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Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Fair values of financial instruments
Fair values of our financial instruments not carried at fair value as of December 31, were as follows:
(Millions of dollars)20252024
 Carrying 
Amount		Fair 
Value		Carrying 
Amount		Fair
 Value		Fair
Value
Levels		Reference
Assets
Finance receivables, net (excluding finance leases(1))
$25,346 $25,012 $22,026 $21,593 3Note 2
Liabilities
Long-term debt$27,103 $27,204 $25,406 $25,304 2Note 6
(1) Represents finance leases and failed sale leasebacks of $7.47 billion and $6.94 billion as of December 31, 2025 and 2024, respectively.