v3.26.3
Consolidated Statements of Financial Position - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Assets:    
Cash and cash equivalents $ 662 $ 533
Finance receivables, net of allowance for credit losses of $332 and $284 35,971 32,815
Notes receivable from Caterpillar 649 663
Equipment on operating leases, net 2,993 2,927
Other assets 1,086 1,375
Total assets 41,361 38,313
Liabilities and shareholder’s equity:    
Payable to dealers and others 132 106
Payable to Caterpillar - borrowings and other 1,646 1,172
Accrued expenses 664 553
Short-term borrowings 4,855 5,514
Current maturities of long-term debt 8,144 7,085
Long-term debt 21,552 20,018
Other liabilities 674 638
Total liabilities 37,667 35,086
Commitments and contingent liabilities (Note 7)
Common stock - $1 par value Authorized: 2,000 shares; Issued and outstanding: one share (at paid-in amount) 745 745
Additional paid-in capital 2 2
Retained earnings 3,786 3,352
Accumulated other comprehensive income (loss) (907) (938)
Noncontrolling interests 68 66
Total shareholder’s equity 3,694 3,227
Total liabilities and shareholder’s equity $ 41,361 $ 38,313