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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues      
Net sales $ 24,285 $ 26,149 $ 27,831
Finance, interest and other income 1,747 1,930 1,875
Total Revenues 26,032 28,079 29,706
Costs and Expenses      
Cost of goods sold 21,327 21,832 22,958
Selling, general and administrative expenses 2,155 2,216 2,351
Research and development expenses 932 1,030 1,061
Restructuring expenses 49 109 61
Interest expense 678 798 812
Goodwill impairment charge 585 0 0
Other, net 811 924 997
Total Costs and Expenses 26,537 26,909 28,240
Income (loss) before income taxes and equity in income of unconsolidated subsidiaries and affiliates (505) 1,170 1,466
Income tax benefit (expense) 50 271 (417)
Equity in income of unconsolidated subsidiaries and affiliates 17 13 50
Net income (loss) (438) 1,454 1,099
Net income attributable to noncontrolling interests 55 32 31
Net income (loss) attributable to CNH Industrial N.V. $ (493) $ 1,422 $ 1,068
Earnings (loss) per share attributable to common shareholders      
Basic (in usd per share) $ (0.36) $ 1.05 $ 0.79
Diluted (in usd per share) (0.36) 1.05 0.78
Cash dividends declared per common share (in usd per share) $ 0 $ 0.203 $ 0.173