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CONSOLIDATED INCOME STATEMENT - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues      
Total revenues (Note 4) $ 176,191 $ 158,057 $ 136,341
Costs and expenses      
Cost of sales 150,550 134,397 114,651
Selling, administrative, and other expenses 10,702 10,888 11,915
Total costs and expenses 170,733 151,781 131,818
Operating income/(loss) 5,458 6,276 4,523
Interest Expense, Other 1,302 1,259 1,803
Other income/(loss), net (Note 5) (603) (5,150) 14,733
Equity in net income/(loss) of affiliated companies (Note 14) 414 (2,883) 327
Income/(Loss) before income taxes 3,967 (3,016) 17,780
Provision for/(Benefit from) income taxes (Note 7) (362) (864) (130)
Net income/(loss) 4,329 (2,152) 17,910
Less: Income/(Loss) attributable to noncontrolling interests (18) (171) (27)
Net income/(loss) attributable to Ford Motor Company $ 4,347 $ (1,981) $ 17,937
Basic income      
Basic income (in dollars per share) $ 1.09 $ (0.49) $ 4.49
Diluted income      
Diluted income (in dollars per share) $ 1.08 $ (0.49) $ 4.45
Basic shares (average shares outstanding) 3,998 4,014 3,991
Diluted shares 4,041 4,014 4,034
Company excluding Ford Credit      
Revenues      
Total revenues (Note 4) $ 165,901 $ 149,079 $ 126,268
Ford Credit      
Revenues      
Total revenues (Note 4) 10,290 8,978 10,073
Costs and expenses      
Ford Credit interest, operating, and other expenses $ 9,481 $ 6,496 $ 5,252