Flow of Funds Accounts of The United States: Annual Flows and Outstandings

September 16, 2011
Flow of Funds Accounts

of the United States
Annual Flows and Outstandings
2005-2010
Board of Governors of the Federal Reserve System, Washington D.C. 20551
Table of Contents
Flows
Table
Page
Levels
Table
Page
Total Credit Market Borrowing and Lending
F.1
L.1
52
Credit Market Borrowing by Nonfinancial Sectors
F.2
L.2
53
Credit Market Borrowing by Financial Sectors
F.3
L.3
53
Credit Market Borrowing, All Sectors, by Instrument
F.4
L.4
54
Total Liabilities and Its Relation to Total Financial Assets
F.5
L.5
54
Distribution of Gross Domestic Product
F.6
Distribution of National Income
F.7
Saving and Investment
F.8
Net Capital Transfers
F.9
Derivation of Measures of Personal Saving
F.10
L.10
55
Households and Nonprofit Organizations
F.100
L.100
56
Nonfinancial Business
F.101
10
L.101
57
Nonfarm Nonfinancial Corporate Business
F.102
11
L.102
58
Nonfarm Noncorporate Business
F.103
12
L.103
59
Farm Business
F.104
12
L.104
59
State and Local Governments
F.105
13
L.105
60
Federal Government
F.106
14
L.106
60
Rest of the World
F.107
15
L.107
61
Title
Summaries
Sectors
Title
Flows
Table
Page
Levels
Table
Page
Financial Business
F.108
16
L.108
62
Monetary Authority
F.109
17
L.109
63
U.S.-Chartered Commercial Banks
F.110
18
L.110
64
Foreign Banking Offices in U.S.
F.111
19
L.111
65
Bank Holding Companies
F.112
20
L.112
66
Banks in U.S.-Affiliated Areas
F.113
20
L.113
66
Savings Institutions
F.114
21
L.114
67
Credit Unions
F.115
22
L.115
68
Property-Casualty Insurance Companies
F.116
22
L.116
68
Life Insurance Companies
F.117
23
L.117
69
Private Pension Funds
F.118
23
L.118
69
State and Local Government Employee Retirement Funds
F.119
24
L.119
70
Federal Government Retirement Funds
F.120
24
L.120
70
Money Market Mutual Funds
F.121
25
L.121
71
Mutual Funds
F.122
25
L.122
71
Closed-End and Exchange-Traded Funds
F.123
25
L.123
71
Government-Sponsored Enterprises
F.124
26
L.124
72
Agency- and GSE-Backed Mortgage Pools
F.125
26
L.125
72
Issuers of Asset-Backed Securities
F.126
27
L.126
73
Finance Companies
F.127
27
L.127
73
Real Estate Investment Trusts
F.128
28
L.128
74
Security Brokers and Dealers
F.129
29
L.129
75
Funding Corporations
F.130
29
L.130
75
Flows
Table
Page
Levels
Table
Page
F.200
30
L.200
76
Special Drawing Rights (SDRs) Certificates and Treasury Currency F.201
30
L.201
76
U.S. Deposits in Foreign Countries
F.202
30
L.202
76
Net Interbank Transactions
F.203
31
L.203
77
Checkable Deposits and Currency
F.204
32
L.204
78
Time and Savings Deposits
F.205
33
L.205
79
Money Market Mutual Fund Shares
F.206
33
L.206
79
Federal Funds and Security Repurchase Agreements
F.207
34
L.207
80
Open Market Paper
F.208
34
L.208
80
Treasury Securities
F.209
35
L.209
81
Agency- and GSE-Backed Securities
F.210
36
L.210
82
Municipal Securities and Loans
F.211
37
L.211
83
Corporate and Foreign Bonds
F.212
38
L.212
84
Corporate Equities
F.213
39
L.213
85
Mutual Fund Shares
F.214
39
L.214
85
Bank Loans Not Elsewhere Classified
F.215
40
L.215
86
Other Loans and Advances
F.216
41
L.216
87
Total Mortgages
F.217
42
L.217
88
Home Mortgages
F.218
43
L.218
89
Multifamily Residential Mortgages
F.219
43
L.219
89
Commercial Mortgages
F.220
44
L.220
90
Farm Mortgages
F.221
44
L.221
90
F.222
45
L.222
91
Title
Instruments
U.S. Official Reserve Assets
Consumer Credit
Title
Flows
Table
Page
Levels
Table
Page
Trade Credit
F.223
45
L.223
91
Security Credit
F.224
45
L.224
91
Life Insurance and Pension Fund Reserves
F.225
46
L.225
92
Taxes Payable by Businesses
F.226
46
L.226
92
Proprietors' Equity in Noncorporate Business
F.227
46
L.227
92
Total Miscellaneous Financial Claims
F.228
47
L.228
93
Identified Miscellaneous Financial Claims - Part I
F.229
48
L.229
94
Identified Miscellaneous Financial Claims - Part II
F.230
49
L.230
95
Unidentified Miscellaneous Financial Claims
F.231
50
L.231
96
Sector Discrepancies
F.11
51
Instrument Discrepancies
F.12
51
Title
Balance
Sheet
Table
Page
Table
Page
Households and Nonprofit Organizations
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
Consolidated Statement for Federal, State, and Local Governments
F.106.c
103
L.106.c
104
Private Pension Funds: Defined Benefit Plans
F.118.b
105
L.118.b
106
Private Pension Funds: Defined Contribution Plans
F.118.c
105
L.118.c
106
Individual Retirement Accounts (IRAs)
F.225.i
105
L.225.i
106
B.100.e
107
Reconciliation
Balance Sheet, Reconciliation, and

Supplementary Tables
Balance Sheet of Households and Nonprofit Organizations

with Equity Detail
FFA, 2005-2010, September 16, 2011
F.1 Total Credit Market Borrowing and Lending (1)

Billions of dollars
1
2
3
4
5
6
7
8
Credit market borrowing

Domestic nonfinancial sectors
Household sector
Nonfinancial corporate business
Nonfarm noncorporate business
Farm business
State and local governments
Federal government
2005
2006
2007
2008
2009
2010
3553.9
4040.9
4482.3
2580.9
-606.9
553.0
2325.8
2412.0
2513.2
1905.2
1025.5
1451.1
1175.5
322.6
331.6
17.3
172.0
306.9
1179.3
472.8
408.6
14.2
153.7
183.4
863.2
752.5
454.8
14.6
191.0
237.1
30.1
257.6
321.8
5.1
51.5
1239.2
-225.5
3.0
-299.3
-6.3
109.7
1443.9
-275.6
227.9
-199.4
11.1
106.9
1580.2
3
4
5
6
7
8
Rest of the world
113.0
332.6
170.3
-226.2
211.7
88.2
10
Financial sectors
1115.1
1296.4
1798.9
902.0
-1844.1
-986.3
10
11
12
13
U.S.-chartered commercial banks

Foreign banking offices in U.S.
Bank holding companies
36.9
0.0
48.2
107.5
-0.3
68.7
131.8
0.0
129.4
79.1
-0.2
84.0
-152.6
0.0
-10.3
-133.5
0.0
-42.6
11
12
13
14
15
Savings institutions
Credit unions
22.5
3.3
-108.2
4.2
104.1
13.4
-67.1
8.3
-169.6
-14.1
-29.0
-0.4
14
15
16
17
18
19
Life insurance companies

Government-sponsored enterprises
Agency- and GSE-backed mortgage pools
ABS issuers
0.4
-84.0
164.5
729.6
2.7
35.6
292.6
807.6
14.5
282.4
623.3
344.3
26.2
271.7
497.0
-408.0
-6.6
-475.3
415.3
-740.1
-3.2
-233.8
186.9
-533.0
16
17
18
19
20
21
22
23
Finance companies
REITs
Brokers and dealers
Funding corporations
33.5
55.4
0.1
104.7
34.8
15.5
6.4
29.1
34.9
10.2
-4.0
114.5
-79.4
-53.8
77.7
466.4
-156.2
-50.0
-49.7
-434.8
-173.9
4.6
36.9
-65.3
20
21
22
23
24
Credit market lending
3553.9
4040.9
4482.3
2580.9
-606.9
553.0
24
425.7
213.3
482.8
-124.9
92.3
312.8
25
218.8
42.4
11.4
154.0
-0.9
90.3
-11.6
-0.1
128.5
6.1
518.1
-79.1
10.0
27.2
6.6
-43.1
-32.2
-10.9
-125.4
86.5
-171.8
6.4
-7.5
-30.8
296.1
220.7
14.1
-4.3
-3.0
85.3
26
27
28
29
30
25
26
27
28
29
30

Household sector
Federal government
31
Rest of the world
752.0
973.6
943.8
357.7
143.9
520.2
31
32
Financial sectors
2376.2
2854.0
3055.7
2348.1
-843.2
-279.9
32
33
34
35
36
37
38
39
Monetary authority
Banks in U.S.-affiliated areas
Credit unions
26.4
506.6
144.5
-4.2
10.2
199.4
36.2
34.7
660.0
103.7
3.3
-1.7
-78.0
30.1
-38.3
535.7
201.7
23.2
-6.4
63.0
35.3
245.4
531.1
100.7
13.9
-1.9
-276.1
40.0
1001.6
-116.8
-281.0
-16.0
-2.8
-249.6
33.1
271.5
-184.3
-29.5
22.1
-19.3
6.6
13.3
33
34
35
36
37
38
39
40
41
42
43
44
Property-casualty insurance companies

Private pension funds
State and local govt. retirement funds
Federal government retirement funds
72.8
116.2
45.3
18.1
7.7
44.8
67.5
58.4
114.6
8.4
5.3
84.8
102.5
12.3
11.7
-15.9
11.6
90.6
13.3
24.2
33.3
139.8
111.6
-8.8
7.4
3.9
151.6
108.0
-8.2
11.0
40
41
42
43
44
45
46
47
48
49
50
51
Money market mutual funds

Mutual funds
Closed-end funds
Exchange-traded funds
ABS issuers
-5.5
124.1
2.2
6.8
-69.1
164.5
733.1
220.0
184.9
6.0
5.7
46.6
292.6
799.6
375.6
271.1
-0.9
13.3
239.0
623.3
341.4
738.6
73.3
-41.1
23.0
242.9
497.0
-391.4
-644.0
380.7
9.4
46.0
-337.8
415.3
-705.5
-410.0
374.3
4.2
29.7
-328.2
186.9
-523.3
45
46
47
48
49
50
51
52
53
54
55
Finance companies
REITs
Brokers and dealers
64.7
41.3
82.3
52.7
71.0
26.0
106.2
49.5
16.6
-19.9
219.7
-54.3
-72.3
-68.9
-85.7
656.0
-223.3
-8.7
-192.1
-234.9
-141.7
37.1
32.2
112.2
52
53
54
55
(1) Excludes corporate equities and mutual fund shares.
FFA, 2005-2010, September 16, 2011
F.2 Credit Market Borrowing by Nonfinancial Sectors

Billions of dollars
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
Domestic
By instrument
Commercial paper
Treasury securities
Agency- and GSE-backed securities
Municipal securities
Corporate bonds
Bank loans n.e.c.
Other loans and advances
Mortgages
Home
Multifamily residential
Commercial
Farm
Consumer credit
By sector
Household sector
Nonfinancial business
Corporate
Nonfarm noncorporate
Farm
Federal government
2005
2006
2007
2008
2009
2010
2325.8
2412.0
2513.2
1905.2
1025.5
1451.1
2325.8
-7.7
307.3
-0.4
195.0
56.7
134.5
119.3
2412.0
22.4
183.7
-0.3
177.4
215.6
175.3
159.8
2513.2
11.3
237.5
-0.4
215.6
311.2
240.2
311.0
1905.2
7.7
1239.0
0.2
61.4
204.6
192.5
74.9
1025.5
-73.1
1443.7
0.1
129.3
377.2
-296.0
-153.8
1451.1
24.5
1579.6
0.7
118.5
420.6
-33.0
-99.4
2
3
4
5
6
7
8
9
1420.8
1115.2
62.4
234.0
9.1
100.4
1382.6
1071.5
40.4
267.4
3.3
95.4
1047.4
711.3
81.7
249.9
4.6
139.3
86.1
-109.7
46.6
127.2
22.0
38.8
-286.8
-200.5
7.3
-90.1
-3.4
-115.3
-516.1
-342.5
-10.9
-167.7
4.9
-44.2
10
11
12
13
14
15
2325.8
1175.5
671.5
322.6
331.6
17.3
172.0
306.9
2412.0
1179.3
895.6
472.8
408.6
14.2
153.7
183.4
2513.2
863.2
1221.8
752.5
454.8
14.6
191.0
237.1
1905.2
30.1
584.4
257.6
321.8
5.1
51.5
1239.2
1025.5
-225.5
-302.6
3.0
-299.3
-6.3
109.7
1443.9
1451.1
-275.6
39.6
227.9
-199.4
11.1
106.9
1580.2
16
17
18
19
20
21
22
23
24
Foreign borrowing in U.S.
113.0
332.6
170.3
-226.2
211.7
88.2
24
25
26
27
28
Commercial paper
Bonds
Bank loans n.e.c.
38.6
64.5
14.5
-4.6
98.4
227.8
13.8
-7.4
-69.3
218.7
24.1
-3.2
-71.0
-158.8
5.1
-1.5
59.4
163.2
-11.2
0.3
-2.7
72.8
17.9
0.2
25
26
27
28
2438.8
2744.6
2683.5
1678.9
1237.2
1539.3
29
1115.1
1296.4
1798.9
902.0
-1844.1
-986.3
214.2
-84.0
164.5
743.2
18.8
44.4
14.1
196.3
35.6
292.6
806.4
-62.3
21.2
6.6
-111.4
282.4
623.3
703.2
70.9
225.8
4.7
-125.6
271.7
497.0
-277.3
496.1
33.3
6.8
-448.2
-475.3
415.3
-589.1
-467.5
-282.6
3.4
-101.7
-233.8
186.9
-609.6
-90.2
-144.7
6.9
2
3
4
5
6
7
8
1115.1
1296.4
1798.9
902.0
-1844.1
-986.3
29
Domestic and foreign
F.3 Credit Market Borrowing by Financial Sectors

Billions of dollars
1
2
3
4
5
6
7
8
9
By instrument
Open market paper
GSE issues
Agency- and GSE-backed mortgage pool sec.
Corporate bonds
Bank loans n.e.c.
Mortgages
By sector
10
11
12

36.9
0.0
48.2
107.5
-0.3
68.7
131.8
0.0
129.4
79.1
-0.2
84.0
-152.6
0.0
-10.3
-133.5
0.0
-42.6
10
11
12
13
14
Credit unions
22.5
3.3
-108.2
4.2
104.1
13.4
-67.1
8.3
-169.6
-14.1
-29.0
-0.4
13
14
15
16
17
18

ABS issuers
0.4
-84.0
164.5
729.6
2.7
35.6
292.6
807.6
14.5
282.4
623.3
344.3
26.2
271.7
497.0
-408.0
-6.6
-475.3
415.3
-740.1
-3.2
-233.8
186.9
-533.0
15
16
17
18
19
20
21
22
Finance companies
REITs
Brokers and dealers
33.5
55.4
0.1
104.7
34.8
15.5
6.4
29.1
34.9
10.2
-4.0
114.5
-79.4
-53.8
77.7
466.4
-156.2
-50.0
-49.7
-434.8
-173.9
4.6
36.9
-65.3
19
20
21
22
FFA, 2005-2010, September 16, 2011
F.4 Credit Market Borrowing, All Sectors, by Instrument

Billions of dollars
1
2
3
4
5
6
7
8
9
10
Total
Open market paper
Treasury securities
Corporate and foreign bonds
Bank loans n.e.c.
Mortgages
Consumer credit
2005
2006
2007
2008
2009
2010
3553.9
4040.9
4482.3
2580.9
-606.9
553.0
245.1
307.3
80.0
195.0
864.4
317.1
183.7
327.9
177.4
1249.7
-169.4
237.5
905.3
215.6
1233.1
-189.0
1239.0
768.9
61.4
-231.5
-461.9
1443.7
-59.9
129.3
-48.6
-79.9
1579.6
-46.2
118.5
-116.3
2
3
4
5
6
167.8
159.1
1434.9
100.4
126.9
173.6
1389.2
95.4
335.1
533.6
1052.1
139.3
693.7
106.7
92.8
38.8
-774.6
-436.1
-283.4
-115.3
-105.4
-243.9
-509.2
-44.2
7
8
9
10
Memo:
Funds raised through corporate equities and mutual fund shares
11
12
13
14
15
16
Total net issues

Corporate equities
Nonfinancial
Foreign shares purchased by
U.S. residents
Financial
Mutual fund shares
183.5
-32.1
-95.8
294.0
803.4
376.9
11
-76.7
-341.8
-368.9
-565.7
-460.5
-786.8
263.1
-336.0
312.9
-64.6
-8.7
-277.9
12
13
186.7
78.5
260.2
137.3
59.5
336.8
147.8
178.6
364.7
-38.5
637.6
31.0
63.6
313.9
490.5
79.1
190.1
385.5
14
15
16
F.5 Net Increase in Liabilities and Its Relation to Net Acquisition of Financial Assets
Billions of dollars
Net flows through credit markets

(from table F.4, line 1)
3553.9
4040.9
4482.3
2580.9
-606.9
553.0
U.S. official reserve assets

SDR certificates
Treasury currency
Foreign deposits
-14.1
0.0
0.8
40.8
-2.4
0.0
0.6
87.2
0.1
0.0
-0.7
256.0
4.8
0.0
-0.8
-394.3
99.9
3.0
-0.4
-106.1
1.8
0.0
-0.3
71.7
2
3
4
5
6
7
8
9
10
Net interbank transactions

Checkable deposits and currency
Small time and savings deposits
Large time deposits
Money market fund shares
-12.4
4.4
314.4
284.4
127.0
-11.3
-19.9
347.0
261.2
305.3
-97.5
36.7
316.4
283.4
720.9
1801.9
568.4
524.8
-190.6
724.2
-609.1
-7.9
517.2
-141.8
-499.0
-185.7
266.3
298.4
-182.3
-502.9
6
7
8
9
10
11
12
13
14
Security RPs
Corporate equities
Mutual fund shares
Trade payables
315.2
-76.7
260.2
340.8
403.2
-368.9
336.8
189.1
8.1
-460.5
364.7
202.0
-889.5
263.1
31.0
-176.5
207.8
312.9
490.5
-64.0
-201.3
-8.7
385.5
223.1
11
12
13
14
15
16
17
18
Security credit
Life insurance reserves
Pension fund reserves
Taxes payable
0.2
16.1
275.7
-4.7
211.5
65.6
250.9
22.5
276.5
34.2
201.1
-69.3
-397.9
67.0
125.7
-123.8
-95.9
26.5
135.4
-5.0
123.6
17.2
224.9
12.1
15
16
17
18
19
20
Noncorporate proprietors equity

Miscellaneous
-34.6
1274.1
11.7
1787.3
-7.5
2525.6
-288.2
2128.7
-68.2
-396.7
-18.2
1141.6
19
20
2
3
4
5
21
Total financial sources
6665.6
7918.4
9072.6
6359.0
-807.5
2219.9
21
22
23
24
25
26
27
- Liabilities not identified as assets:

Treasury currency
Foreign deposits
Net interbank liabilities
Security RPs
Taxes payable
Miscellaneous
0.7
12.3
-3.6
106.3
-45.6
-151.7
-1.1
106.8
-1.9
304.5
17.3
-652.2
-1.2
196.5
1.8
-225.0
-34.6
-20.8
-0.8
-347.1
30.6
-588.2
-57.7
1966.1
-4.4
-74.5
34.4
403.1
-29.8
-388.0
-1.1
18.1
-20.2
-83.1
-33.3
199.0
22
23
24
25
26
27
28
29
30
31
- Floats not included in assets:

Checkable deposits: State and local govt.
Federal govt.
Private domestic
Trade credit
0.0
-6.6
1.7
-30.4
0.0
-3.0
-0.0
145.9
0.0
1.2
-0.1
-46.4
0.0
-3.3
-2.0
5.4
0.0
0.7
-1.0
-13.2
0.0
0.0
-1.1
92.0
28
29
30
31
32
Totals identified to sectors

as assets
6782.6
8001.9
9201.3
5355.9
-734.9
2049.6
32
FFA, 2005-2010, September 16, 2011
F.6 Distribution of Gross Domestic Product (1)

Billions of dollars
1
2
3
4
5
6
7
Gross Domestic Product (GDP)

Personal consumption expenditures (2)
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
8
9
10
11
12
13
Nonresidential
Household sector (nonprofit organizations)
Farm business
Financial institutions
14
15
16
17
18
Residential
Household sector
REITs
19
20
21
22
Change in private inventories

Farm business
2005
2006
2007
2008
2009
12623.0
13377.2
8803.5
9301.0
1123.4
1953.4
5726.8
2010
14028.7
14291.5
13938.9
14526.6
9772.3
10035.5
9866.1
10245.5
1155.0
2069.8
6076.3
1188.4
2175.5
6408.3
1108.9
2272.8
6653.8
1029.6
2167.8
6668.7
1085.5
2301.5
6858.5
3
4
5
2172.3
2327.1
2295.2
2087.6
1546.8
1795.1
2122.3
2267.2
2266.1
2128.7
1707.6
1728.2
1347.3
99.1
893.9
165.9
33.1
155.3
1505.3
107.5
1014.9
188.2
32.0
162.7
1637.5
120.2
1092.4
204.3
33.1
187.5
1656.3
132.0
1116.1
173.7
39.5
195.0
1353.0
123.6
890.3
134.6
36.3
168.1
1390.1
118.8
912.4
134.9
42.3
181.7
8
9
10
11
12
13
775.0
681.9
4.2
86.4
2.5
761.9
670.1
3.1
85.0
3.5
628.7
541.7
15.7
80.5
-9.3
472.4
397.2
5.5
69.6
0.1
354.7
296.0
4.4
54.4
-0.1
338.1
287.7
-2.1
47.8
4.7
14
15
16
17
18
50.0
47.3
2.5
0.1
60.0
60.6
2.9
-3.6
29.1
28.3
1.5
-0.7
-41.1
-40.6
-2.1
1.6
-160.8
-151.1
-7.9
-1.8
66.9
65.2
3.4
-1.6
19
20
21
22
23
Net U.S. exports of goods and services
-722.7
-769.3
-713.1
-709.7
-391.5
-516.9
23
24
25
Exports
- Imports
1305.1
2027.8
1471.0
2240.3
1661.7
2374.8
1846.8
2556.5
1583.0
1974.6
1839.8
2356.7
24
25
26
Government consumption expenditures and

gross investment
2369.9
2518.4
2674.2
2878.1
2917.5
3002.8
26
1977.9
765.8
1212.0
2093.3
811.0
1282.3
2217.8
848.9
1368.9
2381.0
931.7
1449.2
2412.2
986.6
1425.5
2497.5
1054.0
1443.5
27
28
29
392.0
110.5
281.6
425.1
120.7
304.4
456.5
127.4
329.0
497.2
148.4
348.8
505.4
156.1
349.3
505.3
168.8
336.5
30
31
32
97.1
573.0
475.9
72.4
721.1
648.6
123.3
871.0
747.7
169.2
856.1
686.9
152.3
639.8
487.5
189.4
702.9
513.5
33
34
35
12720.1
13449.6
14151.9
14460.7
14091.2
14715.9
36
-9.2
-0.6
10.3
-0.5
0.1
-10.2
12.5
11.1
-13.3
-0.1
-11.3
-1.7
13.8
-1.3
0.5
-11.2
16.3
14.1
-19.2
-0.0
-11.2
3.9
14.4
-7.1
0.0
-11.3
-3.4
14.5
0.2
0.0
37
38
39
40
41
27
28
29
Consumption expenditures (3)

Federal
State and local
30
31
32
Gross investment (3)

Federal
State and local
Memo:
33
34
35
Net U.S. income receipts from rest of the world

U.S. income receipts
- U.S. income payments
36
Gross National Product (GNP) =

GDP + net U.S. income receipts
37
38
39
40
41
Acquisition of nonproduced nonfinancial assets (net)

Household sector
Federal governments
Rest of the world
(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.100, line 4.
(3) Government inventory investment is included in consumption expenditures.
FFA, 2005-2010, September 16, 2011
F.7 Distribution of National Income (1)

Billions of dollars
1
2
3
4
5
National Income
Compensation of employees
Wages and other labor income
Employer social insurance contributions
Wage accruals less disbursements
Proprietors income with inventory

valuation and capital consumption adjustments
Nonfarm
Farm
Rental income of persons (with capital
consumption adjustment)
10
Corporate profits with inventory

valuation and capital consumption adjustments
6
7
8
11
Corporate profits with inventory

valuation adjustment
2005
2006
2007
2008
2009
2010
11273.8
12031.2
12396.4
12609.1
12147.6
12840.1
7065.0
6632.6
427.5
5.0
7477.0
7029.0
446.7
1.3
7855.9
7402.2
459.9
-6.3
8068.3
7603.2
470.1
-5.0
7806.4
7343.4
458.0
5.0
7971.4
7498.2
473.2
0.0
2
3
4
5
1069.8
1025.9
43.9
1133.0
1103.6
29.3
1090.4
1052.6
37.8
1097.9
1046.1
51.8
941.2
902.0
39.2
1036.4
984.2
52.2
6
7
8
178.2
146.5
143.7
231.6
305.9
350.2
1456.1
1608.3
1510.6
1248.4
1362.0
1800.1
10
1609.5
1784.7
1691.1
1315.5
1456.3
1780.4
11
1640.2
954.1
3.0
239.4
443.6
1822.7
1115.1
2.8
256.8
448.0
1738.4
1037.6
4.4
350.9
345.5
1359.9
830.3
0.9
406.6
122.2
1455.7
692.5
0.9
360.4
401.8
1819.5
941.8
1.1
381.9
494.7
12
13
14
15
16
412.4
271.0
0.9
140.5
473.3
306.9
0.7
165.6
445.5
293.0
0.8
151.7
309.0
227.0
0.3
81.6
272.4
174.6
0.4
97.4
411.1
228.7
0.6
181.8
17
18
19
20
12
13
14
15
16
Profits before tax

Domestic nonfinancial
Farm
Rest of the world
Domestic financial
17
18
19
20
Less:
Taxes on corporate income
Farm
Domestic financial
21
22
23
24
25
26
Equals:
Profits after tax
Net dividends
Farm
Rest of the world
Domestic financial
1227.8
557.3
168.0
2.9
260.9
125.6
1349.5
704.8
465.8
5.3
77.9
155.7
1292.9
794.5
480.4
4.2
144.8
165.2
1050.9
786.9
470.6
3.5
180.5
132.2
1183.3
620.0
346.5
2.5
103.6
167.4
1408.4
737.3
396.8
2.0
122.0
216.5
21
22
23
24
25
26
27
28
29
30
31
Undistributed profits
Farm
Rest of the world
Domestic financial
670.5
515.1
-0.7
-21.4
177.4
644.7
342.3
-3.2
178.9
126.6
498.4
264.2
-0.5
206.1
28.7
264.0
132.7
-3.0
226.1
-91.7
563.3
171.5
-2.0
256.8
137.0
671.1
316.2
-1.5
259.9
96.4
27
28
29
30
31
32
Inventory valuation adjustment
-30.7
-38.0
-47.2
-44.5
0.6
-39.1
32
33
34
35
36
Capital consumption adjustment

Farm
Domestic financial
-153.4
-128.8
0.0
-24.6
-176.4
-156.0
0.0
-20.4
-180.5
-158.8
0.0
-21.7
-67.1
-31.7
0.0
-35.4
-94.3
-52.0
0.0
-42.3
19.7
47.8
0.0
-28.1
33
34
35
36
37
Net interest and miscellaneous payments
543.1
652.2
731.6
870.1
656.7
564.3
37
38
39
40
41
Taxes on production and imports

Less: Subsidies
Business current transfer payments (net)
Current surplus of government enterprises
930.2
60.9
95.9
-3.5
986.8
51.4
83.0
-4.2
1027.2
54.6
103.3
-11.8
1038.6
52.9
123.0
-16.0
1017.9
59.7
132.0
-14.9
1054.0
57.3
136.7
-15.7
38
39
40
41
11273.8
12031.2
12396.4
12609.1
12147.6
12840.1
42
1290.8
250.6
-95.1
1391.4
269.3
-242.3
1476.2
291.3
-12.0
1542.9
311.2
-2.4
1542.4
323.7
77.4
1540.9
334.0
0.8
43
44
45
97.1
72.4
123.3
169.2
152.3
189.4
46
12623.0
13377.2
14028.7
14291.5
13938.9
14526.6
47
Memo:
Calculation of Gross Domestic Product
from National Income: (2)
42
National Income, from line 1 above
43
44
45
Plus:
Private consumption of fixed capital
Government consumption of fixed capital
Statistical discrepancy
46
Less:
Net U.S. income receipts from rest of the world
47
Equals:
Gross Domestic Product
(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 to Gross Domestic Product is shown on NIPA table 1.7.5 in the Survey of Current Business, Bureau of Economic Analysis.
FFA, 2005-2010, September 16, 2011
F.8 Saving and Investment by Sector (1)

Billions of dollars
2005
2006
2007
2008
2009
2010
Gross saving
1918.9
2196.1
2047.7
1908.2
1597.3
1820.4
2
3
4
5
6
7
8
9
10
Net saving
Net private saving
Domestic business
Financial business
Households and institutions
Net government saving
Federal
State and local
377.5
634.6
486.4
338.6
147.7
148.2
-257.1
-283.0
25.9
535.4
688.1
430.3
295.4
134.8
257.9
-152.7
-203.8
51.0
280.2
513.2
270.7
226.3
44.3
242.5
-233.0
-245.2
12.2
54.1
739.8
152.5
237.5
-85.0
587.3
-685.7
-613.5
-72.2
-268.8
1027.1
469.6
325.6
143.9
557.6
-1296.0
-1217.9
-78.1
-54.5
1244.5
651.7
533.7
118.0
592.8
-1299.0
-1273.7
-25.3
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Consumption of fixed capital

Private
Domestic business
Nonfinancial corporate business (2)
Nonfinancial noncorporate business (3)
Financial business
Government
Federal
State and local
1541.4
1290.8
1045.7
743.0
175.5
127.3
245.1
250.6
100.4
150.1
1660.7
1391.4
1123.3
800.9
189.6
132.8
268.1
269.3
106.6
162.7
1767.5
1476.2
1190.7
840.1
210.1
140.6
285.5
291.3
112.6
178.7
1854.1
1542.9
1248.3
864.3
211.3
172.7
294.6
311.2
120.0
191.2
1866.2
1542.4
1249.9
862.2
210.8
176.9
292.5
323.7
124.7
199.0
1874.9
1540.9
1245.7
856.8
209.7
179.1
295.2
334.0
130.0
204.0
11
12
13
14
15
16
17
18
19
20
21
Gross domestic investment, capital account

transactions, and net lending, NIPAs
1823.8
1953.8
2035.7
1905.8
1674.8
1821.3
21
22
23
24
25
26
27
28
29
30
31
Gross domestic investment

Gross private domestic investment
Domestic business
Financial business
Gross government investment
Federal
State and local
2564.3
2172.3
1391.3
998.0
238.0
155.3
781.0
392.0
110.5
281.6
2752.2
2327.1
1549.5
1139.1
247.7
162.7
777.7
425.1
120.7
304.4
2751.7
2295.2
1633.3
1162.2
283.7
187.5
661.9
456.5
127.4
329.0
2584.8
2087.6
1558.4
1096.2
267.2
195.0
529.2
497.2
148.4
348.8
2052.2
1546.8
1127.2
756.7
202.4
168.1
419.6
505.4
156.1
349.3
2300.4
1795.1
1388.6
995.5
211.4
181.7
406.5
505.3
168.8
336.5
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
Capital account transactions (net) (4)

Private
Domestic business
Financial business
Government
Federal
State and local
-12.9
-32.6
-1.5
-16.1
-13.1
27.7
-31.2
19.8
59.3
-39.5
2.1
19.0
12.5
12.5
0.0
0.0
6.5
-17.0
29.3
-46.3
-0.1
-10.0
-1.7
-1.7
0.0
0.0
-8.3
10.0
55.0
-45.1
-5.4
-71.0
-51.2
12.6
-3.3
-60.5
-19.8
65.6
114.3
-48.7
0.6
-143.5
-85.7
42.2
-6.0
-121.9
-57.8
144.1
197.0
-52.9
0.7
-85.3
-31.4
17.8
-7.8
-41.5
-53.9
86.0
149.8
-63.8
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
Net lending (+) or net borrowing (-), NIPAs (5)

Private
Domestic business
Nonfinancial corporate business (2) (5)
Financial business
Government
Federal
State and local
-727.7
-309.4
47.2
4.6
-49.5
92.0
-356.6
-418.3
-352.4
-66.0
-800.5
-508.9
-250.7
-297.5
-58.2
104.9
-258.2
-291.6
-247.2
-44.3
-715.9
-307.8
-182.2
-106.0
-73.6
-2.6
-125.7
-408.1
-315.0
-93.1
-673.6
263.7
-108.8
-9.5
-52.6
-46.7
372.6
-937.3
-756.2
-181.1
-378.0
1243.7
755.4
466.3
14.5
274.6
488.3
-1621.7
-1446.3
-175.4
-479.9
1076.4
541.0
378.0
6.1
156.9
535.4
-1556.3
-1462.3
-94.0
42
43
44
45
46
47
48
49
50
51
52
Statistical discrepancy (line 21 less line 1)
-95.1
-242.3
-12.0
-2.4
77.4
0.8
52
53
54
55
56
57
58
59
Addenda:
Disaster losses
Private
Domestic business
Government
Federal
State and local
110.4
99.2
48.8
50.4
11.2
0.5
10.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
19.1
19.1
10.8
8.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
53
54
55
56
57
58
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) Includes corporate farms.
(3) Includes noncorporate farms.
(4) Consists of net capital transfers shown on table F.9 and the acquisition of nonproduced nonfinancial assets (net) shown on table F.6.
(5) Differs from net lending or net borrowing (capital account) in the Integrated Macroeconomic Accounts of the United States by the statistical discrepancy (line 52).
FFA, 2005-2010, September 16, 2011
F.9 Net Capital Transfers (1)

Billions of dollars
2005
2007
2008
2009
2010
165.7
103.6
114.5
209.6
290.1
209.9
By private business
Financial corporations
Disaster-related insurance benefits
Other
Nonfinancial corporations
Noncorporate business
28.9
28.9
28.9
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.6
7.6
7.6
0.0
0.0
0.0
40.4
0.0
0.0
0.0
40.4
0.0
25.8
0.0
0.0
0.0
25.8
0.0
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
By government
Federal
Investment grants to state and local govts.
Financial stabilization payments
Other capital transfers paid to business
Other capital transfers paid to persons
Capital transfers paid to the rest of the world (net)
State and local
91.2
84.8
48.9
17.3
0.0
0.0
15.9
2.6
6.4
6.4
70.5
70.5
52.1
0.0
0.0
0.0
16.4
2.0
0.0
0.0
82.8
82.8
53.7
0.0
0.0
0.0
28.7
0.4
0.0
0.0
161.8
161.8
57.1
2.8
67.7
0.1
33.3
0.8
0.0
0.0
224.7
224.7
62.8
0.0
121.9
8.1
31.3
0.6
0.0
0.0
164.6
164.6
73.6
0.0
41.5
12.3
36.4
0.7
0.0
0.0
8
9
10
11
12
13
14
15
16
17
18
19
20
By persons
Estate and gift taxes, federal
Estate and gift taxes, state and local
30.3
25.0
5.3
33.1
27.8
5.3
31.7
26.5
5.3
34.0
28.3
5.8
25.1
20.6
4.5
19.5
15.0
4.5
18
19
20
21
22
23
By the rest of the world

Other
15.4
15.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
6.2
6.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
21
22
23
24
Capital transfers received, by sector
165.7
103.6
114.5
209.6
290.1
209.9
24
25
26
27
28
29
30
31
32
33
34
By private business
Other
Nonfinancial corporations
Other
Noncorporate business
Other
29.7
1.1
1.1
0.0
15.5
15.5
0.0
13.1
13.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
75.0
68.1
0.4
67.7
3.7
3.6
0.1
3.3
3.3
0.0
130.0
121.9
0.0
121.9
2.1
0.0
2.1
6.0
0.0
6.0
53.8
41.5
0.0
41.5
4.6
0.0
4.6
7.8
0.0
7.8
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
By government
Federal
Estate and gift taxes paid by persons
State and local
Estate and gift taxes paid by persons
Investment grants paid by federal government
Other
81.2
25.0
25.0
56.2
2.1
5.3
48.9
0.0
85.2
27.8
27.8
57.4
0.0
5.3
52.1
0.0
85.4
26.5
26.5
58.9
0.0
5.3
53.7
0.0
91.1
28.3
28.3
62.8
0.0
5.8
57.1
0.0
87.9
20.6
20.6
67.3
0.0
4.5
62.8
0.0
93.3
15.0
15.0
78.3
0.0
4.5
73.6
0.2
35
36
37
38
39
40
41
42
43
44
45
By persons
Other
52.2
36.3
15.9
16.4
0.0
16.4
28.7
0.0
28.7
42.6
9.3
33.3
71.7
0.0
71.7
62.0
0.0
62.0
43
44
45
46
47
48
By the rest of the world

Capital transfers paid by U.S. government
Other
2.6
2.6
0.0
2.0
2.0
0.0
0.4
0.4
0.0
0.8
0.8
0.0
0.6
0.6
0.0
0.7
0.7
0.0
46
47
48
2
3
4
5
6
7
Capital transfers paid, by sector
2006
Addenda: Net capital transfers paid by sector

49
50
51
52
53
54
55
56
57
58
59
By private business (lines 2-25)

Financial corporations (lines 3-26)
Property-casualty insurance companies (line 4)
Financial stabilization payments (2)
Other (lines 5-27)
Bank holding companies (GMAC) (2)
Government-sponsored enterprises (2)
Funding corporations (AIG) (2)
Nonfinancial corporations (lines 6-29)
Noncorporate business (lines 7-32)
-0.9
27.7
28.9
-1.1
0.0
-1.1
0.0
0.0
0.0
-15.5
-13.1
-0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-0.0
0.0
-0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-0.0
0.0
-67.5
-60.5
7.6
-29.7
-29.3
-0.4
-3.2
-6.9
-28.3
-3.7
-3.3
-89.6
-121.9
0.0
-18.2
-18.2
0.0
-11.3
-87.1
-5.3
38.3
-6.0
-28.0
-41.5
0.0
2.4
2.4
0.0
-1.5
-40.2
-2.2
21.3
-7.8
49
50
51
52
53
54
55
56
57
58
59
60
61
62
By government (lines 8-35)

Federal (lines 9-36)
State and local (lines 16-38)
10.0
59.8
-49.8
-14.7
42.7
-57.4
-2.6
56.3
-58.9
70.6
133.5
-62.8
136.8
204.1
-67.3
71.2
149.6
-78.3
60
61
62
63
By persons (lines 18-43)
-21.9
16.8
3.0
-8.6
-46.6
-42.6
63
64
By the rest of the world (lines 21-46)
12.8
-2.0
-0.4
5.4
-0.6
-0.7
64
(1) This table is based on NIPA table 5.10 in the Survey of Current Business, Bureau of Economic Analysis (www.bea.gov).
(2) Sum of lines 53, 55, 56, and 57 equals the negative of line 12. Series treated as capital losses rather than as capital transfers in the Flow of Funds Accounts.
FFA, 2005-2010, September 16, 2011
F.10 Derivation of Measures of Personal Saving (1)

Billions of dollars
2005
2006
2007
2008
2009
2010
Net acquisition of financial assets
1210.2
1231.3
1525.6
720.0
-19.1
467.6
2
3
4
5
Foreign deposits
Time and savings deposits
2.4
-50.5
510.5
47.6
5.2
30.9
506.8
168.4
15.4
-5.0
492.1
234.4
-23.7
240.5
193.0
236.2
-6.4
49.5
100.1
-274.6
4.3
-129.0
229.5
-186.8
2
3
4
5
15.2
14.7
0.7
-97.3
97.6
78.7
119.8
-372.5
173.5
-310.9
19.0
-2.7
-90.2
-66.3
52.1
196.8
-585.0
165.4
-114.9
-10.2
-6.0
-34.5
333.3
23.5
218.3
-847.9
208.5
-176.7
-101.3
-2.4
150.3
96.4
7.4
-214.9
-112.3
0.2
227.4
28.7
-2.8
418.2
-569.5
106.0
-142.0
50.7
338.1
366.9
28.8
-3.3
364.2
102.5
79.9
-342.7
-147.4
284.9
6
7
8
9
10
11
12
13
14
6
7
8
9
10
11
12
13
14
Securities
Open market paper
U.S. savings bonds
Other Treasury securities
Corporate equities (2)
Mutual fund shares
15
16

16.1
275.7
65.6
250.9
34.2
201.1
67.0
125.7
26.5
135.4
17.2
224.9
15
16
17
Miscellaneous and other assets
393.2
514.3
668.5
57.9
-277.0
-59.4
17
18
19
20
21
22
23
Gross investment in nonfinancial assets

Residential fixed investment
Nonresidential fixed investment
Consumer durables
Nonproduced nonfinancial assets
Inventories
2057.0
768.3
248.1
1047.2
-9.2
2.6
2090.8
755.2
270.2
1075.7
-10.2
0.0
2041.1
622.2
322.4
1106.8
-11.3
0.9
1826.5
466.8
330.4
1041.3
-11.2
-0.9
1576.1
350.3
281.0
965.3
-11.2
-9.3
1622.8
335.5
280.2
1016.2
-11.3
2.2
18
19
20
21
22
23
24
25
26
27
Consumption of fixed capital

Consumer durables
1197.7
236.8
163.1
797.8
1272.3
258.9
176.6
836.9
1346.1
269.8
202.2
874.0
1412.4
272.2
233.7
906.5
1420.5
266.0
237.3
917.2
1420.3
266.7
238.3
915.3
24
25
26
27
28
Net investment in nonfinancial assets (3)
859.3
818.5
695.0
414.0
155.6
202.5
28
531.6
84.9
249.5
-9.2
2.6
496.3
93.6
238.8
-10.2
0.0
352.4
120.2
232.8
-11.3
0.9
194.7
96.7
134.8
-11.2
-0.9
84.3
43.6
48.1
-11.2
-9.3
68.8
41.9
100.9
-11.3
2.2
29
30
31
32
33
1703.2
1839.8
1501.0
337.7
-413.5
-329.3
34
1107.6
119.2
100.4
0.8
-31.6
406.8
1063.3
230.2
95.4
3.3
59.7
387.9
708.4
288.9
139.3
3.6
33.4
327.4
-99.4
245.5
38.8
5.9
-160.7
307.6
-188.1
-67.8
-115.3
0.7
38.1
-81.2
-335.8
-99.2
-44.2
3.4
75.2
71.2
35
36
37
38
39
40
-50.3
41
29
30
31
32
33
34
35
36
37
38
39
40

Consumer durables
Inventories
Net increase in liabilities
Mortgage debt on nonfarm homes
Other mortgage debt
Consumer credit
Policy loans
Security credit
Other liabilities
41
Net capital transfers paid (4)
-35.0
16.8
3.0
-11.9
-52.6
42
Personal saving, FOF concept (FOF)
331.4
226.8
722.6
784.5
497.3
949.0
42
43
44
- Net investment in consumer durables

- Government insurance and pension fund reserves (5)
249.5
0.7
238.8
0.1
232.8
0.1
134.8
-0.6
48.1
0.5
100.9
-1.7
43
44
45
= Personal saving, NIPA concept (FOF) (6)
81.3
-12.2
489.7
650.4
448.7
849.8
45
46
Personal saving, NIPA concept (NIPA)
143.2
256.6
248.7
592.3
552.6
592.8
46
47
Difference
-61.9
-268.8
241.0
58.0
-103.8
257.1
47
48
Memo:
Disposable personal income
9277.3
9915.7
10423.6
11024.5
10788.8
11179.7
48
49
50
51
52
Personal saving as a percentage of disposable personal income:

FOF concept (FOF data) (line 42)
NIPA concept (FOF data) (line 45)
NIPA concept (NIPA data) (line 46)
Difference (line 47)
3.6
0.9
1.5
-0.7
2.3
-0.1
2.6
-2.7
6.9
4.7
2.4
2.3
7.1
5.9
5.4
0.5
4.6
4.2
5.1
-1.0
8.5
7.6
5.3
2.3
49
50
51
52
(1) Consolidated statement for households and nonprofit organizations, nonfarm nonfinancial noncorporate business, and noncorporate farm business.
(2) Directly held and those in closed-end and exchange-traded funds. Other equities are included in mutual fund shares (line 14) and life insurance and pension reserves (lines 15 and 16)).
(3) Line 18 less line 24.
(4) Table F.9, line 59 plus line 63.
(5) Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves.
(6) Line 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 44) plus
net investment in nonfinancial assets net of consumer durables (line 28 less line 43) less net increase in liabilities (line 34) plus net capital transfers paid (line 41). Line 46 is disposable personal income (line 48) less
personal outlays (table F.100, line 4).
FFA, 2005-2010, September 16, 2011
F.100 Households and Nonprofit Organizations (1)

Billions of dollars
2005
2006
2007
2008
2009
2010
10485.9
1208.6
9277.3
9134.1
143.2
11268.1
1352.4
9915.7
9659.1
256.6
11912.3
1488.7
10423.6
10174.9
248.7
12460.2
1435.7
11024.5
10432.2
592.3
11930.2
1141.4
10788.8
10236.3
552.6
12373.5
1193.9
11179.7
10586.9
592.8
1
2
3
4
5
1
2
3
4
5
Personal income
- Personal current taxes
= Disposable personal income
- Personal outlays
= Personal saving, NIPA (2)
6
7
8
9
+ Government insurance and pension reserves (3)

+ Net investment in consumer durables
+ Consumption of fixed capital
- Net capital transfers paid (4)
0.7
249.5
1047.3
-21.9
0.1
238.8
1110.0
16.8
0.1
232.8
1161.8
3.0
-0.6
134.8
1201.2
-8.6
0.5
48.1
1209.7
-46.6
-1.7
100.9
1210.6
-42.6
6
7
8
9
10
= Gross saving less net capital transfers paid
1462.6
1588.8
1640.4
1936.2
1857.4
1945.0
10
11
Gross investment
1400.6
1320.0
1881.4
1994.2
1753.6
2202.1
11
12
13
14
15
16
Capital expenditures
Residential
Consumer durable goods
Nonprofit nonresidential
1819.0
681.9
1047.2
99.1
-9.2
1843.1
670.1
1075.7
107.5
-10.2
1757.4
541.7
1106.8
120.2
-11.3
1559.3
397.2
1041.3
132.0
-11.2
1373.7
296.0
965.3
123.6
-11.2
1411.3
287.7
1016.2
118.8
-11.3
12
13
14
15
16
17
Net lending (+) or net borrowing (-)
-418.3
-523.1
124.0
434.9
379.9
790.8
17
18
739.6
730.0
1036.3
323.2
198.6
611.1
18
19
20
21
22
Foreign deposits
2.4
-127.2
487.1
45.2
5.2
-43.8
486.5
165.2
15.4
-71.8
477.2
232.2
-23.7
236.8
194.3
235.1
-6.4
88.0
128.0
-268.7
4.3
-107.0
245.6
-183.4
19
20
21
22
23
Credit market instruments
218.8
90.3
518.1
-43.1
-171.8
220.7
23
14.7
-102.6
0.7
-103.3
97.6
78.6
119.8
2.7
8.1
19.0
-93.1
-2.7
-90.3
-66.3
50.8
196.8
0.4
-17.3
-10.2
-43.5
-6.0
-37.5
333.3
24.0
218.3
8.5
-12.3
-101.3
155.4
-2.4
157.8
96.4
7.8
-214.9
12.2
1.4
28.7
419.4
-2.8
422.2
-569.5
106.4
-142.0
-5.3
-9.6
28.8
363.2
-3.3
366.5
102.5
80.1
-342.7
0.1
-11.3
24
25
26
27
28
29
30
31
32
-372.5
173.5
-3.0
16.1
275.7
-34.6
58.0
-585.0
165.4
80.4
65.6
250.9
11.7
37.4
-847.9
208.5
210.8
34.2
201.1
-7.5
66.1
-112.3
0.2
-123.8
67.0
125.7
-288.2
55.1
50.7
338.1
-74.1
26.5
135.4
-68.2
21.1
-147.4
284.9
25.7
17.2
224.9
-18.2
43.8
33
34
35
36
37
38
39
1157.9
1253.1
912.3
-111.8
-181.3
-179.6
40
1175.5
1179.3
863.2
30.1
-225.5
-275.6
41
1040.0
100.4
16.0
9.7
0.0
9.2
989.1
95.4
18.9
49.9
4.8
21.2
674.5
139.3
17.1
13.4
3.2
15.8
-52.5
38.8
8.1
18.0
6.2
11.5
-146.7
-115.3
14.9
30.1
0.5
-9.1
-298.3
-44.2
3.9
76.5
2.4
-15.9
42
43
44
45
46
47
-31.6
13.0
59.7
13.6
33.4
14.6
-160.7
15.7
38.1
10.9
75.2
18.1
48
49
1.0
0.5
1.0
3.2
-4.9
2.7
50
61.9
268.8
-241.0
-58.0
103.8
-257.1
51
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
Open market paper

Treasury securities
Savings bonds
Other
Other loans and advances (5)
Mortgages
Mutual fund shares
Security credit
Equity in noncorporate business
Miscellaneous assets
Home mortgages (7)
Consumer credit
Bank loans n.e.c. (8)
Commercial mortgages
Security credit
Trade payables
Deferred and unpaid
life insurance premiums
Discrepancy
(1) Sector includes farm households and domestic hedge funds. Supplementary tables (tables F.100.a and L.100.a) show estimates of annual flows and year-end outstandings of nonprofit organizations.
(2) See table F.10 for derivation of alternative measures of personal saving.
(4) Table F.9, line 63.
(5) Syndicated loans to nonfinancial corporate business by nonprofits and domestic hedge funds.
(6) Directly held and those in closed-end and exchange-traded funds. Other equities are included in mutual fund shares (line 34) and life insurance and pension reserves (lines 36 and 37).
(7) Includes loans made under home equity lines of credit and home equity loans secured by junior liens, shown on table F.218, line 24.
(8) Includes loans extended by the Federal Reserve to financial institutions such as domestic hedge funds through the Term Asset-Backed Securities Loan Facility (TALF), shown on table F.109, line 17.
10
FFA, 2005-2010, September 16, 2011
F.101 Nonfinancial Business (1)

Billions of dollars
2005
2006
2007
2008
2009
2010
Income before taxes
2084.2
2311.2
2203.6
2029.8
1747.8
2098.4
Gross saving less net capital transfers paid
1258.8
1256.1
1251.0
1318.9
1365.0
1585.8
Gross investment
1138.5
1171.9
1147.8
383.6
1680.1
1518.7
5
6
7
Fixed investment
Residential
Nonresidential
8
9
Change in inventories
1233.0
1395.8
1453.4
1379.6
963.2
1198.8
1183.6
90.6
1093.0
1323.3
88.2
1235.1
1426.0
96.2
1329.8
1404.4
75.1
1329.3
1120.0
58.8
1061.2
1135.3
45.7
1089.6
5
6
7
50.0
-0.6
60.0
12.5
29.1
-1.7
-41.1
16.3
-160.8
3.9
66.9
-3.4
8
9
10
-94.4
-223.8
-305.6
-996.0
717.0
319.9
10
11
1383.0
1220.7
1554.3
-506.7
286.8
691.0
11
12
13
14
15
16
Foreign deposits
Security RPs
9.9
150.5
73.4
42.0
8.1
-14.2
-41.6
66.9
71.3
1.0
0.9
58.4
-40.7
130.2
-7.5
-25.5
-104.9
-60.7
159.3
-0.9
6.9
98.1
81.4
-62.4
0.8
40.5
219.8
-33.4
-132.0
4.4
12
13
14
15
16
17
53.8
-11.7
-69.1
-43.0
-1.1
9.8
17
16.0
24.1
6.0
0.4
7.0
0.4
11.7
-6.5
-2.2
-2.7
-10.0
-2.0
-53.2
-4.1
-2.4
0.6
-11.0
1.0
-12.2
-15.4
-2.6
-3.4
-10.7
1.2
-0.4
4.6
2.9
0.7
-6.4
-2.6
15.7
-2.0
0.1
-6.5
-5.1
7.5
18
19
20
21
22
23
1.5
344.2
699.5
24.9
21.7
1102.5
0.2
217.8
1264.1
-6.1
-174.9
-250.0
40.4
-7.2
129.9
16.7
111.5
453.6
24
25
26
1477.4
1444.5
1859.9
489.2
-430.2
371.1
27
671.5
895.6
1221.8
584.4
-302.6
39.6
28
-7.7
7.6
56.7
22.4
5.4
215.6
11.3
8.1
311.2
7.7
2.7
204.6
-73.1
5.5
377.2
24.5
8.6
420.6
29
30
31
124.8
118.7
371.5
125.4
154.5
372.3
226.8
307.2
357.2
174.6
67.9
127.1
-326.1
-155.2
-131.0
-109.5
-102.7
-201.9
32
33
34
-341.8
248.7
6.9
925.5
-565.7
123.4
8.2
964.6
-786.8
111.1
-45.8
1369.5
-336.0
-219.4
9.8
750.0
-64.6
-117.4
-11.1
129.9
-277.9
168.3
-0.9
460.6
35
36
37
38
-33.4
18.5
-9.9
-299.7
-64.5
-18.6
39
160.7
135.2
128.2
937.0
-311.6
74.2
40
18
19
20
21
22
23
24
25
26
27
28
Commercial paper
Treasury securities
Mortgages
Consumer credit
Mutual fund shares
Trade receivables
29
30
31
Commercial paper
Corporate bonds
32
33
34
Bank loans n.e.c.

Mortgages
35
36
37
38
Corporate equities
Trade payables
Taxes payable
Miscellaneous liabilities
39
Proprietors net investment
40
Discrepancy
(1) Combined statement for nonfarm nonfinancial corporate business, nonfarm noncorporate business, and farm business.
FFA, 2005-2010, September 16, 2011
11
F.102 Nonfarm Nonfinancial Corporate Business

Billions of dollars
1
2
3
4
5
6
7
8
9
10
Profits before tax (book)

- Taxes on corporate income
- Net dividends
+ Capital consumption allowance (1)
= U.S. internal funds, book
+ Foreign earnings retained abroad
+ Inventory valuation adjustment (IVA)
= Total internal funds + IVA
Gross investment
2005
2006
2007
2008
2009
2010
954.1
271.0
168.0
606.7
1121.8
-17.5
-30.7
-15.5
1089.1
1115.1
306.9
465.8
636.0
978.3
148.9
-38.0
-0.0
1089.2
1037.6
293.0
480.4
673.4
937.6
168.5
-47.2
-0.0
1058.9
830.3
227.0
470.6
822.4
955.0
183.9
-44.5
-3.7
1098.2
692.5
174.6
346.5
798.9
970.3
207.7
0.6
38.3
1140.3
941.8
228.7
396.8
892.1
1208.4
211.4
-39.1
21.3
1359.4
1
2
3
4
5
6
7
8
9
928.4
953.9
930.7
161.2
1451.8
1285.2
10
11
12
13
14
Fixed investment (3)
Inventory change + IVA
944.9
898.1
47.3
-0.6
1091.2
1018.1
60.6
12.5
1134.7
1108.0
28.3
-1.7
1097.3
1121.7
-40.6
16.3
747.6
894.8
-151.1
3.9
972.0
910.3
65.2
-3.4
11
12
13
14
15
-16.4
-137.3
-204.0
-936.2
704.2
313.2
15
16
944.8
699.2
1073.3
-605.5
567.6
852.6
16
17
18
19
20
21
Foreign deposits
Security RPs
9.9
73.6
49.9
39.6
8.1
-14.2
-116.9
46.6
68.1
1.0
0.9
-9.0
-55.7
128.1
-7.5
-25.5
-109.2
-59.4
158.2
-0.9
6.9
136.0
109.3
-56.5
0.8
40.5
241.7
-17.3
-128.6
4.4
17
18
19
20
21
22
42.4
-11.6
-79.1
-32.2
6.4
14.1
22
16.0
18.1
6.0
0.3
1.7
0.4
11.7
-6.7
-2.2
-4.0
-8.4
-2.0
-53.2
-7.1
-2.4
1.1
-18.4
1.0
-12.2
-7.9
-2.6
-3.0
-7.7
1.2
-0.4
8.7
2.9
1.1
-3.3
-2.6
15.7
0.4
0.1
-6.3
-3.3
7.5
23
24
25
26
27
28
23
24
25
26
27
28
Commercial paper
Treasury securities
Mortgages
Consumer credit
29
30
Mutual fund shares

Trade receivables
1.5
277.6
24.9
-18.3
0.2
163.1
-6.1
-172.0
40.4
33.6
16.7
135.1
29
30
31
32
33
34
35
36
U.S. direct investment abroad (4)
Insurance receivables
Equity in GSEs
Investment in finance co. subs.
Other
442.2
24.7
20.7
0.0
64.4
332.4
719.5
219.2
6.6
0.0
22.9
470.9
932.3
307.0
7.4
0.0
-54.8
672.7
-358.4
262.6
9.9
0.0
-1.1
-629.9
290.6
279.8
-1.8
0.0
-9.3
21.9
546.0
322.1
2.5
0.0
20.3
201.2
31
32
33
34
35
36
961.2
836.5
1277.3
330.7
-136.7
539.4
37
-19.2
-92.9
-34.4
-78.4
-61.6
-50.1
38
-341.8
-565.7
-786.8
-336.0
-64.6
-277.9
39
322.6
472.8
752.5
257.6
3.0
227.9
40
-7.7
7.6
56.7
-33.9
108.5
191.5
22.4
5.4
215.6
9.2
132.5
87.7
11.3
8.1
311.2
85.1
288.5
48.3
7.7
2.7
204.6
53.7
54.8
-65.8
-73.1
5.5
377.2
-130.6
-143.7
-32.5
24.5
8.6
420.6
-32.1
-112.4
-81.3
41
42
43
44
45
46
199.4
-1.8
782.8
98.7
-1.9
686.0
110.3
-0.8
819.8
191.0
-2.0
630.8
85.9
-49.6
1275.3
211.6
4.4
1059.3
-229.9
3.1
635.9
189.5
0.7
445.6
-89.9
-3.3
18.1
112.0
2.5
-96.4
194.0
3.6
391.9
186.2
-1.2
207.0
47
48
49
50
51
52
160.7
135.2
128.2
937.0
-311.6
74.2
53
-146.2
150.9
244.3
186.7
-223.3
-197.3
54
37
38

Net funds raised in markets
39
Net new equity issues
40
41
42
43
44
45
46
47
48
49
50
51
52
Commercial paper
Municipal securities (5)
Corporate bonds (4)
Bank loans n.e.c.
Mortgages
Trade payables
Taxes payable
Foreign direct investment in U.S.
Pension fund contributions payable
Other
53
Discrepancy
54
Memo:
Financing gap (7)
(1) Consumption of fixed capital plus capital consumption adjustment.

(3) Nonresidential fixed investment plus residential fixed investment, shown in table F.6, lines 10 and 16 respectively.
(4) Through 1992:Q4, corporate bonds include net issues by Netherlands Antillean financial subsidiaries, and U.S. direct investment abroad excludes net inflows from those bond issues.
(5) 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.
(6) Loans from rest of the world, U.S. government, and nonbank financial institutions. Detail can be found on table F.216.
(7) Capital expenditures (line 11) less the sum of U.S. internal funds (line 5) and inventory valuation adjustment (line 7).
12
FFA, 2005-2010, September 16, 2011
F.103 Nonfarm Nonfinancial Noncorporate Business

Billions of dollars
2005
2006
2007
2008
2009
2010
Gross saving = consumption of fixed capital
129.5
140.7
161.9
187.9
187.1
185.8
Gross saving less net capital transfers paid (1)
142.6
140.7
161.9
191.2
193.1
193.6
Gross investment
142.6
140.7
161.9
191.2
193.1
193.6
254.9
252.4
2.5
276.2
273.3
2.9
286.3
284.8
1.5
241.1
243.3
-2.1
181.0
189.0
-7.9
186.1
182.7
3.4
4
5
6
4
5
6
-112.3
-135.5
-124.4
-49.9
12.1
7.5
8
9
10
11
12
13
14
15
16
17
18
19
20

Treasury securities
Mortgages
Consumer credit
Trade receivables
Equity investment in GSEs (3)
Other
436.2
76.3
23.5
2.4
6.0
0.1
5.3
0.0
66.6
256.0
4.9
-0.1
251.2
515.3
73.1
20.3
3.2
0.2
1.3
-1.5
0.0
40.0
378.9
1.6
0.1
377.2
475.9
65.7
14.9
2.2
3.0
-0.5
7.4
0.0
54.7
328.4
1.7
0.3
326.4
95.9
3.3
-1.2
1.0
-7.5
-0.4
-3.0
0.0
-3.0
106.6
2.1
1.6
102.9
-283.3
-38.8
-28.0
-5.9
-4.0
-0.4
-3.1
0.0
-40.8
-162.3
0.2
0.0
-162.6
-163.2
-22.4
-16.1
-3.4
-2.3
-0.2
-1.8
0.0
-23.5
-93.5
0.6
0.0
-94.2
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29

Bank loans n.e.c.
Mortgages
Trade payables
Taxes payable
548.5
331.6
156.5
4.2
170.9
52.0
8.7
142.8
13.4
650.8
408.6
113.0
14.4
281.3
20.0
9.0
144.8
68.4
600.3
454.8
139.4
11.1
304.3
29.3
3.8
94.2
18.2
145.9
321.8
117.7
33.2
170.9
-11.9
6.7
114.1
-284.8
-295.4
-299.3
-195.4
-8.7
-95.2
-34.0
-7.8
111.8
-66.1
-170.8
-199.4
-77.1
3.2
-125.5
-19.6
-4.5
68.7
-16.0
21
22
23
24
25
26
27
28
29
(1) Net capital transfers paid from table F.9, line 59.
(2) Nonresidential fixed investment plus residential fixed investment, shown in table F.6, lines 11 and 17 respectively.
(3) Equity in the Farm Credit System.
F.104 Farm Business (1)

Billions of dollars
1
2
3
Gross saving
Corporate
Noncorporate = consumption of fixed capital
27.1
6.3
20.8
26.2
4.6
21.6
30.2
7.8
22.3
29.5
6.2
23.3
31.6
7.9
23.8
32.7
8.8
23.9
1
2
3
Gross investment
67.5
77.3
55.2
31.2
35.2
39.9
5
6
7
33.2
33.1
0.1
28.4
32.0
-3.6
32.4
33.1
-0.7
41.1
39.5
1.6
34.5
36.3
-1.8
40.7
42.3
-1.6
5
6
7
34.3
48.9
22.8
-9.9
0.7
-0.8
9
10
11
12
13

2.0
0.7
1.3
1.2
0.1
6.2
2.1
4.1
3.9
0.2
5.2
1.8
3.4
2.9
0.5
2.8
0.9
1.8
2.4
-0.6
2.5
0.9
1.7
1.7
0.0
1.6
0.6
1.1
0.6
0.5
9
10
11
12
13
14
15
16
17
18
19
20

Bank loans n.e.c.
Mortgages
Trade payables
Proprietors net investment (noncorporate)
-32.3
17.3
2.2
5.9
9.1
-2.8
-46.8
-42.7
14.2
3.3
7.6
3.3
-7.0
-49.9
-17.6
14.6
2.3
7.6
4.6
-4.1
-28.1
12.7
5.1
3.2
-20.1
22.0
22.5
-14.9
1.9
-6.3
-0.1
-2.8
-3.4
6.6
1.6
2.4
11.1
-0.3
6.4
4.9
-6.1
-2.6
14
15
16
17
18
19
20
-40.4
-51.1
-25.0
-1.7
-3.6
-7.2
21
21
Discrepancy (corporate)
(1) Corporate and noncorporate farms.

(2) Nonresidential fixed investment, shown in table F.6, line 12.
FFA, 2005-2010, September 16, 2011
13
F.105 State and Local Governments, Excluding Employee Retirement Funds (1)
Billions of dollars
2005
2006
2007
2008
2009
2010
1730.4
1829.7
1923.1
1944.8
1953.6
2064.7
276.7
831.4
54.9
24.8
88.3
454.3
0.1
302.5
887.4
59.2
21.8
103.5
456.7
-1.3
323.1
932.7
57.8
18.9
114.5
485.1
-9.1
334.4
944.6
47.4
19.0
106.8
505.0
-12.3
284.8
920.6
47.4
20.2
93.3
597.8
-10.5
297.5
952.6
57.9
20.8
90.9
655.9
-10.8
2
3
4
5
6
7
8
Current expenditures, NIPA basis
1704.5
1778.6
1910.8
2017.0
2031.7
2090.0
10
11
12
13
14
Consumption expenditures
Govt. social benefit payments to persons
Interest payments
Subsidies
- Wage accruals less disbursements
1212.0
404.8
87.3
0.4
0.0
1282.3
402.9
93.0
0.4
0.0
1368.9
433.7
101.1
7.1
0.0
1449.2
456.7
108.1
3.0
0.0
1425.5
498.1
106.7
1.4
0.0
1443.5
534.6
110.4
1.6
0.0
10
11
12
13
14
15
Net state and local govt. saving, NIPA basis
25.9
51.0
12.2
-72.2
-78.1
-25.3
15
16
17

150.1
-49.8
162.7
-57.4
178.7
-58.9
191.2
-62.8
199.0
-67.3
204.0
-78.3
16
17
18
225.8
271.2
249.8
181.8
188.3
257.0
18
19
Gross investment
299.1
323.4
268.9
226.0
278.8
306.2
19
281.6
10.3
304.4
11.1
329.0
13.8
348.8
14.1
349.3
14.4
336.5
14.5
20
21
1
2
3
4
5
6
7
8
9
Current receipts, NIPA basis

Personal current taxes
Contributions for govt. social insurance
Income receipts on assets
Current transfer receipts
20
21
Fixed investment
22
23
Net acq. of financial assets
24
25
26
27

Security RPs
28
7.3
7.9
-74.0
-137.0
-84.9
-44.8
22
211.4
196.1
154.1
-46.3
62.5
100.4
23
9.5
12.8
5.1
10.0
5.4
26.2
6.8
13.5
-4.8
36.4
3.4
6.6
8.5
19.1
-1.4
-2.7
19.2
10.8
4.5
8.8
6.7
-0.4
4.7
9.2
24
25
26
27
154.0
128.5
27.2
-125.4
-30.8
-3.0
28
29
30
31
Open market paper

Treasury securities
13.1
92.3
28.4
17.6
45.5
38.3
-11.3
7.1
18.8
-63.5
-48.6
-7.6
-53.5
20.1
-15.0
-28.0
7.3
6.2
29
30
31
32
33
34
Mortgages
0.4
9.0
10.8
0.5
12.1
14.5
0.2
6.0
6.4
-0.1
-2.4
-3.2
0.3
7.9
9.4
0.3
8.3
2.8
32
33
34
2.5
0.8
-4.4
-1.3
2.7
0.5
22.9
14.3
17.6
-7.2
-26.4
-7.7
35
36
10.2
15.5
-8.9
13.8
11.5
-3.9
6.8
0.8
74.5
-2.7
-4.1
25.2
9.0
-18.2
48.9
9.4
-17.1
125.2
37
38
39
204.1
188.1
228.1
90.7
147.4
145.3
40
35
36
Corporate equities
Mutual fund shares
37
38
39
Trade receivables
Taxes receivable
40
41
172.0
153.7
191.0
51.5
109.7
106.9
41
42
43
44
45
Short-term
Other
U.S. government loans
171.3
5.7
165.6
0.6
153.1
-3.1
156.2
0.6
190.4
17.3
173.1
0.7
50.6
12.5
38.1
0.8
108.9
2.9
105.9
0.8
106.0
14.5
91.5
0.9
42
43
44
45
32.1
34.4
37.0
39.2
37.7
38.4
46
-73.3
-52.3
-19.1
-44.2
-90.5
-49.2
47
46
47
Trade payables
Discrepancy
(1) Data for retirement funds are shown in table F.119.

14
FFA, 2005-2010, September 16, 2011
F.106 Federal Government

Billions of dollars
1
2
3
4
5
6
7
8
9

Taxes from the rest of the world
2005
2006
2007
2008
2009
2010
2290.1
2524.5
2654.7
2502.2
2232.5
2429.6
931.9
98.8
341.0
12.1
852.6
23.7
33.6
-3.5
1049.9
99.4
395.0
14.0
904.6
26.1
38.3
-2.9
1165.6
94.5
362.8
14.7
945.3
29.8
44.8
-2.7
1101.3
94.0
233.7
18.8
973.1
30.7
54.4
-3.7
856.6
97.3
201.7
14.7
948.9
48.1
69.8
-4.4
896.4
101.5
329.6
13.3
970.9
53.1
69.7
-4.8
2
3
4
5
6
7
8
9
10
2573.1
2728.3
2900.0
3115.7
3450.4
3703.3
10
11
12
13
14
15
16
Government social benefits
Other current transfer payments
Interest payments
Subsidies
765.8
1089.2
402.1
255.4
60.5
0.0
811.0
1193.1
394.0
279.2
51.0
0.0
848.9
1267.5
423.0
313.2
47.4
0.0
931.7
1401.2
440.7
292.1
49.9
0.0
986.6
1617.9
535.7
251.9
58.3
0.0
1054.0
1724.9
588.8
279.9
55.8
0.0
11
12
13
14
15
16
17
Net federal government saving, NIPA basis
-283.0
-203.8
-245.2
-613.5
-1217.9
-1273.7
17
18
19
20
21

- Insurance and pension reserves (1)
- Contr. for govt. soc. insur., U.S.-affiliated areas
100.4
0.7
4.7
59.8
106.6
0.1
4.6
42.7
112.6
0.1
4.7
56.3
120.0
-0.6
4.8
65.8
124.7
0.5
4.9
82.2
130.0
-1.7
4.9
108.1
18
19
20
21
22
-247.7
-144.6
-193.8
-563.5
-1180.8
-1254.9
22
23
24
25
Gross investment
Fixed investment
-270.4
110.5
-0.5
-157.7
120.7
-13.3
-217.2
127.4
-1.3
-649.0
148.4
-19.2
-1144.1
156.1
-7.1
-1215.6
168.8
0.2
23
24
25
-380.4
-265.0
-343.3
-778.2
-1293.1
-1384.7
26
30.2
-14.0
0.2
573.2
232.0
309.2
27
-14.4
12.2
-1.0
-2.7
-2.7
0.2
-0.4
25.1
1.2
4.2
313.1
-1.3
51.9
-174.2
0.3
1.6
148.9
0.1
28
29
30
26
27

Net acq. of financial assets
28
29
30

31
32
33
34
35
36

Mortgages
Consumer credit (3)
-0.9
0.0
0.0
-7.0
2.4
3.7
6.1
0.0
0.0
0.6
3.7
1.9
6.6
0.0
0.0
-2.2
2.1
6.7
86.5
54.4
0.0
6.0
13.5
12.6
296.1
142.0
0.6
66.0
12.6
75.0
85.3
-47.2
0.3
3.5
-1.8
130.4
31
32
33
34
35
36
37
38
39
40

Trade receivables
Taxes receivable
0.0
9.2
25.3
-0.3
0.0
-11.6
-6.3
3.1
0.0
1.2
-35.5
1.9
256.3
4.2
-61.9
-28.0
0.6
-21.1
43.0
35.4
15.1
-0.7
62.5
-3.5
37
38
39
40
410.5
251.1
343.5
1351.4
1525.1
1693.9
41
0.0
0.0
0.8
0.0
0.0
0.6
0.0
0.0
-0.7
0.0
0.0
-0.8
47.6
3.0
-0.4
0.0
0.0
-0.3
42
43
44
306.9
0.7
306.6
-0.4
0.0
183.4
-2.7
186.4
-0.3
0.0
237.1
-6.0
243.4
-0.4
0.0
1239.2
-2.4
1241.4
0.2
0.0
1443.9
-2.8
1446.5
0.1
0.0
1580.2
-3.3
1582.9
0.7
0.0
45
46
47
48
49
33.7
1.1
68.0
40.0
28.1
6.2
1.5
59.4
35.8
23.6
29.3
1.2
76.6
33.3
43.3
22.6
1.0
89.5
63.3
26.2
-51.6
1.1
81.4
61.9
19.5
22.5
0.9
90.6
65.7
24.9
50
51
52
53
54
22.7
13.1
23.4
85.5
-36.7
-39.3
55
4.6
-5.5
27.5
308.6
-173.2
148.9
56
41
42
43
44
SDR allocations
SDR certificates
Treasury currency
45
46
47
48
49

Savings bonds
Budget agency securities
Multifamily residential mortgages
50
51
52
53
54
Trade payables
Insurance reserves
Miscellaneous liabilities (5)
Nonmarketable securities held by pension plans
Other
55
Discrepancy
56
Memo:
Change in cash balance (6)
(2) Table F.9, line 61 less line 12.
(3) Student loans.
(4) Corporate equities purchased from financial businesses under the Troubled Asset Relief Program (TARP) and from GSEs at issuance price.
(5) 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.
(6) Time and savings deposits (line 30) plus checkable deposit and currency liabilities of the monetary authority and commercial banking sectors (table F.204, lines 3 and 8).
FFA, 2005-2010, September 16, 2011
15
F.107 Rest of the World

Billions of dollars
2005
2006
2007
2008
2009
2010
1
2
3
4
Foreign income from U.S.

U.S. imports
U.S. income payments to rest of world
Current taxes and trans. payments to rest of world
2618.6
2027.8
475.9
115.0
2990.5
2240.3
648.6
101.5
3248.7
2374.8
747.7
126.2
3381.9
2556.5
686.9
138.4
2600.3
1974.6
487.5
138.2
3021.8
2356.7
513.5
151.6
1
2
3
4
5
6
7
Foreign outlays to U.S.

U.S. exports
U.S. income receipts from rest of world
1878.1
1305.1
573.0
2192.1
1471.0
721.1
2532.6
1661.7
871.0
2702.9
1846.8
856.1
2222.8
1583.0
639.8
2542.7
1839.8
702.9
5
6
7
8
9

12.8
727.8
-2.0
800.4
-0.4
716.4
5.4
673.6
-0.6
378.0
-0.7
479.9
8
9
Gross investment
713.9
0.1
807.3
-0.1
618.1
0.5
736.6
-0.0
245.8
0.0
254.1
0.0
10
11
10
11
12
713.8
807.4
617.6
736.6
245.8
254.1
12
13
1071.4
1835.4
1692.8
501.4
181.8
1082.5
13
0.0
0.0
-12.3
14.9
6.7
0.1
45.5
752.0
9.9
245.1
112.8
132.3
134.3
88.5
45.8
3.0
328.5
31.3
56.9
32.2
7.9
0.0
167.5
112.6
54.9
0.0
0.0
-9.4
11.4
11.5
4.1
2.4
973.6
46.7
150.3
208.6
-58.2
224.0
203.6
20.4
5.4
541.0
6.2
96.2
45.2
5.9
0.0
694.5
243.2
451.4
0.0
0.0
-153.6
-5.4
40.3
19.0
-35.2
943.8
-8.3
165.3
98.4
66.8
248.8
236.1
12.7
10.7
424.6
102.7
218.5
38.2
20.8
0.0
606.5
221.2
385.4
0.0
0.0
419.8
64.0
65.5
23.7
-231.5
357.7
-45.1
711.6
548.7
162.9
-228.6
-31.3
-197.3
5.4
-21.4
-64.1
105.1
-2.0
6.5
0.0
-307.4
310.1
-617.5
0.0
47.6
-294.0
-9.2
-43.1
10.6
-83.9
143.9
-41.4
555.0
569.9
-14.9
-226.0
-169.5
-56.5
6.5
-125.7
-24.5
192.6
17.7
6.6
0.0
192.9
158.6
34.3
0.0
0.0
-58.7
29.5
4.5
2.4
-129.6
520.2
0.8
654.2
397.8
256.4
-89.1
-88.1
-0.9
16.0
-39.4
-22.4
152.1
17.8
19.4
0.0
524.8
236.2
288.6
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
357.6
1028.0
1075.2
-235.2
-64.0
828.3
39
-14.1
40.8
113.0
38.6
64.5
14.5
-2.9
4.7
12.7
-4.6
-0.0
186.7
6.3
0.0
24.9
1.3
-2.2
36.2
-10.4
-2.4
87.2
332.6
98.4
227.8
13.8
-0.7
3.8
10.7
-7.4
-0.1
137.3
6.2
0.0
467.0
2.0
-0.0
244.9
220.1
0.1
256.0
170.3
-69.3
218.7
24.1
-0.0
8.3
15.8
-3.3
0.1
147.8
12.4
0.0
488.6
1.7
23.9
414.0
49.0
4.8
-394.3
-226.2
-71.0
-158.8
5.1
0.7
2.8
1.6
-1.5
0.0
-38.5
-9.9
0.0
428.9
1.4
529.8
329.1
-431.3
52.3
-106.1
211.7
59.4
163.2
-11.2
0.6
-5.1
-6.6
0.3
0.0
63.6
7.4
0.0
-292.9
1.7
-543.3
303.6
-54.8
1.8
71.7
88.2
-2.7
72.8
17.9
1.1
11.8
4.9
0.2
0.0
79.1
27.8
0.0
559.8
2.3
-10.1
351.4
216.2
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
13.9
-6.9
98.3
-63.0
132.2
225.7
59
-722.7
97.1
115.0
-740.5
-769.3
72.4
101.5
-798.4
-713.1
123.3
126.2
-716.0
-709.7
169.2
138.4
-679.0
-391.5
152.3
138.2
-377.4
-516.9
189.4
151.6
-479.2
60
61
62
63
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
Monetary gold (3)

SDR allocations
Net interbank assets
U.S. checkable deposits and currency
U.S. time deposits
Security RPs (net)
Open market paper
Treasury securities
Official
Private
Official
Private
U.S. corporate bonds (4)
Loans to U.S. corporate business
U.S. corporate equities
Mutual fund shares
Trade receivables
Security credit
Foreign direct investment in U.S. (5)
Other
U.S. private deposits
Commercial paper
Bonds
Bank loans n.e.c.
Official
Banks
Other
Acceptance liabilities to banks
Foreign corporate equities (6)
Trade payables
Security debt
U.S. equity in IBRD, etc.
Nonofficial foreign currencies
U.S. direct investment abroad (4,5)
Other
Discrepancy (FOF basis) (7)
Memo:
Net U.S. exports, NIPA basis
+ Net U.S. income receipts (8)
- Current taxes and trans. payments to rest of world
= Balance on current account, NIPAs

(2) Line 1 minus line 5 minus line 8; equals net lending or net borrowing (-), NIPAs, with the sign reversed. Also equal to line 63 with the sign reversed minus line 8.
(3) U.S. net sales, sign reversed.
(4) Through 1992:Q4, corporate bonds include net issues by Netherlands Antillean financial subsidiaries; U.S. direct investment abroad excludes net inflows from those bond issues.
(5) Direct investment is valued on a current-cost basis. Excludes capital gains and losses.
(6) Includes American Depositary Receipts (ADRs).
(7) Balance of payments discrepancy adjusted to NIPA concepts.
(8) Consists of net receipts from foreigners of interest, corporate profits, and employee compensation. Equals difference between GNP and GDP.
16
FFA, 2005-2010, September 16, 2011
F.108 Financial Business (1)

Billions of dollars
2005
2006
2007
2008
2009
2010
Gross saving less net capital transfers paid
269.7
292.5
208.1
81.7
322.2
298.1
Gross investment
446.6
446.5
288.1
-68.4
275.9
80.8
3
4
5
Fixed residential investment
Fixed nonresidential investment
157.7
2.5
155.3
166.2
3.5
162.7
178.2
-9.3
187.5
195.1
0.1
195.0
168.0
-0.1
168.1
186.4
4.7
181.7
3
4
5
288.9
280.3
109.9
-263.4
107.9
-105.6
Net acqisition of financial assets
3347.0
4033.8
4763.5
4511.2
-1696.6
-744.7
0.3
0.0
0.1
16.2
3.5
0.3
0.0
1.7
-10.6
0.1
0.5
0.0
0.5
43.2
54.2
0.6
0.0
-0.0
2.0
1351.5
0.3
3.0
4.0
-32.2
-349.5
0.3
0.0
0.9
8.7
-106.9
8
9
10
11
12
-50.5
19.9
34.7
145.3
54.3
16.8
57.9
81.9
34.2
85.6
336.2
269.2
56.1
117.3
307.5
-66.2
-29.4
198.0
-182.9
-121.0
-30.5
-100.1
-194.6
-2.3
13
14
15
16
8
9
10
11
12

SDR certificates
Treasury currency
Foreign deposits
13
14
15
16

Federal funds and security RPs
17
2376.2
2854.0
3055.7
2348.1
-843.2
-279.9
17
18
19
20
21
22
Open market paper

Treasury securities
191.5
48.4
-186.3
112.6
407.2
222.1
87.4
134.2
123.4
499.8
-86.4
112.7
306.8
180.1
584.3
33.2
435.9
857.0
51.7
7.1
-395.3
444.6
605.7
15.3
210.5
-97.4
556.8
-18.7
28.6
257.2
18
19
20
21
22
23
24
25
26
Bank loans n.e.c.

Mortgages
Consumer credit
167.8
132.1
1406.7
96.3
126.9
166.4
1398.3
95.6
335.1
424.7
1066.9
131.6
693.7
152.6
91.9
25.0
-774.6
-472.4
-289.3
-187.6
-105.4
-225.1
-493.8
-182.1
23
24
25
26
27
28
Corporate equities
Mutual fund shares
236.4
52.2
124.3
102.6
166.3
117.2
-8.9
24.7
51.4
101.4
-2.1
73.9
27
28
29
30
31
Trade receivables
Security credit
-0.4
3.3
509.9
13.4
131.1
605.9
1.8
65.7
533.3
-14.9
-274.2
667.6
-38.0
-21.8
-436.8
-8.6
97.9
-201.4
29
30
31
3058.1
3753.5
4653.6
4774.6
-1804.5
-639.1
32
32
33
-12.4
-11.3
-97.5
1801.9
-609.1
-185.7
33
34
35
36
37

4.4
598.9
127.0
315.2
-19.9
608.2
305.3
403.2
36.7
599.9
720.9
8.1
568.4
334.2
724.2
-889.5
-7.9
375.4
-499.0
207.8
266.3
116.1
-502.9
-201.3
34
35
36
37
38
1115.1
1296.4
1798.9
902.0
-1844.1
-986.3
38
214.2
80.4
743.2
196.3
328.2
806.4
-111.4
905.7
703.2
-125.6
768.7
-277.3
-448.2
-60.1
-589.1
-101.7
-46.9
-609.6
39
40
41
18.8
44.4
14.1
-62.3
21.2
6.6
70.9
225.8
4.7
496.1
33.3
6.8
-467.5
-282.6
3.4
-90.2
-144.7
6.9
42
43
44
78.5
260.2
59.5
336.8
178.6
364.7
637.6
31.0
313.9
490.5
190.1
385.5
45
46
7.0
31.8
5.2
151.8
-2.4
243.0
-24.7
-237.3
48.9
-134.0
-52.0
48.4
47
48
39
40
41
Open market paper

42
43
44
Bank loans n.e.c.

Mortgages
45
46
Corporate equities
Mutual fund shares
47
48
Trade payables
Security credit
49
50

14.9
275.7
64.1
250.9
33.0
201.1
66.0
125.7
25.4
135.4
16.4
224.9
49
50
51
52
53
Taxes payable
-11.6
-1.2
254.6
14.3
-6.8
295.8
-23.5
2.4
589.9
-133.6
11.5
857.2
6.1
-3.6
-310.2
13.0
0.4
28.0
51
52
53
-176.9
-154.0
-80.0
150.0
46.3
217.3
54
54
Discrepancy
(1) Sum of financial sectors shown on tables F.109 through F.130.
FFA, 2005-2010, September 16, 2011
17
F.109 Monetary Authority (1)

Billions of dollars
2005
2006
2007
2008
2009
2010
Gross saving
5.1
4.7
1.2
3.0
-0.7
-8.5
0.5
0.7
0.8
0.6
0.7
0.7
37.4
29.6
43.1
1319.3
-3.4
186.0
0.3
0.0
0.1
0.3
0.0
1.7
0.5
0.0
0.5
0.6
0.0
-0.0
0.3
3.0
4.0
0.3
0.0
0.9
4
5
6
-0.0
-1.2
0.3
-1.5
-0.6
0.7
0.0
0.0
0.0
-0.0
-0.0
0.0
48.6
48.6
0.0
511.1
495.4
15.7
-463.1
-447.4
-15.7
-96.4
-96.4
0.0
8
9
10
4
5
6

SDR certificates
Treasury currency
Federal Reserve float
8
9
10
Federal Reserve loans to domestic banks

Discount window (2)
AMLF (3)
11
Security RPs
13.8
-6.0
5.8
33.5
-80.0
0.0
11
12
26.4
34.7
-38.3
245.4
1001.6
271.5
12
0.0
26.4
0.0
0.0
34.7
0.0
0.0
-38.3
0.0
0.0
-264.7
19.7
0.0
300.7
1048.5
0.0
244.9
71.4
13
14
15
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
490.4
0.0
0.0
45.5
29.1
38.9
19.5
24.4
333.0
-347.6
47.5
0.0
-45.5
0.1
-16.7
-3.5
-5.9
-323.6
-44.8
-22.8
0.0
0.0
-3.4
-2.2
-2.5
-4.4
-9.4
16
17
18
19
20
21
22
23
24
0.0
-3.2
0.0
-3.2
0.0
0.1
0.0
0.1
0.0
25.8
24.0
1.8
0.0
530.2
529.7
0.5
25.1
-493.8
-543.5
49.6
1.3
7.8
-10.2
18.0
25
26
27
28
36.1
27.2
39.9
1316.7
-8.0
185.1
29
13
14
15
Open market paper

Treasury securities
16
17
18
19
20
21
22
23
24
Bank loans n.e.c.

Households (TALF) (4)
Rest of world
Brokers and dealers (5)
Funding corporations (Maiden Lane) (6)
Funding corporations (AIG)
Funding corporations (Maiden Lane II) (7)
Funding corporations (Maiden Lane III) (8)
Funding corporations (CPFF) (9)
25
26
27
28
29

Nonofficial foreign currencies (11)
Other
30
31
Depository institution reserves

Vault cash of commercial banks
-5.0
8.6
-0.3
1.6
2.1
3.3
839.2
2.7
117.0
-2.8
-8.9
-2.2
30
31
32
30.1
23.5
17.8
428.2
-117.6
185.0
32
33
34
35
36
Due to federal government

Treasury cash holdings
Treasury general deposit account
Treasury temporary supplementary financing account
-1.4
-0.1
-1.3
0.0
0.2
0.1
0.1
0.0
11.4
0.0
11.4
0.0
349.3
0.0
90.0
259.3
-173.8
-0.0
80.5
-254.3
149.0
-0.1
-45.9
195.0
33
34
35
36
37
38
39
Due to rest of the world

Due to government-sponsored enterprises
Currency outside banks
0.0
0.9
30.6
0.0
-1.2
24.5
-0.0
0.9
5.5
1.3
19.4
58.2
1.0
14.0
41.2
0.9
-21.6
56.7
37
38
39
-0.3
-0.9
14.4
44.4
-10.6
-18.0
40
2.8
1.6
1.1
3.2
1.8
1.4
2.5
3.1
-0.7
2.2
2.6
-0.5
6.1
4.6
1.5
29.2
0.9
28.3
41
42
43
3.4
1.6
-2.8
-0.2
-6.0
-10.1
44
40
Security RPs
41
42
43
Federal Reserve Bank stock
Other
44
Discrepancy
(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 domestic banks through term auction credit, primary credit, secondary credit, and seasonal credit.
(3) Loans extended to domestic banks through the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF).
(4) Loans extended to financial institutions such as domestic hedge funds through the Term Asset-Backed Securities Loan Facility (TALF).
(5) Loans extended through the Federal Reserves Primary Dealer Credit Facility (PDCF) and AMLF.
(6) Loan extended by the Federal Reserve to Maiden Lane LLC to facilitate the arrangements associated with JPMorgan Chase & Co.s acquisition of Bear Stearns Companies, Inc.
(7) Loan extended by the Federal Reserve to Maiden Lane II LLC to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of AIG subsidiaries.
(8) Loan extended by the Federal Reserve to Maiden Lane III LLC to purchase CDOs on which AIG has written credit default swap contracts.
(9) Loan extended by the Federal Reserve to Commercial Paper Funding Facility LLC.
(10) 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.
(11) Reciprocal currency arrangements (swap lines) with foreign central banks.
18
FFA, 2005-2010, September 16, 2011
F.110 U.S.-Chartered Commercial Banks

Billions of dollars
2005
2006
2007
2008
2009
2010
-3.5
-22.4
-45.1
3.3
86.1
41.6
-2.1
-0.8
-1.5
23.8
22.0
21.9
597.3
711.6
613.8
1245.3
-81.9
-355.1
Vault cash and reserves at Federal Reserve
Total bank credit
6
7
8
9
10
11
12
13
Open market paper

Treasury securities
Residential mortgage pass-through securities
Commercial mortgage pass-through securities
Residential CMOs and other structured MBS
Commercial CMOs and other structured MBS
Other
14
15
16
17
18
19
20
Private residential mortgage pass-through securities
Private commercial mortgage pass-through securities
Private residential CMOs and other structured MBS
Private commercial CMOs and other structured MBS
Other
21
22
23
24
Bank loans n.e.c.

Mortgages
Consumer credit
Security credit
25
26
Corporate equities
Mutual fund shares
27
28
29
Customers liab. on acceptances (2)

3.9
2.3
4.4
562.9
44.4
-91.2
498.4
685.4
570.3
547.6
-154.4
-196.4
0.0
-10.1
-3.3
-2.7
0.0
-4.4
0.0
3.8
0.0
-2.2
47.5
68.8
0.0
-5.1
0.0
-16.1
0.0
11.1
-111.4
-54.9
0.0
-4.4
0.0
-52.0
15.7
-19.6
139.7
152.0
0.0
14.3
0.0
-26.6
-15.7
64.3
148.4
-0.5
0.1
59.9
0.1
89.0
0.0
93.9
87.1
-14.7
-0.2
117.3
-0.3
-14.9
6
7
8
9
10
11
12
13
16.7
47.0
5.1
0.0
38.2
0.0
3.8
21.7
59.1
8.8
0.0
12.7
0.0
37.6
12.0
101.7
15.5
0.0
64.8
0.0
21.4
23.2
-30.4
-24.4
0.0
-1.5
0.0
-4.5
1.0
49.9
9.2
1.1
-20.8
-3.7
64.2
28.4
-88.2
-9.3
-6.5
-64.5
-1.3
-6.6
14
15
16
17
18
19
20
98.7
354.8
2.8
-6.6
62.9
436.8
34.2
20.9
233.7
225.7
62.9
29.3
137.9
190.0
74.5
12.8
-298.1
-16.1
-50.6
-59.2
-45.4
-186.5
-73.7
-5.8
21
22
23
24
0.1
-1.8
0.7
3.9
1.6
3.6
2.4
1.3
6.8
14.8
-0.5
-5.8
25
26
-0.0
95.0
0.0
23.9
0.0
39.1
0.0
134.8
0.0
28.1
0.0
-67.5
27
28
474.9
573.0
521.1
1232.7
92.2
-233.7
29
16.6
-0.0
0.0
0.5
16.1
71.1
-1.2
-0.0
-38.1
110.5
139.0
0.3
48.6
32.2
58.0
789.0
-1.5
511.1
113.4
166.1
-562.8
-0.6
-463.1
-4.9
-94.2
-246.3
0.7
-96.4
-62.4
-88.1
30
31
32
33
34
30
31
32
33
34

Borrowing from Federal Reserve banks
To domestic banking
To foreign banks
35
36
37
38
Checkable deposits
Federal government
Rest of the world
Private domestic
-36.8
7.0
6.2
-49.9
-36.6
-5.9
9.4
-40.1
9.0
14.9
5.0
-10.9
140.8
-39.5
31.2
149.1
80.9
0.3
-28.7
109.3
70.3
-0.1
-3.8
74.3
35
36
37
38
39
40
41

Large time deposits
Federal funds and security RPs (net)
262.9
166.8
57.0
277.8
129.9
21.4
255.0
23.1
-36.1
540.2
24.6
-259.0
382.9
-174.0
244.9
276.9
-150.1
-190.9
39
40
41
42
43
44
45
46
Open market paper

Corporate bonds
Corporate equity issues
Taxes payable (net)
-0.0
12.5
24.4
6.2
-7.9
0.0
27.5
80.0
9.3
-1.1
0.0
25.1
106.7
4.3
-13.6
0.0
8.0
71.0
10.4
-85.7
0.0
-28.3
-124.2
10.1
7.1
-19.7
10.3
-124.1
11.4
6.9
42
43
44
45
46
47
48
49
Investment by bank holding companies
Other
-26.8
40.0
-66.8
-6.4
114.1
-120.5
8.6
130.7
-122.2
-6.7
46.6
-53.3
255.5
106.9
148.6
121.5
-46.7
168.2
47
48
49
-123.7
-160.2
-136.2
-33.1
238.1
141.0
50
506.6
0.0
660.0
0.0
535.7
-1.8
531.1
-1.7
-116.8
-2.6
-184.3
-0.8
51
52
50
Discrepancy
Memo:
51
52
Credit market funds advanced (3)

Consumer leases not included above (4)
(2) Included in other loans and advances (table F.216).
(3) Total bank credit (line 5) less security credit (line 20) less corporate equities (line 21) less mutual fund shares (line 22) plus customers liability on acceptances (line 23).
(4) 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 flows are included in line 1, and fixed investment flows are included in line 2.
FFA, 2005-2010, September 16, 2011
19
F.111 Foreign Banking Offices in U.S. (1)

Billions of dollars
2005
2006
2007
2008
2009
2010
Gross saving
3.5
3.3
3.6
2.5
2.5
2.6
3.9
4.2
4.1
2.9
2.7
2.6
153.9
10.1
219.8
576.8
-357.3
68.4
Reserves at Federal Reserve
Total bank credit
0.2
-0.3
0.4
238.0
45.1
66.7
185.9
154.6
204.6
-25.4
-281.8
-1.0
6
7
8
9
10
Open market paper

Treasury securities
0.0
0.1
-0.9
0.0
80.6
0.0
-1.0
4.2
0.0
29.8
0.0
3.6
2.0
0.0
77.0
0.0
5.1
-6.6
0.0
32.1
0.0
25.9
-18.4
0.0
-156.7
0.0
4.7
-4.7
0.0
-11.0
6
7
8
9
10
11
12
13
Bank loans n.e.c.

Mortgages
Security credit
60.7
4.0
41.4
67.1
4.1
50.6
105.0
14.1
3.0
65.1
5.2
-126.3
-125.4
-6.4
-0.8
-16.1
-2.5
28.5
11
12
13
14
Corporate equities
0.0
0.0
0.0
0.0
0.0
0.1
14
0.1
-32.2
-0.3
-143.9
0.0
14.7
-0.2
364.4
0.0
-120.7
0.0
2.7
15
16
154.6
9.8
222.9
572.1
-355.9
69.6
17
15
16

17
18
19
20

To foreign banks
To domestic banks
-6.0
-8.8
2.8
-71.3
-78.6
7.2
-191.1
-169.4
-21.7
240.5
244.7
-4.3
-158.9
-176.3
17.5
47.3
40.0
7.3
18
19
20
21
22
23
Checkable deposits
Large time deposits
0.5
0.5
71.4
-0.0
8.6
132.8
2.6
6.9
273.4
1.7
0.1
-123.2
2.6
4.4
173.9
5.7
5.8
-49.6
21
22
23
24
25

Acceptance liabilities
33.4
0.0
49.0
-0.3
-13.6
0.0
-96.3
-0.2
40.3
0.0
52.9
0.0
24
25
26
27
28
29
Due to affiliates
Other
54.6
9.4
21.0
24.2
-109.0
13.8
8.6
-131.3
144.8
-0.8
43.7
101.9
549.5
24.8
35.6
489.1
-418.2
15.3
-73.5
-360.0
7.5
7.5
-31.5
31.5
26
27
28
29
0.2
-1.2
2.6
-5.1
1.3
1.1
30
144.5
103.7
201.7
100.7
-281.0
-29.5
31
30
Discrepancy
Memo:
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) Included in other loans and advances (table F.216).
(3) Total bank credit (line 5) less security credit (line 13) less corporate equities (line 14) plus customers liability on acceptances (line 15).
20
FFA, 2005-2010, September 16, 2011
F.112 Bank Holding Companies

Billions of dollars
2005
2006
2007
2008
2009
2010
Gross saving
111.6
115.3
109.8
80.5
96.8
108.2
29.4
29.3
39.5
52.2
54.1
55.1
94.8
200.2
122.4
195.9
41.2
-38.1
4
5
6
7
8
9
10
11
12

Treasury securities
Bank loans n.e.c.
Investment in bank subsidiaries
Investment in nonbank subsidiaries
Other
-4.2
3.3
23.2
13.9
-16.0
22.1
-0.9
-2.3
-3.7
2.7
1.4
-0.0
4.9
-2.9
4.6
-1.3
19.2
0.7
-4.0
15.9
-0.0
2.0
2.7
-7.0
-8.4
-3.2
13.8
-3.2
7.3
4.3
5
6
7
8
99.0
40.0
42.7
16.2
196.8
114.1
46.3
36.5
99.2
130.7
-63.0
31.5
182.1
46.6
42.0
93.4
57.2
106.9
-91.4
41.7
-60.2
-46.7
-15.6
2.1
9
10
11
12
13
14.3
117.3
47.2
154.7
-11.3
-98.1
13
14
15
16

To domestic banks
To foreign banks
-26.5
-6.9
-19.6
-12.3
29.0
-41.3
-50.9
-8.7
-42.2
-69.5
-78.6
9.1
-1.6
21.9
-23.5
24.4
34.9
-10.6
14
15
16
17
-0.2
0.1
0.1
-0.4
-19.9
-1.8
17
18
19
20

Commercial paper
Corporate bonds
48.2
4.0
44.2
68.7
20.9
47.8
129.4
35.0
94.4
84.0
-39.0
123.0
-10.3
-18.1
7.8
-42.6
3.9
-46.5
18
19
20
21
22
23
24

Equity, etc.
Other
-20.0
12.8
48.4
-35.6
-19.8
80.6
-12.9
93.5
-28.0
-3.4
-65.3
61.9
321.4
-180.7
46.1
-226.8
68.6
-48.0
13.2
-61.2
19.8
-97.9
-44.3
-53.5
21
22
23
24
1.7
3.1
-4.9
-12.9
-9.8
-7.0
25
25
Discrepancy
F.113 Banks in U.S.-Affiliated Areas (1)

Billions of dollars
1
Gross saving
0.2
0.2
0.1
0.2
0.2
0.1
0.2
0.3
0.1
0.2
0.2
0.1
9.8
-1.2
-0.6
-2.3
-6.4
-15.6
-0.5
-0.1
-0.3
0.6
1.0
-0.9
10.2
-1.7
-6.4
-1.9
-2.8
-19.3
0.1
1.2
0.2
-0.5
-0.2
-5.8
0.8
-0.4
-1.9
-2.7
0.7
0.1
-0.6
-2.0
0.5
0.0
-0.7
-3.9
0.9
1.5
0.6
-7.7
-0.9
-1.4
6
7
8
9
5.6
0.7
2.9
-0.3
0.9
3.2
-4.2
4.3
-2.7
-1.7
1.4
0.4
-0.3
-0.3
-0.0
-3.3
-2.5
-4.0
10
11
12
0.1
0.6
6.1
-1.0
-4.5
4.5
13
9.3
-1.3
-7.7
-3.4
-1.1
-14.8
14
6
7
8
9
10
11
12
13
14
Treasury securities
Bank loans n.e.c.
Home mortgages
15
16
17
Checkable deposits
Large time deposits
-0.2
4.9
4.9
0.7
1.2
1.2
1.7
1.1
1.1
-1.1
1.1
1.1
1.4
-2.9
-2.9
0.5
-5.2
-5.2
15
16
17
18
-0.3
-4.4
-11.6
-4.5
3.3
-5.0
18
-0.5
-0.1
-7.1
-1.1
5.3
0.8
19
19
Discrepancy
(1) Commercial banks and branches of U.S.-chartered commercial banks located in Puerto Rico, the U.S. Virgin Islands, American Samoa, Guam, and other U.S.-affiliated insular areas.
FFA, 2005-2010, September 16, 2011
21
F.114 Savings Institutions (1)

Billions of dollars
2005
Gross saving
4
5
6
7

2006
2007
2008
2009
2010
10.3
6.7
11.1
19.2
6.1
4.0
3.7
4.2
3.9
3.3
2.7
2.5
140.9
-74.4
99.6
-290.4
-269.8
-12.4
-0.5
2.4
-0.5
-0.1
-0.7
-3.3
3.9
9.3
0.6
-0.5
3.3
27.3
36.4
-11.2
-1.6
-10.9
6.5
-4.2
7.0
-22.7
-0.7
-2.4
-0.0
-6.6
4
5
6
7
199.4
-78.0
63.0
-276.1
-249.6
6.6
9
10
11
12
13
14
15
16
Open market paper

Treasury securities
Other
0.0
4.0
55.8
25.6
0.0
7.4
0.0
22.9
0.0
4.5
-13.4
-16.3
0.0
2.8
0.0
0.1
0.0
-5.4
0.3
5.8
0.0
-1.5
0.0
-4.0
0.0
-4.1
-3.5
1.9
0.0
5.6
0.0
-11.0
0.0
3.8
19.6
-12.9
0.0
10.2
-0.0
22.3
0.0
-0.9
22.9
12.5
0.0
12.1
-0.0
-1.7
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
Private residential mortgage pass-through securities
Private commercial mortgage pass-through securities
Private residential CMOs and other structured MBS
Private commercial CMOs and other structured MBS
Other
1.5
21.0
-0.6
0.0
18.1
0.0
3.5
2.5
13.2
3.1
0.0
7.7
0.0
2.5
-0.1
49.5
-4.5
0.0
39.5
0.0
14.5
-3.3
-33.7
-1.4
0.0
-41.9
0.0
9.5
1.5
-24.0
-2.6
0.0
-30.8
-0.0
9.5
1.8
-10.5
-0.4
0.0
-6.1
-0.0
-4.1
17
18
19
20
21
22
23
24
25
26

Mortgages
Consumer credit
3.9
95.3
17.8
6.0
-77.2
-13.5
6.2
17.2
-4.8
6.4
-233.4
-4.5
-14.5
-227.3
-8.8
6.4
-18.5
5.3
24
25
26
-1.0
-58.8
-1.0
-4.5
-0.1
6.2
-1.5
-25.4
-0.5
-6.2
-1.3
-8.0
27
28
27
28
Corporate equities
29
126.4
-82.6
116.7
-251.8
-269.8
-22.5
29
30
31
32
33
Deposits
Checkable
Small time and savings
Large time
76.6
3.8
34.0
38.8
24.6
0.9
28.9
-5.2
13.2
4.5
27.6
-19.0
-156.0
-2.9
-59.6
-93.5
-53.3
13.1
89.4
-155.8
13.9
-0.8
-5.2
19.9
30
31
32
33
34
Security RPs
-2.3
-19.2
-24.1
-0.0
1.8
-6.0
34
35
36
37
38

Corporate bonds
Bank loans n.e.c.
22.5
1.0
5.2
16.2
-108.2
2.0
-44.5
-65.7
104.1
-0.3
13.3
91.1
-67.1
-8.0
13.0
-72.2
-169.6
-0.2
-29.8
-139.6
-29.0
-3.6
-1.2
-24.2
35
36
37
38
39
40
41
42
43
Corporate equities
Taxes payable
Investment by parent
Other
2.2
0.1
27.3
3.7
23.6
0.8
-0.4
19.7
0.6
19.1
3.3
-2.0
22.2
0.2
22.0
1.7
-0.3
-30.1
2.5
-32.6
1.5
0.3
-50.5
10.6
-61.1
0.5
-0.3
-1.6
-1.0
-0.6
39
40
41
42
43
-7.9
-5.8
24.3
54.4
3.4
-8.7
44
44
Discrepancy
(1) State-chartered savings banks, federal savings banks, cooperative banks, and savings and loan associations.
22
FFA, 2005-2010, September 16, 2011
F.115 Credit Unions

Billions of dollars
2005
2006
2007
2008
2009
2010
Gross saving
9.3
9.9
9.0
7.0
6.8
8.8
3.5
4.2
3.8
3.9
3.5
3.4
30.9
30.5
42.5
53.8
70.3
29.3
4
5
6
7

0.0
-2.0
-4.5
2.6
0.0
6.2
-4.9
-1.6
0.0
-1.1
-0.0
-2.6
4.7
-5.7
11.4
-4.8
18.1
1.4
9.5
2.4
14.1
-6.3
5.4
-0.1
4
5
6
7
36.2
30.1
35.3
40.0
33.1
13.3
9
10
11
12
Open market paper

Treasury securities
-0.0
-1.1
-6.8
-1.5
0.2
-0.3
-13.9
7.2
-0.5
3.0
-4.1
3.9
-0.4
-1.6
14.4
-8.9
0.0
5.3
27.9
-7.0
0.0
4.2
34.8
-18.6
9
10
11
12
13
14
15

Home mortgages
Consumer credit
1.0
31.3
13.2
0.9
30.1
5.9
0.0
31.8
1.2
2.7
33.2
0.5
2.7
3.2
1.0
0.8
2.8
-10.7
13
14
15
-1.0
-0.3
-0.1
0.8
-0.0
11.0
-0.0
8.4
-0.7
6.4
0.2
2.7
16
17
16
17
Mutual fund shares

18
27.5
26.0
39.5
54.5
72.6
25.6
18
19
20
21
22
Shares/deposits
Checkable
Large time
21.6
7.0
12.1
2.5
24.5
-8.5
30.5
2.5
31.7
1.1
25.8
4.8
45.1
1.6
43.0
0.5
72.0
11.6
43.4
17.0
34.4
5.5
26.2
2.7
19
20
21
22
23
24

3.3
2.6
4.2
-2.7
13.4
-5.6
8.3
1.1
-14.1
14.7
-0.4
-8.4
23
24
2.4
1.3
2.3
3.7
5.6
1.8
25
25
Discrepancy
F.116 Property-Casualty Insurance Companies

Billions of dollars
1
30.6
70.2
56.1
30.0
45.1
41.0
17.7
17.7
19.5
19.9
19.9
20.1
75.4
64.5
43.0
25.1
40.6
-15.6
4
5
6

Security RPs
-4.8
-0.7
0.6
8.9
0.7
-0.7
12.8
7.2
1.7
-14.8
12.1
0.8
-0.3
-3.2
0.1
5.0
-4.0
-0.7
4
5
6
72.8
44.8
5.3
-15.9
33.3
3.9
3.5
0.3
5.8
45.4
17.5
0.3
0.6
3.1
4.1
22.1
14.2
0.7
-3.1
-38.7
3.8
36.1
5.9
1.3
5.8
-5.6
-11.5
10.6
-15.4
0.2
-9.3
22.9
1.9
-12.6
30.8
-0.5
-1.9
3.2
-0.4
-21.0
24.3
-0.3
8
9
10
11
12
13
8
9
10
11
12
13
Open market paper

Treasury securities
14
15
Corporate equities
Mutual fund shares
-6.1
0.3
2.3
0.5
0.5
-0.5
35.1
-0.4
-2.4
0.1
-20.9
-0.1
14
15
16
17
Trade receivables
2.4
10.8
4.9
3.1
-1.6
17.6
1.3
6.8
-3.7
16.7
0.8
0.4
16
17
18
46.4
42.1
9.4
14.3
0.2
2.4
18
19
20
21
22
Security RPs
Taxes payable (net)
0.1
-2.8
-3.1
52.2
-0.1
-8.5
11.0
39.7
-0.7
-13.2
-2.4
25.8
1.9
0.4
-28.1
40.2
-1.7
-5.3
5.3
1.9
0.8
-12.7
5.6
8.7
19
20
21
22
-16.0
30.1
3.1
-0.6
-15.1
38.8
23
23
Discrepancy
FFA, 2005-2010, September 16, 2011
23
F.117 Life Insurance Companies

Billions of dollars
2005
2006
2007
2008
2009
2010
Gross saving
13.4
6.5
5.2
-44.8
16.4
28.2
12.5
13.1
14.1
14.4
14.3
14.5
185.3
225.0
240.5
167.1
115.3
189.9
4
5
6

Security RPs
-5.5
-3.7
-1.0
8.3
9.7
-0.1
2.3
-1.6
0.2
24.4
17.5
5.2
-32.1
-5.5
2.2
1.0
-12.7
0.7
4
5
6
116.2
67.5
84.8
11.6
139.8
151.6
8
9
10
Open market paper

Treasury securities
-3.0
13.5
11.4
4.3
-7.6
8.8
13.1
-17.3
5.5
-3.4
35.1
-16.7
11.5
27.7
5.8
-8.9
23.2
4.0
8
9
10
11
12
13
14
Mortgages
2.4
74.7
5.0
12.1
4.1
29.7
9.8
18.3
4.8
43.1
13.2
22.4
5.7
-45.5
20.3
16.3
26.1
97.6
-12.6
-16.3
39.2
102.8
-0.1
-8.6
11
12
13
14
15
16
Corporate equities
Mutual fund shares
65.9
-9.9
71.4
26.9
84.1
31.3
81.8
-10.7
33.4
0.0
45.6
1.0
15
16
17
23.4
41.3
39.5
37.2
-22.5
2.8
17
18
173.9
202.5
198.7
166.9
30.9
168.1
18
19
20
21
22
23
Security RPs
Pension fund reserves (1)
7.4
-8.0
0.4
14.9
142.1
0.3
-20.0
2.7
64.1
100.5
-1.1
-30.6
14.5
33.0
118.6
-7.3
-10.7
26.2
66.0
65.5
-0.5
-0.9
-6.6
25.4
25.1
-2.2
-4.8
-3.2
16.4
104.2
19
20
21
22
23
24
25
Taxes payable (net)

-2.6
19.5
4.0
50.9
-3.4
67.6
-19.7
46.8
-7.0
-4.6
2.6
55.1
24
25
-10.6
-29.1
-50.7
-59.4
-82.4
-8.2
26
26
Discrepancy
(1) Annuity reserves held by life insurance companies, excluding unallocated contracts held by private pension funds, which are included in miscellaneous liabilities (line 25).
F.118 Private Pension Funds (1)

Billions of dollars
1
Gross saving
0.3
0.3
0.3
0.4
0.5
0.5
0.8
0.7
1.0
0.8
0.6
0.5
72.4
53.5
31.7
-36.8
60.0
77.2
4
5
6
7

Security RPs
0.3
6.3
1.9
1.0
0.4
0.8
3.4
0.8
0.6
4.6
3.4
3.4
0.5
0.3
2.3
7.3
4.2
4.7
0.6
3.1
11.5
4.4
-0.1
0.9
4
5
6
7
45.3
58.4
102.5
90.6
111.6
108.0
9
10
11
Open market paper

Treasury securities
3.0
3.5
16.8
0.2
14.3
16.6
-4.8
38.7
28.2
10.2
15.4
21.3
-10.5
125.8
-49.0
-11.7
176.0
-98.1
9
10
11
12
13

Mortgages
22.2
-0.2
27.7
-0.3
39.8
0.7
42.7
0.9
42.8
2.6
40.6
1.3
12
13
14
15
Corporate equities
Mutual fund shares
-42.0
70.0
-86.5
74.9
-188.3
88.1
-184.6
35.5
-175.6
89.8
-111.1
82.4
14
15
16
17
18
19
Unallocated insurance contracts (2)
Contributions receivable
Other
-10.4
-1.4
-1.9
-7.1
1.3
-1.5
-2.0
4.8
17.5
26.3
4.4
-13.2
11.3
38.2
0.7
-27.6
21.6
10.1
2.5
9.0
-18.8
-4.4
-1.2
-13.2
16
17
18
19
20
Pension fund reserves (liabilities) (3)
72.9
53.9
32.3
-36.4
60.1
77.3
20
(1) Private defined benefit plans and defined contribution plans (including 401(k) type plans).
(2) Assets of private pension plans held at life insurance companies (e.g., GICs, variable annuities); series begins 1985:Q4.
(3) Equal to the net acquisition of nonfinancial and financial assets less gross saving (line 2 + line 3 - line 1). These liabilities are assets of the household sector.
24
FFA, 2005-2010, September 16, 2011
F.119 State and Local Government Employee Retirement Funds

Billions of dollars
2005
2006
2007
2008
2009
2010
Gross saving
0.3
0.4
0.6
0.7
0.8
0.8
0.9
1.0
2.1
1.4
0.9
0.7
5.4
45.5
0.8
17.0
-28.2
-38.5
4
5
6
7

Security RPs
-0.4
-0.1
0.1
-0.6
-2.7
-0.5
2.1
4.5
4.8
-0.1
-1.4
-2.5
-0.2
-0.0
1.9
1.8
-0.0
-0.0
-0.0
-0.0
-0.5
-0.0
-0.4
-0.6
4
5
6
7
18.1
114.6
12.3
13.3
-8.8
-8.2
9
10
11
Open market paper

Treasury securities
0.1
2.8
-0.4
7.6
2.4
49.4
-4.4
-14.6
23.3
-12.5
4.8
6.3
-2.0
28.1
-30.5
-1.6
11.1
-21.7
9
10
11
12
13
14
Mortgages
-0.2
14.5
1.3
1.6
55.5
-2.0
-0.8
13.6
-4.7
-1.0
15.9
-0.3
0.0
-4.3
-0.1
0.1
3.8
0.1
12
13
14
15
16
Corporate equities
Mutual fund shares
-5.6
-5.5
-70.0
-3.4
-6.4
-5.2
1.2
-1.1
-17.3
-2.5
-25.8
-3.8
15
16
17
-0.6
1.0
-0.6
-0.0
0.5
0.7
17
6.0
46.1
2.3
17.7
-28.0
-38.5
18
81.9
18
(1) Equal to the net acquisition of nonfinancial and financial assets less gross saving (line 2 + line 3 - line 1). These liabilities are assets of the household sector.
F.120 Federal Government Retirement Funds (1)

Billions of dollars
1
2
3
4
5
6
7
8

Treasury securities
Corporate equities
Miscellaneous assets(2)
54.7
50.4
47.8
78.9
78.2
7.7
8.4
11.7
24.2
7.4
11.0
7.8
0.0
-0.0
8.3
0.1
-0.0
11.3
0.3
0.1
24.2
0.0
-0.1
6.8
0.6
0.1
10.1
0.7
0.2
3
4
5
7.0
40.0
6.3
35.8
2.7
33.3
-8.6
63.3
8.8
61.9
5.2
65.7
6
7
54.7
50.4
47.8
78.9
78.2
81.9
(1) Includes the Thrift Savings Plan, the National Railroad Retirement Investment Trust, and nonmarketable government securities held by federal government retirement funds.
(3) Liabilities of the sector are assets of the household sector.
FFA, 2005-2010, September 16, 2011
25
F.121 Money Market Mutual Funds (1)

Billions of dollars
2005
2006
2007
2008
2009
2010
127.0
305.3
720.9
724.2
-499.0
-502.9
2
3
4
5
Foreign deposits
Security RPs
16.2
-1.4
15.7
112.0
-10.6
7.5
23.7
48.7
43.2
-4.8
63.9
211.3
2.0
5.6
84.6
-63.5
-32.2
10.4
217.9
-62.5
8.7
-3.7
-105.2
-0.5
2
3
4
5
-5.5
86.3
-9.6
-107.4
23.0
2.2
220.0
116.1
-5.9
-28.7
33.5
105.1
375.6
66.3
95.5
104.5
100.7
8.5
738.6
-56.1
399.5
520.3
23.6
-148.8
-644.0
-108.0
-171.3
-213.2
-93.3
-58.1
-410.0
-116.3
-71.0
-140.1
-66.9
-15.7
6
7
8
9
10
11
6
7
8
9
10
11
12
13

Open market paper
Treasury securities
Net share issues (liabilities)
-10.0
15.9
31.8
-43.1
11.3
7.7
12
127.0
305.3
720.9
724.2
-499.0
-502.9
13
(1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance companies sector (table F.117).
F.122 Mutual Funds (1)

Billions of dollars
1
Gross saving
Security RPs
21.1
11.4
13.4
-5.7
-83.3
-103.6
260.2
336.8
364.7
31.0
490.5
385.5
2.8
17.4
-0.6
-7.4
28.6
-15.8
4
5
6
7
8
9
10

Open market paper
Treasury securities
124.1
2.9
6.6
20.8
17.4
65.9
10.5
184.9
17.4
5.0
15.7
32.7
104.3
9.8
271.1
-0.4
18.5
66.2
27.8
123.0
36.1
73.3
-62.5
8.7
27.3
17.4
69.9
12.4
380.7
28.6
67.6
46.4
90.6
146.2
1.3
374.3
-13.9
41.9
152.0
46.4
147.0
0.8
4
5
6
7
8
9
10
11
12
Corporate equities
129.6
3.7
131.3
3.3
91.3
2.8
-38.1
3.2
86.3
-5.1
39.1
-12.0
11
12
260.2
336.8
364.7
31.0
490.5
385.5
13
21.1
11.4
13.4
-5.7
-83.3
-103.6
14
13
14
Discrepancy
(1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance companies sector (table F.117).
F.123 Closed-End and Exchange-Traded Funds

Billions of dollars
Closed-end funds
1
2
3
4
5
6
7

Treasury securities
Corporate equities
20.6
8.0
17.6
-63.4
5.1
-0.6
2.2
0.3
0.2
1.7
18.4
6.0
0.2
0.0
5.7
2.0
-0.9
-1.7
1.9
-1.0
18.4
-41.1
-2.4
-13.3
-25.3
-22.3
9.4
1.2
2.9
5.3
-4.2
4.2
0.7
-0.6
4.1
-4.8
2
3
4
5
6
20.6
8.0
17.6
-63.4
5.1
-0.6
56.7
74.0
150.5
177.2
116.5
117.8
6.8
4.8
0.0
1.9
50.0
5.7
3.4
0.0
2.4
68.3
13.3
6.6
0.6
6.2
137.2
23.0
7.4
1.7
13.9
154.2
46.0
14.7
3.6
27.6
70.5
29.7
9.2
1.7
18.7
88.2
9
10
11
12
13
56.7
74.0
150.5
177.2
116.5
117.8
14
8
9
10
11
12
13
14

Treasury securities
Corporate equities
26
FFA, 2005-2010, September 16, 2011
F.124 Government-Sponsored Enterprises (1)

Billions of dollars
2005
2006
2007
2008
2009
2010
Gross saving
4.2
4.1
4.8
6.7
9.7
10.7
0.7
0.8
1.3
1.7
1.0
3.1
-63.5
53.5
301.4
233.7
-360.7
-314.0
4
5
6

-24.5
12.1
14.1
1.8
-1.5
9.7
-2.7
12.8
25.3
39.7
21.9
-28.2
11.1
-42.8
7.6
-36.0
0.3
20.6
4
5
6
-69.1
46.6
239.0
242.9
-337.8
-328.2
8.0
0.2
-135.4
18.5
1.2
-37.1
-4.7
1.3
-11.1
14.1
1.2
207.0
3.0
5.1
-27.4
0.2
33.3
-85.1
8
9
10
8
9
10
Open market paper

Treasury securities
11
12
-4.9
50.9
-3.6
16.1
-2.8
-17.4
-2.0
-77.7
-2.2
-33.8
-4.2
-16.9
11
12
13
14
15
16

Sallie Mae
Farm Credit System
FHLB loans
52.4
0.0
8.1
44.4
33.1
0.0
11.9
21.2
237.7
0.0
11.9
225.8
38.1
0.0
4.8
33.3
-284.8
0.0
-0.2
-284.6
-144.7
0.0
7.2
-151.9
13
14
15
16
17
18
19
20
21
22
23
24
25
Mortgages
Home
Consolidated trusts (2)
Other
Other
Farm
Consumer credit (3)
-40.2
-54.7
0.0
-54.7
10.5
0.0
10.5
4.0
0.0
18.4
3.7
0.0
3.7
12.4
0.0
12.4
2.2
0.0
35.9
-9.7
0.0
-9.7
42.3
0.0
42.3
3.3
0.0
62.2
8.8
0.0
8.8
42.5
0.0
42.5
10.9
0.0
2.4
-11.3
0.0
-11.3
14.2
0.0
14.2
-0.5
0.0
-110.8
-117.3
-232.5
115.1
2.0
25.3
-23.3
4.6
0.0
17
18
19
20
21
22
23
24
25
4.0
-3.2
27.0
-42.6
1.2
29.3
26
-81.7
48.3
325.6
336.4
-317.1
-263.8
27
-84.0
-84.0
0.0
-84.0
0.0
35.6
35.6
0.0
35.6
0.0
282.4
282.4
0.0
282.4
0.0
271.7
271.7
0.0
271.7
0.0
-475.3
-475.3
0.0
-475.3
0.0
-233.8
-233.8
-207.2
-26.5
0.0
28
29
30
31
32
4.2
1.1
25.5
27.6
96.0
38.1
33
-1.9
11.6
17.7
37.1
62.2
-68.1
34
-14.8
-1.9
27.7
107.8
52.2
57.7
35
26
27
28
29
30
31
32

GSE issues (4)
Other
33
Corporate equities
34
35
Discrepancy
(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 (table F.125) are consolidated on
Fannie Maes and Freddie Macs balance sheets.
(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) Sallie Mae student loans.
(4) Such issues are classified as agency- and GSE-backed securities.
F.125 Agency- and GSE-Backed Mortgage Pools (1)

Billions of dollars
1
164.5
292.6
623.3
497.0
415.3
186.9
2
3
4
5
Home mortgages
Farm mortgages
169.0
-4.5
0.0
-0.1
302.8
-12.5
0.0
2.3
622.6
-0.7
0.0
1.4
492.2
4.6
0.0
0.1
402.5
13.0
0.0
-0.2
175.8
11.3
0.0
-0.2
2
3
4
5
164.5
292.6
623.3
497.0
415.3
186.9
Net increase in pool securities (liabilities)(2)
(1) GNMA, Fannie Mae, Freddie Mac, Farmer Mac, and Farmers Home Administration pools. Beginning 2010:Q1, almost all Fannie Mae and Freddie Mac mortgage pools are consolidated on
Fannie Maes and Freddie Macs balance sheets (table F.124). 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.
FFA, 2005-2010, September 16, 2011
27
F.126 Issuers of Asset-Backed Securities (ABS)

Billions of dollars
2005
2006
2007
2008
2009
2010
Gross saving
0.8
0.7
0.6
0.5
0.4
0.4
0.2
0.1
0.1
0.1
0.1
0.1
730.3
808.1
344.8
-407.5
-739.8
-532.7
Treasury securities
Agency- and GSE-backed securities (1)
19.7
-31.2
20.2
28.7
24.8
65.0
29.3
27.4
88.6
-13.6
-28.0
37.9
-18.3
-227.6
-51.1
-13.8
-107.7
-56.8
4
5
6
7
8
9
10
Mortgages (2)
Home
Commercial
686.0
574.1
16.6
95.3
630.0
517.3
14.0
98.7
173.4
35.0
20.6
117.8
-350.4
-310.7
-10.8
-28.9
-367.2
-320.0
-5.8
-41.4
-288.2
-239.5
-8.7
-40.1
7
8
9
10
11
12
Consumer credit
Trade credit
38.4
-2.8
51.2
8.5
22.6
3.4
-37.3
-16.1
-41.3
-34.3
-56.8
-9.5
11
12
4
5
6
13
729.6
807.6
344.3
-408.0
-740.1
-533.0
13
14
15
Commercial paper
Corporate bonds (net) (5)
148.3
581.3
162.9
644.6
-194.2
538.5
-83.9
-324.1
-266.2
-473.9
-40.3
-492.7
14
15
0.0
0.0
0.0
0.0
0.0
0.0
16
-0.6
17.3
-0.5
2.8
-0.5
-17.9
-0.4
-46.7
-0.4
-25.3
-0.3
-4.6
17
18
16
Discrepancy
17
18
Memo:
Securitized assets not included above
Consumer leases (3)
REIT assets (4)
(1) Agency- and GSE-backed mortgage pool securities backing privately issued CMOs.
(2) Mortgages backing privately issued pool securities and privately issued CMOs.
The leased automobile is a nonfinancial asset; depreciation flows are included in line 1, and fixed investment flows are included in line 2.
(4) Included in table F.128.
(5) Net issuance less net acquisition of corporate bonds held as assets.
F.127 Finance Companies (1)

Billions of dollars
1
Gross saving
68.5
69.3
76.1
88.4
92.4
111.5
60.2
60.9
61.9
42.5
16.5
29.0
99.0
34.3
19.9
-59.5
-189.2
-164.3
4
5

-8.9
-9.1
-1.6
-4.8
0.4
1.2
0.3
0.8
0.5
1.6
-1.7
-5.0
4
5
64.7
-52.5
27.6
65.4
24.2
71.0
-18.7
18.9
53.0
17.8
16.6
4.5
24.9
-62.5
49.7
-72.3
3.0
16.9
-84.0
-8.3
-223.3
6.3
-91.0
-50.5
-88.0
-141.7
-19.6
-19.0
-56.9
-46.2
6
7
8
9
10
52.2
-30.2
1.7
11.8
31.9
-15.9
11
63.5
48.5
26.5
-69.1
-250.2
-185.5
12
33.5
-15.3
43.6
5.2
0.0
34.8
5.3
42.4
-12.9
0.0
34.9
-15.1
-2.8
52.8
0.0
-79.4
-22.6
-49.6
-7.1
0.0
-156.2
-38.8
-87.0
-30.4
0.0
-173.9
1.7
-110.7
-64.9
0.0
13
14
15
16
17
1.9
28.2
6.3
25.5
-3.7
0.0
13.7
5.2
26.2
-17.8
-1.5
-6.9
-5.6
-13.4
12.0
-0.1
10.4
12.2
-8.4
6.5
-2.8
-91.2
12.1
-32.6
-70.7
0.3
-11.8
2.4
-15.9
1.6
18
19
20
21
22
-27.1
22.6
20.8
36.3
14.9
61.3
23
11.2
20.6
16.9
-11.8
-25.7
-15.7
24
6
7
8
9
10
11
12

Mortgages
Consumer credit
13
14
15
16
17

Open market paper
Corporate bonds
Bank loans n.e.c.
18
19
20
21
22
Taxes payable
Other
23
Discrepancy
24
Memo:
(1) Includes retail captive finance companies and mortgage companies.

(2) See footnote (3), table F.126.
28
FFA, 2005-2010, September 16, 2011
F.128 Real Estate Investment Trusts (REITs)

Billions of dollars
2005
Gross saving
2
3

Multifamily residential investment
7
8
9
10
11
12
13
14
2006
2007
2008
2009
2010
-18.4
-10.7
-18.0
-11.6
7.1
7.3
8.8
2.5
7.8
3.5
11.2
-9.3
6.0
0.1
3.8
-0.1
2.6
4.7
2
3
54.2
38.7
-26.1
-67.9
-9.3
41.8
1.4
4.9
-1.8
1.8
7.9
-2.8
41.3
26.0
-19.9
-68.9
-8.7
37.1

-4.0
17.0
24.8
11.6
23.5
-30.2
0.7
-22.8
15.5
3.8
38.2
5.3
7
8
Mortgages
Home
Commercial
28.3
24.8
0.3
3.2
-10.4
-23.8
3.1
10.3
-13.2
-23.5
0.2
10.1
-46.9
-46.4
-0.9
0.4
-28.0
-21.7
-2.0
-4.3
-6.3
-3.7
-0.4
-2.3
9
10
11
12
11.6
7.8
-4.4
-0.8
-8.5
7.4
13
89.2
59.8
25.7
-56.1
-28.5
71.0
14
15
Security RPs
13.2
14.4
-6.2
-12.3
11.1
30.0
15
16
55.4
15.5
10.2
-53.8
-50.0
4.6
16
0.0
32.8
8.4
14.1
0.0
13.9
-5.0
6.6
0.0
0.7
4.8
4.7
0.0
-60.3
-0.3
6.8
0.0
-41.3
-12.1
3.4
0.0
-0.1
-2.2
6.9
17
18
19
20
16.1
4.5
22.2
7.7
17.1
4.6
12.8
-2.7
24.2
-13.8
28.2
8.2
21
22
5.3
-0.9
31.9
-5.8
-15.8
29.3
23
17.3
0.0
15.7
0.1
1.6
2.8
0.0
-9.8
0.3
12.3
-17.9
0.0
-20.2
-0.0
2.4
-46.7
0.0
-40.6
-0.0
-6.1
-25.3
0.0
-25.7
-0.0
0.4
-4.6
0.0
1.1
-0.0
-5.7
24
25
26
27
28
17
18
19
20
21
22
Open market paper

Corporate bonds
Bank loans n.e.c.
Mortgages
23
Discrepancy
24
25
26
27
28
Memo:
Securitized assets included above
Home mortgages
FFA, 2005-2010, September 16, 2011
29
F.129 Security Brokers and Dealers

Billions of dollars
2005
2006
2007
2008
2009
2010
Gross saving
12.4
22.5
-20.7
-98.5
35.4
44.6
14.4
18.4
25.7
21.3
25.1
24.6
282.2
614.7
350.3
-874.8
-133.0
-9.1
-6.4
82.3
12.2
-20.0
-6.3
10.9
77.7
7.7
20.1
-31.6
217.7
24.0
106.2
4.1
-2.4
37.0
8.0
39.8
19.8
-0.2
59.7
425.1
24.5
219.7
22.8
7.1
152.2
-0.7
27.3
11.1
25.4
33.4
47.3
15.1
-85.7
-21.4
250.6
-47.5
-11.4
-259.0
3.1
-28.5
-160.7
-615.1
-29.4
-192.1
-24.2
-67.6
-131.8
-3.3
47.5
-12.7
-4.6
38.1
54.9
6.2
32.2
-5.3
-28.5
38.9
4.6
33.2
-10.7
-18.5
75.2
-104.2
4
5
6
7
8
9
10
11
12
13
14
273.9
585.9
392.4
-683.2
-205.4
-6.3
15
206.7
0.1
0.1
0.0
3.3
7.0
31.8
-3.0
-6.6
41.4
-0.1
26.2
-2.6
115.1
-86.2
-1.2
338.3
6.4
6.4
0.0
-7.6
5.2
151.8
80.4
20.9
50.6
0.7
97.8
-5.1
62.3
40.6
-6.8
75.5
-4.0
-4.0
0.0
32.3
-2.4
243.0
210.8
29.3
3.0
-0.6
46.2
9.0
-36.1
73.4
2.4
-560.3
77.7
32.3
45.5
120.2
-24.7
-237.3
-123.8
12.8
-126.3
0.3
-70.7
55.8
65.8
-192.2
11.5
-57.5
-49.7
-4.2
-45.5
-32.4
48.9
-134.0
-74.1
-59.2
-0.8
3.2
19.8
3.5
-81.6
97.9
-3.6
-66.2
36.9
36.9
0.0
-11.1
-52.0
48.4
25.7
-5.8
28.5
-2.1
39.5
30.5
-15.7
24.7
0.4
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
-10.3
-24.7
-4.3
71.9
-62.1
22.9
32
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32

Open market paper
Treasury securities
Corporate equities
Security credit
Security RPs (net)
Corporate bonds
Trade payables
Security credit
Customer credit balances (HH)
From U.S.-chartered commercial banks
From foreign banking offices in U.S.
Taxes payable
Due to affiliates
Other
Discrepancy
(1) Loans extended through the Federal Reserves Primary Dealer Credit Facility (PDCF) and the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF).
F.130 Funding Corporations (1)

Billions of dollars
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23

Security RPs
Open market paper
Investment in foreign banking offices
Investment in brokers and dealers
Open market paper
Corporate bonds
Securities loaned (net)
Equity interest under PPIP
Other (net)
157.6
122.5
391.9
971.7
-451.7
-110.5
37.1
0.0
52.7
78.4
-29.4
3.6
0.0
67.9
21.0
46.9
41.9
0.0
49.5
53.1
-7.1
3.4
0.0
31.1
8.6
22.6
328.7
0.0
-54.3
-170.6
109.6
6.7
0.0
117.6
43.7
73.9
273.6
0.0
656.0
143.7
497.3
15.1
0.0
42.1
35.6
6.4
-174.8
0.1
-234.9
-268.7
43.6
-9.8
25.1
-67.2
-73.5
6.3
-177.5
0.0
112.2
62.1
51.9
-1.7
1.3
-46.5
-31.5
-15.0
2
3
4
5
6
7
8
9
10
11
157.6
122.5
391.9
971.7
-451.7
-110.5
12
104.7
77.1
27.6
0.0
0.0
0.0
52.9
0.6
174.9
0.0
-122.6
29.1
7.5
21.6
0.0
0.0
0.0
93.3
0.6
302.6
0.0
-209.9
114.5
62.9
51.5
0.0
0.0
0.0
277.5
0.6
-2.1
0.0
278.9
466.4
20.1
1.4
444.9
0.0
40.0
465.3
0.6
-353.2
0.0
817.9
-434.8
-125.1
37.9
-349.6
2.0
30.5
-47.3
0.6
-30.2
2.4
-20.1
-65.3
-47.4
-3.2
-21.9
7.2
3.5
-48.7
0.6
-123.5
7.9
66.3
13
14
15
16
17
18
19
20
21
22
23
(1) Funding subsidiaries, nonbank financial holding companies, custodial accounts for reinvested collateral of securities lending operations, Federal Reserve lending facilities,
and funds associated with the Public-Private Investment Program (PPIP).
(2) Common stock of American International Assurance Company Ltd. (AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG.
(3) Loans extended by the Federal Reserve to Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, Commercial Paper Funding Facility LLC, and American International Group (AIG).
(4) Loans extended by the federal government to the Term Asset-Backed Securities Loan Facility (TALF) LLC and to funds associated with PPIP.
(5) Preferred shares issued by AIG to the federal goverment under the Troubled Asset Relief Program (TARP) program and the monetary authority sectors preferred interest in
AIA Aurora LLC and ALICO Holdings LLC.
30
FFA, 2005-2010, September 16, 2011
F.200 U.S. Official Reserve Assets (1)

Billions of dollars
2005
Total liabilities
Federal government: SDR allocations
3
4
5
6
Rest of the world

SDR holdings
Reserve position in IMF (net)
Foreign currency holdings
Total assets
8
9
10
11
12
Federal government
Monetary gold (2)
SDR holdings
13
14
15
Rest of the world

Monetary gold (2)
SDR allocations
16
17
18
19
Monetary authority
Monetary gold (2)
2006
2007
2008
2009
2010
-14.1
-2.4
0.1
4.8
99.9
1.8
0.0
0.0
0.0
0.0
47.6
0.0
-14.1
-4.5
-10.2
0.6
-2.4
0.2
-3.3
0.7
0.1
0.2
-1.0
1.0
4.8
0.1
3.5
1.3
52.3
48.2
3.4
0.7
1.8
0.0
1.3
0.5
3
4
5
6
-14.1
-2.4
0.1
4.8
99.9
1.8
-14.4
0.0
-4.5
-10.2
0.3
-2.7
0.0
0.2
-3.3
0.4
-0.4
0.0
0.2
-1.0
0.5
4.2
0.0
0.1
3.5
0.6
51.9
0.0
48.2
3.4
0.3
1.6
0.0
0.0
1.3
0.3
8
9
10
11
12
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
47.6
0.0
47.6
0.0
0.0
0.0
13
14
15
0.3
-0.0
0.0
0.3
0.3
-0.0
-0.0
0.4
0.5
0.0
0.0
0.5
0.6
0.0
-0.0
0.6
0.3
0.0
0.0
0.3
0.3
0.0
0.0
0.3
16
17
18
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
SDR certificates:
1
2
Liab: Federal government

Asset: Monetary authority
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.0
3.0
0.0
0.0
1
2
Treasury currency:
3
4

0.8
0.1
0.6
1.7
-0.7
0.5
-0.8
-0.0
-0.4
4.0
-0.3
0.9
3
4
Discrepancy (seigniorage)
0.7
-1.1
-1.2
-0.8
-4.4
-1.1
40.8
87.2
256.0
-394.3
-106.1
71.7
2.4
9.9
16.2
5.2
-14.2
-10.6
15.4
0.9
43.2
-23.7
-25.5
2.0
-6.4
6.9
-32.2
4.3
40.5
8.7
2
3
4
12.3
106.8
196.5
-347.1
-74.5
18.1
F.202 U.S. Deposits in Foreign Countries

Billions of dollars
1
2
3
4
5
Total rest of the world liability

Held by:
Household sector
Discrepancy--unallocated assets
FFA, 2005-2010, September 16, 2011
31
F.203 Net Interbank Transactions

Billions of dollars
2005
1
2
3
4
5
6
7
8
9
10
11
12
13
Net change in liabilities

Monetary authority
Net change in assets
Rest of the world
Monetary authority
Credit unions
Discrepancy
2006
2007
2008
2009
2010
-12.4
-11.3
-97.5
1801.9
-609.1
-185.7
3.6
16.6
-6.0
-26.5
1.3
71.1
-71.3
-12.3
5.4
139.0
-191.1
-50.9
842.0
789.0
240.5
-69.5
114.2
-562.8
-158.9
-1.6
-11.1
-246.3
47.3
24.4
2
3
4
5
-8.8
-9.3
-99.3
1771.4
-643.5
-165.5
-12.3
-0.0
3.9
0.2
-0.5
0.0
-9.4
-1.2
2.3
-0.3
-0.7
0.0
-153.6
48.9
4.4
0.4
0.6
0.0
419.8
509.6
562.9
238.0
36.4
4.7
-294.0
-463.7
44.4
45.1
6.5
18.1
-58.7
-95.7
-91.2
66.7
-0.7
14.1
7
8
9
10
11
12
-3.6
-1.9
1.8
30.6
34.4
-20.2
13
8.6
8.6
1.6
1.6
3.3
3.3
2.7
2.7
-2.8
-2.8
-2.2
-2.2
14
15
-5.0
-4.7
0.2
-0.5
0.0
-0.3
0.7
-0.3
-0.7
0.0
2.1
1.1
0.4
0.6
0.0
839.2
560.2
238.0
36.4
4.7
117.0
47.2
45.1
6.5
18.1
-8.9
-89.0
66.7
-0.7
14.1
16
17
18
19
20
-0.0
-0.0
0.0
-0.0
-1.2
-1.2
-0.0
-1.2
48.9
0.3
48.6
48.9
509.6
-1.5
511.1
509.6
-463.7
-0.6
-463.1
-463.7
-95.7
0.7
-96.4
-95.7
21
22
23
24
3.5
20.2
16.8
111.4
98.8
-12.6
63.9
64.2
0.3
172.6
131.5
-41.1
-109.3
-21.3
88.0
-82.4
22.7
105.1
25
26
27
-8.6
59.6
68.2
-79.2
190.6
269.8
-168.8
4.5
173.3
244.3
7.4
-236.9
-171.2
2.5
173.7
43.1
96.7
53.6
28
29
30
Memo:
Vault cash:
14
15
Liab.: Monetary authority

Asset: U.S.-chartered commercial banks
Depository institution reserves:
16
17
18
19
20

Credit unions
Other transactions with the monetary authority
21
22
23
24
Liab: U.S.-chartered commercial banks

Loans to member banks
Transactions with banks in foreign countries (net):
25
26
27
Liab.: U.S.-chartered commercial banks (net)

Due to foreign affiliates
- Due from foreign affiliates
28
29
30
Foreign banking offices in U.S. (net)

31
32
33
Bank holding companies (net)

-19.6
9.2
28.9
-41.3
-22.6
18.7
-42.2
31.9
74.1
9.1
92.0
83.0
-23.5
-15.7
7.8
-10.6
-7.6
3.0
31
32
33
34
35
36
Less: Deposits at foreign banks

-12.4
-12.6
0.2
0.3
0.9
-0.6
6.6
6.0
0.6
6.2
6.6
-0.4
-10.1
-15.2
5.1
8.8
5.7
3.1
34
35
36
-12.3
-9.4
-153.6
419.8
-294.0
-58.7
37
0.5
-11.2
-7.2
-0.4
-38.1
12.9
14.8
-0.0
32.2
16.5
15.4
-0.7
113.4
-16.9
-47.3
-0.1
-4.9
8.3
-22.2
-3.9
-62.4
-23.2
-1.7
-1.3
38
39
40
41
-11.7
-4.3
-7.4
51.0
22.1
29.0
-15.7
-6.3
-9.4
-130.3
-51.6
-78.7
13.2
-4.7
17.9
39.3
5.6
33.7
42
43
44
-3.6
-1.9
1.8
30.6
34.4
-20.2
45
37
Asset: Rest of the world (1)

Transactions between U.S. banks (net) (2):
38
39
40
41
42
43
44
45
U.S.-chartered commercial banks (net)

Due to (3):
- Due from:
Unallocated (2)
(1) Sum of lines 25, 28, and 31 less line 34.

(2) Interbank transactions between U.S. banks should net to zero and thus are not shown in lines 1 through 12 above. However, the unallocated amount (line 45), which is due to inconsistencies
in source data, appears on line 13 as the discrepancy between liabilities and assets.
(3) Sum of lines 40, 41, and 45.
32
FFA, 2005-2010, September 16, 2011
F.204 Checkable Deposits and Currency

Billions of dollars
2005
1
2
3
4
5
6

Monetary authority
Federal government cash and deposits
Deposits due to foreign
7
8
9
10

Federal government deposits
Private domestic deposits
11
12
13

14
15
16

Credit unions
2006
2007
2008
2009
2010
4.4
-19.9
36.7
568.4
-7.9
266.3
30.1
-1.4
0.9
0.0
30.6
23.5
0.2
-1.2
0.0
24.5
17.8
11.4
0.9
-0.0
5.5
428.2
349.3
19.4
1.3
58.2
-117.6
-173.8
14.0
1.0
41.2
185.0
149.0
-21.6
0.9
56.7
2
3
4
5
6
-36.8
7.0
6.2
-49.9
-36.6
-5.9
9.4
-40.1
9.0
14.9
5.0
-10.9
140.8
-39.5
31.2
149.1
80.9
0.3
-28.7
109.3
70.3
-0.1
-3.8
74.3
7
8
9
10
0.5
0.2
0.3
-0.0
-0.2
0.2
2.6
0.3
2.3
1.7
2.4
-0.7
2.6
5.8
-3.2
5.7
4.1
1.7
11
12
13
-0.2
3.8
7.0
0.7
0.9
-8.5
1.7
4.5
1.1
-1.1
-2.9
1.6
1.4
13.1
11.6
0.5
-0.8
5.5
14
15
16
4.4
-19.9
36.7
568.4
-7.9
266.3
17
-127.2
-43.8
-71.8
236.8
88.0
-107.0
18
150.5
73.6
76.3
0.7
-41.6
-116.9
73.1
2.1
58.4
-9.0
65.7
1.8
-104.9
-109.2
3.3
0.9
98.1
136.0
-38.8
0.9
219.8
241.7
-22.4
0.6
19
20
21
22
17
18
Household sector
19
20
21
22
Corporate
Farm
23
24

Federal government
9.5
12.2
5.4
-2.7
-4.8
25.1
8.5
313.1
19.2
-174.2
6.7
148.9
23
24
25
26
27
Rest of the world

Checkable deposits
Currency
14.9
6.4
8.4
11.4
9.2
2.2
-5.4
5.2
-10.7
64.0
34.8
29.2
-9.2
-21.8
12.6
29.5
1.2
28.3
25
26
27
28
Financial sectors
-50.5
54.3
34.2
56.1
-29.4
-30.5
28
29
30
31

Credit unions
-0.5
2.4
-2.0
-0.1
-3.3
6.2
-0.3
-0.5
-1.1
0.6
-11.2
-5.7
1.0
-4.2
1.4
-0.9
-2.4
-6.3
29
30
31
32
33
34
35

-4.8
-5.5
0.3
-0.4
8.9
8.3
0.4
-2.7
12.8
2.3
0.6
4.8
-14.8
24.4
0.5
-0.2
-0.3
-32.1
4.2
-0.0
5.0
1.0
11.5
-0.5
32
33
34
35
36
37
38
39
40

Finance companies
REITs
Brokers and dealers
-1.4
-24.5
-8.9
1.4
-6.4
7.5
1.8
-1.6
4.9
24.0
-4.8
-2.7
0.4
-1.8
24.5
5.6
39.7
0.3
1.8
15.1
10.4
11.1
0.5
7.9
-29.4
-3.7
-36.0
-1.7
-2.8
6.2
36
37
38
39
40
-4.9
-3.0
1.0
-5.2
-0.3
-1.1
41
41
Mail float
FFA, 2005-2010, September 16, 2011
33
F.205 Time and Savings Deposits

Billions of dollars
2005
1
2

2006
2007
2008
2009
2010
598.9
608.2
599.9
334.2
375.4
116.1
314.4
347.0
316.4
524.8
517.2
298.4
262.9
0.5
4.9
277.8
8.6
1.2
255.0
6.9
1.1
540.2
0.1
1.1
382.9
4.4
-2.9
276.9
5.8
-5.2
3
4
5
3
4
5

6
7
Credit unions
34.0
12.1
28.9
30.5
27.6
25.8
-59.6
43.0
89.4
43.4
-5.2
26.2
6
7
Large time deposits (1)
284.4
261.2
283.4
-190.6
-141.8
-182.3
166.8
71.4
4.9
129.9
132.8
1.2
23.1
273.4
1.1
24.6
-123.2
1.1
-174.0
173.9
-2.9
-150.1
-49.6
-5.2
9
10
11
38.8
2.5
-5.2
2.5
-19.0
4.8
-93.5
0.5
-155.8
17.0
19.9
2.7
12
13
9
10
11

12
13
Credit unions
14
598.9
608.2
599.9
334.2
375.4
116.1
14
15
Household sector
487.1
486.5
477.2
194.3
128.0
245.6
15
16
17
18
Corporate
73.4
49.9
23.5
66.9
46.6
20.3
-40.7
-55.7
14.9
-60.7
-59.4
-1.2
81.4
109.3
-28.0
-33.4
-17.3
-16.1
16
17
18
19
20
21

Federal government
Rest of the world
12.8
-1.0
6.7
26.2
0.2
11.5
36.4
1.2
40.3
19.1
-1.3
65.5
10.8
0.3
-43.1
-0.4
0.1
4.5
19
20
21
22
Financial sectors
19.9
16.8
85.6
117.3
198.0
-100.1
22
23
24
Credit unions
-0.5
-4.5
3.9
-4.9
3.3
-0.0
-1.6
11.4
7.0
9.5
-0.0
5.4
23
24
25
26

6.3
-0.1
0.8
-0.5
4.6
-0.1
0.3
-0.0
4.7
-0.0
4.4
-0.0
25
26
27
28
29

Finance companies
15.7
12.1
-9.1
23.7
-1.5
-4.8
63.9
12.8
1.2
84.6
21.9
0.8
217.9
-42.8
1.6
-105.2
0.3
-5.0
27
28
29
(1) Large time deposits are those issued in amounts of $100,000 or more.
F.206 Money Market Mutual Fund Shares

Billions of dollars
1
Net issues
127.0
305.3
720.9
724.2
-499.0
-502.9
Net purchases
3
4
5
6
7
8
9
10
11
12
127.0
305.3
720.9
724.2
-499.0
-502.9
Household sector
Rest of the world
45.2
39.6
2.4
5.1
0.1
165.2
68.1
3.2
6.8
4.1
232.2
128.1
2.2
3.4
19.0
235.1
158.2
1.0
-1.4
23.7
-268.7
-56.5
-5.9
4.5
10.6
-183.4
-128.6
-3.4
4.7
2.4
3
4
5
6
7

-0.7
-3.7
1.9
0.1
37.1
0.7
9.7
3.4
2.1
41.9
7.2
-1.6
3.4
-1.4
328.7
12.1
17.5
2.3
1.9
273.6
-3.2
-5.5
0.6
-0.0
-174.8
-4.0
-12.7
-0.1
-0.4
-177.5
8
9
10
11
12
34
FFA, 2005-2010, September 16, 2011
F.207 Federal Funds and Security Repurchase Agreements

Billions of dollars
2005
1
2
3
4
5
6
7
8
9
10
11

Monetary authority
REITs
Brokers and dealers (net)
12
13
14
15
16
17

Rest of the world (net)
Monetary authority
Credit unions (net)
18
19
20
21
22
23
24
25

Mutual funds
Government-sponsored enterprises (net)
26
2006
2007
2008
2009
2010
315.2
403.2
8.1
-889.5
207.8
-201.3
-0.3
57.0
33.4
-0.2
-2.3
0.1
7.4
13.2
206.7
-0.9
21.4
49.0
0.1
-19.2
-0.1
0.3
14.4
338.3
14.4
-36.1
-13.6
0.1
-24.1
-0.7
-1.1
-6.2
75.5
44.4
-259.0
-96.3
-0.4
-0.0
1.9
-7.3
-12.3
-560.3
-10.6
244.9
40.3
-19.9
1.8
-1.7
-0.5
11.1
-57.5
-18.0
-190.9
52.9
-1.8
-6.0
0.8
-2.2
30.0
-66.2
2
3
4
5
6
7
8
9
10
208.9
98.7
233.1
-301.3
-195.3
-118.2
11
8.1
10.0
45.5
13.8
-0.1
2.6
1.0
13.5
2.4
-6.0
9.3
-1.6
-7.5
6.6
-35.2
5.8
27.3
-2.6
-0.9
-2.7
-231.5
33.5
-10.9
-4.8
0.8
8.8
-83.9
-80.0
-22.7
2.4
4.4
9.2
-129.6
0.0
-6.6
-0.1
12
13
14
15
16
17
0.6
-1.0
1.0
-0.6
112.0
2.8
14.1
0.0
-0.7
-0.1
0.8
4.5
48.7
17.4
9.7
0.0
1.7
0.2
3.4
-2.5
211.3
-0.6
25.3
0.0
0.8
5.2
7.3
1.8
-63.5
-7.4
-28.2
0.0
0.1
2.2
3.1
-0.0
-62.5
28.6
7.6
0.1
-0.7
0.7
0.9
-0.6
-0.5
-15.8
20.6
0.0
18
19
20
21
22
23
24
25
106.3
304.5
-225.0
-588.2
403.1
-83.1
26
245.1
317.1
-169.4
-189.0
-461.9
-79.9
245.1
-7.7
38.6
15.7
22.9
214.2
0.0
4.0
148.3
-15.3
0.0
77.1
317.4
22.4
98.4
-1.9
100.3
196.6
0.0
20.9
162.9
5.3
0.0
7.5
-169.4
11.3
-69.3
2.0
-71.3
-111.4
0.0
35.0
-194.2
-15.1
0.0
62.9
-188.8
7.7
-71.0
20.7
-91.7
-125.4
0.0
-39.0
-83.9
-22.6
0.0
20.1
-461.9
-73.1
59.4
-15.2
74.5
-448.2
0.0
-18.1
-266.2
-38.8
0.0
-125.1
-79.9
24.5
-2.7
-3.8
1.1
-101.7
-19.7
3.9
-40.3
1.7
0.0
-47.4
2
3
4
5
6
7
8
9
10
11
12
13
0.0
-0.0
0.0
-0.3
0.0
-0.3
0.0
0.0
0.0
-0.2
0.0
-0.2
0.0
0.0
0.0
0.0
0.0
0.0
14
15
16
245.1
317.1
-169.4
-189.0
-461.9
-79.9
17
F.208 Open Market Paper

Billions of dollars
1
Total net issues, all types
2
3
4
5
6
7
8
9
10
11
12
13
Commercial paper
Foreign issues in U.S.
Nonfinancial
Financial
Financial sectors
ABS issuers
Finance companies
REITs
14
15
16
Bankers acceptances (1)

17
Net purchases, by sector
18
19
20
21
22
23
24
25
26
Household sector
Rest of the world
Monetary authority
U.S.-chartered commercial banks (1)
Foreign banking offices in U.S. (1)
Credit unions
14.7
16.0
13.1
9.9
0.0
0.0
0.0
0.0
-0.0
19.0
11.7
17.6
46.7
0.0
0.0
0.0
0.0
0.2
-10.2
-53.2
-11.3
-8.3
0.0
0.0
0.0
0.0
-0.5
-101.3
-12.2
-63.5
-45.1
0.0
15.7
0.0
0.0
-0.4
28.7
-0.4
-53.5
-41.4
0.0
-15.7
0.0
0.0
0.0
28.8
15.7
-28.0
0.8
0.0
0.0
0.0
0.0
0.0
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35

Mutual funds
Brokers and dealers
3.5
-3.0
3.0
0.1
86.3
2.9
8.0
12.2
78.4
0.6
4.3
0.2
7.6
116.1
17.4
18.5
4.1
53.1
-3.1
13.1
-4.8
-4.4
66.3
-0.4
-4.7
22.8
-170.6
5.8
-3.4
10.2
-12.5
-56.1
-62.5
14.1
-21.4
143.7
-9.3
11.5
-10.5
-2.0
-108.0
28.6
3.0
-24.2
-268.7
-1.9
-8.9
-11.7
-1.6
-116.3
-13.9
0.2
-5.3
62.1
27
28
29
30
31
32
33
34
35
(1) Excludes banks holdings of own acceptances.
FFA, 2005-2010, September 16, 2011
35
F.209 Treasury Securities

Billions of dollars
2005
1
2
3
4
5
6
7
Net issues
Savings bonds
Other Treasury issues
Net purchases
Household sector
Savings bonds
2006
2007
2008
2009
2010
307.3
183.7
237.5
1239.0
1443.7
1579.6
0.7
306.6
-2.7
186.4
-6.0
243.4
-2.4
1241.4
-2.8
1446.5
-3.3
1582.9
2
3
307.3
183.7
237.5
1239.0
1443.7
1579.6
-102.6
0.7
-103.3
-93.1
-2.7
-90.3
-43.5
-6.0
-37.5
155.4
-2.4
157.8
419.4
-2.8
422.2
363.2
-3.3
366.5
5
6
7
18.1
6.0
92.3
-6.7
0.2
45.5
-7.1
3.0
7.1
-7.9
-7.5
-48.6
8.7
-4.0
20.1
0.4
-2.3
7.3
8
9
10
8
9
10

11
12
Rest of the world

Monetary authority
245.1
26.4
150.3
34.7
165.3
-38.3
711.6
-264.7
555.0
300.7
654.2
244.9
11
12
13
14
15
16

-10.1
0.1
-0.9
0.1
-2.2
-1.0
1.4
-0.2
11.1
3.6
4.6
-1.9
-19.6
5.1
-4.0
-0.6
64.3
25.9
2.7
-0.7
93.9
4.7
13.8
0.6
13
14
15
16
17
18
Credit unions
4.0
-1.1
4.5
-0.3
-5.4
3.0
-4.1
-1.6
3.8
5.3
-0.9
4.2
17
18
19
20
21
22
23

0.3
13.5
3.5
2.8
7.8
3.1
-7.6
14.3
2.4
8.3
-38.7
-17.3
38.7
-14.6
11.3
-5.6
35.1
15.4
4.8
24.2
22.9
27.7
125.8
28.1
6.8
3.2
23.2
176.0
11.1
10.1
19
20
21
22
23
24
25
26
27
28
29
30

Mutual funds
Closed-end funds
ABS issuers
Brokers and dealers
-9.6
6.6
0.3
4.8
0.2
19.7
-20.0
-5.9
5.0
0.2
3.4
1.2
28.7
-2.4
95.5
18.5
-1.7
6.6
1.3
29.3
7.1
399.5
8.7
-2.4
7.4
1.2
-13.6
250.6
-171.3
67.6
1.2
14.7
5.1
-18.3
-67.6
-71.0
41.9
0.7
9.2
33.3
-13.8
-28.5
24
25
26
27
28
29
30
306.9
183.4
237.1
1239.2
1443.9
1580.2
31
Memo:
31
Federal government borrowing (1)
(1) Total issues of Treasury securities (table F.209, line 1) plus budget agency securities (table F.210, line 2) and federal mortgage borrowing (table F.217, line 12).
36
FFA, 2005-2010, September 16, 2011
F.210 Agency- and GSE-Backed Securities (1)

Billions of dollars
2005
1
2
3
4
5
6
7
8
Net issues
Budget agencies
Net purchases
Household sector
2006
2007
2008
2009
2010
80.0
327.9
905.3
768.9
-59.9
-46.2
-0.4
-84.0
164.5
-0.3
35.6
292.6
-0.4
282.4
623.3
0.2
271.7
497.0
0.1
-475.3
415.3
0.7
-233.8
186.9
2
3
4
80.0
327.9
905.3
768.9
-59.9
-46.2
97.6
6.0
28.4
-66.3
-2.2
38.3
333.3
-2.4
18.8
96.4
-2.6
-7.6
-569.5
2.9
-15.0
102.5
0.1
6.2
6
7
8
0.0
134.3
0.0
0.0
224.0
0.0
0.0
248.8
0.0
54.4
-228.6
19.7
142.0
-226.0
1048.5
-47.2
-89.1
71.4
9
10
11
9
10
11
Federal government
Rest of the world
Monetary authority
12
13
14
15

-3.3
-0.9
-2.3
1.2
47.5
4.2
-0.0
-5.8
-111.4
2.0
-1.3
-2.7
139.7
-6.6
15.9
-2.0
148.4
-18.4
-7.0
-3.9
87.1
-4.7
-3.2
-7.7
12
13
14
15
16
17
Credit unions
55.8
-6.8
-13.4
-13.9
0.3
-4.1
-3.5
14.4
19.6
27.9
22.9
34.8
16
17
18
19
20
21
22

5.8
11.4
16.8
-0.4
0.0
4.1
8.8
16.6
49.4
0.1
3.8
5.5
28.2
23.3
0.3
-11.5
-16.7
21.3
6.3
0.0
1.9
5.8
-49.0
-30.5
0.6
-0.4
4.0
-98.1
-21.7
0.7
18
19
20
21
22
23
24
25

Mutual funds
-107.4
20.8
-135.4
-28.7
15.7
-37.1
104.5
66.2
-11.1
520.3
27.3
207.0
-213.2
46.4
-27.4
-140.1
152.0
-85.1
23
24
25
26
27
28
ABS issuers
REITs
Brokers and dealers
-31.2
-4.0
-6.3
24.8
24.8
37.0
27.4
23.5
152.2
-28.0
0.7
-47.5
-227.6
15.5
-131.8
-107.7
38.2
38.9
26
27
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 GNMA, 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.209, line 31.
FFA, 2005-2010, September 16, 2011
37
F.211 Municipal Securities and Loans

Billions of dollars
2005
2
3
4

Short-term (1)
Long-term
Nonprofit organizations (2)

(industrial revenue bonds)
6
7
2006
2007
2008
2009
2010
195.0
177.4
215.6
61.4
129.3
118.5
171.3
5.7
165.6
153.1
-3.1
156.2
190.4
17.3
173.1
50.6
12.5
38.1
108.9
2.9
105.9
106.0
14.5
91.5
2
3
4
16.0
18.9
17.1
8.1
14.9
3.9
7.6
5.4
8.1
2.7
5.5
8.6
195.0
177.4
215.6
61.4
129.3
118.5
8
9
10
11
12
Household sector
Rest of the world
78.6
0.3
0.1
0.4
3.0
50.8
-4.0
1.3
0.5
5.4
24.0
1.1
-0.5
0.2
10.7
7.8
-3.0
-0.4
-0.1
5.4
106.4
1.1
-0.4
0.3
6.5
80.1
-6.3
-0.2
0.3
16.0
8
9
10
11
12
13
14
15
16

16.7
0.0
0.2
1.5
21.7
0.0
0.8
2.5
12.0
0.0
0.7
-0.1
23.2
0.0
0.5
-3.3
1.0
0.0
0.9
1.5
28.4
0.0
-0.9
1.8
13
14
15
16
17
18
19

45.4
2.4
-0.2
22.1
4.1
1.6
36.1
4.8
-0.8
10.6
5.7
-1.0
-12.6
26.1
0.0
-21.0
39.2
0.1
17
18
19
20
21
22
23
24
25

Mutual funds
Closed-end funds
Brokers and dealers
23.0
17.4
0.2
0.0
-4.9
10.9
33.5
32.7
0.0
0.0
-3.6
8.0
100.7
27.8
1.9
0.6
-2.8
-0.7
23.6
17.4
-13.3
1.7
-2.0
-11.4
-93.3
90.6
2.9
3.6
-2.2
-3.3
-66.9
46.4
-0.6
1.7
-4.2
4.6
20
21
22
23
24
25
(1) Debt with original maturity of 13 months or less.

(2) Liability of the households and nonprofit organizations sector (tables F.100 and L.100).
38
FFA, 2005-2010, September 16, 2011
F.212 Corporate and Foreign Bonds

Billions of dollars
2005
Net issues
2
3

Rest of the world (1)
Financial sectors
5
6
7
8
9
10
11
12
13

ABS issuers (net) (3)
Finance companies
REITs
Brokers and dealers
Net purchases
2006
2007
2008
2009
2010
864.4
1249.7
1233.1
-231.5
-48.6
-116.3
56.7
64.5
215.6
227.8
311.2
218.7
204.6
-158.8
377.2
163.2
420.6
72.8
2
3
743.2
806.4
703.2
-277.3
-589.1
-609.6
12.5
44.2
1.0
27.5
47.8
2.0
25.1
94.4
-0.3
8.0
123.0
-8.0
-28.3
7.8
-0.2
10.3
-46.5
-3.6
5
6
7
581.3
43.6
32.8
0.1
27.6
644.6
42.4
13.9
6.4
21.6
538.5
-2.8
0.7
-4.0
51.5
-324.1
-49.6
-60.3
32.3
1.4
-473.9
-87.0
-41.3
-4.2
37.9
-492.7
-110.7
-0.1
36.9
-3.2
8
9
10
11
12
864.4
1249.7
1233.1
-231.5
-48.6
-116.3
13
119.8
9.0
0.0
328.5
196.8
12.1
0.0
541.0
218.3
6.0
0.0
424.6
-214.9
-2.4
0.0
-21.4
-142.0
7.9
0.6
-125.7
-342.7
8.3
0.3
-39.4
14
15
16
17
14
15
16
17
Household sector
Federal government
18
19
20
21
22
23

Credit unions
47.0
80.6
-3.7
-0.5
21.0
-1.5
59.1
29.8
4.9
-0.4
13.2
7.2
101.7
77.0
19.2
0.1
49.5
3.9
-30.4
32.1
-0.0
0.0
-33.7
-8.9
49.9
-156.7
-8.4
1.5
-24.0
-7.0
-88.2
-11.0
7.3
-1.4
-10.5
-18.6
18
19
20
21
22
23
24
25
26
27
28

17.5
74.7
22.2
14.5
-0.0
14.2
29.7
27.7
55.5
-0.0
5.9
43.1
39.8
13.6
0.1
-15.4
-45.5
42.7
15.9
-0.1
30.8
97.6
42.8
-4.3
0.1
24.3
102.8
40.6
3.8
0.2
24
25
26
27
28
29
30
31
32

Mutual funds
Closed-end funds
2.2
65.9
1.7
1.9
105.1
104.3
5.7
2.4
8.5
123.0
-1.0
6.2
-148.8
69.9
-25.3
13.9
-58.1
146.2
5.3
27.6
-15.7
147.0
4.1
18.7
29
30
31
32
33
34
35
36
37
Finance companies
REITs
Brokers and dealers
50.9
-52.5
17.0
77.7
-29.4
16.1
-18.7
11.6
39.8
-7.1
-17.4
4.5
-30.2
27.3
109.6
-77.7
3.0
-22.8
-259.0
497.3
-33.8
6.3
3.8
47.5
43.6
-16.9
-19.6
5.3
33.2
51.9
33
34
35
36
37
(1) Net purchases of foreign issues by U.S. residents.

(2) Net purchases of U.S. issues by foreign residents.
(3) Net issuance less net acquisition of corporate bonds held as assets.
FFA, 2005-2010, September 16, 2011
39
F.213 Corporate Equities (1)

Billions of dollars
2005
Net issues
2008
2009
2010
-76.7
-368.9
-460.5
263.1
312.9
-8.7
-565.7
-786.8
-336.0
-64.6
-277.9
186.7
137.3
147.8
-38.5
63.6
79.1
Financial sectors
Closed-end funds
REITs
Brokers and dealers
Funding corporations (3)
78.5
6.2
-20.0
2.2
-2.8
-8.0
20.6
56.7
16.1
4.2
3.3
0.0
59.5
9.3
-19.8
0.8
-8.5
-20.0
8.0
74.0
22.2
1.1
-7.6
0.0
178.6
4.3
-28.0
3.3
-13.2
-30.6
17.6
150.5
17.1
25.5
32.3
0.0
637.6
10.4
321.4
1.7
0.4
-10.7
-63.4
177.2
12.8
27.6
120.2
40.0
313.9
10.1
68.6
1.5
-5.3
-0.9
5.1
116.5
24.2
96.0
-32.4
30.5
190.1
11.4
19.8
0.5
-12.7
-4.8
-0.6
117.8
28.2
38.1
-11.1
3.5
4
5
6
7
8
9
10
11
12
13
14
15
-76.7
-368.9
-460.5
263.1
312.9
-8.7
16
-372.5
2.5
0.0
56.9
-585.0
-4.4
0.0
96.2
-847.9
2.7
0.0
218.5
-112.3
22.9
256.3
105.1
50.7
17.6
0.6
192.6
-147.4
-26.4
15.1
152.1
17
18
19
20
0.0
0.1
0.0
-1.0
0.0
0.7
0.0
-1.0
0.0
1.6
0.0
-0.1
0.0
2.4
0.0
-1.5
25.1
6.8
0.0
-0.5
1.3
-0.5
0.1
-1.3
21
22
23
24
16
2007
-341.8
4
5
6
7
8
9
10
11
12
13
14
15
2006
Net purchases
17
18
19
20
Household sector
Federal government
21
22
23
24
Monetary authority
25
26
27
28
29

-6.1
65.9
-42.0
-5.6
7.0
2.3
71.4
-86.5
-70.0
6.3
0.5
84.1
-188.3
-6.4
2.7
35.1
81.8
-184.6
1.2
-8.6
-2.4
33.4
-175.6
-17.3
8.8
-20.9
45.6
-111.1
-25.8
5.2
25
26
27
28
29
30
31
32
33
34
Mutual funds
Closed-end funds
Brokers and dealers
129.6
18.4
50.0
20.1
0.0
131.3
2.0
68.3
-0.2
0.0
91.3
18.4
137.2
25.4
0.0
-38.1
-22.3
154.2
-28.5
0.0
86.3
-4.2
70.5
-4.6
25.1
39.1
-4.8
88.2
-18.5
1.3
30
31
32
33
34
(1) Excludes mutual fund shares shown on table F.214.

(2) Net purchases of foreign issues by U.S. residents; includes American Depositary Receipts (ADRs).
(3) Preferred shares issued by AIG to the federal goverment under the TARP program and the monetary authority sectors preferred interest in AIA Aurora LLC and ALICO Holdings LLC.
(4) Net purchases of U.S. issues by foreign residents.
F.214 Mutual Fund Shares (1)

Billions of dollars
1
Net issues
260.2
336.8
364.7
31.0
490.5
385.5
Net purchases
260.2
336.8
364.7
31.0
490.5
385.5
173.5
1.5
0.8
32.2
165.4
24.9
-1.3
45.2
208.5
0.2
0.5
38.2
0.2
-6.1
14.3
-2.0
338.1
40.4
-7.2
17.7
284.9
16.7
-7.7
17.8
3
4
5
6
3
4
5
6
Household sector
Rest of the world
7
8

Credit unions
-1.8
-1.0
3.9
-0.1
3.6
-0.0
1.3
-0.0
14.8
-0.7
-5.8
0.2
7
8

0.3
-9.9
70.0
-5.5
0.5
26.9
74.9
-3.4
-0.5
31.3
88.1
-5.2
-0.4
-10.7
35.5
-1.1
0.1
0.0
89.8
-2.5
-0.1
1.0
82.4
-3.8
9
10
11
12
9
10
11
12
(1) Shares of open-end investment companies; excludes shares of money market mutual funds, exchange-traded funds, and funding vehicles for variable annuities.
40
FFA, 2005-2010, September 16, 2011
F.215 Bank Loans Not Elsewhere Classified (1)

Billions of dollars
2005
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22

Nonfinancial sectors
Household sector
Corporate business
Farm business
Rest of the world
Foreign official institutions
Foreign banks
Other foreign
Financial sectors
Finance companies
REITs
Brokers and dealers
Monetary authority (2)
2006
2007
2008
2009
2010
167.8
126.9
335.1
693.7
-774.6
-105.4
149.0
189.2
264.2
197.7
-307.2
-15.1
9.7
-33.9
156.5
2.2
49.9
9.2
113.0
3.3
13.4
85.1
139.4
2.3
18.0
53.7
117.7
3.2
30.1
-130.6
-195.4
-0.1
76.5
-32.1
-77.1
-0.3
3
4
5
6
14.5
-2.9
4.7
12.7
13.8
-0.7
3.8
10.7
24.1
-0.0
8.3
15.8
5.1
0.7
2.8
1.6
-11.2
0.6
-5.1
-6.6
17.9
1.1
11.8
4.9
7
8
9
10
18.8
-62.3
70.9
496.1
-467.5
-90.2
11
5.2
5.2
8.4
0.0
0.0
-44.5
-12.9
-5.0
0.0
0.0
13.3
52.8
4.8
0.0
0.0
13.0
-7.1
-0.3
45.5
444.9
-29.8
-30.4
-12.1
-45.5
-349.6
-1.2
-64.9
-2.2
0.0
-21.9
12
13
14
15
16
167.8
126.9
335.1
693.7
-774.6
-105.4
17
0.0
98.7
60.7
2.7
5.6
0.0
62.9
67.1
-2.9
-0.3
0.0
233.7
105.0
0.7
-4.2
490.4
137.9
65.1
2.0
-1.7
-347.6
-298.1
-125.4
-3.2
-0.3
-44.8
-45.4
-16.1
4.3
-3.3
18
19
20
21
22
(1) Excludes bank lending in the form of open market paper, mortgages, consumer credit, and security credit which are shown on other instrument tables.
(2) Loans from Federal Reserve banks to households, rest of the world, broker and dealers, and funding corporations. See loan details on table F.109.
FFA, 2005-2010, September 16, 2011
41
F.216 Other Loans and Advances

Billions of dollars
2005
Total other loans and advances
2006
2007
2008
2009
2010
159.1
173.6
533.6
106.7
-436.1
-243.9
2
3
4
5
6
7
8
9
10
11

Liab.: Household sector
Farm business
Rest of the world
Finance companies
-7.0
-0.7
0.8
-2.9
-0.2
0.6
-4.6
0.0
0.0
0.0
0.6
1.4
1.2
4.8
-0.1
0.6
-7.4
0.0
0.0
0.0
-2.2
-0.4
-0.3
1.2
-0.0
0.7
-3.3
0.0
0.0
0.0
6.1
0.3
4.4
2.1
0.0
0.8
-1.5
0.0
0.0
0.0
66.1
-0.2
59.4
3.3
0.5
0.8
0.3
0.0
0.0
2.0
3.6
-1.0
-4.4
0.3
0.4
0.9
0.2
0.0
0.0
7.2
2
3
4
5
6
7
8
9
10
11
12
13
Foreign loans to U.S. corporate business

Liab.: Nonfinancial corporate business
31.3
31.3
6.2
6.2
102.7
102.7
-64.1
-64.1
-24.5
-24.5
-22.4
-22.4
12
13
14
15
16
17
Customers liability on acceptances outstanding

Rest of the world
-0.0
0.1
0.0
-0.0
0.0
-0.3
-0.3
-0.1
0.0
0.0
-0.1
0.1
0.0
-0.2
-0.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
14
15
16
17
18
19
20
Savings institution loans to business

3.9
1.9
1.9
6.0
3.0
3.0
6.2
3.1
3.1
6.4
3.2
3.2
-14.5
-7.2
-7.2
6.4
3.2
3.2
18
19
20
21
22
23
Credit unions loans to business

1.0
0.5
0.5
0.9
0.4
0.4
0.0
0.0
0.0
2.7
1.4
1.4
2.7
1.4
1.4
0.8
0.4
0.4
21
22
23
24
25
26
Policy loans (Household liability)

Asset: Federal government
0.8
-0.0
0.8
3.3
-0.0
3.4
3.6
-0.0
3.6
5.9
-0.0
5.9
0.7
-0.0
0.7
3.4
-0.0
3.4
24
25
26
27
28
29
30
31
32
33
34
Govt.-sponsored enterprises loans (1)

Liab.: Household sector (SLMA)
Noncorporate business (FCS)
Farm business (FCS)
U.S.-chartered coml. banks (FHLB & SLMA)
Savings institutions (FHLB & SLMA)
Credit unions (FHLB)
Life insurance companies (FHLB)
52.4
0.0
1.9
6.1
24.4
16.2
3.3
0.4
33.1
0.0
4.2
7.7
80.0
-65.7
4.2
2.7
237.7
0.0
4.3
7.7
106.7
91.1
13.4
14.5
38.1
0.0
24.8
-20.1
71.0
-72.2
8.3
26.2
-284.8
0.0
3.1
-3.3
-124.2
-139.6
-14.1
-6.6
-144.7
0.0
1.3
6.0
-124.1
-24.2
-0.4
-3.2
27
28
29
30
31
32
33
34
35
36
Securitized loans held by ABS issuers

-17.6
-17.6
3.8
3.8
-4.0
-4.0
-15.6
-15.6
-23.7
-23.7
-5.0
-5.0
35
36
37
38
39
Finance company loans to business

27.6
24.9
2.8
18.9
17.0
1.9
24.9
22.4
2.5
16.9
15.2
1.7
-91.0
-81.9
-9.1
-19.0
-17.1
-1.9
37
38
39
40
41
42
43
44
45
46
Loans to nonfinancial corporate business (2)

Asset: Household sector
Mutual funds
ABS issuers
Brokers and dealers
66.6
2.7
4.2
10.5
37.8
7.7
3.6
101.1
0.4
6.5
9.8
61.2
19.8
3.4
164.6
8.5
9.6
36.1
92.6
11.1
6.7
110.5
12.2
14.3
12.4
53.4
3.1
15.1
-67.1
-5.3
-13.3
1.3
-27.4
-12.7
-9.8
-67.0
0.1
-3.6
0.8
-51.8
-10.7
-1.7
40
41
42
43
44
45
46
(1) The Student Loan Marketing Association (Sallie Mae) was included until it was fully privatized in 2004:Q4.
(2) Syndicated loans from domestic entities, excluding banks and finance companies which are included elsewhere.
42
FFA, 2005-2010, September 16, 2011
F.217 Total Mortgages

Billions of dollars
2005
2006
2007
2008
2009
2010
Net change in mortgages
1434.9
1389.2
1052.1
92.8
-283.4
-509.2
2
3
4
5
Home
Commercial
Farm
1115.2
62.3
248.2
9.1
1071.5
40.7
273.7
3.3
711.3
79.3
256.9
4.6
-109.7
48.9
131.6
22.0
-200.5
9.0
-88.5
-3.4
-342.5
-10.1
-161.6
4.9
2
3
4
5
1434.9
1389.2
1052.1
92.8
-283.4
-509.2
1049.3
1010.3
690.2
-41.0
-155.7
-314.3
371.5
191.5
170.9
9.1
372.3
87.7
281.3
3.3
357.2
48.3
304.3
4.6
127.1
-65.8
170.9
22.0
-131.0
-32.5
-95.2
-3.4
-201.9
-81.3
-125.5
4.9
8
9
10
11
6
7
Net borrowing
Household sector
8
9
10
11
Corporate
Farm
12
13
Federal government
REITs
0.0
14.1
0.0
6.6
0.0
4.7
0.0
6.8
0.0
3.4
0.0
6.9
12
13
14
1434.9
1389.2
1052.1
92.8
-283.4
-509.2
14
8.1
1.7
5.3
-17.3
-8.4
-1.5
-12.3
-18.4
7.4
1.4
-7.7
-3.0
-9.6
-3.3
-3.1
-11.3
-3.3
-1.8
15
16
17
10.8
2.4
14.5
3.7
6.4
2.1
-3.2
13.5
9.4
12.6
2.8
-1.8
18
19
354.8
4.0
3.6
95.3
31.3
436.8
4.1
4.1
-77.2
30.1
225.7
14.1
1.6
17.2
31.8
190.0
5.2
1.8
-233.4
33.2
-16.1
-6.4
-0.3
-227.3
3.2
-186.5
-2.5
-6.5
-18.5
2.8
20
21
22
23
24
0.3
12.1
-0.2
1.3
0.7
18.3
-0.3
-2.0
1.3
22.4
0.7
-4.7
0.2
16.3
0.9
-0.3
-0.5
-16.3
2.6
-0.1
-0.3
-8.6
1.3
0.1
25
26
27
28
-40.2
164.5
686.0
18.4
292.6
630.0
35.9
623.3
173.4
62.2
497.0
-350.4
2.4
415.3
-367.2
-110.8
186.9
-288.2
29
30
31
65.4
28.3
53.0
-10.4
-62.5
-13.2
-84.0
-46.9
-50.5
-28.0
-56.9
-6.3
32
33
15
16
17
Household sector
18
19

Federal government
20
21
22
23
24

Savings institutions (1)
Credit unions
25
26
27
28

29
30
31

ABS issuers
32
33
Finance companies
REITs
(1) FHLB loans to savings institutions are included in other loans and advances.
FFA, 2005-2010, September 16, 2011
43
F.218 Home Mortgages (1)

Billions of dollars
1
2
3
4
5
Net borrowing
Household sector
6
7
8
9
10
Household sector
Federal government
11
12
13
14
15

Credit unions
16
17
18

19
20
21
22
23
ABS issuers
Finance companies
REITs
24
25
26
27
28
29
30
Memo:
Home equity loans included above (2)
Credit unions
ABS issuers
Finance companies
2005
2006
2007
2008
2009
2010
1115.2
1071.5
711.3
-109.7
-200.5
-342.5
1040.0
7.6
67.6
989.1
8.2
74.2
674.5
2.9
33.9
-52.5
-10.2
-46.9
-146.7
-12.4
-41.5
-298.3
-6.8
-37.4
2
3
4
1115.2
1071.5
711.3
-109.7
-200.5
-342.5
5.0
1.0
1.9
5.5
-0.4
-15.0
-5.1
-0.6
7.4
0.2
-12.1
-10.9
2.7
3.6
0.3
0.4
-4.8
-1.1
-1.5
2.7
-8.0
-2.0
-1.1
4.8
5.7
-8.0
-2.0
-0.6
0.9
1.8
6
7
8
9
10
209.7
0.0
0.7
79.6
31.3
289.2
0.0
0.9
-86.0
30.1
124.1
0.0
4.3
11.1
31.8
28.3
-1.5
1.4
-212.6
33.2
20.7
-6.0
-0.3
-217.7
3.2
-81.3
0.1
-2.5
-18.2
2.8
11
12
13
14
15
-0.6
-0.0
0.5
2.9
-0.1
-0.7
-0.9
-0.1
-1.7
-0.8
0.1
-0.1
-2.2
0.7
-0.0
-0.2
0.1
0.0
16
17
18
-54.7
169.0
574.1
67.8
24.8
3.7
302.8
517.3
48.3
-23.8
-9.7
622.6
35.0
-65.4
-23.5
8.8
492.2
-310.7
-97.3
-46.4
-11.3
402.5
-320.0
-47.8
-21.7
-117.3
175.8
-239.5
-50.8
-3.7
19
20
21
22
23
139.4
65.5
0.0
30.4
12.0
17.3
14.3
151.1
104.6
0.0
-14.1
11.0
39.9
9.7
64.8
38.6
0.0
42.9
7.2
-10.9
-13.1
-17.8
83.0
-0.4
-61.0
4.6
-24.5
-19.5
-82.2
-13.8
-0.6
-39.5
-4.1
-14.7
-9.6
-90.5
-60.3
0.0
-6.0
-6.4
-8.5
-9.4
24
25
26
27
28
29
30
(1) Mortgages on 1-4 family properties including mortages 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.
F.219 Multifamily Residential Mortgages

Billions of dollars
1
62.3
40.7
79.3
48.9
9.0
-10.1
2
3
Net borrowing
1.4
61.0
1.0
39.4
6.0
75.7
1.9
44.6
1.5
5.7
-1.0
-9.9
2
3
4
5
Federal government
REITs
0.0
-0.1
0.0
0.3
0.0
-2.3
0.0
2.3
0.0
1.8
0.0
0.8
4
5
62.3
40.7
79.3
48.9
9.0
-10.1
7
8
9
10
11
Household sector
Federal government
0.0
0.0
1.9
4.3
-0.0
0.0
-0.1
-0.5
5.8
-0.2
0.0
-0.3
2.6
2.8
-0.3
0.0
-0.1
-1.0
-1.2
0.1
0.0
-0.1
-1.0
3.8
0.1
0.0
-0.1
-0.6
1.2
-0.3
7
8
9
10
11
12
13
14

20.0
0.0
10.8
18.9
0.0
-2.6
10.9
0.0
-3.1
42.4
-0.2
-27.5
-3.7
-0.4
-5.3
-13.6
-0.5
1.4
12
13
14
15
16
17

2.0
-0.0
0.4
3.6
-0.1
-0.6
5.8
0.1
-1.4
-0.1
0.3
-0.1
-3.2
0.3
-0.0
-1.3
0.4
0.0
15
16
17
18
19
20
21
22
ABS issuers
Finance companies
REITs
10.5
-4.5
16.6
0.0
0.3
12.4
-12.5
14.0
-0.5
3.1
42.3
-0.7
20.6
-0.1
0.2
42.5
4.6
-10.8
0.8
-0.9
14.2
13.0
-5.8
-0.7
-2.0
2.0
11.3
-8.7
-1.0
-0.4
18
19
20
21
22
44
FFA, 2005-2010, September 16, 2011
F.220 Commercial Mortgages

Billions of dollars
2005
1
2
3
4
5
6
Net borrowing
Household sector
REITs
2007
2008
2009
2010
248.2
273.7
256.9
131.6
-88.5
-161.6
9.2
182.4
42.3
14.2
21.2
78.5
167.7
6.3
15.8
39.5
194.7
7.0
11.5
-57.6
173.2
4.5
-9.1
-21.6
-59.5
1.6
-15.9
-73.5
-78.2
6.1
2
3
4
5
248.2
273.7
256.9
131.6
-88.5
-161.6
Household sector
1.9
0.6
1.4
2.2
-3.2
-0.4
2.1
-7.3
2.0
0.9
-2.8
-0.8
-0.7
-1.3
-0.8
-2.5
-1.3
-0.5
7
8
9
10
11

Federal government
0.9
2.8
1.2
3.7
0.6
2.1
-0.2
10.4
0.8
6.4
0.8
-3.7
10
11
12
13
14
15

121.8
4.0
2.9
4.9
126.5
4.1
3.2
11.3
89.0
14.1
-2.7
9.1
110.7
6.8
0.4
6.7
-32.5
0.1
-0.0
-4.2
-93.4
-2.1
-4.0
-1.7
12
13
14
15
16
17
18
19

0.3
10.2
-0.1
0.5
0.7
11.1
-0.2
-0.7
1.3
16.8
0.7
-1.6
0.2
14.9
0.5
-0.1
-0.5
-9.4
1.5
-0.0
-0.3
-6.4
0.8
0.0
16
17
18
19
20
21

ABS issuers
0.0
95.3
0.0
98.7
0.0
117.8
0.0
-28.9
0.0
-41.4
0.0
-40.1
20
21
22
23
Finance companies
REITs
-2.4
3.2
5.2
10.3
2.9
10.1
12.6
0.4
-2.0
-4.3
-5.1
-2.3
22
23
7
8
9
2006
F.221 Farm Mortgages (1)

Billions of dollars
1
Net borrowing (Farm business)
9.1
3.3
4.6
22.0
-3.4
4.9
9.1
3.3
4.6
22.0
-3.4
4.9
1.1
0.1
-4.5
-0.0
-2.2
0.1
0.1
-0.1
-0.9
-0.1
-0.8
-0.0
3
4
0.1
-0.0
0.1
-0.0
-0.7
0.1
-0.3
0.2
0.0
0.4
0.0
0.4
5
6
3
4
Household sector
5
6

Federal government
7
8
9

3.3
0.0
0.0
2.2
0.0
0.1
1.7
0.0
0.1
8.7
0.0
0.0
-0.5
-0.0
-0.0
1.8
0.0
0.0
7
8
9
10
11

0.6
0.0
0.7
0.0
0.7
0.0
2.2
0.0
-1.5
0.0
-0.7
0.0
10
11
12
13
4.0
-0.1
2.2
2.3
3.3
1.4
10.9
0.1
-0.5
-0.2
4.6
-0.2
12
13
(1) Excludes mortgages on farm houses.
FFA, 2005-2010, September 16, 2011
45
F.222 Consumer Credit

Billions of dollars
2005
2006
2007
2008
2009
2010
Net change in liabilities (Households)
100.4
95.4
139.3
38.8
-115.3
-44.2
100.4
95.4
139.3
38.8
-115.3
-44.2
3
4
5

Federal government
0.4
0.0
3.7
-2.0
0.0
1.9
1.0
0.0
6.7
1.2
0.0
12.6
-2.6
0.0
75.0
7.5
0.0
130.4
3
4
5
6
7
8

Credit unions
2.8
17.8
13.2
34.2
-13.5
5.9
62.9
-4.8
1.2
74.5
-4.5
0.5
-50.6
-8.8
1.0
-73.7
5.3
-10.7
6
7
8
9
10
11
ABS issuers
Finance companies
0.0
38.4
24.2
0.0
51.2
17.8
0.0
22.6
49.7
0.0
-37.3
-8.3
0.0
-41.3
-88.0
0.0
-56.8
-46.2
9
10
11
340.8
189.1
202.0
-176.5
-64.0
223.1
13.0
13.6
14.6
15.7
10.9
18.1
199.4
52.0
-2.8
110.3
20.0
-7.0
85.9
29.3
-4.1
-229.9
-11.9
22.5
-89.9
-34.0
6.6
194.0
-19.6
-6.1
3
4
5
32.1
33.7
34.4
6.2
37.0
29.3
39.2
22.6
37.7
-51.6
38.4
22.5
6
7
6.3
7.0
6.2
5.2
12.4
-2.4
-9.9
-24.7
7.4
48.9
27.8
-52.0
8
9
F.223 Trade Credit

Billions of dollars
1
Net change in trade payables
Household sector
3
4
5

Farm business
6
7

Federal government
8
9
Rest of the world

Brokers and dealers
10
Net change in trade receivables
371.2
43.1
248.5
-181.9
-50.7
131.1
10
11
12

277.6
66.6
-18.3
40.0
163.1
54.7
-172.0
-3.0
33.6
-40.8
135.1
-23.5
11
12
13
14
15

Federal government
Rest of the world
10.2
9.2
7.9
13.8
-11.6
5.9
6.8
1.2
20.8
-2.7
4.2
6.5
9.0
-21.1
6.6
9.4
-0.7
19.4
13
14
15
16
17

ABS issuers
2.4
-2.8
4.9
8.5
-1.6
3.4
1.3
-16.1
-3.7
-34.3
0.8
-9.5
16
17
-30.4
145.9
-46.4
5.4
-13.2
92.0
18
18
Discrepancy
F.224 Security Credit

Billions of dollars
1
2
3
Household sector
Rest of the world
4
5
6
7
Brokers and dealers

0.2
211.5
276.5
-397.9
-95.9
123.6
-31.6
0.0
59.7
0.0
33.4
0.0
-160.7
0.0
38.1
0.0
75.2
0.0
2
3
31.8
-3.0
-6.6
41.4
151.8
80.4
20.9
50.6
243.0
210.8
29.3
3.0
-237.3
-123.8
12.8
-126.3
-134.0
-74.1
-59.2
-0.8
48.4
25.7
-5.8
28.5
4
5
6
7
0.2
211.5
276.5
-397.9
-95.9
123.6
9
10
Household sector
Rest of the world
-3.0
0.0
80.4
0.0
210.8
0.0
-123.8
0.0
-74.1
0.0
25.7
0.0
9
10
11
12
13

Brokers and dealers
-6.6
41.4
-31.6
20.9
50.6
59.7
29.3
3.0
33.4
12.8
-126.3
-160.7
-59.2
-0.8
38.1
-5.8
28.5
75.2
11
12
13
46
FFA, 2005-2010, September 16, 2011
F.225 Life Insurance and Pension Fund Reserves

Billions of dollars
2005
2006
2007
2008
2009
2010
Life insurance reserves:

1
2
3
4

Federal government
Net change in assets (Households)
16.1
65.6
34.2
67.0
26.5
17.2
1.1
14.9
1.5
64.1
1.2
33.0
1.0
66.0
1.1
25.4
0.9
16.4
2
3
16.1
65.6
34.2
67.0
26.5
17.2
275.7
250.9
201.1
125.7
135.4
224.9
142.1
72.9
6.0
54.7
100.5
53.9
46.1
50.4
118.6
32.3
2.3
47.8
65.5
-36.4
17.7
78.9
25.1
60.1
-28.0
78.2
104.2
77.3
-38.5
81.9
6
7
8
9
275.7
250.9
201.1
125.7
135.4
224.9
10
Pension fund reserves:

5
6
7
8
9
10

Private pension funds (1)
Federal government retirement funds (2)
Net change in assets (Households) (3)
(1) Includes unallocated insurance company contracts beginning 1985:Q4.

(2) Includes the Thrift Savings Plan, the National Railroad Retirement Investment Trust, and other federal government retirement funds.
(3) Excludes all individual retirement accounts (IRAs) (table F.225.i), except those at life insurance companies.
F.226 Taxes Payable by Businesses

Billions of dollars
1
Net change in taxes payable by all

businesses
-4.7
22.5
-69.3
-123.8
-5.0
12.1
2
3

-1.8
8.7
-0.8
9.0
-49.6
3.8
3.1
6.7
-3.3
-7.8
3.6
-4.5
2
3
4
5

-7.9
0.1
-1.1
-0.4
-13.6
-2.0
-85.7
-0.3
7.1
0.3
6.9
-0.3
4
5
6
7

-3.1
-2.6
11.0
4.0
-2.4
-3.4
-28.1
-19.7
5.3
-7.0
5.6
2.6
6
7
8
9
Finance companies
Brokers and dealers
1.9
-0.1
0.0
0.7
-1.5
-0.6
-0.1
0.3
-2.8
3.2
0.3
-2.1
8
9
40.9
5.1
-34.7
-66.1
24.8
45.4
10
15.5
25.3
11.5
-6.3
0.8
-35.5
-4.1
-61.9
-18.2
43.0
-17.1
62.5
11
12
-45.6
17.3
-34.6
-57.7
-29.8
-33.3
13
-34.6
11.7
-7.5
-288.2
-68.2
-18.2
13.4
-46.8
-1.2
68.4
-49.9
-6.8
18.2
-28.1
2.4
-284.8
-14.9
11.5
-66.1
1.6
-3.6
-16.0
-2.6
0.4
2
3
4
10
11
12
13
Net change in business taxes receivable

Federal government
Discrepancy
F.227 Proprietors Equity in Noncorporate Business

Billions of dollars
1
2
3
4
Total household investment

Farm business
Brokers and dealers
FFA, 2005-2010, September 16, 2011
47
F.228 Total Miscellaneous Financial Claims

Billions of dollars
2
3
4
Household sector
5
6
Federal government
Rest of the world
2005
2006
2007
2008
2009
2010
1274.1
1787.3
2525.6
2128.7
-396.7
1141.6
1.0
782.8
142.8
0.5
819.8
144.8
1.0
1275.3
94.2
3.2
635.9
114.1
-4.9
18.1
111.8
2.7
391.9
68.7
2
3
4
68.0
24.9
59.4
467.0
76.6
488.6
89.5
428.9
81.4
-292.9
90.6
559.8
5
6
2.8
-26.8
54.6
12.8
-0.3
27.3
2.6
3.2
-6.4
-109.0
80.6
-4.4
19.7
-2.7
2.5
8.6
144.8
-3.4
-11.6
22.2
-5.6
2.2
-6.7
549.5
-180.7
-4.5
-30.1
1.1
6.1
255.5
-418.2
-48.0
3.3
-50.5
14.7
29.2
121.5
7.5
-97.9
-5.0
-1.6
-8.4
7
8
9
10
11
12
13
7
8
9
10
11
12
13
Monetary authority
Credit unions
14
15

52.2
19.5
39.7
50.9
25.8
67.6
40.2
46.8
1.9
-4.6
8.7
55.1
14
15
16
17
Finance companies
-1.9
28.2
11.6
13.7
17.7
-6.9
37.1
10.4
62.2
-91.2
-68.1
-11.8
16
17
18
19
20
REITs
Brokers and dealers
4.5
26.2
52.9
7.7
97.8
93.3
4.6
46.2
277.5
-2.7
-70.7
465.3
-13.8
19.8
-47.3
8.2
39.5
-48.7
18
19
20
1425.8
2439.5
2546.4
162.6
-8.6
942.6
21
21
22
23
24
25
Household sector
Farm business
58.0
442.2
256.0
1.3
37.4
719.5
378.9
4.1
66.1
932.3
328.4
3.4
55.1
-358.4
106.6
1.8
21.1
290.6
-162.3
1.7
43.8
546.0
-93.5
1.1
22
23
24
25
26
27
28

Federal government
Rest of the world
-8.9
-0.3
167.5
-3.9
3.1
694.5
74.5
1.9
606.5
25.2
-28.0
-307.4
48.9
35.4
192.9
125.2
-3.5
524.8
26
27
28
29
30
31
32
33
34
35
Monetary authority
Credit unions
-3.2
95.0
-32.2
99.0
0.1
-58.8
-0.3
0.1
23.9
-143.9
196.8
0.6
-4.5
0.8
25.8
39.1
14.7
99.2
6.1
6.2
11.0
530.2
134.8
364.4
182.1
-1.0
-25.4
8.4
-493.8
28.1
-120.7
57.2
-4.5
-6.2
6.4
7.8
-67.5
2.7
-60.2
4.5
-8.0
2.7
29
30
31
32
33
34
35
36
37
38
39
40

10.8
23.4
-10.4
-0.6
40.0
3.1
41.3
1.3
1.0
35.8
17.6
39.5
17.5
-0.6
33.3
6.8
37.2
11.3
-0.0
63.3
16.7
-22.5
21.6
0.5
61.9
0.4
2.8
-18.8
0.7
65.7
36
37
38
39
40
41
42
43

Mutual funds
-10.0
3.7
4.0
15.9
3.3
-3.2
31.8
2.8
27.0
-43.1
3.2
-42.6
11.3
-5.1
1.2
7.7
-12.0
29.3
41
42
43
44
45
46
47
Finance companies
REITs
Brokers and dealers
52.2
11.6
217.7
67.9
-30.2
7.8
425.1
31.1
1.7
-4.4
47.3
117.6
11.8
-0.8
-615.1
42.1
31.9
-8.5
54.9
-67.2
-15.9
7.4
-104.2
-46.5
44
45
46
47
-151.7
-652.2
-20.8
1966.1
-388.0
199.0
48
48
Discrepancy
48
FFA, 2005-2010, September 16, 2011
F.229 Identified Miscellaneous Financial Claims - Part I

Billions of dollars
2005
2006
2007
2008
2009
2010
U.S. direct investment abroad (1):

1
2
3
4
5
6
7
8
9
10
Liab.: Rest of the world

Equity
Reinvested earnings
Intercompany accounts
Asset: Nonfinancial corporate business
Finance companies
Brokers and dealers
36.2
61.9
-10.3
-15.4
24.7
0.5
10.8
1.4
4.5
-5.7
244.9
49.0
217.3
-21.4
219.2
-1.7
3.1
0.8
8.0
15.6
414.0
200.9
230.5
-17.3
307.0
32.8
17.6
5.8
26.4
24.4
329.1
127.0
233.1
-31.1
262.6
17.6
6.8
4.6
24.2
13.3
303.6
24.5
237.7
41.4
279.8
-10.8
16.7
2.1
8.6
7.2
351.4
47.7
320.5
-16.9
322.1
-1.1
0.4
3.0
12.5
14.5
1
2
3
4
5
6
7
8
9
10
98.7
0.1
9.4
-0.1
0.4
6.3
-2.6
0.6
112.6
70.7
41.7
0.2
191.0
0.2
13.8
23.1
14.4
5.2
-5.1
0.6
243.2
115.0
69.1
59.0
211.6
0.3
-0.8
7.1
-1.0
-5.6
9.0
0.6
221.2
142.3
48.2
30.7
189.5
-0.2
24.8
14.9
12.5
12.2
55.8
0.6
310.1
255.7
39.1
15.2
112.0
0.5
15.3
7.0
7.7
12.1
3.5
0.6
158.6
134.3
13.5
10.8
186.2
-0.0
7.5
2.3
6.8
2.4
30.5
0.6
236.2
114.7
93.7
27.8
11
12
13
14
15
16
17
18
19
20
21
22
1.3
1.3
2.0
2.0
1.7
1.7
1.4
1.4
1.7
1.7
2.3
2.3
23
24
1.6
1.6
1.8
1.8
3.1
3.1
2.6
2.6
4.6
4.6
0.9
0.9
25
26
1.9
0.0
-0.1
0.1
0.0
0.8
1.1
0.1
-0.1
0.2
0.0
0.1
0.2
0.0
2.7
-2.9
0.2
0.0
9.1
0.0
0.3
0.5
0.0
3.8
3.3
0.6
0.6
-4.2
0.0
1.6
-0.6
0.0
-1.0
-5.4
0.3
1.0
0.0
0.0
0.0
0.0
0.0
-0.9
1.6
-0.4
-0.3
-2.7
0.0
0.0
0.5
0.0
-1.8
-1.2
-0.2
-0.0
27
28
29
30
31
32
33
34
35
40.0
3.7
9.7
-38.9
68.2
82.7
114.1
0.6
2.7
3.2
39.8
160.4
130.7
0.2
5.3
41.5
-110.0
67.8
46.6
2.5
-12.5
-7.3
59.4
88.7
106.9
10.6
9.3
-23.3
-87.9
15.5
-46.7
-1.0
22.2
-36.2
-0.7
-62.3
36
37
38
39
40
41
64.4
64.4
22.9
22.9
-54.8
-54.8
-1.1
-1.1
-9.3
-9.3
20.3
20.3
42
43
21.0
46.9
67.9
8.6
22.6
31.1
43.7
73.9
117.6
35.6
6.4
42.1
-73.5
6.3
-67.2
-31.5
-15.0
-46.5
44
45
46
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.4
1.2
1.2
7.9
4.0
4.0
47
48
49
Foreign direct investment in U.S. (1):

11
12
13
14
15
16
17
18
19
20
21
22

Finance companies
Brokers and dealers
Asset: Rest of the world
Equity
Reinvested earnings
Intercompany accounts
Federal government equity in IBRD, etc.:
23
24

Federal Reserve Bank stock:
25
26

Equity in govt.-sponsored enterprises:
27
28
29
30
31
32
33
34
35
Liab.: Government-sponsored enterprises

Asset: Nonfin. corporate business (Fannie Mae)
Nonfarm noncorporate (Farm Credit System)
Farm business (Farm Credit System)
Federal government
U.S.-chartered commercial banks (FHLB)
Savings institutions (FHLB)
BHC investment in subsidiaries:
36
37
38
39
40
41
Liab.: U.S.-chartered commercial banks

Finance companies
Brokers and dealers
Asset: Bank holding companies
NFC investment in finance company subs.:
42
43
Liab.: Finance companies

Funding corp. investment in subs.:
44
45
46
Liab.: Foreign banking offices in U.S.

Brokers and dealers
Asset: Funding corporations
Equity investment under Public-Private Inv. Program:
47
48
49
Liab.: Funding corporations

Asset: Households (2)
Federal government
(1) Direct investment is valued on a current-cost basis. Excludes capital gains and losses. Components of direct investment--equity, reinvested earnings, intercompany accounts-are not available before 1982.
(2) Funds invested by financial institutions such as domestic hedge funds through the Public-Private Investment Program (PPIP).
FFA, 2005-2010, September 16, 2011
49
F.230 Identified Miscellaneous Financial Claims - Part II

Billions of dollars
2005
2006
2007
2008
2009
2010
Nonofficial foreign currencies:

1
2
3

-2.2
-2.2
0.0
-0.0
-0.0
0.0
23.9
-0.1
24.0
529.8
0.0
529.7
-543.3
0.2
-543.5
-10.1
0.1
-10.2
1
2
3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4
5
0.8
0.8
-0.2
-0.2
1.9
1.9
-5.4
-5.4
0.4
0.4
-1.5
-1.5
6
7
1.0
1.0
0.5
0.5
1.0
1.0
3.2
3.2
-4.9
-4.9
2.7
2.7
8
9
Postal Savings System deposits:

4
5
Liab.: Federal government

Deposits at Federal Home Loan Banks:
6
7

Asset: Savings institutions
Deferred and unpaid life insurance premiums:
8
9

Asset: Life insurance companies
Life insurance company reserves:
10
11
12
13
Liab.: Life insurance companies

Accident and health
Policy dividend accumulation
Contract claims
9.5
7.9
1.0
0.6
14.8
11.5
0.8
2.5
15.5
13.5
0.2
1.8
17.6
19.5
-3.4
1.5
8.4
9.7
-1.1
-0.1
14.8
14.7
0.4
-0.4
10
11
12
13
14
9.5
14.8
15.5
17.6
8.4
14.8
14
Policy payables:
15
Liab.: Property-casualty insurance companies
52.3
16.6
18.7
25.4
-5.0
6.3
15
16
17
18
19

Farm business
25.6
20.7
4.9
1.2
4.6
6.6
1.6
3.9
6.7
7.4
1.7
2.9
11.0
9.9
2.1
2.4
-5.1
-1.8
0.2
1.7
2.6
2.5
0.6
0.6
16
17
18
19
-1.4
-1.4
-1.5
-1.5
26.3
26.3
38.2
38.2
10.1
10.1
-4.4
-4.4
20
21
-1.9
-1.9
-2.0
-2.0
4.4
4.4
0.7
0.7
2.5
2.5
-1.2
-1.2
22
23
174.9
174.9
302.6
302.6
-2.1
-2.1
-353.2
-353.2
-30.2
-30.2
-123.5
-123.5
24
25
40.0
40.0
35.8
35.8
33.3
33.3
63.3
63.3
61.9
61.9
65.7
65.7
26
27
23.0
23.0
18.1
18.1
43.9
43.9
26.5
26.5
16.6
16.6
22.5
22.5
28
29
Unallocated insurance company contracts:

20
21

Asset: Private pension funds
Pension fund contributions payable:
22
23

Securities borrowed (net):
24
25

Asset: Brokers and dealers
Nonmarketable government securities:
26
27

Asset: Federal government retirement funds
Retiree health care funds (2):
28
29

(2) Includes Uniform Services Retiree Health Care Fund and Postal Service Retiree Health Benefits Fund.
50
FFA, 2005-2010, September 16, 2011
F.231 Unidentified Miscellaneous Financial Claims

Billions of dollars
2005
2007
2008
2009
2010
609.4
696.2
1579.1
1014.1
-323.0
663.0
2
3

686.0
142.7
630.8
144.6
1059.3
93.9
445.6
114.3
-96.4
111.3
207.0
68.8
2
3
4
5
6
Federal government
Rest of the world
Monetary authority
5.0
-10.4
1.1
5.6
220.1
1.4
-0.6
49.0
-0.7
-0.3
-431.3
-0.5
2.9
-54.8
1.5
2.4
216.2
28.3
4
5
6
7
8
9
10

-66.8
24.2
12.8
-0.3
-120.5
-131.3
80.6
-4.4
-122.2
101.9
-3.4
-11.6
-53.3
489.1
-180.7
-4.5
148.6
-360.0
-48.0
3.3
168.2
31.5
-97.9
-5.0
7
8
9
10
11
12
13
14
Credit unions
23.6
2.6
1.4
-4.6
19.1
-2.7
20.5
11.6
22.0
-5.6
21.4
6.7
-32.6
1.1
-9.0
46.7
-61.1
14.7
-40.1
61.8
-0.6
-8.4
15.7
-63.9
11
12
13
14
15
16
17
18
Finance companies
REITs
Brokers and dealers
-3.7
4.5
-86.2
-122.6
-17.8
7.7
40.6
-209.9
12.0
4.6
73.4
278.9
6.5
-2.7
-192.2
817.9
-70.7
-13.8
97.9
-20.1
1.6
8.2
24.7
66.3
15
16
17
18
761.0
1348.3
1599.9
-952.0
65.0
464.0
19
332.4
251.2
-8.9
470.9
377.2
-3.9
672.7
326.4
74.5
-629.9
102.9
25.2
21.9
-162.6
48.9
201.2
-94.2
125.2
20
21
22
0.6
54.9
-3.2
1.0
451.4
0.1
0.4
385.4
1.8
-29.4
-617.5
0.5
32.3
34.3
49.6
-9.8
288.6
18.0
23
24
25
19
2006
20
21
22

23
24
25
Federal government
Rest of the world
Monetary authority
26
27
28
29

92.0
-32.2
16.2
0.1
21.1
-143.9
36.5
0.6
-0.6
14.7
31.5
6.1
115.7
364.4
93.4
-1.0
35.2
-120.7
41.7
-4.5
-65.4
2.7
2.1
4.5
26
27
28
29
30
31
Credit unions
-60.6
-0.5
-1.4
0.6
1.0
10.4
-14.6
8.1
-8.2
6.8
-5.3
2.9
30
31
32
33
34

21.1
-7.1
-0.6
40.0
4.8
1.0
32.1
-13.2
-0.6
28.5
-27.6
-0.0
-19.3
9.0
0.5
-2.9
-13.2
0.7
32
33
34
35
36
37

Mutual funds
-10.0
3.7
4.0
15.9
3.3
-3.2
31.8
2.8
27.0
-43.1
3.2
-42.6
11.3
-5.1
1.2
7.7
-12.0
29.3
35
36
37
38
39
40
Finance companies
REITs
Brokers and dealers
47.7
11.6
48.5
-38.2
7.8
106.9
-24.7
-4.4
24.9
-12.4
-0.8
-275.1
23.3
-8.5
78.0
-28.4
7.4
4.7
38
39
40
-151.7
-652.2
-20.8
1966.1
-388.0
199.0
41
41
Discrepancy
FFA, 2005-2010, September 16, 2011
51
F.11 Sector Discrepancies

Billions of dollars
2005
All sectors
2006
2007
2008
2009
2010
-31.5
152.9
-115.2
1005.7
-160.0
164.6
2
3
4
Household sector
Nonfarm nonfinancial corporate business
Corporate farms
61.9
160.7
-40.4
268.8
135.2
-51.1
-241.0
128.2
-25.0
-58.0
937.0
-1.7
103.8
-311.6
-3.6
-257.1
74.2
-7.2
2
3
4
5
6
7

Federal government
Rest of the world
-73.3
22.7
13.9
-52.3
13.1
-6.9
-19.1
23.4
98.3
-44.2
85.5
-63.0
-90.5
-36.7
132.2
-49.2
-39.3
225.7
5
6
7
Financial sectors
-176.9
-154.0
-80.0
150.0
46.3
217.3
3.4
-123.7
0.2
1.7
-0.5
-7.9
2.4
1.6
-160.2
-1.2
3.1
-0.1
-5.8
1.3
-2.8
-136.2
2.6
-4.9
-7.1
24.3
2.3
-0.2
-33.1
-5.1
-12.9
-1.1
54.4
3.7
-6.0
238.1
1.3
-9.8
5.3
3.4
5.6
-10.1
141.0
1.1
-7.0
0.8
-8.7
1.8
9
10
11
12
13
14
15
9
10
11
12
13
14
15
Monetary authority
Foreign banking officed in U.S.
Credit unions
16
17

-16.0
-10.6
30.1
-29.1
3.1
-50.7
-0.6
-59.4
-15.1
-82.4
38.8
-8.2
16
17
18
19
Mutual funds
21.1
-14.8
11.4
-1.9
13.4
27.7
-5.7
107.8
-83.3
52.2
-103.6
57.7
18
19
20
21
22
23
Issuers of asset-backed securities

Finance companies
REITs
Brokers and dealers
0.0
-27.1
5.3
-10.3
0.0
22.6
-0.9
-24.7
0.0
20.8
31.9
-4.3
0.0
36.3
-5.8
71.9
0.0
14.9
-15.8
-62.1
0.0
61.3
29.3
22.9
20
21
22
23
-31.5
152.9
-115.2
1005.7
-160.0
164.6
0.7
12.3
-1.1
106.8
-1.2
196.5
-0.8
-347.1
-4.4
-74.5
-1.1
18.1
2
3
-3.6
106.3
-1.9
304.5
1.8
-225.0
30.6
-588.2
34.4
403.1
-20.2
-83.1
4
5
-4.9
0.0
-6.6
1.7
-3.0
0.0
-3.0
-0.0
1.0
0.0
1.2
-0.1
-5.2
0.0
-3.3
-2.0
-0.3
0.0
0.7
-1.0
-1.1
0.0
0.0
-1.1
6
7
8
9
F.12 Instrument Discrepancies

Billions of dollars
1
All types
2
3
Treasury currency
Foreign deposits
4
5

Security RPs
6
7
8
9
Mail floats
Federal government
Private domestic
10
11
Trade credit
Taxes payable
-30.4
-45.6
145.9
17.3
-46.4
-34.6
5.4
-57.7
-13.2
-29.8
92.0
-33.3
10
11
12
Miscellaneous
-151.7
-652.2
-20.8
1966.1
-388.0
199.0
12
13
Nonfinancial
85.4
236.4
13.5
2.6
-87.3
-5.7
13
-95.1
5.0
4.7
-242.3
1.3
4.6
-12.0
-6.3
4.7
-2.4
-5.0
4.8
77.4
5.0
4.9
0.8
0.0
4.9
14
15
16
14
15
16
Nonfinancial components (sign reversed):

Statistical discrepancy (NIPA)
Private wage accruals less disbursements
Contr. for govt. soc. insur., U.S. affiliated areas
52
FFA, 2005-2010, September 16, 2011
L.1 Credit Market Debt Outstanding (1)

Billions of dollars
1
2
3
4
5
6
7
8
Total credit market debt owed by:

Household sector
Farm business
Federal government
2005
2006
2007
2008
2009
2010
41280.9
45355.1
50044.6
52433.8
52346.8
52494.4
26770.8
29181.1
31700.8
33605.9
34641.0
36068.2
11765.0
5472.4
2786.9
190.1
1854.5
4701.9
12944.3
5943.5
3195.6
204.3
2008.2
4885.3
13807.6
6702.5
3650.3
218.9
2199.2
5122.3
13842.6
6955.1
3972.1
224.0
2250.7
6361.5
13617.1
6967.6
3672.9
217.7
2360.3
7805.4
13379.3
7132.8
3474.6
228.7
2467.2
9385.6
3
4
5
6
7
8
Rest of the world
1513.9
1882.6
2126.3
1708.8
2090.3
2273.1
10
Financial sectors
12996.2
14291.4
16217.5
17119.1
15615.5
14153.1
10
11
12
13

393.6
0.8
429.5
497.8
0.5
503.3
629.6
0.5
632.7
708.6
0.0
716.6
576.1
0.0
1089.5
824.9
0.0
1046.9
11
12
13
14
15
Credit unions
427.3
14.7
319.1
18.9
423.3
32.3
356.1
40.6
152.3
26.5
127.4
26.1
14
15
16
17
18
19

ABS issuers
11.5
2592.2
3548.5
3391.9
14.2
2627.8
3841.1
4199.5
28.7
2910.2
4464.4
4543.8
54.9
3181.9
4961.4
4135.8
48.3
2706.6
5376.7
3368.5
45.1
6434.5
1139.5
2343.5
16
17
18
19
20
21
22
23
Finance companies
REITs
Brokers and dealers
1108.6
395.5
62.4
619.9
1144.2
411.0
68.8
645.3
1279.6
421.2
64.8
786.4
1200.3
367.4
142.6
1252.8
1044.1
317.4
92.9
816.8
962.1
321.9
129.7
751.4
20
21
22
23
41280.9
45355.1
50044.6
52433.8
52346.8
52494.4
24
5390.3
5649.2
6223.1
6032.7
6587.5
6844.2
25
3327.2
340.4
96.8
1352.0
273.8
3463.1
328.8
96.7
1480.6
279.9
4072.3
249.7
106.7
1507.8
286.5
3963.9
217.5
95.8
1382.4
373.1
4254.4
223.9
88.3
1351.6
669.2
4427.8
229.3
84.0
1348.6
754.5
26
27
28
29
30
24
25
26
27
28
29
30
Total credit market assets held by:

Household sector
Federal government
31
Rest of the world
5191.3
6199.7
7272.6
7504.6
7724.6
8375.8
31
32
Financial sectors
30699.3
33506.2
36549.0
38896.4
38034.8
37274.4
32
33
34
35
36
37
38
39
Monetary authority
Credit unions
744.2
6487.4
657.8
32.2
101.0
1617.1
592.6
778.9
7144.1
761.6
36.0
99.3
1533.2
622.7
740.6
7666.8
963.3
59.1
92.8
1596.1
657.9
986.0
8197.9
1063.7
73.0
90.9
1320.0
697.9
1987.7
8071.7
782.7
75.8
88.1
1070.4
731.0
2259.2
8270.4
753.1
97.9
68.9
1081.0
744.3
33
34
35
36
37
38
39
40
41
42
43
44

819.3
2753.9
699.9
693.4
76.0
864.1
2786.4
758.3
808.0
84.3
869.3
2871.2
860.8
820.3
96.1
853.4
2882.8
951.4
833.5
120.3
886.7
3022.6
1063.0
824.7
127.7
890.6
3174.2
1171.0
816.5
138.7
40
41
42
43
44
45
46
47
48
49
50
51

Mutual funds
Closed-end funds
ABS issuers
1340.8
1747.1
165.8
15.0
2543.9
3548.5
3288.0
1560.8
1932.0
171.8
20.7
2590.5
3841.1
4087.6
1936.4
2203.1
170.9
34.0
2829.5
4464.4
4429.0
2675.0
2276.4
129.9
57.0
3037.5
4961.4
4037.6
2031.0
2657.2
139.2
102.9
2699.7
5376.7
3304.9
1621.0
3031.4
143.5
132.6
6333.1
1139.5
2289.7
45
46
47
48
49
50
51
52
53
54
55
Finance companies
REITs
Brokers and dealers
1740.6
240.3
477.2
317.4
1811.6
266.4
583.4
363.5
1828.2
246.5
803.1
309.2
1755.9
177.6
717.4
999.9
1532.6
168.9
525.3
764.4
1482.8
206.0
557.5
871.7
52
53
54
55
(1) Excludes corporate equities and mutual fund shares.
FFA, 2005-2010, September 16, 2011
53
L.2 Credit Market Debt Owed by Nonfinancial Sectors

Billions of dollars
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
Domestic
By instrument
Commercial paper
Treasury securities
Corporate bonds
Bank loans n.e.c.
Mortgages
Home
Commercial
Farm
Consumer credit
By sector
Household sector
Corporate
Farm
Federal government
2005
2006
2007
2008
2009
2010
26770.8
29181.1
31700.8
33605.9
34641.0
36068.2
26770.8
90.1
4678.0
23.8
2225.8
3031.1
1225.0
1247.1
29181.1
112.5
4861.7
23.5
2403.2
3246.7
1400.7
1403.7
31700.8
123.8
5099.2
23.1
2618.8
3557.9
1647.4
1714.7
33605.9
131.5
6338.2
23.3
2680.2
3762.5
1839.9
1789.6
34641.0
58.4
7781.9
23.5
2809.5
4139.7
1553.5
1635.8
36068.2
82.9
9361.5
24.2
2928.0
4560.3
1577.7
1455.3
2
3
4
5
6
7
8
9
11929.3
9386.6
642.0
1795.8
104.8
2320.6
13313.1
10458.2
682.4
2064.4
108.0
2416.0
14360.5
11169.4
764.1
2314.3
112.7
2555.3
14446.6
11068.2
815.2
2428.5
134.7
2594.1
14159.8
10867.7
822.4
2338.4
131.3
2478.9
13643.6
10524.0
811.7
2171.6
136.3
2434.7
10
11
12
13
14
15
26770.8
11765.0
8449.5
5472.4
2786.9
190.1
1854.5
4701.9
29181.1
12944.3
9343.4
5943.5
3195.6
204.3
2008.2
4885.3
31700.8
13807.6
10571.7
6702.5
3650.3
218.9
2199.2
5122.3
33605.9
13842.6
11151.2
6955.1
3972.1
224.0
2250.7
6361.5
34641.0
13617.1
10858.2
6967.6
3672.9
217.7
2360.3
7805.4
36068.2
13379.3
10836.1
7132.8
3474.6
228.7
2467.2
9385.6
16
17
18
19
20
21
22
23
24
Foreign credit market debt

held in U.S.
1513.9
1882.6
2126.3
1708.8
2090.3
2273.1
24
25
26
27
28
Commercial paper
Bonds
Bank loans n.e.c.
384.0
1011.6
84.4
34.0
482.3
1275.5
98.3
26.6
413.0
1587.1
102.8
23.4
342.0
1237.3
107.9
21.6
401.3
1570.3
96.8
21.9
398.6
1737.3
115.1
22.1
25
26
27
28
28284.7
31063.8
33827.1
35314.7
36731.3
38341.4
29
12996.2
14291.4
16217.5
17119.1
15615.5
14153.1
1170.2
2592.2
3548.5
4651.1
268.6
620.2
145.5
1363.2
2627.8
3841.1
5459.6
206.2
641.4
152.1
1251.8
2910.2
4464.4
6290.1
277.1
867.1
156.7
1125.8
3181.9
4961.4
6012.8
773.2
900.5
163.5
677.6
2706.6
5376.7
5798.4
271.5
617.9
166.9
575.9
6434.5
1139.5
5175.0
181.3
473.2
173.8
2
3
4
5
6
7
8
12996.2
14291.4
16217.5
17119.1
15615.5
14153.1
393.6
0.8
429.5
427.3
14.7
497.8
0.5
503.3
319.1
18.9
629.6
0.5
632.7
423.3
32.3
708.6
0.0
716.6
356.1
40.6
576.1
0.0
1089.5
152.3
26.5
824.9
0.0
1046.9
127.4
26.1
10
11
12
13
14
29
Domestic and foreign
L.3 Credit Market Debt Owed by Financial Sectors

Billions of dollars
1
2
3
4
5
6
7
8
9
By instrument
Open market paper
GSE issues
Agency- and GSE-backed mortgage pool sec.
Corporate bonds
Bank loans n.e.c.
Mortgages
By sector
10
11
12
13
14

Credit unions
15
16
17
18

ABS issuers
11.5
2592.2
3548.5
3391.9
14.2
2627.8
3841.1
4199.5
28.7
2910.2
4464.4
4543.8
54.9
3181.9
4961.4
4135.8
48.3
2706.6
5376.7
3368.5
45.1
6434.5
1139.5
2343.5
15
16
17
18
19
20
21
22
Finance companies
REITs
Brokers and dealers
1108.6
395.5
62.4
619.9
1144.2
411.0
68.8
645.3
1279.6
421.2
64.8
786.4
1200.3
367.4
142.6
1252.8
1044.1
317.4
92.9
816.8
962.1
321.9
129.7
751.4
19
20
21
22
54
FFA, 2005-2010, September 16, 2011
L.4 Credit Market Debt, All Sectors, by Instrument

Billions of dollars
1
2
3
4
5
6
7
8
9
10
11
12
Total
Open market paper
Treasury securities
Bank loans n.e.c.
Mortgages
Consumer credit
Memo:
Selected claims not included above:
Corporate equities
Mutual fund shares
2005
2006
2007
2008
2009
2010
41280.9
45355.1
50044.6
52433.8
52346.8
52494.4
1644.2
4678.0
6164.5
2225.8
8693.8
1958.0
4861.7
6492.4
2403.2
9981.8
1788.6
5099.2
7397.7
2618.8
11435.1
1599.3
6338.2
8166.7
2680.2
11012.5
1137.4
7781.9
8106.8
2809.5
11508.4
1057.5
9361.5
7598.2
2928.0
11472.5
2
3
4
5
6
1577.9
1901.2
12074.7
2320.6
1705.2
2071.6
13465.1
2416.0
2027.3
2605.3
14517.3
2555.3
2721.1
2711.7
14610.1
2594.1
1921.8
2275.6
14326.7
2478.9
1874.1
1950.6
13817.4
2434.7
7
8
9
10
20636.1
6048.9
24339.3
7068.3
25580.9
7829.0
15640.5
5435.3
20123.2
6961.6
23247.0
7934.5
11
12
L.5 Total Liabilities and Its Relation to Total Financial Assets

Billions of dollars
1
2
3
4
5
6
Total credit market debt

(from table L.4)
SDR certificates
Treasury currency
Foreign deposits
41280.9
45355.1
50044.6
52433.8
52346.8
52494.4
61.1
2.2
27.5
997.8
197.4
62.2
2.2
28.1
1085.0
186.1
67.3
2.2
27.4
1340.9
88.6
74.2
2.2
26.6
946.7
1890.5
175.1
5.2
26.2
840.6
1281.5
175.8
5.2
25.9
912.3
1091.6
2
3
4
5
6
1527.2
4598.1
1789.5
2006.9
1748.5
1507.3
4945.1
2050.8
2312.1
2151.7
1532.9
5224.5
2382.2
3033.1
2159.8
2101.3
5749.3
2191.6
3757.3
1270.3
2093.4
6326.5
1989.8
3258.3
1452.4
2359.8
6624.9
1807.5
2755.3
1227.4
7
8
9
10
11
7
8
9
10
11

Large time deposits
Security RPs
12
13
14
15
Mutual fund shares

Security credit
6048.9
1038.4
1082.6
11460.1
7068.3
1249.9
1163.7
12750.6
7829.0
1526.4
1201.5
13390.7
5435.3
1128.5
1179.8
10408.5
6961.6
1091.2
1242.1
11914.5
7934.5
1214.8
1278.3
13102.3
12
13
14
15
16
17
18
Trade payables
Taxes payable
Miscellaneous
3003.6
214.5
14386.4
3195.9
237.0
15766.6
3398.0
167.7
17619.2
3221.5
44.0
20102.4
3157.5
39.0
19907.9
3380.6
51.2
20815.9
16
17
18
19
Total liabilities
91471.5
101117.7
111036.0
111963.7
114109.6
117257.6
19
20
21
22
+ Financial assets not included in

liabilities:
Gold
Corporate equities
Household equity in noncorp. bus.
11.0
20636.1
7965.5
11.0
24339.3
8893.6
11.0
25580.9
8755.8
11.0
15640.5
7147.8
11.0
20123.2
6241.7
11.0
23247.0
6818.5
20
21
22
23
24
25
- Liabilities not identified as assets:

Treasury currency
Foreign deposits
-9.1
779.5
21.3
-10.1
886.3
19.3
-11.3
1082.9
21.1
-12.1
735.8
51.7
-16.5
661.3
86.1
-17.6
679.4
61.8
23
24
25
683.3
-18.1
-5288.1
856.9
-48.1
-6520.1
622.8
-174.8
-7110.3
26.6
-345.3
-4699.2
404.0
-377.0
-5323.7
290.1
-397.7
-5353.9
26
27
28
0.0
1.8
7.4
10.0
0.0
0.1
7.4
159.2
0.0
2.8
7.3
112.8
0.0
1.2
5.3
118.2
0.0
2.0
4.2
105.0
0.0
2.5
3.2
188.3
29
30
31
32
123896.0
139010.9
150830.5
138880.8
144939.9
151878.2
33
26
27
28
Security RPs
Taxes payable
Miscellaneous
29
30
31
32
- Floats not included in assets:

Checkable deposits: State and local govt.
Federal govt.
Private domestic
Trade credit
33
Totals identified to sectors as assets
FFA, 2005-2010, September 16, 2011
55
L.10 Assets and Liabilities of the Personal Sector (1)

Billions of dollars
Total financial assets
2
3
4
5
Foreign deposits
Securities
7
8
9
10
Open market paper

U.S. savings bonds
11
12
13
14
Mutual fund shares
2005
2006
2007
2008
2009
2010
37564.9
42391.4
45486.7
37846.0
41787.2
44756.7
59.9
591.0
5238.0
1018.2
65.2
621.9
5744.8
1186.6
80.5
605.9
6247.9
1421.0
56.9
811.4
6440.9
1657.2
50.5
861.0
6540.9
1382.6
54.8
731.0
6770.5
1195.7
2
3
4
5
15002.5
17226.8
18239.5
12948.4
15723.7
17611.4
98.4
205.1
315.4
496.8
117.5
202.4
238.1
405.6
107.3
196.4
118.6
668.9
6.0
194.0
104.0
712.1
34.6
191.2
658.7
114.3
63.4
187.9
963.2
205.5
7
8
9
10
825.3
1298.7
8093.6
3669.1
877.8
1552.8
9644.6
4188.1
901.3
2017.2
9633.2
4596.8
908.7
1955.0
5742.7
3325.9
1014.7
2167.2
7365.9
4177.2
1094.6
1846.5
8532.6
4717.7
11
12
13
14
15
16
17
18
Private life insurance reserves

Private insured pension reserves
Private noninsured pension reserves
Govt. insurance and pension reserves
1039.9
2197.4
5427.8
3877.6
1119.5
2332.4
6120.5
4341.8
1156.1
2450.8
6444.8
4540.5
1133.4
2184.6
4588.0
3682.2
1194.5
2323.0
5507.4
4131.7
1229.9
2504.7
6148.3
4497.8
15
16
17
18
19
Miscellaneous and other assets
3112.6
3631.8
4299.6
4342.9
4071.9
4012.6
19
16430.0
18270.0
19770.8
20114.0
19700.9
19401.4
20
20
Total liabilities
21
22
23
Mortgage debt on nonfarm homes

Other mortgage debt
Consumer credit
9355.5
1821.0
2320.6
10418.8
2051.2
2416.0
11127.2
2340.1
2555.3
11035.5
2582.7
2594.1
10847.3
2515.8
2478.9
10510.5
2411.1
2434.7
21
22
23
24
25
26
Policy loans
Security credit
Other liabilities
107.6
232.4
2592.9
110.9
292.1
2981.0
114.5
325.5
3308.1
120.4
164.8
3616.5
121.1
203.0
3534.8
124.5
278.2
3642.5
24
25
26
(1) Combined statement for households and nonprofit organizations, nonfarm nonfinancial noncorporate business, and noncorporate farm business.
(2) Directly held and those in closed-end and exchange-traded funds. Other equities are included in mutual funds (line 14) and life insurance and pension reserves (lines 15, 16, 17, and 18).
56
FFA, 2005-2010, September 16, 2011
L.100 Households and Nonprofit Organizations (1)

Billions of dollars
1
2
3
4
5
6
7

Deposits
Foreign deposits
2005
2006
2007
2008
2009
2010
42922.0
48158.7
50635.0
41291.1
44605.9
48315.3
6139.9
6753.1
7406.0
8013.5
7954.4
7913.9
59.9
216.9
4913.9
949.2
65.2
173.1
5400.4
1114.5
80.5
90.3
5888.5
1346.7
56.9
292.0
6082.8
1581.8
50.5
380.0
6210.8
1313.1
54.8
273.0
6456.4
1129.6
3
4
5
6
3327.2
3463.1
4072.3
3963.9
4254.4
4427.8
98.4
464.3
205.1
259.2
496.8
117.5
384.1
202.4
181.7
405.6
107.3
255.6
196.4
59.2
668.9
6.0
246.1
194.0
52.2
712.1
34.6
802.1
191.2
610.9
114.3
63.4
1105.6
187.9
917.7
205.5
8
9
10
11
12
8
9
10
11
12
Open market paper

Treasury securities
Savings bonds
Other Treasury
13
14
15
16
Mortgages
820.9
1298.7
8.7
139.4
872.0
1552.8
9.1
122.1
896.0
2017.2
17.6
109.8
903.8
1955.0
29.7
111.2
1010.2
2167.2
24.5
101.5
1090.3
1846.5
26.2
90.2
13
14
15
16
17
18
19
20
21
22
23

Mutual fund shares
Security credit
8093.6
3669.1
575.3
1082.6
11460.1
7965.5
608.7
9644.6
4188.1
655.7
1163.7
12750.6
8893.6
646.1
9633.2
4596.8
866.4
1201.5
13390.7
8755.8
712.2
5742.7
3325.9
742.7
1179.8
10408.5
7147.8
766.3
7365.9
4177.2
668.6
1242.1
11914.5
6241.7
787.1
8532.6
4717.7
694.3
1278.3
13102.3
6818.5
830.0
17
18
19
20
21
22
23
12206.1
13459.2
14371.5
14264.6
14083.3
13941.4
24
11765.0
12944.3
13807.6
13842.6
13617.1
13379.3
25
8878.5
2320.6
205.2
9867.7
2416.0
224.1
10542.1
2555.3
241.2
10494.5
2594.1
249.3
10347.9
2478.9
264.1
10048.4
2434.7
268.1
26
27
28
36.4
119.0
205.3
86.4
123.8
226.5
99.7
127.0
242.2
117.7
133.2
253.8
147.8
133.7
244.7
263.2
136.1
228.8
29
30
31
232.4
186.3
292.1
199.9
325.5
214.5
164.8
230.2
203.0
241.2
278.2
259.3
32
33
22.4
22.8
23.9
27.0
22.1
24.7
34
24
25
Total liabilities
26
27
28
Home mortgages (4)

Consumer credit
29
30
31

32
33
34
Security credit
Trade payables
Deferred and unpaid
(1) Sector includes farm households and domestic hedge funds. Supplementary tables (tables F.100.a and L.100.a) show estimates of annual flows and year-end outstandings of nonprofit organizations.
(3) Directly held and those in closed-end and exchange-traded funds. Other equities are included in mutual fund shares (line 18) and life insurance and pension reserves (lines 20 and 21).
(4) Includes loans made under home equity lines of credit and home equity loans secured by junior liens, shown on table L.218, line 24.
(5) Includes loans extended by the Federal Reserve to financial institutions such as domestic hedge funds through the Term Asset-Backed Securities Loan Facility (TALF), shown on table L.109, line 15.
FFA, 2005-2010, September 16, 2011
57
L.101 Nonfinancial Business (1)

Billions of dollars
2006
2007
2008
2009
2010
14505.3
15784.0
17358.0
16630.8
17012.3
17772.6
2
3
4
5
6
Foreign deposits
Security RPs
63.6
646.2
774.5
417.1
14.6
49.3
604.5
841.4
488.5
15.5
50.3
662.9
800.7
618.7
8.1
24.7
558.0
740.0
777.9
7.2
31.6
656.1
821.3
715.6
8.0
72.2
875.9
787.9
583.6
12.4
2
3
4
5
6
437.2
425.6
356.4
313.4
312.3
313.4
111.0
108.3
17.4
36.6
104.4
59.6
122.7
101.8
15.2
33.9
94.5
57.6
69.5
97.7
12.8
34.5
83.5
58.6
57.3
82.3
10.2
31.1
72.8
59.8
56.9
86.9
13.0
31.8
66.4
57.2
72.7
84.9
13.2
25.3
61.3
56.0
8
9
10
11
12
13
140.0
2539.2
9472.9
180.7
2560.8
10617.7
191.1
2778.7
11891.2
125.8
2603.7
11480.0
190.2
2596.5
11680.7
222.9
2716.7
12187.5
14
15
16
15406.0
16632.3
18315.2
19074.4
18636.6
18864.0
17
8
9
10
11
12
13
14
15
16
17
18
2005
Commercial paper
Treasury securities
Mortgages
Consumer credit
Mutual fund shares
Trade receivables
Total liabilities
8449.5
9343.4
10571.7
11151.2
10858.2
10836.1
18
19
20
21
Commercial paper
Corporate bonds
90.1
176.8
3031.1
112.5
182.2
3246.7
123.8
190.3
3557.9
131.5
193.0
3762.5
58.4
198.5
4139.7
82.9
207.1
4560.3
19
20
21
22
23
24
Bank loans n.e.c.

Mortgages
1188.5
1117.4
2845.5
1314.3
1268.7
3219.0
1547.7
1575.8
3576.2
1722.2
1643.7
3698.3
1405.7
1488.5
3567.2
1314.5
1304.8
3366.5
22
23
24
2035.1
172.9
4748.5
2161.7
181.1
4946.1
2272.8
135.3
5335.4
2053.4
145.1
5724.7
1936.1
134.1
5708.3
2104.3
133.2
5790.3
25
26
27
25
26
27
Trade payables
Taxes payable
(1) Combined statement for nonfarm nonfinancial corporate business, nonfarm noncorporate business, and farm business.
58
FFA, 2005-2010, September 16, 2011
L.102 Nonfarm Nonfinancial Corporate Business

Billions of dollars
2006
2007
2008
2009
2010
11896.0
12653.2
13746.1
12920.2
13582.5
14504.4
2
3
4
5
6
Foreign deposits
Security RPs
63.6
267.8
450.4
348.2
14.6
49.3
150.9
497.0
416.3
15.5
50.3
141.9
441.3
544.4
8.1
24.7
32.7
381.9
702.6
7.2
31.6
168.7
491.2
646.1
8.0
72.2
410.4
473.9
517.5
12.4
2
3
4
5
6
340.4
328.8
249.7
217.5
223.9
229.3
111.0
52.1
17.4
32.1
68.3
59.6
122.7
45.5
15.2
28.1
59.8
57.6
69.5
38.3
12.8
29.2
41.4
58.6
57.3
30.5
10.2
26.2
33.6
59.8
56.9
39.1
13.0
27.3
30.3
57.2
72.7
39.5
13.2
21.0
27.0
56.0
8
9
10
11
12
13
8
9
10
11
12
13
2005
Commercial paper
Treasury securities
Mortgages
Consumer credit
14
15
Mutual fund shares

Trade receivables
140.0
2108.2
180.7
2090.0
191.1
2253.0
125.8
2081.1
190.2
2114.6
222.9
2258.4
14
15
16
17
18
19
20
21
U.S. direct investment abroad (1)
Equity in GSEs
Investment in finance company subs.
Other
8162.9
2205.7
276.2
0.0
117.0
5564.0
8924.7
2440.7
282.7
0.0
140.1
6061.1
9866.4
2892.9
290.1
0.0
81.5
6601.9
9346.7
3011.1
300.0
0.0
80.5
5955.2
9708.1
3294.0
298.2
0.0
71.2
6044.8
10307.4
3585.2
300.7
0.0
91.5
6330.1
16
17
18
19
20
21
11145.3
11781.9
12872.6
13173.3
12964.6
13340.4
22
22
Total liabilities
23
5472.4
5943.5
6702.5
6955.1
6967.6
7132.8
23
24
25
26
Commercial paper
Corporate bonds (1)
90.1
176.8
3031.1
112.5
182.2
3246.7
123.8
190.3
3557.9
131.5
193.0
3762.5
58.4
198.5
4139.7
82.9
207.1
4560.3
24
25
26
27
28
29
Bank loans n.e.c.

Mortgages
508.7
932.5
733.2
518.3
1061.7
822.1
609.9
1350.2
870.4
663.6
1405.0
799.6
542.6
1261.3
767.1
528.8
1066.8
686.9
27
28
29
1699.4
86.2
3887.3
1549.4
44.8
2293.1
1813.0
85.4
3940.0
1722.7
42.8
2174.5
1898.9
35.8
4235.4
1961.9
47.2
2226.2
1669.0
39.0
4510.3
2050.3
47.9
2412.1
1579.0
35.7
4382.3
2025.8
50.5
2306.0
1773.0
39.3
4395.2
2175.2
49.2
2170.8
30
31
32
33
34
35
408.9
12686.6
277.0
14602.3
354.1
15730.7
412.1
10016.6
535.6
12494.7
485.4
14429.6
36
37
30
31
32
33
34
35
Trade payables
Taxes payable
Pension fund contributions payable
Other
Memo:
36
37
Trade receivables net of payables

Market value of equities
38
39
Securities and mortgages

Loans and short-term paper
3941.1
1531.3
4251.0
1692.6
4618.5
2083.9
4755.0
2200.1
5105.3
1862.3
5454.3
1678.5
38
39
40
41
Total short-term liabilities (4)

Total liquid assets (5)
3316.9
1497.0
3591.0
1521.2
4018.6
1526.7
3908.0
1398.9
3477.0
1672.2
3490.8
1855.6
40
41
42
43
Analytical measures (percent)

Long-term debt/credit market debt
Short-term debt/credit market debt
72.0
28.0
71.5
28.5
68.9
31.1
68.4
31.6
73.3
26.7
76.5
23.5
42
43
44
Liquid assets/short-term liabilities
45.1
42.4
38.0
35.8
48.1
53.2
44
(1) Through 1992:Q4, corporate bonds include net issues by Netherlands Antillean financial subsidiaries, and U.S. direct investment abroad excludes net inflows from those bond issues.
(3) Loans from rest of the world, U.S. government, and nonbank financial institutions. Detail can be found on table L.216.
(4) Loans (except mortgages), short-term paper, taxes payable, and trade payables. Includes loans due in more than one year and excludes current maturities of bonds and mortgages.
(5) Sum of lines 2 through 6, lines 8 through 11, and line 14.
FFA, 2005-2010, September 16, 2011
59
L.103 Nonfarm Nonfinancial Noncorporate Business

Billions of dollars
2
3
4

5
6
7
8
Treasury securities
Mortgages
Consumer credit
9
10
11
12
13
14
15
16
17
18
19
20
21
Trade receivables
Other
Total liabilities
Bank loans n.e.c.
Mortgages
Trade payables
Taxes payable
2005
2006
2007
2008
2009
2010
2541.8
3057.2
3533.1
3629.0
3345.7
3182.5
355.5
324.1
69.0
428.6
344.4
72.2
494.3
359.3
74.3
497.6
358.1
75.4
458.8
330.1
69.5
436.4
314.0
66.1
2
3
4
56.2
4.4
36.2
0.0
56.3
5.8
34.6
0.0
59.3
5.3
42.1
0.0
51.8
4.9
39.1
0.0
47.8
4.5
36.1
0.0
45.4
4.3
34.3
0.0
5
6
7
8
430.9
1265.5
65.3
1.8
1198.4
470.9
1644.4
66.9
1.9
1575.6
525.6
1972.8
68.6
2.2
1902.0
522.7
2079.4
70.7
4.8
2003.9
481.9
1917.1
71.0
4.8
1841.4
458.4
1823.6
71.6
4.8
1747.2
9
10
11
12
13
4064.3
4646.8
5228.6
5659.4
5430.1
5276.8
14
2786.9
3195.6
3650.3
3972.1
3672.9
3474.6
15
629.9
149.5
2007.5
742.8
163.9
2288.9
882.3
174.9
2593.1
1000.0
208.1
2764.0
804.6
199.5
2668.8
727.4
203.8
2543.3
16
17
18
329.4
86.7
861.2
349.4
95.7
1006.1
378.7
99.5
1100.0
366.8
106.2
1214.3
332.8
98.4
1326.0
313.2
93.9
1395.1
19
20
21
L.104 Farm Business (1)

Billions of dollars
1
67.5
73.7
78.8
81.6
84.1
85.7
22.9
25.0
26.8
27.7
28.6
29.2
3
4
5
44.5
41.7
2.8
48.6
45.6
3.0
52.0
48.5
3.6
53.8
51.8
2.0
55.5
53.5
2.0
56.6
54.1
2.5
3
4
5
196.4
203.6
214.1
241.6
241.9
246.9
190.1
204.3
218.9
224.0
217.7
228.7
49.9
35.4
104.8
53.2
43.0
108.0
55.5
50.7
112.7
58.7
30.6
134.7
58.5
27.8
131.3
58.3
34.2
136.3
8
9
10
6.3
-0.7
-4.8
17.7
24.2
18.1
11
6
7
8
9
10
11
Total liabilities
Bank loans n.e.c.
Mortgages (3)
Trade payables
(1) Corporate and noncorporate farms.

60
FFA, 2005-2010, September 16, 2011
L.105 State and Local Governments (1)

Billions of dollars
2
3
4
5

Security RPs
7
8
9
10
11
12
13
14
15
16
17
18
Open market paper

Treasury securities
Mortgages
Corporate equities
Mutual fund shares
Trade receivables
Taxes receivable
2006
2007
2008
2009
2010
2246.9
2460.7
2590.6
2508.6
2598.5
2708.4
56.5
183.3
71.7
141.2
61.9
209.6
78.5
154.6
57.1
245.9
81.9
161.2
65.6
265.1
80.5
158.6
84.9
275.9
85.0
167.3
91.5
275.5
89.7
176.5
2
3
4
5
1352.0
1480.6
1507.8
1382.4
1351.6
1348.6
184.8
481.4
401.6
5.0
127.2
151.9
202.4
526.9
439.9
5.5
139.4
166.4
191.1
534.1
458.7
5.7
145.3
172.8
127.6
485.5
451.1
5.6
142.9
169.7
74.1
505.6
436.1
5.9
150.9
179.0
46.1
512.9
442.3
6.3
159.1
181.8
7
8
9
10
11
12
96.8
29.6
144.7
141.0
30.0
106.0
32.5
158.5
189.0
-10.5
111.6
33.8
165.3
237.5
-11.6
86.2
33.3
162.5
269.8
4.5
122.3
35.1
171.5
280.9
24.0
113.6
32.1
180.9
298.0
102.0
13
14
15
16
17
2336.5
2524.6
2752.7
2843.3
2990.8
3136.0
18
19
1854.5
2008.2
2199.2
2250.7
2360.3
2467.2
19
20
21
22
23
Short-term
Other
1843.9
105.9
1737.9
10.6
1996.9
102.8
1894.2
11.2
2187.3
120.1
2067.2
11.9
2237.9
132.6
2105.3
12.7
2346.8
135.6
2211.2
13.5
2452.8
150.0
2302.8
14.4
20
21
22
23
482.0
516.4
553.5
592.7
630.4
668.8
24
643.7
641.3
686.6
1268.2
1351.3
1570.0
35.3
36.8
1.4
34.5
32.9
1.7
36.4
56.5
2.8
41.9
368.0
1.6
94.6
193.6
1.9
95.4
342.1
2.0
2
3
4
24
Total liabilities
2005
Trade payables
(1) Data for employee retirement funds are shown in table L.119.
L.106 Federal Government

Billions of dollars
1
2
3
4

5
6
7
8
9
10

Mortgages
Consumer credit (1)
273.8
0.0
0.0
107.4
76.6
89.8
279.9
0.0
0.0
108.0
80.3
91.7
286.5
0.0
0.0
105.8
82.4
98.4
373.1
54.4
0.0
111.8
95.8
111.0
669.2
196.4
0.6
177.9
108.4
186.0
754.5
149.2
0.9
181.4
106.6
316.4
5
6
7
8
9
10
11
12
13
14

Trade receivables
Taxes receivable
0.0
71.0
91.6
133.7
0.0
59.4
96.1
136.8
0.0
60.6
105.0
138.7
188.7
64.7
119.4
110.8
67.4
43.6
135.1
145.8
40.9
42.9
150.8
141.4
11
12
13
14
5947.6
6193.2
6537.4
7888.4
9410.5
11100.7
15
7.0
2.2
27.5
7.4
2.2
28.1
7.7
2.2
27.4
7.5
2.2
26.6
55.4
5.2
26.2
54.4
5.2
25.9
16
17
18
4701.9
205.1
4472.9
23.8
0.0
4885.3
202.4
4659.4
23.5
0.0
5122.3
196.4
4902.8
23.1
0.0
6361.5
194.0
6144.2
23.3
0.0
7805.4
191.2
7590.7
23.5
0.0
9385.6
187.9
9173.6
24.2
0.0
19
20
21
22
23
202.7
42.7
963.7
882.9
80.7
208.9
44.2
1017.2
918.7
98.6
238.2
45.4
1094.2
952.0
142.2
260.8
46.4
1183.5
1015.3
168.2
209.2
47.5
1261.6
1077.2
184.4
231.7
48.4
1349.4
1142.9
206.5
24
25
26
27
28
15
Total liabilities
16
17
18
SDR allocations
SDR certificates
Treasury currency
19
20
21
22
23

Savings bonds
24
25
26
27
28
Trade payables
Insurance reserves
Nonmarketable securities held by pension plans
Other
(1) Student loans.

(2) Corporate equities purchased from financial businesses under the Troubled Asset Relief Program (TARP) and from GSEs at market price.
FFA, 2005-2010, September 16, 2011
61
L.107 Rest of the World

Billions of dollars
2
3
4
5
6
7
SDR allocations
U.S. checkable deposits and currency
U.S. time deposits
Security RPs (net)
2005
2006
2007
2008
2009
2010
11530.0
13979.6
15875.4
14994.5
15601.0
17163.2
7.0
106.0
300.1
155.9
23.0
231.2
7.4
96.7
311.6
167.4
27.0
364.6
7.7
-56.9
306.1
207.6
46.0
338.4
7.5
362.9
370.1
273.1
69.7
114.9
55.4
68.9
360.9
229.9
80.3
31.0
54.4
10.2
390.4
234.4
82.7
-98.6
2
3
4
5
6
7
5191.3
6199.7
7272.6
7504.6
7724.6
8375.8
Open market paper
239.6
286.3
278.1
232.9
191.5
192.4
10
11
12
Treasury securities
Official
Private
1984.4
1340.6
643.8
2126.2
1558.3
567.9
2376.4
1736.7
639.8
3253.0
2400.5
852.5
3671.4
2879.6
791.8
4385.3
3320.7
1064.6
10
11
12
13
14
15

Official
Private
1012.9
487.2
525.7
1263.6
695.2
568.4
1582.4
954.3
628.0
1406.9
940.5
466.4
1154.8
749.0
405.9
1077.3
669.2
408.1
13
14
15
16
17
18
U.S. corporate bonds (1)
Loans to U.S. corporate business
29.0
1762.9
162.5
34.4
2320.5
168.8
45.1
2719.1
271.5
50.5
2354.0
207.3
57.0
2467.0
182.8
73.0
2487.4
160.4
16
17
18
19
20
21
22
U.S. corporate equities

Mutual fund shares
Trade receivables
Security credit
2039.1
242.0
56.9
0.0
2448.1
316.8
62.8
0.0
2812.2
373.5
83.6
0.0
1806.6
256.2
90.1
0.0
2515.7
321.7
96.7
0.0
3060.3
366.6
116.1
0.0
19
20
21
22
23
24
25
Foreign direct investment in U.S. (2)
Other
3177.5
1906.0
1271.5
3977.7
2154.1
1823.7
4484.6
2345.9
2138.7
4138.7
2397.4
1741.3
4116.0
2441.7
1674.3
4570.8
2658.9
1911.9
23
24
25
6088.3
7234.2
8542.3
8599.1
8790.5
9728.9
26
54.1
997.8
54.9
1085.0
59.5
1340.9
66.6
946.7
119.7
840.6
121.4
912.3
27
28
1513.9
1882.6
2126.3
1708.8
2090.3
2273.1
29
384.0
1011.6
482.3
1275.5
413.0
1587.1
342.0
1237.3
401.3
1570.3
398.6
1737.3
30
31
84.4
2.6
18.1
63.7
33.7
0.2
98.3
1.9
21.9
74.4
26.4
0.2
102.8
1.9
30.2
70.8
23.1
0.3
107.9
2.6
33.0
72.4
21.6
0.0
96.8
3.2
27.9
65.8
21.9
0.0
115.1
4.3
39.7
71.2
22.1
0.0
32
33
34
35
36
37
54.5
0.0
60.7
0.0
73.1
0.0
63.2
0.0
70.6
0.0
98.4
0.0
38
39
3468.1
43.2
0.6
2651.7
772.6
4151.0
45.3
0.6
2948.2
1157.1
4942.4
46.9
24.5
3553.1
1318.0
5813.9
48.3
554.2
3748.5
1462.8
5669.2
50.0
10.9
4067.5
1540.8
6323.8
52.3
0.8
4429.4
1841.2
40
41
42
43
44
3317.7
4329.0
5248.0
2748.4
3995.3
4485.6
45
26
Total liabilities
27
28
U.S. official reserve assets (3)

U.S. private deposits
29
30
31
Commercial paper
Bonds
32
33
34
35
36
37
Bank loans n.e.c.

Official
Banks
Other
Acceptance liabilities to banks
38
39
Trade payables
Security debt
40
41
42
43
44
U.S. equity in IBRD, etc.
Nonofficial foreign currencies
U.S. direct investment abroad (1,2)
Other
Memo:
45
Market value of foreign equities

held by U.S. residents (4)
(1) Through 1992:Q4, corporate bonds include net issues by Netherlands Antillean financial subsidiaries; U.S. direct investment abroad excludes net inflows from those bond issues.
(2) Direct investment is valued on a current-cost basis.
(3) Does not include monetary gold.
(4) Includes American Depositary Receipts (ADRs).
62
FFA, 2005-2010, September 16, 2011
L.108 Financial Business (1)

Billions of dollars
1
2
3
4
5
6

SDR certificates
Treasury currency
Foreign deposits
7
8
9
10

11
12
13
14
15
16
Open market paper

Treasury securities
17
18
19
20
Bank loans n.e.c.

Mortgages
Consumer credit
21
22
Corporate equities
Mutual fund shares
23
24
25
Trade receivables
Security credit
26
Total liabilities
27
28
29
30
31

32
33
34
35
Open market paper

36
37
38
Bank loans n.e.c.

Mortgages
2005
2006
2007
2008
2009
2010
52048.2
57986.5
63684.9
62187.6
63770.9
64348.7
29.9
2.2
36.5
94.7
70.1
31.4
2.2
38.2
84.1
70.1
34.2
2.2
38.7
127.3
124.4
35.7
2.2
38.7
129.3
1475.9
36.2
5.2
42.7
97.1
1126.4
37.0
5.2
43.5
105.9
1019.6
2
3
4
5
6
261.5
358.7
545.8
678.2
315.8
375.5
603.7
760.1
350.0
461.1
939.8
1029.2
441.0
578.4
1247.3
963.0
411.6
776.4
1064.4
842.0
381.1
676.3
869.8
846.9
7
8
9
10
30699.3
33506.2
36549.0
38896.4
38034.8
37274.4
11
1010.4
1639.6
4235.9
1334.4
5504.9
1229.1
1722.7
4368.2
1457.5
5969.1
1142.7
1835.4
4675.0
1637.6
6553.4
1175.5
2271.3
5532.0
1689.2
6560.6
780.2
2716.0
6192.1
1704.5
6722.8
682.8
3272.7
5710.6
1733.2
6978.6
12
13
14
15
16
1577.9
1622.6
11602.4
2171.2
1705.2
1785.8
13001.9
2266.7
2027.3
2210.4
14068.8
2398.3
2721.1
2362.7
14160.7
2423.3
1921.8
1890.4
13871.4
2235.7
1874.1
1582.6
13377.5
2062.3
17
18
19
20
10406.7
1968.1
12140.5
2350.2
13023.9
2633.8
7816.2
1694.1
10051.9
2237.4
11499.5
2595.2
21
22
181.8
463.1
6251.6
195.2
594.3
6918.9
197.1
660.0
7514.3
182.2
385.8
8301.2
144.2
422.6
8477.9
135.6
520.5
8338.1
23
24
25
49487.0
55074.2
60516.9
59293.8
60198.0
60486.6
26
197.4
186.1
88.6
1890.5
1281.5
1091.6
27
1527.2
6387.6
2006.9
1748.5
1507.3
6995.8
2312.1
2151.7
1532.9
7606.7
3033.1
2159.8
2101.3
7940.9
3757.3
1270.3
2093.4
8316.3
3258.3
1452.4
2359.8
8432.4
2755.3
1227.4
28
29
30
31
12996.2
14291.4
16217.5
17119.1
15615.5
14153.1
32
1170.2
6140.7
4651.1
1363.2
6468.9
5459.6
1251.8
7374.6
6290.1
1125.8
8143.4
6012.8
677.6
8083.3
5798.4
575.9
7574.0
5175.0
33
34
35
268.6
620.2
145.5
206.2
641.4
152.1
277.1
867.1
156.7
773.2
900.5
163.5
271.5
617.9
166.9
181.3
473.2
173.8
36
37
38
6048.9
43.1
806.0
7068.3
48.3
957.8
7829.0
45.8
1200.9
5435.3
21.2
963.6
6961.6
70.1
888.2
7934.5
18.1
936.6
39
40
41
39
40
41
Mutual fund shares

Trade payables
Security credit
42
43

1039.9
11460.1
1119.5
12750.6
1156.1
13390.7
1133.4
10408.5
1194.5
11914.5
1229.9
13102.3
42
43
44
45
Taxes payable
41.6
5183.7
55.9
5629.4
32.4
6223.3
-101.1
7353.5
-95.0
7246.7
-82.0
7327.6
44
45
4631.9
11.7
5408.0
9.8
4602.2
11.6
2875.4
9.5
3633.2
12.1
4331.8
13.8
46
47
Memo:
46
47
Market value of corporate equities

(1) Sum of financial sectors shown on tables L.109 through L.130.
FFA, 2005-2010, September 16, 2011
63
L.109 Monetary Authority (1)

Billions of dollars
2005
2009
2010
908.2
951.3
2270.6
2267.2
2453.2
31.4
2.2
38.2
34.2
2.2
38.7
35.7
2.2
38.7
36.2
5.2
42.7
37.0
5.2
43.5
2
3
4
0.9
-0.3
-0.0
-1.5
-2.1
-1.4
Federal Reserve loans to domestic banks

Discount window (2)
AMLF (3)
0.1
0.1
0.0
0.1
0.1
0.0
48.6
48.6
0.0
559.7
544.0
15.7
96.6
96.6
0.0
0.2
0.2
0.0
6
7
8
46.8
40.8
46.5
80.0
0.0
0.0
744.2
778.9
740.6
986.0
1987.7
2259.2
10
0.0
744.2
0.0
0.0
778.9
0.0
0.0
740.6
0.0
0.0
475.9
19.7
0.0
776.6
1068.3
0.0
1021.5
1139.6
11
12
13
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
490.4
0.0
0.0
45.5
29.1
38.9
19.5
24.4
333.0
142.8
47.5
0.0
0.0
29.2
22.2
16.0
18.5
9.4
98.1
24.7
0.0
0.0
25.8
20.0
13.5
14.1
0.0
14
15
16
17
18
19
20
21
22
0.0
18.1
0.0
18.1
0.0
17.0
0.0
17.0
0.0
40.5
24.0
16.5
0.0
569.8
553.7
16.1
25.1
75.9
10.3
65.6
26.4
83.1
0.1
83.0
23
24
25
26
865.7
892.9
932.8
2249.6
2241.6
2426.7
27
5
6
7
8
9
Security RPs
11
12
13
Open market paper

Treasury securities
14
15
16
17
18
19
20
21
22
Bank loans n.e.c.

Households (TALF) (4)
Rest of world
Brokers and dealers (5)
Funding corporations (Maiden Lane) (6)
Funding corporations (AIG)
Funding corporations (Maiden Lane II) (7)
Funding corporations (Maiden Lane III)(8)
Funding corporations (CPFF) (9)
27
2008
29.9
2.2
36.5

SDR certificates
Treasury currency
23
24
25
26
2007
878.7
2
3
4
10
2006

Nonofficial foreign currencies (11)
Other
Total liabilities
28
29
Depository institution reserves

Vault cash of commercial banks
19.0
50.1
18.7
51.7
20.8
55.0
860.0
57.7
977.0
54.9
968.1
52.7
28
29
30
750.8
774.3
792.1
1220.3
1102.7
1287.8
30
4.8
0.2
4.6
0.0
5.0
0.3
4.7
0.0
16.4
0.3
16.1
0.0
365.7
0.3
106.1
259.3
191.9
0.2
186.6
5.0
340.9
0.2
140.8
200.0
31
32
33
34
0.1
2.0
743.9
0.1
0.8
768.5
0.1
1.7
773.9
1.4
21.1
832.2
2.4
35.1
873.3
3.4
13.5
930.0
35
36
37
31
32
33
34
Due to federal government

Treasury cash holdings
Treasury general deposit account
Treasury temporary supplementary financing account
35
36
37
Due to rest of the world

38
Security RPs
30.5
29.6
44.0
88.4
77.7
59.7
38
39
40
41
Federal Reserve Bank stock
Other
15.3
13.5
1.8
18.5
15.3
3.2
21.0
18.5
2.5
23.1
21.1
2.1
29.2
25.6
3.6
58.4
26.5
31.9
39
40
41
(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 domestic banks through term auction credit, primary credit, secondary credit, and seasonal credit.
(3) Loans extended to domestic banks through the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF).
(4) Loans extended to financial institutions such as domestic hedge funds through the Term Asset-Backed Securities Loan Facility (TALF).
(5) Loans extended through the Federal Reserves Primary Dealer Credit Facility (PDCF) and the AMLF.
(6) Loan extended by the Federal Reserve to Maiden Lane LLC to facilitate the arrangements associated with JPMorgan Chase & Co.s acquisition of Bear Stearns Companies, Inc.
(7) Loan extended by the Federal Reserve to Maiden Lane II LLC to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of AIG subsidiaries.
(8) Loan extended by the Federal Reserve to Maiden Lane III LLC to purchase CDOs on which AIG has written credit default swap contracts.
(9) Loan extended by the Federal Reserve to Commercial Paper Funding Facility LLC.
(10) 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.
64
FFA, 2005-2010, September 16, 2011
L.110 U.S.-Chartered Commercial Banks

Billions of dollars
Vault cash and reserves at Federal Reserve
Total bank credit
2005
2006
2007
2008
2009
2010
7450.8
8171.6
65.5
67.8
8840.8
10247.7
10044.6
10076.5
72.2
635.1
679.5
588.4
6621.3
7320.5
7883.7
8382.9
8306.2
8505.8
4
5
6
7
8
9
10
11
Open market paper

Treasury securities
Other
0.0
64.2
992.7
579.0
0.0
152.3
0.0
261.5
0.0
61.9
1040.3
647.8
0.0
147.2
0.0
245.3
0.0
73.0
928.9
592.8
0.0
142.8
0.0
193.3
15.7
53.4
1068.7
744.9
0.0
157.1
0.0
166.7
0.0
117.7
1224.0
744.3
3.5
217.0
3.9
255.2
0.0
211.6
1310.8
729.6
3.3
334.3
3.6
240.0
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
Priv. residential mortgage pass-through securities
Priv. commercial mortgage pass-through securities
Priv. residential CMOs and other structured MBS
Priv. commercial CMOs and other structured MBS
Other
157.2
411.6
23.9
0.0
146.2
0.0
241.5
178.9
470.7
32.7
0.0
158.8
0.0
279.1
190.9
572.4
48.2
0.0
223.7
0.0
300.5
214.1
542.0
23.8
0.0
222.2
0.0
296.0
215.1
582.6
13.8
17.7
170.5
25.9
354.7
243.5
474.9
4.4
11.3
106.0
24.6
328.7
12
13
14
15
16
17
18
19
20
21
22
Bank loans n.e.c.

Mortgages
Consumer credit
Security credit
1249.3
2902.1
707.0
95.6
1312.2
3338.9
741.2
116.5
1532.9
3564.6
804.1
145.9
1670.8
3754.7
878.6
158.6
1338.4
3738.6
855.3
158.0
1350.7
3580.1
1098.7
152.3
19
20
21
22
23
24
Corporate equities
Mutual fund shares
24.1
17.4
35.3
24.5
41.5
29.6
6.7
19.6
30.3
46.1
38.2
45.0
23
24
3.3
760.8
0.0
783.4
0.0
884.8
0.0
1229.7
0.0
1058.9
0.0
982.4
25
26
7216.9
7849.1
8434.3
9818.3
9786.4
9883.3
27
25
26
27

Total liabilities
28
29
30
31
32

Borrowing from Federal Reserve banks
To domestic banks
To foreign banks
288.5
0.9
0.1
-22.3
309.9
363.0
-0.3
0.1
-57.1
420.3
502.0
-0.0
48.6
-24.9
478.3
1291.0
-1.5
559.7
88.5
644.4
672.1
-2.1
96.6
27.4
550.2
421.7
-1.4
0.2
-39.2
462.1
28
29
30
31
32
33
34
35
36
Checkable deposits
Federal government
Rest of the world
Private domestic
587.7
33.9
17.4
536.5
551.2
28.0
26.8
496.4
560.2
42.9
31.7
485.5
700.9
3.5
62.9
634.6
781.9
3.8
34.2
743.8
852.2
3.6
30.4
818.1
33
34
35
36
37
38
39

Large time deposits
3493.1
838.1
626.1
3770.9
968.0
647.5
4025.9
991.1
611.4
4566.2
1015.6
352.4
4949.1
841.7
624.0
5225.9
691.6
409.5
37
38
39
40
41
42
43
Open market paper

Corporate bonds
Taxes payable (net)
3.3
121.7
268.5
25.8
0.0
149.2
348.5
24.7
0.0
174.4
455.2
11.1
0.0
182.4
526.3
-74.6
0.0
174.1
402.0
-67.5
112.9
434.1
277.9
-60.6
40
41
42
43
44
45
46
Investment by bank holding companies
Other
964.0
897.0
67.1
1026.2
1067.0
-40.9
1103.1
1197.8
-94.7
1258.1
1244.4
13.6
1409.2
1413.5
-4.4
1518.2
1366.8
151.4
44
45
46
6487.4
0.0
7144.1
0.0
7666.8
11.2
8197.9
9.5
8071.7
6.9
8270.4
6.2
47
48
Memo:
47
48

(1) Included in other loans and advances (table L.216).

(2) Total bank credit (line 3) less security credit (line 18) less corporate equities (line 19) less mutual fund shares (line 20) plus customers liability on acceptances (line 21).
The leased automobile is a nonfinancial asset.
FFA, 2005-2010, September 16, 2011
65
L.111 Foreign Banking Offices in U.S. (1)

Billions of dollars
2005
2006
2007
2008
2009
2010
818.1
828.2
1048.0
1624.8
1267.5
1335.9
0.9
0.6
1.0
239.0
284.1
350.8
792.1
946.8
1151.4
1126.0
844.2
843.2
Open market paper

Treasury securities
0.0
27.8
50.9
0.0
262.8
0.0
26.8
55.1
0.0
292.5
0.0
30.4
57.1
0.0
369.5
0.0
35.5
50.5
0.0
401.6
0.0
61.4
32.1
0.0
244.9
0.0
66.2
27.3
0.0
233.9
4
5
6
7
8
9
10
11
Bank loans n.e.c.

Mortgages
Security credit
294.7
20.8
135.1
361.8
24.9
185.6
466.8
39.0
188.6
531.9
44.2
62.3
406.5
37.8
61.6
390.4
35.4
90.1
9
10
11
12
Corporate equities
0.0
0.0
0.0
0.0
0.0
0.1
12
0.8
24.3
0.4
-119.6
0.5
-104.9
0.0
259.8
0.0
139.2
0.0
141.9
13
14
834.8
844.6
1067.5
1639.6
1283.7
1353.3
15
-141.7
-176.7
35.0
-213.0
-255.3
42.2
-404.1
-424.6
20.5
-163.7
-179.9
16.2
-322.5
-356.2
33.7
-275.2
-316.2
41.0
16
17
18
Total bank credit
4
5
6
7
8
13
14
15

Total liabilities
16
17
18

To foreign banks
To domestic banks
19
20
21
Checkable deposits
Large time deposits
9.3
10.0
501.7
9.3
18.6
634.5
11.8
25.5
907.9
13.5
25.6
784.7
16.1
29.9
958.6
21.9
35.7
909.0
19
20
21
22
23

Acceptance liabilities
190.9
0.8
239.9
0.5
226.3
0.5
130.0
0.0
170.3
0.0
223.2
0.0
22
23
24
25
26
27
Due to affiliates
Other
263.8
130.2
188.8
-55.1
154.8
135.4
197.3
-177.9
299.6
94.2
241.0
-35.6
849.4
71.7
276.6
501.1
431.3
104.9
203.1
123.2
438.7
111.3
171.6
155.9
24
25
26
27
657.8
761.6
963.3
1063.7
782.7
753.1
28
Memo:
28
(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) Included in other loans and advances (table L.216).
(3) Total bank credit (line 3) less security credit (line 11) less corporate equities (line 12) plus customers liability on acceptances (line 13).
66
FFA, 2005-2010, September 16, 2011
L.112 Bank Holding Companies

Billions of dollars
1
2
3
4
5
6
7
8
9
10
11

Treasury securities
Bank loans n.e.c.
Investment in bank subsidiaries
Investment in nonbank subsidiaries
Other
Total liabilities
2005
2006
2007
2008
2009
2010
1523.8
1760.4
1882.8
2078.7
2876.9
2838.8
32.2
36.0
59.1
73.0
75.8
97.9
1.1
11.2
11.8
8.1
2.5
11.2
16.7
5.6
7.1
9.9
35.9
6.3
3.1
25.8
35.8
8.2
5.8
24.3
31.1
14.6
19.6
21.1
38.3
18.9
3
4
5
6
1491.6
897.0
384.0
210.6
1724.4
1067.0
407.4
250.0
1823.6
1197.8
344.4
281.4
2005.7
1244.4
386.4
374.8
2801.1
1413.5
909.0
478.5
2740.9
1366.8
893.4
480.6
7
8
9
10
627.6
764.2
876.7
985.4
1489.8
1436.0
11
-18.5
8.6
-27.1
-34.2
34.2
-68.4
-85.1
25.5
-110.6
-154.6
-53.0
-101.5
-100.0
25.0
-125.1
-75.7
60.0
-135.6
12
13
14
0.6
0.8
0.8
0.4
-47.7
-49.5
15
12
13
14

To domestic banks
To foreign banks
15
16
17
18

Commercial paper
Corporate bonds
429.5
57.1
372.4
503.3
81.7
421.5
632.7
116.7
516.0
716.6
77.7
638.9
1089.5
60.8
1028.7
1046.9
64.7
982.2
16
17
18
19
216.0
294.4
328.3
422.9
548.0
514.2
19
109.3
108.1
107.5
105.2
98.8
83.2
L.113 Banks in U.S.-Affiliated Areas (1)

Billions of dollars
1
4
5
6
7
8
9
10
11
12
3.0
2.9
2.6
3.2
4.2
3.3
101.0
99.3
92.8
90.9
88.1
68.9
Treasury securities
3.9
34.8
0.5
0.8
3.7
29.0
1.3
0.4
1.8
26.3
2.0
0.5
1.2
24.4
2.5
0.5
0.5
20.5
3.5
2.0
1.1
12.8
2.5
0.6
4
5
6
7
Bank loans n.e.c.

Home mortgages
25.9
16.3
18.8
25.6
17.2
22.0
21.4
21.5
19.3
19.7
22.9
19.7
19.4
22.6
19.6
16.1
20.1
15.7
8
9
10
5.3
5.9
12.1
11.1
6.5
11.0
11
103.4
102.1
94.4
91.0
90.0
75.2
12
13
14
15
Total liabilities
Checkable deposits
Large time deposits
13.3
23.9
23.9
14.0
25.2
25.2
15.7
26.3
26.3
14.6
27.4
27.4
16.1
24.5
24.5
16.6
19.3
19.3
13
14
15
16
42.2
37.7
26.2
21.7
25.0
20.0
16
(1) Commercial banks and branches of U.S.-chartered commercial banks located in Puerto Rico, the U.S. Virgin Islands, American Samoa, Guam, and other U.S.-affiliated insular areas.
FFA, 2005-2010, September 16, 2011
67
L.114 Savings Institutions (1)

Billions of dollars
2
3
4
5

7
8
9
10
11
12
13
14
Open market paper

Treasury securities
Other
15
16
17
18
19
20
21
Priv. residential mortgage pass-through securities
Priv. commercial mortgage pass-through securities
Priv. residential CMOs and other structured MBS
Priv. commercial CMOs and other structured MBS
Other
22
23
24

Mortgages
Consumer credit
25
26
27
Corporate equities
Total liabilities
28
29
30
31
Deposits
Checkable
Large time
32
Security RPs
33
34
35
36

Corporate bonds
Bank loans n.e.c.
37
38
39
40
Taxes payable
Other
2005
2006
2007
2008
2009
2010
1789.4
1714.8
1815.0
1523.5
1253.7
1244.1
2.7
23.7
2.7
9.0
2.0
20.4
6.6
18.3
2.6
20.0
9.9
45.6
39.0
8.7
8.3
34.7
45.5
4.5
15.3
12.0
44.8
2.2
15.3
5.4
2
3
4
5
1617.1
1533.2
1596.1
1320.0
1070.4
1081.0
0.0
12.3
192.3
116.0
0.0
30.7
0.0
45.5
0.0
12.5
177.0
98.4
0.0
32.8
0.0
45.9
0.0
7.0
177.4
104.2
0.0
31.3
0.0
41.8
0.0
3.0
173.8
106.1
0.0
36.9
0.0
30.8
0.0
6.8
193.4
93.2
0.0
47.0
0.0
53.2
0.0
5.9
216.4
105.7
0.0
59.2
0.0
51.5
7
8
9
10
11
12
13
14
9.0
80.2
7.7
0.0
58.6
0.0
13.9
11.2
92.7
11.0
0.0
65.8
0.0
16.0
11.0
142.2
6.5
0.0
105.2
0.0
30.4
7.8
108.5
5.2
0.0
63.4
0.0
39.9
9.2
84.5
2.5
0.1
32.4
0.1
49.4
11.1
73.9
2.1
0.1
26.3
0.1
45.3
15
16
17
18
19
20
21
61.5
1152.7
109.1
67.5
1076.8
95.5
73.7
1094.0
90.8
80.1
860.6
86.3
65.6
633.3
77.5
72.0
614.8
86.8
22
23
24
26.2
107.9
24.9
109.3
25.3
115.5
22.7
90.0
22.2
83.8
19.7
75.8
25
26
1619.2
1535.8
1649.2
1395.7
1124.4
1105.4
27
1066.8
85.0
618.5
363.3
1091.4
85.9
647.5
358.0
1104.6
79.4
638.1
387.1
948.6
76.6
578.5
293.5
895.3
89.7
667.9
137.7
909.2
88.9
662.7
157.6
28
29
30
31
61.0
41.8
17.6
17.6
53.6
47.6
32
427.3
8.7
93.1
325.5
319.1
10.7
48.6
259.8
423.3
10.4
62.0
350.9
356.1
2.4
75.0
278.7
152.3
2.3
11.0
139.1
127.4
2.7
9.8
114.9
33
34
35
36
3.6
60.5
22.7
37.8
3.3
80.2
10.7
69.5
1.3
102.4
10.9
91.5
1.0
72.3
13.4
58.9
1.3
21.8
24.0
-2.2
1.0
20.2
23.0
-2.8
37
38
39
40
(1) State-chartered savings banks, federal savings banks, cooperative banks, and savings and loan associations.
68
FFA, 2005-2010, September 16, 2011
L.115 Credit Unions

Billions of dollars
2005
2
3
4
5

7
8
9
10
Open market paper

Treasury securities
11
12
13

Home mortgages
Consumer credit
14
15
16
Mutual fund shares

Total liabilities
2006
2007
2008
2009
2010
685.7
716.2
758.7
812.4
882.7
912.0
0.0
38.1
21.9
6.7
0.0
44.4
17.0
5.1
0.0
43.3
17.0
2.5
4.7
37.6
28.3
-2.3
22.8
39.1
37.8
0.1
36.9
32.8
43.2
0.0
2
3
4
5
592.6
622.7
657.9
697.9
731.0
744.3
0.8
7.7
86.4
23.5
1.0
7.4
72.5
30.6
0.4
10.4
68.4
34.6
0.0
8.8
82.9
25.7
0.0
14.2
110.8
18.6
0.0
18.4
145.6
0.0
7
8
9
10
25.9
219.7
228.6
26.8
249.7
234.5
26.9
281.5
235.7
29.6
314.7
236.2
32.3
317.9
237.2
33.1
320.8
226.5
11
12
13
2.2
24.2
2.1
24.9
2.1
35.9
2.0
44.2
1.3
50.6
1.5
53.4
14
15
622.7
648.7
688.2
742.7
815.3
840.9
16
17
18
19
20
Shares/deposits
Checkable
Large time
596.1
81.1
452.5
62.5
620.6
72.6
483.0
65.0
652.3
73.7
508.7
69.9
697.4
75.3
551.7
70.4
769.4
86.9
655.1
27.3
803.8
92.4
681.3
30.1
17
18
19
20
21
22

14.7
11.9
18.9
9.2
32.3
3.6
40.6
4.7
26.5
19.4
26.1
11.0
21
22
1246.3
1335.8
1385.8
1305.5
1384.5
1404.4
21.0
12.8
2.7
29.9
13.5
1.9
42.7
20.7
3.6
27.9
32.8
4.4
27.6
29.6
4.5
32.6
25.6
3.8
2
3
4
L.116 Property-Casualty Insurance Companies

Billions of dollars
1
2
3
4

Security RPs
6
7
8
9
10
11
819.3
864.1
869.3
853.4
886.7
890.6
Open market paper

Treasury securities
15.8
106.9
117.9
16.4
110.0
122.0
13.3
71.3
125.8
19.1
65.6
114.3
9.8
88.5
116.2
7.9
91.7
115.8
6
7
8
313.2
262.8
2.7
335.2
277.0
3.5
371.3
282.9
4.8
381.9
267.5
5.0
369.4
298.3
4.4
348.4
322.6
4.1
9
10
11
12
13
Corporate equities
Mutual fund shares
199.5
5.7
227.0
6.9
236.2
6.8
193.3
4.4
219.8
5.3
219.2
5.7
12
13
14
15
Trade receivables
82.1
103.3
87.0
105.5
85.4
121.1
86.7
102.6
83.0
128.0
83.8
143.1
14
15
759.0
826.3
818.6
792.3
817.4
836.0
16
1.3
-1.6
759.3
1.2
9.4
815.7
0.5
7.0
811.1
2.4
-21.1
811.0
0.6
-15.8
832.6
1.5
-10.1
844.6
17
18
19
16
17
18
19
Total liabilities
Security RPs
Taxes payable (net)
FFA, 2005-2010, September 16, 2011
69
L.117 Life Insurance Companies

Billions of dollars
2
3
4

Security RPs
6
7
8
9
10
11
12
Open market paper

Treasury securities
Mortgages
13
14
Corporate equities
Mutual fund shares
15
16
Total liabilities
2005
2006
2007
2008
2009
2010
4350.7
4685.3
4949.7
4515.5
4823.9
5176.3
47.7
13.5
2.6
56.1
23.3
2.6
58.3
21.6
2.7
82.8
39.2
8.0
50.7
33.7
10.2
51.7
21.0
10.9
2
3
4
2753.9
2786.4
2871.2
2882.8
3022.6
3174.2
24.4
95.4
368.5
28.7
87.9
377.4
41.7
70.6
382.9
38.3
105.7
366.2
49.8
133.5
371.9
40.9
156.6
376.0
6
7
8
32.5
1824.8
122.8
285.5
36.6
1819.5
132.6
303.8
41.4
1862.6
145.8
326.2
47.1
1817.0
166.1
342.4
73.1
1914.7
153.5
326.1
112.3
2030.2
140.7
317.5
9
10
11
12
1161.8
109.0
1364.8
148.8
1464.6
188.4
1001.7
121.0
1208.5
140.8
1402.6
155.7
13
14
262.1
303.3
342.9
380.1
357.6
360.3
15
4088.4
4412.0
4661.7
4266.5
4532.5
4850.8
16
17
18
19
20
Security RPs
Pension fund reserves (1)
20.9
11.5
1039.9
2197.4
21.2
14.2
1119.5
2332.4
20.2
28.7
1156.1
2450.8
12.9
54.9
1133.4
2184.6
12.4
48.3
1194.5
2323.0
10.3
45.1
1229.9
2504.7
17
18
19
20
21
22
Taxes payable (net)

-5.3
824.0
-1.3
925.9
-4.7
1010.6
-24.4
905.0
-31.4
985.6
-28.8
1089.8
21
22
(1) Annuity reserves held by life insurance companies, excluding unallocated contracts held by private pension funds, which are included in miscellaneous liabilities (line 22).
L.118 Private Pension Funds (1)

Billions of dollars
1
5388.6
6082.8
6410.6
4552.7
5471.0
6111.8
10.8
62.2
86.7
21.6
11.2
63.1
90.1
22.4
11.8
67.7
93.5
25.8
12.3
67.9
95.7
33.1
16.4
72.7
96.4
36.2
28.0
77.1
96.3
37.1
2
3
4
5
699.9
758.3
860.8
951.4
1063.0
1171.0
Open market paper

Treasury securities
31.5
116.5
252.0
31.7
130.8
268.6
26.9
169.5
296.8
37.2
184.9
318.1
26.7
310.7
269.1
15.0
486.7
170.9
7
8
9

Mortgages
290.0
9.8
317.6
9.5
357.4
10.2
400.1
11.1
442.9
13.6
483.5
15.0
10
11
2441.7
1585.4
2724.8
1880.4
2673.3
2110.6
1599.7
1366.0
1835.7
1817.3
2012.3
2126.6
12
13
2
3
4
5

Security RPs
7
8
9
10
11
12
13
Corporate equities
Mutual fund shares
14
15
16
17
Other
480.2
338.4
44.8
97.0
532.5
387.9
42.8
101.8
567.1
431.3
47.2
88.6
426.5
317.6
47.9
61.0
533.3
412.8
50.5
70.0
563.5
457.5
49.2
56.8
14
15
16
17
18
5427.8
6120.5
6444.8
4588.0
5507.4
6148.3
18
(1) Private defined benefit plans and defined contribution plans (including 401(k) type plans).
(3) Equal to the value of nonfinancial and financial assets. These liabilities are assets of the household sector.
70
FFA, 2005-2010, September 16, 2011
L.119 State and Local Government Employee Retirement Funds

Billions of dollars
2
3
4
5

Security RPs
7
8
9
10
11
12
2006
2007
2008
2009
2010
2721.4
3089.8
3198.8
2324.5
2673.7
2931.5
15.8
1.3
11.7
19.7
13.1
0.8
13.8
24.1
17.9
0.7
12.4
21.7
17.8
0.7
14.3
23.5
17.7
0.7
14.3
23.5
17.3
0.7
13.9
22.8
2
3
4
5
693.4
808.0
820.3
833.5
824.7
816.5
Open market paper

Treasury securities
35.2
153.8
258.4
42.8
156.2
307.8
38.4
141.6
331.1
25.9
146.4
337.5
24.0
174.5
306.9
22.4
185.6
285.2
7
8
9
Mortgages
1.7
227.9
16.4
3.3
283.4
14.4
2.4
297.0
9.7
1.4
312.9
9.4
1.5
308.6
9.3
1.6
312.4
9.4
10
11
12
1715.8
248.4
1926.1
287.5
2013.7
296.4
1237.9
181.1
1549.8
226.7
1782.5
260.8
13
14
15.4
16.3
15.7
15.7
16.2
17.0
15
2763.4
3156.6
3297.9
2414.7
2759.8
3024.0
16
13
14
Corporate equities
Mutual fund shares
15
16
2005
(1) Equal to the value of nonfinancial and financial assets. These liabilities are assets of the household sector.
L.120 Federal Government Retirement Funds (1)

Billions of dollars
1
2
3
4
5
6
7
8

Treasury securities
Corporate equities
Miscellaneous assets (2)
1071.5
1141.1
1197.2
1221.2
1324.4
1425.3
76.0
84.3
96.1
120.3
127.7
138.7
68.4
4.6
2.9
76.7
4.7
2.9
88.0
5.0
3.0
112.3
5.1
2.9
119.1
5.6
3.0
129.2
6.3
3.2
3
4
5
112.6
882.9
138.1
918.7
149.1
952.0
85.6
1015.3
119.4
1077.2
143.7
1142.9
6
7
1071.5
1141.1
1197.2
1221.2
1324.4
1425.3
(1) Includes the Thrift Savings Plan, the National Railroad Retirement Investment Trust, and nonmarketable government securities held by federal government retirement funds.
(3) Liabilities of the sector are assets of the household sector.
FFA, 2005-2010, September 16, 2011
71
L.121 Money Market Mutual Funds (1)

Billions of dollars
2
3
4
5
Foreign deposits
Security RPs
7
8
9
10
11
12
13
2005
2006
2007
2008
2009
2010
2006.9
2312.1
3033.1
3757.3
3258.3
2755.3
94.7
-0.9
183.0
346.0
84.1
6.7
206.7
394.6
127.3
1.9
270.6
605.9
129.3
7.5
355.2
542.4
97.1
17.9
573.2
479.9
105.9
14.2
468.0
479.4
2
3
4
5
1340.8
1560.8
1936.4
2675.0
2031.0
1621.0
492.2
88.6
160.1
336.8
263.2
608.3
82.7
131.4
370.3
368.3
674.6
178.1
235.9
471.0
376.8
618.5
577.7
756.2
494.6
228.0
510.5
406.4
543.0
401.3
169.9
394.2
335.4
402.8
334.4
154.2
7
8
9
10
11
Open market paper

Treasury securities
Total shares outstanding (liabilities)
43.3
59.2
90.9
47.9
59.1
66.9
12
2006.9
2312.1
3033.1
3757.3
3258.3
2755.3
13
6961.6
7934.5
(1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance sector (table L.117).
L.122 Mutual Funds (1)

Billions of dollars
1
Security RPs
4
5
6
7
8
9
10
11
12
6048.9
7829.0
5435.3
115.4
132.8
132.2
124.7
153.3
137.5
1747.1
1932.0
2203.1
2276.4
2657.2
3031.4
97.1
155.7
483.4
311.7
662.7
36.5
114.5
160.7
499.1
344.4
767.0
46.3
114.1
179.2
565.4
372.2
889.9
82.4
51.6
187.9
592.7
389.6
959.9
94.8
80.2
255.5
639.1
480.2
1106.1
96.1
66.3
297.4
791.1
526.6
1275.4
74.6
4
5
6
7
8
9
4175.7
10.7
4989.6
14.0
5476.9
16.8
3014.1
20.0
4136.2
14.9
4762.7
2.9
10
11
6048.9
7068.3
7829.0
5435.3
6961.6
7934.5
12
Open market paper

Treasury securities
Corporate equities
7068.3
(1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance sector (table L.117).
L.123 Closed-End and Exchange-Traded Funds

Billions of dollars
Closed-end funds
1
2
3
4
5
6
7

Treasury securities
Corporate equities
270.8
293.3
315.8
201.2
224.9
238.2
165.8
7.1
89.4
69.3
105.0
171.8
7.4
89.4
75.1
121.5
170.9
5.6
91.3
74.0
144.9
129.9
3.2
77.9
48.7
71.3
139.2
4.3
80.9
54.0
85.7
143.5
5.1
80.3
58.1
94.8
2
3
4
5
6
270.8
293.3
315.8
201.2
224.9
238.2
300.8
422.8
607.7
530.9
772.9
986.5
15.0
9.7
0.0
5.3
285.8
20.7
13.1
0.0
7.6
402.0
34.0
19.7
0.6
13.8
573.7
57.0
27.0
2.3
27.7
473.9
102.9
41.7
5.9
55.3
669.9
132.6
51.0
7.6
74.0
853.9
9
10
11
12
13
300.8
422.8
607.7
530.9
772.9
986.5
14
8
9
10
11
12
13
14

Treasury securities
Corporate equities
72
FFA, 2005-2010, September 16, 2011
L.124 Government-Sponsored Enterprises (GSEs) (1)

Billions of dollars
2
3
4

2005
2006
2007
2008
2009
2010
2819.4
2872.9
3174.3
3407.9
3047.3
6721.1
14.6
35.3
107.7
16.4
33.9
117.4
13.7
46.6
142.7
88.3
68.5
114.5
99.4
25.7
122.1
63.4
26.1
150.0
2
3
4
2543.9
2590.5
2829.5
3037.5
2699.7
6333.1
Open market paper

Treasury securities
13.8
13.1
751.1
32.4
14.2
714.0
27.7
15.5
702.9
6.8
16.8
910.0
9.7
21.9
924.5
9.9
55.2
377.0
6
7
8
9
10
39.7
465.7
36.1
481.7
33.3
464.4
31.3
386.6
29.1
310.8
24.9
293.9
9
10
11
12
13
14

Sallie Mae
Farm Credit System
FHLB
671.8
0.0
51.6
620.2
704.9
0.0
63.5
641.4
942.6
0.0
75.5
867.1
980.7
0.0
80.3
900.5
695.9
0.0
80.0
615.9
551.3
0.0
87.3
464.0
11
12
13
14
15
16
17
18
19
20
21
22
23
Mortgages
Home
Other
Other
Farm
Consumer credit (3)
588.8
453.9
0.0
453.9
93.0
0.0
93.0
42.0
0.0
607.2
457.6
0.0
457.6
105.4
0.0
105.4
44.2
0.0
643.1
447.9
0.0
447.9
147.7
0.0
147.7
47.6
0.0
705.3
456.6
0.0
456.6
190.2
0.0
190.2
58.5
0.0
707.7
445.4
0.0
445.4
204.4
0.0
204.4
57.9
0.0
5021.0
4701.5
4141.0
560.5
256.5
75.4
181.1
63.0
0.0
15
16
17
18
19
20
21
22
23
6
7
8
24
25
Total liabilities
26
27
28
29
30

GSE issues (4)
Other
31
117.8
114.7
141.7
99.1
100.3
148.6
24
2734.0
2781.2
3081.3
3390.2
2977.0
6589.1
25
2592.2
2592.2
0.0
2592.2
0.0
2627.8
2627.8
0.0
2627.8
0.0
2910.2
2910.2
0.0
2910.2
0.0
3181.9
3181.9
0.0
3181.9
0.0
2706.6
2706.6
0.0
2706.6
0.0
6434.5
6434.5
4216.4
2218.1
0.0
26
27
28
29
30
141.8
153.4
171.1
208.2
270.4
154.6
31
(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 (table L.125) are consolidated on Fannie Maes and
Freddie Macs balance sheets.
(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) Sallie Mae student loans.
L.125 Agency- and GSE-Backed Mortgage Pools (1)

Billions of dollars
1
3548.5
3841.1
4464.4
4961.4
5376.7
1139.5
2
3
4
5

Home mortgages
Farm mortgages
3446.4
101.3
0.0
0.8
3749.1
88.8
0.0
3.2
4371.8
88.1
0.0
4.5
4864.0
92.8
0.0
4.7
5266.5
105.7
0.0
4.5
1068.8
66.9
0.0
3.8
2
3
4
5
Total pool securities (liabilities)(2)
3548.5
3841.1
4464.4
4961.4
5376.7
1139.5
(1) GNMA, Fannie Mae, Freddie Mac, Farmer Mac, and Farmers Home Administration pools. Beginning 2010:Q1, almost all Fannie Mae and Freddie Mac mortgage pools are consolidated on Fannie
Maes and Freddie Macs balance sheets (table L.124). Also includes agency- and GSE-backed mortgage pool securities which 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.
FFA, 2005-2010, September 16, 2011
73
L.126 Issuers of Asset-Backed Securities (ABS)

Billions of dollars
2
3
4
Treasury securities
5
6
7
8
Mortgages (2)
Home
Commercial
9
10
11
12
13
14
15
16
Consumer credit
Trade credit
Total liabilities
Commercial paper
Corporate bonds (net) (3)
Memo:
Securitized assets not included above
Consumer leases (4)
REIT assets (5)
Securitized liabilities not included above
Commercial paper (6)
2005
2006
2007
2008
2009
2010
3387.8
4195.9
4540.7
4133.1
3366.1
2341.5
27.7
329.9
188.3
56.4
354.6
253.4
85.8
382.1
341.9
72.2
354.0
379.8
53.9
126.4
328.7
40.1
18.8
201.0
2
3
4
2132.2
1625.6
89.4
417.1
2762.1
2142.9
103.4
515.8
2935.6
2178.0
124.0
633.6
2585.2
1867.3
113.2
604.7
2218.0
1547.2
107.4
563.3
1898.1
1276.1
98.7
523.3
5
6
7
8
609.9
99.8
661.1
108.3
683.7
111.7
646.4
95.5
577.9
61.3
131.7
51.8
9
10
3391.9
4199.5
4543.8
4135.8
3368.5
2343.5
11
674.4
2717.5
837.4
3362.1
643.1
3900.7
559.3
3576.6
293.1
3075.4
120.2
2223.3
12
13
4.2
107.3
3.6
110.0
3.1
92.1
2.7
45.4
2.3
20.1
2.0
15.5
14
15
0.0
0.0
0.0
0.0
0.0
112.9
16
(1) Agency- and GSE-backed mortgage pool securities backing privately issued CMOs.
(2) Mortgages backing privately issued pool securities and privately issued CMOs.
(3) Liabilities net of assets.
The leased automobile is a nonfinancial asset.
(5) Included in table L.128.
(6) Included in table L.110 line 36.
L.127 Finance Companies (1)

Billions of dollars
1
2
3

5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21

Mortgages
Consumer credit
Total liabilities
Open market paper
Corporate bonds
Bank loans n.e.c.
Taxes payable
Other
Memo:
(1) Includes retail captive finance companies and mortgage companies.

(2) See footnote (3), table L.126.
1856.9
1891.3
1911.2
1851.7
1662.5
1590.0
17.4
52.2
15.8
47.4
16.2
48.6
16.5
49.4
17.0
51.0
15.3
45.9
2
3
1740.6
1811.6
1828.2
1755.9
1532.6
1482.8
203.5
479.2
541.4
516.5
184.8
498.0
594.4
534.4
189.4
523.0
531.9
584.1
192.4
539.9
447.9
575.8
198.6
448.9
397.4
487.8
179.0
441.0
344.2
518.6
5
6
7
8
46.7
16.4
18.2
30.0
61.9
46.0
1828.3
1876.8
1949.6
1880.5
1630.3
1536.7
10
1108.6
1144.2
1279.6
1200.3
1044.1
962.1
11
160.0
806.5
142.1
0.0
165.3
849.7
129.2
0.0
123.5
974.1
182.0
0.0
100.9
924.5
174.9
0.0
62.1
837.5
144.5
0.0
63.8
818.7
79.6
0.0
12
13
14
15
16.9
702.8
38.8
312.2
351.8
17.0
715.7
51.1
338.5
326.0
15.5
654.4
68.6
321.4
264.4
15.4
664.8
78.1
313.0
273.7
12.7
573.6
75.0
280.5
218.1
12.9
561.7
83.6
264.6
213.5
16
17
18
19
20
85.3
106.0
122.9
111.1
85.4
72.7
21
74
FFA, 2005-2010, September 16, 2011
L.128 Real Estate Investment Trusts (REITs)

Billions of dollars
2005
4
5

6
7
8
9
Mortgages
Home
Commercial
10
2007
2008
2009
2010
305.8
344.5
318.5
250.6
241.2
283.0
13.6
18.4
16.6
18.4
26.3
23.5
240.3
266.4
246.5
177.6
168.9
206.0
40.6
53.0
65.4
64.6
88.9
34.4
89.6
11.7
105.1
15.5
143.3
20.8
4
5
146.7
127.9
1.9
16.8
136.3
104.2
5.0
27.1
123.1
80.7
5.2
37.3
76.3
34.3
4.3
37.7
48.3
12.6
2.3
33.4
41.9
8.9
1.9
31.2
6
7
8
9
51.9
59.7
55.4
54.6
46.1
53.5
10
11
Total liabilities
534.2
571.8
580.5
511.6
458.8
501.7
11
12
Security RPs
83.5
97.9
91.7
79.4
90.4
120.5
12
13
395.5
411.0
421.2
367.4
317.4
321.9
13
0.0
216.7
33.3
145.5
0.0
230.6
28.4
152.1
0.0
231.3
33.2
156.7
0.0
171.0
32.8
163.5
0.0
129.8
20.7
166.9
0.0
129.7
18.5
173.8
14
15
16
17
55.3
63.0
67.6
64.9
51.1
59.3
18
107.3
0.0
102.5
0.1
4.7
110.0
0.0
92.7
0.4
17.0
92.1
0.0
72.4
0.4
19.3
45.4
0.0
31.8
0.4
13.2
20.1
0.0
6.1
0.4
13.7
15.5
0.0
7.2
0.4
8.0
19
20
21
22
23
14
15
16
17
18
19
20
21
22
23
2006
Open market paper

Corporate bonds
Bank loans n.e.c.
Mortgages
Memo:
Securitized assets included above
Home mortgages
FFA, 2005-2010, September 16, 2011
75
L.129 Security Brokers and Dealers

Billions of dollars
3
4
5
6
7
8
9

Open market paper
Treasury securities
10
11
12
13
Corporate equities
Security credit
Total liabilities
14
Security RPs (net)
15
16
17

Corporate bonds
18
19
20
21
22
23
Trade payables
Security credit
Taxes payable
24
25
26
27
Due to affiliates
Other
2005
2006
2007
2008
2009
2010
2127.1
2741.7
3092.0
2217.2
2084.2
2075.1
56.5
80.5
105.0
120.1
90.7
96.9
477.2
60.2
-64.6
101.0
42.9
315.7
22.0
583.4
64.3
-67.0
138.0
50.9
355.5
41.7
803.1
87.1
-60.0
290.2
50.1
382.8
52.8
717.4
65.7
190.6
242.6
38.7
123.8
55.9
525.3
41.5
123.0
110.9
35.4
171.3
43.2
557.5
36.2
94.5
149.8
40.0
189.5
47.4
3
4
5
6
7
8
9
158.3
232.4
1202.6
186.4
292.1
1599.4
224.8
325.5
1633.7
109.2
164.8
1105.7
124.2
203.0
1141.0
117.2
278.2
1025.3
10
11
12
2052.6
2669.1
3019.4
2158.1
1987.8
1990.2
13
733.6
1071.8
1147.3
586.9
470.9
404.7
14
62.4
62.4
0.0
68.8
68.8
0.0
64.8
64.8
0.0
142.6
97.1
45.5
92.9
92.9
0.0
129.7
129.7
0.0
15
16
17
43.1
806.0
575.3
95.6
135.1
2.1
48.3
957.8
655.7
116.5
185.6
2.8
45.8
1200.9
866.4
145.9
188.6
2.2
21.2
963.6
742.7
158.6
62.3
2.5
70.1
888.2
668.6
158.0
61.6
5.7
18.1
936.6
694.3
152.3
90.1
3.6
18
19
20
21
22
23
405.5
49.9
544.5
-188.9
519.5
61.0
596.5
-137.9
558.4
62.6
560.4
-64.6
441.4
72.1
626.1
-256.8
460.1
74.5
1158.5
-773.0
497.5
103.0
1142.8
-748.2
24
25
26
27
(1) Loans extended through the Federal Reserves Primary Dealer Credit Facility (PDCF) and the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF).
L.130 Funding Corporations (1)

Billions of dollars
1
1341.2
1460.4
1852.3
2858.7
2406.4
2290.9
2
3

Security RPs
421.1
0.0
463.0
0.0
791.6
0.0
1065.3
0.0
890.5
0.1
713.0
0.1
2
3
317.4
363.5
309.2
999.9
764.4
871.7
239.3
67.5
10.6
289.1
60.4
14.1
118.4
170.0
20.8
296.8
667.3
35.9
28.0
710.2
26.1
90.1
760.1
21.4
5
6
7
0.0
602.8
188.8
414.0
0.0
633.9
197.3
436.5
0.0
751.5
241.0
510.5
0.0
793.5
276.6
516.9
25.1
726.3
203.1
523.2
26.4
679.8
171.6
508.2
8
9
10
11
1341.2
1460.4
1852.3
2858.7
2406.4
2290.9
12
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
Open market paper

Investment in foreign banking offices
Investment in brokers and dealers
Total liabilities
Open market paper
Corporate bonds
Securities loaned (net)
Equity interest under PPIP
Other (net)
619.9
645.3
786.4
1252.8
816.8
751.4
13
274.5
345.3
0.0
0.0
278.3
367.0
0.0
0.0
367.9
418.5
0.0
0.0
388.0
419.9
444.9
0.0
261.7
457.8
95.3
2.0
214.3
454.6
73.4
9.2
14
15
16
17
721.4
8.4
939.7
0.0
-226.8
815.1
9.0
1242.3
0.0
-436.2
1065.9
9.6
1240.2
0.0
-183.9
1605.9
10.2
887.0
0.0
708.6
1589.6
10.8
856.8
1.8
720.2
1539.4
11.4
733.4
7.7
787.0
18
19
20
21
22
(1) Funding subsidiaries, nonbank financial holding companies, custodial accounts for reinvested collateral of securities lending operations, Federal Reserve lending facilities,
and funds associated with the Public-Private Investment Program (PPIP).
(2) Common stock of American International Assurance Company Ltd. (AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG.
(3) Loans extended by the Federal Reserve to Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, Commercial Paper Funding Facility LLC, and American International Group (AIG).
(4) Loans extended by the federal government to the Term Asset-Backed Securities Loan Facility (TALF) and to funds associated with PPIP.
76
FFA, 2005-2010, September 16, 2011
L.200 U.S. Official Reserve Assets (1)

Billions of dollars
2005
Total liabilities
Federal government: SDR allocations
3
4
5
6
Rest of the world

SDR holdings
Total assets
8
9
10
11
12
Federal government
Monetary gold (2)
SDR holdings
13
Rest of the world: SDR allocations
14
15
16
17
Monetary authority
Monetary gold (2)
18
Discrepancy: monetary gold
2006
2007
2008
2009
2010
61.1
62.2
67.3
74.2
175.1
175.8
7.0
7.4
7.7
7.5
55.4
54.4
54.1
8.2
8.0
37.8
54.9
8.9
5.0
40.9
59.5
9.5
4.2
45.8
66.6
9.3
7.7
49.6
119.7
57.8
11.4
50.5
121.4
56.8
12.5
52.1
3
4
5
6
72.1
73.3
78.3
85.2
186.1
186.8
35.3
0.0
8.2
8.1
18.9
34.5
0.0
8.9
5.2
20.5
36.4
0.0
9.5
4.4
22.5
41.9
0.0
9.3
7.8
24.8
94.6
0.0
57.8
11.5
25.2
95.4
0.0
56.8
12.6
26.0
8
9
10
11
12
7.0
7.4
7.7
7.5
55.4
54.4
13
29.9
11.0
-0.1
18.9
31.4
11.0
-0.1
20.5
34.2
11.0
-0.1
23.3
35.7
11.0
-0.1
24.8
36.2
11.0
-0.1
25.3
37.0
11.0
-0.1
26.1
14
15
16
17
-11.0
-11.0
-11.0
-11.0
-11.0
-11.0
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
SDR certificates:
1
2

2.2
2.2
2.2
2.2
2.2
2.2
2.2
2.2
5.2
5.2
5.2
5.2
1
2
Treasury currency:
3
4

27.5
36.5
28.1
38.2
27.4
38.7
26.6
38.7
26.2
42.7
25.9
43.5
3
4
Discrepancy (seigniorage)
-9.1
-10.1
-11.3
-12.1
-16.5
-17.6
997.8
1085.0
1340.9
946.7
840.6
912.3
59.9
63.6
94.7
65.2
49.3
84.1
80.5
50.3
127.3
56.9
24.7
129.3
50.5
31.6
97.1
54.8
72.2
105.9
2
3
4
779.5
886.3
1082.9
735.8
661.3
679.4
L.202 U.S. Deposits in Foreign Countries

Billions of dollars
1
2
3
4
5
Total rest of the world liability

Held by:
Household sector
FFA, 2005-2010, September 16, 2011
77
L.203 Net Interbank Transactions

Billions of dollars
2005
1
2
3
4
5
6
7
8
9
10
11
12
13

Monetary authority
Rest of the world
Monetary authority
Credit unions
Discrepancy
2006
2007
2008
2009
2010
197.4
186.1
88.6
1890.5
1281.5
1091.6
69.1
288.5
-141.7
-18.5
70.4
363.0
-213.0
-34.2
75.8
502.0
-404.1
-85.1
917.7
1291.0
-163.7
-154.6
1031.9
672.1
-322.5
-100.0
1020.8
421.7
-275.2
-75.7
2
3
4
5
176.1
166.8
67.5
1838.9
1195.4
1029.8
106.0
1.0
65.5
0.9
2.7
0.0
96.7
-0.3
67.8
0.6
2.0
0.0
-56.9
48.6
72.2
1.0
2.6
0.0
362.9
558.2
635.1
239.0
39.0
4.7
68.9
94.5
679.5
284.1
45.5
22.8
10.2
-1.2
588.4
350.8
44.8
36.9
7
8
9
10
11
12
21.3
19.3
21.1
51.7
86.1
61.8
13
50.1
50.1
51.7
51.7
55.0
55.0
57.7
57.7
54.9
54.9
52.7
52.7
14
15
19.0
15.4
0.9
2.7
0.0
18.7
16.1
0.6
2.0
0.0
20.8
17.2
1.0
2.6
0.0
860.0
577.4
239.0
39.0
4.7
977.0
624.6
284.1
45.5
22.8
968.1
535.7
350.8
44.8
36.9
16
17
18
19
20
1.0
0.9
0.1
1.0
-0.3
-0.3
0.1
-0.3
48.6
-0.0
48.6
48.6
558.2
-1.5
559.7
558.2
94.5
-2.1
96.6
94.5
-1.2
-1.4
0.2
-1.2
21
22
23
24
320.9
487.7
166.8
432.3
586.4
154.2
496.2
650.7
154.5
668.8
782.2
113.3
559.5
760.8
201.3
477.1
783.5
306.5
25
26
27
-176.0
333.9
509.9
-255.2
524.5
779.7
-424.0
529.0
953.0
-179.6
536.4
716.1
-350.9
538.9
889.8
-307.8
635.6
943.4
28
29
30
-27.1
42.2
69.4
-68.4
19.7
88.1
-110.6
51.6
162.2
-101.5
143.6
245.1
-125.1
127.9
253.0
-135.6
120.4
256.0
31
32
33
11.7
11.0
0.7
12.0
11.9
0.1
18.6
17.9
0.7
24.7
24.5
0.3
14.6
9.3
5.4
23.4
14.9
8.5
34
35
36
106.0
96.7
-56.9
362.9
68.9
10.2
37
-22.3
105.6
82.9
1.4
-57.1
118.7
97.8
1.6
-24.9
135.1
113.2
0.8
88.5
118.2
65.8
0.7
27.4
141.0
43.6
11.2
-39.2
113.7
41.9
10.0
38
39
40
41
128.0
117.9
10.0
175.8
140.0
35.8
160.1
133.7
26.4
29.8
82.1
-52.3
113.6
77.4
36.3
152.9
82.9
69.9
42
43
44
21.3
19.3
21.1
51.7
86.1
61.8
45
Memo:
Vault cash:
14
15

Depository institution reserves:
16
17
18
19
20

Credit unions
Other transactions with the monetary authority
21
22
23
24
Liab: U.S.-chartered commercial banks

Loans to member banks
Transactions with banks in foreign countries (net):
25
26
27
Liab.: U.S.-chartered commercial banks (net)

28
29
30

31
32
33

34
35
36
Less: Deposits at foreign banks

37
Asset: Rest of the world (1)

Transactions between U.S. banks (net) (2):
38
39
40
41
42
43
44
45

Due to (3):
- Due from:
Unallocated (2)
(1) Sum of lines 25, 28, and 31 less line 34.

(2) Interbank transactions between U.S. banks should net to zero and thus are not shown in lines 1 through 12 above. However, the unallocated amount (line 45), which is due to inconsistencies
in source data, appears on line 13 as the discrepancy between liabilities and assets.
(3) Sum of lines 40, 41, and 45.
78
FFA, 2005-2010, September 16, 2011
L.204 Checkable Deposits and Currency

Billions of dollars
2006
2007
2008
2009
2010
1527.2
1507.3
1532.9
2101.3
2093.4
2359.8
Monetary authority
Federal government cash and deposits
750.8
4.8
2.0
0.1
743.9
774.3
5.0
0.8
0.1
768.5
792.1
16.4
1.7
0.1
773.9
1220.3
365.7
21.1
1.4
832.2
1102.7
191.9
35.1
2.4
873.3
1287.8
340.9
13.5
3.4
930.0
2
3
4
5
6
7
8
9
10

Federal government deposits
587.7
33.9
17.4
536.5
551.2
28.0
26.8
496.4
560.2
42.9
31.7
485.5
700.9
3.5
62.9
634.6
781.9
3.8
34.2
743.8
852.2
3.6
30.4
818.1
7
8
9
10
11
12
13

9.3
2.3
7.0
9.3
2.1
7.2
11.8
2.3
9.5
13.5
4.7
8.8
16.1
10.5
5.6
21.9
14.6
7.3
11
12
13
14
15
16

Credit unions
13.3
85.0
81.1
14.0
85.9
72.6
15.7
79.4
73.7
14.6
76.6
75.3
16.1
89.7
86.9
16.6
88.9
92.4
14
15
16
1527.2
1507.3
1532.9
2101.3
2093.4
2359.8
17
2
3
4
5
6
17
Total liabilities
2005
Total assets
18
Household sector
216.9
173.1
90.3
292.0
380.0
273.0
18
19
20
21
22
Corporate
Farm
646.2
267.8
355.5
22.9
604.5
150.9
428.6
25.0
662.9
141.9
494.3
26.8
558.0
32.7
497.6
27.7
656.1
168.7
458.8
28.6
875.9
410.4
436.4
29.2
19
20
21
22
23
24

Federal government
56.5
36.8
61.9
32.9
57.1
56.5
65.6
368.0
84.9
193.6
91.5
342.1
23
24
25
26
27
Rest of the world

Checkable deposits
Currency
300.1
19.7
280.4
311.6
28.9
282.6
306.1
34.2
272.0
370.1
69.0
301.1
360.9
47.2
313.8
390.4
48.3
342.1
25
26
27
28
Financial sectors
261.5
315.8
350.0
441.0
411.6
381.1
28
29
30
31

Credit unions
3.0
23.7
38.1
2.9
20.4
44.4
2.6
20.0
43.3
3.2
8.7
37.6
4.2
4.5
39.1
3.3
2.2
32.8
29
30
31
32
33
34
35

21.0
47.7
10.8
15.8
29.9
56.1
11.2
13.1
42.7
58.3
11.8
17.9
27.9
82.8
12.3
17.8
27.6
50.7
16.4
17.7
32.6
51.7
28.0
17.3
32
33
34
35
36
37
38
39
40

Finance companies
REITs
Brokers and dealers
-0.9
14.6
17.4
13.6
56.5
6.7
16.4
15.8
18.4
80.5
1.9
13.7
16.2
16.6
105.0
7.5
88.3
16.5
18.4
120.1
17.9
99.4
17.0
26.3
90.7
14.2
63.4
15.3
23.5
96.9
36
37
38
39
40
9.2
7.5
10.0
6.4
6.3
5.7
41
41
Mail float
FFA, 2005-2010, September 16, 2011
79
L.205 Time and Savings Deposits

Billions of dollars
1
2
Total liabilities
2005
2006
2007
2008
2009
2010
6387.6
6995.8
7606.7
7940.9
8316.3
8432.4
4598.1
4945.1
5224.5
5749.3
6326.5
6624.9
3493.1
10.0
23.9
3770.9
18.6
25.2
4025.9
25.5
26.3
4566.2
25.6
27.4
4949.1
29.9
24.5
5225.9
35.7
19.3
3
4
5
3
4
5

6
7
Credit unions
618.5
452.5
647.5
483.0
638.1
508.7
578.5
551.7
667.9
655.1
662.7
681.3
6
7
Large time deposits (1)
1789.5
2050.8
2382.2
2191.6
1989.8
1807.5
9
10
11

838.1
501.7
23.9
968.0
634.5
25.2
991.1
907.9
26.3
1015.6
784.7
27.4
841.7
958.6
24.5
691.6
909.0
19.3
9
10
11
12
13
Credit unions
363.3
62.5
358.0
65.0
387.1
69.9
293.5
70.4
137.7
27.3
157.6
30.1
12
13
6387.6
6995.8
7606.7
7940.9
8316.3
8432.4
14
14
Total assets
15
Household sector
4913.9
5400.4
5888.5
6082.8
6210.8
6456.4
15
16
17
18
Corporate
774.5
450.4
324.1
841.4
497.0
344.4
800.7
441.3
359.3
740.0
381.9
358.1
821.3
491.2
330.1
787.9
473.9
314.0
16
17
18
19
20
21

Federal government
Rest of the world
183.3
1.4
155.9
209.6
1.7
167.4
245.9
2.8
207.6
265.1
1.6
273.1
275.9
1.9
229.9
275.5
2.0
234.4
19
20
21
22
Financial sectors
358.7
375.5
461.1
578.4
776.4
676.3
22
23
24
Credit unions
2.7
21.9
6.6
17.0
9.9
17.0
8.3
28.3
15.3
37.8
15.3
43.2
23
24
25
26

62.2
1.3
63.1
0.8
67.7
0.7
67.9
0.7
72.7
0.7
77.1
0.7
25
26
27
28
29

Finance companies
183.0
35.3
52.2
206.7
33.9
47.4
270.6
46.6
48.6
355.2
68.5
49.4
573.2
25.7
51.0
468.0
26.1
45.9
27
28
29
2006.9
2312.1
3033.1
3757.3
3258.3
2755.3
Household sector
Rest of the world
949.2
348.2
69.0
71.7
23.0
1114.5
416.3
72.2
78.5
27.0
1346.7
544.4
74.3
81.9
46.0
1581.8
702.6
75.4
80.5
69.7
1313.1
646.1
69.5
85.0
80.3
1129.6
517.5
66.1
89.7
82.7
2
3
4
5
6

12.8
13.5
86.7
11.7
421.1
13.5
23.3
90.1
13.8
463.0
20.7
21.6
93.5
12.4
791.6
32.8
39.2
95.7
14.3
1065.3
29.6
33.7
96.4
14.3
890.5
25.6
21.0
96.3
13.9
713.0
7
8
9
10
11
(1) Large time deposits are those issued in amounts of $100,000 or more.
L.206 Money Market Mutual Fund Shares

Billions of dollars
1
2
3
4
5
6
7
8
9
10
11
Total assets
80
FFA, 2005-2010, September 16, 2011
L.207 Federal Funds and Security Repurchase Agreements

Billions of dollars
1
2
3
4
5
6
7
8
9
10
11
Total liabilities
Monetary authority
REITs
Brokers and dealers (net)
Total assets
2005
2006
2007
2008
2009
2010
1748.5
2151.7
2159.8
1270.3
1452.4
1227.4
30.5
626.1
190.9
0.6
61.0
1.3
20.9
83.5
733.6
29.6
647.5
239.9
0.8
41.8
1.2
21.2
97.9
1071.8
44.0
611.4
226.3
0.8
17.6
0.5
20.2
91.7
1147.3
88.4
352.4
130.0
0.4
17.6
2.4
12.9
79.4
586.9
77.7
624.0
170.3
-47.7
53.6
0.6
12.4
90.4
470.9
59.7
409.5
223.2
-49.5
47.6
1.5
10.3
120.5
404.7
2
3
4
5
6
7
8
9
10
1065.1
1294.8
1536.9
1243.7
1048.3
937.3
11
12
13
14
15
16
17

Rest of the world (net)
Monetary authority
Credit unions (net)
14.6
141.2
231.2
46.8
9.0
6.7
15.5
154.6
364.6
40.8
18.3
5.1
8.1
161.2
338.4
46.5
45.6
2.5
7.2
158.6
114.9
80.0
34.7
-2.3
8.0
167.3
31.0
0.0
12.0
0.1
12.4
176.5
-98.6
0.0
5.4
0.0
12
13
14
15
16
17
18
19
20
21
22
23
24
25

Mutual funds
Government-sponsored enterprises (net)
2.7
2.6
21.6
19.7
346.0
115.4
107.7
0.0
1.9
2.6
22.4
24.1
394.6
132.8
117.4
0.0
3.6
2.7
25.8
21.7
605.9
132.2
142.7
0.0
4.4
8.0
33.1
23.5
542.4
124.7
114.5
0.0
4.5
10.2
36.2
23.5
479.9
153.3
122.1
0.1
3.8
10.9
37.1
22.8
479.4
137.5
150.0
0.1
18
19
20
21
22
23
24
25
683.3
856.9
622.8
26.6
404.0
290.1
26
1644.2
1958.0
1788.6
1599.3
1137.4
1057.5
1640.1
90.1
384.0
29.0
355.0
1166.1
0.0
57.1
674.4
160.0
0.0
274.5
1957.5
112.5
482.3
27.0
455.3
1362.7
0.0
81.7
837.4
165.3
0.0
278.3
1788.1
123.8
413.0
29.0
384.0
1251.3
0.0
116.7
643.1
123.5
0.0
367.9
1599.3
131.5
342.0
49.7
292.3
1125.8
0.0
77.7
559.3
100.9
0.0
388.0
1137.4
58.4
401.3
34.5
366.8
677.6
0.0
60.8
293.1
62.1
0.0
261.7
1057.5
82.9
398.6
30.6
368.0
575.9
112.9
64.7
120.2
63.8
0.0
214.3
2
3
4
5
6
7
8
9
10
11
12
13
4.1
3.3
0.8
0.5
0.0
0.5
0.5
0.0
0.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
14
15
16
1644.2
1958.0
1788.6
1599.3
1137.4
1057.5
17
26
L.208 Open Market Paper

Billions of dollars
1
Total outstanding, all types
2
3
4
5
6
7
8
9
10
11
12
13
Commercial paper
Foreign issues in U.S.
Nonfinancial
Financial
Financial business
ABS issuers
Finance companies
REITs
14
15
16
Bankers acceptances (1)

17
Holdings, by sector
18
19
20
21
22
23
24
25
26
Household sector
Rest of the world
Monetary authority
U.S.-chartered commercial banks (1)
Foreign banking offices in U.S. (1)
Credit unions
98.4
111.0
184.8
239.6
0.0
0.0
0.0
0.0
0.8
117.5
122.7
202.4
286.3
0.0
0.0
0.0
0.0
1.0
107.3
69.5
191.1
278.1
0.0
0.0
0.0
0.0
0.4
6.0
57.3
127.6
232.9
0.0
15.7
0.0
0.0
0.0
34.6
56.9
74.1
191.5
0.0
0.0
0.0
0.0
0.0
63.4
72.7
46.1
192.4
0.0
0.0
0.0
0.0
0.0
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35

Mutual funds
Brokers and dealers
15.8
24.4
31.5
35.2
492.2
97.1
13.8
60.2
239.3
16.4
28.7
31.7
42.8
608.3
114.5
32.4
64.3
289.1
13.3
41.7
26.9
38.4
674.6
114.1
27.7
87.1
118.4
19.1
38.3
37.2
25.9
618.5
51.6
6.8
65.7
296.8
9.8
49.8
26.7
24.0
510.5
80.2
9.7
41.5
28.0
7.9
40.9
15.0
22.4
394.2
66.3
9.9
36.2
90.1
27
28
29
30
31
32
33
34
35
(1) Excludes banks holdings of own acceptances.
FFA, 2005-2010, September 16, 2011
81
L.209 Treasury Securities

Billions of dollars
2005
2006
2007
2008
2009
2010
4678.0
4861.7
5099.2
6338.2
7781.9
9361.5
205.1
4472.9
202.4
4659.4
196.4
4902.8
194.0
6144.2
191.2
7590.7
187.9
9173.6
2
3
4678.0
4861.7
5099.2
6338.2
7781.9
9361.5
Household sector
Savings bonds
464.3
205.1
259.2
384.1
202.4
181.7
255.6
196.4
59.2
246.1
194.0
52.2
802.1
191.2
610.9
1105.6
187.9
917.7
5
6
7
8
9
10

52.1
56.2
481.4
45.5
56.3
526.9
38.3
59.3
534.1
30.5
51.8
485.5
39.1
47.8
505.6
39.5
45.4
512.9
8
9
10
11
12
Rest of the world

Monetary authority
1984.4
744.2
2126.2
778.9
2376.4
740.6
3253.0
475.9
3671.4
776.6
4385.3
1021.5
11
12
13
14
15
16

64.2
27.8
1.1
3.9
61.9
26.8
2.5
3.7
73.0
30.4
7.1
1.8
53.4
35.5
3.1
1.2
117.7
61.4
5.8
0.5
211.6
66.2
19.6
1.1
13
14
15
16
17
18
Credit unions
12.3
7.7
12.5
7.4
7.0
10.4
3.0
8.8
6.8
14.2
5.9
18.4
17
18
19
20
21
22
23

106.9
95.4
116.5
153.8
68.4
110.0
87.9
130.8
156.2
76.7
71.3
70.6
169.5
141.6
88.0
65.6
105.7
184.9
146.4
112.3
88.5
133.5
310.7
174.5
119.1
91.7
156.6
486.7
185.6
129.2
19
20
21
22
23
24
25
26
27
28
29
30

Mutual funds
Closed-end funds
ABS issuers
Brokers and dealers
88.6
155.7
7.1
9.7
13.1
27.7
-64.6
82.7
160.7
7.4
13.1
14.2
56.4
-67.0
178.1
179.2
5.6
19.7
15.5
85.8
-60.0
577.7
187.9
3.2
27.0
16.8
72.2
190.6
406.4
255.5
4.3
41.7
21.9
53.9
123.0
335.4
297.4
5.1
51.0
55.2
40.1
94.5
24
25
26
27
28
29
30
4701.9
4885.3
5122.3
6361.5
7805.4
9385.6
31
1
2
3
4
5
6
7
Total liabilities
Savings bonds
Total assets
Memo:
31
Federal government debt (1)
(1) Total Treasury securities (table L.209, line 1) plus budget agency securities (table L.210, line 2) and federal mortgage debt (table L.217, line 12).
82
FFA, 2005-2010, September 16, 2011
L.210 Agency- and GSE-Backed Securities (1)

Billions of dollars
1
2
3
4
5
6
7
8
Total liabilities
Budget agencies
Total assets
Household sector
2005
2006
2007
2008
2009
2010
6164.5
6492.4
7397.7
8166.7
8106.8
7598.2
23.8
2592.2
3548.5
23.5
2627.8
3841.1
23.1
2910.2
4464.4
23.3
3181.9
4961.4
23.5
2706.6
5376.7
24.2
6434.5
1139.5
2
3
4
6164.5
6492.4
7397.7
8166.7
8106.8
7598.2
496.8
17.4
401.6
405.6
15.2
439.9
668.9
12.8
458.7
712.1
10.2
451.1
114.3
13.0
436.1
205.5
13.2
442.3
6
7
8
0.0
1012.9
0.0
0.0
1263.6
0.0
0.0
1582.4
0.0
54.4
1406.9
19.7
196.4
1154.8
1068.3
149.2
1077.3
1139.6
9
10
11
9
10
11
Federal government
Rest of the world
Monetary authority
12
13
14
15

992.7
50.9
11.2
34.8
1040.3
55.1
11.2
29.0
928.9
57.1
9.9
26.3
1068.7
50.5
25.8
24.4
1224.0
32.1
24.3
20.5
1310.8
27.3
21.1
12.8
12
13
14
15
16
17
Credit unions
192.3
86.4
177.0
72.5
177.4
68.4
173.8
82.9
193.4
110.8
216.4
145.6
16
17
18
19
20
21
22

117.9
368.5
252.0
258.4
4.6
122.0
377.4
268.6
307.8
4.7
125.8
382.9
296.8
331.1
5.0
114.3
366.2
318.1
337.5
5.1
116.2
371.9
269.1
306.9
5.6
115.8
376.0
170.9
285.2
6.3
18
19
20
21
22
23
24
25

Mutual funds
160.1
483.4
751.1
131.4
499.1
714.0
235.9
565.4
702.9
756.2
592.7
910.0
543.0
639.1
924.5
402.8
791.1
377.0
23
24
25
26
27
28
ABS issuers
REITs
Brokers and dealers
329.9
40.6
101.0
354.6
65.4
138.0
382.1
88.9
290.2
354.0
89.6
242.6
126.4
105.1
110.9
18.8
143.3
149.8
26
27
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 GNMA, Fannie Mac, 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 in table L.209, line 31.
FFA, 2005-2010, September 16, 2011
83
L.211 Municipal Securities and Loans

Billions of dollars
Total liabilities
2
3
4

Short-term (1)
Long-term
5
6
Nonprofit organizations (2)

(industrial revenue bonds)
Total assets
2005
2006
2007
2008
2009
2010
2225.8
2403.2
2618.8
2680.2
2809.5
2928.0
1843.9
105.9
1737.9
1996.9
102.8
1894.2
2187.3
120.1
2067.2
2237.9
132.6
2105.3
2346.8
135.6
2211.2
2452.8
150.0
2302.8
2
3
4
205.2
176.8
224.1
182.2
241.2
190.3
249.3
193.0
264.1
198.5
268.1
207.1
5
6
2225.8
2403.2
2618.8
2680.2
2809.5
2928.0
8
9
10
11
12
Household sector
Rest of the world
820.9
32.1
4.4
5.0
29.0
872.0
28.1
5.8
5.5
34.4
896.0
29.2
5.3
5.7
45.1
903.8
26.2
4.9
5.6
50.5
1010.2
27.3
4.5
5.9
57.0
1090.3
21.0
4.3
6.3
73.0
8
9
10
11
12
13
14
15
16

157.2
0.0
0.5
9.0
178.9
0.0
1.3
11.2
190.9
0.0
2.0
11.0
214.1
0.0
2.5
7.8
215.1
0.0
3.5
9.2
243.5
0.0
2.5
11.1
13
14
15
16
17
18
19

313.2
32.5
1.7
335.2
36.6
3.3
371.3
41.4
2.4
381.9
47.1
1.4
369.4
73.1
1.5
348.4
112.3
1.6
17
18
19
20
21
22
23
24
25

Mutual funds
Closed-end funds
Brokers and dealers
336.8
311.7
89.4
0.0
39.7
42.9
370.3
344.4
89.4
0.0
36.1
50.9
471.0
372.2
91.3
0.6
33.3
50.1
494.6
389.6
77.9
2.3
31.3
38.7
401.3
480.2
80.9
5.9
29.1
35.4
334.4
526.6
80.3
7.6
24.9
40.0
20
21
22
23
24
25
(1) Debt with original maturity of 13 months or less.

(2) Liability of the households and nonprofit organizations sector (tables F.100 and L.100).
84
FFA, 2005-2010, September 16, 2011
L.212 Corporate and Foreign Bonds

Billions of dollars
2006
2007
2008
2009
2010
8693.8
9981.8
11435.1
11012.5
11508.4
11472.5
2
3

3031.1
1011.6
3246.7
1275.5
3557.9
1587.1
3762.5
1237.3
4139.7
1570.3
4560.3
1737.3
2
3
Financial sectors
4651.1
5459.6
6290.1
6012.8
5798.4
5175.0
121.7
372.4
8.7
149.2
421.5
10.7
174.4
516.0
10.4
182.4
638.9
2.4
174.1
1028.7
2.3
434.1
982.2
2.7
5
6
7
2717.5
806.5
216.7
62.4
345.3
3362.1
849.7
230.6
68.8
367.0
3900.7
974.1
231.3
64.8
418.5
3576.6
924.5
171.0
97.1
419.9
3075.4
837.5
129.8
92.9
457.8
2223.3
818.7
129.7
129.7
454.6
8
9
10
11
12
8693.8
9981.8
11435.1
11012.5
11508.4
11472.5
13
1298.7
127.2
0.0
1762.9
1552.8
139.4
0.0
2320.5
2017.2
145.3
0.0
2719.1
1955.0
142.9
0.0
2354.0
2167.2
150.9
0.6
2467.0
1846.5
159.1
0.9
2487.4
14
15
16
17
411.6
262.8
11.8
0.8
80.2
23.5
470.7
292.5
16.7
0.4
92.7
30.6
572.4
369.5
35.9
0.5
142.2
34.6
542.0
401.6
35.8
0.5
108.5
25.7
582.6
244.9
31.1
2.0
84.5
18.6
474.9
233.9
38.3
0.6
73.9
0.0
18
19
20
21
22
23
262.8
1824.8
290.0
227.9
2.9
277.0
1819.5
317.6
283.4
2.9
282.9
1862.6
357.4
297.0
3.0
267.5
1817.0
400.1
312.9
2.9
298.3
1914.7
442.9
308.6
3.0
322.6
2030.2
483.5
312.4
3.2
24
25
26
27
28
5
6
7
8
9
10
11
12
13
Total liabilities
2005

ABS issuers (net) (3)
Finance companies
REITs
Brokers and dealers
Total assets
14
15
16
17
Household sector
Federal government
18
19
20
21
22
23

Credit unions
24
25
26
27
28

29
30
31
32

Mutual funds
Closed-end funds
263.2
662.7
69.3
5.3
368.3
767.0
75.1
7.6
376.8
889.9
74.0
13.8
228.0
959.9
48.7
27.7
169.9
1106.1
54.0
55.3
154.2
1275.4
58.1
74.0
29
30
31
32
33
34
35
36
37
Finance companies
REITs
Brokers and dealers
465.7
203.5
53.0
315.7
67.5
481.7
184.8
64.6
355.5
60.4
464.4
189.4
34.4
382.8
170.0
386.6
192.4
11.7
123.8
667.3
310.8
198.6
15.5
171.3
710.2
293.9
179.0
20.8
189.5
760.1
33
34
35
36
37
(1) Holdings of foreign issues by U.S. residents.

(2) Holdings of U.S. issues by foreign residents.
(3) Liabilities net of assets.
FFA, 2005-2010, September 16, 2011
85
L.213 Corporate Equities (1)

Billions of dollars
Issues at market value
3
4

2006
2007
2008
2009
2010
20636.1
24339.3
25580.9
15640.5
20123.2
23247.0
12686.6
14602.3
15730.7
10016.6
12494.7
14429.6
3317.7
4631.9
4329.0
5408.0
5248.0
4602.2
2748.4
2875.4
3995.3
3633.2
4485.6
4331.8
3
4
20636.1
24339.3
25580.9
15640.5
20123.2
23247.0
Household sector
Federal government
8093.6
96.8
0.0
2039.1
9644.6
106.0
0.0
2448.1
9633.2
111.6
0.0
2812.2
5742.7
86.2
188.7
1806.6
7365.9
122.3
67.4
2515.7
8532.6
113.6
40.9
3060.3
6
7
8
9
10
11
12
13
14
15
16
17
18
Monetary authority
0.0
24.1
0.0
26.2
199.5
1161.8
2441.7
1715.8
112.6
0.0
35.3
0.0
24.9
227.0
1364.8
2724.8
1926.1
138.1
0.0
41.5
0.0
25.3
236.2
1464.6
2673.3
2013.7
149.1
0.0
6.7
0.0
22.7
193.3
1001.7
1599.7
1237.9
85.6
25.1
30.3
0.0
22.2
219.8
1208.5
1835.7
1549.8
119.4
26.4
38.2
0.1
19.7
219.2
1402.6
2012.3
1782.5
143.7
10
11
12
13
14
15
16
17
18
19
20
21
22
23
Mutual funds
Closed-end funds
Brokers and dealers
4175.7
105.0
285.8
158.3
0.0
4989.6
121.5
402.0
186.4
0.0
5476.9
144.9
573.7
224.8
0.0
3014.1
71.3
473.9
109.2
0.0
4136.2
85.7
669.9
124.2
25.1
4762.7
94.8
853.9
117.2
26.4
19
20
21
22
23
16519.4
19013.2
19086.6
12014.9
14950.7
17392.0
24
6961.6
7934.5
6
7
8
9
Holdings at market value
2005
Memo:
24
Market value of domestic corporations (4)
(1) Excludes mutual fund shares shown on table L.214.

(2) Holdings of foreign issues by U.S. residents; includes American Depositary Receipts (ADRs).
(3) Holdings of U.S. issues by foreign residents.
(4) Sum of lines 2 and 4 less the sum of lines 11, 12, 13, 14, 20, 21,22, and 23; line 1 excludes intercorporate holdings of nonfinancial corporations.
L.214 Mutual Fund Shares (1)

Billions of dollars
1
Shares at market value
Holdings at market value
3
4
5
6
Household sector
Rest of the world
7
8

Credit unions
9
10
11
12

6048.9
7068.3
7829.0
5435.3
6048.9
7068.3
7829.0
5435.3
6961.6
7934.5
3669.1
140.0
29.6
242.0
4188.1
180.7
32.5
316.8
4596.8
191.1
33.8
373.5
3325.9
125.8
33.3
256.2
4177.2
190.2
35.1
321.7
4717.7
222.9
32.1
366.6
3
4
5
6
17.4
2.2
24.5
2.1
29.6
2.1
19.6
2.0
46.1
1.3
45.0
1.5
7
8
5.7
109.0
1585.4
248.4
6.9
148.8
1880.4
287.5
6.8
188.4
2110.6
296.4
4.4
121.0
1366.0
181.1
5.3
140.8
1817.3
226.7
5.7
155.7
2126.6
260.8
9
10
11
12
(1) Shares of open-end investment companies; excludes shares of money market mutual funds, exchange-traded funds, and funding vehicles for variable annuities.
86
FFA, 2005-2010, September 16, 2011
L.215 Bank Loans Not Elsewhere Classified

Billions of dollars
2005
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22

Nonfinancial sectors
Household sector
Corporate business
Farm business
Rest of the world
Foreign official institutions
Foreign banks
Other foreign
Financial sectors
Finance companies
REITs
Brokers and dealers
2006
2007
2008
2009
2010
1577.9
1705.2
2027.3
2721.1
1921.8
1874.1
1309.4
1499.0
1750.2
1947.9
1650.3
1692.8
36.4
508.7
629.9
49.9
86.4
518.3
742.8
53.2
99.7
609.9
882.3
55.5
117.7
663.6
1000.0
58.7
147.8
542.6
804.6
58.5
263.2
528.8
727.4
58.3
3
4
5
6
84.4
2.6
18.1
63.7
98.3
1.9
21.9
74.4
102.8
1.9
30.2
70.8
107.9
2.6
33.0
72.4
96.8
3.2
27.9
65.8
115.1
4.3
39.7
71.2
7
8
9
10
268.6
206.2
277.1
773.2
271.5
181.3
11
93.1
142.1
33.3
0.0
0.0
48.6
129.2
28.4
0.0
0.0
62.0
182.0
33.2
0.0
0.0
75.0
174.9
32.8
45.5
444.9
11.0
144.5
20.7
0.0
95.3
9.8
79.6
18.5
0.0
73.4
12
13
14
15
16
1577.9
1705.2
2027.3
2721.1
1921.8
1874.1
17
0.0
1249.3
294.7
8.1
25.9
0.0
1312.2
361.8
5.6
25.6
0.0
1532.9
466.8
6.3
21.4
490.4
1670.8
531.9
8.2
19.7
142.8
1338.4
406.5
14.6
19.4
98.1
1350.7
390.4
18.9
16.1
18
19
20
21
22
(1) Excludes bank lending in the form of open market paper, mortgages, consumer credit, and security credit which are shown on other instrument tables.
(2) Loans from Federal Reserve banks to households, rest of the world, broker and dealers, and funding corporations. See loan details on table L.109.
FFA, 2005-2010, September 16, 2011
87
L.216 Other Loans and Advances

Billions of dollars
Total other loans and advances
2005
2006
2007
2008
2009
2010
1901.2
2071.6
2605.3
2711.7
2275.6
1950.6
2
3
4
5
6
7
8
9
10
11

Farm business
Rest of the world
Finance companies
106.7
11.5
9.2
37.9
3.8
10.6
33.7
0.0
0.0
0.0
107.3
12.9
10.4
42.7
3.7
11.2
26.4
0.0
0.0
0.0
105.2
12.5
10.2
43.8
3.7
11.9
23.1
0.0
0.0
0.0
111.3
12.8
14.5
46.0
3.7
12.7
21.6
0.0
0.0
0.0
177.4
12.6
73.9
49.2
4.2
13.5
21.9
0.0
0.0
2.0
180.9
11.6
69.5
49.5
4.6
14.4
22.1
0.0
0.0
9.2
2
3
4
5
6
7
8
9
10
11
12
13
Foreign loans to U.S. corporate business

162.5
162.5
168.8
168.8
271.5
271.5
207.3
207.3
182.8
182.8
160.4
160.4
12
13
14
15
16
17
Customers liability on acceptances outstanding

Rest of the world
3.3
0.8
3.8
0.2
0.0
0.4
0.3
0.2
0.0
0.5
0.2
0.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
14
15
16
17
18
19
20
Savings institution loans to business

61.5
30.7
30.7
67.5
33.7
33.7
73.7
36.9
36.9
80.1
40.0
40.0
65.6
32.8
32.8
72.0
36.0
36.0
18
19
20
21
22
23
Credit unions loans to business

25.9
13.0
13.0
26.8
13.4
13.4
26.9
13.4
13.4
29.6
14.8
14.8
32.3
16.2
16.2
33.1
16.5
16.5
21
22
23
24
25
26
Policy loans (Household liability)

107.6
0.7
106.9
110.9
0.6
110.2
114.5
0.6
113.9
120.4
0.6
119.8
121.1
0.5
120.6
124.5
0.5
124.0
24
25
26
27
28
29
30
31
32
33
34
Government-sponsored enterprise loans (1)

Liab.: Household sector (SLMA)
Noncorporate business (FCS)
Farm business (FCS)
U.S.-chartered coml. banks (FHLB & SLMA)
Savings institutions (FHLB & SLMA)
671.8
0.0
20.0
31.6
268.5
325.5
14.7
11.5
704.9
0.0
24.2
39.3
348.5
259.8
18.9
14.2
942.6
0.0
28.5
47.0
455.2
350.9
32.3
28.7
980.7
0.0
53.4
26.9
526.3
278.7
40.6
54.9
695.9
0.0
56.4
23.6
402.0
139.1
26.5
48.3
551.3
0.0
57.7
29.6
277.9
114.9
26.1
45.1
27
28
29
30
31
32
33
34
35
36
Securitized loans held by ABS issuers

93.9
93.9
97.7
97.7
93.7
93.7
78.1
78.1
54.4
54.4
37.2
37.2
35
36
37
38
39
Finance company loans to business

479.2
431.3
47.9
498.0
448.2
49.8
523.0
470.7
52.3
539.9
485.9
54.0
448.9
404.0
44.9
441.0
396.9
44.1
37
38
39
40
41
42
43
44
45
46
Loans to nonfinancial corporate business (2)

Mutual funds
ABS issuers
Brokers and dealers
188.1
8.7
15.9
36.5
94.5
22.0
10.6
289.2
9.1
22.4
46.3
155.7
41.7
14.1
453.8
17.6
31.9
82.4
248.3
52.8
20.8
564.3
29.7
46.3
94.8
301.7
55.9
35.9
497.2
24.5
32.9
96.1
274.3
43.2
26.1
350.2
26.2
16.7
74.6
163.8
47.4
21.4
40
41
42
43
44
45
46
(1) The Student Loan Marketing Association (Sallie Mae) was included until it was fully privatized in 2004:Q4.
(2) Syndicated loans from domestic entities, excluding banks and finance companies which are included elsewhere.
88
FFA, 2005-2010, September 16, 2011
L.217 Total Mortgages

Billions of dollars
1
2
3
4
5
6
Total mortgages
2005
2006
2007
2008
2009
2010
12074.7
13465.1
14517.3
14610.1
14326.7
13817.4
9386.6
666.8
1916.5
104.8
10458.2
707.5
2191.4
108.0
11169.4
786.9
2448.3
112.7
11068.2
840.3
2567.0
134.7
10867.7
849.3
2478.4
131.3
10524.0
839.4
2317.8
136.3
2
3
4
5
Home
Commercial
Farm
12074.7
13465.1
14517.3
14610.1
14326.7
13817.4
Household sector
9083.8
10094.1
10784.4
10748.3
10592.6
10277.1
8
9
10
11
Corporate
Farm
2845.5
733.2
2007.5
104.8
3219.0
822.1
2288.9
108.0
3576.2
870.4
2593.1
112.7
3698.3
799.6
2764.0
134.7
3567.2
767.1
2668.8
131.3
3366.5
686.9
2543.3
136.3
8
9
10
11
12
13
Federal government
REITs
0.0
145.5
0.0
152.1
0.0
156.7
0.0
163.5
0.0
166.9
0.0
173.8
12
13
12074.7
13465.1
14517.3
14610.1
14326.7
13817.4
14
14
Total liabilities
Total assets
15
16
17
Household sector
139.4
68.3
36.2
122.1
59.8
34.6
109.8
41.4
42.1
111.2
33.6
39.1
101.5
30.3
36.1
90.2
27.0
34.3
15
16
17
18
19

Federal government
151.9
76.6
166.4
80.3
172.8
82.4
169.7
95.8
179.0
108.4
181.8
106.6
18
19
20
21
22
23
24

Savings institutions (1)
Credit unions
2902.1
20.8
35.1
1152.7
219.7
3338.9
24.9
39.2
1076.8
249.7
3564.6
39.0
40.8
1094.0
281.5
3754.7
44.2
42.6
860.6
314.7
3738.6
37.8
42.3
633.3
317.9
3580.1
35.4
35.8
614.8
320.8
20
21
22
23
24
25
26
27
28

2.7
285.5
9.8
16.4
3.5
303.8
9.5
14.4
4.8
326.2
10.2
9.7
5.0
342.4
11.1
9.4
4.4
326.1
13.6
9.3
4.1
317.5
15.0
9.4
25
26
27
28
29
30
31

ABS issuers
588.8
3548.5
2132.2
607.2
3841.1
2762.1
643.1
4464.4
2935.6
705.3
4961.4
2585.2
707.7
5376.7
2218.0
5021.0
1139.5
1898.1
29
30
31
32
33
Finance companies
REITs
541.4
146.7
594.4
136.3
531.9
123.1
447.9
76.3
397.4
48.3
344.2
41.9
32
33
(1) FHLB loans to savings institutions are included in other loans and advances.
FFA, 2005-2010, September 16, 2011
89
L.218 Home Mortgages (1)

Billions of dollars
2005
1
2
3
4
5
6
7
8
Total liabilities
Household sector
Total assets
Household sector
9
10

Federal government
11
12
13
14
15

Credit unions
16
17
18

19
20
21
ABS issuers
22
23
Finance companies
REITs
24
25
26
27
28
29
30
Memo:
Home equity loans included above (2)
Credit unions
ABS issuers
Finance companies
2006
2007
2008
2009
2010
9386.6
10458.2
11169.4
11068.2
10867.7
10524.0
8878.5
31.1
477.0
9867.7
39.4
551.2
10542.1
42.2
585.1
10494.5
32.7
540.9
10347.9
20.3
499.5
10048.4
13.6
462.1
2
3
4
9386.6
10458.2
11169.4
11068.2
10867.7
10524.0
117.9
40.9
13.3
102.9
35.9
12.7
90.8
25.0
15.4
91.2
20.2
14.3
83.2
18.2
13.2
75.2
16.2
12.5
6
7
8
77.5
13.2
84.9
13.3
88.5
13.7
87.0
16.4
91.9
22.1
92.7
23.9
9
10
1775.8
0.0
16.3
953.8
219.7
2064.9
0.0
17.2
867.8
249.7
2189.0
0.0
21.5
879.0
281.5
2217.3
7.0
22.9
666.3
314.7
2238.0
0.9
22.6
448.6
317.9
2183.6
1.1
20.1
430.5
320.8
11
12
13
14
15
7.5
1.4
5.9
10.3
1.3
5.2
9.4
1.2
3.5
8.6
1.3
3.4
6.4
2.0
3.3
6.2
2.1
3.4
16
17
18
453.9
3446.4
1625.6
457.6
3749.1
2142.9
447.9
4371.8
2178.0
456.6
4864.0
1867.3
445.4
5266.5
1547.2
4701.5
1068.8
1276.1
19
20
21
489.8
127.9
538.1
104.2
472.7
80.7
375.4
34.3
327.7
12.6
280.6
8.9
22
23
915.1
549.0
0.0
151.6
75.9
40.6
98.0
1066.2
653.6
0.0
137.6
86.9
80.5
107.6
1130.9
692.3
0.0
180.5
94.1
69.5
94.5
1114.3
775.2
0.8
119.5
98.7
45.0
75.1
1032.1
761.5
0.3
80.0
94.6
30.3
65.5
949.7
709.3
0.3
74.0
88.2
21.8
56.1
24
25
26
27
28
29
30
(1) Mortgages on 1-4 family properties including mortages 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
1
Total liabilities
666.8
707.5
786.9
840.3
849.3
839.4
34.4
607.6
36.5
645.9
38.3
725.8
39.7
775.5
40.9
781.5
40.3
771.4
2
3
0.0
24.8
0.0
25.1
0.0
22.7
0.0
25.1
0.0
26.8
0.0
27.7
4
5
666.8
707.5
786.9
840.3
849.3
839.4
Household sector
0.0
1.1
12.3
0.0
0.9
11.7
0.0
0.6
14.3
0.0
0.5
13.3
0.0
0.5
12.3
0.0
0.4
11.7
7
8
9
10
11

Federal government
60.8
14.9
66.6
14.8
69.4
14.4
68.3
14.5
72.0
14.7
73.2
14.4
10
11
12
13
14

138.7
0.0
98.4
157.6
0.0
95.8
168.4
0.0
92.7
210.8
4.3
65.2
207.1
4.0
59.9
193.7
3.5
61.2
12
13
14
15
16
17

42.4
2.1
4.9
46.1
2.0
4.3
51.8
2.1
2.9
51.8
2.4
2.8
48.5
2.7
2.8
47.2
3.1
2.8
15
16
17
18
19
20
ABS issuers
93.0
101.3
89.4
105.4
88.8
103.4
147.7
88.1
124.0
190.2
92.8
113.2
204.4
105.7
107.4
256.5
66.9
98.7
18
19
20
21
22
Finance companies
REITs
5.6
1.9
5.1
5.0
5.1
5.2
5.8
4.3
5.1
2.3
4.1
1.9
21
22
2
3

4
5
Federal government
REITs
6
7
8
9
Total assets
90
FFA, 2005-2010, September 16, 2011
L.220 Commercial Mortgages

Billions of dollars
1
2
3
4
5
6
Total liabilities
Household sector
REITs
2006
2007
2008
2009
2010
1916.5
2191.4
2448.3
2567.0
2478.4
2317.8
205.3
667.6
923.0
120.7
226.5
746.2
1091.8
127.0
242.2
789.9
1282.2
134.0
253.8
727.2
1447.6
138.4
244.7
705.9
1387.8
140.1
228.8
633.1
1309.8
146.1
2
3
4
5
1916.5
2191.4
2448.3
2567.0
2478.4
2317.8
Household sector
14.9
26.3
9.9
17.0
23.0
9.5
19.1
15.8
11.5
20.0
13.0
10.7
19.2
11.7
9.9
16.7
10.4
9.4
7
8
9
10
11

Federal government
12.2
45.2
13.3
48.9
13.9
51.0
13.7
61.4
14.4
67.8
15.2
64.1
10
11
12
13
14
15

949.8
20.8
18.8
100.0
1076.3
24.9
22.0
112.4
1165.3
39.0
19.3
121.5
1276.0
32.8
19.7
128.1
1243.5
32.9
19.6
123.9
1151.0
30.8
15.7
122.2
12
13
14
15
16
17
18
19

2.7
224.3
6.3
5.6
3.5
235.4
6.2
4.9
4.8
252.2
6.8
3.3
5.0
267.1
7.4
3.2
4.4
257.7
8.9
3.2
4.1
251.3
9.7
3.2
16
17
18
19
20
21

ABS issuers
0.0
417.1
0.0
515.8
0.0
633.6
0.0
604.7
0.0
563.3
0.0
523.3
20
21
22
23
Finance companies
REITs
46.0
16.8
51.1
27.1
54.0
37.3
66.6
37.7
64.6
33.4
59.5
31.2
22
23
7
8
9
Total assets
2005
L.221 Farm Mortgages (1)

Billions of dollars
1
Total liabilities (Farm business)
104.8
108.0
112.7
134.7
131.3
136.3
Total assets
104.8
108.0
112.7
134.7
131.3
136.3
3
4
Household sector
6.7
0.7
2.2
0.7
-0.0
0.8
0.0
0.8
-0.9
0.7
-1.7
0.7
3
4
5
6

Federal government
1.5
3.2
1.7
3.2
1.0
3.3
0.7
3.5
0.7
3.9
0.7
4.3
5
6
7
8
9

37.9
0.0
0.6
40.1
0.0
0.7
41.9
0.0
0.9
50.6
0.1
0.9
50.1
0.0
0.9
51.9
0.0
0.9
7
8
9
10
11

11.3
0.0
12.0
0.0
12.8
0.0
15.0
0.0
13.5
0.0
12.8
0.0
10
11
12
13
42.0
0.8
44.2
3.2
47.6
4.5
58.5
4.7
57.9
4.5
63.0
3.8
12
13
FFA, 2005-2010, September 16, 2011
91
L.222 Consumer Credit

Billions of dollars
2005
2006
2007
2008
2009
2010
Total liabilities (Households)
2320.6
2416.0
2555.3
2594.1
2478.9
2434.7
Total assets
2320.6
2416.0
2555.3
2594.1
2478.9
2434.7
3
4
5

Federal government
59.6
0.0
89.8
57.6
0.0
91.7
58.6
0.0
98.4
59.8
0.0
111.0
57.2
0.0
186.0
56.0
0.0
316.4
3
4
5
6
7
8

Credit unions
707.0
109.1
228.6
741.2
95.5
234.5
804.1
90.8
235.7
878.6
86.3
236.2
855.3
77.5
237.2
1098.7
86.8
226.5
6
7
8
9
10
11
ABS issuers
Finance companies
0.0
609.9
516.5
0.0
661.1
534.4
0.0
683.7
584.1
0.0
646.4
575.8
0.0
577.9
487.8
0.0
131.7
518.6
9
10
11
3003.6
3195.9
3398.0
3221.5
3157.5
3380.6
186.3
199.9
214.5
230.2
241.2
259.3
1699.4
329.4
6.3
1813.0
349.4
-0.7
1898.9
378.7
-4.8
1669.0
366.8
17.7
1579.0
332.8
24.2
1773.0
313.2
18.1
3
4
5
482.0
202.7
516.4
208.9
553.5
238.2
592.7
260.8
630.4
209.2
668.8
231.7
6
7
54.5
43.1
60.7
48.3
73.1
45.8
63.2
21.2
70.6
70.1
98.4
18.1
8
9
2993.6
3036.7
3285.2
3103.3
3052.5
3192.3
10
2108.2
430.9
2090.0
470.9
2253.0
525.6
2081.1
522.7
2114.6
481.9
2258.4
458.4
11
12
144.7
71.0
56.9
158.5
59.4
62.8
165.3
60.6
83.6
162.5
64.7
90.1
171.5
43.6
96.7
180.9
42.9
116.1
13
14
15
82.1
99.8
87.0
108.3
85.4
111.7
86.7
95.5
83.0
61.3
83.8
51.8
16
17
10.0
159.2
112.8
118.2
105.0
188.3
18
L.223 Trade Credit

Billions of dollars
1
Total trade payables
Household sector
3
4
5

Farm business
6
7

Federal government
8
9
Rest of the world

Brokers and dealers
10
Total trade receivables
11
12

13
14
15

Federal government
Rest of the world
16
17

ABS issuers
18
Discrepancy
L.224 Security Credit

Billions of dollars
1
1038.4
1249.9
1526.4
1128.5
1091.2
1214.8
2
3
Household sector
Rest of the world
232.4
0.0
292.1
0.0
325.5
0.0
164.8
0.0
203.0
0.0
278.2
0.0
2
3
4
5
6
7
Brokers and dealers

806.0
575.3
95.6
135.1
957.8
655.7
116.5
185.6
1200.9
866.4
145.9
188.6
963.6
742.7
158.6
62.3
888.2
668.6
158.0
61.6
936.6
694.3
152.3
90.1
4
5
6
7
1038.4
1249.9
1526.4
1128.5
1091.2
1214.8
Total liabilities
Total assets
9
10
Household sector
Rest of the world
575.3
0.0
655.7
0.0
866.4
0.0
742.7
0.0
668.6
0.0
694.3
0.0
9
10
11
12
13

Brokers and dealers
95.6
135.1
232.4
116.5
185.6
292.1
145.9
188.6
325.5
158.6
62.3
164.8
158.0
61.6
203.0
152.3
90.1
278.2
11
12
13
92
FFA, 2005-2010, September 16, 2011
L.225 Life Insurance and Pension Fund Reserves

Billions of dollars
2005
2006
2007
2008
2009
2010
1082.6
1163.7
1201.5
1179.8
1242.1
1278.3
Life insurance reserves:

1
Total liabilities
2
3
Federal government
42.7
1039.9
44.2
1119.5
45.4
1156.1
46.4
1133.4
47.5
1194.5
48.4
1229.9
2
3
Total assets (Households)
1082.6
1163.7
1201.5
1179.8
1242.1
1278.3
11460.1
12750.6
13390.7
10408.5
11914.5
13102.3
Pension fund reserves:

5
Total liabilities
6
7

Private pension funds (1)
2197.4
5427.8
2332.4
6120.5
2450.8
6444.8
2184.6
4588.0
2323.0
5507.4
2504.7
6148.3
6
7
8
9

Federal government retirement funds (2)
2763.4
1071.5
3156.6
1141.1
3297.9
1197.2
2414.7
1221.2
2759.8
1324.4
3024.0
1425.3
8
9
11460.1
12750.6
13390.7
10408.5
11914.5
13102.3
10
10
Total assets (Households) (3)
(1) Includes unallocated insurance company contracts beginning 1985:Q4.

(2) Includes the Thrift Savings Plan, the National Railroad Retirement Investment Trust, and other federal government retirement funds.
(3) Excludes all individual retirement accounts (IRAs) (table L.225.i), except those at life insurance companies.
L.226 Taxes Payable by Businesses

Billions of dollars
1
Total taxes payable by all businesses
214.5
237.0
167.7
44.0
39.0
51.2
2
3

86.2
86.7
85.4
95.7
35.8
99.5
39.0
106.2
35.7
98.4
39.3
93.9
2
3
4
5

25.8
3.6
24.7
3.3
11.1
1.3
-74.6
1.0
-67.5
1.3
-60.6
1.0
4
5
6
7

-1.6
-5.3
9.4
-1.3
7.0
-4.7
-21.1
-24.4
-15.8
-31.4
-10.1
-28.8
6
7
8
9
Finance companies
Brokers and dealers
16.9
2.1
17.0
2.8
15.5
2.2
15.4
2.5
12.7
5.7
12.9
3.6
8
9
232.6
285.1
342.5
389.3
416.1
448.9
10
141.0
91.6
189.0
96.1
237.5
105.0
269.8
119.4
280.9
135.1
298.0
150.8
11
12
-18.1
-48.1
-174.8
-345.3
-377.0
-397.7
13
7965.5
8893.6
8755.8
7147.8
6241.7
6818.5
6585.4
1368.3
11.7
7410.0
1473.8
9.8
7164.2
1579.9
11.6
5628.5
1509.8
9.5
4728.3
1501.3
12.1
5237.8
1567.0
13.8
2
3
4
10
11
12
13
Total business taxes receivable

Federal government
Discrepancy
L.227 Proprietors Equity in Noncorporate Business

Billions of dollars
1
2
3
4
Total household equity

Farm business
Brokers and dealers
FFA, 2005-2010, September 16, 2011
93
L.228 Total Miscellaneous Financial Claims

Billions of dollars
Total liabilities
2005
2006
2007
2008
2009
2010
14386.4
15766.6
17619.2
20102.4
19907.9
20815.9
2
3
4
Household sector
22.4
3887.3
861.2
22.8
3940.0
1006.1
23.9
4235.4
1100.0
27.0
4510.3
1214.3
22.1
4382.3
1326.0
24.7
4395.2
1395.1
2
3
4
5
6
Federal government
Rest of the world
963.7
3468.1
1017.2
4151.0
1094.2
4942.4
1183.5
5813.9
1261.6
5669.2
1349.4
6323.8
5
6
7
8
9
10
11
12
13
Monetary authority
Credit unions
15.3
964.0
263.8
216.0
42.2
60.5
11.9
18.5
1026.2
154.8
294.4
37.7
80.2
9.2
21.0
1103.1
299.6
328.3
26.2
102.4
3.6
23.1
1258.1
849.4
422.9
21.7
72.3
4.7
29.2
1409.2
431.3
548.0
25.0
21.8
19.4
58.4
1518.2
438.7
514.2
20.0
20.2
11.0
7
8
9
10
11
12
13
14
15

759.3
824.0
815.7
925.9
811.1
1010.6
811.0
905.0
832.6
985.6
844.6
1089.8
14
15
16
17
Finance companies
141.8
702.8
153.4
715.7
171.1
654.4
208.2
664.8
270.4
573.6
154.6
561.7
16
17
18
19
20
REITs
Brokers and dealers
55.3
405.5
721.4
63.0
519.5
815.1
67.6
558.4
1065.9
64.9
441.4
1605.9
51.1
460.1
1589.6
59.3
497.5
1539.4
18
19
20
19674.5
22286.7
24729.5
24801.6
25231.6
26169.8
21
21
Total assets
22
23
24
25
Household sector
Farm business
608.7
8162.9
1265.5
44.5
646.1
8924.7
1644.4
48.6
712.2
9866.4
1972.8
52.0
766.3
9346.7
2079.4
53.8
787.1
9708.1
1917.1
55.5
830.0
10307.4
1823.6
56.6
22
23
24
25
26
27
28

Federal government
Rest of the world
30.0
133.7
3177.5
-10.5
136.8
3977.7
-11.6
138.7
4484.6
4.5
110.8
4138.7
24.0
145.8
4116.0
102.0
141.4
4570.8
26
27
28
29
30
31
32
33
34
35
Monetary authority
Credit unions
18.1
760.8
24.3
1491.6
5.3
107.9
24.2
17.0
783.4
-119.6
1724.4
5.9
109.3
24.9
40.5
884.8
-104.9
1823.6
12.1
115.5
35.9
569.8
1229.7
259.8
2005.7
11.1
90.0
44.2
75.9
1058.9
139.2
2801.1
6.5
83.8
50.6
83.1
982.4
141.9
2740.9
11.0
75.8
53.4
29
30
31
32
33
34
35
36
37
38
39
40

103.3
262.1
480.2
15.4
882.9
105.5
303.3
532.5
16.3
918.7
121.1
342.9
567.1
15.7
952.0
102.6
380.1
426.5
15.7
1015.3
128.0
357.6
533.3
16.2
1077.2
143.1
360.3
563.5
17.0
1142.9
36
37
38
39
40
41
42
43

Mutual funds
43.3
10.7
117.8
59.2
14.0
114.7
90.9
16.8
141.7
47.9
20.0
99.1
59.1
14.9
100.3
66.9
2.9
148.6
41
42
43
44
45
46
47
Finance companies
REITs
Brokers and dealers
46.7
51.9
1202.6
602.8
16.4
59.7
1599.4
633.9
18.2
55.4
1633.7
751.5
30.0
54.6
1105.7
793.5
61.9
46.1
1141.0
726.3
46.0
53.5
1025.3
679.8
44
45
46
47
-5288.1
-6520.1
-7110.3
-4699.2
-5323.7
-5353.9
48
48
Discrepancy
94
FFA, 2005-2010, September 16, 2011
L.229 Identified Miscellaneous Financial Claims - Part I

Billions of dollars
2005
2006
2007
2008
2009
2010
2651.7
2205.7
104.9
103.3
19.1
17.7
201.1
2948.2
2440.7
95.9
105.5
20.0
42.0
244.1
3553.1
2892.9
150.3
121.1
25.6
177.9
185.3
3748.5
3011.1
201.5
102.6
25.0
221.0
187.4
4067.5
3294.0
241.2
128.0
28.1
204.9
171.4
4429.4
3585.2
257.1
143.1
32.1
224.6
187.4
1
2
3
4
5
6
7
U.S. direct investment abroad:

1
2
3
4
5
6
7

Finance companies
Brokers and dealers
Foreign direct investment in U.S.:
8
9
10
11
12
13
14
15

Finance companies
Brokers and dealers
1549.4
3.3
130.2
60.1
65.8
38.8
49.9
8.4
1722.7
3.6
135.4
99.9
71.3
51.1
61.0
9.0
1961.9
3.6
94.2
76.6
68.7
68.6
62.6
9.6
2050.3
3.6
71.7
51.2
60.3
78.1
72.1
10.2
2025.8
4.0
104.9
77.8
68.9
75.0
74.5
10.8
2175.2
4.3
111.3
83.5
86.8
83.6
103.0
11.4
8
9
10
11
12
13
14
15
16
Asset: Rest of the world
1906.0
2154.1
2345.9
2397.4
2441.7
2658.9
16
43.2
43.2
45.3
45.3
46.9
46.9
48.3
48.3
50.0
50.0
52.3
52.3
17
18
13.5
13.5
15.3
15.3
18.5
18.5
21.1
21.1
25.6
25.6
26.5
26.5
19
20
Federal government equity in IBRD, etc.:

17
18

Federal Reserve Bank stock:
19
20

Equity in government-sponsored enterprises:
21
46.7
46.9
56.0
51.8
51.8
49.0
21
22
23
24
25
26
27
28
29
Asset: Nonfin. corporate business (Fannie Mae)

Nonfarm noncorporate (Farm Credit System)
Farm business (Farm Credit System)
Federal government
U.S.-chartered commercial banks (FHLB)
Savings institutions (FHLB)
0.0
1.8
2.8
0.0
20.2
18.5
1.8
1.6
0.0
1.9
3.0
0.0
22.9
15.6
1.9
1.6
0.0
2.2
3.6
0.0
26.7
18.8
2.5
2.2
0.0
4.8
2.0
0.0
25.6
13.4
2.8
3.2
0.0
4.8
2.0
0.0
24.7
15.0
2.4
2.9
0.0
4.8
2.5
0.0
22.9
13.8
2.2
2.9
22
23
24
25
26
27
28
29
897.0
22.7
35.6
195.2
130.5
1067.0
10.7
38.3
198.5
159.9
1197.8
10.9
43.7
239.9
49.9
1244.4
13.4
31.2
232.6
109.2
1413.5
24.0
40.5
209.3
635.3
1366.8
23.0
62.7
173.1
634.6
30
31
32
33
34
1281.0
1474.4
1542.2
1630.9
2322.6
2260.2
35
117.0
117.0
140.1
140.1
81.5
81.5
80.5
80.5
71.2
71.2
91.5
91.5
36
37
BHC investment in subsidiaries:

30
31
32
33
34
Liab.: U.S.-chartered commercial banks

Finance companies
Brokers and dealers
35
Asset: Bank holding companies

NFC inv. in finance company subs.:
36
37
Liab.: Finance companies

Funding corp. investment in subs.:
38
39
Liab.: Foreign banking offices in U.S.

Brokers and dealers
188.8
414.0
197.3
436.5
241.0
510.5
276.6
516.9
203.1
523.2
171.6
508.2
38
39
40
Asset: Funding corporations
602.8
633.9
751.5
793.5
726.3
679.8
40
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.8
0.9
0.9
7.7
3.8
3.8
41
42
43
Equity investment under Public-Private Inv. Program:

41
42
43

Asset: Households (1)
Federal government
(1) Funds invested by financial institutions such as domestic hedge funds through the Public-Private Investment Program (PPIP).
FFA, 2005-2010, September 16, 2011
95
L.230 Identified Miscellaneous Financial Claims - Part II

Billions of dollars
2005
2006
2007
2008
2009
2010
Nonofficial foreign currencies:

1
2
3

0.6
0.6
0.0
0.6
0.6
0.0
24.5
0.5
24.0
554.2
0.5
553.7
10.9
0.7
10.3
0.8
0.8
0.1
1
2
3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4
5
19.2
19.2
19.0
19.0
20.9
20.9
15.5
15.5
15.9
15.9
14.4
14.4
6
7
22.4
22.4
22.8
22.8
23.9
23.9
27.0
27.0
22.1
22.1
24.7
24.7
8
9
Postal Savings System deposits:

4
5

Deposits at Federal Home Loan Banks:
6
7

Asset: Savings institutions
Deferred and unpaid life insurance premiums:
8
9

Asset: Life insurance companies
Life insurance company reserves:
10
11
12
13

Accident and health
Policy dividend accumulation
Contract claims
217.3
138.3
42.7
36.3
232.1
149.8
43.5
38.8
247.6
163.3
43.7
40.6
265.2
182.7
40.4
42.1
273.6
192.4
39.2
42.0
288.4
207.1
39.7
41.6
10
11
12
13
14
217.3
232.1
247.6
265.2
273.6
288.4
14
Policy payables:
15
Liab.: Property-casualty insurance companies
699.2
715.8
734.5
759.9
754.8
761.2
15
16
17
18
19

Farm business
316.0
276.2
65.3
41.7
320.5
282.7
66.9
45.6
327.3
290.1
68.6
48.5
337.3
300.0
70.7
51.8
332.2
298.2
71.0
53.5
334.8
300.7
71.6
54.1
16
17
18
19
338.4
338.4
387.9
387.9
431.3
431.3
317.6
317.6
412.8
412.8
457.5
457.5
20
21
44.8
44.8
42.8
42.8
47.2
47.2
47.9
47.9
50.5
50.5
49.2
49.2
22
23
939.7
939.7
1242.3
1242.3
1240.2
1240.2
887.0
887.0
856.8
856.8
733.4
733.4
24
25
882.9
882.9
918.7
918.7
952.0
952.0
1015.3
1015.3
1077.2
1077.2
1142.9
1142.9
26
27
75.4
75.4
93.5
93.5
137.3
137.3
163.8
163.8
180.4
180.4
202.9
202.9
28
29
Unallocated insurance company contracts:

20
21

Pension fund contributions payable:
22
23

Securities borrowed (net):
24
25

Asset: Brokers and dealers
Nonmarketable government securities:
26
27

Asset: Federal government retirement funds
Retiree health care funds (2):
28
29

(2) Includes Uniform Services Retiree Health Care Fund and Postal Service Retiree Health Benefits Fund.
96
FFA, 2005-2010, September 16, 2011
L.231 Unidentified Miscellaneous Financial Claims

Billions of dollars
Total liabilities
2005
2006
2007
2008
2009
2010
4484.7
4633.1
5364.2
7277.1
6494.4
6885.1
2293.1
857.9
2174.5
1002.5
2226.2
1096.4
2412.1
1210.7
2306.0
1322.0
2170.8
1390.8
2
3
2
3

4
5
6
Federal government
Rest of the world
Monetary authority
5.4
772.6
1.8
5.1
1157.1
3.2
4.9
1318.0
2.5
4.3
1462.8
2.1
4.0
1540.8
3.6
3.6
1841.2
31.9
4
5
6
7
8
9
10

67.1
-55.1
216.0
42.2
-40.9
-177.9
294.4
37.7
-94.7
-35.6
328.3
26.2
13.6
501.1
422.9
21.7
-4.4
123.2
548.0
25.0
151.4
155.9
514.2
20.0
7
8
9
10
11
12
13
14
Credit unions
37.8
11.9
166.9
75.9
69.5
9.2
196.3
87.6
91.5
3.6
219.3
94.3
58.9
4.7
230.8
141.0
-2.2
19.4
189.8
202.8
-2.8
11.0
194.4
91.2
11
12
13
14
15
16
17
18
Finance companies
REITs
Brokers and dealers
351.8
55.3
-188.9
-226.8
326.0
63.0
-137.9
-436.2
264.4
67.6
-64.6
-183.9
273.7
64.9
-256.8
708.6
218.1
51.1
-773.0
720.2
213.5
59.3
-748.2
787.0
15
16
17
18
9772.9
11153.2
12474.6
11976.3
11818.1
12239.0
19
19
Total assets
20
21
22

5564.0
1198.4
30.0
6061.1
1575.6
-10.5
6601.9
1902.0
-11.6
5955.2
2003.9
4.5
6044.8
1841.4
24.0
6330.1
1747.2
102.0
20
21
22
23
24
25
Federal government
Rest of the world
Monetary authority
89.9
1271.5
18.1
91.0
1823.7
17.0
91.4
2138.7
16.5
62.0
1741.3
16.1
94.3
1674.3
65.6
84.5
1911.9
83.0
23
24
25
26
27
28
29

622.2
24.3
210.6
5.3
649.3
-119.6
250.0
5.9
689.4
-104.9
281.4
12.1
981.5
259.8
374.8
11.1
767.3
139.2
478.5
6.5
675.9
141.9
480.6
11.0
26
27
28
29
30
31
Credit unions
70.2
22.4
74.7
23.0
75.7
33.4
61.1
41.5
52.9
48.3
47.6
51.2
30
31
32
33
34

219.0
97.0
15.4
258.9
101.8
16.3
291.2
88.6
15.7
324.9
61.0
15.7
304.5
70.0
16.2
300.6
56.8
17.0
32
33
34
35
36
37
Mutual funds
10.7
43.3
117.8
14.0
59.2
114.7
16.8
90.9
141.7
20.0
47.9
99.1
14.9
59.1
100.3
2.9
66.9
148.6
35
36
37
38
39
40
Finance companies
REITs
Brokers and dealers
29.0
51.9
61.8
-25.6
59.7
113.0
-159.7
55.4
208.1
-191.0
54.6
31.3
-143.0
46.1
112.9
-178.6
53.5
104.6
38
39
40
-5288.1
-6520.1
-7110.3
-4699.2
-5323.7
-5353.9
41
41
Discrepancy
FFA, 2005-2010, September 16, 2011
97
B.100 Balance Sheet of Households and Nonprofit Organizations (1)

Billions of dollars
1
2
3
4
5
6
7
8
Assets
Nonfinancial assets
Real estate
Households (2,3)
Nonprofit organizations
Equipment and software owned by
nonprofit organizations (4)
Consumer durable goods (4)
Financial assets
2005
2006
2007
2008
2009
2010
71275.8
77737.8
78637.6
65740.9
68322.6
71729.9
28353.9
29579.1
28002.6
24449.8
23716.8
23414.6
24032.2
22059.6
1972.6
25042.3
22742.9
2299.4
23272.3
20886.8
2385.5
19599.4
17533.5
2065.9
18851.1
17129.4
1721.7
18523.4
16507.8
2015.7
3
4
5
223.7
4098.0
243.2
4293.6
262.0
4468.3
283.6
4566.8
294.1
4571.6
309.4
4581.8
6
7
42922.0
48158.7
50635.0
41291.1
44605.9
48315.3
9
10
11
12
13
Deposits
Foreign deposits
6139.9
59.9
216.9
4913.9
949.2
6753.1
65.2
173.1
5400.4
1114.5
7406.0
80.5
90.3
5888.5
1346.7
8013.5
56.9
292.0
6082.8
1581.8
7954.4
50.5
380.0
6210.8
1313.1
7913.9
54.8
273.0
6456.4
1129.6
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23

Open market paper
Treasury securities
Savings bonds
Other Treasury
Mortgages
3327.2
98.4
464.3
205.1
259.2
496.8
820.9
1298.7
8.7
139.4
3463.1
117.5
384.1
202.4
181.7
405.6
872.0
1552.8
9.1
122.1
4072.3
107.3
255.6
196.4
59.2
668.9
896.0
2017.2
17.6
109.8
3963.9
6.0
246.1
194.0
52.2
712.1
903.8
1955.0
29.7
111.2
4254.4
34.6
802.1
191.2
610.9
114.3
1010.2
2167.2
24.5
101.5
4427.8
63.4
1105.6
187.9
917.7
205.5
1090.3
1846.5
26.2
90.2
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

Mutual fund shares (6)
Security credit
Equity in noncorporate business (7)
8093.6
3669.1
575.3
1082.6
11460.1
7965.5
608.7
9644.6
4188.1
655.7
1163.7
12750.6
8893.6
646.1
9633.2
4596.8
866.4
1201.5
13390.7
8755.8
712.2
5742.7
3325.9
742.7
1179.8
10408.5
7147.8
766.3
7365.9
4177.2
668.6
1242.1
11914.5
6241.7
787.1
8532.6
4717.7
694.3
1278.3
13102.3
6818.5
830.0
24
25
26
27
28
29
30
12206.1
13459.2
14371.5
14264.6
14083.3
13941.4
31
11765.0
8878.5
2320.6
205.2
36.4
119.0
205.3
12944.3
9867.7
2416.0
224.1
86.4
123.8
226.5
13807.6
10542.1
2555.3
241.2
99.7
127.0
242.2
13842.6
10494.5
2594.1
249.3
117.7
133.2
253.8
13617.1
10347.9
2478.9
264.1
147.8
133.7
244.7
13379.3
10048.4
2434.7
268.1
263.2
136.1
228.8
32
33
34
35
36
37
38
232.4
186.3
292.1
199.9
325.5
214.5
164.8
230.2
203.0
241.2
278.2
259.3
39
40
22.4
22.8
23.9
27.0
22.1
24.7
41
31
Liabilities
32
33
34
35
36
37
38

Home mortgages (8)
Consumer credit
Bank loans n.e.c.
Commercial mortgages (9)
39
40
Security credit
Trade payables (9)
Deferred and unpaid
41
42
Net worth
59069.7
64278.6
64266.1
51476.3
54239.3
57788.5
42
43
44
45
46
Memo:
Replacement-cost value of structures:
Residential
Households
Nonprofit organizations
Nonresidential (nonprofits)
13475.1
13275.9
199.3
1196.2
14440.6
14229.3
211.3
1318.9
14660.2
14445.1
215.1
1404.7
14410.4
14195.4
215.0
1489.5
14130.1
13918.3
211.7
1436.7
14194.4
13983.6
210.8
1450.1
43
44
45
46
9277.3
9915.7
10423.6
11024.5
10788.8
11179.7
47
636.7
648.3
616.5
466.9
502.7
516.9
48
13181.0
12875.2
10344.7
7039.0
6781.5
6459.4
49
59.8
56.6
49.5
40.1
39.6
39.1
50
47
48
49
50
Disposable personal income (SAAR)

Household net worth as percentage of
disposable personal income (SAAR)
Owners equity in household real
estate (10)
Owners equity as percentage of
household real estate (11)
(1) Sector includes farm households and domestic hedge funds.

(2) At market value.
(3) 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.
(4) At replacement (current) cost.
(6) Value based on the market values of equities held and the book value of other assets held by mutual funds.
(7) Net worth of noncorporate business (table B.103, line 31) and owners equity in farm business and unincorporated security brokers and dealers.
(8) Includes loans made under home equity lines of credit and home equity loans secured by junior liens, shown on table L.218, line 22.
(9) Liabilities of nonprofit organizations.
(11) Line 49 divided by line 4.
98
FFA, 2005-2010, September 16, 2011
B.102 Balance Sheet of Nonfarm Nonfinancial Corporate Business

Billions of dollars
2005
2006
2007
2008
2009
2010
24436.2
26819.2
28646.0
26742.8
25758.9
28119.4
12540.2
14166.0
14899.9
13822.6
12176.3
13615.0
7427.5
3555.2
1557.5
8701.4
3800.2
1664.4
9148.1
3957.1
1794.7
7946.4
4129.2
1747.0
6497.2
4054.1
1625.0
7766.3
4072.5
1776.3
3
4
5
11896.0
12653.2
13746.1
12920.2
13582.5
14504.4
63.6
267.8
450.4
348.2
14.6
111.0
52.1
17.4
32.1
68.3
59.6
2108.2
140.0
8162.9
49.3
150.9
497.0
416.3
15.5
122.7
45.5
15.2
28.1
59.8
57.6
2090.0
180.7
8924.7
50.3
141.9
441.3
544.4
8.1
69.5
38.3
12.8
29.2
41.4
58.6
2253.0
191.1
9866.4
24.7
32.7
381.9
702.6
7.2
57.3
30.5
10.2
26.2
33.6
59.8
2081.1
125.8
9346.7
31.6
168.7
491.2
646.1
8.0
56.9
39.1
13.0
27.3
30.3
57.2
2114.6
190.2
9708.1
72.2
410.4
473.9
517.5
12.4
72.7
39.5
13.2
21.0
27.0
56.0
2258.4
222.9
10307.4
7
8
9
10
11
12
13
14
15
16
17
18
19
20
11145.3
11781.9
12872.6
13173.3
12964.6
13340.4
21
With nonfinancial assets stated at either market value or replacement cost:

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Assets
Nonfinancial assets
Real estate (1)
Equipment and software (2)
Inventories (2)
Financial assets
Foreign deposits
Security RPs
Commercial paper
Treasury securities
Mortgages
Consumer credit
Trade receivables
Mutual fund shares (1)
Liabilities
22
23
24
25
26
27
28

Commercial paper
Corporate bonds (4)
Bank loans n.e.c.
Mortgages
5472.4
90.1
176.8
3031.1
508.7
932.5
733.2
5943.5
112.5
182.2
3246.7
518.3
1061.7
822.1
6702.5
123.8
190.3
3557.9
609.9
1350.2
870.4
6955.1
131.5
193.0
3762.5
663.6
1405.0
799.6
6967.6
58.4
198.5
4139.7
542.6
1261.3
767.1
7132.8
82.9
207.1
4560.3
528.8
1066.8
686.9
22
23
24
25
26
27
28
29
30
31
Trade payables
Taxes payable
1699.4
86.2
3887.3
1813.0
85.4
3940.0
1898.9
35.8
4235.4
1669.0
39.0
4510.3
1579.0
35.7
4382.3
1773.0
39.3
4395.2
29
30
31
32
Net worth (market value)
13290.8
15037.3
15773.4
13569.5
12794.2
14779.0
32
152.3
5671.9
164.8
6218.9
170.8
6611.9
172.7
7168.5
171.4
6807.8
171.4
6999.9
33
34
12686.6
41.2
43.1
95.5
14602.3
39.5
40.7
97.1
15730.7
42.5
42.6
99.7
10016.6
51.3
69.4
73.8
12494.7
54.5
55.8
97.7
14429.6
48.3
49.4
97.6
35
36
37
38
19993.6
21233.8
22813.1
22358.9
23066.5
24429.2
39
8097.6
3308.5
3269.8
1519.3
8580.5
3538.2
3428.1
1614.2
9067.0
3822.9
3580.5
1663.6
9438.7
4124.9
3684.3
1629.5
9484.0
4313.6
3660.3
1510.0
9924.8
4574.3
3709.0
1641.5
40
41
42
43
33
34
35
36
37
38
Memo:
Residential
Nonresidential
Market value of equities outstanding
(includes corporate farm equities)
Debt/net worth (percent) (5)
Debt/equities (percent) (6)
Equities/net worth (percent) (7)
With nonfinancial assets stated at historical cost:
39
40
41
42
43
Assets (8)
Nonfinancial assets
Real estate
Equipment and software
Inventories
44
Net worth (historical cost) (9)
8848.3
9451.9
9940.5
9185.6
10101.8
11088.8
44
45
46
47
Memo:
Historical-cost value of structures:
Residential
Nonresidential
64.0
2868.7
61.8
68.7
3064.8
62.9
73.1
3312.0
67.4
76.6
3603.9
75.7
78.8
3786.8
69.0
80.4
3920.2
64.3
45
46
47

(4) Through 1992, corporate bonds include net issues by Netherlands Antillean financial subsidiaries, and U.S. direct investment abroad excludes net inflows from those bond issues.
(8) Sum of lines 6 and 40.
FFA, 2005-2010, September 16, 2011
99
B.103 Balance Sheet of Nonfarm Nonfinancial Noncorporate Business

Billions of dollars
Assets
2005
2006
2007
2008
2009
2010
10649.7
12056.8
12392.8
11288.0
10158.3
10514.5
Nonfinancial assets
8107.9
8999.7
8859.7
7658.9
6812.6
7332.1
3
4
5
Real estate (1)

Residential
Nonresidential
7546.1
5749.8
1796.2
8392.7
6284.6
2108.1
8219.6
6005.4
2214.2
6995.6
5085.5
1910.1
6166.0
4623.4
1542.7
6682.3
4871.9
1810.4
3
4
5
6
7
8
Equipment and software (2)

Residential (3)
Nonresidential
479.8
42.9
436.9
519.4
46.2
473.2
545.7
47.4
498.2
571.4
48.7
522.7
561.1
46.1
514.9
556.3
44.4
511.9
6
7
8
Inventories (2)
82.0
87.6
94.5
91.9
85.5
93.5
10
Financial assets
2541.8
3057.2
3533.1
3629.0
3345.7
3182.5
10
355.5
324.1
69.0
428.6
344.4
72.2
494.3
359.3
74.3
497.6
358.1
75.4
458.8
330.1
69.5
436.4
314.0
66.1
11
12
13
56.2
4.4
36.2
0.0
56.3
5.8
34.6
0.0
59.3
5.3
42.1
0.0
51.8
4.9
39.1
0.0
47.8
4.5
36.1
0.0
45.4
4.3
34.3
0.0
14
15
16
17
430.9
1265.5
65.3
1.8
1198.4
470.9
1644.4
66.9
1.9
1575.6
525.6
1972.8
68.6
2.2
1902.0
522.7
2079.4
70.7
4.8
2003.9
481.9
1917.1
71.0
4.8
1841.4
458.4
1823.6
71.6
4.8
1747.2
18
19
20
21
22
4064.3
4646.8
5228.6
5659.4
5430.1
5276.8
23
2786.9
3195.6
3650.3
3972.1
3672.9
3474.6
24
629.9
149.5
2007.5
742.8
163.9
2288.9
882.3
174.9
2593.1
1000.0
208.1
2764.0
804.6
199.5
2668.8
727.4
203.8
2543.3
25
26
27
329.4
86.7
861.2
349.4
95.7
1006.1
378.7
99.5
1100.0
366.8
106.2
1214.3
332.8
98.4
1326.0
313.2
93.9
1395.1
28
29
30
6585.4
7410.0
7164.2
5628.5
4728.3
5237.8
31
2854.7
1183.9
3025.2
1294.8
3072.5
1369.9
3047.3
1466.4
2993.2
1384.6
2982.0
1390.3
32
33
42.3
43.1
51.0
70.6
77.7
66.3
34
11
12
13

14
15
16
17
Treasury securities
Mortgages
Consumer credit
18
19
20
21
22
Trade receivables
Other
23
24
25
26
27
28
29
30
31
Liabilities
Bank loans n.e.c.
Mortgages
Trade payables
Taxes payable
Net worth (5)
Memo:
32
33

Residential
Nonresidential
34

(3) Durable goods in rental properties.
(5) Line 1 less line 23. Included in table B.100, line 29.
100
FFA, 2005-2010, September 16, 2011
R.100 Change in Net Worth of Households and Nonprofit Organizations

Billions of dollars
1
2
Change in net worth (1)

Net investment
2005
2006
6381.7
5208.9
353.3
210.0
2007
2008
2009
2010
-12.5
-12789.9
2763.1
3549.2
719.6
793.1
543.9
991.5
3
4
5
Net physical investment

- Consumption of fixed capital
771.6
1819.0
1047.3
733.1
1843.1
1110.0
595.6
1757.4
1161.8
358.1
1559.3
1201.2
164.0
1373.7
1209.7
200.8
1411.3
1210.6
3
4
5
6
7
8

- Net increase in liabilities
-418.3
739.6
1157.9
-523.1
730.0
1253.1
124.0
1036.3
912.3
434.9
323.2
-111.8
379.9
198.6
-181.3
790.8
611.1
-179.6
6
7
8
6029.4
4977.3
-769.9
-13444.7
1796.4
2747.8
3050.6
981.6
67.9
1374.3
555.1
0.0
516.2
2136.1
353.5
916.4
1055.1
0.0
-2118.9
836.5
200.1
-130.3
442.7
0.0
-3879.0
-3778.1
-1271.0
-1319.8
-3196.6
0.0
-857.4
1572.5
513.1
-837.9
1406.4
-0.3
-397.8
1314.1
255.7
595.0
981.9
-1.0
10
11
12
13
14
15
-41.3
-35.9
-52.1
-32.5
-44.4
-90.9
16
9
10
11
12
13
14
15
16
Holding gains on assets

at market value (2)
Real estate
Corporate equities
Mutual fund shares
Life insurance and pension fund reserves
Equity investment under PPIP
at current cost (2)
17
18
Consumer durable goods

-45.6
4.4
-43.2
7.3
-58.1
5.9
-36.3
3.8
-43.3
-1.2
-90.7
-0.3
17
18
19
Other volume changes (3)
40.3
57.5
90.0
-105.8
467.2
-99.3
19
59069.7
9277.3
64278.6
9915.7
64266.1
10423.6
51476.3
11024.5
54239.3
10788.8
57788.5
11179.7
20
21
Memo:
20
21
Net worth outstanding (4)

Disposable personal income
(1) Sum of net investment (line 2), holding gains (lines 9 and 16), and other volume changes (line 19).
(2) Calculated as change in amount outstanding less net purchases during period less disaster-related losses to fixed assets.
(3) Consists of statistical discontinuities and disaster-related losses to fixed assets. Also includes the difference between series for consumption of fixed capital published by BEA.
(4) Table B.100, line 42.
FFA, 2005-2010, September 16, 2011
101
R.102 Change in Net Worth of Nonfarm Nonfinancial Corporate Business

Billions of dollars
1
2

Net investment
2005
2006
2028.3
1746.5
-118.2
-365.7
2007
2008
2009
2010
736.1
-2204.0
-775.3
1984.8
-641.1
-984.4
535.9
202.0
3
4
5
6

- Inventory valuation adjustment
240.1
944.9
735.5
-30.7
337.2
1091.2
792.0
-38.0
349.7
1134.7
832.2
-47.2
287.7
1097.3
854.0
-44.5
-103.8
747.6
850.8
0.6
166.8
972.0
844.3
-39.1
3
4
5
6
7
8
9

-16.4
944.8
961.2
-137.3
699.2
836.5
-204.0
1073.3
1277.3
-936.2
-605.5
330.7
704.2
567.6
-136.7
313.2
852.6
539.4
7
8
9
-341.8
-565.7
-786.8
-336.0
-64.6
-277.9
10
1522.7
1162.8
271.2
-1446.5
-1513.3
1122.8
11
1514.2
8.4
1147.0
15.8
261.1
10.1
-1387.4
-59.2
-1537.2
23.9
1106.8
16.0
12
13
161.8
178.2
222.1
5.8
148.3
50.5
14
85.1
31.3
86.3
41.0
136.3
8.3
15.9
-17.7
49.9
54.7
145.1
27.7
100.7
-51.6
-144.4
-101.2
-21.0
29.7
3.1
-136.5
-2.4
47.0
-30.9
-36.8
15
16
17
18
462.1
771.2
883.9
221.2
53.8
609.5
19
13290.8
15037.3
15773.4
13569.5
12794.2
14779.0
20
10
11
12
13
Net corporate equity issues

at market value (2)
Real estate
Mutual fund shares
14
Holding gains on assets less

liabilities at current cost (2)
15
16
17
18

Inventories (3)
Direct investment abroad
- Foreign direct investment in U.S.
19

Memo:
20
(1) Sum of net investment (line 2), holding gains (lines 12 and 15), and other volume changes (line 20).
(2) Calculated as change in amount outstanding less net purchases during period less disaster-related losses to fixed assets.
(3) Before inventory valuation adjustment.
(4) Consists of statistical discontinuities and disaster-related losses to fixed assets.
102
FFA, 2005-2010, September 16, 2011
R.103 Change in Net Worth of Nonfarm Nonfinancial Noncorporate Business

Billions of dollars
2005
Net capital transfers paid
Net investment
4
5
6

7
8
9

2006
2007
2008
2009
2010
1200.8
824.6
-245.8
-1535.7
-900.3
509.5
-13.1
0.0
0.0
-3.3
-6.0
-7.8
26.5
68.4
18.2
-281.5
-60.1
-8.2
125.3
254.9
129.5
135.5
276.2
140.7
124.4
286.3
161.9
53.2
241.1
187.9
-6.1
181.0
187.1
0.2
186.1
185.8
4
5
6
-112.3
436.2
548.5
-135.5
515.3
650.8
-124.4
475.9
600.3
-49.9
95.9
145.9
12.1
-283.3
-295.4
7.5
-163.2
-170.8
7
8
9
10
Proprietors net investment (2)
13.4
68.4
18.2
-284.8
-66.1
-16.0
10
11
Holding gains on real estate (3)
1236.3
792.3
-231.0
-1260.1
-834.6
529.0
11
865.6
370.7
507.6
284.7
-300.3
69.4
-926.3
-333.9
-458.7
-375.8
259.0
270.0
12
13
12
13
Residential
Nonresidential
14
Holding gains on assets at current cost (3)
-37.3
-35.9
-33.4
10.5
-5.7
-9.8
14
15
16
17
Residential equipment and software

Nonresidential equipment and software
Inventories
1.3
-41.8
3.2
1.2
-39.8
2.7
-0.4
-38.4
5.4
0.2
10.6
-0.4
-2.8
-4.4
1.5
-2.6
-11.8
4.6
15
16
17
-11.6
-0.1
0.3
-1.3
6.1
6.3
18
6585.4
7410.0
7164.2
5628.5
4728.3
5237.8
19
18

Memo:
19
(1) Sum of net capital transfers paid (line 2), net investment (line 3), holding gains (lines 11 and 14), and other volume changes (line 18).
(2) Shown on table F.103, line 30.
(3) Calculated as change in amount outstanding less net investment during period less disaster-related losses to fixed assets.
(4) Consists of statistical discontinuities and disaster-related losses to fixed assets.
FFA, 2005-2010, September 16, 2011
103
F.106.c Consolidated Statement for Federal, State, and Local Governments

Billions of dollars
2005
2006
2007
2008
2009
2010

Taxes from the rest of the world
3659.3
1208.6
930.2
395.9
12.1
877.4
111.9
126.7
-3.5
3995.2
1352.4
986.8
454.2
14.0
926.4
129.6
136.0
-4.2
4197.0
1488.7
1027.2
420.6
14.7
964.2
144.2
149.2
-11.8
4051.6
1435.7
1038.6
281.0
18.8
992.1
137.5
163.9
-16.0
3703.7
1141.4
1017.9
249.1
14.7
969.0
141.4
185.2
-14.9
3962.8
1193.9
1054.0
387.4
13.3
991.7
144.0
194.1
-15.7
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16

Government social benefits
Other current transfer payments
Interest payments
Subsidies
3916.4
1977.9
1494.0
40.9
342.7
60.9
0.0
4147.9
2093.3
1596.1
34.9
372.2
51.4
0.0
4430.0
2217.8
1701.2
42.2
414.3
54.6
0.0
4737.3
2381.0
1857.9
45.3
400.2
52.9
0.0
4999.7
2412.2
2116.0
53.3
358.6
59.7
0.0
5261.8
2497.5
2259.5
57.3
390.2
57.3
0.0
10
11
12
13
14
15
16
17
18
19
20
21
Net government saving, NIPA basis

- Insurance and pension fund reserves (1)
- Contr. for govt. soc. insur., U.S.-affiliated areas
- Net capital transfers (2)
-257.1
250.6
0.7
4.7
10.0
-152.7
269.3
0.1
4.6
-14.7
-233.0
291.3
0.1
4.7
-2.6
-685.7
311.2
-0.6
4.8
3.0
-1296.0
323.7
0.5
4.9
14.9
-1299.0
334.0
-1.7
4.9
29.8
17
18
19
20
21
22
= Gross saving less net capital transfers
-21.9
126.6
56.1
-381.7
-992.5
-997.8
22
23
24
25
Gross investment
Fixed investment
28.8
392.0
9.8
165.7
425.1
-2.2
51.7
456.5
12.5
-423.1
497.2
-5.1
-865.3
505.4
7.3
-909.4
505.3
14.8
23
24
25
-373.0
148.6
-14.4
21.7
11.8
5.1
10.0
-257.1
136.0
-2.7
2.7
26.4
6.8
13.5
-417.3
146.5
-0.4
20.4
37.6
3.4
6.6
-915.2
574.6
4.2
321.6
17.9
-1.4
-2.7
-1378.0
273.6
51.9
-155.0
11.2
4.5
8.8
-1429.5
401.5
1.6
155.5
-0.4
4.7
9.2
26
27
28
29
30
31
32
60.1
13.1
28.4
0.4
9.0
13.1
3.7
-7.7
2.5
0.8
19.5
40.9
-9.2
88.5
17.6
38.3
0.5
12.1
18.2
1.9
-0.0
-4.4
-1.3
2.2
5.1
-0.9
26.0
-11.3
18.8
0.2
6.0
8.5
6.7
-2.9
2.7
0.5
8.0
-34.7
76.4
8.9
-63.5
46.8
-0.1
-2.4
10.3
12.6
5.2
279.2
14.3
1.4
-66.1
-2.8
244.4
-53.5
127.0
0.3
8.5
21.9
75.0
65.2
18.2
-7.2
-12.1
24.8
84.2
74.1
-28.0
-41.0
0.3
8.6
1.0
130.4
2.7
-11.3
-7.7
8.7
45.4
121.7
33
34
35
36
37
38
39
40
41
42
43
44
45
521.7
0.0
0.0
0.8
385.9
0.7
214.3
-0.4
171.3
0.0
65.8
1.1
68.0
393.1
0.0
0.0
0.6
291.0
-2.7
140.9
-0.3
153.1
0.0
40.6
1.5
59.4
563.8
0.0
0.0
-0.7
420.3
-6.0
236.3
-0.4
190.4
0.0
66.4
1.2
76.6
1489.8
0.0
0.0
-0.8
1338.4
-2.4
1290.0
0.2
50.6
0.0
61.8
1.0
89.5
1651.6
47.6
3.0
-0.4
1532.6
-2.8
1426.4
0.1
108.9
0.0
-13.8
1.1
81.4
1831.0
0.0
0.0
-0.3
1678.9
-3.3
1575.5
0.7
106.0
0.0
60.9
0.9
90.6
46
47
48
49
50
51
52
53
54
55
56
57
58
-50.6
-39.2
4.3
41.3
-127.2
-88.4
59
-649.1
276.1
-373.0
-577.8
320.7
-257.1
-689.5
272.2
-417.3
-1182.9
267.7
-915.2
-1801.4
423.4
-1378.0
-1804.3
374.8
-1429.5
60
61
62
1
2
3
4
5
6
7
8
9
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58

Security RPs
Open market paper
Mortgages
Consumer credit
Corporate equities
Mutual fund shares
Trade receivables
Taxes receivable
SDR allocations
SDR certificates
Treasury currency
Savings bonds
Other Treasury securities (4)
Trade payables
Insurance reserves
59
Discrepancy
60
61
62
Memo:
Net govt. saving less fixed investment (6)
Adjustment between NIPA and FOF (7)
Items to be financed (8)
(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 transactions with state and local governments.
(7) Line 18 less the sum of lines 19, 20, 21, 25, and 58.
(8) Line 59 plus line 60.
104
FFA, 2005-2010, September 16, 2011
L.106.c Consolidated Statement for Federal, State, and Local Governments

Billions of dollars
2
3
4
5
6

Security RPs
8
9
10
11
12
13
14
Open market paper

Mortgages
Consumer credit
15
16
Corporate equities
Mutual fund shares
17
18
19
Trade receivables
Taxes receivable
20
Total liabilities
21
22
23
SDR allocations
SDR certificates
Treasury currency
24
25
26
27
28
29

Savings bonds
Other Treasury securities (2)
30
31
32
Trade payables
Insurance reserves
2005
2006
2007
2008
2009
2010
2398.5
2563.9
2731.3
3278.6
3430.7
3751.1
35.3
93.3
184.8
71.7
141.2
34.5
94.8
211.2
78.5
154.6
36.4
113.6
248.8
81.9
161.2
41.9
433.6
266.6
80.5
158.6
94.6
278.5
277.8
85.0
167.3
95.4
433.6
277.4
89.7
176.5
2
3
4
5
6
1133.8
1222.3
1248.4
1257.3
1501.7
1575.7
184.8
401.6
5.0
127.2
228.5
89.8
96.8
202.4
439.9
5.5
139.4
246.7
91.7
96.8
191.1
458.7
5.7
145.3
255.2
98.4
93.9
127.6
505.5
5.6
142.9
265.5
111.0
99.1
74.1
632.5
5.9
151.4
287.4
186.0
164.3
46.1
591.5
6.3
160.0
288.4
316.4
167.0
8
9
10
11
12
13
14
96.8
29.6
106.0
32.5
111.6
33.8
274.9
33.3
189.6
35.1
154.5
32.1
15
16
215.7
232.6
163.8
217.9
285.1
126.3
225.8
342.5
127.2
227.3
389.3
115.3
215.2
416.1
169.8
223.9
448.9
243.4
17
18
19
7792.0
8179.7
8744.2
10233.6
11882.1
13709.4
20
7.0
2.2
27.5
7.4
2.2
28.1
7.7
2.2
27.4
7.5
2.2
26.6
55.4
5.2
26.2
54.4
5.2
25.9
21
22
23
6064.3
205.1
3991.5
23.8
1843.9
0.0
6355.3
202.4
4132.4
23.5
1996.9
0.0
6775.6
196.4
4368.7
23.1
2187.3
0.0
8114.0
194.0
5658.7
23.3
2237.9
0.0
9646.6
191.2
7085.1
23.5
2346.8
0.0
11325.5
187.9
8660.6
24.2
2452.8
0.0
24
25
26
27
28
29
684.7
42.7
963.7
725.3
44.2
1017.2
791.7
45.4
1094.2
853.4
46.4
1183.5
839.6
47.5
1261.6
900.5
48.4
1349.4
30
31
32
(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.
FFA, 2005-2010, September 16, 2011
105
F.118.b Private Pension Funds: Defined Benefit Plans

Billions of dollars
2005
2
3
4
5

Security RPs
7
8
9
10
11
2006
2007
2008
2009
2010
-35.4
-46.6
-76.4
-82.4
-35.1
-31.9
0.1
5.6
0.0
0.7
0.2
0.4
0.0
0.3
0.2
1.6
0.0
0.2
0.1
1.1
0.0
0.1
2.8
3.3
0.0
-0.0
10.1
4.2
0.0
-0.1
2
3
4
5
33.8
34.3
84.8
71.8
114.1
78.6
Open market paper

Treasury securities
0.6
1.4
16.1
0.3
11.8
2.6
-4.5
32.8
26.7
10.1
10.1
13.7
-4.1
97.9
-23.4
-5.4
140.2
-97.5
7
8
9

Mortgages
15.9
-0.2
19.6
-0.1
30.3
-0.5
38.2
-0.3
44.6
-0.9
42.2
-0.9
10
11
12
13
Corporate equities
Mutual fund shares
-49.0
-7.0
-107.9
-0.2
-209.0
20.1
-171.1
15.5
-159.6
-5.2
-120.2
-2.6
12
13
14
15
16
17
Other
-19.8
-16.4
-1.9
-1.5
26.3
12.0
-0.2
14.5
25.6
29.0
-0.2
-3.1
0.0
24.0
-0.1
-23.9
9.6
5.6
-0.4
4.4
-2.0
-1.9
-0.9
0.8
14
15
16
17
F.118.c Private Pension Funds: Defined Contribution Plans (1)

Billions of dollars
1
2
3
4
5

Security RPs
7
8
9
10
11
107.8
100.1
108.1
45.6
95.1
109.1
0.2
0.7
1.9
0.3
0.2
0.5
3.4
0.4
0.4
3.0
3.4
3.1
0.3
-0.8
2.3
7.2
1.4
1.4
0.6
3.1
1.4
0.2
-0.1
0.9
2
3
4
5
11.4
24.1
17.7
18.9
-2.5
29.4
Open market paper

Treasury securities
2.4
2.1
0.7
-0.1
2.4
14.0
-0.3
5.9
1.4
0.2
5.3
7.7
-6.4
27.9
-25.7
-6.3
35.8
-0.6
7
8
9

Mortgages
6.3
0.0
8.1
-0.2
9.5
1.2
4.5
1.2
-1.8
3.5
-1.6
2.2
10
11
12
13
Corporate equities
Mutual fund shares
6.9
77.0
21.4
75.0
20.7
68.0
-13.6
20.0
-16.0
95.0
9.1
85.0
12
13
14
15
16
17
Other
9.4
15.0
0.0
-5.6
-25.0
-13.4
-1.8
-9.8
-8.1
-2.7
4.7
-10.1
11.3
14.2
0.8
-3.7
12.0
4.5
2.9
4.6
-16.9
-2.5
-0.4
-14.0
14
15
16
17
(1) Includes 401(k) type plans.

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

Billions of dollars
1
Total held at:
2
3
4

Saving institutions
Credit unions
5
6
7
8

Mutual funds
Other self-directed accounts
206.4
247.4
275.7
247.5
198.6
88.7
7.3
0.1
1.6
26.7
3.9
3.9
8.7
13.5
5.0
37.4
6.8
7.2
27.5
3.3
8.7
21.0
5.6
3.0
2
3
4
28.2
7.0
76.8
85.4
12.2
34.0
108.2
58.6
17.9
44.0
121.4
65.1
28.9
46.0
-119.1
240.3
-6.0
-40.0
151.4
53.7
10.9
-23.0
120.9
-49.6
5
6
7
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).
106
FFA, 2005-2010, September 16, 2011
L.118.b Private Pension Funds: Defined Benefit Plans

Billions of dollars
2
3
4
5

Security RPs
7
8
9
10
11
2005
2006
2007
2008
2009
2010
2281.3
2529.5
2596.0
1853.5
2104.7
2262.0
5.3
42.0
0.0
5.1
5.5
42.3
0.0
5.4
5.8
44.0
0.0
5.6
5.9
45.0
0.0
5.8
8.7
48.3
0.0
5.7
18.8
52.5
0.0
5.7
2
3
4
5
468.5
502.8
587.6
659.3
773.4
852.0
Open market paper

Treasury securities
5.1
60.0
198.5
5.5
71.8
201.1
1.0
104.6
227.8
11.0
114.8
241.5
6.9
212.7
218.2
1.6
352.8
120.7
7
8
9

Mortgages
200.6
4.2
220.2
4.1
250.6
3.6
288.7
3.2
333.3
2.3
375.5
1.5
10
11
1392.8
253.4
1520.7
296.4
1423.8
338.6
777.1
228.0
805.2
286.3
810.0
323.5
12
13
114.3
88.8
1.8
23.7
156.4
116.5
1.6
38.2
190.7
154.2
1.4
35.1
132.4
119.9
1.3
11.3
177.1
160.5
0.9
15.7
199.4
182.9
0.0
16.5
14
15
16
17
12
13
Corporate equities
Mutual fund shares
14
15
16
17
Other
L.118.c Private Pension Funds: Defined Contribution Plans (1)

Billions of dollars
1
3107.3
3553.3
3814.5
2699.2
3366.3
3849.7
5.5
20.3
86.7
16.6
5.7
20.8
90.1
17.0
6.0
23.7
93.5
20.1
6.4
22.9
95.7
27.3
7.7
24.3
96.4
30.5
9.1
24.6
96.3
31.4
2
3
4
5
231.4
255.6
273.3
292.1
289.6
319.1
Open market paper

Treasury securities
26.4
56.5
53.5
26.3
59.0
67.5
26.0
64.9
68.9
26.1
70.2
76.6
19.7
98.1
50.9
13.4
133.9
50.3
7
8
9

Mortgages
89.3
5.6
97.4
5.4
106.9
6.6
111.4
7.8
109.6
11.3
108.0
13.5
10
11
1048.9
1332.0
1204.1
1584.0
1249.5
1772.0
822.7
1138.0
1030.6
1531.0
1202.2
1803.0
12
13
365.9
249.6
43.0
73.3
376.2
271.4
41.2
63.6
376.4
277.1
45.8
53.4
294.1
197.7
46.7
49.7
356.2
252.3
49.6
54.3
364.1
274.6
49.2
40.3
14
15
16
17
2
3
4
5

Security RPs
7
8
9
10
11
12
13
Corporate equities
Mutual fund shares
14
15
16
17
Other
(1) Includes 401(k) type plans.

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

Billions of dollars
1
Total held at:
2
3
4

Saving institutions
Credit unions
5
6
7
8

Mutual funds
Other self-directed accounts
3652.0
4207.0
4784.0
3585.0
4251.0
4710.0
175.3
53.8
49.3
202.0
57.6
53.2
210.7
71.2
58.2
248.1
77.9
65.5
275.5
81.2
74.2
296.5
86.8
77.2
2
3
4
381.0
142.0
1494.0
1356.6
406.0
176.0
1772.0
1540.2
426.0
220.0
1992.0
1805.9
381.6
266.0
1272.0
1273.9
405.5
226.0
1664.0
1524.6
437.0
203.0
1927.0
1682.5
5
6
7
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).
FFA, 2005-2010, September 16, 2011
107
B.100.e Balance Sheet of Households and Nonprofit Organizations with Equity Detail (1)
Billions of dollars
Assets
2005
2006
2007
2008
2009
2010
71275.8
77737.8
78637.6
65740.9
68322.6
71729.9
Nonfinancial assets
28353.9
29579.1
28002.6
24449.8
23716.8
23414.6
Financial assets
42922.0
48158.7
50635.0
41291.1
44605.9
48315.3
6139.9
3327.2
6753.1
3463.1
7406.0
4072.3
8013.5
3963.9
7954.4
4254.4
7913.9
4427.8
4
5
17397.2
20358.5
20946.4
12439.9
15927.6
18304.7
4
5
Deposits
Equity shares at market value
Directly held
8093.6
9644.6
9633.2
5742.7
7365.9
8532.6
Indirectly held
9303.7
10713.9
11313.2
6697.2
8561.7
9772.1
1140.1
3630.8
1567.7
2063.1
1887.3
112.6
2532.9
1334.7
4155.6
1729.9
2425.7
2129.0
138.1
2956.4
1466.8
4260.5
1660.7
2599.8
2221.0
149.1
3215.8
956.9
2471.9
903.5
1568.5
1338.3
85.6
1844.4
1220.3
3055.6
975.2
2080.3
1684.5
119.4
2481.9
1420.5
3437.1
1004.3
2432.8
1939.0
143.7
2831.8
9
10
11
12
13
14
15
9
10
11
12
13
14
15

Defined benefit plans
Defined contribution plans
Mutual funds
16
Other
16057.6
17583.9
18210.3
16873.9
16469.5
17668.9
16
17
Liabilities
12206.1
13459.2
14371.5
14264.6
14083.3
13941.4
17
18
Net worth
59069.7
64278.6
64266.1
51476.3
54239.3
57788.5
18
13922.7
16478.1
17043.3
10185.7
13253.7
15346.3
19
24.4
40.5
26.2
42.3
26.6
41.4
18.9
30.1
23.3
35.7
25.5
37.9
20
21
Memo:
19
20
21
Equity shares excluding defined benefit plans

(line 6 minus lines 11, 13 and part of line 14)
Equity shares (line 6) as a percent of
Total assets (line 1)
Financial assets (line 3)
(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.

Flow of Funds Accounts of The United States: Annual Flows and Outstandings

Enviado por

Dados do documento

Descrição original:

Título original

Direitos autorais

Formatos disponíveis

Compartilhar este documento

Compartilhar ou incorporar documento

Opções de compartilhamento

Você considera este documento útil?

Este conteúdo é inapropriado?

Direitos autorais:

Formatos disponíveis

Flow of Funds Accounts of The United States: Annual Flows and Outstandings

Enviado por

Direitos autorais:

Formatos disponíveis

September 16, 2011

Flow of Funds Accounts

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

Total Credit Market Borrowing and Lending

Credit Market Borrowing by Nonfinancial Sectors

Credit Market Borrowing by Financial Sectors

Credit Market Borrowing, All Sectors, by Instrument

Total Liabilities and Its Relation to Total Financial Assets

Distribution of Gross Domestic Product

Distribution of National Income

Saving and Investment

Net Capital Transfers

Derivation of Measures of Personal Saving

Households and Nonprofit Organizations

Nonfarm Nonfinancial Corporate Business

Nonfarm Noncorporate Business

State and Local Governments

Rest of the World

U.S.-Chartered Commercial Banks

Foreign Banking Offices in U.S.

Bank Holding Companies

Banks in U.S.-Affiliated Areas

Property-Casualty Insurance Companies

Life Insurance Companies

Private Pension Funds

State and Local Government Employee Retirement Funds

Federal Government Retirement Funds

Money Market Mutual Funds

Closed-End and Exchange-Traded Funds

Agency- and GSE-Backed Mortgage Pools

Issuers of Asset-Backed Securities

Real Estate Investment Trusts

Security Brokers and Dealers

Special Drawing Rights (SDRs) Certificates and Treasury Currency F.201

U.S. Deposits in Foreign Countries

Net Interbank Transactions

Checkable Deposits and Currency

Time and Savings Deposits

Money Market Mutual Fund Shares

Federal Funds and Security Repurchase Agreements

Open Market Paper

Agency- and GSE-Backed Securities

Municipal Securities and Loans

Corporate and Foreign Bonds

Mutual Fund Shares

Bank Loans Not Elsewhere Classified

Other Loans and Advances

Multifamily Residential Mortgages

Life Insurance and Pension Fund Reserves

Taxes Payable by Businesses

Proprietors' Equity in Noncorporate Business

Total Miscellaneous Financial Claims

Identified Miscellaneous Financial Claims - Part I

Identified Miscellaneous Financial Claims - Part II

Unidentified Miscellaneous Financial Claims

Households and Nonprofit Organizations

Nonfarm Nonfinancial Corporate Business

Nonfarm Noncorporate Business

Consolidated Statement for Federal, State, and Local Governments

Private Pension Funds: Defined Benefit Plans

Private Pension Funds: Defined Contribution Plans

Individual Retirement Accounts (IRAs)