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Accumulated Other Comprehensive Income/(Loss)
 12 Months Ended
Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

The changes in the balances for each component of accumulated other comprehensive income/(loss) attributable to Ford Motor Company for the years ended December 31 were as follows (in millions):
 
2017
 
2018
 
2019
Foreign currency translation
 
 
 
 
 
Beginning balance
$
(4,593
)
 
$
(4,277
)
 
$
(4,800
)
Gains/(Losses) on foreign currency translation
38

 
(435
)
 
181

Less: Tax/(Tax benefit) (a)
(294
)
 
91

 
6

Net gains/(losses) on foreign currency translation
332

 
(526
)
 
175

(Gains)/Losses reclassified from AOCI to net income (b)
(16
)
 
3

 
(1
)
Other comprehensive income/(loss), net of tax
316

 
(523
)
 
174

Ending balance
$
(4,277
)
 
$
(4,800
)
 
$
(4,626
)
 
 
 
 
 
 
Marketable securities
 
 
 
 
 
Beginning balance
$
(14
)
 
$
(48
)
 
$
(59
)
Gains/(Losses) on available for sale securities
(53
)
 
(37
)
 
173

Less: Tax/(Tax benefit)
(15
)
 
(8
)
 
40

Net gains/(losses) on available for sale securities
(38
)
 
(29
)
 
133

(Gains)/Losses reclassified from AOCI to net income
5

 
20

 
(3
)
Less: Tax/(Tax benefit)
1

 
2

 
—

Net (gains)/losses reclassified from AOCI to net income
4

 
18

 
(3
)
Other comprehensive income/(loss), net of tax
(34
)
 
(11
)
 
130

Ending balance
$
(48
)
 
$
(59
)
 
$
71

 
 
 
 
 
 
Derivative instruments
 
 
 
 
 
Beginning balance
$
283

 
$
18

 
$
201

Gains/(Losses) on derivative instruments
134

 
288

 
(875
)
Less: Tax/(Tax benefit)
80

 
65

 
(180
)
Net gains/(losses) on derivative instruments
54

 
223

 
(695
)
(Gains)/Losses reclassified from AOCI to net income
(456
)
 
(50
)
 
3

Less: Tax/(Tax benefit)
(137
)
 
(10
)
 
(3
)
Net (gains)/losses reclassified from AOCI to net income (c)
(319
)
 
(40
)
 
6

Other comprehensive income/(loss), net of tax
(265
)
 
183

 
(689
)
Ending balance
$
18

 
$
201

 
$
(488
)
 
 
 
 
 
 
Pension and other postretirement benefits
 
 
 
 
 
Beginning balance
$
(2,689
)
 
$
(2,652
)
 
$
(2,708
)
Prior service (costs)/credits arising during the period
5

 
(135
)
 
(15
)
Less: Tax/(Tax benefit)
—

 
(23
)
 
(2
)
Net prior service (costs)/credits arising during the period
5

 
(112
)
 
(13
)
Amortization and recognition of prior service costs/(credits) (d)
60

 
59

 
50

Less: Tax/(Tax benefit)
20

 
13

 
10

Net prior service costs/(credits) reclassified from AOCI to net income
40

 
46

 
40

Translation impact on non-U.S. plans
(8
)
 
10

 
(4
)
Other comprehensive income/(loss), net of tax
37

 
(56
)
 
23

Ending balance
$
(2,652
)
 
$
(2,708
)
 
$
(2,685
)
 
 
 
 
 
 
Total AOCI ending balance at December 31
$
(6,959
)
 
$
(7,366
)
 
$
(7,728
)
__________
(a)
We do not recognize deferred taxes for a majority of the foreign currency translation gains and losses because we do not anticipate reversal in the foreseeable future. However, we have made elections to tax certain non-U.S. operations simultaneously in U.S. tax returns, and have recorded deferred taxes for temporary differences that will reverse, independent of repatriation plans, on U.S. tax returns. Taxes or tax benefits resulting from foreign currency translation of the temporary differences are recorded in Other comprehensive income/(loss), net of tax.
(b)
Reclassified to Other income/(loss), net.
(c)
Reclassified to Cost of sales. During the next twelve months we expect to reclassify existing net losses on cash flow hedges of $344 million. See Note 21 for additional information.
(d)
Amortization and recognition of prior service costs/(credits) is included in the computation of net periodic pension cost/(income). See Note 18 for additional information.