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CONSOLIDATED INCOME STATEMENT - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues        
Total revenues $ 39,392 $ 35,683 $ 114,058 $ 98,663
Costs and expenses        
Cost of sales 34,354 30,057 96,581 82,258
Selling, administrative, and other expenses 2,847 2,947 8,346 8,667
Total costs and expenses 38,888 34,341 109,343 94,879
Operating income/(loss) 504 1,342 4,715 3,784
Interest expense on Company debt excluding Ford Credit 321 439 941 1,365
Other income/(loss), net 1,318 852 (5,355) 3,883
Equity in net income/(loss) of affiliated companies (Note 10) (2,626) 130 (2,601) 260
Income/(Loss) before income taxes (1,125) 1,885 (4,182) 6,562
Provision for/(Benefit from) income taxes (195) 63 (771) 925
Net income/(loss) (930) 1,822 (3,411) 5,637
Less: Income/(Loss) attributable to noncontrolling interests (103) (10) (141) (18)
Net income/(loss) attributable to Ford Motor Company $ (827) $ 1,832 $ (3,270) $ 5,655
Basic income        
Basic income (in dollars per share) $ (0.21) $ 0.46 $ (0.81) $ 1.42
Diluted income        
Diluted income (in dollars per share) $ (0.21) $ 0.45 $ (0.81) $ 1.40
Weighted Average Number of Shares Outstanding, Basic 4,021 3,995 4,017 3,989
Weighted Average Number of Shares Outstanding, Diluted 4,021 4,036 4,017 4,027
Automotive        
Revenues        
Total revenues $ 37,194 $ 33,211 $ 107,214 $ 90,893
Ford Credit        
Revenues        
Total revenues 2,187 2,434 6,724 7,700
Costs and expenses        
Ford Credit interest, operating, and other expenses 1,687 1,337 4,416 3,954
Mobility        
Revenues        
Total revenues $ 11 $ 38 $ 120 $ 70