10-K Filing

CUMMINS INC CIK: 26172 FY 2019

Filing Information

Form Type	10-K
Accession Number	`0000026172-20-000009`
Period End Date	20191231
Filing Date	20200211
Fiscal Year	2019
Fiscal Period	FY
XBRL Instance	cmi201910-kdocument_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 100 Cash Flow Statement 124 Stockholders Equity 38 Comprehensive Income 27

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.12B	USD	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`	$1.30B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.37B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.13B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	64.40M	shares	Point-in-time
Marketable securities (Note 6)	`AvailableForSaleSecuritiesCurrent`	$222.00M	USD	Point-in-time
Marketable securities (Note 6)	`AvailableForSaleSecuritiesCurrent`	$341.00M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	71.70M	shares	Point-in-time
Total cash, cash equivalents and marketable securities	`CashCashEquivalentsAndShortTermInvestments`	$1.57B	USD	Point-in-time
Common stock held by employee benefits trust, at cost, shares	`CommonStockSharesHeldInEmployeeTrustShares`	400,000.00	shares	Point-in-time
Common stock held by employee benefits trust, at cost, shares	`CommonStockSharesHeldInEmployeeTrustShares`	200,000.00	shares	Point-in-time
Total cash, cash equivalents and marketable securities	`CashCashEquivalentsAndShortTermInvestments`	$1.47B	USD	Point-in-time
Total cash, cash equivalents and marketable securities	`CashCashEquivalentsAndShortTermInvestments`	$1.52B	USD	Point-in-time
Trade and other	`AccountsNotesAndLoansReceivableNetCurrent`	$3.63B	USD	Point-in-time
Trade and other	`AccountsNotesAndLoansReceivableNetCurrent`	$3.39B	USD	Point-in-time
Nonconsolidated equity investees	`DueFromRelatedPartiesCurrent`	$283.00M	USD	Point-in-time
Nonconsolidated equity investees	`DueFromRelatedPartiesCurrent`	$231.00M	USD	Point-in-time
Inventories (Note 7)	`InventoryNet`	$3.76B	USD	Point-in-time
Inventories (Note 7)	`InventoryNet`	$3.49B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$668.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$761.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.82B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.39B	USD	Point-in-time
Property, plant and equipment, net (Note 8)	`PropertyPlantAndEquipmentNet`	$4.10B	USD	Point-in-time
Property, plant and equipment, net (Note 8)	`PropertyPlantAndEquipmentNet`	$4.25B	USD	Point-in-time
Investments and advances related to equity method investees (Note 3)	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$1.24B	USD	Point-in-time
Investments and advances related to equity method investees (Note 3)	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$1.22B	USD	Point-in-time
Investments and advances related to equity method investees (Note 3)	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$1.16B	USD	Point-in-time
Goodwill (Note 10)	`Goodwill`	$1.29B	USD	Point-in-time
Goodwill (Note 10)	`Goodwill`	$1.08B	USD	Point-in-time
Goodwill (Note 10)	`Goodwill`	$1.13B	USD	Point-in-time
Other intangible assets, net (Note 10)	`IntangibleAssetsNetExcludingGoodwill`	$909.00M	USD	Point-in-time
Other intangible assets, net (Note 10)	`IntangibleAssetsNetExcludingGoodwill`	$1.00B	USD	Point-in-time
Pension assets (Note 13)	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$1.00B	USD	Point-in-time
Pension assets (Note 13)	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$929.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.58B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$962.00M	USD	Point-in-time
Total assets	`Assets`	$19.06B	USD	Point-in-time
Total assets	`Assets`	$18.07B	USD	Point-in-time
Total assets	`Assets`	$19.74B	USD	Point-in-time
Accounts payable (principally trade)	`AccountsPayableCurrent`	$2.82B	USD	Point-in-time
Accounts payable (principally trade)	`AccountsPayableCurrent`	$2.53B	USD	Point-in-time
Loans payable (Note 11)	`ShortTermBankLoansAndNotesPayable`	$100.00M	USD	Point-in-time
Loans payable (Note 11)	`ShortTermBankLoansAndNotesPayable`	$54.00M	USD	Point-in-time
Commercial paper (Note 11)	`CommercialPaper`	$780.00M	USD	Point-in-time
Commercial paper (Note 11)	`CommercialPaper`	$660.00M	USD	Point-in-time
Accrued compensation, benefits and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$560.00M	USD	Point-in-time
Accrued compensation, benefits and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$679.00M	USD	Point-in-time
Current portion of accrued product warranty (Note 12)	`ProductWarrantyAccrualClassifiedCurrent`	$654.00M	USD	Point-in-time
Current portion of accrued product warranty (Note 12)	`ProductWarrantyAccrualClassifiedCurrent`	$803.00M	USD	Point-in-time
Current portion of deferred revenue (Note 2)	`ContractWithCustomerLiabilityCurrent`	$533.00M	USD	Point-in-time
Current portion of deferred revenue (Note 2)	`ContractWithCustomerLiabilityCurrent`	$498.00M	USD	Point-in-time
Other accrued expenses (Note 14)	`AccruedLiabilitiesCurrent`	$852.00M	USD	Point-in-time
Other accrued expenses (Note 14)	`AccruedLiabilitiesCurrent`	$1.04B	USD	Point-in-time
Current maturities of long-term debt (Note 11)	`LongTermDebtCurrent`	$31.00M	USD	Point-in-time
Current maturities of long-term debt (Note 11)	`LongTermDebtCurrent`	$45.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.26B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.38B	USD	Point-in-time
Long-term debt (Note 11)	`LongTermDebtAndCapitalLeaseObligations`	$1.58B	USD	Point-in-time
Long-term debt (Note 11)	`LongTermDebtAndCapitalLeaseObligations`	$1.60B	USD	Point-in-time
Pensions and other postretirement benefits (Note 13)	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$591.00M	USD	Point-in-time
Pensions and other postretirement benefits (Note 13)	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$532.00M	USD	Point-in-time
Accrued product warranty (Note 12)	`ProductWarrantyAccrualNoncurrent`	$645.00M	USD	Point-in-time
Accrued product warranty (Note 12)	`ProductWarrantyAccrualNoncurrent`	$740.00M	USD	Point-in-time
Deferred revenue (Note 2)	`ContractWithCustomerLiabilityNoncurrent`	$821.00M	USD	Point-in-time
Deferred revenue (Note 2)	`ContractWithCustomerLiabilityNoncurrent`	$658.00M	USD	Point-in-time
Other liabilities (Note 14)	`OtherLiabilitiesNoncurrent`	$1.38B	USD	Point-in-time
Other liabilities (Note 14)	`OtherLiabilitiesNoncurrent`	$892.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$11.27B	USD	Point-in-time
Total liabilities	`Liabilities`	$10.80B	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $2.50 par value, 500 shares authorized, 222.4 and 222.4 shares issued	`CommonStockValueOutstanding`	$2.35B	USD	Point-in-time
Common stock, $2.50 par value, 500 shares authorized, 222.4 and 222.4 shares issued	`CommonStockValueOutstanding`	$2.27B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$12.92B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$14.42B	USD	Point-in-time
Treasury stock, at cost, 71.7 and 64.4 shares	`TreasuryStockValue`	$7.22B	USD	Point-in-time
Treasury stock, at cost, 71.7 and 64.4 shares	`TreasuryStockValue`	$6.03B	USD	Point-in-time
Common stock held by employee benefits trust, at cost, 0.2 and 0.4 shares	`CommonStockIssuedEmployeeStockTrust`	$2.00M	USD	Point-in-time
Common stock held by employee benefits trust, at cost, 0.2 and 0.4 shares	`CommonStockIssuedEmployeeStockTrust`	$5.00M	USD	Point-in-time
Accumulated other comprehensive loss (Note 17)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.03B	USD	Point-in-time
Accumulated other comprehensive loss (Note 17)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.81B	USD	Point-in-time
Total Cummins Inc. shareholders' equity	`StockholdersEquity`	$7.51B	USD	Point-in-time
Total Cummins Inc. shareholders' equity	`StockholdersEquity`	$7.35B	USD	Point-in-time
Noncontrolling interests (Note 18)	`MinorityInterest`	$911.00M	USD	Point-in-time
Noncontrolling interests (Note 18)	`MinorityInterest`	$958.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.17B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.26B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.46B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.16B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$19.74B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$19.06B	USD	Point-in-time

Income Statement 100 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$6.13B	USD	1 Quarter
Net sales	`Revenues`	$20.43B	USD	Annual
Net sales	`Revenues`	$5.77B	USD	1 Quarter
Net sales	`Revenues`	$6.13B	USD	1 Quarter
Net sales	`Revenues`	$5.57B	USD	1 Quarter
Net sales	`Revenues`	$23.77B	USD	Annual
Net sales	`Revenues`	$5.94B	USD	1 Quarter
Net sales	`Revenues`	$5.58B	USD	1 Quarter
Net sales	`Revenues`	$6.22B	USD	1 Quarter
Net sales	`Revenues`	$6.00B	USD	1 Quarter
Net sales	`Revenues`	$23.57B	USD	Annual
Cost of sales	`CostOfRevenue`	$17.59B	USD	Annual
Cost of sales	`CostOfRevenue`	$18.03B	USD	Annual
Cost of sales	`CostOfRevenue`	$15.33B	USD	Annual
GROSS MARGIN	`GrossProfit`	$1.31B	USD	1 Quarter
GROSS MARGIN	`GrossProfit`	$5.98B	USD	Annual
GROSS MARGIN	`GrossProfit`	$1.55B	USD	1 Quarter
GROSS MARGIN	`GrossProfit`	$5.74B	USD	Annual
GROSS MARGIN	`GrossProfit`	$1.44B	USD	1 Quarter
GROSS MARGIN	`GrossProfit`	$5.10B	USD	Annual
GROSS MARGIN	`GrossProfit`	$1.64B	USD	1 Quarter
GROSS MARGIN	`GrossProfit`	$1.49B	USD	1 Quarter
GROSS MARGIN	`GrossProfit`	$1.20B	USD	1 Quarter
GROSS MARGIN	`GrossProfit`	$1.55B	USD	1 Quarter
GROSS MARGIN	`GrossProfit`	$1.53B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.44B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.43B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.45B	USD	Annual
Research, development and engineering expenses	`ResearchAndDevelopmentExpense`	$1.00B	USD	Annual
Research, development and engineering expenses	`ResearchAndDevelopmentExpense`	$902.00M	USD	Annual
Research, development and engineering expenses	`ResearchAndDevelopmentExpense`	$754.00M	USD	Annual
Equity, royalty and interest income from investees (Note 3)	`IncomeLossFromEquityMethodInvestments`	$357.00M	USD	Annual
Equity, royalty and interest income from investees (Note 3)	`IncomeLossFromEquityMethodInvestments`	$330.00M	USD	Annual
Equity, royalty and interest income from investees (Note 3)	`IncomeLossFromEquityMethodInvestments`	$394.00M	USD	Annual
Restructuring actions (Note 4)	`SeveranceCosts1`	-	USD	Annual
Restructuring actions (Note 4)	`SeveranceCosts1`	$119.00M	USD	Annual
Restructuring actions (Note 4)	`SeveranceCosts1`	-	USD	Annual
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$-36.00M	USD	Annual
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$60.00M	USD	Annual
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$-6.00M	USD	Annual
OPERATING INCOME	`OperatingIncomeLoss`	$2.33B	USD	Annual
OPERATING INCOME	`OperatingIncomeLoss`	$2.70B	USD	Annual
OPERATING INCOME	`OperatingIncomeLoss`	$2.79B	USD	Annual
Interest income	`InvestmentIncomeInterest`	$18.00M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$35.00M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$46.00M	USD	Annual
Interest expense (Note 11)	`InterestExpense`	$81.00M	USD	Annual
Interest expense (Note 11)	`InterestExpense`	$109.00M	USD	Annual
Interest expense (Note 11)	`InterestExpense`	$114.00M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$94.00M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$46.00M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$197.00M	USD	Annual
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.75B	USD	Annual
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.83B	USD	Annual
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.37B	USD	Annual
Income tax expense (Note 5)	`IncomeTaxExpenseBenefit`	$566.00M	USD	Annual
Income tax expense (Note 5)	`IncomeTaxExpenseBenefit`	$1.37B	USD	Annual
Income tax expense (Note 5)	`IncomeTaxExpenseBenefit`	$566.00M	USD	Annual
CONSOLIDATED NET INCOME	`ProfitLoss`	$2.27B	USD	Annual
CONSOLIDATED NET INCOME	`ProfitLoss`	$2.19B	USD	Annual
CONSOLIDATED NET INCOME	`ProfitLoss`	$994.00M	USD	Annual
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-5.00M	USD	Annual
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$46.00M	USD	Annual
Less: Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.00M	USD	Annual
NET INCOME ATTRIBUTABLE TO CUMMINS INC.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$692.00M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO CUMMINS INC.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$663.00M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO CUMMINS INC.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$675.00M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO CUMMINS INC.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$545.00M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO CUMMINS INC.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$622.00M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO CUMMINS INC.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$325.00M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO CUMMINS INC.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.26B	USD	Annual
NET INCOME ATTRIBUTABLE TO CUMMINS INC.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$999.00M	USD	Annual
NET INCOME ATTRIBUTABLE TO CUMMINS INC.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$300.00M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO CUMMINS INC.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$579.00M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO CUMMINS INC.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.14B	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$13.20	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.29	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.29	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.33	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.98	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.97	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.65	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.99	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$4.22	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.99	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$14.54	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.97	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.97	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$14.48	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$13.15	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.27	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.20	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.96	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.32	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.97	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.63	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$4.28	USD	1 Quarter
Sales to nonconsolidated equity investees	`RevenueFromRelatedParties`	$1.19B	USD	Annual
Sales to nonconsolidated equity investees	`RevenueFromRelatedParties`	$1.17B	USD	Annual
Sales to nonconsolidated equity investees	`RevenueFromRelatedParties`	$1.27B	USD	Annual

Cash Flow Statement 124 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$2.27B	USD	Annual
Consolidated net income	`ProfitLoss`	$2.19B	USD	Annual
Consolidated net income	`ProfitLoss`	$994.00M	USD	Annual
Impact of tax legislation, net (Note 5)	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$820.00M	USD	Annual
Impact of tax legislation, net (Note 5)	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$15.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$672.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$583.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$611.00M	USD	Annual
Deferred income taxes (Note 5)	`DeferredIncomeTaxesAndTaxCredits`	$-54.00M	USD	Annual
Deferred income taxes (Note 5)	`DeferredIncomeTaxesAndTaxCredits`	$-4.00M	USD	Annual
Deferred income taxes (Note 5)	`DeferredIncomeTaxesAndTaxCredits`	$-97.00M	USD	Annual
Equity in income of investees, net of dividends	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$93.00M	USD	Annual
Equity in income of investees, net of dividends	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$14.00M	USD	Annual
Equity in income of investees, net of dividends	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$123.00M	USD	Annual
Pension and OPEB expense (Note 13)	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$75.00M	USD	Annual
Pension and OPEB expense (Note 13)	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$102.00M	USD	Annual
Pension and OPEB expense (Note 13)	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$97.00M	USD	Annual
Pension contributions and OPEB payments (Note 13)	`PensionAndOtherPostretirementBenefitContributions`	$67.00M	USD	Annual
Pension contributions and OPEB payments (Note 13)	`PensionAndOtherPostretirementBenefitContributions`	$268.00M	USD	Annual
Pension contributions and OPEB payments (Note 13)	`PensionAndOtherPostretirementBenefitContributions`	$150.00M	USD	Annual
Stock-based compensation expense (Note 19)	`ShareBasedCompensation`	$49.00M	USD	Annual
Stock-based compensation expense (Note 19)	`ShareBasedCompensation`	$53.00M	USD	Annual
Stock-based compensation expense (Note 19)	`ShareBasedCompensation`	$41.00M	USD	Annual
Restructuring actions, net of cash payments (Note 4)	`RestructuringCosts`	-	USD	Annual
Restructuring actions, net of cash payments (Note 4)	`RestructuringCosts`	$115.00M	USD	Annual
Restructuring actions, net of cash payments (Note 4)	`RestructuringCosts`	-	USD	Annual
(Gain) loss on corporate owned life insurance	`PaymentsForProceedsFromLifeInsurancePolicies`	$-26.00M	USD	Annual
(Gain) loss on corporate owned life insurance	`PaymentsForProceedsFromLifeInsurancePolicies`	$61.00M	USD	Annual
(Gain) loss on corporate owned life insurance	`PaymentsForProceedsFromLifeInsurancePolicies`	$52.00M	USD	Annual
Foreign currency remeasurement and transaction exposure	`ForeignCurrencyTransactionGainLossBeforeTax`	$105.00M	USD	Annual
Foreign currency remeasurement and transaction exposure	`ForeignCurrencyTransactionGainLossBeforeTax`	$-71.00M	USD	Annual
Foreign currency remeasurement and transaction exposure	`ForeignCurrencyTransactionGainLossBeforeTax`	$46.00M	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$363.00M	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$508.00M	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$-195.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-291.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$695.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$407.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$95.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$12.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$162.00M	USD	Annual
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-310.00M	USD	Annual
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$302.00M	USD	Annual
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$639.00M	USD	Annual
Accrued Expenses	`IncreaseDecreaseInAccruedLiabilities`	$383.00M	USD	Annual
Accrued Expenses	`IncreaseDecreaseInAccruedLiabilities`	$-112.00M	USD	Annual
Accrued Expenses	`IncreaseDecreaseInAccruedLiabilities`	$371.00M	USD	Annual
Changes in other liabilities and deferred revenue	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-240.00M	USD	Annual
Changes in other liabilities and deferred revenue	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-75.00M	USD	Annual
Changes in other liabilities and deferred revenue	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-241.00M	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-164.00M	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$173.00M	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-127.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.28B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.18B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.38B	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$700.00M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$709.00M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$506.00M	USD	Annual
Investments in internal use software	`PaymentsToDevelopSoftware`	$75.00M	USD	Annual
Investments in internal use software	`PaymentsToDevelopSoftware`	$81.00M	USD	Annual
Investments in internal use software	`PaymentsToDevelopSoftware`	$75.00M	USD	Annual
Proceeds from disposals of property, plant and equipment	`ProceedsFromSaleOfProductiveAssets`	$23.00M	USD	Annual
Proceeds from disposals of property, plant and equipment	`ProceedsFromSaleOfProductiveAssets`	$20.00M	USD	Annual
Proceeds from disposals of property, plant and equipment	`ProceedsFromSaleOfProductiveAssets`	$110.00M	USD	Annual
Investments in and advances to equity investees	`PaymentsToAcquireEquityMethodInvestments`	$20.00M	USD	Annual
Investments in and advances to equity investees	`PaymentsToAcquireEquityMethodInvestments`	$37.00M	USD	Annual
Investments in and advances to equity investees	`PaymentsToAcquireEquityMethodInvestments`	$66.00M	USD	Annual
Acquisitions of businesses, net of cash acquired (Note 21)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$237.00M	USD	Annual
Acquisitions of businesses, net of cash acquired (Note 21)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$70.00M	USD	Annual
Acquisitions of businesses, net of cash acquired (Note 21)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$662.00M	USD	Annual
Investments in marketable securitiesacquisitions	`PaymentsToAcquireMarketableSecurities`	$495.00M	USD	Annual
Investments in marketable securitiesacquisitions	`PaymentsToAcquireMarketableSecurities`	$194.00M	USD	Annual
Investments in marketable securitiesacquisitions	`PaymentsToAcquireMarketableSecurities`	$368.00M	USD	Annual
Investments in marketable securitiesliquidations (Note 6)	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$389.00M	USD	Annual
Investments in marketable securitiesliquidations (Note 6)	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$266.00M	USD	Annual
Investments in marketable securitiesliquidations (Note 6)	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$331.00M	USD	Annual
Cash flows from derivatives not designated as hedges	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$102.00M	USD	Annual
Cash flows from derivatives not designated as hedges	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$44.00M	USD	Annual
Cash flows from derivatives not designated as hedges	`PaymentsForProceedsFromDerivativeInstrumentInvestingActivities`	$-76.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-5.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-36.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-9.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.05B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-974.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.15B	USD	Annual
Net (payments) borrowings of commercial paper (Note 11)	`ProceedsFromRepaymentsOfCommercialPaper`	$482.00M	USD	Annual
Net (payments) borrowings of commercial paper (Note 11)	`ProceedsFromRepaymentsOfCommercialPaper`	$86.00M	USD	Annual
Net (payments) borrowings of commercial paper (Note 11)	`ProceedsFromRepaymentsOfCommercialPaper`	$-120.00M	USD	Annual
Payments on borrowings and finance lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$96.00M	USD	Annual
Payments on borrowings and finance lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$62.00M	USD	Annual
Payments on borrowings and finance lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$60.00M	USD	Annual
Net borrowings under short-term credit agreements	`ProceedsFromRepaymentsOfShortTermDebt`	$1.00M	USD	Annual
Net borrowings under short-term credit agreements	`ProceedsFromRepaymentsOfShortTermDebt`	$53.00M	USD	Annual
Net borrowings under short-term credit agreements	`ProceedsFromRepaymentsOfShortTermDebt`	$12.00M	USD	Annual
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$33.00M	USD	Annual
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$29.00M	USD	Annual
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$30.00M	USD	Annual
Dividend payments on common stock (Note 16)	`PaymentsOfDividends`	$701.00M	USD	Annual
Dividend payments on common stock (Note 16)	`PaymentsOfDividends`	$761.00M	USD	Annual
Dividend payments on common stock (Note 16)	`PaymentsOfDividends`	$718.00M	USD	Annual
Repurchases of common stock (Note 16)	`PaymentsForRepurchaseOfCommonStock`	$451.00M	USD	Annual
Repurchases of common stock (Note 16)	`PaymentsForRepurchaseOfCommonStock`	$1.14B	USD	Annual
Repurchases of common stock (Note 16)	`PaymentsForRepurchaseOfCommonStock`	$1.27B	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$133.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$67.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$69.00M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.40B	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.10B	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.07B	USD	Annual
Effect of Exchange Rate on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-70.00M	USD	Annual
Effect of Exchange Rate on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-110.00M	USD	Annual
Effect of Exchange Rate on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$98.00M	USD	Annual
Cash and Cash Equivalents, Period Increase (Decrease)	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-66.00M	USD	Annual
Cash and Cash Equivalents, Period Increase (Decrease)	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-174.00M	USD	Annual
Cash and Cash Equivalents, Period Increase (Decrease)	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$249.00M	USD	Annual
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.12B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.30B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.37B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.13B	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`	$1.30B	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.37B	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.13B	USD	Point-in-time

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
BALANCE, AT THE BEGINNING OF THE PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.17B	USD	Point-in-time
BALANCE, AT THE BEGINNING OF THE PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.26B	USD	Point-in-time
BALANCE, AT THE BEGINNING OF THE PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.46B	USD	Point-in-time
BALANCE, AT THE BEGINNING OF THE PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.16B	USD	Point-in-time
Impact of tax legislation (Note 5)	`TaxCutsandJobsActof2017ReclassificationfromAOCItoRetainedEarnings`	$126.00M	USD	Annual
Adoption of new accounting standards	`NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification`	$30.00M	USD	Annual
Net income	`ProfitLoss`	$2.27B	USD	Annual
Net income	`ProfitLoss`	$2.19B	USD	Annual
Net income	`ProfitLoss`	$994.00M	USD	Annual
Other comprehensive income, net of tax (Note 17)	`OtherComprehensiveIncomeLossNetOfTax`	$-226.00M	USD	Annual
Other comprehensive income, net of tax (Note 17)	`OtherComprehensiveIncomeLossNetOfTax`	$-333.00M	USD	Annual
Other comprehensive income, net of tax (Note 17)	`OtherComprehensiveIncomeLossNetOfTax`	$338.00M	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$12.00M	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$3.00M	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$6.00M	USD	Annual
Employee benefits trust activity (Note 16)	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$17.00M	USD	Annual
Employee benefits trust activity (Note 16)	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$18.00M	USD	Annual
Employee benefits trust activity (Note 16)	`StockIssuedDuringPeriodValueTreasuryStockReissued`	$37.00M	USD	Annual
Repurchases of common stock (Note 16)	`TreasuryStockValueAcquiredCostMethod`	$451.00M	USD	Annual
Repurchases of common stock (Note 16)	`TreasuryStockValueAcquiredCostMethod`	$1.14B	USD	Annual
Repurchases of common stock (Note 16)	`TreasuryStockValueAcquiredCostMethod`	$1.27B	USD	Annual
Cash dividends on common stock (Note 16)	`DividendsCommonStockCash`	$718.00M	USD	Annual
Cash dividends on common stock (Note 16)	`DividendsCommonStockCash`	$701.00M	USD	Annual
Cash dividends on common stock (Note 16)	`DividendsCommonStockCash`	$761.00M	USD	Annual
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$29.00M	USD	Annual
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$33.00M	USD	Annual
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$30.00M	USD	Annual
Stock-based awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$38.00M	USD	Annual
Stock-based awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$13.00M	USD	Annual
Stock-based awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$76.00M	USD	Annual
Acquisition of business (Note 21)	`NoncontrollingInterestIncreaseFromBusinessCombination`	$600.00M	USD	Annual
Other shareholder transactions	`StockholdersEquityOther`	$-57.00M	USD	Annual
Other shareholder transactions	`StockholdersEquityOther`	$-51.00M	USD	Annual
Other shareholder transactions	`StockholdersEquityOther`	$-113.00M	USD	Annual
BALANCE, AT THE END OF THE PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.17B	USD	Point-in-time
BALANCE, AT THE END OF THE PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.26B	USD	Point-in-time
BALANCE, AT THE END OF THE PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.46B	USD	Point-in-time
BALANCE, AT THE END OF THE PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.16B	USD	Point-in-time

Comprehensive Income 27 line items

Line Item	Tag	Value	Unit	Period
CONSOLIDATED NET INCOME	`ProfitLoss`	$2.27B	USD	Annual
CONSOLIDATED NET INCOME	`ProfitLoss`	$2.19B	USD	Annual
CONSOLIDATED NET INCOME	`ProfitLoss`	$994.00M	USD	Annual
Change in pension and other postretirement defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$63.00M	USD	Annual
Change in pension and other postretirement defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-18.00M	USD	Annual
Change in pension and other postretirement defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$4.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-356.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$335.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-152.00M	USD	Annual
Unrealized gain on debt securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$2.00M	USD	Annual
Unrealized gain on debt securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	Annual
Unrealized gain on debt securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	Annual
Unrealized (loss) gain on derivatives	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$5.00M	USD	Annual
Unrealized (loss) gain on derivatives	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$5.00M	USD	Annual
Unrealized (loss) gain on derivatives	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-11.00M	USD	Annual
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-226.00M	USD	Annual
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-333.00M	USD	Annual
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$338.00M	USD	Annual
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.33B	USD	Annual
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.85B	USD	Annual
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.04B	USD	Annual
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$17.00M	USD	Annual
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$15.00M	USD	Annual
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.00M	USD	Annual
COMPREHENSIVE INCOME ATTRIBUTABLE TO CUMMINS INC.	`ComprehensiveIncomeNetOfTax`	$1.84B	USD	Annual
COMPREHENSIVE INCOME ATTRIBUTABLE TO CUMMINS INC.	`ComprehensiveIncomeNetOfTax`	$2.04B	USD	Annual
COMPREHENSIVE INCOME ATTRIBUTABLE TO CUMMINS INC.	`ComprehensiveIncomeNetOfTax`	$1.32B	USD	Annual

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