XML 46 R38.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Presentation (Tables)
 6 Months Ended
Jun. 30, 2011
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Reconciliation between Consolidated and Sector Balance Sheets [Table Text Block]
Deferred Tax Assets and Liabilities. The difference between the total assets and total liabilities as presented in our sector balance sheet and consolidated balance sheet is the result of netting of deferred income tax assets and liabilities. The reconciliation between the totals for the sector and consolidated balance sheets is as follows (in millions):
 
June 30,

2011
 
December 31,

2010
Sector balance sheet presentation of deferred income tax assets:
 
 
 
Automotive sector current deferred income tax assets
$
306


 
$
359


Automotive sector non-current deferred income tax assets
2,340


 
2,468


Financial Services sector deferred income tax assets *
215


 
282


Total
2,861


 
3,109


Reclassification for netting of deferred income taxes
(758
)
 
(1,106
)
Consolidated balance sheet presentation of deferred income tax assets
$
2,103


 
$
2,003


 
 
 
 
Sector balance sheet presentation of deferred income tax liabilities:
 


 
 


Automotive sector current deferred income tax liabilities
$
244


 
$
392


Automotive sector non-current deferred income tax liabilities
300


 
344


Financial Services sector deferred income tax liabilities
1,585


 
1,505


Total
2,129


 
2,241


Reclassification for netting of deferred income taxes
(758
)
 
(1,106
)
Consolidated balance sheet presentation of deferred income tax liabilities
$
1,371


 
$
1,135


__________
*    Financial Services deferred income tax assets are included in Financial Services other assets on our sector balance sheet.
Reconciliation between Consolidated And Sector Cash Flows [Table Text Block]
The reconciliation between totals for the sector and consolidated cash flows is as follows (in millions):
 
First Half
 
2011
 
2010
Automotive cash flows from operating activities of continuing operations
$
5,744


 
$
3,004


Financial Services cash flows from operating activities of continuing operations
2,133


 
2,157


Total sector cash flows from operating activities of continuing operations
7,877


 
5,161


Reclassifications from investing to operating cash flows:
 


 
 


Wholesale receivables (a)
(1,944
)
 
(248
)
Finance receivables (b)
293


 
244


Reclassifications from operating to financing cash flows:
 
 
 
Payments on notes to the Voluntary Employee Benefit Association ("VEBA") trust ("UAW VEBA Trust") (c)
—


 
1,300


Consolidated cash flows from operating activities of continuing operations
$
6,226


 
$
6,457


 
 
 
 
Automotive cash flows from investing activities of continuing operations
$
2,471


 
$
239


Financial Services cash flows from investing activities of continuing operations
560


 
3,376


Total sector cash flows from investing activities of continuing operations
3,031


 
3,615


Reclassifications from investing to operating cash flows:
 


 
 


Wholesale receivables (a)
1,944


 
248


Finance receivables (b)
(293
)
 
(244
)
Reclassifications from investing to financing cash flows:
 
 
 
Automotive sector acquisition of Financial Services sector debt (d)
—


 
(341
)
Elimination of investing activity to/(from) Financial Services in consolidation
(1,859
)
 
(434
)
Consolidated cash flows from investing activities of continuing operations
$
2,823


 
$
2,844


 
 
 
 
Automotive cash flows from financing activities of continuing operations
$
(5,106
)
 
$
(4,095
)
Financial Services cash flows from financing activities of continuing operations
(3,758
)
 
(6,553
)
Total sector cash flows from financing activities of continuing operations
(8,864
)
 
(10,648
)
Reclassifications from investing to financing cash flows:
 


 
 


Automotive sector acquisition of Financial Services sector debt (d)
—


 
341


Reclassifications from operating to financing cash flows:
 
 
 
Payments on notes to the UAW VEBA Trust (c)
—


 
(1,300
)
Elimination of investing activity to/(from) Financial Services in consolidation
1,859


 
434


Consolidated cash flows from financing activities of continuing operations
$
(7,005
)
 
$
(11,173
)
 __________
(a)
In addition to the cash flow from vehicles sold by us, the cash flow from wholesale finance receivables (being reclassified from investing to operating) includes financing by Ford Credit of used and non-Ford vehicles. 100% of cash flows from wholesale finance receivables have been reclassified for consolidated presentation as the portion of these cash flows from used and non-Ford vehicles is impracticable to separate.
(b)
Includes cash flows of finance receivables purchased/collected from certain divisions and subsidiaries of the Automotive sector.
(c)
See "Notes Due to UAW VEBA Trust" in Note 11 for discussion of these transactions. Cash outflows related to this transaction are reported as financing activities on the consolidated statement of cash flows and operating activities on the sector statement of cash flows.
(d)
See "Automotive Acquisition of Financial Services Debt" in Note 11 for discussion of these transactions. Cash inflows related to these transactions are reported as financing activities on the consolidated statement of cash flows and investing activities on the sector statement of cash flows.