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Segment Information
 3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
SEGMENT INFORMATION
NOTE 17.  SEGMENT INFORMATION

We have changed our Automotive sector reportable segments to establish a fifth Automotive segment — Middle East & Africa — which includes South Africa and markets that were previously direct export markets in the Middle East and Africa. Previously, South Africa results were included in Asia Pacific Africa and direct export markets were reflected in the results of the producing region or segment. We have realigned reporting of our direct export markets on a geographic basis. Results for prior periods are presented on the same basis.

Our Automotive sector is comprised of the following segments:  North America, South America, Europe, Middle East & Africa, and Asia Pacific.  Included in each segment, described below, are the associated costs to develop, manufacture, distribute, and service vehicles and parts.

North America segment primarily includes the sale of Ford- and Lincoln-brand vehicles and related service parts and accessories in North America.  

South America segment primarily includes the sale of Ford-brand vehicles and related service parts and accessories in South America.

Europe segment primarily includes the sale of Ford-brand vehicles, components, and related service parts and accessories in Europe, Turkey, and Russia.

Middle East & Africa segment primarily includes the sale of Ford- and Lincoln-brand vehicles and related service parts and accessories in the Middle East & Africa region.

Asia Pacific segment primarily includes the sale of Ford-brand vehicles and related service parts and accessories in the Asia Pacific region.

Automotive segment results are presented on a “where-sold,” absolute-cost basis, which reflects the profit/(loss) on the sale within the segment in which the ultimate sale is made to our external customer.  This presentation generally eliminates the effect of legal entity transfer prices within the Automotive sector for vehicles, components, and product engineering.  

NOTE 17.  SEGMENT INFORMATION (Continued)

Key operating data for our business segments for the periods ended or at March 31 were as follows (in millions):
 
Automotive Sector
 
Operating Segments
Reconciling Items
 
 

 
 North
America
 
 South
America
 

Europe
 
Middle East & Africa
 
 Asia
Pacific
 
Other
Automotive
 
Special
Items
 
Total
First Quarter 2014
 

 
 

 
 

 
 
 
 

 
 

 
 

 
 

Revenues
$
20,445

 
$
1,891

 
$
7,754

 
$
1,155

 
$
2,631

 
$
—

 
$
—

 
$
33,876

Income/(Loss) before income taxes
1,500

 
(510
)
 
(194
)
 
54

 
291

 
(222
)
 
(122
)
 
797

Total assets at March 31
59,656

 
7,071

 
15,898

 
1,264

 
8,622

 
—

 
—

 
92,511

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
First Quarter 2013
 

 
 

 
 

 
 
 
 

 
 

 
 

 
 

Revenues
$
21,493

 
$
2,308

 
$
6,569

 
$
1,279

 
$
2,209

 
$
—

 
$
—

 
$
33,858

Income/(Loss) before income taxes
2,392

 
(218
)
 
(425
)
 
47

 
(28
)
 
(125
)
 
(23
)
 
1,620

Total assets at March 31
52,370

 
6,980

 
20,628

 
1,119

 
7,105

 
—

 
—

 
88,202

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial Services Sector
 
Company
 
Operating Segments
 
Reconciling Item
 
 
 
 
 
 
 
Ford
Credit
 
Other
Financial
Services
 
Elims
 
Total
 
Elims (a)
 
Total
First Quarter 2014
 
 
 
 
 
 
 
 
 
 
 

Revenues
$
2,076

 
$
35

 
$
(111
)
 
$
2,000

 
$
—

 
$
35,876

Income/(Loss) before income taxes
499

 
(37
)
 
—

 
462

 
—

 
1,259

Total assets at March 31
118,364

 
5,532

 
(6,348
)
 
117,548

 
(2,977
)
 
207,082

 
 
 
 
 
 
 
 
 
 
 
 
First Quarter 2013
 

 
 

 
 

 
 

 
 

 
 

Revenues
$
1,854

 
$
60

 
$
(123
)
 
$
1,791

 
$
—

 
$
35,649

Income/(Loss) before income taxes
507

 
(4
)
 
—

 
503

 
—

 
2,123

Total assets at March 31
105,936

 
7,285

 
(7,174
)
 
106,047

 
(2,280
)
 
191,969


__________
(a)
Includes intersector transactions occurring in the ordinary course of business and deferred tax netting.