Lets start by looking at the heading of the Consolidated Statement of Equity for Ford Motor Company and its Subsidiaries.

1. The heading of the statement is not quite clear. You may need to refer to the text. What is the date of the statement for the most current year? Is it for a period of time or at a point in time? Explain. (4 points)

FORD MOTOR COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENT OF EQUITY (in millions) Equity Attributable to Ford Motor Company Equity Attributable . in Excess of Accumulated Other Comprehensive Incomel(Loss) (Note 21) Retained to Non- controlling Interests Earnings/Accumulated Deficit) apital Stock Par Value of Stock Treasury Stock Total Equity Total (8257) Balance at December 31, 2015 $ 41 $ 21,421 $ 14,980 $ (977) $ 29,208 15 $ 29,223 Net income 4,589 4,589 11 4,600 (758) Other comprehensive income/(loss), net of tax (756) (1) (757) Common stock issued (including share-based compensation impacts) 209 209 209 (145) Treasury stock/other (145) (3) (148) Cash dividends declared (a) (3,376) (3,378) (5) (3,381) (7.013) Balance at December 31, 2016 $ 41 $ 21,830 $ 16,193 $ $ (1,122) $ 29,729 $ 17 $ 29,748 $ 21,030 16,193 Balance at December 31, 2016 $ 41 $ $ (7.013) (1,122 $ 29,729 $ 17 $ 29,746 572 doption of aocounting standards 586 572 7,731 7,757 Net income 7,731 26 Other comprehensive incomel(loss), net of tax 54 54 (2) 52 Common stock issued (including share-based compensation imoacts) 207 207 207 Treasury stock/other (131) (131) (2) (133) Cash dividends declared (a) (2,584) (2,584) (11) (2,505) Balance at December 31, 2017 41 $ 21,843 $ 21,908 (8,059) $ (1.253) $ 35,578 28 $ 35,808 $ $ (1,253 $ Balance at December 31, 2017 41 21,843 21,906 (6,959) 35,578 28 35,606 Net income 3,677 3,677 18 3,695 Other comprehensive income/(loss), net of tax (407) (407) (407) Common stock issued (including share-based compensation imoacts) 163 163 163 (164) Treasury stock/other (164) (164) (2,915) (2,927) ividend and dividend equivalents declared (a) (2,915) (12) $ 22,006 $ $ $ $ $ $ Balance at December 31, 2018 41 22,668 (7.366) (1,417 $ 35,932 34 35,966 (a) We declared dividends per share of Common and Class B Stock of $0.85, $0.65, and $0.73 per share in 2016, 2017, and 2018, respectively The accompanying notes are part of the consolidated financial statements FORD MOTOR COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENT OF EQUITY (in millions) Equity Attributable to Ford Motor Company Equity Attributable . in Excess of Accumulated Other Comprehensive Incomel(Loss) (Note 21) Retained to Non- controlling Interests Earnings/Accumulated Deficit) apital Stock Par Value of Stock Treasury Stock Total Equity Total (8257) Balance at December 31, 2015 $ 41 $ 21,421 $ 14,980 $ (977) $ 29,208 15 $ 29,223 Net income 4,589 4,589 11 4,600 (758) Other comprehensive income/(loss), net of tax (756) (1) (757) Common stock issued (including share-based compensation impacts) 209 209 209 (145) Treasury stock/other (145) (3) (148) Cash dividends declared (a) (3,376) (3,378) (5) (3,381) (7.013) Balance at December 31, 2016 $ 41 $ 21,830 $ 16,193 $ $ (1,122) $ 29,729 $ 17 $ 29,748 $ 21,030 16,193 Balance at December 31, 2016 $ 41 $ $ (7.013) (1,122 $ 29,729 $ 17 $ 29,746 572 doption of aocounting standards 586 572 7,731 7,757 Net income 7,731 26 Other comprehensive incomel(loss), net of tax 54 54 (2) 52 Common stock issued (including share-based compensation imoacts) 207 207 207 Treasury stock/other (131) (131) (2) (133) Cash dividends declared (a) (2,584) (2,584) (11) (2,505) Balance at December 31, 2017 41 $ 21,843 $ 21,908 (8,059) $ (1.253) $ 35,578 28 $ 35,808 $ $ (1,253 $ Balance at December 31, 2017 41 21,843 21,906 (6,959) 35,578 28 35,606 Net income 3,677 3,677 18 3,695 Other comprehensive income/(loss), net of tax (407) (407) (407) Common stock issued (including share-based compensation imoacts) 163 163 163 (164) Treasury stock/other (164) (164) (2,915) (2,927) ividend and dividend equivalents declared (a) (2,915) (12) $ 22,006 $ $ $ $ $ $ Balance at December 31, 2018 41 22,668 (7.366) (1,417 $ 35,932 34 35,966 (a) We declared dividends per share of Common and Class B Stock of $0.85, $0.65, and $0.73 per share in 2016, 2017, and 2018, respectively The accompanying notes are part of the consolidated financial statements