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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues        
Net sales $ 5,892 $ 6,245 $ 18,966 $ 20,124
Finance, interest and other income 468 441 1,418 1,380
Total Revenues 6,360 6,686 20,384 21,504
Costs and Expenses        
Cost of goods sold 5,015 5,162 15,732 16,606
Selling, general and administrative expenses 540 523 1,634 1,706
Research and development expenses 238 254 755 743
Restructuring expenses 42 8 78 16
Interest expense 192 189 570 581
Other, net 173 199 552 752
Total Costs and Expenses 6,200 6,335 19,321 20,404
Income before income taxes and equity in income of unconsolidated subsidiaries and affiliates 160 351 1,063 1,100
Income tax (expense) 486 (131) 261 (312)
Equity in income of unconsolidated subsidiaries and affiliates (3) 11 10 53
Net income 643 231 1,334 841
Net income attributable to noncontrolling interests 6 9 26 27
Net income attributable to CNH Industrial N.V. $ 637 $ 222 $ 1,308 $ 814
Earnings (loss) per share attributable to common shareholders        
Basic (in usd per share) $ 0.47 $ 0.16 $ 0.97 $ 0.60
Diluted (in usd per share) 0.47 0.16 0.97 0.60
Cash dividends declared per common share (in usd per share) $ 0 $ 0 $ 0.203 $ 0.173