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REVENUE (Tables)
6 Months Ended
Jun. 30, 2019
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregation of Revenue by Segment and Source
The following table summarizes revenues for the three and six months ended June 30, 2019 and 2018:
 
Three Months Ended June 30,
 
2019
 
2018
 
(in millions)
Agriculture
$
3,095

 
$
3,312

Construction
757

 
799

Commercial and Specialty Vehicles
2,698

 
2,889

Powertrain
1,133

 
1,218

Eliminations and Other
(615
)
 
(639
)
Total Industrial Activities
$
7,068

 
$
7,579

Financial Services
519

 
498

Eliminations and Other
(20
)
 
(32
)
Total Revenues
$
7,567

 
$
8,045

 
Six Months Ended June 30,
 
2019
 
2018
 
(in millions)
Agriculture
$
5,585

 
$
5,891

Construction
1,397

 
1,481

Commercial and Specialty Vehicles
5,112

 
5,384

Powertrain
2,169

 
2,404

Eliminations and Other
(1,189
)
 
(1,281
)
Total Industrial Activities
$
13,074

 
$
13,879

Financial Services
993

 
$
1,000

Eliminations and Other
(43
)
 
$
(61
)
Total Revenues
$
14,024

 
$
14,818


The following table disaggregates revenues by major source for the three and six months ended June 30, 2019 and 2018:
 
Three Months Ended June 30,
 
2019
 
2018
 
(in millions)
Revenues from:
 
 
 
Sales of goods
$
6,808

 
$
7,384

Rendering of services
159

 
76

Rents on assets sold with a buy-back commitment
101

 
119

Revenues from sales of goods and services
7,068

 
7,579

Finance and interest income
291

 
280

Rents and other income on operating lease
208

 
186

Finance, interest and other income
499

 
466

Total Revenues
$
7,567

 
$
8,045

 
Six Months Ended June 30,
 
2019
 
2018
 
(in millions)
Revenues from:
 
 
 
Sales of goods
$
12,565

 
$
13,449

Rendering of services
304

 
185

Rents on assets sold with a buy-back commitment
205

 
245

Revenues from sales of goods and services
13,074

 
13,879

Finance and interest income
579

 
574

Rents and other income on operating lease
371

 
365

Finance, interest and other income
950

 
939

Total Revenues
$
14,024

 
$
14,818