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Consolidated Statements of Profit - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Retail finance $ 335 $ 317
Operating lease 258 244
Wholesale finance 119 91
Other, net 24 38
Total revenues 736 690
Expenses:    
Interest 201 174
Depreciation on equipment leased to others 202 199
General, operating and administrative 124 110
Provision for credit losses 53 67
Other 10 9
Total expenses 590 559
Other income (expense) (4) (7)
Profit before income taxes 142 124
Provision for income taxes 38 29
Profit of consolidated companies 104 95
Less: Profit attributable to noncontrolling interests 6 4
Profit [1] $ 98 $ 91
[1] Profit attributable to Caterpillar Financial Services Corporation.