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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities    
Net Income $ 982 $ 765
Financing Receivable, Credit Loss, Expense (Reversal) 282 191
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]    
Depreciation Depletion and Amortizations 2,291 2,133
Amortization Of Upfront Interest Supplements (1,746) (1,305)
Net change in deferred income taxes 28 (2)
Net change in other assets (365) (605)
Net change in other liabilities 365 449
All other operating activities 195 (62)
Net Cash Provided by (Used in) Operating Activities 2,032 1,564
Cash flows from investing activities    
Purchases of finance receivables (32,952) (30,919)
Principal collections of finance receivables 28,629 27,336
Purchases of operating lease vehicles (8,533) (7,021)
Proceeds From Liquidations of Operating Lease Vehicles 5,669 6,740
Net change in wholesale receivables and other (2,770) (1,129)
Purchases of marketable securities (168) (1,918)
Proceeds from sales and maturities of marketable securities 249 1,979
Settlements of derivatives (401) (214)
All other investing activities (61) (58)
Net Cash Provided by (Used in) Investing Activities (10,338) (5,204)
Cash flows from financing activities    
Proceeds from issuances of long-term debt 43,473 36,582
Principal payments on long-term debt (35,453) (31,663)
Change in short-term debt, net (1,520) (885)
Cash distributions to parent (325) 0
All other financing activities (117) (109)
Net Cash Provided by (Used in) Financing Activities 6,058 3,925
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 32 (30)
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 (2,216) 255
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents at March 31 $ 8,579 $ 10,775