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68 Ford Motor Company | 2013 Annual Report
FORD MOTOR COMPANY AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEET
(in millions)
December 31,
2013
December 31,
2012
ASSETS
Cash and cash equivalents $ 14,468 $ 15,659
Marketable securities 22,100 20,284
Finance receivables, net (Note 6) 77,481 70,991
Other receivables, net 9,828 10,878
Net investment in operating leases (Note 7) 19,984 15,303
Inventories (Note 9) 7,708 7,362
Equity in net assets of affiliated companies (Note 10) 3,679 3,246
Net property (Note 12) 27,616 24,942
Deferred income taxes (Note 22) 13,315 15,185
Other assets 5,847 5,556
Total assets $202,026 $189,406
LIABILITIES
Payables $ 19,531 $ 19,308
Other liabilities and deferred revenue (Note 13) 40,462 48,259
Debt (Note 15) 114,688 105,058
Deferred income taxes (Note 22) 598 470
Total liabilities 175,279 173,095
Redeemable noncontrolling interest (Note 17) 331 322
EQUITY
Capital stock (Note 24)
Common Stock, par value $.01 per share (3,913 million shares issued of 6 billion authorized) 39 39
Class B Stock, par value $.01 per share (71 million shares issued of 530 million authorized) 1 1
Capital in excess of par value of stock 21,422 20,976
Retained earnings 23,658 18,077
Accumulated other comprehensive income/(loss) (Note 18) (18,231) (22,854)
Treasury stock (506) (292)
Total equity attributable to Ford Motor Company 26,383 15,947
Equity attributable to noncontrolling interests 33 42
Total equity 26,416 15,989
Total liabilities and equity $202,026 $189,406
The following table includes assets to be used to settle liabilities of the consolidated variable interest entities (“VIEs”). These assets and liabilities are
included in the consolidated balance sheet above. See Note 11 for additional information on our VIEs.
December 31,
2013
December 31,
2012
ASSETS
Cash and cash equivalents $ 4,198 $ 2,911
Finance receivables, net 45,796 47,515
Net investment in operating leases 8,116 6,308
Other assets 5 4
LIABILITIES
Other liabilities and deferred revenue $ 88 $ 134
Debt 40,728 40,245
The accompanying notes are part of the financial statements.