CAT · 10-Q · 2026Q2 · Full report
Outstanding Indebtedness
CATERPILLAR INC · 2026-08-05 · Importance 54 · Surprise 14 · In source text
Total debt was $45.146 billion at June 30, 2026, up $1.816 billion from year-end 2025. Financial Products debt increased $1.839 billion during the first six months, while MP&E debt decreased $7 million. Consolidated debt included $5.046 billion of short-term borrowings, $8.061 billion of long-term debt due within one year and $32.039 billion of long-term debt due after one year. Fitch and Moody’s maintained high-A ratings and S&P maintained a mid-A rating.
Key facts
- Total debt as of June 30, 2026 was $45.146 billion, an increase of $1.816 billion from year-end 2025. source
- Debt related to Financial Products increased $1.839 billion in the first six months of 2026. source
- Interest expense excluding Financial Products in Q2 2026: $135 million, compared with $126 million in Q2 2025; increase primarily due to higher average debt outstanding. source
- Debt related to MP&E decreased $7 million in the first six months of 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | realized | -1.8% | Total debt as of June 30, 2026 was $45.146 billion, an increase of $1.816 billion from year-end 2025. |