Variable Interest Entities (Tables)

3 Months Ended

Mar. 31, 2012

Automotive [Member]

Variable Interest Entity [Line Items]

Schedule of maximum exposure to variable interest entities assets and liabilities [Table Text Block]

Our maximum exposure to loss from VIEs of which we are not the primary beneficiary was as follows (in millions):

	March 31, 2012		December 31, 2011		Change in Maximum Exposure
Investments	$	243	$	229	$	14
Guarantees	6		6		—
Total maximum exposure	$	249	$	235	$	14

Financial Services [Member]

Variable Interest Entity [Line Items]

Schedule of assets to be used to settle consolidated Variable Interest Entities debt [Table Text Block]

The following table includes assets to be used to settle the liabilities of the consolidated VIEs. We may retain debt issued by consolidated VIEs and this debt is excluded from the table below. We hold the right to the excess cash flows from the assets that are not needed to pay liabilities of the consolidated VIEs. The assets and debt reflected on our consolidated balance sheet were as follows (in billions):

	March 31, 2012
	Cash and Cash Equivalents		Finance Receivables, Net and Net Investment in Operating Leases		Debt
Finance receivables
Retail	$	2.7	$	31.1	$	25.5
Wholesale	0.9		18.9		12.8
Total finance receivables	3.6		50.0		38.3
Net investment in operating leases	0.3		5.7		4.0
Total (a)	$	3.9	$	55.7	$	42.3

__________

(a) Certain notes issued by the VIEs to affiliated companies served as collateral for accessing the European Central Bank ("ECB") open market operations program. This external funding of $187 million at March 31, 2012 was not reflected as debt of the VIEs and is excluded from the table above, but was included in our consolidated debt. The finance receivables backing this external funding are included in the table above.

	December 31, 2011
	Cash and Cash Equivalents		Finance Receivables, Net and Net Investment in Operating Leases		Debt
Finance receivables
Retail	$	2.5	$	31.9	$	26.0
Wholesale	0.5		17.9		11.2
Total finance receivables	3.0		49.8		37.2
Net investment in operating leases	0.4		6.4		4.2
Total (a)	$	3.4	$	56.2	$	41.4

__________

(a) Certain notes issued by the VIEs to affiliated companies served as collateral for accessing the ECB open market operations program. This external funding of $246 million at December 31, 2011 was not reflected as debt of the VIEs and is excluded from the table above, but was included in our consolidated debt. The finance receivables backing this external funding are included in the table above

Financial Services [Member] | Ford Credit [Member]

Variable Interest Entity [Line Items]

Schedule of maximum exposure to variable interest entities derivatives [Table Text Block]

Ford Credit's exposure based on the fair value of derivative instruments related to consolidated VIEs that support its securitization transactions was as follows (in millions):

	March 31, 2012				December 31, 2011
	Derivative Asset		Derivative Liability		Derivative Asset		Derivative Liability
VIE – Securitization entities	$	113	$	128	$	157	$	97
Ford Credit related to VIE	82		79		81		63
Total including Ford Credit related to VIE (a)	$	195	$	207	$	238	$	160

__________

(a) Ford Credit derivative assets and liabilities are included in Other assets and Accrued liabilitiesand deferred revenue, respectively, on our consolidated balance she

Schedule of financial performance of variable interest entities [Table Text Block]

Derivative expense/(income) related to consolidated VIEs that support Ford Credit's securitization programs for the periods ended March 31 was as follows (in millions):