REVENUE (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2020 and 2019:

	Three Months Ended September 30,
	2020		2019
	(in millions)
Agriculture	$	2,713	$	2,446
Construction	576		664
Commercial and Specialty Vehicles	2,371		2,331
Powertrain	909		940
Eliminations and Other	(462)		(489)
Total Industrial Activities	$	6,107	$	5,892
Financial Services	408		487
Eliminations and Other	(23)		(19)
Total Revenues	$	6,492	$	6,360

	Nine Months Ended September 30,
	2020		2019
	(in millions)
Agriculture	$	7,498	$	8,031
Construction	1,418		2,061
Commercial and Specialty Vehicles	6,131		7,443
Powertrain	2,425		3,109
Eliminations and Other	(1,222)		(1,678)
Total Industrial Activities	$	16,250	$	18,966
Financial Services	1,338		1,480
Eliminations and Other	(57)		(62)
Total Revenues	$	17,531	$	20,384

The following table disaggregates revenues by major source for the three and nine months ended September 30, 2020 and 2019:

	Three Months Ended September 30,
	2020		2019
	(in millions)
Revenues from:
Sales of goods	$	5,874	$	5,603
Rendering of services and other revenues	158		196
Rents on assets sold with a buy-back commitment	75		93
Revenues from sales of goods and services	6,107		5,892
Finance and interest income	228		290
Rents and other income on operating lease	157		178
Finance, interest and other income	385		468
Total Revenues	$	6,492	$	6,360

	Nine Months Ended September 30,
	2020		2019
	(in millions)
Revenues from:
Sales of goods	$	15,575	$	18,168
Rendering of services and other revenues	440		500
Rents on assets sold with a buy-back commitment	235		298
Revenues from sales of goods and services	16,250		18,966
Finance and interest income	755		869
Rents and other income on operating lease	526		549
Finance, interest and other income	1,281		1,418
Total Revenues	$	17,531	$	20,384