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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
ASSETS    
Total Assets $ 40,373.6 $ 40,823.4
STOCKHOLDERS' EQUITY:    
Common stock, $1 par value - authorized 1.2 billion shares, issued 523.1 and 523.3 million shares 524.1 523.3
Additional paid-in capital 318.3 269.1
Treasury stock, at cost - .04 million and nil shares (4.0)  
Retained earnings 16,833.7 15,780.3
Accumulated other comprehensive loss (800.2) (693.9)
Total Stockholders' Equity 16,871.9 15,878.8
Liabilities and Equity, Total 40,373.6 40,823.4
Truck, Parts and Other    
ASSETS    
Cash and cash equivalents 5,895.8 6,836.7
Trade and other receivables, net (allowance for losses: 2024 - $.8, 2023 - $.9) 2,410.9 2,198.1
Marketable securities 1,831.4 1,822.6
Inventories, net 2,742.6 2,576.7
Other current assets 622.4 680.6
Total Truck, Parts and Other Current Assets 13,503.1 14,114.7
Equipment on operating leases, net 112.7 127.6
Property, plant and equipment, net 3,796.9 3,780.1
Other noncurrent assets, net 1,808.3 1,837.1
Total Assets 19,221.0 19,859.5
Liabilities    
Accounts payable, accrued expenses and other 5,522.3 5,076.3
Dividend payable   1,675.0
Total Truck, Parts and Other Current Liabilities 5,522.3 6,751.3
Residual value guarantees and deferred revenues 127.2 142.6
Other liabilities 1,993.0 2,121.9
Total Liabilities 7,642.5 9,015.8
Financial Services    
ASSETS    
Cash and cash equivalents 298.7 345.0
Finance and other receivables, net (allowance for losses: 2024 - $124.8, 2022 - $133.0) 17,873.1 17,571.7
Equipment on operating leases, net 2,042.7 2,175.4
Other assets 938.1 871.8
Total Assets 21,152.6 20,963.9
Liabilities    
Accounts payable, accrued expenses and other 1,182.6 992.3
Commercial paper and bank loans 4,914.8 5,609.9
Term notes 9,114.9 8,624.6
Deferred taxes and other liabilities 646.9 702.0
Total Liabilities $ 15,859.2 $ 15,928.8