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CONSOLIDATED INCOME STATEMENT - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Total revenues (Note 3) $ 38,853 $ 38,920 $ 79,195 $ 80,879
Costs and expenses        
Cost of sales 33,657 33,194 67,599 68,947
Selling, administrative, and other expenses 2,725 2,778 5,568 5,525
Total costs and expenses 38,763 38,334 77,903 79,172
Other income/(loss), net 272 1,004 900 1,867
Equity in net income of affiliated companies 87 60 112 284
Income before income taxes 205 1,349 1,815 3,268
Provision for/(Benefit from) income taxes 55 280 482 454
Net income 150 1,069 1,333 2,814
Less: Income/(Loss) attributable to noncontrolling interests 2 3 39 12
Net income attributable to Ford Motor Company $ 148 $ 1,066 $ 1,294 $ 2,802
Basic income        
Basic income (in dollars per share) $ 0.04 $ 0.27 $ 0.33 $ 0.70
Diluted income        
Diluted income (in dollars per share) $ 0.04 $ 0.27 $ 0.32 $ 0.70
Weighted Average Number of Shares Outstanding, Basic 3,984 3,977 3,979 3,976
Weighted Average Number of Shares Outstanding, Diluted 4,013 3,999 4,005 3,998
Operating Segments | Automotive        
Revenue from Contract with Customer, Including Assessed Tax $ 35,758 $ 35,905 $ 72,997 $ 74,917
Revenues        
Total revenues (Note 3) 35,758 35,905 72,997 74,917
Costs and expenses        
Interest expense on Automotive debt 230 287 461 562
Equity in net income of affiliated companies 72 54 89 272
Income before income taxes 1,373 1,157 3,382 2,889
Operating Segments | Ford Credit        
Revenue from Contract with Customer, Including Assessed Tax 3,089 3,009 6,186 5,952
Revenues        
Total revenues (Note 3) 3,089 3,009 6,186 5,952
Costs and expenses        
Financing Interest Expense 2,381 2,362 4,736 4,700
Equity in net income of affiliated companies 8 6 14 12
Income before income taxes 831 645 1,632 1,286
Operating Segments | All Other        
Costs and expenses        
Interest expense on Automotive debt 14 14 28 28
Operating Segments | Mobility        
Revenue from Contract with Customer, Including Assessed Tax 6 6 12 10
Revenues        
Total revenues (Note 3) 6 6 12 10
Costs and expenses        
Equity in net income of affiliated companies 7 0 9 0
Income before income taxes $ (264) $ (181) $ (552) $ (283)