FORD MOTOR CO | 2013 | FY | 3


Description
 
Balance at
Beginning of
Period
 
Charged to
Costs and
Expenses
 
Deductions
 
Balance at End
of Period
For the Year Ended December 31, 2013
 
 
 
 
 
 
 
 
 
 
Allowances deducted from assets
 
 
 
 
 
 
 
 
 
 
Credit losses
 
$
435

 
$
152

 
 
$
182

(a)
 
$
405

Doubtful receivables
 
106

 
33

 
 
19

(b)
 
120

Inventories (primarily service part obsolescence)
 
267

 
(5
)
(c)
 

 
 
262

Deferred tax assets
 
1,923

 
(290
)
(d)
 

 
 
1,633

Total allowances deducted from assets
 
$
2,731

 
$
(110
)
 
 
$
201

 
 
$
2,420

 
 
 
 
 
 
 
 
 
 
 
For the Year Ended December 31, 2012
 
 

 
 

 
 
 

 
 
 

Allowances deducted from assets
 
 

 
 

 
 
 

 
 
 

Credit losses
 
$
570

 
$
2

 
 
$
137

(a)
 
$
435

Doubtful receivables
 
110

 
13

 
 
17

(b)
 
106

Inventories (primarily service part obsolescence)
 
249

 
18

(c)
 

 
 
267

Deferred tax assets
 
1,545

 
378

(d)
 

 
 
1,923

Total allowances deducted from assets
 
$
2,474

 
$
411

 
 
$
154

 
 
$
2,731

 
 
 
 
 
 
 
 
 
 
 
For the Year Ended December 31, 2011
 
 

 
 

 
 
 

 
 
 

Allowances deducted from assets
 
 

 
 

 
 
 

 
 
 

Credit losses
 
$
984

 
$
(115
)
 
 
$
299

(a)
 
$
570

Doubtful receivables
 
116

 
(69
)
 
 
(63
)
(b)
 
110

Inventories (primarily service part obsolescence)
 
245

 
4

(c)
 

 
 
249

Deferred tax assets
 
15,664

 
(14,119
)
(d)
 

 
 
1,545

Total allowances deducted from assets
 
$
17,009

 
$
(14,299
)
 
 
$
236

 
 
$
2,474

_________
(a)
Finance receivables and lease investments deemed to be uncollectible and other changes, principally amounts related to finance receivables sold and translation adjustments.
(b)
Accounts and notes receivable deemed to be uncollectible as well as translation adjustments.
(c)
Net change in inventory allowances.  
(d)
Includes $(243) million, $264 million and $0 in 2013, 2012 and 2011, respectively, of valuation allowance for deferred tax assets through Accumulated other comprehensive income/(loss) and $(47) million, $114 million and $(14.1) billion in 2013, 2012, and 2011, respectively, of valuation allowance for deferred tax assets through the income statement.



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