XML 51 R2.htm IDEA: XBRL DOCUMENT v3.19.1
CONSOLIDATED INCOME STATEMENT - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues    
Total revenues (Note 3) $ 40,342 $ 41,959
Costs and expenses    
Cost of sales 33,942 35,753
Selling, administrative, and other expenses 2,843 2,747
Ford Credit Costs 2,355 2,338
Total costs and expenses 39,140 40,838
Other income/(loss), net 628 863
Equity in net income of affiliated companies 25 224
Income before income taxes 1,610 1,919
Provision for/(Benefit from) income taxes 427 174
Net income 1,183 1,745
Less: Income/(Loss) attributable to noncontrolling interests 37 9
Net income attributable to Ford Motor Company $ 1,146 $ 1,736
Basic income    
Basic income (in dollars per share) $ 0.29 $ 0.44
Diluted income    
Diluted income (in dollars per share) $ 0.29 $ 0.43
Operating Segments [Member] | Automotive    
Revenue from Contract with Customer, Including Assessed Tax $ 37,239 $ 39,012
Revenues    
Total revenues (Note 3) 37,239 39,012
Costs and expenses    
Interest expense on Automotive debt 231 275
Equity in net income of affiliated companies 17 218
Income before income taxes 2,009 1,732
Operating Segments [Member] | Ford Credit [Member]    
Revenue from Contract with Customer, Including Assessed Tax 3,097 2,943
Revenues    
Total revenues (Note 3) 3,097 2,943
Costs and expenses    
Equity in net income of affiliated companies 6 6
Income before income taxes 801 641
Operating Segments [Member] | All Other    
Costs and expenses    
Interest expense on Automotive debt 14 14
Operating Segments [Member] | Mobility Segment [Member]    
Revenue from Contract with Customer, Including Assessed Tax 6 4
Revenues    
Total revenues (Note 3) 6 4
Costs and expenses    
Equity in net income of affiliated companies 2  
Income before income taxes $ (288) $ (102)