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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Property, plant and equipment, net $ 3,468.4 $ 3,398.1
Total Assets 33,275.5 29,509.4
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 522.0 million and 347.3 million shares 522.0 347.3
Additional paid-in capital 196.1 142.0
Retained earnings 13,402.4 12,025.8
Accumulated other comprehensive loss (953.4) (921.1)
Total Stockholders’ Equity 13,167.1 11,594.0
Liabilities and Equity, Total 33,275.5 29,509.4
Truck, Parts and Other    
ASSETS    
Cash and cash equivalents 4,544.7 3,253.6
Trade and other receivables, net (allowance for losses: 2022 - $.6, 2021 - $.6) 1,919.8 1,575.1
Marketable securities 1,614.2 1,559.4
Inventories, net 2,198.8 1,976.0
Other current assets 682.0 732.9
Total Truck, Parts and Other Current Assets 10,959.5 9,097.0
Equipment on operating leases, net 190.8 302.4
Property, plant and equipment, net 3,468.4 3,398.1
Other noncurrent assets, net 1,477.2 1,293.0
Total Assets 16,095.9 14,090.5
Liabilities    
Accounts payable, accrued expenses and other 4,511.7 3,930.9
Dividend payable 974.6 521.1
Total Truck, Parts and Other Current Liabilities 5,486.3 4,452.0
Residual value guarantees and deferred revenues 209.2 329.1
Other liabilities 1,490.1 1,487.6
Accounts payable, accrued expenses and other 4,511.7  
Total Liabilities 7,185.6 6,268.7
STOCKHOLDERS' EQUITY:    
Retained earnings 13,402.4 12,025.8
Financial Services    
ASSETS    
Cash and cash equivalents 146.2 174.7
Finance and other receivables, net (allowance for losses: 2022 - $121.1, 2021 - $116.9) 13,791.9 11,920.8
Equipment on operating leases, net 2,612.5 2,886.5
Other assets 629.0 436.9
Total Assets 17,179.6 15,418.9
Liabilities    
Accounts payable, accrued expenses and other 826.8 624.5
Commercial paper and bank loans 3,604.9 3,303.0
Term notes 7,866.7 7,128.8
Deferred taxes and other liabilities 624.4 590.4
Total Liabilities $ 12,922.8 $ 11,646.7