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Ford Credit Finance Receivables and Allowance for Credit Losses Allowance for Credit Losses (Tables)
6 Months Ended
Jun. 30, 2020
Allowance for Credit Loss [Abstract]  
Financing Receivable, Allowance for Credit Loss [Table Text Block]
An analysis of the allowance for credit losses related to finance receivables for the periods ended June 30 was as follows (in millions):
 
Second Quarter 2019 (a)
 
First Half 2019 (a)
 
Consumer
 
Non-Consumer
 
Total
 
Consumer
 
Non-Consumer
 
Total
Allowance for credit losses
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
496

 
$
17

 
$
513

 
$
566

 
$
23

 
$
589

Charge-offs
(117
)
 

 
(117
)
 
(254
)
 
(17
)
 
(271
)
Recoveries
45

 
6

 
51

 
88

 
8

 
96

Provision for credit losses
70

 
(7
)
 
63

 
94

 
2

 
96

Other (c)
2

 
1

 
3

 
2

 
1

 
3

Ending balance
$
496

 
$
17

 
$
513

 
$
496

 
$
17

 
$
513

 
Second Quarter 2020
 
First Half 2020
 
Consumer
 
Non-Consumer
 
Total
 
Consumer
 
Non-Consumer
 
Total
Allowance for credit losses
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
1,157

 
$
74

 
$
1,231

 
$
496

 
$
17

 
$
513

Adoption of ASU 2016-13 (b)

 

 

 
247

 
5

 
252

Charge-offs (c)
(80
)
 

 
(80
)
 
(225
)
 
(1
)
 
(226
)
Recoveries (c)
33

 
1

 
34

 
76

 
3

 
79

Provision for credit losses
94

 
(1
)
 
93

 
628

 
51

 
679

Other (d)
7

 

 
7

 
(11
)
 
(1
)
 
(12
)
Ending balance
$
1,211

 
$
74

 
$
1,285

 
$
1,211

 
$
74

 
$
1,285

__________
(a)
The comparative information has not been restated and continues to be reported under the accounting standard in effect during 2019.
(b)
Cumulative pre-tax adjustments recorded to retained earnings as of January 1, 2020. See Note 2 for additional information.
(c)
Charge-offs and recoveries were lower in the second quarter of 2020 reflecting program extensions and decision to temporarily suspend involuntary repossessions due to COVID-19.
(d)
Primarily represents amounts related to translation adjustments.