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Equipment On Operating Leases (Tables)
12 Months Ended
Dec. 31, 2017
Leases Operating [Abstract]  
Equipment on Operating Leases for Truck Parts and Other Segment and for Financial Services Segment

A summary of equipment on operating leases for Truck, Parts and Other and for the Financial Services segment is as follows:

 

 

 

TRUCK, PARTS AND OTHER

 

 

FINANCIAL SERVICES

 

At December 31,

 

 

2017

 

 

 

2016

 

 

 

2017

 

 

 

2016

 

Equipment on operating leases

 

$

1,615.5

 

 

$

1,282.3

 

 

$

4,066.3

 

 

$

3,640.6

 

Less allowance for depreciation

 

 

(349.8

)

 

 

(268.4

)

 

 

(1,190.0

)

 

 

(1,016.7

)

 

 

$

1,265.7

 

 

$

1,013.9

 

 

$

2,876.3

 

 

$

2,623.9

 

 

Residual Value Obligation and Deferred Lease Revenue

These amounts are summarized below:

 

 

 

 

 

 

 

TRUCK, PARTS AND OTHER

 

At December 31,

 

 

 

 

 

 

2017

 

 

 

2016

 

Residual value guarantees

 

 

 

 

 

$

909.8

 

 

$

699.2

 

Deferred lease revenues

 

 

 

 

 

 

429.2

 

 

 

373.4

 

 

 

 

 

 

 

$

1,339.0

 

 

$

1,072.6