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EMPLOYEE BENEFIT PLANS AND POSTRETIREMENT BENEFITS (Tables)
 3 Months Ended
Mar. 31, 2024
Postemployment Benefits [Abstract]  
Summary of Net Periodic Benefit Cost
The following table summarizes the components of net periodic benefit cost of CNH’s defined benefit pension plans and postretirement health and life insurance plans for the three months ended March 31, 2024 and 2023 (in millions of dollars):
Pension Healthcare Other
Three Months Ended March 31,Three Months Ended March 31,Three Months Ended March 31,
202420232024202320242023
Service cost$2 $2 $1 $1 $1 $1 
Interest cost13 14 2 2 1 1 
Expected return on assets(13)(11)(1)(1)— — 
Amortization of:
Prior service credit— — (6)(9)— — 
Actuarial loss (gain)5 4 — — — — 
Net periodic benefit cost$7 $9 $(4)$(7)$2 $2