Principal Financial Statements: Consolidated Statement of Net Cost

Bureau of the Comptroller and Global Financial Services
Report
November 16, 2015




Department of State Consolidated Statement of Net Cost (Note 15)
(dollars in millions)
For the Year Ended September 30, 2015 2014
Peace and Security
Total Cost $2,208 $2,017
Earned Revenue (47) (93)
Net Program Costs 2,161 1,924
Democracy, Human Rights and Governance
Total Cost 661 686
Earned Revenue (6) (26)
Net Program Costs 655 660
Health, Education and Social Services
Total Cost 7,126 8,370
Earned Revenue (4) (1)
Net Program Costs 7,122 8,369
Humanitarian, Economic Development and Environment
Total Cost 3,424 3,168
Earned Revenue
Net Program Costs 3,424 3,168
International Organizations and Commissions
Total Cost 3,572 3,177
Earned Revenue (11) (8)
Net Program Costs 3,561 3,169
Diplomatic and Consular Programs
Total Cost 13,488 13,385
Earned Revenue (5,882) (5,127)
Net Program Costs 7,606 8,258
Administration of Foreign Affairs
Total Cost 2,748 2,575
Earned Revenue (1,776) (1,728)
Net Program Costs Before Assumption Changes 972 847
Actuarial Loss/(Gain) on Pension Assumption Changes (Notes 1 and 10) 140 (1,387)
Net Program Costs 1,112 (540)
Total Cost and Loss/Gain on Assumption Changes 33,367 31,991
Total Revenue (7,726) (6,983)
Total Net Cost $25,641 $25,008

The accompanying notes are an integral part of this financial statement.