Net Investment in Operating Leases (Tables)

12 Months Ended

Dec. 31, 2016

Leases, Operating [Abstract]

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

The net investment in operating leases at December 31 was as follows (in millions):

	2015			2016
Automotive Segment
Vehicles, net of depreciation	$	2,014		$	1,620
Financial Services Segment
Vehicles and other equipment, at cost (a)	29,673			32,823
Accumulated depreciation	(4,545		)	(5,550		)
Allowance for credit losses	(49		)	(64		)
Total Financial Services Segment	25,079			27,209
Total	$	27,093		$	28,829

__________

(a) Includes Ford Credit’s operating lease assets of $13.3 billion and $11.8 billion at December 31, 2015and2016, 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 Expense [Table Text Block]

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

	2014		2015		2016
Operating lease depreciation expense	$	3,098	$	3,640	$	4,330

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

The amounts contractually due for minimum rentals on operating leases at December 31, 2016 were as follows (in millions):

	2017		2018		2019		2020		Thereafter		Total
Minimum rentals on operating leases	$	4,349	$	2,750	$	949	$	66	$	5	$	8,119