London, April 16, 2018
CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) has published the following presentation and podcast to the Investor Relations section of its corporate website (www.cnhindustrial.com): "Adoption of New Revenue Recognition Standard (ASC 606), New Retirement Benefits Accounting (ASU 2017-07), and Other Financial Presentation Changes".
In fiscal year 2018, CNH Industrial will adopt updated FASB accounting standards for revenue recognition (ASC 606) and retirement benefits accounting (ASU 2017-07) for U.S. GAAP reporting purposes.
These new standards will be adopted on a retrospective basis, and are not estimated to have a material impact on our consolidated revenues, net income, earnings per share and net industrial debt. As a result, starting with the first quarter of 2018, all current periods, and historical financial information will be presented on a recast basis, when the Company reports its quarterly earnings.
The presentation includes preliminary and unaudited recast financial statements for fiscal year 2016 and 2017, including 2017 by quarter, to provide full comparability for the historical periods, as well as the illustration of certain new non-GAAP financial measures that the Company intends to adopt starting from the first quarter of 2018.
Please visit: bit.ly/CNH_Industrial_Investor_Presentations for the full presentation and podcast.
CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions. More information can be found on the corporate website: www.cnhindustrial.com
Contacts:
Corporate Communications Investor Relations
Email: [email protected] Email: [email protected]
Attachment


Gates Foundation Denies Financial Ties to Jeffrey Epstein Following DOJ Email Release
Lockheed Martin Secures $101M in U.S. Defense Contracts for AEGIS, F-35, and Missile Systems
Anduril Eyes $60 Billion Valuation in New Funding Round to Expand Defense Manufacturing and Autonomous Fighter Jet Development
Instagram CEO Defends Platform in Youth Mental Health Lawsuit Over Social Media Addiction Claims
Novocure Stock Surges 30% After FDA Approves Optune Pax for Pancreatic Cancer Treatment
Vale Reports $3.8 Billion Q4 Net Loss Amid Nickel Asset Impairment and Samarco Provisions
Bank of America CEO Brian Moynihan’s 2025 Compensation Rises 17% to $41 Million Amid Strong Profit Growth
Russia Moves to Fully Block WhatsApp as Kremlin Pushes State-Backed MAX App
AbbVie Sues HHS Over Medicare Price Controls on Botox Under Inflation Reduction Act
U.S. Commerce Department Reaches $252 Million Settlement With Applied Materials Over China Exports
Grok AI Market Share Surges as xAI Faces Scrutiny Over Image Generation Controversy
More U.S. Investors Join Arbitration Against South Korea Over Coupang Dispute
Novartis’ Vanrafia Shows Strong Phase 3 Results in IgA Nephropathy, Paving Way for Full Approval
FTC Questions Apple News Over Alleged Bias Against Conservative Media
Paramount Skydance Appoints Rene Augustine as SVP of Global Public Policy Amid Warner Bros Takeover Battle
Spirit Airlines Seeks Court Approval to Auction 20 Airbus A320/A321 Aircraft Amid Bankruptcy
Valero Energy Expands Venezuelan Crude Imports as U.S. Sanctions Ease 



