Schedule of Valuation and Qualifying Accounts (Tables)

12 Months Ended

Dec. 31, 2021

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]

FORD MOTOR COMPANY AND SUBSIDIARIES

Schedule II — Valuation and Qualifying Accounts

(in millions)

Description	Balance at Beginning of Period		Charged to Costs and Expenses			Deductions			Balance at End of Period
For the Year Ended December 31, 2019
Allowances deducted from assets
Credit losses	$	592	$	310		$	372	(a)	$	530
Doubtful receivables	94		18			63		(b)	49
Inventories (primarily service part obsolescence)	373		89		(c)	—			462
Deferred tax assets	973		41		(d)	171			843
Total allowances deducted from assets	$	2,032	$	458		$	606		$	1,884
For the Year Ended December 31, 2020
Allowances deducted from assets
Credit losses	$	530	$	840		$	38	(a)	$	1,332
Doubtful receivables	49		28			20		(b)	57
Inventories (primarily service part obsolescence)	462		226		(c)	—			688
Deferred tax assets	843		1,301		(d)	163			1,981
Total allowances deducted from assets	$	1,884	$	2,395		$	221		$	4,058
For the Year Ended December 31, 2021
Allowances deducted from assets
Credit losses	$	1,332	$	(306)		$	100	(a)	$	926
Doubtful receivables	57		3			13		(b)	47
Inventories (primarily service part obsolescence)	688		36		(c)	—			724
Deferred tax assets	1,981		(670)		(d)	244			1,067
Total allowances deducted from assets	$	4,058	$	(937)		$	357		$	2,764

_________

(a)Finance receivables deemed to be uncollectible and other changes, principally amounts related to finance receivables sold and translation adjustments. For the year ended 2020, includes $(252) million related to the adoption of ASU 2016-13 for cumulative pre-tax adjustments recorded to retained earnings as of January 1, 2020.

(b)Accounts receivable deemed to be uncollectible as well as translation adjustments.

(c)Net change in inventory allowances, including translation adjustments.  

(d)Includes $(78) million, $(77) million, and $127 million in 2019, 2020, and 2021, respectively, of valuation allowances for deferred tax assets through Accumulated other comprehensive income/(loss), including translation adjustments and $(52) million, $1.2 billion, and $(797) million in 2019, 2020, and 2021, respectively, of valuation allowances for deferred tax assets through the income statement. The reversal in 2021 primarily reflects a change in our intent to pursue planning actions involving cash outlays to preserve tax credits.