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CONSOLIDATED INCOME STATEMENT - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues        
Financial Services $ 2,738 $ 2,553 $ 5,407 $ 5,014
Total revenues (Note 3) 39,853 39,485 78,999 77,203
Costs and expenses        
Cost of sales 33,349 32,522 66,057 63,039
Selling, administrative, and other expenses 2,756 2,784 5,520 5,474
Financial Services interest, operating, and other expenses 2,217 2,258 4,449 4,318
Total costs and expenses 38,322 37,564 76,026 72,831
Interest expense on Automotive debt 277 212 556 412
Equity in net income of affiliated companies 273 398 619 939
Income before income taxes 2,259 2,875 4,502 6,526
Provision for/(Benefit from) income taxes 209 903 858 2,099
Net income 2,050 1,972 3,644 4,427
Less: Income/(Loss) attributable to noncontrolling interests 8 2 15 5
Net income attributable to Ford Motor Company $ 2,042 $ 1,970 $ 3,629 $ 4,422
Basic income        
Basic income (in dollars per share) $ 0.51 $ 0.50 $ 0.91 $ 1.11
Diluted income        
Diluted income (in dollars per share) 0.51 0.49 0.91 1.11
Cash dividends declared $ 0.15 $ 0.15 $ 0.35 $ 0.55
Operating Segments [Member] | Automotive        
Revenues        
Revenues $ 37,113 $ 36,932 $ 73,588 $ 72,189
Total revenues (Note 3) 37,113 36,932 73,588 72,189
Costs and expenses        
Equity in net income of affiliated companies 266 390 605 924
Income before income taxes 2,191 2,832 4,156 6,296
Operating Segments [Member] | Financial Services        
Revenues        
Total revenues (Note 3) 2,738 2,553 5,407 5,014
Costs and expenses        
Other income/(loss), net 74 82 96 173
Equity in net income of affiliated companies 8 8 15 15
Income before income taxes 603 385 1,069 884
Operating Segments [Member] | All Other        
Revenues        
Revenues 2 0 4 0
Total revenues (Note 3) 2   4 0
Costs and expenses        
Equity in net income of affiliated companies (1)   (1) 0
Income before income taxes (287) (224) (499) (350)
Operating Segments [Member] | Non-Financial Services        
Costs and expenses        
Other income/(loss), net $ 658 $ 686 $ 1,370 $ 1,454