Caterpillar Inc.
Industry: Constr. & Agric. Machinery

Caterpillar Inc. operates in three principal lines of business: Machinery, Engines and Financial Products. Machinery is engaged in the design, manufacture and marketing of construction, mining, agricultural and forestry machinery. The Engines segment focuses on the design, manufacture and marketing of engines for Caterpillar Machinery; electric power generation systems; on-highway vehicles and locomotives; marine, petroleum, construction, industrial, agricultural and other applications, and related parts.

Business Summary
Caterpillar Inc. operates in three principal lines of business: Machinery, Engines and Financial Products. The Machinery line of business includes the design, manufacture, marketing and sales of construction, mining and forestry machinery. The Engines segment includes the design, manufacture, marketing and sales of engines for Caterpillar machinery; electric power generation systems; on-highway vehicles and locomotives; marine, petroleum, construction, industrial, agricultural and other applications, and related parts. The Financial products segment consists primarily of Caterpillar Financial Services Corporation (Cat Financial), Caterpillar Insurance Holdings, Inc. (Cat Insurance), Caterpillar Power Ventures Corporation (Cat Power Ventures) and their respective subsidiaries. Caterpillar Logistics Services, Inc. (Cat Logistics) provides supply chain solutions and services to the Company and over 50 companies throughout the world

Financial Summary
CAT manufactures and markets construction and mining equipment, diesel and natural gas engines and industrial turbines, and also provides financing and insurance services. For the 6 months ended 6/30/05, revenues rose 26% to $17.70B. Net income rose 36% to $1.34B. Revenues reflect strong demand from construction markets and the positive effect on revenues of a weak U.S. dollar. Net income also reflects improved operating margins.