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Presentation Schedule of new accounting pronouncements and changes in accounting principles (Tables)
6 Months Ended
Jun. 30, 2018
Schedule of new accounting pronouncements and changes in accounting principles [Abstract]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]
The effect of this change on our consolidated financial statements was as follows (in millions except for per share amounts):
 
 
For the periods ended June 30, 2017
 
 
Second Quarter
 
First Half
 
 
Previously Reported
 
As Revised
 
Effect of Change
Higher/(Lower)
 
Previously Reported
 
As Revised
 
Effect of Change
Higher/(Lower)
Income Statement
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cost of Sales
 
$
33,349

 
$
33,342

 
$
(7
)
 
$
66,057

 
$
66,042

 
$
(15
)
Income before income taxes
 
2,259

 
2,266

 
7

 
4,502

 
4,517

 
15

Provision for/ (Benefit from) income taxes
 
209

 
211

 
2

 
858

 
863

 
5

Net income
 
2,050

 
2,055

 
5

 
3,644

 
3,654

 
10

Net income attributable to Ford Motor Company
 
2,042

 
2,047

 
5

 
3,629

 
3,639

 
10

Basic earning per share attributable to Ford Motor Company
 
0.51

 
0.51

 

 
0.91

 
0.92

 
0.01

Diluted earning per share attributable to Ford Motor Company
 
0.51

 
0.51

 

 
0.91

 
0.91

 

 
 
December 31, 2017
 
 
Previously Reported
 
As Revised
 
Effect of Change
Higher/(Lower)
Balance Sheet
 
 
 
 
 
 
 
 
 
 
 
 
 
Inventories
 
$
10,277

 
$
11,176

 
$
899

Deferred income taxes (assets)
 
10,973

 
10,762

 
(211
)
Retained earnings
 
21,218

 
21,906

 
688