Corporate foreign tax credit, 1998

Corporate foreign tax credit, 1998

Rob Singmaster

For 1998, U.S. corporations claimed foreign tax credits totaling $37.3 billion (after limitations). The 5,927 companies claiming these credits earned $147.1 billion in foreign-source “taxable income” and paid $47.6 billion in income taxes to foreign governments. Under the foreign tax credit provisions of the Internal Revenue Code, these corporations were able to lower their U.S. income tax liability from $132.7 billion (U.S. income tax before credits) to 95.4 billion, a 28.1-percent reduction. Other credits, including the U.S. possessions tax credit and the general business tax credit, further reduced their US tax liability to $88.7 billion. The $37.3-billion foreign tax credit for 1998 represents a $4.9-billion decrease from 1997.

U.S. corporations claiming a foreign tax credit reported worldwide taxable income (comprised of both U.S. and foreign-source income)totaling $377.1 billion, 39 percent of which was from foreign sources. The United Kingdom, Canada, Germany, Japan, and the Netherlands were the top five leading sources of foreign income for U.S. corporations that claimed a foreign tax credit. These countries, with $64.6 billion, accounted for 43.9 percent of the year’s foreign-source income. The United Kingdom, with $22.2 billion, was the largest source, followed by Canada, with $13.4 billion.

Background

Starting with 1913, the first year of the modern U.S. income tax, U.S. taxpayers have been subject to taxation of their worldwide incomes. U.S. corporations with international operations or investments may also be taxed on their foreign-source incomes in the country in which the income is earned. This results in double taxation, whereby income earned overseas is taxed first by a foreign government and then again by the United States. To help alleviate this double taxation, the United States adopted foreign tax credit provisions starting with the Revenue Act of 1918. The foreign tax credit allows U.S. corporations to offset the U.S. tax on their foreign-source “taxable income” with a credit for the foreign taxes that were already paid.

Since their inception, the foreign tax credit’s provisions have been modified numerous times. The original foreign tax credit introduced for 1918 allowed taxpayers an unlimited credit against U.S. income taxes for any taxes paid to or accrued in a foreign country or U.S. possession. Therefore, in cases where the foreign tax rate was higher than the tax rate in the United States, part of the U.S. tax on domestic earned income was offset by the credit for taxes paid to a foreign jurisdiction. This resulted in an unintended loss of tax revenue on domestic income and led to the development of a foreign tax credit limitation.

The Revenue Act of 1921 helped to alleviate this problem by introducing an “overall limitation” which restricted the foreign tax credit to the lesser of: 1) the U.S. income tax multiplied by the ratio of foreign-source taxable income to worldwide taxable income, or 2) the actual foreign taxes paid. The limitation effectively placed a ceiling, equivalent to the U.S. tax on foreign-source income, on the amount of taxes that a corporation could credit.

The overall limitation restricted the aggregate tax credit, but corporations were still free to arrange their overseas business activities so as to maximize their credits. Specifically, corporations with operations or investments in foreign jurisdictions whose tax rate was higher than the U.S. tax rate could offset what would otherwise be excess credits by investing in low tax jurisdictions. In this way, corporations were blending credits from high- and low-taxed countries to maximize their overall credit amounts. To prevent this, Congress enacted a “per-country” limitation, which required taxpayers to calculate a foreign tax credit limitation on a country-by-country basis. The per-country limitation was used in various forms from 1932 through 1976.

Prior to 1962, corporations were allowed to combine all types of foreign-source income when computing their foreign tax credit limitations. However, with the passage of the Revenue Act of 1962, corporations were required to compute a separate limitation for non-business related interest income. The intent was to prevent corporations with foreign-source income from business operations that were taxed at rates higher than the U.S. rate, from making interest*bearing investments abroad to generate additional foreign income that was subject to little or no foreign tax. This additional lower-taxed, foreign interest income, combined with the higher-taxed, other foreign income, enabled corporations to increase the foreign tax credit limitation. By separating low-taxed non-business income from higher-taxed business income, U.S. corporations were limited in their ability to arrange foreign investments at the expense of U.S. taxation.

Since 1962, the number of separate income categories has increased, especially as a result of the Tax Reform Act of 1986. The current structure of statutory categories for foreign source income requires separate treatment for different types of income and for income from different industrial activities.

For 1998, taxpayers were required to compute a separate foreign tax credit limitation for each of the following income categories or “baskets” (these statutory categories are defined in the Explanation of Selected Terms section):

* Passive income,

* High withholding tax interest,

* Financial services income,

* Shipping income,

* Income re-sourced by treaty,

* Dividends from each “noncontrolled” foreign corporation as defined in Internal Revenue Code section 902,

* Dividends from an Interest-Charge Domestic International Sales Corporation (IC-DISC) or former DISC,

* Certain distributions from a Foreign Sales Corporation (FSC) or Former FSC [1],

* Taxable income attributable to foreign trade income,

* Income from sanctioned countries, per Internal Revenue Code section 901(j) [2], and

* All other income from outside the United States (commonly referred to as general limitation or overall “basket” income).

Rules regarding excess or unused credits have varied over time. While different regulations were used prior to 1958, the Technical Amendments Act of 1958 introduced the carryover and carryback of “unused” foreign taxes. The act specified that any taxes that exceeded the current-year limitation (and that could, therefore, not be used) could be carried back 2 years to be retroactively applied (necessitating an amended return or possibly a claim for a refund) or carried forward 5 years, subject to the current-year foreign tax credit limitation for each year. As a result of this act, the total foreign taxes for each separate limitation category for any given year include current-year foreign taxes plus taxes carried forward from previous years. (The foreign taxes available for the credit shown in this article include only current-year taxes and those carried forward to 1998 from previous years; no taxes carried back to 1998 are included in the statistics. Amended returns are not included in the data as they were (or will be) filed after the data were collected.)

Foreign Tax Credit

To claim a foreign tax credit, a U.S. corporation must have foreign-source income, pay foreign income tax on that income, and have a U.S. income tax liability. The foreign tax credit is elective; if the taxpayer elects to take the credit, then no deduction for those foreign taxes is available. Most taxpayers elect to take the credit, since it offsets the U.S. income tax dollar for dollar, rather than a deduction, which may only offset every dollar of U.S. tax by the percentage of the tax rate.

Between 1993 and 1998, the number of U.S. corporations electing to credit foreign taxes varied from year to year, with 1998 showing the lowest number (Figure A). For 1998, there were 5,927 corporations that chose to credit their taxes, down from 6,569 the previous year [3]. However, since 1991, the foreign tax credit rose, despite the reduction in the number of corporations that claimed it. Tax Year 1998 was the first year since 1991 when the foreign tax credit, along with worldwide taxable income, U.S. income tax before credits, and foreign-source taxable income all fell. While the number of returns with a foreign tax credit dropped 9.8 percent between 1997 and 1998, worldwide taxable income fell by 8 percent. Additionally, the U.S. income tax before credits fell 8.3 percent, from $144.8 billion for 1997 to $132.7 billion for 1998, and foreign-source taxable income fell 6.9 percent, from $158 billion for 1997 to $147.1 billion for 1998. During this same time period, current-year foreign taxes actually rose, by 5.5 percent, from $45.1 billion to $47.6 billion, but the amount of foreign tax credit claimed fell 11.6 percent. However, the decreases for 1998 are compared to 1997 numbers, which represented record highs. Overall, the 1998 decreases were more in line with 1996. Worldwide income, while 8 percent less than for 1997, was still 2 percent more than for 1996, and U.S. income tax before credits was 1.5 percent more than for 1996. Foreign-source taxable income for 1998 was 2.5 percent less than 1996, while the 1998 foreign tax credit was 7.2 percent less than for 1996.

Separate Limitation Categories, Tax Year 1998

As a result of the Revenue Act of 1962 and the Tax Reform Act of 1986, U.S. corporations are required to compute a separate foreign tax credit limitation for each apportioned statutory income category or “basket.” Of the $147.1 billion of foreign-source taxable income reported, income classified in the general limitation basket accounted for the largest amount, with $108.7 billion, or about 74 percent of the total (Figure B). Not surprisingly, $38.8 billion, or around 82 percent, of the total current-year foreign taxes were paid on this income.

Financial services income was the second largest income basket and accounted for 19.1 percent of foreign-sourced taxable income. Around $6 billion, or 13 percent, of the current-year foreign taxes were paid on this income.

Current-year foreign taxes as a percentage of foreign-source taxable income vary according to the income category [4]. At 35.7 percent, general limitation income generated the largest percentage of current-year foreign taxes. Overall, current-year taxes as a percentage of foreign-source taxable income was 32.3 percent. However, shipping income and passive income, two of the statutory groups designed to isolate lower-tax income, were significantly less, 16.2 and 12.1 percent, respectively.

Geographic Focus

Continuing a multiyear trend, U.S. corporations with business holdings in European countries were responsible for a significant amount of foreign-source gross and taxable income (Figure C, D, and Table 3) for 1998. Europe reported a total of $66.2 billion (45.0 percent) in taxable income, of which the European Union (EU) accounted for $60.6 billion. The next two largest regions combined, Asia and Latin America, accounted for $38.7 billion, equal to 63.9 percent of the European Union’s foreign-source taxable income total.

[FIGURE D OMITTED]

As with previous years, the data indicate that a small number of countries accounted for a large portion of the foreign-source taxable income reported by U.S. corporations (Figure C). The United Kingdom, Germany, the Netherlands, Japan, and Canada accounted for $64.7 billion, or 43.9 percent. The United Kingdom, alone, accounted for almost as much foreign-source taxable income ($22.2 billion, or 15.1 percent) as the entire Asian continent ($23.4 billion, or 15.9 percent).

Foreign tax paid or accrued and taxes “deemed paid” (see Explanation of Selected Terms, under Gross-up) figures, the two parts of total foreign taxes, are presented by region in Figure E. Countries in the European Union were the largest recipients of foreign taxes paid, accrued, or deemed paid by U.S. corporations, reporting a combined $18.5 billion, or 45.5 percent. The vast majority of these taxes were those deemed paid (79.5 percent). Asia, the next largest recipient of foreign taxes, accounted for an amount equal to about two-fifths of the European Union total, with $7.7 billion, though their taxes paid or accrued were roughly equivalent to those of the European Union. As with foreign-source taxable income, the United Kingdom, Germany, the Netherlands, Japan, and Canada led all other countries in terms of foreign tax paid, accrued, or deemed paid. These countries accounted for a combined $20.8 billion, or 51.1 percent, of the total foreign tax figure. As with foreign-source taxable income, the United Kingdom accounted for more of the combined taxes than any other country, with $6.1 billion, or 15.0 percent, of the total.

[FIGURE E OMITTED]

Oil and Gas Extraction Income

Oil and gas extraction income, deductions, and taxes are reported separately from other types of foreign-source income by U.S. corporations claiming a foreign tax credit related to that income [5]. Internal Revenue Code section 907 outlines the separate rules pertaining to oil and gas extraction income and how they affect the foreign taxes a corporation can credit. These rules prohibit certain foreign taxes from being credited and call for another limitation calculation specific to foreign oil and gas extraction income (FOGEI). Foreign taxes are excluded from the calculation if they were paid, accrued, or deemed paid at a rate in excess of the applicable U.S. tax rate. The law allows that only foreign income taxes, as viewed through U.S. tax principles, are creditable. Credits can be denied for foreign levies that are found to, in effect, constitute royalty payments to a foreign government. Also excluded are voluntary payments in lieu of taxes, and payments for specific rights (such as the right to extract a natural resource) or services.

Figure F shows foreign oil and gas extraction income (FOGEI) by both selected industry groups and selected countries for 1998. A significant portion (86.9 percent) of FOGEI was reported by U.S. corporations classified as refiners of petroleum (including integrated) and coal products manufacturing. For 1998, the oil and gas extraction industry group accounted for only 2.4 percent of the total oil and gas extraction-related gross income reported. Figure F lists the countries generating the greatest amounts of gross income associated with foreign oil and gas extraction. For the fifth straight year, U.S. corporations reported the United Kingdom as the largest source of FOGEI. Norway and Indonesia were responsible for the next highest gross income figures, each representing approximately 6 percent and 4 percent of total FOGEI, respectively. Eight countries, the United Kingdom, Norway, Indonesia, Australia, the Netherlands, Canada, Trinidad and Tobago, and Egypt accounted for a combined 58.9 percent of all gross income from foreign oil and gas extraction activities.

Industrial Groupings Under the North American Industry Classification System

The North American Industry Classification System (NAICS) was created under the auspices of the governments of the United States, Mexico, and Canada in response to the North American Free Trade Agreement (NAFTA). It was created in order to standardize business categories, as well as to better describe the types of businesses in each nation’s economy [6]. NAICS organizes economic units by similar production processes (a production-oriented system), while the formerly used Standard Industrial Classification (SIC) organized economic units by their end products (a product-oriented system). One of the most notable differences between the NAICS and SIC systems is that NAICS puts a greater emphasis on separately identifying service industries. This new feature was added in response to the growing importance to the U.S. economy of technology-based services versus manufacturing.

Tax Year 1998 was the first year that U.S. corporations used NAICS on tax returns to classify their primary business activities. Consequently, this was the first year that Statistics of Income (SOI) began classifying data according to NAICS. Data compiled using the NAICS system are shown in Figure G and in Tables 1 a, 2, and 3. The data based on the previously used SIC system are also presented in Figure G and in Table lb. Data at the SIC division and major group levels were based on the conversion of Tax Year 1998 data from NAICS-based industry codes to SIC-based codes and, therefore, will not coincide with the industry totals in Table 1a.

The NAICS system as adapted for Statistics of Income consists of nine so called “divisions,” comprising aggregates of NAICS sector data: raw materials and energy production; goods production; distribution and transportation of goods; information; finance, insurance, real estate, and rental and leasing; professional and business services; education, health, and social assistance; leisure, accommodation, and food services; and other services. These divisions were created as an aggregated structure for use by statistical agencies in the United States in order to allow comparability of statistics across agencies and are employed for the purposes of this article. The aggregation of NAICS sectors into divisions can be seen in Figure G and Table 1a. Figure G shows the number of corporation income tax returns claiming a foreign tax credit and total foreign tax credit claimed for both the NAICS-based industry groupings and the SIC-based industry groupings, according to the NAICS-based equivalents.

Industry Composition

Even with changes in industrial classification, manufacturing corporations in 1998 continued to account for the majority of foreign-source taxable income, current-year taxes, and foreign tax credits. U.S. manufacturers were responsible for $91.6 billion, or 62.3 percent, of the foreign-source taxable income and $38.1 billion, or 80 percent, of the current-year foreign taxes. As a result, U.S. manufacturers were able to claim $26.7 billion, or 71.6 percent, of the total foreign tax credits. Within manufacturing, the most significant of the specific industry sectors in terms of foreign-source taxable income, current-year foreign taxes, and foreign tax credit claimed was computer and electronic products, a new sector created under the NAICS system. This is a change from previous years when petroleum and coal products manufacturing accounted for the majority of these amounts, and technology-related services and manufacturing were distributed among several industry groups. While the manufacture of petroleum and coal products continued to make up 11.4 percent of the total foreign tax credit claimed for 1998, computer and electronic products manufacturing contributed 14.8 percent.

The other significant change in industry composition also resulted from the new NAICS classifications. For 1997, using the SIC classification system, finance, insurance, and real estate corporations accounted for the second largest source of total foreign-source taxable income and foreign taxes, while services were a smaller proportion. However, under the NAICS classification system, income and taxes related to bank holding companies were classified for Statistics of Income under the services division as the subsector “management of companies (holding companies).” As a result, the service division now represented a much larger proportion of total foreign-source taxable income and current-year foreign taxes for 1998 than for 1997. For 1998, the service division accounted for around 10 percent of total foreign-source taxable income, foreign taxes, and foreign tax credits. For 1997, it accounted for only around 5 percent. Finance, insurance, and real estate, which accounted for 14.5 percent of foreign-source taxable income and 15.8 percent of the total foreign tax credit in 1997 under SIC, accounted for only 7 percent and 8.2 percent in 1998 under NAICS, respectively. This decrease occurred despite the addition of rental and leasing to this division under NAICS.

Summary

U.S. corporations claimed a total foreign tax credit of $37.3 billion for 1998, an 11.6-percent decrease from the previous year. This was caused by a decrease in foreign-source income and related foreign taxes paid, accrued, or deemed paid across most industrial groupings and countries. As in previous years, Europe, especially members of the European Union, was responsible for the most foreign-source taxable income and foreign taxes paid, accrued, or deemed paid. Corporations classified under finance, insurance, real estate, and rental and leasing continue to account for a larger share of the foreign income and foreign tax credit totals, a trend that became evident during the 1990’s.

Tax Year 1998 was the first year U.S. corporations used the North American Industry Classification System (NAICS) to define their principal business activities. This new system will allow a more thorough analysis of the service and technical industries in the coming years. Comparison of 1998 to 1997 data based on the former Standard Industrial Classification (SIC) system allows for analysis of industry-level changes between these 2 tax years.

Data Sources and Limitations

The statistics in this article were derived from corporation income tax returns with a foreign tax credit that were included in the 1998 Statistics of Income sample of returns with accounting periods ending between July 1998 and June 1999. These returns were selected after administrative processing but prior to any amendments or audit examination. The 1998 corporation income tax return sample included approximately 94,000 returns sampled from over 4.8 million returns filed for this period.

The foreign tax credit is claimed under section 901 of the Internal Revenue Code. Corporations report the foreign income and taxes related to the credit on Form 1118, Computation of Foreign Tax Credit–Corporations, filed with their income tax returns. The statistics in this article are based on information reported on Forms 1118 and related corporate returns. Corporations with an “alternative minimum tax” (AMT) liability are required to compute a separate “alternative minimum tax foreign tax credit.” The AMT foreign tax credit data are not reflected in the statistics in this article, even if the corporation reported both the “regular” foreign tax credit and the AMT foreign tax credit. Corporations reporting only the AMT computation had no regular tax and, therefore, were not included in the foreign tax credit statistics.

There are small discrepancies between the more complete foreign tax credit data presented in this article and those published in Statistics of Income–1998, Corporation Income Tax Returns [7]. One reason for this difference is that a few of the returns designated for the Statistics of Income sample were received too late to be included in the regular corporation statistics, but were included in the foreign tax credit statistics presented in this article. Additionally, certain corporations submitted preliminary data on their original returns, since they lacked complete information on their foreign operations at the time of filing. On a case-by-case basis, additional information was requested directly from the taxpayer. Amended returns filed at a later date, including those with carrybacks of foreign taxes to be credited for 1998, were not available for these statistics.

Foreign income and taxes are understated in this article to the extent that they either were not or did not have to be reported on Form 1118. Taking into account carryback provisions, the 1998 foreign tax credit statistics in this article do not represent the final amounts credited that year. A complete foreign tax credit amount would reflect the results of any audits, as well as the carryback of some foreign taxes from 1999 and 2000. Foreign taxes available for credit in this article include only those carried forward to 1998 from previous years. Some corporations also did not file Form 1118 because they did not have a U.S. income tax liability, and were thus unable to credit any foreign taxes paid, accrued, or deemed paid for 1998. Finally, other corporations could have deducted their foreign taxes from their gross incomes versus claiming a foreign tax credit.

Since the estimates are based on a sample, they are subject to sampling error. Coefficients of variation (CV’s) are used to measure the magnitude of this sampling error. The CV is defined in the section on sampling variability in the “SOI Sampling Methodology and Data Limitations” appendix of this publication. Figure H presents CV’s for foreign tax credits by selected NAICS divisions, industrial sectors, and groups. The smaller the CV, the more reliable the estimate is judged to be.

Description of Tables 1-3

Tables 1a and 1b present various industry data using the North American Industry Classification System (NAICS) and the previously used Standard Industrial Classification System (SIC), respectively. Columns 2 through 15 display statistics on assets, receipts, income, and taxes reported on Form 1120, Corporation Income Tax Return, for those corporations claiming a foreign tax credit. Columns 16 through 52 present statistics from Form 1118, Foreign Tax Credit–Corporations. References to tax return schedules indicate the parts of Form 1118 from which the data were obtained. Columns 16 through 36 present statistics on foreign income and deductions, reported primarily on Form 1118, Schedule A, Income or Loss Before Adjustments.

Although the amounts of “oil and gas income” and deductions (columns 23 and 36, respectively) are included in the summary columns (columns 16 through 22 and 26 through 35), these amounts are also shown separately (based on Form 1118, Schedule I, Reduction of Oil and Gas Extraction Taxes) because oil and gas extraction income is subject to special rules under Internal Revenue Code section 907, which effectively requires a separate limitation calculation for taxes related to oil and gas extraction income. This may result in a reduction of foreign taxes available for credit. Reductions in creditable oil and gas extraction income taxes are included with several other types of reductions in column 41 of Tables 1a and 1b and column 27 of Table 2.

Internal Revenue Code section 863(b) income (income partly within and partly without the United States) and foreign branch income are also included in the summary totals reported in columns 16 through 22 of Tables 1a and 1b, and are shown separately (based on Form 1118, Schedule F, Gross Income and Definitely Allocable Deductions From Sources Outside the U.S. Under Section 863(b) and for Foreign Branches) in columns 24 and 25 of Tables 1a and 1b.

Total deductions “not definitely allocable” to specific types of income (column 32) are equal to the sum of Tables 1a, 1b, columns 33 through 35, relating to research and development, interest, and any other not definitely allocable expenses (any differences are due to taxpayer reporting variations). Total foreign-source gross income (Tables 1a and 1b, column 16) less total foreign deductions (Tables 1a and 1b, column 26) equals foreign-source taxable income before adjustments (Tables 1a and 1b, column 37).

Adjustments to foreign-source taxable income (column 38 of Tables 1a and 1b) include the allocation of: (1) current-year foreign-source losses, (2) overall foreign losses, and (3) current-year U.S. source losses, as well as the recapture of prior-year overall foreign losses and recharacterization of prior-year foreign-source losses. These adjustments (reported on Schedule J, Separate Limitation Loss Allocations and Other Adjustments Necessary To Determine Numerators of Limitation Fractions, Year-End Recharacterization Balances, and Overall Foreign Loss Account Balances) affect the numerator of the limitation fraction used to compute the foreign tax credit. The income after adjustments (the numerator of the limitation fraction) is reported in column 39 of Tables 1a and 1b. The limitation fraction, foreign-source taxable income divided

by total taxable income from all sources, is applied to the total U.S. tax against which the credit is allowed to determine any limitation on the foreign tax credit. Taxpayers are required to calculate this limitation for each statutory income category or “basket.”

Statistics on foreign taxes are presented in columns 40 through 52 of Tables 1a and lb. Data on foreign taxes paid, accrued, or deemed paid (through related foreign corporations or their subsidiaries) from Form 1118, Schedule B, Foreign Tax Credit–Corporation, are shown in columns 43 through 52 of Tables 1a and 1b. Total foreign taxes paid or accrued (Tables 1a and 1b, column 44) are the sum of columns 45 through 51 (any differences are due to taxpayer reporting variations). Column 42 in Tables 1a and 1b shows carryovers of excess or “unused” taxes from prior years, which can be added to the 1998 pool of current-year creditable foreign taxes. Total foreign taxes paid, accrued, or deemed paid, plus carryover, are then adjusted for certain items (e.g., reductions of foreign taxes related to oil and gas extraction income under Internal Revenue Code section 907, reductions of foreign taxes related to income earned in sanctioned countries under Internal Revenue Code section 901(j), and other reductions of creditable taxes) in column 41. Thus, total foreign taxes available for credit (Tables 1a and 1b, column 40) are equal to total foreign taxes paid, accrued, or deemed paid (column 43), plus any carryover of prior-year excess or “unused” foreign taxes (column 42), less any reduction in foreign taxes (Column 41).

Tables 2 and 3 present data using NAICS and are similar in column format to Tables 1a and 1b, except that they do not provide data from the corporation income tax returns, themselves. Table 2 presents data by industrial grouping and separate statutory limitation income category or basket, while Table 3 presents data by selected geographic region and country.

Explanation of Selected Terms

Adjustments to taxable income.–This includes several types of adjustments reported on Schedule J of Form 1118, Computation of Foreign Tax Credit –Corporations. These include the allocation of current-year foreign losses, overall foreign losses, and current-year U.S.-source losses. Adjustments due to prior-year loss allocations are also made, including the recapture of foreign-source losses and the recharacterization of foreign-source income. The overall result of these adjustments is shown in column 38 of Tables 1a and 1b and column 24 of Table 2.

Carryover of foreign taxes.–Under Internal Revenue Code section 904, “U.S. persons” are allowed a 2-year carryback and 5-year carryforward of “excess” or “unused” foreign taxes for purposes of computing the “final” foreign tax credit for those years: Such taxes were included in the computation of the current-year foreign tax credit to the extent that they did not exceed the credit limitation for the current year. The 1998 statistics used for this article include only those foreign taxes that have been carried forward from previous years (1993-1997). See column 42 of Tables 1a and 1b and column 28 of Table 2.

Controlled Foreign Corporation.–Under Internal Revenue Code section 957, a foreign corporation is a ‘Controlled Foreign Corporation” if more than 50 percent of its outstanding voting stock, or more than 50 percent of the value of all its outstanding stock, is owned (directly, indirectly, or constructively) by “U.S. shareholders” on any day during the foreign corporation’s tax year. Internal Revenue Code section 951(b) defines a “U.S. shareholder” as a U.S. “person” with 10 percent or more of the total combined voting stock of the foreign corporation. Ownership attribution rules are provided in Internal Revenue Code section 958.

Current-year foreign taxes.–Current-year foreign taxes include foreign taxes paid, accrued, or deemed paid and are shown in column 43 of Tables 1a and 1b, column 29 of Table 2, and column 15 of Table 3. Current-year foreign taxes do not include any carryback or carryforward of foreign taxes from other tax years.

European Union (E. U.).–The European Union (E.U.) is a union of fifteen independent states based on the former European Community and founded to enhance political, economic, and social cooperation. Formerly known as the European Community (EC) or the European Economic Community (EEC), the member states include Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Spain, Sweden, and the United Kingdom.

Financial Services Income.–This separate limitation category or basket applies to income from the specific industry of financial services. Financial services income includes all income (including “passive income”) (see below) that is generated from banking, insurance, financing, or similar activities, and from certain types of insurance investments. Financial services income excludes high withholding tax interest, dividends from non-controlled foreign corporations as defined in Internal Revenue Code section 902, or certain types of export financing interest.

Foreign Oil and Gas Extraction Income (FOGEI).–FOGEI is the gross income produced from the extraction of oil and gas, as well as from the sale of assets used in the extraction of oil and gas, or from related services, working capital, dividend and partnership distributions, and any other oil and gas extraction income. In general, a foreign tax credit, a foreign tax, or deduction is not permitted for foreign taxes paid, accrued, or deemed paid in connection with the purchase or sale of oil or gas extracted in a foreign country if the taxpayer has no economic interest in the oil or gas and if the purchase or sale price differs from the fair market value.

Foreign Sales Corporations (FSC).–A Foreign Sales Corporation was a company incorporated abroad and usually controlled by a U.S. “person.” A portion of the FSC’s “foreign trade income” was exempt from U.S. taxation. Although these statistics do not include FSC returns, FSC dividends received by corporations claiming a foreign tax credit are included. Dividends and interest generated by a FSC comprise a separate limitation category. In July 1999, the World Trade Organization declared FSC provisions to be an illegal export subsidy. Congress repealed the FSC provisions and created the Extraterritorial Income Exclusion Act in November 2000, which allowed U.S. corporations to continue operating FSC’s until December 2001.

Foreign-source taxable income.–Foreign-source taxable income is equal to gross income (less loss) less deductions from sources outside the United States.

Foreign trade income.–Gross receipts from foreign trade earned by a Foreign Sales Corporation (FSC) from: 1) the sale of “export property,” 2) the leasing of export property for use outside the United States, or 3) services in connection with the sale or leasing of export property. The related separate limitation category, taxable income attributable to foreign trade income, is unusual in the 1998 statistics because of the defined scope of the SOI sample (see definition for FSC above).

General limitation income.–This separate limitation category or basket comprises foreign income not included in any other separate limitation category.

Gross-up.–Since a dividend represents a distribution from after-tax earnings, the amount of income that a domestic corporation recognizes on receiving a dividend from a foreign corporation is net of all the foreign income taxes paid by that foreign corporation. U.S. corporations that satisfy ownership and other requirements are permitted to take an “indirect” foreign tax credit for taxes paid with respect to the distribution. Under Internal Revenue Code section 78, these taxes are “deemed paid” by the U.S. corporations under Internal Revenue Code sections 902 and 960(a). Consequently, the dividend income is “grossed-up” by the amount of the taxes deemed paid on the income from which the dividend was paid. This prevents U.S. corporations from crediting the foreign taxes deemed paid and deducting the same taxes in computing foreign-source taxable income.

High withholding tax interest.–This separate limitation category or basket includes interest income subject to a withholding tax greater than or equal to 5 percent. This basket does not include interest received in the financing of certain export activities.

Income re-sourced by treaty.–Selected U.S. income tax treaties contain provisions reclassifying certain income items from being U.S.-source income to foreign-source income. This usually occurs when a tax treaty allows the other country to tax what would otherwise be U.S.-source income. Certain dividends and income from a U.S.-owned foreign corporation can be included in this category. A separate foreign tax credit limitation has to be computed for each amount re-sourced from a treaty country.

Interest-Charge Domestic International Sales Corporation (IC-DISC).–IC-DISC’s were small domestic corporations formed to export U.S. products. An IC-DISC could defer the tax liability on a portion of its income but had to ultimately pay the deferred tax plus interest. Under the DISC provisions, a U.S. manufacturer could set up a DISC (located in the United States) whose income was not taxed at the DISC level. Instead, the corporate shareholder was taxed directly on a portion of the DISC’s income that is deemed distributed. The portion of the income not deemed distributed was not subject to U.S. taxation until it was actually distributed. The foreign trading partners of the United States that are party to the General Agreement on Tariffs and Trade (GATT) maintained the DISC provisions constituted an illegal export trade subsidy because they allowed indefinite deferral of direct taxes on income from exports earned in the United States. Essentially, this pre- 1985 system of tax deferral for export income was replaced by the exemption system of foreign sales corporations (FSC’s), now also repealed. To elect IC-DISC status, at least 95 percent of the corporation’s gross receipts had to be “qualified export receipts,” and at least 95 percent of its assets “qualified export assets.” Distributions from an IC-DISC are a separate limitation category.

Non-controlled section 902 corporation.–A non-controlled foreign corporation is defined by Internal Revenue Code section 902 as a foreign corporation in which a U.S. corporation possesses at least 10 percent of the voting stock and the U.S. shareholders own no more than 50 percent of the stock measured by voting power or value. These foreign corporations are also referred to as “10/50 companies.” Each non-controlled section 902 corporation is treated individually. The dividends from each corporation are placed in separate categories or baskets to avoid the averaging of high-taxed and low-taxed dividends from different non-controlled section 902 corporations.

OPEC Countries.–The members of the Organization of Petroleum Exporting Countries (OPEC) for 1998 were Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela.

Passive Income.–This separate limitation category or basket includes dividends, interest (with the exception noted below), rents, royalties, annuities, net capital gains, and commodity transactions not connected with the active conduct of a trade or business. High-taxed passive income is excluded from this basket and is included, instead, under financial services income. Interest subject to a high withholding tax is categorized in a separate basket. (see high withholding tax interest, above) Furthermore, income that by definition is passive, yet is subject to a foreign tax rate exceeding the highest applicable U.S. rate, is placed in the general limitation basket versus the passive income basket.

Section 901(j) income.–Internal Revenue Code section 901(j) denies credit for taxes paid or accrued to select foreign governments that the United States deems ineligible for the credit. These countries include the following: (1) countries not recognized by the United States, (2) countries with which the United States has severed or does not conduct diplomatic relations, or (3) countries identified by the United States as providing support for terrorism. For 1998, countries subject to these restrictions were Cuba, Iran, Iraq, Libya, North Korea, Sudan, and Syria. Income and deductions from section 901(j) countries are reported on Form 1118, even though these taxes are not creditable. A separate limitation credit is computed for informational purposes and is not included in the foreign tax credit of the corporation.

Shipping income.–This separate limitation category or basket applies to the specific industry, shipping. Shipping income includes the following: (1) all income from the use (or leasing for use) of a vessel or aircraft in foreign commerce, (2) income from services directly related to the use of a vessel or aircraft, (3) gains on the sale or exchange of a vessel or aircraft used in the performance of such services, and (4) income generated from other space and oceanic activities. Income that would be “foreign base company shipping income” for purposes of determining the income received from Controlled Foreign Corporations, under Internal Revenue Code section 954(f), is also classified as shipping income.

Specifically allocable income.–Internal Revenue Code section 863(b) provides special rules for determining taxable income from sources outside the United States with respect to gross income derived partly from within and partly from outside the United States. The income apportioned to sources outside the United States under these special rules is commonly referred to as “Section 863(b) income” and is shown in Tables 1a and 1b, column 25, and Tables 2 and 3, column 11.

Tax deemed paid.–See Gross-up.

U.S. Person.–A U.S. person is any citizen or resident of the United States, domestic partnership, corporation, association, company, or any estate or trust that is not considered “foreign.” See Internal Revenue Code section 7701 for more information on the definition of a U.S. person.

Table 1a.–U.S. Corporation Returns with a Foreign Tax Credit:

Total Assets, Income, Tax, and Credits, and Foreign Income and

Tax Reported on Form 1118, by Selected Industrial Group (by

NAICS Classification)

[All figures are estimates based on samples–money amounts are

in thousands of dollars]

Major and selected minor Number of Total

industrial group returns assets

(1) (2)

All industries 5,927 15,174,244,548

Agriculture, forestry, fishing,

and hunting 81 2,777,716

Mining 101 78,195,566

Metal mining 44 3,951,272

Coal mining 5 * 7,377,219

Oil and gas extraction 9 * 25,498,493

Nonmetallic minerals, except

fuels 44 41,368,583

Utilities 23 243,364,734

Construction 221 12,113,091

General building contractors 95 4,668,120

Heavy construction contractors 32 5,439,365

Special trade contractors 65 1,081,349

Manufacturing 1,510 3,923,042,786

Food manufacturing 53 157,198,108

Beverage and tobacco product

manufacturing 17 281,654,235

Beverage manufactures 14 194,296,090

Tobacco manufactures 3 * 87,358,145

Textile mill and textile

products mills 46 15,042,216

Apparel manufacturing 49 15,121,040

Wood product manufacturing 14 29,901,364

Paper manufacturing 29 61,474,804

Printing and related support

activities 41 5,590,116

Petroleum and coal products

manufacturing 26 524,142,876

Chemical manufacturing 259 630,348,854

Pharmaceutical and medicine

manufacturing 61 229,463,078

Other chemical manufacturing 198 400,885,777

Plastics and rubber products

manufacturing 60 27,127,329

Nonmeticallic mineral product

manufacturing 27 31,893,603

Primary metal manufacturing 39 76,148,350

Fabricated metal product

manufacturing 159 64,360,073

Machinery manufacturing 188 170,779,548

Computer and electronic products 174 323,583,061

Electrical equipment, applicance,

and component 85 542,986,154

Transportation equipment

manufacturing 87 885,748,515

Motor vehicles and equipment 49 738,754,764

Other transportation equipment

manufacturing 38 146,993,751

Furniture and related products 17 7,659,663

Miscellaneous manufacturing and

manufacturing not allocable 139 72,282,875

Wholesale and retail trade 809 392,019,740

Wholesale trade 621 208,908,799

Durable goods 451 105,733,657

Nondurable goods 170 103,175,142

Drugs, chemicals, and allied

products 8 * 14,428,008

Petroleum and petroleum

products 39 1,526,742

Other miscellaneous wholesale

trade 13 17,467,249

Other nondurable goods 110 69,753,143

Retail trade 187 183,110,941

Motor vehicle and parts dealers 17 * 384,111

Food and beverage stores 9 * 3,942,888

Clothing and clothing

accessories stores 15 29,116,349

General merchandise stores 8 * 99,650,020

All other retail stores 139 50,017,574

Transportation and warehousing 87 101,614,361

Transportation 82 101,466,187

Water transportation 11 4,996,797

All other transportation 71 96,469,390

Warehousing and storage 5 * 148,173

Information 161 563,088,879

Publishing industries 90 184,407,841

Motion picture and sound

recording industries 25 38,432,088

Broadcasting and

telecommunications 29 301,653,350

Broadcasting 10 103,396,411

Telecommunications 19 198,256,939

Information and data processing

services 17 38,595,600

Finance, insurance, and real estate 1,490 6,414,749,088

Finance and insurance 1,204 6,401,838,977

Depository credit

intermediation 32 26,674,598

Nondepository credit

intermediation 19 562,601,243

Securities, commodity

contracts, etc 841 2,333,457,537

Insurance carriers and related

activities 306 3,478,622,548

Other finance and insurance 6 * 483,050

Real estate and rental and

leasing 286 12,910,111

Services 1,435 3,415,028,954

Professional, scientific, and

technical services 459 77,516,792

Management of companies (holding

companies) 725 3,132,674,033

Educational, health care, and

social assistance 38 52,441,528

Arts, entertainment, and

recreation 15 2,529,931

Accommodation and food services 68 71,578,490

Other services 130 78,288,181

Dividends

Major and selected minor Total received from

industrial group receipts foreign

corporations

(3) (4)

All industries 5,367,522,238 35,296,572

Agriculture, forestry, fishing,

and hunting 2,915,409 * 27,219

Mining 36,927,692 188,303

Metal mining 1,347,109 * 26,524

Coal mining * 4,747,531 * 8

Oil and gas extraction * 7,920,350 * 47,695

Nonmetallic minerals, except

fuels 22,912,701 114,075

Utilities 92,337,173 1,035,449

Construction 14,412,001 21,018

General building contractors 6,767,900 8,945

Heavy construction contractors 4,342,807 * 3,884

Special trade contractors 1,873,648 * 8,179

Manufacturing 2,419,087,684 26,982,434

Food manufacturing 142,972,954 1,758,776

Beverage and tobacco product

manufacturing 84,368,589 * 2,224,659

Beverage manufactures 33,541,971 * 1,025,218

Tobacco manufactures * 50,826,618 * 1,199,441

Textile mill and textile

products mills 13,405,862 21,922

Apparel manufacturing 18,997,041 * 204,018

Wood product manufacturing 19,667,132 * 5,004

Paper manufacturing 46,769,679 545,913

Printing and related support

activities 6,293,780 * 2,219

Petroleum and coal products

manufacturing 301,026,491 5,028,786

Chemical manufacturing 399,543,353 6,066,241

Pharmaceutical and medicine

manufacturing 151,577,017 2,388,147

Other chemical manufacturing 247,966,336 3,678,093

Plastics and rubber products

manufacturing 28,795,315 457,580

Nonmeticallic mineral product

manufacturing 19,506,621 211,121

Primary metal manufacturing 48,360,597 382,639

Fabricated metal product

manufacturing 51,360,896 679,402

Machinery manufacturing 158,978,148 2,838,602

Computer and electronic products 336,141,763 2,849,344

Electrical equipment, applicance,

and component 148,468,280 496,898

Transportation equipment

manufacturing 530,489,956 2,729,757

Motor vehicles and equipment 386,700,434 2,420,106

Other transportation equipment

manufacturing 143,789,523 309,652

Furniture and related products 11,036,907 * 61,881

Miscellaneous manufacturing and

manufacturing not allocable 52,904,320 417,673

Wholesale and retail trade 672,462,878 1,730,688

Wholesale trade 287,672,730 1,131,366

Durable goods 161,373,829 111,935

Nondurable goods 126,298,901 1,019,431

Drugs, chemicals, and allied

products * 25,518,836 * 94,222

Petroleum and petroleum

products 3,139,267 * 1,379

Other miscellaneous wholesale

trade 10,744,232 * 85,482

Other nondurable goods 86,896,565 838,348

Retail trade 384,790,148 599,321

Motor vehicle and parts dealers * 926,771 * 9

Food and beverage stores * 8,630,118 * 4

Clothing and clothing

accessories stores 44,306,910 * 531,012

General merchandise stores * 240,026,464 * 7,232

All other retail stores 90,899,884 61,063

Transportation and warehousing 97,087,295 72,381

Transportation 97,021,446 71,866

Water transportation 2,976,879 * 11,220

All other transportation 94,044,567 60,646

Warehousing and storage * 65,849 * 515

Information 311,630,660 1,244,442

Publishing industries 101,128,796 605,211

Motion picture and sound

recording industries 19,874,118 * 167,586

Broadcasting and

telecommunications 165,867,566 * 318,520

Broadcasting 44,497,711 * 103,838

Telecommunications 121,369,855 * 214,682

Information and data processing

services 24,760,180 * 153,125

Finance, insurance, and real estate 1,193,537,627 1,691,838

Finance and insurance 1,187,373,869 1,690,220

Depository credit

intermediation 3,659,570 930

Nondepository credit

intermediation 82,289,024 * 112,956

Securities, commodity

contracts, etc 182,475,636 610,998

Insurance carriers and related

activities 918,641,650 965,314

Other finance and insurance * 307,989 * 23

Real estate and rental and

leasing 6,163,758 1,618

Services 510,655,284 2,226,327

Professional, scientific, and

technical services 79,254,997 234,737

Management of companies (holding

companies) 290,244,426 1,461,434

Educational, health care, and

social assistance 28,739,764 * 34,051

Arts, entertainment, and

recreation 2,288,627 * 78,500

Accommodation and food services 60,338,704 189,296

Other services 49,788,765 228,309

Dividends Includable

received from income of

Major and selected minor IC-DISC’s or Controlled

industrial group former Foreign

DISC’s (1) Corporations

(5) (6)

All industries 19,520 22,187,348

Agriculture, forestry, fishing,

and hunting — * 16,116

Mining — 187,449

Metal mining — * 50

Coal mining — * 411

Oil and gas extraction — * 12,511

Nonmetallic minerals, except

fuels — 174,476

Utilities — 372,729

Construction — * 26,538

General building contractors — * 26,443

Heavy construction contractors — * 62

Special trade contractors — —

Manufacturing 17,957 14,360,120

Food manufacturing * 66 501,876

Beverage and tobacco product

manufacturing — * 1,338,856

Beverage manufactures — * 249,254

Tobacco manufactures — * 1,089,603

Textile mill and textile

products mills — * 23,113

Apparel manufacturing — * 75,016

Wood product manufacturing — * 5,780

Paper manufacturing — * 156,632

Printing and related support

activities * 21 * 5,261

Petroleum and coal products

manufacturing — 1,029,593

Chemical manufacturing * 10,208 3,614,643

Pharmaceutical and medicine

manufacturing — 2,093,464

Other chemical manufacturing * 10,208 1,521,179

Plastics and rubber products

manufacturing * 602 43,574

Nonmeticallic mineral product

manufacturing — * 142,647

Primary metal manufacturing — * 265,955

Fabricated metal product

manufacturing * 322 276,527

Machinery manufacturing * 3,541 816,947

Computer and electronic products * 965 2,438,050

Electrical equipment, applicance,

and component * 391 845,856

Transportation equipment

manufacturing — 2,486,735

Motor vehicles and equipment — 2,263,557

Other transportation equipment

manufacturing — 223,178

Furniture and related products — * 61,291

Miscellaneous manufacturing and

manufacturing not allocable * 1,842 231,766

Wholesale and retail trade * 1,563 864,484

Wholesale trade * 1,563 628,090

Durable goods * 537 70,489

Nondurable goods * 1,026 557,602

Drugs, chemicals, and allied

products * 1,026 * 35,064

Petroleum and petroleum

products — —

Other miscellaneous wholesale

trade — * 49,648

Other nondurable goods — 472,890

Retail trade — 236,393

Motor vehicle and parts dealers — * 7

Food and beverage stores — —

Clothing and clothing

accessories stores — * 135,566

General merchandise stores — * 65,769

All other retail stores — * 35,052

Transportation and warehousing — 91,383

Transportation — 90,400

Water transportation — * 61,319

All other transportation — 29,081

Warehousing and storage — * 984

Information — 1,691,930

Publishing industries — 367,884

Motion picture and sound

recording industries — * 46,619

Broadcasting and

telecommunications — * 1,110,806

Broadcasting — * 560,249

Telecommunications — * 550,557

Information and data processing

services — * 166,621

Finance, insurance, and real estate * (2) 2,936,462

Finance and insurance * (2) 2,921,145

Depository credit

intermediation — * 4,859

Nondepository credit

intermediation — * 314,068

Securities, commodity

contracts, etc * (2) 794,541

Insurance carriers and related

activities — 1,807,676

Other finance and insurance — —

Real estate and rental and

leasing — * 15,317

Services — 1,627,913

Professional, scientific, and

technical services — 187,921

Management of companies (holding

companies) — 1,199,039

Educational, health care, and

social assistance — * 9,973

Arts, entertainment, and

recreation — * 16,895

Accommodation and food services — * 69,319

Other services — 144,766

Foreign

dividend

income

Major and selected minor resulting from Net income

industrial group foreign taxes (less deficit)

deemed paid

(gross-up)

(7) (8)

All industries 27,092,409 398,898,244

Agriculture, forestry, fishing,

and hunting * 43,927 483,149

Mining 117,991 3,961,566

Metal mining * 16,915 288,995

Coal mining * 109 * 194,282

Oil and gas extraction * 13,180 * 825,164

Nonmetallic minerals, except

fuels 87,786 2,653,125

Utilities 588,933 10,587,727

Construction * 31,498 878,480

General building contractors * 24,831 400,320

Heavy construction contractors * 2,121 375,250

Special trade contractors * 4,546 78,131

Manufacturing 21,150,959 188,367,924

Food manufacturing 1,046,028 8,811,241

Beverage and tobacco product

manufacturing * 1,629,176 11,562,301

Beverage manufactures * 538,723 3,993,071

Tobacco manufactures * 1,090,453 * 7,569,230

Textile mill and textile

products mills 14,351 518,576

Apparel manufacturing * 158,478 1,746,592

Wood product manufacturing * 2,325 767,894

Paper manufacturing 485,695 4,152,127

Printing and related support

activities * 1,423 412,594

Petroleum and coal products

manufacturing 2,894,834 21,053,878

Chemical manufacturing 5,081,376 41,571,896

Pharmaceutical and medicine

manufacturing 2,539,621 20,724,381

Other chemical manufacturing 2,541,756 20,847,515

Plastics and rubber products

manufacturing 343,973 2,194,162

Nonmeticallic mineral product

manufacturing 203,170 1,859,250

Primary metal manufacturing 258,125 2,743,242

Fabricated metal product

manufacturing 517,814 5,687,430

Machinery manufacturing 1,574,683 15,713,590

Computer and electronic products 2,696,812 32,775,807

Electrical equipment, applicance,

and component 1,389,488 8,907,948

Transportation equipment

manufacturing 2,527,878 21,445,597

Motor vehicles and equipment 2,308,444 15,840,430

Other transportation equipment

manufacturing 219,434 5,605,167

Furniture and related products * 50,050 976,370

Miscellaneous manufacturing and

manufacturing not allocable 275,280 5,467,428

Wholesale and retail trade 747,557 30,125,190

Wholesale trade 504,838 10,791,346

Durable goods 84,426 5,528,927

Nondurable goods 420,413 5,262,419

Drugs, chemicals, and allied

products * 38,524 * 674,197

Petroleum and petroleum

products * 22 73,176

Other miscellaneous wholesale

trade * 53,602 392,141

Other nondurable goods 328,265 4,122,905

Retail trade 242,719 19,333,844

Motor vehicle and parts dealers — * 37,710

Food and beverage stores — * 181,369

Clothing and clothing

accessories stores * 191,858 3,876,947

General merchandise stores * 10,620 * 9,786,220

All other retail stores 40,241 5,451,600

Transportation and warehousing 64,475 6,766,200

Transportation 64,024 6,757,541

Water transportation * 17,061 465,050

All other transportation 46,964 6,292,491

Warehousing and storage * 450 * 8,659

Information 1,276,973 36,395,986

Publishing industries 491,675 10,596,026

Motion picture and sound

recording industries * 119,264 2,375,541

Broadcasting and

telecommunications * 447,921 20,318,811

Broadcasting * 167,479 2,650,164

Telecommunications * 280,442 17,668,647

Information and data processing

services * 218,114 3,105,608

Finance, insurance, and real estate 1,371,051 76,170,975

Finance and insurance 1,363,714 75,599,871

Depository credit

intermediation * 17 398,305

Nondepository credit

intermediation * 41,706 5,428,608

Securities, commodity

contracts, etc 796,549 13,105,902

Insurance carriers and related

activities 525,441 56,565,860

Other finance and insurance — 101,195

Real estate and rental and

leasing * 7,337 571,104

Services 1,651,554 43,546,409

Professional, scientific, and

technical services 179,001 7,741,146

Management of companies (holding

companies) 1,071,340 26,034,004

Educational, health care, and

social assistance * 22,488 2,388,312

Arts, entertainment, and

recreation * 19,798 239,313

Accommodation and food services * 207,254 3,905,179

Other services 151,673 3,238,455

U.S. income

tax before

credits

Income

Major and selected minor subject to Total

industrial group U.S. tax

(9) (10)

All industries 377,129,783 132,740,630

Agriculture, forestry, fishing,

and hunting 460,741 160,561

Mining 3,688,470 1,336,802

Metal mining 286,114 103,746

Coal mining * 189,300 * 74,314

Oil and gas extraction * 753,081 * 281,127

Nonmetallic minerals, except

fuels 2,459,975 877,614

Utilities 10,530,100 3,689,081

Construction 853,177 298,436

General building contractors 383,031 132,750

Heavy construction contractors 373,214 131,826

Special trade contractors 72,692 25,117

Manufacturing 176,643,120 62,266,015

Food manufacturing 8,516,790 3,008,482

Beverage and tobacco product

manufacturing 10,966,805 3,847,052

Beverage manufactures 3,656,875 1,288,576

Tobacco manufactures * 7,309,930 * 2,558,475

Textile mill and textile

products mills 455,189 160,574

Apparel manufacturing 1,741,726 616,189

Wood product manufacturing 736,160 257,554

Paper manufacturing 4,008,568 1,418,543

Printing and related support

activities 409,821 143,100

Petroleum and coal products

manufacturing 20,561,418 7,207,305

Chemical manufacturing 38,046,451 13,407,403

Pharmaceutical and medicine

manufacturing 19,080,976 6,684,909

Other chemical manufacturing 18,965,475 6,722,494

Plastics and rubber products

manufacturing 2,100,658 735,110

Nonmeticallic mineral product

manufacturing 1,706,378 600,350

Primary metal manufacturing 2,517,785 881,953

Fabricated metal product

manufacturing 5,423,217 1,896,616

Machinery manufacturing 14,220,598 4,986,844

Computer and electronic products 30,722,615 10,890,520

Electrical equipment, applicance,

and component 8,367,441 2,883,494

Transportation equipment

manufacturing 20,141,949 7,220,634

Motor vehicles and equipment 15,198,675 5,491,076

Other transportation equipment

manufacturing 4,943,273 1,729,558

Furniture and related products 961,317 335,769

Miscellaneous manufacturing and

manufacturing not allocable 5,038,232 1,768,524

Wholesale and retail trade 29,447,253 10,325,525

Wholesale trade 10,199,230 3,578,338

Durable goods 5,293,601 1,848,786

Nondurable goods 4,905,629 1,729,552

Drugs, chemicals, and allied

products * 578,675 * 202,458

Petroleum and petroleum

products 71,174 24,045

Other miscellaneous wholesale

trade 316,442 110,451

Other nondurable goods 3,939,339 1,392,598

Retail trade 19,248,023 6,747,187

Motor vehicle and parts dealers * 37,526 * 12,967

Food and beverage stores * 179,736 * 61,527

Clothing and clothing

accessories stores 3,869,289 1,364,978

General merchandise stores * 9,742,339 * 3,410,043

All other retail stores 5,419,133 1,897,672

Transportation and warehousing 6,167,224 2,201,616

Transportation 6,158,971 2,198,810

Water transportation 407,239 146,760

All other transportation 5,751,731 2,052,050

Warehousing and storage * 8,253 * 2,806

Information 34,674,070 12,144,430

Publishing industries 9,378,929 3,313,690

Motion picture and sound

recording industries 2,232,989 784,763

Broadcasting and

telecommunications 20,030,173 6,984,901

Broadcasting 2,422,045 848,869

Telecommunications 17,608,128 6,136,032

Information and data processing

services 3,031,979 1,061,077

Finance, insurance, and real estate 70,649,020 24,863,054

Finance and insurance 70,199,824 24,704,831

Depository credit

intermediation 382,846 132,920

Nondepository credit

intermediation 5,229,377 1,830,110

Securities, commodity

contracts, etc 12,470,039 4,372,533

Insurance carriers and related

activities 52,016,745 18,333,963

Other finance and insurance * 100,817 * 35,306

Real estate and rental and

leasing 449,196 158,223

Services 42,409,299 14,888,593

Professional, scientific, and

technical services 7,317,795 2,563,971

Management of companies (holding

companies) 25,470,688 8,949,661

Educational, health care, and

social assistance 2,363,945 826,885

Arts, entertainment, and

recreation 225,954 78,435

Accommodation and food services 3,849,620 1,354,676

Other services 3,181,298 1,114,964

U.S. income

tax before

credits

Regular and

Major and selected minor alternative Foreign tax

industrial group minimum credit

tax claimed

(11) (12)

All industries 132,832,709 37,338,380

Agriculture, forestry, fishing,

and hunting 160,558 54,317

Mining 1,335,765 501,907

Metal mining 103,556 74,417

Coal mining * 74,314 * 13,124

Oil and gas extraction * 281,127 * 142,640

Nonmetallic minerals, except

fuels 876,768 271,727

Utilities 3,688,583 529,461

Construction 295,555 49,696

General building contractors 132,601 29,431

Heavy construction contractors 130,020 11,338

Special trade contractors 24,905 7,910

Manufacturing 62,365,963 26,738,054

Food manufacturing 3,008,475 1,174,614

Beverage and tobacco product

manufacturing 3,847,052 1,975,815

Beverage manufactures 1,288,576 761,321

Tobacco manufactures * 2,558,475 * 1,214,494

Textile mill and textile

products mills 160,574 14,720

Apparel manufacturing 616,007 158,515

Wood product manufacturing 257,554 6,949

Paper manufacturing 1,418,797 553,314

Printing and related support

activities 143,100 3,030

Petroleum and coal products

manufacturing 7,214,608 4,268,386

Chemical manufacturing 13,407,504 5,522,571

Pharmaceutical and medicine

manufacturing 6,684,909 2,660,359

Other chemical manufacturing 6,722,595 2,862,211

Plastics and rubber products

manufacturing 736,932 334,187

Nonmeticallic mineral product

manufacturing 600,350 142,795

Primary metal manufacturing 893,599 350,613

Fabricated metal product

manufacturing 1,896,534 597,459

Machinery manufacturing 4,987,219 2,049,854

Computer and electronic products 10,890,507 4,839,162

Electrical equipment, applicance,

and component 2,974,022 1,481,993

Transportation equipment

manufacturing 7,208,831 2,909,198

Motor vehicles and equipment 5,479,053 2,598,447

Other transportation equipment

manufacturing 1,729,779 310,751

Furniture and related products 335,781 53,436

Miscellaneous manufacturing and

manufacturing not allocable 1,768,516 301,444

Wholesale and retail trade 10,327,617 1,033,628

Wholesale trade 3,578,612 574,516

Durable goods 1,849,074 100,685

Nondurable goods 1,729,538 473,832

Drugs, chemicals, and allied

products * 202,458 * 49,906

Petroleum and petroleum

products 24,045 2,880

Other miscellaneous wholesale

trade 110,451 30,043

Other nondurable goods 1,392,584 391,002

Retail trade 6,749,005 459,112

Motor vehicle and parts dealers * 12,967 * 116

Food and beverage stores * 62,913 * 10,016

Clothing and clothing

accessories stores 1,364,978 247,749

General merchandise stores * 3,410,039 * 66,037

All other retail stores 1,898,108 135,194

Transportation and warehousing 2,201,616 149,813

Transportation 2,198,810 149,234

Water transportation 146,760 56,152

All other transportation 2,052,050 93,082

Warehousing and storage * 2,806 * 579

Information 12,147,233 1,608,877

Publishing industries 3,311,596 697,470

Motion picture and sound

recording industries 783,973 122,179

Broadcasting and

telecommunications 6,990,587 536,669

Broadcasting 848,868 235,176

Telecommunications 6,141,719 301,493

Information and data processing

services 1,061,077 252,559

Finance, insurance, and real estate 24,858,995 3,065,854

Finance and insurance 24,702,565 3,053,584

Depository credit

intermediation 132,920 6,606

Nondepository credit

intermediation 1,830,106 197,499

Securities, commodity

contracts, etc 4,371,164 1,403,892

Insurance carriers and related

activities 18,333,070 1,444,097

Other finance and insurance * 35,306 * 1,490

Real estate and rental and

leasing 156,430 12,270

Services 14,884,313 3,571,425

Professional, scientific, and

technical services 2,562,392 397,237

Management of companies (holding

companies) 8,948,539 2,523,987

Educational, health care, and

social assistance 826,885 24,367

Arts, entertainment, and

recreation 78,435 55,543

Accommodation and food services 1,353,669 408,982

Other services 1,114,394 161,310

U.S. General

Major and selected minor possessions business

industrial group tax credit credit

(13) (14)

All industries 339,990 3,855,629

Agriculture, forestry, fishing,

and hunting — * 5,431

Mining — * 55,317

Metal mining — * 3

Coal mining — * 1

Oil and gas extraction —

Nonmetallic minerals, except

fuels — * 55,313

Utilities — 117,513

Construction — * 10,507

General building contractors — * 10,234

Heavy construction contractors — * 227

Special trade contractors — * 2

Manufacturing 333,719 2,232,476

Food manufacturing * 155 62,698

Beverage and tobacco product

manufacturing * 45,056 * 19,871

Beverage manufactures * 45,056 * 2,539

Tobacco manufactures — * 17,332

Textile mill and textile

products mills — * 3,068

Apparel manufacturing * 229 * 4,136

Wood product manufacturing — * 713

Paper manufacturing * 114 51,509

Printing and related support

activities * 348 * 792

Petroleum and coal products

manufacturing — 152,729

Chemical manufacturing * 264,297 611,826

Pharmaceutical and medicine

manufacturing * 260,579 469,941

Other chemical manufacturing * 3,718 141,885

Plastics and rubber products

manufacturing — 10,136

Nonmeticallic mineral product

manufacturing — 6,151

Primary metal manufacturing — 17,138

Fabricated metal product

manufacturing * 784 11,287

Machinery manufacturing * 14,545 126,609

Computer and electronic products — 559,034

Electrical equipment, applicance,

and component — 40,146

Transportation equipment

manufacturing — 481,735

Motor vehicles and equipment — 416,673

Other transportation equipment

manufacturing — 65,063

Furniture and related products — * 3,743

Miscellaneous manufacturing and

manufacturing not allocable * 8,190 69,154

Wholesale and retail trade — 168,647

Wholesale trade — 74,672

Durable goods — 28,049

Nondurable goods — 46,623

Drugs, chemicals, and allied

products — * 3,889

Petroleum and petroleum

products — —

Other miscellaneous wholesale

trade — * 5,701

Other nondurable goods — 37,033

Retail trade — 93,975

Motor vehicle and parts dealers — * 33

Food and beverage stores — * 1,201

Clothing and clothing

accessories stores — * 6,187

General merchandise stores — * 57,640

All other retail stores — 28,914

Transportation and warehousing — 36,451

Transportation — 36,451

Water transportation — * 1,438

All other transportation — 35,013

Warehousing and storage — —

Information — 265,171

Publishing industries — 58,516

Motion picture and sound

recording industries — * 1,340

Broadcasting and

telecommunications — * 116,282

Broadcasting — * 11,862

Telecommunications * 104,420

Information and data processing

services — * 89,032

Finance, insurance, and real estate — 364,373

Finance and insurance — 364,279

Depository credit

intermediation — * 670

Nondepository credit

intermediation — * 56,134

Securities, commodity

contracts, etc — 34,830

Insurance carriers and related

activities — 272,645

Other finance and insurance — —

Real estate and rental and

leasing — * 94

Services * 6,271 589,557

Professional, scientific, and

technical services — 145,258

Management of companies (holding

companies) — 343,971

Educational, health care, and

social assistance — * 4,037

Arts, entertainment, and

recreation — * 1,590

Accommodation and food services * 6,271 75,424

Other services — 19,278

Foreign

income and

taxes

reported on

Form 1118

Gross

income

(less loss)

U.S. income

Major and selected minor tax after Total

industrial group credits (3)

(15) (16)

All industries 88,652,512 349,386,789

Agriculture, forestry, fishing,

and hunting 98,620 290,450

Mining 766,093 5,357,393

Metal mining 24,943 488,846

Coal mining * 61,175 * 111,146

Oil and gas extraction * 138,179 * 1,602,459

Nonmetallic minerals, except

fuels 541,796 3,154,942

Utilities 2,863,952 3,303,485

Construction 231,872 558,544

General building contractors 88,316 251,516

Heavy construction contractors 118,861 166,883

Special trade contractors 17,013 119,501

Manufacturing 31,917,015 167,963,972

Food manufacturing 1,720,133 5,977,147

Beverage and tobacco product

manufacturing 1,796,279 11,089,926

Beverage manufactures 478,715 4,814,672

Tobacco manufactures * 1,317,564 * 6,275,254

Textile mill and textile

products mills 138,676 218,292

Apparel manufacturing 453,306 833,084

Wood product manufacturing 234,840 86,802

Paper manufacturing 797,546 2,408,960

Printing and related support

activities 138,502 55,999

Petroleum and coal products

manufacturing 2,381,235 27,941,656

Chemical manufacturing 6,795,989 32,412,739

Pharmaceutical and medicine

manufacturing 3,247,792 14,704,055

Other chemical manufacturing 3,548,197 17,708,684

Plastics and rubber products

manufacturing 340,754 1,701,562

Nonmeticallic mineral product

manufacturing 434,974 822,084

Primary metal manufacturing 465,273 2,021,069

Fabricated metal product

manufacturing 1,277,209 3,088,191

Machinery manufacturing 2,753,231 12,658,071

Computer and electronic products 5,393,982 36,075,703

Electrical equipment, applicance,

and component 1,351,433 11,519,570

Transportation equipment

manufacturing 3,779,696 15,895,256

Motor vehicles and equipment 2,442,052 11,494,280

Other transportation equipment

manufacturing 1,337,644 4,400,976

Furniture and related products 278,057 222,264

Miscellaneous manufacturing and

manufacturing not allocable 1,385,899 2,935,598

Wholesale and retail trade 8,837,072 9,007,432

Wholesale trade 2,716,677 5,705,569

Durable goods 1,619,886 1,276,168

Nondurable goods 1,096,791 4,429,402

Drugs, chemicals, and allied

products * 126,790 * 407,979

Petroleum and petroleum

products 18,276 69,278

Other miscellaneous wholesale

trade 61,190 333,308

Other nondurable goods 890,536 3,618,837

Retail trade 6,120,395 3,301,863

Motor vehicle and parts dealers * 12,777 * 1,164

Food and beverage stores * 50,310 * 73,973

Clothing and clothing

accessories stores 1,107,324 1,325,951

General merchandise stores * 3,221,392 * 714,141

All other retail stores 1,728,591 1,186,635

Transportation and warehousing 1,571,390 9,086,753

Transportation 1,569,162 9,083,166

Water transportation 77,840 309,614

All other transportation 1,491,322 8,773,553

Warehousing and storage * 2,227 * 3,587

Information 10,238,779 31,202,763

Publishing industries 2,551,891 16,703,997

Motion picture and sound

recording industries 661,154 2,060,009

Broadcasting and

telecommunications 6,309,669 10,185,150

Broadcasting * 600,909 3,977,269

Telecommunications 5,708,760 6,207,881

Information and data processing

services 716,064 2,253,606

Finance, insurance, and real estate 21,073,736 55,137,632

Finance and insurance 20,928,406 54,984,526

Depository credit

intermediation 125,515 211,210

Nondepository credit

intermediation 1,575,206 8,555,687

Securities, commodity

contracts, etc 2,841,052 21,356,984

Insurance carriers and related

activities 16,352,818 24,793,095

Other finance and insurance * 33,816 * 67,550

Real estate and rental and

leasing 145,330 153,106

Services 10,542,141 67,282,303

Professional, scientific, and

technical services 2,010,747 7,461,182

Management of companies (holding

companies) 5,962,897 54,946,522

Educational, health care, and

social assistance 797,701 241,073

Arts, entertainment, and

recreation 21,259 559,701

Accommodation and food services 861,866 2,904,182

Other services 887,670 1,169,643

Foreign income and taxes

reported on Form 1118

Gross income (less loss)

Foreign

dividend

income

Major and selected minor Dividends resulting from

industrial group foreign taxes

deemed paid

(gross-up)

(17) (18)

All industries 60,541,096 27,074,099

Agriculture, forestry, fishing,

and hunting 62,274 * 43,927

Mining 363,579 117,974

Metal mining * 26,566 * 16,915

Coal mining * 420 * 109

Oil and gas extraction * 61,604 * 13,164

Nonmetallic minerals, except

fuels 274,989 87,786

Utilities 1,407,780 588,656

Construction 47,556 * 31,498

General building contractors 35,491 * 24,831

Heavy construction contractors * 3,949 * 2,121

Special trade contractors 8,073 * 4,546

Manufacturing 44,303,840 21,134,234

Food manufacturing 2,328,590 1,046,341

Beverage and tobacco product

manufacturing * 3,573,477 * 1,618,222

Beverage manufactures * 1,274,468 * 538,518

Tobacco manufactures * 2,299,009 * 1,079,703

Textile mill and textile

products mills 44,819 14,348

Apparel manufacturing 278,957 158,483

Wood product manufacturing * 6,531 * 2,325

Paper manufacturing 792,947 485,695

Printing and related support

activities * 7,480 * 1,423

Petroleum and coal products

manufacturing 6,072,307 2,893,166

Chemical manufacturing 9,958,280 5,078,100

Pharmaceutical and medicine

manufacturing 4,394,083 2,536,194

Other chemical manufacturing 5,564,197 2,541,906

Plastics and rubber products

manufacturing 505,843 343,973

Nonmeticallic mineral product

manufacturing 426,917 203,170

Primary metal manufacturing 682,164 258,075

Fabricated metal product

manufacturing 980,240 518,019

Machinery manufacturing 4,571,173 1,574,369

Computer and electronic products 6,483,683 2,696,496

Electrical equipment, applicance,

and component 1,385,368 1,389,440

Transportation equipment

manufacturing 5,216,959 2,527,923

Motor vehicles and equipment 4,642,366 2,308,489

Other transportation equipment

manufacturing 574,593 219,434

Furniture and related products * 123,173 * 50,050

Miscellaneous manufacturing and

manufacturing not allocable 864,935 274,615

Wholesale and retail trade 2,595,939 747,611

Wholesale trade 1,760,574 504,884

Durable goods 182,581 84,425

Nondurable goods 1,577,993 420,459

Drugs, chemicals, and allied

products * 129,246 * 38,524

Petroleum and petroleum

products * 1,379 * 22

Other miscellaneous wholesale

trade * 135,132 * 53,604

Other nondurable goods 1,312,236 328,309

Retail trade 835,365 242,727

Motor vehicle and parts dealers * 16 —

Food and beverage stores * 10 —

Clothing and clothing

accessories stores 666,547 * 191,863

General merchandise stores * 73,041 * 10,620

All other retail stores 95,751 40,244

Transportation and warehousing 162,535 64,475

Transportation 161,036 64,024

Water transportation * 72,101 * 17,060

All other transportation 88,935 46,964

Warehousing and storage * 1,499 * 450

Information 3,115,765 1,274,993

Publishing industries 1,012,435 491,674

Motion picture and sound

recording industries 214,209 * 119,264

Broadcasting and

telecommunications 1,569,335 * 445,981

Broadcasting * 804,809 * 165,595

Telecommunications * 764,526 * 280,387

Information and data processing

services * 319,787 * 218,073

Finance, insurance, and real estate 4,464,750 1,370,649

Finance and insurance 4,448,156 1,363,312

Depository credit

intermediation 5,799 * 24

Nondepository credit

intermediation 372,548 * 41,706

Securities, commodity

contracts, etc 1,313,005 796,571

Insurance carriers and related

activities 2,756,780 525,011

Other finance and insurance * 24 —

Real estate and rental and

leasing 16,594 * 7,337

Services 3,928,370 1,652,590

Professional, scientific, and

technical services 449,347 180,575

Management of companies (holding

companies) 2,695,659 1,070,770

Educational, health care, and

social assistance 44,026 * 22,488

Arts, entertainment, and

recreation * 108,719 * 19,798

Accommodation and food services 256,541 * 207,254

Other services 374,077 151,706

Foreign income and taxes

reported on Form 1118

Gross income (less loss)

Rents,

Major and selected minor royalties,

industrial group Interest and

license fees

(19) (20)

All industries 68,413,782 55,875,295

Agriculture, forestry, fishing,

and hunting * 26,361 * 18,293

Mining 228,918 409,764

Metal mining * 40,286 * 127

Coal mining * 21,052 —

Oil and gas extraction * 93,075 * 50,610

Nonmetallic minerals, except

fuels 74,505 359,027

Utilities 566,225 * 40,447

Construction 5,390 19,911

General building contractors * 2,900 * 8,316

Heavy construction contractors * 98 * 7,816

Special trade contractors * 2,345 * 3,780

Manufacturing 9,412,797 35,137,332

Food manufacturing 122,402 706,982

Beverage and tobacco product

manufacturing 274,635 * 2,589,306

Beverage manufactures * 223,093 * 1,423,065

Tobacco manufactures * 51,542 * 1,166,241

Textile mill and textile

products mills * 33,055 * 45,415

Apparel manufacturing 6,121 293,924

Wood product manufacturing * 33,760 * 10,499

Paper manufacturing 45,279 513,358

Printing and related support

activities * 756 * 15,191

Petroleum and coal products

manufacturing 3,798,365 503,055

Chemical manufacturing 847,523 6,454,181

Pharmaceutical and medicine

manufacturing 258,788 2,840,547

Other chemical manufacturing 588,735 3,613,634

Plastics and rubber products

manufacturing 62,863 362,009

Nonmeticallic mineral product

manufacturing 14,797 104,984

Primary metal manufacturing 115,563 102,429

Fabricated metal product

manufacturing 96,405 244,060

Machinery manufacturing 638,806 1,491,328

Computer and electronic products 672,790 17,682,296

Electrical equipment, applicance,

and component 1,749,019 838,993

Transportation equipment

manufacturing 822,001 2,501,494

Motor vehicles and equipment 402,737 1,771,231

Other transportation equipment

manufacturing 419,264 730,263

Furniture and related products * 7,405 10,029

Miscellaneous manufacturing and

manufacturing not allocable 71,251 667,798

Wholesale and retail trade 416,232 1,058,946

Wholesale trade 348,788 336,797

Durable goods 99,613 74,992

Nondurable goods 249,175 261,806

Drugs, chemicals, and allied

products * 8,595 * 109,956

Petroleum and petroleum

products * 10,463 * 4,844

Other miscellaneous wholesale

trade * 4,347 * 309

Other nondurable goods 225,769 146,697

Retail trade 67,444 722,149

Motor vehicle and parts dealers * 257 * 699

Food and beverage stores * 3,479 * 69,056

Clothing and clothing

accessories stores * 7,714 88,647

General merchandise stores * 21,179 * 137,559

All other retail stores 34,815 426,188

Transportation and warehousing 54,343 72,419

Transportation 52,716 72,419

Water transportation * 6,814 * 110

All other transportation 45,902 72,309

Warehousing and storage * 1,627 —

Information 453,340 13,941,701

Publishing industries 104,523 10,342,629

Motion picture and sound

recording industries * 306 404,723

Broadcasting and

telecommunications * 297,735 2,858,142

Broadcasting * 150,186 * 2,700,489

Telecommunications * 147,549 * 157,653

Information and data processing

services * 50,776 * 336,207

Finance, insurance, and real estate 22,304,212 1,170,297

Finance and insurance 22,281,377 1,112,009

Depository credit

intermediation * 196,163 * 284

Nondepository credit

intermediation 2,002,612 * 199,180

Securities, commodity

contracts, etc 12,415,304 95,022

Insurance carriers and related

activities 7,666,755 813,100

Other finance and insurance * 542 * 4,422

Real estate and rental and

leasing 22,836 58,288

Services 34,944,806 4,006,186

Professional, scientific, and

technical services 104,638 1,563,225

Management of companies (holding

companies) 34,484,151 1,385,281

Educational, health care, and

social assistance * 396 41,491

Arts, entertainment, and

recreation * 2,187 110,053

Accommodation and food services 268,550 744,483

Other services 84,884 161,654

Foreign income and taxes

reported on Form 1118

Gross income (less loss)

Major and selected minor Service Other

industrial group income income

(21) (22)

All industries 23,414,004 114,068,512

Agriculture, forestry, fishing,

and hunting * 1 * 139,654

Mining 2,043,709 2,193,449

Metal mining * 6,144 398,808

Coal mining — * 89,564

Oil and gas extraction * 219,828 * 1,164,178

Nonmetallic minerals, except

fuels 1,817,736 540,898

Utilities 127,571 572,805

Construction 331,390 122,799

General building contractors * 172,058 * 7,920

Heavy construction contractors * 110,234 * 42,665

Special trade contractors * 28,704 * 72,052

Manufacturing 3,360,666 54,615,104

Food manufacturing * 46,465 1,726,367

Beverage and tobacco product

manufacturing * 110,319 2,923,967

Beverage manufactures * 110,319 * 1,245,209

Tobacco manufactures — * 1,678,758

Textile mill and textile

products mills * 1,951 * 78,706

Apparel manufacturing * 11,624 * 83,974

Wood product manufacturing — * 33,688

Paper manufacturing * 51,090 520,591

Printing and related support

activities * 12,428 * 18,721

Petroleum and coal products

manufacturing * 97,998 14,576,765

Chemical manufacturing 470,718 9,603,936

Pharmaceutical and medicine

manufacturing * 222,553 4,451,890

Other chemical manufacturing 248,165 5,152,046

Plastics and rubber products

manufacturing * 35,622 391,253

Nonmeticallic mineral product

manufacturing * 9,714 62,502

Primary metal manufacturing * 12,613 850,225

Fabricated metal product

manufacturing 109,198 1,140,269

Machinery manufacturing 213,693 4,168,702

Computer and electronic products 544,708 7,995,730

Electrical equipment, applicance,

and component 976,492 5,180,258

Transportation equipment

manufacturing 628,267 4,198,612

Motor vehicles and equipment * 3,838 2,365,619

Other transportation equipment

manufacturing * 624,429 1,832,994

Furniture and related products — 31,607

Miscellaneous manufacturing and

manufacturing not allocable 27,766 1,029,233

Wholesale and retail trade 500,106 3,688,599

Wholesale trade 139,047 2,615,479

Durable goods 42,315 792,242

Nondurable goods 96,732 1,823,237

Drugs, chemicals, and allied

products * 2,697 * 118,960

Petroleum and petroleum

products * 3,929 * 48,640

Other miscellaneous wholesale

trade * 3,444 * 136,473

Other nondurable goods 86,661 1,519,164

Retail trade * 361,059 1,073,120

Motor vehicle and parts dealers — * 192

Food and beverage stores — * 1,428

Clothing and clothing

accessories stores — 371,180

General merchandise stores * 191,669 * 280,073

All other retail stores * 169,390 420,247

Transportation and warehousing 8,695,634 37,348

Transportation 8,695,634 37,337

Water transportation * 187,447 * 26,081

All other transportation 8,508,187 11,256

Warehousing and storage — * 11

Information 1,597,173 10,819,790

Publishing industries 207,483 4,545,253

Motion picture and sound

recording industries * 14,305 * 1,307,203

Broadcasting and

telecommunications * 260,557 4,753,400

Broadcasting * 682 * 155,508

Telecommunications * 259,876 * 4,597,892

Information and data processing

services 1,114,828 * 213,935

Finance, insurance, and real estate 2,818,974 23,008,749

Finance and insurance 2,782,489 22,997,183

Depository credit

intermediation * 8,644 * 296

Nondepository credit

intermediation * 664,182 5,275,458

Securities, commodity

contracts, etc 463,381 6,273,700

Insurance carriers and related

activities 1,632,749 11,398,701

Other finance and insurance * 13,534 * 49,027

Real estate and rental and

leasing * 36,485 11,567

Services 3,938,780 18,811,570

Professional, scientific, and

technical services 2,675,154 2,488,243

Management of companies (holding

companies) 541,363 14,769,299

Educational, health care, and

social assistance * 94,736 * 37,936

Arts, entertainment, and

recreation * 308,281 * 10,663

Accommodation and food services * 110,711 1,316,643

Other services 208,536 188,787

Foreign income and taxes

reported on Form 1118

Gross income (less loss)

Oil and gas

Major and selected minor extraction Foreign

industrial group income branch

(less loss) (4) income (4)

(23) (24)

All industries 15,127,351 87,251,267

Agriculture, forestry, fishing,

and hunting — —

Mining * 369,280 1,975,904

Metal mining * 358,226 * 159,600

Coal mining — * 61,285

Oil and gas extraction — * 234,332

Nonmetallic minerals, except

fuels * 11,054 1,520,687

Utilities * 2,372 * 621,175

Construction — * 107,451

General building contractors — * 51,692

Heavy construction contractors — * 27,581

Special trade contractors — * 19,856

Manufacturing 14,612,814 21,097,281

Food manufacturing — 792,900

Beverage and tobacco product

manufacturing — * 1,791,352

Beverage manufactures — * 836,534

Tobacco manufactures — * 954,818

Textile mill and textile

products mills — * 601

Apparel manufacturing — * 78,688

Wood product manufacturing — * 1,129

Paper manufacturing — 15,700

Printing and related support

activities — * 18,342

Petroleum and coal products

manufacturing 13,143,975 9,138,087

Chemical manufacturing * 1,468,839 3,679,394

Pharmaceutical and medicine

manufacturing — 1,307,237

Other chemical manufacturing * 1,468,839 2,372,157

Plastics and rubber products

manufacturing — 103,107

Nonmeticallic mineral product

manufacturing — * 4,560

Primary metal manufacturing — * 264,854

Fabricated metal product

manufacturing — 397,529

Machinery manufacturing — 742,583

Computer and electronic products — 1,709,617

Electrical equipment, applicance,

and component — 498,120

Transportation equipment

manufacturing — 1,654,108

Motor vehicles and equipment — 1,240,572

Other transportation equipment

manufacturing — * 413,536

Furniture and related products — * 19,346

Miscellaneous manufacturing and

manufacturing not allocable — 187,264

Wholesale and retail trade * 111,489 1,682,666

Wholesale trade * 111,489 789,497

Durable goods — 131,553

Nondurable goods * 111,489 657,944

Drugs, chemicals, and allied

products — * 55,212

Petroleum and petroleum

products — * 13,972

Other miscellaneous wholesale

trade * 111,489 * 3,608

Other nondurable goods — 585,153

Retail trade — 893,169

Motor vehicle and parts dealers — —

Food and beverage stores — —

Clothing and clothing

accessories stores — * 227,122

General merchandise stores — * 284,521

All other retail stores — * 381,526

Transportation and warehousing — 4,724,738

Transportation — 4,724,738

Water transportation — * 25,300

All other transportation — 4,699,438

Warehousing and storage — —

Information — 3,054,897

Publishing industries — 1,904,993

Motion picture and sound

recording industries — * 9,740

Broadcasting and

telecommunications — * 617,803

Broadcasting — * 10,119

Telecommunications — * 607,683

Information and data processing

services — * 522,362

Finance, insurance, and real estate — 15,943,921

Finance and insurance — 15,915,658

Depository credit

intermediation — —

Nondepository credit

intermediation — * 2,304,032

Securities, commodity

contracts, etc — 4,343,440

Insurance carriers and related

activities — 9,218,616

Other finance and insurance — * 49,570

Real estate and rental and

leasing — * 28,264

Services * 20,542 37,879,859

Professional, scientific, and

technical services — 2,291,696

Management of companies (holding

companies) * 20,542 33,985,663

Educational, health care, and

social assistance — * 6,801

Arts, entertainment, and

recreation — * 155,495

Accommodation and food services — * 1,301,150

Other services — 139,053

Foreign income and taxes

reported on Form 1118

Gross

income Deductions

(less loss)

Specifically

allocable

Major and selected minor income Total

industrial group [section

863(b)] (4)

(25) (26)

All industries 9,176,112 202,269,920

Agriculture, forestry, fishing,

and hunting * 127,202 * 119,484

Mining — 3,290,604

Metal mining — 229,896

Coal mining — * 63,206

Oil and gas extraction — * 1,148,101

Nonmetallic minerals, except

fuels — 1,849,402

Utilities — 1,225,796

Construction — 381,474

General building contractors — * 157,046

Heavy construction contractors — * 117,482

Special trade contractors — 89,464

Manufacturing 8,215,612 76,260,938

Food manufacturing * 71,879 2,354,105

Beverage and tobacco product

manufacturing — 4,155,100

Beverage manufactures — * 1,823,496

Tobacco manufactures — * 2,331,604

Textile mill and textile

products mills * 4,676 129,128

Apparel manufacturing * 1,788 204,782

Wood product manufacturing — * 44,725

Paper manufacturing * 43,218 782,845

Printing and related support

activities — * 20,196

Petroleum and coal products

manufacturing * 472,640 15,173,345

Chemical manufacturing 863,944 13,978,033

Pharmaceutical and medicine

manufacturing * 444,041 5,631,939

Other chemical manufacturing 419,903 8,346,094

Plastics and rubber products

manufacturing * 10,840 656,252

Nonmeticallic mineral product

manufacturing * 10,622 242,564

Primary metal manufacturing * 58,910 973,901

Fabricated metal product

manufacturing * 18,956 1,273,011

Machinery manufacturing 251,551 5,770,124

Computer and electronic products 3,578,401 15,481,479

Electrical equipment, applicance,

and component * 2,232,646 6,832,694

Transportation equipment

manufacturing * 448,384 6,444,599

Motor vehicles and equipment * 374,463 3,767,925

Other transportation equipment

manufacturing * 73,920 2,676,674

Furniture and related products * 4,683 57,699

Miscellaneous manufacturing and

manufacturing not allocable * 142,474 1,686,354

Wholesale and retail trade * 65,874 4,151,614

Wholesale trade * 63,685 2,892,810

Durable goods * 616 796,074

Nondurable goods * 63,069 2,096,736

Drugs, chemicals, and allied

products * 14,994 * 213,268

Petroleum and petroleum

products — * 46,680

Other miscellaneous wholesale

trade — * 229,037

Other nondurable goods * 48,075 1,607,751

Retail trade * 2,189 1,258,804

Motor vehicle and parts dealers — —

Food and beverage stores — * 3,751

Clothing and clothing

accessories stores — 311,800

General merchandise stores — * 436,750

All other retail stores * 2,189 506,503

Transportation and warehousing * 3,128 8,035,750

Transportation * 3,128 8,034,679

Water transportation — * 108,465

All other transportation * 3,128 7,926,213

Warehousing and storage — * 1,071

Information * 243,296 19,911,938

Publishing industries * 100,718 10,784,713

Motion picture and sound

recording industries — 884,778

Broadcasting and

telecommunications * 142,579 6,876,400

Broadcasting * 142,579 * 3,006,315

Telecommunications — 3,870,085

Information and data processing

services — 1,366,047

Finance, insurance, and real estate * 144 36,408,313

Finance and insurance * 144 36,320,336

Depository credit

intermediation — 173,558

Nondepository credit

intermediation — 7,377,832

Securities, commodity

contracts, etc * 144 14,361,469

Insurance carriers and related

activities — 14,352,225

Other finance and insurance — * 55,253

Real estate and rental and

leasing — 87,976

Services * 520,856 52,402,896

Professional, scientific, and

technical services * 512,590 5,226,906

Management of companies (holding

companies) — 44,446,560

Educational, health care, and

social assistance * 4,707 102,557

Arts, entertainment, and

recreation — * 367,160

Accommodation and food services * 350 1,676,414

Other services * 3,210 583,298

Foreign income and taxes

reported on Form 1118

Deductions

Deductions allocable to

specific types of income

Rental,

royalty,

and licensing

expenses

Depreciation,

Major and selected minor depletion,

industrial group Total and

amortization

(27) (28)

All industries 108,022,787 1,290,753

Agriculture, forestry, fishing,

and hunting * 71,634 —

Mining 2,451,032 102,247

Metal mining 154,820 * 9,961

Coal mining * 48,698 —

Oil and gas extraction * 915,505 —

Nonmetallic minerals, except

fuels 1,332,008 * 92,286

Utilities 581,522 * 5,784

Construction 336,455 * 1,183

General building contractors * 155,020 * 10

Heavy construction contractors * 91,695 * 1,148

Special trade contractors 72,257 * 25

Manufacturing 42,276,285 224,324

Food manufacturing 1,510,336 * 1,504

Beverage and tobacco product

manufacturing * 2,522,761 —

Beverage manufactures * 891,449 —

Tobacco manufactures * 1,631,312 —

Textile mill and textile

products mills 54,883 —

Apparel manufacturing * 96,498 * 53

Wood product manufacturing * 12,541 —

Paper manufacturing 255,978 * 5

Printing and related support

activities * 18,052 * 139

Petroleum and coal products

manufacturing 13,077,655 * 11,673

Chemical manufacturing 6,824,075 * 5,675

Pharmaceutical and medicine

manufacturing 2,728,037 —

Other chemical manufacturing 4,096,038 * 5,675

Plastics and rubber products

manufacturing 374,152 * 4,132

Nonmeticallic mineral product

manufacturing 96,769 * 31

Primary metal manufacturing 494,850 * 121,368

Fabricated metal product

manufacturing 813,211 * 1,592

Machinery manufacturing 2,672,733 * 1,109

Computer and electronic products 5,189,318 * 1,465

Electrical equipment, applicance,

and component 4,028,830 * 1,956

Transportation equipment

manufacturing 3,207,770 * 55,623

Motor vehicles and equipment 1,106,826 * 14,252

Other transportation equipment

manufacturing 2,100,944 * 41,371

Furniture and related products * 29,314 —

Miscellaneous manufacturing and

manufacturing not allocable 996,557 * 17,998

Wholesale and retail trade 2,682,751 4,979

Wholesale trade 1,880,720 3,499

Durable goods 430,400 * 1,589

Nondurable goods 1,450,320 * 1,910

Drugs, chemicals, and allied

products * 181,022 —

Petroleum and petroleum

products * 43,152 * 1,290

Other miscellaneous wholesale

trade * 126,842 —

Other nondurable goods 1,099,304 * 620

Retail trade 802,031 * 1,480

Motor vehicle and parts dealers — —

Food and beverage stores * 3,503 —

Clothing and clothing

accessories stores 248,324 * 1,057

General merchandise stores * 333,455 * 369

All other retail stores 216,749 * 54

Transportation and warehousing 7,795,999 * 1,503

Transportation 7,795,597 * 1,503

Water transportation * 84,749 * 333

All other transportation 7,710,848 * 1,169

Warehousing and storage * 402 —

Information 12,634,227 232,406

Publishing industries 4,871,963 * 366

Motion picture and sound

recording industries 734,423 * 13,707

Broadcasting and

telecommunications 5,913,584 * 212,896

Broadcasting * 2,484,485 * 212,230

Telecommunications 3,429,098 * 665

Information and data processing

services 1,114,258 * 5,438

Finance, insurance, and real estate 17,775,632 266,215

Finance and insurance 17,710,461 260,871

Depository credit

intermediation * 9,639 —

Nondepository credit

intermediation 5,423,519 * 64,021

Securities, commodity

contracts, etc 4,511,756 * 150,588

Insurance carriers and related

activities 7,710,406 * 45,630

Other finance and insurance * 55,141 * 632

Real estate and rental and

leasing 65,172 * 5,344

Services 21,383,528 452,113

Professional, scientific, and

technical services 4,488,326 13,765

Management of companies (holding

companies) 14,927,773 428,581

Educational, health care, and

social assistance 81,226 * 672

Arts, entertainment, and

recreation * 294,946 * 18

Accommodation and food services 1,226,056 * 1301

Other services 365,201 * 7,775

Foreign income and taxes

reported on Form 1118

Deductions

Deductions allocable to

specific types of income

Rental,

royalty,

and

licensing

expenses

Major and selected minor Service

industrial group Other expenses

(29) (30)

All industries 6,110,720 13,036,724

Agriculture, forestry, fishing,

and hunting * 686 * (2)

Mining 25,709 649,775

Metal mining * 247 * 1,023

Coal mining — —

Oil and gas extraction * 592 * 9,529

Nonmetallic minerals, except

fuels * 24,870 639,223

Utilities * 1,060 * 11,606

Construction * 1,675 256,540

General building contractors * 455 * 139,379

Heavy construction contractors * 992 * 84,747

Special trade contractors * 228 * 21,520

Manufacturing 1,741,975 1,240,576

Food manufacturing * 1,363 * 16,539

Beverage and tobacco product

manufacturing * 776,423 * 550

Beverage manufactures * 739,658 * 550

Tobacco manufactures * 36,764 —

Textile mill and textile

products mills — * 749

Apparel manufacturing * 9,614 * 4,185

Wood product manufacturing — —

Paper manufacturing * 10,500 * 6,389

Printing and related support

activities * 1,186 * 11,631

Petroleum and coal products

manufacturing * 267,487 * 108,026

Chemical manufacturing * 118,692 225,808

Pharmaceutical and medicine

manufacturing * 105,265 * 73,258

Other chemical manufacturing 13,426 152,550

Plastics and rubber products

manufacturing * 13,424 * 1,409

Nonmeticallic mineral product

manufacturing * 887 * 3,157

Primary metal manufacturing * 7,550 * 2,065

Fabricated metal product

manufacturing * 5,872 * 96,646

Machinery manufacturing 85,721 80,081

Computer and electronic products 73,520 122,762

Electrical equipment, applicance,

and component * 35,171 * 24,959

Transportation equipment

manufacturing * 190,840 * 530,726

Motor vehicles and equipment * 8,867 * 1,902

Other transportation equipment

manufacturing * 181,973 * 528,824

Furniture and related products * 865 —

Miscellaneous manufacturing and

manufacturing not allocable 142,860 * 4,894

Wholesale and retail trade 348,695 286,624

Wholesale trade 246,151 105,017

Durable goods 193,405 52,668

Nondurable goods 52,746 52,348

Drugs, chemicals, and allied

products — * 8,835

Petroleum and petroleum

products * 27,516 * 3,481

Other miscellaneous wholesale

trade * 209 * 767

Other nondurable goods * 25,021 * 39,266

Retail trade 102,544 * 181,608

Motor vehicle and parts dealers — —

Food and beverage stores * 2,595 —

Clothing and clothing

accessories stores * 86,339 —

General merchandise stores — * 88,917

All other retail stores * 13,610 * 92,691

Transportation and warehousing * 4,649 5,510,783

Transportation * 4,649 5,510,783

Water transportation * 1,758 * 82,001

All other transportation * 2,891 5,428,782

Warehousing and storage * (2) —

Information 2,283,489 1,282,885

Publishing industries 205,085 * 86,524

Motion picture and sound

recording industries * 149,554 * 10,344

Broadcasting and

telecommunications * 1,928,850 * 220,553

Broadcasting * 1,925,621 * 100

Telecommunications * 3,229 * 220,452

Information and data processing

services — * 965,464

Finance, insurance, and real estate 700,719 1,368,707

Finance and insurance 679,460 1,339,714

Depository credit

intermediation * 3 * 3,232

Nondepository credit

intermediation * 2,736 * 404,496

Securities, commodity

contracts, etc 448,697 * 196,687

Insurance carriers and related

activities 228,023 723,088

Other finance and insurance — * 12,210

Real estate and rental and

leasing 21,259 * 28,993

Services 1,001,519 * 2,429,227

Professional, scientific, and

technical services 514,651 * 1,757,229

Management of companies (holding

companies) 349,480 * 187,439

Educational, health care, and

social assistance * 3,105 * 48,129

Arts, entertainment, and

recreation * 70,495 * 222,708

Accommodation and food services 8,843 * 8,206

Other services 54,946 205,515

Foreign income and taxes

reported on Form 1118

Deductions

Deductions

not

allocable

to specific

types of

income

Other

deductions

Major and selected minor allocable

industrial group to specific Total

types of

income

(31) (32)

All industries 87,584,590 94,247,133

Agriculture, forestry, fishing,

and hunting * 70,947 * 47,851

Mining 1,673,301 839,572

Metal mining * 143,590 * 75,076

Coal mining * 48,698 * 14,507

Oil and gas extraction * 905,383 * 232,596

Nonmetallic minerals, except

fuels 575,630 517,394

Utilities 563,072 644,273

Construction 77,058 45,019

General building contractors * 15,176 * 2,026

Heavy construction contractors * 4,808 * 25,786

Special trade contractors * 50,485 * 17,207

Manufacturing 39,069,409 33,984,654

Food manufacturing 1,490,929 843,769

Beverage and tobacco product

manufacturing 1,745,788 * 1,632,339

Beverage manufactures * 151,240 * 932,047

Tobacco manufactures * 1,594,548 * 700,292

Textile mill and textile

products mills * 54,134 74,245

Apparel manufacturing * 82,646 108,283

Wood product manufacturing * 12,541 * 32,184

Paper manufacturing 239,083 526,868

Printing and related support

activities * 5,096 * 2,143

Petroleum and coal products

manufacturing 12,690,469 2,095,690

Chemical manufacturing 6,473,900 7,153,959

Pharmaceutical and medicine

manufacturing 2,549,513 2,903,902

Other chemical manufacturing 3,924,387 4,250,056

Plastics and rubber products

manufacturing 355,188 282,101

Nonmeticallic mineral product

manufacturing 92,694 145,795

Primary metal manufacturing 363,867 479,051

Fabricated metal product

manufacturing 709,101 459,800

Machinery manufacturing 2,505,822 3,097,391

Computer and electronic products 4,991,571 10,292,161

Electrical equipment, applicance,

and component 3,966,744 2,803,864

Transportation equipment

manufacturing 2,430,581 3,236,829

Motor vehicles and equipment 1,081,806 2,661,100

Other transportation equipment

manufacturing 1,348,776 575,730

Furniture and related products * 28,449 * 28,385

Miscellaneous manufacturing and

manufacturing not allocable 830,806 689,797

Wholesale and retail trade 2,042,453 1,468,863

Wholesale trade 1,526,054 1,012,089

Durable goods 182,738 365,674

Nondurable goods 1,343,316 646,415

Drugs, chemicals, and allied

products * 172,187 * 32,246

Petroleum and petroleum

products * 10,865 * 3,527

Other miscellaneous wholesale

trade * 125,866 * 102,195

Other nondurable goods 1,034,397 508,447

Retail trade 516,399 456,774

Motor vehicle and parts dealers — —

Food and beverage stores * 907 * 249

Clothing and clothing

accessories stores * 160,928 63,477

General merchandise stores * 244,170 * 103,295

All other retail stores 110,394 289,753

Transportation and warehousing 2,279,064 239,751

Transportation 2,278,662 239,081

Water transportation * 657 * 23,716

All other transportation 2,278,005 215,365

Warehousing and storage * 401 * 670

Information 8,835,447 7,277,711

Publishing industries 4,579,988 5,912,750

Motion picture and sound

recording industries * 560,818 150,355

Broadcasting and

telecommunications * 3,551,285 * 962,816

Broadcasting * 346,534 * 521,829

Telecommunications * 3,204,752 * 440,987

Information and data processing

services * 143,355 251,790

Finance, insurance, and real estate 15,439,991 18,632,680

Finance and insurance 15,430,416 18,609,876

Depository credit

intermediation * 6,403 * 163,919

Nondepository credit

intermediation * 4,952,265 1,954,313

Securities, commodity

contracts, etc 3,715,784 9,849,713

Insurance carriers and related

activities 6,713,664 6,641,819

Other finance and insurance * 42,299 * 111

Real estate and rental and

leasing 9,575 * 22,805

Services 17,500,670 31,019,368

Professional, scientific, and

technical services 2,202,681 738,580

Management of companies (holding

companies) 13,962,273 29,518,787

Educational, health care, and

social assistance * 29,321 * 21,331

Arts, entertainment, and

recreation * 1,724 * 72,215

Accommodation and food services 1,207,706 450,357

Other services 96,965 218,097

Foreign income and taxes

reported on Form 1118

Deductions

Deductions not allocable

to specific types of

income

Research

Major and selected minor and Interest

industrial group development

(33) (34)

All industries 9,876,318 49,478,293

Agriculture, forestry, fishing,

and hunting * 24,454 * 10,035

Mining * 54,061 295,441

Metal mining — * 35,278

Coal mining — * 12,044

Oil and gas extraction * 1,292 * 130,821

Nonmetallic minerals, except

fuels * 52,769 117,299

Utilities * 398 597,950

Construction * 415 * 8,334

General building contractors — * 1,342

Heavy construction contractors * 144 * 3,348

Special trade contractors * 271 * 3,644

Manufacturing 7,230,395 12,813,048

Food manufacturing 53,048 538,037

Beverage and tobacco product

manufacturing * 53,142 * 404,087

Beverage manufactures — * 156,458

Tobacco manufactures * 53,142 * 247,629

Textile mill and textile

products mills * 12,147 * 53,556

Apparel manufacturing * 306 * 84,865

Wood product manufacturing * 130 * 17,174

Paper manufacturing 107,834 118,510

Printing and related support

activities * 1,039 * 276

Petroleum and coal products

manufacturing 130,764 1,502,739

Chemical manufacturing 1,597,673 2,724,054

Pharmaceutical and medicine

manufacturing 652,590 729,552

Other chemical manufacturing 945,083 1,994,502

Plastics and rubber products

manufacturing 81,314 110,785

Nonmeticallic mineral product

manufacturing * 35,209 81,140

Primary metal manufacturing * 43,018 269,352

Fabricated metal product

manufacturing 55,526 160,635

Machinery manufacturing 476,151 968,950

Computer and electronic products 3,621,416 1,168,228

Electrical equipment, applicance,

and component 111,181 2,317,307

Transportation equipment

manufacturing 703,182 2,066,854

Motor vehicles and equipment 552,662 1,846,307

Other transportation equipment

manufacturing * 150,520 220,547

Furniture and related products * 742 * 23,221

Miscellaneous manufacturing and

manufacturing not allocable 146,573 203,278

Wholesale and retail trade 32,916 595,729

Wholesale trade 25,935 467,718

Durable goods 15,168 156,436

Nondurable goods 10,767 311,282

Drugs, chemicals, and allied

products * 3,030 * 17,110

Petroleum and petroleum

products — * 211

Other miscellaneous wholesale

trade — * 2,140

Other nondurable goods 7,736 291,820

Retail trade * 6,981 128,010

Motor vehicle and parts dealers — —

Food and beverage stores — * 230

Clothing and clothing

accessories stores * 416 * 54,726

General merchandise stores * 10 * 53,386

All other retail stores * 6,555 19,669

Transportation and warehousing * 17,961 89,798

Transportation * 17,961 89,128

Water transportation — * 15,540

All other transportation * 17,961 73,588

Warehousing and storage — * 670

Information 2,140,229 997,890

Publishing industries 1,972,015 202,053

Motion picture and sound

recording industries — * 126,901

Broadcasting and

telecommunications * 76,352 * 612,784

Broadcasting * 15,162 * 291,450

Telecommunications * 61,190 * 321,334

Information and data processing

services * 91,862 56,151

Finance, insurance, and real estate * 55,721 11,746,321

Finance and insurance * 55,721 11,729,928

Depository credit

intermediation — * 117,449

Nondepository credit

intermediation * 46,561 * 1,047,569

Securities, commodity

contracts, etc * 4,865 9,245,909

Insurance carriers and related

activities * 4,296 1,318,890

Other finance and insurance — * 111

Real estate and rental and

leasing — * 16,393

Services 319,766 22,277,952

Professional, scientific, and

technical services 126,778 106,662

Management of companies (holding

companies) * 184,617 21,730,863

Educational, health care, and

social assistance — * 9,024

Arts, entertainment, and

recreation * 4,653 * 20,315

Accommodation and food services — * 259,545

Other services * 3,718 151,542

Foreign income and taxes

reported on Form 1118

Deductions

Deductions

not

allocable

to specific

types of

income

Deductions

from oil

Major and selected minor Other and gas

industrial group extraction

income (5)

(35) (36)

All industries 32,808,117 9,369,404

Agriculture, forestry, fishing,

and hunting * 10,090 —

Mining 463,133 * 178,756

Metal mining * 39,798 * 178,756

Coal mining — —

Oil and gas extraction * 100,482 —

Nonmetallic minerals, except

fuels 322,853 —

Utilities * 45,543 * 52

Construction * 23,061 —

General building contractors * 644 —

Heavy construction contractors * 21,304 —

Special trade contractors * 1,113 —

Manufacturing 13,585,976 9,069,121

Food manufacturing 235,427 —

Beverage and tobacco product

manufacturing * 1,117,361 —

Beverage manufactures * 717,840 —

Tobacco manufactures * 399,521 —

Textile mill and textile

products mills * 7,378 —

Apparel manufacturing * 17,779 —

Wood product manufacturing * 14,880 —

Paper manufacturing 291,444 —

Printing and related support

activities * 747 —

Petroleum and coal products

manufacturing 458,624 8,648,926

Chemical manufacturing 2,763,512 * 420,195

Pharmaceutical and medicine

manufacturing 1,472,465 —

Other chemical manufacturing 1,291,047 * 420,195

Plastics and rubber products

manufacturing 78,159 —

Nonmeticallic mineral product

manufacturing * 24,355 —

Primary metal manufacturing 163,192 —

Fabricated metal product

manufacturing 239,560 —

Machinery manufacturing 1,574,716 —

Computer and electronic products 5,476,204 —

Electrical equipment, applicance,

and component 367,557 —

Transportation equipment

manufacturing 437,672 —

Motor vehicles and equipment 240,583 —

Other transportation equipment

manufacturing * 197,090 —

Furniture and related products * 4,422 —

Miscellaneous manufacturing and

manufacturing not allocable 312,984 —

Wholesale and retail trade 786,058 * 110,976

Wholesale trade 479,698 * 110,976

Durable goods 171,400 —

Nondurable goods 308,298 * 110,976

Drugs, chemicals, and allied

products * 10,484 —

Petroleum and petroleum

products — —

Other miscellaneous wholesale

trade * 100,055 * 110,976

Other nondurable goods 197,759 —

Retail trade 306,360 —

Motor vehicle and parts dealers — —

Food and beverage stores — —

Clothing and clothing

accessories stores * 7,880 —

General merchandise stores * 49,899 —

All other retail stores 248,581 —

Transportation and warehousing 129,211 —

Transportation 129,211 —

Water transportation * 6,749 —

All other transportation 122,462 —

Warehousing and storage — —

Information 4,055,860 —

Publishing industries 3,665,721 —

Motion picture and sound

recording industries * 16,278 —

Broadcasting and

telecommunications * 270,767 —

Broadcasting * 215,217 —

Telecommunications * 55,550 —

Information and data processing

services * 103,094 —

Finance, insurance, and real estate 6,139,091 —

Finance and insurance 6,132,679 —

Depository credit

intermediation * 42,735 —

Nondepository credit

intermediation * 552,690 —

Securities, commodity

contracts, etc 525,685 —

Insurance carriers and related

activities 5,011,569 —

Other finance and insurance * (2) —

Real estate and rental and

leasing * 6,412 —

Services 7,568,575 —

Professional, scientific, and

technical services 466,476 —

Management of companies (holding

companies) 6,827,693 —

Educational, health care, and

social assistance * 11,568 —

Arts, entertainment, and

recreation * 36,199 —

Accommodation and food services * 176,321 —

Other services 50,318 —

Foreign income and taxes

reported on Form 1118

Taxable

income Adjustments

Major and selected minor (less loss) to taxable

industrial group before income

adjustments

(37) (38)

All industries 147,116,869 10,480,879

Agriculture, forestry, fishing,

and hunting 170,965 * 4,916

Mining 2,066,788 173,296

Metal mining 258,950 * 42,211

Coal mining * 47,940 —

Oil and gas extraction * 454,359 * 12,433

Nonmetallic minerals, except

fuels 1,305,540 * 118,652

Utilities 2,077,689 * 169,861

Construction 177,070 20,882

General building contractors 94,470 * 531

Heavy construction contractors 49,401 * 15,170

Special trade contractors 30,037 * 5,181

Manufacturing 91,703,034 3,963,115

Food manufacturing 3,623,042 203,275

Beverage and tobacco product

manufacturing 6,934,825 * 248,755

Beverage manufactures 2,991,175 * 248,755

Tobacco manufactures * 3,943,650 —

Textile mill and textile

products mills 89,164 * 19,713

Apparel manufacturing 628,302 * 130,620

Wood product manufacturing 42,078 —

Paper manufacturing 1,626,115 * 5,123

Printing and related support

activities 35,803 * 1,099

Petroleum and coal products

manufacturing 12,768,311 70,859

Chemical manufacturing 18,434,706 476,368

Pharmaceutical and medicine

manufacturing 9,072,116 * 4,108

Other chemical manufacturing 9,362,590 472,260

Plastics and rubber products

manufacturing 1,045,309 26,004

Nonmeticallic mineral product

manufacturing 579,520 * 148,350

Primary metal manufacturing 1,047,167 * 14,722

Fabricated metal product

manufacturing 1,815,179 24,692

Machinery manufacturing 6,887,947 185,513

Computer and electronic products 20,594,225 2,033,301

Electrical equipment, applicance,

and component 4,686,876 16,019

Transportation equipment

manufacturing 9,450,656 196,345

Motor vehicles and equipment 7,726,354 32,922

Other transportation equipment

manufacturing 1,724,302 * 163,423

Furniture and related products 164,564 * 3,387

Miscellaneous manufacturing and

manufacturing not allocable 1,249,244 158,969

Wholesale and retail trade 4,855,818 565,245

Wholesale trade 2,812,759 315,094

Durable goods 480,093 43,005

Nondurable goods 2,332,666 272,089

Drugs, chemicals, and allied

products * 194,711 * 52

Petroleum and petroleum

products 22,598 —

Other miscellaneous wholesale

trade 104,272 * 616

Other nondurable goods 2,011,086 271,421

Retail trade 2,043,059 250,161

Motor vehicle and parts dealers * 1,164 —

Food and beverage stores * 70,221 * 34,959

Clothing and clothing

accessories stores 1,014,150 * 146,159

General merchandise stores * 277,391 * 25,047

All other retail stores 680,132 * 43,986

Transportation and warehousing 1,051,003 14,909

Transportation 1,048,488 14,909

Water transportation 201,149 * 13,293

All other transportation 847,339 * 1,616

Warehousing and storage * 2,515 —

Information 11,290,825 3,462,969

Publishing industries 5,919,284 3,086,388

Motion picture and sound

recording industries 1,175,231 * 115,449

Broadcasting and

telecommunications 3,308,751 * 234,458

Broadcasting 970,955 * 233,724

Telecommunications 2,337,796 * 734

Information and data processing

services 887,559 * 26,674

Finance, insurance, and real estate 18,729,319 1,775,390

Finance and insurance 18,664,189 1,761,149

Depository credit

intermediation 37,652 * 894

Nondepository credit

intermediation 1,177,855 * 17,158

Securities, commodity

contracts, etc 6,995,515 1,082,667

Insurance carriers and related

activities 10,440,870 656,635

Other finance and insurance * 12,297 * 3,794

Real estate and rental and

leasing 65,130 * 14,241

Services 14,879,407 325,967

Professional, scientific, and

technical services 2,234,275 235,946

Management of companies (holding

companies) 10,499,962 3,879

Educational, health care, and

social assistance 138,515 * 17,802

Arts, entertainment, and

recreation 192,540 * 18,737

Accommodation and food services 1,227,769 * 15,947

Other services 586,345 33,658

Foreign income and taxes

reported on Form 1118

Foreign

taxes

available

for credit

Taxable

income

Major and selected minor (less loss) Total

industrial group after

adjustments

(39) (40)

All industries 136,635,990 47,575,987

Agriculture, forestry, fishing,

and hunting 166,049 63,034

Mining 1,893,492 1,022,018

Metal mining 216,739 196,018

Coal mining * 47,940 * 13,148

Oil and gas extraction * 441,925 * 486,855

Nonmetallic minerals, except

fuels 1,186,888 325,996

Utilities 1,907,828 797,846

Construction 156,188 67,637

General building contractors 93,939 41,009

Heavy construction contractors 34,231 12,976

Special trade contractors 24,856 12,314

Manufacturing 87,739,919 33,251,300

Food manufacturing 3,419,767 1,367,528

Beverage and tobacco product

manufacturing 6,686,070 2,029,453

Beverage manufactures 2,742,420 806,135

Tobacco manufactures * 3,943,650 * 1,223,318

Textile mill and textile

products mills 69,452 22,655

Apparel manufacturing 497,682 191,413

Wood product manufacturing 42,078 7,750

Paper manufacturing 1,620,992 607,118

Printing and related support

activities 34,704 4,227

Petroleum and coal products

manufacturing 12,697,452 6,752,874

Chemical manufacturing 17,958,337 6,808,021

Pharmaceutical and medicine

manufacturing 9,068,008 3,254,996

Other chemical manufacturing 8,890,329 3,553,026

Plastics and rubber products

manufacturing 1,019,305 428,606

Nonmeticallic mineral product

manufacturing 431,170 272,175

Primary metal manufacturing 1,032,445 457,831

Fabricated metal product

manufacturing 1,790,488 787,011

Machinery manufacturing 6,702,434 2,223,502

Computer and electronic products 18,560,923 5,690,032

Electrical equipment, applicance,

and component 4,670,856 1,963,485

Transportation equipment

manufacturing 9,254,311 3,196,787

Motor vehicles and equipment 7,693,432 2,866,108

Other transportation equipment

manufacturing 1,560,879 330,678

Furniture and related products 161,177 70,349

Miscellaneous manufacturing and

manufacturing not allocable 1,090,275 370,485

Wholesale and retail trade 4,290,573 1,554,476

Wholesale trade 2,497,666 959,780

Durable goods 437,089 132,170

Nondurable goods 2,060,577 827,610

Drugs, chemicals, and allied

products * 194,658 * 50,271

Petroleum and petroleum

products 22,598 3,505

Other miscellaneous wholesale

trade 103,655 104,945

Other nondurable goods 1,739,665 668,889

Retail trade 1,792,908 594,696

Motor vehicle and parts dealers * 1,164 * 118

Food and beverage stores * 35,262 * 10,268

Clothing and clothing

accessories stores 867,991 311,970

General merchandise stores * 252,344 * 98,807

All other retail stores 636,146 173,533

Transportation and warehousing 1,036,094 188,793

Transportation 1,033,579 187,780

Water transportation 187,856 86,009

All other transportation 845,723 101,771

Warehousing and storage * 2,515 * 1,014

Information 7,827,856 2,768,786

Publishing industries 2,832,896 1,429,423

Motion picture and sound

recording industries 1,059,782 217,946

Broadcasting and

telecommunications 3,074,293 850,278

Broadcasting 737,231 410,520

Telecommunications 2,337,062 439,758

Information and data processing

services 860,885 271,139

Finance, insurance, and real estate 16,953,929 3,343,076

Finance and insurance 16,903,040 3,307,725

Depository credit

intermediation 36,758 8,157

Nondepository credit

intermediation 1,160,697 229,606

Securities, commodity

contracts, etc 5,912,848 1,536,384

Insurance carriers and related

activities 9,784,235 1,531,736

Other finance and insurance * 8,503 * 1,841

Real estate and rental and

leasing 50,889 35,351

Services 14,553,440 4,470,585

Professional, scientific, and

technical services 1,998,330 532,482

Management of companies (holding

companies) 10,496,083 3,076,607

Educational, health care, and

social assistance 120,714 43,012

Arts, entertainment, and

recreation 173,804 62,406

Accommodation and food services 1,211,822 526,203

Other services 552,687 229,875

Foreign income and taxes

reported on Form 1118

Foreign taxes

available for credit

Reduction

Major and selected minor for certain

industrial group foreign Carryover

taxes

(41) (42)

All industries 2,476,970 9,368,659

Agriculture, forestry, fishing,

and hunting — * 2,694

Mining * 320,756 578,481

Metal mining * 301,304 * 353,777

Coal mining — * 224

Oil and gas extraction * 12,254 * 191,385

Nonmetallic minerals, except

fuels * 7,199 33,095

Utilities * 1,523 46,727

Construction — 10,919

General building contractors — * 7,709

Heavy construction contractors — * 1,095

Special trade contractors — * 2,116

Manufacturing 2,151,029 7,255,155

Food manufacturing — 137,210

Beverage and tobacco product

manufacturing — * 7,558

Beverage manufactures — * 708

Tobacco manufactures — * 6,850

Textile mill and textile

products mills — 4,912

Apparel manufacturing — * 855

Wood product manufacturing — * 396

Paper manufacturing — 31,900

Printing and related support

activities — * 1,313

Petroleum and coal products

manufacturing 2,125,749 3,980,754

Chemical manufacturing * 21,494 627,490

Pharmaceutical and medicine

manufacturing * 17 336,259

Other chemical manufacturing * 21,477 291,230

Plastics and rubber products

manufacturing — 27,874

Nonmeticallic mineral product

manufacturing — 51,357

Primary metal manufacturing * 2,608 126,281

Fabricated metal product

manufacturing — 178,283

Machinery manufacturing * 1,155 78,776

Computer and electronic products * 23 1,802,487

Electrical equipment, applicance,

and component — 9,957

Transportation equipment

manufacturing — 143,374

Motor vehicles and equipment — 131,152

Other transportation equipment

manufacturing — * 12,222

Furniture and related products — * 15,360

Miscellaneous manufacturing and

manufacturing not allocable — 29,016

Wholesale and retail trade * 137 361,988

Wholesale trade * 137 208,193

Durable goods — 15,779

Nondurable goods * 137 192,414

Drugs, chemicals, and allied

products — * 105

Petroleum and petroleum

products — * 488

Other miscellaneous wholesale

trade * 137 * 46,332

Other nondurable goods — 145,489

Retail trade — 153,795

Motor vehicle and parts dealers — * 2

Food and beverage stores — * 2,758

Clothing and clothing

accessories stores — * 80,511

General merchandise stores — * 56,079

All other retail stores — 14,444

Transportation and warehousing — 13,159

Transportation — 12,767

Water transportation — * 1,876

All other transportation — 10,891

Warehousing and storage — * 392

Information * 508 307,774

Publishing industries * 508 38,997

Motion picture and sound

recording industries — * 58,393

Broadcasting and

telecommunications — * 201,136

Broadcasting — * 122,857

Telecommunications — * 78,279

Information and data processing

services — * 9,249

Finance, insurance, and real estate — 241,484

Finance and insurance — 228,303

Depository credit

intermediation — * 623

Nondepository credit

intermediation — * 18,718

Securities, commodity

contracts, etc — 66,080

Insurance carriers and related

activities — 142,882

Other finance and insurance — * (2)

Real estate and rental and

leasing — 13,180

Services * 2,326 550,156

Professional, scientific, and

technical services — 111,356

Management of companies (holding

companies) * 2,326 245,552

Educational, health care, and

social assistance — * 14,954

Arts, entertainment, and

recreation — * 7,839

Accommodation and food services — 135,282

Other services — 35,173

Foreign income and taxes

reported on Form 1118

Foreign taxes

available for credit

Paid or

accrued

Total paid,

Major and selected minor accrued,

industrial group and deemed Total

paid

(43) (44)

All industries 40,684,298 13,608,822

Agriculture, forestry, fishing,

and hunting 60,340 16,414

Mining 764,294 646,320

Metal mining 143,545 126,630

Coal mining * 12,924 * 12,815

Oil and gas extraction * 307,724 * 294,560

Nonmetallic minerals, except

fuels 300,100 212,314

Utilities 752,642 163,985

Construction 56,718 25,220

General building contractors 33,300 8,470

Heavy construction contractors 11,881 9,760

Special trade contractors 10,199 5,652

Manufacturing 28,147,174 7,011,736

Food manufacturing 1,230,317 183,742

Beverage and tobacco product

manufacturing 2,021,894 403,673

Beverage manufactures 805,427 266,909

Tobacco manufactures * 1,216,467 * 136,764

Textile mill and textile

products mills 17,743 3,395

Apparel manufacturing 190,558 32,074

Wood product manufacturing 7,354 5,029

Paper manufacturing 575,218 89,523

Printing and related support

activities 2,914 1,491

Petroleum and coal products

manufacturing 4,897,869 2,004,548

Chemical manufacturing 6,202,026 1,123,788

Pharmaceutical and medicine

manufacturing 2,918,754 382,560

Other chemical manufacturing 3,283,272 741,228

Plastics and rubber products

manufacturing 400,731 56,759

Nonmeticallic mineral product

manufacturing 220,818 17,648

Primary metal manufacturing 334,158 76,083

Fabricated metal product

manufacturing 608,728 90,709

Machinery manufacturing 2,145,880 571,511

Computer and electronic products 3,887,568 1,191,072

Electrical equipment, applicance,

and component 1,953,527 564,088

Transportation equipment

manufacturing 3,053,413 525,490

Motor vehicles and equipment 2,734,957 426,467

Other transportation equipment

manufacturing 318,456 99,023

Furniture and related products 54,989 4,939

Miscellaneous manufacturing and

manufacturing not allocable 341,469 66,175

Wholesale and retail trade 1,192,625 445,015

Wholesale trade 751,724 246,840

Durable goods 116,391 31,966

Nondurable goods 635,333 214,874

Drugs, chemicals, and allied

products * 50,166 * 11,642

Petroleum and petroleum

products 3,017 2,995

Other miscellaneous wholesale

trade 58,750 5,146

Other nondurable goods 523,400 195,091

Retail trade 440,901 198,175

Motor vehicle and parts dealers * 116 * 116

Food and beverage stores * 7,510 * 7,510

Clothing and clothing

accessories stores 231,459 39,596

General merchandise stores * 42,728 * 32,108

All other retail stores 159,089 118,845

Transportation and warehousing 175,634 111,160

Transportation 175,013 110,989

Water transportation 84,133 * 67,072

All other transportation 90,880 43,916

Warehousing and storage * 621 * 171

Information 2,461,519 1,186,527

Publishing industries 1,390,934 899,259

Motion picture and sound

recording industries 159,553 40,290

Broadcasting and

telecommunications 649,142 203,160

Broadcasting 287,663 122,069

Telecommunications 361,478 81,092

Information and data processing

services 261,891 43,817

Finance, insurance, and real estate 3,101,592 1,730,942

Finance and insurance 3,079,421 1,716,109

Depository credit

intermediation 7,534 7,510

Nondepository credit

intermediation 210,889 169,182

Securities, commodity

contracts, etc 1,470,304 673,732

Insurance carriers and related

activities 1,388,854 863,843

Other finance and insurance * 1,841 * 1,841

Real estate and rental and

leasing 22,170 14,833

Services 3,922,755 2,269,990

Professional, scientific, and

technical services 421,126 240,551

Management of companies (holding

companies) 2,833,380 1,762,437

Educational, health care, and

social assistance 28,059 5,571

Arts, entertainment, and

recreation 54,567 34,770

Accommodation and food services 390,920 183,666

Other services 194,702 42,996

Foreign income and taxes

reported on Form 1118

Foreign taxes

available for credit

Paid or accrued

Taxes

withheld

at source

on–

Taxes

Major and selected minor withheld at

industrial group source on Interest

dividends

(45) (46)

All industries 2,193,964 784,126

Agriculture, forestry, fishing,

and hunting 1,798 * 965

Mining 12,727 10,429

Metal mining * 6 * 588

Coal mining * (2) * 1,591

Oil and gas extraction * 7019 * 5,178

Nonmetallic minerals, except

fuels * 5,702 3,072

Utilities 50,815 * 13,334

Construction 651 * 553

General building contractors 463 * 286

Heavy construction contractors * 54 * 9

Special trade contractors * 128 * 258

Manufacturing 1,651,031 153,943

Food manufacturing 82,398 5,004

Beverage and tobacco product

manufacturing * 108,751 * 6,686

Beverage manufactures * 48,076 * 6,680

Tobacco manufactures * 60,676 * 7

Textile mill and textile

products mills * 923 * 510

Apparel manufacturing * 11,939 * 75

Wood product manufacturing * 190 * 772

Paper manufacturing 33,985 2,551

Printing and related support

activities * 29 * 68

Petroleum and coal products

manufacturing 220,546 34,839

Chemical manufacturing 331,279 25,951

Pharmaceutical and medicine

manufacturing 171,901 9,915

Other chemical manufacturing 159,378 16,036

Plastics and rubber products

manufacturing 27,550 1,743

Nonmeticallic mineral product

manufacturing * 6,037 240

Primary metal manufacturing * 15,877 4,500

Fabricated metal product

manufacturing 43,390 2,825

Machinery manufacturing 226,512 12,209

Computer and electronic products 246,074 13,418

Electrical equipment, applicance,

and component 15,924 27,218

Transportation equipment

manufacturing 255,621 12,559

Motor vehicles and equipment 236,378 10,572

Other transportation equipment

manufacturing 19,243 * 1,987

Furniture and related products * 3,635 * 538

Miscellaneous manufacturing and

manufacturing not allocable 20,369 2,235

Wholesale and retail trade 102,024 15,176

Wholesale trade 92,815 14,239

Durable goods 7,739 5,208

Nondurable goods 85,076 9,031

Drugs, chemicals, and allied

products * 4,196 * 161

Petroleum and petroleum

products * 189 * 1,061

Other miscellaneous wholesale

trade * 2,971 * 257

Other nondurable goods 77,720 7,552

Retail trade 9,209 937

Motor vehicle and parts dealers * 2 * 27

Food and beverage stores * 2 * 270

Clothing and clothing

accessories stores * 2,249 * 144

General merchandise stores * 6,686 * 163

All other retail stores 271 * 332

Transportation and warehousing 3,926 3,827

Transportation 3,919 3,664

Water transportation * 1,060 * 102

All other transportation 2,859 3,562

Warehousing and storage * 7 * 164

Information 99,077 8,481

Publishing industries 47,741 1,020

Motion picture and sound

recording industries * 3,715 —

Broadcasting and

telecommunications * 32,283 * 6,002

Broadcasting * 4,312 * 771

Telecommunications * 27,972 * 5,230

Information and data processing

services * 15,338 * 1,459

Finance, insurance, and real estate 131,904 362,150

Finance and insurance 131,652 361,750

Depository credit

intermediation 204 * 7,037

Nondepository credit

intermediation * 17,627 * 5,921

Securities, commodity

contracts, etc 30,095 151,174

Insurance carriers and related

activities 83,723 197,619

Other finance and insurance * 3 —

Real estate and rental and

leasing 251 400

Services 139,713 215,244

Professional, scientific, and

technical services 10,758 363

Management of companies (holding

companies) 94,263 206,343

Educational, health care, and

social assistance * 664 * 7

Arts, entertainment, and

recreation * 6,858 * 27

Accommodation and food services * 11,937 6,491

Other services 15,233 2,013

Foreign income and taxes

reported on Form 1118

Foreign taxes

available for credit

Paid or accrued

Taxes Other

withheld taxes paid

at source or accrued

on– on–

Rents,

Major and selected minor royalties, Branch

industrial group and license income

fees

(47) (48)

All industries 2,213,430 4,861,563

Agriculture, forestry, fishing,

and hunting * 3,047 * 8,276

Mining 15,307 256,348

Metal mining * 25 * 459

Coal mining — * 11,224

Oil and gas extraction * 2,183 * 108,420

Nonmetallic minerals, except

fuels 13,099 * 136,245

Utilities — * 2,275

Construction 1,240 * 3,023

General building contractors * 462 * 2,316

Heavy construction contractors * 595 * 38

Special trade contractors * 183 * 668

Manufacturing 1,408,089 1,877,298

Food manufacturing 44,341 21,504

Beverage and tobacco product

manufacturing * 110,645 * 161,990

Beverage manufactures * 47,158 * 150,530

Tobacco manufactures * 63,488 * 11,460

Textile mill and textile

products mills * 1,431 * 306

Apparel manufacturing 15,229 * 4,559

Wood product manufacturing * 382 * 3,110

Paper manufacturing 27,166 * 25,274

Printing and related support

activities * 1,272 —

Petroleum and coal products

manufacturing 8,285 * 935,966

Chemical manufacturing 235,135 254,805

Pharmaceutical and medicine

manufacturing 75,079 88,558

Other chemical manufacturing 160,057 166,247

Plastics and rubber products

manufacturing 19,355 * 7,115

Nonmeticallic mineral product

manufacturing 4,808 * 661

Primary metal manufacturing * 3,990 * 19,477

Fabricated metal product

manufacturing 9,512 11,070

Machinery manufacturing 68,781 200,559

Computer and electronic products 716,001 128,288

Electrical equipment, applicance,

and component 13,320 6,075

Transportation equipment

manufacturing 105,340 81,090

Motor vehicles and equipment 80,109 * 48,407

Other transportation equipment

manufacturing 25,231 * 32,683

Furniture and related products 457 * 186

Miscellaneous manufacturing and

manufacturing not allocable 22,639 15,265

Wholesale and retail trade 80,222 199,476

Wholesale trade 23,242 91,143

Durable goods 3,746 7,433

Nondurable goods 19,496 83,710

Drugs, chemicals, and allied

products * 3,415 * 3,018

Petroleum and petroleum

products * 484 * 555

Other miscellaneous wholesale

trade * 229 * 993

Other nondurable goods 15,369 79,144

Retail trade 56,980 108,333

Motor vehicle and parts dealers * 80 —

Food and beverage stores * 7,238 —

Clothing and clothing

accessories stores 3,462 * 15,393

General merchandise stores * 7,873 * 15,103

All other retail stores 38,327 * 77,837

Transportation and warehousing * 3,173 27,677

Transportation * 3,173 27,677

Water transportation — * 8

All other transportation * 3,173 * 27,669

Warehousing and storage — —

Information 566,532 333,290

Publishing industries 431,250 296,357

Motion picture and sound

recording industries 7,580 * 2,571

Broadcasting and

telecommunications 117,077 * 32,929

Broadcasting * 110,847 —

Telecommunications * 6,230 * 32,929

Information and data processing

services * 10,625 * 1,433

Finance, insurance, and real estate 21,930 661,282

Finance and insurance 17,217 654,171

Depository credit

intermediation * 47 * 129

Nondepository credit

intermediation * 11,720 * 128,526

Securities, commodity

contracts, etc 2,717 202,500

Insurance carriers and related

activities 2,608 321,825

Other finance and insurance * 125 * 1,191

Real estate and rental and

leasing 4,713 * 7,111

Services 113,889 1,491,927

Professional, scientific, and

technical services 38,978 122,882

Management of companies (holding

companies) 3,823 1,260,657

Educational, health care, and

social assistance * 3,327 * 106

Arts, entertainment, and

recreation * 3,567 * 543

Accommodation and food services 57,494 * 96,502

Other services 6,698 * 11,235

Foreign income and taxes

reported on Form 1118

Foreign taxes

available for credit

Paid or accrued

Other taxes paid

or accrued on–

Specifically

allocable

Major and selected minor income Service

industrial group [section income

863(b)]

(49) (50)

All industries 8,524 387,240

Agriculture, forestry, fishing,

and hunting — * 21

Mining — 25,385

Metal mining — * 995

Coal mining — —

Oil and gas extraction — * 1424

Nonmetallic minerals, except

fuels — * 22,966

Utilities — * 2,521

Construction — 8,328

General building contractors — * 4,037

Heavy construction contractors — * 1,729

Special trade contractors — * 1,286

Manufacturing 2,726 118,969

Food manufacturing — * 5,322

Beverage and tobacco product

manufacturing * 642 * 872

Beverage manufactures * 642 * 872

Tobacco manufactures — —

Textile mill and textile

products mills * 74 * 64

Apparel manufacturing — * 155

Wood product manufacturing — —

Paper manufacturing — * 243

Printing and related support

activities — * 88

Petroleum and coal products

manufacturing — * 481

Chemical manufacturing * 762 19,662

Pharmaceutical and medicine

manufacturing * 558 * 5446

Other chemical manufacturing * 203 14,216

Plastics and rubber products

manufacturing — * 703

Nonmeticallic mineral product

manufacturing — * 3,102

Primary metal manufacturing — * 217

Fabricated metal product

manufacturing * 5 * 1,134

Machinery manufacturing * 54 24,311

Computer and electronic products * 286 15,055

Electrical equipment, applicance,

and component * 883 * 476

Transportation equipment

manufacturing * 16 * 46,414

Motor vehicles and equipment * 9 * 29,737

Other transportation equipment

manufacturing * 8 * 16,676

Furniture and related products — —

Miscellaneous manufacturing and

manufacturing not allocable * 4 * 670

Wholesale and retail trade * 259 8,526

Wholesale trade * 259 7,613

Durable goods * 259 1,073

Nondurable goods — 6,540

Drugs, chemicals, and allied

products — * 500

Petroleum and petroleum

products — * 361

Other miscellaneous wholesale

trade — * 315

Other nondurable goods — * 5,363

Retail trade — * 912

Motor vehicle and parts dealers — —

Food and beverage stores — —

Clothing and clothing

accessories stores — —

General merchandise stores — * 59

All other retail stores — * 853

Transportation and warehousing * 590 70,671

Transportation * 590 70,671

Water transportation — * 65,744

All other transportation * 590 4,927

Warehousing and storage — —

Information * 2,161 22,774

Publishing industries * 2,161 * 6,091

Motion picture and sound

recording industries — * 13

Broadcasting and

telecommunications — * 2,745

Broadcasting — * 76

Telecommunications — * 2,669

Information and data processing

services — 13,924

Finance, insurance, and real estate * 64 43,908

Finance and insurance * 64 41,974

Depository credit

intermediation — * 94

Nondepository credit

intermediation — * 4,377

Securities, commodity

contracts, etc — * 6,258

Insurance carriers and related

activities * 64 31,245

Other finance and insurance — —

Real estate and rental and

leasing — * 1,934

Services * 2,724 86,138

Professional, scientific, and

technical services * 2,724 51,410

Management of companies (holding

companies) — * 8,591

Educational, health care, and

social assistance — * 1,390

Arts, entertainment, and

recreation — * 11,515

Accommodation and food services — * 7,420

Other services — 5,811

Foreign income and taxes

reported on Form 1118

Foreign taxes

available for credit

Paid or

accrued

Other

taxes

paid or

accrued

on–

Taxes

Major and selected minor Other deemed

industrial group income paid

(51) (52)

All industries 3,159,976 27,075,476

Agriculture, forestry, fishing,

and hunting * 2,307 * 43,927

Mining 326,124 117,974

Metal mining 124,557 * 16,915

Coal mining — * 109

Oil and gas extraction * 170,336 * 13,164

Nonmetallic minerals, except

fuels 31,230 87,786

Utilities * 95,040 588,656

Construction 11,426 * 31,498

General building contractors * 906 * 24,831

Heavy construction contractors * 7,334 * 2,121

Special trade contractors * 3,129 * 4,546

Manufacturing 1,799,680 21,135,438

Food manufacturing 25,172 1,046,576

Beverage and tobacco product

manufacturing * 14,085 * 1,618,222

Beverage manufactures * 12,952 * 538,518

Tobacco manufactures * 11,33 * 1,079,703

Textile mill and textile

products mills * 87 14,348

Apparel manufacturing * 117 158,483

Wood product manufacturing * 575 * 2,325

Paper manufacturing * 303 485,695

Printing and related support

activities * 33 * 1,423

Petroleum and coal products

manufacturing 804,431 2,893,321

Chemical manufacturing 256,194 5,078,238

Pharmaceutical and medicine

manufacturing 31,103 2,536,194

Other chemical manufacturing 225,090 2,542,044

Plastics and rubber products

manufacturing * 293 343,973

Nonmeticallic mineral product

manufacturing * 2,801 203,170

Primary metal manufacturing 32,023 258,075

Fabricated metal product

manufacturing 22,773 518,019

Machinery manufacturing 39,085 1,574,369

Computer and electronic products 71,951 2,696,496

Electrical equipment, applicance,

and component 500,191 1,389,440

Transportation equipment

manufacturing 24,450 2,527,923

Motor vehicles and equipment * 21,255 2,308,489

Other transportation equipment

manufacturing * 3,195 219,434

Furniture and related products * 123 * 50,050

Miscellaneous manufacturing and

manufacturing not allocable 4,994 275,293

Wholesale and retail trade 39,332 747,611

Wholesale trade 17,528 504,884

Durable goods 6,508 84,425

Nondurable goods 11,020 420,459

Drugs, chemicals, and allied

products * 352 * 38,524

Petroleum and petroleum

products * 345 * 22

Other miscellaneous wholesale

trade * 382 * 53,604

Other nondurable goods 9,942 328,308

Retail trade 21,804 242,727

Motor vehicle and parts dealers * 6 —

Food and beverage stores * (2) —

Clothing and clothing

accessories stores * 18,348 * 191,863

General merchandise stores * 2,224 * 10,620

All other retail stores * 1,225 40,244

Transportation and warehousing * 1294 64,475

Transportation * 1294 64,024

Water transportation * 157 * 17,060

All other transportation * 1,137 46,964

Warehousing and storage — * 450

Information 154,212 1,274,993

Publishing industries 114,639 491,674

Motion picture and sound

recording industries * 26,410 * 119,264

Broadcasting and

telecommunications 12,125 * 445,981

Broadcasting * 6,063 * 165,595

Telecommunications * 6,061 * 280,387

Information and data processing

services * 1,039 * 218,073

Finance, insurance, and real estate 509,705 1,370,650

Finance and insurance 509,281 1,363,312

Depository credit

intermediation * (2) * 24

Nondepository credit

intermediation * 1,011 * 41,706

Securities, commodity

contracts, etc 280,989 796,571

Insurance carriers and related

activities 226,759 525,011

Other finance and insurance * 521 —

Real estate and rental and

leasing 424 * 7,337

Services 220,357 1,652,764

Professional, scientific, and

technical services 13,436 180,575

Management of companies (holding

companies) 188,759 1,070,944

Educational, health care, and

social assistance * 76 * 22,488

Arts, entertainment, and

recreation * 12,259 * 19,798

Accommodation and food services * 3,821 * 207,254

Other services 2,005 151,705

Footnotes and Notes to Table 1:

* Data should be used with caution because of the small number

of returns on which they were based.

(1) Interest-Charge Domestic International Sales Corporation

(IC-DISC) and Domestic International Sales Corporation (DISC).

(2) Less than $500.

(3) In addition to the credits shown in columns 12-14, this is after

reduction by other credits, such as the jobs credit and the investment

credit, which are not shown separately in this table.

(4) Included in gross income (less loss), columns 16-22. See notes

below.

(5) Included in deductions, columns 26-35. See notes below.

NOTES: Detail may not add to totals because of rounding. Columns 2

through 15 present statistics on assets, receipts, income, and taxes

reported on Form 1120 (Corporation Income Tax Return) series for

corporations claiming a foreign tax credit. Columns 16 through 52

present statistics from Form 1118, Foreign Tax Credit–Corporations.

Schedule references indicate the schedule of Form 1118 from which the

data were obtained. Columns 16 through 36 present statistics on

foreign income (i.e., income from sources outside the United States)

and deductions reported primarily on Schedule A, Form 1118. Although

the amounts of oil and gas income and deductions (columns 23 and 36,

respectively) are contained in the summary columns (i.e., columns 16

through 22 and 26 through 35), these amounts are also reported

separately (on Schedule I) because oil and gas income is subject to

special rules under Internal Revenue Code section 907, which may

result in a reduction of foreign taxes available for credit. Code

section 863(b) income (income partly within and partly without the

United States) and foreign branch income are also included in the

summary amounts reported in columns 16 through 22 and are also

reported separately (on Schedule F) in columns 24 and 25. Total

deductions not allocable to specific types of income (column 32)

are equal to the sum of columns 33 through 35 (any differences are

due to taxpayer reporting practices). Total foreign-source gross

income (column 16) less total foreign deductions (column 26) is equal

to foreign-source taxable income before adjustments (column 37).

Adjustments to foreign-source taxable income (reported in column 38)

include allocations of current-year U.S.-source losses and recapture

of foreign losses, as well as other adjustments. These adjustments

(reported on Schedule J) affect the numerator of the limitation

fraction used to compute the foreign tax credit. The foreign-source

taxable income after adjustments (the numerator of the limitation

fraction) is reported in column 39. The limitation fraction, which

represents the ratio of foreign-source taxable income after adjustments

to total (U.S. and foreign) taxable income after adjustments, is

applied to the total U.S. tax against which the credit is allowed to

determine any limitation on the foreign tax credit.

Statistics on foreign taxes are reported in columns 40 through 52.

Data on foreign taxes paid, accrued, and deemed paid (through related

foreign corporations or their subsidiaries) from Schedule B, Form 1118,

are reported in columns 43 through 52. Total foreign taxes paid or

accrued (column 44) are the sum of columns 45 through 51 (any

differences are due to taxpayer reporting practices). Total foreign

taxes paid, accrued, and deemed paid (column 43) are equal to the sum

of total taxes paid or accrued (column 44) and taxes deemed paid

(column 52). Total foreign taxes paid, accrued, and deemed paid are

then adjusted for certain items (e.g., reductions of foreign taxes

under Code section 907 related to oil and gas income), which are

reported in column 41, as well as carryovers of foreign taxes not

credited in prior years, which are reported in column 42. Thus, total

foreign taxes available for credit (column 40) are equal to total

foreign taxes paid, accrued, and deemed paid (column 43) less certain

foreign taxes (column 41), plus any carryover of prior-year foreign

taxes (column 42).

Table 1b.–U.S. Corporation Returns with a Foreign Tax Credit: Total

Assets, Income, Tax, and Credits, and foreign Income and Tax Reported

on Form 1118, by Selected Industrial Group (by SIC Classification)

[All figures are estimates based on samples–money

amounts are in thousands of dollars]

Major and selected minor Number of Total

industrial group returns assets

(1) (2)

All industries 5,927 15,174,244,548

Agriculture, forestry, and fishing 107 3,584,855

Mining 164 95,033,214

Metal mining 10 9,300,850

Coal mining 6 * 20,175,491

Oil and gas extraction 85 60,386,800

Nonmetallic minerals, except

fuels 12 5,154,412

Construction 220 16,101,731

General building contractors 126 9,218,346

Heavy construction contractors 27 5,550,593

Special trade contractors 56 1,253,496

Manufacturing 1,634 4,074,287,782

Food and kindred products 71 353,657,639

Tobacco manufactures 5 * 88,665,073

Textile mill products 22 11,870,499

Apparel and other textile

products 53 18,424,587

Lumber and wood products 17 29,986,598

Furniture and fixtures 14 11,610,561

Paper and allied products 30 61,031,956

Printing and publishing 93 134,492,655

Industrial plastics and

synthetic material 97 305,936,905

Drugs 56 216,278,719

Other chemicals 104 97,365,661

Petroleum (including integrated)

and coal products 22 506,570,319

Rubber and miscellaneous

plastics products 88 25,829,173

Leather and leather products 9 * 2,194,565

Stone, clay, and glass products 30 29,803,155

Primary metal industries 41 91,274,273

Fabricated metal products 140 70,917,190

Office, computing, and

accounting equipment 24 93,773,312

Other machinery, except

electrical 219 122,170,287

Electrical and electronic

equipment 185 754,441,654

Motor vehicles and equipment 41 733,451,305

Transportation equipment, except

motor vehicles 46 151,779,874

Instruments and related products 109 128,059,480

Miscellaneous manufacturing and

manufacturing not allocable 69 30,498,856

Transportation and public utilities 160 672,935,385

Transportation 86 106,154,096

Water transportation 36 5,214,507

All other transportation 48 100,898,780

Communication 32 246,682,526

Electric, gas, and sanitary

services 39 319,982,046

Wholesale and retail trade 782 424,052,069

Wholesale trade 513 201,266,182

Groceries and related products 10 2,258,588

Machinery, equipment, and

supplies 57 8,128,163

Miscellaneous wholesale trade 445 190,879,431

Drugs, chemicals, and allied

products 19 24,914,265

Petroleum and petroleum

products 8 * 17,311,893

Other miscellaneous wholesale

trade 288 147,570,289

Retail trade 270 222,785,887

Building materials, garden

supplies, and mobile home

dealers 14 * 20,148,216

General merchandise stores 8 * 99,635,030

Food stores 10 5,316,006

Automotive dealers and service

station 18 * 451,576

Apparel and accessory stores 13 27,948,693

Furniture and home furnishing

stores 11 3,366,439

Eating and drinking places 29 44,737,280

All other retail stores 166 21,170,067

Finance, insurance, and real estate 1,724 9,526,885,253

Banking 300 3,311,684,955

Credit agencies other than banks 26 1,463,301,969

Security, commodity brokers, and

services 83 1,304,938,129

Insurance 234 3,197,539,541

Insurance agents, brokers, and

service 56 54,024,165

Real estate 362 132,306,625

Holding and other investment

companies, except bank holding

companies 659 62,685,204

Services 1,133 361,259,647

Hotels and other lodging places 13 29,691,649

Personal services 11 6,442,025

Business services 260 154,944,036

Auto repair;

miscellaneous repair services 14 7,092,225

Amusement and recreation services 140 76,792,014

All other services 686 85,952,282

Dividends

Major and selected minor Total received from

industrial group receipts foreign

corporations

(3) (4)

All industries 5,367,522,238 35,296,572

Agriculture, forestry, and fishing 4,283,187 * 21,820

Mining 38,818,332 151,192

Metal mining 4,801,377 * 9,271

Coal mining * 5,866,352 * 23

Oil and gas extraction 23,660,962 114,481

Nonmetallic minerals, except

fuels 4,343,023 * 27,324

Construction 24,358,101 28,843

General building contractors 17,733,227 16,821

Heavy construction contractors 4,646,661 * 3,843

Special trade contractors 1,943,057 * 8,179

Manufacturing 2,513,671,091 27,469,828

Food and kindred products 175,764,299 2,847,837

Tobacco manufactures * 51,913,650 * 1,236,016

Textile mill products 12,293,698 4,626

Apparel and other textile

products 21,376,534 217,837

Lumber and wood products 19,803,825 * 5,588

Furniture and fixtures 13,037,164 * 69,458

Paper and allied products 46,285,844 538,600

Printing and publishing 67,963,111 235,049

Industrial plastics and

synthetic material 133,137,526 1,987,913

Drugs 143,789,492 2,358,108

Other chemicals 103,823,860 1,693,801

Petroleum (including integrated)

and coal products 298,995,959 5,041,934

Rubber and miscellaneous

plastics products 29,214,531 429,188

Leather and leather products * 32,203,85 * 4,980

Stone, clay, and glass products 22,894,144 226,221

Primary metal industries 70,649,912 459,780

Fabricated metal products 55,993,377 679,729

Office, computing, and

accounting equipment 97,550,552 1,923,365

Other machinery, except

electrical 122,804,163 2,741,364

Electrical and electronic

equipment 355,341,773 1,486,283

Motor vehicles and equipment 373,844,864 2,416,266

Transportation equipment, except

motor vehicles 152,092,506 328,819

Instruments and related products 109,163,444 281,467

Miscellaneous manufacturing and

manufacturing not allocable 27,238,220 249,579

Transportation and public utilities 366,206,189 1,639,361

Transportation 97,966,029 71,291

Water transportation 3,254,417 * 11,131

All other transportation 94,630,485 59,272

Communication 143,533,627 * 36,873

Electric, gas, and sanitary

services 124,539,421 1,231,196

Wholesale and retail trade 679,808,010 1,710,436

Wholesale trade 273,664,027 961,978

Groceries and related products 3,804,623 * 6,653

Machinery, equipment, and

supplies 7,904,869 * 13,758

Miscellaneous wholesale trade 261,954,535 941,567

Drugs, chemicals, and allied

products 33,814,377 * 75,904

Petroleum and petroleum

products * 10,339,775 * 90,077

Other miscellaneous wholesale

trade 216,628,689 774,418

Retail trade 406,143,984 748,459

Building materials, garden

supplies, and mobile home

dealers * 42,521,495 * 43,676

General merchandise stores * 240,025,855 * 8,003

Food stores 10,394,638 * 4

Automotive dealers and service

station * 1,390,642 * 167

Apparel and accessory stores 42,908,181 * 530,607

Furniture and home furnishing

stores 2,506,762 * 2,445

Eating and drinking places 27,402,608 * 159,269

All other retail stores 38,962,191 * 4,287

Finance, insurance, and real estate 1,485,647,335 3,155,182

Banking 306,383,259 845,381

Credit agencies other than banks 119,186,187 * 420,809

Security, commodity brokers, and

services 147,961,669 281,885

Insurance 846,688,164 796,912

Insurance agents, brokers, and

service 13,285,310 72,972

Real estate 32,894,694 94,728

Holding and other investment

companies, except bank holding

companies 18,491,181 641,884

Services 254,606,500 1,096,456

Hotels and other lodging places 31,863,249 * 25,045

Personal services 6,593,329 * 32,281

Business services 122,040,305 758,000

Auto repair;

miscellaneous repair services 5,641,239 * 2,253

Amusement and recreation services 35,641,540 * 176,280

All other services 51,727,814 100,781

Includable

Dividends income of

Major and selected minor received from Controlled

industrial group IC-DISC’s or Foreign

former DISC’s Corporations

(5) (6)

All industries 19,520 22,187,348

Agriculture, forestry, and fishing — * 16,116

Mining — 208,842

Metal mining — * 364

Coal mining — * 3,777

Oil and gas extraction — 204,701

Nonmetallic minerals, except

fuels — —

Construction — * 36,305

General building contractors — * 36,243

Heavy construction contractors — * 62

Special trade contractors — —

Manufacturing 19,520 15,129,035

Food and kindred products * 66 830,700

Tobacco manufactures — * 1,124,323

Textile mill products — * 23,742

Apparel and other textile

products * 31 * 89,734

Lumber and wood products — * 53,881

Furniture and fixtures — * 61,170

Paper and allied products — 156,636

Printing and publishing * 21 * 71,460

Industrial plastics and

synthetic material * 9,441 876,131

Drugs * 1,026 2,059,262

Other chemicals * 767 550,540

Petroleum (including integrated)

and coal products — 1,081,502

Rubber and miscellaneous

plastics products * 602 39,963

Leather and leather products — * 3,314

Stone, clay, and glass products — * 29,811

Primary metal industries — 269,497

Fabricated metal products * 1,063 312,468

Office, computing, and

accounting equipment — 460,842

Other machinery, except

electrical * 3,094 707,255

Electrical and electronic

equipment * 656 2,623,823

Motor vehicles and equipment — 2,286,353

Transportation equipment, except

motor vehicles * 537 234,973

Instruments and related products * 1,347 1,084,584

Miscellaneous manufacturing and

manufacturing not allocable * 850 85,277

Transportation and public utilities — 1,180,148

Transportation — 89,493

Water transportation — * 61,319

All other transportation — 28,174

Communication — * 592,581

Electric, gas, and sanitary

services — 498,074

Wholesale and retail trade — 820,799

Wholesale trade — 508,393

Groceries and related products — * 265

Machinery, equipment, and

supplies — * 5,346

Miscellaneous wholesale trade — 502,782

Drugs, chemicals, and allied

products — * 42,548

Petroleum and petroleum

products — * 49,648

Other miscellaneous wholesale

trade — 390,205

Retail trade — 312,406

Building materials, garden

supplies, and mobile home

dealers — —

General merchandise stores — * 65,769

Food stores — —

Automotive dealers and service

station — * 7

Apparel and accessory stores — * 135,566

Furniture and home furnishing

stores — * 9,985

Eating and drinking places — * 63,469

All other retail stores — * 37,610

Finance, insurance, and real estate * (2) 4,123,434

Banking — 921,235

Credit agencies other than banks — * 407,083

Security, commodity brokers, and

services * (2) 649,041

Insurance — 1,750,215

Insurance agents, brokers, and

service — * 41,095

Real estate — * 3,110

Holding and other investment

companies, except bank holding

companies — 350,889

Services — 659,205

Hotels and other lodging places — * 13,424

Personal services — * 822

Business services — 544,188

Auto repair;

miscellaneous repair services — * 5,918

Amusement and recreation services — * 29,935

All other services — 62,121

Foreign

dividend

income

Major and selected minor resulting from Net income

industrial group foreign taxes (less deficit)

deemed paid

(gross-up)

(7) (8)

All industries 27,092,409 398,898,244

Agriculture, forestry, and fishing * 42,782 524,523

Mining 112,335 4,147,891

Metal mining * 3,097 606,201

Coal mining * 997 * 365,294

Oil and gas extraction 91,239 2,769,431

Nonmetallic minerals, except

fuels * 17,001 402,111

Construction 32,630 973,898

General building contractors * 25,963 517,288

Heavy construction contractors * 2,121 375,170

Special trade contractors * 4,546 79,363

Manufacturing 21,506,856 198,568,318

Food and kindred products 1,649,484 13,107,334

Tobacco manufactures * 1,114,659 * 7,624,782

Textile mill products 7,789 469,662

Apparel and other textile

products 164,313 2,051,342

Lumber and wood products * 2,626 778,764

Furniture and fixtures * 56,395 1,143,789

Paper and allied products 481,273 4,039,028

Printing and publishing 110,460 6,683,275

Industrial plastics and

synthetic material 1,323,133 10,757,189

Drugs 2,505,855 20,286,959

Other chemicals 1,215,054 9,493,491

Petroleum (including integrated)

and coal products 2,921,797 21,182,883

Rubber and miscellaneous

plastics products 327,859 2,297,462

Leather and leather products * 3,713 * 209,676

Stone, clay, and glass products 150,926 2,699,818

Primary metal industries 318,929 3,443,473

Fabricated metal products 498,800 6,031,625

Office, computing, and

accounting equipment 1,369,173 11,024,116

Other machinery, except

electrical 1,466,680 12,768,712

Electrical and electronic

equipment 2,358,487 28,257,254

Motor vehicles and equipment 2,305,503 14,565,432

Transportation equipment, except

motor vehicles 237,186 6,218,031

Instruments and related products 767,287 11,068,207

Miscellaneous manufacturing and

manufacturing not allocable 145,874 2,090,700

Transportation and public utilities 1,145,926 40,064,661

Transportation 63,516 7,002,879

Water transportation * 16,979 486,260

All other transportation 46,121 6,507,851

Communication * 357,348 20,001,054

Electric, gas, and sanitary

services 725,062 13,037,964

Wholesale and retail trade 832,089 30,454,071

Wholesale trade 405,101 9,378,747

Groceries and related products * 1,301 128,248

Machinery, equipment, and

supplies * 7,778 435,635

Miscellaneous wholesale trade 396,022 8,814,865

Drugs, chemicals, and allied

products * 69,486 713,251

Petroleum and petroleum

products * 55,975 * 350,182

Other miscellaneous wholesale

trade 257,029 7,589,152

Retail trade 426,988 21,075,324

Building materials, garden

supplies, and mobile home

dealers * 31,906 * 2,949,054

General merchandise stores * 10,960 * 9,785,892

Food stores — 332,702

Automotive dealers and service

station — * 42,549

Apparel and accessory stores * 191,858 3,720,526

Furniture and home furnishing

stores * 1,634 163,028

Eating and drinking places * 186,309 2,529,229

All other retail stores * 4,322 1,551,969

Finance, insurance, and real estate 2,439,859 101,941,949

Banking 606,456 26,260,749

Credit agencies other than banks * 138,427 5,927,835

Security, commodity brokers, and

services 692,054 9,861,688

Insurance 453,884 52,889,296

Insurance agents, brokers, and

service * 71,436 1,933,942

Real estate * 2,720 1,332,972

Holding and other investment

companies, except bank holding

companies 474,167 3,701,134

Services 970,732 22,185,305

Hotels and other lodging places * 20,467 1,401,357

Personal services * 20,204 1,346,588

Business services 767,061 12,483,461

Auto repair;

miscellaneous repair services * 3,996 276,896

Amusement and recreation services * 96,612 2,822,438

All other services 61,739 3,808,918

U.S. income

tax before

credits

Income

Major and selected minor subject to Total

industrial group U.S. tax

(9) (10)

All industries 377,129,783 132,740,630

Agriculture, forestry, and fishing 500,095 175,522

Mining 3,866,280 1,398,196

Metal mining 555,978 212,134

Coal mining * 343,811 * 128,393

Oil and gas extraction 2,563,513 914,555

Nonmetallic minerals, except

fuels 398,163 142,078

Construction 922,097 323,166

General building contractors 473,621 165,402

Heavy construction contractors 372,490 131,582

Special trade contractors 73,924 25,560

Manufacturing 185,943,283 65,542,089

Food and kindred products 12,160,424 4,297,812

Tobacco manufactures * 7,356,266 * 2,575,377

Textile mill products 431,727 150,471

Apparel and other textile

products 2,032,983 720,175

Lumber and wood products 746,643 261,081

Furniture and fixtures 1,122,214 393,423

Paper and allied products 3,895,780 1,379,059

Printing and publishing 6,133,778 2,158,242

Industrial plastics and

synthetic material 9,428,678 3,355,717

Drugs 18,665,518 6,539,410

Other chemicals 9,248,899 3,265,697

Petroleum (including integrated)

and coal products 20,693,021 7,253,421

Rubber and miscellaneous

plastics products 2,199,926 771,096

Leather and leather products * 206,687 * 72,063

Stone, clay, and glass products 2,501,265 876,245

Primary metal industries 3,216,331 1,126,287

Fabricated metal products 5,769,483 2,017,253

Office, computing, and

accounting equipment 10,863,315 3,913,571

Other machinery, except

electrical 11,645,087 4,085,825

Electrical and electronic

equipment 25,950,300 9,069,071

Motor vehicles and equipment 13,938,180 5,049,549

Transportation equipment, except

motor vehicles 5,524,409 1,933,136

Instruments and related products 10,005,152 3,506,188

Miscellaneous manufacturing and

manufacturing not allocable 1,982,993 692,739

Transportation and public utilities 39,178,320 13,735,369

Transportation 6,378,475 2,275,545

Water transportation 427,277 153,573

All other transportation 5,942,432 2,118,991

Communication 19,836,675 6,915,389

Electric, gas, and sanitary

services 12,948,838 4,539,558

Wholesale and retail trade 29,888,664 10,476,109

Wholesale trade 8,899,756 3,121,614

Groceries and related products 126,639 43,989

Machinery, equipment, and

supplies 388,663 134,711

Miscellaneous wholesale trade 8,384,454 2,942,914

Drugs, chemicals, and allied

products 594,644 211,677

Petroleum and petroleum

products * 306,584 * 107,173

Other miscellaneous wholesale

trade 7,330,665 2,572,163

Retail trade 20,988,909 7,354,495

Building materials, garden

supplies, and mobile home

dealers * 2,947,119 * 1,031,378

General merchandise stores * 9,741,478 * 3,409,765

Food stores 331,070 114,357

Automotive dealers and service

station * 42,064 * 14,425

Apparel and accessory stores 3,718,355 1,312,151

Furniture and home furnishing

stores 161,363 55,811

Eating and drinking places 2,510,700 879,932

All other retail stores 1,536,446 536,569

Finance, insurance, and real estate 95,892,380 33,737,730

Banking 25,723,785 9,036,799

Credit agencies other than banks 5,693,391 1,992,568

Security, commodity brokers, and

services 9,313,231 3,270,743

Insurance 48,181,415 16,997,445

Insurance agents, brokers, and

service 2,201,602 764,277

Real estate 1,207,311 425,434

Holding and other investment

companies, except bank holding

companies 3,537,337 1,238,659

Services 20,902,122 7,339,653

Hotels and other lodging places 1,364,685 479,013

Personal services 1,344,174 470,311

Business services 11,664,641 4,104,880

Auto repair;

miscellaneous repair services 171,004 61,643

Amusement and recreation services 2,640,500 921,990

All other services 3,672,387 1,286,419

U.S. income

tax before

credits

Regular and

Major and selected minor alternative Foreign tax

industrial group minimum credit

tax claimed

(11) (12)

All industries 132,832,709 37,338,380

Agriculture, forestry, and fishing 175,520 52,931

Mining 1,397,159 504,285

Metal mining 212,134 90,904

Coal mining * 128,393 * 62,483

Oil and gas extraction 913,523 335,656

Nonmetallic minerals, except

fuels 142,073 15,229

Construction 319,907 70,498

General building contractors 164,162 50,517

Heavy construction contractors 129,775 11,828

Special trade contractors 25,348 7,791

Manufacturing 65,641,464 27,171,848

Food and kindred products 4,297,805 1,939,616

Tobacco manufactures * 2,575,377 * 1,228,545

Textile mill products 150,471 9,369

Apparel and other textile

products 719,993 165,124

Lumber and wood products 261,081 8,886

Furniture and fixtures 393,435 57,306

Paper and allied products 1,379,314 549,375

Printing and publishing 2,157,936 158,780

Industrial plastics and

synthetic material 3,355,818 1,521,323

Drugs 6,539,410 2,644,473

Other chemicals 3,265,697 1,356,731

Petroleum (including integrated)

and coal products 7,260,725 4,295,129

Rubber and miscellaneous

plastics products 771,592 321,530

Leather and leather products * 72,063 * 12,309

Stone, clay, and glass products 876,102 143,440

Primary metal industries 1,137,950 395,210

Fabricated metal products 2,018,145 599,144

Office, computing, and

accounting equipment 3,913,516 3,062,138

Other machinery, except

electrical 4,086,438 1,850,891

Electrical and electronic

equipment 9,159,453 2,666,334

Motor vehicles and equipment 5,037,701 2,582,991

Transportation equipment, except

motor vehicles 1,932,987 328,002

Instruments and related products 3,505,153 1,086,682

Miscellaneous manufacturing and

manufacturing not allocable 694,057 173,186

Transportation and public utilities 13,740,278 1,198,523

Transportation 2,275,545 148,191

Water transportation 153,573 55,058

All other transportation 2,118,991 91,593

Communication 6,920,929 411,647

Electric, gas, and sanitary

services 4,538,930 637,459

Wholesale and retail trade 10,477,054 1,276,965

Wholesale trade 3,121,472 537,639

Groceries and related products 43,989 3,350

Machinery, equipment, and

supplies 134,715 15,030

Miscellaneous wholesale trade 2,942,769 519,259

Drugs, chemicals, and allied

products 211,663 89,888

Petroleum and petroleum

products * 107,173 * 32,522

Other miscellaneous wholesale

trade 2,572,031 387,244

Retail trade 7,355,582 739,326

Building materials, garden

supplies, and mobile home

dealers * 1,031,378 * 29,783

General merchandise stores * 3,409,765 * 66,168

Food stores 115,743 10,938

Automotive dealers and service

station * 14,425 * 557

Apparel and accessory stores 1,312,151 234,535

Furniture and home furnishing

stores 56,180 2,567

Eating and drinking places 879,265 367,663

All other retail stores 536,569 27,113

Finance, insurance, and real estate 33,732,319 5,581,569

Banking 9,036,705 2,076,142

Credit agencies other than banks 1,992,568 524,201

Security, commodity brokers, and

services 3,269,452 1,054,742

Insurance 16,996,572 1,356,070

Insurance agents, brokers, and

service 764,277 70,467

Real estate 423,644 17,341

Holding and other investment

companies, except bank holding

companies 1,237,296 480,937

Services 7,336,212 1,470,371

Hotels and other lodging places 478,673 40,307

Personal services 470,311 21,441

Business services 4,102,185 1,107,272

Auto repair;

miscellaneous repair services 61,562 4,783

Amusement and recreation services 921,990 171,511

All other services 1,286,093 123,331

U.S. General

Major and selected minor possessions business

industrial group tax credit credit

(13) (14)

All industries 339,990 3,855,629

Agriculture, forestry, and fishing — * 5,461

Mining — * 56,252

Metal mining — —

Coal mining — * 1

Oil and gas extraction — * 55,666

Nonmetallic minerals, except

fuels — * 585

Construction — * 10,507

General building contractors — * 10,278

Heavy construction contractors — * 227

Special trade contractors — * 2

Manufacturing 333,719 2,345,425

Food and kindred products * 45,211 66,104

Tobacco manufactures — * 17,332

Textile mill products — * 3,068

Apparel and other textile

products * 229 * 4,112

Lumber and wood products — * 618

Furniture and fixtures — * 5,825

Paper and allied products * 114 50,819

Printing and publishing * 348 5,414

Industrial plastics and

synthetic material * 1,878 81,014

Drugs * 237,337 462,366

Other chemicals * 1,840 80,336

Petroleum (including integrated)

and coal products — * 151,794

Rubber and miscellaneous

plastics products * 784 11,733

Leather and leather products — * 506

Stone, clay, and glass products — 10,215

Primary metal industries — 20,075

Fabricated metal products — 29,691

Office, computing, and

accounting equipment — 67,841

Other machinery, except

electrical * 43 57,211

Electrical and electronic

equipment — 550,938

Motor vehicles and equipment — 420,301

Transportation equipment, except

motor vehicles — 65,429

Instruments and related products * 45,934 160,774

Miscellaneous manufacturing and

manufacturing not allocable — 17,717

Transportation and public utilities — 281,424

Transportation — 36,416

Water transportation — * 1,460

All other transportation — 34,955

Communication — 115,513

Electric, gas, and sanitary

services — 129,495

Wholesale and retail trade — 173,663

Wholesale trade — 52,166

Groceries and related products — —

Machinery, equipment, and

supplies — * 1,872

Miscellaneous wholesale trade — 50,294

Drugs, chemicals, and allied

products — * 2,486

Petroleum and petroleum

products — * 5,701

Other miscellaneous wholesale

trade — 42,107

Retail trade — 121,497

Building materials, garden

supplies, and mobile home

dealers — * 7,281

General merchandise stores — * 57,640

Food stores — * 1,645

Automotive dealers and service

station — 38

Apparel and accessory stores — * 6,187

Furniture and home furnishing

stores — * 193

Eating and drinking places — 38,247

All other retail stores — 10,256

Finance, insurance, and real estate — 701,540

Banking — 344,496

Credit agencies other than banks — * 63,772

Security, commodity brokers, and

services — 26,940

Insurance — 246,363

Insurance agents, brokers, and

service — * 7,598

Real estate — * 3,814

Holding and other investment

companies, except bank holding

companies — 8,520

Services * 6,271 281,357

Hotels and other lodging places * 6,271 * 38,617

Personal services — * 1,842

Business services — 194,774

Auto repair;

miscellaneous repair services — * 1,142

Amusement and recreation services — * 13,409

All other services — 30,952

Foreign

income and

taxes

reported on

Form 1118

Gross

income

(less loss)

U.S. income

Major and selected minor tax after Total

industrial group credits (3)

(15) (16)

All industries 88,652,512 349,386,789

Agriculture, forestry, and fishing 114,937 285,435

Mining 810,693 5,537,629

Metal mining 118,074 1,149,376

Coal mining * 65,895 * 488,956

Oil and gas extraction 504,440 3,830,365

Nonmetallic minerals, except

fuels 121,262 68,839

Construction 235,333 699,779

General building contractors 98,240 392,846

Heavy construction contractors 119,422 208,339

Special trade contractors 17,575 96,477

Manufacturing 34,658,931 175,788,740

Food and kindred products 2,195,003 11,051,056

Tobacco manufactures * 1,320,415 * 6,412,358

Textile mill products 133,917 76,735

Apparel and other textile

products 550,713 989,431

Lumber and wood products 226,523 142,965

Furniture and fixtures 330,089 246,481

Paper and allied products 762,691 2,395,056

Printing and publishing 1,991,424 5,209,003

Industrial plastics and

synthetic material 1,604,750 10,037,665

Drugs 3,147,847 14,461,763

Other chemicals 1,826,506 7,678,029

Petroleum (including integrated)

and coal products 2,402,413 27,901,527

Rubber and miscellaneous

plastics products 388,096 1,700,258

Leather and leather products * 59,249 * 146,620

Stone, clay, and glass products 704,686 942,347

Primary metal industries 665,004 2,451,399

Fabricated metal products 1,372,805 3,205,723

Office, computing, and

accounting equipment 770,156 16,454,054

Other machinery, except

electrical 2,152,970 10,318,942

Electrical and electronic

equipment 5,832,481 24,956,701

Motor vehicles and equipment 2,014,728 11,268,229

Transportation equipment, except

motor vehicles 1,522,958 4,408,784

Instruments and related products 2,124,567 11,731,509

Miscellaneous manufacturing and

manufacturing not allocable 500,634 1,446,673

Transportation and public utilities 11,556,307 20,865,576

Transportation 1,646,362 9,084,396

Water transportation 85,724 306,120

All other transportation 1,559,198 8,768,119

Communication 6,365,598 7,883,226

Electric, gas, and sanitary

services 3,540,750 3,888,203

Wholesale and retail trade 8,739,864 10,000,750

Wholesale trade 2,318,751 5,152,708

Groceries and related products 37,809 59,532

Machinery, equipment, and

supplies 114,746 234,636

Miscellaneous wholesale trade 2,166,196 4,858,540

Drugs, chemicals, and allied

products 94,469 687,121

Petroleum and petroleum

products * 55,850 * 339,621

Other miscellaneous wholesale

trade 1,973,971 3,774,287

Retail trade 6,421,113 4,848,042

Building materials, garden

supplies, and mobile home

dealers * 994,314 * 89,418

General merchandise stores * 3,220,983 * 715,165

Food stores 101,774 84,804

Automotive dealers and service

station * 13,765 * 12,293

Apparel and accessory stores 1,069,646 1,105,845

Furniture and home furnishing

stores 52,749 34,803

Eating and drinking places 471,921 2,308,071

All other retail stores 495,866 497,625

Finance, insurance, and real estate 26,985,727 109,353,735

Banking 6,510,705 53,753,319

Credit agencies other than banks 1,403,324 16,357,242

Security, commodity brokers, and

services 2,097,491 12,576,796

Insurance 15,135,975 23,684,583

Insurance agents, brokers, and

service 681,608 403,097

Real estate 402,384 603,580

Holding and other investment

companies, except bank holding

companies 744,137 1,958,326

Services 5,549,313 26,807,506

Hotels and other lodging places 393,784 655,156

Personal services 447,029 99,882

Business services 2,775,665 19,605,488

Auto repair;

miscellaneous repair services 55,684 50,422

Amusement and recreation services 736,860 3,946,056

All other services 1,127,474 2,411,948

Foreign income and taxes

reported on Form 1118

Gross income (less loss)

Foreign

dividend

income

Major and selected minor Dividends resulting from

industrial group foreign taxes

deemed paid

(gross-up)

(17) (18)

All industries 60,541,096 27,074,099

Agriculture, forestry, and fishing 56,952 * 42,782

Mining 347,907 112,335

Metal mining * 9,635 * 3,097

Coal mining 5,237 * 997

Oil and gas extraction 305,631 91,239

Nonmetallic minerals, except

fuels * 27,310 * 17,001

Construction 95,216 32,627

General building contractors 83,235 * 25,960

Heavy construction contractors * 3,908 * 2,121

Special trade contractors 8,073 * 4,546

Manufacturing 45,611,630 21,488,230

Food and kindred products 3,760,822 1,649,593

Tobacco manufactures * 2,370,305 * 1,103,909

Textile mill products 28,157 7,789

Apparel and other textile

products 307,488 164,315

Lumber and wood products * 55,215 * 2,626

Furniture and fixtures 130,628 * 56,395

Paper and allied products 785,638 481,273

Printing and publishing 340,223 110,460

Industrial plastics and

synthetic material 3,207,742 1,322,956

Drugs 4,329,884 2,502,427

Other chemicals 2,258,089 1,215,606

Petroleum (including integrated)

and coal products 6,137,025 2,920,129

Rubber and miscellaneous

plastics products 473,946 327,859

Leather and leather products * 8,293 * 3,713

Stone, clay, and glass products 329,201 150,926

Primary metal industries 765,368 318,862

Fabricated metal products 1,011,003 499,003

Office, computing, and

accounting equipment 2,396,863 1,369,173

Other machinery, except

electrical 4,068,873 1,466,367

Electrical and electronic

equipment 5,136,356 2,356,017

Motor vehicles and equipment 4,648,874 2,305,548

Transportation equipment, except

motor vehicles 598,047 237,186

Instruments and related products 2,105,014 766,622

Miscellaneous manufacturing and

manufacturing not allocable 340,801 145,874

Transportation and public utilities 2,818,518 1,145,429

Transportation 159,553 63,516

Water transportation * 72,012 * 16,979

All other transportation 86,653 46,121

Communication 928,771 * 357,293

Electric, gas, and sanitary

services 1,730,195 724,620

Wholesale and retail trade 2,522,847 832,143

Wholesale trade 1,464,378 405,146

Groceries and related products * 6,914 * 1,301

Machinery, equipment, and

supplies 19,105 * 7,778

Miscellaneous wholesale trade 1,438,359 396,067

Drugs, chemicals, and allied

products * 116,435 * 69,530

Petroleum and petroleum

products * 139,722 * 55,978

Other miscellaneous wholesale

trade 1,160,642 257,029

Retail trade 1,058,469 426,997

Building materials, garden

supplies, and mobile home

dealers * 43,698 * 31,906

General merchandise stores * 73,812 * 10,960

Food stores * 10 —

Automotive dealers and service

station * 175 —

Apparel and accessory stores * 666,141 * 191,863

Furniture and home furnishing

stores * 12,430 * 1,637

Eating and drinking places * 220,665 * 186,309

All other retail stores 41,538 * 4,322

Finance, insurance, and real estate 7,149,158 2,438,877

Banking 1,804,201 605,892

Credit agencies other than banks 774,571 * 138,427

Security, commodity brokers, and

services 838,724 692,054

Insurance 2,532,278 453,456

Insurance agents, brokers, and

service 112,771 * 71,434

Real estate 97,885 * 2,720

Holding and other investment

companies, except bank holding

companies 987,352 474,180

Services 1,901,950 972,476

Hotels and other lodging places * 38,469 * 20,467

Personal services * 33,103 * 20,204

Business services 1,306,195 767,370

Auto repair;

miscellaneous repair services * 8,019 * 3,996

Amusement and recreation services 346,883 * 96,611

All other services 164,667 63,174

Foreign income and taxes

reported on Form 1118

Gross income (less loss)

Rents,

Major and selected minor royalties,

industrial group Interest and

license fees

(19) (20)

All industries 68,413,782 55,875,295

Agriculture, forestry, and fishing * 26,048 * 19,842

Mining 217,728 397,328

Metal mining * 32,979 * 267

Coal mining * 65,083 * 28,475

Oil and gas extraction 111,975 363,688

Nonmetallic minerals, except

fuels * 7,691 * 4,898

Construction 10,327 62,688

General building contractors * 5,707 * 48,976

Heavy construction contractors * 2,274 * 7,816

Special trade contractors * 2,345 * 3,780

Manufacturing 9,484,570 38,330,878

Food and kindred products 345,371 2,134,463

Tobacco manufactures * 57,025 * 1,166,241

Textile mill products * 4,194 * 18,636

Apparel and other textile

products 29,807 348,188

Lumber and wood products * 33,450 * 10,499

Furniture and fixtures * 9,203 11,273

Paper and allied products 44,233 512,362

Printing and publishing 20,858 2,541,890

Industrial plastics and

synthetic material 420,956 1,811,764

Drugs 251,517 2,794,200

Other chemicals 146,190 1,845,157

Petroleum (including integrated)

and coal products 3,801,909 498,907

Rubber and miscellaneous

plastics products 63,006 383,945

Leather and leather products * 1,710 * 61,302

Stone, clay, and glass products 32,165 135,049

Primary metal industries 146,422 137,310

Fabricated metal products 139,315 255,955

Office, computing, and

accounting equipment 256,597 10,297,921

Other machinery, except

electrical 442,670 693,220

Electrical and electronic

equipment 2,074,137 3,796,075

Motor vehicles and equipment 403,197 1,707,216

Transportation equipment, except

motor vehicles 418,810 733,669

Instruments and related products 303,085 5,878,926

Miscellaneous manufacturing and

manufacturing not allocable 20,348 496,308

Transportation and public utilities 810,465 391,954

Transportation 53,008 72,391

Water transportation * 6,741 * 110

All other transportation 46,194 72,281

Communication 149,305 268,236

Electric, gas, and sanitary

services 608,152 * 51,327

Wholesale and retail trade 583,221 1,501,570

Wholesale trade 319,207 363,315

Groceries and related products * 2,325 * 5,899

Machinery, equipment, and

supplies 11,988 * 12,998

Miscellaneous wholesale trade 304,894 344,418

Drugs, chemicals, and allied

products * 15,275 * 33,512

Petroleum and petroleum

products * 4,110 * 309

Other miscellaneous wholesale

trade 285,044 310,526

Retail trade 264,015 1,138,254

Building materials, garden

supplies, and mobile home

dealers — * 13,156

General merchandise stores * 21,179 * 137,559

Food stores * 12,166 * 71,218

Automotive dealers and service

station * 247 * 11,679

Apparel and accessory stores * 7,584 * 83,259

Furniture and home furnishing

stores * 187 * 12,896

Eating and drinking places * 200,080 667,270

All other retail stores * 22,570 141,216

Finance, insurance, and real estate 56,781,286 2,543,806

Banking 34,704,362 1,379,414

Credit agencies other than banks 7,482,252 * 252,139

Security, commodity brokers, and

services 6,933,236 * 17,310

Insurance 7,161,860 812,240

Insurance agents, brokers, and

service * 14,789 * 15

Real estate 396,280 * 21,560

Holding and other investment

companies, except bank holding

companies 88,492 61,127

Services 500,136 12,626,868

Hotels and other lodging places 59,209 * 88,170

Personal services * 4,714 * 20,137

Business services 272,646 9,336,728

Auto repair;

miscellaneous repair services * 1,357 * 23,753

Amusement and recreation services * 151,228 2,925,024

All other services 10,788 227,942

Foreign income and taxes

reported on Form 1118

Gross income (less loss)

Major and selected minor Service Other

industrial group income income

(21) (22)

All industries 23,414,004 114,068,512

Agriculture, forestry, and fishing * 945 * 138,866

Mining 2,154,382 2,307,949

Metal mining * 265,367 * 838,030

Coal mining * -14,039 * 403,203

Oil and gas extraction 1,902,891 1,054,941

Nonmetallic minerals, except

fuels * 163 * 11,776

Construction 372,694 126,227

General building contractors 217,458 * 11,510

Heavy construction contractors * 126,403 * 65,818

Special trade contractors 28,832 * 48,899

Manufacturing 3,553,378 57,320,053

Food and kindred products 158,641 3,002,166

Tobacco manufactures — * 1,714,878

Textile mill products * 851 * 17,109

Apparel and other textile

products * 12,782 * 126,851

Lumber and wood products * 113 * 41,063

Furniture and fixtures * 7,631 * 31,351

Paper and allied products * 50,881 520,669

Printing and publishing 136,745 2,058,826

Industrial plastics and

synthetic material 185,339 3,088,909

Drugs * 195,728 4,388,007

Other chemicals 44,385 2,168,601

Petroleum (including integrated)

and coal products * 96,823 14,446,735

Rubber and miscellaneous

plastics products * 35,444 416,058

Leather and leather products * 13,693 * 57,908

Stone, clay, and glass products * 61,879 233,128

Primary metal industries 28,615 1,054,822

Fabricated metal products 110,425 1,190,022

Office, computing, and

accounting equipment * 328,278 1,805,221

Other machinery, except

electrical 221,865 3,425,947

Electrical and electronic

equipment 1,171,215 10,422,900

Motor vehicles and equipment * 3,865 2,199,530

Transportation equipment, except

motor vehicles 624,461 1,796,611

Instruments and related products 51,133 2,626,729

Miscellaneous manufacturing and

manufacturing not allocable * 11,879 431,463

Transportation and public utilities 9,092,416 6,606,793

Transportation 8,698,324 37,604

Water transportation * 182,869 * 27,410

All other transportation 8,506,682 * 10,187

Communication 259,594 5,920,028

Electric, gas, and sanitary

services 129,308 644,602

Wholesale and retail trade 309,391 4,251,578

Wholesale trade 104,981 2,495,681

Groceries and related products * 1,634 * 41,459

Machinery, equipment, and

supplies * 3,752 179,015

Miscellaneous wholesale trade 99,594 2,275,207

Drugs, chemicals, and allied

products * 14,049 438,320

Petroleum and petroleum

products * 3,444 * 136,059

Other miscellaneous wholesale

trade 81,662 1,679,384

Retail trade 204,410 1,755,897

Building materials, garden

supplies, and mobile home

dealers — * 658

General merchandise stores * 191,669 * 279,987

Food stores — * 1,410

Automotive dealers and service

station — * 192

Apparel and accessory stores — 156,997

Furniture and home furnishing

stores — * 7,653

Eating and drinking places * 7,539 * 1,026,207

All other retail stores * 5,203 282,776

Finance, insurance, and real estate 2,644,466 37,796,142

Banking 520,891 14,738,560

Credit agencies other than banks * 2,340 7,707,511

Security, commodity brokers, and

services 379,365 3,716,107

Insurance 1,467,088 11,257,661

Insurance agents, brokers, and

service * 140,696 * 63,393

Real estate * 74,026 11,109

Holding and other investment

companies, except bank holding

companies 60,060 287,115

Services 5,286,331 5,519,746

Hotels and other lodging places * 106,473 * 342,368

Personal services * 16,472 * 5,253

Business services 3,089,796 4,832,753

Auto repair;

miscellaneous repair services * 5,865 * 7,431

Amusement and recreation services * 326,979 * 99,330

All other services 1,740,163 205,214

Foreign income and taxes

reported on Form 1118

Gross income (less loss)

Oil and gas

extraction Foreign

Major and selected minor income branch

industrial group (less income (4)

loss) (4)

(23) (24)

All industries 15,127,351 87,251,267

Agriculture, forestry, and fishing — —

Mining 472,333 2,007,499

Metal mining — * 220,753

Coal mining — * 61,285

Oil and gas extraction * 461,279 1,701,647

Nonmetallic minerals, except

fuels * 11,054 * 23,814

Construction — * 107,451

General building contractors — * 60,014

Heavy construction contractors — * 27,581

Special trade contractors — * 19,856

Manufacturing 14,509,761 21,589,235

Food and kindred products — 1,686,674

Tobacco manufactures — * 954,818

Textile mill products — * 1,639

Apparel and other textile

products — * 122,504

Lumber and wood products — * 952

Furniture and fixtures — * 23,406

Paper and allied products — 15,641

Printing and publishing — 269,734

Industrial plastics and

synthetic material * 1,335,459 1,115,467

Drugs — 1,287,087

Other chemicals — 1,357,243

Petroleum (including integrated)

and coal products 13,174,302 9,090,042

Rubber and miscellaneous

plastics products — 142,337

Leather and leather products — * 9,840

Stone, clay, and glass products — * 63,539

Primary metal industries — 391,176

Fabricated metal products — 315,735

Office, computing, and

accounting equipment — 1,154,855

Other machinery, except

electrical — 574,462

Electrical and electronic

equipment — 1,042,464

Motor vehicles and equipment — * 1,110,706

Transportation equipment, except

motor vehicles — 427,944

Instruments and related products — 284,282

Miscellaneous manufacturing and

manufacturing not allocable — 144,802

Transportation and public utilities * 13,226 6,119,843

Transportation — 4,724,738

Water transportation — * 26,636

All other transportation — * 4,698,101

Communication — * 607,694

Electric, gas, and sanitary

services * 13,226 787,411

Wholesale and retail trade * 111,489 2,329,487

Wholesale trade * 111,489 794,889

Groceries and related products — * 13,972

Machinery, equipment, and

supplies — * 24,412

Miscellaneous wholesale trade * 111,489 756,506

Drugs, chemicals, and allied

products — * 330,704

Petroleum and petroleum

products * 111,489 * 3,608

Other miscellaneous wholesale

trade — 422,194

Retail trade — 1,534,597

Building materials, garden

supplies, and mobile home

dealers — —

General merchandise stores — * 284,521

Food stores — —

Automotive dealers and service

station — —

Apparel and accessory stores — * 13,702

Furniture and home furnishing

stores — —

Eating and drinking places — * 959,583

All other retail stores — * 276,792

Finance, insurance, and real estate * 20,542 49,311,082

Banking — 34,193,438

Credit agencies other than banks — * 5,465,375

Security, commodity brokers, and

services — * 343,090

Insurance — 9,165,065

Insurance agents, brokers, and

service — * 54,976

Real estate — * 34,814

Holding and other investment

companies, except bank holding

companies * 20,542 54,323

Services — 5,785,513

Hotels and other lodging places — * 339,753

Personal services — * 01,670

Business services — 4,878,678

Auto repair;

miscellaneous repair services — * 935

Amusement and recreation services — * 175,354

All other services — 365,427

Foreign income and taxes

reported on Form 1118

Gross

income Deductions

(less loss)

Specifically

allocable

Major and selected minor income Total

industrial group [section

863(b)] (4)

(25) (26)

All industries 9,176,112 202,269,920

Agriculture, forestry, and fishing * 127,202 * 115,564

Mining — 3,462,161

Metal mining — * 876,391

Coal mining — * 284,929

Oil and gas extraction — 2,283,875

Nonmetallic minerals, except

fuels — * 16,965

Construction * 23,307 458,270

General building contractors * 23,307 235,121

Heavy construction contractors — 155,226

Special trade contractors — * 67,004

Manufacturing 8,538,198 80,943,008

Food and kindred products * 71,879 4,297,904

Tobacco manufactures — * 2,390,864

Textile mill products * 4,676 32,541

Apparel and other textile

products * 1,788 296,541

Lumber and wood products — * 56,401

Furniture and fixtures * 960 * 69,353

Paper and allied products * 43,218 781,672

Printing and publishing * 3,671 3,760,614

Industrial plastics and

synthetic material * 119,928 5,083,615

Drugs * 444,041 5,458,801

Other chemicals * 225,167 3,297,801

Petroleum (including integrated)

and coal products * 472,640 15,055,260

Rubber and miscellaneous

plastics products * 16,195 690,218

Leather and leather products — * 71,593

Stone, clay, and glass products * 80,075 417,517

Primary metal industries * 58,910 1,237,755

Fabricated metal products * 12,483 1,333,091

Office, computing, and

accounting equipment * 41,602 6,613,897

Other machinery, except

electrical 252,776 4,381,134

Electrical and electronic

equipment 5,281,063 13,096,633

Motor vehicles and equipment * 327,587 3,657,824

Transportation equipment, except

motor vehicles * 78,952 2,642,022

Instruments and related products 1,000,587 5,401,336

Miscellaneous manufacturing and

manufacturing not allocable — 772,380

Transportation and public utilities * 1,132 14,020,153

Transportation * 1,132 8,039,025

Water transportation — * 108,142

All other transportation * 1,132 7,925,273

Communication — 4,514,299

Electric, gas, and sanitary

services — 1,461,136

Wholesale and retail trade * 86,253 4,737,737

Wholesale trade * 86,253 2,607,891

Groceries and related products — * 47,190

Machinery, equipment, and

supplies * 11,485 139,194

Miscellaneous wholesale trade * 72,454 2,421,507

Drugs, chemicals, and allied

products * 48,075 355,849

Petroleum and petroleum

products — * 228,842

Other miscellaneous wholesale

trade * 24,379 1,809,221

Retail trade * 2,314 2,129,846

Building materials, garden

supplies, and mobile home

dealers — * 3,909

General merchandise stores — * 437,436

Food stores — * 4,282

Automotive dealers and service

station — * 6,200

Apparel and accessory stores — 166,639

Furniture and home furnishing

stores — * 12,773

Eating and drinking places * 125 1,236,659

All other retail stores * 2,189 261,948

Finance, insurance, and real estate * 2,140 80,205,399

Banking — 44,588,772

Credit agencies other than banks — 12,363,752

Security, commodity brokers, and

services — 8,513,284

Insurance — 14,065,403

Insurance agents, brokers, and

service — 200,094

Real estate — 65,722

Holding and other investment

companies, except bank holding

companies * 144 398,213

Services 397,880 18,326,211

Hotels and other lodging places — * 489,482

Personal services * 3,167 * 26,379

Business services 245,969 12,716,652

Auto repair;

miscellaneous repair services — 22,115

Amusement and recreation services * 142,579 3,329,168

All other services * 6,164 1,710,331

Foreign income and taxes

reported on Form 1118

Deductions

Deductions allocable to

specific types of income

Rental,

royalty, and

licensing

expenses

Depreciation,

Total depletion,

Major and selected minor and

industrial group amortization

(27) (28)

All industries 108,022,787 1,290,753

Agriculture, forestry, and fishing * 70,985 —

Mining 2,619,659 102,587

Metal mining * 692,728 * 830

Coal mining * 244,603 —

Oil and gas extraction 1,675,451 101,757

Nonmetallic minerals, except

fuels * 6,876 —

Construction 383,923 * 2,089

General building contractors 204,282 * 10

Heavy construction contractors * 117,511 * 1,148

Special trade contractors * 61,211 * 25

Manufacturing 45,083,686 231,239

Food and kindred products 2,450,022 * 1,504

Tobacco manufactures * 1,650,364 —

Textile mill products * 7,205 —

Apparel and other textile

products 151,153 * 53

Lumber and wood products * 14,522 —

Furniture and fixtures * 30,863 * 1,034

Paper and allied products 255,588 * 5

Printing and publishing 2,143,176 * 432

Industrial plastics and

synthetic material 2,550,648 * 4,526

Drugs 2,697,371 —

Other chemicals 1,685,067 * 1,148

Petroleum (including integrated)

and coal products 12,984,024 * 11,673

Rubber and miscellaneous

plastics products 416,670 * 3,688

Leather and leather products * 28,320 * 39

Stone, clay, and glass products 182,477 * 31

Primary metal industries 753,662 * 121,368

Fabricated metal products 706,451 * 3,955

Office, computing, and

accounting equipment 1,892,105 * 4

Other machinery, except

electrical 2,100,492 * 1,723

Electrical and electronic

equipment 6,764,787 * 6,820

Motor vehicles and equipment 1,070,808 * 15,482

Transportation equipment, except

motor vehicles 2,131,142 * 41,371

Instruments and related products 1,987,459 * 1,907

Miscellaneous manufacturing and

manufacturing not allocable 419,208 * 14,270

Transportation and public utilities 12,389,580 7,347

Transportation 7,800,446 * 1,503

Water transportation * 84,426 * 333

All other transportation 7,710,411 * 1,169

Communication 3,949,526 * 60

Electric, gas, and sanitary

services 638,078 * 5,784

Wholesale and retail trade 3,008,232 4,915

Wholesale trade 1,445,111 3,490

Groceries and related products * 41,978 * 1,290

Machinery, equipment, and

supplies * 66,489 * 855

Miscellaneous wholesale trade 1,336,644 * 1,344

Drugs, chemicals, and allied

products * 40,169 —

Petroleum and petroleum

products * 126,647 —

Other miscellaneous wholesale

trade 1,149,624 * 1,344

Retail trade 1,563,122 * 1,426

Building materials, garden

supplies, and mobile home

dealers — —

General merchandise stores * 333,843 * 369

Food stores * 3,489 —

Automotive dealers and service

station * 6,200 —

Apparel and accessory stores * 113,155 —

Furniture and home furnishing

stores * 6,704 —

Eating and drinking places 885,508 —

All other retail stores * 214,222 * 1,057

Finance, insurance, and real estate 32,351,951 691,380

Banking 14,925,464 * 427,782

Credit agencies other than banks 7,590,320 * 64,763

Security, commodity brokers, and

services 1,846,172 * 151,091

Insurance 7,504,116 * 45,290

Insurance agents, brokers, and

service * 167,619 * 209

Real estate 53,240 * 2,003

Holding and other investment

companies, except bank holding

companies 255,389 * 241

Services 12,114,300 251,195

Hotels and other lodging places * 396,530 * 4,593

Personal services * 17,005 —

Business services 7,357,647 19,785

Auto repair;

miscellaneous repair services * 13,389 * 144

Amusement and recreation services 2,836,096 * 225,955

All other services 1,463,994 * 718

Foreign income and

taxes reported on

Form 1118

Deductions

Deductions allocable

to specific types of

income

Rental,

royalty,

and

licensing

expenses

Major and selected minor Service

industrial group Other expenses

(29) (30)

All industries 6,110,720 13,036,724

Agriculture, forestry, and fishing * 307 —

Mining 33,994 665,804

Metal mining * 95 * 18,190

Coal mining — —

Oil and gas extraction 33,885 647,507

Nonmetallic minerals, except

fuels * 14 * 107

Construction * 1,686 273,016

General building contractors * 455 * 151,980

Heavy construction contractors * 992 * 99,516

Special trade contractors * 228 * 21,520

Manufacturing 1,954,701 1,307,834

Food and kindred products * 741,022 * 18,645

Tobacco manufactures * 36,764 —

Textile mill products — * 725

Apparel and other textile

products * 14,539 * 4,209

Lumber and wood products — —

Furniture and fixtures — * 2,055

Paper and allied products * 10,465 * 6,198

Printing and publishing 121,619 * 70,228

Industrial plastics and

synthetic material * 12,411 * 111,889

Drugs * 105,265 * 44,199

Other chemicals * 1,168 * 14,167

Petroleum (including integrated)

and coal products * 267,321 * 108,026

Rubber and miscellaneous

plastics products * 12,909 * 1,190

Leather and leather products * 15,578 —

Stone, clay, and glass products * 887 * 51,728

Primary metal industries * 7,213 * 3,110

Fabricated metal products * 16,746 * 88,328

Office, computing, and

accounting equipment * 15,866 * 8,292

Other machinery, except

electrical 69,174 91,892

Electrical and electronic

equipment 168,017 116,875

Motor vehicles and equipment * 1,304 * 1,902

Transportation equipment, except

motor vehicles * 179,544 * 528,824

Instruments and related products 49,393 29,421

Miscellaneous manufacturing and

manufacturing not allocable * 98,970 * 5,335

Transportation and public utilities 14,316 5,747,958

Transportation * 4,649 5,513,662

Water transportation * 1,758 * 80,422

All other transportation * 2,891 5,427,630

Communication * 8,064 * 220,141

Electric, gas, and sanitary

services * 1,603 * 12,626

Wholesale and retail trade 361,400 158,257

Wholesale trade 255,873 67,322

Groceries and related products * 27,939 * 1,592

Machinery, equipment, and

supplies * 2,894 * 3,476

Miscellaneous wholesale trade 225,040 62,254

Drugs, chemicals, and allied

products — * 13,254

Petroleum and petroleum

products * 14 * 767

Other miscellaneous wholesale

trade 206,101 47,898

Retail trade 105,527 * 90,935

Building materials, garden

supplies, and mobile home

dealers — —

General merchandise stores — * 88,917

Food stores * 2,595 —

Automotive dealers and service

station * 4,679 —

Apparel and accessory stores * 6,497 —

Furniture and home furnishing

stores * 3,147 —

Eating and drinking places * 8,436 * 1,148

All other retail stores * 80,172 * 871

Finance, insurance, and real estate 1,019,041 1,119,170

Banking 333,456 * 164,693

Credit agencies other than banks * 2,844 * 19,972

Security, commodity brokers, and

services * 438,545 * 207,083

Insurance 227,945 585,945

Insurance agents, brokers, and

service * 70 * 112,161

Real estate * 9,191 * 23,006

Holding and other investment

companies, except bank holding

companies 3,772 * 3,109

Services 2,725,275 3,764,685

Hotels and other lodging places * 6,767 * 8,206

Personal services * 22 * 12,702

Business services 579,010 2,334,597

Auto repair;

miscellaneous repair services * 468 * 3,440

Amusement and recreation services 2,047,944 * 235,307

All other services 91,064 1,145,009

Foreign income and

taxes reported on

Form 1118

Deductions

Deductions

not

allocable

to

specific

types of

income

Other

deductions

Major and selected minor allocable

industrial group to specific Total

types of

income

(31) (32)

All industries 87,584,590 94,247,133

Agriculture, forestry, and fishing * 70,678 * 44,579

Mining 1,817,274 842,502

Metal mining * 673,614 * 183,663

Coal mining * 244,603 * 40,326

Oil and gas extraction 892,302 608,424

Nonmetallic minerals, except

fuels * 6,755 * 10,089

Construction 107,131 74,348

General building contractors * 51,837 * 30,839

Heavy construction contractors * 15,855 * 37,715

Special trade contractors * 39,438 * 5,794

Manufacturing 41,589,912 35,859,322

Food and kindred products 1,688,851 1,847,883

Tobacco manufactures * 1,613,599 * 740,500

Textile mill products * 6,480 25,336

Apparel and other textile

products * 132,352 145,388

Lumber and wood products * 14,522 * 41,878

Furniture and fixtures * 27,773 * 38,490

Paper and allied products 238,920 526,084

Printing and publishing 1,950,897 1,617,438

Industrial plastics and

synthetic material 2,421,822 2,532,967

Drugs 2,547,908 2,761,430

Other chemicals 1,668,584 1,612,734

Petroleum (including integrated)

and coal products 12,597,004 2,071,236

Rubber and miscellaneous

plastics products 398,884 273,549

Leather and leather products * 12,703 * 43,273

Stone, clay, and glass products 129,830 235,040

Primary metal industries 621,970 484,094

Fabricated metal products 597,421 626,640

Office, computing, and

accounting equipment 1,867,944 4,721,791

Other machinery, except

electrical 1,937,703 2,280,642

Electrical and electronic

equipment 6,473,075 6,331,846

Motor vehicles and equipment 1,052,121 2,587,016

Transportation equipment, except

motor vehicles 1,381,403 510,880

Instruments and related products 1,906,737 3,413,877

Miscellaneous manufacturing and

manufacturing not allocable 300,634 353,172

Transportation and public utilities 6,619,959 1,630,573

Transportation 2,280,633 238,578

Water transportation * 1,913 * 23,716

All other transportation 2,278,720 214,863

Communication 3,721,261 564,773

Electric, gas, and sanitary

services 618,065 823,058

Wholesale and retail trade 2,483,660 1,729,505

Wholesale trade 1,118,426 1,162,780

Groceries and related products * 11,157 * 5,212

Machinery, equipment, and

supplies * 59,264 * 72,705

Miscellaneous wholesale trade 1,048,005 1,084,864

Drugs, chemicals, and allied

products * 26,915 315,680

Petroleum and petroleum

products * 125,866 * 102,195

Other miscellaneous wholesale

trade 894,280 659,598

Retail trade 1,365,234 566,724

Building materials, garden

supplies, and mobile home

dealers — * 3,909

General merchandise stores * 244,557 * 103,593

Food stores * 894 * 793

Automotive dealers and service

station * 1,521 —

Apparel and accessory stores * 106,658 53,484

Furniture and home furnishing

stores * 3,557 * 6,068

Eating and drinking places * 875,924 * 351,151

All other retail stores * 132,123 47,725

Finance, insurance, and real estate 29,522,361 47,853,448

Banking 13,999,534 29,663,308

Credit agencies other than banks 7,502,741 4,773,433

Security, commodity brokers, and

services 1,049,453 6,667,112

Insurance 6,644,935 6,561,288

Insurance agents, brokers, and

service * 55,179 * 32,475

Real estate 19,040 12,482

Holding and other investment

companies, except bank holding

companies 248,267 142,823

Services 5,373,145 6,211,911

Hotels and other lodging places * 376,963 * 92,953

Personal services * 4,282 * 9,373

Business services 4,424,255 5,359,005

Auto repair;

miscellaneous repair services * 9,338 * 8,726

Amusement and recreation services * 326,889 493,072

All other services 227,203 246,337

Foreign income and

taxes reported on

Form 1118

Deductions

Deductions not allocable

to specific types of

income

Research

Major and selected minor and Interest

industrial group development

(33) (34)

All industries 9,876,318 49,478,293

Agriculture, forestry, and fishing * 24,454 * 10,035

Mining * 52,884 304,042

Metal mining — * 94,285

Coal mining — * 37,862

Oil and gas extraction * 51,360 164,792

Nonmetallic minerals, except

fuels * 1,524 * 7,102

Construction * 415 10,803

General building contractors — * 3,812

Heavy construction contractors * 144 * 3,348

Special trade contractors * 271 * 3,644

Manufacturing 7,256,462 13,046,001

Food and kindred products 55,026 753,973

Tobacco manufactures * 53,142 * 2,74837

Textile mill products * 1,469 * 17,822

Apparel and other textile

products * 2,696 * 119,580

Lumber and wood products * 180 * 26,768

Furniture and fixtures * 938 * 29,466

Paper and allied products * 107,444 118,502

Printing and publishing * 6,081 178,922

Industrial plastics and

synthetic material 513,615 1,436,180

Drugs 632,284 651,349

Other chemicals 424,770 511,194

Petroleum (including integrated)

and coal products * 128,195 1,486,882

Rubber and miscellaneous

plastics products 85,528 97,672

Leather and leather products — * 5,273

Stone, clay, and glass products * 46,995 94,829

Primary metal industries 24,051 256,142

Fabricated metal products 84,078 268,742

Office, computing, and

accounting equipment 1,442,827 733,924

Other machinery, except

electrical 325,597 638,178

Electrical and electronic

equipment 1,419,483 2,645,023

Motor vehicles and equipment 538,778 1,848,172

Transportation equipment, except

motor vehicles 153,226 217,719

Instruments and related products 1,100,378 536,149

Miscellaneous manufacturing and

manufacturing not allocable 102,447 90,557

Transportation and public utilities 79,669 1,288,718

Transportation * 17,961 88,628

Water transportation — * 15,540

All other transportation * 17,961 73,088

Communication * 61,310 * 435,009

Electric, gas, and sanitary

services * 398 765,080

Wholesale and retail trade 23,956 784,762

Wholesale trade 23,248 457,756

Groceries and related products — * 224

Machinery, equipment, and

supplies * 282 * 17,414

Miscellaneous wholesale trade 22,967 440,118

Drugs, chemicals, and allied

products * 5,563 * 81,953

Petroleum and petroleum

products — * 2,140

Other miscellaneous wholesale

trade 17,367 348,671

Retail trade * 707 327,006

Building materials, garden

supplies, and mobile home

dealers — —

General merchandise stores * 10 * 53,386

Food stores — * 572

Automotive dealers and service

station — —

Apparel and accessory stores * 416 * 45,118

Furniture and home furnishing

stores — * 768

Eating and drinking places — * 196,718

All other retail stores * 281 * 30,445

Finance, insurance, and real estate 194,212 33,466,865

Banking * 184,617 21,833,466

Credit agencies other than banks — * 4,080,349

Security, commodity brokers, and

services * 4,819 6,197,948

Insurance * 897 1,290,971

Insurance agents, brokers, and

service * 3,399 * 26,487

Real estate — * 8,950

Holding and other investment

companies, except bank holding

companies * 480 28,182

Services 2,244,225 566,944

Hotels and other lodging places — * 57,278

Personal services * 269 * 4,499

Business services 2,154,394 180,519

Auto repair;

miscellaneous repair services * (2) * 3,093

Amusement and recreation services * 17,947 * 273,839

All other services * 70,888 47,691

Foreign income and

taxes reported on

Form 1118

Deductions

Deductions

not

allocable

to

specific

types of

income

Deductions

from oil

Major and selected minor Other and gas

industrial group extraction

income (5)

(35) (36)

All industries 32,808,117 9,369,404

Agriculture, forestry, and fishing * 10,090 —

Mining 453,900 * 260,679

Metal mining * 89,378 —

Coal mining — —

Oil and gas extraction 363,205 * 260,679

Nonmetallic minerals, except

fuels * 1,316 —

Construction 49,421 —

General building contractors * 27,003 —

Heavy construction contractors * 21,304 —

Special trade contractors * 1,113 —

Manufacturing 15,171,429 8,987,198

Food and kindred products 964,300 —

Tobacco manufactures * 412,521 —

Textile mill products * 4,702 —

Apparel and other textile

products * 17,779 —

Lumber and wood products * 14,931 —

Furniture and fixtures * 8,086 —

Paper and allied products 291,249 —

Printing and publishing 1,414,574 —

Industrial plastics and

synthetic material 577,425 * 414,343

Drugs 1,428,501 —

Other chemicals 663,512 —

Petroleum (including integrated)

and coal products * 452,595 8,572,855

Rubber and miscellaneous

plastics products 78,359 —

Leather and leather products * 37,080 —

Stone, clay, and glass products * 83,794 —

Primary metal industries 200,413 —

Fabricated metal products 269,977 —

Office, computing, and

accounting equipment 2,543,691 —

Other machinery, except

electrical 1,247,297 —

Electrical and electronic

equipment 2,229,490 —

Motor vehicles and equipment 178,756 —

Transportation equipment, except

motor vehicles * 138,302 —

Instruments and related products 1,761,443 —

Miscellaneous manufacturing and

manufacturing not allocable 144,920 —

Transportation and public utilities 253,533 * 10,551

Transportation 129,208 —

Water transportation * 6,749 —

All other transportation 122,459 —

Communication * 67,205 —

Electric, gas, and sanitary

services 57,120 * 10,551

Wholesale and retail trade 878,464 * 110,976

Wholesale trade 647,175 * 110,976

Groceries and related products — —

Machinery, equipment, and

supplies * 54,450 —

Miscellaneous wholesale trade 592,725 * 110,976

Drugs, chemicals, and allied

products * 216,719 —

Petroleum and petroleum

products * 100,055 * 110,976

Other miscellaneous wholesale

trade 275,951 —

Retail trade 231,289 —

Building materials, garden

supplies, and mobile home

dealers — —

General merchandise stores * 49,899 —

Food stores * 202 —

Automotive dealers and service

station — —

Apparel and accessory stores * 7,495 —

Furniture and home furnishing

stores * 3,556 —

Eating and drinking places * 153,136 —

All other retail stores * 16,999 —

Finance, insurance, and real estate 12,729,162 —

Banking 6,843,179 —

Credit agencies other than banks * 415,166 —

Security, commodity brokers, and

services 463,851 —

Insurance 4,962,359 —

Insurance agents, brokers, and

service * 2,586 —

Real estate * 3,154 —

Holding and other investment

companies, except bank holding

companies 38,851 —

Services 3,261,503 —

Hotels and other lodging places * 22,481 —

Personal services * 2,298 —

Business services 2,926,944 —

Auto repair;

miscellaneous repair services * 3,304 —

Amusement and recreation services * 184,357 —

All other services 120,615 —

Foreign income and

taxes reported on

Form 1118

Taxable

income Adjustments

Major and selected minor (less loss) to taxable

industrial group before income

adjustments

(37) (38)

All industries 147,116,869 10,480,879

Agriculture, forestry, and fishing 169,870 * 4,916

Mining 2,075,468 173,668

Metal mining 272,985 * 10,858

Coal mining * 204,027 * 1,575

Oil and gas extraction 1,546,490 161,234

Nonmetallic minerals, except

fuels 51,873 —

Construction 241,509 22,723

General building contractors 157,725 * 350

Heavy construction contractors 53,112 * 17,192

Special trade contractors 29,472 * 5,181

Manufacturing 94,845,732 5,245,162

Food and kindred products 6,753,152 577,935

Tobacco manufactures * 4,021,495 * 34,829

Textile mill products 44,194 * 709

Apparel and other textile

products 692,890 * 133,852

Lumber and wood products 86,565 * 7,604

Furniture and fixtures 177,128 * 3,355

Paper and allied products 1,613,384 * 5,123

Printing and publishing 1,448,389 792,238

Industrial plastics and

synthetic material 4,954,051 212,169

Drugs 9,002,962 * 4,078

Other chemicals 4,380,227 272,378

Petroleum (including integrated)

and coal products 12,846,267 77,748

Rubber and miscellaneous

plastics products 1,010,039 26,352

Leather and leather products * 75,027 * 6,490

Stone, clay, and glass products 524,829 * 2,062

Primary metal industries 1,213,644 22,216

Fabricated metal products 1,872,632 53,416

Office, computing, and

accounting equipment 9,840,157 * 734,883

Other machinery, except

electrical 5,937,808 101,644

Electrical and electronic

equipment 11,860,067 1,454,220

Motor vehicles and equipment 7,610,405 5,476

Transportation equipment, except

motor vehicles 1,766,762 * 161,513

Instruments and related products 6,330,173 467,982

Miscellaneous manufacturing and

manufacturing not allocable 674,293 76,679

Transportation and public utilities 6,845,423 198,704

Transportation 1,045,371 14,909

Water transportation 197,978 * 13,293

All other transportation 842,846 * 1,616

Communication 3,368,927 * 845

Electric, gas, and sanitary

services 2,427,068 182,950

Wholesale and retail trade 5,263,013 407,703

Wholesale trade 2,544,817 164,119

Groceries and related products 12,343 —

Machinery, equipment, and

supplies 95,442 * 28,028

Miscellaneous wholesale trade 2,437,033 136,091

Drugs, chemicals, and allied

products 331,272 * 50,187

Petroleum and petroleum

products * 110,780 * 616

Other miscellaneous wholesale

trade 1,965,066 85,288

Retail trade 2,718,196 243,584

Building materials, garden

supplies, and mobile home

dealers * 85,509 —

General merchandise stores * 277,730 * 25,047

Food stores 80,521 * 34,959

Automotive dealers and service

station * 6,093 * 2,092

Apparel and accessory stores 939,205 * 146,159

Furniture and home furnishing

stores 22,031 —

Eating and drinking places 1,071,412 * 1,208

All other retail stores 235,678 * 34,118

Finance, insurance, and real estate 29,148,336 1,766,094

Banking 9,164,547 5,166

Credit agencies other than banks 3,993,490 * 775,978

Security, commodity brokers, and

services 4,063,512 * 287,786

Insurance 9,619,180 656,505

Insurance agents, brokers, and

service 203,004 * 131

Real estate 537,858 38,698

Holding and other investment

companies, except bank holding

companies 1,560,114 1,832

Services 8,481,295 2,650,258

Hotels and other lodging places 165,674 * 15,317

Personal services 73,504 * 3,456

Business services 6,888,836 2,403,392

Auto repair;

miscellaneous repair services 28,306 * 9,738

Amusement and recreation services 616,888 * 22,640

All other services 701,616 195,715

Foreign income and

taxes reported on

Form 1118

Foreign

taxes

available

for credit

Taxable

income

Major and selected minor (less loss) Total

industrial group after

adjustments

(39) (40)

All industries 136,635,990 47,575,987

Agriculture, forestry, and fishing 164,954 60,983

Mining 1,901,801 1,015,562

Metal mining 262,127 365,335

Coal mining * 202,452 * 124,047

Oil and gas extraction 1,385,255 507,024

Nonmetallic minerals, except

fuels 51,873 19,141

Construction 218,785 94,874

General building contractors 157,375 68,319

Heavy construction contractors 35,920 13,997

Special trade contractors 24,291 12,196

Manufacturing 89,600,571 34,120,725

Food and kindred products 6,175,217 2,239,102

Tobacco manufactures * 3,986,666 * 1,257,071

Textile mill products 43,485 11,149

Apparel and other textile

products 559,038 203,074

Lumber and wood products 78,961 14,122

Furniture and fixtures 173,772 73,690

Paper and allied products 1,608,262 600,713

Printing and publishing 656,151 307,869

Industrial plastics and

synthetic material 4,741,882 1,861,076

Drugs 8,998,884 3,157,143

Other chemicals 4,107,850 1,806,913

Petroleum (including integrated)

and coal products 12,768,519 6,777,573

Rubber and miscellaneous

plastics products 983,688 407,286

Leather and leather products * 68,537 * 12,411

Stone, clay, and glass products 522,767 216,266

Primary metal industries 1,191,427 607,420

Fabricated metal products 1,819,217 715,263

Office, computing, and

accounting equipment 9,105,274 3,623,014

Other machinery, except

electrical 5,836,164 2,009,071

Electrical and electronic

equipment 10,405,847 3,648,553

Motor vehicles and equipment 7,604,929 2,844,479

Transportation equipment, except

motor vehicles 1,605,249 349,964

Instruments and related products 5,862,191 1,140,482

Miscellaneous manufacturing and

manufacturing not allocable 597,614 219,221

Transportation and public utilities 6,646,719 1,700,827

Transportation 1,030,462 186,734

Water transportation 184,685 83,333

All other transportation 841,229 99,948

Communication 3,368,082 552,280

Electric, gas, and sanitary

services 2,244,118 960,397

Wholesale and retail trade 4,855,311 1,793,928

Wholesale trade 2,380,698 848,969

Groceries and related products 12,343 4,529

Machinery, equipment, and

supplies 67,414 16,088

Miscellaneous wholesale trade 2,300,942 828,351

Drugs, chemicals, and allied

products 281,085 223,211

Petroleum and petroleum

products * 110,163 * 108,589

Other miscellaneous wholesale

trade 1,879,778 482,491

Retail trade 2,474,612 944,959

Building materials, garden

supplies, and mobile home

dealers * 85,509 * 34,638

General merchandise stores * 252,682 * 99,134

Food stores 45,562 11,190

Automotive dealers and service

station * 4,001 * 557

Apparel and accessory stores 793,046 298,756

Furniture and home furnishing

stores 22,031 2,751

Eating and drinking places 1,070,204 460,677

All other retail stores 201,559 37,256

Finance, insurance, and real estate 27,382,242 6,390,808

Banking 9,159,381 2,462,854

Credit agencies other than banks 3,217,512 602,877

Security, commodity brokers, and

services 3,775,726 1,122,624

Insurance 8,962,675 1,435,898

Insurance agents, brokers, and

service 202,873 78,283

Real estate 499,160 21,259

Holding and other investment

companies, except bank holding

companies 1,558,282 665,005

Services 5,831,037 2,386,891

Hotels and other lodging places 150,357 76,339

Personal services 70,048 37,173

Business services 4,485,444 1,799,417

Auto repair;

miscellaneous repair services 18,568 7,499

Amusement and recreation services 594,248 264,491

All other services 505,901 199,589

Foreign income and

taxes reported on

Form 1118

Foreign taxes available

for credit

Reduction

Major and selected minor for certain

industrial group foreign Carryover

taxes

(41) (42)

All industries 2,476,970 9,368,659

Agriculture, forestry, and fishing — * 1,676

Mining * 320,756 573,326

Metal mining — * 139,153

Coal mining * 12,254 * 40,994

Oil and gas extraction * 301,304 389,221

Nonmetallic minerals, except

fuels * 7,199 * 3,958

Construction — 15,488

General building contractors — * 11,793

Heavy construction contractors — * 1,579

Special trade contractors — * 2,116

Manufacturing 2,151,006 7,490,718

Food and kindred products — 137,919

Tobacco manufactures — * 11,306

Textile mill products — * 1,945

Apparel and other textile

products — * 2,755

Lumber and wood products — * 4,524

Furniture and fixtures — * 12,406

Paper and allied products — * 30,407

Printing and publishing — 26,475

Industrial plastics and

synthetic material * 10,967 199,176

Drugs * 17 275,478

Other chemicals — 165,115

Petroleum (including integrated)

and coal products 2,136,259 3,987,506

Rubber and miscellaneous

plastics products — 23,052

Leather and leather products — * 4

Stone, clay, and glass products — 37,735

Primary metal industries * 2,608 209,334

Fabricated metal products — 121,574

Office, computing, and

accounting equipment — * 1,630,286

Other machinery, except

electrical * 1,155 68,902

Electrical and electronic

equipment — 348,113

Motor vehicles and equipment — 128,785

Transportation equipment, except

motor vehicles — 12,751

Instruments and related products — 25,723

Miscellaneous manufacturing and

manufacturing not allocable — 24,010

Transportation and public utilities * 2,214 156,649

Transportation — 13,150

Water transportation — * 521

All other transportation — 11,253

Communication — * 81,429

Electric, gas, and sanitary

services * 2,214 61,946

Wholesale and retail trade * 137 444,425

Wholesale trade * 137 177,248

Groceries and related products — * 1,468

Machinery, equipment, and

supplies — * 1,320

Miscellaneous wholesale trade * 137 174,461

Drugs, chemicals, and allied

products — * 70,857

Petroleum and petroleum

products * 137 * 46,380

Other miscellaneous wholesale

trade — 57,183

Retail trade — 267,176

Building materials, garden

supplies, and mobile home

dealers — —

General merchandise stores — * 56,079

Food stores — * 2,758

Automotive dealers and service

station — * 60

Apparel and accessory stores — * 80,511

Furniture and home furnishing

stores — * 21

Eating and drinking places — * 122,907

All other retail stores — * 4,841

Finance, insurance, and real estate * 2,326 477,240

Banking — 124,364

Credit agencies other than banks — * 61,464

Security, commodity brokers, and

services — 9,756

Insurance — 142,235

Insurance agents, brokers, and

service — * 633

Real estate — 3,126

Holding and other investment

companies, except bank holding

companies * 2,326 135,648

Services * 530 207,871

Hotels and other lodging places — * 22,398

Personal services — * 11,789

Business services * 508 84,956

Auto repair;

miscellaneous repair services — * 8

Amusement and recreation services — * 12,227

All other services — 75,633

Foreign income and

taxes reported on

Form 1118

Foreign taxes available

for credit

Paid or

accrued

Total paid,

Major and selected minor accrued,

industrial group and deemed Total

paid

(43) (44)

All industries 40,684,298 13,608,822

Agriculture, forestry, and fishing 59,306 16,525

Mining 762,992 650,658

Metal mining 226,182 * 223,085

Coal mining * 95,307 * 94,310

Oil and gas extraction 419,107 327,868

Nonmetallic minerals, except

fuels 22,382 5,380

Construction 79,387 46,759

General building contractors 56,526 30,566

Heavy construction contractors 12,418 10,297

Special trade contractors 10,080 5,534

Manufacturing 28,781,013 7,291,579

Food and kindred products 2,101,183 451,356

Tobacco manufactures * 1,245,765 * 141,856

Textile mill products 9,204 1,415

Apparel and other textile

products 200,319 36,005

Lumber and wood products 9,599 6,973

Furniture and fixtures 61,283 4,889

Paper and allied products 570,306 89,033

Printing and publishing 281,394 170,934

Industrial plastics and

synthetic material 1,672,867 349,774

Drugs 2,881,682 379,255

Other chemicals 1,641,798 426,191

Petroleum (including integrated)

and coal products 4,926,325 2,006,042

Rubber and miscellaneous

plastics products 384,234 56,374

Leather and leather products * 12,406 * 8,693

Stone, clay, and glass products 178,531 27,605

Primary metal industries 400,694 81,832

Fabricated metal products 593,688 94,686

Office, computing, and

accounting equipment 1,992,728 623,555

Other machinery, except

electrical 1,941,324 474,956

Electrical and electronic

equipment 3,300,440 944,423

Motor vehicles and equipment 2,715,695 410,147

Transportation equipment, except

motor vehicles 337,213 100,027

Instruments and related products 1,114,759 347,459

Miscellaneous manufacturing and

manufacturing not allocable 195,211 49,338

Transportation and public utilities 1,546,392 400,964

Transportation 173,584 110,068

Water transportation 82,812 65,833

All other transportation 88,695 42,574

Communication 470,851 113,558

Electric, gas, and sanitary

services 900,665 176,045

Wholesale and retail trade 1,349,641 517,498

Wholesale trade 671,858 266,712

Groceries and related products 3,061 * 1,760

Machinery, equipment, and

supplies 14,769 6,990

Miscellaneous wholesale trade 654,028 257,962

Drugs, chemicals, and allied

products 152,354 82,824

Petroleum and petroleum

products * 62,346 * 6,369

Other miscellaneous wholesale

trade 425,308 168,280

Retail trade 677,783 250,786

Building materials, garden

supplies, and mobile home

dealers * 34,638 * 2,732

General merchandise stores * 43,055 * 32,096

Food stores * 8,432 * 8,432

Automotive dealers and service

station * 497 * 497

Apparel and accessory stores 218,245 26,382

Furniture and home furnishing

stores 2,731 * 1,094

Eating and drinking places 337,770 151,461

All other retail stores 32,415 28,093

Finance, insurance, and real estate 5,915,894 3,476,843

Banking 2,338,489 1,732,424

Credit agencies other than banks 541,413 402,985

Security, commodity brokers, and

services 1,112,868 420,814

Insurance 1,293,663 840,208

Insurance agents, brokers, and

service 77,650 6,216

Real estate 18,132 15,412

Holding and other investment

companies, except bank holding

companies 531,683 57,503

Services 2,179,550 1,207,074

Hotels and other lodging places 53,941 33,474

Personal services 25,384 5,181

Business services 1,714,969 947,599

Auto repair;

miscellaneous repair services 7,491 3,495

Amusement and recreation services 252,264 155,654

All other services 123,956 60,782

Foreign income and

taxes reported on

Form 1118

Foreign taxes available

for credit

Paid or accrued

Taxes

withheld

at

source

on–

Taxes

Major and selected minor withheld at

industrial group source on Interest

dividends

(45) (46)

All industries 2,193,964 784,126

Agriculture, forestry, and fishing 1,539 * 1,052

Mining 10,812 10,615

Metal mining * 4,892 * 2,525

Coal mining * (2) * 4,138

Oil and gas extraction 4,868 3,720

Nonmetallic minerals, except

fuels * 1,038 * 233

Construction 630 * 471

General building contractors 452 * 99

Heavy construction contractors * 49 * 114

Special trade contractors * 128 * 258

Manufacturing 1,675,680 156,889

Food and kindred products 130,478 11,671

Tobacco manufactures * 62,661 * 84

Textile mill products * 107 * 412

Apparel and other textile

products * 11,995 * 108

Lumber and wood products * 2,143 * 742

Furniture and fixtures * 3,593 * 525

Paper and allied products 33,542 2,567

Printing and publishing 10,535 675

Industrial plastics and

synthetic material 115,804 8,053

Drugs 169,925 9,737

Other chemicals 43,371 8,292

Petroleum (including integrated)

and coal products 220,158 34,773

Rubber and miscellaneous

plastics products 21,950 1,829

Leather and leather products * 429 * 68

Stone, clay, and glass products * 9,933 722

Primary metal industries 21,592 3,944

Fabricated metal products 46,138 3,570

Office, computing, and

accounting equipment 139,165 * 1,389

Other machinery, except

electrical 210,857 12,069

Electrical and electronic

equipment 114,925 34,912

Motor vehicles and equipment 232,471 10,647

Transportation equipment, except

motor vehicles 19,448 2,064

Instruments and related products 36,106 6,446

Miscellaneous manufacturing and

manufacturing not allocable 18,124 790

Transportation and public utilities 92,338 23,216

Transportation 3,790 3,694

Water transportation * 975 * 102

All other transportation 2,726 3,592

Communication 29,159 * 5,256

Electric, gas, and sanitary

services 59,389 14,266

Wholesale and retail trade 103,021 17,767

Wholesale trade 83,597 10,920

Groceries and related products * 457 * 134

Machinery, equipment, and

supplies * 506 * 1,271

Miscellaneous wholesale trade 82,634 9,516

Drugs, chemicals, and allied

products * 4,747 * 120

Petroleum and petroleum

products * 4,219 * 235

Other miscellaneous wholesale

trade 73,640 9,114

Retail trade 19,424 6,847

Building materials, garden

supplies, and mobile home

dealers * -58 * 1

General merchandise stores * 6,686 * 163

Food stores * 2 * 1,150

Automotive dealers and service

station * 26 * 26

Apparel and accessory stores * 2,188 * 113

Furniture and home furnishing

stores * 106 * 18

Eating and drinking places * 10,146 * 5,108

All other retail stores * 328 * 268

Finance, insurance, and real estate 225,074 569,415

Banking 71,717 213,055

Credit agencies other than banks * 29,159 * 28,203

Security, commodity brokers, and

services 17,100 126,629

Insurance 70,579 194,743

Insurance agents, brokers, and

service 3,274 * 147

Real estate 9,780 2,163

Holding and other investment

companies, except bank holding

companies 23,355 4,472

Services 84,855 4,701

Hotels and other lodging places * 1,791 * 378

Personal services * 1,844 * 229

Business services 64,651 3,085

Auto repair;

miscellaneous repair services * 1,085 * 112

Amusement and recreation services * 11,139 * 779

All other services 4,050 * 97

Foreign income and

taxes reported on

Form 1118

Foreign taxes available

for credit

Paid or accrued

Other

Taxes taxes

withheld paid or

at source accrued

on– on–

Rents,

royalties, Branch

Major and selected minor and license income

industrial group fees

(47) (48)

All industries 2,213,430 4,861,563

Agriculture, forestry, and fishing * 3,209 * 8,276

Mining 13,048 260,017

Metal mining * (2) * 108,420

Coal mining — * 11,224

Oil and gas extraction 12,887 140,374

Nonmetallic minerals, except

fuels * 161 —

Construction 11,595 * 3,023

General building contractors * 10,455 * 2,316

Heavy construction contractors * 595 * 38

Special trade contractors * 183 * 668

Manufacturing 1,553,770 1,954,303

Food and kindred products 91,974 172,035

Tobacco manufactures * 63,488 * 11,460

Textile mill products * 334 * 306

Apparel and other textile

products 18,876 * 4,599

Lumber and wood products * 382 * 3,096

Furniture and fixtures 455 * 169

Paper and allied products 27,085 25,313

Printing and publishing 126,325 * 12,501

Industrial plastics and

synthetic material 94,360 97,841

Drugs 74,776 88,591

Other chemicals 67,929 111,138

Petroleum (including integrated)

and coal products * 8,138 * 932,296

Rubber and miscellaneous

plastics products 20,520 11,074

Leather and leather products * 7,834 * 339

Stone, clay, and glass products 5,519 * 805

Primary metal industries 6,688 * 20,740

Fabricated metal products 10,246 8,816

Office, computing, and

accounting equipment 408,526 50,853

Other machinery, except

electrical 28,932 184,799

Electrical and electronic

equipment 151,824 98,417

Motor vehicles and equipment 77,446 * 45,816

Transportation equipment, except

motor vehicles 25,308 33,551

Instruments and related products 218,655 24,353

Miscellaneous manufacturing and

manufacturing not allocable 11,082 15,143

Transportation and public utilities 13,248 66,149

Transportation * 3,168 27,677

Water transportation — * 44

All other transportation * 3,168 * 27,633

Communication 8,978 * 35,505

Electric, gas, and sanitary

services * 1,102 * 2,967

Wholesale and retail trade 121,790 231,685

Wholesale trade 35,390 116,660

Groceries and related products * 584 * 506

Machinery, equipment, and

supplies * 658 * 3,555

Miscellaneous wholesale trade 34,149 112,600

Drugs, chemicals, and allied

products * 520 * 76,027

Petroleum and petroleum

products * 229 * 993

Other miscellaneous wholesale

trade 33,392 35,531

Retail trade 86,400 115,025

Building materials, garden

supplies, and mobile home

dealers * 2,699 —

General merchandise stores * 7,873 * 15,103

Food stores * 7,280 —

Automotive dealers and service

station * 15 —

Apparel and accessory stores * 3,414 * 2,319

Furniture and home furnishing

stores * 709 —

Eating and drinking places 51,838 * 82,737

All other retail stores 12,572 * 14,866

Finance, insurance, and real estate 23,626 1,914,397

Banking 3,822 1,265,892

Credit agencies other than banks * 12,654 * 285,335

Security, commodity brokers, and

services * 419 * 37,624

Insurance 2,562 319,879

Insurance agents, brokers, and

service * 3 * 1,987

Real estate * 380 * 78

Holding and other investment

companies, except bank holding

companies * 3,784 * 3,603

Services 473,131 422,818

Hotels and other lodging places * 7,834 * 13,706

Personal services * 1,736 * 905

Business services 332,307 403,684

Auto repair;

miscellaneous repair services * 1,984 * 35

Amusement and recreation services 116,664 * 543

All other services 12,411 3,564

Foreign income and

taxes reported on

Form 1118

Foreign taxes available

for credit

Paid or accrued

Other taxes paid or

accrued on–

Specifically

allocable

Major and selected minor income Service

industrial group [section income

863(b)]

(49) (50)

All industries 8,524 387,240

Agriculture, forestry, and fishing — * 142

Mining — 30,009

Metal mining — * 15,902

Coal mining — —

Oil and gas extraction — 14,106

Nonmetallic minerals, except

fuels — —

Construction — 18,142

General building contractors — * 14,808

Heavy construction contractors — * 2,025

Special trade contractors — * 1,309

Manufacturing 3,851 126,598

Food and kindred products * 48 * 6,498

Tobacco manufactures — —

Textile mill products * 74 * 64

Apparel and other textile

products — * 132

Lumber and wood products — * 11

Furniture and fixtures — * 146

Paper and allied products — * 222

Printing and publishing — * 5,979

Industrial plastics and

synthetic material * 41 7,898

Drugs * 558 * 4,566

Other chemicals * 422 * 3,966

Petroleum (including integrated)

and coal products — * 481

Rubber and miscellaneous

plastics products — * 708

Leather and leather products — * 23

Stone, clay, and glass products * 10 * 5,541

Primary metal industries — * 548

Fabricated metal products — * 1,060

Office, computing, and

accounting equipment — * 2,521

Other machinery, except

electrical * 44 24,764

Electrical and electronic

equipment * 1,567 12,514

Motor vehicles and equipment * 883 * 29,738

Transportation equipment, except

motor vehicles * 13 * 16,681

Instruments and related products * 191 * 2,064

Miscellaneous manufacturing and

manufacturing not allocable — * 81

Transportation and public utilities * 590 76,390

Transportation * 590 69,830

Water transportation — * 64,555

All other transportation * 590 * 3,704

Communication — * 2,619

Electric, gas, and sanitary

services — * 2,650

Wholesale and retail trade * 594 7,024

Wholesale trade * 594 6,763

Groceries and related products — * 79

Machinery, equipment, and

supplies — * 30

Miscellaneous wholesale trade * 594 6,654

Drugs, chemicals, and allied

products — * 1,152

Petroleum and petroleum

products — * 315

Other miscellaneous wholesale

trade * 594 5,187

Retail trade — * 261

Building materials, garden

supplies, and mobile home

dealers — —

General merchandise stores — * 59

Food stores —

Automotive dealers and service

station — —

Apparel and accessory stores — —

Furniture and home furnishing

stores — —

Eating and drinking places — * 143

All other retail stores — * 59

Finance, insurance, and real estate * 64 51,246

Banking — 7,445

Credit agencies other than banks — * 4,502

Security, commodity brokers, and

services — * 6,730

Insurance * 64 29,775

Insurance agents, brokers, and

service — * 529

Real estate — * 1,440

Holding and other investment

companies, except bank holding

companies — * 825

Services * 3,424 77,689

Hotels and other lodging places — * 7,420

Personal services — * 424

Business services * 3,424 29,997

Auto repair;

miscellaneous repair services — * 37

Amusement and recreation services — * 11,659

All other services — 28,152

Foreign income and

taxes reported on

Form 1118

Foreign taxes available

for credit

Paid or

accrued

Other

taxes

paid or

accrued

on–

Taxes

Major and selected minor Other deemed

industrial group income paid

(51) (52)

All industries 3,159,976 27,075,476

Agriculture, forestry, and fishing 2,307 * 42,782

Mining 326,157 112,335

Metal mining * 91,346 * 35,490

Coal mining * 78,949 * 997

Oil and gas extraction 151,914 91,239

Nonmetallic minerals, except

fuels * 3,948 * 17,001

Construction 12,899 32,627

General building contractors * 2,436 * 25,960

Heavy construction contractors * 7,476 * 2,121

Special trade contractors * 2,987 * 4,546

Manufacturing 1,820,487 21,489,435

Food and kindred products 38,654 1,649,827

Tobacco manufactures * 4,163 * 1,103,909

Textile mill products * 118 7,789

Apparel and other textile

products * 296 164,315

Lumber and wood products * 598 * 2,626

Furniture and fixtures — * 56,395

Paper and allied products 303 481,273

Printing and publishing 14,918 110,460

Industrial plastics and

synthetic material 25,775 1,323,094

Drugs 31,103 2,502,427

Other chemicals 191,074 1,215,606

Petroleum (including integrated)

and coal products 810,196 2,920,283

Rubber and miscellaneous

plastics products * 293 327,859

Leather and leather products — * 3,713

Stone, clay, and glass products * 27,515 150,926

Primary metal industries 28,320 318,862

Fabricated metal products 24,856 499,003

Office, computing, and

accounting equipment 21,100 1,369,173

Other machinery, except

electrical 13,491 1,466,367

Electrical and electronic

equipment 530,264 2,356,017

Motor vehicles and equipment * 13,145 2,305,548

Transportation equipment, except

motor vehicles * 2,962 237,186

Instruments and related products 59,645 767,300

Miscellaneous manufacturing and

manufacturing not allocable 4,117 145,874

Transportation and public utilities 129,031 1,145,429

Transportation * 1,319 63,516

Water transportation * 157 * 16,979

All other transportation * 1,162 46,121

Communication 32,041 * 357,293

Electric, gas, and sanitary

services 95,671 724,620

Wholesale and retail trade 35,617 832,143

Wholesale trade 12,787 1,185,669

Groceries and related products — * 1,301

Machinery, equipment, and

supplies * 972 * 7,778

Miscellaneous wholesale trade 11,815 396,067

Drugs, chemicals, and allied

products * 257 * 69,530

Petroleum and petroleum

products * 378 * 55,978

Other miscellaneous wholesale

trade 10,821 257,028

Retail trade 22,830 426,997

Building materials, garden

supplies, and mobile home

dealers 90 * 31,906

General merchandise stores * 2,212 * 10,960

Food stores — —

Automotive dealers and service

station 430 —

Apparel and accessory stores * 18,348 * 191,863

Furniture and home furnishing

stores * 261 * 1,637

Eating and drinking places * 1,489 * 186,309

All other retail stores — * 4,322

Finance, insurance, and real estate 693,022 2,439,051

Banking 170,492 24,264

Credit agencies other than banks * 43,133 * 138,427

Security, commodity brokers, and

services 232,313 692,054

Insurance 222,605 453,456

Insurance agents, brokers, and

service * 276 * 71,434

Real estate 1,571 * 2,720

Holding and other investment

companies, except bank holding

companies 21,464 474,180

Services 140,456 972,476

Hotels and other lodging places * 2,344 * 20,467

Personal services * 44 * 38,019

Business services 110,450 767,370

Auto repair;

miscellaneous repair services * 241 * 3,996

Amusement and recreation services * 14,869 * 96,611

All other services 12,507 63,174

Footnotes and Notes to Table 1b:

* Data should be used with caution because of the small number of

returns on which they were based.

(1) Interest-Charge Domestic International Sales Corporation

(IC-DISC) and Domestic International Sales Corporation (DISC).

(2) Less than $500.

(3) In addition to the credits shown in columns 12-14, this is after

reduction by other credits, such as the jobs credit and the

investment credit, which are not shown separately in this table.

(4) Included in gross income (less loss), columns 16-22.

See notes below.

(5) Included in deductions, columns 26-35. See notes below.

NOTES: Detail may not add to totals because of rounding. Columns 2

through 15 present statistics on assets, receipts, income, and taxes

reported on Form 1120 (Corporation Income Tax Return) series for

corporations claiming a foreign tax credit. Columns 16 through 52

present statistics from Form 1118, Foreign Tax Credit–Corporations.

Schedule references indicate the schedule of Form 1118 from which the

data were obtained. Columns 16 through 36 present statistics on

foreign income (i.e., income from sources outside the United States)

and deductions reported primarily on Schedule A, Form 1118. Although

the amounts of oil and gas income and deductions (columns 23 and 36,

respectively) are contained in the summary columns (i.e., columns 16

through 22 and 26 through 35), these amounts are also reported

separately (on Schedule I) because oil and gas income is subject to

special rules under Internal Revenue Code section 907, which may

result in a reduction of foreign taxes available for credit. Code

section 863(b) income (income partly within and partly without the

United States) and foreign branch income are also included in the

summary amounts reported in columns 16 through 22 and are also

reported separately (on Schedule F) in columns 24 and 25. Total

deductions not allocable to specific types of income (column 32) are

equal to the sum of columns 33 through 35 (any differences are due

to taxpayer reporting practices). Total foreign-source gross income

(column 16) less total foreign deductions (column 26) is equal to

foreign-source taxable income before adjustments (column 37).

Adjustments to foreign-source taxable income (reported in column 38)

include allocations of current-year U.S.-source losses and recapture

of foreign losses, as well as other adjustments. These adjustments

(reported on Schedule J) affect the numerator of the limitation

fraction used to compute the foreign tax credit. The foreign-source

taxable income alter adjustments (the numerator of the limitation

fraction) is reported in column 39. The limitation fraction, which

represents the ratio of foreign-source taxable income after

adjustments to total (U.S. and foreign) taxable income after

adjustments, is applied to the total U.S. tax against which the

credit is allowed to determine any limitation on the foreign tax

credit.

Statistics on foreign taxes are reported in columns 40 through 52.

Data on foreign taxes paid, accrued, and deemed paid (through related

foreign corporations or their subsidiaries) from Schedule B, Form

1118, are reported in columns 43 through 52. Total foreign taxes paid

or accrued (column 44) are the sum of columns 45 through 51 (any

differences are due to taxpayer reporting practices). Total foreign

taxes paid, accrued, and deemed paid (column 43) are equal to the sum

of total taxes paid or accrued (column 44) and taxes deemed paid

(column 52). Total foreign taxes paid, accrued, and deemed paid are

then adjusted for certain items (e.g., reductions of foreign taxes

under Code section 907 related to oil and gas income), which are

reported in column 41, as well as carryovers of foreign taxes not

credited in prior years, which are reported in column 42. Thus, total

foreign taxes available for credit (column 40) are equal to total

foreign taxes paid, accrued, and deemed paid (column 43) less

certain foreign taxes (column 41), plus any carryover of prior-year

foreign taxes (column 42).

Table 2.–U.S. Corporation Returns with a Foreign Tax Credit:

Foreign Income and Tax Reported on Form 1118, by Industrial

Division (by NAICS Classification) and Income Type

[All figures are estimates based on samples–money amounts are

in thousands of dollars]

Foreign

income and

taxes

reported on

Form 1118

Gross

income

(less loss)

Number

Industrial division and income type of Total

returns

(1) (2)

ALL INDUSTRIES

All income types 5,927 349,386,789

Passive income 2,289 7,444,176

High withholding tax interest 368 2,493,508

Financial services income 438 109,792,724

Shipping income 47 7,795,938

Dividends from noncontrolled section

902 corp 510 3,143,059

Dividends from an IC-DISC or former

DISC (1) 7 * 10,993

Miscellaneous separately calculated

limitation 9 * 38,907

Certain distributions from a FSC or

former FSC (2) 75 3,370,102

General limitation income 3,791 215,247,350

Section 901(j) income 6 * 783

Income re-sourced by treaty 7 * 49,249

AGRICULTURE, FORESTRY,

FISHING, AND HUNTING

All income types 81 290,450

Passive income 76 11,938

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp 3 * 1,548

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) ** **

General limitation income 8 * 258,058

Section 901(j) income — —

Income re-sourced by treaty — —

MINING

All income types 101 5,357,393

Passive income 25 68,539

High withholding tax interest 8 * 42,885

Financial services income — —

Shipping income ** **

Dividends from noncontrolled section

902 corp 6 * 54,095

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 92 5,192,220

Section 901(j) income ** **

Income re-sourced by treaty — —

UTILITIES

All income types 32 3,499,547

Passive income 22 433,740

High withholding tax interest 5 * 12,882

Financial services income 4 * 40,943

Shipping income ** **

Dividends from noncontrolled section

902 corp 8 * 115,130

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 24 2,885,573

Section 901(j) income — —

Income re-sourced by treaty — —

CONSTRUCTION

All income types 221 558,544

Passive income 59 9,407

High withholding tax interest 4 * 1,654

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp 50 * 3,739

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 116 543,744

Section 901(j) income — —

Income re-sourced by treaty — —

MANUFACTURING

All income types 1,510 167,963,972

Passive income 562 5,211,826

High withholding tax interest 117 379,289

Financial services income 64 5,973,455

Shipping income 20 535,381

Dividends from noncontrolled section

902 corp 209 1,465,239

Dividends from an IC-DISC or former

DISC (1) 7 * 10,993

Miscellaneous separately calculated

limitation 8 * 9,674

Certain distributions from a FSC or

former FSC (2) 50 2,955,419

General limitation income 1,222 151,378,234

Section 901(j) income 5 * 397

Income re-sourced by treaty 6 * 44,064

WHOLESALE AND RETAIL TRADE

All income types 809 9,007,432

Passive income 395 319,232

High withholding tax interest 57 45,468

Financial services income 8 * 175,039

Shipping income ** **

Dividends from noncontrolled section

902 corp 55 35,530

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) ** **

General limitation income 413 8,415,709

Section 901(j) income — —

Income re-sourced by treaty — —

TRANSPORTATION AND WAREHOUSING

All income types 87 9,086,753

Passive income 41 14,697

High withholding tax interest 10 17,729

Financial services income 5 * 23,437

Shipping income 13 6,925,381

Dividends from noncontrolled section

902 corp 7 * 9,484

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 45 2,096,025

Section 901(j) income — —

Income re-sourced by treaty — —

INFORMATION

All income types 161 31,202,763

Passive income 55 857,772

High withholding tax interest 6 * 8,057

Financial services income 4 * 19,713

Shipping income 4 * 207,137

Dividends from noncontrolled section

902 corp 14 571,603

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation ** **

Certain distributions from a FSC or

former FSC (2) 6 * 240,501

General limitation income 139 29,268,748

Section 901(j) income — —

Income re-sourced by treaty — —

FINANCE, INSURANCE, AND REAL ESTATE

All income types 1,490 55,137,632

Passive income 498 183,344

High withholding tax interest 108 791,568

Financial services income 251 51,624,197

Shipping income ** **

Dividends from noncontrolled section

902 corp 49 199,275

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) ** **

General limitation income 726 2,295,092

Section 901(j) income — —

Income re-sourced by treaty — —

SERVICES

All income types 1,435 67,282,303

Passive income 556 333,680

High withholding tax interest 53 1,193,976

Financial services income 102 51,935,940

Shipping income 3 * 92,403

Dividends from noncontrolled section

902 corp 108 687,415

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) 16 * 119,756

General limitation income 1,006 12,913,948

Section 901(j) income — —

Income re-sourced by treaty ** **

Foreign income and taxes

reported on Form 1118

Gross income (less loss)

Foreign

dividend

income

Industrial division and income type Dividends resulting from

foreign taxes

deemed paid

(gross-up)

(3) (4)

ALL INDUSTRIES

All income types 60,541,096 27,074,099

Passive income 3,301,216 420,416

High withholding tax interest 81,028 47,678

Financial services income 6,612,198 2,155,388

Shipping income 220,695 41,205

Dividends from noncontrolled section

902 corp 2,145,866 938,720

Dividends from an IC-DISC or former

DISC (1) * 10,993 —

Miscellaneous separately calculated

limitation * 4,806 * 1,121

Certain distributions from a FSC or

former FSC (2) 3,370,012 * 90

General limitation income 44,774,167 23,462,053

Section 901(j) income * 1,734 —

Income re-sourced by treaty * 18,383 * 7,426

AGRICULTURE, FORESTRY,

FISHING, AND HUNTING

All income types 62,274 * 43,927

Passive income * 232 * 59

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 1,217 * 330

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) ** —

General limitation income * 41,919 * 43,538

Section 901(j) income — —

Income re-sourced by treaty — —

MINING

All income types 363,579 * 117,974

Passive income 27,949 * 2,123

High withholding tax interest * 3,541 * 2,087

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 37,575 * 16,277

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 294,129 97,488

Section 901(j) income ** —

Income re-sourced by treaty — —

UTILITIES

All income types 1,496,487 636,148

Passive income 141,180 2,563

High withholding tax interest — —

Financial services income * 1,893 * 200

Shipping income — —

Dividends from noncontrolled section

902 corp * 66,071 * 19,957

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 1,287,344 613,429

Section 901(j) income — —

Income re-sourced by treaty — —

CONSTRUCTION

All income types 47,556 * 31,498

Passive income 890 —

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 2,694 * 883

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 43,971 * 30,615

Section 901(j) income — —

Income re-sourced by treaty — —

MANUFACTURING

All income types 44,303,840 21,134,234

Passive income 2,628,746 307,539

High withholding tax interest * 553 * 3,120

Financial services income 1,027,178 339,107

Shipping income 113,650 * 6,325

Dividends from noncontrolled section

902 corp 927,084 503,586

Dividends from an IC-DISC or former

DISC (1) * 10,993 —

Miscellaneous separately calculated

limitation * 4,806 * 1,121

Certain distributions from a FSC or

former FSC (2) 2,955,329 * 90

General limitation income 36,615,772 19,965,919

Section 901(j) income * 1,348 —

Income re-sourced by treaty * 18,383 * 7,426

WHOLESALE AND RETAIL TRADE

All income types 2,595,939 747,611

Passive income 124,668 10,966

High withholding tax interest * 1,156 * 3,443

Financial services income * 46,332 * 7,623

Shipping income ** **

Dividends from noncontrolled section

902 corp * 25,159 10,058

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) ** —

General limitation income 2,382,554 715,138

Section 901(j) income — —

Income re-sourced by treaty — —

TRANSPORTATION AND WAREHOUSING

All income types 162,535 64,475

Passive income 10,539 * 688

High withholding tax interest — —

Financial services income * 10,197 —

Shipping income * 82,669 * 34,358

Dividends from noncontrolled section

902 corp * 7,842 * 1,642

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 51,288 27,786

Section 901(j) income — —

Income re-sourced by treaty — —

INFORMATION

All income types 3,115,765 1,274,993

Passive income 134,650 44,954

High withholding tax interest — —

Financial services income * 15 —

Shipping income * 3,357 —

Dividends from noncontrolled section

902 corp 449,411 122,003

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) * 240,501 —

General limitation income 2,287,831 1,108,036

Section 901(j) income — —

Income re-sourced by treaty — —

FINANCE, INSURANCE, AND REAL ESTATE

All income types 4,464,750 1,370,649

Passive income 95,664 5,800

High withholding tax interest * 47,385 * 9,485

Financial services income 4,013,013 1,260,885

Shipping income ** **

Dividends from noncontrolled section

902 corp 145,734 51,534

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) ** —

General limitation income 122,584 42,925

Section 901(j) income — —

Income re-sourced by treaty — —

SERVICES

All income types 3,928,370 1,652,590

Passive income 136,699 45,725

High withholding tax interest * 28,393 * 29,543

Financial services income 1,513,570 547,574

Shipping income * 99 * 117

Dividends from noncontrolled section

902 corp 483,080 212,450

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) * 119,756 —

General limitation income 1,646,774 817,181

Section 901(j) income — —

Income re-sourced by treaty — —

Foreign income and taxes

reported on Form 1118

Gross income (less loss)

Rents,

royalties,

Industrial division and income type Interest and

license fees

(5) (6)

ALL INDUSTRIES

All income types 68,413,782 55,875,295

Passive income 2,238,285 357,158

High withholding tax interest 2,364,803 —

Financial services income 56,210,747 3,139,828

Shipping income 73,147 474,708

Dividends from noncontrolled section

902 corp 49,627 * 4,540

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 7,458,970 51,899,061

Section 901(j) income — —

Income re-sourced by treaty * 18,204 —

AGRICULTURE, FORESTRY,

FISHING, AND HUNTING

All income types * 26,361 * 18,293

Passive income * 10,302 * 1,388

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 16,060 * 16,905

Section 901(j) income — —

Income re-sourced by treaty — —

MINING

All income types 228,918 409,764

Passive income 35,912 * 10

High withholding tax interest * 37,257 —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 155,749 409,754

Section 901(j) income — —

Income re-sourced by treaty — —

UTILITIES

All income types 567,383 * 40,447

Passive income 38,067 —

High withholding tax interest * 12,882 —

Financial services income * 169 * 33,079

Shipping income — **

Dividends from noncontrolled section

902 corp * 29,020 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 487,245 —

Section 901(j) income — —

Income re-sourced by treaty — —

CONSTRUCTION

All income types 5,390 19,911

Passive income * 1,195 * 420

High withholding tax interest * 1,654 —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 2,541 * 19,491

Section 901(j) income — —

Income re-sourced by treaty — —

MANUFACTURING

All income types 9,412,797 35,137,332

Passive income 1,782,488 207,203

High withholding tax interest 375,617 —

Financial services income 1,415,064 * 678,577

Shipping income * 40,302 * 293,090

Dividends from noncontrolled section

902 corp 18,480 * 4,417

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 5,762,644 33,954,044

Section 901(j) income — —

Income re-sourced by treaty * 18,204 —

WHOLESALE AND RETAIL TRADE

All income types 416,232 1,058,946

Passive income 68,780 43,368

High withholding tax interest 40,869 —

Financial services income * 77,926 —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 228,656 1,015,578

Section 901(j) income — —

Income re-sourced by treaty — —

TRANSPORTATION AND WAREHOUSING

All income types 54,343 72,419

Passive income * 3,375 * 94

High withholding tax interest 17,729 —

Financial services income — —

Shipping income * 25,762 * 47,964

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 7,478 24,360

Section 901(j) income — —

Income re-sourced by treaty — —

INFORMATION

All income types 453,340 13,941,701

Passive income 151,408 55,732

High withholding tax interest * 8,057 —

Financial services income * 2 * 8,496

Shipping income * 3,166 * 126,286

Dividends from noncontrolled section

902 corp * 125 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 290,581 13,751,187

Section 901(j) income — —

Income re-sourced by treaty — —

FINANCE, INSURANCE, AND REAL ESTATE

All income types 22,304,212 1,170,297

Passive income 50,267 13,527

High withholding tax interest 734,698 —

Financial services income 21,435,301 1,046,539

Shipping income ** —

Dividends from noncontrolled section

902 corp * 7 * 122

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 80,174 110,108

Section 901(j) income — —

Income re-sourced by treaty — —

SERVICES

All income types 34,944,806 4,006,186

Passive income 96,491 35,415

High withholding tax interest 1,136,040 —

Financial services income 33,282,285 1,373,137

Shipping income * 153 —

Dividends from noncontrolled section

902 corp * 1,995 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 427,843 2,597,634

Section 901(j) income — —

Income re-sourced by treaty — —

Foreign income and taxes

reported on Form 1118

Gross income (less loss)

Service Other

Industrial division and income type income income

(7) (8)

ALL INDUSTRIES

All income types 23,414,004 114,068,512

Passive income * 2,114 1,124,987

High withholding tax interest — —

Financial services income 2,528,774 39,145,789

Shipping income * 6,710,261 275,922

Dividends from noncontrolled section

902 corp * 243 4,063

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — * 32,980

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 14,172,611 73,480,487

Section 901(j) income — * -951

Income re-sourced by treaty — * 5,236

AGRICULTURE, FORESTRY,

FISHING, AND HUNTING

All income types * 1 * 139,594

Passive income — * -42

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 1 * 139,636

Section 901(j) income — —

Income re-sourced by treaty — —

MINING

All income types 2,043,709 2,193,449

Passive income — * 2,545

High withholding tax interest — —

Financial services income — —

Shipping income — **

Dividends from noncontrolled section

902 corp — * 244

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 2,043,709 2,191,392

Section 901(j) income — —

Income re-sourced by treaty — —

UTILITIES

All income types 127,571 631,511

Passive income * 64 * 251,867

High withholding tax interest — —

Financial services income * 5,562 * 39

Shipping income — **

Dividends from noncontrolled section

902 corp — * 83

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 121,946 375,610

Section 901(j) income — —

Income re-sourced by treaty — —

CONSTRUCTION

All income types 331,390 122,799

Passive income * 21 * 6,881

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — * 162

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 331,369 115,756

Section 901(j) income — —

Income re-sourced by treaty — —

MANUFACTURING

All income types 3,360,666 54,615,104

Passive income * 1,014 284,836

High withholding tax interest — —

Financial services income * 8,063 2,505,467

Shipping income * 1,707 80,308

Dividends from noncontrolled section

902 corp — 11,673

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — * 3,747

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 3,349,882 51,729,972

Section 901(j) income — * -951

Income re-sourced by treaty — * 52

WHOLESALE AND RETAIL TRADE

All income types 500,106 3,688,599

Passive income — 71,451

High withholding tax interest — —

Financial services income — * 43,158

Shipping income — * (3)

Dividends from noncontrolled section

902 corp * 243 * 70

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 499,862 3,573,921

Section 901(j) income — —

Income re-sourced by treaty — —

TRANSPORTATION AND WAREHOUSING

All income types 8,695,634 37,348

Passive income — * 1

High withholding tax interest — —

Financial services income * 13,199 * 41

Shipping income * 6,708,554 * 26,074

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 1,973,881 11,232

Section 901(j) income — —

Income re-sourced by treaty — —

INFORMATION

All income types 1,597,173 10,819,790

Passive income * 1 471,027

High withholding tax interest — —

Financial services income — * 11,200

Shipping income — * 74,327

Dividends from noncontrolled section

902 corp — * 64

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — **

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 1,597,172 10,233,940

Section 901(j) income — —

Income re-sourced by treaty — —

FINANCE, INSURANCE, AND REAL ESTATE

All income types 2,818,974 23,008,749

Passive income — 18,085

High withholding tax interest — —

Financial services income 2,024,638 21,843,822

Shipping income — * (3)

Dividends from noncontrolled section

902 corp — * 1,878

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 794,336 1,144,964

Section 901(j) income — —

Income re-sourced by treaty — —

SERVICES

All income types 3,938,780 18,811,570

Passive income * 1,015 18,335

High withholding tax interest — —

Financial services income * 477,313 14,742,061

Shipping income — * 92,035

Dividends from noncontrolled section

902 corp — * -10,110

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 3,460,453 3,964,064

Section 901(j) income — —

Income re-sourced by treaty — **

Foreign income and taxes

reported on Form 1118

Gross income (less loss)

Oil and gas

extraction Foreign

Industrial division and income type income (less branch

loss) (4) income (4)

(9) (10)

ALL INDUSTRIES

All income types 15,127,351 87,251,267

Passive income * 6,466 450,004

High withholding tax interest — 263,153

Financial services income — 49,337,353

Shipping income — * 4,111,550

Dividends from noncontrolled section

902 corp — * 3,187

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 15,120,884 33,086,020

Section 901(j) income — —

Income re-sourced by treaty — —

AGRICULTURE, FORESTRY,

FISHING, AND HUNTING

All income types — —

Passive income — —

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income — —

Section 901(j) income — —

Income re-sourced by treaty — —

MINING

All income types * 369,280 1,975,904

Passive income — * 21,663

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 369,280 1,954,240

Section 901(j) income — —

Income re-sourced by treaty — —

UTILITIES

All income types * 13,226 784,550

Passive income — * 273,136

High withholding tax interest — * 13

Financial services income — * 5,562

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 13,226 * 505,840

Section 901(j) income — —

Income re-sourced by treaty — —

CONSTRUCTION

All income types — * 107,451

Passive income — —

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income — * 107,451

Section 901(j) income — —

Income re-sourced by treaty — —

MANUFACTURING

All income types 14,612,814 21,097,281

Passive income * 6,466 148,224

High withholding tax interest — * 1,071

Financial services income — * 456,077

Shipping income — * 40,401

Dividends from noncontrolled section

902 corp — * 2,126

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 14,606,348 20,449,382

Section 901(j) income — —

Income re-sourced by treaty — —

WHOLESALE AND RETAIL TRADE

All income types * 111,489 1,682,666

Passive income — * 1,781

High withholding tax interest — —

Financial services income — * 11,407

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 111,489 1,669,478

Section 901(j) income — —

Income re-sourced by treaty — —

TRANSPORTATION AND WAREHOUSING

All income types — 4,724,738

Passive income — * 7

High withholding tax interest — —

Financial services income — —

Shipping income — * 4,071,149

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income — 653,581

Section 901(j) income — —

Income re-sourced by treaty — —

INFORMATION

All income types — 3,054,897

Passive income — * 879

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income — 3,054,018

Section 901(j) income — —

Income re-sourced by treaty — —

FINANCE, INSURANCE, AND REAL ESTATE

All income types — 15,943,921

Passive income — * 381

High withholding tax interest — * 2

Financial services income — 15,143,996

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income — 799,543

Section 901(j) income — —

Income re-sourced by treaty — —

SERVICES

All income types * 20,542 37,879,859

Passive income — * 3,933

High withholding tax interest — * 262,067

Financial services income — 33,720,312

Shipping income — —

Dividends from noncontrolled section

902 corp — * 1,061

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 20,542 3,892,487

Section 901(j) income — —

Income re-sourced by treaty — —

Foreign income and taxes

reported on Form 1118

Gross

income Deductions

(less loss)

Specifically

allocable

Industrial division and income type income Total

[section

863(b)] (4)

(11) (12)

ALL INDUSTRIES

All income types 9,176,112 202,269,920

Passive income * 2,430 1,876,663

High withholding tax interest * 136 1,028,408

Financial services income — 81,744,094

Shipping income — 6,960,589

Dividends from noncontrolled section

902 corp * (3) 741,611

Dividends from an IC-DISC or former

DISC (1) — * 9,387

Miscellaneous separately calculated

limitation — * 11,517

Certain distributions from a FSC or

former FSC (2) — 3,308,114

General limitation income 9,173,546 106,575,151

Section 901(j) income — * 2,371

Income re-sourced by treaty — * 12,015

AGRICULTURE, FORESTRY,

FISHING, AND HUNTING

All income types * 127,202 * 119,484

Passive income — * 6,355

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — * 743

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — **

General limitation income * 127,202 * 93,481

Section 901(j) income — —

Income re-sourced by treaty — —

MINING

All income types — 3,290,604

Passive income — 8,909

High withholding tax interest — * 4,912

Financial services income — —

Shipping income — **

Dividends from noncontrolled section

902 corp — * 10,318

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income — 3,266,464

Section 901(j) income — —

Income re-sourced by treaty — —

UTILITIES

All income types — 1,306,909

Passive income — 79,157

High withholding tax interest — * 4,339

Financial services income — * 32,438

Shipping income — **

Dividends from noncontrolled section

902 corp — * 38,526

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income — 1,143,853

Section 901(j) income — —

Income re-sourced by treaty — —

CONSTRUCTION

All income types — 381,474

Passive income — * 783

High withholding tax interest — * 20

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — * 845

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income — 379,826

Section 901(j) income — —

Income re-sourced by treaty — —

MANUFACTURING

All income types 8,215,612 76,260,938

Passive income * 2,260 1,440,295

High withholding tax interest * 136 100,993

Financial services income — 3,899,782

Shipping income — 466,502

Dividends from noncontrolled section

902 corp — 433,536

Dividends from an IC-DISC or former

DISC (1) — * 9,387

Miscellaneous separately calculated

limitation — * 10,191

Certain distributions from a FSC or

former FSC (2) — 2,935,211

General limitation income 8,213,215 66,950,656

Section 901(j) income — * 2,371

Income re-sourced by treaty — * 12,015

WHOLESALE AND RETAIL TRADE

All income types * 65,874 4,151,614

Passive income — 167,023

High withholding tax interest — 13,135

Financial services income — * 73,426

Shipping income — **

Dividends from noncontrolled section

902 corp * (3) 14,881

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — **

General limitation income * 65,874 3,868,115

Section 901(j) income — —

Income re-sourced by treaty — —

TRANSPORTATION AND WAREHOUSING

All income types * 3,128 8,035,750

Passive income * 1 4,099

High withholding tax interest — * 487

Financial services income — * 15,038

Shipping income — 6,248,963

Dividends from noncontrolled section

902 corp — * 3,634

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 3,127 1,763,529

Section 901(j) income — —

Income re-sourced by treaty — —

INFORMATION

All income types * 243,296 19,911,938

Passive income — 83,371

High withholding tax interest — * 3,559

Financial services income — * 19,571

Shipping income — * 142,009

Dividends from noncontrolled section

902 corp — 72,186

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — **

Certain distributions from a FSC or

former FSC (2) — * 211,806

General limitation income * 243,296 19,378,111

Section 901(j) income — —

Income re-sourced by treaty — —

FINANCE, INSURANCE, AND REAL ESTATE

All income types * 144 36,408,313

Passive income — 36,180

High withholding tax interest — 285,815

Financial services income — 34,185,448

Shipping income — **

Dividends from noncontrolled section

902 corp — 46,351

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — **

General limitation income * 144 1,833,236

Section 901(j) income — —

Income re-sourced by treaty — —

SERVICES

All income types 520,856 52,402,896

Passive income * 168 50,490

High withholding tax interest — 615,149

Financial services income — 43,518,392

Shipping income — * 93,722

Dividends from noncontrolled section

902 corp — 120,592

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — * 106,671

General limitation income 520,688 7,897,880

Section 901(j) income — —

Income re-sourced by treaty — —

Foreign income and taxes

reported on Form 1118

Deductions

Deductions allocable to

specific types of income

Rental,

royalty,

and licensing

expenses

Depreciation,

depletion,

Industrial division and income type Total and

amortization

(13) (14)

ALL INDUSTRIES

All income types 108,022,787 1,290,753

Passive income 511,814 8,431

High withholding tax interest 140,149 —

Financial services income 33,505,524 687,531

Shipping income 6,658,183 * 108,512

Dividends from noncontrolled section

902 corp 86,434 * (3)

Dividends from an IC-DISC or former

DISC (1) * 9,387 —

Miscellaneous separately calculated

limitation * 4,547 —

Certain distributions from a FSC or

former FSC (2) 3,288,078 —

General limitation income 63,818,371 486,279

Section 901(j) income * 268 —

Income re-sourced by treaty * 32 —

AGRICULTURE, FORESTRY,

FISHING, AND HUNTING

All income types * 71,634 —

Passive income — —

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) ** —

General limitation income * 52,728 —

Section 901(j) income — —

Income re-sourced by treaty — —

MINING

All income types 2,451,032 102,247

Passive income * 1,614 —

High withholding tax interest * 8 —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 622 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 2,448,789 102,247

Section 901(j) income — —

Income re-sourced by treaty — —

UTILITIES

All income types 615,244 * 5,784

Passive income 35,181 * (3)

High withholding tax interest * (3) —

Financial services income * 26,864 —

Shipping income — **

Dividends from noncontrolled section

902 corp * 5,100 * (3)

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 542,673 * 374

Section 901(j) income — —

Income re-sourced by treaty — —

CONSTRUCTION

All income types 336,455 * 1,183

Passive income * 742 * 10

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 58 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 335,655 * 1,173

Section 901(j) income — —

Income re-sourced by treaty — —

MANUFACTURING

All income types 42,276,285 224,324

Passive income 394,645 * 4,667

High withholding tax interest 27,463 —

Financial services income 2,170,180 * 5,755

Shipping income 386,215 * 38,979

Dividends from noncontrolled section

902 corp 45,837 —

Dividends from an IC-DISC or former

DISC (1) * 9,387 —

Miscellaneous separately calculated

limitation * 4,547 —

Certain distributions from a FSC or

former FSC (2) 2,935,036 —

General limitation income 36,302,674 174,922

Section 901(j) income * 268 —

Income re-sourced by treaty * 32 —

WHOLESALE AND RETAIL TRADE

All income types 2,682,751 4,979

Passive income 18,413 * 595

High withholding tax interest * 5,470 —

Financial services income * 45,416 * 240

Shipping income ** —

Dividends from noncontrolled section

902 corp * 1,680 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) ** —

General limitation income 2,597,284 4,144

Section 901(j) income — —

Income re-sourced by treaty — —

TRANSPORTATION AND WAREHOUSING

All income types 7,795,999 * 1,503

Passive income * 254 —

High withholding tax interest * 54 —

Financial services income * 12,591 —

Shipping income * 6,057,481 * 64

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 1,725,618 * 1,438

Section 901(j) income — —

Income re-sourced by treaty — —

INFORMATION

All income types 12,634,227 232,406

Passive income 18,628 —

High withholding tax interest * 42 —

Financial services income * 18,478 —

Shipping income * 119,319 * 64,059

Dividends from noncontrolled section

902 corp * 22,577 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) * 211,560 —

General limitation income 12,243,622 168,347

Section 901(j) income — —

Income re-sourced by treaty — —

FINANCE, INSURANCE, AND REAL ESTATE

All income types 17,775,632 266,215

Passive income 26,846 * 2,263

High withholding tax interest 95,048 —

Financial services income 16,465,403 * 253,962

Shipping income — —

Dividends from noncontrolled section

902 corp * 9,549 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) ** —

General limitation income 1,157,573 9,990

Section 901(j) income — —

Income re-sourced by treaty — —

SERVICES

All income types 21,383,528 452,113

Passive income 15,490 * 895

High withholding tax interest 12,064 —

Financial services income 14,766,592 * 427,574

Shipping income * 89,562 —

Dividends from noncontrolled section

902 corp 1,012 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) * 87,055 —

General limitation income 6,411,754 23,644

Section 901(j) income — —

Income re-sourced by treaty — —

Foreign income and taxes

reported on Form 1118

Deductions

Deductions allocable to

specific types of income

Rental,

royalty,

and

licensing

expenses

Service

Industrial division and income type Other expenses

(15) (16)

ALL INDUSTRIES

All income types 6,110,720 13,036,724

Passive income 49,050 * 2,293

High withholding tax interest * 1,614 * 1,590

Financial services income 980,954 937,327

Shipping income * 115,130 * 3,816,804

Dividends from noncontrolled section

902 corp * 102 * 1,832

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 4,963,871 8,276,878

Section 901(j) income — —

Income re-sourced by treaty — —

AGRICULTURE, FORESTRY,

FISHING, AND HUNTING

All income types * 686 * (3)

Passive income — —

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 686 * (3)

Section 901(j) income — —

Income re-sourced by treaty — —

MINING

All income types 25,709 649,775

Passive income * 4 —

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 25,705 649,775

Section 901(j) income — —

Income re-sourced by treaty — —

UTILITIES

All income types * 1,603 * 11,606

Passive income * 648 —

High withholding tax interest — —

Financial services income — * 2,007

Shipping income ** —

Dividends from noncontrolled section

902 corp * 26 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 913 * 9,599

Section 901(j) income — —

Income re-sourced by treaty — —

CONSTRUCTION

All income types * 1,675 256,540

Passive income * 24 —

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 1,651 256,540

Section 901(j) income — —

Income re-sourced by treaty — —

MANUFACTURING

All income types 1,741,975 1,240,576

Passive income * 11,136 * 521

High withholding tax interest — —

Financial services income — * 1,902

Shipping income * 113,040 * 2,631

Dividends from noncontrolled section

902 corp * 76 * 1,832

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 1,617,724 1,233,690

Section 901(j) income — —

Income re-sourced by treaty — —

WHOLESALE AND RETAIL TRADE

All income types 348,695 286,624

Passive income * 8,944 * 39

High withholding tax interest — —

Financial services income * 4 —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 339,747 286,586

Section 901(j) income — —

Income re-sourced by treaty — —

TRANSPORTATION AND WAREHOUSING

All income types * 4,649 5,510,783

Passive income * (*) —

High withholding tax interest — —

Financial services income — * 9,259

Shipping income * 36 * 3,814,172

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 4,613 1,687,352

Section 901(j) income — —

Income re-sourced by treaty — —

INFORMATION

All income types 2,283,489 1,282,885

Passive income * 6,962 —

High withholding tax interest — —

Financial services income — —

Shipping income * 1,806 —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 2,274,721 1,282,885

Section 901(j) income — —

Income re-sourced by treaty — —

FINANCE, INSURANCE, AND REAL ESTATE

All income types 700,719 1,368,707

Passive income 11,896 * 59

High withholding tax interest * 1,550 * 1,590

Financial services income 652,943 776,236

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 34,330 590,822

Section 901(j) income — —

Income re-sourced by treaty — —

SERVICES

All income types 1,001,519 2,429,227

Passive income 9,436 * 1,675

High withholding tax interest * 63 —

Financial services income * 328,006 * 147,924

Shipping income * 232 —

Dividends from noncontrolled section

902 corp * (3) —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 663,781 2,279,629

Section 901(j) income — —

Income re-sourced by treaty — —

Foreign income and taxes

reported on Form 1118

Deductions

Deductions

not

allocable

to specific

types of

income

Other

deductions

allocable

Industrial division and income type to specific Total

types of

income

(17) (18)

ALL INDUSTRIES

All income types 87,584,590 94,247,133

Passive income 452,040 1,364,849

High withholding tax interest 136,946 888,259

Financial services income 30,899,712 48,238,570

Shipping income 2,617,737 302,406

Dividends from noncontrolled section

902 corp 84,500 655,177

Dividends from an IC-DISC or former

DISC (1) * 9,387 —

Miscellaneous separately calculated

limitation * 4,547 * 6,969

Certain distributions from a FSC or

former FSC (2) 3,288,078 * 20,036

General limitation income 50,091,343 42,756,780

Section 901(j) income * 268 * 2,102

Income re-sourced by treaty * 32 * 11,984

AGRICULTURE, FORESTRY,

FISHING, AND HUNTING

All income types * 70,947 * 47,851

Passive income — * 6,355

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — * 743

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) ** —

General limitation income * 52,041 * 40,753

Section 901(j) income — —

Income re-sourced by treaty — —

MINING

All income types 1,673,301 839,572

Passive income * 1,610 7,295

High withholding tax interest * 8 * 4,904

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 622 * 9,697

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 1,671,062 817,676

Section 901(j) income — —

Income re-sourced by treaty — —

UTILITIES

All income types 596,250 691,665

Passive income * 34,532 43,977

High withholding tax interest * (3) * 4,339

Financial services income * 24,857 * 5,573

Shipping income — **

Dividends from noncontrolled section

902 corp * 5,074 * 33,426

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 531,787 601,180

Section 901(j) income — —

Income re-sourced by treaty — —

CONSTRUCTION

All income types 77,058 45,019

Passive income * 708 * 41

High withholding tax interest — * 20

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 58 * 787

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 76,292 44,171

Section 901(j) income — —

Income re-sourced by treaty — —

MANUFACTURING

All income types 39,069,409 33,984,654

Passive income 378,321 1,045,650

High withholding tax interest 27,463 73,529

Financial services income 2,162,523 1,729,602

Shipping income * 231,565 80,288

Dividends from noncontrolled section

902 corp 43,929 387,699

Dividends from an IC-DISC or former

DISC (1) * 9,387 —

Miscellaneous separately calculated

limitation * 4,547 * 5,643

Certain distributions from a FSC or

former FSC (2) 2,935,036 * 175

General limitation income 33,276,338 30,647,981

Section 901(j) income * 268 * 2,102

Income re-sourced by treaty * 32 * 11,984

WHOLESALE AND RETAIL TRADE

All income types 2,042,453 1,468,863

Passive income 8,835 148,610

High withholding tax interest * 5470 7,665

Financial services income * 45,173 * 28,009

Shipping income ** **

Dividends from noncontrolled section

902 corp * 1,680 13,201

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) ** —

General limitation income 1,966,808 1,270,831

Section 901(j) income — —

Income re-sourced by treaty — —

TRANSPORTATION AND WAREHOUSING

All income types 2,279,064 239,751

Passive income * 254 * 3,844

High withholding tax interest * 54 * 433

Financial services income * 3,332 * 2,447

Shipping income * 2,243,208 191,482

Dividends from noncontrolled section

902 corp — * 3,634

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 32,215 37,911

Section 901(j) income — —

Income re-sourced by treaty — —

INFORMATION

All income types 8,835,447 7,277,711

Passive income 11,666 64,743

High withholding tax interest * 42 * 3,517

Financial services income * 18,478 * 1,092

Shipping income * 53,454 * 22,689

Dividends from noncontrolled section

902 corp * 22,577 49,610

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — **

Certain distributions from a FSC or

former FSC (2) * 211,560 * 245

General limitation income 8,517,670 7,134,489

Section 901(j) income — —

Income re-sourced by treaty — —

FINANCE, INSURANCE, AND REAL ESTATE

All income types 15,439,991 18,632,680

Passive income 12,629 9,333

High withholding tax interest 91,908 190,767

Financial services income 14,782,261 17,720,045

Shipping income — **

Dividends from noncontrolled section

902 corp * 9,549 36,802

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) ** —

General limitation income 522,431 675,663

Section 901(j) income — —

Income re-sourced by treaty — —

SERVICES

All income types 17,500,670 31,019,368

Passive income 3,484 35,000

High withholding tax interest 12,001 603,085

Financial services income 13,863,088 28,751,801

Shipping income * 89,330 * 4,160

Dividends from noncontrolled section

902 corp * 1,012 119,580

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) * 87,055 * 19,616

General limitation income 3,444,700 1,486,127

Section 901(j) income — —

Income re-sourced by treaty — —

Foreign income and taxes

reported on Form 1118

Deductions

Deductions not allocable

to specific types of

income

Research

Industrial division and income type and Interest

development

(19) (20)

ALL INDUSTRIES

All income types 9,876,318 49,478,293

Passive income 100,470 917,624

High withholding tax interest 2,273 746,677

Financial services income 198,176 34,333,832

Shipping income * 9,556 141,728

Dividends from noncontrolled section

902 corp 26,147 515,748

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation * 456 * 3,303

Certain distributions from a FSC or

former FSC (2) — * 12,294

General limitation income 9,539,078 12,793,537

Section 901(j) income * 162 * 1,863

Income re-sourced by treaty — * 11,686

AGRICULTURE, FORESTRY,

FISHING, AND HUNTING

All income types * 24,454 * 10,035

Passive income * 214 * 5,385

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 417 * 283

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 23,823 * 4,367

Section 901(j) income — —

Income re-sourced by treaty — —

MINING

All income types * 54,061 295,441

Passive income * 131 5,770

High withholding tax interest * 29 * 3,920

Financial services income — —

Shipping income — **

Dividends from noncontrolled section

902 corp * 1,892 * 4,654

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 52,009 281,096

Section 901(j) income — —

Income re-sourced by treaty — —

UTILITIES

All income types * 398 643,746

Passive income * 13 41,322

High withholding tax interest — * 1,847

Financial services income — * 5,388

Shipping income — **

Dividends from noncontrolled section

902 corp * (3) * 31,363

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 385 560,655

Section 901(j) income — —

Income re-sourced by treaty — —

CONSTRUCTION

All income types * 415 * 8,334

Passive income * (3) * (3)

High withholding tax interest — * 2

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — * 756

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 415 * 7,576

Section 901(j) income — —

Income re-sourced by treaty — —

MANUFACTURING

All income types 7,230,395 12,813,048

Passive income 94,891 700,771

High withholding tax interest * 129 65,748

Financial services income 6,795 1,668,795

Shipping income * 932 68,692

Dividends from noncontrolled section

902 corp 23,451 313,586

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation * 142 * 2,346

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 7,103,893 9,979,561

Section 901(j) income * 162 * 1,863

Income re-sourced by treaty — * 11,686

WHOLESALE AND RETAIL TRADE

All income types 32,916 595,729

Passive income * 29 81,485

High withholding tax interest * 3 * 4,901

Financial services income — * 22,626

Shipping income — **

Dividends from noncontrolled section

902 corp * 122 6,868

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 32,762 479,303

Section 901(j) income — —

Income re-sourced by treaty — —

TRANSPORTATION AND WAREHOUSING

All income types * 17,961 89,798

Passive income — * 3,443

High withholding tax interest — * 230

Financial services income — * 1,307

Shipping income * 7,580 * 58,369

Dividends from noncontrolled section

902 corp * 14 * 3,421

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 10,367 23,029

Section 901(j) income — —

Income re-sourced by treaty — —

INFORMATION

All income types 2,140,229 997,890

Passive income * 5,137 54,111

High withholding tax interest — * 3,464

Financial services income * 91 * 674

Shipping income * 1,044 * 10,742

Dividends from noncontrolled section

902 corp * 222 * 49,105

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation ** **

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 2,133,420 878,837

Section 901(j) income — —

Income re-sourced by treaty — —

FINANCE, INSURANCE, AND REAL ESTATE

All income types * 55,721 11,746,321

Passive income — 4,935

High withholding tax interest * 5 156,329

Financial services income * 8,793 11,500,141

Shipping income — **

Dividends from noncontrolled section

902 corp * 1 25,678

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 46,923 59,167

Section 901(j) income — —

Income re-sourced by treaty — —

SERVICES

All income types 319,766 22,277,952

Passive income * 54 20,402

High withholding tax interest * 2,107 510,236

Financial services income * 182,497 21,134,901

Shipping income — * 137

Dividends from noncontrolled section

902 corp * 28 80,034

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — * 12,294

General limitation income 135,080 519,947

Section 901(j) income — —

Income re-sourced by treaty — —

Foreign income and taxes

reported on Form 1118

Deductions

Deductions

not

allocable

to specific

types of

income

Deductions

from oil

Industrial division and income type Other and gas

extraction

income (5)

(21) (22)

ALL INDUSTRIES

All income types 32,808,117 9,369,404

Passive income 312,363 * 4

High withholding tax interest 135,097 —

Financial services income 12,617,472 —

Shipping income 149,704 —

Dividends from noncontrolled section

902 corp 85,234 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation * 3,211 —

Certain distributions from a FSC or

former FSC (2) * 7,742 —

General limitation income 19,496,919 9,369,400

Section 901(j) income * 78 —

Income re-sourced by treaty * 297 —

AGRICULTURE, FORESTRY,

FISHING, AND HUNTING

All income types * 10,090 —

Passive income * 756 —

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 42 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 9,292 —

Section 901(j) income — —

Income re-sourced by treaty — —

MINING

All income types 463,133 * 178,756

Passive income * 1,085 —

High withholding tax interest * 955 —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 3,151 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 457,942 * 178,756

Section 901(j) income — —

Income re-sourced by treaty — —

UTILITIES

All income types * 47,061 * 10,551

Passive income * 2,641 —

High withholding tax interest * 2,492 —

Financial services income * 185 —

Shipping income — —

Dividends from noncontrolled section

902 corp * 2,062 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 39,681 * 10,551

Section 901(j) income — —

Income re-sourced by treaty — —

CONSTRUCTION

All income types * 23,061 —

Passive income * 17 —

High withholding tax interest * 2 —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 32 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 23,011 —

Section 901(j) income — —

Income re-sourced by treaty — —

MANUFACTURING

All income types 13,585,976 9,069,121

Passive income 238,937 * 4

High withholding tax interest 5,040 —

Financial services income 54,011 —

Shipping income 10,663 —

Dividends from noncontrolled section

902 corp 40,358 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation * 3,156 —

Certain distributions from a FSC or

former FSC (2) * 175 —

General limitation income 13,233,261 9,069,117

Section 901(j) income * 78 —

Income re-sourced by treaty * 297 —

WHOLESALE AND RETAIL TRADE

All income types 786,058 * 110,976

Passive income 56,849 —

High withholding tax interest * 2,705 —

Financial services income * 4,891 —

Shipping income * (3) —

Dividends from noncontrolled section

902 corp * 6,136 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 715,477 * 110,976

Section 901(j) income — —

Income re-sourced by treaty — —

TRANSPORTATION AND WAREHOUSING

All income types 129,211 —

Passive income * 392 —

High withholding tax interest * 146 —

Financial services income * 1,141 —

Shipping income * 124,116 —

Dividends from noncontrolled section

902 corp * 198 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 3,217 —

Section 901(j) income — —

Income re-sourced by treaty — —

INFORMATION

All income types 4,055,860 —

Passive income 5,219 —

High withholding tax interest * 53 —

Financial services income * 327 —

Shipping income * 10,903 —

Dividends from noncontrolled section

902 corp * 182 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation ** —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 4,038,876 —

Section 901(j) income — —

Income re-sourced by treaty — —

FINANCE, INSURANCE, AND REAL ESTATE

All income types 6,139,091 —

Passive income 1,510 —

High withholding tax interest 33,611 —

Financial services income 5,874,451 —

Shipping income — —

Dividends from noncontrolled section

902 corp * 9,043 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 220,476 —

Section 901(j) income — —

Income re-sourced by treaty — —

SERVICES

All income types 7,568,575 —

Passive income 4,957 —

High withholding tax interest 90,093 —

Financial services income 6,682,466 —

Shipping income * 4,022 —

Dividends from noncontrolled section

902 corp 24,028 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) * 7,322 —

General limitation income 755,686 —

Section 901(j) income — —

Income re-sourced by treaty — —

Foreign income and taxes

reported on Form 1118

Taxable

income Adjustments

Industrial division and income type (less loss) to taxable

before income

adjustments

(23) (24)

ALL INDUSTRIES

All income types 147,116,869 10,480,879

Passive income 5,567,513 169,103

High withholding tax interest 1,465,100 59,714

Financial services income 28,048,630 1,701,605

Shipping income 835,349 88,096

Dividends from noncontrolled section

902 corp 2,401,448 -237,971

Dividends from an IC-DISC or former

DISC (1) * 1,606 * -7

Miscellaneous separately calculated

limitation * 27,390 * -7,096

Certain distributions from a FSC or

former FSC (2) 61,988 3,002

General limitation income 108,672,198 8,707,371

Section 901(j) income * -1,588 * -2,927

Income re-sourced by treaty * 37,233 * -11

AGRICULTURE, FORESTRY,

FISHING, AND HUNTING

All income types 170,965 * 4,916

Passive income 5,584 * 321

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 805 * -177

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 164,577 * 4,772

Section 901(j) income — —

Income re-sourced by treaty — —

MINING

All income types 2,066,788 173,296

Passive income 59,630 2,121

High withholding tax interest * 37,973 * 3,988

Financial services income — —

Shipping income ** **

Dividends from noncontrolled section

902 corp * 43,777 * 7,844

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 1,925,756 159,992

Section 901(j) income ** **

Income re-sourced by treaty — —

UTILITIES

All income types 2,192,638 174,190

Passive income 354,583 -21,926

High withholding tax interest * 8,542 * -254

Financial services income * 8,505 * -2,409

Shipping income ** **

Dividends from noncontrolled section

902 corp * 76,604 * -23,225

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 1,741,719 219,320

Section 901(j) income — —

Income re-sourced by treaty — —

CONSTRUCTION

All income types 177,070 20,882

Passive income 8,623 * 408

High withholding tax interest * 1,634 —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 2,894 * -227

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 163,918 * 20,700

Section 901(j) income — —

Income re-sourced by treaty — —

MANUFACTURING

All income types 91,703,034 3,963,115

Passive income 3,771,531 201,145

High withholding tax interest 278,297 20,692

Financial services income 2,073,674 -11,815

Shipping income 68,879 -3,047

Dividends from noncontrolled section

902 corp 1,031,704 -154,766

Dividends from an IC-DISC or former

DISC (1) * 1,606 * -7

Miscellaneous separately calculated

limitation * -516 * -7,120

Certain distributions from a FSC or

former FSC (2) * 20,208 * -116

General limitation income 84,427,578 3,921,170

Section 901(j) income * -1,973 * -3,011

Income re-sourced by treaty * 32,049 * -11

WHOLESALE AND RETAIL TRADE

All income types 4,855,818 565,245

Passive income 152,209 -25,156

High withholding tax interest 32,332 * -2,365

Financial services income * 101,614 * -7,753

Shipping income ** **

Dividends from noncontrolled section

902 corp 20,649 -1,904

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 4,547,594 602,446

Section 901(j) income — —

Income re-sourced by treaty — —

TRANSPORTATION AND WAREHOUSING

All income types 1,051,003 14,909

Passive income 10,598 * 1,180

High withholding tax interest 17,242 * -68

Financial services income * 8,399 * -102

Shipping income 676,418 * 13,726

Dividends from noncontrolled section

902 corp * 5,850 * -2,763

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 332,495 * 2,936

Section 901(j) income — —

Income re-sourced by treaty — —

INFORMATION

All income types 11,290,825 3,462,969

Passive income 774,401 4,441

High withholding tax interest * 4,498 -88

Financial services income * 142 * -1,148

Shipping income * 65,128 * 65,126

Dividends from noncontrolled section

902 corp 499,417 * -18,175

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation ** **

Certain distributions from a FSC or

former FSC (2) * 28,695 * 9,904

General limitation income 9,890,637 3,402,884

Section 901(j) income — —

Income re-sourced by treaty — —

FINANCE, INSURANCE, AND REAL ESTATE

All income types 18,729,319 1,775,390

Passive income 147,164 66

High withholding tax interest 505,753 34,533

Financial services income 17,438,749 1,677,147

Shipping income ** **

Dividends from noncontrolled section

902 corp 152,925 -9,375

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 461,856 61,124

Section 901(j) income — —

Income re-sourced by treaty — —

SERVICES

All income types 14,879,407 325,967

Passive income 283,191 6,502

High withholding tax interest 578,827 3,278

Financial services income 8,417,548 47,685

Shipping income * -1,319 * -1,534

Dividends from noncontrolled section

902 corp 566,823 -35,204

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) * 13,085 * -6,787

General limitation income 5,016,068 312,027

Section 901(j) income — —

Income re-sourced by treaty ** —

Foreign income and taxes

reported on Form 1118

Foreign

taxes

available

for credit

Taxable

income

Industrial division and income type (less loss) Total

after

adjustments

(25) (26)

ALL INDUSTRIES

All income types 136,635,990 47,575,987

Passive income 5,398,410 674,146

High withholding tax interest 1,405,386 423,071

Financial services income 26,347,026 6,015,291

Shipping income 747,254 134,982

Dividends from noncontrolled section

902 corp 2,639,419 1,514,762

Dividends from an IC-DISC or former

DISC (1) * 1,613 —

Miscellaneous separately calculated

limitation * 34,487 —

Certain distributions from a FSC or

former FSC (2) * 58,986 * 90

General limitation income 99,964,827 38,804,728

Section 901(j) income * 1,339 —

Income re-sourced by treaty * 37,244 * 8,918

AGRICULTURE, FORESTRY,

FISHING, AND HUNTING

All income types 166,049 63,034

Passive income 5,263 204

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 982 * 1,826

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 159,805 * 61,004

Section 901(j) income — —

Income re-sourced by treaty — —

MINING

All income types 1,893,492 1,022,018

Passive income 57,509 3,831

High withholding tax interest * 33,985 * 9,712

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 35,933 * 28,224

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 1,765,764 980,251

Section 901(j) income ** —

Income re-sourced by treaty — —

UTILITIES

All income types 2,018,449 846,283

Passive income 376,509 52,243

High withholding tax interest * 8,797 * 2,186

Financial services income * 10,914 * 1,863

Shipping income — —

Dividends from noncontrolled section

902 corp * 99,829 * 29,545

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 1,522,399 760,445

Section 901(j) income — —

Income re-sourced by treaty — —

CONSTRUCTION

All income types 156,188 67,637

Passive income 8,215 393

High withholding tax interest * 1,634 * 167

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 3,120 * 1,061

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 143,218 66,017

Section 901(j) income — —

Income re-sourced by treaty — —

MANUFACTURING

All income types 87,739,919 33,251,300

Passive income 3,570,386 422,271

High withholding tax interest 257,605 55,704

Financial services income 2,085,489 856,248

Shipping income 71,925 * 15,911

Dividends from noncontrolled section

902 corp 1,186,469 845,136

Dividends from an IC-DISC or former

DISC (1) * 1,613 —

Miscellaneous separately calculated

limitation * 6,604 —

Certain distributions from a FSC or

former FSC (2) * 20,323 * 90

General limitation income 80,506,408 31,048,077

Section 901(j) income * 1,038 —

Income re-sourced by treaty * 32,059 * 7,864

WHOLESALE AND RETAIL TRADE

All income types 4,290,573 1,554,476

Passive income 177,365 33,104

High withholding tax interest 34,698 8,675

Financial services income * 109,367 * 21,606

Shipping income ** **

Dividends from noncontrolled section

902 corp 22,554 20,951

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 3,945,148 1,469,126

Section 901(j) income — —

Income re-sourced by treaty — —

TRANSPORTATION AND WAREHOUSING

All income types 1,036,094 188,793

Passive income 9,418 1,247

High withholding tax interest 17,311 1,864

Financial services income * 8,501 * 1,273

Shipping income 662,692 117,920

Dividends from noncontrolled section

902 corp * 8,613 * 4,164

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 329,559 62,326

Section 901(j) income — —

Income re-sourced by treaty — —

INFORMATION

All income types 7,827,856 2,768,786

Passive income 769,959 74,855

High withholding tax interest * 4,587 * 773

Financial services income * 1,290 * 2

Shipping income * 1 —

Dividends from noncontrolled section

902 corp 517,591 178,627

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation ** —

Certain distributions from a FSC or

former FSC (2) * 18,791 —

General limitation income 6,487,753 2,514,528

Section 901(j) income — —

Income re-sourced by treaty — —

FINANCE, INSURANCE, AND REAL ESTATE

All income types 16,953,929 3,343,076

Passive income 147,098 23,276

High withholding tax interest 471,221 107,988

Financial services income 15,761,602 2,983,244

Shipping income ** **

Dividends from noncontrolled section

902 corp 162,299 112,374

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 400,732 116,174

Section 901(j) income — —

Income re-sourced by treaty — —

SERVICES

All income types 14,553,440 4,470,585

Passive income 276,688 62,723

High withholding tax interest 575,549 236,002

Financial services income 8,369,863 2,151,054

Shipping income * 215 * 117

Dividends from noncontrolled section

902 corp 602,028 292,854

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) * 19,871 —

General limitation income 4,704,042 1,726,781

Section 901(j) income — —

Income re-sourced by treaty ** **

Foreign income and taxes

reported on Form 1118

Foreign taxes

available for credit

Reduction

for certain

Industrial division and income type foreign Carryover

taxes

(27) (28)

ALL INDUSTRIES

All income types 2,476,970 9,368,659

Passive income — 43,399

High withholding tax interest — 85,551

Financial services income — 225,381

Shipping income — * 9,389

Dividends from noncontrolled section

902 corp * 17 509,415

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation * 1,121 —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 2,475,831 8,495,176

Section 901(j) income — —

Income re-sourced by treaty — * 349

AGRICULTURE, FORESTRY,

FISHING, AND HUNTING

All income types — * 2,694

Passive income — —

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — * 1,418

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income — * 1,275

Section 901(j) income — —

Income re-sourced by treaty — —

MINING

All income types * 320,756 578,481

Passive income — * 241

High withholding tax interest — * 3,517

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — * 11,688

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 320,756 563,036

Section 901(j) income — —

Income re-sourced by treaty — —

UTILITIES

All income types * 2,214 46,850

Passive income — * 1,950

High withholding tax interest — * 45

Financial services income — * 519

Shipping income — —

Dividends from noncontrolled section

902 corp — * 7,930

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 2,214 * 36,406

Section 901(j) income — —

Income re-sourced by treaty — —

CONSTRUCTION

All income types — 10,919

Passive income — * 17

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — * 145

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income — 10,757

Section 901(j) income — —

Income re-sourced by treaty — —

MANUFACTURING

All income types 2,151,029 7,255,155

Passive income — 22,382

High withholding tax interest — 12,249

Financial services income — * 58,579

Shipping income — * 8,402

Dividends from noncontrolled section

902 corp * 17 310,253

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation * 1,121 —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 2,149,890 6,842,940

Section 901(j) income — —

Income re-sourced by treaty — * 349

WHOLESALE AND RETAIL TRADE

All income types * 137 361,988

Passive income — 5,462

High withholding tax interest — * 597

Financial services income — * 170

Shipping income — —

Dividends from noncontrolled section

902 corp — 9,129

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 137 346,630

Section 901(j) income — —

Income re-sourced by treaty — —

TRANSPORTATION AND WAREHOUSING

All income types — 13,159

Passive income — * 264

High withholding tax interest — * 23

Financial services income — * 316

Shipping income — * 987

Dividends from noncontrolled section

902 corp — * 1,759

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income — 9,811

Section 901(j) income — —

Income re-sourced by treaty — —

INFORMATION

All income types * 508 307,774

Passive income — * 806

High withholding tax interest — * 9

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — * 38,097

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 508 268,863

Section 901(j) income — —

Income re-sourced by treaty — —

FINANCE, INSURANCE, AND REAL ESTATE

All income types — 241,484

Passive income — 5,230

High withholding tax interest — 9,740

Financial services income — 141,425

Shipping income — —

Dividends from noncontrolled section

902 corp — 58,977

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income — 26,111

Section 901(j) income — —

Income re-sourced by treaty — —

SERVICES

All income types * 2,326 550,156

Passive income — 7,047

High withholding tax interest — 59,371

Financial services income — * 24,373

Shipping income — —

Dividends from noncontrolled section

902 corp — 70,019

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 2,326 389,346

Section 901(j) income — —

Income re-sourced by treaty — —

Foreign income and taxes

reported on Form 1118

Foreign taxes

available for credit

Paid or

accrued

Total paid,

accrued,

Industrial division and income type and deemed Total

paid

(29) (30)

ALL INDUSTRIES

All income types 40,684,298 13,608,822

Passive income 630,747 209,959

High withholding tax interest 337,520 289,842

Financial services income 5,789,909 3,634,347

Shipping income 125,593 84,388

Dividends from noncontrolled section

902 corp 1,005,365 66,645

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation * 1,121 —

Certain distributions from a FSC or

former FSC (2) * 90 —

General limitation income 32,785,383 9,322,498

Section 901(j) income — —

Income re-sourced by treaty * 8,569 * 1,143

AGRICULTURE, FORESTRY,

FISHING, AND HUNTING

All income types 60,340 16,414

Passive income 204 * 145

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 408 * 77

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 59,729 * 16,191

Section 901(j) income — —

Income re-sourced by treaty — —

MINING

All income types 764,294 646,320

Passive income 3,590 1,467

High withholding tax interest * 6,195 * 4,109

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 16,537 * 260

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 737,972 640,484

Section 901(j) income — —

Income re-sourced by treaty — —

UTILITIES

All income types 801,647 165,499

Passive income 50,293 47,730

High withholding tax interest * 2,141 * 2,141

Financial services income * 1,344 * 1,145

Shipping income — —

Dividends from noncontrolled section

902 corp * 21,616 * 1,659

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 726,253 112,824

Section 901(j) income — —

Income re-sourced by treaty — —

CONSTRUCTION

All income types 56,718 25,220

Passive income 376 376

High withholding tax interest * 167 * 167

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 915 * 32

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 55,260 24,644

Section 901(j) income — —

Income re-sourced by treaty — —

MANUFACTURING

All income types 28,147,174 7,011,736

Passive income 399,889 91,977

High withholding tax interest 43,455 40,334

Financial services income 797,669 458,562

Shipping income * 7,509 * 1,184

Dividends from noncontrolled section

902 corp 534,900 31,314

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation * 1,121 —

Certain distributions from a FSC or

former FSC (2) * 90 —

General limitation income 26,355,026 6,388,275

Section 901(j) income — —

Income re-sourced by treaty * 7,515 * 89

WHOLESALE AND RETAIL TRADE

All income types 1,192,625 445,015

Passive income 27,642 16,676

High withholding tax interest 8,078 4,636

Financial services income * 21,436 * 13,814

Shipping income ** **

Dividends from noncontrolled section

902 corp 11,823 1,765

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 1,122,633 407,495

Section 901(j) income — —

Income re-sourced by treaty — —

TRANSPORTATION AND WAREHOUSING

All income types 175,634 111,160

Passive income 983 295

High withholding tax interest 1,841 1,841

Financial services income * 957 * 957

Shipping income 116,933 * 82,575

Dividends from noncontrolled section

902 corp * 2,404 * 762

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 52,516 24,730

Section 901(j) income — —

Income re-sourced by treaty — —

INFORMATION

All income types 2,461,519 1,186,527

Passive income 74,050 29,096

High withholding tax interest * 765 * 765

Financial services income * 2 * 2

Shipping income — —

Dividends from noncontrolled section

902 corp 140,530 * 18,527

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 2,246,172 1,138,137

Section 901(j) income — —

Income re-sourced by treaty — —

FINANCE, INSURANCE, AND REAL ESTATE

All income types 3,101,592 1,730,942

Passive income 18,046 12,246

High withholding tax interest 98,247 88,762

Financial services income 2,841,819 1,580,934

Shipping income ** —

Dividends from noncontrolled section

902 corp 53,397 1,863

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 90,062 47,137

Section 901(j) income — —

Income re-sourced by treaty — —

SERVICES

All income types 3,922,755 2,269,990

Passive income 55,676 9,950

High withholding tax interest 176,630 147,087

Financial services income 2,126,681 1,578,934

Shipping income * 117 —

Dividends from noncontrolled section

902 corp 222,835 10,385

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 1,339,762 522,581

Section 901(j) income — —

Income re-sourced by treaty ** **

Foreign income and taxes

reported on Form 1118

Foreign taxes

available for credit

Paid or accrued

Taxes

withheld

at source

on–

Taxes

withheld at

Industrial division and income type source on Interest

dividends

(31) (32)

ALL INDUSTRIES

All income types 2,193,964 784,126

Passive income 60,020 31,672

High withholding tax interest 8,170 281,672

Financial services income 236,024 338,852

Shipping income * 2,120 * 1,657

Dividends from noncontrolled section

902 corp 65,781 * 7

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 1,821,761 130,265

Section 901(j) income — —

Income re-sourced by treaty * 89 —

AGRICULTURE, FORESTRY,

FISHING, AND HUNTING

All income types 1,798 * 965

Passive income * 8 * 1

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 77 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 1,712 * 964

Section 901(j) income — —

Income re-sourced by treaty — —

MINING

All income types 12,727 10,429

Passive income * 108 * 601

High withholding tax interest — * 4,109

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 260 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 12,359 5,719

Section 901(j) income — —

Income re-sourced by treaty — —

UTILITIES

All income types 51,114 13,358

Passive income * 842 * 84

High withholding tax interest — * 2,141

Financial services income * 132 —

Shipping income — —

Dividends from noncontrolled section

902 corp * 1,659 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 48,481 * 11,132

Section 901(j) income — —

Income re-sourced by treaty — —

CONSTRUCTION

All income types 651 * 553

Passive income 51 * 119

High withholding tax interest — * 167

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * (3) —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 599 * 266

Section 901(j) income — —

Income re-sourced by treaty — —

MANUFACTURING

All income types 1,651,031 153,943

Passive income 37,891 18,177

High withholding tax interest * 304 40,030

Financial services income * 51,808 * 1,192

Shipping income * 592 * 126

Dividends from noncontrolled section

902 corp 30,553 * 7

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 1,529,795 94,411

Section 901(j) income — —

Income re-sourced by treaty * 89 —

WHOLESALE AND RETAIL TRADE

All income types 102,024 15,176

Passive income 7,370 2,922

High withholding tax interest — 4,636

Financial services income * 2,422 * 2,003

Shipping income — —

Dividends from noncontrolled section

902 corp 1,765 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 89,838 5,616

Section 901(j) income — —

Income re-sourced by treaty — —

TRANSPORTATION AND WAREHOUSING

All income types 3,926 3,827

Passive income * 59 * 220

High withholding tax interest — 1,841

Financial services income * 957 —

Shipping income * 899 * 1,531

Dividends from noncontrolled section

902 corp * 762 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 1,250 * 235

Section 901(j) income — —

Income re-sourced by treaty — —

INFORMATION

All income types 99,077 8,481

Passive income 4,388 6,106

High withholding tax interest — * 765

Financial services income * 2 —

Shipping income — —

Dividends from noncontrolled section

902 corp * 18,527 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 76,159 1,610

Section 901(j) income — —

Income re-sourced by treaty — —

FINANCE, INSURANCE, AND REAL ESTATE

All income types 131,904 362,150

Passive income 7,774 934

High withholding tax interest * 124 88,638

Financial services income 118,476 272,190

Shipping income — —

Dividends from noncontrolled section

902 corp 1,793 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 3,737 388

Section 901(j) income — —

Income re-sourced by treaty — —

SERVICES

All income types 139,713 215,244

Passive income 1,529 2,508

High withholding tax interest * 7,741 139,346

Financial services income 62,227 63,468

Shipping income — —

Dividends from noncontrolled section

902 corp 10,385 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 57,831 9,922

Section 901(j) income — —

Income re-sourced by treaty — —

Foreign income and taxes

reported on Form 1118

Foreign taxes

available for credit

Paid or accrued

Taxes Other

withheld taxes paid

at source or accrued

on– on–

Rents,

royalties, Branch

Industrial division and income type and license income

fees

(33) (34)

ALL INDUSTRIES

All income types 2,213,430 4,861,563

Passive income 25,052 5,805

High withholding tax interest — —

Financial services income 17,739 1,925,241

Shipping income * 2,574 * 15,701

Dividends from noncontrolled section

902 corp * 358 * 53

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 2,167,707 2,914,763

Section 901(j) income — —

Income re-sourced by treaty — —

AGRICULTURE, FORESTRY,

FISHING, AND HUNTING

All income types * 3,047 * 8,276

Passive income * 134 —

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 2,913 * 8,276

Section 901(j) income — —

Income re-sourced by treaty — —

MINING

All income types 15,307 256,348

Passive income — * 46

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 15,307 256,301

Section 901(j) income — —

Income re-sourced by treaty — —

UTILITIES

All income types — * 2,967

Passive income — —

High withholding tax interest — —

Financial services income — * 1,013

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income — * 1,955

Section 901(j) income — —

Income re-sourced by treaty — —

CONSTRUCTION

All income types 1,240 * 3,023

Passive income * 39 —

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 1,201 * 3,023

Section 901(j) income — —

Income re-sourced by treaty — —

MANUFACTURING

All income types 1,408,089 1,877,298

Passive income 11,298 4,247

High withholding tax interest — —

Financial services income * 858 * 24,961

Shipping income — * 32

Dividends from noncontrolled section

902 corp * 310 * 53

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 1,395,624 1,848,005

Section 901(j) income — —

Income re-sourced by treaty — —

WHOLESALE AND RETAIL TRADE

All income types 80,222 199,476

Passive income 5,645 * 103

High withholding tax interest — —

Financial services income — * 1,553

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 74,577 197,820

Section 901(j) income — —

Income re-sourced by treaty — —

TRANSPORTATION AND WAREHOUSING

All income types * 3,173 27,677

Passive income * 9 —

High withholding tax interest — —

Financial services income — —

Shipping income * 2,574 * 15,669

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 590 * 12,008

Section 901(j) income — —

Income re-sourced by treaty — —

INFORMATION

All income types 566,532 333,290

Passive income 4,262 * 41

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 562,270 333,249

Section 901(j) income — —

Income re-sourced by treaty — —

FINANCE, INSURANCE, AND REAL ESTATE

All income types 21,930 661,282

Passive income 845 * 104

High withholding tax interest — —

Financial services income 13,324 638,868

Shipping income — —

Dividends from noncontrolled section

902 corp * 49 —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 7,712 22,310

Section 901(j) income — —

Income re-sourced by treaty — —

SERVICES

All income types 113,889 1,491,927

Passive income 2,820 * 1,264

High withholding tax interest — —

Financial services income * 3,557 1,258,846

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 107,513 231,817

Section 901(j) income — —

Income re-sourced by treaty — —

Foreign income and taxes

reported on Form 1118

Foreign taxes

available for credit

Paid or accrued

Other taxes paid

or accrued on–

Specifically

allocable

Industrial division and income type income Service

[section income

863(b)]

(35) (36)

ALL INDUSTRIES

All income types 8,524 387,240

Passive income * 69 * 463

High withholding tax interest — —

Financial services income * 64 48,015

Shipping income — * 61,735

Dividends from noncontrolled section

902 corp * (3) —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 8,391 * 277,026

Section 901(j) income — —

Income re-sourced by treaty — —

AGRICULTURE, FORESTRY,

FISHING, AND HUNTING

All income types — * 21

Passive income — —

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income — * 21

Section 901(j) income — —

Income re-sourced by treaty — —

MINING

All income types — 25,385

Passive income — —

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income — 25,385

Section 901(j) income — —

Income re-sourced by treaty — —

UTILITIES

All income types — * 2,521

Passive income — —

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income — * 2,521

Section 901(j) income — —

Income re-sourced by treaty — —

CONSTRUCTION

All income types — 8,328

Passive income — —

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income — 8,328

Section 901(j) income — —

Income re-sourced by treaty — —

MANUFACTURING

All income types 2,726 118,969

Passive income * 69 * 322

High withholding tax interest — —

Financial services income — * 4,692

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 2,657 113,955

Section 901(j) income — —

Income re-sourced by treaty — —

WHOLESALE AND RETAIL TRADE

All income types * 259 8,526

Passive income — —

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * (3) —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 259 8,526

Section 901(j) income — —

Income re-sourced by treaty — —

TRANSPORTATION AND WAREHOUSING

All income types * 590 70,671

Passive income — —

High withholding tax interest — —

Financial services income — —

Shipping income — * 61,735

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 590 8,936

Section 901(j) income — —

Income re-sourced by treaty — —

INFORMATION

All income types * 2,161 22,774

Passive income — —

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 2,161 22,774

Section 901(j) income — —

Income re-sourced by treaty — —

FINANCE, INSURANCE, AND REAL ESTATE

All income types * 64 43,908

Passive income — —

High withholding tax interest — —

Financial services income * 64 36,523

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income — 7,385

Section 901(j) income — —

Income re-sourced by treaty — —

SERVICES

All income types * 2,724 86,138

Passive income — * 142

High withholding tax interest — —

Financial services income — * 6,800

Shipping income — —

Dividends from noncontrolled section

902 corp — —

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 2,724 79,196

Section 901(j) income — —

Income re-sourced by treaty — —

Foreign income and taxes

reported on Form 1118

Foreign taxes

available for credit

Paid or

accrued

Other

taxes

paid or

accrued

on–

Taxes

Industrial division and income type Other deemed

income paid

(37) (38)

ALL INDUSTRIES

All income types 3,159,976 27,075,476

Passive income 86,878 420,788

High withholding tax interest — 47,678

Financial services income 1,068,411 2,155,563

Shipping income * 601 41,205

Dividends from noncontrolled section

902 corp 446 938,720

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — * 1,121

Certain distributions from a FSC or

former FSC (2) — * 90

General limitation income 2,002,585 23,462,885

Section 901(j) income — —

Income re-sourced by treaty * 1,054 * 7,426

AGRICULTURE, FORESTRY,

FISHING, AND HUNTING

All income types * 2,307 * 43,927

Passive income * 3 * 59

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — * 330

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 2,304 * 43,538

Section 901(j) income — —

Income re-sourced by treaty — —

MINING

All income types 326,124 117,974

Passive income * 712 * 2,123

High withholding tax interest — * 2,087

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — * 16,277

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 325,412 97,488

Section 901(j) income — —

Income re-sourced by treaty — —

UTILITIES

All income types * 95,539 636,148

Passive income * 46,804 2,563

High withholding tax interest — —

Financial services income — * 200

Shipping income — —

Dividends from noncontrolled section

902 corp — * 19,957

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 48,735 613,429

Section 901(j) income — —

Income re-sourced by treaty — —

CONSTRUCTION

All income types 11,426 * 31,498

Passive income * 166 —

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp * 32 * 883

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 11,228 * 30,615

Section 901(j) income — —

Income re-sourced by treaty — —

MANUFACTURING

All income types 1,799,680 21,135,438

Passive income 19,975 307,912

High withholding tax interest — * 3,120

Financial services income * 375,051 339,107

Shipping income * 435 * 6,325

Dividends from noncontrolled section

902 corp * 392 503,585

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — * 1,121

Certain distributions from a FSC or

former FSC (2) — * 90

General limitation income 1,403,827 19,966,751

Section 901(j) income — —

Income re-sourced by treaty — * 7,426

WHOLESALE AND RETAIL TRADE

All income types 39,332 747,611

Passive income 636 10,966

High withholding tax interest — * 3,443

Financial services income * 7,835 * 7,623

Shipping income — **

Dividends from noncontrolled section

902 corp — 10,057

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 30,860 715,138

Section 901(j) income — —

Income re-sourced by treaty — —

TRANSPORTATION AND WAREHOUSING

All income types * 1,294 64,475

Passive income * 7 * 688

High withholding tax interest — —

Financial services income — —

Shipping income * 166 * 34,358

Dividends from noncontrolled section

902 corp — * 1,642

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income * 1,121 27,786

Section 901(j) income — —

Income re-sourced by treaty — —

INFORMATION

All income types 154,212 1,274,993

Passive income 14,297 44,954

High withholding tax interest — —

Financial services income — —

Shipping income — —

Dividends from noncontrolled section

902 corp — 122,003

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 139,915 1,108,036

Section 901(j) income — —

Income re-sourced by treaty — —

FINANCE, INSURANCE, AND REAL ESTATE

All income types 509,705 1,370,650

Passive income 2,590 5,800

High withholding tax interest — * 9,485

Financial services income 501,488 1,260,885

Shipping income — **

Dividends from noncontrolled section

902 corp * 21 51,534

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 5,606 42,925

Section 901(j) income — —

Income re-sourced by treaty — —

SERVICES

All income types 220,357 1,652,764

Passive income 1,688 45,725

High withholding tax interest — * 29,543

Financial services income 184,037 547,748

Shipping income — * 117

Dividends from noncontrolled section

902 corp — 212,450

Dividends from an IC-DISC or former

DISC (1) — —

Miscellaneous separately calculated

limitation — —

Certain distributions from a FSC or

former FSC (2) — —

General limitation income 33,578 817,181

Section 901(j) income — —

Income re-sourced by treaty ** —

* Data should be used with caution because of the small number

of returns on which they were based.

** Not shown to avoid disclosure of information about specific

taxpayers. However, the data are included in the appropriate

totals.

(1) Interest-Charge Domestic International Sales Corporation

(IC-DISC) and Domestic International Sales Corporation (DISC).

(2) Foreign Sales Corporation (FSC).

(3) Less than $500.

(4) Included in gross income (less loss), columns 2-8.

(5) Included in deductions, columns 12-21.

NOTE. Detail may not add to totals because of rounding.

Table 3.–U.S. Corporation Returns with a Foreign Tax Credit: Foreign

Income and Tax Reported on Form 1118, by Selected Country to Which

Foreign Tax Was Paid

[All figures are estimates based on samples–money amounts are in

thousands of dollars]

Foreign

income and

taxes

reported on

Form 1118

Gross

income

(less loss)

Number of

Selected country returns Total

(1) (2)

All countries 5,927 349,386,789

Canada 1,779 23,852,124

Latin America, total 1,301 40,563,434

Mexico 869 10,793,027

Central America, total 283 1,943,735

Belize 30 27,369

Costa Rica 137 264,983

El Salvador 107 170,816

Guatemala 145 350,406

Honduras 84 87,192

Nicaragua 48 43,078

Panama 183 968,766

Central America not allocable 4 * 31,124

Caribbean countries, total 359 4,214,736

Cayman Islands (British) 170 2,467,956

Dominican Republic 149 314,076

Haiti 35 67,385

Jamaica 104 128,487

Trinidad and Tobago 113 677,767

Other Caribbean countries 112 559,065

South America, total 870 21,161,837

Argentina 486 6,223,558

Bolivia 95 154,741

Brazil 550 7,893,023

Chile 314 2,313,341

Colombia 310 1,555,551

Ecuador 177 197,293

Paraguay 57 79

Peru 243 607,446

Uruguay 114 306,142

Venezuela 350 1,759,462

Other South America 43 71,992

Latin America not allocable 22 2,450,100

Other Western Hemisphere, total 339 6,872,801

Bahamas 97 1,350,512

Bermuda 210 3,429,865

Netherlands Antilles 81 377,520

Other British West Indies 119 462,459

All other Western Hemisphere 62 1,252,446

Europe, total 2,419 141,323,557

European Union, total 2,355 128,330,371

Austria 241 893,866

Belgium 365 5,827,425

Denmark 277 1,074,194

Finland 243 867,691

France 597 9,476,174

Germany 709 19,583,288

Greece 179 893,030

Ireland 303 5,414,442

Italy 542 6,673,809

Luxembourg 96 1,579,950

Netherlands 893 12,822,873

Portugal 201 555,898

Spain 535 3,493,856

Sweden 353 2,349,243

United Kingdom 1,363 56,793,961

European Union, not allocable 4 * 30,671

Other West European countries, total 576 9,052,279

Liechtenstein 11 * 17,592

Monaco 18 29,601

Norway 227 1,913,815

Switzerland 476 5,201,099

Turkey 177 1,828,052

Other West European countries 67 61,412

West European countries not allocable ** **

East European countries, total 381 3,065,052

Roman 65 88,349

Former Soviet Union 244 893,109

Other East European countries 280 2,083,593

Europe not allocable 31 875,856

Africa, total 499 4,589,999

North Africa, total 174 1,166,415

Algeria 30 89,077

Egypt 138 965,657

Libya 5 * 473

Morocco 65 47,401

Other North Africa 43 63,808

East Africa, total 111 227,485

Ethiopia 18 41,645

Kenya 60 91,689

Tanzania 17 1,066

Uganda 15 3,152

Other East Africa 76 89,933

West and Central Africa, total 157 2,155,415

Gabon 44 27,624

Ghana 27 90,706

Liberia 33 130,031

Nigeria 66 1,075,925

Zaire 10 * -67,869

Other West and Central Africa 81 898,999

Southern Africa, total 352 1,038,945

Malawi 10 * 4,233

Zimbabwe 48 25,528

South Africa (including Namibia) 342 956,674

Zambia 22 10,764

Qther Southern Africa 17 41,747

Africa not allocable 8 * 1,739

Asia, total 1,649 67,986,812

Middle East, total 426 4,746,724

Bahrain 63 388,924

Iran 17 12,012

Iraq 7 * 10,745

Israel 265 1,100,279

Kuwait 107 134,074

Lebanon 64 55,077

Qatar 59 101,177

Saudi Arabia 158 1,592,022

United Arab Emirates 124 672,316

Other areas of the Arabian Peninsula 67 404,993

Other Middle East 98 275,105

Southern and Southeast Asia, total 797 18,421,135

Bangladesh 28 42,293

India 323 1,245,921

Indonesia 286 3,759,952

Malaysia 314 1,513,932

Pakistan 89 367,704

Philippines 263 1,743,162

Singapore 444 7,279,021

Sri Lanka 48 68,427

Thailand 327 2,189,209

Vietnam 57 46,425

Other Southern and Southeast Asia 50 165,089

Eastern Asia, total 1,379 40,884,803

China 377 1,895,819

Hong Kong 457 6,717,780

Japan 1,109 18,803,324

South Korea 387 3,033,256

Taiwan 360 4,633,471

Other Eastern Asia 32 5,801,153

Asia not allocable 39 3,934,151

Oceania, total 878 10,955,550

Australia 830 9,391,370

New Zealand 330 1,074,640

Other Oceania 63 489,539

Puerto Rico and U.S. Possessions, total 449 6,068,415

Puerto Rico 398 5,170,569

U.S. Possessions, total 156 897,845

American Samoa 17 10,709

Guam 104 390,843

Virgin Islands 84 363,068

Other U.S. Possessions 28 133,226

Country not stated 2,890 43,793,002

Foreign Sales Corporation dividends (1) 72 3,370,102

Interest-Charge Domestic International

Sales Corporation dividends (1) 5 * 10,993

Foreign income and taxes

reported on Form 1118

Gross income (less loss)

Foreign

dividend

income

Selected country Dividends resulting from

foreign taxes

deemed paid

(gross-up)

(3) (4)

All countries 60,541,096 27,074,099

Canada 5,563,762 3,716,981

Latin America, total 7,249,626 1,933,814

Mexico 2,043,470 764,394

Central America, total 536,679 93,634

Belize * 877 * 14

Costa Rica 18,586 4,925

El Salvador 9,499 * 3,065

Guatemala 27,817 9,065

Honduras 6,869 * 3,537

Nicaragua * 10,500 * 2,945

Panama 462,524 70,080

Central America not allocable * 6 * 3

Caribbean countries, total 1,270,381 114,350

Cayman Islands (British) 1,003,097 76,754

Dominican Republic 74,920 * 21,561

Haiti * 5,009 * 802

Jamaica * 3,612 * 4,178

Trinidad and Tobago 32,586 * 4,922

Other Caribbean countries 151,158 6,133

South America, total 3,399,096 961,436

Argentina 549,970 217,638

Bolivia * 7,774 * 2,646

Brazil 1,964,595 503,993

Chile 279,024 36,093

Colombia 149,914 69,917

Ecuador 19,105 4,846

Paraguay * 198 * 21

Peru 18,010 14,586

Uruguay 27,534 7,218

Venezuela 382,943 104,477

Other South America * 28 —

Latin America not allocable — —

Other Western Hemisphere, total 2,230,644 172,249

Bahamas 146,571 12,187

Bermuda 1,688,179 120,948

Netherlands Antilles 132,943 18,099

Other British West Indies 261,329 19,863

All other Western Hemisphere * 1,622 * 1,152

Europe, total 31,533,478 15,573,111

European Union, total 28,935,936 14,698,942

Austria 210,834 85,553

Belgium 932,290 314,391

Denmark 241,430 96,710

Finland 90,427 38,605

France 1,530,680 821,145

Germany 5,446,733 2,878,564

Greece 40,038 24,860

Ireland 1,186,665 175,897

Italy 1,439,785 1,552,213

Luxembourg 569,079 874,653

Netherlands 5,014,783 2,331,361

Portugal 143,838 55,281

Spain 1,032,472 431,233

Sweden 787,195 409,481

United Kingdom 10,269,687 4,608,994

European Union, not allocable — —

Other West European countries, total 2,333,071 774,312

Liechtenstein * 13,305 * 301

Monaco * 14,333 * 10

Norway 170,334 107,435

Switzerland 2,051,281 628,593

Turkey 83,184 37,500

Other West European countries * 635 * 473

West European countries not allocable — —

East European countries, total 263,739 99,833

Roman * 1,659 * 364

Former Soviet Union 94,229 22,183

Other East European countries 167,852 77,286

Europe not allocable * 732 * 23

Africa, total 484,965 185,125

North Africa, total 62,589 20,813

Algeria * 10,632 * 10,553

Egypt 45,438 7,226

Libya — —

Morocco * 728 * 356

Other North Africa * 5,792 * 2,677

East Africa, total 24,914 8,672

Ethiopia — —

Kenya * 5,000 * 2,496

Tanzania — —

Uganda * 1,317 * 657

Other East Africa 18,596 * 5,519

West and Central Africa, total 299,923 78,588

Gabon * 15,240 * 1,454

Ghana * 28,028 * 13,618

Liberia 86,140 * 2,024

Nigeria 163,215 58,794

Zaire * 502 * 126

Other West and Central Africa * 6,799 * 2,573

Southern Africa, total 97,539 77,053

Malawi * 1,917 * 1,269

Zimbabwe 9,855 9,952

South Africa (including Namibia) 83,212 64,083

Zambia * 840 * 1,123

Qther Southern Africa * 1,715 * 626

Africa not allocable — —

Asia, total 5,895,283 3,778,228

Middle East, total 271,829 87,976

Bahrain * 12,653 * 384

Iran * 1,340 —

Iraq — —

Israel 118,346 35,664

Kuwait * 1,714 * 285

Lebanon * 457 * 29

Qatar — —

Saudi Arabia 76,055 32,254

United Arab Emirates 38,441 * 9,436

Other areas of the Arabian Peninsula * 11,485 * 9,532

Other Middle East 11,338 * 392

Southern and Southeast Asia, total 1,493,658 542,730

Bangladesh — —

India 45,256 36,247

Indonesia 269,020 187,342

Malaysia 77,183 25,568

Pakistan 4,471 * 2,330

Philippines 405,185 123,311

Singapore 478,428 102,864

Sri Lanka * 5,468 * 1,467

Thailand 205,974 62,637

Vietnam * 148 * 32

Other Southern and Southeast Asia * 2,526 * 931

Eastern Asia, total 4,129,774 3,147,518

China 83,298 13,167

Hong Kong 1,108,617 299,496

Japan 2,336,763 2,553,508

South Korea 281,698 194,702

Taiwan 319,355 86,645

Other Eastern Asia * 42 —

Asia not allocable * 22 * 3

Oceania, total 2,472,660 1,286,448

Australia 2,101,674 1,093,783

New Zealand 338,324 191,171

Other Oceania * 32,662 * 1,494

Puerto Rico and U.S. Possessions, total 359,358 75,446

Puerto Rico 285,146 39,772

U.S. Possessions, total 74,212 * 35,674

American Samoa — —

Guam * 36,954 * 18,355

Virgin Islands * 23,507 * 11,523

Other U.S. Possessions * 13,751 * 5,796

Country not stated 1,370,315 352,607

Foreign Sales Corporation dividends (1) 3,370,012 * 90

Interest-Charge Domestic International

Sales Corporation dividends (1) * 10,993 —

Foreign income and taxes

reported on Form 1118

Gross income (less loss)

Rents,

royalties,

Selected country Interest and

license fees

(5) (6)

All countries 68,413,782 55,875,295

Canada 4,048,835 2,932,801

Latin America, total 11,644,780 3,672,998

Mexico 2,652,695 1,127,290

Central America, total 372,342 194,956

Belize * 6,507 * 37

Costa Rica 17,137 36,745

El Salvador 34,105 7,876

Guatemala 57,670 52,719

Honduras 15,080 4,547

Nicaragua * 1,560 1,453

Panama 240,184 66,000

Central America not allocable * 99 * 25,580

Caribbean countries, total 1,250,479 219,475

Cayman Islands (British) 1,128,471 164,728

Dominican Republic 63,586 20,511

Haiti * 7,852 * 933

Jamaica 27,613 11,124

Trinidad and Tobago 15,229 8,477

Other Caribbean countries 7,729 13,701

South America, total 7,064,825 1,937,088

Argentina 2,599,215 380,608

Bolivia 56,590 7,473

Brazil 2,566,876 933,427

Chile 766,458 152,889

Colombia 222,553 147,361

Ecuador 75,746 21,386

Paraguay * 52,996 6,429

Peru 134,352 50,643

Uruguay 123,102 27,229

Venezuela 462,148 207,291

Other South America * 4,789 2,352

Latin America not allocable * 304,439 * 194,189

Other Western Hemisphere, total 2,347,205 70,316

Bahamas 1,146,217 6,743

Bermuda 1,057,733 6,330

Netherlands Antilles 49,157 39,694

Other British West Indies 65,887 11,387

All other Western Hemisphere 28,211 6,163

Europe, total 25,187,378 24,707,447

European Union, total 22,679,937 22,269,270

Austria 80,435 304,788

Belgium 813,332 836,596

Denmark 77,058 295,950

Finland 82,118 272,775

France 788,762 2,640,491

Germany 987,875 3,741,322

Greece 363,852 238,180

Ireland 247,889 3,378,872

Italy 754,918 1,355,190

Luxembourg 50,207 72,170

Netherlands 537,585 2,641,845

Portugal 43,034 152,001

Spain 247,933 1,144,001

Sweden 227,791 431,364

United Kingdom 17,377,147 4,763,310

European Union, not allocable — * 414

Other West European countries, total 2,006,093 1,333,160

Liechtenstein * 742 * 88

Monaco * 979 * 187

Norway 209,868 191,755

Switzerland 354,587 963,768

Turkey 1,430,805 166,267

Other West European countries 8,452 11,048

West European countries not allocable ** **

East European countries, total 494,932 985,211

Roman 19,749 22,994

Former Soviet Union 330,589 125,921

Other East European countries 144,593 836,296

Europe not allocable * 6,417 119,807

Africa, total 436,941 517,459

North Africa, total 133,714 86,535

Algeria * 3,081 * 1,501

Egypt 91,619 78,442

Libya — —

Morocco 11,159 6,125

Other North Africa 27,855 * 467

East Africa, total 35,847 30,802

Ethiopia * 1,437 * 2,662

Kenya 29,042 7,941

Tanzania — * 334

Uganda * 6 * 213

Other East Africa 5,363 19,652

West and Central Africa, total 68,597 87,119

Gabon * 3,495 * -122

Ghana * 384 * 112

Liberia 27,428 —

Nigeria 9,679 62,502

Zaire * 508 * 759

Other West and Central Africa 27,103 23,869

Southern Africa, total 197,396 312,932

Malawi — * 99

Zimbabwe * 226 2,807

South Africa (including Namibia) 195,962 271,589

Zambia * 102 * 1,129

Qther Southern Africa * 1,105 * 37,307

Africa not allocable * 1,386 * 70

Asia, total 12,534,280 15,768,639

Middle East, total 646,134 539,311

Bahrain 298,724 1,006

Iran — * 1,066

Iraq * 129 —

Israel 114,153 139,710

Kuwait * 416 15,963

Lebanon * 17,741 16,321

Qatar 18,128 5,919

Saudi Arabia 52,421 221,528

United Arab Emirates 121,448 29,844

Other areas of the Arabian Peninsula * 11,518 23,348

Other Middle East 11,457 84,604

Southern and Southeast Asia, total 3,830,110 4,914,497

Bangladesh * 18,297 * 181

India 397,428 83,062

Indonesia 683,100 119,414

Malaysia 291,249 244,810

Pakistan 204,166 4,326

Philippines 469,837 126,604

Singapore 1,170,370 3,767,037

Sri Lanka * 10,180 30,335

Thailand 494,110 516,152

Vietnam * 17,764 1,401

Other Southern and Southeast Asia 73,608 21,175

Eastern Asia, total 5,455,910 9,939,594

China 136,837 538,606

Hong Kong 2,085,930 422,757

Japan 1,250,555 7,067,258

South Korea 950,475 888,259

Taiwan 1,010,187 1,021,434

Other Eastern Asia * 21,925 * 1,280

Asia not allocable * 2,602,126 * 375,238

Oceania, total 1,551,212 1,325,536

Australia 1,353,537 1,179,089

New Zealand 157,360 137,011

Other Oceania 40,316 9,435

Puerto Rico and U.S. Possessions, total 1,344,369 1,681,336

Puerto Rico 1,006,771 1,670,845

U.S. Possessions, total 337,598 10,492

American Samoa * 6,918 * 250

Guam 139,098 4,484

Virgin Islands 126,862 3,612

Other U.S. Possessions 64,721 * 2,145

Country not stated 9,318,782 5,198,234

Foreign Sales Corporation dividends (1) — —

Interest-Charge Domestic International

Sales Corporation dividends (1) — —

Foreign income and taxes

reported on Form 1118

Gross income (less loss)

Service Other

Selected country income income

(7) (8)

All countries 23,414,004 114,068,512

Canada 996,488 6,593,257

Latin America, total 4,247,751 11,814,466

Mexico 720,557 3,484,620

Central America, total 115,254 630,870

Belize * 146 19,788

Costa Rica 6,155 181,436

El Salvador 13,388 102,884

Guatemala 65,287 137,847

Honduras 10,857 46,301

Nicaragua * 1,287 25,333

Panama 18,133 111,845

Central America not allocable — * 5,436

Caribbean countries, total 383,340 976,712

Cayman Islands (British) 13,328 81,578

Dominican Republic 14,880 118,618

Haiti * 12,840 39,949

Jamaica 27,479 54,481

Trinidad and Tobago 108,121 508,434

Other Caribbean countries 206,692 173,651

South America, total 1,141,611 6,657,781

Argentina 293,237 2,182,890

Bolivia 46,131 34,128

Brazil 242,702 1,681,430

Chile 114,254 964,623

Colombia 148,912 816,894

Ecuador 9,379 66,830

Paraguay 4,111 15,533

Peru 53,862 335,993

Uruguay 33,345 87,713

Venezuela 182,304 420,298

Other South America * 13,375 51,449

Latin America not allocable * 1,886,988 64,484

Other Western Hemisphere, total 1,309,192 743,196

Bahamas 16,189 22,605

Bermuda 67,847 488,828

Netherlands Antilles 9,012 128,616

Other British West Indies 7,500 96,493

All other Western Hemisphere 1,208,643 6,654

Europe, total 5,580,812 38,741,332

European Union, total 4,809,010 34,937,276

Austria 17,585 194,671

Belgium 219,558 2,711,257

Denmark 25,672 337,375

Finland 19,766 364,000

France 334,998 3,360,097

Germany 555,713 5,973,080

Greece 11,870 214,231

Ireland 188,319 236,799

Italy 214,834 1,356,868

Luxembourg 2,749 11,090

Netherlands 244,398 2,052,900

Portugal 22,289 139,455

Spain 91,326 546,892

Sweden 107,137 386,276

United Kingdom 2,752,795 17,022,028

European Union, not allocable — * 30,258

Other West European countries, total 256,875 2,348,768

Liechtenstein * 891 * 2,266

Monaco * 5,973 * 8,119

Norway 88,184 1,146,239

Switzerland 133,792 1,069,079

Turkey 24,346 85,950

Other West European countries 3,689 37,115

West European countries not allocable — —

East European countries, total 339,382 881,955

Roman 12,062 31,521

Former Soviet Union 129,844 190,344

Other East European countries 197,476 660,091

Europe not allocable * 175,544 573,334

Africa, total 671,483 2,294,028

North Africa, total 113,764 749,000

Algeria * 33,691 29,619

Egypt 77,331 665,601

Libya — * 473

Morocco 2,549 26,483

Other North Africa * 194 26,823

East Africa, total 17,067 110,183

Ethiopia * 93 * 37,453

Kenya * 3,312 43,899

Tanzania * 119 * 613

Uganda * 83 * 875

Other East Africa 13,459 27,344

West and Central Africa, total 415,536 1,205,651

Gabon * 2,351 5,205

Ghana * 2,728 45,837

Liberia * 6,617 * 7,822

Nigeria 70,547 711,188

Zaire * 1,425 * -71,189

Other West and Central Africa 331,868 506,788

Southern Africa, total 124,953 229,073

Malawi * 2 * 945

Zimbabwe * 228 2,460

South Africa (including Namibia) 124,415 217,414

Zambia * 297 * 7,272

Qther Southern Africa * 11 * 983

Africa not allocable * 163 * 119

Asia, total 4,168,955 25,841,426

Middle East, total 709,062 2,492,412

Bahrain 20,545 55,613

Iran — * 9,606

Iraq — * 10,616

Israel 58,187 634,219

Kuwait 77,377 38,319

Lebanon * 1,004 19,526

Qatar 49,119 28,011

Saudi Arabia 330,550 879,214

United Arab Emirates 60,680 412,467

Other areas of the Arabian Peninsula 103,122 245,988

Other Middle East 8,479 158,833

Southern and Southeast Asia, total 1,025,584 6,614,556

Bangladesh 2,119 21,695

India 147,367 536,561

Indonesia 88,719 2,412,356

Malaysia 139,182 735,939

Pakistan 4,328 148,083

Philippines 91,994 526,231

Singapore 361,017 1,399,305

Sri Lanka 3,804 17,173

Thailand 132,796 777,540

Vietnam 16,172 10,908

Other Southern and Southeast Asia 38,084 28,765

Eastern Asia, total 2,216,376 15,995,632

China 522,121 601,789

Hong Kong 469,223 2,331,757

Japan 764,021 4,831,219

South Korea 164,721 553,400

Taiwan 269,789 1,926,060

Other Eastern Asia * 26,500 5,751,406

Asia not allocable * 217,933 738,829

Oceania, total 694,156 3,625,537

Australia 419,505 3,243,782

New Zealand 43,236 207,538

Other Oceania 231,416 174,217

Puerto Rico and U.S. Possessions, total 749,291 1,858,614

Puerto Rico 642,524 1,525,511

U.S. Possessions, total 106,767 333,104

American Samoa * 950 * 2,591

Guam 51,074 140,877

Virgin Islands 50,775 146,789

Other U.S. Possessions * 3,967 * 42,846

Country not stated 4,995,876 22,556,656

Foreign Sales Corporation dividends (1) — —

Interest-Charge Domestic International

Sales Corporation dividends (1) — —

Foreign income and taxes

reported on Form 1118

Oil and gas

extraction Foreign

Selected country income branch

(less income (2)

loss) (2)

(9) (10)

All countries 15,127,351 87,251,267

Canada 517,144 2,875,140

Latin America, total 761,005 12,796,437

Mexico * -4 2,956,277

Central America, total * 17 569,013

Belize — * 13,798

Costa Rica — 63,918

El Salvador — 59,592

Guatemala * 17 136,752

Honduras — 35,707

Nicaragua — 16,256

Panama — 232,556

Central America not allocable — * 10,432

Caribbean countries, total * 401,947 1,171,626

Cayman Islands (British) * -2,945 609,644

Dominican Republic — 103,342

Haiti — * 27,208

Jamaica — 60,477

Trinidad and Tobago * 404,892 167,862

Other Caribbean countries — 203,092

South America, total 359,045 6,292,348

Argentina * 137,233 2,068,253

Bolivia * 6 40,119

Brazil * 849 1,897,649

Chile * 184 761,540

Colombia * 189,038 709,632

Ecuador * 400 56,567

Paraguay — 68,362

Peru * 945 166,210

Uruguay — 140,178

Venezuela * 30,391 355,512

Other South America — 28,326

Latin America not allocable — * 1,807,173

Other Western Hemisphere, total * 39,442 2,842,852

Bahamas * 2,054 1,121,859

Bermuda * 37,388 387,907

Netherlands Antilles — * 51,040

Other British West Indies — 56,165

All other Western Hemisphere — * 1,225,881

Europe, total 6,487,019 32,915,251

European Union, total 5,550,097 29,479,165

Austria * 67 114,670

Belgium * 172 2,088,174

Denmark * 177,905 234,789

Finland — 32,244

France * 11,647 1,310,722

Germany * 17,302 2,887,062

Greece — 418,679

Ireland — 101,135

Italy * 38 1,186,180

Luxembourg — 21,913

Netherlands * 637,268 585,814

Portugal * 243 80,547

Spain * -10 457,082

Sweden — 258,037

United Kingdom 4,705,466 19,675,159

European Union, not allocable — * 26,959

Other West European countries, total * 767,515 2,315,185

Liechtenstein — —

Monaco — * 4,997

Norway 767,768 673,288

Switzerland — 793,760

Turkey * -316 842,792

Other West European countries * 63 * 348

West European countries not allocable — —

East European countries, total * 169,407 753,761

Roman * 85 * 49,793

Former Soviet Union * 169,322 332,098

Other East European countries — 371,870

Europe not allocable — * 367,140

Africa, total 781,514 1,272,890

North Africa, total * 414,782 455,611

Algeria * 13,373 * 11,530

Egypt * 401,389 359,944

Libya — * 11

Morocco — * 35,906

Other North Africa * 20 * 48,220

East Africa, total — 67,035

Ethiopia — * 9,476

Kenya — 40,930

Tanzania — * (3)

Uganda — —

Other East Africa — * 16,629

West and Central Africa, total * 366,732 415,399

Gabon * 12,519 * 9,089

Ghana — * 13,139

Liberia — * 6,671

Nigeria * 200,961 * 43,188

Zaire * 5,985 * 15

Other West and Central Africa * 147,266 343,297

Southern Africa, total — 334,845

Malawi — —

Zimbabwe — * 324

South Africa (including Namibia) — 327,523

Zambia — * 6,992

Qther Southern Africa — * 6

Africa not allocable — —

Asia, total 1,968,136 26,122,956

Middle East, total * 708,014 1,641,987

Bahrain — 311,976

Iran — —

Iraq — * 633

Israel — 41,907

Kuwait — 32,731

Lebanon — * 27,468

Qatar * -12,508 22,089

Saudi Arabia * 330,382 587,017

United Arab Emirates * 234,510 361,233

Other areas of the Arabian Peninsula * 155,630 * 151,848

Other Middle East — 105,086

Southern and Southeast Asia, total 1,151,016 5,420,740

Bangladesh — * 28,930

India — 376,088

Indonesia 757,085 641,805

Malaysia * 337,544 673,698

Pakistan * 20,480 264,606

Philippines * -543 520,567

Singapore * 1,278 2,030,849

Sri Lanka — * 21,010

Thailand * 35,172 702,483

Vietnam — * 33,306

Other Southern and Southeast Asia — 127,399

Eastern Asia, total * 109,107 17,587,965

China * 91,568 604,890

Hong Kong — 3,483,993

Japan * 17,539 4,438,426

South Korea — 973,611

Taiwan — 2,353,417

Other Eastern Asia — * 5,733,628

Asia not allocable — 1,472,265

Oceania, total * 760,982 3,377,950

Australia * 717,326 2,886,533

New Zealand * -3 229,188

Other Oceania * 43,659 * 262,229

Puerto Rico and U.S. Possessions, total — 2,329,308

Puerto Rico — 1,951,090

U.S. Possessions, total — 378,219

American Samoa — * 6,811

Guam — 242,378

Virgin Islands — 116,569

Other U.S. Possessions — * 12,461

Country not stated 3,812,109 2,699,095

Foreign Sales Corporation dividends (1) — —

Interest-Charge Domestic International

Sales Corporation dividends (1) — —

Foreign income and taxes

reported on Form 1118

Specifically

allocable

Selected country income Total

[section deductions

863(b)] (2)

(11) (12)

All countries 9,176,112 202,269,920

Canada 750,542 10,450,401

Latin America, total 289,954 25,234,836

Mexico 190,403 6,040,618

Central America, total 4,424 1,057,421

Belize * 106 27,512

Costa Rica 1,033 107,835

El Salvador * 247 99,377

Guatemala 456 245,929

Honduras * 144 52,476

Nicaragua * 63 14,400

Panama * 569 481,346

Central America not allocable * 1,806 * 28,547

Caribbean countries, total 8,337 2,394,367

Cayman Islands (British) * 10 1,177,752

Dominican Republic * 426 153,783

Haiti * 6 45,479

Jamaica * 156 96,031

Trinidad and Tobago * 666 523,823

Other Caribbean countries * 7,073 397,499

South America, total 86,790 13,537,061

Argentina 5,317 4,524,757

Bolivia * 405 93,761

Brazil 59,327 4,293,947

Chile 1,919 1,572,029

Colombia -562 1,031,580

Ecuador * 673 113,146

Paraguay * 3 59,686

Peru * 4,777 605,357

Uruguay 9,521 207,660

Venezuela 5,000 994,969

Other South America * 410 40,170

Latin America not allocable — 2,205,369

Other Western Hemisphere, total * 3,395 4,263,442

Bahamas * 4 989,133

Bermuda * 3,386 1,642,062

Netherlands Antilles * 3 225,676

Other British West Indies * (3) 264,324

All other Western Hemisphere * 1 1,142,247

Europe, total 1,986,873 75,167,381

European Union, total 1,720,250 67,743,514

Austria * 10,464 561,447

Belgium 18,973 3,785,029

Denmark * 2,049 545,856

Finland * 32,667 497,735

France 124,758 5,668,531

Germany 275,005 8,509,038

Greece * 874 670,085

Ireland * 39,501 2,289,194

Italy 83,299 3,271,532

Luxembourg * 8 476,501

Netherlands 910,479 3,931,780

Portugal * 13,130 288,457

Spain 39,297 1,583,095

Sweden * 36,060 1,018,213

United Kingdom 133,687 34,627,653

European Union, not allocable — * 19,368

Other West European countries, total 10,623 4,439,109

Liechtenstein — 4,673

Monaco — 14,544

Norway * -372 1,011,487

Switzerland * 3,876 2,298,939

Turkey * 3,328 1,067,274

Other West European countries * 3,792 42,164

West European countries not allocable — **

East European countries, total 221,261 2,468,950

Roman * -628 64,221

Former Soviet Union * 1,606 1,164,775

Other East European countries * 220,283 1,239,954

Europe not allocable * 34,739 515,809

Africa, total 6,535 3,213,537

North Africa, total * 1,349 1,169,695

Algeria * 1 171,889

Egypt * 737 902,470

Libya — * 3,693

Morocco * 612 25,732

Other North Africa — 65,912

East Africa, total * 1,531 144,045

Ethiopia * 5 44,081

Kenya * 45 58,057

Tanzania — 603

Uganda — 1,689

Other East Africa * 1,481 39,615

West and Central Africa, total * 6 1,263,523

Gabon — 15,671

Ghana * 1 41,347

Liberia — 33,516

Nigeria * 1 418,039

Zaire — * 4,744

Other West and Central Africa * 5 750,205

Southern Africa, total 3,649 635,132

Malawi * 1,719

Zimbabwe * -814 11,678

South Africa (including Namibia) 4,464 600,791

Zambia — 8,934

Qther Southern Africa — 12,010

Africa not allocable — * 1,142

Asia, total 1,386,111 44,592,033

Middle East, total -50,331 3,480,264

Bahrain * 56 381,103

Iran — 1,055

Iraq — * 3,957

Israel * 5,849 801,664

Kuwait * 33 131,683

Lebanon * 2 43,269

Qatar * 4 79,573

Saudi Arabia * -57,870 1,061,851

United Arab Emirates * 1,547 554,607

Other areas of the Arabian Peninsula * 26 227,277

Other Middle East * 21 194,227

Southern and Southeast Asia, total 433,062 11,364,629

Bangladesh — 30,035

India 360 935,751

Indonesia * 5,881 2,410,181

Malaysia 32,408 1,001,443

Pakistan * 628 262,544

Philippines 170,450 977,846

Singapore 207,873 4,076,096

Sri Lanka * 211 44,204

Thailand 15,379 1,471,703

Vietnam * -131 40,441

Other Southern and Southeast Asia * 3 114,384

Eastern Asia, total 1,002,799 26,126,559

China 22,958 1,377,521

Hong Kong 527,569 4,427,853

Japan 332,510 9,691,518

South Korea 20,253 2,012,432

Taiwan 99,510 3,472,676

Other Eastern Asia — 5,144,559

Asia not allocable * 580 3,620,580

Oceania, total 28,016 5,364,074

Australia 27,037 4,516,789

New Zealand 978 423,692

Other Oceania * 1 423,593

Puerto Rico and U.S. Possessions, total 42,215 4,156,046

Puerto Rico 12,444 3,439,912

U.S. Possessions, total * 29,771 716,133

American Samoa — 7,282

Guam * 2,952 287,303

Virgin Islands * (3) 280,888

Other U.S. Possessions * 26,819 140,661

Country not stated 4,682,470 26,510,669

Foreign Sales Corporation dividends (1) — 3,308,114

Interest-Charge Domestic International

Sales Corporation dividends (1) — * 9,387

Foreign income and taxes

reported on Form 1118

Deductions Taxable

from oil income

and gas (less loss)

Selected country extraction before

income (4) adjustments

(13) (14)

All countries 9,369,404 147,116,869

Canada * 252,401 13,401,723

Latin America, total 724,008 15,328,598

Mexico * 1,469 4,752,408

Central America, total * 53 886,314

Belize — -142

Costa Rica — 157,148

El Salvador — 71,439

Guatemala * 53 104,477

Honduras — 34,716

Nicaragua — 28,678

Panama — 487,420

Central America not allocable — * 2,577

Caribbean countries, total * 354,647 1,820,369

Cayman Islands (British) — 1,290,204

Dominican Republic — 160,293

Haiti — 21,906

Jamaica — 32,456

Trinidad and Tobago * 354,647 153,945

Other Caribbean countries — 161,565

South America, total 367,840 7,624,776

Argentina * 148,594 1,698,800

Bolivia * 58 60,980

Brazil * 1,004 3,599,076

Chile * 241 741,312

Colombia * 152,370 523,972

Ecuador * 6,011 84,147

Paraguay * 1,855 19,602

Peru * 3,130 2,089

Uruguay — 98,482

Venezuela * 54,578 764,493

Other South America — 31,822

Latin America not allocable — 244,731

Other Western Hemisphere, total * 37,235 2,609,359

Bahamas — 361,379

Bermuda * 37,235 1,787,802

Netherlands Antilles — 151,844

Other British West Indies — 198,135

All other Western Hemisphere — 110,199

Europe, total 3,000,863 66,156,176

European Union, total 2,326,804 60,586,857

Austria * 41 332,419

Belgium * 49 2,042,396

Denmark * 134,848 528,338

Finland — 369,955

France * 3,275 3,807,643

Germany * 205 11,074,250

Greece * 1,740 222,945

Ireland * (3) 3,125,248

Italy * 2,729 3,402,276

Luxembourg — 1,103,449

Netherlands * 81,090 8,891,093

Portugal — 267,441

Spain * 287 1,910,761

Sweden — 1,331,030

United Kingdom 2,102,540 22,166,308

European Union, not allocable — * 11,303

Other West European countries, total * 517,402 4,613,170

Liechtenstein — 12,919

Monaco — 15,057

Norway * 513,585 902,328

Switzerland — 2,902,160

Turkey * 134 760,778

Other West European countries * 3,683 19,248

West European countries not allocable — **

East European countries, total * 156,656 596,102

Roman * 2,372 24,128

Former Soviet Union * 154,285 -271,666

Other East European countries — 843,640

Europe not allocable — 360,047

Africa, total 784,366 1,376,462

North Africa, total * 543,529 -3,279

Algeria * 84,556 -82,812

Egypt * 445,352 63,187

Libya — * -3,219

Morocco — 21,669

Other North Africa * 13,621 -2,104

East Africa, total * (3) 83,440

Ethiopia — -2,436

Kenya — 33,632

Tanzania — 463

Uganda — 1,463

Other East Africa * (3) 50,318

West and Central Africa, total * 240,837 891,892

Gabon * 1,663 11,952

Ghana — 49,358

Liberia — 96,515

Nigeria * 34,609 657,886

Zaire * 1,223 -72,613

Other West and Central Africa * 203,343 148,794

Southern Africa, total — 403,813

Malawi — 2,514

Zimbabwe — 13,850

South Africa (including Namibia) — 355,882

Zambia — 1,830

Qther Southern Africa — 29,736

Africa not allocable — * 597

Asia, total 1,436,351 23,394,780

Middle East, total * 639,401 1,266,459

Bahrain — 7,822

Iran — 10,957

Iraq — * 6,788

Israel — 298,615

Kuwait * 11,862 2,391

Lebanon — 11,808

Qatar * 447 21,605

Saudi Arabia * 347,612 530,171

United Arab Emirates * 190,201 117,708

Other areas of the Arabian Peninsula * 89,278 177,716

Other Middle East — 80,878

Southern and Southeast Asia, total 745,595 7,056,506

Bangladesh * 263 12,258

India — 310,170

Indonesia 324,367 1,349,771

Malaysia * 392,408 512,489

Pakistan * 17,384 105,160

Philippines * 1,580 765,315

Singapore * 60 3,202,925

Sri Lanka — 24,223

Thailand * 9,526 717,506

Vietnam * 5 5,984

Other Southern and Southeast Asia — 50,705

Eastern Asia, total * 51,356 14,758,243

China * 51,290 518,298

Hong Kong — 2,289,927

Japan * 65 9,111,806

South Korea — 1,020,824

Taiwan — 1,160,795

Other Eastern Asia — 656,594

Asia not allocable — 313,570

Oceania, total 378,731 5,591,476

Australia * 343,625 4,874,581

New Zealand * 5 650,948

Other Oceania * 35,101 65,947

Puerto Rico and U.S. Possessions, total * 71 1,912,369

Puerto Rico * 71 1,730,657

U.S. Possessions, total — 181,712

American Samoa — 3,427

Guam — 103,540

Virgin Islands — 82,180

Other U.S. Possessions — -7,435

Country not stated 2,755,378 17,282,332

Foreign Sales Corporation dividends (1) — 61,988

Interest-Charge Domestic International

Sales Corporation dividends (1) — * 1,606

Foreign income and taxes

reported on Form 1118

Foreign taxes paid,

accrued, and

deemed paid

Foreign

taxes

paid or

accrued

Selected country Total Total

(15) (16)

All countries 40,684,298 13,608,822

Canada 4,510,064 793,084

Latin America, total 3,864,134 1,930,320

Mexico 1,176,210 411,816

Central America, total 149,501 55,867

Belize * 337 * 323

Costa Rica 19,346 14,421

El Salvador 7,233 4,167

Guatemala 24,944 15,879

Honduras 6,774 3,237

Nicaragua 4,189 1,244

Panama 85,348 15,268

Central America not allocable * 1,331 * 1,328

Caribbean countries, total 161,198 46,848

Cayman Islands (British) 76,754 —

Dominican Republic 39,629 18,069

Haiti * 6,679 * 5,877

Jamaica 13,515 9,337

Trinidad and Tobago 12,960 8,038

Other Caribbean countries 11,659 5,526

South America, total 2,367,781 1,406,345

Argentina 533,417 315,779

Bolivia 6,074 3,428

Brazil 1,102,822 598,829

Chile 231,082 194,989

Colombia 225,084 155,167

Ecuador 15,495 10,649

Paraguay 8,646 8,625

Peru 52,901 38,315

Uruguay 16,018 8,800

Venezuela 166,522 62,045

Other South America * 9,719 * 9,719

Latin America not allocable * 9,444 * 9,444

Other Western Hemisphere, total 178,024 5,775

Bahamas 12,187 —

Bermuda 120,948 —

Netherlands Antilles 20,506 * 2,407

Other British West Indies 21,865 2,002

All other Western Hemisphere * 2,518 * 1,366

Europe, total 19,954,687 4,380,761

European Union, total 18,473,291 3,773,534

Austria 103,310 17,757

Belgium 551,402 237,010

Denmark 147,146 50,436

Finland 51,439 12,834

France 1,139,056 317,246

Germany 3,493,354 614,790

Greece 62,112 37,252

Ireland 181,515 5,618

Italy 1,858,647 306,434

Luxembourg 903,334 28,681

Netherlands 2,678,123 346,761

Portugal 84,770 29,489

Spain 619,750 188,516

Sweden 485,161 75,681

United Kingdom 6,114,173 1,505,028

European Union, not allocable — —

Other West European countries, total 1,184,948 410,636

Liechtenstein * 1,279 * 977

Monaco * 208 * 198

Norway 305,887 198,452

Switzerland 708,028 79,434

Turkey 166,865 129,365

Other West European countries * 2,682 * 2,209

West European countries not allocable — —

East European countries, total 295,203 195,370

Roman 5,879 5,515

Former Soviet Union 168,829 146,646

Other East European countries 120,495 43,209

Europe not allocable * 1,244 * 1,221

Africa, total 563,226 378,101

North Africa, total 68,816 48,003

Algeria * 23,388 * 12,835

Egypt 36,246 29,020

Libya — —

Morocco 5,888 5,531

Other North Africa * 3,294 * 617

East Africa, total 20,684 12,012

Ethiopia * 1,036 * 1,036

Kenya 12,846 10,350

Tanzania * 21 * 21

Uganda * 657 —

Other East Africa 6,124 605

West and Central Africa, total 320,969 242,381

Gabon * 3,596 * 2,142

Ghana * 13,862 * 245

Liberia * 2,024 —

Nigeria 177,661 118,867

Zaire * 857 * 731

Other West and Central Africa 122,969 120,395

Southern Africa, total 152,757 75,705

Malawi * 1,269 —

Zimbabwe 11,943 1,991

South Africa (including Namibia) 132,345 68,262

Zambia * 1,908 * 785

Qther Southern Africa * 5,292 * 4,666

Africa not allocable — —

Asia, total 7,685,244 3,906,863

Middle East, total 342,622 254,646

Bahrain * 547 * 163

Iran — —

Iraq — —

Israel 62,546 26,882

Kuwait 7,228 6,943

Lebanon 1,064 1,035

Qatar * 3,770 * 3,770

Saudi Arabia 152,264 120,010

United Arab Emirates 41,396 31,960

Other areas of the Arabian Peninsula 68,703 59,171

Other Middle East 5,103 4,710

Southern and Southeast Asia, total 1,848,368 1,305,484

Bangladesh * 2,350 * 2,350

India 140,596 104,349

Indonesia 827,517 640,175

Malaysia 153,094 127,526

Pakistan 27,549 25,219

Philippines 271,218 147,906

Singapore 206,970 104,106

Sri Lanka 4,361 2,894

Thailand 203,396 140,605

Vietnam 1,716 1,684

Other Southern and Southeast Asia 9,601 * 8,670

Eastern Asia, total 5,472,268 2,324,750

China 48,214 35,047

Hong Kong 600,986 301,489

Japan 4,075,443 1,521,935

South Korea 372,535 177,833

Taiwan 278,350 191,705

Other Eastern Asia * 96,741 * 9,6741

Asia not allocable 21,987 * 21,984

Oceania, total 1,983,129 696,681

Australia 1,713,621 619,838

New Zealand 217,569 26,398

Other Oceania 51,939 50,445

Puerto Rico and U.S. Possessions, total 348,522 273,076

Puerto Rico 272,144 232,372

U.S. Possessions, total 76,378 40,705

American Samoa * 873 * 873

Guam 38,699 20,344

Virgin Islands 25,297 13,773

Other U.S. Possessions * 11,509 * 5,714

Country not stated 1,585,946 1,235,370

Foreign Sales Corporation dividends (1) * 90 —

Interest-Charge Domestic International

Sales Corporation dividends (1) — —

Foreign income and

taxes reported on

Form 1118

Foreign taxes paid,

accrued, and

deemed paid

Taxes withheld at

source on–

Selected country Dividends Interest

(17) (18)

All countries 2,193,964 784,126

Canada 263,751 46,290

Latin America, total 273,471 258,154

Mexico 24,567 36,423

Central America, total 4,587 357

Belize * 303 —

Costa Rica 2,247 * 112

El Salvador * 21 * 98

Guatemala * 526 * 89

Honduras * 781 * 26

Nicaragua — * 10

Panama * 679 * 22

Central America not allocable * 30 —

Caribbean countries, total 5,710 1,281

Cayman Islands (British) — —

Dominican Republic * 2,208 * 555

Haiti * 750 —

Jamaica * 356 * 425

Trinidad and Tobago * 1,626 * 19

Other Caribbean countries * 770 * 282

South America, total 238,607 218,578

Argentina * 2,226 38,860

Bolivia * 111 * 270

Brazil 173,855 167,437

Chile 51,899 3,812

Colombia 7,521 * 230

Ecuador * 516 * 553

Paraguay — * 85

Peru * 301 850

Uruguay — —

Venezuela * 2,178 6,480

Other South America — —

Latin America not allocable — * 1,514

Other Western Hemisphere, total * 1,263 * 248

Bahamas — —

Bermuda — —

Netherlands Antilles * 609 * 154

Other British West Indies * 653 * 94

All other Western Hemisphere — —

Europe, total 1,110,521 85,032

European Union, total 1,026,880 29,222

Austria 7,738 * 50

Belgium 30,310 2,135

Denmark 4,866 * 249

Finland 6,768 * 239

France 49,742 3,071

Germany 264,204 1,193

Greece * 28 * 5

Ireland 671 * 82

Italy 54,678 8,640

Luxembourg * 28,618 * 5

Netherlands 134,821 1,473

Portugal 14,381 425

Spain 74,776 1,314

Sweden 9,933 * 413

United Kingdom 345,346 9,928

European Union, not allocable — —

Other West European countries, total 71,534 49,876

Liechtenstein — —

Monaco — —

Norway 11,409 * 21

Switzerland 60,108 1,219

Turkey * 14 * 48,637

Other West European countries * 3 —

West European countries not allocable — —

East European countries, total 12,107 5,933

Roman * 689 * 11

Former Soviet Union 895 * 5,909

Other East European countries 10,523 * 13

Europe not allocable — —

Africa, total 6,371 495

North Africa, total * 57 * (3)

Algeria — —

Egypt * 5 —

Libya — —

Morocco * 52 * (3)

Other North Africa — * (3)

East Africa, total * 435 * 416

Ethiopia — —

Kenya * 287 * 308

Tanzania — —

Uganda — —

Other East Africa * 148 * 108

West and Central Africa, total 3,948 * 32

Gabon * 521 —

Ghana * 87 —

Liberia — —

Nigeria * 3,012 * 31

Zaire — * 1

Other West and Central Africa * 329 —

Southern Africa, total 1,930 * 47

Malawi — —

Zimbabwe * 1,662 —

South Africa (including Namibia) * 160 * 47

Zambia * 45 —

Qther Southern Africa * 64 —

Africa not allocable — —

Asia, total 373,124 237,731

Middle East, total 13,547 602

Bahrain — —

Iran — —

Iraq — —

Israel 13,165 527

Kuwait — —

Lebanon * 14 * 41

Qatar — —

Saudi Arabia * 352 * 34

United Arab Emirates — —

Other areas of the Arabian Peninsula — —

Other Middle East * 17 —

Southern and Southeast Asia, total 95,124 44,579

Bangladesh — —

India 908 * 70

Indonesia 9,344 10,188

Malaysia 1,078 918

Pakistan * 155 * 36

Philippines 72,817 20,239

Singapore 2,609 4,782

Sri Lanka * 231 —

Thailand 7,975 8,150

Vietnam — * 160

Other Southern and Southeast Asia * 6 * 36

Eastern Asia, total 264,452 175,748

China * 711 5,280

Hong Kong 6,956 * 134,147

Japan 190,201 27,681

South Korea 13,043 2,795

Taiwan 53,540 5,845

Other Eastern Asia * 1 —

Asia not allocable — * 16,802

Oceania, total 44,956 54,494

Australia 37,486 31,699

New Zealand 7,239 1,324

Other Oceania * 231 * 21,471

Puerto Rico and U.S. Possessions, total 4,977 17,510

Puerto Rico 4,977 10,455

U.S. Possessions, total — * 7,055

American Samoa — —

Guam — —

Virgin Islands — * 7,055

Other U.S. Possessions — —

Country not stated 115,287 84,172

Foreign Sales Corporation dividends (1) — —

Interest-Charge Domestic International

Sales Corporation dividends (1) — —

Foreign income and taxes

reported on Form 1118

Foreign taxes paid,

accrued, and deemed paid

Foreign taxes paid

or accrued

Other

taxes

Taxes withheld paid or

at source on accrued

on–

Rents,

Selected country royalties, and Branch

license fees income

(19) (20)

All countries 2,213,430 4,861,563

Canada 103,540 249,058

Latin America, total 369,855 533,144

Mexico 83,959 214,161

Central America, total 18,082 27,343

Belize * 4 * 16

Costa Rica 6,796 * 3,888

El Salvador 1,680 * 2,276

Guatemala 5,444 * 7,616

Honduras 1,119 * 632

Nicaragua * 35 * 356

Panama 3,004 * 11,273

Central America not allocable — * 1,286

Caribbean countries, total 3,480 22,954

Cayman Islands (British) — —

Dominican Republic 2,196 * 11,910

Haiti * 10 * 2,088

Jamaica 730 6,698

Trinidad and Tobago * 403 * 1,801

Other Caribbean countries * 142 * 457

South America, total 256,413 268,686

Argentina 67,034 118,950

Bolivia 359 * 1,296

Brazil 81,399 40,471

Chile 41,432 15,329

Colombia 26,440 50,805

Ecuador 5,504 * 1,032

Paraguay * 276 * 6,357

Peru 9,663 6,058

Uruguay 4,997 * 3,746

Venezuela 19,295 15,062

Other South America * 15 * 9,578

Latin America not allocable * 7,920 —

Other Western Hemisphere, total * 647 3,323

Bahamas — —

Bermuda — —

Netherlands Antilles — * 1,644

Other British West Indies * 48 * 913

All other Western Hemisphere * 600 * 766

Europe, total 443,695 1,630,404

European Union, total 406,542 1,348,037

Austria 1,982 * 7,771

Belgium * 5,190 111,035

Denmark * 98 41,728

Finland 4,723 * 608

France 62,778 46,799

Germany 3,341 291,005

Greece 1,138 * 35,526

Ireland * 268 * 1,154

Italy 83,361 106,600

Luxembourg — * 58

Netherlands 130,890 72,690

Portugal 8,251 * 4,882

Spain 83,511 21,420

Sweden * 19 18,415

United Kingdom 20,990 588,346

European Union, not allocable — —

Other West European countries, total 15,247 263,191

Liechtenstein — * 977

Monaco — —

Norway * 4,609 180,943

Switzerland * 586 15,322

Turkey 9,503 65,949

Other West European countries * 549 —

West European countries not allocable — —

East European countries, total 21,763 18,098

Roman 1,603 * 2,073

Former Soviet Union 4,213 8,973

Other East European countries 15,947 7,052

Europe not allocable * 143 * 1,078

Africa, total 39,613 282,562

North Africa, total 4,840 19,197

Algeria — —

Egypt * 4,494 * 14,021

Libya — —

Morocco 296 * 4,608

Other North Africa * 49 * 568

East Africa, total 597 * 4,836

Ethiopia — * 1,036

Kenya * 304 * 3,731

Tanzania * 21 —

Uganda — —

Other East Africa * 272 * 69

West and Central Africa, total 1,359 234,120

Gabon — * 1,347

Ghana * 27 * 131

Liberia — —

Nigeria * 765 * 114,667

Zaire — —

Other West and Central Africa * 567 * 117,975

Southern Africa, total 32,818 24,409

Malawi — —

Zimbabwe * 203 * 126

South Africa (including Namibia) 27,995 23,593

Zambia * 51 * 690

Qther Southern Africa * 4,569 —

Africa not allocable — —

Asia, total 978,891 1,602,748

Middle East, total 16,526 115,028

Bahrain * (3) * 163

Iran — —

Iraq — —

Israel 11,014 * 1,338

Kuwait * 1,045 * 3,550

Lebanon 102 * 844

Qatar * 7 * 2,693

Saudi Arabia 4,180 88,569

United Arab Emirates * 3 * 12,533

Other areas of the Arabian Peninsula * 100 * 2,586

Other Middle East * 76 * 2,752

Southern and Southeast Asia, total 153,316 672,796

Bangladesh — * 2,160

India 7,217 87,098

Indonesia 6,351 430,337

Malaysia 10,949 3,012

Pakistan * 568 * 23,832

Philippines 7,860 30,173

Singapore 47,623 42,596

Sri Lanka * 566 * 2,082

Thailand 72,018 43,194

Vietnam * 34 * 633

Other Southern and Southeast Asia * 131 * 7,679

Eastern Asia, total 808,337 814,568

China 17,945 5,015

Hong Kong 5,452 70,278

Japan 605,416 647,824

South Korea 113,347 38,717

Taiwan 66,178 52,579

Other Eastern Asia — * 156

Asia not allocable * 712 * 355

Oceania, total 77,891 192,801

Australia 67,950 186,294

New Zealand 9,623 4,470

Other Oceania * 318 * 2,037

Puerto Rico and U.S. Possessions, total 30,879 134,604

Puerto Rico 30,280 106,019

U.S. Possessions, total * 599 28,586

American Samoa * 4 * 861

Guam * 41 17,429

Virgin Islands * 554 * 4,630

Other U.S. Possessions — * 5,666

Country not stated 168,418 232,921

Foreign Sales Corporation dividends (1) — —

Interest-Charge Domestic International

Sales Corporation dividends (1) — —

Foreign income and taxes

reported on Form 1118

Foreign taxes paid,

accrued, and deemed paid

Foreign taxes paid

or accrued

Other taxes paid

or accrued on–

Specifically

allocable

Selected country income Service

[section income

863(b)]

(21) (22)

All countries 8,524 387,240

Canada * 270 24,938

Latin America, total * 51 81,157

Mexico — 8,890

Central America, total — 2,758

Belize — —

Costa Rica — * 252

El Salvador — * 65

Guatemala — 1,764

Honduras — * 677

Nicaragua — —

Panama — —

Central America not allocable — —

Caribbean countries, total — 8,103

Cayman Islands (British) — —

Dominican Republic — * 1,021

Haiti —

Jamaica — * 235

Trinidad and Tobago — * 3,465

Other Caribbean countries — * 3,382

South America, total * 51 61,405

Argentina — 40,709

Bolivia — * 133

Brazil * 51 6,287

Chile — 1,297

Colombia — 1,707

Ecuador — * 207

Paraguay — —

Peru — 4,252

Uruguay — * 48

Venezuela — 6,766

Other South America — —

Latin America not allocable — —

Other Western Hemisphere, total * 48 * 174

Bahamas — —

Bermuda — —

Netherlands Antilles — —

Other British West Indies * 48 * 174

All other Western Hemisphere — —

Europe, total * 17 96,308

European Union, total * 17 83,148

Austria — —

Belgium — * 690

Denmark — * 1,071

Finland — * 13

France — 4,178

Germany — 7,567

Greece — * 477

Ireland — * 2,381

Italy * 3 * 2,502

Luxembourg — —

Netherlands — * 1,486

Portugal — * 99

Spain * 1 * 1,689

Sweden — * 969

United Kingdom * 13 60,027

European Union, not allocable — —

Other West European countries, total — 3,181

Liechtenstein — —

Monaco — * 198

Norway — * 596

Switzerland — * 1,863

Turkey — * 525

Other West European countries — —

West European countries not allocable — —

East European countries, total — 9,979

Roman — * 1,129

Former Soviet Union — 1,851

Other East European countries — 6,999

Europe not allocable — —

Africa, total — 29,454

North Africa, total — * 13,070

Algeria — * 12,835

Egypt — * 182

Libya — —

Morocco — * 53

Other North Africa — —

East Africa, total — * 353

Ethiopia — —

Kenya — * 345

Tanzania — —

Uganda — —

Other East Africa — * 8

West and Central Africa, total — * 1,268

Gabon — —

Ghana — —

Liberia — —

Nigeria — * 293

Zaire — * (3)

Other West and Central Africa — * 975

Southern Africa, total — * 14,764

Malawi — —

Zimbabwe — —

South Africa (including Namibia) — * 14,764

Zambia — —

Qther Southern Africa — —

Africa not allocable — —

Asia, total * 654 41,718

Middle East, total * 69 3,270

Bahrain — —

Iran — —

Iraq — —

Israel * 69 * 369

Kuwait — * 19

Lebanon — * 33

Qatar — * 4

Saudi Arabia — * 2,707

United Arab Emirates — —

Other areas of the Arabian Peninsula — —

Other Middle East — * 137

Southern and Southeast Asia, total * 5 22,038

Bangladesh — * 190

India — 4,597

Indonesia — 6,999

Malaysia — 1,709

Pakistan — * 72

Philippines — 703

Singapore * 5 893

Sri Lanka — * 15

Thailand — 5,187

Vietnam — * 856

Other Southern and Southeast Asia — * 817

Eastern Asia, total * 579 16,269

China * 98 3,426

Hong Kong * 40 * 262

Japan * 64 4,732

South Korea * 378 2,052

Taiwan — 5,798

Other Eastern Asia — —

Asia not allocable — * 140

Oceania, total — 7,700

Australia — 5,081

New Zealand — * 2,613

Other Oceania — * 5

Puerto Rico and U.S. Possessions, total * 74 13,929

Puerto Rico — 12,451

U.S. Possessions, total * 74 1,479

American Samoa — * 7

Guam * 74 * 498

Virgin Islands — * 973

Other U.S. Possessions — —

Country not stated * 669 * 91,861

Foreign Sales Corporation dividends (1) — —

Interest-Charge Domestic International

Sales Corporation dividends (1) — —

Foreign income and

taxes reported

on Form 1118

Foreign taxes paid,

accrued, and

deemed paid

Foreign

taxes

paid or

accrued

Other

taxes

paid or

accrued

on–

Taxes

Selected country Other deemed

income paid

(23) (24)

All countries 3,159,976 27,075,476

Canada 105,236 3,716,980

Latin America, total 414,487 1,933,814

Mexico 43,816 764,394

Central America, total 2,739 93,634

Belize — * 14

Costa Rica * 1,125 4,925

El Salvador * 28 * 3,065

Guatemala * 440 9,065

Honduras * 1 * 3,537

Nicaragua * 844 * 2,945

Panama * 289 70,080

Central America not allocable * 12 * 3

Caribbean countries, total 5,319 114,350

Cayman Islands (British) — 76,754

Dominican Republic * 179 * 21,561

Haiti * 3,030 * 802

Jamaica * 893 * 4,178

Trinidad and Tobago * 724 * 4,922

Other Caribbean countries * 493 6,133

South America, total 362,605 961,436

Argentina 48,000 217,638

Bolivia * 1,259 * 2,646

Brazil 129,329 503,993

Chile 81,219 36,093

Colombia 68,464 69,917

Ecuador * 2,838 4,846

Paraguay * 1,907 * 21

Peru 17,191 14,586

Uruguay * 9 7,218

Venezuela 12,263 104,477

Other South America * 126 —

Latin America not allocable * 9 —

Other Western Hemisphere, total * 72 172,249

Bahamas — 12,187

Bermuda — 120,948

Netherlands Antilles — 18,099

Other British West Indies * 72 19,863

All other Western Hemisphere — * 1,152

Europe, total 1,014,784 15,573,927

European Union, total 879,686 14,699,758

Austria 216 85,553

Belgium 87,651 314,391

Denmark * 2,423 96,710

Finland 483 38,605

France 150,678 821,809

Germany 47,480 2,878,564

Greece * 78 24,860

Ireland * 1,061 175,897

Italy 50,649 1,552,213

Luxembourg — 874,653

Netherlands 5,401 2,331,361

Portugal 1,451 55,281

Spain 5,805 431,233

Sweden 45,931 409,481

United Kingdom 480,378 4,609,145

European Union, not allocable — —

Other West European countries, total 7,607 774,312

Liechtenstein — * 301

Monaco — * 10

Norway * 875 107,435

Switzerland 336 628,593

Turkey * 4,738 37,500

Other West European countries * 1,657 * 473

West European countries not allocable — —

East European countries, total 127,491 99,833

Roman * 10 * 364

Former Soviet Union 124,805 22,183

Other East European countries 2,676 77,286

Europe not allocable — * 23

Africa, total 19,606 185,125

North Africa, total * 10,839 20,813

Algeria — * 10,553

Egypt * 10,317 7,226

Libya — —

Morocco * 522 * 356

Other North Africa — * 2,677

East Africa, total * 5,375 8,672

Ethiopia — —

Kenya * 5,375 * 2,496

Tanzania — —

Uganda — * 657

Other East Africa — * 5,519

West and Central Africa, total * 1,654 78,588

Gabon * 274 * 1,454

Ghana * (3) * 13,618

Liberia — * 2,024

Nigeria * 99 58,794

Zaire * 730 * 126

Other West and Central Africa * 550 * 2,573

Southern Africa, total * 1,737 77,052

Malawi — * 1,269

Zimbabwe — 9,952

South Africa (including Namibia) * 1,704 64,082

Zambia — * 1,123

Qther Southern Africa * 34 * 626

Africa not allocable — —

Asia, total 671,998 3,778,382

Middle East, total 105,603 87,976

Bahrain — * 384

Iran — —

Iraq — —

Israel 400 35,664

Kuwait * 2,329 * 285

Lebanon * 2 * 29

Qatar * 1,066 —

Saudi Arabia * 24,167 32,254

United Arab Emirates * 19,424 * 9,436

Other areas of the Arabian Peninsula * 56,485 * 9,532

Other Middle East * 1,729 * 392

Southern and Southeast Asia, total 317,625 542,884

Bangladesh — —

India 4,459 36,247

Indonesia 176,954 187,342

Malaysia 109,860 25,568

Pakistan * 556 * 2,330

Philippines 16,115 123,311

Singapore 5,597 102,864

Sri Lanka * (3) * 1,467

Thailand 4,080 62,791

Vietnam * 2 * 32

Other Southern and Southeast Asia * 1 * 931

Eastern Asia, total 244,796 3,147,519

China 2,573 13,167

Hong Kong 84,355 299,497

Japan 46,017 2,553,508

South Korea 7,502 194,702

Taiwan 7,765 86,645

Other Eastern Asia * 96,584 —

Asia not allocable * 3,975 * 3

Oceania, total 318,839 1,286,448

Australia 291,328 1,093,783

New Zealand 1,128 191,171

Other Oceania * 26,383 * 1,494

Puerto Rico and U.S. Possessions, total 71,102 75,446

Puerto Rico 68,190 39,772

U.S. Possessions, total 2,912 * 35,674

American Samoa — —

Guam 2,303 * 18,355

Virgin Islands * 562 * 11,523

Other U.S. Possessions * 47 * 5,796

Country not stated 542,044 350,575

Foreign Sales Corporation dividends (1) — * 90

Interest-Charge Domestic International

Sales Corporation dividends (1) — —

* Data should be used with caution because of the small number of

returns on which they are based.

** Not shown to avoid disclosure of information about specific

taxpayers. However, the data are included in the appropriate totals.

(1) Dividends from an Interest-Charge Domestic International Sales

Corporation or a Foreign Sales Corporation were not reported for

specific foreign countries.

(2) Included in gross income (less loss), columns 2-8.

(3) Less than $500.

(4) Included in total deductions, column 12.

NOTE: Detail may not add to totals because of rounding.

Figure A

Income Subject to U.S. Tax, Foreign-Source Taxable Income,

Current-Year Foreign Taxes, and Foreign Tax Credit,

Tax Years 1993-1998

[Money amounts are in millions of dollars]

Foreign-source

U.S. income tax taxable income

before credits (less loss) (2)

As a

Number of Income percentage

Tax U.S. subject Amount of income Amount

year corporation to U.S. subject to

returns tax (1) U.S. tax

(1) (2) (3) (4) (5)

1993 6,322 228,688 81,913 35.8 94,687

1994 7,199 255,439 90,786 35.5 101,521

1995 6,710 303,308 107,996 35.6 120,518

1996 6,100 370,049 130,748 35.3 150,826

1997 6,569 410,126 144,779 35.3 157,989

1998 5,927 377,129 132,740 35.2 147,129

Foreign-source Current-year Foreign tax credit

taxable income foreign taxes claimed

(less loss) (2)

As a

As a percentage As a

percentage of of foreign- percentage of

Tax income Amount source Amount U.S. income

year subject to U.S. taxable tax before

tax income (3) credits

(6) (7) (8) (9) (10)

1993 41.4 23,716 25.0 22,895 28.0

1994 39.7 26,470 26.1 25,419 28.0

1995 39.7 30,930 25.7 30,416 28.2

1996 40.8 41,177 27.3 40,255 30.8

1997 38.5 45,080 28.5 42,223 29.2

1998 35.9 47,576 32.3 37,338 28.1

(1) “Worldwide taxable income” is also used to describe

“income subject to U.S. tax”

(2) Before adjustments.

(3) The percentages shown in this column are not effective tax rates.

An effective tax rate would contain a measure of economic income in

the denominator and taxes on that income in the numerator. The

percentages shown here are simply a tool used to determine what

factors contributed to the relatively constant proportion of foreign

tax credits to U.S. tax liability over the 1993-1998 period.

Figure B

Foreign-Source Taxable Income, Current-Year Foreign Taxes, and

Carryover, by Selected Separate Limitation Category, Tax Year 1998

[Money amounts are in thousands of dollars]

Foreign-source

taxable income Current-year

Selected limitation category (less loss) (1) foreign taxes

(1) (2)

All separate limitation

categories (3) 147,116,869 47,575,987

Passive income 5,567,513 674,146

High witholding tax interest 1,465,100 423,071

Financial services income 28,048,630 6,015,291

Shipping income 835,349 134,982

General limitation income 108,672,198 38,804,728

Current-year foreign

taxes as a percentage Carryover from

of foreign-source prior years

Selected limitation category taxable income (2)

(3) (4)

All separate limitation

categories (3) 32.3 9,368,659

Passive income 12.1 43,399

High witholding tax interest 28.9 85,551

Financial services income 21.4 225,381

Shipping income 16.2 9,389

General limitation income 35.7 8,495,176

(1) Before adjustments.

(2) The percentages shown in this column are not effective tax rates.

An effective tax rate would contain a measure of economic income in

the denominator and tax on that income in the numerator.

(3) Sum of detail does not equal total for these columns because

only selected categories are shown.

Figure C

Percentage of Foreign-Source Taxable Income

(less Loss), by Selected Country or Geographic

Area, Tax Year 1998

Netherlands 6.1%

Germany 7.5%

Japan 6.2%

Canada 9.1%

United Kingdom 15.1%

Rest of the World 56.0%

$147.1 Billion

Note: Table made from pie chart.

Figure F

U.S. Corporation Returns with a Foreign Tax

Credit: Foreign Oil and Gas Extraction Gross

Income by Selected Industrial Group and

Selected Country, Tax Year 1998

[Money amounts are in millions of dollars]

Selected industrial group, country Gross income Percentage

(less loss) of total

Selected industrial group:

All industries 15,127 100.0

Petroleum (including integrated) and

coal products manufacturing 13,144 86.9

Chemical manufacturing 1,469 9.7

Oil and gas extraction 358 2.4

All other industries 156 1.0

Selected country:

All countries 15,127 100.0

United Kingdom 4,705 31.1

Norway 768 5.1

Indonesia 757 5.0

Austrailia 717 4.7

Netherlands 637 4.2

Canada * 517 * 3.4

Trinidad and Tobago * 405 * 2.7

Egypt * 401 * 2.7

Malaysia * 338 * 2.2

Saudi Arabia * 330 * 2.2

Nigeria * 201 * 1.3

Columbia * 189 * 1.2

Denmark * 178 * 1.2

All other countries 4,984 33.0

* Data should be used with caution because of the small

number of returns on which they are based.

Figure G

Comparison of the Number of Returns with a Foreign Tax Credit

and Total Foreign Tax Credit, by Standard Industrial

Classification (SIC) System and North American Industry

Classification System (NAICS) Industry Groupings, by NAICS

Division, Tax Year 1998

[Money amounts are in thousands of dollars]

Number of

returns

Percentage

NAICS Division, selected difference

industrial sector, or group SIC NAICS between

NAICS/SIC

(1) (2) (3)

All industires 5,927 5,927 —

Raw material and energy

production 310 204 -34.2

Agriculture, forestry,

fishing, and hunting 107 81 -24.3

Mining 164 101 -38.4

Utilities 39 23 -41.0

Goods production 1,854 1,731 -6.6

Construction 220 221 0.5

Manufacturing 1,634 1,510 -7.6

Distribution and transportation

of goods 868 896 3.2

Wholesale and retail trade 782 809 3.5

Wholesale trade 513 621 21.1

Retail trade 270 187 -30.7

Transportation and warehousing 86 87 1.2

Information (1) 32 161 403.1

Finance, insurance, real estate,

and rental and leasing 1,724 1,490 -13.6

Finance and insurance 1,358 1,204 -11.3

Real estate and rental and

leasing 362 286 -21.0

Service 1,133 1,435 26.7

Professional and business

services 274 1,184 332.1

Professional, scientific,

and technical services 274 459 67.5

Management of companies

(holding companies) (2) — 725 100.0

Education, health, and social

assistance 11 38 245.5

Health care and social

assistance 11 38 245.5

Leisure, accommodation, and

food services 153 83 -45.8

Arts, entertainment, and

recreation 140 15 -89.3

Accommodation and food

services 13 68 423.1

Other services 686 130 -81.0

Not allocable 6 10 66.7

Total foreign tax

credit

Percentage

NAICS Division, selected difference

industrial sector, or group SIC NAICS between

NAICS/SIC

(4) (5) (6)

All industires 37,338,380 37,338,380 —

Raw material and energy

production 1,194,675 1,085,685 -9.1

Agriculture, forestry,

fishing, and hunting 52,931 54,317 2.6

Mining 504,285 501,907 -1.0

Utilities 637,459 529,461 -16.9

Goods production 27,242,346 26,787,750 -1.7

Construction 70,498 49,696 -29.5

Manufacturing 27,171,848 26,738,054 -1.6

Distribution and transportation

of goods 1,425,156 1,183,441 -17.0

Wholesale and retail trade 1,276,965 1,033,628 -19.1

Wholesale trade 537,639 574,516 6.9

Retail trade 739,326 459,112 -37.9

Transportation and warehousing 148,191 149,813 1.1

Information (1) 411,647 1,608,877 290.8

Finance, insurance, real estate,

and rental and leasing 5,581,569 3,065,854 -45.1

Finance and insurance 5,562,559 3,053,584 -45.1

Real estate and rental and

leasing 17,341 12,270 -29.2

Service 1,470,371 3,571,425 142.9

Professional and business

services 1,112,055 2,921,224 162.7

Professional, scientific,

and technical services 1,112,055 397,237 -64.3

Management of companies

(holding companies) (2) — 2,523,987 100.0

Education, health, and social

assistance 21,441 24,367 13.6

Health care and social

assistance 21,441 24,367 13.6

Leisure, accommodation, and

food services 211,818 464,525 119.3

Arts, entertainment, and

recreation 171,511 55,543 -67.3

Accommodation and food

services 40,307 408,982 914.7

Other services 123,331 161,309 30.7

Not allocable 12,616 35,348 180.2

(1) The Communications group under the former Standard Industrial

Classification System (SIC) is classified in the Information Sector

under the North American Industrial Classification System (NAICS).

(2) Management of companies, specifically bank holding companies,

is included in the finance and insurance sector under the former

Standard Industrial Classification System (SIC).

NOTE: Detail may not add to totals because of rounding.

Figure H

Coefficients of Variation for Foreign Tax Credit,

by Selected Industrial Group, Tax Year 1998

Coefficients of

variation for

foreign tax credit

Selected industrial group (percentages)

All industries 0.02

Agriculture, forestry, fishing, and hunting 0.02

Mining 0.32

Utilities 0.02

Construction 2.40

Manufacturing 0.01

Food manufacturing 0.04

Plastics and rubber products manufacturing 0.07

Chemical manufacturing 0.03

Petroleum and coal products manufacturing 0.01

Computer and electronic product manufacturing 0.01

Transportation equipment manufacturing (1)

Wholesale trade 0.35

Retail trade 0.48

Transportation and warehousing 0.10

Information 0.05

Finance and insurance 0.13

Real estate and rental and leasing 2.50

Professional, scientific, and technical services 0.54

Management of companies (holding companies) 0.11

Administrative and support and waste

management and remediation services 0.17

Educational services 9.34

Health care and social assistance 0.02

Arts, entertainment, and recreation 0.15

Accommodation and food services 0.01

Other services 0.31

(1) Less than .005 percent

Notes and References

[1] Since income tax returns for FSC’s were not a part of the sample used for the statistics, this income category is not included. Distributions from FSC’s or former FSC’s are reported on the parent corporation’s return and are included in these statistics when provided by the taxpayers. In this study, this particular statutory category is used when corporations report an irregular separate category of income that cannot be redefined for one of the existing categories of income.

[2] A foreign tax credit is not allowed for foreign taxes paid to countries sanctioned by the U.S. Government. Nevertheless, a foreign tax credit limitation is computed for each sanctioned country. These countries for 1998 are Cuba, Iran, Iraq, Libya, North Korea, Sudan, and Syria.

[3] See Green, Kathryn A. and Luttrell, Scott, “Corporate Foreign Tax Credit, 1997,” Statistics of Income Bulletin, Winter 2001-2002, Volume 21, Number 3.

[4] Current-year foreign taxes divided by foreign-source taxable income should not be used as a measure of the effective tax rate. This rate would contain a measure of economic income in the denominator and taxes on that income in the numerator. These percentages are a tool used to compare the proportion of taxes to foreign-source taxable income in each statutory group.

[5] The income, deductions, and taxes related to foreign oil and gas extraction income (FOGEI) are reported on Schedule I, Reduction of Oil and Gas Extraction Taxes, of Form 1118, Foreign Tax Credit–Corporations.

[6] North American Industry Classification System United States, 1997, Executive Office of the President, Office of Management and Budget, 1998.

[7] Internal Revenue Service, Statistics of Income –1998, Corporation Income Tax Returns.

Rob Singmaster and Andrea Heilbronner are economists with the Special Studies Returns Analysis Section. This article was written under the direction of Chris Carson, Chief.

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