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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues        
Net sales $ 4,803 $ 5,954 $ 8,934 $ 10,730
Finance, interest and other income 685 613 1,372 1,179
Total Revenues 5,488 6,567 10,306 11,909
Costs and Expenses        
Cost of goods sold 3,702 4,463 6,897 8,074
Selling, general and administrative expenses 461 485 872 923
Research and development expenses 237 269 465 500
Restructuring expenses 51 2 82 3
Interest expense 418 323 812 595
Other, net 165 187 322 350
Total Costs and Expenses 5,034 5,729 9,450 10,445
Income (loss) of Consolidated Group before Income Taxes 454 838 856 1,464
Income tax expense (95) (192) (172) (365)
Equity in income of unconsolidated subsidiaries and affiliates 79 64 156 97
Net income (loss) 438 710 840 1,196
Net income (loss) attributable to noncontrolling interests 5 4 6 8
Net income (loss) attributable to CNH Industrial N.V. $ 433 $ 706 $ 834 $ 1,188
Earnings per share attributable to common shareholders        
Earnings per share attributable to common shareholders - basic (in usd per share) $ 0.34 $ 0.53 $ 0.66 $ 0.89
Earnings per share attributable to common shareholders - diluted (in usd per share) $ 0.34 $ 0.52 $ 0.66 $ 0.88
Weighted average shares outstanding        
Weighted average shares outstanding—basic (in shares) 1,256 1,338 1,258 1,340
Weighted average shares outstanding—diluted (in shares) 1,260 1,355 1,267 1,357
Cash dividends declared per common share (in usd per share) $ 0.470 $ 0.396 $ 0.470 $ 0.396