For the quarter ending 2026-03-31, CNH had -$890M decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Restructuring expenses-Financial Services Segment | - | -1 | - | - |
| Adjusted ebit-Agriculture Segment | - | 633 | - | - |
| Research and development expenses-Financial Services Segment | - | 0 | - | - |
| Equity in income of joint ventures-Agriculture Segment | - | 48 | - | - |
| Equity in income of joint ventures-Construction Segment | - | 0 | - | - |
| Equity in income of joint ventures-Financial Services Segment | - | 21 | - | - |
| Adjusted ebit-Construction Segment | - | 54 | - | - |
| Income before income taxes-Financial Services Segment | - | 311 | - | - |
| Segment profit/(loss) ca+b | - | 375 | - | - |
| Interest expenses, net (excluding financial services) | - | -37 | - | - |
| Restructuring expenses-Industrial Activities Segments | - | 17 | - | - |
| Foreign exchange gains, net (industrial activities) | - | -3 | - | - |
| Finance and non-service component of pension and other post employment benefit costs | - | 11 | - | - |
| Unallocated amounts | - | 350 | - | - |
| Discrete items excluded from segments | - | 303 | - | - |
| Income taxes | - | 308 | - | - |
| Net income | 10 | 89 | 67 | 217 |
| Depreciation and amortization expense excluding assets under operating leases | 116 | 114 | 110 | 106 |
| Depreciation and amortization expense of assets under operating leases | 50 | 50 | 49 | 50 |
| (gain) loss on disposal of assets | - | - | 3 | 0 |
| Undistributed loss of unconsolidated affiliates | 1 | -15 | 9 | -28 |
| Other non-cash items | -97 | -255 | -209 | -105 |
| Provisions | -120 | -124 | -59 | -4 |
| Deferred income taxes | 16 | 207 | -39 | 12 |
| Trade and financing receivables related to sales, net | -319 | 240 | -505 | -92 |
| Inventories, net | 566 | -841 | 41 | -141 |
| Trade payables | 198 | -37 | -153 | 115 |
| Other assets and liabilities | 52 | -186 | 55 | 66 |
| Net cash provided by operating activities | 35 | 945 | 659 | 772 |
| Additions to retail receivables | 1,511 | 1,949 | 1,904 | 1,967 |
| Collections of retail receivables | 1,823 | 1,933 | 1,765 | 2,075 |
| Proceeds from sale of assets, excluding assets under operating leases | - | - | 7 | 0 |
| Expenditures for property, plant and equipment and intangible assets, excluding assets under operating leases | 93 | 213 | 134 | 90 |
| Expenditures for assets under operating leases | 125 | 199 | 136 | 162 |
| Other, net | 40 | -143 | 64 | 198 |
| Net cash provided (used) by investing activities | 54 | -292 | -466 | -342 |
| Proceeds from long-term debt | 3,090 | 2,893 | 3,824 | 3,639 |
| Payments of long-term debt | 3,522 | 3,647 | 3,549 | 3,026 |
| Net decrease in other financial liabilities | -531 | 424 | -597 | -132 |
| Dividends paid | 1 | 11 | 1 | 320 |
| Purchase of treasury stock | -26 | -45 | -50 | 0 |
| Net cash used in financing activities | -990 | -386 | -373 | 161 |
| Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash | 11 | 6 | -11 | 158 |
| Net decrease in cash, cash equivalents and restricted cash | -890 | 273 | -191 | 749 |
| Cash, cash equivalents and restricted cash, beginning of period | 3,229 | 2,956 | 3,147 | 2,398 |
| Cash, cash equivalents and restricted cash, end of period | 2,339 | 3,229 | 2,956 | 3,147 |
CNH Industrial N.V. (CNH)
CNH Industrial N.V. (CNH)