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 Results of Operations | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 16, 2016) | |||
| (In Millions, except shares in Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Sales and revenues: | |||
| Sales of Machinery, Energy & Transportation | $ 44,147 | 52,142 | 52,694 |
| Revenues of Financial Products | 2,864 | 3,042 | 2,962 |
| Total sales and revenues | 47,011 | 55,184 | 55,656 |
| Operating costs: | |||
| Cost of goods sold | 33,742 | 39,767 | 40,727 |
| Selling, general and administrative expenses | 5,199 | 5,697 | 5,547 |
| Research and development expenses | 2,165 | 2,135 | 2,046 |
| Interest expense of Financial Products | 587 | 624 | 727 |
| Goodwill impairment charge | 0 | 0 | 0 |
| Other operating (income) expenses | 2,062 | 1,633 | 981 |
| Total operating costs | 43,755 | 49,856 | 50,028 |
| Operating profit | 3,256 | 5,328 | 5,628 |
| Interest expense excluding Financial Products | 507 | 484 | 465 |
| Other income (expense) | 106 | 239 | (35) |
| Consolidated profit before taxes | 2,855 | 5,083 | 5,128 |
| Provision (benefit) for income taxes | 742 | 1,380 | 1,319 |
| Profit of consolidated companies | 2,113 | 3,703 | 3,809 |
| Equity in profit (loss) of unconsolidated affiliated companies | 0 | 8 | (6) |
| Profit of consolidated and affiliated companies | 2,113 | 3,711 | 3,803 |
| Less: Profit (loss) attributable to noncontrolling interests | 11 | 16 | 14 |
| Profit | 2,102 [1] | 3,695 | 3,789 |
| Profit per common share (in dollars per share) | 3.54 | 5.99 | 5.87 |
| Profit per common share - diluted (in dollars per share) | 3.50 | 5.88 [2] | 5.75 |
| Weighted-average common shares outstanding (millions) | |||
| Basic (in shares) | 594,300 | 617,200 | 645,200 |
| Diluted (in shares) | 601,300 | 628,900 | 658,600 |
| Cash dividends declared per common share (in dollars per share) | 3.01 | 2.70 | 2.32 |
| [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: 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 |