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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues $ 8,881.1 $ 7,158.7 $ 17,354.4 $ 13,631.3
Provision for losses on receivables     7.9 4.6
Investment income 62.7 5.4 111.7 2.9
Income before income taxes 1,568.5 922.1 2,487.5 1,693.5
Income taxes 347.4 201.7 532.5 372.6
Net Income $ 1,221.1 $ 720.4 $ 1,955.0 $ 1,320.9
Net Income Per Share        
Basic $ 2.33 $ 1.38 $ 3.73 $ 2.53
Diluted $ 2.33 $ 1.37 $ 3.73 $ 2.52
Weighted Average Number of Common Shares Outstanding        
Basic 523.8 522.6 523.6 522.5
Diluted 524.8 523.2 524.6 523.2
Comprehensive Income $ 1,316.5 $ 486.4 $ 2,130.6 $ 1,130.3
Truck, Parts and Other        
Revenues 8,441.3 6,786.2 16,491.4 12,892.6
Cost of sales and revenues 6,851.7 5,811.0 13,344.8 11,096.5
Research and development 101.3 80.4 198.5 158.4
Selling, general and administrative 144.9 144.9 304.7 292.9
Interest and other (income) expense, net (17.7) (22.4) 561.1 (54.4)
Costs and Expenses, Total 7,080.2 6,013.9 14,409.1 11,493.4
Income before income taxes 1,361.1 772.3 2,082.3 1,399.2
Financial Services        
Revenues 439.8 372.5 863.0 738.7
Interest and fees 238.7 150.9 446.7 283.2
Operating lease, rental and other revenues 201.1 221.6 416.3 455.5
Interest and other borrowing expenses 115.5 46.4 209.3 86.2
Depreciation and other expenses 137.8 145.4 280.1 288.9
Selling, general and administrative 37.0 31.9 72.2 67.6
Provision for losses on receivables 4.8 4.4 7.9 4.6
Costs and Expenses, Total 295.1 228.1 569.5 447.3
Income before income taxes $ 144.7 $ 144.4 $ 293.5 $ 291.4