Debt (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Schedule of issued bond outstanding

A summary of issued bonds outstanding as of December 31, 2024, is as follows:

(in millions of dollars, except percentages)	Currency	Face value of outstanding bonds	Coupon		Maturity	Outstanding amount
Industrial Activities
Euro Medium Term Notes:
CNH Industrial Finance Europe S.A. (1)	EUR	650	1.750	%	September 12, 2025	$	675
CNH Industrial Finance Europe S.A. (1)	EUR	100	3.500	%	November 12, 2025	104
CNH Industrial Finance Europe S.A. (1)	EUR	500	1.875	%	January 19, 2026	519
CNH Industrial Finance Europe S.A. (1)	EUR	600	1.750	%	March 25, 2027	623
CNH Industrial Finance Europe S.A. (1)	EUR	50	3.875	%	April 21, 2028	52
CNH Industrial Finance Europe S.A. (1)	EUR	500	1.625	%	July 3, 2029	520
CNH Industrial Finance Europe S.A. (1)	EUR	50	2.200	%	July 15, 2039	52
CNH Industrial N.V. (2)	EUR	750	3.750	%	June 11, 2031	779
Other Bonds:
CNH Industrial N.V. (3)	USD	500	3.850	%	November 15, 2027	500
Hedging effects, bond premium/discount, and unamortized issuance costs						(50)
Total Industrial Activities						$	3,774
Financial Services
CNH Industrial Capital LLC	USD	500	3.950	%	May 23, 2025	$	500
CNH Industrial Capital LLC	USD	400	5.450	%	October 14, 2025	400
CNH Industrial Capital LLC	USD	500	1.875	%	January 15, 2026	500
CNH Industrial Capital LLC	USD	600	1.450	%	July 15, 2026	600
CNH Industrial Capital LLC	USD	500	4.500	%	October 8, 2027	500
CNH Industrial Capital LLC	USD	600	4.550	%	April 10, 2028	600
CNH Industrial Capital LLC	USD	500	5.500	%	January 12, 2029	500
CNH Industrial Capital LLC	USD	600	5.100	%	April 20, 2029	600
CNH Industrial Capital Australia Pty Ltd.	AUD	500	5.400 % 5.800 %		2026/2027	310
CNH Industrial Capital Canada Ltd.	CAD	400	5.500	%	August 11, 2026	278
CNH Industrial Capital Canada Ltd	CAD	400	4.800	%	March 25, 2027	278
CNH Industrial Capital Canada Ltd	CAD	300	4.000	%	April 11, 2028	208
CNH Industrial Capital Argentina S.A.	USD	131	0.000 % 7.500 %		2025/2028	131
Banco CNH Industrial Capital S.A.	BRL	4,107	12.290 % 13.940 %		2025/2028	663
Hedging effects, bond premium/discount, and unamortized issuance costs						(46)
Total Financial Services						$	6,022

(1) Bond listed on the regulated market of Euronext Dublin

(2) Bond listed on the Global Exchange Market of Euronext Dublin

(3) Bond listed on the New York Stock Exchange

A summary of total debt as of December 31, 2024 and 2023, is as follows:

	2024						2023
(in millions of dollars)	Industrial Activities		Financial Services		Consolidated		Industrial Activities		Financial Services		Consolidated
Total bonds	$	3,774	$	6,022	$	9,796	$	3,986	$	5,170	$	9,156
Asset-backed debt	—		11,965		11,965		—		11,716		11,716
Other debt	269		4,852		5,121		146		6,308		6,454
Intersegment debt	456		334		—		301		527		—
Total Debt	4,499		23,173		26,882		4,433		23,721		27,326
Financial payables to Iveco Group N.V.	4		58		62		6		140		146
Total Debt (including Financial payables to Iveco Group N.V.)	$	4,503	$	23,231	$	26,944	$	4,439	$	23,861	$	27,472

Schedule of minimum annual repayments of debt

A summary of the minimum annual repayments of debt as of December 31, 2024, and thereafter is as follows:

(in millions of dollars)	Industrial Activities		Financial Services		Consolidated
2025	$	1,023	$	9,816	$	10,839
2026	521		5,154		5,675
2027	1,097		3,009		4,106
2028	52		2,232		2,284
2029	519		1,945		2,464
2030 and thereafter	831		683		1,514
Financial payables to Iveco Group N.V.	4		58		62
Intersegment	456		334		—
Total	$	4,503	$	23,231	$	26,944