Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) shares in Millions, $ in Millions |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2026 |
Sep. 30, 2025 |
Sep. 30, 2026 |
Sep. 30, 2025 |
|
| Revenues | $ 7,936.5 | $ 6,671.8 | $ 22,259.7 | $ 21,624.0 |
| Cost of sales and revenues | 6,311.0 | 5,345.4 | 17,716.5 | 17,231.8 |
| Research and development | 108.9 | 111.0 | 332.3 | 339.3 |
| Interest and other borrowing expenses | 181.5 | 201.0 | 544.2 | 591.9 |
| Depreciation and other expenses | 168.2 | 161.7 | 493.5 | 476.3 |
| Selling, general and administrative | 167.8 | 180.2 | 536.8 | 541.1 |
| Provision for losses on receivables | 112.1 | 84.0 | ||
| Interest and other (income) expenses, net | (26.5) | (16.8) | (64.1) | 299.5 |
| Income before income taxes | 997.0 | 652.8 | 2,588.4 | 2,060.1 |
| Investment income | 84.0 | 90.8 | 250.4 | 258.5 |
| Total Income (Loss) Before Income Taxes | 1,081.0 | 743.6 | 2,838.8 | 2,318.6 |
| Income taxes | 233.5 | 153.6 | 634.0 | 499.7 |
| Net Income | $ 847.5 | $ 590.0 | $ 2,204.8 | $ 1,818.9 |
| Net Income Per Share | ||||
| Basic | $ 1.61 | $ 1.12 | $ 4.18 | $ 3.46 |
| Diluted | $ 1.61 | $ 1.12 | $ 4.18 | $ 3.45 |
| Weighted Average Number of Common Shares Outstanding | ||||
| Basic | 527.1 | 525.9 | 526.9 | 525.9 |
| Diluted | 527.7 | 526.7 | 527.6 | 526.8 |
| Comprehensive Income | $ 778.3 | $ 590.4 | $ 2,130.3 | $ 2,362.9 |
| Truck, Parts and Other | ||||
| Revenues | 7,377.6 | 6,106.5 | 20,608.9 | 19,983.0 |
| Cost of sales and revenues | 6,311.0 | 5,345.4 | 17,716.5 | 17,231.8 |
| Research and development | 108.9 | 111.0 | 332.3 | 339.3 |
| Selling, general and administrative | 125.3 | 140.3 | 413.5 | 422.8 |
| Interest and other (income) expenses, net | (26.5) | (16.8) | (64.1) | 299.5 |
| Costs and Expenses, Total | 6,518.7 | 5,579.9 | 18,398.2 | 18,293.4 |
| Income before income taxes | 858.9 | 526.6 | 2,210.7 | 1,689.6 |
| Total Income (Loss) Before Income Taxes | 858.9 | 526.6 | 2,210.7 | 1,689.6 |
| Financial Services | ||||
| Interest and fees | 346.4 | 367.5 | 1,037.5 | 1,068.1 |
| Operating lease, rental and other revenues | 212.5 | 197.8 | 613.3 | 572.9 |
| Revenues | 558.9 | 565.3 | 1,650.8 | 1,641.0 |
| Interest and other borrowing expenses | 181.5 | 201.0 | 544.2 | 591.9 |
| Depreciation and other expenses | 168.2 | 161.7 | 493.5 | 476.3 |
| Selling, general and administrative | 42.5 | 39.9 | 123.3 | 118.3 |
| Provision for losses on receivables | 28.6 | 36.5 | 112.1 | 84.0 |
| Costs and Expenses, Total | 420.8 | 439.1 | 1,273.1 | 1,270.5 |
| Income before income taxes | 138.1 | 126.2 | 377.7 | 370.5 |
| Total Income (Loss) Before Income Taxes | $ 138.1 | $ 126.2 | $ 377.7 | $ 370.5 |
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- Definition Depreciation on equipment on operating leases and other operating expenses No definition available.
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- Definition Income (loss) from continuing operations before investment income and income taxes. No definition available.
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- Definition Amount of the cost of borrowed funds accounted for as interest and other borrowing expense. No definition available.
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- Definition Operating lease rental and other revenues. No definition available.
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate interest and fee income generated by: (1) loans the Entity has positive intent and ability to hold for the foreseeable future, or until maturity or payoff, including commercial and consumer loans, whether domestic or foreign, which may consist of: (a) industrial and agricultural; (b) real estate; and (c) real estate construction loans; (d) trade financing; (e) lease financing; (f) home equity lines-of-credit; (g) automobile and other vehicle loans; and (h) credit card and other revolving-type loans and (2) loans and leases held-for-sale which may include mortgage loans, direct financing, and sales-type leases. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount after accretion (amortization) of discount (premium), and investment expense, of interest income and dividend income on nonoperating securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expense related loan transactions, lease transactions, credit loss from transactions other than loan and lease transactions, and other loss based on assessment of uncollectability from the counterparty to reduce the account to their net realizable value. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense for research and development. Includes, but is not limited to, cost for computer software product to be sold, leased, or otherwise marketed and writeoff of research and development assets acquired in transaction other than business combination or joint venture formation or both. Excludes write-down of intangible asset acquired in business combination or from joint venture formation or both, used in research and development activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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