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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Total Assets $ 28,503.4 $ 28,260.0 [1]
STOCKHOLDERS' EQUITY:    
Preferred stock, no par value - authorized 1.0 million shares, none issued [1]
Common stock, $1 par value - authorized 1.2 billion shares, issued 347.2 and 346.6 million shares 347.2 346.6 [1]
Additional paid-in capital 124.3 88.5 [1]
Treasury stock, at cost - .02 million and nil shares (1.4)  
Retained earnings 11,364.0 11,005.2 [1]
Accumulated other comprehensive loss (1,116.4) (1,050.3) [1]
Total Stockholders' Equity 10,717.7 10,390.0 [1]
Liabilities and Equity, Total 28,503.4 28,260.0 [1]
Truck, Parts and Other    
ASSETS    
Cash and cash equivalents 3,230.0 3,405.0 [1]
Trade and other receivables, net (allowance for losses: 2021 - $.6, 2020 - $.6) 1,649.9 1,197.5 [1]
Marketable debt securities (amortized cost: 2021 - $1,408.4, 2020 - $1,409.7; allowance for credit losses: none) 1,421.1 1,429.0 [1]
Inventories, net 1,465.4 1,221.9 [1]
Other current assets 572.2 515.6 [1]
Total Truck, Parts and Other Current Assets 8,338.6 7,769.0 [1]
Equipment on operating leases, net 372.1 421.9 [1]
Property, plant and equipment, net 3,242.5 3,270.4 [1]
Other noncurrent assets, net 1,016.2 998.9 [1]
Total Assets 12,969.4 12,460.2 [1]
Liabilities    
Accounts payable, accrued expenses and other 3,961.9 3,413.9 [1]
Dividend payable [1]   242.6
Total Truck, Parts and Other Current Liabilities 3,961.9 3,656.5 [1]
Residual value guarantees and deferred revenues 402.9 457.4 [1]
Other liabilities 1,458.6 1,487.2 [1]
Total Liabilities 5,823.4 5,601.1 [1]
Financial Services    
ASSETS    
Cash and cash equivalents 90.0 134.6 [1]
Finance and other receivables, net (allowance for losses: 2021 - $126.8, 2020 - $127.0) 11,739.6 11,820.7 [1]
Equipment on operating leases, net 3,060.0 3,162.8 [1]
Other assets 644.4 681.7 [1]
Total Assets 15,534.0 15,799.8 [1]
Liabilities    
Accounts payable, accrued expenses and other 621.9 561.0 [1]
Commercial paper and bank loans 3,042.9 3,344.4 [1]
Term notes 7,521.8 7,508.9 [1]
Deferred taxes and other liabilities 775.7 854.6 [1]
Total Liabilities $ 11,962.3 $ 12,268.9 [1]
[1] The December 31, 2020 consolidated balance sheet has been derived from audited financial statements.