Assets S Billion Total Liabilities and Net Worth Billion Total Real assets Real estate $22,874 32.9% Mortgages $10,070 14.5% Consumer durables 3,966 5.7 Consumer credit 2,413 3.5 Other 247 0.4 Bank and other loans 222 0.3 Total real assets $27,086 38.9% Security credit 310 0.4 Other 418 0.6 Total liabilities $13,432 19.3% Financial assets Deposits $6,629 9.5% Life insurance reserves 1,174 1.7 Pension reserves 12,188 17.5 Corporate equity 5,391 7.7 Equity in noncorp. 7,553 10.9 business Mutual fund shares 5,123 7.4 Debt securities 3,160 4.5 Other 1,305 1.9 Total financial assets 42,522 61.1 Net worth 56,176 80.7 Total $69,608 100.0% $69,608 100.0% TABLE 1.1 Balance sheet of U.S.households,2007 Note:Column sums may differ from total because of rounding error. Source:Flow of Funds Accounts of the United States,Board of Governors of the Federal Reserve System,June 2007