Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Ford Motor Co., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Payables	25,809)	27,868)	27,756)	26,259)	24,128)	27,424)	25,458)	27,384)	25,992)	27,813)	27,749)	26,028)	25,605)	27,051)	23,378)	23,256)	22,349)	22,923)	18,593)	23,492)
Other liabilities and deferred revenue	31,779)	31,152)	30,360)	28,033)	27,782)	28,048)	27,380)	26,032)	25,870)	23,817)	23,925)	21,827)	21,097)	19,066)	19,255)	18,810)	18,686)	18,787)	18,869)	21,286)
Company excluding Ford Credit	5,550)	3,918)	3,591)	4,286)	1,756)	1,526)	1,712)	727)	477)	437)	410)	522)	730)	1,212)	1,533)	2,927)	3,175)	1,849)	2,136)	1,061)
Ford Credit	51,752)	53,710)	53,281)	50,154)	53,193)	52,038)	48,853)	49,063)	49,192)	48,201)	48,931)	47,528)	49,434)	42,838)	42,286)	45,359)	46,517)	45,474)	43,876)	48,410)
Debt payable within one year	57,302)	57,628)	56,872)	54,440)	54,949)	53,564)	50,565)	49,790)	49,669)	48,638)	49,341)	48,050)	50,164)	44,050)	43,819)	48,286)	49,692)	47,323)	46,012)	49,471)
Current liabilities	114,890)	116,648)	114,988)	108,732)	106,859)	109,036)	103,403)	103,206)	101,531)	100,268)	101,015)	95,905)	96,866)	90,167)	86,452)	90,352)	90,727)	89,033)	83,474)	94,249)
Other liabilities and deferred revenue	30,902)	30,961)	30,242)	28,883)	28,832)	28,977)	28,289)	27,724)	28,414)	27,851)	25,754)	25,908)	25,497)	28,591)	28,221)	28,501)	27,705)	28,808)	28,586)	28,707)
Company excluding Ford Credit	16,369)	17,857)	16,742)	16,644)	18,898)	19,071)	18,694)	19,430)	19,467)	19,333)	19,169)	19,190)	19,200)	19,073)	17,833)	17,158)	17,200)	23,767)	23,776)	24,819)
Ford Credit	89,665)	86,455)	84,113)	84,186)	84,675)	84,623)	81,642)	80,195)	80,095)	74,691)	74,726)	72,052)	69,605)	65,206)	67,175)	70,157)	71,200)	73,482)	77,129)	78,382)
Long-term debt payable after one year	106,034)	104,312)	100,855)	100,830)	103,573)	103,694)	100,336)	99,625)	99,562)	94,024)	93,895)	91,242)	88,805)	84,279)	85,008)	87,315)	88,400)	97,249)	100,905)	103,201)
Deferred income taxes	1,354)	1,652)	1,559)	1,434)	1,074)	1,001)	963)	889)	1,005)	1,654)	1,721)	1,548)	1,549)	1,793)	1,837)	1,734)	1,581)	883)	783)	688)
Non-current liabilities	138,290)	136,925)	132,656)	131,147)	133,479)	133,672)	129,588)	128,238)	128,981)	123,529)	121,370)	118,698)	115,851)	114,663)	115,066)	117,550)	117,686)	126,940)	130,274)	132,596)
Total liabilities	253,180)	253,573)	247,644)	239,879)	240,338)	242,708)	232,991)	231,444)	230,512)	223,797)	222,385)	214,603)	212,717)	204,830)	201,518)	207,902)	208,413)	215,973)	213,748)	226,845)
Common Stock, par value $0.01 per share	41)	41)	41)	41)	41)	41)	41)	41)	41)	41)	41)	41)	41)	41)	41)	41)	40)	40)	40)	40)
Class B Stock, par value $0.01 per share	1)	1)	1)	1)	1)	1)	1)	1)	1)	1)	1)	1)	1)	1)	1)	1)	1)	1)	1)	1)
Capital in excess of par value of stock	23,922)	23,847)	23,715)	23,562)	23,502)	23,397)	23,270)	23,125)	23,128)	23,032)	23,029)	22,889)	22,832)	22,768)	22,653)	22,550)	22,611)	22,477)	22,408)	22,240)
Retained earnings	22,508)	34,186)	32,352)	32,999)	33,740)	32,525)	32,240)	31,019)	31,029)	32,169)	31,577)	30,270)	31,754)	31,072)	32,511)	32,251)	35,769)	23,894)	22,062)	21,502)
Accumulated other comprehensive loss	(7,710)	(7,873)	(8,242)	(9,158)	(9,639)	(8,989)	(9,357)	(8,932)	(9,042)	(8,933)	(8,924)	(8,788)	(9,339)	(10,193)	(9,473)	(8,294)	(8,339)	(8,245)	(8,268)	(8,370)
Treasury stock	(2,810)	(2,810)	(2,810)	(2,810)	(2,810)	(2,660)	(2,628)	(2,384)	(2,384)	(2,047)	(2,047)	(2,047)	(2,047)	(1,564)	(1,564)	(1,564)	(1,563)	(1,574)	(1,579)	(1,585)
Equity attributable to Ford Motor Company	35,952)	47,392)	45,057)	44,635)	44,835)	44,315)	43,567)	42,870)	42,773)	44,263)	43,677)	42,366)	43,242)	42,125)	44,169)	44,985)	48,519)	36,593)	34,664)	33,828)
Equity attributable to noncontrolling interests	28)	25)	24)	25)	23)	24)	28)	27)	25)	13)	(71)	(169)	(75)	(36)	68)	99)	103)	111)	120)	146)
Total equity	35,980)	47,417)	45,081)	44,660)	44,858)	44,339)	43,595)	42,897)	42,798)	44,276)	43,606)	42,197)	43,167)	42,089)	44,237)	45,084)	48,622)	36,704)	34,784)	33,974)
Total liabilities and equity	289,160)	300,990)	292,725)	284,539)	285,196)	287,047)	276,586)	274,341)	273,310)	268,073)	265,991)	256,800)	255,884)	246,919)	245,755)	252,986)	257,035)	252,677)	248,532)	260,819)

The liabilities and stockholders’ equity of the company exhibit notable fluctuations over the observed period, spanning from March 2021 to December 2025. Overall, total liabilities generally increased, with significant variations quarter to quarter, while total equity demonstrated a more volatile pattern, peaking in late 2021 and again in late 2024 before declining in the final quarter of 2025.

Payables: Payables remained relatively stable, fluctuating between approximately US$18.6 billion and US$28.0 billion throughout the period. A slight upward trend is observable in the later quarters, with values consistently above US$26 billion from March 2023 onwards. There was a dip in June 2024, but values recovered by the end of 2025.
Other Liabilities and Deferred Revenue: Other liabilities and deferred revenue demonstrated a consistent upward trend, increasing from approximately US$18.7 billion in September 2021 to US$31.8 billion by December 2025. This represents a substantial increase over the five-year period, indicating a growing reliance on deferred revenue or an expansion of other long-term obligations.
Ford Credit: Ford Credit’s liabilities showed considerable volatility. While generally ranging between US$42 billion and US$80 billion, a peak was observed in December 2022 at approximately US$49.4 billion, followed by a further increase to US$89.7 billion in December 2025. This suggests a significant expansion of Ford Credit’s financing activities or an increase in its risk exposure.
Debt Payable Within One Year: Current debt obligations fluctuated significantly, ranging from approximately US$43.8 billion to US$57.3 billion. A general upward trend is apparent in the later periods, with values consistently above US$50 billion from March 2024 onwards, potentially indicating increased short-term financing needs.
Long-Term Debt Payable After One Year: Long-term debt exhibited a decreasing trend from US$103.2 billion in March 2021 to US$88.4 billion in December 2021, followed by a period of relative stability and then an increase to US$106.0 billion by December 2025. This suggests a restructuring of debt obligations or the issuance of new long-term financing.
Total Liabilities: Total liabilities increased from US$213.7 billion in June 2021 to US$253.2 billion in December 2025. The most significant increase occurred between September 2024 and December 2025, indicating a substantial rise in overall financial obligations during that period.
Equity Attributable to Ford Motor Company: Equity attributable to Ford Motor Company experienced substantial fluctuations. It peaked at US$48.5 billion in December 2021 before declining to US$35.9 billion in December 2025. This decline suggests a reduction in retained earnings or other equity components, potentially due to losses or dividend payouts.
Accumulated Other Comprehensive Loss: Accumulated other comprehensive loss remained consistently negative, ranging from approximately -US$8.3 billion to -US$9.6 billion. A slight increase in the magnitude of the loss is observed throughout the period, potentially reflecting unrealized losses on investments or foreign currency translations.
Total Equity: Total equity mirrored the fluctuations in equity attributable to Ford Motor Company, peaking at US$48.6 billion in December 2021 and declining to US$35.9 billion in December 2025. The decrease in equity, coupled with the increase in liabilities, suggests a weakening financial position overall.

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Ford Motor Co. (NYSE:F)

Balance Sheet: Liabilities and Stockholders’ Equity Quarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data