Credit commitments (Tables)

12 Months Ended

Dec. 31, 2023

Credit Commitments [Abstract]

Credit commitments

	December 31, 2023
(Millions of dollars)	Consolidated		Machinery, Energy & Transportation		Financial Products
Credit lines available:
Global credit facilities	$	10,500	$	2,750	$	7,750
Other external	4,164		625		3,539
Total credit lines available	14,664		3,375		11,289
Less: Commercial paper outstanding	(4,069)		—		(4,069)
Less: Utilized credit	(853)		—		(853)
Available credit	$	9,742	$	3,375	$	6,367