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Equipment On Operating Leases (Tables)
9 Months Ended
Sep. 30, 2019
Lessor Disclosure [Abstract]  
Equipment on Operating Leases for Truck Parts and Other Segment and for Financial Services Segment

A summary of equipment on operating leases for the Truck, Parts and Other and for the Financial Services segments is as follows:

 

 

 

TRUCK, PARTS AND OTHER

 

 

FINANCIAL SERVICES

 

 

 

September 30,

 

 

December 31,

 

 

September 30,

 

 

December 31,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Equipment on operating leases

 

$

750.1

 

 

$

948.1

 

 

$

4,150.1

 

 

$

4,098.3

 

Less allowance for depreciation

 

 

(150.1

)

 

 

(161.5

)

 

 

(1,209.1

)

 

 

(1,243.3

)

 

 

$

600.0

 

 

$

786.6

 

 

$

2,941.0

 

 

$

2,855.0

 

Residual Value Obligation and Deferred Lease Revenue These amounts are summarized below:

 

 

 

TRUCK, PARTS AND OTHER

 

 

 

September 30,

 

 

December 31,

 

 

 

2019

 

 

2018

 

Residual value guarantees

 

$

466.8

 

 

$

591.1

 

Deferred lease revenues

 

 

179.2

 

 

 

251.3

 

 

 

$

646.0

 

 

$

842.4