Finance Receivables (Tables)

9 Months Ended

Sep. 30, 2017

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



	December 31, 2016			September 30, 2017
Consumer
Retail financing, gross	$	68,121		$	75,592
Unearned interest supplements from Ford and affiliated companies	(2,783		)	(3,136		)
Consumer finance receivables	65,338			72,456

Non-Consumer
Dealer financing	36,951			36,818
Other financing	1,176			1,898
Non-Consumer finance receivables	38,127			38,716
Total recorded investment	$	103,465		$	111,172

Recorded investment in finance receivables	$	103,465		$	111,172
Allowance for credit losses	(484		)	(575		)
Finance receivables, net	$	102,981		$	110,597

Net finance receivables subject to fair value (a)	$	100,857		$	107,506
Fair value	101,576			107,286

__________


(a)	At December 31, 2016 and September 30, 2017, Finance receivables, net includes $2.1 billion and $3.1 billion, respectively, of 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):



	December 31, 2016		September 30, 2017
Consumer
31-60 days past due	$	760	$	682
61-90 days past due	114		111
91-120 days past due	34		40
Greater than 120 days past due	39		37
Total past due	947		870
Current	64,391		71,586
Consumer finance receivables	65,338		72,456

Non-Consumer
Total past due	107		135
Current	38,020		38,581
Non-Consumer finance receivables	38,127		38,716
Total recorded investment	$	103,465	$	111,172

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