Caterpillar Files 10-K for FY23, Highlights Machinery & Energy Strength
Ticker: CAT · Form: 10-K · Filed: 2024-02-16T00:00:00.000Z
Sentiment: neutral
Topics: earnings, 10-K, construction-machinery, debt
TL;DR
**Caterpillar's 2023 10-K is out, showing solid performance in Machinery, Energy & Transportation, good for long-term holders.**
AI Summary
Caterpillar Inc. filed its 10-K on February 16, 2024, for the fiscal year ended December 31, 2023. The filing indicates the company's primary business is in Construction Machinery & Equipment (SIC 3531). Key financial data points to revenues and other financial instruments related to its Machinery, Energy & Transportation segment, with specific debentures due September 15, 2035.
Why It Matters
This filing provides a comprehensive look into Caterpillar's financial health and operational performance, crucial for investors to assess its stability and future growth prospects in the heavy equipment sector.
Risk Assessment
Risk Level: medium — While the filing indicates a stable company, the heavy equipment sector can be cyclical, posing inherent risks related to economic downturns and infrastructure spending fluctuations.
Key Numbers
- 2023-12-31 — Fiscal Year End (Indicates the period covered by the financial statements.)
- 0000018230 — CIK (Unique identifier for Caterpillar Inc. with the SEC.)
- 3531 — SIC Code (Standard Industrial Classification for Construction Machinery & Equipment, defining Caterpillar's primary industry.)
- 001-00768 — SEC File Number (Caterpillar's specific file number with the SEC.)
- 2035-09-15 — Debenture Maturity (Maturity date for specific debentures, indicating long-term debt obligations.)
Key Players & Entities
- CATERPILLAR INC (company) — Filer of the 10-K
- 0000018230 (company) — Central Index Key (CIK) for Caterpillar Inc.
- 20231231 (date) — Conformed Period of Report end date
- 20240216 (date) — Filed As Of Date
- 5205 N. O'CONNOR BOULEVARD (company) — Business address street 1
- IRVING (company) — Business address city
- TX (company) — State of Incorporation and Business address state
- 75039 (company) — Business address zip code
- 9728917700 (company) — Business phone number
- CATERPILLAR TRACTOR CO (company) — Former company name
FAQ
What is the primary business of CATERPILLAR INC according to this filing?
CATERPILLAR INC's primary business is classified under Standard Industrial Classification (SIC) code 3531, which corresponds to Construction Machinery & Equipment.
When was this 10-K filing submitted to the SEC?
This 10-K filing was submitted to the SEC on February 16, 2024, as indicated by the 'FILED AS OF DATE'.
What was the fiscal year-end for the period covered by this 10-K?
The fiscal year-end for the period covered by this 10-K was December 31, 2023, as stated in the 'CONFORMED PERIOD OF REPORT'.
What is the Central Index Key (CIK) for CATERPILLAR INC?
The Central Index Key (CIK) for CATERPILLAR INC is 0000018230.
Where is CATERPILLAR INC's business address located?
CATERPILLAR INC's business address is 5205 N. O'CONNOR BOULEVARD, SUITE 100, IRVING, TX 75039.
From the Filing
0000018230-24-000009.txt : 20240216 0000018230-24-000009.hdr.sgml : 20240216 20240216100513 ACCESSION NUMBER: 0000018230-24-000009 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 159 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240216 DATE AS OF CHANGE: 20240216 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CATERPILLAR INC CENTRAL INDEX KEY: 0000018230 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION MACHINERY & EQUIP [3531] ORGANIZATION NAME: 06 Technology IRS NUMBER: 370602744 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-00768 FILM NUMBER: 24646166 BUSINESS ADDRESS: STREET 1: 5205 N. O'CONNOR BOULEVARD STREET 2: SUITE 100 CITY: IRVING STATE: TX ZIP: 75039 BUSINESS PHONE: 9728917700 MAIL ADDRESS: STREET 1: 5205 N. O'CONNOR BOULEVARD STREET 2: SUITE 100 CITY: IRVING STATE: TX ZIP: 75039 FORMER COMPANY: FORMER CONFORMED NAME: CATERPILLAR TRACTOR CO DATE OF NAME CHANGE: 19860623 10-K 1 cat-20231231.htm 10-K cat-20231231 0000018230 FALSE 2023 FY http://fasb.org/us-gaap/2023#AccountsPayableCurrent http://fasb.org/us-gaap/2023#AccountsPayableCurrent 50 33.33 33.33 33.33 33.33 33.33 33.33 http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#Revenues http://fasb.org/us-gaap/2023#Revenues http://fasb.org/us-gaap/2023#Revenues 0000018230 2023-01-01 2023-12-31 0000018230 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0000018230 cat:A5.3DebenturesDueSeptember152035Member 2023-01-01 2023-12-31 0000018230 2023-06-30 iso4217:USD 0000018230 2023-12-31 xbrli:shares 0000018230 cat:MachineryEnergyTransportationMember 2023-01-01 2023-12-31 0000018230 cat:MachineryEnergyTransportationMember 2022-01-01 2022-12-31 0000018230 cat:MachineryEnergyTransportationMember 2021-01-01 2021-12-31 0000018230 cat:FinancialProductsMember 2023-01-01 2023-12-31 0000018230 cat:FinancialProductsMember 2022-01-01 2022-12-31 0000018230 cat:FinancialProductsMember 2021-01-01 2021-12-31 0000018230 2022-01-01 2022-12-31 0000018230 2021-01-01 2021-12-31 0000018230 cat:AllOtherExcludingFinancialProductsMember 2023-01-01 2023-12-31 0000018230 cat:AllOtherExcludingFinancialProductsMember 2022-01-01 2022-12-31 0000018230 cat:AllOtherExcludingFinancialProductsMember 2021-01-01 2021-12-31 iso4217:USD xbrli:shares 0000018230 2022-12-31 0000018230 cat:MachineryEnergyTransportationMember 2023-12-31 0000018230 cat:MachineryEnergyTransportationMember 2022-12-31 0000018230 cat:FinancialProductsMember 2023-12-31 0000018230 cat:FinancialProductsMember 2022-12-31 0000018230 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2020-12-31 0000018230 us-gaap:TreasuryStockCommonMember 2020-12-31 0000018230 us-gaap:RetainedEarningsMember 2020-12-31 0000018230 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0000018230 us-gaap:NoncontrollingInterestMember 2020-12-31 0000018230 2020-12-31 0000018230 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0000018230 us-gaap:NoncontrollingInterestMember 2021-01-01 2021-12-31 0000018230 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0000018230 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0000018230 us-gaap:TreasuryStockCommonMember 2021-01-01 2021-12-31 0000018230 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2021-12-31 0000018230 us-gaap:TreasuryStockCommonMember 2021-12-31 0000018230 us-gaap:RetainedEarningsMember 2021-12-31 0000018230 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0000018230 us-gaap:NoncontrollingInterestMember 2021-12-31 0000018230 2021-12-31 0000018230 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0000018230 us-gaap:NoncontrollingInterest