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SEGMENT INFORMATION - Reconciliation from Net Income Under US GAAP To Adjusted EBIT and Adjusted EBITDA (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2019 | Jun. 30, 2018 | Jun. 30, 2019 | Jun. 30, 2018
Segment Reporting Information [Line Items] |  |  |  |
Revenues | $ 7,567 | $ 8,045 | $ 14,024 | $ 14,818
Net income | 427 | 408 | 691 | 610
Add back: |  |  |  |
Income tax expense | 135 | 118 | 225 | 181
Interest expense of Industrial Activities, net of interest income and eliminations | 66 | 88 | 119 | 181
Foreign exchange losses, net | 11 | 97 | 20 | 122
Finance and non-service component of Pension and OPEB costs(2) | (16) | (4) | (31) | 14
Adjustments: |  |  |  |
Restructuring expenses | 28 | 5 | 36 | 8
Adjusted EBIT | 651 | 712 | 1,060 | 1,116
Depreciation and amortization | 163 | 179 | 332 | 364
Depreciation of assets on operating lease and assets sold with buy-back commitment | 138 | 155 | 282 | 323
Adjusted EBITDA | 952 | 1,046 | 1,674 | 1,803
Benefits modification amortization | $ 30 | $ 20 | $ 60 | $ 20
Amortization period of retirement benefits payable | 4 years 6 months | 4 years 6 months | 4 years 6 months | 4 years 6 months
Reduction of plan liability | $ 527 | $ 527 | $ 527 | $ 527
Eliminations and other |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | (20) | (32) | (43) | (61)
Net income | 0 | 0 | 0 | 0
Add back: |  |  |  |
Income tax expense | 0 | 0 | 0 | 0
Interest expense of Industrial Activities, net of interest income and eliminations | 0 | 0 | 0 | 0
Foreign exchange losses, net | 0 | 0 | 0 | 0
Finance and non-service component of Pension and OPEB costs(2) | 0 | 0 | 0 | 0
Adjustments: |  |  |  |
Restructuring expenses | 0 | 0 | 0 | 0
Adjusted EBIT | 0 | 0 | 0 | 0
Depreciation and amortization | 0 | 0 | 0 | 0
Depreciation of assets on operating lease and assets sold with buy-back commitment | 0 | 0 | 0 | 0
Adjusted EBITDA | 0 | 0 | 0 | 0
Industrial activities |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 7,091 | 7,602 | 13,127 | 13,929
Net income | 427 | 408 | 691 | 610
Add back: |  |  |  |
Income tax expense | 104 | 79 | 158 | 102
Adjustments: |  |  |  |
Restructuring expenses | 26 | 5 | 34 | 8
Industrial activities | Operating segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 7,068 | 7,579 | 13,074 | 13,879
Net income | 336 | 306 | 505 | 405
Add back: |  |  |  |
Income tax expense | 104 | 79 | 158 | 102
Interest expense of Industrial Activities, net of interest income and eliminations | 66 | 88 | 119 | 181
Foreign exchange losses, net | 11 | 97 | 20 | 122
Finance and non-service component of Pension and OPEB costs(2) | (16) | (4) | (31) | 14
Adjustments: |  |  |  |
Restructuring expenses | 26 | 5 | 34 | 8
Adjusted EBIT | 527 | 571 | 805 | 832
Depreciation and amortization | 162 | 177 | 330 | 361
Depreciation of assets on operating lease and assets sold with buy-back commitment | 79 | 95 | 158 | 197
Adjusted EBITDA | 768 | 843 | 1,293 | 1,390
Industrial activities | Eliminations and other |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | (615) | (639) | (1,189) | (1,281)
Adjustments: |  |  |  |
Restructuring expenses | 1 | 0 | 1 | 0
Adjusted EBIT | (41) | (58) | (91) | (127)
Depreciation and amortization | 0 | 1 | 0 | 1
Depreciation of assets on operating lease and assets sold with buy-back commitment | 0 | 0 | 0 | 0
Adjusted EBITDA | (41) | (57) | (91) | (126)
Industrial activities | Agriculture | Operating segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 3,095 | 3,312 | 5,585 | 5,891
Adjustments: |  |  |  |
Restructuring expenses | 15 | 1 | 18 | 1
Adjusted EBIT | 341 | 396 | 509 | 582
Depreciation and amortization | 69 | 75 | 144 | 154
Depreciation of assets on operating lease and assets sold with buy-back commitment | 0 | 1 | 0 | 1
Adjusted EBITDA | 410 | 472 | 653 | 737
Industrial activities | Construction | Operating segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 757 | 799 | 1,397 | 1,481
Adjustments: |  |  |  |
Restructuring expenses | 4 | 0 | 4 | 0
Adjusted EBIT | 25 | 33 | 38 | 33
Depreciation and amortization | 15 | 15 | 29 | 31
Depreciation of assets on operating lease and assets sold with buy-back commitment | 0 | 0 | 0 | 0
Adjusted EBITDA | 40 | 48 | 67 | 64
Industrial activities | Commercial and Specialty Vehicles | Operating segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 2,698 | 2,889 | 5,112 | 5,384
Adjustments: |  |  |  |
Restructuring expenses | 6 | 3 | 11 | 6
Adjusted EBIT | 100 | 92 | 151 | 141
Depreciation and amortization | 47 | 53 | 94 | 108
Depreciation of assets on operating lease and assets sold with buy-back commitment | 79 | 94 | 158 | 196
Adjusted EBITDA | 226 | 239 | 403 | 445
Industrial activities | Powertrain | Operating segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 1,133 | 1,218 | 2,169 | 2,404
Adjustments: |  |  |  |
Restructuring expenses | 0 | 1 | 0 | 1
Adjusted EBIT | 102 | 108 | 198 | 203
Depreciation and amortization | 31 | 33 | 63 | 67
Depreciation of assets on operating lease and assets sold with buy-back commitment | 0 | 0 | 0 | 0
Adjusted EBITDA | 133 | 141 | 261 | 270
Financial services |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 519 | 498 | 993 | 1,000
Net income | 91 | 102 | 186 | 205
Add back: |  |  |  |
Income tax expense | 31 | 39 | 67 | 79
Interest expense of Industrial Activities, net of interest income and eliminations | 0 | 0 | 0 | 0
Foreign exchange losses, net | 0 | 0 | 0 | 0
Finance and non-service component of Pension and OPEB costs(2) | 0 | 0 | 0 | 0
Adjustments: |  |  |  |
Restructuring expenses | 2 | 0 | 2 | 0
Adjusted EBIT | 124 | 141 | 255 | 284
Depreciation and amortization | 1 | 2 | 2 | 3
Depreciation of assets on operating lease and assets sold with buy-back commitment | 59 | 60 | 124 | 126
Adjusted EBITDA | 184 | 203 | 381 | 413
Financial services | Operating segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 519 | 498 | 993 | 1,000
Financial services | Eliminations and other |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | $ (20) | $ (32) | $ (43) | $ (61)

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