Basis of Presentation (Tables)

6 Months Ended

Jun. 30, 2018

New Accounting Pronouncements Or Change In Accounting Principle [Line Items]

The dilutive and antidilutive options are shown separately in the table below.

	Three Months Ended				Six Months Ended
	June 30				June 30
	2018		2017		2018		2017
Additional shares		779,300		933,300		897,300		1,013,700
Antidilutive options		1,175,100		616,800		1,173,700		649,300

Summary of Reconciles Pro Forma Amounts Reported Under the Prior Standard to Current Reporting

The following reconciles pro forma amounts as they would have been reported under the prior standard to current reporting:

Three Months Ended June 30, 2018	PRO FORMA UNDER PRIOR STANDARD		EFFECTS OF NEW STANDARD		CURRENTLY REPORTED
Consolidated Statements of Comprehensive Income
TRUCK, PARTS AND OTHER:
Net sales and revenues	$	5,453.1	$	14.1	$	5,467.2
Cost of sales and revenues		4,636.0		11.3		4,647.3
Truck, Parts and Other Income Before Income Taxes		629.8		2.8		632.6

Total Income Before Income Taxes		716.8		2.8		719.6

Income taxes		159.3		.7		160.0

Net income		557.5		2.1		559.6
Comprehensive Income		383.4		.8		384.2

Six Months Ended June 30, 2018	PRO FORMA UNDER PRIOR STANDARD		EFFECTS OF NEW STANDARD		CURRENTLY REPORTED
Consolidated Statements of Comprehensive Income
TRUCK, PARTS AND OTHER:
Net sales and revenues	$	10,767.3	$	21.7	$	10,789.0
Cost of sales and revenues		9,168.3		14.5		9,182.8
Truck, Parts and Other Income Before Income Taxes		1,217.3		7.2		1,224.5

Total Income Before Income Taxes		1,381.8		7.2		1,389.0

Income taxes		315.5		1.8		317.3

Net income		1,066.3		5.4		1,071.7
Comprehensive Income		966.9		4.7		971.6

At June 30, 2018	PRO FORMA UNDER PRIOR STANDARD		EFFECTS OF NEW STANDARD			CURRENTLY REPORTED
Consolidated Balance Sheets
TRUCK, PARTS AND OTHER:
Other current assets	$	383.9	$	109.0		$	492.9
Equipment on operating leases, net		1,426.3		(715.3	)		711.0
Other noncurrent assets, net		543.5		129.9			673.4
Accounts payable, accrued expenses and other		2,983.9		112.1			3,096.0
Residual value guarantees and deferred revenue		1,513.8		(755.6	)		758.2
Other liabilities		970.0		145.3			1,115.3

STOCKHOLDERS' EQUITY:
Total stockholders' equity		8,757.6		21.8			8,779.4

ASU 2014-09

New Accounting Pronouncements Or Change In Accounting Principle [Line Items]

Summary of Effect of the Changes Made by the Adoption of ASU

The cumulative effect of the changes made to the Company’s Consolidated Balance Sheet on January 1, 2018 for the adoption of ASU 2014-09 was as follows:

	BALANCE AT DECEMBER 31, 2017		CHANGE DUE TO NEW STANDARD			BALANCE AT JANUARY 1, 2018
Consolidated Balance Sheets
TRUCK, PARTS AND OTHER:
Other current assets	$	404.4	$	100.0		$	504.4
Equipment on operating assets, net		1,265.7		(668.8	)		596.9
Other noncurrent assets, net		425.2		115.0			540.2
Accounts payable, accrued expenses and other		2,569.5		103.1			2,672.6
Residual value guarantees and deferred revenue		1,339.0		(703.8	)		635.2
Other liabilities		939.8		129.8			1,069.6

STOCKHOLDERS' EQUITY:
Retained earnings		8,369.1		17.1			8,386.2

ASU 2017-07

New Accounting Pronouncements Or Change In Accounting Principle [Line Items]

Summary of Effect of the Changes Made by the Adoption of ASU

Three Months Ended June 30, 2017	PREVIOUSLY REPORTED		EFFECTS OF NEW STANDARD			CURRENTLY REPORTED
Consolidated Statements of Comprehensive Income
TRUCK, PARTS AND OTHER:
Cost of sales and revenues	$	3,755.2	$	8.8		$	3,764.0
Selling, general and administrative		107.8		4.0			111.8
Interest and other (income), net		1.5		(13.4	)		(11.9	)
Truck, Parts and Other Income Before Income Taxes		467.3		.6			467.9

FINANCIAL SERVICES:
Selling, general and administrative		26.3		.6			26.9
Financial Services Income Before Income Taxes		63.0		(.6	)		62.4

Six Months Ended June 30, 2017	PREVIOUSLY REPORTED			EFFECTS OF NEW STANDARD			CURRENTLY REPORTED
Consolidated Statements of Comprehensive Income
TRUCK, PARTS AND OTHER:
Cost of sales and revenues	$	7,137.4		$	17.5		$	7,154.9
Selling, general and administrative		219.1			7.2			226.3
Interest and other (income), net		(.1	)		(25.8	)		(25.9	)
Truck, Parts and Other Income Before Income Taxes		850.1			1.1			851.2

FINANCIAL SERVICES:
Selling, general and administrative		51.5			1.1			52.6
Financial Services Income Before Income Taxes		120.3			(1.1	)		119.2

Other Standards