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Consolidated Statements of Profit - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Retail finance $ 416 $ 354 $ 820 $ 694
Operating lease 233 222 466 440
Wholesale finance 180 173 353 324
Other, net 36 44 79 103
Total revenues 865 793 1,718 1,561
Expenses:        
Interest 315 245 613 462
Depreciation on equipment leased to others 180 176 361 350
General, operating and administrative 164 148 318 281
Provision for credit losses 6 (21) 13 (12)
Other 7 10 14 16
Total expenses 672 558 1,319 1,097
Other income (expense) (211) (30) (188) (55)
Profit (loss) before income taxes (18) 205 211 409
Provision for income taxes 47 52 106 105
Profit (loss) of consolidated companies (65) 153 105 304
Less: Profit (loss) attributable to noncontrolling interests 0 3 1 5
Profit (loss) attributable to Caterpillar Financial Services Corporation $ (65) $ 150 $ 104 $ 299