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STATEMENTS OF COMPREHENSIVE INCOME AND RETAINED EARNINGS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Interest and fee income $ 69.8 $ 77.1
Operating lease and rental revenues 79.9 85.8
Used truck sales and other revenues 7.5 17.3
TOTAL INTEREST AND OTHER REVENUES 157.2 180.2
Interest and other borrowing costs 27.9 36.0
Depreciation and other rental expenses 36.9 81.2
Cost of used truck sales and other expenses 4.8 15.6
Selling, general and administrative expenses 14.9 13.6
Provision for losses on receivables (2.5) 0.6
TOTAL EXPENSES 82.0 147.0
INCOME BEFORE INCOME TAXES 75.2 33.2
Income taxes 18.4 7.7
NET INCOME 56.8 25.5
COMPREHENSIVE INCOME 76.3 34.8
RETAINED EARNINGS AT BEGINNING OF PERIOD 1,716.8 [1] 1,668.7
RETAINED EARNINGS AT END OF PERIOD $ 1,673.6 $ 1,594.2
[1] The December 31, 2021 balance sheet has been derived from audited financial statements.