XML 78 R55.htm IDEA: XBRL DOCUMENT v3.22.0.1
Net Investment in Operating Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases, Operating [Abstract]  
Schedule of Property Subject to or Available for Operating Lease [Table Text Block]
The net investment in operating leases at December 31 was as follows (in millions):
 20202021
Company excluding Ford Credit
Vehicles, net of depreciation$1,304 $1,194 
Ford Credit Segment
Vehicles and other equipment, at cost (a)32,486 29,982 
Accumulated depreciation(5,839)(4,815)
Total Ford Credit Segment26,647 25,167 
Total$27,951 $26,361 
__________
(a)Includes Ford Credit’s operating lease assets of $12.8 billion and $7.5 billion at December 31, 2020 and 2021, respectively, that have been included in securitization transactions.  These net investments in operating leases are available only for payment of the debt or other obligations issued or arising in the securitization transactions; they are not available to pay other obligations or the claims of other creditors.
Schedule of Operating Lease Expense [Table Text Block] Operating lease depreciation expense for the years ended December 31 was as follows (in millions):
 201920202021
Operating lease depreciation expense$3,635 $3,235 $1,626 
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] The amounts contractually due on operating leases at December 31, 2021 were as follows (in millions):
 2022202320242025ThereafterTotal
Operating lease payments$3,848 $2,278 $855 $138 $$7,126