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Consolidated Statements of Profit - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Retail finance $ 378 $ 312 $ 1,072 $ 903
Operating lease 232 222 672 671
Wholesale finance 184 117 508 300
Other, net 52 39 155 136
Total revenues 846 690 2,407 2,010
Expenses:        
Interest 280 151 742 377
Depreciation on equipment leased to others 182 179 532 544
General, operating and administrative 153 136 434 397
Provision for credit losses 35 (16) 23 34
Other 7 7 23 20
Total expenses 657 457 1,754 1,372
Other income (expense) (19) (45) (74) (58)
Profit before income taxes 170 188 579 580
Provision for income taxes 72 55 177 157
Profit of consolidated companies 98 133 402 423
Less: Profit attributable to noncontrolling interests 0 2 5 6
Profit attributable to Caterpillar Financial Services Corporation $ 98 $ 131 $ 397 $ 417