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: 2014 | |||
Consolidated Results of Operations | |||
Period Ending Dec 31, 2014 10-K (Filed: Feb 17, 2015) | |||
| (In Millions, except shares in Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
| Sales and revenues: | |||
| Sales of Machinery, Energy & Transportation | $ 52,142 | 52,694 | 63,068 |
| Revenues of Financial Products | 3,042 | 2,962 | 2,807 |
| Total sales and revenues | 55,184 | 55,656 | 65,875 |
| Operating costs: | |||
| Cost of goods sold | 39,767 | 40,727 | 47,055 |
| Selling, general and administrative expenses | 5,697 | 5,547 | 5,919 |
| Research and development expenses | 2,135 | 2,046 | 2,466 |
| Interest expense of Financial Products | 624 | 727 | 797 |
| Goodwill impairment charge | 0 | 0 | 580 |
| Other operating (income) expenses | 1,633 | 981 | 485 |
| Total operating costs | 49,856 | 50,028 | 57,302 |
| Operating profit | 5,328 | 5,628 | 8,573 |
| Interest expense excluding Financial Products | 484 | 465 | 467 |
| Other income (expense) | 239 | (35) | 130 |
| Consolidated profit before taxes | 5,083 | 5,128 | 8,236 |
| Provision (benefit) for income taxes | 1,380 | 1,319 | 2,528 |
| Profit of consolidated companies | 3,703 | 3,809 | 5,708 |
| Equity in profit (loss) of unconsolidated affiliated companies | 8 | (6) | 14 |
| Profit of consolidated and affiliated companies | 3,711 | 3,803 | 5,722 |
| Less: Profit (loss) attributable to noncontrolling interests | 16 | 14 | 41 |
| Profit | 3,695 | 3,789 [1] | 5,681 |
| Profit per common share (in dollars per share) | 5.99 | 5.87 | 8.71 |
| Profit per common share - diluted (in dollars per share) | 5.88 | 5.75 | 8.48 |
| Weighted-average common shares outstanding (millions) | |||
| Basic (in shares) | 617,200 | 645,200 | 652,600 |
| Diluted (in shares) | 628,900 | 658,600 [2] | 669,600 |
| Cash dividends declared per common share (in dollars per share) | 2.70 | 2.32 | 2.02 |
| [1] 1 Profit attributable to common stockholders. | |||
| [2] 2 Diluted by assumed exercise of stock-based compensation awards, using the treasury stock method. | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CATERPILLAR FINANCIAL SERVICES CORP | |||
Ticker: CAT Fiscal Year: 2014 | |||
Consolidated Statements of Profit | |||
Period Ending Dec 31, 2014 10-K (Filed: Feb 17, 2015) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
| Revenues: | |||
| Retail finance | $ 1,366 | 1,387 | 1,342 |
| Operating lease | 1,057 | 948 | 860 |
| Wholesale finance | 311 | 306 | 335 |
| Other, net | 151 | 144 | 156 |
| Total revenues | 2,885 | 2,785 | 2,693 |
| Expenses: | |||
| Interest | 631 | 734 | 801 |
| Depreciation on equipment leased to others | 870 | 770 | 688 |
| General, operating and administrative | 433 | 427 | 416 |
| Provision for credit losses | 139 | 101 | 163 |
| Other | 37 | 24 | 29 |
| Total expenses | 2,110 | 2,056 | 2,097 |
| Other income (expense) | (22) | (35) | (12) |
| Profit before income taxes | 753 | 694 | 584 |
| Provision for income taxes | 209 | 167 | 145 |
| Profit of consolidated companies | 544 | 527 | 439 |
| Less: Profit attributable to noncontrolling interests | 9 | 14 | 11 |
| Profit | 535 | 513 | 428 [1] |
| [1] Profit attributable to Caterpillar Financial Services Corporation. | |||
| External Links | |
| CATERPILLAR FINANCIAL SERVICES CORP (CAT) Fiscal Year 2014 | |
| 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 |