XML 20 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues $ 23,495.7 $ 19,456.4 $ 17,033.3
Provision for losses on receivables 16.5 22.3 18.4
Investment income 60.9 35.3 27.6
Income before income taxes 2,810.2 2,173.3 1,130.4
Income taxes 615.1 498.1 608.7
Net Income $ 2,195.1 $ 1,675.2 $ 521.7
Net Income Per Share      
Basic $ 6.25 $ 4.76 $ 1.49
Diluted $ 6.24 $ 4.75 $ 1.48
Weighted Average Number of Common Shares Outstanding      
Basic 351.0 351.9 351.1
Diluted 351.8 352.9 351.8
Truck, Parts and Other      
Net sales and revenues $ 22,138.6 $ 18,187.5 $ 15,846.6
Cost of sales and revenues 18,925.0 15,628.9 13,533.6
Research and development 306.1 264.7 247.2
Selling, general and administrative 524.9 464.0 442.6
European Commission charge 0.0 0.0 833.0
Interest and other (income), net (60.8) (46.4) (6.9)
Costs and Expenses, Total 19,695.2 16,311.2 15,049.5
Income before income taxes 2,443.4 1,876.3 797.1
Financial Services      
Interest and fees 497.7 431.1 426.2
Operating lease, rental and other revenues 859.4 837.8 760.5
Revenues 1,357.1 1,268.9 1,186.7
Interest and other borrowing expenses 186.9 149.6 127.2
Depreciation and other expenses 728.0 727.5 635.2
Selling, general and administrative 119.8 107.8 100.2
Provision for losses on receivables 16.5 22.3 18.4
Costs and Expenses, Total 1,051.2 1,007.2 881.0
Income before income taxes $ 305.9 $ 261.7 $ 305.7