| Schedule of issued bond outstanding |
A summary of issued bonds outstanding as of December 31, 2025, is as follows (in millions of dollars, except percentages): | | | | | | | | | | | | | | | | | | | | | | Currency | Face value of outstanding bonds | Issue Date | Coupon | Maturity Date | Outstanding amount | | Industrial Activities | | | | | | | | | | | | | | Euro Medium Term Notes: | | | | | | | CNH Industrial Finance Europe S.A.(1) | EUR | 600 | March 25, 2019 | 1.750 | % | March 25, 2027 | $ | 705 | | CNH Industrial Finance Europe S.A.(1) | EUR | 50 | April 21, 2016 | 3.875 | % | April 21, 2028 | 58 | | CNH Industrial Finance Europe S.A.(1) | EUR | 500 | July 3, 2019 | 1.625 | % | July 3, 2029 | 588 | | CNH Industrial Finance Europe S.A.(1) | EUR | 50 | July 15, 2019 | 2.200 | % | July 15, 2039 | 58 | | CNH Industrial N.V.(2) | EUR | 750 | June 11, 2024 | 3.750 | % | June 11, 2031 | 881 | | CNH Industrial N.V.(2) | EUR | 500 | November 26, 2025 | 3.625 | % | January 26, 2033 | 588 | | CNH Industrial N.V.(2) | EUR | 500 | September 3, 2025 | 3.875 | % | September 3, 2035 | 588 | | | Other Bonds: | | | | | | | CNH Industrial N.V.(3) | USD | 500 | November 14, 2017 | 3.850 | % | November 15, 2027 | 500 | | | Hedging effects, bond premium/discount, and unamortized issuance costs | | | | | | (49) | | | Total Industrial Activities | | | | | | $ | 3,917 | | | Financial Services | | | | | | | | CNH Industrial Capital LLC | USD | 500 | October 6, 2020 | 1.875 | % | January 15, 2026 | $ | 500 | | | CNH Industrial Capital LLC | USD | 600 | May 24, 2021 | 1.450 | % | July 15, 2026 | 600 | | | CNH Industrial Capital LLC | USD | 500 | October 9, 2024 | 4.500 | % | October 8, 2027 | 500 | | | CNH Industrial Capital LLC | USD | 500 | March 21, 2025 | 4.750 | % | March 21, 2028 | 500 | | | CNH Industrial Capital LLC | USD | 600 | April 10, 2023 | 4.550 | % | April 10, 2028 | 600 | | | CNH Industrial Capital LLC | USD | 500 | September 13, 2023 | 5.500 | % | January 12, 2029 | 500 | | | CNH Industrial Capital LLC | USD | 600 | March 21, 2024 | 5.100 | % | April 20, 2029 | 600 | | | CNH Industrial Capital LLC | USD | 500 | September 25, 2025 | 4.500 | % | October 16, 2030 | 500 | | CNH Industrial Capital Australia Pty. Limited(4) | AUD | 775 | 2023/2025 | 4.700 % 5.800 % | 2026/2028 | 518 | | | CNH Industrial Capital Canada Ltd. | CAD | 400 | August 11, 2023 | 5.500 | % | August 11, 2026 | 292 | | | CNH Industrial Capital Canada Ltd. | CAD | 400 | March 25, 2024 | 4.800 | % | March 25, 2027 | 292 | | | CNH Industrial Capital Canada Ltd. | CAD | 300 | October 10, 2024 | 4.000 | % | April 11, 2028 | 219 | | | CNH Industrial Capital Canada Ltd. | CAD | 500 | June 5, 2025 | 3.750 | % | June 5, 2029 | 366 | | CNH Industrial Capital Argentina S.A.(5) | USD | 160 | 2024/2025 | 6.000 % 8.250 % | 2026/2028 | 160 | | Banco CNH Industrial Capital S.A.(6) | BRL | 3,650 | 2021/2025 | 12.140 % 18.630 % | 2026/2032 | 663 | | | Hedging effects, bond premium/discount, and unamortized issuance costs | | | | | | (8) | | | Total Financial Services | | | | | | $ | 6,802 | |
(1)Bond listed on the regulated market of Euronext Dublin (2)Bond listed on the Global Exchange Market of Euronext Dublin (3)Bond listed on the New York Stock Exchange (4)Comprised of 4 bonds issued that range in coupon rates of 4.700% and 5.800% and mature between July 13, 2026 and June 20, 2028. (5)Comprised of 5 bonds issued that range in coupon rates of 6.000% and 8.250% and mature between March 2, 2026 and November 12, 2028. (6)Comprised of 22 bonds issued that range in coupon rates of 12.140% and 18.630% and mature between May 9, 2026 and December 22, 2032. A summary of total debt as of December 31, 2025 and 2024, is as follows (in millions of dollars):
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | As of December 31, | | 2025 | | 2024 | | Industrial Activities | | Financial Services | | Consolidated | | Industrial Activities | | Financial Services | | Consolidated | | Total bonds | $ | 3,917 | | | $ | 6,802 | | | $ | 10,719 | | | $ | 3,774 | | | $ | 6,022 | | | $ | 9,796 | | | Asset-backed debt | — | | | 11,294 | | | 11,294 | | | — | | | 11,965 | | | 11,965 | | | Other debt | 187 | | | 4,562 | | | 4,749 | | | 269 | | | 4,852 | | | 5,121 | | | Intersegment debt | 281 | | | 203 | | | — | | | 456 | | | 334 | | | — | | | Total Debt | 4,385 | | | 22,861 | | | 26,762 | | | 4,499 | | | 23,173 | | | 26,882 | | | Financial payables to Iveco Group N.V. | 3 | | | 88 | | | 91 | | | 4 | | | 58 | | | 62 | | | Total Debt (including Financial payables to Iveco Group N.V.) | $ | 4,388 | | | $ | 22,949 | | | $ | 26,853 | | | $ | 4,503 | | | $ | 23,231 | | | $ | 26,944 | |
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| Schedule of minimum annual repayments of debt |
A summary of the minimum annual repayments of debt as of December 31, 2025, and thereafter is as follows (in millions of dollars): | | | | | | | | | | | | | | | | | | | | | | | Industrial Activities | | Financial Services | | Consolidated | | 2026 | | $ | 7 | | | $ | 10,085 | | | $ | 10,092 | | | 2027 | | 1,368 | | | 4,006 | | | 5,374 | | | 2028 | | 59 | | | 3,745 | | | 3,804 | | | 2029 | | 588 | | | 2,852 | | | 3,440 | | | 2030 | | 1 | | | 1,274 | | | 1,275 | | | 2031 and thereafter | | 2,119 | | | 731 | | | 2,850 | | | Financial payables to Iveco Group N.V. | | 3 | | | 88 | | | 91 | | | Intersegment debt | | 281 | | | 203 | | | — | | Costs and premium discounts related to issuances | | (38) | | | (35) | | | (73) | | | Total | | $ | 4,388 | | | $ | 22,949 | | | $ | 26,853 | |
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