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  "presentationDate": "2024-10-01 00:00:00",
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      "text": "Wholesale Units and Revenue\nWholesale unit volumes include all Ford and Lincoln badged units (whether produced by Ford or by an unconsolidated affiliate) that are sold to dealerships or others, units manufactured by Ford that are sold to other manufacturers, units distributed by Ford for other manufacturers, and local brand units produced by our China joint venture, Jiangling Motors Corporation, Ltd. (\"JMC\"), that are sold to dealerships or others. Vehicles sold to daily rental car companies that are subject to a guaranteed repurchase option (i.e., rental repurchase), as well as other sales of finished vehicles for which the recognition of revenue is deferred (e.g., consignments), also are included in wholesale unit volumes. Revenue from certain vehicles in wholesale unit volumes (specifically, Ford badged vehicles produced and distributed by our unconsolidated affiliates, as well as JMC brand vehicles) are not included in our revenue. Excludes transactions between Ford Blue, Ford Model e, and Ford Pro segments\nIndustry Volume and Market Share\nIndustry volume and market share are based, in part, on estimated vehicle registrations; includes medium and heavy duty trucks\nSAAR\nSAAR means seasonally adjusted annual rate\nCompany Cash\nCompany cash includes cash, cash equivalents, marketable securities and restricted cash (including cash held for sale); excludes Ford Credit's cash, cash equivalents, marketable securities and restricted cash\nMarket Factors\nVolume and Mix - primarily measures EBIT variance from changes in wholesale unit volumes (at prior-year average contribution margin per unit) driven by changes in industry volume, market share, and dealer stocks, as well as the EBIT variance resulting from changes in product mix, including mix among vehicle lines and mix of trim levels and options within a vehicle line\nNet Pricing - primarily measures EBIT variance driven by changes in wholesale unit prices to dealers and marketing incentive programs such as rebate programs, low-rate financing offers, special lease offers and stock adjustments on dealer inventory\nMarket Factors exclude the impact of unconsolidated affiliate wholesale units\nEarnings Before Taxes (EBT)\nReflects Income before income taxes\nSoftware and Physical Services\nIncludes software, extended service contracts, parts and accessories, and other services",
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      "text": "Definitions And Calculations",
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