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Segment Information (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
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):
 Ford BlueFord
Model e
Ford ProFord NextFord CreditUnallocated Amounts and Eliminations (a)Total
2022    
External revenues$94,762 $5,253 $48,939 $99 $8,978 $26 $158,057 
Intersegment revenues (b)36,020 121 — — — (36,141)— 
Total revenues$130,782 $5,374 $48,939 $99 $8,978 $(36,115)$158,057 
Other segment items (c)123,935 7,507 45,717 1,025 6,321 
Segment EBIT/EBT$6,847 $(2,133)$3,222 $(926)$2,657 $9,667 
Reconciliation of Segment EBIT/EBT
Unallocated amounts:
Corporate Other748 
Interest on debt (excludes $3,334 of Ford Credit interest on debt)
(1,259)
Special items (d)(12,172)
Income/(Loss) before income taxes$(3,016)
Other Segment Disclosures
Depreciation and tooling amortization$3,365 $249 $1,522 $$2,281 $252 $7,674 
Investment-related interest income59 — 16 — 178 386 639 
Equity in net income/(loss) of affiliated companies270 (15)412 (315)27 (3,262)(2,883)
Cash outflow for capital spending (e)4,702 1,336 26 23 58 721 6,866 
Total assets56,023 5,285 2,177 392 137,954 54,053 255,884 
2023
External Revenues$101,934 $5,897 $58,058 $$10,290 $$176,191 
Intersegment Revenues (b)38,693 629 — — — (39,322)— 
Total Revenues$140,627 $6,526 $58,058 $$10,290 $(39,313)$176,191 
Other segment items (c)133,165 11,227 50,836 141 8,959 
Segment EBIT/EBT$7,462 $(4,701)$7,222 $(138)$1,331 $11,176 
Reconciliation of Segment EBIT/EBT
Unallocated amounts:
Corporate Other(760)
Interest on debt (excludes $6,311 of Ford Credit interest on debt)
(1,302)
Special items (f)(5,147)
Income/(Loss) before income taxes$3,967 
Other Segment Disclosures
Depreciation and tooling amortization$3,378 $505 $1,291 $12 $2,354 $150 $7,690 
Investment-related interest income110 32 — 522 902 1,567 
Equity in net income/(loss) of affiliated companies337 (37)589 (29)32 (478)414 
Cash outflow for capital spending (e)4,963 2,861 80 319 8,236 
Total assets58,990 13,648 2,942 207 148,521 49,002 273,310 
NOTE 25.  SEGMENT INFORMATION (Continued)
 Ford BlueFord
Model e
Ford ProFord NextFord CreditUnallocated Amounts and Eliminations (a)Total
2024
External Revenues$101,935 $3,852 $66,906 $$12,286 $$184,992 
Intersegment Revenues (b)43,442 257 — — — (43,699)— 
Total Revenues$145,377 $4,109 $66,906 $$12,286 $(43,693)$184,992 
Other segment items (c)140,093 9,185 57,891 57 10,632 
Segment EBIT/EBT$5,284 $(5,076)$9,015 $(50)$1,654 $10,827 
Reconciliation of Segment EBIT/EBT
Unallocated amounts:
Corporate Other(619)
Interest on debt (excludes $7,583 of Ford Credit interest on debt)
(1,115)
Special items (g)(1,860)
Income/(Loss) before income taxes$7,233 
Other Segment Disclosures
Depreciation and tooling amortization$2,952 $556 $1,394 $12 $2,529 $124 $7,567 
Investment-related interest income167 52 — 500 819 1,540 
Equity in net income/(loss) of affiliated companies240 (66)482 (3)42 (17)678 
Cash outflow for capital spending (e)4,490 3,843 37 94 217 8,684 
Total assets58,791 17,074 3,469 151 157,534 48,177 285,196 
__________
(a)Unallocated amounts include Corporate Other (see above description of corporate expenses and corporate assets) and Special Items. Eliminations include intersegment transaction occurring in the ordinary course of business.
(b)Intersegment revenues only reflect finished vehicle transactions between Ford Blue, Ford Model e, and Ford Pro where there is an intersegment markup and are recognized at the time of the intersegment transaction.
(c)Other segment items for the Ford Blue, Ford Model e, and Ford Pro segments primarily consists of: material costs (including commodities and components and purchased vehicles from partners), manufacturing costs (including hourly and salaried wages and fringe, and plant overhead such as utilities and taxes), warranty coverages and field service action costs (including estimated costs to repair, replace, or adjust parts on a vehicle that are defective in factory supplied materials or workmanship), freight & duty costs (including related to the receiving and shipping of components and vehicles), vehicle and software engineering and connectivity costs (including wages and fringe for personnel, prototype materials, testing, and outside services), spending-related costs (including depreciation and amortization of manufacturing and engineering assets, asset retirements and operating leases), advertising and sales promotions costs (including costs for advertising, marketing programs, brand promotions, customer mailings and promotional events, and auto shows), and administrative, information technology, and selling costs (including primarily wages and fringe for salaried personnel and purchased services). Other segment items for the Ford Next segment primarily consists of administrative and information technology costs. Other segment items for the Ford Credit segment primarily consists of interest expense and depreciation.
(d)Primarily reflects losses on our Rivian investment and the impairment of our Argo AI equity method investment.
(e)Ford Blue includes $305 million, $909 million, and $844 million of spending attributable to electric vehicles at shared manufacturing plants in 2022, 2023, and 2024, respectively. Total electric vehicle spending, including Ford Blue and Ford Model e, was $1,641 million, $3,770 million, and $4,687 million in 2022, 2023, and 2024, respectively.
(f)Primarily reflects mark-to-market adjustments for our global pension and OPEB plans, restructuring actions in Europe and China, and an accrual for the Transit Connect customs matter.
(g)Includes a write-down of certain product-specific assets of $391 million and other expenses of $809 million related to the cancellation of a previously planned all-electric three-row SUV program, all of which was recorded in Cost of sales. The amount also reflects restructuring actions in Europe, buyouts for hourly employees in North America, the extended duration of the Oakville Assembly Plant changeover, and pension curtailment and separation costs in North America and Europe, partially offset by mark-to-market adjustments for our global pension and OPEB plans.
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):
 202220232024
 RevenuesLong-Lived
Assets (a)
RevenuesLong-Lived
Assets (a)
RevenuesLong-Lived
Assets (a)
United States$105,481 $41,925 $116,995 $42,235 $124,968 $45,392 
Canada12,590 5,739 13,391 6,147 13,412 6,548 
United Kingdom8,220 1,264 8,968 1,868 9,936 2,174 
Mexico1,813 4,255 2,774 5,222 2,634 4,352 
All Other29,953 6,854 34,063 6,733 34,042 6,409 
Total Company$158,057 $60,037 $176,191 $62,205 $184,992 $64,875 
__________
(a)    Includes Net property and Net investment in operating leases from our consolidated balance sheets.