Table 1.14. Gross Value Added of Domestic Corporate Business in Current Dollars and Gross Value Added of Nonfinancial Domestic Corporate Business in Current and Chained Dollars

Annual

			Billions of Dollars
	Line	Name	2024	Preceding Period	Year Ago from Period
	line 1	Gross value added of corporate business	16,961.079	16,125.928	16,125.928
	line 2	Consumption of fixed capital	2,583.318	2,447.353	2,447.353
	line 3	Net value added	14,377.761	13,678.575	13,678.575
	line 4	Compensation of employees	9,443.321	8,960.619	8,960.619
	line 5	Wages and salaries	7,993.400	7,599.293	7,599.293
	line 6	Supplements to wages and salaries	1,449.921	1,361.327	1,361.327
	line 7	Taxes on production and imports less subsidies	1,250.767	1,194.608	1,194.608
	line 8	Net operating surplus	3,683.673	3,523.348	3,523.348
	line 9	Net interest and miscellaneous payments	88.225	168.012	168.012
	line 10	Business current transfer payments (net)	251.287	211.086	211.086
	line 11	Corporate profits with IVA and CCAdj	3,344.161	3,144.250	3,144.250
	line 12	Taxes on corporate income	680.341	613.010	613.010
	line 13	Profits after tax with IVA and CCAdj	2,663.820	2,531.240	2,531.240
	line 14	Net dividends	1,880.004	1,741.153	1,741.153
	line 15	Undistributed profits with IVA and CCAdj	783.816	790.086	790.086
	line 16	Gross value added of financial corporate business	2,111.882	1,962.570	1,962.570
	line 17	Gross value added of nonfinancial corporate business	14,849.197	14,163.359	14,163.359
	line 18	Consumption of fixed capital	2,274.356	2,154.291	2,154.291
	line 19	Net value added	12,574.841	12,009.068	12,009.068
	line 20	Compensation of employees	8,451.105	8,015.626	8,015.626
	line 21	Wages and salaries	7,152.832	6,796.351	6,796.351
	line 22	Supplements to wages and salaries	1,298.274	1,219.275	1,219.275
	line 23	Taxes on production and imports less subsidies	1,165.975	1,115.707	1,115.707
	line 24	Net operating surplus	2,957.761	2,877.736	2,877.736
	line 25	Net interest and miscellaneous payments	199.330	218.873	218.873
	line 26	Business current transfer payments (net)	111.445	97.823	97.823
	line 27	Corporate profits with IVA and CCAdj	2,646.986	2,561.040	2,561.040
	line 28	Taxes on corporate income	540.201	486.859	486.859
	line 29	Profits after tax with IVA and CCAdj	2,106.785	2,074.181	2,074.181
	line 30	Net dividends	1,539.583	1,385.640	1,385.640
	line 31	Undistributed profits with IVA and CCAdj	567.202	688.541	688.541
		Addenda:
		Corporate business:
	line 32	Profits before tax (without IVA and CCAdj)	3,721.570	3,382.161	3,382.161
	line 33	Profits after tax (without IVA and CCAdj)	3,041.229	2,769.151	2,769.151
	line 34	Undistributed profits after tax (without IVA and CCAdj)	1,161.225	1,027.997	1,027.997
	line 35	Inventory valuation adjustment	-8.915	32.987	32.987
	line 36	Capital consumption adjustment	-368.494	-270.898	-270.898
		Nonfinancial corporate business:
	line 37	Profits before tax (without IVA and CCAdj)	2,920.184	2,704.112	2,704.112
	line 38	Profits after tax (without IVA and CCAdj)	2,379.983	2,217.253	2,217.253
	line 39	Inventory valuation adjustment	-8.915	32.987	32.987
	line 40	Capital consumption adjustment	-264.284	-176.059	-176.059
		Value added, in billions of chained dollars:
	line 41	Gross value added of nonfinancial corporate business
	line 42	Consumption of fixed capital
	line 43	Net value added