Ford Motor (F) 10-Q24 Apr 242024 Q1 Quarterly reportFinancial data

Company Profile

DOCUMENT AND ENTITY INFORMATION

DOCUMENT AND ENTITY INFORMATION Document - shares	3 Months Ended
DOCUMENT AND ENTITY INFORMATION Document - shares	Mar. 31, 2024	Apr. 19, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2024
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
Document Fiscal Period Focus	Q1
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
Title of 12(b) Security	Common Stock, par value $.01 per share
Trading Symbol	F
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Shell Company	false
Amendment Flag	false
Document Fiscal Year Focus	2024
Entity Central Index Key	0000037996
Current Fiscal Year End Date	--12-31
Entity Small Business	false
Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		3,921,485,081
Class B Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		70,852,076
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

CONSOLIDATED INCOME STATEMENT

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

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Statement of Comprehensive Income [Abstract]
Net income/(loss)	$ 1,334	$ 1,663
Foreign currency translation	(114)	493
Marketable Securities	(8)	110
Derivative Instruments	205	(55)
Pension and other postretirement benefits	27	3
Total other comprehensive income/(loss), net of tax	110	551
Comprehensive income/(loss)	1,444	2,214
Less: Comprehensive income/(loss) attributable to noncontrolling interests	2	(94)
Comprehensive income attributable to Ford Motor Company	$ 1,442	$ 2,308

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) shares in Millions, $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current Assets
Cash and cash equivalents	$ 19,721	$ 24,862
Marketable securities	14,742	15,309
Financing Receivable, after Allowance for Credit Loss, Current	44,600	46,425
Accounts Receivable, after Allowance for Credit Loss, Current	18,698	15,601
Inventories	18,632	15,651
Other assets, current	4,202	3,633
Total current assets	120,595	121,481
Noncurrent Assets
Financing Receivable, after Allowance for Credit Loss, Noncurrent	56,985	55,650
Net Investment in Operating Leases, Noncurrent	21,118	21,384
Net property	40,515	40,821
Equity in net assets of affiliated companies	6,336	5,548
Deferred Income Tax Assets, Net	16,726	16,985
Other assets, non-current	12,066	11,441
Total assets	274,341	273,310
Current Liabilities
Payables	27,384	25,992
Other liabilities and deferred revenue (Note 10 and Note 18)	26,032	25,870
Total current liabilities	103,206	101,531
Noncurrent Liabilities
Other liabilities and deferred revenue (Note 10 and Note 18)	27,724	28,414
Deferred Tax Liabilities, Other	889	1,005
Total liabilities	231,444	230,512
EQUITY
Capital in excess of par value of stock	23,125	23,128
Retained earnings	31,019	31,029
Accumulated Other Comprehensive Income (Loss), Net of Tax	(8,932)	(9,042)
Treasury stock	(2,384)	(2,384)
Total equity attributable to Ford Motor Company	42,870	42,773
Equity attributable to noncontrolling interests	27	25
Total equity	42,897	42,798
Total liabilities and equity	274,341	273,310
Variable Interest Entity, Primary Beneficiary
Current Assets
Cash and cash equivalents	$ 2,909	2,298
Common Stock
EQUITY
Common Stock, Par or Stated Value Per Share	$ 0.01
Common Stock, Shares, Issued	4,105
Common Stock, Shares Authorized	6,000
Common and Class B Stock	$ 41	41
Class B Stock
EQUITY
Common Stock, Par or Stated Value Per Share	$ 0.01
Common Stock, Shares, Issued	71
Common Stock, Shares Authorized	530
Common and Class B Stock	$ 1	1
Ford Credit
Current Assets
Financing Receivable, after Allowance for Credit Loss, Current	44,600	46,425
Noncurrent Assets
Financing Receivable, after Allowance for Credit Loss, Noncurrent	56,985	55,650
Operating Segments \| Company excluding Ford Credit
Current Assets
Cash and cash equivalents	10,873	14,204
Current Liabilities
Debt payable within one year	727	477
Noncurrent Liabilities
Long-term debt	19,430	19,467
Operating Segments \| Ford Credit
Current Assets
Cash and cash equivalents	8,848	10,658
Noncurrent Assets
Total assets	148,901
Current Liabilities
Debt payable within one year	49,063	49,192
Noncurrent Liabilities
Long-term debt	$ 80,195	$ 80,095

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Cash and cash equivalents	$ 19,721	$ 24,862
Financing Receivable, Allowance for Credit Loss, Current	254	256
Accounts Receivable, Allowance for Credit Loss, Current	59	64
Financing Receivable, Allowance for Credit Loss, Noncurrent	626	626
Variable Interest Entity, Primary Beneficiary
Cash and cash equivalents	2,909	2,298
Total finance receivables, net	56,523	56,131
Net Investment in Operating Lease	11,190	11,179
Other assets	75	90
Other liabilities and deferred revenue	18	45
Debt	$ 45,716	$ 48,177

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Net Cash Provided by (Used in) Operating Activities, Continuing Operations [Abstract]
Net income/(loss)	$ 1,334	$ 1,663
Depreciation and tooling amortization	1,881	1,897
Other amortization	(376)	(272)
Provision for/(Benefit from) credit losses and insurance losses	126	83
Pension and other postretirement employee benefits (“OPEB”) expense/(income) (Note 11)	166	303
Equity method investment dividends received in excess of (earnings)/losses and impairments	(154)	(7)
Foreign currency adjustments	(12)	(94)
Net realized and unrealized (gains)/losses on cash equivalents, marketable securities, and other investments	29	51
Stock compensation	126	100
Provision for/(Benefit from) deferred income taxes	(28)	17
Decrease/(Increase) in finance receivables (wholesale and other)	(1,121)	(656)
Decrease/(Increase) in accounts receivable and other assets	(806)	(732)
Decrease/(Increase) in inventory	(3,154)	(1,967)
Increase/(Decrease) in accounts payable and accrued and other liabilities	3,333	2,323
Other	41	91
Net cash provided by/(used in) operating activities	1,385	2,800
Net Cash Provided by (Used in) Investing Activities, Continuing Operations [Abstract]
Capital spending	(2,094)	(1,780)
Acquisitions of finance receivables and operating leases	(14,829)	(12,543)
Collections of finance receivables and operating leases	11,238	11,170
Purchases of marketable securities and other investments	(2,985)	(2,545)
Sales and maturities of marketable securities and other investments	3,579	4,413
Settlements of derivatives	(184)	(41)
Payments to Acquire Equity Method Investments	(639)	(699)
Other	34	48
Net cash provided by/(used in) investing activities	(5,880)	(1,977)
Net Cash Provided by (Used in) Financing Activities, Continuing Operations [Abstract]
Cash payments for dividends and dividend equivalents	(1,326)	(3,193)
Purchases of common stock	0	0
Net changes in short-term debt	(1,201)	(2,211)
Proceeds from issuance of long-term debt	16,488	13,912
Payments of long-term debt	(14,225)	(12,242)
Other	(194)	(140)
Net cash provided by/(used in) financing activities	(458)	(3,874)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect [Abstract]
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	(171)	70
Net increase/(decrease) in cash, cash equivalents, and restricted cash	(5,124)	(2,981)
Cash, cash equivalents, and restricted cash at beginning of period (Note 7)	25,110	25,340
Cash, cash equivalents, and restricted cash at end of period (Note 7)	$ 19,986	$ 22,359

CONSOLIDATED STATEMENTS OF EQUI

CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Millions		Total		Regular Dividend	Supplemental Dividend	Capital Stock	Cap. in Excess of Par Value of Stock		Retained Earnings		Accumulated Other Comprehensive Income/(Loss) (Note 16)		Treasury Stock, Common [Member]		Total		Equity Attributable to Non-controlling Interests
Increase (Decrease) in Stockholders' Equity
Total equity attributable to Ford Motor Company		$ 43,242				$ 42	$ 22,832		$ 31,754		$ (9,339)		$ (2,047)
Equity attributable to noncontrolling interests		(75)
Beginning balance at Dec. 31, 2022		43,167
Increase (Decrease) in Stockholders' Equity
Net income/(loss)		1,663
Other comprehensive income/(loss), net		551
Common Stock issued (a)		57	[1]			0	57		0		0		0		$ 57	[1]	$ 0
Treasury stock/other		$ 0				0	0		0		0		0		0		0
Per share dividend of Common and Class B Stock		$ 0.80		$ 0.15	$ 0.65
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders		$ 0
Dividends and dividend equivalents declared		(3,241)	[2]			0	0		(3,241)		0		0		(3,241)	[2]
Ending balance at Mar. 31, 2023		42,197
Increase (Decrease) in Stockholders' Equity
Less: Income/(Loss) attributable to noncontrolling interests		(94)
Net Income (Loss) Attributable to Parent		1,757				0	0		1,757		0		0
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest		0
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent		551				0	0		0		551		0
Total equity attributable to Ford Motor Company		42,366				42	22,889		30,270		(8,788)		(2,047)
Equity attributable to noncontrolling interests		(169)
Total equity attributable to Ford Motor Company		42,773				42	23,128		31,029		(9,042)		(2,384)
Equity attributable to noncontrolling interests		25
Beginning balance at Dec. 31, 2023		42,798
Increase (Decrease) in Stockholders' Equity
Net income/(loss)		1,334
Other comprehensive income/(loss), net		110
Common Stock issued (a)		(3)	[1]			0	(3)	[1]	0	[1]	0	[1]	0	[1]	(3)	[1]	0	[1]
Treasury stock/other		$ 0				0	0		0		0		0		0		$ 0
Per share dividend of Common and Class B Stock		$ 0.33		$ 0.15	$ 0.18
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	[2]	$ 0
Dividends and dividend equivalents declared		(1,342)	[2]			0	0	[2]	(1,342)	[2]	0	[2]	0	[2]	$ (1,342)	[2]
Ending balance at Mar. 31, 2024		42,897
Increase (Decrease) in Stockholders' Equity
Less: Income/(Loss) attributable to noncontrolling interests		2
Net Income (Loss) Attributable to Parent		1,332				0	0		1,332		0		0
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest		0
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent		110				0	0		0		110		0
Total equity attributable to Ford Motor Company		42,870				$ 42	$ 23,125		$ 31,019		$ (8,932)		$ (2,384)
Equity attributable to noncontrolling interests		$ 27

[1] Includes impact of share-based compensation. Dividends and dividend equivalents declared for Common and Class B Stock. In the first quarter of 2023 and 2024, in addition to a regular dividend of $0.15 per share, we declared a supplemental dividend of $0.65 per share and $0.18 per share, respectively.

Presentation

Presentation	3 Months Ended
Presentation	Mar. 31, 2024
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 referenced 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, 2023 (“2023 Form 10-K Report”).

New Accounting Standards (Notes

New Accounting Standards (Notes)	3 Months Ended
New Accounting Standards (Notes)	Mar. 31, 2024
Accounting Standards Update and Change in Accounting Principle [Abstract]
NEW ACCOUNTING STANDARDS	NEW ACCOUNTING STANDARDS Adoption of New Accounting Standards We adopted the following Accounting Standards Updates (“ASUs”) during 2024, none of which had a material impact to our consolidated financial statements or financial statement disclosures: ASU Effective Date 2023-01 Leases: Common Control Arrangements January 1, 2024 2023-02 Investments – Equity Method and Joint Ventures - Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method January 1, 2024 Accounting Standards Issued But Not Yet Adopted ASU 2023-07, Segment Reporting, Improvements to Reportable Segment Disclosures. In November 2023, the Financial Accounting Standards Board (“FASB”) issued a new accounting standard which requires disclosure of significant segment expenses that are regularly provided to the chief operating decision maker (”CODM”) for each reportable segment. In addition to significant segment expenses that are separately disclosed, the standard requires disclosure of an amount for “other segment items” by reportable segment and a description of its composition. The standard also requires all annual disclosures about a reporting segment’s profit or loss and assets to be provided on an interim basis. This new standard is effective for our 2024 annual financial statements and interim periods beginning in 2025. We are assessing the effect on our consolidated financial statement disclosures; however, adoption will not impact our consolidated balance sheets or income statements. ASU 2023-09, Improvements to Income Tax Disclosures. In December 2023, the FASB issued a new accounting standard to enhance the transparency and decision usefulness of income tax disclosures. The new standard is effective for annual periods beginning after December 15, 2024, with retrospective application permitted. There will be no impact to our consolidated balance sheets or income statements; however, there will be changes to our consolidated financial statement disclosures, primarily related to the effective tax rate reconciliation and cash paid for income taxes. All other ASUs issued but not yet adopted were assessed and determined to be not applicable or are not expected to have a material impact on our consolidated financial statements or financial statement disclosures.

Revenue (Notes)

Revenue (Notes)	3 Months Ended
Revenue (Notes)	Mar. 31, 2024
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 2023 Company excluding Ford Credit Ford Credit Consolidated Vehicles, parts, and accessories $ 37,927 $ — $ 37,927 Used vehicles 469 — 469 Services and other revenue (a) 645 17 662 Revenues from sales and services 39,041 17 39,058 Leasing income 44 1,049 1,093 Financing income — 1,301 1,301 Insurance income — 22 22 Total revenues $ 39,085 $ 2,389 $ 41,474 First Quarter 2024 Company excluding Ford Credit Consolidated Vehicles, parts, and accessories $ 38,645 $ — $ 38,645 Used vehicles 510 — 510 Services and other revenue (a) 688 20 708 Revenues from sales and services 39,843 20 39,863 Leasing income 47 1,017 1,064 Financing income — 1,819 1,819 Insurance income — 31 31 Total revenues $ 39,890 $ 2,887 $ 42,777 __________ (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 expectations 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 impact these estimates. As a result of changes in our estimate of variable consideration (e.g., marketing incentives), we recorded a decrease related to revenue recognized in prior periods of $178 million and $707 million in the first quarter of 2023 and 2024, respectively. We had a balance of $4.8 billion and $4.9 billion of unearned revenue associated primarily with outstanding extended service contracts reported in Other liabilities and deferred revenue at December 31, 2023 and March 31, 2024, respectively . We expect to recognize approximately $1.2 billion of the unearned amount in the remainder of 2024, $1.3 billion in 2025, and $2.4 billion thereafter. We recognized $380 million and $431 million of unearned amounts from prior years as revenue during the first quarter of 2023 and 2024, respectively. Amounts paid to dealers to obtain extended service contracts are deferred and recorded as Other assets . We had a balance of $317 million and $321 million in deferred costs as of December 31, 2023 and March 31, 2024, respectively. We recognized $26 million of amortization during both the first quarter of 2023 and 2024.

Other Income_(Loss) (Notes)

Other Income/(Loss) (Notes)	3 Months Ended
Other Income/(Loss) (Notes)	Mar. 31, 2024
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 2023 2024 Net periodic pension and OPEB income/(cost), excluding service cost (Note 11) $ (165) $ (24) Investment-related interest income 348 410 Interest income/(expense) on income taxes (4) (14) Realized and unrealized gains/(losses) on cash equivalents, marketable securities, and other investments (51) (29) Gains/(Losses) on changes in investments in affiliates 4 7 Royalty income 103 124 Other (11) 24 Total $ 224 $ 498

Income Taxes (Notes)

Income Taxes (Notes)	3 Months Ended
Income Taxes (Notes)	Mar. 31, 2024
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.

Capital Stock and Earnings Per

Capital Stock and Earnings Per Share (Notes)	3 Months Ended
Capital Stock and Earnings Per Share (Notes)	Mar. 31, 2024
Earnings Per Share [Abstract]
CAPITAL STOCK AND EARNINGS 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 2023 2024 Net income/(loss) attributable to Ford Motor Company $ 1,757 $ 1,332 Basic and Diluted Shares Basic shares (average shares outstanding) 3,990 3,979 Net dilutive options, unvested restricted stock units, unvested restricted stock shares, and convertible debt 39 44 Diluted shares 4,029 4,023

Cash, Cash Equivalents, and Mar

Cash, Cash Equivalents, and Marketable Securities (Notes)	3 Months Ended
Cash, Cash Equivalents, and Marketable Securities (Notes)	Mar. 31, 2024
Cash, Cash Equivalents, and Marketable Securities [Abstract]
Cash, Cash Equivalents, and Marketable Securities [Text Block]	CASH, CASH EQUIVALENTS, AND MARKETABLE SECURITIES The fair values of cash, cash equivalents, and marketable securities measured at fair value on a recurring basis were as follows (in millions): December 31, 2023 Fair Value Level Company excluding Ford Credit Ford Credit Consolidated Cash and cash equivalents U.S. government 1 $ 2,320 $ 912 $ 3,232 U.S. government agencies 2 2,075 625 2,700 Non-U.S. government and agencies 2 699 276 975 Corporate debt 2 1,617 101 1,718 Total marketable securities classified as cash equivalents 6,711 1,914 8,625 Cash, time deposits, and money market funds 7,493 8,744 16,237 Total cash and cash equivalents $ 14,204 $ 10,658 $ 24,862 Marketable securities U.S. government 1 $ 4,467 $ 207 $ 4,674 U.S. government agencies 2 1,774 49 1,823 Non-U.S. government and agencies 2 2,096 109 2,205 Corporate debt 2 5,807 268 6,075 Equities 1 23 — 23 Other marketable securities 2 353 156 509 Total marketable securities $ 14,520 $ 789 $ 15,309 Restricted cash $ 111 $ 137 $ 248 Cash, cash equivalents, and restricted cash - held for sale $ — $ — $ — March 31, 2024 Fair Value Level Company excluding Ford Credit Ford Credit Consolidated Cash and cash equivalents U.S. government 1 $ 997 $ 86 $ 1,083 U.S. government agencies 2 2,019 — 2,019 Non-U.S. government and agencies 2 699 277 976 Corporate debt 2 — — — Total marketable securities classified as cash equivalents 3,715 363 4,078 Cash, time deposits, and money market funds 7,158 8,485 15,643 Total cash and cash equivalents $ 10,873 $ 8,848 $ 19,721 Marketable securities U.S. government 1 $ 4,085 $ 219 $ 4,304 U.S. government agencies 2 1,850 — 1,850 Non-U.S. government and agencies 2 2,342 83 2,425 Corporate debt 2 5,288 261 5,549 Equities 1 25 — 25 Other marketable securities 2 438 151 589 Total marketable securities $ 14,028 $ 714 $ 14,742 Restricted cash $ 112 $ 102 $ 214 Cash, cash equivalents, and restricted cash - held for sale (Note 15) $ 51 $ — $ 51 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, 2023 Fair Value of Securities with Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Within 1 Year After 1 Year through After 5 Years Company excluding Ford Credit U.S. government $ 4,458 $ 6 $ (66) $ 4,398 $ 2,172 $ 2,216 $ 10 U.S. government agencies 2,053 4 (62) 1,995 490 1,487 18 Non-U.S. government and agencies 1,948 1 (75) 1,874 587 1,275 12 Corporate debt 7,433 27 (67) 7,393 2,830 4,558 5 Other marketable securities 322 2 (4) 320 — 247 73 Total $ 16,214 $ 40 $ (274) $ 15,980 $ 6,079 $ 9,783 $ 118 March 31, 2024 Fair Value of Securities with Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Within 1 Year After 1 Year through After 5 Years Company excluding Ford Credit U.S. government $ 4,076 $ — $ (64) $ 4,012 $ 1,931 $ 2,071 $ 10 U.S. government agencies 1,973 — (63) 1,910 425 1,467 18 Non-U.S. government and agencies 1,982 — (71) 1,911 626 1,273 12 Corporate debt 5,304 15 (59) 5,260 698 4,554 8 Other marketable securities 408 2 (3) 407 — 297 110 Total $ 13,743 $ 17 $ (260) $ 13,500 $ 3,680 $ 9,662 $ 158 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 2023 2024 Company excluding Ford Credit Sales proceeds $ 1,163 $ 3,719 Gross realized gains 1 2 Gross realized losses 12 8 NOTE 7. CASH, CASH EQUIVALENTS, AND MARKETABLE SECURITIES (Continued) The present fair values and gross unrealized losses for cash equivalents and marketable securities accounted for as AFS securities that were in an unrealized loss position, aggregated by investment category and the length of time that individual securities have been in a continuous loss position, were as follows (in millions): December 31, 2023 Less than 1 Year 1 Year or Greater Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Company excluding Ford Credit U.S. government $ 619 $ (2) $ 2,735 $ (64) $ 3,354 $ (66) U.S. government agencies 283 (1) 1,068 (61) 1,351 (62) Non-U.S. government and agencies 67 — 1,654 (75) 1,721 (75) Corporate debt 2,608 (2) 2,192 (65) 4,800 (67) Other marketable securities 26 — 122 (4) 148 (4) Total $ 3,603 $ (5) $ 7,771 $ (269) $ 11,374 $ (274) March 31, 2024 Less than 1 Year 1 Year or Greater Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Company excluding Ford Credit U.S. government $ 1,683 $ (13) $ 2,259 $ (51) $ 3,942 $ (64) U.S. government agencies 829 (4) 1,002 (59) 1,831 (63) Non-U.S. government and agencies 343 (3) 1,527 (68) 1,870 (71) Corporate debt 1,653 (7) 1,780 (52) 3,433 (59) Other marketable securities 85 — 115 (3) 200 (3) Total $ 4,593 $ (27) $ 6,683 $ (233) $ 11,276 $ (260) We determine credit losses on AFS debt securities using the specific identification method. During the first quarter of 2024, we did not recognize any credit loss. The 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 in the consolidated statements of cash flows, were as follows (in millions): December 31, March 31, Cash and cash equivalents $ 24,862 $ 19,721 Restricted cash (a) 248 214 Cash, cash equivalents, and restricted cash - held for sale (Note 15) — 51 Total cash, cash equivalents, and restricted cash $ 25,110 $ 19,986 __________ (a) Included in Other assets in the non-current assets section of our consolidated balance sheets.

Ford Credit Finance Receivables

Ford Credit Finance Receivables and Allowance for Credit Losses (Notes)	3 Months Ended
	Mar. 31, 2024
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, March 31, Consumer Retail installment contracts, gross $ 73,825 $ 75,787 Finance leases, gross 7,793 7,999 Retail financing, gross 81,618 83,786 Unearned interest supplements (3,344) (3,868) Consumer finance receivables 78,274 79,918 Non-Consumer Dealer financing 24,683 22,547 Non-Consumer finance receivables 24,683 22,547 Total recorded investment $ 102,957 $ 102,465 Recorded investment in finance receivables $ 102,957 $ 102,465 Allowance for credit losses (882) (880) Total finance receivables, net $ 102,075 $ 101,585 Current portion $ 46,425 $ 44,600 Non-current portion 55,650 56,985 Total finance receivables, net $ 102,075 $ 101,585 Net finance receivables subject to fair value (a) $ 94,728 $ 94,062 Fair value (b) 93,189 92,715 __________ (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 2023 and 2024 was $83 million and $117 million, respectively, and is included in Ford Credit revenues on our consolidated income statements. At December 31, 2023 and March 31, 2024, accrued interest was $294 million and $287 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, 2023 and March 31, 2024, were consumer receivables of $46.0 billion and $45.0 billion, respectively, and non-consumer receivables of $21.3 billion and $22.0 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 Ford Credit’s aging analysis. Consumer receivables credit quality ratings are as follows: • Pass – current to 60 days past due; • Special Mention – 61 to 120 days past due and in intensified collection status; and • Substandard – greater than 120 days past due and for which the uncollectible portion of the receivables has already been charged off, as measured using the fair value of collateral less costs to sell. The credit quality analysis of consumer receivables at December 31, 2023 was as follows (in millions): Amortized Cost Basis by Origination Year Prior to 2019 2019 2020 2021 2022 2023 Total Percent Consumer 31 - 60 days past due $ 40 $ 49 $ 130 $ 125 $ 187 $ 159 $ 690 0.9 % 61 - 120 days past due 9 11 30 37 58 50 195 0.2 Greater than 120 days past due 7 4 7 10 10 5 43 0.1 Total past due 56 64 167 172 255 214 928 1.2 Current 891 2,359 7,385 11,301 20,247 35,163 77,346 98.8 Total $ 947 $ 2,423 $ 7,552 $ 11,473 $ 20,502 $ 35,377 $ 78,274 100.0 % Gross charge-offs $ 47 $ 40 $ 75 $ 85 $ 117 $ 37 $ 401 The credit quality analysis of consumer receivables at March 31, 2024 was as follows (in millions): Amortized Cost Basis by Origination Year Prior to 2020 2020 2021 2022 2023 2024 Total Percent Consumer 31 - 60 days past due $ 63 $ 98 $ 103 $ 164 $ 172 $ 12 $ 612 0.8 % 61 - 120 days past due 13 21 27 46 54 2 163 0.2 Greater than 120 days past due 10 8 9 14 8 — 49 — Total past due 86 127 139 224 234 14 824 1.0 Current 2,392 6,115 9,670 18,171 32,575 10,171 79,094 99.0 Total $ 2,478 $ 6,242 $ 9,809 $ 18,395 $ 32,809 $ 10,185 $ 79,918 100.0 % Gross charge-offs $ 15 $ 17 $ 22 $ 39 $ 36 $ — $ 129 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; and • Group IV – poor financial metrics, including dealers classified as uncollectible. NOTE 8. FORD CREDIT FINANCE RECEIVABLES AND ALLOWANCE FOR CREDIT LOSSES (Continued) The credit quality analysis of dealer financing receivables at December 31, 2023 was as follows (in millions): Amortized Cost Basis by Origination Year Wholesale Loans Dealer Loans Prior to 2019 2019 2020 2021 2022 2023 Total Total Percent Group I $ 383 $ 30 $ 58 $ 156 $ 61 $ 331 $ 1,019 $ 20,419 $ 21,438 86.9 % Group II 16 — 1 3 2 44 66 2,834 2,900 11.7 Group III — — — — 1 8 9 292 301 1.2 Group IV — 1 — — — 2 3 41 44 0.2 Total (a) $ 399 $ 31 $ 59 $ 159 $ 64 $ 385 $ 1,097 $ 23,586 $ 24,683 100.0 % Gross charge-offs $ — $ — $ — $ — $ — $ 1 $ 1 $ 3 $ 4 __________ (a) Total past due dealer financing receivables at December 31, 2023 were $33 million. The credit quality analysis of dealer financing receivables at March 31, 2024 was as follows (in millions): Amortized Cost Basis by Origination Year Wholesale Loans Dealer Loans Prior to 2020 2020 2021 2022 2023 2024 Total Total Percent Group I $ 299 $ 60 $ 111 $ 61 $ 268 $ 133 $ 932 $ 18,425 $ 19,357 85.9 % Group II 16 — 4 2 4 26 52 2,859 2,911 12.9 Group III — — — — — 7 7 240 247 1.1 Group IV 1 — — — 1 — 2 30 32 0.1 Total (a) $ 316 $ 60 $ 115 $ 63 $ 273 $ 166 $ 993 $ 21,554 $ 22,547 100.0 % Gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — __________ (a) Total past due dealer financing receivables at March 31, 2024 were $19 million. Non-Accrual of Revenue. The accrual of financing revenue is discontinued at the time a receivable is determined to be uncollectible or when it is 90 days past due. Accounts may be restored to accrual status only when a customer settles all past-due deficiency balances and future payments are reasonably assured. For receivables in non-accrual status, subsequent financing revenue is recognized only to the extent a payment is received. Payments are generally applied first to outstanding interest and then to the unpaid principal balance. Loan Modifications. Consumer and non-consumer receivables that have a modified interest rate and/or a term extension (including receivables that were modified in reorganization proceedings pursuant to the U.S. Bankruptcy Code) are typically considered to be loan modifications. Ford Credit does not grant modifications to the principal balance of the receivables. If a receivable is modified in a reorganization proceeding, all payment requirements of the reorganization plan need to be met before remaining balances are forgiven. The use of interest rate modifications and term extensions helps Ford Credit mitigate financial loss. Term extensions may assist in cases where Ford Credit believes the customer will recover from short-term financial difficulty and resume regularly scheduled payments. The effect of most loan modifications made to borrowers experiencing financial difficulty is included in the historical trends used to measure the allowance for credit losses. A loan modification that improves the delinquency status of a borrower reduces the probability of default, which results in a lower allowance for credit losses. At March 31, 2024, an insignificant portion of Ford Credit's total finance receivables portfolio had been granted a loan modification, and these modifications are generally treated as a continuation of the existing loan. NOTE 8. FORD CREDIT FINANCE RECEIVABLES AND ALLOWANCE FOR CREDIT LOSSES (Continued) 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. 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 2023 Consumer Non-Consumer Total Allowance for credit losses Beginning balance $ 838 $ 7 $ 845 Charge-offs (96) — (96) Recoveries 38 1 39 Provision for credit losses 78 (1) 77 Other (a) 5 — 5 Ending balance $ 863 $ 7 $ 870 First Quarter 2024 Consumer Non-Consumer Total Allowance for credit losses Beginning balance $ 879 $ 3 $ 882 Charge-offs (129) — (129) Recoveries 39 3 42 Provision for credit losses 91 (3) 88 Other (a) (3) — (3) Ending balance $ 877 $ 3 $ 880 __________ (a) Primarily represents amounts related to translation adjustments. During the first quarter of 2024, the allowance for credit losses decreased $2 million, driven by the impact of improvement in the U.S. macroeconomic outlook assumptions, offset partially by an increase in Ford Credit finance receivables. Net charge-offs increased from a year ago, reflecting continuing normalization from lower levels following the COVID-19 pandemic. While credit performance has remained strong, high inflationary pressure and high interest rates have caused economic uncertainty, which is expected to have an unfavorable impact on future consumer credit losses. Ford Credit will continue to monitor economic trends and conditions and portfolio performance and will adjust the reserve accordingly.

Inventories (Notes)

Inventories (Notes)	3 Months Ended
Inventories (Notes)	Mar. 31, 2024
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES Inventories were as follows (in millions): December 31, March 31, Raw materials, work-in-process, and supplies $ 6,196 $ 6,234 Finished products 9,455 12,398 Total inventories $ 15,651 $ 18,632 Our finished product inventory at March 31, 2024 was higher than at December 31, 2023 primarily reflecting new vehicle launches and units awaiting final quality review.

Other Liabilities and Deferred

Other Liabilities and Deferred Revenue (Notes)	3 Months Ended
Other Liabilities and Deferred Revenue (Notes)	Mar. 31, 2024
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, March 31, Current Dealer and dealers’ customer allowances and claims $ 12,910 $ 12,603 Deferred revenue 2,515 2,868 Employee benefit plans 2,282 2,245 Accrued interest 1,224 1,285 Operating lease liabilities 481 498 OPEB (a) 331 330 Pension (a) 205 204 Other (b) 5,922 5,999 Total current other liabilities and deferred revenue $ 25,870 $ 26,032 Non-current Dealer and dealers’ customer allowances and claims $ 7,506 $ 7,489 Pension (a) 6,383 5,728 OPEB (a) 4,365 4,281 Deferred revenue 5,051 4,898 Operating lease liabilities 1,395 1,510 Employee benefit plans 837 1,021 Other (b) 2,877 2,797 Total non-current other liabilities and deferred revenue $ 28,414 $ 27,724 __________ (a) Balances at March 31, 2024 reflect pension and OPEB liabilities at December 31, 2023, 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. The discount rate and rate of expected return assumptions are unchanged from year-end 2023. Included in Other assets are pension assets of $4.3 billion at both December 31, 2023 and March 31, 2024. (b) Includes current derivative liabilities of $1.0 billion and $1.2 billion at December 31, 2023 and March 31, 2024, respectively. Includes non-current derivative liabilities of $1.3 billion and $1.0 billion at December 31, 2023 and March 31, 2024, respectively (see Note 13).

Retirement Benefits (Notes)

Retirement Benefits (Notes)	3 Months Ended
Retirement Benefits (Notes)	Mar. 31, 2024
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 2023 2024 Pension Benefits OPEB Pension Benefits OPEB U.S. Plans Non-U.S. Plans Worldwide U.S. Plans Non-U.S. Plans Worldwide Service cost $ 72 $ 61 $ 5 $ 73 $ 63 $ 6 Interest cost 408 237 58 400 235 57 Expected return on assets (486) (219) — (455) (255) — Amortization of prior service costs/(credits) — 5 1 23 6 2 Net remeasurement (gain)/loss 113 — — — (11) — Separation programs/other 2 4 — 8 14 — Settlements and curtailments 42 — — — — — Net periodic benefit cost/(income) $ 151 $ 88 $ 64 $ 49 $ 52 $ 65 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

Debt (Notes)

Debt (Notes)	3 Months Ended
Debt (Notes)	Mar. 31, 2024
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, March 31, Company excluding Ford Credit Debt payable within one year Short-term $ 362 $ 579 Long-term payable within one year Other debt (including finance leases) 117 150 Unamortized (discount)/premium (2) (2) Total debt payable within one year 477 727 Long-term debt payable after one year Public unsecured debt securities 14,935 14,935 Convertible notes (a) 2,300 2,300 U.K. Export Finance Program 1,749 1,735 Other debt (including finance leases) 811 775 Unamortized (discount)/premium (155) (147) Unamortized issuance costs (173) (168) Total long-term debt payable after one year 19,467 19,430 Total Company excluding Ford Credit $ 19,944 $ 20,157 Fair value of Company debt excluding Ford Credit (b) $ 19,775 $ 20,125 Ford Credit Debt payable within one year Short-term $ 18,658 $ 17,141 Long-term payable within one year Unsecured debt 11,755 10,917 Asset-backed debt 18,851 21,120 Unamortized (discount)/premium (1) (1) Unamortized issuance costs (13) (18) Fair value adjustments (c) (58) (96) Total debt payable within one year 49,192 49,063 Long-term debt payable after one year Unsecured debt 45,435 49,842 Asset-backed debt 36,074 31,910 Unamortized (discount)/premium 10 1 Unamortized issuance costs (224) (236) Fair value adjustments (c) (1,200) (1,322) Total long-term debt payable after one year 80,095 80,195 Total Ford Credit $ 129,287 $ 129,258 Fair value of Ford Credit debt (b) $ 130,533 $ 130,954 __________ (a) As of March 31, 2024, each $1,000 principal amount of the notes will be convertible into 67.352 shares of our Common Stock, which is equivalent to a conversion price of approximately $14.85 per share. We recognized issuance cost amortization of $2 million during both the first quarter of 2023 and 2024. (b) At December 31, 2023 and March 31, 2024, the fair value of debt includes $362 million and $579 million of Company excluding Ford Credit short-term debt, respectively, and $15.5 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. (c) These adjustments are related to hedging activity and include discontinued hedging relationship adjustments of $(681) million and $(607) million at December 31, 2023 and March 31, 2024, respectively. The carrying value of hedged debt was $38.7 billion and $40.3 billion at December 31, 2023 and March 31, 2024, respectively.

Derivative Financial Instrument

Derivative Financial Instruments and Hedging Activities (Notes)	3 Months Ended
	Mar. 31, 2024
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 highly effective derivative contracts. We have elected to apply hedge accounting to certain derivatives. 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 2023 2024 Reclassified from AOCI to Cost of sales Foreign currency exchange contracts (a) $ 26 $ 14 Commodity contracts (b) (9) (26) Fair value hedges Interest rate contracts Net interest settlements and accruals on hedging instruments (140) (96) Fair value changes on hedging instruments 250 (243) Fair value changes on hedged debt (279) 220 Cross-currency interest rate swap contracts Net interest settlements and accruals on hedging instruments (14) (29) Fair value changes on hedging instruments 22 (64) Fair value changes on hedged debt (19) 62 Derivatives not designated as hedging instruments Foreign currency exchange contracts (c) (3) 69 Cross-currency interest rate swap contracts 85 (166) Interest rate contracts (12) 48 Commodity contracts (11) (20) Total $ (104) $ (231) __________ (a) For the first quarter of 2023 and 2024, a $63 million loss and a $288 million gain, respectively, were reported in Other comprehensive income/(loss), net of tax . (b) For the first quarter of 2023 and 2024, an $8 million gain and a $32 million loss, respectively, were reported in Other comprehensive income/(loss), net of tax . (c) For the first quarter of 2023 and 2024, a $19 million gain and a $23 million loss, respectively, were reported in Cost of sales , and a $22 million loss and a $92 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, 2023 March 31, 2024 Notional Fair Value of Fair Value of Notional Fair Value of Fair Value of Cash flow hedges Foreign currency exchange contracts $ 19,530 $ 69 $ 385 $ 18,444 $ 115 $ 165 Commodity contracts 983 23 36 975 15 35 Fair value hedges Interest rate contracts 12,119 106 633 16,307 84 769 Cross-currency interest rate swap contracts 2,078 69 104 3,155 41 115 Derivatives not designated as hedging instruments Foreign currency exchange contracts 22,802 201 261 22,681 138 122 Cross-currency interest rate swap contracts 7,100 119 252 6,529 99 291 Interest rate contracts 73,134 465 1,036 73,109 489 928 Commodity contracts 1,051 35 31 1,022 21 29 Total derivative financial instruments, gross (a) (b) $ 138,797 $ 1,087 $ 2,738 $ 142,222 $ 1,002 $ 2,454 Current portion $ 493 $ 1,464 $ 569 $ 1,442 Non-current portion 594 1,274 433 1,012 Total derivative financial instruments, gross $ 1,087 $ 2,738 $ 1,002 $ 2,454 __________ (a) At December 31, 2023 and March 31, 2024, we held collateral of $40 million and $33 million, respectively, and we posted collateral of $185 million and $108 million, respectively. (b)

Employee Separation Actions and

Employee Separation Actions and Exit and Disposal Activities (Notes)	3 Months Ended
	Mar. 31, 2024
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Activities Disclosure [Text Block]	EMPLOYEE SEPARATION ACTIONS AND EXIT AND DISPOSAL ACTIVITIES We generally record costs associated with voluntary separations at the time of employee acceptance. We 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 . Below are actions that have been initiated: • Brazil. Exited manufacturing operations in 2021 resulting in the closure of facilities in Camaçari, Taubaté, and Troller. Sales of the Taubaté and Camaçari plants were completed in 2023 • India. Ceased vehicle manufacturing in Sanand in the fourth quarter of 2021 and ceased manufacturing in Chennai in the third quarter of 2022. A sale of the Sanand vehicle assembly and powertrain plants was completed in the first quarter of 2023 (see Note 15) • Spain. Ceased production of the Mondeo at the Valencia plant in the first quarter of 2022 • China. Ceased development of certain product programs • Germany. Production of the Focus will cease at our Saarlouis Body and Assembly Plant in 2025. Our plan is to repurpose the facility into a technology center, retaining 1,000 positions. In addition, we are continuing to reduce our global workforce and take other restructuring actions, including voluntary separation packages offered to our hourly workforce in the first quarter of 2024 as agreed to in our collective bargaining agreements in North America, and the separation of salaried workers, primarily in Europe, as announced in the first quarter of 2023. The following table summarizes the activities for the periods ended March 31, which are recorded in Other liabilities and deferred revenue (in millions): First Quarter 2023 2024 Beginning balance $ 588 $ 1,086 Changes in accruals (a) 629 594 Payments (83) (188) Foreign currency translation and other (8) (26) Ending balance $ 1,126 $ 1,466 __________ (a) Excludes pension costs of $4 million and $14 million in the first quarter of 2023 and 2024, respectively. We recorded $48 million in the first quarter of 2023 for accelerated depreciation and other non-cash items. We recorded costs of $681 million and $608 million in the first quarter of 2023 and 2024, respectively, related to the actions above. We estimate that we will incur about $1 billion in total charges in 2024 related to such actions, primarily attributable to employee separations and supplier settlements; 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 when considering the capital allocation required for those businesses.

Acquisitions and Divestitures (

Acquisitions and Divestitures (Notes)	3 Months Ended
Acquisitions and Divestitures (Notes)	Mar. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	ACQUISITIONS AND DIVESTITURES Company Excluding Ford Credit Ford Sales and Service Korea Company (“FSSK”). In the first quarter of 2024, we entered into an agreement to sell 100% of our equity interest in FSSK. Accordingly, as of March 31, 2024, we reported $72 million of held-for-sale assets, including $51 million of cash, and $49 million of held-for-sale liabilities in Other assets and Other liabilities, respectively. We determined the assets held for sale were not impaired. Auto Motive Power (“AMP”). On November 1, 2023, we acquired AMP, a California-based energy management startup focused on electric vehicle charging solutions. Assets acquired primarily include goodwill and technology, which are reported in Other assets. The acquisition did not have a material impact on our financial statements. Sanand, India (“Sanand”) Plants. On January 10, 2023, we completed the sale of our Sanand vehicle assembly and powertrain plants to Tata Passenger Electric Mobility Limited, a subsidiary of Tata Motors Limited. Ford continues to operate the powertrain facility by leasing back the associated land and building. As a result of the sale transaction, we derecognized the fixed assets and recognized the powertrain facility operating lease right-of-use asset and related lease liability in the first quarter of 2023. The fair value of the cash consideration received approximated the carrying value of the fixed assets at the time of sale.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income/(Loss) (Notes)	3 Months Ended
Accumulated Other Comprehensive Income/(Loss) (Notes)	Mar. 31, 2024
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 2023 2024 Foreign currency translation Beginning balance $ (6,416) $ (5,443) Gains/(Losses) on foreign currency translation 485 (118) Less: Tax/(Tax benefit) (a) (10) (4) Net gains/(losses) on foreign currency translation 495 (114) (Gains)/Losses reclassified from AOCI to net income (b) (2) — Other comprehensive income/(loss), net of tax 493 (114) Ending balance $ (5,923) $ (5,557) Marketable securities Beginning balance $ (442) $ (170) Gains/(Losses) on available for sale securities 135 (15) Less: Tax/(Tax benefit) 33 (2) Net gains/(losses) on available for sale securities 102 (13) (Gains)/Losses reclassified from AOCI to net income 11 6 Less: Tax/(Tax benefit) 3 1 Net (gains)/losses reclassified from AOCI to net income (b) 8 5 Other comprehensive income/(loss), net of tax 110 (8) Ending balance $ (332) $ (178) Derivative instruments Beginning balance $ 129 $ (331) Gains/(Losses) on derivative instruments (55) 256 Less: Tax/(Tax benefit) (14) 60 Net gains/(losses) on derivative instruments (41) 196 (Gains)/Losses reclassified from AOCI to net income (17) 12 Less: Tax/(Tax benefit) (3) 3 Net (gains)/losses reclassified from AOCI to net income (c) (14) 9 Other comprehensive income/(loss), net of tax (55) 205 Ending balance $ 74 $ (126) Pension and other postretirement benefits Beginning balance $ (2,610) $ (3,098) Amortization and recognition of prior service costs/(credits) 6 31 Less: Tax/(Tax benefit) 1 8 Net prior service costs/(credits) reclassified from AOCI to net income 5 23 Translation impact on non-U.S. plans (2) 4 Other comprehensive income/(loss), net of tax 3 27 Ending balance $ (2,607) $ (3,071) Total AOCI ending balance at March 31 $ (8,788) $ (8,932) __________ (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 losses on cash flow hedges of $6 million (see Note 13).

Variable Interest Entities (Not

Variable Interest Entities (Notes)	3 Months Ended
Variable Interest Entities (Notes)	Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entity Disclosure	VARIABLE INTEREST ENTITIES Certain of our affiliates are variable interest entities 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 $3.7 billion and $4.6 billion at December 31, 2023 and March 31, 2024, respectively. Of these amounts, guarantees of $125 million at both December 31, 2023 and March 31, 2024 related to certain obligations of our VIEs also are included in Note 18. On July 13, 2022, Ford, SK On Co., Ltd., and SK Battery America, Inc. (a wholly owned subsidiary of SK On) completed the creation of BlueOval SK, LLC (“BOSK”), a 50/50 joint venture that will build and operate electric vehicle battery plants in Tennessee and Kentucky to supply batteries to Ford and Ford affiliates. BOSK is a variable interest entity of which we are not the primary beneficiary, and we use the equity method of accounting for our investment. As of March 31, 2024, Ford has contributed to BOSK $3.9 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.

Commitments and Contingencies (

Commitments and Contingencies (Notes)	3 Months Ended
Commitments and Contingencies (Notes)	Mar. 31, 2024
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 $535 million and $515 million at December 31, 2023 and March 31, 2024, respectively. The carrying value of recorded liabilities related to financial guarantees was $59 million and $43 million at December 31, 2023 and March 31, 2024, respectively. 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 2037, 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 amount of probable 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, 2023 and March 31, 2024. 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. 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 in very large amounts, or demands for field service actions, environmental remediation programs, sanctions, loss of government incentives, assessments, or other relief, which, if granted, would require very large 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 matters, for which we estimate the aggregate risk to be a range of up to a bout $0.2 billion, a decrease of about $1.2 billion from December 31, 2023, primarily reflecting a customs matter settlement. 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. 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 2023 2024 Beginning balance $ 9,193 $ 11,504 Payments made during the period (990) (1,391) Changes in accrual related to warranties issued during the period 972 1,091 Changes in accrual related to pre-existing warranties 226 397 Foreign currency translation and other (117) (61) Ending balance $ 9,284 $ 11,540 Changes to our estimated costs are reported as changes in accrual related to pre-existing warranties in the table above. 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 $1.3 billion in the aggregate.

Segment Information (Notes)

Segment Information (Notes)	3 Months Ended
Segment Information (Notes)	Mar. 31, 2024
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION We report segment information consistent with the way our chief operating decision maker (“CODM”) 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, Ford Next, 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 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 electric vehicles (“EVs”) 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 electric 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 EV and digital vehicle technologies, as well as software development. Additionally, Ford Model e 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 Next Segment The Ford Next segment primarily includes expenses and investments for emerging business initiatives aimed at creating value for Ford in vehicle-adjacent market segments. 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 19. 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 gains and losses from our cash, cash equivalents, and marketable securities (excluding gains and losses on investments in equity 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) gains and losses on investments in equity securities, (iii) 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 (iv) other items that we do not necessarily consider to be indicative of earnings from ongoing operating activities. Our management ordinarily 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 considering the trend of ongoing operating results. NOTE 19. 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 Elements Examples Segment Reporting Costs specific to a particular vehicle Bill of material cost and initial warranty accrual Reported in the segment externally selling the vehicle Costs identifiable by product line Manufacturing and logistics costs, depreciation & amortization expense, direct research & development costs Typically identifiable to the product line or production location. Reported in the segment externally selling the vehicle, based on relative volume Shared costs Selling, general & administrative expense, and indirect/cross product line research & development costs Typically 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 transactions Contract manufacturing and distribution fees Reported 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 in the same facility, are included in Ford Blue. Vendor tooling dedicated to producing EV parts is reported in Ford Model e. There are no Ford manufacturing or vendor tooling assets reported in Ford Pro. Regardless of the segment reporting the asset, depreciation and amortization expense is reflected on the basis of production volume and 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 Blue Ford Model e Ford Pro ∘ Changan Ford Automobile Corporation, Ltd. (“CAF”) ∘ BlueOval SK, LLC ∘ Ford Otomotiv Sanayi Anonim Sirketi (“Ford Otosan”) ∘ Jiangling Motors Corporation, Ltd. (“JMC”) ∘ AutoAlliance (Thailand) Co., Ltd. (“AAT”) NOTE 19. SEGMENT INFORMATION (Continued) Key financial information for the periods ended or at March 31 was as follows (in millions): Ford Blue Ford Model e Ford Pro Ford Next Ford Credit Corporate Interest Special Items Eliminations/Adjustments Total First Quarter 2023 External revenues $ 25,124 $ 707 $ 13,249 $ 1 $ 2,389 $ 4 $ — $ — $ — $ 41,474 Intersegment revenues (a) 9,177 9 — — — — — — (9,186) — Total revenues $ 34,301 $ 716 $ 13,249 $ 1 $ 2,389 $ 4 $ — $ — $ (9,186) $ 41,474 Income/(Loss) before income taxes $ 2,623 $ (722) $ 1,366 $ (44) $ 303 $ (147) $ (308) $ (912) (b) $ — $ 2,159 Equity in net income/(loss) of affiliated companies 55 (3) 117 (12) 7 — — (34) — 130 Total assets 57,990 7,242 2,668 371 138,225 52,427 — — (2,123) (c) 256,800 First Quarter 2024 External revenues $ 21,754 $ 115 $ 18,019 $ 1 $ 2,887 $ 1 $ — $ — $ — $ 42,777 Intersegment revenues (a) 11,741 21 — — — — — — (11,762) — Total revenues $ 33,495 $ 136 $ 18,019 $ 1 $ 2,887 $ 1 $ — $ — $ (11,762) $ 42,777 Income/(loss) before income taxes $ 905 $ (1,320) $ 3,008 $ (9) $ 326 $ (147) $ (278) $ (873) (d) $ — $ 1,612 Equity in net income/(loss) of affiliated companies 62 (19) 117 (1) 8 — — — — 167 Total assets 61,372 14,996 3,659 177 148,901 48,613 — — (3,377) (c) 274,341 __________ (a) 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. (b) Primarily reflects restructuring actions in Europe and China and mark-to-market adjustments for our global pension and OPEB plans. (c) Primarily includes eliminations of intersegment transactions occurring in the ordinary course of business. (d) Primarily reflects restructuring actions in Europe, the extended duration of the EV program changeover at Oakville, and buyouts for hourly employees in North America.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Millions	Mar. 31, 2024	Mar. 31, 2023
Pay vs Performance Disclosure
Net Income (Loss) Attributable to Parent	$ 1,332	$ 1,757

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Mar. 31, 2024
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

Presentation Presentation (Poli

Presentation Presentation (Policies)	3 Months Ended
Presentation Presentation (Policies)	Mar. 31, 2024
Accounting Policies [Abstract]
Consolidation, Subsidiaries or Other Investments, Consolidated Entities, Policy [Policy Text Block]	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 referenced 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.
Basis of Accounting, Policy [Policy Text Block]	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.

Revenue Revenue (Policies)

Revenue Revenue (Policies)	3 Months Ended
Revenue Revenue (Policies)	Mar. 31, 2024
Revenue from Contract with Customer [Abstract]
Revenue [Policy Text Block]	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 expectations 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 impact these estimates.

Income Taxes (Policies)

Income Taxes (Policies)	3 Months Ended
Income Taxes (Policies)	Mar. 31, 2024
Income Tax Disclosure [Abstract]
Income Tax, Policy [Policy Text Block]	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.

Ford Credit Finance Receivabl_2

Ford Credit Finance Receivables and Allowance for Credit Losses (Policies)	3 Months Ended
	Mar. 31, 2024
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable, Allowance for Credit Losses, Policy for Uncollectible Amounts [Policy Text Block]	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.
Financing Receivable [Policy Text Block]	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 Pension and

Retirement Benefits Pension and Other Postemployment Benefits (Policies)	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Pension and Other Postretirement Plans, Pensions, Policy [Policy Text Block]	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

Derivative Financial Instrume_2

Derivative Financial Instruments and Hedging Activities Derivative Financial Instruments and Hedging Activities (Policies)	3 Months Ended
	Mar. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives, Policy [Policy Text Block]	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 highly effective derivative contracts. We have elected to apply hedge accounting to certain derivatives. 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.

Employee Separation Actions a_2

Employee Separation Actions and Exit and Disposal Activities (Policies)	3 Months Ended
	Mar. 31, 2024
Restructuring Charges [Abstract]
Costs Associated with Exit or Disposal Activities or Restructurings, Policy [Policy Text Block]	We generally record costs associated with voluntary separations at the time of employee acceptance. We 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.

Commitments and Contingencies C

Commitments and Contingencies Commitments and Contingencies (Policies)	3 Months Ended
	Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies, Policy [Policy Text Block]	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 in very large amounts, or demands for field service actions, environmental remediation programs, sanctions, loss of government incentives, assessments, or other relief, which, if granted, would require very large 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. 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.
Guarantees, Indemnifications and Warranties Policies [Policy Text Block]	Financial Guarantees. Non-Financial Guarantees 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.

Segment Information Segment Inf

Segment Information Segment Information (Policies)	3 Months Ended
Segment Information Segment Information (Policies)	Mar. 31, 2024
Segment Reporting [Abstract]
Segment Reporting, Policy [Policy Text Block]	We report segment information consistent with the way our chief operating decision maker (“CODM”) 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, Ford Next, 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 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 electric vehicles (“EVs”) 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 electric 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 EV and digital vehicle technologies, as well as software development. Additionally, Ford Model e 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 Next Segment The Ford Next segment primarily includes expenses and investments for emerging business initiatives aimed at creating value for Ford in vehicle-adjacent market segments. 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 19. 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 gains and losses from our cash, cash equivalents, and marketable securities (excluding gains and losses on investments in equity 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) gains and losses on investments in equity securities, (iii) 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 (iv) other items that we do not necessarily consider to be indicative of earnings from ongoing operating activities. Our management ordinarily 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 considering the trend of ongoing operating results. NOTE 19. 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 Elements Examples Segment Reporting Costs specific to a particular vehicle Bill of material cost and initial warranty accrual Reported in the segment externally selling the vehicle Costs identifiable by product line Manufacturing and logistics costs, depreciation & amortization expense, direct research & development costs Typically identifiable to the product line or production location. Reported in the segment externally selling the vehicle, based on relative volume Shared costs Selling, general & administrative expense, and indirect/cross product line research & development costs Typically 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 transactions Contract manufacturing and distribution fees Reported 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 in the same facility, are included in Ford Blue. Vendor tooling dedicated to producing EV parts is reported in Ford Model e. There are no Ford manufacturing or vendor tooling assets reported in Ford Pro. Regardless of the segment reporting the asset, depreciation and amortization expense is reflected on the basis of production volume and 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 Blue Ford Model e Ford Pro ∘ Changan Ford Automobile Corporation, Ltd. (“CAF”) ∘ BlueOval SK, LLC ∘ Ford Otomotiv Sanayi Anonim Sirketi (“Ford Otosan”) ∘ Jiangling Motors Corporation, Ltd. (“JMC”) ∘ AutoAlliance (Thailand) Co., Ltd. (“AAT”)

Revenue (Tables)

Revenue (Tables)	3 Months Ended
Revenue (Tables)	Mar. 31, 2024
Revenue from Contract with Customer [Abstract]
Disaggregation Of Revenue	The following tables disaggregate our revenue by major source for the periods ended March 31 (in millions): First Quarter 2023 Company excluding Ford Credit Ford Credit Consolidated Vehicles, parts, and accessories $ 37,927 $ — $ 37,927 Used vehicles 469 — 469 Services and other revenue (a) 645 17 662 Revenues from sales and services 39,041 17 39,058 Leasing income 44 1,049 1,093 Financing income — 1,301 1,301 Insurance income — 22 22 Total revenues $ 39,085 $ 2,389 $ 41,474 First Quarter 2024 Company excluding Ford Credit Consolidated Vehicles, parts, and accessories $ 38,645 $ — $ 38,645 Used vehicles 510 — 510 Services and other revenue (a) 688 20 708 Revenues from sales and services 39,843 20 39,863 Leasing income 47 1,017 1,064 Financing income — 1,819 1,819 Insurance income — 31 31 Total revenues $ 39,890 $ 2,887 $ 42,777 __________ (a) Includes extended service contract revenue.

Other Income_(Loss) (Tables)

Other Income/(Loss) (Tables)	3 Months Ended
Other Income/(Loss) (Tables)	Mar. 31, 2024
Other Income and Expenses [Abstract]
Schedule of Other Nonoperating Income (Expense) [Table Text Block]	The amounts included in Other income/(loss), net for the periods ended March 31 were as follows (in millions): First Quarter 2023 2024 Net periodic pension and OPEB income/(cost), excluding service cost (Note 11) $ (165) $ (24) Investment-related interest income 348 410 Interest income/(expense) on income taxes (4) (14) Realized and unrealized gains/(losses) on cash equivalents, marketable securities, and other investments (51) (29) Gains/(Losses) on changes in investments in affiliates 4 7 Royalty income 103 124 Other (11) 24 Total $ 224 $ 498

Capital Stock and Earnings Pe_2

Capital Stock and Earnings Per Share (Tables)	3 Months Ended
Capital Stock and Earnings Per Share (Tables)	Mar. 31, 2024
Earnings Per Share [Abstract]
Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]	Basic and diluted earnings/(loss) per share were calculated using the following (in millions): First Quarter 2023 2024 Net income/(loss) attributable to Ford Motor Company $ 1,757 $ 1,332 Basic and Diluted Shares Basic shares (average shares outstanding) 3,990 3,979 Net dilutive options, unvested restricted stock units, unvested restricted stock shares, and convertible debt 39 44 Diluted shares 4,029 4,023

Cash, Cash Equivalents, and M_2

Cash, Cash Equivalents, and Marketable Securities (Tables)	3 Months Ended
Cash, Cash Equivalents, and Marketable Securities (Tables)	Mar. 31, 2024
Cash, Cash Equivalents, and Marketable Securities [Abstract]
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	The fair values of cash, cash equivalents, and marketable securities measured at fair value on a recurring basis were as follows (in millions): December 31, 2023 Fair Value Level Company excluding Ford Credit Ford Credit Consolidated Cash and cash equivalents U.S. government 1 $ 2,320 $ 912 $ 3,232 U.S. government agencies 2 2,075 625 2,700 Non-U.S. government and agencies 2 699 276 975 Corporate debt 2 1,617 101 1,718 Total marketable securities classified as cash equivalents 6,711 1,914 8,625 Cash, time deposits, and money market funds 7,493 8,744 16,237 Total cash and cash equivalents $ 14,204 $ 10,658 $ 24,862 Marketable securities U.S. government 1 $ 4,467 $ 207 $ 4,674 U.S. government agencies 2 1,774 49 1,823 Non-U.S. government and agencies 2 2,096 109 2,205 Corporate debt 2 5,807 268 6,075 Equities 1 23 — 23 Other marketable securities 2 353 156 509 Total marketable securities $ 14,520 $ 789 $ 15,309 Restricted cash $ 111 $ 137 $ 248 Cash, cash equivalents, and restricted cash - held for sale $ — $ — $ — March 31, 2024 Fair Value Level Company excluding Ford Credit Ford Credit Consolidated Cash and cash equivalents U.S. government 1 $ 997 $ 86 $ 1,083 U.S. government agencies 2 2,019 — 2,019 Non-U.S. government and agencies 2 699 277 976 Corporate debt 2 — — — Total marketable securities classified as cash equivalents 3,715 363 4,078 Cash, time deposits, and money market funds 7,158 8,485 15,643 Total cash and cash equivalents $ 10,873 $ 8,848 $ 19,721 Marketable securities U.S. government 1 $ 4,085 $ 219 $ 4,304 U.S. government agencies 2 1,850 — 1,850 Non-U.S. government and agencies 2 2,342 83 2,425 Corporate debt 2 5,288 261 5,549 Equities 1 25 — 25 Other marketable securities 2 438 151 589 Total marketable securities $ 14,028 $ 714 $ 14,742 Restricted cash $ 112 $ 102 $ 214 Cash, cash equivalents, and restricted cash - held for sale (Note 15) $ 51 $ — $ 51
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, 2023 Fair Value of Securities with Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Within 1 Year After 1 Year through After 5 Years Company excluding Ford Credit U.S. government $ 4,458 $ 6 $ (66) $ 4,398 $ 2,172 $ 2,216 $ 10 U.S. government agencies 2,053 4 (62) 1,995 490 1,487 18 Non-U.S. government and agencies 1,948 1 (75) 1,874 587 1,275 12 Corporate debt 7,433 27 (67) 7,393 2,830 4,558 5 Other marketable securities 322 2 (4) 320 — 247 73 Total $ 16,214 $ 40 $ (274) $ 15,980 $ 6,079 $ 9,783 $ 118 March 31, 2024 Fair Value of Securities with Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Within 1 Year After 1 Year through After 5 Years Company excluding Ford Credit U.S. government $ 4,076 $ — $ (64) $ 4,012 $ 1,931 $ 2,071 $ 10 U.S. government agencies 1,973 — (63) 1,910 425 1,467 18 Non-U.S. government and agencies 1,982 — (71) 1,911 626 1,273 12 Corporate debt 5,304 15 (59) 5,260 698 4,554 8 Other marketable securities 408 2 (3) 407 — 297 110 Total $ 13,743 $ 17 $ (260) $ 13,500 $ 3,680 $ 9,662 $ 158 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 2023 2024 Company excluding Ford Credit Sales proceeds $ 1,163 $ 3,719 Gross realized gains 1 2 Gross realized losses 12 8
Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value	The present fair values and gross unrealized losses for cash equivalents and marketable securities accounted for as AFS securities that were in an unrealized loss position, aggregated by investment category and the length of time that individual securities have been in a continuous loss position, were as follows (in millions): December 31, 2023 Less than 1 Year 1 Year or Greater Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Company excluding Ford Credit U.S. government $ 619 $ (2) $ 2,735 $ (64) $ 3,354 $ (66) U.S. government agencies 283 (1) 1,068 (61) 1,351 (62) Non-U.S. government and agencies 67 — 1,654 (75) 1,721 (75) Corporate debt 2,608 (2) 2,192 (65) 4,800 (67) Other marketable securities 26 — 122 (4) 148 (4) Total $ 3,603 $ (5) $ 7,771 $ (269) $ 11,374 $ (274) March 31, 2024 Less than 1 Year 1 Year or Greater Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Company excluding Ford Credit U.S. government $ 1,683 $ (13) $ 2,259 $ (51) $ 3,942 $ (64) U.S. government agencies 829 (4) 1,002 (59) 1,831 (63) Non-U.S. government and agencies 343 (3) 1,527 (68) 1,870 (71) Corporate debt 1,653 (7) 1,780 (52) 3,433 (59) Other marketable securities 85 — 115 (3) 200 (3) Total $ 4,593 $ (27) $ 6,683 $ (233) $ 11,276 $ (260)
Schedule Cash, Cash Equivalents, and Restricted Cash [Table Text Block]	Cash, cash equivalents, and restricted cash, as reported in the consolidated statements of cash flows, were as follows (in millions): December 31, March 31, Cash and cash equivalents $ 24,862 $ 19,721 Restricted cash (a) 248 214 Cash, cash equivalents, and restricted cash - held for sale (Note 15) — 51 Total cash, cash equivalents, and restricted cash $ 25,110 $ 19,986 __________ (a) Included in Other assets in the non-current assets section of our consolidated balance sheets.

Ford Credit Finance Receivabl_3

Ford Credit Finance Receivables (Tables)	3 Months Ended
Ford Credit Finance Receivables (Tables)	Mar. 31, 2024
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Ford Credit finance receivables, net were as follows (in millions): December 31, March 31, Consumer Retail installment contracts, gross $ 73,825 $ 75,787 Finance leases, gross 7,793 7,999 Retail financing, gross 81,618 83,786 Unearned interest supplements (3,344) (3,868) Consumer finance receivables 78,274 79,918 Non-Consumer Dealer financing 24,683 22,547 Non-Consumer finance receivables 24,683 22,547 Total recorded investment $ 102,957 $ 102,465 Recorded investment in finance receivables $ 102,957 $ 102,465 Allowance for credit losses (882) (880) Total finance receivables, net $ 102,075 $ 101,585 Current portion $ 46,425 $ 44,600 Non-current portion 55,650 56,985 Total finance receivables, net $ 102,075 $ 101,585 Net finance receivables subject to fair value (a) $ 94,728 $ 94,062 Fair value (b) 93,189 92,715 __________ (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.
Financing Receivable, Past Due	The credit quality analysis of consumer receivables at December 31, 2023 was as follows (in millions): Amortized Cost Basis by Origination Year Prior to 2019 2019 2020 2021 2022 2023 Total Percent Consumer 31 - 60 days past due $ 40 $ 49 $ 130 $ 125 $ 187 $ 159 $ 690 0.9 % 61 - 120 days past due 9 11 30 37 58 50 195 0.2 Greater than 120 days past due 7 4 7 10 10 5 43 0.1 Total past due 56 64 167 172 255 214 928 1.2 Current 891 2,359 7,385 11,301 20,247 35,163 77,346 98.8 Total $ 947 $ 2,423 $ 7,552 $ 11,473 $ 20,502 $ 35,377 $ 78,274 100.0 % Gross charge-offs $ 47 $ 40 $ 75 $ 85 $ 117 $ 37 $ 401 The credit quality analysis of consumer receivables at March 31, 2024 was as follows (in millions): Amortized Cost Basis by Origination Year Prior to 2020 2020 2021 2022 2023 2024 Total Percent Consumer 31 - 60 days past due $ 63 $ 98 $ 103 $ 164 $ 172 $ 12 $ 612 0.8 % 61 - 120 days past due 13 21 27 46 54 2 163 0.2 Greater than 120 days past due 10 8 9 14 8 — 49 — Total past due 86 127 139 224 234 14 824 1.0 Current 2,392 6,115 9,670 18,171 32,575 10,171 79,094 99.0 Total $ 2,478 $ 6,242 $ 9,809 $ 18,395 $ 32,809 $ 10,185 $ 79,918 100.0 % Gross charge-offs $ 15 $ 17 $ 22 $ 39 $ 36 $ — $ 129
Financing Receivable Credit Quality Indicators	The credit quality analysis of dealer financing receivables at December 31, 2023 was as follows (in millions): Amortized Cost Basis by Origination Year Wholesale Loans Dealer Loans Prior to 2019 2019 2020 2021 2022 2023 Total Total Percent Group I $ 383 $ 30 $ 58 $ 156 $ 61 $ 331 $ 1,019 $ 20,419 $ 21,438 86.9 % Group II 16 — 1 3 2 44 66 2,834 2,900 11.7 Group III — — — — 1 8 9 292 301 1.2 Group IV — 1 — — — 2 3 41 44 0.2 Total (a) $ 399 $ 31 $ 59 $ 159 $ 64 $ 385 $ 1,097 $ 23,586 $ 24,683 100.0 % Gross charge-offs $ — $ — $ — $ — $ — $ 1 $ 1 $ 3 $ 4 __________ (a) Total past due dealer financing receivables at December 31, 2023 were $33 million. The credit quality analysis of dealer financing receivables at March 31, 2024 was as follows (in millions): Amortized Cost Basis by Origination Year Wholesale Loans Dealer Loans Prior to 2020 2020 2021 2022 2023 2024 Total Total Percent Group I $ 299 $ 60 $ 111 $ 61 $ 268 $ 133 $ 932 $ 18,425 $ 19,357 85.9 % Group II 16 — 4 2 4 26 52 2,859 2,911 12.9 Group III — — — — — 7 7 240 247 1.1 Group IV 1 — — — 1 — 2 30 32 0.1 Total (a) $ 316 $ 60 $ 115 $ 63 $ 273 $ 166 $ 993 $ 21,554 $ 22,547 100.0 % Gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — __________ (a) Total past due dealer financing receivables at March 31, 2024 were $19 million.
Financing Receivable, Allowance for Credit Loss	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 2023 Consumer Non-Consumer Total Allowance for credit losses Beginning balance $ 838 $ 7 $ 845 Charge-offs (96) — (96) Recoveries 38 1 39 Provision for credit losses 78 (1) 77 Other (a) 5 — 5 Ending balance $ 863 $ 7 $ 870 First Quarter 2024 Consumer Non-Consumer Total Allowance for credit losses Beginning balance $ 879 $ 3 $ 882 Charge-offs (129) — (129) Recoveries 39 3 42 Provision for credit losses 91 (3) 88 Other (a) (3) — (3) Ending balance $ 877 $ 3 $ 880 __________ (a) Primarily represents amounts related to translation adjustments.

Inventories (Tables)

Inventories (Tables)	3 Months Ended
Inventories (Tables)	Mar. 31, 2024
Inventory Disclosure [Abstract]
Schedule of Inventory [Table Text Block]	Inventories were as follows (in millions): December 31, March 31, Raw materials, work-in-process, and supplies $ 6,196 $ 6,234 Finished products 9,455 12,398 Total inventories $ 15,651 $ 18,632

Other Liabilities and Deferre_2

Other Liabilities and Deferred Revenue (Tables)	3 Months Ended
Other Liabilities and Deferred Revenue (Tables)	Mar. 31, 2024
Other Liabilities [Abstract]
Schedule of Accrued Liabilities and Deferred Revenue [Table Text Block]	Other liabilities and deferred revenue were as follows (in millions): December 31, March 31, Current Dealer and dealers’ customer allowances and claims $ 12,910 $ 12,603 Deferred revenue 2,515 2,868 Employee benefit plans 2,282 2,245 Accrued interest 1,224 1,285 Operating lease liabilities 481 498 OPEB (a) 331 330 Pension (a) 205 204 Other (b) 5,922 5,999 Total current other liabilities and deferred revenue $ 25,870 $ 26,032 Non-current Dealer and dealers’ customer allowances and claims $ 7,506 $ 7,489 Pension (a) 6,383 5,728 OPEB (a) 4,365 4,281 Deferred revenue 5,051 4,898 Operating lease liabilities 1,395 1,510 Employee benefit plans 837 1,021 Other (b) 2,877 2,797 Total non-current other liabilities and deferred revenue $ 28,414 $ 27,724 __________ (a) Balances at March 31, 2024 reflect pension and OPEB liabilities at December 31, 2023, 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. The discount rate and rate of expected return assumptions are unchanged from year-end 2023. Included in Other assets are pension assets of $4.3 billion at both December 31, 2023 and March 31, 2024. (b) Includes current derivative liabilities of $1.0 billion and $1.2 billion at December 31, 2023 and March 31, 2024, respectively. Includes non-current derivative liabilities of $1.3 billion and $1.0 billion at December 31, 2023 and March 31, 2024, respectively (see Note 13).

Retirement Benefits (Tables)

Retirement Benefits (Tables)	3 Months Ended
Retirement Benefits (Tables)	Mar. 31, 2024
Retirement Benefits [Abstract]
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 2023 2024 Pension Benefits OPEB Pension Benefits OPEB U.S. Plans Non-U.S. Plans Worldwide U.S. Plans Non-U.S. Plans Worldwide Service cost $ 72 $ 61 $ 5 $ 73 $ 63 $ 6 Interest cost 408 237 58 400 235 57 Expected return on assets (486) (219) — (455) (255) — Amortization of prior service costs/(credits) — 5 1 23 6 2 Net remeasurement (gain)/loss 113 — — — (11) — Separation programs/other 2 4 — 8 14 — Settlements and curtailments 42 — — — — — Net periodic benefit cost/(income) $ 151 $ 88 $ 64 $ 49 $ 52 $ 65

Debt (Tables)

Debt (Tables)	3 Months Ended
Debt (Tables)	Mar. 31, 2024
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, March 31, Company excluding Ford Credit Debt payable within one year Short-term $ 362 $ 579 Long-term payable within one year Other debt (including finance leases) 117 150 Unamortized (discount)/premium (2) (2) Total debt payable within one year 477 727 Long-term debt payable after one year Public unsecured debt securities 14,935 14,935 Convertible notes (a) 2,300 2,300 U.K. Export Finance Program 1,749 1,735 Other debt (including finance leases) 811 775 Unamortized (discount)/premium (155) (147) Unamortized issuance costs (173) (168) Total long-term debt payable after one year 19,467 19,430 Total Company excluding Ford Credit $ 19,944 $ 20,157 Fair value of Company debt excluding Ford Credit (b) $ 19,775 $ 20,125 Ford Credit Debt payable within one year Short-term $ 18,658 $ 17,141 Long-term payable within one year Unsecured debt 11,755 10,917 Asset-backed debt 18,851 21,120 Unamortized (discount)/premium (1) (1) Unamortized issuance costs (13) (18) Fair value adjustments (c) (58) (96) Total debt payable within one year 49,192 49,063 Long-term debt payable after one year Unsecured debt 45,435 49,842 Asset-backed debt 36,074 31,910 Unamortized (discount)/premium 10 1 Unamortized issuance costs (224) (236) Fair value adjustments (c) (1,200) (1,322) Total long-term debt payable after one year 80,095 80,195 Total Ford Credit $ 129,287 $ 129,258 Fair value of Ford Credit debt (b) $ 130,533 $ 130,954 __________ (a) As of March 31, 2024, each $1,000 principal amount of the notes will be convertible into 67.352 shares of our Common Stock, which is equivalent to a conversion price of approximately $14.85 per share. We recognized issuance cost amortization of $2 million during both the first quarter of 2023 and 2024. (b) At December 31, 2023 and March 31, 2024, the fair value of debt includes $362 million and $579 million of Company excluding Ford Credit short-term debt, respectively, and $15.5 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. (c) These adjustments are related to hedging activity and include discontinued hedging relationship adjustments of $(681) million and $(607) million at December 31, 2023 and March 31, 2024, respectively. The carrying value of hedged debt was $38.7 billion and $40.3 billion at December 31, 2023 and March 31, 2024, respectively.

Derivative Financial Instrume_3

Derivative Financial Instruments and Hedging Activities (Tables)	3 Months Ended
	Mar. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Income Effect of Derivative Instruments [Table Text Block]	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 2023 2024 Reclassified from AOCI to Cost of sales Foreign currency exchange contracts (a) $ 26 $ 14 Commodity contracts (b) (9) (26) Fair value hedges Interest rate contracts Net interest settlements and accruals on hedging instruments (140) (96) Fair value changes on hedging instruments 250 (243) Fair value changes on hedged debt (279) 220 Cross-currency interest rate swap contracts Net interest settlements and accruals on hedging instruments (14) (29) Fair value changes on hedging instruments 22 (64) Fair value changes on hedged debt (19) 62 Derivatives not designated as hedging instruments Foreign currency exchange contracts (c) (3) 69 Cross-currency interest rate swap contracts 85 (166) Interest rate contracts (12) 48 Commodity contracts (11) (20) Total $ (104) $ (231) __________ (a) For the first quarter of 2023 and 2024, a $63 million loss and a $288 million gain, respectively, were reported in Other comprehensive income/(loss), net of tax . (b) For the first quarter of 2023 and 2024, an $8 million gain and a $32 million loss, respectively, were reported in Other comprehensive income/(loss), net of tax . (c) For the first quarter of 2023 and 2024, a $19 million gain and a $23 million loss, respectively, were reported in Cost of sales , and a $22 million loss and a $92 million gain, respectively, were reported in Other income/(loss), net
Balance Sheet Effect of Derivative Instruments [Table Text Block]	The fair value of our derivative instruments and the associated notional amounts were as follows (in millions): December 31, 2023 March 31, 2024 Notional Fair Value of Fair Value of Notional Fair Value of Fair Value of Cash flow hedges Foreign currency exchange contracts $ 19,530 $ 69 $ 385 $ 18,444 $ 115 $ 165 Commodity contracts 983 23 36 975 15 35 Fair value hedges Interest rate contracts 12,119 106 633 16,307 84 769 Cross-currency interest rate swap contracts 2,078 69 104 3,155 41 115 Derivatives not designated as hedging instruments Foreign currency exchange contracts 22,802 201 261 22,681 138 122 Cross-currency interest rate swap contracts 7,100 119 252 6,529 99 291 Interest rate contracts 73,134 465 1,036 73,109 489 928 Commodity contracts 1,051 35 31 1,022 21 29 Total derivative financial instruments, gross (a) (b) $ 138,797 $ 1,087 $ 2,738 $ 142,222 $ 1,002 $ 2,454 Current portion $ 493 $ 1,464 $ 569 $ 1,442 Non-current portion 594 1,274 433 1,012 Total derivative financial instruments, gross $ 1,087 $ 2,738 $ 1,002 $ 2,454 __________ (a) At December 31, 2023 and March 31, 2024, we held collateral of $40 million and $33 million, respectively, and we posted collateral of $185 million and $108 million, respectively. (b)

Employee Separation Actions a_3

Employee Separation Actions and Exit and Disposal Activities (Tables)	3 Months Ended
	Mar. 31, 2024
Restructuring Cost and Reserve [Line Items]
Schedule of Restructuring Reserve by Type of Cost	The following table summarizes the activities for the periods ended March 31, which are recorded in Other liabilities and deferred revenue (in millions): First Quarter 2023 2024 Beginning balance $ 588 $ 1,086 Changes in accruals (a) 629 594 Payments (83) (188) Foreign currency translation and other (8) (26) Ending balance $ 1,126 $ 1,466 __________ (a) Excludes pension costs of $4 million and $14 million in the first quarter of 2023 and 2024, respectively.

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income/(Loss) (Tables)	3 Months Ended
Accumulated Other Comprehensive Income/(Loss) (Tables)	Mar. 31, 2024
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	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 2023 2024 Foreign currency translation Beginning balance $ (6,416) $ (5,443) Gains/(Losses) on foreign currency translation 485 (118) Less: Tax/(Tax benefit) (a) (10) (4) Net gains/(losses) on foreign currency translation 495 (114) (Gains)/Losses reclassified from AOCI to net income (b) (2) — Other comprehensive income/(loss), net of tax 493 (114) Ending balance $ (5,923) $ (5,557) Marketable securities Beginning balance $ (442) $ (170) Gains/(Losses) on available for sale securities 135 (15) Less: Tax/(Tax benefit) 33 (2) Net gains/(losses) on available for sale securities 102 (13) (Gains)/Losses reclassified from AOCI to net income 11 6 Less: Tax/(Tax benefit) 3 1 Net (gains)/losses reclassified from AOCI to net income (b) 8 5 Other comprehensive income/(loss), net of tax 110 (8) Ending balance $ (332) $ (178) Derivative instruments Beginning balance $ 129 $ (331) Gains/(Losses) on derivative instruments (55) 256 Less: Tax/(Tax benefit) (14) 60 Net gains/(losses) on derivative instruments (41) 196 (Gains)/Losses reclassified from AOCI to net income (17) 12 Less: Tax/(Tax benefit) (3) 3 Net (gains)/losses reclassified from AOCI to net income (c) (14) 9 Other comprehensive income/(loss), net of tax (55) 205 Ending balance $ 74 $ (126) Pension and other postretirement benefits Beginning balance $ (2,610) $ (3,098) Amortization and recognition of prior service costs/(credits) 6 31 Less: Tax/(Tax benefit) 1 8 Net prior service costs/(credits) reclassified from AOCI to net income 5 23 Translation impact on non-U.S. plans (2) 4 Other comprehensive income/(loss), net of tax 3 27 Ending balance $ (2,607) $ (3,071) Total AOCI ending balance at March 31 $ (8,788) $ (8,932) __________ (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 losses on cash flow hedges of $6 million (see Note 13).

Commitments and Contingencies_2

Commitments and Contingencies (Tables)	3 Months Ended
Commitments and Contingencies (Tables)	Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Warranty [Table Text Block]	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 2023 2024 Beginning balance $ 9,193 $ 11,504 Payments made during the period (990) (1,391) Changes in accrual related to warranties issued during the period 972 1,091 Changes in accrual related to pre-existing warranties 226 397 Foreign currency translation and other (117) (61) Ending balance $ 9,284 $ 11,540

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
Segment Information (Tables)	Mar. 31, 2024
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Key financial information for the periods ended or at March 31 was as follows (in millions): Ford Blue Ford Model e Ford Pro Ford Next Ford Credit Corporate Interest Special Items Eliminations/Adjustments Total First Quarter 2023 External revenues $ 25,124 $ 707 $ 13,249 $ 1 $ 2,389 $ 4 $ — $ — $ — $ 41,474 Intersegment revenues (a) 9,177 9 — — — — — — (9,186) — Total revenues $ 34,301 $ 716 $ 13,249 $ 1 $ 2,389 $ 4 $ — $ — $ (9,186) $ 41,474 Income/(Loss) before income taxes $ 2,623 $ (722) $ 1,366 $ (44) $ 303 $ (147) $ (308) $ (912) (b) $ — $ 2,159 Equity in net income/(loss) of affiliated companies 55 (3) 117 (12) 7 — — (34) — 130 Total assets 57,990 7,242 2,668 371 138,225 52,427 — — (2,123) (c) 256,800 First Quarter 2024 External revenues $ 21,754 $ 115 $ 18,019 $ 1 $ 2,887 $ 1 $ — $ — $ — $ 42,777 Intersegment revenues (a) 11,741 21 — — — — — — (11,762) — Total revenues $ 33,495 $ 136 $ 18,019 $ 1 $ 2,887 $ 1 $ — $ — $ (11,762) $ 42,777 Income/(loss) before income taxes $ 905 $ (1,320) $ 3,008 $ (9) $ 326 $ (147) $ (278) $ (873) (d) $ — $ 1,612 Equity in net income/(loss) of affiliated companies 62 (19) 117 (1) 8 — — — — 167 Total assets 61,372 14,996 3,659 177 148,901 48,613 — — (3,377) (c) 274,341 __________ (a) 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. (b) Primarily reflects restructuring actions in Europe and China and mark-to-market adjustments for our global pension and OPEB plans. (c) Primarily includes eliminations of intersegment transactions occurring in the ordinary course of business. (d) Primarily reflects restructuring actions in Europe, the extended duration of the EV program changeover at Oakville, and buyouts for hourly employees in North America.

Revenue - Disaggregation of Rev

Revenue - Disaggregation of Revenue from Contract with Customer by Products and Services (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Disaggregation of Revenue [Line Items]
Total revenues	$ 42,777	$ 41,474
Company excluding Ford Credit
Disaggregation of Revenue [Line Items]
Total revenues	39,890	39,085
Ford Credit
Disaggregation of Revenue [Line Items]
Total revenues	2,887	2,389
Vehicles, parts, and accessories
Disaggregation of Revenue [Line Items]
Total revenues	38,645	37,927
Used vehicles
Disaggregation of Revenue [Line Items]
Total revenues	510	469
Service and Other Revenue
Disaggregation of Revenue [Line Items]
Total revenues	708	662
Revenues from sales and services
Disaggregation of Revenue [Line Items]
Total revenues	39,863	39,058
Leasing income
Disaggregation of Revenue [Line Items]
Total revenues	1,064	1,093
Financing income
Disaggregation of Revenue [Line Items]
Total revenues	1,819	1,301
Insurance income
Disaggregation of Revenue [Line Items]
Total revenues	31	22
Operating Segments \| Company excluding Ford Credit
Disaggregation of Revenue [Line Items]
Total revenues	39,890	39,085
Operating Segments \| Ford Credit
Disaggregation of Revenue [Line Items]
Total revenues	2,887	2,389
Operating Segments \| Vehicles, parts, and accessories \| Company excluding Ford Credit
Disaggregation of Revenue [Line Items]
Total revenues	38,645	37,927
Operating Segments \| Vehicles, parts, and accessories \| Ford Credit
Disaggregation of Revenue [Line Items]
Total revenues	0	0
Operating Segments \| Used vehicles \| Company excluding Ford Credit
Disaggregation of Revenue [Line Items]
Total revenues	510	469
Operating Segments \| Used vehicles \| Ford Credit
Disaggregation of Revenue [Line Items]
Total revenues	0	0
Operating Segments \| Service and Other Revenue \| Company excluding Ford Credit
Disaggregation of Revenue [Line Items]
Total revenues	688	645
Operating Segments \| Service and Other Revenue \| Ford Credit
Disaggregation of Revenue [Line Items]
Total revenues	20	17
Operating Segments \| Revenues from sales and services \| Company excluding Ford Credit
Disaggregation of Revenue [Line Items]
Total revenues	39,843	39,041
Operating Segments \| Revenues from sales and services \| Ford Credit
Disaggregation of Revenue [Line Items]
Total revenues	20	17
Operating Segments \| Leasing income \| Company excluding Ford Credit
Disaggregation of Revenue [Line Items]
Total revenues	47	44
Operating Segments \| Leasing income \| Ford Credit
Disaggregation of Revenue [Line Items]
Total revenues	1,017	1,049
Operating Segments \| Financing income \| Company excluding Ford Credit
Disaggregation of Revenue [Line Items]
Total revenues	0	0
Operating Segments \| Financing income \| Ford Credit
Disaggregation of Revenue [Line Items]
Total revenues	1,819	1,301
Operating Segments \| Insurance income \| Company excluding Ford Credit
Disaggregation of Revenue [Line Items]
Total revenues	0	0
Operating Segments \| Insurance income \| Ford Credit
Disaggregation of Revenue [Line Items]
Total revenues	$ 31	$ 22

Revenue Revenue - Narrative (De

Revenue Revenue - Narrative (Details) - Operating Segments - Company excluding Ford Credit - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Vehicles, parts, and accessories
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract with Customer, Performance Obligation Satisfied in Previous Period	$ (707)	$ (178)
Services and other revenue (a)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Amount	1,200
Contract with Customer, Liability	4,900		$ 4,800
Contract with Customer, Liability, Revenue Recognized	431	380
Capitalized Contract Cost, Net	321		$ 317
Capitalized Contract Cost, Amortization	$ 26	$ 26

Revenue Revenue - Performance O

Revenue Revenue - Performance Obligations (Details) - Company excluding Ford Credit - Operating Segments - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Services and other revenue (a)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 1,200
Services and other revenue (a) \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-04
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	9 months
Services and other revenue (a) \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 1,300
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	1 year
Services and other revenue (a) \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 2,400
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	8 years
Vehicles, parts, and accessories
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contract with Customer, Performance Obligation Satisfied in Previous Period	$ (707)	$ (178)

Other Income_(Loss) (Details)

Other Income/(Loss) (Details) - USD ($) $ in Millions	3 Months Ended
Other Income/(Loss) (Details) - USD ($) $ in Millions	Mar. 31, 2024	Mar. 31, 2023
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component	$ (24)	$ (165)
Investment-related interest income	410	348
Unrecognized Tax Benefits, Interest on Income Taxes Expense	(14)	(4)
Gain (Loss) on Investments	(29)	(51)
Gains (Losses) On Changes In Investments In Affiliates	7	4
Royalty income	124	103
Other	24	(11)
Total	$ 498	$ 224

Capital Stock and Earnings Pe_3

Capital Stock and Earnings Per Share (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Basic and Diluted Income Attributable to Ford Motor Company [Abstract]
Net income/(loss) attributable to Ford Motor Company	$ 1,332	$ 1,757
Basic and Diluted Shares [Abstract]
Basic shares (average shares outstanding)	3,979	3,990
Net dilutive options, unvested restricted stock units, unvested restricted stock shares, and convertible debt	44	39
Diluted shares	4,023	4,029

Cash, Cash Equivalents, and M_3

Cash, Cash Equivalents, and Marketable Securities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash and cash equivalents	$ 19,721		$ 24,862
Restricted cash	214		248
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Disposal Group, Including Discontinued Operations	51		0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	19,986	$ 22,359	25,110	$ 25,340
Net realized and unrealized (gains)/losses on cash equivalents, marketable securities, and other investments	29	$ 51
Operating Segments \| Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash and cash equivalents	8,848		10,658
Restricted cash	102		137
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Disposal Group, Including Discontinued Operations	0		0
Operating Segments \| Company excluding Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total cash and cash equivalents	10,873		14,204
Debt Securities, Available-for-sale	13,500		15,980
Restricted cash	112		111
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Disposal Group, Including Discontinued Operations	51		0
U.S. government \| Operating Segments \| Company excluding Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities, Available-for-sale	4,012		4,398
U.S. government agencies \| Operating Segments \| Company excluding Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities, Available-for-sale	1,910		1,995
Non-U.S. government and agencies \| Operating Segments \| Company excluding Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities, Available-for-sale	1,911		1,874
Corporate debt \| Operating Segments \| Company excluding Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities, Available-for-sale	5,260		7,393
Other marketable securities \| Operating Segments \| Company excluding Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities, Available-for-sale	407		320
Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	4,078		8,625
Cash, Cash Equivalents, and Short-term Investments	15,643		16,237
Debt Securities, Available-for-sale	14,742		15,309
Fair Value, Recurring \| Operating Segments \| Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	363		1,914
Cash, Cash Equivalents, and Short-term Investments	8,485		8,744
Debt Securities, Available-for-sale	714		789
Fair Value, Recurring \| Operating Segments \| Company excluding Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	3,715		6,711
Cash, Cash Equivalents, and Short-term Investments	7,158		7,493
Debt Securities, Available-for-sale	14,028		14,520
Fair Value, Recurring \| Level 1 [Member] \| U.S. government
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	1,083		3,232
Debt Securities, Available-for-sale	4,304		4,674
Fair Value, Recurring \| Level 1 [Member] \| U.S. government \| Operating Segments \| Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	86		912
Debt Securities, Available-for-sale	219		207
Fair Value, Recurring \| Level 1 [Member] \| U.S. government \| Operating Segments \| Company excluding Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	997		2,320
Debt Securities, Available-for-sale	4,085		4,467
Fair Value, Recurring \| Level 1 [Member] \| Equities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities, Available-for-sale	25		23
Fair Value, Recurring \| Level 1 [Member] \| Equities \| Operating Segments \| Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities, Available-for-sale	0		0
Fair Value, Recurring \| Level 1 [Member] \| Equities \| Operating Segments \| Company excluding Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities, Available-for-sale	25		23
Fair Value, Recurring \| Level 2 [Member] \| U.S. government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	2,019		2,700
Debt Securities, Available-for-sale	1,850		1,823
Fair Value, Recurring \| Level 2 [Member] \| U.S. government agencies \| Operating Segments \| Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0		625
Debt Securities, Available-for-sale	0		49
Fair Value, Recurring \| Level 2 [Member] \| U.S. government agencies \| Operating Segments \| Company excluding Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	2,019		2,075
Debt Securities, Available-for-sale	1,850		1,774
Fair Value, Recurring \| Level 2 [Member] \| Non-U.S. government and agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	976		975
Debt Securities, Available-for-sale	2,425		2,205
Fair Value, Recurring \| Level 2 [Member] \| Non-U.S. government and agencies \| Operating Segments \| Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	277		276
Debt Securities, Available-for-sale	83		109
Fair Value, Recurring \| Level 2 [Member] \| Non-U.S. government and agencies \| Operating Segments \| Company excluding Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	699		699
Debt Securities, Available-for-sale	2,342		2,096
Fair Value, Recurring \| Level 2 [Member] \| Corporate debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0		1,718
Debt Securities, Available-for-sale	5,549		6,075
Fair Value, Recurring \| Level 2 [Member] \| Corporate debt \| Operating Segments \| Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0		101
Debt Securities, Available-for-sale	261		268
Fair Value, Recurring \| Level 2 [Member] \| Corporate debt \| Operating Segments \| Company excluding Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	0		1,617
Debt Securities, Available-for-sale	5,288		5,807
Fair Value, Recurring \| Level 2 [Member] \| Other marketable securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities, Available-for-sale	589		509
Fair Value, Recurring \| Level 2 [Member] \| Other marketable securities \| Operating Segments \| Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities, Available-for-sale	151		156
Fair Value, Recurring \| Level 2 [Member] \| Other marketable securities \| Operating Segments \| Company excluding Ford Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities, Available-for-sale	$ 438		$ 353

Cash, Cash Equivalents, and M_4

Cash, Cash Equivalents, and Marketable Securities Available for Sale Securities (Details) - Operating Segments - Company excluding Ford Credit - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Debt Securities, Available-for-sale [Abstract]
Debt Securities, Available-for-sale, Amortized Cost	$ 13,743		$ 16,214
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	17		40
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(260)		(274)
Debt Securities, Available-for-sale	13,500		15,980
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Fair Value	3,680		6,079
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after One Through Five Years, Fair Value	9,662		9,783
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after Five Through Ten Years, Fair Value	158		118
Sales proceeds	3,719	$ 1,163
Gross realized gains	2	1
Gross realized losses	8	$ 12
U.S. government
Debt Securities, Available-for-sale [Abstract]
Debt Securities, Available-for-sale, Amortized Cost	4,076		4,458
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0		6
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(64)		(66)
Debt Securities, Available-for-sale	4,012		4,398
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Fair Value	1,931		2,172
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after One Through Five Years, Fair Value	2,071		2,216
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after Five Through Ten Years, Fair Value	10		10
U.S. government agencies
Debt Securities, Available-for-sale [Abstract]
Debt Securities, Available-for-sale, Amortized Cost	1,973		2,053
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0		4
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(63)		(62)
Debt Securities, Available-for-sale	1,910		1,995
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Fair Value	425		490
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after One Through Five Years, Fair Value	1,467		1,487
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after Five Through Ten Years, Fair Value	18		18
Non-U.S. government and agencies
Debt Securities, Available-for-sale [Abstract]
Debt Securities, Available-for-sale, Amortized Cost	1,982		1,948
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	0		1
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(71)		(75)
Debt Securities, Available-for-sale	1,911		1,874
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Fair Value	626		587
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after One Through Five Years, Fair Value	1,273		1,275
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after Five Through Ten Years, Fair Value	12		12
Corporate debt
Debt Securities, Available-for-sale [Abstract]
Debt Securities, Available-for-sale, Amortized Cost	5,304		7,433
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	15		27
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(59)		(67)
Debt Securities, Available-for-sale	5,260		7,393
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Fair Value	698		2,830
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after One Through Five Years, Fair Value	4,554		4,558
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after Five Through Ten Years, Fair Value	8		5
Other marketable securities
Debt Securities, Available-for-sale [Abstract]
Debt Securities, Available-for-sale, Amortized Cost	408		322
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	2		2
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax	(3)		(4)
Debt Securities, Available-for-sale	407		320
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Fair Value	0		0
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after One Through Five Years, Fair Value	297		247
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after Five Through Ten Years, Fair Value	$ 110		$ 73

Cash, Cash Equivalents, and M_5

Cash, Cash Equivalents, and Marketable Securities Debt Securities in Unrealized Loss Position (Details) - Company excluding Ford Credit - Operating Segments - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	$ 4,593	$ 3,603
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(27)	(5)
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	6,683	7,771
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(233)	(269)
Debt Securities, Available-for-sale, Unrealized Loss Position	11,276	11,374
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	(260)	(274)
U.S. government
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	1,683	619
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(13)	(2)
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	2,259	2,735
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(51)	(64)
Debt Securities, Available-for-sale, Unrealized Loss Position	3,942	3,354
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	(64)	(66)
U.S. government agencies
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	829	283
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(4)	(1)
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	1,002	1,068
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(59)	(61)
Debt Securities, Available-for-sale, Unrealized Loss Position	1,831	1,351
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	(63)	(62)
Non-U.S. government and agencies
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	343	67
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(3)	0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	1,527	1,654
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(68)	(75)
Debt Securities, Available-for-sale, Unrealized Loss Position	1,870	1,721
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	(71)	(75)
Corporate debt
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	1,653	2,608
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	(7)	(2)
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	1,780	2,192
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(52)	(65)
Debt Securities, Available-for-sale, Unrealized Loss Position	3,433	4,800
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	(59)	(67)
Other marketable securities
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months	85	26
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0	0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	115	122
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	(3)	(4)
Debt Securities, Available-for-sale, Unrealized Loss Position	200	148
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	$ (3)	$ (4)

Cash, Cash Equivalents, and M_6

Cash, Cash Equivalents, and Marketable Securities Restricted Cash (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Restricted Cash and Cash Equivalents Items [Line Items]
Cash and cash equivalents	$ 19,721	$ 24,862
Restricted cash	214	248
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Disposal Group, Including Discontinued Operations	$ 51	0
Restricted Cash, Statement of Financial Position [Extensible Enumeration]	Other assets
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations, Total	$ 19,986	$ 25,110

Ford Credit Finance Receivabl_4

Ford Credit Finance Receivables, net (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023	Dec. 31, 2022
Financing Receivables [Line Items]
Number Of Days After Which Finance Receivable Is Considered Past Due	31 days
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Current portion	$ 44,600		$ 46,425
Non-current portion	56,985		55,650
Variable Interest Entity, Primary Beneficiary
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Total finance receivables, net	56,523		56,131
Ford Credit
Financing Receivables [Line Items]
Sales-type Lease, Lease Income	117	$ 83
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Retail installment contracts, gross	102,465		102,957
Total finance receivables, net	101,585		102,075
Financing Receivable, Allowance for Credit Loss	(880)	(870)	(882)	$ (845)
Current portion	44,600		46,425
Non-current portion	56,985		55,650
Net finance receivables subject to fair value (a)	94,062		94,728
Interest Receivable	287		294
Ford Credit \| Fair Value, Inputs, Level 3 [Member] \| Fair Value, Nonrecurring [Member]
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Fair value (b)	92,715		93,189
Ford Credit \| Consumer
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Retail installment contracts, gross	79,918		78,274
Retail financing, gross	83,786		81,618
Financing Receivable, Allowance for Credit Loss	(877)	(863)	(879)	(838)
Ford Credit \| Consumer \| Variable Interest Entity, Primary Beneficiary
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Retail installment contracts, gross	45,000		46,000
Ford Credit \| Consumer \| Retail installment contracts
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Retail financing, gross	75,787		73,825
Ford Credit \| Consumer \| Retail financing
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Retail installment contracts, gross	79,918		78,274
Unearned interest supplements	(3,868)		(3,344)
Ford Credit \| Finance Leases Portfolio Segment \| Retail financing
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Finance leases, gross	7,999		7,793
Ford Credit \| Non-consumer
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Retail installment contracts, gross	22,547		24,683
Financing Receivable, Allowance for Credit Loss	(3)	$ (7)	(3)	$ (7)
Ford Credit \| Non-consumer \| Variable Interest Entity, Primary Beneficiary
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Retail installment contracts, gross	22,000		21,300
Ford Credit \| Non-consumer \| Dealer financing
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Retail installment contracts, gross	$ 22,547		$ 24,683

Ford Credit Finance Receivabl_5

Ford Credit Finance Receivables - Aging (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Pass \| Consumer \| Maximum
Financing Receivables, Aging [Line Items]
Finance Receivables Credit Quality Ratings Term Range	60 days
Special Mention \| Consumer \| Minimum
Financing Receivables, Aging [Line Items]
Finance Receivables Credit Quality Ratings Term Range	61 days
Special Mention \| Consumer \| Maximum
Financing Receivables, Aging [Line Items]
Finance Receivables Credit Quality Ratings Term Range	120 days
Substandard \| Consumer \| Minimum
Financing Receivables, Aging [Line Items]
Finance Receivables Credit Quality Ratings Term Range	120 days
Ford Credit
Financing Receivables, Aging [Line Items]
Recorded investment	$ 102,465		$ 102,957
Financing Receivable, Allowance for Credit Loss, Writeoff	$ 129	$ 96
Non-accrual of Financing Revenue	90 days
Ford Credit \| Consumer
Financing Receivables, Aging [Line Items]
Financing Receivable, Originated Five or More Years before Latest Fiscal Year	$ 2,478		947
Financing Receivable, Originated Four Years before Latest Fiscal Year	6,242		2,423
Financing Receivable, Originated Three Years before Latest Fiscal Year	9,809		7,552
Financing Receivable, Originated Two Years before Latest Fiscal Year	18,395		11,473
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year	32,809		20,502
Financing Receivable, Originated in Current Fiscal Year	10,185		35,377
Recorded investment	$ 79,918		$ 78,274
Financing Receivable, Percent of Consumer Finance Receivables	100%		100%
Financing Receivable, Originated, More Than Five Years before Current Fiscal Year, Writeoff	$ 15		$ 47
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year, Writeoff	17		40
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year, Writeoff	22		75
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year, Writeoff	39		85
Financing Receivable, Year Two, Originated, Fiscal Year Before Current Fiscal Year, Writeoff	36		117
Financing Receivable, Year One, Originated, Current Fiscal Year, Writeoff	0		37
Financing Receivable, Allowance for Credit Loss, Writeoff	129	$ 96	401
Ford Credit \| Consumer \| Financing Receivables, 31 to 60 Days Past due [Member]
Financing Receivables, Aging [Line Items]
Financing Receivable, Originated Five or More Years before Latest Fiscal Year	63		40
Financing Receivable, Originated Four Years before Latest Fiscal Year	98		49
Financing Receivable, Originated Three Years before Latest Fiscal Year	103		130
Financing Receivable, Originated Two Years before Latest Fiscal Year	164		125
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year	172		187
Financing Receivable, Originated in Current Fiscal Year	12		159
Recorded investment	$ 612		$ 690
Financing Receivable, Percent of Consumer Finance Receivables	0.80%		0.90%
Ford Credit \| Consumer \| Financing Receivables, 61 to 120 Days Past due [Member]
Financing Receivables, Aging [Line Items]
Financing Receivable, Originated Five or More Years before Latest Fiscal Year	$ 13		$ 9
Financing Receivable, Originated Four Years before Latest Fiscal Year	21		11
Financing Receivable, Originated Three Years before Latest Fiscal Year	27		30
Financing Receivable, Originated Two Years before Latest Fiscal Year	46		37
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year	54		58
Financing Receivable, Originated in Current Fiscal Year	2		50
Recorded investment	$ 163		$ 195
Financing Receivable, Percent of Consumer Finance Receivables	0.20%		0.20%
Ford Credit \| Consumer \| Financing Receivables, Greater than 120 Days Past due [Member]
Financing Receivables, Aging [Line Items]
Financing Receivable, Originated Five or More Years before Latest Fiscal Year	$ 10		$ 7
Financing Receivable, Originated Four Years before Latest Fiscal Year	8		4
Financing Receivable, Originated Three Years before Latest Fiscal Year	9		7
Financing Receivable, Originated Two Years before Latest Fiscal Year	14		10
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year	8		10
Financing Receivable, Originated in Current Fiscal Year	0		5
Recorded investment	$ 49		$ 43
Financing Receivable, Percent of Consumer Finance Receivables	0%		0.10%
Ford Credit \| Consumer \| Financial Asset, Greater than 30 Days Past Due [Member]
Financing Receivables, Aging [Line Items]
Financing Receivable, Originated Five or More Years before Latest Fiscal Year	$ 86		$ 56
Financing Receivable, Originated Four Years before Latest Fiscal Year	127		64
Financing Receivable, Originated Three Years before Latest Fiscal Year	139		167
Financing Receivable, Originated Two Years before Latest Fiscal Year	224		172
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year	234		255
Financing Receivable, Originated in Current Fiscal Year	14		214
Recorded investment	$ 824		$ 928
Financing Receivable, Percent of Consumer Finance Receivables	1%		1.20%
Ford Credit \| Consumer \| Financial Asset, 1 to 29 Days Past Due [Member]
Financing Receivables, Aging [Line Items]
Financing Receivable, Originated Five or More Years before Latest Fiscal Year	$ 2,392		$ 891
Financing Receivable, Originated Four Years before Latest Fiscal Year	6,115		2,359
Financing Receivable, Originated Three Years before Latest Fiscal Year	9,670		7,385
Financing Receivable, Originated Two Years before Latest Fiscal Year	18,171		11,301
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year	32,575		20,247
Financing Receivable, Originated in Current Fiscal Year	10,171		35,163
Recorded investment	$ 79,094		$ 77,346
Financing Receivable, Percent of Consumer Finance Receivables	99%		98.80%

Ford Credit Finance Receivabl_6

Ford Credit Finance Receivables - Credit Quality (Details) - Ford Credit - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Credit quality [Line Items]
Recorded investment	$ 102,465		$ 102,957
Non-accrual of Financing Revenue	90 days
Financing Receivable, Allowance for Credit Loss, Writeoff	$ 129	$ 96
Non-consumer
Credit quality [Line Items]
Financing Receivable, Revolving	21,554		23,586
Recorded investment	22,547		24,683
Financing Receivable, Revolving, Writeoff	0		3
Financing Receivable, Allowance for Credit Loss, Writeoff	0	$ 0
Non-consumer \| Group I
Credit quality [Line Items]
Financing Receivable, Revolving	18,425		20,419
Non-consumer \| Group II
Credit quality [Line Items]
Financing Receivable, Revolving	2,859		2,834
Non-consumer \| Group III
Credit quality [Line Items]
Financing Receivable, Revolving	240		292
Non-consumer \| Group IV
Credit quality [Line Items]
Financing Receivable, Revolving	30		41
Non-consumer \| Dealer Loans
Credit quality [Line Items]
Financing Receivable, Originated Five or More Years before Latest Fiscal Year	316		399
Financing Receivable, Originated Four Years before Latest Fiscal Year	60		31
Financing Receivable, Originated Three Years before Latest Fiscal Year	115		59
Financing Receivable, Originated Two Years before Latest Fiscal Year	63		159
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year	273		64
Financing Receivable, Originated in Current Fiscal Year	166		385
Recorded investment	993		1,097
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		0
Financing Receivable, Year Two, Originated, Fiscal Year Before Current Fiscal Year, Writeoff	0		0
Financing Receivable, Year One, Originated, Current Fiscal Year, Writeoff	0		1
Financing Receivable, Allowance for Credit Loss, Writeoff	0		1
Non-consumer \| Dealer Loans \| Group I
Credit quality [Line Items]
Financing Receivable, Originated Five or More Years before Latest Fiscal Year	299		383
Financing Receivable, Originated Four Years before Latest Fiscal Year	60		30
Financing Receivable, Originated Three Years before Latest Fiscal Year	111		58
Financing Receivable, Originated Two Years before Latest Fiscal Year	61		156
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year	268		61
Financing Receivable, Originated in Current Fiscal Year	133		331
Recorded investment	932		1,019
Non-consumer \| Dealer Loans \| Group II
Credit quality [Line Items]
Financing Receivable, Originated Five or More Years before Latest Fiscal Year	16		16
Financing Receivable, Originated Four Years before Latest Fiscal Year	0		0
Financing Receivable, Originated Three Years before Latest Fiscal Year	4		1
Financing Receivable, Originated Two Years before Latest Fiscal Year	2		3
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year	4		2
Financing Receivable, Originated in Current Fiscal Year	26		44
Recorded investment	52		66
Non-consumer \| Dealer Loans \| Group III
Credit quality [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	0		1
Financing Receivable, Originated in Current Fiscal Year	7		8
Recorded investment	7		9
Non-consumer \| Dealer Loans \| Group IV
Credit quality [Line Items]
Financing Receivable, Originated Five or More Years before Latest Fiscal Year	1		0
Financing Receivable, Originated Four Years before Latest Fiscal Year	0		1
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	2		3
Non-consumer \| Wholesale and Dealer Loans
Credit quality [Line Items]
Recorded investment	$ 22,547		$ 24,683
Financing Receivable, Percent of Dealer Finance Receivables	100%		100%
Financing Receivable, Allowance for Credit Loss, Writeoff	$ 0		$ 4
Non-consumer \| Wholesale and Dealer Loans \| Financing Receivables, Total Past Due
Credit quality [Line Items]
Recorded investment	19		33
Non-consumer \| Wholesale and Dealer Loans \| Group I
Credit quality [Line Items]
Recorded investment	$ 19,357		$ 21,438
Financing Receivable, Percent of Dealer Finance Receivables	85.90%		86.90%
Non-consumer \| Wholesale and Dealer Loans \| Group II
Credit quality [Line Items]
Recorded investment	$ 2,911		$ 2,900
Financing Receivable, Percent of Dealer Finance Receivables	12.90%		11.70%
Non-consumer \| Wholesale and Dealer Loans \| Group III
Credit quality [Line Items]
Recorded investment	$ 247		$ 301
Financing Receivable, Percent of Dealer Finance Receivables	1.10%		1.20%
Non-consumer \| Wholesale and Dealer Loans \| Group IV
Credit quality [Line Items]
Recorded investment	$ 32		$ 44
Financing Receivable, Percent of Dealer Finance Receivables	0.10%		0.20%

Allowance for Credit Losses (De

Allowance for Credit Losses (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing Receivable, Threshold Period Past Due, Writeoff	120 days
Ford Credit
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss	$ 882	$ 845	$ 845
Financing Receivable, Allowance for Credit Loss, Writeoff	(129)	(96)
Financing Receivable, Allowance for Credit Loss, Recovery	42	39
Provision for credit losses	88	77
Financing Receivable, Allowance for Credit Losses, Other	(3)	5
Financing Receivable, Allowance for Credit Loss, Ending Balance	880	870	882
Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease)	(2)
Consumer \| Ford Credit
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss	879	838	838
Financing Receivable, Allowance for Credit Loss, Writeoff	(129)	(96)	(401)
Financing Receivable, Allowance for Credit Loss, Recovery	39	38
Provision for credit losses	91	78
Financing Receivable, Allowance for Credit Losses, Other	(3)	5
Financing Receivable, Allowance for Credit Loss, Ending Balance	877	863	879
Non-consumer \| Ford Credit
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss	3	7	7
Financing Receivable, Allowance for Credit Loss, Writeoff	0	0
Financing Receivable, Allowance for Credit Loss, Recovery	3	1
Provision for credit losses	(3)	(1)
Financing Receivable, Allowance for Credit Losses, Other	0	0
Financing Receivable, Allowance for Credit Loss, Ending Balance	3	$ 7	3
Wholesale and Dealer Loans \| Non-consumer \| Ford Credit
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss, Writeoff	$ 0		$ (4)

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Inventory Disclosure [Abstract]
Raw materials, work-in-process, and supplies	$ 6,234	$ 6,196
Finished products	12,398	9,455
Total inventories	$ 18,632	$ 15,651

Other Liabilities and Deferre_3

Other Liabilities and Deferred Revenue (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Accounts Payable and Accrued Liabilities, Current [Abstract]
Dealer and dealers’ customer allowances and claims	$ 12,603	$ 12,910
Deferred Revenue	2,868	2,515
Employee benefit plans	2,245	2,282
Accrued interest	1,285	1,224
OPEB (a)	498	481
Pension (a)	330	331
Operating lease liabilities	204	205
Other (b)	5,999	5,922
Total current other liabilities and deferred revenue	26,032	25,870
Accounts Payable and Accrued Liabilities, Noncurrent [Abstract]
Dealer and dealers’ customer allowances and claims	7,489	7,506
Pension (a)	5,728	6,383
OPEB (a)	4,281	4,365
Deferred Revenue	4,898	5,051
Operating lease liabilities	1,510	1,395
Employee benefit plans	1,021	837
Other (b)	2,797	2,877
Total non-current other liabilities and deferred revenue	27,724	28,414
Net pension assets	4,300	4,300
Derivative Liability, Current	1,200	1,000
Derivative Liability, Noncurrent	$ 1,000	$ 1,300
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

Retirement Benefits - Expense (

Retirement Benefits - Expense (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Immediate Recognition of Actuarial Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other income/(loss), net
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Expected Return (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other income/(loss), net
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Interest Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]	Other income/(loss), net
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Other Cost (Credit), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other income/(loss), net
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Settlement and Curtailment Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other income/(loss), net
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Amortization of Prior Service Cost (Credit), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other income/(loss), net
Worldwide OPEB
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)
Service cost	$ 6	$ 5
Interest cost	57	58
Expected return on assets	0	0
Amortization of prior service costs/(credits)	2	1
Net remeasurement (gain)/loss	0	0
Defined Benefit Plan, Other Cost (Credit)	0	0
Settlements and curtailments	0	0
Net periodic benefit cost/(income)	65	64
UNITED STATES \| Pension Plan
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)
Service cost	73	72
Interest cost	400	408
Expected return on assets	(455)	(486)
Amortization of prior service costs/(credits)	23	0
Net remeasurement (gain)/loss	0	113
Defined Benefit Plan, Other Cost (Credit)	8	2
Settlements and curtailments	0	42
Net periodic benefit cost/(income)	49	151
Foreign Plan \| Pension Plan
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)
Service cost	63	61
Interest cost	235	237
Expected return on assets	(255)	(219)
Amortization of prior service costs/(credits)	6	5
Net remeasurement (gain)/loss	(11)	0
Defined Benefit Plan, Other Cost (Credit)	14	4
Settlements and curtailments	0	0
Net periodic benefit cost/(income)	$ 52	$ 88

Retirement Benefits Pension Pla

Retirement Benefits Pension Plan Contributions (Details) - Pension Plan $ in Millions	3 Months Ended
	Mar. 31, 2024 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Payment for Pension and Other Postretirement Benefits	$ 550
Defined Benefit Plan, Expected Future Employer Contributions, Next Fiscal Year	1,000
Pension And Other Postretirement Expected Benefit Contributions Unfunded Plans	420
Pension and Other Postretirement Benefit Contributions Unfunded Plans	$ 105

Debt - Debt Outstanding (Detail

Debt - Debt Outstanding (Details) - Operating Segments - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Ford Credit
Debt Instrument [Line Items]
Unamortized (discount)/premium, current	$ (1)	$ (1)
Unamortized issuance costs, current	(18)	(13)
Adjustment Fair Value Hedging Instruments Unsecured Debt, Current	(96)	(58)
Long-term Debt, Current Maturities	49,063	49,192
Long-term debt	80,195	80,095
Unamortized (discount)/premium, noncurrent	1	10
Unamortized issuance costs, noncurrent	(236)	(224)
Fair value adjustments, noncurrent	(1,322)	(1,200)
Long-term Debt, Excluding Current Maturities	80,195	80,095
Debt, Long-term and Short-term, Combined Amount	129,258	129,287
Short-term Debt, Fair Value	15,200	15,500
Debt Carrying Value Fair Value	40,300	38,700
Adjustment Fair Value Hedging Instruments Unsecured Debt, Discontinued Hedging Relationships	(607)	(681)
Ford Credit \| Unsecured Debt
Debt Instrument [Line Items]
Long-Term Debt and Lease Obligation, Current	10,917	11,755
Long-term debt	49,842	45,435
Ford Credit \| Asset-Backed Securities
Debt Instrument [Line Items]
Long-Term Debt and Lease Obligation, Current	21,120	18,851
Long-term debt	31,910	36,074
Ford Credit \| Notes Payable, Other Payables
Debt Instrument [Line Items]
Short-term	17,141	18,658
Company excluding Ford Credit
Debt Instrument [Line Items]
Unamortized (discount)/premium, current	(2)	(2)
Long-term Debt, Current Maturities	727	477
Long-term debt	19,430	19,467
Unamortized (discount)/premium, noncurrent	(147)	(155)
Unamortized issuance costs, noncurrent	(168)	(173)
Long-term Debt, Excluding Current Maturities	19,430	19,467
Debt, Long-term and Short-term, Combined Amount	20,157	19,944
Short-term Debt, Fair Value	579	362
Company excluding Ford Credit \| Convertible Debt
Debt Instrument [Line Items]
Debt Instrument, Face Amount	2,300	2,300
Company excluding Ford Credit \| Corporate debt
Debt Instrument [Line Items]
Unsecured Long-term Debt, Noncurrent	14,935	14,935
Company excluding Ford Credit \| Notes Payable, Other Payables
Debt Instrument [Line Items]
Other Loans Payable, Current	150	117
Other Loans Payable, Long-term, Noncurrent	775	811
Company excluding Ford Credit \| Notes Payable, Other Payables \| U.K. Export Finance Program
Debt Instrument [Line Items]
Other Loans Payable, Long-term, Noncurrent	1,735	1,749
Company excluding Ford Credit \| Notes Payable, Other Payables
Debt Instrument [Line Items]
Short-term	579	362
Fair Value, Nonrecurring [Member] \| Level 2 [Member] \| Ford Credit
Debt Instrument [Line Items]
Fair Value	130,954	130,533
Fair Value, Nonrecurring [Member] \| Level 2 [Member] \| Company excluding Ford Credit
Debt Instrument [Line Items]
Fair Value	$ 20,125	$ 19,775

Debt - Convertible Debt (Detail

Debt - Convertible Debt (Details) - Convertible Debt - Zero Percent Convertible Senior Notes Due 2026 - Operating Segments - Company excluding Ford Credit - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Debt Instrument [Line Items]
Amortization of Debt Issuance Costs	$ 2,000	$ 2,000
Debt Conversion, Converted Instrument, Amount	$ 1
Debt Conversion, Converted Instrument, Shares Issued	67.352
Debt Instrument, Convertible, Conversion Price	$ 14.85

Income Effect of Derivative Fin

Income Effect of Derivative Financial Instruments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Derivative [Line Items]
Gain/(Loss) Recognized in Income	$ (231)	$ (104)
Held collateral	$ 33		$ 40
Derivative Instrument, Gain (Loss) Reclassified from AOCI into Income, Effective Portion, Statement of Income or Comprehensive Income [Extensible Enumeration]	Cost of sales
Designated as Hedging Instrument [Member] \| Cash Flow Hedging [Member] \| Foreign currency exchange contracts [Member]
Derivative [Line Items]
Gain/(Loss) Reclassified from AOCI to Income	$ 14	26
Gains/(losses) on derivative instruments	288	(63)
Designated as Hedging Instrument [Member] \| Cash Flow Hedging [Member] \| Commodity Contract [Member]
Derivative [Line Items]
Gain/(Loss) Reclassified from AOCI to Income	(26)	(9)
Gains/(losses) on derivative instruments	(32)	8
Designated as Hedging Instrument [Member] \| Fair Value Hedging [Member] \| Cross-currency interest rate swap contracts [Member]
Derivative [Line Items]
Net interest settlements and accruals on hedging instruments	(29)	(14)
Fair value changes on hedging instruments	(64)	22
Fair value changes on hedged debt	62	(19)
Designated as Hedging Instrument [Member] \| Fair Value Hedging [Member] \| Interest rate contracts [Member]
Derivative [Line Items]
Net interest settlements and accruals on hedging instruments	(96)	(140)
Fair value changes on hedging instruments	(243)	250
Fair value changes on hedged debt	220	(279)
Not Designated as Hedging Instrument [Member] \| Foreign currency exchange contracts [Member]
Derivative [Line Items]
Gain/(Loss) Recognized in Income	69	(3)
Not Designated as Hedging Instrument [Member] \| Foreign currency exchange contracts [Member] \| Nonoperating Income (Expense) [Member]
Derivative [Line Items]
Gain/(Loss) Recognized in Income	92	(22)
Not Designated as Hedging Instrument [Member] \| Foreign currency exchange contracts [Member] \| Cost of Sales
Derivative [Line Items]
Gain/(Loss) Recognized in Income	(23)	19
Not Designated as Hedging Instrument [Member] \| Commodity Contract [Member]
Derivative [Line Items]
Gain/(Loss) Recognized in Income	(20)	(11)
Not Designated as Hedging Instrument [Member] \| Cross-currency interest rate swap contracts [Member]
Derivative [Line Items]
Gain/(Loss) Recognized in Income	(166)	85
Not Designated as Hedging Instrument [Member] \| Interest rate contracts [Member]
Derivative [Line Items]
Gain/(Loss) Recognized in Income	$ 48	$ (12)

Balance Sheet Effect of Derivat

Balance Sheet Effect of Derivative Financial Instruments (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Derivative [Line Items]
Derivative, Notional Amount	$ 142,222	$ 138,797
Derivative Liability, Current	1,200	1,000
Derivative Liability, Noncurrent	1,000	1,300
Held collateral	33	40
Posted collateral	108	185
Designated as Hedging Instrument [Member] \| Foreign currency exchange contracts [Member] \| Cash Flow Hedging [Member]
Derivative [Line Items]
Derivative, Notional Amount	18,444	19,530
Designated as Hedging Instrument [Member] \| Cross-currency interest rate swap contracts [Member] \| Fair Value Hedging [Member]
Derivative [Line Items]
Derivative, Notional Amount	3,155	2,078
Designated as Hedging Instrument [Member] \| Interest Rate Contract [Member] \| Fair Value Hedging [Member]
Derivative [Line Items]
Derivative, Notional Amount	16,307	12,119
Designated as Hedging Instrument [Member] \| Commodity Contract [Member] \| Cash Flow Hedging [Member]
Derivative [Line Items]
Derivative, Notional Amount	975	983
Not Designated as Hedging Instrument [Member] \| Foreign currency exchange contracts [Member]
Derivative [Line Items]
Derivative, Notional Amount	22,681	22,802
Not Designated as Hedging Instrument [Member] \| Cross-currency interest rate swap contracts [Member]
Derivative [Line Items]
Derivative, Notional Amount	6,529	7,100
Not Designated as Hedging Instrument [Member] \| Interest Rate Contract [Member]
Derivative [Line Items]
Derivative, Notional Amount	73,109	73,134
Not Designated as Hedging Instrument [Member] \| Commodity Contract [Member]
Derivative [Line Items]
Derivative, Notional Amount	1,022	1,051
Fair Value, Recurring
Derivative [Line Items]
Derivative Asset, Current	569	493
Derivative Asset, Noncurrent	433	594
Derivative Asset	1,002	1,087
Derivative Liability, Current	1,442	1,464
Derivative Liability, Noncurrent	1,012	1,274
Derivative Liability	2,454	2,738
Fair Value, Recurring \| Level 2 [Member]
Derivative [Line Items]
Fair Value of Assets	1,002	1,087
Fair Value of Liabilities	2,454	2,738
Counterparty Netting, Assets Not Offset	681	815
Counterparty Netting, Liabilities Not Offset	681	815
Fair Value, Recurring \| Level 2 [Member] \| Designated as Hedging Instrument [Member] \| Foreign currency exchange contracts [Member] \| Cash Flow Hedging [Member]
Derivative [Line Items]
Fair Value of Assets	115	69
Fair Value of Liabilities	165	385
Fair Value, Recurring \| Level 2 [Member] \| Designated as Hedging Instrument [Member] \| Cross-currency interest rate swap contracts [Member] \| Fair Value Hedging [Member]
Derivative [Line Items]
Fair Value of Assets	41	69
Fair Value of Liabilities	115	104
Fair Value, Recurring \| Level 2 [Member] \| Designated as Hedging Instrument [Member] \| Interest Rate Contract [Member] \| Fair Value Hedging [Member]
Derivative [Line Items]
Fair Value of Assets	84	106
Fair Value of Liabilities	769	633
Fair Value, Recurring \| Level 2 [Member] \| Designated as Hedging Instrument [Member] \| Commodity Contract [Member] \| Cash Flow Hedging [Member]
Derivative [Line Items]
Fair Value of Assets	15	23
Fair Value of Liabilities	35	36
Fair Value, Recurring \| Level 2 [Member] \| Not Designated as Hedging Instrument [Member] \| Foreign currency exchange contracts [Member]
Derivative [Line Items]
Fair Value of Assets	138	201
Fair Value of Liabilities	122	261
Fair Value, Recurring \| Level 2 [Member] \| Not Designated as Hedging Instrument [Member] \| Cross-currency interest rate swap contracts [Member]
Derivative [Line Items]
Fair Value of Assets	99	119
Fair Value of Liabilities	291	252
Fair Value, Recurring \| Level 2 [Member] \| Not Designated as Hedging Instrument [Member] \| Interest Rate Contract [Member]
Derivative [Line Items]
Fair Value of Assets	489	465
Fair Value of Liabilities	928	1,036
Fair Value, Recurring \| Level 2 [Member] \| Not Designated as Hedging Instrument [Member] \| Commodity Contract [Member]
Derivative [Line Items]
Fair Value of Assets	21	35
Fair Value of Liabilities	$ 29	$ 31

Employee Separation Actions a_4

Employee Separation Actions and Exit and Disposal Activities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Restructuring Reserve
Restructuring Incurred Cost Statement of Income or Comprehensive Income	$ 608	$ 681
Restructuring and Related Cost, Expected Cost	1,000
Operating Segments \| Company excluding Ford Credit
Restructuring Reserve
Beginning balance	1,086	588
Changes in accruals (a)	594	629
Payments	(188)	(83)
Foreign currency translation and other	(26)	(8)
Ending balance	1,466	1,126
Pension Costs
Restructuring Reserve
Restructuring Charges	$ 14	4
Accelerated depreciation
Restructuring Reserve
Restructuring Charges		$ 48

Acquisitions and Divestitures_2

Acquisitions and Divestitures (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations	$ 19,986	$ 25,110
Operating Segments \| Company excluding Ford Credit \| Disposal Group, Held-for-sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Liabilities	49
Total assets of held-for-sale operations (a)	72
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents	$ 51

Discontinued Operations and Dis

Discontinued Operations and Disposal Groups (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Schedule of Equity Method Investments [Line Items]
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations	$ 19,986	$ 25,110
Operating Segments \| Disposal Group, Held-for-sale, Not Discontinued Operations \| Company excluding Ford Credit
Schedule of Equity Method Investments [Line Items]
Disposal Group, Including Discontinued Operation, Liabilities	$ 49

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income/(Loss) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Derivative instruments [Abstract]
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months	$ (6)
Pension and other postretirement benefits
Total AOCI ending balance at March 31	(8,932)		$ (9,042)
Parent Company [Member]
Foreign currency transaction [Abstract]
Beginning balance	(5,443)	$ (6,416)
Gains/(Losses) on foreign currency translation	(118)	485
Less: Tax/(Tax benefit) (a)	(4)	(10)
Net gains/(losses) on foreign currency translation	(114)	495
(Gains)/Losses reclassified from AOCI to income	0	(2)
Other comprehensive income/(loss), net of tax	(114)	493
Ending balance	(5,557)	(5,923)
Marketable securities [Abstract]
Beginning balance	(170)	(442)
Gains/(Losses) on available for sale securities	(15)	135
Less: Tax/(Tax benefit)	(2)	33
Net gains/(losses) on available for sale securities	(13)	102
(Gains)/Losses reclassified from AOCI to net income	6	11
Less: Tax/(Tax benefit)	1	3
Net (gains)/losses reclassified from AOCI to net income (b)	5	8
Other comprehensive income/(loss), net of tax	(8)	110
Ending balance	(178)	(332)
Derivative instruments [Abstract]
Beginning balance	(331)	129
Gains/(losses) on derivative instruments	256	(55)
Less: Tax/(tax benefit)	60	(14)
Net gains/(losses) on derivative instruments	196	(41)
(Gains)/Losses reclassified from AOCI to net income	12	(17)
Less: Tax/(tax benefit)	3	(3)
Net (gains)/losses reclassified to AOCI from net income	9	(14)
Other comprehensive income/(loss), net of tax	205	(55)
Ending balance	(126)	74
Pension and other postretirement benefits
Beginning balance	(3,098)	(2,610)
Amortization of prior service costs/(credits)	31	6
Less: Tax/(Tax benefit)	8	1
Net prior service costs/(credits) reclassified from AOCI to net income	23	5
Translation impact on non-U.S. plans	4	(2)
Other comprehensive income/(loss), net of tax	27	3
Ending balance	(3,071)	(2,607)
Total AOCI ending balance at March 31	$ (8,932)	$ (8,788)

Variable Interest Entities (Det

Variable Interest Entities (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023	Jul. 13, 2022
BlueOval SK, LLC
Variable Interest Entity [Line Items]
Equity Method Investment, Ownership Percentage	50%
Equity Method Investment, Aggregate Cost	$ 3,900
Equity Method Investment, Committed Capital, Expected Timing of Satisfaction, Period	2 years 9 months
BlueOval SK, LLC \| Maximum
Variable Interest Entity [Line Items]
Committed Capital			$ 6,600
Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity [Line Items]
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount	$ 4,600	$ 3,700
Maximum potential payments	$ 125	$ 125

Commitments and Contingencies_3

Commitments and Contingencies (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Warranty [Abstract]
Beginning balance	$ 11,504	$ 9,193
Payments made during the period	(1,391)	(990)
Changes in accrual related to warranties issued during the period	1,091	972
Changes in accrual related to pre-existing warranties	397	226
Foreign currency translation and other	(61)	(117)
Ending balance	11,540	$ 9,284
Litigation and Claims
Guarantor Obligations [Line Items]
Loss contingency estimate	200
Loss Contingency Accrual, Period Increase (Decrease)	(1,200)
Field Service Actions and Customer Satisfaction Actions
Guarantor Obligations [Line Items]
Loss contingency estimate	1,300
Financial Guarantee [Member]
Guarantor Obligations [Line Items]
Maximum potential payments	515		$ 535
Carrying value of recorded liabilities related to guarantees and limited indemnities	$ 43		$ 59

Segment Information (Details)

Segment Information (Details) - USD ($) $ in Millions	3 Months Ended
Segment Information (Details) - USD ($) $ in Millions	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Segment Information
External Revenues	$ 42,777	$ 41,474
Intersegment Revenues	0	0
Total Revenues	42,777	41,474
Income/(Loss) before income taxes	1,612	2,159
Equity in net income/(loss) of affiliated companies	167	130
Assets	274,341	256,800	$ 273,310
Ford Credit
Segment Information
External Revenues	2,887	2,389
Operating Segments \| Ford Blue
Segment Information
External Revenues	21,754	25,124
Intersegment Revenues	11,741	9,177
Total Revenues	33,495	34,301
Income/(Loss) before income taxes	905	2,623
Equity in net income/(loss) of affiliated companies	62	55
Assets	61,372	57,990
Operating Segments \| Ford Model e
Segment Information
External Revenues	115	707
Intersegment Revenues	21	9
Total Revenues	136	716
Income/(Loss) before income taxes	(1,320)	(722)
Equity in net income/(loss) of affiliated companies	(19)	(3)
Assets	14,996	7,242
Operating Segments \| Ford Pro
Segment Information
External Revenues	18,019	13,249
Intersegment Revenues	0	0
Total Revenues	18,019	13,249
Income/(Loss) before income taxes	3,008	1,366
Equity in net income/(loss) of affiliated companies	117	117
Assets	3,659	2,668
Operating Segments \| Ford Credit
Segment Information
External Revenues	2,887	2,389
Intersegment Revenues	0	0
Total Revenues	2,887	2,389
Income/(Loss) before income taxes	326	303
Equity in net income/(loss) of affiliated companies	8	7
Assets	148,901	138,225
Operating Segments \| Ford Next
Segment Information
External Revenues	1	1
Intersegment Revenues	0	0
Total Revenues	1	1
Income/(Loss) before income taxes	(9)	(44)
Equity in net income/(loss) of affiliated companies	(1)	(12)
Assets	177	371
Corporate Other
Segment Information
External Revenues	1	4
Intersegment Revenues	0	0
Total Revenues	1	4
Income/(Loss) before income taxes	(147)	(147)
Equity in net income/(loss) of affiliated companies	0	0
Assets	48,613	52,427
Intersegment Eliminations
Segment Information
External Revenues	0	0
Intersegment Revenues	(11,762)	(9,186)
Total Revenues	(11,762)	(9,186)
Income/(Loss) before income taxes	0	0
Equity in net income/(loss) of affiliated companies	0	0
Assets	(3,377)	(2,123)
Interest on Debt \| Adjustments
Segment Information
External Revenues	0	0
Intersegment Revenues	0	0
Total Revenues	0	0
Income/(Loss) before income taxes	(278)	(308)
Equity in net income/(loss) of affiliated companies	0	0
Assets	0	0
Special Items \| Adjustments
Segment Information
External Revenues	0	0
Intersegment Revenues	0	0
Total Revenues	0	0
Income/(Loss) before income taxes	(873)	(912)
Equity in net income/(loss) of affiliated companies	0	(34)
Assets	$ 0	$ 0