BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021	[1]
ASSETS
Cash	$ 35.5	$ 22.1
Finance and other receivables, net of allowance for losses (2022 - $63.7 and 2021 - $65.7)	6,894.5	6,728.4
Due from PACCAR and affiliates	1,407.6	1,465.3
Equipment on operating leases, net of accumulated depreciation (2022 - $687.4 and 2021 - $664.2)	953.0	1,012.3
Other assets	194.2	170.0
TOTAL ASSETS	9,484.8	9,398.1
LIABILITIES
Accounts payable, accrued expenses and other	364.3	385.6
Due to PACCAR and affiliates	72.5	54.8
Commercial paper	1,229.7	1,086.5
Medium-term notes	5,472.0	5,484.5
Deferred taxes and other liabilities	447.3	470.3
TOTAL LIABILITIES	7,585.8	7,481.7
STOCKHOLDER'S EQUITY
Preferred stock, par value $100 per share, 6% noncumulative and nonvoting, 450,000 shares authorized, 310,000 shares issued and outstanding	31.0	31.0
Common stock, par value $100 per share, 200,000 shares authorized, 145,000 shares issued and outstanding	14.5	14.5
Additional paid-in capital	162.3	156.0
Retained earnings	1,673.6	1,716.8
Accumulated other comprehensive income (loss)	17.6	(1.9)
TOTAL STOCKHOLDER'S EQUITY	1,899.0	1,916.4
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY	$ 9,484.8	$ 9,398.1

[1] The December 31, 2021 balance sheet has been derived from audited financial statements.