Please wait while we load the requested 10-Q report or click the link below:
https://last10k.com/sec-filings/report/37996/000003799622000048/f-20220630.htm
November 2023
November 2023
October 2023
October 2023
October 2023
September 2023
September 2023
August 2023
July 2023
July 2023
Please wait while we load the requested 10-Q report or click the link below:
https://last10k.com/sec-filings/report/37996/000003799622000048/f-20220630.htm
Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Ford Motor Co.
Ford Motor Co's Definitive Proxy Statement (Form DEF 14A) filed after their 2022 10-K Annual Report includes:
Rating
Learn More![]()
For example, the suspension of production at most of our assembly plants and lower industry volumes due to COVID-19 in early 2020 resulted in an initial deterioration of our cash flow, while the subsequent resumption of manufacturing operations and return to pre-COVID-19 production levels at most of our assembly plants resulted in a subsequent improvement of our cash flow.
The corporate credit facility is unsecured and free of material adverse change conditions to borrowing, restrictive financial covenants (for example, interest or fixed-charge coverage ratio, debt-to-equity ratio, and minimum net worth requirements), and credit rating triggers that could limit our ability to obtain funding or trigger early repayment.
Our actual results could differ materially from our guidance due to risks, uncertainties, and other factors, including those set forth in "Risk Factors" in Item 1A of our 2021 Form 10-K Report and as updated by our subsequent filings with the SEC. 2022 Guidance Total Company Adjusted EBIT (a) $11.5 - $12.5 billion Adjusted Free Cash Flow (a) $5.5 - $6.5 billion Capital spending About $7.0 billion Pension contributions $0.6 - $0.7 billion Global Redesign EBIT charges (b) About $1.5 billion Global Redesign cash effects (b) $1.0 - $1.5 billion Ford Credit EBT About $3 billion (a)When we provide guidance for adjusted EBIT and adjusted free cash flow, we do not provide guidance for the most comparable GAAP measures because, as described in more detail below in "Non-GAAP Measures That Supplement GAAP Measures," they include items that are difficult to predict with reasonable certainty.
Ford Credit holds the right to receive the excess cash flows not needed to pay the debt issued by, and other obligations of, the securitization entities that are parties to those securitization transactions Earnings Before Taxes ("EBT") - Reflects Ford Credit's income before income taxes Loss-to-Receivables ("LTR") Ratio - LTR ratio is calculated using net charge-offs divided by average finance receivables, excluding unearned interest supplements and the allowance for credit losses Return on Equity ("ROE") (as shown in the Key Metrics table) - Reflects return on equity calculated by annualizing net income for the period and dividing by monthly average equity for the period Securitization and Restricted Cash (as shown in the Liquidity table) - Securitization cash is held for the benefit of the securitization investors (for example, a reserve fund).
Second quarter 2022 revenue increased 94%, driven by higher wholesales and net pricing, favorable mix, and higher parts and accessories sales.
We previously announced our plan...Read more
Any future changes to our...Read more
As a result, our cash...Read more
Company Adjusted EBIT Margin (Most...Read more
Company adjusted EBIT margin was...Read more
61 Effective Tax Rate Reconciliation...Read more
The following table summarizes certain...Read more
Our adjusted EBIT range assumes...Read more
For full-year 2022, we continue...Read more
Our second quarter 2022 Automotive...Read more
North America's second quarter 2022...Read more
The strong results in South...Read more
Structural costs include the following...Read more
Moreover, we may be subject...Read more
Moreover, Ford Credit may be...Read more
The higher loss was driven...Read more
China's second quarter 2022 EBIT...Read more
The higher EBIT was driven...Read more
Second quarter 2022 revenue increased...Read more
Company adjusted free cash flow...Read more
Other assumptions include: Strong order...Read more
Our second quarter and first...Read more
Key elements of Ford Credit's...Read more
The non-GAAP measures listed below...Read more
Net income/(loss) margin was 1.7%...Read more
This measure is useful to...Read more
We also expect auction values...Read more
Second quarter 2022 revenue decreased...Read more
Our International Markets Group's second...Read more
As a result of the...Read more
Further, actions taken by Russia...Read more
The measure contains elements management...Read more
We believe that these non-GAAP...Read more
45 LIQUIDITY AND CAPITAL RESOURCES...Read more
Conversely, our cash flow improves...Read more
In the second quarter, we...Read more
At June 30, 2022, we...Read more
Ford Credit's material cash requirements...Read more
Includes debt issued in securitizations...Read more
The tables below and on...Read more
As of June 30, 2022,...Read more
The year-over-year increase of $106...Read more
Ford Credit's total net receivables...Read more
The measure provides an ongoing...Read more
Financial institutions participate in a...Read more
This positive maturity profile is...Read more
The terms and conditions of...Read more
Such actions could have a...Read more
When we provide guidance for...Read more
We are seeing a near-term...Read more
Operating items include: Company adjusted...Read more
For analysis purposes, management splits...Read more
Interest on Debt Interest on...Read more
Non-operating items include: global redesign...Read more
The EBIT improvement was driven...Read more
The net impact on us...Read more
Financial Statements, Disclosures and Schedules
Inside this 10-Q Quarterly Report
Material Contracts, Statements, Certifications & more
Ford Motor Co provided additional information to their SEC Filing as exhibits
Ticker: F
CIK: 37996
Form Type: 10-Q Quarterly Report
Accession Number: 0000037996-22-000048
Submitted to the SEC: Wed Jul 27 2022 6:33:01 PM EST
Accepted by the SEC: Thu Jul 28 2022
Period: Thursday, June 30, 2022
Industry: Motor Vehicles And Passenger Car Bodies