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Finance Receivables (Tables)
 12 Months Ended
Dec. 31, 2021
Financing Receivables [Line Items]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
Total finance receivables, net at December 31 were as follows (in millions):
20202021
Consumer
Retail installment contracts, gross$73,726 $69,247 
Finance leases, gross8,431 7,318 
Retail financing, gross82,157 76,565 
Unearned interest supplements from Ford and affiliated companies(3,987)(3,020)
   Consumer finance receivables 78,170 73,545 
Non-Consumer
Dealer financing (a)26,517 18,197 
Other financing (b)1,688 1,533 
Non-Consumer finance receivables 28,205 19,730 
Total recorded investment (c)$106,375 $93,275 
Recorded investment in finance receivables$106,375 $93,275 
Allowance for credit losses(1,305)(925)
Total finance receivables, net$105,070 $92,350 
Net finance receivables subject to fair value (d)$97,043 $85,347 
Fair value 98,630 86,199 
__________
(a)Includes $5.1 billion and $6.4 billion at December 31, 2020 and 2021, respectively, of receivables generated by divisions and affiliates of Ford in connection with vehicle inventories released from Ford and in transit to the destination dealers. Interest earned from Ford and affiliated companies associated with receivables from gate-released vehicles in transit to dealers for the years ended December 31, 2019, 2020, and 2021 was $229 million, $137 million, and $97 million, respectively. Balances at December 31, 2020 and 2021, also include $515 million and $503 million, respectively, of dealer financing receivables with entities (primarily dealers) that are reported as consolidated subsidiaries of Ford. For the years ended December 31, 2019, 2020, and 2021, the interest earned on receivables from consolidated subsidiaries of Ford to which we provide dealer financing was $10 million, $13 million, and $4 million, respectively.
(b)Primarily represents other financing receivables with Ford, which includes amounts associated with purchased receivables and receivables associated with the financing of vehicles that Ford leases to employees. Interest earned from Ford and affiliated companies associated with these other financing receivables totaled $96 million, $88 million, and $46 million for the years ended December 31, 2019, 2020, and 2021, respectively.
(c)Earned interest supplements on consumer and non-consumer receivables from Ford and affiliated companies totaled $2.5 billion, $2.4 billion, and $2.4 billion for the years ended December 31, 2019, 2020, and 2021, respectively. Cash received from interest supplements totaled $2.6 billion, $2.8 billion, and $1.5 billion for the years ended December 31, 2019, 2020, and 2021, respectively.
(d)Net finance receivables subject to fair value exclude finance leases.
Financing Receivable, Allowance for Credit Loss
An analysis of the allowance for credit losses related to finance receivables for the years ended December 31 was as follows (in millions):
20202021
ConsumerNon-ConsumerTotalConsumerNon-ConsumerTotal
Allowance for credit losses
Beginning balance$496 $17 $513 $1,245 $60 $1,305 
Adoption of ASU 2016-13 (a)247 5 252 — — — 
Charge-offs (441)(29)(470)(272)(3)(275)
Recoveries161 8 169 202 8 210 
Provision for/(Benefit from) credit losses771 57 828 (270)(40)(310)
Other (b)11 2 13 (2)(3)(5)
Ending balance$1,245 $60 $1,305 $903 $22 $925 

_________
(a)Cumulative pre-tax adjustments recorded to retained earnings as of January 1, 2020. See Note 2 for additional information.
(b)Primarily represents amounts related to translation adjustments.
Financing Receivable, Past Due
The credit quality analysis of consumer receivables at December 31, 2020 was as follows (in millions):
Amortized Cost Basis by Origination Year
Prior to 201620162017201820192020TotalPercent
Consumer
31-60 days past due$45 $62 $103 $162 $166 $143 $681 0.9 %
61-120 days past due7 12 24 44 45 31 163 0.2 
Greater than 120 days past due11 6 7 8 7 2 41 — 
Total past due63 80 134 214 218 176 885 1.1 
Current782 2,519 6,656 13,725 20,856 32,747 77,285 98.9 
Total$845 $2,599 $6,790 $13,939 $21,074 $32,923 $78,170 100.0 %

The credit quality analysis of consumer receivables at December 31, 2021 was as follows (in millions):
Amortized Cost Basis by Origination Year
Prior to 201720172018201920202021TotalPercent
Consumer
31-60 days past due$39 $52 $98 $120 $186 $91 $586 0.8 %
61-120 days past due7 10 20 29 40 21 127 0.2 
Greater than 120 days past due10 6 6 9 11 1 43 — 
Total past due56 68 124 158 237 113 756 1.0 
Current812 2,608 6,568 12,717 22,730 27,354 72,789 99.0 
Total$868 $2,676 $6,692 $12,875 $22,967 $27,467 $73,545 100.0 %
Sales-type and Direct Financing Leases, Lease Receivable, Maturity
The amounts contractually due on finance leases at December 31, 2021 were as follows (in millions):

Finance Lease Receivables
20222023202420252026Total
Contractual maturity$2,190 $1,376 $897 $322 $52 $4,837 
Less: Present value discount206 
   Total finance lease receivables $4,631 

The reconciliation from finance lease receivables to finance leases, gross and finance leases, net at December 31 is as follows (in millions):
20202021
Finance lease receivables$5,436 $4,631 
Unguaranteed residual assets2,893 2,605 
Initial direct costs102 82 
   Finance leases, gross8,431 7,318 
Unearned interest supplements from Ford and affiliated companies(337)(274)
Allowance for credit losses(67)(41)
   Finance leases, net$8,027 $7,003 
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 at December 31, 2020 was as follows (in millions):
Amortized Cost Basis by Origination Year
Dealer Loans
Prior to 201620162017201820192020TotalWholesale LoansTotalPercent
Group I$503 $129 $110 $188 $70 $248 $1,248 $18,769 $20,017 75.5 %
Group II38 20 11 35 3 87 194 4,680 4,874 18.4 
Group III9 — 3 19 3 35 69 1,464 1,533 5.8 
Group IV2 — — — 2 6 10 83 93 0.3 
Total (a)$552 $149 $124 $242 $78 $376 $1,521 $24,996 $26,517 100.0 %
__________
(a)Total past due dealer financing receivables at December 31, 2020 were $99 million. 

The credit quality analysis of dealer financing receivables at December 31, 2021 was as follows (in millions):
Amortized Cost Basis by Origination Year
Dealer Loans
Prior to 201720172018201920202021TotalWholesale LoansTotalPercent
Group I$391 $68 $151 $45 $109 $345 $1,109 $13,670 $14,779 81.2 %
Group II11 7 26 2 4 54 104 2,689 2,793 15.3 
Group III8 — 1 — 1 20 30 529 559 3.1 
Group IV— — 4 — — 6 10 56 66 0.4 
Total (a)$410 $75 $182 $47 $114 $425 $1,253 $16,944 $18,197 100.0 %
__________
(a)Total past due dealer financing receivables at December 31, 2021 were $62 million.