CAT · 10-Q · 2026Q2 · Full report

Macroeconomic Factors Impact

CATERPILLAR INC · 2026-08-05 · Importance 17 · Surprise 24

Caterpillar is monitoring global supply-chain disruptions, inflationary costs, labor pressures, and trade-policy impacts. Management identifies transportation, certain components, and raw materials as areas requiring particular attention. The company is working to minimize supply-chain challenges that could affect its ability to meet customer demand and continues to evaluate whether additional actions are necessary.

Key facts

• Other income (expense) in Q2 2026: income of $398 million, compared with income of $84 million in Q2 2025, primarily driven by favorable impacts from foreign currency, total return swap contracts and investment and interest income. source
• Construction Industries expects IIJA to support construction spending with remaining funds to be spent over the next few years. source
• The MD&A explicitly lists the COVID-19 pandemic as an example of a catastrophic event that could affect results. source
• The MD&A refers to Caterpillar's Annual Report on Form 10-K for the fiscal year ended December 31, 2025 as the section entitled "Part I - Item 1A. Risk Factors" may be updated from time to time in Caterpillar's periodic filings with the Securities and Exchange Commission. source