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Revenue (Tables)
12 Months Ended
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]  
Summary of net revenue
The following tables summarize previously reported revenues for the years ended December 31, 2019, 2018 and 2017:
 
 
Year Ended December 31,
 
 
2019
 
2018
 
2017
 
 
(in millions)
Agriculture
 
$
10,959

 
$
11,682

 
$
10,683

Construction
 
2,768

 
3,021

 
2,530

Commercial and Specialty Vehicles
 
10,439

 
10,939

 
10,562

Powertrain
 
4,117

 
4,565

 
4,369

Eliminations and Other
 
(2,134
)
 
(2,376
)
 
(2,375
)
Total Industrial Activities
 
26,149

 
27,831

 
25,769

Financial Services
 
2,011

 
1,989

 
2,028

Eliminations and Other
 
(81
)
 
(114
)
 
(96
)
Total Revenues
 
$
28,079

 
$
29,706

 
$
27,701

The following highlights revenues earned from external customers in the rest of the world by destination:
 
 
 
2019
 
2018
 
2017
 
 
(in millions)
United States
 
$
5,610

 
$
5,719

 
$
5,014

Italy
 
3,253

 
3,383

 
3,021

France
 
3,030

 
2,994

 
2,658

Brazil
 
2,105

 
2,093

 
1,789

Germany
 
1,875

 
2,062

 
1,833

Canada
 
1,087

 
1,124

 
1,182

Australia
 
739

 
929

 
1,063

Spain
 
987

 
1,084

 
1,016

Argentina
 
509

 
524

 
984

Poland
 
604

 
658

 
507

Other
 
7,392

 
8,130

 
7,770

Total Revenues from external customers in the rest of world
 
$
27,191


$
28,700


$
26,837


Summary of disaggregation of revenue
The following table disaggregates previously reported revenues by major source for the years ended December 31, 2019, 2018 and 2017:
 
 
 
Year Ended December 31,
 
 
 
2019
 
2018
 
2017
 
 
 
(in millions)
 
 
Revenues from:
 
 
 
 
 
 
 
Sales of goods
 
$
25,103

 
$
26,838

 
$
24,987

 
Rendering of services and other revenues
 
660

 
527

 
438

 
Rents on assets sold with a buy-back commitment
 
386

 
466

 
344

 
Revenues from sales of goods and services
 
$
26,149

 
$
27,831

 
$
25,769

 
Finance and interest income
 
1,164

 
1,115

 
1,185

 
Rents and other income on operating lease
 
766

 
760

 
747

 
Finance, interest and other income
 
$
1,930

 
$
1,875

 
$
1,932

 
Total Revenues
 
$
28,079

 
$
29,706

 
$
27,701