Net Investment in Operating Leases (Tables)

12 Months Ended

Dec. 31, 2013

NET INVESTMENT IN OPERATING LEASES [Abstract]

Schedule of Property Subject to or Available for Operating Lease [Table Text Block]

The net investment in operating leases was as follows (in millions):

	December 31, 2013			December 31, 2012
Automotive Sector
Vehicles, net of depreciation	$	1,384		$	1,415
Financial Services Sector
Vehicles and other equipment, at cost (a)	21,738			16,258
Accumulated depreciation	(3,115		)	(2,347		)
Allowance for credit losses	(23		)	(23		)
Total Financial Services sector	18,600			13,888
Total Company	$	19,984		$	15,303

__________

(a) Includes Ford Credit’s operating lease assets of $8.1 billion and $6.3 billion at December 31, 2013 and 2012, respectively, for which the related cash flows have been used to secure certain lease securitization transactions.  Cash flows associated with the net investment in operating leases are available only for payment of the debt or other obligations issued or arising in the securitization transactions; they are not available to pay other obligations or the claims of other creditors.

Schedule of Operating Lease Depreciation Expense [Table Text Block]

Operating lease depreciation expense (which includes gains and losses on disposal of assets) for the years ended December 31 was as follows (in millions):

	2013		2012		2011
Operating lease depreciation expense	$	2,411	$	1,795	$	1,140

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

The amounts contractually due for minimum rentals on operating leases as of December 31, 2013 are as follows (in millions):

	2014		2015		2016		2017		Thereafter		Total
Minimum rentals on operating leases	$	2,618	$	2,217	$	1,578	$	221	$	49	$	6,683