Exhibit 99.4
Ford Motor Company and Subsidiaries
SECTOR BALANCE SHEET
(in millions)
September 30, | December 31, | |||||||
2004 | 2003 | |||||||
ASSETS | (unaudited) | |||||||
Automotive | ||||||||
Cash and cash equivalents | $ | 6,713 | $ | 5,423 | ||||
Marketable securities | 10,320 | 10,749 | ||||||
Loaned securities | 2,332 | 5,667 | ||||||
Total cash, marketable and loaned securities | 19,365 | 21,839 | ||||||
Receivables, net | 3,340 | 2,698 | ||||||
Inventories | 10,981 | 9,151 | ||||||
Deferred income taxes | 3,802 | 3,225 | ||||||
Other current assets | 8,146 | 6,829 | ||||||
Total current assets | 45,634 | 43,742 | ||||||
Equity in net assets of affiliated companies | 1,856 | 1,930 | ||||||
Net property | 41,287 | 41,919 | ||||||
Deferred income taxes | 11,190 | 12,090 | ||||||
Goodwill and other intangible assets | 6,064 | 6,053 | ||||||
Assets of discontinued/held-for-sale operations | 114 | 410 | ||||||
Other assets | 15,639 | 14,497 | ||||||
Total Automotive assets | 121,784 | 120,641 | ||||||
Financial Services | ||||||||
Cash and cash equivalents | 10,703 | 16,343 | ||||||
Investments in securities | 1,262 | 1,123 | ||||||
Finance receivables, net | 112,011 | 110,893 | ||||||
Net investment in operating leases | 31,785 | 31,859 | ||||||
Retained interest in sold receivables | 9,473 | 13,017 | ||||||
Goodwill and other intangible assets | 950 | 1,008 | ||||||
Assets of discontinued/held-for-sale operations | — | 388 | ||||||
Other assets | 12,478 | 17,292 | ||||||
Receivable from Automotive | 2,246 | 3,356 | ||||||
Total Financial Services assets | 180,908 | 195,279 | ||||||
Total assets | $ | 302,692 | $ | 315,920 | ||||
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||||||||
Automotive | ||||||||
Trade payables | $ | 16,751 | $ | 15,279 | ||||
Other payables | 3,349 | 2,940 | ||||||
Accrued liabilities | 34,568 | 32,144 | ||||||
Debt payable within one year | 1,004 | 1,806 | ||||||
Current payable to Financial Services | 216 | 124 | ||||||
Total current liabilities | 55,888 | 52,293 | ||||||
Senior debt | 12,562 | 13,832 | ||||||
Subordinated debt | 5,155 | 5,155 | ||||||
Total long-term debt | 17,717 | 18,987 | ||||||
Other liabilities | 41,405 | 45,085 | ||||||
Deferred income taxes | 3,045 | 2,352 | ||||||
Liabilities of discontinued/held-for-sale operations | 69 | 152 | ||||||
Payable to Financial Services | 2,030 | 3,232 | ||||||
Total Automotive liabilities | 120,154 | 122,101 | ||||||
Financial Services | ||||||||
Payables | 2,299 | 2,189 | ||||||
Debt | 145,986 | 159,011 | ||||||
Deferred income taxes | 11,062 | 11,061 | ||||||
Other liabilities and deferred income | 8,309 | 9,211 | ||||||
Liabilities of discontinued/held-for-sale operations | — | 37 | ||||||
Total Financial Services liabilities | 167,656 | 181,509 | ||||||
Minority interests | 813 | 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 | 5,357 | 5,374 | ||||||
Accumulated other comprehensive income/(loss) | (794 | ) | (414 | ) | ||||
Treasury stock | (1,768 | ) | (1,749 | ) | ||||
Earnings retained for use in business | 11,255 | 8,421 | ||||||
Total stockholders’ equity | 14,069 | 11,651 | ||||||
Total liabilities and stockholders’ equity | $ | 302,692 | $ | 315,920 | ||||