Ford 2014 Annual Report Download - page 111

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FORD MOTOR COMPANY AND SUBSIDIARIES
SECTOR BALANCE SHEET (in millions)
December 31,
2014
December 31,
2013
ASSETS
Automotive
Cash and cash equivalents $ 4,567 $ 4,959
Marketable securities 17,135 20,157
Total cash and marketable securities 21,702 25,116
Receivables, less allowances of $455 and $132 5,789 5,641
Inventories (Note 8) 7,866 7,708
Deferred income taxes 2,039 1,574
Net investment in operating leases (Note 6) 1,699 1,384
Other current assets 1,347 1,034
Total current assets 40,442 42,457
Equity in net assets of affiliated companies (Note 9) 3,216 3,546
Net property (Note 10) 29,795 27,492
Deferred income taxes 13,331 13,436
Other assets 2,798 2,824
Non-current receivable from Financial Services (Note 1) 497 724
Total Automotive assets 90,079 90,479
Financial Services
Cash and cash equivalents 6,190 9,509
Marketable securities 3,258 1,943
Finance receivables, net (Note 5) 86,141 80,816
Net investment in operating leases (Note 6) 21,518 18,600
Equity in net assets of affiliated companies (Note 9) 141 133
Other assets 3,613 3,149
Receivable from Automotive (Note 1) 527 907
Total Financial Services assets 121,388 115,057
Intersector elimination (1,024) (1,631)
Total assets $ 210,443 $ 203,905
LIABILITIES
Automotive
Payables $ 18,876 $ 18,035
Other liabilities and deferred revenue (Note 11) 17,934 16,537
Deferred income taxes 270 267
Debt payable within one year (Note 13) 2,501 1,257
Current payable to Financial Services (Note 1) 527 907
Total current liabilities 40,108 37,003
Long-term debt (Note 13) 11,323 14,426
Other liabilities and deferred revenue (Note 11) 23,793 22,089
Deferred income taxes 367 430
Total Automotive liabilities 75,591 73,948
Financial Services
Payables 1,159 1,496
Debt (Note 13) 105,347 99,005
Deferred income taxes 1,849 1,627
Other liabilities and deferred revenue (Note 11) 1,850 2,260
Payable to Automotive (Note 1) 497 724
Total Financial Services liabilities 110,702 105,112
Intersector elimination (1,024) (1,631)
Total liabilities 185,269 177,429
Redeemable noncontrolling interest (Note 14) 342 331
EQUITY
Capital stock (Note 23)
Common Stock, par value $.01 per share (3,938 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 21,089 21,422
Retained earnings 24,556 23,386
Accumulated other comprehensive income/(loss) (Note 17) (20,032) (18,230)
Treasury stock (Note 23) (848) (506)
Total equity attributable to Ford Motor Company 24,805 26,112
Equity attributable to noncontrolling interests 27 33
Total equity 24,832 26,145
Total liabilities and equity $ 210,443 $ 203,905
The accompanying notes are part of the financial statements.
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