Ford Results 3Q23 Earnings
Earnings / (Loss) Per Share Reconciliation To Adjusted Earnings / (Loss) Per Share
Diluted After-Tax Results ($M)
Diluted after-tax results (GAAP)
Less: Impact of pre-tax and tax special items (a)
Adjusted net income - diluted (Non-GAAP)
Basic and Diluted Shares (M)
Basic shares (average shares outstanding)
Net dilutive options, unvested restricted stock units,
unvested restricted stock shares, and convertible debt
Diluted shares
Earnings (Loss) per share - diluted (GAAP) (b)
Less: Net impact of adjustments
Adjusted earnings per share - diluted (Non-GAAP)
a.
b.
SA
$
$
$
2022
Third Quarter
(827)
(2,063)
1,236
4,021
38
4,059
(0.21)
(0.51)
0.30
For 2023, includes adjustment for noncontrolling interest
In the third quarter and first nine months of 2022, there were 38 million and 42 million shares, respectively, excluded
from the calculation of diluted earnings / (loss) per share, due to their anti-dilutive effect
$
$
$
2023
1,199
(376)
1,575
4,004
46
4,050
0.30
(0.09)
0.39
2022
$
GA
$
Year-To-Date
(3,270)
(8,819)
5,549
4,017
42
4,059
(0.81)
(2.18)
1.37
2023
GA
4,873
(2,098)
6,971
3,999
41
4,040
Ford
1.21
(0.52)
1.73
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