Finance Receivables (Tables)

6 Months Ended

Jun. 30, 2011

Financing Receivables [Line Items]

Schedule Of Financing Receivables [Table Text Block]

Finance receivables reflected on our consolidated balance sheet are as follows (in millions):

	June 30, 2011			December 31, 2010
Automotive sector *	$	247		$	224
Financial Services sector	75,902			73,265
Reclassification of receivables purchased by Financial Services sector from Automotive sector to Other receivables, net	(5,126		)	(3,419		)
Finance receivables, net	$	71,023		$	70,070

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*    Finance receivables are reported on our sector balance sheet in Receivables, less allowances and Other assets.

Net notes receivable [Table Text Block]

Notes receivable, net, were as follows (in millions):

	June 30, 2011			December 31, 2010
Notes receivable	$	304		$	344
Less:  Allowance for credit losses	(57		)	(120		)
Notes receivable, net	$	247		$	224

Net finance receivables [Table Text Block]

Finance receivables, net were as follows (in millions):

	June 30, 2011									December 31, 2010
	North America			International			Total Finance Receivables			North America			International			Total Finance Receivables
Consumer
Retail, gross	$	38,533		$	9,666		$	48,199		$	39,129		$	9,436		$	48,565
Less:  Unearned interest supplements	(1,551		)	(290		)	(1,841		)	(1,580		)	(289		)	(1,869		)
Retail	36,982			9,376			46,358			37,549			9,147			46,696
Direct financing leases, gross	7			3,084			3,091			17			3,011			3,028
Less: Unearned interest supplements	—			(112		)	(112		)	—			(84		)	(84		)
Direct financing leases	7			2,972			2,979			17			2,927			2,944
Consumer finance receivables	$	36,989		$	12,348		$	49,337		$	37,566		$	12,074		$	49,640
Non-consumer
Wholesale	$	14,378		$	10,260		$	24,638		$	13,273		$	8,851		$	22,124
Dealer loans	1,047			66			1,113			1,117			33			1,150
Other	945			488			1,433			738			390			1,128
Non-consumer finance receivables	16,370			10,814			27,184			15,128			9,274			24,402
Total recorded investment	$	53,359		$	23,162		$	76,521		$	52,694		$	21,348		$	74,042
Recorded investment in finance receivables	$	53,359		$	23,162		$	76,521		$	52,694		$	21,348		$	74,042
Less:  Allowance for credit losses	(482		)	(137		)	(619		)	(625		)	(152		)	(777		)
Finance receivables, net	$	52,877		$	23,025		$	75,902		$	52,069		$	21,196		$	73,265
Net finance receivables subject to fair value *							$	72,921								$	70,318
Fair value							74,574									72,021

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*    At June 30, 2011 and December 31, 2010, excludes $3 billion and $2.9 billion, respectively, of certain receivables (primarily direct financing leases) that are not subject to fair value disclosure requirements.

Aging analysis of total finance receivables [Table Text Block]

The aging analysis of Ford Credit's finance receivables balances at June 30, 2011 was as follows (in millions):

	31-60 Days Past Due		61-90 Days Past Due		91-120 Days Past Due		Greater Than 120 Days		Total Past Due		Current		Total Finance Receivables
North America Consumer
Retail	$	637	$	77	$	25	$	76	$	815	$	36,167	$	36,982
Direct financing leases	1		1		—		—		2		5		7
Non-consumer
Wholesale	—		—		—		3		3		14,375		14,378
Dealer loans	4		1		4		13		22		1,025		1,047
Other	—		—		—		—		—		945		945
Subtotal	642		79		29		92		842		52,517		53,359
International Consumer
Retail	68		35		18		48		169		9,207		9,376
Direct financing leases	11		5		3		4		23		2,949		2,972
Non-consumer
Wholesale	1		—		—		17		18		10,242		10,260
Dealer loans	—		—		—		1		1		65		66
Other	—		—		—		—		—		488		488
Subtotal	80		40		21		70		211		22,951		23,162
Total recorded investment	$	722	$	119	$	50	$	162	$	1,053	$	75,468	$	76,521

Consumer receivables in non-accrual status [Table Text Block]

Consumer receivables in non-accrual status were as follows (in millions):

	June 30, 2011				December 31, 2010
	Retail		Direct Financing Leases		Retail		Direct Financing Leases
North America
Greater than 120 days past due	$	76	$	—	$	82	$	—
Less than 120 days past due	328		—		355		—
Subtotal	404		—		437		—
International
Greater than 120 days past due	48		4		19		3
Less than 120 days past due	4		—		26		1
Subtotal	52		4		45		4
Total recorded investment	$	456	$	4	$	482	$	4

Impaired receivables and receivables in non-accrual status [Table Text Block]

The table below identifies non-consumer receivables that were both impaired and in non-accrual status for the period ended June 30, 2011 (in millions):

	Recorded Investment in Impaired								Financing Revenue Collected
	Receivables & Receivables in Non-Accrual Status		Unpaid Principal Balance		Related Allowance for Credit Losses		Average Recorded Investment		Second Quarter 2011		First Half 2011
North America
With no allowance recorded
Wholesale	$	15	$	15	$	—	$	18	$	1	$	1
Dealer loans	2		2		—		7		—		—
With an allowance recorded
Wholesale	—		—		—		—		—		—
Dealer loans	62		62		8		66		1		1
International
With no allowance recorded
Wholesale	20		20		—		18		—		—
Dealer loans	2		2		—		1		—		—
With an allowance recorded
Wholesale	7		7		2		3		—		—
Dealer loans	—		—		—		—		—		—
Total
Wholesale	42		42		2		39		1		1
Dealer loans	66		66		8		74		1		1
Total	$	108	$	108	$	10	$	113	$	2	$	2

NOTE 5.  FINANCE RECEIVABLES (Continued)

The table below identifies non-consumer receivables that were both impaired and in non-accrual status for the period ended December 31, 2010 (in millions):

	Recorded Investment in Impaired Receivables & Receivables in Non-Accrual Status		Unpaid Principal Balance		Related Allowance for Credit Losses		Average Recorded Investment
North America
With no allowance recorded
Wholesale	$	8	$	8	$	—	$	19
Dealer loans	2		2		—		9
With an allowance recorded
Wholesale	—		—		—		—
Dealer loans	64		64		10		69
International
With no allowance recorded
Wholesale	22		22		—		29
Dealer loans	1		1		—		2
With an allowance recorded
Wholesale	5		5		2		8
Dealer loans	—		—		—		—
Total
Wholesale	35		35		2		56
Dealer loans	67		67		10		80
Total	$	102	$	102	$	12	$	136

Consumer [Member]

Financing Receivables [Line Items]

Credit quality analysis [Table Text Block]

The credit quality analysis of Ford Credit's consumer finance receivables portfolio was as follows (in millions):

	June 30, 2011				December 31, 2010
	Retail		Direct Financing Leases		Retail		Direct Financing Leases
North America
Pass	$	36,804	$	6	$	37,348	$	17
Special Mention	102		1		119		—
Substandard	76		—		82		—
Subtotal	36,982		7		37,549		17
International
Pass	9,276		2,960		9,068		2,914
Special Mention	52		8		60		10
Substandard	48		4		19		3
Subtotal	9,376		2,972		9,147		2,927
Total recorded investment	$	46,358	$	2,979	$	46,696	$	2,944

Non Consumer Portfolio Segment [Member]

Financing Receivables [Line Items]

Credit quality analysis [Table Text Block]

The credit quality analysis of wholesale and dealer loan receivables was as follows (in millions):

	June 30, 2011				December 31, 2010
	Wholesale		Dealer Loan		Wholesale		Dealer Loan
North America
Group I	$	11,808	$	777	$	10,540	$	785
Group II	2,170		160		2,372		208
Group III	385		99		353		107
Group IV	15		11		8		17
Subtotal	14,378		1,047		13,273		1,117
International
Group I	6,144		38		5,135		5
Group II	2,526		16		2,189		15
Group III	1,576		11		1,527		12
Group IV	14		1		—		1
Subtotal	10,260		66		8,851		33
Total recorded investment	$	24,638	$	1,113	$	22,124	$	1,150