XML 44 R45.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt (Details) (USD $)
Mar. 31, 2015
Dec. 31, 2014
Debt Instrument [Line Items]    
Average Contractual (interest rate) 2.50%fmcc_DebtInstrumentInterestRateStatedPercentageAverageContractual 2.60%fmcc_DebtInstrumentInterestRateStatedPercentageAverageContractual
Average Effective (interest rate) 2.60%us-gaap_DebtWeightedAverageInterestRate 2.70%us-gaap_DebtWeightedAverageInterestRate
Notes payable after one year $ 71,492,000,000us-gaap_LongTermDebtAndCapitalLeaseObligations $ 67,685,000,000us-gaap_LongTermDebtAndCapitalLeaseObligations
Unamortized discount (45,000,000)us-gaap_DebtInstrumentUnamortizedDiscountPremiumNet (51,000,000)us-gaap_DebtInstrumentUnamortizedDiscountPremiumNet
Adjustment Fair Value Hedging Instruments Unsecured Debt 619,000,000fmcc_AdjustmentFairValueHedgingInstrumentsUnsecuredDebt 428,000,000fmcc_AdjustmentFairValueHedgingInstrumentsUnsecuredDebt
Total debt 109,076,000,000us-gaap_DebtAndCapitalLeaseObligations 105,037,000,000us-gaap_DebtAndCapitalLeaseObligations
Fair value of debt 111,268,000,000us-gaap_DebtInstrumentFairValue 107,190,000,000us-gaap_DebtInstrumentFairValue
Accrued interest included in fair value of debt 553,000,000fmcc_InterestPayableFairValueDisclosure 586,000,000fmcc_InterestPayableFairValueDisclosure
Fair value of short-term debt 10,100,000,000fmcc_ShortTermDebtCarryingValueFairValue 9,800,000,000fmcc_ShortTermDebtCarryingValueFairValue
Floating Rate Demand Notes [Member]    
Debt Instrument [Line Items]    
Total short-term debt 5,731,000,000us-gaap_ShortTermBorrowings
/ fmcc_DebtTypeAxis
= fmcc_FloatingRateDemandNotesMember
5,559,000,000us-gaap_ShortTermBorrowings
/ fmcc_DebtTypeAxis
= fmcc_FloatingRateDemandNotesMember
Unsecured commercial paper [Member]    
Debt Instrument [Line Items]    
Total short-term debt 1,986,000,000us-gaap_ShortTermBorrowings
/ fmcc_DebtTypeAxis
= us-gaap_CommercialPaperMember
1,651,000,000us-gaap_ShortTermBorrowings
/ fmcc_DebtTypeAxis
= us-gaap_CommercialPaperMember
Other short-term debt [Member]    
Debt Instrument [Line Items]    
Total short-term debt 2,340,000,000us-gaap_ShortTermBorrowings
/ fmcc_DebtTypeAxis
= us-gaap_NotesPayableOtherPayablesMember
2,564,000,000us-gaap_ShortTermBorrowings
/ fmcc_DebtTypeAxis
= us-gaap_NotesPayableOtherPayablesMember
Asset-backed Securities [Member]    
Debt Instrument [Line Items]    
Total short-term debt 1,541,000,000us-gaap_ShortTermBorrowings
/ fmcc_DebtTypeAxis
= us-gaap_AssetBackedSecuritiesMember
1,377,000,000us-gaap_ShortTermBorrowings
/ fmcc_DebtTypeAxis
= us-gaap_AssetBackedSecuritiesMember
Notes payable within one year 17,567,000,000us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
/ fmcc_DebtTypeAxis
= us-gaap_AssetBackedSecuritiesMember
16,722,000,000us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
/ fmcc_DebtTypeAxis
= us-gaap_AssetBackedSecuritiesMember
Notes payable after one year 25,999,000,000us-gaap_LongTermDebtAndCapitalLeaseObligations
/ fmcc_DebtTypeAxis
= us-gaap_AssetBackedSecuritiesMember
25,197,000,000us-gaap_LongTermDebtAndCapitalLeaseObligations
/ fmcc_DebtTypeAxis
= us-gaap_AssetBackedSecuritiesMember
Total debt 45,107,000,000us-gaap_DebtAndCapitalLeaseObligations
/ fmcc_DebtTypeAxis
= us-gaap_AssetBackedSecuritiesMember
 
Total short-term debt [Member]    
Debt Instrument [Line Items]    
Average Contractual (interest rate) 1.80%fmcc_DebtInstrumentInterestRateStatedPercentageAverageContractual
/ fmcc_DebtTypeAxis
= us-gaap_ShortTermDebtMember
1.90%fmcc_DebtInstrumentInterestRateStatedPercentageAverageContractual
/ fmcc_DebtTypeAxis
= us-gaap_ShortTermDebtMember
Average Effective (interest rate) 1.80%us-gaap_DebtWeightedAverageInterestRate
/ fmcc_DebtTypeAxis
= us-gaap_ShortTermDebtMember
1.90%us-gaap_DebtWeightedAverageInterestRate
/ fmcc_DebtTypeAxis
= us-gaap_ShortTermDebtMember
Total short-term debt 11,598,000,000us-gaap_ShortTermBorrowings
/ fmcc_DebtTypeAxis
= us-gaap_ShortTermDebtMember
11,151,000,000us-gaap_ShortTermBorrowings
/ fmcc_DebtTypeAxis
= us-gaap_ShortTermDebtMember
Unsecured Debt [Member]    
Debt Instrument [Line Items]    
Notes payable within one year 7,845,000,000us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
/ fmcc_DebtTypeAxis
= us-gaap_UnsecuredDebtMember
9,102,000,000us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
/ fmcc_DebtTypeAxis
= us-gaap_UnsecuredDebtMember
Notes payable after one year 45,493,000,000us-gaap_LongTermDebtAndCapitalLeaseObligations
/ fmcc_DebtTypeAxis
= us-gaap_UnsecuredDebtMember
42,488,000,000us-gaap_LongTermDebtAndCapitalLeaseObligations
/ fmcc_DebtTypeAxis
= us-gaap_UnsecuredDebtMember
Total debt 63,395,000,000us-gaap_DebtAndCapitalLeaseObligations
/ fmcc_DebtTypeAxis
= us-gaap_UnsecuredDebtMember
 
Total long-term debt [Member]    
Debt Instrument [Line Items]    
Average Contractual (interest rate) 2.60%fmcc_DebtInstrumentInterestRateStatedPercentageAverageContractual
/ fmcc_DebtTypeAxis
= us-gaap_LongTermDebtMember
2.70%fmcc_DebtInstrumentInterestRateStatedPercentageAverageContractual
/ fmcc_DebtTypeAxis
= us-gaap_LongTermDebtMember
Average Effective (interest rate) 2.70%us-gaap_DebtWeightedAverageInterestRate
/ fmcc_DebtTypeAxis
= us-gaap_LongTermDebtMember
2.80%us-gaap_DebtWeightedAverageInterestRate
/ fmcc_DebtTypeAxis
= us-gaap_LongTermDebtMember
Long-term Debt and Capital Lease Obligations, Including Current Maturities 97,478,000,000us-gaap_LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
/ fmcc_DebtTypeAxis
= us-gaap_LongTermDebtMember
93,886,000,000us-gaap_LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
/ fmcc_DebtTypeAxis
= us-gaap_LongTermDebtMember
Fixed Interest Rate [Member]    
Debt Instrument [Line Items]    
Notes payable after one year 51,962,000,000us-gaap_LongTermDebtAndCapitalLeaseObligations
/ fmcc_InterestRateTypeAxis
= fmcc_FixedInterestRateMember
49,148,000,000us-gaap_LongTermDebtAndCapitalLeaseObligations
/ fmcc_InterestRateTypeAxis
= fmcc_FixedInterestRateMember
Variable Interest Rate [Member]    
Debt Instrument [Line Items]    
Notes payable after one year $ 19,530,000,000us-gaap_LongTermDebtAndCapitalLeaseObligations
/ fmcc_InterestRateTypeAxis
= fmcc_VariableInterestRateMember
$ 18,537,000,000us-gaap_LongTermDebtAndCapitalLeaseObligations
/ fmcc_InterestRateTypeAxis
= fmcc_VariableInterestRateMember