v3.25.4
Revenue
 12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The following table summarizes revenues for the years ended December 31, 2025, 2024 and 2023 (in millions of dollars):
Years Ended December 31,
202520242023
Agriculture$12,390 $14,007 $18,148 
Construction2,956 3,053 3,932 
Total Industrial Activities15,346 17,060 22,080 
Financial Services2,720 2,774 2,573 
Eliminations and other29 2 34 
Total Revenues$18,095 $19,836 $24,687 
The following table disaggregates revenues by major source for the years ended December 31, 2025, 2024 and 2023 (in millions of dollars):
Years Ended December 31,
202520242023
Revenues from:
Sales of goods$15,290 $17,009 $22,036 
Rendering of services and other revenues56 51 44 
Revenues from sales of goods and services15,346 17,060 22,080 
Finance and interest income2,132 2,170 1,882 
Rents and other income on operating leases617 606 725 
Finance, interest and other income2,749 2,776 2,607 
Total Revenues$18,095 $19,836 $24,687 
Contract liabilities recorded in "Other liabilities" were $122 million, $72 million and $50 million at December 31, 2025, 2024 and 2023, respectively. Contract liabilities primarily relate to extended warranties. During the year ended December 31, 2025, 2024 and 2023, revenues included $21 million, $18 million and $11 million, respectively, relating to contract liabilities outstanding at the beginning of each period.
As of December 31, 2025, the aggregate amount of the transaction price allocated to remaining performance obligations was approximately $122 million (approximately $72 million at December 31, 2024 and approximately $48 million at December 31, 2023). CNH expects to recognize revenue on approximately 27% and 81% of the remaining performance obligations over the next 12 and 36 months, respectively (approximately 30% and 90% at of December 31, 2024 and approximately 32% and 95% at of December 31, 2023, respectively).