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Consolidated Statements of Profit - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Retail finance $ 428 $ 378 $ 1,248 $ 1,072
Operating lease 235 232 701 672
Wholesale finance 188 184 541 508
Other, net 37 52 116 155
Total revenues 888 846 2,606 2,407
Expenses:        
Interest 336 280 949 742
Depreciation on equipment leased to others 180 182 541 532
General, operating and administrative 160 153 478 434
Provision for credit losses 19 35 32 23
Other 8 7 22 23
Total expenses 703 657 2,022 1,754
Other income (expense) (3) (19) (191) (74)
Profit before income taxes 182 170 393 579
Provision for income taxes 45 72 151 177
Profit of consolidated companies 137 98 242 402
Less: Profit attributable to noncontrolling interests 0 0 1 5
Profit attributable to Caterpillar Financial Services Corporation $ 137 $ 98 $ 241 $ 397