FMCC Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	3,170	4,093	4,369	5,041	5,653	8,455
Long-Term Investments	2,912	3,316	3,899	4,890	6,534	4,012
Trading Asset Securities	66,155	72,403	42,814	30,969	26,684	39,473
Loans & Lease Receivables	3,302,306	3,290,066	3,172,329	3,083,665	3,022,318	2,828,331
Other Receivables	12,307	12,354	11,129	10,025	8,929	7,664
Restricted Cash	1,299	1,234	1,165	978	707	1,695
Other Current Assets	8,433	11,159	9,559	7,902	5,790	9,990
Long-Term Deferred Tax Assets	4,740	5,040	5,018	4,076	5,777	6,214
Other Long-Term Assets	27,967	25,000	20,732	25,341	26,449	28,771
Total Assets	3,505,318	3,497,598	3,386,692	3,280,976	3,208,333	3,025,586
Accrued Expenses	10,556	10,597	9,822	8,812	7,309	6,268
Short-Term Debt	25,391	38,499	15,629	6,849	8,470	282
Long-Term Debt	3,384,845	3,367,304	3,290,274	3,202,370	3,138,120	2,980,185
Other Long-Term Liabilities	10,604	10,814	11,392	15,223	17,416	10,818
Total Liabilities	3,431,396	3,427,214	3,327,117	3,233,254	3,171,315	2,997,553
Retained Earnings	-8,981	-12,539	-23,270	-35,128	-45,666	-54,993
Comprehensive Income & Other	31	51	-27	-22	-188	154
Total Common Equity	-12,835	-16,373	-27,182	-39,035	-49,739	-58,724
Shareholders' Equity	73,922	70,384	59,575	47,722	37,018	28,033
Total Liabilities & Equity	3,505,318	3,497,598	3,386,692	3,280,976	3,208,333	3,025,586
Total Debt	3,410,236	3,405,803	3,305,903	3,209,219	3,146,590	2,980,467
Net Cash (Debt)	-3,266,107	-3,257,388	-3,158,602	-3,078,061	-3,026,958	-2,861,336
Net Cash Per Share	-1009.93	-1007.23	-976.69	-951.78	-935.98	-884.77
Filing Date Shares Outstanding	3,221	3,221	3,221	3,221	3,221	3,221
Total Common Shares Outstanding	3,221	3,221	3,221	3,221	3,221	3,221
Working Capital	3,433,752	3,415,146	3,331,592	3,231,008	3,153,794	2,980,039
Book Value Per Share	-3.98	-5.08	-8.44	-12.12	-15.44	-18.23
Tangible Book Value	-12,835	-16,373	-27,182	-39,035	-49,739	-58,724
Tangible Book Value Per Share	-3.98	-5.08	-8.44	-12.12	-15.44	-18.23

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.