XML 33 R3.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED INCOME STATEMENT - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues        
Total revenues $ 44,954 $ 40,190 $ 86,428 $ 74,666
Costs and expenses        
Cost of sales 37,471 33,191 72,140 62,227
Selling, administrative, and other expenses 2,750 2,759 5,256 5,499
Total costs and expenses 42,493 37,322 81,854 70,455
Operating income/(loss) 2,461 2,868 4,574 4,211
Interest expense on Company debt excluding Ford Credit 304 312 612 620
Other income/(loss), net 255 (1,823) 479 (6,673)
Equity in net income/(loss) of affiliated companies (124) 58 6 25
Income/(Loss) before income taxes 2,288 791 4,447 (3,057)
Provision for/(Benefit from) income taxes 272 153 768 (576)
Net income/(loss) 2,016 638 3,679 (2,481)
Less: Income/(Loss) attributable to noncontrolling interests 99 (29) 5 (38)
Net income/(loss) attributable to Ford Motor Company $ 1,917 $ 667 $ 3,674 $ (2,443)
Basic income        
Basic income (in dollars per share) $ 0.48 $ 0.17 $ 0.92 $ (0.61)
Diluted income        
Diluted income (in dollars per share) $ 0.47 $ 0.16 $ 0.91 $ (0.61)
Weighted Average Number of Shares Outstanding, Basic 4,003 4,021 3,996 4,014
Weighted Average Number of Shares Outstanding, Diluted 4,041 4,052 4,035 4,014
Ford Credit        
Revenues        
Total revenues $ 2,527 $ 2,256 $ 4,916 $ 4,537
Costs and expenses        
Ford Credit interest, operating, and other expenses 2,272 1,372 4,458 2,729
Company excluding Ford Credit        
Revenues        
Total revenues $ 42,427 $ 37,934 $ 81,512 $ 70,129