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DEBT (Tables) | 6 Months Ended
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Jun. 30, 2026
Debt Disclosure [Abstract] |
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments | The carrying value of Company debt excluding Ford Credit and Ford Credit debt was as follows (in millions):
| December 31, 2025 |  | June 30, 2026
Company excluding Ford Credit |  |  |
Debt payable within one year |  |  |
Short-term | $ | 1,355 |  |  | $ | 1,505 |
Long-term debt payable within one year |  |  |
Public unsecured debt securities | 1,672 |  |  | 1,672 |
U.K. Export Finance Program | — |  |  | 992 |
Convertible notes (a) | 2,300 |  |  | — |
Other debt (including finance leases) (b) | 226 |  |  | 222 |
Unamortized (discount)/premium and issuance costs | (3) |  |  | (10) |
Total debt payable within one year | 5,550 |  |  | 4,381 |
Long-term debt payable after one year |  |  |
Public unsecured debt securities | 13,087 |  |  | 13,087 |
U.S. Department of Energy Loan | — |  |  | 3,805 |
U.K. Export Finance Program | 2,355 |  |  | 1,323 |
Other debt (including finance leases) (b) | 1,210 |  |  | 1,279 |
Unamortized (discount)/premium and issuance costs | (283) |  |  | (256) |
Total long-term debt payable after one year | 16,369 |  |  | 19,238 |
Total Company excluding Ford Credit | $ | 21,919 |  |  | $ | 23,619 |
Fair value of Company debt excluding Ford Credit (c) | $ | 21,640 |  |  | $ | 23,191 |
Ford Credit |  |  |
Debt payable within one year |  |  |
Short-term | $ | 18,350 |  |  | $ | 16,260 |
Long-term payable within one year |  |  |
Unsecured debt | 13,625 |  |  | 12,426 |
Asset-backed debt | 19,831 |  |  | 18,321 |
Unamortized (discount)/premium and issuance costs | (18) |  |  | (18) |
Fair value adjustments (d) | (36) |  |  | (33) |
Total debt payable within one year | 51,752 |  |  | 46,956 |
Long-term debt payable after one year |  |  |
Unsecured debt | 52,357 |  |  | 54,881 |
Asset-backed debt | 37,741 |  |  | 36,254 |
Unamortized (discount)/premium and issuance costs | (229) |  |  | (234) |
Fair value adjustments (d) | (204) |  |  | (509) |
Total long-term debt payable after one year | 89,665 |  |  | 90,392 |
Total Ford Credit | $ | 141,417 |  |  | $ | 137,348 |
Fair value of Ford Credit debt (c) | $ | 144,213 |  |  | $ | 139,545 |
__________ (a)On March 16, 2026, we settled the principal amount of our $2.3 billion 0.00% Convertible Senior Notes in cash and issued 6.6 million shares of Ford Common Stock held as treasury stock to settle the conversion premium, which were subsequently repurchased as part of our anti-dilutive share repurchase program. (b)At December 31, 2025 and June 30, 2026, long-term finance leases payable within one year were $136 million and $134 million, respectively, and long-term finance leases payable after one year were $754 million and $849 million, respectively. (c)At December 31, 2025 and June 30, 2026, the fair value of debt includes $1.4 billion and $1.5 billion of Company excluding Ford Credit short-term debt, respectively, and $16.4 billion and $14.9 billion of Ford Credit short-term debt, respectively, carried at cost, which approximates fair value. All other debt is categorized within Level 2 of the fair value hierarchy. (d)These adjustments are related to hedging activity and include discontinued hedging relationship adjustments of $(319) million and $(207) million at December 31, 2025 and June 30, 2026, respectively. The carrying value of hedged debt was $41.7 billion and $44.9 billion at December 31, 2025 and June 30, 2026, respectively.

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- Definition Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. + References No definition available. + Details
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