v3.26.1
STATEMENTS OF STOCKHOLDER'S EQUITY - USD ($)
$ in Millions
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income
Beginning balance at Dec. 31, 2024   $ 31.0 $ 14.5 $ 178.7 $ 1,769.4 $ 7.9
Investments from PACCAR       6.4    
Net income $ 76.9       76.9  
Net unrealized gain (loss) (3.1)         (3.1)
Ending balance at Jun. 30, 2025 2,081.7 31.0 14.5 185.1 1,846.3 4.8
Beginning balance at Mar. 31, 2025   31.0 14.5 184.1 1,809.9 5.0
Investments from PACCAR       1.0    
Net income 36.4       36.4  
Net unrealized gain (loss) (0.2)         (0.2)
Ending balance at Jun. 30, 2025 2,081.7 31.0 14.5 185.1 1,846.3 4.8
Beginning balance at Dec. 31, 2025 2,150.4 [1] 31.0 14.5 187.6 1,913.6 3.7
Investments from PACCAR       6.1    
Net income 71.0       71.0  
Net unrealized gain (loss) 2.8         2.8
Ending balance at Jun. 30, 2026 2,230.3 31.0 14.5 193.7 1,984.6 6.5
Beginning balance at Mar. 31, 2026   31.0 14.5 192.7 1,947.6 4.5
Investments from PACCAR       1.0    
Net income 37.0       37.0  
Net unrealized gain (loss) 2.0         2.0
Ending balance at Jun. 30, 2026 $ 2,230.3 $ 31.0 $ 14.5 $ 193.7 $ 1,984.6 $ 6.5
[1] The December 31, 2025 balance sheet has been derived from audited financial statements.