Segment Information (Tables)

9 Months Ended

Sep. 30, 2020

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


(Millions of dollars) 2020	External Revenues		Profit before income taxes		Interest Expense		Depreciation on equipment leased to others		Provision for credit losses		Assets at September 30, 2020		Capital expenditures
North America	$	314	$	81	$	72	$	116	$	7	$	14,686	$	206
EAME	70		(3)		7		16		31		4,968		10
Asia/Pacific	83		38		20		1		9		4,444		1
Latin America	50		19		12		3		4		2,630		3
Caterpillar Power Finance	12		(25)		7		—		25		1,394		16
Mining	68		20		14		33		(5)		2,572		41
Total Segments	597		130		132		169		71		30,694		277
Unallocated	5		(76)		59		—		(1)		1,613		3
Timing	(4)		(1)		—		—		—		11		—
Methodology	—		43		(54)		—		—		(161)		—
Inter-segment Eliminations (1)	—		—		—		—		—		(392)		—
Total	$	598	$	96	$	137	$	169	$	70	$	31,765	$	280

2019	External Revenues		Profit before income taxes		Interest Expense		Depreciation on equipment leased to others		Provision for credit losses		Assets at December 31, 2019		Capital expenditures
North America	$	412	$	126	$	99	$	146	$	3	$	15,496	$	265
EAME	70		13		12		16		5		4,918		21
Asia/Pacific	90		42		25		3		6		4,540		(1)
Latin America	64		19		24		4		3		2,809		2
Caterpillar Power Finance	23		9		10		1		(3)		1,673		—
Mining	82		14		18		35		6		2,966		99
Total Segments	741		223		188		205		20		32,402		386
Unallocated	14		(87)		66		—		—		1,896		2
Timing	(7)		(4)		—		—		—		16		—
Methodology	—		52		(56)		—		—		(216)		—
Inter-segment Eliminations (1)	—		—		—		—		—		(405)		—
Total	$	748	$	184	$	198	$	205	$	20	$	33,693	$	388

(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) 2020	External Revenues		Profit before income taxes		Interest Expense		Depreciation on equipment leased to others		Provision for credit losses		Assets at September 30, 2020		Capital expenditures
North America	$	1,052	$	218	$	253	$	399	$	54	$	14,686	$	647
EAME	203		27		30		47		44		4,968		23
Asia/Pacific	251		113		70		6		23		4,444		6
Latin America	151		27		56		9		23		2,630		7
Caterpillar Power Finance	49		(34)		21		—		48		1,394		16
Mining	224		27		45		103		26		2,572		75
Total Segments	1,930		378		475		564		218		30,694		774
Unallocated	20		(210)		161		—		(1)		1,613		9
Timing	(16)		(3)		—		—		—		11		—
Methodology	—		147		(174)		—		—		(161)		—
Inter-segment Eliminations (1)	—		—		—		—		—		(392)		—
Total	$	1,934	$	312	$	462	$	564	$	217	$	31,765	$	783

2019	External Revenues		Profit before income taxes		Interest Expense		Depreciation on equipment leased to others		Provision for credit losses		Assets at December 31, 2019		Capital expenditures
North America	$	1,224	$	373	$	294	$	434	$	12	$	15,496	$	831
EAME	211		58		38		50		2		4,918		62
Asia/Pacific	277		128		81		9		14		4,540		9
Latin America	181		25		70		13		31		2,809		9
Caterpillar Power Finance	78		(40)		34		2		65		1,673		—
Mining	245		41		54		103		20		2,966		171
Total Segments	2,216		585		571		611		144		32,402		1,082
Unallocated	48		(253)		195		—		—		1,896		11
Timing	(23)		(13)		—		—		—		16		—
Methodology	—		148		(167)		—		—		(216)		—
Inter-segment Eliminations (1)	—		—		—		—		—		(405)		—
Total	$	2,241	$	467	$	599	$	611	$	144	$	33,693	$	1,093

(1) Elimination is primarily related to intercompany loans.