Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Ford Motor Co., consolidated balance sheet: assets (quarterly data)

US$ in millions

	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Cash and cash equivalents	23,356)	26,788)	23,020)	20,864)	22,935)	23,449)	19,953)	19,721)	24,862)	26,427)	26,406)	22,144)	25,134)	21,548)	19,516)	21,013)	20,540)	27,429)	22,955)	21,826)
Marketable securities	15,131)	15,400)	14,484)	14,362)	15,413)	13,456)	14,613)	14,742)	15,309)	14,688)	16,415)	17,369)	18,936)	18,625)	17,184)	20,215)	29,053)	18,997)	18,081)	24,281)
Ford Credit finance receivables, net of allowance for credit losses	49,130)	48,214)	47,593)	47,997)	51,850)	49,340)	47,434)	44,600)	46,425)	42,572)	42,557)	40,350)	38,720)	33,902)	30,716)	32,775)	32,543)	32,600)	34,339)	40,664)
Trade and other receivables, less allowances	15,398)	19,199)	19,709)	17,225)	14,723)	16,469)	16,802)	18,698)	15,601)	15,129)	14,482)	14,920)	15,729)	14,764)	15,037)	13,031)	11,370)	10,851)	8,750)	10,448)
Inventories	15,285)	16,509)	17,270)	17,895)	14,951)	18,025)	17,183)	18,632)	15,651)	18,326)	17,703)	16,212)	14,080)	15,213)	13,976)	14,647)	12,065)	13,508)	13,593)	12,742)
Other assets	5,187)	4,610)	4,536)	4,711)	4,602)	4,360)	4,533)	4,202)	3,633)	4,219)	4,149)	4,128)	3,877)	4,036)	4,040)	4,461)	3,425)	3,583)	3,557)	3,971)
Current assets	123,487)	130,720)	126,612)	123,054)	124,474)	125,099)	120,518)	120,595)	121,481)	121,361)	121,712)	115,123)	116,476)	108,088)	100,469)	106,142)	108,996)	106,968)	101,275)	113,932)
Ford Credit finance receivables, net of allowance for credit losses	61,449)	60,147)	59,867)	59,049)	59,786)	59,889)	58,159)	56,985)	55,650)	53,434)	52,567)	51,084)	49,903)	47,683)	49,743)	50,000)	51,256)	50,839)	51,836)	52,570)
Net investment in operating leases	28,540)	27,045)	25,336)	23,820)	22,947)	22,389)	21,545)	21,118)	21,384)	21,415)	21,662)	22,008)	22,772)	23,555)	24,533)	25,546)	26,361)	26,740)	27,562)	27,811)
Net property	37,288)	44,735)	43,877)	42,471)	41,928)	41,169)	40,709)	40,515)	40,821)	39,370)	38,503)	37,970)	37,265)	35,529)	36,162)	36,625)	37,139)	36,597)	36,723)	36,361)
Equity in net assets of affiliated companies	2,753)	5,359)	5,038)	5,168)	6,821)	8,029)	7,215)	6,336)	5,548)	4,403)	3,578)	3,448)	2,798)	2,556)	4,196)	4,306)	4,545)	4,628)	4,582)	4,694)
Deferred income taxes	21,953)	18,196)	17,320)	17,022)	16,375)	17,216)	16,468)	16,726)	16,985)	15,662)	15,860)	15,572)	15,552)	15,149)	15,045)	14,991)	13,796)	11,891)	12,271)	12,103)
Other assets	13,690)	14,788)	14,675)	13,955)	12,865)	13,256)	11,972)	12,066)	11,441)	12,428)	12,109)	11,595)	11,118)	14,359)	15,607)	15,376)	14,942)	15,014)	14,283)	13,348)
Non-current assets	165,673)	170,270)	166,113)	161,485)	160,722)	161,948)	156,068)	153,746)	151,829)	146,712)	144,279)	141,677)	139,408)	138,831)	145,286)	146,844)	148,039)	145,709)	147,257)	146,887)
Total assets	289,160)	300,990)	292,725)	284,539)	285,196)	287,047)	276,586)	274,341)	273,310)	268,073)	265,991)	256,800)	255,884)	246,919)	245,755)	252,986)	257,035)	252,677)	248,532)	260,819)

The asset composition of the company exhibits notable fluctuations over the observed period, spanning from March 2021 to December 2025. Overall, total assets demonstrate a complex pattern, initially decreasing before exhibiting growth and then stabilizing. A detailed examination of individual asset categories reveals specific trends contributing to this overall behavior.

Cash and Cash Equivalents: Cash and cash equivalents experienced significant volatility. A peak was observed in September 2021, followed by a decline, and then a subsequent increase reaching another peak in June 2023. From June 2023 through December 2025, the balance generally decreased, though with fluctuations, ending lower than the initial value in March 2021.
Marketable Securities: Marketable securities showed a decreasing trend throughout the period. Starting at US$24.281 billion in March 2021, the value generally declined to US$15.131 billion by December 2025. This suggests a potential shift in investment strategy or liquidity management.
Ford Credit Finance Receivables: Ford Credit finance receivables, net of allowance for credit losses, generally increased over the period. While experiencing some quarterly variations, the balance rose from US$40.664 billion in March 2021 to US$61.449 billion in December 2025, indicating growth in the company’s financing operations. The most substantial increase occurred between September 2022 and December 2023.
Trade and Other Receivables: Trade and other receivables demonstrated an increasing trend until March 2024, peaking at US$18.698 billion. Subsequently, a decline was observed, with the balance falling to US$15.398 billion by December 2025. This suggests potential changes in credit terms or collection efficiency.
Inventories: Inventory levels fluctuated considerably. An initial decrease was followed by an increase, peaking in June 2023 at US$18.326 billion. A subsequent decline brought the balance to US$15.285 billion by December 2025. These fluctuations may reflect changes in production levels, supply chain dynamics, or demand patterns.
Other Assets (Current & Non-Current): Both current and non-current other assets exhibited moderate increases over the period. Non-current other assets showed a more pronounced increase, particularly between 2023 and 2025, potentially indicating investments in long-term assets or changes in deferred tax liabilities.
Net Property: Net property consistently increased throughout the period, rising from US$36.361 billion in March 2021 to US$40.821 billion in December 2025. This suggests ongoing investment in property, plant, and equipment.
Total Assets: Total assets initially decreased from US$260.819 billion in March 2021 to US$245.755 billion in June 2022. Subsequently, a period of growth ensued, peaking at US$300.990 billion in September 2025, before decreasing slightly to US$289.160 billion by December 2025. This pattern reflects the combined effects of changes in individual asset categories.

The company’s asset base demonstrates a dynamic interplay between liquid assets, financing receivables, and long-term investments. The increasing trend in Ford Credit finance receivables and net property suggests a strategic focus on financing and capacity expansion, while the fluctuating levels of cash and inventories indicate responsiveness to market conditions. The decline in marketable securities may indicate a reallocation of capital towards operational investments.

Ford Motor Co. (NYSE:F)

Balance Sheet: Assets
Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Ford Motor Co. (NYSE:F)

Balance Sheet: AssetsQuarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data