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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents (Note 2) $ 5,826 $ 5,094
Finance receivables, net of allowance for loan losses of $2,725 and $2,458 (Note 4; Note 9) 90,045 93,510
Leased vehicles, net (Note 5; Note 9) 33,686 31,586
Goodwill and intangible assets (Note 6) 1,177 1,169
Equity in net assets of nonconsolidated affiliates (Note 7) 1,117 1,206
Property and equipment, net of accumulated depreciation of $485 and $464 126 107
Deferred income taxes (Note 15) 312 249
Related party receivables (Note 3) 515 473
Other assets (Note 2; Note 9) 7,672 7,636
Total assets 140,477 141,030
Liabilities    
Secured debt (Note 8; Note 9) 46,904 49,573
Unsecured debt (Note 8) 67,127 64,691
Accounts payable and accrued expenses 2,553 2,671
Deferred income 2,494 2,389
Deferred income taxes (Note 15) 2,442 2,671
Related party payables (Note 3) 136 106
Other liabilities 3,009 3,737
Total liabilities 124,664 125,838
Commitments and contingencies (Note 11)
Shareholders' equity (Note 12)    
Common stock, $0.0001 par value per share 0 0
Preferred stock, $0.01 par value per share 0 0
Additional paid-in capital 8,845 8,814
Accumulated other comprehensive income (loss) (1,402) (1,531)
Retained earnings 8,369 7,909
Total shareholders' equity 15,813 15,193
Total liabilities and shareholders' equity $ 140,477 $ 141,030