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Guarantees and product warranty (Tables)
12 Months Ended
Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]  
Guarantees
The maximum potential amount of future payments (undiscounted and without reduction for any amounts that may possibly be recovered under recourse or collateralized provisions) we could be required to make under the guarantees at December 31 are as follows:
 
(Millions of dollars)
 
2013
 
2012
 
2011
Caterpillar dealer guarantees
 
$
193

 
$
180

 
$
140

Customer guarantees
 
62

 
77

 
96

Customer guarantees - supplier consortium
 
364

 

 

Third party logistics business guarantees
 
151

 
176

 

Limited indemnity
 

 

 
11

Other guarantees
 
35

 
53

 
28

Total guarantees
 
$
805

 
$
486

 
$
275

 
 
 
 
 
 
 
Product warranty
(Millions of dollars)
 
2013
 
2012
 
2011
Warranty liability, January 1
 
$
1,477

 
$
1,308

 
$
1,035

Reduction in liability (payments)
 
(938
)
 
(920
)
 
(926
)
Increase in liability (new warranties)
 
828

 
1,089

 
1,199

Warranty liability, December 31
 
$
1,367

 
$
1,477

 
$
1,308