XML 60 R49.htm IDEA: XBRL DOCUMENT v3.24.0.1
Significant Accounting Policies - Additional Information (Detail)
12 Months Ended
Dec. 06, 2022
Dec. 31, 2023
USD ($)
Segment
shares
Dec. 31, 2022
USD ($)
shares
Dec. 31, 2021
USD ($)
Jan. 17, 2023
shares
Accounting Policies [Abstract]          
Reportable segments | Segment   3      
Payment to acquire commitment value   $ 744,000,000      
Deferred revenue   $ 1,229,100,000 $ 904,900,000    
Liquid investments maturity period   90 days      
Goodwill   $ 107,400,000 104,100,000    
Derivative assets   $ 21,000,000 $ 119,400,000    
Dividends payable, date declared Dec. 06, 2022        
Dividends payable, date paid Feb. 07, 2023        
Common stock dividend payable 50.00%        
Common stock, issued | shares   523,300,000 522,000,000   174,035,361
Fractional shares paid in cash | shares         411
Restatement effect on percentage dividend 50.00%        
Retained earnings   $ 15,780,300,000 $ 13,402,400,000    
ASU 2022-02          
Accounting Policies [Abstract]          
Change in accounting principle, accounting standards update, adopted [true false]   true      
Change in accounting principle, accounting standards update adoption date   Jan. 01, 2023      
Change in accounting principle, accounting standards update, immaterial effect [true false]   true      
Designated under hedge accounting          
Accounting Policies [Abstract]          
Derivative assets   $ 20,000,000 118,400,000    
Designated under hedge accounting | Interest-Rate Contracts | Other Assets          
Accounting Policies [Abstract]          
Derivative assets   21,000,000      
Trade Receivables          
Accounting Policies [Abstract]          
Trade and other receivables, net   1,822,700,000 1,600,100,000    
Other Receivables          
Accounting Policies [Abstract]          
Trade and other receivables, net   375,400,000 319,700,000    
Financial Services          
Accounting Policies [Abstract]          
Total operating lease revenue   736,900,000 788,800,000 $ 831,600,000  
Financing receivable, recorded investment, 90 days past due and still accruing   $ 0 $ 0    
Months contractual terms extended   3 months 3 months    
Financial Services | Designated under hedge accounting | Interest-Rate Contracts | Other Assets          
Accounting Policies [Abstract]          
Derivative assets   $ 17,300,000 $ 58,000,000    
Financial Services | Operating Lease          
Accounting Policies [Abstract]          
Total operating lease revenue   $ 736,900,000 $ 788,800,000 $ 831,600,000  
Operating Lease, Lease Income, Statement of Income or Comprehensive Income [Extensible Enumeration]   Investment income Investment income Investment income  
Depreciation and other expenses   $ 551,900,000 $ 490,000,000 $ 665,700,000  
Truck, Parts and Other          
Accounting Policies [Abstract]          
Trade and other receivables, net   $ 2,198,100,000 $ 1,919,800,000    
Trade receivable days outstanding considered past due   30 days 30 days 30 days  
Allowance for credit losses for Truck, Parts and Other   $ 900,000 $ 600,000    
Net charge-offs   $ 0 200,000 $ 0  
Engines manufactured by PACCAR          
Accounting Policies [Abstract]          
Warranty period   2 years      
Trucks | Truck Sales          
Accounting Policies [Abstract]          
Total operating lease revenue   $ 69,700,000 $ 105,900,000 $ 113,800,000  
Maximum          
Accounting Policies [Abstract]          
Warranty period   5 years      
Lease and guarantee periods (in years)   5 years      
Estimated useful lives of equipment   10 years      
Maximum | Financial Services          
Accounting Policies [Abstract]          
Operating lease term   5 years      
Maximum | Financial Services | Loans and Leases          
Accounting Policies [Abstract]          
Contractual terms of retails loans and finance leases   5 years      
Maximum | Trucks | Financial Services          
Accounting Policies [Abstract]          
Finance leases, lease term   5 years      
Minimum          
Accounting Policies [Abstract]          
Warranty period   1 year      
Lease and guarantee periods (in years)   3 years      
Estimated useful lives of equipment   3 years      
Minimum | Financial Services          
Accounting Policies [Abstract]          
Operating lease term   3 years      
Minimum | Financial Services | Loans and Leases          
Accounting Policies [Abstract]          
Contractual terms of retails loans and finance leases   3 years      
Minimum | Trucks | Financial Services          
Accounting Policies [Abstract]          
Finance leases, lease term   3 years