Segment Information (Tables)

6 Months Ended

Jun. 30, 2017

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



(Millions of dollars) 2017	External Revenues			Profit before income taxes			Interest Expense			Depreciation on equipment leased to others		Provision for credit losses			Assets at June 30, 2017			Capital expenditures
North America	$	331		$	90		$	74		$	129	$	7		$	14,933		$	353
Europe	67			22			9			21		(3		)	3,996			28
Asia/Pacific	66			22			22			7		(2		)	3,941			1
Latin America and CPF	113			11			41			11		27			6,677			9
Mining	72			30			13			34		(9		)	2,494			45
Total Segments	649			175			159			202		20			32,041			436
Unallocated	34			(44		)	47			—		—			3,252			3
Timing	(7		)	(1		)	—			—		(2		)	26			—
Methodology	—			34			(38		)	—		—			(253		)	—
Inter-segment Eliminations ⁽¹⁾	—			—			—			—		—			(228		)	—
Total	$	676		$	164		$	168		$	202	$	18		$	34,838		$	439

2016	External Revenues			Profit before income taxes			Interest Expense			Depreciation on equipment leased to others		Provision for credit losses			Assets at December 31, 2016			Capital expenditures
North America	$	317		$	94		$	73		$	118	$	4		$	14,925		$	480
Europe	68			22			9			21		—			3,834			38
Asia/Pacific	64			15			21			7		6			3,620			59
Latin America and CPF	120			18			40			15		25			7,270			7
Mining	78			11			11			49		2			2,734			28
Total Segments	647			160			154			210		37			32,383			612
Unallocated	21			(32		)	25			—		1			1,688			2
Timing	(9		)	(2		)	—			1		—			27			(2		)
Methodology	—			22			(27		)	—		—			(220		)	—
Inter-segment Eliminations ⁽¹⁾	—			—			—			—		—			(263		)	—
Total	$	659		$	148		$	152		$	211	$	38		$	33,615		$	612

⁽¹⁾ Elimination is primarily related to intercompany loans.

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



(Millions of dollars) 2017	External Revenues			Profit before income taxes			Interest Expense			Depreciation on equipment leased to others		Provision for credit losses			Assets at June 30, 2017			Capital expenditures
North America	$	651		$	172		$	147		$	258	$	14		$	14,933		$	535
Europe	132			42			18			41		(2		)	3,996			46
Asia/Pacific	129			48			42			14		(6		)	3,941			3
Latin America and CPF	234			46			83			23		36			6,677			42
Mining	142			45			25			71		(9		)	2,494			80
Total Segments	1,288			353			315			407		33			32,041			706
Unallocated	65			(81		)	89			—		—			3,252			4
Timing	(15		)	(7		)	—			—		1			26			—
Methodology	—			66			(74		)	—		—			(253		)	—
Inter-segment Eliminations ⁽¹⁾	—			—			—			—		—			(228		)	—
Total	$	1,338		$	331		$	330		$	407	$	34		$	34,838		$	710

2016	External Revenues			Profit before income taxes			Interest Expense			Depreciation on equipment leased to others		Provision for credit losses			Assets at December 31, 2016			Capital expenditures
North America	$	617		$	176		$	146		$	227	$	13		$	14,925		$	652
Europe	134			42			17			41		2			3,834			76
Asia/Pacific	125			36			41			13		5			3,620			69
Latin America and CPF	245			45			82			32		42			7,270			24
Mining	159			21			24			100		6			2,734			86
Total Segments	1,280			320			310			413		68			32,383			907
Unallocated	39			(64		)	49			—		1			1,688			3
Timing	(17		)	(6		)	—			1		(2		)	27			(1		)
Methodology	—			43			(52		)	—		—			(220		)	—
Inter-segment Eliminations ⁽¹⁾	—			—			—			—		—			(263		)	—
Total	$	1,302		$	293		$	307		$	414	$	67		$	33,615		$	909

⁽¹⁾ Elimination is primarily related to intercompany loans.