Ford 2008 Annual Report Download
Download and view the complete annual report
Please find the complete 2008 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.More Products People Want
Ford Motor Company / 2008 Annual Report
Table of contents
-
Page 1
More Products People Want Ford Motor Company / 2008 Annual Report -
Page 2
... 18 months to pay for benefits ("short-term VEBA assets"). As a result of our agreement with the UAW regarding retiree health care obligations, we did not in 2008 and do not expect in the future to have significant short-term VEBA assets. (c) Source: Bowne Ford Motor Company | 2008 Annual Report -
Page 3
... more information regarding Ford's products, please visit www.ford.com. More Products People Want Ford Motor Company / 2008 Annual Report On the Cover The new European Ford Fiesta is purposely bold and sophisticated, designed to clearly stand out from any other car in markets around the world. In... -
Page 4
... It's the next step in our commitment to deliver fuel economy solutions for millions. The plan leverages our ONE Ford product vision by taking advantage of high-volume, global vehicle platforms. We're also forging partnerships with suppliers, electric utilities and other key stakeholders to meet the... -
Page 5
...changed America's view of full-size sedans - is all-new for 2010 and ready to take on the world's best, with an upscale new design, impeccable driving dynamics and class-leading technologies. The famed performance model, Taurus SHO, returns for 2010 (above). Ford Motor Company | 2008 Annual Report 3 -
Page 6
...manufacturing capacity, closing plants and reducing our work force. We negotiated a new contract with the UAW to improve our competitiveness. We shifted to a balanced product lineup offering high quality, proven safety, excellent fuel economy and good value. ONE FORD ONE Ford expands on the company... -
Page 7
...to the latest U.S. Global Quality Research System (GQRS) study. Ford's commitment to world-class quality extends beyond Things Gone Wrong (TGWs). Ford also designs into its vehicles a number of customer-driven product features, such as fuel economy, superior craftsmanship, and quiet interiors. These... -
Page 8
...; a new Ford Taurus; a high-performance Taurus SHO with an EcoBoostâ„¢ engine; a new type of small commercial van for the North American market called the Ford Transit Connect; an upgraded Mercury Milan and new Milan Hybrid; an upgraded Lincoln MKZ; a Ford Flex and Lincoln MKS with a fuel-efficient... -
Page 9
.... By 2013, every North American Ford assembly plant will have a ï¬,exible body shop. Ford is leveraging its global portfolio of products to meet the unique needs of American small-business owners with the 2010 Transit Connect, a spacious new fuel-efï¬cient alternative to larger commercial vehicles... -
Page 10
..., Government and Community Relations Nicholas J. Smither Group Vice President and Chief Information Officer Peter J. Daniel Senior Vice President and Controller Other Vice Presidents Darryl B. Hazel Senior Vice President and President, Customer Service Division Joseph Bakaj Product Development, Ford... -
Page 11
... Management's Report on Internal Control Over Financial Reporting New York Stock Exchange Required Disclosures Stock Performance Graph * Financial information contained herein (pages 10-143) is excerpted from the Annual Report on Form 10-K for the year ended December 31, 2008 of Ford Motor Company... -
Page 12
Management's Discussion and Analysis of Financial Condition and Results of Operations ..&37) 7 - 6 6'#76& ...$87 7 7 7,!73.27(! 7!7 7 $ 7$. 7 7B>>K7.72.% 7 2.) 7. $7 7, -7.--7$7 3.);7 10 Ford Motor Company | 2008 Annual Report -
Page 13
Management's Discussion and Analysis of Financial Condition and Results of Operations &7 2!7 $ - )7!7. !(87,! 7.7.7 7 !3-7 $ 27$7 7 ... 9 27! 7. 87 $-7!(7.7!7 7 7.! .-7 (7 $7-.!7! ;7 Ford Motor Company | 2008 Annual Report 11 -
Page 14
... and utilities, and commercial vans. As an example of how commonality can work for us, the new Fiesta compact car that we introduced in Europe in 2008 also will be offered for sale in all major markets, including the United States, over the next few years. 12 Ford Motor Company | 2008 Annual Report -
Page 15
... Kuga crossover will be available for the first time with a 2.5-litre 5-cylinder Duratec Turbo gas engine and Durashift 5-tronic automatic transmission. Based on the strength of its product portfolio, Ford Europe improved its fourth quarter and full-year 2008 market share in the 19 markets we track... -
Page 16
Management's Discussion and Analysis of Financial Condition and Results of Operations 2+2+2+622'7!.87B>>M72.)7 7! ... 287,!7.-- ,7 7.972 3!-7 7.72$!7-.7 . ! ;7747.(7$.7" 7,! 7. $7 14 Ford Motor Company | 2008 Annual Report -
Page 17
... and Analysis of Financial Condition and Results of Operations such as 911 Assist and Vehicle Health Reports, and will upgrade SYNC again in the summer of 2009 with new features such as real-time traffic reports and turn-by-turn directions. We currently offer SYNC in North America and plan to roll... -
Page 18
Management's Discussion and Analysis of Financial Condition and Results of Operations ! 7 !. ! 7 !7.- 7.7 $ 7E:/:57$!737 ... 7-. 7 7$ --!.7 ' . ! .-87';7E:':57.$!! ! 7 7-.7.!-! ;777 16 Ford Motor Company | 2008 Annual Report -
Page 19
Management's Discussion and Analysis of Financial Condition and Results of Operations '-$7!7$ .7 -
Page 20
Management's Discussion and Analysis of Financial Condition and Results of Operations '-$7!7 % 2 7 -
Page 21
Management's Discussion and Analysis of Financial Condition and Results of Operations .!-7372 7 7$ 2 !(7($... Ford Motor Company | 2008 Annual Report 19 -
Page 22
Management's Discussion and Analysis of Financial Condition and Results of Operations %+**2! . %2 2 7 ([SODQDWLRQRI&RVW&KDQJHV...77&7.( .3-7 7.7!2.!-7- 7- ,7 7 $ 87 (.87.7!9-. 7 ;7 20 Ford Motor Company | 2008 Annual Report -
Page 23
Management's Discussion and Analysis of Financial Condition and Results of Operations + +2.627&7-!7!7$- 7.72 7 .71-.!737.7.7.7...QFOXGHVWKHVDOHRI0D]GDYHKLFOHVE\RXUFRQVROLGDWHGVXEVLGLDU\$$, Ford Motor Company | 2008 Annual Report 21 -
Page 24
Management's Discussion and Analysis of Financial Condition and Results of Operations .!-7 7$ 2 !(7 7.-7.7, -.-7$! 7( -$2737$ 2 !(72 7 7B>>J7.7B>>I7.7 ...7$! 7! !3$ 7 7 7 2 7 22 Ford Motor Company | 2008 Annual Report -
Page 25
Management's Discussion and Analysis of Financial Condition and Results of Operations %+**2! . %2 2 7 &7!2 (2 ...7.7!2.!-7- 7- ,72.$. $!7.7!!7 87 (.7 87.7 7 $ 7 ;7 7 Ford Motor Company | 2008 Annual Report 23 -
Page 26
Management's Discussion and Analysis of Financial Condition and Results of Operations + +2.627...587.7.7.!7-. 7 7 7.-7 7. 1!2. -7.-7 7 7! R7 ,!7! 7!7! 7 !7 . ! 7E.3 $ 7=@>>72!--! 5;7777 24 Ford Motor Company | 2008 Annual Report -
Page 27
Management's Discussion and Analysis of Financial Condition and Results of Operations 7! 7(!,7! 73$!7 2.7 27...!(73$!7 ..2 87.7 7 7$. 7B>>K7!2.!2 7.7 7! 7 72!.7 . !7-.;7 Ford Motor Company | 2008 Annual Report 25 -
Page 28
Management's Discussion and Analysis of Financial Condition and Results of Operations &7 -- ,!7 .3-7 ,7, -,!7.9 7E! 7- 7 7 ... ಧ 26 Ford Motor Company | 2008 Annual Report -
Page 29
Management's Discussion and Analysis of Financial Condition and Results of Operations 7! R7.-- ,.7 7! 7- 7 .-7=@;J73!--! ... 7!7 $277.,.7 27$--9 ! 7 $)7.7 .! ! .-7 7$ !-! 7(!-;7 7 Ford Motor Company | 2008 Annual Report 27 -
Page 30
... initiative (about $100 million). These factors were offset partially by lower expenses primarily reflecting improved operating costs (about $400 million) and lower net losses related to market valuation adjustments to derivatives (about $300 million). 28 Ford Motor Company | 2008 Annual Report -
Page 31
Management's Discussion and Analysis of Financial Condition and Results of Operations &)&&%6 6&%6!)!6 6 # 1 '6! 6...)2 .2 +2+%2 2 !2 + 87 72 7! -7 2..3-7*;";77 !.!.-72.$;7 7 Ford Motor Company | 2008 Annual Report 29 -
Page 32
Management's Discussion and Analysis of Financial Condition and Results of Operations .7!7$ 2 !(7 7.7 7 7-. 7 7.7.7$22...73$!;77 71.2-87 (!-7, -.-7- .7 . 7.72.737 7! 7 7 9 ,7.-;7 30 Ford Motor Company | 2008 Annual Report -
Page 33
Management's Discussion and Analysis of Financial Condition and Results of Operations /2+ 22+622 7237D@87B>>K87 $7$ 2 !(7 ...!7$3!!.!7E!-$!7/ -( 5P7.7 .!7 2 !7! -- $.-7 87!-$!7 .2.);7 7 Ford Motor Company | 2008 Annual Report 31 -
Page 34
Management's Discussion and Analysis of Financial Condition and Results of Operations &7! 72 7$!7 !7 2-!.7,! 7.73 ...7D>87B>@>87=DBJ72!--! 7.7 22! 7 $7!-7@87B>@B87.7 72.!71!73 7+$7D>87B>>M;777 2 32 Ford Motor Company | 2008 Annual Report -
Page 35
Management's Discussion and Analysis of Financial Condition and Results of Operations 2*+2 622$7 -!7 7$7-.7!7 7 !3$ 7.$.--87. 7.72!!2$... .!-7! .--2 7.-7 . 7.7 .!-7-.7 . 7 7$ 7 7.-7 7 7 Ford Motor Company | 2008 Annual Report 33 -
Page 36
Management's Discussion and Analysis of Financial Condition and Results of Operations $ 87,!7.7!-$73... 7 7 3 .!7 7.7! 7. !7 7! 7!$.7, $-7-!2! 7! 7.3!-! 7 7 !.7, -.-7!(.3-7 7 $7.-;777 7 34 Ford Motor Company | 2008 Annual Report -
Page 37
Management's Discussion and Analysis of Financial Condition and Results of Operations $7 7 7 7- 3.-7! 7!!7.7 7! ... 7$!7,.7 ,7.3 $ 7=G73!--! 7 27.97B>>J87- !7 7.2 ! . ! 7 7(! $7$! ! . ! ;7 7 Ford Motor Company | 2008 Annual Report 35 -
Page 38
Management's Discussion and Analysis of Financial Condition and Results of Operations ! 2*+622&7 -- ,!7 .3-7!--$ . 7 7! R7$3-!7.7!(. ...7E1-$72.) .3-7$! !7-. 7 7!$.7. !(! !57. 7 237D@87B>>K;7 7 36 Ford Motor Company | 2008 Annual Report -
Page 39
Management's Discussion and Analysis of Financial Condition and Results of Operations 7! R73.-.7 7!7! -7-!$!73.$7 7... 73 7.7-. 7 7!. 7 .!7(.-$77.7.%$ 2 7 7$! 7.7-. 7 7 .!7.!;7 Ford Motor Company | 2008 Annual Report 37 -
Page 40
Management's Discussion and Analysis of Financial Condition and Results of Operations 7! 73-!(7 . 72..7-(.7!7$$-7 7! 7!( 73.$7!... 27 !27 7 !27.7.7 7! -(7$ !-7 7-. 7!7 7$! !7!7.!7!7$--;7 38 Ford Motor Company | 2008 Annual Report -
Page 41
Management's Discussion and Analysis of Financial Condition and Results of Operations 7! R7$7 7"7!7! 7$! ! . ! 7!7 ! 7,! 7 ...2! 7 7$.7.! ! .-7. 93.)7$! !7 7 7- 7.7$7-(-7.71;7 7 Ford Motor Company | 2008 Annual Report 39 -
Page 42
Management's Discussion and Analysis of Financial Condition and Results of Operations 7 +*2 !627'7! 7-... 6 "7 7@I7 7 7 7 7 7!.!.-7" . 2 7 72 7! 2. ! 7.!7 93.-.7 7$! ! . ! ;7 6 40 Ford Motor Company | 2008 Annual Report -
Page 43
Management's Discussion and Analysis of Financial Condition and Results of Operations 8-,-6!6-16 6 47.(7 7! 7(.! $7..2 7 ... VORQJWHUPUDWLQJWR&&&IURP&&&DQGPDLQWDLQHG)RUG V RXWORRNDW1HJDWLYH Ford Motor Company | 2008 Annual Report 41 -
Page 44
Management's Discussion and Analysis of Financial Condition and Results of Operations )RUG&UHGLW )RUG&UHGLW ƒ7 '%56 ƒ7 ... 7 7 7!)7.7 7 . 72.7!2. 7 $7-.877:$ - ):73- ,87.7 7@7 7 7 7 7 7!.!.-7" . 2 ;7 7 777 42 Ford Motor Company | 2008 Annual Report -
Page 45
Management's Discussion and Analysis of Financial Condition and Results of Operations )%/66 6 - $7B>>M7,!--737.--!87,73-!(7... ! 87.! .-7!7$ ! 7 7.3 $ 7=@73!--! 7 7=@;G73!--! 7E!2.!-7- !7 9$7 Ford Motor Company | 2008 Annual Report 43 -
Page 46
Management's Discussion and Analysis of Financial Condition and Results of Operations 7!7$!7B>>K7 7 $72.% 79@G>7-.$7.7. ...>@@871-$!7!.-7! 27E$7.717-. 7 7 $7-.7 .!-! 7- $7!7B>@@5;7777 77 44 Ford Motor Company | 2008 Annual Report -
Page 47
Management's Discussion and Analysis of Financial Condition and Results of Operations (6- 6 6 " . 2 7!-$7 7! . 7377!72.7 ! $ 7T...2 87, 7.7.7$- 7 7,7! 2. ! 87$ $7( 7 7 ,!;777 6 Ford Motor Company | 2008 Annual Report 45 -
Page 48
Management's Discussion and Analysis of Financial Condition and Results of Operations &%&6) %& 6!%&%!6 6 47 !7.7. $ !7 !2. ...;7 7 7 $*+ 677$7!-. ! 7.$2 ! 7!73.7 7.7(.-$. ! 7 71 .-72.) 7!!. ;7 46 Ford Motor Company | 2008 Annual Report -
Page 49
Management's Discussion and Analysis of Financial Condition and Results of Operations 7 - 2 622&71 7.2 $ 7.7 !2!7 7 !3$ ! 7!73... $ 7. 7 7. 7 7 7$(7.7.7!-7! $ 7. 7!!7 7 7-.7!7 2!;2 2 Ford Motor Company | 2008 Annual Report 47 -
Page 50
Management's Discussion and Analysis of Financial Condition and Results of Operations 7 +*2+2 2 622$7.- 7.7 7 7.$2 ! 7.7(- ...287 2.!7 % 7$! $ 7$ $7.7- ,7 7 7.!7(.-$7 7 7. 7 48 Ford Motor Company | 2008 Annual Report -
Page 51
Management's Discussion and Analysis of Financial Condition and Results of Operations $;77'7 7 7 7 ... 7! 7.!7 (.-$7!7 717! 7.!7(.-$;77- $7! 7!7!!$- 7 7.7 7 3.3!-! !7 7.--7 !3-72.) 9. !!. 7 Ford Motor Company | 2008 Annual Report 49 -
Page 52
Management's Discussion and Analysis of Financial Condition and Results of Operations .$2 ! 7!7 7( -. ... 7 7-.!7.$2 ! 7$87 7 7:$ - ):7!$! 7!7 $7$. -7 7 7 27@>97 7 7! 77+$7D>87B>>K;777 7 50 Ford Motor Company | 2008 Annual Report -
Page 53
Management's Discussion and Analysis of Financial Condition and Results of Operations $7 !7$!7 7 7$. 7 7B>>K7... 7-.;27 !2% *!.;77 7! R7 % ! 7 7 7$237 7(!-7 . 7,!--737 $7. 7-.9;77 7 Ford Motor Company | 2008 Annual Report 51 -
Page 54
Management's Discussion and Analysis of Financial Condition and Results of Operations 7 7 !2+622 7! R7 !2. ! 7 7 7! $ 7. 87- !7....7!7 7 $ ,!7 3% !(7. !(7(!7 7 7!.!.-7 !7 52 Ford Motor Company | 2008 Annual Report -
Page 55
Management's Discussion and Analysis of Financial Condition and Results of Operations - ;77""7 ;7@>M7 . 7 . 7.7$2$-. !(7- ... -7 7!7. 587.7. !-87,7.(7 7.7$--7(.-$. ! 7.-- ,.7..! 7 7 77 .17. ;7 7 Ford Motor Company | 2008 Annual Report 53 -
Page 56
Management's Discussion and Analysis of Financial Condition and Results of Operations 7237D@87B>>K7.7237D@87B>>J87 $7 77....7(!-7!7 7*! 7" . 7,7 7!.737 7 .7 ! 7 27! 7 7 !2. 87 7 54 Ford Motor Company | 2008 Annual Report -
Page 57
Management's Discussion and Analysis of Financial Condition and Results of Operations 7, $-737 7!.7 7!. ! 7 7 ... 2!7!7!!(!$.-7- .7.7 !2.!87.7.7.-- ,.7!7 !2. 7 7 71 7- 7 7 7- .;7 7 Ford Motor Company | 2008 Annual Report 55 -
Page 58
Management's Discussion and Analysis of Financial Condition and Results of Operations .7!7 7! R7.$2 ! ...$!7. !87 ,7 7! 7 . 7,! 7$-!7 7$.7 7 .!7.,72. !.-87 2 7.7(!;77&7 56 Ford Motor Company | 2008 Annual Report -
Page 59
Management's Discussion and Analysis of Financial Condition and Results of Operations ..2 72.7 .!7!17 72... 7.77 3-!. ! 7 .7 7*47/877 7@I87G87.7BD87 !(-87 7 7 7 7 7!.!.-7" . 2 ;776 6 6 Ford Motor Company | 2008 Annual Report 57 -
Page 60
Quantitative and Qualitative Disclosures About Market Risk ..&36 6 47.71 7 7.7(.! 7 72.) 7.7 7!)87!-$!7... 7,! 7 9-!.7 $87. !. 72 -7.7$ !-! 7 7 2!7 7!2. 7 7! 7!7. 7.7!;7 6 7 2 58 Ford Motor Company | 2008 Annual Report -
Page 61
Quantitative and Qualitative Disclosures About Market Risk 2!2&622 !7$7!)7!7 7 !3!-! 7 . 7 ... 7! 87 .3-!71 $7-!2! 7 7.7 $ . 7 72!!2! 7!)7.7 (!7 $ . 7 ;77 7 Ford Motor Company | 2008 Annual Report 59 -
Page 62
... an agreement to buy or sell an amount of funds in an agreed currency at a certain time in the future for a certain price. As a result of this policy, Ford Credit believes its market risk exposure relating to changes in currency exchange rates is insignificant. 60 Ford Motor Company | 2008 Annual... -
Page 63
Quantitative and Qualitative Disclosures About Market Risk 2 $2+2&622 7! R7!2.72.) 7!)71 $7!7! 7. 7!)... E3 ,7. 7.7-!.3!-! !571! !7!7.7. !$-.7 !293.7.--7,! !7.7 .3-!7 -.;7 Ford Motor Company | 2008 Annual Report 61 -
Page 64
Quantitative and Qualitative Disclosures About Market Risk 7.7$- 7 7! 7! 7. 7!)72..2 7 87!7 7.. 7 ...! 7 .!7 $7!.!.-7"(!7 7!(. !(877 7BB7 7 7 7 7 7!.!.-7" . 2 ;7 7 ;7 7 62 Ford Motor Company | 2008 Annual Report -
Page 65
Ford Motor Company | 2008 Annual Report 63 -
Page 66
...LQFRPHORVV 'LOXWHGLQFRPHORVV ,QFRPH/RVVIURPFRQWLQXLQJRSHUDWLRQV QFRPH/RVVIURPGLVFRQWLQXHGRSHUDWLRQV 1HWLQFRPHORVV DVKGLYLGHQGV &7. 2.!7 7.7. 7 7 7!.!.-7 . 2 ;7 64 Ford Motor Company | 2008 Annual Report -
Page 67
.../RVVIURPFRQWLQXLQJRSHUDWLRQV QFRPH/RVVIURPGLVFRQWLQXHGRSHUDWLRQV 1HWLQFRPHORVV &DVKGLYLGHQGV &7. 2.!7 7.7. 7 7 7!.!.-7 . 2 ;7 Ford Motor Company | 2008 Annual Report 65 -
Page 68
... 7RWDOOLDELOLWLHVDQGVWRFNKROGHUV HTXLW\ &7. 2.!7 7.7. 7 7 7!.!.-7 . 2 ;7 66 Ford Motor Company | 2008 Annual Report -
Page 69
... 0LQRULW\LQWHUHVWV &7. 2.!7 7.7. 7 7 7!.!.-7 . 2 ; Ford Motor Company | 2008 Annual Report 67 -
Page 70
... &DVKDQGFDVKHTXLYDOHQWVDW'HFHPEHU &DVKDQGFDVKHTXLYDOHQWVDW'HFHPEHU 7 7 &7. 2.!7 7.7. 7 7 7!.!.-7 . 2 ;7 68 Ford Motor Company | 2008 Annual Report -
Page 71
... ಧ ಧ ಧ ಧ &7. 2.!7 7.7. 7 7 7!.!.-7 . 2 ;7 Ford Motor Company | 2008 Annual Report 69 -
Page 72
... ಧ ಧ ಧ ಧ ಧ ಧ ಧ ಧ ಧ ಧ ಧ ಧ ಧ ಧ &7. 2.!7 7.7. 7 7 7!.!.-7 . 2 ;7 70 Ford Motor Company | 2008 Annual Report -
Page 73
Notes to the Financial Statements Table of Contents )RRWQRWH 1RWH 1RWH 1RWH 1RWH 1RWH 1RWH 1RWH 1RWH 1RWH 1RWH 1RWH ... HRJUDSKLF,QIRUPDWLRQ 6HOHFWHG4XDUWHUO\)LQDQFLDO'DWD RPPLWPHQWVDQG&RQWLQJHQFLHV 3DJH Ford Motor Company | 2008 Annual Report 71 -
Page 74
Notes to the Financial Statements %6 -
Page 75
Notes to the Financial Statements %6 -
Page 76
Notes to the Financial Statements %6 -
Page 77
Notes to the Financial Statements %6 -
Page 78
Notes to the Financial Statements %6=966!)66) %& 6&&!7 6 , - 6 6 - -,6!-16 6 7 $7!.!.-7 . 2 7!-$7... 7!72+2 7 $7 -!. 73.-.2 ;7747(!,7 $7!3$2 7. $ 77 76 Ford Motor Company | 2008 Annual Report -
Page 79
Notes to the Financial Statements %6=966!)66) %& 6&&!6, () ) .7-.!7.7.. 7. !(... 7.!7(.-$7.7 7$.-! 7.!7.7 7 7 7 .187.7.7.. 7 2 7 7 !.!*+ 2 2 2 .7 -
Page 80
Notes to the Financial Statements %6=966!)66) %& 6&&!6, () 7 7! 7.-... 2!7 % ! ;777!2.!2 7.7!7 ! 7 7 7.2 $ 737,!7 7.!7(.-$7 7 7. 7 $717! 7 !2. 7.!7(.-$;7 78 Ford Motor Company | 2008 Annual Report -
Page 81
Notes to the Financial Statements %6=966!)66) %& 6&&!6, () 6 )**622$7 -!7!7 7 27.$.-7 !7 7 ... $7!(.3-7!7 7!7! . %22 .2+ 2 2 4 +2 .7 -
Page 82
Notes to the Financial Statements %6=966!)66) %& 6&&!6, (7 ) '#6 6F6 - -,6!' 6! 66 6 ...7 (7 7 2.7.7 ! ! 7! 73.7 7 7.!72.) 7(.-$7 7 7 )7. 7. 7. ;7 80 Ford Motor Company | 2008 Annual Report -
Page 83
Notes to the Financial Statements %6=966!)66) %& 6&&!6, () 7 47.- 7. 7 )7 ! 7 7 $72- ;77472.$7 7.!7(.-$7 7 ... ! ! 737 $ . 7 7$ 7 73.-.7 7 . ! 7.7!- $;77 7 Ford Motor Company | 2008 Annual Report 81 -
Page 84
Notes to the Financial Statements %6=966!)66) %& 6&&!6, () 7 --7!(. !(7.7 ! 7 ...2.-7 $7 7 $7 3$!87,7.(7- 7 7.-7 7 2.-7$.7.7 2.-7.-7-.!!. ! 87,! 7 .!71 ! ;72 82 Ford Motor Company | 2008 Annual Report -
Page 85
Notes to the Financial Statements %6=966!)66) %& 6&&!6, () 7 !,66 66 7 ...2..2 7 !!7 7!.!.-7 . 2 87.7,7!-7 7!.!.-7 . 2 7,! 7 7*;";7"$! !7.71.7 22!! ;7 Ford Motor Company | 2008 Annual Report 83 -
Page 86
Notes to the Financial Statements %6>966/%76 76 6%"6!)&%&!66 6 --72.) .3-7$! !7-7. 7+.$.7@87B>>K7 7$3$ -7.$!7.7 7.7 .!7$!...]HG 8QUHDOL]HG /RVVHV /RVVHV )DLU )DLU 9DOXH 9DOXH 84 Ford Motor Company | 2008 Annual Report -
Page 87
Notes to the Financial Statements %6>966/%76 76 6%"6!)&%&!6, (6 7 &7 7 272. $! !7.7.-7 7.(.!-.3-9 9.-7$! !7,7.7 -- ,...WKDWDUH QRWVXEMHFWWRIDLUYDOXHGLVFORVXUHUHTXLUHPHQWV Ford Motor Company | 2008 Annual Report 85 -
Page 88
Notes to the Financial Statements %6@966& 6&.!6F6& &6!.&!6!%6, (6 !.7!(.3-7 . 7 !!.... 86 Ford Motor Company | 2008 Annual Report -
Page 89
Notes to the Financial Statements %6A966 %6& .!% %6& 6%& 6!!6, (66 # 1 '6! 6 ...7.7 7.2 $ 7 7! 7!(87 7 7187 27--!7 7 7(!-87!-$!7.7 (!7 27 7$ 2;7 Ford Motor Company | 2008 Annual Report 87 -
Page 90
Notes to the Financial Statements %6C966!!66&.!6F6& &6!.&!6!%6 6 !' 6 , 6 6 7! 7 .!7(!!7! 7 7!(.3-7 ... 88 Ford Motor Company | 2008 Annual Report -
Page 91
Notes to the Financial Statements %6C966!!66&.!6F6& &6!.&!6!%6, (666666 6 -6, +6 6 &7 -- ,!7 .3-7$22.! ...7 7B>>K7$.87 7 7 7,!7.7 ! . %2 2 2+*737.3 $ 7=B>M72!--! ;6 Ford Motor Company | 2008 Annual Report 89 -
Page 92
Notes to the Financial Statements %6E966)&%6& 6 %6!!%!66&&%6 &!6 6 &7 -- ,!7 .3-7- 7 $7 ,!7 .7. 7237D@87B>>K87...2 7!77!7 7!7! . %2!272+2 2+*+ 2 . +;77 90 Ford Motor Company | 2008 Annual Report -
Page 93
Notes to the Financial Statements %6E966)&%6& 6 %6!!%!66&&%6 &!6, (6 6 +622'7 7 7$. 7 7B>>K87... 7/'7 7 7 7.! ! .-7. 7 . 7 $-737$7 7. !7-.!27..! 7 $7.-7. ;7 Ford Motor Company | 2008 Annual Report 91 -
Page 94
Notes to the Financial Statements %6 -
Page 95
Notes to the Financial Statements %6 -
Page 96
Notes to the Financial Statements %6 -
Page 97
Notes to the Financial Statements %6 -
Page 98
Notes to the Financial Statements %6 -
Page 99
Notes to the Financial Statements %6 -
Page 100
Notes to the Financial Statements %6966&& %66 8&.6!!%!6? 47 7 &7 .3-73- ,7!37 7!!!. 7 2 7 7 7B>>I7-... 2 . +2 7=DF72!--! 7.7 =BFJ72!--! 7. 7237D@87B>>K7.7B>>J87 !(-;7 7 98 Ford Motor Company | 2008 Annual Report -
Page 101
Notes to the Financial Statements %6 -
Page 102
Notes to the Financial Statements %6 -
Page 103
Notes to the Financial Statements %6>K7,7.7 ...J87 7 "$3 !. 73 $7.73 272.3-7. 7 $7 ! ;7747$.. 7 7.2 7 7.--7! !3$ ! 7.7 77 Ford Motor Company | 2008 Annual Report 101 -
Page 104
Notes to the Financial Statements %6 -
Page 105
Notes to the Financial Statements %6 -
Page 106
Notes to the Financial Statements %6>K7 .7 237D@87B>>J87 !(-87 . 7!7$737 ;77 7 104 Ford Motor Company | 2008 Annual Report -
Page 107
Notes to the Financial Statements %6 -
Page 108
Notes to the Financial Statements %6 -
Page 109
Notes to the Financial Statements %6 -
Page 110
Notes to the Financial Statements %6 -
Page 111
Notes to the Financial Statements %6 -
Page 112
Notes to the Financial Statements %6 -
Page 113
Notes to the Financial Statements %6>K7.7237D@87B>>J7 . 7,...K87 7,7 7. 7 7-!.3!-! !72.!!7 7 $73.-.7 7-. 7 7! !$7 . ! ;7 6 Ford Motor Company | 2008 Annual Report 111 -
Page 114
Notes to the Financial Statements %6=;966&! %& )6%& !76"88!6%& !76%"6&!!&%& !76 6 )&!&%& !6, (6 6 ",8 8!-,6- 6 6 (+!+2+ ... 7.7 !$7 737 7!7! . %2 2 2+*677 7 112 Ford Motor Company | 2008 Annual Report -
Page 115
Notes to the Financial Statements %6=;966&! %& )6%& !76"88!6%& !76%"6&!!&%& !76 6 6, (6 7 '7B>>J87,7 2- 7 ... 7 7 . ! 7$ 7 7. ! 7 7/"R7 -7.7. !!. ! 7!7 7 . ! ;7 7 Ford Motor Company | 2008 Annual Report 113 -
Page 116
Notes to the Financial Statements %6=;966&! %& )6%& !76"88!6%& !76%"6&!!&%& !76 6 6, (6 2 # **2,!* 2 +2#2 -
Page 117
Notes to the Financial Statements %6=;966&! %& )6%& !76"88!6%& !76%"6&!!&%& !76 6 6, (6 6 6 666 66667 2 ...!7, $-7$- 7!7 7!$.7 7@IB72!--! 7 .7 7 $7 22 7" );777 7 Ford Motor Company | 2008 Annual Report 115 -
Page 118
Notes to the Financial Statements %6= -
Page 119
Notes to the Financial Statements %6==966&.%&.6& &6& !%) %!6 6"& 6%&.&%&!), () 6 & 16!-166 6 '- '6 6 &7 -- ,!7 .3-7$...VDPHLQFRPHVWDWHPHQWOLQHLWHPDVWKHKHGJHJDLQVORVVHV 6 Ford Motor Company | 2008 Annual Report 117 -
Page 120
Notes to the Financial Statements %6==966&.%&.6& &6& !%) %!6 6"& 6%&.&%&!), () 6 -,-6!66 6 '- ... 2 . %2 .7 -
Page 121
Notes to the Financial Statements %6=>966%& %6 &%!6 6 1, 6 16-6!-' 6,-6 6 47.(7 , 7!!.-7$.-!!7!73!...7.3 $ 7=G>>72!--! 7.7.7$ ! 7!7B>>I7.7 !717 7.3 $ 7=K>72!--! 7.$.--;7 6 6 Ford Motor Company | 2008 Annual Report 119 -
Page 122
Notes to the Financial Statements %6=>966%& %6 &%!6, () 7 !(7$$ 7@87B>>K87 7 2.9.!7... !7 !7.- 7.7 7 $7B>>M87,!7,7 !2. 7 7.(7.7 7(.-$7 7=@;G73!--! 7 .7 7$$ 7BM87B>>K;7 120 Ford Motor Company | 2008 Annual Report -
Page 123
Notes to the Financial Statements %6=>966%& %6 &%!6, () 7 $ !7 7 7 7 737 !3$ 7$$. 7 7 7 ... $7 7'2-2 . ! 7. ;77 7 7 7$.. 7 7,.. 7 7!( 2 7 $7 7 7. ;77 Ford Motor Company | 2008 Annual Report 121 -
Page 124
Notes to the Financial Statements %6=>966%& %6 &%!6, () 7 $. *.+ 2+2 -
Page 125
Notes to the Financial Statements %6=>966%& %6 &%!6, () 7 &72.$2 7. 7 7$3 . !.--7.--7 7 $7, -,!7 !2 73! ...3ODQV 863ODQV :RUOGZLGH23(% :RUOGZLGH23 ,QFOXGHV-DJXDU/DQG5RYHU Ford Motor Company | 2008 Annual Report 123 -
Page 126
Notes to the Financial Statements %6=>966%& %6 &%!6, () 7 &7.97 . $7 7 7-.7,.7.7 -- ... D([FOXGHV-DJXDU/DQG5RYHU E,QFOXGHV-DJXDU/DQG5RYHU 124 Ford Motor Company | 2008 Annual Report -
Page 127
Notes to the Financial Statements %6=>966%& %6 &%!6, () ) :HLJKWHG$YHUDJH$...3ODQV 1RQ863ODQV 863ODQV :RUOGZLGH23(% 7RWDO 7RWDO Ford Motor Company | 2008 Annual Report 125 -
Page 128
Notes to the Financial Statements %6=>966%& %6 &%!6, (2 2 .7 7$ 7.$2 ! 7.7$-. ! 87,7 7 71 7 7.(7.7-.-7$!2...72..7 7 -!$!! 7$ 7!7!-$7!7 7. !. 7. 7-.73.-.;7 7 126 Ford Motor Company | 2008 Annual Report -
Page 129
Notes to the Financial Statements %6=>966%& %6 &%!6, 7- 9 27 $7.$2 ! 7. 7.97B>>K7!7K;BG... $71 . ! 7 (7 71 7 ,-(72 7E/7. 7,!--737 .7 7 7 ,7*47 !7 #.- 7.7/7!7B>>M5;7 7 Ford Motor Company | 2008 Annual Report 127 -
Page 130
Notes to the Financial Statements %6=@966%& 6!"63!6 7 &7 !-!. ! 7 72 .7 -
Page 131
Notes to the Financial Statements %6=@966%& 6!"63!6, (6 1HWLQFRPHORVV ... 6 Ford Motor Company | 2008 Annual Report 129 -
Page 132
Notes to the Financial Statements %6=A96&6.)6!) %!6 7 &7 -- ,!7 .3-7$22.! 7 7.!7(.-$7 ... ಧ ಧ 130 Ford Motor Company | 2008 Annual Report -
Page 133
Notes to the Financial Statements %6=A96&6.)6!) %!6, () 7 &7 -- ,!7 .3-7 $22.! 7 7 .7 !7 (-7 D7 !.!.-7 ! $2 7 2.$7 . 7 .!7 (.-$7 7 ...RIDQGPLOOLRQIRUWKHIXOO\HDU 2 Ford Motor Company | 2008 Annual Report 131 -
Page 134
Notes to the Financial Statements %6=A96&6.)6!) %!6, (7 2 4!2 +!.62 2 .!7 . 7 .7 -!.3!-! !7 .7 2.$7 . 7 .!7 ...7! 2. ! 7 7- 7 !7 $ $.-7 .7 7 $72 7 !;77 7 132 Ford Motor Company | 2008 Annual Report -
Page 135
Notes to the Financial Statements %6=B966! %6& %& 6, ()) 6 7" $ 72!.72 7!-$7!2.!-7 7.-7 7 93.7(!-7.7-....87.-7 . 87.7 7!.!7.7-.!7 7 27/ -( 7(!-7!7$ ;7 7 6 Ford Motor Company | 2008 Annual Report 133 -
Page 136
Notes to the Financial Statements %6=B966! %6& %& 6, ()6 )RUG 1RUWK $PHULFD $PHULFD ... ಧ ಧ ಧ ಧ ಧ 134 Ford Motor Company | 2008 Annual Report -
Page 137
Notes to the Financial Statements %6=B966! %6& %& 6, 46 ,QPLOOLRQV...VHFWRU VLQWHUHVWLQFRPHLVUHFRUGHGDV)LQDQFLDO6HUYLFHVUHYHQXHV E ,QFOXGHVLQWHUVHFWRUWUDQVDFWLRQVRFFXUULQJLQWKHRUGLQDU\FRXUVHRIEXVLQHVV7 Ford Motor Company | 2008 Annual Report 135 -
Page 138
Notes to the Financial Statements %6=C966"&6& %& 66 6 &7 -- ,!7 .3-7!-$7! ... 136 Ford Motor Company | 2008 Annual Report -
Page 139
Notes to the Financial Statements %6=E966&% %!6 6 6 6 -6 11 166 6 47-.7-.873$!-!7.7$!2 7$7.2....1!2$27.2 $ 7 7 !.-7$ $7.2 7 . 7 $-7$- 7 27-.!272.7$7 7!2! !;777 Ford Motor Company | 2008 Annual Report 137 -
Page 140
Notes to the Financial Statements %6=E966&% %!6 6 7, () 7 3--66 6 '-$7!7 7,.. 7 7.$.-7.7 ...LDELOLWLHVVHWWOHG 5HYLVLRQVWRHVWLPDWHV RUHLJQFXUUHQF\WUDQVODWLRQ QGLQJEDODQFH 6 138 Ford Motor Company | 2008 Annual Report -
Page 141
Report of Independent Registered Public Accounting Firm 6 & 7 7 .7 7! 7.7" ) -77 7 7 2.O77 7 '7 $7 !! 87 7. 2.!7 ... 7 7 7 2.P7.7E!!!57 (!7. .3-7.$.7.!7( ! 7 7 !2-7 Ford Motor Company | 2008 Annual Report 139 -
Page 142
Report of Independent Registered Public Accounting Firm ! 7 7$.$ ! 7.$!! ! 87$87 7! ! ! 7 7 7 2.C7. 7 . 7... $72.7 ! . ;7 7 7 7 7 7 !,. $ 77 ! 87!!.7 3$.7BI87B>>M7 140 Ford Motor Company | 2008 Annual Report -
Page 143
Selected Financial Data &7 -- ,!7 .3-7 7 7- 7!.!.-7. .7 7.7 7 7-. 7!(7.7E --.7.2 $ 7!7 ...RI)RUG&UHGLWGHEWVHFXULWLHV6HH1RWHRIWKH1RWHVWRWKH)LQDQFLDO6WDWHPHQWVIRUDGGLWLRQDO GHWDLO Ford Motor Company | 2008 Annual Report 141 -
Page 144
Employment Data / Management's Report on Internal Control over Financial Reporting / NYSE Required Disclosure 1, 16--666 6 &7. 1!2. 7$237 7!!(!$.-72- 737$7.7 $7...7$!737 " ! 7D>B7 7 7".3.91-7 7 7B>>B;7 142 Ford Motor Company | 2008 Annual Report -
Page 145
... of dividends) Indexed Returns Base Period Dec. 2003 100 100 100 Years Ending Dec. 2004 94 111 79 Dec. 2005 52 116 41 Dec. 2006 52 135 67 Dec. 2007 47 142 56 Dec. 2008 16 90 7 Company / Index FORD MOTOR COMPANY S&P 500 INDEX GENERAL MOTORS CORPORATION Ford Motor Company | 2008 Annual Report 143 -
Page 146
..., holding, and selling Ford Common Stock. You can contact Computershare through the following methods: Ford Shareholder Services Group c/o Computershare Trust Company, N.A. P.O. Box 43087 Providence, Rhode Island 02940-3087 Telephone: (800) 279-1237 (U.S. and Canada) (781) 575-2732 (International... -
Page 147
...- New and remanufactured parts designed, engineered and recommended by Ford Motor Company and available in Ford, Lincoln and Mercury franchised dealerships, Ford authorized distributors and thousands of major retail and repair locations Genuine Ford Accessories - Wide variety of customer accessories... -
Page 148
Ford Motor Company One American Road Dearborn, Michigan 48126 www.ford.com Printed in U.S.A. 30% post-consumer waste paper. Please recycle.