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REVENUE (Tables)
 9 Months Ended
Sep. 30, 2018
Revenue from Contract with Customer [Abstract]  
Summary of net revenue
The following tables summarize revenues for the three and nine months ended September 30, 2018 and 2017:
 
Three Months Ended September 30, 2018
 
EMEA
 
NAFTA
 
LATAM
 
APAC
 
Total
 
(in millions)
Agricultural Equipment
$
894

 
$
945

 
$
401

 
$
396

 
$
2,636

Construction Equipment
130

 
388

 
83

 
125

 
726

Commercial Vehicles
2,054

 
3

 
167

 
180

 
2,404

Powertrain
680

 
37

 
64

 
191

 
972

Eliminations and Other
(402
)
 
(23
)
 
(51
)
 
(17
)
 
(493
)
Total Industrial Activities
$
3,356

 
$
1,350

 
$
664

 
$
875

 
$
6,245

Financial Services
74

 
309

 
61

 
25

 
469

Eliminations and Other
(32
)
 
2

 
2

 
—

 
(28
)
Total Revenues
$
3,398


$
1,661


$
727


$
900


$
6,686

 
Nine Months Ended September 30, 2018
 
EMEA
 
NAFTA
 
LATAM
 
APAC
 
Total
 
(in millions)
Agricultural Equipment
$
3,291

 
$
2,793

 
$
1,110

 
$
1,333

 
$
8,527

Construction Equipment
439

 
1,113

 
252

 
403

 
2,207

Commercial Vehicles
6,637

 
9

 
555

 
587

 
7,788

Powertrain
2,404

 
109

 
190

 
673

 
3,376

Eliminations and Other
(1,491
)
 
(69
)
 
(157
)
 
(57
)
 
(1,774
)
Total Industrial Activities
$
11,280


$
3,955


$
1,950


$
2,939


$
20,124

Financial Services
238

 
960

 
195

 
76

 
1,469

Eliminations and Other
(97
)
 
(5
)
 
14

 
(1
)
 
(89
)
Total Revenues
$
11,421


$
4,910


$
2,159


$
3,014


$
21,504

 
Three Months Ended September 30, 2017
 
EMEA
 
NAFTA
 
LATAM
 
APAC
 
Total
 
(in millions)
Agricultural Equipment
$
862

 
$
824

 
$
410

 
$
451

 
$
2,547

Construction Equipment
127

 
319

 
86

 
86

 
618

Commercial Vehicles
2,079

 
4

 
235

 
255

 
2,573

Powertrain
765

 
34

 
76

 
199

 
1,074

Eliminations and Other
(472
)
 
(23
)
 
(62
)
 
(17
)
 
(574
)
Total Industrial Activities
$
3,361

 
$
1,158

 
$
745

 
$
974

 
$
6,238

Financial Services
84

 
300

 
68

 
26

 
478

Eliminations and Other
(33
)
 
2

 
4

 
—

 
(27
)
Total Revenues
$
3,412

 
$
1,460

 
$
817

 
$
1,000

 
$
6,689


 
Nine Months Ended September 30, 2017
 
EMEA
 
NAFTA
 
LATAM
 
APAC
 
Total
 
(in millions)
Agricultural Equipment
$
2,784

 
$
2,434

 
$
1,125

 
$
1,210

 
$
7,553

Construction Equipment
354

 
932

 
209

 
275

 
1,770

Commercial Vehicles
6,002

 
13

 
599

 
682

 
7,296

Powertrain
2,347

 
94

 
201

 
569

 
3,211

Eliminations and Other
(1,502
)
 
(63
)
 
(165
)
 
(47
)
 
(1,777
)
Total Industrial Activities
$
9,985


$
3,410


$
1,969


$
2,689


$
18,053

Financial Services
243

 
980

 
199

 
70

 
1,492

Eliminations and Other
(92
)
 
6

 
18

 
—

 
(68
)
Total Revenues
$
10,136


$
4,396


$
2,186


$
2,759


$
19,477
Summary of disaggregation of revenue
The following table disaggregates revenues by major source for the three and nine months ended September 30, 2018 and 2017:
 
Three Months Ended September 30,
 
2018
 
2017
 
(in millions)
Revenues from:
 
 
 
Sales of goods
$
6,018

 
$
5,999

Rendering of services
112

 
123

Rents on assets sold with a buy-back commitment
115

 
116

Revenues from sales of goods and services
6,245

 
6,238

Finance and interest income
261

 
298

Rents and other income on operating lease
180

 
153

Finance, interest and other income
441

 
451

Total Revenues
$
6,686

 
$
6,689

 
Nine Months Ended September 30,
 
2018
 
2017
 
(in millions)
Revenues from:
 
 
 
Sales of goods
$
19,467

 
$
17,411

Rendering of services
297

 
321

Rents on assets sold with a buy-back commitment
360

 
321

Revenues from sales of goods and services
20,124

 
18,053

Finance and interest income
835

 
878

Rents and other income on operating lease
545

 
546

Finance, interest and other income
1,380

 
1,424

Total Revenues
$
21,504

 
$
19,477