Segment and Related Information (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Geographic Area Data

Geographic Area Data		2024		2023		2022
Net sales and revenues:
United States	$	18,664.5	$	18,841.6	$	15,379.2
Europe		6,962.6		8,741.4		7,486.5
Other		8,036.7		7,544.4		5,954.0
	$	33,663.8	$	35,127.4	$	28,819.7
Property, plant and equipment, net:
United States	$	2,124.1	$	1,950.9	$	1,831.7
The Netherlands		697.7		654.0		534.1
Belgium		479.9		550.4		572.8
Other		683.9		624.8		529.8
	$	3,985.6	$	3,780.1	$	3,468.4
Equipment on operating leases, net:
United States	$	507.7	$	524.9	$	846.9
Mexico		405.4		420.2		314.5
Spain		216.6		303.3		316.3
France		204.2		223.5		260.7
Germany		179.1		247.1		280.9
Poland		127.7		187.9		245.8
The Netherlands		62.3		137.8		185.9
Other		257.6		258.3		352.3
	$	1,960.6	$	2,303.0	$	2,803.3

Segment Reporting Information by Segment

	2024
Business Segment Data	Truck			Parts			Other			Truck, Parts and Other			Financial Services		Total
Net sales and revenues	$	25,274.2		$	6,743.9		$	59.5		$	32,077.6		$	2,099.5	$	34,177.1
Less intersegment		(435.8	)		(77.5	)					(513.3	)				(513.3	)
External Customers	$	24,838.4		$	6,666.4		$	59.5		$	31,564.3		$	2,099.5	$	33,663.8
Cost of sales and revenues		21,389.8			4,604.4			75.4			26,069.6					26,069.6
Research and development		343.6			108.7			.6			452.9					452.9
Selling, general and administrative		254.2			246.4			84.4			585.0			159.0		744.0
Interest and other borrowing expenses														710.8		710.8
Depreciation and other expenses														718.5		718.5
Provision for losses on receivables														75.6		75.6
Other segment (income) expenses		(1.8	)		2.4			(114.4	)		(113.8	)				(113.8	)
	$	2,852.6		$	1,704.5		$	13.5		$	4,570.6		$	435.6	$	5,006.2
Investment income																394.7
Income before income taxes	$	2,852.6		$	1,704.5		$	13.5		$	4,570.6		$	435.6	$	5,400.9
Depreciation and amortization:	$	374.0		$	14.8		$	24.7		$	413.5		$	503.4	$	916.9
Expenditures for long-lived assets:	$	711.4		$	52.2		$	51.4		$	815.0		$	887.7	$	1,702.7

	2023
Business Segment Data	Truck			Parts			Other			Truck, Parts and Other			Financial Services		Total
Net sales and revenues	$	27,257.1		$	6,486.5		$	54.7		$	33,798.3		$	1,811.9	$	35,610.2
Less intersegment		(410.7	)		(72.1	)					(482.8	)				(482.8	)
External Customers	$	26,846.4		$	6,414.4		$	54.7		$	33,315.5		$	1,811.9	$	35,127.4
Cost of sales and revenues		22,440.6			4,369.6			84.0			26,894.2					26,894.2
Research and development		306.6			103.5			.8			410.9					410.9
Selling, general and administrative		278.5			238.0			87.8			604.3			149.0		753.3
Interest and other borrowing expenses														500.6		500.6
Depreciation and other expenses														590.7		590.7
Provision for losses on receivables														31.3		31.3
Other segment expenses *		20.8			.7			498.9			520.4					520.4
	$	3,799.9		$	1,702.6		$	(616.8	)	$	4,885.7		$	540.3	$	5,426.0
Investment income																292.2
Income (loss) before income taxes	$	3,799.9		$	1,702.6		$	(616.8	)	$	4,885.7		$	540.3	$	5,718.2
Depreciation and amortization:	$	403.5		$	15.0		$	25.3		$	443.8		$	480.1	$	923.9
Expenditures for long-lived assets:	$	584.8		$	65.7		$	33.2		$	683.7		$	582.2	$	1,265.9

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

	2022
Business Segment Data	Truck			Parts			Other			Truck, Parts and Other			Financial Services		Total
Net sales and revenues	$	22,005.5		$	5,829.4		$	63.8		$	27,898.7		$	1,505.4	$	29,404.1
Less intersegment		(519.3	)		(65.1	)					(584.4	)				(584.4	)
External Customers	$	21,486.2		$	5,764.3		$	63.8		$	27,314.3		$	1,505.4	$	28,819.7
Cost of sales and revenues		19,205.4			4,009.6			76.0			23,291.0					23,291.0
Research and development		246.1			94.6			.5			341.2					341.2
Selling, general and administrative		280.0			216.3			96.1			592.4			133.9		726.3
Interest and other borrowing expenses														216.3		216.3
Depreciation and other expenses														560.8		560.8
Provision for losses on receivables														5.5		5.5
Other segment expenses (income)		1.4			(2.8	)		(107.7	)		(109.1	)				(109.1	)
	$	1,753.3		$	1,446.6		$	(1.1	)	$	3,198.8		$	588.9	$	3,787.7
Investment income																61.0
Income (loss) before income taxes	$	1,753.3		$	1,446.6		$	(1.1	)	$	3,198.8		$	588.9	$	3,848.7
Depreciation and amortization:	$	324.9		$	14.0		$	23.9		$	362.8		$	427.4	$	790.2
Expenditures for long-lived assets:	$	466.0		$	21.1		$	28.6		$	515.7		$	854.8	$	1,370.5

Business Segment Data	2024		2023		2022
Segment Assets:
Truck	$	7,563.3	$	8,038.5	$	7,218.1
Parts		2,097.0		1,912.1		1,742.1
Other		1,697.2		1,249.6		976.8
Cash and marketable securities		9,649.9		8,659.3		6,158.9
		21,007.4		19,859.5		16,095.9
Financial services		22,411.5		20,963.9		17,179.6
	$	43,418.9	$	40,823.4	$	33,275.5