U.S. Department of State Fiscal Year 2020 Agency Financial Report

2020 Balance Sheet 2020 Government-wide Reclassified Balance Sheet Financial Statement Line Amounts Dedicated Collections Combined All Other Amounts (with Eliminations) Eliminations Between Dedicated and All Other Amounts Reclassified Financial Statement Line ASSETS ASSETS Intragovernmental Assets Intragovernmental Assets Fund Balance with Treasury $ 59,653 $ 2,242 $ 57,411 $ 59,653 Fund Balance with Treasury Investments, Net 20,071 46 20,025 20,071 Federal Investments Interest Receivable 120 120 120 Interest Receivable – Investments Accounts Receivable, Net 110 107 107 Accounts Receivable 5 (2) 3 Benefit Program Contributions Receivable Other Assets 1,847 94 1,839 (86) 1,847 Advances to Others and Prepayments Total Intragovernmental Assets 81,801 2,382 79,507 (88) 81,801 Total Intragovernmental Assets Cash and Other Monetary Assets 241 241 241 Cash and Other Monetary Assets Accounts and Loans Receivable, Net 125 1 118 119 Accounts and Taxes Receivable, Net 6 6 Loans Receivable, Net Property and Equipment, Net 26,305 116 26,189 26,305 Property, Plant, and Equipment, Net 21 21 Inventory and Related Property, Net Other Assets 1,266 7 1,238 1,245 Other Assets Total Non-Federal Assets 27,937 124 27,813 27,937 Total Non-Federal Assets Total Assets $ 109,738 $ 2,506 $ 107,320 $ (88) $ 109,738 Total Assets LIABILITIES LIABILITIES Intragovernmental Liabilities Intragovernmental Liabilities Accounts Payable $ 151 $ 49 $ 102 $ 151 Accounts Payable Other Liabilities 361 5 5 Loans Payable 21 21 Liability to General Fund for Custodial and Other Non-Entity Assets 7 372 (86) 293 Advances from Others and Deferred Credits 19 25 (2) 42 Benefit Program Contributions Payable Total Intragovernmental Liabilities 512 75 525 (88) 512 Total Intragovernmental Liabilities Accounts Payable 2,427 128 2,556 2,684 Accounts Payable After-Employment Benefit Liability 25,899 76 26,614 26,690 Federal Employee and Veteran Benefits Payable 52 52 Environmental and Disposal Liabilities International Organizations Liability 2,518 Other Liabilities 1,686 27 3,077 3,104 Other Liabilities Total Non-Federal Liabilities 32,530 231 32,299 32,530 Total Non-Federal Liabilities Total Liabilities $ 33,042 $ 306 $ 32,824 $ (88) $ 33,042 Total Liabilities (continued on next page) 20 R eclassification of B alance S heet , S tatement of N et C ost , and S tatement of C hanges in N et P osition To prepare the Financial Report of the U.S. Government (FR), the Department of the Treasury requires agencies to submit an adjusted trial balance, which is a listing of amounts by U.S. Standard General Ledger account that appear in the financial statements. Treasury uses the trial balance information reported in the Government-wide Treasury Account Symbol Adjusted Trial Balance System (GTAS) to develop a Reclassified Balance Sheet, Reclassified Statement of Net Cost, and a Reclassified Statement of Changes in Net Position for each agency, which are accessed using GTAS. Treasury eliminates all intragovernmental balances from the reclassified statements and aggregates lines with the same title to develop the FR statements. This note shows the Department of State’s financial statements and the U.S. Government-wide reclassified statements prior to elimination of intragovernmental balances and prior to aggregation of repeated FR line items. 106 | U ni ted S tates D epartment of S tate 2020 A gency F inanci al R eport FINANCIAL SECTION | NOTES TO THE PRINCIPAL FINANCIAL STATEMENTS