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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues        
Net sales $ 5,613 $ 4,778 $ 9,793 $ 8,472
Finance, interest and other income 469 396 934 798
Total Revenues 6,082 5,174 10,727 9,270
Costs and Expenses        
Cost of goods sold 4,377 3,716 7,663 6,612
Selling, general and administrative expenses 424 355 802 674
Research and development expenses 212 164 396 296
Restructuring expenses 6 5 8 6
Interest expense 162 137 300 290
Other, net 148 156 331 298
Total Costs and Expenses 5,329 4,533 9,500 8,176
Income (loss) before income taxes and equity in income of unconsolidated subsidiaries and affiliates 753 641 1,227 1,094
Income tax (expense) benefit (228) (152) (387) (268)
Equity in income of unconsolidated subsidiaries and affiliates 27 25 48 51
Net income (loss) from continuing operations 552 514 888 877
Net income (loss) from discontinued operations 0 185 0 247
Net income 552 699 888 1,124
Net income attributable to noncontrolling interests 4 9 7 26
Net income (loss) attributable to CNH Industrial N.V. $ 548 $ 690 $ 881 $ 1,098
Basic earnings (loss) per share attributable to common shareholders        
Continuing operations ( in usd per share) $ 0.40 $ 0.38 $ 0.65 $ 0.64
Discontinued operations (in usd per share) 0 0.13 0 0.17
Basic (in usd per share) 0.40 0.51 0.65 0.81
Diluted earnings (loss) per share attributable to common shareholders        
Continuing operations (in usd per share) 0.40 0.38 0.65 0.64
Discontinued operations (in usd per share) 0 0.13 0 0.17
Diluted (in usd per share) $ 0.40 $ 0.51 $ 0.65 $ 0.81
Earnings Per Share [Abstract]        
Weighted average common shares outstanding—basic (in shares) 1,355 1,354 1,355 1,354
Weighted average common shares outstanding—diluted (in shares) 1,360 1,361 1,360 1,360
Cash dividends declared per common share (in usd per share) $ 0.302 $ 0.132 $ 0.302 $ 0.132