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CONSOLIDATED INCOME STATEMENT - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues      
Revenue from Contract with Customer, Excluding Assessed Tax $ 155,900 $ 160,338 $ 156,776
Costs and expenses      
Cost of sales 134,693 136,269 131,321
Selling, administrative, and other expenses 11,161 11,403 11,527
Total costs and expenses 155,326 157,135 151,895
Operating income 574 3,203 4,881
Interest Expense, Debt 57 57 57
Interest expense 5,409 5,157 4,364
Other income/(loss), net (Note 5) (226) 2,247 3,267
Equity in net income of affiliated companies 32 123 1,201
Income/(Loss) before income taxes (640) 4,345 8,159
Provision for/(Benefit from) income taxes (Note 7) (724) 650 402
Net income 84 3,695 7,757
Less: Income attributable to noncontrolling interests 37 18 26
Net income attributable to Ford Motor Company $ 47 $ 3,677 $ 7,731
Basic income      
Basic income (in dollars per share) $ 0.01 $ 0.93 $ 1.94
Diluted income      
Diluted income (in dollars per share) $ 0.01 $ 0.92 $ 1.93
Basic shares (average shares outstanding) 3,972 3,974 3,975
Diluted shares 4,004 3,998 3,998
Operating Segments | Automotive      
Revenues      
Revenue from Contract with Customer, Excluding Assessed Tax $ 143,599 $ 148,294 $ 145,653
Costs and expenses      
Interest Expense, Debt 963 1,171 1,133
Interest expense 0 0 0
Equity in net income of affiliated companies (11) 95 1,169
Income/(Loss) before income taxes 4,926 5,422 8,084
Operating Segments | Ford Credit      
Revenues      
Revenue from Contract with Customer, Excluding Assessed Tax 12,260 12,018 11,113
Costs and expenses      
Ford Credit interest, operating, and other expenses 9,472 9,463 9,047
Interest expense 4,389 3,929 3,174
Equity in net income of affiliated companies 31 28 32
Income/(Loss) before income taxes 2,998 2,627 2,310
Operating Segments | Mobility      
Revenues      
Revenue from Contract with Customer, Excluding Assessed Tax 41 26 10
Costs and expenses      
Interest expense 0 0 0
Equity in net income of affiliated companies 12 0 0
Income/(Loss) before income taxes $ (1,186) $ (674) $ (299)