v3.24.3
Ford Credit Finance Receivables - Aging (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 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 $ 110,091   $ 110,091   $ 102,957
Financing Receivable, Allowance for Credit Loss, Writeoff 155 $ 105 $ 415 $ 279  
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 1,244   $ 1,244   947
Financing Receivable, Originated Four Years before Latest Fiscal Year 4,176   4,176   2,423
Financing Receivable, Originated Three Years before Latest Fiscal Year 6,900   6,900   7,552
Financing Receivable, Originated Two Years before Latest Fiscal Year 14,618   14,618   11,473
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year 27,468   27,468   20,502
Financing Receivable, Originated in Current Fiscal Year 29,171   29,171   35,377
Recorded investment $ 83,577   $ 83,577   $ 78,274
Financing Receivable, Percent of Consumer Finance Receivables 100.00%   100.00%   100.00%
Financing Receivable, Originated, More Than Five Years before Current Fiscal Year, Writeoff     $ 38   $ 47
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year, Writeoff     46   40
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year, Writeoff     55   75
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year, Writeoff     115   85
Financing Receivable, Year Two, Originated, Fiscal Year Before Current Fiscal Year, Writeoff     136   117
Financing Receivable, Year One, Originated, Current Fiscal Year, Writeoff     18   37
Financing Receivable, Allowance for Credit Loss, Writeoff $ 155 $ 105 408 $ 279 401
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 50   50   40
Financing Receivable, Originated Four Years before Latest Fiscal Year 97   97   49
Financing Receivable, Originated Three Years before Latest Fiscal Year 104   104   130
Financing Receivable, Originated Two Years before Latest Fiscal Year 178   178   125
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year 224   224   187
Financing Receivable, Originated in Current Fiscal Year 116   116   159
Recorded investment $ 769   $ 769   $ 690
Financing Receivable, Percent of Consumer Finance Receivables 0.90%   0.90%   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 $ 9   $ 9   $ 9
Financing Receivable, Originated Four Years before Latest Fiscal Year 22   22   11
Financing Receivable, Originated Three Years before Latest Fiscal Year 29   29   30
Financing Receivable, Originated Two Years before Latest Fiscal Year 49   49   37
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year 62   62   58
Financing Receivable, Originated in Current Fiscal Year 27   27   50
Recorded investment $ 198   $ 198   $ 195
Financing Receivable, Percent of Consumer Finance Receivables 0.20%   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 $ 7   $ 7   $ 7
Financing Receivable, Originated Four Years before Latest Fiscal Year 7   7   4
Financing Receivable, Originated Three Years before Latest Fiscal Year 10   10   7
Financing Receivable, Originated Two Years before Latest Fiscal Year 17   17   10
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year 13   13   10
Financing Receivable, Originated in Current Fiscal Year 2   2   5
Recorded investment $ 56   $ 56   $ 43
Financing Receivable, Percent of Consumer Finance Receivables 0.10%   0.10%   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 $ 66   $ 66   $ 56
Financing Receivable, Originated Four Years before Latest Fiscal Year 126   126   64
Financing Receivable, Originated Three Years before Latest Fiscal Year 143   143   167
Financing Receivable, Originated Two Years before Latest Fiscal Year 244   244   172
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year 299   299   255
Financing Receivable, Originated in Current Fiscal Year 145   145   214
Recorded investment $ 1,023   $ 1,023   $ 928
Financing Receivable, Percent of Consumer Finance Receivables 1.20%   1.20%   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 $ 1,178   $ 1,178   $ 891
Financing Receivable, Originated Four Years before Latest Fiscal Year 4,050   4,050   2,359
Financing Receivable, Originated Three Years before Latest Fiscal Year 6,757   6,757   7,385
Financing Receivable, Originated Two Years before Latest Fiscal Year 14,374   14,374   11,301
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year 27,169   27,169   20,247
Financing Receivable, Originated in Current Fiscal Year 29,026   29,026   35,163
Recorded investment $ 82,554   $ 82,554   $ 77,346
Financing Receivable, Percent of Consumer Finance Receivables 98.80%   98.80%   98.80%