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Equipment On Operating Leases (Tables)
12 Months Ended
Dec. 31, 2020
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 Truck, Parts and Other and for the Financial Services segment is presented below.

 

 

 

TRUCK, PARTS AND OTHER

 

 

FINANCIAL SERVICES

 

At December 31,

 

 

2020

 

 

 

2019

 

 

 

2020

 

 

 

2019

 

Equipment on operating leases

 

$

576.8

 

 

$

706.3

 

 

$

4,493.9

 

 

$

4,350.0

 

Less allowance for depreciation

 

 

(154.9

)

 

 

(160.8

)

 

 

(1,331.1

)

 

 

(1,247.4

)

 

 

$

421.9

 

 

$

545.5

 

 

$

3,162.8

 

 

$

3,102.6

 

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

 

 

 

 

 

 

 

TRUCK, PARTS AND OTHER

 

At December 31,

 

 

 

 

 

 

2020

 

 

 

2019

 

Residual value guarantees

 

 

 

 

 

$

358.4

 

 

$

439.6

 

Deferred lease revenues

 

 

 

 

 

 

99.0

 

 

 

147.7

 

 

 

 

 

 

 

$

457.4

 

 

$

587.3