Assets

IN MILLIONS for the Fiscal Year ended June 30...	2018	2017	2016
Cash	$ 89	$ 80	$ 61
Current Use Reserves	118	145	103
Receivables, Loans, & Other Assets	214	177	178
Invested Funds
Endowment	3,453	3,140	2,927
Endowment Interest in Trusts Held by Others	164	157	144
Endowment Pledges	166	168	127
Undistributed General Investment Income	4	7	11
Current Use Investments	75	72	107
Current Use Pledges	151	151	162
Facilities, Net	774	724	688
Total Assets	$ 5,208 m.	$ 4,821 m.	$ 4,508 m.

Liabilities

IN MILLIONS for the Fiscal Year ended June 30...	2018	2017	2016
Deposits, Advances, & Other	$ 82	$ 69	$ 76
Deferred Revenue	181	150	126
Other Debt Owed to University	27	26	24
Building Debt	55	64	71
Total Liabilities	$ 345 m.	$ 309 m.	$ 297 m.

Net Assets

IN MILLIONS for the Fiscal Year ended June 30...	2018	2017	2016
Current Use Reserves	$ 118	$ 145	$ 103
Endowment Funds	3,787	3,472	3,209
Current Use Funds	226	223	269
Unexpended Endowment Income	1	1	2
Student Loan Funds	12	11	11
Investment in Facilities	719	660	617
Total Net Assets	$ 4,863 m.	$ 4,512 m.	$ 4,211 m.

Total Liabilities + Net Assets

Total Liabilities + Net Assets	$ 5,208 m.	$ 4,821 m.	$ 4,508 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 2018, the School’s results for fiscal years 2016 and 2017 are presented in accordance with GAAP within the Statement of Activity and Cash Flows.