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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities    
Net income (loss) $ 1,147 $ 1,155
Depreciation and amortization 2,626 2,630
Accretion and amortization of loan and leasing fees (728) (648)
Undistributed earnings of nonconsolidated affiliates, net (45) (78)
Provision for loan losses 378 298
Deferred income taxes 287 (4)
Stock-based compensation expense 19 19
Gain on termination of leased vehicles (417) (435)
Other operating activities (45) (67)
Changes in assets and liabilities:    
Other assets (304) (107)
Other liabilities 253 381
Related party payables 44 266
Net cash provided by (used in) operating activities 3,214 3,411
Cash flows from investing activities    
Purchases and funding of finance receivables (17,025) (18,182)
Principal collections and recoveries on finance receivables 15,577 13,921
Net change in floorplan and other short-duration receivables (2,991) (7)
Purchases of leased vehicles (7,489) (6,834)
Proceeds from termination of leased vehicles 6,157 6,673
Other investing activities (10) (15)
Net cash provided by (used in) investing activities (5,781) (4,445)
Cash flows from financing activities    
Net change in debt (original maturities of three months or less) 296 74
Borrowings and issuances of secured debt 13,984 14,676
Payments on secured debt (14,762) (14,902)
Borrowings and issuances of unsecured debt 15,367 11,548
Payments on unsecured debt (9,053) (7,335)
Debt issuance costs (112) (91)
Dividends paid (959) (959)
Net cash provided by (used in) financing activities 4,760 3,010
Net increase (decrease) in cash, cash equivalents and restricted cash 2,194 1,976
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash (58) 62
Cash, cash equivalents and restricted cash at beginning of period 8,249 6,676
Cash, cash equivalents and restricted cash at end of period 10,384 8,715
Supplemental Cash Flow Elements [Abstract]    
Cash and cash equivalents 7,448  
Restricted cash included in other assets 2,937  
Total $ 10,384 $ 8,715