A B 17,504 16,718 D 18,492 E 15,905 F 14,272 Cash and cash equivalents Marketable securities 17,147 17,233 20,435 22,922 20,904 45,137 53,651 54,353 52,210 46,266 9,237 11,195 10,599 11,102 11,042 Ford Credit finance receivables, net Trade and other receivables, less allowances Inventories Assets held for sale 10,786 11,220 10,277 8,898 8,319 2,383 Other assets 3,339 3,930 3,889 3,368 2,913 114,047 115,902 102,587 114,649 55,544 108,461 49,924 53,703 56,182 45,554 29,230 29,119 28,235 28,829 27,093 Current assets Ford Credit finance receivables, net Net investment in operating leases Net property Equity in net assets of affiliated companies Deferred income taxes 36,469 36,178 35,327 32,072 30,163 2,519 2,709 3,085 3,304 3,224 11,863 10,412 10,973 9,705 11,509 Other assets 10,706 7,929 8,104 5,656 4,795 Non-current assets 144,490 141,891 256,540 141,906 257,808 129,490 237,951 122,338 224,925 Total assets 258,537 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 20,673 21,520 23,282 21,296 20,272 Payables Dealer and dealers' customer allowances and claims 13,113 11,369 10,902 9,542 8,122 Deferred revenue 2,091 2,095 2,107 3,866 4,675 1,857 1,755 1,469 1,562 Employee benefit plans Accrued interest 1,661 1,057 1,128 988 974 840 OPEB 332 339 348 349 354 Pension 185 204 229 247 249 367 3,914 3,806 3,393 2,869 3,287 22,987 20,556 19,697 19,316 19,089 Current operating lease liabilities Other Current other liabilities and deferred revenue Automotive debt payable within one year Ford Credit debt payable within one year Other debt payable within one year Liabilities held for sale 1,445 2,314 3,356 2,685 1,779 52,371 51,179 48,265 46,984 41,196 130 526 Aran ann Current liabilities 98,132 94,600 90,281 82,336 Pension 9,878 9,932 10,150 9,543 OPEB 95,569 9,423 5,220 2,497 5,740 5,821 5,516 5,347 1,921 2,471 2,564 2,731 3,985 3,829 3,687 3,285 4,191 1,047 1,080 1,139 1,063 1,041 Dealer and dealers' customer allowances and claims Deferred revenue Non-current operating lease liabilities Employee benefit plans Other Non-current other liabilities and deferred revenue Automotive long-term debt payable after one year Ford Credit long-term debt payable after one year Other long-term debt payable after one year Deferred income taxes 1,383 1,519 1,415 1,510 1,104 1,443 25,324 13,233 23,588 24,711 24,395 23,457 11,233 12,575 13,222 11,060 87,658 88,887 89,492 80,079 78,819 470 600 599 490 597 815 691 502 124,905 Non-current liabilities Total liabilities nadomat Dadoomohlo nonnontonline interact 127,175 225,307 128,192 222,792 118,387 208,668 113,838 196,174 220,474 no A B 12 months ended: Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Automotive revenues 143,599 148,294 145,653 141,546 140,566 Cost of sales (134,693) (136,269) (131,332) (126,183) (124,446) Gross profit 8,906 12,025 14,321 15,363 16,120 Ford Credit revenues 12,260 12,018 11,113 10,253 8,992 41 (11,161) 26 (11,403) 10 (11,527) 1 (10,972) (10,763) Mobility revenues Selling, administrative, and other expenses Ford Credit interest, operating, and other expenses 2 (9,472) (9,463) (9,104) (8,904) (7,368) 13 Operating income 574 3,203 4,813 5,741 6,981 14 Interest expense on Automotive debt (963) (1,171) (1,133) (894) (773) 15 Interest expense on Other debt (57) (57) 16 (1,020) (1,228) (1,133) (894) (773) Interest expense Net periodic pension and OPEB income Icoct) vcluding cervice cost (1 621 78A 1757 (1 6251 GAA Balance Sheet Assets BalanceSheet Liabilities Equity Income Statement Complncome Cash FlowStatement A B D E F (1,020) (1,228) (1,133) (894) (773) Interest expense Net periodic pension and OPEB income (cost), excluding service cost (1,602 786 1,757 (1,625) 666 Investment-related interest income 809 667 459 291 309 (29) 33 2 3 3 Interest income (expense) on income taxes Realized and unrealized gains (losses) on cash equivalents, marketable securities, and other investments Gains (losses) on changes in investments in affiliates 144 115 (23) 46 N 20 42 14 139 42 2 Gains (losses) on extinguishment of debt (55) 1 23 Royalty income 381 491 678 714 666 24 Insurance premiums earned 156 133 25 Other 106 113 380 489 360 26 Other income (loss), net (226) 2,247 3,267 169 2,226 -------- 470 44 BalanceSheet Assets BalanceSheet Liabilities Equity Income Statement Complncome Cash FlowStatement 12 months ended: Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Automotive revenues 143,599 148,294 145,653 141,546 140,566 Cost of sales (134,693) (136,269) (131,332) (126,183) (124,446) 8 Gross profit 8,906 12,025 14,321 15,363 16,120 9 Ford Credit revenues 12,260 12,018 11,113 10,253 8,992 10 41 (11,161) 26 (11,403) 10 (11,527) 1 (10,972) 11 (10,763) Mobility revenues Selling, administrative, and other expenses Ford Credit interest, operating, and other expenses 12 (9,472) (9,463) (9,104) (8,904) (7,368) 13 Operating income 574 3,203 4,813 5,741 6,981 14 Interest expense on Automotive debt (963) (1,171) (1,133) (894) (773) 15 Interest expense on Other debt (57) (57) 16 (1,020) (1,228) (1,133) (894) (773) Interest expense Net periodic pension and OPEB income Icoctavcluding cervice cnct (1 6n2 79A 1 757 1162511 GAA affiliates 20 42 14 139 42 Gains (losses) on extinguishment of debt (55) 1 Royalty income 381 491 678 714 666 Insurance premiums earned 156 133 Other 106 113 380 489 360 (226 2,247 3,267 169 2,226 Other income (loss), net Equity in net income of affiliated companies 32 123 1,201 1,780 1,818 Income (loss) before income taxes (640) 4,345 8,148 6,796 10,252 (Provision for) benefit from income taxes 724 (650 (520) (2,189) (2881) 84 3,695 7,628 4,607 7,371 Net income (Income) loss attributable to noncontrolling interests Net income attributable to Ford Motor Company (37) (18) (26) (11) 2. 47 3,677 7,602 4,596 7,373 Vet income 84 3,695 7,628 4,607 7,371 Foreign currency translation 174 (523) 314 (1,024) (1,132) Marketable securities 130 (11) (34) (8) (6) Derivative instruments (689) 183 (265) 219 227 Pension and other postretirement benefits 23 (56) 37 56 (81) Other comprehensive income (loss), net of tax (362) (407) 52 (757) (992) (278) 3,288 7,680 3,850 6,379 Comprehensive income (loss) Comprehensive (income) loss attributable to noncontrolling interests Comprehensive income (loss) attributable to Ford Motor Company (37) (18) (24) (10) 2 (315) 3,270 7,656 3,840 6,381 Dec 31, 2019 84 9,689 (1,199) 804 Dec 31, 2018 3,695 9,280 (972) Dec 31, 2017 7,628 9,122 (669) Dec 31, 2016 4,607 9,023 (306) Dec 31, 2015 7,371 7,993 (27) 413 609 717 672 418 2,625 400 12 months ended: Vet income Depreciation and tooling amortization Other amortization Held-for-sale impairment charges Provision for credit and insurance losses Pension and other postretirement employee benefits (OPEB) expense (income) Equity investment (earnings) losses in excess of dividends received Foreign currency adjustments Net (gain) loss on changes in investments in affiliates Stock compensation Provision for deferred income taxes (Increase) decrease in finance receivables (wholesale and other) (608) 2,667 511 203 206 240 (54) (29) 228 (1,370) 529 (42) 191 (197) (403) (7) 246 (232) (178) 283 (139) 210 1,478 (333) 710 (42) 199 2,120 1,554 (2,408) (836) (1,449) (5,090) (Increase) decrease in accounts receivable and other assets (Increase) decrease in inventory LI (816) 206 (2,239) (828) (2,297) (959) (2,855) (815) (3,563) (1,155) PalancoShoot crotc Balancshoot liabilities Fauty Income Statement Cannincome Cash FlowStatement A B D E F 206 (828) (959) (815) (1,155) 3 (Increase) decrease in inventory Increase (decrease) in accounts payable and accrued and other liabilities Cash changes in operating assets and liabilities Other Net cash provided by operating activities Capital spending Acquisitions of finance receivables and operating leases 5 Collections of finance receivables and operating leases 7 Purchases of marketable securities and other investments 8 Sales and maturities of marketable and other investments 9 Settlements of derivatives 50 Other 31 Net cash used in investing activities Cash payments for dividends and dividend equivalents 33 Purchases of common stock 34 Net changes in short-term debt 35 Proceeds from issuance of long-term debt 36 Principal payments on long-term debt 5,260 6,204 41 17,639 (7,632) (55,576) 50,182 (17,472) 16,929 (114) (38) (13,721) (2,389) (237) (1,384) 47,604 (46,497) 6,781 1,306 17 15,022 (7,785) (62,924) 50,880 (17,140) 20,527 358 (177) (16,261) (2,905) (164) (2,819) 50,130 (44,172) 6,089 1,997 65 18,096 (7,049) (59,354) 44,641 (27,567) 29,898 100 (61) (19,392) (2,584) (131) 1,229 45,801 (40,770) 6,595 1,476 (1) 19,792 (6,992) (56,007) 38,834 (31,428) 29,354 825 7,758 (2,050) (700) 16,170 (7,196) (57,217) 38,130 (41,279) 40,766 134 500 (26,162) (2,380) (129) 1,646 48,860 (33,358) 62 32 (25,352) (3,376) (145) 3,864 45,961 (38,797) Balance Sheet Assets Balance Sheet Liabilities Equity Income Statement Complncome Cash FlowStatement F B vC Sales and maturities of marketable and other investments Settlements of derivatives Other Net cash used in Investing activities Cash payments for dividends and dividend equivalents Purchases of common stock Net changes in short-term debt Proceeds from issuance of long-term debt Principal payments on long-term debt Other Net cash provided by (used in) financing activities Effect of exchange rate changes on cash, cash equivalents, and restricted cash Net increase (decrease) in cash, cash equivalents, and restricted cash Cash, cash equivalents, and restricted cash at beginning of period 16,929 (114) (38) (13,721) (2,389) (237) (1,384) 47,604 (46,497) (226) (3,129) C LITT 20,527 358 (177) (16,261) (2,905) (164) (2,819) 50,130 (44,172) (192) (122) D TZITUTT 29,898 100 (61) (19,392) (2,584) (131) 1,229 45,801 (40,770) (151) 3,394 E PIZOJ 29,354 825 62 (25,352) (3,376) (145) 3,864 45,961 (38,797) (49) 7,458 40,766 134 500 (26,162) (2,380) (129) 1,646 48,860 (33,358) (317) 14,322 45 (370) 489 (265) (815) 834 (1,731) 2,587 1,633 3,515 16,907 18,638 15,905 14,272 10,757 Cash, cash equivalents, and restricted cash at end of period 17,741 16,907 18,492 15,905 14,272 Balance Sheet Assets BalanceSheet Liabilities Equity Income Statement Complncome Cash FlowStatement Workbook Statistics Calculate the following ratios Cash turnover Gross profit Gross profit index Net profit margin