Exhibit 99.1   

      2017 SECOND QUARTER RESULTS  

CNH Industrial 2017 second quarter revenues up 3% to $6.9 billion, net income at $247 million, with adjusted net income⁽²⁾⁽³⁾ up 23% to $266 million or $0.19 per share.

Net industrial debt at $2.1 billion

Financial results presented under U.S. GAAP⁽¹⁾

● Industrial Activities’ revenues up 3.2% (up 4.5% on a constant currency basis) on strengthening agricultural equipment demand in LATAM and positive developments in APAC markets across all segments

● Operating profit⁽²⁾⁽³⁾ of Industrial Activities increased 6.2% to $481 million, with an operating margin of 7.2% as a result of a solid performance in all segments

● Adjusted net income increased to $266 million in the second quarter of 2017, with adjusted diluted EPS(2)(3) of $0.19

● Net industrial debt⁽²⁾⁽³⁾ was $2.1 billion at June 30, 2017, in line with March 31, 2017

● In June, S&P Global Ratings raised the credit ratings of both CNH Industrial N.V. and CNH Industrial Capital LLC to “investment grade”, with stable outlook

● Full year guidance leading to the high end of the sales and EPS range

Summary of Results     ($ million except EPS)
	Six Months Ended June 30,							Three Months Ended June 30,
	2017		2016		Change			2017		2016		Change
		12,629		12,125		4.2%	Revenues		6,948		6,753		2.9%
		296		(384)		680	Net income (loss)		247		129		118
		324		217		107	Adjusted net income		266		216		50
		0.21		(0.28)		0.49	Basic EPS ($)		0.18		0.10		0.08
		0.21		(0.28)		0.49	Diluted EPS ($)		0.18		0.10		0.08
		0.23		0.16		0.07	Adjusted diluted EPS ($)		0.19		0.16		0.03

London (UK) – (July 26, 2017) CNH Industrial N.V. (NYSE:CNHI / MI:CNHI) today announced consolidated revenues of $6,948 million for the second quarter of 2017, up 2.9% compared to the second quarter of 2016. Net sales of Industrial Activities were $6,655 million in the second quarter of 2017, up 3.2% compared to the second quarter of 2016. Reported net income was $247 million for the second quarter of 2017 and includes a charge of $17 million ($11 million net of tax impact) related to the early redemption, in June 2017, of all outstanding Case New Holland Industrial Inc. 7 ⁷⁄₈% Senior Notes due 2017. Adjusted net income was $266 million for the second quarter, with adjusted diluted EPS of $0.19, up 19% compared to the second quarter of 2016.

Operating profit of Industrial Activities was $481 million for the second quarter of 2017, a $28 million increase compared to the second quarter of 2016, with an operating margin of 7.2%, up 0.2 p.p. compared to the second quarter of 2016.

(1) CNH Industrial reports quarterly and annual consolidated financial results under U.S. GAAP and EU-IFRS. The tables and discussion related to the financial results of the Company and its segments shown in this press release are prepared in accordance with U.S. GAAP. Financial results under EU-IFRS are shown in specific tables at the end of this press release.

(2) This item is a non-GAAP financial measure. Refer to the “Non-GAAP Financial Information” section of this press release for information regarding non-GAAP financial measures.

(3) Refer to the specific table in the “Other Supplemental Financial Information” section of this press release for the reconciliation between the non-GAAP financial measure and the most comparable GAAP financial measure.

CNH Industrial N.V.

Corporate Office:

25 St. James’s Street

London, SW1A 1HA

United Kingdom

        2017 SECOND QUARTER RESULTS  

Income taxes were $113 million in the second quarter of 2017 ($107 million in the second quarter of 2016). Adjusted income taxes⁽¹⁾⁽²⁾ for the second quarter of 2017 were $123 million ($107 million in the second quarter of 2016). The adjusted effective tax rate (adjusted ETR)⁽¹⁾⁽²⁾ was 34% (36% in the second quarter of 2016).

Net industrial debt was $2.1 billion at June 30, 2017, in line with March 31, 2017, with cash flow generation from industrial operations of more than $400 million in the second quarter, offset by the payment of $161 million in dividends to shareholders in May 2017 and a foreign exchange impact on euro denominated debt. Total debt was $25.5 billion at June 30, 2017, compared to $24.5 billion at March 31, 2017. At June 30, 2017, available liquidity⁽¹⁾⁽²⁾ was $8.3 billion, up $0.8 billion compared to March 31, 2017.

During the quarter, the Company redeemed all of the outstanding $636 million aggregate principal amount of its 7 ⁷⁄₈% Senior Notes due 2017 (the “2017 Notes”). The $17 million one-time charge related to the early redemption of the notes will be more than offset by interest cost savings achieved through the remaining original term of the 2017 Notes.

On June 15, 2017, S&P Global Ratings raised its long-term corporate credit rating on both CNH Industrial N.V. and CNH Industrial Capital LLC from “BB+” to “BBB-” with stable outlook. The short-term rating of CNH Industrial N.V. was raised from “B” to “A-3”. The issue-level ratings of both CNH Industrial N.V. and CNH Industrial Capital LLC were also raised to “BBB-”.

Segment Results

CNH INDUSTRIAL
Revenues by Segment    ($ million)
	Six Months Ended June 30,								Three Months Ended June 30,
	2017	2016		% change		% change excl. FX(1)			2017		2016		% change		% change     excl. FX(1)
	5,239		4,932		6.2		5.6	Agricultural Equipment		2,893		2,808		3.0	3.3
	1,199		1,131		6.0		5.8	Construction Equipment		676		595		13.6	13.5
	4,666		4,640		0.6		2.9	Commercial Vehicles		2,575		2,595		-0.8	1.4
	2,138		1,905		12.2		15.3	Powertrain		1,136		1,023		11.0	13.8
	(1,203)		(1,082)		-		-	Eliminations and other		(625)		(571)		-	-
	12,039		11,526		4.5		5.4	Total Industrial Activities		6,655		6,450		3.2	4.5
	796		787		1.1		-0.5	Financial Services		400		399		0.3	-
	(206)		(188)		-		-	Eliminations and other		(107)		(96)		-	-
	12,629		12,125		4.2		4.9	Total		6,948		6,753		2.9	3.8
	(1)   “Change excl. FX” or “constant currency” is a non-GAAP financial measure. Refer to the “Non-GAAP Financial Information” section of this press release for information regarding non-GAAP financial measures.

(1) This item is a non-GAAP financial measure. Refer to the “Non-GAAP Financial Information” section of this press release for information regarding non-GAAP financial measures.

(2) Refer to the specific table in the “Other Supplemental Financial Information” section of this press release for the reconciliation between the non-GAAP financial measure and the most comparable GAAP financial measure.

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        2017 SECOND QUARTER RESULTS  

CNH INDUSTRIAL
Operating Profit (loss)(1) by Segment    ($ million)
	Six Months Ended June 30,										Three Months Ended June 30,
	2017   Profit	2016 Profit		$ change		2017 Margin		2016 Margin			2017 Profit		2016 Profit		$ change		2017 Margin		2016   Margin
	462		391		71		8.8%		7.9%	Agricultural     Equipment		303		301		2		10.5%	10.7%
	(5)		31		-36		(0.4)%		2.7%	Construction     Equipment		17		17		-		2.5%	2.9%
	119		138		-19		2.6%		3.0%	Commercial Vehicles		91		100		-9		3.5%	3.9%
	172		119		53		8.0%		6.2%	Powertrain		98		66		32		8.6%	6.5%
	(48)		(48)		-		-		-	Eliminations and     other		(28)		(31)		3		-	-
	700		631		69		5.8%		5.5%	Total     Industrial Activities		481		453		28		7.2%	7.0%
	245		249		-4		30.8%		31.6%	Financial Services		125		119		6		31.3%	29.8%
	(165)		(160)		-5		-		-	Eliminations and     other		(83)		(84)		1		-	-
	780		720		60		6.2%		5.9%	Total		523		488		35		7.5%	7.2%
	(1)   Operating profit of Industrial Activities (a non-GAAP financial measure) is defined as net sales less cost of goods sold, selling, general and administrative expenses, and research and development expenses. Operating profit of Financial Services (a non-GAAP financial measure) is defined as revenues less selling, general and administrative expenses, interest expense and certain other operating expenses.

Agricultural Equipment’s net sales increased 3.0% in the second quarter of 2017 compared to the second quarter of 2016 (up 3.3% on a constant currency basis), as a result of a strong rebound in demand in LATAM. Net sales increased in APAC, mainly driven by favorable volume in Australia, and in the EMEA region. Net sales, as forecast, were down in NAFTA due to unfavorable industry volume in the small grain and hay & forage product lines.

Operating profit was $303 million in the second quarter ($301 million in the second quarter of 2016), with an operating margin of 10.5% (down 0.2 p.p. compared to the second quarter of 2016). Favorable volume in LATAM including improved fixed cost absorption, and disciplined net price realization across all regions, offset negative volume and mix in NAFTA and increased spending on research and development.

Construction Equipment’s net sales increased 13.6% in the second quarter of 2017 compared to the second quarter of 2016 (up 13.5% on a constant currency basis), as a result of a strengthening of NAFTA and APAC markets.

Operating profit was $17 million in the second quarter of 2017, flat compared to the second quarter of 2016, with an operating margin of 2.5% (down 0.4 p.p. compared to the second quarter of 2016). The favorable volume trend was offset by foreign exchange impact on product cost. Net pricing was stable across the major markets.

Commercial Vehicles’ net sales decreased 0.8% in the second quarter of 2017 compared to the second quarter of 2016 (up 1.4% on a constant currency basis). Higher volumes in APAC and LATAM were more than offset by lower truck and bus volume in EMEA, mainly due to the 2016 Euro VI pre-buy effect in the light vehicle range.

Operating profit was $91 million for the second quarter of 2017 ($100 million in the second quarter of 2016), with an operating margin of 3.5% (down 0.4 p.p. compared to the second quarter of 2016). The decrease was primarily due to lower volume and unfavorable mix in EMEA, partially offset by manufacturing efficiencies and material cost reductions.

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        2017 SECOND QUARTER RESULTS  

Powertrain’s net sales increased 11.0% in the second quarter of 2017 compared to the second quarter of 2016 (up 13.8% on a constant currency basis), as a result of higher volumes. Sales to external customers accounted for 47% of total net sales (46% in the second quarter of 2016).

Operating profit was $98 million for the second quarter of 2017, a $32 million increase compared to the second quarter of 2016, with an operating margin of 8.6%, up 2.1 p.p. compared to the second quarter of 2016 as a result of higher volumes and manufacturing efficiencies.

Financial Services’ revenues totaled $400 million in the second quarter of 2017, flat compared to the second quarter of 2016. In the second quarter of 2017, retail loan originations (including unconsolidated joint ventures) were $2.3 billion, flat compared to the second quarter of 2016. The managed portfolio (including unconsolidated joint ventures) was $25.6 billion as of June 30, 2017 (of which retail was 63% and wholesale 37%), up $0.3 billion compared to June 30, 2016.

Net income was $87 million in the second quarter of 2017, flat compared to the second quarter of 2016.

2017 Outlook

During the first half of 2017, market conditions across our major segments have been better than originally expected, despite continued inventory destocking efforts in high horsepower tractors in NAFTA row crop, weakened demand in hay & forage product lines, and persisting end-market weakness in France. Therefore, the Company is leading its 2017 guidance for sales and EPS to the upper end of the range while keeping the net industrial debt guidance unchanged as follows:

• Net sales of Industrial Activities of approximately $24 billion;

• Adjusted diluted EPS⁽¹⁾ of approximately $0.41;

• Net industrial debt at the end of 2017 between $1.4 billion and $1.6 billion.

(1) Outlook is not provided on diluted EPS, the most comparable GAAP financial measure of this non-GAAP financial measure, as the income or expense excluded from the calculation of adjusted diluted EPS and instead included in the calculation of diluted EPS are, by definition, not predictable and uncertain.

4     

        2017 SECOND QUARTER RESULTS  

About CNH Industrial

CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions. More information can be found on the corporate website: www.cnhindustrial.com

Additional Information

Today, at 3:30 p.m. CEST / 2:30 p.m. BST / 9:30 a.m. EDT, management will hold a conference call to present 2017 second quarter and first half results to financial analysts and institutional investors. The call can be followed live online at: http://bit.ly/CNH_Industrial_Q2_2017 and a recording will be available later on the Company’s website (www.cnhindustrial.com). A presentation will be made available on the CNH Industrial website prior to the call.

Non-GAAP Financial Information

CNH Industrial monitors its operations through the use of several non-GAAP financial measures. CNH Industrial’s management believes that these non-GAAP financial measures provide useful and relevant information regarding its results and allow management and investors to assess CNH Industrial’s operating trends, financial performance and financial position. Management uses these non-GAAP measures to identify operational trends, as well as make decisions regarding future spending, resource allocations and other operational decisions as they provide additional transparency with respect to our core operations. These non-GAAP financial measures have no standardized meaning presented in U.S. GAAP or EU-IFRS and are unlikely to be comparable to other similarly titled measures used by other companies due to potential differences between the companies in calculations. As a result, the use of these non-GAAP measures has limitations and they should not be considered as substitutes for measures of financial performance and financial position as prepared in accordance with U.S. GAAP and/or EU-IFRS.

CNH Industrial non-GAAP financial measures are defined as follows:

• Operating Profit under U.S. GAAP: Operating Profit of Industrial Activities is defined as net sales less cost of goods sold, selling, general and administrative expenses, and research and development expenses. Operating Profit of Financial Services is defined as revenues less selling, general and administrative expenses, interest expense and certain other operating expenses.

• Trading Profit under EU-IFRS: Trading Profit is derived from financial information prepared in accordance with EU-IFRS and is defined as net revenues less cost of sales, selling, general and administrative costs, research and development costs, and other operating income and expenses.

• Operating Profit under EU-IFRS: Operating Profit under EU-IFRS is computed starting from Trading Profit under EU-IFRS plus/minus restructuring costs, other income (expenses) that are unusual in the ordinary course of business (such as gains and losses on the disposal of investments and other unusual items arising from infrequent external events or market conditions).

• Adjusted Net Income (Loss): is defined as net income (loss), less restructuring charges and non-recurring items, after tax. In particular, non-recurring items are specifically disclosed items that management considers rare or discrete events that are infrequent in nature and not reflective of on-going operational activities.

• Adjusted Diluted EPS: is computed by dividing Adjusted Net Income (loss) attributable to CNH Industrial N.V. by a weighted-average number of common shares outstanding during the period that takes into consideration potential common shares outstanding deriving from the CNH Industrial share-based payment awards, when inclusion is not anti-dilutive.

5     

        2017 SECOND QUARTER RESULTS  

• Adjusted Income Taxes: is defined as income taxes less the tax effect of restructuring expenses and non-recurring items and non-recurring tax charges.

• Adjusted Effective Tax Rate (Adjusted ETR): is computed by dividing a) adjusted income taxes by b) income (loss) before income taxes and equity in income of unconsolidated subsidiaries and affiliates, less restructuring expenses and non-recurring items.

• Net Debt and Net Debt of Industrial Activities (or Net Industrial Debt): Net Debt is defined as total debt less intersegment notes receivable, cash and cash equivalents, restricted cash and derivative hedging debt. CNH Industrial provides the reconciliation of Net Debt to Total Debt, which is the most directly comparable measure included in the consolidated balance sheets. Due to different sources of cash flows used for the repayment of the debt between Industrial Activities and Financial Services (by cash from operations for Industrial Activities and by collection of financing receivables for Financial Services), management separately evaluates the cash flow performance of Industrial Activities using Net Debt of Industrial Activities.

• Available Liquidity: is defined as cash and cash equivalents plus restricted cash and undrawn committed facilities.

• Change excl. FX or Constant Currency: CNH Industrial discusses the fluctuations in revenues on a constant currency basis by applying the prior year average exchange rates to current year’s revenues expressed in local currency in order to eliminate the impact of foreign exchange rate fluctuations.

The tables attached to this press release provide reconciliations of the non-GAAP measures used in this press release to the most directly comparable GAAP measures.

Forward-looking statements

All statements other than statements of historical fact contained in this earning release including statements regarding our competitive strengths; business strategy; future financial position or operating results; budgets; projections with respect to revenue, income, earnings (or loss) per share, capital expenditures, dividends, capital structure or other financial items; costs; and plans and objectives of management regarding operations and products, are forward-looking statements. These statements may include terminology such as “may”, “will”, “expect”, “could”, “should”, “intend”, “estimate”, “anticipate”, “believe”, “outlook”, “continue”, “remain”, “on track”, “design”, “target”, “objective”, “goal”, “forecast”, “projection”, “prospects”, “plan”, or similar terminology. Forward-looking statements are not guarantees of future performance. Rather, they are based on current views and assumptions and involve known and unknown risks, uncertainties and other factors, many of which are outside our control and are difficult to predict. If any of these risks and uncertainties materialize or other assumptions underlying any of the forward-looking statements prove to be incorrect, the actual results or developments may differ materially from any future results or developments expressed or implied by the forward-looking statements. Factors, risks and uncertainties that could cause actual results to differ materially from those contemplated by the forward-looking statements include, among others: the many interrelated factors that affect consumer confidence and worldwide demand for capital goods and capital goods-related products; general economic conditions in each of our markets; changes in government policies regarding banking, monetary and fiscal policies; legislation, particularly relating to capital goods-related issues such as agriculture, the environment, debt relief and subsidy program policies, trade and commerce and infrastructure development; government policies on international trade and investment, including sanctions, import quotas, capital controls and tariffs; actions of competitors in the various industries in which we compete; development and use of new technologies and technological difficulties; the interpretation of, or adoption of new, compliance requirements with respect to engine emissions, safety or other aspects of our products; production difficulties, including capacity and supply constraints and excess inventory levels; labor relations; interest rates and currency exchange rates; inflation and deflation; energy prices; prices for agricultural commodities; housing starts and other construction activity; our ability to obtain financing or to refinance existing debt; a decline in the price of used vehicles; the resolution of pending litigation and investigations on a wide range of topics, including dealer and supplier litigation, follow-on private litigation in various jurisdictions after the settlement of the EU antitrust investigation announced on July 19, 2016, intellectual property rights disputes, product warranty and defective product claims, and emissions and/or fuel economy regulatory and contractual issues; our pension plans and other post-employment obligations; political and civil unrest; volatility and deterioration of capital and financial markets, including further deterioration of the Eurozone sovereign debt crisis, possible effects of “Brexit”, political evolutions in Turkey, terror attacks in Europe and elsewhere, and other similar risks and uncertainties and our success in managing the risks involved in the foregoing. Further information concerning factors, risks, and uncertainties that could materially affect the Company’s financial results is included in our annual report on Form 20-F for the year ended

6     

        2017 SECOND QUARTER RESULTS  

December 31, 2016, prepared in accordance with U.S. GAAP, and in the Company’s EU Annual Report at December 31, 2016, prepared in accordance with EU-IFRS. Investors should refer to and consider the incorporated information on risks, factors, and uncertainties in addition to the information presented here.

Forward-looking statements speak only as of the date on which such statements are made. Furthermore, in light of ongoing difficult macroeconomic conditions, both globally and in the industries in which we operate, it is particularly difficult to forecast our results and any estimates or forecasts of particular periods that we provide in this earnings release are uncertain. Accordingly, investors should not place undue reliance on such forward-looking statements. We can give no assurance that the expectations reflected in our forward-looking statements will prove to be correct. Our outlook is based upon assumptions relating to the factors described in the earnings release, which are sometimes based upon estimates and data received from third parties. Such estimates and data are often revised. Our actual results could differ materially from those anticipated in such forward-looking statements. We undertake no obligation to update or revise publicly our outlook or forward-looking statements. Further information concerning CNH Industrial and its businesses, including factors that potentially could materially affect CNH Industrial’s financial results, is included in CNH Industrial’s reports and filings with the U.S. Securities and Exchange Commission (“SEC”), the Autoriteit Financiële Markten (“AFM”) and Commissione Nazionale per le Società e la Borsa (“CONSOB”).

All future written and oral forward-looking statements by CNH Industrial or persons acting on the behalf of CNH Industrial are expressly qualified in their entirety by the cautionary statements contained herein or referred to above.

Contacts

Media Inquiries	Investor Relations
United Kingdom	United Kingdom
Richard Gadeselli	Federico Donati
Tel: +44 207 7660 346	Tel: +44 207 7660 386 United States
Laura Overall	Noah Weiss
Tel: +44 207 7660 338	Tel: +1 630 887 3745
E-mail: mediarelations@cnhind.com www.cnhindustrial.com

7     

CNH INDUSTRIAL N.V.

Condensed Consolidated Statements of Operations

For The Three Months Ended June 30, 2017 and 2016 and For The Six Months Ended June 30, 2017

and 2016

(Unaudited)

(U.S. GAAP)

	Three Months Ended June 30,				Six Months Ended June 30,
($ million)	2017		2016		2017		2016
Revenues
Net sales		6,655		6,450		12,039		11,526
Finance and interest income		293		303		590		599
TOTAL REVENUES		6,948		6,753		12,629		12,125
Costs and Expenses
Cost of goods sold		5,427		5,252		9,924		9,490
Selling, general and administrative expenses		575		595		1,117		1,141
Research and development expenses		228		225		419		408
Restructuring expenses		12		10		24		25
Interest expense(1)		234		240		453		470
Other, net(2)		139		190		280		820
TOTAL COSTS AND EXPENSES		6,615		6,512		12,217		12,354
INCOME (LOSS) BEFORE INCOME TAXES AND EQUITY IN INCOME OF UNCONSOLIDATED SUBSIDIARIES AND AFFILIATES		333		241		412		(229)
Income tax (expense)		(113)		(107)		(161)		(147)
Equity in income of unconsolidated subsidiaries and affiliates(3)		27		(5)		45		(8)
NET INCOME (LOSS)		247		129		296		(384)
Net income (loss) attributable to noncontrolling interests		5		3		8		2
NET INCOME (LOSS) ATTRIBUTABLE TO CNH INDUSTRIAL N.V.		242		126		288		(386)
(in $)
Earnings (loss) per share attributable to common shareholders
Basic		0.18		0.10		0.21		(0.28)
Diluted		0.18		0.10		0.21		(0.28)
Cash dividends declared per common share		0.118		0.148		0.118		0.148

Notes:

(1) In the three and six months ended June 30, 2017, Interest expense includes the charge of $17 million related to the early redemption of all outstanding Case New Holland Industrial Inc. 7 ⁷⁄₈% Senior Notes due 2017.

(2) In the three and six months ended June 30, 2016, Other, net included the non-recurring charge of $49 million and $551 million, respectively, related to the European Commission settlement.

(3) In the three and six months ended June 30, 2016, Equity in income of unconsolidated subsidiaries and affiliates included a negative impact of $28 million incurred by the joint venture Naveco Ltd due to its exit from a line of business.

These Condensed Consolidated Statements of Operations should be read in conjunction with the Company’s Audited Consolidated Financial Statements and Notes for the Year Ended December 31, 2016 included in the Annual Report on Form 20-F. These Condensed Consolidated Statements of Operations represent the consolidation of all CNH Industrial N.V. subsidiaries.

8

CNH INDUSTRIAL N.V.

Condensed Consolidated Balance Sheets

As of June 30, 2017 and December 31, 2016

(Unaudited)

(U.S. GAAP)

($ million)	June 30, 2017			December 31, 2016
ASSETS
Cash and cash equivalents		4,601			5,017
Restricted cash		690			837
Trade receivables, net		656			623
Financing receivables, net		18,939			18,662
Inventories, net		6,965			5,609
Property, plant and equipment, net		6,794			6,397
Investments in unconsolidated subsidiaries and affiliates		532			487
Equipment under operating leases		1,928			1,907
Goodwill		2,463			2,449
Other intangible assets, net		776			787
Deferred tax assets		1,000			937
Derivative assets		88			95
Other assets		1,832			1,740
TOTAL ASSETS		47,264			45,547
LIABILITIES AND EQUITY
Debt		25,474			25,276
Trade payables		6,129			5,185
Deferred tax liabilities		98			84
Pension, postretirement and other postemployment benefits		2,328			2,276
Derivative liabilities		94			249
Other liabilities		8,661			8,005
Total Liabilities		42,784			41,075
Redeemable noncontrolling interest		23			21
Common shares, €0.01, par value; outstanding 1,364,122,455 common shares and 396,237,285 special voting shares at 06/30/2017; and outstanding 1,361,630,903 common shares and 412,268,203 special voting shares at 12/31/2016		25			25
Treasury stock, at cost: 9,674 common shares at 06/30/2017 and 1,278,708 common shares at 12/31/2016		—			(9	)
Additional paid in capital		4,413			4,408
Retained earnings		1,914			1,787
Accumulated other comprehensive loss		(1,902	)		(1,767	)
Noncontrolling interests		7			7
Equity		4,457			4,451
TOTAL LIABILITIES AND EQUITY		47,264			45,547

These Condensed Consolidated Balance Sheets should be read in conjunction with the Company’s Audited Consolidated Financial Statements and Notes for the Year Ended December 31, 2016 included in the Annual Report on Form 20-F. These Condensed Consolidated Balance Sheets represent the consolidation of all CNH Industrial N.V. subsidiaries.

9

CNH INDUSTRIAL N.V.

Condensed Consolidated Statements of Cash Flows

For The Six Months Ended June 30, 2017 and 2016

(Unaudited)

(U.S. GAAP)

	Six Months Ended June 30,
($ million)	2017		2016
Operating activities:
Net income (loss)		296		(384)
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		354		358
Depreciation and amortization expense of assets under operating leases and assets sold under buy-back commitments		280		271
Loss from disposal of assets		12		2
Loss on repurchase/early redemption of Notes		17		-
Undistributed income (loss) of unconsolidated subsidiaries		(10)		65
Other non-cash items		87		116
Changes in operating assets and liabilities:
Provisions		41		507
Deferred income taxes		(85)		9
Trade and financing receivables related to sales, net		(291)		(276)
Inventories, net		(1,057)		(806)
Trade payables		617		394
Other assets and liabilities		6		222
NET CASH PROVIDED BY OPERATING ACTIVITIES		267		478
Investing activities:
Additions to retail receivables		(1,806)		(1,781)
Collections of retail receivables		2,190		2,328
Proceeds from the sale of assets, net of assets under operating leases and assets sold under buy-back commitments		2		8
Proceeds from the sale of assets previously under operating leases and assets sold under buy-back commitments		377		323
Expenditures for property, plant and equipment and intangible assets, net of assets under operating leases and assets sold under buy-back commitments		(165)		(172)
Expenditures for assets under operating leases and assets sold under buy-back commitments		(850)		(669)
Other		145		(148)
NET CASH USED IN INVESTING ACTIVITIES		(107)		(111)
Financing activities:
Proceeds from long-term debt		7,395		5,417
Payment of long-term debt		(8,104)		(5,981)
Net increase (decrease) in other financial liabilities		90		(192)
Dividends paid		(165)		(204)
Other		(5)		(58)
NET CASH USED IN FINANCING ACTIVITIES		(789)		(1,018)
Effect of foreign exchange rate changes on cash and cash equivalents		213		149
DECREASE IN CASH AND CASH EQUIVALENTS		(416)		(502)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR		5,017		5,384
CASH AND CASH EQUIVALENTS, END OF PERIOD		4,601		4,882

These Condensed Consolidated Statements of Cash Flows should be read in conjunction with the Company’s Audited Consolidated Financial Statements and Notes for the Year Ended December 31, 2016 included in the Annual Report on Form 20-F. These Condensed Consolidated Statements of Cash Flows represent the consolidation of all CNH Industrial N.V. subsidiaries.

10

CNH INDUSTRIAL N.V.

Supplemental Statements of Operations

For The Three Months Ended June 30, 2017 and 2016 and For The Six Months Ended June 30, 2017

and 2016

(Unaudited)

(U.S. GAAP)

					Industrial Activities				Financial Services
($ million)	Three Months Ended June 30,				Six Months Ended June 30,				Three Months Ended June 30,				Six Months Ended June 30,
	2017		2016		2017		2016		2017		2016		2017		2016
Revenues
Net sales		6,655		6,450		12,039		11,526		-		-		-		-
Finance and interest income		29		33		65		64		400		399		796		787
TOTAL REVENUES		6,684		6,483		12,104		11,590		400		399		796		787
Costs and Expenses
Cost of goods sold		5,427		5,252		9,924		9,490		-		-		-		-
Selling, general and administrative expenses		519		520		996		997		56		75		121		144
Research and development expenses		228		225		419		408		-		-		-		-
Restructuring expenses		11		9		22		24		1		1		2		1
Interest expense		150		152		289		302		137		132		268		258
Interest compensation to Financial Services		84		85		166		161		-		-		-		-
Other, net		53		116		116		681		85		74		165		140
TOTAL COSTS AND EXPENSES		6,472		6,359		11,932		12,063		279		282		556		543
INCOME (LOSS) BEFORE INCOME TAXES AND EQUITY IN INCOME OF UNCONSOLIDATED SUBSIDIARIES AND AFFILIATES		212		124		172		(473)		121		117		240		244
Income tax (expense)		(72)		(70)		(82)		(64)		(41)		(37)		(79)		(83)
Equity in income of unconsolidated subsidiaries and affiliates		20		(12)		32		(21)		7		7		13		13
Results from intersegment investments		87		87		174		174		-		-		-		-
NET INCOME (LOSS)		247		129		296		(384)		87		87		174		174

These Supplemental Statements of Operations are presented for informational purposes. The supplemental Industrial Activities data in these statements (with Financial Services on the equity basis) include CNH Industrial N.V.’s Agricultural Equipment, Construction Equipment, Commercial Vehicles and Powertrain segments, as well as Corporate functions. The supplemental Financial Services data in these statements refer to CNH Industrial N.V.’s Financial Services segment. Transactions between Industrial Activities and Financial Services have been eliminated to arrive at the consolidated financial statements.

11

CNH INDUSTRIAL N.V.

Supplemental Balance Sheets

As of June 30, 2017 and December 31, 2016

(Unaudited)

(U.S. GAAP)

	Industrial Activities			Financial Services
($ million)	June 30, 2017	December 31, 2016		June 30, 2017		December 31, 2016
ASSETS
Cash and cash equivalents	4,085		4,649		516		368
Restricted cash	6		-		684		837
Trade receivables	626		596		54		58
Financing receivables	1,373		1,592		19,687		19,546
Inventories, net	6,767		5,396		198		213
Property, plant and equipment, net	6,792		6,395		2		2
Investments in unconsolidated subsidiaries and affiliates	3,008		2,886		181		153
Equipment under operating leases	31		17		1,897		1,890
Goodwill	2,309		2,296		154		153
Other intangible assets, net	763		772		13		15
Deferred tax assets	1,161		1,060		205		188
Derivative assets	83		98		16		8
Other assets	1,718		1,505		334		382
TOTAL ASSETS	28,722		27,262		23,941		23,813
LIABILITY AND EQUITY
Debt	7,468		7,691		20,127		20,061
Trade payables	6,020		5,042		137		180
Deferred tax liabilities	157		84		308		310
Pension, postretirement and other postemployment benefits	2,300		2,256		28		20
Derivative liabilities	91		239		14		21
Other liabilities	8,206		7,478		671		669
Total Liabilities	24,242		22,790		21,285		21,261
Redeemable noncontrolling interest	23		21		-		-
Equity	4,457		4,451		2,656		2,552
TOTAL LIABILITIES AND EQUITY	28,722		27,262		23,941		23,813

These Supplemental Balance Sheets are presented for informational purposes. The supplemental Industrial Activities data in these statements (with Financial Services on the equity basis) include CNH Industrial N.V.’s Agricultural Equipment, Construction Equipment, Commercial Vehicles and Powertrain segments, as well as Corporate functions. The supplemental Financial Services data in these statements refer to CNH Industrial N.V.’s Financial Services segment. Transactions between Industrial Activities and Financial Services have been eliminated to arrive at the consolidated financial statements.

12

CNH INDUSTRIAL N.V.

Supplemental Statements of Cash Flows

For The Six Months Ended June 30, 2017 and 2016

(Unaudited)

(U.S. GAAP)

	Industrial Activities			Financial Services
($ million)	Six Months Ended June 30,			Six Months Ended June 30,
Operating activities:		2017	2016		2017	2016
Net income (loss)		296	(384)		174	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		352	355		2	3
Depreciation and amortization expense of assets under operating leases and assets sold under buy-back commitments		152	146		128	125
Loss from disposal of assets		12	2		-	-
Loss on repurchase/early redemption of Notes		17	-		-	-
Undistributed income (loss) of unconsolidated subsidiaries		(2)	63		(13)	(13)
Other non-cash items		48	54		39	62
Changes in operating assets and liabilities:
Provisions		45	514		(4)	(7)
Deferred income taxes		(73)	(1)		(12)	10
Trade and financing receivables related to sales, net		(2)	(113)		(284)	(158)
Inventories, net		(1,073)	(791)		16	(15)
Trade payables		658	447		(45)	(58)
Other assets and liabilities		(52)	30		57	192
NET CASH PROVIDED BY OPERATING ACTIVITIES		378	322		58	315
Investing activities:
Additions to retail receivables		-	-		(1,806)	(1,781)
Collections of retail receivables		-	-		2,190	2,328
Proceeds from the sale of assets, net of assets sold under operating leases and assets sold under buy-back commitments		2	8		-	-
Proceeds from the sale of assets previously under operating leases and assets sold under buy-back commitments		144	152		233	171
Expenditures for property, plant and equipment and intangible assets, net of assets under operating leases and assets sold under buy-back commitments		(165)	(172)		-	-
Expenditures for assets under operating leases and assets sold under buy-back commitments		(496)	(338)		(354)	(331)
Other		(139)	(91)		255	(57)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES		(654)	(441)		518	330
Financing activities:
Proceeds from long-term debt		713	978		6,682	4,439
Payment of long-term debt		(973)	(794)		(7,131)	(5,187)
Net increase (decrease) in other financial liabilities		(67)	(127)		157	(65)
Dividends paid		(165)	(204)		(169)	(159)
Other		(5)	(58)		29	-
NET CASH USED IN FINANCING ACTIVITIES		(497)	(205)		(432)	(972)
Effect of foreign exchange rate changes on cash and cash equivalents		209	103		4	46
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(564)	(221)		148	(281)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR		4,649	4,551		368	833
CASH AND CASH EQUIVALENTS, END OF PERIOD		4,085	4,330		516	552

These Supplemental Statements of Cash Flows are presented for informational purposes. The supplemental Industrial Activities data in these statements (with Financial Services on the equity basis) include CNH Industrial N.V.’s Agricultural Equipment, Construction Equipment, Commercial Vehicles and Powertrain segments, as well as Corporate functions. The supplemental Financial Services data in these statements refer to CNH Industrial N.V.’s Financial Services segment. Transactions between Industrial Activities and Financial Services have been eliminated to arrive at the consolidated financial statements.

13

CNH INDUSTRIAL N.V.

Other Supplemental Financial Information

(Unaudited)

CNH INDUSTRIAL Reconciliation of Operating Profit (loss) to Net Income (loss) under U.S. GAAP   ($ million)
	Six Months Ended June 30,			Three Months Ended June 30,
	2017	2016		2017	2016
	780	720	Total Operating Profit	523	488
	24	25	Restructuring expenses	12	10
	225	239	Interest expenses of Industrial Activities, net of interest income and eliminations(1)	122	120
	(119)	(685)	Other, net(2)	(56)	(117)
	412	(229)	Income (loss) before income taxes and equity in income of unconsolidated subsidiaries and affiliates	333	241
	(161)	(147)	Income tax (expense)	(113)	(107)
	45	(8)	Equity in income of unconsolidated subsidiaries and affiliates(3)	27	(5)
	296	(384)	Net income (loss)	247	129
(1)   In the three and six months ended June 2017, Interest expenses includes the charge of $17 million related to the early redemption of all outstanding Case New Holland Industrial Inc. 7 7⁄8% Senior Notes due 2017. (2)   In the three and six months ended June 2016, Other, net included the non-recurring charge of $49 million and $551 million, respectively, related to the European Commission settlement. (3)   In the three and six months ended June 30, 2016, Equity in income of unconsolidated subsidiaries and affiliates included a negative impact of $28 million incurred by the joint venture Naveco Ltd due to its exit from a line of business.

CNH INDUSTRIAL Reconciliation of Total Debt to Net debt under U.S. GAAP  ($ million)
					Consolidated		Industrial Activities				Financial Activities
		June 30, 2017			December 31, 2016		June 30, 2017			December 31, 2016	June 30, 2017		December 31, 2016
	Third party debt		25,474			25,276		6,665		6,694		18,809	18,582
	Intersegment notes payable		-			-		803		997		1,318	1,479
	Total Debt(1)		25,474			25,276		7,468		7,691		20,127	20,061
	Less: Cash and cash equivalents		4,601			5,017		4,085		4,649		516	368
	Restricted cash		690			837		6		-		684	837
	Intersegment notes receivable		-			-		1,318		1,479		803	997
	Derivatives hedging debt		(5	)		2		(5	)	2		-	-
	Net debt (cash)(2)		20,188			19,420		2,064		1,561		18,124	17,859
	(1)   Total Debt of Industrial Activities includes Intersegment notes payable to Financial Services of $803 million and $997 million as of June 30, 2017 and December 31, 2016, respectively. Total Debt of Financial Services includes Intersegment notes payable to Industrial Activities of $1,318 million and $1,479 million as of June 30, 2017 and December 31, 2016, respectively. (2)   The net intersegment receivable/payable balance owed by Financial Services to Industrial Activities was $515 million and $482 million as of June 30, 2017 and December 31, 2016, respectively.

CNH INDUSTRIAL Reconciliation of Cash and cash equivalents to Available liquidity under U.S. GAAP ($ million)
		June 30, 2017		March 31, 2017		December 31, 2016
	Cash and cash equivalents		4,601		3,924		5,017
	Restricted cash		690		743		837
	Undrawn committed facilities		3,033		2,887		2,890
	Available liquidity		8,324		7,554		8,744

14

CNH INDUSTRIAL N.V.

Other Supplemental Financial Information

(Unaudited)

CNH INDUSTRIAL
Change in Net Industrial Debt under U.S. GAAP     ($ million)
	Six Months Ended June 30,			Three Months Ended June 30,
	2017	2016		2017	2016
	(1,561)	(1,578)	Net industrial (debt)/cash at beginning of period	(2,123)	(2,470)
	296	(384)	Net income (loss)	247	129
	-	551	Add back European Commission settlement	-	49
	17	-	Add back cost of repurchase/early redemption of 2017 Notes(1)	17	-
	352	355	Amortization and depreciation(2)	176	178
	(49)	99	Changes in provisions and similar(3)	44	137
	(597)	(484)	Change in working capital	29	189
	(165)	(172)	Investments in property, plant and equipment, and intangible assets(2)	(91)	(92)
	36	15	Other changes	1	12
	(110)	(20)	Net industrial cash flow	423	602
	(170)	(218)	Capital increases and dividends(4)	(169)	(211)
	(223)	(319)	Currency translation differences and other(5)	(195)	(56)
	(503)	(557)	Change in Net industrial debt	59	335
	(2,064)	(2,135)	Net industrial (debt)/cash at end of period	(2,064)	(2,135)
	(1)   Add back item to be excluded from the calculation of net industrial cash flow. (2)   Excluding assets sold under buy-back commitments and assets under operating leases. (3)   This item also includes changes in items related to assets sold under buy-back commitments, and assets under operating leases. (4)   This item also includes share buy-back transactions. (5)   In the three and six months ended June 30, 2017, this item also includes the charge of $17 million related to the early redemption of all outstanding Case New Holland Industrial Inc. 7 7⁄8% Senior Notes due 2017.

15

CNH INDUSTRIAL N.V.

Other Supplemental Financial Information

(Unaudited)

CNH INDUSTRIAL Reconciliation of Adjusted net income and Adjusted income tax (expense) to the most comparable GAAP financial measure and determination of Adjusted diluted EPS and Adjusted ETR under U.S.GAAP ($ million, except per share data)
	Six Months Ended June 30,			Three Months Ended June 30,
	2017	2016		2017	2016
	296	(384)	Net income (loss)	247	129
	41	576	Adjustments impacting Income (loss) before income tax (expense) and equity in income of unconsolidated subsidiaries and affiliates (a)	29	59
	(13)	(3)	Adjustments impacting Income tax (expense) (b)	(10)	-
	-	28	Adjustments impacting Equity in income of unconsolidated subsidiaries and affiliates (c)	-	28
	324	217	Adjusted net income	266	216
	316	215	Adjusted net income attributable to CNH Industrial N.V.	261	213
	1,366	1,364	Weighted average shares outstanding – diluted (million)	1,367	1,364
	0.23	0.16	Adjusted diluted EPS ($)	0.19	0.16
	412	(229)	Income (loss) before income tax (expense) and equity in income of unconsolidated subsidiaries and affiliates	333	241
	41	576	Adjustments impacting Income (loss) before income tax (expense) and equity in income of unconsolidated subsidiaries and affiliates (a)	29	59
	453	347	Adjusted income (loss) before income tax (expense) and equity in income of unconsolidated subsidiaries and affiliates (A)	362	300
	(161)	(147)	Income tax (expense)	(113)	(107)
	(13)	(3)	Adjustments impacting Income tax (expense) (b)	(10)	-
	(174)	(150)	Adjusted income tax (expense) (B)	(123)	(107)
	38%	43%	Adjusted Effective Tax Rate (Adjusted ETR) (C=B/A)	34%	36%
	a)     Adjustments impacting Income (loss) before income tax (expense) and equity in income of unconsolidated subsidiaries and affiliates
	24	25	Restructuring expenses	12	10
	-	551	European Commission settlement	-	49
	17	-	Cost of repurchase/early redemption of 2017 Notes	17	-
	41	576	Total	29	59
	b)     Adjustments impacting Income tax (expense)
	(13)	(3)	Tax effect of adjustments impacting Income (loss) before income tax (expense) and equity in income of unconsolidated subsidiaries and affiliates	(10)	-
	(13)	(3)	Total	(10)	-
	c)     Adjustments impacting Equity in income of unconsolidated subsidiaries and affiliates
	-	28	Negative impact incurred by the joint venture Naveco Ltd due to its exit from a line of business	-	28
	-	28	Total	-	28

CNH INDUSTRIAL N.V.

Other Supplemental Financial Information

(Unaudited)

CNH INDUSTRIAL
Revenues by Segment under EU-IFRS    ($ million)
	Six Months Ended June 30,				Three Months Ended June 30,
	2017	2016	% change		2017	2016	% change
	5,239	4,932	6.2	Agricultural Equipment	2,893	2,808	3.0
	1,199	1,131	6.0	Construction Equipment	676	595	13.6
	4,778	4,746	0.7	Commercial Vehicles	2,636	2,649	-0.5
	2,139	1,909	12.0	Powertrain	1,137	1,025	10.9
	(1,203)	(1,082)	-	Eliminations and other	(625)	(571)	-
	12,152	11,636	4.4	Total of Industrial Activities	6,717	6,506	3.2
	1,017	950	7.1	Financial Services	503	495	1.6
	(246)	(225)	-	Eliminations and other	(126)	(115)	-
	12,923	12,361	4.5	Total	7,094	6,886	3.0
CNH INDUSTRIAL
Trading profit/(loss)(1) by Segment under EU-IFRS    ($ million)
	Six Months Ended June 30,				Three Months Ended June 30,
	2017	2016	Change		2017	2016	Change
	309	247	62	Agricultural Equipment	238	228	10
	(42)	(9)	-33	Construction Equipment	-	(3)	3
	64	93	-29	Commercial Vehicles	67	78	-11
	160	110	50	Powertrain	93	64	29
	(55)	(48)	-7	Eliminations and other	(34)	(31)	-3
	436	393	43	Total of Industrial Activities	364	336	28
	242	245	-3	Financial Services	122	118	4
	-	-	-	Eliminations and other	-	-	-
	678	638	40	Total	486	454	32
	(1)   This item is a non-GAAP financial measure. Refer to the “Non-GAAP Financial Information” section of this press release for information regarding non-GAAP financial measures.

CNH INDUSTRIAL
Key Balance Sheet data under EU-IFRS    ($ million)
		June 30, 2017		March 31, 2017	December 31, 2016
	Total Assets		49,598	47,270	47,834
	Total Equity		6,711	6,728	6,634
	Equity attributable to CNH Industrial N.V.		6,699	6,717	6,623
	Net debt		(20,301)	(20,059)	(19,734)
	Of which Net industrial debt(1)		(2,132)	(2,307)	(1,822)
	(1)   This item is a non-GAAP financial measure. Refer to the “Non-GAAP Financial Information” section of this press release for information regarding non-GAAP financial measures.

17

CNH INDUSTRIAL N.V.

Other Supplemental Financial Information

(Unaudited)

CNH INDUSTRIAL Net income reconciliation U.S. GAAP to EU-IFRS    ($ million)
	Six Months Ended June 30,				Three Months Ended June 30,
	2017		2016		2017	2016
		296	(384)	Net income (loss) in accordance with U.S. GAAP	247	129
				Adjustments to conform with EU-IFRS:
		(64)	(54)	Development costs	(22)	(14)
		26	26	Other adjustments	16	6
		8	3	Tax impact on adjustments	(2)	(7)
		(9)	2	Deferred tax assets and tax contingencies recognition	(5)	9
		(39)	(23)	Total adjustments	(13)	(6)
		257	(407)	Profit (loss) in accordance with EU-IFRS	234	123

CNH INDUSTRIAL   Total Equity reconciliation U.S. GAAP to EU-IFRS    ($ million)
		June 30, 2017		December 31, 2016
	Total Equity under U.S. GAAP		4,457	4,451
	Adjustments to conform with EU-IFRS:
	Development costs		2,440	2,374
	Other adjustments		(136)	(121)
	Tax impact on adjustments		(701)	(655)
	Deferred tax assets and tax contingencies recognition		651	585
	Total adjustments		2,254	2,183
	Total Equity under EU-IFRS		6,711	6,634

Translation of financial statements denominated in a currency other than the U.S. dollar

The principal exchange rates used to translate into U.S. dollars the financial statements prepared in currencies other than the U.S. dollar were as follows:

	Six Months Ended June 30, 2017				At December 31, 2016	Six Months Ended June 30, 2016
	Average		At June 30			Average		At June 30
Euro		0.923		0.876	0.949		0.896		0.901
Pound sterling		0.795		0.771	0.812		0.698		0.744
Swiss franc		0.994		0.958	1.019		0.982		0.979
Polish zloty		3.942		3.703	4.184		3.914		3.996
Brazilian real		3.179		3.295	3.254		3.701		3.233
Canadian dollar		1.335		1.296	1.346		1.330		1.296
Argentine peso		15.694		16.476	15.850		14.314		14.951
Turkish lira		3.637		3.517	3.517		2.920		2.888

18

CNH INDUSTRIAL N.V.

Condensed Consolidated Income Statement

For The Three Months Ended June 30, 2017 and 2016 and For The Six Months Ended June 30, 2017 and 2016

(Unaudited)

(EU-IFRS)

	Three Months Ended June 30,		Six Months Ended June 30,
($ million)	2017	2016	2017	2016
Net revenues	7,094	6,886	12,923	12,361
Cost of sales	5,778	5,606	10,636	10,142
Selling, general and administrative costs	558	559	1,074	1,073
Research and development costs	255	245	495	470
Other income/(expenses)	(17)	(22)	(40)	(38)
TRADING PROFIT/(LOSS)	486	454	678	638
Gains/(losses) on the disposal of investments	-	-	-	-
Restructuring costs	10	10	23	25
Other unusual income/(expenses)(1)	-	(50)	8	(554)
OPERATING PROFIT/(LOSS)	476	394	663	59
Financial income/(expenses)(2)	(151)	(149)	(292)	(305)
Result from investments(3):	29	(17)	48	(19)
Share of the profit/(loss) of investees accounted for using the equity method	29	(17)	48	(19)
Other income/(expenses) from investments	-	-	-	-
PROFIT/(LOSS) BEFORE TAXES	354	228	419	(265)
Income tax (expense)	(120)	(105)	(162)	(142)
PROFIT/(LOSS) FROM CONTINUING OPERATIONS	234	123	257	(407)
PROFIT/(LOSS) FOR THE PERIOD	234	123	257	(407)
PROFIT/(LOSS) FOR THE PERIOD ATTRIBUTABLE TO:
Owners of the parent	229	119	249	(410)
Non-controlling interests	5	4	8	3
(in $)
BASIC EARNINGS/(LOSS) PER COMMON SHARE	0.17	0.09	0.18	(0.30)
DILUTED EARNINGS/(LOSS) PER COMMON SHARE	0.17	0.09	0.18	(0.30)

Notes:

(1) In the three and six months ended June 30, 2016, Other unusual income/(expenses) included the non-recurring charge of $49 million and $551 million, respectively, related to the European Commission settlement.

(2) In the three and six months ended June 30, 2017, Financial income/(expenses) includes the charge of $17 million related to the early redemption of all outstanding Case New Holland Industrial Inc. 7 ⁷⁄₈% Senior Notes due 2017.

(3) In the three and six months ended June 30, 2016, Result from investments included a negative impact of $42 million incurred by the joint venture Naveco Ltd due to its exit from a line of business.

This Condensed Consolidated Income Statement should be read in conjunction with the Company’s Audited Consolidated Financial Statements and Notes for the Year Ended December 31, 2016 included in the EU Annual Report. This Condensed Consolidated Income Statement represents the consolidation of all CNH Industrial N.V. subsidiaries.

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CNH INDUSTRIAL N.V.

Condensed Consolidated Statement of Financial Position

As of June 30, 2017 and December 31, 2016

(Unaudited)

(EU-IFRS)

($ million)	June 30, 2017		December 31, 2016
ASSETS
Intangible assets		5,578		5,504
Property, plant and equipment		6,636		6,278
Investments and other financial assets:		597		554
Investments accounted for using the equity method		553		505
Other investments and financial assets		44		49
Leased assets		1,928		1,907
Defined benefit plan assets		5		5
Deferred tax assets		994		959
Total Non-current assets		15,738		15,207
Inventories		7,127		5,732
Trade receivables		656		623
Receivables from financing activities		18,939		18,662
Current tax receivables		258		430
Other current assets		1,474		1,209
Current financial assets:		88		95
Current securities		-		-
Other financial assets		88		95
Cash and cash equivalents		5,291		5,854
Total Current assets		33,833		32,605
Assets held for sale		27		22
TOTAL ASSETS		49,598		47,834
EQUITY AND LIABILITIES
Issued capital and reserves attributable to owners of the parent		6,699		6,623
Non-controlling interests		12		11
Total Equity		6,711		6,634
Provisions:		5,972		5,687
Employee benefits		2,522		2,532
Other provisions		3,450		3,155
Debt:		25,586		25,434
Asset-backed financing		11,462		11,784
Other debt		14,124		13,650
Other financial liabilities		94		249
Trade payables		6,129		5,185
Current tax payables		90		229
Deferred tax liabilities		162		188
Other current liabilities		4,854		4,228
Liabilities held for sale		-		-
Total Liabilities		42,887		41,200
TOTAL EQUITY AND LIABILITIES		49,598		47,834

This Condensed Consolidated Statement of Financial Position should be read in conjunction with the Company’s Audited Consolidated Financial Statements and Notes for the Year Ended December 31, 2016 included in the EU Annual Report. This Condensed Consolidated Statement of Financial Position represents the consolidation of all CNH Industrial N.V. subsidiaries.

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CNH INDUSTRIAL N.V.

Condensed Consolidated Statement of Cash Flows

For The Six Months Ended June 30, 2017 and 2016

(Unaudited)

(EU-IFRS)

	Six Months Ended June 30,
($ million)	2017		2016
A) CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD		5,854		6,311
B) CASH FLOWS FROM/(USED IN) OPERATING ACTIVITIES:
Profit/(loss) for the period		257		(407)
Amortization and depreciation (net of vehicles sold under buy-back commitments and operating leases)		585		599
(Gains)/losses on disposal of non-current assets (net of vehicles sold under buy-back commitments)		-		1
Other non-cash items		(4)		102
Loss on repurchase/early redemption of Notes		17		-
Dividends received		35		57
Change in provisions		(13)		459
Change in deferred income taxes		(77)		32
Change in items due to buy-back commitments(1)		21		84
Change in operating lease items(2)		10		(49)
Change in working capital		(415)		(559)
TOTAL		416		319
C) CASH FLOWS FROM/(USED IN) INVESTMENT ACTIVITIES:
Investments in:
Property, plant and equipment and intangible assets (net of vehicles sold under buy-back commitments and operating leases)		(335)		(363)
Consolidated subsidiaries and other equity investments		(4)		5
Proceeds from the sale of non-current assets (net of vehicles sold under buy-back commitments)		2		8
Net change in receivables from financing activities		176		399
Change in current securities		-		16
Other changes		(105)		(144)
TOTAL		(266)		(79)
D) CASH FLOWS FROM/(USED IN) FINANCING ACTIVITIES:
Bonds issued		1,141		1,058
Repayment of bonds		(1,153)		(263)
Issuance of other medium-term borrowings (net of repayment)		(24)		(335)
Net change in other financial payables and other financial assets/liabilities		(734)		(1,076)
Capital increase		11		-
Dividends paid		(165)		(204)
(Purchase)/sale of treasury shares		(16)		(14)
(Purchase)/sale of ownership interests in subsidiaries		-		(44)
TOTAL		(940)		(878)
Translation exchange differences		227		143
E) TOTAL CHANGE IN CASH AND CASH EQUIVALENTS		(563)		(495)
F) CASH AND CASH EQUIVALENTS AT END OF PERIOD		5,291		5,816

(1) Cash generated from the sale of vehicles under buy-back commitments, net of amounts included in Profit/(loss) for the period, is recognized under operating activities in a single line item, which includes changes in working capital, capital expenditure, depreciation and impairment losses. The item also includes gains and losses arising from the sale of vehicles subject to buy-back commitments before the end of the agreement and without repossession of the vehicle.

(2) Cash from operating lease is recognized under operating activities in a single line item, which includes capital expenditure, depreciation, write-downs and changes in inventory.

These Condensed Consolidated Statement of Cash Flows should be read in conjunction with the Company’s Audited Consolidated Financial Statements and Notes for the Year Ended December 31, 2016 included in the EU Annual Report. This Condensed Consolidated Statement of Cash Flows represents the consolidation of all CNH Industrial N.V. subsidiaries.

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