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Segment Information (Tables)
 9 Months Ended
Sep. 30, 2012
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Key operating data for our business segments for the periods ended or at September 30 were as follows (in millions):
 
 
 
 
 
Unallocated/Eliminations
 
 
 
North
America
Segment
 
International
Segment
 
Unallocated
Risk Management
 
Effect of
Unearned
 Interest
Supplements
 
Total Unallocated/Eliminations
 
Total
Third Quarter 2012
 
 
 
 
 
 
 
 
 
 
 
Total revenue (a)
$
1,636

 
$
437

 
$
(4
)
 
$
—

 
$
(4
)
 
$
2,069

Income/(Loss) before income taxes
334

 
63

 
(4
)
 
—

 
(4
)
 
393

Other disclosures
 
 
 
 
 
 
 
 
 
 
 
Depreciation on vehicles subject to operating leases
550

 
90

 
—

 
—

 
—

 
640

Interest expense
551

 
190

 
—

 
—

 
—

 
741

Provision for credit losses
41

 
1

 
—

 
—

 
—

 
42

 
 
 
 
 
 
 
 
 
 
 
 
Third Quarter 2011
 
 
 
 
 
 
 
 
 
 
 
Total revenue (a)
$
1,678

 
$
499

 
$
29

 
$
—

 
$
29

 
$
2,206

Income/(Loss) before income taxes
465

 
84

 
32

 
—

 
32

 
581

Other disclosures
 

 
 

 
 

 
 

 
 
 
 
Depreciation on vehicles subject to operating leases
381

 
83

 
—

 
—

 
—

 
464

Interest expense
655

 
236

 
(3
)
 
—

 
(3
)
 
888

Provision for credit losses
(12
)
 
(8
)
 
—

 
—

 
—

 
(20
)
__________
(a)
Represents Total financing revenue, Insurance premiums earned, and Other income, net.
















FORD MOTOR CREDIT COMPANY LLC AND SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS

NOTE 13. SEGMENT INFORMATION (Continued)

 
 
 
 
 
Unallocated/Eliminations
 
 
 
North
America
Segment
 
International
Segment
 
Unallocated
Risk Management
 
Effect of
Unearned
 Interest
Supplements
 
Total Unallocated/Eliminations
 
Total
First Nine Months 2012
 
 
 
 
 
 
 
 
 
 
 
Total revenue (a)(b)
$
4,885

 
$
1,370

 
$
(99
)
 
$
—

 
$
(99
)
 
$
6,156

Income/(Loss) before income taxes (b)
1,173

 
202

 
(92
)
 
—

 
(92
)
 
1,283

Other disclosures
 
 
 
 
 
 
 
 
 
 
 
Depreciation on vehicles subject to operating leases
1,547

 
261

 
—

 
—

 
—

 
1,808

Interest expense
1,704

 
622

 
(8
)
 
—

 
(8
)
 
2,318

Provision for credit losses
(33
)
 
—

 
—

 
—

 
—

 
(33
)
Net finance receivables and net investment in operating leases (b)
70,335

 
16,688

 
—

 
(1,557
)
 
(1,557
)
 
85,466

Total assets (b)
81,521

 
21,363

 
—

 
(1,557
)
 
(1,557
)
 
101,327

 
 
 
 
 
 
 
 
 
 
 
 
First Nine Months 2011
 
 
 
 
 
 
 
 
 
 
 
Total revenue (a)
$
5,076

 
$
1,591

 
$
(81
)
 
$
—

 
$
(81
)
 
$
6,586

Income/(Loss) before income taxes
1,723

 
251

 
(76
)
 
—

 
(76
)
 
1,898

Other disclosures
 
 
 
 
 
 
 
 
 
 
 
Depreciation on vehicles subject to operating leases
1,042

 
194

 
—

 
—

 
—

 
1,236

Interest expense
1,839

 
842

 
(5
)
 
—

 
(5
)
 
2,676

Provision for credit losses
(103
)
 
(6
)
 
—

 
—

 
—

 
(109
)
Net finance receivables and net investment in operating leases
63,011

 
18,858

 
—

 
(1,749
)
 
(1,749
)
 
80,120

Total assets
75,308

 
23,924

 
—

 
(1,749
)
 
(1,749
)
 
97,483

__________
(a)
Represents Total financing revenue, Insurance premiums earned, and Other income, net.
(b)
In the second quarter of 2012, we recorded a $37 million unfavorable cumulative pre-tax accounting adjustment to correct the amortization of interest supplements for certain International retail finance contracts, which decreased Interest supplements and other support costs earned from affiliated companies and decreased Finance receivables, net. The impact of the accounting adjustment on our previously issued annual and interim financial statements was not material.