Schedule of Valuation and Qualifying Accounts (Notes)

12 Months Ended

Dec. 31, 2023

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]

FORD MOTOR COMPANY AND SUBSIDIARIES

Schedule II — Valuation and Qualifying Accounts

(in millions)

Description	Balance at Beginning of Period		Charged to Costs and Expenses			Deductions			Balance at End of Period
For the Year Ended December 31, 2021
Allowances deducted from assets
Credit losses	$	1,332	$	(306)		$	100	(a)	$	926
Doubtful receivables	57		3			13		(b)	47
Inventories (primarily service part obsolescence)	688		36		(c)	—			724
Deferred tax assets	1,981		(670)		(d)	244			1,067
Deferred tax assets for U.S. branch operations (e)	2,878		390			—			3,268
Total allowances deducted from assets	$	6,936	$	(547)		$	357		$	6,032
For the Year Ended December 31, 2022
Allowances deducted from assets
Credit losses	$	926	$	50		$	119	(a)	$	857
Doubtful receivables	47		57			11		(b)	93
Inventories (primarily service part obsolescence)	724		(6)		(c)	—			718
Deferred tax assets	1,067		(242)		(d)	3			822
Deferred tax assets for U.S. branch operations (e)	3,268		(38)			—			3,230
Total allowances deducted from assets	$	6,032	$	(179)		$	133		$	5,720
For the Year Ended December 31, 2023
Allowances deducted from assets
Credit losses	$	857	$	385		$	343	(a)	$	899
Doubtful receivables	93		30			54		(b)	69
Inventories (primarily service part obsolescence)	718		(31)		(c)	—			687
Deferred tax assets	822		36		(d)	12			846
Deferred tax assets for U.S. branch operations (e)	3,230		111			—			3,341
Total allowances deducted from assets	$	5,720	$	531		$	409		$	5,842

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(a)    Finance receivables deemed to be uncollectible and other changes, principally amounts related to finance receivables sold and translation adjustments.

(b)    Accounts receivable deemed to be uncollectible as well as translation adjustments.

(c)    Net change in inventory allowances, including translation adjustments.

(d)    Change in valuation allowance on deferred tax assets including translation adjustments.

(e)    Deferred tax assets of U.S. branch operations no longer requiring a valuation allowance would result in an increase in deferred tax liabilities.