Segment Information (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

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

Key financial information for the periods ended or at September 30 was as follows (in millions):

	Automotive		Mobility		Ford Credit		Corporate Other		Interest on Debt		Special Items			Adjustments			Total
Third Quarter 2021
Revenues	$	33,211	$	38	$	2,434	$	—	$	—	$	—		$	—		$	35,683
Income/(Loss) before income taxes	2,456		(271)		1,077		(269)		(439)		(669)		(a)	—			1,885
Equity in net income/(loss) of affiliated companies	185		(68)		9		—		—		4			—			130
Total assets	68,291		3,471		135,385		46,695		—		—			(1,165)		(b)	252,677
Third Quarter 2022
Revenues	$	37,194	$	11	$	2,187	$	—	$	—	$	—		$	—		$	39,392
Income/(Loss) before income taxes	1,698		(244)		599		(250)		(321)		(2,607)		(c)	—			(1,125)
Equity in net income/(loss) of affiliated companies	185		(87)		8		—		—		(2,732)		(e)	—			(2,626)
Total assets	71,983		415		127,088		48,432		—		—			(999)		(b)	246,919
	Automotive		Mobility		Ford Credit		Corporate Other		Interest on Debt		Special Items			Adjustments			Total
First Nine Months 2021
Revenues	$	90,893	$	70	$	7,700	$	—	$	—	$	—		$	—		$	98,663
Income/(loss) before income taxes	5,756		(688)		3,662		(772)		(1,365)		(31)		(d)	—			6,562
Equity in net income/(loss) of affiliated companies	434		(191)		23		1		—		(7)			—			260
First Nine Months 2022
Revenues	$	107,214	$	120	$	6,724	$	—	$	—	$	—		$	—		$	114,058
Income/(loss) before income taxes	6,911		(707)		2,466		(819)		(941)		(11,092)		(c)	—			(4,182)
Equity in net income/(loss) of affiliated companies	481		(245)		18		1		—		(2,856)		(e)	—			(2,601)

__________

(a)Primarily reflects Global Redesign actions, mark-to-market adjustments for our global pension and OPEB plans, and gains/(losses) on investments in equity securities.

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

(c)Primarily reflects gains/(losses) on our Rivian investment and the impairment of our Argo AI equity method investment.

(d)Primarily reflects gains on our Rivian investment, Global Redesign actions, and mark-to-market adjustments for our global pension and OPEB plans.

(e)Primarily reflects the impairment of our Argo AI equity method investment.