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Debt and Commitments (Tables)
 12 Months Ended
Dec. 31, 2024
Debt Instrument [Line Items]  
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]
The carrying value of Company debt excluding Ford Credit and Ford Credit debt at December 31 was as follows (in millions):
Interest Rates
Average Contractual Average Effective (a)
Company excluding Ford Credit202320242023202420232024
Debt payable within one year  
Short-term$362 $632 3.2 %4.0 %3.2 %4.0 %
Long-term payable within one year 
U.K. Export Finance Program— 784 
Public unsecured debt securities— 176 
Other debt (including finance leases)117 176 
Unamortized (discount)/premium(2)(11)
Unamortized issuance costs— (1)
Total debt payable within one year477 1,756 
Long-term debt payable after one year 
Public unsecured debt securities14,935 14,759 
Convertible notes2,300 2,300 
U.K. Export Finance Program1,749 940 
Other debt (including finance leases)811 1,160 
Unamortized (discount)/premium(155)(109)
Unamortized issuance costs
(173)(152)
Total long-term debt payable after one year
19,467 18,898 5.1 %(b)5.1 %(b)5.3 %(b)5.3 %(b)
Total Company excluding Ford Credit$19,944 $20,654 
Fair value of Company debt excluding Ford Credit (c)$19,775 $20,178 
Ford Credit  
Debt payable within one year  
Short-term$18,658 $17,413 5.3 %4.7 %5.3 %4.7 %
Long-term payable within one year 
Unsecured debt11,755 12,871 
Asset-backed debt18,851 23,050 
Unamortized (discount)/premium(1)2 
Unamortized issuance costs
(13)(18)
Fair value adjustments (d)(58)(125)
Total debt payable within one year49,192 53,193 
Long-term debt payable after one year
Unsecured debt45,435 49,607 
Asset-backed debt36,074 36,224 
Unamortized (discount)/premium10 (20)
Unamortized issuance costs
(224)(217)
Fair value adjustments (d)(1,200)(919)
Total long-term debt payable after one year80,095 84,675 4.7 %(b)4.8 %(b)4.7 %(b)4.8 %(b)
Total Ford Credit$129,287 $137,868 
Fair value of Ford Credit debt (c)$130,533 $140,046 
__________
(a)Average effective rates reflect the average contractual interest rate plus amortization of discounts, premiums, and issuance costs.
(b)Includes interest on long-term debt payable within one year and after one year.
(c)At December 31, 2023 and 2024, the fair value of debt includes $362 million and $632 million of Company excluding Ford Credit short-term debt, respectively, and $15.5 billion and $16.2 billion of Ford Credit short-term debt, respectively, carried at cost, which approximates fair value. All other debt is categorized within Level 2 of the fair value hierarchy.
(d)These adjustments are related to hedging activity and include discontinued hedging relationship adjustments of $(681) million and $(450) million at December 31, 2023 and 2024, respectively. The carrying value of hedged debt was $38.7 billion and $41.1 billion at December 31, 2023 and 2024, respectively.
Schedule of Maturities of Long-term Debt [Table Text Block]
Debt maturities at December 31, 2024 were as follows (in millions):
 20252026202720282029ThereafterAdjustmentsTotal Debt Maturities
Company excluding Ford Credit       
Public unsecured debt securities$176 $3,972 $— $550 $202 $12,335 $(217)$17,018 
Short-term and other debt1,592 135 1,049 94 96 726 (56)3,636 
Total$1,768 $4,107 $1,049 $644 $298 $13,061 $(273)$20,654 
Ford Credit       
Unsecured debt$29,084 $12,879 $11,467 $6,786 $6,414 $12,061 $(1,235)$77,456 
Asset-backed debt24,250 19,491 8,759 5,358 2,616 — (62)60,412 
Total$53,334 $32,370 $20,226 $12,144 $9,030 $12,061 $(1,297)$137,868 
Schedule of debt outstanding [Table Text Block]
Our public unsecured debt securities outstanding at December 31 were as follows (in millions):
 Aggregate Principal Amount Outstanding
Title of Security20232024
7 1/8% Debentures due November 15, 2025$176 $176 
0.00% Notes due March 15, 2026
2,300 2,300 
7 1/2% Debentures due August 1, 2026172 172 
4.346% Notes due December 8, 2026
1,500 1,500 
6 5/8% Debentures due February 15, 2028104 104 
6 5/8% Debentures due October 1, 2028 (a) 
446 446 
6 3/8% Debentures due February 1, 2029 (a) 
202 202 
9.30% Notes due March 1, 2030
294 294 
9.625% Notes due April 22, 2030
432 432 
7.45% GLOBLS due July 16, 2031 (a) 
1,070 1,070 
8.900% Debentures due January 15, 2032
108 108 
3.25% Notes due February 12, 2032
2,500 2,500 
9.95% Debentures due February 15, 2032
4 4 
6.10% Notes due August 19, 2032
1,750 1,750 
4.75% Notes due January 15, 2043
2,000 2,000 
7.75% Debentures due June 15, 2043
73 73 
7.40% Debentures due November 1, 2046
398 398 
5.291% Notes due December 8, 2046
1,300 1,300 
9.980% Debentures due February 15, 2047
114 114 
6.20% Notes due June 1, 2059
750 750 
6.00% Notes due December 1, 2059
800 800 
6.50% Notes due August 15, 2062
600 600 
7.70% Debentures due May 15, 2097
142 142 
Total public unsecured debt securities$17,235 $17,235 
__________
(a)    Listed on the Luxembourg Exchange and on the Singapore Exchange.
Assets And Liabilities Related To Secured Debt Arrangements Disclosure Text Block
The assets and liabilities related to our asset-backed debt arrangements included in our consolidated financial statements at December 31 were as follows (in billions):
 20232024
Assets
Cash and cash equivalents$2.7 $3.0 
Finance receivables, net66.8 71.6 
Net investment in operating leases11.2 13.3 
Liabilities
Debt (a)$58.0 $60.4 
__________
(a)Debt is net of unamortized discount and issuance costs.