Table 2.—Change in the U.S. Direct Investment Position Abroad by Account

[Millions of dollars]

Line		Historical cost	Current cost	Market value
1	Position, yearend 1992	498,991	668,181	785,903
2	Capital outflows, 1993	58,094	57,870	57,870
3	Equity capital	17,423	17,423	17,423
4	Increases	24,322	24,322	24,322
5	Decreases	6,898	6,898	6,898
6	Intercompany debt	10,882	10,882	10,882
7	U.S. parent receivables (increases +; decreases -)	14,694	14,694	14,694
8	U.S. parent payables (increases -; decreases +)	-3,811	-3,811	-3,811
9	Reinvested earnings	29,789	29,565	29,565
10	Valuation adjustments, 1993	-8,441	-9,888	149,378
11	Translation adjustments	-5,818	-10,344	-18,360
12	Other capital gains and losses	614	n.a.	n.a.
13	Price changes	n.a.	2,855	166,899
14	Other	-3,237	-2,399	839
15	Position, yearend 1993 (line 1 + line 2 + line 10)	548,644	716,163	993,151

n.a. Not applicable.