$F
FORD MOTOR CO

2020 Q3 Form 10-Q Financial Statement

#000003799620000071 Filed on October 29, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q4 2019 Q3
Revenue $37.50B $39.72B $36.99B
YoY Change 1.38% -4.97% -1.79%
Cost Of Revenue $31.22B $37.18B $32.28B
YoY Change -3.28% -2.59% 2.26%
Gross Profit $6.278B $2.540B $4.708B
YoY Change 33.35% -29.99% -22.79%
Gross Profit Margin 16.74% 6.4% 12.73%
Selling, General & Admin $2.266B $2.992B $2.601B
YoY Change -12.88% -0.13% -9.75%
% of Gross Profit 36.09% 117.8% 55.25%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.868B $2.379B $7.310B
YoY Change -74.45%
% of Gross Profit 29.75% 93.66% 155.27%
Operating Expenses $2.266B $2.992B $2.601B
YoY Change -12.88% -0.13% -9.75%
Operating Profit $2.351B -$452.0M -$261.0M
YoY Change -1000.77% -171.52% -130.21%
Interest Expense -$54.00M -$86.00M $148.0M
YoY Change -136.49% -66.54% -149.17%
% of Operating Profit -2.3%
Other Income/Expense, Net $845.0M -$1.892B $534.0M
YoY Change 58.24% 382.65% -11.74%
Pretax Income $2.756B -$2.436B -$19.00M
YoY Change -14605.26% 14229.41% -101.74%
Income Tax $366.0M -$859.0M -$442.0M
% Of Pretax Income 13.28%
Net Earnings $2.390B -$1.672B $423.0M
YoY Change 465.01% 1341.38% -57.4%
Net Earnings / Revenue 6.37% -4.21% 1.14%
Basic Earnings Per Share $0.60 $0.11
Diluted Earnings Per Share $0.60 -$422.2K $0.11
COMMON SHARES
Basic Shares Outstanding 3.976B shares 3.970B shares
Diluted Shares Outstanding 4.005B shares 4.007B shares

Balance Sheet

Concept 2020 Q3 2019 Q4 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $44.83B $34.65B $37.33B
YoY Change 20.09% 2.06% 2.72%
Cash & Equivalents $24.26B $17.50B $20.52B
Short-Term Investments $20.57B $17.15B $16.81B
Other Short-Term Assets $3.714B $3.339B $3.356B
YoY Change 10.67% -15.04% -7.52%
Inventory $10.58B $10.79B $12.45B
Prepaid Expenses
Receivables $10.11B $9.237B $10.62B
Other Receivables $41.85B $53.65B $51.18B
Total Short-Term Assets $111.8B $114.0B $115.8B
YoY Change -3.45% -0.53% 0.79%
LONG-TERM ASSETS
Property, Plant & Equipment $36.12B $36.47B $35.40B
YoY Change 2.02% 0.8% -1.0%
Goodwill $258.0M $278.0M $291.0M
YoY Change -11.34% 5.3% 6.59%
Intangibles
YoY Change
Long-Term Investments $4.741B $2.519B $2.623B
YoY Change 80.75% -7.01% -8.22%
Other Assets $12.86B $10.71B $10.72B
YoY Change 19.98% 35.02% 28.09%
Total Long-Term Assets $148.2B $144.5B $142.4B
YoY Change 4.06% 1.83% -1.19%
TOTAL ASSETS
Total Short-Term Assets $111.8B $114.0B $115.8B
Total Long-Term Assets $148.2B $144.5B $142.4B
Total Assets $259.9B $258.5B $258.2B
YoY Change 0.69% 0.78% -0.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $21.47B $20.67B $22.23B
YoY Change -3.43% -3.94% -4.49%
Accrued Expenses $3.466B $3.869B $3.628B
YoY Change -4.47% 17.74% 23.23%
Deferred Revenue
YoY Change
Short-Term Debt $11.04B $14.03B $14.05B
YoY Change -21.45% -8.4% -16.5%
Long-Term Debt Due $39.96B $39.91B $40.55B
YoY Change -1.46% 4.56% 19.5%
Total Short-Term Liabilities $93.16B $98.13B $99.09B
YoY Change -5.98% 2.68% 4.58%
LONG-TERM LIABILITIES
Long-Term Debt $106.3B $470.0M $99.51B
YoY Change 6.81% -21.67% -3.08%
Other Long-Term Liabilities $26.83B $25.32B $23.73B
YoY Change 13.05% 7.36% -2.06%
Total Long-Term Liabilities $26.83B $25.79B $23.73B
YoY Change 13.05% 6.64% -2.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $93.16B $98.13B $99.09B
Total Long-Term Liabilities $26.83B $25.79B $23.73B
Total Liabilities $226.8B $225.3B $222.8B
YoY Change 1.8% 2.19% 0.23%
SHAREHOLDERS EQUITY
Retained Earnings $21.03B $20.32B $22.59B
YoY Change -6.9% -10.36% -3.4%
Common Stock $22.26B $22.17B $22.18B
YoY Change 0.37% 0.72% 0.76%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.596B $1.613B $1.619B
YoY Change -1.42% 13.83% 14.26%
Treasury Stock Shares
Shareholders Equity $33.13B $33.19B $35.35B
YoY Change
Total Liabilities & Shareholders Equity $259.9B $258.5B $258.2B
YoY Change 0.69% 0.78% -0.31%

Cashflow Statement

Concept 2020 Q3 2019 Q4 2019 Q3
OPERATING ACTIVITIES
Net Income $2.390B -$1.672B $423.0M
YoY Change 465.01% 1341.38% -57.4%
Depreciation, Depletion And Amortization $1.868B $2.379B $7.310B
YoY Change -74.45%
Cash From Operating Activities $11.09B $2.900B $4.732B
YoY Change 134.32% 113.71% -8.63%
INVESTING ACTIVITIES
Capital Expenditures -$1.256B -$2.274B -$1.805B
YoY Change -30.42% 7.47% -8.88%
Acquisitions
YoY Change
Other Investing Activities $2.601B -$3.076B -$2.742B
YoY Change -194.86% 98.45% 72.24%
Cash From Investing Activities $1.345B -$5.350B -$4.547B
YoY Change -129.58% 45.94% 27.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -19.36B -689.0M -1.632B
YoY Change 1086.27% -230.99% -1233.33%
NET CHANGE
Cash From Operating Activities 11.09B 2.900B 4.732B
Cash From Investing Activities 1.345B -5.350B -4.547B
Cash From Financing Activities -19.36B -689.0M -1.632B
Net Change In Cash -6.927B -3.139B -1.447B
YoY Change 378.71% 76.05% -182.69%
FREE CASH FLOW
Cash From Operating Activities $11.09B $2.900B $4.732B
Capital Expenditures -$1.256B -$2.274B -$1.805B
Free Cash Flow $12.34B $5.174B $6.537B
YoY Change 88.83% 48.98% -8.7%

Facts In Submission

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--12-31
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dei Document Type
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dei Document Quarterly Report
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dei Entity Small Business
EntitySmallBusiness
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dei Document Period End Date
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dei Entity Registrant Name
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Ford Motor Co
dei Entity Incorporation State Country Code
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dei Entity Tax Identification Number
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dei Entity Address Address Line1
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dei Entity Address City Or Town
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dei City Area Code
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dei Security12b Title
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dei Trading Symbol
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dei Security Exchange Name
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us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts
<div style="text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The allowance for credit losses represents an estimate of the lifetime expected credit losses inherent in finance receivables as of the balance sheet date. </span></div><div style="text-indent:18pt"><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Additions to the allowance for credit losses are made by recording charges to</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Ford Credit interest, operating, and other expenses</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> on our consolidated income statements. The uncollectible portion of a finance receivable is charged to the allowance for credit losses at the earlier of when an account is deemed to be uncollectible or when an account is 120 days delinquent, taking into consideration the financial condition of the customer or borrower, the value of the collateral, recourse to guarantors, and other factors</span><span style="color:#0070c0;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">.</span></div><div><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Charge-offs on finance receivables include uncollected amounts related to principal, interest, late fees, and other allowable charges. Recoveries on finance receivables previously charged off as uncollectible are credited to the allowance for credit losses. In the event Ford Credit repossesses the collateral, the receivable is charged off and the collateral is recorded at its estimated fair value less costs to sell and reported in </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Other assets</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> on our consolidated balance sheets.</span></div>
CY2020Q3 us-gaap Financing Receivable Threshold Period Past Due Writeoff
FinancingReceivableThresholdPeriodPastDueWriteoff
P120D
CY2019Q4 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
4402000000 USD
CY2020Q3 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
4401000000 USD
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
6384000000 USD
CY2020Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
6182000000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
10786000000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
10583000000 USD
CY2019Q4 f Dealer And Dealers Customer Allowances And Claims Noncurrent
DealerAndDealersCustomerAllowancesAndClaimsNoncurrent
1921000000 USD
CY2019Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
1200000000 USD
CY2020Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
1700000000 USD
CY2020Q3 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
0 USD
CY2019Q4 us-gaap Goodwill
Goodwill
278000000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
258000000 USD
CY2019Q4 f Dealer And Dealers Customer Allowances And Claims
DealerAndDealersCustomerAllowancesAndClaims
13113000000 USD
CY2020Q3 f Dealer And Dealers Customer Allowances And Claims
DealerAndDealersCustomerAllowancesAndClaims
10958000000 USD
CY2019Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
2091000000 USD
CY2020Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
2137000000 USD
CY2019Q4 us-gaap Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
1857000000 USD
CY2020Q3 us-gaap Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
1434000000 USD
CY2019Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1128000000 USD
CY2020Q3 us-gaap Interest Payable Current
InterestPayableCurrent
1186000000 USD
CY2019Q4 f Other Postretirement Defined Benefit Plan Liabilities Current
OtherPostretirementDefinedBenefitPlanLiabilitiesCurrent
332000000 USD
CY2020Q3 f Other Postretirement Defined Benefit Plan Liabilities Current
OtherPostretirementDefinedBenefitPlanLiabilitiesCurrent
329000000 USD
CY2019Q4 us-gaap Defined Benefit Pension Plan Liabilities Current
DefinedBenefitPensionPlanLiabilitiesCurrent
185000000 USD
CY2020Q3 us-gaap Defined Benefit Pension Plan Liabilities Current
DefinedBenefitPensionPlanLiabilitiesCurrent
186000000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
367000000 USD
CY2020Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
331000000 USD
CY2019Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
3914000000 USD
CY2020Q3 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
3732000000 USD
CY2019Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
22987000000 USD
CY2020Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
20293000000 USD
CY2019Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
9878000000 USD
CY2020Q3 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
9718000000 USD
CY2019Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
5740000000 USD
CY2020Q3 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
5684000000 USD
CY2020Q3 f Dealer And Dealers Customer Allowances And Claims Noncurrent
DealerAndDealersCustomerAllowancesAndClaimsNoncurrent
3366000000 USD
CY2019Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
4191000000 USD
CY2020Q3 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
4374000000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1047000000 USD
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
955000000 USD
CY2019Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
1104000000 USD
CY2020Q3 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
1125000000 USD
CY2019Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
1443000000 USD
CY2020Q3 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
1604000000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
25324000000 USD
CY2020Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
26826000000 USD
CY2019Q4 f Defined Benefit Plan Net Assets For Plan Benefits Current And Noncurrent
DefinedBenefitPlanNetAssetsForPlanBenefitsCurrentAndNoncurrent
3200000000 USD
CY2020Q3 f Defined Benefit Plan Net Assets For Plan Benefits Current And Noncurrent
DefinedBenefitPlanNetAssetsForPlanBenefitsCurrentAndNoncurrent
4100000000 USD
CY2019Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
91000000 USD
CY2020Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-58000000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
96000000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
165000000 USD
us-gaap Derivatives Reporting Of Derivative Activity
DerivativesReportingOfDerivativeActivity
<span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:8.68pt">During the third quarter of 2020, we began designating cross-currency interest rate swap contracts. We enter into cross-currency interest rate swaps to hedge our exposure to interest rate risk and foreign currency risk associated with the issuance of foreign denominated long-term debt. We report the change in fair value of the hedged debt and hedging instrument related to the change in the benchmark interest rate in </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Ford Credit interest, operating, and other expenses</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">. We report the change in fair value of the hedged debt and hedging instrument related to foreign currency in</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%"> Other income/(loss), net.</span>
CY2019Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
137179000000 USD
CY2020Q3 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
138460000000 USD
CY2019Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
390000000 USD
CY2019Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
772000000 USD
CY2020Q3 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
1169000000 USD
CY2020Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
517000000 USD
CY2019Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
840000000 USD
CY2019Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
306000000 USD
CY2020Q3 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
1801000000 USD
CY2020Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
264000000 USD
CY2019Q4 us-gaap Derivative Assets
DerivativeAssets
1230000000 USD
CY2019Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
1078000000 USD
CY2020Q3 us-gaap Derivative Assets
DerivativeAssets
2970000000 USD
CY2020Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
781000000 USD
CY2019Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
18000000 USD
CY2020Q3 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
11000000 USD
CY2019Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
78000000 USD
CY2020Q3 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
103000000 USD
CY2019Q4 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
269000000 USD
CY2020Q3 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
469000000 USD
CY2020Q3 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
155000000 USD
us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Financial Guarantees. </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial guarantees and indemnifications are recorded at fair value at their inception. Subsequent to initial recognition, the guarantee liability is adjusted at each reporting period to reflect the current estimate of expected payments resulting from possible default events over the remaining life of the guarantee.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span>The probability of default is applied to the expected exposure at the time of default less recoveries to determine the expected payments. Factors to consider when estimating the probability of default include the obligor’s financial position, forecasted economic environment, historical loss rates, and other communications. The liability recorded represents Ford’s exposure to credit risk. Non-Financial Guarantees. Non-financial guarantees and indemnifications are recorded at fair value at their inception. We regularly review our performance risk under these arrangements, and in the event it becomes probable we will be required to perform under a guarantee or indemnity, the amount of probable payment is recorded. <div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Warranty and Field Service Actions</span></div><div><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We accrue the estimated cost of both base warranty coverages and field service actions at the time of sale. We establish our estimate of base warranty obligations using a patterned estimation model, using historical information regarding the nature, frequency, and average cost of claims for each vehicle line by model year. We establish our estimates of field service action obligations using a patterned estimation model, using historical information regarding the nature, frequency, severity, and average cost of claims for each model year. In addition, from time to time, we issue extended warranties at our expense, the estimated cost of which is accrued at the time of issuance. Warranty and field service action obligations are reported in </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Other liabilities and deferred revenue</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. We reevaluate the adequacy of our accruals on a regular basis.</span></div><div style="text-indent:18pt"><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We recognize the benefit from a recovery of the costs associated with our warranty and field service actions when specifics of the recovery have been agreed with our supplier and the amount of recovery is virtually certain. Recoveries are reported in </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Trade and other receivables, net </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">and</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> Other assets.</span></div>
CY2020Q3 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
900000000 USD
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
5137000000 USD
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
5702000000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
3395000000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
2913000000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
2180000000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
2419000000 USD
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
1355000000 USD
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
1451000000 USD
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-57000000 USD
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-75000000 USD
CY2019Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
5220000000 USD
CY2020Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6584000000 USD
CY2019Q3 us-gaap Revenues
Revenues
36990000000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-19000000 USD
CY2019Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-16000000 USD
CY2019Q3 f Cashcashequivalentsmarketablesecuritiesandrestrictedcash
Cashcashequivalentsmarketablesecuritiesandrestrictedcash
37489000000 USD
CY2019Q3 us-gaap Assets
Assets
258157000000 USD
CY2020Q3 us-gaap Revenues
Revenues
37501000000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2756000000 USD
CY2020Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
58000000 USD
CY2020Q3 f Cashcashequivalentsmarketablesecuritiesandrestrictedcash
Cashcashequivalentsmarketablesecuritiesandrestrictedcash
45040000000 USD
CY2020Q3 us-gaap Assets
Assets
259943000000 USD
us-gaap Revenues
Revenues
116185000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1796000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
96000000 USD
us-gaap Revenues
Revenues
91192000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2694000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-8000000 USD

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