secwatch.observer — SEC 8-K summary
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Issuer:     FORD MOTOR CO (F)
CIK:        0000037996
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0000037996-24-000004
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Ford expects $1.7B pre-tax pension/OPEB remeasurement loss in Q4 2023, with no cash impact
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- Pre-tax remeasurement loss of ~$1.7B, after-tax ~$1.3B, from lower discount rates partially offset by asset gains.
- Breakdown: $0.5B US pensions, $0.9B non-US pensions, $0.3B OPEB plans globally.
- Special item; no impact on total Company adjusted EBIT, adjusted EPS, or 2024 pension contribution expectations.
- Underfunded status at year-end 2023: pensions ~$2.3B, OPEB ~$4.7B, up from $0.2B and $4.5B a year earlier.
- Remains non-cash; funded plans fully funded in aggregate; no change to 2024 pension contributions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/37996/000003799624000004/0000037996-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/37996/000003799624000004/f-20240124.htm
  HTML page:      https://secwatch.observer/filing/0000037996-24-000004

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