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Cat Financial Financing Activities (Details 7) (USD $)
In Millions, unless otherwise specified
12 Months Ended 3 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Jun. 30, 2009
Asset-backed securities
Dec. 31, 2009
Asset-backed securities
M
Dec. 31, 2010
Asset-backed securities
Dec. 31, 2009
Asset-backed securities
Maximum
Dec. 31, 2009
Asset-backed securities
Minimum
Finance Receivables                
Restricted assets of consolidated VIE     $ 324     $ 136    
Restricted liabilities of consolidated VIE     327     73    
Amount deposited in supplemental reserve accounts to maintain credit rating       80        
Outstanding retained interests of retail finance receivables, at fair value         102      
Outstanding retained interests of retail finance receivables, at cost         107      
Retained interests in a continuous unrealized loss position for twelve months or longer, at fair value         102      
Retained interests in a continuous unrealized loss position for twelve months or longer, at cost         107      
Cash flow weighted-average discount rates on retained interests (as a percent)             12.40% 7.70%
Weighted-average maturity (in months)         22      
Expected prepayment rate (as a percent)         18.00%      
Expected credit losses (as a percent)             4.80% 4.70%
Characteristics of securitized retail receivables:                
Total securitized principal balance at December 31,         346      
Average securitized principal balance for the year ended December 31,         583      
Loans > 30 days past due at year ended December 31,         62      
Net credit losses during the year         36      
Cash flows from retail securitizations:                
Purchases of contracts through clean-up calls         95      
Servicing fees received         6      
Other cash flows received on retained interests         10      
Other than temporary impairment losses                
Portion of losses recognized in Accumulated other comprehensive income (loss) before taxes         12      
Net impairment losses recognized in earnings $ 5 $ 3 $ 12   $ 34