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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
US$ in millions
|Income statement item||Description||The company|
|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 increased from 2017 to 2018 but then slightly decreased from 2018 to 2019.|
|Operating profit||The net result for the period of deducting operating expenses from operating revenues.||Caterpillar Inc.’s operating profit increased from 2017 to 2018 but then slightly decreased from 2018 to 2019.|
|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 increased from 2017 to 2018 but then slightly decreased from 2018 to 2019.|
|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 increased from 2017 to 2018 but then slightly decreased from 2018 to 2019.|