2023 Outlook and Advancing The Ford Plan: Electrification
Special Items (SB)
Global Redesign
China
India
South America
Separations and Other (not included above)
Subtotal Global Redesign
Other Items
Gain (loss) on Rivian investment
AV Strategy including Argo Impairment
Debt extinguishment premium
Other
Subtotal Other Items
Fourth Quarter
Full Year
2021
2022
2021
2022
Global Redesign
2022 Actions and Cash Effects
Recorded 2018-2021
$
FA
(0.0)
$
(0.3) $
0.2
$
(0.4)
(0.1)
(0.0)
(0.5)
(0.3)
(0.1)
0.1
(0.8)
0.1
(0.2)
(0.1)
(0.6)
(0.3)
$9.8
EA
(0.5)
(0.4)
(1.7)
$ (1.0)
$1.0
$
SA
8.2
(0.1)
EA
9.1
$
(7.4)
(0.1)
(2.8)
(1.7)
(1.7)
(0.1)
0.1
(0.1)
0.1
(0.5)
$
6.6
(0.3)
7.5
$
(10.8)
Pension and OPEB Gain (Loss)
$3.9
Pension and OPEB remeasurement
$
3.5
0.1
$
3.9
0.0
$8.8
Pension Settlements & Curtailments
(0.0)
(0.4)
(0.1)
(0.4)
$0.4
Subtotal Pension and OPEB Gain / (Loss)
$
3.5
$
(0.4)
3.8
$ (0.4)
Total EBIT Special Items
$
9.6
$
(1.1)
EA
$
9.6
$
(12.2)
Cash effect of Global Redesign (incl. separations)
SA
(0.3)
(0.3)
(1.9)
$
(0.4)
$3.5
Q4 EBIT Special Items Of $(1.1)B Driven By Pensions And Joint Venture
Asset Impairments In China
SECRET
EBIT Charges
Cash Effects
Ford
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