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REVENUE
 6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
The following table summarizes revenues for the three and six months ended June 30, 2025 and 2024 (in millions of dollars):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Agriculture$3,248 $3,913 $5,829 $7,286 
Construction773 890 1,364 1,648 
Total Industrial Activities4,021 4,803 7,193 8,934 
Financial Services685 687 1,336 1,372 
Eliminations and other5 (2)10 — 
Total Revenues $4,711 $5,488 $8,539 $10,306 
The following table disaggregates revenues by major source for the three and six months ended June 30, 2025 and 2024 (in millions of dollars):
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Revenues from:
Sales of goods$4,007 $4,789 $7,170 $8,909 
Rendering of services and other revenues14 14 23 25 
Revenues from sales of goods and services4,021 4,803 7,193 8,934 
Finance and interest income531 548 1,041 1,084 
Rents and other income on operating lease159 137 305 288 
Finance, interest and other income690 685 1,346 1,372 
Total Revenues$4,711 $5,488 $8,539 $10,306 
Contract liabilities recorded in "Other liabilities" were $93 million and $72 million at June 30, 2025 and December 31, 2024, respectively. Contract liabilities primarily relate to extended warranties. During the three and six months ended June 30, 2025, revenues included $6 million and $9 million, respectively, relating to contract liabilities outstanding at the beginning of each period. During the three and six months ended June 30, 2024 revenues included $4 million and $9 million, respectively, relating to contract liabilities outstanding at the beginning of each period.
As of June 30, 2025, the aggregate amount of the transaction price allocated to remaining performance obligations was approximately $93 million (approximately $72 million at December 31, 2024). CNH expects to recognize revenue on approximately 30% and 90% of the remaining performance obligations over the next 12 and 36 months, respectively (approximately 30% and 90% as of December 31, 2024, respectively).