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Ford Motor Company Annual Report 2005 68 Ford Motor Company Annual Report 2005 69
Notes to the Financial Statements
NOTE 5. MARKETABLE, LOANED AND OTHER SECURITIES (Continued)
Investments in marketable and loaned securities at December 31 were as follows (in millions):
2005 2004
Amortized Unrealized Fair Amortized Unrealized Fair
Cost Gains Losses Value Cost Gains Losses Value
Automotive Sector
Trading ................................................................
.......................
$ 8,028 $ 13 $ 24 $ 8,017 $ 7,648 $ 12 $ 23 $ 7,637
Available-for-sale
U.S. government ................................................................
.......
1,063 — 6 1,057 933 1 9 925
Mortgage-backed securities................................
.......................
527 1 4 524 212 2 1 213
Other debt securities................................................................
..
729 17723 582 19574
Subtotal................................................................
....................
2,319 217 2,304 1,727 419 1,712
Total ................................................................
.......................
$ 10,347 $ 15 $ 41 $ 10,321 $ 9,375 $ 16 $ 42 $ 9,349
Financial Services Sector
Trading ................................................................
.......................
$ 2 $ 1 $ — $ 3 $ 2 $ — $ — $ 2
Available-for-sale
U.S. government................................................................
........
92 1 — 93 101 2 — 103
Mortgage-backed securities................................
.......................
282 1 4 279 184 3 — 187
Other debt securities................................................................
..
242 1 3 240 264 9 1 272
Equity................................................................
........................
65 38 1102 50 37 384
Subtotal................................................................
....................
681 41 8 714 599 51 4 646
Held-to-maturity
U.S. government................................................................
........
6——67——7
Total ................................................................
.......................
$ 689 $ 42 $ 8 $ 723 $ 608 $ 51 $ 4 $ 655
The proceeds and gains/(losses) from sales of available-for-sale securities were as follows (in millions):
Proceeds Gains/(Losses)
2005 2004 2003 2005 2004 2003
Automotive Sector ................................................................................................................................
..
$5,106 $ 7,615 $ 8,673 $ (57) $ (12) $ 9
Financial Services Sector................................................................................................
........................
482 768 693 4 6 14
The amortized cost and fair value of investments in available-for-sale and held-to-maturity securities by contractual maturity
for our sectors at December 31, 2005 were as follows (in millions):
Automotive Financial Services
Available-for-Sale Available-for-Sale Held-to-Maturity
Contractual Maturity
Amortized
Cost
Fair
Value
Amortized
Cost
Fair
Value
Amortized
Cost
Fair
Value
1 year ................................................................................................
.....................
$ 129 $ 129 $ 14 $ 14 $ 1 $ 1
2-5 years ................................................................................................
................
1,506 1,496 180 178 3 3
6-10 years ................................................................................................
..............
39 38 60 59 — —
11 years and later ................................................................................................
...
118 117 80 82 1 1
Mortgage-backed securities ................................................................
...................
527 524 282 279 1 1
Equity securities................................................................................................
.....
——65 102 ——
Total ................................................................................................
....................
$ 2,319 $ 2,304 $ 681 $ 714 $ 6 $ 6