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Consolidated Statements of Profit - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Retail finance $ 354 $ 301 $ 694 $ 591
Operating lease 222 224 440 449
Wholesale finance 173 99 324 183
Other, net 44 44 103 97
Total revenues 793 668 1,561 1,320
Expenses:        
Interest 245 120 462 226
Depreciation on equipment leased to others 176 181 350 365
General, operating and administrative 148 130 281 261
Provision for credit losses (21) 23 (12) 50
Other 10 6 16 13
Total expenses 558 460 1,097 915
Other income (expense) (30) (9) (55) (13)
Profit before income taxes 205 199 409 392
Provision for income taxes 52 53 105 102
Profit of consolidated companies 153 146 304 290
Less: Profit attributable to noncontrolling interests 3 3 5 4
Profit attributable to Caterpillar Financial Services Corporation $ 150 $ 143 $ 299 $ 286