Consolidated Statements of Financial Position - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Assets:
Cash and cash equivalents	$ 533	$ 599
Finance receivables, net of allowance for credit losses of $284 and $267	32,815	28,964
Notes receivable from Caterpillar	663	559
Equipment on operating leases, net	2,927	2,780
Other assets	1,375	1,182
Total assets	38,313	34,084
Liabilities and shareholder’s equity:
Payable to dealers and others	106	137
Payable to Caterpillar – borrowings and other	1,172	128
Accrued expenses	553	489
Short-term borrowings	5,514	4,393
Current maturities of long-term debt	7,085	6,619
Long-term debt	20,018	18,787
Other liabilities	638	641
Total liabilities	35,086	31,194
Commitments and contingent liabilities (Note 9)
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	3,352	3,300
Accumulated other comprehensive income (loss)	(938)	(1,232)
Noncontrolling interests	66	75
Total shareholder’s equity	3,227	2,890
Total liabilities and shareholder’s equity	$ 38,313	$ 34,084