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Notes to the Financial Statements<br />
NOTE 26. OPERATING CASH FLOWS<br />
The reconciliation of Net income/(loss) attributable to Ford Motor Company to Net cash (used in)/provided by<br />
operating activities for the years ended December 31 was as follows (in millions):<br />
2011<br />
Net income/(loss) attributable to Ford Motor Company<br />
Depreciation and special tools amortization<br />
Other amortization<br />
Provision for credit and insurance losses<br />
Net (gain)/loss on extinguishment of debt<br />
Net (gain)/loss on investment securities<br />
Net losses/(earnings) from equity investments in excess of dividends received<br />
Foreign currency adjustments<br />
Net (gain)/loss on sale of businesses<br />
Stock compensation<br />
Cash changes in operating assets and liabilities were as follows:<br />
Provision for deferred income taxes<br />
Decrease/(Increase) in intersector receivables/payables<br />
Decrease/(Increase) in accounts receivable and other assets<br />
Decrease/(Increase) in inventory<br />
Increase/(Decrease) in accounts payable and accrued and other liabilities<br />
Other<br />
Net cash (used in)/provided by operating activities<br />
Automotive<br />
$ 18,447<br />
3,533<br />
80<br />
—<br />
60<br />
76<br />
(169)<br />
(35)<br />
(410)<br />
163<br />
(11,566)<br />
642<br />
(1,649)<br />
(367)<br />
(230)<br />
793<br />
$ 9,368<br />
Financial<br />
Services<br />
$ 1,766<br />
1,843<br />
(1,200)<br />
(33)<br />
68<br />
6<br />
—<br />
(2)<br />
(11)<br />
8<br />
495<br />
(642)<br />
722<br />
—<br />
(450)<br />
(165)<br />
$ 2,405<br />
Total (a)<br />
$ 20,213<br />
5,376<br />
(1,120)<br />
(33)<br />
128<br />
82<br />
(169)<br />
(37)<br />
(421)<br />
171<br />
(11,071)<br />
—<br />
(927)<br />
(367)<br />
(680)<br />
628<br />
$ 11,773<br />
2010<br />
Automotive<br />
Financial<br />
Services Total (a)<br />
Net income/(loss) attributable to Ford Motor Company<br />
Depreciation and special tools amortization<br />
Other amortization<br />
Provision for credit and insurance losses<br />
Net (gain)/loss on extinguishment of debt<br />
Net (gain)/loss on investment securities<br />
Net (gain)/loss on pension and OPEB curtailment<br />
Net losses/(earnings) from equity investments in excess of dividends received<br />
Foreign currency adjustments<br />
Net (gain)/loss on sale of businesses<br />
Stock option expense<br />
Cash changes in operating assets and liabilities were as follows:<br />
Provision for deferred income taxes<br />
Decrease/(Increase) in intersector receivables/payables<br />
Decrease/(Increase) in accounts receivable and other assets<br />
Decrease/(Increase) in inventory<br />
Increase/(Decrease) in accounts payable and accrued and other liabilities<br />
Other<br />
$ 4,690<br />
3,876<br />
703<br />
—<br />
844<br />
(102)<br />
(29)<br />
(198)<br />
(347)<br />
23<br />
32<br />
300<br />
321<br />
(918)<br />
(903)<br />
(1,179)<br />
(750)<br />
$ 1,871<br />
2,024<br />
(1,019)<br />
(216)<br />
139<br />
19<br />
—<br />
—<br />
(1)<br />
(5)<br />
2<br />
(266)<br />
(321)<br />
1,683<br />
—<br />
475<br />
(587)<br />
$ 6,561<br />
5,900<br />
(316)<br />
(216)<br />
983<br />
(83)<br />
(29)<br />
(198)<br />
(348)<br />
18<br />
34<br />
34<br />
—<br />
765<br />
(903)<br />
(704)<br />
(1,337)<br />
Net cash (used in)/provided by operating activities<br />
$ 6,363 $ 3,798 $ 10,161<br />
_________<br />
(a) See Note 1 for a reconciliation of the sum of the sector net cash (used in)/provided by operating activities to the consolidated net cash (used in)/<br />
provided by operating activities.<br />
170 Ford Motor Company | 2011 Annual Report
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