Segment Information (Tables)

3 Months Ended

Mar. 31, 2022

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Key financial information for the periods ended or at March 31 was as follows (in millions):


	Automotive		Mobility		Ford Credit		Corporate Other		Interest on Debt		Special Items			Adjustments			Total
First Quarter 2021
Revenues	$	33,554	$	11	$	2,663	$	—	$	—	$	—		$	—		$	36,228
Income/(Loss) before income taxes	3,397		(207)		962		(240)		(473)		503		(a)	—			3,942
Equity in net income/(loss) of affiliated companies	172		(60)		5		1		—		(39)		(a)	—			79
Total assets	65,633		3,612		146,349		46,492		—		—			(1,267)		(b)	260,819

First Quarter 2022
Revenues	$	32,111	$	84	$	2,281	$	—	$	—	$	—		$	—		$	34,476
Income/(Loss) before income taxes	1,891		(242)		928		(251)		(308)		(5,866)		(c)	—			(3,848)
Equity in net income/(loss) of affiliated companies	139		(75)		6		1		—		(104)		(d)	—			(33)
Total assets	72,437		3,501		132,582		45,130		—		—			(664)		(b)	252,986

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(a)Primarily reflects gains/(losses) on investments in equity securities (including a $902 million unrealized gain on our Rivian equity investment) and Global Redesign actions.

(b)Includes eliminations of intersegment transactions occurring in the ordinary course of business and deferred tax netting.

(c)Primarily reflects gains/(losses) on investments in equity securities (including a $5.4 billion unrealized loss on our Rivian equity investment).

(d)Primarily reflects the full impairment of our Ford Sollers Netherlands B.V. (the parent company of our joint venture in Russia) equity method investment, resulting from the ongoing regulatory and economic uncertainty in Russia.