CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Assets
Cash and cash equivalents	$ 3,191	$ 4,322	[1]
Restricted cash	675	723	[1]
Trade receivables, net	125	133	[1]
Financing receivables, net	23,085	24,249	[1]
Financial receivables from Iveco Group N.V.	168	380	[1]
Inventories, net	4,776	5,545	[1]
Property, plant and equipment, net	1,936	1,913	[1]
Investments in unconsolidated subsidiaries and affiliates	490	479	[1]
Equipment under operating leases	1,466	1,417	[1]
Goodwill	3,584	3,614	[1]
Other intangible assets, net	1,221	1,292	[1]
Deferred tax assets	927	979	[1]
Derivative assets	196	136	[1]
Other assets	1,093	1,085	[1]
Total Assets	42,933	46,267	[1]
Liabilities and Equity
Debt	26,882	27,326	[1]
Financial payables to Iveco Group N.V.	62	146	[1]
Trade payables	2,292	3,611	[1]
Deferred tax liabilities	28	35	[1]
Pension, postretirement and other postemployment benefits	392	476	[1]
Derivative liabilities	146	216	[1]
Other liabilities	5,363	6,307	[1]
Total Liabilities	35,165	38,117	[1]
Redeemable noncontrolling interest	55	54	[1]
Common shares, €0.01, par value; outstanding 1,248,023,791 common shares and 370,994,305 loyalty program special voting shares in 2024; and outstanding 1,290,937,585 common shares and 371,000,610 loyalty program special voting shares in 2023	25	25	[1]
Treasury stock, at cost - 116,376,405 shares in 2024 and 73,462,611 shares in 2023	(1,386)	(865)	[1]
Additional paid-in capital	1,415	1,578	[1]
Retained earnings	10,309	9,654	[1]
Accumulated other comprehensive loss	(2,712)	(2,362)	[1]
Noncontrolling interests	62	66	[1]
Total Equity	7,713	8,096	[1]
Total Liabilities and Equity	42,933	46,267	[1]
Variable Interest Entity, Primary Beneficiary
Assets
Restricted cash	585	626
Financing receivables, net	10,831	10,365
Total Assets	11,416	10,991
Liabilities and Equity
Debt	10,577	10,033
Total Liabilities	$ 10,577	$ 10,033

[1] See Note 23 Immaterial Revision of Prior Period Financial Statements.