Finance Receivables (Tables)

6 Months Ended

Jun. 30, 2018

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



	December 31, 2017			June 30, 2018
Consumer
Retail financing, gross	$	78,467		$	78,961
Unearned interest supplements from Ford and affiliated companies	(3,280		)	(3,245		)
Consumer finance receivables	75,187			75,716

Non-Consumer
Dealer financing	39,241			38,955
Other financing	2,172			1,809
Non-Consumer finance receivables	41,413			40,764
Total recorded investment	$	116,600		$	116,480

Recorded investment in finance receivables	$	116,600		$	116,480
Allowance for credit losses	(597		)	(587		)
Finance receivables, net	$	116,003		$	115,893

Net finance receivables subject to fair value (a)	$	112,717		$	112,333
Fair value	112,133			111,704

__________


(a)	At December 31, 2017 and June 30, 2018, Finance receivables, net includes $3.3 billion and $3.6 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, 2017		June 30, 2018
Consumer
31-60 days past due	$	748	$	730
61-90 days past due	113		120
91-120 days past due	36		37
Greater than 120 days past due	37		40
Total past due	934		927
Current	74,253		74,789
Consumer finance receivables	75,187		75,716

Non-Consumer
Total past due	122		70
Current	41,291		40,694
Non-Consumer finance receivables	41,413		40,764
Total recorded investment	$	116,600	$	116,480

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