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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues $ 23,522.3 $ 18,728.5 $ 25,599.7
Provision for losses on receivables 0.5 28.8 15.4
Investment income 15.5 35.9 82.3
Total Income Before Income Taxes 2,378.6 1,657.9 3,099.2
Income taxes 526.5 359.5 711.3
Net Income $ 1,852.1 $ 1,298.4 $ 2,387.9
Net Income Per Share      
Basic $ 5.33 $ 3.74 $ 6.88
Diluted $ 5.32 $ 3.74 $ 6.87
Weighted Average Number of Common Shares Outstanding      
Basic 347.8 346.8 346.9
Diluted 348.4 347.4 347.5
Truck, Parts and Other      
Revenues $ 21,834.5 $ 17,154.3 $ 24,119.7
Cost of sales and revenues 19,110.1 15,076.4 20,555.6
Research and development 324.1 273.9 326.6
Selling, general and administrative 547.4 459.2 561.5
Interest and other (income), net (72.6) (54.1) (42.0)
Costs and Expenses, Total 19,909.0 15,755.4 21,401.7
Income before income taxes 1,925.5 1,398.9 2,718.0
Financial Services      
Interest and fees 524.4 527.4 583.0
Operating lease, rental and other revenues 1,163.4 1,046.8 897.0
Revenues 1,687.8 1,574.2 1,480.0
Interest and other borrowing expenses 150.9 192.1 230.5
Depreciation and other expenses 969.4 1,008.0 798.2
Selling, general and administrative 129.4 122.2 137.0
Provision for losses on receivables 0.5 28.8 15.4
Costs and Expenses, Total 1,250.2 1,351.1 1,181.1
Income before income taxes $ 437.6 $ 223.1 $ 298.9