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: 2016 | |||
Consolidated Results of Operations | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 15, 2017) | |||
| (In Millions, except shares in Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Sales and revenues: | |||
| Sales of Machinery, Energy & Transportation | $ 35,773 | 44,147 | 52,142 |
| Revenues of Financial Products | 2,764 | 2,864 | 3,042 |
| Total sales and revenues | 38,537 | 47,011 | 55,184 |
| Operating costs: | |||
| Cost of goods sold | 28,309 | 33,546 | 40,718 |
| Selling, general and administrative expenses | 4,686 | 4,951 | 6,529 |
| Research and development expenses | 1,951 | 2,119 | 2,380 |
| Interest expense of Financial Products | 596 | 587 | 624 |
| Goodwill impairment charge | 595 | 0 | 0 |
| Other operating (income) expenses | 1,902 | 2,023 | 1,619 |
| Total operating costs | 38,039 | 43,226 | 51,870 |
| Operating profit | 498 | 3,785 | 3,314 |
| Interest expense excluding Financial Products | 505 | 507 | 484 |
| Other income (expense) | 146 | 161 | 322 |
| Consolidated profit before taxes | 139 | 3,439 | 3,152 |
| Provision (benefit) for income taxes | 192 | 916 | 692 |
| Profit (loss) of consolidated companies | (53) | 2,523 | 2,460 |
| Equity in profit (loss) of unconsolidated affiliated companies | (6) | 0 | 8 |
| Profit (loss) of consolidated and affiliated companies | (59) | 2,523 | 2,468 |
| Less: Profit (loss) attributable to noncontrolling interests | 8 | 11 | 16 |
| Profit (loss) | (67) | 2,512 [1] | 2,452 |
| Profit (loss) per common share (in dollars per share) | (0.11) | 4.23 | 3.97 |
| Profit (loss) per common share - diluted (in dollars per share) | (0.11) | 4.18 | 3.90 [2] |
| Weighted-average common shares outstanding (millions) | |||
| Basic (in shares) | 584,300 | 594,300 | 617,200 |
| Diluted (in shares) | 584,300 | 601,300 | 628,900 |
| Cash dividends declared per common share (in dollars per share) | 3.08 | 3.01 | 2.70 |
| [1] 1 Profit (loss) 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: 2016 | |||
Consolidated Statements of Profit | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 15, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Revenues: | |||
| Retail finance | $ 1,220 | 1,243 | 1,366 |
| Operating lease | 1,015 | 1,012 | 1,057 |
| Wholesale finance | 264 | 285 | 311 |
| Other, net | 96 | 133 | 151 |
| Total revenues | 2,595 | 2,673 | 2,885 |
| Expenses: | |||
| Interest | 611 | 593 | 631 |
| Depreciation on equipment leased to others | 841 | 836 | 870 |
| General, operating and administrative | 391 | 415 | 433 |
| Provision for credit losses | 135 | 119 | 139 |
| Other | 41 | 64 | 37 |
| Total expenses | 2,019 | 2,027 | 2,110 |
| Other income (expense) | (15) | (27) | (22) |
| Profit before income taxes | 561 | 619 | 753 |
| Provision for income taxes | 171 | 158 | 209 |
| Profit of consolidated companies | 390 | 461 | 544 |
| Less: Profit attributable to noncontrolling interests | 6 | 1 | 9 |
| Profit | 384 [1] | 460 | 535 |
| [1] Profit attributable to Caterpillar Financial Services Corporation. | |||
| External Links | |
| CATERPILLAR FINANCIAL SERVICES CORP (CAT) Fiscal Year 2016 | |
| 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 |