Table 4.—Revisions to the International Investment Position of the United States at Yearend, 1997

[Millions of dollars]

Line Type of investment Previously published Revised Revision
Net international investment position of the United States:
1With direct investment positions at current cost (line 3 less line 24)-1,223,568-968,208255,360
2With direct investment positions at market value (line 4 less line 25)-1,322,455-1,066,262256,193
U.S.-owned assets abroad:
3With direct investment at current cost (lines 5+10+15)4,237,3114,508,626271,315
4With direct investment at market value (lines 5+10+16)5,007,1195,288,892281,773
5U.S. official reserve assets134,836134,8360
6Gold75,92975,9290
7Special drawing rights10,02710,0270
8Reserve position in the International Monetary Fund18,07118,0710
9Foreign currencies30,80930,8090
10U.S. Government assets, other than official reserve assets81,48381,960477
11U.S. credits and other long-term assets79,57379,60734
12Repayable in dollars78,94279,273331
13Other631334-297
14U.S. foreign currency holdings and U.S. short-term assets1,9102,353443
U.S. private assets:
15With direct investment at current cost (lines 17+19+22+23)4,020,9924,291,830270,838
16With direct investment at market value (lines 18+19+22+23)4,790,8005,072,096281,296
Direct investment abroad:
17At current cost1,023,8721,004,228-19,644
18At market value1,793,6801,784,494-9,186
19Foreign securities1,446,3011,739,400293,099
20Bonds445,049538,40093,351
21Corporate stocks1,001,2521,201,000199,748
22U.S. claims on unaffiliated foreigners reported by U.S. nonbanking concerns562,396562,3960
23U.S. claims reported by U.S. banks, not included elsewhere988,423985,806-2,617
Foreign-owned assets in the United States:
24With direct investment at current cost (lines 26+33)5,460,8795,476,83415,955
25With direct investment at market value (lines 26+34)6,329,5746,355,15425,580
26Foreign official assets in the United States833,901835,7091,808
27U.S. Government securities614,390614,530140
28U.S. Treasury securities589,850589,792-58
29Other24,54024,738198
30Other U.S. Government liabilities20,57721,459882
31U.S. liabilities reported by U.S. banks, not included elsewhere135,026135,384358
32Other foreign official assets63,90864,336428
Other foreign assets in the United States:
33With direct investment at current cost (lines 35+37+38+39+42+43)4,626,9784,641,12514,147
34With direct investment at market value (lines 36+37+38+39+42+43)5,495,6735,519,44523,772
Direct investment in the United States:
35At current cost751,845764,04512,200
36At market value1,620,5401,642,36521,825
37U.S. Treasury securities661,961662,228267
38U.S. currency211,625211,6283
39U.S. securities other than U.S. Treasury securities1,577,9841,578,694710
40Corporate and other bonds718,076715,196-2,880
41Corporate stocks859,908863,4983,590
42U.S. liabilities to unaffiliated foreigners reported by U.S. nonbanking concerns453,555453,5550
43U.S. liabilities reported by U.S. banks, not included elsewhere970,008970,975967