CATERPILLAR INC (CAT) FY2024 YTD Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-01-01 to 2024-09-30

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CATERPILLAR INC cash flow reconciliation, Jan 1, 2024 through Sep 30, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Profit of consolidated and affiliated companies → Net cash from operating activities: $7,998,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $1,598,000,000.00Customer advances → Operating adjustments reconciliation: $476,000,000.00Other → Operating adjustments reconciliation: $221,000,000.00(Gain) loss on divestiture → Operating adjustments reconciliation: $164,000,000.00Other assets – net → Operating adjustments reconciliation: $120,000,000.00Accrued expenses → Operating adjustments reconciliation: $9,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $644,000,000.00Operating adjustments reconciliation → Inventories: $781,000,000.00Operating adjustments reconciliation → Accrued wages, salaries and employee benefits: $671,000,000.00Operating adjustments reconciliation → Provision (benefit) for deferred income taxes: $329,000,000.00Operating adjustments reconciliation → Accounts payable: $96,000,000.00Operating adjustments reconciliation → Other liabilities – net: $37,000,000.00Operating adjustments reconciliation → Receivables – trade and other: $30,000,000.00Collections of finance receivables → investing reconciliation: $10,234,000,000.00Proceeds from maturities and sale of securities → investing reconciliation: $2,841,000,000.00Proceeds from disposals of leased assets and property, plant and equipment → investing reconciliation: $541,000,000.00Other – net → investing reconciliation: $137,000,000.00Proceeds from sale of finance receivables → investing reconciliation: $69,000,000.00investing reconciliation → Additions to finance receivables: $11,457,000,000.00investing reconciliation → Capital expenditures – excluding equipment leased to others: $1,285,000,000.00investing reconciliation → Expenditures for equipment leased to others: $893,000,000.00investing reconciliation → Investments in securities: $892,000,000.00investing reconciliation → Proceeds from sale of businesses and investments (net of cash sold): $67,000,000.00investing reconciliation → Investments and acquisitions (net of cash acquired): $32,000,000.00Net cash used in financing activities → financing reconciliation: $9,139,000,000.00Proceeds from debt issued (original maturities greater than three months): → financing reconciliation: $7,579,000,000.00Common stock issued, including treasury shares reissued → financing reconciliation: $15,000,000.00financing reconciliation → Payments to purchase common stock: $7,057,000,000.00financing reconciliation → Payments on debt (original maturities greater than three months) - Financial Products: $5,841,000,000.00financing reconciliation → Dividends paid: $1,966,000,000.00financing reconciliation → Payments on debt (original maturities greater than three months) - Machinery, Energy & Transportation: $1,021,000,000.00financing reconciliation → Short-term borrowings – net (original maturities three months or less): $848,000,000.00Net cash used in investing activities → investing reconciliation: $804,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $6,985,000,000.00Net cash from operating activities → Cash sources and uses: $8,642,000,000.00Cash sources and uses → Exchange-rate effect: $39,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $5,645,000,000.00Cash sources and uses → Net cash used in investing activities: $804,000,000.00Cash sources and uses → Net cash used in financing activities: $9,139,000,000.00(Gain) loss on divestiture: $164,000,000.00(Gain) loss on divestiture+$164.00 MProvision (benefit) for deferred income taxes: -$329,000,000.00Deferred income taxes−$329.00 MAccounts payable: -$96,000,000.00Accounts payable−$96.00 MCustomer advances: $476,000,000.00Deferred revenue+$476.00 MReceivables – trade and other: -$30,000,000.00Receivables, net−$30.00 MAccrued expenses: $9,000,000.00Accrued liabilities+$9.00 MOther: $221,000,000.00Other non-cash items+$221.00 MInventories: -$781,000,000.00Inventories−$781.00 MOther liabilities – net: -$37,000,000.00Other operating liabilities−$37.00 MOther assets – net: $120,000,000.00Other operating assets+$120.00 MAccrued wages, salaries and employee benefits: -$671,000,000.00Accrued compensation−$671.00 MDepreciation and amortization: $1,598,000,000.00Depreciation & amortization+$1.60 BProfit of consolidated and affiliated companies: $7,998,000,000.00Profit of consolidated and affiliated companies+$8.00 BNet cash from operating activities: $8,642,000,000.00Operating cash+$8.64 BOperating adjustments reconciliation: $2,588,000,000.00Payments on debt (original maturities greater than three months) - Financial Products: -$5,841,000,000.00Financial products debt repaid−$5.84 BPayments on debt (original maturities greater than three months) - Machinery, Energy & Transportation: -$1,021,000,000.00Payments on debt (original maturities greater thanthree months) - Machinery, Energy & Transportation−$1.02 BDividends paid: -$1,966,000,000.00Common dividends paid−$1.97 BProceeds from debt issued (original maturities greater than three months):: $7,579,000,000.00Debt issued, 90+ days+$7.58 BCommon stock issued, including treasury shares reissued: $15,000,000.00Equity issued+$15.00 MPayments to purchase common stock: -$7,057,000,000.00Common stock repurchases−$7.06 BShort-term borrowings – net (original maturities three months or less): -$848,000,000.00Short-term debt ≤3 months, net−$848.00 MNet cash used in financing activities: -$9,139,000,000.00. Cash required to fund net payments.Financing cash−$9.14 Bfinancing reconciliation: $16,733,000,000.00Other – net: $137,000,000.00Other investing, net+$137.00 MCollections of finance receivables: $10,234,000,000.00Finance receivable collections+$10.23 BProceeds from disposals of leased assets and property, plant and equipment: $541,000,000.00PP&E sales+$541.00 MProceeds from maturities and sale of securities: $2,841,000,000.00Marketable securities proceeds+$2.84 BCapital expenditures – excluding equipment leased to others: -$1,285,000,000.00PP&E purchases−$1.29 BInvestments in securities: -$892,000,000.00Marketable securities purchases−$892.00 MProceeds from sale of finance receivables: $69,000,000.00Finance receivable sales+$69.00 MAdditions to finance receivables: -$11,457,000,000.00Finance receivable purchases−$11.46 BInvestments and acquisitions (net of cash acquired): -$32,000,000.00Acquisitions, net of cash−$32.00 MProceeds from sale of businesses and investments (net of cash sold): -$67,000,000.00Business sales, net of cash−$67.00 MExpenditures for equipment leased to others: -$893,000,000.00Lease equipment purchases−$893.00 MNet cash used in investing activities: -$804,000,000.00. Cash required to fund net payments.Investing cash−$804.00 Minvesting reconciliation: $14,626,000,000.00Cash sources and uses: $15,627,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $6,985,000,000.00Beginning cash$6.99 BEnding cash: Cash, cash equivalents, and restricted cash: $5,645,000,000.00Ending cash$5.65 BExchange-rate effect: -$39,000,000.00FX effect−$39.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$7.36 BOperating cash − cash spent on PP&ECash flow / Net income1.08×Operating cash flow ÷ net incomeNet cash change−$1.34 BEnding cash − beginning cash
Chart details

CATERPILLAR INC cash flow reconciliation, Jan 1, 2024 through Sep 30, 2024

Cash flows for Jan 1, 2024 through Sep 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2023. Ending cash: Sep 30, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2023
6,985,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
8,642,000,000 US dollars. Net cash provided.
(Gain) loss on divestiture
164,000,000 US dollars
Provision (benefit) for deferred income taxes
negative 329,000,000 US dollars
Accounts payable
negative 96,000,000 US dollars
Customer advances
476,000,000 US dollars
Receivables – trade and other
negative 30,000,000 US dollars
Accrued expenses
9,000,000 US dollars
Other
221,000,000 US dollars
Inventories
negative 781,000,000 US dollars
Other liabilities – net
negative 37,000,000 US dollars
Other assets – net
120,000,000 US dollars
Accrued wages, salaries and employee benefits
negative 671,000,000 US dollars
Depreciation and amortization
1,598,000,000 US dollars
Profit of consolidated and affiliated companies
7,998,000,000 US dollars
Investing activities
negative 804,000,000 US dollars. Net cash used.
Other – net
137,000,000 US dollars
Collections of finance receivables
10,234,000,000 US dollars
Proceeds from disposals of leased assets and property, plant and equipment
541,000,000 US dollars
Proceeds from maturities and sale of securities
2,841,000,000 US dollars
Capital expenditures – excluding equipment leased to others
negative 1,285,000,000 US dollars
Investments in securities
negative 892,000,000 US dollars
Proceeds from sale of finance receivables
69,000,000 US dollars
Additions to finance receivables
negative 11,457,000,000 US dollars
Investments and acquisitions (net of cash acquired)
negative 32,000,000 US dollars
Proceeds from sale of businesses and investments (net of cash sold)
negative 67,000,000 US dollars
Expenditures for equipment leased to others
negative 893,000,000 US dollars
Financing activities
negative 9,139,000,000 US dollars. Net cash used.
Payments on debt (original maturities greater than three months) - Financial Products
negative 5,841,000,000 US dollars
Payments on debt (original maturities greater than three months) - Machinery, Energy & Transportation
negative 1,021,000,000 US dollars
Dividends paid
negative 1,966,000,000 US dollars
Proceeds from debt issued (original maturities greater than three months):
7,579,000,000 US dollars
Common stock issued, including treasury shares reissued
15,000,000 US dollars
Payments to purchase common stock
negative 7,057,000,000 US dollars
Short-term borrowings – net (original maturities three months or less)
negative 848,000,000 US dollars
Operating adjustment reconciliation
2,588,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
16,733,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
14,626,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 39,000,000 US dollars
Ending cash on Sep 30, 2024
5,645,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
15,627,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 1,340,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.08×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
8,642,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
1,285,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
7,357,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $644.00M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 8,642,000,000 US dollars minus 1,285,000,000 US dollars equals 7,357,000,000 US dollars.
CATERPILLAR INC (CAT) FY2024 YTD Q3 Statement of Cash Flows Sankey chart
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