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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Property, plant and equipment, net $ 3,398.1 $ 3,270.4
Total Assets 29,301.7 28,260.0
STOCKHOLDERS' EQUITY:    
Preferred stock, no par value - authorized 1.0 million shares, none issued
Common stock, $1 par value - authorized 1.2 billion shares; issued 347.3 million and 346.6 million shares 347.3 346.6
Additional paid-in capital 142.0 88.5
Retained earnings 11,869.2 11,005.2
Accumulated other comprehensive loss (921.1) (1,050.3)
Total Stockholders’ Equity 11,437.4 10,390.0
Liabilities and Equity, Total 29,301.7 28,260.0
Truck, Parts and Other    
ASSETS    
Cash and cash equivalents 3,253.6 3,405.0
Trade and other receivables, net (allowance for losses: 2021 - $.6, 2020 - $.6) 1,575.1 1,197.5
Marketable securities 1,559.4 1,429.0
Inventories, net 1,768.3 1,221.9
Other current assets 732.9 515.6
Total Truck, Parts and Other Current Assets 8,889.3 7,769.0
Equipment on operating leases, net 302.4 421.9
Property, plant and equipment, net 3,398.1 3,270.4
Other noncurrent assets, net 1,293.0 998.9
Total Assets 13,882.8 12,460.2
Liabilities    
Accounts payable, accrued expenses and other 3,930.9 3,413.9
Dividend payable 521.1 242.6
Total Truck, Parts and Other Current Liabilities 4,452.0 3,656.5
Residual value guarantees and deferred revenues 329.1 457.4
Other liabilities 1,436.5 1,487.2
Total Liabilities 6,217.6 5,601.1
Financial Services    
ASSETS    
Cash and cash equivalents 174.7 134.6
Finance and other receivables, net (allowance for losses: 2020 - $127.0, 2019 - $112.4) 11,920.8 11,820.7
Equipment on operating leases, net 2,886.5 3,162.8
Other assets 436.9 681.7
Total Assets 15,418.9 15,799.8
Liabilities    
Accounts payable, accrued expenses and other 624.5 561.0
Commercial paper and bank loans 3,303.0 3,344.4
Term notes 7,128.8 7,508.9
Deferred taxes and other liabilities 590.4 854.6
Total Liabilities $ 11,646.7 $ 12,268.9