Caterpillar 2011 Annual Report Download - page 66

At-A-Glance 66
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
Forward-Looking Statements
Certain statements in this 2011 Year in Review relate to future events and expectations and are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. Words such as “believe,” “estimate,” “will be,” “will,” “would,” “expect,” “anticipate,” “plan,”
“project,” “intend,” “could,” “should” or other similar words or expressions often identify forward-looking statements. All statements other than
statements of historical fact are forward-looking statements, including, without limitation, statements regarding our outlook, projections, forecasts
or trend descriptions. These statements do not guarantee future performance, and we do not undertake to update our forward-looking statements.
Caterpillar’s actual results may differ materially from those described or implied in our forward-looking statements based on a number of factors,
including, but not limited to: (i) global economic conditions and economic conditions in the industries and markets we serve; (ii) government
monetary or scal policies and infrastructure spending ; (iii) commodity or component price increases and/or limited availability of raw materials
and component products, including steel; (iv) our and our customers’, dealers’ and suppliers’ ability to access and manage liquidity; (v) political
and economic risks and instability, including national or international conflicts and civil unrest; (vi) our and Cat Financial’s ability to: maintain credit
ratings, avoid material increases in borrowing costs, and access capital markets; (vii) the financial condition and creditworthiness of Cat Financial’s
customers; (viii) inability to realize expected benefits from acquisitions and divestitures, including the acquisition of Bucyrus International, Inc.;
(ix) international trade and investment policies; (x) challenges related to Tier 4 emissions compliance; (xi) market acceptance of our products and
services; (xii) changes in the competitive environment, including market share, pricing and geographic and product mix of sales; (xiii) successful
implementation of capacity expansion projects, cost reduction initiatives and efficiency or productivity initiatives, including the Caterpillar Production
System; (xiv) sourcing practices of our dealers or original equipment manufacturers; (xv) compliance with environmental laws and regulations;
(xvi) alleged or actual violations of trade or anticorruption laws and regulations; (xvii) additional tax expense or exposure; (xviii) currency fluctuations;
(xix) our or Cat Financial’s compliance with financial covenants; (xx) increased pension plan funding obligations; (xxi) union disputes or other
employee relations issues; (xxii) significant legal proceedings, claims, lawsuits or investigations; (xxiii) compliance requirements imposed if carbon
emissions legislation and/or regulations are adopted; (xxiv) changes in accounting standards; (xxv) failure or breach of IT security; (xxvi) adverse
effects of natural disasters; and (xxvii) other factors described in more detail under “Item 1A. Risk Factors” in our Form 10-K led with the SEC on
February 21, 2012 for the year ended December 31, 2011. This filing is available on our website at www.caterpillar.com/seclings.
Trademark Information
CAT, CATERPILLAR, their respective logos, “Caterpillar Yellow,” the “PowerEdge” trade dress as well as corporate and product identity used
herein, are trademarks of Caterpillar and may not be used without permission. Cat and Caterpillar are registered trademarks of Caterpillar Inc.,
100 N.E. Adams, Peoria IL 61629.
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