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v3.23.2

Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2023
Segment Reporting [Abstract] |
Segment Reporting Information by Segment |
| Three Months Ended |  |  | Six Months Ended |
| June 30 |  |  | June 30 |
|  | 2023 |  |  |  | 2022 |  |  |  | 2023 |  |  |  | 2022 |
Net sales and revenues: |  |  |  |  |  |  |  |  |  |  |
Truck | $ | 6,923.0 |  |  | $ | 5,499.5 |  |  | $ | 13,501.7 |  |  | $ | 10,335.0 |
Less intersegment |  | (95.5 | ) |  |  | (163.1 | ) |  |  | (260.4 | ) |  |  | (301.5 | )
External customers |  | 6,827.5 |  |  |  | 5,336.4 |  |  |  | 13,241.3 |  |  |  | 10,033.5 |
Parts |  | 1,618.4 |  |  |  | 1,450.6 |  |  |  | 3,259.5 |  |  |  | 2,855.9 |
Less intersegment |  | (19.5 | ) |  |  | (15.9 | ) |  |  | (37.6 | ) |  |  | (32.3 | )
External customers |  | 1,598.9 |  |  |  | 1,434.7 |  |  |  | 3,221.9 |  |  |  | 2,823.6 |
Other |  | 14.9 |  |  |  | 15.1 |  |  |  | 28.2 |  |  |  | 35.5 |
|  | 8,441.3 |  |  |  | 6,786.2 |  |  |  | 16,491.4 |  |  |  | 12,892.6 |
Financial Services |  | 439.8 |  |  |  | 372.5 |  |  |  | 863.0 |  |  |  | 738.7 |
| $ | 8,881.1 |  |  | $ | 7,158.7 |  |  | $ | 17,354.4 |  |  | $ | 13,631.3 |
Income before income taxes: |  |  |  |  |  |  |  |  |  |  |
Truck | $ | 948.3 |  |  | $ | 422.1 |  |  | $ | 1,842.6 |  |  | $ | 698.8 |
Parts |  | 419.3 |  |  |  | 353.3 |  |  |  | 857.9 |  |  |  | 693.5 |
Other* |  | (6.5 | ) |  |  | (3.1 | ) |  |  | (618.2 | ) |  |  | 6.9 |
|  | 1,361.1 |  |  |  | 772.3 |  |  |  | 2,082.3 |  |  |  | 1,399.2 |
Financial Services |  | 144.7 |  |  |  | 144.4 |  |  |  | 293.5 |  |  |  | 291.4 |
Investment income |  | 62.7 |  |  |  | 5.4 |  |  |  | 111.7 |  |  |  | 2.9 |
| $ | 1,568.5 |  |  | $ | 922.1 |  |  | $ | 2,487.5 |  |  | $ | 1,693.5 |
Depreciation and amortization: |  |  |  |  |  |  |  |  |  |  |
Truck | $ | 99.2 |  |  | $ | 77.7 |  |  | $ | 199.0 |  |  | $ | 149.3 |
Parts |  | 3.6 |  |  |  | 3.3 |  |  |  | 7.3 |  |  |  | 6.5 |
Other |  | 6.0 |  |  |  | 6.2 |  |  |  | 12.3 |  |  |  | 11.9 |
|  | 108.8 |  |  |  | 87.2 |  |  |  | 218.6 |  |  |  | 167.7 |
Financial Services |  | 114.6 |  |  |  | 109.7 |  |  |  | 225.9 |  |  |  | 214.9 |
| $ | 223.4 |  |  | $ | 196.9 |  |  | $ | 444.5 |  |  | $ | 382.6 |
* In the first half 2023, Other includes a $600.0 million non-recurring charge related to civil litigation in Europe (EC-related claims) which is discussed in Note M.

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