Ford 2012 Annual Report Download - page 106

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104 Ford Motor Company | 2012 Annual Report
FORD MOTOR COMPANY AND SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS
NOTE 15. ACCRUED LIABILITIES AND DEFERRED REVENUE
Accrued liabilities and deferred revenue were as follows (in millions):
December 31,
2012
December 31,
2011
Automotive Sector
Current
Dealer and customer allowances and claims $ 6,779 $ 6,694
Deferred revenue 2,796 2,216
Employee benefit plans 1,504 1,552
Accrued interest 277 253
Other postretirement employee benefits ("OPEB") 409 439
Pension 387 388
Other 3,206 3,461
Total Automotive accrued liabilities and deferred revenue 15,358 15,003
Non-current
Pension 18,400 15,091
OPEB 6,398 6,152
Dealer and customer allowances and claims 2,036 2,179
Deferred revenue 1,893 1,739
Employee benefit plans 767 709
Other 1,055 1,040
Total Automotive other liabilities 30,549 26,910
Total Automotive sector 45,907 41,913
Financial Services Sector 3,500 3,457
Total sectors 49,407 45,370
Intersector elimination (a) — (1)
Total Company $49,407 $ 45,369
__________
(a) Accrued interest related to Ford's acquisition of Ford Credit debt securities. See Note 17 for additional details.