CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	$ 4,322	$ 4,376
Restricted cash	723	753
Trade receivables, net	133	172
Financing receivables, net	24,249	19,260
Financial receivables from Iveco Group N.V.	380	298
Inventories, net	5,545	4,811
Property, plant and equipment, net	1,913	1,532
Investments in unconsolidated subsidiaries and affiliates	563	385
Equipment under operating leases	1,417	1,502
Goodwill	3,614	3,322
Other intangible assets, net	1,292	1,129
Deferred tax assets	979	433
Derivative assets	136	189
Other assets	1,085	1,219
Total Assets	46,351	39,381
Liabilities and Equity
Debt	27,326	22,962
Financial payables to Iveco Group N.V	146	156
Trade payables	3,611	3,702
Deferred tax liabilities	35	85
Pension, postretirement and other postemployment benefits	476	449
Derivative liabilities	216	204
Other liabilities	6,307	4,847
Total Liabilities	38,117	32,405
Redeemable noncontrolling interest	54	49
Common shares, €0.01, par value; outstanding 1,290,937,585 common shares and 371,000,610 loyalty program special voting shares in 2023; and outstanding 1,344,240,971 common shares and 371,072,953 loyalty program special voting shares in 2022	25	25
Treasury stock, at cost - 73,462,611 shares in 2023 and 20,159,225 shares in 2022	(865)	(230)
Additional paid in capital	1,578	1,504
Retained earnings	9,750	7,906
Accumulated other comprehensive loss	(2,374)	(2,278)
Noncontrolling interests	66	0
Total Equity	8,180	6,927
Total Liabilities and Equity	46,351	39,381
Variable Interest Entity, Primary Beneficiary
Assets
Restricted cash	626	595
Financing receivables, net	10,365	8,808
Total Assets	10,991	9,403
Liabilities and Equity
Debt	10,033	8,485
Total Liabilities	$ 10,033	$ 8,485