Held-for-Sale Operations (Tables) - Operating Segments

3 Months Ended

12 Months Ended

Mar. 31, 2020

Dec. 31, 2019

Automotive

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Groups, Including Discontinued Operations [Table Text Block]

The assets and liabilities of our India Automotive operations classified as held for sale were as follows (in millions):

	December 31, 2019			March 31, 2020
Assets
Trade and other receivables, net	$	269		$	186
Inventories	208			261
Other assets, current	147			96
Net property	279			263
Other assets, non-current	10			9
Total assets of held-for-sale operations	913			815
Less: Intercompany asset balances	(228		)	(151		)
Automotive segment total assets of held-for-sale operations (a)	$	685		$	664
Liabilities
Payables	$	461		$	473
Other liabilities and deferred revenue, current	71			68
Automotive debt payable within one year	90			84
Other liabilities and deferred revenue, non-current	28			25
Total liabilities of held-for-sale operations	650			650
Less: Intercompany liability balances	(169		)	(181		)
Automotive segment total liabilities of held-for-sale operations (a)	$	481		$	469

__________

(a)

As of December 31, 2019 and March 31, 2020, intercompany items and transactions have been eliminated on the consolidated balance sheet. Upon closing, the buyer will assume the intercompany assets and liabilities. Accordingly, we have presented those balances in the table for informational purposes.

Ford Credit

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Groups, Including Discontinued Operations [Table Text Block]

The assets and liabilities of the Forso operations classified as held for sale at December 31, 2019 were as follows (in millions):

	December 31, 2019
Assets
Cash and cash equivalents	$	61
Ford Credit finance receivables, net, current	516
Trade and other receivables, net	8
Other assets, current	106
Ford Credit finance receivables, net, non-current	715
Net property	2
Deferred income taxes	9
Other assets, non-current	1
Total assets of held-for-sale operations	1,418
Less: Intercompany asset balances	(2		)
Ford Credit segment total assets of held-for-sale operations (a)	$	1,416
Liabilities
Payables	$	34
Other liabilities and deferred revenue, current	8
Ford Credit long-term debt	1,254
Deferred income taxes	23
Total liabilities of held-for-sale operations	1,319
Less: Intercompany liability balances	(1,274		)
Ford Credit segment total liabilities of held-for-sale operations (a)	$	45

__________

(a) As of December 31, 2019, intercompany items and transactions have been eliminated on the consolidated balance sheet. Upon closing, the buyer assumed the intercompany assets and liabilities. Accordingly, we have presented those balances in the table for informational purposes.