CAT · 10-Q · 2026Q2 · Full report

Capital Expenditure Outlook

CATERPILLAR INC · 2026-08-05 · Importance 59 · Surprise 32 · In source text

Caterpillar invested $1.313 billion in capital expenditures during the first six months of 2026, compared with $1.287 billion in the first six months of 2025. MP&E capital expenditures are expected to be approximately $3.5 billion for full-year 2026. MP&E free cash flow increased to $5.698 billion from $2.575 billion, based on $7.011 billion of operating cash flow less $1.313 billion of capital expenditures. Pension and other postretirement contributions totaled $282 million through June 2026, with approximately $360 million expected for the full year.

Key facts

• Company expects capital expenditures of approximately $3.5 billion in 2026. source
• We expect MP&E’s capital expenditures in 2026 to be about $3.5 billion. source
• Capital expenditures were $1.313 billion during the first six months of 2026, compared to $1.287 billion for the same period in 2025. source

Impact estimates