From the balance sheet, write out in numbers the companys accounting equation (A = L + E) for the most recent year. What are the primary asset and liability categories? How many different assets does the company disclose on the balance sheet? Which of the assets and liabilities are sensitive to interest rate changes?

What portion of equity comes from contributed capital and what portion is from earnings retention? What significance does the source of equity have for your analysis? For the most recent year, is the amount for net income on the income statement the same as net income on the statement of shareholders equity?

December 31 2019 December 31, 2020 $ 17,504 17,147 53,651 9,237 10,786 2,383 3,339 114,047 53,703 29,230 36,469 2,519 11,863 10,706 258,537 25,243 24,718 42,401 9,993 10,808 47 3,534 116,744 55,277 27,951 37,083 4,901 12,423 12,882 267,261 $ $ A $ ASSETS Cash and cash equivalents (Note 9) Marketable securities (Note 9) Ford Credit finance receivables, net of allowance for credit losses of $162 and $394 (Note 10) Trade and other receivables, less allowances of $63 and 584 Inventories (Note 11) Assets held for sale (Note 2 Note 10, and Note 22) Other assets Total current assets Ford Credit finance receivables, net of allowance for credit losses of $351 and 5911 (Note 10) Net investment in operating leases (Note 12) Net property (Note 13) Equity in net assets of affiliated companies (Note 14) Deferred income taxes (Note 7) Other assets Total assets LIABILITIES Payables Other liabilities and deferred revenue (Note 16 and Note 25) Automotive debt payable within one year (Note 19) Ford Credit debt payable within one year (Note 19) Other debt payable within one year (Note 19) Liabilities held for sale (Note 22) Total current liabilities Other liabilities and deferred revenue (Note 16 and Note 25) Automotive long-term debt (Note 19) Ford Credit long-term debt (Note 19) Other long-term debt (Note 19) Deferred income taxes (Note 7) Total liabilities EQUITY Common Stock, par value $0.01 per share (4,025 million shares issued of 6 billion authorized) Class B Stock, par value $0.01 per share 71 million shares issued of 530 million authorized) Capital in excess of par value of stock Retained earnings Accumulated other comprehensive income (loss) (Note 23) Treasury stock Total equity attributable to Ford Motor Company Equity attributable to noncontrolling interests Total equity Total liabilities and equity 22,204 23,645 1,194 49,969 180 20,673 22,987 1,445 52,371 130 526 98,132 25,324 13,233 87,658 470 490 225,307 97,192 28,379 22,342 87,708 291 538 236,450 40 40 1 22,165 20,320 (7,728 (1,613) 33,185 45 33,230 258,537 $ 22,290 18,243 (8,294) (1,590) 30,690 121 30,811 267,261 $ For the years ended December 31, 2018 2019 2020 $ $ Revenues Automotive Ford Credit Mobility Total revenues (Note 4) ( 148.294 12,018 26 160,338 143,599 $ 12.260 41 155,900 115,885 11,203 56 127,144 Costs and expenses Cost of sales Selling, administrative, and other expenses Ford Credit interest, operating, and other expenses Total costs and expenses Operating income/(loss) 136,269 11,403 9,463 157,135 3,203 134,693 11,161 9.472 155,326 574 112,752 10,193 8,607 131,552 (4,408) Interest expense on Automotive debt Interest expense on Other debt 1,171 57 963 57 1,603 46 Other incomelloss), net (Note 5 and Note 22) Equity in net income/(loss) of affiliated companies Income (Loss) before income taxes Provision for/(Benefit from) income taxes (Note 7) Net income/(loss) Less: Income/(Loss) attributable to noncontrolling interests Net Income (loss) attributable to Ford Motor Company 2,247 123 4,345 650 3,695 18 3,677 (226) 32 (640) (724) 84 37 47 $ 4,899 42 (1,116) 160 (1,276) 3 (1,279) EARNINGS/(LOSS) PER SHARE ATTRIBUTABLE TO FORD MOTOR COMPANY COMMON AND CLASS B STOCK (Note 8) Basic income (loss) $ Diluted income/(loss) $ $ 0.93 0.92 0.01 0.01 (0.32 (0.32) Weighted average shares used in computation of earnings/(loss) per share Basic shares Diluted shares 3,974 3.998 3,972 4.004 3,973 3,973 December 31 2019 December 31, 2020 $ 17,504 17,147 53,651 9,237 10,786 2,383 3,339 114,047 53,703 29,230 36,469 2,519 11,863 10,706 258,537 25,243 24,718 42,401 9,993 10,808 47 3,534 116,744 55,277 27,951 37,083 4,901 12,423 12,882 267,261 $ $ A $ ASSETS Cash and cash equivalents (Note 9) Marketable securities (Note 9) Ford Credit finance receivables, net of allowance for credit losses of $162 and $394 (Note 10) Trade and other receivables, less allowances of $63 and 584 Inventories (Note 11) Assets held for sale (Note 2 Note 10, and Note 22) Other assets Total current assets Ford Credit finance receivables, net of allowance for credit losses of $351 and 5911 (Note 10) Net investment in operating leases (Note 12) Net property (Note 13) Equity in net assets of affiliated companies (Note 14) Deferred income taxes (Note 7) Other assets Total assets LIABILITIES Payables Other liabilities and deferred revenue (Note 16 and Note 25) Automotive debt payable within one year (Note 19) Ford Credit debt payable within one year (Note 19) Other debt payable within one year (Note 19) Liabilities held for sale (Note 22) Total current liabilities Other liabilities and deferred revenue (Note 16 and Note 25) Automotive long-term debt (Note 19) Ford Credit long-term debt (Note 19) Other long-term debt (Note 19) Deferred income taxes (Note 7) Total liabilities EQUITY Common Stock, par value $0.01 per share (4,025 million shares issued of 6 billion authorized) Class B Stock, par value $0.01 per share 71 million shares issued of 530 million authorized) Capital in excess of par value of stock Retained earnings Accumulated other comprehensive income (loss) (Note 23) Treasury stock Total equity attributable to Ford Motor Company Equity attributable to noncontrolling interests Total equity Total liabilities and equity 22,204 23,645 1,194 49,969 180 20,673 22,987 1,445 52,371 130 526 98,132 25,324 13,233 87,658 470 490 225,307 97,192 28,379 22,342 87,708 291 538 236,450 40 40 1 22,165 20,320 (7,728 (1,613) 33,185 45 33,230 258,537 $ 22,290 18,243 (8,294) (1,590) 30,690 121 30,811 267,261 $ For the years ended December 31, 2018 2019 2020 $ $ Revenues Automotive Ford Credit Mobility Total revenues (Note 4) ( 148.294 12,018 26 160,338 143,599 $ 12.260 41 155,900 115,885 11,203 56 127,144 Costs and expenses Cost of sales Selling, administrative, and other expenses Ford Credit interest, operating, and other expenses Total costs and expenses Operating income/(loss) 136,269 11,403 9,463 157,135 3,203 134,693 11,161 9.472 155,326 574 112,752 10,193 8,607 131,552 (4,408) Interest expense on Automotive debt Interest expense on Other debt 1,171 57 963 57 1,603 46 Other incomelloss), net (Note 5 and Note 22) Equity in net income/(loss) of affiliated companies Income (Loss) before income taxes Provision for/(Benefit from) income taxes (Note 7) Net income/(loss) Less: Income/(Loss) attributable to noncontrolling interests Net Income (loss) attributable to Ford Motor Company 2,247 123 4,345 650 3,695 18 3,677 (226) 32 (640) (724) 84 37 47 $ 4,899 42 (1,116) 160 (1,276) 3 (1,279) EARNINGS/(LOSS) PER SHARE ATTRIBUTABLE TO FORD MOTOR COMPANY COMMON AND CLASS B STOCK (Note 8) Basic income (loss) $ Diluted income/(loss) $ $ 0.93 0.92 0.01 0.01 (0.32 (0.32) Weighted average shares used in computation of earnings/(loss) per share Basic shares Diluted shares 3,974 3.998 3,972 4.004 3,973 3,973