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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Equipment on operating leases, net $ 3,584.7 $ 3,648.1
Property, plant and equipment, net 3,270.4 2,883.8
Total Assets 28,260.0 28,361.1
STOCKHOLDERS' EQUITY:    
Preferred stock, no par value - authorized 1.0 million shares, none issued
Common stock, $1 par value - authorized 1.2 billion shares; issued 346.6 million and 346.3 million shares 346.6 346.3
Additional paid-in capital 88.5 61.4
Retained earnings 11,005.2 10,398.5
Accumulated other comprehensive loss (1,050.3) (1,100.1)
Total Stockholders’ Equity 10,390.0 9,706.1
Liabilities and Equity, Total 28,260.0 28,361.1
Truck, Parts and Other    
ASSETS    
Cash and cash equivalents 3,405.0 4,007.3
Trade and other receivables, net (allowance for losses: 2020 - $.6, 2019 - $.6) 1,197.5 1,306.1
Marketable debt securities (amortized cost: 2020 - $1,409.7, 2019 - $1,154.0; allowance for credit losses: none) 1,429.0 1,162.1
Inventories, net 1,221.9 1,153.2
Other current assets 515.6 388.0
Total Truck, Parts and Other Current Assets 7,769.0 8,016.7
Equipment on operating leases, net 421.9 545.5
Property, plant and equipment, net 3,270.4 2,883.8
Other noncurrent assets, net 998.9 843.7
Total Assets 12,460.2 12,289.7
Liabilities    
Accounts payable, accrued expenses and other 3,413.9 3,194.2
Dividend payable 242.6 796.5
Total Truck, Parts and Other Current Liabilities 3,656.5 3,990.7
Residual value guarantees and deferred revenues 457.4 587.3
Other liabilities 1,487.2 1,435.1
Total Liabilities 5,601.1 6,013.1
Financial Services    
ASSETS    
Cash and cash equivalents 134.6 167.8
Finance and other receivables, net (allowance for losses: 2020 - $127.0, 2019 - $112.4) 11,820.7 12,086.0
Equipment on operating leases, net 3,162.8 3,102.6
Other assets 681.7 715.0
Total Assets 15,799.8 16,071.4
Liabilities    
Accounts payable, accrued expenses and other 561.0 629.0
Commercial paper and bank loans 3,344.4 4,110.2
Term notes 7,508.9 7,112.5
Deferred taxes and other liabilities 854.6 790.2
Total Liabilities $ 12,268.9 12,641.9
STOCKHOLDERS' EQUITY:    
Retained earnings   $ 10,398.5