CNH Industrial NV
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
CNH$12.82+10.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| (in millions of dollars and shares, except per share amounts) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Revenues | |||
| Net sales | $22,080 | $21,541 | $17,802 |
| Finance, interest and other income | 2,607 | 2,010 | 1,694 |
| Total Revenues | 24,687 | 23,551 | 19,496 |
| Costs and Expenses | |||
| Cost of goods sold | 16,838 | 16,797 | 14,109 |
| Selling, general and administrative expenses | 1,863 | 1,752 | 1,454 |
| Research and development expenses | 1,041 | 866 | 642 |
| Restructuring expenses | 67 | 31 | 35 |
| Interest expense | 1,345 | 734 | 549 |
| Other, net | 830 | 689 | 768 |
| Total Costs and Expenses | 21,984 | 20,869 | 17,557 |
| Income (loss) of Consolidated Group before Income Taxes | 2,703 | 2,682 | 1,939 |
| Income tax expense | (594) | (747) | (229) |
| Equity in income of unconsolidated subsidiaries and affiliates | 274 | 104 | 91 |
| Net income (loss) from continuing operations | 2,383 | 2,039 | 1,801 |
| Net income (loss) from discontinued operations | — | — | (41) |
| Net income (loss) | 2,383 | 2,039 | 1,760 |
| Net income attributable to noncontrolling interests | 12 | 10 | 37 |
| Net income (loss) attributable to CNH Industrial N.V. | $2,371 | $2,029 | $1,723 |
| Basic earnings (loss) per share attributable to common shareholders | |||
| Continuing operations | $1.78 | $1.50 | $1.32 |
| Discontinuing operations | — | — | (0.05) |
| Basic earnings per share attributable to CNH Industrial N.V. | $1.78 | $1.50 | $1.27 |
| Diluted earnings (loss) per share attributable to common shareholders | |||
| Continuing operations | $1.76 | $1.49 | $1.32 |
| Discontinuing operations | — | — | (0.05) |
| Diluted earnings per share attributable to CNH Industrial N.V. | $1.76 | $1.49 | $1.27 |
| Average shares outstanding | |||
| Basic | 1,332 | 1,351 | 1,354 |
| Diluted | 1,350 | 1,362 | 1,361 |
| Cash dividends declared per common share | $0.394 | $0.302 | $0.132 |
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