Capital Stock and Earnings Per Share (Notes)

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

CAPITAL STOCK AND EARNINGS PER SHARE

CAPITAL STOCK AND EARNINGS/(LOSS) PER SHARE

Earnings/(Loss) Per Share Attributable to Ford Motor Company Common and Class B Stock

Basic and diluted earnings/(loss) per share were calculated using the following (in millions):

	Third Quarter				First Nine Months
	2022		2023		2022		2023
Net income/(loss) attributable to Ford Motor Company	$	(827)	$	1,199	$	(3,270)	$	4,873
Basic and Diluted Shares
Basic shares (average shares outstanding)	4,021		4,004		4,017		3,999
Net dilutive options, unvested restricted stock units, unvested restricted stock shares, and convertible debt (a)	—		46		—		41
Diluted shares	4,021		4,050		4,017		4,040

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(a)    In the third quarter and first nine months of 2022, there were 38 million and 42 million shares, respectively, excluded from the calculation of diluted earnings/(loss) per share, due to their anti-dilutive effect.