XML 89 R26.htm IDEA: XBRL DOCUMENT v3.3.0.814
Segment Information (Notes)
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION

Our operating activity consists of two operating sectors, Automotive and Financial Services.  Our Automotive sector includes the sale of Ford and Lincoln brand vehicles and related service parts and accessories. The Financial Services sector primarily includes our vehicle-related financing and leasing activities at Ford Credit.

Prior to January 1, 2015, we had an Other Financial Services segment, which included holding companies, real estate, and financing of some Volvo vehicles in Europe. Effective January 1, 2015, we realigned the business operations of this segment to our Automotive sector on a prospective basis. The impact of this change on prior periods presented would have been immaterial.

NOTE 19. SEGMENT INFORMATION (Continued)

Key operating data for our business segments for the periods ended or at September 30 were as follows (in millions):

 
Automotive Sector
 
Operating Segments
Reconciling Items
 
 

 
 North
America
 
 South
America
 

Europe
 
Middle East & Africa
 
 Asia
Pacific
 
Other
Automotive
 
Special
Items
 
Total
Third Quarter 2015
 

 
 

 
 

 
 
 
 

 
 

 
 

 
 

Revenues
$
23,663

 
$
1,582

 
$
6,998

 
$
930

 
$
2,645

 
$

 
$

 
$
35,818

Income/(Loss) before income taxes
2,670

 
(163
)
 
(182
)
 
(15
)
 
20

 
(163
)
 
166

 
2,333

Total assets at September 30
62,349

 
4,707

 
15,345

 
1,297

 
9,028

 

 

 
92,726

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Third Quarter 2014
 

 
 

 
 

 
 
 
 

 
 

 
 

 
 

Revenues
$
19,942

 
$
2,335

 
$
6,844

 
$
1,077

 
$
2,581

 
$

 
$

 
$
32,779

Income/(Loss) before income taxes
1,410

 
(170
)
 
(439
)
 
(15
)
 
44

 
(144
)
 
(160
)
 
526

Total assets at September 30
60,158

 
6,710

 
15,079

 
1,258

 
8,068

 

 

 
91,273


 
Automotive Sector
 
Operating Segments
Reconciling Items
 
 

 
 North
America
 
 South
America
 

Europe
 
Middle East & Africa
 
 Asia
Pacific
 
Other
Automotive
 
Special
Items
 
Total
First Nine Months 2015
 

 
 

 
 

 
 
 
 

 
 

 
 

 
 

Revenues
$
67,019

 
$
4,589

 
$
20,859

 
$
2,891

 
$
7,365

 
$

 
$

 
$
102,723

Income/(Loss) before income taxes
6,607

 
(537
)
 
(381
)
 
18

 
315

 
(542
)
 
166

 
5,646

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
First Nine Months 2014
 

 
 

 
 

 
 
 
 

 
 

 
 

 
 

Revenues
$
61,495

 
$
6,337

 
$
22,680

 
$
3,404

 
$
8,104

 
$

 
$

 
$
102,020

Income/(Loss) before income taxes
5,350

 
(975
)
 
(619
)
 
62

 
494

 
(537
)
 
(763
)
 
3,012



NOTE 19. SEGMENT INFORMATION (Continued)

 
Financial Services Sector
 
Company
 
Operating Segment
 
Reconciling Items
 
 
 
 
 
 
 
Ford
Credit
 
Other
 
Elims
 
Total
 
Elims (a)
 
Total
Third Quarter 2015
 
 
 
 
 
 
 
 
 
 
 

Revenues
$
2,368

 
$

 
$
(42
)
 
$
2,326

 
$

 
$
38,144

Income/(Loss) before income taxes
541

 
(14
)
 
(1
)
 
526

 

 
2,859

Total assets at September 30
131,490

 
2

 
(866
)
 
130,626

 
(3,921
)
 
219,431

 
 
 
 
 
 
 
 
 
 
 
 
Third Quarter 2014
 

 
 

 
 

 
 

 
 

 
 

Revenues
$
2,214

 
$
37

 
$
(110
)
 
$
2,141

 
$

 
$
34,920

Income/(Loss) before income taxes
498

 
(3
)
 

 
495

 

 
1,021

Total assets at September 30
121,216

 
391

 
(1,135
)
 
120,472

 
(2,910
)
 
208,835


 
Financial Services Sector
 
Company
 
Operating Segment
 
Reconciling Items
 
 
 
 
 
 
 
Ford
Credit
 
Other
 
Elims
 
Total
 
Elims (a)
 
Total
First Nine Months 2015
 
 
 
 
 
 
 
 
 
 
 

Revenues
$
6,822

 
$

 
$
(238
)
 
$
6,584

 
$

 
$
109,307

Income/(Loss) before income taxes
1,530

 
(43
)
 
(1
)
 
1,486

 

 
7,132

 
 
 
 
 
 
 
 
 
 
 
 
First Nine Months 2014
 

 
 

 
 

 
 

 
 

 
 

Revenues
$
6,427

 
$
105

 
$
(345
)
 
$
6,187

 
$

 
$
108,207

Income/(Loss) before income taxes
1,431

 
(45
)
 

 
1,386

 

 
4,398

__________
(a)
Includes intersector transactions occurring in the ordinary course of business and deferred tax netting.