v3.25.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
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
[1] See "Note 20: Immaterial Revision of Prior Period Financial Statements".
[2]
(1) See "Note 20: Immaterial Revision of Prior Period Financial Statements".
[3]
(1) See "Note 20: Immaterial Revision of Prior Period Financial Statements".