Debt And Commitments (Tables)

3 Months Ended

Sep. 30, 2012

Debt Instrument [Line Items]

Schedule of debt outstanding [Table Text Block]

The carrying value of our debt was as follows (in millions):

	September 30, 2012			December 31, 2011
Automotive Sector
Debt payable within one year
Short-term with non-affiliates	$	365		$	559
Short-term with unconsolidated affiliates	—			18
Long-term payable within one year
U.S. Department of Energy ("DOE") loans	591			240
Other debt	298			216
Total debt payable within one year	1,254			1,033
Long-term debt payable after one year
Public unsecured debt securities	5,419			5,260
Unamortized discount	(73		)	(77		)
Convertible notes	908			908
Unamortized discount	(151		)	(172		)
DOE loans	5,162			4,556
EIB loan	729			698
Other debt	950			888
Total long-term debt payable after one year	12,944			12,061
Total Automotive sector	$	14,198		$	13,094
Fair value of Automotive sector debt (a)	$	14,613		$	13,451
Financial Services Sector
Short-term debt
Asset-backed commercial paper	$	5,824		$	6,835
Other asset-backed short-term debt	934			2,987
Floating rate demand notes	4,962			4,713
Unsecured commercial paper	1,176			156
Other short-term debt	1,627			1,905
Total short-term debt	14,523			16,596
Long-term debt
Unsecured debt
Notes payable within one year	3,296			6,144
Notes payable after one year	33,343			26,167
Asset-backed debt
Notes payable within one year	14,829			16,538
Notes payable after one year	19,689			20,621
Unamortized discount	(141		)	(152		)
Fair value adjustments (b)	867			681
Total long-term debt	71,883			69,999
Total Financial Services sector	$	86,406		$	86,595
Fair value of Financial Services sector debt (a)	$	90,004		$	88,823
Total Automotive and Financial Services sectors	$	100,604		$	99,689
Intersector elimination (c)	—			(201		)
Total Company	$	100,604		$	99,488

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(a) The fair value of debt includes $365 million and $326 million of Automotive sector short-term debt and $7.9 billion and $7 billion of Financial Services sector short-term debt at September 30, 2012 and December 31, 2011, respectively, carried at cost which approximates fair value. All debt is categorized within Level 2 of the fair value hierarchy. See Note 3 for additional information.

(b) Adjustments related to designated fair value hedges of unsecured debt.

(c) Debt related to Ford's acquisition of Ford Credit debt securities.