Table 11.—Revisions to Corporate Profits with Inventory Valuation and Capital Consumption Adjustments

[Billions of dollars]

1959 1982 1987 1992 1996 1997 1998
Total revision0.817.912.123.93.520.021.5
Definitional.311.920.434.146.051.258.6
Software01.94.411.218.520.524.8
Private noninsured pension plans.39.516.022.927.530.733.8
Other0.500000
Statistical.56.0–8.3–10.2–42.5–31.2–37.1
Source of revision by industry
Domestic industries.812.65.720.1–1.010.917.0
Financial.49.217.037.738.442.340.7
Nonfinancial.53.3–11.4–17.6–39.4–31.4–23.7
Rest of the world05.36.43.84.59.14.3
Receipts from the rest of the world05.57.06.96.110.22.6
Less: Payments to the rest of the world0.2.63.11.71.2–1.7
Source of revision by component
Profits before tax.318.821.045.246.161.564.1
Profits tax liability000.1–2.5–7.8.1
Profits after tax.318.821.045.048.669.364.0
Dividends–.19.516.237.635.858.669.4
Definitional–.29.516.022.927.530.733.8
Private noninsured pension plans.39.516.022.927.530.733.8
Other–.5000000
Statistical.10.214.78.327.935.6
Undistributed profits.59.34.87.412.710.7–5.4
Definitional.53.95.99.514.218.121.6
Software04.15.99.514.218.121.6
Other.5–.200000
Statistical05.4–1.1–2.1–1.5–7.4–27.0
Inventory valuation adjustment02.44.54.74.3.56.4
Definitional0000000
Statistical02.44.54.74.3.56.4
Capital consumption adjustment.5–3.3–13.3–26.0–47.0–42.0–49.0
Definitional0–1.5–1.51.74.32.43.2
Software0–2.2–1.51.74.32.43.2
Other0.700000
Statistical.5–1.8–11.8–27.7–51.3–44.4–52.2