Segment Information

9 Months Ended

Sep. 30, 2012

Segment Information

NOTE H - Segment Information

The Company operates in two reportable segments, Truck and Financial Services.

	Three Months Ended						Nine Months Ended
	September 30						September 30
	2012			2011			2012			2011
Net sales and revenues:
Truck
Total	$	3,662.5		$	4,145.1		$	12,694.6		$	11,275.5
Less intersegment		(152.5	)		(183.9	)		(559.9	)		(621.8	)
External customers		3,510.0			3,961.2			12,134.7			10,653.7
All other		36.7			31.8			117.8			84.6
		3,546.7			3,993.0			12,252.5			10,738.3
Financial Services		273.5			264.1			801.0			763.1
	$	3,820.2		$	4,257.1		$	13,053.5		$	11,501.4
Income (loss) before income taxes:
Truck	$	258.9		$	324.3		$	1,022.8		$	855.3
All other		(1.7	)		(2.4	)		(6.1	)		(19.0	)
		257.2			321.9			1,016.7			836.3
Financial Services		80.4			61.8			229.1			169.0
Investment income		7.8			11.0			24.9			28.9
	$	345.4		$	394.7		$	1,270.7		$	1,034.2
Depreciation and amortization:
Truck	$	76.5		$	78.8		$	237.9		$	236.3
All other		2.6			2.7			7.7			7.2
		79.1			81.5			245.6			243.5
Financial Services		97.1			92.8			276.8			262.2
	$	176.2		$	174.3		$	522.4		$	505.7

Included in all other is the Company’s industrial winch manufacturing business and other sales, income and expense not attributable to a reportable segment, including a portion of corporate expenses.