v3.22.4
Net Investment in Operating Leases (Tables)
 12 Months Ended
Dec. 31, 2022
Leases, Operating [Abstract]  
Schedule of Property Subject to or Available for Operating Lease [Table Text Block]
The net investment in operating leases at December 31 was as follows (in millions):
 20212022
Company excluding Ford Credit
Vehicles, net of depreciation$1,194 $951 
Ford Credit Segment
Vehicles, at cost (a)29,982 26,055 
Accumulated depreciation(4,815)(4,234)
Total Ford Credit Segment25,167 21,821 
Total$26,361 $22,772 
__________
(a)Includes Ford Credit’s operating lease assets of $7.5 billion and $12.5 billion at December 31, 2021 and 2022, respectively, that have been included in securitization transactions.  These net investments in operating leases are available only for payment of the debt or other obligations issued or arising in the securitization transactions; they are not available to pay other obligations or the claims of other creditors.
Schedule of Operating Lease Expense [Table Text Block] Operating lease depreciation expense for the years ended December 31 was as follows (in millions):
 202020212022
Operating lease depreciation expense$3,235 $1,626 $2,240 
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] The amounts contractually due on operating leases at December 31, 2022 were as follows (in millions):
 2023202420252026ThereafterTotal
Operating lease payments$3,324 $1,944 $803 $164 $11 $6,246