Caterpillar Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	9,980	6,889	6,978	7,004	9,254
Cash & Short-Term Investments	9,980	6,889	6,978	7,004	9,254
Cash Growth	44.87%	-1.27%	-0.37%	-24.31%	-1.05%
Accounts Receivable	10,920	9,282	9,310	8,856	8,477
Other Receivables	10,649	9,565	9,510	9,013	8,898
Total Trade Receivables	21,569	18,847	18,820	17,869	17,375
Inventory	18,135	16,827	16,565	16,270	14,038
Other Current Assets	2,801	3,119	4,586	2,642	2,788
Total Current Assets	52,485	45,682	46,949	43,785	43,455
Net Property, Plant & Equipment	15,140	13,361	12,680	12,028	12,090
Other Intangible Assets	241	399	564	758	1,042
Goodwill	5,321	5,241	5,308	5,288	6,324
Long-Term Investments	14,272	13,242	12,664	12,013	12,707
Other Long-Term Assets	11,126	9,839	9,311	8,071	7,175
Total Assets	98,585	87,764	87,476	81,943	82,793
Accounts Payable	8,968	7,675	7,906	8,689	8,154
Accrued Expenses	8,141	7,634	7,715	6,393	5,999
Short-Term Debt	5,514	4,393	4,643	5,957	5,404
Current Portion of Long-Term Debt	7,120	6,665	8,763	5,322	6,352
Unearned Revenue	3,314	2,322	1,929	1,860	1,087
Other Current Liabilities	3,501	3,583	3,772	3,310	2,851
Total Current Liabilities	36,558	32,272	34,728	31,531	29,847
Long-Term Debt	30,696	27,351	24,472	25,714	26,033
Other Long-Term Liabilities	10,013	8,647	8,773	8,807	10,397
Total Long-Term Liabilities	40,709	35,998	33,245	34,521	36,430
Total Liabilities	77,267	68,270	67,973	66,052	66,277
Treasury Stock	-49,539	-44,331	-36,339	-31,748	-27,643
Additional Paid-in Capital	7,181	6,941	6,403	6,560	6,398
Accumulated Other Comprehensive Income	-1,772	-2,471	-1,820	-2,457	-1,553
Retained Earnings	65,448	59,352	51,250	43,514	39,282
Total Common Shareholders' Equity	21,318	19,491	19,494	15,869	16,484
Minority Interest	3	3	9	22	32
Shareholders' Equity	21,321	19,494	19,503	15,891	16,516
Total Liabilities & Equity	98,585	87,764	87,476	81,943	82,793
Total Debt	43,330	38,409	37,878	36,993	37,789
Net Cash (Debt)	-33,350	-31,520	-30,900	-29,989	-28,535
Net Cash Per Share	-70.61	-64.41	-60.16	-56.54	-52.02
Book Value	21,318	19,491	19,494	15,869	16,484
Book Value Per Share	45.14	39.83	37.96	29.92	30.05
Tangible Book Value	15,756	13,851	13,622	9,823	9,118
Tangible Book Value Per Share	33.36	28.30	26.52	18.52	16.62

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.