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Debt (Tables)
 9 Months Ended
Sep. 30, 2018
Debt Disclosure [Abstract]  
Schedule of debt outstanding [Table Text Block]
The carrying value of Automotive, Ford Credit, and Other debt was as follows (in millions):
Automotive
December 31,
2017
 
September 30,
2018
Debt payable within one year
 
 
 
Short-term
$
1,396

 
$
1,517

Long-term payable within one year
 

 
 

Public unsecured debt securities
361

 
—

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

 
591

Other debt
1,031

 
1,126

Unamortized (discount)/premium
(23
)
 
(18
)
Total debt payable within one year
3,356

 
3,216

Long-term debt payable after one year
 

 
 

Public unsecured debt securities
9,033

 
9,033

DOE ATVM Incentive Program
2,060

 
1,618

Other debt
1,848

 
1,114

Adjustments
 
 
 
Unamortized (discount)/premium
(290
)
 
(244
)
Unamortized issuance costs
(76
)
 
(73
)
Total long-term debt payable after one year
12,575

 
11,448

Total Automotive
$
15,931

 
$
14,664

 
 
 
 
Fair value of Automotive debt (a)
$
17,976

 
$
14,948

 
 
 
 
Ford Credit
 

 
 

Debt payable within one year
 

 
 

Short-term
$
17,153

 
$
15,313

Long-term payable within one year
 

 
 

Unsecured debt
13,298

 
13,123

Asset-backed debt
17,817

 
19,139

Adjustments
 
 
 
Unamortized (discount)/premium
1

 
—

Unamortized issuance costs
(16
)
 
(16
)
Fair value adjustments (b)
12

 
(12
)
Total debt payable within one year
48,265

 
47,547

Long-term debt payable after one year
 
 
 
Unsecured debt
55,687

 
56,591

Asset-backed debt
34,052

 
34,784

Adjustments
 
 
 
Unamortized (discount)/premium
(2
)
 
—

Unamortized issuance costs
(212
)
 
(208
)
Fair value adjustments (b)
(33
)
 
(547
)
Total long-term debt payable after one year
89,492

 
90,620

Total Ford Credit
$
137,757

 
$
138,167

 
 
 
 
Fair value of Ford Credit debt (a)
$
139,605

 
$
138,311

 
 
 
 
Other
 
 
 
Long-term debt payable after one year
 
 
 
Unsecured debt
$
604

 
$
604

Adjustments
 
 
 
Unamortized (discount)/premium
(3
)
 
(3
)
Unamortized issuance costs
(2
)
 
(1
)
Total Other
$
599

 
$
600

 
 
 
 
Fair value of Other debt
$
801

 
$
709

__________
(a)
The fair value of debt includes $1.1 billion and $1.3 billion of Automotive segment short-term debt and $16.4 billion and $13.7 billion of Ford Credit segment short-term debt at December 31, 2017 and September 30, 2018, respectively, carried at cost, which approximates fair value. All other debt is categorized within Level 2 of the fair value hierarchy.
(b)
These adjustments relate to designated fair value hedges. The carrying value of hedged debt was $39 billion and $39.1 billion at December 31, 2017 and September 30, 2018, respectively.