Net Investment in Operating Leases (Tables)

6 Months Ended

Jun. 30, 2025

Leases, Operating [Abstract]

Net investment in operating leases [Table Text Block]

Net investment in operating leases was as follows (in millions):

	December 31, 2024		June 30, 2025
Vehicles, at cost (a)	$	25,424	$	27,281
Accumulated depreciation	(3,735)		(3,922)
Net investment in operating leases	$	21,689	$	23,359

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(a)Includes vehicle acquisition costs less interest supplements and residual support payments we receive on certain leasing transactions under agreements with Ford and affiliated companies, and deferral method investment tax credits.