Stock Analysis on Net

Caterpillar Inc. (NYSE:CAT)

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Caterpillar Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Machinery, Energy & Transportation 3 3 9 4 10 13
Financial Products 4,393 3,725 5,298 3,568 4,643 4,218 5,548 5,841 5,954 4,199 5,002 4,501 5,395 3,247 3,421 3,625 2,005 2,660 4,301 4,789
Short-term borrowings 4,393 3,725 5,298 3,568 4,643 4,218 5,548 5,841 5,957 4,202 5,002 4,501 5,404 3,247 3,425 3,625 2,015 2,660 4,314 4,789
Accounts payable 7,675 7,705 7,575 7,778 7,906 7,827 8,443 8,951 8,689 8,260 8,092 8,361 8,154 7,218 6,921 6,694 6,128 5,193 5,083 5,769
Accrued expenses 5,243 4,980 4,947 4,821 4,958 4,669 4,493 4,121 4,080 4,013 3,782 3,846 3,757 3,579 3,556 3,574 3,642 3,510 3,547 3,776
Accrued wages, salaries and employee benefits 2,391 2,078 1,677 1,291 2,757 2,300 1,755 1,368 2,313 2,204 1,772 1,275 2,242 2,075 1,759 1,283 1,096 1,069 958 878
Customer advances 2,322 2,404 2,324 2,194 1,929 2,333 2,137 2,202 1,860 1,831 1,608 1,388 1,087 1,155 1,157 1,168 1,108 1,209 1,227 1,295
Dividends payable 674 684 649 663 620 633 595 608 562 558
Other current liabilities 2,909 2,934 2,882 3,265 3,123 3,115 3,109 3,035 2,690 2,878 2,333 2,355 2,256 2,319 2,126 2,035 2,017 1,978 2,143 2,074
Machinery, Energy & Transportation 46 46 45 1,045 1,044 1,043 1,043 37 120 120 124 127 45 48 50 1,301 1,420 1,397 1,395 143
Financial Products 6,619 8,346 8,132 8,409 7,719 7,619 8,123 6,287 5,202 6,694 5,617 7,679 6,307 6,335 7,906 6,898 7,729 7,962 6,006 7,792
Long-term debt due within one year 6,665 8,392 8,177 9,454 8,763 8,662 9,166 6,324 5,322 6,814 5,741 7,806 6,352 6,383 7,956 8,199 9,149 9,359 7,401 7,935
Current liabilities 32,272 32,218 33,564 32,371 34,728 33,124 35,314 31,842 31,531 30,202 28,963 29,532 29,847 25,976 27,508 26,578 25,717 24,978 25,231 26,516
Machinery, Energy & Transportation 8,564 8,634 8,537 8,539 8,579 8,470 8,535 9,558 9,498 9,479 9,589 9,636 9,746 9,759 9,752 9,751 9,749 9,742 9,729 8,998
Financial Products 18,787 17,150 15,299 16,292 15,893 15,789 14,450 15,315 16,216 16,030 16,630 15,641 16,287 17,395 16,452 16,605 16,250 16,365 17,178 15,371
Long-term debt due after one year 27,351 25,784 23,836 24,831 24,472 24,259 22,985 24,873 25,714 25,509 26,219 25,277 26,033 27,154 26,204 26,356 25,999 26,107 26,907 24,369
Liability for postemployment benefits 3,757 4,029 3,993 4,068 4,098 4,060 4,084 4,069 4,203 5,038 5,160 5,363 5,592 6,395 6,581 6,698 6,872 6,254 6,285 6,333
Other liabilities 4,890 4,839 4,807 4,826 4,675 4,841 4,788 4,695 4,604 4,536 5,006 5,007 4,805 4,564 4,524 4,480 4,358 4,408 4,366 4,437
Noncurrent liabilities 35,998 34,652 32,636 33,725 33,245 33,160 31,857 33,637 34,521 35,083 36,385 35,647 36,430 38,113 37,309 37,534 37,229 36,769 37,558 35,139
Total liabilities 68,270 66,870 66,200 66,096 67,973 66,284 67,171 65,479 66,052 65,285 65,348 65,179 66,277 64,089 64,817 64,112 62,946 61,747 62,789 61,655
Common stock of $1.00 par value, at paid-in amount 6,941 5,584 5,517 5,663 6,403 6,698 6,478 6,546 6,560 6,523 6,464 6,281 6,398 6,352 6,293 6,215 6,230 6,204 6,120 6,046
Treasury stock, at cost (44,331) (42,390) (41,612) (40,039) (36,339) (33,865) (33,391) (32,108) (31,748) (30,883) (29,501) (28,326) (27,643) (26,608) (25,240) (25,049) (25,178) (25,315) (25,412) (25,341)
Profit employed in the business 59,352 57,920 55,455 54,108 51,250 49,888 47,094 45,457 43,514 43,304 41,263 40,820 39,282 38,361 36,934 36,697 35,167 35,508 34,841 35,504
Accumulated other comprehensive loss (2,471) (1,717) (2,230) (2,093) (1,820) (2,232) (1,946) (1,746) (2,457) (3,353) (2,499) (1,710) (1,553) (1,440) (1,154) (1,290) (888) (1,448) (1,815) (2,012)
Shareholders’ equity attributable to common shareholders 19,491 19,397 17,130 17,639 19,494 20,489 18,235 18,149 15,869 15,591 15,727 17,065 16,484 16,665 16,833 16,573 15,331 14,949 13,734 14,197
Noncontrolling interests 3 6 6 6 9 18 21 21 22 31 32 32 32 30 47 44 47 45 43 42
Total shareholders’ equity 19,494 19,403 17,136 17,645 19,503 20,507 18,256 18,170 15,891 15,622 15,759 17,097 16,516 16,695 16,880 16,617 15,378 14,994 13,777 14,239
Total liabilities and shareholders’ equity 87,764 86,273 83,336 83,741 87,476 86,791 85,427 83,649 81,943 80,907 81,107 82,276 82,793 80,784 81,697 80,729 78,324 76,741 76,566 75,894

Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Caterpillar Inc. current liabilities decreased from Q2 2024 to Q3 2024 but then slightly increased from Q3 2024 to Q4 2024.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Caterpillar Inc. noncurrent liabilities increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Caterpillar Inc. total liabilities increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Shareholders’ equity attributable to common shareholders Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Caterpillar Inc. shareholders’ equity attributable to common shareholders increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.