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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Investment income $ 21.8 $ 22.3 $ 28.6
Provision for losses on receivables 12.4 15.4 12.9
Income before income taxes 2,337.1 2,017.6 1,695.0
Income taxes 733.1 658.8 523.7
Net Income $ 1,604.0 $ 1,358.8 $ 1,171.3
Net Income Per Share      
Basic $ 4.52 $ 3.83 $ 3.31
Diluted $ 4.51 $ 3.82 $ 3.30
Weighted Average Number of Common Shares Outstanding      
Basic 354.6 355.0 354.2
Diluted 355.6 356.1 355.2
Truck, Parts and Other      
Net sales and revenues $ 17,942.8 $ 17,792.8 $ 15,948.9
Cost of sales and revenues 15,292.1 15,481.6 13,900.7
Research and development 239.8 215.6 251.4
Selling, general and administrative 445.9 465.2 465.3
Interest and other expense, net 12.3 5.5 5.3
Costs and Expenses, Total 15,990.1 16,167.9 14,622.7
Income before income taxes 1,952.7 1,624.9 1,326.2
Financial Services      
Interest and fees 443.8 462.6 462.8
Operating lease, rental and other revenues 728.5 741.6 712.1
Revenues 1,172.3 1,204.2 1,174.9
Interest and other borrowing expenses 118.0 133.7 155.9
Depreciation and other expenses 583.7 588.5 571.7
Selling, general and administrative 95.6 96.2 94.2
Provision for losses on receivables 12.4 15.4 12.9
Costs and Expenses, Total 809.7 833.8 834.7
Income before income taxes $ 362.6 $ 370.4 $ 340.2