Cat Financial Financing Activities (Tables)

3 Months Ended

Mar. 31, 2012

Cat Financial Financing Activities

Impaired loans and finance leases

	March 31, 2012						December 31, 2011
(Millions of dollars)	RecordedInvestment		UnpaidPrincipalBalance		RelatedAllowance		RecordedInvestment		UnpaidPrincipalBalance		RelatedAllowance
Impaired Loans and Finance Leases With No Allowance Recorded(1)
Customer
North America	$	56	$	55	$	—	$	83	$	80	$	—
Europe	45		44		—		47		46		—
Asia Pacific	4		4		—		4		4		—
Mining	8		8		—		8		8		—
Latin America	4		4		—		9		9		—
Caterpillar Power Finance	214		210		—		175		170		—
Total	$	331	$	325	$	—	$	326	$	317	$	—
Impaired Loans and Finance Leases With An Allowance Recorded
Customer
North America	$	72	$	67	$	15	$	69	$	64	$	15
Europe	44		42		12		36		33		12
Asia Pacific	24		24		5		13		13		3
Mining	13		13		4		13		13		4
Latin America	26		26		6		25		25		6
Caterpillar Power Finance	79		78		12		93		92		16
Total	$	258	$	250	$	54	$	249	$	240	$	56
Total Impaired Loans and Finance Leases
Customer
North America	$	128	$	122	$	15	$	152	$	144	$	15
Europe	89		86		12		83		79		12
Asia Pacific	28		28		5		17		17		3
Mining	21		21		4		21		21		4
Latin America	30		30		6		34		34		6
Caterpillar Power Finance	293		288		12		268		262		16
Total	$	589	$	575	$	54	$	575	$	557	$	56

(1) No related allowance for credit losses due to sufficient collateral value.

	Three Months Ended March 31, 2012				Three Months Ended March 31, 2011
(Millions of dollars)	Average RecordedInvestment		Interest IncomeRecognized		Average RecordedInvestment		Interest IncomeRecognized
Impaired Loans and Finance Leases With No Allowance Recorded(1)
Customer
North America	$	67	$	1	$	84	$	1
Europe	46		—		7		—
Asia Pacific	3		—		5		—
Mining	8		—		8		—
Latin America	6		—		4		—
Caterpillar Power Finance	185		1		211		1
Total	$	315	$	2	$	319	$	2
Impaired Loans and Finance Leases With An Allowance Recorded
Customer
North America	$	72	$	—	$	191	$	2
Europe	40		—		64		1
Asia Pacific	20		1		27		—
Mining	13		—		—		—
Latin America	26		—		47		1
Caterpillar Power Finance	87		—		48		—
Total	$	258	$	1	$	377	$	4
Total Impaired Loans and Finance Leases
Customer
North America	$	139	$	1	$	275	$	3
Europe	86		—		71		1
Asia Pacific	23		1		32		—
Mining	21		—		8		—
Latin America	32		—		51		1
Caterpillar Power Finance	272		1		259		1
Total	$	573	$	3	$	696	$	6

(1) No related allowance for credit losses due to sufficient collateral value.

Investment in loans and finance leases on non-accrual status

(Millions of dollars)	March 31, 2012		December 31, 2011
Customer
North America	$	103	$	112
Europe	56		58
Asia Pacific	33		24
Mining	12		12
Latin America	162		108
Caterpillar Power Finance	157		158
Total	$	523	$	472

Past due loans and finance leases

	March 31, 2012
(Millions of dollars)	31-60		61-90		91+		Total PastDue		Current		TotalFinanceReceivables		91+ StillAccruing
Customer
North America	$	49	$	19	$	106	$	174	$	5,374	$	5,548	$	12
Europe	36		25		61		122		2,185		2,307		13
Asia Pacific	55		33		57		145		2,751		2,896		24
Mining	—		—		12		12		1,660		1,672		—
Latin America	43		24		147		214		2,441		2,655		—
Caterpillar Power Finance	43		55		105		203		2,927		3,130		13
Dealer
North America	—		—		—		—		1,709		1,709		—
Europe	—		—		—		—		56		56		—
Asia Pacific	—		—		—		—		180		180		—
Mining	—		—		—		—		1		1		—
Latin America	—		—		—		—		581		581		—
Total	$	226	$	156	$	488	$	870	$	19,865	$	20,735	$	62

	December 31, 2011
(Millions of dollars)	31-60		61-90		91+		Total Past Due		Current		Total Finance Receivables		91+ StillAccruing
Customer
North America	$	74	$	39	$	111	$	224	$	5,378	$	5,602	$	9
Europe	27		11		57		95		2,129		2,224		10
Asia Pacific	47		23		38		108		2,769		2,877		14
Mining	—		—		12		12		1,473		1,485		—
Latin America	32		15		99		146		2,339		2,485		—
Caterpillar Power Finance	14		16		125		155		2,765		2,920		25
Dealer
North America	—		—		—		—		1,689		1,689		—
Europe	—		—		—		—		57		57		—
Asia Pacific	—		—		—		—		161		161		—
Mining	—		—		—		—		—		—		—
Latin America	—		—		—		—		480		480		—
Caterpillar Power Finance	—		—		—		—		—		—		—
Total	$	194	$	104	$	442	$	740	$	19,240	$	19,980	$	58

Allowance for credit loss activity and recorded investment in finance receivables

	March 31, 2012
(Millions of dollars)	Customer			Dealer		Total
Allowance for Credit Losses:
Balance at beginning of year	$	360		$	6	$	366
Receivables written off	(24		)	—		(24		)
Recoveries on receivables previously written off	13			—		13
Provision for credit losses	18			1		19
Other	2			—		2
Balance at end of period	$	369		$	7	$	376
Allowance for Credit Losses:
Individually evaluated for impairment	$	54		$	—	$	54
Collectively evaluated for impairment	315			7		322
Ending Balance	$	369		$	7	$	376
Recorded Investment in Finance Receivables:
Individually evaluated for impairment	$	589		$	—	$	589
Collectively evaluated for impairment	17,619			2,527		20,146
Ending Balance	$	18,208		$	2,527	$	20,735

	December 31, 2011
(Millions of dollars)	Customer			Dealer		Total
Allowance for Credit Losses:
Balance at beginning of year	$	357		$	5	$	362
Receivables written off	(210		)	—		(210		)
Recoveries on receivables previously written off	52			—		52
Provision for credit losses	167			1		168
Other	(6		)	—		(6		)
Balance at end of year	$	360		$	6	$	366
Allowance for Credit Losses:
Individually evaluated for impairment	$	56		$	—	$	56
Collectively evaluated for impairment	304			6		310
Ending Balance	$	360		$	6	$	366
Recorded Investment in Finance Receivables:
Individually evaluated for impairment	$	575		$	—	$	575
Collectively evaluated for impairment	17,018			2,387		19,405
Ending Balance	$	17,593		$	2,387	$	19,980

Recorded investment of performing and non-performing finance receivables

	March 31, 2012						December 31, 2011
(Millions of dollars)	Customer		Dealer		Total		Customer		Dealer		Total
Performing
North America	$	5,445	$	1,709	$	7,154	$	5,490	$	1,689	$	7,179
Europe	2,251		56		2,307		2,166		57		2,223
Asia Pacific	2,863		180		3,043		2,853		161		3,014
Mining	1,660		1		1,661		1,473		—		1,473
Latin America	2,493		581		3,074		2,377		480		2,857
Caterpillar Power Finance	2,973		—		2,973		2,762		—		2,762
Total Performing	$	17,685	$	2,527	$	20,212	$	17,121	$	2,387	$	19,508
Non-Performing
North America	$	103	$	—	$	103	$	112	$	—	$	112
Europe	56		—		56		58		—		58
Asia Pacific	33		—		33		24		—		24
Mining	12		—		12		12		—		12
Latin America	162		—		162		108		—		108
Caterpillar Power Finance	157		—		157		158		—		158
Total Non-Performing	$	523	$	—	$	523	$	472	$	—	$	472
Performing & Non-Performing
North America	$	5,548	$	1,709	$	7,257	$	5,602	$	1,689	$	7,291
Europe	2,307		56		2,363		2,224		57		2,281
Asia Pacific	2,896		180		3,076		2,877		161		3,038
Mining	1,672		1		1,673		1,485		—		1,485
Latin America	2,655		581		3,236		2,485		480		2,965
Caterpillar Power Finance	3,130		—		3,130		2,920		—		2,920
Total	$	18,208	$	2,527	$	20,735	$	17,593	$	2,387	$	19,980

Schedule of Troubled Debt Restructurings

	Three Months Ended March 31, 2012					Three Months Ended March 31, 2011
(Dollars in millions)	NumberofContracts	Pre-TDROutstanding RecordedInvestment		Post-TDROutstandingRecordedInvestment		NumberofContracts	Pre-TDROutstandingRecordedInvestment		Post-TDROutstandingRecordedInvestment
Customer
North America	23	$	2	$	2	24	$	5	$	5
Europe	7	7		7		1	1		1
Latin America	—	—		—		8	5		5
Caterpillar Power Finance (1),(2)	5	32		32		6	53		53
Total (3)	35	$	41	$	41	39	$	64	$	64

(1) During the three months ended March 31, 2012, $9 million of additional funds were subsequently loaned to a borrower whose terms had been modified in a TDR.  The $9 million of additional funds is not reflected in the table above.   At March 31, 2012, remaining commitments to lend additional funds to a borrower whose terms have been modified in a TDR were $14 million.

(2) Three customers comprise $32 million of the pre-TDR and post-TDR outstanding recorded investment for the three months ended March 31, 2012. Four customers comprise the $53 million pre-TDR and post-TDR outstanding recorded investment for the three months ended March 31, 2011.

(3) Modifications include extended contract maturities, inclusion of interest only periods, below market interest rates, and extended skip payment periods.

Troubled Debt Restructurings modified within twelve months prior to the default date

	Three Months Ended March 31,  2012			Three Months Ended March 31,  2011
(Dollars in millions)	Number ofContracts	Post-TDRRecordedInvestment		Number ofContracts	Post-TDRRecordedInvestment
Customer
North America	11	$	1	34	$	6
Caterpillar Power Finance (1)	14	19		6	5
Total	25	$	20	40	$	11

(1) Two customers comprise the $19 million post-TDR recorded investment for the three months ended March 31, 2012.