BRIEF: For the three months ended 31 March 2013, Caterpillar Inc. revenues decreased 17% to $13.21B. Net income decreased 45% to $880M. Revenues reflect Resource Industries segment decrease of 23% to $3.68B, Construction Industries segment decrease of 17% to $4.2B, North America segment decrease of 20% to $4.87B, Asia/Pacific segment decrease of 21% to $3.17B. Net income also reflects Selling.
Common Stock $1 Par, 03/11, 900M auth., 814,894,624 issd., less 170,442,604 shs. in Treas. @ $10.3B. Insiders own 0.28%. PO 5/83, 5,000,000 shares @ $47.25 by Merrill Lynch Capital Markets. 7/05, 9/94 & 7/97, 2-for-1 stock splits. FY'02-'03 Q's are CLA. FY'04 Q's are being RES. 6/04 Q = 6 months. FY'04 Summ. Q's reflect RES.
Caterpillar Inc. (Caterpillar) is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. It operates in two segments: Machinery and Power Systems, and Financial Products. Machinery and Power Systems represents a total of Construction Industries, Resource Industries, Power Systems and All Other segments and related corporate items and eliminations. Financial Products includes the Company’s Financial Products Segment. This category includes Cat Financial and Caterpillar Insurance Holdings Inc. Effective March 1, 2012, it announced that Caterpillar Japan Ltd. acquired Caterpillar Tohoku Ltd. In August 2012, Platinum Equity, LLC. acquired a majority interest in Caterpillar Logistics Services. Caterpillar will retain a 35% interest in the business. In October 2012, Finning International Inc acquired from Caterpillar of the former Bucyrus distribution and support business in its dealership territory.