Caterpillar, Inc. (CAT) financial statements (2021 and earlier)
Company profile
| Business Address |
510 LAKE COOK ROAD DEERFIELD, IL 60015 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 3531 - Construction Machinery and Equipment (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments, including: | 9,352 | 8,284 | 7,857 | 8,261 | 7,168 | 6,460 | 7,341 | ||
| Other undisclosed cash, cash equivalents, and short-term investments | 9,352 | 8,284 | 7,857 | 8,261 | 7,168 | 6,460 | 7,341 | ||
| Receivables | 16,780 | 7,648 | 7,743 | 16,193 | 14,503 | 15,686 | 16,764 | ||
| Inventory, net of allowances, customer advances and progress billings | 11,402 | 11,266 | 11,529 | 10,018 | 8,614 | 9,700 | 12,205 | ||
| Inventory | 11,402 | 11,266 | 11,529 | 10,018 | 8,614 | 9,700 | 12,205 | ||
| Other undisclosed current assets | 1,930 | 11,995 | 11,474 | 1,772 | 1,682 | 2,572 | 2,557 | ||
| Total current assets: | 39,464 | 39,193 | 38,603 | 36,244 | 31,967 | 34,418 | 38,867 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 12,401 | 12,904 | 13,574 | 14,155 | 15,322 | 16,090 | 16,577 | ||
| Long-term investments and receivables | 13,407 | 13,844 | 14,447 | 14,775 | 14,834 | 15,067 | 16,265 | ||
| Long-term investments | 243 | 249 | 246 | 257 | |||||
| Accounts and financing receivable, after allowance for credit loss | 13,407 | 13,844 | 14,447 | 14,532 | 14,585 | 14,821 | 16,008 | ||
| Intangible assets, net (including goodwill) | 7,702 | 7,761 | 8,114 | 8,311 | 8,369 | 9,436 | 9,770 | ||
| Goodwill | 6,394 | 6,196 | 6,217 | 6,200 | 6,020 | 6,615 | 6,694 | ||
| Intangible assets, net (excluding goodwill) | 1,308 | 1,565 | 1,897 | 2,111 | 2,349 | 2,821 | 3,076 | ||
| Other noncurrent assets | 3,827 | 3,340 | 2,332 | 2,027 | 1,671 | 1,832 | 1,798 | ||
| Other undisclosed noncurrent assets | 1,523 | 1,411 | 1,439 | 1,450 | 2,541 | 1,654 | 1,404 | ||
| Total noncurrent assets: | 38,860 | 39,260 | 39,906 | 40,718 | 42,737 | 44,079 | 45,814 | ||
| TOTAL ASSETS: | 78,324 | 78,453 | 78,509 | 76,962 | 74,704 | 78,497 | 84,681 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 11,428 | 11,903 | 13,503 | 12,732 | 9,365 | 10,581 | 12,925 | ||
| Accounts payable | 6,128 | 5,957 | 7,051 | 6,487 | 4,614 | 5,023 | 6,515 | ||
| Accrued liabilities | 3,642 | 3,750 | 3,573 | 3,220 | 3,003 | 3,116 | 3,548 | ||
| Employee-related liabilities | 1,096 | 1,629 | 2,384 | 2,559 | 1,296 | 1,994 | 2,438 | ||
| Interest and dividends payable | 562 | 567 | 495 | 466 | 452 | 448 | 424 | ||
| Deferred revenue | 1,108 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 2,015 | 5,166 | 5,723 | 4,837 | 7,303 | 6,967 | 4,708 | ||
| Deferred tax liabilities | ✕ | ✕ | 59 | 62 | |||||
| Customer advances and deposits | ✕ | ✕ | ✕ | 1,193 | 1,167 | 1,146 | 1,697 | ||
| Other liabilities | 2,017 | 2,155 | 1,919 | 1,975 | 1,635 | 1,730 | 1,754 | ||
| Other undisclosed current liabilities | 9,149 | 7,397 | 7,073 | 6,194 | 6,662 | 5,820 | 6,731 | ||
| Total current liabilities: | 25,717 | 26,621 | 28,218 | 26,931 | 26,132 | 26,303 | 27,877 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 27,784 | ||||||||
| Long-term debt, excluding current maturities | 27,784 | ||||||||
| Liabilities, other than long-term debt | 11,230 | 10,922 | 11,211 | 12,418 | 12,541 | 12,062 | 12,608 | ||
| Deferred tax liabilities, net | ✕ | ✕ | 414 | ||||||
| Liability, pension and other postretirement and postemployment benefits | 6,872 | 6,599 | 7,455 | 8,365 | 9,357 | 8,843 | 8,963 | ||
| Other liabilities | 4,358 | 4,323 | 3,756 | 4,053 | 3,184 | 3,219 | 3,231 | ||
| Other undisclosed noncurrent liabilities | 25,999 | 26,281 | 25,000 | 23,847 | 22,818 | 25,247 | (414) | ||
| Total noncurrent liabilities: | 37,229 | 37,203 | 36,211 | 36,265 | 35,359 | 37,309 | 39,978 | ||
| Total liabilities: | 62,946 | 63,824 | 64,429 | 63,196 | 61,491 | 63,612 | 67,855 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 9,101 | 8,653 | 8,212 | 8,104 | 7,860 | 9,571 | 11,730 | ||
| Treasury stock, value | (25,178) | (24,217) | (20,531) | (17,005) | (17,478) | (17,640) | (15,726) | ||
| Accumulated other comprehensive loss | (888) | (1,567) | (1,684) | (1,192) | (2,039) | (6,997) | (6,431) | ||
| Retained earnings | 35,167 | 34,437 | 30,427 | 26,301 | 27,377 | 34,208 | 33,887 | ||
| Stockholders' equity attributable to noncontrolling interest | 47 | 41 | 41 | 69 | 76 | 76 | 80 | ||
| Other undisclosed stockholders' equity | 6,230 | 5,935 | 5,827 | 5,593 | 5,277 | 5,238 | 5,016 | ||
| Total stockholders' equity: | 15,378 | 14,629 | 14,080 | 13,766 | 13,213 | 14,885 | 16,826 | ||
| TOTAL LIABILITIES AND EQUITY: | 78,324 | 78,453 | 78,509 | 76,962 | 74,704 | 78,497 | 84,681 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 41,748 | 53,800 | 54,722 | 45,462 | 38,537 | 47,011 | 55,184 | |
| Revenue, net | ✕ | ✕ | ✕ | 42,676 | 35,773 | 44,147 | 52,142 | |
| Cost of revenue | (29,082) | (36,630) | (36,997) | (31,049) | (28,309) | (33,742) | (39,767) | |
| Cost of goods and services sold | (819) | (31,049) | (28,309) | (33,742) | (39,767) | |||
| Gross profit: | 12,666 | 17,170 | 17,725 | 14,413 | 10,228 | 13,269 | 15,417 | |
| Operating expenses | (6,057) | (45,510) | (46,429) | (41,056) | (38,039) | (43,755) | (49,856) | |
| Other operating income (expense), net | 1,467 | (1,633) | ||||||
| Other undisclosed operating income (loss) | (3,523) | 36,630 | 36,997 | 31,049 | 28,309 | 33,742 | 41,400 | |
| Operating income: | 4,553 | 8,290 | 8,293 | 4,406 | 498 | 3,256 | 5,328 | |
| Nonoperating income (expense) | (44) | (57) | (67) | 207 | 146 | 106 | 391 | |
| Investment income, nonoperating | 98 | |||||||
| Other nonoperating income (expense) | (44) | (57) | (67) | 207 | 146 | 106 | 239 | |
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (514) | (421) | (404) | (531) | (505) | (507) | (636) | |
| Income from continuing operations before equity method investments, income taxes: | 3,995 | 7,812 | 7,822 | 4,082 | 139 | 2,855 | 5,083 | |
| Income (loss) from equity method investments | 14 | 28 | 24 | 16 | (6) | 8 | ||
| Income from continuing operations before income taxes: | 4,009 | 7,840 | 7,846 | 4,098 | 133 | 2,855 | 5,091 | |
| Income tax expense | (1,006) | (1,746) | (1,698) | (3,339) | (192) | (742) | (1,380) | |
| Net income (loss): | 3,003 | 6,094 | 6,148 | 759 | (59) | 2,113 | 3,711 | |
| Net loss attributable to noncontrolling interest | (5) | (1) | (1) | (5) | (8) | (11) | (16) | |
| Net income (loss) available to common stockholders, diluted: | 2,998 | 6,093 | 6,147 | 754 | (67) | 2,102 | 3,695 | |
Comprehensive Income ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 3,003 | 6,094 | 6,148 | 759 | (59) | 2,113 | 3,711 | |
| Other comprehensive income (loss) | 679 | 9 | (481) | 847 | (4) | (578) | (2,533) | |
| Comprehensive income (loss): | 3,682 | 6,103 | 5,667 | 1,606 | (63) | 1,535 | 1,178 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (5) | (1) | (1) | (5) | (8) | 1 | (16) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 3,677 | 6,102 | 5,666 | 1,601 | (71) | 1,536 | 1,162 | |
Statements sources
The financial statements are based on the company's filings with the 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.