Fiscal period | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
Period End Date | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 |
Automotive sales | 172,706.00 | 165,901.00 | 148,980.00 | 126,150.00 | 115,885.00 | 143,599.00 | 148,294.00 | 145,653.00 | 141,546.00 | 140,566.00 |
Financial Services revenues | 12,286.00 | 10,290.00 | 8,978.00 | 10,073.00 | 11,203.00 | 12,260.00 | 12,018.00 | 11,113.00 | 10,253.00 | 8,992.00 |
Revenue- Mobility/Other revenues | -- | -- | 99.00 | 118.00 | 56.00 | 41.00 | 26.00 | 10.00 | 1.00 | -- |
Total sales and revenues | 184,992.00 | 176,191.00 | 158,057.00 | 136,341.00 | 127,144.00 | 155,900.00 | 160,338.00 | 156,776.00 | 151,800.00 | 149,558.00 |
Cost of sales | 158,434.00 | 150,550.00 | 134,397.00 | 114,651.00 | 112,752.00 | 134,693.00 | 136,269.00 | 131,332.00 | 126,584.00 | 124,041.00 |
Financial Services:Depreciation | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Goodwill impairment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Selling, administrative and other expenses | 10,287.00 | 10,702.00 | 10,888.00 | 11,915.00 | 10,193.00 | 11,161.00 | 11,403.00 | 11,527.00 | 12,196.00 | 14,999.00 |
Financial Services:Operating and other expenses | 11,052.00 | 9,481.00 | 6,496.00 | 5,252.00 | 8,607.00 | 9,472.00 | 9,463.00 | -- | -- | -- |
Financial Services provision for credit and insurance losses | -- | -- | -- | -- | -- | -- | -- | -- | -- | (417.00) |
Total costs and expenses | 179,773.00 | 170,733.00 | 151,781.00 | 131,818.00 | 131,552.00 | 155,326.00 | -- | -- | -- | -- |
Operating income | 5,219.00 | 5,458.00 | 6,276.00 | 4,523.00 | (4,408.00) | 574.00 | -- | -- | -- | -- |
Interest expense | 1,115.00 | 1,302.00 | 1,259.00 | -- | 46.00 | 57.00 | 57.00 | -- | -- | -- |
Financial Services:Interest expense | -- | -- | -- | -- | -- | -- | -- | 9,104.00 | 8,904.00 | 2,454.00 |
Automotive interest expense | -- | -- | -- | 1,803.00 | 1,603.00 | 963.00 | 1,171.00 | 1,133.00 | 894.00 | 773.00 |
Gain on sale of The Hertz Corporation | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Equity in net income/(loss) of affiliated companies | 678.00 | 414.00 | (2,883.00) | 327.00 | 42.00 | 32.00 | 123.00 | 1,201.00 | 1,780.00 | 1,818.00 |
Interest income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Automotive interest income and other non-operating income/(expense), net | -- | -- | -- | -- | -- | -- | -- | -- | 1,356.00 | 1,188.00 |
Financial Services other income/(loss), net | -- | -- | -- | -- | -- | -- | -- | 207.00 | 438.00 | 372.00 |
Non-Financial Services other income/(loss), net | 2,451.00 | (603.00) | (5,150.00) | 14,733.00 | 4,899.00 | (226.00) | 2,247.00 | 3,060.00 | -- | -- |
Income (loss) before income taxes | 7,233.00 | 3,967.00 | (3,016.00) | 17,780.00 | (1,116.00) | (640.00) | 4,345.00 | 8,148.00 | 6,796.00 | 10,252.00 |
Deferred:Federal | 25.00 | (413.00) | (2,292.00) | 2,290.00 | (523.00) | (1,190.00) | (360.00) | (1,096.00) | 1,323.00 | 1,494.00 |
Current:State and local | 107.00 | 229.00 | 123.00 | 26.00 | (45.00) | 33.00 | (6.00) | 85.00 | 12.00 | 17.00 |
Deferred:State and local | 35.00 | (39.00) | (232.00) | 108.00 | 29.00 | (134.00) | 12.00 | 195.00 | 225.00 | 251.00 |
Deferred:Non-U.S | 303.00 | (1,149.00) | 688.00 | (3,254.00) | 168.00 | (70.00) | 239.00 | 593.00 | 121.00 | 472.00 |
Current :Federal | 78.00 | 62.00 | 68.00 | 102.00 | (23.00) | (101.00) | 75.00 | (125.00) | (122.00) | 75.00 |
Current :Non-U.S | 791.00 | 948.00 | 781.00 | 598.00 | 554.00 | 738.00 | 690.00 | 868.00 | 630.00 | 572.00 |
Provision for/(Benefit from) income taxes | 1,339.00 | (362.00) | (864.00) | (130.00) | 160.00 | (724.00) | 650.00 | 520.00 | 2,189.00 | 2,881.00 |
Minority interests in net income/(loss) of subsidiaries | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income (loss) from Continuing Operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income/(loss) from discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income/(loss) from discontinued/held-for-sale operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Loss on disposal of discontinued/held-for-sale operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income/(loss) before cumulative effects of changes in accounting principles | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Cumulative effects of changes in accounting principles | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net income/(loss) before attribution of noncontrolling interests | 5,894.00 | 4,329.00 | (2,152.00) | 17,910.00 | (1,276.00) | 84.00 | 3,695.00 | 7,628.00 | 4,607.00 | 7,371.00 |
Less: Income/(Loss) attributable to noncontrolling interests | 15.00 | (18.00) | (171.00) | (27.00) | 3.00 | 37.00 | 18.00 | 26.00 | 11.00 | (2.00) |
Preferred stock dividends | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net income (loss) attributable to Ford Motor Company | 5,879.00 | 4,347.00 | (1,981.00) | 17,937.00 | (1,279.00) | 47.00 | 3,677.00 | 7,602.00 | 4,596.00 | 7,373.00 |
Effect of dilutive 2016 Convertible Notes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Effect of dilutive 2036 Convertible Notes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Effect of dilutive Trust Preferred Securities | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Diluted income/(loss) from continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Effect of dilutive senior convertible notes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Effect of dilutive 6.50% Cumulative Convertible Trust Preferred Securities ("Trust Preferred Securities") | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
EPS (BASIC): Income/(loss) from continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income/(loss) from discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Loss on disposal of discontinued/held-for-sale operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income/(loss) from discontinued/held-for-sale operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Cumulative effects of changes in accounting principles | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net income (loss) Basic | 1.48 | 1.09 | (0.49) | 4.49 | (0.32) | 0.01 | 0.93 | 1.91 | 1.16 | 1.86 |
EPS (DILUTED): Income/(loss) from continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income/(loss) from discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Loss on disposal of discontinued/held-for-sale operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income/(loss) from discontinued/held-for-sale operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Cumulative effects of changes in accounting principles | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net income (loss) Diluted | 1.46 | 1.08 | (0.49) | 4.45 | (0.32) | 0.01 | 0.92 | 1.90 | 1.15 | 1.84 |
Average number of shares of Common and Class B stock outstanding | 3,978.00 | 3,998.00 | 4,014.00 | 3,991.00 | 3,973.00 | 3,972.00 | 3,974.00 | 3,975.00 | 3,973.00 | 3,969.00 |
Average number of shares of Common and Class B stock outstanding | 4,021.00 | 4,041.00 | 4,014.00 | 4,034.00 | 3,973.00 | 4,004.00 | 3,998.00 | 3,998.00 | 3,999.00 | 4,002.00 |