Quarterly Results (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results (Unaudited)

	QUARTER
	FIRST		SECOND		THIRD		FOURTH
	(millions, except per share data)
2020
Truck, Parts and Other:
Net sales and revenues	$	4,778.0	$	2,701.9	$	4,538.4	$	5,136.0
Cost of sales and revenues		4,189.6		2,441.5		3,958.3		4,487.0
Research and development		71.0		66.5		64.7		71.7
Financial Services:
Revenues		383.7		360.3		397.6		432.6
Interest and other borrowing expenses		56.4		46.9		45.2		43.6
Depreciation and other expenses		229.4		224.1		262.5		292.0
Net Income		359.4		147.7		385.5		405.8
Net Income Per Share:*
Basic	$	1.04	$	.43	$	1.11	$	1.17
Diluted		1.03		.43		1.11		1.17

2019
Truck, Parts and Other:
Net sales and revenues	$	6,138.1	$	6,266.5	$	6,004.2	$	5,710.9
Cost of sales and revenues		5,217.1		5,341.7		5,106.8		4,890.0
Research and development		78.3		82.5		82.2		83.6
Financial Services:
Revenues		349.5		361.4		362.8		406.3
Interest and other borrowing expenses		53.4		60.0		59.6		57.5
Depreciation and other expenses		177.4		183.6		195.3		241.9
Net Income		629.0		619.7		607.9		531.3
Net Income Per Share:
Basic	$	1.81	$	1.79	$	1.75	$	1.53
Diluted		1.81		1.78		1.75		1.53

* The sum of quarterly per share amounts may not equal per share amounts reported for year-to-date periods. This is due to changes in the number of weighted shares outstanding and the effects of rounding for each period.