CATERPILLAR INC (CAT) FY2025 Annual Balance Sheet

Income StatementCash FlowBalance Sheet

Balance Sheet

As of 2025-12-31

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CATERPILLAR INC (CAT) FY2025 Annual Balance SheetBalance sheet as of 2025-12-31. The chart shows assets, liabilities and equity at that date.Current liabilities$36.56 BCurrent assets$52.49 BLiabilities$77.27 BAssets$98.59 BNon-current liabilities$40.71 BNon-current assets$46.10 BEquity$21.32 BGross equity(calculated)$72.63 BHOLDINGSASSET CLASSASSETSCLAIM CLASSCLAIM SUB-CLASSCLAIMSInventoriesReceivables – trade and otherReceivables – financeCash and cash equivalentsPrepaid expenses and other current assetsProperty, plant and equipment - netLong-term receivables – financeOther assetsGoodwillNoncurrent deferred and refundable income taxesLong-term receivables – trade and otherIntangible assetsAccounts payableLong-term debt due within one year - Financial ProductsAccrued expensesShort-term borrowingsCustomer advancesOther current liabilitiesAccrued wages, salaries and employee benefitsDividends payableLong-term debt due within one year - Machinery, Power & EnergyLong-term debt due after one year - Financial ProductsLong-term debt due after one year - Machinery, Power & EnergyOther liabilitiesLiability for postemployment benefitsProfit employed in the businessAuthorized shares: 2,000,000,000 Issued shares: (2025 and 2024 – 814,894,624 shares) at paid-in amountCurrent assetsNon-current assetsAssetsCurrent liabilitiesNon-current liabilitiesLiabilitiesEquityGross equity (calculated)Treasury stock: (2025 - 349,607,292 shares; and 2024 - 336,962,600 shares) at costAccumulated other comprehensive income (loss)Accounts payableAccounts payable$8.97 BLong-term debt due within one year - Financial ProductsLong-term debt due within one year - Financial Products$7.09 BAccrued expensesAccrued expenses$5.59 BCurrent liabilitiesCurrent liabilities$36.56 BShort-term borrowingsShort-term borrowings$5.51 BCurrent assetsCurrent assets$52.49 BCustomer advancesCustomer advances$3.31 BInventoriesInventories$18.14 BLiabilitiesLiabilities$77.27 BOther current liabilitiesOther current liabilities$2.80 BReceivables – trade and otherReceivables – trade and other$10.92 BAssetsAssets$98.59 BAccrued wages, salaries and employee benefitsAccrued wages, salaries and employee benefits$2.55 BReceivables – financeReceivables – finance$10.65 BDividends payableDividends payable$703.00 MCash and cash equivalentsCash and cash equivalents$9.98 BLong-term debt due within one year - Machinery, Power & EnergyLong-term debt due within oneyear - Machinery, Power & Energy$35.00 MPrepaid expenses and other current assetsPrepaid expenses and other current assets$2.80 BNon-current liabilitiesNon-current liabilities$40.71 BProperty, plant and equipment - netProperty, plant and equipment - net$15.14 BLong-term debt due after one year - Financial ProductsLong-term debt due after one year - Financial Products$20.02 BNon-current assetsNon-current assets$46.10 BLong-term receivables – financeLong-term receivables – finance$14.27 BLong-term debt due after one year - Machinery, Power & EnergyLong-term debt due after oneyear - Machinery, Power & Energy$10.68 BOther assetsOther assets$6.10 BEquityEquity$21.32 BOther liabilitiesOther liabilities$6.18 BGoodwillGoodwill$5.32 BLiability for postemployment benefitsLiability for postemployment benefits$3.84 BGross equity (calculated)Gross equity(calculated)$72.63 BNoncurrent deferred and refundable income taxesNoncurrent deferred and refundable income taxes$2.88 BLong-term receivables – trade and otherLong-term receivables – trade and other$2.14 BIntangible assetsIntangible assets$241.00 MProfit employed in the businessProfit employed in the business$65.45 BAuthorized shares: 2,000,000,000 Issued shares: (2025 and 2024 – 814,894,624 shares) at paid-in amountAuthorized shares: 2,000,000,000 Issued shares: (2025and 2024 – 814,894,624 shares) at paid-in amount$7.18 BTreasury stock: (2025 - 349,607,292 shares; and 2024 - 336,962,600 shares) at costTreasury stock: at cost−$49.54 BAccumulated other comprehensive income (loss)Accumulated other comprehensive income (loss)−$1.77 B
Chart details

CATERPILLAR INC (CAT) FY2025 Annual Balance Sheet

Balance sheet as of 2025-12-31. The chart shows assets, liabilities and equity at that date.

Assets
98,585,000,000 US dollars
Current assets
52,485,000,000 US dollars
Non-current assets
46,100,000,000 US dollars
Liabilities
77,267,000,000 US dollars
Current liabilities
36,558,000,000 US dollars
Non-current liabilities
40,709,000,000 US dollars
Equity
21,318,000,000 US dollars
Noncontrolling interest
0 US dollars. Included in consolidated equity; this amount is not added again.
Inventories
18,135,000,000 US dollars
Receivables – trade and other
10,920,000,000 US dollars
Receivables – finance
10,649,000,000 US dollars
Cash and cash equivalents
9,980,000,000 US dollars
Prepaid expenses and other current assets
2,801,000,000 US dollars
Property, plant and equipment - net
15,140,000,000 US dollars
Long-term receivables – finance
14,272,000,000 US dollars
Other assets
6,102,000,000 US dollars
Goodwill
5,321,000,000 US dollars
Noncurrent deferred and refundable income taxes
2,882,000,000 US dollars
Long-term receivables – trade and other
2,142,000,000 US dollars
Intangible assets
241,000,000 US dollars
Accounts payable
8,968,000,000 US dollars
Long-term debt due within one year - Financial Products
7,085,000,000 US dollars
Accrued expenses
5,587,000,000 US dollars
Short-term borrowings
5,514,000,000 US dollars
Customer advances
3,314,000,000 US dollars
Other current liabilities
2,798,000,000 US dollars
Accrued wages, salaries and employee benefits
2,554,000,000 US dollars
Dividends payable
703,000,000 US dollars
Long-term debt due within one year - Machinery, Power & Energy
35,000,000 US dollars
Long-term debt due after one year - Financial Products
20,018,000,000 US dollars
Long-term debt due after one year - Machinery, Power & Energy
10,678,000,000 US dollars
Other liabilities
6,175,000,000 US dollars
Liability for postemployment benefits
3,838,000,000 US dollars
Profit employed in the business
65,448,000,000 US dollars
Authorized shares: 2,000,000,000 Issued shares: (2025 and 2024 – 814,894,624 shares) at paid-in amount
7,181,000,000 US dollars
Noncontrolling interests
0 US dollars
Treasury stock: (2025 - 349,607,292 shares; and 2024 - 336,962,600 shares) at cost
negative 49,539,000,000 US dollars
Accumulated other comprehensive income (loss)
negative 1,772,000,000 US dollars
Gross equity (calculated)
72,629,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

  • Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
  • Treasury shares and other negative equity contributions reduce equity.
CATERPILLAR INC (CAT) FY2025 Annual Balance Sheet Sankey chart
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