Ford Motor Company (F) Financial Statements (2023 and Earlier)

Company Profile

Business Address ONE AMERICAN ROAD
DEARBORN, MI 48126
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3711 - Motor Vehicles and Passenger Car Bodies (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments49,59349,96134,65133,95138,92738,82714,272
Cash and cash equivalents20,54025,24317,50416,71818,49215,90514,272
Short-term investments29,05324,71817,14717,23320,43522,922 
Receivables43,91352,39462,88865,54862,80957,368 
Inventory, net of allowances, customer advances and progress billings12,06510,80810,78611,22010,2778,8988,319
Inventory12,06510,80810,78611,22010,2778,8988,319
Assets held-for-sale, not part of disposal group 472,383    
Other current assets3,4253,5343,3393,9303,8893,368 
Total current assets:108,996116,744114,047114,649115,902108,46122,591
Noncurrent Assets
Operating lease, right-of-use asset 1,2871,415✕✕✕✕
Property, plant and equipment37,13937,08336,46936,17835,32732,07230,163
Long-term investments and receivables55,80160,17856,22258,25359,63053,4473,224
Long-term investments4,5454,9012,5192,7093,4483,5233,224
Accounts and financing receivable, after allowance for credit loss51,25655,27753,70355,54456,18249,924 
Intangible assets, net (including goodwill)730402466442288248124
Goodwill6192582782647550 
Intangible assets, net (excluding goodwill)111144188178213198124
Derivative instruments and hedges6661,956840540746787 
Deferred income tax assets13,79612,423 ✕✕✕✕
Other noncurrent assets14,94212,88210,7067,9298,1045,656 
Other undisclosed noncurrent assets24,96524,30638,37238,54937,81137,280 
Total noncurrent assets:148,039150,517144,490141,891141,906129,49033,511
Other undisclosed assets      168,823
TOTAL ASSETS:257,035267,261258,537256,540257,808237,951224,925
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:22,34922,20420,67321,52023,28221,296 
Employee-related liabilities202193185204229247 
Interest and dividends payable8881,2151,1289881,057974 
Other undisclosed accounts payable and accrued liabilities21,25920,79619,36020,32821,99620,075 
Debt 180130    
Derivative instruments and hedges, liabilities535859772601568371 
Disposal group, including discontinued operation  526    
Other liabilities18,68623,64522,98720,55619,69719,316 
Other undisclosed current liabilities49,15750,30453,04452,89251,05349,298 
Total current liabilities:90,72797,19298,13295,56994,60090,281 
Noncurrent Liabilities
Long-term debt and lease obligation 291470    
Long-term debt, excluding current maturities 291470    
Liabilities, other than long-term debt29,82129,29325,63024,49725,87025,334 
Deferred tax liabilities, net✕✕✕597815691 
Deferred income tax liabilities1,581538 ✕✕✕✕
Other liabilities27,70528,37925,32423,58824,71124,395 
Derivative instruments and hedges, liabilities535376306312344248 
Other undisclosed noncurrent liabilities87,865109,674101,075100,408102,32293,053 
Total noncurrent liabilities:117,686139,258127,175124,905128,192118,387 
Other undisclosed liabilities      196,174
Total liabilities:208,413236,450225,307220,474222,792208,668196,174
Temporary equity, carrying amount   100989694
Stockholders' equity
Stockholders' equity attributable to parent, including:48,51930,69033,18535,93234,89029,17028,642
Treasury stock, value(1,563)(1,590)(1,613)(1,417)(1,253)(1,122)(977)
Additional paid in capital22,61122,29022,16522,00621,84321,63021,421
Accumulated other comprehensive loss(8,339)(8,294)(7,728)(7,366)(6,959)(7,013)(6,257)
Retained earnings35,76918,24320,32022,66821,21815,63414,414
Other undisclosed stockholders' equity attributable to parent41414141414141
Stockholders' equity attributable to noncontrolling interest1031214534281715
Total stockholders' equity:48,62230,81133,23035,96634,91829,18728,657
TOTAL LIABILITIES AND EQUITY:257,035267,261258,537256,540257,808237,951224,925

Income Statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues136,341127,144155,900160,338156,776151,800149,558
Revenue, net✕✕✕✕  140,566
Cost of revenue(119,903)(113,704)(135,106)(137,532)(140,436)(135,488)(124,041)
Cost of goods and services sold(114,651)(112,752)(134,693)(136,269)(131,332)(126,584)(124,041)
Gross profit:16,43813,44020,79422,80616,34016,31225,517
Operating expenses(11,915)(17,848)(22,800)(19,603)(19,527)(19,496)(21,672)
Other undisclosed operating income  2,580    
Operating income (loss):4,523(4,408)5743,203(3,187)(3,184)3,845
Nonoperating income (expense)14,7334,899(226)2,247769599(215)
Investment income, nonoperating10,0321,2701,3341,158462292309
Foreign currency transaction gain (loss), before tax(74)25  307307(524)
Net periodic defined benefits expense (reversal of expense), excluding service cost component(5,997)(69)(1,602) ✕✕✕
Other nonoperating income31117106113   
Interest and debt expense(1,702)(1)(5,409) (1,133)(894)(3,227)
Other undisclosed income from continuing operations before equity method investments, income taxes     10,275 
Income (loss) from continuing operations before equity method investments, income taxes:17,554490(5,061)5,450(3,551)6,796403
Income from equity method investments32742321231,2011,7801,818
Other undisclosed income (loss) from continuing operations before income taxes(101)(1,648)4,389(1,228)10,498(1,780)8,031
Income (loss) from continuing operations before income taxes:17,780(1,116)(640)4,3458,1486,79610,252
Income tax expense (benefit)130(160)724(650)(520)(2,189)(2,881)
Net income (loss):17,910(1,276)843,6957,6284,6077,371
Net income (loss) attributable to noncontrolling interest27(3)(37)(18)(26)(11)2
Net income (loss) available to common stockholders, diluted:17,937(1,279)473,6777,6024,5967,373

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):17,910(1,276)843,6957,6284,6077,371
Other comprehensive income (loss)(41)(567)(362)(407)52(757)(992)
Comprehensive income (loss):17,869(1,843)(278)3,2887,6803,8506,379
Comprehensive income (loss), net of tax, attributable to noncontrolling interest23(2)(37)(18)(24)(10)2
Comprehensive income (loss), net of tax, attributable to parent:17,892(1,845)(315)3,2707,6563,8406,381

Statements Sources

The financial statements are based on the Company's filings with 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.

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