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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Fair And Intrinsic Value Of Restricted Stock Units [Table Text Block]
The fair value of vested RSUs and RSSs as well as the compensation cost for the years ended December 31 was as follows (in millions):
 
2017
 
2018
 
2019
Fair value of vested shares
$
175

 
$
187

 
$
231

Compensation cost (a)
193

 
162

 
190


__________
(a)
Net of tax benefit of $52 million, $29 million, and $38 million in 2017, 2018, and 2019, respectively.
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] Inputs and assumptions used to calculate the fair value at grant date were as follows:
 
2017
 
2018
 
2019
Fair value per stock award
$
12.44

 
$
9.03

 
$
9.66

Grant date stock price
12.66

 
10.40

 
8.81

Assumptions:
 
 
 
 
 
Ford’s stock price expected volatility (a)
23.4
%
 
22.9
%
 
24.1
%
Expected average volatility of peer companies (a)
26.0

 
25.4

 
25.8

Risk-free interest rate
1.57

 
2.46

 
2.57

Dividend yield
4.74

 
             N/A
 
             N/A
__________
(a)
Expected volatility based on three years of daily closing share price changes ending on the grant date.
Restricted Stock Units Activity [Table Text Block]
During 2019, activity for RSUs and RSSs was as follows (in millions, except for weighted average fair value):
 
Shares
 
Weighted-
Average Fair Value
Outstanding, beginning of year
64.1

 
$
10.80

Granted (a)
31.2

 
8.99

Vested (a)
(20.0
)
 
11.56

Forfeited
(6.0
)
 
12.24

Outstanding, end of year (b)
69.3

 
9.90


__________
(a)
Includes shares awarded to non-employee directors.
(b)
Excludes 848,168 non-employee director shares that were vested, but unissued at December 31, 2019.