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	2025	Preceding Period	Year Ago from Period
	line 1	Gross value added of corporate business	17,885.075	16,961.079	16,961.079
	line 2	Consumption of fixed capital	2,742.753	2,583.318	2,583.318
	line 3	Net value added	15,142.321	14,377.761	14,377.761
	line 4	Compensation of employees	9,891.479	9,443.321	9,443.321
	line 5	Wages and salaries	8,364.494	7,993.400	7,993.400
	line 6	Supplements to wages and salaries	1,526.985	1,449.921	1,449.921
	line 7	Taxes on production and imports less subsidies	1,412.928	1,250.767	1,250.767
	line 8	Net operating surplus	3,837.914	3,683.673	3,683.673
	line 9	Net interest and miscellaneous payments	43.823	88.225	88.225
	line 10	Business current transfer payments (net)	243.206	251.287	251.287
	line 11	Corporate profits with IVA and CCAdj	3,550.884	3,344.161	3,344.161
	line 12	Taxes on corporate income	695.171	680.341	680.341
	line 13	Profits after tax with IVA and CCAdj	2,855.713	2,663.820	2,663.820
	line 14	Net dividends	1,706.853	1,880.004	1,880.004
	line 15	Undistributed profits with IVA and CCAdj	1,148.860	783.816	783.816
	line 16	Gross value added of financial corporate business	2,283.055	2,111.882	2,111.882
	line 17	Gross value added of nonfinancial corporate business	15,602.020	14,849.197	14,849.197
	line 18	Consumption of fixed capital	2,413.879	2,274.356	2,274.356
	line 19	Net value added	13,188.141	12,574.841	12,574.841
	line 20	Compensation of employees	8,837.921	8,451.105	8,451.105
	line 21	Wages and salaries	7,471.878	7,152.832	7,152.832
	line 22	Supplements to wages and salaries	1,366.043	1,298.274	1,298.274
	line 23	Taxes on production and imports less subsidies	1,317.153	1,165.975	1,165.975
	line 24	Net operating surplus	3,033.067	2,957.761	2,957.761
	line 25	Net interest and miscellaneous payments	201.022	199.330	199.330
	line 26	Business current transfer payments (net)	98.264	111.445	111.445
	line 27	Corporate profits with IVA and CCAdj	2,733.781	2,646.986	2,646.986
	line 28	Taxes on corporate income	536.966	540.201	540.201
	line 29	Profits after tax with IVA and CCAdj	2,196.815	2,106.785	2,106.785
	line 30	Net dividends	1,401.020	1,539.583	1,539.583
	line 31	Undistributed profits with IVA and CCAdj	795.795	567.202	567.202
		Addenda:
		Corporate business:
	line 32	Profits before tax (without IVA and CCAdj)	3,687.399	3,721.570	3,721.570
	line 33	Profits after tax (without IVA and CCAdj)	2,992.228	3,041.229	3,041.229
	line 34	Undistributed profits after tax (without IVA and CCAdj)	1,285.375	1,161.225	1,161.225
	line 35	Inventory valuation adjustment	-56.794	-8.915	-8.915
	line 36	Capital consumption adjustment	-79.721	-368.494	-368.494
		Nonfinancial corporate business:
	line 37	Profits before tax (without IVA and CCAdj)	2,784.220	2,920.184	2,920.184
	line 38	Profits after tax (without IVA and CCAdj)	2,247.254	2,379.983	2,379.983
	line 39	Inventory valuation adjustment	-56.794	-8.915	-8.915
	line 40	Capital consumption adjustment	6.355	-264.284	-264.284
		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