Capital Stock and Earnings Per Share (Notes)

9 Months Ended

Sep. 30, 2015

Stockholders' Equity Note [Abstract]

CAPITAL STOCK AND EARNINGS PER SHARE

CAPITAL STOCK AND EARNINGS PER SHARE

Earnings Per Share Attributable to Ford Motor Company Common and Class B Stock

Basic and diluted income per share were calculated using the following (in millions):

	Third Quarter				First Nine Months
	2015		2014		2015		2014
Basic and Diluted Income Attributable to Ford Motor Company
Basic income	$	1,909	$	835	$	4,718	$	3,135
Effect of dilutive 2016 Convertible Notes (a) (b)	—		12		—		36
Diluted income	$	1,909	$	847	$	4,718	$	3,171
Basic and Diluted Shares
Basic shares (average shares outstanding)	3,969		3,861		3,968		3,915
Net dilutive options and unvested restricted stock units	30		48		34		47
Dilutive 2016 Convertible Notes (b)	—		101		—		100
Diluted shares	3,999		4,010		4,002		4,062

__________

(a) As applicable, includes interest expense, amortization of discount, amortization of fees, and other changes in income or loss that would result from the assumed conversion.

(b) In October 2014, we elected to terminate the conversion rights of holders under the 2016 Convertible Notes in accordance with their terms effective as of the close of business on November 20, 2014. On November 21, 2014, we redeemed for cash the remaining outstanding 2016 Convertible Notes.