department of defense agency financial report fiscal year 2012

Department of Defense Agency Financial Report for FY 2012
Military Retirement and Other Federal Employment Benefits consists of various employee
actuarial liabilities not due and payable during the current fiscal year. These liabilities
primarily consist of $1.1 trillion in pension liabilities and $656.3 billion in health benefit
liabilities. Refer to Note 17, Military Retirement and Other Federal Employment Benefits, for
additional details and disclosures.
NOTE 12. ACCOUNTS PAYABLE
Accounts Payable
2012
Interest, Penalties,
Dollars in Millions
Accounts Payable and Administrative Total
As of September 30
Fees
Intragovernmental Payables $ 1,762.9 N/A $ 1,762.9
Non-Federal Payables
(To the Public)
19,498.2 (6.2) 19,492.0
Total Accounts Payable $ 21,261.1 $ (6.2) $ 21,254.9
Accounts Payable
2011
Interest, Penalties,
Dollars in Millions
Accounts Payable and Administrative Total
As of September 30
Fees
Intragovernmental Payables $ 1,893.2 N/A $ 1,893.2
Non-Federal Payables
(To the Public)
26,102.4 1.5 26,103.9
Total Accounts Payable $ 27,995.6 $ 1.5 $ 27,997.1
Accounts Payable include amounts owed to Federal and non-Federal entities for goods and
services received by the Department. The Department’s systems do not track
intragovernmental transactions by customer at the transaction level. Buyer-side accounts
payable are adjusted to agree with interagency seller-side accounts receivable. Accounts
Payable was adjusted by reclassifying amounts between Federal and non-Federal accounts
payable, accruing additional accounts payable and expenses, and applying both supported
and unsupported undistributed disbursements at the reporting entity level.
Abnormal Balance
Non-Federal Payables, interest, penalties, and administrative fees, includes an abnormal
balance of $6.2 million in USSGL account 2140 (Accrued Interest Payable). This is primarily
due to an improper posting of accounting transactions.
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Financial Information