Quarterly:
R.103 Change in Net Worth of Nonfinancial Corporate Business

Line	Name	Q1 2020	Q4 2019	Q1 2019	Units
1	Change in net worth	1,503,446	-624,768	-512,864	Mil. of $
2	Net investment	169,086	-12,555	-413,892	Mil. of $
3	Net physical investment	74,728	58,207	168,528	Mil. of $
4	Capital expenditures	517,616	479,489	572,131	Mil. of $
5	- Consumption of fixed capital	426,652	422,095	407,489	Mil. of $
6	- Inventory valuation adjustment	16,236	-812	-3,887	Mil. of $
7	Net lending (+) or net borrowing (-)	194,955	50,913	-409,005	Mil. of $
8	Net acquisition of financial assets	834,587	243,010	-27,354	Mil. of $
9	- Net increase in liabilities	740,229	313,771	555,066	Mil. of $
10	Net corporate equity issues	-100,597	-121,674	-173,415	Mil. of $
11	Holding gains on assets at market value	-555,979	-20,255	620,669	Mil. of $
12	Real estate	151,810	-344,606	371,986	Mil. of $
13	Corporate equities	-458,180	180,474	234,038	Mil. of $
14	Mutual fund shares	-52,367	16,292	26,192	Mil. of $
15	Holding gains on assets liabilities at current cost	-1,372,868	342,344	534,558	Mil. of $
16	Equipment	8,679	2,995	12,207	Mil. of $
17	Intellectual property products	19,163	17,218	16,587	Mil. of $
18	Inventories	-41,854	45,992	-31,694	Mil. of $
19	Direct investment abroad	-1,560,103	404,568	524,396	Mil. of $
20	- Foreign direct investment in U.S.	-1,711,284	457,498	740,194	Mil. of $
21	Other volume changes	1,890,339	-591,958	-719,641	Mil. of $
	Memo:
22	Net worth outstanding	17,512.391	16,008.945	15,760.366	Bil. of $

Quarterly:R.103 Change in Net Worth of Nonfinancial Corporate Business