Automatic Data Processing (ADP) CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions Dec. 31, 2016 Dec. 31, 2015 ASSETS Cash and cash equivalents $15,905 $14,272 Marketable securities 22,922 20,904 Financial Services finance receivables, net 46,266 45,137 Financial Services finance receivables, net 96,190 90,691 Trade and other receivables, less allowances of $372 and $392 11,102 11,042 Inventories 8,898 8,319 Other assets 3,368 2,913 Total current assets 108,461 102,587 Financial Services finance receivables, net 49,924 45,554 Net investment in operating leases 28,829 27,093 Net property Equity in net assets of affiliated companies Deferred income taxes Other assets 32,072 30,163 3,304 3,224 9,705 11,509 5,656 4,795 Total assets 237,951 224,925 Total assets 237,951 224,925 LIABILITIES Payables 21,296 20,272 Other liabilities and deferred revenue 19,316 19,089 Total current liabilities 90,281 82,336 Other liabilities and deferred revenue 24,395 23,457 Debt 142,970 132,854 Deferred income taxes 691 502 Total liabilities 208,668 196,174 Redeemable noncontrolling interest 96 94 EQUITY Capital in excess of par value of stock 21,630 21,421 Retained earnings 15,634 14,414 Accumulated other comprehensive income/(loss) (7,013) (6,257) Treasury stock (1,122) (977) Total equity attributable to Ford Motor Company 29,170 28,642 Equity attributable to noncontrolling interests 17 15 Total equity 29,187 28,657 Total liabilities and equity 237,951 224,925 12 Months Ended CONSOLIDATED INCOME STATEMENT - USD ($) $ in Millions Dec. 31, 2016 Dec. 31, 2015 Revenues Financial Services Revenues $ 10,253 $8,992 151,800 149,558 Total revenues Costs and expenses Cost of sales 126,584 124,041 Selling, administrative, and other expenses 12,196 10,502 Financial Services interest, operating, and other expenses 8,904 7,368 Total costs and expenses 147,684 141,911 Interest expense on Automotive debt 894 773 Equity in net income of affiliated companies 1,780 1,818 Income before income taxes Provision for/(Benefit from) income taxes Net income Less: Income/(Loss) attributable to noncontrolling interests Net income attributable to Ford Motor Company Basic income Basic income (in dollars per share) 6,796 10,252 2,189 2,881 4,607 7,371 11 (2) $ 4,596 $ 7,373 $1.16 $1.86 Short-Term Solvency, or Liquidity, Measures Current ratio: Quick ratio: Cash ratio: Interval measure: Long-Term Solvency Measures Total debt ratio: Debt-equity ratio: Equity multiplier: Times interest earned: Asset Management, or Turnover, Measures Inventory turnover: Days' sales in inventory: Receivables turnover: Days' sales in receivables: NWC turnover: 2016 2015 Days' sales in receivables: NWC turnover: Fixed asset turnover: Total asset turnover: Profitability Measures Profit margin: Return on assets (ROA): Return on equity (ROE)