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Ford Motor Company | 2010 Annual Report 75
Sector Balance Sheet
FORD MOTOR COMPANY AND SUBSIDIARIES
(in millions)
ASSETS
ASSETSASSETS
ASSETS
December 31, 2010
December 31, 2010December 31, 2010
December 31, 2010
December 31, 2009
December 31, 2009December 31, 2009
December 31, 2009
Automotive
AutomotiveAutomotive
Automotive
Cash and cash equivalents
................................
................................
................................
................................
$ 6,301 $ 9,762
Marketable securities (Note 6) ................................................................................................
.............................
14,207 15,169
Total cash
and
marketable securities
................................
................................
................................
20,508
24,931
Receivables,
less allowances of $228 and $342
................................
................................
................................
3,992
3,378
Inventories
(
Note 10
)
................................
................................
................................
................................
5,917
5,041
Deferr
ed income taxes
................................
................................
................................
................................
359
479
Net investment in operating leases (Note 8) ................................................................
................................
1,282 2,208
Other current assets ................................................................................................
................................
610 688
Current receivable from Financial Services (Note 1) ................................................................
............................
1,700 2,568
Total current assets................................................................................................
................................
34,368 39,293
Equity in net assets of affi
liated companies
(Note 11)
................................
................................
..........................
2,441 2,246
Net property
(Note 14)
................................
................................
................................
................................
23,027 22,455
Deferred income taxes
................................
................................
................................
................................
2,468
5,660
N
et intangible
assets (Note
16
)
................................
................................
................................
............................
102 165
Assets of held
-
for
-
sale operations
(Note 24
)
................................
................................
................................
—
7,618
Non-current receivable from Financial Services (Note 1) ................................................................
.....................
181 —
Other assets ................................................................................................................................
........................
2,019 1,681
Total Automotive assets................................................................................................
................................
64,606 79,118
Financial Services
Financial ServicesFinancial Services
Financial Services
Cash and cash equivalents
................................
................................
................................
................................
8,504 11,132
Marketable securities
(Note 6)
................................
................................
................................
.............................
6,759
6,864
Finance receivables, net
(
Note
7)
................................
................................
................................
........................
73,2
65
79,705
Net investment in operating leases
(Note 8)
................................
................................
................................
10,393 15,062
Equity in net assets of affiliated companies
(Note 11)
................................
................................
..........................
128 121
Other assets ................................................................................................................................
........................
4,221 6,228
Total Financial Services assets
................................
................................
................................
........................
103,270
119,112
Intersector elimination ................................................................................................
................................
(2,083) (3,224)
Total assets
Total assetsTotal assets
Total assets................................................................................................................................
......................
$ 165,793 $ 195,006
LIABILITIES
LIABILITIESLIABILITIES
LIABILITIES
Automotive
AutomotiveAutomotive
Automotive
Trade payables
................................
................................
................................
................................
....................
$ 13,466 $ 11,607
Other payables
................................
................................
................................
................................
.....................
1,544 1,458
Accrued liabilities and deferred revenue
(Note 17)
................................
................................
...............................
17,065
18,138
Deferred income taxes
................................
................................
................................
................................
392
3,091
Debt paya
ble within one
year (
Note 19
)
................................
................................
................................
2,049 1,638
Total current liabilities
................................
................................
................................
................................
34,516
35,932
Long
-
term
debt (
Note 19
)
................................
................................
................................
................................
17,028 31,972
Other liabilities
(Note 17)
................................
................................
................................
................................
23,016 23,132
Deferred income taxes
................................
................................
................................
................................
344 561
Liabilities of held-for-sale operations (Note 24) ................................................................
................................
— 5,321
Total Automotive liabilities................................................................................................
................................
74,904 96,918
Financial Services
Financial ServicesFinancial Services
Financial Services
Payables
................................
................................
................................
................................
..............................
1,352 1,236
Debt
(Note 19
)
................................
................................
................................
................................
.....................
85,112 98,671
Deferred income taxes
................................
................................
................................
................................
1,505 1,735
Other liabilities and deferred income (Note 17) ................................................................
................................
3,764 4,884
Payable to Automotive (Note 1) ................................................................................................
...........................
1,881 2,568
Total Financial Services liabilities................................................................................................
.....................
93,614 109,094
Intersector elimination
................................
................................
................................
................................
(2,083) (3,224)
Total liabilities................................................................................................
................................
166,435 202,788
EQUITY
EQUITYEQUITY
EQUITY
Capital stock
(Note 25)
Common Stock, par value $0.01 per share (3,707 million shares issued of 6 billion authorized)
........................
37 33
Class B Stock, par value $0.01 per
share (
71
million shares issued
of 530 million authorized
)
..........................
1 1
Capital in excess of par value of stock
................................
................................
................................
20,803 16,786
Accumulated other comprehensive
income/(loss)
................................
................................
...............................
(14,313) (10,864)
Treasury stock
................................
................................
................................
................................
.....................
(163) (177)
Retained earnings/(Accumulated deficit)................................................................
................................
(7,038) (13,599)
Total equity/(deficit) attributable to Ford Motor Company ................................
................................
(673) (7,820)
Equity
/(Deficit)
attributable to noncontrolling int
erests
................................
................................
..........................
31 38
Total equity/(deficit)................................................................................................
................................
(642) (7,782)
Total liabilities and equity
Total liabilities and equityTotal liabilities and equity
Total liabilities and equity ................................................................................................
................................
$ 165,793 $ 195,006
The accompanying notes are part of the financial statements.