Segment Information (Tables)

9 Months Ended

Sep. 30, 2016

Supplemental segment data and reconciliations to consolidated external reporting for the three months ended September 30 was as follows:



(Millions of dollars) 2016	External Revenues			Profit before income taxes			Interest Expense			Depreciation on equipment leased to others		Provision for credit losses			Assets at September 30, 2016			Capital expenditures
North America	$	310		$	79		$	70		$	123	$	10		$	14,709		$	281
Europe	68			21			8			21		1			3,861			44
Asia/Pacific	65			20			21			8		1			3,722			4
Latin America and CPF	122			31			36			15		17			7,065			11
Mining	73			14			11			45		(3		)	2,715			19
Total Segments	638			165			146			212		26			32,072			359
Unallocated	21			(35		)	32			—		—			2,723			(3		)
Timing	(8		)	(7		)	—			1		3			46			—
Methodology	—			23			(27		)	—		—			(217		)	—
Inter-segment Eliminations ⁽¹⁾	—			—			—			—		—			(283		)	—
Total	$	651		$	146		$	151		$	213	$	29		$	34,341		$	356

2015	External Revenues			Profit before income taxes			Interest Expense			Depreciation on equipment leased to others		Provision for credit losses			Assets at December 31, 2015			Capital expenditures
North America	$	291		$	99		$	66		$	102	$	(4	)	$	14,419		$	292
Europe	69			28			7			18		—			3,758			31
Asia/Pacific	66			17			22			5		2			3,923			2
Latin America and CPF	127			21			37			25		18			7,376			31
Mining	92			4			13			57		7			2,947			—
Total Segments	645			169			145			207		23			32,423			356
Unallocated	16			(27		)	17			—		—			1,743			—
Timing	(8		)	(3		)	—			—		(1		)	164			1
Methodology	—			14			(18		)	—		—			(216		)	—
Inter-segment Eliminations ⁽¹⁾	—			—			—			—		—			(247		)	—
Total	$	653		$	153		$	144		$	207	$	22		$	33,867		$	357

⁽¹⁾ Elimination is primarily related to intercompany loans.

Supplemental segment data and reconciliations to consolidated external reporting for the nine months ended September 30 was as follows:



(Millions of dollars) 2016	External Revenues			Profit before income taxes			Interest Expense			Depreciation on equipment leased to others		Provision for credit losses			Assets at September 30, 2016			Capital expenditures
North America	$	927		$	255		$	216		$	350	$	23		$	14,709		$	933
Europe	202			63			25			62		3			3,861			120
Asia/Pacific	190			56			62			21		6			3,722			73
Latin America and CPF	367			76			118			47		59			7,065			35
Mining	232			35			35			145		3			2,715			105
Total Segments	1,918			485			456			625		94			32,072			1,266
Unallocated	60			(99		)	81			—		1			2,723			—
Timing	(25		)	(13		)	—			2		1			46			(1		)
Methodology	—			66			(79		)	—		—			(217		)	—
Inter-segment Eliminations ⁽¹⁾	—			—			—			—		—			(283		)	—
Total	$	1,953		$	439		$	458		$	627	$	96		$	34,341		$	1,265

2015	External Revenues			Profit before income taxes			Interest Expense			Depreciation on equipment leased to others		Provision for credit losses			Assets at December 31, 2015			Capital expenditures
North America	$	865		$	289		$	193		$	303	$	(2	)	$	14,419		$	746
Europe	216			85			24			57		—			3,758			83
Asia/Pacific	223			52			80			15		22			3,923			19
Latin America and CPF	400			69			113			81		58			7,376			74
Mining	296			46			42			173		9			2,947			69
Total Segments	2,000			541			452			629		87			32,423			991
Unallocated	48			(75		)	48			—		—			1,743			—
Timing	(23		)	(17		)	—			—		2			164			2
Methodology	—			41			(55		)	—		—			(216		)	—
Inter-segment Eliminations ⁽¹⁾	—			—			—			—		—			(247		)	—
Total	$	2,025		$	490		$	445		$	629	$	89		$	33,867		$	993

⁽¹⁾ Elimination is primarily related to intercompany loans.