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Revenue (Notes)
 9 Months Ended
Sep. 30, 2020
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
    The following table disaggregates our revenue by major source for the periods ended September 30 (in millions):
Third Quarter 2019
AutomotiveMobilityFord CreditConsolidated
Vehicles, parts, and accessories$32,609 $— $— $32,609 
Used vehicles647 — — 647 
Extended service contracts347 — — 347 
Other revenue183 14 55 252 
Revenues from sales and services
33,786 14 55 33,855 
Leasing income145 — 1,480 1,625 
Financing income— — 1,472 1,472 
Insurance income— — 38 38 
Total revenues$33,931 $14 $3,045 $36,990 
Third Quarter 2020
AutomotiveMobilityFord CreditConsolidated
Vehicles, parts, and accessories$33,005 $— $— $33,005 
Used vehicles818 — — 818 
Extended service contracts356 — — 356 
Other revenue438 20 37 495 
Revenues from sales and services
34,617 20 37 34,674 
Leasing income90 — 1,407 1,497 
Financing income— — 1,303 1,303 
Insurance income— — 27 27 
Total revenues$34,707 $20 $2,774 $37,501 
First Nine Months 2019
AutomotiveMobilityFord CreditConsolidated
Vehicles, parts, and accessories$102,420 $— $— $102,420 
Used vehicles2,509 — — 2,509 
Extended service contracts1,028 — — 1,028 
Other revenue615 26 161 802 
Revenues from sales and services
106,572 26 161 106,759 
Leasing income356 — 4,429 4,785 
Financing income— — 4,521 4,521 
Insurance income— — 120 120 
Total revenues$106,928 $26 $9,231 $116,185 
First Nine Months 2020
AutomotiveMobilityFord CreditConsolidated
Vehicles, parts, and accessories$78,252 $— $— $78,252 
Used vehicles2,282 — — 2,282 
Extended service contracts1,066 — — 1,066 
Other revenue836 43 122 1,001 
Revenues from sales and services
82,436 43 122 82,601 
Leasing income233 — 4,267 4,500 
Financing income— — 3,989 3,989 
Insurance income— — 102 102 
Total revenues$82,669 $43 $8,480 $91,192 
NOTE 3. REVENUE (Continued)

The amount of consideration we receive and revenue we recognize on our vehicles, parts, and accessories varies with changes in return rights and marketing incentives we offer to our customers and their customers. Estimates of marketing incentives are based on expected retail and fleet sales volumes, mix of products to be sold, and incentive programs to be offered. Customer acceptance of products and programs, as well as other market conditions, will impact these estimates. As a result of changes in our estimate of marketing incentives, we recorded a decrease in revenue of $454 million in the third quarter of 2019 and an increase in revenue of $168 million in the third quarter of 2020 related to revenue recognized in prior periods.

We sell separately-priced service contracts that extend mechanical and maintenance coverages beyond our base warranty agreements to vehicle owners (“extended service contracts”). We had a balance of $4.2 billion and $4.1 billion of unearned revenue associated with outstanding contracts reported in Other liabilities and deferred revenue at December 31, 2019 and September 30, 2020, respectively. We expect to recognize approximately $300 million of the unearned amount in the remainder of 2020, $1.2 billion in 2021, and $2.6 billion thereafter. We recognized $274 million and $295 million of unearned amounts as revenue during the third quarter of 2019 and 2020, respectively, and $864 million and $901 million in the first nine months of 2019 and 2020, respectively.

Amounts paid to dealers to obtain these contracts are deferred and recorded as Other assets. We had a balance of $270 million and $278 million in deferred costs as of December 31, 2019 and September 30, 2020, respectively. We recognized $17 million and $20 million of amortization during the third quarter of 2019 and 2020, respectively, and $56 million and $59 million in the first nine months of 2019 and 2020, respectively.