Ford 2011 Annual Report Download - page 173

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Notes to the Financial Statements
Ford Motor Company | 2011 Annual Report 171
NOTE 26. OPERATING CASH FLOWS (Continued)
Net income/(loss) attributable to Ford Motor Company
(Income)/Loss of discontinued operations
Depreciation and special tools amortization
Other amortization
Impairment charges
Held-for-sale impairment
Provision for credit and insurance losses
Net (gain)/loss on extinguishment of debt
Net (gain)/loss on investment securities
Net (gain)/loss on pension and OPEB curtailment
Net (gain)/loss on settlement of U.S. hourly retiree health care obligation
Net losses/(earnings) from equity investments in excess of dividends received
Foreign currency adjustments
Net (gain)/loss on sale of businesses
Stock option expense
Cash changes in operating assets and liabilities were as follows:
Provision for deferred income taxes
Decrease/(Increase) in intersector receivables/payables
Decrease/(Increase) in equity method investments
Decrease/(Increase) in accounts receivable and other assets
Decrease/(Increase) in inventory
Increase/(Decrease) in accounts payable and accrued and other liabilities
Other
Net cash (used in)/provided by operating activities
2009
Automotive
$1,563
(3)
3,743
174
157
650
—
(4,666)
(385)
(4)
248
(38)
415
29
27
590
(598)
74
407
2,201
(1,838)
128
$2,874
Financial
Services
$1,154
(2)
3,924
(1,261)
154
—
1,030
(71)
(25)
—
—
(7)
(323)
4
2
(1,336)
598
—
2,205
—
(994)
753
$5,805
Total (a)
$ 2,717
(5)
7,667
(1,087)
311
650
1,030
(4,737)
(410)
(4)
248
(45)
92
33
29
(746)
—
74
2,612
2,201
(2,832)
881
$ 8,679
_________
(a) See Note 1 for a reconciliation of the sum of the sector net cash (used in)/provided by operating activities to the consolidated net cash (used in)/
provided by operating activities.
Cash paid/(received) for interest and income taxes for continuing operations for the years ended December 31 was as
follows (in millions):
Interest
Automotive sector
Financial Services sector
Total interest paid
Income taxes
2011
$1,059
3,348
$4,407
$268
2010
$1,336
4,018
$5,354
$73
2009
$ 1,302
5,572
$ 6,874
$ (764)