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Caterpillar Inc. (CAT) Bernstein’s 39th Annual Strategic Decisions Conference 2023 (Transcript)

Caterpillar Inc. (NYSE:CAT) Bernstein’s 39th Annual Strategic Decisions Conference 2023 June 1, 2023 2:30 PM ET

Company Participants

Ryan Fiedler – Head of Investor Relations

Jim Umpleby – Chairman and Chief Executive Officer

Conference Call Participants

Chad Dillard – Bernstein

Operator

Hi. Good afternoon, everyone. My name is Chad Dillard. I’m the lead analyst here at Bernstein for the Machinery, Engineering, and Construction sector. And I’m really excited to have Caterpillar here today to have a conversation. And joining me is Jim Umpleby, CEO of Caterpillar and also Ryan Fiedler, the Head of Investor Relations. And so, the way that we’re going to work this is basically like a fireside chat. We’re just going to have a good question-and answer-session. And if you — if those of you on the audience have any questions, please feel free to type it out in the Pigeonhole link, and I’ll be able to ask the questions on your behalf.

But before we get started, let me just hand it over to Ryan to give a little disclosure.

Ryan Fiedler

Thanks, Chad. Really appreciate it. So during today’s meeting, 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 differ from the information we’re sharing with you today. Please refer to our recent SEC filings, and the forward-looking statements reminder in our releases for details on factors that individually or in aggregate could cause our actual results to vary materially from our forecast. Any detailed discussion of the many factors that we believe may have a material effect on our business on an ongoing basis is contained in our SEC filings.

Today’s meeting will also refer to non GAAP numbers. For reconciliation of any non GAAP numbers to the appropriate US GAAP numbers, please

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