CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions |
3 Months Ended | 6 Months Ended | ||||||||||
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Jun. 30, 2025 |
Jun. 30, 2024 |
[1] | Jun. 30, 2025 |
Jun. 30, 2024 |
[1] | |||||||
Revenues | ||||||||||||
Net sales | $ 4,021 | $ 4,803 | $ 7,193 | $ 8,934 | ||||||||
Finance, interest and other income | 690 | 685 | 1,346 | 1,372 | ||||||||
Total Revenues | 4,711 | 5,488 | 8,539 | 10,306 | ||||||||
Costs and Expenses | ||||||||||||
Cost of goods sold | 3,192 | 3,702 | 5,761 | 6,897 | ||||||||
Selling, general and administrative expenses | 478 | 461 | 864 | 872 | ||||||||
Research and development expenses | 218 | 237 | 402 | 465 | ||||||||
Restructuring expenses | 5 | 51 | 11 | 82 | ||||||||
Interest expense | 360 | 418 | 722 | 812 | ||||||||
Other, net | 183 | 165 | 342 | 322 | ||||||||
Total Costs and Expenses | 4,436 | 5,034 | 8,102 | 9,450 | ||||||||
Income (loss) of Consolidated Group before Income Taxes | 275 | 454 | 437 | 856 | ||||||||
Income tax expense | (76) | (95) | (123) | (172) | ||||||||
Equity in income of unconsolidated subsidiaries and affiliates | 18 | 45 | 35 | 89 | ||||||||
Net income (loss) | 217 | 404 | [2] | 349 | 773 | [2],[3] | ||||||
Net income (loss) attributable to noncontrolling interests | 4 | 5 | 5 | 6 | ||||||||
Net income (loss) attributable to CNH Industrial N.V. | $ 213 | $ 399 | $ 344 | $ 767 | ||||||||
Earnings per share attributable to common shareholders | ||||||||||||
Basic (in usd per share) | $ 0.17 | $ 0.32 | $ 0.28 | $ 0.61 | ||||||||
Diluted (in usd per share) | $ 0.17 | $ 0.32 | $ 0.27 | $ 0.61 | ||||||||
Weighted average shares outstanding | ||||||||||||
Basic (in shares) | 1,250 | 1,256 | 1,249 | 1,258 | ||||||||
Diluted (in shares) | 1,253 | 1,260 | 1,253 | 1,267 | ||||||||
Cash dividends declared per common share (in usd per share) | $ 0.250 | $ 0.470 | $ 0.250 | $ 0.470 | ||||||||
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- Definition Costs and expenses operating and nonoperating. No definition available.
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- Definition Finance interest and other income. No definition available.
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- Definition Other operating and nonoperating expense net. No definition available.
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- Definition Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest expense classified as operating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense for research and development. Includes, but is not limited to, cost for computer software product to be sold, leased, or otherwise marketed and writeoff of research and development assets acquired in transaction other than business combination or joint venture formation or both. Excludes write-down of intangible asset acquired in business combination or from joint venture formation or both, used in research and development activity. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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