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	17,058.960	16,058.624	16,058.624
	line 2	Consumption of fixed capital	2,595.027	2,454.634	2,454.634
	line 3	Net value added	14,463.934	13,603.990	13,603.990
	line 4	Compensation of employees	9,475.512	8,966.216	8,966.216
	line 5	Wages and salaries	8,015.957	7,595.074	7,595.074
	line 6	Supplements to wages and salaries	1,459.556	1,371.142	1,371.142
	line 7	Taxes on production and imports less subsidies	1,257.402	1,204.680	1,204.680
	line 8	Net operating surplus	3,731.019	3,433.094	3,433.094
	line 9	Net interest and miscellaneous payments	128.777	169.445	169.445
	line 10	Business current transfer payments (net)	258.088	206.676	206.676
	line 11	Corporate profits with IVA and CCAdj	3,344.154	3,056.973	3,056.973
	line 12	Taxes on corporate income	673.101	624.674	624.674
	line 13	Profits after tax with IVA and CCAdj	2,671.053	2,432.298	2,432.298
	line 14	Net dividends	1,620.044	1,608.800	1,608.800
	line 15	Undistributed profits with IVA and CCAdj	1,051.009	823.498	823.498
	line 16	Gross value added of financial corporate business	2,097.799	1,895.645	1,895.645
	line 17	Gross value added of nonfinancial corporate business	14,961.162	14,162.979	14,162.979
	line 18	Consumption of fixed capital	2,285.465	2,161.654	2,161.654
	line 19	Net value added	12,675.696	12,001.325	12,001.325
	line 20	Compensation of employees	8,484.583	8,018.585	8,018.585
	line 21	Wages and salaries	7,177.093	6,791.636	6,791.636
	line 22	Supplements to wages and salaries	1,307.490	1,226.949	1,226.949
	line 23	Taxes on production and imports less subsidies	1,172.635	1,124.676	1,124.676
	line 24	Net operating surplus	3,018.478	2,858.064	2,858.064
	line 25	Net interest and miscellaneous payments	171.100	206.956	206.956
	line 26	Business current transfer payments (net)	157.773	116.720	116.720
	line 27	Corporate profits with IVA and CCAdj	2,689.605	2,534.388	2,534.388
	line 28	Taxes on corporate income	547.294	498.415	498.415
	line 29	Profits after tax with IVA and CCAdj	2,142.310	2,035.972	2,035.972
	line 30	Net dividends	1,371.307	1,341.692	1,341.692
	line 31	Undistributed profits with IVA and CCAdj	771.003	694.280	694.280
		Addenda:
		Corporate business:
	line 32	Profits before tax (without IVA and CCAdj)	3,630.040	3,203.924	3,203.924
	line 33	Profits after tax (without IVA and CCAdj)	2,956.939	2,579.250	2,579.250
	line 34	Undistributed profits after tax (without IVA and CCAdj)	1,336.895	970.450	970.450
	line 35	Inventory valuation adjustment	-15.601	29.818	29.818
	line 36	Capital consumption adjustment	-270.285	-176.769	-176.769
		Nonfinancial corporate business:
	line 37	Profits before tax (without IVA and CCAdj)	2,874.746	2,589.067	2,589.067
	line 38	Profits after tax (without IVA and CCAdj)	2,327.452	2,090.652	2,090.652
	line 39	Inventory valuation adjustment	-15.601	29.818	29.818
	line 40	Capital consumption adjustment	-169.540	-84.497	-84.497
		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