v3.25.2
Finance Receivables - Allowance for Credit Losses and Total Finance Receivables (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Beginning Balance $ 282 $ 281 $ 267 $ 331  
Write-offs (27) (33) (57) (103)  
Recoveries 9 15 19 30  
Provision for credit losses 21 15 54 24  
Other 5 (24) 7 (28)  
Ending Balance 290 254 290 254  
Total Finance Receivables 30,896 28,528 30,896 28,528 $ 29,231
Customer          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Beginning Balance 273 273 258 276  
Write-offs (27) (33) (57) (56)  
Recoveries 9 15 19 30  
Provision for credit losses 21 15 54 24  
Other 5 (24) 7 (28)  
Ending Balance 281 246 281 246  
Total Finance Receivables 23,629 21,293 23,629 21,293 22,199
Dealer          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Beginning Balance 4 4 4 51  
Write-offs 0 0 0 (47)  
Recoveries 0 0 0 0  
Provision for credit losses 0 0 0 0  
Other 0 0 0 0  
Ending Balance 4 4 4 4  
Total Finance Receivables 2,685 2,909 2,685 2,909  
Caterpillar Purchased Receivables          
Financing Receivable, Allowance for Credit Loss [Roll Forward]          
Beginning Balance 5 4 5 4  
Write-offs 0 0 0 0  
Recoveries 0 0 0 0  
Provision for credit losses 0 0 0 0  
Other 0 0 0 0  
Ending Balance 5 4 5 4  
Total Finance Receivables $ 4,582 $ 4,326 $ 4,582 $ 4,326 $ 4,283