XML 108 R45.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Presentation (Tables)
 12 Months Ended
Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Related Party Transaction Impacting Balance Sheet [Table Text Block] Additional detail regarding certain transactions and the effect on each segment at December 31 was as follows (in billions):
 
2018
 
2019
 
Automotive
 
Mobility
 
Ford Credit
 
Automotive
 
Mobility
 
Ford Credit
Trade and other receivables (a)
 
 
 
 
$
6.8

 
 
 
 
 
$
4.9

Unearned interest supplements and residual support (b)
 
 
 
 
(6.8
)
 
 
 
 
 
(6.7
)
Finance receivables and other (c)
 
 
 
 
2.1

 
 
 
 
 
2.1

Intersegment receivables/(payables)
$
(1.2
)
 
$
(1.1
)
 
2.3

 
$
(2.6
)
 
$
0.1

 
2.5

__________
(a)
Automotive receivables (generated primarily from vehicle and parts sales to third parties) sold to Ford Credit.  
(b)
Automotive pays amounts to Ford Credit at the point of retail financing or lease origination which represent interest supplements and residual support.
(c)
Primarily receivables with entities that are consolidated subsidiaries of Ford.  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]
The cumulative effect of the changes made to our consolidated balance sheet at January 1, 2019, for the adoption of
ASU 2016-02, Leases, was as follows (in millions):
 
 
Balance at December 31, 2018
 
Adjustments due to ASU 2016-02
 
Balance at
January 1, 2019
Balance sheet
 
 
 
 
 
 
 
 
 
 
 
 
 
Assets
 
 
 
 
 
 
Other assets, current
 
$
3,930

 
$
(8
)
 
$
3,922

Other assets, non-current
 
7,929

 
1,324

 
9,253

Deferred income taxes
 
10,412

 
(4
)
 
10,408

Liabilities
 
 
 
 
 
 
Other liabilities and deferred revenue, current
 
20,556

 
316

 
20,872

Other liabilities and deferred revenue, non-current
 
23,588

 
983

 
24,571

Equity
 
 
 
 
 
 
Retained earnings
 
22,668

 
13

 
22,681