Caterpillar, Inc. (CAT) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.098 2025 earnings call. I'm Alex Kapper, Vice President of Investor Relations. 00:00:05.098 -- 00:00:09.924 Joining me today are Joe Creed, Chief Executive Officer, Andrew Bonfield, Chief Financial 00:00:09.924 -- 00:00:15.031 Officer, Kyle Epley, Senior Vice President of the Global Finance Services Division, 00:00:15.031 -- 00:00:18.375 and Rob Rengel, Senior Director of Investor Relations. 00:00:18.375 -- 00:00:21.740 During our call, we'll be discussing the third quarter earnings release we issued earlier 00:00:21.740 -- 00:00:28.246 today. You can find our slides, the news release, and a webcast replay at investors.caterpillar.com 00:00:28.408 -- 00:00:30.507 under Events and Presentations. 00:00:30.507 -- 00:00:32.770 The content of this call is protected by U.S. 00:00:32.770 -- 00:00:37.817 and international copyright law. Any rebroadcast, retransmission, reproduction, 00:00:37.817 -- 00:00:42.785 or distribution of all or part of this content without Caterpillar's prior written permission 00:00:42.785 -- 00:00:44.727 is prohibited. 00:00:44.727 -- 00:00:48.733 Moving to slide two, during our call today, we'll make forward-looking statements which 00:00:48.733 -- 00:00:53.139 are subject to risks and uncertainties. We'll also make assumptions that could cause 00:00:53.139 -- 00:00:56.865 our actual results to be different from the information we're sharing with you on this 00:00:56.865 -- 00:01:02.059 call. Please refer to our recent SEC filings and the forward-looking statements reminder 00:01:02.059 -- 00:01:07.367 in the news release for details on factors that individually or in aggregate could cause 00:01:07.367 -- 00:01:10.912 our actual results to vary materially from our forecast. 00:01:10.912 -- 00:01:15.439 A detailed d...