Caterpillar Inc., Peoria, Ill., contributed $530 million to its U.S. pension master trust on Nov. 30, the measurement date for the plan, according to a company filing today with the SEC.
"This transaction brings the company's total pension contributions for the last three years to almost $2.3 billion," the filing said. It contributed $560 million to its U.S. fund in 2004.
Caterpillar had $8.7 billion in U.S. pension assets and $9.5 billion in accumulated benefit obligation as of Nov. 30, 2004, according to a Feb. 24 filing.
In a Nov. 4 filing, the company said it had "no ERISA funding requirements in 2005" and did not expect "to make any significant contributions to our U.S. pension plans this year." That filing noted, however, that "the funded status of our pension plans has declined during 2005."