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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues $ 7,441.7 $ 8,744.3
Cost of sales and revenues 5,891.0 6,673.8
Research and development 115.4 105.5
Interest and other borrowing expenses 190.6 160.0
Depreciation and other expenses 159.7 180.3
Selling, general and administrative 181.6 186.6
Provision for losses on receivables 18.3 16.1
Income before income taxes 559.3 1,449.0
Investment income 83.8 85.5
Total Income Before Income Taxes 643.1 1,534.5
Income taxes 138.0 339.2
Net Income $ 505.1 $ 1,195.3
Net Income Per Share    
Basic $ 0.96 $ 2.28
Diluted $ 0.96 $ 2.27
Weighted Average Number of Common Shares Outstanding    
Basic 525.9 524.9
Diluted 526.9 526.3
Comprehensive Income $ 655.3 $ 1,089.0
Truck, Parts and Other    
Revenues 6,913.7 8,235.0
Cost of sales and revenues 5,891.0 6,673.8
Research and development 115.4 105.5
Selling, general and administrative 143.3 147.6
Interest and other expenses (income), net 325.8 (27.0)
Costs and Expenses, Total 6,475.5 6,899.9
Income before income taxes 438.2 1,335.1
Total Income Before Income Taxes 438.2 1,335.1
Financial Services    
Interest and fees 343.0 303.4
Operating lease, rental and other revenues 185.0 205.9
Revenues 528.0 509.3
Interest and other borrowing expenses 190.6 160.0
Depreciation and other expenses 159.7 180.3
Selling, general and administrative 38.3 39.0
Provision for losses on receivables 18.3 16.1
Costs and Expenses, Total 406.9 395.4
Income before income taxes 121.1 113.9
Total Income Before Income Taxes $ 121.1 $ 113.9