Ford Motor Co. F,
said late Thursday that it expects to take a $ 1.5 billion pre-tax hit related to its retirement plans in the US and abroad. That will reduce the automaker’s net income by about $ 1.2 billion, but it will not affect adjusted EBIT or adjusted earnings per share because of how the benefits are accounted for, Ford said in a filing. In the same filing, Ford said it will replace certain Takata airbag inflators in vehicles, including the Ford Ranger, Fusion, and others, in the 2006 through 2012 model years. That will affect approximately 2.7 million vehicles in the US and 300,000 vehicles in Canada and elsewhere. , at a cost of approximately $ 610 million. That release will be treated as a special item in the fourth quarter, the company said. Shares of Ford fell 0.4% in Thursday’s extended session after ending the regular trading day rallying 6%.