Ford Investor Conference Presentation Deck
Cash Flow And Balance Sheet ($B)
Company Adj. EBIT excl. Ford Credit
Capital spending
Depreciation and tooling amortization
Net Spending
Receivables
Inventory
Trade payables
Changes in Working Capital
Ford Credit distributions
Interest on debt and cash taxes
All Other and timing differences (a)
Company Adjusted FCF
Restructuring
Changes in debt
Funded pension contributions
Shareholder distributions
All Other (b)
a.
b.
Change in Cash
6 6
SA
$
$
Second Quarter
2022
2023
2.8
(1.5)
1.3
(0.2)
(0.6)
0.3
0.4
0.1
0.6
(0.6)
0.9
$
$
3.6
$
0.3 $
(0.6)
(0.2)
(0.4)
(2.8)
(0.0)
$
3.4
(1.9)
1.3
(0.6)
(0.6)
(1.4)
1.4
(0.7)
(0.7)
1.6
2.9
(0.1)
(0.0)
(0.1)
(0.6)
(0.9)
1.1
LA GA
A
$
$
Includes differences between accrual-based EBIT and associated cash flows (e.g., pension and OPEB
income or expense; compensation payments; marketing incentive and warranty payments to dealers)
Includes a $2.4B loss and $7.9B loss on our Rivian investment in the second quarter and first half of
2022, respectively
First Half
2022
4.2
(2.9)
2.6
(0.2)
(0.6)
(2.5)
2.0
(1.1)
1.6
(0.9)
(0.5)
3.0
0.2
(0.8)
(0.3)
(0.8)
(9.0)
(7.8)
LA
2023
6.5
(3.7)
2.6
(1.1)
(0.2)
(3.4)
1.7
(1.9)
(1.3)
1.4
3.6
(0.1)
(0.2)
(0.2)
(3.8)
(1.7)
(2.4)
Company Excl. Ford Credit
Company Cash Balance
Liquidity
Debt
Cash Net of Debt
Pension Funded Status
Funded Plans
Unfunded Plans
Total Global Pension
Total Funded Status OPEB
Balance Sheet
2022 Dec 31
$
32.3
48.0
(19.9)
12.3
4.1
(4.3)
(0.2)
(4.5)
2023 Jun 30
$
29.8
47.3
(19.6)
10.3
4.0
(4.2)
(0.2)
(4.4)
Ford
15View entire presentation