Use the information from Ford's SOCF and Tesla's SOCF to fill in the blanks of the differences chart.

		(amounts in billions)
		Ford Motor	Tesla		Student's Notes and Comments
(Google it)	Market Value of Company - June 10, 2020
	Balance Sheet Information
	Cash - Beginning
	Increase/Decrease in Cash
	Cash - Ending	$ -	$ -
	Statement of Cash Flows
	Operating
	Net Income or (Loss)
	Depreciation
	Inc./(Dec.) in Inventories
	Inc./(Dec.) in Accounts Payable
	Investing
	Capital Spending / Purchases of P&E
	Acquisition of Finance Receivables
	Collection of Finance Receivables
	Financing
	Issuance of Debt
	Repayment of Debt
	Dividends Paid

FORD MOTOR COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENT OF CASH FLOWS (in millions) For the years ended December 31, 2018 2017 2019 $ 84 7,757 $ 9,241 (669) 3,695 $ 9,385 (972) 9,689 (1,199) 804 598 504 413 400 206 529 2,625 203 Cash flows from operating activities Net 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 dividends received in excess of earnings) losses Foreign currency adjustments Net (gain)/oss on changes in investments in affiliates Stock compensation Provision for deferred income taxes Decrease/Increase) in finance receivables (wholesale and other) Decrease/(Increase) in accounts receivable and other assets Decrease/(Increase) in inventory Increase/(Decrease) in accounts payable and accrued and other liabilities Other Net cash provided by/(used in) operating activities (42) 191 (54) (29) 228 (608) 240 (403) (7) 246 (350) (836) (2,297) (970) 6,089 65 18,096 (197) (2,408) (2,239) (828) 6,781 (1,370) 1,554 (816) 206 5,260 17 41 15,022 17,639 Cash flows from investing activities Capital spending Acquisitions of finance receivables and operating leases Collections of finance receivables and operating leases Purchases of marketable securities and other investments Sales and maturities of marketable and other investments Settlements of derivatives Other Net cash provided by/(used in) investing activities (7,049) (59,354) 44,641 (27,567) 29,898 100 (29) (19,360) (7,785) (62,924) 50,880 (17,140) 20,527 358 (177) (16,261) (7,632) (55,576) 50,182 (17,472) 16,929 (114) (38) (13,721) Cash flows from financing 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 increasel(decrease) in cash, cash equivalents, and restricted cash (2,584) (131) 1,229 45,801 (40,770) (151) 3,394 (2,905) (164) (2,819) 50,130 (44,172) (192) (122) (370) (1,731) $ (2,389) (237) (1,384) 47,604 (46,497) (226) (3,129) 45 489 2,619 $ $ 834 $ $ 16,907 Cash, cash equivalents, and restricted cash at beginning of period (Note 9) Net increase/(decrease) in cash, cash equivalents, and restricted cash Cash, cash equivalents, and restricted cash at end of period (Note 9) 16,019 2,619 18,638 18,638 (1,731) 16,907 834 $ $ 17,741 Year Ended December 31, 2018 2019 2017 (775) $ (1,063) $ (2,241 ) 2,154 898 188 193 146 (48) 1,901 749 159 85 162 (2) 1,636 467 91 132 106 52 58 135 49 186 (188) (497) (1,023) (215) (367) (429) (764) (288) 115 682 801 (58) (150) 109 2,405 (82) (207) 1,723 406 (96) (111) 160 2,098 (25) (179) (1,523) (72) (15) 388 469 170 209 81 (61 (2,101) (218) (3,415) (666) Cash Flows from Operating Activities Net loss Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Depreciation, amortization and impairment Stock-based compensation Amortization of debt discounts and issuance costs Inventory and purchase commitments write-downs Loss on disposals of fixed assets Foreign currency transaction (gains) loss Loss related to SolarCity acquisition Non-cash interest and other operating activities Operating cash flow related to repayment of discounted convertible notes Changes in operating assets and liabilities, net of effect of business combinations: Accounts receivable Inventory Operating lease vehicles Prepaid expenses and other current assets Other non-current assets Accounts payable and accrued liabilities Deferred revenue Customer deposits Resale value guarantee Other long-term liabilities Net cash provided by (used in) operating activities Cash Flows from Investing Activities Purchases of property and equipment excluding finance leases, net of sales Purchases of solar energy systems Purchase of intangible assets Receipt of government grants Business combinations, net of cash acquired Net cash used in investing activities Cash Flows from Financing Activities Proceeds from issuances of common stock in public offerings, net of underwriting discounts Proceeds from issuances of convertible and other debt Repayments of convertible and other debt Repayments of borrowings issued to related parties Collateralized lease repayments Proceeds from exercises of stock options and other stock issuances Principal payments on finance leases Common stock and debt issuance costs Purchase of convertible note hedges Proceeds from settlement of convertible note hedges Proceeds from issuance of warrants Payments for settlements of warrants Proceeds from investments by noncontrolling interests in subsidiaries Distributions paid to noncontrolling interests in subsidiaries Payments for buy-outs of noncontrolling interests in subsidiaries Net cash provided by financing activities Effect of exchange rate changes on cash and cash equivalents and restricted cash Net increase in cash and cash equivalents and restricted cash Cash and cash equivalents and restricted cash, beginning of period Cash and cash equivalents and restricted cash, end of period Supplemental Non-Cash Investing and Financing Activities Equity issued in connection with business combination Acquisitions of property and equipment included in liabilities Estimated fair value of facilities under build-to-suit leases Supplemental Disclosures Cash paid during the period for interest, net of amounts capitalized Cash paid during the period for taxes, net of refunds (1,327 (105) (5) 46 (45) (1,436) (18) (2,337) (115) (4,196 848 10,669 (9,161) (389) 263 (321) (37) (476) 6,176 (5,247) (100) (559) 296 (181) (15) 400 7,138 (3,996) (165) 511 259 (103) (63) (204) 287 53 (230) 790 (262) 174 279 (311) (9) 1,529 8 2,506 437 (227) (6) 574 (23) 312 3,965 4,277 4,415 40 198 3,767 3,965 6,783 $ $ 207 562 $ $ $ 249 94 $ $ $ 914 313 $ 455 54 $ $ 381 35 $ $ 183 66 FORD MOTOR COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENT OF CASH FLOWS (in millions) For the years ended December 31, 2018 2017 2019 $ 84 7,757 $ 9,241 (669) 3,695 $ 9,385 (972) 9,689 (1,199) 804 598 504 413 400 206 529 2,625 203 Cash flows from operating activities Net 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 dividends received in excess of earnings) losses Foreign currency adjustments Net (gain)/oss on changes in investments in affiliates Stock compensation Provision for deferred income taxes Decrease/Increase) in finance receivables (wholesale and other) Decrease/(Increase) in accounts receivable and other assets Decrease/(Increase) in inventory Increase/(Decrease) in accounts payable and accrued and other liabilities Other Net cash provided by/(used in) operating activities (42) 191 (54) (29) 228 (608) 240 (403) (7) 246 (350) (836) (2,297) (970) 6,089 65 18,096 (197) (2,408) (2,239) (828) 6,781 (1,370) 1,554 (816) 206 5,260 17 41 15,022 17,639 Cash flows from investing activities Capital spending Acquisitions of finance receivables and operating leases Collections of finance receivables and operating leases Purchases of marketable securities and other investments Sales and maturities of marketable and other investments Settlements of derivatives Other Net cash provided by/(used in) investing activities (7,049) (59,354) 44,641 (27,567) 29,898 100 (29) (19,360) (7,785) (62,924) 50,880 (17,140) 20,527 358 (177) (16,261) (7,632) (55,576) 50,182 (17,472) 16,929 (114) (38) (13,721) Cash flows from financing 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 increasel(decrease) in cash, cash equivalents, and restricted cash (2,584) (131) 1,229 45,801 (40,770) (151) 3,394 (2,905) (164) (2,819) 50,130 (44,172) (192) (122) (370) (1,731) $ (2,389) (237) (1,384) 47,604 (46,497) (226) (3,129) 45 489 2,619 $ $ 834 $ $ 16,907 Cash, cash equivalents, and restricted cash at beginning of period (Note 9) Net increase/(decrease) in cash, cash equivalents, and restricted cash Cash, cash equivalents, and restricted cash at end of period (Note 9) 16,019 2,619 18,638 18,638 (1,731) 16,907 834 $ $ 17,741 Year Ended December 31, 2018 2019 2017 (775) $ (1,063) $ (2,241 ) 2,154 898 188 193 146 (48) 1,901 749 159 85 162 (2) 1,636 467 91 132 106 52 58 135 49 186 (188) (497) (1,023) (215) (367) (429) (764) (288) 115 682 801 (58) (150) 109 2,405 (82) (207) 1,723 406 (96) (111) 160 2,098 (25) (179) (1,523) (72) (15) 388 469 170 209 81 (61 (2,101) (218) (3,415) (666) Cash Flows from Operating Activities Net loss Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Depreciation, amortization and impairment Stock-based compensation Amortization of debt discounts and issuance costs Inventory and purchase commitments write-downs Loss on disposals of fixed assets Foreign currency transaction (gains) loss Loss related to SolarCity acquisition Non-cash interest and other operating activities Operating cash flow related to repayment of discounted convertible notes Changes in operating assets and liabilities, net of effect of business combinations: Accounts receivable Inventory Operating lease vehicles Prepaid expenses and other current assets Other non-current assets Accounts payable and accrued liabilities Deferred revenue Customer deposits Resale value guarantee Other long-term liabilities Net cash provided by (used in) operating activities Cash Flows from Investing Activities Purchases of property and equipment excluding finance leases, net of sales Purchases of solar energy systems Purchase of intangible assets Receipt of government grants Business combinations, net of cash acquired Net cash used in investing activities Cash Flows from Financing Activities Proceeds from issuances of common stock in public offerings, net of underwriting discounts Proceeds from issuances of convertible and other debt Repayments of convertible and other debt Repayments of borrowings issued to related parties Collateralized lease repayments Proceeds from exercises of stock options and other stock issuances Principal payments on finance leases Common stock and debt issuance costs Purchase of convertible note hedges Proceeds from settlement of convertible note hedges Proceeds from issuance of warrants Payments for settlements of warrants Proceeds from investments by noncontrolling interests in subsidiaries Distributions paid to noncontrolling interests in subsidiaries Payments for buy-outs of noncontrolling interests in subsidiaries Net cash provided by financing activities Effect of exchange rate changes on cash and cash equivalents and restricted cash Net increase in cash and cash equivalents and restricted cash Cash and cash equivalents and restricted cash, beginning of period Cash and cash equivalents and restricted cash, end of period Supplemental Non-Cash Investing and Financing Activities Equity issued in connection with business combination Acquisitions of property and equipment included in liabilities Estimated fair value of facilities under build-to-suit leases Supplemental Disclosures Cash paid during the period for interest, net of amounts capitalized Cash paid during the period for taxes, net of refunds (1,327 (105) (5) 46 (45) (1,436) (18) (2,337) (115) (4,196 848 10,669 (9,161) (389) 263 (321) (37) (476) 6,176 (5,247) (100) (559) 296 (181) (15) 400 7,138 (3,996) (165) 511 259 (103) (63) (204) 287 53 (230) 790 (262) 174 279 (311) (9) 1,529 8 2,506 437 (227) (6) 574 (23) 312 3,965 4,277 4,415 40 198 3,767 3,965 6,783 $ $ 207 562 $ $ $ 249 94 $ $ $ 914 313 $ 455 54 $ $ 381 35 $ $ 183 66