Ford's Q4 $1.3 billion caps one of 'best years ever' [View all]

[Redfairen]

Source: USA Today

Ford reported fourth-quarter earnings of $1.27 billion and full-year 2013 earnings of $8.6 billion.

Ford called it "one of the company's best years ever."

Ford added to its fourth-quarter results by favorable tax "special items" of $2.1 billion, which outweighed special charges of $311 million. Netted-out, Ford's Q4 was $3 billion, or 74 cents per share.

The automaker said it had its best pre-tax profit in automotive operations in more than a decade -- $8.8 billion, leading to a record profit-sharing payout averaging $8,800 to all eligible union workers.



Read more: http://www.usatoday.com/story/money/cars/2014/01/28/ford-q4-earnings/4945763/