Financial Statement Analysis

Ticker: CAT US Equity Periodicity: Annuals Currency: USD Note: Years shown on the report are Fiscal Years Company: Caterpillar Inc
Filing: Most Recent

By Measure
  %   Restated:2018 A   %   Original:2019 A   %   Original:2020 A   %   Original:2021 A   %   Original:2022 A  
For the period ending 2018-12-31 2018-12-31 2019-12-31 2019-12-31 2020-12-31 2020-12-31 2021-12-31 2021-12-31 2022-12-31 2022-12-31
Revenue 100.00 54,722.00 100.00 53,800.00 100.00 41,748.00 100.00 50,971.00 100.00 59,427.00
  Machinery, Energy & 94.70 51,822.00 94.34 50,755.00 93.47 39,022.00 94.54 48,188.00 95.20 56,574.00
Transportation
    Construction 42.24 23,116.00 41.93 22,556.00 40.42 16,876.00 43.15 21,994.00 42.28 25,127.00
Industries
    Energy & 34.41 18,832.00 34.36 18,485.00 35.13 14,664.00 32.70 16,670.00 32.54 19,337.00
Transportation
    Resource Industries 18.07 9,888.00 18.24 9,813.00 17.84 7,446.00 18.64 9,502.00 20.21 12,013.00
    All Other 0.28 154.00 0.24 127.00 0.27 113.00 0.28 145.00 0.24 145.00
    Corporate   -168.00   -226.00   -77.00   -123.00   -48.00
  Financial Products 5.30 2,900.00 5.66 3,045.00 6.53 2,726.00 5.46 2,783.00 4.80 2,853.00
    Financial Products 5.99 3,279.00 6.38 3,434.00 7.29 3,044.00 6.03 3,073.00 5.47 3,253.00
    Corporate   -379.00   -389.00   -318.00   -290.00   -400.00
Intersegment Revenue 100.00 4,784.00 100.00 4,541.00 100.00 3,662.00 100.00 4,556.00 100.00 5,163.00
  Machinery, Energy & 100.00 4,784.00 100.00 4,541.00 100.00 3,662.00 100.00 4,556.00 100.00 5,163.00
Transportation
    Energy & 82.63 3,953.00 79.54 3,612.00 76.62 2,806.00 79.39 3,617.00 85.51 4,415.00
Transportation
    All Other 6.86 328.00 8.21 373.00 9.67 354.00 8.03 366.00 5.91 305.00
    Resource Industries 7.98 382.00 10.20 463.00 12.56 460.00 10.12 461.00 5.83 301.00
    Construction 2.53 121.00 2.05 93.00 1.15 42.00 2.46 112.00 2.75 142.00
Industries
  Financial Products   0.00   0.00   0.00   0.00   0.00
    Corporate   0.00   0.00   0.00   0.00   0.00
    Financial Products   0.00   0.00   0.00   0.00   0.00
Revenue Including 100.00 59,506.00 100.00 58,341.00 100.00 45,410.00 100.00 55,527.00 100.00 64,590.00
Intersegment Revenue
  Machinery, Energy & 95.13 56,606.00 94.78 55,296.00 94.00 42,684.00 94.99 52,744.00 95.58 61,737.00
Transportation
    Construction 39.05 23,237.00 38.82 22,649.00 37.26 16,918.00 39.81 22,106.00 39.12 25,269.00
Industries
    Energy & 38.29 22,785.00 37.88 22,097.00 38.47 17,470.00 36.54 20,287.00 36.77 23,752.00
Transportation
    Resource Industries 17.26 10,270.00 17.61 10,276.00 17.41 7,906.00 17.94 9,963.00 19.06 12,314.00
    All Other 0.81 482.00 0.86 500.00 1.03 467.00 0.92 511.00 0.70 450.00
    Corporate   -168.00   -226.00   -77.00   -123.00   -48.00
  Financial Products 4.87 2,900.00 5.22 3,045.00 6.00 2,726.00 5.01 2,783.00 4.42 2,853.00
    Financial Products 5.51 3,279.00 5.89 3,434.00 6.70 3,044.00 5.53 3,073.00 5.04 3,253.00
    Corporate   -379.00   -389.00   -318.00   -290.00   -400.00
Operating Income 100.00 8,293.00 100.00 8,290.00 100.00 4,553.00 100.00 6,878.00 100.00 7,904.00
  Machinery, Energy & 93.98 8,155.00 91.39 7,970.00 88.95 4,321.00 88.63 6,363.00 89.31 7,433.00
Transportation
    Construction 48.10 4,174.00 45.08 3,931.00 48.85 2,373.00 51.62 3,706.00 56.99 4,743.00
Industries
    Energy & 45.38 3,938.00 44.83 3,910.00 49.51 2,405.00 38.56 2,768.00 39.76 3,309.00
Transportation
    Resource Industries 18.47 1,603.00 18.68 1,629.00 18.44 896.00 17.98 1,291.00 21.95 1,827.00
    All Other 0.27 23.00 0.05 4.00 0.58 28.00 -0.20 -14.00 -0.13 -11.00
    Corporate   -1,583.00   -1,504.00   -1,381.00   -1,388.00   -2,435.00
  Financial Products 6.02 522.00 8.61 751.00 11.05 537.00 11.37 816.00 10.69 890.00
    Financial Products 5.82 505.00 9.54 832.00 12.14 590.00 12.65 908.00 10.38 864.00
    Corporate   17.00   -81.00   -53.00   -92.00   26.00
  Reconciliation   -384.00   -431.00   -305.00   -301.00   -419.00

This report may not be modified or altered in any way. The BLOOMBERG PROFESSIONAL service and BLOOMBERG Data are owned and distributed locally by Bloomberg Finance LP (“BFLP”) and its subsidiaries in all jurisdictions other than Argentina, Bermuda, China, India, Japan and Korea (the (“BFLP
Countries”). BFLP is a wholly-owned subsidiary of Bloomberg LP (“BLP”). BLP provides BFLP with all the global marketing and operational support and service for the Services and distributes the Services either directly or through a non-BFLP subsidiary in the BLP Countries. BFLP, BLP and their affiliates
do not provide investment advice, and nothing herein shall constitute an offer of financial instruments by BFLP, BLP or their affiliates.

Bloomberg ®              04/01/2023 21:31:21 1     

 Financial Statement Analysis
Ticker: CAT US Equity Periodicity: Annuals Currency: USD Note: Years shown on the report are Fiscal Years Company: Caterpillar Inc
Filing: Most Recent
  %   Restated:2018 A   %   Original:2019 A   %   Original:2020 A   %   Original:2021 A   %   Original:2022 A  
For the period ending 2018-12-31 2018-12-31 2019-12-31 2019-12-31 2020-12-31 2020-12-31 2021-12-31 2021-12-31 2022-12-31 2022-12-31
Interest Expense 100.00 756.00 100.00 786.00 100.00 591.00 100.00 455.00 100.00 565.00
  Financial Products 100.00 756.00 100.00 786.00 100.00 591.00 100.00 455.00 100.00 565.00
  Machinery, Energy &   0.00   0.00   0.00   0.00   0.00
Transportation
Operating Income                    
Growth %
  Machinery, Energy &   99.00   -2.00   -46.00   47.00   17.00
Transportation
    Resource Industries   130.00   2.00   -45.00   44.00   49.00
    Construction   28.00   -6.00   -40.00   56.00   27.00
Industries
    All Other   152.00   -83.00   600.00   0.00   21.00
    Energy &   38.00   -1.00   -38.00   15.00   18.00
Transportation
  Financial Products   -23.00   44.00   -28.00   52.00   5.00
    Financial Products   -36.00   65.00   -29.00   54.00   9.00
Segment Profit 100.00 8,677.00 100.00 8,721.00 100.00 4,858.00 100.00 7,193.00 100.00 8,323.00
  Machinery, Energy & 93.98 8,155.00 91.39 7,970.00 88.95 4,321.00 88.66 6,377.00 89.31 7,433.00
Transportation
    Construction 48.10 4,174.00 45.08 3,931.00 48.85 2,373.00 51.52 3,706.00 56.99 4,743.00
Industries
    Energy & 45.38 3,938.00 44.83 3,910.00 49.51 2,405.00 38.48 2,768.00 39.76 3,309.00
Transportation
    Resource Industries 18.47 1,603.00 18.68 1,629.00 18.44 896.00 17.95 1,291.00 21.95 1,827.00
    All Other 0.27 23.00 0.05 4.00 0.58 28.00 -0.19 -14.00 -0.13 -11.00
    Corporate   -1,583.00   -1,504.00   -1,381.00   -1,374.00   -2,435.00
  Financial Products 6.02 522.00 8.61 751.00 11.05 537.00 11.34 816.00 10.69 890.00
    Financial Products 5.82 505.00 9.54 832.00 12.14 590.00 12.62 908.00 10.38 864.00
    Corporate   17.00   -81.00   -53.00   -92.00   26.00
Income Taxes 100.00 1,698.00 100.00 1,746.00 100.00 1,006.00 100.00 1,742.00 100.00 2,067.00
  Machinery, Energy & 92.70 1,574.00 86.60 1,512.00 84.79 853.00 87.08 1,517.00 89.89 1,858.00
Transportation
  Financial Products 7.30 124.00 13.40 234.00 15.21 153.00 12.92 225.00 10.11 209.00
Revenue Growth %                    
  Machinery, Energy &   12.00   -2.00   -23.12   22.00   17.00
Transportation
    Resource Industries   21.00   0.00   -24.12   28.00   26.00
    Energy &   11.00   -3.00   -20.67   14.00   17.00
Transportation
    Construction   8.00   -3.00   -25.18   30.00   14.00
Industries
    All Other   -17.00   4.00   -11.02   28.00   -12.00
  Financial Products   1.00   5.00   -10.48   1.00   3.00
    Financial Products   4.00   5.00   -11.36   1.00   6.00
Organic Growth                    
  Total Company   19.56   -0.56   -21.35        
    Machinery , Energy   20.84   -0.59   -22.64        
& Transportation
      Construction   19.67   -0.91   -24.62        
Industries
      All Other   -4.74   -4.98   -11.02        
      Corporate   1.47   1.15   -65.48        
      Resource   30.51   0.45   -23.29        
Industries

This report may not be modified or altered in any way. The BLOOMBERG PROFESSIONAL service and BLOOMBERG Data are owned and distributed locally by Bloomberg Finance LP (“BFLP”) and its subsidiaries in all jurisdictions other than Argentina, Bermuda, China, India, Japan and Korea (the (“BFLP
Countries”). BFLP is a wholly-owned subsidiary of Bloomberg LP (“BLP”). BLP provides BFLP with all the global marketing and operational support and service for the Services and distributes the Services either directly or through a non-BFLP subsidiary in the BLP Countries. BFLP, BLP and their affiliates
do not provide investment advice, and nothing herein shall constitute an offer of financial instruments by BFLP, BLP or their affiliates.

Bloomberg ®              04/01/2023 21:31:21 2     

 Financial Statement Analysis
Ticker: CAT US Equity Periodicity: Annuals Currency: USD Note: Years shown on the report are Fiscal Years Company: Caterpillar Inc
Filing: Most Recent
  %   Restated:2018 A   %   Original:2019 A   %   Original:2020 A   %   Original:2021 A   %   Original:2022 A  
For the period ending 2018-12-31 2018-12-31 2019-12-31 2019-12-31 2020-12-31 2020-12-31 2021-12-31 2021-12-31 2022-12-31 2022-12-31
      Energy &   14.45   -0.27   -20.47        
Transportation
Foreign Currency                    
Growth
  Total Company   0.59   -1.39   -0.46        
    Machinery , Energy   0.60   -1.47   -0.48        
& Transportation
      Construction   1.03   -1.50   -0.56        
Industries
      All Other   0.53   -0.62   0.00        
      Corporate   0.02   0.02   -0.44        
      Resource   -0.18   -1.18   -0.84        
Industries
      Energy &   0.35   -1.26   -0.20        
Transportation
    Financial Products   0.00   0.00   0.00        
      Corporate   0.00   0.00   0.00        
      Financial Products   0.00   0.00   0.00        
Net PP&E Excluding 100.00 13,574.00 100.00 12,904.00 100.00 12,401.00 100.00 12,090.00 100.00 12,028.00
Right of Use Assets
  Machinery, Energy & 66.93 9,085.00 66.69 8,606.00 67.00 8,309.00 67.59 8,172.00 68.06 8,186.00
Transportation
  Financial Products 33.07 4,489.00 33.31 4,298.00 33.00 4,092.00 32.41 3,918.00 31.94 3,842.00
Goodwill 100.00 6,217.00 100.00 6,196.00 100.00 6,394.00 100.00 6,324.00 100.00 5,288.00
  Machinery, Energy & 100.00 6,217.00 100.00 6,196.00 100.00 6,394.00 100.00 6,324.00 100.00 5,288.00
Transportation
    Resource Industries 48.21 2,997.00 48.11 2,981.00 48.14 3,078.00 47.55 3,007.00 55.88 2,955.00
    Energy & 46.36 2,882.00 46.40 2,875.00 46.28 2,959.00 47.20 2,985.00 38.24 2,022.00
Transportation
    Construction 4.54 282.00 4.58 284.00 4.66 298.00 4.43 280.00 5.01 265.00
Industries
    All Other 0.90 56.00 0.90 56.00 0.92 59.00 0.82 52.00 0.87 46.00
Assets 100.00 78,509.00 100.00 78,453.00 100.00 78,324.00 100.00 82,793.00 100.00 81,943.00
  Financial Products 64.60 36,002.00 64.11 35,813.00 64.49 34,278.00 63.82 34,860.00 62.69 34,269.00
    Financial Products 64.60 36,002.00 64.11 35,813.00 64.49 34,278.00 63.82 34,860.00 62.69 34,269.00
  Reconciliation   22,777.00   22,595.00   25,170.00   28,171.00   27,276.00
  Machinery, Energy & 35.40 19,730.00 35.89 20,045.00 35.51 18,876.00 36.18 19,762.00 37.31 20,398.00
Transportation
    Energy & 15.05 8,386.00 15.42 8,612.00 16.15 8,582.00 16.94 9,253.00 17.30 9,455.00
Transportation
    Resource Industries 11.56 6,442.00 11.12 6,214.00 11.35 6,035.00 10.92 5,962.00 10.56 5,775.00
    Construction 8.80 4,902.00 9.34 5,219.00 8.01 4,259.00 8.32 4,547.00 9.45 5,168.00
Industries
Sales Change -                    
Volume %
  Machinery, Energy &   19.43   -1.96   -21.80   15.69    
Transportation
    Resource Industries   26.49   -2.53   -22.44   18.40    
    Construction   19.04   -2.41   -22.92   18.38    
Industries
    Energy &   13.61   -0.51   -20.69   8.30    
Transportation
    All Other   -4.56   -4.98   -11.02   5.87    
    Corporate   1.49   1.15   -64.60   -0.98    
  Financial Products   0.00   0.00   0.00   0.00    
This report may not be modified or altered in any way. The BLOOMBERG PROFESSIONAL service and BLOOMBERG Data are owned and distributed locally by Bloomberg Finance LP (“BFLP”) and its subsidiaries in all jurisdictions other than Argentina, Bermuda, China, India, Japan and Korea (the (“BFLP
Countries”). BFLP is a wholly-owned subsidiary of Bloomberg LP (“BLP”). BLP provides BFLP with all the global marketing and operational support and service for the Services and distributes the Services either directly or through a non-BFLP subsidiary in the BLP Countries. BFLP, BLP and their affiliates
do not provide investment advice, and nothing herein shall constitute an offer of financial instruments by BFLP, BLP or their affiliates.

Bloomberg ®              04/01/2023 21:31:21 3     

 Financial Statement Analysis
Ticker: CAT US Equity Periodicity: Annuals Currency: USD Note: Years shown on the report are Fiscal Years Company: Caterpillar Inc
Filing: Most Recent
  %   Restated:2018 A   %   Original:2019 A   %   Original:2020 A   %   Original:2021 A   %   Original:2022 A  
For the period ending 2018-12-31 2018-12-31 2019-12-31 2019-12-31 2020-12-31 2020-12-31 2021-12-31 2021-12-31 2022-12-31 2022-12-31
    Corporate   0.00   0.00   0.00   0.00    
    Financial Products   0.00   0.00   0.00   0.00    
Sales Change - Prices                    
%
  Machinery, Energy &   1.41   1.37   -0.84   1.93    
Transportation
    Construction   0.63   1.50   -1.70   3.31    
Industries
    Resource Industries   4.02   2.98   -0.85   1.00    
    Energy &   0.84   0.24   0.22   0.48    
Transportation
    Corporate   -0.02   0.00   -0.88   0.00    
    All Other   -0.18   0.00   0.00   -0.20    
  Financial Products   0.00   0.00   0.00   0.00    
    Corporate   0.00   0.00   0.00   0.00    
    Financial Products   0.00   0.00   0.00   0.00    
Sales Change -                    
Currencies %
  Machinery, Energy &   0.60   -1.47   -0.48   1.39    
Transportation
    Construction   1.03   -1.50   -0.56   1.46    
Industries
    Resource Industries   -0.18   -1.18   -0.84   1.23    
    Energy &   0.35   -1.26   -0.20   1.09    
Transportation
    All Other   0.53   -0.62   0.00   0.59    
    Corporate   0.02   0.02   -0.44   0.00    
  Financial Products   0.00   0.00   0.00   0.00    
    Corporate   0.00   0.00   0.00   0.00    
    Financial Products   0.00   0.00   0.00   0.00    
Sales Change - Other                    
%
  Financial Products   4.09   5.00   -10.48   57.00    
    Financial Products   6.01   4.73   -11.36   0.94    
    Corporate   23.45   2.64   -18.25   -9.66    
  Machinery, Energy &   0.00   0.00   0.00   0.00    
Transportation
    Energy &   2.76   -1.50   -4.36   4.00    
Transportation
    All Other   -11.23   9.34   -14.96   2.35    
    Construction   0.07   -0.12   -0.23   0.32    
Industries
    Resource Industries   0.32   0.79   -0.03   0.01    
    Corporate   11.65   -4.91   -388.94   -19.11    
Sales Change - 100.00 8,291.00   -1,017.00   -11,053.00 100.00 7,563.00 100.00 4,660.00
Volume
  Machinery, Energy & 100.00 8,291.00 100.00 -1,017.00 100.00 -11,053.00 100.00 7,563.00 100.00 4,660.00
Transportation
    Energy & 31.81 2,637.00 11.41 -116.00 34.62 -3,827.00 22.25 1,683.00 42.32 1,972.00
Transportation
    Resource Industries 25.11 2,082.00 25.57 -260.00 19.94 -2,204.00 24.24 1,833.00 29.44 1,372.00
    Construction 44.18 3,663.00 55.06 -560.00 46.63 -5,154.00 53.72 4,063.00 26.42 1,231.00
Industries
    Corporate   -65.00   -57.00   146.00   -46.00   82.00
    All Other -0.31 -26.00 2.36 -24.00 0.13 -14.00 0.40 30.00 0.06 3.00
This report may not be modified or altered in any way. The BLOOMBERG PROFESSIONAL service and BLOOMBERG Data are owned and distributed locally by Bloomberg Finance LP (“BFLP”) and its subsidiaries in all jurisdictions other than Argentina, Bermuda, China, India, Japan and Korea (the (“BFLP
Countries”). BFLP is a wholly-owned subsidiary of Bloomberg LP (“BLP”). BLP provides BFLP with all the global marketing and operational support and service for the Services and distributes the Services either directly or through a non-BFLP subsidiary in the BLP Countries. BFLP, BLP and their affiliates
do not provide investment advice, and nothing herein shall constitute an offer of financial instruments by BFLP, BLP or their affiliates.

Bloomberg ®              04/01/2023 21:31:21 4     

 Financial Statement Analysis
Ticker: CAT US Equity Periodicity: Annuals Currency: USD Note: Years shown on the report are Fiscal Years Company: Caterpillar Inc
Filing: Most Recent
  %   Restated:2018 A   %   Original:2019 A   %   Original:2020 A   %   Original:2021 A   %   Original:2022 A  
For the period ending 2018-12-31 2018-12-31 2019-12-31 2019-12-31 2020-12-31 2020-12-31 2021-12-31 2021-12-31 2022-12-31 2022-12-31
  Financial Products   0.00   0.00   0.00   0.00   0.00
    Corporate   0.00   0.00   0.00   0.00   0.00
    Financial Products   0.00   0.00   0.00   0.00   0.00
Sales Change - Prices 100.00 601.00 100.00 710.00   -435.00 100.00 932.00 100.00 5,179.00
  Machinery, Energy & 100.00 601.00 100.00 710.00 100.00 -435.00 100.00 932.00 100.00 5,179.00
Transportation
    Construction 20.30 122.00 49.15 349.00 91.72 -399.00 78.54 732.00 50.84 2,633.00
Industries
    Resource Industries 52.58 316.00 43.10 306.00 18.62 -81.00 10.73 100.00 25.74 1,333.00
    Energy & 27.12 163.00 7.75 55.00 -9.89 43.00 10.84 101.00 23.48 1,216.00
Transportation
    All Other -0.17 -1.00   0.00   0.00 -0.11 -1.00 0.08 4.00
    Corporate   1.00   0.00   2.00   0.00   -7.00
  Financial Products   0.00   0.00   0.00   0.00   0.00
    Corporate   0.00   0.00   0.00   0.00   0.00
    Financial Products   0.00   0.00   0.00   0.00   0.00
Sales Change - 100.00 254.00   -760.00   -245.00 100.00 671.00   -1,453.00
Currencies
  Financial Products   0.00   0.00   0.00   0.00   0.00
    Corporate   0.00   0.00   0.00   0.00   0.00
    Financial Products   0.00   0.00   0.00   0.00   0.00
  Machinery, Energy & 100.00 254.00 100.00 -760.00 100.00 -245.00 100.00 671.00 100.00 -1,453.00
Transportation
    Corporate   -1.00   -1.00   1.00   0.00   0.00
    All Other 1.18 3.00 0.39 -3.00   0.00 0.45 3.00 0.48 -7.00
    Resource Industries -5.51 -14.00 15.92 -121.00 33.47 -82.00 18.33 123.00 13.35 -194.00
    Energy & 26.77 68.00 37.63 -286.00 15.10 -37.00 33.08 222.00 35.86 -521.00
Transportation
    Construction 77.95 198.00 45.92 -349.00 51.84 -127.00 48.14 323.00 50.31 -731.00
Industries
Sales Change - Other 100.00 114.00 100.00 145.00   -319.00 100.00 57.00 100.00 70.00
  Financial Products 100.00 114.00 100.00 145.00 100.00 -319.00 100.00 57.00 100.00 70.00
    Financial Products 163.16 186.00 106.90 155.00 122.26 -390.00 50.88 29.00 257.14 180.00
    Corporate   -72.00   -10.00   71.00   28.00   -110.00
  Machinery, Energy &   0.00   0.00   0.00   0.00   0.00
Transportation
    Energy & 469.30 535.00 -235.17 -341.00 252.66 -806.00 1,422.81 811.00 1,140.00 798.00
Transportation
    Construction 12.28 14.00 -19.31 -28.00 15.99 -51.00 122.81 70.00 42.86 30.00
Industries
    Resource Industries 21.93 25.00 55.86 81.00 0.94 -3.00 1.75 1.00 -10.00 -7.00
    All Other -56.14 -64.00 31.03 45.00 5.96 -19.00 21.05 12.00 -87.14 -61.00
    Corporate   -510.00   243.00   879.00   -894.00   -760.00
Operating Income 100.00 3,895.00 100.00 44.00   -3,863.00 100.00 2,321.00 100.00 1,144.00
Change Amount
  Machinery, Energy & 103.95 4,049.00 -420.45 -185.00 94.46 -3,649.00 87.98 2,042.00 93.53 1,070.00
Transportation
    Construction 23.59 919.00 -552.27 -243.00 40.33 -1,558.00 57.43 1,333.00 88.37 1,011.00
Industries
    Resource Industries 23.23 905.00 59.09 26.00 18.97 -733.00 17.02 395.00 52.27 598.00
    Energy & 27.78 1,082.00 -63.64 -28.00 38.96 -1,505.00 15.64 363.00 44.14 505.00
Transportation
    All Other 1.72 67.00 -43.18 -19.00 -0.62 24.00 -1.81 -42.00 0.26 3.00
    Corporate   1,076.00   79.00   123.00   -7.00   -1,047.00
  Financial Products -3.95 -154.00 520.45 229.00 5.54 -214.00 12.02 279.00 6.47 74.00
This report may not be modified or altered in any way. The BLOOMBERG PROFESSIONAL service and BLOOMBERG Data are owned and distributed locally by Bloomberg Finance LP (“BFLP”) and its subsidiaries in all jurisdictions other than Argentina, Bermuda, China, India, Japan and Korea (the (“BFLP
Countries”). BFLP is a wholly-owned subsidiary of Bloomberg LP (“BLP”). BLP provides BFLP with all the global marketing and operational support and service for the Services and distributes the Services either directly or through a non-BFLP subsidiary in the BLP Countries. BFLP, BLP and their affiliates
do not provide investment advice, and nothing herein shall constitute an offer of financial instruments by BFLP, BLP or their affiliates.

Bloomberg ®              04/01/2023 21:31:21 5     

 Financial Statement Analysis
Ticker: CAT US Equity Periodicity: Annuals Currency: USD Note: Years shown on the report are Fiscal Years Company: Caterpillar Inc
Filing: Most Recent
  %   Restated:2018 A   %   Original:2019 A   %   Original:2020 A   %   Original:2021 A   %   Original:2022 A  
For the period ending 2018-12-31 2018-12-31 2019-12-31 2019-12-31 2020-12-31 2020-12-31 2021-12-31 2021-12-31 2022-12-31 2022-12-31
    Corporate   133.00   -98.00   28.00   -39.00   118.00
    Financial Products -7.37 -287.00 743.18 327.00 6.26 -242.00 13.70 318.00 -3.85 -44.00
Current Portion of Long 100.00 5,830.00 100.00 6,210.00 100.00 9,149.00 100.00 6,352.00 100.00 5,322.00
Term Debt
  Financial Products 99.83 5,820.00 99.74 6,194.00 84.48 7,729.00 99.29 6,307.00 97.75 5,202.00
  Machinery, Energy & 0.17 10.00 0.26 16.00 15.52 1,420.00 0.71 45.00 2.25 120.00
Transportation
Other Current 100.00 4,447.00 100.00 5,111.00 100.00 5,076.00 100.00 2,415.00 100.00 2,850.00
Liabilities
  Machinery, Energy & 69.96 3,111.00 72.02 3,681.00 72.71 3,691.00 73.42 1,773.00 77.72 2,215.00
Transportation
  Financial Products 30.04 1,336.00 27.98 1,430.00 27.29 1,385.00 26.58 642.00 22.28 635.00
Depreciation and 100.00 2,766.00 100.00 2,577.00 100.00 2,432.00 100.00 2,352.00 100.00 2,219.00
Amortization
  Machinery, Energy & 69.85 1,932.00 67.83 1,748.00 68.22 1,659.00 67.18 1,580.00 66.92 1,485.00
Transportation
    Energy & 23.14 640.00 24.21 624.00 24.38 593.00 24.28 571.00 24.65 547.00
Transportation
    Resource Industries 16.70 462.00 17.46 450.00 17.19 418.00 17.13 403.00 16.58 368.00
    All Other 16.74 463.00 14.44 372.00 16.57 403.00 15.69 369.00 15.28 339.00
    Construction 13.27 367.00 11.72 302.00 10.07 245.00 10.08 237.00 10.41 231.00
Industries
  Financial Products 30.15 834.00 32.17 829.00 31.78 773.00 32.82 772.00 33.08 734.00
    Financial Products 30.15 834.00 32.17 829.00 31.78 773.00 32.82 772.00 33.08 734.00
SG&A Including 100.00 5,500.00 100.00 5,181.00 100.00 4,661.00 100.00 5,378.00 100.00 5,671.00
Intersegment
  Machinery, Energy & 85.00 4,675.00 85.77 4,444.00 83.99 3,915.00 87.84 4,724.00 88.15 4,999.00
Transportation
  Financial Products 15.00 825.00 14.23 737.00 16.01 746.00 12.16 654.00 11.85 672.00

This report may not be modified or altered in any way. The BLOOMBERG PROFESSIONAL service and BLOOMBERG Data are owned and distributed locally by Bloomberg Finance LP (“BFLP”) and its subsidiaries in all jurisdictions other than Argentina, Bermuda, China, India, Japan and Korea (the (“BFLP
Countries”). BFLP is a wholly-owned subsidiary of Bloomberg LP (“BLP”). BLP provides BFLP with all the global marketing and operational support and service for the Services and distributes the Services either directly or through a non-BFLP subsidiary in the BLP Countries. BFLP, BLP and their affiliates
do not provide investment advice, and nothing herein shall constitute an offer of financial instruments by BFLP, BLP or their affiliates.

Bloomberg ®              04/01/2023 21:31:21 6