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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
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FORM
8-K
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Current
Report
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Pursuant to
Section 13 or 15(d) of the Securities Exchange Act of 1934
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Date of
Report (Date of earliest event reported): May 20, 2010
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CATERPILLAR
INC.
(Exact name
of registrant as specified in its charter)
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Delaware
(State or
other jurisdiction
of
incorporation)
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1-768
(Commission
File Number)
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37-0602744
(IRS Employer
Identification No.)
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100 NE Adams
Street, Peoria, Illinois
(Address of
principal executive offices)
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61629
(Zip
Code)
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Registrant's
telephone number, including area code: (309)
675-1000
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Former name
or former address, if changed since last
report: N/A
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Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
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o
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
230.425)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Page 1
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* * * * * * *
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
*
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Item
7.01. Regulation FD Disclosure.
Caterpillar Inc.
(“Caterpillar”) is furnishing supplemental information concerning deliveries to
users for its Machinery and Engines lines of business. Caterpillar
sells the majority of its machinery and engines to independently owned and
operated dealers and Original Equipment Manufacturers (“OEMs”) to meet the
demands of their customers, the end users. Due to time delays between
Caterpillar’s sales to dealers and dealers’ deliveries to end users, Caterpillar
believes this information may help readers better understand Caterpillar’s
business and the industries it serves. This information is based on
unaudited reports provided by Caterpillar’s independent dealers and is not
subject to Caterpillar’s internal controls over financial
reporting. This information is furnished under this Report with the
Securities and Exchange Commission. All information provided is
calculated in constant dollars. Caterpillar does not undertake to
update this information.
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* * * * * * *
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
*
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Caterpillar
Inc.
Past 3 Months Dealer
Statistics
Retail Sales of Machines by
marketing region for the 3-month rolling period compared with the same months of
the prior year are:
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Apr.10
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Mar.10
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Feb.10
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Asia/Pacific
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UP
13%
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UP
11%
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DOWN
2%
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EAME*
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DOWN
14%
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DOWN
18%
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DOWN
22%
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Latin America
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DOWN
10%
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DOWN
15%
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DOWN
20%
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ROW*
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DOWN
3%
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DOWN
7%
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DOWN
15%
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North
America
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DOWN
5%
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DOWN
21%
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DOWN
30%
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World
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DOWN
4%
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DOWN
11%
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DOWN
20%
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*EAME (Europe,
Africa and Middle East)
*ROW (rest of the
world - everything except North America)
Sales of Reciprocating & Turbine
Engines to Retail Users & OEMs by business sector for the 3-month
rolling period compared with the same months of the prior year are:
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Apr.10
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Mar.10
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Feb.10
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Electric
Power
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DOWN
14%
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DOWN
28%
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DOWN
26%
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Industrial
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UP
5%
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DOWN
1%
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DOWN
15%
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Marine
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DOWN
35%
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DOWN
22%
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DOWN
23%
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Petroleum
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DOWN
29%
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DOWN
44%
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DOWN
47%
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Total
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DOWN
21%
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DOWN
30%
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DOWN
33%
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Page 2
About Caterpillar
Inc.
For more than 85 years, Caterpillar Inc. has been making
progress possible and driving positive and sustainable change on every
continent. With 2009 sales and revenues of $32.396 billion,
Caterpillar is the world’s leading manufacturer of construction and mining
equipment, diesel and natural gas engines and industrial gas
turbines. The company also is a leading services provider through
Caterpillar Financial Services, Caterpillar Remanufacturing Services,
Caterpillar Logistics Services and Progress Rail Services. More
information is available at: http://www.cat.com.
Forward-Looking
Statements
Certain statements
in this filing relate to future events and expectations and, as such, constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements are subject to known
and unknown factors that may cause actual results of Caterpillar Inc. to be
different from those expressed or implied in the forward-looking statements.
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 Caterpillar does not undertake to update its
forward-looking statements.
It is important to
note that actual results of the company may differ materially from those
described or implied in such forward-looking statements based on a number of
factors, including, but not limited to: (i) economic volatility in the
global economy generally and in capital and credit markets;
(ii) Caterpillar’s ability to generate cash from operations, secure
external funding for operations and manage liquidity needs; (iii) adverse
changes in the economic conditions of the industries or markets Caterpillar
serves; (iv) government regulations or policies, including those affecting
interest rates, liquidity, access to capital and government spending on
infrastructure development; (v) commodity price increases and/or limited
availability of raw materials and component products, including steel;
(vi) compliance costs associated with environmental laws and regulations;
(vii) Caterpillar’s and Cat Financial’s ability to maintain their
respective credit ratings, material increases in either company’s cost of
borrowing or an inability of either company to access capital markets;
(viii) financial condition and credit worthiness of Cat Financial’s
customers; (ix) material adverse changes in our customers’ access to
liquidity and capital; (x) market acceptance of Caterpillar’s products and
services; (xi) effects of changes in the competitive environment, which may
include decreased market share, lack of acceptance of price increases, and/or
negative changes to our geographic and product mix of sales;
(xii) Caterpillar’s ability to successfully implement Caterpillar
Production System or other productivity initiatives; (xiii) international
trade and investment policies, such as import quotas, capital controls or
tariffs; (xiv) failure of Caterpillar or Cat Financial to comply with
financial covenants in their respective credit facilities; (xv) adverse
changes in sourcing practices for our dealers or original equipment
manufacturers; (xvi) additional tax expense or exposure;
(xvii) political and economic risks associated with our global operations,
including changes in laws, regulations or government policies, currency
restrictions, restrictions on repatriation of earnings, burdensome tariffs or
quotas, national and international conflict, including terrorist acts and
political and economic instability or civil unrest in the countries in which
Caterpillar operates; (xviii) currency fluctuations, particularly increases
and decreases in the U.S. dollar against other currencies; (xix) increased
payment obligations under our pension plans; (xx) inability to successfully
integrate and realize expected benefits from acquisitions;
(xxi) significant legal proceedings, claims, lawsuits or investigations;
(xxii) imposition of significant costs or restrictions due to the enactment
and implementation of health care reform legislation and proposed financial
regulation legislation; (xxiii) changes in accounting standards or adoption
of new accounting standards; (xxiv) adverse effects of natural
disasters; and (xxv) other factors described in more detail under “Item
1A. Risk Factors” in Part I of our Form 10-K filed with the SEC on
February 19, 2010 for the year ended December 31, 2009 and in Part II of our
Form 10-Q filed with the SEC on May 3, 2010 for the quarter ended March 31,
2010. These filings are available on our website at
www.cat.com/sec_filings.
Page 3
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SIGNATURES
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Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
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CATERPILLAR
INC.
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May 20,
2010
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By:
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/s/James
B. Buda
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James B.
Buda
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Vice
President, General Counsel and
Secretary
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Page 4