1 DAILY TREASURY STATEMENT PAGE: 1 Cash and debt operations of the United States Treasury Friday, February 26, 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 $ 233,990 $ 224,233 $ 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 $ 233,990 $ 224,233 $ 370,182 $ 198,716 1 DAILY TREASURY STATEMENT PAGE: 2 Cash and debt operations of the United States Treasury Friday, February 26, 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) 54 622 5,123 Air Transport Security Fees $ 97 $ 128 $ 1,270 Cash FTD's Received (Table IV) 9,512 192,883 1,069,744 Commodity Credit Corporation programs 17 106 878 Customs and Certain Excise Taxes 69 3,405 18,932 Deposits by States: Supplemental Security Income 5 63 1,251 Unemployment 19 3,844 11,857 Education Department programs 160 4,555 23,590 Energy Department programs 44 572 3,298 Estate and Gift Taxes 54 1,402 8,747 Federal Reserve Earnings 0 7,176 58,143 Foreign Deposits, Military Sales 19 2,695 14,708 Housing and Urban Development programs 85 424 1,526 Individual Income and Employment Taxes, Not Withheld 161 6,019 123,436 Interest recd from cash investments 0 0 0 Justice Department programs 8 3,390 6,322 Postal Service 345 7,246 38,538 Public Debt Cash Issues (Table III-B) 14,378 718,146 3,168,078 Other Deposits: Federal Employees Insurance Receipt 71 281 1,086 Medicare Premiums 65 2,349 11,838 TARP 2 6 26 Thrift Savings Plan Transfer 69 2,435 14,880 Total Other Deposits 207 22,334 73,242 Change in Balance of Uncollected Funds 0 0 0 Transfers from Depositaries 0 0 0 Total Federal Reserve Account 25,233 975,011 4,628,685 Short-Term Cash Investments: Transfers from Federal Reserve Account (Table V) 0 0 0 Total Deposits (excluding transfers) $ 25,233 $ 975,011 $ 4,628,685 1 DAILY TREASURY STATEMENT PAGE: 3 Cash and debt operations of the United States Treasury Friday, February 26, 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 $ 55 $ 744 $ 13,329 Defense Vendor Payments (EFT) 1,293 22,656 117,321 Education Department programs 677 18,504 84,998 Energy Department programs 201 2,129 12,787 Federal Employees Insurance Payments 195 6,004 30,592 Fed. Highway Administration programs 151 2,614 15,518 Federal Salaries (EFT) 3,222 13,086 70,189 Food and Nutrition Service (misc) 164 2,434 12,825 GSA programs 45 1,448 7,129 Health and Human Services Grants (misc) 551 8,120 39,404 Housing and Urban Development programs 158 5,650 29,797 Interest on Treasury Securities -5 44,863 105,833 IRS Tax Refunds Business (EFT) 28 3,752 10,786 IRS Tax Refunds Individual (EFT) 2,482 113,786 122,907 Justice Department programs 74 1,224 6,314 Labor Dept. prgms (excl. unemployment) 84 1,167 5,838 Medicaid 998 27,744 145,674 Medicare and Other CMS Payments 1,635 29,716 155,538 Medicare Advantage - Part C&D Payments 0 21,517 112,069 Marketplace Payments 0 3,397 13,486 NASA programs 0 1,394 7,440 Postal Service Money Orders and Other 121 2,948 15,949 Public Debt Cash Redemp. (Table III-B) 979 624,922 2,747,746 Social Security Benefits (EFT) 1/ -7 68,038 339,344 Supple. Nutrition Assist. Program (SNAP) 124 5,537 29,606 Temporary Assistance for Needy Families (HHS) 38 1,212 6,410 Transportation Security Admin. (DHS) 12 187 931 Unemployment Insurance Benefits 2/ -90 3,161 13,871 Veterans Affairs programs 251 4,160 22,091 Other Withdrawals: Agency for Internat'l Development 81 1,332 5,729 Federal Transit Admin. 54 860 4,647 HHS Deposit Fund Transfers to States 3/ 59 351 351 HHS: Indian Health Service 72 382 1,433 Interior 58 673 3,639 Minerals Management Service 78 86 775 TARP 259 279 1,641 Thrift Savings Plan Transfer 104 1,923 13,718 Unclassified 1,273 21,112 96,001 Total, Other Withdrawals 2,039 69,086 297,691 Transfers to Depositaries 0 0 0 Total Federal Reserve Account 15,476 1,111,202 4,593,411 Short-Term Cash Investments: Transfers to Federal Reserve Account (Table V) 0 0 0 Total Withdrawals (excluding transfers) $ 15,476 $ 1,111,202 $ 4,593,411 Net Change in Operating Cash Balance $ 9,757 $ -136,191 $ 35,274 1/Reported as a negative amount due to a return/reversal of $8 million. 2/Reported as a negative amount due to a return/reversal of $153 million. 3/Transfer by HHS from Federal Tax Refund Offset Program to various State agencies for delinquent child support. 1 DAILY TREASURY STATEMENT PAGE: 4 Cash and debt operations of the United States Treasury Friday, February 26, 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 $ 0 $ 505,993 $ 2,160,952 Cash Management Series 0 0 95,007 Notes 13,000 170,598 708,832 Bonds 0 16,173 78,249 Inflation-Protected Securities Increment -120 -3,353 -9,072 Federal Financing Bank 0 0 2,685 Nonmarketable: United States Savings Securities: Cash Issue Price 3 59 343 Interest Increment 2 429 2,099 Government Account Series 381,196 7,227,305 29,375,110 Hope Bonds 0 0 0 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 426 6,257 19,926 Other 940 20,178 108,914 Total Issues $ 395,447 $ 7,943,640 $ 32,543,047 (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 $ 0 $ 431,980 $ 2,062,009 Notes 0 162,539 538,960 Bonds 0 5,428 11,013 Federal Financing Bank 0 0 0 Nonmarketable: United States Savings Securities 32 790 4,411 Government Account Series 385,001 7,251,421 28,865,341 Hope Bonds 0 0 455 Domestic Series 0 0 0 Foreign Series 0 0 0 State and Local Series 8 3,977 22,462 Other 940 20,208 108,891 Total Redemptions $ 385,980 $ 7,876,344 $ 31,613,541 Net Change in Public Debt Outstanding $ 9,467 $ 67,296 $ 929,506 1 DAILY TREASURY STATEMENT PAGE: 5 Cash and debt operations of the United States Treasury Friday, February 26, 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) $ 395,447 $ 7,943,640 $ 32,543,047 Premium on New Issues 9 9 637 Discount on New Issues: Bills (-) 0 529 1,944 Bonds and Notes (-) 0 592 3,191 Federal Financing Bank (-) 0 0 2,685 Government Account Transactions (-) 381,196 7,227,305 29,375,110 Hope Bonds (-) 0 0 0 Interest Increment on United States Savings Securities (-) 2 429 2,099 Inflation-Protected Securities Increment -120 -3,353 -9,423 Total Public Debt Cash Issues Deposited in Federal Reserve Account $ 14,378 $ 718,146 $ 3,168,078 Public Debt Cash Redemptions: Public Debt Redemptions (Table III-A) $ 385,980 $ 7,876,344 $ 31,613,541 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 (-) 385,001 7,251,421 28,865,341 Hope Bonds (-) 0 0 455 Total Public Debt Cash Redemptions Withdrawn from Federal Reserve Acct. $ 979 $ 624,922 $ 2,747,746 1 DAILY TREASURY STATEMENT PAGE: 6 Cash and debt operations of the United States Treasury Friday, February 26, 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 $ 13,750,549 $ 13,737,073 $ 13,657,155 $ 13,123,847 Intragovernmental Holdings 5,329,575 5,333,584 5,355,673 5,026,770 Total Public Debt Outstanding 19,080,124 19,070,657 19,012,828 18,150,618 Less: Debt Not Subject to Limit: Other Debt 483 483 483 483 Unamortized Discount 23,880 23,901 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 $ 19,040,721 $ 19,031,234 $ 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 Friday, February 26, 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 $ 9,579 $ 185,990 $ 939,422 Individual Income Taxes 186 1,904 23,340 Railroad Retirement Taxes 28 593 2,404 Excise Taxes 476 4,450 30,121 Corporation Income Taxes 77 4,450 107,926 Federal Unemployment Taxes 5 2,445 4,136 Estate and Gift Taxes & Misc IRS Rcpts. 1 106 428 Total $ 10,352 $ 199,939 $ 1,107,777 Cash Federal Tax Deposits: Direct $ 94 $ 2,138 $ 12,880 Through Depositaries 9,418 190,745 1,056,864 Total Cash FTD's $ 9,512 $ 192,883 $ 1,069,744 Inter-agency Transfers 841 7,056 38,032 Total $ 10,352 $ 199,939 $ 1,107,777 ___________________________________________________________________________________________ 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 Friday, February 26, 2016 (Detail, rounded in millions, may not add to totals) ___________________________________________________________________________________________ TABLE VI Income Tax Refunds Issued ___________________________________________________________________________________________ Classification This Fiscal Today month year to date to date ____________________________________________________________________________________________ IRS Tax Refunds Business (Checks) $ 35 $ 5,011 $ 16,336 IRS Tax Refunds Business (EFT) 28 3,752 10,786 IRS Tax Refunds Individual (Checks) 1,198 7,902 20,042 IRS Tax Refunds Individual (EFT) 2,482 113,786 122,907 operationsmfor themFederal tGovernment.tTreasury'suoperating cashdistmaintained 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.