CONSOLIDATED INCOME STATEMENT - USD ($)
$ in Millions |
3 Months Ended |
9 Months Ended |
Sep. 30, 2016 |
Sep. 30, 2015 |
Sep. 30, 2016 |
Sep. 30, 2015 |
| Revenues |
|
|
|
|
| Automotive |
$ 33,331
|
$ 35,818
|
$ 105,520
|
$ 102,723
|
| Financial Services |
2,612
|
2,326
|
7,626
|
6,584
|
| Total revenues |
35,943
|
38,144
|
113,146
|
109,307
|
| Costs and expenses |
|
|
|
|
| Cost of sales |
30,446
|
31,213
|
93,075
|
90,011
|
| Selling, administrative, and other expenses |
2,535
|
2,386
|
7,758
|
7,402
|
| Financial Services interest, operating, and other expenses |
2,200
|
1,905
|
6,518
|
5,363
|
| Total costs and expenses |
35,181
|
35,504
|
107,351
|
102,776
|
| Interest expense on Automotive debt |
238
|
206
|
650
|
561
|
| Equity in net income of affiliated companies |
403
|
314
|
1,342
|
1,237
|
| Income before income taxes |
1,387
|
3,291
|
7,913
|
8,356
|
| Provision for/(Benefit from) income taxes |
426
|
1,099
|
2,525
|
2,849
|
| Net income |
961
|
2,192
|
5,388
|
5,507
|
| Less: Income/(Loss) attributable to noncontrolling interests |
4
|
0
|
9
|
2
|
| Net income attributable to Ford Motor Company |
$ 957
|
$ 2,192
|
$ 5,379
|
$ 5,505
|
| Basic income |
|
|
|
|
| Basic income (in dollars per share) |
$ 0.24
|
$ 0.55
|
$ 1.35
|
$ 1.39
|
| Diluted income |
|
|
|
|
| Diluted income (in dollars per share) |
0.24
|
0.55
|
1.35
|
1.38
|
| Cash dividends declared |
$ 0.15
|
$ 0.15
|
$ 0.70
|
$ 0.45
|
| Operating Segments [Member] | Non-Financial Services [Member] |
|
|
|
|
| Costs and expenses |
|
|
|
|
| Interest income and other income/(loss), net |
$ 328
|
$ 446
|
$ 1,121
|
$ 908
|
| Operating Segments [Member] | Financial Services [Member] |
|
|
|
|
| Revenues |
|
|
|
|
| Total revenues |
2,612
|
2,326
|
7,626
|
6,584
|
| Costs and expenses |
|
|
|
|
| Interest income and other income/(loss), net |
132
|
97
|
305
|
241
|
| Equity in net income of affiliated companies |
8
|
8
|
23
|
24
|
| Income before income taxes |
$ 552
|
$ 526
|
$ 1,436
|
$ 1,486
|