v3.25.2
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDER'S EQUITY - USD ($)
$ in Thousands
Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Total
BALANCE at Dec. 31, 2023 $ 919,702 $ (137,308) $ 816,582 $ 1,598,976
Increase (Decrease) in Stockholder's Equity        
Net income     54,473 54,473
Dividends paid to CNH Industrial America LLC     (60,000) (60,000)
Foreign currency translation adjustment   (10,480)   (10,480)
Stock compensation (1,219)     (1,219)
Pension liability adjustment, net of tax   (108)   (108)
Change in derivative financial instruments, net of tax   1,935   1,935
BALANCE at Mar. 31, 2024 918,483 (145,961) 811,055 1,583,577
BALANCE at Dec. 31, 2023 919,702 (137,308) 816,582 1,598,976
Increase (Decrease) in Stockholder's Equity        
Net income       113,311
Foreign currency translation adjustment       (14,778)
Pension liability adjustment, net of tax       (220)
Change in derivative financial instruments, net of tax       1,446
BALANCE at Jun. 30, 2024 918,314 (150,860) 854,893 1,622,347
BALANCE at Mar. 31, 2024 918,483 (145,961) 811,055 1,583,577
Increase (Decrease) in Stockholder's Equity        
Net income     58,838 58,838
Dividends paid to CNH Industrial America LLC     (15,000) (15,000)
Foreign currency translation adjustment   (4,298)   (4,298)
Stock compensation (169)     (169)
Pension liability adjustment, net of tax   (112)   (112)
Change in derivative financial instruments, net of tax   (489)   (489)
BALANCE at Jun. 30, 2024 918,314 (150,860) 854,893 1,622,347
BALANCE at Dec. 31, 2024 918,335 (178,447) 863,281 1,603,169
Increase (Decrease) in Stockholder's Equity        
Net income     56,622 56,622
Dividends paid to CNH Industrial America LLC     (60,000) (60,000)
Foreign currency translation adjustment   731   731
Stock compensation (68)     (68)
Pension liability adjustment, net of tax   (88)   (88)
Change in derivative financial instruments, net of tax   (2,291)   (2,291)
BALANCE at Mar. 31, 2025 918,267 (180,095) 859,903 1,598,075
BALANCE at Dec. 31, 2024 918,335 (178,447) 863,281 1,603,169
Increase (Decrease) in Stockholder's Equity        
Net income       117,549
Foreign currency translation adjustment       22,188
Pension liability adjustment, net of tax       (185)
Change in derivative financial instruments, net of tax       (3,059)
BALANCE at Jun. 30, 2025 918,201 (159,503) 860,830 1,619,528
BALANCE at Mar. 31, 2025 918,267 (180,095) 859,903 1,598,075
Increase (Decrease) in Stockholder's Equity        
Net income     60,927 60,927
Dividends paid to CNH Industrial America LLC     (60,000) (60,000)
Foreign currency translation adjustment   21,457   21,457
Stock compensation (66)     (66)
Pension liability adjustment, net of tax   (97)   (97)
Change in derivative financial instruments, net of tax   (768)   (768)
BALANCE at Jun. 30, 2025 $ 918,201 $ (159,503) $ 860,830 $ 1,619,528