Summary
This 10-K filing for Ford Motor Company, filed on March 27, 2018, covers the fiscal year ending December 30, 2017. The filing primarily details the exhibits and financial statement schedules available for review, including consolidated financial statements (income statement, balance sheet, cash flows, etc.) and a schedule for valuation and qualifying accounts. It also lists numerous exhibits related to corporate governance, executive compensation plans, credit agreements, and subsidiary financial information. For investors, this document serves as a comprehensive reference point for the company's financial structure and contractual obligations as of that period. The extensive list of exhibits highlights the complexity of Ford's operations and its various agreements, including those related to debt financing and executive compensation. While this specific filing is an amendment (10-K/A) and focuses on the exhibits, it reinforces the availability of detailed financial statements for the years 2015, 2016, and 2017. Investors should refer to the consolidated financial statements for a quantitative understanding of Ford's performance and financial health during this timeframe. The exhibits provide context on the legal and contractual framework within which Ford operates, including details on its credit facilities and executive remuneration programs, which are crucial for a holistic assessment of the company's risk and management.
Financial Highlights
52 data points| Revenue | $156.78B |
| Cost of Revenue | $131.32B |
| Gross Profit | $25.45B |
| R&D Expenses | $8.00B |
| SG&A Expenses | $11.53B |
| Operating Expenses | $151.90B |
| Operating Income | $4.88B |
| Interest Expense | $4.36B |
| Net Income | $7.73B |
| EPS (Basic) | $1.94 |
| EPS (Diluted) | $1.93 |
| Shares Outstanding (Basic) | 3.98B |
| Shares Outstanding (Diluted) | 4.00B |
Key Highlights
- 1The filing provides access to Ford's audited Consolidated Financial Statements for the years ended December 31, 2015, 2016, and 2017.
- 2It includes a Schedule II for Valuation and Qualifying Accounts, offering insights into asset valuations and reserves.
- 3A comprehensive list of exhibits is provided, detailing corporate governance documents, executive compensation plans, and material agreements.
- 4Significant exhibits include various amended and restated credit agreements, indicating Ford's ongoing financing activities and debt structure.
- 5Executive compensation plans, such as the Annual Incentive Compensation Plan and various Long-Term Incentive Plans, are detailed through numerous exhibits.
- 6The filing references financial statements for subsidiaries, such as Changan Ford Automobile Corporation Limited, indicating the importance of international operations.
- 7Certifications from the CEO and CFO (Exhibits 31.1-31.4 and 32.1-32.4) confirm the accuracy and integrity of the financial reporting.