CATERPILLAR INC CAT Income Statement

Caterpillar inc (CAT)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08
Sales and revenues:
Revenues
10,635	13,144	12,758	14,432	13,466	14,342	13,510	14,011	12,859	12,896	11,413	11,331	9,822	9,574	9,160	10,342	9,461	11,030	10,962	12,317	12,702	14,244	13,549	14,150	13,241	14,402	13,423	14,621	13,210	16,075	16,445	17,374	15,981	17,243	15,716	14,230	12,949	12,807	11,134	10,409	8,238	7,898	7,298	7,975	9,225	12,981
Operating costs:
Cost of goods sold
7,266	9,117	8,569	9,941	9,003	9,987	9,022	9,422	8,566	8,965	7,678	7,816	6,801	7,276	6,527	7,419	6,822	8,240	7,872	8,674	8,760	11,450	9,634	10,197	9,437	8,246	9,774	10,773	9,639	11,899	11,639	12,280	11,237	12,763	11,455	10,303	9,057	9,349	7,752	7,372	5,894	5,852	5,255	5,752	7,027	9,704
Selling, general and administrative expenses
1,121	1,283	1,251	1,309	1,319	1,463	1,299	1,440	1,276	1,380	1,254	1,304	1,061	1,180	992	1,123	1,088	1,255	1,129	1,318	1,249	2,354	1,446	1,437	1,292	-8	1,319	1,421	1,390	1,591	1,471	1,517	1,340	1,487	1,360	1,257	1,099	1,109	1,148	1,059	932	942	907	914	882	1,061
Research and development expenses
356	386	431	441	435	466	479	462	443	498	461	458	425	424	453	468	508	572	513	510	524	823	533	516	508	-27	469	548	562	613	634	632	587	604	584	584	525	543	510	450	402	355	327	351	388	437
Interest expense of Financial Products
175	183	189	192	190	189	185	182	166	162	163	162	159	149	147	148	152	147	142	148	150	154	157	153	160	175	178	185	189	198	197	198	204	203	211	209	203	220	227	234	233	238	256	272	279	291
Other operating (income) expenses
-313	-325	-298	-336	-312	-354	-390	-338	-300	-504	-348	-407	-996	-548	-560	-399	-397	-991	-381	-334	-317	-414	-387	-372	-446	-322	-282	-137	-212	-156	92	-131	-290	-1,936	347	276	232	-2,087	310	317	269	383	276	339	824	315
Total operating costs
9,231	11,294	10,738	12,219	11,259	12,459	11,375	11,844	10,751	11,509	9,904	10,147	9,442	10,172	8,679	9,557	8,967	11,205	10,037	10,984	11,000	15,195	12,157	12,675	11,843	8,708	12,022	13,064	11,992	15,037	13,849	14,758	13,658	15,283	13,957	12,629	11,116	11,516	9,947	9,432	7,730	7,770	7,021	7,628	9,400	11,808
Operating profit
1,404	1,850	2,020	2,213	2,207	1,883	2,135	2,167	2,108	1,387	1,509	1,184	380	-598	481	785	494	-175	925	1,333	1,702	-951	1,392	1,475	1,398	5,694	1,401	1,557	1,218	1,038	2,596	2,616	2,323	1,960	1,759	1,601	1,833	1,291	1,187	977	508	128	277	347	-175	1,173
Interest Expense Excluding Financial Products
113	112	103	103	103	99	102	102	101	169	118	121	123	120	126	130	129	126	127	125	129	126	128	120	110	109	116	120	120	115	129	110	113	107	112	90	87	75	85	81	102	88	91	109	101	59
Other income (expense)
222	-373	88	68	160	-417	102	121	127	-107	132	96	32	-630	28	84	0	54	-15	-72	194	86	117	65	54	45	-24	-84	29	-11	-17	70	88	125	-13	-161	17	16	1	50	63	88	66	163	64	146
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest
1,513	1,365	2,005	2,178	2,264	1,367	2,135	2,186	2,134	1,111	1,523	1,159	289	-1,348	383	739	365	-247	783	1,136	1,767	-991	1,381	1,420	1,342	5,630	1,261	1,353	1,127	912	2,450	2,576	2,298	1,978	1,634	1,350	1,763	1,232	1,103	946	469	128	252	401	-212	1,260
Provision (benefit) for income taxes
425	276	518	565	387	321	415	490	472	2,418	470	361	90	-180	96	184	92	-158	218	335	521	-509	364	419	418	1,852	310	387	246	214	753	872	689	416	474	318	512	233	295	209	231	-91	-139	40	-80	395
Profit of consolidated companies
1,088	1,089	1,487	1,613	1,877	1,046	1,720	1,696	1,662	-1,307	1,053	798	199	-1,168	287	555	273	-89	565	801	1,246	-482	1,017	1,001	924	3,778	951	966	881	698	1,697	1,704	1,609	1,562	1,160	1,032	1,251	999	808	737	238	219	391	361	-132	865
Equity in profit (loss) of unconsolidated affiliated companies
5	8	7	6	7	3	7	9	5	8	8	5	-5	1	-4	-2	-1	-1	-3	2	2	2	4	1	1	-5	-1	-1	1	2	5	5	2	0	-6	-10	-8	-11	-7	-4	-2	-13	1	-1	1	11
Profit of consolidated and affiliated companies
1,093	1,097	1,494	1,619	1,884	1,049	1,727	1,705	1,667	-1,299	1,061	803	194	-1,167	283	553	272	-90	562	803	1,248	-480	1,021	1,002	925	3,773	950	965	882	700	1,702	1,709	1,611	1,562	1,154	1,022	1,243	988	801	733	236	206	392	360	-131	876
Less: Profit (loss) attributable to the noncontrolling interests
1	-1	0	-1	3	1	0	-2	2	0	2	1	2	4	0	3	1	4	3	1	3	6	4	3	3	3	4	5	2	3	3	10	25	15	13	7	18	20	9	26	3	-26	-12	-11	-19	8
Profit
1,092	1,098	1,494	1,620	1,881	1,048	1,727	1,707	1,665	-1,299	1,059	802	192	-1,171	283	550	271	-94	559	802	1,245	-486	1,017	999	922	3,770	946	960	880	697	1,699	1,699	1,586	1,547	1,141	1,015	1,225	968	792	707	233	232	404	371	-112	868
Profit per common share (in dollars per share)
2.00	2.02	2.69	2.85	3.29	1.83	2.92	2.86	2.78	-2.21	1.79	1.36	0.33	-1.99	0.48	0.94	0.46	-0.11	0.95	1.33	2.06	-0.76	1.66	1.60	1.47	5.86	1.48	1.48	1.34	1.07	2.60	2.60	2.44	2.40	1.76	1.57	1.91	1.54	1.25	1.12	0.37	0.38	0.65	0.61	-0.19	1.43
Profit per common share - diluted (in dollars per share)
1.98	2.00	2.66	2.83	3.25	1.82	2.88	2.82	2.74	-2.18	1.77	1.35	0.32	-1.98	0.48	0.93	0.46	-0.10	0.94	1.31	2.03	-0.74	1.63	1.57	1.44	5.74	1.45	1.45	1.31	1.03	2.54	2.54	2.37	2.33	1.71	1.52	1.84	1.48	1.22	1.09	0.36	0.38	0.64	0.60	-0.19	1.39
Weighted-average common shares outstanding (millions)
Basic (in shares)
546	549	556	567	572	579	592	596	598	596	592	590	587	585	584	584	582	580	588	603	604	604	611	626	626	635	639	649	656	653	653	652	650	646	646	645	641	637	632	629	626	624	622	611	602	607
Diluted (in shares)
551	556	561	573	578	586	599	604	608	608	600	595	593	571	589	588	587	587	594	610	612	615	622	638	639	648	651	662	671	669	668	669	670	666	666	667	664	659	651	647	643	646	635	619	602	624
Cash dividends declared per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.00	1.55	0.00	-	0.00	1.54	0.00	1.54	0.00	1.47	0.00	1.40	0.00	1.30	0.00	1.20	0.00	1.12	0.00	1.04	0.00	0.98	0.00	-	0.00	0.90	-	-	-	0.86	-	0.84	0.00	0.84	0.00	0.00
Machinery, Energy & Transportation
Revenues
9,914	12,386	11,974	13,671	12,724	13,630	12,763	13,279	12,150	12,194	10,713	10,639	9,130	8,885	8,463	9,645	8,780	10,318	10,285	11,583	11,961	13,500	12,758	13,391	12,493	13,646	12,678	13,886	12,484	15,357	15,739	16,684	15,288	16,557	15,023	13,535	12,277	12,141	10,452	9,723	7,551	7,193	6,583	7,254	8,510	12,148
Financial Products
Revenues
721	758	784	761	742	712	747	732	709	702	700	692	692	689	697	697	681	712	677	734	741	744	791	759	748	756	745	735	726	718	706	690	693	686	693	695	672	666	682	686	687	705	715	721	715	833