10-Q Filing

CUMMINS INC CIK: 26172 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0000026172-18-000045`
Period End Date	20180930
Filing Date	20181030
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	cmi2018q310-qdoc_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 92 Cash Flow Statement 84 Stockholders Equity 32 Comprehensive Income 36

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Accrued Liabilities, Current	`AccruedLiabilitiesCurrent`	$834.00M	USD	Point-in-time
Accrued Liabilities, Current	`AccruedLiabilitiesCurrent`	$915.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$2.50	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$2.50	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	222.40M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	222.40M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.22B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	56.70M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	61.90M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.12B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.29B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.37B	USD	Point-in-time
Common stock held by employee benefits trust, shares	`CommonStockSharesHeldInEmployeeTrustShares`	500,000.00	shares	Point-in-time
Marketable securities (Note 7)	`AvailableForSaleSecuritiesCurrent`	$198.00M	USD	Point-in-time
Marketable securities (Note 7)	`AvailableForSaleSecuritiesCurrent`	$185.00M	USD	Point-in-time
Common stock held by employee benefits trust, shares	`CommonStockSharesHeldInEmployeeTrustShares`	500,000.00	shares	Point-in-time
Total cash, cash equivalents and marketable securities	`CashCashEquivalentsAndShortTermInvestments`	$1.41B	USD	Point-in-time
Total cash, cash equivalents and marketable securities	`CashCashEquivalentsAndShortTermInvestments`	$1.57B	USD	Point-in-time
Trade and other	`AccountsNotesAndLoansReceivableNetCurrent`	$3.31B	USD	Point-in-time
Trade and other	`AccountsNotesAndLoansReceivableNetCurrent`	$3.67B	USD	Point-in-time
Nonconsolidated equity investees	`DueFromRelatedPartiesCurrent`	$307.00M	USD	Point-in-time
Nonconsolidated equity investees	`DueFromRelatedPartiesCurrent`	$259.00M	USD	Point-in-time
Inventories (Note 8)	`InventoryNet`	$3.17B	USD	Point-in-time
Inventories (Note 8)	`InventoryNet`	$3.83B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$696.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$577.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.86B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$8.93B	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$8.06B	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$8.08B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$4.21B	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$4.13B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$3.87B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$3.93B	USD	Point-in-time
Investments and advances related to equity method investees	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$1.16B	USD	Point-in-time
Investments and advances related to equity method investees	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$1.25B	USD	Point-in-time
Goodwill	`Goodwill`	$1.08B	USD	Point-in-time
Goodwill	`Goodwill`	$1.11B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$973.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$950.00M	USD	Point-in-time
Pension assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$1.04B	USD	Point-in-time
Pension assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$1.02B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$966.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$922.00M	USD	Point-in-time
Total assets	`Assets`	$18.99B	USD	Point-in-time
Total assets	`Assets`	$18.07B	USD	Point-in-time
Accounts payable (principally trade)	`AccountsPayableCurrent`	$2.58B	USD	Point-in-time
Accounts payable (principally trade)	`AccountsPayableCurrent`	$2.98B	USD	Point-in-time
Loans payable (Note 9)	`ShortTermBankLoansAndNotesPayable`	$57.00M	USD	Point-in-time
Loans payable (Note 9)	`ShortTermBankLoansAndNotesPayable`	$61.00M	USD	Point-in-time
Commercial paper (Note 9)	`CommercialPaper`	$298.00M	USD	Point-in-time
Commercial paper (Note 9)	`CommercialPaper`	$800.00M	USD	Point-in-time
Accrued compensation, benefits and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$811.00M	USD	Point-in-time
Accrued compensation, benefits and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$576.00M	USD	Point-in-time
Current portion of accrued product warranty (Note 10)	`ProductWarrantyAccrualClassifiedCurrent`	$624.00M	USD	Point-in-time
Current portion of accrued product warranty (Note 10)	`ProductWarrantyAccrualClassifiedCurrent`	$454.00M	USD	Point-in-time
Current portion of deferred revenue (Notes 3 & 10)	`DeferredRevenueCurrent`	$500.00M	USD	Point-in-time
Current portion of deferred revenue (Notes 3 & 10)	`DeferredRevenueCurrent`	$500.00M	USD	Point-in-time
Current maturities of long-term debt (Note 9)	`LongTermDebtCurrent`	$63.00M	USD	Point-in-time
Current maturities of long-term debt (Note 9)	`LongTermDebtCurrent`	$41.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.68B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.42B	USD	Point-in-time
Long-term debt (Note 9)	`LongTermDebtAndCapitalLeaseObligations`	$1.56B	USD	Point-in-time
Long-term debt (Note 9)	`LongTermDebtAndCapitalLeaseObligations`	$1.59B	USD	Point-in-time
Postretirement benefits other than pensions	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$281.00M	USD	Point-in-time
Postretirement benefits other than pensions	`OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent`	$289.00M	USD	Point-in-time
Pensions	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$330.00M	USD	Point-in-time
Pensions	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$331.00M	USD	Point-in-time
Other liabilities and deferred revenue (Notes 3, 10 & 11)	`OtherLiabilitiesAndDeferredRevenueNoncurrent`	$2.34B	USD	Point-in-time
Other liabilities and deferred revenue (Notes 3, 10 & 11)	`OtherLiabilitiesAndDeferredRevenueNoncurrent`	$2.03B	USD	Point-in-time
Total liabilities	`Liabilities`	$10.93B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.91B	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $2.50 par value, 500 shares authorized, 222.4 and 222.4 shares issued	`CommonStockValueOutstanding`	$2.15B	USD	Point-in-time
Common stock, $2.50 par value, 500 shares authorized, 222.4 and 222.4 shares issued	`CommonStockValueOutstanding`	$2.21B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$11.46B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$12.52B	USD	Point-in-time
Treasury stock, at cost, 61.9 and 56.7 shares	`TreasuryStockValue`	$4.91B	USD	Point-in-time
Treasury stock, at cost, 61.9 and 56.7 shares	`TreasuryStockValue`	$5.67B	USD	Point-in-time
Common stock held by employee benefits trust, at cost, 0.5 and 0.5 shares	`CommonStockIssuedEmployeeStockTrust`	$7.00M	USD	Point-in-time
Common stock held by employee benefits trust, at cost, 0.5 and 0.5 shares	`CommonStockIssuedEmployeeStockTrust`	$6.00M	USD	Point-in-time
Accumulated other comprehensive loss (Note 13)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.50B	USD	Point-in-time
Accumulated other comprehensive loss (Note 13)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.80B	USD	Point-in-time
Total Cummins Inc. shareholders' equity	`StockholdersEquity`	$7.19B	USD	Point-in-time
Total Cummins Inc. shareholders' equity	`StockholdersEquity`	$7.26B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$905.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$869.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.56B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.16B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.17B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.06B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$18.07B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$18.99B	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
NET SALES (a) (Note 3)	`Revenues`	$5.29B	USD	1 Quarter
NET SALES (a) (Note 3)	`Revenues`	$5.94B	USD	1 Quarter
NET SALES (a) (Note 3)	`Revenues`	$14.95B	USD	3 Qtrs
NET SALES (a) (Note 3)	`Revenues`	$17.64B	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$3.94B	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$11.23B	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$4.39B	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$13.45B	USD	3 Qtrs
GROSS MARGIN	`GrossProfit`	$3.72B	USD	3 Qtrs
GROSS MARGIN	`GrossProfit`	$1.55B	USD	1 Quarter
GROSS MARGIN	`GrossProfit`	$4.19B	USD	3 Qtrs
GROSS MARGIN	`GrossProfit`	$1.34B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.79B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$633.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$604.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.79B	USD	3 Qtrs
Research, development and engineering expenses	`ResearchAndDevelopmentExpense`	$229.00M	USD	1 Quarter
Research, development and engineering expenses	`ResearchAndDevelopmentExpense`	$546.00M	USD	3 Qtrs
Research, development and engineering expenses	`ResearchAndDevelopmentExpense`	$658.00M	USD	3 Qtrs
Research, development and engineering expenses	`ResearchAndDevelopmentExpense`	$213.00M	USD	1 Quarter
Equity, royalty and interest income from investees (Note 5)	`IncomeLossFromEquityMethodInvestments`	$301.00M	USD	3 Qtrs
Equity, royalty and interest income from investees (Note 5)	`IncomeLossFromEquityMethodInvestments`	$90.00M	USD	1 Quarter
Equity, royalty and interest income from investees (Note 5)	`IncomeLossFromEquityMethodInvestments`	$315.00M	USD	3 Qtrs
Equity, royalty and interest income from investees (Note 5)	`IncomeLossFromEquityMethodInvestments`	$95.00M	USD	1 Quarter
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$32.00M	USD	1 Quarter
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$1.00M	USD	3 Qtrs
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$55.00M	USD	3 Qtrs
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$-5.00M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$2.06B	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$622.00M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$1.75B	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$803.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$26.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$4.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$11.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$9.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$82.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$18.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$30.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$57.00M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$23.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$67.00M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$44.00M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$14.00M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$2.04B	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$1.77B	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$805.00M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$622.00M	USD	1 Quarter
Income tax expense (Note 6)	`IncomeTaxExpenseBenefit`	$165.00M	USD	1 Quarter
Income tax expense (Note 6)	`IncomeTaxExpenseBenefit`	$466.00M	USD	3 Qtrs
Income tax expense (Note 6)	`IncomeTaxExpenseBenefit`	$466.00M	USD	3 Qtrs
Income tax expense (Note 6)	`IncomeTaxExpenseBenefit`	$107.00M	USD	1 Quarter
CONSOLIDATED NET INCOME	`ProfitLoss`	$698.00M	USD	1 Quarter
CONSOLIDATED NET INCOME	`ProfitLoss`	$457.00M	USD	1 Quarter
CONSOLIDATED NET INCOME	`ProfitLoss`	$1.30B	USD	3 Qtrs
CONSOLIDATED NET INCOME	`ProfitLoss`	$1.58B	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$15.00M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$30.00M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.00M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO CUMMINS INC.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$453.00M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO CUMMINS INC.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$692.00M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO CUMMINS INC.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.56B	USD	3 Qtrs
NET INCOME ATTRIBUTABLE TO CUMMINS INC.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.27B	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.72	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$7.62	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.29	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$9.57	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$7.60	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$9.53	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.28	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.71	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	167.00M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	166.30M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	163.30M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	161.30M	shares	1 Quarter
Dilutive effect of stock compensation awards (in shares)	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	500,000.00	shares	1 Quarter
Dilutive effect of stock compensation awards (in shares)	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	700,000.00	shares	1 Quarter
Dilutive effect of stock compensation awards (in shares)	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	600,000.00	shares	3 Qtrs
Dilutive effect of stock compensation awards (in shares)	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	600,000.00	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	167.60M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	167.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	161.80M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	163.90M	shares	3 Qtrs
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.13	USD	3 Qtrs
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$3.30	USD	3 Qtrs
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.14	USD	1 Quarter
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.08	USD	1 Quarter
Sales to nonconsolidated equity investees	`RevenueFromRelatedParties`	$285.00M	USD	1 Quarter
Sales to nonconsolidated equity investees	`RevenueFromRelatedParties`	$314.00M	USD	1 Quarter
Sales to nonconsolidated equity investees	`RevenueFromRelatedParties`	$951.00M	USD	3 Qtrs
Sales to nonconsolidated equity investees	`RevenueFromRelatedParties`	$835.00M	USD	3 Qtrs

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$698.00M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$457.00M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$1.30B	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$1.58B	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$433.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$456.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-167.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$26.00M	USD	3 Qtrs
Equity in income of investees, net of dividends	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$166.00M	USD	3 Qtrs
Equity in income of investees, net of dividends	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$156.00M	USD	3 Qtrs
Pension contributions under (in excess of) expense, net (Note 4)	`PensionContributions`	$-36.00M	USD	3 Qtrs
Pension contributions under (in excess of) expense, net (Note 4)	`PensionContributions`	$63.00M	USD	3 Qtrs
Other post retirement benefits payments in excess of expense, net (Note 4)	`OtherPostretirementBenefitsPayments`	$8.00M	USD	3 Qtrs
Other post retirement benefits payments in excess of expense, net (Note 4)	`OtherPostretirementBenefitsPayments`	$4.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$38.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$34.00M	USD	3 Qtrs
Loss contingency payments	`LossContingencyAccrualPayments`	-	USD	3 Qtrs
Loss contingency payments	`LossContingencyAccrualPayments`	$65.00M	USD	3 Qtrs
Translation and hedging activities	`ForeignCurrencyTransactionGainLossBeforeTax`	$27.00M	USD	3 Qtrs
Translation and hedging activities	`ForeignCurrencyTransactionGainLossBeforeTax`	$-61.00M	USD	3 Qtrs
Accounts and notes receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$429.00M	USD	3 Qtrs
Accounts and notes receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$722.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$401.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$773.00M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$100.00M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$28.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$467.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$567.00M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$369.00M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$341.00M	USD	3 Qtrs
Changes in other liabilities and deferred revenue	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-118.00M	USD	3 Qtrs
Changes in other liabilities and deferred revenue	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-177.00M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$115.00M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-80.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.39B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.47B	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$282.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$361.00M	USD	3 Qtrs
Investments in internal use software	`PaymentsToDevelopSoftware`	$55.00M	USD	3 Qtrs
Investments in internal use software	`PaymentsToDevelopSoftware`	$59.00M	USD	3 Qtrs
Proceeds from disposals of property, plant and equipment	`ProceedsFromSaleOfProductiveAssets`	$14.00M	USD	3 Qtrs
Proceeds from disposals of property, plant and equipment	`ProceedsFromSaleOfProductiveAssets`	$104.00M	USD	3 Qtrs
Investments in and advances to equity investees	`PaymentsToAcquireEquityMethodInvestments`	$71.00M	USD	3 Qtrs
Investments in and advances to equity investees	`PaymentsToAcquireEquityMethodInvestments`	$9.00M	USD	3 Qtrs
Acquisitions of businesses, net of cash acquired (Note 14)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$600.00M	USD	3 Qtrs
Acquisitions of businesses, net of cash acquired (Note 14)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$70.00M	USD	3 Qtrs
Investments in marketable securitiesacquisitions (Note 7)	`PaymentsToAcquireMarketableSecurities`	$106.00M	USD	3 Qtrs
Investments in marketable securitiesacquisitions (Note 7)	`PaymentsToAcquireMarketableSecurities`	$316.00M	USD	3 Qtrs
Investments in marketable securitiesliquidations (Note 7)	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$298.00M	USD	3 Qtrs
Investments in marketable securitiesliquidations (Note 7)	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$218.00M	USD	3 Qtrs
Cash flows from derivatives not designated as hedges	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$56.00M	USD	3 Qtrs
Cash flows from derivatives not designated as hedges	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$-9.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-36.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-786.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-519.00M	USD	3 Qtrs
Net borrowings of commercial paper (Note 9)	`ProceedsFromRepaymentsOfCommercialPaper`	$302.00M	USD	3 Qtrs
Net borrowings of commercial paper (Note 9)	`ProceedsFromRepaymentsOfCommercialPaper`	$502.00M	USD	3 Qtrs
Payments on borrowings and capital lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$38.00M	USD	3 Qtrs
Payments on borrowings and capital lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$54.00M	USD	3 Qtrs
Net borrowings under short-term credit agreements	`ProceedsFromRepaymentsOfShortTermDebt`	$19.00M	USD	3 Qtrs
Net borrowings under short-term credit agreements	`ProceedsFromRepaymentsOfShortTermDebt`	$9.00M	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$30.00M	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$29.00M	USD	3 Qtrs
Dividend payments on common stock	`PaymentsOfDividends`	$522.00M	USD	3 Qtrs
Dividend payments on common stock	`PaymentsOfDividends`	$537.00M	USD	3 Qtrs
Repurchases of common stock (Note 2)	`PaymentsForRepurchaseOfCommonStock`	$879.00M	USD	3 Qtrs
Repurchases of common stock (Note 2)	`PaymentsForRepurchaseOfCommonStock`	$391.00M	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$29.00M	USD	3 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$59.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-600.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-960.00M	USD	3 Qtrs
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$85.00M	USD	3 Qtrs
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-56.00M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$170.00M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-147.00M	USD	3 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.22B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.12B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.29B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.37B	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.22B	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.12B	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.29B	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.37B	USD	Point-in-time

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
BALANCE AT BEGINNING OF PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.56B	USD	Point-in-time
BALANCE AT BEGINNING OF PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.16B	USD	Point-in-time
BALANCE AT BEGINNING OF PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.17B	USD	Point-in-time
BALANCE AT BEGINNING OF PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.06B	USD	Point-in-time
Impact of adopting accounting standards (Notes 3 & 16)	`NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification`	$30.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$698.00M	USD	1 Quarter
Net income	`ProfitLoss`	$457.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.30B	USD	3 Qtrs
Net income	`ProfitLoss`	$1.58B	USD	3 Qtrs
Other comprehensive income (loss), net of tax (Note 13)	`OtherComprehensiveIncomeLossNetOfTax`	$109.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax (Note 13)	`OtherComprehensiveIncomeLossNetOfTax`	$-336.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax (Note 13)	`OtherComprehensiveIncomeLossNetOfTax`	$-149.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax (Note 13)	`OtherComprehensiveIncomeLossNetOfTax`	$329.00M	USD	3 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$5.00M	USD	3 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$10.00M	USD	3 Qtrs
Employee benefits trust activity	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$15.00M	USD	3 Qtrs
Employee benefits trust activity	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$11.00M	USD	3 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$391.00M	USD	3 Qtrs
Repurchases of common stock	`TreasuryStockValueAcquiredCostMethod`	$879.00M	USD	3 Qtrs
Cash dividends on common stock	`DividendsCommonStockCash`	$522.00M	USD	3 Qtrs
Cash dividends on common stock	`DividendsCommonStockCash`	$537.00M	USD	3 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$30.00M	USD	3 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$29.00M	USD	3 Qtrs
Stock based awards, net	`StockIssuedDuringPeriodValueShareBasedCompensation`	$7.00M	USD	3 Qtrs
Stock based awards, net	`StockIssuedDuringPeriodValueShareBasedCompensation`	$33.00M	USD	3 Qtrs
Acquisition of business	`MinorityInterestDecreaseFromRedemptions`	$-600.00M	USD	3 Qtrs
Other shareholder transactions	`StockholdersEquityOther`	$-44.00M	USD	3 Qtrs
Other shareholder transactions	`StockholdersEquityOther`	$-43.00M	USD	3 Qtrs
BALANCE AT END OF PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.56B	USD	Point-in-time
BALANCE AT END OF PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.16B	USD	Point-in-time
BALANCE AT END OF PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.17B	USD	Point-in-time
BALANCE AT END OF PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.06B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
CONSOLIDATED NET INCOME	`ProfitLoss`	$698.00M	USD	1 Quarter
CONSOLIDATED NET INCOME	`ProfitLoss`	$457.00M	USD	1 Quarter
CONSOLIDATED NET INCOME	`ProfitLoss`	$1.30B	USD	3 Qtrs
CONSOLIDATED NET INCOME	`ProfitLoss`	$1.58B	USD	3 Qtrs
Change in pension and other postretirement defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-16.00M	USD	1 Quarter
Change in pension and other postretirement defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-13.00M	USD	1 Quarter
Change in pension and other postretirement defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-52.00M	USD	3 Qtrs
Change in pension and other postretirement defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-34.00M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-374.00M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$94.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$276.00M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-159.00M	USD	1 Quarter
Unrealized gain on marketable securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	3 Qtrs
Unrealized gain on marketable securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	1 Quarter
Unrealized gain on marketable securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	1 Quarter
Unrealized gain on marketable securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.00M	USD	3 Qtrs
Unrealized gain (loss) on derivatives	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-1.00M	USD	1 Quarter
Unrealized gain (loss) on derivatives	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	-	USD	3 Qtrs
Unrealized gain (loss) on derivatives	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$4.00M	USD	3 Qtrs
Unrealized gain (loss) on derivatives	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-3.00M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$109.00M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-336.00M	USD	3 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-149.00M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$329.00M	USD	3 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	3 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.24B	USD	3 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$566.00M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$549.00M	USD	1 Quarter
Less: Comprehensive (loss) income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.00M	USD	1 Quarter
Less: Comprehensive (loss) income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-11.00M	USD	1 Quarter
Less: Comprehensive (loss) income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$42.00M	USD	3 Qtrs
Less: Comprehensive (loss) income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-25.00M	USD	3 Qtrs
COMPREHENSIVE INCOME ATTRIBUTABLE TO CUMMINS INC.	`ComprehensiveIncomeNetOfTax`	$1.59B	USD	3 Qtrs
COMPREHENSIVE INCOME ATTRIBUTABLE TO CUMMINS INC.	`ComprehensiveIncomeNetOfTax`	$564.00M	USD	1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO CUMMINS INC.	`ComprehensiveIncomeNetOfTax`	$560.00M	USD	1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO CUMMINS INC.	`ComprehensiveIncomeNetOfTax`	$1.27B	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.