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CONSOLIDATED INCOME STATEMENT - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues        
Total revenues $ 35,683 $ 37,501 $ 98,663 $ 91,192
Costs and expenses        
Cost of sales 30,057 31,223 82,258 79,677
Selling, administrative, and other expenses 2,947 2,266 8,667 6,663
Total costs and expenses 34,341 35,150 94,879 93,158
Operating income/(loss) 1,342 2,351 3,784 (1,966)
Interest expense on Company debt excluding Ford Credit 439 498 1,365 1,175
Other income/(loss), net 852 845 3,883 5,843
Equity in net income/(loss) of affiliated companies 130 58 260 (8)
Income/(Loss) before income taxes 1,885 2,756 6,562 2,694
Provision for/(Benefit from) income taxes 63 366 925 1,179
Net income/(loss) 1,822 2,390 5,637 1,515
Less: Income/(Loss) attributable to noncontrolling interests (10) 5 (18) 6
Net income/(loss) attributable to Ford Motor Company $ 1,832 $ 2,385 $ 5,655 $ 1,509
Basic income        
Basic income (in dollars per share) $ 0.46 $ 0.60 $ 1.42 $ 0.38
Diluted income        
Diluted income (in dollars per share) $ 0.45 $ 0.60 $ 1.40 $ 0.38
Weighted Average Number of Shares Outstanding, Basic 3,995 3,976 3,989 3,971
Weighted Average Number of Shares Outstanding, Diluted 4,036 4,005 4,027 3,997
Automotive        
Revenues        
Total revenues $ 33,211 $ 34,710 $ 90,893 $ 82,677
Ford Credit        
Revenues        
Total revenues 2,434 2,774 7,700 8,480
Costs and expenses        
Ford Credit interest, operating, and other expenses 1,337 1,661 3,954 6,818
Mobility        
Revenues        
Total revenues $ 38 $ 17 $ 70 $ 35