Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
OPERATING ACTIVITIES:
Net Income	$ 1,852.1	$ 1,298.4	$ 2,387.9
Adjustments to reconcile net income to cash provided by operations:
Depreciation and amortization, Property, plant and equipment	270.0	249.6	322.2
Depreciation and amortization, Equipment on operating leases and other	633.3	799.4	755.1
Provision for losses on financial services receivables	0.5	28.8	15.4
Deferred taxes	(212.9)	(0.5)	70.8
Other, net	20.3	20.4	26.6
Pension contributions	(25.1)	(184.9)	(35.7)
(Increase) decrease in assets other than cash and cash equivalents:
Trade and other receivables	(412.9)	121.8	(72.3)
Wholesale receivables on new trucks	90.8	871.2	(520.2)
Inventories	(610.3)	(48.2)	24.6
Other assets, net	(129.8)	(133.8)	(365.4)
Increase (decrease) in liabilities:
Accounts payable and accrued expenses	693.4	(53.6)	(27.6)
Residual value guarantees and deferred revenues	(82.4)	(127.8)	(179.7)
Other liabilities, net	99.7	146.4	458.6
Net Cash Provided by Operating Activities	2,186.7	2,987.2	2,860.3
INVESTING ACTIVITIES:
Originations of retail loans and finance leases	(4,570.6)	(3,917.3)	(4,081.8)
Collections on retail loans and finance leases	4,113.3	3,252.0	3,388.8
Net decrease (increase) in wholesale receivables on used equipment	12.2	53.3	(47.7)
Purchases of marketable debt securities	(903.1)	(842.4)	(850.6)
Proceeds from sales and maturities of marketable debt securities	727.0	597.8	715.5
Payments for property, plant and equipment	(559.1)	(550.4)	(574.0)
Acquisitions of equipment for operating leases	(1,073.7)	(1,088.0)	(1,396.8)
Proceeds from asset disposals	904.1	601.9	638.1
Other, net	(12.8)	17.3	1.1
Net Cash Used in Investing Activities	(1,362.7)	(1,875.8)	(2,207.4)
FINANCING ACTIVITIES:
Payments of cash dividends	(708.0)	(1,239.8)	(1,138.6)
Purchases of treasury stock	(1.5)	(42.1)	(110.2)
Proceeds from stock compensation transactions	37.5	53.7	60.8
Net increase (decrease) in commercial paper, short-term bank loans and other	24.7	(831.9)	557.1
Proceeds from term debt	2,101.1	2,150.1	2,504.3
Payments on term debt	(2,336.7)	(1,898.5)	(1,790.0)
Net Cash (Used in) Provided by Financing Activities	(882.9)	(1,808.5)	83.4
Effect of exchange rate changes on cash	(52.4)	61.6	2.9
Net (Decrease) Increase in Cash and Cash Equivalents	(111.3)	(635.5)	739.2
Cash and cash equivalents at beginning of year	3,539.6	4,175.1	3,435.9
Cash and cash equivalents at end of year	$ 3,428.3	$ 3,539.6	$ 4,175.1