Company: Caterpillar Inc.
Ticker: CAT
Form: 10-K
Filed: 2026-02-13
Fiscal Period: {"fp": "FY", "fy": 2025}

Question: What was Caterpillar Inc.'s operating cash flow in fiscal year 2025?
Question Type: value_lookup

Concept: NetCashProvidedByUsedInOperatingActivities
Answer (Numeric): 11739.0
Answer (Display): $11,739 million
Unit: USD millions

Evidence:
[{"chunk_id": "150", "equivalent_chunk_ids": ["150"], "section": "Consolidated Statement of Cash Flow for the Years Ended December 31,", "supports": ["main"], "text": "(Millions of dollars)\nCash flow from operating activities:\nProfit of consolidated and affiliated companies\n8,882\n10,788\n10,332\nAdjustments to reconcile profit to net cash provided by operating activities:\nDepreciation and amortization\n2,262\n2,153\n2,144\nActuarial (gain) loss on pension and postretirement benefits\nProvision (benefit) for deferred income taxes\n(Gain) loss on divestiture\nOther\nChanges in assets and liabilities, net of acquisitions and divestitures:\nReceivables\ntrade and other\n2,138\nInventories\n1,477\nAccounts payable\n1,179\nAccrued expenses\nAccrued wages, salaries and employee benefits\nCustomer advances\n1,933\nOther assets\nnet\nOther liabilities\nnet\nNet cash provided by (used for) operating activities\n11,739\n12,035\n12,885\nCash flow from investing activities:\nCapital expenditures\nexcluding equipment leased to others\n2,821\n1,988\n1,597\nExpenditures for equipment leased to others\n1,465\n1,227\n1,495\nProceeds from disposals of leased assets and property, plant and equipment\nAdditions to finance receivables\n15,329\n15,409\n15,161\nCollections of finance receivables\n13,515\n13,608\n14,034\nProceeds from sale of finance receivables\nInvestments and acquisitions (net of cash acquired)\nProceeds from sale of businesses and investments (net of cash sold)\nProceeds from maturities and sale of securities\n2,494\n3,155\n1,891\nInvestments in securities\n1,930\n1,495\n4,405\nOther\nnet\nNet cash provided by (used for) investing activities\n4,707\n2,453\n5,871\nCash flow from financing activities:\nDividends paid\n2,749\n2,646\n2,563\nCommon stock issued, and other stock compensation transactions, net\nPayments to purchase common stock\n5,190\n7,697\n4,975\nExcise tax paid on purchases of common stock\nProceeds from debt issued (original maturities greater than three months):\n- Machinery, Power & Energy\n1,976\n- Financial Products\n9,129\n10,283\n8,257\nPayments on debt (original maturities greater than three months):\n- Machinery, Power & Energy\n1,032\n- Financial Products\n8,030\n8,284\n6,212\nShort-term borrowings\nnet (original maturities three months or less)\n1,106\n1,345\nOther\nnet\nNet cash provided by (used for) financing activities\n3,899\n9,565\n6,932\nEffect of exchange rate changes on cash\nIncrease (decrease) in cash, cash equivalents and restricted cash\n3,090\nCash, cash equivalents and restricted cash at beginning of period\n6,896\n6,985\n7,013\nCash, cash equivalents and restricted cash at end of period\n9,986\n6,896\n6,985\nCash equivalents primarily represent short-term, highly liquid investments with original maturities of generally three months or less\nSee accompanying notes to Consolidated Financial Statements."}]

Derivation: