Review: November 18, 2022       5CaterpillarCaterpillar Inc.--Peer Comparisons   
Funds from operations (FFO) 6,221 5,916 3,583 2,770 
Interest 501 316 249 126 
Cash interest paid 478 315 170 126 
Operating cash flow (OCF) 6,822 5,867 3,084 2,413 
Capital expenditure 939 842 1,433 784 
Free operating cash flow (FOCF) 5,883 5,025 1,651 1,629 
Discretionary cash flow (DCF) 883 1,447 1,463 (610)
Consolidated cash and short-term investments 10,218 8,745 6,006 3,187 
Gross available cash 10,218 8,745 5,306 3,187 
Debt 4,541 3,569 1,476 2,142 
Equity 12,076 12,520 3,899 9,401 
EBITDA margin (%) 17.2 19.7 12.8 14.2 
Return on capital (%) 37.9 42.8 40.5 24.9 
EBITDA interest coverage (x) 16.5 25.2 16.3 27.2 
FFO cash interest coverage (x) 14.0 19.8 22.1 23.0 
Debt/EBITDA (x) 0.5 0.4 0.4 0.6 
FFO/debt (%) 137.0 165.8 242.7 129.3 
OCF/debt (%) 150.2 164.4 208.9 112.7 
FOCF/debt (%) 129.5 140.8 111.9 76.1 
DCF/debt (%) 19.5 40.6 99.1 (28.5)