public-Private Investment Program (PPIP), Federal Reserve

 funding, credit, and liquidity facility special purpose vehicles (SPV) created in response to the 2008 Financial Crisis and COVID-19 pandemic, and U.S. central clearing parties.

(2) U.S. Treasury Exchange Stabilization Fund Economic Recovery Programs investment in Federal Reserve SPVs.
Transactions

48 Z.1, June 7, 2024

F.133 Rest of the World

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA266905005 Foreign income from U.S. -- -- -- -- -- -- -- -- -- 1

 2 FA266903001 U.S. imports -- -- -- -- -- -- -- -- -- 2

 3 FA266904101 U.S. income payments to rest of world -- -- -- -- -- -- -- -- -- 3

 4 FA266400101 Curr. taxes and trans. payments to rest of world -- -- -- -- -- -- -- -- -- 4

 5 FA266900005 Foreign outlays to U.S. -- -- -- -- -- -- -- -- -- 5

 6 FA266903011 U.S. exports -- -- -- -- -- -- -- -- -- 6

 7 FA266904001 U.S. income receipts from rest of world -- -- -- -- -- -- -- -- -- 7

 8 FA266400201 Curr. taxes and trans. payments from rest of world -- -- -- -- -- -- -- -- -- 8

 9 FA265440005 - Net capital transfers paid (1) -- -- -- -- -- -- -- -- -- 9

 10 FA266000105 Gross saving less net capital transfers paid (2) -- -- -- -- -- -- -- -- -- 10

 11 FA265090005 Gross investment -- -- -- -- -- -- -- -- -- 11

 12 FA265420005 Nonproduced nonfinancial assets -- -- -- -- -- -- -- -- -- 12

 13 FA265000005 Net lending (+) or net borrowing (-) -- -- -- -- -- -- -- -- -- 13

 14 FA264090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 14

 15 FA263011205 Monetary gold (3) -- -- -- -- -- -- -- -- -- 15

 16 FA313111303 SDR allocations -- -- -- -- -- -- -- -- -- 16

 17 FA264016005 Net interbank assets -- -- -- -- -- -- -- -- -- 17

 18 FA263020005 U.S. checkable deposits and currency -- -- -- -- -- -- -- -- -- 18

 19 FA263030005 U.S. time deposits -- -- -- -- -- -- -- -- -- 19

 20 FA263034003 Money market fund shares -- -- -- -- -- -- -- -- -- 20

 21 FA262051005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 21

 22 FA264022005 Debt securities -- -- -- -- -- -- -- -- -- 22

 23 FA263069103 Open market paper -- -- -- -- -- -- -- -- -- 23

 24 FA263061105 Treasury securities -- -- -- -- -- -- -- -- -- 24

 25 FA263061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 25

 26 FA263062003 Municipal securities -- -- -- -- -- -- -- -- -- 26

 27 FA263063005 U.S. corporate bonds -- -- -- -- -- -- -- -- -- 27

 28 FA263069005 Other loans and advances -- -- -- -- -- -- -- -- -- 28

 29 FA263092305 Foreign direct investment: intercompany debt (4) -- -- -- -- -- -- -- -- -- 29

 30 FA263064105 U.S. corporate equities -- -- -- -- -- -- -- -- -- 30

 31 FA263092101 Foreign direct investment: equity (4) -- -- -- -- -- -- -- -- -- 31

 32 FA263064203 Mutual fund shares -- -- -- -- -- -- -- -- -- 32

 33 FA543141905 Life insurance reserves -- -- -- -- -- -- -- -- -- 33

 34 FA543151905 Pension entitlements -- -- -- -- -- -- -- -- -- 34

 35 FA263070005 Trade receivables -- -- -- -- -- -- -- -- -- 35

 36 FA263090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 36

 37 FA264194005 Net increase in liabilities and equity -- -- -- -- -- -- -- -- -- 37

 38 FA264190005 Net increase in liabilities -- -- -- -- -- -- -- -- -- 38

 39 FA263111005 U.S. official reserve assets -- -- -- -- -- -- -- -- -- 39

 40 FA263191005 U.S. private deposits -- -- -- -- -- -- -- -- -- 40

 41 FA262151003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 41

 42 FA264122005 Debt securities -- -- -- -- -- -- -- -- -- 42

 43 FA263169105 Commercial paper -- -- -- -- -- -- -- -- -- 43

 44 FA263163005 Bonds -- -- -- -- -- -- -- -- -- 44

 45 FA264123005 Loans -- -- -- -- -- -- -- -- -- 45

 46 FA263168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 46

 47 FA263169005 Other loans and advances -- -- -- -- -- -- -- -- -- 47

 48 FA263192305 U.S. direct investment abroad: intercompany debt (4) -- -- -- -- -- -- -- -- -- 48

 49 FA263140005 Life insurance reserves -- -- -- -- -- -- -- -- -- 49

 50 FA263150005 Pension entitlements -- -- -- -- -- -- -- -- -- 50

 51 FA263170005 Trade payables -- -- -- -- -- -- -- -- -- 51

 52 FA263190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 52

 53 FA263181105 Net equity issues -- -- -- -- -- -- -- -- -- 53

 54 FA263164100 Foreign corporate equities (5) -- -- -- -- -- -- -- -- -- 54

 55 FA263192101 U.S. direct investment abroad: equity (4) -- -- -- -- -- -- -- -- -- 55

 56 FA313092803 U.S. equity in IBRD, etc. -- -- -- -- -- -- -- -- -- 56

 57 FA267005005 Discrepancy (FOF basis) -- -- -- -- -- -- -- -- -- 57

 Memo:

 58 FA266903005 Net U.S. exports, NIPA basis -- -- -- -- -- -- -- -- -- 58

 59 FA266904005 + Net U.S. income receipts (6) -- -- -- -- -- -- -- -- -- 59

 60 FA266400101 - Curr. taxes and trans. payments to rest of world -- -- -- -- -- -- -- -- -- 60

 61 FA266400201 + Curr. taxes and trans. payments from rest of world -- -- -- -- -- -- -- -- -- 61

 62 FA266000005 = Balance on current account, NIPAs -- -- -- -- -- -- -- -- -- 62

(1) Table F.5, line 67.

(2) Line 1 minus line 5 minus line 9. Also equal to line 62 with the sign reversed minus line 9.

(3) U.S. net sales, sign reversed.

(4) Direct investment reported at market value. Excludes capital gains and losses.

(5) Includes American Depositary Receipts (ADRs).

(6) Consists of net receipts from foreigners of interest, corporate profits, and employee compensation. Equals difference between GNP and GDP.
Transactions

Z.1, June 7, 2024 49

F.200 U.S. Official Reserve Assets and SDR Allocations (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA893111005 Net change in liabilities -- -- -- -- -- -- -- -- -- 1

 2 FA313111303 Federal government: SDR allocations -- -- -- -- -- -- -- -- -- 2

 3 FA263111005 Rest of the world -- -- -- -- -- -- -- -- -- 3

 4 FA313011303 SDR holdings -- -- -- -- -- -- -- -- -- 4

 5 FA263111403 Reserve position in IMF -- -- -- -- -- -- -- -- -- 5

 6 FA263111503 Other reserves -- -- -- -- -- -- -- -- -- 6

 7 FA893011005 Net change in assets -- -- -- -- -- -- -- -- -- 7

 8 FA313011005 Federal government -- -- -- -- -- -- -- -- -- 8

 9 FA313011205 Monetary gold (2) -- -- -- -- -- -- -- -- -- 9

 10 FA313011303 SDR holdings -- -- -- -- -- -- -- -- -- 10

 11 FA313011405 Reserve position in IMF -- -- -- -- -- -- -- -- -- 11

 12 FA313011505 Other reserves -- -- -- -- -- -- -- -- -- 12

 13 FA263011005 Rest of the world -- -- -- -- -- -- -- -- -- 13

 14 FA263011205 Monetary gold (2) -- -- -- -- -- -- -- -- -- 14

 15 FA313111303 SDR allocations -- -- -- -- -- -- -- -- -- 15

 16 FA713011005 Monetary authority -- -- -- -- -- -- -- -- -- 16

 17 FA713011203 Monetary gold (2) -- -- -- -- -- -- -- -- -- 17

 18 FA713011405 Reserve position in IMF -- -- -- -- -- -- -- -- -- 18

 19 FA713011505 Other reserves -- -- -- -- -- -- -- -- -- 19

(1) Includes federal government liability to IMF for special drawing rights (SDRs) allocations and accrued interest.

(2) By international accounting standards, transactions in monetary gold are recorded in the financial account of the domestic sectors as increases (decreases) in assets,

 and the counterparts are recorded as decreases (increases) in assets of the rest of the world.

F.201 Special Drawing Rights (SDRs) Certificates and Treasury Currency

Billions of dollars; quarterly figures are seasonally adjusted annual rates

 SDR certificates:

 1 FA713014003 Liab.: Federal government -- -- -- -- -- -- -- -- -- 1

 2 FA713014003 Asset: Monetary authority -- -- -- -- -- -- -- -- -- 2

 Treasury currency:

 3 FA313112003 Liab.: Federal government -- -- -- -- -- -- -- -- -- 3

 4 FA713012003 Asset: Monetary authority -- -- -- -- -- -- -- -- -- 4

 5 FA903012005 Discrepancy (seigniorage) -- -- -- -- -- -- -- -- -- 5

F.202 U.S. Deposits in Foreign Countries

Billions of dollars; quarterly figures are seasonally adjusted annual rates

 1 FA263191005 Total rest of the world liability -- -- -- -- -- -- -- -- -- 1

 Held by:

 2 FA153091003 Household sector -- -- -- -- -- -- -- -- -- 2

 3 FA103091003 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 3

 4 FA633091003 Money market funds -- -- -- -- -- -- -- -- -- 4

 5 FA733091003 Holding companies -- -- -- -- -- -- -- -- -- 5

 6 FA903091005 Discrepancy--unallocated assets -- -- -- -- -- -- -- -- -- 6
Transactions

50 Z.1, June 7, 2024

F.203 Net Interbank Transactions

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA794110005 Net change in liabilities -- -- -- -- -- -- -- -- -- 1

 2 FA714110005 Monetary authority -- -- -- -- -- -- -- -- -- 2

 3 FA764110005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 3

 4 FA754110005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 4

 5 FA744110005 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 5

 6 FA474110005 Credit unions -- -- -- -- -- -- -- -- -- 6

 7 FA894010005 Net change in assets -- -- -- -- -- -- -- -- -- 7

 8 FA714010005 Monetary authority -- -- -- -- -- -- -- -- -- 8

 9 FA763020005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 9

 10 FA753020005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 10

 11 FA743013003 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 11

 12 FA473013005 Credit unions -- -- -- -- -- -- -- -- -- 12

 13 FA264016005 Rest of the world -- -- -- -- -- -- -- -- -- 13

 14 FA904010005 Discrepancy -- -- -- -- -- -- -- -- -- 14

 Memo:

 Vault cash:

 15 FA703025005 Liab.: Monetary authority -- -- -- -- -- -- -- -- -- 15

 16 FA763025000 Asset: U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 16

 17 FA753025003 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 17

 Depository institution reserves:

 18 FA713113003 Liab.: Monetary authority -- -- -- -- -- -- -- -- -- 18

 19 FA763013005 Asset: U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 19

 20 FA753013003 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 20

 21 FA743013003 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 21

 22 FA473013005 Credit unions -- -- -- -- -- -- -- -- -- 22

 Other transactions with the monetary authority

 23 FA714010075 Liab.: U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 23

 24 FA713068743 Credit unions -- -- -- -- -- -- -- -- -- 24

 25 FA714010005 Asset: Monetary authority -- -- -- -- -- -- -- -- -- 25

 26 FA713022003 Federal Reserve float -- -- -- -- -- -- -- -- -- 26

 27 FA713068705 Loans to depository institutions -- -- -- -- -- -- -- -- -- 27

 Transactions with banks in foreign countries (net):

 28 FA764116205 Liab.: U.S.-chartered depository institutions (net) -- -- -- -- -- -- -- -- -- 28

 29 FA763192605 Due to foreign affiliates -- -- -- -- -- -- -- -- -- 29

 30 FA763092605 - Due from foreign affiliates -- -- -- -- -- -- -- -- -- 30

 31 FA754116205 Foreign banking offices in U.S. (net) -- -- -- -- -- -- -- -- -- 31

 32 FA753192605 Due to foreign affiliates -- -- -- -- -- -- -- -- -- 32

 33 FA753092605 - Due from foreign affiliates -- -- -- -- -- -- -- -- -- 33

 34 FA264116205 Less: Deposits at foreign banks -- -- -- -- -- -- -- -- -- 34

 35 FA764016205 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 35

 36 FA754016205 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 36

 37 FA264135125 Loans to foreign banks -- -- -- -- -- -- -- -- -- 37

 38 FA764035125 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 38

 39 FA754035125 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 39

 40 FA264035125 Plus: Loans from foreign banks -- -- -- -- -- -- -- -- -- 40

 41 FA274135123 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 41

 42 FA284135125 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 42

 43 FA264016005 Asset: Rest of the world (1) -- -- -- -- -- -- -- -- -- 43

 Transactions between U.S. depository institutions (net):

 44 FA764112005 U.S.-chartered depository institutions (net) -- -- -- -- -- -- -- -- -- 44

 45 FA764112205 Due to: (3) -- -- -- -- -- -- -- -- -- 45

 46 FA754012205 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 46

 47 FA743020005 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 47

 48 FA474012205 Credit unions -- -- -- -- -- -- -- -- -- 48

 49 FA754112205 - Due from: Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 49

 50 FA904010005 Unallocated (2) -- -- -- -- -- -- -- -- -- 50

(1) Sum of lines 28 and 31 less line 34 and line 37 plus line 40.

(2) Interbank transactions between U.S. banks should net to zero and thus are not shown in lines 1 through 13 above. However, the unallocated amount (line 50), which is due to inconsistencies

 in source data, appears on line 14 as the discrepancy between liabilities and assets.

(3) Sum of lines 46, 47, 48, and 50.
Transactions

Z.1, June 7, 2024 51

F.204 Checkable Deposits and Currency

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA793120005 Net change in liabilities -- -- -- -- -- -- -- -- -- 1

 2 FA713120005 Monetary authority -- -- -- -- -- -- -- -- -- 2

 3 FA713123005 Federal government cash and deposits -- -- -- -- -- -- -- -- -- 3

 4 FA713124005 Due to government-sponsored enterprises -- -- -- -- -- -- -- -- -- 4

 5 FA713129005 Due to other financial business -- -- -- -- -- -- -- -- -- 5

 6 FA713122605 Deposits due to foreign -- -- -- -- -- -- -- -- -- 6

 7 FA713125005 Currency outside banks -- -- -- -- -- -- -- -- -- 7

 8 FA763127005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 8

 9 FA763123005 Federal government deposits -- -- -- -- -- -- -- -- -- 9

 10 FA763128000 State and local government deposits -- -- -- -- -- -- -- -- -- 10

 11 FA763122605 Deposits due to foreign -- -- -- -- -- -- -- -- -- 11

 12 FA763129205 Private domestic deposits -- -- -- -- -- -- -- -- -- 12

 13 FA753127005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 13

 14 FA753122603 Deposits due to foreign -- -- -- -- -- -- -- -- -- 14

 15 FA753129205 Private domestic deposits -- -- -- -- -- -- -- -- -- 15

 16 FA743127003 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 16

 17 FA473127003 Credit unions -- -- -- -- -- -- -- -- -- 17

 18 FA793120005 Net change in assets -- -- -- -- -- -- -- -- -- 18

 19 FA153020005 Household sector -- -- -- -- -- -- -- -- -- 19

 20 FA143020005 Nonfinancial business -- -- -- -- -- -- -- -- -- 20

 21 FA103020005 Corporate -- -- -- -- -- -- -- -- -- 21

 22 FA113020005 Noncorporate -- -- -- -- -- -- -- -- -- 22

 23 FA313020005 Federal government -- -- -- -- -- -- -- -- -- 23

 24 FA213020005 State and local governments -- -- -- -- -- -- -- -- -- 24

 25 FA793020005 Domestic financial sectors -- -- -- -- -- -- -- -- -- 25

 26 FA513020005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 26

 27 FA543020005 Life insurance companies -- -- -- -- -- -- -- -- -- 27

 28 FA573020005 Private pension funds -- -- -- -- -- -- -- -- -- 28

 29 FA343020033 Federal government retirement funds -- -- -- -- -- -- -- -- -- 29

 30 FA223020043 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 30

 31 FA403020005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 31

 32 FA613020003 Finance companies -- -- -- -- -- -- -- -- -- 32

 33 FA643020073 Mortgage REITs -- -- -- -- -- -- -- -- -- 33

 34 FA663020003 Brokers and dealers -- -- -- -- -- -- -- -- -- 34

 35 FA503020005 Other financial business -- -- -- -- -- -- -- -- -- 35

 36 FA263020005 Rest of the world -- -- -- -- -- -- -- -- -- 36

 37 FA263027003 Checkable deposits -- -- -- -- -- -- -- -- -- 37

 38 FA263025003 Currency -- -- -- -- -- -- -- -- -- 38

 39 FA903020005 Mail float -- -- -- -- -- -- -- -- -- 39
Transactions

52 Z.1, June 7, 2024

F.205 Time and Savings Deposits

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA703130005 Net change in liabilities -- -- -- -- -- -- -- -- -- 1

 2 FA763130005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 2

 3 FA753130005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 3

 4 FA743130003 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 4

 5 FA473130005 Credit unions -- -- -- -- -- -- -- -- -- 5

 6 FA703130005 Net change in assets -- -- -- -- -- -- -- -- -- 6

 7 FA153030005 Household sector -- -- -- -- -- -- -- -- -- 7

 8 FA143030005 Nonfinancial business -- -- -- -- -- -- -- -- -- 8

 9 FA103030003 Corporate -- -- -- -- -- -- -- -- -- 9

 10 FA113030003 Noncorporate -- -- -- -- -- -- -- -- -- 10

 11 FA313030003 Federal government -- -- -- -- -- -- -- -- -- 11

 12 FA213030000 State and local governments -- -- -- -- -- -- -- -- -- 12

 13 FA793030005 Domestic financial sectors -- -- -- -- -- -- -- -- -- 13

 14 FA573030005 Private pension funds -- -- -- -- -- -- -- -- -- 14

 15 FA223030043 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 15

 16 FA633030000 Money market funds -- -- -- -- -- -- -- -- -- 16

 17 FA403030005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 17

 18 FA613030003 Finance companies -- -- -- -- -- -- -- -- -- 18

 19 FA733030005 Holding companies -- -- -- -- -- -- -- -- -- 19

 20 FA263030005 Rest of the world -- -- -- -- -- -- -- -- -- 20

F.206 Money Market Fund Shares

Billions of dollars; quarterly figures are seasonally adjusted annual rates

 1 FA634090005 Net issues -- -- -- -- -- -- -- -- -- 1

 2 FA634090005 Net purchases -- -- -- -- -- -- -- -- -- 2

 3 FA153034005 Household sector -- -- -- -- -- -- -- -- -- 3

 4 FA103034000 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 4

 5 FA113034003 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 5

 6 FA213034003 State and local governments -- -- -- -- -- -- -- -- -- 6

 7 FA513034005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 7

 8 FA543034005 Life insurance companies -- -- -- -- -- -- -- -- -- 8

 9 FA573034005 Private pension funds -- -- -- -- -- -- -- -- -- 9

 10 FA223034005 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 10

 11 FA653034003 Mutual Funds -- -- -- -- -- -- -- -- -- 11

 12 FA563034003 Exchange-traded funds -- -- -- -- -- -- -- -- -- 12

 13 FA503034005 Other financial business -- -- -- -- -- -- -- -- -- 13

 14 FA263034003 Rest of the world -- -- -- -- -- -- -- -- -- 14
Transactions

Z.1, June 7, 2024 53

F.207 Federal Funds and Security Repurchase Agreements (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA892150005 Net change in liabilities -- -- -- -- -- -- -- -- -- 1

 2 FA712151003 Monetary authority -- -- -- -- -- -- -- -- -- 2

 3 FA762150005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 3

 4 FA762152005 Federal funds (2) -- -- -- -- -- -- -- -- -- 4

 5 FA762151005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 5

 6 FA752150005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 6

 7 FA752152005 Federal funds (2) -- -- -- -- -- -- -- -- -- 7

 8 FA752151005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 8

 9 FA472150053 Credit unions -- -- -- -- -- -- -- -- -- 9

 10 FA512151003 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 10

 11 FA542151073 Life insurance companies -- -- -- -- -- -- -- -- -- 11

 12 FA402150005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 12

 13 FA642151073 Mortgage REITs -- -- -- -- -- -- -- -- -- 13

 14 FA662151003 Brokers and dealers -- -- -- -- -- -- -- -- -- 14

 15 FA732151003 Holding companies -- -- -- -- -- -- -- -- -- 15

 16 FA262151003 Rest of the world -- -- -- -- -- -- -- -- -- 16

 17 FA892050005 Net change in assets -- -- -- -- -- -- -- -- -- 17

 18 FA102051003 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 18

 19 FA212051003 State and local governments -- -- -- -- -- -- -- -- -- 19

 20 FA712051000 Monetary authority -- -- -- -- -- -- -- -- -- 20

 21 FA762050005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 21

 22 FA762052005 Federal funds (2) -- -- -- -- -- -- -- -- -- 22

 23 FA762051005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 23

 24 FA752050005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 24

 25 FA752052005 Federal funds (2) -- -- -- -- -- -- -- -- -- 25

 26 FA752051005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 26

 27 FA472050053 Credit unions -- -- -- -- -- -- -- -- -- 27

 28 FA472052053 Federal funds -- -- -- -- -- -- -- -- -- 28

 29 FA472051053 Security repurchase agreements -- -- -- -- -- -- -- -- -- 29

 30 FA512051005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 30

 31 FA542051075 Life insurance companies -- -- -- -- -- -- -- -- -- 31

 32 FA572051005 Private pension funds -- -- -- -- -- -- -- -- -- 32

 33 FA222051043 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 33

 34 FA632051000 Money market funds -- -- -- -- -- -- -- -- -- 34

 35 FA652051003 Mutual funds (net) -- -- -- -- -- -- -- -- -- 35

 36 FA402050005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 36

 37 FA402052033 Of which: FHLB federal funds (3) -- -- -- -- -- -- -- -- -- 37

 38 FA662051003 Brokers and dealers -- -- -- -- -- -- -- -- -- 38

 39 FA732051003 Holding companies -- -- -- -- -- -- -- -- -- 39

 40 FA502051005 Other financial business -- -- -- -- -- -- -- -- -- 40

 41 FA262051005 Rest of the world -- -- -- -- -- -- -- -- -- 41

 42 FA902050005 Discrepancy -- -- -- -- -- -- -- -- -- 42

 Memo:

 Federal Reserve’s reverse repurchase agreement operations:

 43 FA712151103 Liability: Monetary authority (4) -- -- -- -- -- -- -- -- -- 43

 44 FA632051103 Asset: Money market funds (5) -- -- -- -- -- -- -- -- -- 44

 45 FA792051115 Other financial institutions (6) -- -- -- -- -- -- -- -- -- 45

(1) Detailed data on federal funds and security repurchase agreements are available beginning 2012:Q1 for U.S.-chartered depository institutions, 2003:Q1 for foreign banking offices in U.S.,

 1997:Q1 for credit unions, and 2000:Q1 for FHLB.

(2) Excludes term federal funds.

(3) Includes term federal funds.

(4) Included in line 2.

(5) Included in line 34.

(6) Includes banks (consolidated), government-sponsored enterprises, and primary dealers.
Transactions

54 Z.1, June 7, 2024

F.208 Debt Securities (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 By instrument

 1 FA894122005 Net issues -- -- -- -- -- -- -- -- -- 1

 2 FA893169175 Open market paper -- -- -- -- -- -- -- -- -- 2

 3 FA313161105 Treasury securities -- -- -- -- -- -- -- -- -- 3

 4 FA893161705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 4

 5 FA383162005 Municipal securities -- -- -- -- -- -- -- -- -- 5

 6 FA893163005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 6

 By sector

 7 FA894122005 Net issues -- -- -- -- -- -- -- -- -- 7

 8 FA384122005 Domestic nonfinancial sectors -- -- -- -- -- -- -- -- -- 8

 9 FA163162003 Nonprofit organizations (2) -- -- -- -- -- -- -- -- -- 9

 10 FA104122005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 10

 11 FA314122005 Federal government -- -- -- -- -- -- -- -- -- 11

 12 FA213162005 State and local governments -- -- -- -- -- -- -- -- -- 12

 13 FA794122005 Domestic financial sectors -- -- -- -- -- -- -- -- -- 13

 14 FA764122005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 14

 15 FA753169175 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 15

 16 FA403161705 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 16

 17 FA413065005 Agency- and GSE-backed mortgage pools -- -- -- -- -- -- -- -- -- 17

 18 FA674122005 ABS issuers -- -- -- -- -- -- -- -- -- 18

 19 FA614122005 Finance companies -- -- -- -- -- -- -- -- -- 19

 20 FA644122075 Mortgage REITs -- -- -- -- -- -- -- -- -- 20

 21 FA663163003 Brokers and dealers -- -- -- -- -- -- -- -- -- 21

 22 FA734122005 Holding companies -- -- -- -- -- -- -- -- -- 22

 23 FA504122005 Other financial business -- -- -- -- -- -- -- -- -- 23

 24 FA264122005 Rest of the world -- -- -- -- -- -- -- -- -- 24

 25 FA894022005 Net purchases -- -- -- -- -- -- -- -- -- 25

 26 FA384022005 Domestic nonfinancial sectors -- -- -- -- -- -- -- -- -- 26

 27 FA154022005 Household sector -- -- -- -- -- -- -- -- -- 27

 28 FA104022005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 28

 29 FA114022005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 29

 30 FA314022005 Federal government -- -- -- -- -- -- -- -- -- 30

 31 FA214022005 State and local governments -- -- -- -- -- -- -- -- -- 31

 32 FA794022005 Domestic financial sectors -- -- -- -- -- -- -- -- -- 32

 33 FA714022005 Monetary authority -- -- -- -- -- -- -- -- -- 33

 34 FA764022005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 34

 35 FA754022005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 35

 36 FA744022003 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 36

 37 FA474022005 Credit unions -- -- -- -- -- -- -- -- -- 37

 38 FA514022005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 38

 39 FA544022005 Life insurance companies -- -- -- -- -- -- -- -- -- 39

 40 FA574022005 Private pension funds -- -- -- -- -- -- -- -- -- 40

 41 FA344022005 Federal government retirement funds -- -- -- -- -- -- -- -- -- 41

 42 FA224022045 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 42

 43 FA634022005 Money market funds -- -- -- -- -- -- -- -- -- 43

 44 FA654022005 Mutual funds -- -- -- -- -- -- -- -- -- 44

 45 FA554022005 Closed-end funds -- -- -- -- -- -- -- -- -- 45

 46 FA564022005 Exchange-traded funds -- -- -- -- -- -- -- -- -- 46

 47 FA404022005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 47

 48 FA674022005 ABS issuers -- -- -- -- -- -- -- -- -- 48

 49 FA613063003 Finance companies -- -- -- -- -- -- -- -- -- 49

 50 FA644022075 Mortgage REITs -- -- -- -- -- -- -- -- -- 50

 51 FA664022005 Brokers and dealers -- -- -- -- -- -- -- -- -- 51

 52 FA734022605 Holding companies -- -- -- -- -- -- -- -- -- 52

 53 FA504022005 Other financial business -- -- -- -- -- -- -- -- -- 53

 54 FA264022005 Rest of the world -- -- -- -- -- -- -- -- -- 54

(1) Sum of open market paper, Treasury securities, agency- and GSE-backed securities, municipal securities, and corporate and foreign bonds.

(2) Liability of the households and nonprofit organizations sector (table F.101).
Transactions

Z.1, June 7, 2024 55

F.209 Open Market Paper

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA893169175 Net issues -- -- -- -- -- -- -- -- -- 1

 2 FA893169105 Commercial paper -- -- -- -- -- -- -- -- -- 2

 3 FA103169100 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 3

 4 FA263169105 Foreign issues in U.S. -- -- -- -- -- -- -- -- -- 4

 5 FA263169110 Nonfinancial -- -- -- -- -- -- -- -- -- 5

 6 FA263169123 Financial -- -- -- -- -- -- -- -- -- 6

 7 FA793169100 Domestic financial sectors -- -- -- -- -- -- -- -- -- 7

 8 FA763169103 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 8

 9 FA753169103 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 9

 10 FA673169105 ABS issuers -- -- -- -- -- -- -- -- -- 10

 11 FA613169100 Finance companies -- -- -- -- -- -- -- -- -- 11

 12 FA643169173 Mortgage REITs -- -- -- -- -- -- -- -- -- 12

 13 FA733169103 Holding companies -- -- -- -- -- -- -- -- -- 13

 14 FA503169105 Other financial business -- -- -- -- -- -- -- -- -- 14

 15 FA703169605 Bankers’ acceptances (1) -- -- -- -- -- -- -- -- -- 15

 16 FA763169603 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 16

 17 FA753169603 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 17

 18 FA893169175 Net purchases -- -- -- -- -- -- -- -- -- 18

 19 FA103069100 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 19

 20 FA213069103 State and local governments -- -- -- -- -- -- -- -- -- 20

 21 FA713069603 Monetary authority -- -- -- -- -- -- -- -- -- 21

 22 FA763069175 U.S.-chartered depository institutions (1) -- -- -- -- -- -- -- -- -- 22

 23 FA753069603 Foreign banking offices in U.S. (1) -- -- -- -- -- -- -- -- -- 23

 24 FA473069153 Credit unions -- -- -- -- -- -- -- -- -- 24

 25 FA513069105 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 25

 26 FA543069105 Life insurance companies -- -- -- -- -- -- -- -- -- 26

 27 FA573069105 Private pension funds -- -- -- -- -- -- -- -- -- 27

 28 FA223069143 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 28

 29 FA633069175 Money market funds -- -- -- -- -- -- -- -- -- 29

 30 FA653069100 Mutual funds -- -- -- -- -- -- -- -- -- 30

 31 FA403069105 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 31

 32 FA663069103 Brokers and dealers -- -- -- -- -- -- -- -- -- 32

 33 FA503069105 Other financial business -- -- -- -- -- -- -- -- -- 33

 34 FA263069103 Rest of the world -- -- -- -- -- -- -- -- -- 34

(1) Excludes banks’ holdings of own acceptances.
Transactions

56 Z.1, June 7, 2024

F.210 Treasury Securities (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA313161105 Net issues -- -- -- -- -- -- -- -- -- 1

 2 FA313161110 Treasury bills -- -- -- -- -- -- -- -- -- 2

 3 FA313161275 Other Treasury notes, bonds, and TIPS (2) -- -- -- -- -- -- -- -- -- 3

 4 FA893061105 Net purchases -- -- -- -- -- -- -- -- -- 4

 5 FA153061105 Household sector -- -- -- -- -- -- -- -- -- 5

 6 FA103061103 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 6

 7 FA113061003 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 7

 8 FA213061103 State and local governments -- -- -- -- -- -- -- -- -- 8

 9 FA713061103 Monetary authority -- -- -- -- -- -- -- -- -- 9

 10 FA713061113 Treasury bills -- -- -- -- -- -- -- -- -- 10

 11 FA713061125 Other Treasury securities -- -- -- -- -- -- -- -- -- 11

 12 FA763061100 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 12

 13 FA753061103 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 13

 14 FA743061103 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 14

 15 FA473061105 Credit unions -- -- -- -- -- -- -- -- -- 15

 16 FA513061105 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 16

 17 FA513061115 Treasury bills -- -- -- -- -- -- -- -- -- 17

 18 FA513061125 Other Treasury securities -- -- -- -- -- -- -- -- -- 18

 19 FA543061105 Life insurance companies -- -- -- -- -- -- -- -- -- 19

 20 FA543061115 Treasury bills -- -- -- -- -- -- -- -- -- 20

 21 FA543061125 Other Treasury securities -- -- -- -- -- -- -- -- -- 21

 22 FA573061105 Private pension funds -- -- -- -- -- -- -- -- -- 22

 23 FA573061143 Defined benefit plans -- -- -- -- -- -- -- -- -- 23

 24 FA573061133 Defined contribution plans -- -- -- -- -- -- -- -- -- 24

 25 FA343061105 Federal government retirement funds -- -- -- -- -- -- -- -- -- 25

 26 FA343061165 Defined benefit plans -- -- -- -- -- -- -- -- -- 26

 27 FA343061113 Defined contribution plans -- -- -- -- -- -- -- -- -- 27

 28 FA223061143 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 28

 29 FA633061105 Money market funds -- -- -- -- -- -- -- -- -- 29

 30 FA633061110 Treasury bills -- -- -- -- -- -- -- -- -- 30

 31 FA633061120 Other Treasury securities -- -- -- -- -- -- -- -- -- 31

 32 FA653061105 Mutual funds -- -- -- -- -- -- -- -- -- 32

 33 FA653061113 Treasury bills -- -- -- -- -- -- -- -- -- 33

 34 FA653061125 Other Treasury securities -- -- -- -- -- -- -- -- -- 34

 35 FA553061103 Closed-end funds -- -- -- -- -- -- -- -- -- 35

 36 FA563061103 Exchange-traded funds -- -- -- -- -- -- -- -- -- 36

 37 FA403061105 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 37

 38 FA673061103 ABS issuers -- -- -- -- -- -- -- -- -- 38

 39 FA663061105 Brokers and dealers -- -- -- -- -- -- -- -- -- 39

 40 FA733061103 Holding companies -- -- -- -- -- -- -- -- -- 40

 41 FA503061123 Other financial business -- -- -- -- -- -- -- -- -- 41

 42 FA263061105 Rest of the world -- -- -- -- -- -- -- -- -- 42

 43 FA263061110 Treasury bills -- -- -- -- -- -- -- -- -- 43

 44 FA263061120 Other Treasury securities -- -- -- -- -- -- -- -- -- 44

 Memo:

 45 FA313169205 Nonmarketable Treasury securities (3) -- -- -- -- -- -- -- -- -- 45

(1) Marketable Treasury securities (net of premiums and discounts) issued by the federal government and held by sectors other than the federal government.

(2) Inlcudes long-term marketable securities issued to the Civil Service Retirement Fund by the Federal Financing Bank.

(3) Nonmarketable Treasury securities are classified as other loans and advances because they are not negotiable and are therefore not considered debt securities.
Transactions

Z.1, June 7, 2024 57

F.211 Agency- and GSE-Backed Securities (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA893161705 Net issues -- -- -- -- -- -- -- -- -- 1

 2 FA313161705 Budget agencies -- -- -- -- -- -- -- -- -- 2

 3 FA403161705 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 3

 4 FA413065005 Agency- and GSE-backed mortgage pools -- -- -- -- -- -- -- -- -- 4

 5 FA893061705 Net purchases -- -- -- -- -- -- -- -- -- 5

 6 FA153061705 Household sector -- -- -- -- -- -- -- -- -- 6

 7 FA103061703 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 7

 8 FA313061703 Federal government -- -- -- -- -- -- -- -- -- 8

 9 FA213061703 State and local governments -- -- -- -- -- -- -- -- -- 9

 10 FA713061705 Monetary authority -- -- -- -- -- -- -- -- -- 10

 11 FA763061705 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 11

 12 FA753061703 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 12

 13 FA743061703 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 13

 14 FA473061705 Credit unions -- -- -- -- -- -- -- -- -- 14

 15 FA513061705 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 15

 16 FA543061705 Life insurance companies -- -- -- -- -- -- -- -- -- 16

 17 FA573061705 Private pension funds -- -- -- -- -- -- -- -- -- 17

 18 FA343061705 Federal government retirement funds -- -- -- -- -- -- -- -- -- 18

 19 FA223061743 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 19

 20 FA633061700 Money market funds -- -- -- -- -- -- -- -- -- 20

 21 FA653061703 Mutual funds -- -- -- -- -- -- -- -- -- 21

 22 FA403061705 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 22

 23 FA673061703 ABS issuers -- -- -- -- -- -- -- -- -- 23

 24 FA643061773 Mortgage REITs -- -- -- -- -- -- -- -- -- 24

 25 FA663061705 Brokers and dealers -- -- -- -- -- -- -- -- -- 25

 26 FA733061703 Holding companies -- -- -- -- -- -- -- -- -- 26

 27 FA263061705 Rest of the world -- -- -- -- -- -- -- -- -- 27

(1) Agency- and GSE-backed securities include: issues of federal budget agencies (line 2) such as those for the TVA; issues of government-sponsored enterprises (line 3) such as Fannie Mae and FHLB;

 and agency- and GSE-backed mortgage pool securities issued by Ginnie Mae, Fannie Mae, Freddie Mac, and the Farmers Home Administration (line 4). Only the budget agency issues are

 considered officially to be part of the total borrowing of the federal government, which is shown in table F.106, line 49.
Transactions

58 Z.1, June 7, 2024

F.212 Municipal Securities

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA383162005 Net issues -- -- -- -- -- -- -- -- -- 1

 2 FA213162005 State and local governments -- -- -- -- -- -- -- -- -- 2

 3 FA213162400 Short-term (1) -- -- -- -- -- -- -- -- -- 3

 4 FA213162200 Long-term -- -- -- -- -- -- -- -- -- 4

 5 FA163162003 Nonprofit organizations (2) -- -- -- -- -- -- -- -- -- 5

 6 FA103162000 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 6

 (industrial revenue bonds)

 7 FA893062005 Net purchases -- -- -- -- -- -- -- -- -- 7

 8 FA153062005 Household sector -- -- -- -- -- -- -- -- -- 8

 9 FA103062003 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 9

 10 FA113062003 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 10

 11 FA213062003 State and local governments -- -- -- -- -- -- -- -- -- 11

 12 FA763062000 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 12

 13 FA753062003 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 13

 14 FA743062003 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 14

 15 FA473062005 Credit unions -- -- -- -- -- -- -- -- -- 15

 16 FA513062005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 16

 17 FA543062005 Life insurance companies -- -- -- -- -- -- -- -- -- 17

 18 FA343062033 Federal government retirement funds -- -- -- -- -- -- -- -- -- 18

 19 FA223062043 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 19

 20 FA633062000 Money market funds -- -- -- -- -- -- -- -- -- 20

 21 FA653062003 Mutual funds -- -- -- -- -- -- -- -- -- 21

 22 FA553062003 Closed-end funds -- -- -- -- -- -- -- -- -- 22

 23 FA563062003 Exchange-traded funds -- -- -- -- -- -- -- -- -- 23

 24 FA403062005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 24

 25 FA663062003 Brokers and dealers -- -- -- -- -- -- -- -- -- 25

 26 FA503062003 Other financial business -- -- -- -- -- -- -- -- -- 26

 27 FA263062003 Rest of the world -- -- -- -- -- -- -- -- -- 27

(1) Debt with original maturity of 13 months or less.

(2) Liability of the households and nonprofit organizations sector (table F.101).
Transactions

Z.1, June 7, 2024 59

F.213 Corporate and Foreign Bonds

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA893163005 Net issues -- -- -- -- -- -- -- -- -- 1

 2 FA103163005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 2

 3 FA793163005 Domestic financial sectors -- -- -- -- -- -- -- -- -- 3

 4 FA763163005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 4

 5 FA673163005 ABS issuers (net) (1) -- -- -- -- -- -- -- -- -- 5

 6 FA613163005 Finance companies -- -- -- -- -- -- -- -- -- 6

 7 FA643163075 Mortgage REITs -- -- -- -- -- -- -- -- -- 7

 8 FA663163003 Brokers and dealers -- -- -- -- -- -- -- -- -- 8

 9 FA733163005 Holding companies -- -- -- -- -- -- -- -- -- 9

 10 FA503163003 Other financial business -- -- -- -- -- -- -- -- -- 10

 11 FA263163005 Rest of the world (2) -- -- -- -- -- -- -- -- -- 11

 12 FA893063005 Net purchases (3) -- -- -- -- -- -- -- -- -- 12

 13 FA153063005 Household sector -- -- -- -- -- -- -- -- -- 13

 14 FA123063003 Nonfinancial corporate business (equity REITs) -- -- -- -- -- -- -- -- -- 14

 15 FA313063763 Federal government -- -- -- -- -- -- -- -- -- 15

 16 FA213063003 State and local governments -- -- -- -- -- -- -- -- -- 16

 17 FA763063005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 17

 18 FA763063605 MBS and other ABS -- -- -- -- -- -- -- -- -- 18

 19 FA763063095 Other -- -- -- -- -- -- -- -- -- 19

 20 FA753063005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 20

 21 FA743063005 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 21

 22 FA473063005 Credit unions -- -- -- -- -- -- -- -- -- 22

 23 FA473063605 MBS and other ABS -- -- -- -- -- -- -- -- -- 23

 24 FA473063095 Other -- -- -- -- -- -- -- -- -- 24

 25 FA513063005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 25

 26 FA513063605 MBS and other ABS -- -- -- -- -- -- -- -- -- 26

 27 FA513063095 Other -- -- -- -- -- -- -- -- -- 27

 28 FA543063005 Life insurance companies -- -- -- -- -- -- -- -- -- 28

 29 FA543063675 MBS and other ABS -- -- -- -- -- -- -- -- -- 29

 30 FA543063095 Other -- -- -- -- -- -- -- -- -- 30

 31 FA573063005 Private pension funds -- -- -- -- -- -- -- -- -- 31

 32 FA343063005 Federal government retirement funds -- -- -- -- -- -- -- -- -- 32

 33 FA223063045 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 33

 34 FA633063005 Money market funds -- -- -- -- -- -- -- -- -- 34

 35 FA653063005 Mutual funds -- -- -- -- -- -- -- -- -- 35

 36 FA553063003 Closed-end funds -- -- -- -- -- -- -- -- -- 36

 37 FA563063003 Exchange-traded funds -- -- -- -- -- -- -- -- -- 37

 38 FA403063005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 38

 39 FA403063605 MBS and other ABS -- -- -- -- -- -- -- -- -- 39

 40 FA403063095 Other -- -- -- -- -- -- -- -- -- 40

 41 FA613063003 Finance companies -- -- -- -- -- -- -- -- -- 41

 42 FA643063073 Mortgage REITs -- -- -- -- -- -- -- -- -- 42

 43 FA663063005 Brokers and dealers -- -- -- -- -- -- -- -- -- 43

 44 FA733063003 Holding companies -- -- -- -- -- -- -- -- -- 44

 45 FA503063005 Other financial business -- -- -- -- -- -- -- -- -- 45

 46 FA263063005 Rest of the world (4) -- -- -- -- -- -- -- -- -- 46

 47 FA263063603 MBS and other ABS -- -- -- -- -- -- -- -- -- 47

 48 FA263063095 Other -- -- -- -- -- -- -- -- -- 48

(1) Net issuance less net acquisition of corporate bonds held as assets.

(2) Net purchases of foreign issues by U.S. residents.

(3) For some sectors, purchases of MBS and other ABS are shown separately. MBS and other ABS include privately issued mortgage-backed securities and other privately

 issued asset-backed bonds.

(4) Net purchases of U.S. issues by foreign residents.
Transactions

60 Z.1, June 7, 2024

F.214 Loans (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 By instrument

 1 FA894123005 Net change in total loans -- -- -- -- -- -- -- -- -- 1

 2 FA793068005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 2

 3 FA893169005 Other loans and advances -- -- -- -- -- -- -- -- -- 3

 4 FA893065005 Mortgages -- -- -- -- -- -- -- -- -- 4

 5 FA893065105 One-to-four-family residential -- -- -- -- -- -- -- -- -- 5

 6 FA893065405 Multifamily residential -- -- -- -- -- -- -- -- -- 6

 7 FA893065505 Commercial -- -- -- -- -- -- -- -- -- 7

 8 FA893065603 Farm -- -- -- -- -- -- -- -- -- 8

 9 FA153166000 Consumer credit -- -- -- -- -- -- -- -- -- 9

 By sector

 10 FA894123005 Net change in liabilities -- -- -- -- -- -- -- -- -- 10

 11 FA384123005 Domestic nonfinancial sectors -- -- -- -- -- -- -- -- -- 11

 12 FA154123005 Household sector -- -- -- -- -- -- -- -- -- 12

 13 FA104123005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 13

 14 FA114123005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 14

 15 FA314123005 Federal government -- -- -- -- -- -- -- -- -- 15

 16 FA213169203 State and local governments -- -- -- -- -- -- -- -- -- 16

 17 FA794123005 Domestic financial sectors -- -- -- -- -- -- -- -- -- 17

 18 FA763169305 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 18

 19 FA473169333 Credit unions -- -- -- -- -- -- -- -- -- 19

 20 FA513169333 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 20

 21 FA543169373 Life insurance companies -- -- -- -- -- -- -- -- -- 21

 22 FA403169283 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 22

 23 FA614123005 Finance companies -- -- -- -- -- -- -- -- -- 23

 24 FA644123075 Mortgage REITs -- -- -- -- -- -- -- -- -- 24

 25 FA664123005 Brokers and dealers -- -- -- -- -- -- -- -- -- 25

 26 FA504123005 Other financial business -- -- -- -- -- -- -- -- -- 26

 27 FA264123005 Rest of the world -- -- -- -- -- -- -- -- -- 27

 28 FA894123005 Net change in assets -- -- -- -- -- -- -- -- -- 28

 29 FA384023005 Domestic nonfinancial sectors -- -- -- -- -- -- -- -- -- 29

 30 FA154023005 Household sector -- -- -- -- -- -- -- -- -- 30

 31 FA104023005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 31

 32 FA114023005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 32

 33 FA314023005 Federal government -- -- -- -- -- -- -- -- -- 33

 34 FA214023005 State and local governments -- -- -- -- -- -- -- -- -- 34

 35 FA794023005 Domestic financial sectors -- -- -- -- -- -- -- -- -- 35

 36 FA713068005 Monetary authority -- -- -- -- -- -- -- -- -- 36

 37 FA764023005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 37

 38 FA754023005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 38

 39 FA744023003 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 39

 40 FA474023000 Credit unions -- -- -- -- -- -- -- -- -- 40

 41 FA513065505 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 41

 42 FA544023005 Life insurance companies -- -- -- -- -- -- -- -- -- 42

 43 FA573065005 Private pension funds -- -- -- -- -- -- -- -- -- 43

 44 FA343069005 Federal government retirement funds -- -- -- -- -- -- -- -- -- 44

 45 FA223065043 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 45

 46 FA653069803 Mutual funds -- -- -- -- -- -- -- -- -- 46

 47 FA404023005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 47

 48 FA413065005 Agency- and GSE-backed mortgage pools -- -- -- -- -- -- -- -- -- 48

 49 FA674023005 ABS issuers -- -- -- -- -- -- -- -- -- 49

 50 FA614023005 Finance companies -- -- -- -- -- -- -- -- -- 50

 51 FA643065075 Mortgage REITs -- -- -- -- -- -- -- -- -- 51

 52 FA663069005 Brokers and dealers -- -- -- -- -- -- -- -- -- 52

 53 FA733069005 Holding companies -- -- -- -- -- -- -- -- -- 53

 54 FA503069005 Other financial business -- -- -- -- -- -- -- -- -- 54

 55 FA263069005 Rest of the world -- -- -- -- -- -- -- -- -- 55

(1) Sum of depository institution loans not elsewhere classified, other loans and advances, total mortgages, and consumer credit.
Transactions

Z.1, June 7, 2024 61

F.215 Depository Institution Loans Not Elsewhere Classified (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA793068005 Net change in liabilities -- -- -- -- -- -- -- -- -- 1

 2 FA153168005 Household sector -- -- -- -- -- -- -- -- -- 2

 3 FA103168005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 3

 4 FA113168005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 4

 5 FA793168005 Domestic financial sectors -- -- -- -- -- -- -- -- -- 5

 6 FA613168005 Finance companies -- -- -- -- -- -- -- -- -- 6

 7 FA643168073 Mortgage REITs -- -- -- -- -- -- -- -- -- 7

 8 FA663168005 Brokers and dealers -- -- -- -- -- -- -- -- -- 8

 9 FA713068505 Other financial business (2) -- -- -- -- -- -- -- -- -- 9

 10 FA263168005 Rest of the world -- -- -- -- -- -- -- -- -- 10

 11 FA263168465 Foreign official institutions -- -- -- -- -- -- -- -- -- 11

 12 FA263168485 Foreign nonfinancial corporations -- -- -- -- -- -- -- -- -- 12

 13 FA263168495 Foreign nondepository financial institutions -- -- -- -- -- -- -- -- -- 13

 14 FA793068005 Net change in assets -- -- -- -- -- -- -- -- -- 14

 15 FA713068005 Monetary authority (3) -- -- -- -- -- -- -- -- -- 15

 16 FA763068005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 16

 17 FA753068005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 17

 18 FA743068005 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 18

 19 FA473068005 Credit unions -- -- -- -- -- -- -- -- -- 19

(1) Excludes depository institution lending in the form of open market paper, mortgages, and consumer credit which are shown on other instrument tables.

(2) Loans from Federal Reserve banks to Federal Reserve funding, credit, and liquidity facility special purpose vehicles.

(3) Loans from Federal Reserve banks to the household, broker and dealer, finance companies, and other financial business sectors.
Transactions

62 Z.1, June 7, 2024

F.216 Other Loans and Advances (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA893169005 Total other loans and advances -- -- -- -- -- -- -- -- -- 1

 2 FA163069005 Nonprofit organization loans -- -- -- -- -- -- -- -- -- 2

 3 FA153169055 Liab.: Household sector -- -- -- -- -- -- -- -- -- 3

 4 FA163069043 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 4

 5 FA313069205 Federal government loans -- -- -- -- -- -- -- -- -- 5

 6 FA153169203 Liab.: Household sector -- -- -- -- -- -- -- -- -- 6

 7 FA103169205 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 7

 8 FA113169205 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 8

 9 FA213169203 State and local governments -- -- -- -- -- -- -- -- -- 9

 10 FA403169283 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 10

 11 FA313069223 Finance companies -- -- -- -- -- -- -- -- -- 11

 12 FA503169205 Other financial business -- -- -- -- -- -- -- -- -- 12

 13 FA263169203 Rest of the world -- -- -- -- -- -- -- -- -- 13

 14 FA153169405 Policy loans (Household liability) -- -- -- -- -- -- -- -- -- 14

 15 FA313069403 Asset: Federal government -- -- -- -- -- -- -- -- -- 15

 16 FA543069405 Life insurance companies -- -- -- -- -- -- -- -- -- 16

 17 FA313169005 Nonmarketable Treasury securities classified as loans (2) -- -- -- -- -- -- -- -- -- 17

 18 FA153069205 Asset: Household sector -- -- -- -- -- -- -- -- -- 18

 19 FA213069200 State and local governments -- -- -- -- -- -- -- -- -- 19

 20 FA343069055 Federal govt. defined contribution pension plans (2) -- -- -- -- -- -- -- -- -- 20

 21 FA343069245 Federal govt. defined benefit pension plans -- -- -- -- -- -- -- -- -- 21

 22 FA503069203 Other financial business -- -- -- -- -- -- -- -- -- 22

 23 FA403069330 Federal Home Loan Banks advances -- -- -- -- -- -- -- -- -- 23

 24 FA763169335 Liab.: U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 24

 25 FA473169333 Credit unions -- -- -- -- -- -- -- -- -- 25

 26 FA513169333 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 26

 27 FA543169373 Life insurance companies -- -- -- -- -- -- -- -- -- 27

 28 FA613169333 Finance companies -- -- -- -- -- -- -- -- -- 28

 29 FA643169373 Mortgage REITs -- -- -- -- -- -- -- -- -- 29

 30 FA403069395 Government-sponsored enterprise (GSE) loans -- -- -- -- -- -- -- -- -- 30

 31 FA153169305 Liab.: Household sector (SLMA) -- -- -- -- -- -- -- -- -- 31

 32 FA183169303 Nonfinancial corporate business (FCS) -- -- -- -- -- -- -- -- -- 32

 33 FA113169305 Nonfinancial noncorporate business (FCS) -- -- -- -- -- -- -- -- -- 33

 34 FA763169383 U.S.-chartered depository inst. (SLMA) -- -- -- -- -- -- -- -- -- 34

 35 FA663067005 Margin accounts at brokers and dealers -- -- -- -- -- -- -- -- -- 35

 36 FA663067003 Liab.: Household sector -- -- -- -- -- -- -- -- -- 36

 37 FA663067063 Brokers and dealers -- -- -- -- -- -- -- -- -- 37

 38 FA663167015 Cash accounts at brokers and dealers -- -- -- -- -- -- -- -- -- 38

 39 FA153067005 Asset: Household sector -- -- -- -- -- -- -- -- -- 39

 40 FA263067005 Rest of the World (net) -- -- -- -- -- -- -- -- -- 40

 41 FA503169023 Clearing funds at other financial business -- -- -- -- -- -- -- -- -- 41

 42 FA763069023 Asset: U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 42

 43 FA663069025 Brokers and dealers -- -- -- -- -- -- -- -- -- 43

 44 FA503069025 Other financial business -- -- -- -- -- -- -- -- -- 44

 45 FA103169803 Loans to nonfinancial corporate business -- -- -- -- -- -- -- -- -- 45

 46 FA153069803 Asset: Household sector -- -- -- -- -- -- -- -- -- 46

 47 FA543069873 Life insurance companies -- -- -- -- -- -- -- -- -- 47

 48 FA653069803 Mutual funds -- -- -- -- -- -- -- -- -- 48

 49 FA673069803 ABS issuers -- -- -- -- -- -- -- -- -- 49

 50 FA663069803 Brokers and dealers -- -- -- -- -- -- -- -- -- 50

 51 FA503069805 Other financial business -- -- -- -- -- -- -- -- -- 51

 52 FA673069505 Securitized loans held by ABS issuers -- -- -- -- -- -- -- -- -- 52

 53 FA673069505 Liab.: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 53

 54 FA613069505 Finance company loans to business -- -- -- -- -- -- -- -- -- 54

 55 FA103169535 Liab.: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 55

 56 FA113169535 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 56

 57 FA733069005 Holding company loans -- -- -- -- -- -- -- -- -- 57

 58 FA733069013 Liab.: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 58

 59 FA733069023 Rest of the world -- -- -- -- -- -- -- -- -- 59

 60 FA503069075 Other financial business loans -- -- -- -- -- -- -- -- -- 60

 61 FA503069003 Liab.: Household sector (TALF II) -- -- -- -- -- -- -- -- -- 61

 62 FA503069013 Nonfinancial corporate business (MSLF) -- -- -- -- -- -- -- -- -- 62

 63 FA503069023 Nonfinancial noncorporate business (MSLF) -- -- -- -- -- -- -- -- -- 63

 64 FA503069033 Nonprofit organizations (MSLF) -- -- -- -- -- -- -- -- -- 64

 65 FA263069500 Foreign loans to U.S. corporate business -- -- -- -- -- -- -- -- -- 65

 66 FA263069500 Liab.: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 66

(1) Detailed information on the various categories of other loans and advances is available in the online Financial Accounts Guide table description: https://www.federalreserve.gov/apps/fof/FOFTables.aspx.

(2) Includes suspended reinvestments of nonmarketable Treasury securities in the Thrift Savings Plan G Fund.
Transactions

Z.1, June 7, 2024 63

F.217 Total Mortgages (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA893065005 Net change in mortgages -- -- -- -- -- -- -- -- -- 1

 2 FA893065105 One-to-four-family residential -- -- -- -- -- -- -- -- -- 2

 3 FA893065405 Multifamily residential -- -- -- -- -- -- -- -- -- 3

 4 FA893065505 Commercial -- -- -- -- -- -- -- -- -- 4

 5 FA893065603 Farm -- -- -- -- -- -- -- -- -- 5

 6 FA893065005 Net borrowing -- -- -- -- -- -- -- -- -- 6

 7 FA153165005 Household sector -- -- -- -- -- -- -- -- -- 7

 8 FA143165005 Nonfinancial business -- -- -- -- -- -- -- -- -- 8

 9 FA103165005 Corporate -- -- -- -- -- -- -- -- -- 9

 10 FA113165005 Noncorporate -- -- -- -- -- -- -- -- -- 10

 11 FA313165403 Federal government -- -- -- -- -- -- -- -- -- 11

 12 FA893065005 Net change in assets -- -- -- -- -- -- -- -- -- 12

 13 FA153065005 Household sector -- -- -- -- -- -- -- -- -- 13

 14 FA103065005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 14

 15 FA113065005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 15

 16 FA313065005 Federal government -- -- -- -- -- -- -- -- -- 16

 17 FA313065015 Ginnie Mae -- -- -- -- -- -- -- -- -- 17

 18 FA313065075 Farmers Home Administration (FmHA) (2) -- -- -- -- -- -- -- -- -- 18

 19 FA313065035 Federal Housing Administration (FHA) -- -- -- -- -- -- -- -- -- 19

 20 FA313065095 Other (3) -- -- -- -- -- -- -- -- -- 20

 21 FA213065005 State and local governments -- -- -- -- -- -- -- -- -- 21

 22 FA703065005 Private depository institutions -- -- -- -- -- -- -- -- -- 22

 23 FA763065005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 23

 24 FA753065005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 24

 25 FA743065003 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 25

 26 FA473065100 Credit unions -- -- -- -- -- -- -- -- -- 26

 27 FA513065505 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 27

 28 FA543065005 Life insurance companies -- -- -- -- -- -- -- -- -- 28

 29 FA573065005 Private pension funds -- -- -- -- -- -- -- -- -- 29

 30 FA223065043 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 30

 31 FA403065005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 31

 32 FA403065015 Fannie Mae -- -- -- -- -- -- -- -- -- 32

 33 FA403065025 Freddie Mac -- -- -- -- -- -- -- -- -- 33

 34 FA403065045 Farm Credit System -- -- -- -- -- -- -- -- -- 34

 35 FA403065035 FHLB -- -- -- -- -- -- -- -- -- 35

 36 FA403065653 Farmer Mac -- -- -- -- -- -- -- -- -- 36

 37 FA413065005 Agency- and GSE-backed mortgage pools -- -- -- -- -- -- -- -- -- 37

 38 FA413065015 Ginnie Mae -- -- -- -- -- -- -- -- -- 38

 39 FA413065025 Freddie Mac -- -- -- -- -- -- -- -- -- 39

 40 FA413065045 Fannie Mae -- -- -- -- -- -- -- -- -- 40

 41 FA413065653 Farmer Mac -- -- -- -- -- -- -- -- -- 41

 42 FA413065035 Farmers Home Administration (FmHA) (2) -- -- -- -- -- -- -- -- -- 42

 43 FA673065005 ABS issuers -- -- -- -- -- -- -- -- -- 43

 44 FA613065000 Finance companies -- -- -- -- -- -- -- -- -- 44

 45 FA643065075 Mortgage REITs -- -- -- -- -- -- -- -- -- 45

(1) Sum of one-to-four-family residential mortgages (table L.218), multifamily residential mortgages (table L.219), commercial mortgages (table L.220), and farm mortgages (table L.221).

(2) FmHA-guaranteed securities sold to the Federal Financing Bank were reallocated from FmHA mortgage pools to FmHA mortgage holdings in 1986:Q4 because of accounting changes by

 the Farmers Home Administration.

(3) Other includes Department of Veterans Affairs, Federal Financing Bank, Public Housing Administration, and Resolution Trust Corporation.
Transactions

64 Z.1, June 7, 2024

F.218 One-to-four-family Residential Mortgages (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA893065105 Net borrowing -- -- -- -- -- -- -- -- -- 1

 2 FA153165105 Household sector -- -- -- -- -- -- -- -- -- 2

 3 FA103165105 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 3

 4 FA113165105 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 4

 5 FA893065105 Net change in assets -- -- -- -- -- -- -- -- -- 5

 6 FA153065103 Household sector -- -- -- -- -- -- -- -- -- 6

 7 FA103065105 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 7

 8 FA113065103 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 8

 9 FA313065105 Federal government -- -- -- -- -- -- -- -- -- 9

 10 FA213065103 State and local governments -- -- -- -- -- -- -- -- -- 10

 11 FA763065105 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 11

 12 FA753065103 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 12

 13 FA743065103 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 13

 14 FA473065100 Credit unions -- -- -- -- -- -- -- -- -- 14

 15 FA543065105 Life insurance companies -- -- -- -- -- -- -- -- -- 15

 16 FA573065103 Private pension funds -- -- -- -- -- -- -- -- -- 16

 17 FA223065143 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 17

 18 FA403065105 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 18

 19 FA413065105 Agency- and GSE-backed mortgage pools -- -- -- -- -- -- -- -- -- 19

 20 FA673065105 ABS issuers -- -- -- -- -- -- -- -- -- 20

 21 FA613065105 Finance companies -- -- -- -- -- -- -- -- -- 21

 22 FA643065173 Mortgage REITs -- -- -- -- -- -- -- -- -- 22

 Memo:

 23 FV893065153 Charge-offs (2) -- -- -- -- -- -- -- -- -- 23

 24 FA893065125 Home equity loans included above (3) -- -- -- -- -- -- -- -- -- 24

 25 FA763065125 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 25

 26 FA753065203 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 26

 27 FA473065125 Credit unions -- -- -- -- -- -- -- -- -- 27

 28 FA673065123 ABS issuers -- -- -- -- -- -- -- -- -- 28

 29 FA613065123 Finance companies -- -- -- -- -- -- -- -- -- 29

(1) Mortgages on 1-4 family properties including mortgages on farm houses.

(2) Charge-offs are excluded from transactions (line 1) and are accounted for as other changes in volume. Quarterly figures are shown at an unadjusted quarterly rate. Data begin 2007:Q1.

(3) Loans made under home equity lines of credit and home equity loans secured by junior liens. Excludes home equity loans held by individuals. Home equity loans

 held by U.S.-chartered depository institutions exclude charge-offs.

F.219 Multifamily Residential Mortgages

Billions of dollars; quarterly figures are seasonally adjusted annual rates

 1 FA893065405 Net borrowing -- -- -- -- -- -- -- -- -- 1

 2 FA103165405 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 2

 3 FA113165405 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 3

 4 FA313165403 Federal government -- -- -- -- -- -- -- -- -- 4

 5 FA893065405 Net change in assets -- -- -- -- -- -- -- -- -- 5

 6 FA153065403 Household sector -- -- -- -- -- -- -- -- -- 6

 7 FA103065405 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 7

 8 FA113065403 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 8

 9 FA313065405 Federal government -- -- -- -- -- -- -- -- -- 9

 10 FA213065403 State and local governments -- -- -- -- -- -- -- -- -- 10

 11 FA763065405 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 11

 12 FA753065403 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 12

 13 FA543065405 Life insurance companies -- -- -- -- -- -- -- -- -- 13

 14 FA573065403 Private pension funds -- -- -- -- -- -- -- -- -- 14

 15 FA223065443 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 15

 16 FA403065405 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 16

 17 FA413065405 Agency- and GSE-backed mortgage pools -- -- -- -- -- -- -- -- -- 17

 18 FA673065405 ABS issuers -- -- -- -- -- -- -- -- -- 18

 19 FA613065403 Finance companies -- -- -- -- -- -- -- -- -- 19

 20 FA643065473 Mortgage REITs -- -- -- -- -- -- -- -- -- 20
Transactions

Z.1, June 7, 2024 65

F.220 Commercial Mortgages

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA893065505 Net borrowing -- -- -- -- -- -- -- -- -- 1

 2 FA163165505 Nonprofit organizations (1) -- -- -- -- -- -- -- -- -- 2

 3 FA103165505 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 3

 4 FA113165505 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 4

 5 FA893065505 Net change in assets -- -- -- -- -- -- -- -- -- 5

 6 FA153065505 Household sector -- -- -- -- -- -- -- -- -- 6

 7 FA103065505 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 7

 8 FA113065503 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 8

 9 FA313065505 Federal government -- -- -- -- -- -- -- -- -- 9

 10 FA213065503 State and local governments -- -- -- -- -- -- -- -- -- 10

 11 FA763065505 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 11

 12 FA753065503 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 12

 13 FA743065505 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 13

 14 FA513065505 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 14

 15 FA543065505 Life insurance companies -- -- -- -- -- -- -- -- -- 15

 16 FA573065505 Private pension funds -- -- -- -- -- -- -- -- -- 16

 17 FA223065545 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 17

 18 FA413065505 Agency- and GSE-backed mortgage pools -- -- -- -- -- -- -- -- -- 18

 19 FA673065505 ABS issuers -- -- -- -- -- -- -- -- -- 19

 20 FA613065503 Finance companies -- -- -- -- -- -- -- -- -- 20

 21 FA643065573 Mortgage REITs -- -- -- -- -- -- -- -- -- 21

(1) Liability of the households and nonprofit organizations sector (table F.101).

F.221 Farm Mortgages (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

 1 FA893065603 Net borrowing -- -- -- -- -- -- -- -- -- 1

 2 FA183165603 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 2

 3 FA233165605 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 3

 4 FA893065603 Net change in assets -- -- -- -- -- -- -- -- -- 4

 5 FA153065605 Household sector -- -- -- -- -- -- -- -- -- 5

 6 FA113065603 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 6

 7 FA313065605 Federal government -- -- -- -- -- -- -- -- -- 7

 8 FA213065603 State and local governments -- -- -- -- -- -- -- -- -- 8

 9 FA763065633 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 9

 10 FA753065603 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 10

 11 FA543065633 Life insurance companies -- -- -- -- -- -- -- -- -- 11

 12 FA223065643 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 12

 13 FA403065605 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 13

 14 FA413065605 Agency- and GSE-backed mortgage pools -- -- -- -- -- -- -- -- -- 14

(1) Excludes mortgages on farm houses.
Transactions

66 Z.1, June 7, 2024

F.222 Consumer Credit

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA153166000 Net change in liabilities (Households) -- -- -- -- -- -- -- -- -- 1

 2 FA153166000 Net change in assets -- -- -- -- -- -- -- -- -- 2

 3 FA163066223 Nonprofit organizations (1) -- -- -- -- -- -- -- -- -- 3

 4 FA103066005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 4

 5 FA113066003 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 5

 6 FA313066220 Federal government (2) -- -- -- -- -- -- -- -- -- 6

 7 FA763066000 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 7

 8 FA473066000 Credit unions -- -- -- -- -- -- -- -- -- 8

 9 FA403066005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 9

 10 FA673066000 ABS issuers -- -- -- -- -- -- -- -- -- 10

 11 FA613066005 Finance companies -- -- -- -- -- -- -- -- -- 11

 Memo:

 12 FA153166100 Credit card loans (3) -- -- -- -- -- -- -- -- -- 12

 13 FA153166400 Auto loans -- -- -- -- -- -- -- -- -- 13

 14 FA153166220 Student loans (4) -- -- -- -- -- -- -- -- -- 14

 15 FA153166205 Other consumer credit (5) -- -- -- -- -- -- -- -- -- 15

(1) Student loans originated under the Federal Family Education Loan Program. Assets of the households and nonprofit organizations sector (table F.101).

(2) Includes loans originated by the Department of Education under the Federal Direct Loan Program and Perkins Loans, as well as Federal Family Education Loan Program

 loans that the government purchased from depository institutions, finance companies, and nonprofit and educational institutions, and loans in default.

(3) Revolving credit that also includes overdraft plans on checking accounts and other loans without a fixed repayment schedule.

(4) Includes student loans held by nonprofit organizations (line 3), the federal government (line 6), depository institutions (part of lines 7 and 8), and

 finance companies (part of line 11). Data begin in 2006:Q1.

(5) Includes student loans before 2006:Q1.

F.223 Direct Investment Intercompany Debt

Billions of dollars; quarterly figures are seasonally adjusted annual rates

 U.S. direct investment abroad: Intercompany Debt

 1 FA263192305 Liab.: Rest of the world (1) -- -- -- -- -- -- -- -- -- 1

 2 FA263192313 U.S. parents’ claims -- -- -- -- -- -- -- -- -- 2

 3 FA263092313 Less: U.S. parents’ liabilities -- -- -- -- -- -- -- -- -- 3

 4 FA103092305 Asset: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 4

 5 FA763092305 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 5

 6 FA513092305 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 6

 7 FA543092375 Life insurance companies -- -- -- -- -- -- -- -- -- 7

 8 FA613092305 Finance companies -- -- -- -- -- -- -- -- -- 8

 9 FA663092305 Brokers and dealers -- -- -- -- -- -- -- -- -- 9

 10 FA733092305 Holding companies -- -- -- -- -- -- -- -- -- 10

 Foreign direct investment in U.S.: Intercompany debt

 11 FA103192305 Liab.: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 11

 12 FA115114305 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 12

 13 FA753192305 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 13

 14 FA513192305 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 14

 15 FA543192375 Life insurance companies -- -- -- -- -- -- -- -- -- 15

 16 FA613192305 Finance companies -- -- -- -- -- -- -- -- -- 16

 17 FA663192305 Brokers and dealers -- -- -- -- -- -- -- -- -- 17

 18 FA733192305 Holding companies -- -- -- -- -- -- -- -- -- 18

 19 FA503192305 Other financial business -- -- -- -- -- -- -- -- -- 19

 20 FA263092305 Asset: Rest of the world (1) -- -- -- -- -- -- -- -- -- 20

 21 FA263092323 U.S. affiliates’ liabilities -- -- -- -- -- -- -- -- -- 21

 22 FA263192323 Less: U.S. affiliates’ claims -- -- -- -- -- -- -- -- -- 22

 Memo:

 23 FA263192005 Total U.S. direct investment abroad (1, 2) -- -- -- -- -- -- -- -- -- 23

 24 FA263092001 Total Foreign direct investment in U.S. (1, 2) -- -- -- -- -- -- -- -- -- 24

(1) Direct investment is presented on a directional basis and reported at market value.

(2) Memo totals are the sum of direct investment equity (tables F.225.a and L.225.a) and intercompany debt (tables F.223 and L.223).
Transactions

Z.1, June 7, 2024 67

F.224 Corporate Equities (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA893064105 Net issues -- -- -- -- -- -- -- -- -- 1

 2 FA103164105 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 2

 3 FA793164105 Domestic financial sectors -- -- -- -- -- -- -- -- -- 3

 4 FA763164105 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 4

 5 FA513164105 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 5

 6 FA543164175 Life insurance companies -- -- -- -- -- -- -- -- -- 6

 7 FA554090005 Closed-end funds -- -- -- -- -- -- -- -- -- 7

 8 FA564090005 Exchange-traded funds -- -- -- -- -- -- -- -- -- 8

 9 FA403164105 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 9

 10 FA643164105 Mortgage REITs -- -- -- -- -- -- -- -- -- 10

 11 FA663164105 Brokers and dealers -- -- -- -- -- -- -- -- -- 11

 12 FA733164105 Holding companies -- -- -- -- -- -- -- -- -- 12

 13 FA503164105 Other financial business -- -- -- -- -- -- -- -- -- 13

 14 FA263164100 Rest of the world (2) -- -- -- -- -- -- -- -- -- 14

 15 FA893064105 Net purchases -- -- -- -- -- -- -- -- -- 15

 16 FA153064105 Household sector -- -- -- -- -- -- -- -- -- 16

 17 FA103064103 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 17

 18 FA313064105 Federal government -- -- -- -- -- -- -- -- -- 18

 19 FA213064103 State and local governments -- -- -- -- -- -- -- -- -- 19

 20 FA713064103 Monetary authority -- -- -- -- -- -- -- -- -- 20

 21 FA763064103 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 21

 22 FA753064103 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 22

 23 FA513064105 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 23

 24 FA543064105 Life insurance companies -- -- -- -- -- -- -- -- -- 24

 25 FA573064105 Private pension funds -- -- -- -- -- -- -- -- -- 25

 26 FA343064105 Federal government retirement funds -- -- -- -- -- -- -- -- -- 26

 27 FA223064145 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 27

 28 FA653064100 Mutual funds -- -- -- -- -- -- -- -- -- 28

 29 FA553064103 Closed-end funds -- -- -- -- -- -- -- -- -- 29

 30 FA563064100 Exchange-traded funds -- -- -- -- -- -- -- -- -- 30

 31 FA663064103 Brokers and dealers -- -- -- -- -- -- -- -- -- 31

 32 FA503064105 Other financial business -- -- -- -- -- -- -- -- -- 32

 33 FA263064105 Rest of the world (3) -- -- -- -- -- -- -- -- -- 33

(1) Includes shares of exchange-traded funds, closed-end funds, and real estate investment trusts. Excludes mutual fund shares shown on table F.226.

(2) Net purchases of foreign corporate equities and investment fund shares by U.S. residents; includes American Depositary Receipts (ADRs).

(3) Net purchases of U.S. issues by foreign residents.
Transactions

68 Z.1, June 7, 2024

F.225 Other Equity (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA893181115 Net issues -- -- -- -- -- -- -- -- -- 1

 2 FA103192105 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 2

 3 FA113181115 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 3

 4 FA713164005 Monetary authority -- -- -- -- -- -- -- -- -- 4

 5 FA763194603 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 5

 6 FA753181115 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 6

 7 FA513181115 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 7

 8 FA543181115 Life insurance companies -- -- -- -- -- -- -- -- -- 8

 9 FA403192405 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 9

 10 FA613192103 Finance companies -- -- -- -- -- -- -- -- -- 10

 11 FA663181115 Brokers and dealers -- -- -- -- -- -- -- -- -- 11

 12 FA733192103 Holding companies -- -- -- -- -- -- -- -- -- 12

 13 FA503181115 Other financial business -- -- -- -- -- -- -- -- -- 13

 14 FA263181115 Rest of the World -- -- -- -- -- -- -- -- -- 14

 15 FA893081115 Net purchases -- -- -- -- -- -- -- -- -- 15

 16 FA153081115 Households -- -- -- -- -- -- -- -- -- 16

 17 FA103081115 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 17

 18 FA113092405 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 18

 19 FA313081115 Federal government -- -- -- -- -- -- -- -- -- 19

 20 FA763081115 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 20

 21 FA473092403 Credit unions -- -- -- -- -- -- -- -- -- 21

 22 FA513081115 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 22

 23 FA543081115 Life insurance companies -- -- -- -- -- -- -- -- -- 23

 24 FA613081115 Finance companies -- -- -- -- -- -- -- -- -- 24

 25 FA643092473 Mortgage REITs -- -- -- -- -- -- -- -- -- 25

 26 FA663092103 Brokers and dealers -- -- -- -- -- -- -- -- -- 26

 27 FA733081115 Holding companies -- -- -- -- -- -- -- -- -- 27

 28 FA503094505 Other financial business -- -- -- -- -- -- -- -- -- 28

 29 FA263092101 Rest of the World -- -- -- -- -- -- -- -- -- 29

(1) Other equity is the sum of direct investment equity and miscellaneous other equity.

F.225.a Direct Investment Equity

Billions of dollars; quarterly figures are seasonally adjusted annual rates

 U.S. direct investment abroad: Equity

 1 FA263192101 Liab.: Rest of the world (1) -- -- -- -- -- -- -- -- -- 1

 2 FA103092105 Asset: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 2

 3 FA763092100 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 3

 4 FA513092103 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 4

 5 FA543092173 Life insurance companies -- -- -- -- -- -- -- -- -- 5

 6 FA613092103 Finance companies -- -- -- -- -- -- -- -- -- 6

 7 FA663092103 Brokers and dealers -- -- -- -- -- -- -- -- -- 7

 8 FA733092103 Holding companies -- -- -- -- -- -- -- -- -- 8

 Foreign direct investment in U.S.: Equity

 9 FA103192105 Liab.: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 9

 10 FA115114103 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 10

 11 FA753192103 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 11

 12 FA513192103 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 12

 13 FA543192173 Life insurance companies -- -- -- -- -- -- -- -- -- 13

 14 FA613192103 Finance companies -- -- -- -- -- -- -- -- -- 14

 15 FA663192103 Brokers and dealers -- -- -- -- -- -- -- -- -- 15

 16 FA733192103 Holding companies -- -- -- -- -- -- -- -- -- 16

 17 FA503192103 Other financial business -- -- -- -- -- -- -- -- -- 17

 18 FA263092101 Asset: Rest of the world (1) -- -- -- -- -- -- -- -- -- 18

 Memo:

 19 FA263192005 Total U.S. direct investment abroad (1, 2) -- -- -- -- -- -- -- -- -- 19

 20 FA263092001 Total Foreign direct investment in U.S. (1, 2) -- -- -- -- -- -- -- -- -- 20

(1) Direct investment is presented on a directional basis and reported at market value.

(2) Memo totals are the sum of direct investment equity (tables F.225.a and L.225.a) and intercompany debt (tables F.223 and L.223).
Transactions

Z.1, June 7, 2024 69

F.225.b Miscellaneous Other Equity

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA893194905 Net issues -- -- -- -- -- -- -- -- -- 1

 Proprietors’ Equity in Noncorporate Business

 2 FA112090205 Liab.: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 2

 3 FA662090003 Brokers and dealers -- -- -- -- -- -- -- -- -- 3

 4 FA152090205 Asset: Households -- -- -- -- -- -- -- -- -- 4

 Federal government equity in IBRD, etc.:

 5 FA313092803 Liab.: Rest of the world -- -- -- -- -- -- -- -- -- 5

 6 FA313092803 Asset: Federal government -- -- -- -- -- -- -- -- -- 6

 Federal Reserve Bank stock:

 7 FA713164003 Liab.: Monetary authority -- -- -- -- -- -- -- -- -- 7

 8 FA713164003 Asset: U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 8

 Equity in government-sponsored enterprises:

 9 FA403192405 Liab.: Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 9

 10 FA103092405 Asset: Nonfin. corporate business (Fannie Mae and FCS) -- -- -- -- -- -- -- -- -- 10

 11 FA113092405 Nonfinancial noncorporate (FCS) -- -- -- -- -- -- -- -- -- 11

 12 FA313092403 Federal government -- -- -- -- -- -- -- -- -- 12

 13 FA763092405 U.S.-chartered depository institutions (FHLB) -- -- -- -- -- -- -- -- -- 13

 14 FA473092403 Credit unions (FHLB) -- -- -- -- -- -- -- -- -- 14

 15 FA513092403 Property-casualty insurance companies (FHLB) -- -- -- -- -- -- -- -- -- 15

 16 FA543092473 Life insurance companies (FHLB) -- -- -- -- -- -- -- -- -- 16

 17 FA613092403 Finance companies (FHLB) -- -- -- -- -- -- -- -- -- 17

 18 FA643092473 Mortgage REITs (FHLB) -- -- -- -- -- -- -- -- -- 18

 Holding company equity investment in affiliates:

 19 FA763194603 Liab.: U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 19

 20 FA513194603 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 20

 21 FA543194603 Life insurance companies -- -- -- -- -- -- -- -- -- 21

 22 FA663194605 Brokers and dealers -- -- -- -- -- -- -- -- -- 22

 23 FA733094635 Asset: Holding companies -- -- -- -- -- -- -- -- -- 23

 Other financial business investment in affiliates:

 24 FA753194503 Liab.: Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 24

 25 FA663194505 Brokers and dealers -- -- -- -- -- -- -- -- -- 25

 26 FA503094505 Asset: Other financial business -- -- -- -- -- -- -- -- -- 26

 Federal gov’t investment in Federal Reserve facilities:

 27 FA313094213 Liab.: Monetary authority -- -- -- -- -- -- -- -- -- 27

 28 FA503194205 Other financial business -- -- -- -- -- -- -- -- -- 28

 29 FA313094205 Asset: Federal government -- -- -- -- -- -- -- -- -- 29

 Equity investment under Public-Private Inv. Program:

 30 FA503194305 Liab.: Other financial business -- -- -- -- -- -- -- -- -- 30

 31 FA153094305 Asset: Households (1) -- -- -- -- -- -- -- -- -- 31

 32 FA313094303 Federal government -- -- -- -- -- -- -- -- -- 32

(1) Funds invested by financial institutions such as domestic hedge funds through the Public-Private Investment Program (PPIP).
Transactions

70 Z.1, June 7, 2024

F.226 Mutual Fund Shares (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA653164205 Net issues -- -- -- -- -- -- -- -- -- 1

 2 FA653164205 Net purchases -- -- -- -- -- -- -- -- -- 2

 3 FA153064205 Household sector -- -- -- -- -- -- -- -- -- 3

 4 FA103064203 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 4

 5 FA213064203 State and local governments -- -- -- -- -- -- -- -- -- 5

 6 FA763064203 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 6

 7 FA473064205 Credit unions -- -- -- -- -- -- -- -- -- 7

 8 FA513064205 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 8

 9 FA543064205 Life insurance companies -- -- -- -- -- -- -- -- -- 9

 10 FA573064205 Private pension funds -- -- -- -- -- -- -- -- -- 10

 11 FA223064205 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 11

 12 FA263064203 Rest of the world -- -- -- -- -- -- -- -- -- 12

(1) Shares of open-end investment companies; excludes shares of money market funds and exchange-traded funds.
Transactions

Z.1, June 7, 2024 71

F.228 Life Insurance Reserves

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA893140005 Net change in liabilities -- -- -- -- -- -- -- -- -- 1

 2 FA313140003 Federal government -- -- -- -- -- -- -- -- -- 2

 3 FA543140005 Life insurance companies -- -- -- -- -- -- -- -- -- 3

 4 FA263140005 Rest of the world -- -- -- -- -- -- -- -- -- 4

 5 FA893140005 Net change in assets -- -- -- -- -- -- -- -- -- 5

 6 FA153040005 Household sector -- -- -- -- -- -- -- -- -- 6

 7 FA763040005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 7

 8 FA543040005 Life insurance companies -- -- -- -- -- -- -- -- -- 8

 9 FA733040005 Holding companies -- -- -- -- -- -- -- -- -- 9

 10 FA543141905 Rest of the world -- -- -- -- -- -- -- -- -- 10

F.229 Pension Entitlements

Billions of dollars; quarterly figures are seasonally adjusted annual rates

 1 FA893150005 Net change in liabilities -- -- -- -- -- -- -- -- -- 1

 2 FA543150005 Life insurance companies (1) -- -- -- -- -- -- -- -- -- 2

 3 FA574190005 Private pension funds (2) -- -- -- -- -- -- -- -- -- 3

 4 FA344090005 Federal government retirement funds (3) -- -- -- -- -- -- -- -- -- 4

 5 FA224190005 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 5

 6 FA263150005 Rest of the world -- -- -- -- -- -- -- -- -- 6

 7 FA893150005 Net change in assets -- -- -- -- -- -- -- -- -- 7

 8 FA153050005 Households (4) -- -- -- -- -- -- -- -- -- 8

 9 FA543050005 Life insurance companies -- -- -- -- -- -- -- -- -- 9

 10 FA543151905 Rest of the world -- -- -- -- -- -- -- -- -- 10

 Memo:

 11 FA893131573 Individual Retirement Accounts (IRAs): (5) -- -- -- -- -- -- -- -- -- 11

 12 FA763131573 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 12

 13 FA473131573 Credit unions -- -- -- -- -- -- -- -- -- 13

 14 FA543131503 Life insurance companies -- -- -- -- -- -- -- -- -- 14

 15 FA633131573 Money market funds -- -- -- -- -- -- -- -- -- 15

 16 FA653131573 Mutual funds -- -- -- -- -- -- -- -- -- 16

 17 FA153131575 Other self-directed accounts -- -- -- -- -- -- -- -- -- 17

(1) Annuities, including those in IRAs.

(2) Includes unallocated insurance company contracts beginning 1985:Q4.

(3) Includes the Thrift Savings Plan, the National Railroad Retirement Investment Trust, and other federal government retirement funds.

(4) Includes public and private defined benefit and defined contribution pension plans, and annuities at life insurance companies. Annuities include those held in individual retirement accounts (IRAs). Social security is excluded.

(5) Asset of the household and nonprofit organizations sector (table F.101). Figures for depositories (lines 12 and 13) include Keogh accounts. Variable annuities in IRAs are included

 in the life insurance sector (line 14) and excluded from the money market fund and mutual fund sectors (lines 15 and 16).
Transactions

72 Z.1, June 7, 2024

F.230 Trade Credit

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA893170005 Net change in trade payables -- -- -- -- -- -- -- -- -- 1

 2 FA163170005 Nonprofit organizations (1) -- -- -- -- -- -- -- -- -- 2

 3 FA103170005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 3

 4 FA113170005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 4

 5 FA313170005 Federal government -- -- -- -- -- -- -- -- -- 5

 6 FA213170003 State and local governments -- -- -- -- -- -- -- -- -- 6

 7 FA513170005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 7

 8 FA543170005 Life insurance companies -- -- -- -- -- -- -- -- -- 8

 9 FA663170003 Brokers and dealers -- -- -- -- -- -- -- -- -- 9

 10 FA263170005 Rest of the world -- -- -- -- -- -- -- -- -- 10

 11 FA893070005 Net change in trade receivables -- -- -- -- -- -- -- -- -- 11

 12 FA163070005 Nonprofit organizations (1) -- -- -- -- -- -- -- -- -- 12

 13 FA103070005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 13

 14 FA113070003 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 14

 15 FA313070000 Federal government -- -- -- -- -- -- -- -- -- 15

 16 FA213070003 State and local governments -- -- -- -- -- -- -- -- -- 16

 17 FA513070005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 17

 18 FA543070005 Life insurance companies -- -- -- -- -- -- -- -- -- 18

 19 FA673070003 ABS issuers -- -- -- -- -- -- -- -- -- 19

 20 FA263070005 Rest of the world -- -- -- -- -- -- -- -- -- 20

 21 FA903070005 Discrepancy -- -- -- -- -- -- -- -- -- 21

(1) Included in the households and nonprofit organizations sector (table F.101).

F.231 Taxes Payable by Businesses

Billions of dollars; quarterly figures are seasonally adjusted annual rates

 1 FA893178005 Net change in taxes payable by all -- -- -- -- -- -- -- -- -- 1

 businesses

 2 FA103178005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 2

 3 FA113178003 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 3

 4 FA763178000 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 4

 5 FA513178005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 5

 6 FA543178075 Life insurance companies -- -- -- -- -- -- -- -- -- 6

 7 FA613178005 Finance companies -- -- -- -- -- -- -- -- -- 7

 8 FA663178003 Brokers and dealers -- -- -- -- -- -- -- -- -- 8

 9 FA733178013 Holding companies -- -- -- -- -- -- -- -- -- 9

 10 FA893078005 Net change in business taxes receivable -- -- -- -- -- -- -- -- -- 10

 11 FA313078000 Federal government -- -- -- -- -- -- -- -- -- 11

 12 FA213078005 State and local governments -- -- -- -- -- -- -- -- -- 12

 13 FA903078005 Discrepancy -- -- -- -- -- -- -- -- -- 13
Transactions

Z.1, June 7, 2024 73

F.232 Total Miscellaneous Financial Claims

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA893190005 Net change in liabilities -- -- -- -- -- -- -- -- -- 1

 2 FA543077073 Household sector -- -- -- -- -- -- -- -- -- 2

 3 FA103190005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 3

 4 FA113193003 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 4

 5 FA313190005 Federal government -- -- -- -- -- -- -- -- -- 5

 6 FA223073045 State and local governments -- -- -- -- -- -- -- -- -- 6

 7 FA713193005 Monetary authority -- -- -- -- -- -- -- -- -- 7

 8 FA763190005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 8

 9 FA753193005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 9

 10 FA743193005 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 10

 11 FA473193005 Credit unions -- -- -- -- -- -- -- -- -- 11

 12 FA513190005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 12

 13 FA543190005 Life insurance companies -- -- -- -- -- -- -- -- -- 13

 14 FA403190005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 14

 15 FA613190005 Finance companies -- -- -- -- -- -- -- -- -- 15

 16 FA643193075 Mortgage REITs -- -- -- -- -- -- -- -- -- 16

 17 FA663190005 Brokers and dealers -- -- -- -- -- -- -- -- -- 17

 18 FA733190005 Holding companies -- -- -- -- -- -- -- -- -- 18

 19 FA503190005 Other financial business -- -- -- -- -- -- -- -- -- 19

 20 FA263190005 Rest of the world -- -- -- -- -- -- -- -- -- 20

 21 FA893090005 Net change in assets -- -- -- -- -- -- -- -- -- 21

 22 FA153090005 Household sector -- -- -- -- -- -- -- -- -- 22

 23 FA103090005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 23

 24 FA113090005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 24

 25 FA313091105 Federal government -- -- -- -- -- -- -- -- -- 25

 26 FA213093003 State and local governments -- -- -- -- -- -- -- -- -- 26

 27 FA713090005 Monetary authority -- -- -- -- -- -- -- -- -- 27

 28 FA763090005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 28

 29 FA753093005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 29

 30 FA743093005 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 30

 31 FA473093005 Credit unions -- -- -- -- -- -- -- -- -- 31

 32 FA513090005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 32

 33 FA543090005 Life insurance companies -- -- -- -- -- -- -- -- -- 33

 34 FA573090005 Private pension funds -- -- -- -- -- -- -- -- -- 34

 35 FA343073045 Federal government retirement funds -- -- -- -- -- -- -- -- -- 35

 36 FA223090005 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 36

 37 FA633093005 Money market funds -- -- -- -- -- -- -- -- -- 37

 38 FA653093005 Mutual funds -- -- -- -- -- -- -- -- -- 38

 39 FA563093003 Exchange-traded funds -- -- -- -- -- -- -- -- -- 39

 40 FA403093005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 40

 41 FA673090543 ABS issuers -- -- -- -- -- -- -- -- -- 41

 42 FA613090005 Finance companies -- -- -- -- -- -- -- -- -- 42

 43 FA643093075 Mortgage REITs -- -- -- -- -- -- -- -- -- 43

 44 FA663090005 Brokers and dealers -- -- -- -- -- -- -- -- -- 44

 45 FA733090005 Holding companies -- -- -- -- -- -- -- -- -- 45

 46 FA503093023 Other financial business -- -- -- -- -- -- -- -- -- 46

 47 FA263090005 Rest of the world -- -- -- -- -- -- -- -- -- 47

 48 FA903090005 Discrepancy -- -- -- -- -- -- -- -- -- 48
Transactions

74 Z.1, June 7, 2024

F.233 Identified Miscellaneous Financial Claims - Part I

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 Holding company other investment in affiliates:

 1 FA763194705 Liab.: U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 1

 2 FA513194703 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 2

 3 FA543194703 Life insurance companies -- -- -- -- -- -- -- -- -- 3

 4 FA613194733 Finance companies -- -- -- -- -- -- -- -- -- 4

 5 FA663194705 Brokers and dealers -- -- -- -- -- -- -- -- -- 5

 6 FA263194735 Rest of the world -- -- -- -- -- -- -- -- -- 6

 7 FA733094735 Asset: Holding companies -- -- -- -- -- -- -- -- -- 7

 Holding company balances due to affiliates:

 8 FA733194735 Liab.: Holding companies -- -- -- -- -- -- -- -- -- 8

 9 FA763094703 Asset: U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 9

 10 FA513094703 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 10

 11 FA543094703 Life insurance companies -- -- -- -- -- -- -- -- -- 11

 12 FA663094705 Brokers and dealers -- -- -- -- -- -- -- -- -- 12

 13 FA263094733 Rest of the world -- -- -- -- -- -- -- -- -- 13

 NFC other investment in finance company affiliates:

 14 FA103094705 Liab.: Finance companies -- -- -- -- -- -- -- -- -- 14

 15 FA103094705 Asset: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 15

 Securities brokers and dealers payables:

 16 FA663170605 Liab.: Brokers and dealers -- -- -- -- -- -- -- -- -- 16

 17 FA663070675 Other financial business -- -- -- -- -- -- -- -- -- 17

 18 FA663070605 Asset: Brokers and dealers -- -- -- -- -- -- -- -- -- 18

 Paycheck Protection Program subsidies payable:

 19 FA313172003 Liab.: Federal government -- -- -- -- -- -- -- -- -- 19

 20 FA163072003 Asset: Nonprofit organizations -- -- -- -- -- -- -- -- -- 20

 21 FA103072005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 21

 22 FA113072003 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 22

 23 FA613072003 Finance companies -- -- -- -- -- -- -- -- -- 23
Transactions

Z.1, June 7, 2024 75

F.234 Identified Miscellaneous Financial Claims - Part II

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 Nonofficial foreign currencies:

 1 FA263191103 Liab.: Rest of the world -- -- -- -- -- -- -- -- -- 1

 2 FA313091105 Asset: Federal government -- -- -- -- -- -- -- -- -- 2

 3 FA713091103 Monetary authority (1) -- -- -- -- -- -- -- -- -- 3

 Postal Savings System deposits:

 4 FA313131003 Liab.: Federal government -- -- -- -- -- -- -- -- -- 4

 5 FA313131003 Asset: Household sector -- -- -- -- -- -- -- -- -- 5

 Deposits at Federal Home Loan Banks:

 6 FA403197033 Liab.: Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 6

 7 FA403197033 Asset: U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 7

 Funding agreements backing securities:

 8 FA673090543 Liab.: Life insurance companies (2) -- -- -- -- -- -- -- -- -- 8

 9 FA673090543 Asset: ABS issuers -- -- -- -- -- -- -- -- -- 9

 Deferred and unpaid life insurance premiums:

 10 FA543077073 Liab.: Household sector -- -- -- -- -- -- -- -- -- 10

 11 FA543077073 Asset: Life insurance companies -- -- -- -- -- -- -- -- -- 11

 Other reserves at life insurance companies:

 12 FA543195005 Liab.: Life insurance companies -- -- -- -- -- -- -- -- -- 12

 13 FA263195105 Rest of the world -- -- -- -- -- -- -- -- -- 13

 14 FA153095105 Asset: Household sector -- -- -- -- -- -- -- -- -- 14

 15 FA543095105 Life insurance companies -- -- -- -- -- -- -- -- -- 15

 Policy payables:

 16 FA513176005 Liab.: Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 16

 17 FA263176005 Rest of the world -- -- -- -- -- -- -- -- -- 17

 18 FA153076005 Asset: Household sector -- -- -- -- -- -- -- -- -- 18

 19 FA103076005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 19

 20 FA113076005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 20

 21 FA513076005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 21

 22 FA263076005 Rest of the world -- -- -- -- -- -- -- -- -- 22

 Unallocated insurance company contracts:

 23 FA593095005 Liab.: Life insurance companies -- -- -- -- -- -- -- -- -- 23

 24 FA573095005 Asset: Private pension funds -- -- -- -- -- -- -- -- -- 24

 25 FA223095505 State and local government retirement funds -- -- -- -- -- -- -- -- -- 25

 Pension fund contributions payable:

 26 FA573074005 Liab.: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 26

 27 FA573074005 Asset: Private pension funds -- -- -- -- -- -- -- -- -- 27

 Retiree health care funds:

 28 FA313195105 Liab.: Federal government (3) -- -- -- -- -- -- -- -- -- 28

 29 FA313195105 Asset: Household sector -- -- -- -- -- -- -- -- -- 29

 Claims of pension fund on sponsor:

 30 FA573073005 Liab.: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 30

 31 FA343073045 Federal government -- -- -- -- -- -- -- -- -- 31

 32 FA223073045 State and local governments -- -- -- -- -- -- -- -- -- 32

 33 FA573073005 Asset: Private pension funds -- -- -- -- -- -- -- -- -- 33

 34 FA343073045 Federal government retirement funds -- -- -- -- -- -- -- -- -- 34

 35 FA223073045 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 35

(1) Reciprocal currency arrangements (swap lines) with foreign central banks.

(2) 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.

(3) Includes Uniform Services Retiree Health Care Fund and Postal Service Retiree Health Benefits Fund.
Transactions

76 Z.1, June 7, 2024

F.235 Unidentified Miscellaneous Financial Claims

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA893193005 Net change in liabilities -- -- -- -- -- -- -- -- -- 1

 2 FA103193005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 2

 3 FA113193003 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 3

 4 FA313193005 Federal government -- -- -- -- -- -- -- -- -- 4

 5 FA713193005 Monetary authority -- -- -- -- -- -- -- -- -- 5

 6 FA763193005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 6

 7 FA753193005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 7

 8 FA743193005 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 8

 9 FA473193005 Credit unions -- -- -- -- -- -- -- -- -- 9

 10 FA513193005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 10

 11 FA543193005 Life insurance companies -- -- -- -- -- -- -- -- -- 11

 12 FA403193005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 12

 13 FA613193005 Finance companies -- -- -- -- -- -- -- -- -- 13

 14 FA643193075 Mortgage REITs -- -- -- -- -- -- -- -- -- 14

 15 FA663193005 Brokers and dealers -- -- -- -- -- -- -- -- -- 15

 16 FA733193005 Holding companies -- -- -- -- -- -- -- -- -- 16

 17 FA503193005 Other financial business -- -- -- -- -- -- -- -- -- 17

 18 FA893093005 Net change in assets -- -- -- -- -- -- -- -- -- 18

 19 FA103093005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 19

 20 FA113093005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 20

 21 FA213093003 State and local governments -- -- -- -- -- -- -- -- -- 21

 22 FA713093005 Monetary authority -- -- -- -- -- -- -- -- -- 22

 23 FA763093005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 23

 24 FA753093005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 24

 25 FA743093005 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 25

 26 FA473093005 Credit unions -- -- -- -- -- -- -- -- -- 26

 27 FA513093005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 27

 28 FA543093005 Life insurance companies -- -- -- -- -- -- -- -- -- 28

 29 FA573093005 Private pension funds -- -- -- -- -- -- -- -- -- 29

 30 FA223093005 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 30

 31 FA633093005 Money market funds (net) -- -- -- -- -- -- -- -- -- 31

 32 FA653093005 Mutual funds -- -- -- -- -- -- -- -- -- 32

 33 FA563093003 Exchange-traded funds -- -- -- -- -- -- -- -- -- 33

 34 FA403093005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 34

 35 FA613093005 Finance companies -- -- -- -- -- -- -- -- -- 35

 36 FA643093075 Mortgage REITs -- -- -- -- -- -- -- -- -- 36

 37 FA663093005 Brokers and dealers -- -- -- -- -- -- -- -- -- 37

 38 FA733093005 Holding companies -- -- -- -- -- -- -- -- -- 38

 39 FA503093023 Other financial business -- -- -- -- -- -- -- -- -- 39

 40 FA903090005 Discrepancy -- -- -- -- -- -- -- -- -- 40
Transactions

Z.1, June 7, 2024 77

F.7 Sector Discrepancies

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA897005005 All sectors -- -- -- -- -- -- -- -- -- 1

 2 FA157005005 Household sector -- -- -- -- -- -- -- -- -- 2

 3 FA107005005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 3

 4 FA317005005 Federal government -- -- -- -- -- -- -- -- -- 4

 5 FA217005005 State and local governments -- -- -- -- -- -- -- -- -- 5

 6 FA797005005 Domestic financial sectors -- -- -- -- -- -- -- -- -- 6

 7 FA717005005 Monetary authority -- -- -- -- -- -- -- -- -- 7

 8 FA767005005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 8

 9 FA757005005 Foreign banking officed in U.S. -- -- -- -- -- -- -- -- -- 9

 10 FA747005005 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 10

 11 FA477005005 Credit unions -- -- -- -- -- -- -- -- -- 11

 12 FA517005005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 12

 13 FA547005005 Life insurance companies -- -- -- -- -- -- -- -- -- 13

 14 FA657005005 Mutual funds -- -- -- -- -- -- -- -- -- 14

 15 FA407005005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 15

 16 FA677005005 Issuers of asset-backed securities -- -- -- -- -- -- -- -- -- 16

 17 FA617005005 Finance companies -- -- -- -- -- -- -- -- -- 17

 18 FA647005005 Mortgage REITs -- -- -- -- -- -- -- -- -- 18

 19 FA667005005 Brokers and dealers -- -- -- -- -- -- -- -- -- 19

 20 FA737005005 Holding companies -- -- -- -- -- -- -- -- -- 20

 21 FA267005005 Rest of the world -- -- -- -- -- -- -- -- -- 21

F.8 Instrument Discrepancies

Billions of dollars; quarterly figures are seasonally adjusted annual rates

 1 FA907005005 All types -- -- -- -- -- -- -- -- -- 1

 2 FA903012005 Treasury currency -- -- -- -- -- -- -- -- -- 2

 3 FA903091005 Foreign deposits -- -- -- -- -- -- -- -- -- 3

 4 FA904010005 Net interbank transactions -- -- -- -- -- -- -- -- -- 4

 5 FA902050005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 5

 6 FA903020005 Mail floats -- -- -- -- -- -- -- -- -- 6

 7 FA903023005 Federal government -- -- -- -- -- -- -- -- -- 7

 8 FA903028003 State and local governments -- -- -- -- -- -- -- -- -- 8

 9 FA903029200 Private domestic -- -- -- -- -- -- -- -- -- 9

 10 FA903070005 Trade credit -- -- -- -- -- -- -- -- -- 10

 11 FA903078005 Taxes payable -- -- -- -- -- -- -- -- -- 11

 12 FA903090005 Miscellaneous -- -- -- -- -- -- -- -- -- 12

 13 FA906000105 Nonfinancial -- -- -- -- -- -- -- -- -- 13

 Nonfinancial components (sign reversed):

 14 FA087005005 Statistical discrepancy (NIPA) -- -- -- -- -- -- -- -- -- 14

 15 FA156600075 Contr. for govt. soc. insur., U.S. affiliated areas -- -- -- -- -- -- -- -- -- 15
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L.100 Domestic Nonfinancial Sectors (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL384090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL313011005 U.S. official reserve assets -- -- -- -- -- -- -- -- -- 2

 3 FL383091005 Foreign deposits -- -- -- -- -- -- -- -- -- 3

 4 FL383020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 4

 5 FL383030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 5

 6 FL383034005 Money market fund shares -- -- -- -- -- -- -- -- -- 6

 7 FL382051005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 7

 8 FL384022005 Debt securities -- -- -- -- -- -- -- -- -- 8

 9 FL383069105 Open market paper -- -- -- -- -- -- -- -- -- 9

 10 FL383061105 Treasury securities -- -- -- -- -- -- -- -- -- 10

 11 FL383061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 11

 12 FL383062005 Municipal securities -- -- -- -- -- -- -- -- -- 12

 13 FL383063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 13

 14 FL384023005 Loans -- -- -- -- -- -- -- -- -- 14

 15 FL383069005 Other loans and advances -- -- -- -- -- -- -- -- -- 15

 16 FL383065005 Mortgages -- -- -- -- -- -- -- -- -- 16

 17 FL383066005 Consumer credit -- -- -- -- -- -- -- -- -- 17

 18 LM103092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 18

 19 LM383064105 Corporate equities -- -- -- -- -- -- -- -- -- 19

 20 LM103092105 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 20

 21 LM383094905 Miscellaneous other equity -- -- -- -- -- -- -- -- -- 21

 22 LM383064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 22

 23 FL153040005 Life insurance reserves -- -- -- -- -- -- -- -- -- 23

 24 FL153050005 Pension entitlements -- -- -- -- -- -- -- -- -- 24

 25 FL383070005 Trade receivables -- -- -- -- -- -- -- -- -- 25

 26 FL383078005 Taxes payable -- -- -- -- -- -- -- -- -- 26

 27 FL383090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 27

 28 FL384194005 Total liabilities and equity -- -- -- -- -- -- -- -- -- 28

 29 FL384190005 Total liabilities -- -- -- -- -- -- -- -- -- 29

 30 LM313111303 U.S. official reserve assets -- -- -- -- -- -- -- -- -- 30

 31 FL713014003 SDR certificates -- -- -- -- -- -- -- -- -- 31

 32 FL313112003 Treasury currency -- -- -- -- -- -- -- -- -- 32

 33 FL384122005 Debt securities -- -- -- -- -- -- -- -- -- 33

 34 FL103169100 Open market paper -- -- -- -- -- -- -- -- -- 34

 35 FL313161105 Treasury securities -- -- -- -- -- -- -- -- -- 35

 36 FL313161705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 36

 37 FL383162005 Municipal securities -- -- -- -- -- -- -- -- -- 37

 38 FL103163005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 38

 39 FL384123005 Loans -- -- -- -- -- -- -- -- -- 39

 40 FL383168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 40

 41 FL383169005 Other loans and advances -- -- -- -- -- -- -- -- -- 41

 42 FL383165005 Mortgages -- -- -- -- -- -- -- -- -- 42

 43 FL153166000 Consumer credit -- -- -- -- -- -- -- -- -- 43

 44 LM143192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 44

 45 FL313140003 Life insurance reserves -- -- -- -- -- -- -- -- -- 45

 46 FL383170005 Trade payables -- -- -- -- -- -- -- -- -- 46

 47 FL143178005 Taxes payable -- -- -- -- -- -- -- -- -- 47

 48 FL383190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 48

 49 FL143181105 Total equity -- -- -- -- -- -- -- -- -- 49

 50 LM103164105 Corporate equities (market value) -- -- -- -- -- -- -- -- -- 50

 51 LM143192105 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 51

 52 LM112090205 Equity in noncorporate business -- -- -- -- -- -- -- -- -- 52

(1) Sum of domestic nonfinancial sectors shown on tables L.101 through L.107.
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L.101 Households and Nonprofit Organizations (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL154090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 LM153091003 Foreign deposits -- -- -- -- -- -- -- -- -- 2

 3 FL153020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 3

 4 FL153030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 4

 5 FL153034005 Money market fund shares -- -- -- -- -- -- -- -- -- 5

 6 LM154022005 Debt securities -- -- -- -- -- -- -- -- -- 6

 7 LM153061105 Treasury securities -- -- -- -- -- -- -- -- -- 7

 8 LM153061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 8

 9 LM153062005 Municipal securities -- -- -- -- -- -- -- -- -- 9

 10 LM153063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 10

 11 FL154023005 Loans -- -- -- -- -- -- -- -- -- 11

 12 FL153069005 Other loans and advances (2) -- -- -- -- -- -- -- -- -- 12

 13 FL153065005 Mortgages -- -- -- -- -- -- -- -- -- 13

 14 FL163066223 Consumer credit (student loans) -- -- -- -- -- -- -- -- -- 14

 15 LM153064105 Corporate equities (3) -- -- -- -- -- -- -- -- -- 15

 16 LM153081115 Miscellaneous other equity -- -- -- -- -- -- -- -- -- 16

 17 LM153064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 17

 18 FL153040005 Life insurance reserves -- -- -- -- -- -- -- -- -- 18

 19 FL153050005 Pension entitlements (4) -- -- -- -- -- -- -- -- -- 19

 20 FL593073005 Claims of pension fund on sponsor -- -- -- -- -- -- -- -- -- 20

 21 FL153050025 Funded pension entitlements -- -- -- -- -- -- -- -- -- 21

 22 FL163070005 Trade receivables -- -- -- -- -- -- -- -- -- 22

 23 FL153090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 23

 24 FL154190005 Total liabilities -- -- -- -- -- -- -- -- -- 24

 25 FL163162003 Debt securities (municipal securities) -- -- -- -- -- -- -- -- -- 25

 26 FL154123005 Loans -- -- -- -- -- -- -- -- -- 26

 27 FL153165105 One-to-four-family residential mortgages (5) -- -- -- -- -- -- -- -- -- 27

 28 FL153166000 Consumer credit -- -- -- -- -- -- -- -- -- 28

 29 FL153168005 Depository institution loans n.e.c. (6) -- -- -- -- -- -- -- -- -- 29

 30 FL153169005 Other loans and advances -- -- -- -- -- -- -- -- -- 30

 31 FL163165505 Commercial mortgages -- -- -- -- -- -- -- -- -- 31

 32 FL163170005 Trade payables -- -- -- -- -- -- -- -- -- 32

 33 FL543077073 Deferred and unpaid life insurance premiums -- -- -- -- -- -- -- -- -- 33

(1) Sector includes domestic hedge funds, private equity funds, and personal trusts. Supplementary balance sheet table B.101.n shows estimates of annual year-end outstandings of nonprofit organizations.

(2) Includes nonmarketable Treasury securities, cash accounts at brokers and dealers, and syndicated loans to nonfinancial corporate business by nonprofits and domestic hedge funds.

(3) Directly held corporate equities, including closed-end fund, exchange-traded fund, and real estate investment trust shares.

(4) Includes public and private defined benefit and defined contribution pension plans and annuities, including those in IRAs and at life insurance companies. Excludes social security.

(5) Includes loans made under home equity lines of credit and home equity loans secured by junior liens (table L.218, line 23).

(6) Includes loans extended by the Federal Reserve to financial institutions such as domestic hedge funds through the Term Asset-Backed Securities Loan Facility (TALF I).
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L.102 Nonfinancial Business (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL144090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL103091003 Foreign deposits -- -- -- -- -- -- -- -- -- 2

 3 FL143020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 3

 4 FL143030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 4

 5 FL143034005 Money market fund shares -- -- -- -- -- -- -- -- -- 5

 6 FL102051003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 6

 7 LM144022005 Debt securities -- -- -- -- -- -- -- -- -- 7

 8 FL103069100 Commercial paper -- -- -- -- -- -- -- -- -- 8

 9 LM143061105 Treasury securities -- -- -- -- -- -- -- -- -- 9

 10 LM103061703 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 10

 11 LM143062005 Municipal securities -- -- -- -- -- -- -- -- -- 11

 12 LM123063003 Corporate bonds (held by equity REITs) -- -- -- -- -- -- -- -- -- 12

 13 FL144023005 Loans -- -- -- -- -- -- -- -- -- 13

 14 FL143065005 Mortgages -- -- -- -- -- -- -- -- -- 14

 15 FL143066005 Consumer credit -- -- -- -- -- -- -- -- -- 15

 16 LM103092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 16

 17 LM103064103 Corporate equities -- -- -- -- -- -- -- -- -- 17

 18 LM103092105 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 18

 19 FL143092405 Equity in GSEs -- -- -- -- -- -- -- -- -- 19

 20 LM103064203 Mutual fund shares -- -- -- -- -- -- -- -- -- 20

 21 FL143070005 Trade receivables -- -- -- -- -- -- -- -- -- 21

 22 FL143090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 22

 23 FL144194005 Total liabilities and equity -- -- -- -- -- -- -- -- -- 23

 24 FL144190005 Total liabilities -- -- -- -- -- -- -- -- -- 24

 25 FL104122005 Debt securities -- -- -- -- -- -- -- -- -- 25

 26 FL103169100 Commercial paper -- -- -- -- -- -- -- -- -- 26

 27 FL103162000 Municipal securities -- -- -- -- -- -- -- -- -- 27

 28 FL103163005 Corporate bonds -- -- -- -- -- -- -- -- -- 28

 29 FL144123005 Loans -- -- -- -- -- -- -- -- -- 29

 30 FL143168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 30

 31 FL143169005 Other loans and advances -- -- -- -- -- -- -- -- -- 31

 32 FL143165005 Mortgages -- -- -- -- -- -- -- -- -- 32

 33 LM143192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 33

 34 FL143170005 Trade payables -- -- -- -- -- -- -- -- -- 34

 35 FL143178005 Taxes payable -- -- -- -- -- -- -- -- -- 35

 36 FL143190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 36

 37 FL143181105 Total equity (market value) -- -- -- -- -- -- -- -- -- 37

 38 LM103164105 Corporate equities -- -- -- -- -- -- -- -- -- 38

 39 LM143192105 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 39

 40 LM112090205 Equity in noncorporate business -- -- -- -- -- -- -- -- -- 40

(1) Sum of nonfinancial corporate business (table L.103) and nonfinancial noncorporate business (table L.104).
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L.103 Nonfinancial Corporate Business

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL104090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL103091003 Foreign deposits -- -- -- -- -- -- -- -- -- 2

 3 FL103020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 3

 4 FL103030003 Time and savings deposits -- -- -- -- -- -- -- -- -- 4

 5 FL103034000 Money market fund shares -- -- -- -- -- -- -- -- -- 5

 6 FL102051003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 6

 7 LM104022005 Debt securities -- -- -- -- -- -- -- -- -- 7

 8 FL103069100 Commercial paper -- -- -- -- -- -- -- -- -- 8

 9 LM103061103 Treasury securities -- -- -- -- -- -- -- -- -- 9

 10 LM103061703 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 10

 11 LM103062003 Municipal securities -- -- -- -- -- -- -- -- -- 11

 12 LM123063003 Corporate bonds (held by equity REITs) -- -- -- -- -- -- -- -- -- 12

 13 FL104023005 Loans -- -- -- -- -- -- -- -- -- 13

 14 FL103065005 Mortgages -- -- -- -- -- -- -- -- -- 14

 15 FL103066005 Consumer credit -- -- -- -- -- -- -- -- -- 15

 16 LM103092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 16

 17 LM103064103 Corporate equities -- -- -- -- -- -- -- -- -- 17

 18 LM103092105 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 18

 19 FL103092405 Equity in GSEs -- -- -- -- -- -- -- -- -- 19

 20 LM103064203 Mutual fund shares -- -- -- -- -- -- -- -- -- 20

 21 FL103070005 Trade receivables -- -- -- -- -- -- -- -- -- 21

 22 FL103090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 22

 23 FL103076005 Insurance receivables -- -- -- -- -- -- -- -- -- 23

 24 FL103094705 Investment in finance company affiliates -- -- -- -- -- -- -- -- -- 24

 25 FL103072005 PPP subsidies receivable -- -- -- -- -- -- -- -- -- 25

 26 FL103093005 Other -- -- -- -- -- -- -- -- -- 26

 27 FL104194005 Total liabilities and equity -- -- -- -- -- -- -- -- -- 27

 28 FL104190005 Total liabilities -- -- -- -- -- -- -- -- -- 28

 29 FL104122005 Debt securities -- -- -- -- -- -- -- -- -- 29

 30 FL103169100 Commercial paper -- -- -- -- -- -- -- -- -- 30

 31 FL103162000 Municipal securities (1) -- -- -- -- -- -- -- -- -- 31

 32 FL103163005 Corporate bonds -- -- -- -- -- -- -- -- -- 32

 33 FL104123005 Loans -- -- -- -- -- -- -- -- -- 33

 34 FL103168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 34

 35 FL103169005 Other loans and advances (2) -- -- -- -- -- -- -- -- -- 35

 36 FL103165005 Mortgages -- -- -- -- -- -- -- -- -- 36

 37 LM103192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 37

 38 FL103170005 Trade payables -- -- -- -- -- -- -- -- -- 38

 39 FL103178005 Taxes payable -- -- -- -- -- -- -- -- -- 39

 40 FL103190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 40

 41 FL573074005 Pension fund contributions payable -- -- -- -- -- -- -- -- -- 41

 42 FL573073005 Claims of pension fund on sponsor -- -- -- -- -- -- -- -- -- 42

 43 FL103193005 Other -- -- -- -- -- -- -- -- -- 43

 44 LM103181105 Total equity -- -- -- -- -- -- -- -- -- 44

 45 LM103164105 Corporate equities (market value) -- -- -- -- -- -- -- -- -- 45

 46 LM103192105 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 46

 Memo:

 47 FL104001005 Total liquid assets (3) -- -- -- -- -- -- -- -- -- 47

 48 FL104150005 Total short-term liabilities (4) -- -- -- -- -- -- -- -- -- 48

 49 FL104001006 Liquid assets/short-term liabilities (percent) -- -- -- -- -- -- -- -- -- 49

 50 FL104140006 Short-term debt/total debt (percent) (5) -- -- -- -- -- -- -- -- -- 50

(1) 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.

(2) Loans from rest of the world, U.S. government, and nonbank financial institutions. Detail can be found on table L.216.

(3) Sum of lines 2 through 7 and lines 17 and 20.

(4) Sum of lines 30, 34, 35, 38, and 39. Includes loans due in more than one year and excludes current maturities of bonds and mortgages.

(5) Short-term debt is the sum of lines 30, 34, and 35. Total debt is the sum of lines 29 and 33.
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L.104 Nonfinancial Noncorporate Business

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL114090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL113020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FL113030003 Time and savings deposits -- -- -- -- -- -- -- -- -- 3

 4 FL113034003 Money market fund shares -- -- -- -- -- -- -- -- -- 4

 5 LM114022005 Debt securities -- -- -- -- -- -- -- -- -- 5

 6 LM113061003 Treasury securities -- -- -- -- -- -- -- -- -- 6

 7 LM113062003 Municipal securities -- -- -- -- -- -- -- -- -- 7

 8 FL114023005 Loans -- -- -- -- -- -- -- -- -- 8

 9 FL113065005 Mortgages -- -- -- -- -- -- -- -- -- 9

 10 FL113066003 Consumer credit -- -- -- -- -- -- -- -- -- 10

 11 FL113092405 Equity investment in GSEs (1) -- -- -- -- -- -- -- -- -- 11

 12 FL113070003 Trade receivables -- -- -- -- -- -- -- -- -- 12

 13 FL113090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 13

 14 FL113076005 Insurance receivables -- -- -- -- -- -- -- -- -- 14

 15 FL113072003 PPP subsidies receivable -- -- -- -- -- -- -- -- -- 15

 16 FL113093005 Other -- -- -- -- -- -- -- -- -- 16

 17 FL114194005 Total liabilities and equity -- -- -- -- -- -- -- -- -- 17

 18 FL114190005 Total liabilities -- -- -- -- -- -- -- -- -- 18

 19 FL114123005 Loans -- -- -- -- -- -- -- -- -- 19

 20 FL113168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 20

 21 FL113169005 Other loans and advances -- -- -- -- -- -- -- -- -- 21

 22 FL113165005 Mortgages -- -- -- -- -- -- -- -- -- 22

 23 LM115114305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 23

 24 FL113170005 Trade payables -- -- -- -- -- -- -- -- -- 24

 25 FL113178003 Taxes payable -- -- -- -- -- -- -- -- -- 25

 26 FL113193003 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 26

 27 LM113181115 Total equity (market value) -- -- -- -- -- -- -- -- -- 27

 28 LM115114103 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 28

 29 LM112090205 Equity in noncorporate business -- -- -- -- -- -- -- -- -- 29

(1) Equity in the Farm Credit System.
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L.105 General Government (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL364090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL313011005 U.S. official reserve assets -- -- -- -- -- -- -- -- -- 2

 3 FL363020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 3

 4 FL363030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 4

 5 FL213034003 Money market fund shares -- -- -- -- -- -- -- -- -- 5

 6 FL212051003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 6

 7 FL364022005 Debt securities -- -- -- -- -- -- -- -- -- 7

 8 FL213069103 Open market paper -- -- -- -- -- -- -- -- -- 8

 9 FL213061103 Treasury securities -- -- -- -- -- -- -- -- -- 9

 10 FL363061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 10

 11 FL213062003 Municipal securities -- -- -- -- -- -- -- -- -- 11

 12 FL363063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 12

 13 FL364023005 Loans -- -- -- -- -- -- -- -- -- 13

 14 FL363065005 Mortgages -- -- -- -- -- -- -- -- -- 14

 15 FL313066220 Consumer credit -- -- -- -- -- -- -- -- -- 15

 16 FL363069005 Other loans and advances -- -- -- -- -- -- -- -- -- 16

 17 LM363064105 Corporate equities -- -- -- -- -- -- -- -- -- 17

 18 FL313081115 Miscellaneous other equity -- -- -- -- -- -- -- -- -- 18

 19 LM213064203 Mutual fund shares -- -- -- -- -- -- -- -- -- 19

 20 FL363070005 Trade receivables -- -- -- -- -- -- -- -- -- 20

 21 FL363078005 Taxes receivable -- -- -- -- -- -- -- -- -- 21

 22 FL363090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 22

 23 FL364190005 Total liabilities -- -- -- -- -- -- -- -- -- 23

 24 LM313111303 SDR allocations -- -- -- -- -- -- -- -- -- 24

 25 FL713014003 SDR certificates -- -- -- -- -- -- -- -- -- 25

 26 FL313112003 Treasury currency -- -- -- -- -- -- -- -- -- 26

 27 FL364122005 Debt securities -- -- -- -- -- -- -- -- -- 27

 28 FL313161105 Treasury securities -- -- -- -- -- -- -- -- -- 28

 29 FL313161705 Budget agency securities -- -- -- -- -- -- -- -- -- 29

 30 FL213162005 Municipal securities -- -- -- -- -- -- -- -- -- 30

 31 FL364123005 Loans -- -- -- -- -- -- -- -- -- 31

 32 FL313165403 Multifamily residential mortgages -- -- -- -- -- -- -- -- -- 32

 33 FL363169005 Other loans and advances -- -- -- -- -- -- -- -- -- 33

 34 FL313140003 Insurance reserves -- -- -- -- -- -- -- -- -- 34

 35 FL363170005 Trade payables -- -- -- -- -- -- -- -- -- 35

 36 FL363190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 36

 Memo:

 37 FL374090005 Total financial assets (consolidated) (2) -- -- -- -- -- -- -- -- -- 37

 38 FL374190005 Total liabilities (consolidated) (2) -- -- -- -- -- -- -- -- -- 38

(1) Sum of the federal government and state and local governments sectors.

(2) Excludes Treasury securities and municipal securities held by state and local governments (lines 9 and 11) and federal government loans to state and local governments (line 33).
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L.106 Federal Government

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL314090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL313011005 U.S. official reserve assets -- -- -- -- -- -- -- -- -- 2

 3 FL313020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 3

 4 FL313030003 Time and savings deposits -- -- -- -- -- -- -- -- -- 4

 5 FL314022005 Debt securities -- -- -- -- -- -- -- -- -- 5

 6 FL313061703 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 6

 7 FL313063763 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 7

 8 FL314023005 Loans -- -- -- -- -- -- -- -- -- 8

 9 FL313069005 Other loans and advances -- -- -- -- -- -- -- -- -- 9

 10 FL313065005 Mortgages -- -- -- -- -- -- -- -- -- 10

 11 FL313066220 Consumer credit (1) -- -- -- -- -- -- -- -- -- 11

 12 LM313064105 Corporate equities (2) -- -- -- -- -- -- -- -- -- 12

 13 FL313081115 Miscellaneous other equity -- -- -- -- -- -- -- -- -- 13

 14 FL313070000 Trade receivables -- -- -- -- -- -- -- -- -- 14

 15 FL313078000 Taxes receivable -- -- -- -- -- -- -- -- -- 15

 16 FL313091105 Miscellaneous assets -- -- -- -- -- -- -- -- -- 16

 17 FL314190005 Total liabilities -- -- -- -- -- -- -- -- -- 17

 18 LM313111303 SDR allocations -- -- -- -- -- -- -- -- -- 18

 19 FL713014003 SDR certificates -- -- -- -- -- -- -- -- -- 19

 20 FL313112003 Treasury currency -- -- -- -- -- -- -- -- -- 20

 21 FL314122005 Debt securities -- -- -- -- -- -- -- -- -- 21

 22 FL313161105 Treasury securities (3) -- -- -- -- -- -- -- -- -- 22

 23 FL313161705 Budget agency securities -- -- -- -- -- -- -- -- -- 23

 24 FL314123005 Loans -- -- -- -- -- -- -- -- -- 24

 25 FL313165403 Multifamily residential mortgages -- -- -- -- -- -- -- -- -- 25

 26 FL313169005 Other loans and advances -- -- -- -- -- -- -- -- -- 26

 27 FL313169205 Of which: nonmarketable Treasury securities (4) -- -- -- -- -- -- -- -- -- 27

 28 FL313140003 Insurance reserves -- -- -- -- -- -- -- -- -- 28

 29 FL313170005 Trade payables -- -- -- -- -- -- -- -- -- 29

 30 FL313190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 30

 31 FL343073045 Claims of pension fund on sponsor -- -- -- -- -- -- -- -- -- 31

 32 FL313172003 PPP subsidies payable -- -- -- -- -- -- -- -- -- 32

 33 FL313190015 Other -- -- -- -- -- -- -- -- -- 33

(1) Includes loans originated by the Department of Education under the Federal Direct Loan Program, as well as Federal Family Education Loan Program loans that

 the government purchased from depository institutions and finance companies.

(2) Corporate equities purchased from financial businesses under the Troubled Asset Relief Program (TARP) and from GSEs at market price.

(3) Marketable Treasury securities (net of premiums and discounts) issued by the federal government.

(4) Nonmarketable Treasury securities are classified as other loans and advances because they are not negotiable and are therefore not considered debt securities.
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L.107 State and Local Governments

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL214090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL213020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FL213030000 Time and savings deposits -- -- -- -- -- -- -- -- -- 3

 4 FL213034003 Money market fund shares -- -- -- -- -- -- -- -- -- 4

 5 FL212051003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 5

 6 LM214022005 Debt securities -- -- -- -- -- -- -- -- -- 6

 7 FL213069103 Open market paper -- -- -- -- -- -- -- -- -- 7

 8 LM213061103 Treasury securities -- -- -- -- -- -- -- -- -- 8

 9 LM213061703 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 9

 10 LM213062003 Municipal securities -- -- -- -- -- -- -- -- -- 10

 11 LM213063003 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 11

 12 FL214023005 Loans -- -- -- -- -- -- -- -- -- 12

 13 FL213065005 Mortgages -- -- -- -- -- -- -- -- -- 13

 14 FL213069200 Other loans and advances (1) -- -- -- -- -- -- -- -- -- 14

 15 LM213064103 Corporate equities -- -- -- -- -- -- -- -- -- 15

 16 LM213064203 Mutual fund shares -- -- -- -- -- -- -- -- -- 16

 17 FL213070003 Trade receivables -- -- -- -- -- -- -- -- -- 17

 18 FL213078005 Taxes receivable -- -- -- -- -- -- -- -- -- 18

 19 FL213093003 Miscellaneous assets -- -- -- -- -- -- -- -- -- 19

 20 FL214190005 Total liabilities -- -- -- -- -- -- -- -- -- 20

 21 FL213162005 Debt securities (municipal securities) -- -- -- -- -- -- -- -- -- 21

 22 FL213162400 Short-term (2) -- -- -- -- -- -- -- -- -- 22

 23 FL213162200 Long-term -- -- -- -- -- -- -- -- -- 23

 24 FL213169203 Loans (U.S. government loans) -- -- -- -- -- -- -- -- -- 24

 25 FL213170003 Trade payables -- -- -- -- -- -- -- -- -- 25

 26 FL223073045 Claims of pension fund on sponsor (3) -- -- -- -- -- -- -- -- -- 26

(1) State and Local Government Series (SLGS) nonmarketable Treasury securities classified as loans.

(2) Debt with original maturity of 13 months or less.

(3) Included in miscellaneous liabilities.
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L.108 Domestic Financial Sectors (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL794090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL713011005 U.S. official reserve assets -- -- -- -- -- -- -- -- -- 2

 3 FL713014003 SDR certificates -- -- -- -- -- -- -- -- -- 3

 4 FL713012003 Treasury currency -- -- -- -- -- -- -- -- -- 4

 5 FL793091005 Foreign deposits -- -- -- -- -- -- -- -- -- 5

 6 FL794010005 Net interbank assets -- -- -- -- -- -- -- -- -- 6

 7 FL793020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 7

 8 FL793030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 8

 9 FL793034005 Money market fund shares -- -- -- -- -- -- -- -- -- 9

 10 FL792050005 Federal funds and security repos -- -- -- -- -- -- -- -- -- 10

 11 FL794022005 Debt securities -- -- -- -- -- -- -- -- -- 11

 12 FL793069175 Open market paper -- -- -- -- -- -- -- -- -- 12

 13 FL793061105 Treasury securities -- -- -- -- -- -- -- -- -- 13

 14 FL793061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 14

 15 FL793062005 Municipal securities -- -- -- -- -- -- -- -- -- 15

 16 FL793063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 16

 17 FL794023005 Loans -- -- -- -- -- -- -- -- -- 17

 18 FL793068005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 18

 19 FL793069005 Other loans and advances -- -- -- -- -- -- -- -- -- 19

 20 FL793065005 Mortgages -- -- -- -- -- -- -- -- -- 20

 21 FL793066005 Consumer credit -- -- -- -- -- -- -- -- -- 21

 22 LM793092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 22

 23 LM793064105 Corporate equities -- -- -- -- -- -- -- -- -- 23

 24 LM793081115 Other equity -- -- -- -- -- -- -- -- -- 24

 25 LM793064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 25

 26 FL793040005 Life insurance reserves -- -- -- -- -- -- -- -- -- 26

 27 FL543050005 Pension entitlements -- -- -- -- -- -- -- -- -- 27

 28 FL793070005 Trade receivables -- -- -- -- -- -- -- -- -- 28

 29 FL793090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 29

 30 FL794194005 Total liabilities and equity -- -- -- -- -- -- -- -- -- 30

 31 FL794190005 Total liabilities -- -- -- -- -- -- -- -- -- 31

 32 FL794110005 Net interbank liabilities -- -- -- -- -- -- -- -- -- 32

 33 FL793120005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 33

 34 FL703130005 Time and savings deposits -- -- -- -- -- -- -- -- -- 34

 35 FL634090005 Money market fund shares -- -- -- -- -- -- -- -- -- 35

 36 FL792150005 Federal funds and security repos -- -- -- -- -- -- -- -- -- 36

 37 FL794122005 Debt securities -- -- -- -- -- -- -- -- -- 37

 38 FL793169175 Open market paper -- -- -- -- -- -- -- -- -- 38

 39 FL423161705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 39

 40 FL793163005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 40

 41 FL794123005 Loans -- -- -- -- -- -- -- -- -- 41

 42 FL793168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 42

 43 FL793169005 Other loans and advances -- -- -- -- -- -- -- -- -- 43

 44 LM793192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 44

 45 LM653164205 Mutual fund shares -- -- -- -- -- -- -- -- -- 45

 46 FL543140005 Life insurance reserves -- -- -- -- -- -- -- -- -- 46

 47 FL583150005 Pension entitlements -- -- -- -- -- -- -- -- -- 47

 48 FL793170005 Trade payables -- -- -- -- -- -- -- -- -- 48

 49 FL793178005 Taxes payable -- -- -- -- -- -- -- -- -- 49

 50 FL793190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 50

 51 FL793181105 Total equity -- -- -- -- -- -- -- -- -- 51

 52 LM793164105 Corporate equities (market value) -- -- -- -- -- -- -- -- -- 52

 53 LM793181115 Other equity -- -- -- -- -- -- -- -- -- 53

(1) Sum of financial sectors shown on tables L.109 through L.132.
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L.109 Monetary Authority (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL714090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL713011005 U.S. official reserve assets -- -- -- -- -- -- -- -- -- 2

 3 FL713014003 SDR certificates -- -- -- -- -- -- -- -- -- 3

 4 FL713012003 Treasury currency -- -- -- -- -- -- -- -- -- 4

 5 FL713022003 Federal Reserve float -- -- -- -- -- -- -- -- -- 5

 6 FL713068705 Interbank loans -- -- -- -- -- -- -- -- -- 6

 7 FL713068703 Discount window (2) -- -- -- -- -- -- -- -- -- 7

 8 FL763069143 AMLF and MMLF loans (3) -- -- -- -- -- -- -- -- -- 8

 9 FL713068725 PPPLF loans (4) -- -- -- -- -- -- -- -- -- 9

 10 FL713068763 Bank Term Funding Program loans -- -- -- -- -- -- -- -- -- 10

 11 FL713068753 Other credit extensions -- -- -- -- -- -- -- -- -- 11

 12 FL712051000 Security repurchase agreements -- -- -- -- -- -- -- -- -- 12

 13 LM714022005 Debt securities (5) -- -- -- -- -- -- -- -- -- 13

 14 FL713069603 Open market paper -- -- -- -- -- -- -- -- -- 14

 15 LM713061103 Treasury securities -- -- -- -- -- -- -- -- -- 15

 16 LM713061113 Treasury bills -- -- -- -- -- -- -- -- -- 16

 17 LM713061125 Other Treasury securities -- -- -- -- -- -- -- -- -- 17

 18 LM713061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 18

 19 LM713061903 Mortgage-backed securities -- -- -- -- -- -- -- -- -- 19

 20 LM713061703 Other agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 20

 21 FL713068005 Loans (depository institution loans n.e.c.) -- -- -- -- -- -- -- -- -- 21

 22 FL713068813 Households (TALF I) (6) -- -- -- -- -- -- -- -- -- 22

 23 FL713068665 Brokers and dealers (7) -- -- -- -- -- -- -- -- -- 23

 24 FL713068863 Finance companies (PPPLF) (4) -- -- -- -- -- -- -- -- -- 24

 25 FL713068505 Other financial business (8) -- -- -- -- -- -- -- -- -- 25

 26 FL713064103 Corporate equities (9) -- -- -- -- -- -- -- -- -- 26

 27 FL713090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 27

 28 FL713091103 Nonofficial foreign currencies (10) -- -- -- -- -- -- -- -- -- 28

 29 FL713093005 Other -- -- -- -- -- -- -- -- -- 29

 30 FL714194005 Total liabilities and equity -- -- -- -- -- -- -- -- -- 30

 31 FL714190005 Total liabilities -- -- -- -- -- -- -- -- -- 31

 32 FL713113003 Depository institution reserves -- -- -- -- -- -- -- -- -- 32

 33 FL703025005 Vault cash of depository institutions -- -- -- -- -- -- -- -- -- 33

 34 FL713120005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 34

 35 FL713123005 Due to federal government -- -- -- -- -- -- -- -- -- 35

 36 FL713123023 Treasury cash holdings -- -- -- -- -- -- -- -- -- 36

 37 FL713123030 Treasury general deposit account -- -- -- -- -- -- -- -- -- 37

 38 FL713123043 Treasury temporary supplementary financing account -- -- -- -- -- -- -- -- -- 38

 39 FL713124005 Due to government-sponsored enterprises -- -- -- -- -- -- -- -- -- 39

 40 FL713129005 Due to other financial business (11) -- -- -- -- -- -- -- -- -- 40

 41 FL713122605 Due to rest of the world -- -- -- -- -- -- -- -- -- 41

 42 FL713125005 Currency outside banks -- -- -- -- -- -- -- -- -- 42

 43 FL712151003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 43

 44 FL712151103 Reverse repurchase agreement operations (12) -- -- -- -- -- -- -- -- -- 44

 45 FL712151115 Other (13) -- -- -- -- -- -- -- -- -- 45

 46 FL713193005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 46

 47 FL713164005 Total equity (book value) -- -- -- -- -- -- -- -- -- 47

 48 FL313094213 Treasury contributions to MMLF -- -- -- -- -- -- -- -- -- 48

 49 FL713164003 Federal Reserve Bank stock -- -- -- -- -- -- -- -- -- 49

 Memo:

 50 FL714022065 Amortized cost of debt securities -- -- -- -- -- -- -- -- -- 50

 51 FL713061163 Treasury securities -- -- -- -- -- -- -- -- -- 51

 52 FL713061765 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 52

(1) Assets and liabilities of Federal Reserve Banks and Treasury monetary accounts that supply or absorb bank reserves. Excludes the accounts of the Federal Reserve Board.

(2) Loans extended to U.S.-chartered depository institutions through term auction credit, primary credit, secondary credit, and seasonal credit.

(3) Loans extended to U.S.-chartered depository institutions through the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF) and the

 Money Market Mutual Fund Liquidity Facility (MMLF). The AMLF was dissolved in 2010:Q1.

(4) Loans extended to depository institutions (line 9) and finance companies (line 24) through the Paycheck Protection Program Liquidity Facility (PPPLF).

(5) Shown at estimated fair value.

(6) Loans extended to financial institutions such as domestic hedge funds through the 2008 Term Asset-Backed Securities Loan Facility (TALF I).

(7) Loans extended through the Federal Reserve’s Primary Dealer Credit Facility (PDCF), AMLF (2008-2010), and MMLF (2020).

(8) Loans extended to Federal Reserve funding, credit, and liquidity, facility special purpose vehicles created in response to the 2008 Financial Crisis and COVID-19 pandemic.

(9) Preferred interests in AIA Aurora LLC and ALICO Holdings LLC, two limited liability companies created to hold all the outstanding common stock of American International Assurance

 Company Ltd (AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. Series is zero after 2010:Q4.

(10) Reciprocal currency arrangements (swap lines) with foreign central banks.

(11) Deposits of designated financial market utilities (DFMU) and deposits of Federal Reserve facility LLC’s special purpose vehicles.

(12) Reverse repurchase agreements (RRPs) conducted as part of the Federal Reserve’s Overnight RRP Operational Exercise (beginning 2013:Q3) and term RRP operations (beginning 2014:Q4).

(13) Includes reverse repurchase agreements conducted through the Federal Reserve’s Foreign Repo Pool.
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L.110 Private Depository Institutions (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL704090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL703025005 Vault cash -- -- -- -- -- -- -- -- -- 2

 3 FL713113003 Reserves at Federal Reserve -- -- -- -- -- -- -- -- -- 3

 4 FL702050005 Federal funds and security repos -- -- -- -- -- -- -- -- -- 4

 5 LM704022005 Debt securities -- -- -- -- -- -- -- -- -- 5

 6 FL703069175 Open market paper -- -- -- -- -- -- -- -- -- 6

 7 LM703061105 Treasury securities -- -- -- -- -- -- -- -- -- 7

 8 LM703061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 8

 9 LM703062005 Municipal securities -- -- -- -- -- -- -- -- -- 9

 10 LM703063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 10

 11 FL704023005 Loans -- -- -- -- -- -- -- -- -- 11

 12 FL703068005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 12

 13 FL703069005 Other loans and advances -- -- -- -- -- -- -- -- -- 13

 14 FL703065005 Mortgages -- -- -- -- -- -- -- -- -- 14

 15 FL703066005 Consumer credit -- -- -- -- -- -- -- -- -- 15

 16 LM763092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 16

 17 LM703064105 Corporate equities -- -- -- -- -- -- -- -- -- 17

 18 LM763092100 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 18

 19 FL703094905 Miscellaneous other equity -- -- -- -- -- -- -- -- -- 19

 20 LM703064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 20

 21 FL763040005 Life insurance reserves -- -- -- -- -- -- -- -- -- 21

 22 FL703090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 22

 23 FL704194005 Total liabilities and equity -- -- -- -- -- -- -- -- -- 23

 24 FL704190005 Total liabilities -- -- -- -- -- -- -- -- -- 24

 25 FL704110005 Net interbank liabilities -- -- -- -- -- -- -- -- -- 25

 26 FL703127005 Checkable deposits -- -- -- -- -- -- -- -- -- 26

 27 FL703130005 Time and savings deposits -- -- -- -- -- -- -- -- -- 27

 28 FL702150005 Federal funds and security repos -- -- -- -- -- -- -- -- -- 28

 29 FL704122005 Debt securities -- -- -- -- -- -- -- -- -- 29

 30 FL703169175 Open market paper -- -- -- -- -- -- -- -- -- 30

 31 FL763163005 Corporate bonds -- -- -- -- -- -- -- -- -- 31

 32 FL703169005 Loans (other loans and advances) -- -- -- -- -- -- -- -- -- 32

 33 LM753192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 33

 34 FL763178000 Taxes payable (net) -- -- -- -- -- -- -- -- -- 34

 35 FL703190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 35

 36 FL763194705 Other investment by holding company parent -- -- -- -- -- -- -- -- -- 36

 37 FL703193005 Other -- -- -- -- -- -- -- -- -- 37

 38 FL703181105 Total equity -- -- -- -- -- -- -- -- -- 38

 39 LM763164105 Corporate equities (market value) -- -- -- -- -- -- -- -- -- 39

 40 LM753192103 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 40

 41 FL763194603 Equity investment by holding company parent -- -- -- -- -- -- -- -- -- 41

 42 FL753194503 Investment by other financial business -- -- -- -- -- -- -- -- -- 42

 Memo:

 43 FL763066303 Consumer leases not included above (2) -- -- -- -- -- -- -- -- -- 43

 44 FL703139105 Uninsured deposits (3) -- -- -- -- -- -- -- -- -- 44

(1) U.S.-chartered depository institutions (L.111), foreign banking offices (L.112), banks in U.S.-affiliated areas (L.113), and credit unions (L.114).

(2) Receivables from operating leases, such as consumer automobile leases, are booked as current income when payments are received and are not included in financial assets (or household liabilities).

 The leased automobile is a nonfinancial asset.

(3) Includes checkable deposits (line 26) and time and savings deposits (line 27) not insured by the Federal Deposit Insurance Corporation or the National Credit Union Share Insurance Fund.
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L.111 U.S.-Chartered Depository Institutions

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL764090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL763025000 Vault cash -- -- -- -- -- -- -- -- -- 2

 3 FL763013005 Reserves at Federal Reserve -- -- -- -- -- -- -- -- -- 3

 4 FL762050005 Federal funds and security repos -- -- -- -- -- -- -- -- -- 4

 5 LM764022005 Debt securities -- -- -- -- -- -- -- -- -- 5

 6 FL763069175 Open market paper -- -- -- -- -- -- -- -- -- 6

 7 LM763061100 Treasury securities -- -- -- -- -- -- -- -- -- 7

 8 LM763061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 8

 9 LM763061805 Residential mortgage pass-through securities -- -- -- -- -- -- -- -- -- 9

 10 LM763061503 Commercial mortgage pass-through securities -- -- -- -- -- -- -- -- -- 10

 11 LM763061603 Residential CMOs and other structured MBS -- -- -- -- -- -- -- -- -- 11

 12 LM763061403 Commercial CMOs and other structured MBS -- -- -- -- -- -- -- -- -- 12

 13 LM763061795 Other -- -- -- -- -- -- -- -- -- 13

 14 LM763062000 Municipal securities -- -- -- -- -- -- -- -- -- 14

 15 LM763063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 15

 16 LM763063673 Priv. residential mortgage pass-through securities -- -- -- -- -- -- -- -- -- 16

 17 LM763063653 Priv. commercial mortgage pass-through securities -- -- -- -- -- -- -- -- -- 17

 18 LM763063663 Priv. residential CMOs and other structured MBS -- -- -- -- -- -- -- -- -- 18

 19 LM763063693 Priv. commercial CMOs and other structured MBS -- -- -- -- -- -- -- -- -- 19

 20 LM763063095 Other -- -- -- -- -- -- -- -- -- 20

 21 FL764023005 Loans -- -- -- -- -- -- -- -- -- 21

 22 FL763068005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 22

 23 FL763069005 Other loans and advances -- -- -- -- -- -- -- -- -- 23

 24 FL763065005 Mortgages -- -- -- -- -- -- -- -- -- 24

 25 FL763066000 Consumer credit -- -- -- -- -- -- -- -- -- 25

 26 LM763092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 26

 27 LM763064103 Corporate equities -- -- -- -- -- -- -- -- -- 27

 28 LM763092100 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 28

 29 FL763094905 Miscellaneous other equity -- -- -- -- -- -- -- -- -- 29

 30 LM763064203 Mutual fund shares -- -- -- -- -- -- -- -- -- 30

 31 FL763040005 Life insurance reserves -- -- -- -- -- -- -- -- -- 31

 32 FL763090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 32

 33 FL764194005 Total liabilities and equity -- -- -- -- -- -- -- -- -- 33

 34 FL764190005 Total liabilities -- -- -- -- -- -- -- -- -- 34

 35 FL764110005 Net interbank liabilities -- -- -- -- -- -- -- -- -- 35

 36 FL713022003 Federal Reserve float -- -- -- -- -- -- -- -- -- 36

 37 FL713068715 Borrowing from Federal Reserve banks -- -- -- -- -- -- -- -- -- 37

 38 FL764112005 To domestic banks -- -- -- -- -- -- -- -- -- 38

 39 FL764116005 To foreign banks -- -- -- -- -- -- -- -- -- 39

 40 FL763127005 Checkable deposits -- -- -- -- -- -- -- -- -- 40

 41 FL763123005 Federal government -- -- -- -- -- -- -- -- -- 41

 42 FL763128000 State and local government -- -- -- -- -- -- -- -- -- 42

 43 FL763129205 Private domestic -- -- -- -- -- -- -- -- -- 43

 44 FL763122605 Rest of the world -- -- -- -- -- -- -- -- -- 44

 45 FL763130005 Time and savings deposits -- -- -- -- -- -- -- -- -- 45

 46 FL762150005 Federal funds and security repos -- -- -- -- -- -- -- -- -- 46

 47 FL764122005 Debt securities -- -- -- -- -- -- -- -- -- 47

 48 FL763169175 Open market paper -- -- -- -- -- -- -- -- -- 48

 49 FL763163005 Corporate bonds -- -- -- -- -- -- -- -- -- 49

 50 FL763169305 Loans (other loans and advances) -- -- -- -- -- -- -- -- -- 50

 51 FL763178000 Taxes payable (net) -- -- -- -- -- -- -- -- -- 51

 52 FL763190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 52

 53 FL763194705 Other investment by holding company parents -- -- -- -- -- -- -- -- -- 53

 54 FL763193005 Other -- -- -- -- -- -- -- -- -- 54

 55 FL763181105 Total equity -- -- -- -- -- -- -- -- -- 55

 56 LM763164105 Corporate equities (market value) -- -- -- -- -- -- -- -- -- 56

 57 FL763194603 Equity investment by holding company parents -- -- -- -- -- -- -- -- -- 57

 Memo:

 58 FL763066303 Consumer leases not included above (1) -- -- -- -- -- -- -- -- -- 58

 59 FL763139105 Uninsured deposits (2) -- -- -- -- -- -- -- -- -- 59

(1) Receivables from operating leases, such as consumer automobile leases, are booked as current income when payments are received and are not included in financial assets (or household liabilities).

 The leased automobile is a nonfinancial asset.

(2) Includes checkable deposits (line 40) and time and savings deposits (line 45) not insured by the Federal Deposit Insurance Corporation.
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L.112 Foreign Banking Offices in U.S. (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL754090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL753025003 Vault cash -- -- -- -- -- -- -- -- -- 2

 3 FL753013003 Reserves at Federal Reserve -- -- -- -- -- -- -- -- -- 3

 4 FL752050005 Federal funds and security repos -- -- -- -- -- -- -- -- -- 4

 5 LM754022005 Debt securities -- -- -- -- -- -- -- -- -- 5

 6 FL753069603 Open market paper -- -- -- -- -- -- -- -- -- 6

 7 LM753061103 Treasury securities -- -- -- -- -- -- -- -- -- 7

 8 LM753061703 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 8

 9 LM753062003 Municipal securities -- -- -- -- -- -- -- -- -- 9

 10 LM753063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 10

 11 FL754023005 Loans -- -- -- -- -- -- -- -- -- 11

 12 FL753068005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 12

 13 FL753069703 Other loans and advances -- -- -- -- -- -- -- -- -- 13

 14 FL753065005 Mortgages -- -- -- -- -- -- -- -- -- 14

 15 FL753064103 Corporate equities -- -- -- -- -- -- -- -- -- 15

 16 FL753093005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 16

 17 FL754194005 Total liabilities and equity -- -- -- -- -- -- -- -- -- 17

 18 FL754190005 Total liabilities -- -- -- -- -- -- -- -- -- 18

 19 FL754110005 Net interbank liabilities -- -- -- -- -- -- -- -- -- 19

 20 FL754116005 To foreign banks -- -- -- -- -- -- -- -- -- 20

 21 FL754112005 To domestic banks -- -- -- -- -- -- -- -- -- 21

 22 FL753127005 Checkable deposits -- -- -- -- -- -- -- -- -- 22

 23 FL753130005 Time and savings deposits -- -- -- -- -- -- -- -- -- 23

 24 FL752150005 Federal funds and security repos -- -- -- -- -- -- -- -- -- 24

 25 FL753169175 Debt securities (open market paper) -- -- -- -- -- -- -- -- -- 25

 26 LM753192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 26

 27 FL753193005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 27

 28 FL753181115 Total equity -- -- -- -- -- -- -- -- -- 28

 29 LM753192103 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 29

 30 FL753194503 Investment by other financial business -- -- -- -- -- -- -- -- -- 30

 Memo:

 31 FL753139105 Uninsured deposits (2) -- -- -- -- -- -- -- -- -- 31

(1) Branches and agencies of foreign banks, Edge Act and Agreement corporations, New York investment companies (through 1996:Q2), and American Express Bank (through 2008:Q4).

(2) All checkable deposits (line 22) and time and savings deposits (line 23) are considered uninsured according to the Federal Deposit Insurance Act.
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L.113 Banks in U.S.-Affiliated Areas (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL744090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL743013003 Reserves at Federal Reserve -- -- -- -- -- -- -- -- -- 2

 3 LM744022003 Debt securities -- -- -- -- -- -- -- -- -- 3

 4 LM743061103 Treasury securities -- -- -- -- -- -- -- -- -- 4

 5 LM743061703 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 5

 6 LM743062003 Municipal securities -- -- -- -- -- -- -- -- -- 6

 7 LM743063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 7

 8 FL744023003 Loans -- -- -- -- -- -- -- -- -- 8

 9 FL743068005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 9

 10 FL743065103 One-to-four-family residential mortgages -- -- -- -- -- -- -- -- -- 10

 11 FL743065505 Commercial mortgages -- -- -- -- -- -- -- -- -- 11

 12 FL743093005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 12

 13 FL744190005 Total liabilities -- -- -- -- -- -- -- -- -- 13

 14 FL744110005 Net interbank liabilities -- -- -- -- -- -- -- -- -- 14

 15 FL743127003 Checkable deposits -- -- -- -- -- -- -- -- -- 15

 16 FL743130003 Time and savings deposits -- -- -- -- -- -- -- -- -- 16

 17 FL743193005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 17

 Memo:

 18 FL743139105 Uninsured deposits (2) -- -- -- -- -- -- -- -- -- 18

(1) Commercial banks and branches of U.S.-chartered depository institutions located in Puerto Rico, the U.S. Virgin Islands, American Samoa, Guam, and other U.S.-affiliated insular areas.

(2) Includes checkable deposits (line 15) and time and savings deposits (line 16) not insured by the Federal Deposit Insurance Corporation.

L.114 Credit Unions

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

 1 FL474090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL473013005 Reserves at Federal Reserve -- -- -- -- -- -- -- -- -- 2

 3 FL472050053 Federal funds and security repos -- -- -- -- -- -- -- -- -- 3

 4 LM474022005 Debt securities -- -- -- -- -- -- -- -- -- 4

 5 FL473069153 Open market paper -- -- -- -- -- -- -- -- -- 5

 6 LM473061105 Treasury securities -- -- -- -- -- -- -- -- -- 6

 7 LM473061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 7

 8 LM473062005 Municipal securities -- -- -- -- -- -- -- -- -- 8

 9 LM473063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 9

 10 FL474023000 Loans -- -- -- -- -- -- -- -- -- 10

 11 FL473068005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 11

 12 FL473065100 One-to-four-family residential mortgages -- -- -- -- -- -- -- -- -- 12

 13 FL473066000 Consumer credit -- -- -- -- -- -- -- -- -- 13

 14 FL473092403 Equity in FHLB -- -- -- -- -- -- -- -- -- 14

 15 LM473064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 15

 16 FL473093005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 16

 17 FL474190005 Total liabilities -- -- -- -- -- -- -- -- -- 17

 18 FL474110005 Net interbank liabilities -- -- -- -- -- -- -- -- -- 18

 19 FL473127003 Checkable deposits -- -- -- -- -- -- -- -- -- 19

 20 FL473130005 Time and savings deposits -- -- -- -- -- -- -- -- -- 20

 21 FL472150053 Federal funds and security repos -- -- -- -- -- -- -- -- -- 21

 22 FL473169333 Loans (other loans and advances) -- -- -- -- -- -- -- -- -- 22

 23 FL473193005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 23

 Memo:

 24 FL473139103 Uninsured deposits (1) -- -- -- -- -- -- -- -- -- 24

(1) Includes checkable deposits (line 19) and time and savings deposits (line 20) not insured by the National Credit Union Share Insurance Fund.
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L.115 Property-Casualty Insurance Companies

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL514090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL513020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FL513034005 Money market fund shares -- -- -- -- -- -- -- -- -- 3

 4 FL512051005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 4

 5 LM514022005 Debt securities -- -- -- -- -- -- -- -- -- 5

 6 FL513069105 Open market paper -- -- -- -- -- -- -- -- -- 6

 7 LM513061105 Treasury securities -- -- -- -- -- -- -- -- -- 7

 8 LM513061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 8

 9 LM513062005 Municipal securities -- -- -- -- -- -- -- -- -- 9

 10 LM513063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 10

 11 FL513065505 Loans (commercial mortgages) -- -- -- -- -- -- -- -- -- 11

 12 LM513092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 12

 13 LM513064105 Corporate equities -- -- -- -- -- -- -- -- -- 13

 14 LM513092103 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 14

 15 FL513092403 Equity in FHLB -- -- -- -- -- -- -- -- -- 15

 16 LM513064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 16

 17 FL513070005 Trade receivables -- -- -- -- -- -- -- -- -- 17

 18 FL513090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 18

 19 FL513076005 Policy payables (1) -- -- -- -- -- -- -- -- -- 19

 20 FL513094703 Receivables due from holding company parents -- -- -- -- -- -- -- -- -- 20

 21 FL513093005 Other -- -- -- -- -- -- -- -- -- 21

 22 FL514194005 Total liabilities and equity -- -- -- -- -- -- -- -- -- 22

 23 FL514190005 Total liabilities -- -- -- -- -- -- -- -- -- 23

 24 FL512151003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 24

 25 FL513169333 Loans (other loans and advances) -- -- -- -- -- -- -- -- -- 25

 26 LM513192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 26

 27 FL513170005 Trade payables -- -- -- -- -- -- -- -- -- 27

 28 FL513178005 Taxes payable -- -- -- -- -- -- -- -- -- 28

 29 FL513190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 29

 30 FL513194703 Other investment by holding company parent -- -- -- -- -- -- -- -- -- 30

 31 FL513176005 Policy payables -- -- -- -- -- -- -- -- -- 31

 32 FL513193005 Other -- -- -- -- -- -- -- -- -- 32

 33 FL513181105 Total equity -- -- -- -- -- -- -- -- -- 33

 34 LM513164105 Corporate equities (market value) -- -- -- -- -- -- -- -- -- 34

 35 LM513192103 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 35

 36 FL513194603 Equity investment by holding company parent -- -- -- -- -- -- -- -- -- 36

 Memo:

 37 FL513200003 Securities lending (2) -- -- -- -- -- -- -- -- -- 37

 38 FL514090023 Financial guaranty insurers’ total assets (3) -- -- -- -- -- -- -- -- -- 38

 39 FL514090033 Mortgage guaranty insurers’ total assets (3) -- -- -- -- -- -- -- -- -- 39

 40 FL513176015 Direct reserve -- -- -- -- -- -- -- -- -- 40

 41 FL513176025 Reinsured to U.S. reinsurers -- -- -- -- -- -- -- -- -- 41

 42 FL263176005 Reinsured to non-U.S. reinsurers -- -- -- -- -- -- -- -- -- 42

 43 FL263076005 Reinsured from non-U.S. reinsurers -- -- -- -- -- -- -- -- -- 43

(1) Policy payables due from reinsurers.

(2) Liability for securities lending collateral, included in line 32.

(3) Total nonfinancial and financial assets of financial guaranty insurers and mortgage guaranty insurers as reported in statutory financial statements, with securities reported at book/adjusted

 carrying value.
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L.116 Life Insurance Companies (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL544090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL543020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FL543034005 Money market fund shares -- -- -- -- -- -- -- -- -- 3

 4 FL542051075 Security repurchase agreements -- -- -- -- -- -- -- -- -- 4

 5 LM544022005 Debt securities -- -- -- -- -- -- -- -- -- 5

 6 FL543069105 Open market paper -- -- -- -- -- -- -- -- -- 6

 7 LM543061105 Treasury securities -- -- -- -- -- -- -- -- -- 7

 8 LM543061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 8

 9 LM543062005 Municipal securities -- -- -- -- -- -- -- -- -- 9

 10 LM543063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 10

 11 FL544023005 Loans -- -- -- -- -- -- -- -- -- 11

 12 FL543069005 Other loans and advances -- -- -- -- -- -- -- -- -- 12

 13 FL543065005 Mortgages -- -- -- -- -- -- -- -- -- 13

 14 LM543092375 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 14

 15 LM543064105 Corporate equities -- -- -- -- -- -- -- -- -- 15

 16 LM543092173 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 16

 17 FL543092473 Equity in FHLB -- -- -- -- -- -- -- -- -- 17

 18 LM543064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 18

 19 FL543040005 Life insurance reserves -- -- -- -- -- -- -- -- -- 19

 20 FL543050005 Pension entitlements -- -- -- -- -- -- -- -- -- 20

 21 FL543070005 Trade receivables -- -- -- -- -- -- -- -- -- 21

 22 FL543090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 22

 23 FL543094703 Balances due from holding company parent -- -- -- -- -- -- -- -- -- 23

 24 FL543077073 Deferred and unpaid life ins. premiums -- -- -- -- -- -- -- -- -- 24

 25 FL543095105 Other reserves -- -- -- -- -- -- -- -- -- 25

 26 FL543093005 Other -- -- -- -- -- -- -- -- -- 26

 27 FL544194005 Total liabilities and equity -- -- -- -- -- -- -- -- -- 27

 28 FL544190005 Total liabilities -- -- -- -- -- -- -- -- -- 28

 29 FL542151073 Security repurchase agreements -- -- -- -- -- -- -- -- -- 29

 30 FL543169373 Loans (other loans and advances) -- -- -- -- -- -- -- -- -- 30

 31 LM543192375 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 31

 32 FL543140005 Life insurance reserves -- -- -- -- -- -- -- -- -- 32

 33 FL543150005 Pension entitlements (2) -- -- -- -- -- -- -- -- -- 33

 34 FL543170005 Trade payables -- -- -- -- -- -- -- -- -- 34

 35 FL543178075 Taxes payable -- -- -- -- -- -- -- -- -- 35

 36 FL543190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 36

 37 FL543194703 Other investment by holding company parent -- -- -- -- -- -- -- -- -- 37

 38 FL673090543 Funding agreements backing securities (3) -- -- -- -- -- -- -- -- -- 38

 39 FL543195005 Other reserves (4) -- -- -- -- -- -- -- -- -- 39

 40 FL593095005 Unallocated insurance contracts -- -- -- -- -- -- -- -- -- 40

 41 FL543193005 Other -- -- -- -- -- -- -- -- -- 41

 42 FL543181105 Total equity -- -- -- -- -- -- -- -- -- 42

 43 LM543164175 Corporate equities (market value) -- -- -- -- -- -- -- -- -- 43

 44 LM543192173 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 44

 45 FL543194603 Equity investment by holding company parent -- -- -- -- -- -- -- -- -- 45

 Memo:

 46 FL543200073 Securities lending (5) -- -- -- -- -- -- -- -- -- 46

 47 FL543176015 Direct reserve -- -- -- -- -- -- -- -- -- 47

 48 FL543176025 Reinsured to U.S. reinsurers -- -- -- -- -- -- -- -- -- 48

 49 FL543076035 Reinsured to non-U.S. reinsurers -- -- -- -- -- -- -- -- -- 49

 50 FL543176035 Reinsured from non-U.S. reinsurers -- -- -- -- -- -- -- -- -- 50

(1) Additional detail on the financial assets and liabilities held in life insurer’s general and separate accounts is available on tables L.116.g and L.116.s.

(2) Annuity reserves held by life insurance companies, excluding unallocated contracts held by pension funds, which are shown on line 38.

(3) Equal to funding agreement-backed securities (FABS) issued by domestic issuers of asset-backed securities.

(4) Includes reserves for accident and health policies, policy dividend accumulation, and contract claims.

(5) Liability for securities lending collateral, included in line 41.
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L.116.g Life Insurance Companies: General Accounts

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL544090075 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL543020075 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FL543034075 Money market fund shares -- -- -- -- -- -- -- -- -- 3

 4 FL542051075 Security repurchase agreements -- -- -- -- -- -- -- -- -- 4

 5 LM544022075 Debt securities -- -- -- -- -- -- -- -- -- 5

 6 FL543069175 Open market paper -- -- -- -- -- -- -- -- -- 6

 7 LM543061175 Treasury securities -- -- -- -- -- -- -- -- -- 7

 8 LM543061775 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 8

 9 LM543062075 Municipal securities -- -- -- -- -- -- -- -- -- 9

 10 LM543063075 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 10

 11 FL544023075 Loans -- -- -- -- -- -- -- -- -- 11

 12 FL543069075 Other loans and advances -- -- -- -- -- -- -- -- -- 12

 13 FL543065075 Mortgages -- -- -- -- -- -- -- -- -- 13

 14 LM543092375 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 14

 15 LM543064175 Corporate equities -- -- -- -- -- -- -- -- -- 15

 16 LM543092173 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 16

 17 FL543092473 Equity in FHLB -- -- -- -- -- -- -- -- -- 17

 18 LM543064275 Mutual fund shares -- -- -- -- -- -- -- -- -- 18

 19 FL543040075 Life insurance reserves -- -- -- -- -- -- -- -- -- 19

 20 FL543050075 Pension entitlements -- -- -- -- -- -- -- -- -- 20

 21 FL543070075 Trade receivables -- -- -- -- -- -- -- -- -- 21

 22 FL543090075 Miscellaneous assets -- -- -- -- -- -- -- -- -- 22

 23 FL544194075 Total liabilities and equity -- -- -- -- -- -- -- -- -- 23

 24 FL544190075 Total liabilities -- -- -- -- -- -- -- -- -- 24

 25 FL542151073 Security repurchase agreements -- -- -- -- -- -- -- -- -- 25

 26 FL543169373 Loans (other loans and advances) -- -- -- -- -- -- -- -- -- 26

 27 LM543192375 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 27

 28 FL543140075 Life insurance reserves -- -- -- -- -- -- -- -- -- 28

 29 FL543150075 Pension entitlements (1) -- -- -- -- -- -- -- -- -- 29

 30 FL543170075 Trade payables -- -- -- -- -- -- -- -- -- 30

 31 FL543178075 Taxes payable -- -- -- -- -- -- -- -- -- 31

 32 FL543190075 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 32

 33 FL543181105 Total equity -- -- -- -- -- -- -- -- -- 33

 34 LM543164175 Corporate equities (market value) -- -- -- -- -- -- -- -- -- 34

 35 LM543192173 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 35

 36 FL543194603 Equity investment by holding company parent -- -- -- -- -- -- -- -- -- 36

(1) Annuity reserves held by life insurance companies, excluding unallocated contracts held by private pension funds which are included in miscellaneous liabilities (line 32).

L.116.s Life Insurance Companies: Separate Accounts

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

 1 FL544090085 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL543020083 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FL543034385 Money market fund shares -- -- -- -- -- -- -- -- -- 3

 4 LM544022085 Debt securities -- -- -- -- -- -- -- -- -- 4

 5 FL543069183 Open market paper -- -- -- -- -- -- -- -- -- 5

 6 LM543061183 Treasury securities -- -- -- -- -- -- -- -- -- 6

 7 LM543061783 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 7

 8 LM543062083 Municipal securities -- -- -- -- -- -- -- -- -- 8

 9 LM543063085 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 9

 10 FL544023085 Loans -- -- -- -- -- -- -- -- -- 10

 11 FL543069483 Other loans and advances -- -- -- -- -- -- -- -- -- 11

 12 FL543065083 Mortgages -- -- -- -- -- -- -- -- -- 12

 13 LM543064185 Corporate equities -- -- -- -- -- -- -- -- -- 13

 14 LM543064385 Mutual fund shares -- -- -- -- -- -- -- -- -- 14

 15 FL543040085 Life insurance reserves -- -- -- -- -- -- -- -- -- 15

 16 FL543050085 Pension entitlements -- -- -- -- -- -- -- -- -- 16

 17 FL543070085 Trade receivables -- -- -- -- -- -- -- -- -- 17

 18 FL543090085 Miscellaneous assets -- -- -- -- -- -- -- -- -- 18

 19 FL544190085 Total liabilities -- -- -- -- -- -- -- -- -- 19

 20 LM543140085 Life insurance reserves -- -- -- -- -- -- -- -- -- 20

 21 LM543150085 Pension entitlements (1) -- -- -- -- -- -- -- -- -- 21

 22 FL543170085 Trade payables -- -- -- -- -- -- -- -- -- 22

 23 FL543190085 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 23

(1) Annuity reserves held by life insurance companies, excluding unallocated contracts held by private pension funds which are included in miscellaneous liabilities (line 23).
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L.117 Private and Public Pension Funds (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL594090005 Total financial assets (2) -- -- -- -- -- -- -- -- -- 1

 2 FL593020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FL593030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 3

 4 FL593034005 Money market fund shares -- -- -- -- -- -- -- -- -- 4

 5 FL592051005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 5

 6 LM594022005 Debt securities -- -- -- -- -- -- -- -- -- 6

 7 FL593069105 Open market paper -- -- -- -- -- -- -- -- -- 7

 8 LM593061105 Treasury securities -- -- -- -- -- -- -- -- -- 8

 9 LM593061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 9

 10 LM593062045 Municipal securities -- -- -- -- -- -- -- -- -- 10

 11 LM593063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 11

 12 FL594023005 Loans -- -- -- -- -- -- -- -- -- 12

 13 FL343069005 Other loans and advances (3) -- -- -- -- -- -- -- -- -- 13

 14 FL593065005 Mortgages -- -- -- -- -- -- -- -- -- 14

 15 LM593064105 Corporate equities -- -- -- -- -- -- -- -- -- 15

 16 LM593064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 16

 17 FL593090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 17

 18 FL593095005 Unallocated insurance contracts (4) -- -- -- -- -- -- -- -- -- 18

 19 FL573074005 Contributions receivable -- -- -- -- -- -- -- -- -- 19

 20 FL593073005 Claims of pension fund on sponsor (5) -- -- -- -- -- -- -- -- -- 20

 21 FL593093005 Other -- -- -- -- -- -- -- -- -- 21

 22 FL594190005 Pension entitlements (liabilities) (6) -- -- -- -- -- -- -- -- -- 22

 Memo:

 Funded status of defined benefit plans:

 23 FL594190045 Pension entitlements -- -- -- -- -- -- -- -- -- 23

 24 FL592000075 Funded by assets (7) -- -- -- -- -- -- -- -- -- 24

 25 FL593073045 Unfunded (line 20) -- -- -- -- -- -- -- -- -- 25

 26 FL153050015 Household retirement assets (8) -- -- -- -- -- -- -- -- -- 26

 27 FL594190045 Defined benefit plans -- -- -- -- -- -- -- -- -- 27

 28 FL594090055 Defined contribution plans -- -- -- -- -- -- -- -- -- 28

 29 LM893131573 Individual retirement plans (IRAs) (9) -- -- -- -- -- -- -- -- -- 29

 30 FL543150015 Annuities at life insurance companies (10) -- -- -- -- -- -- -- -- -- 30

(1) Private pension funds, state and local government employee retirement funds, and federal government retirement funds defined benefit plans and defined contribution plans.

(2) Includes claims on sponsor (i.e., unfunded pension entitlements).

(3) Nonmarketable Treasury securities classified as loans and suspended reinvestments in the Thrift Savings Plan G Fund.

(4) Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts; series begins 1985:Q4.

(5) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.

(6) Actuarial value of accrued pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.

(7) Total defined benefit financial assets plus nonfinancial assets less claims of pension fund on sponsor.

(8) Households’ retirement assets in tax-deferred accounts, including employer sponsored pension plans, IRAs, Roth IRAs, and annuities.

(9) IRA assets are not included above. See memo items on table L.229 for a sectoral distribution of IRA accounts.

(10) Annuities held in IRAs are excluded. They are included in line 29.
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L.118 Private Pension Funds (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL574090005 Total financial assets (2) -- -- -- -- -- -- -- -- -- 1

 2 FL573020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FL573030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 3

 4 FL573034005 Money market fund shares -- -- -- -- -- -- -- -- -- 4

 5 FL572051005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 5

 6 LM574022005 Debt securities -- -- -- -- -- -- -- -- -- 6

 7 FL573069105 Open market paper -- -- -- -- -- -- -- -- -- 7

 8 LM573061105 Treasury securities -- -- -- -- -- -- -- -- -- 8

 9 LM573061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 9

 10 LM573063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 10

 11 FL573065005 Loans (mortgages) -- -- -- -- -- -- -- -- -- 11

 12 LM573064105 Corporate equities -- -- -- -- -- -- -- -- -- 12

 13 LM573064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 13

 14 FL573090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 14

 15 FL573095005 Unallocated insurance contracts (3) -- -- -- -- -- -- -- -- -- 15

 16 FL573074005 Contributions receivable -- -- -- -- -- -- -- -- -- 16

 17 FL573073005 Claims of pension fund on sponsor (4) -- -- -- -- -- -- -- -- -- 17

 18 FL573093005 Other -- -- -- -- -- -- -- -- -- 18

 19 FL574190005 Pension entitlements (liabilities) (5) -- -- -- -- -- -- -- -- -- 19

 Memo:

 Funded status of defined benefit plans:

 20 FL574190043 Pension entitlements -- -- -- -- -- -- -- -- -- 20

 21 FL572000075 Funded by assets (6) -- -- -- -- -- -- -- -- -- 21

 22 FL573073005 Unfunded (line 17) -- -- -- -- -- -- -- -- -- 22

 Total financial assets

 23 FL574090045 Defined benefit plans (7) -- -- -- -- -- -- -- -- -- 23

 24 FL574090055 Defined contribution plans (8) -- -- -- -- -- -- -- -- -- 24

(1) Private defined benefit plans and defined contribution plans (including 401(k) type plans).

(2) Includes claims on sponsor (i.e., unfunded pension entitlements).

(3) Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts; series begins 1985:Q4.

(4) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.

(5) Actuarial value of accrued pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.

(6) Total defined benefit financial assets plus nonfinancial assets less claims of pension fund on sponsor.

(7) Additional detail on defined benefit plans is available on tables L.118.b.

(8) Additional detail on defined contribution plans is available on table L.118.c.
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L.118.b Private Pension Funds: Defined Benefit Plans

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL574090045 Total financial assets (1) -- -- -- -- -- -- -- -- -- 1

 2 FL573020043 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FL573030043 Time and savings deposits -- -- -- -- -- -- -- -- -- 3

 4 FL573034043 Money market fund shares -- -- -- -- -- -- -- -- -- 4

 5 FL572051043 Security repurchase agreements -- -- -- -- -- -- -- -- -- 5

 6 LM574022045 Debt securities -- -- -- -- -- -- -- -- -- 6

 7 FL573069143 Open market paper -- -- -- -- -- -- -- -- -- 7

 8 LM573061143 Treasury securities -- -- -- -- -- -- -- -- -- 8

 9 LM573061743 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 9

 10 LM573063043 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 10

 11 FL573065043 Loans (mortgages) -- -- -- -- -- -- -- -- -- 11

 12 LM573064143 Corporate equities -- -- -- -- -- -- -- -- -- 12

 13 LM573064243 Mutual fund shares -- -- -- -- -- -- -- -- -- 13

 14 FL573090045 Miscellaneous assets -- -- -- -- -- -- -- -- -- 14

 15 FL573095405 Unallocated insurance contracts (2) -- -- -- -- -- -- -- -- -- 15

 16 FL573074043 Contributions receivable -- -- -- -- -- -- -- -- -- 16

 17 FL573073005 Claims of pension fund on sponsor (3) -- -- -- -- -- -- -- -- -- 17

 18 FL573093043 Other -- -- -- -- -- -- -- -- -- 18

 19 FL574190043 Pension entitlements (liabilities) (4) -- -- -- -- -- -- -- -- -- 19

(1) Includes claims on sponsor (i.e., unfunded pension entitlements).

(2) Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts; series begins 1985:Q4.

(3) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.

(4) Actuarial value of accrued defined benefit pension entitlements.

L.118.c Private Pension Funds: Defined Contribution Plans (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

 1 FL574090055 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL573020033 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FL573030033 Time and savings deposits -- -- -- -- -- -- -- -- -- 3

 4 FL573034055 Money market fund shares -- -- -- -- -- -- -- -- -- 4

 5 FL572051033 Security repurchase agreements -- -- -- -- -- -- -- -- -- 5

 6 LM574022035 Debt securities -- -- -- -- -- -- -- -- -- 6

 7 FL573069133 Open market paper -- -- -- -- -- -- -- -- -- 7

 8 LM573061133 Treasury securities -- -- -- -- -- -- -- -- -- 8

 9 LM573061733 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 9

 10 LM573063033 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 10

 11 FL573065033 Loans (mortgages) -- -- -- -- -- -- -- -- -- 11

 12 LM573064133 Corporate equities -- -- -- -- -- -- -- -- -- 12

 13 LM573064255 Mutual fund shares -- -- -- -- -- -- -- -- -- 13

 14 FL573090055 Miscellaneous assets -- -- -- -- -- -- -- -- -- 14

 15 FL573095505 Unallocated insurance contracts (2) -- -- -- -- -- -- -- -- -- 15

 16 FL573074033 Contributions receivable -- -- -- -- -- -- -- -- -- 16

 17 FL573093055 Other -- -- -- -- -- -- -- -- -- 17

 18 FL574090055 Pension entitlements (liabilities) -- -- -- -- -- -- -- -- -- 18

(1) Includes 401(k) and 403(b) type plans.

(2) Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts; series begins 1985:Q4.
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L.119 Federal Government Employee Retirement Funds

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL344090005 Total financial assets (1) -- -- -- -- -- -- -- -- -- 1

 2 FL343020033 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 LM344022005 Debt securities -- -- -- -- -- -- -- -- -- 3

 4 LM343061105 Treasury securities -- -- -- -- -- -- -- -- -- 4

 5 LM343061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 5

 6 LM343062033 Municipal securities -- -- -- -- -- -- -- -- -- 6

 7 LM343063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 7

 8 FL343069005 Loans (other loans and advances) (2) -- -- -- -- -- -- -- -- -- 8

 9 LM343064105 Corporate equities -- -- -- -- -- -- -- -- -- 9

 10 FL343073045 Claims of pension fund on sponsor (misc. assets) (3) -- -- -- -- -- -- -- -- -- 10

 11 FL344090005 Pension entitlements (liabilities) (4) -- -- -- -- -- -- -- -- -- 11

 Memo:

 Funded status of defined benefit plans:

 12 FL344090045 Pension entitlements -- -- -- -- -- -- -- -- -- 12

 13 FL342000075 Funded by assets (5) -- -- -- -- -- -- -- -- -- 13

 14 FL343073045 Unfunded (line 10) -- -- -- -- -- -- -- -- -- 14

 Total financial assets

 15 FL344090045 Defined benefit plans (6) -- -- -- -- -- -- -- -- -- 15

 16 FL344090055 Defined contribution plans (7) -- -- -- -- -- -- -- -- -- 16

(1) Includes claims on sponsor (i.e., unfunded pension entitlements).

(2) Nonmarketable Treasury securities classified as loans and suspended reinvestments in the Thrift Savings Plan G Fund.

(3) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.

(4) Actuarial value of projected pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.

(5) Total defined benefit financial assets less defined benefit claims of pension fund on sponsor.

(6) Additional detail on defined benefit plans is available on table L.119.b.

(7) Additional detail on defined contribution plans is available on table L.119.c.
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L.119.b Federal Government Employee Retirement Funds: Defined Benefit Plans (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL344090045 Total financial assets (2) -- -- -- -- -- -- -- -- -- 1

 2 FL343020033 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 LM344022045 Debt securities -- -- -- -- -- -- -- -- -- 3

 4 LM343061165 Treasury securities -- -- -- -- -- -- -- -- -- 4

 5 LM343061733 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 5

 6 LM343062033 Municipal securities -- -- -- -- -- -- -- -- -- 6

 7 LM343063033 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 7

 8 FL343069245 Loans (other loans and advances) (3) -- -- -- -- -- -- -- -- -- 8

 9 LM343064135 Corporate equities -- -- -- -- -- -- -- -- -- 9

 10 FL343073045 Claims of pension fund on sponsor (misc. assets) (4) -- -- -- -- -- -- -- -- -- 10

 11 FL344190045 Pension entitlements (liabilities) (5) -- -- -- -- -- -- -- -- -- 11

(1) Includes Civil Service Retirement and Disability Fund, Railroad Retirement Board, judicial retirement fund, Military Retirement Fund, Foreign Service Retirement and

 Disability Fund, and the National Railroad Investment Trust.

(2) Includes claims on sponsor (i.e., unfunded pension entitlements).

(3) Nonmarketable Treasury securities classified as loans.

(4) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.

(5) Actuarial value of accrued pension entitlements in defined benefit plans. These liabilities are assets of the household sector.

L.119.c Federal Government Employee Retirement Funds: Defined Contribution Plans (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

 1 FL344090055 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 LM344022025 Debt securities -- -- -- -- -- -- -- -- -- 2

 3 LM343061113 Treasury securities -- -- -- -- -- -- -- -- -- 3

 4 LM343061723 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 4

 5 LM343063023 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 5

 6 FL343069055 Loans (other loans and advances) (2) -- -- -- -- -- -- -- -- -- 6

 7 LM343064125 Corporate equities -- -- -- -- -- -- -- -- -- 7

 8 FL344090055 Pension entitlements (liabilities) -- -- -- -- -- -- -- -- -- 8

(1) Thrift Savings Plan.

(2) Nonmarketable Treasury securities classified as loans and suspended reinvestments in the Thrift Savings Plan G Fund.
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L.120 State and Local Government Employee Retirement Funds

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL224090005 Total financial assets (1) -- -- -- -- -- -- -- -- -- 1

 2 FL223020043 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FL223030043 Time and savings deposits -- -- -- -- -- -- -- -- -- 3

 4 FL223034005 Money market fund shares -- -- -- -- -- -- -- -- -- 4

 5 FL222051043 Security repurchase agreements -- -- -- -- -- -- -- -- -- 5

 6 LM224022045 Debt securities -- -- -- -- -- -- -- -- -- 6

 7 FL223069143 Open market paper -- -- -- -- -- -- -- -- -- 7

 8 LM223061143 Treasury securities -- -- -- -- -- -- -- -- -- 8

 9 LM223061743 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 9

 10 LM223062043 Municipal securities -- -- -- -- -- -- -- -- -- 10

 11 LM223063045 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 11

 12 FL223065043 Loans (mortgages) -- -- -- -- -- -- -- -- -- 12

 13 LM223064145 Corporate equities -- -- -- -- -- -- -- -- -- 13

 14 LM223064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 14

 15 FL223090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 15

 16 FL223095505 Unallocated insurance contracts (2) -- -- -- -- -- -- -- -- -- 16

 17 FL223073045 Claims of pension fund on sponsor (3) -- -- -- -- -- -- -- -- -- 17

 18 FL223093005 Other -- -- -- -- -- -- -- -- -- 18

 19 FL224190005 Pension entitlements (liabilities) (4) -- -- -- -- -- -- -- -- -- 19

 Memo:

 Funded status of defined benefit plans:

 20 FL224190043 Pension entitlements -- -- -- -- -- -- -- -- -- 20

 21 FL222000075 Funded by assets (5) -- -- -- -- -- -- -- -- -- 21

 22 FL223073045 Unfunded (line 17) -- -- -- -- -- -- -- -- -- 22

 Total financial assets

 23 FL224090045 Defined benefit plans (6) -- -- -- -- -- -- -- -- -- 23

 24 FL224090055 Defined contribution plans (7) -- -- -- -- -- -- -- -- -- 24

(1) Includes claims on sponsor (i.e., unfunded pension entitlements).

(2) Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts.

(3) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.

(4) Actuarial value of projected pension entitlements. These liabilities are assets of the household sector.

(5) Total defined benefit financial assets plus nonfinancial assets less claims of pension fund on sponsor.

(6) Additional detail on defined benefit plans is available on table L.120.b.

(7) Additional detail on defined contribution plans is available on table L.120.c.
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L.120.b State and Local Government Employee Retirement Funds: Defined Benefit Plans

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL224090045 Total financial assets (1) -- -- -- -- -- -- -- -- -- 1

 2 FL223020043 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FL223030043 Time and savings deposits -- -- -- -- -- -- -- -- -- 3

 4 FL223034043 Money market fund shares -- -- -- -- -- -- -- -- -- 4

 5 FL222051043 Security repurchase agreements -- -- -- -- -- -- -- -- -- 5

 6 LM224022045 Debt securities -- -- -- -- -- -- -- -- -- 6

 7 FL223069143 Open market paper -- -- -- -- -- -- -- -- -- 7

 8 LM223061143 Treasury securities -- -- -- -- -- -- -- -- -- 8

 9 LM223061743 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 9

 10 LM223062043 Municipal securities -- -- -- -- -- -- -- -- -- 10

 11 LM223063045 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 11

 12 FL223065043 Loans (mortgages) -- -- -- -- -- -- -- -- -- 12

 13 LM223064145 Corporate equities -- -- -- -- -- -- -- -- -- 13

 14 LM223064243 Mutual fund shares -- -- -- -- -- -- -- -- -- 14

 15 FL223090045 Miscellaneous assets -- -- -- -- -- -- -- -- -- 15

 16 FL223073045 Claims of pension fund on sponsor (2) -- -- -- -- -- -- -- -- -- 16

 17 LM223093043 Other -- -- -- -- -- -- -- -- -- 17

 18 FL224190043 Pension entitlements (liabilities) (3) -- -- -- -- -- -- -- -- -- 18

(1) Includes claims on sponsor (i.e., unfunded pension entitlements).

(2) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.

(3) Actuarial value of accrued defined benefit pension entitlements. These liabilities are assets of the household sector.

L.120.c State and Local Government Employee Retirement Funds: Defined Contribution Plans (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

 1 FL224090055 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL223034055 Money market fund shares -- -- -- -- -- -- -- -- -- 2

 3 LM223064255 Mutual fund shares -- -- -- -- -- -- -- -- -- 3

 4 FL223090055 Miscellaneous assets -- -- -- -- -- -- -- -- -- 4

 5 FL223095505 Unallocated insurance contracts (misc. assets) (2) -- -- -- -- -- -- -- -- -- 5

 6 FL223093053 Other -- -- -- -- -- -- -- -- -- 6

 7 FL224090055 Pension entitlements (liabilities) -- -- -- -- -- -- -- -- -- 7

(1) Includes 403(b) and 457 type plans.

(2) Includes products sold by life insurance companies, such as variable annuities and guaranteed investment contracts.
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L.121 Money Market Funds (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL634090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL633091003 Foreign deposits -- -- -- -- -- -- -- -- -- 2

 3 FL633030000 Time and savings deposits -- -- -- -- -- -- -- -- -- 3

 4 FL632051000 Security repurchase agreements -- -- -- -- -- -- -- -- -- 4

 5 FL634022005 Debt securities -- -- -- -- -- -- -- -- -- 5

 6 FL633069175 Open market paper -- -- -- -- -- -- -- -- -- 6

 7 FL633061105 Treasury securities -- -- -- -- -- -- -- -- -- 7

 8 FL633061700 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 8

 9 FL633062000 Municipal securities -- -- -- -- -- -- -- -- -- 9

 10 FL633063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 10

 11 FL633093005 Miscellaneous assets (net) -- -- -- -- -- -- -- -- -- 11

 12 FL634090005 Total shares outstanding (liabilities) -- -- -- -- -- -- -- -- -- 12

 Memo:

 13 FL634090010 Stable NAV money market funds included above -- -- -- -- -- -- -- -- -- 13

 14 FL634090020 Floating NAV money market funds included above (2) -- -- -- -- -- -- -- -- -- 14

 15 FL634090033 Government money market funds included above -- -- -- -- -- -- -- -- -- 15

 16 FL634090043 Prime money market funds included above -- -- -- -- -- -- -- -- -- 16

 17 FL634090053 Tax-exempt money market funds included above -- -- -- -- -- -- -- -- -- 17

 18 FL634090503 Variable annuity money market funds included above -- -- -- -- -- -- -- -- -- 18

(1) Open-end investment companies including variable annuity money market funds.

(2) Floating NAV data begin 2016:Q4, corresponding to the implementation of Securities and Exchange Commission money market reforms on October 14, 2016. Some funds used floating NAV

 prior to this date.

L.122 Mutual Funds (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

 1 LM654090000 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL653034003 Money market funds -- -- -- -- -- -- -- -- -- 2

 3 FL652051003 Security repurchase agreements (net) -- -- -- -- -- -- -- -- -- 3

 4 LM654022005 Debt securities -- -- -- -- -- -- -- -- -- 4

 5 FL653069100 Open market paper -- -- -- -- -- -- -- -- -- 5

 6 LM653061105 Treasury securities -- -- -- -- -- -- -- -- -- 6

 7 LM653061703 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 7

 8 LM653062003 Municipal securities -- -- -- -- -- -- -- -- -- 8

 9 LM653063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 9

 10 FL653069803 Loans (other loans and advances) -- -- -- -- -- -- -- -- -- 10

 11 LM653064100 Corporate equities -- -- -- -- -- -- -- -- -- 11

 12 FL653093005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 12

 13 LM654090000 Total shares outstanding (liabilities) -- -- -- -- -- -- -- -- -- 13

 Memo:

 14 LM654090500 Variable annuity mutual funds included above -- -- -- -- -- -- -- -- -- 14

 Total financial assets by investment objective:

 15 LM654091600 Domestic equity funds -- -- -- -- -- -- -- -- -- 15

 16 LM654092603 World equity funds -- -- -- -- -- -- -- -- -- 16

 17 LM654091403 Hybrid funds -- -- -- -- -- -- -- -- -- 17

 18 LM654091303 Taxable bond funds -- -- -- -- -- -- -- -- -- 18

 19 LM654091203 Municipal bond funds -- -- -- -- -- -- -- -- -- 19

(1) Open-end investment companies including variable annuity mutual funds.
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L.123 Closed-End Funds

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 LM554090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 LM554022005 Debt securities -- -- -- -- -- -- -- -- -- 2

 3 LM553061103 Treasury securities -- -- -- -- -- -- -- -- -- 3

 4 LM553062003 Municipal securities -- -- -- -- -- -- -- -- -- 4

 5 LM553063003 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 5

 6 LM553064103 Corporate equities -- -- -- -- -- -- -- -- -- 6

 7 LM554090005 Total shares outstanding (liabilities) -- -- -- -- -- -- -- -- -- 7

 Memo:

 Total financial assets by investment objective:

 8 LM554091603 Domestic equity funds -- -- -- -- -- -- -- -- -- 8

 9 LM554092603 World equity funds -- -- -- -- -- -- -- -- -- 9

 10 LM554091303 Domestic taxable bond funds -- -- -- -- -- -- -- -- -- 10

 11 LM554091203 Municipal bond funds -- -- -- -- -- -- -- -- -- 11

 12 LM554092303 World bond funds -- -- -- -- -- -- -- -- -- 12

L.124 Exchange-Traded Funds

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

 1 LM564090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL563034003 Money market funds -- -- -- -- -- -- -- -- -- 2

 3 LM564022005 Debt securities -- -- -- -- -- -- -- -- -- 3

 4 LM563061103 Treasury securities -- -- -- -- -- -- -- -- -- 4

 5 LM563062003 Municipal securities -- -- -- -- -- -- -- -- -- 5

 6 LM563063003 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 6

 7 LM563064100 Corporate equities -- -- -- -- -- -- -- -- -- 7

 8 LM563093003 Miscellaneous assets (1) -- -- -- -- -- -- -- -- -- 8

 9 LM564090005 Total shares outstanding (liabilities) -- -- -- -- -- -- -- -- -- 9

 Memo:

 Total financial assets by investment objective:

 10 LM564091600 Domestic equity funds -- -- -- -- -- -- -- -- -- 10

 11 LM564092603 World equity funds -- -- -- -- -- -- -- -- -- 11

 12 LM564091703 Commodity funds (1) -- -- -- -- -- -- -- -- -- 12

 13 LM564091403 Hybrid funds -- -- -- -- -- -- -- -- -- 13

 14 LM564091303 Taxable bond funds -- -- -- -- -- -- -- -- -- 14

 15 LM564091203 Municipal bond funds -- -- -- -- -- -- -- -- -- 15

(1) Investments primarily in commodities, currencies, and futures.
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L.125 Government-Sponsored Enterprises (GSEs) (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL404090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL403020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FL403030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 3

 4 FL402050005 Federal funds and security repos -- -- -- -- -- -- -- -- -- 4

 5 LM404022005 Debt securities -- -- -- -- -- -- -- -- -- 5

 6 FL403069105 Open market paper -- -- -- -- -- -- -- -- -- 6

 7 LM403061105 Treasury securities -- -- -- -- -- -- -- -- -- 7

 8 LM403061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 8

 9 LM403062005 Municipal securities -- -- -- -- -- -- -- -- -- 9

 10 LM403063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 10

 11 FL404023005 Loans -- -- -- -- -- -- -- -- -- 11

 12 FL403069305 Other loans and advances -- -- -- -- -- -- -- -- -- 12

 13 FL403069385 Sallie Mae -- -- -- -- -- -- -- -- -- 13

 14 FL403069345 Farm Credit System -- -- -- -- -- -- -- -- -- 14

 15 FL403069330 FHLB -- -- -- -- -- -- -- -- -- 15

 16 FL403065005 Mortgages -- -- -- -- -- -- -- -- -- 16

 17 FL403065105 One-to-four-family residential -- -- -- -- -- -- -- -- -- 17

 18 FL403065195 Consolidated trusts (2) -- -- -- -- -- -- -- -- -- 18

 19 FL403065185 Other -- -- -- -- -- -- -- -- -- 19

 20 FL403065405 Multifamily residential -- -- -- -- -- -- -- -- -- 20

 21 FL403065495 Consolidated trusts (2) -- -- -- -- -- -- -- -- -- 21

 22 FL403065485 Other -- -- -- -- -- -- -- -- -- 22

 23 FL403065605 Farm -- -- -- -- -- -- -- -- -- 23

 24 FL403066005 Consumer credit -- -- -- -- -- -- -- -- -- 24

 25 FL403093005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 25

 26 FL404194005 Total liabilities and equity -- -- -- -- -- -- -- -- -- 26

 27 FL404190005 Total liabilities -- -- -- -- -- -- -- -- -- 27

 28 FL402150005 Federal funds and security repos -- -- -- -- -- -- -- -- -- 28

 29 FL403161705 Debt securities (GSE issues) (3) -- -- -- -- -- -- -- -- -- 29

 30 FL403161795 Consolidated trusts (2) -- -- -- -- -- -- -- -- -- 30

 31 FL403161785 Other -- -- -- -- -- -- -- -- -- 31

 32 FL403169283 Loans (U.S. government loans) -- -- -- -- -- -- -- -- -- 32

 33 FL403190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 33

 34 FL403181105 Total equity -- -- -- -- -- -- -- -- -- 34

 35 LM403164105 Corporate equities (market value) -- -- -- -- -- -- -- -- -- 35

 36 FL403192405 Equity in GSEs -- -- -- -- -- -- -- -- -- 36

(1) Federal Home Loan Banks, Fannie Mae, Freddie Mac, Farmer Mac, Farm Credit System, the Financing Corporation, and the Resolution Funding Corporation. The Student Loan Marketing Association

 (Sallie Mae) was included until it was fully privatized in 2004:Q4. Beginning 2010:Q1, almost all Fannie Mae and Freddie Mac mortgage pools (L.126) are consolidated on Fannie Mae’s and

 Freddie Mac’s balance sheets (L.125).

(2) Consolidated trusts refers to the unpaid balance of securitized mortgages Fannie Mae and Freddie Mac moved on to their balance sheets at the beginning of 2010 in response to new accounting rules.

(3) Such issues are classified as agency- and GSE-backed securities.

L.126 Agency- and GSE-Backed Mortgage Pools (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

 1 FL413065005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL413065105 One-to-four-family residential mortgages -- -- -- -- -- -- -- -- -- 2

 3 FL413065405 Multifamily residential mortgages -- -- -- -- -- -- -- -- -- 3

 4 FL413065505 Commercial mortgages -- -- -- -- -- -- -- -- -- 4

 5 FL413065605 Farm mortgages -- -- -- -- -- -- -- -- -- 5

 6 FL413065005 Total pool securities (liabilities) (2) -- -- -- -- -- -- -- -- -- 6

(1) Ginnie Mae, Fannie Mae, Freddie Mac, Farmer Mac, and Farmers Home Administration pools. Beginning 2010:Q1, almost all Fannie Mae and Freddie Mac mortgage pools (L.126) are consolidated

 on Fannie Mae’s and Freddie Mac’s balance sheets (table L.125). Also includes agency- and GSE-backed mortgage pool securities that are used as collateral for agency- and GSE-backed

 CMOs and privately issued CMOs. Excludes Federal Financing Bank holdings of pool securities, which are included with federal government mortgages and other loans and advances.

(2) Such issues are classified as agency- and GSE-backed securities.
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L.127 Issuers of Asset-Backed Securities (ABS)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL674090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL674022005 Debt securities -- -- -- -- -- -- -- -- -- 2

 3 FL673061103 Treasury securities -- -- -- -- -- -- -- -- -- 3

 4 FL673061703 Agency- and GSE-backed securities (1) -- -- -- -- -- -- -- -- -- 4

 5 FL674023005 Loans -- -- -- -- -- -- -- -- -- 5

 6 FL673069005 Other loans and advances (2) -- -- -- -- -- -- -- -- -- 6

 7 FL673065005 Mortgages (3) -- -- -- -- -- -- -- -- -- 7

 8 FL673065105 One-to-four-family residential -- -- -- -- -- -- -- -- -- 8

 9 FL673065405 Multifamily residential -- -- -- -- -- -- -- -- -- 9

 10 FL673065505 Commercial -- -- -- -- -- -- -- -- -- 10

 11 FL673066000 Consumer credit -- -- -- -- -- -- -- -- -- 11

 12 FL673070003 Trade credit -- -- -- -- -- -- -- -- -- 12

 13 FL673090543 Miscellaneous assets (funding agreements) (4) -- -- -- -- -- -- -- -- -- 13

 14 FL674122005 Total liabilities -- -- -- -- -- -- -- -- -- 14

 15 FL674122005 Debt securities -- -- -- -- -- -- -- -- -- 15

 16 FL673169105 Commercial paper -- -- -- -- -- -- -- -- -- 16

 17 FL673163005 Corporate bonds (net) (5) -- -- -- -- -- -- -- -- -- 17

 Memo:

 Securitized assets not included above

 18 FL675013263 Consumer leases (6) -- -- -- -- -- -- -- -- -- 18

 19 FL643065045 Mortgage REIT assets (7) -- -- -- -- -- -- -- -- -- 19

 Securitized liabilities not included above

 20 FL763169103 Commercial paper (8) -- -- -- -- -- -- -- -- -- 20

(1) Agency- and GSE-backed mortgage pool securities backing privately issued CMOs.

(2) Includes loans backing domestically-issued collateralized loan obligation (CLO) securities; loans backing U.S. CLO securities issued outside the U.S. are shown in line 15 of table L.133.

(3) Mortgages backing privately issued pool securities and privately issued CMOs.

(4) Funding agreements with life insurance companies.

(5) Liabilities net of assets.

(6) Receivables from operating leases, such as consumer automobile leases, are recorded as current income when payments are received and are not included in financial assets (or household liabilities).

 The leased automobile is a nonfinancial asset.

(7) Included on table L.129.

(8) Included on table L.111 line 47.
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L.128 Finance Companies (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL614090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL613020003 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FL613030003 Time and savings deposits -- -- -- -- -- -- -- -- -- 3

 4 LM613063003 Debt securities (corporate and foreign bonds) -- -- -- -- -- -- -- -- -- 4

 5 FL614023005 Loans -- -- -- -- -- -- -- -- -- 5

 6 FL613069505 Other loans and advances -- -- -- -- -- -- -- -- -- 6

 7 FL613065000 Mortgages -- -- -- -- -- -- -- -- -- 7

 8 FL613066005 Consumer credit -- -- -- -- -- -- -- -- -- 8

 9 LM613092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 9

 10 LM613092103 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 10

 11 FL613092403 Equity in FHLB -- -- -- -- -- -- -- -- -- 11

 12 FL613090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 12

 13 FL614194005 Total liabilities and equity -- -- -- -- -- -- -- -- -- 13

 14 FL614190005 Total liabilities -- -- -- -- -- -- -- -- -- 14

 15 FL614122005 Debt securities -- -- -- -- -- -- -- -- -- 15

 16 FL613169100 Open market paper -- -- -- -- -- -- -- -- -- 16

 17 FL613163005 Corporate bonds -- -- -- -- -- -- -- -- -- 17

 18 FL614123005 Loans -- -- -- -- -- -- -- -- -- 18

 19 FL613168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 19

 20 FL613169005 Other loans and advances -- -- -- -- -- -- -- -- -- 20

 21 LM613192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 21

 22 FL613178005 Taxes payable -- -- -- -- -- -- -- -- -- 22

 23 FL613190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 23

 24 FL613194703 Other investment by parent -- -- -- -- -- -- -- -- -- 24

 25 FL613193005 Other -- -- -- -- -- -- -- -- -- 25

 26 FL613192103 Total equity (foreign direct investment) -- -- -- -- -- -- -- -- -- 26

 Memo:

 27 FL613066303 Consumer leases not included above (2) -- -- -- -- -- -- -- -- -- 27

(1) Includes retail captive finance companies and mortgage companies.

(2) Receivables from operating leases, such as consumer automobile leases, are recorded as current income when payments are received and are not included in financial assets (or household liabilities).

 The leased automobile is a nonfinancial asset.
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L.129 Mortgage Real Estate Investment Trusts (Mortgage REITs) (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL644090075 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL643020073 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 LM644022075 Debt securities -- -- -- -- -- -- -- -- -- 3

 4 LM643061773 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 4

 5 LM643063073 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 5

 6 FL643065075 Loans (mortgages) -- -- -- -- -- -- -- -- -- 6

 7 FL643065173 One-to-four-family residential -- -- -- -- -- -- -- -- -- 7

 8 FL643065473 Multifamily residential -- -- -- -- -- -- -- -- -- 8

 9 FL643065573 Commercial -- -- -- -- -- -- -- -- -- 9

 10 FL643092473 Equity in FHLB -- -- -- -- -- -- -- -- -- 10

 11 FL643093075 Miscellaneous assets -- -- -- -- -- -- -- -- -- 11

 12 FL644194075 Total liabilities and equity -- -- -- -- -- -- -- -- -- 12

 13 FL644190075 Total liabilities -- -- -- -- -- -- -- -- -- 13

 14 FL642151073 Security repurchase agreements -- -- -- -- -- -- -- -- -- 14

 15 FL644122075 Debt securities -- -- -- -- -- -- -- -- -- 15

 16 FL643169173 Open market paper -- -- -- -- -- -- -- -- -- 16

 17 FL643163075 Corporate bonds -- -- -- -- -- -- -- -- -- 17

 18 FL644123075 Loans -- -- -- -- -- -- -- -- -- 18

 19 FL643168073 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 19

 20 FL643169373 Other loans and advances -- -- -- -- -- -- -- -- -- 20

 21 FL643193075 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 21

 22 LM643164105 Total equity (corporate equities) -- -- -- -- -- -- -- -- -- 22

 Memo:

 23 FL643065045 Securitized assets included above -- -- -- -- -- -- -- -- -- 23

 24 FL643061743 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 24

 25 FL643065163 One-to-four-family residential mortgages -- -- -- -- -- -- -- -- -- 25

 26 FL643065443 Multifamily residential mortgages -- -- -- -- -- -- -- -- -- 26

 27 FL643065543 Commercial mortgages -- -- -- -- -- -- -- -- -- 27

(1) Equity REITs which invest primarily in real estate are included in the nonfinancial corporate business sector F.103 and L.103.
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L.130 Security Brokers and Dealers

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL664090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL663020003 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FL662051003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 3

 4 LM664022005 Debt securities -- -- -- -- -- -- -- -- -- 4

 5 FL663069103 Open market paper -- -- -- -- -- -- -- -- -- 5

 6 LM663061105 Treasury securities -- -- -- -- -- -- -- -- -- 6

 7 LM663061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 7

 8 LM663062003 Municipal securities -- -- -- -- -- -- -- -- -- 8

 9 LM663063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 9

 10 FL663069005 Loans (other loans and advances) -- -- -- -- -- -- -- -- -- 10

 11 LM663092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 11

 12 LM663064103 Corporate equities -- -- -- -- -- -- -- -- -- 12

 13 LM663092103 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 13

 14 FL663090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 14

 15 FL663070605 Receivables due from other brokers and dealers -- -- -- -- -- -- -- -- -- 15

 16 FL663094705 Balances due from holding company parent -- -- -- -- -- -- -- -- -- 16

 17 FL663093005 Other -- -- -- -- -- -- -- -- -- 17

 18 FL664194005 Total liabilities and equity -- -- -- -- -- -- -- -- -- 18

 19 FL664190005 Total liabilities -- -- -- -- -- -- -- -- -- 19

 20 FL662151003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 20

 21 FL663163003 Debt securities (corporate bonds) -- -- -- -- -- -- -- -- -- 21

 22 FL664123005 Loans -- -- -- -- -- -- -- -- -- 22

 23 FL663168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 23

 24 FL663167005 Other loans and advances -- -- -- -- -- -- -- -- -- 24

 25 LM663192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 25

 26 FL663170003 Trade payables -- -- -- -- -- -- -- -- -- 26

 27 FL663178003 Taxes payable -- -- -- -- -- -- -- -- -- 27

 28 FL663190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 28

 29 FL663170605 Payables due to other brokers and dealers -- -- -- -- -- -- -- -- -- 29

 30 FL663194705 Other investment by parent companies -- -- -- -- -- -- -- -- -- 30

 31 FL663193005 Other -- -- -- -- -- -- -- -- -- 31

 32 FL663181105 Total equity -- -- -- -- -- -- -- -- -- 32

 33 LM663164105 Corporate equities (market value) -- -- -- -- -- -- -- -- -- 33

 34 LM663192103 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 34

 35 LM662090003 Equity in noncorporate business -- -- -- -- -- -- -- -- -- 35

 36 FL663194605 Equity investment by holding company parents -- -- -- -- -- -- -- -- -- 36

 37 FL663194505 Equity investment by other financial business -- -- -- -- -- -- -- -- -- 37
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L.131 Holding Companies (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL734090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL733091003 Foreign deposits -- -- -- -- -- -- -- -- -- 2

 3 FL733030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 3

 4 FL732051003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 4

 5 LM734022605 Debt securities -- -- -- -- -- -- -- -- -- 5

 6 LM733061103 Treasury securities -- -- -- -- -- -- -- -- -- 6

 7 LM733061703 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 7

 8 LM733063003 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 8

 9 FL733069005 Loans (other loans and advances) -- -- -- -- -- -- -- -- -- 9

 10 LM733092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 10

 11 LM733092103 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 11

 12 FL733094635 Equity investment in affiliates -- -- -- -- -- -- -- -- -- 12

 13 FL733040005 Life insurance reserves -- -- -- -- -- -- -- -- -- 13

 14 FL733090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 14

 15 FL733094735 Other investment in affiliates -- -- -- -- -- -- -- -- -- 15

 16 FL733093005 Other -- -- -- -- -- -- -- -- -- 16

 17 FL734194005 Total liabilities and equity -- -- -- -- -- -- -- -- -- 17

 18 FL734190005 Total liabilities -- -- -- -- -- -- -- -- -- 18

 19 FL732151003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 19

 20 FL734122005 Debt securities -- -- -- -- -- -- -- -- -- 20

 21 FL733169103 Commercial paper -- -- -- -- -- -- -- -- -- 21

 22 FL733163005 Corporate bonds -- -- -- -- -- -- -- -- -- 22

 23 LM733192305 Foreign direct investment: intercompany debt (2) -- -- -- -- -- -- -- -- -- 23

 24 FL733178013 Taxes payable -- -- -- -- -- -- -- -- -- 24

 25 FL733190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 25

 26 FL733194735 Balances due to affiliates -- -- -- -- -- -- -- -- -- 26

 27 FL733193005 Other -- -- -- -- -- -- -- -- -- 27

 28 LM733181105 Total equity -- -- -- -- -- -- -- -- -- 28

 29 LM733164105 Corporate equities (market value) -- -- -- -- -- -- -- -- -- 29

 30 LM733192103 Foreign direct investment: equity (2) -- -- -- -- -- -- -- -- -- 30

(1) Parent-only bank holding companies, savings and loan holding companies and security holding companies that file Federal Reserve Board form FR Y-9LP, FR Y-9SP, or FR 2320.

(2) Investment in U.S. Intermediate Holding Companies.
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L.132 Other Financial Business (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL504090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL503020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FL503034005 Money market fund shares -- -- -- -- -- -- -- -- -- 3

 4 FL502051005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 4

 5 FL504022005 Debt securities -- -- -- -- -- -- -- -- -- 5

 6 FL503069105 Open market paper -- -- -- -- -- -- -- -- -- 6

 7 FL503061123 Treasury securities -- -- -- -- -- -- -- -- -- 7

 8 FL503063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 8

 9 FL503062003 Municipal securities -- -- -- -- -- -- -- -- -- 9

 10 FL503069005 Loans (other loans and advances) -- -- -- -- -- -- -- -- -- 10

 11 FL503064105 Corporate equities -- -- -- -- -- -- -- -- -- 11

 12 FL503094505 Equity investment in affiliates -- -- -- -- -- -- -- -- -- 12

 13 FL503093023 Miscellaneous assets -- -- -- -- -- -- -- -- -- 13

 14 FL504194005 Total liabilities and equity -- -- -- -- -- -- -- -- -- 14

 15 FL504190005 Total liabilities -- -- -- -- -- -- -- -- -- 15

 16 FL504122005 Debt securities -- -- -- -- -- -- -- -- -- 16

 17 FL503169105 Open market paper -- -- -- -- -- -- -- -- -- 17

 18 FL503163003 Corporate bonds -- -- -- -- -- -- -- -- -- 18

 19 FL504123005 Loans -- -- -- -- -- -- -- -- -- 19

 20 FL713068505 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 20

 21 FL503169005 Other loans and advances -- -- -- -- -- -- -- -- -- 21

 22 FL503192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 22

 23 FL503190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 23

 24 FL663070675 Securities lending (net) -- -- -- -- -- -- -- -- -- 24

 25 FL503193005 Other -- -- -- -- -- -- -- -- -- 25

 26 FL503181105 Total equity -- -- -- -- -- -- -- -- -- 26

 27 LM503164105 Corporate equities (market value) -- -- -- -- -- -- -- -- -- 27

 28 LM503192103 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 28

 29 LM503194305 Equity interest under PPIP -- -- -- -- -- -- -- -- -- 29

 30 FL503194205 Equity in Federal Reserve facilities (2) -- -- -- -- -- -- -- -- -- 30

(1) Includes funding subsidiaries, custodial accounts for reinvested collateral of securities lending operations, funds associated with the Public-Private Investment Program (PPIP), Federal Reserve

 funding, credit, and liquidity facility special purpose vehicles (SPV) created in response to the 2008 Financial Crisis and COVID-19 pandemic, and U.S. central clearing parties.

(2) U.S. Treasury Exchange Stabilization Fund Economic Recovery Programs investment in Federal Reserve SPVs.
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L.133 Rest of the World

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL264090005 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 LM313111303 SDR allocations -- -- -- -- -- -- -- -- -- 2

 3 FL264016005 Net interbank assets -- -- -- -- -- -- -- -- -- 3

 4 FL263020005 U.S. checkable deposits and currency -- -- -- -- -- -- -- -- -- 4

 5 FL263030005 U.S. time deposits -- -- -- -- -- -- -- -- -- 5

 6 FL263034003 Money market fund shares -- -- -- -- -- -- -- -- -- 6

 7 FL262051005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 7

 8 LM264022005 Debt securities -- -- -- -- -- -- -- -- -- 8

 9 LM263069103 Open market paper -- -- -- -- -- -- -- -- -- 9

 10 LM263061105 Treasury securities -- -- -- -- -- -- -- -- -- 10

 11 LM263061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 11

 12 LM263062003 Municipal securities -- -- -- -- -- -- -- -- -- 12

 13 LM263063005 U.S. corporate bonds -- -- -- -- -- -- -- -- -- 13

 14 FL263069005 Other loans and advances -- -- -- -- -- -- -- -- -- 14

 15 FL263069563 Of which: loans held by CLOs (1) -- -- -- -- -- -- -- -- -- 15

 16 LM263092305 Foreign direct investment in U.S.: intercompany debt (2) -- -- -- -- -- -- -- -- -- 16

 17 LM263064105 U.S. corporate equities -- -- -- -- -- -- -- -- -- 17

 18 LM263092101 Foreign direct investment in U.S.: equity (2) -- -- -- -- -- -- -- -- -- 18

 19 LM263064203 Mutual fund shares -- -- -- -- -- -- -- -- -- 19

 20 FL543141905 Life insurance reserves -- -- -- -- -- -- -- -- -- 20

 21 FL543151905 Pension entitlements -- -- -- -- -- -- -- -- -- 21

 22 LM263070005 Trade receivables -- -- -- -- -- -- -- -- -- 22

 23 FL263090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 23

 24 FL263076005 Insurance receivables -- -- -- -- -- -- -- -- -- 24

 25 FL263094733 Balances due from U.S. holding companies -- -- -- -- -- -- -- -- -- 25

 26 FL264194005 Total liabilities and equity -- -- -- -- -- -- -- -- -- 26

 27 FL264190005 Total liabilities -- -- -- -- -- -- -- -- -- 27

 28 LM263111005 U.S. official reserve assets (3) -- -- -- -- -- -- -- -- -- 28

 29 LM263191005 U.S. private deposits -- -- -- -- -- -- -- -- -- 29

 30 FL262151003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 30

 31 LM264122005 Debt securities -- -- -- -- -- -- -- -- -- 31

 32 FL263169105 Commercial paper -- -- -- -- -- -- -- -- -- 32

 33 LM263163005 Bonds -- -- -- -- -- -- -- -- -- 33

 34 LM263163063 Of which: CLO securities (1) -- -- -- -- -- -- -- -- -- 34

 35 FL264123005 Loans -- -- -- -- -- -- -- -- -- 35

 36 FL263168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 36

 37 FL263169005 Other loans and advances -- -- -- -- -- -- -- -- -- 37

 38 LM263192305 U.S. direct investment abroad: debt (2) -- -- -- -- -- -- -- -- -- 38

 39 FL263140005 Life insurance reserves -- -- -- -- -- -- -- -- -- 39

 40 FL263150005 Pension entitlements -- -- -- -- -- -- -- -- -- 40

 41 LM263170005 Trade payables -- -- -- -- -- -- -- -- -- 41

 42 FL263190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 42

 43 FL263191103 Nonofficial foreign currencies -- -- -- -- -- -- -- -- -- 43

 44 FL263194735 Other investment by U.S. holding companies -- -- -- -- -- -- -- -- -- 44

 45 FL263195105 Accident and health insurance reserves -- -- -- -- -- -- -- -- -- 45

 46 FL263176005 Policy payables -- -- -- -- -- -- -- -- -- 46

 47 FL263181105 Total equity -- -- -- -- -- -- -- -- -- 47

 48 LM263164100 Foreign equities held by U.S. residents (4) -- -- -- -- -- -- -- -- -- 48

 49 LM263192101 U.S. direct investment abroad: equity (2) -- -- -- -- -- -- -- -- -- 49

 50 FL313092803 U.S. equity in IBRD, etc. -- -- -- -- -- -- -- -- -- 50

 Memo:

 Financial derivatives (5)

 51 FL263098013 Gross positive fair value -- -- -- -- -- -- -- -- -- 51

 52 FL263198013 Gross negative fair value -- -- -- -- -- -- -- -- -- 52

(1) Collateralized loan obligations.

(2) Direct investment reported at market value.

(3) Does not include monetary gold.

(4) Includes American Depositary Receipts (ADRs).

(5) Financial derivatives are not included above.
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L.200 U.S. Official Reserve Assets and SDR Allocations (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 LM893111005 Total liabilities -- -- -- -- -- -- -- -- -- 1

 2 LM313111303 Federal government: SDR allocations -- -- -- -- -- -- -- -- -- 2

 3 LM263111005 Rest of the world -- -- -- -- -- -- -- -- -- 3

 4 LM313011303 SDR holdings -- -- -- -- -- -- -- -- -- 4

 5 LM263111403 Reserve position in IMF -- -- -- -- -- -- -- -- -- 5

 6 LM263111503 Other reserves -- -- -- -- -- -- -- -- -- 6

 7 FL893011005 Total assets -- -- -- -- -- -- -- -- -- 7

 8 FL313011005 Federal government -- -- -- -- -- -- -- -- -- 8

 9 FL313011205 Monetary gold (2) -- -- -- -- -- -- -- -- -- 9

 10 LM313011303 SDR holdings -- -- -- -- -- -- -- -- -- 10

 11 LM313011405 Reserve position in IMF -- -- -- -- -- -- -- -- -- 11

 12 LM313011505 Other reserves -- -- -- -- -- -- -- -- -- 12

 13 LM313111303 Rest of the world: SDR allocations -- -- -- -- -- -- -- -- -- 13

 14 FL713011005 Monetary authority -- -- -- -- -- -- -- -- -- 14

 15 FL713011203 Monetary gold (2) -- -- -- -- -- -- -- -- -- 15

 16 FL713011405 Reserve position in IMF -- -- -- -- -- -- -- -- -- 16

 17 LM713011505 Other reserves -- -- -- -- -- -- -- -- -- 17

 18 FL903011005 Discrepancy: monetary gold -- -- -- -- -- -- -- -- -- 18

(1) Includes federal government liability to IMF for special drawing rights (SDRs) allocations and accrued interest.

(2) By international accounting standards, monetary gold is a financial asset for which there is no corresponding liability.

L.201 Special Drawing Rights (SDRs) Certificates and Treasury Currency

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

 SDR certificates:

 1 FL713014003 Liab.: Federal government -- -- -- -- -- -- -- -- -- 1

 2 FL713014003 Asset: Monetary authority -- -- -- -- -- -- -- -- -- 2

 Treasury currency:

 3 FL313112003 Liab.: Federal government -- -- -- -- -- -- -- -- -- 3

 4 FL713012003 Asset: Monetary authority -- -- -- -- -- -- -- -- -- 4

 5 FL903012005 Discrepancy (seigniorage) -- -- -- -- -- -- -- -- -- 5

L.202 U.S. Deposits in Foreign Countries

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

 1 LM263191005 Total rest of the world liability -- -- -- -- -- -- -- -- -- 1

 Held by:

 2 LM153091003 Household sector -- -- -- -- -- -- -- -- -- 2

 3 FL103091003 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 3

 4 FL633091003 Money market funds -- -- -- -- -- -- -- -- -- 4

 5 FL733091003 Holding companies -- -- -- -- -- -- -- -- -- 5

 6 FL903091005 Discrepancy--unallocated assets -- -- -- -- -- -- -- -- -- 6
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L.203 Net Interbank Transactions

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL794110005 Total liabilities -- -- -- -- -- -- -- -- -- 1

 2 FL714110005 Monetary authority -- -- -- -- -- -- -- -- -- 2

 3 FL764110005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 3

 4 FL754110005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 4

 5 FL744110005 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 5

 6 FL474110005 Credit unions -- -- -- -- -- -- -- -- -- 6

 7 FL894010005 Total assets -- -- -- -- -- -- -- -- -- 7

 8 FL714010005 Monetary authority -- -- -- -- -- -- -- -- -- 8

 9 FL763020005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 9

 10 FL753020005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 10

 11 FL743013003 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 11

 12 FL473013005 Credit unions -- -- -- -- -- -- -- -- -- 12

 13 FL264016005 Rest of the world -- -- -- -- -- -- -- -- -- 13

 14 FL904010005 Discrepancy -- -- -- -- -- -- -- -- -- 14

 Memo:

 Vault cash:

 15 FL703025005 Liab.: Monetary authority -- -- -- -- -- -- -- -- -- 15

 16 FL763025000 Asset: U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 16

 17 FL753025003 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 17

 Depository institution reserves:

 18 FL713113003 Liab.: Monetary authority -- -- -- -- -- -- -- -- -- 18

 19 FL763013005 Asset: U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 19

 20 FL753013003 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 20

 21 FL743013003 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 21

 22 FL473013005 Credit unions -- -- -- -- -- -- -- -- -- 22

 Other transactions with the monetary authority

 23 FL714010075 Liab.: U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 23

 24 FL713068743 Credit unions -- -- -- -- -- -- -- -- -- 24

 25 FL714010005 Asset: Monetary authority -- -- -- -- -- -- -- -- -- 25

 26 FL713022003 Federal Reserve float -- -- -- -- -- -- -- -- -- 26

 27 FL713068705 Loans to depository institutions -- -- -- -- -- -- -- -- -- 27

 Transactions with banks in foreign countries (net):

 28 FL764116205 Liab.: U.S.-chartered depository institutions (net) -- -- -- -- -- -- -- -- -- 28

 29 FL763192605 Due to foreign affiliates -- -- -- -- -- -- -- -- -- 29

 30 FL763092605 - Due from foreign affiliates -- -- -- -- -- -- -- -- -- 30

 31 FL754116205 Foreign banking offices in U.S. (net) -- -- -- -- -- -- -- -- -- 31

 32 FL753192605 Due to foreign affiliates -- -- -- -- -- -- -- -- -- 32

 33 FL753092605 - Due from foreign affiliates -- -- -- -- -- -- -- -- -- 33

 34 FL264116205 Less: Deposits at foreign banks -- -- -- -- -- -- -- -- -- 34

 35 FL764016205 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 35

 36 FL754016205 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 36

 37 FL264135125 Loans to foreign banks -- -- -- -- -- -- -- -- -- 37

 38 FL764035125 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 38

 39 FL754035125 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 39

 40 FL264035125 Plus: Loans from foreign banks -- -- -- -- -- -- -- -- -- 40

 41 FL274135123 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 41

 42 FL284135125 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 42

 43 FL264016005 Asset: Rest of the world (1) -- -- -- -- -- -- -- -- -- 43

 Transactions between U.S. depository institutions (net):

 44 FL764112005 U.S.-chartered depository institutions (net) -- -- -- -- -- -- -- -- -- 44

 45 FL764112205 Due to: (3) -- -- -- -- -- -- -- -- -- 45

 46 FL754012205 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 46

 47 FL743020005 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 47

 48 FL474012205 Credit unions -- -- -- -- -- -- -- -- -- 48

 49 FL754112205 - Due from: Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 49

 50 FL904010005 Unallocated (2) -- -- -- -- -- -- -- -- -- 50

(1) Sum of lines 28 and 31 less line 34 and line 37 plus line 40.

(2) Interbank transactions between U.S. banks should net to zero and thus are not shown in lines 1 through 13 above. However, the unallocated amount (line 50), which is due to inconsistencies

 in source data, appears on line 14 as the discrepancy between liabilities and assets.

(3) Sum of lines 46, 47, 48, and 50.
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L.204 Checkable Deposits and Currency

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL793120005 Total liabilities -- -- -- -- -- -- -- -- -- 1

 2 FL713120005 Monetary authority -- -- -- -- -- -- -- -- -- 2

 3 FL713123005 Federal government cash and deposits -- -- -- -- -- -- -- -- -- 3

 4 FL713124005 Due to government-sponsored enterprises -- -- -- -- -- -- -- -- -- 4

 5 FL713129005 Due to other financial business -- -- -- -- -- -- -- -- -- 5

 6 FL713122605 Deposits due to foreign -- -- -- -- -- -- -- -- -- 6

 7 FL713125005 Currency outside banks -- -- -- -- -- -- -- -- -- 7

 8 FL763127005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 8

 9 FL763123005 Federal government deposits -- -- -- -- -- -- -- -- -- 9

 10 FL763128000 State and local government deposits -- -- -- -- -- -- -- -- -- 10

 11 FL763122605 Deposits due to foreign -- -- -- -- -- -- -- -- -- 11

 12 FL763129205 Private domestic deposits -- -- -- -- -- -- -- -- -- 12

 13 FL753127005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 13

 14 FL753122603 Deposits due to foreign -- -- -- -- -- -- -- -- -- 14

 15 FL753129205 Private domestic deposits -- -- -- -- -- -- -- -- -- 15

 16 FL743127003 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 16

 17 FL473127003 Credit unions -- -- -- -- -- -- -- -- -- 17

 18 FL793120005 Total assets -- -- -- -- -- -- -- -- -- 18

 19 FL153020005 Household sector -- -- -- -- -- -- -- -- -- 19

 20 FL143020005 Nonfinancial business -- -- -- -- -- -- -- -- -- 20

 21 FL103020005 Corporate -- -- -- -- -- -- -- -- -- 21

 22 FL113020005 Noncorporate -- -- -- -- -- -- -- -- -- 22

 23 FL313020005 Federal government -- -- -- -- -- -- -- -- -- 23

 24 FL213020005 State and local governments -- -- -- -- -- -- -- -- -- 24

 25 FL793020005 Domestic financial sectors -- -- -- -- -- -- -- -- -- 25

 26 FL513020005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 26

 27 FL543020005 Life insurance companies -- -- -- -- -- -- -- -- -- 27

 28 FL573020005 Private pension funds -- -- -- -- -- -- -- -- -- 28

 29 FL343020033 Federal government retirement funds -- -- -- -- -- -- -- -- -- 29

 30 FL223020043 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 30

 31 FL403020005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 31

 32 FL613020003 Finance companies -- -- -- -- -- -- -- -- -- 32

 33 FL643020073 Mortgage REITs -- -- -- -- -- -- -- -- -- 33

 34 FL663020003 Brokers and dealers -- -- -- -- -- -- -- -- -- 34

 35 FL503020005 Other financial business -- -- -- -- -- -- -- -- -- 35

 36 FL263020005 Rest of the world -- -- -- -- -- -- -- -- -- 36

 37 FL263027003 Checkable deposits -- -- -- -- -- -- -- -- -- 37

 38 FL263025003 Currency -- -- -- -- -- -- -- -- -- 38

 39 FL903020005 Mail float -- -- -- -- -- -- -- -- -- 39
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L.205 Time and Savings Deposits

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL703130005 Total liabilities -- -- -- -- -- -- -- -- -- 1

 2 FL763130005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 2

 3 FL753130005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 3

 4 FL743130003 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 4

 5 FL473130005 Credit unions -- -- -- -- -- -- -- -- -- 5

 6 FL703130005 Total assets -- -- -- -- -- -- -- -- -- 6

 7 FL153030005 Household sector -- -- -- -- -- -- -- -- -- 7

 8 FL143030005 Nonfinancial business -- -- -- -- -- -- -- -- -- 8

 9 FL103030003 Corporate -- -- -- -- -- -- -- -- -- 9

 10 FL113030003 Noncorporate -- -- -- -- -- -- -- -- -- 10

 11 FL313030003 Federal government -- -- -- -- -- -- -- -- -- 11

 12 FL213030000 State and local governments -- -- -- -- -- -- -- -- -- 12

 13 FL793030005 Domestic financial sectors -- -- -- -- -- -- -- -- -- 13

 14 FL573030005 Private pension funds -- -- -- -- -- -- -- -- -- 14

 15 FL223030043 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 15

 16 FL633030000 Money market funds -- -- -- -- -- -- -- -- -- 16

 17 FL403030005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 17

 18 FL613030003 Finance companies -- -- -- -- -- -- -- -- -- 18

 19 FL733030005 Holding companies -- -- -- -- -- -- -- -- -- 19

 20 FL263030005 Rest of the world -- -- -- -- -- -- -- -- -- 20

L.206 Money Market Fund Shares

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

 1 FL634090005 Total assets -- -- -- -- -- -- -- -- -- 1

 2 FL153034005 Household sector -- -- -- -- -- -- -- -- -- 2

 3 FL103034000 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 3

 4 FL113034003 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 4

 5 FL213034003 State and local governments -- -- -- -- -- -- -- -- -- 5

 6 FL513034005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 6

 7 FL543034005 Life insurance companies -- -- -- -- -- -- -- -- -- 7

 8 FL573034005 Private pension funds -- -- -- -- -- -- -- -- -- 8

 9 FL223034005 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 9

 10 FL653034003 Mutual Funds -- -- -- -- -- -- -- -- -- 10

 11 FL563034003 Exchange-traded funds -- -- -- -- -- -- -- -- -- 11

 12 FL503034005 Other financial business -- -- -- -- -- -- -- -- -- 12

 13 FL263034003 Rest of the world -- -- -- -- -- -- -- -- -- 13
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L.207 Federal Funds and Security Repurchase Agreements (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL892150005 Total liabilities -- -- -- -- -- -- -- -- -- 1

 2 FL712151003 Monetary authority -- -- -- -- -- -- -- -- -- 2

 3 FL762150005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 3

 4 FL762152005 Federal funds (2) -- -- -- -- -- -- -- -- -- 4

 5 FL762151005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 5

 6 FL752150005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 6

 7 FL752152005 Federal funds (2) -- -- -- -- -- -- -- -- -- 7

 8 FL752151005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 8

 9 FL472150053 Credit unions -- -- -- -- -- -- -- -- -- 9

 10 FL512151003 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 10

 11 FL542151073 Life insurance companies -- -- -- -- -- -- -- -- -- 11

 12 FL402150005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 12

 13 FL642151073 Mortgage REITs -- -- -- -- -- -- -- -- -- 13

 14 FL662151003 Brokers and dealers -- -- -- -- -- -- -- -- -- 14

 15 FL732151003 Holding companies -- -- -- -- -- -- -- -- -- 15

 16 FL262151003 Rest of the world -- -- -- -- -- -- -- -- -- 16

 17 FL892050005 Total assets -- -- -- -- -- -- -- -- -- 17

 18 FL102051003 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 18

 19 FL212051003 State and local governments -- -- -- -- -- -- -- -- -- 19

 20 FL712051000 Monetary authority -- -- -- -- -- -- -- -- -- 20

 21 FL762050005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 21

 22 FL762052005 Federal funds (2) -- -- -- -- -- -- -- -- -- 22

 23 FL762051005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 23

 24 FL752050005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 24

 25 FL752052005 Federal funds (2) -- -- -- -- -- -- -- -- -- 25

 26 FL752051005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 26

 27 FL472050053 Credit unions -- -- -- -- -- -- -- -- -- 27

 28 FL472052053 Federal funds -- -- -- -- -- -- -- -- -- 28

 29 FL472051053 Security repurchase agreements -- -- -- -- -- -- -- -- -- 29

 30 FL512051005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 30

 31 FL542051075 Life insurance companies -- -- -- -- -- -- -- -- -- 31

 32 FL572051005 Private pension funds -- -- -- -- -- -- -- -- -- 32

 33 FL222051043 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 33

 34 FL632051000 Money market funds -- -- -- -- -- -- -- -- -- 34

 35 FL652051003 Mutual funds (net) -- -- -- -- -- -- -- -- -- 35

 36 FL402050005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 36

 37 FL402052033 Of which: FHLB federal funds (3) -- -- -- -- -- -- -- -- -- 37

 38 FL662051003 Brokers and dealers -- -- -- -- -- -- -- -- -- 38

 39 FL732051003 Holding companies -- -- -- -- -- -- -- -- -- 39

 40 FL502051005 Other financial business -- -- -- -- -- -- -- -- -- 40

 41 FL262051005 Rest of the world -- -- -- -- -- -- -- -- -- 41

 42 FL902050005 Discrepancy -- -- -- -- -- -- -- -- -- 42

 Memo:

 43 FL072052006 Effective federal funds rate (percent) (4) -- -- -- -- -- -- -- -- -- 43

 Federal Reserve’s reverse repurchase agreement operations:

 44 FL712151103 Liability: Monetary authority (5) -- -- -- -- -- -- -- -- -- 44

 45 FL632051103 Asset: Money market funds (6) -- -- -- -- -- -- -- -- -- 45

 46 FL792051115 Other financial institutions (7) -- -- -- -- -- -- -- -- -- 46

(1) Detailed data on federal funds and security repurchase agreements are available beginning 2012:Q1 for U.S.-chartered depository institutions, 2003:Q1 for foreign banking offices in U.S.,

 1997:Q1 for credit unions, and 2000:Q1 for FHLB.

(2) Excludes term federal funds.

(3) Includes term federal funds.

(4) The effective federal funds rate is a weighted average of rates on brokered trades. Annualized using a 360-day year.

(5) Included in line 2.

(6) Included in line 34.

(7) Includes banks (consolidated), government-sponsored enterprises, and primary dealers.
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L.208 Debt Securities (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 By instrument

 1 FL894122005 Total debt securities -- -- -- -- -- -- -- -- -- 1

 2 FL893169175 Open market paper -- -- -- -- -- -- -- -- -- 2

 3 FL313161105 Treasury securities -- -- -- -- -- -- -- -- -- 3

 4 FL893161705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 4

 5 FL383162005 Municipal securities -- -- -- -- -- -- -- -- -- 5

 6 FL893163005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 6

 By sector

 7 FL894122005 Total liabilities -- -- -- -- -- -- -- -- -- 7

 8 FL384122005 Domestic nonfinancial sectors -- -- -- -- -- -- -- -- -- 8

 9 FL163162003 Nonprofit organizations (2) -- -- -- -- -- -- -- -- -- 9

 10 FL104122005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 10

 11 FL314122005 Federal government -- -- -- -- -- -- -- -- -- 11

 12 FL213162005 State and local governments -- -- -- -- -- -- -- -- -- 12

 13 FL794122005 Domestic financial sectors -- -- -- -- -- -- -- -- -- 13

 14 FL764122005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 14

 15 FL753169175 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 15

 16 FL403161705 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 16

 17 FL413065005 Agency- and GSE-backed mortgage pools -- -- -- -- -- -- -- -- -- 17

 18 FL674122005 ABS issuers -- -- -- -- -- -- -- -- -- 18

 19 FL614122005 Finance companies -- -- -- -- -- -- -- -- -- 19

 20 FL644122075 Mortgage REITs -- -- -- -- -- -- -- -- -- 20

 21 FL663163003 Brokers and dealers -- -- -- -- -- -- -- -- -- 21

 22 FL734122005 Holding companies -- -- -- -- -- -- -- -- -- 22

 23 FL504122005 Other financial business -- -- -- -- -- -- -- -- -- 23

 24 LM264122005 Rest of the world -- -- -- -- -- -- -- -- -- 24

 25 FL894022005 Total assets -- -- -- -- -- -- -- -- -- 25

 26 FL384022005 Domestic nonfinancial sectors -- -- -- -- -- -- -- -- -- 26

 27 LM154022005 Household sector -- -- -- -- -- -- -- -- -- 27

 28 LM104022005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 28

 29 LM114022005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 29

 30 FL314022005 Federal government -- -- -- -- -- -- -- -- -- 30

 31 LM214022005 State and local governments -- -- -- -- -- -- -- -- -- 31

 32 FL794022005 Domestic financial sectors -- -- -- -- -- -- -- -- -- 32

 33 LM714022005 Monetary authority -- -- -- -- -- -- -- -- -- 33

 34 LM764022005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 34

 35 LM754022005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 35

 36 LM744022003 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 36

 37 LM474022005 Credit unions -- -- -- -- -- -- -- -- -- 37

 38 LM514022005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 38

 39 LM544022005 Life insurance companies -- -- -- -- -- -- -- -- -- 39

 40 LM574022005 Private pension funds -- -- -- -- -- -- -- -- -- 40

 41 LM344022005 Federal government retirement funds -- -- -- -- -- -- -- -- -- 41

 42 LM224022045 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 42

 43 FL634022005 Money market funds -- -- -- -- -- -- -- -- -- 43

 44 LM654022005 Mutual funds -- -- -- -- -- -- -- -- -- 44

 45 LM554022005 Closed-end funds -- -- -- -- -- -- -- -- -- 45

 46 LM564022005 Exchange-traded funds -- -- -- -- -- -- -- -- -- 46

 47 LM404022005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 47

 48 FL674022005 ABS issuers -- -- -- -- -- -- -- -- -- 48

 49 LM613063003 Finance companies -- -- -- -- -- -- -- -- -- 49

 50 LM644022075 Mortgage REITs -- -- -- -- -- -- -- -- -- 50

 51 LM664022005 Brokers and dealers -- -- -- -- -- -- -- -- -- 51

 52 LM734022605 Holding companies -- -- -- -- -- -- -- -- -- 52

 53 FL504022005 Other financial business -- -- -- -- -- -- -- -- -- 53

 54 LM264022005 Rest of the world -- -- -- -- -- -- -- -- -- 54

 55 LM904022005 Discrepancy (3) -- -- -- -- -- -- -- -- -- 55

(1) Sum of open market paper, Treasury securities, agency- and GSE-backed securities, municipal securities, and corporate and foreign bonds.

(2) Liability of the households and nonprofit organizations sector (tables L.101 and B.101).

(3) The accumulated valuation difference between issuance and holdings.
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L.209 Open Market Paper

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL893169175 Total liabilities -- -- -- -- -- -- -- -- -- 1

 2 FL893169105 Commercial paper -- -- -- -- -- -- -- -- -- 2

 3 FL103169100 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 3

 4 FL263169105 Foreign issues in U.S. -- -- -- -- -- -- -- -- -- 4

 5 FL263169110 Nonfinancial -- -- -- -- -- -- -- -- -- 5

 6 FL263169123 Financial -- -- -- -- -- -- -- -- -- 6

 7 FL793169100 Financial business -- -- -- -- -- -- -- -- -- 7

 8 FL763169103 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 8

 9 FL753169103 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 9

 10 FL673169105 ABS issuers -- -- -- -- -- -- -- -- -- 10

 11 FL613169100 Finance companies -- -- -- -- -- -- -- -- -- 11

 12 FL643169173 Mortgage REITs -- -- -- -- -- -- -- -- -- 12

 13 FL733169103 Holding companies -- -- -- -- -- -- -- -- -- 13

 14 FL503169105 Other financial business -- -- -- -- -- -- -- -- -- 14

 15 FL703169605 Bankers’ acceptances (1) -- -- -- -- -- -- -- -- -- 15

 16 FL763169603 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 16

 17 FL753169603 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 17

 18 FL893169175 Total assets -- -- -- -- -- -- -- -- -- 18

 19 FL103069100 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 19

 20 FL213069103 State and local governments -- -- -- -- -- -- -- -- -- 20

 21 FL713069603 Monetary authority -- -- -- -- -- -- -- -- -- 21

 22 FL763069175 U.S.-chartered depository institutions (1) -- -- -- -- -- -- -- -- -- 22

 23 FL753069603 Foreign banking offices in U.S. (1) -- -- -- -- -- -- -- -- -- 23

 24 FL473069153 Credit unions -- -- -- -- -- -- -- -- -- 24

 25 FL513069105 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 25

 26 FL543069105 Life insurance companies -- -- -- -- -- -- -- -- -- 26

 27 FL573069105 Private pension funds -- -- -- -- -- -- -- -- -- 27

 28 FL223069143 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 28

 29 FL633069175 Money market funds -- -- -- -- -- -- -- -- -- 29

 30 FL653069100 Mutual funds -- -- -- -- -- -- -- -- -- 30

 31 FL403069105 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 31

 32 FL663069103 Brokers and dealers -- -- -- -- -- -- -- -- -- 32

 33 FL503069105 Other financial business -- -- -- -- -- -- -- -- -- 33

 34 LM263069103 Rest of the world -- -- -- -- -- -- -- -- -- 34

(1) Excludes banks’ holdings of own acceptances.
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L.210 Treasury Securities (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL313161105 Total liabilities -- -- -- -- -- -- -- -- -- 1

 2 FL313161110 Treasury bills -- -- -- -- -- -- -- -- -- 2

 3 FL313161275 Other Treasury notes, bonds, and TIPS (2) -- -- -- -- -- -- -- -- -- 3

 4 FL893061105 Total assets -- -- -- -- -- -- -- -- -- 4

 5 LM153061105 Household sector -- -- -- -- -- -- -- -- -- 5

 6 LM103061103 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 6

 7 LM113061003 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 7

 8 LM213061103 State and local governments -- -- -- -- -- -- -- -- -- 8

 9 LM713061103 Monetary authority -- -- -- -- -- -- -- -- -- 9

 10 LM713061113 Treasury bills -- -- -- -- -- -- -- -- -- 10

 11 LM713061125 Other Treasury securities -- -- -- -- -- -- -- -- -- 11

 12 LM763061100 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 12

 13 LM753061103 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 13

 14 LM743061103 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 14

 15 LM473061105 Credit unions -- -- -- -- -- -- -- -- -- 15

 16 LM513061105 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 16

 17 LM513061115 Treasury bills -- -- -- -- -- -- -- -- -- 17

 18 LM513061125 Other Treasury securities -- -- -- -- -- -- -- -- -- 18

 19 LM543061105 Life insurance companies -- -- -- -- -- -- -- -- -- 19

 20 LM543061115 Treasury bills -- -- -- -- -- -- -- -- -- 20

 21 LM543061125 Other Treasury securities -- -- -- -- -- -- -- -- -- 21

 22 LM573061105 Private pension funds -- -- -- -- -- -- -- -- -- 22

 23 LM573061143 Defined benefit plans -- -- -- -- -- -- -- -- -- 23

 24 LM573061133 Defined contribution plans -- -- -- -- -- -- -- -- -- 24

 25 LM343061105 Federal government retirement funds -- -- -- -- -- -- -- -- -- 25

 26 LM343061165 Defined benefit plans -- -- -- -- -- -- -- -- -- 26

 27 LM343061113 Defined contribution plans -- -- -- -- -- -- -- -- -- 27

 28 LM223061143 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 28

 29 FL633061105 Money market funds -- -- -- -- -- -- -- -- -- 29

 30 FL633061110 Treasury bills -- -- -- -- -- -- -- -- -- 30

 31 FL633061120 Other Treasury securities -- -- -- -- -- -- -- -- -- 31

 32 LM653061105 Mutual funds -- -- -- -- -- -- -- -- -- 32

 33 LM653061113 Treasury bills -- -- -- -- -- -- -- -- -- 33

 34 LM653061125 Other Treasury securities -- -- -- -- -- -- -- -- -- 34

 35 LM553061103 Closed-end funds -- -- -- -- -- -- -- -- -- 35

 36 LM563061103 Exchange-traded funds -- -- -- -- -- -- -- -- -- 36

 37 LM403061105 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 37

 38 FL673061103 ABS issuers -- -- -- -- -- -- -- -- -- 38

 39 LM663061105 Brokers and dealers -- -- -- -- -- -- -- -- -- 39

 40 LM733061103 Holding companies -- -- -- -- -- -- -- -- -- 40

 41 FL503061123 Other financial business -- -- -- -- -- -- -- -- -- 41

 42 LM263061105 Rest of the world -- -- -- -- -- -- -- -- -- 42

 43 LM263061110 Treasury bills -- -- -- -- -- -- -- -- -- 43

 44 LM263061120 Other Treasury securities -- -- -- -- -- -- -- -- -- 44

 45 LM903061103 Discrepancy (3) -- -- -- -- -- -- -- -- -- 45

 Memo:

 46 FL313169205 Nonmarketable Treasury securities (4) -- -- -- -- -- -- -- -- -- 46

(1) Marketable Treasury securities (net of premiums and discounts) issued by the federal government and held by sectors other than the federal government.

(2) Inlcudes long-term marketable securities issued to the Civil Service Retirement Fund by the Federal Financing Bank.

(3) The accumulated valuation difference between issuance and holdings.

(4) Nonmarketable Treasury securities are classified as other loans and advances because they are not negotiable and are therefore not considered debt securities.
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L.211 Agency- and GSE-Backed Securities (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL893161705 Total liabilities -- -- -- -- -- -- -- -- -- 1

 2 FL313161705 Budget agencies -- -- -- -- -- -- -- -- -- 2

 3 FL403161705 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 3

 4 FL413065005 Agency- and GSE-backed mortgage pools -- -- -- -- -- -- -- -- -- 4

 5 FL893061705 Total assets -- -- -- -- -- -- -- -- -- 5

 6 LM153061705 Household sector -- -- -- -- -- -- -- -- -- 6

 7 LM103061703 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 7

 8 FL313061703 Federal government -- -- -- -- -- -- -- -- -- 8

 9 LM213061703 State and local governments -- -- -- -- -- -- -- -- -- 9

 10 LM713061705 Monetary authority -- -- -- -- -- -- -- -- -- 10

 11 LM763061705 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 11

 12 LM753061703 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 12

 13 LM743061703 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 13

 14 LM473061705 Credit unions -- -- -- -- -- -- -- -- -- 14

 15 LM513061705 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 15

 16 LM543061705 Life insurance companies -- -- -- -- -- -- -- -- -- 16

 17 LM573061705 Private pension funds -- -- -- -- -- -- -- -- -- 17

 18 LM343061705 Federal government retirement funds -- -- -- -- -- -- -- -- -- 18

 19 LM223061743 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 19

 20 FL633061700 Money market funds -- -- -- -- -- -- -- -- -- 20

 21 LM653061703 Mutual funds -- -- -- -- -- -- -- -- -- 21

 22 LM403061705 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 22

 23 FL673061703 ABS issuers -- -- -- -- -- -- -- -- -- 23

 24 LM643061773 Mortgage REITs -- -- -- -- -- -- -- -- -- 24

 25 LM663061705 Brokers and dealers -- -- -- -- -- -- -- -- -- 25

 26 LM733061703 Holding companies -- -- -- -- -- -- -- -- -- 26

 27 LM263061705 Rest of the world -- -- -- -- -- -- -- -- -- 27

 28 LM903061703 Discrepancy (2) -- -- -- -- -- -- -- -- -- 28

(1) Agency- and GSE-backed securities include: issues of federal budget agencies (line 2) such as those for the TVA; issues of government sponsored enterprises (line 3) such as Fannie Mae and FHLB;

 and agency- and GSE-backed mortgage pool securities issued by Ginnie Mae, Fannie Mae, Freddie Mac, and the Farmers Home Administration (line 4). Only the budget agency issues are

 considered officially to be part of the total debt of the federal government, which is shown on table L.106, line 25.

(2) The accumulated valuation difference between issuance and holdings.
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Z.1, June 7, 2024 121

L.212 Municipal Securities

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL383162005 Total liabilities -- -- -- -- -- -- -- -- -- 1

 2 FL213162005 State and local governments -- -- -- -- -- -- -- -- -- 2

 3 FL213162400 Short-term (1) -- -- -- -- -- -- -- -- -- 3

 4 FL213162200 Long-term -- -- -- -- -- -- -- -- -- 4

 5 FL163162003 Nonprofit organizations (2) -- -- -- -- -- -- -- -- -- 5

 6 FL103162000 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 6

 (industrial revenue bonds)

 7 FL893062005 Total assets -- -- -- -- -- -- -- -- -- 7

 8 LM153062005 Household sector -- -- -- -- -- -- -- -- -- 8

 9 LM103062003 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 9

 10 LM113062003 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 10

 11 LM213062003 State and local governments -- -- -- -- -- -- -- -- -- 11

 12 LM763062000 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 12

 13 LM753062003 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 13

 14 LM743062003 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 14

 15 LM473062005 Credit unions -- -- -- -- -- -- -- -- -- 15

 16 LM513062005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 16

 17 LM543062005 Life insurance companies -- -- -- -- -- -- -- -- -- 17

 18 LM343062033 Federal government retirement funds -- -- -- -- -- -- -- -- -- 18

 19 LM223062043 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 19

 20 FL633062000 Money market funds -- -- -- -- -- -- -- -- -- 20

 21 LM653062003 Mutual funds -- -- -- -- -- -- -- -- -- 21

 22 LM553062003 Closed-end funds -- -- -- -- -- -- -- -- -- 22

 23 LM563062003 Exchange-traded funds -- -- -- -- -- -- -- -- -- 23

 24 LM403062005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 24

 25 LM663062003 Brokers and dealers -- -- -- -- -- -- -- -- -- 25

 26 FL503062003 Other financial business -- -- -- -- -- -- -- -- -- 26

 27 LM263062003 Rest of the world -- -- -- -- -- -- -- -- -- 27

 28 LM903062003 Discrepancy (3) -- -- -- -- -- -- -- -- -- 28

(1) Debt with original maturity of 13 months or less.

(2) Liability of the households and nonprofit organizations sector (tables L.101 and B.101).

(3) The accumulated valuation difference between issuance and holdings.
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L.213 Corporate and Foreign Bonds

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL893163005 Total liabilities -- -- -- -- -- -- -- -- -- 1

 2 FL103163005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 2

 3 FL793163005 Domestic financial sectors -- -- -- -- -- -- -- -- -- 3

 4 FL763163005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 4

 5 FL673163005 ABS issuers (net) (1) -- -- -- -- -- -- -- -- -- 5

 6 FL613163005 Finance companies -- -- -- -- -- -- -- -- -- 6

 7 FL643163075 Mortgage REITs -- -- -- -- -- -- -- -- -- 7

 8 FL663163003 Brokers and dealers -- -- -- -- -- -- -- -- -- 8

 9 FL733163005 Holding companies -- -- -- -- -- -- -- -- -- 9

 10 FL503163003 Other financial business -- -- -- -- -- -- -- -- -- 10

 11 LM263163005 Rest of the world (2) -- -- -- -- -- -- -- -- -- 11

 12 FL893063005 Total assets (3) -- -- -- -- -- -- -- -- -- 12

 13 LM153063005 Household sector -- -- -- -- -- -- -- -- -- 13

 14 LM123063003 Nonfinancial corporate business (equity REITs) -- -- -- -- -- -- -- -- -- 14

 15 FL313063763 Federal government -- -- -- -- -- -- -- -- -- 15

 16 LM213063003 State and local governments -- -- -- -- -- -- -- -- -- 16

 17 LM763063005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 17

 18 LM763063605 MBS and other ABS -- -- -- -- -- -- -- -- -- 18

 19 LM763063095 Other -- -- -- -- -- -- -- -- -- 19

 20 LM753063005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 20

 21 LM743063005 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 21

 22 LM473063005 Credit unions -- -- -- -- -- -- -- -- -- 22

 23 LM473063605 MBS and other ABS -- -- -- -- -- -- -- -- -- 23

 24 LM473063095 Other -- -- -- -- -- -- -- -- -- 24

 25 LM513063005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 25

 26 LM513063605 MBS and other ABS -- -- -- -- -- -- -- -- -- 26

 27 LM513063095 Other -- -- -- -- -- -- -- -- -- 27

 28 LM543063005 Life insurance companies -- -- -- -- -- -- -- -- -- 28

 29 LM543063675 MBS and other ABS -- -- -- -- -- -- -- -- -- 29

 30 LM543063095 Other -- -- -- -- -- -- -- -- -- 30

 31 LM573063005 Private pension funds -- -- -- -- -- -- -- -- -- 31

 32 LM343063005 Federal government retirement funds -- -- -- -- -- -- -- -- -- 32

 33 LM223063045 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 33

 34 FL633063005 Money market funds -- -- -- -- -- -- -- -- -- 34

 35 LM653063005 Mutual funds -- -- -- -- -- -- -- -- -- 35

 36 LM553063003 Closed-end funds -- -- -- -- -- -- -- -- -- 36

 37 LM563063003 Exchange-traded funds -- -- -- -- -- -- -- -- -- 37

 38 LM403063005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 38

 39 LM403063605 MBS and other ABS -- -- -- -- -- -- -- -- -- 39

 40 LM403063095 Other -- -- -- -- -- -- -- -- -- 40

 41 LM613063003 Finance companies -- -- -- -- -- -- -- -- -- 41

 42 LM643063073 Mortgage REITs -- -- -- -- -- -- -- -- -- 42

 43 LM663063005 Brokers and dealers -- -- -- -- -- -- -- -- -- 43

 44 LM733063003 Holding companies -- -- -- -- -- -- -- -- -- 44

 45 FL503063005 Other financial business -- -- -- -- -- -- -- -- -- 45

 46 LM263063005 Rest of the world (4) -- -- -- -- -- -- -- -- -- 46

 47 LM263063603 MBS and other ABS -- -- -- -- -- -- -- -- -- 47

 48 LM263063095 Other -- -- -- -- -- -- -- -- -- 48

 49 LM903063003 Discrepancy (5) -- -- -- -- -- -- -- -- -- 49

(1) Liabilities net of assets.

(2) Holdings of foreign issues by U.S. residents.

(3) For some sectors, holdings of MBS and other ABS are shown separately. MBS and other ABS include privately issued mortgage-backed securities and other privately issued asset-backed bonds.

(4) Holdings of U.S. issues by foreign residents.

(5) The accumulated valuation difference between issuance and holdings.
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L.214 Loans (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 By instrument

 1 FL894123005 Total loans -- -- -- -- -- -- -- -- -- 1

 2 FL793068005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 2

 3 FL893169005 Other loans and advances -- -- -- -- -- -- -- -- -- 3

 4 FL893065005 Mortgages -- -- -- -- -- -- -- -- -- 4

 5 FL893065105 One-to-four-family residential -- -- -- -- -- -- -- -- -- 5

 6 FL893065405 Multifamily residential -- -- -- -- -- -- -- -- -- 6

 7 FL893065505 Commercial -- -- -- -- -- -- -- -- -- 7

 8 FL893065603 Farm -- -- -- -- -- -- -- -- -- 8

 9 FL153166000 Consumer credit -- -- -- -- -- -- -- -- -- 9

 By sector

 10 FL894123005 Total liabilities -- -- -- -- -- -- -- -- -- 10

 11 FL384123005 Domestic nonfinancial sectors -- -- -- -- -- -- -- -- -- 11

 12 FL154123005 Household sector -- -- -- -- -- -- -- -- -- 12

 13 FL104123005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 13

 14 FL114123005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 14

 15 FL314123005 Federal government -- -- -- -- -- -- -- -- -- 15

 16 FL213169203 State and local governments -- -- -- -- -- -- -- -- -- 16

 17 FL794123005 Domestic financial sectors -- -- -- -- -- -- -- -- -- 17

 18 FL763169305 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 18

 19 FL473169333 Credit unions -- -- -- -- -- -- -- -- -- 19

 20 FL513169333 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 20

 21 FL543169373 Life insurance companies -- -- -- -- -- -- -- -- -- 21

 22 FL403169283 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 22

 23 FL614123005 Finance companies -- -- -- -- -- -- -- -- -- 23

 24 FL644123075 Mortgage REITs -- -- -- -- -- -- -- -- -- 24

 25 FL664123005 Brokers and dealers -- -- -- -- -- -- -- -- -- 25

 26 FL504123005 Other financial business -- -- -- -- -- -- -- -- -- 26

 27 FL264123005 Rest of the world -- -- -- -- -- -- -- -- -- 27

 28 FL894123005 Total assets -- -- -- -- -- -- -- -- -- 28

 29 FL384023005 Domestic nonfinancial sectors -- -- -- -- -- -- -- -- -- 29

 30 FL154023005 Household sector -- -- -- -- -- -- -- -- -- 30

 31 FL104023005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 31

 32 FL114023005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 32

 33 FL314023005 Federal government -- -- -- -- -- -- -- -- -- 33

 34 FL214023005 State and local governments -- -- -- -- -- -- -- -- -- 34

 35 FL794023005 Domestic financial sectors -- -- -- -- -- -- -- -- -- 35

 36 FL713068005 Monetary authority -- -- -- -- -- -- -- -- -- 36

 37 FL764023005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 37

 38 FL754023005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 38

 39 FL744023003 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 39

 40 FL474023000 Credit unions -- -- -- -- -- -- -- -- -- 40

 41 FL513065505 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 41

 42 FL544023005 Life insurance companies -- -- -- -- -- -- -- -- -- 42

 43 FL573065005 Private pension funds -- -- -- -- -- -- -- -- -- 43

 44 FL343069005 Federal government retirement funds -- -- -- -- -- -- -- -- -- 44

 45 FL223065043 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 45

 46 FL653069803 Mutual funds -- -- -- -- -- -- -- -- -- 46

 47 FL404023005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 47

 48 FL413065005 Agency- and GSE-backed mortgage pools -- -- -- -- -- -- -- -- -- 48

 49 FL674023005 ABS issuers -- -- -- -- -- -- -- -- -- 49

 50 FL614023005 Finance companies -- -- -- -- -- -- -- -- -- 50

 51 FL643065075 Mortgage REITs -- -- -- -- -- -- -- -- -- 51

 52 FL663069005 Brokers and dealers -- -- -- -- -- -- -- -- -- 52

 53 FL733069005 Holding companies -- -- -- -- -- -- -- -- -- 53

 54 FL503069005 Other financial business -- -- -- -- -- -- -- -- -- 54

 55 FL263069005 Rest of the world -- -- -- -- -- -- -- -- -- 55

(1) Sum of depository institution loans not elsewhere classified, other loans and advances, total mortgages, and consumer credit.
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L.215 Depository Institution Loans Not Elsewhere Classified (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL793068005 Total liabilities -- -- -- -- -- -- -- -- -- 1

 2 FL153168005 Household sector -- -- -- -- -- -- -- -- -- 2

 3 FL103168005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 3

 4 FL113168005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 4

 5 FL793168005 Domestic financial sectors -- -- -- -- -- -- -- -- -- 5

 6 FL613168005 Finance companies -- -- -- -- -- -- -- -- -- 6

 7 FL643168073 Mortgage REITs -- -- -- -- -- -- -- -- -- 7

 8 FL663168005 Brokers and dealers -- -- -- -- -- -- -- -- -- 8

 9 FL713068505 Other financial business (2) -- -- -- -- -- -- -- -- -- 9

 10 FL263168005 Rest of the world -- -- -- -- -- -- -- -- -- 10

 11 FL263168465 Foreign official institutions -- -- -- -- -- -- -- -- -- 11

 12 FL263168485 Foreign nonfinancial corporations -- -- -- -- -- -- -- -- -- 12

 13 FL263168495 Foreign nondepository financial institutions -- -- -- -- -- -- -- -- -- 13

 14 FL793068005 Total assets -- -- -- -- -- -- -- -- -- 14

 15 FL713068005 Monetary authority (3) -- -- -- -- -- -- -- -- -- 15

 16 FL763068005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 16

 17 FL753068005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 17

 18 FL743068005 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 18

 19 FL473068005 Credit unions -- -- -- -- -- -- -- -- -- 19

(1) Excludes depository institution lending in the form of open market paper, mortgages, and consumer credit which are shown on other instrument tables.

(2) Loans from Federal Reserve banks to Federal Reserve funding, credit, and liquidity facility special purpose vehicles.

(3) Loans from Federal Reserve banks to the household, broker and dealer, finance companies, and other financial business sectors.
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L.216 Other Loans and Advances (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL893169005 Total other loans and advances -- -- -- -- -- -- -- -- -- 1

 2 FL163069005 Nonprofit organization loans -- -- -- -- -- -- -- -- -- 2

 3 FL153169055 Liab.: Household sector -- -- -- -- -- -- -- -- -- 3

 4 FL163069043 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 4

 5 FL313069205 Federal government loans -- -- -- -- -- -- -- -- -- 5

 6 FL153169203 Liab.: Household sector -- -- -- -- -- -- -- -- -- 6

 7 FL103169205 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 7

 8 FL113169205 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 8

 9 FL213169203 State and local governments -- -- -- -- -- -- -- -- -- 9

 10 FL403169283 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 10

 11 FL313069223 Finance companies -- -- -- -- -- -- -- -- -- 11

 12 FL503169205 Other financial business -- -- -- -- -- -- -- -- -- 12

 13 FL263169203 Rest of the world -- -- -- -- -- -- -- -- -- 13

 14 FL153169405 Policy loans (Household liability) -- -- -- -- -- -- -- -- -- 14

 15 FL313069403 Asset: Federal government -- -- -- -- -- -- -- -- -- 15

 16 FL543069405 Life insurance companies -- -- -- -- -- -- -- -- -- 16

 17 FL313169005 Nonmarketable Treasury securities classified as loans (2) -- -- -- -- -- -- -- -- -- 17

 18 FL153069205 Asset: Household sector -- -- -- -- -- -- -- -- -- 18

 19 FL213069200 State and local governments -- -- -- -- -- -- -- -- -- 19

 20 FL343069055 Federal govt. defined contribution pension plans (2) -- -- -- -- -- -- -- -- -- 20

 21 FL343069245 Federal govt. defined benefit pension plans -- -- -- -- -- -- -- -- -- 21

 22 FL503069203 Other financial business -- -- -- -- -- -- -- -- -- 22

 23 FL403069330 Federal Home Loan Banks advances -- -- -- -- -- -- -- -- -- 23

 24 FL763169335 Liab.: U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 24

 25 FL473169333 Credit unions -- -- -- -- -- -- -- -- -- 25

 26 FL513169333 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 26

 27 FL543169373 Life insurance companies -- -- -- -- -- -- -- -- -- 27

 28 FL613169333 Finance companies -- -- -- -- -- -- -- -- -- 28

 29 FL643169373 Mortgage REITs -- -- -- -- -- -- -- -- -- 29

 30 FL403069395 Government-sponsored enterprise (GSE) loans -- -- -- -- -- -- -- -- -- 30

 31 FL153169305 Liab.: Household sector (SLMA) -- -- -- -- -- -- -- -- -- 31

 32 FL183169303 Nonfinancial corporate business (FCS) -- -- -- -- -- -- -- -- -- 32

 33 FL113169305 Nonfinancial noncorporate business (FCS) -- -- -- -- -- -- -- -- -- 33

 34 FL763169383 U.S.-chartered depository inst. (SLMA) -- -- -- -- -- -- -- -- -- 34

 35 FL663067005 Margin accounts at brokers and dealers -- -- -- -- -- -- -- -- -- 35

 36 FL663067003 Liab.: Household sector -- -- -- -- -- -- -- -- -- 36

 37 FL663067063 Brokers and dealers -- -- -- -- -- -- -- -- -- 37

 38 FL663167015 Cash accounts at brokers and dealers -- -- -- -- -- -- -- -- -- 38

 39 FL153067005 Asset: Household sector -- -- -- -- -- -- -- -- -- 39

 40 FL263067005 Rest of the World (net) -- -- -- -- -- -- -- -- -- 40

 41 FL503169023 Clearing funds at other financial business -- -- -- -- -- -- -- -- -- 41

 42 FL763069023 Asset: U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 42

 43 FL663069025 Brokers and dealers -- -- -- -- -- -- -- -- -- 43

 44 FL503069025 Other financial business -- -- -- -- -- -- -- -- -- 44

 45 FL103169803 Loans to nonfinancial corporate business -- -- -- -- -- -- -- -- -- 45

 46 FL153069803 Asset: Household sector -- -- -- -- -- -- -- -- -- 46

 47 FL543069873 Life insurance companies -- -- -- -- -- -- -- -- -- 47

 48 FL653069803 Mutual funds -- -- -- -- -- -- -- -- -- 48

 49 FL673069803 ABS issuers -- -- -- -- -- -- -- -- -- 49

 50 FL663069803 Brokers and dealers -- -- -- -- -- -- -- -- -- 50

 51 FL503069805 Other financial business -- -- -- -- -- -- -- -- -- 51

 52 FL673069505 Securitized loans held by ABS issuers -- -- -- -- -- -- -- -- -- 52

 53 FL673069505 Liab.: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 53

 54 FL613069505 Finance company loans to business -- -- -- -- -- -- -- -- -- 54

 55 FL103169535 Liab.: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 55

 56 FL113169535 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 56

 57 FL733069005 Holding company loans -- -- -- -- -- -- -- -- -- 57

 58 FL733069013 Liab.: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 58

 59 FL733069023 Rest of the world -- -- -- -- -- -- -- -- -- 59

 60 FL503069075 Other financial business loans -- -- -- -- -- -- -- -- -- 60

 61 FL503069003 Liab.: Household sector (TALF II) -- -- -- -- -- -- -- -- -- 61

 62 FL503069013 Nonfinancial corporate business (MSLF) -- -- -- -- -- -- -- -- -- 62

 63 FL503069023 Nonfinancial noncorporate business (MSLF) -- -- -- -- -- -- -- -- -- 63

 64 FL503069033 Nonprofit organizations (MSLF) -- -- -- -- -- -- -- -- -- 64

 65 FL263069500 Foreign loans to U.S. corporate business -- -- -- -- -- -- -- -- -- 65

 66 FL263069500 Liab.: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 66

(1) Detailed information on the various categories of other loans and advances is available in the online Financial Accounts Guide table description: https://www.federalreserve.gov/apps/fof/FOFTables.aspx.

(2) Includes suspended reinvestments of nonmarketable Treasury securities in the Thrift Savings Plan G Fund.
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L.217 Total Mortgages (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL893065005 Total mortgages -- -- -- -- -- -- -- -- -- 1

 2 FL893065105 One-to-four-family residential -- -- -- -- -- -- -- -- -- 2

 3 FL893065405 Multifamily residential -- -- -- -- -- -- -- -- -- 3

 4 FL893065505 Commercial -- -- -- -- -- -- -- -- -- 4

 5 FL893065603 Farm -- -- -- -- -- -- -- -- -- 5

 6 FL893065005 Total liabilities -- -- -- -- -- -- -- -- -- 6

 7 FL153165005 Household sector -- -- -- -- -- -- -- -- -- 7

 8 FL143165005 Nonfinancial business -- -- -- -- -- -- -- -- -- 8

 9 FL103165005 Corporate -- -- -- -- -- -- -- -- -- 9

 10 FL113165005 Noncorporate -- -- -- -- -- -- -- -- -- 10

 11 FL313165403 Federal government -- -- -- -- -- -- -- -- -- 11

 12 FL893065005 Total assets -- -- -- -- -- -- -- -- -- 12

 13 FL153065005 Household sector -- -- -- -- -- -- -- -- -- 13

 14 FL103065005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 14

 15 FL113065005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 15

 16 FL313065005 Federal government -- -- -- -- -- -- -- -- -- 16

 17 FL313065015 Ginnie Mae -- -- -- -- -- -- -- -- -- 17

 18 FL313065075 Farmers Home Administration (FmHA) (2) -- -- -- -- -- -- -- -- -- 18

 19 FL313065035 Federal Housing Administration (FHA) -- -- -- -- -- -- -- -- -- 19

 20 FL313065095 Other (3) -- -- -- -- -- -- -- -- -- 20

 21 FL213065005 State and local governments -- -- -- -- -- -- -- -- -- 21

 22 FL703065005 Private depository institutions -- -- -- -- -- -- -- -- -- 22

 23 FL763065005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 23

 24 FL753065005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 24

 25 FL743065003 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 25

 26 FL473065100 Credit unions -- -- -- -- -- -- -- -- -- 26

 27 FL513065505 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 27

 28 FL543065005 Life insurance companies -- -- -- -- -- -- -- -- -- 28

 29 FL573065005 Private pension funds -- -- -- -- -- -- -- -- -- 29

 30 FL223065043 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 30

 31 FL403065005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 31

 32 FL403065015 Fannie Mae -- -- -- -- -- -- -- -- -- 32

 33 FL403065025 Freddie Mac -- -- -- -- -- -- -- -- -- 33

 34 FL403065045 Farm Credit System -- -- -- -- -- -- -- -- -- 34

 35 FL403065035 FHLB -- -- -- -- -- -- -- -- -- 35

 36 FL403065653 Farmer Mac -- -- -- -- -- -- -- -- -- 36

 37 FL413065005 Agency- and GSE-backed mortgage pools -- -- -- -- -- -- -- -- -- 37

 38 FL413065015 Ginnie Mae -- -- -- -- -- -- -- -- -- 38

 39 FL413065025 Freddie Mac -- -- -- -- -- -- -- -- -- 39

 40 FL413065045 Fannie Mae -- -- -- -- -- -- -- -- -- 40

 41 FL413065653 Farmer Mac -- -- -- -- -- -- -- -- -- 41

 42 FL413065035 Farmers Home Administration (FmHA) (2) -- -- -- -- -- -- -- -- -- 42

 43 FL673065005 ABS issuers -- -- -- -- -- -- -- -- -- 43

 44 FL613065000 Finance companies -- -- -- -- -- -- -- -- -- 44

 45 FL643065075 Mortgage REITs -- -- -- -- -- -- -- -- -- 45

(1) Sum of one-to-four-family residential mortgages (table L.218), multifamily residential mortgages (table L.219), commercial mortgages (table L.220), and farm mortgages (table L.221).

(2) FmHA-guaranteed securities sold to the Federal Financing Bank were reallocated from FmHA mortgage pools to FmHA mortgage holdings in 1986:Q4 because of accounting changes by

 the Farmers Home Administration.

(3) Other includes Department of Veterans Affairs, Federal Financing Bank, Public Housing Administration, and Resolution Trust Corporation.
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L.218 One-to-four-family Residential Mortgages (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL893065105 Total liabilities -- -- -- -- -- -- -- -- -- 1

 2 FL153165105 Household sector -- -- -- -- -- -- -- -- -- 2

 3 FL103165105 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 3

 4 FL113165105 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 4

 5 FL893065105 Total assets -- -- -- -- -- -- -- -- -- 5

 6 FL153065103 Household sector -- -- -- -- -- -- -- -- -- 6

 7 FL103065105 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 7

 8 FL113065103 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 8

 9 FL313065105 Federal government -- -- -- -- -- -- -- -- -- 9

 10 FL213065103 State and local governments -- -- -- -- -- -- -- -- -- 10

 11 FL763065105 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 11

 12 FL753065103 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 12

 13 FL743065103 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 13

 14 FL473065100 Credit unions -- -- -- -- -- -- -- -- -- 14

 15 FL543065105 Life insurance companies -- -- -- -- -- -- -- -- -- 15

 16 FL573065103 Private pension funds -- -- -- -- -- -- -- -- -- 16

 17 FL223065143 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 17

 18 FL403065105 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 18

 19 FL413065105 Agency- and GSE-backed mortgage pools -- -- -- -- -- -- -- -- -- 19

 20 FL673065105 ABS issuers -- -- -- -- -- -- -- -- -- 20

 21 FL613065105 Finance companies -- -- -- -- -- -- -- -- -- 21

 22 FL643065173 Mortgage REITs -- -- -- -- -- -- -- -- -- 22

 Memo:

 23 FL893065125 Home equity loans included above (2) -- -- -- -- -- -- -- -- -- 23

 24 FL763065125 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 24

 25 FL753065203 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 25

 26 FL473065125 Credit unions -- -- -- -- -- -- -- -- -- 26

 27 FL673065123 ABS issuers -- -- -- -- -- -- -- -- -- 27

 28 FL613065123 Finance companies -- -- -- -- -- -- -- -- -- 28

(1) Mortgages on 1-4 family properties including mortgages on farm houses.

(2) Loans made under home equity lines of credit and home equity loans secured by junior liens. Excludes home equity loans held by individuals.

L.219 Multifamily Residential Mortgages

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

 1 FL893065405 Total liabilities -- -- -- -- -- -- -- -- -- 1

 2 FL103165405 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 2

 3 FL113165405 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 3

 4 FL313165403 Federal government -- -- -- -- -- -- -- -- -- 4

 5 FL893065405 Total assets -- -- -- -- -- -- -- -- -- 5

 6 FL153065403 Household sector -- -- -- -- -- -- -- -- -- 6

 7 FL103065405 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 7

 8 FL113065403 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 8

 9 FL313065405 Federal government -- -- -- -- -- -- -- -- -- 9

 10 FL213065403 State and local governments -- -- -- -- -- -- -- -- -- 10

 11 FL763065405 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 11

 12 FL753065403 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 12

 13 FL543065405 Life insurance companies -- -- -- -- -- -- -- -- -- 13

 14 FL573065403 Private pension funds -- -- -- -- -- -- -- -- -- 14

 15 FL223065443 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 15

 16 FL403065405 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 16

 17 FL413065405 Agency- and GSE-backed mortgage pools -- -- -- -- -- -- -- -- -- 17

 18 FL673065405 ABS issuers -- -- -- -- -- -- -- -- -- 18

 19 FL613065403 Finance companies -- -- -- -- -- -- -- -- -- 19

 20 FL643065473 Mortgage REITs -- -- -- -- -- -- -- -- -- 20
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L.220 Commercial Mortgages

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL893065505 Total liabilities -- -- -- -- -- -- -- -- -- 1

 2 FL163165505 Nonprofit organizations (1) -- -- -- -- -- -- -- -- -- 2

 3 FL103165505 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 3

 4 FL113165505 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 4

 5 FL893065505 Total assets -- -- -- -- -- -- -- -- -- 5

 6 FL153065505 Household sector -- -- -- -- -- -- -- -- -- 6

 7 FL103065505 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 7

 8 FL113065503 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 8

 9 FL313065505 Federal government -- -- -- -- -- -- -- -- -- 9

 10 FL213065503 State and local governments -- -- -- -- -- -- -- -- -- 10

 11 FL763065505 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 11

 12 FL753065503 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 12

 13 FL743065505 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 13

 14 FL513065505 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 14

 15 FL543065505 Life insurance companies -- -- -- -- -- -- -- -- -- 15

 16 FL573065505 Private pension funds -- -- -- -- -- -- -- -- -- 16

 17 FL223065545 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 17

 18 FL413065505 Agency- and GSE-backed mortgage pools -- -- -- -- -- -- -- -- -- 18

 19 FL673065505 ABS issuers -- -- -- -- -- -- -- -- -- 19

 20 FL613065503 Finance companies -- -- -- -- -- -- -- -- -- 20

 21 FL643065573 Mortgage REITs -- -- -- -- -- -- -- -- -- 21

(1) Liability of the households and nonprofit organizations sector (tables L.101 and B.101).

L.221 Farm Mortgages (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

 1 FL893065603 Total liabilities -- -- -- -- -- -- -- -- -- 1

 2 FL183165603 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 2

 3 FL233165605 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 3

 4 FL893065603 Total assets -- -- -- -- -- -- -- -- -- 4

 5 FL153065605 Household sector -- -- -- -- -- -- -- -- -- 5

 6 FL113065603 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 6

 7 FL313065605 Federal government -- -- -- -- -- -- -- -- -- 7

 8 FL213065603 State and local governments -- -- -- -- -- -- -- -- -- 8

 9 FL763065633 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 9

 10 FL753065603 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 10

 11 FL543065633 Life insurance companies -- -- -- -- -- -- -- -- -- 11

 12 FL223065643 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 12

 13 FL403065605 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 13

 14 FL413065605 Agency- and GSE-backed mortgage pools -- -- -- -- -- -- -- -- -- 14

(1) Excludes mortgages on farm houses.
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L.222 Consumer Credit

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL153166000 Total liabilities (Households) -- -- -- -- -- -- -- -- -- 1

 2 FL153166000 Total assets -- -- -- -- -- -- -- -- -- 2

 3 FL163066223 Nonprofit organizations (1) -- -- -- -- -- -- -- -- -- 3

 4 FL103066005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 4

 5 FL113066003 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 5

 6 FL313066220 Federal government (2) -- -- -- -- -- -- -- -- -- 6

 7 FL763066000 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 7

 8 FL473066000 Credit unions -- -- -- -- -- -- -- -- -- 8

 9 FL403066005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 9

 10 FL673066000 ABS issuers -- -- -- -- -- -- -- -- -- 10

 11 FL613066005 Finance companies -- -- -- -- -- -- -- -- -- 11

 Memo:

 12 FL153166100 Credit card loans (3) -- -- -- -- -- -- -- -- -- 12

 13 FL153166400 Auto loans -- -- -- -- -- -- -- -- -- 13

 14 FL153166220 Student loans (4) -- -- -- -- -- -- -- -- -- 14

 15 FL153166205 Other consumer credit (5) -- -- -- -- -- -- -- -- -- 15

(1) Student loans originated under the Federal Family Education Loan Program. Asset of the households and nonprofit organizations sector (tables L.101 and B.101).

(2) Includes loans originated by the Department of Education under the Federal Direct Loan Program and Perkins Loans, as well as Federal Family Education Loan Program

 loans that the government purchased from depository institutions, finance companies, and nonprofit and educational institutions, and loans in default.

(3) Revolving credit that also includes overdraft plans on checking accounts and other loans without a fixed repayment schedule.

(4) Includes student loans held by nonprofit organizations (line 3), the federal government (line 6), depository institutions (part of lines 7 and 8), and

 finance companies (part of line 11). Data begin in 2006:Q1.

(5) Includes student loans before 2006:Q1.

L.223 Direct Investment Intercompany Debt

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

 U.S. direct investment abroad: Intercompany Debt

 1 LM263192305 Liab.: Rest of the world (1) -- -- -- -- -- -- -- -- -- 1

 2 LM263192313 U.S. parents’ claims -- -- -- -- -- -- -- -- -- 2

 3 LM263092313 Less: U.S. parents’ liabilities -- -- -- -- -- -- -- -- -- 3

 4 LM103092305 Asset: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 4

 5 LM763092305 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 5

 6 LM513092305 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 6

 7 LM543092375 Life insurance companies -- -- -- -- -- -- -- -- -- 7

 8 LM613092305 Finance companies -- -- -- -- -- -- -- -- -- 8

 9 LM663092305 Brokers and dealers -- -- -- -- -- -- -- -- -- 9

 10 LM733092305 Holding companies -- -- -- -- -- -- -- -- -- 10

 Foreign direct investment in U.S.: Intercompany debt

 11 LM103192305 Liab.: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 11

 12 LM115114305 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 12

 13 LM753192305 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 13

 14 LM513192305 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 14

 15 LM543192375 Life insurance companies -- -- -- -- -- -- -- -- -- 15

 16 LM613192305 Finance companies -- -- -- -- -- -- -- -- -- 16

 17 LM663192305 Brokers and dealers -- -- -- -- -- -- -- -- -- 17

 18 LM733192305 Holding companies -- -- -- -- -- -- -- -- -- 18

 19 LM503192305 Other financial business -- -- -- -- -- -- -- -- -- 19

 20 LM263092305 Asset: Rest of the world (1) -- -- -- -- -- -- -- -- -- 20

 21 LM263092323 U.S. affiliates’ liabilities -- -- -- -- -- -- -- -- -- 21

 22 LM263192323 Less: U.S. affiliates’ claims -- -- -- -- -- -- -- -- -- 22

 Memo:

 23 LM263192005 Total U.S. direct investment abroad (1, 2) -- -- -- -- -- -- -- -- -- 23

 24 LM263092001 Total Foreign direct investment in U.S. (1, 2) -- -- -- -- -- -- -- -- -- 24

(1) Direct investment is presented on a directional basis and reported at market value.

(2) Memo totals are the sum of direct investment equity (tables F.225.a and L.225.a) and intercompany debt (tables F.223 and L.223).
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L.224 Corporate Equities (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 LM893064105 Issues at market value -- -- -- -- -- -- -- -- -- 1

 2 LM103164105 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 2

 3 LM103164115 Publicly traded -- -- -- -- -- -- -- -- -- 3

 4 LM103164125 Closely held -- -- -- -- -- -- -- -- -- 4

 5 LM793164105 Financial corporations -- -- -- -- -- -- -- -- -- 5

 6 LM763164105 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 6

 7 LM763164113 Publicly traded (2) -- -- -- -- -- -- -- -- -- 7

 8 LM763164123 Closely held -- -- -- -- -- -- -- -- -- 8

 9 LM513164105 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 9

 10 LM513164113 Publicly traded -- -- -- -- -- -- -- -- -- 10

 11 LM513164123 Closely held -- -- -- -- -- -- -- -- -- 11

 12 LM543164175 Life insurance companies -- -- -- -- -- -- -- -- -- 12

 13 LM543164113 Publicly traded -- -- -- -- -- -- -- -- -- 13

 14 LM543164123 Closely held -- -- -- -- -- -- -- -- -- 14

 15 LM554090005 Closed-end funds -- -- -- -- -- -- -- -- -- 15

 16 LM564090005 Exchange-traded funds -- -- -- -- -- -- -- -- -- 16

 17 LM403164105 Government-sponsored enterprises (2) -- -- -- -- -- -- -- -- -- 17

 18 LM643164105 Mortgage REITs -- -- -- -- -- -- -- -- -- 18

 19 LM643164113 Publicly traded -- -- -- -- -- -- -- -- -- 19

 20 LM643164123 Closely held -- -- -- -- -- -- -- -- -- 20

 21 LM663164105 Brokers and dealers -- -- -- -- -- -- -- -- -- 21

 22 LM663164113 Publicly traded -- -- -- -- -- -- -- -- -- 22

 23 LM663164123 Closely held -- -- -- -- -- -- -- -- -- 23

 24 LM733164105 Holding companies -- -- -- -- -- -- -- -- -- 24

 25 LM733164113 Publicly traded (2) -- -- -- -- -- -- -- -- -- 25

 26 LM733164123 Closely held -- -- -- -- -- -- -- -- -- 26

 27 LM503164105 Other financial business -- -- -- -- -- -- -- -- -- 27

 28 LM503164115 Publicly traded (2) -- -- -- -- -- -- -- -- -- 28

 29 LM503164125 Closely held -- -- -- -- -- -- -- -- -- 29

 30 LM263164100 Rest of the world (3) -- -- -- -- -- -- -- -- -- 30

 31 LM893064105 Holdings at market value -- -- -- -- -- -- -- -- -- 31

 32 LM153064105 Household sector -- -- -- -- -- -- -- -- -- 32

 33 LM103064103 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 33

 34 LM313064105 Federal government -- -- -- -- -- -- -- -- -- 34

 35 LM213064103 State and local governments -- -- -- -- -- -- -- -- -- 35

 36 FL713064103 Monetary authority -- -- -- -- -- -- -- -- -- 36

 37 LM763064103 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 37

 38 FL753064103 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 38

 39 LM513064105 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 39

 40 LM543064105 Life insurance companies -- -- -- -- -- -- -- -- -- 40

 41 LM573064105 Private pension funds -- -- -- -- -- -- -- -- -- 41

 42 LM343064105 Federal government retirement funds -- -- -- -- -- -- -- -- -- 42

 43 LM223064145 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 43

 44 LM653064100 Mutual funds -- -- -- -- -- -- -- -- -- 44

 45 LM553064103 Closed-end funds -- -- -- -- -- -- -- -- -- 45

 46 LM563064100 Exchange-traded funds -- -- -- -- -- -- -- -- -- 46

 47 LM663064103 Brokers and dealers -- -- -- -- -- -- -- -- -- 47

 48 FL503064105 Other financial business -- -- -- -- -- -- -- -- -- 48

 49 LM263064105 Rest of the world (4) -- -- -- -- -- -- -- -- -- 49

 Memo:

 50 LM883164115 Publicly traded equity at market value (5) -- -- -- -- -- -- -- -- -- 50

 51 LM883164123 Closely held equity at market value (6) -- -- -- -- -- -- -- -- -- 51

 52 LM883164133 S corporations -- -- -- -- -- -- -- -- -- 52

 53 LM883164135 C corporations -- -- -- -- -- -- -- -- -- 53

 54 PC073164013 Percent change in Dow Jones U.S. Total Market Index -- -- -- -- -- -- -- -- -- 54

(1) Includes shares of exchange-traded funds, closed-end funds, and real estate investment trusts. Excludes mutual fund shares shown on table L.226.

(2) Includes corporate equities issued by financial corporations under the federal financial stabilization programs.

(3) Holdings of foreign corporate equities and investment fund shares by U.S. residents; includes American Depositary Receipts (ADRs).

(4) Holdings of U.S. issues by foreign residents.

(5) Equal to the sum of lines 3, 7, 10, 13, 15, 16, 17, 19, 22, 25, and 28.

(6) Equal to the sum of lines 4, 8, 11, 14, 20, 23, 26, and 29.
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L.225 Other Equity (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 LM893181115 Issues -- -- -- -- -- -- -- -- -- 1

 2 LM103192105 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 2

 3 LM113181115 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 3

 4 FL713164005 Monetary authority -- -- -- -- -- -- -- -- -- 4

 5 FL763194603 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 5

 6 LM753181115 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 6

 7 LM513181115 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 7

 8 LM543181115 Life insurance companies -- -- -- -- -- -- -- -- -- 8

 9 FL403192405 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 9

 10 LM613192103 Finance companies -- -- -- -- -- -- -- -- -- 10

 11 LM663181115 Brokers and dealers -- -- -- -- -- -- -- -- -- 11

 12 LM733192103 Holding companies -- -- -- -- -- -- -- -- -- 12

 13 LM503181115 Other financial business -- -- -- -- -- -- -- -- -- 13

 14 LM263181115 Rest of the World -- -- -- -- -- -- -- -- -- 14

 15 LM893081115 Holdings -- -- -- -- -- -- -- -- -- 15

 16 LM153081115 Households -- -- -- -- -- -- -- -- -- 16

 17 LM103081115 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 17

 18 FL113092405 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 18

 19 LM313081115 Federal government -- -- -- -- -- -- -- -- -- 19

 20 LM763081115 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 20

 21 FL473092403 Credit unions -- -- -- -- -- -- -- -- -- 21

 22 LM513081115 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 22

 23 LM543081115 Life insurance companies -- -- -- -- -- -- -- -- -- 23

 24 LM613081115 Finance companies -- -- -- -- -- -- -- -- -- 24

 25 FL643092473 Mortgage REITs -- -- -- -- -- -- -- -- -- 25

 26 LM663092103 Brokers and dealers -- -- -- -- -- -- -- -- -- 26

 27 LM733081115 Holding companies -- -- -- -- -- -- -- -- -- 27

 28 FL503094505 Other financial business -- -- -- -- -- -- -- -- -- 28

 29 LM263092101 Rest of the World -- -- -- -- -- -- -- -- -- 29

(1) Other equity is the sum of direct investment equity and miscellaneous other equity.

L.225.a Direct Investment Equity

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

 U.S. direct investment abroad: Equity

 1 LM263192101 Liab.: Rest of the world (1) -- -- -- -- -- -- -- -- -- 1

 2 LM103092105 Asset: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 2

 3 LM763092100 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 3

 4 LM513092103 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 4

 5 LM543092173 Life insurance companies -- -- -- -- -- -- -- -- -- 5

 6 LM613092103 Finance companies -- -- -- -- -- -- -- -- -- 6

 7 LM663092103 Brokers and dealers -- -- -- -- -- -- -- -- -- 7

 8 LM733092103 Holding companies -- -- -- -- -- -- -- -- -- 8

 Foreign direct investment in U.S.: Equity

 9 LM103192105 Liab.: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 9

 10 LM115114103 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 10

 11 LM753192103 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 11

 12 LM513192103 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 12

 13 LM543192173 Life insurance companies -- -- -- -- -- -- -- -- -- 13

 14 LM613192103 Finance companies -- -- -- -- -- -- -- -- -- 14

 15 LM663192103 Brokers and dealers -- -- -- -- -- -- -- -- -- 15

 16 LM733192103 Holding companies -- -- -- -- -- -- -- -- -- 16

 17 LM503192103 Other financial business -- -- -- -- -- -- -- -- -- 17

 18 LM263092101 Asset: Rest of the world (1) -- -- -- -- -- -- -- -- -- 18

 Memo:

 19 LM263192005 Total U.S. direct investment abroad (1, 2) -- -- -- -- -- -- -- -- -- 19

 20 LM263092001 Total Foreign direct investment in U.S. (1, 2) -- -- -- -- -- -- -- -- -- 20

(1) Direct investment is presented on a directional basis and reported at market value.

(2) Memo totals are the sum of direct investment equity (tables F.225.a and L.225.a) and intercompany debt (tables F.223 and L.223).
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L.225.b Miscellaneous Other Equity

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL893194905 Total miscellaneous other equity -- -- -- -- -- -- -- -- -- 1

 Proprietors’ Equity in Noncorporate Business

 2 LM112090205 Liab.: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 2

 3 LM662090003 Brokers and dealers -- -- -- -- -- -- -- -- -- 3

 4 LM152090205 Asset: Households -- -- -- -- -- -- -- -- -- 4

 Federal government equity in IBRD, etc.:

 5 FL313092803 Liab.: Rest of the world -- -- -- -- -- -- -- -- -- 5

 6 FL313092803 Asset: Federal government -- -- -- -- -- -- -- -- -- 6

 Federal Reserve Bank stock:

 7 FL713164003 Liab.: Monetary authority -- -- -- -- -- -- -- -- -- 7

 8 FL713164003 Asset: U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 8

 Equity in government-sponsored enterprises:

 9 FL403192405 Liab.: Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 9

 10 FL103092405 Asset: Nonfin. corporate business (Fannie Mae and FCS) -- -- -- -- -- -- -- -- -- 10

 11 FL113092405 Nonfinancial noncorporate (FCS) -- -- -- -- -- -- -- -- -- 11

 12 FL313092403 Federal government -- -- -- -- -- -- -- -- -- 12

 13 FL763092405 U.S.-chartered depository institutions (FHLB) -- -- -- -- -- -- -- -- -- 13

 14 FL473092403 Credit unions (FHLB) -- -- -- -- -- -- -- -- -- 14

 15 FL513092403 Property-casualty insurance companies (FHLB) -- -- -- -- -- -- -- -- -- 15

 16 FL543092473 Life insurance companies (FHLB) -- -- -- -- -- -- -- -- -- 16

 17 FL613092403 Finance companies (FHLB) -- -- -- -- -- -- -- -- -- 17

 18 FL643092473 Mortgage REITs (FHLB) -- -- -- -- -- -- -- -- -- 18

 Holding company equity investment in affiliates:

 19 FL763194603 Liab.: U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 19

 20 FL513194603 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 20

 21 FL543194603 Life insurance companies -- -- -- -- -- -- -- -- -- 21

 22 FL663194605 Brokers and dealers -- -- -- -- -- -- -- -- -- 22

 23 FL733094635 Asset: Holding companies -- -- -- -- -- -- -- -- -- 23

 Other financial business investment in affiliates:

 24 FL753194503 Liab.: Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 24

 25 FL663194505 Brokers and dealers -- -- -- -- -- -- -- -- -- 25

 26 FL503094505 Asset: Other financial business -- -- -- -- -- -- -- -- -- 26

 Federal gov’t investment in Federal Reserve facilities:

 27 FL313094213 Liab.: Monetary authority -- -- -- -- -- -- -- -- -- 27

 28 FL503194205 Other financial business -- -- -- -- -- -- -- -- -- 28

 29 FL313094205 Asset: Federal government -- -- -- -- -- -- -- -- -- 29

 Equity investment under Public-Private Inv. Program:

 30 LM503194305 Liab.: Other financial business -- -- -- -- -- -- -- -- -- 30

 31 LM153094305 Asset: Households (1) -- -- -- -- -- -- -- -- -- 31

 32 LM313094303 Federal government -- -- -- -- -- -- -- -- -- 32

(1) Funds invested by financial institutions such as domestic hedge funds through the Public-Private Investment Program (PPIP).
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L.226 Mutual Fund Shares (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 LM653164205 Shares at market value -- -- -- -- -- -- -- -- -- 1

 2 LM653164205 Holdings at market value -- -- -- -- -- -- -- -- -- 2

 3 LM153064205 Household sector -- -- -- -- -- -- -- -- -- 3

 4 LM103064203 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 4

 5 LM213064203 State and local governments -- -- -- -- -- -- -- -- -- 5

 6 LM763064203 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 6

 7 LM473064205 Credit unions -- -- -- -- -- -- -- -- -- 7

 8 LM513064205 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 8

 9 LM543064205 Life insurance companies -- -- -- -- -- -- -- -- -- 9

 10 LM573064205 Private pension funds -- -- -- -- -- -- -- -- -- 10

 11 LM223064205 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 11

 12 LM263064203 Rest of the world -- -- -- -- -- -- -- -- -- 12

(1) Shares of open-end investment companies; excludes shares of money market funds and exchange-traded funds.
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L.228 Life Insurance Reserves

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL893140005 Total liabilities -- -- -- -- -- -- -- -- -- 1

 2 FL313140003 Federal government -- -- -- -- -- -- -- -- -- 2

 3 FL543140005 Life insurance companies -- -- -- -- -- -- -- -- -- 3

 4 FL263140005 Rest of the world -- -- -- -- -- -- -- -- -- 4

 5 FL893140005 Total assets -- -- -- -- -- -- -- -- -- 5

 6 FL153040005 Household sector -- -- -- -- -- -- -- -- -- 6

 7 FL763040005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 7

 8 FL543040005 Life insurance companies -- -- -- -- -- -- -- -- -- 8

 9 FL733040005 Holding companies -- -- -- -- -- -- -- -- -- 9

 10 FL543141905 Rest of the world -- -- -- -- -- -- -- -- -- 10

L.229 Pension Entitlements

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

 1 FL893150005 Total liabilities -- -- -- -- -- -- -- -- -- 1

 2 FL543150005 Life insurance companies (1) -- -- -- -- -- -- -- -- -- 2

 3 FL574190005 Private pension funds (2) -- -- -- -- -- -- -- -- -- 3

 4 FL344090005 Federal government retirement funds (3) -- -- -- -- -- -- -- -- -- 4

 5 FL224190005 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 5

 6 FL263150005 Rest of the world -- -- -- -- -- -- -- -- -- 6

 7 FL893150005 Total assets -- -- -- -- -- -- -- -- -- 7

 8 FL153050005 Households (4) -- -- -- -- -- -- -- -- -- 8

 9 FL543050005 Life insurance companies -- -- -- -- -- -- -- -- -- 9

 10 FL543151905 Rest of the world -- -- -- -- -- -- -- -- -- 10

 Memo:

 11 LM893131573 Individual Retirement Accounts (IRAs): (5) -- -- -- -- -- -- -- -- -- 11

 12 FL763131573 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 12

 13 FL473131573 Credit unions -- -- -- -- -- -- -- -- -- 13

 14 LM543131503 Life insurance companies -- -- -- -- -- -- -- -- -- 14

 15 FL633131573 Money market funds -- -- -- -- -- -- -- -- -- 15

 16 LM653131573 Mutual funds -- -- -- -- -- -- -- -- -- 16

 17 LM153131575 Other self-directed accounts -- -- -- -- -- -- -- -- -- 17

(1) Annuities, including those in IRAs.

(2) Includes unallocated insurance company contracts beginning 1985:Q4.

(3) Includes the Thrift Savings Plan, the National Railroad Retirement Investment Trust, and other federal government retirement funds.

(4) Includes public and private defined benefit and defined contribution pension plans, and annuities at life insurance companies. Annuities include those held in individual retirement accounts (IRAs). Social security is excluded.

(5) Asset of the household and nonprofit organizations sector (tables L.101 and B.101). Figures for depositories (lines 12 and 13) include Keogh accounts. Variable annuities in IRAs are included

 in the life insurance sector (line 14) and excluded from the money market fund and mutual fund sectors (lines 15 and 16).
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L.230 Trade Credit

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL893170005 Total trade payables -- -- -- -- -- -- -- -- -- 1

 2 FL163170005 Nonprofit organizations (1) -- -- -- -- -- -- -- -- -- 2

 3 FL103170005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 3

 4 FL113170005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 4

 5 FL313170005 Federal government -- -- -- -- -- -- -- -- -- 5

 6 FL213170003 State and local governments -- -- -- -- -- -- -- -- -- 6

 7 FL513170005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 7

 8 FL543170005 Life insurance companies -- -- -- -- -- -- -- -- -- 8

 9 FL663170003 Brokers and dealers -- -- -- -- -- -- -- -- -- 9

 10 LM263170005 Rest of the world -- -- -- -- -- -- -- -- -- 10

 11 FL893070005 Total trade receivables -- -- -- -- -- -- -- -- -- 11

 12 FL163070005 Nonprofit organizations (1) -- -- -- -- -- -- -- -- -- 12

 13 FL103070005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 13

 14 FL113070003 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 14

 15 FL313070000 Federal government -- -- -- -- -- -- -- -- -- 15

 16 FL213070003 State and local governments -- -- -- -- -- -- -- -- -- 16

 17 FL513070005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 17

 18 FL543070005 Life insurance companies -- -- -- -- -- -- -- -- -- 18

 19 FL673070003 ABS issuers -- -- -- -- -- -- -- -- -- 19

 20 LM263070005 Rest of the world -- -- -- -- -- -- -- -- -- 20

 21 FL903070005 Discrepancy -- -- -- -- -- -- -- -- -- 21

(1) Included in the households and nonprofit organizations sector (tables L.101 and B.101).

L.231 Taxes Payable by Businesses

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

 1 FL893178005 Total taxes payable by all businesses -- -- -- -- -- -- -- -- -- 1

 2 FL103178005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 2

 3 FL113178003 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 3

 4 FL763178000 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 4

 5 FL513178005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 5

 6 FL543178075 Life insurance companies -- -- -- -- -- -- -- -- -- 6

 7 FL613178005 Finance companies -- -- -- -- -- -- -- -- -- 7

 8 FL663178003 Brokers and dealers -- -- -- -- -- -- -- -- -- 8

 9 FL733178013 Holding companies -- -- -- -- -- -- -- -- -- 9

 10 FL893078005 Total business taxes receivable -- -- -- -- -- -- -- -- -- 10

 11 FL313078000 Federal government -- -- -- -- -- -- -- -- -- 11

 12 FL213078005 State and local governments -- -- -- -- -- -- -- -- -- 12

 13 FL903078005 Discrepancy -- -- -- -- -- -- -- -- -- 13
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L.232 Total Miscellaneous Financial Claims

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL893190005 Total liabilities -- -- -- -- -- -- -- -- -- 1

 2 FL543077073 Household sector -- -- -- -- -- -- -- -- -- 2

 3 FL103190005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 3

 4 FL113193003 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 4

 5 FL313190005 Federal government -- -- -- -- -- -- -- -- -- 5

 6 FL223073045 State and local governments -- -- -- -- -- -- -- -- -- 6

 7 FL713193005 Monetary authority -- -- -- -- -- -- -- -- -- 7

 8 FL763190005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 8

 9 FL753193005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 9

 10 FL743193005 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 10

 11 FL473193005 Credit unions -- -- -- -- -- -- -- -- -- 11

 12 FL513190005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 12

 13 FL543190005 Life insurance companies -- -- -- -- -- -- -- -- -- 13

 14 FL403190005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 14

 15 FL613190005 Finance companies -- -- -- -- -- -- -- -- -- 15

 16 FL643193075 Mortgage REITs -- -- -- -- -- -- -- -- -- 16

 17 FL663190005 Brokers and dealers -- -- -- -- -- -- -- -- -- 17

 18 FL733190005 Holding companies -- -- -- -- -- -- -- -- -- 18

 19 FL503190005 Other financial business -- -- -- -- -- -- -- -- -- 19

 20 FL263190005 Rest of the world -- -- -- -- -- -- -- -- -- 20

 21 FL893090005 Total assets -- -- -- -- -- -- -- -- -- 21

 22 FL153090005 Household sector -- -- -- -- -- -- -- -- -- 22

 23 FL103090005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 23

 24 FL113090005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 24

 25 FL313091105 Federal government -- -- -- -- -- -- -- -- -- 25

 26 FL213093003 State and local governments -- -- -- -- -- -- -- -- -- 26

 27 FL713090005 Monetary authority -- -- -- -- -- -- -- -- -- 27

 28 FL763090005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 28

 29 FL753093005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 29

 30 FL743093005 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 30

 31 FL473093005 Credit unions -- -- -- -- -- -- -- -- -- 31

 32 FL513090005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 32

 33 FL543090005 Life insurance companies -- -- -- -- -- -- -- -- -- 33

 34 FL573090005 Private pension funds -- -- -- -- -- -- -- -- -- 34

 35 FL343073045 Federal government retirement funds -- -- -- -- -- -- -- -- -- 35

 36 FL223090005 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 36

 37 FL633093005 Money market funds -- -- -- -- -- -- -- -- -- 37

 38 FL653093005 Mutual funds -- -- -- -- -- -- -- -- -- 38

 39 LM563093003 Exchange-traded funds -- -- -- -- -- -- -- -- -- 39

 40 FL403093005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 40

 41 FL673090543 ABS issuers -- -- -- -- -- -- -- -- -- 41

 42 FL613090005 Finance companies -- -- -- -- -- -- -- -- -- 42

 43 FL643093075 Mortgage REITs -- -- -- -- -- -- -- -- -- 43

 44 FL663090005 Brokers and dealers -- -- -- -- -- -- -- -- -- 44

 45 FL733090005 Holding companies -- -- -- -- -- -- -- -- -- 45

 46 FL503093023 Other financial business -- -- -- -- -- -- -- -- -- 46

 47 FL263090005 Rest of the world -- -- -- -- -- -- -- -- -- 47

 48 FL903090005 Discrepancy -- -- -- -- -- -- -- -- -- 48
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L.233 Identified Miscellaneous Financial Claims - Part I

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 Holding company other investment in affiliates:

 1 FL763194705 Liab.: U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 1

 2 FL513194703 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 2

 3 FL543194703 Life insurance companies -- -- -- -- -- -- -- -- -- 3

 4 FL613194733 Finance companies -- -- -- -- -- -- -- -- -- 4

 5 FL663194705 Brokers and dealers -- -- -- -- -- -- -- -- -- 5

 6 FL263194735 Rest of the world -- -- -- -- -- -- -- -- -- 6

 7 FL733094735 Asset: Holding companies -- -- -- -- -- -- -- -- -- 7

 Holding company balances due to affiliates:

 8 FL733194735 Liab.: Holding companies -- -- -- -- -- -- -- -- -- 8

 9 FL763094703 Asset: U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 9

 10 FL513094703 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 10

 11 FL543094703 Life insurance companies -- -- -- -- -- -- -- -- -- 11

 12 FL663094705 Brokers and dealers -- -- -- -- -- -- -- -- -- 12

 13 FL263094733 Rest of the world -- -- -- -- -- -- -- -- -- 13

 NFC other investment in finance company affiliates:

 14 FL103094705 Liab.: Finance companies -- -- -- -- -- -- -- -- -- 14

 15 FL103094705 Asset: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 15

 Securities brokers and dealers payables:

 16 FL663170605 Liab.: Brokers and dealers -- -- -- -- -- -- -- -- -- 16

 17 FL663070675 Other financial business -- -- -- -- -- -- -- -- -- 17

 18 FL663070605 Asset: Brokers and dealers -- -- -- -- -- -- -- -- -- 18

 Paycheck Protection Program subsidies payable:

 19 FL313172003 Liab.: Federal government -- -- -- -- -- -- -- -- -- 19

 20 FL163072003 Asset: Nonprofit organizations -- -- -- -- -- -- -- -- -- 20

 21 FL103072005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 21

 22 FL113072003 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 22

 23 FL613072003 Finance companies -- -- -- -- -- -- -- -- -- 23
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L.234 Identified Miscellaneous Financial Claims - Part II

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 Nonofficial foreign currencies:

 1 FL263191103 Liab.: Rest of the world -- -- -- -- -- -- -- -- -- 1

 2 FL313091105 Asset: Federal government -- -- -- -- -- -- -- -- -- 2

 3 FL713091103 Monetary authority (1) -- -- -- -- -- -- -- -- -- 3

 Postal Savings System deposits:

 4 FL313131003 Liab.: Federal government -- -- -- -- -- -- -- -- -- 4

 5 FL313131003 Asset: Household sector -- -- -- -- -- -- -- -- -- 5

 Deposits at Federal Home Loan Banks:

 6 FL403197033 Liab.: Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 6

 7 FL403197033 Asset: U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 7

 Funding agreements backing securities:

 8 FL673090543 Liab.: Life insurance companies (2) -- -- -- -- -- -- -- -- -- 8

 9 FL673090543 Asset: ABS issuers -- -- -- -- -- -- -- -- -- 9

 Deferred and unpaid life insurance premiums:

 10 FL543077073 Liab.: Household sector -- -- -- -- -- -- -- -- -- 10

 11 FL543077073 Asset: Life insurance companies -- -- -- -- -- -- -- -- -- 11

 Other reserves at life insurance companies:

 12 FL543195005 Liab.: Life insurance companies -- -- -- -- -- -- -- -- -- 12

 13 FL263195105 Rest of the world -- -- -- -- -- -- -- -- -- 13

 14 FL153095105 Asset: Household sector -- -- -- -- -- -- -- -- -- 14

 15 FL543095105 Life insurance companies -- -- -- -- -- -- -- -- -- 15

 Policy payables:

 16 FL513176005 Liab.: Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 16

 17 FL263176005 Rest of the world -- -- -- -- -- -- -- -- -- 17

 18 FL153076005 Asset: Household sector -- -- -- -- -- -- -- -- -- 18

 19 FL103076005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 19

 20 FL113076005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 20

 21 FL513076005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 21

 22 FL263076005 Rest of the world -- -- -- -- -- -- -- -- -- 22

 Unallocated insurance company contracts:

 23 FL593095005 Liab.: Life insurance companies -- -- -- -- -- -- -- -- -- 23

 24 FL573095005 Asset: Private pension funds -- -- -- -- -- -- -- -- -- 24

 25 FL223095505 State and local government retirement funds -- -- -- -- -- -- -- -- -- 25

 Pension fund contributions payable:

 26 FL573074005 Liab.: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 26

 27 FL573074005 Asset: Private pension funds -- -- -- -- -- -- -- -- -- 27

 Retiree health care funds:

 28 FL313195105 Liab.: Federal government (3) -- -- -- -- -- -- -- -- -- 28

 29 FL313195105 Asset: Household sector -- -- -- -- -- -- -- -- -- 29

 Claims of pension fund on sponsor:

 30 FL573073005 Liab.: Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 30

 31 FL343073045 Federal government -- -- -- -- -- -- -- -- -- 31

 32 FL223073045 State and local governments -- -- -- -- -- -- -- -- -- 32

 33 FL573073005 Asset: Private pension funds -- -- -- -- -- -- -- -- -- 33

 34 FL343073045 Federal government retirement funds -- -- -- -- -- -- -- -- -- 34

 35 FL223073045 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 35

(1) Reciprocal currency arrangements (swap lines) with foreign central banks.

(2) 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.

(3) Includes Uniform Services Retiree Health Care Fund and Postal Service Retiree Health Benefits Fund.
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L.235 Unidentified Miscellaneous Financial Claims

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL893193005 Total liabilities -- -- -- -- -- -- -- -- -- 1

 2 FL103193005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 2

 3 FL113193003 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 3

 4 FL313193013 Federal government -- -- -- -- -- -- -- -- -- 4

 5 FL713193005 Monetary authority -- -- -- -- -- -- -- -- -- 5

 6 FL763193005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 6

 7 FL753193005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 7

 8 FL743193005 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 8

 9 FL473193005 Credit unions -- -- -- -- -- -- -- -- -- 9

 10 FL513193005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 10

 11 FL543193005 Life insurance companies -- -- -- -- -- -- -- -- -- 11

 12 FL403193005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 12

 13 FL613193005 Finance companies -- -- -- -- -- -- -- -- -- 13

 14 FL643193075 Mortgage REITs -- -- -- -- -- -- -- -- -- 14

 15 FL663193005 Brokers and dealers -- -- -- -- -- -- -- -- -- 15

 16 FL733193005 Holding companies -- -- -- -- -- -- -- -- -- 16

 17 FL503193005 Other financial business -- -- -- -- -- -- -- -- -- 17

 18 FL893093005 Total assets -- -- -- -- -- -- -- -- -- 18

 19 FL103093005 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 19

 20 FL113093005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 20

 21 FL213093003 State and local governments -- -- -- -- -- -- -- -- -- 21

 22 FL713093005 Monetary authority -- -- -- -- -- -- -- -- -- 22

 23 FL763093005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 23

 24 FL753093005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 24

 25 FL743093005 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 25

 26 FL473093005 Credit unions -- -- -- -- -- -- -- -- -- 26

 27 FL513093005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 27

 28 FL543093005 Life insurance companies -- -- -- -- -- -- -- -- -- 28

 29 FL573093005 Private pension funds -- -- -- -- -- -- -- -- -- 29

 30 FL223093005 State and local govt. retirement funds -- -- -- -- -- -- -- -- -- 30

 31 FL633093005 Money market funds (net) -- -- -- -- -- -- -- -- -- 31

 32 FL653093005 Mutual funds -- -- -- -- -- -- -- -- -- 32

 33 LM563093003 Exchange-traded funds -- -- -- -- -- -- -- -- -- 33

 34 FL403093005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 34

 35 FL613093005 Finance companies -- -- -- -- -- -- -- -- -- 35

 36 FL643093075 Mortgage REITs -- -- -- -- -- -- -- -- -- 36

 37 FL663093005 Brokers and dealers -- -- -- -- -- -- -- -- -- 37

 38 FL733093005 Holding companies -- -- -- -- -- -- -- -- -- 38

 39 FL503093023 Other financial business -- -- -- -- -- -- -- -- -- 39

 40 FL903090005 Discrepancy -- -- -- -- -- -- -- -- -- 40
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B.101 Balance Sheet of Households and Nonprofit Organizations (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL152000005 Assets -- -- -- -- -- -- -- -- -- 1

 2 LM152010005 Nonfinancial assets -- -- -- -- -- -- -- -- -- 2

 3 LM155035005 Real estate -- -- -- -- -- -- -- -- -- 3

 4 LM155035015 Households (2) -- -- -- -- -- -- -- -- -- 4

 5 LM165035005 Nonprofit organizations -- -- -- -- -- -- -- -- -- 5

 6 LM165015205 Equipment (nonprofits) (3) -- -- -- -- -- -- -- -- -- 6

 7 LM165013765 Intellectual property products (nonprofits) (3) -- -- -- -- -- -- -- -- -- 7

 8 LM155111005 Consumer durable goods (3) -- -- -- -- -- -- -- -- -- 8

 9 FL154090005 Financial assets -- -- -- -- -- -- -- -- -- 9

 10 LM153091003 Foreign deposits -- -- -- -- -- -- -- -- -- 10

 11 FL153020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 11

 12 FL153030005 Time and savings deposits -- -- -- -- -- -- -- -- -- 12

 13 FL153034005 Money market fund shares -- -- -- -- -- -- -- -- -- 13

 14 LM154022005 Debt securities -- -- -- -- -- -- -- -- -- 14

 15 LM153061105 Treasury securities -- -- -- -- -- -- -- -- -- 15

 16 LM153061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 16

 17 LM153062005 Municipal securities -- -- -- -- -- -- -- -- -- 17

 18 LM153063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 18

 19 FL154023005 Loans -- -- -- -- -- -- -- -- -- 19

 20 FL153069005 Other loans and advances (4) -- -- -- -- -- -- -- -- -- 20

 21 FL153065005 Mortgages -- -- -- -- -- -- -- -- -- 21

 22 FL163066223 Consumer credit (student loans) (5) -- -- -- -- -- -- -- -- -- 22

 23 LM153064105 Corporate equities -- -- -- -- -- -- -- -- -- 23

 24 LM153081115 Miscellaneous other equity -- -- -- -- -- -- -- -- -- 24

 25 LM153064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 25

 26 FL153040005 Life insurance reserves -- -- -- -- -- -- -- -- -- 26

 27 FL153050005 Pension entitlements (6) -- -- -- -- -- -- -- -- -- 27

 28 FL163070005 Trade receivables (5) -- -- -- -- -- -- -- -- -- 28

 29 FL153090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 29

 30 FL154190005 Liabilities -- -- -- -- -- -- -- -- -- 30

 31 FL163162003 Debt securities (municipal securities) (5) -- -- -- -- -- -- -- -- -- 31

 32 FL154123005 Loans -- -- -- -- -- -- -- -- -- 32

 33 FL153165105 One-to-four-family residential mortgages (7) -- -- -- -- -- -- -- -- -- 33

 34 FL153166000 Consumer credit -- -- -- -- -- -- -- -- -- 34

 35 FL153168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 35

 36 FL153169005 Other loans and advances -- -- -- -- -- -- -- -- -- 36

 37 FL163165505 Commercial mortgages (5) -- -- -- -- -- -- -- -- -- 37

 38 FL163170005 Trade payables (5) -- -- -- -- -- -- -- -- -- 38

 39 FL543077073 Deferred and unpaid life insurance premiums -- -- -- -- -- -- -- -- -- 39

 40 FL152090005 Net worth (assets minus liabilities) -- -- -- -- -- -- -- -- -- 40

 Memo:

 41 FL893131573 Assets held in IRAs (8) -- -- -- -- -- -- -- -- -- 41

 42 FL154023205 Assets held in 529 college plans (8) -- -- -- -- -- -- -- -- -- 42

 43 LM154023223 College savings plans -- -- -- -- -- -- -- -- -- 43

 44 FL154023213 Prepaid tuition plans -- -- -- -- -- -- -- -- -- 44

 Replacement-cost value of structures:

 45 LM155012605 Residential -- -- -- -- -- -- -- -- -- 45

 46 LM155012665 Households -- -- -- -- -- -- -- -- -- 46

 47 LM165012665 Nonprofit organizations -- -- -- -- -- -- -- -- -- 47

 48 LM165013665 Nonresidential (nonprofits) -- -- -- -- -- -- -- -- -- 48

 49 FA156012005 Disposable personal income (DPI) (SAAR) -- -- -- -- -- -- -- -- -- 49

 50 FL152090006 Net worth/DPI (percent) (line 40/line 49) -- -- -- -- -- -- -- -- -- 50

 51 FL155035065 Owners’ equity in real estate (line 4 less line 33) -- -- -- -- -- -- -- -- -- 51

 52 FL155035066 Owners’ equity/real estate (percent) (line 51/line 4) -- -- -- -- -- -- -- -- -- 52

(1) Sector includes domestic hedge funds, private equity funds, and personal trusts. Supplementary balance sheet tables B.101.h and B.101.n show estimates of annual year-end outstandings of

 households and nonprofit organizations, respectively. Detail on the sector’s indirect holdings of debt securities and equity is shown on table B.101.e.

(2) All types of owner-occupied housing including farm houses and mobile homes, as well as second homes that are not rented, vacant homes for sale, and vacant land. At market value.

(3) At replacement (current) cost.

(4) Includes nonmarketable Treasury securities, cash accounts at brokers and dealers, and syndicated loans to nonfinancial corporate business by nonprofits and domestic hedge funds.

(5) Student loans and trade receivables are financial assets of nonprofit organizations; municipal securities, commercial mortgages, and trade payables are liabilities.

(6) Includes public and private defined benefit and defined contribution pension plans and annuities, including those in IRAs and at life insurance companies. Excludes social security.

(7) Includes loans made under home equity lines of credit and home equity loans secured by junior liens (table L.218, line 23).

(8) Included in assets shown on the household balance sheet.
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B.103 Balance Sheet of Nonfinancial Corporate Business

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL102000005 Assets -- -- -- -- -- -- -- -- -- 1

 2 LM102010005 Nonfinancial assets -- -- -- -- -- -- -- -- -- 2

 3 LM105035005 Real estate (market value) -- -- -- -- -- -- -- -- -- 3

 4 LM105015205 Equipment (replacement cost) -- -- -- -- -- -- -- -- -- 4

 5 LM105013765 Intellectual property products (replacement cost) -- -- -- -- -- -- -- -- -- 5

 6 LM105020015 Inventories (replacement cost) -- -- -- -- -- -- -- -- -- 6

 7 FL104090005 Financial assets -- -- -- -- -- -- -- -- -- 7

 8 FL103091003 Foreign deposits -- -- -- -- -- -- -- -- -- 8

 9 FL103020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 9

 10 FL103030003 Time and savings deposits -- -- -- -- -- -- -- -- -- 10

 11 FL103034000 Money market fund shares -- -- -- -- -- -- -- -- -- 11

 12 FL102051003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 12

 13 LM104022005 Debt securities -- -- -- -- -- -- -- -- -- 13

 14 FL103069100 Commercial paper -- -- -- -- -- -- -- -- -- 14

 15 LM103061103 Treasury securities -- -- -- -- -- -- -- -- -- 15

 16 LM103061703 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 16

 17 LM103062003 Municipal securities -- -- -- -- -- -- -- -- -- 17

 18 LM123063003 Corporate bonds (held by equity REITs) -- -- -- -- -- -- -- -- -- 18

 19 FL104023005 Loans -- -- -- -- -- -- -- -- -- 19

 20 FL103065005 Mortgages -- -- -- -- -- -- -- -- -- 20

 21 FL103066005 Consumer credit -- -- -- -- -- -- -- -- -- 21

 22 LM103092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 22

 23 LM103064103 Corporate equities -- -- -- -- -- -- -- -- -- 23

 24 LM103092105 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 24

 25 FL103092405 Equity in GSEs -- -- -- -- -- -- -- -- -- 25

 26 LM103064203 Mutual fund shares -- -- -- -- -- -- -- -- -- 26

 27 FL103070005 Trade receivables -- -- -- -- -- -- -- -- -- 27

 28 FL103090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 28

 29 FL104194005 Total liabilities and equity -- -- -- -- -- -- -- -- -- 29

 30 FL104190005 Liabilities -- -- -- -- -- -- -- -- -- 30

 31 FL104122005 Debt securities -- -- -- -- -- -- -- -- -- 31

 32 FL103169100 Commercial paper -- -- -- -- -- -- -- -- -- 32

 33 FL103162000 Municipal securities (1) -- -- -- -- -- -- -- -- -- 33

 34 FL103163005 Corporate bonds -- -- -- -- -- -- -- -- -- 34

 35 FL104123005 Loans -- -- -- -- -- -- -- -- -- 35

 36 FL103168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 36

 37 FL103169005 Other loans and advances -- -- -- -- -- -- -- -- -- 37

 38 FL103165005 Mortgages -- -- -- -- -- -- -- -- -- 38

 39 LM103192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 39

 40 FL103170005 Trade payables -- -- -- -- -- -- -- -- -- 40

 41 FL103178005 Taxes payable -- -- -- -- -- -- -- -- -- 41

 42 FL103190005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 42

 43 LM103181105 Total equity (market value) -- -- -- -- -- -- -- -- -- 43

 44 LM103164105 Corporate equities -- -- -- -- -- -- -- -- -- 44

 45 LM103192105 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 45

 Memo:

 46 FL102090005 Net worth (assets minus liabilities) -- -- -- -- -- -- -- -- -- 46

 47 FL103164106 Equity/net worth (percent) (2) -- -- -- -- -- -- -- -- -- 47

 48 FL104104016 Debt/equity (percent) (2) -- -- -- -- -- -- -- -- -- 48

 49 FL104104006 Debt/net worth (percent) (2) -- -- -- -- -- -- -- -- -- 49

 With nonfinancial assets stated at historical cost:

 50 FL102000115 Assets (sum of lines 7 and 51) -- -- -- -- -- -- -- -- -- 50

 51 FL102010115 Nonfinancial assets -- -- -- -- -- -- -- -- -- 51

 52 FL105035045 Real estate -- -- -- -- -- -- -- -- -- 52

 53 FL105013213 Equipment -- -- -- -- -- -- -- -- -- 53

 54 FL105013715 Intellectual property products -- -- -- -- -- -- -- -- -- 54

 55 FL105020000 Inventories -- -- -- -- -- -- -- -- -- 55

 56 FL102090115 Net worth (historical cost) (line 50 less line 30) -- -- -- -- -- -- -- -- -- 56

 Historical-cost value of structures:

 57 FL105012613 Residential -- -- -- -- -- -- -- -- -- 57

 58 FL105013613 Nonresidential -- -- -- -- -- -- -- -- -- 58

(1) 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.

(2) Debt is calculated as the sum of debt securities (line 31) and loans (line 35). Equity is total equity (line 43).
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B.104 Balance Sheet of Nonfinancial Noncorporate Business

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL112000005 Assets -- -- -- -- -- -- -- -- -- 1

 2 LM112010005 Nonfinancial assets -- -- -- -- -- -- -- -- -- 2

 3 LM115035005 Real estate (1) -- -- -- -- -- -- -- -- -- 3

 4 LM115035023 Residential -- -- -- -- -- -- -- -- -- 4

 5 LM115035035 Nonresidential -- -- -- -- -- -- -- -- -- 5

 6 LM115015205 Equipment (2) -- -- -- -- -- -- -- -- -- 6

 7 LM115012265 Residential (3) -- -- -- -- -- -- -- -- -- 7

 8 LM115013265 Nonresidential -- -- -- -- -- -- -- -- -- 8

 9 LM115013765 Intellectual property products (2) -- -- -- -- -- -- -- -- -- 9

 10 LM115020005 Inventories (2) -- -- -- -- -- -- -- -- -- 10

 11 FL114090005 Financial assets -- -- -- -- -- -- -- -- -- 11

 12 FL113020005 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 12

 13 FL113030003 Time and savings deposits -- -- -- -- -- -- -- -- -- 13

 14 FL113034003 Money market fund shares -- -- -- -- -- -- -- -- -- 14

 15 LM114022005 Debt securities -- -- -- -- -- -- -- -- -- 15

 16 LM113061003 Treasury securities -- -- -- -- -- -- -- -- -- 16

 17 LM113062003 Municipal securities -- -- -- -- -- -- -- -- -- 17

 18 FL114023005 Loans -- -- -- -- -- -- -- -- -- 18

 19 FL113065005 Mortgages -- -- -- -- -- -- -- -- -- 19

 20 FL113066003 Consumer credit -- -- -- -- -- -- -- -- -- 20

 21 FL113092405 Equity investment in GSEs (4) -- -- -- -- -- -- -- -- -- 21

 22 FL113070003 Trade receivables -- -- -- -- -- -- -- -- -- 22

 23 FL113090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 23

 24 FL113076005 Insurance receivables -- -- -- -- -- -- -- -- -- 24

 25 FL113072003 PPP subsidies receivable -- -- -- -- -- -- -- -- -- 25

 26 FL113093005 Other -- -- -- -- -- -- -- -- -- 26

 27 FL114194005 Total liabilities and equity -- -- -- -- -- -- -- -- -- 27

 28 FL114190005 Liabilities -- -- -- -- -- -- -- -- -- 28

 29 FL114123005 Loans -- -- -- -- -- -- -- -- -- 29

 30 FL113168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- -- 30

 31 FL113169005 Other loans and advances -- -- -- -- -- -- -- -- -- 31

 32 FL113165005 Mortgages -- -- -- -- -- -- -- -- -- 32

 33 LM115114305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 33

 34 FL113170005 Trade payables -- -- -- -- -- -- -- -- -- 34

 35 FL113178003 Taxes payable -- -- -- -- -- -- -- -- -- 35

 36 FL113193003 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 36

 37 FL113181115 Total equity -- -- -- -- -- -- -- -- -- 37

 38 LM115114103 Foreign direct investment: equity -- -- -- -- -- -- -- -- -- 38

 39 LM112090205 Equity in noncorporate business (5) -- -- -- -- -- -- -- -- -- 39

 Memo:

 40 FL112090005 Net worth (assets minus liabilities) -- -- -- -- -- -- -- -- -- 40

 Replacement-cost value of structures:

 41 FL115012665 Residential -- -- -- -- -- -- -- -- -- 41

 42 FL115013665 Nonresidential -- -- -- -- -- -- -- -- -- 42

 43 FL114104006 Debt/net worth (percent) (line 29/line 40) -- -- -- -- -- -- -- -- -- 43

(1) At market value.

(2) At replacement (current) cost.

(3) Durable goods in rental properties.

(4) Equity in the Farm Credit System.

(5) Included in table B.101, line 24.
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R.101 Change in Net Worth of Households and Nonprofit Organizations

Billions of dollars; not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FC152090005 Change in net worth (1) -- -- -- -- -- -- -- -- -- 1

 2 FU152090005 Net investment -- -- -- -- -- -- -- -- -- 2

 3 FU152010005 Nonfinancial investment -- -- -- -- -- -- -- -- -- 3

 4 FU155035005 Real estate -- -- -- -- -- -- -- -- -- 4

 5 FU165015205 Equipment -- -- -- -- -- -- -- -- -- 5

 6 FU165013765 Intellectual property products -- -- -- -- -- -- -- -- -- 6

 7 FU155111005 Consumer durable goods -- -- -- -- -- -- -- -- -- 7

 8 FU155420003 Nonproduced nonfinancial assets -- -- -- -- -- -- -- -- -- 8

 9 FU154090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 9

 10 FU154190005 Less: Net increase in liabilities -- -- -- -- -- -- -- -- -- 10

 11 FR152090005 Net holding gains -- -- -- -- -- -- -- -- -- 11

 12 FR152010005 Nonfinancial assets -- -- -- -- -- -- -- -- -- 12

 13 FR155035005 Real estate -- -- -- -- -- -- -- -- -- 13

 14 FR165015205 Equipment (2) -- -- -- -- -- -- -- -- -- 14

 15 FR165013765 Intellectual property products (2) -- -- -- -- -- -- -- -- -- 15

 16 FR155111005 Consumer durable goods (2) -- -- -- -- -- -- -- -- -- 16

 17 FR154090005 Financial assets -- -- -- -- -- -- -- -- -- 17

 18 FR154022005 Debt securities -- -- -- -- -- -- -- -- -- 18

 19 FR153064105 Corporate equities -- -- -- -- -- -- -- -- -- 19

 20 FR152090205 Equity in noncorporate business -- -- -- -- -- -- -- -- -- 20

 21 FR153094305 Equity investment under PPIP -- -- -- -- -- -- -- -- -- 21

 22 FR153064205 Mutual fund shares -- -- -- -- -- -- -- -- -- 22

 23 FR153040005 Life insurance reserves -- -- -- -- -- -- -- -- -- 23

 24 FR153050005 Pension entitlements -- -- -- -- -- -- -- -- -- 24

 25 FR153030005 Other financial assets -- -- -- -- -- -- -- -- -- 25

 26 FV152090005 Other volume changes (3) -- -- -- -- -- -- -- -- -- 26

 Memo:

 27 LM152090005 Net worth outstanding (4) -- -- -- -- -- -- -- -- -- 27

 28 FA156012005 Disposable personal income -- -- -- -- -- -- -- -- -- 28

(1) Sum of net investment (line 2), net holding gains (line 11), and other volume changes (line 26).

(2) Valued at current cost.

(3) Consists of statistical discontinuities and disaster-related losses to fixed assets.

(4) Table B.101, line 40.
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R.103 Change in Net Worth of Nonfinancial Corporate Business

Billions of dollars; not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FC102090005 Change in net worth (1) -- -- -- -- -- -- -- -- -- 1

 2 FU102090005 Net investment -- -- -- -- -- -- -- -- -- 2

 3 FU102010005 Nonfinancial investment -- -- -- -- -- -- -- -- -- 3

 4 FU105035005 Real estate -- -- -- -- -- -- -- -- -- 4

 5 FU105015205 Equipment -- -- -- -- -- -- -- -- -- 5

 6 FU105013765 Intellectual property products -- -- -- -- -- -- -- -- -- 6

 7 FU105020015 Inventories -- -- -- -- -- -- -- -- -- 7

 8 FU105420005 Nonproduced nonfinancial assets -- -- -- -- -- -- -- -- -- 8

 9 FU104090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 9

 10 FU104190005 Less: Net increase in liabilities -- -- -- -- -- -- -- -- -- 10

 11 FR102090005 Net holding gains -- -- -- -- -- -- -- -- -- 11

 12 FR102010005 Nonfinancial assets -- -- -- -- -- -- -- -- -- 12

 13 FR105035005 Real estate -- -- -- -- -- -- -- -- -- 13

 14 FR105015205 Equipment (2) -- -- -- -- -- -- -- -- -- 14

 15 FR105013765 Intellectual property products (2) -- -- -- -- -- -- -- -- -- 15

 16 FR105020015 Inventories (2,3) -- -- -- -- -- -- -- -- -- 16

 17 FR104090005 Financial assets -- -- -- -- -- -- -- -- -- 17

 18 FR104022005 Debt securities -- -- -- -- -- -- -- -- -- 18

 19 FR103092305 U.S. direct investment abroad: intercompany debt -- -- -- -- -- -- -- -- -- 19

 20 FR103064103 Corporate equities -- -- -- -- -- -- -- -- -- 20

 21 FR103092105 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- -- 21

 22 FR103064203 Mutual fund shares -- -- -- -- -- -- -- -- -- 22

 23 FR103090005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 23

 24 FR104190005 Less: liabilities -- -- -- -- -- -- -- -- -- 24

 25 FR103192305 Foreign direct investment: intercompany debt -- -- -- -- -- -- -- -- -- 25

 26 FR573073005 Claims of pension fund on sponsor -- -- -- -- -- -- -- -- -- 26

 27 FR103193005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 27

 28 FV102090005 Other volume changes (4) -- -- -- -- -- -- -- -- -- 28

 Memo:

 29 LM102090005 Net worth outstanding (5) -- -- -- -- -- -- -- -- -- 29

(1) Sum of net investment (line 2), net holding gains (line 11), and other volume changes (line 28).

(2) Valued at current cost.

(3) Before inventory valuation adjustment.

(4) Consists of statistical discontinuities and disaster-related losses to fixed assets.

(5) Table B.103, line 46.
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R.104 Change in Net Worth of Nonfinancial Noncorporate Business

Billions of dollars; not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FC112090005 Change in net worth (1) -- -- -- -- -- -- -- -- -- 1

 2 FU112090005 Net investment -- -- -- -- -- -- -- -- -- 2

 3 FU112010005 Nonfinancial investment -- -- -- -- -- -- -- -- -- 3

 4 FU115035023 Residential real estate -- -- -- -- -- -- -- -- -- 4

 5 FU115035035 Nonresidential real estate -- -- -- -- -- -- -- -- -- 5

 6 FU115012265 Residential equipment -- -- -- -- -- -- -- -- -- 6

 7 FU115013265 Nonresidential equipment -- -- -- -- -- -- -- -- -- 7

 8 FU115013765 Intellectual property products -- -- -- -- -- -- -- -- -- 8

 9 FU115020005 Inventories -- -- -- -- -- -- -- -- -- 9

 10 FU114090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- -- 10

 11 FU114190005 Less: Net increase in liabilities -- -- -- -- -- -- -- -- -- 11

 12 FR112090005 Net holding gains -- -- -- -- -- -- -- -- -- 12

 13 FR112010005 Nonfinancial assets -- -- -- -- -- -- -- -- -- 13

 14 FR115035023 Residential real estate -- -- -- -- -- -- -- -- -- 14

 15 FR115035035 Nonresidential real estate -- -- -- -- -- -- -- -- -- 15

 16 FR115012265 Residential equipment (2) -- -- -- -- -- -- -- -- -- 16

 17 FR115013265 Nonresidential equipment (2) -- -- -- -- -- -- -- -- -- 17

 18 FR115013765 Intellectual property products (2) -- -- -- -- -- -- -- -- -- 18

 19 FR115020005 Inventories (2) -- -- -- -- -- -- -- -- -- 19

 20 FR114022005 Financial assets (debt securities) -- -- -- -- -- -- -- -- -- 20

 Less: liabilities (foreign direct

 21 FR115114305 investment: intercompany debt) -- -- -- -- -- -- -- -- -- 21

 22 FV112090005 Other volume changes (3) -- -- -- -- -- -- -- -- -- 22

 Memo:

 23 LM112090005 Net worth outstanding (4) -- -- -- -- -- -- -- -- -- 23

(1) Sum of net investment (line 2), net holding gains (line 12), and other volume changes (line 22).

(2) Valued at current cost.

(3) Consists of statistical discontinuities and disaster-related losses to fixed assets.

(4) Table B.104, line 40.
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B.101.h Balance Sheet of Households (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2016 2017 2018 2019 2020 2021 2022 2023

 

 1 FL192000005 Assets -- -- -- -- -- -- -- -- 1

 2 LM192010005 Nonfinancial assets -- -- -- -- -- -- -- -- 2

 3 LM155035015 Real estate (2) -- -- -- -- -- -- -- -- 3

 4 LM155111005 Consumer durable goods (3) -- -- -- -- -- -- -- -- 4

 5 FL194090005 Financial assets -- -- -- -- -- -- -- -- 5

 6 FL193020005 Checkable deposits and currency -- -- -- -- -- -- -- -- 6

 7 FL193030205 Time deposits and short-term investments -- -- -- -- -- -- -- -- 7

 8 FL193034005 Money market fund shares -- -- -- -- -- -- -- -- 8

 9 LM194022005 Debt securities -- -- -- -- -- -- -- -- 9

10 LM193061005 U.S. government and municipal securities -- -- -- -- -- -- -- -- 10

11 LM193063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- 11

12 FL194023005 Loans -- -- -- -- -- -- -- -- 12

13 FL193069005 Other loans and advances (4) -- -- -- -- -- -- -- -- 13

14 FL193065005 Mortgages -- -- -- -- -- -- -- -- 14

15 LM193064005 Corporate equities and mutual fund shares -- -- -- -- -- -- -- -- 15

16 LM152090205 Equity in noncorporate business (6) -- -- -- -- -- -- -- -- 16

17 FL153040005 Life insurance reserves -- -- -- -- -- -- -- -- 17

18 FL153050005 Pension entitlements (5) -- -- -- -- -- -- -- -- 18

19 FL193090005 Miscellaneous assets -- -- -- -- -- -- -- -- 19

20 FL194190005 Liabilities -- -- -- -- -- -- -- -- 20

21 FL194123005 Loans -- -- -- -- -- -- -- -- 21

22 FL153165105 One-to-four-family residential mortgages (7) -- -- -- -- -- -- -- -- 22

23 FL153166000 Consumer credit -- -- -- -- -- -- -- -- 23

24 FL193168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- 24

25 FL193169005 Other loans and advances -- -- -- -- -- -- -- -- 25

26 FL543077073 Deferred and unpaid life insurance premiums -- -- -- -- -- -- -- -- 26

27 FL192090005 Net worth -- -- -- -- -- -- -- -- 27

 Memo:

 Reconciliation with household and

 nonprofit organization sector net worth: (8)

28 FL152090005 Household and nonprofit net worth (B.101, line 40) -- -- -- -- -- -- -- -- 28

29 FL152000005 Household and nonprofit total assets (B.101, line 1) -- -- -- -- -- -- -- -- 29

30 FL192000005 Household total assets (B.101.h, line 1) -- -- -- -- -- -- -- -- 30

31 FL162000005 Nonprofit total assets (B.101.n, line 1) -- -- -- -- -- -- -- -- 31

32 FL163093005 Less: Nonprofit misc. assets (B.101.n, line 19) -- -- -- -- -- -- -- -- 32

33 FL153069803 Plus: Domestic hedge fund syndicated loans (9) -- -- -- -- -- -- -- -- 33

34 FL154190005 Less: Household and nonprofit liabilities (B.101, line 30) -- -- -- -- -- -- -- -- 34

35 FL194190005 Household liabilities (B.101.h, line 20) -- -- -- -- -- -- -- -- 35

36 FL164190005 Nonprofit liabilities (B.101.n, line 20) -- -- -- -- -- -- -- -- 36

37 FL163193005 Less: Nonprofit misc. liabilities (B.101.n, line 27) -- -- -- -- -- -- -- -- 37

(1) Table is based on table B.101 Balance Sheet of Households and Nonprofit Organizations, with adjustments to remove the assets and liabilities of nonprofit organizations, shown on table B.101.n.

(2) All types of owner-occupied housing including farm houses and mobile homes, as well as second homes that are not rented, vacant homes for sale, and vacant land, at market value.

(3) At replacement (current) cost.

(4) Includes nonmarketable Treasury securities, cash accounts at brokers and dealers, and syndicated loans to nonfinancial corporate business by nonprofits and domestic hedge funds.

(5) Includes public and private defined benefit and defined contribution pension plans and annuities, including those in IRAs and at life insurance companies. Excludes social security.

(6) Net worth of nonfinancial noncorporate business (table B.104, line 36) and owners’ equity in unincorporated security brokers and dealers.

(7) Includes loans made under home equity lines of credit and home equity loans secured by junior liens (table L.218, line 23).

(8) Some financial asset and liability items shown on the supplemental balance sheet of nonprofit organizations (table B.101.n) are not included on the balance sheet of the household and nonprofit

 organization sector (table B.101). Therefore, some adjustments are necessary to reconcile the combined assets and liabilities of the household sector (table B.101.h) and nonprofit organization sector

 (table B.101.n) with the household and nonprofit organization sector’s (table B.101) in the core Financial Accounts.

(9) Syndicated loans included in household and nonprofit organizations’ other loans and advances (table B.101, line 20) but assumed to be held by domestic hedge funds.
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B.101.n Balance Sheet of Nonprofit Organizations (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2016 2017 2018 2019 2020 2021 2022 2023

 

 1 FL162000005 Total assets -- -- -- -- -- -- -- -- 1

 2 FL162010005 Nonfinancial assets -- -- -- -- -- -- -- -- 2

 3 FL165035005 Real estate (2) -- -- -- -- -- -- -- -- 3

 4 FL165015205 Equipment (3) -- -- -- -- -- -- -- -- 4

 5 FL165013765 Intellectual property products (3) -- -- -- -- -- -- -- -- 5

 6 FL164090005 Financial assets -- -- -- -- -- -- -- -- 6

 7 FL163020005 Cash and non-interest-bearing deposits -- -- -- -- -- -- -- -- 7

 8 FL163030205 Other deposits and short-term investments (4) -- -- -- -- -- -- -- -- 8

 9 FL163034003 Money market fund shares -- -- -- -- -- -- -- -- 9

10 LM164022005 Debt securities -- -- -- -- -- -- -- -- 10

11 LM163061005 U.S. government and municipal securities (5) -- -- -- -- -- -- -- -- 11

12 LM163063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- 12

13 FL164023005 Loans -- -- -- -- -- -- -- -- 13

14 FL163065013 Mortgages -- -- -- -- -- -- -- -- 14

15 FL163066223 Consumer credit -- -- -- -- -- -- -- -- 15

16 FL163069005 Other loans and advances -- -- -- -- -- -- -- -- 16

17 LM163064005 Corporate equities and mutual fund shares -- -- -- -- -- -- -- -- 17

18 FL163070005 Grants and trade receivables -- -- -- -- -- -- -- -- 18

19 FL163090005 Miscellaneous assets -- -- -- -- -- -- -- -- 19

20 FL163072003 PPP subsidies receivable -- -- -- -- -- -- -- -- 20

21 FL163093005 Other (6) -- -- -- -- -- -- -- -- 21

22 FL164190005 Liabilities -- -- -- -- -- -- -- -- 22

23 FL163162003 Debt securities (municipal securities) -- -- -- -- -- -- -- -- 23

24 FL164123005 Loans -- -- -- -- -- -- -- -- 24

25 FL163165505 Commercial mortgages -- -- -- -- -- -- -- -- 25

26 FL163168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- 26

27 FL163169005 Other loans and advances -- -- -- -- -- -- -- -- 27

28 FL163170005 Trade payables -- -- -- -- -- -- -- -- 28

29 FL163193005 Miscellaneous liabilities (7) -- -- -- -- -- -- -- -- 29

30 FL162090005 Net worth -- -- -- -- -- -- -- -- 30

 Memo:

31 FL164090015 Total financial assets of private foundations -- -- -- -- -- -- -- -- 31

32 FL164090025 Total financial assets of 501(c) organizations -- -- -- -- -- -- -- -- 32

(1) Includes private foundations, including charitable trusts, and organizations that are tax-exempt under Sections 501(c)(3) through 501(c)(9) of the Internal Revenue Code. Does not include religious

 organizations or organizations with less than $25,000 in gross annual receipts. Most financial asset and liability information from annual tax data available with a lag; recent values estimated

 by staff.

(2) Residential and nonresidential real estate at market value.

(3) At replacement (current) cost.

(4) Includes interest-bearing checking and savings accounts, deposits in transit, commercial paper, certificates of deposit, and U.S. Treasury bills or other governmental obligations that mature

 in one year or less.

(5) Excludes the short-term debt securities included in line 16.

(6) Includes pledges receivable, receivables from officers and disqualified persons, prepaid expenses and deferred charges, other investments, and other financial assets. Not included on table B.101.

(7) Not included on table B.101.
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B.101.e Balance Sheet of Households and Nonprofit Organizations with Debt and Equity Holdings Detail

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL152000005 Assets -- -- -- -- -- -- -- -- -- 1

 2 FL152010005 Nonfinancial assets -- -- -- -- -- -- -- -- -- 2

 3 FL154090005 Financial assets -- -- -- -- -- -- -- -- -- 3

 4 FL154000025 Deposits (1) -- -- -- -- -- -- -- -- -- 4

 5 LM154022375 Debt securities at market value -- -- -- -- -- -- -- -- -- 5

 6 LM154022005 Directly held -- -- -- -- -- -- -- -- -- 6

 7 LM154022075 Indirectly held -- -- -- -- -- -- -- -- -- 7

 8 LM544022053 Life insurance companies -- -- -- -- -- -- -- -- -- 8

 9 LM574022075 Private pension funds (2) -- -- -- -- -- -- -- -- -- 9

10 LM344022025 Federal govt. retirement funds (2) -- -- -- -- -- -- -- -- -- 10

11 LM223064223 State and local govt. retirement funds (2) -- -- -- -- -- -- -- -- -- 11

12 LM654022055 Mutual funds -- -- -- -- -- -- -- -- -- 12

13 FL154023005 Loans -- -- -- -- -- -- -- -- -- 13

14 LM153064475 Equity shares at market value -- -- -- -- -- -- -- -- -- 14

15 LM153064105 Directly held -- -- -- -- -- -- -- -- -- 15

16 LM153064175 Indirectly held -- -- -- -- -- -- -- -- -- 16

17 LM543064153 Life insurance companies -- -- -- -- -- -- -- -- -- 17

18 LM573064175 Private pension funds (2) -- -- -- -- -- -- -- -- -- 18

19 LM343064125 Federal govt. retirement funds (2) -- -- -- -- -- -- -- -- -- 19

20 LM223064213 State and local govt. retirement funds (2) -- -- -- -- -- -- -- -- -- 20

21 LM653064155 Mutual funds -- -- -- -- -- -- -- -- -- 21

22 FL153099475 Other (3) -- -- -- -- -- -- -- -- -- 22

23 FL154190005 Liabilities -- -- -- -- -- -- -- -- -- 23

24 FL152090005 Net worth -- -- -- -- -- -- -- -- -- 24

 Memo:

 Debt securities (line 5) as a percent of

25 FL154022376 Total assets (line 1) -- -- -- -- -- -- -- -- -- 25

26 FL154022386 Financial assets (line 3) -- -- -- -- -- -- -- -- -- 26

 Equity shares (line 14) as a percent of

27 FL153064476 Total assets (line 1) -- -- -- -- -- -- -- -- -- 27

28 FL153064486 Financial assets (line 3) -- -- -- -- -- -- -- -- -- 28

(1) Includes foreign deposits, checkable deposits and currency, time and savings deposits, and money market fund shares.

(2) Defined contribution plans. Assets held by defined benefit pension funds are not considered assets of the household sector. Defined benefit pension entitlements are included in line 22.

(3) Other (line 22) includes proprietor’s equity in noncorporate business, defined benefit plan pension entitlements, asset of defined contribution pension plans and mutual funds not included above.
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B.101.f Balance Sheet of Domestic Hedge Funds (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL622000623 Assets -- -- -- -- -- -- -- -- -- 1

 2 FL625035003 Nonfinancial assets (real estate) -- -- -- -- -- -- -- -- -- 2

 3 FL624090005 Financial assets -- -- -- -- -- -- -- -- -- 3

 4 FL623091003 Foreign currency -- -- -- -- -- -- -- -- -- 4

 5 FL623039003 Deposits -- -- -- -- -- -- -- -- -- 5

 6 FL623039013 Other cash and cash equivalents -- -- -- -- -- -- -- -- -- 6

 7 FL623034003 Money market fund shares -- -- -- -- -- -- -- -- -- 7

 8 FL622051003 Security repurchase agreements -- -- -- -- -- -- -- -- -- 8

 9 LM624022005 Debt securities -- -- -- -- -- -- -- -- -- 9

10 LM623061103 Treasury securities -- -- -- -- -- -- -- -- -- 10

11 LM623061703 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- -- 11

12 LM623062003 Municipal securities -- -- -- -- -- -- -- -- -- 12

13 LM623063003 Corporate and foreign bonds -- -- -- -- -- -- -- -- -- 13

14 FL623069005 Loans -- -- -- -- -- -- -- -- -- 14

15 FL623069503 Leveraged loans -- -- -- -- -- -- -- -- -- 15

16 FL623069003 Other loans -- -- -- -- -- -- -- -- -- 16

17 LM623064103 Corporate equities -- -- -- -- -- -- -- -- -- 17

18 LM623064203 Mutual fund shares -- -- -- -- -- -- -- -- -- 18

19 FL623093005 Miscellaneous assets -- -- -- -- -- -- -- -- -- 19

20 FL624190005 Liabilities -- -- -- -- -- -- -- -- -- 20

21 FL622151005 Security repurchase agreements -- -- -- -- -- -- -- -- -- 21

22 FL622151013 Domestic institutions -- -- -- -- -- -- -- -- -- 22

23 FL622151063 Foreign institutions -- -- -- -- -- -- -- -- -- 23

24 FL624123005 Loans -- -- -- -- -- -- -- -- -- 24

25 FL624123035 Secured borrowing via prime brokerage -- -- -- -- -- -- -- -- -- 25

26 FL623167003 From domestic institutions -- -- -- -- -- -- -- -- -- 26

27 FL623169533 From foreign institutions -- -- -- -- -- -- -- -- -- 27

28 FL624123015 Other secured borrowing -- -- -- -- -- -- -- -- -- 28

29 FL623168013 From domestic institutions -- -- -- -- -- -- -- -- -- 29

30 FL623169513 From foreign institutions -- -- -- -- -- -- -- -- -- 30

31 FL623168023 Unsecured borrowing -- -- -- -- -- -- -- -- -- 31

32 FL623193005 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 32

 Memo:

33 FL622000003 Total net assets -- -- -- -- -- -- -- -- -- 33

34 FL623098003 Derivatives (2) -- -- -- -- -- -- -- -- -- 34

(1) Data begin 2012:Q4. Includes only hedge funds domiciled in the United States as reported on SEC forms ADV and PF.

(2) Long exposure of derivatives.
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L.132.c Central Clearing Counterparties (1)

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL504090025 Total financial assets -- -- -- -- -- -- -- -- -- 1

 2 FL503020025 Checkable deposits and currency -- -- -- -- -- -- -- -- -- 2

 3 FL713129003 Federal Reserve deposits -- -- -- -- -- -- -- -- -- 3

 4 FL503020023 Other -- -- -- -- -- -- -- -- -- 4

 5 FL503034023 Money market fund shares -- -- -- -- -- -- -- -- -- 5

 6 FL502051023 Security repurchase agreements -- -- -- -- -- -- -- -- -- 6

 7 FL503061123 Treasury securities -- -- -- -- -- -- -- -- -- 7

 8 FL503093023 Miscellaneous assets -- -- -- -- -- -- -- -- -- 8

 9 FL504190025 Total liabilities -- -- -- -- -- -- -- -- -- 9

10 FL503169023 Other loans and advances (2) -- -- -- -- -- -- -- -- -- 10

11 FL503169123 Commercial paper -- -- -- -- -- -- -- -- -- 11

12 FL503193023 Miscellaneous liabilities -- -- -- -- -- -- -- -- -- 12

(1) Included in Other Financial Business sector, table L.132.

(2) Clearing fund contributions listed on table L.216.
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F.4.g Gross Fixed Investment (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA885019005 Gross fixed investment (by type) -- -- -- -- -- -- -- -- -- 1

 2 FA885019065 Structures -- -- -- -- -- -- -- -- -- 2

 3 FA885019025 Equipment -- -- -- -- -- -- -- -- -- 3

 4 FA885013075 Intellectual Property Products -- -- -- -- -- -- -- -- -- 4

 5 FA885013035 Software -- -- -- -- -- -- -- -- -- 5

 6 FA885013045 Research and development -- -- -- -- -- -- -- -- -- 6

 7 FA835013051 Entertainment, literary, and artistic originals -- -- -- -- -- -- -- -- -- 7

 8 FA105013893 Miscellaneous adjustments (2) -- -- -- -- -- -- -- -- -- 8

 9 FA885019005 Gross fixed investment (by sector) -- -- -- -- -- -- -- -- -- 9

10 FA155019005 Households and nonprofit organizations -- -- -- -- -- -- -- -- -- 10

11 FA105019085 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 11

12 FA115019085 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 12

13 FA315019001 Federal government -- -- -- -- -- -- -- -- -- 13

14 FA215019001 State and local governments -- -- -- -- -- -- -- -- -- 14

15 FA795013005 Domestic financial sectors (3) -- -- -- -- -- -- -- -- -- 15

16 FA715013005 Monetary authority -- -- -- -- -- -- -- -- -- 16

17 FA705013005 Private depository institutions -- -- -- -- -- -- -- -- -- 17

18 FA765013005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 18

19 FA755013005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 19

20 FA745013005 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 20

21 FA475013005 Credit unions -- -- -- -- -- -- -- -- -- 21

22 FA515013005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 22

23 FA545013005 Life insurance companies -- -- -- -- -- -- -- -- -- 23

24 FA575013005 Private pension funds -- -- -- -- -- -- -- -- -- 24

25 FA225013005 State and local government employee retirement funds -- -- -- -- -- -- -- -- -- 25

26 FA405013005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 26

27 FA675013025 ABS issuers -- -- -- -- -- -- -- -- -- 27

28 FA615013005 Finance companies -- -- -- -- -- -- -- -- -- 28

29 FA665013005 Security brokers and dealers -- -- -- -- -- -- -- -- -- 29

30 FA735013005 Holding companies -- -- -- -- -- -- -- -- -- 30

 Memo:

31 FA155111003 Consumer durable goods (4) -- -- -- -- -- -- -- -- -- 31

32 FA145020005 Inventories (5) -- -- -- -- -- -- -- -- -- 32

(1) Private gross fixed investment is from BEA, NIPA table 5.2.5. Structures is from BEA, NIPA table 5.4.5. Equipment is from BEA, NIPA table 5.5.5. Intellectual Property Products

 is from BEA, NIPA table 5.6.5. Government gross fixed investment is from BEA, NIPA table 3.9.5.

(2) Calculated as the difference between gross fixed investment in BEA’s NIPA and gross fixed investment in BEA’s fixed assets accounts (FAA); the latter are used to estimate

 stocks of fixed assets for balance sheets. For the minor definitional differences between the two estimates of gross fixed investment, see the

 BEA FAA web page https://apps.bea.gov/iTable/index_FA.cfm.

(3) Domestic financial subsector detail are based on FRB staff estimates.

(4) Consumer durable goods are not included above, consistent with their treatment in the NIPAs. In Financial Accounts, however, consumer durables are included in household

 sector fixed investment (table F.101, line 14).

(5) Inventories are not included above but are part of nonfinancial business gross investment (table F.4, lines 25 and 26).
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F.4.c Consumption of Fixed Capital

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA886300095 Consumption of fixed capital (by type) -- -- -- -- -- -- -- -- -- 1

 2 FA886300065 Structures -- -- -- -- -- -- -- -- -- 2

 3 FA886300025 Equipment -- -- -- -- -- -- -- -- -- 3

 4 FA886330075 Intellectual Property Products -- -- -- -- -- -- -- -- -- 4

 5 FA886330035 Software -- -- -- -- -- -- -- -- -- 5

 6 FA886330045 Research and development -- -- -- -- -- -- -- -- -- 6

 7 FA836330053 Entertainment, literary, and artistic originals -- -- -- -- -- -- -- -- -- 7

 8 FA366300095 Miscellaneous government adjustements (1) -- -- -- -- -- -- -- -- -- 8

 9 FA886300095 Consumption of fixed capital (by sector) -- -- -- -- -- -- -- -- -- 9

10 FA156300003 Households and nonprofit organizations -- -- -- -- -- -- -- -- -- 10

11 FA106300011 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 11

12 FA116300001 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 12

13 FA316300001 Federal government -- -- -- -- -- -- -- -- -- 13

14 FA216300001 State and local governments -- -- -- -- -- -- -- -- -- 14

15 FA796330005 Domestic financial sectors (2) -- -- -- -- -- -- -- -- -- 15

16 FA716330005 Monetary authority -- -- -- -- -- -- -- -- -- 16

17 FA706330005 Private depository institutions -- -- -- -- -- -- -- -- -- 17

18 FA766330005 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 18

19 FA756330005 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 19

20 FA746330005 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 20

21 FA476330005 Credit unions -- -- -- -- -- -- -- -- -- 21

22 FA516330005 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 22

23 FA546330005 Life insurance companies -- -- -- -- -- -- -- -- -- 23

24 FA576330005 Private pension funds -- -- -- -- -- -- -- -- -- 24

25 FA226330005 State and local government employee retirement funds -- -- -- -- -- -- -- -- -- 25

26 FA406330005 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 26

27 FA676330023 ABS issuers -- -- -- -- -- -- -- -- -- 27

28 FA616330005 Finance companies -- -- -- -- -- -- -- -- -- 28

29 FA666330005 Security brokers and dealers -- -- -- -- -- -- -- -- -- 29

30 FA736330005 Holding companies -- -- -- -- -- -- -- -- -- 30

 Memo:

31 FA156300103 Consumer durable goods (3) -- -- -- -- -- -- -- -- -- 31

(1) Calculated as the difference between consumption of fixed capital in BEA’s NIPA and consumption of fixed capital in BEA’s fixed assets accounts (FAA); the latter are used to estimate.

(2) Domestic financial subsector detail are based on FRB staff estimates.

(3) Consumer durable goods are not included above, consistent with their treatment in the NIPAs. In Financial Accounts, consumer durables are included in household

 sector capital expenditures.
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F.4.f Net Fixed Investment

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FA885015005 Net fixed investment (by type) -- -- -- -- -- -- -- -- -- 1

 2 FA885019665 Structures -- -- -- -- -- -- -- -- -- 2

 3 FA885019265 Equipment -- -- -- -- -- -- -- -- -- 3

 4 FA885013765 Intellectual Property Products -- -- -- -- -- -- -- -- -- 4

 5 FA885013365 Software -- -- -- -- -- -- -- -- -- 5

 6 FA885013465 Research and development -- -- -- -- -- -- -- -- -- 6

 7 FA835013565 Entertainment, literary, and artistic originals -- -- -- -- -- -- -- -- -- 7

 8 FA105013893 Miscellaneous adjustments (1) -- -- -- -- -- -- -- -- -- 8

 9 FA365015095 Miscellaneous government adjustements (2) -- -- -- -- -- -- -- -- -- 9

10 FA885015005 Net fixed investment (by sector) -- -- -- -- -- -- -- -- -- 10

11 FA155015005 Households and nonprofit organizations -- -- -- -- -- -- -- -- -- 11

12 FA105015085 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 12

13 FA115015005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 13

14 FA315015005 Federal government -- -- -- -- -- -- -- -- -- 14

15 FA215015005 State and local governments -- -- -- -- -- -- -- -- -- 15

16 FA795015085 Domestic financial sectors (3) -- -- -- -- -- -- -- -- -- 16

17 FA715013865 Monetary authority -- -- -- -- -- -- -- -- -- 17

18 FA705013865 Private depository institutions -- -- -- -- -- -- -- -- -- 18

19 FA765013865 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 19

20 FA755013865 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 20

21 FA745013865 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 21

22 FA475013865 Credit unions -- -- -- -- -- -- -- -- -- 22

23 FA515013865 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 23

24 FA545013865 Life insurance companies -- -- -- -- -- -- -- -- -- 24

25 FA575013865 Private pension funds -- -- -- -- -- -- -- -- -- 25

26 FA225013865 State and local government employee retirement funds -- -- -- -- -- -- -- -- -- 26

27 FA405013865 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 27

28 FA675013263 ABS issuers -- -- -- -- -- -- -- -- -- 28

29 FA615013865 Finance companies -- -- -- -- -- -- -- -- -- 29

30 FA665013865 Security brokers and dealers -- -- -- -- -- -- -- -- -- 30

31 FA735013865 Holding companies -- -- -- -- -- -- -- -- -- 31

 Memo:

32 FA155111005 Consumer durable goods (4) -- -- -- -- -- -- -- -- -- 32

(1) Included in nonfinancial corporate business sector gross fixed investment, line 11.

(2) Calculated as the difference between net fixed investment in BEA’s NIPA and net fixed investment in BEA’s fixed assets accounts (FAA); the latter are used to estimate.

(3) Domestic financial subsector detail are based on FRB staff estimates.

(4) Consumer durable goods are not included above, consistent with their treatment in the NIPAs. In Financial Accounts, consumer durables are included in household sector

 capital expenditures.
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L.4.s Net Stocks of Fixed Assets, current cost

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

2020 2021 2022 2023 2023 2024

 Q1 Q2 Q3 Q4 Q1

 1 FL885019865 Net stocks (by type) -- -- -- -- -- -- -- -- -- 1

 2 FL885019665 Structures -- -- -- -- -- -- -- -- -- 2

 3 FL885019265 Equipment -- -- -- -- -- -- -- -- -- 3

 4 FL885013765 Intellectual Property Products -- -- -- -- -- -- -- -- -- 4

 5 FL885013365 Software -- -- -- -- -- -- -- -- -- 5

 6 FL885013465 Research and development -- -- -- -- -- -- -- -- -- 6

 7 FL835013565 Entertainment, literary, and artistic originals -- -- -- -- -- -- -- -- -- 7

 8 FL885019865 Net stocks (by sector) -- -- -- -- -- -- -- -- -- 8

 9 FL155015015 Households and nonprofit organizations -- -- -- -- -- -- -- -- -- 9

10 FL105015085 Nonfinancial corporate business -- -- -- -- -- -- -- -- -- 10

11 FL115015005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- -- 11

12 FL315015005 Federal government -- -- -- -- -- -- -- -- -- 12

13 FL215015005 State and local governments -- -- -- -- -- -- -- -- -- 13

14 FL795013865 Domestic financial sectors (1) -- -- -- -- -- -- -- -- -- 14

15 FL715013865 Monetary authority -- -- -- -- -- -- -- -- -- 15

16 FL705013865 Private depository institutions -- -- -- -- -- -- -- -- -- 16

17 FL765013865 U.S.-chartered depository institutions -- -- -- -- -- -- -- -- -- 17

18 FL755013865 Foreign banking offices in U.S. -- -- -- -- -- -- -- -- -- 18

19 FL745013865 Banks in U.S.-affiliated areas -- -- -- -- -- -- -- -- -- 19

20 FL475013865 Credit unions -- -- -- -- -- -- -- -- -- 20

21 FL515013865 Property-casualty insurance companies -- -- -- -- -- -- -- -- -- 21

22 FL545013865 Life insurance companies -- -- -- -- -- -- -- -- -- 22

23 FL575013865 Private pension funds -- -- -- -- -- -- -- -- -- 23

24 FL225013865 State and local government employee retirement funds -- -- -- -- -- -- -- -- -- 24

25 FL405013865 Government-sponsored enterprises -- -- -- -- -- -- -- -- -- 25

26 FL675013263 ABS issuers -- -- -- -- -- -- -- -- -- 26

27 FL615013865 Finance companies -- -- -- -- -- -- -- -- -- 27

28 FL665013865 Security brokers and dealers -- -- -- -- -- -- -- -- -- 28

29 FL735013865 Holding companies -- -- -- -- -- -- -- -- -- 29

 Memo:

30 FL155111005 Consumer durable goods (2) -- -- -- -- -- -- -- -- -- 30

31 FL145020005 Inventories (3) -- -- -- -- -- -- -- -- -- 31

(1) Domestic financial subsector detail are based on FRB staff estimates.

(2) Consumer durable goods are not included above, consistent with their treatment in the NIPAs. In Financial Accounts, consumer durables are included in household sector fixed investment

 (table B.101, line 8).

(3) Not included above.
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S.1.a Total Economy - Current Account

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

 1 FA896902505 Gross value added -- -- -- -- -- -- -- -- 1

 (income approach)

 2 FA886300091 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 2

 3 FA896902601 Equals: Net value added -- -- -- -- -- -- -- -- 3

 4 FA896025001 Compensation of employees (paid) -- -- -- -- -- -- -- -- 4

 5 FA896020001 Wages and salaries -- -- -- -- -- -- -- -- 5

 6 FA896401001 Employers’ social contributions -- -- -- -- -- -- -- -- 6

 7 FA896240101 Taxes on production and imports less subsidies -- -- -- -- -- -- -- -- 7

 8 FA896402101 Operating surplus, net -- -- -- -- -- -- -- -- 8

 9 FA266904095 Plus: Income receipts from the rest of the world -- -- -- -- -- -- -- -- 9

10 FA266904195 Less: Income payments to the rest of the world -- -- -- -- -- -- -- -- 10

11 FA896140001 Equals: Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 11

12 FA896402101 Operating surplus, net -- -- -- -- -- -- -- -- 12

13 FA156025105 Compensation of employees (received) -- -- -- -- -- -- -- -- 13

14 FA156020101 Wages and salaries -- -- -- -- -- -- -- -- 14

15 FA156401101 Employers’ social contributions -- -- -- -- -- -- -- -- 15

16 FA896240001 Taxes on production and imports, receivable -- -- -- -- -- -- -- -- 16

17 FA366402015 Subsidies paid -- -- -- -- -- -- -- -- 17

18 FA896150105 Property income (received) -- -- -- -- -- -- -- -- 18

19 FA896130101 Interest -- -- -- -- -- -- -- -- 19

20 FA896120105 Distributed income of corporations -- -- -- -- -- -- -- -- 20

21 FA896121101 Dividends -- -- -- -- -- -- -- -- 21

22 FA156122101 Withdrawals from income of quasi-corporations -- -- -- -- -- -- -- -- 22

23 FA893092201 Reinvested earnings on U.S. direct investment abroad -- -- -- -- -- -- -- -- 23

24 FA896112101 Rents on land and natural resources -- -- -- -- -- -- -- -- 24

25 FA896150005 Less: Uses of property income (paid) -- -- -- -- -- -- -- -- 25

26 FA896130001 Interest -- -- -- -- -- -- -- -- 26

27 FA896120005 Distributed income of corporations -- -- -- -- -- -- -- -- 27

28 FA896121001 Dividends -- -- -- -- -- -- -- -- 28

29 FA896122001 Withdrawals from income of quasi-corporations -- -- -- -- -- -- -- -- 29

30 FA893192201 Reinvested earnings on foreign direct investment -- -- -- -- -- -- -- -- 30

31 FA896112001 Rents on land and natural resources -- -- -- -- -- -- -- -- 31

32 FA896140001 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 32

33 FA896220001 Plus: Current taxes on income, wealth, etc. (received) -- -- -- -- -- -- -- -- 33

34 FA896220005 Less: Current taxes on income, wealth, etc. (paid) -- -- -- -- -- -- -- -- 34

35 FA896404105 Plus: Social benefits (received) -- -- -- -- -- -- -- -- 35

36 FA896404005 Less: Social contributions (paid) -- -- -- -- -- -- -- -- 36

37 FA896403105 Plus: Other current transfers (received) -- -- -- -- -- -- -- -- 37

38 FA896403005 Less: Other current transfers (paid) -- -- -- -- -- -- -- -- 38

39 FA896012005 Equals: Disposable income, net -- -- -- -- -- -- -- -- 39

40 FA896901001 Less: Final consumption expenditures -- -- -- -- -- -- -- -- 40

41 FA896006001 Equals: Net saving -- -- -- -- -- -- -- -- 41

 Addendum:

42 FA896902505 Gross value added (line 1) -- -- -- -- -- -- -- -- 42

43 FA087005995 Plus statistical discrepancy (NIPA) -- -- -- -- -- -- -- -- 43

44 FA086902005 Equals: GDP (NIPA, expenditure approach) -- -- -- -- -- -- -- -- 44

45 FA086902203 Average of GDP and GDI -- -- -- -- -- -- -- -- 45

46 FA087005086 Statistical discrepancy as a percentage of GDP -- -- -- -- -- -- -- -- 46
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S.2.a Selected Aggregates for Total Economy and Sectors

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

 1 FA896902505 Gross value added -- -- -- -- -- -- -- -- 1

 2 FA156902505 Households and nonprofit institutions serving households -- -- -- -- -- -- -- -- 2

 3 FA116902505 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- 3

 4 FA106902501 Nonfinancial corporate business -- -- -- -- -- -- -- -- 4

 5 FA796902505 Financial business -- -- -- -- -- -- -- -- 5

 6 FA316902505 Federal government -- -- -- -- -- -- -- -- 6

 7 FA216902505 State and local government -- -- -- -- -- -- -- -- 7

 8 FA896006001 Net saving -- -- -- -- -- -- -- -- 8

 9 FA156006005 Households and nonprofit institutions serving households -- -- -- -- -- -- -- -- 9

10 FA106012095 Nonfinancial corporate business -- -- -- -- -- -- -- -- 10

11 FA796012095 Financial business -- -- -- -- -- -- -- -- 11

12 FA316006085 Federal government -- -- -- -- -- -- -- -- 12

13 FA216006095 State and local government -- -- -- -- -- -- -- -- 13

 Net capital transfers

14 FA155440005 Households and nonprofit institutions serving households -- -- -- -- -- -- -- -- 14

15 FA115440005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- 15

16 FA105440005 Nonfinancial corporate business -- -- -- -- -- -- -- -- 16

17 FA795440005 Financial business -- -- -- -- -- -- -- -- 17

18 FA315440005 Federal government -- -- -- -- -- -- -- -- 18

19 FA215440005 State and local government -- -- -- -- -- -- -- -- 19

20 FA265440005 Rest of the world -- -- -- -- -- -- -- -- 20

21 FA885019005 Gross fixed capital formation -- -- -- -- -- -- -- -- 21

22 FA155019005 Households and nonprofit institutions serving households -- -- -- -- -- -- -- -- 22

23 FA115019085 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- 23

24 FA105019085 Nonfinancial corporate business -- -- -- -- -- -- -- -- 24

25 FA795013005 Financial business (nonresidential) -- -- -- -- -- -- -- -- 25

26 FA315019001 Federal government -- -- -- -- -- -- -- -- 26

27 FA215019001 State and local government -- -- -- -- -- -- -- -- 27

28 FA886300095 Consumption of fixed capital -- -- -- -- -- -- -- -- 28

29 FA156300003 Households and nonprofit institutions serving households -- -- -- -- -- -- -- -- 29

30 FA116300001 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- 30

31 FA106300003 Nonfinancial corporate business -- -- -- -- -- -- -- -- 31

32 FA796330081 Financial business (nonresidential) -- -- -- -- -- -- -- -- 32

33 FA316300001 Federal government -- -- -- -- -- -- -- -- 33

34 FA216300001 State and local government -- -- -- -- -- -- -- -- 34

35 FA145020005 Change in inventories -- -- -- -- -- -- -- -- 35

36 FA115020005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- 36

37 FA105020005 Nonfinancial corporate business -- -- -- -- -- -- -- -- 37

38 FA885000985 Net lending (+) or net borrowing (-) (capital account) -- -- -- -- -- -- -- -- 38

39 FA155000905 Households and nonprofit institutions serving households -- -- -- -- -- -- -- -- 39

40 FA115000905 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- 40

41 FA105000905 Nonfinancial corporate business -- -- -- -- -- -- -- -- 41

42 FA795000995 Financial business -- -- -- -- -- -- -- -- 42

43 FA315000995 Federal government -- -- -- -- -- -- -- -- 43

44 FA215000995 State and local government -- -- -- -- -- -- -- -- 44

 Addendum:

45 FA087005995 Statistical discrepancy (NIPA) -- -- -- -- -- -- -- -- 45

46 FA265000905 Rest of the world -- -- -- -- -- -- -- -- 46

47 FA885000005 Net lending (+) or net borrowing (-) (financial account) -- -- -- -- -- -- -- -- 47

48 FA155000005 Households and nonprofit institutions serving households -- -- -- -- -- -- -- -- 48

49 FA115000005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- 49

50 FA105000005 Nonfinancial corporate business -- -- -- -- -- -- -- -- 50

51 FA795000005 Financial business -- -- -- -- -- -- -- -- 51

52 FA315000005 Federal government -- -- -- -- -- -- -- -- 52

53 FA215000005 State and local government -- -- -- -- -- -- -- -- 53

 Addendum:

54 FA265000005 Rest of the world -- -- -- -- -- -- -- -- 54

 Total other volume changes

55 FV158090185 Households and nonprofit institutions serving households -- -- -- -- -- -- -- -- 55

56 FV118090105 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- 56

57 FV108090105 Nonfinancial corporate business -- -- -- -- -- -- -- -- 57

58 FV798090185 Financial business -- -- -- -- -- -- -- -- 58

59 FV318090185 Federal government -- -- -- -- -- -- -- -- 59

60 FV218090185 State and local government -- -- -- -- -- -- -- -- 60

61 FV268090185 Rest of the world -- -- -- -- -- -- -- -- 61

 Holding gains/losses

62 FR158200095 Households and nonprofit institutions serving households -- -- -- -- -- -- -- -- 62

63 FR118200005 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- 63

64 FR108200005 Nonfinancial corporate business -- -- -- -- -- -- -- -- 64

65 FR798200005 Financial business -- -- -- -- -- -- -- -- 65

66 FR318200005 Federal government -- -- -- -- -- -- -- -- 66

67 FR218200005 State and local government -- -- -- -- -- -- -- -- 67

68 FR265000005 Rest of the world -- -- -- -- -- -- -- -- 68
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S.2.a Selected Aggregates for Total Economy and Sectors

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

 Change in net worth

69 FC152090005 Households and nonprofit institutions serving households -- -- -- -- -- -- -- -- 69

70 FC112090095 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- 70

71 FC102090095 Nonfinancial corporate business -- -- -- -- -- -- -- -- 71

72 FC792090095 Financial business -- -- -- -- -- -- -- -- 72

73 FC312090095 Federal government -- -- -- -- -- -- -- -- 73

74 FC212090095 State and local government -- -- -- -- -- -- -- -- 74

75 FC262090095 Rest of the world -- -- -- -- -- -- -- -- 75

 Net worth

76 FL152090005 Households and nonprofit institutions serving households -- -- -- -- -- -- -- -- 76

77 FL112090095 Nonfinancial noncorporate business -- -- -- -- -- -- -- -- 77

78 FL102090095 Nonfinancial corporate business -- -- -- -- -- -- -- -- 78

79 FL792090095 Financial business -- -- -- -- -- -- -- -- 79

80 FL312090095 Federal government -- -- -- -- -- -- -- -- 80

81 FL212090095 State and local government -- -- -- -- -- -- -- -- 81

82 FL262090095 Rest of the world -- -- -- -- -- -- -- -- 82
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S.3.a Households and Nonprofit Institutions Serving Households

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

 Current account

 1 FA156902505 Gross value added -- -- -- -- -- -- -- -- 1

 2 FA156300003 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 2

 3 FA156902605 Equals: Net value added -- -- -- -- -- -- -- -- 3

 4 FA156025005 Compensation paid by households and NPISHs -- -- -- -- -- -- -- -- 4

 5 FA156020001 Wages and salaries -- -- -- -- -- -- -- -- 5

 6 FA156401001 Employers’ social contributions -- -- -- -- -- -- -- -- 6

 7 FA156240101 Taxes on production and imports less subsidies -- -- -- -- -- -- -- -- 7

 8 FA156402101 Operating surplus, net -- -- -- -- -- -- -- -- 8

 9 FA156140005 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 9

10 FA156402101 Operating surplus, net -- -- -- -- -- -- -- -- 10

11 FA156025105 Compensation of employees (received) -- -- -- -- -- -- -- -- 11

12 FA156020101 Wages and salaries -- -- -- -- -- -- -- -- 12

13 FA156401101 Employers’ social contributions -- -- -- -- -- -- -- -- 13

14 FA156150105 Property income (received) -- -- -- -- -- -- -- -- 14

15 FA156130101 Interest -- -- -- -- -- -- -- -- 15

16 FA156120105 Distributed income of corporations -- -- -- -- -- -- -- -- 16

17 FA156121101 Dividends -- -- -- -- -- -- -- -- 17

18 FA156122101 Withdrawals from income of quasi-corporations (1) -- -- -- -- -- -- -- -- 18

19 FA156130001 Less: Uses of property income (interest paid) -- -- -- -- -- -- -- -- 19

20 FA156140005 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 20

21 FA156220001 Less: Current taxes on income, wealth, etc. (paid) -- -- -- -- -- -- -- -- 21

22 FA156404105 Plus: Social benefits (received) -- -- -- -- -- -- -- -- 22

23 FA156600001 Less: Social contributions (paid) -- -- -- -- -- -- -- -- 23

24 FA156403101 Plus: Other current transfers (received) -- -- -- -- -- -- -- -- 24

25 FA156403001 Less: Other current transfers (paid) -- -- -- -- -- -- -- -- 25

26 FA156012095 Equals: Disposable income, net -- -- -- -- -- -- -- -- 26

27 FA156901001 Less: Final consumption expenditures -- -- -- -- -- -- -- -- 27

28 FA156006005 Equals: Net saving -- -- -- -- -- -- -- -- 28

 Capital account

29 FA156006315 Net saving less capital transfers -- -- -- -- -- -- -- -- 29

30 FA156006005 Net saving -- -- -- -- -- -- -- -- 30

31 FA155440005 Less: Capital transfers paid (net) -- -- -- -- -- -- -- -- 31

32 FA155050905 Capital formation, net -- -- -- -- -- -- -- -- 32

33 FA155019005 Gross fixed capital formation, excluding consumer durables -- -- -- -- -- -- -- -- 33

34 FA155012005 Residential -- -- -- -- -- -- -- -- 34

35 FA165013005 Nonresidential (nonprofit organizations) -- -- -- -- -- -- -- -- 35

36 FA156300003 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 36

37 FA155420003 Acquisition of nonproduced nonfinancial assets -- -- -- -- -- -- -- -- 37

38 FA155000905 Net lending (+) or borrowing (-), capital account (lines 29-32) -- -- -- -- -- -- -- -- 38

 Financial account

39 FA155000905 Net lending (+) or borrowing (-) (line 38) -- -- -- -- -- -- -- -- 39

40 FA154090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- 40

41 FA154000005 Currency and deposits -- -- -- -- -- -- -- -- 41

42 FA153020005 Currency and transferable deposits -- -- -- -- -- -- -- -- 42

43 FA153030005 Time and savings deposits -- -- -- -- -- -- -- -- 43

44 FA153091003 Foreign deposits -- -- -- -- -- -- -- -- 44

45 FA313131003 Postal savings system deposits -- -- -- -- -- -- -- -- 45

46 FA154022005 Debt securities -- -- -- -- -- -- -- -- 46

47 FA153061105 Treasury securities -- -- -- -- -- -- -- -- 47

48 FA153061705 Agency- and GSE-backed securities (2) -- -- -- -- -- -- -- -- 48

49 FA153062005 Municipal securities -- -- -- -- -- -- -- -- 49

50 FA153063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- 50

51 FA154023005 Loans -- -- -- -- -- -- -- -- 51

52 FA154041005 Short term -- -- -- -- -- -- -- -- 52

53 FA153065005 Long term (mortgages) -- -- -- -- -- -- -- -- 53

54 FA153081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 54

55 FA153064105 Corporate equities -- -- -- -- -- -- -- -- 55

56 FA153064205 Mutual fund shares -- -- -- -- -- -- -- -- 56

57 FA153034005 Money market fund shares -- -- -- -- -- -- -- -- 57

58 FA152090205 Equity in noncorporate business -- -- -- -- -- -- -- -- 58

59 FA153094305 Equity investment under Public-Private Inv. Program (3) -- -- -- -- -- -- -- -- 59
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S.3.a Households and Nonprofit Institutions Serving Households

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

60 FA153052005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 60

61 FA153076005 Insurance receivables due from property-casualty insurance companies -- -- -- -- -- -- -- -- 61

62 FA153040005 Life insurance reserves -- -- -- -- -- -- -- -- 62

63 FA153050005 Pension entitlements (4) -- -- -- -- -- -- -- -- 63

64 FA153095105 Non-life insurance reserves at life insurance companies -- -- -- -- -- -- -- -- 64

65 FA313195105 Retiree Health Care Funds -- -- -- -- -- -- -- -- 65

66 FA163096005 Other accounts receivable -- -- -- -- -- -- -- -- 66

67 FA154190005 Net incurrence of liabilities -- -- -- -- -- -- -- -- 67

68 FA163162003 Debt securities (municipals) -- -- -- -- -- -- -- -- 68

69 FA154123005 Loans -- -- -- -- -- -- -- -- 69

70 FA154141005 Short term -- -- -- -- -- -- -- -- 70

71 FA153166000 Consumer credit -- -- -- -- -- -- -- -- 71

72 FA153168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- 72

73 FA153169005 Other loans and advances -- -- -- -- -- -- -- -- 73

74 FA153165005 Long term (mortgages) -- -- -- -- -- -- -- -- 74

75 FA543077073 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 75

76 FA163170005 Other accounts payable (trade debt) -- -- -- -- -- -- -- -- 76

 Addendum:

77 FA155000005 Net lending (+) or borrowing (-), financial account (lines 40-67) -- -- -- -- -- -- -- -- 77

 Other changes in volume account

78 FV158090185 Total other volume changes -- -- -- -- -- -- -- -- 78

79 FU155111005 Net investment in consumer durable goods -- -- -- -- -- -- -- -- 79

80 FV152010005 Disaster losses -- -- -- -- -- -- -- -- 80

81 FV158090085 Other volume changes -- -- -- -- -- -- -- -- 81

82 FU157005045 Less: Statistical discrepancy (lines 38-77) (5) -- -- -- -- -- -- -- -- 82

 Revaluation account

83 FR152010005 Nonfinancial assets -- -- -- -- -- -- -- -- 83

84 FR155035005 Real estate -- -- -- -- -- -- -- -- 84

85 FR165015205 Equipment -- -- -- -- -- -- -- -- 85

86 FR165013765 Intellectual property products -- -- -- -- -- -- -- -- 86

87 FR155111005 Consumer durable goods -- -- -- -- -- -- -- -- 87

88 FR158080095 Financial assets -- -- -- -- -- -- -- -- 88

89 FR154022005 Debt securities -- -- -- -- -- -- -- -- 89

90 FR153064105 Corporate equities -- -- -- -- -- -- -- -- 90

91 FR153064205 Mutual fund shares -- -- -- -- -- -- -- -- 91

92 FR152090205 Equity in noncorporate business -- -- -- -- -- -- -- -- 92

93 FR153094305 Equity investment under Public-Private Inv. Program -- -- -- -- -- -- -- -- 93

94 FR153052045 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 94

95 FR158200095 Changes in net worth due to nominal holding gains/losses -- -- -- -- -- -- -- -- 95

 Changes in balance sheet account

96 FC152090005 Change in net worth (lines 32+38+78+95) -- -- -- -- -- -- -- -- 96

 Balance sheet account (end of period)

97 FL152000005 Total assets -- -- -- -- -- -- -- -- 97

98 LM152010005 Nonfinancial assets -- -- -- -- -- -- -- -- 98

99 LM155035005 Real estate -- -- -- -- -- -- -- -- 99

100 LM155111005 Consumer durable goods -- -- -- -- -- -- -- -- 100

101 LM165015205 Equipment -- -- -- -- -- -- -- -- 101

102 LM165013765 Intellectual property products -- -- -- -- -- -- -- -- 102

103 FL154090005 Financial assets -- -- -- -- -- -- -- -- 103

104 FL154000005 Currency and deposits -- -- -- -- -- -- -- -- 104

105 FL153020005 Currency and transferable deposits -- -- -- -- -- -- -- -- 105

106 LM153091003 Foreign deposits -- -- -- -- -- -- -- -- 106

107 FL153030005 Time and savings deposits -- -- -- -- -- -- -- -- 107

108 FL313131003 Postal savings system deposits -- -- -- -- -- -- -- -- 108
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S.3.a Households and Nonprofit Institutions Serving Households

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

109 LM154022005 Debt securities -- -- -- -- -- -- -- -- 109

110 LM153061105 Treasury securities -- -- -- -- -- -- -- -- 110

111 LM153061705 Agency- and GSE-backed securities (2) -- -- -- -- -- -- -- -- 111

112 LM153062005 Municipal securities -- -- -- -- -- -- -- -- 112

113 LM153063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- 113

114 FL154023005 Loans -- -- -- -- -- -- -- -- 114

115 FL154041005 Short term -- -- -- -- -- -- -- -- 115

116 FL153065005 Long term (mortgages) -- -- -- -- -- -- -- -- 116

117 FL153081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 117

118 LM153064105 Corporate equities -- -- -- -- -- -- -- -- 118

119 LM153064205 Mutual fund shares -- -- -- -- -- -- -- -- 119

120 FL153034005 Money market fund shares -- -- -- -- -- -- -- -- 120

121 LM152090205 Equity in noncorporate business -- -- -- -- -- -- -- -- 121

122 LM153094305 Equity investment under Public-Private Inv. Program (3) -- -- -- -- -- -- -- -- 122

123 FL153052005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 123

124 FL153076005 Insurance receivables due from property-casualty insurance companies -- -- -- -- -- -- -- -- 124

125 FL153040005 Life insurance reserves -- -- -- -- -- -- -- -- 125

126 FL153050005 Pension entitlements (4) -- -- -- -- -- -- -- -- 126

127 FL153095105 Non-life insurance reserves at life insurance companies -- -- -- -- -- -- -- -- 127

128 FL313195105 Retiree Health Care Funds -- -- -- -- -- -- -- -- 128

129 FL163096005 Other accounts receivable -- -- -- -- -- -- -- -- 129

130 FL152100005 Total liabilities and net worth -- -- -- -- -- -- -- -- 130

131 FL154190005 Liabilities -- -- -- -- -- -- -- -- 131

132 FL163162003 Debt securities (municipals) -- -- -- -- -- -- -- -- 132

133 FL154123005 Loans -- -- -- -- -- -- -- -- 133

134 FL154141005 Short term -- -- -- -- -- -- -- -- 134

135 FL153166000 Consumer credit -- -- -- -- -- -- -- -- 135

136 FL153168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- 136

137 FL153169005 Other loans and advances -- -- -- -- -- -- -- -- 137

138 FL153165005 Long term (mortgages) -- -- -- -- -- -- -- -- 138

139 FL543077073 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 139

140 FL163170005 Other accounts payable (trade debt) -- -- -- -- -- -- -- -- 140

141 FL152090005 Net worth -- -- -- -- -- -- -- -- 141

(1) Consists of rental income of tenant-occupied housing and proprietors’ income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;

 they primarily cover their operating costs through sales, and they keep a complete set of financial records.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the 2004:Q4.

(3) Funds invested by financial institutions such as domestic hedge funds through the Public-Private Investment Program (PPIP).

(4) Includes variable annuities, including those in IRAs, at life insurance companies.

(5) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded transactions, and other statistical differences between the capital and financial accounts.
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S.4.a Nonfinancial Noncorporate Business (1)

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

 Current account

 1 FA116902505 Gross value added -- -- -- -- -- -- -- -- 1

 2 FA116300001 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 2

 3 FA116902605 Equals: Net value added -- -- -- -- -- -- -- -- 3

 4 FA116025001 Compensation of employees (paid) -- -- -- -- -- -- -- -- 4

 5 FA116020001 Wages and salaries -- -- -- -- -- -- -- -- 5

 6 FA116401005 Employers’ social contributions -- -- -- -- -- -- -- -- 6

 7 FA116240101 Taxes on production and imports less subsidies -- -- -- -- -- -- -- -- 7

 8 FA116402105 Operating surplus, net -- -- -- -- -- -- -- -- 8

 9 FA116140001 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 9

10 FA116402105 Operating surplus, net -- -- -- -- -- -- -- -- 10

11 FA116130101 Property income (interest received) -- -- -- -- -- -- -- -- 11

12 FA116150005 Less: Uses of property income (paid) -- -- -- -- -- -- -- -- 12

13 FA116130001 Interest -- -- -- -- -- -- -- -- 13

14 FA116122001 Withdrawals from income of quasi-corporations (2) -- -- -- -- -- -- -- -- 14

15 FA113192281 Reinvested earnings on foreign direct investment -- -- -- -- -- -- -- -- 15

16 FA116112001 Rents on land and natural resources -- -- -- -- -- -- -- -- 16

17 FA116140001 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 17

18 FA116403001 Less: Other current transfers (paid) -- -- -- -- -- -- -- -- 18

19 FA116012005 Equals: Disposable income, net -- -- -- -- -- -- -- -- 19

20 FA116012005 Equals: Net saving -- -- -- -- -- -- -- -- 20

 Capital account

21 FA116006305 Net saving less capital transfers -- -- -- -- -- -- -- -- 21

22 FA116012005 Net saving -- -- -- -- -- -- -- -- 22

23 FA115440005 Less: Capital transfers paid (net) -- -- -- -- -- -- -- -- 23

24 FA115050985 Capital formation, net -- -- -- -- -- -- -- -- 24

25 FA115019085 Gross fixed capital formation -- -- -- -- -- -- -- -- 25

26 FA115013085 Nonresidential -- -- -- -- -- -- -- -- 26

27 FA115012005 Residential -- -- -- -- -- -- -- -- 27

28 FA116300001 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 28

29 FA115020005 Change in private inventories -- -- -- -- -- -- -- -- 29

30 FA115000905 Net lending (+) or borrowing (-), capital account (lines 21-24) -- -- -- -- -- -- -- -- 30

 Financial account

31 FA115000905 Net lending (+) or borrowing (-) (line 30) -- -- -- -- -- -- -- -- 31

32 FA114090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- 32

33 FA114000005 Currency and deposits -- -- -- -- -- -- -- -- 33

34 FA113020005 Currency and transferable deposits -- -- -- -- -- -- -- -- 34

35 FA113030003 Time and savings deposits -- -- -- -- -- -- -- -- 35

36 FA114022005 Debt securities -- -- -- -- -- -- -- -- 36

37 FA113061003 Treasury securities -- -- -- -- -- -- -- -- 37

38 FA113062003 Municipal securities -- -- -- -- -- -- -- -- 38

39 FA114023005 Loans -- -- -- -- -- -- -- -- 39

40 FA113066003 Short term (consumer credit) -- -- -- -- -- -- -- -- 40

41 FA113065005 Long term (mortgages) -- -- -- -- -- -- -- -- 41

42 FA113081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 42

43 FA113034003 Money market fund shares -- -- -- -- -- -- -- -- 43

44 FA113092405 Equity in government-sponsored enterprises (3) -- -- -- -- -- -- -- -- 44

45 FA113076005 Insurance, pension and standardized guarantee schemes (4) -- -- -- -- -- -- -- -- 45

46 FA113096005 Other accounts receivable -- -- -- -- -- -- -- -- 46

47 FA113070003 Trade receivables -- -- -- -- -- -- -- -- 47

48 FA113072003 PPP subsidies receivable -- -- -- -- -- -- -- -- 48

49 FA113093005 Other (miscellaneous assets) -- -- -- -- -- -- -- -- 49

50 FA114194005 Net incurrence of liabilities -- -- -- -- -- -- -- -- 50

51 FA114135005 Loans -- -- -- -- -- -- -- -- 51

52 FA114141005 Short term -- -- -- -- -- -- -- -- 52

53 FA113168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- 53

54 FA113169005 Other loans and advances -- -- -- -- -- -- -- -- 54

55 FA114142005 Long term -- -- -- -- -- -- -- -- 55

56 FA113165005 Mortgages -- -- -- -- -- -- -- -- 56

57 FA115114305 Foreign direct investment in the U.S.: debt -- -- -- -- -- -- -- -- 57
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S.4.a Nonfinancial Noncorporate Business (1)

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

58 FA113181005 Equity and investment fund shares -- -- -- -- -- -- -- -- 58

59 FA112090205 Equity in noncorporate business -- -- -- -- -- -- -- -- 59

60 FA115114103 Foreign direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 60

61 FA113196005 Other accounts payable -- -- -- -- -- -- -- -- 61

62 FA113170005 Trade payables -- -- -- -- -- -- -- -- 62

63 FA113178003 Taxes payable -- -- -- -- -- -- -- -- 63

64 FA113193003 Other (miscellaneous liabilities) -- -- -- -- -- -- -- -- 64

 Addendum:

65 FA115000005 Net lending (+) or borrowing (-), financial account (lines 32-50) -- -- -- -- -- -- -- -- 65

 Other changes in volume account

66 FV118090105 Total other volume changes -- -- -- -- -- -- -- -- 66

67 FV112010005 Disaster losses -- -- -- -- -- -- -- -- 67

68 FV118090085 Other volume changes -- -- -- -- -- -- -- -- 68

 Revaluation account

69 FR112010005 Nonfinancial assets -- -- -- -- -- -- -- -- 69

70 FR115035005 Real estate -- -- -- -- -- -- -- -- 70

71 FR115035023 Residential -- -- -- -- -- -- -- -- 71

72 FR115035035 Nonresidential -- -- -- -- -- -- -- -- 72

73 FR115015205 Equipment -- -- -- -- -- -- -- -- 73

74 FR115012265 Residential -- -- -- -- -- -- -- -- 74

75 FR115013265 Nonresidential -- -- -- -- -- -- -- -- 75

76 FR115013765 Intellectual property products -- -- -- -- -- -- -- -- 76

77 FR115020005 Inventories -- -- -- -- -- -- -- -- 77

78 FR114022005 Financial assets (debt securities) -- -- -- -- -- -- -- -- 78

79 FR114190085 Liabilities -- -- -- -- -- -- -- -- 79

80 FR115114305 Direct investment in the U.S.: debt -- -- -- -- -- -- -- -- 80

81 FR112090205 Equity in noncorporate business -- -- -- -- -- -- -- -- 81

82 FR115114103 Direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 82

83 FR118200005 Changes in net worth due to nominal holding gains/losses -- -- -- -- -- -- -- -- 83

 Changes in balance sheet account

84 FC112090095 Change in net worth (lines 24+30+66+83) -- -- -- -- -- -- -- -- 84

 Balance sheet account (end of period)

85 FL112000005 Total assets -- -- -- -- -- -- -- -- 85

86 LM112010005 Nonfinancial assets -- -- -- -- -- -- -- -- 86

87 LM115035005 Real estate -- -- -- -- -- -- -- -- 87

88 LM115035023 Residential (5) -- -- -- -- -- -- -- -- 88

89 LM115035035 Nonresidential -- -- -- -- -- -- -- -- 89

90 LM115015205 Equipment -- -- -- -- -- -- -- -- 90

91 LM115012265 Residential -- -- -- -- -- -- -- -- 91

92 LM115013265 Nonresidential -- -- -- -- -- -- -- -- 92

93 LM115013765 Intellectual property products -- -- -- -- -- -- -- -- 93

94 LM115020005 Inventories -- -- -- -- -- -- -- -- 94

95 FL114090005 Financial assets -- -- -- -- -- -- -- -- 95

96 FL114000005 Currency and deposits -- -- -- -- -- -- -- -- 96

97 FL113020005 Currency and transferable deposits -- -- -- -- -- -- -- -- 97

98 FL113030003 Time and savings deposits -- -- -- -- -- -- -- -- 98

99 LM114022005 Debt securities -- -- -- -- -- -- -- -- 99

100 LM113061003 Treasury securities -- -- -- -- -- -- -- -- 100

101 LM113062003 Municipal securities -- -- -- -- -- -- -- -- 101

102 FL114023005 Loans -- -- -- -- -- -- -- -- 102

103 FL113066003 Short term (consumer credit) -- -- -- -- -- -- -- -- 103

104 FL113065005 Long term (mortgages) -- -- -- -- -- -- -- -- 104

105 FL113081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 105

106 FL113034003 Money market fund shares -- -- -- -- -- -- -- -- 106

107 FL113092405 Equity in government-sponsored enterprises (3) -- -- -- -- -- -- -- -- 107

108 FL113076005 Insurance, pension and standardized guarantee schemes (4) -- -- -- -- -- -- -- -- 108
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S.4.a Nonfinancial Noncorporate Business (1)

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

109 FL113096005 Other accounts receivable -- -- -- -- -- -- -- -- 109

110 FL113070003 Trade receivables -- -- -- -- -- -- -- -- 110

111 FL113072003 PPP subsidies receivable -- -- -- -- -- -- -- -- 111

112 FL113093005 Other (miscellaneous assets) -- -- -- -- -- -- -- -- 112

113 FL112100005 Total liabilities and net worth -- -- -- -- -- -- -- -- 113

114 FL114194005 Liabilities -- -- -- -- -- -- -- -- 114

115 FL114135005 Loans -- -- -- -- -- -- -- -- 115

116 FL114141005 Short term -- -- -- -- -- -- -- -- 116

117 FL113168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- 117

118 FL113169005 Other loans and advances -- -- -- -- -- -- -- -- 118

119 FL114142005 Long term -- -- -- -- -- -- -- -- 119

120 FL113165005 Mortgages -- -- -- -- -- -- -- -- 120

121 FL115114305 Foreign direct investment in the U.S.: debt -- -- -- -- -- -- -- -- 121

122 LM113181005 Equity and investment fund shares -- -- -- -- -- -- -- -- 122

123 LM112090205 Equity in noncorporate business -- -- -- -- -- -- -- -- 123

124 LM115114103 Foreign direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 124

125 FL113196005 Other accounts payable -- -- -- -- -- -- -- -- 125

126 FL113170005 Trade payables -- -- -- -- -- -- -- -- 126

127 FL113178003 Taxes payable -- -- -- -- -- -- -- -- 127

128 FL113193003 Other (miscellaneous liabilities) -- -- -- -- -- -- -- -- 128

129 FL112090095 Net worth -- -- -- -- -- -- -- -- 129

(1) Estimates for 2000 and earlier periods are based on the 1987 Standard Industrial Classification System; later estimates are based on the North American Classification System.

(2) Consists of rental income of tenant-occupied housing and proprietors’ income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;

 they primarily cover their operating costs through sales, and they keep a complete set of financial records.

(3) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in 2004:Q4.

(4) Net equity in reserves of property-casualty insurance companies.

(5) Farm houses are included in the household sector.
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S.5.a Nonfinancial Corporate Business (1)

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

 Current account

 1 FA106902501 Gross value added -- -- -- -- -- -- -- -- 1

 2 FA106300003 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 2

 3 FA106902605 Equals: Net value added -- -- -- -- -- -- -- -- 3

 4 FA106025005 Compensation of employees (paid) -- -- -- -- -- -- -- -- 4

 5 FA106020001 Wages and salaries -- -- -- -- -- -- -- -- 5

 6 FA106401001 Employers’ social contributions -- -- -- -- -- -- -- -- 6

 7 FA106240101 Taxes on production and imports less subsidies -- -- -- -- -- -- -- -- 7

 8 FA106402101 Operating surplus, net -- -- -- -- -- -- -- -- 8

 9 FA106140005 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 9

10 FA106402101 Operating surplus, net -- -- -- -- -- -- -- -- 10

11 FA106150105 Property income (received) -- -- -- -- -- -- -- -- 11

12 FA106130101 Interest -- -- -- -- -- -- -- -- 12

13 FA106121101 Distributed income of corporations (dividends) -- -- -- -- -- -- -- -- 13

14 FA103092201 Reinvested earnings on U.S. direct investment abroad -- -- -- -- -- -- -- -- 14

15 FA106150005 Less: Uses of property income (paid) -- -- -- -- -- -- -- -- 15

16 FA106130001 Interest -- -- -- -- -- -- -- -- 16

17 FA106121001 Distributed income of corporations (dividends) -- -- -- -- -- -- -- -- 17

18 FA103192201 Reinvested earnings on foreign direct investment -- -- -- -- -- -- -- -- 18

19 FA106112001 Rent -- -- -- -- -- -- -- -- 19

20 FA106140005 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 20

21 FA106220001 Less: Current taxes on income, wealth, etc. (paid) -- -- -- -- -- -- -- -- 21

22 FA106403001 Less: Other current transfers (paid) -- -- -- -- -- -- -- -- 22

23 FA106012095 Equals: Disposable income, net -- -- -- -- -- -- -- -- 23

24 FA106012095 Equals: Net saving -- -- -- -- -- -- -- -- 24

 Capital account

25 FA106006385 Net saving less capital transfers -- -- -- -- -- -- -- -- 25

26 FA106012095 Net saving -- -- -- -- -- -- -- -- 26

27 FA105440005 Less: Capital transfers paid (net) -- -- -- -- -- -- -- -- 27

28 FA105050985 Capital formation, net -- -- -- -- -- -- -- -- 28

 Gross fixed capital formation (acquisition of

29 FA105019085 produced nonfinancial assets) -- -- -- -- -- -- -- -- 29

30 FA106300003 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 30

31 FA105420095 Acquisition of nonproduced nonfinancial assets -- -- -- -- -- -- -- -- 31

32 FA105020005 Change in private inventories -- -- -- -- -- -- -- -- 32

33 FA105000905 Net lending (+) or borrowing (-), capital account (lines 25-28) -- -- -- -- -- -- -- -- 33

 Financial account

34 FA105000905 Net lending (+) or borrowing (-) (line 33) -- -- -- -- -- -- -- -- 34

35 FA104090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- 35

36 FA104000005 Currency and deposits -- -- -- -- -- -- -- -- 36

37 FA103020005 Currency and transferable deposits -- -- -- -- -- -- -- -- 37

38 FA103030003 Time and savings deposits -- -- -- -- -- -- -- -- 38

39 FA103091003 Foreign deposits -- -- -- -- -- -- -- -- 39

40 FA104022005 Debt securities -- -- -- -- -- -- -- -- 40

41 FA103069100 Open market paper -- -- -- -- -- -- -- -- 41

42 FA103061103 Treasury securities -- -- -- -- -- -- -- -- 42

43 FA103061703 Agency- and GSE-backed securities (2) -- -- -- -- -- -- -- -- 43

44 FA103062003 Municipal securities -- -- -- -- -- -- -- -- 44

45 FA123063003 Corporate and foreign bonds (held by equity REITs) -- -- -- -- -- -- -- -- 45

46 FA104035005 Loans -- -- -- -- -- -- -- -- 46

47 FA104041005 Short term -- -- -- -- -- -- -- -- 47

48 FA104042005 Long term -- -- -- -- -- -- -- -- 48

49 FA103081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 49

50 FA103034000 Money market fund shares -- -- -- -- -- -- -- -- 50

51 FA103064103 Corporate equities -- -- -- -- -- -- -- -- 51

52 FA103064203 Mutual fund shares -- -- -- -- -- -- -- -- 52

53 FA103092105 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- 53

54 FA103092405 Equity in government-sponsored enterprises (2) -- -- -- -- -- -- -- -- 54

55 FA103076005 Insurance, pension and standardized guarantee schemes (3) -- -- -- -- -- -- -- -- 55
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S.5.a Nonfinancial Corporate Business (1)

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

56 FA103096005 Other accounts receivable -- -- -- -- -- -- -- -- 56

57 FA103070005 Trade receivables -- -- -- -- -- -- -- -- 57

58 FA103072005 PPP subsidies receivable -- -- -- -- -- -- -- -- 58

59 FA103094705 Other investment in finance company subsidiaries -- -- -- -- -- -- -- -- 59

60 FA103093005 Other (miscellaneous assets) -- -- -- -- -- -- -- -- 60

61 FA104194005 Net incurrence of liabilities -- -- -- -- -- -- -- -- 61

62 FA104122005 Debt securities -- -- -- -- -- -- -- -- 62

63 FA103169100 Open market paper -- -- -- -- -- -- -- -- 63

64 FA103162000 Municipal securities -- -- -- -- -- -- -- -- 64

65 FA103163005 Corporate bonds -- -- -- -- -- -- -- -- 65

66 FA104135005 Loans -- -- -- -- -- -- -- -- 66

67 FA104141005 Short term -- -- -- -- -- -- -- -- 67

68 FA103168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- 68

69 FA103169005 Other loans and advances -- -- -- -- -- -- -- -- 69

70 FA104142005 Long term -- -- -- -- -- -- -- -- 70

71 FA103165005 Mortgages -- -- -- -- -- -- -- -- 71

72 FA103192305 Foreign direct investment in the U.S.: debt -- -- -- -- -- -- -- -- 72

73 FA103181005 Equity and investment fund shares -- -- -- -- -- -- -- -- 73

74 FA103164105 Corporate equities -- -- -- -- -- -- -- -- 74

75 FA103192105 Foreign direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 75

76 FA103152025 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 76

77 FA573074005 Pension fund contributions payable -- -- -- -- -- -- -- -- 77

78 FA573073005 Claim of pension fund on sponsor -- -- -- -- -- -- -- -- 78

79 FA103196005 Other accounts payable -- -- -- -- -- -- -- -- 79

80 FA103170005 Trade payables -- -- -- -- -- -- -- -- 80

81 FA103178005 Taxes payable -- -- -- -- -- -- -- -- 81

82 FA103193005 Miscellaneous liabilities -- -- -- -- -- -- -- -- 82

 Addendum:

83 FA105000005 Net lending (+) or borrowing (-), financial account (lines 35-60) -- -- -- -- -- -- -- -- 83

 Other changes in volume account

84 FV108090105 Total other volume changes -- -- -- -- -- -- -- -- 84

85 FV102010005 Disaster losses -- -- -- -- -- -- -- -- 85

86 FV108090085 Other volume changes -- -- -- -- -- -- -- -- 86

87 FU107005045 Less: Statistical discrepancy (lines 33-82) (4) -- -- -- -- -- -- -- -- 87

88 FU105020601 Less: Inventory valuation adjustment -- -- -- -- -- -- -- -- 88

 Revaluation account

89 FR102010005 Nonfinancial assets -- -- -- -- -- -- -- -- 89

90 FR105035005 Real estate -- -- -- -- -- -- -- -- 90

91 FR105015205 Equipment -- -- -- -- -- -- -- -- 91

92 FR105013765 Intellectual property products -- -- -- -- -- -- -- -- 92

93 FR105020015 Inventories -- -- -- -- -- -- -- -- 93

94 FR108080095 Financial assets -- -- -- -- -- -- -- -- 94

95 FR104022005 Debt securities -- -- -- -- -- -- -- -- 95

96 FR103092305 Direct investment abroad: debt -- -- -- -- -- -- -- -- 96

97 FR103064103 Corporate equities -- -- -- -- -- -- -- -- 97

98 FR103064203 Mutual fund shares -- -- -- -- -- -- -- -- 98

99 FR103092105 Direct investment abroad: equity -- -- -- -- -- -- -- -- 99

100 FR103093005 Other accounts receivable (miscellaneous assets) -- -- -- -- -- -- -- -- 100

101 FR104190085 Liabilities -- -- -- -- -- -- -- -- 101

102 FR103192305 Foreign direct investment in the U.S.: debt -- -- -- -- -- -- -- -- 102

103 FR103164105 Corporate equity -- -- -- -- -- -- -- -- 103

104 FR103192105 Foreign direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 104

105 FR103152025 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 105

106 FR103193005 Other accounts payable (miscellaneous liabilities) -- -- -- -- -- -- -- -- 106

107 FR108200005 Changes in net worth due to nominal holding gains/losses -- -- -- -- -- -- -- -- 107

 Changes in balance sheet account

108 FC102090095 Change in net worth (lines 28+33+83+106) (5) -- -- -- -- -- -- -- -- 108

 Balance sheet account (end of period)

109 FL102000005 Total assets -- -- -- -- -- -- -- -- 109
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S.5.a Nonfinancial Corporate Business (1)

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

110 LM102010005 Nonfinancial assets (6) -- -- -- -- -- -- -- -- 110

111 LM105035005 Real estate -- -- -- -- -- -- -- -- 111

112 LM105015205 Equipment -- -- -- -- -- -- -- -- 112

113 LM105013765 Intellectual property products -- -- -- -- -- -- -- -- 113

114 LM105020015 Inventories -- -- -- -- -- -- -- -- 114

115 FL104090005 Financial assets -- -- -- -- -- -- -- -- 115

116 FL104000005 Currency and deposits -- -- -- -- -- -- -- -- 116

117 FL103020005 Currency and transferable deposits -- -- -- -- -- -- -- -- 117

118 FL103030003 Time and savings deposits -- -- -- -- -- -- -- -- 118

119 FL103091003 Foreign deposits -- -- -- -- -- -- -- -- 119

120 LM104022005 Debt securities -- -- -- -- -- -- -- -- 120

121 FL103069100 Open market paper -- -- -- -- -- -- -- -- 121

122 LM103061103 Treasury securities -- -- -- -- -- -- -- -- 122

123 LM103061703 Agency- and GSE-backed securities (2) -- -- -- -- -- -- -- -- 123

124 LM103062003 Municipal securities -- -- -- -- -- -- -- -- 124

125 LM123063003 Corporate and foreign bonds (held by equity REITs) -- -- -- -- -- -- -- -- 125

126 FL104035005 Loans -- -- -- -- -- -- -- -- 126

127 FL104041005 Short term -- -- -- -- -- -- -- -- 127

128 FL102051003 Security repurchases -- -- -- -- -- -- -- -- 128

129 FL103066005 Consumer credit -- -- -- -- -- -- -- -- 129

130 FL104042005 Long term -- -- -- -- -- -- -- -- 130

131 FL103065005 Mortgages -- -- -- -- -- -- -- -- 131

132 FL103092305 U.S. direct investment abroad: debt -- -- -- -- -- -- -- -- 132

133 FL103081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 133

134 FL103034000 Money market fund shares -- -- -- -- -- -- -- -- 134

135 LM103064103 Corporate equities -- -- -- -- -- -- -- -- 135

136 LM103064203 Mutual fund shares -- -- -- -- -- -- -- -- 136

137 LM103092105 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- 137

138 FL103092405 Equity in government-sponsored enterprises (2) -- -- -- -- -- -- -- -- 138

139 FL103076005 Insurance, pension and standardized guarantee schemes (3) -- -- -- -- -- -- -- -- 139

140 FL103096005 Other accounts receivable -- -- -- -- -- -- -- -- 140

141 FL103070005 Trade receivables -- -- -- -- -- -- -- -- 141

142 FL103072005 PPP subsidies receivable -- -- -- -- -- -- -- -- 142

143 FL103094705 Other investment in finance company subsidiaries -- -- -- -- -- -- -- -- 143

144 FL103093005 Other (miscellaneous assets) -- -- -- -- -- -- -- -- 144

145 FL102100085 Total liabilities and net worth -- -- -- -- -- -- -- -- 145

146 FL104194005 Liabilities -- -- -- -- -- -- -- -- 146

147 FL104122005 Debt securities -- -- -- -- -- -- -- -- 147

148 FL103169100 Open market paper -- -- -- -- -- -- -- -- 148

149 FL103162000 Municipal securities -- -- -- -- -- -- -- -- 149

150 FL103163005 Corporate bonds -- -- -- -- -- -- -- -- 150

151 FL104135005 Loans -- -- -- -- -- -- -- -- 151

152 FL104141005 Short term -- -- -- -- -- -- -- -- 152

153 FL103168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- 153

154 FL103169005 Other loans and advances -- -- -- -- -- -- -- -- 154

155 FL104142005 Long term -- -- -- -- -- -- -- -- 155

156 FL103165005 Mortgages -- -- -- -- -- -- -- -- 156

157 LM103192305 Foreign direct investment in the U.S.: debt -- -- -- -- -- -- -- -- 157

158 FL103181005 Equity and investment fund shares -- -- -- -- -- -- -- -- 158

159 LM103164105 Corporate equity -- -- -- -- -- -- -- -- 159

160 FL103192105 Foreign direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 160

161 FL103152025 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 161

162 FL573074005 Pension fund contributions payable -- -- -- -- -- -- -- -- 162

163 FL573073005 Claim of pension fund on sponsor -- -- -- -- -- -- -- -- 163

164 FL103196005 Other accounts payable -- -- -- -- -- -- -- -- 164

165 FL103170005 Trade payables -- -- -- -- -- -- -- -- 165

166 FL103178005 Taxes payable -- -- -- -- -- -- -- -- 166

167 FL103193005 Miscellaneous liabilities -- -- -- -- -- -- -- -- 167

168 FL102090095 Net worth -- -- -- -- -- -- -- -- 168

(1) Estimates for 2000 and earlier periods are based on the 1987 Standard Industrial Classification System; later estimates are based on the North American Classification System.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in 2004:Q4.

(3) Net equity in reserves of property-casualty insurance companies.

(4) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded transactions, and other statistical differences between the capital and financial accounts.

(5) Includes changes in the market value of shares and other equity that are excluded from the related measures for the nonfinancial corporate business sector in the Financial Accounts of the United States.

(6) Excludes nonproduced nonfinancial assets.
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S.6.a Financial Business (1)

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

 Current account

 1 FA796902505 Gross value added -- -- -- -- -- -- -- -- 1

 2 FA796330081 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 2

 3 FA796902605 Equals: Net value added -- -- -- -- -- -- -- -- 3

 4 FA796025005 Compensation of employees (paid) -- -- -- -- -- -- -- -- 4

 5 FA796020001 Wages and salaries -- -- -- -- -- -- -- -- 5

 6 FA796401001 Employers’ social contributions -- -- -- -- -- -- -- -- 6

 7 FA796240101 Taxes on production and imports less subsidies -- -- -- -- -- -- -- -- 7

 8 FA796402101 Operating surplus, net -- -- -- -- -- -- -- -- 8

 9 FA796140005 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 9

10 FA796402101 Operating surplus, net -- -- -- -- -- -- -- -- 10

11 FA796150105 Property income (received) -- -- -- -- -- -- -- -- 11

12 FA796130101 Interest -- -- -- -- -- -- -- -- 12

13 FA796121101 Distributed income of corporations (dividends) -- -- -- -- -- -- -- -- 13

14 FA793092281 Reinvested earnings on U.S. direct investment abroad -- -- -- -- -- -- -- -- 14

15 FA796150005 Less: Uses of property income (paid) -- -- -- -- -- -- -- -- 15

16 FA796130001 Interest -- -- -- -- -- -- -- -- 16

17 FA796120005 Distributed income of corporations -- -- -- -- -- -- -- -- 17

18 FA796121001 Dividends -- -- -- -- -- -- -- -- 18

19 FA796122001 Withdrawals from income of quasi-corporations (2) -- -- -- -- -- -- -- -- 19

20 FA793192281 Reinvested earnings on foreign direct investment -- -- -- -- -- -- -- -- 20

21 FA796112001 Rents on land and natural resources -- -- -- -- -- -- -- -- 21

22 FA796140005 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 22

23 FA796220001 Less: Current taxes on income, wealth, etc. (paid) -- -- -- -- -- -- -- -- 23

24 FA796403005 Less: Other current transfers (paid) -- -- -- -- -- -- -- -- 24

25 FA796012095 Equals: Disposable income, net -- -- -- -- -- -- -- -- 25

26 FA796012095 Equals: Net saving -- -- -- -- -- -- -- -- 26

 Capital account

27 FA796006385 Net saving less capital transfers -- -- -- -- -- -- -- -- 27

28 FA796012095 Net saving -- -- -- -- -- -- -- -- 28

29 FA795440005 Less: Capital transfers paid (net) -- -- -- -- -- -- -- -- 29

30 FA795015085 Capital formation, net -- -- -- -- -- -- -- -- 30

31 FA795013005 Gross fixed capital formation (nonresidential) -- -- -- -- -- -- -- -- 31

32 FA796330081 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 32

33 FA795000995 Net lending (+) or borrowing (-), capital account (lines 27-30) -- -- -- -- -- -- -- -- 33

 Financial account

34 FA795000995 Net lending (+) or borrowing (-) (line 33) -- -- -- -- -- -- -- -- 34

35 FA794090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- 35

36 FA713011203 Monetary gold -- -- -- -- -- -- -- -- 36

37 FA794000005 Currency and deposits -- -- -- -- -- -- -- -- 37

38 FA794022005 Debt securities -- -- -- -- -- -- -- -- 38

39 FA793069175 Open market paper -- -- -- -- -- -- -- -- 39

40 FA793061105 Treasury securities -- -- -- -- -- -- -- -- 40

41 FA793061705 Agency- and GSE-backed securities (3) -- -- -- -- -- -- -- -- 41

42 FA793062005 Municipal securities -- -- -- -- -- -- -- -- 42

43 FA793063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- 43

44 FA794035005 Loans -- -- -- -- -- -- -- -- 44

45 FA794041005 Short term -- -- -- -- -- -- -- -- 45

46 FA794042005 Long term -- -- -- -- -- -- -- -- 46

47 FA793081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 47

48 FA793064105 Corporate equities -- -- -- -- -- -- -- -- 48

49 FA793064205 Mutual fund shares -- -- -- -- -- -- -- -- 49

50 FA793034005 Money market fund shares -- -- -- -- -- -- -- -- 50

51 FA793092405 Equity in government-sponsored enterprises (3) -- -- -- -- -- -- -- -- 51

52 FA793092105 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- 52

53 FA713164003 Stock in Federal Reserve Banks -- -- -- -- -- -- -- -- 53

54 FA793094605 Equity investment in subsidiaries -- -- -- -- -- -- -- -- 54

55 FA793052005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 55

56 FA793096005 Other accounts receivable -- -- -- -- -- -- -- -- 56
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S.6.a Financial Business (1)

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

57 FA794194005 Net incurrence of liabilities -- -- -- -- -- -- -- -- 57

58 FA794100005 Currency and deposits -- -- -- -- -- -- -- -- 58

59 FA794122005 Debt securities -- -- -- -- -- -- -- -- 59

60 FA423161705 Agency- and GSE-backed securities (3) -- -- -- -- -- -- -- -- 60

61 FA793163005 Corporate bonds -- -- -- -- -- -- -- -- 61

62 FA793169175 Commercial paper -- -- -- -- -- -- -- -- 62

63 FA794135005 Loans -- -- -- -- -- -- -- -- 63

64 FA794141005 Short term -- -- -- -- -- -- -- -- 64

65 FA793192305 Long term -- -- -- -- -- -- -- -- 65

66 FA793181005 Equity and investment fund shares -- -- -- -- -- -- -- -- 66

67 FA634090005 Money market fund shares -- -- -- -- -- -- -- -- 67

68 FA793164105 Corporate equity issues -- -- -- -- -- -- -- -- 68

69 FA653164205 Mutual fund shares -- -- -- -- -- -- -- -- 69

70 FA403192405 Equity in government-sponsored enterprises (3) -- -- -- -- -- -- -- -- 70

71 FA793192105 Foreign direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 71

72 FA662090003 Equity in noncorporate business -- -- -- -- -- -- -- -- 72

73 FA793194605 Equity investment by parent -- -- -- -- -- -- -- -- 73

74 FA713164005 Equity in Federal Reserve Banks -- -- -- -- -- -- -- -- 74

75 FA503194205 Equity investment in Federal Reserve facilities -- -- -- -- -- -- -- -- 75

76 FA583152005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 76

77 FA793196005 Other accounts payable -- -- -- -- -- -- -- -- 77

 Addendum:

78 FA795000005 Net lending (+) or borrowing (-), financial account (lines 35-57) -- -- -- -- -- -- -- -- 78

 Other changes in volume account

79 FV798090185 Total other volume changes -- -- -- -- -- -- -- -- 79

80 FV795013865 Disaster losses -- -- -- -- -- -- -- -- 80

81 FV798090085 Other volume changes -- -- -- -- -- -- -- -- 81

82 FU797005045 Less: Statistical discrepancy (lines 33-78) (4) -- -- -- -- -- -- -- -- 82

 Revaluation account

83 FR795013865 Nonfinancial assets -- -- -- -- -- -- -- -- 83

84 FR795013665 Structures (nonresidential) -- -- -- -- -- -- -- -- 84

85 FR795013265 Equipment -- -- -- -- -- -- -- -- 85

86 FR795013765 Intellectual property products -- -- -- -- -- -- -- -- 86

87 FR794090085 Financial assets -- -- -- -- -- -- -- -- 87

88 FR794022005 Debt securities -- -- -- -- -- -- -- -- 88

89 FR793092305 U.S. direct investment abroad: debt -- -- -- -- -- -- -- -- 89

90 FR793064105 Corporate equities -- -- -- -- -- -- -- -- 90

91 FR793064205 Mutual fund shares -- -- -- -- -- -- -- -- 91

92 FR793092105 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- 92

93 FR593052025 Insurance, pension, and standardized guarantee schemes -- -- -- -- -- -- -- -- 93

94 FR794190085 Liabilities -- -- -- -- -- -- -- -- 94

95 FR793192305 Foreign direct investment in the U.S.: debt -- -- -- -- -- -- -- -- 95

96 FR793164105 Corporate equity issues -- -- -- -- -- -- -- -- 96

97 FR653164205 Mutual fund shares -- -- -- -- -- -- -- -- 97

98 FR793192105 Foreign direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 98

99 FR662090003 Equity in noncorporate business -- -- -- -- -- -- -- -- 99

100 FR793194605 Equity investment by parent -- -- -- -- -- -- -- -- 100

101 FR583152005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 101

102 FR798200005 Changes in net worth due to nominal holding gains/losses -- -- -- -- -- -- -- -- 102

 Changes in balance sheet account

103 FC792090095 Change in net worth (lines 30+33+79+102) -- -- -- -- -- -- -- -- 103

 Balance sheet account (end of period)

104 FL792000095 Total assets -- -- -- -- -- -- -- -- 104

105 LM795013865 Nonfinancial assets (5) -- -- -- -- -- -- -- -- 105

106 LM795013665 Structures (nonresidential) -- -- -- -- -- -- -- -- 106

107 LM795013265 Equipment -- -- -- -- -- -- -- -- 107

108 LM795013765 Intellectual property products -- -- -- -- -- -- -- -- 108
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S.6.a Financial Business (1)

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

109 FL794090005 Financial assets -- -- -- -- -- -- -- -- 109

110 FL713011203 Monetary gold -- -- -- -- -- -- -- -- 110

111 FL794000005 Currency and deposits -- -- -- -- -- -- -- -- 111

112 FL794022005 Debt securities -- -- -- -- -- -- -- -- 112

113 FL793069175 Open market paper -- -- -- -- -- -- -- -- 113

114 FL793061105 Treasury securities -- -- -- -- -- -- -- -- 114

115 FL793061705 Agency- and GSE-backed securities (3) -- -- -- -- -- -- -- -- 115

116 FL793062005 Municipal securities -- -- -- -- -- -- -- -- 116

117 FL793063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- 117

118 FL794035005 Loans -- -- -- -- -- -- -- -- 118

119 FL794041005 Short term -- -- -- -- -- -- -- -- 119

120 FL794042005 Long term -- -- -- -- -- -- -- -- 120

121 FL793081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 121

122 LM793064105 Corporate equities -- -- -- -- -- -- -- -- 122

123 LM793064205 Mutual fund shares -- -- -- -- -- -- -- -- 123

124 FL793034005 Money market fund shares -- -- -- -- -- -- -- -- 124

125 FL793092405 Equity in government-sponsored enterprises (3) -- -- -- -- -- -- -- -- 125

126 LM793092105 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- 126

127 FL713164003 Stock in Federal Reserve Banks -- -- -- -- -- -- -- -- 127

128 FL793094605 Equity investment in subsidiaries -- -- -- -- -- -- -- -- 128

129 FL793052005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 129

130 FL793096005 Other accounts receivable -- -- -- -- -- -- -- -- 130

131 FL792100005 Total liabilities and net worth -- -- -- -- -- -- -- -- 131

132 FL794194005 Liabilities -- -- -- -- -- -- -- -- 132

133 FL794100005 Currency and deposits -- -- -- -- -- -- -- -- 133

134 FL794122005 Debt securities -- -- -- -- -- -- -- -- 134

135 FL423161705 Agency- and GSE-backed securities (3) -- -- -- -- -- -- -- -- 135

136 FL793163005 Corporate bonds -- -- -- -- -- -- -- -- 136

137 FL793169175 Commercial paper -- -- -- -- -- -- -- -- 137

138 FL794135005 Loans -- -- -- -- -- -- -- -- 138

139 FL794141005 Short term -- -- -- -- -- -- -- -- 139

140 FL793192305 Long term -- -- -- -- -- -- -- -- 140

141 FL793181005 Equity and investment fund shares -- -- -- -- -- -- -- -- 141

142 FL634090005 Money market fund shares -- -- -- -- -- -- -- -- 142

143 LM793164105 Corporate equity issues -- -- -- -- -- -- -- -- 143

144 LM653164205 Mutual fund shares -- -- -- -- -- -- -- -- 144

145 FL403192405 Equity in government-sponsored enterprises (3) -- -- -- -- -- -- -- -- 145

146 LM793192105 Foreign direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 146

147 LM662090003 Equity in noncorporate business -- -- -- -- -- -- -- -- 147

148 FL793194605 Equity investment by parent -- -- -- -- -- -- -- -- 148

149 FL713164005 Equity in Federal Reserve Banks -- -- -- -- -- -- -- -- 149

150 FL503194205 Equity investment in Federal Reserve facilities -- -- -- -- -- -- -- -- 150

151 FL583152005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 151

152 FL793196005 Other accounts payable -- -- -- -- -- -- -- -- 152

153 FL792090095 Net worth -- -- -- -- -- -- -- -- 153

(1) Financial business includes depository institutions, insurance companies, pension funds, monetary authority, and other financial institutions.

 Estimates for 2000 and earlier periods are based on the 1987 Standard Industrial Classification System; later estimates are based on the North American Classification System.

(2) Consists of rental income of tenant-occupied housing and proprietors’ income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;

 they primarily cover their operating costs through sales, and they keep a complete set of financial records.

(3) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in 2004:Q4.

(4) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded transactions, and other statistical differences between the capital and financial accounts.

(5) Excludes land. Includes corporate and noncorporate financial business.
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S.61.a Central Bank

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

 Current account

 1 FA716902505 Gross value added -- -- -- -- -- -- -- -- 1

 2 FA716330085 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 2

 3 FA716902605 Equals: Net value added -- -- -- -- -- -- -- -- 3

 4 FA716025005 Compensation of employees (paid) -- -- -- -- -- -- -- -- 4

 5 FA716020001 Wages and salaries -- -- -- -- -- -- -- -- 5

 6 FA716401001 Employers’ social contributions -- -- -- -- -- -- -- -- 6

 7 FA716240101 Taxes on production and imports less subsidies -- -- -- -- -- -- -- -- 7

 8 FA716402101 Operating surplus, net -- -- -- -- -- -- -- -- 8

 9 FA716140005 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 9

10 FA716402101 Operating surplus, net -- -- -- -- -- -- -- -- 10

11 FA716150105 Property income (received) -- -- -- -- -- -- -- -- 11

12 FA716130101 Interest -- -- -- -- -- -- -- -- 12

13 FA716121101 Distributed income of corporations (dividends) -- -- -- -- -- -- -- -- 13

14 FA713092281 Reinvested earnings on U.S. direct investment abroad -- -- -- -- -- -- -- -- 14

15 FA716150005 Less: Uses of property income (paid) -- -- -- -- -- -- -- -- 15

16 FA716130001 Interest -- -- -- -- -- -- -- -- 16

17 FA716120005 Distributed income of corporations -- -- -- -- -- -- -- -- 17

18 FA716121001 Dividends -- -- -- -- -- -- -- -- 18

19 FA716122001 Withdrawals from income of quasi-corporations (1) -- -- -- -- -- -- -- -- 19

20 FA713192281 Reinvested earnings on foreign direct investment -- -- -- -- -- -- -- -- 20

21 FA716112001 Rents on land and natural resources -- -- -- -- -- -- -- -- 21

22 FA716140005 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 22

23 FA716220001 Less: Current taxes on income, wealth, etc. (paid) -- -- -- -- -- -- -- -- 23

24 FA716403001 Less: Other current transfers (paid) -- -- -- -- -- -- -- -- 24

25 FA716012005 Equals: Disposable income, net -- -- -- -- -- -- -- -- 25

26 FA716012005 Equals: Net saving -- -- -- -- -- -- -- -- 26

 Capital account

27 FA716006385 Net saving less capital transfers -- -- -- -- -- -- -- -- 27

28 FA716012005 Net saving -- -- -- -- -- -- -- -- 28

29 FA715440083 Less: Capital transfers paid (net) -- -- -- -- -- -- -- -- 29

30 FA715015085 Capital formation, net -- -- -- -- -- -- -- -- 30

31 FA715013085 Gross fixed capital formation (nonresidential) -- -- -- -- -- -- -- -- 31

32 FA716330085 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 32

33 FA715000995 Net lending (+) or borrowing (-), capital account (lines 27-30) -- -- -- -- -- -- -- -- 33

 Financial account

34 FA715000995 Net lending (+) or borrowing (-) (line 33) -- -- -- -- -- -- -- -- 34

35 FA714090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- 35

36 FA713011203 Monetary gold -- -- -- -- -- -- -- -- 36

37 FA714000005 Currency and deposits -- -- -- -- -- -- -- -- 37

38 FA714022005 Debt securities -- -- -- -- -- -- -- -- 38

39 FA713069603 Open market paper -- -- -- -- -- -- -- -- 39

40 FA713061103 Treasury securities -- -- -- -- -- -- -- -- 40

41 FA713061705 Agency- and GSE-backed securities (2) -- -- -- -- -- -- -- -- 41

42 FA714041005 Loans (short term) -- -- -- -- -- -- -- -- 42

43 FA713064103 Equity shares -- -- -- -- -- -- -- -- 43

44 FA713096105 Other accounts receivable -- -- -- -- -- -- -- -- 44

45 FA714194005 Net incurrence of liabilities -- -- -- -- -- -- -- -- 45

46 FA714100005 Currency and deposits -- -- -- -- -- -- -- -- 46

47 FA712151003 Loans -- -- -- -- -- -- -- -- 47

48 FA713164005 Equity shares -- -- -- -- -- -- -- -- 48

49 FA713193005 Other accounts payable -- -- -- -- -- -- -- -- 49

 Addendum:

50 FA715000005 Net lending (+) or borrowing (-), financial account (lines 35-45) -- -- -- -- -- -- -- -- 50
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Z.1, June 7, 2024 171

S.61.a Central Bank

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

 Other changes in volume account

51 FV718090185 Total other volume changes -- -- -- -- -- -- -- -- 51

52 FV712010095 Disaster losses -- -- -- -- -- -- -- -- 52

53 FV718090085 Other volume changes -- -- -- -- -- -- -- -- 53

54 FU717005045 Less: Statistical discrepancy (lines 33-50) (3) -- -- -- -- -- -- -- -- 54

 Revaluation account

55 FR712010095 Nonfinancial assets -- -- -- -- -- -- -- -- 55

56 FR715013665 Structures (nonresidential) -- -- -- -- -- -- -- -- 56

57 FR715013265 Equipment -- -- -- -- -- -- -- -- 57

58 FR715013765 Intellectual property products -- -- -- -- -- -- -- -- 58

59 FR714022005 Financial assets (debt securities) -- -- -- -- -- -- -- -- 59

60 FR718200005 Changes in net worth due to nominal holding gains/losses -- -- -- -- -- -- -- -- 60

 Changes in balance sheet account

61 FC712090095 Change in net worth (lines 30+33+51+60) -- -- -- -- -- -- -- -- 61

 Balance sheet account (end of period)

62 FL712000095 Total assets -- -- -- -- -- -- -- -- 62

63 LM712010095 Nonfinancial assets (4) -- -- -- -- -- -- -- -- 63

64 LM715013665 Structures (nonresidential) -- -- -- -- -- -- -- -- 64

65 LM715013265 Equipment -- -- -- -- -- -- -- -- 65

66 LM715013765 Intellectual property products -- -- -- -- -- -- -- -- 66

67 FL714090005 Financial assets -- -- -- -- -- -- -- -- 67

68 FL713011203 Monetary gold -- -- -- -- -- -- -- -- 68

69 FL714000005 Currency and deposits -- -- -- -- -- -- -- -- 69

70 LM714022005 Debt securities -- -- -- -- -- -- -- -- 70

71 FL713069603 Open market paper -- -- -- -- -- -- -- -- 71

72 LM713061103 Treasury securities -- -- -- -- -- -- -- -- 72

73 LM713061705 Agency- and GSE-backed securities (2) -- -- -- -- -- -- -- -- 73

74 FL714041005 Loans (short term) -- -- -- -- -- -- -- -- 74

75 FL713064103 Equity shares -- -- -- -- -- -- -- -- 75

76 FL713096105 Other accounts receivable -- -- -- -- -- -- -- -- 76

77 FL712100005 Total liabilities and net worth -- -- -- -- -- -- -- -- 77

78 FL714194005 Liabilities -- -- -- -- -- -- -- -- 78

79 FL714100005 Currency and deposits -- -- -- -- -- -- -- -- 79

80 FL712151003 Loans -- -- -- -- -- -- -- -- 80

81 FL713164005 Equity shares -- -- -- -- -- -- -- -- 81

82 FL713193005 Other accounts payable -- -- -- -- -- -- -- -- 82

83 FL712090095 Net worth -- -- -- -- -- -- -- -- 83

(1) Consists of rental income of tenant-occupied housing and proprietors’ income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;

 they primarily cover their operating costs through sales, and they keep a complete set of financial records.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in 2004:Q4.

(3) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded transactions, and other statistical differences between the capital and financial accounts.

(4) Excludes land.
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S.62.a Private Depository Institutions

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

 Current account

 1 FA706902505 Gross value added -- -- -- -- -- -- -- -- 1

 2 FA706330081 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 2

 3 FA706902605 Equals: Net value added -- -- -- -- -- -- -- -- 3

 4 FA706025005 Compensation of employees (paid) -- -- -- -- -- -- -- -- 4

 5 FA706020001 Wages and salaries -- -- -- -- -- -- -- -- 5

 6 FA706401001 Employers’ social contributions -- -- -- -- -- -- -- -- 6

 7 FA706240101 Taxes on production and imports less subsidies -- -- -- -- -- -- -- -- 7

 8 FA706402101 Operating surplus, net -- -- -- -- -- -- -- -- 8

 9 FA706140005 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 9

10 FA706402101 Operating surplus, net -- -- -- -- -- -- -- -- 10

11 FA706150105 Property income (received) -- -- -- -- -- -- -- -- 11

12 FA706130101 Interest -- -- -- -- -- -- -- -- 12

13 FA706121101 Distributed income of corporations (dividends) -- -- -- -- -- -- -- -- 13

14 FA703092281 Reinvested earnings on U.S. direct investment abroad -- -- -- -- -- -- -- -- 14

15 FA706150005 Less: Uses of property income (paid) -- -- -- -- -- -- -- -- 15

16 FA706130001 Interest -- -- -- -- -- -- -- -- 16

17 FA706120005 Distributed income of corporations -- -- -- -- -- -- -- -- 17

18 FA706121001 Dividends -- -- -- -- -- -- -- -- 18

19 FA706122001 Withdrawals from income of quasi-corporations (1) -- -- -- -- -- -- -- -- 19

20 FA703192281 Reinvested earnings on foreign direct investment -- -- -- -- -- -- -- -- 20

21 FA706112001 Rents on land and natural resources -- -- -- -- -- -- -- -- 21

22 FA706140005 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 22

23 FA706220001 Less: Current taxes on income, wealth, etc. (paid) -- -- -- -- -- -- -- -- 23

24 FA706403001 Less: Other current transfers (paid) -- -- -- -- -- -- -- -- 24

25 FA706012005 Equals: Disposable income, net -- -- -- -- -- -- -- -- 25

26 FA706012005 Equals: Net saving -- -- -- -- -- -- -- -- 26

 Capital account

27 FA706006385 Net saving less capital transfers -- -- -- -- -- -- -- -- 27

28 FA706012005 Net saving -- -- -- -- -- -- -- -- 28

29 FA705440083 Less: Capital transfers paid (net) -- -- -- -- -- -- -- -- 29

30 FA705015085 Capital formation, net -- -- -- -- -- -- -- -- 30

31 FA705013081 Gross fixed capital formation (nonresidential) -- -- -- -- -- -- -- -- 31

32 FA706330081 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 32

33 FA705000995 Net lending (+) or borrowing (-), capital account (lines 27-30) -- -- -- -- -- -- -- -- 33

 Financial account

34 FA705000995 Net lending (+) or borrowing (-) (line 33) -- -- -- -- -- -- -- -- 34

35 FA704090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- 35

36 FA704000005 Currency and deposits -- -- -- -- -- -- -- -- 36

37 FA703025005 Vault cash -- -- -- -- -- -- -- -- 37

38 FA713113003 Reserves at the Federal Reserve -- -- -- -- -- -- -- -- 38

39 FA403197033 Deposits at Federal Home Loan Banks -- -- -- -- -- -- -- -- 39

40 FA704022005 Debt securities -- -- -- -- -- -- -- -- 40

41 FA703069175 Open market paper -- -- -- -- -- -- -- -- 41

42 FA703061105 Treasury securities -- -- -- -- -- -- -- -- 42

43 FA703061705 Agency- and GSE-backed securities (2) -- -- -- -- -- -- -- -- 43

44 FA703062005 Municipal securities -- -- -- -- -- -- -- -- 44

45 FA703063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- 45

46 FA704035005 Loans -- -- -- -- -- -- -- -- 46

47 FA704041005 Short term -- -- -- -- -- -- -- -- 47

48 FA704042005 Long term -- -- -- -- -- -- -- -- 48

49 FA703081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 49

50 FA703064105 Corporate equities -- -- -- -- -- -- -- -- 50

51 FA703064205 Mutual fund shares -- -- -- -- -- -- -- -- 51

52 FA703092405 Equity in government-sponsored enterprises (2) -- -- -- -- -- -- -- -- 52

53 FA763092100 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- 53

54 FA713164003 Stock in Federal Reserve Banks -- -- -- -- -- -- -- -- 54

55 FA763040005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 55

56 FA703096105 Other accounts receivable -- -- -- -- -- -- -- -- 56

57 FA704194005 Net incurrence of liabilities -- -- -- -- -- -- -- -- 57
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Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

58 FA704100005 Currency and deposits -- -- -- -- -- -- -- -- 58

59 FA703127005 Checkable deposits -- -- -- -- -- -- -- -- 59

60 FA703130205 Other deposits -- -- -- -- -- -- -- -- 60

61 FA704122005 Debt securities -- -- -- -- -- -- -- -- 61

62 FA763163005 Corporate bonds -- -- -- -- -- -- -- -- 62

63 FA703169175 Commercial paper -- -- -- -- -- -- -- -- 63

64 FA704135005 Loans -- -- -- -- -- -- -- -- 64

65 FA704141005 Short term -- -- -- -- -- -- -- -- 65

66 FA753192305 Long term (foreign direct investment in the U.S.: debt) -- -- -- -- -- -- -- -- 66

67 FA703181105 Equity and investment fund shares -- -- -- -- -- -- -- -- 67

68 FA763164105 Corporate equity issues -- -- -- -- -- -- -- -- 68

69 FA753192103 Foreign direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 69

70 FA703194605 Equity investment by parent -- -- -- -- -- -- -- -- 70

71 FA703196005 Other accounts payable -- -- -- -- -- -- -- -- 71

 Addendum:

72 FA705000005 Net lending (+) or borrowing (-), financial account (lines 35-57) -- -- -- -- -- -- -- -- 72

 Other changes in volume account

73 FV708090185 Total other volume changes -- -- -- -- -- -- -- -- 73

74 FV702010095 Disaster losses -- -- -- -- -- -- -- -- 74

75 FV708090085 Other volume changes -- -- -- -- -- -- -- -- 75

76 FU707005045 Less: Statistical discrepancy (lines 33-72) (3) -- -- -- -- -- -- -- -- 76

 Revaluation account

77 FR702010095 Nonfinancial assets -- -- -- -- -- -- -- -- 77

78 FR705013665 Structures (nonresidential) -- -- -- -- -- -- -- -- 78

79 FR705013265 Equipment -- -- -- -- -- -- -- -- 79

80 FR705013765 Intellectual property products -- -- -- -- -- -- -- -- 80

81 FR704090085 Financial assets -- -- -- -- -- -- -- -- 81

82 FR704022005 Debt securities -- -- -- -- -- -- -- -- 82

83 FR763092305 U.S. direct investment abroad: debt -- -- -- -- -- -- -- -- 83

84 FR703064105 Corporate equities -- -- -- -- -- -- -- -- 84

85 FR703064205 Mutual fund shares -- -- -- -- -- -- -- -- 85

86 FR763092100 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- 86

87 FR704190085 Liabilities -- -- -- -- -- -- -- -- 87

88 FR753192305 Foreign direct investment in the U.S.: debt -- -- -- -- -- -- -- -- 88

89 FR763164105 Corporate equity issues -- -- -- -- -- -- -- -- 89

90 FR753192103 Foreign direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 90

91 FR703194605 Equity investment by parent -- -- -- -- -- -- -- -- 91

92 FR708200005 Changes in net worth due to nominal holding gains/losses -- -- -- -- -- -- -- -- 92

 Changes in balance sheet account

93 FC702090095 Change in net worth (lines 30+33+73+92) -- -- -- -- -- -- -- -- 93

 Balance sheet account (end of period)

94 FL702000095 Total assets -- -- -- -- -- -- -- -- 94

95 LM702010095 Nonfinancial assets (4) -- -- -- -- -- -- -- -- 95

96 LM705013665 Structures (nonresidential) -- -- -- -- -- -- -- -- 96

97 LM705013265 Equipment -- -- -- -- -- -- -- -- 97

98 LM705013765 Intellectual property products -- -- -- -- -- -- -- -- 98

99 FL704090005 Financial assets -- -- -- -- -- -- -- -- 99

100 FL704000005 Currency and deposits -- -- -- -- -- -- -- -- 100

101 FL703025005 Vault cash -- -- -- -- -- -- -- -- 101

102 FL713113003 Reserves at the Federal Reserve -- -- -- -- -- -- -- -- 102

103 FL403197033 Deposits at Federal Home Loan Banks -- -- -- -- -- -- -- -- 103

104 LM704022005 Debt securities -- -- -- -- -- -- -- -- 104

105 FL703069175 Open market paper -- -- -- -- -- -- -- -- 105

106 LM703061105 Treasury securities -- -- -- -- -- -- -- -- 106

107 LM703061705 Agency- and GSE-backed securities (2) -- -- -- -- -- -- -- -- 107

108 LM703062005 Municipal securities -- -- -- -- -- -- -- -- 108

109 LM703063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- 109
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Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

110 FL704035005 Loans -- -- -- -- -- -- -- -- 110

111 FL704041005 Short term -- -- -- -- -- -- -- -- 111

112 FL704042005 Long term -- -- -- -- -- -- -- -- 112

113 FL703065005 Mortgages -- -- -- -- -- -- -- -- 113

114 FL763092305 U.S. direct investment abroad: debt -- -- -- -- -- -- -- -- 114

115 FL703081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 115

116 LM703064105 Corporate equities -- -- -- -- -- -- -- -- 116

117 LM703064205 Mutual fund shares -- -- -- -- -- -- -- -- 117

118 FL703092405 Equity in government-sponsored enterprises (2) -- -- -- -- -- -- -- -- 118

119 LM763092100 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- 119

120 FL713164003 Stock in Federal Reserve Banks -- -- -- -- -- -- -- -- 120

121 FL763040005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 121

122 FL703096105 Other accounts receivable -- -- -- -- -- -- -- -- 122

123 FL702100005 Total liabilities and net worth -- -- -- -- -- -- -- -- 123

124 FL704194005 Liabilities -- -- -- -- -- -- -- -- 124

125 FL704100005 Currency and deposits -- -- -- -- -- -- -- -- 125

126 FL703127005 Checkable deposits -- -- -- -- -- -- -- -- 126

127 FL703130205 Other deposits -- -- -- -- -- -- -- -- 127

128 FL704122005 Debt securities -- -- -- -- -- -- -- -- 128

129 FL763163005 Corporate bonds -- -- -- -- -- -- -- -- 129

130 FL703169175 Commercial paper -- -- -- -- -- -- -- -- 130

131 FL704135005 Loans -- -- -- -- -- -- -- -- 131

132 FL704141005 Short term -- -- -- -- -- -- -- -- 132

133 FL753192305 Long term (foreign direct investment in the U.S.: debt) -- -- -- -- -- -- -- -- 133

134 FL703181105 Equity and investment fund shares -- -- -- -- -- -- -- -- 134

135 LM763164105 Corporate equity issues -- -- -- -- -- -- -- -- 135

136 LM753192103 Foreign direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 136

137 FL703194605 Equity investment by parent -- -- -- -- -- -- -- -- 137

138 FL703196005 Other accounts payable -- -- -- -- -- -- -- -- 138

139 FL702090095 Net worth -- -- -- -- -- -- -- -- 139

(1) Consists of rental income of tenant-occupied housing and proprietors’ income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;

 they primarily cover their operating costs through sales, and they keep a complete set of financial records.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in 2004:Q4.

(3) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded transactions, and other statistical differences between the capital and financial accounts.

(4) Excludes land.
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S.63.a Insurance Companies

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

 Current account

 1 FA526902505 Gross value added -- -- -- -- -- -- -- -- 1

 2 FA526330081 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 2

 3 FA526902605 Equals: Net value added -- -- -- -- -- -- -- -- 3

 4 FA526025005 Compensation of employees (paid) -- -- -- -- -- -- -- -- 4

 5 FA526020001 Wages and salaries -- -- -- -- -- -- -- -- 5

 6 FA526401001 Employers’ social contributions -- -- -- -- -- -- -- -- 6

 7 FA526240101 Taxes on production and imports less subsidies -- -- -- -- -- -- -- -- 7

 8 FA526402101 Operating surplus, net -- -- -- -- -- -- -- -- 8

 9 FA526140005 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 9

10 FA526402101 Operating surplus, net -- -- -- -- -- -- -- -- 10

11 FA526150105 Property income (received) -- -- -- -- -- -- -- -- 11

12 FA526130101 Interest -- -- -- -- -- -- -- -- 12

13 FA526121101 Distributed income of corporations (dividends) -- -- -- -- -- -- -- -- 13

14 FA523092281 Reinvested earnings on U.S. direct investment abroad -- -- -- -- -- -- -- -- 14

15 FA526150005 Less: Uses of property income (paid) -- -- -- -- -- -- -- -- 15

16 FA526130001 Interest -- -- -- -- -- -- -- -- 16

17 FA526120005 Distributed income of corporations -- -- -- -- -- -- -- -- 17

18 FA526121001 Dividends -- -- -- -- -- -- -- -- 18

19 FA526122001 Withdrawals from income of quasi-corporations (1) -- -- -- -- -- -- -- -- 19

20 FA523192281 Reinvested earnings on foreign direct investment -- -- -- -- -- -- -- -- 20

21 FA526112001 Rents on land and natural resources -- -- -- -- -- -- -- -- 21

22 FA526140005 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 22

23 FA526220001 Less: Current taxes on income, wealth, etc. (paid) -- -- -- -- -- -- -- -- 23

24 FA526403001 Less: Other current transfers (paid) -- -- -- -- -- -- -- -- 24

25 FA526012005 Equals: Disposable income, net -- -- -- -- -- -- -- -- 25

26 FA526012005 Equals: Net saving -- -- -- -- -- -- -- -- 26

 Capital account

27 FA526006385 Net saving less capital transfers -- -- -- -- -- -- -- -- 27

28 FA526012005 Net saving -- -- -- -- -- -- -- -- 28

29 FA525440083 Less: Capital transfers paid (net) -- -- -- -- -- -- -- -- 29

30 FA525015085 Capital formation, net -- -- -- -- -- -- -- -- 30

31 FA525013081 Gross fixed capital formation (nonresidential) -- -- -- -- -- -- -- -- 31

32 FA526330081 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 32

33 FA525000995 Net lending (+) or borrowing (-), capital account (lines 27-30) -- -- -- -- -- -- -- -- 33

 Financial account

34 FA525000995 Net lending (+) or borrowing (-) (line 33) -- -- -- -- -- -- -- -- 34

35 FA524090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- 35

36 FA523020005 Currency and deposits -- -- -- -- -- -- -- -- 36

37 FA524022005 Debt securities -- -- -- -- -- -- -- -- 37

38 FA523069105 Open market paper -- -- -- -- -- -- -- -- 38

39 FA523061105 Treasury securities -- -- -- -- -- -- -- -- 39

40 FA523061705 Agency- and GSE-backed securities (2) -- -- -- -- -- -- -- -- 40

41 FA523062005 Municipal securities -- -- -- -- -- -- -- -- 41

42 FA523063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- 42

43 FA524035005 Loans -- -- -- -- -- -- -- -- 43

44 FA524041005 Short term -- -- -- -- -- -- -- -- 44

45 FA524042005 Long term -- -- -- -- -- -- -- -- 45

46 FA523081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 46

47 FA523064105 Corporate equities -- -- -- -- -- -- -- -- 47

48 FA523064205 Mutual fund shares -- -- -- -- -- -- -- -- 48

49 FA523034005 Money market fund shares -- -- -- -- -- -- -- -- 49

50 FA523092405 Equity in government-sponsored enterprises (2) -- -- -- -- -- -- -- -- 50

51 FA523092105 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- 51

52 FA523052005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 52

53 FA523096005 Other accounts receivable -- -- -- -- -- -- -- -- 53

54 FA524194005 Net incurrence of liabilities -- -- -- -- -- -- -- -- 54

55 FA673090543 Currency and deposits (funding agreements) -- -- -- -- -- -- -- -- 55
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56 FA524135005 Loans -- -- -- -- -- -- -- -- 56

57 FA524141005 Short term -- -- -- -- -- -- -- -- 57

58 FA523192305 Long term (foreign direct investment in the U.S.: debt) -- -- -- -- -- -- -- -- 58

59 FA523181105 Equity and investment fund shares -- -- -- -- -- -- -- -- 59

60 FA523164105 Corporate equity issues -- -- -- -- -- -- -- -- 60

61 FA523192105 Foreign direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 61

62 FA523194605 Equity investment by parent -- -- -- -- -- -- -- -- 62

63 FA523152005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 63

64 FA523196005 Other accounts payable -- -- -- -- -- -- -- -- 64

 Addendum:

65 FA525000005 Net lending (+) or borrowing (-), financial account (lines 35-54) -- -- -- -- -- -- -- -- 65

 Other changes in volume account

66 FV528090185 Total other volume changes -- -- -- -- -- -- -- -- 66

67 FV522010095 Disaster losses -- -- -- -- -- -- -- -- 67

68 FV528090085 Other volume changes -- -- -- -- -- -- -- -- 68

69 FU527005045 Less: Statistical discrepancy (lines 33-65) (3) -- -- -- -- -- -- -- -- 69

 Revaluation account

70 FR522010095 Nonfinancial assets -- -- -- -- -- -- -- -- 70

71 FR525013665 Structures (nonresidential) -- -- -- -- -- -- -- -- 71

72 FR525013265 Equipment -- -- -- -- -- -- -- -- 72

73 FR525013765 Intellectual property products -- -- -- -- -- -- -- -- 73

74 FR524090085 Financial assets -- -- -- -- -- -- -- -- 74

75 FR524022005 Debt securities -- -- -- -- -- -- -- -- 75

76 FR523092305 U.S. direct investment abroad: debt -- -- -- -- -- -- -- -- 76

77 FR523064105 Corporate equities -- -- -- -- -- -- -- -- 77

78 FR523064205 Mutual fund shares -- -- -- -- -- -- -- -- 78

79 FR523092105 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- 79

80 FR524190085 Liabilities -- -- -- -- -- -- -- -- 80

81 FR523192305 Foreign direct investment in the U.S.: debt -- -- -- -- -- -- -- -- 81

82 FR523164105 Corporate equity issues -- -- -- -- -- -- -- -- 82

83 FR523192105 Foreign direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 83

84 FR523194605 Equity investment by parent -- -- -- -- -- -- -- -- 84

85 FR523152005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 85

86 FR528200005 Changes in net worth due to nominal holding gains/losses -- -- -- -- -- -- -- -- 86

 Changes in balance sheet account

87 FC522090095 Change in net worth (lines 30+33+66+86) -- -- -- -- -- -- -- -- 87

 Balance sheet account (end of period)

88 FL522000095 Total assets -- -- -- -- -- -- -- -- 88

89 LM522010095 Nonfinancial assets (4) -- -- -- -- -- -- -- -- 89

90 LM525013665 Structures (nonresidential) -- -- -- -- -- -- -- -- 90

91 LM525013265 Equipment -- -- -- -- -- -- -- -- 91

92 LM525013765 Intellectual property products -- -- -- -- -- -- -- -- 92

93 FL524090005 Financial assets -- -- -- -- -- -- -- -- 93

94 FL523020005 Currency and deposits -- -- -- -- -- -- -- -- 94

95 LM524022005 Debt securities -- -- -- -- -- -- -- -- 95

96 FL523069105 Open market paper -- -- -- -- -- -- -- -- 96

97 LM523061105 Treasury securities -- -- -- -- -- -- -- -- 97

98 LM523061705 Agency- and GSE-backed securities (2) -- -- -- -- -- -- -- -- 98

99 LM523062005 Municipal securities -- -- -- -- -- -- -- -- 99

100 LM523063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- 100

101 FL524035005 Loans -- -- -- -- -- -- -- -- 101

102 FL524041005 Short term -- -- -- -- -- -- -- -- 102

103 FL524042005 Long term -- -- -- -- -- -- -- -- 103

104 FL523065005 Mortgages -- -- -- -- -- -- -- -- 104

105 FL523092305 U.S. direct investment abroad: debt -- -- -- -- -- -- -- -- 105
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Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

106 FL523081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 106

107 LM523064105 Corporate equities -- -- -- -- -- -- -- -- 107

108 LM523064205 Mutual fund shares -- -- -- -- -- -- -- -- 108

109 FL523034005 Money market fund shares -- -- -- -- -- -- -- -- 109

110 FL523092405 Equity in government-sponsored enterprises (2) -- -- -- -- -- -- -- -- 110

111 FL523092105 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- 111

112 FL523052005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 112

113 FL523096005 Other accounts receivable -- -- -- -- -- -- -- -- 113

114 FL522100005 Total liabilities and net worth -- -- -- -- -- -- -- -- 114

115 FL524194005 Liabilities -- -- -- -- -- -- -- -- 115

116 FL673090543 Currency and deposits (funding agreements) -- -- -- -- -- -- -- -- 116

117 FL524135005 Loans -- -- -- -- -- -- -- -- 117

118 FL524141005 Short term -- -- -- -- -- -- -- -- 118

119 FL523192305 Long term (foreign direct investment in the U.S.: debt) -- -- -- -- -- -- -- -- 119

120 FL523181105 Equity and investment fund shares -- -- -- -- -- -- -- -- 120

121 LM523164105 Corporate equity issues -- -- -- -- -- -- -- -- 121

122 FL523192105 Foreign direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 122

123 FL523194605 Equity investment by parent -- -- -- -- -- -- -- -- 123

124 FL523152005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 124

125 FL523196005 Other accounts payable -- -- -- -- -- -- -- -- 125

126 FL522090095 Net worth -- -- -- -- -- -- -- -- 126

(1) Consists of rental income of tenant-occupied housing and proprietors’ income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;

 they primarily cover their operating costs through sales, and they keep a complete set of financial records.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in 2004:Q4.

(3) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded transactions, and other statistical differences between the capital and financial accounts.

(4) Excludes land.
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S.64.a Pension Funds

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

 Current account

 1 FA596902505 Gross value added -- -- -- -- -- -- -- -- 1

 2 FA596330081 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 2

 3 FA596902605 Equals: Net value added -- -- -- -- -- -- -- -- 3

 4 FA596025005 Compensation of employees (paid) -- -- -- -- -- -- -- -- 4

 5 FA596020001 Wages and salaries -- -- -- -- -- -- -- -- 5

 6 FA596401001 Employers’ social contributions -- -- -- -- -- -- -- -- 6

 7 FA596240101 Taxes on production and imports less subsidies -- -- -- -- -- -- -- -- 7

 8 FA596402101 Operating surplus, net -- -- -- -- -- -- -- -- 8

 9 FA596140005 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 9

10 FA596402101 Operating surplus, net -- -- -- -- -- -- -- -- 10

11 FA596150105 Property income (received) -- -- -- -- -- -- -- -- 11

12 FA596130101 Interest -- -- -- -- -- -- -- -- 12

13 FA596121101 Distributed income of corporations (dividends) -- -- -- -- -- -- -- -- 13

14 FA593092281 Reinvested earnings on U.S. direct investment abroad -- -- -- -- -- -- -- -- 14

15 FA596150005 Less: Uses of property income (paid) -- -- -- -- -- -- -- -- 15

16 FA596130001 Interest -- -- -- -- -- -- -- -- 16

17 FA596120005 Distributed income of corporations -- -- -- -- -- -- -- -- 17

18 FA596121001 Dividends -- -- -- -- -- -- -- -- 18

19 FA596122001 Withdrawals from income of quasi-corporations (1) -- -- -- -- -- -- -- -- 19

20 FA593192281 Reinvested earnings on foreign direct investment -- -- -- -- -- -- -- -- 20

21 FA596112001 Rents on land and natural resources -- -- -- -- -- -- -- -- 21

22 FA596140005 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 22

23 FA596220001 Less: Current taxes on income, wealth, etc. (paid) -- -- -- -- -- -- -- -- 23

24 FA596403105 Plus: Other current transfers received, net -- -- -- -- -- -- -- -- 24

25 FA596012005 Equals: Disposable income, net -- -- -- -- -- -- -- -- 25

26 FA596012005 Equals: Net saving -- -- -- -- -- -- -- -- 26

 Capital account

27 FA596006385 Net saving less capital transfers -- -- -- -- -- -- -- -- 27

28 FA596012005 Net saving -- -- -- -- -- -- -- -- 28

29 FA595440083 Less: Capital transfers (net) -- -- -- -- -- -- -- -- 29

30 FA595015085 Capital formation, net -- -- -- -- -- -- -- -- 30

31 FA595013081 Gross fixed capital formation (nonresidential) -- -- -- -- -- -- -- -- 31

32 FA596330081 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 32

33 FA595000995 Net lending (+) or borrowing (-), capital account (lines 27-30) -- -- -- -- -- -- -- -- 33

 Addenda:

34 FA596403105 Other current transfers received, net (line 24) -- -- -- -- -- -- -- -- 34

35 FA596403115 Contributions received -- -- -- -- -- -- -- -- 35

36 FA596403125 Claims to pension benefits -- -- -- -- -- -- -- -- 36

37 FA596403133 Actual employer contributions -- -- -- -- -- -- -- -- 37

38 FA596403143 Imputed employer contributions -- -- -- -- -- -- -- -- 38

39 FA596403153 Actual household contributions -- -- -- -- -- -- -- -- 39

40 FA596403013 Less: pension service charges for defined benefit (DB) plans -- -- -- -- -- -- -- -- 40

41 FA596403163 Household pension contribution supplements -- -- -- -- -- -- -- -- 41

42 FA596403023 Less: pension service charge for defined contribution (DC) plans -- -- -- -- -- -- -- -- 42

43 FA596403033 Less: benefit payments and withdrawals -- -- -- -- -- -- -- -- 43

44 FA596403043 Less: net change in benefit entitlements from DB plans -- -- -- -- -- -- -- -- 44

45 FA596403053 Less: net change in assets from current transaction for DC plans -- -- -- -- -- -- -- -- 45

 Financial account

46 FA595000995 Net lending (+) or borrowing (-) (line 33) -- -- -- -- -- -- -- -- 46

47 FA594090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- 47

48 FA594000005 Currency and deposits -- -- -- -- -- -- -- -- 48

49 FA593020005 Currency and transferable deposits -- -- -- -- -- -- -- -- 49

50 FA593030005 Time and savings deposits -- -- -- -- -- -- -- -- 50

51 FA594022005 Debt securities -- -- -- -- -- -- -- -- 51

52 FA593069105 Open market paper -- -- -- -- -- -- -- -- 52

53 FA593061105 Treasury securities -- -- -- -- -- -- -- -- 53

54 FA593061705 Agency- and GSE-backed securities (2) -- -- -- -- -- -- -- -- 54

55 FA593062045 Municipal securities -- -- -- -- -- -- -- -- 55

56 FA593063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- 56
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S.64.a Pension Funds

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

57 FA594035005 Loans -- -- -- -- -- -- -- -- 57

58 FA594041005 Short term -- -- -- -- -- -- -- -- 58

59 FA593065005 Long term (mortgages) -- -- -- -- -- -- -- -- 59

60 FA593081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 60

61 FA593064105 Corporate equities -- -- -- -- -- -- -- -- 61

62 FA593064205 Mutual fund shares -- -- -- -- -- -- -- -- 62

63 FA593034005 Money market fund shares -- -- -- -- -- -- -- -- 63

64 FA593052025 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 64

65 FA593093005 Other accounts receivable -- -- -- -- -- -- -- -- 65

66 FA594190005 Net incurrence of liabilities (pension entitlements) -- -- -- -- -- -- -- -- 66

 Addendum:

67 FA595000005 Net lending (+) or borrowing (-), financial account (lines 47-66) -- -- -- -- -- -- -- -- 67

 Other changes in volume account

68 FV598090185 Total other volume changes -- -- -- -- -- -- -- -- 68

69 FV592010095 Disaster losses -- -- -- -- -- -- -- -- 69

70 FV598090085 Other volume changes -- -- -- -- -- -- -- -- 70

71 FU597005045 Less: Statistical discrepancy (lines 33-67) (3) -- -- -- -- -- -- -- -- 71

 Revaluation account

72 FR592010095 Nonfinancial assets -- -- -- -- -- -- -- -- 72

73 FR595013665 Structures (nonresidential) -- -- -- -- -- -- -- -- 73

74 FR595013265 Equipment -- -- -- -- -- -- -- -- 74

75 FR595013765 Intellectual property products -- -- -- -- -- -- -- -- 75

76 FR594090085 Financial assets -- -- -- -- -- -- -- -- 76

77 FR594022005 Debt securities -- -- -- -- -- -- -- -- 77

78 FR593064105 Corporate equities -- -- -- -- -- -- -- -- 78

79 FR593064205 Mutual fund shares -- -- -- -- -- -- -- -- 79

80 FR593052025 Insurance, pension, and standardized guarantee schemes -- -- -- -- -- -- -- -- 80

81 FR594190005 Liabilities (pension entitlements) -- -- -- -- -- -- -- -- 81

82 FR598200005 Changes in net worth due to nominal holding gains/losses -- -- -- -- -- -- -- -- 82

 Changes in balance sheet account

83 FC592090095 Change in net worth (lines 30+33+68+82) -- -- -- -- -- -- -- -- 83

 Balance sheet account (end of period)

84 FL592000095 Total assets -- -- -- -- -- -- -- -- 84

85 LM592010095 Nonfinancial assets (4) -- -- -- -- -- -- -- -- 85

86 LM595013665 Structures (nonresidential) -- -- -- -- -- -- -- -- 86

87 LM595013265 Equipment -- -- -- -- -- -- -- -- 87

88 LM595013765 Intellectual property products -- -- -- -- -- -- -- -- 88

89 FL594090005 Financial assets -- -- -- -- -- -- -- -- 89

90 FL594000005 Currency and deposits -- -- -- -- -- -- -- -- 90

91 FL593020005 Currency and transferable deposits -- -- -- -- -- -- -- -- 91

92 FL593030005 Time and savings deposits -- -- -- -- -- -- -- -- 92

93 LM594022005 Debt securities -- -- -- -- -- -- -- -- 93

94 FL593069105 Open market paper -- -- -- -- -- -- -- -- 94

95 LM593061105 Treasury securities -- -- -- -- -- -- -- -- 95

96 LM593061705 Agency- and GSE-backed securities (2) -- -- -- -- -- -- -- -- 96

97 LM593062045 Municipal securities -- -- -- -- -- -- -- -- 97

98 LM593063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- 98

99 FL594035005 Loans -- -- -- -- -- -- -- -- 99

100 FL594041005 Short term -- -- -- -- -- -- -- -- 100

101 FL593065005 Long term (mortgages) -- -- -- -- -- -- -- -- 101

102 FL593081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 102

103 LM593064105 Corporate equities -- -- -- -- -- -- -- -- 103

104 LM593064205 Mutual fund shares -- -- -- -- -- -- -- -- 104

105 FL593034005 Money market fund shares -- -- -- -- -- -- -- -- 105
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180 Z.1, June 7, 2024

S.64.a Pension Funds

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

106 FL593052025 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 106

107 FL593093005 Other accounts receivable -- -- -- -- -- -- -- -- 107

108 FL592000095 Total liabilities and net worth -- -- -- -- -- -- -- -- 108

109 FL594190005 Liabilities (pension entitlements) -- -- -- -- -- -- -- -- 109

110 FL592090095 Net worth -- -- -- -- -- -- -- -- 110

(1) Consists of rental income of tenant-occupied housing and proprietors’ income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;

 they primarily cover their operating costs through sales, and they keep a complete set of financial records.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in 2004:Q4.

(3) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded transactions, and other statistical differences between the capital and financial accounts.

(4) Excludes land.
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Z.1, June 7, 2024 181

S.65.a Other Financial Business (1)

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

 Current account

 1 FA856902505 Gross value added -- -- -- -- -- -- -- -- 1

 2 FA856330085 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 2

 3 FA856902605 Equals: Net value added -- -- -- -- -- -- -- -- 3

 4 FA856025005 Compensation of employees (paid) -- -- -- -- -- -- -- -- 4

 5 FA856020005 Wages and salaries -- -- -- -- -- -- -- -- 5

 6 FA856401005 Employers’ social contributions -- -- -- -- -- -- -- -- 6

 7 FA856240105 Taxes on production and imports less subsidies -- -- -- -- -- -- -- -- 7

 8 FA856402105 Operating surplus, net -- -- -- -- -- -- -- -- 8

 9 FA856140005 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 9

10 FA856402105 Operating surplus, net -- -- -- -- -- -- -- -- 10

11 FA856150105 Property income (received) -- -- -- -- -- -- -- -- 11

12 FA856130105 Interest -- -- -- -- -- -- -- -- 12

13 FA856121105 Distributed income of corporations (dividends) -- -- -- -- -- -- -- -- 13

14 FA853092285 Reinvested earnings on U.S. direct investment abroad -- -- -- -- -- -- -- -- 14

15 FA856150005 Less: Uses of property income (paid) -- -- -- -- -- -- -- -- 15

16 FA856130005 Interest -- -- -- -- -- -- -- -- 16

17 FA856120005 Distributed income of corporations -- -- -- -- -- -- -- -- 17

18 FA856121005 Dividends -- -- -- -- -- -- -- -- 18

19 FA856122005 Withdrawals from income of quasi-corporations (2) -- -- -- -- -- -- -- -- 19

20 FA853192285 Reinvested earnings on foreign direct investment -- -- -- -- -- -- -- -- 20

21 FA856112005 Rents on land and natural resources -- -- -- -- -- -- -- -- 21

22 FA856140005 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 22

23 FA856220005 Less: Current taxes on income, wealth, etc. (paid) -- -- -- -- -- -- -- -- 23

24 FA856403005 Less: Other current transfers (paid) -- -- -- -- -- -- -- -- 24

25 FA856012005 Equals: Disposable income, net -- -- -- -- -- -- -- -- 25

26 FA856012005 Equals: Net saving -- -- -- -- -- -- -- -- 26

 Capital account

27 FA856006385 Net saving less capital transfers -- -- -- -- -- -- -- -- 27

28 FA856012005 Net saving -- -- -- -- -- -- -- -- 28

29 FA855440085 Less: Capital transfers paid (net) -- -- -- -- -- -- -- -- 29

30 FA855015085 Capital formation, net -- -- -- -- -- -- -- -- 30

31 FA855013085 Gross fixed capital formation (nonresidential) -- -- -- -- -- -- -- -- 31

32 FA856330085 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 32

33 FA855000995 Net lending (+) or borrowing (-), capital account (lines 27-30) -- -- -- -- -- -- -- -- 33

 Financial account

34 FA855000995 Net lending (+) or borrowing (-) (line 33) -- -- -- -- -- -- -- -- 34

35 FA854090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- 35

36 FA854000005 Currency and deposits -- -- -- -- -- -- -- -- 36

37 FA854022005 Debt securities -- -- -- -- -- -- -- -- 37

38 FA853069175 Open market paper -- -- -- -- -- -- -- -- 38

39 FA853061105 Treasury securities -- -- -- -- -- -- -- -- 39

40 FA853061705 Agency- and GSE-backed securities (3) -- -- -- -- -- -- -- -- 40

41 FA853062005 Municipal securities -- -- -- -- -- -- -- -- 41

42 FA853063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- 42

43 FA854035005 Loans -- -- -- -- -- -- -- -- 43

44 FA854041005 Short term -- -- -- -- -- -- -- -- 44

45 FA814042005 Long term -- -- -- -- -- -- -- -- 45

46 FA813081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 46

47 FA813064105 Corporate equities -- -- -- -- -- -- -- -- 47

48 FA813034005 Money market fund shares -- -- -- -- -- -- -- -- 48

49 FA813092405 Equity in government-sponsored enterprises (3) -- -- -- -- -- -- -- -- 49

50 FA803092105 U.S. direct investment aboard: equity -- -- -- -- -- -- -- -- 50

51 FA793094605 Equity investment in subsidiaries -- -- -- -- -- -- -- -- 51

52 FA733040005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 52

53 FA853096005 Other accounts receivable -- -- -- -- -- -- -- -- 53

54 FA854194005 Net incurrence of liabilities -- -- -- -- -- -- -- -- 54

55 FA403197033 Currency and deposits -- -- -- -- -- -- -- -- 55
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182 Z.1, June 7, 2024

S.65.a Other Financial Business (1)

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

56 FA814122005 Debt securities -- -- -- -- -- -- -- -- 56

57 FA423161705 Agency- and GSE-backed securities (3) -- -- -- -- -- -- -- -- 57

58 FA813163005 Corporate bonds -- -- -- -- -- -- -- -- 58

59 FA813169105 Commercial paper -- -- -- -- -- -- -- -- 59

60 FA814135005 Loans -- -- -- -- -- -- -- -- 60

61 FA814141005 Short term -- -- -- -- -- -- -- -- 61

62 FA803192305 Long term -- -- -- -- -- -- -- -- 62

63 FA853181005 Equity and investment fund shares -- -- -- -- -- -- -- -- 63

64 FA634090005 Money market fund shares -- -- -- -- -- -- -- -- 64

65 FA813164105 Corporate equity issues -- -- -- -- -- -- -- -- 65

66 FA653164205 Mutual fund shares -- -- -- -- -- -- -- -- 66

67 FA403192405 Equity in government-sponsored enterprises (3) -- -- -- -- -- -- -- -- 67

68 FA803192105 Foreign direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 68

69 FA662090003 Equity in noncorporate business -- -- -- -- -- -- -- -- 69

70 FA803194605 Equity investment by parent -- -- -- -- -- -- -- -- 70

71 FA503194205 Equity investment in Federal Reserve facilities -- -- -- -- -- -- -- -- 71

72 FA813196005 Other accounts payable -- -- -- -- -- -- -- -- 72

 Addendum:

73 FA855000005 Net lending (+) or borrowing (-), financial account (lines 35-54) -- -- -- -- -- -- -- -- 73

 Other changes in volume account

74 FV858090185 Total other volume changes -- -- -- -- -- -- -- -- 74

75 FV812010095 Disaster losses -- -- -- -- -- -- -- -- 75

76 FV858090085 Other volume changes -- -- -- -- -- -- -- -- 76

77 FU857005045 Less: Statistical discrepancy (lines 33-75) (4) -- -- -- -- -- -- -- -- 77

 Revaluation account

78 FR812010095 Nonfinancial assets -- -- -- -- -- -- -- -- 78

79 FR815013665 Structures (nonresidential) -- -- -- -- -- -- -- -- 79

80 FR815013265 Equipment -- -- -- -- -- -- -- -- 80

81 FR815013765 Intellectual property products -- -- -- -- -- -- -- -- 81

82 FR854090085 Financial assets -- -- -- -- -- -- -- -- 82

83 FR854022005 Debt securities -- -- -- -- -- -- -- -- 83

84 FR803092305 U.S. direct investment aboard: debt -- -- -- -- -- -- -- -- 84

85 FR813064105 Corporate equities -- -- -- -- -- -- -- -- 85

86 FR803092105 U.S. direct investment aboard: equity -- -- -- -- -- -- -- -- 86

87 FR814190085 Liabilities -- -- -- -- -- -- -- -- 87

88 FR803192305 Foreign direct investment in the U.S.: debt -- -- -- -- -- -- -- -- 88

89 FR813164105 Corporate equity issues -- -- -- -- -- -- -- -- 89

90 FR653164205 Mutual fund shares -- -- -- -- -- -- -- -- 90

91 FR803192105 Foreign direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 91

92 FR662090003 Equity in noncorporate business -- -- -- -- -- -- -- -- 92

93 FR803194605 Equity investment by parent -- -- -- -- -- -- -- -- 93

94 FR858200005 Changes in net worth due to nominal holding gains/losses -- -- -- -- -- -- -- -- 94

 Changes in balance sheet account

95 FC852090095 Change in net worth (lines 30+33+76+96) -- -- -- -- -- -- -- -- 95

 Balance sheet account (end of period)

96 FL852000095 Total assets -- -- -- -- -- -- -- -- 96

97 LM812010095 Nonfinancial assets (5) -- -- -- -- -- -- -- -- 97

98 LM815013665 Structures (nonresidential) -- -- -- -- -- -- -- -- 98

99 LM815013265 Equipment -- -- -- -- -- -- -- -- 99

100 LM815013765 Intellectual property products -- -- -- -- -- -- -- -- 100

101 FL854090005 Financial assets -- -- -- -- -- -- -- -- 101

102 FL854000005 Currency and deposits -- -- -- -- -- -- -- -- 102

103 FL854022005 Debt securities -- -- -- -- -- -- -- -- 103

104 FL853069175 Open market paper -- -- -- -- -- -- -- -- 104

105 FL853061105 Treasury securities -- -- -- -- -- -- -- -- 105

106 FL853061705 Agency- and GSE-backed securities (3) -- -- -- -- -- -- -- -- 106

107 FL853062005 Municipal securities -- -- -- -- -- -- -- -- 107

108 FL853063005 Corporate and foreign bonds -- -- -- -- -- -- -- -- 108
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Z.1, June 7, 2024 183

S.65.a Other Financial Business (1)

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

109 FL854035005 Loans -- -- -- -- -- -- -- -- 109

110 FL854041005 Short term -- -- -- -- -- -- -- -- 110

111 FL814042005 Long term -- -- -- -- -- -- -- -- 111

112 FL813065005 Mortgages -- -- -- -- -- -- -- -- 112

113 FL803092305 U.S. direct investment abroad: debt -- -- -- -- -- -- -- -- 113

114 FL813081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 114

115 LM813064105 Corporate equities -- -- -- -- -- -- -- -- 115

116 FL813034005 Money market fund shares -- -- -- -- -- -- -- -- 116

117 FL813092405 Equity in government-sponsored enterprises (3) -- -- -- -- -- -- -- -- 117

118 FL803092105 U.S. direct investment aboard: equity -- -- -- -- -- -- -- -- 118

119 FL793094605 Equity investment in subsidiaries -- -- -- -- -- -- -- -- 119

120 FL733040005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 120

121 FL853096005 Other accounts receivable -- -- -- -- -- -- -- -- 121

122 FL852100005 Total liabilities and net worth -- -- -- -- -- -- -- -- 122

123 FL854194005 Liabilities -- -- -- -- -- -- -- -- 123

124 FL403197033 Currency and deposits -- -- -- -- -- -- -- -- 124

125 FL814122005 Debt securities -- -- -- -- -- -- -- -- 125

126 FL423161705 Agency- and GSE-backed securities (3) -- -- -- -- -- -- -- -- 126

127 FL813163005 Corporate bonds -- -- -- -- -- -- -- -- 127

128 FL813169105 Commercial paper -- -- -- -- -- -- -- -- 128

129 FL814135005 Loans -- -- -- -- -- -- -- -- 129

130 FL814141005 Short term -- -- -- -- -- -- -- -- 130

131 FL803192305 Long term -- -- -- -- -- -- -- -- 131

132 FL853181005 Equity and investment fund shares -- -- -- -- -- -- -- -- 132

133 FL634090005 Money market fund shares -- -- -- -- -- -- -- -- 133

134 LM813164105 Corporate equity issues -- -- -- -- -- -- -- -- 134

135 LM653164205 Mutual fund shares -- -- -- -- -- -- -- -- 135

136 FL403192405 Equity in government-sponsored enterprises (3) -- -- -- -- -- -- -- -- 136

137 FL803192105 Foreign direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 137

138 LM662090003 Equity in noncorporate business -- -- -- -- -- -- -- -- 138

139 FL803194605 Equity investment by parent -- -- -- -- -- -- -- -- 139

140 FL503194205 Equity investment in Federal Reserve facilities -- -- -- -- -- -- -- -- 140

141 FL813196005 Other accounts payable -- -- -- -- -- -- -- -- 141

142 FL852090095 Net worth -- -- -- -- -- -- -- -- 142

(1) Includes the following sectors as defined in the Financial Accounts of the United States: Money Market Funds; Mutual Funds; Closed-End Funds; Exchange-Traded Funds;

 Government-Sponsored Enterprises; Agency- and GSE-Backed Mortgage Pools; Issuers of Asset-Backed Securities; Finance Companies; Mortgage REITs; Security Brokers and Dealers;

 Holding Companies; Other Financial Business.

(2) Consists of rental income of tenant-occupied housing and proprietors’ income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;

 they primarily cover their operating costs through sales, and they keep a complete set of financial records.

(3) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the 2004:Q4.

(4) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded transactions, and other statistical differences between the capital and financial accounts.

(5) Excludes land. Includes corporate and noncorporate financial business.
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184 Z.1, June 7, 2024

S.7.a Federal Government (1)

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

 Current account

 1 FA316902505 Gross value added -- -- -- -- -- -- -- -- 1

 2 FA316300001 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 2

 3 FA316902605 Equals: Net value added -- -- -- -- -- -- -- -- 3

 4 FA316025001 Compensation of employees (paid) -- -- -- -- -- -- -- -- 4

 5 FA316020001 Wages and salaries -- -- -- -- -- -- -- -- 5

 6 FA316401005 Employers’ social contributions -- -- -- -- -- -- -- -- 6

 7 FA316402101 Operating surplus, net -- -- -- -- -- -- -- -- 7

 8 FA316140005 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 8

 9 FA316402101 Operating surplus, net -- -- -- -- -- -- -- -- 9

10 FA316240001 Taxes on production and imports, receivable -- -- -- -- -- -- -- -- 10

11 FA316402015 Subsidies (paid) -- -- -- -- -- -- -- -- 11

12 FA316150195 Property income (received) -- -- -- -- -- -- -- -- 12

13 FA316130101 Interest -- -- -- -- -- -- -- -- 13

14 FA316121185 Distributed income of corporations (dividends) -- -- -- -- -- -- -- -- 14

15 FA316112101 Rents on land and natural resources -- -- -- -- -- -- -- -- 15

16 FA316130095 Less: Uses of property income (interest paid) -- -- -- -- -- -- -- -- 16

17 FA316140005 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 17

18 FA316220001 Plus: Current taxes on income, wealth, etc. (received) -- -- -- -- -- -- -- -- 18

19 FA316601001 Plus: Social benefits (received) -- -- -- -- -- -- -- -- 19

20 FA316404001 Less: Social contributions (paid) -- -- -- -- -- -- -- -- 20

21 FA316403105 Plus: Other current transfers (received) -- -- -- -- -- -- -- -- 21

22 FA316403001 Less: Other current transfers (paid) -- -- -- -- -- -- -- -- 22

23 FA316012005 Equals: Disposable income, net -- -- -- -- -- -- -- -- 23

24 FA316901001 Less: Final consumption expenditures -- -- -- -- -- -- -- -- 24

25 FA316006085 Equals: Net saving -- -- -- -- -- -- -- -- 25

 Capital account

26 FA316006385 Net saving less capital transfers -- -- -- -- -- -- -- -- 26

27 FA316006085 Net saving -- -- -- -- -- -- -- -- 27

28 FA315440005 Less: Capital transfers paid (net) -- -- -- -- -- -- -- -- 28

29 FA315050905 Capital formation, net -- -- -- -- -- -- -- -- 29

 Gross fixed capital formation (acquisition of

30 FA315019001 produced nonfinancial assets) -- -- -- -- -- -- -- -- 30

31 FA316300001 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 31

32 FA315420003 Acquisition of nonproduced nonfinancial assets -- -- -- -- -- -- -- -- 32

33 FA315000995 Net lending (+) or borrowing (-), capital account (lines 26-29) -- -- -- -- -- -- -- -- 33

 Financial account

34 FA315000995 Net lending (+) or borrowing (-) (line 33) -- -- -- -- -- -- -- -- 34

35 FA314090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- 35

36 FA313011105 Monetary gold and SDRs -- -- -- -- -- -- -- -- 36

37 FA313011205 Monetary gold -- -- -- -- -- -- -- -- 37

38 FA313011303 SDR holdings -- -- -- -- -- -- -- -- 38

39 FA314000005 Currency and deposits -- -- -- -- -- -- -- -- 39

40 FA313011505 Official foreign currencies -- -- -- -- -- -- -- -- 40

41 FA313011405 Reserve position in IMF (net) -- -- -- -- -- -- -- -- 41

42 FA313020005 Currency and transferable deposits -- -- -- -- -- -- -- -- 42

43 FA313030003 Time and savings deposits -- -- -- -- -- -- -- -- 43

44 FA313091105 Nonofficial foreign currencies -- -- -- -- -- -- -- -- 44

45 FA314022005 Debt securities -- -- -- -- -- -- -- -- 45

46 FA313061703 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- 46

47 FA313063763 Corporate and foreign bonds -- -- -- -- -- -- -- -- 47

48 FA314023005 Loans -- -- -- -- -- -- -- -- 48

49 FA314041005 Short term -- -- -- -- -- -- -- -- 49

50 FA313066220 Consumer credit -- -- -- -- -- -- -- -- 50

51 FA313069005 Other loans and advances -- -- -- -- -- -- -- -- 51

52 FA313065005 Long term (mortgages) -- -- -- -- -- -- -- -- 52

53 FA313081105 Equity and investment fund shares -- -- -- -- -- -- -- -- 53

54 FA313064105 Corporate equities -- -- -- -- -- -- -- -- 54

55 FA313092803 Equity in international organizations -- -- -- -- -- -- -- -- 55

56 FA313092403 Equity in government-sponsored enterprises (2) -- -- -- -- -- -- -- -- 56

57 FA313094303 Equity investment under Public-Private Inv. Program -- -- -- -- -- -- -- -- 57

58 FA313094205 Equity investment in Federal Reserve facilities -- -- -- -- -- -- -- -- 58
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Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

59 FA313096005 Other accounts receivable -- -- -- -- -- -- -- -- 59

60 FA313070000 Trade receivables -- -- -- -- -- -- -- -- 60

61 FA313078000 Taxes receivable -- -- -- -- -- -- -- -- 61

62 FA314190005 Net incurrence of liabilities -- -- -- -- -- -- -- -- 62

63 FA313111303 SDR allocations -- -- -- -- -- -- -- -- 63

64 FA314100005 Currency and deposits -- -- -- -- -- -- -- -- 64

65 FA314122005 Debt securities -- -- -- -- -- -- -- -- 65

66 FA313161105 Treasury securities -- -- -- -- -- -- -- -- 66

67 FA313161705 Federal agency securities -- -- -- -- -- -- -- -- 67

68 FA314123005 Loans -- -- -- -- -- -- -- -- 68

69 FA313152005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 69

70 FA313140003 Insurance reserves -- -- -- -- -- -- -- -- 70

71 FA313195105 Retiree Health Care Funds -- -- -- -- -- -- -- -- 71

72 FA343073045 Claims of pension fund on sponsor -- -- -- -- -- -- -- -- 72

73 FA313196005 Other accounts payable -- -- -- -- -- -- -- -- 73

74 FA713014003 SDR certificates -- -- -- -- -- -- -- -- 74

75 FA313170005 Trade payables -- -- -- -- -- -- -- -- 75

76 FA313172003 PPP subsidies payable -- -- -- -- -- -- -- -- 76

77 FA313193005 Other (miscellaneous liabilities) -- -- -- -- -- -- -- -- 77

 Addendum:

78 FA315000005 Net lending (+) or borrowing (-), financial account (lines 35-62) -- -- -- -- -- -- -- -- 78

 Other changes in volume account

79 FV318090185 Total other volume changes -- -- -- -- -- -- -- -- 79

80 FV312010095 Disaster losses -- -- -- -- -- -- -- -- 80

81 FV318090085 Other volume changes -- -- -- -- -- -- -- -- 81

82 FU317005045 Less: Statistical discrepancy (lines 33-78) (3) -- -- -- -- -- -- -- -- 82

 Revaluation account

83 FR312010095 Nonfinancial assets -- -- -- -- -- -- -- -- 83

84 FR315015605 Structures -- -- -- -- -- -- -- -- 84

85 FR315013265 Equipment -- -- -- -- -- -- -- -- 85

86 FR315013765 Intellectual property products -- -- -- -- -- -- -- -- 86

87 FR318080005 Financial assets -- -- -- -- -- -- -- -- 87

88 FR313011105 Monetary gold and SDRs -- -- -- -- -- -- -- -- 88

89 FR314000005 Currency and deposits -- -- -- -- -- -- -- -- 89

90 FR313064105 Corporate equities -- -- -- -- -- -- -- -- 90

91 FR313094303 Equity investment under Public-Private Inv. Program -- -- -- -- -- -- -- -- 91

92 FR313111303 Liabilities (SDR allocations) -- -- -- -- -- -- -- -- 92

93 FR318200005 Changes in net worth due to nominal holding gains/losses -- -- -- -- -- -- -- -- 93

 Changes in balance sheet account

94 FC312090095 Change in net worth (lines 29+33+79+93) -- -- -- -- -- -- -- -- 94

 Balance sheet account (end of period)

95 FL312000095 Total assets -- -- -- -- -- -- -- -- 95

96 LM312010095 Nonfinancial assets (4) -- -- -- -- -- -- -- -- 96

97 LM315015605 Structures -- -- -- -- -- -- -- -- 97

98 LM315013265 Equipment -- -- -- -- -- -- -- -- 98

99 LM315013765 Intellectual property products -- -- -- -- -- -- -- -- 99

100 FL314090005 Financial assets -- -- -- -- -- -- -- -- 100

101 FL313011105 Monetary gold and SDRs -- -- -- -- -- -- -- -- 101

102 FL313011205 Monetary gold -- -- -- -- -- -- -- -- 102

103 FL313011303 SDR holdings -- -- -- -- -- -- -- -- 103
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Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

104 FL314000005 Currency and deposits -- -- -- -- -- -- -- -- 104

105 FL313011505 Official foreign currencies -- -- -- -- -- -- -- -- 105

106 FL313011405 Reserve position in IMF (net) -- -- -- -- -- -- -- -- 106

107 FL313020005 Currency and transferable deposits -- -- -- -- -- -- -- -- 107

108 FL313030003 Time and savings deposits -- -- -- -- -- -- -- -- 108

109 FL313091105 Nonofficial foreign currencies -- -- -- -- -- -- -- -- 109

110 FL314022005 Debt securities -- -- -- -- -- -- -- -- 110

111 FL313061703 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- 111

112 FL313063763 Corporate and foreign bonds -- -- -- -- -- -- -- -- 112

113 FL314023005 Loans -- -- -- -- -- -- -- -- 113

114 FL314041005 Short term -- -- -- -- -- -- -- -- 114

115 FL313066220 Consumer credit -- -- -- -- -- -- -- -- 115

116 FL313069005 Other loans and advances -- -- -- -- -- -- -- -- 116

117 FL313065005 Long term (mortgages) -- -- -- -- -- -- -- -- 117

118 FL313081105 Equity and investment fund shares -- -- -- -- -- -- -- -- 118

119 LM313064105 Corporate equities -- -- -- -- -- -- -- -- 119

120 FL313092803 Equity in international organizations -- -- -- -- -- -- -- -- 120

121 FL313092403 Equity in government-sponsored enterprises (2) -- -- -- -- -- -- -- -- 121

122 LM313094303 Equity investment under Public-Private Inv. Program -- -- -- -- -- -- -- -- 122

123 FL313094205 Equity investment in Federal Reserves facilities -- -- -- -- -- -- -- -- 123

124 FL313096005 Other accounts receivable -- -- -- -- -- -- -- -- 124

125 FL313070000 Trade receivables -- -- -- -- -- -- -- -- 125

126 FL313078000 Taxes receivable -- -- -- -- -- -- -- -- 126

127 FL312000095 Total liabilities and net worth -- -- -- -- -- -- -- -- 127

128 FL314190005 Liabilities -- -- -- -- -- -- -- -- 128

129 FL313111303 SDR allocations -- -- -- -- -- -- -- -- 129

130 FL314100005 Currency and deposits -- -- -- -- -- -- -- -- 130

131 FL314122005 Debt securities -- -- -- -- -- -- -- -- 131

132 FL313161105 Treasury securities -- -- -- -- -- -- -- -- 132

133 FL313161705 Federal agency securities -- -- -- -- -- -- -- -- 133

134 FL314123005 Loans -- -- -- -- -- -- -- -- 134

135 FL313152005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 135

136 FL313140003 Insurance reserves -- -- -- -- -- -- -- -- 136

137 FL313195105 Retiree Health Care Funds -- -- -- -- -- -- -- -- 137

138 FL343073045 Claims of pension fund on sponsor -- -- -- -- -- -- -- -- 138

139 FL313196005 Other accounts payable -- -- -- -- -- -- -- -- 139

140 FL713014003 SDR certificates -- -- -- -- -- -- -- -- 140

141 FL313170005 Trade payables -- -- -- -- -- -- -- -- 141

142 FL313172003 PPP subsidies payable -- -- -- -- -- -- -- -- 142

143 FL313193013 Other (miscellaneous liabilities) -- -- -- -- -- -- -- -- 143

144 FL312090095 Net worth -- -- -- -- -- -- -- -- 144

(1) The federal government sector excludes federal government employee retirement funds.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the 2004:Q4.

(3) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded transactions, and other statistical differences between the capital and financial accounts.

(4) Excludes land and nonproduced nonfinancial assets.
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S.8.a State and Local Governments (1)

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

 Current account

 1 FA216902505 Gross value added -- -- -- -- -- -- -- -- 1

 2 FA216300001 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 2

 3 FA216902605 Equals: Net value added -- -- -- -- -- -- -- -- 3

 4 FA216025001 Compensation of employees (paid) -- -- -- -- -- -- -- -- 4

 5 FA216020001 Wages and salaries -- -- -- -- -- -- -- -- 5

 6 FA216401005 Employers’ social contributions -- -- -- -- -- -- -- -- 6

 7 FA216402101 Operating surplus, net -- -- -- -- -- -- -- -- 7

 8 FA216140005 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 8

 9 FA216402101 Operating surplus, net -- -- -- -- -- -- -- -- 9

10 FA216240001 Taxes on production and imports, receivable -- -- -- -- -- -- -- -- 10

11 FA216402015 Subsidies (paid) -- -- -- -- -- -- -- -- 11

12 FA216150195 Property income (received) -- -- -- -- -- -- -- -- 12

13 FA216130101 Interest -- -- -- -- -- -- -- -- 13

14 FA216121101 Distributed income of corporations (dividends) -- -- -- -- -- -- -- -- 14

15 FA216112101 Rents on land and natural resources -- -- -- -- -- -- -- -- 15

16 FA216130095 Less: Uses of property income (interest paid) -- -- -- -- -- -- -- -- 16

17 FA216140005 Net national income/Balance of primary incomes, net -- -- -- -- -- -- -- -- 17

18 FA216220005 Plus: Current taxes on income, wealth, etc. (received) -- -- -- -- -- -- -- -- 18

19 FA216601001 Plus: Social benefits (received) -- -- -- -- -- -- -- -- 19

20 FA216404001 Less: Social contributions (paid) -- -- -- -- -- -- -- -- 20

21 FA216403105 Plus: Other current transfers (received) -- -- -- -- -- -- -- -- 21

22 FA216403001 Less: Other current transfers (paid) -- -- -- -- -- -- -- -- 22

23 FA216012005 Equals: Disposable income, net -- -- -- -- -- -- -- -- 23

24 FA216901001 Less: Final consumption expenditures -- -- -- -- -- -- -- -- 24

25 FA216006095 Equals: Net saving -- -- -- -- -- -- -- -- 25

 Capital account

26 FA216006395 Net saving less capital transfers -- -- -- -- -- -- -- -- 26

27 FA216006095 Net saving -- -- -- -- -- -- -- -- 27

28 FA215440005 Less: Capital transfers paid (net) -- -- -- -- -- -- -- -- 28

29 FA215050905 Capital formation, net -- -- -- -- -- -- -- -- 29

 Gross fixed capital formation (acquisition of

30 FA215019001 produced nonfinancial assets) -- -- -- -- -- -- -- -- 30

31 FA216300001 Less: Consumption of fixed capital -- -- -- -- -- -- -- -- 31

32 FA215420003 Acquisition of nonproduced nonfinancial assets -- -- -- -- -- -- -- -- 32

33 FA215000995 Net lending (+) or borrowing (-), capital account (lines 26-29) -- -- -- -- -- -- -- -- 33

 Financial account

34 FA215000995 Net lending (+) or borrowing (-) (line 33) -- -- -- -- -- -- -- -- 34

35 FA214090005 Net acquisition of financial assets -- -- -- -- -- -- -- -- 35

36 FA214000005 Currency and deposits -- -- -- -- -- -- -- -- 36

37 FA213020005 Currency and transferable deposits -- -- -- -- -- -- -- -- 37

38 FA213030000 Time and savings deposits -- -- -- -- -- -- -- -- 38

39 FA214022005 Debt securities -- -- -- -- -- -- -- -- 39

40 FA213069103 Open market paper -- -- -- -- -- -- -- -- 40

41 FA213061103 Treasury securities -- -- -- -- -- -- -- -- 41

42 FA213061703 Agency- and GSE-backed securities (2) -- -- -- -- -- -- -- -- 42

43 FA213062003 Municipal securities -- -- -- -- -- -- -- -- 43

44 FA213063003 Corporate and foreign bonds -- -- -- -- -- -- -- -- 44

45 FA214035005 Loans -- -- -- -- -- -- -- -- 45

46 FA212051003 Short term -- -- -- -- -- -- -- -- 46

47 FA214023005 Long term (mortgages) -- -- -- -- -- -- -- -- 47

48 FA213081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 48

49 FA213034003 Money market fund shares -- -- -- -- -- -- -- -- 49

50 FA213064103 Corporate equities -- -- -- -- -- -- -- -- 50

51 FA213064203 Mutual fund shares -- -- -- -- -- -- -- -- 51

52 FA213096005 Other accounts receivable -- -- -- -- -- -- -- -- 52

53 FA213070003 Trade receivables -- -- -- -- -- -- -- -- 53

54 FA213078005 Taxes receivable -- -- -- -- -- -- -- -- 54

55 FA213093003 Other (miscellaneous assets) -- -- -- -- -- -- -- -- 55
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56 FA214190005 Net incurrence of liabilities -- -- -- -- -- -- -- -- 56

57 FA213162005 Debt securities (municipals) -- -- -- -- -- -- -- -- 57

58 FA213162400 Short term -- -- -- -- -- -- -- -- 58

59 FA213162200 Other -- -- -- -- -- -- -- -- 59

60 FA213169203 Loans (short term) -- -- -- -- -- -- -- -- 60

61 FA223073045 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 61

 (claim of pension funds on sponsor)

62 FA213170003 Other accounts payable (trade payables) -- -- -- -- -- -- -- -- 62

 Addendum:

63 FA215000005 Net lending (+) or borrowing (-), financial account (lines 35-56) -- -- -- -- -- -- -- -- 63

 Other changes in volume account

64 FV218090185 Total other volume changes -- -- -- -- -- -- -- -- 64

65 FV212010095 Disaster losses -- -- -- -- -- -- -- -- 65

66 FV218090085 Other volume changes -- -- -- -- -- -- -- -- 66

67 FU217005045 Less: Statistical discrepancy (lines 33-63) (3) -- -- -- -- -- -- -- -- 67

 Revaluation account

68 FR212010095 Nonfinancial assets -- -- -- -- -- -- -- -- 68

69 FR215015605 Structures -- -- -- -- -- -- -- -- 69

70 FR215013265 Equipment -- -- -- -- -- -- -- -- 70

71 FR215013765 Intellectual property products -- -- -- -- -- -- -- -- 71

72 FR213081005 Financial assets (equity and investment fund shares) -- -- -- -- -- -- -- -- 72

73 FR223073045 Liabilities (claim of pension funds on sponsor) -- -- -- -- -- -- -- -- 73

74 FR218200005 Changes in net worth due to nominal holding gains/losses -- -- -- -- -- -- -- -- 74

 Changes in balance sheet account

75 FC212090095 Change in net worth (lines 29+33+64+74) -- -- -- -- -- -- -- -- 75

 Balance sheet account (end of period)

76 FL212000095 Total assets -- -- -- -- -- -- -- -- 76

77 LM212010095 Nonfinancial assets (4) -- -- -- -- -- -- -- -- 77

78 LM215015605 Structures -- -- -- -- -- -- -- -- 78

79 LM215013265 Equipment -- -- -- -- -- -- -- -- 79

80 LM215013765 Intellectual property products -- -- -- -- -- -- -- -- 80

81 FL214090005 Financial assets -- -- -- -- -- -- -- -- 81

82 FL214000005 Currency and deposits -- -- -- -- -- -- -- -- 82

83 FL213020005 Currency and transferable deposits -- -- -- -- -- -- -- -- 83

84 FL213030000 Time and savings deposits -- -- -- -- -- -- -- -- 84

85 FL214022005 Debt securities -- -- -- -- -- -- -- -- 85

86 FL213069103 Open market paper -- -- -- -- -- -- -- -- 86

87 FL213061103 Treasury securities -- -- -- -- -- -- -- -- 87

88 FL213061703 Agency- and GSE-backed securities (2) -- -- -- -- -- -- -- -- 88

89 FL213062003 Municipal securities -- -- -- -- -- -- -- -- 89

90 FL213063003 Corporate and foreign bonds -- -- -- -- -- -- -- -- 90

91 FL214035005 Loans -- -- -- -- -- -- -- -- 91

92 FL212051003 Short term -- -- -- -- -- -- -- -- 92

93 FL214023005 Long term (mortgages) -- -- -- -- -- -- -- -- 93

94 FL213081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 94

95 FL213034003 Money market fund shares -- -- -- -- -- -- -- -- 95

96 LM213064103 Corporate equities -- -- -- -- -- -- -- -- 96

97 LM213064203 Mutual fund shares -- -- -- -- -- -- -- -- 97

98 FL213096005 Other accounts receivable -- -- -- -- -- -- -- -- 98

99 FL213070003 Trade receivables -- -- -- -- -- -- -- -- 99

100 FL213078005 Taxes receivable -- -- -- -- -- -- -- -- 100

101 FL213093003 Other (miscellaneous assets) -- -- -- -- -- -- -- -- 101
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Billions of dollars

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102 FL212100005 Total liabilities and net worth -- -- -- -- -- -- -- -- 102

103 FL214190005 Liabilities -- -- -- -- -- -- -- -- 103

104 FL213162005 Debt securities (municipals) -- -- -- -- -- -- -- -- 104

105 FL213162400 Short term -- -- -- -- -- -- -- -- 105

106 FL213162200 Other -- -- -- -- -- -- -- -- 106

107 FL213169203 Loans (short term) -- -- -- -- -- -- -- -- 107

108 FL223073045 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 108

 (claim of pension funds on sponsor)

109 FL213170003 Other accounts payable (trade payables) -- -- -- -- -- -- -- -- 109

110 FL212090095 Net worth -- -- -- -- -- -- -- -- 110

(1) The state and local government sector excludes state and local government employee retirement funds.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in 2004:Q4.

(3) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded transactions, and other statistical differences between the capital and financial accounts.

(4) Excludes land and nonproduced nonfinancial assets.
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S.9.a Rest of the World

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

 Current account

 1 FA266905095 Foreign income from U.S. -- -- -- -- -- -- -- -- 1

 2 FA266903001 U.S. imports of goods and services -- -- -- -- -- -- -- -- 2

 3 FA266904195 U.S. income payments to rest of world -- -- -- -- -- -- -- -- 3

 4 FA266400101 Current taxes and trans. payments to rest of world -- -- -- -- -- -- -- -- 4

 5 FA266900095 Less: Foreign outlays to U.S. -- -- -- -- -- -- -- -- 5

 6 FA266903011 U.S. exports of goods and services -- -- -- -- -- -- -- -- 6

 7 FA266904095 U.S. income receipts from rest of world -- -- -- -- -- -- -- -- 7

 8 FA266400201 Current taxes and trans. receipts from rest of world (1) -- -- -- -- -- -- -- -- 8

 9 FA266000095 Equals: Net saving (current external balance) -- -- -- -- -- -- -- -- 9

 Capital account

10 FA266000095 Net saving -- -- -- -- -- -- -- -- 10

11 FA265440005 Less: Net capital transfers -- -- -- -- -- -- -- -- 11

12 FA265420095 Less: Acquisition of nonproduced nonfinancial assets -- -- -- -- -- -- -- -- 12

13 FA265000905 Net lending (+) or borrowing (-), capital account (lines 10-11-12) -- -- -- -- -- -- -- -- 13

 Financial account

14 FA265000905 Net lending (+) or borrowing (-) (line 13) -- -- -- -- -- -- -- -- 14

15 FA264090005 Net acquisition of U.S. financial assets -- -- -- -- -- -- -- -- 15

16 FA263011005 Monetary gold and SDRs -- -- -- -- -- -- -- -- 16

17 FA263011205 Monetary gold -- -- -- -- -- -- -- -- 17

18 FA313111303 SDR allocations -- -- -- -- -- -- -- -- 18

19 FA264000005 Currency and deposits -- -- -- -- -- -- -- -- 19

20 FA263025003 Currency -- -- -- -- -- -- -- -- 20

21 FA263027003 Transferable deposits -- -- -- -- -- -- -- -- 21

22 FA263030005 Time deposits -- -- -- -- -- -- -- -- 22

23 FA264016005 Net interbank items due from U.S. banks -- -- -- -- -- -- -- -- 23

24 FA264022005 Debt securities -- -- -- -- -- -- -- -- 24

25 FA263069103 Open market paper -- -- -- -- -- -- -- -- 25

26 FA263061105 Treasury securities -- -- -- -- -- -- -- -- 26

27 FA263061705 Agency- and GSE-backed securities (2) -- -- -- -- -- -- -- -- 27

28 FA263062003 Municipal securities -- -- -- -- -- -- -- -- 28

29 FA263063005 Corporate bonds -- -- -- -- -- -- -- -- 29

30 FA264035005 Loans -- -- -- -- -- -- -- -- 30

31 FA264041005 Short term -- -- -- -- -- -- -- -- 31

32 FA262051005 Security repurchases -- -- -- -- -- -- -- -- 32

33 FA263069005 Other loans and advances -- -- -- -- -- -- -- -- 33

34 FA263092305 Long term (U.S. direct investment abroad: debt) -- -- -- -- -- -- -- -- 34

35 FA263081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 35

36 FA263034003 Money market fund shares -- -- -- -- -- -- -- -- 36

37 FA263064105 Corporate equities -- -- -- -- -- -- -- -- 37

38 FA263064203 Mutual fund shares -- -- -- -- -- -- -- -- 38

39 FA263092101 Foreign direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 39

40 FA263052005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 40

41 FA263076005 Insurance receivables due from property-casualty insurance companies -- -- -- -- -- -- -- -- 41

42 FA543141905 Life insurance reserves -- -- -- -- -- -- -- -- 42

43 FA543151905 Pension entitlements -- -- -- -- -- -- -- -- 43

44 FA263096005 Other accounts receivable -- -- -- -- -- -- -- -- 44

45 FA264194005 Net incurrence of liabilities -- -- -- -- -- -- -- -- 45

46 FA313011303 SDR holdings -- -- -- -- -- -- -- -- 46

47 FA264100005 Currency and deposits -- -- -- -- -- -- -- -- 47

48 FA263111503 Official foreign currencies -- -- -- -- -- -- -- -- 48

49 FA263111403 Reserve position in IMF (net) -- -- -- -- -- -- -- -- 49

50 FA263191005 U.S. private deposits -- -- -- -- -- -- -- -- 50

51 FA313091105 Nonofficial foreign currencies -- -- -- -- -- -- -- -- 51

52 FA264122005 Debt securities -- -- -- -- -- -- -- -- 52

53 FA263169105 Commercial paper -- -- -- -- -- -- -- -- 53

54 FA263163005 Bonds -- -- -- -- -- -- -- -- 54

55 FA264135005 Loans -- -- -- -- -- -- -- -- 55

56 FA264141005 Short term -- -- -- -- -- -- -- -- 56

57 FA262151003 Security repurchases -- -- -- -- -- -- -- -- 57

58 FA263169005 Other loans and advances -- -- -- -- -- -- -- -- 58

59 FA263168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- 59

60 FA713091103 Nonoff. foreign currencies (swap lines) -- -- -- -- -- -- -- -- 60

61 FA263192305 Long term (foreign direct investment in the U.S.: debt) -- -- -- -- -- -- -- -- 61
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Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

62 FA263181105 Equity and investment fund shares -- -- -- -- -- -- -- -- 62

63 FA263164100 Corporate equities -- -- -- -- -- -- -- -- 63

64 FA313092803 U.S. government equity in IBRD, etc. -- -- -- -- -- -- -- -- 64

65 FA263192101 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- 65

66 FA263152005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 66

67 FA263196005 Other accounts payable -- -- -- -- -- -- -- -- 67

68 FA263170005 Trade payables -- -- -- -- -- -- -- -- 68

69 FA263194735 Other investment by U.S. holding companies -- -- -- -- -- -- -- -- 69

 Addendum:

70 FA265000005 Net lending (+) or borrowing (-), financial account (lines 15-45) -- -- -- -- -- -- -- -- 70

 Other changes in volume account

71 FV268090185 Total other volume changes -- -- -- -- -- -- -- -- 71

72 FV268090085 Other volume changes -- -- -- -- -- -- -- -- 72

73 FU267005085 Less: Statistical discrepancy (lines 13-70) (3) -- -- -- -- -- -- -- -- 73

 Revaluation account

74 FR264090005 Financial assets -- -- -- -- -- -- -- -- 74

75 FR263011005 Monetary gold and SDRs -- -- -- -- -- -- -- -- 75

76 FR264000005 Currency and deposits -- -- -- -- -- -- -- -- 76

77 FR264022005 Debt securities -- -- -- -- -- -- -- -- 77

78 FR263069103 Open market paper -- -- -- -- -- -- -- -- 78

79 FR263061105 Treasury securities -- -- -- -- -- -- -- -- 79

80 FR263061705 Agency- and GSE-backed securities -- -- -- -- -- -- -- -- 80

81 FR263062003 Municipal securities -- -- -- -- -- -- -- -- 81

82 FR263063005 Corporate bonds -- -- -- -- -- -- -- -- 82

83 FR263092305 Foreign direct investment in the U.S.: debt -- -- -- -- -- -- -- -- 83

84 FR263081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 84

85 FR263064105 Corporate equities -- -- -- -- -- -- -- -- 85

86 FR263064203 Mutual fund shares -- -- -- -- -- -- -- -- 86

87 FR263092101 Foreign direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 87

88 FR263096005 Other accounts receivable -- -- -- -- -- -- -- -- 88

89 FR264194005 Liabilities -- -- -- -- -- -- -- -- 89

90 FR313011303 SDR holdings -- -- -- -- -- -- -- -- 90

91 FR264100005 Currency and deposits -- -- -- -- -- -- -- -- 91

92 FR263111503 Official foreign currencies -- -- -- -- -- -- -- -- 92

93 FR263111403 Reserve position in IMF (net) -- -- -- -- -- -- -- -- 93

94 FR263191005 U.S. private deposits -- -- -- -- -- -- -- -- 94

95 FR263191103 Nonofficial foreign currencies -- -- -- -- -- -- -- -- 95

96 FR263163005 Debt securities (corporate bonds) -- -- -- -- -- -- -- -- 96

97 FR264135005 Loans -- -- -- -- -- -- -- -- 97

98 FR263169203 Short term (other loans and advances) -- -- -- -- -- -- -- -- 98

99 FR263192305 Long term (U.S. direct investment abroad: debt) -- -- -- -- -- -- -- -- 99

100 FR263181105 Equity and investment fund shares -- -- -- -- -- -- -- -- 100

101 FR263164100 Corporate equities -- -- -- -- -- -- -- -- 101

102 FR263192101 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- 102

103 FR263152005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 103

104 FR263196005 Other accounts payable -- -- -- -- -- -- -- -- 104

105 FR265000005 Changes in net worth due to nominal holding gains/losses -- -- -- -- -- -- -- -- 105

 Changes in balance sheet account

106 FC262090095 Change in net worth (lines 13+70+105) -- -- -- -- -- -- -- -- 106

 Financial Balance sheet account (end of period)

107 FL264090005 Total financial assets (4) -- -- -- -- -- -- -- -- 107

108 FL313111303 SDR allocations -- -- -- -- -- -- -- -- 108
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192 Z.1, June 7, 2024

S.9.a Rest of the World

Billions of dollars

2016 2017 2018 2019 2020 2021 2022 2023

 

109 FL264000005 Currency and deposits -- -- -- -- -- -- -- -- 109

110 FL263025003 Currency -- -- -- -- -- -- -- -- 110

111 FL263027003 Transferable deposits -- -- -- -- -- -- -- -- 111

112 FL263030005 Time deposits -- -- -- -- -- -- -- -- 112

113 FL264016005 Net interbank items due from U.S. banks -- -- -- -- -- -- -- -- 113

114 FL264022005 Debt securities -- -- -- -- -- -- -- -- 114

115 LM263069103 Open market paper -- -- -- -- -- -- -- -- 115

116 LM263061105 Treasury securities -- -- -- -- -- -- -- -- 116

117 LM263061705 Agency- and GSE-backed securities (2) -- -- -- -- -- -- -- -- 117

118 LM263062003 Municipal securities -- -- -- -- -- -- -- -- 118

119 LM263063005 Corporate bonds -- -- -- -- -- -- -- -- 119

120 FL264035005 Loans -- -- -- -- -- -- -- -- 120

121 FL264041005 Short term -- -- -- -- -- -- -- -- 121

122 FL262051005 Security repurchases -- -- -- -- -- -- -- -- 122

123 FL263069005 Other loans and advances -- -- -- -- -- -- -- -- 123

124 FL263092305 Long term (U.S. direct investment abroad: debt) -- -- -- -- -- -- -- -- 124

125 FL263081005 Equity and investment fund shares -- -- -- -- -- -- -- -- 125

126 FL263034003 Money market fund shares -- -- -- -- -- -- -- -- 126

127 LM263064105 Corporate equities -- -- -- -- -- -- -- -- 127

128 LM263064203 Mutual fund shares -- -- -- -- -- -- -- -- 128

129 LM263092101 Foreign direct investment in the U.S.: equity -- -- -- -- -- -- -- -- 129

130 FL263052005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 130

131 FL263076005 Insurance receivables due from property-casualty insurance companies -- -- -- -- -- -- -- -- 131

132 FL543141905 Life insurance reserves -- -- -- -- -- -- -- -- 132

133 FL543151905 Pension entitlements -- -- -- -- -- -- -- -- 133

134 LM263096005 Other accounts receivable -- -- -- -- -- -- -- -- 134

135 FL262100005 Total liabilities and net worth -- -- -- -- -- -- -- -- 135

136 FL264194005 Total liabilities -- -- -- -- -- -- -- -- 136

137 FL313011303 SDR holdings -- -- -- -- -- -- -- -- 137

138 FL264100005 Currency and deposits -- -- -- -- -- -- -- -- 138

139 FL263111503 Official foreign currencies -- -- -- -- -- -- -- -- 139

140 FL263111403 Reserve position in IMF (net) -- -- -- -- -- -- -- -- 140

141 LM263191005 U.S. private deposits -- -- -- -- -- -- -- -- 141

142 FL313091105 Nonofficial foreign currencies -- -- -- -- -- -- -- -- 142

143 FL264122005 Debt securities -- -- -- -- -- -- -- -- 143

144 FL263169105 Commercial paper -- -- -- -- -- -- -- -- 144

145 LM263163005 Bonds -- -- -- -- -- -- -- -- 145

146 FL264135005 Loans -- -- -- -- -- -- -- -- 146

147 FL264141005 Short term -- -- -- -- -- -- -- -- 147

148 FL262151003 Security repurchases -- -- -- -- -- -- -- -- 148

149 FL263169005 Other loans and advances -- -- -- -- -- -- -- -- 149

150 FL263168005 Depository institution loans n.e.c. -- -- -- -- -- -- -- -- 150

151 FL713091103 Nonoff. foreign currencies (swap lines) -- -- -- -- -- -- -- -- 151

152 FL263192305 Long term (foreign direct investment in the U.S.: debt) -- -- -- -- -- -- -- -- 152

153 FL263181105 Equity and investment fund shares -- -- -- -- -- -- -- -- 153

154 LM263164100 Corporate equities -- -- -- -- -- -- -- -- 154

155 FL313092803 U.S. government equity in IBRD, etc. -- -- -- -- -- -- -- -- 155

156 LM263192101 U.S. direct investment abroad: equity -- -- -- -- -- -- -- -- 156

157 FL263152005 Insurance, pension and standardized guarantee schemes -- -- -- -- -- -- -- -- 157

158 LM263196005 Other accounts payable -- -- -- -- -- -- -- -- 158

159 LM263170005 Trade payables -- -- -- -- -- -- -- -- 159

160 FL263194735 Other investment by U.S. holding companies -- -- -- -- -- -- -- -- 160

161 FL262090095 Net worth (external account) -- -- -- -- -- -- -- -- 161

(1) Prior to 1999, current taxes, contributions for government social insurance, and transfer receipts from the rest of the world (line 8) are not separately displayed, and line 4 includes

 current taxes and transfer payments to the rest of the world net of current taxes, contributions for government social insurance, and transfer receipts from the rest of the world.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in 2004:Q4.

(3) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

 reflects differences in source data, timing of recorded transactions, and other statistical differences between the capital and financial accounts.

(4) Nonfinancial assets, including nonproduced nonfinancial assets, are not included on the balance sheet.