Segment Information (Tables)

9 Months Ended

Sep. 30, 2018

Supplemental segment data and reconciliations to consolidated external reporting for the three months ended September 30 was as follows:



(Millions of dollars) 2018	External Revenues			Profit before income taxes			Interest Expense			Depreciation on equipment leased to others		Provision for credit losses			Assets at September 30, 2018			Capital expenditures
North America	$	402		$	121		$	94		$	148	$	7		$	15,559		$	204
Europe	69			12			12			17		8			4,663			20
Asia/Pacific	92			44			29			4		—			4,477			3
Latin America	61			15			23			6		6			2,936			1
Caterpillar Power Finance	33			(21		)	13			1		34			2,502			—
Mining	64			19			15			32		(7		)	2,186			67
Total Segments	721			190			186			208		48			32,323			295
Unallocated	23			(72		)	62			—		(1		)	1,923			3
Timing	(9		)	6			—			—		—			70			—
Methodology	—			39			(54		)	—		—			(152		)	—
Inter-segment Eliminations ⁽¹⁾	—			—			—			—		—			(327		)	—
Total	$	735		$	163		$	194		$	208	$	47		$	33,837		$	298

2017	External Revenues			Profit before income taxes			Interest Expense			Depreciation on equipment leased to others		Provision for credit losses			Assets at December 31, 2017			Capital expenditures
North America	$	338		$	90		$	77		$	130	$	11		$	14,790		$	187
Europe	68			20			9			19		2			4,332			25
Asia/Pacific	68			25			22			5		1			4,214			2
Latin America	61			(16		)	30			10		17			3,407			6
Caterpillar Power Finance	40			18			11			—		3			2,746			—
Mining	71			12			12			36		4			2,399			88
Total Segments	646			149			161			200		38			31,888			308
Unallocated	35			(47		)	50			—		—			1,719			—
Timing	(8		)	(13		)	—			1		10			53			—
Methodology	—			37			(42		)	—		—			(256		)	—
Inter-segment Eliminations ⁽¹⁾	—			—			—			—		—			(244		)	—
Total	$	673		$	126		$	169		$	201	$	48		$	33,160		$	308

⁽¹⁾ Elimination is primarily related to intercompany loans.

Supplemental segment data and reconciliations to consolidated external reporting for the nine months ended September 30 was as follows:



(Millions of dollars) 2018	External Revenues			Profit before income taxes			Interest Expense			Depreciation on equipment leased to others		Provision for credit losses			Assets at September 30, 2018			Capital expenditures
North America	$	1,141		$	321		$	267		$	427	$	32		$	15,559		$	870
Europe	208			24			35			56		32			4,663			56
Asia/Pacific	269			128			84			14		(5		)	4,477			10
Latin America	193			(1		)	77			21		54			2,936			28
Caterpillar Power Finance	98			(60		)	40			2		98			2,502			—
Mining	196			35			45			95		1			2,186			131
Total Segments	2,105			447			548			615		212			32,323			1,095
Unallocated	68			(204		)	182			1		(1		)	1,923			97
Timing	(25		)	12			—			—		7			70			—
Methodology	—			132			(172		)	—		—			(152		)	—
Inter-segment Eliminations ⁽¹⁾	—			—			—			—		—			(327		)	—
Total	$	2,148		$	387		$	558		$	616	$	218		$	33,837		$	1,192

2017	External Revenues			Profit before income taxes			Interest Expense			Depreciation on equipment leased to others		Provision for credit losses			Assets at December 31, 2017			Capital expenditures
North America	$	989		$	262		$	224		$	388	$	25		$	14,790		$	722
Europe	200			62			27			60		—			4,332			71
Asia/Pacific	197			73			64			19		(5		)	4,214			5
Latin America	216			(6		)	92			31		46			3,407			48
Caterpillar Power Finance	119			54			32			2		10			2,746			—
Mining	213			57			37			107		(5		)	2,399			168
Total Segments	1,934			502			476			607		71			31,888			1,014
Unallocated	100			(128		)	139			—		—			1,719			4
Timing	(23		)	(20		)	—			1		11			53			—
Methodology	—			103			(116		)	—		—			(256		)	—
Inter-segment Eliminations ⁽¹⁾	—			—			—			—		—			(244		)	—
Total	$	2,011		$	457		$	499		$	608	$	82		$	33,160		$	1,018

⁽¹⁾ Elimination is primarily related to intercompany loans.