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CONSOLIDATED INCOME STATEMENT - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues    
Total revenues (Note 3) $ 34,320 $ 40,342
Costs and expenses    
Cost of sales 30,522 33,942
Selling, administrative, and other expenses 2,432 2,843
Total costs and expenses 35,878 39,140
Operating income/(loss) (1,558) 1,202
Other income/(loss), net 680 628
Equity in net income/(loss) of affiliated companies (41) 25
Income/(Loss) before income taxes (1,146) 1,610
Provision for/(Benefit from) income taxes 847 427
Net income/(loss) (1,993) 1,183
Less: Income/(Loss) attributable to noncontrolling interests 0 37
Net income/(loss) attributable to Ford Motor Company $ (1,993) $ 1,146
Basic income    
Basic income (in dollars per share) $ (0.50) $ 0.29
Diluted income    
Diluted income (in dollars per share) $ (0.50) $ 0.29
Weighted Average Number of Shares Outstanding, Basic 3,963 3,973
Weighted Average Number of Shares Outstanding, Diluted 3,963 3,997
Operating Segments | Automotive    
Revenue from Contract with Customer, Including Assessed Tax $ 31,340 $ 37,239
Revenues    
Total revenues (Note 3) 31,340 37,239
Costs and expenses    
Interest expense on Automotive debt 214 231
Equity in net income/(loss) of affiliated companies (47) 17
Income/(Loss) before income taxes (177) 2,009
Operating Segments | Ford Credit    
Revenue from Contract with Customer, Including Assessed Tax 2,967 3,097
Revenues    
Total revenues (Note 3) 2,967 3,097
Costs and expenses    
Ford Credit interest, operating, and other expenses 2,924 2,355
Equity in net income/(loss) of affiliated companies 6 6
Income/(Loss) before income taxes 30 801
Operating Segments | All Other    
Costs and expenses    
Interest expense on Automotive debt 13 14
Operating Segments | Mobility    
Revenue from Contract with Customer, Including Assessed Tax 13 6
Revenues    
Total revenues (Note 3) 13 6
Costs and expenses    
Equity in net income/(loss) of affiliated companies 0 2
Income/(Loss) before income taxes $ (334) $ (288)