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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues $ 28,819.7 $ 23,522.3 $ 18,728.5
Provision for losses on receivables 5.5 0.5 28.8
Investment income 61.0 15.5 35.9
Total Income Before Income Taxes 3,848.7 2,396.3 1,661.6
Income taxes 837.1 530.8 360.4
Net Income $ 3,011.6 $ 1,865.5 $ 1,301.2
Net Income Per Share      
Basic $ 5.76 $ 3.58 $ 2.50
Diluted $ 5.75 $ 3.57 $ 2.50
Weighted Average Number of Common Shares Outstanding      
Basic 522.6 521.7 520.2
Diluted 523.4 522.7 521.2
Truck, Parts and Other      
Revenues $ 27,314.3 $ 21,834.5 $ 17,154.3
Cost of sales and revenues 23,291.0 19,092.4 15,072.7
Research and development 341.2 324.1 273.9
Selling, general and administrative 592.4 547.4 459.2
Interest and other (income), net (109.1) (72.6) (54.1)
Costs and Expenses, Total 24,115.5 19,891.3 15,751.7
Income before income taxes 3,198.8 1,943.2 1,402.6
Financial Services      
Interest and fees 628.7 524.4 527.4
Operating lease, rental and other revenues 876.7 1,163.4 1,046.8
Revenues 1,505.4 1,687.8 1,574.2
Interest and other borrowing expenses 216.3 150.9 192.1
Depreciation and other expenses 560.8 969.4 1,008.0
Selling, general and administrative 133.9 129.4 122.2
Provision for losses on receivables 5.5 0.5 28.8
Costs and Expenses, Total 916.5 1,250.2 1,351.1
Income before income taxes $ 588.9 $ 437.6 $ 223.1