NOTES TO THE FINANCIAL STATEMENTS 126

Note 19. Commitments 

Long-Term Operating Leases as of September 30, 2019, and 2018 

Restated 

(In billions of dollars) 2019 2018

General Services Administration ................................................................. 22.0 21.6 

U.S. Postal Service .................................................................................... 4.6 3.5 

Department of Veterans Affairs ................................................................... 4.2 3.9 

Department of State ................................................................................... 1.4 1.4 

Department of Health and Human Services ................................................. 1.1 0.8 

Other operating leases ............................................................................... 3.7 4.8 

Total long-term operating leases ............................................................. 37.0 36.0 

The government has entered into contractual commitments that require future use of financial resources. It has 

significant amounts of long-term lease obligations. 

Certain amounts related to VA have been restated for fiscal year 2018 which resulted in a $3.9 billion increase of Total 

long-term operating leases. The corrections were a result of an identified understatement during fiscal year 2018 for VA’s 

operating leases. 

 

 

Undelivered Orders and Other Commitments as of September 30, 2019, and 2018 

Restated 

(In billions of dollars) 2019 2018

Undelivered Orders: 

Department of Defense .............................................................................. 381.7 319.8 

Security Assistance Accounts ..................................................................... 184.0 168.4 

Department of Health and Human Services ................................................. 131.5 122.7 

Department of Education ............................................................................ 121.6 132.7 

Department of Transportation ..................................................................... 110.6 110.5 

Department of Agriculture .......................................................................... 58.1 58.3 

Department of Housing and Urban Development ......................................... 52.0 48.9 

Department of Homeland Security .............................................................. 43.9 42.3 

Department of Energy ................................................................................ 31.5 27.0 

Department of State ................................................................................... 24.0 24.0 

U.S. Agency for International Development ................................................. 18.2 17.4 

All other entities ......................................................................................... 141.4 126.6 

Total undelivered orders .......................................................................... 1,298.5 1,198.6 

Other Commitments: 

GSE Senior Preferred Stock Purchase Agreements ..................................... 254.1 254.1 

U.S. Participation in the International Monetary Fund ................................... 151.4 154.9 

Callable Capital Subscriptions for Multilateral Development Banks ................ 121.7 121.1 

All other commitments ............................................................................... 25.8 28.8 

Total other commitments ......................................................................... 553.0 558.9 
 127 NOTES TO THE FINANCIAL STATEMENTS

Undelivered Orders and Other Commitments 

Undelivered Orders 

Undelivered orders represent the value of goods and services ordered that have not yet been received. As of September 

30, 2019, and 2018, the total reported undelivered orders were $1,298.5 billion and $1,198.6 billion, respectively. As of 

September 30, 2019, and 2018, DOD reported undelivered orders of $381.7 billion and $319.8 billion, respectively. The 

$61.9 billion increase primarily resulted from enhanced methods used in the classification of federal and non-federal 

undelivered orders. 

GSE Senior Preferred Stock Purchase Agreements 

At September 30, 2019 and 2018, the maximum remaining potential commitment to the GSEs for the remaining life of 

the SPSPAs was $254.1 billion, which was established on December 31, 2012. Refer to Note 8—Investments in 

Government-Sponsored Enterprises for a full description of the SPSPAs related commitments and contingent liability, if any, 

as well as additional information. 

U.S. Participation in the International Monetary Fund 

The government participates in the IMF through a quota subscription and certain borrowing arrangements that 

supplement IMF resources. As of September 30, 2019, and 2018, the financial commitment, including funded portion, under 

the U.S. quota and borrowing arrangements was $151.4 billion and $154.9 billion, respectively. Refer to Note 2—Cash and 

Other Monetary Assets and Note 25—Disclosure Entities and Related Parties for more information regarding the U.S. 

participation in the IMF. 

Callable Capital Subscriptions for Multilateral Development Banks 

The government has callable subscriptions in certain MDBs, which are international financial institutions that finance 

economic and social development projects in developing countries. Callable capital in the MDBs serves as a supplemental 

pool of resources that may be redeemed and converted into ordinary paid in shares, if the MDB cannot otherwise meet certain 

obligations through its other available resources. MDBs are able to use callable capital as backing to obtain favorable 

financing terms when borrowing from international capital markets. To date, there has never been a call on this capital at any 

MDBs and none is anticipated. As of September 30, 2019, and 2018, the capital commitment to MDBs was $121.7 billion 

and $121.1 billion, respectively. 

All Other Commitments 

 Certain amounts related to DOT have been restated which resulted in a prior year increase of $6.4 billion. The 

corrections were a result from DOT reevaluating the disclosure requirements for commitments specifically related to its grant 

programs. 

Other Risks 

U.S. Contributions to International Organizations 

The U.S. government enters into agreements to pay future contributions to international organizations in which it 

participates as a member. These contributions may include financial and in-kind support, including assessed contributions, 

voluntary contributions, grants, and other assistance to international organizations. Following are examples of international 

organizations and their underlying missions that are supported by U.S. contributions: 

 Office of the United Nations High Commissioner for Refugees, which was established to safeguard the rights and 

well-being of refugees; 

 International Committee of the Red Cross, which provides humanitarian protection and assistance for victims of 

armed conflict and other situations of violence; 

 International Organization for Migration, which supports migration programs and the U.S. Refugee Assistance 

Program; 

 North Atlantic Treaty Organization, which promotes conflict prevention and peaceful resolution of disputes; 

 United Nations, which enables the world’s nations to work together toward freedom, democracy, peace, and human 

rights; 
NOTES TO THE FINANCIAL STATEMENTS 128

 World Food Program, which provides emergency nutrition programming; 

 Global Environment Facility, which is a multilateral trust fund that provides grants for global environmental 

projects; 

 Green Climate Fund, which was established to support the efforts of developing countries to respond to the 

challenge of climate change; 

 United Nations Children’s Fund, which promotes humanitarian and developmental assistance to children and 

mothers in developing countries; and 

 World Health Organization, which provides international health activities within the United Nations system and aids 

in health systems; including activities that address non-communicable and communicable diseases; environmental 

health; and natural and man-made emergencies.