Finance Receivables (Tables)

3 Months Ended

Mar. 31, 2019

Financing Receivables [Line Items]

Sales-type and direct finance leases [Table Text Block]

The reconciliation from our finance lease receivables to our finance leases, gross and our finance leases, net is as follows (in millions):

	March 31, 2019
Finance lease receivables	$	6,168
Unguaranteed residual assets	2,713
Initial direct costs	131
Finance leases, gross	9,012
Unearned interest supplements from Ford and affiliated companies	(340		)
Allowance for credit losses	(17		)
Finance leases, net	$	8,655

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

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

	December 31, 2018			March 31, 2019
Consumer
Retail installment contracts, gross	$	70,999		$	69,380
Finance leases, gross	8,748			9,012
Retail financing, gross	79,747			78,392
Unearned interest supplements from Ford and affiliated companies	(3,508		)	(3,478		)
Consumer finance receivables	76,239			74,914
Non-Consumer
Dealer financing	40,996			42,804
Other financing	2,168			2,045
Non-Consumer finance receivables	43,164			44,849
Total recorded investment	$	119,403		$	119,763
Recorded investment in finance receivables	$	119,403		$	119,763
Allowance for credit losses	(589		)	(513		)
Finance receivables, net	$	118,814		$	119,250
Net finance receivables subject to fair value (a)	$	110,388		$	110,595
Fair value (b)	109,794			110,296

__________

(a) Net finance receivables subject to fair value exclude finance leases.  Previously, certain consumer financing products in Europe were classified as retail installment contracts.  We now classify these products as finance leases.  Comparative information has been revised to reflect this change. 

(b) The fair value of finance receivables is categorized within Level 3 of the fair value hierarchy.

Schedule of Aging Analysis for Total Finance Receivables [Table Text Block]

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

	December 31, 2018		March 31, 2019
Consumer
31-60 days past due	$	859	$	563
61-90 days past due	123		82
91-120 days past due	39		34
Greater than 120 days past due	39		40
Total past due	1,060		719
Current	75,179		74,195
Consumer finance receivables	76,239		74,914
Non-Consumer
Total past due	76		81
Current	43,088		44,768
Non-Consumer finance receivables	43,164		44,849
Total recorded investment	$	119,403	$	119,763

Non-Consumer Segment [Member]

Financing Receivables [Line Items]

Schedule of Financing Receivable Credit Quality Indicators [Table Text Block]

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

	December 31, 2018		March 31, 2019
Dealer financing
Group I	$	33,656	$	35,403
Group II	5,635		5,744
Group III	1,576		1,533
Group IV	129		124
Total recorded investment	$	40,996	$	42,804