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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Investment income $ 22.3us-gaap_InvestmentIncomeNet $ 28.6us-gaap_InvestmentIncomeNet $ 33.1us-gaap_InvestmentIncomeNet
Provision for losses on receivables 15.4us-gaap_ProvisionForLoanLeaseAndOtherLosses 12.9us-gaap_ProvisionForLoanLeaseAndOtherLosses 20.0us-gaap_ProvisionForLoanLeaseAndOtherLosses
Income Before Income Taxes 2,017.6us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 1,695.0us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 1,628.9us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income taxes 658.8us-gaap_IncomeTaxExpenseBenefit 523.7us-gaap_IncomeTaxExpenseBenefit 517.3us-gaap_IncomeTaxExpenseBenefit
Net Income 1,358.8us-gaap_NetIncomeLoss 1,171.3us-gaap_NetIncomeLoss 1,111.6us-gaap_NetIncomeLoss
Net Income Per Share      
Basic $ 3.83us-gaap_EarningsPerShareBasic $ 3.31us-gaap_EarningsPerShareBasic $ 3.13us-gaap_EarningsPerShareBasic
Diluted $ 3.82us-gaap_EarningsPerShareDiluted $ 3.30us-gaap_EarningsPerShareDiluted $ 3.12us-gaap_EarningsPerShareDiluted
Weighted Average Number of Common Shares Outstanding:      
Basic 355.0us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 354.2us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 355.1us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 356.1us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 355.2us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 355.8us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Truck, Parts and Other      
Net sales and revenues 17,792.8us-gaap_SalesRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
15,948.9us-gaap_SalesRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
15,951.7us-gaap_SalesRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
Cost of sales and revenues 15,481.6us-gaap_CostOfGoodsAndServicesSold
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
13,900.7us-gaap_CostOfGoodsAndServicesSold
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
13,908.3us-gaap_CostOfGoodsAndServicesSold
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
Research and development 215.6us-gaap_ResearchAndDevelopmentExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
251.4us-gaap_ResearchAndDevelopmentExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
279.3us-gaap_ResearchAndDevelopmentExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
Selling, general and administrative 465.2us-gaap_SellingGeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
465.3us-gaap_SellingGeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
476.4us-gaap_SellingGeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
Interest and other expense (income), net 5.5us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
5.3us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
(0.3)us-gaap_OtherNonoperatingIncomeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
Costs and Expenses, Total 16,167.9us-gaap_CostsAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
14,622.7us-gaap_CostsAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
14,663.7us-gaap_CostsAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
Income Before Income Taxes 1,624.9us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
1,326.2us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
1,288.0us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_TruckPartsAndOtherMember
Financial Services      
Interest and fees 462.6us-gaap_InterestAndFeeIncomeLoansAndLeases
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
462.8us-gaap_InterestAndFeeIncomeLoansAndLeases
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
453.7us-gaap_InterestAndFeeIncomeLoansAndLeases
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
Operating lease, rental and other revenues 741.6us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
712.1us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
645.1us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
Revenues 1,204.2us-gaap_FinancialServicesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
1,174.9us-gaap_FinancialServicesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
1,098.8us-gaap_FinancialServicesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
Interest and other borrowing expenses 133.7pcar_InterestAndOtherBorrowingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
155.9pcar_InterestAndOtherBorrowingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
158.4pcar_InterestAndOtherBorrowingExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
Depreciation and other expense 588.5pcar_DepreciationOnEquipmentOnOperatingLeaseAndOtherVehicleRelatedExpenseAndOtherExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
571.7pcar_DepreciationOnEquipmentOnOperatingLeaseAndOtherVehicleRelatedExpenseAndOtherExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
517.4pcar_DepreciationOnEquipmentOnOperatingLeaseAndOtherVehicleRelatedExpenseAndOtherExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
Selling, general and administrative 96.2us-gaap_SellingGeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
94.2us-gaap_SellingGeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
95.2us-gaap_SellingGeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
Provision for losses on receivables 15.4us-gaap_ProvisionForLoanLeaseAndOtherLosses
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
12.9us-gaap_ProvisionForLoanLeaseAndOtherLosses
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
20.0us-gaap_ProvisionForLoanLeaseAndOtherLosses
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
Costs and Expenses, Total 833.8us-gaap_CostsAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
834.7us-gaap_CostsAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
791.0us-gaap_CostsAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
Income Before Income Taxes $ 370.4us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
$ 340.2us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember
$ 307.8us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= pcar_FinancialServicesMember