Consolidated Statements of Financial Position - USD ($) $ in Millions	Mar. 31, 2025	Dec. 31, 2024
Assets:
Cash and cash equivalents	$ 663	$ 599
Total finance receivables, net	29,400	28,964
Notes receivable from Caterpillar	592	559
Equipment on operating leases, net	2,689	2,780
Other assets	1,079	1,182
Total assets	34,423	34,084
Liabilities and shareholder’s equity:
Payable to dealers and others	159	137
Payable to Caterpillar - borrowings and other	152	128
Accrued expenses	428	489
Short-term borrowings	3,454	4,393
Current maturities of long-term debt	9,286	6,619
Long-term debt	17,201	18,787
Other liabilities	647	641
Total liabilities	31,327	31,194
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	3,430	3,300
Accumulated other comprehensive income (loss)	(1,156)	(1,232)
Noncontrolling interests	75	75
Total shareholder’s equity	3,096	2,890
Total liabilities and shareholder’s equity	$ 34,423	$ 34,084