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Transactions with Related Parties (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Related Party Transaction      
Dividend paid to Caterpillar $ 425 $ 275 $ 850
Maximum borrowing capacity from Caterpillar, Variable lending agreements 2,440    
Maximum lending capacity to Caterpillar, Variable lending agreements 2,140    
Payable to dealers and others 157 163  
Other receivables from Caterpillar 332 419  
Interest 1,033 566 455
Revenue earned on purchased receivables 617 417 301
Financing Receivable, before Allowance for Credit Loss 28,077 26,787  
Revenues 3,248 2,734 2,562
Depreciation on equipment leased to others 713 718 755
General, operating and administrative 588 531 528
Caterpillar      
Related Party Transaction      
Dividend paid to Caterpillar 425 275 850
Maximum borrowing capacity from Caterpillar, Variable lending agreements 2,440    
Maximum lending capacity to Caterpillar, Variable lending agreements 2,140    
Notes Payable 24 23 22
Payable to dealers and others 113 101 73
Notes receivable from Caterpillar 527 482 389
Other receivables from Caterpillar 39 133 70
Interest 1 1 0
Interest income on Notes Receivable with Caterpillar(1) 21 17 14
Purchases of receivables from Caterpillar 53,382 47,158 40,140
Revenue earned on purchased receivables 617 417 301
Marketing program payments received 332 339 351
Total portfolio, which includes Finance receivables, net and Equipment on operating lease, net 155 143  
Revenues 27 24 25
Depreciation on equipment leased to others 18 17 17
Amount of our portfolio that is subject to guarantees by Caterpillar 376 448  
General, operating and administrative 50 52 52
Administrative support services to certain Caterpillar subsidiaries reimbursed by Caterpillar 15 13 12
Caterpillar Purchased Receivables      
Related Party Transaction      
Financing Receivable, before Allowance for Credit Loss $ 3,949 $ 4,297 $ 4,462