Table 1.1. U.S. Net International Investment Position at the End of the Period

Annual

		Millions of Dollars
Line	Name	2025	Preceding Period	Year Ago from Period
line 1	U.S. net international investment position	-21,873,581	-22,127,875	-22,127,875
line 2	Net international investment position excluding financial derivatives	-21,864,694	-22,145,323	-22,145,323
line 3	Financial derivatives other than reserves net	-8,887	17,448	17,448
line 4	U.S. assets	42,909,737	35,714,575	35,714,575
line 5	Assets excluding financial derivatives	40,999,822	33,374,282	33,374,282
line 6	Financial derivatives other than reserves gross positive fair value	1,909,915	2,340,293	2,340,293
	By functional category:
line 7	Direct investment at market value	13,818,131	11,040,279	11,040,279
line 8	Portfolio investment	19,208,724	15,748,332	15,748,332
line 9	Financial derivatives other than reserves gross positive fair value	1,909,915	2,340,293	2,340,293
line 10	Other investment	6,577,612	5,672,095	5,672,095
line 11	Reserve assets	1,395,356	913,576	913,576
line 12	U.S. liabilities	64,783,318	57,842,450	57,842,450
line 13	Liabilities excluding financial derivatives	62,864,516	55,519,605	55,519,605
line 14	Financial derivatives other than reserves gross negative fair value	1,918,802	2,322,845	2,322,845
	By functional category:
line 15	Direct investment at market value	14,476,426	13,060,082	13,060,082
line 16	Portfolio investment	38,201,477	33,210,723	33,210,723
line 17	Financial derivatives other than reserves gross negative fair value	1,918,802	2,322,845	2,322,845
line 18	Other investment	10,186,612	9,248,799	9,248,799