Caterpillar Inc. (NYSE:CAT) Q3 2023 Earnings Call Transcript October 31, 2023 8:30 AM ET

Company Participants

Ryan Fiedler - VP of IR

Jim Umpleby - Chairman and CEO

Andrew Bonfield - CFO

Conference Call Participants

Michael Feniger - Bank of America

Tami Zakaria - JP Morgan

Rob Wertheimer - Melius Research

David Raso - Evercore

Steven Fisher - UBS

Tim Thein - Citigroup

Nicole DeBlase - Deutsche Bank

Chad Dillard - Bernstein

Kristen Owen - Oppenheimer

Mig Dobre - Baird

Mike Shlisky - D.A. Davidson

Jerry Revich - Goldman Sachs

Steve Volkmann - Jefferies

Operator

Ladies and gentlemen, welcome to the Third Quarter 2023 Caterpillar Earnings Conference Call. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Ryan Fiedler. Thank you, and please go ahead.

Ryan Fiedler

Thanks, Abby. Good morning, everyone, and welcome to Caterpillar's third quarter of 2023 earnings call. I'm Ryan Fiedler, Vice President of Investor Relations. Joining me today are Jim Umpleby, Chairman and CEO; Andrew Bonfield, Chief Financial Officer; Kyle Epley, Senior Vice President of the Global Finance Services Division; and Rob Rengel, Senior IR Manager.

During our call, we'll be discussing the third quarter earnings release we issued earlier today. You can find our slides, the news release, and a webcast recap at investors.caterpillar.com under Events and Presentations. The content of this call is protected by US and international copyright law. Any rebroadcast, retransmission, reproduction, or distribution of all or part of this content without Caterpillar's prior written permission is prohibited.

Moving to Slide 2. During our call today, we'll make forward-looking statements, which are subject to risks and uncertainties. We'll also make assumptions that could cause our actual results to be different than the information we're sharing with you on this call. Please refer to our recent SEC filings, and the forward-looking statements reminder in the news release for details on factors that individually, or in aggregate, could cause our actual results to vary materially from our forecast. A detailed discussion of our many factors that we believe may have a material effect on our business, on an ongoing basis, is contained in our SEC filings.

On today's call, we'll also refer to non-GAAP numbers. For a reconciliation of any non-GAAP numbers to the appropriate US GAAP numbers, please see the appendix of the earnings call slides.

Now, let's turn to Slide 3, and turn the call over to our Chairman and CEO, Jim Umpleby.