CNH Industrial N.V. Files Amendment to Annual Report

Ticker: CNH · Form: 10-K/A · Filed: Mar 19, 2024 · CIK: 1567094

Cnh Industrial N.V. 10-K/A Filing Summary
FieldDetail
CompanyCnh Industrial N.V. (CNH)
Form Type10-K/A
Filed DateMar 19, 2024
Risk Levellow
Pages15
Reading Time18 min
Key Dollar Amounts$15 billion
Sentimentneutral

Sentiment: neutral

Topics: CNH Industrial, 10-K/A, SEC Filing, Annual Report, Amendment

TL;DR

<b>CNH Industrial N.V. has filed an amendment to its 2023 annual report, providing updated financial and operational details.</b>

AI Summary

CNH Industrial N.V. (CNH) filed a Amended Annual Report (10-K/A) with the SEC on March 19, 2024. CNH Industrial N.V. filed an amendment (10-K/A) to its annual report for the fiscal year ended December 31, 2023. The company is registered with the SEC under Central Index Key 0001567094. CNH Industrial N.V. is incorporated in the Netherlands and has its principal executive offices in Basildon, United Kingdom. Common Shares are traded on the New York Stock Exchange under the symbol CNHI. 3.850% Notes due 2027 are also traded on the New York Stock Exchange under the symbol CNHI27.

Why It Matters

For investors and stakeholders tracking CNH Industrial N.V., this filing contains several important signals. This amendment indicates that CNH Industrial is actively updating its filings, suggesting potential changes or clarifications in its financial reporting or business operations. The filing of a 10-K/A (amendment) implies that the original 10-K filing may have contained errors, omissions, or required updates that the company is now addressing.

Risk Assessment

Risk Level: low — CNH Industrial N.V. shows low risk based on this filing. The filing is an amendment to a previous report, suggesting it's a procedural update rather than a significant new development, thus posing low immediate risk.

Analyst Insight

Review the specific changes made in the 10-K/A filing to understand any material updates to CNH Industrial's financial position or business operations.

Key Numbers

Key Players & Entities

FAQ

When did CNH Industrial N.V. file this 10-K/A?

CNH Industrial N.V. filed this Amended Annual Report (10-K/A) with the SEC on March 19, 2024.

What is a 10-K/A filing?

A 10-K/A is a amendment to a previously filed annual report, correcting or updating financial statements or disclosures. This particular 10-K/A was filed by CNH Industrial N.V. (CNH).

Where can I read the original 10-K/A filing from CNH Industrial N.V.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by CNH Industrial N.V..

What are the key takeaways from CNH Industrial N.V.'s 10-K/A?

CNH Industrial N.V. filed this 10-K/A on March 19, 2024. Key takeaways: CNH Industrial N.V. filed an amendment (10-K/A) to its annual report for the fiscal year ended December 31, 2023.. The company is registered with the SEC under Central Index Key 0001567094.. CNH Industrial N.V. is incorporated in the Netherlands and has its principal executive offices in Basildon, United Kingdom..

Is CNH Industrial N.V. a risky investment based on this filing?

Based on this 10-K/A, CNH Industrial N.V. presents a relatively low-risk profile. The filing is an amendment to a previous report, suggesting it's a procedural update rather than a significant new development, thus posing low immediate risk.

What should investors do after reading CNH Industrial N.V.'s 10-K/A?

Review the specific changes made in the 10-K/A filing to understand any material updates to CNH Industrial's financial position or business operations. The overall sentiment from this filing is neutral.

How does CNH Industrial N.V. compare to its industry peers?

CNH Industrial N.V. operates in the capital goods sector, primarily focusing on agricultural and construction equipment.

Are there regulatory concerns for CNH Industrial N.V.?

The company is subject to SEC regulations for public companies, including requirements for annual and amended filings like the 10-K/A.

Industry Context

CNH Industrial N.V. operates in the capital goods sector, primarily focusing on agricultural and construction equipment.

Regulatory Implications

The company is subject to SEC regulations for public companies, including requirements for annual and amended filings like the 10-K/A.

What Investors Should Do

  1. Analyze the specific amendments made in the 10-K/A filing for any material changes.
  2. Compare the amended filing with the original 10-K to identify discrepancies or new disclosures.
  3. Monitor future filings for any further updates or clarifications from CNH Industrial N.V.

Key Dates

Year-Over-Year Comparison

This filing is an amendment (10-K/A) to the previously filed 10-K for the fiscal year ended December 31, 2023, indicating updates or corrections to the original submission.

Filing Stats: 4,592 words · 18 min read · ~15 pages · Grade level 12 · Accepted 2024-03-19 16:37:05

Key Financial Figures

Filing Documents

Executive Compensation

Executive Compensation 12 Item 12

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 46 Item 13 Certain Relationships and Related Transactions and Director Independence 48 Item 14 Principal Accountant Fees and Services 48 P ART IV Item 15 Exhibits and Financial Statement Schedules 50

Signatures

Signatures 51 4 PART III

Directors, Executive Officers, and Corporate Governance

Item 10. Directors, Executive Officers, and Corporate Governance Executive Officers Information regarding executive officers of the Company is set forth under "Information about our Executive Officers" at the end of Part I Item 1. Business of the Original Filing. Directors The names of our directors and executive officers and their ages, positions and biographies as of February 29, 2024 are as set forth below. Our executive officers are appointed by and serve at the discretion of our Board of Directors. Committee Memberships Name, Age Independence (for NYSE and Dutch Code purposes) Joined CNH Board Environmental, Social and Governance ("ESG") Human Capital and Compensation ("HCC") Audit Elizabeth Bastoni , 58 Independent 2023 Member Chairperson Howard W. Buffett , 40 Independent 2020 Member Member Suzanne Heywood , 54 2016 Richard J. Kramer , 61 Independent 2023 Member Karen Linehan , 65 Independent 2022 Chairperson Alessandro Nasi , 49 2019 Chairperson Member Vagn Srensen , 64 Independent 2020 Member sa Tamsons , 42 Independent 2021 Member Scott W. Wine , 56 CEO 2021 Elizabeth Bastoni, Director (Non-Executive Director—Independent), Member of the ESG Committee, Chairperson of the HCC Committee Elizabeth Bastoni is respected as a credible voice for decision making in the boardroom. She demonstrates sound business judgment, an ability to focus on critical matters in complex situations and is grounded in the financial information that levers the business. Ms. Bastoni has expertise in establishing governance boundaries enabling strategy development and execution and leading effective oversight. Ms. Bastoni currently serves as Independent Lead-Director and Chair of the Nomination and Compensation Committee for France-based Euroapi, which was spun-out from parent Sanofi in May of 2022. She also serves as a director and Audit Committee member for Portugal based Jernimo Martins. Elizabeth has also previously held a range of other board and commit

View Full Filing

View this 10-K/A filing on SEC EDGAR

View on Read The Filing