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

Liabilities Not Covered by Budgetary Resources The Department’s liabilities are classified as liabilities covered by budgetary resources, liabilities not covered by budgetary resources, or liabilities not requiring budgetary resources. Liabilities not covered by budgetary resources result from the receipt of goods and services, or occurrence of eligible events in the current or prior periods, for which revenue or other funds to pay the liabilities have not been made available through appropriations or current earnings of the Department. Liabilities not requiring budgetary resources are for liabilities that have not in the past required and will not in the future require the use of budgetary resources. This includes liabilities for clearing accounts, non-fiduciary deposit funds, custodial collections, and unearned revenue. The liabilities in this category at September 30, 2020 and 2019 are summarized in the Schedule of Liabilities Not Covered by Budgetary Resources (dollars in millions) . Secretary Pompeo meets with U.S. Mining and Oil Companies in Paramaribo, Suriname, September 17, 2020. Department of State NOTE 8: Other Liabilities (continued) Liabilities Not Covered by Budgetary Resources 2020 2019 Intragovernmental Liabilities Unfunded FECA Liability $ 19 $ 19 Total Intragovernmental Liabilities 19 19 International Organizations Liability 2,259 2,318 After-Employment Benefit Liability: Foreign Service Retirement Actuarial Liability 4,977 3,750 Foreign Service Nationals (FSN): Defined Contributions Fund 273 247 Defined Benefit Plans 19 48 Lump Sum Retirement and Voluntary Severance 593 463 Total After-Employment Benefit Liability 5,862 4,508 Accrued Annual Leave 536 418 Environmental Liability 52 54 Capital Lease Liability 49 64 Contingent Liability 61 25 Other Liabilities 222 384 Total Liabilities Not Covered by Budgetary Resources 9,060 7,790 Total Liabilities Covered by Budgetary Resources 23,898 24,537 Total Liabilities Not Requiring Budgetary Resources 84 84 Total Liabilities $ 33,042 $ 32,411 2020 A gency F inanci al R eport U ni ted S tates D epartment of S tate | 85 NOTES TO THE PRINCIPAL FINANCIAL STATEMENTS | FINANCIAL SECTION