Segment Information (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Key financial information for the years ended or at December 31 was as follows (in millions):


	Automotive		Mobility		Ford Credit		Corporate Other		Interest on Debt		Special Items			Adjustments			Total
2019
Revenues	$	143,604	$	36	$	12,260	$	—	$	—	$	—		$	—		$	155,900
Income/(Loss) before income taxes	4,888		(941)		2,998		(688)		(1,020)		(5,877)		(a)	—			(640)
Depreciation and tooling amortization	5,494		8		3,666		47		—		1,278			—			10,493
Interest expense	—		—		4,389		—		1,020		—			—			5,409
Investment-related interest income	167		—		306		336		—		—			—			809
Equity in net income/(loss) of affiliated companies	83		—		31		2		—		(84)		(b)	—			32
Cash outflow for capital spending	7,362		23		52		195		—		—			—			7,632
Total assets	63,586		419		160,964		36,190		—		—			(2,622)		(c)	258,537

2020
Revenues	$	115,894	$	47	$	11,203	$	—	$	—	$	—		$	—		$	127,144
Income/(Loss) before income taxes	1,706		(1,052)		2,608		(726)		(1,649)		(2,003)		(d)	—			(1,116)
Depreciation and tooling amortization	5,209		8		3,269		52		—		236			—			8,774
Interest expense	—		—		3,402		—		1,649		—			—			5,051
Investment-related interest income	158		—		94		200		—		—			—			452
Equity in net income/(loss) of affiliated companies	296		(133)		20		1		—		(142)		(b)	—			42
Cash outflow for capital spending	5,483		44		40		175		—		—			—			5,742
Total assets	62,741		3,459		157,637		45,410		—		—			(1,986)		(c)	267,261

2021
Revenues	$	126,150	$	118	$	10,073	$	—	$	—	$	—		$	—		$	136,341
Income/(Loss) before income taxes	7,397		(1,030)		4,717		(1,084)		(1,803)		9,583		(e)	—			17,780
Depreciation and tooling amortization	5,024		8		1,666		53		—		567			—			7,318
Interest expense	—		—		2,790		—		1,803		—			—			4,593
Investment-related interest income	112		—		38		104		—		—			—			254
Equity in net income/(loss) of affiliated companies	567		(258)		31		2		—		(15)			—			327
Cash outflow for capital spending	5,979		46		44		158		—		—			—			6,227
Total assets	68,969		3,325		134,428		51,730		—		—			(1,417)		(c)	257,035

__________

(a)Primarily reflects Global Redesign actions in Europe and mark-to-market adjustments for our global pension and OPEB plans. Prior period amounts have been reclassified in accordance with special item reporting.

(b)Prior period amounts have been reclassified in accordance with special item reporting.

(c)Primarily includes eliminations of intersegment transactions occurring in the ordinary course of business. Prior period amounts have been revised to reflect adoption of ASU 2019-12.

(d)Primarily reflects Global Redesign actions in South America and Europe, mark-to-market adjustments for our global pension and OPEB plans, and the field service action for Takata airbag inflators, partially offset by the gain on our investment in Argo AI as a result of the transaction with Argo AI and VW in the second quarter of 2020. Prior period amounts have been reclassified in accordance with special item reporting.

(e)Primarily reflects gains/(losses) on investments in equity securities (including a $9.1 billion gain on our Rivian equity investment) and mark-to-market adjustments for our global pension and OPEB plans, partially offset by Global Redesign actions and the loss on extinguishment of debt.

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]

Total Company revenues and long-lived assets, split geographically by our country of domicile (the United States) and other countries where our major subsidiaries are domiciled, for the years ended December 31 were as follows (in millions):


	2019				2020				2021
	Revenues		Long-Lived Assets (a)		Revenues		Long-Lived Assets (a)		Revenues		Long-Lived Assets (a)
United States	$	98,729	$	46,434	$	82,535	$	45,360	$	87,012	$	44,271
Canada	10,855		4,842		8,711		5,111		11,153		5,773
Germany	7,930		3,225		6,526		3,197		6,237		2,708
United Kingdom	8,899		1,541		6,110		1,401		7,607		1,383
Mexico	1,451		2,909		1,030		3,669		1,440		3,903
All Other	28,036		6,748		22,232		6,296		22,892		5,462
Total Company	$	155,900	$	65,699	$	127,144	$	65,034	$	136,341	$	63,500

__________

(a) Includes Net property and Net investment in operating leases from our consolidated balance sheets.