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CONSOLIDATED INCOME STATEMENT - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues        
Ford Credit $ 3,009 $ 2,738 $ 5,952 $ 5,407
Total revenues (Note 3) 38,920 39,853 80,879 78,999
Costs and expenses        
Cost of sales 33,194 33,342 68,947 66,042
Selling, administrative, and other expenses 2,778 2,756 5,525 5,520
Ford Credit interest, operating, and other expenses 2,362 2,203 4,700 4,421
Total costs and expenses 38,334 38,301 79,172 75,983
Interest expense on Automotive debt 287 277    
Other income/(loss), net 1,004 732 1,867 1,466
Equity in net income of affiliated companies 60 273 284 619
Income before income taxes 1,349 2,266 3,268 4,517
Provision for/(Benefit from) income taxes 280 211 454 863
Net income 1,069 2,055 2,814 3,654
Less: Income/(Loss) attributable to noncontrolling interests 3 8 12 15
Net income attributable to Ford Motor Company $ 1,066 $ 2,047 $ 2,802 $ 3,639
Basic income        
Basic income (in dollars per share) $ 0.27 $ 0.51 $ 0.70 $ 0.92
Diluted income        
Diluted income (in dollars per share) 0.27 0.51 0.70 0.91
Cash dividends declared $ 0.15 $ 0.15 $ 0.43 $ 0.35
Operating Segments [Member] | Automotive        
Revenues        
Revenues $ 35,905 $ 37,113 $ 74,917 $ 73,588
Total revenues (Note 3) 35,905 37,113 74,917 73,588
Costs and expenses        
Interest expense on Automotive debt     562 556
Equity in net income of affiliated companies 54 266 272 605
Income before income taxes 1,157 2,395 2,889 4,570
Operating Segments [Member] | All Other        
Revenues        
Revenues 6 2    
Costs and expenses        
Interest expense on Automotive debt 14 14 28 28
Operating Segments [Member] | Mobility Segment [Member]        
Revenues        
Revenues     10 4
Total revenues (Note 3) 6 2 10 4
Costs and expenses        
Equity in net income of affiliated companies   (1)   (1)
Income before income taxes $ (181) $ (63) $ (283) $ (127)