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Condensed Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
OPERATING ACTIVITIES:    
Net income $ 378.4us-gaap_NetIncomeLoss $ 273.9us-gaap_NetIncomeLoss
Adjustments to reconcile net income to cash provided by operations:    
Depreciation and amortization, Property, plant and equipment 70.3us-gaap_Depreciation 65.2us-gaap_Depreciation
Depreciation and amortization, Equipment on operating leases and other 150.8us-gaap_OtherDepreciationAndAmortization 154.6us-gaap_OtherDepreciationAndAmortization
Provision for losses on financial services receivables 2.7us-gaap_ProvisionForLoanLeaseAndOtherLosses 3.7us-gaap_ProvisionForLoanLeaseAndOtherLosses
Other, net (47.2)us-gaap_OtherNoncashIncomeExpense (23.1)us-gaap_OtherNoncashIncomeExpense
Change in operating assets and liabilities:    
Trade and other receivables (285.7)us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables (160.9)us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables
Wholesale receivables on new trucks (215.5)pcar_IncreaseDecreaseInWholesaleReceivables (58.1)pcar_IncreaseDecreaseInWholesaleReceivables
Sales-type finance leases and dealer direct loans on new trucks 35.3pcar_IncreaseDecreaseInSalesTypeFinanceLeaseAndDealerDirectLoanReceivables 21.5pcar_IncreaseDecreaseInSalesTypeFinanceLeaseAndDealerDirectLoanReceivables
Inventories 10.0us-gaap_IncreaseDecreaseInInventories (143.2)us-gaap_IncreaseDecreaseInInventories
Accounts payable and accrued expenses 313.5us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 179.6us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Income taxes, warranty and other 63.6us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (27.5)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Net Cash Provided by Operating Activities 476.2us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 285.7us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
INVESTING ACTIVITIES:    
Originations of retail loans and direct financing leases (637.5)us-gaap_PaymentsToAcquireFinanceReceivables (662.7)us-gaap_PaymentsToAcquireFinanceReceivables
Collections on retail loans and direct financing leases 625.4us-gaap_ProceedsFromSaleAndCollectionOfFinanceReceivables 660.9us-gaap_ProceedsFromSaleAndCollectionOfFinanceReceivables
Net increase in wholesale receivables on used equipment (1.6)pcar_IncreaseDecreaseInWholesaleReceivablesOnUsedEquipment (6.8)pcar_IncreaseDecreaseInWholesaleReceivablesOnUsedEquipment
Purchases of marketable securities (322.7)us-gaap_PaymentsToAcquireMarketableSecurities (308.9)us-gaap_PaymentsToAcquireMarketableSecurities
Proceeds from sales and maturities of marketable securities 276.9us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities 321.7us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities
Payments for property, plant and equipment (54.8)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (80.3)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Acquisitions of equipment for operating leases (340.9)us-gaap_PaymentsToAcquireEquipmentOnLease (182.9)us-gaap_PaymentsToAcquireEquipmentOnLease
Proceeds from asset disposals 123.0us-gaap_ProceedsFromSaleOfOtherProductiveAssets 83.4us-gaap_ProceedsFromSaleOfOtherProductiveAssets
Net Cash Used in Investing Activities (332.2)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (175.6)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
FINANCING ACTIVITIES:    
Payments of cash dividends (432.4)us-gaap_PaymentsOfDividends (389.7)us-gaap_PaymentsOfDividends
Proceeds from stock compensation transactions 6.3us-gaap_ProceedsFromStockOptionsExercised 11.6us-gaap_ProceedsFromStockOptionsExercised
Net (decrease) increase in commercial paper and short-term bank loans (347.9)us-gaap_ProceedsFromRepaymentsOfShortTermDebt 348.7us-gaap_ProceedsFromRepaymentsOfShortTermDebt
Proceeds from long-term debt 554.3us-gaap_ProceedsFromIssuanceOfLongTermDebt 11.3us-gaap_ProceedsFromIssuanceOfLongTermDebt
Payments of long-term debt (20.2)us-gaap_RepaymentsOfLongTermDebt (550.0)us-gaap_RepaymentsOfLongTermDebt
Net Cash Used in Financing Activities (239.9)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (568.1)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Effect of exchange rate changes on cash (77.0)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (2.2)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net Decrease in Cash and Cash Equivalents (172.9)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (460.2)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of period 1,737.6us-gaap_CashAndCashEquivalentsAtCarryingValue 1,750.1us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period $ 1,564.7us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,289.9us-gaap_CashAndCashEquivalentsAtCarryingValue