v3.26.1
REVENUE
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Agriculture$3,277 $3,248 $5,873 $5,829 
Construction866 773 1,440 1,364 
Total Industrial Activities4,143 4,021 7,313 7,193 
Financial Services656 685 1,302 1,336 
Eliminations and other14 10 
Total Revenues $4,803 $4,711 $8,629 $8,539 
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Revenues from:
Sales of goods$4,125 $4,007 $7,281 $7,170 
Rendering of services and other revenues18 14 32 23 
Revenues from sales of goods and services4,143 4,021 7,313 7,193 
Finance and interest income519 531 1,045 1,041 
Rents and other income on operating lease141 159 271 305 
Finance, interest and other income660 690 1,316 1,346 
Total Revenues$4,803 $4,711 $8,629 $8,539 
Contract liabilities, primarily related to extended warranties recorded in "Other liabilities", were $141 million as of June 30, 2026 ($122 million as of December 31, 2025). Revenue recognized from beginning-of-period relating to contract liabilities was $5 million and $15 million for the three and six months ended June 30, 2026, respectively, compared to $6 million and $9 million for the three and six months ended June 30, 2025.
The aggregate transaction price allocated to remaining performance obligations was $141 million as of June 30, 2026 ($122 million as of December 31, 2025). CNH expects to recognize 27% and 79% of these obligations as revenue within the next 12 and 36 months, respectively (27% and 81% as of December 31, 2025).