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Consolidated Statements of Income
€ in Millions, shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2014
USD ($)
$ / shares
shares
Investment income $ 27.6 $ 21.8 $ 22.3
Provision for losses on receivables 18.4 12.4 15.4
Income before income taxes 1,130.4 2,337.1 2,017.6
Income taxes 608.7 733.1 658.8
Net Income $ 521.7 $ 1,604.0 $ 1,358.8
Net Income Per Share      
Basic | $ / shares $ 1.49 $ 4.52 $ 3.83
Diluted | $ / shares $ 1.48 $ 4.51 $ 3.82
Weighted Average Number of Common Shares Outstanding      
Basic | shares 351.1 354.6 355.0
Diluted | shares 351.8 355.6 356.1
Truck, Parts and Other      
Net sales and revenues $ 15,846.6 $ 17,942.8 $ 17,792.8
Cost of sales and revenues 13,517.7 15,292.1 15,481.6
Research and development 247.2 239.8 215.6
Selling, general and administrative 440.8 445.9 465.2
European Commission charge 833.0 0.0 0.0
Interest and other expense, net 11.6 12.3 5.5
Costs and Expenses, Total 15,050.3 15,990.1 16,167.9
Income before income taxes 796.3 1,952.7 1,624.9
Financial Services      
Interest and fees 426.2 443.8 462.6
Operating lease, rental and other revenues 760.5 728.5 741.6
Revenues 1,186.7 1,172.3 1,204.2
Interest and other borrowing expenses 127.2 118.0 133.7
Depreciation and other expenses 635.2 583.7 588.5
Selling, general and administrative 99.4 95.6 96.2
Provision for losses on receivables 18.4 12.4 15.4
Costs and Expenses, Total 880.2 809.7 833.8
Income before income taxes $ 306.5 $ 362.6 $ 370.4