110 Z.1, June 10, 2010

F.100.a Nonprofit Organizations (1)

Billions of dollars

1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000

 

 1 Net financial investment 53.5 42.1 21.7 8.8 23.3 11.1 52.5 48.5 83.6 9.2 1.5 -6.0 39.6 1

 2 Net acquisition of financial assets 70.9 75.8 53.8 46.4 53.0 45.2 76.5 84.9 120.0 47.4 55.0 28.8 108.1 2

 3 Checkable deposits and currency 0.5 -1.0 1.3 4.0 1.2 1.7 -2.5 2.3 8.3 2.9 3.1 2.3 5.1 3

 4 Time and savings deposits -0.2 5.4 -6.2 10.4 -2.4 -1.5 0.2 0.2 1.1 0.3 1.1 0.6 0.8 4

 5 Money market fund shares -13.1 4.9 -1.2 32.9 4.0 -13.8 1.1 1.2 9.4 -1.8 7.1 3.8 4.5 5

 6 Security RPs (2) 0.4 3.1 -2.2 -1.3 6.0 0.5 0.2 0.2 1.4 0.0 1.3 0.7 0.8 6

 7 Credit market instruments 54.9 21.9 22.2 -17.6 10.9 25.5 16.6 38.8 36.7 23.1 36.4 46.7 32.6 7

 8 Open market paper 38.2 -5.7 5.8 -35.2 -5.8 12.4 4.7 2.0 4.1 1.3 3.0 4.7 12.4 8

 9 Treasury securities 6.4 13.8 4.8 6.1 6.8 5.1 6.4 16.4 13.9 8.9 11.6 17.5 5.4 9

10 Agency- and GSE-backed securities 4.5 2.6 4.6 3.6 3.1 2.3 2.9 7.6 6.4 4.1 5.4 8.1 2.5 10

11 Municipal securities 0.0 0.5 -0.5 0.0 0.2 0.3 0.4 0.1 0.0 -0.1 0.1 0.1 0.0 11

12 Corporate and foreign bonds 6.6 9.7 8.2 7.9 5.6 4.5 2.4 11.9 11.7 8.3 15.4 15.4 10.5 12

13 Mortgages -0.8 0.9 -0.7 -0.1 0.9 0.9 -0.1 0.9 0.6 0.6 0.9 0.8 1.7 13

14 Corporate equities 5.2 16.1 15.0 -18.6 18.6 8.9 45.1 -10.4 21.0 -30.6 -40.7 -67.4 15.4 14

15 Mutual fund shares -1.0 2.6 1.2 -3.3 0.7 -0.7 1.5 1.3 2.4 -1.0 0.4 -3.3 -1.0 15

16 Security credit 2.8 2.8 2.6 2.0 1.1 0.8 2.0 1.5 3.4 3.7 4.6 1.1 4.3 16

17 Trade receivables (2) 2.8 2.8 2.6 2.0 1.1 1.8 2.1 1.6 3.5 2.6 4.6 1.1 4.3 17

18 Equity in noncorporate business -0.1 -3.9 -6.0 15.2 10.6 7.0 0.2 10.2 8.4 9.7 12.5 12.0 16.3 18

19 Miscellaneous assets (2) 18.6 21.0 24.5 20.5 1.2 15.0 10.1 38.0 24.4 38.3 24.7 31.2 25.0 19

20 Net increase in liabilities 17.3 33.6 32.1 37.6 29.7 34.1 24.0 36.4 36.3 38.2 53.5 34.7 68.5 20

21 Credit market instruments 7.5 11.7 11.8 14.3 10.0 13.8 2.4 -0.6 11.0 10.6 23.4 13.5 19.3 21

22 Municipal securities 1.5 3.2 3.0 3.8 2.4 1.1 3.2 0.2 6.1 7.1 11.8 10.4 5.8 22

23 Bank loans n.e.c. 0.2 -5.2 -1.1 -2.8 2.4 5.0 6.4 8.9 0.2 4.8 1.2 -6.2 0.1 23

24 Other loans and advances -0.0 -0.0 0.3 0.4 -0.2 0.1 0.1 -0.1 0.0 -0.2 -0.1 0.1 -0.3 24

25 Commercial mortgages 5.8 13.8 9.7 12.9 5.4 7.7 -7.4 -9.6 4.7 -1.2 10.5 9.3 13.7 25

26 Trade payables 2.4 16.2 9.3 9.4 5.9 6.0 5.2 7.9 8.0 8.9 8.7 4.1 3.8 26

27 Miscellaneous liabilities (2) 7.4 5.8 10.9 13.8 13.8 14.3 16.5 29.1 17.3 18.7 21.4 17.0 45.4 27

(1) Does not include religious organizations or organizations with less than $25,000 in gross annual receipts.

(2) Not included in table F.100.
Z.1, June 10, 2010 111

L.100.a Nonprofit Organizations (1)

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

1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000

 

 1 Total financial assets 590.7 710.5 742.1 828.1 890.2 957.1 1025.5 1214.0 1414.1 1607.3 1793.9 1974.7 2003.8 1

 2 Checkable deposits and currency 17.0 15.9 17.3 21.3 22.5 24.1 21.6 23.9 32.1 35.0 38.1 40.4 45.5 2

 3 Time and savings deposits 1.5 6.8 0.6 11.1 8.7 7.1 7.3 7.5 8.6 8.9 10.0 10.6 11.4 3

 4 Money market fund shares 15.9 20.8 19.6 52.5 56.5 42.7 43.8 45.1 54.5 52.7 59.8 63.6 68.1 4

 5 Security RPs (2) 1.7 4.8 2.5 1.3 7.3 7.8 8.0 8.2 9.6 9.6 10.9 11.6 12.5 5

 6 Credit market instruments 229.3 251.2 273.4 255.9 266.8 292.3 308.9 347.7 384.4 407.6 443.9 490.6 523.2 6

 7 Open market paper 93.6 87.9 93.7 58.5 52.7 65.0 69.7 71.7 75.8 77.1 80.2 84.9 97.3 7

 8 Treasury securities 55.7 69.5 74.3 80.3 87.1 92.2 98.5 114.9 128.8 137.6 149.2 166.8 172.2 8

 9 Agency- and GSE-backed securities 26.3 28.9 33.5 37.1 40.3 42.6 45.5 53.1 59.5 63.6 69.0 77.1 79.6 9

10 Municipal securities 0.1 0.6 0.1 0.2 0.4 0.8 1.1 1.2 1.3 1.2 1.3 1.5 1.5 10

11 Corporate and foreign bonds 51.1 60.8 69.0 77.0 82.6 87.1 89.5 101.4 113.1 121.4 136.8 152.2 162.6 11

12 Mortgages 2.6 3.5 2.8 2.8 3.7 4.6 4.5 5.3 6.0 6.6 7.4 8.3 10.0 12

13 Corporate equities 145.8 203.0 197.5 214.6 241.1 270.2 308.2 397.1 494.7 604.9 692.0 769.3 708.6 13

14 Mutual fund shares 10.2 15.8 15.3 15.9 17.7 18.5 19.0 24.6 30.4 34.5 38.7 42.7 38.8 14

15 Security credit 25.7 28.5 31.1 33.1 34.3 35.0 37.1 38.6 42.0 45.8 50.3 51.5 55.8 15

16 Trade receivables (2) 25.7 28.5 31.1 33.1 34.3 36.1 38.1 39.7 43.2 45.8 50.3 51.5 55.8 16

17 Equity in noncorporate business 26.1 22.2 16.2 31.4 42.0 49.0 49.2 59.4 67.8 77.5 90.0 102.0 118.3 17

18 Miscellaneous assets (2) 92.0 112.9 137.4 158.0 159.2 174.2 184.3 222.2 246.7 285.0 309.7 340.9 365.9 18

19 Liabilities 253.8 287.5 319.5 357.1 386.8 421.0 444.9 481.4 517.7 555.8 609.3 644.1 712.5 19

20 Credit market instruments 154.4 166.1 177.9 192.3 202.3 216.1 218.5 217.9 228.9 239.5 262.9 276.4 295.7 20

21 Municipal securities 79.6 82.7 85.7 89.5 91.9 93.0 96.1 96.4 102.4 109.6 121.3 131.7 137.5 21

22 Bank loans n.e.c. 15.5 10.3 9.2 6.4 8.8 13.8 19.9 28.8 29.0 34.1 35.3 30.2 30.3 22

23 Other loans and advances 0.3 0.3 0.5 0.9 0.7 0.8 0.9 0.8 0.9 0.7 0.6 0.7 0.4 23

24 Commercial mortgages 59.0 72.8 82.5 95.5 100.9 108.5 101.5 91.9 96.6 95.1 105.6 113.7 127.5 24

25 Trade payables 41.3 57.4 66.8 76.2 82.1 88.1 93.2 101.1 109.1 118.0 126.8 130.9 134.7 25

26 Miscellaneous liabilities (2) 58.2 63.9 74.8 88.6 102.5 116.8 133.3 162.4 179.7 198.4 219.7 236.8 282.1 26

(1) Does not include religious organizations or organizations with less than $25,000 in gross annual receipts.

(2) Not included in table L.100.
112 Z.1, June 10, 2010

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

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2004 2005 2006 2007 2008 2009 2009 2010

 Q1 Q2 Q3 Q4 Q1

 1 Current receipts, NIPA basis 3265.7 3659.3 3995.2 4209.2 4057.6 3743.7 3775.0 3728.4 3708.5 3763.0 3861.5 1

 2 Personal current taxes 1047.8 1208.6 1352.4 1490.9 1432.4 1101.7 1187.3 1082.6 1071.0 1066.1 1083.0 2

 3 Taxes on production and imports 863.4 930.2 986.8 1028.7 1047.3 1023.9 1018.8 1019.6 1023.1 1034.1 1044.8 3

 4 Taxes on corporate income 292.0 395.9 454.2 426.7 263.3 289.5 244.2 281.2 296.7 336.0 393.6 4

 5 Taxes from the rest of the world 10.0 12.1 14.0 14.2 15.0 12.3 13.5 12.1 10.8 13.1 13.3 5

 6 Contributions for govt. social insurance 831.7 877.4 926.4 964.2 995.6 971.0 974.8 976.0 967.6 965.6 986.0 6

 7 Income receipts on assets 100.3 111.9 129.6 143.3 144.2 164.3 156.5 166.5 165.7 168.6 159.4 7

 8 Current transfer receipts 119.3 126.7 136.0 147.7 166.7 189.0 190.7 199.3 180.0 186.0 187.0 8

 9 Current surplus of government enterprises 1.2 -3.5 -4.2 -6.6 -6.9 -8.1 -10.7 -8.8 -6.3 -6.5 -5.4 9

10 Current expenditures, NIPA basis 3653.5 3916.4 4147.9 4424.0 4740.3 4989.3 4780.6 5021.9 5077.0 5077.8 5196.6 10

11 Consumption expenditures 1860.4 1977.9 2093.3 2214.9 2386.9 2416.9 2378.6 2409.0 2431.0 2449.1 2477.8 11

12 Government social benefits 1409.2 1494.0 1596.1 1701.1 1859.2 2087.7 1969.7 2123.5 2120.8 2136.8 2199.1 12

13 Other current transfer payments 30.9 40.9 34.9 42.2 44.8 46.0 39.5 51.7 53.7 39.0 55.9 13

14 Interest payments 306.6 342.7 372.2 411.0 395.9 379.1 337.3 382.8 403.8 392.4 403.4 14

15 Subsidies 46.4 60.9 51.4 54.8 53.5 59.6 55.5 54.9 67.7 60.3 60.5 15

16 - Wage accruals less disbursements 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

17 Net government saving, NIPA basis -387.8 -257.1 -152.7 -214.8 -682.7 -1245.6 -1005.7 -1293.5 -1368.5 -1314.8 -1335.1 17

18 + Consumption of fixed capital 231.9 250.6 269.3 290.4 310.9 325.2 322.3 323.5 325.2 330.0 334.1 18

19 - Insurance and pension fund reserves (1) 0.0 0.7 0.1 0.1 -0.6 0.5 0.8 -0.2 -1.5 2.8 -4.5 19

20 - Contr. for govt. soc. insur., U.S.-affiliated areas 4.4 4.7 4.6 4.8 5.0 5.1 5.1 5.1 5.0 5.0 5.1 20

21 - Net capital transfers (2) -8.6 10.0 -14.7 -2.7 4.0 13.4 6.9 10.1 13.8 22.8 20.4 21

22 = Gross saving less net capital transfers -151.7 -21.9 126.6 73.4 -380.2 -939.3 -696.1 -985.0 -1060.7 -1015.5 -1022.1 22

23 Gross investment -81.8 28.8 233.9 146.1 -358.2 -768.4 -574.8 -792.0 -850.6 -856.4 -926.0 23

24 Fixed investment 372.4 392.0 425.1 461.6 496.3 513.8 500.4 520.4 524.3 510.0 496.8 24

25 Nonproduced nonfinancial assets 11.4 9.8 -2.2 11.8 -6.2 6.3 -13.9 10.6 15.3 13.3 13.8 25

26 Net financial investment -465.6 -373.0 -189.0 -327.3 -848.3 -1288.6 -1061.3 -1323.0 -1390.2 -1379.7 -1436.7 26

27 Net acquisition of financial assets 91.9 148.6 214.1 229.2 633.3 390.8 415.2 732.2 487.2 -71.6 366.2 27

28 Gold, SDRs, and official foreign exchange -3.1 -14.4 -2.7 -0.4 4.2 51.9 3.5 14.3 195.3 -5.4 0.7 28

29 Checkable deposits and currency -37.8 21.7 2.7 20.4 321.6 -154.9 -354.4 220.6 -229.2 -256.4 140.2 29

30 Time and savings deposits 11.6 11.8 26.4 37.6 17.9 11.2 63.7 -25.2 12.3 -6.0 36.5 30

31 Money market fund shares 3.9 5.1 6.8 4.9 0.7 6.1 13.0 -2.1 8.4 4.9 4.2 31

32 Security RPs 7.7 10.0 13.5 9.7 1.5 11.9 16.2 5.3 16.5 9.6 8.3 32

33 Credit market instruments 49.5 60.1 88.5 32.9 -1.1 257.7 262.2 307.5 299.4 161.5 24.2 33

34 Open market paper 10.1 13.1 17.6 -7.3 -62.3 -45.6 -33.1 -52.4 -57.9 -39.0 -19.4 34

35 Agency- and GSE-backed securities (3) 21.9 28.4 38.3 14.6 34.1 119.1 194.4 160.8 67.6 53.5 -66.6 35

36 Municipal securities 0.3 0.4 0.5 0.3 0.1 0.4 -0.5 1.3 0.6 0.3 0.3 36

37 Corporate and foreign bonds 6.9 9.0 12.1 8.8 1.3 11.3 17.5 -16.7 35.6 8.7 7.6 37

38 Mortgages 9.9 13.1 18.2 12.5 7.9 32.5 -11.3 62.5 74.9 4.1 3.7 38

39 Consumer credit 3.7 3.7 1.9 6.7 12.6 75.0 36.7 56.8 84.5 121.9 84.8 39

40 Other loans and advances (4) -3.3 -7.7 -0.0 -2.9 5.2 64.9 58.4 95.2 94.2 11.9 13.8 40

41 Corporate equities -4.2 2.5 -4.4 7.1 273.9 5.2 377.1 -123.6 55.6 -288.4 -4.5 41

42 Mutual fund shares -1.3 0.8 -1.3 2.2 8.6 8.0 8.4 12.6 11.4 -0.4 0.9 42

43 Trade receivables 18.4 19.5 2.2 11.2 5.7 20.1 -8.0 41.3 30.6 16.5 0.2 43

44 Taxes receivable 33.7 40.9 5.1 -28.4 -89.6 67.9 5.7 111.8 69.9 84.3 59.6 44

45 Miscellaneous assets 13.5 -9.2 77.3 132.0 89.8 105.7 27.9 169.6 17.0 208.2 95.8 45

46 Net increase in liabilities 557.4 521.7 403.1 556.5 1481.6 1679.3 1476.5 2055.2 1877.4 1308.1 1802.9 46

47 SDR certificates 0.0 0.0 0.0 0.0 0.0 3.0 0.0 0.0 12.0 0.0 0.0 47

48 Treasury currency 0.7 0.8 0.6 -0.7 -0.8 -0.4 -0.0 -0.0 -1.0 -0.4 0.0 48

49 Credit market instruments 450.8 385.9 301.0 412.9 1325.2 1501.9 1502.1 1956.1 1551.1 998.3 1580.3 49

50 Savings bonds 0.6 0.7 -2.7 -6.0 -2.4 -2.8 -0.3 -1.0 -2.8 -6.9 -4.0 50

51 Other Treasury securities (5) 337.0 214.3 150.9 228.9 1281.0 1397.1 1400.3 1867.1 1423.3 897.7 1483.8 51

52 Budget agency securities -0.6 -0.4 -0.3 -0.4 0.2 0.1 -3.2 -1.1 3.7 1.2 0.3 52

53 Municipal securities 113.8 171.3 153.1 190.4 46.4 107.4 105.3 91.1 126.9 106.3 100.1 53

54 Multifamily residential mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 54

55 Trade payables 45.6 65.8 40.6 66.5 66.7 92.2 13.1 34.5 274.4 47.1 221.8 55

56 Insurance reserves 1.1 1.1 1.5 1.2 1.0 1.1 -0.2 2.1 0.2 2.4 -0.3 56

57 Miscellaneous liabilities (6) 59.3 68.0 59.4 76.6 89.5 81.4 -38.4 62.6 40.8 260.7 1.3 57

58 Discrepancy -69.9 -50.6 -107.3 -72.7 -22.0 -170.9 -121.3 -193.0 -210.1 -159.1 -96.0 58

 Memo:

59 Net govt. saving less fixed investment (7) -760.2 -649.1 -577.8 -676.4 -1179.1 -1759.4 -1506.0 -1813.9 -1892.9 -1824.8 -1832.0 59

60 Adjustment between NIPA and FOF (8) 294.6 276.1 388.8 349.1 330.8 470.8 444.7 490.9 502.7 445.1 395.3 60

61 Items to be financed (9) -465.6 -373.0 -189.0 -327.3 -848.3 -1288.6 -1061.3 -1323.0 -1390.2 -1379.7 -1436.7 61

(1) 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.

(2) Table F.9, line 59 less line 12.

(3) Holdings by state and local governments may include small amounts of budget agency securities issued by the federal government.

(4) Excludes loans to state and local governments.

(5) Excludes Treasury securities owed to state and local governments.

(6) Includes nonmarketable government securities held by the civil service retirement and disability fund, Railroad Retirement Board, judicial retirement fund, military

 retirement fund, and foreign service retirement and disability fund.

(7) Line 17 less line 24.

(8) Line 18 less the sum of lines 19, 20, 21, 25, and 58.

(9) Line 59 plus line 60.
Z.1, June 10, 2010 113

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

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

2004 2005 2006 2007 2008 2009 2009 2010

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 2271.0 2398.5 2573.9 2778.0 3375.5 3600.6 3352.5 3523.2 3646.9 3600.6 3681.4 1

 2 Gold, SDRs, and official foreign exchange 54.5 35.3 34.5 36.4 41.9 94.6 40.4 46.0 97.3 94.6 92.2 2

 3 Checkable deposits and currency 68.9 93.3 94.8 113.6 433.6 278.6 332.6 404.4 346.0 278.6 300.7 3

 4 Time and savings deposits 173.0 184.8 211.2 248.8 266.6 277.8 279.9 269.0 274.9 277.8 283.8 4

 5 Money market fund shares 66.6 71.7 78.5 83.5 84.2 90.3 87.5 87.0 89.0 90.3 91.3 5

 6 Security RPs 131.2 141.2 154.6 164.3 165.8 177.7 169.9 171.2 175.3 177.7 179.8 6

 7 Credit market instruments 1073.6 1133.8 1222.3 1255.2 1254.1 1511.8 1322.2 1397.6 1473.7 1511.8 1520.5 7

 8 Open market paper 171.7 184.8 202.4 195.2 132.8 87.2 124.6 111.5 97.0 87.2 82.4 8

 9 Agency- and GSE-backed securities (1) 373.2 401.6 439.9 454.6 488.7 607.7 537.3 577.5 594.4 607.7 591.1 9

10 Municipal securities 4.7 5.0 5.5 5.8 5.9 6.3 5.8 6.1 6.2 6.3 6.4 10

11 Corporate and foreign bonds 118.2 127.2 139.4 148.1 149.5 160.8 153.9 149.7 158.6 160.8 162.7 11

12 Mortgages 215.4 228.5 246.7 259.2 267.1 299.7 264.3 279.9 298.6 299.7 300.6 12

13 Consumer credit 86.1 89.8 91.7 98.4 111.0 186.0 122.7 135.4 157.8 186.0 209.8 13

14 Other loans and advances (2) 104.5 96.8 96.8 93.9 99.1 164.0 113.7 137.5 161.1 164.0 167.5 14

15 Corporate equities 90.0 96.8 106.0 112.7 269.4 175.8 299.3 246.3 262.1 175.8 184.4 15

16 Mutual fund shares 27.5 29.6 32.5 34.5 27.4 44.4 26.6 34.0 42.2 44.4 47.2 16

17 Trade receivables 196.2 215.7 217.9 229.0 234.7 254.8 231.4 243.7 250.3 254.8 253.1 17

18 Taxes receivable 190.9 232.6 285.1 342.5 389.3 416.1 397.8 404.0 417.2 416.1 420.9 18

19 Miscellaneous assets 198.6 163.8 136.3 157.5 208.4 278.8 164.9 220.1 218.7 278.8 307.6 19

20 Total liabilities 7281.7 7785.1 8182.3 8739.2 10220.5 11896.6 10681.9 11053.0 11529.4 11896.6 12449.1 20

21 SDR certificates 2.2 2.2 2.2 2.2 2.2 5.2 2.2 2.2 5.2 5.2 5.2 21

22 Treasury currency 26.7 27.5 28.1 27.4 26.6 26.2 26.6 26.5 26.3 26.2 26.2 22

23 Credit market instruments 5678.4 6064.3 6365.3 6778.2 8103.4 9605.3 8585.9 8938.4 9326.1 9605.3 10118.3 23

24 Savings bonds 204.4 205.1 202.4 196.4 194.0 191.2 193.9 193.5 192.4 191.2 190.2 24

25 Other Treasury securities (3) 3777.2 3991.5 4142.4 4371.3 5652.3 7049.4 6106.4 6431.8 6803.5 7049.4 7534.7 25

26 Budget agency securities 24.3 23.8 23.5 23.1 23.3 23.5 22.5 22.3 23.2 23.5 23.6 26

27 Municipal securities 1672.6 1843.9 1997.0 2187.4 2233.8 2341.2 2263.1 2290.8 2307.1 2341.2 2369.8 27

28 Multifamily residential mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28

29 Trade payables 618.9 684.7 725.3 791.8 858.5 950.7 863.8 876.5 945.3 950.7 1008.1 29

30 Insurance reserves 41.6 42.7 44.2 45.4 46.4 47.5 46.3 46.9 46.9 47.5 47.4 30

31 Miscellaneous liabilities (4) 913.9 963.7 1017.2 1094.2 1183.5 1261.6 1157.1 1162.5 1179.5 1261.6 1243.8 31

(1) Holdings by state and local governments may include small amounts of budget agency securities issued by the federal government.

(2) Excludes loans to state and local governments.

(3) Excludes Treasury securities owed to state and local governments.

(4) Includes nonmarketable government securities held by the civil service retirement and disability fund, Railroad Retirement Board, judicial retirement fund, military

 retirement fund, and foreign service retirement and disability fund.
114 Z.1, June 10, 2010

F.118.b Private Pension Funds: Defined Benefit Plans

Billions of dollars; quarterly figures are seasonally adjusted annual rates

2004 2005 2006 2007 2008 2009 2009 2010

 Q1 Q2 Q3 Q4 Q1

 1 Net acquisition of financial assets -37.1 -35.4 -46.6 -76.4 -82.4 -35.1 -71.1 -42.8 -14.1 -12.5 -48.4 1

 2 Checkable deposits and currency 0.1 0.1 0.2 0.2 0.1 2.8 0.0 0.1 5.0 6.1 7.3 2

 3 Time and savings deposits -4.8 5.6 0.4 1.6 1.1 3.3 4.7 0.6 3.9 4.0 4.0 3

 4 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Security RPs 0.4 0.7 0.3 0.2 0.1 -0.0 -0.0 0.1 -0.1 -0.1 -0.1 5

 6 Credit market instruments -10.5 33.8 34.3 84.8 71.8 114.1 124.8 88.0 144.6 98.8 106.8 6

 7 Open market paper -0.3 0.6 0.3 -4.5 10.1 -4.1 5.5 2.9 -14.4 -10.5 -7.6 7

 8 Treasury securities -6.9 1.4 11.8 32.8 10.1 97.9 91.3 69.8 148.3 82.0 85.0 8

 9 Agency- and GSE-backed securities 7.7 16.1 2.6 26.7 13.7 -23.4 -20.5 -31.2 -31.0 -10.8 -10.0 9

10 Corporate and foreign bonds -10.8 15.9 19.6 30.3 38.2 44.6 49.5 46.9 42.7 39.1 40.3 10

11 Mortgages -0.1 -0.2 -0.1 -0.5 -0.3 -0.9 -1.0 -0.4 -1.1 -1.0 -0.9 11

12 Corporate equities -12.6 -49.0 -107.9 -209.0 -171.1 -159.6 -186.6 -171.4 -158.1 -122.4 -143.8 12

13 Mutual fund shares 11.2 -7.0 -0.2 20.1 15.5 -5.2 -4.1 -6.5 -7.6 -2.7 -9.7 13

14 Miscellaneous assets -20.9 -19.8 26.3 25.6 0.0 9.6 -9.8 46.3 -1.7 3.8 -13.0 14

15 Unallocated insurance contracts (1) -24.5 -16.4 12.0 29.0 24.0 5.6 4.3 13.5 -4.3 8.9 -10.4 15

16 Contributions receivable -2.0 -1.9 -0.2 -0.2 -0.1 -0.4 -0.4 7.8 -4.4 -4.4 -2.0 16

17 Other 5.5 -1.5 14.5 -3.1 -23.9 4.4 -13.7 25.0 7.0 -0.7 -0.6 17

(1) Assets of private pension plans held at life insurance companies (e.g., GICs, variable annuities); series begins 1985:Q4.

F.118.c Private Pension Funds: Defined Contribution Plans (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

 1 Net acquisition of financial assets 60.4 67.5 58.3 58.1 27.3 18.4 8.5 9.7 39.0 16.2 29.5 1

 2 Checkable deposits and currency 0.0 0.2 0.2 0.4 0.3 1.4 0.1 -1.5 5.0 1.9 2.2 2

 3 Time and savings deposits -0.1 0.7 0.5 3.0 -0.8 1.4 2.0 -1.7 4.1 1.3 -0.1 3

 4 Money market fund shares 0.6 1.9 3.4 3.4 2.3 0.6 1.4 0.5 0.3 0.3 0.3 4

 5 Security RPs -0.1 0.3 0.4 3.1 7.2 3.1 14.9 3.8 17.0 -23.2 0.5 5

 6 Credit market instruments 11.6 11.4 24.1 17.7 18.9 -2.5 21.2 -19.2 -14.2 2.3 10.7 6

 7 Open market paper 1.3 2.4 -0.1 -0.3 0.2 -6.4 -3.8 -0.9 -12.1 -8.8 -12.2 7

 8 Treasury securities 3.1 2.1 2.4 5.9 5.3 27.9 25.9 19.3 28.3 38.1 38.4 8

 9 Agency- and GSE-backed securities 4.1 0.7 14.0 1.4 7.7 -25.7 -9.7 -33.6 -31.3 -28.1 -18.2 9

10 Corporate and foreign bonds 3.3 6.3 8.1 9.5 4.5 -1.8 5.8 -6.3 -3.2 -3.4 -2.3 10

11 Mortgages -0.1 0.0 -0.2 1.2 1.2 3.5 3.1 2.3 4.0 4.4 4.9 11

12 Corporate equities 37.3 6.9 21.4 20.7 -13.6 -16.0 -48.0 -17.2 -10.2 11.4 8.8 12

13 Mutual fund shares 24.8 36.6 33.3 18.1 1.7 18.3 9.3 25.7 24.1 14.0 37.4 13

14 Miscellaneous assets -13.8 9.4 -25.0 -8.1 11.3 12.0 7.6 19.2 12.9 8.3 -30.2 14

15 Unallocated insurance contracts (2) -10.8 15.0 -13.4 -2.7 14.2 4.5 10.3 6.6 0.5 0.8 -17.3 15

16 Contributions receivable -1.1 0.0 -1.8 4.7 0.8 2.9 3.9 10.3 -2.5 -0.2 -0.2 16

17 Other -1.9 -5.6 -9.8 -10.1 -3.7 4.6 -6.6 2.2 14.9 7.7 -12.6 17

(1) Includes 401(k) type plans.

(2) Assets of private pension plans held at life insurance companies (e.g., GICs, variable annuities); series begins 1985:Q4.

F.225.i Individual Retirement Accounts (IRAs) (1)

Billions of dollars; quarterly figures are seasonally adjusted annual rates

 1 Total held at: 175.9 206.4 247.4 275.7 247.5 198.6 216.6 225.9 233.1 118.9 ND 1

 2 Commercial banking 1.9 7.3 26.7 8.7 37.4 27.5 51.6 35.9 10.7 11.6 ND 2

 3 Saving institutions -1.1 0.1 3.9 13.5 6.8 3.3 7.5 7.2 4.8 -6.5 ND 3

 4 Credit unions 0.9 1.6 3.9 5.0 7.2 8.7 16.8 9.4 5.0 3.8 ND 4

 5 Life insurance companies -1.2 28.2 12.2 15.8 23.7 1.5 74.0 -20.0 -24.8 -23.2 ND 5

 6 Money market mutual funds -12.0 7.0 34.0 44.0 46.0 -39.0 32.0 -76.0 -64.0 -48.0 ND 6

 7 Mutual funds 74.7 80.0 110.3 121.7 -125.8 150.5 -81.3 280.3 250.9 152.2 ND 7

 8 Other self-directed accounts 112.8 82.2 56.5 67.0 252.2 46.1 116.0 -10.9 50.4 29.0 ND 8

(1) Assets of the household sector (F.100). IRA assets are not included in pension fund reserves (table F.225), except for those at life insurance companies. Figures for depositories (lines 2 through 4)

 include Keogh accounts. Variable annuities in IRAs are in the life insurance sector (line 5) and are excluded from the mutual fund sector (line 7) and from the money market fund sector (line 6).
Z.1, June 10, 2010 115

L.118.b Private Pension Funds: Defined Benefit Plans

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

2004 2005 2006 2007 2008 2009 2009 2010

 Q1 Q2 Q3 Q4 Q1

 1 Total financial assets 2132.2 2281.3 2529.5 2596.0 1853.5 2104.7 1721.0 1869.3 2039.9 2104.7 2170.2 1

 2 Checkable deposits and currency 5.2 5.3 5.5 5.8 5.9 8.7 5.9 5.9 7.2 8.7 10.5 2

 3 Time and savings deposits 36.3 42.0 42.3 44.0 45.0 48.3 46.2 46.4 47.3 48.3 49.3 3

 4 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Security RPs 4.4 5.1 5.4 5.6 5.8 5.7 5.8 5.8 5.8 5.7 5.7 5

 6 Credit market instruments 434.7 468.5 502.8 587.6 659.3 773.4 690.5 712.5 748.7 773.4 800.1 6

 7 Open market paper 4.5 5.1 5.5 1.0 11.0 6.9 12.4 13.1 9.5 6.9 5.0 7

 8 Treasury securities 58.6 60.0 71.8 104.6 114.8 212.7 137.6 155.1 192.2 212.7 233.9 8

 9 Agency- and GSE-backed securities 182.5 198.5 201.1 227.8 241.5 218.2 236.4 228.6 220.9 218.2 215.7 9

10 Corporate and foreign bonds 184.7 200.6 220.2 250.6 288.7 333.3 301.1 312.8 323.5 333.3 343.4 10

11 Mortgages 4.4 4.2 4.1 3.6 3.2 2.3 3.0 2.9 2.6 2.3 2.1 11

12 Corporate equities 1294.2 1392.8 1520.7 1423.8 777.1 805.2 651.1 715.7 791.4 805.2 819.1 12

13 Mutual fund shares 233.6 253.4 296.4 338.6 228.0 286.3 203.7 235.7 271.7 286.3 301.6 13

14 Miscellaneous assets 123.9 114.3 156.4 190.7 132.4 177.1 117.7 147.3 167.8 177.1 183.8 14

15 Unallocated insurance contracts (1) 95.0 88.8 116.5 154.2 119.9 160.5 108.7 130.0 149.9 160.5 167.9 15

16 Contributions receivable 3.7 1.8 1.6 1.4 1.3 0.9 1.2 3.1 2.0 0.9 0.4 16

17 Other 25.2 23.7 38.2 35.1 11.3 15.7 7.8 14.1 15.8 15.7 15.5 17

(1) Assets of private pension plans held at life insurance companies (e.g., GICs, variable annuities); series begins 1985:Q4.

L.118.c Private Pension Funds: Defined Contribution Plans (1)

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

 1 Total financial assets 2790.2 3107.3 3553.3 3814.5 2699.2 3366.3 2525.7 2861.0 3230.3 3366.3 3556.6 1

 2 Checkable deposits and currency 5.3 5.5 5.7 6.0 6.4 7.7 6.4 6.0 7.2 7.7 8.3 2

 3 Time and savings deposits 19.6 20.3 20.8 23.7 22.9 24.3 23.4 23.0 24.0 24.3 24.3 3

 4 Money market fund shares 84.9 86.7 90.1 93.5 95.7 96.4 96.1 96.2 96.3 96.4 96.4 4

 5 Security RPs 16.2 16.6 17.0 20.1 27.3 30.5 31.1 32.0 36.3 30.5 30.6 5

 6 Credit market instruments 220.0 231.4 255.6 273.3 292.1 289.6 297.4 292.6 289.1 289.6 292.3 6

 7 Open market paper 24.0 26.4 26.3 26.0 26.1 19.7 25.2 24.9 21.9 19.7 16.7 7

 8 Treasury securities 54.4 56.5 59.0 64.9 70.2 98.1 76.7 81.5 88.5 98.1 107.7 8

 9 Agency- and GSE-backed securities 52.8 53.5 67.5 68.9 76.6 50.9 74.2 65.8 57.9 50.9 46.4 9

10 Corporate and foreign bonds 83.1 89.3 97.4 106.9 111.4 109.6 112.8 111.2 110.4 109.6 109.0 10

11 Mortgages 5.6 5.6 5.4 6.6 7.8 11.3 8.6 9.2 10.2 11.3 12.5 11

12 Corporate equities 1044.3 1048.9 1204.1 1249.5 822.7 1030.6 731.5 850.5 979.3 1030.6 1099.0 12

13 Mutual fund shares 1044.6 1332.0 1584.0 1772.0 1138.0 1531.0 1065.0 1253.0 1456.0 1531.0 1639.9 13

14 Miscellaneous assets 355.4 365.9 376.2 376.4 294.1 356.2 274.8 307.6 342.1 356.2 365.8 14

15 Unallocated insurance contracts (2) 233.5 249.6 271.4 277.1 197.7 252.3 179.1 208.7 240.1 252.3 265.1 15

16 Contributions receivable 43.0 43.0 41.2 45.8 46.7 49.6 47.6 50.2 49.6 49.6 49.5 16

17 Other 79.0 73.3 63.6 53.4 49.7 54.3 48.1 48.6 52.4 54.3 51.2 17

(1) Includes 401(k) type plans.

(2) Assets of private pension plans held at life insurance companies (e.g., GICs, variable annuities); series begins 1985:Q4.

L.225.i Individual Retirement Accounts (IRAs) (1)

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

 1 Total held at: 3299.0 3652.0 4207.0 4784.0 3579.0 4230.0 3428.0 3757.0 4093.0 4230.0 ND 1

 2 Commercial banking 168.0 175.3 202.0 210.7 248.1 275.5 261.0 269.9 272.6 275.5 ND 2

 3 Saving institutions 53.7 53.8 57.6 71.2 77.9 81.2 79.8 81.6 82.8 81.2 ND 3

 4 Credit unions 47.7 49.3 53.2 58.2 65.5 74.2 69.7 72.0 73.3 74.2 ND 4

 5 Life insurance companies 348.1 381.0 406.0 424.2 376.8 388.0 372.1 378.3 388.2 388.0 ND 5

 6 Money market mutual funds 134.0 141.0 175.0 219.0 265.0 226.0 273.0 254.0 238.0 226.0 ND 6

 7 Mutual funds 1309.0 1474.0 1752.0 1971.0 1253.0 1641.0 1156.0 1353.0 1557.0 1641.0 ND 7

 8 Other self-directed accounts 1238.6 1377.6 1561.2 1829.7 1292.7 1544.1 1216.5 1348.1 1481.1 1544.1 ND 8

(1) Assets of the household sector (L.100), shown at market value. IRA assets are not included in pension fund reserves (table L.225), except for those at life insurance companies. Figures for depositories

 (lines 2 through 4) include Keogh accounts. Variable annuities in IRAs are in the life insurance sector (line 5) and are excluded from the mutual fund sector (line 7) and from the money market fund

 sector (line 6).
Z.1, June 10, 2010 Flow of Funds Matrix for 2009

(Billions of dollars; All Sectors -- Flows)

Households State Domestic 

and Nonprofit Nonfinancial and Local Federal Nonfinancial Rest of Financial 

Organizations Business Governments Government Sectors the World Sectors 

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

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (1

 1 Gross saving less net cap. transfers -- 1711.0 -- 1371.4 -- 243.8 -- -1183.1 -- 2143.0 -- 425.4 -- 3 2 Capital consumption -- 1164.3 -- 1107.2 -- 199.6 -- 125.6 -- 2596.7 -- -- -- 1 3 Net saving (1 less 2) -- 546.7 -- 264.2 -- 44.2 -- -1308.7 -- -453.7 -- 425.4 -- 1 4 Gross investment (5 plus 11) 1465.1 -- 1198.6 -- 345.7 -- -1114.1 -- 1895.3 -- 223.5 -- 204.1  5 Capital expenditures 1369.1 -- 1070.6 -- 368.7 -- 151.4 -- 2959.8 -- -2.6 -- 151.2  6 Consumer durables 965.8 -- -- -- -- -- -- -- 965.8 -- -- -- --  7 Residential 301.4 -- 59.6 -- 5.3 -- 1.6 -- 368.0 -- -- -- -0.1  8 Nonresidential 101.9 -- 1135.6 -- 350.0 -- 156.8 -- 1744.3 -- -- -- 151.3  9 Inventory change -- -- -120.9 -- -- -- -- -- -120.9 -- -- -- -- 10 Nonproduced nonfinancial assets -- -- -3.7 -- 13.4 -- -7.0 -- 2.6 -- -2.6 -- -- 11 Net financial investment 96.0 -- 128.0 -- -23.1 -- -1265.5 -- -1064.5 -- 226.1 -- 52.9 12 Financial uses -100.7 -- 206.6 -- 123.9 -- 317.1 -- 546.9 -- 145.1 -- -1787.0 13 Financial sources -- -196.7 -- 78.6 -- 146.9 -- 1582.6 -- 1611.4 -- -81.0 -- -1814 Gold and off. fgn. exchange -- -- -- -- -- -- 51.9 -- 51.9 -- -48.2 4.0 0.3 15 SDR certificates -- -- -- -- -- -- -- 3.0 -- 3.0 -- -- 3.0 16 Treasury currency -- -- -- -- -- -- -- -0.4 -- -0.4 -- -- 4.0 17 Foreign deposits -12.1 -- 23.9 -- -- -- -- -- 11.8 -- -- -202.4 -32.2 18 Interbank claims -- -- -- -- -- -- -- -- -- -- -333.2 -- -349.5 -619 Checkable dep. and currency 16.3 -- 159.0 -- 19.4 -- -174.2 -- 20.5 -- -0.5 -- -27.6 20 Time and savings deposits 47.4 -- 141.6 -- 10.8 -- 0.3 -- 200.2 -- -22.8 -- 198.0 321 Money market fund shares -268.6 -- -77.3 -- 6.1 -- -- -- -339.9 -- -4.0 -- -154.7 -422 Fed. funds and security RPs -- -- 2.4 -- 11.9 -- -- -- 14.3 -- -1.6 -- -125.6 223 Credit market instruments -411.1 -240.9 -9.2 -281.9 -17.1 108.2 325.0 1443.9 -112.4 1029.4 233.2 199.6 -731.4 -1824 Open market paper -1.4 -- -12.0 -72.4 -45.6 -- -- -- -59.0 -72.4 -42.9 57.8 -359.4 -425 Treasury securities 370.5 -- 13.1 -- 49.4 -- -- 1443.7 433.0 1443.7 527.7 -- 483.0 26 Agency- and GSE-backed sec. -650.8 -- 2.5 -- -52.0 -- 171.1 0.1 -529.2 0.1 -137.9 -- 606.9 -27 Municipal securities 91.7 15.0 0.1 5.3 0.4 107.4 -- -- 92.2 127.7 19.6 -- 15.9 28 Corporate and fgn. bonds -207.7 -- -- 381.4 10.7 -- 0.6 -- -196.4 381.4 -108.3 152.9 253.2 -529 Bank loans n.e.c. -- 30.0 -- -325.7 -- -- -- -- -- -295.7 -- -11.2 -774.3 -430 Other loans and advances -5.3 0.5 -- -155.7 -- 0.8 65.7 -- 60.5 -154.4 -25.0 0.0 -472.4 -231 Mortgages -8.3 -171.2 -10.2 -114.8 20.0 -- 12.6 0.0 14.1 -286.0 -- -- -296.7 32 Consumer credit -- -115.3 -2.6 -- -- -- 75.0 -- 72.4 -115.3 -- -- -187.6 33 Corporate equities 79.8 -- -- -63.3 4.6 -- 0.6 -- 85.0 -63.3 122.2 68.6 113.7 334 Mutual fund shares 393.1 -- 39.9 -- 8.0 -- -- -- 441.1 -- 23.7 -- 27.0 435 Trade credit -- 10.9 -77.3 -62.8 12.2 38.7 7.9 53.5 -57.1 40.4 51.2 -0.5 -38.2 36 Security credit -74.1 38.1 -- -- -- -- -- -- -74.1 38.1 0.0 0.0 -21.8 -137 Life insurance reserves 27.8 -- -- -- -- -- -- 1.1 27.8 1.1 -- -- -- 38 Pension fund reserves 81.0 -- -- -- -- -- -- -- 81.0 -- -- -- -- 39 Taxes payable -- -- -- -4.6 -2.5 -- 70.4 -- 67.9 -4.6 -- -- -- 40 Equity in noncorp. business -2.5 -- -- 0.7 -- -- -- -- -2.5 0.7 -- -- -- 41 Miscellaneous 22.4 -4.9 3.5 490.4 70.5 -- 35.2 81.4 131.5 566.9 125.2 -150.4 -652.1 -342 Sector discrepancies (1 less 4) 245.8 -- 172.8 -- -101.9 -- -69.0 -- 247.7 -- 201.9 -- 108.6 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.
Z.1, June 10, 2010 Flow of Funds Matrix for 2009

(Billions of dollars; All Sectors -- Assets and Liabilities)

Households State Domestic 

and Nonprofit Nonfinancial and Local Federal Nonfinancial Rest of Fina

Organizations Business Governments Government Sectors the World Sec

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

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) 

 1 Total financial assets 44510.1 -- 17629.0 -- 2746.4 -- 1409.0 -- 66294.4 -- 15325.9 -- 63696.4  2 Total liabilities and equity -- 14068.4 -- 38106.0 -- 2987.1 -- 9464.3 -- 64625.8 -- 11215.2 --  3 Total liabilities -- 14068.4 -- 19143.7 -- 2987.1 -- 9464.3 -- 45663.5 -- 7120.1 --  4 Monetary gold and SDRs -- -- -- -- -- -- 57.8 -- 57.8 -- -- -- 11.0  5 IMF Position -- -- -- -- -- -- 11.5 -- 11.5 -- -- 11.4 -0.1  6 Official foreign exchange -- -- -- -- -- -- 25.2 -- 25.2 -- -- 50.5 25.3  7 SDR certificates -- -- -- -- -- -- -- 5.2 -- 5.2 -- -- 5.2  8 Treasury currency -- -- -- -- -- -- -- 26.2 -- 26.2 -- -- 42.7  9 Foreign deposits 47.7 -- 49.1 -- -- -- -- -- 96.8 -- -- 793.8 97.1 10 Interbank claims -- -- -- -- -- -- -- -- -- -- 40.0 -- 1126.4 11 Checkable dep. and currency 279.3 -- 754.8 -- 85.0 -- 193.6 -- 1312.7 -- 361.0 -- 413.5 12 Time and savings deposits 6115.4 -- 916.6 -- 275.9 -- 1.9 -- 7309.9 -- 230.0 -- 776.4 13 Money market fund shares 1313.3 -- 703.9 -- 90.3 -- -- -- 2107.5 -- 54.3 -- 1096.8 14 Fed. funds and security RPs -- -- 9.9 -- 177.7 -- -- -- 187.7 -- 582.8 -- 827.1 15 Credit market instruments 3983.1 13602.1 325.6 10892.5 1368.5 2354.7 698.0 7805.4 6375.3 34654.8 7827.4 2064.0 38125.8 16 Open market paper 4.6 -- 48.1 59.1 87.2 -- -- -- 139.9 59.1 190.0 399.8 808.1 17 Treasury securities 648.3 -- 106.7 -- 541.3 -- -- 7781.9 1296.3 7781.9 3738.4 -- 2747.3 18 Agency- and GSE-backed sec. 6.8 -- 12.7 -- 382.2 -- 225.5 23.5 627.2 23.5 1307.3 -- 6171.9 19 Municipal securities 998.9 264.4 32.2 198.1 6.3 2341.2 -- -- 1037.4 2803.7 60.6 -- 1705.7 20 Corporate and fgn. bonds 2197.9 -- -- 4145.0 160.2 -- 0.6 -- 2358.7 4145.0 2348.4 1545.8 6775.0 21 Bank loans n.e.c. -- 147.7 -- 1405.7 -- -- -- -- -- 1553.4 -- 96.8 1921.8 22 Other loans and advances 24.5 133.7 -- 1488.5 -- 13.5 177.6 -- 202.0 1635.7 182.7 21.6 1890.4 23 Mortgages 102.3 10577.5 68.6 3596.1 191.3 -- 108.4 0.0 470.6 14173.6 -- -- 13869.9 24 Consumer credit -- 2478.9 57.2 -- -- -- 186.0 -- 243.2 2478.9 -- -- 2235.7 25 Corporate equities 7463.9 -- -- 12464.9 108.4 -- 67.4 -- 7639.7 12464.9 2464.8 4095.1 10123.1 26 Mutual fund shares 4152.0 -- 189.7 -- 44.4 -- -- -- 4386.1 -- 335.6 -- 2239.9 27 Trade credit -- 241.2 2605.9 2094.6 182.1 632.4 72.7 318.4 2860.7 3286.5 140.8 62.7 144.0 28 Security credit 668.6 203.0 -- -- -- -- -- -- 668.6 203.0 0.0 0.0 422.6 29 Life insurance reserves 1242.1 -- -- -- -- -- -- 47.5 1242.1 47.5 -- -- -- 30 Pension fund reserves 11948.6 -- -- -- -- -- -- -- 11948.6 -- -- -- -- 31 Taxes payable -- -- -- 136.4 280.9 -- 135.1 -- 416.1 136.4 -- -- -- 32 Equity in noncorp. business 6507.7 -- -- 6497.5 -- -- -- -- 6507.7 6497.5 -- -- -- 33 Miscellaneous 788.4 22.1 12073.4 6020.2 133.1 -- 145.7 1261.6 13140.6 7303.9 3289.2 4137.7 8219.6 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 25) and equity in noncorporate business (line 32). The matrix shows a discrepancy in column 17 for monetary gold and SDRs (line 4) because by international accounting convention, such instruments are financial assets without corresponding liabilities.
118 Z.1, June 10, 2010

B.100.e Balance Sheet of Households and Nonprofit Organizations with Equity Detail (1)

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

2003 2004 2005 2006 2007 2008 2009 2010

 Q1 Q2 Q3 Q4 Q1

 1 Assets 56960.5 63859.5 71702.6 77859.2 78723.8 65558.3 62416.2 64425.1 67080.0 67570.6 68535.8 1

 2 Tangible assets 21666.9 24631.3 28388.6 29735.5 28036.9 23889.9 22388.2 22787.6 23080.7 23060.6 22993.6 2

 3 Financial assets 35293.6 39228.2 43314.1 48123.8 50686.9 41668.4 40028.0 41637.5 43999.4 44510.1 45542.2 3

 4 Deposits 5348.5 5732.4 6139.9 6753.1 7406.5 7972.8 7926.7 7828.6 7654.4 7755.7 7651.6 4

 5 Credit market instruments 2723.1 2997.9 3327.4 3479.4 4089.4 4024.9 4460.1 4105.5 4153.3 3983.1 4180.2 5

 6 Equity shares at market value 14083.0 15990.0 17396.6 20357.5 20939.1 12610.7 11101.3 13194.6 15502.1 16076.6 16878.1 6

 7 Directly held 6749.9 7483.9 8093.0 9643.7 9626.4 5913.5 5157.0 6158.3 7291.2 7463.9 7793.3 7

 8 Indirectly held 7333.1 8506.0 9303.7 10713.9 11312.7 6697.2 5944.2 7036.4 8210.8 8612.7 9084.8 8

 9 Life insurance companies 887.3 1028.9 1140.1 1334.7 1466.8 956.9 887.9 1037.7 1210.5 1268.1 1340.2 9

10 Private pension funds 2900.1 3287.8 3630.8 4155.6 4260.5 2471.9 2158.5 2527.7 2926.7 3055.6 3232.8 10

11 Defined benefit plans 1300.2 1452.9 1567.7 1729.9 1660.7 903.5 757.6 847.8 952.6 975.2 999.1 11

12 Defined contribution plans 1599.9 1835.0 2063.1 2425.7 2599.8 1568.5 1400.9 1679.9 1974.1 2080.3 2233.7 12

13 State and local govt. retirement funds 1557.3 1761.2 1887.3 2129.0 2221.0 1338.3 1191.8 1391.6 1622.0 1702.6 1806.5 13

14 Federal government retirement funds 79.9 99.2 112.6 138.1 149.1 85.6 74.7 92.5 110.4 119.4 127.8 14

15 Mutual funds 1908.4 2329.0 2532.9 2956.4 3215.3 1844.4 1631.5 1986.8 2341.3 2466.9 2577.4 15

16 Other 13139.0 14507.9 16450.1 17533.7 18251.8 17060.0 16540.0 16508.7 16689.6 16694.7 16832.3 16

17 Liabilities 9865.2 11029.3 12184.0 13444.4 14366.0 14265.1 14147.4 14116.4 14105.7 14068.4 13970.4 17

18 Net worth 47095.3 52830.2 59518.6 64414.9 64357.8 51293.2 48268.8 50308.7 52974.3 53502.3 54565.4 18

 Memo:

19 Equity shares excluding defined benefit plans 11207.7 12756.6 13922.1 16477.2 17036.0 10356.6 9141.2 10943.0 12913.6 13384.5 14057.7 19

 (line 6 minus lines 11, 13 and part of line 14)

 Equity shares (line 6) as a percent of

20 Total assets (line 1) 24.7 25.0 24.3 26.1 26.6 19.2 17.8 20.5 23.1 23.8 24.6 20

21 Financial assets (line 3) 39.9 40.8 40.2 42.3 41.3 30.3 27.7 31.7 35.2 36.1 37.1 21

(1) Estimates of equity shares (lines 7 through 15 could differ from other sources owing to alternative definitions of ownership of equity by households.

 Prior to 1985, all pension assets are assumed to have been in defined benefit plans.