Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2024

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Fair And Intrinsic Value Of Restricted Stock Units [Table Text Block]

The fair value of vested RSUs and RSSs as well as the compensation cost for the years ended December 31 were as follows (in millions):

	2022		2023		2024
Fair value of vested shares	$	252	$	303	$	522
Compensation cost (a)	223		356		411

__________

(a)    Net of tax benefit of $113 million, $104 million, and $100 million in 2022, 2023, and 2024, respectively.

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Inputs and assumptions used to calculate the fair value at grant date through a Monte Carlo simulation were as follows:

	2022			2023			2024
Fair value per stock award	$	18.10		$	18.57		$	18.50
Grant date stock price	16.85			13.08			12.74
Assumptions:
Ford’s stock price expected volatility (a)	44.8		%	49.5		%	41.9		%
Expected average volatility of peer companies (a)	39.6			49.6			40.7
Risk-free interest rate	1.62			4.57			4.43

__________

(a)Expected volatility based on three years of daily closing share price changes ending on the grant date.

Restricted Stock Units Activity [Table Text Block]

During 2024, activity for RSUs and RSSs was as follows (in millions, except for weighted-average fair value):

	Shares	Weighted- Average Fair Value
Outstanding, beginning of year	80.6	$	13.86
Granted (a)	61.8	12.49
Vested (a)	(41.9)	12.45
Forfeited	(4.8)	13.62
Outstanding, end of year (b)	95.7	13.44

__________

(a)Includes shares awarded to non-employee directors.

(b)Excludes 1,285,271 non-employee director shares that were vested but unissued at December 31, 2024.