v3.25.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues      
Net sales $ 15,346 $ 17,060 $ 22,080
Finance, interest and other income 2,749 2,776 2,607
Total Revenues 18,095 19,836 24,687
Costs and Expenses      
Cost of goods sold 12,389 13,350 16,838
Selling, general and administrative expenses 1,876 1,712 1,863
Research and development expenses 1,025 924 1,041
Restructuring expenses 22 118 67
Interest expense 1,482 1,611 1,345
Other, net 681 664 830
Total Costs and Expenses 17,475 18,379 21,984
Consolidated income before income taxes 620 1,457 2,703
Income tax expense (184) (336) (594)
Equity in income of unconsolidated affiliates 69 138 178
Net income 505 1,259 2,287
Net income (loss) attributable to noncontrolling interests (5) 13 12
Net income attributable to CNH Industrial N.V. $ 510 $ 1,246 $ 2,275
Basic earnings per share attributable to common shareholders      
Basic earnings per share attributable to CNH Industrial N.V. (in dollars per share) $ 0.41 $ 0.99 $ 1.71
Diluted earnings per share attributable to common shareholders      
Diluted earnings per share attributable to CNH Industrial N.V. (in dollars per share) $ 0.41 $ 0.99 $ 1.69
Weighted-average shares outstanding      
Basic (in shares) 1,248 1,254 1,332
Diluted (in shares) 1,251 1,260 1,350
Cash dividends declared per common share (in dollars per share) $ 0.250 $ 0.470 $ 0.396