10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CATERPILLAR FINANCIAL SERVICES CORP | |||
Ticker: CAT Fiscal Year: 2015 | |||
Consolidated Statement of Cash Flow | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 16, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Cash flow from operating activities: | |||
| Profit of consolidated and affiliated companies | $ 2,113 | 3,711 | 3,803 |
| Adjustments for non-cash items: | |||
| Depreciation and amortization | 3,046 | 3,163 | 3,087 |
| Goodwill impairment charge | 0 | 0 | 0 |
| Other | 508 | 553 | 482 |
| Changes in assets and liabilities, net of acquisitions and divestitures: | |||
| Receivables - trade and other | 764 | 163 | 835 |
| Inventories | 2,274 | 101 | 2,658 |
| Accounts payable | (1,165) | 222 | 134 |
| Accrued expenses | (199) | (10) | (108) |
| Accrued wages, salaries and employee benefits | (389) | 901 | (279) |
| Customer advances | (501) | (593) | (301) |
| Other assets - net | (220) | (300) | (49) |
| Other liabilities - net | 444 | 146 | (71) |
| Net cash provided by (used for) operating activities | 6,675 | 8,057 | 10,191 |
| Cash flow from investing activities: | |||
| Capital expenditures - excluding equipment leased to others | (1,388) | (1,539) | (2,522) |
| Expenditures for equipment leased to others | (1,873) | (1,840) | (1,924) |
| Proceeds from disposals of leased assets and property, plant and equipment | 760 | 904 | 844 |
| Additions to finance receivables | (9,929) | (11,278) | (11,422) |
| Collections of finance receivables | 9,247 | 9,841 | 9,567 |
| Proceeds from sale of finance receivables | 136 | 177 | 220 |
| Investments and acquisitions (net of cash acquired) | (400) | (30) | (195) |
| Proceeds from sale of businesses and investments (net of cash sold) | 178 | 199 | 365 |
| Proceeds from sale of securities | 351 | 810 | 449 |
| Investments in securities | (485) | (825) | (402) |
| Other - net | (114) | (46) | (26) |
| Net cash provided by (used for) investing activities | (3,517) | (3,627) | (5,046) |
| Cash flow from financing activities: | |||
| Dividends paid | (1,757) | (1,620) | (1,111) |
| Distribution to noncontrolling interests | (7) | (7) | (13) |
| Contribution from noncontrolling interests | 0 | 4 | 0 |
| Common stock issued, including treasury shares reissued | 33 | 239 | 128 |
| Treasury shares purchased | (2,025) | (4,238) | (2,000) |
| Excess tax benefit from stock-based compensation | 24 | 182 | 96 |
| Proceeds from debt issued (original maturities greater than three months): | |||
| Machinery, Energy & Transportation | 3 | 1,994 | 195 |
| Financial Products | 5,129 | 8,655 | 9,133 |
| Payments on debt (original maturities greater than three months): | |||
| Machinery, Energy & Transportation | (517) | (785) | (1,769) |
| Financial Products | (7,775) | (8,463) | (9,101) |
| Short-term borrowings - net (original maturities three months or less) | 3,022 | 1,043 | (69) |
| Net cash provided by (used for) financing activities | (3,870) | (2,996) | (4,511) |
| Effect of exchange rate changes on cash | (169) | (174) | (43) |
| Increase (decrease) in cash and short-term investments | (881) | 1,260 | 591 |
| Cash and short-term investments at beginning of period | 7,341 | 6,081 | |
| Cash and short-term investments at end of period | 6,460 | 7,341 | 6,081 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CATERPILLAR FINANCIAL SERVICES CORP | |||
Ticker: CAT Fiscal Year: 2015 | |||
Consolidated Statements of Profit | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 16, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Revenues: | |||
| Retail finance | $ 1,243 | 1,366 | 1,387 |
| Operating lease | 1,012 | 1,057 | 948 |
| Wholesale finance | 285 | 311 | 306 |
| Other, net | 133 | 151 | 144 |
| Total revenues | 2,673 | 2,885 | 2,785 |
| Expenses: | |||
| Interest | 593 | 631 | 734 |
| Depreciation on equipment leased to others | 836 | 870 | 770 |
| General, operating and administrative | 415 | 433 | 427 |
| Provision for credit losses | 119 | 139 | 101 |
| Other | 64 | 37 | 24 |
| Total expenses | 2,027 | 2,110 | 2,056 |
| Other income (expense) | (27) | (22) | (35) |
| Profit before income taxes | 619 | 753 | 694 |
| Provision for income taxes | 158 | 209 | 167 |
| Profit of consolidated companies | 461 | 544 | 527 |
| Less: Profit attributable to noncontrolling interests | 1 | 9 | 14 |
| Profit | 460 | 535 | 513 [1] |
| [1] Profit attributable to Caterpillar Financial Services Corporation. | |||
| External Links | |
| CATERPILLAR FINANCIAL SERVICES CORP (CAT) Fiscal Year 2015 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |