OTHER ASSETS

The components of other assets as of December 31, were as follows:



(Millions of dollars)
	2018		2017
Customer and other miscellaneous receivables	$	480	$	457
Collateral held for resale, at net realizable value	316		432
Deferred and refundable income taxes	191		174
Property and equipment, net	128		62
Other ⁽¹⁾	153		74
Total other assets	$	1,268	$	1,199

⁽¹⁾ Includes $33 million and $31 million of other receivables from Caterpillar as of December 31, 2018 and 2017, respectively.