Ford 2013 Annual Report Download - page 71

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Ford Motor Company | 2013 Annual Report 69
FORD MOTOR COMPANY AND SUBSIDIARIES
SECTOR BALANCE SHEET (in millions)
December 31,
2013
December 31,
2012
ASSETS
Automotive
Cash and cash equivalents $ 4,959 $ 6,247
Marketable securities 20,157 18,178
Total cash and marketable securities 25,116 24,425
Receivables, less allowances of $132 and $115 5,641 5,361
Inventories (Note 9) 7,708 7,362
Deferred income taxes 1,574 3,488
Net investment in operating leases (Note 7) 1,384 1,415
Other current assets 1,034 1,124
Total current assets 42,457 43,175
Equity in net assets of affiliated companies (Note 10) 3,546 3,112
Net property (Note 12) 27,492 24,813
Deferred income taxes 13,283 13,325
Other assets 2,824 2,033
Non-current receivable from Financial Services (Note 1) 724 —
Total Automotive assets 90,326 86,458
Financial Services
Cash and cash equivalents 9,509 9,412
Marketable securities 1,943 2,106
Finance receivables, net (Note 6) 80,816 75,770
Net investment in operating leases (Note 7) 18,600 13,888
Equity in net assets of affiliated companies (Note 10) 133 134
Other assets 3,149 3,450
Receivable from Automotive (Note 1) 907 252
Total Financial Services assets 115,057 105,012
Intersector elimination (1,631) (252)
Total assets $ 203,752 $ 191,218
LIABILITIES
Automotive
Payables $ 18,035 $ 18,151
Other liabilities and deferred revenue (Note 13) 16,537 15,358
Deferred income taxes 267 81
Debt payable within one year (Note 15) 1,257 1,386
Current payable to Financial Services (Note 1) 907 252
Total current liabilities 37,003 35,228
Long-term debt (Note 15) 14,426 12,870
Other liabilities and deferred revenue (Note 13) 21,665 30,549
Deferred income taxes 430 514
Total Automotive liabilities 73,524 79,161
Financial Services
Payables 1,496 1,157
Debt (Note 15) 99,005 90,802
Deferred income taxes 1,627 1,687
Other liabilities and deferred income (Note 13) 2,260 2,352
Payable to Automotive (Note 1) 724 —
Total Financial Services liabilities 105,112 95,998
Intersector elimination (1,631) (252)
Total liabilities 177,005 174,907
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 $ 203,752 $ 191,218
The accompanying notes are part of the financial statements.
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