|
CONSOLIDATED AND SECTOR INCOME STATEMENT (USD $)
In Millions, except Per Share data, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 31, 2014
|
Dec. 31, 2013
|
Dec. 31, 2012
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|
| Revenues | |||
| Revenues, Sales net Automotive | $ 135,782us-gaap_SalesRevenueNet | $ 139,369us-gaap_SalesRevenueNet | $ 126,567us-gaap_SalesRevenueNet |
| Revenues, Financial Services | 8,295us-gaap_FinancialServicesRevenue | 7,548us-gaap_FinancialServicesRevenue | 6,992us-gaap_FinancialServicesRevenue |
| Total revenues | 144,077us-gaap_Revenues | 146,917us-gaap_Revenues | 133,559us-gaap_Revenues |
| Costs and expenses | |||
| Automotive cost of sales | 123,516us-gaap_CostOfGoodsAndServicesSold | 125,195us-gaap_CostOfGoodsAndServicesSold | 113,039us-gaap_CostOfGoodsAndServicesSold |
| Selling, administrative and other expenses | 14,117us-gaap_SellingGeneralAndAdministrativeExpense | 13,176us-gaap_SellingGeneralAndAdministrativeExpense | 11,529us-gaap_SellingGeneralAndAdministrativeExpense |
| Interest expense | 3,496us-gaap_InterestExpense | 3,689us-gaap_InterestExpense | 3,828us-gaap_InterestExpense |
| Provision for credit and insurance losses | 305f_ProvisionForCreditAndInsuranceLosses | 210f_ProvisionForCreditAndInsuranceLosses | 83f_ProvisionForCreditAndInsuranceLosses |
| Total costs and expenses | 140,637us-gaap_CostsAndExpenses | 141,439us-gaap_CostsAndExpenses | 127,760us-gaap_CostsAndExpenses |
| Automotive interest income and other income/(loss), net | 76f_InterestIncomeAndOtherIncomeLossNet | 974f_InterestIncomeAndOtherIncomeLossNet | 1,599f_InterestIncomeAndOtherIncomeLossNet |
| Financial Services other income/(loss), net | 348f_OtherIncomeLossNet | 348f_OtherIncomeLossNet | 365f_OtherIncomeLossNet |
| Equity in net income/(loss) of affiliated companies | 1,275us-gaap_IncomeLossFromEquityMethodInvestments | 1,069us-gaap_IncomeLossFromEquityMethodInvestments | 588us-gaap_IncomeLossFromEquityMethodInvestments |
| Income before income taxes | 4,342us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | 7,040us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | 7,638us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest |
| Provision for/(Benefit from) income taxes | 1,156us-gaap_IncomeTaxExpenseBenefit | (135)us-gaap_IncomeTaxExpenseBenefit | 2,026us-gaap_IncomeTaxExpenseBenefit |
| Net income | 3,186us-gaap_ProfitLoss | 7,175us-gaap_ProfitLoss | 5,612us-gaap_ProfitLoss |
| Income/(Loss) attributable to noncontrolling interests | (1)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | (7)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | (1)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest |
| Net income attributable to Ford Motor Company | 3,187us-gaap_NetIncomeLoss | 7,182us-gaap_NetIncomeLoss | 5,613us-gaap_NetIncomeLoss |
| Basic income | |||
| Basic income (in dollars per share) | $ 0.81us-gaap_EarningsPerShareBasic | $ 1.83us-gaap_EarningsPerShareBasic | $ 1.47us-gaap_EarningsPerShareBasic |
| Diluted income | |||
| Diluted income (in dollars per share) | $ 0.80us-gaap_EarningsPerShareDiluted | $ 1.77us-gaap_EarningsPerShareDiluted | $ 1.41us-gaap_EarningsPerShareDiluted |
| Cash dividends declared | $ 0.50us-gaap_CommonStockDividendsPerShareDeclared | $ 0.40us-gaap_CommonStockDividendsPerShareDeclared | $ 0.15us-gaap_CommonStockDividendsPerShareDeclared |
| Automotive [Member] | |||
| Revenues | |||
| Revenues, Sales net Automotive | 135,782us-gaap_SalesRevenueNet / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
139,369us-gaap_SalesRevenueNet / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
126,567us-gaap_SalesRevenueNet / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
| Costs and expenses | |||
| Automotive cost of sales | 123,516us-gaap_CostOfGoodsAndServicesSold / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
125,195us-gaap_CostOfGoodsAndServicesSold / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
113,039us-gaap_CostOfGoodsAndServicesSold / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
| Selling, administrative and other expenses | 10,243us-gaap_SellingGeneralAndAdministrativeExpense / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
9,997us-gaap_SellingGeneralAndAdministrativeExpense / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
9,041us-gaap_SellingGeneralAndAdministrativeExpense / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
| Interest expense | 797us-gaap_InterestExpense / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
829us-gaap_InterestExpense / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
713us-gaap_InterestExpense / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
| Provision for credit and insurance losses | 0f_ProvisionForCreditAndInsuranceLosses / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
2f_ProvisionForCreditAndInsuranceLosses / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
6f_ProvisionForCreditAndInsuranceLosses / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
| Total costs and expenses | 133,759f_OperatingCostsAndOtherExpenses / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
135,192f_OperatingCostsAndOtherExpenses / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
122,080f_OperatingCostsAndOtherExpenses / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
| Automotive interest income and other income/(loss), net | 76f_InterestIncomeAndOtherIncomeLossNet / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
974f_InterestIncomeAndOtherIncomeLossNet / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
1,599f_InterestIncomeAndOtherIncomeLossNet / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
| Equity in net income/(loss) of affiliated companies | 1,246us-gaap_IncomeLossFromEquityMethodInvestments / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
1,046us-gaap_IncomeLossFromEquityMethodInvestments / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
555us-gaap_IncomeLossFromEquityMethodInvestments / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
| Income before income taxes | 2,548us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
5,368us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
5,928us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
| Net income | 1,489us-gaap_ProfitLoss / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
5,775us-gaap_ProfitLoss / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
4,413us-gaap_ProfitLoss / f_StatementBusinessSectorsAxis = f_AutomotiveMember |
| Financial Services [Member] | |||
| Revenues | |||
| Revenues, Financial Services | 8,295us-gaap_FinancialServicesRevenue / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
7,548us-gaap_FinancialServicesRevenue / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
6,992us-gaap_FinancialServicesRevenue / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
| Costs and expenses | |||
| Interest expense | 2,699us-gaap_InterestExpense / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
2,860us-gaap_InterestExpense / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
3,115us-gaap_InterestExpense / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
| Provision for credit and insurance losses | 305f_ProvisionForCreditAndInsuranceLosses / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
208f_ProvisionForCreditAndInsuranceLosses / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
77f_ProvisionForCreditAndInsuranceLosses / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
| Depreciation on vehicles subject to operating leases | 3,098us-gaap_OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
2,411us-gaap_OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
1,795us-gaap_OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
| Operating and other expenses | 776us-gaap_OperatingExpenses / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
768us-gaap_OperatingExpenses / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
693us-gaap_OperatingExpenses / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
| Total costs and expenses | 6,878us-gaap_CostsAndExpenses / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
6,247us-gaap_CostsAndExpenses / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
5,680us-gaap_CostsAndExpenses / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
| Financial Services other income/(loss), net | 348f_OtherIncomeLossNet / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
348f_OtherIncomeLossNet / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
365f_OtherIncomeLossNet / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
| Equity in net income/(loss) of affiliated companies | 29us-gaap_IncomeLossFromEquityMethodInvestments / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
23us-gaap_IncomeLossFromEquityMethodInvestments / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
33us-gaap_IncomeLossFromEquityMethodInvestments / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
| Income before income taxes | 1,794us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
1,672us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
1,710us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
| Net income | $ 1,697us-gaap_ProfitLoss / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
$ 1,400us-gaap_ProfitLoss / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
$ 1,199us-gaap_ProfitLoss / f_StatementBusinessSectorsAxis = f_FinancialServicesMember |
| X | ||||||||||
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- Definition
Income derived from investments in debt securities and on cash and cash equivalents the earnings of which reflect the time value of money or transactions in which the payments are for the use or forbearance of money; and the net of all other income and loss recognized by the entity in the period not otherwise specified in the income statement. No definition available.
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- Definition
Total generally recurring costs associated with sales, other expenses and impairment charges. Includes selling, general and administrative expense. No definition available.
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- Definition
Reflects the net of all other income and loss recognized by the entity in the period not otherwise specified in the income statement. No definition available.
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- Definition
The provision charged to earnings in the period, the offset to which is either added to or deducted from the allowance account, for the purpose of reducing receivables, other than loans, leases, or credit losses, to an amount that approximates their net realizable value (the amount expected to be collected); includes provision for losses associated with foreclosed assets, combined with the sum of the periodic provision charged to operations, based on an assessment of the uncollectibility of the loan and lease portfolio, the offset to which is either added to or deducted from the allowance account for the purpose of reducing loan receivable and leases to an amount that approximates their net realizable value (the amount expected to be collected). Includes provision for insurance losses. No definition available.
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- Definition
Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate financial services revenue and operating interest income earned during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition
The total depreciation charge recorded for property subject to or held for lease. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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