XML 118 R107.htm IDEA: XBRL DOCUMENT v3.24.0.1
Amount of Loss (Gain) from Derivative Financial Instruments Recorded in Consolidated Statements of Comprehensive Income (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest-Rate Contracts      
Derivative Instruments Gain Loss [Line Items]      
Derivatives designated as hedging instruments (gain) loss $ 86.3 $ 7.1 $ (49.4)
Interest-Rate Contracts | Financial Services | Interest and other borrowing expenses      
Derivative Instruments Gain Loss [Line Items]      
Derivatives designated as hedging instruments (gain) loss 86.3 7.1 (49.4)
Foreign-exchange contracts      
Derivative Instruments Gain Loss [Line Items]      
Derivatives designated as hedging instruments (gain) loss 45.4 (4.9) 22.6
Foreign-exchange contracts | Truck, Parts and Other      
Derivative Instruments Gain Loss [Line Items]      
Derivatives designated as hedging instruments (gain) loss 41.9 (4.1) 23.1
Foreign-exchange contracts | Truck, Parts and Other | Cost of sales and revenues | Not designated as hedging instruments      
Derivative Instruments Gain Loss [Line Items]      
Derivatives designated as hedging instruments (gain) loss (5.1) (1.7) 8.9
Foreign-exchange contracts | Truck, Parts and Other | Interest and other (income) expenses, net | Not designated as hedging instruments      
Derivative Instruments Gain Loss [Line Items]      
Derivatives designated as hedging instruments (gain) loss 8.8 0.8 1.9
Foreign-exchange contracts | Financial Services | Interest and other borrowing expenses      
Derivative Instruments Gain Loss [Line Items]      
Derivatives designated as hedging instruments (gain) loss 3.5 (0.8) (0.5)
Foreign-exchange contracts | Financial Services | Interest and other borrowing expenses | Not designated as hedging instruments      
Derivative Instruments Gain Loss [Line Items]      
Derivatives designated as hedging instruments (gain) loss 1.7 (8.1) (0.5)
Cash Flow Hedging | Interest-Rate Contracts | Financial Services | Interest and other borrowing expenses      
Derivative Instruments Gain Loss [Line Items]      
Derivatives designated as hedging instruments (gain) loss 76.5 6.1 (49.8)
Cash Flow Hedging | Foreign-exchange contracts | Truck, Parts and Other | Net sales and revenues      
Derivative Instruments Gain Loss [Line Items]      
Derivatives designated as hedging instruments (gain) loss 31.9 19.3 16.6
Cash Flow Hedging | Foreign-exchange contracts | Truck, Parts and Other | Cost of sales and revenues      
Derivative Instruments Gain Loss [Line Items]      
Derivatives designated as hedging instruments (gain) loss 2.2 (15.3) (1.0)
Cash Flow Hedging | Foreign-exchange contracts | Truck, Parts and Other | Interest and other (income) expenses, net      
Derivative Instruments Gain Loss [Line Items]      
Derivatives designated as hedging instruments (gain) loss 12.8 (1.4) (0.1)
Cash Flow Hedging | Foreign-exchange contracts | Financial Services | Interest and other borrowing expenses      
Derivative Instruments Gain Loss [Line Items]      
Derivatives designated as hedging instruments (gain) loss 1.8 7.3  
Net Investment Hedging | Foreign-exchange contracts | Truck, Parts and Other | Interest and other (income) expenses, net      
Derivative Instruments Gain Loss [Line Items]      
Derivatives designated as hedging instruments (gain) loss (8.7) (5.8) (3.2)
Fair Value Hedging | Interest-Rate Contracts | Financial Services | Interest and other borrowing expenses      
Derivative Instruments Gain Loss [Line Items]      
Derivatives designated as hedging instruments (gain) loss $ 9.8 $ 1.0 $ 0.4