Ford 2013 Annual Report Download - page 143

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Ford Motor Company | 2013 Annual Report 141
FORD MOTOR COMPANY AND SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS
NOTE 26. SEGMENT INFORMATION (Continued)
Financial Services Sector Total Company
Operating Segments Reconciling
Item
Ford
Credit (a)
Other
Financial
Services Elims Total Elims (b) Total
2013
Revenues $ 7,805 $192 $(449) $ 7,548 $ — $ 146,917
Income/(loss) before income taxes 1,756 (84) — 1,672 — 7,001
Other disclosures:
Depreciation and tooling amortization 2,422 18 — 2,440 — 6,504
Amortization of intangibles — — — — — 11
Interest expense 2,730 130 —2,860 — 3,689
Interest income (c) 50 — — 50 — 213
Cash outflow for capital spending 16 15 — 31 — 6,597
Unconsolidated affiliates
Equity in net income 23 — — 23 — 1,069
Total assets at December 31 115,608 5,679 (6,230) 115,057 (3,357)202,026
2012
Revenues $ 7,189 $267 $(464) $ 6,992 $ — $ 133,559
Income/(loss) before income taxes 1,697 13 — 1,710 — 7,720
Other disclosures:
Depreciation and tooling amortization 1,806 25 — 1,831 — 5,486
Amortization of intangibles — — — — — 10
Interest expense 3,027 88 — 3,115 — 3,828
Interest income (c) 69 1 — 70 — 342
Cash outflow for capital spending 18 11 — 29 — 5,488
Unconsolidated affiliates
Equity in net income 33 — — 33 — 588
Total assets at December 31 104,596 7,698 (7,282) 105,012 (2,064)189,406
2011
Revenues $ 7,662 $337 $(562) $ 7,437 $ — $ 135,605
Income/(loss) before income taxes 2,404 27 — 2,431 — 8,681
Other disclosures:
Depreciation and tooling amortization 1,154 30 — 1,184 — 4,717
Amortization of intangibles — — — — — 12
Interest expense 3,507 107 —3,614 — 4,431
Interest income (c) 83 1 — 84 — 471
Cash outflow for capital spending 15 6 — 21 — 4,293
Unconsolidated affiliates
Equity in net income 21 — — 21 — 500
Total assets at December 31 99,280 8,634 (7,302) 100,612 (2,012)177,386
__________
(a) Prior-year revenues, depreciation, and total assets were reclassified to conform to current-year presentation.
(b) Includes intersector transactions occurring in the ordinary course of business and deferred tax netting.
(c) Interest income reflected on this line for Financial Services sector is non-financing related. Interest income in the normal course of business for
Financial Services sector is reported in Financial Services revenues.
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