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Segment Information (Tables)
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Segment Reporting Information by Segment

 

Three Months Ended

 

 

Six Months Ended

 

 

June 30

 

 

June 30

 

 

 

2024

 

 

 

2023

 

 

 

2024

 

 

 

2023

 

Net sales and revenues:

 

 

 

 

 

 

 

 

 

 

 

Truck

$

6,674.3

 

 

$

6,923.0

 

 

$

13,353.2

 

 

$

13,501.7

 

Less intersegment

 

(96.5

)

 

 

(95.5

)

 

 

(234.4

)

 

 

(260.4

)

External customers

 

6,577.8

 

 

 

6,827.5

 

 

 

13,118.8

 

 

 

13,241.3

 

Parts

 

1,685.1

 

 

 

1,618.4

 

 

 

3,380.4

 

 

 

3,259.5

 

Less intersegment

 

(20.8

)

 

 

(19.5

)

 

 

(40.2

)

 

 

(37.6

)

External customers

 

1,664.3

 

 

 

1,598.9

 

 

 

3,340.2

 

 

 

3,221.9

 

Other

 

20.2

 

 

 

14.9

 

 

 

38.3

 

 

 

28.2

 

 

8,262.3

 

 

 

8,441.3

 

 

 

16,497.3

 

 

 

16,491.4

 

Financial Services

 

509.8

 

 

 

439.8

 

 

 

1,019.1

 

 

 

863.0

 

$

8,772.1

 

 

$

8,881.1

 

 

$

17,516.4

 

 

$

17,354.4

 

Income (loss) before income taxes:

 

 

 

 

 

 

 

 

 

 

 

Truck

$

837.3

 

 

$

948.3

 

 

$

1,718.9

 

 

$

1,842.6

 

Parts

 

413.8

 

 

 

419.3

 

 

 

869.6

 

 

 

857.9

 

Other*

 

2.7

 

 

 

(6.5

)

 

 

.4

 

 

 

(618.2

)

 

1,253.8

 

 

 

1,361.1

 

 

 

2,588.9

 

 

 

2,082.3

 

Financial Services

 

111.2

 

 

 

144.7

 

 

 

225.1

 

 

 

293.5

 

Investment income

 

95.8

 

 

 

62.7

 

 

 

181.3

 

 

 

111.7

 

$

1,460.8

 

 

$

1,568.5

 

 

$

2,995.3

 

 

$

2,487.5

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

 

 

 

Truck

$

93.4

 

 

$

99.2

 

 

$

193.0

 

 

$

199.0

 

Parts

 

4.9

 

 

 

3.6

 

 

 

8.7

 

 

 

7.3

 

Other

 

6.5

 

 

 

6.0

 

 

 

12.5

 

 

 

12.3

 

 

104.8

 

 

 

108.8

 

 

 

214.2

 

 

 

218.6

 

Financial Services

 

127.1

 

 

 

114.6

 

 

 

252.7

 

 

 

225.9

 

 

$

231.9

 

 

$

223.4

 

 

$

466.9

 

 

$

444.5

 

* In the first half of 2023, Other includes a $600.0 million non-recurring charge related to civil litigation in Europe (EC-related claims) which is discussed in Note M.