FORD CREDIT ALLOWANCE FOR CREDIT LOSSES

An analysis of the allowance for credit losses related to finance receivables for the periods ended March 31 was as follows (in millions):



	First Quarter 2018
	Consumer			Non-Consumer			Total
Allowance for credit losses
Beginning balance	$	582		$	15		$	597
Charge-offs	(131		)	(2		)	(133		)
Recoveries	39			1			40
Provision for credit losses	92			2			94
Other	2			—			2
Ending balance	$	584		$	16		$	600

Analysis of ending balance of allowance for credit losses
Collective impairment allowance	$	563		$	15		$	578
Specific impairment allowance	21			1			22
Ending balance	584			16			600

Analysis of ending balance of finance receivables
Collectively evaluated for impairment	$	75,846		$	36,067		$	111,913
Specifically evaluated for impairment	380			108			488
Recorded investment	76,226			36,175			112,401

Ending balance, net of allowance for credit losses	$	75,642		$	36,159		$	111,801



	First Quarter 2019
	Consumer			Non-Consumer			Total
Allowance for credit losses
Beginning balance	$	566		$	23		$	589
Charge-offs	(137		)	(17		)	(154		)
Recoveries	43			2			45
Provision for credit losses	24			9			33
Other	—			—			—
Ending balance	$	496		$	17		$	513

Analysis of ending balance of allowance for credit losses
Collective impairment allowance	$	477		$	16		$	493
Specific impairment allowance	19			1			20
Ending balance	496			17			513

Analysis of ending balance of finance receivables
Collectively evaluated for impairment	$	74,432		$	35,374		$	109,806
Specifically evaluated for impairment	359			124			483
Recorded investment	74,791			35,498			110,289

Ending balance, net of allowance for credit losses	$	74,295		$	35,481		$	109,776