XML 149 R63.htm IDEA: XBRL DOCUMENT v2.4.0.6
Operating Cash Flows (Tables)
 12 Months Ended
Dec. 31, 2011
OPERATING CASH FLOWS [Abstract]  
Schedule of operating cash flows [Table Text Block]
The reconciliation of Net income/(loss) attributable to Ford Motor Company to Net cash (used in)/provided by operating activities for the years ended December 31 was as follows (in millions):
 
2011
 
Automotive
 
Financial Services
 
Total (a)
Net income/(loss) attributable to Ford Motor Company
$
18,447

 
$
1,766

 
$
20,213

Depreciation and special tools amortization
3,533

 
1,843

 
5,376

Other amortization
80

 
(1,200
)
 
(1,120
)
Provision for credit and insurance losses
—

 
(33
)
 
(33
)
Net (gain)/loss on extinguishment of debt
60

 
68

 
128

Net (gain)/loss on investment securities
76

 
6

 
82

Net losses/(earnings) from equity investments in excess of dividends received
(169
)
 
—

 
(169
)
Foreign currency adjustments
(35
)
 
(2
)
 
(37
)
Net (gain)/loss on sale of businesses
(410
)
 
(11
)
 
(421
)
Stock compensation
163

 
8

 
171

Cash changes in operating assets and liabilities were as follows:
 

 
 

 
 

Provision for deferred income taxes
(11,566
)
 
495

 
(11,071
)
Decrease/(Increase) in intersector receivables/payables
642

 
(642
)
 
—

Decrease/(Increase) in accounts receivable and other assets
(1,649
)
 
722

 
(927
)
Decrease/(Increase) in inventory
(367
)
 
—

 
(367
)
Increase/(Decrease) in accounts payable and accrued and other liabilities
(230
)
 
(450
)
 
(680
)
Other
793

 
(165
)
 
628

Net cash (used in)/provided by operating activities
$
9,368

 
$
2,405

 
$
11,773


 
2010
 
Automotive
 
Financial Services
 
Total (a)
Net income/(loss) attributable to Ford Motor Company
$
4,690

 
$
1,871

 
$
6,561

Depreciation and special tools amortization
3,876

 
2,024

 
5,900

Other amortization
703

 
(1,019
)
 
(316
)
Provision for credit and insurance losses
—

 
(216
)
 
(216
)
Net (gain)/loss on extinguishment of debt
844

 
139

 
983

Net (gain)/loss on investment securities
(102
)
 
19

 
(83
)
Net (gain)/loss on pension and OPEB curtailment
(29
)
 
—

 
(29
)
Net losses/(earnings) from equity investments in excess of dividends received
(198
)
 
—

 
(198
)
Foreign currency adjustments
(347
)
 
(1
)
 
(348
)
Net (gain)/loss on sale of businesses
23

 
(5
)
 
18

Stock option expense
32

 
2

 
34

Cash changes in operating assets and liabilities were as follows:
 

 
 

 
 

Provision for deferred income taxes
300

 
(266
)
 
34

Decrease/(Increase) in intersector receivables/payables
321

 
(321
)
 
—

Decrease/(Increase) in accounts receivable and other assets
(918
)
 
1,683

 
765

Decrease/(Increase) in inventory
(903
)
 
—

 
(903
)
Increase/(Decrease) in accounts payable and accrued and other liabilities
(1,179
)
 
475

 
(704
)
Other
(750
)
 
(587
)
 
(1,337
)
Net cash (used in)/provided by operating activities
$
6,363

 
$
3,798

 
$
10,161

_________
(a)
See Note 1 for a reconciliation of the sum of the sector net cash (used in)/provided by operating activities to the consolidated net cash (used in)/provided by operating activities.



NOTE 26.  OPERATING CASH FLOWS (Continued)
 
2009
 
Automotive
 
Financial Services
 
Total (a)
Net income/(loss) attributable to Ford Motor Company
$
1,563

 
$
1,154

 
$
2,717

(Income)/Loss of discontinued operations
(3
)
 
(2
)
 
(5
)
Depreciation and special tools amortization
3,743

 
3,924

 
7,667

Other amortization
174

 
(1,261
)
 
(1,087
)
Impairment charges
157

 
154

 
311

Held-for-sale impairment
650

 
—

 
650

Provision for credit and insurance losses
—

 
1,030

 
1,030

Net (gain)/loss on extinguishment of debt
(4,666
)
 
(71
)
 
(4,737
)
Net (gain)/loss on investment securities
(385
)
 
(25
)
 
(410
)
Net (gain)/loss on pension and OPEB curtailment
(4
)
 
—

 
(4
)
Net (gain)/loss on settlement of U.S. hourly retiree health care obligation
248

 
—

 
248

Net losses/(earnings) from equity investments in excess of dividends received
(38
)
 
(7
)
 
(45
)
Foreign currency adjustments
415

 
(323
)
 
92

Net (gain)/loss on sale of businesses
29

 
4

 
33

Stock option expense
27

 
2

 
29

Cash changes in operating assets and liabilities were as follows:
 

 
 

 
 

Provision for deferred income taxes
590

 
(1,336
)
 
(746
)
Decrease/(Increase) in intersector receivables/payables
(598
)
 
598

 
—

Decrease/(Increase) in equity method investments
74

 
—

 
74

Decrease/(Increase) in accounts receivable and other assets
407

 
2,205

 
2,612

Decrease/(Increase) in inventory
2,201

 
—

 
2,201

Increase/(Decrease) in accounts payable and accrued and other liabilities
(1,838
)
 
(994
)
 
(2,832
)
Other
128

 
753

 
881

Net cash (used in)/provided by operating activities
$
2,874

 
$
5,805

 
$
8,679

_________
(a)
See Note 1 for a reconciliation of the sum of the sector net cash (used in)/provided by operating activities to the consolidated net cash (used in)/provided by operating activities.
Supplementary cash flow disclosures [Table Text Block]
Cash paid/(received) for interest and income taxes for continuing operations for the years ended December 31 was as follows (in millions):
 
2011
 
2010
 
2009
Interest
 
 
 
 
 
Automotive sector
$
1,059

 
$
1,336

 
$
1,302

Financial Services sector
3,348

 
4,018

 
5,572

Total interest paid
$
4,407

 
$
5,354

 
$
6,874

Income taxes
$
268

 
$
73

 
$
(764
)