v3.25.4
Fair value disclosures - Fair values of financial instruments (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Carrying Amount    
Assets    
Finance receivables-net (excluding finance leases) $ 17,922 $ 16,180
Wholesale inventory receivables-net (excluding finance leases) 1,931 1,568
Carrying Amount | Machinery, Power & Energy    
Liabilities    
Long-term debt (including amounts due within one year) 10,713 8,610
Carrying Amount | Financial Products    
Liabilities    
Long-term debt (including amounts due within one year) 27,103 25,406
Carrying amount of assets excluded from measurement at fair value    
Liabilities    
Excluded items: Finance leases and failed sale leasebacks, Carrying Value 7,189 6,769
Level 3 | Fair Value    
Assets    
Finance receivables-net (excluding finance leases) 17,648 15,788
Wholesale inventory receivables-net (excluding finance leases) 1,871 1,527
Level 2 | Fair Value | Machinery, Power & Energy    
Liabilities    
Long-term debt (including amounts due within one year) 10,363 7,980
Level 2 | Fair Value | Financial Products    
Liabilities    
Long-term debt (including amounts due within one year) $ 27,204 $ 25,304