RECEIVABLES - Allowance for Credit Losses Activity (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | |||
---|---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
Dec. 31, 2024 |
|
Allowance for credit losses, Current: | |||||
Beginning balance | $ 130,069 | $ 118,365 | $ 129,983 | $ 114,745 | |
Charge-offs | (14,073) | (7,180) | (31,577) | (14,183) | |
Recoveries | 684 | 1,124 | 1,156 | 1,508 | |
Provision (benefit) | 24,444 | 11,771 | 41,540 | 22,283 | |
Foreign currency translation and other | 536 | (109) | 558 | (382) | |
Ending balance | 141,660 | 123,971 | 141,660 | 123,971 | |
Receivables: | |||||
Ending Balance | 14,141,801 | 14,532,776 | 14,141,801 | 14,532,776 | $ 14,122,539 |
Retail customer | |||||
Allowance for credit losses, Current: | |||||
Beginning balance | 114,498 | 104,244 | 114,935 | 101,649 | |
Charge-offs | (12,496) | (6,034) | (28,456) | (11,887) | |
Recoveries | 436 | 910 | 709 | 1,185 | |
Provision (benefit) | 23,054 | 7,116 | 38,285 | 15,529 | |
Foreign currency translation and other | 458 | (91) | 477 | (331) | |
Ending balance | 125,950 | 106,145 | 125,950 | 106,145 | |
Receivables: | |||||
Ending Balance | 9,204,652 | 8,504,298 | 9,204,652 | 8,504,298 | |
Revolving charge accounts | |||||
Allowance for credit losses, Current: | |||||
Beginning balance | 8,164 | 8,396 | 7,603 | 7,594 | |
Charge-offs | (1,577) | (1,146) | (3,087) | (2,296) | |
Recoveries | 242 | 206 | 439 | 302 | |
Provision (benefit) | 1,571 | 2,302 | 3,444 | 4,170 | |
Foreign currency translation and other | 28 | (7) | 29 | (19) | |
Ending balance | 8,428 | 9,751 | 8,428 | 9,751 | |
Receivables: | |||||
Ending Balance | 268,530 | 259,572 | 268,530 | 259,572 | |
Wholesale. | |||||
Allowance for credit losses, Current: | |||||
Beginning balance | 7,407 | 5,725 | 7,445 | 5,502 | |
Charge-offs | (34) | ||||
Recoveries | 6 | 8 | 8 | 21 | |
Provision (benefit) | (181) | 2,353 | (189) | 2,584 | |
Foreign currency translation and other | 50 | (11) | 52 | (32) | |
Ending balance | 7,282 | 8,075 | 7,282 | 8,075 | |
Receivables: | |||||
Ending Balance | $ 4,668,619 | $ 5,768,906 | $ 4,668,619 | $ 5,768,906 |