Finance Receivables (Tables)

6 Months Ended

Jun. 30, 2019

Financing Receivables [Line Items]

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

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

	June 30, 2019
Finance lease receivables	$	6,197
Unguaranteed residual assets	2,661
Initial direct costs	126
Finance leases, gross	8,984
Unearned interest supplements from Ford and affiliated companies	(345		)
Allowance for credit losses	(17		)
Finance leases, net	$	8,622

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

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

	December 31, 2018			June 30, 2019
Consumer
Retail installment contracts, gross	$	70,999		$	68,846
Finance leases, gross	8,748			8,984
Retail financing, gross	79,747			77,830
Unearned interest supplements from Ford and affiliated companies	(3,508		)	(3,512		)
Consumer finance receivables	76,239			74,318
Non-Consumer
Dealer financing	40,996			40,144
Other financing	2,168			1,792
Non-Consumer finance receivables	43,164			41,936
Total recorded investment	$	119,403		$	116,254
Recorded investment in finance receivables	$	119,403		$	116,254
Allowance for credit losses	(589		)	(513		)
Finance receivables, net	$	118,814		$	115,741
Net finance receivables subject to fair value (a)	$	110,388		$	107,119
Fair value (b)	109,794			107,251

__________

(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 our finance receivables balances was as follows (in millions):

	December 31, 2018		June 30, 2019
Consumer
31-60 days past due	$	859	$	662
61-90 days past due	123		103
91-120 days past due	39		31
Greater than 120 days past due	39		39
Total past due	1,060		835
Current	75,179		73,483
Consumer finance receivables	76,239		74,318
Non-Consumer
Total past due	76		70
Current	43,088		41,866
Non-Consumer finance receivables	43,164		41,936
Total recorded investment	$	119,403	$	116,254

Non-Consumer Segment [Member]

Financing Receivables [Line Items]

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

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

	December 31, 2018		June 30, 2019
Dealer financing
Group I	$	33,656	$	32,541
Group II	5,635		6,020
Group III	1,576		1,468
Group IV	129		115
Total recorded investment	$	40,996	$	40,144