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Consolidated Statements of Profit - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Retail finance $ 350 $ 328 $ 685 $ 645
Operating lease 257 257 515 501
Wholesale finance 131 105 250 196
Other, net 19 33 43 71
Total revenues 757 723 1,493 1,413
Expenses:        
Interest 200 190 401 364
Depreciation on equipment leased to others 204 209 406 408
General, operating and administrative 126 107 250 217
Provision for credit losses 71 104 124 171
Other 9 8 19 17
Total expenses 610 618 1,200 1,177
Other income (expense) (6) (5) (10) (12)
Profit before income taxes 141 100 283 224
Provision for income taxes 57 24 95 53
Profit of consolidated companies 84 76 188 171
Less: Profit attributable to noncontrolling interests 5 5 11 9
Profit [1] $ 79 $ 71 $ 177 $ 162
[1] Profit attributable to Caterpillar Financial Services Corporation.