December 9, 2004

Flow of Funds Accounts

of the United States

Coded Tables for the Z.1 release

Board of Governors of the Federal Reserve System, Washington D.C. 20551
Table of Contents

Flows Levels

Title Table Page Table Page

Summaries

Debt Growth by Sector D.1 1

Borrowing by Sector D.2 2

Debt Outstanding by Sector D.3 3

Total Net Borrowing and Lending in Credit Markets F.1 4 L.1 53

Credit Market Borrowing by Nonfinancial Sectors F.2 5 L.2 54

Credit Market Borrowing by Financial Sectors F.3 5 L.3 54

Credit Market Borrowing, All Sectors, by Instrument F.4 6 L.4 55

Total Liabilities and Its Relation to Total Financial Assets F.5 6 L.5 55

Distribution of Gross Domestic Product F.6 7

Distribution of National Income F.7 8

Saving and Investment F.8 9

Net Capital Transfers F.9 9

Derivation of Measures of Personal Saving F.10 10 L.10 56

Sectors

Households and Nonprofit Organizations F.100 11 L.100 57

Nonfinancial Business F.101 12 L.101 58

Nonfarm Nonfinancial Corporate Business F.102 13 L.102 59

Nonfarm Noncorporate Business F.103 14 L.103 60

Farm Business F.104 14 L.104 60
Flows Levels

Title Table Page Table Page

State and Local Governments F.105 15 L.105 61

Federal Government F.106 16 L.106 61

Rest of the World F.107 17 L.107 62

Monetary Authority F.108 18 L.108 63

Commercial Banking F.109 19 L.109 64

U.S.-Chartered Commercial Banks F.110 20 L.110 65

Foreign Banking Offices in U.S. F.111 21 L.111 66

Bank Holding Companies F.112 22 L.112 67

Banks in U.S.-Affiliated Areas F.113 22 L.113 67

Savings Institutions F.114 23 L.114 68

Credit Unions F.115 24 L.115 69

Bank Personal Trusts and Estates F.116 24 L.116 69

Life Insurance Companies F.117 25 L.117 70

Other Insurance Companies F.118 25 L.118 70

Private Pension Funds F.119 26 L.119 71

State and Local Government Employee Retirement Funds F.120 26 L.120 71

Federal Government Retirement Funds F.121 26 L.121 71

Money Market Mutual Funds F.122 27 L.122 72

Mutual Funds F.123 27 L.123 72

Closed-End and Exchange-Traded Funds F.124 27 L.124 72

Government-Sponsored Enterprises F.125 28 L.125 73

Agency- and GSE-backed Mortgage Pools F.126 28 L.126 73

Issuers of Asset-Backed Securities F.127 29 L.127 74

Finance Companies F.128 29 L.128 74

Mortgage Companies F.129 30 L.129 75

Real Estate Investment Trusts F.130 30 L.130 75
Flows Levels

Title Table Page Table Page

Security Brokers and Dealers F.131 31 L.131 76

Funding Corporations F.132 31 L.132 76

Instruments

Gold and Official Foreign Exchange Holdings F.200 32 L.200 77

SDR Certificates and Treasury Currency F.201 32 L.201 77

U.S. Deposits in Foreign Countries F.202 32 L.202 77

Net Interbank Transactions F.203 33 L.203 78

Checkable Deposits and Currency F.204 34 L.204 79

Time and Savings Deposits F.205 35 L.205 80

Money Market Mutual Fund Shares F.206 35 L.206 80

Federal Funds and Security Repurchase Agreements F.207 36 L.207 81

Open Market Paper F.208 36 L.208 81

Treasury Securities F.209 37 L.209 82

Agency- and GSE-backed Securities F.210 38 L.210 83

Municipal Securities and Loans F.211 39 L.211 84

Corporate and Foreign Bonds F.212 39 L.212 84

Corporate Equities F.213 40 L.213 85

Mutual Fund Shares F.214 40 L.214 85

Bank Loans Not Elsewhere Classified F.215 41 L.215 86

Other Loans and Advances F.216 42 L.216 87

Total Mortgages F.217 43 L.217 88

Home Mortgages F.218 44 L.218 89

Multifamily Residential Mortgages F.219 44 L.219 89

Commercial Mortgages F.220 45 L.220 90

Farm Mortgages F.221 45 L.221 90
Flows Levels

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Consumer Credit F.222 46 L.222 91

Trade Credit F.223 46 L.223 91

Security Credit F.224 46 L.224 91

Life Insurance and Pension Fund Reserves F.225 47 L.225 92

Taxes Payable by Businesses F.226 47 L.226 92

Investment in Bank Personal Trusts F.227 47 L.227 92

Proprietors' Equity in Noncorporate Business F.228 47

Total Miscellaneous Financial Claims F.229 48 L.229 93

Identified Miscellaneous Financial Claims - Part I F.230 49 L.230 94

Identified Miscellaneous Financial Claims - Part II F.231 50 L.231 95

Unidentified Miscellaneous Financial Claims F.232 51 L.232 96

Sector Discrepancies F.11 52

Instrument Discrepancies F.12 52

Balance Reconciliation

Sheet

Title Table Page Table Page

Balance Sheet and Reconciliation Tables

Households and Nonprofit Organization B.100 97 R.100 100

Nonfarm Nonfinancial Corporate Business B.102 98 R.102 101

Nonfarm Noncorporate Business B.103 99 R.103 102
Flows Levels

Title Table Page Table Page

Supplementary Tables

Nonprofit Organizations F.100.a 103 L.100.a 104

Consolidated Statement for Federal, State, and Local Governments F.106.c 105 L.106.c 106

Private Pension Funds: Defined Benefit Plans F.119.b 107 L.119.b 108

Private Pension Funds: Defined Contribution Plans F.119.c 107 L.119.c 108

Individual Retirement Accounts (IRAs) F.225.i 107 L.225.i 108

Flow of Funds Matrix 109 110

Balance Sheet of Households and Nonprofit Organizations

with Equity Detail B.100.e 111