CATERPILLAR INC | 2013 | FY | 3

Reconciliation of consolidated profit before taxes:
 
 
 
 
 
 
(Millions of dollars)
 
Machinery
and Power
Systems
 
Financial
Products
 
Consolidated
Total
2013
 
 

 
 

 
 

Total profit from reportable segments
 
$
6,338

 
$
990

 
$
7,328

All Other operating segment
 
663

 
—

 
663

Cost centers
 
119

 
—

 
119

Corporate costs
 
(1,442
)
 
—

 
(1,442
)
Timing
 
89

 
—

 
89

Methodology differences:
 
 

 
 

 


Inventory/cost of sales
 
(112
)
 
—

 
(112
)
Postretirement benefit expense
 
(685
)
 
—

 
(685
)
Financing costs
 
(469
)
 
—

 
(469
)
Equity in (profit) loss of unconsolidated affiliated companies
 
6

 
—

 
6

Currency
 
(110
)
 
—

 
(110
)
Interest rate swap
 
(1
)
 
—

 
(1
)
Other income/expense methodology differences
 
(238
)
 
—

 
(238
)
Other methodology differences
 
(50
)
 
30

 
(20
)
Total consolidated profit before taxes
 
$
4,108

 
$
1,020

 
$
5,128

 
 
 
 
 
 
 
2012
 
 

 
 

 
 

Total profit from reportable segments
 
$
9,541

 
$
763

 
$
10,304

All Other operating segment
 
1,014

 
—

 
1,014

Cost centers
 
17

 
—

 
17

Corporate costs
 
(1,517
)
 
—

 
(1,517
)
Timing
 
(298
)
 
—

 
(298
)
Methodology differences:
 
 

 
 

 
 

Inventory/cost of sales
 
43

 
—

 
43

Postretirement benefit expense
 
(696
)
 
—

 
(696
)
Financing costs
 
(474
)
 
—

 
(474
)
Equity in (profit) loss of unconsolidated affiliated companies
 
(14
)
 
—

 
(14
)
Currency
 
108

 
—

 
108

Interest rate swap
 
2

 
—

 
2

Other income/expense methodology differences
 
(251
)
 
—

 
(251
)
Other methodology differences
 
(19
)
 
17

 
(2
)
Total consolidated profit before taxes
 
$
7,456

 
$
780

 
$
8,236

 
 
 
 
 
 
 
2011
 
 

 
 

 
 

Total profit from reportable segments
 
$
8,443

 
$
587

 
$
9,030

All Other operating segment
 
837

 
—

 
837

Cost centers
 
14

 
—

 
14

Corporate costs
 
(1,174
)
 
—

 
(1,174
)
Timing
 
(203
)
 
—

 
(203
)
Methodology differences:
 
 

 
 

 
 

Inventory/cost of sales
 
21

 
—

 
21

Postretirement benefit expense
 
(670
)
 
—

 
(670
)
Financing costs
 
(408
)
 
—

 
(408
)
Equity in (profit) loss of unconsolidated affiliated companies
 
24

 
—

 
24

Currency
 
(315
)
 
—

 
(315
)
Interest rate swap
 
(149
)
 
—

 
(149
)
Other income/expense methodology differences
 
(273
)
 
—

 
(273
)
Other methodology differences
 
(42
)
 
33

 
(9
)
Total consolidated profit before taxes
 
$
6,105

 
$
620

 
$
6,725

 
 
 
 
 
 
 


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