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Debt And Commitments (Tables)
 12 Months Ended
Dec. 31, 2012
Debt Instrument [Line Items]  
Schedule of debt outstanding [Table Text Block]
The carrying value of our debt was as follows (in millions):
 
 
 
 
 
Interest Rates (a)
 
 
 
 
 
Average Contractual (b)
 
 Average Effective (c)
Automotive Sector
December 31,
2012
 
December 31,
2011
 
December 31,
2012
 
December 31,
2011
 
December 31,
2012
 
December 31,
2011
Debt payable within one year
 
 
 
 
 
 
 
 
 
 
 
Short-term with non-affiliates
$
484

 
$
559

 
1.5
%
 
1.6
%
 
1.5
%
 
1.6
%
Short-term with unconsolidated affiliates
—

 
18

 
 
 
 
 
 
 
 
Long-term payable within one year
 

 
 

 
 
 
 
 
 
 
 
U.S. Department of Energy ("DOE") Advanced Technology Vehicles Manufacturing ("ATVM") Incentive Program
591

 
240

 
 
 
 
 
 
 
 
Other debt
311

 
216

 
 
 
 
 
 
 
 
Total debt payable within one year
1,386

 
1,033

 
 
 
 
 
 
 
 
Long-term debt payable after one year
 

 
 

 
 
 
 
 
 
 
 
Public unsecured debt securities
5,420

 
5,260

 
 
 
 
 
 
 
 
Unamortized discount
(100
)
 
(77
)
 
 
 
 
 
 
 
 
Convertible notes
908

 
908

 
 
 
 
 
 
 
 
Unamortized discount
(142
)
 
(172
)
 
 
 
 
 
 
 
 
DOE ATVM Incentive Program
5,014

 
4,556

 
 
 
 
 
 
 
 
EIB Credit Facilities
729

 
698

 
 
 
 
 
 
 
 
Other debt
1,048

 
888

 
 
 
 
 
 
 
 
Unamortized discount
(7
)
 
—

 
 
 
 
 
 
 
 
Total long-term debt payable after one year
12,870

 
12,061

 
4.6
%
 
4.9
%
 
5.1
%
 
5.5
%
Total Automotive sector
$
14,256

 
$
13,094

 
 
 
 
 
 
 
 
Fair value of Automotive sector debt (d)
$
14,867

 
$
13,451

 
 
 
 
 
 
 
 
Financial Services Sector
 

 
 

 
 
 
 
 
 
 
 
Short-term debt
 

 
 

 
 
 
 
 
 
 
 
Asset-backed commercial paper
$
5,752

 
$
6,835

 
 
 
 
 
 
 
 
Other asset-backed short-term debt
3,762

 
2,987

 
 
 
 
 
 
 
 
Floating rate demand notes
4,890

 
4,713

 
 
 
 
 
 
 
 
Commercial paper
1,686

 
156

 
 
 
 
 
 
 
 
Other short-term debt
1,655

 
1,905

 
 
 
 
 
 
 
 
Total short-term debt
17,745

 
16,596

 
1.1
%
 
1.4
%
 
1.1
%
 
1.4
%
Long-term debt
 

 
 

 
 
 
 
 
 
 
 
Unsecured debt
 

 
 

 
 
 
 
 
 
 
 
Notes payable within one year
5,830

 
6,144

 
 
 
 
 
 
 
 
Notes payable after one year
32,503

 
26,167

 
 
 
 
 
 
 
 
Asset-backed debt
 

 
 

 
 
 
 
 
 
 
 
Notes payable within one year
13,801

 
16,538

 
 
 
 
 
 
 
 
Notes payable after one year
20,266

 
20,621

 
 
 
 
 
 
 
 
Unamortized discount
(134
)
 
(152
)
 
 
 
 
 
 
 
 
Fair value adjustments (e)
791

 
681

 
 
 
 
 
 
 
 
Total long-term debt
73,057

 
69,999

 
3.8
%
 
4.3
%
 
4.1
%
 
4.6
%
Total Financial Services sector
$
90,802

 
$
86,595

 
 
 
 
 
 
 
 
Fair value of Financial Services sector debt(d)
$
94,578

 
$
88,823

 
 
 
 
 
 
 
 
Total Automotive and Financial Services sectors
$
105,058

 
$
99,689

 
 
 
 
 
 
 
 
Intersector elimination (f)
—

 
(201
)
 
 
 
 
 
 
 
 
Total Company
$
105,058

 
$
99,488

 
 
 
 
 
 
 
 
__________
(a)
Interest rates are presented for the fourth quarter of 2012 and the fourth quarter of 2011.
(b)
Average contractual rates reflect the stated contractual interest rate with the exception of commercial paper, which is issued at a discount.
(c)
Average effective rates reflect the average contractual interest rate plus amortization of discounts, premiums, and issuance fees.
(d)
The fair value of debt includes $484 million and $326 million of Automotive sector short-term debt and $8.4 billion and $7 billion of Financial Services sector short-term debt at December 31, 2012 and 2011, respectively, carried at cost which approximates fair value. All debt is categorized within Level 2 of the fair value hierarchy. See Note 4 for additional information.
(e)
Adjustments related to designated fair value hedges of unsecured debt.
(f)
Debt related to Ford's acquisition of Ford Credit debt securities.
Schedule of Maturities of Long-term Debt [Table Text Block]
Debt maturities at December 31, 2012 were as follows (in millions):
 
2013
 
2014
 
2015
 
2016
 
2017
 
Thereafter
 
Total Debt Maturities
Automotive Sector
 
 
 
 
 
 
 
 
 
 
 
 
 
Public unsecured debt securities
$
—

 
$
—

 
$
160

 
$
—

 
$
—

 
$
5,260

 
$
5,420

Unamortized discount (a)
—

 
—

 
—

 
—

 
—

 
(100
)
 
(100
)
Convertible notes
—

 
—

 
—

 
883

 
—

 
25

 
908

Unamortized discount (a)
—

 
—

 
—

 
(137
)
 
—

 
(5
)
 
(142
)
DOE ATVM Incentive Program
591

 
591

 
591

 
591

 
591

 
2,650

 
5,605

Short-term and other debt (b)
795

 
100

 
1,145

 
139

 
108

 
285

 
2,572

Unamortized discount (a)
(4
)
 
(2
)
 
(1
)
 
—

 
—

 
—

 
(7
)
Total Automotive debt
1,382

 
689

 
1,895

 
1,476

 
699

 
8,115

 
14,256

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial Services Sector
 

 
 

 
 

 
 

 
 

 
 

 
 

Unsecured debt
14,061

 
4,019

 
8,906

 
4,898

 
6,459

 
8,221

 
46,564

Asset-backed debt
23,315

 
12,356

 
5,005

 
1,319

 
1,586

 
—

 
43,581

Unamortized (discount)/premium (a)
(1
)
 
(76
)
 
(19
)
 
(15
)
 
(15
)
 
(8
)
 
(134
)
Fair value adjustments (a) (c)
33

 
25

 
84

 
43

 
148

 
458

 
791

Total Financial Services debt
37,408

 
16,324

 
13,976

 
6,245

 
8,178

 
8,671

 
90,802

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Company
$
38,790

 
$
17,013

 
$
15,871

 
$
7,721

 
$
8,877

 
$
16,786

 
$
105,058

__________
(a)
Based on contractual payment date of related debt.
(b)
Primarily non-U.S. affiliate debt and includes the EIB secured loan.
(c)
Adjustments related to designated fair value hedges of unsecured debt.
Schedule of Liability and Equity Components of Convertible Notes [Table Text Block]
Liability, equity, and if-converted components of our Convertible Notes are summarized as follows (in millions):
 
 
 
 
 
Total Effective Interest Rate
 
December 31,
2012
 
December 31,
2011
 
December 31,
2012
 
December 31,
2011
Liability component
 
 
 
 
 
 
 
4.25% Debentures due November 15, 2016
$
768

 
$
768

 
9.2%
 
9.2%
4.25% Debentures due November 15, 2016 (underwriter option)
115

 
115

 
8.6%
 
8.6%
Subtotal Convertible Debt due November 15, 2016
883

 
883

 
 
 
 
4.25% Debentures due December 15, 2036
25

 
25

 
10.5%
 
10.5%
Unamortized discount
(142
)
 
(172
)
 
 
 
 
Net carrying amount
$
766

 
$
736

 
 
 
 
 
 
 
 
 
 
 
 
Equity component of outstanding debt (a)
$
(225
)
 
$
(225
)
 
 
 
 
Share value in excess of principal value, if converted (b)
$
384

 
$
143

 
 
 
 
__________
(a)
Recorded in Capital in excess of par value of stock.
(b)
Based on share price of $12.95 and $10.76 as of December 31, 2012 and 2011, respectively.
Schedule of Interest Cost on Convertible Notes [Table Text Block]
We recognized interest cost on our Convertible Notes as follows (in millions):
 
2012
 
2011
 
2010
Contractual interest coupon
$
38

 
$
38

 
$
138

Amortization of discount
30

 
27

 
87

Total interest cost on Convertible Notes
$
68

 
$
65

 
$
225
Assets And Liabilities Related To Secured Debt Arrangements Disclosure Text Block
The following table shows the assets and liabilities related to our asset-backed debt arrangements that are included in our financial statements for the years ended December 31 (in billions):
 
2012
 
Cash and Cash
Equivalents
 
Finance Receivables, Net
and
Net Investment in
Operating Leases
 
Related
Debt
VIEs (a)
 
 
 
 
 
Finance receivables
$
2.5

 
$
47.5

 
$
36.0

Net investment in operating leases
0.4

 
6.3

 
4.2

Total
$
2.9

 
$
53.8

 
$
40.2

Non-VIE
 

 
 

 
 

Finance receivables (b)
$
0.1

 
$
3.5

 
$
3.3

Total securitization transactions
 

 
 

 
 

Finance receivables
$
2.6

 
$
51.0

 
$
39.3

Net investment in operating leases
0.4

 
6.3

 
4.2

Total
$
3.0

 
$
57.3

 
$
43.5

 
 
 
 
 
 
 
2011
 
Cash and Cash
Equivalents
 
Finance Receivables, Net
and
Net Investment in
Operating Leases
 
Related
Debt
VIEs (a)
 

 
 

 
 

Finance receivables
$
3.0

 
$
49.8

 
$
37.2

Net investment in operating leases
0.4

 
6.4

 
4.2

Total
$
3.4

 
$
56.2

 
$
41.4

Non-VIE
 

 
 

 
 

Finance receivables (b)
$
0.3

 
$
6.2

 
$
5.6

Total securitization transactions
 

 
 

 
 

Finance receivables
$
3.3

 
$
56.0

 
$
42.8

Net investment in operating leases
0.4

 
6.4

 
4.2

Total
$
3.7

 
$
62.4

 
$
47.0

__________
(a)
Includes assets to be used to settle liabilities of the consolidated VIEs.  See Note 12 for additional information on Financial Services sector VIEs.
(b)
Certain debt issued by the VIEs to affiliated companies served as collateral for accessing the ECB open market operations program. This external funding of $145 million and $246 million at December 31, 2012 and 2011, respectively was not reflected as a liability of the VIEs and is reflected as a non-VIE liability above. The finance receivables backing this external funding are reflected in VIE finance receivables.
Public Unsecured Debt Securities [Member]
  
Debt Instrument [Line Items]  
Schedule of debt outstanding [Table Text Block]
Our public unsecured debt securities outstanding were as follows (in millions):
 
Aggregate Principal Amount Outstanding
Title of Security
December 31,
2012
 
December 31,
2011
4 7/8% Debentures due March 26, 2015
$
160

 
$
—

6 1/2% Debentures due August 1, 2018
361

 
361

8 7/8% Debentures due January 15, 2022
86

 
86

6.55% Debentures due October 3, 2022 (a) 
15

 
15

7 1/8% Debentures due November 15, 2025
209

 
209

7 1/2% Debentures due August 1, 2026
193

 
193

6 5/8% Debentures due February 15, 2028
104

 
104

6 5/8% Debentures due October 1, 2028 (b) 
638

 
638

6 3/8% Debentures due February 1, 2029 (b) 
260

 
260

5.95% Debentures due September 3, 2029 (a) 
8

 
8

6.15% Debentures due June 3, 2030 (a) 
10

 
10

7.45% GLOBLS due July 16, 2031 (b) 
1,794

 
1,794

8.900% Debentures due January 15, 2032
151

 
151

9.95% Debentures due February 15, 2032
4

 
4

5.75% Debentures due April 2, 2035 (a) 
40

 
40

7.50% Debentures due June 10, 2043 (c) 
593

 
593

7.75% Debentures due June 15, 2043
73

 
73

7.40% Debentures due November 1, 2046
398

 
398

9.980% Debentures due February 15, 2047
181

 
181

7.70% Debentures due May 15, 2097
142

 
142

Total public unsecured debt securities (d)
$
5,420


$
5,260

__________
(a)
Unregistered industrial revenue bonds.
(b)
Listed on the Luxembourg Exchange and on the Singapore Exchange.
(c)
Listed on the New York Stock Exchange; this debt was redeemed as of February 4, 2013.
(d)
Excludes 9.215% Debentures due September 15, 2021 with an outstanding balance at December 31, 2012 of $180 million. The proceeds from these securities were on-lent by Ford to Ford Holdings to fund Financial Services activity and are reported as Financial Services debt.