Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I need a vertical and horizontal analysis of this income statement. CONSOLIDATED INCOME STATEMENT - USD ($) shares in Millions, $ in Millions 12 Months
I need a vertical and horizontal analysis of this income statement.
CONSOLIDATED INCOME STATEMENT - USD ($) shares in Millions, $ in Millions 12 Months Ended Dec. 31, 2018 Dec. 31, 2019 Dec. 31, 2017 $ 155,900 $ 160,338 $ 156,776 134,693 11,161 155,326 574 57 5,409 (226) 136,269 11,403 157,135 3,203 57 5,157 2,247 123 4,345 650 3,695 131,321 11,527 151,895 4,881 57 4,364 3,267 1,201 8,159 402 7,757 26 $ 7,731 32 (640) (724) 84 37 18 $ 47 $ 3,677 $ 0.01 $ 0.93 $ 1.94 Revenues Revenue from Contract with Customer, Excluding Assessed Tax Costs and expenses Cost of sales Selling, administrative, and other expenses Total costs and expenses Operating income Interest Expense, Debt Interest expense Other income/(loss), net (Note 5) Equity in net income of affiliated companies Income/(Loss) before income taxes Provision for/(Benefit from) income taxes (Note 7) Net income Less: Income attributable to noncontrolling interests Net income attributable to Ford Motor Company Basic income Basic income (in dollars per share) Diluted income Diluted income (in dollars per share) Basic shares (average shares outstanding) Diluted shares Operating Segments Automotive Revenues Revenue from Contract with Customer, Excluding Assessed Tax Costs and expenses Interest Expense, Debt Interest expense Equity in net income of affiliated companies Income/(Loss) before income taxes Operating Segments Ford Credit Revenues Revenue from Contract with Customer, Excluding Assessed Tax Costs and expenses Ford Credit interest, operating, and other expenses Interest expense $ 0.01 3,972 4,004 $ 0.92 3,974 3,998 $ 1.93 3,975 3,998 $ 143,599 $ 148,294 $ 145,653 963 1,171 1,133 0 (11) 4,926 95 5,422 1,169 8,084 12,260 12,018 11,113 9,472 4,389 9,463 3,929 9,047 3,174 31 28 32 2,310 2,998 2,627 Equity in net income of affiliated companies Income/(Loss) before income taxes Operating Segments Mobility Revenues Revenue from Contract with Customer, Excluding Assessed Tax Costs and expenses Interest expense Equity in net income of affiliated companies Income/(Loss) before income taxes 41 26 10 0 12 $(1,186) $ (674) $ (299)Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started