Reply #19: Debt is long term.

[Statistical]

Profit is Revenue - Expenses.

Debt isn't considered an expense.
interest on debt is an expense.

So Ford sold some cars and collected $30 billionish for those cars this qtr.

Now those cars have cost (materials, labor, electricity, suppliers, etc).

So after paying for all the costs Ford is left with ~$1B in profit.

That profit can no be used for long term capital expenditures such as building new plants or paying down debt.