XML 17 R6.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities    
Net income/(loss) $ 2,892 $ 4,063
Depreciation and tooling amortization 5,722 5,636
Other amortization (1,382) (1,219)
Provision for credit and insurance losses 477 433
Pension and other postretirement employee benefits (“OPEB”) expense/(income) (Note 11) 277 689
Equity method investment (earnings)/losses and impairments in excess of dividends received 312 (216)
Foreign currency adjustments (2) 296
Net realized and unrealized (gains)/losses on cash equivalents, marketable securities, and other investments (Note 4) (63) 25
Stock compensation 409 404
Provision for/(Benefit from) deferred income taxes (521) (329)
Decrease/(Increase) in finance receivables (wholesale and other) 2,605 (2,739)
Decrease/(Increase) in accounts receivable and other assets (3,677) (2,046)
Decrease/(Increase) in inventory (705) (2,338)
Increase/(Decrease) in accounts payable and accrued and other liabilities 10,631 9,386
Other 423 350
Net cash provided by/(used in) operating activities 17,398 12,395
Cash flows from investing activities    
Capital spending (6,031) (6,186)
Acquisitions of finance receivables and operating leases (40,033) (44,942)
Collections of finance receivables and operating leases 34,307 33,855
Purchases of marketable securities and other investments (7,205) (8,501)
Sales and maturities of marketable securities and other investments 7,506 10,611
Settlements of derivatives (341) (174)
Capital contributions to equity method investments (442) (2,200)
Returns of capital from equity method investments (Note 17) 1,701 25
Other 150 3
Net cash provided by/(used in) investing activities (10,388) (17,509)
Cash flows from financing activities    
Cash payments for dividends and dividend equivalents (2,390) (2,522)
Purchases of common stock 0 (276)
Net changes in short-term debt (406) (1,233)
Proceeds from issuance of long-term debt 36,979 43,579
Payments of long-term debt (37,541) (35,563)
Other (200) (290)
Net cash provided by/(used in) financing activities (3,558) 3,695
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 442 35
Net increase/(decrease) in cash, cash equivalents, and restricted cash 3,894 (1,384)
Cash, cash equivalents, and restricted cash at beginning of period (Note 7) 23,190 25,110
Net increase/(decrease) in cash, cash equivalents, and restricted cash 3,894 (1,384)
Cash, cash equivalents, and restricted cash at end of period (Note 7) $ 27,084 $ 23,726