1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, February 11, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE I Operating Cash Balance ___________________________________________________________________________________________ Opening balance Closing ______________________________________ Type of account balance This This today Today month fiscal year ____________________________________________________________________________________________ Federal Reserve Account $ 279,129 $ 276,161 $ 370,182 $ 198,716 Supplementary Financing Program Account 0 0 0 0 Short-Term Cash Investments (Table V) 0 0 0 0 Total Operating Balance $ 279,129 $ 276,161 $ 370,182 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, February 11, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE II Deposits and Withdrawals of Operating Cash ___________________________________________________________________________________________ This Fiscal Deposits Today month year to date to date ____________________________________________________________________________________________ Federal Reserve Account: Agriculture Loan Repayments (misc) 11 284 4,784 Air Transport Security Fees $ 1 $ 6 $ 1,149 Cash FTD's Received (Table IV) 3,582 88,521 965,382 Commodity Credit Corporation programs 6 31 803 Customs and Certain Excise Taxes 65 666 16,193 Deposits by States: Supplemental Security Income 3 27 1,215 Unemployment 44 3,491 11,505 Education Department programs 121 2,011 21,047 Energy Department programs 22 154 2,880 Estate and Gift Taxes 80 535 7,880 Federal Reserve Earnings 0 3,572 54,539 Foreign Deposits, Military Sales 91 2,290 14,302 Housing and Urban Development programs 31 127 1,228 Individual Income and Employment Taxes, Not Withheld 188 3,178 120,596 Interest recd from cash investments 0 0 0 Justice Department programs 6 490 3,422 Postal Service 330 3,530 34,822 Public Debt Cash Issues (Table III-B) 123,641 380,102 2,830,034 Other Deposits: Federal Housing Admin: Note Sales 51 1,100 8,058 International Monetary Fund 1/ 275 7,123 8,724 Medicare Premiums 59 642 10,131 Total Other Deposits 385 9,509 60,418 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 128,607 498,523 4,152,197 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 128,607 $ 498,523 $ 4,152,197 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Thursday, February 11, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ This Fiscal Withdrawals Today month year to date to date ____________________________________________________________________________________________ Federal Reserve Account: Commodity Credit Corporation programs $ 37 $ 398 $ 12,983 Defense Vendor Payments (EFT) 1,291 9,232 103,898 Education Department programs 960 10,016 76,510 Energy Department programs 125 843 11,501 Federal Employees Insurance Payments 411 2,888 27,475 Fed. Highway Administration programs 101 1,067 13,970 Federal Salaries (EFT) 45 3,762 60,865 Food and Nutrition Service (misc) 116 979 11,370 GSA programs 91 869 6,551 Health and Human Services Grants (misc) 606 3,609 34,893 Housing and Urban Development programs 135 4,019 28,166 Interest on Treasury Securities 0 6,868 67,838 IRS Tax Refunds Business (EFT) 38 1,992 9,026 IRS Tax Refunds Individual (EFT) 79 54,627 63,748 Justice Department programs 57 610 5,700 Labor Dept. prgms (excl. unemployment) 83 574 5,245 Medicaid 2,829 13,449 131,379 Medicare and Other CMS Payments 1,329 11,867 137,689 Medicare Advantage - Part C&D Payments 0 21,517 112,069 Marketplace Payments 0 0 10,089 NASA programs 103 588 6,635 Postal Service Money Orders and Other 120 1,522 14,524 Public Debt Cash Redemp. (Table III-B) 100,471 341,784 2,464,607 Social Security Benefits (EFT) 56 38,578 309,884 Supple. Nutrition Assist. Program (SNAP) 317 2,667 26,735 Temporary Assistance for Needy Families (HHS) 195 609 5,807 Transportation Security Admin. (DHS) 15 74 817 Unemployment Insurance Benefits 132 1,565 12,275 Veterans Affairs programs 213 2,140 20,071 Other Withdrawals: Federal Financing Bank 93 355 2,169 Federal Transit Admin. 71 386 4,173 International Monetary Fund 1/ 14,718 14,718 15,298 Unclassified 802 8,496 83,384 Total, Other Withdrawals 15,684 50,859 279,464 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 125,639 589,576 4,071,784 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 125,639 $ 589,576 $ 4,071,784 Net Change in Operating Cash Balance $ 2,968 $ -91,052 $ 80,413 1/Through February 25, 2016, the International Monetary Fund line item for deposits and withdrawals will be impacted by transactions associated with the payment of IMF quota increases in dollars by the United States and other IMF member countries. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, February 11, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-A Public Debt Transactions ___________________________________________________________________________________________ This Fiscal Issues Today month year to date to date ____________________________________________________________________________________________ Marketable: Bills: Regular Series $ 121,999 $ 261,997 $ 1,916,955 Cash Management Series 0 0 95,007 Notes 0 106,908 645,142 Bonds 0 0 62,077 Inflation-Protected Securities Increment -126 -1,512 -7,231 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 2 28 312 Interest Increment 2 409 2,080 Government Account Series 375,470 3,393,923 25,541,728 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 303 1,992 15,661 Other 1,442 9,775 98,511 Total Issues $ 499,092 $ 3,773,520 $ 28,372,927 (Stated at face value except for savings and retirement plan securities which are stated at current redemption values.) ___________________________________________________________________________________________ This Fiscal Redemptions Today month year to date to date ____________________________________________________________________________________________ Marketable: Bills $ 98,992 $ 220,988 $ 1,851,018 Notes 0 108,698 485,118 Bonds 0 0 5,585 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 32 420 4,041 Government Account Series 373,685 3,428,301 25,042,221 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 7 1,878 20,363 Other 1,440 9,800 98,483 Total Redemptions $ 474,156 $ 3,770,085 $ 27,507,283 Net Change in Public Debt Outstanding $ 24,936 $ 3,434 $ 865,644 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, February 11, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-B Adjustment of Public Debt Transactions to Cash Basis ___________________________________________________________________________________________ This Fiscal Transactions Today month year to date to date ____________________________________________________________________________________________ Public Debt Cash Issues: Public Debt Issues (Table III-A) $ 499,092 $ 3,773,520 $ 28,372,927 Premium on New Issues 0 0 629 Discount on New Issues: Bills (-) 104 316 1,731 Bonds and Notes (-) 0 282 2,881 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 375,470 3,393,923 25,541,728 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 409 2,080 Inflation-Protected Securities Increment -126 -1,512 -7,583 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 123,641 $ 380,102 $ 2,830,034 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 474,156 $ 3,770,085 $ 27,507,283 Premium on Debt Buyback Operation 0 0 0 Discount on Debt Buyback Operation (-) 0 0 0 Federal Financing Bank (-) 0 0 0 Government Account Transactions (-) 373,685 3,428,301 25,042,221 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 100,471 $ 341,784 $ 2,464,607 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, February 11, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE III-C Debt Subject to Limit ___________________________________________________________________________________________ Opening balance Closing ______________________________________ Balance Transactions balance This This today Today month fiscal year ____________________________________________________________________________________________ Debt Held by the Public $ 13,694,656 $ 13,671,218 $ 13,657,155 $ 13,123,847 Intragovernmental Holdings 5,321,606 5,320,107 5,355,673 5,026,770 Total Public Debt Outstanding 19,016,262 18,991,326 19,012,828 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,972 23,887 23,868 24,350 Federal Financing Bank 15,000 15,000 15,000 12,315 Hope Bonds 39 39 39 494 Plus: Other Debt Subject to Limit Guaranteed Debt of Government Agencies 0 0 0 0 Total Public Debt Subject to Limit $ 18,976,768 $ 18,951,917 $ 18,973,438 $ 18,112,975 Statutory Debt Limit * * * $ 18,113,000 *Statutory debt limit temporarily suspended through March 15, 2017 Unamortized Discount represents the discount adjustment on Treasury bills and zero-coupon bonds (amortization is calculated daily). 1 DAILY TREASURY STATEMENT PAGE: 7 Cash and debt operations of the United States Treasury Thursday, February 11, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE IV Federal Tax Deposits ___________________________________________________________________________________________ This Fiscal Classification Today month year to date to date ____________________________________________________________________________________________ Withheld Income and Employment Taxes $ 3,374 $ 86,915 $ 840,347 Individual Income Taxes 57 696 22,133 Railroad Retirement Taxes 14 312 2,122 Excise Taxes 335 1,236 26,907 Corporation Income Taxes 122 750 104,226 Federal Unemployment Taxes 4 2,386 4,077 Estate and Gift Taxes & Misc IRS Rcpts. 2 36 358 Total $ 3,909 $ 92,332 $ 1,000,170 Cash Federal Tax Deposits: Direct $ 98 $ 1,077 $ 11,820 Through Depositaries 3,484 87,443 953,562 Total Cash FTD's $ 3,582 $ 88,521 $ 965,382 Inter-agency Transfers 327 3,811 34,788 Total $ 3,909 $ 92,332 $ 1,000,170 ___________________________________________________________________________________________ TABLE V Short-Term Cash Investments ___________________________________________________________________________________________ Type of Depositary Balance Transactions ______________________________________ Total A B C ____________________________________________________________________________________________ Opening Balance Today $ 0 $ 0 $ 0 $ 0 Deposits: Transfers to Depositaries 0 0 0 0 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Withdrawals: Treasury Initiated 0 0 0 0 Depositary Initiated 0 0 0 0 Special Direct Investment 0 0 0 0 Term Investment 0 0 0 0 Repo Investment 0 0 0 0 Closing Balance Today $ 0 $ 0 $ 0 $ 0 1 DAILY TREASURY STATEMENT PAGE: 8 Cash and debt operations of the United States Treasury Thursday, February 11, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE VI Income Tax Refunds Issued ___________________________________________________________________________________________ This Fiscal Classification Today month year to date to date ____________________________________________________________________________________________ IRS Tax Refunds Business (Checks) $ 12 $ 1,934 $ 13,260 IRS Tax Refunds Business (EFT) 38 1,992 9,026 IRS Tax Refunds Individual (Checks) 25 1,616 13,757 IRS Tax Refunds Individual (EFT) 79 54,627 63,748 This statement summarizes the United States Treasury's cash and debt operations for the Federal Government. Treasury's operating cash is maintained in an account at the Federal Reserve Bank of New York and in short-term cash investments. Treasury minimized and then suspended its short-term cash investment program beginning in November 2008, but anticipates investing again when market conditions warrant. Major information sources include: Federal Reserve Banks, Treasury Regional Financial Centers, Internal Revenue Service Centers, various electronic systems, and information on the Public Debt. Information is presented on a modified cash basis. Deposits are reflected as received and withdrawals are reflected as processed. SOURCE: Bureau of the Fiscal Service, Department of the Treasury. Note: The Daily Treasury Statement (DTS) is available by 4:00 p.m. the following business day on the Fiscal Service website www.fms.treas.gov/dts. For more information, call the Cash Forecasting Division at 202-874-9789.