DIF Balance Sheet - Fourth Quarter 2024
Fund Financial Results ($ in millions)| Balance Sheet |
|---|
| | Dec-24 | Sep-24 | Quarterly Change | Dec-23 | Year-Over-Year Change |
|---|
| Cash and cash equivalents | $48,250 | $68,976 | ($20,726) | $4,873 | $43,377 |
|---|
| Investment in U.S. Treasury securities | 49,661 | 19,840 | 29,821 | 18,929 | 30,732 |
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| Assessments receivable | 3,281 | 3,308 | (27) | 3,236 | 45 |
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| Special Assessments receivable | 12,803 | 14,722 | (1,899) | 20,423 | (7,600) |
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| Interest receivable on investments and other assets, net | 328 | 156 | 172 | 146 | 182 |
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| Receivables from resolutions, net | 32,281 | 37,297 | (5,016) | 97,778 | (65,497) |
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| Property and equipment | 303 | 311 | (8) | 319 | (16) |
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| Operating lease right-of-use assets | 80 | 88 | (8) | 81 | (1) |
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| Total Assets | $147,007 | $144,698 | $2,309 | $145,785 | $1,222 |
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| Accounts payable and other liabilities | 542 | 474 | 68 | 410 | 132 |
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| Operating lease liabilities | 101 | 109 | (8) | 102 | (1) |
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| Liabilities due to resolutions | 8,874 | 10,583 | (1,709) | 22,513 | (13,639) |
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| Postretirement benefit liability | 263 | 256 | 7 | 256 | 7 |
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| Contingent liability for anticipated failures | 126 | 165 | (39) | 726 | (600) |
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| Contingent liability for litigation losses | 0 | 0 | 0 | 0 | 0 |
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| Total Liabilities | $9,906 | $11,587 | ($1,681) | $24,007 | ($14,101) |
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| FYI: Unrealized gain (loss) on U.S. Treasury securities, net | 34 | 31 | 3 | (29) | 63 |
|---|
| FYI: Unrealized postretirement benefit (loss) gain | 10 | 10 | (0) | 10 | 0 |
|---|
| Fund Balance | $137,101 | $133,111 | $3,990 | $121,778 | $15,323 |
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During 2024, the total estimated losses for the three large regional bank failures in 2023 had a net decrease of $2.1 billion to $38.2 billion, as of December 31, 2024.
Changes in the DIF Portfolio Composition
(dollars in billions)| | Q1 | Q2 | Q3 | Q4 |
|---|
| Provision for losses | $1.2 | $0.3 | $0.3 | $0.2 |
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