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The income statement presents information on the financial results of a company’s business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.
Caterpillar Inc., Consolidated Income Statement
USD $ in millions
|Sales of Machinery, Energy & Transportation||Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.||Caterpillar Inc.’s sales of Machinery, Energy & Transportation declined from 2015 to 2016 but then increased from 2016 to 2017 not reaching 2015 level.|
|Operating profit||The net result for the period of deducting operating expenses from operating revenues.||Caterpillar Inc.’s operating profit declined from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level.|
|Consolidated profit before taxes||Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.||Caterpillar Inc.’s consolidated profit before taxes declined from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level.|
|Profit (loss) attributable to common stockholders||The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.||Caterpillar Inc.’s profit (loss) attributable to common stockholders declined from 2015 to 2016 but then slightly increased from 2016 to 2017.|