Department of Defense Agency Financial Report 2007
Section 2: Financial Information
0
Other Resources – Other and Other Resources or Adjustments to Net Obligated Resources that Do Not Affect Net Cost of
Operations – Other primarily consists of nonexchange gains and losses necessary to reconcile the proprietary and budgetary
accounts.
Components Requiring or Generating Resources in Future Period - Other primarily consists of future funded expenses for the
current year change in actuarial liabilities.
Components not Requiring or Generating Resources - Other primarily consists of other expenses not requiring budgetary
resources, cost capitalization offsets, and applied overhead.
Liabilities not covered by budgetary resources on the Balance Sheet total $1.6 trillion. The amount reported as Components
Requiring or Generating Resources in Future Periods in Note 21, the Reconciliation of Net Cost of Operations to Budget,
totals $96.2 billion. The difference of $1.5 trillion is primarily due to the differing perspectives between the two reports.
Liabilities not covered by budgetary resources report the cumulative balance for Balance Sheet liabilities not yet funded
whereas as Components Requiring or Generating Resources in Future Periods in Note 21 reflects only the current period
changes for all unfunded liabilities.
Note 22. Disclosures Related to Incidental Custodial Collections
Incidental custodial collections represent miscellaneous receipts, such as collections of fines and penalties, which are
deposited directly into the General Fund of the U.S. Treasury. These funds are not available for use by the Department.
At the end of each fiscal year the accounts are closed and the balances absorbed by the U.S. Treasury. The Department
collected and distributed to the U.S. Treasury $92.4 million of incidental custodial revenues generated primarily from the
collection of fines and penalties.
Note 23. Earmarked Funds
Medicare Eligible
BALANCE SHEET
Military Retirement
Other Earmarked
Retiree Health Care
Eliminations
Total
As of September 30, 2007
Fund
Funds
Fund
(amounts in millions)
ASSETS
Fund balance with Treasury
$
20.4
$
5.0
$
1,961.4
$
0.0
$
1,986.8
Investments
218,085.0
109,549.1
6,075.9
0.0
333,710.0
Accounts and Interest Receivable
143.1
10.3
515.2
(151.8)
516.8
Other Assets
0.0
0.0
2,215.7
0.0
2,215.7
Total Assets
$
218,248.5
$
109,564.4
$
10,768.2
$
(151.8)
$
338,429.3
LIABILITIES and NET POSITION
Military Retirement Benefits and
Other Federal Employment Benefits
$
1,028,850.7
$
517,104.6
$
3,108.7
$
0.0
$
1,549,064.0
Other Liabilities
1.0
256.6
1,072.6
(133.8)
1,196.4
Total Liabilities
1,028,851.7
517,361.2
4,181.3
(133.8)
1,550,260.4
Unexpended Appropriations
0.0
0.0
8.1
0.0
8.1
Cumulative Results of Operations
(810,603.2)
(407,796.8)
6,578.8
(68,286.0)
(1,280,107.2)
Total Liabilities and Net Position
$
218,248.5
$
109,564.4
$
10,768.2
$
(68,419.8)
$
270,161.3