CATERPILLAR INC | 2013 | FY | 3


 
 
December 31,
(Millions of dollars)
 
2013
 
2012
 
2011
Machinery and Power Systems:
 
 

 
 

 
 

Notes payable to banks
 
$
16

 
$
484

 
$
93

Notes payable to certain former shareholders of Siwei
 

 
152

 

Commercial paper
 

 

 

 
 
16

 
636

 
93

Financial Products:
 
 

 
 

 
 

Notes payable to banks
 
545

 
418

 
527

Commercial paper
 
2,502

 
3,654

 
2,818

Demand notes
 
616

 
579

 
550

 
 
3,663

 
4,651

 
3,895

Total short-term borrowings
 
$
3,679

 
$
5,287

 
$
3,988

 
 
 
 
 
 
 

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