v3.24.1.u1
Ford Credit Finance Receivables - Aging (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Pass | Consumer | Maximum      
Financing Receivables, Aging [Line Items]      
Finance Receivables Credit Quality Ratings Term Range 60 days    
Special Mention | Consumer | Minimum      
Financing Receivables, Aging [Line Items]      
Finance Receivables Credit Quality Ratings Term Range 61 days    
Special Mention | Consumer | Maximum      
Financing Receivables, Aging [Line Items]      
Finance Receivables Credit Quality Ratings Term Range 120 days    
Substandard | Consumer | Minimum      
Financing Receivables, Aging [Line Items]      
Finance Receivables Credit Quality Ratings Term Range 120 days    
Ford Credit      
Financing Receivables, Aging [Line Items]      
Recorded investment $ 102,465   $ 102,957
Financing Receivable, Allowance for Credit Loss, Writeoff $ 129 $ 96  
Non-accrual of Financing Revenue 90 days    
Ford Credit | Consumer      
Financing Receivables, Aging [Line Items]      
Financing Receivable, Originated Five or More Years before Latest Fiscal Year $ 2,478   947
Financing Receivable, Originated Four Years before Latest Fiscal Year 6,242   2,423
Financing Receivable, Originated Three Years before Latest Fiscal Year 9,809   7,552
Financing Receivable, Originated Two Years before Latest Fiscal Year 18,395   11,473
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year 32,809   20,502
Financing Receivable, Originated in Current Fiscal Year 10,185   35,377
Recorded investment $ 79,918   $ 78,274
Financing Receivable, Percent of Consumer Finance Receivables 100.00%   100.00%
Financing Receivable, Originated, More Than Five Years before Current Fiscal Year, Writeoff $ 15   $ 47
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year, Writeoff 17   40
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year, Writeoff 22   75
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year, Writeoff 39   85
Financing Receivable, Year Two, Originated, Fiscal Year Before Current Fiscal Year, Writeoff 36   117
Financing Receivable, Year One, Originated, Current Fiscal Year, Writeoff 0   37
Financing Receivable, Allowance for Credit Loss, Writeoff 129 $ 96 401
Ford Credit | Consumer | Financing Receivables, 31 to 60 Days Past due [Member]      
Financing Receivables, Aging [Line Items]      
Financing Receivable, Originated Five or More Years before Latest Fiscal Year 63   40
Financing Receivable, Originated Four Years before Latest Fiscal Year 98   49
Financing Receivable, Originated Three Years before Latest Fiscal Year 103   130
Financing Receivable, Originated Two Years before Latest Fiscal Year 164   125
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year 172   187
Financing Receivable, Originated in Current Fiscal Year 12   159
Recorded investment $ 612   $ 690
Financing Receivable, Percent of Consumer Finance Receivables 0.80%   0.90%
Ford Credit | Consumer | Financing Receivables, 61 to 120 Days Past due [Member]      
Financing Receivables, Aging [Line Items]      
Financing Receivable, Originated Five or More Years before Latest Fiscal Year $ 13   $ 9
Financing Receivable, Originated Four Years before Latest Fiscal Year 21   11
Financing Receivable, Originated Three Years before Latest Fiscal Year 27   30
Financing Receivable, Originated Two Years before Latest Fiscal Year 46   37
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year 54   58
Financing Receivable, Originated in Current Fiscal Year 2   50
Recorded investment $ 163   $ 195
Financing Receivable, Percent of Consumer Finance Receivables 0.20%   0.20%
Ford Credit | Consumer | Financing Receivables, Greater than 120 Days Past due [Member]      
Financing Receivables, Aging [Line Items]      
Financing Receivable, Originated Five or More Years before Latest Fiscal Year $ 10   $ 7
Financing Receivable, Originated Four Years before Latest Fiscal Year 8   4
Financing Receivable, Originated Three Years before Latest Fiscal Year 9   7
Financing Receivable, Originated Two Years before Latest Fiscal Year 14   10
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year 8   10
Financing Receivable, Originated in Current Fiscal Year 0   5
Recorded investment $ 49   $ 43
Financing Receivable, Percent of Consumer Finance Receivables 0.00%   0.10%
Ford Credit | Consumer | Financial Asset, Greater than 30 Days Past Due [Member]      
Financing Receivables, Aging [Line Items]      
Financing Receivable, Originated Five or More Years before Latest Fiscal Year $ 86   $ 56
Financing Receivable, Originated Four Years before Latest Fiscal Year 127   64
Financing Receivable, Originated Three Years before Latest Fiscal Year 139   167
Financing Receivable, Originated Two Years before Latest Fiscal Year 224   172
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year 234   255
Financing Receivable, Originated in Current Fiscal Year 14   214
Recorded investment $ 824   $ 928
Financing Receivable, Percent of Consumer Finance Receivables 1.00%   1.20%
Ford Credit | Consumer | Financial Asset, 1 to 29 Days Past Due [Member]      
Financing Receivables, Aging [Line Items]      
Financing Receivable, Originated Five or More Years before Latest Fiscal Year $ 2,392   $ 891
Financing Receivable, Originated Four Years before Latest Fiscal Year 6,115   2,359
Financing Receivable, Originated Three Years before Latest Fiscal Year 9,670   7,385
Financing Receivable, Originated Two Years before Latest Fiscal Year 18,171   11,301
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year 32,575   20,247
Financing Receivable, Originated in Current Fiscal Year 10,171   35,163
Recorded investment $ 79,094   $ 77,346
Financing Receivable, Percent of Consumer Finance Receivables 99.00%   98.80%