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Reading: Ford to document $600 million pension cost in fourth quarter
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Money

Ford to document $600 million pension cost in fourth quarter

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Last updated: January 30, 2026 8:14 pm
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A 2025 Ford Lightning electrical car (EV) at a Ford dealership in Antioch, California, US, on Thursday, Dec. 18, 2025.

David Paul Morris | Bloomberg | Getty Photos

DETROIT — Ford Motor stated it’ll report pretax prices of $600 million in its fourth-quarter outcomes attributable to changes in its worker pension plans and different postretirement advantages.

The Detroit automaker stated the particular prices, which is able to have an effect on its internet earnings however not its adjusted outcomes or money, are cut up between home plans and people exterior the U.S.

“The remeasurement loss for U.S. plans was largely pushed by actuarial losses in comparison with plan assumptions,” Ford stated in a public submitting after markets closed Thursday. “The remeasurement loss for non-U.S. plans was largely pushed by adjustments in key plan measurement assumptions, resembling improved life expectancy.”

On an after-tax foundation, Ford stated the remeasurement loss is anticipated to lower its internet earnings by about $500 million primarily based on the tax affect within the jurisdictions the place there are remeasurement positive aspects and losses.

Ford stated its retirement plans stay absolutely funded and the fees wouldn’t change its expectations for pension contributions in 2026.

The brand new particular prices are along with about $19.5 billion in particular gadgets the corporate disclosed final month associated to a restructuring of its enterprise priorities and a pullback in its all-electric car investments, most of which Ford stated would happen throughout the fourth quarter.

Automakers generally exclude “particular gadgets” or one-time prices from their adjusted monetary outcomes to supply buyers with a clearer image of their core, ongoing enterprise operations.

Ford is scheduled to report its fourth-quarter outcomes after markets shut on Feb. 10.

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