Basis of Presentation (Tables)

9 Months Ended

Sep. 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				Nine Months Ended
	September 30				September 30
	2018		2017		2018		2017
Additional shares		811,800		1,035,000		868,800		1,021,000
Antidilutive options		1,174,200		599,400		1,177,600		695,900

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 September 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	$	5,298.1	$	118.8	$	5,416.9
Cost of sales and revenues		4,547.7		105.9		4,653.6
Truck, Parts and Other Income Before Income Taxes		560.7		12.9		573.6

Total Income Before Income Taxes		655.9		12.9		668.8

Income taxes		120.3		3.2		123.5

Net income		535.6		9.7		545.3
Comprehensive Income		534.5		9.5		544.0

Nine Months Ended September 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	$	16,065.4	$	140.5	$	16,205.9
Cost of sales and revenues		13,716.0		120.4		13,836.4
Truck, Parts and Other Income Before Income Taxes		1,778.0		20.1		1,798.1

Total Income Before Income Taxes		2,037.7		20.1		2,057.8

Income taxes		435.8		5.0		440.8

Net income		1,601.9		15.1		1,617.0
Comprehensive Income		1,501.4		14.2		1,515.6

At September 30, 2018	PRO FORMA UNDER PRIOR STANDARD		EFFECTS OF NEW STANDARD			CURRENTLY REPORTED
Consolidated Balance Sheets
TRUCK, PARTS AND OTHER:
Other current assets	$	264.8	$	112.0		$	376.8
Equipment on operating leases, net		1,619.3		(840.7	)		778.6
Other noncurrent assets, net		536.9		186.6			723.5
Accounts payable, accrued expenses and other		3,119.1		115.0			3,234.1
Residual value guarantees and deferred revenues		1,725.0		(892.6	)		832.4
Other liabilities		849.1		204.2			1,053.3

STOCKHOLDERS' EQUITY:
Total stockholders' equity		9,139.7		31.3			9,171.0

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 leases, 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 revenues		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 September 30, 2017	PREVIOUSLY REPORTED		EFFECTS OF NEW STANDARD			CURRENTLY REPORTED
Consolidated Statements of Comprehensive Income
TRUCK, PARTS AND OTHER:
Cost of sales and revenues	$	4,046.8	$	8.8		$	4,055.6
Selling, general and administrative		112.9		3.6			116.5
Interest and other (income), net		3.2		(13.0	)		(9.8	)
Truck, Parts and Other Income Before Income Taxes		501.6		.6			502.2

FINANCIAL SERVICES:
Selling, general and administrative		27.8		.6			28.4
Financial Services Income Before Income Taxes		71.2		(.6	)		70.6

Nine Months Ended September 30, 2017	PREVIOUSLY REPORTED		EFFECTS OF NEW STANDARD			CURRENTLY REPORTED
Consolidated Statements of Comprehensive Income
TRUCK, PARTS AND OTHER:
Cost of sales and revenues	$	11,184.2	$	26.3		$	11,210.5
Selling, general and administrative		332.0		10.8			342.8
Interest and other (income), net		3.1		(38.8	)		(35.7	)
Truck, Parts and Other Income Before Income Taxes		1,351.7		1.7			1,353.4

FINANCIAL SERVICES:
Selling, general and administrative		79.3		1.7			81.0
Financial Services Income Before Income Taxes		191.5		(1.7	)		189.8

Other Standards