Ford Motor Company 2011 Annual Report : Page 103
FORD MOTOR COMPANY AND SUBSIDIARIES NOTES TO THE FINANCIAL STATEMENTS Notes to the Financial Statements NOTE 4. FAIR VALUE MEASUREMENTS (Continued) 2010 Level 1 (a) Automotive Sector Assets Cash equivalents – financial instruments (b) U.S. government U.S. government-sponsored enterprises Non-U.S. government Non-U.S. government agencies (c) Corporate debt Total cash equivalents – financial instruments Marketable securities (d) U.S. government U.S. government-sponsored enterprises Non-U.S. government agencies (c) Corporate debt Mortgage-backed and other asset-backed Equities Non-U.S. government Other liquid investments (e) Total marketable securities Derivative financial instruments Foreign exchange contracts Commodity contracts Other – warrants Total derivative financial instruments (f) Total assets at fair value Liabilities Derivative financial instruments Foreign exchange contracts Commodity contracts Total derivative financial instruments (f) Total liabilities at fair value $ $ — — — — $ $ 93 6 99 99 $ $ — — — — $ $ 93 6 99 99 $ — — — — 2,921 $ 58 36 — 94 13,352 $ — 33 5 38 40 $ 58 69 5 132 16,313 2,718 — — — — 203 — — 2,921 — 4,809 3,215 517 20 — 818 1,704 11,083 — — 1 — — — 1 — 2 2,718 4,809 3,216 517 20 203 819 1,704 14,006 $ — — — — — — $ — 224 133 1,619 199 2,175 $ — — — — — — $ — 224 133 1,619 199 2,175 Level 2 (a) Level 3 Total __________ (a) There were no transfers between Level 1 and 2 during the year. (b) "Cash equivalents -financial instruments" in this table excludes time deposits, certificates of deposit, money market accounts, and other cash equivalents reported at par value totaling $2.2 billion as of December 31, 2010 for the Automotive sector. In addition to these cash equivalents, our Automotive sector also had cash on hand totaling $1.9 billion as of December 31, 2010. (c) Includes notes issued by Non-U.S. government agencies, as well as notes issued by supranational institutions. (d) Excludes an investment in Ford Credit debt securities held by the Automotive sector with a carrying value of $201 million and an estimated fair value of $203 million as of December 31, 2010; see Note 18 for additional detail. (e) "Other liquid investments" in this table includes certificates of deposit and time deposits subject to changes in value. (f) See Note 25 for additional information regarding derivative financial instruments. 103 Ford Motor Company | 2011 Annual Report 103
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