Assets

IN MILLIONS for the Fiscal Year ended June 30...	2017	2016	2015
Cash	$ 80	$ 61	$ 62
Current Use Reserves	145	103	125
Receivables, Loans, & Other Assets	177	178	150
Invested Funds
Endowment	3,140	2,927	3,076
Endowment Interest in Trusts Held by Others	157	144	150
Endowment Pledges	168	127	66
Undistributed General Investment Income	7	11	17
Current Use Investments	72	107	93
Current Use Pledges	151	162	234
Facilities, Net	724	688	614
Total Assets	$ 4,821 m.	$ 4,508 m.	$ 4,587 m.

Liabilities

IN MILLIONS for the Fiscal Year ended June 30...	2017	2016	2015
Deposits, Advances, & Other	$ 69	$ 76	$ 64
Deferred Revenue	150	126	110
Other Debt Owed to University	26	24	26
Building Debt	64	71	78
Total Liabilities	$ 309 m.	$ 297 m.	$ 278 m.

Net Assets

IN MILLIONS for the Fiscal Year ended June 30...	2017	2016	2015
Current Use Reserves	$ 145	$ 103	$ 125
Endowment Funds	3,472	3,209	3,309
Current Use Funds	223	269	327
Unexpended Endowment Income	1	2	1
Student Loan Funds	11	11	11
Investment in Facilities	660	617	536
Total Net Assets	$ 4,512 m.	$ 4,211 m.	$ 4,309 m.

Total Liabilities + Net Assets

Total Liabilities + Net Assets	$ 4,821 m.	$ 4,508 m.	$ 4,587 m.

* In pursuit of greater comparability across the Harvard schools, the University has asked all the schools to report their net results in accordance with generally accepted accounting principles (GAAP) in the United States. In addition to results for fiscal 2017, the School’s results for fiscal years 2015 and 2016 are presented in accordance with GAAP within the Statement of Activity and Cash Flows.