2011   Financial Report of the United States Government

Notes to the Financial Statements

Note 3. Accounts and Taxes Receivable, Net

Accounts and Taxes Receivable as of September 30, 2011, and 2010
(In billions of dollars)
2011
2010
Accounts receivable:
Gross accounts receivable 89.2 75.1
Allowance for uncollectible accounts (20.7) (18.0)
Accounts receivable, net 68.5 57.1
Taxes receivable:
Gross taxes receivable 151.5 141.9
Allowance for doubtful accounts (113.7) (104.4)
Taxes receivable, net 37.8 37.5
Total accounts and taxes receivable, net 106.3 94.6

Accounts receivable includes related interest receivable of $6.6 billion and $6.7 billion as of September 30, 2011, and 2010, respectively.


Last Updated:  February 16, 2012