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The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.
Ford Motor Co., Consolidated Income Statement (quarterly data)
USD $ in millions
|3 months ended||Jun 30, 2018||Mar 31, 2018||Dec 31, 2017||Sep 30, 2017||Jun 30, 2017||Mar 31, 2017||Dec 31, 2016||Sep 30, 2016||Jun 30, 2016||Mar 31, 2016||Dec 31, 2015||Sep 30, 2015||Jun 30, 2015||Mar 31, 2015||Dec 31, 2014||Sep 30, 2014||Jun 30, 2014||Mar 31, 2014||Dec 31, 2013||Sep 30, 2013||Jun 30, 2013||Mar 31, 2013|
|Cost of sales|
|Selling, administrative, and other expenses|
|Ford Credit interest, operating, and other expenses|
|Interest expense on Automotive debt|
|Interest expense on Other debt|
|Other income (loss), net|
|Equity in net income of affiliated companies|
|Income before income taxes|
|(Provision for) benefit from income taxes|
|(Income) loss attributable to noncontrolling interests|
|Net income attributable to Ford Motor Company|
|Automotive revenues||Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains.||Ford Motor Co.'s automotive revenues increased from Q4 2017 to Q1 2018 but then declined significantly from Q1 2018 to Q2 2018.|
|Operating income||The net result for the period of deducting operating expenses from operating revenues.||Ford Motor Co.'s operating income increased from Q4 2017 to Q1 2018 but then declined significantly from Q1 2018 to Q2 2018.|
|Income before income taxes||Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest.||Ford Motor Co.'s income before income taxes increased from Q4 2017 to Q1 2018 but then declined significantly from Q1 2018 to Q2 2018.|
|Net income||The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.||Ford Motor Co.'s net income declined from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018.|
|Net income attributable to Ford Motor Company||The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes.||Ford Motor Co.'s net income attributable to Ford Motor Company declined from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018.|