Ford Motor Co. Files 8-K Report
Ticker: F-PD · Form: 8-K · Filed: Jan 23, 2025 · CIK: 37996
Sentiment: neutral
Topics: regulatory-filing, compliance
Related Tickers: F
TL;DR
Ford filed a routine 8-K on Jan 23, 2025. No major news, just compliance.
AI Summary
On January 23, 2025, Ford Motor Company filed an 8-K report. The filing primarily serves as a notification of events and does not disclose specific new financial figures or material business changes in this instance. It confirms the company's ongoing reporting obligations.
Why It Matters
This filing indicates Ford is meeting its regulatory disclosure requirements. It does not contain new information that would immediately impact the company's stock price.
Risk Assessment
Risk Level: low — The filing is a standard procedural 8-K and does not contain any new material information that would inherently increase risk.
Key Players & Entities
- FORD MOTOR CO (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- Dearborn, Michigan (location) — Principal executive offices
- January 23, 2025 (date) — Date of report and earliest event
FAQ
What is the primary purpose of this 8-K filing by Ford Motor Company?
The primary purpose of this 8-K filing by Ford Motor Company, dated January 23, 2025, is to report on a "Regulation FD Disclosure" and to serve as a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is the date of the earliest event reported in this filing?
The date of the earliest event reported in this filing is January 23, 2025.
Where are Ford Motor Company's principal executive offices located?
Ford Motor Company's principal executive offices are located at One American Road, Dearborn, Michigan 48126.
Under which state is Ford Motor Company incorporated?
Ford Motor Company is incorporated under the laws of Delaware.
Does this 8-K filing disclose any specific new financial results or material business changes?
Based on the provided text, this 8-K filing does not appear to disclose specific new financial results or material business changes; it functions as a notification of events and ongoing reporting.
Filing Stats: 665 words · 3 min read · ~2 pages · Grade level 10.5 · Accepted 2025-01-23 17:08:53
Key Financial Figures
- $0.7 billion — h quarter 2024 results of approximately $0.7 billion related to our pension and OPEB plans.
- $0.3 billion — pension and OPEB plans. This includes a $0.3 billion loss associated with pension plans in t
- $0.9 billion — h pension plans in the United States, a $0.9 billion gain associated with pension plans outs
- $0.1 billion — plans outside the United States, and a $0.1 billion gain associated with OPEB plans globall
- $0.4 billion — ted to increase our net income by about $0.4 billion as we expect to recognize a net tax exp
- $0.5 billion — our pension and OPEB plans to be about $0.5 billion and $4.4 billion, respectively, at year
- $4.4 b — OPEB plans to be about $0.5 billion and $4.4 billion, respectively, at year-end 2024,
- $2.3 billion — tively, at year-end 2024, compared with $2.3 billion and $4.7 billion, respectively, at year
- $4.7 b — nd 2024, compared with $2.3 billion and $4.7 billion, respectively, at year-end 2023.
Filing Documents
- f-20250123.htm (8-K) — 27KB
- 0000037996-25-000006.txt ( ) — 193KB
- f-20250123.xsd (EX-101.SCH) — 4KB
- f-20250123_def.xml (EX-101.DEF) — 15KB
- f-20250123_lab.xml (EX-101.LAB) — 29KB
- f-20250123_pre.xml (EX-101.PRE) — 16KB
- f-20250123_htm.xml (XML) — 5KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure . Ford Motor Company uses the mark-to-market method of accounting for pension and other postretirement employee benefits (OPEB). Under this method, we recognize pension and OPEB remeasurement gains and losses in income when incurred rather than amortizing them over time as a component of net periodic benefit cost. The remeasurement gains and losses are reported as special items since we believe they are not reflective of our ongoing operating activities. We expect to record a pre-tax remeasurement gain in our fourth quarter 2024 results of approximately $0.7 billion related to our pension and OPEB plans. This includes a $0.3 billion loss associated with pension plans in the United States, a $0.9 billion gain associated with pension plans outside the United States, and a $0.1 billion gain associated with OPEB plans globally. The remeasurement gain was largely driven by higher discount rates compared to year-end 2023, partially offset by asset returns lower than our assumptions. On an after-tax basis, the remeasurement is expected to increase our net income by about $0.4 billion as we expect to recognize a net tax expense based on the tax rates in the jurisdictions where there are remeasurement gains and losses. Because the remeasurement is a special item, it will not impact our total Company adjusted EBIT or adjusted earnings per share. The remeasurement did not have an impact on our cash in 2024 and does not change our expectations for pension contributions in 2025. In aggregate, our funded plans remain fully funded. Including the impact of remeasurement gains and losses during 2024, we expect the underfunded status for our pension and OPEB plans to be about $0.5 billion and $4.4 billion, respectively, at year-end 2024, compared with $2.3 billion and $4.7 billion, respectively, at year-end 2023. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be