Ford to record pre-tax remeasurement loss of $3 billion in 2016
EghtesadOnline: Ford Motor Co said on Friday it would record a pre-tax remeasurement loss of about $3 billion related to its pension plans and other post-retirement employee benefits plans.
The U.S. automaker said the remeasurement loss will not impact Ford's adjusted pre-tax profit or adjusted earnings per share in 2016, and will be recognized as a special item, according to Reuters.
Remeasurement is the re-evaluation of the value of an asset or liability on a company's financial statements.
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