Caterpillar 2011 Annual Report Download - page 65

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At-A-Glance 65
WHAT THE WORLD NEEDS | 2011 YEAR IN REVIEW
Chairman’s
Message
Construction
Industries
Customer &
Dealer Support
Financial Products &
Corporate Services
The Caterpillar
Foundation Leadership Performance
Resource
Industries
Energy &
Power Systems
(dollars in millions except per share data)
Years ended December 31, 2011 2010 2009 2008 2007
Sales and revenues $ 60,138 $42,588 $32,396 $ 51,324 $44,958
Sales $ 57,392 $39,867 $29,540 $ 48,044 $41,962
Percent inside the United States 30% 32% 31% 33% 37%
Percent outside the United States 70% 68% 69% 67% 63%
Revenues $ 2,746 $ 2,721 $ 2,856 $ 3,280 $ 2,996
Profit4 $ 4,928 $ 2,700 $ 895 $ 3,557 $ 3,541
Profit per common share 1 $ 7.64 $ 4.28 $ 1.45 $ 5.83 $ 5.55
Profit per common share – diluted 2 $ 7.40 $ 4.15 $ 1.43 $ 5.66 $ 5.37
Dividends declared per share of common stock $ 1.820 $ 1.740 $ 1.680 $ 1.620 $ 1.380
Return on average common stockholders’ equity 3, 5 41.4% 27.4% 11.9% 46.8% 44.4%
Capital expenditures:
Property, plant and equipment $ 2,515 $ 1,575 $ 1,504 $ 2,320 $ 1,682
Equipment leased to others $ 1,409 $ 1,011 $ 968 $ 1,566 $ 1,340
Depreciation and amortization $ 2,527 $ 2,296 $ 2,336 $ 1,980 $ 1,797
Research and development expenses $ 2,297 $ 1,905 $ 1,421 $ 1,728 $ 1,404
As a percent of sales and revenues 3.8% 4.5% 4.4% 3.4% 3.1%
Wages, salaries and employee benefits $ 10,994 $ 9,187 $ 7,416 $ 9,076 $ 8,331
Average number of employees 113,620 98,554 99,359 106,518 97,444
December 31,
Total assets $ 81,446 $64,020 $60,038 $ 67,782 $56,132
Long-term debt due after one year:
Consolidated $ 24,944 $20,437 $21,847 $ 22,834 $17,829
Machinery and Power Systems $ 8,415 $ 4,505 $ 5,652 $ 5,736 $ 3,639
Financial Products $ 16,529 $15,932 $16,195 $ 17,098 $14,190
Total debt:
Consolidated $ 34,592 $28,418 $31,631 $ 35,535 $28,429
Machinery and Power Systems $ 9,066 $ 5,204 $ 6,387 $ 7,824 $ 4,006
Financial Products $ 25,526 $23,214 $25,244 $ 27,711 $24,423
1. Computed on weighted-average number of shares outstanding.
2. Computed on weighted-average number of shares outstanding diluted by assumed exercise of stock-based compensation awards, using the treasury
stock method.
3. Represents profit divided by average stockholders’ equity (beginning of year stockholders’ equity plus end of year stockholders’ equity divided by two).
4. Profit attributable to common stockholders.
5. Effective January 1, 2009, we changed the manner in which we accounted for noncontrolling interests. Prior periods have been revised, as applicable.
FIVE-YEAR FINANCIAL SUMMARY