Stock Analysis on Net

Ford Motor Co. (NYSE:F)

Cash Flow Statement 

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Ford Motor Co., consolidated cash flow statement

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Net income (loss) (2,152) 17,910 (1,276) 84 3,695
Depreciation and tooling amortization 7,642 7,318 8,751 9,689 9,280
Other amortization (1,149) (1,358) (1,294) (1,199) (972)
Held-for-sale impairment charges 32 23 804
Brazil manufacturing exit non-cash charges, excluding accelerated depreciation (82) 48 1,159
Losses on extinguishment of debt 121 1,702 1 55
Provision for (benefit from) credit and insurance losses 46 (298) 929 413 609
Pension and other postretirement employee benefits (OPEB) expense (income) (378) (4,865) 1,027 2,625 400
Equity method investment dividends received in excess of (earnings) losses and impairments 3,324 116 130 203 206
Foreign currency adjustments (27) 532 (420) (54) 529
Net realized and unrealized (gains) losses on cash equivalents, marketable securities, and other investments 7,518 (9,159) (315) (139)
Net (gain) loss on changes in investments in affiliates 147 (368) (3,446) (29) (42)
Stock compensation 336 305 199 228 191
Provision for deferred income taxes (1,910) (563) (269) (1,370) (197)
(Increase) decrease in finance receivables (wholesale and other) (10,560) 7,656 12,104 1,554 (2,408)
(Increase) decrease in accounts receivable and other assets (1,183) (1,141) (63) (816) (2,239)
(Increase) decrease in inventory (2,576) (1,778) 148 206 (828)
Increase (decrease) in accounts payable and accrued and other liabilities 7,268 (36) 6,809 5,260 6,781
Cash changes in operating assets and liabilities (7,051) 4,701 18,998 6,204 1,306
Other 436 (234) 72 125 17
Net cash provided by operating activities 6,853 15,787 24,269 17,639 15,022
Capital spending (6,866) (6,227) (5,742) (7,632) (7,785)
Acquisitions of finance receivables and operating leases (45,533) (48,379) (55,901) (55,576) (62,924)
Collections of finance receivables and operating leases 46,276 52,094 48,746 50,182 50,880
Proceeds from sale of business 449 145 1,340
Purchases of marketable securities and other investments (17,458) (27,491) (39,624) (17,472) (17,140)
Sales and maturities of marketable securities and other investments 19,117 33,229 32,395 16,929 20,527
Settlements of derivatives 94 (272) (323) (114) 358
Capital contributions to equity method investments (738) (57) (4)
Other 312 (297) 498 (38) (177)
Net cash (used in) provided by investing activities (4,347) 2,745 (18,615) (13,721) (16,261)
Cash payments for dividends and dividend equivalents (2,009) (403) (596) (2,389) (2,905)
Purchases of common stock (484) (237) (164)
Net changes in short-term debt 5,460 3,273 (2,291) (1,384) (2,819)
Proceeds from issuance of long-term debt 45,470 27,901 65,900 47,604 50,130
Payments of long-term debt (45,655) (54,164) (60,514) (46,497) (44,172)
Other (271) (105) (184) (226) (192)
Net cash provided by (used in) financing activities 2,511 (23,498) 2,315 (3,129) (122)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (414) (232) 225 45 (370)
Net increase (decrease) in cash, cash equivalents, and restricted cash 4,603 (5,198) 8,194 834 (1,731)
Cash, cash equivalents, and restricted cash at beginning of period 20,737 25,935 17,741 16,907 18,638
Cash, cash equivalents, and restricted cash at end of period 25,340 20,737 25,935 17,741 16,907

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Cash flow statement item Description The company
Net cash provided by operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Ford Motor Co. net cash provided by operating activities decreased from 2020 to 2021 and from 2021 to 2022.
Net cash (used in) provided by investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Ford Motor Co. net cash (used in) provided by investing activities increased from 2020 to 2021 but then slightly decreased from 2021 to 2022.
Net cash provided by (used in) financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Ford Motor Co. net cash provided by (used in) financing activities decreased from 2020 to 2021 but then increased from 2021 to 2022 exceeding 2020 level.