Consolidated Statements of Financial Position - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Assets:
Cash and cash equivalents	$ 675	$ 727
Finance receivables, net of allowance for credit losses of $254 and $331	28,274	27,746
Equipment on operating leases, net	2,912	3,014
Total assets	33,506	33,112
Liabilities and shareholder’s equity:
Payable to dealers and others	146	157
Payable to Caterpillar - borrowings and other	109	137
Accrued expenses	447	511
Short-term borrowings	5,298	4,643
Current maturities of long-term debt	8,132	7,719
Long-term debt	15,299	15,893
Other liabilities	904	882
Total liabilities	30,335	29,942
Commitments and contingent liabilities (Note 7)
Common stock - $1 par value Authorized: 2,000 shares; Issued and outstanding: one share (at paid-in amount)	745	745
Additional paid-in capital	2	2
Retained earnings	3,431	3,327
Accumulated other comprehensive income (loss)	(1,082)	(978)
Noncontrolling interests	75	74
Total shareholder’s equity	3,171	3,170
Total liabilities and shareholder’s equity	33,506	33,112
Related Party
Assets:
Other assets	555	527
Nonrelated Party
Assets:
Other assets	$ 1,090	$ 1,098