XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues    
Net sales $ 4,131 $ 4,776
Finance, interest and other income 687 566
Total Revenues 4,818 5,342
Costs and Expenses    
Cost of goods sold 3,195 3,611
Selling, general and administrative expenses 411 438
Research and development expenses 228 231
Restructuring expenses 31 1
Interest expense 394 272
Other, net 157 163
Total Costs and Expenses 4,416 4,716
Income (loss) of Consolidated Group before Income Taxes 402 626
Income tax expense (77) (173)
Equity in income of unconsolidated subsidiaries and affiliates 77 33
Net income (loss) 402 486
Net income (loss) attributable to noncontrolling interests 1 4
Net income (loss) attributable to CNH Industrial N.V. $ 401 $ 482
Earnings per share attributable to common shareholders    
Basic earnings (loss per share (in usd per share) $ 0.32 $ 0.36
Diluted earnings (loss) per share (in usd per share) $ 0.31 $ 0.35
Weighted average shares outstanding    
Weighted average common shares outstanding—basic (in shares) 1,260 1,342
Weighted average common shares outstanding—diluted (in shares) 1,274 1,359
Cash dividends declared per common share (in usd per share) $ 0 $ 0