v3.26.1
DEBT
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
DEBT DEBT
CurrencyFace value of outstanding bondsIssue DateCouponMaturityOutstanding amount
Industrial Activities
Euro Medium Term Notes:
CNH Industrial Finance Europe S.A.(1)
EUR600March 25, 20191.750%March 25, 2027$683 
CNH Industrial Finance Europe S.A.(1)
EUR50April 21, 20163.875%April 21, 202857 
CNH Industrial Finance Europe S.A.(1)
EUR500July 3, 20191.625%July 3, 2029570 
CNH Industrial Finance Europe S.A.(1)
EUR50July 15, 20192.200%July 15, 203957 
CNH Industrial N.V.(2)
EUR750June 11, 20243.750%June 11, 2031854
CNH Industrial N.V.(2)
EUR500November 26, 20253.625%January 26, 2033570 
CNH Industrial N.V.(2)
EUR500September 3, 20253.875%September 3, 2035570
Other Bonds:
CNH Industrial N.V.(3)
USD500November 14, 20173.850%November 15, 2027500 
Hedging effects, bond premium/discount, and unamortized issuance costs(44)
Total Industrial Activities $3,817 
Financial Services
CNH Industrial Capital LLCUSD600May 24, 20211.450%July 15, 2026$600 
CNH Industrial Capital LLCUSD500October 9, 20244.500%October 8, 2027500 
CNH Industrial Capital LLCUSD500March 21, 20254.750%March 21, 2028500 
CNH Industrial Capital LLCUSD600April 10, 20234.550%April 10, 2028600 
CNH Industrial Capital LLCUSD500September 13, 20235.500%January 12, 2029500 
CNH Industrial Capital LLCUSD600March 21, 20245.100%April 20, 2029600 
CNH Industrial Capital LLCUSD500September 29, 20254.500%October 16, 2030500 
CNH Industrial Capital LLCUSD500January 8, 20264.375%March 7, 2031500 
CNH Industrial Capital LLCUSD600June 25, 20264.950%June 25, 2031600 
CNH Industrial Capital Australia Pty Ltd.(4)
AUD9752023/2026
4.700%
5.800%
2026/2029672 
CNH Industrial Capital Canada Ltd.CAD400August 11, 20235.500%August 11, 2026281 
CNH Industrial Capital Canada Ltd.CAD400March 25, 20244.800%March 25, 2027281 
CNH Industrial Capital Canada Ltd.CAD300October 10, 20244.000%April 11, 2028211 
CNH Industrial Capital Canada Ltd.CAD500June 5, 20253.750%June 5, 2029351 
CNH Industrial Capital Canada Ltd.CAD450June 29, 20263.800%January 22, 2030316 
CNH Industrial Capital Argentina S.A.(5)
USD1562024/2026
6.000%
8.250%
2026/2029156 
Banco CNH Industrial Capital S.A.(6)
BRL3,2152021/2025
12.290%
17.690%
2026/2032620 
Hedging effects, bond premium/discount, and unamortized issuance costs(39)
Total Financial Services$7,749 
(1)Bond listed on the regulated market of Euronext Dublin.
(2)Bond listed on the Global Exchange Market of Euronext Dublin.
(3)Bond listed on the New York Stock Exchange.
(4)Comprised of 5 bonds issued that range in coupon rates of 4.700% and 5.800% and mature between July 13, 2026 and June 4, 2029.
(5)Comprised of 5 bonds issued that range in coupon rates of 6.000% and 8.250% and mature between November 12, 2026 and February 9, 2029.
(6)Comprised of 20 bonds issued that range in coupon rates of 12.290% and 17.690% and mature between July 1, 2026 and December 22, 2032.
June 30, 2026December 31, 2025
Industrial ActivitiesFinancial ServicesConsolidatedIndustrial ActivitiesFinancial ServicesConsolidated
Total bonds$3,817 $7,749 $11,566 $3,917 $6,802 $10,719 
Asset-backed debt— 10,027 10,027 — 11,294 11,294 
Other debt412 3,961 4,373 187 4,562 4,749 
Intersegment debt73 242 — 281 203 — 
Total Debt4,302 21,979 25,966 4,385 22,861 26,762 
Financial payables to Iveco Group N.V.2 76 78 3 88 91 
Total Debt (including Financial payables to Iveco Group N.V.)$4,304 $22,055 $26,044 $4,388 $22,949 $26,853 
Total Debt, including Financial payables to Iveco Group N.V., decreased $809 million compared to December 31, 2025. The decrease was primarily driven by a decrease in asset-backed debt due to lower portfolio receivables.
On June 25, 2026, CNH Industrial Capital LLC issued $600 million aggregate principal amount of 4.950% notes due June 25, 2031. The net proceeds from the issuance were used for general corporate purposes, including the refinancing of maturing indebtedness and support of the Financial Services funding activities.
On June 29, 2026, CNH Industrial Capital Canada Ltd. issued $316 million (CAD 450 million) aggregate principal amount of 3.800% notes due January 22, 2030. In addition, on June 4, 2026, CNH Industrial Capital Australia Pty Ltd. issued $137 million (AUD 200 million) aggregate principal amount of 5.800% notes due June 4, 2029. These issuances support the Company's funding strategy and further diversify its sources of financing.