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SEGMENT INFORMATION
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
We report segment information consistent with the way our chief operating decision maker (“CODM”), our President and Chief Executive Officer, evaluates the operating results and performance of the Company. We conduct our financing operations directly and indirectly through our subsidiaries and affiliates. We offer substantially similar products and services throughout many different regions, subject to local legal restrictions and market conditions. Our reportable segments are: the United States and Canada, Europe, and All Other. Our All Other reportable segment includes our operations in China, Mexico, and our joint venture in South Africa, as well as wind down activities in Brazil, Argentina, and India.

We report segment earnings on an income before income taxes basis after excluding market valuation adjustments to derivatives and exchange-rate fluctuations on foreign currency-denominated transactions, which are reflected in Unallocated Other. These adjustments are excluded when assessing our segment performance because they are carried out at the corporate level. Our CODM reviews segment earnings on an income before income taxes basis to evaluate performance and allocate resources, predominately in the budgeting, planning, and forecasting processes.
NOTE 11. SEGMENT INFORMATION (Continued)

Key operating data for our business segments for the periods ended or at September 30 was as follows (in millions):
United States and CanadaEuropeAll OtherTotal
Segments		Unallocated Other Total
Third Quarter 2025
Total revenue$3,077 $402 $92 $3,571 $— $3,571 
Total revenue less:
Depreciation on vehicles subject to operating leases
611 15 — 626 — 626 
Interest expense1,473 204 49 1,726 76 1,802 
Provision for credit losses111 13 11 135 — 135 
Other segment items (a)284 172 16 472 (95)377 
Income before income taxes $598 $(2)$16 $612 $19 $631 
Third Quarter 2026
Total revenue$3,145 $407 $78 $3,630 $— $3,630 
Total revenue less:
Depreciation on vehicles subject to operating leases
717 21 — 738 — 738 
Interest expense1,441 179 43 1,663 78 1,741 
Provision for credit losses114 53 6 173 — 173 
Other segment items (a)303 73 18 394 (219)175 
Income before income taxes $570 $81 $11 $662 $141 $803 
First Nine Months 2025
Total revenue$9,040 $1,152 $285 $10,477 $— $10,477 
Total revenue less:
Depreciation on vehicles subject to operating leases
1,802 32 — 1,834 — 1,834 
Interest expense4,430 594 153 5,177 174 5,351 
Provision for credit losses311 37 41 389 — 389 
Other segment items (a)884 410 55 1,349 (302)1,047 
Income before income taxes$1,613 $79 $36 $1,728 $128 $1,856 
Other segment disclosures:
Net finance receivables and net investment in operating leases$119,452 $22,643 $3,597 $145,692 $— $145,692 
Total assets131,212 26,099 4,023 161,334 — 161,334 
First Nine Months 2026
Total revenue$9,339 $1,205 $249 $10,793 $— $10,793 
Total revenue less:
Depreciation on vehicles subject to operating leases2,065 58 — 2,123 — 2,123 
Interest expense4,293 540 132 4,965 188 5,153 
Provision for credit losses300 166 29 495 — 495 
Other segment items (a)881 221 46 1,148 (469)679 
Income before income taxes$1,800 $220 $42 $2,062 $281 $2,343 
Other segment disclosures:
Net finance receivables and net investment in operating leases$121,997 $21,102 $3,039 $146,138 $— $146,138 
Total assets134,007 24,103 3,452 161,562 — 161,562 
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(a)Other items consists of Operating expenses, Insurance expenses, and Other income/(loss), net.