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Derivative Financial Instruments and Hedging Activities (Tables)
 12 Months Ended
Dec. 31, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]
The following table summarizes by hedge designation the pre-tax gains/(losses) recognized in income for the years ended December 31 (in millions):
 
2013
 
2012
 
2011
Fair value hedges
 
 
 
 
 
Interest rate contracts
 
 
 
 
 
Net interest settlements and accruals excluded from the assessment of hedge effectiveness
$
254

 
$
177

 
$
217

Ineffectiveness (a)
(44
)
 
16

 
(30
)
Total
$
210

 
$
193

 
$
187

 
 
 
 
 
 
Derivatives not designated as hedging instruments
 
 
 
 
 
Interest rate contracts
$
(28
)
 
$
(33
)
 
$
(25
)
Foreign currency exchange contracts (b)
12

 
(104
)
 
28

Cross-currency interest rate swap contracts (b)
(88
)
 
(150
)
 
(3
)
Other (c)
—

 
(81
)
 
65

Total
$
(104
)
 
$
(368
)
 
$
65

__________
(a)
For 2013, 2012, and 2011, hedge ineffectiveness reflects change in fair value on derivatives of $658 million loss, $228 million gain, and $433 million gain, respectively, and change in value on hedged debt attributable to the change in benchmark interest rate of $614 million gain, $212 million loss, and $463 million loss, respectively.
(b)
Gains/(Losses) related to foreign currency derivatives were mostly offset by net revaluation impacts on foreign denominated debt, which were also recorded in Other income, net.
(c)
Reflects gains/(losses) for derivative features included in the Ford Upgrade Exchange Linked (“FUEL”) notes (see Note 16).
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
The following table summarizes the notional amount and estimated fair value of our derivative financial instruments (in millions):
 
December 31, 2013
 
December 31, 2012
 
Notional
 
Fair Value of Assets
 
Fair Value of Liabilities
 
Notional
 
Fair Value of Assets
 
Fair Value of Liabilities
Fair value hedges
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
$
18,778

 
$
360

 
$
179

 
$
16,754

 
$
787

 
$
8

 
 
 
 
 
 
 
 
 
 
 
 
Derivatives not designated as hedging instruments
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts
69,863

 
224

 
126

 
68,622

 
460

 
248

Foreign currency exchange contracts (a)
2,410

 
1

 
25

 
1,987

 
9

 
27

Cross-currency interest rate swap contracts
2,620

 
—

 
176

 
3,006

 
—

 
117

Total derivatives not designated as hedging instruments
74,893

 
225

 
327

 
73,615

 
469

 
392

Total derivative financial instruments
$
93,671

 
$
585

 
$
506

 
$
90,369

 
$
1,256

 
$
400

__________
(a)
Includes forward contracts between Ford Credit and an affiliated company.
Offsetting Derivative Assets and Liabilities [Table Text Block]
The gross and net amounts of derivative assets and liabilities were as follows (in millions):

 
December 31, 2013
 
December 31, 2012
 
Fair Value of Assets
 
Fair Value of Liabilities
 
Fair Value of Assets
 
Fair Value of Liabilities
Gross derivative amounts recognized in the balance sheet
$
585

 
$
506

 
$
1,256

 
$
400

Gross derivative amounts not offset in the balance sheet that are eligible for offsetting
(296
)
 
(296
)
 
(225
)
 
(225
)
Net amount
$
289

 
$
210

 
$
1,031

 
$
175