Consolidated Statements of Financial Position - USD ($) $ in Millions	Jun. 30, 2025	Dec. 31, 2024
Assets:
Cash and cash equivalents	$ 820	$ 599
Total finance receivables, net	30,606	28,964
Notes receivable from Caterpillar	595	559
Equipment on operating leases, net	2,781	2,780
Other assets	1,281	1,182
Total assets	36,083	34,084
Liabilities and shareholder’s equity:
Payable to dealers and others	148	137
Payable to Caterpillar - borrowings and other	1,130	128
Accrued expenses	618	489
Short-term borrowings	4,485	4,393
Current maturities of long-term debt	8,285	6,619
Long-term debt	17,294	18,787
Other liabilities	674	641
Total liabilities	32,634	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	3,567	3,300
Accumulated other comprehensive income (loss)	(941)	(1,232)
Noncontrolling interests	76	75
Total shareholder’s equity	3,449	2,890
Total liabilities and shareholder’s equity	$ 36,083	$ 34,084