A global strategic player
For 80 years, caterpillar INC. Has been building the world's infrastructure and, in partnership with its worldwide dealer network, is driving positive and sustainable change on every continent. With 2004 sales and revenues of $30.25 billion, caterpillar is a technology leader and the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines.

In 2004, caterpillar posted sales and revenues of $30.25 billion and a profit of $2.03 billion. Approximately half of all sales were to customers outside of the United States, maintaining caterpillar's position as a global supplier and leading u. S. Exporter.

Caterpillar products and components are manufactured in 49 u. S. Facilities and in 59 other locations in 22 countries around the globe.

Caterpillar invested nearly $928 million in research and technology in 2004. Worldwide, our employees earned more than 3900 patents since 1997.

6 sigma
The long-term payoff of 6 sigma will be seen as we develop future leaders who are prepared to address the increasingly complex issues that face us as an industry leader. More than 30,000 employees are involved in 6 sigma and are helping to shape the caterpillar of tomorrow.

Caterpillar dealer network
Caterpillar's global dealer network provides a key competitive edge - customers deal with people they know and trust. Almost all dealerships are independent and locally owned. Many have relationships with their customers that span at least two generations. Cat dealers serve equipment, service and financing needs for customers in more than 200 countries. Rental services are offered through more than 1,400 outlets worldwide.

Corporate governance
Caterpillar's reputation for integrity is a fundamental part of our heritage and one of our most valuable assets. Visit the corporate governance section for a reliable source for the corporate governance practices our board has in place to ensure we are building on caterpillar's sound reputation. As an industry leader, we recognize our responsibility to help restore confidence in corporate America, and we consider ourselves a leader for corporate governance practices.

Financial strength
Caterpillar is financially strong - able to fund product programs for future customer needs, provide financing for dealers and customers, and reward its shareholders. We continue to generate significant net free cash flow enabling investments in strategic growth opportunities.

Social responsibility
Caterpillar's reputation for making a difference in the world is something we are proud of as a company. In response to the Asian tsunami disaster, caterpillar and its dealers provided machines, money and resources for relief and recovery efforts. Caterpillar is also proud to be the lead corporate donor in the nature conservancy's great rivers partnership project. And cat has once again been named to the dow jones sustainability world index.

Shareholder value
Caterpillar is committed to generating attractive returns for our shareholders. Strategic growth initiatives involving our machine, engine and service businesses are expected to drive attractive stockholder returns for years to come. Caterpillar's quarterly dividend has grown nearly 1000% in the last decade on split-adjusted basis. In addition, we have repurchased approximately 77 million shares since june of 1995.

Financial data

2004 2003 2002
Sales and revenues $30,251 $22,763 $20,152
Profit $2,035 $1,099 $798
Profit per share (diluted) $5.75 $3.13 $2.30
Employment 76,920 69,169 68,990
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