CNH Industrial N.V. financials
CNH Industrial N.V.
Country: NL Reporting currency: USD Latest annual report: 2022-12-31
LEI:
549300WGC2HZ5J67V817 Financial statements
(USD, as reported — unscaled; 110 line items across 2 annual periods)
| Line item | 2022 | 2021 |
|---|---|---|
| Income statement | ||
| Revenue | $23.47B | $19.47B |
| Cost of sales | $18.17B | $15.23B |
| Net finance income / (cost) | -$177.0M | -$151.0M |
| Profit before tax | $2.63B | $1.92B |
| Income tax expense | $758.0M | $236.0M |
| Profit for the year | $1.88B | $1.78B |
| — attributable to owners | $1.87B | $1.74B |
| — attributable to NCI | $10.0M | $37.0M |
| Total comprehensive income | $2.17B | $1.84B |
| Per share | ||
| Basic EPS | $1.38 | $1.28 |
| Diluted EPS | $1.37 | $1.28 |
| Free cash flow / share | $1.37 | $2.05 |
| Cash flow statement | ||
| Net cash from operating activities | $2.50B | $3.31B |
| Net cash from investing activities | -$5.25B | -$4.12B |
| Net cash from financing activities | $2.27B | -$1.55B |
| Dividends paid | $423.0M | $188.0M |
| Balance sheet | ||
| Total assets | $40.08B | $51.12B |
| Non-current assets | $9.22B | $9.34B |
| Intangible assets & goodwill | $5.17B | $5.16B |
| Inventories | $4.85B | $4.23B |
| Trade & other receivables | $168.0M | $192.0M |
| Cash & equivalents | $5.13B | $5.84B |
| Total equity | $7.56B | $8.43B |
| — attributable to owners | $7.56B | $8.39B |
| Non-controlling interests | $0 | $33.0M |
| Deferred tax liabilities | $155.0M | $212.0M |
| Derived metrics | ||
| Free cash flow | $1.87B | $2.79B |
| Net margin | 8.0% | 9.1% |
| Return on equity | 24.8% | 21.1% |
| Cash conversion ratio | 1.33× | 1.86× |
| Capex coverage | 3.94× | 6.36× |
| Other reported items | ||
| Adjusted Weighted Average Shares | 1362.0M | 1361.0M |
| Adjustments For Deferred Tax Expense | -$59.0M | -$281.0M |
| Adjustments For Provisions | $213.0M | $285.0M |
| Basic Earnings Loss Per Share From Continuing Operations | $1.38 | $1.24 |
| Basic Earnings Loss Per Share From Discontinued Operations | $0.00 | $0.05 |
| Borrowings | $23.65B | $21.69B |
| Cash and Cash Equivalents Classified As Part of Disposal Group Held For Sale | $0 | $1.02B |
| Cash Flows From Used In Decrease Increase In Shortterm Deposits and Investments | -$295.0M | $8.0M |
| Cash Flows From Used In Financing Activities Continuing Operations | $2.27B | -$1.45B |
| Cash Flows From Used In Financing Activities Discontinued Operations | $0 | -$104.0M |
| Cash Flows From Used In Investing Activities Continuing Operations | -$5.25B | -$4.00B |
| Cash Flows From Used In Investing Activities Discontinued Operations | $0 | -$121.0M |
| Cash Flows From Used In Operating Activities Continuing Operations | $2.50B | $2.67B |
| Cash Flows From Used In Operating Activities Discontinued Operations | $0 | $638.0M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | $34.0M | $2.18B |
| Comprehensive Income Attributable To Noncontrolling Interests | $9.0M | $44.0M |
| Comprehensive Income Attributable To Owners of Parent | $2.16B | $1.80B |
| Comprehensive Income From Continuing Operations Attributable To Owners of Parent | $2.16B | $2.02B |
| Comprehensive Income From Discontinued Operations Attributable To Owners of Parent | $0 | -$225.0M |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | $30.86B | $26.82B |
| Current Derivative Financial Assets | $189.0M | $184.0M |
| Current Prepayments and Other Current Assets | $113.0M | $118.0M |
| Current Tax Assets Current | $54.0M | $63.0M |
| Current Tax Liabilities | $418.0M | $325.0M |
| Deferred Tax Assets | $343.0M | $367.0M |
| Derivative Financial Liabilities | $204.0M | $182.0M |
| Diluted Earnings Loss Per Share From Continuing Operations | $1.37 | $1.23 |
| Diluted Earnings Loss Per Share From Discontinued Operations | $0.00 | $0.05 |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | $483.0M | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | $0.36 | — |
| Dividends Received Classified As Operating Activities | $35.0M | $61.0M |
| Dividends Recognised As Distributions To Owners Per Share | $0.28 | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -$233.0M | -$407.0M |
| Equity and Liabilities | $40.08B | $51.12B |
| Expense of Restructuring Activities | $34.0M | $36.0M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | $16.0M | $9.0M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | $11.0M | $23.0M |
| Increase Decrease In Cash and Cash Equivalents | -$716.0M | -$2.77B |
| Increase Decrease In Working Capital | $406.0M | -$199.0M |
| Increase Decrease Through Transfers and Other Changes Equity | $73.0M | $27.0M |
| Increase Decrease Through Treasury Share Transactions | -$153.0M | — |
| Investment Accounted For Using Equity Method | $345.0M | $298.0M |
| Liabilities | $32.52B | $42.70B |
| Liabilities Included In Disposal Groups Classified As Held For Sale | $0 | $125.0M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Distribution To Owners | $0 | $14.48B |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | $0 | $490.0M |
| Noncurrent Investments Other Than Investments Accounted For Using Equity Method | $63.0M | $57.0M |
| Noncurrent Recognised Assets Defined Benefit Plan | $12.0M | $19.0M |
| Other Adjustments For Noncash Items | $89.0M | $19.0M |
| Other Borrowings | $13.90B | $12.81B |
| Other Cash Payments To Acquire Equity Or Debt Instruments of Other Entities Classified As Investing Activities | $10.0M | $21.0M |
| Other Comprehensive Income | $290.0M | $66.0M |
| Other Comprehensive Income Before Tax Cash Flow Hedges | $83.0M | $24.0M |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | $132.0M | $271.0M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | $128.0M | $134.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | $173.0M | $45.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | $117.0M | $21.0M |
| Other Current Liabilities | $1.35B | $1.72B |
| Other Inflows Outflows of Cash Classified As Investing Activities | -$520.0M | -$459.0M |
| Other Operating Income Expense | -$9.0M | -$124.0M |
| Other Provisions | $2.35B | $2.11B |
| Payments To Acquire Or Redeem Entitys Shares | $153.0M | $0 |
| Proceeds From Disposals of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | $463.0M | $11.0M |
| Proceeds From Issue of Bonds Notes and Debentures | $1.26B | $1.02B |
| Profit Loss From Continuing Operations | $1.88B | $1.69B |
| Profit Loss From Continuing Operations Attributable To Noncontrolling Interests | $10.0M | $9.0M |
| Profit Loss From Continuing Operations Attributable To Ordinary Equity Holders of Parent Entity Including Dilutive Effects | $1.87B | $1.68B |
| Profit Loss From Discontinued Operations | $0 | $91.0M |
| Provisions | $3.05B | $3.05B |
| Provisions For Employee Benefits | $694.0M | $939.0M |
| Purchase of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | $635.0M | $521.0M |
| Repayments of Bonds Notes and Debentures | $710.0M | $1.70B |
| Research and Development Expense | $881.0M | $677.0M |
| Secured Bank Loans Received | $9.75B | $8.88B |
| Selling General and Administrative Expense | $1.68B | $1.43B |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Before Tax | -$26.0M | -$51.0M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | $108.0M | $92.0M |
| Trade and Other Payables To Trade Suppliers | $3.69B | $3.53B |
| Weighted Average Shares | 1351.0M | 1354.0M |
Methodology
Every line item above is a fact tagged in CNH Industrial N.V.'s annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (USD), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.