Ford Motor Company (F) financial statements (2022 and earlier)
Company profile
| Business Address |
ONE AMERICAN ROAD DEARBORN, MI 48126 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 3711 - Motor Vehicles and Passenger Car Bodies (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 49,593 | 46,426 | 41,036 | 46,107 | 49,961 | 44,831 | 57,130 | ||
| Cash and cash equivalents | 20,540 | 27,429 | 22,955 | 21,826 | 25,243 | 24,263 | 30,989 | ||
| Short-term investments | 29,053 | 18,997 | 18,081 | 24,281 | 24,718 | 20,568 | 26,141 | ||
| Receivables | 43,913 | 43,451 | 43,089 | 51,112 | 52,394 | 51,961 | 51,827 | ||
| Inventory, net of allowances, customer advances and progress billings | 12,065 | 13,508 | 13,593 | 12,742 | 10,808 | 10,583 | 10,220 | ||
| Inventory | 12,065 | 13,508 | 13,593 | 12,742 | 10,808 | 10,583 | 10,220 | ||
| Assets held-for-sale, not part of disposal group | 335 | 47 | 676 | 720 | |||||
| Other current assets | 3,425 | 3,583 | 3,557 | 3,636 | 3,534 | 3,714 | 4,214 | ||
| Total current assets: | 108,996 | 106,968 | 101,275 | 113,932 | 116,744 | 111,765 | 124,111 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,287 | ||||||||
| Property, plant and equipment | 37,139 | 36,597 | 36,723 | 36,361 | 37,083 | 36,118 | 35,276 | ||
| Long-term investments and receivables | 55,801 | 55,467 | 56,418 | 57,264 | 60,178 | 60,400 | 58,638 | ||
| Long-term investments | 4,545 | 4,628 | 4,582 | 4,694 | 4,901 | 4,741 | 4,651 | ||
| Accounts and financing receivable, after allowance for credit loss | 51,256 | 50,839 | 51,836 | 52,570 | 55,277 | 55,659 | 53,987 | ||
| Intangible assets, net (including goodwill) | 730 | 695 | 741 | 566 | 402 | 258 | 254 | ||
| Goodwill | 619 | 695 | 741 | 566 | 258 | 258 | 254 | ||
| Intangible assets, net (excluding goodwill) | 111 | 144 | |||||||
| Derivative instruments and hedges | 666 | 959 | 1,223 | 1,140 | 1,956 | 1,801 | 1,968 | ||
| Deferred income tax assets | 13,796 | 11,891 | 12,271 | 12,103 | 12,423 | 10,907 | 11,066 | ||
| Other noncurrent assets | 14,942 | 15,014 | 14,283 | 13,348 | 12,882 | 12,858 | 12,559 | ||
| Other undisclosed noncurrent assets | 24,965 | 25,086 | 25,598 | 26,105 | 24,306 | 25,836 | 25,494 | ||
| Total noncurrent assets: | 148,039 | 145,709 | 147,257 | 146,887 | 150,517 | 148,178 | 145,255 | ||
| TOTAL ASSETS: | 257,035 | 252,677 | 248,532 | 260,819 | 267,261 | 259,943 | 269,366 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 22,349 | 22,923 | 18,593 | 23,492 | 22,204 | 21,466 | 16,360 | ||
| Employee-related liabilities | 202 | 192 | 193 | 192 | 193 | 186 | 184 | ||
| Interest and dividends payable | 888 | 1,098 | 999 | 1,130 | 1,215 | 1,186 | 1,117 | ||
| Other undisclosed accounts payable and accrued liabilities | 21,259 | 21,633 | 17,401 | 22,170 | 20,796 | 20,094 | 15,059 | ||
| Debt | 180 | ||||||||
| Derivative instruments and hedges, liabilities | 535 | 594 | 767 | 816 | 859 | 517 | 683 | ||
| Disposal group, including discontinued operation | 291 | 405 | 284 | ||||||
| Other liabilities | 18,686 | 18,787 | 18,869 | 20,995 | 23,645 | 20,293 | 20,792 | ||
| Other undisclosed current liabilities | 49,157 | 46,729 | 45,245 | 48,655 | 50,304 | 50,478 | 54,661 | ||
| Total current liabilities: | 90,727 | 89,033 | 83,474 | 94,249 | 97,192 | 93,159 | 92,780 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 291 | ||||||||
| Long-term debt, excluding current maturities | 291 | ||||||||
| Liabilities, other than long-term debt | 29,821 | 29,233 | 29,128 | 29,390 | 29,293 | 27,090 | 25,725 | ||
| Deferred income tax liabilities | 1,581 | 538 | |||||||
| Other liabilities | 27,705 | 28,808 | 28,586 | 28,707 | 28,379 | 26,826 | 25,391 | ||
| Derivative instruments and hedges, liabilities | 535 | 425 | 542 | 683 | 376 | 264 | 334 | ||
| Other undisclosed noncurrent liabilities | 87,865 | 97,707 | 101,146 | 103,206 | 109,674 | 106,533 | 120,006 | ||
| Total noncurrent liabilities: | 117,686 | 126,940 | 130,274 | 132,596 | 139,258 | 133,623 | 145,731 | ||
| Total liabilities: | 208,413 | 215,973 | 213,748 | 226,845 | 236,450 | 226,782 | 238,511 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 48,519 | 36,593 | 34,664 | 33,828 | 30,690 | 33,125 | 30,824 | ||
| Treasury stock, value | (1,563) | (1,574) | (1,579) | (1,585) | (1,590) | (1,596) | (1,601) | ||
| Additional paid in capital | 22,611 | 22,477 | 22,408 | 22,240 | 22,290 | 22,262 | 22,210 | ||
| Accumulated other comprehensive loss | (8,339) | (8,245) | (8,268) | (8,370) | (8,294) | (8,613) | (8,471) | ||
| Retained earnings | 35,769 | 23,894 | 22,062 | 21,502 | 18,243 | 21,031 | 18,645 | ||
| Other undisclosed stockholders' equity attributable to parent | 41 | 41 | 41 | 41 | 41 | 41 | 41 | ||
| Stockholders' equity attributable to noncontrolling interest | 103 | 111 | 120 | 146 | 121 | 36 | 31 | ||
| Total stockholders' equity: | 48,622 | 36,704 | 34,784 | 33,974 | 30,811 | 33,161 | 30,855 | ||
| TOTAL LIABILITIES AND EQUITY: | 257,035 | 252,677 | 248,532 | 260,819 | 267,261 | 259,943 | 269,366 | ||
Income statement (P&L) ($ in millions)
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 37,678 | 35,683 | 26,752 | 36,228 | 35,952 | 37,501 | 19,371 | |
| Cost of revenue | (33,337) | (31,394) | (23,897) | (31,087) | (23,747) | (32,884) | (20,165) | |
| Cost of goods and services sold | (32,393) | (30,057) | (22,904) | (29,297) | (33,075) | (31,223) | (17,932) | |
| Gross profit: | 4,341 | 4,289 | 2,855 | 5,141 | 12,205 | 4,617 | (794) | |
| Operating expenses | (3,602) | (2,947) | (2,877) | (2,677) | (14,647) | (2,266) | (1,965) | |
| Operating income (loss): | 739 | 1,342 | (22) | 2,464 | (2,442) | 2,351 | (2,759) | |
| Nonoperating income (expense) | 10,850 | 852 | 1,159 | 1,872 | (944) | 845 | 4,318 | |
| Investment income, nonoperating | 8,476 | 215 | 199 | 1,142 | 262 | 526 | 263 | |
| Net periodic defined benefits expense (reversal of expense), excluding service cost component | (7,967) | 590 | 768 | 612 | (1,341) | 277 | 544 | |
| Interest and debt expense | (337) | (439) | (1) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 11,252 | 1,755 | 1,137 | 4,336 | (3,386) | 3,196 | 1,558 | |
| Income (loss) from equity method investments | 67 | 130 | 51 | 79 | 50 | 58 | (25) | |
| Other undisclosed loss from continuing operations before income taxes | (101) | (453) | (473) | (474) | (498) | (449) | ||
| Income (loss) from continuing operations before income taxes: | 11,218 | 1,885 | 735 | 3,942 | (3,810) | 2,756 | 1,084 | |
| Income tax expense (benefit) | 1,055 | (63) | (182) | (680) | 1,019 | (366) | 34 | |
| Net income (loss): | 12,273 | 1,822 | 553 | 3,262 | (2,791) | 2,390 | 1,118 | |
| Net income (loss) attributable to noncontrolling interest | 9 | 10 | 8 | 3 | (5) | (1) | ||
| Net income (loss) available to common stockholders, diluted: | 12,282 | 1,832 | 561 | 3,262 | (2,788) | 2,385 | 1,117 | |
Comprehensive Income ($ in millions)
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 12,273 | 1,822 | 553 | 3,262 | (2,791) | 2,390 | 1,118 | |
| Other comprehensive income (loss) | (92) | 23 | 104 | (76) | 319 | (143) | (10) | |
| Comprehensive income (loss): | 12,181 | 1,845 | 657 | 3,186 | (2,472) | 2,247 | 1,108 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 7 | 10 | 6 | 3 | (4) | (1) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 12,188 | 1,855 | 663 | 3,186 | (2,469) | 2,243 | 1,107 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.