Segment Information (Tables)

9 Months Ended

Sep. 30, 2017

Supplemental segment data and reconciliations to consolidated external reporting for the three months ended September 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 September 30, 2017			Capital expenditures
North America	$	338		$	90		$	77		$	130	$	11		$	14,703		$	187
Europe	68			20			9			19		2			4,084			25
Asia/Pacific	68			25			22			5		1			3,924			2
Latin America and CPF	101			2			41			10		20			6,371			6
Mining	71			12			12			36		4			2,372			88
Total Segments	646			149			161			200		38			31,454			308
Unallocated	35			(47		)	50			—		—			2,718			—
Timing	(8		)	(13		)	—			1		10			16			—
Methodology	—			37			(42		)	—		—			(225		)	—
Inter-segment Eliminations ⁽¹⁾	—			—			—			—		—			(280		)	—
Total	$	673		$	126		$	169		$	201	$	48		$	33,683		$	308

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	$	310		$	79		$	70		$	123	$	10		$	14,925		$	281
Europe	68			21			8			21		1			3,834			44
Asia/Pacific	65			20			21			8		1			3,620			4
Latin America and CPF	122			31			36			15		17			7,270			11
Mining	73			14			11			45		(3		)	2,734			19
Total Segments	638			165			146			212		26			32,383			359
Unallocated	21			(35		)	32			—		—			1,688			(3		)
Timing	(8		)	(7		)	—			1		3			27			—
Methodology	—			23			(27		)	—		—			(220		)	—
Inter-segment Eliminations ⁽¹⁾	—			—			—			—		—			(263		)	—
Total	$	651		$	146		$	151		$	213	$	29		$	33,615		$	356

⁽¹⁾ Eliminations are 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) 2017	External Revenues			Profit before income taxes			Interest Expense			Depreciation on equipment leased to others		Provision for credit losses			Assets at September 30, 2017			Capital expenditures
North America	$	989		$	262		$	224		$	388	$	25		$	14,703		$	722
Europe	200			62			27			60		—			4,084			71
Asia/Pacific	197			73			64			19		(5		)	3,924			5
Latin America and CPF	335			48			124			33		56			6,371			48
Mining	213			57			37			107		(5		)	2,372			168
Total Segments	1,934			502			476			607		71			31,454			1,014
Unallocated	100			(128		)	139			—		—			2,718			4
Timing	(23		)	(20		)	—			1		11			16			—
Methodology	—			103			(116		)	—		—			(225		)	—
Inter-segment Eliminations ⁽¹⁾	—			—			—			—		—			(280		)	—
Total	$	2,011		$	457		$	499		$	608	$	82		$	33,683		$	1,018

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	$	927		$	255		$	216		$	350	$	23		$	14,925		$	933
Europe	202			63			25			62		3			3,834			120
Asia/Pacific	190			56			62			21		6			3,620			73
Latin America and CPF	367			76			118			47		59			7,270			35
Mining	232			35			35			145		3			2,734			105
Total Segments	1,918			485			456			625		94			32,383			1,266
Unallocated	60			(99		)	81			—		1			1,688			—
Timing	(25		)	(13		)	—			2		1			27			(1		)
Methodology	—			66			(79		)	—		—			(220		)	—
Inter-segment Eliminations ⁽¹⁾	—			—			—			—		—			(263		)	—
Total	$	1,953		$	439		$	458		$	627	$	96		$	33,615		$	1,265

⁽¹⁾ Eliminations are primarily related to intercompany loans.