Ford 2013 Annual Report Download - page 139

Download and view the complete annual report

Please find page 139 of the 2013 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.

Page out of 152

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152

Ford Motor Company | 2013 Annual Report 137
FORD MOTOR COMPANY AND SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS
NOTE 25. OPERATING CASH FLOWS
The reconciliation of Net income attributable to Ford Motor Company to Net cash provided by/(used in) operating
activities for the years ended December 31 was as follows (in millions):
2013
Automotive
Financial
Services Total (a)
Net income attributable to Ford Motor Company $ 5,755 $1,400 $ 7,155
Depreciation and tooling amortization 4,064 2,440 6,504
Other amortization 110 (158)(48)
Provision for credit and insurance losses 2 208 210
Net (gain)/loss on extinguishment of debt 18 119
Net (gain)/loss on investment securities (190) — (190)
Loss on retiree lump-sum settlements 594 —594
Equity investment earnings in excess of dividends received (529) — (529)
Foreign currency adjustments 227 1 228
Net (gain)/loss on changes in investments in affiliates 113 —113
Stock compensation 152 7 159
Provision for deferred income taxes (494)(367) (861)
Decrease/(Increase) in intersector receivables/payables (136)136 —
Decrease/(Increase) in accounts receivable and other assets (1,401) (568)(1,969)
Decrease/(Increase) in inventory (572) — (572)
Increase/(Decrease) in accounts payable and other liabilities (1,332) 737 (595)
Other 1,357 (485)872
Net cash provided by/(used in) operating activities $ 7,738 $3,352 $ 11,090
2012
Automotive
Financial
Services Total (a)
Net income attributable to Ford Motor Company $ 4,466 $1,199 $ 5,665
Depreciation and tooling amortization 3,655 1,831 5,486
Other amortization 43 (325) (282)
Provision for credit and insurance losses 6 77 83
Net (gain)/loss on extinguishment of debt — 14 14
Net (gain)/loss on investment securities (89)(16) (105)
Dividends in excess of equity investment earnings 20 — 20
Foreign currency adjustments (121)5(116)
Net (gain)/loss on sale of businesses 183 4 187
Gain on changes in investments in affiliates (780) — (780)
Stock compensation 134 6 140
Provision for deferred income taxes 1,444 545 1,989
Decrease/(Increase) in intersector receivables/payables 899 (899) —
Decrease/(Increase) in accounts receivable and other assets (2,335) (162)(2,497)
Decrease/(Increase) in inventory (1,401) — (1,401)
Increase/(Decrease) in accounts payable and other liabilities (520)(34) (554)
Other 662 (202)460
Net cash provided by/(used in) operating activities $ 6,266 $2,043 $ 8,309
_________
(a) See Note 1 for a reconciliation of the sum of the sector net cash provided by/(used in) operating activities to the consolidated net cash provided by/
(used in) operating activities.
For more information visit www.annualreport.ford.com