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CONSOLIDATED AND SECTOR INCOME STATEMENT - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues    
Automotive $ 35,257 $ 31,800
Financial Services 2,461 2,100
Total revenues 37,718 33,900
Costs and expenses    
Automotive cost of sales 30,281 28,472
Selling, administrative and other expenses 3,823 3,465
Total costs and expenses 34,903 32,657
Automotive interest income and other income/(loss), net 404 190
Financial Services other income/(loss), net 91 74
Equity in net income/(loss) of affiliated companies 541 437
Income before income taxes 3,651 1,779
Provision for/(Benefit from) income taxes 1,196 625
Net income 2,455 1,154
Less: Income/(Loss) attributable to noncontrolling interests 3 1
Net income attributable to Ford Motor Company $ 2,452 $ 1,153
Basic income    
Basic income (in dollars per share) $ 0.62 $ 0.29
Diluted income    
Diluted income (in dollars per share) 0.61 0.29
Cash dividends declared $ 0.40 $ 0.15
Automotive [Member]    
Revenues    
Automotive $ 35,257 $ 31,800
Costs and expenses    
Automotive cost of sales 30,281 28,472
Selling, administrative and other expenses 2,562 2,472
Total costs and expenses 32,843 30,944
Interest expense 200 165
Automotive interest income and other income/(loss), net 404 190
Equity in net income/(loss) of affiliated companies 534 429
Income before income taxes 3,152 1,310
Financial Services [Member]    
Revenues    
Financial Services 2,461 2,100
Costs and expenses    
Interest expense 658 647
Depreciation on vehicles subject to operating leases 1,014 816
Operating and other expenses 247 177
Financial Services provision for credit and insurance losses 141 73
Total costs and expenses 2,060 1,713
Financial Services other income/(loss), net 91 74
Equity in net income/(loss) of affiliated companies 7 8
Income before income taxes $ 499 $ 469