CONSOLIDATED STATEMENTS OF CASH FLOWS UNAUDITED (USD $) In Millions	9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Cash flows from operating activities:
Profit of Consolidated Companies	$ 295	$ 216
Adjustments for non-cash items:
Depreciation and amortization	535	538
Amortization of receivables purchase discount	(157)	(95)
Provision for credit losses	124	160
Gain on sales of receivables	(2)	0
Other, net	(40)	(172)
Changes in assets and liabilities:
Receivables from others	30	53
Other receivables/payables with Caterpillar	7	21
Payable to dealers and others	9	2
Accrued interest payable	(29)	(41)
Accrued expenses and other liabilities, net	(35)	(1)
Income taxes payable	58	(43)
Payments on interest rate swaps	(1)	(1)
Net cash provided by operating activities	794	637
Cash flows from investing activities:
Expenditures for equipment on operating leases and for non-leased equipment	(830)	(677)
Proceeds from disposals of equipment	878	1,046
Additions to finance receivables	(35,196)	(19,168)
Collections of finance receivables	33,329	19,084
Proceeds from sales of receivables	106	13
Net change in variable lending to Caterpillar	55	(186)
Additions to other notes receivable with Caterpillar	(117)	(133)
Collections on other notes receivable with Caterpillar	8	666
Restricted cash and cash equivalents activity, net	84	82
Other, net	4	17
Net cash (used in) provided by investing activities	(1,679)	744
Cash flows from financing activities:
Net change in variable lending from Caterpillar	0	(26)
Proceeds from borrowings with Caterpillar	0	600
Payments on borrowings with Caterpillar	(600)	0
Proceeds from debt issued (original maturities greater than three months)	8,703	5,738
Payments on debt issued (original maturities greater than three months)	(6,080)	(7,972)
Short-term borrowings, net (original maturities three months or less)	(809)	(270)
Dividend paid to Caterpillar	(600)	(600)
Net cash provided by (used in) financing activities	614	(2,530)
Effect of exchange rate changes on cash and cash equivalents	48	(45)
(Decrease) in cash and cash equivalents	(223)	(1,194)
Cash and cash equivalents at beginning of year	1,676	2,536
Cash and cash equivalents at end of period	$ 1,453	$ 1,342
Non-cash activity:
On January 1, 2010, we adopted the provisions of the new consolidation of variable-interest entities accounting guidance, which resulted in the consolidation of qualifying special purpose entities related to our asset-backed securitization program which had previously been recorded off-balance sheet. Please refer to Note 4B.