CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2025	Dec. 31, 2024
ASSETS
Cash and cash equivalents (Note 3)	$ 8,764	$ 9,272
Marketable securities (Note 3)	753	706
Finance receivables, net	120,713	121,950
Net investment in operating leases (Note 5)	24,979	21,689
Notes and accounts receivable from affiliated companies	882	836
Derivative financial instruments (Note 7)	1,597	784
Other assets (Note 8)	3,646	3,055
Total assets	161,334	158,292
LIABILITIES
Accounts payable	1,723	1,684
Debt (Note 9)	140,165	137,868
Deferred income taxes	629	364
Derivative financial instruments (Note 7)	1,072	1,992
Other liabilities and deferred revenue (Note 8)	3,028	2,627
Total liabilities	146,617	144,535
SHAREHOLDER’S INTEREST
Shareholder’s interest	5,166	5,166
Accumulated other comprehensive income/(loss)	(740)	(1,217)
Retained earnings	10,291	9,808
Total shareholder’s interest	14,717	13,757
Total liabilities and shareholder’s interest	161,334	158,292
Affiliated Entity
LIABILITIES
Accounts payable	808	723
Nonrelated Party
LIABILITIES
Accounts payable	915	961
Retail installment contracts, dealer financing, and other financing
ASSETS
Finance receivables, net	111,962	114,069
Finance leases
ASSETS
Finance receivables, net	$ 8,751	$ 7,881