Ford 2010 Annual Report Download - page 108

Download and view the complete annual report

Please find page 108 of the 2010 Ford annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 184

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184

Notes to the Financial Statements
106 Ford Motor Company | 2010 Annual Report
NOTE 7. FINANCE RECEIVABLES (Continued)
See Note 9 for additional information related to the development of Ford Credit's allowance for credit losses.
The table below identifies non-consumer receivables that were both impaired and in non-accrual status for the year
ended December 31, 2010 (in millions):
Recorded
Recorded Recorded
Recorded
Investment in
Investment in Investment in
Investment in
Impaired
Impaired Impaired
Impaired
Receivables
ReceivablesReceivables
Receivables &
& &
&
Receivables
ReceivablesReceivables
Receivables
i
iiin
n n
n
Non
NonNon
Non-
---A
AAAccrual
ccrual ccrual
ccrual
Status
StatusStatus
Status
Unpaid
Unpaid Unpaid
Unpaid
Principal
Principal Principal
Principal
Balance
Balance Balance
Balance
Related
RelatedRelated
Related
Allowance
AllowanceAllowance
Allowance for
for for
for
Credit Losses
Credit LossesCredit Losses
Credit Losses
Average
Average Average
Average
Recorded
Recorded Recorded
Recorded
Investment
InvestmentInvestment
Investment
Financing
Financing Financing
Financing
Revenue
Revenue Revenue
Revenue
Collected
CollectedCollected
Collected
North America
North AmericaNorth America
North America
With no allowance recorded:
Non-consumer:
Wholesale................................
................................
$ 8 $ 8 $ — $ 19 $ 2
Dealer loans................................
................................
2 2 — 9 —
Other................................
................................
— — — — —
With an allowance recorded:
Non-consumer:
Wholesale................................
................................
— — — — —
Dealer loans................................
................................
64 64 10 69 3
Other................................
................................
— — — — —
International
InternationalInternational
International
With no allowance recorded:
Non-consumer:
Wholesale................................
................................
22 22 — 29 2
Dealer loans................................
................................
1 1 — 2 —
Other................................
................................
— — — — —
With an allowance recorded:
Non-consumer:
Wholesale................................
................................
5 5 2 8 —
Dealer loans................................
................................
— — — — —
Other................................
................................
— — — — —
Total
Total Total
Total
Non-consumer:
Wholesale................................
................................
35 35 2 56 4
Dealer loans................................
................................
67 67 10 80 3
Other................................
................................
— — — — —
Total................................
................................
$ 102 $ 102 $ 12 $ 136 $ 7