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Consolidated Statements of Profit - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Retail finance $ 301 $ 303 $ 591 $ 606
Operating lease 224 238 449 482
Wholesale finance 99 82 183 160
Other, net 44 23 97 37
Total revenues 668 646 1,320 1,285
Expenses:        
Interest 120 116 226 241
Depreciation on equipment leased to others 181 187 365 379
General, operating and administrative 130 134 261 255
Provision for credit losses 23 11 50 1
Other 6 8 13 15
Total expenses 460 456 915 891
Other income (expense) (9) (1) (13) (9)
Profit before income taxes 199 189 392 385
Provision for income taxes 53 44 102 97
Profit of consolidated companies 146 145 290 288
Less: Profit attributable to noncontrolling interests 3 3 4 6
Profit attributable to Caterpillar Financial Services Corporation $ 143 $ 142 $ 286 $ 282