Ford 2012 Annual Report Download - page 69

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Ford Motor Company | 2012 Annual Report 67
FORD MOTOR COMPANY AND SUBSIDIARIES
SECTOR BALANCE SHEET (in millions)
December 31,
2012
December 31,
2011
ASSETS
Automotive
Cash and cash equivalents $ 6,247 $ 7,965
Marketable securities (Note 6) 18,178 14,984
Total cash and marketable securities 24,425 22,949
Receivables, less allowances of $115 and $126 5,361 4,219
Inventories (Note 10) 7,362 5,901
Deferred income taxes 3,488 1,791
Net investment in operating leases (Note 8) 1,415 1,356
Other current assets 1,124 1,053
Current receivable from Financial Services (Note 1) — 878
Total current assets 43,175 38,147
Equity in net assets of affiliated companies (Note 11) 3,112 2,797
Net property (Note 13) 24,813 22,229
Deferred income taxes 13,325 13,932
Net intangible assets (Note 14) 87 100
Non-current receivable from Financial Services (Note 1) — 32
Other assets 1,946 1,549
Total Automotive assets 86,458 78,786
Financial Services
Cash and cash equivalents 9,412 9,183
Marketable securities (Note 6) 2,106 3,835
Finance receivables, net (Note 7) 75,770 73,330
Net investment in operating leases (Note 8) 15,036 11,482
Equity in net assets of affiliated companies (Note 11) 134 139
Other assets 3,450 3,605
Receivable from Automotive (Note 1) 252 —
Total Financial Services assets 106,160 101,574
Intersector elimination (252) (1,112)
Total assets $ 192,366 $ 179,248
LIABILITIES
Automotive
Trade payables $ 15,107 $ 14,015
Other payables 3,044 2,734
Accrued liabilities and deferred revenue (Note 15) 15,358 15,003
Deferred income taxes 81 40
Debt payable within one year (Note 17) 1,386 1,033
Current payable to Financial Services (Note 1) 252 —
Total current liabilities 35,228 32,825
Long-term debt (Note 17) 12,870 12,061
Other liabilities (Note 15) 30,549 26,910
Deferred income taxes 514 255
Total Automotive liabilities 79,161 72,051
Financial Services
Payables 1,157 975
Debt (Note 17) 90,802 86,595
Deferred income taxes 1,687 1,301
Other liabilities and deferred income (Note 15) 3,500 3,457
Payable to Automotive (Note 1) — 910
Total Financial Services liabilities 97,146 93,238
Intersector elimination (252) (1,112)
Total liabilities 176,055 164,177
Redeemable noncontrolling interest (Note 19) 322 —
EQUITY
Capital stock (Note 26)
Common Stock, par value $.01 per share (3,875 million shares issued) 39 37
Class B Stock, par value $.01 per share (71 million shares issued) 1 1
Capital in excess of par value of stock 20,976 20,905
Retained earnings 18,077 12,985
Accumulated other comprehensive income/(loss) (Note 20) (22,854) (18,734)
Treasury stock (292) (166)
Total equity attributable to Ford Motor Company 15,947 15,028
Equity attributable to noncontrolling interests 42 43
Total equity 15,989 15,071
Total liabilities and equity $ 192,366 $ 179,248
The accompanying notes are part of the financial statements.
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