Ford Credit Finance Receivables and Allowance for Credit Losses Allowance for Credit Losses (Tables)

3 Months Ended

Mar. 31, 2020

Allowance for Credit Loss [Abstract]

Financing Receivable, Allowance for Credit Loss [Table Text Block]

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 2019 (a)
	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

	First Quarter 2020
	Consumer			Non-Consumer			Total
Allowance for credit losses
Beginning balance	$	496		$	17		$	513
Adoption of ASU 2016-13 (b)	247			5			252
Charge-offs	(145		)	(1		)	(146		)
Recoveries	43			2			45
Provision for credit losses	534			52			586
Other (c)	(18		)	(1		)	(19		)
Ending balance	$	1,157		$	74		$	1,231

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(a) The comparative information has not been restated and continues to be reported under the accounting standard in effect during 2019.

(b) Cumulative pre-tax adjustments recorded to retained earnings as of January 1, 2020. See Note 2 for additional information.

(c)

Primarily represents amounts related to translation adjustments.