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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Net sales $ 7,068 $ 7,579 $ 13,074 $ 13,879
Finance, interest and other income 499 466 950 939
Total Revenues 7,567 8,045 14,024 14,818
Costs and Expenses        
Cost of goods sold 5,751 6,188 10,717 11,444
Selling, general and administrative expenses 555 593 1,094 1,183
Research and development expenses 273 262 517 489
Restructuring expenses 28 5 36 8
Interest expense 195 192 378 392
Other, net 211 302 379 553
Total Costs and Expenses 7,013 7,542 13,121 14,069
Income before income taxes and equity in income of unconsolidated subsidiaries and affiliates 554 503 903 749
Income tax (expense) (135) (118) (225) (181)
Equity in income of unconsolidated subsidiaries and affiliates 8 23 13 42
Net income 427 408 691 610
Net income attributable to noncontrolling interests 13 12 20 18
Net income attributable to CNH Industrial N.V. $ 414 $ 396 $ 671 $ 592
Earnings (loss) per share attributable to common shareholders        
Basic (in usd per share) $ 0.31 $ 0.29 $ 0.50 $ 0.43
Diluted (in usd per share) 0.31 0.29 0.50 0.43
Cash dividends declared per common share (in usd per share) $ 0.203 $ 0.173 $ 0.203 $ 0.173