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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Net sales $ 21,541 $ 17,802 $ 13,083
Finance, interest and other income 2,010 1,694 1,696
Total Revenues 23,551 19,496 14,779
Costs and Expenses      
Cost of goods sold 16,797 14,109 11,152
Selling, general and administrative expenses 1,752 1,454 1,296
Research and development expenses 866 642 493
Restructuring expenses 31 35 22
Interest expense 734 549 660
Goodwill impairment charge 0 0 585
Other, net 689 768 750
Total Costs and Expenses 20,869 17,557 14,958
Income (loss) before income taxes and equity in income of unconsolidated subsidiaries and affiliates 2,682 1,939 (179)
Income tax expense (747) (229) (85)
Equity in income of unconsolidated subsidiaries and affiliates 104 91 66
Net income (loss) from continuing operations 2,039 1,801 (198)
Net income (loss) from discontinued operations 0 (41) (240)
Net income (loss) 2,039 1,760 (438)
Net income attributable to noncontrolling interests 10 37 55
Net income (loss) attributable to CNH Industrial N.V. $ 2,029 $ 1,723 $ (493)
Basic earnings (loss) per share attributable to common shareholders      
Continuing operations (in dollars per share) $ 1.50 $ 1.32 $ (0.15)
Discontinuing operations (in dollars per share) 0 (0.05) (0.21)
Basic (in dollars per share) 1.50 1.27 (0.36)
Diluted earnings (loss) per share attributable to common shareholders      
Continuing operations (in dollars per share) 1.49 1.32 (0.15)
Discontinuing operations (in dollars per share) 0 (0.05) (0.21)
Diluted (in dollars per share) $ 1.49 $ 1.27 $ (0.36)
Weighted average common shares outstanding—basic (in shares) 1,351 1,354 1,351
Weighted average common shares outstanding—diluted (in shares) 1,362 1,361 1,351
Cash dividends declared per common share (in dollars per share) $ 0.302 $ 0.132 $ 0