v3.24.1.u1
Ford Credit Finance Receivables - Credit Quality (Details) - Ford Credit - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Credit quality [Line Items]      
Recorded investment $ 102,465   $ 102,957
Non-accrual of Financing Revenue 90 days    
Financing Receivable, Allowance for Credit Loss, Writeoff $ 129 $ 96  
Non-consumer      
Credit quality [Line Items]      
Financing Receivable, Revolving 21,554   23,586
Recorded investment 22,547   24,683
Financing Receivable, Revolving, Writeoff 0   3
Financing Receivable, Allowance for Credit Loss, Writeoff 0 $ 0  
Non-consumer | Group I      
Credit quality [Line Items]      
Financing Receivable, Revolving 18,425   20,419
Non-consumer | Group II      
Credit quality [Line Items]      
Financing Receivable, Revolving 2,859   2,834
Non-consumer | Group III      
Credit quality [Line Items]      
Financing Receivable, Revolving 240   292
Non-consumer | Group IV      
Credit quality [Line Items]      
Financing Receivable, Revolving 30   41
Non-consumer | Dealer Loans      
Credit quality [Line Items]      
Financing Receivable, Originated Five or More Years before Latest Fiscal Year 316   399
Financing Receivable, Originated Four Years before Latest Fiscal Year 60   31
Financing Receivable, Originated Three Years before Latest Fiscal Year 115   59
Financing Receivable, Originated Two Years before Latest Fiscal Year 63   159
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year 273   64
Financing Receivable, Originated in Current Fiscal Year 166   385
Recorded investment 993   1,097
Financing Receivable, Originated, More Than Five Years before Current Fiscal Year, Writeoff 0   0
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year, Writeoff 0   0
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year, Writeoff 0   0
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year, Writeoff 0   0
Financing Receivable, Year Two, Originated, Fiscal Year Before Current Fiscal Year, Writeoff 0   0
Financing Receivable, Year One, Originated, Current Fiscal Year, Writeoff 0   1
Financing Receivable, Allowance for Credit Loss, Writeoff 0   1
Non-consumer | Dealer Loans | Group I      
Credit quality [Line Items]      
Financing Receivable, Originated Five or More Years before Latest Fiscal Year 299   383
Financing Receivable, Originated Four Years before Latest Fiscal Year 60   30
Financing Receivable, Originated Three Years before Latest Fiscal Year 111   58
Financing Receivable, Originated Two Years before Latest Fiscal Year 61   156
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year 268   61
Financing Receivable, Originated in Current Fiscal Year 133   331
Recorded investment 932   1,019
Non-consumer | Dealer Loans | Group II      
Credit quality [Line Items]      
Financing Receivable, Originated Five or More Years before Latest Fiscal Year 16   16
Financing Receivable, Originated Four Years before Latest Fiscal Year 0   0
Financing Receivable, Originated Three Years before Latest Fiscal Year 4   1
Financing Receivable, Originated Two Years before Latest Fiscal Year 2   3
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year 4   2
Financing Receivable, Originated in Current Fiscal Year 26   44
Recorded investment 52   66
Non-consumer | Dealer Loans | Group III      
Credit quality [Line Items]      
Financing Receivable, Originated Five or More Years before Latest Fiscal Year 0   0
Financing Receivable, Originated Four Years before Latest Fiscal Year 0   0
Financing Receivable, Originated Three Years before Latest Fiscal Year 0   0
Financing Receivable, Originated Two Years before Latest Fiscal Year 0   0
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year 0   1
Financing Receivable, Originated in Current Fiscal Year 7   8
Recorded investment 7   9
Non-consumer | Dealer Loans | Group IV      
Credit quality [Line Items]      
Financing Receivable, Originated Five or More Years before Latest Fiscal Year 1   0
Financing Receivable, Originated Four Years before Latest Fiscal Year 0   1
Financing Receivable, Originated Three Years before Latest Fiscal Year 0   0
Financing Receivable, Originated Two Years before Latest Fiscal Year 0   0
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year 1   0
Financing Receivable, Originated in Current Fiscal Year 0   2
Recorded investment 2   3
Non-consumer | Wholesale and Dealer Loans      
Credit quality [Line Items]      
Recorded investment $ 22,547   $ 24,683
Financing Receivable, Percent of Dealer Finance Receivables 100.00%   100.00%
Financing Receivable, Allowance for Credit Loss, Writeoff $ 0   $ 4
Non-consumer | Wholesale and Dealer Loans | Financing Receivables, Total Past Due      
Credit quality [Line Items]      
Recorded investment 19   33
Non-consumer | Wholesale and Dealer Loans | Group I      
Credit quality [Line Items]      
Recorded investment $ 19,357   $ 21,438
Financing Receivable, Percent of Dealer Finance Receivables 85.90%   86.90%
Non-consumer | Wholesale and Dealer Loans | Group II      
Credit quality [Line Items]      
Recorded investment $ 2,911   $ 2,900
Financing Receivable, Percent of Dealer Finance Receivables 12.90%   11.70%
Non-consumer | Wholesale and Dealer Loans | Group III      
Credit quality [Line Items]      
Recorded investment $ 247   $ 301
Financing Receivable, Percent of Dealer Finance Receivables 1.10%   1.20%
Non-consumer | Wholesale and Dealer Loans | Group IV      
Credit quality [Line Items]      
Recorded investment $ 32   $ 44
Financing Receivable, Percent of Dealer Finance Receivables 0.10%   0.20%