Ford Investor Conference
Company
Effective Tax Rate Reconciliation To Adjusted Effective Tax Rate
Pre-Tax Results ($M)
Income / (loss) before income taxes (GAAP)
Less: Impact of special items
Adjusted earnings before taxes (Non-GAAP)
Taxes ($M)
(Provision for) / benefit from income taxes (GAAP)
Less: Impact of special items*
Adjusted (provision for) / benefit from income taxes (Non-GAAP) $
Tax Rate (%)
Effective tax rate (GAAP)
Adjusted effective tax rate (Non-GAAP)
*
2022 reflects the tax consequences of unrealized losses on marketable
securities and favorable changes in our valuation allowances
Q3
$ 1,387
(487)
$ 1,874
2023
(214)
87
(301)
15.4%
16.1%
Year-To-Date Full Year 2022
$
$
$
5,834
(2,593)
8,427
(982)
408
(1,390)
16.8%
16.5 %
$ (3,016)
(12,172)
9,156
$
Memo:
$
$
864
2,573
(1,709)
28.6%
18.7 %
Ford
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