Ford Motor (F) 8-K Ford Announces Second Quarter Financial Results

Exhibit 99.4

Ford Motor Company and Subsidiaries
SECTOR BALANCE SHEET
(in millions)

	June 30,			December 31,
	2004			2003
	(unaudited)
ASSETS
Automotive
Cash and cash equivalents	$	5,937		$	5,427
Marketable securities		11,537			10,749
Loaned securities		5,317			5,667
Total cash, marketable and loaned securities		22,791			21,843
Receivables, net		3,016			2,721
Inventories		10,614			9,181
Deferred income taxes		3,083			3,225
Other current assets		8,166			6,839
Total current assets		47,670			43,809
Equity in net assets of affiliated companies		1,897			1,930
Net property		40,680			41,993
Deferred income taxes		10,640			12,092
Goodwill and other intangible assets		6,187			6,254
Assets of discontinued/held-for-sale operations		2			68
Other assets		15,417			14,495
Total Automotive assets		122,493			120,641
Financial Services
Cash and cash equivalents		9,711			16,343
Investments in securities		1,156			1,123
Finance receivables, net		108,459			110,893
Net investment in operating leases		32,412			31,859
Retained interest in sold receivables		16,396			13,017
Goodwill and other intangible assets		999			1,008
Assets of discontinued/held-for-sale operations		385			388
Other assets		12,067			17,292
Receivable from Automotive		3,016			3,356
Total Financial Services assets		184,601			195,279
Total assets	$	307,094		$	315,920
LIABILITIES AND STOCKHOLDERS’ EQUITY
Automotive
Trade payables	$	15,947		$	15,289
Other payables		3,547			2,942
Accrued liabilities		35,415			32,171
Debt payable within one year		760			1,806
Current payable to Financial Services		598			124
Total current liabilities		56,267			52,332
Senior debt		12,987			13,832
Subordinated debt		5,155			5,155
Total long-term debt		18,142			18,987
Other liabilities		43,184			45,104
Deferred income taxes		1,652			2,352
Liabilities of discontinued/held-for-sale operations		21			94
Payable to Financial Services		2,418			3,232
Total Automotive liabilities		121,684			122,101
Financial Services
Payables		2,385			2,189
Debt		149,199			159,011
Deferred income taxes		11,010			11,061
Other liabilities and deferred income		8,379			9,211
Liabilities of discontinued/held-for-sale operations		91			37
Total Financial Services liabilities		171,064			181,509
Minority interests		785			659
Stockholders’ equity
Capital stock
Common Stock, par value $0.01 per share (1,837 million shares issued)		18			18
Class B Stock, par value $0.01 per share (71 million shares issued)		1			1
Capital in excess of par value of stock		5,341			5,374
Accumulated other comprehensive income/(loss)		(1,209	)		(414	)
Treasury stock		(1,761	)		(1,749	)
Earnings retained for use in business		11,171			8,421
Total stockholders’ equity		13,561			11,651
Total liabilities and stockholders’ equity	$	307,094		$	315,920