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Finance Receivables (Tables)
 12 Months Ended
Dec. 31, 2022
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):
20212022
Consumer
Retail installment contracts, gross$69,247 $67,043 
Finance leases, gross7,318 6,765 
Retail financing, gross76,565 73,808 
Unearned interest supplements from Ford and affiliated companies(3,020)(2,305)
   Consumer finance receivables 73,545 71,503 
Non-Consumer
Dealer financing (a)18,197 28,408 
Other financing (b)1,533 1,447 
Non-Consumer finance receivables 19,730 29,855 
Total recorded investment (c)$93,275 $101,358 
Recorded investment in finance receivables$93,275 $101,358 
Allowance for credit losses(925)(845)
Total finance receivables, net$92,350 $100,513 
Net finance receivables subject to fair value (d)$85,347 $94,090 
Fair value 86,199 91,410 
__________
(a)Includes $6.4 billion and $9.6 billion at December 31, 2021 and 2022, 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, 2020, 2021, and 2022 was $137 million, $97 million, and $333 million, respectively. Balances at December 31, 2021 and 2022, also include $503 million and $764 million, respectively, of dealer financing receivables with entities (primarily dealers) that are reported as consolidated subsidiaries of Ford. For the years ended December 31, 2020, 2021, and 2022, the interest earned on receivables from consolidated subsidiaries of Ford to which we provide dealer financing was $13 million, $4 million, and $6 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 $88 million, $46 million, and $63 million for the years ended December 31, 2020, 2021, and 2022, respectively.
(c)Earned interest supplements on consumer and non-consumer receivables from Ford and affiliated companies totaled $2.4 billion, $2.4 billion, and $2.1 billion for the years ended December 31, 2020, 2021, and 2022, respectively. Cash received from interest supplements totaled $2.8 billion, $1.5 billion, and $1.4 billion for the years ended December 31, 2020, 2021, and 2022, 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):
20212022
ConsumerNon-ConsumerTotalConsumerNon-ConsumerTotal
Allowance for credit losses
Beginning balance$1,245 $60 $1,305 $903 $22 $925 
Charge-offs (272)(3)(275)(278)(1)(279)
Recoveries202 8 210 165 5 170 
Provision for/(Benefit from) credit losses(270)(40)(310)56 (17)39 
Other (a)(2)(3)(5)(8)(2)(10)
Ending balance$903 $22 $925 $838 $7 $845 
_________
(a)Primarily represents amounts related to translation adjustments.
Financing Receivable, Past Due
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 %

The credit quality analysis of consumer receivables at December 31, 2022 was as follows (in millions):
Amortized Cost Basis by Origination Year
Prior to 201820182019202020212022TotalPercent
Consumer
31-60 days past due$41 $60 $91 $181 $150 $126 $649 0.9 %
61-120 days past due9 12 20 39 40 29 149 0.2 
Greater than 120 days past due9 4 5 7 7 6 38 0.1 
Total past due59 76 116 227 197 161 836 1.2 
Current883 2,564 6,149 13,864 18,382 28,825 70,667 98.8 
Total$942 $2,640 $6,265 $14,091 $18,579 $28,986 $71,503 100.0 %
Sales-type and Direct Financing Leases, Lease Receivable, Maturity
The amounts contractually due on finance leases at December 31, 2022 were as follows (in millions):

Finance Lease Receivables
20232024202520262027ThereafterTotal
Contractual maturity$1,448 $1,317 $1,136 $563 $66 $1 $4,531 
Less: Present value discount234 
   Total finance lease receivables $4,297 

The reconciliation from finance lease receivables to finance leases, gross and finance leases, net at December 31 is as follows (in millions):
20212022
Finance lease receivables$4,631 $4,297 
Unguaranteed residual assets2,605 2,389 
Initial direct costs82 79 
   Finance leases, gross7,318 6,765 
Unearned interest supplements from Ford and affiliated companies(274)(307)
Allowance for credit losses(41)(35)
   Finance leases, net$7,003 $6,423 
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, 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. 

The credit quality analysis of dealer financing receivables at December 31, 2022 was as follows (in millions):
Amortized Cost Basis by Origination Year
Dealer Loans
Prior to 201820182019202020212022TotalWholesale LoansTotalPercent
Group I$402 $148 $35 $67 $185 $224 $1,061 $24,242 $25,303 89.1 %
Group II2 21 — 5 2 42 72 2,751 2,823 9.9 
Group III— — — — — 10 10 233 243 0.9 
Group IV— — 1 — — 3 4 35 39 0.1 
Total (a)$404 $169 $36 $72 $187 $279 $1,147 $27,261 $28,408 100.0 %
__________
(a)Total past due dealer financing receivables at December 31, 2022 were $9 million.