Audit Information |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Audit Information [Abstract] | |
| Auditor firm ID | 34 |
| Auditor Name | Deloitte & Touche LLP |
| Auditor location | Chicago, Illinois |
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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| Statement of Comprehensive Income [Abstract] | |||
| Net income | $ 505 | $ 1,259 | $ 2,287 |
| Other comprehensive loss, net of tax | |||
| Unrealized gain (loss) on cash flow hedges | (45) | 82 | (56) |
| Changes in retirement plans' funded status | 33 | 3 | (66) |
| Foreign currency translation | (61) | (408) | 40 |
| Share of other comprehensive income (loss) of entities using the equity method | 23 | (28) | 1 |
| Other comprehensive loss, net of tax | (50) | (351) | (81) |
| Comprehensive income | 455 | 908 | 2,206 |
| Less: Comprehensive income attributable to noncontrolling interests | 0 | 12 | 15 |
| Comprehensive income attributable to CNH Industrial N.V. | $ 455 | $ 896 | $ 2,191 |
CONSOLIDATED BALANCE SHEETS (Parenthetical) - € / shares |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Statement of Financial Position [Abstract] | ||
| Common shares, par value (in eur per share) | € 0.01 | € 0.01 |
| Common shares outstanding (in shares) | 1,242,064,719 | 1,248,023,791 |
| Special voting shares outstanding (in shares) | 370,457,350 | 370,994,305 |
| Treasury stock (in shares) | 122,335,477 | 116,376,405 |
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Parenthetical) - $ / shares |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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| Statement of Stockholders' Equity [Abstract] | |||
| Cash dividends declared per common share (in dollars per share) | $ 0.250 | $ 0.470 | $ 0.396 |
Presentation |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| Presentation | Presentation CNH Industrial N.V. is incorporated in, and under the laws of, the Netherlands. CNH is a leading global company in the capital goods sector that develops, manufactures and sells agricultural equipment and construction equipment. In addition, CNH's Financial Services segment offers an array of financial products and services, including: •Retail financing for end customers purchasing or leasing new and/or used CNH equipment and/or other manufacturers' products, as well as other retail financing programs. •Wholesale financing to dealers. The Company has three reportable segments: (i) Agriculture, which develops, manufactures and sells agricultural equipment; (ii) Construction, which develops, manufactures and sells construction equipment; and (iii) Financial Services, which provides financial services to customers of the Company's products. The Company's global agricultural equipment and construction equipment segments, as well as corporate functions, are collectively referred to as "Industrial Activities". The Company was formed as a result of the merger of Fiat Industrial S.p.A. and its subsidiary CNH Global N.V. with and into CNH, effective September 29, 2013.
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Summary of Significant Accounting Policies |
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| Accounting Policies [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||
| Summary of Significant Accounting Policies | Summary of Significant Accounting Policies Principles of Consolidation and Basis of Presentation CNH has prepared the accompanying Consolidated Financial Statements in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The Consolidated Financial Statements include CNH Industrial N.V. and its consolidated affiliates. The Consolidated Financial Statements are expressed in U.S. dollars and unless otherwise indicated, all financial data set forth in these Consolidated Financial Statements are expressed in U.S. dollars. The Consolidated Financial Statements include the accounts of CNH's subsidiaries in which CNH has a controlling financial interest, and reflect the noncontrolling interests of the minority owners of the subsidiaries that are not fully owned for the periods presented, as applicable. A controlling financial interest exists when the Company holds a majority voting interest of an entity or determines that it is the primary beneficiary of a VIE. The primary beneficiary is the party with both the power to direct the activities that most significantly affect the VIE’s economic performance and the obligation to absorb losses or the right to receive benefits that could be significant to the entity. The Company evaluates its status as primary beneficiary on an ongoing basis in accordance with VIE consolidation guidance, and the consolidation status of VIEs may change as a result of these reassessments. Investments in unconsolidated affiliates are accounted for using the equity method when CNH does not have a controlling interest but exercises significant influence. Under this method, the investment is initially recorded at cost and is increased or decreased by CNH's proportionate share of the entity's respective net income or loss. Dividends received from these entities reduce the carrying value of the investments. Business Combinations Business combinations are accounted for by applying the acquisition method. Under this method, the consideration transferred in a business combination is measured at fair value, which is calculated as the sum of the acquisition-date fair values of the assets transferred and liabilities assumed by the Company and the equity interests issued in exchange for control of the acquiree. Acquisition-related costs are generally recognized in profit or loss as incurred. On October 12, 2023, CNH closed on its purchase of Hemisphere, a global satellite navigation technology leader, for a total consideration of $181 million. On March 15, 2023, CNH acquired a controlling interest in Bennamann, increasing its ownership to just over 50.0% through the purchase of an additional 34.4% interest for approximately $51 million in cash. On March 13, 2023, CNH acquired the remaining 89.5% of Augmenta for cash consideration of approximately $80 million, and a deferred payment of $10 million. Use of Estimates in the Preparation of Financial Statements The preparation of Consolidated Financial Statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities, and reported amounts of revenues and expenses. Significant estimates in these Consolidated Financial Statements include allowance for credit losses; fair values for goodwill impairment tests; residual values of equipment on operating leases; sales allowances; liabilities for warranties; obligations related to employee benefits; realizability of deferred tax assets; and contingent liabilities. Actual results could differ from these estimates. Revenue Recognition Revenue is recognized when control of the equipment, services or parts has been transferred and the Company's performance obligations to the customers have been satisfied. Revenue is measured as the amount of consideration the Company is entitled to receive in exchange for transferring goods or providing services. The timing of when the Company transfers control of the goods or services to the customer may differ from the timing of the customer's payment. Revenues are stated net of discounts, allowances, settlement discounts and rebates, as well as sales incentive program costs, which are determined on the basis of historical costs, country by country, and charged against profit for the period in which the corresponding sales are recognized. The Company also enters into contracts with multiple performance obligations. For these contracts, the Company allocates revenue from the transaction price to the distinct goods and services in the contract on a relative standalone selling price basis. To the extent the Company sells the goods or services separately in the same market, the standalone selling price is the observable price at which the Company sells the goods or services separately. For all other goods or services, the Company estimates the standalone selling price considering all information reasonably available (including market conditions, entity-specific factors and information about the customer or class of customer). Sales of goods The Company's customers for equipment and parts consist of dealers, distributors, public entities and retail customers. The Company recognizes revenue at a point in time when control has transferred to the customer at the amount of consideration that the Company expects to be entitled. In most of the jurisdictions where the Company operates, and subject to specific exceptions, transfer of control occurs upon shipment. For certain sales transactions, the equipment may be temporarily held at our location under a bill-and-hold arrangement, whereby the Company bills a customer for equipment that will be picked up by the customer or its designated carrier at a later date. Under these arrangements, control typically transfers when the product is ready for physical transfer to the customer and cannot be directed to another customer, risk and rewards of ownership are transferred to the customer and the Company has a present right to payment. We have elected to recognize shipping and handling activities that may occur after control has transferred as fulfillment costs, which are presented in "Cost of goods sold". For all sales, no uncertainty exists surrounding the purchaser's obligation to pay for equipment and parts. Fixed payment schedules exist for all sales, but payment terms vary by geographic market and product line. See "Note 4: Receivables for information about financing payment terms. The Company records an appropriate allowance for credit losses. The cost of incentives, if any, are estimated at the inception of a contract at the amount that is expected to be paid and is recognized as a reduction in revenue at the time of the sale. If an equipment contract transaction has multiple performance obligations, the cost of incentives is allocated entirely to the equipment. If the estimate of the incentive changes following the sale to the customer, the change in estimate is recognized as an adjustment to revenue in the period of the change. CNH grants certain sales incentives to support sales of its products to retail customers. At the later of the time of sale or the time an incentive is announced to dealers, CNH records the estimated impact of sales allowances in the form of dealer and customer incentives as a reduction of revenue. Subsequent adjustments to sales incentive programs related to products previously sold are recognized as an adjustment to revenues in the period the adjustment is determinable. The determination of sales allowances requires management to make estimates based upon historical data, estimated future market demand for products, field inventory levels, announced incentive programs, competitive pricing and interest rates, among other things. Sales to dealers may be accompanied by floorplan agreements under which the Company offers wholesale financing, which may include "interest-free" financing for a specified period of time (which also vary by geographic market and product line; see "Note 4: Receivables" for further information). Concurrent with the sale of the equipment, Industrial Activities offers to the dealer wholesale financing through loans extended by Financial Services. Industrial Activities compensates Financial Services for the cost of the interest-free period. The interest-free financing represents a financing component, and therefore is recognized upfront as a reduction of net sales of Industrial Activities. The compensation received by Financial Services from Industrial Activities for the period of the interest-free financing and the interest charged to the dealer for the remaining period is recognized by Financial Services over the period of the outstanding exposure. For parts sales, when the Company provides its customers with a right to return a transferred product, revenue and corresponding cost of sales are recognized for parts that are not expected to be returned. The expected returns are estimated based on an analysis of historical experience. The portion of revenue (and corresponding cost of sales) related to the parts that are expected to be returned is recognized at the end of the return period. The amount received or receivable that is expected to be returned is recognized as a refund liability, representing the obligation to return the customer's consideration. Furthermore, at the time of the initial sale, CNH recognizes a return asset for the right to recover the goods returned by the customer. This asset is initially measured at the former carrying amount of the inventory. At each reporting date, both the refund liability and the return asset are remeasured to record any revisions to the expected level of returns, as well as any decreases in the value of the returned products. Rendering of services Revenues from services are primarily from extended warranties and maintenance and repair services. These revenues are recognized over the contract period as the costs are incurred, which occurs when claims are submitted by the dealer. Amounts invoiced to customers for which CNH receives consideration prior to satisfying the related performance obligation are recorded as contract liabilities. These services are either separately priced or included in the equipment's selling price. When included in the selling price, revenue is allocated to the service component based on its estimated stand-alone selling price. In the event that the costs expected to be incurred to satisfy the remaining performance obligations exceed the transaction price, an estimated contract loss is recognized. Finance and interest income Finance and interest income on receivables is recorded using the effective yield method. Deferred costs on the origination of financing receivables are recognized as a reduction in finance revenue over the expected lives of the receivables using the effective yield method. Recognition of income on loans is suspended when management determines that collection of future income is not probable or when an account becomes 90 days past due, whichever occurs earlier. Income accrual is resumed when and if the receivable becomes contractually current and collection becomes probable. Previously suspended income is recognized at that time. The Company applies cash received on nonaccrual financing receivables to first reduce any unrecognized interest and then the recorded investment and any other fees. Rents and other income on operating leases Income from operating leases is recognized over the term of the lease on a straight-line basis. Sales Allowances CNH grants certain sales allowances to promote the sale of its products to retail customers. The cost for such allowance programs are recorded as a deduction from gross sales at the time of the sale of the product to the dealer. The cost for new programs is accrued at the inception of the program. The amounts of incentives to be paid are estimated based upon historical data, estimated future market demand for products, field inventory levels, announced incentive programs, competitive pricing and interest rates, among other things. Warranty Costs At the time revenue is recognized for equipment or parts sales, CNH records an estimate of future base warranty costs. Total warranty liabilities are determined using historical claims rate and applicable contractual terms for products still under warranty. Quality campaigns are formal post-production modification programs approved by management. The liabilities for such programs are recognized when approved, based on an estimate of the total cost of the program. Warranty liabilities include estimated costs for parts owned by dealers that are utilized for warranty repairs, including parts sold by CNH to dealers prior to their utilization in warranty repairs. Advertising CNH expenses advertising costs as incurred. Advertising expenses totaled $125 million, $120 million and $148 million for the years ended December 31, 2025, 2024 and 2023, respectively. Research and Development Research and development costs are expensed as incurred. Borrowing Costs Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, and those that require a substantial period of time to be made ready for their intended use or sale, are capitalized and amortized over the useful life of the related asset class. All other borrowing costs are expensed when incurred. Government Grants Government grants are recognized in the financial statements when the Company has reasonable assurance that it will meet the grant conditions and receive the funds. Government grants are recognized as income over the periods in which the related costs are incurred. The benefit of a government loan at a below-market rate of interest is treated as a government grant. The benefit is measured as the difference between the loan's initial carrying amount (fair value plus transaction costs) and the proceeds received. The loan is accounted for in accordance with the Company's government grant policies. Foreign Currency Certain of CNH's non-U.S. affiliates maintain their books and accounting records using local currency as the functional currency. Assets and liabilities of these non-U.S. affiliates are translated into U.S. dollars at period-end exchange rates. Translation adjustments are included in "Accumulated other comprehensive income (loss)" within the Company's Consolidated Balance Sheets. Income and expense accounts of these non-U.S. subsidiaries are translated at the average exchange rates for the period. Gains and losses from foreign currency transactions are included in net income in the period during which they arise. Net foreign currency transaction gains and losses, including the cost of hedging instruments, are reflected in "Other, net" in the accompanying Consolidated Statements of Operations. Cash and Cash Equivalents Cash equivalents are highly liquid investments with an original maturity of three months or less. The carrying value of cash equivalents approximates fair value because of the short maturity of these investments. Restricted Cash Restricted cash consists of principal and interest payments from retail notes and wholesale receivables owned by the consolidated VIEs that are payable to the VIEs' investors, as well as cash pledged as a credit enhancement to those same investors. These amounts are held by depository banks in order to comply with contractual agreements. Restricted cash equivalents also include balances held under escrow exclusively for the repayment of the pension obligations relating to U.K. Pension plans. Cash Flow Information All cash flows from the changes in trade accounts and notes receivable are classified as operating activities in the consolidated statements of cash flows as these receivables arise from sales to CNH's customers. Cash flows from financing receivables that are related to sales to CNH's dealers are also included in operating activities. CNH's financing of receivables related to equipment sold by dealers is included in investing activities. CNH paid interest of $1,462 million, $1,598 million and $1,091 million for the years ended December 31, 2025, 2024 and 2023, respectively. In 2025, "Other non-cash items" of $647 million primarily included amortization of debt issuance costs and discounts of $45 million, writedowns of financial assets of $313 million, a $172 million non-cash impairment charge related to IPR&D acquired as part of the Raven and Bennamann acquisitions, and $62 million charge related to investments in unconsolidated affiliates. In 2024, "Other non-cash items" of $340 million primarily included amortization of debt issuance costs and discounts of $71 million and writedowns of financial assets of $204 million. In 2023, "Other non-cash items" of $183 million primarily included share-based payments of $99 million and writedowns of financial assets of $80 million. In 2025, Investing Activities - "Other, net" consisted of change in related party receivable/payable with Iveco Group of $(117) million. In 2024, Investing Activities - "Other, net" included change in related party receivable/payable with Iveco Group of $151 million. In 2023, Investing Activities - "Other, net" included cash paid for business acquisitions of $312 million. Receivables Receivables are recorded at amortized cost, net of allowances for credit losses and deferred fees and costs. Periodically, the Company sells or transfers retail notes and wholesale receivables to funding facilities or in securitization transactions. In accordance with the accounting guidance regarding transfers of financial assets and the consolidation of VIEs, the majority of the retail notes and wholesale receivables sold in securitizations do not qualify as sales and are recorded as secured borrowings with no gains or losses recognized at the time of securitization. Receivables associated with these securitization transactions and receivables that the Company has the ability and intent to hold for the foreseeable future are classified as held for investment. The substantial majority of the Company’s receivables, which include unrestricted receivables and restricted receivables for securitization investors, are classified as held for investment. Allowance for Credit Losses The allowance for credit losses is the Company's estimate of the lifetime expected credit losses inherent in the trade receivables and financing receivables owned by the Company. Retail receivables primarily include retail notes and finance leases to end use customers and revolving charge accounts, which represent financing for customers to purchase parts, service, rentals, implements and attachments from CNH dealers. Wholesale receivables include dealer floorplan financing, and to a lesser extent, the financing of dealer operations. Typically, our receivables within a geographic area have similar risk profiles and methods for assessing and monitoring risk. Retail customer receivables that share the same risk characteristics such as, collateralization levels, geography, product type and other relevant factors are reviewed on a collective basis using measurement models and management judgment. The allowance for retail credit losses is based on loss forecast models that consider a variety of factors that include, but are not limited to, historical loss experience, collateral value, portfolio balance and delinquency. The loss forecast models are updated on a quarterly basis. The calculation is adjusted for forward-looking macroeconomic factors, such as Gross Domestic Product and Net Farm Income. The forward-looking macroeconomic factors are updated quarterly. In addition, qualitative factors that are not fully captured in the loss forecast models are considered in the evaluation of the adequacy of the allowance for credit losses. These qualitative factors are subjective and require a degree of management judgment. Trade and wholesale receivables that share the same risk characteristics such as, collateralization levels, term, geography and other relevant factors are reviewed on a collective basis using measurement models and management judgment. The allowance for trade and wholesale credit losses is based on loss forecast models that consider a variety of factors that include, but are not limited to, historical loss experience, collateral value, portfolio balance and delinquency. The loss forecast models are updated on a quarterly basis. The calculation is adjusted for forward-looking macroeconomic factors, such as industry sales volumes. The forward-looking macroeconomic factors are updated quarterly. In addition, qualitative factors that are not fully captured in the loss forecast models are considered in the evaluation of the adequacy of the allowance for credit losses. These qualitative factors are subjective and require a degree of management judgment. Retail, trade and wholesale receivables that do not have similar risk characteristics are individually reviewed based on, among other items, amounts outstanding, days past due and prior collection history. Expected credit losses are measured by considering: the probability-weighted estimates of cash flows and collateral value; the time value of money; current conditions and forecasts of future economic conditions. Expected credit losses are measured as the probability-weighted present value of all cash shortfalls (including the value of the collateral, if appropriate) over the expected life of each financial asset. Charge-offs of principal amounts of receivables outstanding are deducted from the allowance at the point when it is estimated that amounts due are deemed uncollectible. Revolving charge accounts are generally deemed to be uncollectible and charged off to the allowance for credit losses when delinquency reaches 120 days. Inventories Inventories are stated at the lower of cost or net realizable value. Cost is determined by the first-in, first-out method. The cost of finished goods and work-in-progress includes the cost of raw materials, other direct costs and production overheads. Property, Plant and Equipment Property, plant and equipment are stated at cost, less accumulated depreciation. Expenditures for maintenance and repairs are expensed as incurred. Assets held under finance leases, for which the Company assumes substantially all the risks and rewards of ownership, are recognized as assets of the Company at the lower of fair value or present value of the minimum lease payments. The corresponding liability to the lessor is included in the financial statements as debt. Depreciation is recorded on a straight-line basis over the estimated useful lives of the respective assets as follows:
Impairment of Long-Lived Assets CNH evaluates the recoverability of the carrying amount of long-lived assets whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be fully recoverable. If circumstances require a long-lived asset or asset group to be tested for possible impairment, CNH compares the carrying amount of an asset or asset group to future undiscounted net cash flows expected to be generated by the asset. If the carrying amount of the long-lived asset or asset group is not recoverable on an undiscounted cash flow basis, an impairment is recognized to the extent that the carrying amount exceeds its fair value. Goodwill and Other Intangible Assets Goodwill represents the excess of the aggregate purchase price over the fair value of the net assets acquired. Other indefinite-lived assets primarily consist of IPR&D, software in progress and acquired trademarks which have no legal, regulatory, contractual, competitive, economic, or other factor that limits their useful life. Goodwill and indefinite-lived intangible assets are not amortized and are reviewed for impairment at least annually. At December 31, 2025 and 2024, the Company performed its annual goodwill impairment review and determined there was no impairment to goodwill. At December 31, 2025 and 2024, the Company performed its annual impairment reviews of indefinite-lived intangible assets. The Company recorded a $123 million non-cash impairment charge in 2025 and an $11 million charge in 2024 related to IPR&D acquired as part of the Raven acquisition. In addition, as a result of an interim triggering event during the third quarter of 2025, the Company performed an interim impairment review of IPR&D acquired as part of the Bennamann acquisition and recorded a non-cash impairment charge of $49 million. Definite-lived intangible assets consist primarily of acquired dealer networks, product drawings, patents, and capitalized software. Software costs capitalized by CNH primarily relate to costs incurred in the production of software to be embedded in our products. Capitalized software costs are included in "Other intangible assets, net" on our Consolidated Balance Sheets. Capitalization of software costs begins when technological feasibility has been established and ends upon reaching commercialization. Amortization of definite-lived intangible assets occurs on a straight-line basis over the useful life of the asset which is primarily 2 – 5 years for capitalized software and 5 - 25 years for other definite-lived intangible assets. As stated above, the Company evaluates the recoverability of the carrying amount of long-lived assets, which include definite-lived intangible assets, whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be fully recoverable. If circumstances require a long-lived asset to be tested for possible impairment, the carrying amount of an asset or asset group is compared to future undiscounted net cash flows expected to be generated by the asset or asset group. If the carrying amount of the long-lived asset or asset group is not recoverable on an undiscounted cash flow basis, an impairment is recognized to the extent that the carrying amount exceeds its fair value. Reference is made to "Note 9: Goodwill and Other Intangibles" for further information regarding goodwill and other intangible assets. Income Taxes The provision for income taxes is determined using the asset and liability method. CNH recognizes a current tax liability or asset for the estimated taxes payable or refundable on tax returns for the current year and tax contingencies estimated to be settled with taxing authorities within one year. A deferred tax liability or asset is recognized for the estimated future tax effects attributable to temporary differences and tax attributes. The measurement of current and deferred tax liabilities and assets is based on provisions of enacted tax law. Valuation allowances are recorded to reduce deferred tax assets when it is more likely than not that a tax benefit will not be realized based on available evidence. Derivatives The Company uses derivative transactions to manage exposures that arise in the normal course of business and not for trading or speculative purposes. All derivative financial instruments are recorded in the Consolidated Balance Sheets as either an asset or a liability measured at fair value. The fair value of CNH's foreign exchange derivatives is based on quoted market exchange rates, adjusted for the respective interest rate differentials (premiums or discounts). The fair value of CNH's interest rate derivatives is based on discounting expected cash flows, using market interest rates, over the remaining term of the instrument. Changes in the fair value of derivative financial instruments are recognized in current income unless specific hedge accounting criteria are met. For derivative financial instruments designated to hedge exposure to changes in the fair value of a recognized asset or liability, the gain or loss is recognized in income in the period of change, together with the offsetting loss or gain on the related hedged item. For derivative financial instruments designated to hedge exposure to variable cash flows of a forecasted transaction, the derivative financial instrument's gain or loss is initially reported in "Accumulated other comprehensive income (loss)" and is subsequently reclassified into income when the forecasted transaction affects income. For derivative financial instruments that are not designated as hedges but held as economic hedges, the gain or loss is recognized immediately in income. For derivative instruments designated as hedges, CNH formally documents the hedging relationship, the risk being hedged, and its risk management objective. Fair value hedges are linked to specific recognized assets or liabilities. Cash flow hedges are linked to specific forecasted transactions or variability in expected cash flows. CNH evaluates hedge effectiveness at inception and on an ongoing basis. If a derivative is determined to be ineffective or if the forecasted transaction is no longer probable, hedge accounting is discontinued and the derivative is subsequently remeasured at fair value with changes recognized in income. Reference is made to "Note 16: Financial Instruments" for further information regarding CNH's use of derivative financial instruments. Share-Based Compensation Plans CNH measures all share-based compensation as an expense based on the fair value of each award on the grant date. CNH recognizes share-based compensation costs on a straight-line basis over the requisite service period for each separately vesting portion of an award. New Accounting Pronouncements Adopted in 2025 Improvements to income tax disclosures In December 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2023-09, Improvements to Income Tax Disclosures, to enhance the transparency and decision usefulness of income tax disclosures primarily related to the rate reconciliation and income taxes paid information. The amendments in this update are effective for annual periods beginning after December 15, 2024, and may be applied prospectively or retrospectively. The Company adopted ASU 2023-09 prospectively for the period ending December 31, 2025 with updates to the annual income tax disclosures within Footnote 12: Income Taxes. The adoption of the ASU does not impact our results of operations. Not Yet Adopted Government Grants: Accounting for Government Grants Received by Business Entities In December 2025, the FASB issued ASU 2025-10, Government Grants (Topic 832): Accounting for Government Grants Received by Business Entities, which provides updated guidance on the recognition, measurement, and presentation of government grants. The ASU will be effective for annual reporting periods beginning after December 15, 2028, including interim periods within those years, with early adoption permitted. The Company is currently evaluating the impact on its consolidated financial statements and related disclosures. Hedge Accounting Improvements In November 2025, the FASB issued ASU 2025‑09, Derivatives and Hedging (Topic 815): Hedge Accounting Improvements, which expands hedge accounting eligibility, clarifies cash flow hedge effectiveness, and provides guidance on forecasted interest payments and reference rate reform. The standard is effective for fiscal years beginning after December 15, 2026, including interim periods within those years, with early adoption permitted. Adoption requires a modified retrospective application, with a cumulative‑effect adjustment to opening retained earnings. The ASU is not expected to have a material impact on the Company's consolidated financial statements and related disclosures. Accounting for Internal-Use Software In September 2025, the FASB issued ASU 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40) Targeted Improvements to the Accounting for Internal-Use Software, which simplifies the capitalization guidance by removing all references to software development project stages. Under this standard, eligible software development costs will begin capitalization when management has authorized and committed to funding the software project, and it is probable that the project will be completed and the software will be used to perform the function intended. This update is effective for annual reporting periods beginning after December 15, 2027, and for interim periods within those annual reporting periods, with early adoption permitted. The Company is evaluating the impact of this guidance on its consolidated financial statements and related disclosures. Measurement of Credit Losses for Accounts Receivable and Contract Assets In July 2025, the FASB issued ASU 2025-05, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets, which introduces an optional practical expedient for estimating expected credit losses on current accounts receivable and contract assets. The Company has reviewed the guidance and determined that it will not elect the practical expedient, as it does not provide a benefit to the Company's existing credit loss estimation process. The standard is effective for annual reporting periods beginning after December 15, 2025, and interim periods within those annual reporting periods. Early adoption is permitted, and the guidance is to be applied prospectively after the adoption date. Adoption of the ASU is not expected to have a material impact on the Company's consolidated financial statements and related disclosures. Business Combinations and Consolidations In May 2025, the FASB issued ASU 2025-03, Business Combinations (Topics 805) and Consolidation (Topic 810): Determining the Accounting Acquirer in the Acquisition of a Variable Interest Entity. This standard clarifies the guidance in determining the accounting acquirer in a business combination effected primarily by exchanging equity interests when the acquiree is a VIE that meets the definition of a business. The amendments in this update are effective for interim reporting periods and fiscal years beginning after December 15, 2026, including interim periods within those fiscal years. Adoption of the ASU is not expected to have a material impact on the Company's consolidated financial statements and related disclosures. Expense Disaggregation Disclosures In November 2024, the FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40) to improve the disclosures about a public business entity’s expenses and provide more detailed information about the types of expenses included in certain expense captions in the Consolidated Financial Statements. The amendments in this update are effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027. The Company is evaluating the impact this guidance will have on the disclosures in the Consolidated Financial Statements and related disclosures.
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| Revenue | Revenue The following table summarizes revenues for the years ended December 31, 2025, 2024 and 2023 (in millions of dollars):
The following table disaggregates revenues by major source for the years ended December 31, 2025, 2024 and 2023 (in millions of dollars):
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).
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Receivables |
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| Receivables [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Receivables | Receivables Trade Receivables, net As of December 31, 2025 and 2024, the Company had trade receivables of $226 million and $125 million, respectively. Trade receivables are shown net of allowances for credit losses of $27 million and $21 million at December 31, 2025 and 2024 respectively. Trade accounts have significant concentrations of credit risk in the Agriculture and Construction segments. There is not a disproportionate concentration of credit risk in any geographic region. The Industrial Activities businesses sell a significant portion of their trade receivables to Financial Services and provide compensation to Financial Services at approximate market interest rates. Financing Receivables, net A summary of financing receivables included in the Consolidated Balance Sheets as of December 31, 2025 and 2024 is as follows (in millions of dollars):
Included in the financing receivables balance at December 31, 2025 and 2024, is unearned finance income and unamortized deferred fees and costs of $722 million and $533 million, respectively, and allowance for credit losses of $572 million and $424 million, respectively. CNH provides and administers retail note and lease financing to end-use customers for the purchase of new and used equipment and components sold through its dealer network, as well as revolving charge account financing. The terms of retail notes and finance leases generally range from to seven years, and interest rates vary depending on the prevailing market interest rates and certain incentive programs offered on behalf of and sustained by Industrial Activities. Revolving charge accounts are generally accompanied by higher interest rates than the Company's other retail financing products, require minimum monthly payments and do not have pre-determined maturity dates. Wholesale receivables arise primarily from dealer floorplan financing, and to a lesser extent, from the financing of dealer operations. Under the standard terms of the wholesale receivable agreements, these receivables typically have "interest-free" periods of up to twelve months and stated original maturities of up to twenty-four months, with repayment accelerated upon the sale of the underlying equipment by the dealer. During the interest-free period, Financial Services is compensated by Industrial Activities based on market interest rates. After the expiration of any "interest-free" period, interest is charged to dealers on outstanding balances until CNH receives payment in full. The "interest-free" periods are determined based on the type of equipment sold and the time of year of the sale. The Company evaluates and assesses dealers on an ongoing basis as to their creditworthiness. CNH may be obligated to repurchase the dealer's equipment upon cancellation or termination of the dealer's contract for such causes as change in ownership, closeout of the business, or default. There were no significant losses in 2025, 2024 or 2023 relating to the termination of dealer contracts. Maturities of financing receivables as of December 31, 2025 are as follows (in millions of dollars):
It has been the Company's experience that substantial portions of retail receivables, which include retail notes and finance leases, are repaid before their contractual maturity dates. As a result, the above table should not be regarded as a forecast of future cash collections. Financing receivables has significant concentrations of credit risk in the agriculture and construction business sectors. On a geographic basis, there is not a disproportionate concentration of credit risk in any area. The Company typically retains, as collateral, a security interest in the equipment associated with retail and wholesale receivables, while revolving charge accounts are generally unsecured. Transfers of Financial Assets As part of its overall funding strategy, CNH periodically transfers certain receivables into bankruptcy-remote special purpose entities ("SPEs") as part of its asset-backed securitization ("ABS") programs or through factoring transactions. Assets transferred to SPEs are legally isolated and their related cash flows are restricted to satisfy the SPEs’ obligations. The SPEs, including certain VIE trusts, are consolidated as CNH has both the power to direct their significant activities and exposure to potentially significant benefits or losses. Accordingly, transfers to these entities do not qualify for sale accounting and are recorded as secured borrowings. CNH may retain subordinated interests but does not guarantee securities issued by the trusts. CNH provides customary representations and warranties, which may require it to repurchase receivables if those representations or warranties are breached. The trusts generally terminate upon final investor distributions or exercise of a cleanup call. Factoring transactions may be with or without recourse. Transfers that include deferred purchase price features, first‑loss positions, or other forms of continuing involvement do not meet the criteria for derecognition. In those cases, CNH continues to recognize the receivables and records a corresponding liability within asset‑backed financing. The secured borrowings related to the transferred receivables are obligations that are payable as the receivables are collected. At December 31, 2025 and 2024, the carrying amount of such restricted assets included in financing receivables are the following (in millions of dollars):
Allowance for Credit Losses CNH's allowance for credit losses is segregated into two portfolio products: retail and wholesale. A portfolio product is the level at which CNH develops a systematic methodology for determining its allowance for credit losses. Further, the class of receivables by which CNH evaluates its portfolio products is by geographic region. Typically, CNH's receivables within a geographic area have similar risk profiles and methods for assessing and monitoring risk. The classes align with management reporting. Allowance for credit losses activity for the year ended December 31, 2025, is as follows (in millions of dollars):
For the period ended on December 31, 2025, the allowance for credit losses included an increase in retail reserves of $121 million for Brazil as compared to December 31, 2024. This increase reflects Brazilian market conditions, primarily related to current crop prices, flooding, and drought events. CNH plans to continue updating the macroeconomic factors in future periods, as warranted. The provision for credit losses is included in "Selling, general and administrative" expenses in the Consolidated Statements of Operations. Allowance for credit losses activity for the year ended December 31, 2024, is as follows (in millions of dollars):
Allowance for credit losses activity for the year ended December 31, 2023, is as follows (in millions of dollars):
CNH assesses and monitors the credit quality of its financing receivables based on delinquency status. Receivables are considered past due if the required principal and interest payments have not yet been received as of the date such payments were due. Delinquency is reported on financing receivables greater than 30 days past due. Non-performing financing receivables represent receivables for which CNH has ceased accruing finance income. These receivables are generally over 90 days past due. Accrued interest is charged off to interest income. Interest income charged-off was not material for the year ended December 31, 2025. Interest accrual is resumed if the receivable becomes contractually current and collection becomes probable. Previously suspended income is recognized at that time. As the terms for retail financing receivables are greater than one year, the performing/non-performing information is presented by year of origination for North America, South America and Asia Pacific. The aging of financing receivables and charge-offs by vintage, net of allowance for credit losses, as of December 31, 2025, is as follows (in millions of dollars):
The aging of financing receivables and charge-offs by vintage, net of allowance for credit losses, as of December 31, 2024, is as follows (in millions of dollars):
Modifications CNH periodically modifies the terms of finance receivable agreements with customers experiencing financial difficulties. Typically, the types of modifications granted are payment deferrals, extended contract maturities, modification of a contractual interest rate or waiving of interest and principal. As a collateral-based lender, CNH has recourse to the financed assets on default. The Company continues to monitor the credit quality of these modified financing receivables. CNH's allowance for credit losses incorporates historical loss information, including the effects of the modified financing receivables. Therefore, additional adjustments to the allowance are generally not recorded upon modification of the financing receivable. As of December 31, 2025, modifications of CNH's retail and wholesale receivables for customers experiencing financial difficulties and defaults and subsequent write-offs of receivables modified for the year ended December 31, 2025 were immaterial. Due to conditions in the Brazilian market, including crop prices and extreme weather events like flooding and drought, CNH has offered payment refinancing to South American customers. These refinancings are not deemed to be modifications as they are insignificant adjustments to the contract. To qualify, customers must make partial payments on their outstanding installments. As of December 31, 2025, $126 million of installments were refinanced relating to $513 million of retail Agricultural receivables in South America. As of December 31, 2024, $95 million of installments were refinanced relating to $380 million of retail Agricultural receivables in South America. As of December 31, 2025, these refinancings demonstrated a higher delinquency rate, specifically those greater than 90 days past due, compared to non-refinanced receivables within the portfolio. CNH has taken this into account when provisioning for credit losses.
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Inventories |
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| Inventory Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Inventories | Inventories Inventories as of December 31, 2025 and 2024 consist of the following (in millions of dollars):
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Property, Plant and Equipment |
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| Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property, Plant and Equipment | Property, Plant and Equipment A summary of property, plant and equipment as of December 31, 2025 and 2024 is as follows (in millions of dollars):
Property, plant and equipment recorded under capital leases were immaterial as of December 31, 2025 and 2024. Depreciation expenses on the above property, plant and equipment totaled $267 million, $235 million and $213 million for the years ended December 31, 2025, 2024 and 2023, respectively. The Company had contractual commitments of $48 million and $76 million for the acquisition of property, plant and equipment at December 31, 2025 and 2024, respectively.
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Investments in Unconsolidated Affiliates |
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| Equity Method Investments and Joint Ventures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investments in Unconsolidated Affiliates | Investments in Unconsolidated Affiliates A summary of investments in unconsolidated affiliates as of December 31, 2025 and 2024 is as follows (in millions of dollars):
At December 31, 2025, the Company recognized a $62 million non-cash impairment on our investment in Monarch Tractors and other minority holdings within Other investments, at carrying value. A summary of the combined results of operations and financial position as reported by the investees that CNH accounts for using the equity method is as follows (in millions of dollars, unaudited):
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Leases |
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| Leases [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Leases | Leases Lessee The Company leases certain buildings, plant and machinery, vehicles, and information technology ("IT") equipment for its own use. A lease is a contract that conveys the right to control the use of an identified asset (the leased asset) for a period of time in exchange for consideration. The lease term determined by the Company comprises the non-cancellable period of the lease contract together with both periods covered by an option to extend the lease if the lessee is reasonably certain to exercise that option; and periods covered by an option to terminate the lease if the lessee is reasonably certain not to exercise that option. For real estate leases, this assessment is based on an analysis by management of all relevant facts and circumstances including the leased asset's purpose, the economic and practical potential for replacing and any plans that the Company has in place for the future use of the asset. For lease agreements, we combine lease and non-lease components. For leases with terms not exceeding twelve months (short-term leases), the Company recognizes the lease payments associated with those leases on a straight-line basis over the lease term as operating expense in the Consolidated Statements of Operations. Leases with a term of 12 months or less are not recorded in the Consolidated Balance Sheets. For these leases the Company recognized, on a straight-line basis over the lease term, lease expenses of $4 million, $5 million and $10 million for the year ended December 31, 2025, 2024 and 2023, respectively. For all other leases, the right-of-use asset includes the amount of lease liability recognized, initial direct costs incurred, and lease payments made at or before the commencement date less any lease incentives received. Correspondingly, the Company recognizes a lease liability, measured at the present value of lease payments to be made over the lease term, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Company's incremental borrowing rate. The incremental borrowing rate is determined considering macro-economic factors such as the specific interest rate curve based on the relevant currency and term, as well as specific factors contributing to CNH's credit spread. The Company primarily uses the incremental borrowing rate as the discount rate for its lease liabilities. For finance leases, the right-of-use asset is classified within "Property, plant and equipment, net" and the lease liability, within "Debt". Assets held under finance leases, which the Company assumes substantially all the risks and rewards of ownership, are recognized as assets of the Company at the lower of fair value or present value of the minimum lease payments. In the case of operating leases, the right-of-use asset is classified within "Other assets" and the lease liability, within "Other liabilities". After the commencement date, the Company recognizes in profit or loss a single lease cost, calculated so that the remaining cost of the lease is allocated over the remaining lease term on a straight-line basis. In particular, after lease commencement, the lease liability is measured at the present value of any remaining lease payments, discounted by using the rate determined at lease commencement, consistently with the model used to calculate the liability related to the finance lease. Correspondingly, the right-of-use asset is measured as the lease liability adjusted by accrued or prepaid rents (i.e., the aggregate difference between the cash payment and straight-line lease cost), remaining unamortized initial direct costs and lease incentives, and any impairments of the right-of-use asset. For long-term leases recorded in the Consolidated Balance Sheets, the Company incurred operating lease expenses of $108 million, $106 million and $93 million for the years ended December 31, 2025, 2024 and 2023, respectively. At December 31, 2025 and 2024, the Company recorded approximately $264 million and $275 million of right-of-use asset, respectively, and $272 million and $282 million of lease liability included in " and ", respectively. At December 31, 2025 and 2024, the weighted-average remaining lease term (calculated on the basis of the remaining lease term and the lease liability balance for each lease) and the weighted-average discount rate for operating leases were 4.5 years and 4.6%, and 5.1 and 4.5%, respectively. During the years ended December 31, 2025 and 2024, leased assets obtained in exchange for operating lease obligations were $77 million and $84 million, respectively. During the years ended December 31, 2025 and 2024, operating cash outflow for amounts included in the measurement of operating lease obligations was $108 million and $103 million, respectively. Future minimum lease payments under non-cancellable leases as of December 31, 2025, were as follows (in millions of dollars):
Lessor The Company, primarily through its Financial Services segment, purchases leases and equipment from CNH dealers and other independent third parties that have leased equipment to retail customers under operating leases. Financial Services' investment in operating leases is based on the purchase price paid for the equipment. Income from these operating leases is recognized over the term of the lease. Our leases typically have terms of 3 to 5 years with options available for the lessee to purchase the equipment at the lease term date. The equipment is depreciated on a straight-line basis over the term of the lease to the estimated residual value at lease termination. Residual values are estimated at the inception of the lease and are reviewed quarterly. Realization of the residual values is dependent on Financial Services' future ability to re-market the equipment under then prevailing market conditions. Equipment model changes and updates, as well as market strength and product acceptance, are monitored and adjustments are made to residual values in accordance with the significance of any such changes. Management believes that the estimated residual values are realizable. Expenditures for maintenance and repairs of the applicable equipment are the responsibility of the lessee. Financial Services evaluates the carrying amount of equipment on operating leases for potential impairment when it determines a triggering event has occurred. When a triggering event occurs, a test for recoverability is performed comparing projected undiscounted future cash flows to the carrying amount of the asset. If the test for recoverability identifies a possible impairment, the asset's fair value is measured in accordance with the fair value measurement framework. An impairment charge would be recognized for the amount by which the carrying amount of the asset exceeds its estimated fair value. Equipment returned to the Company upon termination of leases and held for subsequent sale or lease is recorded in inventory at the lower of net book value or estimated fair value of the equipment, less cost to sell, and is not depreciated. Matured operating lease inventory is reported in "Inventory." A summary of equipment on operating leases as of December 31, 2025, and 2024 is as follows (in millions of dollars):
Depreciation expense on equipment under operating leases is recorded in "Other, net" and amounted to $197 million, $188 million and $187 million for the years ended December 31, 2025, 2024 and 2023, respectively. The following table sets out a maturity analysis of operating lease payments, showing the undiscounted lease payments to be received after the reporting date (in millions of dollars):
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| Leases | Leases Lessee The Company leases certain buildings, plant and machinery, vehicles, and information technology ("IT") equipment for its own use. A lease is a contract that conveys the right to control the use of an identified asset (the leased asset) for a period of time in exchange for consideration. The lease term determined by the Company comprises the non-cancellable period of the lease contract together with both periods covered by an option to extend the lease if the lessee is reasonably certain to exercise that option; and periods covered by an option to terminate the lease if the lessee is reasonably certain not to exercise that option. For real estate leases, this assessment is based on an analysis by management of all relevant facts and circumstances including the leased asset's purpose, the economic and practical potential for replacing and any plans that the Company has in place for the future use of the asset. For lease agreements, we combine lease and non-lease components. For leases with terms not exceeding twelve months (short-term leases), the Company recognizes the lease payments associated with those leases on a straight-line basis over the lease term as operating expense in the Consolidated Statements of Operations. Leases with a term of 12 months or less are not recorded in the Consolidated Balance Sheets. For these leases the Company recognized, on a straight-line basis over the lease term, lease expenses of $4 million, $5 million and $10 million for the year ended December 31, 2025, 2024 and 2023, respectively. For all other leases, the right-of-use asset includes the amount of lease liability recognized, initial direct costs incurred, and lease payments made at or before the commencement date less any lease incentives received. Correspondingly, the Company recognizes a lease liability, measured at the present value of lease payments to be made over the lease term, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Company's incremental borrowing rate. The incremental borrowing rate is determined considering macro-economic factors such as the specific interest rate curve based on the relevant currency and term, as well as specific factors contributing to CNH's credit spread. The Company primarily uses the incremental borrowing rate as the discount rate for its lease liabilities. For finance leases, the right-of-use asset is classified within "Property, plant and equipment, net" and the lease liability, within "Debt". Assets held under finance leases, which the Company assumes substantially all the risks and rewards of ownership, are recognized as assets of the Company at the lower of fair value or present value of the minimum lease payments. In the case of operating leases, the right-of-use asset is classified within "Other assets" and the lease liability, within "Other liabilities". After the commencement date, the Company recognizes in profit or loss a single lease cost, calculated so that the remaining cost of the lease is allocated over the remaining lease term on a straight-line basis. In particular, after lease commencement, the lease liability is measured at the present value of any remaining lease payments, discounted by using the rate determined at lease commencement, consistently with the model used to calculate the liability related to the finance lease. Correspondingly, the right-of-use asset is measured as the lease liability adjusted by accrued or prepaid rents (i.e., the aggregate difference between the cash payment and straight-line lease cost), remaining unamortized initial direct costs and lease incentives, and any impairments of the right-of-use asset. For long-term leases recorded in the Consolidated Balance Sheets, the Company incurred operating lease expenses of $108 million, $106 million and $93 million for the years ended December 31, 2025, 2024 and 2023, respectively. At December 31, 2025 and 2024, the Company recorded approximately $264 million and $275 million of right-of-use asset, respectively, and $272 million and $282 million of lease liability included in " and ", respectively. At December 31, 2025 and 2024, the weighted-average remaining lease term (calculated on the basis of the remaining lease term and the lease liability balance for each lease) and the weighted-average discount rate for operating leases were 4.5 years and 4.6%, and 5.1 and 4.5%, respectively. During the years ended December 31, 2025 and 2024, leased assets obtained in exchange for operating lease obligations were $77 million and $84 million, respectively. During the years ended December 31, 2025 and 2024, operating cash outflow for amounts included in the measurement of operating lease obligations was $108 million and $103 million, respectively. Future minimum lease payments under non-cancellable leases as of December 31, 2025, were as follows (in millions of dollars):
Lessor The Company, primarily through its Financial Services segment, purchases leases and equipment from CNH dealers and other independent third parties that have leased equipment to retail customers under operating leases. Financial Services' investment in operating leases is based on the purchase price paid for the equipment. Income from these operating leases is recognized over the term of the lease. Our leases typically have terms of 3 to 5 years with options available for the lessee to purchase the equipment at the lease term date. The equipment is depreciated on a straight-line basis over the term of the lease to the estimated residual value at lease termination. Residual values are estimated at the inception of the lease and are reviewed quarterly. Realization of the residual values is dependent on Financial Services' future ability to re-market the equipment under then prevailing market conditions. Equipment model changes and updates, as well as market strength and product acceptance, are monitored and adjustments are made to residual values in accordance with the significance of any such changes. Management believes that the estimated residual values are realizable. Expenditures for maintenance and repairs of the applicable equipment are the responsibility of the lessee. Financial Services evaluates the carrying amount of equipment on operating leases for potential impairment when it determines a triggering event has occurred. When a triggering event occurs, a test for recoverability is performed comparing projected undiscounted future cash flows to the carrying amount of the asset. If the test for recoverability identifies a possible impairment, the asset's fair value is measured in accordance with the fair value measurement framework. An impairment charge would be recognized for the amount by which the carrying amount of the asset exceeds its estimated fair value. Equipment returned to the Company upon termination of leases and held for subsequent sale or lease is recorded in inventory at the lower of net book value or estimated fair value of the equipment, less cost to sell, and is not depreciated. Matured operating lease inventory is reported in "Inventory." A summary of equipment on operating leases as of December 31, 2025, and 2024 is as follows (in millions of dollars):
Depreciation expense on equipment under operating leases is recorded in "Other, net" and amounted to $197 million, $188 million and $187 million for the years ended December 31, 2025, 2024 and 2023, respectively. The following table sets out a maturity analysis of operating lease payments, showing the undiscounted lease payments to be received after the reporting date (in millions of dollars):
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Goodwill and Other Intangibles |
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| Goodwill and Intangible Assets Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Other Intangibles | Goodwill and Other Intangibles Changes in the carrying amount of goodwill, for the years ended December 31, 2025 and 2024 are as follows (in millions of dollars):
Impairment testing for goodwill is done at a reporting unit level. Under the goodwill impairment test, CNH's estimate of the fair value of the reporting unit is compared with its carrying value. An impairment charge should be recognized for the amount by which the carrying amount exceeds the reporting unit's fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. CNH has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. Goodwill and other indefinite-lived intangible assets are tested for impairment annually or more frequently if a triggering event occurs that would indicate it is more likely than not that the fair value of a reporting unit is less than book value. At December 31, 2025 the Company completed its annual impairment assessment and concluded there were no impairments to goodwill for any of the reporting units. As of December 31, 2025 the estimated fair values of each reporting unit with goodwill exceeded the carrying value by more than 36%. As of December 31, 2025 and 2024, the Company's other intangible assets and related accumulated amortization consisted of the following (in millions of dollars):
During 2025, the Company recorded a $172 million non-cash impairment charge related to the IPR&D assets within the Agriculture segment, including $123 million associated with the Raven acquisition and $49 million related to the Bennamann acquisition. The IPR&D assets acquired through the Raven transaction represent core underlying technology supporting autonomous farming solutions, including the integration of autonomous capabilities into CNH tractors and implements. The impairment charge related to the Raven assets was primarily driven by reduced projected cash flows resulting from revisions to the expected commercialization timeline. The IPR&D assets acquired as part of the Bennamann acquisition relate to technologies that capture methane emissions from livestock waste and convert them into better-than-zero carbon biofuel. The impairment charge related to the Bennamann assets was primarily due to reduced projected cash flows following a narrowing of strategic focus to the cleaning and upgrading of methane waste.These charges are included in "Research and development expenses" in the Consolidated Statements of Operations and in "Other non-cash items" within Operating Activities in the Consolidated Statements of Cash Flows. During 2024, the Company recorded an $11 million impairment charge related to an IPR&D asset in the Agriculture segment, which is also included in "Research and development expenses" in the Consolidated Statements of Operations. CNH recorded amortization expenses of $165 million, $182 million and $164 million during 2025, 2024 and 2023, respectively. Based on the current amount of other intangible assets subject to amortization, the estimated annual amortization expense for each of the succeeding 5 years is expected to be as follows: $160 million in 2026; $136 million in 2027; $87 million in 2028; $60 million in 2029 and $56 million in 2030.
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| Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt | Debt Credit Facilities Lenders of committed credit facilities have the obligation to make advances up to the facility amount. Lenders of uncommitted facilities have the right to terminate the agreement with prior notice to CNH. At December 31, 2025, CNH's available committed unsecured facilities expiring after twelve months amounted to $6.5 billion, of which $1.3 billion for Financial Services ($5.5 billion at December 31, 2024, of which $1.2 billion for Financial Services). Euro 3.25 billion Revolving Credit Facility: On April 19, 2024, the Company terminated its five-year committed revolving credit agreement dated March 18, 2019 (as amended and restated on December 10, 2021) and entered into a new five-year credit agreement, which provides for an unsecured, committed revolving credit facility in an aggregate principal amount equal to €3.25 billion. The Company may elect to increase the total commitments under the credit facility up to an additional €500 million on the terms set forth in the credit agreement. In March 2025, the Company extended the maturity date by one year on the terms set forth in the credit agreement. As such, the credit agreement will mature and all outstanding loans will become due and payable on April 19, 2030, or such later date as may be extended pursuant to a remaining one-year extension option which is available to the Company on the terms set forth in the credit agreement. The credit facility contains customary covenants (including a negative pledge, a status (or pari passu) covenant and restrictions on the incurrence of indebtedness by certain subsidiaries) and customary events of default, some of which are subject to minimum thresholds and customary mitigants (including cross acceleration provisions, failure to pay amounts due or to comply with certain provisions under the credit agreement, the occurrence of certain bankruptcy-related events) and mandatory prepayment obligations upon a change in control of the Company. At December 31, 2025, the Company was in compliance with all covenants in the credit agreement. At December 31, 2025, Financial Services' committed asset-backed facilities expiring after twelve months amounted to $3.7 billion ($3.7 billion at December 31, 2024), of which $3.5 billion at December 31, 2025 ($3.1 billion at December 31, 2024) were utilized. Repurchase Agreement We are a party to a Global Master Repurchase Agreement which expires in September 2026. As of December 31, 2025, the Company had sold, and not yet repurchased, CAD 450.0 million ($328.7 million) of Canadian receivables under the repurchase agreement, with an obligation to repurchase such receivables in 30 days. The repurchase agreement is treated as a financing arrangement for accounting purposes. Commercial Paper Programs CNH Industrial Capital LLC had no outstanding commercial paper as of December 31, 2025 ($100 million outstanding at December 31, 2024). Banco CNH Industrial Capital S.A. outstanding commercial paper totaled $294 million as of December 31, 2025 ($202 million outstanding at December 31, 2024). Support Agreement in the Interest of CNH Industrial Capital LLC CNH Industrial Capital LLC benefits from a support agreement issued by CNH Industrial N.V., pursuant to which CNH Industrial N.V. agrees to, among other things, (a) make cash capital contributions to CNH Industrial Capital LLC, to the extent necessary to cause its ratio of net earnings available for fixed charges to fixed charges to be not less than 1.05:1.0 for each fiscal quarter (with such ratio determined, on a consolidated basis and in accordance with U.S. GAAP, for such fiscal quarter and the immediately preceding three fiscal quarters taken as a whole), (b) generally maintain an ownership of at least 51% of the voting equity interests in CNH Industrial Capital LLC and (c) cause CNH Industrial Capital LLC to have, as of the end of any fiscal quarter, a consolidated tangible net worth of at least $50 million. The support agreement is not intended to be, and is not, a guarantee by CNH Industrial N.V. of the indebtedness or other obligations of CNH Industrial Capital LLC. The obligations of CNH Industrial N.V. to this support agreement are to CNH Industrial Capital LLC only and do not run to, and are not enforceable directly by, any creditor of CNH Industrial Capital LLC, including holders of the CNH Industrial Capital LLC's notes or the trustee under the indenture governing the notes. The support agreement may be modified, amended or terminated, at CNH Industrial N.V.’s election, upon thirty days' prior written notice to CNH Industrial Capital LLC and the rating agencies of CNH Industrial Capital LLC, if (a) the modification, amendment or termination would not result in a downgrade of CNH Industrial Capital LLC rated indebtedness; (b) the modification, amendment or notice of termination provides that the support agreement will continue in effect with respect to the CNH Industrial Capital LLC rated indebtedness then outstanding; or (c) CNH Industrial Capital LLC has no long-term rated indebtedness outstanding. Debt A summary of issued bonds outstanding as of December 31, 2025, is as follows (in millions of dollars, except percentages):
(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):
The weighted-average interest rate on consolidated debt at December 31, 2025, and 2024 was 5.5% and 5.7%, respectively. The bonds issued by CNH may contain commitments of the issuer, and in certain cases commitments of CNH Industrial N.V. in its capacity as guarantor, which are typical of international practice for bond issues of this type such as, in particular, negative pledge (in relation to quoted indebtedness), a status (or pari passu) covenant and cross default clauses. A breach of these commitments can lead to the early repayment of the applicable notes. The bonds guaranteed by CNH Industrial N.V. under the Euro Medium Term Note Programme (and its predecessor the Global Medium Term Note Programme), as well as the notes issued by CNH Industrial N.V., contain clauses which could lead to early repayment if there is a change of control of CNH Industrial N.V. leading to a rating downgrading of CNH Industrial N.V.. At December 31, 2025, the Company was in compliance with such obligations and covenants. Other debt consists primarily of borrowings from banks which are at various terms and rates. Included in Other debt of Financial Services is approximately $1.3 billion and $1.3 billion at December 31, 2025 and 2024, respectively, of funding provided by the Brazilian development agency, BNDES. The program provides subsidized funding to financial institutions to be loaned to customers to support the purchase of agricultural or construction machinery or commercial equipment in accordance with the program. A summary of the minimum annual repayments of debt as of December 31, 2025, and thereafter is as follows (in millions of dollars):
Please refer to "Note 16: Financial Instruments" for fair value information on debt. We sell certain of our financial receivables to third parties in order to improve liquidity, to take advantage of market opportunities and, in certain circumstances, to reduce credit and concentration risk in accordance with our risk management objectives. The sale of financial receivables is executed primarily through ABS transactions and involves retail notes and wholesale receivables originated by our Financial Services subsidiaries from end-use customers and dealers, respectively. At December 31, 2025, our receivables from financing activities included receivables sold and financed through both ABS and factoring transactions of $13.1 billion ($13.9 billion at December 31, 2024), which do not meet derecognition requirements and therefore are recorded on our Consolidated Balance Sheets. These receivables are recognized as such in our financial statements even though they have been legally sold; a corresponding financial liability is recorded in the Consolidated Balance Sheets as debt (see "Note 4: Receivables" to our Consolidated Financial Statements).
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| Supplier Finance Programs | Supply Chain Finance Programs Under the supply chain finance ("SCF") programs, administered by a third party, our suppliers are given the opportunity to sell receivables from us to participating financial institutions at their sole discretion. Our responsibility is limited to making payment on the terms originally negotiated with our supplier, regardless of whether the supplier sells its receivable to a financial institution. The range of payment terms we negotiate with our suppliers is consistent, irrespective of whether a supplier participates in the program. No guarantees are provided by the Company under the SCF program. As of December 31, 2025 and 2024, $95 million and $79 million, respectively, of obligations remain outstanding that we have confirmed as valid to the administrators of the SCF programs. We have no economic interest in a supplier's decision to participate in the SCF program, and we have no direct financial relationship with the financial institutions, as it relates to the SCF program. These balances are included within "" in our Consolidated Balance Sheets and are reflected as "Cash Flows from Operating Activities" in our Consolidated Statements of Cash Flows when settled. Changes in the outstanding obligation for the years ended December 31, 2025 and 2024, are as follows (in millions of dollars):
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| Income Tax Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income Taxes | Income Taxes CNH Industrial N.V. and its subsidiaries have substantial worldwide operations and incur tax obligations in the jurisdictions in which they operate. The Company's provision for income taxes as reported in its Consolidated Statements of Operations for the year ended December 31, 2025, of $184 million consists almost entirely of income taxes related to subsidiaries of CNH Industrial N.V.. The sources of income before taxes and equity in income of unconsolidated affiliates for the years ended December 31, 2025, 2024 and 2023 are as follows (in millions of dollars):
The provision for income taxes for the years ended December 31, 2025, 2024 and 2023 consisted of the following (in millions of dollars):
CNH Industrial N.V. is incorporated in the Netherlands but is a tax resident of the U.K. The reconciliation of the differences between the provision for income taxes and the statutory rate is presented based on the weighted-average of the U.K. statutory corporation tax rates in force over each of the Company's calendar year reporting periods; specifically, the tax rate are 25.0%, 25.0% and 23.5% for the years ended December 31, 2025, 2024 and 2023, respectively. Reconciliation of CNH's income tax expense for the year ended December 31, 2025 in accordance with the guidance in ASU 2023-09 is presented in the following table (in millions of dollars):
(1)Notional interest deduction on qualifying equity under local tax law. Reconciliations of CNH's income tax expense in accordance with the guidance prior to the adoption of ASU 2023-09 for the years ended December 31, 2024 and 2023 are as follows (in millions of dollars):
The reduction in tax expense in 2025 as compared to 2024 was largely attributable to lower profit-before-tax. However, the 2025 effective tax rate increased due to the year-over-year tax impact of Argentina's highly inflationary economy and the non-recognized tax benefits associated with the non-cash impairment charges related to Monarch Tractors and IPR&D acquired as part of the Raven acquisition. In 2025, we also recorded a valuation allowance against deferred tax assets generated by Bennamann. The change in tax expense in 2024 as compared to 2023 was largely attributable to lower income before-tax and the tax impact from Argentina's highly inflationary economy, as identified in the table above. The 2024 tax expense was also reduced by the recognition of $29 million of previously unrecognized deferred tax benefit assets in China, offset by the de-recognition of $35 million of deferred tax assets in Argentina, increases in withholding tax on dividends, and lower benefits from U.S. exports. At December 31, 2025, undistributed earnings in certain subsidiaries outside the U.K. totaled approximately $14 billion, of which $1 billion could give rise to tax costs upon distribution. The company has not recorded a deferred tax liability related to its undistributed earnings because the remittance of earnings to the U.K. would either incur no tax, or because such earnings are indefinitely reinvested. The Company has determined the amount of unrecognized deferred tax liability relating to the $1 billion of undistributed earnings that would be taxable if distributed was approximately $147 million and was attributable to withholding taxes and incremental local country income taxes in certain jurisdictions. The repatriation of undistributed earnings from subsidiaries to the U.K. is generally exempt from U.K. income taxes and as such there is no deferred tax liability associated with the receipt of undistributed earnings by the U.K. tax-resident parent entity from its subsidiaries in non-U.K. jurisdictions. Finally, the Company evaluated the undistributed earnings from joint ventures in which it owned 50% or less and recorded $9 million of deferred tax liabilities as of December 31, 2025. Deferred Income Tax Assets and Liabilities The components of net deferred tax assets as of December 31, 2025 and 2024 are as follows (in millions of dollars):
Net deferred tax assets are reflected in the accompanying Consolidated Balance Sheets as of December 31, 2025 and 2024 as follows (in millions of dollars):
Valuation Allowances As of December 31, 2025, the Company has valuation allowances of $209 million against certain deferred tax assets, including tax loss carry forwards, tax credits and other deferred tax assets. These valuation allowances are primarily attributable to certain operations in Argentina, Germany, and the U.K. CNH has gross tax loss carry forwards in several tax jurisdictions. These tax losses expire as follows: $4 million in 2026; $4 million in 2027; $2 million in 2028; $22 million in 2029; $190 million in 2030 and beyond. CNH also has tax loss carry forwards of approximately $890 million with indefinite lives. CNH has tax credit carry forwards of $44 million of which $3 million will expire in 2026, $2 million will expire in 2027, $5 million will expire in 2028, $4 million will expire in 2029, and $30 million will expire in 2030 and beyond. Income Taxes Paid Income taxes paid, net of refunds, by jurisdiction for the years ended December 31, 2025, 2024 and 2023 were as follows:
Uncertain Tax Positions The Company files income tax returns in multiple jurisdictions and is subject to examination by taxing authorities throughout the world. The Company has open tax years from 2006 to 2025. Due to the global nature of the Company's business, transfer pricing disputes may arise, and the Company may seek correlative relief through the competent authority process. The Company has considered the possibility of correlative relief when booking contingencies related to transfer pricing. The lapsing of statutes, closure of currently on-going audits, or initiation of new audits in the next 12 months is not expected to have a material adverse effect on the Company's financial positions or results of operations. A reconciliation of the gross amounts of tax contingencies at the beginning and end of the year is as follows (in millions of dollars):
As of December 31, 2025, there are $271 million of unrecognized tax benefits before consideration of interest and penalties and $332 million of unrecognized tax benefits after consideration of interest and penalties that, if recognized, would affect the effective tax rate. The Company recognizes interest and penalties accrued related to tax contingencies as part of the income tax provision. During the years ended December 31, 2025, 2024 and 2023, the Company recognized expense of approximately $12 million, $22 million and $7 million for income tax-related interest and penalties, respectively. The Company had approximately $61 million, $47 million and $25 million of income tax-related interest and penalties accrued at December 31, 2025, 2024 and 2023, respectively.
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Employee Benefit Plans and Postretirement Benefits |
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| Retirement Benefits [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Employee Benefit Plans and Postretirement Benefits | Employee Benefit Plans and Postretirement Benefits During the years ended December 31, 2025, 2024 and 2023, CNH recorded expenses of $133 million, $138 million and $145 million, respectively, for its defined contribution plans. Obligations and Funded Status The following summarizes data from CNH's defined benefit pension, healthcare and other postemployment plans for the years ended December 31, 2025 and 2024 (in millions of dollars):
(1)The healthcare and other postemployment plans are not required to be prefunded. The following summarizes data from CNH's defined benefit pension plans by significant geographical area for the years ended December 31, 2025 and 2024 (in millions of dollars):
(1)Pension benefits in Germany and some other countries are not required to be prefunded. Net amounts recognized in the Consolidated Balance Sheets as of December 31, 2025 and 2024 consist of (in millions of dollars):
Pre-tax amounts recognized in accumulated other comprehensive loss as of December 31, 2025, consist of (in millions of dollars):
The following table summarizes the aggregate pension accumulated benefit obligation and fair value of plan assets for pension plans with accumulated benefit obligations in excess of plan assets (in millions of dollars):
The following table summarizes CNH's pension and other postemployment plans with projected benefit obligations in excess of plan assets (in millions of dollars):
The total accumulated benefit obligation for pension was $1,197 million and $1,152 million as of December 31, 2025 and 2024, respectively. Net Periodic Benefit Cost The following summarizes the components of net periodic benefit cost (income) of CNH's defined benefit for the years ended December 31, 2025, 2024 and 2023 (in millions of dollars):
Net periodic benefit cost (income) recognized in net income and other changes in plan assets and benefit obligations that are recognized in other comprehensive loss during the year ended December 31, 2025 consist of (in millions of dollars):
Assumptions The following assumptions were utilized in determining the funded status at December 31, 2025 and 2024, and the net periodic benefit cost of CNH's defined benefit plans for the years ended December 31, 2025, 2024 and 2023 (in percentages):
(1)CNH expects to achieve the ultimate healthcare cost trend rate in 2037 for U.S. plans. A flat trend rate assumption is utilized for the Canada plans. Assumed discount rates are used in measurements of pension, healthcare and other postemployment benefit obligations and interest cost components of net periodic cost. CNH selects its assumed discount rates based on the consideration of equivalent yields on high-quality fixed income investments at the measurement date. The assumed discount rate is used to discount future benefit obligations back to today's dollars. The discount rates for the U.S., European, U.K. and Canadian obligations are based on a benefit cash flow-matching approach and represent the rates at which the benefit obligations could effectively be settled as of the measurement date, December 31. The benefit cash flow-matching approach involves analyzing CNH's projected cash flows against a high-quality bond yield curve, mainly calculated using a wide population of AA-grade corporate bonds subject to minimum amounts outstanding and meeting other defined selection criteria. The discount rates for the Company's remaining obligations are based on benchmark yield data of high-quality fixed income investments for which the timing and amounts of payments approximate the timing and amounts of projected benefit payments. The expected long-term rate of return on plan assets reflects management's expectations on long-term average rates of return on funds invested to provide for benefits included in the projected benefit obligations. The expected return is based on the outlook for inflation, fixed income returns and equity returns while also considering asset allocation and investment strategy, premiums for active management to the extent asset classes are actively managed, and plan expenses. Return patterns and correlations, consensus return forecasts, and other relevant financial factors are analyzed to check for reasonability and appropriateness. The assumed healthcare trend rate represents the rate at which healthcare costs are assumed to increase. Rates are determined based on company-specific experience, consultation with actuaries and outside consultants, and various trend factors including general and healthcare sector-specific inflation projections from the United States Department of Health and Human Services Healthcare Financing Administration. The initial trend is a short-term assumption based on recent experience and prevailing market conditions. The ultimate trend is a long-term assumption of healthcare cost inflation based on general inflation, incremental medical inflation, technology, new medicine, government cost-shifting, utilization changes, an aging population, and a changing mix of medical services. CNH annually reviews the mortality assumptions and demographic characteristics of its pension plan and healthcare plan participants. For its U.S. pension and healthcare plans, the Company continued to use the adopted MP 2021 mortality improvement scale as it continues to be the most current. At this time the Company is not adjusting to the MP 2021 for any short-term or long-term impacts COVID may have on mortality improvement scales issued in the future. For its U.K. pension plans, the Company elected to utilize the CMI 2024 mortality improvement table. The Company uses the spot yield curve approach to estimate the service and interest cost components of the net periodic pension and other postretirement benefit costs by applying the specific spot rates along the yield curve used to determine the benefit obligations to relevant projected cash outflows. Plan Assets The investment strategy for the plan assets depends on the features of the plan and on the maturity of the obligations. Typically, less mature plan benefit obligations are funded by using more equity securities as they are expected to achieve long-term growth exceeding the rate of inflation. More mature plan benefit obligations are funded using more fixed income securities as they are expected to produce current income with limited volatility. Risk management practices include the use of multiple asset classes and investment managers within each asset class for diversification purposes. Specific guidelines for each asset class and investment manager are implemented and monitored. Weighted-average target asset allocation for all plans for December 31, 2025 are as follows:
CNH determines the fair value of plan assets using observable market data obtained from independent sources when available. CNH classifies its plan assets according to the fair value hierarchy: •Level 1—Quoted prices for identical instruments in active markets. •Level 2—Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets. •Level 3—Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. The following summarizes the fair value of plan assets by asset category and levels within the fair value hierarchy as of December 31, 2025 (in millions of dollars):
(1)This category includes mutual funds, which primarily invest in non-U.S. equities and non-U.S. corporate bonds. (2)This category includes open-ended mutual fund, the underlying assets of the mutual fund are illiquid in nature and are not classified in the fair value hierarchy using the net asset per share practical expedient. The following table presents the changes in the Level 3 plan assets for the year ended December 31, 2025 (in millions of dollars):
The following summarizes the fair value of plan assets by asset category and level within the fair value hierarchy as of December 31, 2024 (in millions of dollars):
(1)This category includes mutual funds, which primarily invest in non-U.S. equities and non-U.S. corporate bonds. (2)This category includes open-ended mutual fund, the underlying assets of the mutual fund are illiquid in nature and are not classified in the fair value hierarchy using the net asset per share practical expedient. The following table presents the changes in the Level 3 plan assets for the year ended December 31, 2024 (in millions of dollars):
Contributions CNH expects to contribute (including through direct benefit payments) approximately $45 million to its pension plans, $15 million to its healthcare plans and $7 million to its other postemployment plans in 2026. The benefit expected to be paid from the benefit plans, which reflect expected future years of service, and the Medicare subsidy expected to be received are as follows (in millions of dollars):
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Other Liabilities |
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| Other Liabilities Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other Liabilities | Other Liabilities A summary of "Other liabilities" as of December 31, 2025 and 2024 is as follows (in millions of dollars):
Warranty and Campaign Program As described in "Note 2: Summary of Significant Accounting Policies", CNH pays for basic warranty and other service action costs. A summary of recorded activity for the basic warranty and campaign program accrual for the years ended December 31, 2025 and 2024 are as follows (in millions of dollars):
Restructuring Provision The Company's restructuring program announced in November 2023 targeted both labor and non-labor SG&A expenses. This program was completed in 2024, and the Company has incurred a total of $131 million from launch to December 31, 2024, under this program. The Company incurred restructuring costs of $22 million, $118 million and $67 million for the years ended December 31, 2025, 2024 and 2023, respectively. These costs were as follows: •In 2025, Agriculture, Construction and Financial Services recorded $20 million, $3 million and $(1) million respectively. •In 2024, Agriculture, Construction and Financial Services recorded $104 million, $13 million and $1 million, respectively. •In 2023, Agriculture, Construction and Finance recorded $51 million and $14 million and $2 million, respectively. The following table sets forth restructuring activity for the years ended December 31, 2025, 2024 and 2023 (in millions of dollars):
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Commitments and Contingencies |
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| Commitments and Contingencies Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Commitments and Contingencies | Commitments and Contingencies As a global company with diverse business portfolio, CNH in the ordinary course of business is exposed to numerous legal risks, including, without limitation, dealer and supplier litigation, intellectual property right disputes, product liability, asbestos, personal injury, emissions and/or fuel economy regulatory, competition law and other regulatory investigations and environmental claims. We are party to various unresolved investigations, claims and actions that are incidental to our business. The most significant of these matters are described below. The outcome of any current or future proceedings, claims, or investigations cannot be predicted with certainty. Adverse decisions in one or more of these proceedings, claims or investigations could require CNH to pay substantial damages or fines or undertake service actions, recall campaigns or other costly actions. It is therefore possible that legal judgments could give rise to expenses that are not covered, or not fully covered, by insurance and could affect CNH's financial position and results. When it is probable that such a loss has been incurred and the amount can be reasonably estimated, such amounts are provided for in the Company's Consolidated Statements of Operations and the related accrual is recorded in "Other liabilities" on the Consolidated Balance Sheets. Although the ultimate outcome of legal matters pending against CNH and its subsidiaries cannot be predicted, the Company believes the reasonable possible range of losses for these unresolved legal matters in addition to the amounts accrued would not have a material effect on its Consolidated Financial Statements. Environmental Pursuant to the U.S. Comprehensive Environmental Response, Compensation and Liability Act of 1980 ("CERCLA"), which imposes strict and, under certain circumstances, joint and several liability for remediation and liability for natural resource damages, and other federal and state laws that impose similar liabilities, CNH has received inquiries for information or notices of its potential liability regarding 66 non-owned U.S. sites at which regulated materials allegedly generated by CNH were released or disposed ("Waste Sites"). Of the Waste Sites, 16 are on the National Priority List ("NPL") promulgated pursuant to CERCLA. For 60 of the Waste Sites, the monetary amount or extent of the Company's liability has either been resolved; it has not been named as a potentially responsible party ("PRP"), or its liability is likely de minimis. Because estimates of remediation costs are subject to revision as more information becomes available about the extent and cost of remediation and settlement agreements can be reopened under certain circumstances, the Company's potential liability for remediation costs associated with the 66 Waste Sites could change. Moreover, because liability under CERCLA and similar laws can be joint and several, CNH could be required to pay amounts in excess of its pro rata share of remediation costs. However, when appropriate, the financial strength of other PRPs has been considered in the determination of the Company's potential liability. CNH believes that the costs associated with the Waste Sites will not have a material effect on the Company's business, financial position or results of operations. The Company is conducting environmental investigatory or remedial activities at certain properties that are currently or were formerly owned and/or operated or that are being decommissioned. The Company believes that the outcome of these activities will not have a material adverse effect on its business, financial position, or results of operations. The actual costs for environmental matters could differ materially from those costs currently anticipated due to the nature of historical handling and disposal of hazardous substances typical of manufacturing and related operations, the discovery of currently unknown conditions, and as a result of more aggressive enforcement by regulatory authorities and changes in existing laws and regulations. As in the past, CNH plans to continue funding its costs of environmental compliance from operating cash flows. Investigation, analysis and remediation of environmental sites is a time-consuming activity. The Company expects such costs to be incurred and claims to be resolved over an extended period of time that could exceed 30 years for some sites. As of December 31, 2025 and 2024, environmental reserves of approximately $24 million and $21 million, respectively, were established to address these specific estimated potential liabilities. Such reserves are undiscounted and do not include anticipated recoveries, if any, from insurance companies. After considering these reserves, management is of the opinion that the outcome of these matters will not have a material adverse effect on the Company's financial position or results of operations. Other Litigation and Investigation Follow-up on Damages Claims: In 2011 Iveco S.p.A. ("Iveco"), a subsidiary of Iveco Group N.V., and its competitors in the European Union were subject to an investigation by the European Commission (the "Commission") into certain business practices in the European Union (in the period 1997-2011) in relation to Medium & Heavy trucks. On July 19, 2016, the Commission announced a settlement with Iveco ("the Decision"). Following the Decision, the Company, Iveco and Iveco Magirus AG ("IMAG") have been named as defendants in proceedings across Europe. Following the demerger of Iveco Group N.V. and CNH, ("Demerger"), CNH cannot be excluded from current and future follow-on proceedings originating from the Decision because under European Union competition law a company cannot use corporate reorganizations to avoid liability for private damage claims. At this time, CNH is unable to predict the outcome of these proceedings or reasonably estimate any potential losses. In the event one or more of these judicial proceedings would result in a decision against CNH ordering it to compensate such claimants as a result of the conduct that was the subject matter of the Decision, then CNH, as a result of various arrangements, will ultimately have recourse against Iveco and IMAG for the reimbursement of any damages paid by CNH to such claimants. However, if Iveco or IMAG do not comply with their obligations with respect to any such decisions or fail to fulfill their obligations to CNH, then CNH could experience financial losses. The Company believes that the risk of Iveco, IMAG or Iveco Group defaulting on potential payment obligations arising from such follow-up on damage claims is remote and, at this time, is unable to reasonably estimate any potential losses. FPT Emissions Investigation: On July 22, 2020, a number of the Company's (pre-Demerger) offices in Europe were visited by investigators in the context of a request for assistance by the public prosecutors of Frankfurt am Main, Germany and Turin, Italy in relation to alleged noncompliance of two engine models produced by FPT Industrial S.p.A. ("FPT Industrial"), which is a wholly-controlled subsidiary of Iveco Group N.V.. The Italian criminal investigation was dismissed in 2023. As a result of FPT Industrial's full cooperation with the investigative authorities, all German criminal investigations were concluded in December 2023. FPT is defending individual civil claims alleging emissions' non-compliance in Germany and Austria. While the Company had no role in the design and sale of such engine models and vehicles, the Company cannot predict the likelihood of these outcomes or reasonably estimate any potential losses. The Company believes that the risk of either FPT Industrial or Iveco Group N.V. defaulting on potential payment obligations arising from such proceedings is remote. Poland Antitrust Case: On December 9, 2025, the Polish Antitrust Authority issued a notification of decision imposing fines on CNH Polska and some of its dealers of approximately €57 million. This decision follows an investigation beginning in 2023 of alleged commercial anticompetitive practices. The Company disagrees with the allegations presented by the Polish Antitrust Authority and intends to defend its case. This decision is not final and binding until judicial proceedings and available appeals have been completed. CNH Polska filed an appeal of the decision on January 9, 2026, on several grounds, including lack of evidence of CNH Polska’s role as a coordinator of the alleged misconduct and time barred claims. A first instance decision from the Polish courts on this appeal is not expected for at least two years from the date of appeal. CNH Polska is confident in its defenses and ability to significantly reduce or nullify the decision and accordingly has determined a reserve is not required at this time. Commitments CNH has entered into operating lease contracts for the right to use industrial buildings and equipment and other assets. Refer to "Note 8: Leases" for future minimum lease payments under non-cancellable lease contracts. At December 31, 2025, Financial Services has various agreements, on an uncommitted basis, to extend credit for the following financing arrangements (in millions of dollars):
Guarantees CNH provided guarantees on the debt or commitments of third parties and performance guarantees in the interest of non-consolidated affiliates as of December 31, 2025 and 2024 totaling $119 million and $54 million, respectively.
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Financial Instruments |
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| Fair Value Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Instruments | Financial Instruments CNH may elect to measure financial instruments and certain other items at fair value. This fair value option would be applied on an instrument-by-instrument basis with changes in fair value reported in earnings. The election can be made at the acquisition of an eligible financial asset, financial liability or firm commitment or, when certain specified reconsideration events occur. The fair value election may not be revoked once made. CNH has not elected the fair value measurement option for eligible items. Fair-Value Hierarchy The hierarchy of valuation techniques for financial instruments is based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company's market assumptions. These two types of inputs have created the following fair-value hierarchy: •Level 1—Quoted prices for identical instruments in active markets. •Level 2—Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets. •Level 3—Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. This hierarchy requires the use of observable market data when available. Determination of Fair Value When available, the Company uses quoted market prices to determine fair value and classifies such items as Level 1. In some cases where a market price is not available, the Company will use of observable market-based inputs to calculate fair value, in which case the items are classified as Level 2. If quoted or observable market prices are not available, fair value is based upon internally developed valuation techniques that use, where possible, current market-based or independently sourced market parameters such as interest rates, currency rates, or yield curves. Items valued using such internally generated valuation techniques are classified according to the lowest level input or value driver that is significant to the valuation. Thus, an item may be classified as Level 3 even though there may be some significant inputs that are readily observable. The following section describes the valuation methodologies used by the Company to measure various financial instruments at fair value, including an indication of the level in the fair value hierarchy in which each instrument is generally classified. Where appropriate, the description includes details of the valuation models and the key inputs to those models as well as any significant assumptions. Derivatives CNH utilizes derivative instruments to mitigate its exposure to interest rate and foreign currency exposures. Derivatives used as hedges are effective at reducing the risk associated with the exposure being hedged and are designated as a hedge at the inception of the derivative contract. CNH does not hold or enter into derivatives or other financial instruments for speculative purposes. The credit and market risk related to derivatives is reduced through diversification among various counterparties, utilizing mandatory termination clauses and/or collateral support agreements. Derivative instruments are generally classified as Level 2 in the fair value hierarchy. The cash flows underlying all derivative contracts were recorded in "Cash Flows from Operating Activities" in the Consolidated Statements of Cash Flows. Foreign Exchange Derivatives CNH has entered into foreign exchange forward contracts and swaps in order to manage and preserve the economic value of cash flows in a currency different from the functional currency of the relevant legal entity. CNH conducts its business on a global basis in a wide variety of foreign currencies and hedges foreign currency exposures arising from various receivables, liabilities, and expected inventory purchases and sales. Derivative instruments utilized to hedge the foreign currency risk associated with anticipated inventory purchases and sales in foreign currencies are designated as cash flow hedges. Gains and losses on these instruments are deferred in accumulated other comprehensive income/(loss) and recognized in earnings when the related transaction occurs. If a derivative instrument is terminated because the hedge relationship is no longer effective or because the hedged item is a forecasted transaction that is no longer determined to be probable, the cumulative amount recorded in accumulated other comprehensive income (loss) is recognized immediately in earnings. Such amounts were insignificant for the years ending December 31, 2025, 2024 and 2023. CNH also uses forwards and swaps to hedge certain assets and liabilities denominated in foreign currencies. Such derivatives are considered economic hedges and not designated as hedging instruments. The changes in the fair values of these instruments are recognized directly in income in "Other, net" and are expected to offset the foreign exchange gains or losses on the exposures being managed. All of CNH's foreign exchange derivatives are considered Level 2 as the fair value is calculated using market data input and can be compared to actively traded derivatives. The total notional amount of CNH's foreign exchange derivatives was $3.6 billion and $4.2 billion at December 31, 2025 and 2024, respectively. Interest Rate Derivatives CNH has entered into interest rate derivatives (swaps and caps) in order to manage interest rate exposures arising in the normal course of business. Interest rate derivatives that have been designated as cash flow hedges are being used by the Company to mitigate the risk of rising interest rates related to existing debt and anticipated issuance of fixed-rate debt in future periods. Gains and losses on these instruments are deferred in "Accumulated other comprehensive income (loss)" and recognized in "Interest expense" over the period in which CNH recognizes "Interest expense" on the related debt. Interest rate derivatives that have been designated as fair value hedge relationships have been used by CNH to mitigate the volatility in the fair value of existing fixed rate bonds and medium-term notes due to changes in floating interest rate benchmarks. Gains and losses on these instruments are recorded in "Interest expense" in the period in which they occur, and an offsetting gain or loss is also reflected in "Interest expense" based on changes in the fair value of the debt instrument being hedged due to changes in floating interest rate benchmarks. CNH also enters into offsetting interest rate derivatives with substantially similar terms that are not designated as hedging instruments to mitigate interest rate risk related to CNH's committed asset-backed facilities. Unrealized and realized gains and losses resulting from fair value changes in these instruments are recognized directly in income. Net gains and losses on these instruments were insignificant for the years ending December 31, 2025, 2024 and 2023. All of CNH's interest rate derivatives outstanding as of December 31, 2025 and 2024 are considered Level 2. The fair market value of these derivatives is calculated using market data input and can be compared to actively traded derivatives. The total notional amount of CNH's interest rate derivatives was approximately $11.1 billion and $9.1 billion at December 31, 2025 and 2024, respectively. Financial Statement Impact of CNH Derivatives The following table summarizes the gross impact of changes in the fair value of derivatives designated as cash flow hedges on "Accumulated other comprehensive loss" and "Net income" during the year ended December 31, 2025, 2024 and 2023 (in millions of dollars):
The following table summarizes the activity in "Accumulated other comprehensive income (loss)" related to the derivatives held by the Company during the years ended December 31, 2025, 2024 and 2023 (in millions of dollars):
The following tables summarize the impact of the changes in the fair value of fair value hedges and derivatives not designated as hedging instruments had on earnings for the year ended December 31, 2025, 2024 and 2023 (in millions of dollars):
The fair values of CNH's derivatives as of December 31, 2025 and 2024 in the Consolidated Balance Sheets are recorded as follows (in millions of dollars):
Items Measured at Fair Value on a Recurring Basis The following tables present for each of the fair-value hierarchy levels the Company's assets and liabilities that are measured at fair value on a recurring basis at December 31, 2025 and 2024 (in millions of dollars):
Items Measured at Fair Value on a Non-Recurring Basis During 2025, the Company recorded an intangible assets impairment of $172 million related to IPR&D assets. During the period ended December 31, 2024, the Company recorded an intangible assets impairment of $11 million related to IPR&D. The following tables present fair value for nonrecurring Level 3 measurements from impairments as of December 31, 2025 and 2024 (in millions of dollars):
The following is a description of the valuation methodologies the Company uses for non-monetary assets at fair value: Other intangible assets, net impairments are measured at the lower of the carrying amount or fair value. The valuation of the IPR&D asset acquired as part of the Raven acquisition was based on the relief-from-royalty method. Inputs utilized for the valuation include projected revenues, projected costs to complete, and royalty rate. The valuation of the IPR&D asset acquired as part of the Bennamann acquisition was based on the MPEEM Method. Inputs utilized for the valuation include projected revenues, contributory asset charges, probability of success and discount rate. Fair Value of Other Financial Instruments The carrying value of cash and cash equivalents, restricted cash, trade accounts receivable and accounts payable included in the Consolidated Balance Sheets approximates its fair value. Financial Instruments Not Carried at Fair Value The estimated fair market values of financial instruments not carried at fair value in the Consolidated Balance Sheets as of December 31, 2025 and 2024 are as follows (in millions of dollars):
Financing Receivables The fair value of financing receivables is based on the discounted values of their related cash flows at current market interest rates and they are classified as a Level 3 fair value measurement. Debt All debt is classified as a Level 2 fair value measurement with the exception of bonds issued by CNH Industrial Finance Europe S.A. and bonds issued by CNH Industrial N.V. that are classified as a Level 1 fair value measurement.
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Shareholders' Equity |
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| Shareholders' Equity | Shareholders' Equity The Articles of Association of CNH Industrial N.V. provide for authorized share capital of €40 million, divided into 2 billion common shares and 2 billion special voting shares to be held with associated common shares, each with a per share par value of €0.01. As of December 31, 2025, the Company's share capital was €18 million (equivalent to $25 million), fully paid-in, and consisted of 1,364,400,196 common shares (1,242,064,719 common shares outstanding and 122,335,477 common shares held in treasury by the Company as described in the following section) and 396,474,276 special voting shares (370,457,350 special voting shares outstanding, net of 26,016,926 special voting shares held in treasury by the Company as described in the section below). Changes in the composition of the share capital of CNH Industrial N.V. during 2025, 2024 and 2023 are as follows (number of shares):
During the year ended December 31, 2025 and 2024, 0.5 million and — million special voting shares, respectively, were acquired for no consideration by the Company following the deregistration of the corresponding number of qualifying common shares from the Loyalty Register, net of transfer and allocation of special voting shares in accordance with the Special Voting Shares – Terms and Conditions. Furthermore, during the years ended December 31, 2025 and 2024, the Company delivered 3.4 million and 17.0 million common shares, respectively, under the Company's stock compensation plan, primarily due to the vesting or exercise of share-based awards. See "Note 18: Share-Based Compensation" for further discussion. Loyalty Voting Program In order to reward long-term ownership of the Company's common shares and promote stability of its shareholder base, the Articles of Association of CNH Industrial N.V. provide for a loyalty voting program that grants eligible long-term shareholders the equivalent of two votes for each CNH Industrial N.V. common share that they hold. This has been accomplished through the issuance of special voting shares. A shareholder may at any time elect to participate in the loyalty voting program by requesting the registration of all or some of the common shares held by such shareholder in a separate register (the "Loyalty Register") of the Company. If such common shares have been registered in the Loyalty Register for an uninterrupted period of three years in the name of the same shareholder, such shares will become "Qualifying Common Shares" and the relevant shareholder will be entitled to receive one special voting share for each such Qualifying Common Share which can be retained only for so long as the shareholder retains the associated common share and registers it in the Loyalty Register. Shareholders are not required to pay any amount to the Company in connection with the allocation of the special voting shares. The common shares are freely transferable, while special voting shares are transferable exclusively in limited circumstances and they are not listed on the New York Stock Exchange ("NYSE"). In particular, at any time, a holder of common shares that are Qualifying Common Shares who wants to transfer such common shares other than in limited specified circumstances (e.g., transfers to affiliates or relatives through succession, donation or other transfers) must request a deregistration of such Qualifying Common Shares from the Loyalty Register. After deregistration from the Loyalty Register, such common shares no longer qualify as Qualifying Common Shares and, as a result, the holder of such common shares is required to transfer the special voting shares associated with the transferred common shares to the Company for no consideration. The special voting shares have minimal economic entitlements as the purpose of the special voting shares is to grant long-term shareholders with an extra voting right by means of granting an additional special voting share, without granting such shareholders with any additional economic rights. However, as a matter of Dutch law, such special voting shares cannot be fully excluded from economic entitlements. Therefore, the Articles of Association provide that only a minimal dividend accrues to the special voting shares, which is not distributed, but allocated to a separate special dividend reserve. The impact of this special dividend reserve on the earnings per share of the common shares is not material. Treasury Shares In order to maintain the necessary operating flexibility over an adequate time period, including the implementation of the program in place, on April 13, 2022, the Annual General Meeting ("AGM") granted to the Board of Directors the authority to acquire common shares in the capital of the Company through stock exchange trading on the Euronext Milan and the NYSE or otherwise through November 6, 2023. On November 7, 2023, CNH's Board of Directors approved a new share buyback program for the repurchase of up to $1 billion of common shares between November 8, 2023, and March 1, 2024. In February 2024, the Company's Board of Directors authorized a $500 million share buyback program under which the Company may repurchase its common shares. Under such authorization the Board's authority is limited to a maximum of up to 10% of the issued common shares as of the date of the AGM and, in compliance with applicable rules and regulations, subject to a maximum price per common share equal to the average of the highest price on each of the five trading days prior to the date of acquisition, as shown in the Official Price List of the NYSE (as the case may be) plus 10% (maximum price) and to a minimum price per common share equal to the average of the lowest price on each of the five trading days prior to the date of acquisition, as shown in the Official Price List of the NYSE (as the case may be) minus 10% (minimum price). Neither the renewal of the authorization, nor the launch of any program obliges the Company to buyback any common shares. The launch of any new program will be subject to a further resolution of the Board of Director. In any event, such programs may be suspended, discontinued or modified at any time for any reason and without previous notice, in accordance with applicable laws and regulations. During the year ended December 31, 2025, the Company repurchased 9.4 million shares of its common stock on the NYSE and on multilateral trading facilities under the buyback program. As of December 31, 2025, the Company held 122.3 million common shares in treasury, net of transfers of common shares to fulfill its obligations under its stock compensation plans, at an aggregate cost of $1,422 million. Depending on market and business conditions and other factors, the Company may continue or suspend purchasing its common stock at any time without notice. During the year ended December 31, 2025, the Company acquired, for no consideration, approximately 0.5 million special voting shares following the deregistration of qualifying common shares from the Loyalty Register, net of the transfer and allocation of special voting shares to those shareholders whose qualifying common shares became eligible to receive special voting shares after the uninterrupted three-year registration period in the Loyalty Register. As of December 31, 2025, the Company held 26.0 million special voting shares in treasury. Dividend On May 12, 2025, the Company's shareholders approved a dividend of $0.25 per common share and totaling approximately $313 million. The Company shall only have power to make distributions to shareholders and other persons entitled to distributable profits to the extent the Company's equity exceeds the sum of the paid-up portion of the share capital and the reserves that must be maintained in accordance with provisions of law. No distribution of profits may be made to the Company itself for shares that the Company holds in its own share capital.
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Share-Based Compensation |
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| Share-Based Payment Arrangement [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Share-Based Compensation | Share-Based Compensation For the years ended December 31, 2025, 2024 and 2023 CNH recognized total share-based compensation expense of $25 million, $19 million and $99 million respectively. For the years ended December 31, 2025, 2024 and 2023, CNH recognized a total reduction to taxable income of $26 million, $29 million and $14 million, respectively, related to vesting of share-based compensation awards. Unrecognized share-based compensation costs will be recognized over a weighted-average period of 1.5 years. CNH's equity awards are governed by the CNH Industrial N.V. Equity Incentive Plan ("CNH EIP") and CNH Industrial N.V. Directors' Compensation Plan ("CNH DCP"). At the AGM held on April 16, 2014, the Company's shareholders approved the adoption of the CNH EIP, an umbrella program defining the terms and conditions for any subsequent long-term incentive program. The CNH EIP allows grants of the following specific types of equity awards to any current or prospective executive director, officer, employee of, or service provider to, CNH: stock options, stock appreciation rights, restricted share units, restricted stock, performance shares or performance share units and other stock-based awards that are payable in cash, common shares or any combination thereof subject to the terms and conditions established by the Compensation Committee. In February 2020, the Board of Directors approved the issuance of up to 50 million common shares under the CNH EIP. At the AGM on April 16, 2020, the Company's shareholders approved the issuance of up to 7 million common shares to executive directors under the 2021-2023 Long-Term Incentive Plan in accordance with and under the CNH EIP. Performance Share Units ("PSU") 2023 - 2025 Long-Term Incentive Plans The 2023, 2024, and 2025 Long-Term Incentive Plans feature a three-year vesting period, two internal financial metrics, and a financial multiplier. Additionally the two internal financial metrics and financial multiplier are calculated. However, differences between all plans exist in regards to the performance achievement threshold for both internal financial metrics. In 2023, 2024 and 2025, CNH issued 2.8 million, 9.7 million, and 3.0 million PSUs, respectively. The total number of shares that will eventually be issued may vary from the original estimate due to forfeiture or the level of achievement of the performance goals. The weighted-average fair value of the awards that were issued in 2023, 2024 and 2025 was $12.29, $8.27 and $11.30 per share, respectively. The fair value of the award is measured on the grant date using a Monte Carlo simulation model. The following table reflects the activity of PSUs under the Long-Term Incentive Plans during the year ended December 31, 2025:
Restricted Share Units ("RSU") 2023 - 2025 Long-Term Incentive Plans In 2023, 2024, and 2025, CNH issued approximately 2.1 million, 3.5 million and 3.0 million RSUs, respectively, to key executive officers and selected employees. The total number of shares that will eventually be issued may vary from the original estimate due to forfeiture. The weighted-average fair value of the awards that were issued in 2023, 2024, and 2025 were $11.87, $9.42 and $11.68 per share, respectively. The fair value of the award is measured using the CNH Industrial N.V. stock price on the grant date adjusted for the present value of future dividends that employees will not receive during the vesting period. The RSUs vest upon a time-based service requirement. The following table reflects the activity of RSUs under the Long-Term Incentive Plans during the year ended December 31, 2025:
Additional Share-Based Compensation Information The table below provides additional share-based compensation information for the years ended December 31, 2025, 2024 and 2023 (in millions of dollars):
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Earnings per Share |
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| Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Earnings per Share | Earnings per Share The Company's basic EPS is computed by dividing net income available to common shareholders by the weighted-average number of common shares outstanding during the period. Diluted EPS reflects the potential dilution that could occur if dilutive securities were exercised into common stock. The effect of dilutive securities is calculated using the treasury stock method. The following table sets forth the computation of basic and diluted EPS for the years ended December 31, 2025, 2024 and 2023 (in millions of dollars, except per share data):
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Accumulated Other Comprehensive Income (Loss) |
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| Equity [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accumulated Other Comprehensive Income (Loss) | Accumulated Other Comprehensive Income (Loss) The Company's share of comprehensive loss includes net income plus other comprehensive loss, which includes changes in fair value of certain derivatives designated as cash flow hedges, certain changes in pension and other retirement benefit plans, foreign currency translation gains and losses, changes in the fair value of available-for-sale securities, the Company's share of other comprehensive loss of entities accounted for using the equity method, and reclassifications for amounts included in net income less net income and other comprehensive loss attributable to the noncontrolling interest. For more information on the Company's derivative instruments, see "Note 16: Financial Instruments". For more information on the Company's pensions and retirement benefit obligations, see "Note 13: Employee Benefit Plans and Postretirement Benefits". The Company's other comprehensive loss amounts are aggregated within accumulated other comprehensive loss. The tax effect for each component of other comprehensive income consisted of the following (in millions of dollars):
The changes, net of tax, in each component of "Accumulated other comprehensive income (loss)" consisted of the following (in millions of dollars):
(1)Excluded from the table above is other comprehensive (income) loss allocated to noncontrolling interests of $5 million, $(1) million and $3 million for the years ended December 31, 2025, 2024 and 2023, respectively. Significant amounts reclassified out of each component of "Accumulated other comprehensive income (loss)" at December 31, 2025 and 2024 consisted of the following (in millions of dollars):
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Segment Reporting |
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| Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment Reporting | Segment Reporting The operating segments through which the Company manages its operations are reflected in the internal reporting used by the Company's Chief Operating Decision Maker ("CODM") to assess performance and make decisions about resource allocation. The CODM has been identified as the Chief Executive Officer ("CEO"). The CEO is charged with the management of CNH, reviews operating performance of the segments and makes decisions on certain operational matters. The CEO, supported by the Global Leadership Team ("GLT"), presents to the Board of Directors the Company's operating results, updated strategic business plans, and long-term value creation strategies as well as top short-term and mid-term operational and strategic risks. The presentations to the Board of Directors allow management to articulate their strategies for the achievement of their business objectives and mitigation of risks and permits the Board of Directors to give feedback on management's plans. The segments are organized based on products and services provided by the Company. CNH has three operating segments, that meet the criteria of reportable segments: Agriculture, Construction and Financial Services. Revenues for each reported segment are those directly generated by or attributable to the segment as a result of the respective business activities and include revenues from transactions with third parties as well as those deriving from transactions with other segments, recognized at normal market prices. Segment expenses represent costs arising from each segment's business activities with both third parties and other operating segments. These expenses are either directly attributable to the segment or allocated to it using recognized allocation bases, reflecting the amount of expenses that would be required if the segment operated autonomously from the larger group. Allocations are necessary to report segment data due to the integrated nature of our operations as well as the use of shared administrative functions and common support services. Expenses deriving from business activities with other segments are recognized at normal market prices. With reference to the Agriculture and Construction segments, the CODM assesses segment performance and makes decisions about resource allocation based upon Adjusted EBIT. The Company believes Adjusted EBIT more fully reflects Agriculture and Construction segments' profitability. Adjusted EBIT of the Agriculture and Construction segments is defined as net income (loss) before income taxes, Financial Services' results, Industrial Activities' segments interest expenses (net), foreign exchange gains/losses, finance and non-service component of pension and other postemployment benefit costs, restructuring expenses, and certain non-recurring and unallocated items. In particular, non-recurring items are specifically disclosed items that management considers rare or discrete events that are infrequent in nature and not reflective of ongoing operational activities. With reference to Financial Services, the Company revised the performance metric used to assess the segment's performance in 2024 from Net Income to Income before income taxes. This change was made to better reflect the manner in which the CODM evaluates segment performance and allocates resources. The prior-period segment results have been recast to reflect this change for comparability purposes. The CODM uses both Adjusted EBIT of Agriculture and Construction and Income before income taxes of Financial Services predominantly in the annual budget and forecasting process. The CODM considers actual-to-budget and actual-to-forecast variances on a monthly basis for both measures when making decisions about the allocation of operating and capital resources to each segment. The CODM also uses Adjusted EBIT for Agriculture and Construction and Income before income taxes of Financial Services to evaluate any pricing strategy, to assess and compare the performance of each segment and to determine compensation of certain employees. The following table includes reported segment revenue and income, significant segment expenses and other segment items considered in the calculation of both Adjusted EBIT for Industrial Activities and Income before income taxes for Financial Services (in millions of dollars):
(1)For Financial Services, the CODM uses Income before income taxes as the measure to allocate resources and assess segment performance. (2)In the years ended December 31, 2025, 2024, and 2023, this item included risk costs for the Financial Services segment of $313 million, $204 million and $80 million, respectively. (3)In the year ended December 31, 2025, this item included an annual pre-tax gain of $21 million and $24 million for the years ended December 31, 2024 and 2023, as a result of the amortization over 4 years of the $101 million positive impact from the 2021 modifications of a healthcare plan in the U.S. (4)Unallocated amounts include certain corporate costs and other operating expenses and incomes not allocated to segments' results. (5)In the year ended December 31, 2025, this item includes a $172 million non-cash impairment charge related to IPR&D acquired as part of the Raven and Bennamann acquisitions, $62 million for non-cash impairment of investment in Monarch Tractors and other minority holdings and a $10 million inventory write-down for the New Holland T6.180 Methane Power Tractor. In the year ended December 31, 2024, this item includes a loss of $17 million on the sale of certain non-core product lines and a gain of $14 million for investment fair value adjustments. In the year ended December 31, 2023, this item includes a loss of $23 million on the sale of the CNH Industrial Russia and CNH Capital Russia businesses, partially offset by a gain of $13 million for the fair value remeasurement of Augmenta and Bennamann. There are no segment assets reported to the CODM for assessing performance and allocating resources. However, the CODM reviews expenditures for long-lived assets by operating segment, therefore, this information is presented below as well. A summary of additional operating segment information for the years ended December 31, 2025, 2024 and 2023 is as follows (in millions of dollars):
(1) Excluding equipment on operating leases. (2) Excluding equipment on operating leases and right-of-use assets. A summary of additional operating segment information as of December 31, 2025 and 2024 is as follows (in millions of dollars):
Geographic Information CNH has its principal office in Basildon, England, U.K. Revenues earned in the U.K. from external customers were $393 million, $359 million and $548 million for the years ended December 31, 2025, 2024 and 2023, respectively. Revenues earned in the rest of the world from external customers were $17,702 million, $19,477 million and $24,139 million for the years ended December 31, 2025, 2024 and 2023, respectively. The following highlights revenues earned from external customers in the rest of the world by destination (in millions of dollars):
For the years ended December 31, 2025, 2024 and 2023, no single external customer of CNH accounted for 10 percent or more of consolidated revenues. Total long-lived tangible and intangible assets located in the U.K. were $288 million and $324 million at December 31, 2025, and 2024, respectively, and the total of such assets located in the rest of the world totaled $8,187 million and $7,883 million at December 31, 2025 and 2024, respectively. The following highlights long-lived tangible and intangible assets by geography in the rest of the world (in millions of dollars):
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Related Party Information |
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| Related Party Transactions [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Related Party Information | Related Party Information As of December 31, 2025 and 2024 CNH's related parties were primarily EXOR N.V. ("Exor") and the companies that EXOR N.V. controlled or had a significant influence over, including Stellantis N.V., ("Stellantis"), Ferrari N.V., ("Ferrari") and Iveco Group N.V., ("Iveco"), which effective January 1, 2022 separated from CNH Industrial N.V. by way of a demerger under Dutch law and became a public listed company independent from CNH. As of December 31, 2025, EXOR N.V. held 45.5% of CNH's voting power and had the ability to significantly influence the decisions submitted to a vote of CNH's shareholders, including approval of annual dividends, the election and removal of directors, mergers or other business combinations, the acquisition or disposition of assets, and issuances of equity and the incurrence of indebtedness. The percentage above has been calculated as the ratio of (i) the aggregate number of common shares and special voting shares owned by EXOR to (ii) the aggregate number of outstanding common shares and special voting shares of CNH as of December 31, 2025. In addition, CNH engages in transactions with its unconsolidated affiliates over which CNH has a significant influence or joint control. The Company's Audit Committee reviews and, if appropriate, evaluates all significant related party transactions. Transactions with EXOR N.V. and its Subsidiaries and Affiliates EXOR is an investment holding company in Europe. As of December 31, 2025, 2024, and 2023, among other things, EXOR managed a portfolio that includes investments in CNH, Stellantis, Iveco Group and Ferrari. CNH did not enter into any significant transactions with EXOR N.V. during the years ended December 31, 2025, 2024, and 2023. Transactions with Iveco Group post-Demerger CNH and Iveco Group post-Demerger entered into transactions consisting of the sale of engines from Iveco Group to CNH. Additionally, concurrent with the Demerger, the Companies entered into arms-length services contracts in relation to general administrative and specific technical matters, provided by either CNH to Iveco Group and vice versa as follows: Master Service Agreement: CNH and Iveco Group entered into a two-year Master Services Agreement ("MSA"), with a two-year extension implemented, whereby each Party (and its subsidiaries) may provide services to the other (and its subsidiaries). Services provided under the MSA relate mainly to lease of premises and depots and IT services. Revenues from services provided under the MSA are presented as "Finance, interest and other income" on the Consolidated Statements of Operations. Engine Supply Agreement: In relation to the design and supply of off-road engines from Iveco Group to CNH post-Demerger, Iveco Group and CNH entered into a ten-year Engine Supply Agreement ("ESA") whereby Iveco Group will sell to CNH post-Demerger diesel, compressed natural gas ("CNG") and liquid natural gas ("LNG") engines and provide post-sale services. Costs related to engines purchased through this agreement are presented as "Cost of goods sold" on the Consolidated Statements of Operations. Financial Service Agreement: In relation to certain financial services activities carried out by either CNH to Iveco Group post-Demerger or vice versa, in connection with the execution of the Demerger Deed, CNH and Iveco Group entered into a three-year Master Services Agreement ("FS MSA"), whereby each Party (and its subsidiaries) may provide services and/or financial services activities to the other (and its subsidiaries). Services provided under the FS MSA relate mainly to wholesale and retail financing activities to suppliers, distribution network and customers. Revenues from services provided under the FS MSA are presented as "Finance, interest and other income" on the Consolidated Statements of Operations. The following table sets forth the related party transactions entered into with Iveco Group post-Demerger for the time period presented (in millions of dollars):
Transactions with Unconsolidated Affiliates CNH sells agricultural and construction equipment and provides technical services to unconsolidated affiliates such as CNH de Mexico S.A. de C.V., TürkTraktör and New Holland HFT Japan Inc. CNH also purchases equipment from unconsolidated affiliates, such as TürkTraktör. The following table sets forth the related party transactions entered into for the time period presented (in millions of dollars):
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Subsequent Events |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Subsequent Events [Abstract] | |
| Subsequent Events | Subsequent Events On January 8, 2026 CNH Industrial Capital LLC completed its notes offering of $500 million in aggregate principal amount of 4.375% notes due March 7, 2031, with an issue price of 99.086%. On January 15, 2026 CNH Industrial Capital LLC repaid its $500 million note on maturity. On January 28, 2026, CNH Industrial Capital LLC, through a bankruptcy-remote trust, issued $1.2 billion of amortizing asset-backed notes secured by U.S. retail receivables.
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Insider Trading Arrangements |
3 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Trading Arrangements, by Individual | |
| Rule 10b5-1 Arrangement Adopted | false |
| Non-Rule 10b5-1 Arrangement Adopted | false |
| Rule 10b5-1 Arrangement Terminated | false |
| Non-Rule 10b5-1 Arrangement Terminated | false |
Insider Trading Policies and Procedures |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Insider Trading Policies and Procedures [Line Items] | |
| Insider Trading Policies and Procedures Adopted | true |
Cybersecurity Risk Management and Strategy Disclosure |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Cybersecurity Risk Management, Strategy, and Governance [Line Items] | |
| Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block] | We assess, identify and manage risks from cybersecurity threats through our Information Technology Security and Compliance organization ("Cybersecurity Program"), which is part of our larger enterprise risk management framework. The Cybersecurity Program is currently overseen by the Audit Committee of the Board of Directors (the "Audit Committee") and is managed by our Chief Information Officer ("CIO") and a dedicated Chief Information Security Officer ("CISO"). The CISO's organization has oversight of cybersecurity strategy, policy, standards, architecture and processes for the security of our enterprise network, and, information assets. The CISO's organization monitors and manages, and works to identify and assess cybersecurity risk through various technologies, resources, processes and policies that are updated to align with the changing threat landscape, our evolving business needs and global regulatory requirements. Our strategy includes risk assessments, risk and threat analysis, utilization of security tools, cybersecurity-related tabletop and phishing exercises designed to simulate cybersecurity incidents, and security awareness and technical security trainings. We use a range of defenses to help protect against cybersecurity threats and to work to secure our assets, reduce detection time and improve recoverability. These include the ongoing monitoring of our systems, including with the assistance of third-party vendors, conducting exercises with employees and senior management, including our executive officers, to promote awareness and improve internal processes. In addition, to promote security awareness throughout the Company, employees with an email address received training and access to security awareness materials in 2025. Further, we are implementing a program for the assessment and monitoring of security standards and control procedures for external suppliers and vendors.
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| Cybersecurity Risk Management Processes Integrated [Flag] | true |
| Cybersecurity Risk Management Processes Integrated [Text Block] | We assess, identify and manage risks from cybersecurity threats through our Information Technology Security and Compliance organization ("Cybersecurity Program"), which is part of our larger enterprise risk management framework. The Cybersecurity Program is currently overseen by the Audit Committee of the Board of Directors (the "Audit Committee") and is managed by our Chief Information Officer ("CIO") and a dedicated Chief Information Security Officer ("CISO"). |
| Cybersecurity Risk Management Third Party Engaged [Flag] | true |
| Cybersecurity Risk Third Party Oversight and Identification Processes [Flag] | true |
| Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag] | false |
| Cybersecurity Risk Board of Directors Oversight [Text Block] | Our Board of Directors (the "Board") addresses our cybersecurity risk management as part of its general oversight function. The Audit Committee is responsible for overseeing our key risks and controls relating to information systems, including our assessment and mitigation of material risks from cybersecurity threats. The Audit Committee receives periodic reports, summaries or presentations related to cybersecurity threats, risk, mitigation and related processes from the CIO and CISO. In addition, on at least an annual basis, the Board receives reports, summaries or presentations from our CIO and CISO related to cybersecurity threats, risk, mitigation and related processes. The CISO maintains and periodically updates a Cybersecurity Incident Response Plan which is a guide to respond effectively and efficiently to cybersecurity incidents in a coordinated manner in the interest of minimizing the risk of harm to our customers, operations, partners, employees and third parties, consistent with our legal obligations. As of the date of this report, we do not believe that risks from cybersecurity threats have materially affected or are reasonably likely to materially affect our business strategy, results of operations or financial condition. However, we recognize the ever-evolving cyber risk landscape and cannot provide any assurances that we will not be subject to a material cybersecurity incident in the future. For a description of risks related to our information technology systems, including cybersecurity threats, see Item 1A, "Risk Factors."
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| Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block] | Our Board of Directors (the "Board") addresses our cybersecurity risk management as part of its general oversight function. The Audit Committee is responsible for overseeing our key risks and controls relating to information systems, including our assessment and mitigation of material risks from cybersecurity threats. |
| Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block] | The Audit Committee receives periodic reports, summaries or presentations related to cybersecurity threats, risk, mitigation and related processes from the CIO and CISO. |
| Cybersecurity Risk Role of Management [Text Block] | The CISO's organization has oversight of cybersecurity strategy, policy, standards, architecture and processes for the security of our enterprise network, and, information assets. The CISO's organization monitors and manages, and works to identify and assess cybersecurity risk through various technologies, resources, processes and policies that are updated to align with the changing threat landscape, our evolving business needs and global regulatory requirements. Our strategy includes risk assessments, risk and threat analysis, utilization of security tools, cybersecurity-related tabletop and phishing exercises designed to simulate cybersecurity incidents, and security awareness and technical security trainings.
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| Cybersecurity Risk Management Positions or Committees Responsible [Flag] | true |
| Cybersecurity Risk Management Positions or Committees Responsible [Text Block] | The Audit Committee receives periodic reports, summaries or presentations related to cybersecurity threats, risk, mitigation and related processes from the CIO and CISO. In addition, on at least an annual basis, the Board receives reports, summaries or presentations from our CIO and CISO related to cybersecurity threats, risk, mitigation and related processes. |
| Cybersecurity Risk Management Expertise of Management Responsible [Text Block] | Under the Cybersecurity Program, cybersecurity matters are generally managed by a combination of functional groups that report to the Company's global leadership team, as appropriate, on matters such as enterprise level cybersecurity initiatives, threat intelligence and product cybersecurity risks and remediations. |
| Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block] | In addition, on at least an annual basis, the Board receives reports, summaries or presentations from our CIO and CISO related to cybersecurity threats, risk, mitigation and related processes. |
| Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag] | true |
Summary of Significant Accounting Policies (Policies) |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Accounting Policies [Abstract] | |
| Principles of Consolidation and Basis of Presentation | Principles of Consolidation and Basis of Presentation CNH has prepared the accompanying Consolidated Financial Statements in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The Consolidated Financial Statements include CNH Industrial N.V. and its consolidated affiliates. The Consolidated Financial Statements are expressed in U.S. dollars and unless otherwise indicated, all financial data set forth in these Consolidated Financial Statements are expressed in U.S. dollars. The Consolidated Financial Statements include the accounts of CNH's subsidiaries in which CNH has a controlling financial interest, and reflect the noncontrolling interests of the minority owners of the subsidiaries that are not fully owned for the periods presented, as applicable. A controlling financial interest exists when the Company holds a majority voting interest of an entity or determines that it is the primary beneficiary of a VIE. The primary beneficiary is the party with both the power to direct the activities that most significantly affect the VIE’s economic performance and the obligation to absorb losses or the right to receive benefits that could be significant to the entity. The Company evaluates its status as primary beneficiary on an ongoing basis in accordance with VIE consolidation guidance, and the consolidation status of VIEs may change as a result of these reassessments. Investments in unconsolidated affiliates are accounted for using the equity method when CNH does not have a controlling interest but exercises significant influence. Under this method, the investment is initially recorded at cost and is increased or decreased by CNH's proportionate share of the entity's respective net income or loss. Dividends received from these entities reduce the carrying value of the investments.
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| Business Combinations | Business Combinations Business combinations are accounted for by applying the acquisition method. Under this method, the consideration transferred in a business combination is measured at fair value, which is calculated as the sum of the acquisition-date fair values of the assets transferred and liabilities assumed by the Company and the equity interests issued in exchange for control of the acquiree. Acquisition-related costs are generally recognized in profit or loss as incurred.
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| Use of Estimates in the Preparation of Financial Statements | Use of Estimates in the Preparation of Financial Statements The preparation of Consolidated Financial Statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities, and reported amounts of revenues and expenses. Significant estimates in these Consolidated Financial Statements include allowance for credit losses; fair values for goodwill impairment tests; residual values of equipment on operating leases; sales allowances; liabilities for warranties; obligations related to employee benefits; realizability of deferred tax assets; and contingent liabilities. Actual results could differ from these estimates.
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| Revenue Recognition and Sales Allowances | Revenue Recognition Revenue is recognized when control of the equipment, services or parts has been transferred and the Company's performance obligations to the customers have been satisfied. Revenue is measured as the amount of consideration the Company is entitled to receive in exchange for transferring goods or providing services. The timing of when the Company transfers control of the goods or services to the customer may differ from the timing of the customer's payment. Revenues are stated net of discounts, allowances, settlement discounts and rebates, as well as sales incentive program costs, which are determined on the basis of historical costs, country by country, and charged against profit for the period in which the corresponding sales are recognized. The Company also enters into contracts with multiple performance obligations. For these contracts, the Company allocates revenue from the transaction price to the distinct goods and services in the contract on a relative standalone selling price basis. To the extent the Company sells the goods or services separately in the same market, the standalone selling price is the observable price at which the Company sells the goods or services separately. For all other goods or services, the Company estimates the standalone selling price considering all information reasonably available (including market conditions, entity-specific factors and information about the customer or class of customer). Sales of goods The Company's customers for equipment and parts consist of dealers, distributors, public entities and retail customers. The Company recognizes revenue at a point in time when control has transferred to the customer at the amount of consideration that the Company expects to be entitled. In most of the jurisdictions where the Company operates, and subject to specific exceptions, transfer of control occurs upon shipment. For certain sales transactions, the equipment may be temporarily held at our location under a bill-and-hold arrangement, whereby the Company bills a customer for equipment that will be picked up by the customer or its designated carrier at a later date. Under these arrangements, control typically transfers when the product is ready for physical transfer to the customer and cannot be directed to another customer, risk and rewards of ownership are transferred to the customer and the Company has a present right to payment. We have elected to recognize shipping and handling activities that may occur after control has transferred as fulfillment costs, which are presented in "Cost of goods sold". For all sales, no uncertainty exists surrounding the purchaser's obligation to pay for equipment and parts. Fixed payment schedules exist for all sales, but payment terms vary by geographic market and product line. See "Note 4: Receivables for information about financing payment terms. The Company records an appropriate allowance for credit losses. The cost of incentives, if any, are estimated at the inception of a contract at the amount that is expected to be paid and is recognized as a reduction in revenue at the time of the sale. If an equipment contract transaction has multiple performance obligations, the cost of incentives is allocated entirely to the equipment. If the estimate of the incentive changes following the sale to the customer, the change in estimate is recognized as an adjustment to revenue in the period of the change. CNH grants certain sales incentives to support sales of its products to retail customers. At the later of the time of sale or the time an incentive is announced to dealers, CNH records the estimated impact of sales allowances in the form of dealer and customer incentives as a reduction of revenue. Subsequent adjustments to sales incentive programs related to products previously sold are recognized as an adjustment to revenues in the period the adjustment is determinable. The determination of sales allowances requires management to make estimates based upon historical data, estimated future market demand for products, field inventory levels, announced incentive programs, competitive pricing and interest rates, among other things. Sales to dealers may be accompanied by floorplan agreements under which the Company offers wholesale financing, which may include "interest-free" financing for a specified period of time (which also vary by geographic market and product line; see "Note 4: Receivables" for further information). Concurrent with the sale of the equipment, Industrial Activities offers to the dealer wholesale financing through loans extended by Financial Services. Industrial Activities compensates Financial Services for the cost of the interest-free period. The interest-free financing represents a financing component, and therefore is recognized upfront as a reduction of net sales of Industrial Activities. The compensation received by Financial Services from Industrial Activities for the period of the interest-free financing and the interest charged to the dealer for the remaining period is recognized by Financial Services over the period of the outstanding exposure. For parts sales, when the Company provides its customers with a right to return a transferred product, revenue and corresponding cost of sales are recognized for parts that are not expected to be returned. The expected returns are estimated based on an analysis of historical experience. The portion of revenue (and corresponding cost of sales) related to the parts that are expected to be returned is recognized at the end of the return period. The amount received or receivable that is expected to be returned is recognized as a refund liability, representing the obligation to return the customer's consideration. Furthermore, at the time of the initial sale, CNH recognizes a return asset for the right to recover the goods returned by the customer. This asset is initially measured at the former carrying amount of the inventory. At each reporting date, both the refund liability and the return asset are remeasured to record any revisions to the expected level of returns, as well as any decreases in the value of the returned products. Rendering of services Revenues from services are primarily from extended warranties and maintenance and repair services. These revenues are recognized over the contract period as the costs are incurred, which occurs when claims are submitted by the dealer. Amounts invoiced to customers for which CNH receives consideration prior to satisfying the related performance obligation are recorded as contract liabilities. These services are either separately priced or included in the equipment's selling price. When included in the selling price, revenue is allocated to the service component based on its estimated stand-alone selling price. In the event that the costs expected to be incurred to satisfy the remaining performance obligations exceed the transaction price, an estimated contract loss is recognized. Finance and interest income Finance and interest income on receivables is recorded using the effective yield method. Deferred costs on the origination of financing receivables are recognized as a reduction in finance revenue over the expected lives of the receivables using the effective yield method. Recognition of income on loans is suspended when management determines that collection of future income is not probable or when an account becomes 90 days past due, whichever occurs earlier. Income accrual is resumed when and if the receivable becomes contractually current and collection becomes probable. Previously suspended income is recognized at that time. The Company applies cash received on nonaccrual financing receivables to first reduce any unrecognized interest and then the recorded investment and any other fees. Rents and other income on operating leases Income from operating leases is recognized over the term of the lease on a straight-line basis. Sales Allowances CNH grants certain sales allowances to promote the sale of its products to retail customers. The cost for such allowance programs are recorded as a deduction from gross sales at the time of the sale of the product to the dealer. The cost for new programs is accrued at the inception of the program. The amounts of incentives to be paid are estimated based upon historical data, estimated future market demand for products, field inventory levels, announced incentive programs, competitive pricing and interest rates, among other things.
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| Warranty Costs | Warranty Costs At the time revenue is recognized for equipment or parts sales, CNH records an estimate of future base warranty costs. Total warranty liabilities are determined using historical claims rate and applicable contractual terms for products still under warranty. Quality campaigns are formal post-production modification programs approved by management. The liabilities for such programs are recognized when approved, based on an estimate of the total cost of the program. Warranty liabilities include estimated costs for parts owned by dealers that are utilized for warranty repairs, including parts sold by CNH to dealers prior to their utilization in warranty repairs.
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| Advertising | Advertising CNH expenses advertising costs as incurred.
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| Research and Development | Research and Development Research and development costs are expensed as incurred.
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| Borrowing Costs | Borrowing Costs Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, and those that require a substantial period of time to be made ready for their intended use or sale, are capitalized and amortized over the useful life of the related asset class. All other borrowing costs are expensed when incurred.
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| Government Grants | Government Grants Government grants are recognized in the financial statements when the Company has reasonable assurance that it will meet the grant conditions and receive the funds. Government grants are recognized as income over the periods in which the related costs are incurred. The benefit of a government loan at a below-market rate of interest is treated as a government grant. The benefit is measured as the difference between the loan's initial carrying amount (fair value plus transaction costs) and the proceeds received. The loan is accounted for in accordance with the Company's government grant policies.
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| Foreign Currency | Foreign Currency Certain of CNH's non-U.S. affiliates maintain their books and accounting records using local currency as the functional currency. Assets and liabilities of these non-U.S. affiliates are translated into U.S. dollars at period-end exchange rates. Translation adjustments are included in "Accumulated other comprehensive income (loss)" within the Company's Consolidated Balance Sheets. Income and expense accounts of these non-U.S. subsidiaries are translated at the average exchange rates for the period. Gains and losses from foreign currency transactions are included in net income in the period during which they arise. Net foreign currency transaction gains and losses, including the cost of hedging instruments, are reflected in "Other, net" in the accompanying Consolidated Statements of Operations.
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| Cash and Cash Equivalents | Cash and Cash Equivalents Cash equivalents are highly liquid investments with an original maturity of three months or less. The carrying value of cash equivalents approximates fair value because of the short maturity of these investments.
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| Restricted Cash | Restricted Cash Restricted cash consists of principal and interest payments from retail notes and wholesale receivables owned by the consolidated VIEs that are payable to the VIEs' investors, as well as cash pledged as a credit enhancement to those same investors. These amounts are held by depository banks in order to comply with contractual agreements. Restricted cash equivalents also include balances held under escrow exclusively for the repayment of the pension obligations relating to U.K. Pension plans.
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| Cash Flow Information | Cash Flow Information All cash flows from the changes in trade accounts and notes receivable are classified as operating activities in the consolidated statements of cash flows as these receivables arise from sales to CNH's customers. Cash flows from financing receivables that are related to sales to CNH's dealers are also included in operating activities. CNH's financing of receivables related to equipment sold by dealers is included in investing activities. CNH paid interest of $1,462 million, $1,598 million and $1,091 million for the years ended December 31, 2025, 2024 and 2023, respectively. In 2025, "Other non-cash items" of $647 million primarily included amortization of debt issuance costs and discounts of $45 million, writedowns of financial assets of $313 million, a $172 million non-cash impairment charge related to IPR&D acquired as part of the Raven and Bennamann acquisitions, and $62 million charge related to investments in unconsolidated affiliates. In 2024, "Other non-cash items" of $340 million primarily included amortization of debt issuance costs and discounts of $71 million and writedowns of financial assets of $204 million. In 2023, "Other non-cash items" of $183 million primarily included share-based payments of $99 million and writedowns of financial assets of $80 million. In 2025, Investing Activities - "Other, net" consisted of change in related party receivable/payable with Iveco Group of $(117) million. In 2024, Investing Activities - "Other, net" included change in related party receivable/payable with Iveco Group of $151 million. In 2023, Investing Activities - "Other, net" included cash paid for business acquisitions of $312 million.
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| Receivables | Receivables Receivables are recorded at amortized cost, net of allowances for credit losses and deferred fees and costs. Periodically, the Company sells or transfers retail notes and wholesale receivables to funding facilities or in securitization transactions. In accordance with the accounting guidance regarding transfers of financial assets and the consolidation of VIEs, the majority of the retail notes and wholesale receivables sold in securitizations do not qualify as sales and are recorded as secured borrowings with no gains or losses recognized at the time of securitization. Receivables associated with these securitization transactions and receivables that the Company has the ability and intent to hold for the foreseeable future are classified as held for investment. The substantial majority of the Company’s receivables, which include unrestricted receivables and restricted receivables for securitization investors, are classified as held for investment.
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| Allowance for Credit Losses | Allowance for Credit Losses The allowance for credit losses is the Company's estimate of the lifetime expected credit losses inherent in the trade receivables and financing receivables owned by the Company. Retail receivables primarily include retail notes and finance leases to end use customers and revolving charge accounts, which represent financing for customers to purchase parts, service, rentals, implements and attachments from CNH dealers. Wholesale receivables include dealer floorplan financing, and to a lesser extent, the financing of dealer operations. Typically, our receivables within a geographic area have similar risk profiles and methods for assessing and monitoring risk. Retail customer receivables that share the same risk characteristics such as, collateralization levels, geography, product type and other relevant factors are reviewed on a collective basis using measurement models and management judgment. The allowance for retail credit losses is based on loss forecast models that consider a variety of factors that include, but are not limited to, historical loss experience, collateral value, portfolio balance and delinquency. The loss forecast models are updated on a quarterly basis. The calculation is adjusted for forward-looking macroeconomic factors, such as Gross Domestic Product and Net Farm Income. The forward-looking macroeconomic factors are updated quarterly. In addition, qualitative factors that are not fully captured in the loss forecast models are considered in the evaluation of the adequacy of the allowance for credit losses. These qualitative factors are subjective and require a degree of management judgment. Trade and wholesale receivables that share the same risk characteristics such as, collateralization levels, term, geography and other relevant factors are reviewed on a collective basis using measurement models and management judgment. The allowance for trade and wholesale credit losses is based on loss forecast models that consider a variety of factors that include, but are not limited to, historical loss experience, collateral value, portfolio balance and delinquency. The loss forecast models are updated on a quarterly basis. The calculation is adjusted for forward-looking macroeconomic factors, such as industry sales volumes. The forward-looking macroeconomic factors are updated quarterly. In addition, qualitative factors that are not fully captured in the loss forecast models are considered in the evaluation of the adequacy of the allowance for credit losses. These qualitative factors are subjective and require a degree of management judgment. Retail, trade and wholesale receivables that do not have similar risk characteristics are individually reviewed based on, among other items, amounts outstanding, days past due and prior collection history. Expected credit losses are measured by considering: the probability-weighted estimates of cash flows and collateral value; the time value of money; current conditions and forecasts of future economic conditions. Expected credit losses are measured as the probability-weighted present value of all cash shortfalls (including the value of the collateral, if appropriate) over the expected life of each financial asset. Charge-offs of principal amounts of receivables outstanding are deducted from the allowance at the point when it is estimated that amounts due are deemed uncollectible. Revolving charge accounts are generally deemed to be uncollectible and charged off to the allowance for credit losses when delinquency reaches 120 days.
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| Inventories | Inventories Inventories are stated at the lower of cost or net realizable value. Cost is determined by the first-in, first-out method. The cost of finished goods and work-in-progress includes the cost of raw materials, other direct costs and production overheads.
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| Property, Plant and Equipment | Property, Plant and Equipment Property, plant and equipment are stated at cost, less accumulated depreciation. Expenditures for maintenance and repairs are expensed as incurred. Assets held under finance leases, for which the Company assumes substantially all the risks and rewards of ownership, are recognized as assets of the Company at the lower of fair value or present value of the minimum lease payments. The corresponding liability to the lessor is included in the financial statements as debt.
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| Impairment of Long-Lived Assets, Goodwill and Other Intangible Assets | Impairment of Long-Lived Assets CNH evaluates the recoverability of the carrying amount of long-lived assets whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be fully recoverable. If circumstances require a long-lived asset or asset group to be tested for possible impairment, CNH compares the carrying amount of an asset or asset group to future undiscounted net cash flows expected to be generated by the asset. If the carrying amount of the long-lived asset or asset group is not recoverable on an undiscounted cash flow basis, an impairment is recognized to the extent that the carrying amount exceeds its fair value.
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| Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets Goodwill represents the excess of the aggregate purchase price over the fair value of the net assets acquired. Other indefinite-lived assets primarily consist of IPR&D, software in progress and acquired trademarks which have no legal, regulatory, contractual, competitive, economic, or other factor that limits their useful life. Goodwill and indefinite-lived intangible assets are not amortized and are reviewed for impairment at least annually. At December 31, 2025 and 2024, the Company performed its annual goodwill impairment review and determined there was no impairment to goodwill. At December 31, 2025 and 2024, the Company performed its annual impairment reviews of indefinite-lived intangible assets. The Company recorded a $123 million non-cash impairment charge in 2025 and an $11 million charge in 2024 related to IPR&D acquired as part of the Raven acquisition. In addition, as a result of an interim triggering event during the third quarter of 2025, the Company performed an interim impairment review of IPR&D acquired as part of the Bennamann acquisition and recorded a non-cash impairment charge of $49 million. Definite-lived intangible assets consist primarily of acquired dealer networks, product drawings, patents, and capitalized software. Software costs capitalized by CNH primarily relate to costs incurred in the production of software to be embedded in our products. Capitalized software costs are included in "Other intangible assets, net" on our Consolidated Balance Sheets. Capitalization of software costs begins when technological feasibility has been established and ends upon reaching commercialization. Amortization of definite-lived intangible assets occurs on a straight-line basis over the useful life of the asset which is primarily 2 – 5 years for capitalized software and 5 - 25 years for other definite-lived intangible assets. As stated above, the Company evaluates the recoverability of the carrying amount of long-lived assets, which include definite-lived intangible assets, whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be fully recoverable. If circumstances require a long-lived asset to be tested for possible impairment, the carrying amount of an asset or asset group is compared to future undiscounted net cash flows expected to be generated by the asset or asset group. If the carrying amount of the long-lived asset or asset group is not recoverable on an undiscounted cash flow basis, an impairment is recognized to the extent that the carrying amount exceeds its fair value. Reference is made to "Note 9: Goodwill and Other Intangibles" for further information regarding goodwill and other intangible assets.
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| Income Taxes | Income Taxes The provision for income taxes is determined using the asset and liability method. CNH recognizes a current tax liability or asset for the estimated taxes payable or refundable on tax returns for the current year and tax contingencies estimated to be settled with taxing authorities within one year. A deferred tax liability or asset is recognized for the estimated future tax effects attributable to temporary differences and tax attributes. The measurement of current and deferred tax liabilities and assets is based on provisions of enacted tax law. Valuation allowances are recorded to reduce deferred tax assets when it is more likely than not that a tax benefit will not be realized based on available evidence.
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| Derivatives | Derivatives The Company uses derivative transactions to manage exposures that arise in the normal course of business and not for trading or speculative purposes. All derivative financial instruments are recorded in the Consolidated Balance Sheets as either an asset or a liability measured at fair value. The fair value of CNH's foreign exchange derivatives is based on quoted market exchange rates, adjusted for the respective interest rate differentials (premiums or discounts). The fair value of CNH's interest rate derivatives is based on discounting expected cash flows, using market interest rates, over the remaining term of the instrument. Changes in the fair value of derivative financial instruments are recognized in current income unless specific hedge accounting criteria are met. For derivative financial instruments designated to hedge exposure to changes in the fair value of a recognized asset or liability, the gain or loss is recognized in income in the period of change, together with the offsetting loss or gain on the related hedged item. For derivative financial instruments designated to hedge exposure to variable cash flows of a forecasted transaction, the derivative financial instrument's gain or loss is initially reported in "Accumulated other comprehensive income (loss)" and is subsequently reclassified into income when the forecasted transaction affects income. For derivative financial instruments that are not designated as hedges but held as economic hedges, the gain or loss is recognized immediately in income. For derivative instruments designated as hedges, CNH formally documents the hedging relationship, the risk being hedged, and its risk management objective. Fair value hedges are linked to specific recognized assets or liabilities. Cash flow hedges are linked to specific forecasted transactions or variability in expected cash flows. CNH evaluates hedge effectiveness at inception and on an ongoing basis. If a derivative is determined to be ineffective or if the forecasted transaction is no longer probable, hedge accounting is discontinued and the derivative is subsequently remeasured at fair value with changes recognized in income.
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| Share-Based Compensation Plans | Share-Based Compensation Plans CNH measures all share-based compensation as an expense based on the fair value of each award on the grant date. CNH recognizes share-based compensation costs on a straight-line basis over the requisite service period for each separately vesting portion of an award.
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| New Accounting Pronouncements | New Accounting Pronouncements Adopted in 2025 Improvements to income tax disclosures In December 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2023-09, Improvements to Income Tax Disclosures, to enhance the transparency and decision usefulness of income tax disclosures primarily related to the rate reconciliation and income taxes paid information. The amendments in this update are effective for annual periods beginning after December 15, 2024, and may be applied prospectively or retrospectively. The Company adopted ASU 2023-09 prospectively for the period ending December 31, 2025 with updates to the annual income tax disclosures within Footnote 12: Income Taxes. The adoption of the ASU does not impact our results of operations. Not Yet Adopted Government Grants: Accounting for Government Grants Received by Business Entities In December 2025, the FASB issued ASU 2025-10, Government Grants (Topic 832): Accounting for Government Grants Received by Business Entities, which provides updated guidance on the recognition, measurement, and presentation of government grants. The ASU will be effective for annual reporting periods beginning after December 15, 2028, including interim periods within those years, with early adoption permitted. The Company is currently evaluating the impact on its consolidated financial statements and related disclosures. Hedge Accounting Improvements In November 2025, the FASB issued ASU 2025‑09, Derivatives and Hedging (Topic 815): Hedge Accounting Improvements, which expands hedge accounting eligibility, clarifies cash flow hedge effectiveness, and provides guidance on forecasted interest payments and reference rate reform. The standard is effective for fiscal years beginning after December 15, 2026, including interim periods within those years, with early adoption permitted. Adoption requires a modified retrospective application, with a cumulative‑effect adjustment to opening retained earnings. The ASU is not expected to have a material impact on the Company's consolidated financial statements and related disclosures. Accounting for Internal-Use Software In September 2025, the FASB issued ASU 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40) Targeted Improvements to the Accounting for Internal-Use Software, which simplifies the capitalization guidance by removing all references to software development project stages. Under this standard, eligible software development costs will begin capitalization when management has authorized and committed to funding the software project, and it is probable that the project will be completed and the software will be used to perform the function intended. This update is effective for annual reporting periods beginning after December 15, 2027, and for interim periods within those annual reporting periods, with early adoption permitted. The Company is evaluating the impact of this guidance on its consolidated financial statements and related disclosures. Measurement of Credit Losses for Accounts Receivable and Contract Assets In July 2025, the FASB issued ASU 2025-05, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets, which introduces an optional practical expedient for estimating expected credit losses on current accounts receivable and contract assets. The Company has reviewed the guidance and determined that it will not elect the practical expedient, as it does not provide a benefit to the Company's existing credit loss estimation process. The standard is effective for annual reporting periods beginning after December 15, 2025, and interim periods within those annual reporting periods. Early adoption is permitted, and the guidance is to be applied prospectively after the adoption date. Adoption of the ASU is not expected to have a material impact on the Company's consolidated financial statements and related disclosures. Business Combinations and Consolidations In May 2025, the FASB issued ASU 2025-03, Business Combinations (Topics 805) and Consolidation (Topic 810): Determining the Accounting Acquirer in the Acquisition of a Variable Interest Entity. This standard clarifies the guidance in determining the accounting acquirer in a business combination effected primarily by exchanging equity interests when the acquiree is a VIE that meets the definition of a business. The amendments in this update are effective for interim reporting periods and fiscal years beginning after December 15, 2026, including interim periods within those fiscal years. Adoption of the ASU is not expected to have a material impact on the Company's consolidated financial statements and related disclosures. Expense Disaggregation Disclosures In November 2024, the FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40) to improve the disclosures about a public business entity’s expenses and provide more detailed information about the types of expenses included in certain expense captions in the Consolidated Financial Statements. The amendments in this update are effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027. The Company is evaluating the impact this guidance will have on the disclosures in the Consolidated Financial Statements and related disclosures.
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Summary of Significant Accounting Policies (Tables) |
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| Accounting Policies [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of depreciation recorded over the estimated useful lives | Depreciation is recorded on a straight-line basis over the estimated useful lives of the respective assets as follows:
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Revenue (Tables) |
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| Schedule of disaggregation of revenue | The following table summarizes revenues for the years ended December 31, 2025, 2024 and 2023 (in millions of dollars):
The following table disaggregates revenues by major source for the years ended December 31, 2025, 2024 and 2023 (in millions of dollars):
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Receivables (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Receivables [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of financing receivables | A summary of financing receivables included in the Consolidated Balance Sheets as of December 31, 2025 and 2024 is as follows (in millions of dollars):
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| Schedule of maturities of financing receivables | Maturities of financing receivables as of December 31, 2025 are as follows (in millions of dollars):
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| Schedule of carrying amount of restricted assets | At December 31, 2025 and 2024, the carrying amount of such restricted assets included in financing receivables are the following (in millions of dollars):
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| Schedule of allowance for credit loss | Allowance for credit losses activity for the year ended December 31, 2025, is as follows (in millions of dollars):
Allowance for credit losses activity for the year ended December 31, 2024, is as follows (in millions of dollars):
Allowance for credit losses activity for the year ended December 31, 2023, is as follows (in millions of dollars):
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| Schedule of aging of receivables | The aging of financing receivables and charge-offs by vintage, net of allowance for credit losses, as of December 31, 2025, is as follows (in millions of dollars):
The aging of financing receivables and charge-offs by vintage, net of allowance for credit losses, as of December 31, 2024, is as follows (in millions of dollars):
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Inventories (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Inventory Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of inventories | Inventories as of December 31, 2025 and 2024 consist of the following (in millions of dollars):
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Property, Plant and Equipment (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of property, plant, and equipment | A summary of property, plant and equipment as of December 31, 2025 and 2024 is as follows (in millions of dollars):
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Investments in Unconsolidated Affiliates (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity Method Investments and Joint Ventures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of investments in unconsolidated affiliates | A summary of investments in unconsolidated affiliates as of December 31, 2025 and 2024 is as follows (in millions of dollars):
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| Schedule of results of operations and financial position | A summary of the combined results of operations and financial position as reported by the investees that CNH accounts for using the equity method is as follows (in millions of dollars, unaudited):
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Leases (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Leases [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of future minimum lease payments under operating leases | Future minimum lease payments under non-cancellable leases as of December 31, 2025, were as follows (in millions of dollars):
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| Schedule of equipment on operating leases | A summary of equipment on operating leases as of December 31, 2025, and 2024 is as follows (in millions of dollars):
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| Schedule of undiscounted lease payments to be received under operating leases | The following table sets out a maturity analysis of operating lease payments, showing the undiscounted lease payments to be received after the reporting date (in millions of dollars):
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Goodwill and Other Intangibles (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Intangible Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of changes in the carrying amount of goodwill | Changes in the carrying amount of goodwill, for the years ended December 31, 2025 and 2024 are as follows (in millions of dollars):
|
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| Schedule of other intangible assets and related accumulated amortization | As of December 31, 2025 and 2024, the Company's other intangible assets and related accumulated amortization consisted of the following (in millions of dollars):
|
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Debt (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 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):
(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):
|
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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):
|
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Supplier Finance Programs (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Payables and Accruals [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Supplier Finance Program | Changes in the outstanding obligation for the years ended December 31, 2025 and 2024, are as follows (in millions of dollars):
|
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Income Taxes (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income Tax Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of sources of income before taxes in equity in income of unconsolidated subsidiaries and affiliates | The sources of income before taxes and equity in income of unconsolidated affiliates for the years ended December 31, 2025, 2024 and 2023 are as follows (in millions of dollars):
|
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| Schedule of income tax provision | The provision for income taxes for the years ended December 31, 2025, 2024 and 2023 consisted of the following (in millions of dollars):
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| Schedule of reconciliation of income tax expense | Reconciliation of CNH's income tax expense for the year ended December 31, 2025 in accordance with the guidance in ASU 2023-09 is presented in the following table (in millions of dollars):
(1)Notional interest deduction on qualifying equity under local tax law. Reconciliations of CNH's income tax expense in accordance with the guidance prior to the adoption of ASU 2023-09 for the years ended December 31, 2024 and 2023 are as follows (in millions of dollars):
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| Schedule of components of net deferred tax assets | The components of net deferred tax assets as of December 31, 2025 and 2024 are as follows (in millions of dollars):
Net deferred tax assets are reflected in the accompanying Consolidated Balance Sheets as of December 31, 2025 and 2024 as follows (in millions of dollars):
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| Schedule of Income Taxes Paid, Net of Refunds | Income taxes paid, net of refunds, by jurisdiction for the years ended December 31, 2025, 2024 and 2023 were as follows:
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| Schedule of reconciliation of the gross amounts of tax contingencies | A reconciliation of the gross amounts of tax contingencies at the beginning and end of the year is as follows (in millions of dollars):
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Employee Benefit Plans and Postretirement Benefits (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retirement Benefits [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of defined benefit pension, healthcare and other postemployment plans | The following summarizes data from CNH's defined benefit pension, healthcare and other postemployment plans for the years ended December 31, 2025 and 2024 (in millions of dollars):
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| Schedule of defined benefit pension plans by significant geographical area | The following summarizes data from CNH's defined benefit pension plans by significant geographical area for the years ended December 31, 2025 and 2024 (in millions of dollars):
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| Schedule of net amounts recognized in consolidated balance sheets | Net amounts recognized in the Consolidated Balance Sheets as of December 31, 2025 and 2024 consist of (in millions of dollars):
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| Schedule of pre-tax amounts recognized in accumulated other comprehensive loss | Pre-tax amounts recognized in accumulated other comprehensive loss as of December 31, 2025, consist of (in millions of dollars):
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| Schedule of aggregate pension accumulated benefit obligation | The following table summarizes the aggregate pension accumulated benefit obligation and fair value of plan assets for pension plans with accumulated benefit obligations in excess of plan assets (in millions of dollars):
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| Schedule of projected benefit obligations in excess of plan assets | The following table summarizes CNH's pension and other postemployment plans with projected benefit obligations in excess of plan assets (in millions of dollars):
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| Schedule of net periodic benefit cost | The following summarizes the components of net periodic benefit cost (income) of CNH's defined benefit for the years ended December 31, 2025, 2024 and 2023 (in millions of dollars):
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| Schedule of net periodic benefit cost recognized in net income and other changes in plan assets and benefit obligations | Net periodic benefit cost (income) recognized in net income and other changes in plan assets and benefit obligations that are recognized in other comprehensive loss during the year ended December 31, 2025 consist of (in millions of dollars):
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| Schedule of assumptions utilized in determining the funded status and the net periodic benefit cost | The following assumptions were utilized in determining the funded status at December 31, 2025 and 2024, and the net periodic benefit cost of CNH's defined benefit plans for the years ended December 31, 2025, 2024 and 2023 (in percentages):
(1)CNH expects to achieve the ultimate healthcare cost trend rate in 2037 for U.S. plans. A flat trend rate assumption is utilized for the Canada plans.
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| Schedule of weighted average target asset allocation | Weighted-average target asset allocation for all plans for December 31, 2025 are as follows:
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| Schedule of fair value of plan assets by asset category and level within the fair value hierarchy | The following summarizes the fair value of plan assets by asset category and levels within the fair value hierarchy as of December 31, 2025 (in millions of dollars):
(1)This category includes mutual funds, which primarily invest in non-U.S. equities and non-U.S. corporate bonds. (2)This category includes open-ended mutual fund, the underlying assets of the mutual fund are illiquid in nature and are not classified in the fair value hierarchy using the net asset per share practical expedient. The following summarizes the fair value of plan assets by asset category and level within the fair value hierarchy as of December 31, 2024 (in millions of dollars):
(1)This category includes mutual funds, which primarily invest in non-U.S. equities and non-U.S. corporate bonds. (2)This category includes open-ended mutual fund, the underlying assets of the mutual fund are illiquid in nature and are not classified in the fair value hierarchy using the net asset per share practical expedient.
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| Schedule of changes in level 3 plan assets | The following table presents the changes in the Level 3 plan assets for the year ended December 31, 2025 (in millions of dollars):
The following table presents the changes in the Level 3 plan assets for the year ended December 31, 2024 (in millions of dollars):
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| Schedule of cash flows related to total benefits expected to be paid | The benefit expected to be paid from the benefit plans, which reflect expected future years of service, and the Medicare subsidy expected to be received are as follows (in millions of dollars):
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Other Liabilities (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other Liabilities Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of other liabilities | A summary of "Other liabilities" as of December 31, 2025 and 2024 is as follows (in millions of dollars):
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| Schedule of recorded activity for the basic warranty and campaign program accrual | A summary of recorded activity for the basic warranty and campaign program accrual for the years ended December 31, 2025 and 2024 are as follows (in millions of dollars):
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| Schedule of restructuring activity | The following table sets forth restructuring activity for the years ended December 31, 2025, 2024 and 2023 (in millions of dollars):
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Commitments and Contingencies (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Commitments and Contingencies Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of financing agreements | At December 31, 2025, Financial Services has various agreements, on an uncommitted basis, to extend credit for the following financing arrangements (in millions of dollars):
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Financial Instruments (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair Value Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Gross impact of changes in fair value of derivatives designated as cash flow hedges on AOCI and net income | The following table summarizes the gross impact of changes in the fair value of derivatives designated as cash flow hedges on "Accumulated other comprehensive loss" and "Net income" during the year ended December 31, 2025, 2024 and 2023 (in millions of dollars):
Significant amounts reclassified out of each component of "Accumulated other comprehensive income (loss)" at December 31, 2025 and 2024 consisted of the following (in millions of dollars):
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| Schedule of impact of changes in fair value of fair value hedges and derivatives not designated as hedging instruments on earnings | The following table summarizes the activity in "Accumulated other comprehensive income (loss)" related to the derivatives held by the Company during the years ended December 31, 2025, 2024 and 2023 (in millions of dollars):
The following tables summarize the impact of the changes in the fair value of fair value hedges and derivatives not designated as hedging instruments had on earnings for the year ended December 31, 2025, 2024 and 2023 (in millions of dollars):
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| Schedule of fair value of derivatives | The fair values of CNH's derivatives as of December 31, 2025 and 2024 in the Consolidated Balance Sheets are recorded as follows (in millions of dollars):
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| Schedule of fair value hierarchy levels | The following tables present for each of the fair-value hierarchy levels the Company's assets and liabilities that are measured at fair value on a recurring basis at December 31, 2025 and 2024 (in millions of dollars):
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| Schedule of investments measured on nonrecurring basis | The following tables present fair value for nonrecurring Level 3 measurements from impairments as of December 31, 2025 and 2024 (in millions of dollars):
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| Schedule of estimated fair market values | The estimated fair market values of financial instruments not carried at fair value in the Consolidated Balance Sheets as of December 31, 2025 and 2024 are as follows (in millions of dollars):
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Shareholders' Equity (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of changes in the composition of the share capital | Changes in the composition of the share capital of CNH Industrial N.V. during 2025, 2024 and 2023 are as follows (number of shares):
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Share-Based Compensation (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Share-Based Payment Arrangement [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of performance-based share units | The following table reflects the activity of PSUs under the Long-Term Incentive Plans during the year ended December 31, 2025:
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| Schedule of activity of restricted share units | The following table reflects the activity of RSUs under the Long-Term Incentive Plans during the year ended December 31, 2025:
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| Schedule of additional share-based compensation | The table below provides additional share-based compensation information for the years ended December 31, 2025, 2024 and 2023 (in millions of dollars):
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Earnings per Share (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of computation of basic and diluted earnings (loss) per share | The following table sets forth the computation of basic and diluted EPS for the years ended December 31, 2025, 2024 and 2023 (in millions of dollars, except per share data):
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Accumulated Other Comprehensive Income (Loss) (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of tax effects on components of other comprehensive income (loss) | The tax effect for each component of other comprehensive income consisted of the following (in millions of dollars):
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| Schedule of changes in other comprehensive income (loss) | The changes, net of tax, in each component of "Accumulated other comprehensive income (loss)" consisted of the following (in millions of dollars):
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| Schedule of reclassification of accumulated other comprehensive income (loss) | The following table summarizes the gross impact of changes in the fair value of derivatives designated as cash flow hedges on "Accumulated other comprehensive loss" and "Net income" during the year ended December 31, 2025, 2024 and 2023 (in millions of dollars):
Significant amounts reclassified out of each component of "Accumulated other comprehensive income (loss)" at December 31, 2025 and 2024 consisted of the following (in millions of dollars):
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Segment Reporting (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Segment Reporting Information, by Segment | The following table includes reported segment revenue and income, significant segment expenses and other segment items considered in the calculation of both Adjusted EBIT for Industrial Activities and Income before income taxes for Financial Services (in millions of dollars):
(1)For Financial Services, the CODM uses Income before income taxes as the measure to allocate resources and assess segment performance. (2)In the years ended December 31, 2025, 2024, and 2023, this item included risk costs for the Financial Services segment of $313 million, $204 million and $80 million, respectively. (3)In the year ended December 31, 2025, this item included an annual pre-tax gain of $21 million and $24 million for the years ended December 31, 2024 and 2023, as a result of the amortization over 4 years of the $101 million positive impact from the 2021 modifications of a healthcare plan in the U.S. (4)Unallocated amounts include certain corporate costs and other operating expenses and incomes not allocated to segments' results. (5)In the year ended December 31, 2025, this item includes a $172 million non-cash impairment charge related to IPR&D acquired as part of the Raven and Bennamann acquisitions, $62 million for non-cash impairment of investment in Monarch Tractors and other minority holdings and a $10 million inventory write-down for the New Holland T6.180 Methane Power Tractor. In the year ended December 31, 2024, this item includes a loss of $17 million on the sale of certain non-core product lines and a gain of $14 million for investment fair value adjustments. In the year ended December 31, 2023, this item includes a loss of $23 million on the sale of the CNH Industrial Russia and CNH Capital Russia businesses, partially offset by a gain of $13 million for the fair value remeasurement of Augmenta and Bennamann.
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| Schedule of operating segment information | A summary of additional operating segment information for the years ended December 31, 2025, 2024 and 2023 is as follows (in millions of dollars):
(1) Excluding equipment on operating leases. (2) Excluding equipment on operating leases and right-of-use assets. A summary of additional operating segment information as of December 31, 2025 and 2024 is as follows (in millions of dollars):
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| Schedule of net revenue | The following highlights revenues earned from external customers in the rest of the world by destination (in millions of dollars):
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| Schedule of long-lived assets by geographical area | The following highlights long-lived tangible and intangible assets by geography in the rest of the world (in millions of dollars):
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Related Party Information (Tables) |
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| Related Party Transactions [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of related party transactions | The following table sets forth the related party transactions entered into with Iveco Group post-Demerger for the time period presented (in millions of dollars):
The following table sets forth the related party transactions entered into for the time period presented (in millions of dollars):
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Presentation (Details) |
12 Months Ended |
|---|---|
|
Dec. 31, 2025
segment
| |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| Number of reportable segments | 3 |
Summary of Significant Accounting Policies - Additional Information (Details) - USD ($) $ in Millions |
3 Months Ended | 12 Months Ended | |||||
|---|---|---|---|---|---|---|---|
Oct. 12, 2023 |
Mar. 15, 2023 |
Mar. 13, 2023 |
Sep. 30, 2025 |
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| New Accounting Pronouncements or Change in Accounting Principle [Line Items] | |||||||
| Delinquent period in which recognition of income on loans is suspended | 90 days | ||||||
| Advertising expense | $ 125 | $ 120 | $ 148 | ||||
| CNH paid interest | 1,462 | 1,598 | 1,091 | ||||
| Other non-cash items | 647 | 340 | 183 | ||||
| Share-based payment arrangement, noncash expense | 45 | 71 | 99 | ||||
| Writedowns of financial assets | 313 | 204 | 80 | ||||
| Impairment losses on assets sold with a buy-back commitment | 172 | 11 | |||||
| Investments in unconsolidated affiliates | 62 | ||||||
| Other payments to acquire businesses | (117) | 151 | $ 312 | ||||
| Gain (loss) at the time of securitization | $ 0 | ||||||
| Minimum | |||||||
| New Accounting Pronouncements or Change in Accounting Principle [Line Items] | |||||||
| Intangible asset useful life | 5 years | ||||||
| Minimum | Capitalized software | |||||||
| New Accounting Pronouncements or Change in Accounting Principle [Line Items] | |||||||
| Intangible asset useful life | 2 years | ||||||
| Maximum | |||||||
| New Accounting Pronouncements or Change in Accounting Principle [Line Items] | |||||||
| Intangible asset useful life | 25 years | ||||||
| Maximum | Capitalized software | |||||||
| New Accounting Pronouncements or Change in Accounting Principle [Line Items] | |||||||
| Intangible asset useful life | 5 years | ||||||
| Hemisphere | |||||||
| New Accounting Pronouncements or Change in Accounting Principle [Line Items] | |||||||
| Consideration transferred in acquisition | $ 181 | ||||||
| Bennamann | |||||||
| New Accounting Pronouncements or Change in Accounting Principle [Line Items] | |||||||
| Consideration transferred in acquisition | $ 51 | ||||||
| Business combination, step acquisition, equity interest in acquiree, including subsequent acquisition, percentage | 50.00% | ||||||
| Percentage of capital stock acquired | 34.40% | ||||||
| Impairment losses on assets sold with a buy-back commitment | $ 49 | ||||||
| Augmenta | |||||||
| New Accounting Pronouncements or Change in Accounting Principle [Line Items] | |||||||
| Consideration transferred in acquisition | $ 80 | ||||||
| Percentage of capital stock acquired | 89.50% | ||||||
| Deferred payment | $ 10 | ||||||
| Raven Industries, Inc. | |||||||
| New Accounting Pronouncements or Change in Accounting Principle [Line Items] | |||||||
| Impairment losses on assets sold with a buy-back commitment | $ 123 | $ 11 | |||||
Summary of Significant Accounting Policies - Estimated Useful Lives of Respective Assets (Details) |
Dec. 31, 2025 |
|---|---|
| Minimum | Buildings and improvements | |
| Property, Plant and Equipment [Line Items] | |
| Estimated useful lives | 10 years |
| Minimum | Plant, machinery and equipment | |
| Property, Plant and Equipment [Line Items] | |
| Estimated useful lives | 5 years |
| Minimum | Other equipment | |
| Property, Plant and Equipment [Line Items] | |
| Estimated useful lives | 3 years |
| Maximum | Buildings and improvements | |
| Property, Plant and Equipment [Line Items] | |
| Estimated useful lives | 40 years |
| Maximum | Plant, machinery and equipment | |
| Property, Plant and Equipment [Line Items] | |
| Estimated useful lives | 25 years |
| Maximum | Other equipment | |
| Property, Plant and Equipment [Line Items] | |
| Estimated useful lives | 10 years |
Revenue - Summary of Net Revenues (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Disaggregation of Revenue [Line Items] | |||
| Net sales | $ 15,346 | $ 17,060 | $ 22,080 |
| Total Revenues | 18,095 | 19,836 | 24,687 |
| Total Industrial Activities | |||
| Disaggregation of Revenue [Line Items] | |||
| Net sales | 15,346 | 17,060 | 22,080 |
| Operating Segments | |||
| Disaggregation of Revenue [Line Items] | |||
| Net sales | 15,346 | 17,060 | 22,080 |
| Operating Segments | Financial Services | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenue not from sales of goods and services | 2,720 | 2,774 | 2,573 |
| Operating Segments | Agriculture | |||
| Disaggregation of Revenue [Line Items] | |||
| Net sales | 12,390 | 14,007 | 18,148 |
| Operating Segments | Construction | |||
| Disaggregation of Revenue [Line Items] | |||
| Net sales | 2,956 | 3,053 | 3,932 |
| Intersegment Eliminations | |||
| Disaggregation of Revenue [Line Items] | |||
| Total Revenues | 29 | 2 | 34 |
| Intersegment Eliminations | Eliminations and other | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenue not from sales of goods and services | $ 29 | $ 2 | $ 34 |
Revenue - Disaggregation of Net Revenues by Major Source (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Disaggregation of Revenue [Line Items] | |||
| Revenues from sales of goods and services | $ 15,346 | $ 17,060 | $ 22,080 |
| Finance and interest income | 2,132 | 2,170 | 1,882 |
| Rents and other income on operating leases | 617 | 606 | 725 |
| Finance, interest and other income | 2,749 | 2,776 | 2,607 |
| Total Revenues | 18,095 | 19,836 | 24,687 |
| Sales of goods | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues from sales of goods and services | 15,290 | 17,009 | 22,036 |
| Rendering of services and other revenues | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues from sales of goods and services | $ 56 | $ 51 | $ 44 |
Revenue - Additional Information (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] | |||
| Contract liabilities | $ 122 | $ 72 | $ 50 |
| Revenues relating to contract liabilities outstanding | 21 | 18 | 11 |
| Remaining performance obligation | $ 122 | $ 72 | $ 48 |
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01 | |||
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] | |||
| Percentage of revenue recognized on remaining performance obligation | 32.00% | ||
| Percentage of revenue recognized on remaining performance obligation, period two | 95.00% | ||
| Revenue over the remaining lives of the contracts | 12 months | ||
| Revenue over the remaining lives of the contracts, period two | 36 months | ||
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01 | |||
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] | |||
| Percentage of revenue recognized on remaining performance obligation | 30.00% | ||
| Percentage of revenue recognized on remaining performance obligation, period two | 90.00% | ||
| Revenue over the remaining lives of the contracts | 12 months | ||
| Revenue over the remaining lives of the contracts, period two | 36 months | ||
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01 | |||
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] | |||
| Percentage of revenue recognized on remaining performance obligation | 27.00% | ||
| Percentage of revenue recognized on remaining performance obligation, period two | 81.00% | ||
| Revenue over the remaining lives of the contracts | 12 months | ||
| Revenue over the remaining lives of the contracts, period two | 36 months | ||
Receivables - Additional Information (Details) - USD ($) $ in Millions |
12 Months Ended | |||
|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
|
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
| Trade receivables, net | $ 226 | $ 125 | ||
| Allowances for doubtful accounts | 27 | 21 | ||
| Financing Receivable, Unamortized Loan Cost (Fee) | 722 | 533 | ||
| Allowance for credit loss | $ 572 | 424 | ||
| Wholesale receivables interest free period | 12 months | |||
| Wholesale receivables stated original maturities | 24 months | |||
| Gain (loss) on contract termination | $ 0 | 0 | $ 0 | |
| Contractual payments period | 30 days | |||
| Receivables delinquency period | 90 days | |||
| Retail | ||||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
| Allowance for credit loss | $ 518 | 376 | $ 310 | $ 270 |
| Brazil | ||||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
| Allowance for credit loss | 121 | |||
| South America | Retail | ||||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
| Finance lease receivable, post-modification value | 126 | 95 | ||
| South America | Retail | Agriculture | ||||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
| Finance lease receivable, post-modification value | $ 513 | $ 380 | ||
| Minimum | ||||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
| Finance leases, term | 2 years | |||
| Maximum | ||||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||
| Finance leases, term | 7 years | |||
Receivables - Summary of Accounts and Notes Receivables (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Financing receivables, net | $ 23,105 | $ 23,085 |
| Retail | ||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Financing receivables, net | 14,616 | 14,297 |
| Wholesale | ||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Financing receivables, net | 8,437 | 8,749 |
| Other | ||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||
| Financing receivables, net | $ 52 | $ 39 |
Receivables - Maturities of Financing Receivables (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Receivables [Abstract] | ||
| 2026 | $ 14,158 | |
| 2027 | 3,263 | |
| 2028 | 2,497 | |
| 2029 | 1,747 | |
| 2030 | 1,025 | |
| 2031 and thereafter | 415 | |
| Total | $ 23,105 | $ 23,085 |
Receivables - Carrying Amount of Receivables (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items] | ||
| Total | $ 13,094 | $ 13,938 |
| Retail | ||
| Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items] | ||
| Total | 8,041 | 8,692 |
| Wholesale | ||
| Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items] | ||
| Total | $ 5,053 | $ 5,246 |
Receivables - Allowance for Credit Losses Activity (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Financing Receivable, Allowance for Credit Losses [Roll Forward] | |||
| Balance at beginning of year | $ 424 | ||
| Balance at end of year | 572 | $ 424 | |
| Retail | |||
| Financing Receivable, Allowance for Credit Losses [Roll Forward] | |||
| Balance at beginning of year | 376 | 310 | $ 270 |
| Provision | 310 | 201 | 86 |
| Charge-offs | (229) | (89) | (42) |
| Recoveries | 31 | 6 | 4 |
| Foreign currency translation and other | 30 | (52) | (8) |
| Balance at end of year | 518 | 376 | 310 |
| Wholesale | |||
| Financing Receivable, Allowance for Credit Losses [Roll Forward] | |||
| Balance at beginning of year | 48 | 53 | 64 |
| Provision | 3 | 3 | (6) |
| Charge-offs | (4) | (7) | (5) |
| Recoveries | 3 | 3 | 0 |
| Foreign currency translation and other | 4 | (4) | 0 |
| Balance at end of year | $ 54 | $ 48 | $ 53 |
Receivables - Summary of Aging of Receivables (Details) - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Retail | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | $ 14,616 | $ 14,297 |
| Charge-offs | ||
| Total | 229 | 89 |
| Retail | Total Performing | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 14,361 | 14,201 |
| Retail | Non- Performing | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 255 | 96 |
| Retail | North America | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Current fiscal year | 4,279 | 4,490 |
| Fiscal year before current fiscal year | 2,564 | 2,151 |
| Two years before current fiscal year | 1,352 | 1,425 |
| Three years before current fiscal year | 734 | 768 |
| Four years before current fiscal year | 376 | 250 |
| Prior | 74 | 59 |
| Total | 9,379 | 9,143 |
| Charge-offs | ||
| Current fiscal year | 7 | 5 |
| Fiscal year before current fiscal year | 17 | 12 |
| Two years before current fiscal year | 23 | 9 |
| Three years before current fiscal year | 10 | 5 |
| Four years before current fiscal year | 3 | 3 |
| Prior | 4 | 3 |
| Total | 64 | 37 |
| Retail | North America | Total Performing | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Current fiscal year | 4,270 | 4,485 |
| Fiscal year before current fiscal year | 2,549 | 2,145 |
| Two years before current fiscal year | 1,343 | 1,421 |
| Three years before current fiscal year | 729 | 766 |
| Four years before current fiscal year | 374 | 249 |
| Prior | 72 | 58 |
| Total | 9,337 | 9,124 |
| Retail | North America | Non- Performing | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Current fiscal year | 9 | 5 |
| Fiscal year before current fiscal year | 15 | 6 |
| Two years before current fiscal year | 9 | 4 |
| Three years before current fiscal year | 5 | 2 |
| Four years before current fiscal year | 2 | 1 |
| Prior | 2 | 1 |
| Total | 42 | 19 |
| Retail | South America | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Current fiscal year | 1,035 | 1,405 |
| Fiscal year before current fiscal year | 1,071 | 1,281 |
| Two years before current fiscal year | 910 | 544 |
| Three years before current fiscal year | 372 | 295 |
| Four years before current fiscal year | 171 | 129 |
| Prior | 81 | 66 |
| Total | 3,640 | 3,720 |
| Charge-offs | ||
| Current fiscal year | 13 | 0 |
| Fiscal year before current fiscal year | 53 | 2 |
| Two years before current fiscal year | 70 | 24 |
| Three years before current fiscal year | 20 | 12 |
| Four years before current fiscal year | 4 | 4 |
| Prior | 3 | 3 |
| Total | 163 | 45 |
| Retail | South America | Total Performing | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Current fiscal year | 1,031 | 1,400 |
| Fiscal year before current fiscal year | 1,017 | 1,255 |
| Two years before current fiscal year | 826 | 518 |
| Three years before current fiscal year | 331 | 287 |
| Four years before current fiscal year | 159 | 127 |
| Prior | 76 | 65 |
| Total | 3,440 | 3,652 |
| Retail | South America | Non- Performing | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Current fiscal year | 4 | 5 |
| Fiscal year before current fiscal year | 54 | 26 |
| Two years before current fiscal year | 84 | 26 |
| Three years before current fiscal year | 41 | 8 |
| Four years before current fiscal year | 12 | 2 |
| Prior | 5 | 1 |
| Total | 200 | 68 |
| Retail | Asia Pacific | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Current fiscal year | 641 | 563 |
| Fiscal year before current fiscal year | 427 | 403 |
| Two years before current fiscal year | 278 | 277 |
| Three years before current fiscal year | 164 | 129 |
| Four years before current fiscal year | 60 | 41 |
| Prior | 12 | 3 |
| Total | 1,582 | 1,416 |
| Charge-offs | ||
| Current fiscal year | 0 | 0 |
| Fiscal year before current fiscal year | 0 | 1 |
| Two years before current fiscal year | 0 | 1 |
| Three years before current fiscal year | 0 | 1 |
| Four years before current fiscal year | 1 | 2 |
| Prior | 1 | 2 |
| Total | 2 | 7 |
| Retail | Asia Pacific | Total Performing | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Current fiscal year | 641 | 563 |
| Fiscal year before current fiscal year | 426 | 402 |
| Two years before current fiscal year | 277 | 276 |
| Three years before current fiscal year | 164 | 129 |
| Four years before current fiscal year | 60 | 41 |
| Prior | 12 | 3 |
| Total | 1,580 | 1,414 |
| Retail | Asia Pacific | Non- Performing | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Current fiscal year | 0 | 0 |
| Fiscal year before current fiscal year | 1 | 1 |
| Two years before current fiscal year | 1 | 1 |
| Three years before current fiscal year | 0 | 0 |
| Four years before current fiscal year | 0 | 0 |
| Prior | 0 | 0 |
| Total | 2 | 2 |
| Retail | EMEA | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 15 | 18 |
| Charge-offs | ||
| Total | 0 | 0 |
| Retail | EMEA | Total Performing | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 4 | 11 |
| Retail | EMEA | Non- Performing | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 11 | 7 |
| Retail | 31-60 Days Past Due | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 105 | 97 |
| Retail | 31-60 Days Past Due | North America | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 60 | 64 |
| Retail | 31-60 Days Past Due | South America | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 42 | 29 |
| Retail | 31-60 Days Past Due | Asia Pacific | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 3 | 4 |
| Retail | 31-60 Days Past Due | EMEA | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 0 | 0 |
| Retail | 61-90 Days Past Due | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 36 | 8 |
| Retail | 61-90 Days Past Due | North America | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 3 | 4 |
| Retail | 61-90 Days Past Due | South America | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 30 | 1 |
| Retail | 61-90 Days Past Due | Asia Pacific | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 3 | 3 |
| Retail | 61-90 Days Past Due | EMEA | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 0 | 0 |
| Retail | Total Past Due | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 141 | 105 |
| Retail | Total Past Due | North America | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 63 | 68 |
| Retail | Total Past Due | South America | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 72 | 30 |
| Retail | Total Past Due | Asia Pacific | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 6 | 7 |
| Retail | Total Past Due | EMEA | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 0 | 0 |
| Retail | Current | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 14,220 | 14,096 |
| Retail | Current | North America | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 9,274 | 9,056 |
| Retail | Current | South America | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 3,368 | 3,622 |
| Retail | Current | Asia Pacific | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 1,574 | 1,407 |
| Retail | Current | EMEA | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 4 | 11 |
| Wholesale | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 8,437 | 8,749 |
| Charge-offs | ||
| Total | 4 | 7 |
| Wholesale | Total Performing | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 8,419 | 8,725 |
| Wholesale | Non- Performing | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 18 | 24 |
| Wholesale | North America | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 4,159 | 4,840 |
| Charge-offs | ||
| Total | 0 | 0 |
| Wholesale | North America | Total Performing | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 4,142 | 4,817 |
| Wholesale | North America | Non- Performing | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 17 | 23 |
| Wholesale | South America | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 1,254 | 1,048 |
| Charge-offs | ||
| Total | 0 | 0 |
| Wholesale | South America | Total Performing | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 1,254 | 1,048 |
| Wholesale | South America | Non- Performing | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 0 | 0 |
| Wholesale | Asia Pacific | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 882 | 887 |
| Charge-offs | ||
| Total | 1 | 2 |
| Wholesale | Asia Pacific | Total Performing | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 881 | 886 |
| Wholesale | Asia Pacific | Non- Performing | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 1 | 1 |
| Wholesale | EMEA | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 2,142 | 1,974 |
| Charge-offs | ||
| Total | 3 | 5 |
| Wholesale | EMEA | Total Performing | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 2,142 | 1,974 |
| Wholesale | EMEA | Non- Performing | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 0 | 0 |
| Wholesale | 31-60 Days Past Due | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 11 | 9 |
| Wholesale | 31-60 Days Past Due | North America | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 0 | 0 |
| Wholesale | 31-60 Days Past Due | South America | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 3 | 0 |
| Wholesale | 31-60 Days Past Due | Asia Pacific | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 2 | 2 |
| Wholesale | 31-60 Days Past Due | EMEA | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 6 | 7 |
| Wholesale | 61-90 Days Past Due | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 5 | 1 |
| Wholesale | 61-90 Days Past Due | North America | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 0 | 0 |
| Wholesale | 61-90 Days Past Due | South America | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 0 | 0 |
| Wholesale | 61-90 Days Past Due | Asia Pacific | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 2 | 1 |
| Wholesale | 61-90 Days Past Due | EMEA | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 3 | 0 |
| Wholesale | Total Past Due | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 16 | 10 |
| Wholesale | Total Past Due | North America | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 0 | 0 |
| Wholesale | Total Past Due | South America | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 3 | 0 |
| Wholesale | Total Past Due | Asia Pacific | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 4 | 3 |
| Wholesale | Total Past Due | EMEA | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 9 | 7 |
| Wholesale | Current | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 8,403 | 8,715 |
| Wholesale | Current | North America | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 4,142 | 4,817 |
| Wholesale | Current | South America | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 1,251 | 1,048 |
| Wholesale | Current | Asia Pacific | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | 877 | 883 |
| Wholesale | Current | EMEA | ||
| Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss, by Origination Year [Abstract] | ||
| Total | $ 2,133 | $ 1,967 |
Inventories (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Inventory Disclosure [Abstract] | ||
| Raw materials | $ 1,297 | $ 1,372 |
| Work-in-process | 430 | 384 |
| Finished goods | 2,924 | 3,020 |
| Total Inventories | $ 4,651 | $ 4,776 |
Property, Plant and Equipment - Summary of Property, Plant and Equipment (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Property, Plant and Equipment [Line Items] | ||
| Gross property, plant and equipment | $ 6,842 | $ 6,131 |
| Accumulated depreciation | (4,661) | (4,195) |
| Net property, plant and equipment | 2,181 | 1,936 |
| Land and industrial buildings | ||
| Property, Plant and Equipment [Line Items] | ||
| Gross property, plant and equipment | 1,809 | 1,657 |
| Plant, machinery and equipment | ||
| Property, Plant and Equipment [Line Items] | ||
| Gross property, plant and equipment | 4,338 | 3,814 |
| Construction in progress | ||
| Property, Plant and Equipment [Line Items] | ||
| Gross property, plant and equipment | 201 | 227 |
| Other | ||
| Property, Plant and Equipment [Line Items] | ||
| Gross property, plant and equipment | $ 494 | $ 433 |
Property, Plant and Equipment - Additional Information (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Property, Plant and Equipment [Abstract] | |||
| Depreciation expense | $ 267 | $ 235 | $ 213 |
| Contractual commitments | $ 48 | $ 76 | |
Investments in Unconsolidated Affiliates - Summary of Investments in Unconsolidated Subsidiaries and Affiliates (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Equity Method Investments and Joint Ventures [Abstract] | ||
| Equity method | $ 401 | $ 403 |
| Other investments, at carrying value | 36 | 87 |
| Total | $ 437 | $ 490 |
Investments in Unconsolidated Affiliates - Additional Information (Details) $ in Millions |
12 Months Ended |
|---|---|
|
Dec. 31, 2025
USD ($)
| |
| Schedule of Equity Method Investments [Line Items] | |
| Investments in unconsolidated affiliates | $ 62 |
| TürkTraktör ve Ziraat Makineleri A.S. | |
| Schedule of Equity Method Investments [Line Items] | |
| Equity method investment, ownership percentage | 37.50% |
| New Holland HFT Japan Inc. | |
| Schedule of Equity Method Investments [Line Items] | |
| Equity method investment, ownership percentage | 50.00% |
| CNH de Mexico S.A. de C.V. | |
| Schedule of Equity Method Investments [Line Items] | |
| Equity method investment, ownership percentage | 50.00% |
| Al Ghazi Tractors Ltd. | |
| Schedule of Equity Method Investments [Line Items] | |
| Equity method investment, ownership percentage | 43.20% |
| CIFINS S.p.a | |
| Schedule of Equity Method Investments [Line Items] | |
| Equity method investment, ownership percentage | 50.00% |
Investments in Unconsolidated Affiliates - Combined Results of Operations and Financial Position Reported By Investees Accounted Using Equity Method (Details) - USD ($) $ in Millions |
12 Months Ended | |||
|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
|
| Income Statement [Abstract] | ||||
| Net revenue | $ 15,346 | $ 17,060 | $ 22,080 | |
| Net income | 505 | 1,259 | 2,287 | |
| Statement of Financial Position [Abstract] | ||||
| Total assets | 42,747 | 42,933 | ||
| Total liabilities | 34,922 | 35,165 | ||
| Total Equity | 7,772 | 7,713 | 8,096 | $ 6,927 |
| Unconsolidated Subsidiaries and Affiliates | ||||
| Income Statement [Abstract] | ||||
| Net revenue | 2,015 | 2,621 | 2,748 | |
| Income before taxes | 278 | 481 | 632 | |
| Net income | 198 | 380 | $ 477 | |
| Statement of Financial Position [Abstract] | ||||
| Total assets | 8,498 | 7,558 | ||
| Total liabilities | 7,335 | 6,430 | ||
| Total Equity | $ 1,163 | $ 1,128 | ||
Leases - Additional Information (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Lessee, Lease, Description [Line Items] | |||
| Short-term lease expenses | $ 4 | $ 5 | $ 10 |
| Operating lease expenses | 108 | 106 | 93 |
| Right-of-use asset | 264 | 275 | |
| Total | $ 272 | $ 282 | |
| Other assets | Other assets | Other assets | |
| Other liabilities | Other liabilities | Other liabilities | |
| Weighted average remaining lease term | 4 years 6 months | 5 years 1 month 6 days | |
| Weighted average discount rate | 4.60% | 4.50% | |
| Leased assets obtained in exchange for operating lease obligations | $ 77 | $ 84 | |
| Operating cash outflow for amounts included in the measurement of operating lease obligations | 108 | 103 | |
| Depreciation expense on equipment operating leases | $ 197 | $ 188 | $ 187 |
| Minimum | |||
| Lessee, Lease, Description [Line Items] | |||
| Operating lease term | 3 years | ||
| Maximum | |||
| Lessee, Lease, Description [Line Items] | |||
| Operating lease term | 5 years | ||
Leases - Schedule of Future Minimum Lease Payments Under Operating Leases (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Operating Lease Liabilities, Payments Due [Abstract] | ||
| 2026 | $ 89 | |
| 2027 | 70 | |
| 2028 | 49 | |
| 2029 | 34 | |
| 2030 | 21 | |
| 2031 and thereafter | 44 | |
| Total future minimum lease payments | 307 | |
| Less: Interest | 35 | |
| Total | $ 272 | $ 282 |
Leases - Summary of Equipment on Operating Leases (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Leases [Abstract] | ||
| Equipment on operating leases | $ 1,963 | $ 1,831 |
| Accumulated depreciation and other changes | (372) | (365) |
| Net equipment on operating leases | $ 1,591 | $ 1,466 |
Leases - Schedule of Future Minimum Lease Payments to be Received (Details) $ in Millions |
Dec. 31, 2025
USD ($)
|
|---|---|
| Lessor, Operating Lease, Payments, Fiscal Year Maturity [Abstract] | |
| 2026 | $ 215 |
| 2027 | 147 |
| 2028 | 70 |
| 2029 | 33 |
| 2030 | 10 |
| 2031 and thereafter | 1 |
| Total undiscounted lease payments | $ 476 |
Goodwill and Other Intangibles - Changes in the Carrying Amount of Goodwill (Details) - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Goodwill [Roll Forward] | ||
| Balance at beginning | $ 3,584 | $ 3,614 |
| Foreign currency translation and other | 33 | (30) |
| Balance at ending | 3,617 | 3,584 |
| Agriculture | ||
| Goodwill [Roll Forward] | ||
| Balance at beginning | 3,402 | 3,426 |
| Foreign currency translation and other | 25 | (24) |
| Balance at ending | 3,427 | 3,402 |
| Construction | ||
| Goodwill [Roll Forward] | ||
| Balance at beginning | 44 | 47 |
| Foreign currency translation and other | 6 | (3) |
| Balance at ending | 50 | 44 |
| Financial Services | ||
| Goodwill [Roll Forward] | ||
| Balance at beginning | 138 | 141 |
| Foreign currency translation and other | 2 | (3) |
| Balance at ending | $ 140 | $ 138 |
Goodwill and Other Intangibles - Additional Information (Details) - USD ($) |
3 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2025 |
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Goodwill [Line Items] | ||||
| Impairments to goodwill | $ 0 | |||
| Goodwill exceeded the carrying value | 36.00% | |||
| Impairment losses on assets sold with a buy-back commitment | $ 172,000,000 | $ 11,000,000 | ||
| Impairment of goodwill and other intangible assets | 11,000,000 | |||
| Amortization expense | $ 165,000,000 | 182,000,000 | $ 164,000,000 | |
| Finite-lived intangible assets, remaining amortization period | 5 years | |||
| Estimated amortization expense next year | $ 160,000,000 | |||
| Estimated amortization expense in two years | 136,000,000 | |||
| Estimated amortization expense in three years | 87,000,000 | |||
| Estimated amortization expense in four years | 60,000,000 | |||
| Estimated amortization expense in five years | 56,000,000 | |||
| Raven Industries, Inc. | ||||
| Goodwill [Line Items] | ||||
| Impairment losses on assets sold with a buy-back commitment | 123,000,000 | $ 11,000,000 | ||
| Raven Industries, Inc. | Agriculture | ||||
| Goodwill [Line Items] | ||||
| Impairment losses on assets sold with a buy-back commitment | 123,000,000 | |||
| Bennamann | ||||
| Goodwill [Line Items] | ||||
| Impairment losses on assets sold with a buy-back commitment | $ 49,000,000 | |||
| Bennamann | Agriculture | ||||
| Goodwill [Line Items] | ||||
| Impairment losses on assets sold with a buy-back commitment | $ 49,000,000 | |||
Goodwill and Other Intangibles - Other Intangible Assets and Related Accumulated Amortization (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Schedule Of Indefinite And Finite Lived Intangible Assets [Line Items] | ||
| Other intangible assets subject to amortization, gross | $ 2,554 | $ 2,315 |
| Other intangible assets subject to amortization, accumulated amortization | 1,918 | 1,686 |
| Other intangible assets subject to amortization, net | 636 | 629 |
| Total other intangible assets, gross | 3,004 | 2,907 |
| Other intangible assets not subject to amortization | 1,918 | 1,686 |
| Total other intangible assets, net | $ 1,086 | 1,221 |
| Minimum | ||
| Schedule Of Indefinite And Finite Lived Intangible Assets [Line Items] | ||
| Other intangible assets subject to amortization, weighted average life | 5 years | |
| Maximum | ||
| Schedule Of Indefinite And Finite Lived Intangible Assets [Line Items] | ||
| Other intangible assets subject to amortization, weighted average life | 25 years | |
| In-process research and development | ||
| Schedule Of Indefinite And Finite Lived Intangible Assets [Line Items] | ||
| Total other intangible assets, gross | $ 31 | 198 |
| Total other intangible assets, net | 31 | 198 |
| Software in-progress | ||
| Schedule Of Indefinite And Finite Lived Intangible Assets [Line Items] | ||
| Total other intangible assets, gross | 147 | 121 |
| Total other intangible assets, net | 147 | 121 |
| Trademarks | ||
| Schedule Of Indefinite And Finite Lived Intangible Assets [Line Items] | ||
| Total other intangible assets, gross | 272 | 273 |
| Total other intangible assets, net | 272 | 273 |
| Dealer networks | ||
| Schedule Of Indefinite And Finite Lived Intangible Assets [Line Items] | ||
| Other intangible assets subject to amortization, gross | 217 | 218 |
| Other intangible assets subject to amortization, accumulated amortization | 204 | 203 |
| Other intangible assets subject to amortization, net | $ 13 | 15 |
| Dealer networks | Minimum | ||
| Schedule Of Indefinite And Finite Lived Intangible Assets [Line Items] | ||
| Other intangible assets subject to amortization, weighted average life | 20 years | |
| Dealer networks | Maximum | ||
| Schedule Of Indefinite And Finite Lived Intangible Assets [Line Items] | ||
| Other intangible assets subject to amortization, weighted average life | 25 years | |
| Patents, concessions, licenses and other | ||
| Schedule Of Indefinite And Finite Lived Intangible Assets [Line Items] | ||
| Other intangible assets subject to amortization, gross | $ 943 | 938 |
| Other intangible assets subject to amortization, accumulated amortization | 607 | 573 |
| Other intangible assets subject to amortization, net | $ 336 | 365 |
| Patents, concessions, licenses and other | Minimum | ||
| Schedule Of Indefinite And Finite Lived Intangible Assets [Line Items] | ||
| Other intangible assets subject to amortization, weighted average life | 5 years | |
| Patents, concessions, licenses and other | Maximum | ||
| Schedule Of Indefinite And Finite Lived Intangible Assets [Line Items] | ||
| Other intangible assets subject to amortization, weighted average life | 25 years | |
| Capitalized software | ||
| Schedule Of Indefinite And Finite Lived Intangible Assets [Line Items] | ||
| Other intangible assets subject to amortization, gross | $ 1,394 | 1,159 |
| Other intangible assets subject to amortization, accumulated amortization | 1,107 | 910 |
| Other intangible assets subject to amortization, net | $ 287 | $ 249 |
| Capitalized software | Minimum | ||
| Schedule Of Indefinite And Finite Lived Intangible Assets [Line Items] | ||
| Other intangible assets subject to amortization, weighted average life | 2 years | |
| Capitalized software | Maximum | ||
| Schedule Of Indefinite And Finite Lived Intangible Assets [Line Items] | ||
| Other intangible assets subject to amortization, weighted average life | 5 years |
Debt - Additional Information (Details) € in Millions, $ in Millions, $ in Millions |
1 Months Ended | 12 Months Ended | |||
|---|---|---|---|---|---|
|
Apr. 19, 2024
EUR (€)
|
Mar. 31, 2025 |
Dec. 31, 2025
USD ($)
|
Dec. 31, 2024
USD ($)
|
Dec. 31, 2025
CAD ($)
|
|
| Debt Instrument [Line Items] | |||||
| Weighted-average interest rate on consolidated debt | 5.50% | 5.70% | 5.50% | ||
| Other debt | $ 1,300.0 | $ 1,300.0 | |||
| ABS and factoring transactions | 13,100.0 | 13,900.0 | |||
| CNH Industrial Capital LLC | |||||
| Debt Instrument [Line Items] | |||||
| Commercial Paper | $ 0.0 | 100.0 | |||
| Ratio of net earnings available for fixed charges | 1.05 | ||||
| Ownership percentage | 51.00% | ||||
| Consolidated tangible net worth | $ 50.0 | ||||
| CNH Industrial Capital S.A. | |||||
| Debt Instrument [Line Items] | |||||
| Commercial Paper | 294.0 | 202.0 | |||
| Unsecured Credit Facilities | |||||
| Debt Instrument [Line Items] | |||||
| Credit facility | 6,500.0 | 5,500.0 | |||
| Unsecured Credit Facilities | Financial Services | |||||
| Debt Instrument [Line Items] | |||||
| Credit facility | 1,300.0 | 1,200.0 | |||
| Revolving Credit Facility | |||||
| Debt Instrument [Line Items] | |||||
| Revolving credit facility, amount | € | € 3,250 | ||||
| Revolving Credit Facility | 2024 Revolving Credit Facility | |||||
| Debt Instrument [Line Items] | |||||
| Revolving credit facility, amount | € | € 3,250 | ||||
| Credit facility, term | 5 years | ||||
| Revolving Credit Facility | New Credit Facility | |||||
| Debt Instrument [Line Items] | |||||
| Credit facility, term | 5 years | ||||
| Line of credit facility, maximum borrowing capacity | € | € 500 | ||||
| Revolving Credit Facility | 2025 Revolving Credit Facility | |||||
| Debt Instrument [Line Items] | |||||
| Credit facility, term | 1 year | ||||
| Extension option | 1 year | ||||
| Asset-Backed Facilities | |||||
| Debt Instrument [Line Items] | |||||
| Credit facility | 3,700.0 | 3,700.0 | |||
| Credit facility utilized amount | 3,500.0 | $ 3,100.0 | |||
| Secured Debt | Repurchase Agreement Financing | |||||
| Debt Instrument [Line Items] | |||||
| Revolving credit facility, amount | $ 328.7 | $ 450.0 | |||
| Repurchase receivables obligation term | 30 days | ||||
Debt - Summary of Issued Bond Outstanding (Details) € in Millions, R$ in Millions, $ in Millions, $ in Millions, $ in Millions |
Dec. 31, 2025
USD ($)
bonds
|
Dec. 31, 2025
EUR (€)
bonds
|
Dec. 31, 2025
AUD ($)
bonds
|
Dec. 31, 2025
CAD ($)
bonds
|
Dec. 31, 2025
BRL (R$)
bonds
|
Dec. 31, 2024
USD ($)
|
|---|---|---|---|---|---|---|
| Debt Instrument [Line Items] | ||||||
| Debt | $ 26,762 | $ 26,882 | ||||
| Industrial Activities | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | 4,385 | 4,499 | ||||
| Hedging effects, bond premium/discount, and unamortized issuance costs | (49) | |||||
| Industrial Activities | Total bonds | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | 3,917 | |||||
| Financial Services | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | 22,861 | $ 23,173 | ||||
| Hedging effects, bond premium/discount, and unamortized issuance costs | (8) | |||||
| Financial Services | Total bonds | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | 6,802 | |||||
| 1.750% Bonds Due March 2027 | Industrial Activities | CNH Industrial Finance Europe S.A. (formerly Fiat Industrial Finance Europe S.A.) | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 705 | € 600 | ||||
| Bonds, interest rate | 1.75% | 1.75% | 1.75% | 1.75% | 1.75% | |
| 3.875% Notes Due April 2028 | Industrial Activities | CNH Industrial Finance Europe S.A. (formerly Fiat Industrial Finance Europe S.A.) | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 58 | € 50 | ||||
| Bonds, interest rate | 3.875% | 3.875% | 3.875% | 3.875% | 3.875% | |
| 1.625% Bonds Due July 2029 | Industrial Activities | CNH Industrial Finance Europe S.A. (formerly Fiat Industrial Finance Europe S.A.) | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 588 | € 500 | ||||
| Bonds, interest rate | 1.625% | 1.625% | 1.625% | 1.625% | 1.625% | |
| 2.200% Bonds Due July 2039 | Industrial Activities | CNH Industrial Finance Europe S.A. (formerly Fiat Industrial Finance Europe S.A.) | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 58 | € 50 | ||||
| Bonds, interest rate | 2.20% | 2.20% | 2.20% | 2.20% | 2.20% | |
| 3.75% Notes Due June 2031 | Industrial Activities | C H N Industrial N V | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 881 | € 750 | ||||
| Bonds, interest rate | 3.75% | 3.75% | 3.75% | 3.75% | 3.75% | |
| 3.625% Notes Due January 2033 | Industrial Activities | C H N Industrial N V | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 588 | € 500 | ||||
| Bonds, interest rate | 3.625% | 3.625% | 3.625% | 3.625% | 3.625% | |
| 3.875% Notes Due September 2035 | Industrial Activities | C H N Industrial N V | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 588 | € 500 | ||||
| Bonds, interest rate | 3.875% | 3.875% | 3.875% | 3.875% | 3.875% | |
| 3.850% Notes Due November 2027 | Industrial Activities | C H N Industrial N V | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 500 | |||||
| Bonds, interest rate | 3.85% | 3.85% | 3.85% | 3.85% | 3.85% | |
| 1.875% Notes Due January 2026 | Financial Services | CNH Industrial Capital LLC | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 500 | |||||
| Bonds, interest rate | 1.875% | 1.875% | 1.875% | 1.875% | 1.875% | |
| 1.450% Notes Due July 2026 | Financial Services | CNH Industrial Capital LLC | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 600 | |||||
| Bonds, interest rate | 1.45% | 1.45% | 1.45% | 1.45% | 1.45% | |
| 4.500% Notes Due October 2027 | Financial Services | CNH Industrial Capital LLC | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 500 | |||||
| Bonds, interest rate | 4.50% | 4.50% | 4.50% | 4.50% | 4.50% | |
| 4.750% Notes Due March 2028 | Financial Services | CNH Industrial Capital LLC | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 500 | |||||
| Bonds, interest rate | 4.75% | 4.75% | 4.75% | 4.75% | 4.75% | |
| 4.550% Notes Due April 2028 | Financial Services | CNH Industrial Capital LLC | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 600 | |||||
| Bonds, interest rate | 4.55% | 4.55% | 4.55% | 4.55% | 4.55% | |
| 5.500% Notes Due January 2029 | Financial Services | CNH Industrial Capital LLC | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 500 | |||||
| Bonds, interest rate | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | |
| 5.100% Notes Due April 2029 | Financial Services | CNH Industrial Capital LLC | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 600 | |||||
| Bonds, interest rate | 5.10% | 5.10% | 5.10% | 5.10% | 5.10% | |
| 4.500% Notes Due October 2030 | Financial Services | CNH Industrial Capital LLC | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 500 | |||||
| Bonds, interest rate | 4.50% | 4.50% | 4.50% | 4.50% | 4.50% | |
| Four Notes Due 2026/2028 | Financial Services | CNH Industrial Capital Australia Pty. Limited | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 518 | $ 775 | ||||
| Number of bonds | bonds | 4 | 4 | 4 | 4 | 4 | |
| 4.700% Notes Due 2026 | Financial Services | CNH Industrial Capital Australia Pty. Limited | ||||||
| Debt Instrument [Line Items] | ||||||
| Bonds, interest rate | 4.70% | 4.70% | 4.70% | 4.70% | 4.70% | |
| 5.800% Notes Due 2027 | Financial Services | CNH Industrial Capital Australia Pty. Limited | ||||||
| Debt Instrument [Line Items] | ||||||
| Bonds, interest rate | 5.80% | 5.80% | 5.80% | 5.80% | 5.80% | |
| 5.500% Notes Due August 2026 | Financial Services | CNH Industrial Capital Canada Ltd. | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 292 | $ 400 | ||||
| Bonds, interest rate | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | |
| 4.800% Notes Due March 2027 | Financial Services | CNH Industrial Capital Canada Ltd. | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 292 | $ 400 | ||||
| Bonds, interest rate | 4.80% | 4.80% | 4.80% | 4.80% | 4.80% | |
| 4.000% Notes Due April 2028 | Financial Services | CNH Industrial Capital Canada Ltd. | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 219 | $ 300 | ||||
| Bonds, interest rate | 4.00% | 4.00% | 4.00% | 4.00% | 4.00% | |
| 3.750% Notes Due June 2029 | Financial Services | CNH Industrial Capital Canada Ltd. | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 366 | $ 500 | ||||
| Bonds, interest rate | 3.75% | 3.75% | 3.75% | 3.75% | 3.75% | |
| Five Notes Due 2026/2028 | Financial Services | CNH Industrial Capital Argentina S.A. | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 160 | |||||
| Number of bonds | bonds | 5 | 5 | 5 | 5 | 5 | |
| 6.000% Notes Due 2026 | Financial Services | CNH Industrial Capital Argentina S.A. | ||||||
| Debt Instrument [Line Items] | ||||||
| Bonds, interest rate | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | |
| 8.250% Notes Due 2028 | Financial Services | CNH Industrial Capital Argentina S.A. | ||||||
| Debt Instrument [Line Items] | ||||||
| Bonds, interest rate | 8.25% | 8.25% | 8.25% | 8.25% | 8.25% | |
| Twenty Two Notes Due 2026/2032 | Financial Services | Banco CNH Industrial Capital S.A. | ||||||
| Debt Instrument [Line Items] | ||||||
| Debt | $ 663 | R$ 3,650 | ||||
| Number of bonds | bonds | 22 | 22 | 22 | 22 | 22 | |
| 12.140% Notes Due2026 | Financial Services | Banco CNH Industrial Capital S.A. | ||||||
| Debt Instrument [Line Items] | ||||||
| Bonds, interest rate | 12.14% | 12.14% | 12.14% | 12.14% | 12.14% | |
| 18.630% Notes Due2032 | Financial Services | Banco CNH Industrial Capital S.A. | ||||||
| Debt Instrument [Line Items] | ||||||
| Bonds, interest rate | 18.63% | 18.63% | 18.63% | 18.63% | 18.63% |
Debt - Summary of Total Debt (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Debt Instrument [Line Items] | ||
| Total Debt | $ 26,762 | $ 26,882 |
| Financial payables to Iveco Group N.V. | 91 | 62 |
| Total Debt (including Financial payables to Iveco Group N.V.) | 26,853 | 26,944 |
| Total bonds | ||
| Debt Instrument [Line Items] | ||
| Total Debt | 10,719 | 9,796 |
| Asset-backed debt | ||
| Debt Instrument [Line Items] | ||
| Total Debt | 11,294 | 11,965 |
| Other debt | ||
| Debt Instrument [Line Items] | ||
| Total Debt | 4,749 | 5,121 |
| Intersegment debt | ||
| Debt Instrument [Line Items] | ||
| Total Debt | 0 | 0 |
| Industrial Activities | ||
| Debt Instrument [Line Items] | ||
| Total Debt | 4,385 | 4,499 |
| Financial payables to Iveco Group N.V. | 3 | 4 |
| Total Debt (including Financial payables to Iveco Group N.V.) | 4,388 | 4,503 |
| Industrial Activities | Total bonds | ||
| Debt Instrument [Line Items] | ||
| Total Debt | 3,917 | 3,774 |
| Industrial Activities | Asset-backed debt | ||
| Debt Instrument [Line Items] | ||
| Total Debt | 0 | 0 |
| Industrial Activities | Other debt | ||
| Debt Instrument [Line Items] | ||
| Total Debt | 187 | 269 |
| Industrial Activities | Intersegment debt | ||
| Debt Instrument [Line Items] | ||
| Total Debt | 281 | 456 |
| Financial Services | ||
| Debt Instrument [Line Items] | ||
| Total Debt | 22,861 | 23,173 |
| Financial payables to Iveco Group N.V. | 88 | 58 |
| Total Debt (including Financial payables to Iveco Group N.V.) | 22,949 | 23,231 |
| Financial Services | Total bonds | ||
| Debt Instrument [Line Items] | ||
| Total Debt | 6,802 | 6,022 |
| Financial Services | Asset-backed debt | ||
| Debt Instrument [Line Items] | ||
| Total Debt | 11,294 | 11,965 |
| Financial Services | Other debt | ||
| Debt Instrument [Line Items] | ||
| Total Debt | 4,562 | 4,852 |
| Financial Services | Intersegment debt | ||
| Debt Instrument [Line Items] | ||
| Total Debt | $ 203 | $ 334 |
Debt - Minimum Annual Repayments of Debt (Details) - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Debt Instrument [Line Items] | ||
| Financial payables to Iveco Group N.V. | $ 91 | $ 62 |
| Intersegment debt | 26,762 | 26,882 |
| Costs and premium discounts related to issuances | (73) | |
| Total Debt (including Financial payables to Iveco Group N.V.) | 26,853 | 26,944 |
| Operating Segments | ||
| Debt Instrument [Line Items] | ||
| 2026 | 10,092 | |
| 2027 | 5,374 | |
| 2028 | 3,804 | |
| 2029 | 3,440 | |
| 2030 | 1,275 | |
| 2031 | 2,850 | |
| Financial payables to Iveco Group N.V. | 91 | |
| Intersegment Eliminations | ||
| Debt Instrument [Line Items] | ||
| Intersegment debt | 0 | |
| Industrial Activities | ||
| Debt Instrument [Line Items] | ||
| Financial payables to Iveco Group N.V. | 3 | 4 |
| Intersegment debt | 4,385 | 4,499 |
| Costs and premium discounts related to issuances | (38) | |
| Total Debt (including Financial payables to Iveco Group N.V.) | 4,388 | 4,503 |
| Industrial Activities | Operating Segments | ||
| Debt Instrument [Line Items] | ||
| 2026 | 7 | |
| 2027 | 1,368 | |
| 2028 | 59 | |
| 2029 | 588 | |
| 2030 | 1 | |
| 2031 | 2,119 | |
| Financial payables to Iveco Group N.V. | 3 | |
| Industrial Activities | Intersegment Eliminations | ||
| Debt Instrument [Line Items] | ||
| Intersegment debt | 281 | |
| Financial Services | ||
| Debt Instrument [Line Items] | ||
| Financial payables to Iveco Group N.V. | 88 | 58 |
| Intersegment debt | 22,861 | 23,173 |
| Costs and premium discounts related to issuances | (35) | |
| Total Debt (including Financial payables to Iveco Group N.V.) | 22,949 | $ 23,231 |
| Financial Services | Operating Segments | ||
| Debt Instrument [Line Items] | ||
| 2026 | 10,085 | |
| 2027 | 4,006 | |
| 2028 | 3,745 | |
| 2029 | 2,852 | |
| 2030 | 1,274 | |
| 2031 | 731 | |
| Financial payables to Iveco Group N.V. | 88 | |
| Financial Services | Intersegment Eliminations | ||
| Debt Instrument [Line Items] | ||
| Intersegment debt | $ 203 |
Supplier Finance Programs (Details) - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Supplier Finance Program, Obligation [Roll Forward] | ||
| Supplier finance program, obligation, beginning balance | $ 79 | $ 148 |
| Supplier Finance Program, Obligation, Statement of Financial Position [Extensible Enumeration] | Trade payables | Trade payables |
| Invoices confirmed during the year | $ 1,093 | $ 1,459 |
| Confirmed invoices paid during the year | (1,086) | (1,501) |
| Currency translation adjustment and other | 9 | (27) |
| Supplier finance program, obligation, ending balance | $ 95 | $ 79 |
| Supplier Finance Program, Obligation, Statement of Financial Position [Extensible Enumeration] | Trade payables | Trade payables |
Income Taxes - Additional Information (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Income Tax Disclosure [Line Items] | |||
| Income tax expense | $ 184 | $ 336 | $ 594 |
| U.K. Federal Statutory Tax Rate | 25.00% | ||
| Hyper-inflationary tax impacts | (64) | 27 | |
| Undistributed earnings in subsidiaries | $ 1,000 | ||
| Deferred tax liability on total undistributed earnings | 147 | ||
| Deferred taxes | 9 | ||
| Deferred tax assets, valuation allowances | 209 | 183 | |
| Gross tax loss carry forwards with indefinite lives | 890 | ||
| Tax credit carry forwards, subject to expiration | 44 | ||
| Unrecognized tax benefits | 271 | 268 | 234 |
| Unrecognized tax benefits, that would affect effective tax rate, if recognized | 332 | ||
| Income tax related interest and penalties recognized expense | 12 | 22 | 7 |
| Income tax related interest and penalties accrued | 61 | $ 47 | $ 25 |
| 2026 | |||
| Income Tax Disclosure [Line Items] | |||
| Gross tax loss carry forwards, subject to expiration | 4 | ||
| Tax credit carry forwards, subject to expiration | 3 | ||
| 2027 | |||
| Income Tax Disclosure [Line Items] | |||
| Gross tax loss carry forwards, subject to expiration | 4 | ||
| Tax credit carry forwards, subject to expiration | 2 | ||
| 2028 | |||
| Income Tax Disclosure [Line Items] | |||
| Gross tax loss carry forwards, subject to expiration | 2 | ||
| Tax credit carry forwards, subject to expiration | 5 | ||
| 2029 | |||
| Income Tax Disclosure [Line Items] | |||
| Gross tax loss carry forwards, subject to expiration | 22 | ||
| Tax credit carry forwards, subject to expiration | 4 | ||
| 2029 and beyond | |||
| Income Tax Disclosure [Line Items] | |||
| Gross tax loss carry forwards, subject to expiration | 190 | ||
| Tax credit carry forwards, subject to expiration | 30 | ||
| Subsidiaries Outside U.K. | |||
| Income Tax Disclosure [Line Items] | |||
| Undistributed earnings in subsidiaries | 14,000 | ||
| Undistributed earnings of foreign subsidiaries tax costs distribution | $ 1,000 | ||
| U.K. | |||
| Income Tax Disclosure [Line Items] | |||
| U.K. Federal Statutory Tax Rate | 25.00% | 25.00% | 23.50% |
| China | |||
| Income Tax Disclosure [Line Items] | |||
| Hyper-inflationary tax impacts | $ 29 | ||
| Argentina | |||
| Income Tax Disclosure [Line Items] | |||
| Hyper-inflationary tax impacts | $ 15 | $ 35 | |
Income Taxes - Sources of Income (Loss) Before Taxes and Equity in Income (Loss) of Unconsolidated Subsidiaries and Affiliates (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Income Tax Disclosure [Abstract] | |||
| Parent country source | $ (386) | $ (36) | $ (48) |
| Foreign sources | 1,006 | 1,493 | 2,751 |
| Consolidated income before income taxes | $ 620 | $ 1,457 | $ 2,703 |
Income Taxes - Provision for Income Taxes (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Current | |||
| Parent country source | $ 13 | $ 29 | $ 18 |
| Foreign sources | 367 | 413 | 1,100 |
| Total current income taxes | 380 | 442 | 1,118 |
| Deferred | |||
| Parent country source | (35) | (43) | (107) |
| Foreign sources | (161) | (63) | (417) |
| Total deferred income taxes | (196) | (106) | (524) |
| Total income tax provision | $ 184 | $ 336 | $ 594 |
Income Taxes - Reconciliation of the U.K. Federal Statutory Income Tax Rate (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Effective Income Tax Rate Reconciliation [Line Items] | |||
| Consolidated income taxes | $ 620 | $ 1,457 | $ 2,703 |
| Amount | |||
| U.K. Federal Statutory Tax Rate | 155 | 364 | 635 |
| Hyper-inflationary tax impacts | (64) | 27 | |
| Income tax differential | 37 | 73 | |
| Tax credits and incentives | (88) | (136) | |
| Valuation Allowance | 8 | (7) | (117) |
| Other Adjustments | 2 | ||
| Changes in Unrecognized Tax Benefits | 11 | 69 | 66 |
| Withholding taxes | 26 | 28 | |
| Other | (1) | 18 | |
| Total income tax provision | $ 184 | 336 | $ 594 |
| Percent | |||
| U.K. Federal Statutory Tax Rate | 25.00% | ||
| Valuation Allowance | 1.30% | ||
| Other Adjustments | 0.30% | ||
| Changes in Unrecognized Tax Benefits | 1.80% | ||
| Total | 29.70% | ||
| Argentina | |||
| Amount | |||
| Hyper-inflationary tax impacts | $ 15 | $ 35 | |
| Statutory tax rate difference | 10 | ||
| Other Adjustments | (2) | ||
| Valuation Allowance | $ (13) | ||
| Percent | |||
| Hyper-inflationary tax impacts | 2.40% | ||
| Statutory tax rate difference | 1.60% | ||
| Other Adjustments | (0.30%) | ||
| Valuation Allowance | (2.10%) | ||
| Brazil | |||
| Amount | |||
| Other Adjustments | $ 1 | ||
| NID | $ (11) | ||
| Percent | |||
| Other Adjustments | 0.20% | ||
| NID | (1.80%) | ||
| Italy | |||
| Amount | |||
| Income tax differential | $ 11 | ||
| Percent | |||
| Income tax differential | 1.80% | ||
| U.S. | |||
| Amount | |||
| Other Adjustments | $ (11) | ||
| Tax credits and incentives | (20) | ||
| Functional Currency | $ (42) | ||
| Percent | |||
| Other Adjustments | (1.80%) | ||
| Tax incentives | (3.20%) | ||
| Functional Currency | (6.80%) | ||
| All other foreign | |||
| Amount | |||
| Income tax differential | $ 14 | ||
| Percent | |||
| Income tax differential | 2.30% | ||
| U.K. | |||
| Amount | |||
| Other Adjustments | $ (9) | ||
| NID | 11 | ||
| Other | 4 | ||
| Functional Currency | $ 50 | ||
| Percent | |||
| U.K. Federal Statutory Tax Rate | 25.00% | 25.00% | 23.50% |
| Other Adjustments | (1.50%) | ||
| NID | 1.80% | ||
| Other | 0.60% | ||
| Functional Currency | 8.10% | ||
Income Taxes - Components of Net Deferred Tax Assets (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Deferred tax assets: | ||
| Warranty and campaigns | $ 88 | $ 99 |
| Allowance for credit losses | 208 | 158 |
| Marketing and sales incentive programs | 465 | 504 |
| Other risk and future charges reserve | 48 | 46 |
| Pension, postretirement and postemployment benefits | 86 | 82 |
| Leasing liabilities | 67 | 68 |
| Research and development costs | 334 | 293 |
| Other reserves | 258 | 200 |
| Tax credits and loss carry forwards | 319 | 293 |
| Other | 2 | 0 |
| Less: Valuation allowances | (209) | (183) |
| Total deferred tax assets | 1,666 | 1,560 |
| Deferred tax liabilities: | ||
| Property, plant and equipment | 278 | 365 |
| Intangibles | 144 | 183 |
| Inventories | 54 | 33 |
| Other | 0 | 80 |
| Total deferred tax liabilities | 476 | 661 |
| Net deferred tax assets | $ 1,190 | $ 899 |
Income Taxes - Net Deferred Tax Assets Reflected in Consolidated Balance Sheets (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Income Tax Disclosure [Abstract] | ||
| Deferred tax assets | $ 1,207 | $ 927 |
| Deferred tax liabilities | (17) | (28) |
| Net deferred tax assets | $ 1,190 | $ 899 |
Income Taxes - Schedule of Income Taxes Paid, Net of Refunds (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Income Tax Paid, by Individual Jurisdiction [Line Items] | |||
| United Kingdom | $ 0 | $ (5) | $ 4 |
| Total | 227 | 769 | 802 |
| Austria | |||
| Income Tax Paid, by Individual Jurisdiction [Line Items] | |||
| Foreign: | (12) | 52 | 36 |
| Brazil | |||
| Income Tax Paid, by Individual Jurisdiction [Line Items] | |||
| Foreign: | 55 | 109 | 203 |
| Canada | |||
| Income Tax Paid, by Individual Jurisdiction [Line Items] | |||
| Foreign: | 37 | 52 | 90 |
| India | |||
| Income Tax Paid, by Individual Jurisdiction [Line Items] | |||
| Foreign: | 28 | 30 | 28 |
| Italy | |||
| Income Tax Paid, by Individual Jurisdiction [Line Items] | |||
| Foreign: | 3 | 28 | 43 |
| U.S. | |||
| Income Tax Paid, by Individual Jurisdiction [Line Items] | |||
| Foreign: | 67 | 375 | 266 |
| All other foreign | |||
| Income Tax Paid, by Individual Jurisdiction [Line Items] | |||
| Foreign: | $ 49 | $ 128 | $ 132 |
Income Taxes - Reconciliation of Gross Amounts of Tax Contingencies (Details) - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Unrecognized Tax Benefits [Roll Forward] | ||
| Balance at beginning of year | $ 268 | $ 234 |
| Additions based on tax positions related to the current year | 22 | 36 |
| Additions for tax positions of prior years | 9 | 16 |
| Reductions for tax positions of prior years | (1) | (6) |
| Reductions for tax positions as a result of lapse of statute | (24) | (12) |
| Settlements | (3) | 0 |
| Balance at end of year | $ 271 | $ 268 |
Employee Benefit Plans and Postretirement Benefits - Additional Information (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Defined Benefit Plan Disclosure [Line Items] | |||
| Expense on defined contribution plan | $ 133 | $ 138 | $ 145 |
| Pension | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Total accumulated benefit obligation | 1,197 | $ 1,152 | |
| Employer contributions | 45 | ||
| Healthcare | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Employer contributions | 15 | ||
| Other | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Employer contributions | $ 7 | ||
Employee Benefit Plans and Postretirement Benefits - Defined Benefit Pension, Healthcare and Other Plans (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Change in the fair value of plan assets: | |||
| Beginning plan assets | $ 1,077 | ||
| Ending plan assets | 1,141 | $ 1,077 | |
| Pension | |||
| Change in benefit obligations: | |||
| Beginning benefit obligation | 1,169 | 1,274 | |
| Service cost | 8 | 10 | $ 9 |
| Interest cost | 54 | 52 | 54 |
| Plan participants' contributions | 0 | 1 | |
| Actuarial loss (gain) | (16) | (95) | |
| Gross benefits paid | (90) | (85) | |
| Plan amendments | 0 | 16 | |
| Currency translation adjustments and other | 87 | (4) | |
| Ending benefit obligation | 1,212 | 1,169 | 1,274 |
| Change in the fair value of plan assets: | |||
| Beginning plan assets | 1,018 | 1,049 | |
| Actual return on plan assets | 50 | 8 | |
| Employer contributions | 31 | 32 | |
| Plan participants' contributions | 1 | 1 | |
| Gross benefits paid | (78) | (74) | |
| Currency translation adjustments and other | 71 | 2 | |
| Ending plan assets | 1,093 | 1,018 | 1,049 |
| Funded status | (119) | (151) | |
| Healthcare | |||
| Change in benefit obligations: | |||
| Beginning benefit obligation | 186 | 179 | |
| Service cost | 2 | 2 | 3 |
| Interest cost | 9 | 8 | 9 |
| Plan participants' contributions | 2 | 3 | |
| Actuarial loss (gain) | (7) | 8 | |
| Gross benefits paid | (21) | (21) | |
| Plan amendments | 3 | 1 | |
| Currency translation adjustments and other | 1 | 6 | |
| Ending benefit obligation | 175 | 186 | 179 |
| Change in the fair value of plan assets: | |||
| Beginning plan assets | 60 | 58 | |
| Actual return on plan assets | 5 | 4 | |
| Employer contributions | 0 | 0 | |
| Plan participants' contributions | 0 | 0 | |
| Gross benefits paid | (2) | (2) | |
| Currency translation adjustments and other | (15) | 0 | |
| Ending plan assets | 48 | 60 | 58 |
| Funded status | (127) | (126) | |
| Other | |||
| Change in benefit obligations: | |||
| Beginning benefit obligation | 81 | 100 | |
| Service cost | 4 | 5 | 5 |
| Interest cost | 3 | 3 | 4 |
| Plan participants' contributions | 0 | 0 | |
| Actuarial loss (gain) | (4) | (7) | |
| Gross benefits paid | (7) | (13) | |
| Plan amendments | (6) | (2) | |
| Currency translation adjustments and other | 10 | (5) | |
| Ending benefit obligation | 81 | 81 | 100 |
| Change in the fair value of plan assets: | |||
| Beginning plan assets | 0 | 0 | |
| Actual return on plan assets | 0 | 0 | |
| Employer contributions | 0 | 0 | |
| Plan participants' contributions | 0 | 0 | |
| Gross benefits paid | 0 | 0 | |
| Currency translation adjustments and other | 0 | 0 | |
| Ending plan assets | 0 | 0 | $ 0 |
| Funded status | $ (81) | $ (81) | |
Employee Benefit Plans and Postretirement Benefits - Defined Benefit Pension Plans by Geographical Area (Details) - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Change in the fair value of plan assets: | ||
| Beginning plan assets | $ 1,077 | |
| Ending plan assets | 1,141 | $ 1,077 |
| U.S. | ||
| Change in benefit obligations: | ||
| Beginning benefit obligation | 141 | 139 |
| Service cost | 1 | 1 |
| Interest cost | 7 | 7 |
| Plan participants' contributions | 0 | 0 |
| Actuarial loss (gain) | 5 | 0 |
| Gross benefits paid | (6) | (6) |
| Plan amendments | 0 | 0 |
| Currency translation adjustments and other | 0 | 0 |
| Ending benefit obligation | 148 | 141 |
| Change in the fair value of plan assets: | ||
| Beginning plan assets | 162 | 161 |
| Actual return on plan assets | 6 | 6 |
| Employer contributions | 0 | 0 |
| Plan participants' contributions | 0 | 0 |
| Gross benefits paid | (6) | (5) |
| Currency translation adjustments and other | 0 | 0 |
| Ending plan assets | 162 | 162 |
| Funded status: | 14 | 21 |
| U.K. | ||
| Change in benefit obligations: | ||
| Beginning benefit obligation | 756 | 825 |
| Service cost | 0 | 0 |
| Interest cost | 39 | 36 |
| Plan participants' contributions | 0 | 0 |
| Actuarial loss (gain) | (9) | (87) |
| Gross benefits paid | (58) | (51) |
| Plan amendments | 0 | 16 |
| Currency translation adjustments and other | 55 | 17 |
| Ending benefit obligation | 783 | 756 |
| Change in the fair value of plan assets: | ||
| Beginning plan assets | 683 | 707 |
| Actual return on plan assets | 34 | (13) |
| Employer contributions | 25 | 25 |
| Plan participants' contributions | 0 | 0 |
| Gross benefits paid | (58) | (52) |
| Currency translation adjustments and other | 52 | 16 |
| Ending plan assets | 736 | 683 |
| Funded status: | (47) | (73) |
| Germany | ||
| Change in benefit obligations: | ||
| Beginning benefit obligation | 98 | 117 |
| Service cost | 0 | 0 |
| Interest cost | 3 | 3 |
| Plan participants' contributions | 0 | 0 |
| Actuarial loss (gain) | (4) | (5) |
| Gross benefits paid | (11) | (11) |
| Plan amendments | 0 | 0 |
| Currency translation adjustments and other | 12 | (6) |
| Ending benefit obligation | 98 | 98 |
| Change in the fair value of plan assets: | ||
| Beginning plan assets | 4 | 4 |
| Actual return on plan assets | 0 | 0 |
| Employer contributions | 0 | 0 |
| Plan participants' contributions | 0 | 0 |
| Gross benefits paid | 0 | 0 |
| Currency translation adjustments and other | 0 | 0 |
| Ending plan assets | 4 | 4 |
| Funded status: | (94) | (94) |
| Others Countries | ||
| Change in benefit obligations: | ||
| Beginning benefit obligation | 174 | 193 |
| Service cost | 7 | 9 |
| Interest cost | 5 | 6 |
| Plan participants' contributions | 0 | 1 |
| Actuarial loss (gain) | (8) | (3) |
| Gross benefits paid | (15) | (17) |
| Plan amendments | 0 | 0 |
| Currency translation adjustments and other | 20 | (15) |
| Ending benefit obligation | 183 | 174 |
| Change in the fair value of plan assets: | ||
| Beginning plan assets | 169 | 177 |
| Actual return on plan assets | 10 | 14 |
| Employer contributions | 6 | 7 |
| Plan participants' contributions | 1 | 1 |
| Gross benefits paid | (14) | (17) |
| Currency translation adjustments and other | 19 | (13) |
| Ending plan assets | 191 | 169 |
| Funded status: | $ 8 | $ (5) |
Employee Benefit Plans and Postretirement Benefits - Net Amounts Recognized in Consolidated Balance Sheets (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Defined Benefit Plan Disclosure [Line Items] | ||
| Pension, postretirement and other postemployment benefits | $ (366) | $ (392) |
| Pension | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Other assets | 39 | 34 |
| Pension, postretirement and other postemployment benefits | (158) | (185) |
| Net liability recognized at end of year | (119) | (151) |
| Healthcare | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Other assets | 0 | 0 |
| Pension, postretirement and other postemployment benefits | (127) | (126) |
| Net liability recognized at end of year | (127) | (126) |
| Other | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Other assets | 0 | 0 |
| Pension, postretirement and other postemployment benefits | (81) | (81) |
| Net liability recognized at end of year | $ (81) | $ (81) |
Employee Benefit Plans and Postretirement Benefits - Pre-tax Amounts Recognized in Accumulated Other Comprehensive Income (Loss) (Details) $ in Millions |
Dec. 31, 2025
USD ($)
|
|---|---|
| Pension | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Unrecognized actuarial losses (gains) | $ 313 |
| Unrecognized prior service credit | 18 |
| Accumulated other comprehensive (income) loss | 331 |
| Healthcare | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Unrecognized actuarial losses (gains) | 3 |
| Unrecognized prior service credit | 1 |
| Accumulated other comprehensive (income) loss | 4 |
| Other | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Unrecognized actuarial losses (gains) | (20) |
| Unrecognized prior service credit | 0 |
| Accumulated other comprehensive (income) loss | $ (20) |
Employee Benefit Plans and Postretirement Benefits - Accumulated Benefit Obligations in Excess of Plan Assets (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Retirement Benefits [Abstract] | ||
| Accumulated benefit obligation | $ 640 | $ 904 |
| Fair value of plan assets | $ 485 | $ 724 |
Employee Benefit Plans and Postretirement Benefits - Projected Benefit Obligations in Excess of Plan Assets (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair value of plan assets | $ 485 | $ 724 |
| Pension | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Projected benefit obligation | 645 | 908 |
| Fair value of plan assets | 485 | 724 |
| Healthcare | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Projected benefit obligation | 175 | 187 |
| Fair value of plan assets | 48 | 60 |
| Other | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Projected benefit obligation | 81 | 81 |
| Fair value of plan assets | $ 0 | $ 0 |
Employee Benefit Plans and Postretirement Benefits - Net Periodic Benefit Cost (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Pension | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Service cost | $ 8 | $ 10 | $ 9 |
| Interest cost | 54 | 52 | 54 |
| Expected return on assets | (49) | (54) | (45) |
| Amortization of: | |||
| Prior service cost (credit) | 1 | 0 | 0 |
| Actuarial loss (gain) | 20 | 22 | 18 |
| Settlement loss and other | 0 | 0 | 2 |
| Net periodic benefit cost (income) | 34 | 30 | 38 |
| Healthcare | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Service cost | 2 | 2 | 3 |
| Interest cost | 9 | 8 | 9 |
| Expected return on assets | (3) | (3) | (4) |
| Amortization of: | |||
| Prior service cost (credit) | (20) | (24) | (36) |
| Actuarial loss (gain) | 1 | 0 | 0 |
| Settlement loss and other | 0 | 7 | 0 |
| Net periodic benefit cost (income) | (11) | (10) | (28) |
| Other | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Service cost | 4 | 5 | 5 |
| Interest cost | 3 | 3 | 4 |
| Expected return on assets | 0 | 0 | 0 |
| Amortization of: | |||
| Prior service cost (credit) | (8) | 0 | 0 |
| Actuarial loss (gain) | (1) | (3) | 2 |
| Settlement loss and other | (6) | 1 | (1) |
| Net periodic benefit cost (income) | $ (8) | $ 6 | $ 10 |
Employee Benefit Plans and Postretirement Benefits - Net Periodic Benefit Cost Recognized in Net Income and Other Changes in Plan Assets and Benefit Obligations (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Pension | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Net periodic benefit cost (income) | $ 34 | $ 30 | $ 38 |
| Benefit adjustments included in other comprehensive (income) loss: | |||
| Net actuarial loss (gain) | (16) | ||
| Amortization of actuarial (loss) gain | (20) | ||
| Amortization of prior service (cost) credit | (1) | ||
| Curtailment of prior service credit | 0 | ||
| Currency translation adjustments and other | 22 | ||
| Total recognized in other comprehensive (income) loss | (15) | ||
| Total recognized in comprehensive (income) loss | 19 | ||
| Healthcare | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Net periodic benefit cost (income) | (11) | (10) | (28) |
| Benefit adjustments included in other comprehensive (income) loss: | |||
| Net actuarial loss (gain) | (6) | ||
| Amortization of actuarial (loss) gain | (1) | ||
| Amortization of prior service (cost) credit | 20 | ||
| Curtailment of prior service credit | 0 | ||
| Currency translation adjustments and other | (1) | ||
| Total recognized in other comprehensive (income) loss | 12 | ||
| Total recognized in comprehensive (income) loss | 1 | ||
| Other | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Net periodic benefit cost (income) | (8) | $ 6 | $ 10 |
| Benefit adjustments included in other comprehensive (income) loss: | |||
| Net actuarial loss (gain) | (10) | ||
| Amortization of actuarial (loss) gain | 1 | ||
| Amortization of prior service (cost) credit | 8 | ||
| Curtailment of prior service credit | 6 | ||
| Currency translation adjustments and other | (2) | ||
| Total recognized in other comprehensive (income) loss | 3 | ||
| Total recognized in comprehensive (income) loss | $ (5) | ||
Employee Benefit Plans and Postretirement Benefits - Assumptions Utilized in Determining the Funded Status and Net Periodic Cost of Defined Benefit Pension Plans and Other Postretirement Benefit Plans (Details) |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Pension plans | |||
| Weighted-average rate assumptions used to determine funded status | |||
| Discount rate | 4.93% | 4.89% | 4.22% |
| Rate of compensation increase | 2.80% | 2.80% | 2.91% |
| Weighted-average rate assumptions used to determine expense | |||
| Discount rates—service cost | 2.77% | 2.80% | 3.51% |
| Discount rates—interest cost | 4.66% | 4.22% | 4.65% |
| Rate of compensation increase | 2.80% | 2.91% | 3.03% |
| Long-term rates of return on plan assets | 4.78% | 5.22% | 4.54% |
| Healthcare plans | |||
| Weighted-average rate assumptions used to determine funded status | |||
| Discount rate | 4.96% | 5.36% | 4.97% |
| Rate of compensation increase | 4.00% | 4.00% | |
| Initial healthcare cost trend rate | 5.46% | 5.35% | 4.70% |
| Weighted-average, ultimate healthcare cost trend rate | 4.03% | 4.08% | 3.74% |
| Weighted-average rate assumptions used to determine expense | |||
| Discount rates—service cost | 5.59% | 5.11% | 5.37% |
| Discount rates—interest cost | 5.07% | 4.91% | 5.17% |
| Rate of compensation increase | 4.00% | 4.00% | 4.00% |
| Long-term rates of return on plan assets | 5.25% | 6.25% | 5.75% |
| Initial healthcare cost trend rate | 5.35% | 4.70% | 5.12% |
| Weighted-average, ultimate healthcare cost trend rate | 4.08% | 3.74% | 4.00% |
| Other | |||
| Weighted-average rate assumptions used to determine funded status | |||
| Discount rate | 3.80% | 3.67% | 3.50% |
| Rate of compensation increase | 2.71% | 3.00% | 2.94% |
| Weighted-average rate assumptions used to determine expense | |||
| Discount rates—service cost | 3.87% | 3.73% | 4.32% |
| Discount rates—interest cost | 3.61% | 3.51% | 4.08% |
| Rate of compensation increase | 3.00% | 2.94% | 3.19% |
Employee Benefit Plans and Postretirement Benefits - Weighted Average Target Asset Allocation For All Plans (Details) |
Dec. 31, 2025 |
|---|---|
| Equity securities | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Asset allocation for all plans in asset categories | 9.00% |
| Debt securities | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Asset allocation for all plans in asset categories | 68.00% |
| Cash/Other | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Asset allocation for all plans in asset categories | 23.00% |
Employee Benefit Plans and Postretirement Benefits - Summary of Fair Value of Plan Assets by Asset Category and Level Within Fair Value Hierarchy (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|---|---|---|---|
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | $ 1,141 | $ 1,077 | |
| Total of Level 1, Level 2 and Level 3 Assets | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 1,095 | 1,028 | |
| Total of Level 1, Level 2 and Level 3 Assets | Total Fixed income securities | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 67 | 66 | |
| Total of Level 1, Level 2 and Level 3 Assets | U.S. government bonds | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 18 | 18 | |
| Total of Level 1, Level 2 and Level 3 Assets | U.S. corporate bonds | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 9 | 8 | |
| Total of Level 1, Level 2 and Level 3 Assets | Non-U.S. government bonds | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 20 | 24 | |
| Total of Level 1, Level 2 and Level 3 Assets | Non-U.S. corporate bonds | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 10 | 11 | |
| Total of Level 1, Level 2 and Level 3 Assets | Mortgage-backed securities | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 2 | 2 | |
| Total of Level 1, Level 2 and Level 3 Assets | Other fixed income | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 8 | 3 | |
| Total of Level 1, Level 2 and Level 3 Assets | Total Other types of investments | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 1,010 | 926 | |
| Total of Level 1, Level 2 and Level 3 Assets | Mutual funds | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 939 | 860 | |
| Total of Level 1, Level 2 and Level 3 Assets | Insurance contracts | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 71 | 66 | |
| Total of Level 1, Level 2 and Level 3 Assets | Derivatives—credit contracts | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Total of Level 1, Level 2 and Level 3 Assets | Real estate | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Total of Level 1, Level 2 and Level 3 Assets | Cash | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 18 | 36 | |
| Level 1 | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 42 | 40 | |
| Level 1 | Total Fixed income securities | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 27 | 26 | |
| Level 1 | U.S. government bonds | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 18 | 18 | |
| Level 1 | U.S. corporate bonds | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 9 | 8 | |
| Level 1 | Non-U.S. government bonds | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 1 | Non-U.S. corporate bonds | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 1 | Mortgage-backed securities | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 1 | Other fixed income | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 1 | Total Other types of investments | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 1 | Mutual funds | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 1 | Insurance contracts | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 1 | Derivatives—credit contracts | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 1 | Real estate | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 1 | Cash | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 15 | 14 | |
| Level 2 | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 982 | 922 | |
| Level 2 | Total Fixed income securities | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 40 | 40 | |
| Level 2 | U.S. government bonds | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 2 | U.S. corporate bonds | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 2 | Non-U.S. government bonds | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 20 | 24 | |
| Level 2 | Non-U.S. corporate bonds | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 10 | 11 | |
| Level 2 | Mortgage-backed securities | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 2 | 2 | |
| Level 2 | Other fixed income | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 8 | 3 | |
| Level 2 | Total Other types of investments | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 939 | 860 | |
| Level 2 | Mutual funds | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 939 | 860 | |
| Level 2 | Insurance contracts | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 2 | Derivatives—credit contracts | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 2 | Real estate | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 2 | Cash | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 3 | 22 | |
| Level 3 | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 71 | 66 | $ 45 |
| Level 3 | Total Fixed income securities | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 3 | U.S. government bonds | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 3 | U.S. corporate bonds | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 3 | Non-U.S. government bonds | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 3 | Non-U.S. corporate bonds | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 3 | Mortgage-backed securities | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 3 | Other fixed income | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 3 | Total Other types of investments | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 71 | 66 | |
| Level 3 | Mutual funds | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 3 | Insurance contracts | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 71 | 66 | |
| Level 3 | Derivatives—credit contracts | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 3 | Real estate | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Level 3 | Cash | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | 0 | 0 | |
| Investments at net asset value: | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Fair value of plan assets by asset category | $ 46 | $ 49 |
Employee Benefit Plans and Postretirement Benefits - Changes in Level 3 Plan Assets (Details) - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Defined Benefit Plan Disclosure [Line Items] | ||
| Beginning plan assets | $ 1,077 | |
| Ending plan assets | 1,141 | $ 1,077 |
| Level 3 | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Beginning plan assets | 66 | 45 |
| Actual return on plan assets relating to assets still held at reporting date | 2 | 1 |
| Purchases | 3 | 28 |
| Settlements | (6) | (5) |
| Transfers in and/or out of level 3 | 0 | (1) |
| Currency impact | 6 | (2) |
| Ending plan assets | $ 71 | $ 66 |
Employee Benefit Plans and Postretirement Benefits - Cash Flows Related to Total Benefits Expected to be Paid (Details) $ in Millions |
Dec. 31, 2025
USD ($)
|
|---|---|
| Pension | |
| Defined Benefit Plan Disclosure [Line Items] | |
| 2026 | $ 100 |
| 2027 | 93 |
| 2028 | 93 |
| 2029 | 92 |
| 2030 | 89 |
| 2031 - 2035 | 424 |
| Total | 891 |
| Healthcare | |
| Defined Benefit Plan Disclosure [Line Items] | |
| 2026 | 19 |
| 2027 | 18 |
| 2028 | 16 |
| 2029 | 16 |
| 2030 | 15 |
| 2031 - 2035 | 76 |
| Total | 160 |
| Other | |
| Defined Benefit Plan Disclosure [Line Items] | |
| 2026 | 7 |
| 2027 | 6 |
| 2028 | 6 |
| 2029 | 7 |
| 2030 | 8 |
| 2031 - 2035 | 38 |
| Total | $ 72 |
Other Liabilities - Summary of Other Liabilities (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
|---|---|---|---|---|
| Other Liabilities Disclosure [Abstract] | ||||
| Warranty and campaign programs | $ 641 | $ 633 | $ 610 | |
| Marketing and sales incentive programs | 1,930 | 2,075 | ||
| Tax payables | 323 | 243 | ||
| Accrued expenses and deferred income | 843 | 917 | ||
| Accrued employee benefits | 459 | 376 | ||
| Lease liabilities | 272 | 282 | ||
| Legal reserves and other provisions | 419 | 390 | ||
| Contract liabilities | 122 | 72 | 50 | |
| Restructuring reserve | 15 | 30 | $ 43 | $ 30 |
| Other | 318 | 345 | ||
| Total | $ 5,342 | $ 5,363 |
Other Liabilities - Summary of Recorded Activity for Basic Warranty and Accruals for Campaign Programs (Details) - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Movement in Standard and Extended Product Warranty, Increase (Decrease) [Roll Forward] | ||
| Balance at beginning of year | $ 633 | $ 610 |
| Current year additions | 535 | 628 |
| Claims paid | (563) | (570) |
| Currency translation adjustment and other | 36 | (35) |
| Balance at end of year | $ 641 | $ 633 |
Other Liabilities - Additional Information (Details) - USD ($) $ in Millions |
12 Months Ended | 14 Months Ended | ||
|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2024 |
|
| Restructuring Cost and Reserve [Line Items] | ||||
| Restructuring expenses | $ 22 | $ 118 | $ 67 | $ 131 |
| Agriculture | ||||
| Restructuring Cost and Reserve [Line Items] | ||||
| Restructuring expenses | 20 | 104 | 51 | |
| Construction | ||||
| Restructuring Cost and Reserve [Line Items] | ||||
| Restructuring expenses | 3 | 13 | 14 | |
| Financial Services | ||||
| Restructuring Cost and Reserve [Line Items] | ||||
| Restructuring expenses | $ (1) | $ 1 | $ 2 | |
Other Liabilities - Restructuring Activity (Details) - USD ($) $ in Millions |
12 Months Ended | 14 Months Ended | ||
|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2024 |
|
| Restructuring Reserve [Roll Forward] | ||||
| Beginning balance | $ 30 | $ 43 | $ 30 | |
| Restructuring charges | 22 | 118 | 67 | $ 131 |
| Reserves utilized: cash | (27) | (118) | (54) | |
| Reserves utilized: non-cash | (12) | (14) | 0 | |
| Currency translation adjustments | 2 | 1 | 0 | |
| Ending balance | 15 | 30 | 43 | 30 |
| Severance and Other Employee Costs | ||||
| Restructuring Reserve [Roll Forward] | ||||
| Beginning balance | 15 | 39 | 25 | |
| Restructuring charges | 10 | 81 | 36 | |
| Reserves utilized: cash | (16) | (99) | (19) | |
| Reserves utilized: non-cash | (1) | (2) | (3) | |
| Currency translation adjustments | 0 | (4) | 0 | |
| Ending balance | 8 | 15 | 39 | 15 |
| Facility Related Costs | ||||
| Restructuring Reserve [Roll Forward] | ||||
| Beginning balance | 8 | 4 | 3 | |
| Restructuring charges | 2 | 17 | 23 | |
| Reserves utilized: cash | (3) | (5) | (23) | |
| Reserves utilized: non-cash | (3) | (5) | 1 | |
| Currency translation adjustments | 1 | (3) | 0 | |
| Ending balance | 5 | 8 | 4 | 8 |
| Other Restructuring | ||||
| Restructuring Reserve [Roll Forward] | ||||
| Beginning balance | 7 | 0 | 2 | |
| Restructuring charges | 10 | 20 | 8 | |
| Reserves utilized: cash | (8) | (14) | (12) | |
| Reserves utilized: non-cash | (8) | (7) | 2 | |
| Currency translation adjustments | 1 | 8 | 0 | |
| Ending balance | $ 2 | $ 7 | $ 0 | $ 7 |
Commitments and Contingencies - Additional Information (Details) € in Millions, $ in Millions |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 09, 2025
EUR (€)
|
Dec. 31, 2025
USD ($)
site
|
Dec. 31, 2024
USD ($)
|
|
| Commitments and Contingencies Disclosure [Abstract] | |||
| Number of non owned sites (in sites) | 66 | ||
| Number of national priority list (in sites) | 16 | ||
| Number of sites not named as a potentially responsible party (PRP) the company's liability has been resolved or has been deemed de minimis (in sites) | 60 | ||
| Incurred and claims to be resolved over extended period of time | 30 years | ||
| Environmental reserves | $ | $ 24 | $ 21 | |
| Imposing fines, investigation | € | € 57 | ||
| Guarantees at carrying value | $ | $ 119 | $ 54 |
Commitments and Contingencies - Financial Services has Various Agreements to Extend Credit (Details) $ in Millions |
Dec. 31, 2025
USD ($)
|
|---|---|
| Wholesale and dealer financing | |
| Line of Credit Facility [Line Items] | |
| Total Credit Limit | $ 9,050 |
| Utilized | 4,683 |
| Not Utilized | 4,367 |
| Revolving charge accounts | |
| Line of Credit Facility [Line Items] | |
| Total Credit Limit | 2,844 |
| Utilized | 244 |
| Not Utilized | $ 2,600 |
Financial Instruments - Additional Information (Details) - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||
| Impairment losses on assets sold with a buy-back commitment | $ 172 | $ 11 |
| Foreign currency contracts | ||
| Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||
| Notional amount of foreign exchange derivatives | 3,600 | 4,200 |
| Interest rate derivatives | ||
| Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ||
| Notional amount of foreign exchange derivatives | $ 11,100 | $ 9,100 |
Financial Instruments - Gross Impact of Changes in Fair Value of Derivatives Designated as Cash Flow Hedges on AOCI and Net Income (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Derivative Instruments and Hedging Activities Disclosures [Line Items] | |||
| (Gains) Loss Recognized in Accumulated Other Comprehensive Loss | $ (32) | $ 86 | $ (117) |
| (Gains) Loss Reclassified from Accumulated Other Comprehensive Loss into Income | 39 | (48) | (27) |
| Net sales | Foreign exchange contracts | |||
| Derivative Instruments and Hedging Activities Disclosures [Line Items] | |||
| (Gains) Loss Recognized in Accumulated Other Comprehensive Loss | (3) | (17) | (35) |
| (Gains) Loss Reclassified from Accumulated Other Comprehensive Loss into Income | (4) | (9) | (7) |
| Cost of goods sold | Foreign exchange contracts | |||
| Derivative Instruments and Hedging Activities Disclosures [Line Items] | |||
| (Gains) Loss Reclassified from Accumulated Other Comprehensive Loss into Income | 19 | (18) | (33) |
| Other, Net | Foreign exchange contracts | |||
| Derivative Instruments and Hedging Activities Disclosures [Line Items] | |||
| (Gains) Loss Reclassified from Accumulated Other Comprehensive Loss into Income | (4) | 4 | 7 |
| Interest expense | Foreign exchange contracts | |||
| Derivative Instruments and Hedging Activities Disclosures [Line Items] | |||
| (Gains) Loss Reclassified from Accumulated Other Comprehensive Loss into Income | 28 | (25) | 6 |
| Interest expense | Interest rate contracts | |||
| Derivative Instruments and Hedging Activities Disclosures [Line Items] | |||
| (Gains) Loss Recognized in Accumulated Other Comprehensive Loss | $ (29) | $ 103 | $ (82) |
Financial Instruments - Summary of Activity in Accumulated Other Comprehensive Income Related to Derivatives (Details) - Unrealized Gain (Loss) on Cash Flow Hedges - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Before-Tax Amount | |||
| Accumulated derivative net income (losses), beginning balance | $ 115 | $ (19) | $ 71 |
| Net changes in fair value of derivatives | (32) | 86 | (117) |
| Net loss reclassified from accumulated other comprehensive income into income | (39) | 48 | 27 |
| Accumulated derivative net income (losses), ending balance | 44 | 115 | (19) |
| Income Tax | |||
| Accumulated derivative net income (losses), beginning balance | (43) | 9 | (27) |
| Net changes in fair value of derivatives | 15 | (49) | 39 |
| Net loss reclassified from accumulated other comprehensive income into income | 11 | (3) | (3) |
| Accumulated derivative net income (losses), ending balance | (17) | (43) | 9 |
| After-Tax Amount | |||
| Accumulated derivative net income (losses), beginning balance | 72 | (10) | 44 |
| Net changes in fair value of derivatives | (17) | 37 | (78) |
| Net loss reclassified from accumulated other comprehensive income into income | 28 | (45) | (24) |
| Accumulated derivative net income (losses), ending balance | $ 27 | $ 72 | $ (10) |
Financial Instruments - Impact of Changes in Fair Value of Fair Value Hedges and Not Designated as Hedging Instruments on Earnings (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Interest expense | Fair Value Hedges | Interest rate derivatives | |||
| Fair Value Hedges | |||
| Interest rate derivatives | $ 40 | $ 19 | $ (42) |
| Other, Net | Foreign exchange contracts | Not Designated as Hedges | |||
| Not Designated as Hedges | |||
| Foreign exchange contracts | $ (3) | $ (49) | $ (67) |
Financial Instruments - Fair Values of Derivatives (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Derivatives, Fair Value [Line Items] | ||
| Derivative assets | $ 142 | $ 196 |
| Derivative liabilities | 97 | 146 |
| Derivatives designated as hedging instruments | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative assets | 124 | 147 |
| Derivative liabilities | 72 | 109 |
| Derivatives designated as hedging instruments | Foreign currency contracts | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative assets | 23 | 44 |
| Derivative liabilities | 30 | 51 |
| Derivatives designated as hedging instruments | Interest rate derivatives | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative assets | 101 | 103 |
| Derivative liabilities | 42 | 58 |
| Not Designated as Hedges | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative assets | 18 | 49 |
| Derivative liabilities | 25 | 37 |
| Not Designated as Hedges | Foreign currency contracts | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative assets | 7 | 27 |
| Derivative liabilities | 14 | 15 |
| Not Designated as Hedges | Interest rate derivatives | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative assets | 11 | 22 |
| Derivative liabilities | $ 11 | $ 22 |
Financial Instruments - Fair Value Hierarchy Levels of Assets and Liabilities Value on Recurring Basis (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Total Assets | $ 142 | $ 196 |
| Total Liabilities | 97 | 146 |
| Foreign exchange derivatives | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Total Assets | 30 | 71 |
| Total Liabilities | 44 | 66 |
| Interest rate derivatives | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Total Assets | 112 | 125 |
| Total Liabilities | 53 | 80 |
| Level 1 | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Total Assets | 0 | 0 |
| Total Liabilities | 0 | 0 |
| Level 1 | Foreign exchange derivatives | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Total Assets | 0 | 0 |
| Total Liabilities | 0 | 0 |
| Level 1 | Interest rate derivatives | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Total Assets | 0 | 0 |
| Total Liabilities | 0 | 0 |
| Level 2 | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Total Assets | 142 | 196 |
| Total Liabilities | 97 | 146 |
| Level 2 | Foreign exchange derivatives | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Total Assets | 30 | 71 |
| Total Liabilities | 44 | 66 |
| Level 2 | Interest rate derivatives | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Total Assets | 112 | 125 |
| Total Liabilities | $ 53 | $ 80 |
Financial Instruments - Fair Value Hierarchy Levels of Assets and Liabilities Value on Nonrecurring Basis (Details) - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Impairment Of Intangible Asset Indefinite Lived Excluding Goodwill Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag | Other intangible assets | |
| Level 3 | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Other intangible assets, Fair Value | $ 64 | $ 173 |
| Other intangible assets, Losses | $ 172 | $ 11 |
Financial Instruments - Estimated Fair Values of Instruments Not Carried at Fair Value in Balance Sheets (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| Carrying Amount | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Financing receivables | $ 23,105 | $ 23,085 |
| Debt | 26,762 | 26,882 |
| Fair Value | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Financing receivables | 23,073 | 22,920 |
| Debt | $ 27,339 | $ 27,222 |
Shareholders' Equity - Additional Information (Details) € / shares in Units, $ / shares in Units, € in Millions, $ in Millions |
12 Months Ended | |||||||
|---|---|---|---|---|---|---|---|---|
|
Dec. 31, 2025
EUR (€)
vote
€ / shares
shares
|
Dec. 31, 2024
shares
|
Dec. 31, 2023
shares
|
Dec. 31, 2025
USD ($)
shares
|
May 12, 2025
USD ($)
$ / shares
|
Mar. 01, 2024
shares
|
Feb. 29, 2024
USD ($)
|
Dec. 31, 2022
shares
|
|
| Class of Stock [Line Items] | ||||||||
| Authorized share capital amount | € | € 40 | |||||||
| Common stock, shares authorized (in shares) | 2,000,000,000 | 2,000,000,000 | ||||||
| Special voting shares, shares authorized (in shares) | 2,000,000,000 | 2,000,000,000 | ||||||
| Special voting shares (in eur per share) | € / shares | € 0.01 | |||||||
| Common and special voting shares | € 18 | $ 25 | ||||||
| Common shares, shares issued (in shares) | 1,364,400,196 | 1,364,400,196 | ||||||
| Common shares outstanding (in shares) | 1,242,064,719 | 1,248,023,791 | 1,242,064,719 | |||||
| Treasury stock (in shares) | 122,335,477 | 116,376,405 | 122,335,477 | 1,000,000,000 | ||||
| Special voting shares issued (in shares) | 396,474,276 | 396,474,276 | ||||||
| Special voting shares outstanding (in shares) | 370,457,350 | 370,994,305 | 370,457,350 | |||||
| Retirement of special voting shares (in shares) | 536,955 | 6,305 | 72,343 | |||||
| Capital increase (in shares) | 3,400,089 | 16,965,686 | 1,894,985 | |||||
| Number of votes eligible for each common share (in votes) | vote | 2 | |||||||
| Common shares, registered | 3 years | |||||||
| Buyback program authorized amount | $ | $ 500 | |||||||
| Stock repurchase program percentage of shares authorized to be repurchased | 10.00% | 10.00% | ||||||
| Common shares repurchased (in shares) | 9,400,000 | |||||||
| Treasury stock, value | $ | $ 1,422 | |||||||
| Dividend declared (in eur per share) | $ / shares | $ 0.25 | |||||||
| Dividend declared amount | $ | $ 313 | |||||||
| Special Voting Shares | ||||||||
| Class of Stock [Line Items] | ||||||||
| Treasury stock (in shares) | 26,016,926 | 26,016,926 | ||||||
| Special voting shares outstanding (in shares) | 370,457,350 | 370,994,305 | 371,000,610 | 370,457,350 | 371,072,953 | |||
| Retirement of special voting shares (in shares) | 536,955 | 6,305 | 72,343 | |||||
Shareholders' Equity - Changes in the Composition of the Share of Capital (Details) - shares |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Class of Stock [Line Items] | |||
| Common shares, shares outstanding, beginning balance (in shares) | 1,248,023,791 | ||
| Special voting shares, shares outstanding, beginning balance (in shares) | 370,994,305 | ||
| Common and special voting shares, shares outstanding (in shares) | 1,619,018,096 | 1,661,938,195 | 1,715,313,924 |
| Capital increase (in shares) | 3,400,089 | 16,965,686 | 1,894,985 |
| Common stock repurchases (in shares) | (9,359,161) | (59,879,480) | (55,198,371) |
| Retirement of special voting shares (in shares) | (536,955) | (6,305) | (72,343) |
| Common shares, shares outstanding, ending balance (in shares) | 1,242,064,719 | 1,248,023,791 | |
| Special voting shares, shares outstanding, ending balance (in shares) | 370,457,350 | 370,994,305 | |
| Common and special voting shares, shares outstanding (in shares) | 1,612,522,069 | 1,619,018,096 | 1,661,938,195 |
| Common Shares | |||
| Class of Stock [Line Items] | |||
| Common shares, shares outstanding, beginning balance (in shares) | 1,248,023,791 | 1,290,937,585 | 1,344,240,971 |
| Capital increase (in shares) | 3,400,089 | 16,965,686 | 1,894,985 |
| Common stock repurchases (in shares) | (9,359,161) | (59,879,480) | (55,198,371) |
| Retirement of special voting shares (in shares) | 0 | ||
| Common shares, shares outstanding, ending balance (in shares) | 1,242,064,719 | 1,248,023,791 | 1,290,937,585 |
| Loyalty Program Special Voting Shares | |||
| Class of Stock [Line Items] | |||
| Special voting shares, shares outstanding, beginning balance (in shares) | 370,994,305 | 371,000,610 | 371,072,953 |
| Common stock repurchases (in shares) | 0 | ||
| Retirement of special voting shares (in shares) | (536,955) | (6,305) | (72,343) |
| Special voting shares, shares outstanding, ending balance (in shares) | 370,457,350 | 370,994,305 | 371,000,610 |
Share-Based Compensation - Additional Information (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions |
12 Months Ended | 36 Months Ended | ||||||
|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2027 |
Dec. 31, 2026 |
Dec. 31, 2025 |
Apr. 16, 2020 |
Feb. 28, 2020 |
|
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||||
| Share-based compensation expense | $ 25 | $ 19 | $ 99 | |||||
| Tax benefit relating to share-based compensation expense | $ 26 | $ 29 | $ 14 | |||||
| Unrecognized share-based compensation costs weighted-average period | 1 year 6 months | |||||||
| Restricted Stock Units | ||||||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||||
| Granted (in shares) | 3.0 | 3.5 | 2.1 | |||||
| Fair value of stock awarded (in dollars per share) | $ 11.68 | $ 9.42 | $ 11.87 | |||||
| CNH EIP | ||||||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||||
| Shares authorized (in shares) | 50.0 | |||||||
| CNH EIP | Executive Director | ||||||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||||
| Shares authorized (in shares) | 7.0 | |||||||
| Long Term Incentive Plan Years 2023, 2024, 2025 | Restricted Stock Units | ||||||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||||
| Vesting period | 3 years | |||||||
| Long Term Incentive Plan Years 2023, 2024, 2025 | Restricted Stock Units | Forecast | ||||||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||||
| Vesting period | 3 years | 3 years | ||||||
| 2023-2025 Long Term Incentive Plan | Performance Shares | ||||||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||||||||
| Granted (in shares) | 3.0 | 9.7 | 2.8 | |||||
| Vested (in dollars per share) | $ 11.30 | $ 8.27 | $ 12.29 | |||||
Share-Based Compensation - Schedule of Performance-Based Share Activity (Details) - CNH Industrial EIP - Performance Shares |
12 Months Ended |
|---|---|
|
Dec. 31, 2025
$ / shares
shares
| |
| Performance Shares | |
| Nonvested, beginning balance (in shares) | shares | 6,801,539 |
| Granted (in shares) | shares | 3,045,155 |
| Forfeited/Cancelled (in shares) | shares | (1,828,112) |
| Vested (in shares) | shares | (1,116,382) |
| Nonvested, ending balance (in shares) | shares | 6,902,200 |
| Weighted Average Grant Date Fair Value | |
| Nonvested, beginning balance (in dollars per share) | $ / shares | $ 11.28 |
| Granted (in dollars per share) | $ / shares | 11.30 |
| Forfeited/Cancelled (in dollars per share) | $ / shares | 11.37 |
| Vested (in dollars per share) | $ / shares | 13.98 |
| Nonvested, ending balance (in dollars per share) | $ / shares | $ 10.84 |
Share-Based Compensation - Schedule of Restricted-Based Share Activity (Details) - Restricted Stock Units - $ / shares |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Restricted Shares | |||
| Granted (in shares) | 3,000,000.0 | 3,500,000 | 2,100,000 |
| Weighted Average Grant Date Fair Value | |||
| Granted (in dollars per share) | $ 11.68 | $ 9.42 | $ 11.87 |
| CNH Industrial EIP | |||
| Restricted Shares | |||
| Nonvested, beginning balance (in shares) | 6,204,373 | ||
| Granted (in shares) | 3,002,179 | ||
| Forfeited (in shares) | (822,397) | ||
| Vested (in shares) | (2,279,470) | ||
| Nonvested, ending balance (in shares) | 6,104,685 | 6,204,373 | |
| Weighted Average Grant Date Fair Value | |||
| Nonvested, beginning balance (in dollars per share) | $ 10.88 | ||
| Forfeited (in dollars per share) | 11.02 | ||
| Vested (in dollars per share) | 11.94 | ||
| Nonvested, ending balance (in dollars per share) | $ 10.86 | $ 10.88 | |
Share-Based Compensation - Additional Share Based Compensation Information (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Share-Based Payment Arrangement [Abstract] | |||
| Total intrinsic value of options exercised and shares vested | $ 41 | $ 203 | $ 52 |
| Fair value of shares vested | $ 43 | $ 126 | $ 14 |
Earnings per Share (Details) - USD ($) $ / shares in Units, $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Earnings Per Share [Abstract] | |||
| Net income attributable to CNH Industrial N.V. | $ 510 | $ 1,246 | $ 2,275 |
| Basic EPS attributable to common shareholders | |||
| Weighted average common shares outstanding—basic (in shares) | 1,248,000,000 | 1,254,000,000 | 1,332,000,000 |
| Basic earnings per share (in dollars per share) | $ 0.41 | $ 0.99 | $ 1.71 |
| Diluted EPS attributable to common shareholders | |||
| Dilutive effect of stock compensation plans (in shares) | 3,000,000 | 6,000,000 | 18,000,000 |
| Weighted average common shares outstanding—diluted (in shares) | 1,251,000,000 | 1,260,000,000 | 1,350,000,000 |
| Diluted earnings per share (in dollars per share) | $ 0.41 | $ 0.99 | $ 1.69 |
| Anti-dilutive securities (in shares) | 0 | 0 | 0 |
Accumulated Other Comprehensive Income (Loss) - Components of OCI (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| Gross Amount | $ (73) | $ (287) | $ (136) |
| Income Taxes | 23 | (64) | 55 |
| Other comprehensive loss, net of tax | (50) | (351) | (81) |
| Unrealized loss on cash flow hedges | |||
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| Gross Amount | (71) | 134 | (90) |
| Income Taxes | 26 | (52) | 34 |
| Other comprehensive loss, net of tax | (45) | 82 | (56) |
| Change in Retirement Plans' Funded Status | |||
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| Gross Amount | 36 | 15 | (87) |
| Income Taxes | (3) | (12) | 21 |
| Other comprehensive loss, net of tax | 33 | 3 | (66) |
| Foreign Currency Translation | |||
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| Gross Amount | (61) | (408) | 40 |
| Income Taxes | 0 | 0 | 0 |
| Other comprehensive loss, net of tax | (61) | (408) | 40 |
| Share of other comprehensive income of entities using the equity method | |||
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| Gross Amount | 23 | (28) | 1 |
| Income Taxes | 0 | 0 | 0 |
| Other comprehensive loss, net of tax | $ 23 | $ (28) | $ 1 |
Accumulated Other Comprehensive Income (Loss) - Components of AOCI (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Accumulated Other Comprehensive Income [Roll Forward] | |||
| Beginning balance | $ 7,713 | $ 8,096 | $ 6,927 |
| Other comprehensive loss, net of tax | (50) | (351) | (81) |
| Ending balance | 7,772 | 7,713 | 8,096 |
| Total | |||
| Accumulated Other Comprehensive Income [Roll Forward] | |||
| Beginning balance | (2,712) | (2,362) | (2,278) |
| Other comprehensive income (loss), before reclassifications | (15) | (391) | (96) |
| Amounts reclassified from other comprehensive income | (40) | 41 | 12 |
| Other comprehensive loss, net of tax | (55) | (350) | (84) |
| Ending balance | (2,767) | (2,712) | (2,362) |
| Unrealized Gain (Loss) on Cash Flow Hedges | |||
| Accumulated Other Comprehensive Income [Roll Forward] | |||
| Beginning balance | 72 | (10) | 46 |
| Other comprehensive income (loss), before reclassifications | (17) | 37 | (78) |
| Other comprehensive income (loss), before reclassifications | (80) | ||
| Amounts reclassified from other comprehensive income | (28) | 45 | 24 |
| Other comprehensive loss, net of tax | (45) | 82 | (56) |
| Ending balance | 27 | 72 | (10) |
| Change in Retirement Plans' Funded Status | |||
| Accumulated Other Comprehensive Income [Roll Forward] | |||
| Beginning balance | (348) | (351) | (285) |
| Other comprehensive income (loss), before reclassifications | 45 | 7 | (54) |
| Amounts reclassified from other comprehensive income | (12) | (4) | (12) |
| Other comprehensive loss, net of tax | 33 | 3 | (66) |
| Ending balance | (315) | (348) | (351) |
| Foreign Currency Translation | |||
| Accumulated Other Comprehensive Income [Roll Forward] | |||
| Beginning balance | (2,170) | (1,763) | (1,800) |
| Other comprehensive income (loss), before reclassifications | (66) | (407) | 37 |
| Amounts reclassified from other comprehensive income | 0 | 0 | 0 |
| Other comprehensive loss, net of tax | (61) | (408) | 40 |
| Other comprehensive income (loss), net of tax and adjustments | (66) | (407) | 37 |
| Ending balance | (2,236) | (2,170) | (1,763) |
| Share of Other Comprehensive Income (loss) of Entities Using the Equity Method | |||
| Accumulated Other Comprehensive Income [Roll Forward] | |||
| Beginning balance | (266) | (238) | (239) |
| Other comprehensive income (loss), before reclassifications | 23 | (28) | 1 |
| Amounts reclassified from other comprehensive income | 0 | 0 | 0 |
| Other comprehensive loss, net of tax | 23 | (28) | 1 |
| Ending balance | (243) | (266) | (238) |
| AOCI Including Portion Attributable to Noncontrolling Interest | |||
| Accumulated Other Comprehensive Income [Roll Forward] | |||
| Other comprehensive loss, net of tax | $ 5 | $ (1) | $ 3 |
Accumulated Other Comprehensive Income (Loss) - Schedule of Reclassifications (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |||
| Net sales | $ 15,346 | $ 17,060 | $ 22,080 |
| Cost of goods sold | (12,389) | (13,350) | (16,838) |
| Other, net | (681) | (664) | (830) |
| Interest expense | (1,482) | (1,611) | (1,345) |
| Income taxes | (184) | (336) | (594) |
| Net income | 505 | 1,259 | $ 2,287 |
| Reclassification out of accumulated other comprehensive income | |||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |||
| Net income | (40) | 41 | |
| Reclassification out of accumulated other comprehensive income | Unrealized Gain (Loss) on Cash Flow Hedges | |||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |||
| Net sales | 4 | 9 | |
| Cost of goods sold | (19) | 18 | |
| Other, net | 4 | (4) | |
| Interest expense | (28) | 25 | |
| Income taxes | 11 | (3) | |
| Net income | (28) | 45 | |
| Reclassification out of accumulated other comprehensive income | Change in Retirement Plans' Funded Status | |||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |||
| Income taxes | 1 | 1 | |
| Net income | (12) | (4) | |
| Reclassification out of accumulated other comprehensive income | Amortization of actuarial losses | |||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |||
| Amortization of actuarial losses | 20 | 19 | |
| Reclassification out of accumulated other comprehensive income | Amortization of prior service credit | |||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |||
| Amortization of prior service credit | (27) | (24) | |
| Reclassification out of accumulated other comprehensive income | Curtailment of prior service credit | |||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |||
| Curtailment of prior service credit | $ (6) | $ 0 | |
Segment Reporting - Additional Information (Details) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 31, 2025
USD ($)
segment
|
Dec. 31, 2024
USD ($)
|
Dec. 31, 2023
USD ($)
|
|
| Segment Reporting Information [Line Items] | |||
| Number of segments (in segments) | segment | 3 | ||
| Net sales | $ 18,095 | $ 19,836 | $ 24,687 |
| U.K. | |||
| Segment Reporting Information [Line Items] | |||
| Net sales | 393 | 359 | 548 |
| Total long-lived assets | 288 | 324 | |
| Total Revenues from external customers in the rest of world | |||
| Segment Reporting Information [Line Items] | |||
| Net sales | 17,702 | 19,477 | $ 24,139 |
| Total long-lived assets | $ 8,187 | $ 7,883 | |
Segment Reporting - Adjusted EBIT for Agriculture and Construction Segments (Details) - USD ($) $ in Millions |
12 Months Ended | 14 Months Ended | ||
|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2024 |
|
| Segment Reporting Information [Line Items] | ||||
| Net sales | $ 15,346 | $ 17,060 | $ 22,080 | |
| Finance, interest and other income (Financial Services) | 2,749 | 2,776 | 2,607 | |
| Total Revenues | 18,095 | 19,836 | 24,687 | |
| 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) | |
| Interest expense (Financial Services) | (1,482) | (1,611) | (1,345) | |
| Restructuring expenses | (22) | (118) | (67) | $ (131) |
| Equity in income of joint ventures | 69 | 138 | 178 | |
| Segment Profit/(loss) [C=A+B] | 1,269 | 2,128 | 3,381 | |
| Interest expenses, net (excluding Financial Services) | (114) | (152) | (76) | |
| Foreign exchange gains, net (Industrial Activities) | (22) | (15) | (105) | |
| Finance and non-service component of Pension and other post employment benefit costs | 0 | (10) | (4) | |
| Unallocated amounts | (177) | (235) | (240) | |
| Discrete items excluded from Segments | (244) | (4) | (10) | |
| Income taxes | (184) | (336) | (594) | |
| Net income | 505 | 1,259 | 2,287 | |
| Impairment losses on assets sold with a buy-back commitment | 172 | 11 | ||
| Operating Segments | ||||
| Segment Reporting Information [Line Items] | ||||
| Net sales | 15,346 | 17,060 | 22,080 | |
| Inventory Write-down | 10 | |||
| Loss from sale of business, held for sale | 17 | 23 | ||
| Investment of fair value adjustment gain | 14 | 13 | ||
| 2021 Modification of Healthcare Plan | Other activities and adjustments | ||||
| Segment Reporting Information [Line Items] | ||||
| Amortization of benefits modification | $ 21 | 24 | 24 | |
| Amortization period of deferred reduction to retirement benefits payable | 4 years | |||
| Reduction of plan liability | $ 101 | |||
| Agriculture | ||||
| Segment Reporting Information [Line Items] | ||||
| Net sales | 12,390 | 14,007 | 18,148 | |
| Finance, interest and other income (Financial Services) | 0 | 0 | 0 | |
| Total Revenues | 12,390 | 14,007 | 18,148 | |
| Cost of goods sold | (9,835) | (10,796) | (13,521) | |
| Selling, general and administrative expenses | (1,076) | (1,031) | (1,214) | |
| Research and development expenses | (755) | (829) | (937) | |
| Equity in income of joint ventures | 48 | 119 | 160 | |
| Adjusted EBIT [A] | 772 | 1,470 | 2,636 | |
| Agriculture | Raven and Bennamann | ||||
| Segment Reporting Information [Line Items] | ||||
| Impairment losses on assets sold with a buy-back commitment | 172 | |||
| Agriculture | Monarch Tractors and Other | ||||
| Segment Reporting Information [Line Items] | ||||
| Impairment losses on assets sold with a buy-back commitment | 62 | |||
| Construction | ||||
| Segment Reporting Information [Line Items] | ||||
| Net sales | 2,956 | 3,053 | 3,932 | |
| Finance, interest and other income (Financial Services) | 0 | 0 | 0 | |
| Total Revenues | 2,956 | 3,053 | 3,932 | |
| Cost of goods sold | (2,543) | (2,554) | (3,317) | |
| Selling, general and administrative expenses | (247) | (235) | (273) | |
| Research and development expenses | (98) | (95) | (104) | |
| Equity in income of joint ventures | 0 | 0 | 0 | |
| Adjusted EBIT [A] | 68 | 169 | 238 | |
| Financial Services | ||||
| Segment Reporting Information [Line Items] | ||||
| Net sales | 0 | 0 | 0 | |
| Finance, interest and other income (Financial Services) | 2,720 | 2,774 | 2,573 | |
| Total Revenues | 2,720 | 2,774 | 2,573 | |
| Cost of goods sold | 0 | 0 | 0 | |
| Selling, general and administrative expenses | (449) | (332) | (218) | |
| Research and development expenses | 0 | 0 | 0 | |
| Interest expense (Financial Services) | (1,339) | (1,457) | (1,235) | |
| Restructuring expenses | 1 | (1) | (2) | |
| Other, net (Financial Services) | (525) | (514) | (629) | |
| Equity in income of joint ventures | 21 | 19 | 18 | |
| Income before income taxes [B] | 429 | 489 | 507 | |
| Risk cost | 313 | 204 | 80 | |
| Financial Services | Operating Segments | ||||
| Segment Reporting Information [Line Items] | ||||
| Total Revenues | 2,720 | 2,774 | 2,573 | |
| Industrial Activities | ||||
| Segment Reporting Information [Line Items] | ||||
| Restructuring expenses | $ (23) | |||
| Agriculture & Construction | ||||
| Segment Reporting Information [Line Items] | ||||
| Restructuring expenses | $ (117) | $ (65) | ||
Segment Reporting - Revenue from Operating Segments (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Segment Reporting Information [Line Items] | |||
| Net sales | $ 15,346 | $ 17,060 | $ 22,080 |
| Total Revenues | 18,095 | 19,836 | 24,687 |
| Depreciation and amortization | 432 | 417 | 377 |
| Expenditures for long-lived assets | 543 | 536 | 644 |
| Inventories, net | 4,651 | 4,776 | |
| Equity Method Investments | 401 | 403 | |
| Operating Segments | |||
| Segment Reporting Information [Line Items] | |||
| Net sales | 15,346 | 17,060 | 22,080 |
| Intersegment Eliminations | |||
| Segment Reporting Information [Line Items] | |||
| Total Revenues | 29 | 2 | 34 |
| Industrial Activities | |||
| Segment Reporting Information [Line Items] | |||
| Depreciation and amortization | 427 | 413 | 373 |
| Expenditures for long-lived assets | 530 | 533 | 637 |
| Industrial Activities | Other activities and adjustments | |||
| Segment Reporting Information [Line Items] | |||
| Depreciation and amortization | 2 | 2 | 0 |
| Expenditures for long-lived assets | 1 | 3 | 7 |
| Agriculture | |||
| Segment Reporting Information [Line Items] | |||
| Depreciation and amortization | 372 | 366 | 331 |
| Expenditures for long-lived assets | 459 | 455 | 534 |
| Inventories, net | 3,635 | 3,730 | |
| Equity Method Investments | 255 | 284 | |
| Agriculture | Operating Segments | |||
| Segment Reporting Information [Line Items] | |||
| Net sales | 12,390 | 14,007 | 18,148 |
| Construction | |||
| Segment Reporting Information [Line Items] | |||
| Depreciation and amortization | 53 | 45 | 42 |
| Expenditures for long-lived assets | 70 | 75 | 96 |
| Inventories, net | 928 | 983 | |
| Construction | Operating Segments | |||
| Segment Reporting Information [Line Items] | |||
| Net sales | 2,956 | 3,053 | 3,932 |
| Financial Services | |||
| Segment Reporting Information [Line Items] | |||
| Net sales | 0 | 0 | 0 |
| Total Revenues | 2,720 | 2,774 | 2,573 |
| Depreciation and amortization | 5 | 4 | 4 |
| Expenditures for long-lived assets | 13 | 3 | 7 |
| Inventories, net | 88 | 63 | |
| Equity Method Investments | 146 | 119 | |
| Financial Services | Operating Segments | |||
| Segment Reporting Information [Line Items] | |||
| Total Revenues | $ 2,720 | $ 2,774 | $ 2,573 |
Segment Reporting - Revenue by Geographical Segments (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Segment Reporting Information [Line Items] | |||
| Net sales | $ 18,095 | $ 19,836 | $ 24,687 |
| United States | |||
| Segment Reporting Information [Line Items] | |||
| Net sales | 5,813 | 7,193 | 9,090 |
| Brazil | |||
| Segment Reporting Information [Line Items] | |||
| Net sales | 2,503 | 2,748 | 3,540 |
| Canada | |||
| Segment Reporting Information [Line Items] | |||
| Net sales | 1,546 | 1,745 | 1,712 |
| France | |||
| Segment Reporting Information [Line Items] | |||
| Net sales | 986 | 1,060 | 1,300 |
| Australia | |||
| Segment Reporting Information [Line Items] | |||
| Net sales | 693 | 888 | 1,222 |
| Argentina | |||
| Segment Reporting Information [Line Items] | |||
| Net sales | 547 | 566 | 574 |
| India | |||
| Segment Reporting Information [Line Items] | |||
| Net sales | 634 | 532 | 499 |
| Italy | |||
| Segment Reporting Information [Line Items] | |||
| Net sales | 462 | 422 | 562 |
| Germany | |||
| Segment Reporting Information [Line Items] | |||
| Net sales | 445 | 399 | 633 |
| China | |||
| Segment Reporting Information [Line Items] | |||
| Net sales | 276 | 326 | 300 |
| Poland | |||
| Segment Reporting Information [Line Items] | |||
| Net sales | 317 | 287 | 373 |
| Spain | |||
| Segment Reporting Information [Line Items] | |||
| Net sales | 310 | 259 | 263 |
| Other | |||
| Segment Reporting Information [Line Items] | |||
| Net sales | 3,170 | 3,052 | 4,071 |
| Total Revenues from external customers in the rest of world | |||
| Segment Reporting Information [Line Items] | |||
| Net sales | $ 17,702 | $ 19,477 | $ 24,139 |
Segment Reporting - Long-lived Assets by Geographical Segments (Details) - USD ($) $ in Millions |
Dec. 31, 2025 |
Dec. 31, 2024 |
|---|---|---|
| United States | ||
| Segment Reporting Information [Line Items] | ||
| Total long-lived assets | $ 5,869 | $ 5,795 |
| Canada | ||
| Segment Reporting Information [Line Items] | ||
| Total long-lived assets | 698 | 680 |
| Italy | ||
| Segment Reporting Information [Line Items] | ||
| Total long-lived assets | 547 | 466 |
| Brazil | ||
| Segment Reporting Information [Line Items] | ||
| Total long-lived assets | 265 | 202 |
| France | ||
| Segment Reporting Information [Line Items] | ||
| Total long-lived assets | 77 | 62 |
| China | ||
| Segment Reporting Information [Line Items] | ||
| Total long-lived assets | 56 | 51 |
| Germany | ||
| Segment Reporting Information [Line Items] | ||
| Total long-lived assets | 18 | 19 |
| Spain | ||
| Segment Reporting Information [Line Items] | ||
| Total long-lived assets | 1 | 3 |
| Other | ||
| Segment Reporting Information [Line Items] | ||
| Total long-lived assets | 656 | 605 |
| Total Revenues from external customers in the rest of world | ||
| Segment Reporting Information [Line Items] | ||
| Total long-lived assets | $ 8,187 | $ 7,883 |
Related Party Information - Additional Information (Details) - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Master Services Agreement | ||
| Related Party Transaction [Line Items] | ||
| Related party, agreement term | 2 years | |
| Engine Supply Agreement | ||
| Related Party Transaction [Line Items] | ||
| Related party, agreement term | 10 years | |
| Financial Service Agreement | ||
| Related Party Transaction [Line Items] | ||
| Related party, agreement term | 3 years | |
| EXOR N.V | ||
| Related Party Transaction [Line Items] | ||
| Percentage of common shares outstanding held by related parties | 45.50% | |
| CNH Industrial Capital Europe S.A.S. | ||
| Related Party Transaction [Line Items] | ||
| Pledged guarantees on commitments | $ 118 | $ 53 |
Related Party Information - Schedule of Related Party Transactions (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
|
| Related Party Transaction [Line Items] | |||
| Net sales | $ 15,346 | $ 17,060 | $ 22,080 |
| Purchases | 12,389 | 13,350 | 16,838 |
| Trade receivables, net | 226 | 125 | |
| Financial receivables from Iveco Group N.V. | 195 | 168 | |
| Trade payables | 2,247 | 2,292 | |
| Financial payables to Iveco Group N.V. | 91 | 62 | |
| Related Party | Iveco Group post-Demerger | |||
| Related Party Transaction [Line Items] | |||
| Net sales | 113 | 129 | 139 |
| Purchases | 681 | 747 | 1,042 |
| Trade receivables, net | 32 | 24 | |
| Financial receivables from Iveco Group N.V. | 195 | 168 | |
| Trade payables | 264 | 205 | |
| Financial payables to Iveco Group N.V. | 91 | 62 | |
| Related Party | Subsidiaries and Affiliates | |||
| Related Party Transaction [Line Items] | |||
| Net sales | 335 | 489 | 589 |
| Purchases | 430 | 420 | $ 508 |
| Trade receivables, net | 6 | 3 | |
| Trade payables | $ 42 | $ 53 | |
Subsequent Event (Details) - CNH Industrial Capital LLC - Subsequent Event - USD ($) $ in Millions |
Jan. 15, 2026 |
Jan. 08, 2026 |
Jan. 28, 2026 |
|---|---|---|---|
| 4.375% Notes Due March 7, 2031 | |||
| Subsequent Event [Line Items] | |||
| Revolving credit facility, amount | $ 500 | ||
| Interest percentage | 4.375% | ||
| Issue price | 99.086% | ||
| 1.875% Notes | |||
| Subsequent Event [Line Items] | |||
| Repayments of debt | $ 500 | ||
| Amortizing Asset-Backed Notes | |||
| Subsequent Event [Line Items] | |||
| Revolving credit facility, amount | $ 1,200 |