Ford Motor Company

NYSE-F

OverviewFinancialsInvestor RelationsResearchEstimatesNewsOwnershipIndustryDividendsModelingFilings

Operating Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Net Income	4,723	5,894	4,329	-2,152	17,910	-1,276	84	3,695	7,757	4,600	7,371
Net Income
Depreciation & Amortization	5,790	5,867	6,523	6,493	5,960	7,457	8,490	8,413	8,572	8,717	7,966
Depreciation and Tooling Amortization
Other Amortization
Stock Based Compensation	516	511	460	336	305	199	228	191	246	210	199
Stock Compensation
Other Adjustments	610	1,056	1,779	8,573	-12,903	-1,181	2,508	1,400	-530	4,778	3,385
Gains on Extinguishment of Debt
Held-for-Sale Impairment Charges
Brazil Manufacturing Exit Non-Cash Charges (Excluding Accelerated Depreciation)
Provision for Credit and Insurance Losses
Pension and Other Postretirement Employee Benefits ("OPEB") Expense
Equity Method Investment Dividends Received in Excess of Earnings and Impairments
Equity Method Investment Earnings and Impairments in Excess of Dividends Received
Net Realized and Unrealized Gains on Cash Equivalents, Marketable Securities, and Other Investments
Net Gain on Changes in Investments in Affiliates
Foreign Currency Adjustments
Provision for Deferred Income Taxes
Changes in Trade Receivables	-3,083	-6,796	-7,447	-11,743	6,515	12,041	738	-4,647	-3,133	-4,304	-8,653
Change in Finance Receivables (Wholesale and Other)
Change in Accounts Receivable and Other Assets
Changes in Inventories	1,660	27	-1,219	-2,576	-1,778	148	206	-828	-970	-803	-1,155
Change in Inventory
Changes in Accounts Payable	9,670	8,425	9,829	7,268	-36	6,809	5,260	6,781	6,089	6,595	7,758
Change in Accounts Payable and Accrued and Other Liabilities
Changes in Other Operating Activities	512	439	664	654	-186	72	125	17	65	57	-645
Other
Cash Flows from Operating Activities of Discontinued Operations
Cash from Operating Activities	20,426	15,423	14,918	6,853	15,787	24,269	17,639	15,022	18,096	19,850	16,226
Net Cash Provided by Operating Activities

Investing Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Capital Expenditure	-8,529	-8,684	-8,236	-6,866	-6,227	-5,742	-7,632	-7,785	-7,049	-6,992	-7,196
Capital Spending
Net Acquisitions of Daily Rental Vehicles
Purchases of Investments	-11,004	-12,300	-8,590	-17,458	-27,491	-39,624	-17,472	-17,140	-27,567	-31,428	-41,279
Purchases of Marketable Securities and Other Investments
Proceeds from Sale of Investments	9,241	12,346	12,700	19,117	33,229	32,395	16,929	20,527	29,898	29,354	40,766
Sales and Maturities of Marketable Securities and Other Investments
Payments for Business Acquisitions	—	—	—	—	—	—	—	—	—	—	—
Cash Paid for Acquisitions
Proceeds from Business Divestments	—	—	—	449	145	1,340	—	—	—	—	—
Proceeds from Sale of Business
Other Investing Activities	-6,107	-15,732	-13,502	411	3,089	-6,984	-5,546	-11,863	-14,642	-16,236	-18,453
Acquisitions of Finance Receivables and Operating Leases
Collections of Finance Receivables and Operating Leases
Cash Change Due to Initial Consolidation of Businesses
Change Related to Venezuelan Operations
Settlements of Derivatives
Proceeds from Sales of Retail Finance Receivables
Elimination of Cash Balances Upon Disposition of Discontinued/Held-for-Sale Operations
Cash Change Due to Deconsolidation of Joint Ventures
Capital Contributions to Equity Method Investments
Returns of Capital from Equity Method Investments
Other
Cash Flows from Investing Activities of Discontinued Operations
Cash from Investing Activities	-17,249	-24,370	-17,628	-4,347	2,745	-18,615	-13,721	-16,261	-19,360	-25,302	-26,162
Net Cash Provided by Investing Activities

Financing Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Issuance of Short-Term Debt	957	-276	-1,539	5,460	3,273	-2,291	-1,384	-2,819	1,229	3,864	1,646
Net Changes in Short-Term Debt
Net Issuance / (Repayments) of Short-Term Debt	957	-276	-1,539	5,460	3,273	-2,291	-1,384	-2,819	1,229	3,864	1,646
Issuance of Long-Term Debt	50,712	57,312	51,659	45,470	27,901	65,900	47,604	50,130	45,801	45,961	48,860
Proceeds from Issuance of Long-Term Debt
Repayments of Long-Term Debt	-47,658	-45,680	-41,965	-45,655	-54,164	-60,514	-46,497	-44,172	-40,770	-38,797	-33,358
Payments of Long-Term Debt
Net Issuance / (Repayments) of Long-Term Debt	3,054	11,632	9,694	-185	-26,263	5,386	1,107	5,958	5,031	7,164	15,502
Issuance of Common Shares	—	—	—	—	—	—	—	—	—	—	—
Sales of Common Stock
Repurchases of Common Shares	-556	-426	-335	-484	—	—	-237	-164	-131	-145	-129
Purchases of Common Stock
Net Issuance / (Repurchases) of Common Shares	-556	-426	-335	-484	—	—	-237	-164	-131	-145	-129
Common Share Dividends Paid	-2,986	-3,118	-4,995	-2,009	-403	-596	-2,389	-2,905	-2,584	-3,376	-2,380
Cash Payments for Dividends and Dividend Equivalents
Other Financing Activities	-237	-327	-241	-271	-105	-184	-226	-192	-151	-107	-373
Payments on Notes/Transfer of Cash Equivalents to the UAW Voluntary Employee Benefit Association ("VEBA") Trust
Other
Cumulative Correction of Financial Services Prior-Period Error
Less: Cash and Cash Equivalents of Discontinued/Held-for-Sale Operations at December 31
Cash and Cash Equivalents of Discontinued/Held-for-Sale Operations at January 1
Cash from Financing Activities	232	7,485	2,584	2,511	-23,498	2,315	-3,129	-122	3,394	7,400	14,266
Net Cash Provided by Financing Activities

Free Cash Flow	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Free Cash Flow	11,897	6,739	6,682	-13	9,560	18,527	10,007	7,237	11,047	12,858	9,030
NOPAT	3,228.7	4,252.8	5,956.1	4,478.1	4,556.1	-5,040	-75.3	2,723.8	4,640.5	3,923.3	5,019.2
Levered Free Cash Flow	17,820	23,309	20,063	8,267	-7,320	10,560	6,219	13,414	20,698	23,191	31,249
Unlevered Free Cash Flow	12,331.7	10,326.8	13,517.1	9,451.1	2,289.1	3,704	6,373.7	9,321.8	11,347.5	11,497.3	11,747.2
Net Change in Cash	3,409	-1,462	-126	5,017	-4,966	7,969	789	-1,361	2,130	1,948	4,330