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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Total Assets $ 42,724.7 $ 43,418.9
STOCKHOLDERS' EQUITY:    
Common stock, $1 par value - authorized 1.2 billion shares, issued 525.0 and 524.4 million shares 525.0 524.4
Additional paid-in capital 382.0 344.8
Treasury stock, at cost - .04 million and nil shares (4.3)  
Retained earnings 18,082.5 17,751.0
Accumulated other comprehensive loss (963.1) (1,113.3)
Total Stockholders' Equity 18,022.1 17,506.9
Liabilities and Equity, Total 42,724.7 43,418.9
Truck, Parts and Other    
ASSETS    
Cash and cash equivalents 5,273.5 6,871.1
Trade and other receivables, net (allowance for losses: 2025 - $1.3, 2024 - $1.2) 2,212.4 1,933.8
Marketable securities 2,826.5 2,778.8
Inventories, net 2,375.6 2,367.1
Other current assets 759.7 751.2
Total Truck, Parts and Other Current Assets 13,447.7 14,702.0
Property, plant and equipment, net 4,127.2 3,985.6
Other noncurrent assets, net 2,404.6 2,319.8
Total Assets 19,979.5 21,007.4
Liabilities    
Accounts payable, accrued expenses and other 5,103.2 4,805.1
Dividend payable   1,573.8
Total Truck, Parts and Other Current Liabilities 5,103.2 6,378.9
Other liabilities 2,235.2 1,954.3
Total Liabilities 7,338.4 8,333.2
Financial Services    
ASSETS    
Cash and cash equivalents 244.2 189.7
Finance and other receivables, net (allowance for losses: 2025 - $146.6, 2024 - $145.2) 19,611.3 19,314.3
Equipment on operating leases, net 1,868.8 1,891.4
Other assets 1,020.9 1,016.1
Total Assets 22,745.2 22,411.5
Liabilities    
Accounts payable, accrued expenses and other 1,126.0 1,106.4
Commercial paper and bank loans 5,687.4 6,003.8
Term notes 9,967.6 9,891.2
Deferred taxes and other liabilities 583.2 577.4
Total Liabilities $ 17,364.2 $ 17,578.8