Quarterly Results (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2017

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results (Unaudited)

	QUARTER
	FIRST		SECOND		THIRD		FOURTH
	(millions except per share data)
2017
Truck, Parts and Other:
Net sales and revenues	$	3,935.7	$	4,397.9	$	4,731.5	$	5,122.4
Cost of sales and revenues		3,382.2		3,755.2		4,046.8		4,409.5
Research and development		61.0		66.1		67.0		70.6
Financial Services:
Revenues		302.2		306.3		328.2		332.2
Interest and other borrowing expenses		34.1		37.4		38.3		39.8
Depreciation and other expenses		179.7		172.8		186.2		188.8
Net Income		310.3		373.0		402.7		589.2
Adjusted Net Income *								415.8
Net Income Per Share: **
Basic	$	.88	$	1.06	$	1.14	$	1.67
Diluted		.88		1.06		1.14		1.67
Adjusted Diluted *								1.18

2016
Truck, Parts and Other:
Net sales and revenues	$	4,010.6		$	4,115.8		$	3,953.2	$	3,767.0
Cost of sales and revenues		3,413.6			3,489.4			3,371.5		3,243.2
Research and development		59.6			60.8			59.2		67.6
European Commission charge		942.6			(109.6	)
Financial Services:
Revenues		289.4			297.4			296.2		303.7
Interest and other borrowing expenses		30.3			32.6			32.2		32.1
Depreciation and other expenses		150.9			156.4			162.6		165.3
Net (Loss) Income		(594.6	)		481.3			346.2		288.8
Adjusted Net Income *		348.0			371.7
Net (Loss) Income Per Share:
Basic	$	(1.69	)	$	1.37		$	.99	$	.82
Diluted		(1.69	)		1.37			.98		.82
Adjusted Diluted *		.99			1.06

* See Reconciliation of GAAP to Non-GAAP Financial Measures for 2017 and 2016 on page 33.

** The sum of quarterly per share amounts may not equal per share amounts reported for year-to-date periods. This is due to changes in the number of weighted shares outstanding and the effects of rounding for each period.