CNH Industrial NV
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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FY2024 · Filed Feb 28, 2025
CNH$12.26-4.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
| (in millions of dollars) | 2024 | 2023(1) | 2022 | |||
|---|---|---|---|---|---|---|
| Cash Flows from Operating Activities | ||||||
| Net income (loss) | $1,259 | $2,287 | $2,039 | |||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||
| Depreciation and amortization expense excluding depreciation and amortization of assets under operating lease | 417 | 377 | 327 | |||
| Depreciation and amortization expense of assets under operating lease | 188 | 187 | 208 | |||
| (Gain) loss from disposal of assets | 11 | 10 | (42) | |||
| Undistributed income (loss) of unconsolidated subsidiaries | (11) | (115) | (69) | |||
| Other non-cash items | 329 | 173 | 196 | |||
| Changes in operating assets and liabilities: | ||||||
| Provisions | (204) | 911 | 189 | |||
| Deferred income taxes | (107) | (535) | (50) | |||
| Trade and financing receivables related to sales, net | 1,015 | (2,268) | (2,447) | |||
| Inventories, net | 787 | (259) | (151) | |||
| Trade payables | (1,186) | (157) | 125 | |||
| Other assets and liabilities | (530) | 296 | 232 | |||
| Net cash provided (used) by operating activities | 1,968 | 907 | 557 | |||
| Cash Flows from Investing Activities | ||||||
| Additions to retail receivables | (8,227) | (8,069) | (5,971) | |||
| Collections of retail receivables | 6,459 | 5,824 | 4,360 | |||
| Proceeds from the sale of assets, net of assets under operating leases | 1 | 16 | 97 | |||
| Expenditures for property, plant and equipment and intangible assets excluding assets under operating lease | (536) | (644) | (461) | |||
| Expenditures for assets under operating leases | (650) | (551) | (538) | |||
| Other, net | 181 | (275) | (496) | |||
| Net cash used in investing activities | (2,772) | (3,699) | (3,009) | |||
| Cash Flows from Financing Activities | ||||||
| Proceeds from long-term debt | 15,111 | 9,941 | 11,183 | |||
| Payments of long-term debt | (13,453) | (8,224) | (9,223) | |||
| Net increase (decrease) in other financial liabilities | (416) | 2,071 | 580 | |||
| Dividends paid | (607) | (538) | (423) | |||
| Purchase of treasury stock | (702) | (652) | (153) | |||
| Net cash provided (used) by financing activities | (67) | 2,598 | 1,964 | |||
| Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash | (308) | 110 | (228) | |||
| Net increase (decrease) in cash, cash equivalents and restricted cash | (1,179) | (84) | (716) | |||
| Cash, cash equivalents and restricted cash, beginning of year | 5,045 | 5,129 | 5,845 | |||
| Cash, cash equivalents and restricted cash, end of year | $3,866 | $5,045 | $5,129 | |||
| Components of cash, cash equivalents and restricted cash | ||||||
| Cash and cash equivalents | $3,191 | $4,322 | $4,376 | |||
| Restricted cash | 675 | 723 | 753 | |||
| Total cash, cash equivalents and restricted cash | $3,866 | $5,045 | $5,129 | |||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.