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STATEMENTS OF COMPREHENSIVE INCOME AND RETAINED EARNINGS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Interest and fee Income $ 81.0 $ 61.3
Operating lease and rental revenues 99.3 101.5
Used truck sales and other revenues 3.7 7.7
TOTAL INTEREST AND OTHER REVENUES 184.0 170.5
Interest and other borrowing costs 41.8 28.9
Depreciation and other rental expenses 83.3 93.2
Cost of used truck sales and other expenses 1.9 6.8
Selling, general and administrative expenses 15.3 13.8
Provision for losses on receivables 2.9 1.2
TOTAL EXPENSES 145.2 143.9
INCOME BEFORE INCOME TAXES 38.8 26.6
Income taxes 9.2 6.2
NET INCOME 29.6 20.4
COMPREHENSIVE INCOME 25.8 22.9
RETAINED EARNINGS AT BEGINNING OF PERIOD 1,488.2 [1] 1,396.1
RETAINED EARNINGS AT END OF PERIOD $ 1,517.8 $ 1,416.5
[1] The December 31, 2018 balance sheet has been derived from audited financial statements.