v3.22.4
Segment Information (Tables)
12 Months Ended
Dec. 31, 2022
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):
 AutomotiveMobilityFord CreditCorporate OtherInterest on DebtSpecial
Items
Eliminations/AdjustmentsTotal
2020     
Revenues$115,894 $47 $11,203 $— $— $— $— $127,144 
Income/(Loss) before income taxes1,706 (1,052)2,608 (726)(1,649)(2,003)(a)— (1,116)
Depreciation and tooling amortization5,209 8 3,269 52 — 236 — 8,774 
Interest expense— — 3,402 — 1,649 — — 5,051 
Investment-related interest income158 — 94 200 — — — 452 
Equity in net income/(loss) of affiliated companies296 (133)20 1 — (142)— 42 
Cash outflow for capital spending5,483 44 40 175 — — — 5,742 
Total assets62,741 3,459 157,637 45,410 — — (1,986)(b)267,261 
2021      
Revenues$126,150 $118 $10,073 $— $— $— $— $136,341 
Income/(Loss) before income taxes7,397 (1,030)4,717 (1,084)(1,803)9,583 (c)— 17,780 
Depreciation and tooling amortization5,024 8 1,666 53 — 567 — 7,318 
Interest expense— — 2,790 — 1,803 — — 4,593 
Investment-related interest income112 — 38 104 — — — 254 
Equity in net income/(loss) of affiliated companies567 (258)31 2 — (15)— 327 
Cash outflow for capital spending5,979 46 44 158 — — — 6,227 
Total assets68,969 3,325 134,428 51,730 — — (1,417)(b)257,035 
2022      
Revenues$148,980 $99 $8,978 $— $— $— $— $158,057 
Income/(Loss) before income taxes9,692 (926)2,657 (1,008)(1,259)(12,172)(d)— (3,016)
Depreciation and tooling amortization5,159 5 2,281 72 — 157 — 7,674 
Interest expense— — 3,334 — 1,259 — — 4,593 
Investment-related interest income75 — 178 386 — — — 639 
Equity in net income/(loss) of affiliated companies667 (315)27 1 — (3,263)(e)— (2,883)
Cash outflow for capital spending6,284 23 58 204 — 297 — 6,866 
Total assets69,933 392 137,954 49,132 — — (1,527)(b)255,884 
__________
(a)Primarily reflects Global Redesign actions, mark-to-market adjustments for our global pension and OPEB plans, and the field service action for Takata airbag inflators, partially offset by the gain on our investment in Argo AI as a result of the transaction with Argo AI and VW in the second quarter of 2020.
(b)Primarily includes eliminations of intersegment transactions occurring in the ordinary course of business.
(c)Primarily reflects gains/(losses) on our Rivian investment and mark-to-market adjustments for our global pension and OPEB plans, partially offset by Global Redesign actions and the loss on extinguishment of debt.
(d)Primarily reflects gains/(losses) on our Rivian investment and the impairment of our Argo AI equity method investment.
(e)Primarily reflects the impairment of our Argo AI equity method investment.
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):
 202020212022
 RevenuesLong-Lived
Assets (a)
RevenuesLong-Lived
Assets (a)
RevenuesLong-Lived
Assets (a)
United States$82,535 $45,360 $87,012 $44,271 $105,481 $41,925 
Canada8,711 5,111 11,153 5,773 12,590 5,739 
United Kingdom6,110 1,401 7,607 1,383 8,220 1,264 
Germany6,526 3,197 6,237 2,708 6,471 2,483 
Mexico1,030 3,669 1,440 3,903 1,813 4,255 
All Other22,232 6,296 22,892 5,462 23,482 4,371 
Total Company$127,144 $65,034 $136,341 $63,500 $158,057 $60,037 
__________
(a)    Includes Net property and Net investment in operating leases from our consolidated balance sheets.