Supplemental Information (Tables)

6 Months Ended

Jun. 30, 2018

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Supplemental Information of Income Statement

	Statement of Operations
	Industrial Activities						Financial Services
	Three Months Ended June 30,						Three Months Ended June 30,
	2018			2017			2018			2017
	(in millions)
Revenues
Net sales	$	7,579		$	6,525		$	—		$	—
Finance, interest and other income		23			29			498			502
Total Revenues	$	7,602		$	6,554		$	498		$	502
Costs and Expenses
Cost of goods sold	$	6,188		$	5,393		$	—		$	—
Selling, general and administrative expenses		545			515			48			56
Research and development expenses		262			228			—			—
Restructuring expenses		5			11			—			1
Interest expense		111			150			136			137
Other, net		124			59			178			187
Total Costs and Expenses	$	7,235		$	6,356		$	362		$	381
Income before income taxes and equity in income of unconsolidated subsidiaries and affiliates		367			198			136			121
Income tax (expense) benefit		(79	)		(69	)		(39	)		(41	)
Equity in income of unconsolidated subsidiaries      and affiliates		18			20			5			7
Results from intersegment investments		102			87			—			—
Net income	$	408		$	236		$	102		$	87

	Statement of Operations
	Industrial Activities						Financial Services
	Six Months Ended June 30,						Six Months Ended June 30,
	2018			2017			2018			2017
	(in millions, except share data)
Revenues
Net sales	$	13,879		$	11,815		$	—		$	—
Finance and interest income		50			65			1,000			1,014
Total Revenues	$	13,929		$	11,880		$	1,000		$	1,014
Costs and Expenses
Cost of goods sold	$	11,444		$	9,875		$	—		$	—
Selling, general and administrative expenses		1,072			989			111			121
Research and development expenses		489			419			—			—
Restructuring expenses		8			22			—			2
Interest expense		231			289			272			268
Interest compensation to Financial Services		—			—			—			—
Other, net		204			128			349			383
Total Costs and Expenses	$	13,448		$	11,722		$	732		$	774
Income before income taxes and equity in income of unconsolidated subsidiaries and affiliates		481			158			268			240
Income taxes		(102	)		(82	)		(79	)		(79	)
Equity income of unconsolidated subsidiaries and    affiliates		26			32			16			13
Results from intersegment investments		205			174			—			—
Net income	$	610		$	282		$	205		$	174

Supplemental Information of Balance Sheet

	Balance Sheets
	Industrial Activities				Financial Services
	June 30, 2018		December 31, 2017		June 30, 2018		December 31, 2017
	(in millions)
ASSETS
Cash and cash equivalents	$	4,026	$	4,901	$	534	$	529
Restricted cash		—		—		657		770
Trade receivables		543		490		38		53
Financing receivables		1,739		1,718		20,441		20,699
Inventories, net		6,924		6,236		207		216
Property, plant and equipment, net		6,253		6,829		1		2
Investments in unconsolidated subsidiaries and affiliates		3,171		3,173		208		205
Equipment under operating leases		38		35		1,706		1,810
Goodwill		2,306		2,316		154		156
Other intangible assets, net		749		779		13		13
Deferred tax assets		755		869		186		198
Derivative assets		111		73		13		14
Other assets		1,742		1,742		320		358
Total Assets	$	28,357	$	29,161	$	24,478	$	25,023
LIABILITIES AND EQUITY
Debt	$	6,983	$	7,443	$	20,593	$	21,075
Trade payables		6,191		5,936		150		193
Deferred tax liabilities		97		94		192		215
Pension, postretirement and other postemployment benefits		1,599		2,280		28		20
Derivative liabilities		107		88		30		20
Other liabilities		8,774		9,063		645		686
Total Liabilities	$	23,751	$	24,904	$	21,638	$	22,209
Equity		4,579		4,232		2,840		2,814
Redeemable noncontrolling interest		27		25		—		—
Total Liabilities and Equity	$	28,357	$	29,161	$	24,478	$	25,023

Supplemental Information of Cash Flow

	Statements of Cash Flows
	Industrial Activities						Financial Services
	Six Months Ended June 30,						Six Months Ended June 30,
	2018			2017			2018			2017
	(in millions)
Operating activities:
Net income	$	610		$	282		$	205		$	174
Adjustments to reconcile net income (loss) to net cash    provided by (used in) operating activities:
Depreciation and amortization expense, net of    assets under operating leases and assets sold    under buy-back commitments		361			352			3			2
Depreciation and amortization expense of    assets under operating leases and assets    sold under buy-back commitments		197			152			126			128
Loss on disposal of assets		—			1			—			—
Loss on repurchase/early redemption of notes		—			17			—			—
Undistributed loss of unconsolidated subsidiaries		(94	)		(2	)		(16	)		(13	)
Other non-cash items		83			39			27			39
Changes in operating assets and liabilities:
Provisions		(52	)		36			(4	)		(4	)
Deferred income taxes		(51	)		(74	)		(27	)		(12	)
Trade and financing receivables related to    sales, net		(99	)		(2	)		(122	)		(284	)
Inventories, net		(988	)		(909	)		223			249
Trade payables		608			658			(31	)		(45	)
Other assets and liabilities		(182	)		(28	)		41			57
Net cash provided by operating activities	$	393		$	522		$	425		$	291
Investing activities:
Additions to retail receivables		—			—			(1,999	)		(1,806	)
Collections of retail receivables		—			—			2,151			2,190
Proceeds from sale of assets, net of assets sold    under operating leases and assets sold under    buy-back commitments		1			2			—			—
Expenditures for property, plant and equipment    and intangible assets, net of assets under    operating leases and sold under buy-back    commitments		(158	)		(165	)		(3	)		—
Expenditures for assets under operating leases and    assets sold under buy-back commitments		(334	)		(496	)		(257	)		(354	)
Other		643			(133	)		(473	)		88
Net cash provided by (used in) investing activities	$	152		$	(792	)	$	(581	)	$	118
Financing activities:
Proceeds from long-term debt		1			713			7,257			6,682
Payments of long-term debt		(1,175	)		(973	)		(7,672	)		(7,131	)
Net increase (decrease) in other financial liabilities		298			(67	)		567			157
Dividends paid		(238	)		(165	)		(91	)		(169	)
Other		(134	)		(5	)		39			29
Net cash provided by (used in) financing activities	$	(1,248	)	$	(497	)	$	100		$	(432	)
Effect of foreign exchange rate changes on cash and    cash equivalents and restricted cash		(172	)		209			(52	)		18
Decrease in cash and cash equivalents and restricted cash		(875	)		(558	)		(108	)		(5	)
Cash and cash equivalents and restricted cash, beginning of year		4,901			4,649			1,299			1,205
Cash and cash equivalents and restricted cash, end of period	$	4,026		$	4,091		$	1,191		$	1,200