Variable Interest Entities (Tables)

6 Months Ended

Jun. 30, 2011

Automotive [Member]

Variable Interest Entity [Line Items]

Schedule of consolidated variable interest entities assets and liabilities [Table Text Block]

The total consolidated VIE assets and liabilities reflected on our balance sheet are as follows (in millions):

Assets	December 31, 2010
Cash and cash equivalents	$	9
Other receivables, net	13
Inventories	19
Net property	31
Other assets	2
Total assets	$	74
Liabilities
Payables	$	16
Total liabilities	$	16

Schedule of maximum exposure to variable interest entities assets and liabilities [Table Text Block]

Our maximum exposure to loss from VIEs of which we are not the primary beneficiary at June 30, 2011 and December 31, 2010 is detailed as follows (in millions):

	June 30, 2011		December 31, 2010		Change in Maximum Exposure
Investments	$	255	$	417	$	(162	)
Guarantees	10		10		—
Total maximum exposure	$	265	$	427	$	(162	)

Financial Services [Member]

Variable Interest Entity [Line Items]

Schedule of assets to be used to settle consolidated Variable Interest Entities debt [Table Text Block]

The following table includes assets to be used to settle the liabilities of the consolidated VIEs. We may retain debt issued by consolidated VIEs and this debt is excluded from the table below. We hold the right to the excess cash flows from the assets that are not needed to pay liabilities of the consolidated VIEs. The assets and debt reflected on our consolidated balance sheet are as follows (in billions):

	June 30, 2011
	Cash and Cash Equivalents		Finance Receivables, Net and Net Investment in Operating Leases		Debt
Finance receivables
Retail	$	3.1	$	35.5	$	29.1
Wholesale	0.4		17.6		9.0
Total finance receivables	3.5		53.1		38.1
Net investment in operating leases	0.4		3.7		1.9
Total *	$	3.9	$	56.8	$	40.0

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*    Certain notes issued by the VIEs to affiliated companies served as collateral for accessing the European Central Bank ("ECB") open market operations program. This external funding of $347 million at June 30, 2011 was not reflected as debt of the VIEs and is excluded from the table above, but was included in our consolidated debt. The finance receivables backing this external funding are included in the table above.

	December 31, 2010
	Cash and Cash Equivalents		Finance Receivables, Net and Net Investment in Operating Leases		Debt
Finance receivables
Retail	$	2.9	$	33.9	$	27.1
Wholesale	0.4		16.6		10.1
Total finance receivables	3.3		50.5		37.2
Net investment in operating leases	0.8		6.1		3.0
Total *	$	4.1	$	56.6	$	40.2

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*    Certain notes issued by the VIEs to affiliated companies served as collateral for accessing the ECB open market operations program. This external funding of $334 million at December 31, 2010 was not reflected as debt of the VIEs and is excluded from the table above, but was included in our consolidated debt. The finance receivables backing this external funding are included in the table above.

Financial Services [Member] | Ford Credit [Member]

Variable Interest Entity [Line Items]

Schedule of maximum exposure to variable interest entities derivatives [Table Text Block]

Ford Credit's exposure based on the fair value of derivative instruments related to consolidated VIEs that support its securitization transactions is as follows (in millions):

	June 30, 2011				December 31, 2010
	Derivative Asset		Derivative Liability		Derivative Asset		Derivative Liability
VIE – Securitization entities	$	93	$	103	$	26	$	222
Ford Credit related to VIE	54		51		134		37
Total including Ford Credit related to VIE *	$	147	$	154	$	160	$	259

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*    Ford Credit derivative assets and liabilities are included in Other assets and accrued liabilities and Deferred revenue, respectively, on our consolidated balance sheet.

Schedule of financial performance of variable interest entities [Table Text Block]

The financial performance of the consolidated VIEs that support Ford Credit's securitization transactions reflected in our statement of operations is as follows (in millions):

	Second Quarter 2011				Second Quarter 2010
	Derivative Expense		Interest Expense		Derivative Expense		Interest Expense
VIEs financial performance	$	88	$	261	$	2	$	342

	First Half 2011				First Half 2010
	Derivative Expense		Interest Expense		Derivative Expense		Interest Expense
VIEs financial performance	$	33	$	515	$	147	$	674