v3.24.1.u1
CONSOLIDATED INCOME STATEMENT - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues    
Total revenues $ 42,777 $ 41,474
Costs and expenses    
Cost of sales 36,476 34,669
Selling, administrative, and other expenses 2,376 2,506
Total costs and expenses 41,552 39,361
Operating income/(loss) 1,225 2,113
Interest expense on Company debt excluding Ford Credit 278 308
Other income/(loss), net 498 224
Equity in net income/(loss) of affiliated companies 167 130
Income/(Loss) before income taxes 1,612 2,159
Provision for/(Benefit from) income taxes 278 496
Net income/(loss) 1,334 1,663
Less: Income/(Loss) attributable to noncontrolling interests 2 (94)
Net income/(loss) attributable to Ford Motor Company $ 1,332 $ 1,757
Basic income    
Basic income (in dollars per share) $ 0.33 $ 0.44
Diluted income    
Diluted income (in dollars per share) $ 0.33 $ 0.44
Weighted Average Number of Shares Outstanding, Basic 3,979 3,990
Weighted Average Number of Shares Outstanding, Diluted 4,023 4,029
Ford Credit    
Revenues    
Total revenues $ 2,887 $ 2,389
Costs and expenses    
Ford Credit interest, operating, and other expenses 2,700 2,186
Company excluding Ford Credit    
Revenues    
Total revenues $ 39,890 $ 39,085