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      "text": "+ Well capitalized with a strong balance sheet; funding diversified across platforms and markets\n+ Further improvement of key balance sheet metrics; $27B in net liquidity\n+ Upgraded to Investment Grade by Fitch to BBB- (stable outlook) in September\n+ Leverage is within the target range of 9:1 to 10:1",
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      "text": "Term Unsecured Debt $ 48.3 $ 50.7\nTerm Asset-Backed Securities 56.4 55.9\nDeposits / Ford Interest Advantage (FIA) 14.3 16.3\nOther 2.6 2.2\nEquity 11.9 12.6\nAdjustments for Cash (11.2) (11.4)\nTotal Net Receivables $ 122.3 $ 126.3\nSecuritized Funding as Pct. of Total Debt 47.4% 45.5%\nNet Liquidity $ 21.1 $ 27.0\nFinancial Statement Leverage 10.0 9.7",
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