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Consolidated Statements of Profit - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:      
Retail finance $ 1,369 $ 1,308 $ 1,235
Operating lease 1,037 1,011 985
Wholesale finance 491 415 307
Other, net 69 113 162
Total revenues 2,966 2,847 2,689
Expenses:      
Interest 787 757 667
Depreciation on equipment leased to others 813 819 810
General, operating and administrative 516 423 429
Provision for credit losses 162 354 132
Other 36 38 46
Total expenses 2,314 2,391 2,084
Other income (expense) (24) (23) (15)
Profit before income taxes 628 433 590
Provision (benefit) for income taxes 196 108 (4)
Profit of consolidated companies 432 325 594
Less: Profit attributable to noncontrolling interests 22 20 8
Profit [1] $ 410 $ 305 $ 586
[1] Profit attributable to Caterpillar Financial Services Corporation.