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76 Ford Motor Company | 2013 Annual Report
FORD MOTOR COMPANY AND SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS
NOTE 1. PRESENTATION (Continued)
Sector to Consolidated Cash Flow. We present certain cash flows from wholesale and other receivables, interest
supplements and residual support, and the acquisition of intersector debt differently on our sector and consolidated
statements of cash flows. The reconciliation between totals for the sector and consolidated cash flows for the years
ended December 31 was as follows (in millions):
2013 2012 2011
Automotive net cash provided by/(used in) operating activities $ 7,738 $6,266 $ 9,368
Financial Services net cash provided by/(used in) operating activities 3,352 2,043 418
Total sector net cash provided by/(used in) operating activities (Note 25) 11,090 8,309 9,786
Reclassifications from investing to operating cash flows
Purchases/Collections of wholesale receivables (a) (2,971) (1,235)(2,010)
Purchases/Collections of other receivables (b) (73) 57 21
Payments of interest supplements and residual support (c) 2,398 1,914 1,987
Consolidated net cash provided by/(used in) operating activities $ 10,444 $9,045 $ 9,784
Automotive net cash provided by/(used in) investing activities $ (8,111) $ (8,024) $ (1,541)
Financial Services net cash provided by/(used in) investing activities (11,821) (4,404) 1,401
Total sector net cash provided by/(used in) investing activities (19,932) (12,428) (140)
Reclassifications from investing to operating cash flows
Purchases/Collections of wholesale receivables (a) 2,971 1,235 2,010
Purchases/Collections of other receivables (b) 73 (57)(21)
Payments of interest supplements and residual support (c) (2,398) (1,914)(1,987)
Reclassifications from investing to financing cash flows
Maturity of Financial Services sector debt held by Automotive sector (d) — (201) —
Elimination of investing activity to/(from) Financial Services in consolidation (445)(925)(2,903)
Consolidated net cash provided by/(used in) investing activities $ (19,731) $ (14,290) $ (3,041)
Automotive net cash provided by/(used in) financing activities $ (822) $ 40 $ (5,932)
Financial Services net cash provided by/(used in) financing activities 8,510 2,539 (1,212)
Total sector net cash provided by/(used in) financing activities 7,688 2,579 (7,144)
Reclassifications from investing to financing cash flows
Maturity of Financial Services sector debt held by Automotive sector (d) — 201 —
Elimination of investing activity to/(from) Financial Services in consolidation 445 925 2,903
Consolidated net cash provided by/(used in) financing activities $ 8,133 $3,705 $(4,241)
__________
(a) In addition to the cash flow from vehicles sold by us, the cash flow from wholesale finance receivables (being reclassified from investing to
operating) includes dealer financing by Ford Credit of used and non-Ford vehicles. One hundred percent of cash flows from these wholesale
finance receivables have been reclassified for consolidated presentation as the portion of these cash flows from used and non-Ford vehicles is
impracticable to separate.
(b) Includes cash flows of other receivables purchased/collected by the Financial Services sector from certain divisions and subsidiaries of the
Automotive sector.
(c) Payments from Automotive sector to Ford Credit on behalf of the retail customer that represent interest supplements and residual support.
(d) Cash inflows related to these transactions are reported as financing activities on the consolidated statement of cash flows and investing activities
on the sector statement of cash flows.