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: 2017 | |||
Consolidated Statement of Cash Flow | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 15, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Cash flow from operating activities: | |||
| Profit (loss) of consolidated and affiliated companies | $ 759 | (59) | 2,523 |
| Adjustments for non-cash items: | |||
| Depreciation and amortization | 2,877 | 3,034 | 3,046 |
| Actuarial (gain) loss on pension and postretirement benefits | 301 | 985 | 179 |
| Provision (benefit) for deferred income taxes | 1,213 | (431) | (307) |
| Goodwill impairment charge | 0 | 595 | 0 |
| Other | 746 | 856 | 453 |
| Changes in assets and liabilities, net of acquisitions and divestitures: | |||
| Receivables - trade and other | (1,151) | 829 | 764 |
| Inventories | (1,295) | 1,109 | 2,274 |
| Accounts payable | 1,478 | (200) | (1,165) |
| Accrued expenses | 175 | (201) | (199) |
| Accrued wages, salaries and employee benefits | 1,187 | (708) | (389) |
| Customer advances | (69) | (37) | (501) |
| Other assets - net | (192) | 224 | 143 |
| Other liabilities - net | (327) | (360) | (122) |
| Net cash provided by (used for) operating activities | 5,702 | 5,636 | 6,699 |
| Cash flow from investing activities: | |||
| Capital expenditures - excluding equipment leased to others | (898) | (1,109) | (1,388) |
| Expenditures for equipment leased to others | (1,438) | (1,819) | (1,873) |
| Proceeds from disposals of leased assets and property, plant and equipment | 1,164 | 899 | 760 |
| Additions to finance receivables | (11,953) | (9,339) | (9,929) |
| Collections of finance receivables | 12,018 | 9,369 | 9,247 |
| Proceeds from sale of finance receivables | 127 | 127 | 136 |
| Investments and acquisitions (net of cash acquired) | (59) | (191) | (400) |
| Proceeds from sale of businesses and investments (net of cash sold) | 100 | 0 | 178 |
| Proceeds from sale of securities | 932 | 694 | 351 |
| Investments in securities | (1,048) | (391) | (485) |
| Other - net | 61 | 0 | (114) |
| Net cash provided by (used for) investing activities | (994) | (1,760) | (3,517) |
| Cash flow from financing activities: | |||
| Dividends paid | (1,831) | (1,799) | (1,757) |
| Common stock issued, including treasury shares reissued | 566 | (23) | 33 |
| Treasury shares purchased | 0 | 0 | (2,025) |
| Proceeds from debt issued (original maturities greater than three months): | |||
| Machinery, Energy & Transportation | 361 | 6 | 3 |
| Financial Products | 8,702 | 5,109 | 5,129 |
| Payments on debt (original maturities greater than three months): | |||
| Machinery, Energy & Transportation | (1,465) | (533) | (517) |
| Financial Products | (6,919) | (6,032) | (7,775) |
| Short-term borrowings - net (original maturities three months or less) | (3,058) | 140 | 3,022 |
| Other - net | (9) | (8) | (7) |
| Net cash provided by (used for) financing activities | (3,653) | (3,140) | (3,894) |
| Effect of exchange rate changes on cash | 38 | (28) | (169) |
| Increase (decrease) in cash and short-term investments | 1,093 | 708 | (881) |
| Cash and short-term investments at beginning of period | 7,168 | 6,460 | |
| Cash and short-term investments at end of period | 8,261 | 7,168 | 6,460 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CATERPILLAR FINANCIAL SERVICES CORP | |||
Ticker: CAT Fiscal Year: 2017 | |||
Consolidated Statements of Profit | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 15, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Revenues: | |||
| Retail finance | $ 1,235 | 1,220 | 1,243 |
| Operating lease | 985 | 1,015 | 1,012 |
| Wholesale finance | 307 | 264 | 285 |
| Other, net | 162 | 96 | 133 |
| Total revenues | 2,689 | 2,595 | 2,673 |
| Expenses: | |||
| Interest | 667 | 611 | 593 |
| Depreciation on equipment leased to others | 810 | 841 | 836 |
| General, operating and administrative | 429 | 391 | 415 |
| Provision for credit losses | 132 | 135 | 119 |
| Other | 46 | 41 | 64 |
| Total expenses | 2,084 | 2,019 | 2,027 |
| Other income (expense) | (15) | (15) | (27) |
| Profit before income taxes | 590 | 561 | 619 |
| Provision (benefit) for income taxes | (4) | 171 | 158 |
| Profit of consolidated companies | 594 | 390 | 461 |
| Less: Profit attributable to noncontrolling interests | 8 | 6 | 1 |
| Profit | 586 | 384 [1] | 460 |
| [1] Profit attributable to Caterpillar Financial Services Corporation. | |||
| External Links | |
| CATERPILLAR FINANCIAL SERVICES CORP (CAT) Fiscal Year 2017 | |
| 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 |