v3.25.2
COMMITMENTS AND CONTINGENCIES
6 Months Ended
Jun. 30, 2025
COMMITMENTS AND CONTINGENCIES  
COMMITMENTS AND CONTINGENCIES

NOTE 12: COMMITMENTS AND CONTINGENCIES

Legal Matters

The Company is party to various litigation matters and claims arising from its operations. Management believes that the outcome of these proceedings, individually and in the aggregate, will not have a material adverse effect on the Company’s financial position or results of operations.

Guarantees

The Company provides payment guarantees on the financial debt of various foreign financial services subsidiaries of CNH N.V. for approximately $50,400. The guarantees are in effect for the term of the underlying funding facilities.

Commitments

As of June 30, 2025, the Company had various agreements, on an uncommitted basis, to extend credit for the following portfolios:

Total

Credit Limit

Utilized

Not Utilized

Wholesale and dealer financing

$

7,700,969

$

4,601,795

$

3,099,174

Revolving charge accounts

$

2,782,812

$

272,380

$

2,510,432