ACCOUNTING POLICIES	9 Months Ended
Sep. 30, 2026
Accounting Policies [Abstract]
ACCOUNTING POLICIES	ACCOUNTING POLICIES Adoption of New Accounting Standards Accounting Standards Updates (“ASUs”) adopted during 2026 did not have a material impact to our consolidated financial statements or financial statement disclosures. Accounting Standards Issued But Not Yet Adopted ASU 2024-03, Disaggregation of Income Statement Expenses (“DISE”). In November 2024, the Financial Accounting Standards Board (“FASB”) issued a new accounting standard to improve the disclosures about an entity’s expenses and address requests from investors for more detailed information about the types of expenses included in commonly presented expense captions. The new standard is effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027, with retrospective application permitted. We are assessing the effect on our consolidated financial statement disclosures; however, adoption will not impact our consolidated income statements, balance sheets, or statements of cash flows. All other ASUs issued but not yet adopted were assessed and determined to be not applicable or are not expected to have a material impact on our consolidated financial statements or financial statement disclosures. Provision for Income Taxes For interim tax reporting, we estimate one single effective tax rate for tax jurisdictions not subject to a valuation allowance, which is applied to the year-to-date ordinary income/(loss). Tax effects of significant unusual or infrequently occurring items are excluded from the estimated annual effective tax rate calculation and recognized in the interim period in which they occur. Ford Credit and certain of its subsidiaries are disregarded entities for United States income tax purposes. Our provision for income taxes includes only income tax liabilities for Ford Credit entities recognized as taxable within a jurisdiction. Our Provision for/(Benefit from) income taxes for the third quarter and the first nine months of 2026 was a provision of $115 million and a benefit of $95 million, respectively, resulting in an effective tax rate of 14.3% for the third quarter and negative 4.0% for the first nine months. The first nine months rate was driven by a benefit resulting from legal entity restructuring of our United States vehicle leasing operations in the second quarter of 2026.

Accounting Standards Updates (“ASUs”) adopted during 2026 did not have a material impact to our consolidated financial statements or financial statement disclosures.

ASU 2024-03, Disaggregation of Income Statement Expenses (“DISE”). In November 2024, the Financial Accounting Standards Board (“FASB”) issued a new accounting standard to improve the disclosures about an entity’s expenses and address requests from investors for more detailed information about the types of expenses included in commonly presented expense captions. The new standard is effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027, with retrospective application permitted. We are assessing the effect on our consolidated financial statement disclosures; however, adoption will not impact our consolidated income statements, balance sheets, or statements of cash flows.

All other ASUs issued but not yet adopted were assessed and determined to be not applicable or are not expected to have a material impact on our consolidated financial statements or financial statement disclosures.

For interim tax reporting, we estimate one single effective tax rate for tax jurisdictions not subject to a valuation allowance, which is applied to the year-to-date ordinary income/(loss). Tax effects of significant unusual or infrequently occurring items are excluded from the estimated annual effective tax rate calculation and recognized in the interim period in which they occur.

Ford Credit and certain of its subsidiaries are disregarded entities for United States income tax purposes. Our provision for income taxes includes only income tax liabilities for Ford Credit entities recognized as taxable within a jurisdiction.

Our Provision for/(Benefit from) income taxes for the third quarter and the first nine months of 2026 was a provision of $115 million and a benefit of $95 million, respectively, resulting in an effective tax rate of 14.3% for the third quarter and negative 4.0% for the first nine months. The first nine months rate was driven by a benefit resulting from legal entity restructuring of our United States vehicle leasing operations in the second quarter of 2026.