For the year ending 2025-12-31, F-PD had $560M increase in cash & cash equivalents over the period. $12,467M in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income/(loss) | -8,162 | 5,894 | 4,329 | -2,152 |
| Depreciation and tooling amortization (note12 and note13) | 7,834 | 7,567 | 7,690 | 7,642 |
| Other amortization | - | -1,700 | -1,167 | -1,149 |
| Held-for-sale impairment charges | - | - | - | 32 |
| Brazil manufacturing exit non-cash charges (excluding accelerated depreciation of 145, 322, and 17) (note21) | - | - | - | -82 |
| Other amortization | 1,839 | - | - | - |
| (gains)/losses on extinguishment of debt | - | - | 0 | -121 |
| Ev asset impairment/program cancellation asset write-downs (including depreciation of 8,140) (note13) | 9,435 | - | - | - |
| Provision for credit and insurance losses | 616 | 575 | 438 | 46 |
| Pension and other postretirement employee benefits (opeb) expense/(income) (note16) | 1,062 | 149 | 3,052 | -378 |
| Equity method investment (earnings)/losses and impairments in excess of dividends received (note14 and note23) | -3,572 | 287 | 33 | -3,324 |
| Foreign currency adjustments | 87 | -227 | 234 | 27 |
| Net realized and unrealized (gains)/losses on cash equivalents, marketable securities, and other investments (note5) | 346 | -42 | -205 | -7,518 |
| Net (gain)/loss on changes in investments in affiliates | - | - | - | -147 |
| (gains) losses on changes in investments in affiliates | - | - | 9 | - |
| Stock compensation (note6) | 510 | 511 | 460 | 336 |
| Provision for/(benefit from) deferred income taxes | -4,536 | 350 | -1,649 | -1,910 |
| Decrease/(increase) in finance receivables (wholesale and other) | -4,992 | 4,299 | 4,827 | 10,560 |
| Decrease/(increase) in accounts receivable and other assets | 2,791 | 2,497 | 2,620 | 1,183 |
| Decrease/(increase) in inventory | -539 | -27 | 1,219 | 2,576 |
| Increase/(decrease) in accounts payable and accrued and other liabilities | 10,103 | 8,425 | 9,829 | 7,268 |
| Other | 380 | 439 | 673 | 436 |
| Net cash provided by/(used in) operating activities | 21,282 | 15,423 | 14,918 | 6,853 |
| Capital spending | 8,815 | 8,684 | 8,236 | 6,866 |
| Acquisitions of finance receivables and operating leases | 55,747 | 59,720 | 54,505 | 45,533 |
| Collections of finance receivables and operating leases | 45,710 | 45,159 | 44,561 | 46,276 |
| Proceeds from sale of business | - | 0 | 0 | 449 |
| Purchases of marketable securities and other investments | 9,457 | 12,300 | 8,590 | 17,458 |
| Sales and maturities of marketable securities and other investments | 10,063 | 12,346 | 12,700 | 19,117 |
| Settlements of derivatives | 443 | 268 | 138 | -94 |
| Capital contributions to equity method investments (note23) | 1,172 | 2,323 | 2,733 | 738 |
| Returns of capital from equity method investments (note23) | 1,702 | 1,465 | - | - |
| Other | -110 | 45 | 687 | -312 |
| Net cash provided by/(used in) investing activities | -18,049 | -24,370 | -17,628 | -4,347 |
| Cash payments for dividends and dividend equivalents | 2,989 | 3,118 | 4,995 | 2,009 |
| Purchases of common stock | 0 | 426 | 335 | 484 |
| Net changes in short-term debt | 654 | -276 | -1,539 | 5,460 |
| Proceeds from issuance of long-term debt | 49,688 | 57,312 | 51,659 | 45,470 |
| Payments of long-term debt | 50,303 | 45,680 | 41,965 | 45,655 |
| Other | -255 | -327 | -241 | -271 |
| Net cash provided by/(used in) financing activities | -3,205 | 7,485 | 2,584 | 2,511 |
| Effect of exchange rate on cash, cash equivalents, restricted cash, and restricted cash equivalents, continuing operations | - | -458 | -104 | -414 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 532 | - | - | - |
| Net increase/(decrease) in cash, cash equivalents, and restricted cash | 560 | -1,920 | -230 | 4,603 |
| Cash and cash equivalents at beginning of period | 23,190 | 25,110 | 25,340 | 20,737 |
| Cash and cash equivalents at end of period | 23,750 | 23,190 | 25,110 | 25,340 |
FORD MOTOR CO (F-PD)
FORD MOTOR CO (F-PD)