American automobile manufacturer, Ford Motor Co, on Friday, January 20, it would record a pre-tax re-measurement loss of about $3 billion.
This pre-tax measurement is related to its pension plans and other post-retirement employee benefits plans.
The 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, reuters reports
Remeasurement is the re-evaluation of the value of an asset or liability on a company’s financial statements.
