## Figure 1.8. United States: Corporate Internal Funds and External Sources of Finance

## Source details

**Canonical URL:** [Figure 1.8. United States: Corporate Internal Funds and External Sources of Finance](https://www.imf.org/-/media/files/publications/gfsr/2017/april/chapter-1/figure1-8d-v2.csv)

## Other formats

- [Markdown version](/-/media/files/publications/gfsr/2017/april/chapter-1/figure1-8d-v2.csv.md)
- [Structured JSON version](/-/media/files/publications/gfsr/2017/april/chapter-1/figure1-8d-v2.csv.json)

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### 1. Corporate Cash Holdings on Balance Sheet
- Cash (trillions of U.S. dollars) and Cash (percent of assets) sample observations:
  - 3/31/1980: Cash = 0.13; Cash (percent of assets) = 2.65
  - 6/30/1980: Cash = 0.13; Cash (percent of assets) = 2.57
  - 9/30/1980: Cash = 0.13; Cash (percent of assets) = 2.52
  - 3/31/2017: Cash = 0; Cash (percent of assets) = (blank)

### 2. Corporate Profits
- Corporate profit share of GDP sample observations:
  - 3/31/1960: Corporate profit share of GDP = 10.79
  - 6/30/1960: Corporate profit share of GDP = 10.1
  - 9/30/1960: Corporate profit share of GDP = 9.85

### 3. Corporate Liabilities and Net Equity Issuance
- Increase in debt and other liabilities and Negative net equity issuance (gross issuance minus share buybacks):
  - 1980: Increase in debt and other liabilities = 5.84; Negative net equity issuance = 0.11
  - 1980 (alternate row): Increase in debt and other liabilities = 1.97; Negative net equity issuance = 0.07
  - 1980 (alternate row): Increase in debt and other liabilities = 5.42; Negative net equity issuance = 0.19

### 4. Corporate Sector Gross Equity Issuance (by industry, Billions of U.S. dollars, unless otherwise stated)
- Sample industry values (column labeled with industries):
  - Energy = 6.19
  - Real estate = 2.54
  - Information technology = 66.12

- Time-series snapshot (industry columns paired with years 2000–2016 in sample rows):
  - 2000 = 6.19
  - 2001 = 5.08
  - 2002 = 4.59
  - 2003 = 7.83
  - 2004 = 11.82
  - 2005 = 15.13
  - 2006 = 14.28
  - 2007 = 16.98
  - 2008 = 14.32
  - 2009 = 13.63
  - 2010 = 14.84
  - 2011 = 23.32
  - 2012 = 25.45
  - 2013 = 33.64
  - 2014 = 37.24
  - 2015 = 23.48
  - 2016 = 42
  - Alternate series (2000–2016) appearing in a second sample row:
    - 2000 = 6.19
    - 2001 = 5.08
    - 2002 = 4.59
    - 2003 = 7.83
    - 2004 = 11.82
    - 2005 = 15.13
    - 2006 = 14.28
    - 2007 = 16.98
    - 2008 = 14.32
    - 2009 = 13.63
    - 2010 = 14.84
    - 2011 = 23.32
    - 2012 = 25.45
    - 2013 = 33.64
    - 2014 = 37.24
    - 2015 = 23.48
    - 2016 = 42

### 5. Illustrative Impacts of Improving Equity Sentiment
- Column header indicates values are shown as "(Percent deviation from baseline)".
- Business Investment and Nonfinancial Corporate Debt are referenced in the dataset layout; sample markers:
  - Business Investment (column present; sample cells show "Data" and blank entries)
  - Nonfinancial Corporate Debt (column present; sample cell shows "Data" and blank entries)

*Dataset: figure1-8d-v2 (csv worksheet sample rows and columns as provided).*

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_Source: https://www.imf.org/-/media/files/publications/gfsr/2017/april/chapter-1/figure1-8d-v2.csv_