Exhibit

EXHIBIT 25.1

Registration Statement No. 333‑

_____________________________________________________________________________

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

__________________________

FORM T-1

STATEMENT OF ELIGIBILITY UNDER

THE TRUST INDENTURE ACT OF 1939 OF A

CORPORATION DESIGNATED TO ACT AS TRUSTEE

Check if an Application to Determine Eligibility of

a Trustee Pursuant to Section 305(b)(2)

_______________________________________________________

U.S. BANK NATIONAL ASSOCIATION

(Exact name of Trustee as specified in its charter)

31-0841368

I.R.S. Employer Identification No.



800 Nicollet Mall Minneapolis, Minnesota	55402
(Address of principal executive offices)	(Zip Code)

Richard Prokosch
Vice President
U.S. Bank National Association
Global Corporate Trust Services
Mailcode: EP-MN-WS3C
60 Livingston Avenue
St. Paul MN 55107-2292
phone (651) 466-6619
(Name, address and telephone number of agent for service)

CATERPILLAR INC.

(Issuer with respect to the Securities)



Delaware	37-0602744
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)



510 Lake Cook Road, Suite 100 Deerfield, Illinois	60015
(Address of Principal Executive Offices)	(Zip Code)

Debt Securities

(Title of the Indenture Securities)

FORM T-1

Item 1. GENERAL INFORMATION. Furnish the following information as to the Trustee.


a)	Name and address of each examining or supervising authority to which it is subject.

Comptroller of the Currency

Washington, D.C.

b) Whether it is authorized to exercise corporate trust powers.

Yes

Item 2. AFFILIATIONS WITH OBLIGOR. If the obligor is an affiliate of the Trustee, describe each such affiliation.

None


Items 3-15	Items 3-15 are not applicable because to the best of the Trustee's knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee. In addition, the Trustee is not a foreign trustee.

Item 16. LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification.

1. A copy of the Articles of Association of the Trustee.*

2. A copy of the certificate of authority of the Trustee to commence business, attached as Exhibit 2.

3. A copy of the certificate of authority of the Trustee to exercise corporate trust powers, attached as Exhibit 3.

4. A copy of the existing bylaws of the Trustee.**

5. A copy of each Indenture referred to in Item 4. Not applicable.

6. The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.

7. Report of Condition of the Trustee as of June 30, 2018 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

* Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.

** Incorporated by reference to Exhibit 25.1 to registration statement on form S-3ASR, Registration Number 333-199863 filed on November 5, 2014.

SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of St. Paul, State of Minnesota on the 1st of November, 2018.



	By:	/s/ Richard Prokosch
		Richard Prokosch
		Vice President

Exhibit 2

Exhibit 3

Exhibit 6

CONSENT

In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

Dated: November 1, 2018



	By:	/s/ Richard Prokosch
		Richard Prokosch
		Vice President



Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 6/30/2018
($000’s)
						6/30/2018
	Assets
			Cash and Balances Due From			$ 18,933,741
					Depository Institutions
			Securities			111,465,209
			Federal Funds			92,722
			Loans & Lease Financing Receivables			279,066,037
			Fixed Assets			3,726,559
			Intangible Assets			13,023,820
			Other Assets			26,714,957
			Total Assets			$453,023,045

	Liabilities
		Deposits				$350,952,197
		Fed Funds				2,497,543
		Treasury Demand Notes				0
		Trading Liabilities				904,426
		Other Borrowed Money				34,319,863
		Acceptances				0
		Subordinated Notes and Debentures				3,300,000
		Other Liabilities				13,252,394
		Total Liabilities				$405,226,423

	Equity
		Common and Preferred Stock				18,200
		Surplus				14,266,915
		Undivided Profits				32,711,429
		Minority Interest in Subsidiaries				800,078
				Total Equity Capital		$47,796,622

	Total Liabilities and Equity Capital					$453,023,045