Segment Information (Tables)

3 Months Ended

6 Months Ended

Jun. 30, 2024

Supplemental segment data and reconciliations to consolidated external reporting for the three months ended June 30 were as follows:


(Millions of dollars) 2024	External revenues		Profit before income taxes		Interest expense		Depreciation on equipment leased to others		Provision for credit losses		Assets at June 30, 2024		Capital expenditures
North America	$	493	$	148	$	152	$	128	$	15	$	17,309	$	250
EAME	93		22		36		13		(4)		4,755		11
Asia/Pacific	68		25		22		1		(1)		3,385		2
Latin America	84		23		38		4		5		2,437		4
Mining	93		18		25		34		5		2,995		50
Power	15		19		8		—		(14)		700		—
Total Segments	846		255		281		180		6		31,581		317
Unallocated	22		(142)		119		—		—		2,075		3
Timing	(3)		1		—		—		—		20		—
Methodology	—		78		(85)		—		—		105		—
Divestiture	—		(210)		—		—		—		—		—
Inter-segment Eliminations (1)	—		—		—		—		—		(275)		—
Total	$	865	$	(18)	$	315	$	180	$	6	$	33,506	$	320

2023	External revenues		Profit before income taxes		Interest expense		Depreciation on equipment leased to others		Provision for credit losses		Assets at December 31, 2023		Capital expenditures
North America	$	436	$	154	$	108	$	127	$	2	$	16,303	$	293
EAME	88		18		25		15		2		5,117		12
Asia/Pacific	73		33		23		1		(3)		3,435		1
Latin America	87		47		44		3		(21)		2,583		7
Mining	79		25		18		30		(6)		3,059		96
Power	14		(1)		6		—		5		662		—
Total Segments	777		276		224		176		(21)		31,159		409
Unallocated	20		(131)		95		—		—		2,054		1
Timing	(4)		—		—		—		—		20		—
Methodology	—		60		(74)		—		—		145		—
Inter-segment Eliminations (1)	—		—		—		—		—		(266)		—
Total	$	793	$	205	$	245	$	176	$	(21)	$	33,112	$	410

(1) Eliminations are primarily related to intercompany loans.

Supplemental segment data and reconciliations to consolidated external reporting for the six months ended June 30 were as follows:


(Millions of dollars) 2024	External revenues		Profit before income taxes		Interest expense		Depreciation on equipment leased to others		Provision for credit losses		Assets at June 30, 2024		Capital expenditures
North America	$	978	$	292	$	295	$	257	$	34	$	17,309	$	411
EAME	185		52		69		27		(12)		4,755		19
Asia/Pacific	134		46		48		2		(2)		3,385		4
Latin America	169		52		78		7		3		2,437		12
Mining	185		44		49		67		5		2,995		99
Power	30		24		15		1		(15)		700		—
Total Segments	1,681		510		554		361		13		31,581		545
Unallocated	44		(246)		232		—		—		2,075		8
Timing	(7)		1		—		—		—		20		—
Methodology	—		156		(173)		—		—		105		—
Divestiture	—		(210)		—		—		—		—		—
Inter-segment Eliminations (1)	—		—		—		—		—		(275)		—
Total	$	1,718	$	211	$	613	$	361	$	13	$	33,506	$	553

2023	External revenues		Profit before income taxes		Interest expense		Depreciation on equipment leased to others		Provision for credit losses		Assets at December 31, 2023		Capital expenditures
North America	$	854	$	303	$	203	$	250	$	7	$	16,303	$	515
EAME	172		44		46		29		2		5,117		36
Asia/Pacific	143		67		46		2		(4)		3,435		2
Latin America	169		66		84		6		(15)		2,583		10
Mining	167		59		33		62		(7)		3,059		119
Power	28		4		12		1		5		662		—
Total Segments	1,533		543		424		350		(12)		31,159		682
Unallocated	35		(241)		171		—		—		2,054		6
Timing	(7)		—		—		—		—		20		—
Methodology	—		107		(133)		—		—		145		—
Inter-segment Eliminations (1)	—		—		—		—		—		(266)		—
Total	$	1,561	$	409	$	462	$	350	$	(12)	$	33,112	$	688

(1) Elimination is primarily related to intercompany loans