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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues      
Net sales $ 22,080 $ 21,541 $ 17,802
Finance, interest and other income 2,607 2,010 1,694
Total Revenues 24,687 23,551 19,496
Costs and Expenses      
Cost of goods sold 16,838 16,797 14,109
Selling, general and administrative expenses 1,863 1,752 1,454
Research and development expenses 1,041 866 642
Restructuring expenses 67 31 35
Interest expense 1,345 734 549
Other, net 830 689 768
Total Costs and Expenses 21,984 20,869 17,557
Income (loss) of Consolidated Group before Income Taxes 2,703 2,682 1,939
Income tax expense (594) (747) (229)
Equity in income of unconsolidated subsidiaries and affiliates 274 104 91
Net income (loss) from continuing operations 2,383 2,039 1,801
Net income (loss) from discontinued operations 0 0 (41)
Net income (loss) 2,383 2,039 1,760
Net income attributable to noncontrolling interests 12 10 37
Net income (loss) attributable to CNH Industrial N.V. $ 2,371 $ 2,029 $ 1,723
Basic earnings (loss) per share attributable to common shareholders      
Continuing operations (in dollars per share) $ 1.78 $ 1.50 $ 1.32
Discontinuing operations (in dollars per share) 0 0 (0.05)
Basic (in dollars per share) 1.78 1.50 1.27
Diluted earnings (loss) per share attributable to common shareholders      
Continuing operations (in dollars per share) 1.76 1.49 1.32
Discontinuing operations (in dollars per share) 0 0 (0.05)
Diluted (in dollars per share) $ 1.76 $ 1.49 $ 1.27
Weighted average common shares outstanding—basic (in shares) 1,332 1,351 1,354
Weighted average common shares outstanding—diluted (in shares) 1,350 1,362 1,361
Cash dividends declared per common share (in dollars per share) $ 0.394 $ 0.302 $ 0.132