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Equipment on Operating Leases
 12 Months Ended
Dec. 31, 2016
Leases [Abstract]  
Equipment on Operating Leases
EQUIPMENT ON OPERATING LEASES
 
Components of equipment on operating leases, less accumulated depreciation as of December 31, were as follows: 
(Millions of dollars)
 
 
 
 
 
 
2016
 
2015
Equipment on operating leases, at cost
 
$
5,395

 
$
5,202

Less: Accumulated depreciation
 
(1,687
)
 
(1,638
)
Equipment on operating leases, net
 
$
3,708

 
$
3,564

 
 
 
 
 

 
At December 31, 2016, scheduled minimum rental payments for operating leases were as follows: 
2017
 
2018
 
2019
 
2020
 
2021
 
Thereafter
 
Total
$
818

 
$
538

 
$
299

 
$
130

 
$
38

 
$
12

 
$
1,835