Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2019

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of key assumptions for awards issued

As a significant majority of the awards (approximately 79% of total awards as of December 31, 2019) were issued on December 22, 2017, the key assumptions utilized to calculate the grant-date fair values for awards issued on this grant date are listed below:

	Key Assumptions for awards issued on
	December 22, 2017
Expected Volatility	31.1%
Dividend yield	0.87%
Risk-free rate	2.01%

Schedule of performance-based share units

The following table reflects the activity of performance-based share units under CNH Industrial EIP for the year ended December 31, 2019:

	2019
	Performance Shares		Weighted Average Grant-Date Fair Value
Nonvested at beginning of year	5,308,740		$	7.92
Granted	447,105		$	5.19
Forfeited/Cancelled	(872,366	)	$	9.54
Vested	—		$	—
Nonvested at end of year	4,883,479		$	7.82

Schedule of activity of restricted share units

The following table reflects the activity of restricted share units under CNH Industrial EIP for the year ended December 31, 2019:

	2019
	Restricted Shares		Weighted Average Grant-Date Fair Value
Nonvested at beginning of year	3,364,447		$	11.88
Granted	832,105		$	9.95
Forfeited	(320,993	)	$	12.28
Vested	(2,032,892	)	$	11.19
Nonvested at end of year	1,842,667		$	11.69

Schedule of additional share-based compensation

The table below provides additional share-based compensation information for the years ended December 31, 2019, 2018, and 2017:

	2019		2018		2017
	(in millions)
Total intrinsic value of options exercised and shares vested	$	21	$	27	$	23
Fair value of shares vested	$	23	$	26	$	17
Cash received from share award exercises	$	—	$	2	$	28
Tax benefit of options exercised and shares vested	$	—	$	—	$	—