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Where do you get "$100B in debt"? They have over $30BB in net assets.

• throwaway400 8y ago
  Ford has its own auto financing division called Ford Motor Credit. This division has about 80b of long term debt in the form of consumer auto loans for the purchase of Ford vehicles. Moodys downgraded this debt last fall.
  • deleted 8y ago
    [deleted]
  • dmurray 8y ago
    Those loans are assets, not liabilities (they are loans from FMC, not to it). Maybe you mean it has issued debt to pay for them?
    • throwaway400 8y ago
      Yes, sorry the debt is the bonds that FMC issued.
  • notfromhere 8y ago
    That debt is an asset and they generate revenue from it