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Debt And Commitments (Tables)
 12 Months Ended
Dec. 31, 2014
Debt Instrument [Line Items]  
Schedule of debt outstanding [Table Text Block]
The carrying value of debt was $119.2 billion and $114.7 billion at December 31, 2014 and 2013, respectively. The carrying value of Automotive sector and Financial Services sector debt at December 31 was as follows (in millions):
 
 
 
 
 
Interest Rates
 
 
 
 
 
Average Contractual (a)
 
 Average Effective (b)
Automotive Sector
2014
 
2013
 
2014
 
2013
 
2014
 
2013
Debt payable within one year
 
 
 
 
 
 
 
 
 
 
 
Short-term
$
373

 
$
562

 
1.9
%
 
1.5
%
 
1.9
%
 
1.5
%
Long-term payable within one year
 

 
 

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

 
591

 
 
 
 
 
 
 
 
European Investment Bank (“EIB”) loans
1,187

 
—

 
 
 
 
 
 
 
 
Other debt
350

 
104

 
 
 
 
 
 
 
 
Total debt payable within one year
2,501

 
1,257

 
 
 
 
 
 
 
 
Long-term debt payable after one year
 

 
 

 
 
 
 
 
 
 
 
Public unsecured debt securities
6,634

 
6,799

 
 
 
 
 
 
 
 
Unamortized (discount)/premium
(144
)
 
(148
)
 
 
 
 
 
 
 
 
Convertible notes
—

 
908

 
 
 
 
 
 
 
 
Unamortized (discount)/premium
—

 
(110
)
 
 
 
 
 
 
 
 
DOE ATVM Incentive Program
3,833

 
4,424

 
 
 
 
 
 
 
 
EIB loans
—

 
1,295

 
 
 
 
 
 
 
 
Other debt
1,000

 
1,258

 
 
 
 
 
 
 
 
Total long-term debt payable after one year
11,323

 
14,426

 
4.6
%
 
4.4
%
 
4.6
%
 
4.7
%
Total Automotive sector
$
13,824

 
$
15,683

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fair value of Automotive sector debt (c)
$
15,553

 
$
17,301

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial Services Sector
 

 
 

 
 
 
 
 
 
 
 
Short-term debt
 

 
 

 
 
 
 
 
 
 
 
Unsecured debt
$
9,761

 
$
9,667

 
 
 
 
 
 
 
 
Asset-backed debt
1,377

 
5,327

 
 
 
 
 
 
 
 
Total short-term debt
11,138

 
14,994

 
1.9
%
 
1.5
%
 
1.9
%
 
1.5
%
Long-term debt
 

 
 

 
 
 
 
 
 
 
 
Unsecured debt
 

 
 

 
 
 
 
 
 
 
 
Notes payable within one year
8,795

 
4,475

 
 
 
 
 
 
 
 
Notes payable after one year
43,087

 
38,914

 
 
 
 
 
 
 
 
Asset-backed debt
 

 
 

 
 
 
 
 
 
 
 
Notes payable within one year
16,738

 
17,337

 
 
 
 
 
 
 
 
Notes payable after one year
25,216

 
23,273

 
 
 
 
 
 
 
 
Unamortized (discount)/premium
(55
)
 
(91
)
 
 
 
 
 
 
 
 
Fair value adjustments (d)
428

 
103

 
 
 
 
 
 
 
 
Total long-term debt
94,209

 
84,011

 
2.8
%
 
3.1
%
 
2.9
%
 
3.3
%
Total Financial Services sector
$
105,347

 
$
99,005

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fair value of Financial Services sector debt (c)
$
107,758

 
$
102,399

 
 
 
 
 
 
 
 
__________
(a)
Average contractual rates reflect the stated contractual interest rate.
(b)
Average effective rates reflect the average contractual interest rate plus amortization of discounts, premiums, and issuance fees.
(c)
The fair value of debt includes $131 million and $377 million of Automotive sector short-term debt and $9.8 billion and $9.7 billion of Financial Services sector short-term debt at December 31, 2014 and 2013, respectively, carried at cost which approximates fair value. All debt is categorized within Level 2 of the fair value hierarchy.
(d)
Adjustments related to designated fair value hedges of unsecured debt
Schedule of Maturities of Long-term Debt [Table Text Block]
Debt maturities at December 31, 2014 were as follows (in millions):
 
2015
 
2016
 
2017
 
2018
 
2019
 
Thereafter
 
Premium/(Discount) and Fair Value Adjustments
 
Total Debt Maturities
Automotive Sector
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Public unsecured debt securities
$
161

 
$
—

 
$
—

 
$
361

 
$
—

 
$
6,273

 
$
(144
)
 
$
6,651

DOE ATVM Incentive Program
591

 
591

 
591

 
591

 
591

 
1,469

 
—

 
4,424

Short-term and other debt (a)
1,749

 
280

 
141

 
148

 
113

 
318

 
—

 
2,749

Total
2,501

 
871

 
732

 
1,100

 
704

 
8,060

 
(144
)
 
13,824

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial Services Sector
 

 
 

 
 

 
 

 
 

 
 

 
 
 
 

Unsecured debt
18,556

 
10,402

 
11,096

 
6,028

 
5,582

 
9,979

 
375

 
62,018

Asset-backed debt
18,115

 
13,115

 
7,678

 
1,063

 
2,760

 
600

 
(2
)
 
43,329

Total
36,671

 
23,517

 
18,774

 
7,091

 
8,342

 
10,579

 
373

 
105,347

Total Company
$
39,172

 
$
24,388

 
$
19,506

 
$
8,191

 
$
9,046

 
$
18,639

 
$
229

 
$
119,171

__________
(a)
Primarily non-U.S. affiliate debt and includes the EIB secured loans.
Assets And Liabilities Related To Secured Debt Arrangements Disclosure Text Block
The assets and liabilities related to our asset-backed debt arrangements included on our financial statements at December 31 were as follows (in billions):
 
2014
 
2013
ASSETS
 
 
 
Cash and cash equivalents
$
2.4

 
$
4.4

Finance receivables, net
46.1

 
51.4

Net investment in operating leases
9.6

 
8.1

 
 
 
 
LIABILITIES
 
 
 
Debt
43.3

 
45.9
Public Unsecured Debt Securities [Member]  
Debt Instrument [Line Items]  
Schedule of debt outstanding [Table Text Block]
Our public, unsecured debt securities outstanding at December 31 were as follows (in millions):
 
Aggregate Principal Amount Outstanding
Title of Security
2014
 
2013
4 7/8% Debentures due March 26, 2015
$
161

 
$
165

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

 
361

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

 
86

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 (a) 
638

 
638

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

 
260

7.45% GLOBLS due July 16, 2031 (a) 
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 (b) 
40

 
40

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

4.75% Notes due January 15, 2043
2,000

 
2,000

Total public unsecured debt securities (c)
$
6,795


$
6,799

__________
(a)
Listed on the Luxembourg Exchange and on the Singapore Exchange.
(b)
Unregistered industrial revenue bond.
(c)
Excludes 9.215% Debentures due September 15, 2021 with an outstanding balance at December 31, 2014 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.