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Related Party Information (Tables)
12 Months Ended
Dec. 31, 2015
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions

These transactions with FCA are reflected on our consolidated statements of operations as follows:

 

 

 

2015

 

 

2014

 

 

2013

 

 

 

(in millions)

 

Net sales

 

$

762

 

 

$

943

 

 

$

904

 

Cost of goods sold

 

$

463

 

 

$

551

 

 

$

631

 

Selling, general and administrative expenses

 

$

161

 

 

$

234

 

 

$

275

 

 

 

 

12/31/2015

 

 

12/31/2014

 

 

 

(in millions)

 

Trade receivables

 

$

14

 

 

$

27

 

Trade payables

 

$

136

 

 

$

139

 

 

EXOR S.p.A. is a major investment holding company in Europe. Among other things, EXOR S.p.A. manages a portfolio that includes investments in FCA. On September 1, 2015, EXOR S.p.A. closed the sale of its interest in Cushman & Wakefield to DTZ. During the year ended December 31, 2015 and 2014, CNH Industrial purchased real estate services from Cushman & Wakefield. The related transaction amounts were insignificant during 2015 and 2014.

 

 

 

2015

 

 

2014

 

 

2013

 

 

 

(in millions)

 

Net sales

 

$

700

 

 

$

843

 

 

$

718

 

Cost of goods sold

 

$

430

 

 

$

564

 

 

$

505

 

 

 

 

 

12/31/2015

 

 

12/31/2014

 

 

 

(in millions)

 

Trade receivables

 

$

72

 

 

$

155

 

Trade payables

 

$

156

 

 

$

144