U.S. Floorplan Risk Management
Ford Credit
Total Net Receivables Reconciliation To Managed Receivables (Bils)
Ford Credit finance receivables, net (GAAP)*
Net investment in operating leases (GAAP)*
Consolidating adjustments**
Total net receivables
Ford Credit unearned interest supplements and residual support
Allowance for credit losses
Other, primarily accumulated supplemental depreciation
Total managed receivables (Non-GAAP)
2016
Dec 31
2017
Dec 31
2018
Dec 31
$
96.2
$ 108.4
$ 109.9
27.2
26.7
27.4
6.8
7.6
8.9
$ 130.2
$ 142.7
$ 146.3
5.3
6.1
6.8
0.5
0.7
0.7
0.9
1.0
1.1
$
136.9
$ 150.5
$ 154.9
* Includes finance receivables (retail and wholesale) sold for legal purposes and net investment in operating leases included in securitization transactions that do not satisfy the requirements
for accounting sale treatment. These receivables and operating leases are reported on Ford Credit's balance sheet and are available only for payment of the debt issued by, and other
obligations of, the securitization entities that are parties to those securitization transactions; they are not available to pay the other obligations of Ford Credit or the claims of Ford Credit's
other creditors
**
Primarily includes Automotive segment receivables purchased by Ford Credit which are classified to Trade and other receivables on our consolidated balance sheet. Also includes
eliminations of intersegment transactions
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