XML 55 R42.htm IDEA: XBRL DOCUMENT v3.25.0.1
Borrowings And Credit Arrangements (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Financial Services Borrowings

Financial Services borrowings include the following:

 

 

2024

 

 

2023

 

 

 

EFFECTIVE

 

 

 

 

 

EFFECTIVE

 

 

 

 

At December 31,

 

RATE

 

 

BORROWINGS

 

 

RATE

 

 

BORROWINGS

 

Commercial paper

 

 

4.4

%

 

$

5,484.9

 

 

 

5.2

%

 

$

5,068.9

 

Bank loans

 

 

11.5

%

 

 

518.9

 

 

 

8.6

%

 

 

541.0

 

 

 

 

 

 

6,003.8

 

 

 

 

 

 

5,609.9

 

Term notes

 

 

4.2

%

 

 

9,891.2

 

 

 

3.4

%

 

 

8,624.6

 

 

 

4.5

%

 

$

15,895.0

 

 

 

4.3

%

 

$

14,234.5

 

Annual Maturities of Financial Services Borrowings

The annual maturities of the Financial Services borrowings are as follows:

 

 

COMMERCIAL

 

 

BANK

 

 

TERM

 

 

 

 

Beginning January 1,

 

PAPER

 

 

LOANS

 

 

NOTES

 

 

TOTAL

 

2025

 

$

5,497.1

 

 

$

239.1

 

 

$

2,623.4

 

 

$

8,359.6

 

2026

 

 

 

 

 

139.8

 

 

 

3,293.4

 

 

 

3,433.2

 

2027

 

 

 

 

 

92.5

 

 

 

2,064.0

 

 

 

2,156.5

 

2028

 

 

 

 

 

39.2

 

 

 

600.0

 

 

 

639.2

 

2029

 

 

 

 

 

8.3

 

 

 

999.9

 

 

 

1,008.2

 

2030 and beyond

 

 

 

 

 

 

 

 

350.0

 

 

 

350.0

 

 

$

5,497.1

 

 

$

518.9

 

 

$

9,930.7

 

 

$

15,946.7