XML 29 R37.htm IDEA: XBRL DOCUMENT v2.4.1.9
Allowance for Credit Losses (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Dec. 31, 2014
Total allowance      
Beginning balance $ 359fmcc_FinancingAndLoansAndLeasesReceivableAllowance $ 380fmcc_FinancingAndLoansAndLeasesReceivableAllowance  
Charge-offs (109)fmcc_FinancingAndLoansAndLeasesReceivableAllowanceWriteOffs (105)fmcc_FinancingAndLoansAndLeasesReceivableAllowanceWriteOffs  
Recoveries 47fmcc_FinancingAndLoansAndLeasesReceivableAllowanceRecoveriesOfBadDebts 53fmcc_FinancingAndLoansAndLeasesReceivableAllowanceRecoveriesOfBadDebts  
Provision for credit losses 67us-gaap_ProvisionForLoanAndLeaseLosses 31us-gaap_ProvisionForLoanAndLeaseLosses  
Other (9)fmcc_FinancingAndLoansAndLeasesReceivableAllowanceOther (1)fmcc_FinancingAndLoansAndLeasesReceivableAllowanceOther  
Ending balance 355fmcc_FinancingAndLoansAndLeasesReceivableAllowance 358fmcc_FinancingAndLoansAndLeasesReceivableAllowance  
Analysis of Ending Balance of Finance Receivables and Net Investment in Operating Leases [Abstract]      
Collective impairment allowance 333fmcc_FinancingAndLoansAndLeasesReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment 332fmcc_FinancingAndLoansAndLeasesReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment  
Specific impairment allowance 22fmcc_FinancingAndLoansAndLeasesReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment 26fmcc_FinancingAndLoansAndLeasesReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment  
Ending balance 355fmcc_FinancingAndLoansAndLeasesReceivableAllowance 358fmcc_FinancingAndLoansAndLeasesReceivableAllowance  
Allowance for credit losses, finance receivables      
Beginning balance 321us-gaap_FinancingReceivableAllowanceForCreditLosses 357us-gaap_FinancingReceivableAllowanceForCreditLosses  
Charge-offs (79)us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs (77)us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs  
Recoveries 32us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery 39us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery  
Provision for credit losses 49us-gaap_ProvisionForLoanLeaseAndOtherLosses 16us-gaap_ProvisionForLoanLeaseAndOtherLosses  
Other (9)fmcc_FinancingReceivableAllowanceForCreditLossesOther (1)fmcc_FinancingReceivableAllowanceForCreditLossesOther  
Ending balance 314us-gaap_FinancingReceivableAllowanceForCreditLosses 334us-gaap_FinancingReceivableAllowanceForCreditLosses  
Analysis of ending balance of allowance for credit losses, finance receivables      
Collective impairment allowance 292us-gaap_FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment 308us-gaap_FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment  
Specific impairment allowance 22us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1 26us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1  
Ending balance 314us-gaap_FinancingReceivableAllowanceForCreditLosses 334us-gaap_FinancingReceivableAllowanceForCreditLosses  
Analysis of ending balance of finance receivables      
Collectively evaluated for impairment 86,288us-gaap_FinancingReceivableCollectivelyEvaluatedForImpairment 83,864us-gaap_FinancingReceivableCollectivelyEvaluatedForImpairment  
Specifically evaluated for impairment 524us-gaap_FinancingReceivableIndividuallyEvaluatedForImpairment 516us-gaap_FinancingReceivableIndividuallyEvaluatedForImpairment  
Financing Receivables 86,812us-gaap_NotesReceivableGross 84,380us-gaap_NotesReceivableGross 87,236us-gaap_NotesReceivableGross
Ending balance, net of allowance for credit losses 86,498us-gaap_NotesReceivableNet 84,046us-gaap_NotesReceivableNet 86,915us-gaap_NotesReceivableNet
Allowance for credit losses, net investment in operating leases      
Beginning balance 38us-gaap_LoansAndLeasesReceivableAllowance 23us-gaap_LoansAndLeasesReceivableAllowance  
Charge-offs (30)us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs (28)us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs  
Recoveries 15us-gaap_AllowanceForLoanAndLeaseLossRecoveryOfBadDebts 14us-gaap_AllowanceForLoanAndLeaseLossRecoveryOfBadDebts  
Other 0fmcc_AllowanceForLoanAndLeaseLossesOther 0fmcc_AllowanceForLoanAndLeaseLossesOther  
Ending balance 41us-gaap_LoansAndLeasesReceivableAllowance 24us-gaap_LoansAndLeasesReceivableAllowance  
Analysis of ending balance of allowance for credit losses, net investment in operating leases      
Collective impairment allowance 41fmcc_LoansAndLeaseAllowanceForCreditLossesCollectivelyEvaluatedForImpairment 24fmcc_LoansAndLeaseAllowanceForCreditLossesCollectivelyEvaluatedForImpairment  
Specific impairment allowance 0fmcc_LoansAndLeaseAllowanceForCreditLossesIndividuallyEvaluatedForImpairment 0fmcc_LoansAndLeaseAllowanceForCreditLossesIndividuallyEvaluatedForImpairment  
Ending balance 41us-gaap_LoansAndLeasesReceivableAllowance 24us-gaap_LoansAndLeasesReceivableAllowance  
Analysis of ending balance of net investment in operating leases      
Collectively evaluated for impairment 22,025fmcc_LoansAndLeasesReceivableCollectivelyEvaluatedForImpairment 18,856fmcc_LoansAndLeasesReceivableCollectivelyEvaluatedForImpairment  
Individually evaluated for impairment 0fmcc_LoansAndLeasesReceivableIndividuallyEvaluatedForImpairment 0fmcc_LoansAndLeasesReceivableIndividuallyEvaluatedForImpairment  
Net investment in operating leases before allowance for credit losses 22,025fmcc_InvestmentInOperatingLeasesNet 18,856fmcc_InvestmentInOperatingLeasesNet 21,556fmcc_InvestmentInOperatingLeasesNet
Ending balance, net investment in operating leases 21,984fmcc_NetInvestmentInOperatingLeases 18,832fmcc_NetInvestmentInOperatingLeases 21,518fmcc_NetInvestmentInOperatingLeases
Consumer Portfolio Segment [Member]      
Allowance for credit losses, finance receivables      
Beginning balance 305us-gaap_FinancingReceivableAllowanceForCreditLosses
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
327us-gaap_FinancingReceivableAllowanceForCreditLosses
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
 
Charge-offs (80)us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
(75)us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
 
Recoveries 30us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
34us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
 
Provision for credit losses 53us-gaap_ProvisionForLoanLeaseAndOtherLosses
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
23us-gaap_ProvisionForLoanLeaseAndOtherLosses
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
 
Other (7)fmcc_FinancingReceivableAllowanceForCreditLossesOther
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
(2)fmcc_FinancingReceivableAllowanceForCreditLossesOther
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
 
Ending balance 301us-gaap_FinancingReceivableAllowanceForCreditLosses
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
307us-gaap_FinancingReceivableAllowanceForCreditLosses
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
 
Analysis of ending balance of allowance for credit losses, finance receivables      
Collective impairment allowance 280us-gaap_FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
284us-gaap_FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
 
Specific impairment allowance 21us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
23us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
 
Ending balance 301us-gaap_FinancingReceivableAllowanceForCreditLosses
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
307us-gaap_FinancingReceivableAllowanceForCreditLosses
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
 
Analysis of ending balance of finance receivables      
Collectively evaluated for impairment 53,135us-gaap_FinancingReceivableCollectivelyEvaluatedForImpairment
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
50,115us-gaap_FinancingReceivableCollectivelyEvaluatedForImpairment
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
 
Specifically evaluated for impairment 396us-gaap_FinancingReceivableIndividuallyEvaluatedForImpairment
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
424us-gaap_FinancingReceivableIndividuallyEvaluatedForImpairment
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
 
Financing Receivables 53,531us-gaap_NotesReceivableGross
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
50,539us-gaap_NotesReceivableGross
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
 
Ending balance, net of allowance for credit losses 53,230us-gaap_NotesReceivableNet
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
50,232us-gaap_NotesReceivableNet
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ConsumerPortfolioSegmentMember
 
Commercial Portfolio Segment [Member]      
Allowance for credit losses, finance receivables      
Beginning balance 16us-gaap_FinancingReceivableAllowanceForCreditLosses
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
30us-gaap_FinancingReceivableAllowanceForCreditLosses
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
 
Charge-offs 1us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
(2)us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
 
Recoveries 2us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
5us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
 
Provision for credit losses (4)us-gaap_ProvisionForLoanLeaseAndOtherLosses
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
(7)us-gaap_ProvisionForLoanLeaseAndOtherLosses
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
 
Other (2)fmcc_FinancingReceivableAllowanceForCreditLossesOther
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
1fmcc_FinancingReceivableAllowanceForCreditLossesOther
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
 
Ending balance 13us-gaap_FinancingReceivableAllowanceForCreditLosses
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
27us-gaap_FinancingReceivableAllowanceForCreditLosses
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
 
Analysis of ending balance of allowance for credit losses, finance receivables      
Collective impairment allowance 12us-gaap_FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
24us-gaap_FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
 
Specific impairment allowance 1us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
3us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
 
Ending balance 13us-gaap_FinancingReceivableAllowanceForCreditLosses
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
27us-gaap_FinancingReceivableAllowanceForCreditLosses
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
 
Analysis of ending balance of finance receivables      
Collectively evaluated for impairment 33,153us-gaap_FinancingReceivableCollectivelyEvaluatedForImpairment
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
33,749us-gaap_FinancingReceivableCollectivelyEvaluatedForImpairment
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
 
Specifically evaluated for impairment 128us-gaap_FinancingReceivableIndividuallyEvaluatedForImpairment
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
92us-gaap_FinancingReceivableIndividuallyEvaluatedForImpairment
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
 
Financing Receivables 33,281us-gaap_NotesReceivableGross
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
33,841us-gaap_NotesReceivableGross
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
 
Ending balance, net of allowance for credit losses 33,268us-gaap_NotesReceivableNet
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
33,814us-gaap_NotesReceivableNet
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_CommercialPortfolioSegmentMember
 
Net Investment in Operating Leases [Member]      
Allowance for credit losses, finance receivables      
Provision for credit losses $ 18us-gaap_ProvisionForLoanLeaseAndOtherLosses
/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis
= fmcc_NetInvestmentInOperatingLeasesMember
$ 15us-gaap_ProvisionForLoanLeaseAndOtherLosses
/ us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis
= fmcc_NetInvestmentInOperatingLeasesMember