v3.26.3
SEGMENT INFORMATION (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Information Costs are reflected in the associated segment externally reporting the vehicle sale, as detailed in the table below:
Income Statement ElementsExamplesSegment Reporting
Costs specific to a particular vehicleBill of material cost and initial warranty accrualReported in the segment externally selling the vehicle
Costs identifiable by product lineManufacturing and logistics costs, depreciation & amortization expense, direct research & development costsTypically identifiable to the product line or production location. Reported in the segment externally selling the vehicle, based on relative volume
Shared costsSelling, general & administrative expense, and indirect/cross product line research & development costsTypically shared across all segments, generally based on relative volume. Certain costs clearly linked to a segment are reported in the specific segment
Intersegment markup costs for intersegment vehicle transactionsContract manufacturing and distribution feesReported in the segment externally selling the vehicle, for each applicable vehicle transaction
The table below shows the segment reporting for our most significant unconsolidated entities:
Ford BlueFord Model eFord Pro
∘ Changan Ford Automobile Corporation, Ltd. (“CAF”)
∘ None
∘ Ford Otomotiv Sanayi Anonim Sirketi (“Ford Otosan”)
∘ Jiangling Motors Corporation, Ltd. (“JMC”)
∘ AutoAlliance (Thailand) Co., Ltd. (“AAT”)
Key financial information for the periods ended or at September 30 was as follows (in millions):
Ford BlueFord
Model e		Ford ProFord CreditUnallocated Amounts and Eliminations (a)Total
Third Quarter 2025
External revenues$28,018 $1,783 $17,378 $3,349 $6 $50,534 
Intersegment revenues (b)11,368 121 — — (11,489)— 
Total revenues$39,386 $1,904 $17,378 $3,349 $(11,483)$50,534 
Other segment items (c)37,846 3,314 15,393 2,718 
Segment EBIT/EBT$1,540 $(1,410)$1,985 $631 $2,746 
Reconciliation of Segment EBIT/EBT
Unallocated amounts:
Corporate Other(160)
Interest on debt (excludes $1,802 of Ford Credit interest on debt)
(321)
Special items (d)(447)
Income/(Loss) before income taxes$1,818 
Other Segment Disclosures
Depreciation and tooling amortization$811 $151 $347 $642 $24 $1,975 
Investment-related interest income49 — 16 92 222 379 
Equity in net income/(loss) of affiliated companies48 (54)109 13 (95)21 
Cash outflow for capital spending1,237 821 12 26 29 2,125 
Total assets63,878 17,437 4,499 160,559 54,617 300,990 
Third Quarter 2026
External revenues$27,079 $1,223 $17,772 $3,444 $8 $49,526 
Intersegment revenues (b)11,318 49 — — (11,367)— 
Total revenues$38,397 $1,272 $17,772 $3,444 $(11,359)$49,526 
Other segment items (c)37,005 2,330 16,107 2,641 
Segment EBIT/EBT$1,392 $(1,058)$1,665 $803 $2,802 
Reconciliation of Segment EBIT/EBT
Unallocated amounts:
Corporate Other(144)
Interest on debt (excludes $1,741 of Ford Credit interest on debt)
(385)
Special items (e)(127)
Income/(Loss) before income taxes$2,146 
Other Segment Disclosures
Depreciation and tooling amortization$778 $66 $374 $753 $18 $1,989 
Investment-related interest income52 1 17 75 184 329 
Equity in net income/(loss) of affiliated companies33 (2)104 13 7 155 
Cash outflow for capital spending1,287 942 12 26 18 2,285 
Total assets66,034 9,619 3,538 160,807 52,486 292,484 
NOTE 18. SEGMENT INFORMATION (Continued)

Key financial information for the periods ended or at September 30 was as follows (in millions):
Ford BlueFord
Model e		Ford ProFord CreditUnallocated Amounts and Eliminations (a)Total
First Nine Months 2025
External revenues$74,799 $5,382 $51,356 $9,827 $13 $141,377 
Intersegment revenues (b)35,500 429 — — (35,929)— 
Total revenues$110,299 $5,811 $51,356 $9,827 $(35,916)$141,377 
Other segment items (c)108,002 9,399 45,744 7,971 
Segment EBIT/EBT$2,297 $(3,588)$5,612 $1,856 $6,177 
Reconciliation of Segment EBIT/EBT
Unallocated amounts:
Corporate Other(432)
Interest on debt (excludes $5,351 of Ford Credit interest on debt)
(906)
Special items (f)(1,859)
Income/(Loss) before income taxes$2,980 
Other Segment Disclosures
Depreciation and tooling amortization$2,304 $443 $1,044 $1,875 $56 $5,722 
Investment-related interest income147 2 46 274 629 1,098 
Equity in net income/(loss) of affiliated companies162 (91)245 36 (487)(135)
Cash outflow for capital spending3,287 2,534 35 88 87 6,031 
First Nine Months 2026
External revenues$77,005 $3,481 $50,285 $10,283 $21 $141,075 
Intersegment revenues (b)32,295 228 — — (32,523)— 
Total revenues$109,300 $3,709 $50,285 $10,283 $(32,502)$141,075 
Other segment items (c)104,831 6,463 45,217 7,940 
Segment EBIT/EBT$4,469 $(2,754)$5,068 $2,343 $9,126 
Reconciliation of Segment EBIT/EBT
Unallocated amounts:
Corporate Other(477)
Interest on debt (excludes $5,153 of Ford Credit interest on debt)
(1,092)
Special items (g)(4,532)
Income/(Loss) before income taxes$3,025 
Other Segment Disclosures
Depreciation and tooling amortization$2,269 $159 $1,059 $2,173 $77 $5,737 
Investment-related interest income156 2 51 225 504 938 
Equity in net income/(loss) of affiliated companies150 (9)241 40 (2,870)(h)(2,448)
Cash outflow for capital spending3,896 2,988 30 70 59 7,043 
__________
(a)Unallocated amounts include Corporate Other (see above description of corporate expenses and corporate assets) and Special Items. Eliminations include intersegment transactions occurring in the ordinary course of business.
(b)Intersegment revenues only reflect finished vehicle transactions between Ford Blue, Ford Model e, and Ford Pro where there is an intersegment markup and are recognized at the time of the intersegment transaction.
(c)Other segment items for the Ford Blue, Ford Model e, and Ford Pro segments primarily includes material costs, manufacturing costs, warranty coverages and field service action costs, freight and distribution costs, vehicle and software engineering costs, spending-related costs, advertising and sales promotions costs, and administrative, information technology, and selling costs. Other segment items for the Ford Credit segment primarily includes interest expense and depreciation.
(d)Primarily reflects restructuring actions in Europe and our share of asset impairments and other expenses at an equity method investment.
(e)Primarily reflects continued charges related to the EV cancellations announced in December 2025, legal matter(s), and ongoing restructuring actions in Europe, offset partially by pension and OPEB remeasurement.
(f)Primarily reflects a field service action for fuel injectors, our share of equity method investment asset impairments and write downs and other expenses, charges related to the cancellation of a previously planned all-electric three-row SUV program and resulting actions, and ongoing restructuring actions in Europe.
(g)Primarily reflects BOSK JV disposition (see Note 16), charges related to the EV program cancellations previously announced in December 2025, and ongoing restructuring actions in Europe, offset partially by pension and OPEB remeasurements.
(h)Primarily reflects BOSK JV disposition (see Note 16).