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CONSOLIDATED INCOME STATEMENT - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Total revenues $ 41,474 $ 34,476
Costs and expenses    
Cost of sales 34,669 29,036
Selling, administrative, and other expenses 2,506 2,740
Total costs and expenses 39,361 33,133
Operating income/(loss) 2,113 1,343
Interest expense on Company debt excluding Ford Credit 308 308
Other income/(loss), net 224 (4,850)
Equity in net income/(loss) of affiliated companies 130 (33)
Income/(Loss) before income taxes 2,159 (3,848)
Provision for/(Benefit from) income taxes 496 (729)
Net income/(loss) 1,663 (3,119)
Less: Income/(Loss) attributable to noncontrolling interests (94) (9)
Net income/(loss) attributable to Ford Motor Company $ 1,757 $ (3,110)
Basic income    
Basic income (in dollars per share) $ 0.44 $ (0.78)
Diluted income    
Diluted income (in dollars per share) $ 0.44 $ (0.78)
Weighted Average Number of Shares Outstanding, Basic 3,990 4,008
Weighted Average Number of Shares Outstanding, Diluted 4,029 4,008
Ford Credit    
Revenues    
Total revenues $ 2,389 $ 2,281
Costs and expenses    
Ford Credit interest, operating, and other expenses 2,186 1,357
Company excluding Ford Credit    
Revenues    
Total revenues $ 39,085 $ 32,195