Caterpillar, Inc. (CAT) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
5205 N. O'CONNOR BOULEVARD IRVING, TX 75039 |
| State of Incorp. | TX |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3531 - Construction Machinery and Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 6,545 | 7,387 | 6,789 | 7,004 | 6,346 | 6,014 | |||
| Cash and cash equivalents | 6,545 | 7,387 | 6,789 | 7,004 | 6,346 | 6,014 | |||
| Receivables | 18,742 | 18,704 | 18,349 | 17,869 | 17,076 | 17,315 | |||
| Inventory, net of allowances, customer advances and progress billings | 17,580 | 17,746 | 17,633 | 16,270 | 16,860 | 15,881 | |||
| Inventory | 17,580 | 17,746 | 17,633 | 16,270 | 16,860 | 15,881 | |||
| Other undisclosed current assets | 5,138 | 3,163 | 2,889 | 2,642 | 2,295 | 2,772 | |||
| Total current assets: | 48,005 | 47,000 | 45,660 | 43,785 | 42,577 | 41,982 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 564 | ||||||||
| Property, plant and equipment | 12,287 | 12,124 | 11,973 | 12,028 | 11,643 | 11,744 | |||
| Long-term investments and receivables | 13,017 | 13,183 | 13,054 | 13,278 | 13,137 | 13,569 | |||
| Accounts and financing receivable, after allowance for credit loss | 13,017 | 13,183 | 13,054 | 13,278 | 13,137 | 13,569 | |||
| Intangible assets, net (including goodwill) | 5,872 | 5,923 | 6,003 | 6,046 | 6,898 | 7,084 | |||
| Goodwill | 5,268 | 5,293 | 5,309 | 5,288 | 6,092 | 6,195 | |||
| Intangible assets, net (excluding goodwill) | 604 | 630 | 694 | 758 | 806 | 889 | |||
| Other noncurrent assets | 4,891 | 4,590 | 4,554 | 4,593 | 4,434 | 4,607 | |||
| Other undisclosed noncurrent assets | 2,719 | 2,607 | 2,405 | 1,649 | 2,218 | 2,121 | |||
| Total noncurrent assets: | 38,786 | 38,427 | 37,989 | 38,158 | 38,330 | 39,125 | |||
| TOTAL ASSETS: | 86,791 | 85,427 | 83,649 | 81,943 | 80,907 | 81,107 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 12,496 | 12,936 | 13,072 | 12,769 | 14,477 | 14,279 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 633 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | 2,204 | 1,772 | ||
| Accounts payable | 7,827 | 8,443 | 8,951 | 8,689 | 8,260 | 8,092 | |||
| Accrued liabilities | 4,669 | 4,493 | 4,121 | 4,080 | 4,013 | 3,782 | |||
| Deferred revenue | 2,333 | 2,137 | 2,202 | 1,860 | 1,831 | 1,608 | |||
| Debt | 5,957 | ||||||||
| Other liabilities | 3,115 | 3,109 | 3,035 | 2,690 | 2,878 | 2,333 | |||
| Other undisclosed current liabilities | 15,180 | 17,132 | 13,533 | 8,255 | 11,016 | 10,743 | |||
| Total current liabilities: | 33,124 | 35,314 | 31,842 | 31,531 | 30,202 | 28,963 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 8,901 | 8,872 | 8,764 | 8,807 | 9,574 | 10,166 | |||
| Liability, pension and other postretirement and postemployment benefits | 4,060 | 4,084 | 4,069 | 4,203 | 5,038 | 5,160 | |||
| Other liabilities | 4,841 | 4,788 | 4,695 | 4,604 | 4,536 | 5,006 | |||
| Other undisclosed noncurrent liabilities | 24,259 | 22,985 | 24,873 | 25,714 | 25,509 | 26,219 | |||
| Total noncurrent liabilities: | 33,160 | 31,857 | 33,637 | 34,521 | 35,083 | 36,385 | |||
| Total liabilities: | 66,284 | 67,171 | 65,479 | 66,052 | 65,285 | 65,348 | |||
| Equity | |||||||||
| Equity, attributable to parent | 13,791 | 11,757 | 11,603 | 9,309 | 9,068 | 9,263 | |||
| Treasury stock, value | (33,865) | (33,391) | (32,108) | (31,748) | (30,883) | (29,501) | |||
| Accumulated other comprehensive loss | (2,232) | (1,946) | (1,746) | (2,457) | (3,353) | (2,499) | |||
| Retained earnings | 49,888 | 47,094 | 45,457 | 43,514 | 43,304 | 41,263 | |||
| Equity, attributable to noncontrolling interest | 18 | 21 | 21 | 22 | 31 | 32 | |||
| Other undisclosed equity | 6,698 | 6,478 | 6,546 | 6,560 | 6,523 | 6,464 | |||
| Total equity: | 20,507 | 18,256 | 18,170 | 15,891 | 15,622 | 15,759 | |||
| TOTAL LIABILITIES AND EQUITY: | 86,791 | 85,427 | 83,649 | 81,943 | 80,907 | 81,107 | |||
Income Statement (P&L) ($ in millions)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 16,810 | 17,318 | 15,862 | 16,597 | 14,994 | 14,247 | ||
| Cost of revenue | (10,583) | (11,065) | (10,103) | (11,614) | (10,202) | (9,975) | ||
| Gross profit: | 6,227 | 6,253 | 5,759 | 4,983 | 4,792 | 4,272 | ||
| Operating expenses | (2,178) | (2,056) | (1,935) | (2,805) | (1,877) | (1,905) | ||
| Other operating expense, net | (320) | (300) | (876) | (310) | (339) | (303) | ||
| Other undisclosed operating loss | (280) | (245) | (217) | (188) | (151) | (120) | ||
| Operating income: | 3,449 | 3,652 | 2,731 | 1,680 | 2,425 | 1,944 | ||
| Nonoperating income (Other Nonoperating income) | 195 | 127 | 32 | 536 | 242 | 260 | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (129) | (127) | (129) | (117) | (109) | (108) | ||
| Income from continuing operations before equity method investments, income taxes: | 3,515 | 3,652 | 2,634 | 2,099 | 2,558 | 2,096 | ||
| Income (loss) from equity method investments | 12 | 24 | 16 | (1) | 9 | 4 | ||
| Income from continuing operations before income taxes: | 3,527 | 3,676 | 2,650 | 2,098 | 2,567 | 2,100 | ||
| Income tax expense | (734) | (752) | (708) | (644) | (527) | (427) | ||
| Income from continuing operations: | 2,793 | 2,924 | 1,942 | 1,454 | 2,040 | 1,673 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | 2,040 | 1,673 | |
| Net income: | 2,793 | 2,924 | 1,942 | 1,454 | 2,040 | 1,673 | ||
| Net income (loss) attributable to noncontrolling interest | 1 | (2) | 1 | 1 | ||||
| Other undisclosed net income attributable to parent | ||||||||
| Net income available to common stockholders, diluted: | 2,794 | 2,922 | 1,943 | 1,454 | 2,041 | 1,673 | ||
Comprehensive Income ($ in millions)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 2,793 | 2,924 | 1,942 | 1,454 | 2,040 | 1,673 | ||
| Other comprehensive income (loss) | (286) | (200) | 711 | 896 | (854) | (789) | ||
| Comprehensive income: | 2,507 | 2,724 | 2,653 | 2,350 | 1,186 | 884 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 1 | (2) | 1 | 1 | ||||
| Other undisclosed comprehensive income, net of tax, attributable to parent | ||||||||
| Comprehensive income, net of tax, attributable to parent: | 2,508 | 2,722 | 2,654 | 2,350 | 1,187 | 884 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.