8-KRegulation FD

CATERPILLAR INC 8-K Report, Regulation FD Disclosure (Jul 21, 2009)

Filed July 21, 2009For Securities:CAT

Summary

This Form 8-K/A filing by Caterpillar Inc. (CAT) is an amendment to a previous filing and serves to correct a typographical error. The core information provided remains supplemental dealer statistics for the 3-month rolling period ending June 2009 for its Machinery and Engines segments. Investors should note that these are unaudited statistics based on dealer reports, with a time delay between Caterpillar's sales to dealers and dealer deliveries to end users. The data illustrates a continued significant downturn in retail sales across most marketing regions for machinery and across most business sectors for engines, reflecting challenging economic conditions. The only segment showing positive growth was Marine engines, which increased by 15% for the period.

Key Highlights

  • 1Amendment No. 1 to Form 8-K filed to correct a typographical error in the original filing.
  • 2Supplemental, unaudited dealer statistics for June 2009 and the preceding two months are provided for Machinery and Engines lines of business.
  • 3Machinery retail sales show significant year-over-year declines across all marketing regions, with North America experiencing the sharpest drop (down 59% in June).
  • 4Engine retail sales also show substantial declines in most sectors, including Truck & Bus (down 75%) and Industrial (down 43%), with Electric Power also declining (down 33%).
  • 5The Marine engines sector was the sole positive performer, showing a 15% increase in retail sales for the 3-month period.
  • 6The data reflects a considerable contraction in demand for Caterpillar's products, mirroring broader economic slowdowns.
  • 7Caterpillar emphasizes that this information is based on dealer reports and is not subject to internal financial controls.

Frequently Asked Questions

This filing is an Amendment No. 1 to a previous 8-K, primarily to correct a typographical error. It also serves to furnish supplemental, unaudited dealer statistics for June 2009 for Caterpillar's Machinery and Engines businesses.

No, these are unaudited dealer statistics reflecting retail deliveries of machines and engines. They are based on reports from independent dealers and include a time lag, so they are not directly equivalent to Caterpillar's financial results but provide an indicator of market demand.

The overall trend indicates a significant downturn in demand for Caterpillar's products. Retail sales of machinery declined substantially across all regions, and most engine sectors also experienced sharp decreases. This reflects challenging global economic conditions.

Yes, the Marine engines sector showed positive growth, with retail sales increasing by 15% for the 3-month rolling period ending June 2009 compared to the prior year. All other sectors and regions reported declines.