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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Property, plant and equipment, net $ 3,985.6 $ 3,780.1
Total Assets 43,418.9 40,823.4
STOCKHOLDERS' EQUITY:    
Common stock, $1 par value - authorized 1.2 billion shares, issued 524.4 and 523.3 million shares 524.4 523.3
Additional paid-in capital 344.8 269.1
Retained earnings 17,751.0 15,780.3
Accumulated other comprehensive loss (1,113.3) (693.9)
Total Stockholders' Equity 17,506.9 15,878.8
Liabilities and Equity, Total 43,418.9 40,823.4
Truck, Parts and Other    
ASSETS    
Cash and cash equivalents 6,871.1 6,836.7
Trade and other receivables, net (allowance for losses: 2024 - $1.2, 2023 - $.9) 1,933.8 2,198.1
Marketable securities 2,778.8 1,822.6
Inventories, net 2,367.1 2,576.7
Other current assets 751.2 680.6
Total Truck, Parts and Other Current Assets 14,702.0 14,114.7
Equipment on operating leases, net 69.2 127.6
Property, plant and equipment, net 3,985.6 3,780.1
Other noncurrent assets, net 2,250.6 1,837.1
Total Assets 21,007.4 19,859.5
Liabilities    
Accounts payable, accrued expenses and other 4,805.1 5,076.3
Dividend payable 1,573.8 1,675.0
Total Truck, Parts and Other Current Liabilities 6,378.9 6,751.3
Residual value guarantees and deferred revenues 80.3 142.6
Other liabilities 1,874.0 2,121.9
Total Liabilities 8,333.2 9,015.8
Financial Services    
ASSETS    
Cash and cash equivalents 189.7 345.0
Finance and other receivables, net (allowance for losses: 2024 - $145.2, 2023 - $133.0) 19,314.3 17,571.7
Equipment on operating leases, net 1,891.4 2,175.4
Other assets 1,016.1 871.8
Total Assets 22,411.5 20,963.9
Liabilities    
Accounts payable, accrued expenses and other 1,106.4 992.3
Commercial paper and bank loans 6,003.8 5,609.9
Term notes 9,891.2 8,624.6
Deferred taxes and other liabilities 577.4 702.0
Total Liabilities $ 17,578.8 $ 15,928.8