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REVENUE (Tables)
6 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregation of Revenue by Segment and Source
The following table summarizes revenues for the three and six months ended June 30, 2020 and 2019:
Three Months Ended June 30,
20202019
(in millions)
Agriculture$2,541  $3,095  
Construction420  757  
Commercial and Specialty Vehicles1,739  2,698  
Powertrain763  1,133  
Eliminations and Other(313) (615) 
Total Industrial Activities$5,150  $7,068  
Financial Services441  519  
Eliminations and Other(13) (20) 
Total Revenues $5,578  $7,567  
Six Months Ended June 30,
20202019
(in millions)
Agriculture$4,785  $5,585  
Construction842  1,397  
Commercial and Specialty Vehicles3,760  5,112  
Powertrain1,516  2,169  
Eliminations and Other(760) (1,189) 
Total Industrial Activities$10,143  $13,074  
Financial Services930  993  
Eliminations and Other(34) (43) 
Total Revenues $11,039  $14,024  
The following table disaggregates revenues by major source for the three and six months ended June 30, 2020 and 2019:
Three Months Ended June 30,
20202019
(in millions)
Revenues from:
Sales of goods$4,946  $6,808  
Rendering of services and other revenues126  159  
Rents on assets sold with a buy-back commitment78  101  
Revenues from sales of goods and services5,150  7,068  
Finance and interest income254  291  
Rents and other income on operating lease174  208  
Finance, interest and other income428  499  
Total Revenues$5,578  $7,567  


Six Months Ended June 30,
20202019
(in millions)
Revenues from:
Sales of goods$9,701  $12,565  
Rendering of services and other revenues282  304  
Rents on assets sold with a buy-back commitment160  205  
Revenues from sales of goods and services10,143  13,074  
Finance and interest income527  579  
Rents and other income on operating lease369  371  
Finance, interest and other income896  950  
Total Revenues$11,039  $14,024