U.S. Department of State Fiscal Year 2019 Agency Financial Report

CONSOLIDATED STATEMENT OF NET COST (NOTE 14) (dollars in millions) For the Year Ended September 30, 2019 2018 Peace and Security Total Cost $ 2,203 $ 2,190 Earned Revenue (61) (57) Net Program Costs 2,142 2,133 Democracy, Human Rights, and Governance Total Cost 572 560 Earned Revenue (7) (8) Net Program Costs 565 552 Health, Education, and Social Services Total Cost 8,709 8,871 Earned Revenue (1) — Net Program Costs 8,708 8,871 Humanitarian, Economic Development, and Environment Total Cost 3,390 3,166 Earned Revenue — — Net Program Costs 3,390 3,166 International Organizations and Commissions Total Cost 3,652 3,042 Earned Revenue (9) (11) Net Program Costs 3,643 3,031 Diplomatic and Consular Programs Total Cost 15,222 14,463 Earned Revenue (6,728) (6,608) Net Program Costs 8,494 7,855 Administration of Foreign Affairs Total Cost 3,991 3,510 Earned Revenue (1,943) (1,926) Net Program Costs Before Assumption Changes 2,048 1,584 Actuarial Loss on Pension Assumption Changes (Notes 1 and 9) 719 1,547 Net Program Costs 2,767 3,131 Total Cost and Loss on Assumption Changes 38,458 37,349 Total Revenue (8,749) (8,610) Total Net Cost $ 29,709 $ 28,739 The accompanying notes are an integral part of this financial statement. PRINCIPAL FINANCIAL STATEMENTS | FINANCIAL SECTION 2019 A gency F inancial R eport U nited S tates D epartment of S tate | 65