Finance Receivables (Tables)

9 Months Ended

Sep. 30, 2016

Finance receivables, net were as follows (in millions):



	September 30, 2016			December 31, 2015
Consumer
Retail financing, gross	$	67,894		$	62,068
Unearned interest supplements from Ford and affiliated companies	(2,785		)	(2,119		)
Consumer finance receivables	65,109			59,949

Non-Consumer
Dealer financing	35,226			36,037
Other financing	1,034			1,210
Non-Consumer finance receivables	36,260			37,247
Total recorded investment	$	101,369		$	97,196

Recorded investment in finance receivables	$	101,369		$	97,196
Allowance for credit losses	(478		)	(373		)
Finance receivables, net	$	100,891		$	96,823

Net finance receivables subject to fair value (a)	$	98,760		$	95,008
Fair value	100,054			96,180

__________


(a)	At September 30, 2016 and December 31, 2015, excludes $2.1 billion and $1.8 billion, respectively, of certain receivables (primarily direct financing leases) that are not subject to fair value disclosure requirements. The fair value of finance receivables is categorized within Level 3 of the fair value hierarchy.

The aging analysis of finance receivables balances was as follows (in millions):



	September 30, 2016		December 31, 2015
Consumer
31-60 days past due	$	652	$	708
61-90 days past due	112		108
91-120 days past due	36		27
Greater than 120 days past due	39		38
Total past due	839		881
Current	64,270		59,068
Consumer finance receivables	65,109		59,949

Non-Consumer
Total past due	71		116
Current	36,189		37,131
Non-Consumer finance receivables	36,260		37,247
Total recorded investment	$	101,369	$	97,196

The credit quality analysis of our dealer financing receivables was as follows (in millions):