1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Thursday, February 18, 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 $ 242,543 $ 242,350 $ 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 $ 242,543 $ 242,350 $ 370,182 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Thursday, February 18, 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) 37 407 4,907 Air Transport Security Fees $ 1 $ 10 $ 1,152 Cash FTD's Received (Table IV) 8,611 145,201 1,022,063 Commodity Credit Corporation programs 1 55 827 Customs and Certain Excise Taxes 86 1,004 16,531 Deposits by States: Supplemental Security Income 2 34 1,222 Unemployment 48 3,661 11,674 Education Department programs 173 3,258 22,294 Energy Department programs 8 203 2,928 Estate and Gift Taxes 80 973 8,317 Federal Reserve Earnings 0 5,660 56,627 Foreign Deposits, Military Sales 88 2,491 14,503 Housing and Urban Development programs 6 148 1,250 Individual Income and Employment Taxes, Not Withheld 608 4,379 121,796 Interest recd from cash investments 0 0 0 Justice Department programs 8 556 3,488 Postal Service 320 5,145 36,438 Public Debt Cash Issues (Table III-B) 123,795 574,709 3,024,641 Other Deposits: Federal Housing Admin: Note Sales 163 1,408 8,365 International Monetary Fund 1/ 1,920 10,068 11,669 Medicare Premiums 121 967 10,456 Thrift Savings Plan Transfer 67 1,558 14,003 Total Other Deposits 2,271 14,382 65,291 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 136,142 762,275 4,415,948 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 136,142 $ 762,275 $ 4,415,948 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: 3 Cash and debt operations of the United States Treasury Thursday, February 18, 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 $ 22 $ 520 $ 13,105 Defense Vendor Payments (EFT) 865 13,825 108,490 Education Department programs 830 14,037 80,532 Energy Department programs 148 1,409 12,067 Federal Employees Insurance Payments 255 3,872 28,459 Fed. Highway Administration programs 107 1,624 14,528 Federal Salaries (EFT) 720 9,506 66,609 Food and Nutrition Service (misc) 173 1,662 12,053 GSA programs 33 1,095 6,777 Health and Human Services Grants (misc) 422 5,419 36,703 Housing and Urban Development programs 157 4,686 28,832 Interest on Treasury Securities 0 44,868 105,838 IRS Tax Refunds Business (EFT) 10 2,574 9,608 IRS Tax Refunds Individual (EFT) 19,284 85,610 94,730 Justice Department programs 51 838 5,928 Labor Dept. prgms (excl. unemployment) 71 804 5,475 Medicaid 2,796 19,632 137,561 Medicare and Other CMS Payments 1,981 18,642 144,464 Medicare Advantage - Part C&D Payments 0 21,517 112,069 Marketplace Payments 0 0 10,089 NASA programs 56 803 6,849 Postal Service Money Orders and Other 115 2,208 15,209 Public Debt Cash Redemp. (Table III-B) 105,460 511,161 2,633,985 Social Security Benefits (EFT) 57 53,173 324,479 Supple. Nutrition Assist. Program (SNAP) 214 4,298 28,367 Temporary Assistance for Needy Families (HHS) 180 941 6,139 Transportation Security Admin. (DHS) 3 97 840 Unemployment Insurance Benefits 165 2,304 13,014 Veterans Affairs programs 198 2,971 20,902 Other Withdrawals: Thrift Savings Plan Transfer 56 1,607 13,402 Unclassified 1,521 13,782 88,670 Total, Other Withdrawals 1,578 59,817 288,422 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 135,948 889,913 4,372,121 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 135,948 $ 889,913 $ 4,372,121 Net Change in Operating Cash Balance $ 193 $ -127,639 $ 43,827 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Thursday, February 18, 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 $ 121,998 $ 383,994 $ 2,038,952 Cash Management Series 0 0 95,007 Notes 0 157,598 695,833 Bonds 0 16,173 78,249 Inflation-Protected Securities Increment -126 -2,388 -8,108 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 40 325 Interest Increment 2 417 2,087 Government Account Series 383,044 4,924,341 27,072,146 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 469 3,850 17,519 Other 1,428 14,064 102,799 Total Issues $ 506,817 $ 5,498,087 $ 30,097,495 (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 $ 103,992 $ 324,981 $ 1,955,010 Notes 0 162,539 538,960 Bonds 0 5,428 11,013 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 34 567 4,188 Government Account Series 383,227 4,952,627 26,566,546 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 0 3,557 22,042 Other 1,433 14,089 102,772 Total Redemptions $ 488,687 $ 5,463,788 $ 29,200,986 Net Change in Public Debt Outstanding $ 18,129 $ 34,299 $ 896,509 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Thursday, February 18, 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) $ 506,817 $ 5,498,087 $ 30,097,495 Premium on New Issues 0 0 629 Discount on New Issues: Bills (-) 102 418 1,833 Bonds and Notes (-) 0 592 3,191 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 383,044 4,924,341 27,072,146 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 417 2,087 Inflation-Protected Securities Increment -126 -2,388 -8,459 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 123,795 $ 574,709 $ 3,024,641 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 488,687 $ 5,463,788 $ 29,200,986 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 (-) 383,227 4,952,627 26,566,546 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 105,460 $ 511,161 $ 2,633,985 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Thursday, February 18, 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 $ 13,720,658 $ 13,702,339 $ 13,657,155 $ 13,123,847 Intragovernmental Holdings 5,326,469 5,326,658 5,355,673 5,026,770 Total Public Debt Outstanding 19,047,127 19,028,997 19,012,828 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,933 23,852 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 $ 19,007,671 $ 18,989,623 $ 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 18, 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 $ 8,984 $ 140,225 $ 893,656 Individual Income Taxes 140 1,199 22,635 Railroad Retirement Taxes 12 438 2,249 Excise Taxes 19 3,293 28,964 Corporation Income Taxes 51 3,727 107,203 Federal Unemployment Taxes -39 2,414 4,105 Estate and Gift Taxes & Misc IRS Rcpts. 3 42 364 Total $ 9,170 $ 151,339 $ 1,059,176 Cash Federal Tax Deposits: Direct $ 54 $ 1,877 $ 12,619 Through Depositaries 8,558 143,325 1,009,444 Total Cash FTD's $ 8,611 $ 145,201 $ 1,022,063 Inter-agency Transfers 559 6,137 37,114 Total $ 9,170 $ 151,339 $ 1,059,176 ___________________________________________________________________________________________ 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 18, 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) $ 38 $ 3,836 $ 15,162 IRS Tax Refunds Business (EFT) 10 2,574 9,608 IRS Tax Refunds Individual (Checks) 307 4,225 16,365 IRS Tax Refunds Individual (EFT) 19,284 85,610 94,730 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.