67 Table of Contents NOTES TO THE FINANCIAL STATEMENTS FORD MOTOR CREDIT COMPANY LLC AND SUBSIDIARIES Footnote Page Note 1 Presentation 68 Note 2 Accounting Policies 69 Note 3 Cash, Cash Equivalents, and Marketable Securities 71 Note 4 Finance Receivables and Allowance for Credit Losses 73 Note 5 Net Investment in Operating Leases 82 Note 6 Transfers of Receivables and Variable Interest Entities 84 Note 7 Derivative Financial Instruments and Hedging Activities 87 Note 8 Other Assets and Other Liabilities and Deferred Revenue 90 Note 9 Debt and Commitments 91 Note 10 Income Taxes 94 Note 11 Insurance 96 Note 12 Other Income, Net 98 Note 13 Retirement Benefits 99 Note 14 Segment and Geographic Information 99 Note 15 Selected Quarterly Financial Data (unaudited) 101 Note 16 Commitments and Contingencies 102