v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Assets and Liabilities Fair Value Measurements The Company’s assets and liabilities subject to fair value measurements are as follows:

 

 

 

June 30

 

 

December 31

 

Level 2

 

 

2026

 

 

2025

 

Assets:

 

 

 

 

 

 

Impaired loans, net of specific reserves (2026 - $5.2 and 2025 - $2.6)

 

$

29.9

 

 

$

4.1

 

Used trucks held for sale

 

 

11.3

 

 

 

17.0

 

Derivative contracts

 

 

4.7

 

 

 

9.9

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

Derivative contracts

 

$

2.7

 

 

$

2.2

 

Carrying Amount and Fair Value Fixed-Rate Loans and Fixed-Rate Debt

The Company’s estimate of fair value for fixed rate loans and debt that are not carried at fair value was as follows:

 

 

 

June 30, 2026

 

 

December 31, 2025

 

 

 

Carrying

 

 

Fair

 

 

Carrying

 

 

Fair

 

 

 

Amount

 

 

Value

 

 

Amount

 

 

Value

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Due from PACCAR

 

$

956.6

 

 

$

960.1

 

 

$

1,034.6

 

 

$

1,052.4

 

Due from foreign finance affiliates

 

 

646.0

 

 

 

648.5

 

 

 

702.0

 

 

 

713.7

 

Fixed rate loans

 

 

6,494.8

 

 

 

6,560.4

 

 

 

6,536.0

 

 

 

6,726.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Fixed rate debt

 

$

7,742.1

 

 

$

7,749.1

 

 

$

7,699.4

 

 

$

7,803.6