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REVENUE (Tables)
9 Months Ended
Sep. 30, 2019
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregation of Revenue by Segment and Source
The following table summarizes revenues for the three and nine months ended September 30, 2019 and 2018:
 
Three Months Ended September 30,
 
2019
 
2018
 
(in millions)
Agriculture
$
2,446

 
$
2,636

Construction
664

 
726

Commercial and Specialty Vehicles
2,331

 
2,404

Powertrain
940

 
972

Eliminations and Other
(489
)
 
(493
)
Total Industrial Activities
$
5,892

 
$
6,245

Financial Services
487

 
469

Eliminations and Other
(19
)
 
(28
)
Total Revenues
$
6,360

 
$
6,686

 
Nine Months Ended September 30,
 
2019
 
2018
 
(in millions)
Agriculture
$
8,031

 
$
8,527

Construction
2,061

 
2,207

Commercial and Specialty Vehicles
7,443

 
7,788

Powertrain
3,109

 
3,376

Eliminations and Other
(1,678
)
 
(1,774
)
Total Industrial Activities
$
18,966

 
$
20,124

Financial Services
1,480

 
1,469

Eliminations and Other
(62
)
 
(89
)
Total Revenues
$
20,384

 
$
21,504


The following table disaggregates revenues by major source for the three and nine months ended September 30, 2019 and 2018:
 
Three Months Ended September 30,
 
2019
 
2018
 
(in millions)
Revenues from:
 
 
 
Sales of goods
$
5,603

 
$
6,018

Rendering of services and other revenues
196

 
112

Rents on assets sold with a buy-back commitment
93

 
115

Revenues from sales of goods and services
5,892

 
6,245

Finance and interest income
290

 
261

Rents and other income on operating lease
178

 
180

Finance, interest and other income
468

 
441

Total Revenues
$
6,360

 
$
6,686

 
Nine Months Ended September 30,
 
2019
 
2018
 
(in millions)
Revenues from:
 
 
 
Sales of goods
$
18,168

 
$
19,467

Rendering of services and other revenues
500

 
297

Rents on assets sold with a buy-back commitment
298

 
360

Revenues from sales of goods and services
18,966

 
20,124

Finance and interest income
869

 
835

Rents and other income on operating lease
549

 
545

Finance, interest and other income
1,418

 
1,380

Total Revenues
$
20,384

 
$
21,504