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Equipment On Operating Leases (Tables)
12 Months Ended
Dec. 31, 2023
Lessor Disclosure [Abstract]  
Equipment on Operating Leases for Truck Parts and Other Segment and for Financial Services Segment

A summary of equipment on operating leases for Truck, Parts and Other and for the Financial Services segment is presented below:

 

 

 

TRUCK, PARTS AND OTHER

 

 

FINANCIAL SERVICES

 

At December 31,

 

 

2023

 

 

 

2022

 

 

 

2023

 

 

 

2022

 

Equipment on operating leases

 

$

177.4

 

 

$

251.7

 

 

$

3,365.3

 

 

$

3,974.8

 

Less allowance for depreciation

 

 

(49.8

)

 

 

(60.9

)

 

 

(1,189.9

)

 

 

(1,362.3

)

 

$

127.6

 

 

$

190.8

 

 

$

2,175.4

 

 

$

2,612.5

 

Residual Value Obligation and Deferred Lease Revenue These amounts are summarized below:

 

 

 

 

 

 

 

TRUCK, PARTS AND OTHER

 

At December 31,

 

 

 

 

 

 

2023

 

 

 

2022

 

Residual value guarantees

 

 

 

 

 

$

119.7

 

 

$

162.3

 

Deferred lease revenues

 

 

 

 

 

 

22.9

 

 

 

46.9

 

 

 

 

 

 

$

142.6

 

 

$

209.2