FORD MOTOR CO, 10-Q filed on 4/30/2026
Quarterly Report
v3.26.1
COVER PAGE - shares
 3 Months Ended
Mar. 31, 2026
Apr. 27, 2026
Document Information [Line Items]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Mar. 31, 2026  
Document Transition Report false  
Entity File Number 1-3950  
Entity Registrant Name Ford Motor Co  
Entity Incorporation, State or Country Code DE  
Entity Tax Identification Number 38-0549190  
Entity Address, Address Line One One American Road  
Entity Address, City or Town Dearborn,  
Entity Address, State or Province MI  
Entity Address, Postal Zip Code 48126  
City Area Code 313  
Local Phone Number 322-3000  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Central Index Key 0000037996  
Current Fiscal Year End Date --12-31  
Amendment Flag false  
Document Fiscal Year Focus 2026  
Document Fiscal Period Focus Q1  
Common Stock    
Document Information [Line Items]    
Title of 12(b) Security Common Stock, par value $.01 per share  
Trading Symbol F  
Security Exchange Name NYSE  
Entity Common Stock, Shares Outstanding   3,913,840,554
FPRB    
Document Information [Line Items]    
Title of 12(b) Security 6.200% Notes due June 1, 2059  
Trading Symbol FPRB  
Security Exchange Name NYSE  
FPRC    
Document Information [Line Items]    
Title of 12(b) Security 6.000% Notes due December 1, 2059  
Trading Symbol FPRC  
Security Exchange Name NYSE  
FPRD    
Document Information [Line Items]    
Title of 12(b) Security 6.500% Notes due August 15, 2062  
Trading Symbol FPRD  
Security Exchange Name NYSE  
Class B Stock    
Document Information [Line Items]    
Entity Common Stock, Shares Outstanding   70,852,076
v3.26.1
CONSOLIDATED INCOME STATEMENTS - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
Total revenues (Note 3) $ 43,253 $ 40,659
Costs and expenses    
Cost of sales 35,311 35,188
Selling, administrative, and other expenses 2,807 2,431
Total costs and expenses 40,924 40,340
Operating income/(loss) 2,329 319
Interest expense on Company debt excluding Ford Credit 350 288
Other income/(loss), net (Note 4) 773 496
Equity in net income/(loss) of affiliated companies 160 94
Income/(Loss) before income taxes 2,912 621
Provision for/(Benefit from) income taxes 361 148
Net income/(loss) 2,551 473
Less: Income/(Loss) attributable to noncontrolling interests 3 2
Net income/(loss) attributable to Ford Motor Company $ 2,548 $ 471
EARNINGS/(LOSS) PER SHARE ATTRIBUTABLE TO FORD MOTOR COMPANY COMMON AND CLASS B STOCK (Note 6)    
Basic income/(loss) (in dollars per share) $ 0.64 $ 0.12
Diluted income/(loss) (in dollars per share) $ 0.63 $ 0.12
Weighted-average shares used in computation of earnings/(loss) per share    
Basic shares (in shares) 3,991 3,968
Diluted shares (in shares) 4,071 4,011
Company excluding Ford Credit    
Revenues    
Total revenues (Note 3) $ 39,819 $ 37,422
Costs and expenses    
Interest expense on Company debt excluding Ford Credit 350 288
Ford Credit    
Revenues    
Total revenues (Note 3) 3,434 3,237
Costs and expenses    
Ford Credit interest, operating, and other expenses $ 2,806 $ 2,721
v3.26.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Statement of Comprehensive Income [Abstract]    
Net income/(loss) $ 2,551 $ 473
Other comprehensive income/(loss), net of tax (Note 15)    
Foreign currency translation (257) 521
Marketable securities (69) 67
Derivative instruments 131 (129)
Pension and other postretirement benefits 25 22
Total other comprehensive income/(loss), net of tax (170) 481
Comprehensive income/(loss) 2,381 954
Less: Comprehensive income/(loss) attributable to noncontrolling interests 3 2
Comprehensive income/(loss) attributable to Ford Motor Company $ 2,378 $ 952
v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents (Note 7) $ 17,649 $ 23,356
Marketable securities (Note 7) 12,839 15,131
Ford Credit finance receivables, net of allowance for credit losses of $261 and $270 (Note 8) 46,185 49,130
Trade and other receivables, less allowances of $108 and $100 17,227 15,398
Inventories (Note 9) 16,537 15,285
Other assets 5,892 5,187
Total current assets 116,329 123,487
Ford Credit finance receivables, net of allowance for credit losses of $650 and $667 (Note 8) 60,322 61,449
Net investment in operating leases 28,983 28,540
Net property 38,091 37,288
Equity in net assets of affiliated companies 2,737 2,753
Deferred income taxes 22,273 21,953
Other assets 13,699 13,690
Total assets 282,434 289,160
LIABILITIES    
Payables 26,039 25,809
Other liabilities and deferred revenue (Note 10 and Note 17) 29,849 31,779
Total current liabilities 106,679 114,890
Other liabilities and deferred revenue (Note 10 and Note 17) 30,161 30,902
Deferred income taxes 1,775 1,354
Total liabilities 244,950 253,180
EQUITY    
Capital in excess of par value of stock 23,884 23,922
Retained earnings 24,445 22,508
Accumulated other comprehensive income/(loss) (Note 15) (7,880) (7,710)
Treasury stock (3,039) (2,810)
Total equity attributable to Ford Motor Company 37,453 35,952
Equity attributable to noncontrolling interests 31 28
Total equity 37,484 35,980
Total liabilities and equity 282,434 289,160
Common Stock    
EQUITY    
Common stock, value 42 41
Class B Stock    
EQUITY    
Common stock, value 1 1
Company excluding Ford Credit    
LIABILITIES    
Debt payable within one year (Note 12) 3,268 5,550
Long-term debt (Note 12) 16,327 16,369
Ford Credit    
ASSETS    
Ford Credit finance receivables, net of allowance for credit losses of $261 and $270 (Note 8) 46,185 49,130
Ford Credit finance receivables, net of allowance for credit losses of $650 and $667 (Note 8) 60,322 61,449
LIABILITIES    
Debt payable within one year (Note 12) 47,523 51,752
Long-term debt (Note 12) $ 90,008 $ 89,665
v3.26.1
CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
shares in Millions, $ in Millions
Mar. 31, 2026
Dec. 31, 2025
Ford Credit finance receivables, allowance for credit losses $ 270 $ 261
Trade and other receivables, allowance 100 108
Ford Credit finance receivables, allowance for credit losses 667 650
ASSETS    
Cash and cash equivalents $ 17,649 23,356
Common Stock    
Common stock, par value (in dollars per share) $ 0.01  
Common stock issued (in shares) 4,154  
Common stock authorized (in shares) 6,000  
Class B Stock    
Common stock, par value (in dollars per share) $ 0.01  
Common stock issued (in shares) 71  
Common stock authorized (in shares) 530  
VIEs    
ASSETS    
Cash and cash equivalents $ 2,636 2,523
Ford Credit finance receivables, net 55,342 55,773
Net investment in operating leases 14,354 13,572
Other assets 65 21
LIABILITIES    
Other liabilities and deferred revenue 12 40
Debt $ 49,199 $ 52,054
v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Cash flows from operating activities      
Net income/(loss) $ 2,551 $ 473  
Depreciation and tooling amortization 1,883 1,848  
Other amortization (458) (464)  
Provision for credit and insurance losses 173 161  
Pension and other postretirement employee benefits (“OPEB”) expense/(income) (Note 11) (136) 94  
Equity method investment (earnings)/losses and impairments in excess of dividends received (28) (14)  
Foreign currency adjustments (104) 38  
Net realized and unrealized (gains)/losses on cash equivalents, marketable securities, and other investments (Note 4) (6) (32)  
Stock compensation 110 121  
Provision for/(Benefit from) deferred income taxes 64 (54)  
Decrease/(Increase) in finance receivables (wholesale and other) 1,181 2,427  
Decrease/(Increase) in accounts receivable and other assets (1,542) (1,294)  
Decrease/(Increase) in inventory (1,361) (2,677)  
Increase/(Decrease) in accounts payable and accrued and other liabilities (1,207) 3,020  
Other 196 32  
Net cash provided by/(used in) operating activities 1,316 3,679  
Cash flows from investing activities      
Capital spending (2,376) (1,818)  
Acquisitions of finance receivables and operating leases (12,095) (11,611)  
Collections of finance receivables and operating leases 11,439 10,983  
Purchases of marketable securities and other investments (1,743) (2,433)  
Sales and maturities of marketable securities and other investments 3,982 3,617  
Settlements of derivatives 34 (180)  
Returns of capital from equity method investments (Note 16) 0 1,700  
Other (12) (48)  
Net cash provided by/(used in) investing activities (771) 210  
Cash flows from financing activities      
Cash payments for dividends and dividend equivalents (607) (1,196)  
Purchases of common stock (311) 0  
Net changes in short-term debt (2,082) (564)  
Proceeds from issuance of long-term debt 12,565 11,979  
Payments of long-term debt (15,581) (16,223)  
Other (156) (116)  
Net cash provided by/(used in) financing activities (6,172) (6,120)  
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (120) 118  
Net increase/(decrease) in cash, cash equivalents, and restricted cash (5,747) (2,113)  
Cash, cash equivalents, and restricted cash at beginning of period (Note 7) 23,750 23,190 $ 23,190
Net increase/(decrease) in cash, cash equivalents, and restricted cash (5,747) (2,113)  
Cash, cash equivalents, and restricted cash at end of period (Note 7) $ 18,003 $ 21,077 $ 23,750
v3.26.1
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Total
Capital Stock
Cap. in Excess of Par Value of Stock
Retained Earnings
Accumulated Other Comprehensive Income/(Loss) (Note 15)
Treasury Stock
Equity Attributable to Non-controlling Interests
Beginning balance at Dec. 31, 2024 $ 44,858 $ 44,835 $ 42 $ 23,502 $ 33,740 $ (9,639) $ (2,810) $ 23
Increase (Decrease) in Stockholders' Equity                
Net income/(loss) 473 471     471     2
Other comprehensive income/(loss), net Total Equity 481 481       481    
Common Stock issued [1] 60 60   60        
Dividends and dividend equivalents declared [2] (1,212) (1,212)     (1,212)      
Ending balance at Mar. 31, 2025 44,660 44,635 42 23,562 32,999 (9,158) (2,810) 25
Beginning balance at Dec. 31, 2025 35,980 35,952 $ 42 23,922 22,508 (7,710) (2,810) 28
Increase (Decrease) in Stockholders' Equity                
Net income/(loss) 2,551 2,548     2,548     3
Other comprehensive income/(loss), net Total Equity (170) (170)       (170)    
Common Stock issued (in shares) [1]     1          
Common Stock issued [1] (6) (6)   (7)        
Treasury stock/other  (260) (260)   (31)     (229)  
Dividends and dividend equivalents declared [2] (611) (611)     (611)      
Ending balance at Mar. 31, 2026 $ 37,484 $ 37,453 $ 43 $ 23,884 $ 24,445 $ (7,880) $ (3,039) $ 31
[1] Includes the effect of share-based compensation.
[2] Dividends and dividend equivalents declared for Common and Class B Stock. In the first quarter of 2025, in addition to a regular dividend of $0.15 per share, we declared a supplemental dividend of $0.15 per share.
v3.26.1
CONSOLIDATED STATEMENTS OF EQUITY (Parenthetical) - $ / shares
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dividends and dividend equivalents declared (in dollars per share) $ 0.15 $ 0.30
O 2025 Q1 Dividends    
Dividends and dividend equivalents declared (in dollars per share)   0.15
S 2025 Q1 Dividends    
Dividends and dividend equivalents declared (in dollars per share)   $ 0.15
v3.26.1
PRESENTATION
 3 Months Ended
Mar. 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
PRESENTATION PRESENTATION
For purposes of this report, “Ford,” the “Company,” “we,” “our,” “us,” or similar references mean Ford Motor Company, our consolidated subsidiaries, and our consolidated VIEs of which we are the primary beneficiary, unless the context requires otherwise. We also make reference to Ford Motor Credit Company LLC, herein referred to as Ford Credit. Our consolidated financial statements are presented in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information, instructions to the Quarterly Report on Form 10-Q, and Rule 10-01 of Regulation S-X.

In the opinion of management, these unaudited financial statements include all adjustments, consisting of only normal recurring adjustments, necessary for a fair statement of our results of operations and financial condition for the periods, and at the dates, presented.  The results for interim periods are not necessarily indicative of results that may be expected for any other interim period or for the full year.  Reference should be made to the financial statements contained in our Annual Report on Form 10-K for the year ended December 31, 2025 (“2025 Form 10-K Report”).
v3.26.1
NEW ACCOUNTING STANDARDS
 3 Months Ended
Mar. 31, 2026
Accounting Standards Update and Change in Accounting Principle [Abstract]  
NEW ACCOUNTING STANDARDS NEW ACCOUNTING STANDARDS
Adoption of New Accounting Standards

Accounting Standards Updates (“ASUs”) adopted during 2026 had no material effect on our consolidated financial statements or financial statement disclosures.

Accounting Standards Issued But Not Yet Adopted

ASU 2024-03, Disaggregation of Income Statement Expenses (“DISE”). In November 2024, the Financial Accounting Standards Board (“FASB”) issued a new accounting standard to improve the disclosures about an entity’s expenses and address requests from investors for more detailed information about the types of expenses included in commonly presented expense captions. The new standard is effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027, with retrospective application permitted. We are assessing the effect on our consolidated financial statement disclosures; however, adoption will not affect our consolidated income statements, balance sheets, or statements of cash flows.

All other ASUs issued but not yet adopted were assessed and determined to be not applicable or are not expected to have a material effect on our consolidated financial statements or financial statement disclosures.
v3.26.1
REVENUE
 3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
The following tables disaggregate our revenue by major source for the periods ended March 31 (in millions):

First Quarter 2025
Company excluding Ford CreditFord CreditConsolidated
Vehicles, parts, and accessories$35,867 $— $35,867 
Used vehicles685 — 685 
Services and other revenue (a)803 18 821 
Revenues from sales and services
37,355 18 37,373 
Leasing income67 1,131 1,198 
Financing income— 2,046 2,046 
Insurance income— 42 42 
Total revenues$37,422 $3,237 $40,659 
First Quarter 2026
Company excluding
Ford Credit		Ford CreditConsolidated
Vehicles, parts, and accessories$37,644 $— $37,644 
Used vehicles1,147 — 1,147 
Services and other revenue (a)953 23 976 
Revenues from sales and services
39,744 23 39,767 
Leasing income75 1,346 1,421 
Financing income— 2,023 2,023 
Insurance income— 42 42 
Total revenues$39,819 $3,434 $43,253 
__________
(a)Includes extended service contract revenue.

The amount of consideration we receive and revenue we recognize on our vehicles, parts, and accessories varies with changes in return rights, marketing incentives we offer to our customers and their customers, and other pricing adjustments. Estimates of marketing incentives and other pricing adjustments are based on our expectation of retail and fleet sales volumes, mix of products to be sold, competitor actions, and incentive programs to be offered. Customer acceptance of products and programs, as well as other market conditions, will affect these estimates. As a result of changes in our estimate of variable consideration (e.g., marketing incentives), we recorded an increase related to revenue recognized in prior periods of $96 million and $259 million in the first quarter of 2025 and 2026, respectively.

We had a balance of $6.2 billion and $6.3 billion of unearned revenue associated primarily with outstanding extended service contracts reported in Other liabilities and deferred revenue at December 31, 2025 and March 31, 2026, respectively. We expect to recognize approximately $1.5 billion of the unearned amount in the remainder of 2026, $1.5 billion in 2027, and $3.3 billion thereafter. We recognized $504 million and $585 million of unearned amounts from prior years as revenue during the first quarter of 2025 and 2026, respectively.

Amounts paid to dealers to obtain extended service contracts are deferred and recorded as Other assets. Our deferred cost balances were $307 million and $306 million as of December 31, 2025 and March 31, 2026, respectively. We recognized $30 million and $27 million of amortization during the first quarter of 2025 and 2026, respectively.
v3.26.1
OTHER INCOME/(LOSS)
 3 Months Ended
Mar. 31, 2026
Other Income and Expenses [Abstract]  
OTHER INCOME/(LOSS) OTHER INCOME/(LOSS)
The amounts included in Other income/(loss), net for the periods ended March 31 were as follows (in millions):
First Quarter
 20252026
Net periodic pension and OPEB income/(cost), excluding service cost (Note 11)
$11 $238 
Investment-related interest income351 316 
Interest income/(expense) on income taxes
(17)(4)
Realized and unrealized gains/(losses) on cash equivalents, marketable securities, and other investments32 6 
Gains/(Losses) on changes in investments in affiliates7 (3)
Royalty income107 111 
Other5 109 
Total$496 $773 
v3.26.1
INCOME TAXES
 3 Months Ended
Mar. 31, 2026
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
For interim tax reporting, we estimate one single effective tax rate for tax jurisdictions not subject to a valuation allowance, which is applied to the year-to-date ordinary income/(loss). Tax effects of significant unusual or infrequently occurring items are excluded from the estimated annual effective tax rate calculation and recognized in the interim period in which they occur.

Our Provision for/(Benefit from) income taxes for the first quarter of 2026 was a provision of $361 million, resulting in an effective tax rate of 12.4%, partially driven by a benefit resulting from a tax law change in the United Kingdom during the period.
v3.26.1
CAPITAL STOCK AND EARNINGS/(LOSS) PER SHARE
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
CAPITAL STOCK AND EARNINGS/(LOSS) PER SHARE CAPITAL STOCK AND EARNINGS/(LOSS) PER SHARE
Earnings/(Loss) Per Share Attributable to Ford Motor Company Common and Class B Stock

Basic and diluted earnings/(loss) per share were calculated using the following (in millions):
First Quarter
 20252026
Net income/(loss) attributable to Ford Motor Company$471 $2,548 
Basic and Diluted Shares   
Basic shares (average shares outstanding)3,968 3,991 
Net dilutive options, unvested restricted stock units, and unvested restricted stock shares43 80 
Diluted shares4,011 4,071 
v3.26.1
CASH, CASH EQUIVALENTS, AND MARKETABLE SECURITIES
 3 Months Ended
Mar. 31, 2026
Cash and Cash Equivalents [Abstract]  
CASH, CASH EQUIVALENTS, AND MARKETABLE SECURITIES CASH, CASH EQUIVALENTS, AND MARKETABLE SECURITIES
The fair values of cash, cash equivalents, and marketable securities were as follows (in millions):
December 31, 2025
 Fair Value LevelCompany excluding Ford CreditFord CreditConsolidated
Cash and cash equivalents  
U.S. government1$1,649 $70 $1,719 
U.S. government agencies2610 400 1,010 
Non-U.S. government and agencies21,300 1,082 2,382 
Corporate debt21,404 780 2,184 
Total marketable securities classified as cash equivalents
4,963 2,332 7,295 
Cash, time deposits, and money market funds9,123 6,938 16,061 
Total cash and cash equivalents$14,086 $9,270 $23,356 
Marketable securities
U.S. government1$3,817 $224 $4,041 
U.S. government agencies21,319 — 1,319 
Non-U.S. government and agencies22,043 91 2,134 
Corporate debt26,755 269 7,024 
Other marketable securities2413 200 613 
Total marketable securities$14,347 $784 $15,131 
Restricted cash$251 $107 $358 
Cash, cash equivalents, and restricted cash - held for sale$36 $— $36 
March 31, 2026
Fair Value LevelCompany excluding Ford CreditFord CreditConsolidated
Cash and cash equivalents  
U.S. government1$— $97 $97 
U.S. government agencies21,185 — 1,185 
Non-U.S. government and agencies2— 487 487 
Corporate debt2201 545 746 
Total marketable securities classified as cash equivalents
1,386 1,129 2,515 
Cash, time deposits, and money market funds8,339 6,795 15,134 
Total cash and cash equivalents$9,725 $7,924 $17,649 
Marketable securities
U.S. government1$2,803 $229 $3,032 
U.S. government agencies21,042 — 1,042 
Non-U.S. government and agencies22,004 95 2,099 
Corporate debt25,802 266 6,068 
Other marketable securities2403 195 598 
Total marketable securities$12,054 $785 $12,839 
Restricted cash$241 $113 $354 
Cash, cash equivalents, and restricted cash - held for sale$— $— $— 
NOTE 7. CASH, CASH EQUIVALENTS, AND MARKETABLE SECURITIES (Continued)

The cash equivalents and marketable securities accounted for as available-for-sale (“AFS”) securities were as follows (in millions):
December 31, 2025
Fair Value of Securities with
Contractual Maturities
 Amortized CostGross Unrealized GainsGross Unrealized LossesFair ValueWithin 1 YearAfter 1 Year through
5 Years		After 5 Years
Company excluding Ford Credit  
U.S. government$3,724 $25 $(2)$3,747 $356 $3,391 $— 
U.S. government agencies1,358 6 (8)1,356 460 892 4 
Non-U.S. government and agencies1,958 12 (8)1,962 553 1,400 9 
Corporate debt8,065 65 (1)8,129 2,925 5,200 4 
Other marketable securities385 3 — 388 2 357 29 
Total$15,490 $111 $(19)$15,582 $4,296 $11,240 $46 
 
March 31, 2026
Fair Value of Securities with
Contractual Maturities
Amortized CostGross Unrealized GainsGross Unrealized LossesFair ValueWithin 1 YearAfter 1 Year through
5 Years		After 5 Years
Company excluding Ford Credit
U.S. government$2,725 $6 $(7)$2,724 $414 $2,310 $— 
U.S. government agencies1,052 2 (9)1,045 467 578 — 
Non-U.S. government and agencies1,964 5 (9)1,960 685 1,275 — 
Corporate debt5,962 30 (15)5,977 1,517 4,385 75 
Other marketable securities364 1 — 365 40 319 6 
Total
$12,067 $44 $(40)$12,071 $3,123 $8,867 $81 

Sales proceeds and gross realized gains/losses from the sale of AFS securities for the periods ended March 31 were as follows (in millions):
First Quarter
20252026
Company excluding Ford Credit
Sales proceeds$2,449 $2,608 
Gross realized gains5 10 
Gross realized losses3 1 

We determine credit losses on AFS debt securities using the specific identification method. During the first quarter of 2026, we did not recognize any credit losses. Unrealized losses on securities are due to changes in interest rates and market liquidity.

Cash, Cash Equivalents, and Restricted Cash

Cash, cash equivalents, and restricted cash, as reported on our consolidated statements of cash flows, were as follows (in millions):
December 31,
2025		March 31,
2026
Cash and cash equivalents$23,356 $17,649 
Restricted cash (a)358 354 
Cash, cash equivalents, and restricted cash - held for sale36 — 
Total cash, cash equivalents, and restricted cash$23,750 $18,003 
__________
(a)Included in Other assets in the non-current assets section of our consolidated balance sheets.
v3.26.1
FORD CREDIT FINANCE RECEIVABLES AND ALLOWANCE FOR CREDIT LOSSES
 3 Months Ended
Mar. 31, 2026
Receivables [Abstract]  
FORD CREDIT FINANCE RECEIVABLES AND ALLOWANCE FOR CREDIT LOSSES FORD CREDIT FINANCE RECEIVABLES AND ALLOWANCE FOR CREDIT LOSSES
Ford Credit manages finance receivables as “consumer” and “non-consumer” portfolios.  The receivables are generally secured by the vehicles, inventory, or other property being financed.

Finance receivables are recorded at the time of origination or purchase at fair value and are subsequently reported at amortized cost, net of any allowance for credit losses.

For all finance receivables, Ford Credit defines “past due” as any payment, including principal and interest, that is at least 31 days past the contractual due date.

Ford Credit finance receivables, net were as follows (in millions):
 December 31,
2025		March 31,
2026
Consumer  
Retail installment contracts, gross$80,467 $78,821 
Finance leases, gross9,274 9,102 
Retail financing, gross89,741 87,923 
Unearned interest supplements(4,486)(4,266)
Consumer finance receivables85,255 83,657 
Non-Consumer 
Dealer financing26,235 23,787 
Non-Consumer finance receivables26,235 23,787 
Total recorded investment$111,490 $107,444 
Recorded investment in finance receivables$111,490 $107,444 
Allowance for credit losses(911)(937)
Total finance receivables, net$110,579 $106,507 
Current portion$49,130 $46,185 
Non-current portion61,449 60,322 
Total finance receivables, net$110,579 $106,507 
Net finance receivables subject to fair value (a)$101,822 $97,936 
Fair value (b)102,499 98,349 
__________
(a)Net finance receivables subject to fair value exclude finance leases.
(b)The fair value of finance receivables is categorized within Level 3 of the fair value hierarchy.

Ford Credit’s finance leases are comprised of sales-type and direct financing leases. Financing revenue from finance leases for the first quarter of 2025 and 2026 was $137 million and $155 million, respectively, and is included in Ford Credit revenues on our consolidated income statements.

At December 31, 2025 and March 31, 2026, accrued interest was $314 million and $293 million, respectively, which we report in Other assets in the current assets section of our consolidated balance sheets.

Included in the recorded investment in finance receivables at December 31, 2025 and March 31, 2026 were consumer receivables of $43.8 billion and $43.0 billion, respectively, and non-consumer receivables of $20.3 billion and $19.0 billion, respectively, (including Ford Blue, Ford Model e, and Ford Pro receivables sold to Ford Credit, which we report in Trade and other receivables) that have been sold for legal purposes in securitization transactions but continue to be reported in our consolidated financial statements. The receivables are available only for payment of the debt issued by, and other obligations of, the securitization entities that are parties to those securitization transactions; they are not available to pay the other obligations or the claims of Ford Credit’s other creditors. Ford Credit holds the right to receive the excess cash flows not needed to pay the debt issued by, and other obligations of, the securitization entities that are parties to those securitization transactions.
NOTE 8. FORD CREDIT FINANCE RECEIVABLES AND ALLOWANCE FOR CREDIT LOSSES (Continued)

Credit Quality

Consumer Portfolio. Credit quality ratings for consumer receivables are based on aging. Receivables over 60 days past due are in intensified collection status.

The credit quality analysis of consumer receivables at December 31, 2025 and gross charge-offs during the year ended December 31, 2025 were as follows (in millions):
Amortized Cost Basis by Origination Year
Prior to 202120212022202320242025TotalPercent
Consumer
31 - 60 days past due$61 $65 $139 $228 $275 $166 $934 1.1%
Greater than 60 days past due21 24 51 75 89 60 320 0.4 
Total past due82 89 190 303 364 226 1,254 1.5 
Current1,139 2,206 6,290 15,071 26,716 32,579 84,001 98.5 
Total$1,221 $2,295 $6,480 $15,374 $27,080 $32,805 $85,255 100.0%
Gross charge-offs$54 $54 $124 $187 $205 $42 $666 

The credit quality analysis of consumer receivables at March 31, 2026 and gross charge-offs during the period ended March 31, 2026 were as follows (in millions):
Amortized Cost Basis by Origination Year
Prior to 202220222023202420252026TotalPercent
Consumer
31 - 60 days past due$96 $118 $199 $259 $199 $13 $884 1.1%
Greater than 60 days past due30 39 59 76 58 — 262 0.3 
Total past due126 157 258 335 257 13 1,146 1.4 
Current2,452 5,160 12,909 24,259 30,618 7,113 82,511 98.6 
Total$2,578 $5,317 $13,167 $24,594 $30,875 $7,126 $83,657 100.0%
Gross charge-offs$21 $27 $48 $65 $36 $— $197 

Non-Consumer Portfolio. The credit quality of dealer financing receivables is evaluated based on Ford Credit’s internal dealer risk rating analysis. Ford Credit uses a proprietary model to assign each dealer a risk rating. This model uses historical dealer performance data to identify key factors about a dealer that are considered most significant in predicting a dealer’s ability to meet its financial obligations. Ford Credit also considers numerous other financial and qualitative factors of the dealer’s operations, including capitalization and leverage, liquidity and cash flow, profitability, and credit history with Ford Credit and other creditors.

Dealers are assigned to one of four groups according to risk ratings as follows:

•Group I – strong to superior financial metrics
•Group II – fair to favorable financial metrics
•Group III – marginal to weak financial metrics
•Group IV – poor financial metrics, including dealers classified as uncollectible

Ford Credit generally suspends credit lines and extends no further funding to dealers classified in Group IV.
NOTE 8. FORD CREDIT FINANCE RECEIVABLES AND ALLOWANCE FOR CREDIT LOSSES (Continued)

The credit quality analysis of dealer financing receivables at December 31, 2025 and gross charge-offs during the year ended December 31, 2025 were as follows (in millions):
Amortized Cost Basis by Origination YearWholesale Loans
Dealer Loans
Prior to 202120212022202320242025TotalTotalPercent
Group I$269 $68 $31 $149 $78 $268 $863 $20,608 $21,471 81.8%
Group II25 8 4 33 46 44 160 3,979 4,139 15.8 
Group III1 — — 2 1 11 15 584 599 2.3 
Group IV— — — — — 2 2 24 26 0.1 
Total (a)$295 $76 $35 $184 $125 $325 $1,040 $25,195 $26,235 100.0%
Gross charge-offs$— $— $— $1 $— $— $1 $10 $11 
__________
(a)Total past due dealer financing receivables at December 31, 2025 were $8 million.

The credit quality analysis of dealer financing receivables at March 31, 2026 and gross charge-offs during the period ended March 31, 2026 were as follows (in millions):
Amortized Cost Basis by Origination YearWholesale Loans
Dealer Loans
Prior to 202220222023202420252026TotalTotalPercent
Group I$289 $30 $145 $83 $173 $128 $848 $18,443 $19,291 81.1%
Group II34 3 34 47 24 34 176 3,673 3,849 16.2 
Group III1 — 1 2 1 7 12 621 633 2.6 
Group IV— — — — 1 — 1 13 14 0.1 
Total (a)$324 $33 $180 $132 $199 $169 $1,037 $22,750 $23,787 100.0%
Gross charge-offs$— $— $— $— $— $— $— $5 $5 
__________
(a)Total past due dealer financing receivables at March 31, 2026 were $5 million.

Allowance for Credit Losses

The allowance for credit losses represents an estimate of the lifetime expected credit losses inherent in finance receivables as of the balance sheet date. The adequacy of the allowance for credit losses is assessed quarterly.

Adjustments to the allowance for credit losses are made by recording charges to Ford Credit interest, operating, and other expenses on our consolidated income statements. The uncollectible portion of a finance receivable is charged to the allowance for credit losses at the earlier of when an account is deemed to be uncollectible or when an account is 120 days delinquent, taking into consideration the financial condition of the customer or borrower, the value of the collateral, recourse to guarantors, and other factors.

Charge-offs on finance receivables include uncollected amounts related to principal, interest, late fees, and other allowable charges. Recoveries on finance receivables previously charged off as uncollectible are credited to the allowance for credit losses. In the event Ford Credit repossesses the collateral, the receivable is charged off and the collateral is recorded at its estimated fair value less costs to sell and reported in Other assets on our consolidated balance sheets.
NOTE 8. FORD CREDIT FINANCE RECEIVABLES AND ALLOWANCE FOR CREDIT LOSSES (Continued)

An analysis of the allowance for credit losses related to finance receivables for the periods ended March 31 was as follows (in millions):
First Quarter 2025
 ConsumerNon-ConsumerTotal
Allowance for credit losses
Beginning balance$860 $4 $864 
Charge-offs(166)(1)(167)
Recoveries40 — 40 
Provision for credit losses135 5 140 
Other (a)3 1 4 
Ending balance$872 $9 $881 

First Quarter 2026
 ConsumerNon-ConsumerTotal
Allowance for credit losses
Beginning balance$902 $9 $911 
Charge-offs(197)(5)(202)
Recoveries46 1 47 
Provision for credit losses169 3 172 
Other (a)9 — 9 
Ending balance$929 $8 $937 
__________
(a)    Includes gains/(losses) on unguaranteed residuals on retail balloon and finance lease receivables as well as amounts related to foreign currency translation adjustments.
v3.26.1
INVENTORIES
 3 Months Ended
Mar. 31, 2026
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
Inventories were as follows (in millions):
 December 31,
2025		March 31,
2026
Raw materials, work-in-process, and supplies$6,020 $6,403 
Finished products9,265 10,134 
Total inventories$15,285 $16,537 
v3.26.1
OTHER LIABILITIES AND DEFERRED REVENUE
 3 Months Ended
Mar. 31, 2026
Other Liabilities [Abstract]  
OTHER LIABILITIES AND DEFERRED REVENUE OTHER LIABILITIES AND DEFERRED REVENUE
Other liabilities and deferred revenue were as follows (in millions):
 December 31,
2025		March 31,
2026
Current
Dealer and dealers’ customer allowances and claims$15,293 $14,466 
Deferred revenue4,489 4,434 
Employee benefit plans3,507 2,224 
Accrued interest1,453 1,403 
Operating lease liabilities567 567 
OPEB (a)331 330 
Pension (a)228 227 
Other (b)5,911 6,198 
Total current other liabilities and deferred revenue$31,779 $29,849 
Non-current 
Dealer and dealers’ customer allowances and claims$12,136 $12,246 
Deferred revenue5,360 5,363 
OPEB (a)4,031 3,951 
Pension (a)3,701 3,548 
Operating lease liabilities1,835 1,818 
Employee benefit plans792 817 
Other (b)3,047 2,418 
Total non-current other liabilities and deferred revenue$30,902 $30,161 
__________
(a)Balances at March 31, 2026 reflect pension and OPEB liabilities at December 31, 2025, updated for: service and interest cost; expected return on assets; curtailments, settlements, and associated interim remeasurement (where applicable); separation expense; actual benefit payments; and cash contributions. For plans without interim remeasurement, the discount rate and rate of expected return assumptions are unchanged from year-end 2025. Included in Other assets are pension assets of $3.7 billion and $4.1 billion at December 31, 2025 and March 31, 2026, respectively.
(b)Includes current derivative liabilities of $0.5 billion at both December 31, 2025 and March 31, 2026. Includes non-current derivative liabilities of $0.5 billion and $0.4 billion at December 31, 2025 and March 31, 2026, respectively. (See Note 13.)
v3.26.1
RETIREMENT BENEFITS
 3 Months Ended
Mar. 31, 2026
Retirement Benefits [Abstract]  
RETIREMENT BENEFITS RETIREMENT BENEFITS
Defined Benefit Plans - Expense

The pre-tax net periodic benefit cost/(income) for our defined benefit pension and OPEB plans for the periods ended March 31 were as follows (in millions):
First Quarter
20252026
 Pension BenefitsOPEBPension BenefitsOPEB
 U.S. PlansNon-U.S. PlansWorldwide U.S. PlansNon-U.S. PlansWorldwide
Service cost$52 $48 $5 $53 $44 $5 
Interest cost393 224 55 353 248 50 
Expected return on assets(456)(278)— (449)(295)— 
Amortization of prior service costs/(credits)
22 6 2 22 6 2 
Net remeasurement (gain)/loss— (10)— — (243)— 
Separation costs/other7 24 — — 53 — 
Settlements and curtailments
— — — — 15 — 
Net periodic benefit cost/(income)
$18 $14 $62 $(21)$(172)$57 

The service cost component is included in Cost of sales and Selling, administrative, and other expenses. Other components of net periodic benefit cost/(income) are included in Other income/(loss), net on our consolidated income statements.

Pension Plan Contributions
During 2026, we continue to expect to contribute about $550 million of cash to our global funded pension plans. We also expect to make about $400 million of benefit payments to participants in unfunded plans. In the first quarter of 2026, we contributed $178 million to our global funded pension plans and made $97 million of benefit payments to participants in unfunded plans.
v3.26.1
DEBT
 3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
DEBT DEBT
The carrying value of Company debt excluding Ford Credit and Ford Credit debt was as follows (in millions):
December 31,
2025		March 31,
2026
Company excluding Ford Credit  
Debt payable within one year
Short-term$1,355 $1,385 
Long-term debt payable within one year 
Public unsecured debt securities1,672 1,672 
Convertible notes (a)2,300 — 
Other debt (including finance leases) (b)226 212 
Unamortized (discount)/premium and issuance costs(3)(1)
Total debt payable within one year5,550 3,268 
Long-term debt payable after one year 
Public unsecured debt securities13,087 13,087 
U.K. Export Finance Program2,355 2,317 
Other debt (including finance leases) (b)1,210 1,196 
Unamortized (discount)/premium and issuance costs(283)(273)
Total long-term debt payable after one year16,369 16,327 
Total Company excluding Ford Credit$21,919 $19,595 
Fair value of Company debt excluding Ford Credit (c)$21,640 $18,736 
Ford Credit 
Debt payable within one year
Short-term$18,350 $16,077 
Long-term payable within one year 
Unsecured debt13,625 12,345 
Asset-backed debt19,831 19,137 
Unamortized (discount)/premium and issuance costs(18)(17)
Fair value adjustments (d)(36)(19)
Total debt payable within one year51,752 47,523 
Long-term debt payable after one year
Unsecured debt52,357 55,384 
Asset-backed debt37,741 35,283 
Unamortized (discount)/premium and issuance costs(229)(238)
Fair value adjustments (d)(204)(421)
Total long-term debt payable after one year89,665 90,008 
Total Ford Credit$141,417 $137,531 
Fair value of Ford Credit debt (c)$144,213 $139,329 
__________
(a)On March 16, 2026, we settled the principal amount of our $2.3 billion 0.00% Convertible Senior Notes in cash and issued 6.6 million shares of Ford Common Stock held as treasury stock to settle the conversion premium, which were subsequently repurchased as part of our anti-dilutive share repurchase program.
(b)At December 31, 2025 and March 31, 2026, long-term finance leases payable within one year were $136 million and $129 million, respectively, and long-term finance leases payable after one year were $754 million and $752 million, respectively.
(c)At December 31, 2025 and March 31, 2026, the fair value of debt includes $1.4 billion and $1.4 billion of Company excluding Ford Credit short-term debt, respectively, and $16.4 billion and $15.2 billion of Ford Credit short-term debt, respectively, carried at cost, which approximates fair value. All other debt is categorized within Level 2 of the fair value hierarchy.
(d)These adjustments are related to hedging activity and include discontinued hedging relationship adjustments of $(319) million and $(251) million at December 31, 2025 and March 31, 2026, respectively. The carrying value of hedged debt was $41.7 billion and $44.7 billion at December 31, 2025 and March 31, 2026, respectively.
v3.26.1
DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES
 3 Months Ended
Mar. 31, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES
In the normal course of business, our operations are exposed to global market risks, including the effect of changes in foreign currency exchange rates, certain commodity prices, and interest rates. To manage these risks, we enter into derivative and nonderivative contracts and have elected to apply hedge accounting to certain of these instruments. Derivatives that are designated in hedging relationships are evaluated for effectiveness using regression analysis at the time they are designated and throughout the hedge period. Some derivatives do not qualify for hedge accounting; for others, we elect not to apply hedge accounting.

Income Effect of Derivative Financial Instruments

The gains/(losses), by hedge designation, reported in income for the periods ended March 31 were as follows (in millions):
 First Quarter
Cash flow hedges
20252026
Reclassified from AOCI to Cost of sales
Foreign currency exchange contracts (a)
$74 $(12)
Commodity contracts (b)
11 28 
Fair value hedges
Interest rate contracts
Net interest settlements and accruals on hedging instruments
(48)(7)
Fair value changes on hedging instruments329 (178)
Fair value changes on hedged debt(324)170 
Cross-currency interest rate swap contracts
Net interest settlements and accruals on hedging instruments
(25)(12)
Fair value changes on hedging instruments146 (203)
Fair value changes on hedged debt(136)204 
Derivatives not designated as hedging instruments
Foreign currency exchange contracts (c)60 (34)
Cross-currency interest rate swap contracts
102 (90)
Interest rate contracts(45)91 
Commodity contracts11 41 
Total$155 $(2)
__________
(a)For the first quarter of 2025 and 2026, a $78 million loss and a $136 million gain, respectively, were reported in Other comprehensive income/(loss), net of tax.
(b)For the first quarter of 2025 and 2026, a $4 million loss and a $78 million gain, respectively, were reported in Other comprehensive income/(loss), net of tax.
(c)For the first quarter of 2025 and 2026, a $70 million gain and a $63 million loss, respectively, were reported in Cost of sales, and a $10 million loss and a $29 million gain, respectively, were reported in Other income/(loss), net.
NOTE 13. DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Continued)

Balance Sheet Effect of Derivative Financial Instruments

Derivative assets and liabilities are reported on our consolidated balance sheets at fair value and are presented on a gross basis. The notional amounts of the derivative instruments do not necessarily represent amounts exchanged by the parties and are not a direct measure of our financial exposure. We also enter into master agreements with counterparties that may allow for netting of exposures in the event of default or breach of the counterparty agreement. Collateral represents cash received or paid under reciprocal arrangements that we have entered into with our derivative counterparties, which we do not use to offset our derivative assets and liabilities.

The fair value of our derivative instruments and the associated notional amounts were as follows (in millions):
December 31, 2025March 31, 2026
NotionalFair Value of
Assets		Fair Value of
Liabilities		NotionalFair Value of
Assets		Fair Value of
Liabilities
Cash flow hedges   
Foreign currency exchange contracts
$17,750 $98 $114 $16,384 $174 $64 
Commodity contracts940 122 — 995 167 7 
Fair value hedges
Interest rate contracts18,582 374 220 21,437 225 244 
Cross-currency interest rate swap contracts
4,158 383 5 5,050 247 69 
Derivatives not designated as hedging instruments
Foreign currency exchange contracts24,934 150 180 24,848 130 256 
Cross-currency interest rate swap contracts
7,121 379 28 5,912 238 33 
Interest rate contracts87,293 364 619 88,018 439 470 
Commodity contracts803 56 1 909 91 4 
Total derivative financial instruments, gross (a) (b)
$161,581 $1,926 $1,167 $163,553 $1,711 $1,147 
Current portion
$634 $643 $682 $748 
Non-current portion
1,292 524 1,029 399 
Total derivative financial instruments, gross
$1,926 $1,167 $1,711 $1,147 
__________
(a)At December 31, 2025 and March 31, 2026, we held collateral of $5 million and $4 million, respectively, and we posted collateral of $102 million and $111 million, respectively.
(b)At December 31, 2025 and March 31, 2026, the fair value of assets and liabilities available for counterparty netting was $814 million and $843 million, respectively. All derivatives are categorized within Level 2 of the fair value hierarchy.

Nonderivative Hedging Instruments

In the first quarter of 2026, we designated a foreign-denominated debt issuance as a net investment hedge to manage the foreign currency risk of a portion of our investment in a foreign subsidiary with non-U.S. dollar functional currency. The designated balance of $839 million at March 31, 2026 is reported in Ford Credit debt on our consolidated balance sheets. The cumulative foreign currency remeasurement gains and losses on the designated debt are recorded in Accumulated other comprehensive income/(loss), offsetting translation adjustments on the investment. Upon the sale or substantial liquidation of our investment in the foreign subsidiary, the gains and losses are reclassified to Other income/(loss), net. For the first quarter of 2026, a $28 million gain was recognized in Foreign currency translation, a component of Other comprehensive income/(loss), net of tax, and no amount was reclassified to income.
v3.26.1
EMPLOYEE SEPARATION ACTIONS AND EXIT AND DISPOSAL ACTIVITIES
 3 Months Ended
Mar. 31, 2026
Restructuring and Related Activities [Abstract]  
EMPLOYEE SEPARATION ACTIONS AND EXIT AND DISPOSAL ACTIVITIES EMPLOYEE SEPARATION ACTIONS AND EXIT AND DISPOSAL ACTIVITIES
We generally record costs associated with voluntary separations at the time of employee acceptance. We generally record costs associated with involuntary separation programs when management has approved the plan for separation, the affected employees are identified, and it is unlikely that actions required to complete the separation plan will change significantly. Costs associated with benefits that are contingent on the employee continuing to provide service are accrued over the required service period.

Company excluding Ford Credit

Employee separation actions and exit and disposal activities include employee separation costs, facility and other asset-related charges (e.g., impairment, accelerated depreciation), dealer and supplier payments, other statutory and contractual obligations, and other expenses, which are recorded in Cost of sales and Selling, administrative, and other expenses.

The following table summarizes the activities (primarily hourly and salaried worker separation programs in Europe, which are expected to be substantially complete by the end of 2027) for the periods ended March 31, which are recorded in Other liabilities and deferred revenue (in millions):
First Quarter
20252026
Beginning balance$1,098 $1,457 
Changes in accruals (a)47 368 
Payments(178)(770)
Foreign currency translation and other32 (26)
Ending balance$999 $1,029 
__________
(a)Excludes pension costs of $24 million and $68 million in the first quarter of 2025 and 2026, respectively.

We estimate that we will incur total charges in 2026 that range between $500 million and $1 billion related to initiated actions, primarily attributable to employee separations; some charges are related to plans that are subject to negotiations with a works council, union, or other social partner. In addition, we continue to review our global businesses and may take additional restructuring actions where a path to sustained profitability is not feasible.
v3.26.1
ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)
 3 Months Ended
Mar. 31, 2026
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)
The changes in the balances for each component of accumulated other comprehensive income/(loss) attributable to Ford Motor Company for the periods ended March 31 were as follows (in millions):
First Quarter
20252026
Foreign currency translation
Beginning balance$(6,899)$(4,878)
Gains/(Losses) on foreign currency translation497 (293)
Less: Tax/(Tax benefit) (a)(28)(31)
Net gains/(losses) on foreign currency translation 525 (262)
(Gains)/Losses reclassified from AOCI to net income (b)(4)5 
Other comprehensive income/(loss), net of tax521 (257)
Ending balance$(6,378)$(5,135)
Marketable securities
Beginning balance$(50)$81 
Gains/(Losses) on available for sale securities88 (82)
Less: Tax/(Tax benefit)19 (19)
Net gains/(losses) on available for sale securities69 (63)
(Gains)/Losses reclassified from AOCI to net income(2)(9)
Less: Tax/(Tax benefit)— (3)
Net (gains)/losses reclassified from AOCI to net income (b)(2)(6)
Other comprehensive income/(loss), net of tax67 (69)
Ending balance$17 $12 
Derivative instruments
Beginning balance$277 $(38)
Gains/(Losses) on derivative instruments(82)193 
Less: Tax/(Tax benefit)(19)50 
Net gains/(losses) on derivative instruments(63)143 
(Gains)/Losses reclassified from AOCI to net income(85)(16)
Less: Tax/(Tax benefit)(19)(4)
Net (gains)/losses reclassified from AOCI to net income (c)(66)(12)
Other comprehensive income/(loss), net of tax(129)131 
Ending balance$148 $93 
Pension and other postretirement benefits
Beginning balance$(2,967)$(2,875)
Amortization and recognition of prior service costs/(credits)
30 30 
Less: Tax/(Tax benefit)7 7 
Net prior service costs/(credits) reclassified from AOCI to net income
23 23 
Translation impact on non-U.S. plans
(1)2 
Other comprehensive income/(loss), net of tax22 25 
Ending balance$(2,945)$(2,850)
Total AOCI ending balance at March 31$(9,158)$(7,880)
__________
(a)We do not recognize deferred taxes for a majority of the foreign currency translation gains and losses because we do not anticipate reversal in the foreseeable future. However, we have made elections to tax certain non-U.S. operations simultaneously in U.S. tax returns, and have recorded deferred taxes for temporary differences that will reverse, independent of repatriation plans, in U.S. tax returns. Taxes or tax benefits resulting from foreign currency translation of the temporary differences are recorded in Other comprehensive income/(loss), net of tax.
(b)Reclassified to Other Income/(Loss), net.
(c)Reclassified to Cost of sales. During the next twelve months, we expect to reclassify existing net gains on cash flow hedges of $202 million (see Note 13).
v3.26.1
VARIABLE INTEREST ENTITIES
 3 Months Ended
Mar. 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
VARIABLE INTEREST ENTITIES VARIABLE INTEREST ENTITIES
Certain of our affiliates are VIEs in which we are not the primary beneficiary. Our maximum exposure to any potential losses associated with these unconsolidated affiliates is limited to our equity investments, accounts receivable, loans, and guarantees and was $5.2 billion and $5.3 billion at December 31, 2025 and March 31, 2026, respectively. The guarantee exposure is related to certain debt at our unconsolidated affiliates, which includes amounts outstanding as well as potential future draws up to a maximum amount of $4.9 billion at both December 31, 2025 and March 31, 2026, related to certain obligations of our VIEs (see Note 17).

In July 2022, Ford, SK On Co., Ltd. (“SK On”), and SK Battery America, Inc. (“SKBA,” a wholly owned subsidiary of SK On) completed the creation of BlueOval SK, LLC (“BOSK”), a 50/50 joint venture formed to build and operate an EV battery plant in Tennessee and two EV battery plants in Kentucky to supply batteries to Ford and Ford affiliates. BOSK is a VIE of which we are not the primary beneficiary, and we use the equity method of accounting for our investment. In December 2024, BOSK entered into a loan agreement with the United States Department of Energy (“DOE”) of up to $9.6 billion (the “BOSK DOE Loan”). In conjunction with the loan agreement, Ford agreed to guarantee its 50% share of BOSK’s payment obligations under the BOSK DOE Loan. After its draws on the BOSK DOE Loan, BOSK distributed $3.1 billion (including $1.7 billion in the first quarter of 2025) to Ford as returns of capital. As of March 31, 2026, Ford recognized contributions (net of returns of capital) to BOSK of $3.5 billion of its agreed capital contribution of up to $6.6 billion through 2026. The total amount of capital contributions is subject to adjustments agreed to by the parties.

Since the formation of BOSK, our and the automotive industry’s expectations for EV adoption rates have shifted significantly and led to a decline in our expected volume requirements for batteries. Accordingly, in December 2025, Ford, SK On, SKBA, and BOSK entered into a Joint Venture Disposition Agreement (“JVDA”), which is expected to close in the second quarter of 2026.

Pursuant to the JVDA, our membership interest in BOSK will be redeemed, and a Ford subsidiary will receive the two Kentucky plants and related assets, and will assume the related liabilities, including the portion of the BOSK DOE Loan related to the Kentucky plants, which Ford guaranteed as noted above. We used the market and cost approaches to estimate the fair value of BOSK’s long-lived assets and determined the value of the liabilities to be assumed is expected to exceed the value of the assets received. Accordingly, we do not expect to recover the carrying amount of our investment in BOSK. The carrying value of our investment in BOSK was $0 at both December 31, 2025 and March 31, 2026.

Upon closing of the transactions contemplated by the JVDA, we expect to recognize additional charges primarily because the value of the liabilities to be assumed is expected to exceed the value of the assets received. Moreover, upon closing, Ford will no longer have an obligation to make capital contributions to BOSK and will be released from the BOSK DOE Loan guarantee related to the Tennessee plant.
v3.26.1
COMMITMENTS AND CONTINGENCIES
 3 Months Ended
Mar. 31, 2026
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES COMMITMENTS AND CONTINGENCIES
Commitments and contingencies primarily consist of guarantees and indemnifications, litigation and claims, and warranty and field service actions.

Guarantees and Indemnifications

Financial Guarantees. Financial guarantees and indemnifications are recorded at fair value at their inception. Subsequent to initial recognition, the guarantee liability is adjusted at each reporting period to reflect the current estimate of expected payments resulting from possible default events over the remaining life of the guarantee. The maximum potential payments for financial guarantees were $5.4 billion and $5.3 billion at December 31, 2025 and March 31, 2026, respectively. See Note 16 for additional information. The carrying value of recorded liabilities related to financial guarantees was $92 million at both December 31, 2025 and March 31, 2026.

Our financial guarantees consist of debt and lease obligations of certain joint ventures, as well as certain financial obligations of outside third parties, including suppliers, to support our business and economic growth. Expiration dates vary through 2040, and guarantees will terminate on payment and/or cancellation of the underlying obligation. A payment by us would be triggered by failure of the joint venture or other third party to fulfill its obligation covered by the guarantee. In some circumstances, we are entitled to recover from a third party amounts paid by us under the guarantee.

Non-Financial Guarantees. Non-financial guarantees and indemnifications are recorded at fair value at their inception. We regularly review our performance risk under these arrangements, and in the event it becomes probable we will be required to perform under a guarantee or indemnity, the probable amount of payment is recorded. The maximum potential payments and carrying values of recorded liabilities related to non-financial guarantees were de minimis at both December 31, 2025 and March 31, 2026.

In the ordinary course of business, we execute contracts involving indemnifications standard in the industry and indemnifications specific to a transaction, such as the sale of a business. These indemnifications might include and are not limited to claims relating to any of the following: environmental, tax, and shareholder matters; intellectual property rights; power generation contracts; governmental regulations and employment-related matters; dealer, supplier, and other commercial contractual relationships; and financial matters, such as securitizations. Performance under these indemnities generally would be triggered by a breach of contract claim brought by a counterparty, including a joint venture or alliance partner, or a third-party claim. While some of these indemnifications are limited in nature, many of them do not limit potential payment. Therefore, we are unable to estimate a maximum amount of future payments that could result from claims made under these unlimited indemnities.
NOTE 17. COMMITMENTS AND CONTINGENCIES (Continued)

Litigation and Claims

Various legal actions, proceedings, and claims (generally, “matters”) are pending or may be instituted or asserted against us. These include, but are not limited to, matters arising out of alleged defects in our products; product warranties; governmental regulations relating to safety, emissions, and fuel economy or other matters; government incentives; tax matters, including trade and customs; alleged illegal acts resulting in fines or penalties; financial services; employment-related matters; dealer, supplier, and other contractual relationships; intellectual property rights; environmental matters; shareholder or investor matters; and financial reporting matters. Certain of the pending legal actions are, or purport to be, class actions. Some of the matters involve or may involve claims for compensatory, punitive, or antitrust or other treble damages that are significant, or demands for field service actions, environmental remediation programs, sanctions, loss of government incentives, assessments, or other relief, which, if granted, would require significant expenditures.

The extent of our financial exposure to these matters is difficult to estimate. Many matters do not specify a dollar amount for damages, and many others specify only a jurisdictional minimum. To the extent an amount is asserted, our historical experience suggests that in most instances the amount asserted is not a reliable indicator of the ultimate outcome.

We accrue for matters when losses are deemed probable and reasonably estimable. In evaluating matters for accrual and disclosure purposes, we take into consideration factors such as our historical experience with matters of a similar nature, the specific facts and circumstances asserted, the likelihood that we will prevail, and the severity of any potential loss. We reevaluate and update our accruals as matters progress over time.

For the majority of matters, which generally arise out of alleged defects in our products, we establish an accrual based on our extensive historical experience with similar matters. We do not believe there is a reasonably possible outcome materially in excess of our accrual for these matters. For the remaining matters, where our historical experience with similar matters is of more limited value (i.e., “non-pattern matters”), we evaluate the matters primarily based on the individual facts and circumstances. For non-pattern matters, we evaluate whether there is a reasonable possibility of a material loss in excess of any accrual that can be estimated.

Our estimate of reasonably possible loss in excess of our accruals for all material matters currently reflects indirect tax and regulatory matters, for which we estimate the aggregate risk to be a range of up to about $0.4 billion.

As noted, the litigation process is subject to many uncertainties, and the outcome of individual matters is not predictable with assurance. Our assessments are based on our knowledge and experience, but the ultimate outcome of any matter could require payment substantially in excess of the amount that we have accrued and/or disclosed.
NOTE 17. COMMITMENTS AND CONTINGENCIES (Continued)

Warranty and Field Service Actions

We accrue the estimated cost of both base warranty coverages and field service actions at the time of sale. We establish our estimate of base warranty obligations using a patterned estimation model, using historical information regarding the nature, frequency, and average cost of claims for each vehicle line by model year. We establish our estimates of field service action obligations using a patterned estimation model, using historical information regarding the nature, frequency, severity, and average cost of claims for each model year. In addition, from time to time, we issue extended warranties at our expense, the estimated cost of which is accrued at the time of issuance. Warranty and field service action obligations are reported in Other liabilities and deferred revenue. We reevaluate the adequacy of our accruals on a regular basis.

We recognize the benefit from a recovery of the costs associated with our warranty and field service actions when specifics of the recovery have been agreed with our supplier and the amount of recovery is virtually certain. Recoveries are reported in Trade and other receivables, net and Other assets.

The estimate of our future warranty and field service action costs, net of estimated supplier recoveries, for the periods ended March 31 was as follows (in millions):
First Quarter
 20252026
Beginning balance$14,032 $17,190 
Payments made during the period(1,457)(1,487)
Changes in accrual related to warranties issued during the period1,689 1,374 
Changes in accrual related to pre-existing warranties356 (189)
Foreign currency translation and other29 140 
Ending balance$14,649 $17,028 

Changes to our estimated costs are reported as changes in accrual related to pre-existing warranties in the table above. In addition, our estimate of reasonably possible costs in excess of our accruals for material field service actions and customer satisfaction actions is a range of up to about $2.0 billion in the aggregate.
v3.26.1
SEGMENT INFORMATION
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
We report segment information consistent with the way our chief operating decision maker (“CODM”), our President and Chief Executive Officer, evaluates the operating results and performance of the Company. Accordingly, we analyze the results of our business through the following segments: Ford Blue, Ford Model e, Ford Pro, and Ford Credit.

Below is a description of our reportable segments and other activities.

Ford Blue Segment

Ford Blue primarily includes the sale of Ford and Lincoln internal combustion engine (“ICE”) and hybrid (excluding extended range electric vehicles (“EREVs”)) vehicles, service parts, accessories, and digital services for retail customers, together with the associated costs of development, manufacture, and distribution of the vehicles, parts, accessories, and services. This segment focuses on developing Ford and Lincoln ICE and hybrid vehicles. Additionally, this segment provides hardware engineering and manufacturing capabilities to Ford Model e and manufactures vehicles on behalf of Ford Pro and, in certain cases, Ford Model e. Ford Blue also includes:
•All sales for markets not presently in scope for Ford Model e or Ford Pro (as further described below)
•In markets outside of the United States and Canada, sales to commercial, government, and rental customers of ICE and hybrid vehicles not considered core to Ford Pro
•Sales of EVs, including EREVs, by our unconsolidated affiliates in China
•All sales of vehicles manufactured and sold to other OEMs

Ford Model e Segment

Ford Model e primarily includes the sale of our EVs (including EREVs), service parts, accessories, and digital services for retail customers, together with the associated costs of development, manufacture, and distribution of the vehicles, parts, accessories, and services. This segment focuses on developing EV and digital vehicle technologies, as well as software development. Additionally, this segment provides software and connected vehicle technologies on behalf of the enterprise and manufactures certain EVs, including for Ford Pro. Ford Model e operates in North America, Europe, and China. Ford Model e also includes EV and related sales not considered core to Ford Pro to commercial, government, and rental customers in Europe, China, and Mexico.

Ford Pro Segment

Ford Pro primarily includes the sale of Ford and Lincoln vehicles, service parts, accessories, and services for commercial, government, and rental customers. Included in this segment are sales of all core Ford Pro vehicles, such as Super Duty and the Transit range of vans in North America and Europe and all sales of Ranger in Europe. In the United States and Canada, Ford Pro also includes all vehicle sales to commercial, government, and rental customers. This segment focuses on selling ICE, hybrid, and electric vehicles and providing digital and physical services to optimize and maintain fleets, including telematics and EV charging solutions. This segment reflects external sales of vehicles produced by Ford Blue and Ford Model e, and the costs (including intersegment markup) associated with acquiring vehicles for sale and providing services are reflected in this segment. Ford Pro operates in North America and Europe.

Ford Credit Segment

The Ford Credit segment is comprised of the Ford Credit business on a consolidated basis, which is primarily vehicle-related financing and leasing activities.
NOTE 18. SEGMENT INFORMATION (Continued)

Corporate Other

Corporate Other primarily includes corporate governance expenses, past service pension and OPEB income and expense, interest income (excluding Ford Credit interest income and interest earned on our extended service contract portfolio) and realized and unrealized gains and losses on our cash, cash equivalents, and marketable securities, and foreign exchange derivatives gains and losses associated with intercompany lending. Corporate governance expenses are primarily administrative, delivering benefit on behalf of the global enterprise, that are not allocated to operating segments. These include expenses related to setting and directing global policy, providing oversight and stewardship, and promoting the Company’s interests. Corporate Other assets include: cash, cash equivalents, and marketable securities; tax-related assets; defined benefit pension plan net assets; and other assets managed centrally.

Interest on Debt

Interest on Debt is presented as a separate reconciling item and consists of interest expense on Company debt excluding Ford Credit.

Special Items

Special items are presented as a separate reconciling item. They consist of (i) pension and OPEB remeasurement gains and losses, (ii) significant personnel expenses, supplier- and dealer-related costs, and facility-related charges stemming from our efforts to match production capacity and cost structure to market demand and changing model mix, and (iii) other items that we do not generally consider to be indicative of earnings from ongoing operating activities. Our management excludes these items from its review of the results of the operating segments for purposes of measuring segment profitability and allocating resources. We also report these special items separately to help investors track amounts related to these activities and to allow investors analyzing our results to identify certain infrequent significant items that they may wish to exclude when analyzing operating results.

CODM Evaluation of the Business

When we report segment earnings before interest and taxes (“Segment EBIT”) for each of the Ford Blue, Ford Model e, and Ford Pro segments, it consists of the earnings for the particular segment and does not include interest and taxes. Ford Credit segment earnings include interest and exclude taxes (“Segment EBT”). Each segment’s EBIT/EBT also excludes the results reported in Corporate Other and Special Items. For the Ford Blue, Ford Model e, and Ford Pro segments, our CODM reviews Segment EBIT and Segment EBIT margin, as well as market share, revenue, and wholesale volume to evaluate performance and allocate resources, predominately in the budgeting, planning, and forecasting processes. For Segment EBIT, our CODM reviews the year-over-year change in EBIT, sequential change in EBIT, and change in EBIT from internal forecasts/budgets. Revenue and certain of our costs, such as material costs, generally vary directly with changes in volume and mix of vehicles. As a result, our CODM reviews the effect of changes in volume and mix, exchange, and net pricing and cost categories (at constant volume and mix and/or exchange) on EBIT. For the Ford Credit segment, our CODM reviews Segment EBT to evaluate performance and allocate resources. Expense information is provided to and reviewed by the CODM on a consolidated basis to evaluate cost efficiency and company level performance.
NOTE 18. SEGMENT INFORMATION (Continued)

Segment Revenue, Cost, and Asset Principles for Ford Blue, Ford Model e, and Ford Pro

External vehicle and digital services revenue is generally vehicle-specific and included in the segment responsible for the external vehicle sale. A majority of parts and accessories revenue and cost is attributed to customer sales channels or vehicle lines based on recent end-customer sales and is included in the respective segment.

In the normal course of business, Ford Blue, Ford Model e, and Ford Pro transact between segments and cooperate to leverage synergies, including developing and manufacturing vehicles on behalf of another segment. When one segment produces a vehicle that is sold externally by another segment, an intersegment transaction occurs. The producing segment will report intersegment revenue to recoup the costs associated with the unit produced. This includes material cost, labor and overhead (including depreciation and amortization), inbound freight, and an intersegment markup. The intersegment markup amount is set to deliver a competitive return to the producing segment for its manufacturing and distribution service. Costs are reflected in the associated segment externally reporting the vehicle sale, as detailed in the table below:

Income Statement ElementsExamplesSegment Reporting
Costs specific to a particular vehicleBill of material cost and initial warranty accrualReported in the segment externally selling the vehicle
Costs identifiable by product lineManufacturing and logistics costs, depreciation & amortization expense, direct research & development costsTypically identifiable to the product line or production location. Reported in the segment externally selling the vehicle, based on relative volume
Shared costsSelling, general & administrative expense, and indirect/cross product line research & development costsTypically shared across all segments, generally based on relative volume. Certain costs clearly linked to a segment are reported in the specific segment
Intersegment markup costs for intersegment vehicle transactionsContract manufacturing and distribution feesReported in the segment externally selling the vehicle, for each applicable vehicle transaction

Assets are reported in each segment, aligned to the appropriate operational responsibility. Manufacturing assets, e.g., our plants and the machinery and equipment therein, are included in our Ford Blue and Ford Model e segments. Manufacturing assets producing only, or primarily, EVs and related components are reflected in Ford Model e. Manufacturing assets that support the production of ICE and hybrid vehicles, including those producing ICE and electric vehicles in the same facility, are included in Ford Blue. Company-owned vendor tooling dedicated to producing EV parts is reported in Ford Model e. Purchased regulatory credit compliance assets are reported in Ford Blue. There are no Ford manufacturing, Company-owned vendor tooling, or regulatory credit compliance assets reported in Ford Pro. Depreciation and amortization expense is reflected on the basis of production volume. Regulatory compliance credit expense is allocated by vehicle line between the Ford Blue and Ford Pro segments. Regardless of the segment reporting the asset, the related expenses are reported in the segment that reports the external vehicle sale.

Equity in net income/(loss) of affiliated companies is included in Income/(Loss) before income taxes, based primarily on which segment the entity supports or has the majority of the entity’s purchases or sales. The table below shows the segment reporting for our most significant unconsolidated entities:

Ford BlueFord Model eFord Pro
∘ Changan Ford Automobile Corporation, Ltd. (“CAF”)
∘ BlueOval SK, LLC (“BOSK”)
∘ Ford Otomotiv Sanayi Anonim Sirketi (“Ford Otosan”)
∘ Jiangling Motors Corporation, Ltd. (“JMC”)
∘ AutoAlliance (Thailand) Co., Ltd. (“AAT”)
NOTE 18. SEGMENT INFORMATION (Continued)

Key financial information for the periods ended or at March 31 was as follows (in millions):
 Ford BlueFord
Model e		Ford ProFord CreditUnallocated Amounts and Eliminations (a)Total
First Quarter 2025    
External revenues$20,997 $1,242 $15,181 $3,237 $2 $40,659 
Intersegment revenues (b)10,605 116 — — (10,721)— 
Total revenues$31,602 $1,358 $15,181 $3,237 $(10,719)$40,659 
Other segment items (c)31,506 2,207 13,872 2,657 
Segment EBIT/EBT$96 $(849)$1,309 $580 $1,136 
Reconciliation of Segment EBIT/EBT
Unallocated amounts:
Corporate Other(117)
Interest on debt (excludes $1,790 of Ford Credit interest on debt)
(288)
Special items (d)(110)
Income/(Loss) before income taxes$621 
Other Segment Disclosures
Depreciation and tooling amortization$729 $138 $348 $618 $15 $1,848 
Investment-related interest income48 1 15 91 196 351 
Equity in net income/(loss) of affiliated companies62 (20)40 10 2 94 
Cash outflow for capital spending987 761 7 28 35 1,818 
Total assets62,772 16,181 3,664 154,183 47,739 284,539 
First Quarter 2026
External revenues$23,858 $1,232 $14,723 $3,434 $6 $43,253 
Intersegment revenues (b)9,524 76 — — (9,600)— 
Total revenues$33,382 $1,308 $14,723 $3,434 $(9,594)$43,253 
Other segment items (c)31,440 2,085 13,038 2,651 
Segment EBIT/EBT$1,942 $(777)$1,685 $783 $3,633 
Reconciliation of Segment EBIT/EBT
Unallocated amounts:
Corporate Other(145)
Interest on debt (excludes $1,719 of Ford Credit interest on debt)
(350)
Special items (e)(226)
Income/(Loss) before income taxes$2,912 
Other Segment Disclosures
Depreciation and tooling amortization$738 $45 $348 $715 $37 $1,883 
Investment-related interest income52 1 16 77 170 316 
Equity in net income/(loss) of affiliated companies54 (4)100 13 (3)160 
Cash outflow for capital spending1,335 990 8 19 24 2,376 
Total assets66,111 6,976 3,924 157,627 47,796 282,434 
__________
(a)Unallocated amounts include Corporate Other (see above description of corporate expenses and corporate assets) and Special Items. Eliminations include intersegment transactions occurring in the ordinary course of business.
(b)Intersegment revenues only reflect finished vehicle transactions between Ford Blue, Ford Model e, and Ford Pro where there is an intersegment markup and are recognized at the time of the intersegment transaction.
(c)Other segment items for the Ford Blue, Ford Model e, and Ford Pro segments primarily includes material costs, manufacturing costs, warranty coverages and field service action costs, freight and distribution costs, vehicle and software engineering costs, spending-related costs, advertising and sales promotions costs, and administrative, information technology, and selling costs. Other segment items for the Ford Credit segment primarily includes interest expense and depreciation.
(d)Primarily reflects the cancellation of a previously planned all-electric three-row SUV program and continued ongoing restructuring actions in Europe.
(e)Primarily reflects ongoing restructuring actions in Europe and continued charges related to the EV program cancellations previously announced in December 2025, offset partially by pension and OPEB remeasurements.
v3.26.1
Insider Trading Arrangements
 3 Months Ended
Mar. 31, 2026
Trading Arrangements, by Individual  
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
v3.26.1
PRESENTATION (Policies)
 3 Months Ended
Mar. 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Consolidation For purposes of this report, “Ford,” the “Company,” “we,” “our,” “us,” or similar references mean Ford Motor Company, our consolidated subsidiaries, and our consolidated VIEs of which we are the primary beneficiary, unless the context requires otherwise.
Basis of Accounting Our consolidated financial statements are presented in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information, instructions to the Quarterly Report on Form 10-Q, and Rule 10-01 of Regulation S-X.
Adoption of New Accounting Standards and Accounting Standards Issued But Not Yet Adopted
Adoption of New Accounting Standards

Accounting Standards Updates (“ASUs”) adopted during 2026 had no material effect on our consolidated financial statements or financial statement disclosures.

Accounting Standards Issued But Not Yet Adopted

ASU 2024-03, Disaggregation of Income Statement Expenses (“DISE”). In November 2024, the Financial Accounting Standards Board (“FASB”) issued a new accounting standard to improve the disclosures about an entity’s expenses and address requests from investors for more detailed information about the types of expenses included in commonly presented expense captions. The new standard is effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027, with retrospective application permitted. We are assessing the effect on our consolidated financial statement disclosures; however, adoption will not affect our consolidated income statements, balance sheets, or statements of cash flows.

All other ASUs issued but not yet adopted were assessed and determined to be not applicable or are not expected to have a material effect on our consolidated financial statements or financial statement disclosures.
Revenue The amount of consideration we receive and revenue we recognize on our vehicles, parts, and accessories varies with changes in return rights, marketing incentives we offer to our customers and their customers, and other pricing adjustments. Estimates of marketing incentives and other pricing adjustments are based on our expectation of retail and fleet sales volumes, mix of products to be sold, competitor actions, and incentive programs to be offered. Customer acceptance of products and programs, as well as other market conditions, will affect these estimates.
Income Taxes For interim tax reporting, we estimate one single effective tax rate for tax jurisdictions not subject to a valuation allowance, which is applied to the year-to-date ordinary income/(loss). Tax effects of significant unusual or infrequently occurring items are excluded from the estimated annual effective tax rate calculation and recognized in the interim period in which they occur.
Cash, Cash Equivalents, and Marketable Securities We determine credit losses on AFS debt securities using the specific identification method.
Ford Credit Finance Receivables and Allowance for Credit Losses
Ford Credit manages finance receivables as “consumer” and “non-consumer” portfolios.  The receivables are generally secured by the vehicles, inventory, or other property being financed.

Finance receivables are recorded at the time of origination or purchase at fair value and are subsequently reported at amortized cost, net of any allowance for credit losses.

For all finance receivables, Ford Credit defines “past due” as any payment, including principal and interest, that is at least 31 days past the contractual due date.
Retirement Benefits The service cost component is included in Cost of sales and Selling, administrative, and other expenses. Other components of net periodic benefit cost/(income) are included in Other income/(loss), net on our consolidated income statements.
Derivative Financial Instruments and Hedging Activities
In the normal course of business, our operations are exposed to global market risks, including the effect of changes in foreign currency exchange rates, certain commodity prices, and interest rates. To manage these risks, we enter into derivative and nonderivative contracts and have elected to apply hedge accounting to certain of these instruments. Derivatives that are designated in hedging relationships are evaluated for effectiveness using regression analysis at the time they are designated and throughout the hedge period. Some derivatives do not qualify for hedge accounting; for others, we elect not to apply hedge accounting.
Derivative assets and liabilities are reported on our consolidated balance sheets at fair value and are presented on a gross basis. The notional amounts of the derivative instruments do not necessarily represent amounts exchanged by the parties and are not a direct measure of our financial exposure. We also enter into master agreements with counterparties that may allow for netting of exposures in the event of default or breach of the counterparty agreement. Collateral represents cash received or paid under reciprocal arrangements that we have entered into with our derivative counterparties, which we do not use to offset our derivative assets and liabilities.
Employee Separation Actions and Exit and Disposal Activities
We generally record costs associated with voluntary separations at the time of employee acceptance. We generally record costs associated with involuntary separation programs when management has approved the plan for separation, the affected employees are identified, and it is unlikely that actions required to complete the separation plan will change significantly. Costs associated with benefits that are contingent on the employee continuing to provide service are accrued over the required service period.
Guarantees, Indemnifications, Warranty, and Field Service Actions Financial Guarantees. Financial guarantees and indemnifications are recorded at fair value at their inception. Subsequent to initial recognition, the guarantee liability is adjusted at each reporting period to reflect the current estimate of expected payments resulting from possible default events over the remaining life of the guarantee. Non-Financial Guarantees. Non-financial guarantees and indemnifications are recorded at fair value at their inception. We regularly review our performance risk under these arrangements, and in the event it becomes probable we will be required to perform under a guarantee or indemnity, the probable amount of payment is recorded.
Warranty and Field Service Actions

We accrue the estimated cost of both base warranty coverages and field service actions at the time of sale. We establish our estimate of base warranty obligations using a patterned estimation model, using historical information regarding the nature, frequency, and average cost of claims for each vehicle line by model year. We establish our estimates of field service action obligations using a patterned estimation model, using historical information regarding the nature, frequency, severity, and average cost of claims for each model year. In addition, from time to time, we issue extended warranties at our expense, the estimated cost of which is accrued at the time of issuance. Warranty and field service action obligations are reported in Other liabilities and deferred revenue. We reevaluate the adequacy of our accruals on a regular basis.

We recognize the benefit from a recovery of the costs associated with our warranty and field service actions when specifics of the recovery have been agreed with our supplier and the amount of recovery is virtually certain. Recoveries are reported in Trade and other receivables, net and Other assets.
Commitments and Contingencies
Litigation and Claims

Various legal actions, proceedings, and claims (generally, “matters”) are pending or may be instituted or asserted against us. These include, but are not limited to, matters arising out of alleged defects in our products; product warranties; governmental regulations relating to safety, emissions, and fuel economy or other matters; government incentives; tax matters, including trade and customs; alleged illegal acts resulting in fines or penalties; financial services; employment-related matters; dealer, supplier, and other contractual relationships; intellectual property rights; environmental matters; shareholder or investor matters; and financial reporting matters. Certain of the pending legal actions are, or purport to be, class actions. Some of the matters involve or may involve claims for compensatory, punitive, or antitrust or other treble damages that are significant, or demands for field service actions, environmental remediation programs, sanctions, loss of government incentives, assessments, or other relief, which, if granted, would require significant expenditures.

The extent of our financial exposure to these matters is difficult to estimate. Many matters do not specify a dollar amount for damages, and many others specify only a jurisdictional minimum. To the extent an amount is asserted, our historical experience suggests that in most instances the amount asserted is not a reliable indicator of the ultimate outcome.

We accrue for matters when losses are deemed probable and reasonably estimable. In evaluating matters for accrual and disclosure purposes, we take into consideration factors such as our historical experience with matters of a similar nature, the specific facts and circumstances asserted, the likelihood that we will prevail, and the severity of any potential loss. We reevaluate and update our accruals as matters progress over time.
For the majority of matters, which generally arise out of alleged defects in our products, we establish an accrual based on our extensive historical experience with similar matters. We do not believe there is a reasonably possible outcome materially in excess of our accrual for these matters. For the remaining matters, where our historical experience with similar matters is of more limited value (i.e., “non-pattern matters”), we evaluate the matters primarily based on the individual facts and circumstances. For non-pattern matters, we evaluate whether there is a reasonable possibility of a material loss in excess of any accrual that can be estimated.
As noted, the litigation process is subject to many uncertainties, and the outcome of individual matters is not predictable with assurance. Our assessments are based on our knowledge and experience, but the ultimate outcome of any matter could require payment substantially in excess of the amount that we have accrued and/or disclosed.
Segment Information
We report segment information consistent with the way our chief operating decision maker (“CODM”), our President and Chief Executive Officer, evaluates the operating results and performance of the Company. Accordingly, we analyze the results of our business through the following segments: Ford Blue, Ford Model e, Ford Pro, and Ford Credit.

Below is a description of our reportable segments and other activities.

Ford Blue Segment

Ford Blue primarily includes the sale of Ford and Lincoln internal combustion engine (“ICE”) and hybrid (excluding extended range electric vehicles (“EREVs”)) vehicles, service parts, accessories, and digital services for retail customers, together with the associated costs of development, manufacture, and distribution of the vehicles, parts, accessories, and services. This segment focuses on developing Ford and Lincoln ICE and hybrid vehicles. Additionally, this segment provides hardware engineering and manufacturing capabilities to Ford Model e and manufactures vehicles on behalf of Ford Pro and, in certain cases, Ford Model e. Ford Blue also includes:
•All sales for markets not presently in scope for Ford Model e or Ford Pro (as further described below)
•In markets outside of the United States and Canada, sales to commercial, government, and rental customers of ICE and hybrid vehicles not considered core to Ford Pro
•Sales of EVs, including EREVs, by our unconsolidated affiliates in China
•All sales of vehicles manufactured and sold to other OEMs

Ford Model e Segment

Ford Model e primarily includes the sale of our EVs (including EREVs), service parts, accessories, and digital services for retail customers, together with the associated costs of development, manufacture, and distribution of the vehicles, parts, accessories, and services. This segment focuses on developing EV and digital vehicle technologies, as well as software development. Additionally, this segment provides software and connected vehicle technologies on behalf of the enterprise and manufactures certain EVs, including for Ford Pro. Ford Model e operates in North America, Europe, and China. Ford Model e also includes EV and related sales not considered core to Ford Pro to commercial, government, and rental customers in Europe, China, and Mexico.

Ford Pro Segment

Ford Pro primarily includes the sale of Ford and Lincoln vehicles, service parts, accessories, and services for commercial, government, and rental customers. Included in this segment are sales of all core Ford Pro vehicles, such as Super Duty and the Transit range of vans in North America and Europe and all sales of Ranger in Europe. In the United States and Canada, Ford Pro also includes all vehicle sales to commercial, government, and rental customers. This segment focuses on selling ICE, hybrid, and electric vehicles and providing digital and physical services to optimize and maintain fleets, including telematics and EV charging solutions. This segment reflects external sales of vehicles produced by Ford Blue and Ford Model e, and the costs (including intersegment markup) associated with acquiring vehicles for sale and providing services are reflected in this segment. Ford Pro operates in North America and Europe.

Ford Credit Segment

The Ford Credit segment is comprised of the Ford Credit business on a consolidated basis, which is primarily vehicle-related financing and leasing activities.
NOTE 18. SEGMENT INFORMATION (Continued)

Corporate Other

Corporate Other primarily includes corporate governance expenses, past service pension and OPEB income and expense, interest income (excluding Ford Credit interest income and interest earned on our extended service contract portfolio) and realized and unrealized gains and losses on our cash, cash equivalents, and marketable securities, and foreign exchange derivatives gains and losses associated with intercompany lending. Corporate governance expenses are primarily administrative, delivering benefit on behalf of the global enterprise, that are not allocated to operating segments. These include expenses related to setting and directing global policy, providing oversight and stewardship, and promoting the Company’s interests. Corporate Other assets include: cash, cash equivalents, and marketable securities; tax-related assets; defined benefit pension plan net assets; and other assets managed centrally.

Interest on Debt

Interest on Debt is presented as a separate reconciling item and consists of interest expense on Company debt excluding Ford Credit.

Special Items

Special items are presented as a separate reconciling item. They consist of (i) pension and OPEB remeasurement gains and losses, (ii) significant personnel expenses, supplier- and dealer-related costs, and facility-related charges stemming from our efforts to match production capacity and cost structure to market demand and changing model mix, and (iii) other items that we do not generally consider to be indicative of earnings from ongoing operating activities. Our management excludes these items from its review of the results of the operating segments for purposes of measuring segment profitability and allocating resources. We also report these special items separately to help investors track amounts related to these activities and to allow investors analyzing our results to identify certain infrequent significant items that they may wish to exclude when analyzing operating results.

CODM Evaluation of the Business

When we report segment earnings before interest and taxes (“Segment EBIT”) for each of the Ford Blue, Ford Model e, and Ford Pro segments, it consists of the earnings for the particular segment and does not include interest and taxes. Ford Credit segment earnings include interest and exclude taxes (“Segment EBT”). Each segment’s EBIT/EBT also excludes the results reported in Corporate Other and Special Items. For the Ford Blue, Ford Model e, and Ford Pro segments, our CODM reviews Segment EBIT and Segment EBIT margin, as well as market share, revenue, and wholesale volume to evaluate performance and allocate resources, predominately in the budgeting, planning, and forecasting processes. For Segment EBIT, our CODM reviews the year-over-year change in EBIT, sequential change in EBIT, and change in EBIT from internal forecasts/budgets. Revenue and certain of our costs, such as material costs, generally vary directly with changes in volume and mix of vehicles. As a result, our CODM reviews the effect of changes in volume and mix, exchange, and net pricing and cost categories (at constant volume and mix and/or exchange) on EBIT. For the Ford Credit segment, our CODM reviews Segment EBT to evaluate performance and allocate resources. Expense information is provided to and reviewed by the CODM on a consolidated basis to evaluate cost efficiency and company level performance.
NOTE 18. SEGMENT INFORMATION (Continued)

Segment Revenue, Cost, and Asset Principles for Ford Blue, Ford Model e, and Ford Pro

External vehicle and digital services revenue is generally vehicle-specific and included in the segment responsible for the external vehicle sale. A majority of parts and accessories revenue and cost is attributed to customer sales channels or vehicle lines based on recent end-customer sales and is included in the respective segment.

In the normal course of business, Ford Blue, Ford Model e, and Ford Pro transact between segments and cooperate to leverage synergies, including developing and manufacturing vehicles on behalf of another segment. When one segment produces a vehicle that is sold externally by another segment, an intersegment transaction occurs. The producing segment will report intersegment revenue to recoup the costs associated with the unit produced. This includes material cost, labor and overhead (including depreciation and amortization), inbound freight, and an intersegment markup. The intersegment markup amount is set to deliver a competitive return to the producing segment for its manufacturing and distribution service. Costs are reflected in the associated segment externally reporting the vehicle sale, as detailed in the table below:

Income Statement ElementsExamplesSegment Reporting
Costs specific to a particular vehicleBill of material cost and initial warranty accrualReported in the segment externally selling the vehicle
Costs identifiable by product lineManufacturing and logistics costs, depreciation & amortization expense, direct research & development costsTypically identifiable to the product line or production location. Reported in the segment externally selling the vehicle, based on relative volume
Shared costsSelling, general & administrative expense, and indirect/cross product line research & development costsTypically shared across all segments, generally based on relative volume. Certain costs clearly linked to a segment are reported in the specific segment
Intersegment markup costs for intersegment vehicle transactionsContract manufacturing and distribution feesReported in the segment externally selling the vehicle, for each applicable vehicle transaction

Assets are reported in each segment, aligned to the appropriate operational responsibility. Manufacturing assets, e.g., our plants and the machinery and equipment therein, are included in our Ford Blue and Ford Model e segments. Manufacturing assets producing only, or primarily, EVs and related components are reflected in Ford Model e. Manufacturing assets that support the production of ICE and hybrid vehicles, including those producing ICE and electric vehicles in the same facility, are included in Ford Blue. Company-owned vendor tooling dedicated to producing EV parts is reported in Ford Model e. Purchased regulatory credit compliance assets are reported in Ford Blue. There are no Ford manufacturing, Company-owned vendor tooling, or regulatory credit compliance assets reported in Ford Pro. Depreciation and amortization expense is reflected on the basis of production volume. Regulatory compliance credit expense is allocated by vehicle line between the Ford Blue and Ford Pro segments. Regardless of the segment reporting the asset, the related expenses are reported in the segment that reports the external vehicle sale.

Equity in net income/(loss) of affiliated companies is included in Income/(Loss) before income taxes, based primarily on which segment the entity supports or has the majority of the entity’s purchases or sales. The table below shows the segment reporting for our most significant unconsolidated entities:

Ford BlueFord Model eFord Pro
∘ Changan Ford Automobile Corporation, Ltd. (“CAF”)
∘ BlueOval SK, LLC (“BOSK”)
∘ Ford Otomotiv Sanayi Anonim Sirketi (“Ford Otosan”)
∘ Jiangling Motors Corporation, Ltd. (“JMC”)
∘ AutoAlliance (Thailand) Co., Ltd. (“AAT”)
v3.26.1
REVENUE (Tables)
 3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue

First Quarter 2025
Company excluding Ford CreditFord CreditConsolidated
Vehicles, parts, and accessories$35,867 $— $35,867 
Used vehicles685 — 685 
Services and other revenue (a)803 18 821 
Revenues from sales and services
37,355 18 37,373 
Leasing income67 1,131 1,198 
Financing income— 2,046 2,046 
Insurance income— 42 42 
Total revenues$37,422 $3,237 $40,659 
First Quarter 2026
Company excluding
Ford Credit		Ford CreditConsolidated
Vehicles, parts, and accessories$37,644 $— $37,644 
Used vehicles1,147 — 1,147 
Services and other revenue (a)953 23 976 
Revenues from sales and services
39,744 23 39,767 
Leasing income75 1,346 1,421 
Financing income— 2,023 2,023 
Insurance income— 42 42 
Total revenues$39,819 $3,434 $43,253 
__________
(a)Includes extended service contract revenue.
v3.26.1
OTHER INCOME/(LOSS) (Tables)
 3 Months Ended
Mar. 31, 2026
Other Income and Expenses [Abstract]  
Schedule of Other Income (loss)
The amounts included in Other income/(loss), net for the periods ended March 31 were as follows (in millions):
First Quarter
 20252026
Net periodic pension and OPEB income/(cost), excluding service cost (Note 11)
$11 $238 
Investment-related interest income351 316 
Interest income/(expense) on income taxes
(17)(4)
Realized and unrealized gains/(losses) on cash equivalents, marketable securities, and other investments32 6 
Gains/(Losses) on changes in investments in affiliates7 (3)
Royalty income107 111 
Other5 109 
Total$496 $773 
v3.26.1
CAPITAL STOCK AND EARNINGS/(LOSS) PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings/(Loss) Per Share Attributable
Basic and diluted earnings/(loss) per share were calculated using the following (in millions):
First Quarter
 20252026
Net income/(loss) attributable to Ford Motor Company$471 $2,548 
Basic and Diluted Shares   
Basic shares (average shares outstanding)3,968 3,991 
Net dilutive options, unvested restricted stock units, and unvested restricted stock shares43 80 
Diluted shares4,011 4,071 
v3.26.1
CASH, CASH EQUIVALENTS, AND MARKETABLE SECURITIES (Tables)
 3 Months Ended
Mar. 31, 2026
Cash and Cash Equivalents [Abstract]  
Schedule of Fair Values of Cash, Cash Equivalents, and Marketable Securities
The fair values of cash, cash equivalents, and marketable securities were as follows (in millions):
December 31, 2025
 Fair Value LevelCompany excluding Ford CreditFord CreditConsolidated
Cash and cash equivalents  
U.S. government1$1,649 $70 $1,719 
U.S. government agencies2610 400 1,010 
Non-U.S. government and agencies21,300 1,082 2,382 
Corporate debt21,404 780 2,184 
Total marketable securities classified as cash equivalents
4,963 2,332 7,295 
Cash, time deposits, and money market funds9,123 6,938 16,061 
Total cash and cash equivalents$14,086 $9,270 $23,356 
Marketable securities
U.S. government1$3,817 $224 $4,041 
U.S. government agencies21,319 — 1,319 
Non-U.S. government and agencies22,043 91 2,134 
Corporate debt26,755 269 7,024 
Other marketable securities2413 200 613 
Total marketable securities$14,347 $784 $15,131 
Restricted cash$251 $107 $358 
Cash, cash equivalents, and restricted cash - held for sale$36 $— $36 
March 31, 2026
Fair Value LevelCompany excluding Ford CreditFord CreditConsolidated
Cash and cash equivalents  
U.S. government1$— $97 $97 
U.S. government agencies21,185 — 1,185 
Non-U.S. government and agencies2— 487 487 
Corporate debt2201 545 746 
Total marketable securities classified as cash equivalents
1,386 1,129 2,515 
Cash, time deposits, and money market funds8,339 6,795 15,134 
Total cash and cash equivalents$9,725 $7,924 $17,649 
Marketable securities
U.S. government1$2,803 $229 $3,032 
U.S. government agencies21,042 — 1,042 
Non-U.S. government and agencies22,004 95 2,099 
Corporate debt25,802 266 6,068 
Other marketable securities2403 195 598 
Total marketable securities$12,054 $785 $12,839 
Restricted cash$241 $113 $354 
Cash, cash equivalents, and restricted cash - held for sale$— $— $— 
Schedule of Debt Securities, Available-For-Sale
The cash equivalents and marketable securities accounted for as available-for-sale (“AFS”) securities were as follows (in millions):
December 31, 2025
Fair Value of Securities with
Contractual Maturities
 Amortized CostGross Unrealized GainsGross Unrealized LossesFair ValueWithin 1 YearAfter 1 Year through
5 Years		After 5 Years
Company excluding Ford Credit  
U.S. government$3,724 $25 $(2)$3,747 $356 $3,391 $— 
U.S. government agencies1,358 6 (8)1,356 460 892 4 
Non-U.S. government and agencies1,958 12 (8)1,962 553 1,400 9 
Corporate debt8,065 65 (1)8,129 2,925 5,200 4 
Other marketable securities385 3 — 388 2 357 29 
Total$15,490 $111 $(19)$15,582 $4,296 $11,240 $46 
 
March 31, 2026
Fair Value of Securities with
Contractual Maturities
Amortized CostGross Unrealized GainsGross Unrealized LossesFair ValueWithin 1 YearAfter 1 Year through
5 Years		After 5 Years
Company excluding Ford Credit
U.S. government$2,725 $6 $(7)$2,724 $414 $2,310 $— 
U.S. government agencies1,052 2 (9)1,045 467 578 — 
Non-U.S. government and agencies1,964 5 (9)1,960 685 1,275 — 
Corporate debt5,962 30 (15)5,977 1,517 4,385 75 
Other marketable securities364 1 — 365 40 319 6 
Total
$12,067 $44 $(40)$12,071 $3,123 $8,867 $81 

Sales proceeds and gross realized gains/losses from the sale of AFS securities for the periods ended March 31 were as follows (in millions):
First Quarter
20252026
Company excluding Ford Credit
Sales proceeds$2,449 $2,608 
Gross realized gains5 10 
Gross realized losses3 1 
Schedule of Cash, Cash Equivalents, and Restricted Cash
Cash, cash equivalents, and restricted cash, as reported on our consolidated statements of cash flows, were as follows (in millions):
December 31,
2025		March 31,
2026
Cash and cash equivalents$23,356 $17,649 
Restricted cash (a)358 354 
Cash, cash equivalents, and restricted cash - held for sale36 — 
Total cash, cash equivalents, and restricted cash$23,750 $18,003 
__________
(a)Included in Other assets in the non-current assets section of our consolidated balance sheets.
v3.26.1
FORD CREDIT FINANCE RECEIVABLES AND ALLOWANCE FOR CREDIT LOSSES (Tables)
 3 Months Ended
Mar. 31, 2026
Receivables [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
Ford Credit finance receivables, net were as follows (in millions):
 December 31,
2025		March 31,
2026
Consumer  
Retail installment contracts, gross$80,467 $78,821 
Finance leases, gross9,274 9,102 
Retail financing, gross89,741 87,923 
Unearned interest supplements(4,486)(4,266)
Consumer finance receivables85,255 83,657 
Non-Consumer 
Dealer financing26,235 23,787 
Non-Consumer finance receivables26,235 23,787 
Total recorded investment$111,490 $107,444 
Recorded investment in finance receivables$111,490 $107,444 
Allowance for credit losses(911)(937)
Total finance receivables, net$110,579 $106,507 
Current portion$49,130 $46,185 
Non-current portion61,449 60,322 
Total finance receivables, net$110,579 $106,507 
Net finance receivables subject to fair value (a)$101,822 $97,936 
Fair value (b)102,499 98,349 
__________
(a)Net finance receivables subject to fair value exclude finance leases.
(b)The fair value of finance receivables is categorized within Level 3 of the fair value hierarchy.
Schedule of Credit Quality
The credit quality analysis of consumer receivables at December 31, 2025 and gross charge-offs during the year ended December 31, 2025 were as follows (in millions):
Amortized Cost Basis by Origination Year
Prior to 202120212022202320242025TotalPercent
Consumer
31 - 60 days past due$61 $65 $139 $228 $275 $166 $934 1.1%
Greater than 60 days past due21 24 51 75 89 60 320 0.4 
Total past due82 89 190 303 364 226 1,254 1.5 
Current1,139 2,206 6,290 15,071 26,716 32,579 84,001 98.5 
Total$1,221 $2,295 $6,480 $15,374 $27,080 $32,805 $85,255 100.0%
Gross charge-offs$54 $54 $124 $187 $205 $42 $666 

The credit quality analysis of consumer receivables at March 31, 2026 and gross charge-offs during the period ended March 31, 2026 were as follows (in millions):
Amortized Cost Basis by Origination Year
Prior to 202220222023202420252026TotalPercent
Consumer
31 - 60 days past due$96 $118 $199 $259 $199 $13 $884 1.1%
Greater than 60 days past due30 39 59 76 58 — 262 0.3 
Total past due126 157 258 335 257 13 1,146 1.4 
Current2,452 5,160 12,909 24,259 30,618 7,113 82,511 98.6 
Total$2,578 $5,317 $13,167 $24,594 $30,875 $7,126 $83,657 100.0%
Gross charge-offs$21 $27 $48 $65 $36 $— $197 
Schedule of Credit Quality Analysis
The credit quality analysis of dealer financing receivables at December 31, 2025 and gross charge-offs during the year ended December 31, 2025 were as follows (in millions):
Amortized Cost Basis by Origination YearWholesale Loans
Dealer Loans
Prior to 202120212022202320242025TotalTotalPercent
Group I$269 $68 $31 $149 $78 $268 $863 $20,608 $21,471 81.8%
Group II25 8 4 33 46 44 160 3,979 4,139 15.8 
Group III1 — — 2 1 11 15 584 599 2.3 
Group IV— — — — — 2 2 24 26 0.1 
Total (a)$295 $76 $35 $184 $125 $325 $1,040 $25,195 $26,235 100.0%
Gross charge-offs$— $— $— $1 $— $— $1 $10 $11 
__________
(a)Total past due dealer financing receivables at December 31, 2025 were $8 million.

The credit quality analysis of dealer financing receivables at March 31, 2026 and gross charge-offs during the period ended March 31, 2026 were as follows (in millions):
Amortized Cost Basis by Origination YearWholesale Loans
Dealer Loans
Prior to 202220222023202420252026TotalTotalPercent
Group I$289 $30 $145 $83 $173 $128 $848 $18,443 $19,291 81.1%
Group II34 3 34 47 24 34 176 3,673 3,849 16.2 
Group III1 — 1 2 1 7 12 621 633 2.6 
Group IV— — — — 1 — 1 13 14 0.1 
Total (a)$324 $33 $180 $132 $199 $169 $1,037 $22,750 $23,787 100.0%
Gross charge-offs$— $— $— $— $— $— $— $5 $5 
__________
(a)Total past due dealer financing receivables at March 31, 2026 were $5 million.
Schedule of Allowance for Credit Losses
An analysis of the allowance for credit losses related to finance receivables for the periods ended March 31 was as follows (in millions):
First Quarter 2025
 ConsumerNon-ConsumerTotal
Allowance for credit losses
Beginning balance$860 $4 $864 
Charge-offs(166)(1)(167)
Recoveries40 — 40 
Provision for credit losses135 5 140 
Other (a)3 1 4 
Ending balance$872 $9 $881 

First Quarter 2026
 ConsumerNon-ConsumerTotal
Allowance for credit losses
Beginning balance$902 $9 $911 
Charge-offs(197)(5)(202)
Recoveries46 1 47 
Provision for credit losses169 3 172 
Other (a)9 — 9 
Ending balance$929 $8 $937 
__________
(a)    Includes gains/(losses) on unguaranteed residuals on retail balloon and finance lease receivables as well as amounts related to foreign currency translation adjustments.
v3.26.1
INVENTORIES (Tables)
 3 Months Ended
Mar. 31, 2026
Inventory Disclosure [Abstract]  
Schedule of Inventories
Inventories were as follows (in millions):
 December 31,
2025		March 31,
2026
Raw materials, work-in-process, and supplies$6,020 $6,403 
Finished products9,265 10,134 
Total inventories$15,285 $16,537 
v3.26.1
OTHER LIABILITIES AND DEFERRED REVENUE (Tables)
 3 Months Ended
Mar. 31, 2026
Other Liabilities [Abstract]  
Schedule of Other Liabilities and Deferred Revenue
Other liabilities and deferred revenue were as follows (in millions):
 December 31,
2025		March 31,
2026
Current
Dealer and dealers’ customer allowances and claims$15,293 $14,466 
Deferred revenue4,489 4,434 
Employee benefit plans3,507 2,224 
Accrued interest1,453 1,403 
Operating lease liabilities567 567 
OPEB (a)331 330 
Pension (a)228 227 
Other (b)5,911 6,198 
Total current other liabilities and deferred revenue$31,779 $29,849 
Non-current 
Dealer and dealers’ customer allowances and claims$12,136 $12,246 
Deferred revenue5,360 5,363 
OPEB (a)4,031 3,951 
Pension (a)3,701 3,548 
Operating lease liabilities1,835 1,818 
Employee benefit plans792 817 
Other (b)3,047 2,418 
Total non-current other liabilities and deferred revenue$30,902 $30,161 
__________
(a)Balances at March 31, 2026 reflect pension and OPEB liabilities at December 31, 2025, updated for: service and interest cost; expected return on assets; curtailments, settlements, and associated interim remeasurement (where applicable); separation expense; actual benefit payments; and cash contributions. For plans without interim remeasurement, the discount rate and rate of expected return assumptions are unchanged from year-end 2025. Included in Other assets are pension assets of $3.7 billion and $4.1 billion at December 31, 2025 and March 31, 2026, respectively.
(b)Includes current derivative liabilities of $0.5 billion at both December 31, 2025 and March 31, 2026. Includes non-current derivative liabilities of $0.5 billion and $0.4 billion at December 31, 2025 and March 31, 2026, respectively. (See Note 13.)
v3.26.1
RETIREMENT BENEFITS (Tables)
 3 Months Ended
Mar. 31, 2026
Retirement Benefits [Abstract]  
Schedule of Defined Benefit Plans - Expense
The pre-tax net periodic benefit cost/(income) for our defined benefit pension and OPEB plans for the periods ended March 31 were as follows (in millions):
First Quarter
20252026
 Pension BenefitsOPEBPension BenefitsOPEB
 U.S. PlansNon-U.S. PlansWorldwide U.S. PlansNon-U.S. PlansWorldwide
Service cost$52 $48 $5 $53 $44 $5 
Interest cost393 224 55 353 248 50 
Expected return on assets(456)(278)— (449)(295)— 
Amortization of prior service costs/(credits)
22 6 2 22 6 2 
Net remeasurement (gain)/loss— (10)— — (243)— 
Separation costs/other7 24 — — 53 — 
Settlements and curtailments
— — — — 15 — 
Net periodic benefit cost/(income)
$18 $14 $62 $(21)$(172)$57 
v3.26.1
DEBT (Tables)
 3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
The carrying value of Company debt excluding Ford Credit and Ford Credit debt was as follows (in millions):
December 31,
2025		March 31,
2026
Company excluding Ford Credit  
Debt payable within one year
Short-term$1,355 $1,385 
Long-term debt payable within one year 
Public unsecured debt securities1,672 1,672 
Convertible notes (a)2,300 — 
Other debt (including finance leases) (b)226 212 
Unamortized (discount)/premium and issuance costs(3)(1)
Total debt payable within one year5,550 3,268 
Long-term debt payable after one year 
Public unsecured debt securities13,087 13,087 
U.K. Export Finance Program2,355 2,317 
Other debt (including finance leases) (b)1,210 1,196 
Unamortized (discount)/premium and issuance costs(283)(273)
Total long-term debt payable after one year16,369 16,327 
Total Company excluding Ford Credit$21,919 $19,595 
Fair value of Company debt excluding Ford Credit (c)$21,640 $18,736 
Ford Credit 
Debt payable within one year
Short-term$18,350 $16,077 
Long-term payable within one year 
Unsecured debt13,625 12,345 
Asset-backed debt19,831 19,137 
Unamortized (discount)/premium and issuance costs(18)(17)
Fair value adjustments (d)(36)(19)
Total debt payable within one year51,752 47,523 
Long-term debt payable after one year
Unsecured debt52,357 55,384 
Asset-backed debt37,741 35,283 
Unamortized (discount)/premium and issuance costs(229)(238)
Fair value adjustments (d)(204)(421)
Total long-term debt payable after one year89,665 90,008 
Total Ford Credit$141,417 $137,531 
Fair value of Ford Credit debt (c)$144,213 $139,329 
__________
(a)On March 16, 2026, we settled the principal amount of our $2.3 billion 0.00% Convertible Senior Notes in cash and issued 6.6 million shares of Ford Common Stock held as treasury stock to settle the conversion premium, which were subsequently repurchased as part of our anti-dilutive share repurchase program.
(b)At December 31, 2025 and March 31, 2026, long-term finance leases payable within one year were $136 million and $129 million, respectively, and long-term finance leases payable after one year were $754 million and $752 million, respectively.
(c)At December 31, 2025 and March 31, 2026, the fair value of debt includes $1.4 billion and $1.4 billion of Company excluding Ford Credit short-term debt, respectively, and $16.4 billion and $15.2 billion of Ford Credit short-term debt, respectively, carried at cost, which approximates fair value. All other debt is categorized within Level 2 of the fair value hierarchy.
(d)These adjustments are related to hedging activity and include discontinued hedging relationship adjustments of $(319) million and $(251) million at December 31, 2025 and March 31, 2026, respectively. The carrying value of hedged debt was $41.7 billion and $44.7 billion at December 31, 2025 and March 31, 2026, respectively.
v3.26.1
DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
 3 Months Ended
Mar. 31, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Income Effect of Derivative Financial Instruments
The gains/(losses), by hedge designation, reported in income for the periods ended March 31 were as follows (in millions):
 First Quarter
Cash flow hedges
20252026
Reclassified from AOCI to Cost of sales
Foreign currency exchange contracts (a)
$74 $(12)
Commodity contracts (b)
11 28 
Fair value hedges
Interest rate contracts
Net interest settlements and accruals on hedging instruments
(48)(7)
Fair value changes on hedging instruments329 (178)
Fair value changes on hedged debt(324)170 
Cross-currency interest rate swap contracts
Net interest settlements and accruals on hedging instruments
(25)(12)
Fair value changes on hedging instruments146 (203)
Fair value changes on hedged debt(136)204 
Derivatives not designated as hedging instruments
Foreign currency exchange contracts (c)60 (34)
Cross-currency interest rate swap contracts
102 (90)
Interest rate contracts(45)91 
Commodity contracts11 41 
Total$155 $(2)
__________
(a)For the first quarter of 2025 and 2026, a $78 million loss and a $136 million gain, respectively, were reported in Other comprehensive income/(loss), net of tax.
(b)For the first quarter of 2025 and 2026, a $4 million loss and a $78 million gain, respectively, were reported in Other comprehensive income/(loss), net of tax.
(c)For the first quarter of 2025 and 2026, a $70 million gain and a $63 million loss, respectively, were reported in Cost of sales, and a $10 million loss and a $29 million gain, respectively, were reported in Other income/(loss), net.
Schedule of Balance Sheet Effect of Derivative Instruments
The fair value of our derivative instruments and the associated notional amounts were as follows (in millions):
December 31, 2025March 31, 2026
NotionalFair Value of
Assets		Fair Value of
Liabilities		NotionalFair Value of
Assets		Fair Value of
Liabilities
Cash flow hedges   
Foreign currency exchange contracts
$17,750 $98 $114 $16,384 $174 $64 
Commodity contracts940 122 — 995 167 7 
Fair value hedges
Interest rate contracts18,582 374 220 21,437 225 244 
Cross-currency interest rate swap contracts
4,158 383 5 5,050 247 69 
Derivatives not designated as hedging instruments
Foreign currency exchange contracts24,934 150 180 24,848 130 256 
Cross-currency interest rate swap contracts
7,121 379 28 5,912 238 33 
Interest rate contracts87,293 364 619 88,018 439 470 
Commodity contracts803 56 1 909 91 4 
Total derivative financial instruments, gross (a) (b)
$161,581 $1,926 $1,167 $163,553 $1,711 $1,147 
Current portion
$634 $643 $682 $748 
Non-current portion
1,292 524 1,029 399 
Total derivative financial instruments, gross
$1,926 $1,167 $1,711 $1,147 
__________
(a)At December 31, 2025 and March 31, 2026, we held collateral of $5 million and $4 million, respectively, and we posted collateral of $102 million and $111 million, respectively.
(b)At December 31, 2025 and March 31, 2026, the fair value of assets and liabilities available for counterparty netting was $814 million and $843 million, respectively. All derivatives are categorized within Level 2 of the fair value hierarchy.
v3.26.1
EMPLOYEE SEPARATION ACTIONS AND EXIT AND DISPOSAL ACTIVITIES (Tables)
 3 Months Ended
Mar. 31, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Reserve by Type of Cost
The following table summarizes the activities (primarily hourly and salaried worker separation programs in Europe, which are expected to be substantially complete by the end of 2027) for the periods ended March 31, which are recorded in Other liabilities and deferred revenue (in millions):
First Quarter
20252026
Beginning balance$1,098 $1,457 
Changes in accruals (a)47 368 
Payments(178)(770)
Foreign currency translation and other32 (26)
Ending balance$999 $1,029 
__________
(a)Excludes pension costs of $24 million and $68 million in the first quarter of 2025 and 2026, respectively.
v3.26.1
ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Tables)
 3 Months Ended
Mar. 31, 2026
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The changes in the balances for each component of accumulated other comprehensive income/(loss) attributable to Ford Motor Company for the periods ended March 31 were as follows (in millions):
First Quarter
20252026
Foreign currency translation
Beginning balance$(6,899)$(4,878)
Gains/(Losses) on foreign currency translation497 (293)
Less: Tax/(Tax benefit) (a)(28)(31)
Net gains/(losses) on foreign currency translation 525 (262)
(Gains)/Losses reclassified from AOCI to net income (b)(4)5 
Other comprehensive income/(loss), net of tax521 (257)
Ending balance$(6,378)$(5,135)
Marketable securities
Beginning balance$(50)$81 
Gains/(Losses) on available for sale securities88 (82)
Less: Tax/(Tax benefit)19 (19)
Net gains/(losses) on available for sale securities69 (63)
(Gains)/Losses reclassified from AOCI to net income(2)(9)
Less: Tax/(Tax benefit)— (3)
Net (gains)/losses reclassified from AOCI to net income (b)(2)(6)
Other comprehensive income/(loss), net of tax67 (69)
Ending balance$17 $12 
Derivative instruments
Beginning balance$277 $(38)
Gains/(Losses) on derivative instruments(82)193 
Less: Tax/(Tax benefit)(19)50 
Net gains/(losses) on derivative instruments(63)143 
(Gains)/Losses reclassified from AOCI to net income(85)(16)
Less: Tax/(Tax benefit)(19)(4)
Net (gains)/losses reclassified from AOCI to net income (c)(66)(12)
Other comprehensive income/(loss), net of tax(129)131 
Ending balance$148 $93 
Pension and other postretirement benefits
Beginning balance$(2,967)$(2,875)
Amortization and recognition of prior service costs/(credits)
30 30 
Less: Tax/(Tax benefit)7 7 
Net prior service costs/(credits) reclassified from AOCI to net income
23 23 
Translation impact on non-U.S. plans
(1)2 
Other comprehensive income/(loss), net of tax22 25 
Ending balance$(2,945)$(2,850)
Total AOCI ending balance at March 31$(9,158)$(7,880)
__________
(a)We do not recognize deferred taxes for a majority of the foreign currency translation gains and losses because we do not anticipate reversal in the foreseeable future. However, we have made elections to tax certain non-U.S. operations simultaneously in U.S. tax returns, and have recorded deferred taxes for temporary differences that will reverse, independent of repatriation plans, in U.S. tax returns. Taxes or tax benefits resulting from foreign currency translation of the temporary differences are recorded in Other comprehensive income/(loss), net of tax.
(b)Reclassified to Other Income/(Loss), net.
(c)Reclassified to Cost of sales. During the next twelve months, we expect to reclassify existing net gains on cash flow hedges of $202 million (see Note 13).
v3.26.1
COMMITMENTS AND CONTINGENCIES (Tables)
 3 Months Ended
Mar. 31, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Warranty
The estimate of our future warranty and field service action costs, net of estimated supplier recoveries, for the periods ended March 31 was as follows (in millions):
First Quarter
 20252026
Beginning balance$14,032 $17,190 
Payments made during the period(1,457)(1,487)
Changes in accrual related to warranties issued during the period1,689 1,374 
Changes in accrual related to pre-existing warranties356 (189)
Foreign currency translation and other29 140 
Ending balance$14,649 $17,028 
v3.26.1
SEGMENT INFORMATION (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Segment Information Costs are reflected in the associated segment externally reporting the vehicle sale, as detailed in the table below:
Income Statement ElementsExamplesSegment Reporting
Costs specific to a particular vehicleBill of material cost and initial warranty accrualReported in the segment externally selling the vehicle
Costs identifiable by product lineManufacturing and logistics costs, depreciation & amortization expense, direct research & development costsTypically identifiable to the product line or production location. Reported in the segment externally selling the vehicle, based on relative volume
Shared costsSelling, general & administrative expense, and indirect/cross product line research & development costsTypically shared across all segments, generally based on relative volume. Certain costs clearly linked to a segment are reported in the specific segment
Intersegment markup costs for intersegment vehicle transactionsContract manufacturing and distribution feesReported in the segment externally selling the vehicle, for each applicable vehicle transaction
The table below shows the segment reporting for our most significant unconsolidated entities:
Ford BlueFord Model eFord Pro
∘ Changan Ford Automobile Corporation, Ltd. (“CAF”)
∘ BlueOval SK, LLC (“BOSK”)
∘ Ford Otomotiv Sanayi Anonim Sirketi (“Ford Otosan”)
∘ Jiangling Motors Corporation, Ltd. (“JMC”)
∘ AutoAlliance (Thailand) Co., Ltd. (“AAT”)
Key financial information for the periods ended or at March 31 was as follows (in millions):
 Ford BlueFord
Model e		Ford ProFord CreditUnallocated Amounts and Eliminations (a)Total
First Quarter 2025    
External revenues$20,997 $1,242 $15,181 $3,237 $2 $40,659 
Intersegment revenues (b)10,605 116 — — (10,721)— 
Total revenues$31,602 $1,358 $15,181 $3,237 $(10,719)$40,659 
Other segment items (c)31,506 2,207 13,872 2,657 
Segment EBIT/EBT$96 $(849)$1,309 $580 $1,136 
Reconciliation of Segment EBIT/EBT
Unallocated amounts:
Corporate Other(117)
Interest on debt (excludes $1,790 of Ford Credit interest on debt)
(288)
Special items (d)(110)
Income/(Loss) before income taxes$621 
Other Segment Disclosures
Depreciation and tooling amortization$729 $138 $348 $618 $15 $1,848 
Investment-related interest income48 1 15 91 196 351 
Equity in net income/(loss) of affiliated companies62 (20)40 10 2 94 
Cash outflow for capital spending987 761 7 28 35 1,818 
Total assets62,772 16,181 3,664 154,183 47,739 284,539 
First Quarter 2026
External revenues$23,858 $1,232 $14,723 $3,434 $6 $43,253 
Intersegment revenues (b)9,524 76 — — (9,600)— 
Total revenues$33,382 $1,308 $14,723 $3,434 $(9,594)$43,253 
Other segment items (c)31,440 2,085 13,038 2,651 
Segment EBIT/EBT$1,942 $(777)$1,685 $783 $3,633 
Reconciliation of Segment EBIT/EBT
Unallocated amounts:
Corporate Other(145)
Interest on debt (excludes $1,719 of Ford Credit interest on debt)
(350)
Special items (e)(226)
Income/(Loss) before income taxes$2,912 
Other Segment Disclosures
Depreciation and tooling amortization$738 $45 $348 $715 $37 $1,883 
Investment-related interest income52 1 16 77 170 316 
Equity in net income/(loss) of affiliated companies54 (4)100 13 (3)160 
Cash outflow for capital spending1,335 990 8 19 24 2,376 
Total assets66,111 6,976 3,924 157,627 47,796 282,434 
__________
(a)Unallocated amounts include Corporate Other (see above description of corporate expenses and corporate assets) and Special Items. Eliminations include intersegment transactions occurring in the ordinary course of business.
(b)Intersegment revenues only reflect finished vehicle transactions between Ford Blue, Ford Model e, and Ford Pro where there is an intersegment markup and are recognized at the time of the intersegment transaction.
(c)Other segment items for the Ford Blue, Ford Model e, and Ford Pro segments primarily includes material costs, manufacturing costs, warranty coverages and field service action costs, freight and distribution costs, vehicle and software engineering costs, spending-related costs, advertising and sales promotions costs, and administrative, information technology, and selling costs. Other segment items for the Ford Credit segment primarily includes interest expense and depreciation.
(d)Primarily reflects the cancellation of a previously planned all-electric three-row SUV program and continued ongoing restructuring actions in Europe.
(e)Primarily reflects ongoing restructuring actions in Europe and continued charges related to the EV program cancellations previously announced in December 2025, offset partially by pension and OPEB remeasurements.
v3.26.1
REVENUE - Schedule of Disaggregation of Revenue (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Disaggregation of Revenue [Line Items]    
Total revenues $ 43,253 $ 40,659
Company excluding Ford Credit    
Disaggregation of Revenue [Line Items]    
Total revenues 39,819 37,422
Ford Credit    
Disaggregation of Revenue [Line Items]    
Total revenues 3,434 3,237
Revenues from sales and services    
Disaggregation of Revenue [Line Items]    
Total revenues 39,767 37,373
Revenues from sales and services | Company excluding Ford Credit    
Disaggregation of Revenue [Line Items]    
Total revenues 39,744 37,355
Revenues from sales and services | Ford Credit    
Disaggregation of Revenue [Line Items]    
Total revenues 23 18
Vehicles, parts, and accessories    
Disaggregation of Revenue [Line Items]    
Total revenues 37,644 35,867
Vehicles, parts, and accessories | Company excluding Ford Credit    
Disaggregation of Revenue [Line Items]    
Total revenues 37,644 35,867
Vehicles, parts, and accessories | Ford Credit    
Disaggregation of Revenue [Line Items]    
Total revenues 0 0
Used vehicles    
Disaggregation of Revenue [Line Items]    
Total revenues 1,147 685
Used vehicles | Company excluding Ford Credit    
Disaggregation of Revenue [Line Items]    
Total revenues 1,147 685
Used vehicles | Ford Credit    
Disaggregation of Revenue [Line Items]    
Total revenues 0 0
Services and other revenue    
Disaggregation of Revenue [Line Items]    
Total revenues 976 821
Services and other revenue | Company excluding Ford Credit    
Disaggregation of Revenue [Line Items]    
Total revenues 953 803
Services and other revenue | Ford Credit    
Disaggregation of Revenue [Line Items]    
Total revenues 23 18
Leasing income    
Disaggregation of Revenue [Line Items]    
Total revenues 1,421 1,198
Leasing income | Company excluding Ford Credit    
Disaggregation of Revenue [Line Items]    
Total revenues 75 67
Leasing income | Ford Credit    
Disaggregation of Revenue [Line Items]    
Total revenues 1,346 1,131
Financing income    
Disaggregation of Revenue [Line Items]    
Total revenues 2,023 2,046
Financing income | Company excluding Ford Credit    
Disaggregation of Revenue [Line Items]    
Total revenues 0 0
Financing income | Ford Credit    
Disaggregation of Revenue [Line Items]    
Total revenues 2,023 2,046
Insurance income    
Disaggregation of Revenue [Line Items]    
Total revenues 42 42
Insurance income | Company excluding Ford Credit    
Disaggregation of Revenue [Line Items]    
Total revenues 0 0
Insurance income | Ford Credit    
Disaggregation of Revenue [Line Items]    
Total revenues $ 42 $ 42
v3.26.1
REVENUE - Narrative (Details) - Company excluding Ford Credit - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Vehicles, parts, and accessories      
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]      
(Decrease) increase in revenue $ 259 $ 96  
Services and other revenue      
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]      
Unearned revenue 6,300   $ 6,200
Contract with customer, liability, revenue recognized 585 504  
Deferred cost balances 306   $ 307
Capitalized contract cost, amortization 27 $ 30  
Services and other revenue | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-04-01      
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]      
Revenue, remaining performance obligation, amount $ 1,500    
Revenue, remaining performance obligation, expected timing of satisfaction, period 9 months    
Services and other revenue | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01      
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]      
Revenue, remaining performance obligation, amount $ 1,500    
Revenue, remaining performance obligation, expected timing of satisfaction, period 1 year    
Services and other revenue | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-01-01      
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]      
Revenue, remaining performance obligation, amount $ 3,300    
Revenue, remaining performance obligation, expected timing of satisfaction, period    
v3.26.1
OTHER INCOME/(LOSS) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Other Income and Expenses [Abstract]    
Net periodic pension and OPEB income/(cost), excluding service cost (Note 11) $ 238 $ 11
Investment-related interest income 316 351
Interest income/(expense) on income taxes (4) (17)
Realized and unrealized gains/(losses) on cash equivalents, marketable securities, and other investments 6 32
Gains/(Losses) on changes in investments in affiliates (3) 7
Royalty income 111 107
Other 109 5
Total $ 773 $ 496
v3.26.1
INCOME TAXES (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Tax Disclosure [Abstract]    
Income tax provision $ 361 $ 148
Effective tax rate 12.40%  
v3.26.1
CAPITAL STOCK AND EARNINGS/(LOSS) PER SHARE - Schedule of Earnings/(Loss) Per Share Attributable (Details) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Earnings Per Share [Abstract]    
Net income/(loss) attributable to Ford Motor Company $ 2,548 $ 471
Basic and Diluted Shares    
Basic shares (average shares outstanding) (in shares) 3,991 3,968
Net dilutive options, unvested restricted stock units, unvested restricted stock shares, and convertible debt (in shares) 80 43
Diluted shares (in shares) 4,071 4,011
v3.26.1
CASH, CASH EQUIVALENTS, AND MARKETABLE SECURITIES - Schedule of Fair Values of Cash, Cash Equivalents, and Marketable Securities (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents $ 17,649 $ 23,356
Marketable securities 12,839 15,131
Restricted cash 354 358
Cash, cash equivalents, and restricted cash - held for sale 0 36
Cash Equivalents    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents 2,515 7,295
Cash    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents 15,134 16,061
Company excluding Ford Credit    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents 9,725 14,086
Marketable securities 12,054 14,347
Restricted cash 241 251
Cash, cash equivalents, and restricted cash - held for sale 0 36
Company excluding Ford Credit | Cash Equivalents    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents 1,386 4,963
Company excluding Ford Credit | Cash    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents 8,339 9,123
Ford Credit    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents 7,924 9,270
Marketable securities 785 784
Restricted cash 113 107
Cash, cash equivalents, and restricted cash - held for sale 0 0
Ford Credit | Cash Equivalents    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents 1,129 2,332
Ford Credit | Cash    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents 6,795 6,938
Level 1 | U.S. government    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents 97 1,719
Level 1 | Company excluding Ford Credit | U.S. government    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents 0 1,649
Level 1 | Ford Credit | U.S. government    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents 97 70
Level 1 | U.S. government    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Marketable securities 3,032 4,041
Level 1 | U.S. government | Company excluding Ford Credit    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Marketable securities 2,803 3,817
Level 1 | U.S. government | Ford Credit    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Marketable securities 229 224
Level 2 | U.S. government agencies    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents 1,185 1,010
Level 2 | Non-U.S. government and agencies    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents 487 2,382
Level 2 | Corporate debt    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents 746 2,184
Level 2 | Company excluding Ford Credit | U.S. government agencies    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents 1,185 610
Level 2 | Company excluding Ford Credit | Non-U.S. government and agencies    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents 0 1,300
Level 2 | Company excluding Ford Credit | Corporate debt    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents 201 1,404
Level 2 | Ford Credit | U.S. government agencies    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents 0 400
Level 2 | Ford Credit | Non-U.S. government and agencies    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents 487 1,082
Level 2 | Ford Credit | Corporate debt    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total cash and cash equivalents 545 780
Level 2 | U.S. government agencies    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Marketable securities 1,042 1,319
Level 2 | U.S. government agencies | Company excluding Ford Credit    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Marketable securities 1,042 1,319
Level 2 | U.S. government agencies | Ford Credit    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Marketable securities 0 0
Level 2 | Non-U.S. government and agencies    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Marketable securities 2,099 2,134
Level 2 | Non-U.S. government and agencies | Company excluding Ford Credit    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Marketable securities 2,004 2,043
Level 2 | Non-U.S. government and agencies | Ford Credit    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Marketable securities 95 91
Level 2 | Corporate debt    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Marketable securities 6,068 7,024
Level 2 | Corporate debt | Company excluding Ford Credit    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Marketable securities 5,802 6,755
Level 2 | Corporate debt | Ford Credit    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Marketable securities 266 269
Level 2 | Other marketable securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Marketable securities 598 613
Level 2 | Other marketable securities | Company excluding Ford Credit    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Marketable securities 403 413
Level 2 | Other marketable securities | Ford Credit    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Marketable securities $ 195 $ 200
v3.26.1
CASH, CASH EQUIVALENTS, AND MARKETABLE SECURITIES - Schedule of Debt Securities, Available-For-Sale (Details) - Company excluding Ford Credit - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Debt Securities, Available-for-sale [Abstract]    
Amortized Cost $ 12,067 $ 15,490
Gross Unrealized Gains 44 111
Gross Unrealized Losses (40) (19)
Fair Value 12,071 15,582
Fair Value of Securities with Contractual Maturities, Within 1 Year 3,123 4,296
Fair Value of Securities with Contractual Maturities, After 1 Year through 5 Years 8,867 11,240
Fair Value of Securities with Contractual Maturities, After 5 Years 81 46
U.S. government    
Debt Securities, Available-for-sale [Abstract]    
Amortized Cost 2,725 3,724
Gross Unrealized Gains 6 25
Gross Unrealized Losses (7) (2)
Fair Value 2,724 3,747
Fair Value of Securities with Contractual Maturities, Within 1 Year 414 356
Fair Value of Securities with Contractual Maturities, After 1 Year through 5 Years 2,310 3,391
Fair Value of Securities with Contractual Maturities, After 5 Years 0 0
U.S. government agencies    
Debt Securities, Available-for-sale [Abstract]    
Amortized Cost 1,052 1,358
Gross Unrealized Gains 2 6
Gross Unrealized Losses (9) (8)
Fair Value 1,045 1,356
Fair Value of Securities with Contractual Maturities, Within 1 Year 467 460
Fair Value of Securities with Contractual Maturities, After 1 Year through 5 Years 578 892
Fair Value of Securities with Contractual Maturities, After 5 Years 0 4
Non-U.S. government and agencies    
Debt Securities, Available-for-sale [Abstract]    
Amortized Cost 1,964 1,958
Gross Unrealized Gains 5 12
Gross Unrealized Losses (9) (8)
Fair Value 1,960 1,962
Fair Value of Securities with Contractual Maturities, Within 1 Year 685 553
Fair Value of Securities with Contractual Maturities, After 1 Year through 5 Years 1,275 1,400
Fair Value of Securities with Contractual Maturities, After 5 Years 0 9
Corporate debt    
Debt Securities, Available-for-sale [Abstract]    
Amortized Cost 5,962 8,065
Gross Unrealized Gains 30 65
Gross Unrealized Losses (15) (1)
Fair Value 5,977 8,129
Fair Value of Securities with Contractual Maturities, Within 1 Year 1,517 2,925
Fair Value of Securities with Contractual Maturities, After 1 Year through 5 Years 4,385 5,200
Fair Value of Securities with Contractual Maturities, After 5 Years 75 4
Other marketable securities    
Debt Securities, Available-for-sale [Abstract]    
Amortized Cost 364 385
Gross Unrealized Gains 1 3
Gross Unrealized Losses 0 0
Fair Value 365 388
Fair Value of Securities with Contractual Maturities, Within 1 Year 40 2
Fair Value of Securities with Contractual Maturities, After 1 Year through 5 Years 319 357
Fair Value of Securities with Contractual Maturities, After 5 Years $ 6 $ 29
v3.26.1
CASH, CASH EQUIVALENTS, AND MARKETABLE SECURITIES - Schedule of Sales Proceeds and Gross Realized Gains/Losses (Details) - Company excluding Ford Credit - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Debt Securities, Available-for-sale [Line Items]    
Sales proceeds $ 2,608 $ 2,449
Gross realized gains 10 5
Gross realized losses $ 1 $ 3
v3.26.1
CASH, CASH EQUIVALENTS, AND MARKETABLE SECURITIES - Narrative (Details)
$ in Millions
 3 Months Ended
Mar. 31, 2026
USD ($)
Cash and Cash Equivalents [Abstract]  
Allowance for credit loss $ 0
v3.26.1
CASH, CASH EQUIVALENTS, AND MARKETABLE SECURITIES - Schedule of Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Cash and Cash Equivalents [Abstract]    
Cash and cash equivalents $ 17,649 $ 23,356
Restricted cash 354 358
Cash, cash equivalents, and restricted cash - held for sale 0 36
Total cash, cash equivalents, and restricted cash $ 18,003 $ 23,750
Restricted Cash, Statement of Financial Position [Extensible Enumeration] Other assets Other assets
v3.26.1
FORD CREDIT FINANCE RECEIVABLES AND ALLOWANCE FOR CREDIT LOSSES - Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Financing Receivable, Allowance for Credit Loss [Line Items]      
Number of days after which finance receivable is considered past due 31 days    
Accrued interest $ 293   $ 314
Financing receivable, threshold period past due, writeoff 120 days    
Ford Credit      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Sales-type and direct financing leases $ 155 $ 137  
Recorded investment 107,444   111,490
Non-Consumer | VIEs      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Recorded investment 19,000   20,300
Non-Consumer | Ford Credit      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Recorded investment 23,787   26,235
Consumer | VIEs      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Recorded investment 43,000   43,800
Consumer | Ford Credit      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Recorded investment $ 83,657   $ 85,255
v3.26.1
FORD CREDIT FINANCE RECEIVABLES AND ALLOWANCE FOR CREDIT LOSSES - Schedule of Net Finance Receivables (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Dec. 31, 2024
Financing Receivables [Line Items]        
Current portion $ 46,185 $ 49,130    
Non-current portion 60,322 61,449    
Ford Credit        
Financing Receivables [Line Items]        
Recorded investment 107,444 111,490    
Allowance for credit losses (937) (911) $ (881) $ (864)
Total finance receivables, net 106,507 110,579    
Current portion 46,185 49,130    
Non-current portion 60,322 61,449    
Net finance receivables subject to fair value 97,936 101,822    
Ford Credit | Fair Value | Fair Value, Nonrecurring        
Financing Receivables [Line Items]        
Fair value 98,349 102,499    
Consumer | Ford Credit        
Financing Receivables [Line Items]        
Retail financing, gross 87,923 89,741    
Recorded investment 83,657 85,255    
Allowance for credit losses (929) (902) (872) (860)
Consumer | Ford Credit | Retail installment contracts, gross        
Financing Receivables [Line Items]        
Retail financing, gross 78,821 80,467    
Consumer | Ford Credit | Retail financing        
Financing Receivables [Line Items]        
Unearned interest supplements (4,266) (4,486)    
Recorded investment 83,657 85,255    
Finance leases, gross | Ford Credit | Retail financing        
Financing Receivables [Line Items]        
Finance leases, gross 9,102 9,274    
Non-Consumer | Ford Credit        
Financing Receivables [Line Items]        
Recorded investment 23,787 26,235    
Allowance for credit losses (8) (9) $ (9) $ (4)
Non-Consumer | Ford Credit | Dealer financing        
Financing Receivables [Line Items]        
Recorded investment $ 23,787 $ 26,235    
v3.26.1
FORD CREDIT FINANCE RECEIVABLES AND ALLOWANCE FOR CREDIT LOSSES - Schedule of Credit Quality Analysis of Consumer Receivables (Details) - Ford Credit - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Financing Receivable, Allowance for Credit Loss [Line Items]      
Recorded investment $ 107,444   $ 111,490
Financing receivable, allowance for credit loss, writeoff 202 $ 167  
Consumer      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Financing receivable, originated five or more years before latest fiscal year 2,578   1,221
Financing receivable, originated four years before latest fiscal year 5,317   2,295
Financing receivable, originated three years before latest fiscal year 13,167   6,480
Financing receivable, originated two years before latest fiscal year 24,594   15,374
Financing receivable, originated in fiscal year before latest fiscal year 30,875   27,080
Financing receivable, originated in current fiscal year 7,126   32,805
Recorded investment $ 83,657   $ 85,255
Financing receivable, percent of consumer finance receivables 100.00%   100.00%
Financing receivable, originated, more than five years before current fiscal year, writeoff $ 21   $ 54
Financing receivable, year five, originated, four years before current fiscal year, writeoff 27   54
Financing receivable, year four, originated, three years before current fiscal year, writeoff 48   124
Financing receivable, year three, originated, two years before current fiscal year, writeoff 65   187
Financing receivable, year two, originated, fiscal year before current fiscal year, writeoff 36   205
Financing receivable, year one, originated, current fiscal year, writeoff 0   42
Financing receivable, allowance for credit loss, writeoff 197 $ 166 666
Consumer | Financial Asset, Past Due      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Financing receivable, originated five or more years before latest fiscal year 126   82
Financing receivable, originated four years before latest fiscal year 157   89
Financing receivable, originated three years before latest fiscal year 258   190
Financing receivable, originated two years before latest fiscal year 335   303
Financing receivable, originated in fiscal year before latest fiscal year 257   364
Financing receivable, originated in current fiscal year 13   226
Recorded investment $ 1,146   $ 1,254
Financing receivable, percent of consumer finance receivables 1.40%   1.50%
Consumer | 31 - 60 days past due      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Financing receivable, originated five or more years before latest fiscal year $ 96   $ 61
Financing receivable, originated four years before latest fiscal year 118   65
Financing receivable, originated three years before latest fiscal year 199   139
Financing receivable, originated two years before latest fiscal year 259   228
Financing receivable, originated in fiscal year before latest fiscal year 199   275
Financing receivable, originated in current fiscal year 13   166
Recorded investment $ 884   $ 934
Financing receivable, percent of consumer finance receivables 1.10%   1.10%
Consumer | Greater than 60 days past due      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Financing receivable, originated five or more years before latest fiscal year $ 30   $ 21
Financing receivable, originated four years before latest fiscal year 39   24
Financing receivable, originated three years before latest fiscal year 59   51
Financing receivable, originated two years before latest fiscal year 76   75
Financing receivable, originated in fiscal year before latest fiscal year 58   89
Financing receivable, originated in current fiscal year 0   60
Recorded investment $ 262   $ 320
Financing receivable, percent of consumer finance receivables 0.30%   0.40%
Consumer | Current      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Financing receivable, originated five or more years before latest fiscal year $ 2,452   $ 1,139
Financing receivable, originated four years before latest fiscal year 5,160   2,206
Financing receivable, originated three years before latest fiscal year 12,909   6,290
Financing receivable, originated two years before latest fiscal year 24,259   15,071
Financing receivable, originated in fiscal year before latest fiscal year 30,618   26,716
Financing receivable, originated in current fiscal year 7,113   32,579
Recorded investment $ 82,511   $ 84,001
Financing receivable, percent of consumer finance receivables 98.60%   98.50%
v3.26.1
FORD CREDIT FINANCE RECEIVABLES AND ALLOWANCE FOR CREDIT LOSSES - Schedule of Credit Quality Analysis of Dealer Financing Receivables (Details) - Ford Credit - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Financing Receivable, Allowance for Credit Loss [Line Items]      
Recorded investment $ 107,444   $ 111,490
Financing receivable, allowance for credit loss, writeoff 202 $ 167  
Non-Consumer      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Recorded investment 23,787   26,235
Financing receivable, revolving 22,750   25,195
Financing receivable, allowance for credit loss, writeoff 5 $ 1  
Financing Receivable, Revolving, Writeoff 5   10
Non-Consumer | Group I      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Financing receivable, revolving 18,443   20,608
Non-Consumer | Group II      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Financing receivable, revolving 3,673   3,979
Non-Consumer | Group III      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Financing receivable, revolving 621   584
Non-Consumer | Group IV      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Financing receivable, revolving 13   24
Non-Consumer | Dealer Loans      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Financing receivable, originated five or more years before latest fiscal year 324   295
Financing receivable, originated four years before latest fiscal year 33   76
Financing receivable, originated three years before latest fiscal year 180   35
Financing receivable, originated two years before latest fiscal year 132   184
Financing receivable, originated in fiscal year before latest fiscal year 199   125
Financing receivable, originated in current fiscal year 169   325
Recorded investment 1,037   1,040
Financing receivable, originated, more than five years before current fiscal year, writeoff 0   0
Financing receivable, year five, originated, four years before current fiscal year, writeoff 0   0
Financing receivable, year four, originated, three years before current fiscal year, writeoff 0   0
Financing receivable, year three, originated, two years before current fiscal year, writeoff 0   1
Financing receivable, year two, originated, fiscal year before current fiscal year, writeoff 0   0
Financing receivable, year one, originated, current fiscal year, writeoff 0   0
Financing receivable, allowance for credit loss, writeoff 0   1
Non-Consumer | Dealer Loans | Group I      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Financing receivable, originated five or more years before latest fiscal year 289   269
Financing receivable, originated four years before latest fiscal year 30   68
Financing receivable, originated three years before latest fiscal year 145   31
Financing receivable, originated two years before latest fiscal year 83   149
Financing receivable, originated in fiscal year before latest fiscal year 173   78
Financing receivable, originated in current fiscal year 128   268
Recorded investment 848   863
Non-Consumer | Dealer Loans | Group II      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Financing receivable, originated five or more years before latest fiscal year 34   25
Financing receivable, originated four years before latest fiscal year 3   8
Financing receivable, originated three years before latest fiscal year 34   4
Financing receivable, originated two years before latest fiscal year 47   33
Financing receivable, originated in fiscal year before latest fiscal year 24   46
Financing receivable, originated in current fiscal year 34   44
Recorded investment 176   160
Non-Consumer | Dealer Loans | Group III      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Financing receivable, originated five or more years before latest fiscal year 1   1
Financing receivable, originated four years before latest fiscal year 0   0
Financing receivable, originated three years before latest fiscal year 1   0
Financing receivable, originated two years before latest fiscal year 2   2
Financing receivable, originated in fiscal year before latest fiscal year 1   1
Financing receivable, originated in current fiscal year 7   11
Recorded investment 12   15
Non-Consumer | Dealer Loans | Group IV      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Financing receivable, originated five or more years before latest fiscal year 0   0
Financing receivable, originated four years before latest fiscal year 0   0
Financing receivable, originated three years before latest fiscal year 0   0
Financing receivable, originated two years before latest fiscal year 0   0
Financing receivable, originated in fiscal year before latest fiscal year 1   0
Financing receivable, originated in current fiscal year 0   2
Recorded investment 1   2
Non-Consumer | Dealer financing      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Recorded investment $ 23,787   $ 26,235
Financing receivable, percent of dealer finance receivables 100.00%   100.00%
Financing receivable, allowance for credit loss, writeoff $ 5   $ 11
Non-Consumer | Dealer financing | Financial Asset, Past Due      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Recorded investment 5   8
Non-Consumer | Dealer financing | Group I      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Recorded investment $ 19,291   $ 21,471
Financing receivable, percent of dealer finance receivables 81.10%   81.80%
Non-Consumer | Dealer financing | Group II      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Recorded investment $ 3,849   $ 4,139
Financing receivable, percent of dealer finance receivables 16.20%   15.80%
Non-Consumer | Dealer financing | Group III      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Recorded investment $ 633   $ 599
Financing receivable, percent of dealer finance receivables 2.60%   2.30%
Non-Consumer | Dealer financing | Group IV      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Recorded investment $ 14   $ 26
Financing receivable, percent of dealer finance receivables 0.10%   0.10%
v3.26.1
FORD CREDIT FINANCE RECEIVABLES AND ALLOWANCE FOR CREDIT LOSSES - Schedule of Allowance for Credit Losses Related to Finance Receivables (Details) - Ford Credit - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Beginning Balance $ 911 $ 864 $ 864
Charge-offs (202) (167)  
Recoveries 47 40  
Provision for credit losses 172 140  
Other 9 4  
Ending Balance 937 881 911
Consumer      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Beginning Balance 902 860 860
Charge-offs (197) (166) (666)
Recoveries 46 40  
Provision for credit losses 169 135  
Other 9 3  
Ending Balance 929 872 902
Non-Consumer      
Financing Receivable, Allowance for Credit Loss [Roll Forward]      
Beginning Balance 9 4 4
Charge-offs (5) (1)  
Recoveries 1 0  
Provision for credit losses 3 5  
Other 0 1  
Ending Balance $ 8 $ 9 $ 9
v3.26.1
INVENTORIES (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Inventory Disclosure [Abstract]    
Raw materials, work-in-process, and supplies $ 6,403 $ 6,020
Finished products 10,134 9,265
Total inventories $ 16,537 $ 15,285
v3.26.1
OTHER LIABILITIES AND DEFERRED REVENUE (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current    
Dealer and dealers’ customer allowances and claims $ 14,466 $ 15,293
Deferred revenue 4,434 4,489
Employee benefit plans 2,224 3,507
Accrued interest 1,403 1,453
Operating lease liabilities 567 567
OPEB 330 331
Pension 227 228
Other 6,198 5,911
Total current other liabilities and deferred revenue 29,849 31,779
Non-current    
Dealer and dealers’ customer allowances and claims 12,246 12,136
Deferred revenue 5,363 5,360
OPEB 3,951 4,031
Pension 3,548 3,701
Operating lease liabilities 1,818 1,835
Employee benefit plans 817 792
Other 2,418 3,047
Total non-current other liabilities and deferred revenue 30,161 30,902
Net pension assets 4,100 3,700
Current portion 500 500
Non-current portion $ 400 $ 500
Derivative Liability, Current, Statement of Financial Position [Extensible Enumeration] Total current other liabilities and deferred revenue  
Derivative Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration] Total non-current other liabilities and deferred revenue  
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration] Total current other liabilities and deferred revenue  
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration] Total non-current other liabilities and deferred revenue  
v3.26.1
RETIREMENT BENEFITS - Schedule of Defined Benefit Plans - Expense (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
OPEB    
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)    
Service cost $ 5 $ 5
Interest cost 50 55
Expected return on assets 0 0
Amortization of prior service costs/(credits) 2 2
Net remeasurement (gain)/loss 0 0
Separation costs/other 0 0
Settlements and curtailments 0 0
Net periodic benefit cost/(income) 57 62
U.S. Plans | Pension Benefits    
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)    
Service cost 53 52
Interest cost 353 393
Expected return on assets (449) (456)
Amortization of prior service costs/(credits) 22 22
Net remeasurement (gain)/loss 0 0
Separation costs/other 0 7
Settlements and curtailments 0 0
Net periodic benefit cost/(income) (21) 18
Non-U.S. Plans | Pension Benefits    
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)    
Service cost 44 48
Interest cost 248 224
Expected return on assets (295) (278)
Amortization of prior service costs/(credits) 6 6
Net remeasurement (gain)/loss (243) (10)
Separation costs/other 53 24
Settlements and curtailments 15 0
Net periodic benefit cost/(income) $ (172) $ 14
v3.26.1
RETIREMENT BENEFITS - Narrative (Details) - Pension Benefits
$ in Millions
 3 Months Ended
Mar. 31, 2026
USD ($)
Defined Benefit Plan Disclosure [Line Items]  
Defined benefit plan, expected future employer contributions $ 550
Payment for pension benefits 178
Defined Benefit Plan, Underfunded Plan  
Defined Benefit Plan Disclosure [Line Items]  
Defined benefit plan, expected future employer contributions 400
Payment for pension benefits $ 97
v3.26.1
DEBT (Details) - USD ($)
shares in Millions, $ in Millions
Mar. 16, 2026
Mar. 31, 2026
Dec. 31, 2025
Company excluding Ford Credit      
Debt Instrument [Line Items]      
Short-term   $ 1,385 $ 1,355
Convertible notes   0 2,300
Unamortized (discount)/premium and issuance costs   (1) (3)
Total debt payable within one year   3,268 5,550
Unamortized (discount)/premium and issuance costs   (273) (283)
Total long-term debt payable after one year   16,327 16,369
Total Company excluding Ford Credit   19,595 21,919
Total debt payable within one year   3,268 5,550
Long-term debt payable after one year   16,327 16,369
Stock issued in the period to settle conversion premium (in shares) 6.6    
Finance lease, liability, current   129 136
Finance lease, liability, noncurrent   752 754
Company excluding Ford Credit | Short-term Debt      
Debt Instrument [Line Items]      
Short-term debt, fair value   1,400 1,400
Company excluding Ford Credit | Level 2 | Fair Value, Nonrecurring      
Debt Instrument [Line Items]      
Fair value of Company debt excluding Ford Credit   18,736 21,640
Company excluding Ford Credit | Public unsecured debt securities      
Debt Instrument [Line Items]      
Public unsecured debt securities   1,672 1,672
Public unsecured debt securities   13,087 13,087
Company excluding Ford Credit | Notes payable      
Debt Instrument [Line Items]      
Other debt (including finance leases)   212 226
Other debt (including finance leases)   1,196 1,210
Company excluding Ford Credit | Convertible Debt      
Debt Instrument [Line Items]      
Interest rate 0.00%    
Company excluding Ford Credit | U.K. Export Finance Program | Notes payable      
Debt Instrument [Line Items]      
Other debt (including finance leases)   2,317 2,355
Ford Credit      
Debt Instrument [Line Items]      
Short-term   16,077 18,350
Unamortized (discount)/premium and issuance costs   (17) (18)
Unamortized (discount)/premium and issuance costs   (238) (229)
Total long-term debt payable after one year   90,008 89,665
Total Company excluding Ford Credit   137,531 141,417
Fair value adjustments   (19) (36)
Total debt payable within one year   47,523 51,752
Long-term debt payable after one year   90,008 89,665
Fair value adjustments   (421) (204)
Adjustment fair value hedging instruments unsecured debt, discontinued hedging relationships   (251) (319)
Debt carrying value fair value   44,700 41,700
Ford Credit | Short-term Debt      
Debt Instrument [Line Items]      
Short-term debt, fair value   15,200 16,400
Ford Credit | Level 2 | Fair Value, Nonrecurring      
Debt Instrument [Line Items]      
Fair value of Company debt excluding Ford Credit   139,329 144,213
Ford Credit | Unsecured debt      
Debt Instrument [Line Items]      
Long-term payable within one year   12,345 13,625
Long-term debt payable after one year   55,384 52,357
Ford Credit | Asset-backed debt      
Debt Instrument [Line Items]      
Long-term payable within one year   19,137 19,831
Long-term debt payable after one year   $ 35,283 $ 37,741
v3.26.1
DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Schedule of Income Effect of Derivative Financial Instruments (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Derivative [Line Items]    
Commodity contracts $ 131 $ (129)
Derivatives not designated as hedging instruments (2) 155
Designated as Hedging Instrument | Cash flow hedges | Foreign currency exchange contracts    
Derivative [Line Items]    
Foreign currency exchange contracts (12) 74
(Losses)/gains on derivative instruments 136 (78)
Designated as Hedging Instrument | Cash flow hedges | Commodity contracts    
Derivative [Line Items]    
Commodity contracts 28 11
(Losses)/gains on derivative instruments 78 (4)
Designated as Hedging Instrument | Fair value hedges | Interest rate contracts    
Derivative [Line Items]    
Net interest settlements and accruals on hedging instruments (7) (48)
Fair value changes on hedging instruments (178) 329
Fair value changes on hedged debt 170 (324)
Designated as Hedging Instrument | Fair value hedges | Cross-currency interest rate swap contracts    
Derivative [Line Items]    
Net interest settlements and accruals on hedging instruments (12) (25)
Fair value changes on hedging instruments (203) 146
Fair value changes on hedged debt 204 (136)
Derivatives not designated as hedging instruments | Foreign currency exchange contracts    
Derivative [Line Items]    
Derivatives not designated as hedging instruments (34) 60
Derivatives not designated as hedging instruments | Foreign currency exchange contracts | Cost of Sales    
Derivative [Line Items]    
Derivatives not designated as hedging instruments (63) 70
Derivatives not designated as hedging instruments | Foreign currency exchange contracts | Nonoperating Income (Expense)    
Derivative [Line Items]    
Derivatives not designated as hedging instruments 29 (10)
Derivatives not designated as hedging instruments | Commodity contracts    
Derivative [Line Items]    
Derivatives not designated as hedging instruments 41 11
Derivatives not designated as hedging instruments | Interest rate contracts    
Derivative [Line Items]    
Derivatives not designated as hedging instruments 91 (45)
Derivatives not designated as hedging instruments | Cross-currency interest rate swap contracts    
Derivative [Line Items]    
Derivatives not designated as hedging instruments $ (90) $ 102
v3.26.1
DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Schedule of Balance Sheet Effect of Derivative Instruments (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Derivative [Line Items]    
Notional $ 163,553 $ 161,581
Current portion 500 500
Non-current portion 400 500
Held collateral 4 5
Posted collateral 111 102
Designated as Hedging Instrument | Foreign currency exchange contracts | Cash flow hedges    
Derivative [Line Items]    
Notional 16,384 17,750
Designated as Hedging Instrument | Commodity contracts | Cash flow hedges    
Derivative [Line Items]    
Notional 995 940
Designated as Hedging Instrument | Interest rate contracts | Fair value hedges    
Derivative [Line Items]    
Notional 21,437 18,582
Designated as Hedging Instrument | Cross-currency interest rate swap contracts | Fair value hedges    
Derivative [Line Items]    
Notional 5,050 4,158
Derivatives not designated as hedging instruments | Foreign currency exchange contracts    
Derivative [Line Items]    
Notional 24,848 24,934
Derivatives not designated as hedging instruments | Commodity contracts    
Derivative [Line Items]    
Notional 909 803
Derivatives not designated as hedging instruments | Interest rate contracts    
Derivative [Line Items]    
Notional 88,018 87,293
Derivatives not designated as hedging instruments | Cross-currency interest rate swap contracts    
Derivative [Line Items]    
Notional 5,912 7,121
Fair Value, Recurring    
Derivative [Line Items]    
Current portion 682 634
Non-current portion 1,029 1,292
Total derivative financial instruments, gross 1,711 1,926
Current portion 748 643
Non-current portion 399 524
Total derivative financial instruments, gross 1,147 1,167
Fair Value, Recurring | Level 2    
Derivative [Line Items]    
Fair Value of Assets 1,711 1,926
Fair Value of Liabilities 1,147 1,167
Counterparty netting, assets not offset 843 814
Counterparty netting, liabilities not offset 843 814
Fair Value, Recurring | Level 2 | Designated as Hedging Instrument | Foreign currency exchange contracts | Cash flow hedges    
Derivative [Line Items]    
Fair Value of Assets 174 98
Fair Value of Liabilities 64 114
Fair Value, Recurring | Level 2 | Designated as Hedging Instrument | Commodity contracts | Cash flow hedges    
Derivative [Line Items]    
Fair Value of Assets 167 122
Fair Value of Liabilities 7 0
Fair Value, Recurring | Level 2 | Designated as Hedging Instrument | Interest rate contracts | Fair value hedges    
Derivative [Line Items]    
Fair Value of Assets 225 374
Fair Value of Liabilities 244 220
Fair Value, Recurring | Level 2 | Designated as Hedging Instrument | Cross-currency interest rate swap contracts | Fair value hedges    
Derivative [Line Items]    
Fair Value of Assets 247 383
Fair Value of Liabilities 69 5
Fair Value, Recurring | Level 2 | Derivatives not designated as hedging instruments | Foreign currency exchange contracts    
Derivative [Line Items]    
Fair Value of Assets 130 150
Fair Value of Liabilities 256 180
Fair Value, Recurring | Level 2 | Derivatives not designated as hedging instruments | Commodity contracts    
Derivative [Line Items]    
Fair Value of Assets 91 56
Fair Value of Liabilities 4 1
Fair Value, Recurring | Level 2 | Derivatives not designated as hedging instruments | Interest rate contracts    
Derivative [Line Items]    
Fair Value of Assets 439 364
Fair Value of Liabilities 470 619
Fair Value, Recurring | Level 2 | Derivatives not designated as hedging instruments | Cross-currency interest rate swap contracts    
Derivative [Line Items]    
Fair Value of Assets 238 379
Fair Value of Liabilities $ 33 $ 28
v3.26.1
DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES - Narrative (Details)
$ in Millions
 3 Months Ended
Mar. 31, 2026
USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Debt instrument designated as a hedging instrument $ 839
Debt instrument, designated as a hedging instrument, gain $ 28
v3.26.1
EMPLOYEE SEPARATION ACTIONS AND EXIT AND DISPOSAL ACTIVITIES - Schedule of Restructuring Reserve by Type of Cost (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Company excluding Ford Credit    
Restructuring Reserve    
Beginning balance $ 1,457 $ 1,098
Changes in accruals 368 47
Payments (770) (178)
Foreign currency translation and other (26) 32
Ending balance 1,029 999
Pension Costs    
Restructuring Reserve    
Changes in accruals $ 68 $ 24
v3.26.1
EMPLOYEE SEPARATION ACTIONS AND EXIT AND DISPOSAL ACTIVITIES - Narrative (Details)
$ in Millions
Mar. 31, 2026
USD ($)
Minimum  
Restructuring Cost and Reserve [Line Items]  
Restructuring and related cost, expected cost $ 500
Maximum  
Restructuring Cost and Reserve [Line Items]  
Restructuring and related cost, expected cost $ 1,000
v3.26.1
ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]    
Beginning balance $ 35,980 $ 44,858
Total other comprehensive income/(loss), net of tax (170) 481
Ending balance 37,484 44,660
Net gains on cash flow hedges 202  
AOCI    
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]    
Beginning balance (7,710) (9,639)
Total other comprehensive income/(loss), net of tax (170) 481
Ending balance (7,880) (9,158)
Foreign currency translation    
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]    
Beginning balance (4,878) (6,899)
Other comprehensive income (loss), before reclassifications, before tax (293) 497
Other comprehensive income (loss) before reclassifications, tax (31) (28)
Other comprehensive income (loss), before reclassifications, net of tax (262) 525
Reclassification from accumulated other comprehensive income, net of tax 5 (4)
Total other comprehensive income/(loss), net of tax (257) 521
Ending balance (5,135) (6,378)
Marketable securities    
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]    
Beginning balance 81 (50)
Other comprehensive income (loss), before reclassifications, before tax (82) 88
Other comprehensive income (loss) before reclassifications, tax (19) 19
Other comprehensive income (loss), before reclassifications, net of tax (63) 69
Reclassification from accumulated other comprehensive income, before tax (9) (2)
Reclassification from AOCI, tax (3) 0
Reclassification from accumulated other comprehensive income, net of tax (6) (2)
Total other comprehensive income/(loss), net of tax (69) 67
Ending balance 12 17
Derivative instruments    
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]    
Beginning balance (38) 277
Other comprehensive income (loss), before reclassifications, before tax 193 (82)
Other comprehensive income (loss) before reclassifications, tax 50 (19)
Other comprehensive income (loss), before reclassifications, net of tax 143 (63)
Reclassification from accumulated other comprehensive income, before tax (16) (85)
Reclassification from AOCI, tax (4) (19)
Reclassification from accumulated other comprehensive income, net of tax (12) (66)
Total other comprehensive income/(loss), net of tax 131 (129)
Ending balance 93 148
Pension and other postretirement benefits    
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]    
Beginning balance (2,875) (2,967)
Total other comprehensive income/(loss), net of tax 25 22
Ending balance (2,850) (2,945)
Net prior service costs/(credits) reclassified from AOCI to net income    
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]    
Other comprehensive income (loss), before reclassifications, before tax 30 30
Other comprehensive income (loss) before reclassifications, tax 7 7
Other comprehensive income (loss), before reclassifications, net of tax 23 23
Translation impact on non-U.S. plans    
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]    
Total other comprehensive income/(loss), net of tax $ 2 $ (1)
v3.26.1
VARIABLE INTEREST ENTITIES (Details)
$ in Millions
 3 Months Ended 12 Months Ended
Mar. 31, 2026
USD ($)
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
Jul. 31, 2022
USD ($)
plant
Variable Interest Entity [Line Items]        
Proceeds from equity method investment, distribution, return of capital $ 0 $ 1,700    
Equity in net assets of affiliated companies 2,737   $ 2,753  
BlueOval SK, LLC        
Variable Interest Entity [Line Items]        
Equity method investment, ownership percentage       50.00%
Number of electric vehicle battery plants | plant       2
Proceeds from equity method investment, distribution, return of capital   $ 1,700 3,100  
Net of returns of capital 3,500      
Equity in net assets of affiliated companies 0   0  
BlueOval SK, LLC | Maximum        
Variable Interest Entity [Line Items]        
Committed capital       $ 6,600
BlueOval SK, LLC | U.S. Department Of Energy (DoE)        
Variable Interest Entity [Line Items]        
Line of credit facility entered into by equity method investee     $ 9,600  
Percent of borrowings guaranteed     50.00%  
Variable Interest Entity, Not Primary Beneficiary        
Variable Interest Entity [Line Items]        
Variable interest entity, reporting entity involvement, maximum loss exposure, amount 5,300   $ 5,200  
Maximum potential payments $ 4,900   $ 4,900  
v3.26.1
COMMITMENTS AND CONTINGENCIES - Narrative (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Litigation and Claims    
Guarantor Obligations [Line Items]    
Loss contingency estimate $ 400  
Field Service Actions and Customer Satisfaction Actions    
Guarantor Obligations [Line Items]    
Loss contingency estimate 2,000  
Financial Guarantee    
Guarantor Obligations [Line Items]    
Maximum potential payments 5,300 $ 5,400
Carrying value of recorded liabilities related to guarantees and limited indemnities $ 92 $ 92
v3.26.1
COMMITMENTS AND CONTINGENCIES - Schedule of Warranty (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Movement in Standard Product Warranty Accrual [Roll Forward]    
Beginning balance $ 17,190 $ 14,032
Payments made during the period (1,487) (1,457)
Changes in accrual related to warranties issued during the period 1,374 1,689
Changes in accrual related to pre-existing warranties (189) 356
Foreign currency translation and other 140 29
Ending balance $ 17,028 $ 14,649
v3.26.1
SEGMENT INFORMATION (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Segment Information      
Number Of Reportable Segments Disclosed By Definition Flag Accordingly, we analyze the results of our business through the following segments: Ford Blue, Ford Model e, Ford Pro, and Ford Credit    
Total revenues $ 43,253 $ 40,659  
Segment EBIT/EBT 3,633 1,136  
Interest on debt (excludes $1,790 of Ford Credit interest on debt) (350) (288)  
Special items (226) (110)  
Income/(Loss) before income taxes 2,912 621  
Depreciation and tooling amortization 1,883 1,848  
Investment-related interest income 316 351  
Equity in net income/(loss) of affiliated companies 160 94  
Cash outflow for capital spending 2,376 1,818  
Total assets 282,434 284,539 $ 289,160
Company excluding Ford Credit      
Segment Information      
Total revenues 39,819 37,422  
Interest on debt (excludes $1,790 of Ford Credit interest on debt) (350) (288)  
Ford Credit      
Segment Information      
Total revenues 3,434 3,237  
Ford Credit interest on debt 1,719 1,790  
Operating Segments | Ford Blue      
Segment Information      
Total revenues 23,858 20,997  
Other segment items 31,440 31,506  
Segment EBIT/EBT 1,942 96  
Other segment items (31,440) (31,506)  
Depreciation and tooling amortization 738 729  
Investment-related interest income 52 48  
Equity in net income/(loss) of affiliated companies 54 62  
Cash outflow for capital spending 1,335 987  
Total assets 66,111 62,772  
Operating Segments | Ford Model e      
Segment Information      
Total revenues 1,232 1,242  
Other segment items 2,085 2,207  
Segment EBIT/EBT (777) (849)  
Other segment items (2,085) (2,207)  
Depreciation and tooling amortization 45 138  
Investment-related interest income 1 1  
Equity in net income/(loss) of affiliated companies (4) (20)  
Cash outflow for capital spending 990 761  
Total assets 6,976 16,181  
Operating Segments | Ford Pro      
Segment Information      
Total revenues 14,723 15,181  
Other segment items 13,038 13,872  
Segment EBIT/EBT 1,685 1,309  
Other segment items (13,038) (13,872)  
Depreciation and tooling amortization 348 348  
Investment-related interest income 16 15  
Equity in net income/(loss) of affiliated companies 100 40  
Cash outflow for capital spending 8 7  
Total assets 3,924 3,664  
Operating Segments | Ford Credit      
Segment Information      
Total revenues 3,434 3,237  
Other segment items 2,651 2,657  
Segment EBIT/EBT 783 580  
Other segment items (2,651) (2,657)  
Depreciation and tooling amortization 715 618  
Investment-related interest income 77 91  
Equity in net income/(loss) of affiliated companies 13 10  
Cash outflow for capital spending 19 28  
Total assets 157,627 154,183  
Eliminations And Reconciling Items      
Segment Information      
Total revenues (9,594) (10,719)  
Unallocated Amounts      
Segment Information      
Total revenues 6 2  
Depreciation and tooling amortization 37 15  
Investment-related interest income 170 196  
Equity in net income/(loss) of affiliated companies (3) 2  
Cash outflow for capital spending 24 35  
Total assets 47,796 47,739  
Eliminations      
Segment Information      
Total revenues (9,600) (10,721)  
Eliminations | Ford Blue      
Segment Information      
Total revenues (9,524) (10,605)  
Eliminations | Ford Model e      
Segment Information      
Total revenues (76) (116)  
Eliminations | Ford Pro      
Segment Information      
Total revenues 0 0  
Eliminations | Ford Credit      
Segment Information      
Total revenues 0 0  
Operating Segments Excluding Intersegment Elimination | Ford Blue      
Segment Information      
Total revenues 33,382 31,602  
Operating Segments Excluding Intersegment Elimination | Ford Model e      
Segment Information      
Total revenues 1,308 1,358  
Operating Segments Excluding Intersegment Elimination | Ford Pro      
Segment Information      
Total revenues 14,723 15,181  
Operating Segments Excluding Intersegment Elimination | Ford Credit      
Segment Information      
Total revenues 3,434 3,237  
Corporate Other      
Segment Information      
Other segment items 145 117  
Other segment items $ (145) $ (117)