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Consolidated Statements of Profit - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Retail finance $ 441 $ 404
Operating lease 228 233
Wholesale finance 153 173
Other, net 38 43
Total revenues 860 853
Expenses:    
Interest expense 325 298
Depreciation on equipment leased to others 173 181
General, operating and administrative 151 154
Provision for credit losses 29 7
Other 5 7
Total expenses 683 647
Other income (expense) (3) 23
Profit before income taxes 174 229
Provision for income taxes 44 59
Profit of consolidated companies 130 170
Less: Profit attributable to noncontrolling interests 0 1
Profit attributable to Caterpillar Financial Services Corporation $ 130 $ 169