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CONSOLIDATED STATEMENTS OF PROFIT UNAUDITED (USD $)
In Millions
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues:        
Retail finance $ 326 $ 328 $ 640 $ 673
Operating lease 221 223 440 448
Wholesale finance 79 46 144 86
Other, net 49 51 91 72
Total revenues 675 648 1,315 1,279
Expenses:        
Interest 209 234 413 468
Depreciation on equipment leased to others 176 173 347 349
General, operating and administrative 103 85 193 170
Provision for credit losses 31 51 86 105
Other 8 13 14 24
Total expenses 527 556 1,053 1,116
Other income (expense) 4 3 5 3
Profit before income taxes 152 95 267 166
Provision for income taxes 40 10 69 26
Profit of consolidated companies 112 85 198 140
Less: Profit attributable to noncontrolling interests 5 3 8 5
Profit $ 107 [1] $ 82 [1] $ 190 [1] $ 135 [1]
[1] Profit attributable to Caterpillar Financial Services Corporation.