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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Total Assets $ 34,826.4 $ 33,275.5
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 522.6 and 522.0 million shares 522.6 522.0
Additional paid-in capital 230.3 196.1
Treasury stock, at cost - .04 million and nil shares (3.0)  
Retained earnings 14,005.3 13,402.4
Accumulated other comprehensive loss (873.2) (953.4)
Total Stockholders' Equity 13,882.0 13,167.1
Liabilities and Equity, Total 34,826.4 33,275.5
Truck, Parts and Other    
ASSETS    
Cash and cash equivalents 4,283.3 4,544.7
Trade and other receivables, net (allowance for losses: 2023 - $.7, 2022 - $.6) 2,347.0 1,919.8
Marketable securities 1,638.9 1,614.2
Inventories, net 2,609.2 2,198.8
Other current assets 771.2 682.0
Total Truck, Parts and Other Current Assets 11,649.6 10,959.5
Equipment on operating leases, net 176.1 190.8
Property, plant and equipment, net 3,511.6 3,468.4
Other noncurrent assets, net 1,579.3 1,477.2
Total Assets 16,916.6 16,095.9
Liabilities    
Accounts payable, accrued expenses and other 5,438.5 4,511.7
Dividend payable   974.6
Total Truck, Parts and Other Current Liabilities 5,438.5 5,486.3
Residual value guarantees and deferred revenues 193.5 209.2
Other liabilities 1,882.2 1,490.1
Total Liabilities 7,514.2 7,185.6
Financial Services    
ASSETS    
Cash and cash equivalents 126.8 146.2
Finance and other receivables, net (allowance for losses: 2022 -$119.6, 2021 - $116.9) 14,541.7 13,791.9
Equipment on operating leases, net 2,527.1 2,612.5
Other assets 714.2 629.0
Total Assets 17,909.8 17,179.6
Liabilities    
Accounts payable, accrued expenses and other 868.9 826.8
Commercial paper and bank loans 3,858.8 3,604.9
Term notes 8,057.0 7,866.7
Deferred taxes and other liabilities 645.5 624.4
Total Liabilities $ 13,430.2 $ 12,922.8