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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities    
Net Income $ 489 $ 526
Financing Receivable, Credit Loss, Expense (Reversal) 183 117
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]    
Depreciation Depletion and Amortizations 1,530 1,407
Amortization Of Upfront Interest Supplements (1,126) (842)
Net change in deferred income taxes 49 13
Net change in other assets (460) (188)
Net change in other liabilities 203 32
All other operating activities 145 (21)
Net Cash Provided by (Used in) Operating Activities 1,013 1,044
Cash flows from investing activities    
Purchases of finance receivables (21,808) (20,432)
Principal collections of finance receivables 18,900 18,196
Purchases of operating lease vehicles (5,317) (4,373)
Proceeds From Liquidations of Operating Lease Vehicles 3,918 4,555
Net change in wholesale receivables and other (1,853) (1,497)
Purchases of marketable securities (95) (1,696)
Proceeds from sales and maturities of marketable securities 200 1,610
Settlements of derivatives (234) (52)
All other investing activities (38) (36)
Net Cash Provided by (Used in) Investing Activities (6,327) (3,725)
Cash flows from financing activities    
Proceeds from issuances of long-term debt 28,960 26,401
Principal payments on long-term debt (25,066) (22,075)
Change in short-term debt, net (1,429) (554)
Cash distributions to parent (150) 0
All other financing activities (93) (96)
Net Cash Provided by (Used in) Financing Activities 2,222 3,676
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (150) 77
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at January 1 10,795 10,520
Net increase/(decrease) in cash, cash equivalents, and restricted cash (3,242) 1,072
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at March 31 $ 7,553 $ 11,592