10-K Filing

CUMMINS INC CIK: 26172 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0000026172-23-000005`
Period End Date	20221231
Filing Date	20230214
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	cmi-20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 51 Cash Flow Statement 111 Stockholders Equity 39 Comprehensive Income 24

Balance Sheet 88 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 issued	`CommonStockSharesIssued`	222.50M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	222.50M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	81.20M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	80.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.40B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.10B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.13B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.59B	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$472.00M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$595.00M	USD	Point-in-time
Cash, cash equivalents and marketable securities	`CashCashEquivalentsAndShortTermInvestments`	$2.57B	USD	Point-in-time
Cash, cash equivalents and marketable securities	`CashCashEquivalentsAndShortTermInvestments`	$3.19B	USD	Point-in-time
Trade and other	`AccountsReceivableNet`	$4.83B	USD	Point-in-time
Trade and other	`AccountsReceivableNet`	$3.56B	USD	Point-in-time
Nonconsolidated equity investees	`DueFromRelatedPartiesCurrent`	$425.00M	USD	Point-in-time
Nonconsolidated equity investees	`DueFromRelatedPartiesCurrent`	$376.00M	USD	Point-in-time
Inventories (Note 7)	`InventoryNet`	$5.60B	USD	Point-in-time
Inventories (Note 7)	`InventoryNet`	$4.36B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$777.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.07B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$12.31B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$14.45B	USD	Point-in-time
Property, plant and equipment, net (Note 8)	`PropertyPlantAndEquipmentNet`	$4.42B	USD	Point-in-time
Property, plant and equipment, net (Note 8)	`PropertyPlantAndEquipmentNet`	$5.52B	USD	Point-in-time
Investments and advances related to equity method investees (Note 4)	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$1.76B	USD	Point-in-time
Investments and advances related to equity method investees (Note 4)	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$1.54B	USD	Point-in-time
Goodwill (Note 10)	`Goodwill`	$1.29B	USD	Point-in-time
Goodwill (Note 10)	`Goodwill`	$1.29B	USD	Point-in-time
Goodwill (Note 10)	`Goodwill`	$2.34B	USD	Point-in-time
Other intangible assets, net (Note 10)	`IntangibleAssetsNetExcludingGoodwill`	$900.00M	USD	Point-in-time
Other intangible assets, net (Note 10)	`IntangibleAssetsNetExcludingGoodwill`	$2.69B	USD	Point-in-time
Pension assets (Note 11)	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$1.40B	USD	Point-in-time
Pension assets (Note 11)	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$1.49B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.77B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.14B	USD	Point-in-time
Total assets	`Assets`	$30.30B	USD	Point-in-time
Total assets	`Assets`	$23.71B	USD	Point-in-time
Accounts payable (principally trade)	`AccountsPayableCurrent`	$4.25B	USD	Point-in-time
Accounts payable (principally trade)	`AccountsPayableCurrent`	$3.02B	USD	Point-in-time
Loans payable (Note 13)	`ShortTermBankLoansAndNotesPayable`	$210.00M	USD	Point-in-time
Loans payable (Note 13)	`ShortTermBankLoansAndNotesPayable`	$208.00M	USD	Point-in-time
Commercial paper (Note 13)	`CommercialPaper`	$2.57B	USD	Point-in-time
Commercial paper (Note 13)	`CommercialPaper`	$313.00M	USD	Point-in-time
Current maturities of long-term debt (Note 13)	`LongTermDebtCurrent`	$59.00M	USD	Point-in-time
Current maturities of long-term debt (Note 13)	`LongTermDebtCurrent`	$573.00M	USD	Point-in-time
Accrued compensation, benefits and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$683.00M	USD	Point-in-time
Accrued compensation, benefits and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$617.00M	USD	Point-in-time
Current portion of accrued product warranty (Note 14)	`ProductWarrantyAccrualClassifiedCurrent`	$726.00M	USD	Point-in-time
Current portion of accrued product warranty (Note 14)	`ProductWarrantyAccrualClassifiedCurrent`	$755.00M	USD	Point-in-time
Current portion of deferred revenue (Note 3)	`ContractWithCustomerLiabilityCurrent`	$855.00M	USD	Point-in-time
Current portion of deferred revenue (Note 3)	`ContractWithCustomerLiabilityCurrent`	$1.00B	USD	Point-in-time
Other accrued expenses (Note 12)	`AccruedLiabilitiesCurrent`	$1.19B	USD	Point-in-time
Other accrued expenses (Note 12)	`AccruedLiabilitiesCurrent`	$1.47B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.08B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.42B	USD	Point-in-time
Long-term debt (Note 13)	`LongTermDebtAndCapitalLeaseObligations`	$3.58B	USD	Point-in-time
Long-term debt (Note 13)	`LongTermDebtAndCapitalLeaseObligations`	$4.50B	USD	Point-in-time
Deferred revenue (Note 3)	`ContractWithCustomerLiabilityNoncurrent`	$850.00M	USD	Point-in-time
Deferred revenue (Note 3)	`ContractWithCustomerLiabilityNoncurrent`	$844.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.31B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.80B	USD	Point-in-time
Total liabilities	`Liabilities`	$20.07B	USD	Point-in-time
Total liabilities	`Liabilities`	$14.31B	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable Noncontrolling Interest, Equity, Carrying Amount	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$258.00M	USD	Point-in-time
Redeemable Noncontrolling Interest, Equity, Carrying Amount	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$366.00M	USD	Point-in-time
Common stock, $2.50 par value, 500 shares authorized, 222.5 and 222.5 shares issued	`CommonStockValueOutstanding`	$2.10B	USD	Point-in-time
Common stock, $2.50 par value, 500 shares authorized, 222.5 and 222.5 shares issued	`CommonStockValueOutstanding`	$2.24B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$18.04B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.74B	USD	Point-in-time
Treasury stock, at cost, 81.2 and 80.0 shares	`TreasuryStockValue`	$9.41B	USD	Point-in-time
Treasury stock, at cost, 81.2 and 80.0 shares	`TreasuryStockValue`	$9.12B	USD	Point-in-time
Accumulated other comprehensive loss (Note 18)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.89B	USD	Point-in-time
Accumulated other comprehensive loss (Note 18)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.57B	USD	Point-in-time
Total Cummins Inc. shareholders' equity	`StockholdersEquity`	$8.97B	USD	Point-in-time
Total Cummins Inc. shareholders' equity	`StockholdersEquity`	$8.15B	USD	Point-in-time
Noncontrolling interests (Note 19)	`MinorityInterest`	$992.00M	USD	Point-in-time
Noncontrolling interests (Note 19)	`MinorityInterest`	$889.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.41B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.71B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.97B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.04B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests and equity	`LiabilitiesAndStockholdersEquity`	$30.30B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests and equity	`LiabilitiesAndStockholdersEquity`	$23.71B	USD	Point-in-time

Income Statement 51 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$19.81B	USD	Annual
Net sales	`Revenues`	$28.07B	USD	Annual
Net sales	`Revenues`	$24.02B	USD	Annual
Cost of sales	`CostOfRevenue`	$14.92B	USD	Annual
Cost of sales	`CostOfRevenue`	$18.33B	USD	Annual
Cost of sales	`CostOfRevenue`	$21.36B	USD	Annual
Gross Profit	`GrossProfit`	$6.72B	USD	Annual
Gross Profit	`GrossProfit`	$4.89B	USD	Annual
Gross Profit	`GrossProfit`	$5.70B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.37B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.12B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.69B	USD	Annual
Research, development and engineering expenses	`ResearchAndDevelopmentExpense`	$1.09B	USD	Annual
Research, development and engineering expenses	`ResearchAndDevelopmentExpense`	$906.00M	USD	Annual
Research, development and engineering expenses	`ResearchAndDevelopmentExpense`	$1.28B	USD	Annual
Equity, royalty and interest income from investees	`IncomeLossFromEquityMethodInvestments`	$506.00M	USD	Annual
Equity, royalty and interest income from investees	`IncomeLossFromEquityMethodInvestments`	$452.00M	USD	Annual
Equity, royalty and interest income from investees	`IncomeLossFromEquityMethodInvestments`	$349.00M	USD	Annual
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$-31.00M	USD	Annual
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$-174.00M	USD	Annual
Other operating income (expense), net	`OtherOperatingIncomeExpenseNet`	$-46.00M	USD	Annual
OPERATING INCOME	`OperatingIncomeLoss`	$2.93B	USD	Annual
OPERATING INCOME	`OperatingIncomeLoss`	$2.71B	USD	Annual
OPERATING INCOME	`OperatingIncomeLoss`	$2.27B	USD	Annual
Interest expense (Note 13)	`InterestExpense`	$111.00M	USD	Annual
Interest expense (Note 13)	`InterestExpense`	$100.00M	USD	Annual
Interest expense (Note 13)	`InterestExpense`	$199.00M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$169.00M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$156.00M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$89.00M	USD	Annual
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.75B	USD	Annual
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.82B	USD	Annual
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.34B	USD	Annual
Income tax expense (Note 5)	`IncomeTaxExpenseBenefit`	$527.00M	USD	Annual
Income tax expense (Note 5)	`IncomeTaxExpenseBenefit`	$587.00M	USD	Annual
Income tax expense (Note 5)	`IncomeTaxExpenseBenefit`	$636.00M	USD	Annual
CONSOLIDATED NET INCOME	`ProfitLoss`	$2.18B	USD	Annual
CONSOLIDATED NET INCOME	`ProfitLoss`	$1.81B	USD	Annual
CONSOLIDATED NET INCOME	`ProfitLoss`	$2.16B	USD	Annual
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$32.00M	USD	Annual
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$22.00M	USD	Annual
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$33.00M	USD	Annual
Cummins share of net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.79B	USD	Annual
Cummins share of net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.13B	USD	Annual
Cummins share of net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.15B	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$14.74	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$15.20	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$12.07	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$15.12	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$14.61	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$12.01	USD	Annual

Cash Flow Statement 111 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$2.18B	USD	Annual
Consolidated net income	`ProfitLoss`	$1.81B	USD	Annual
Consolidated net income	`ProfitLoss`	$2.16B	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$784.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$662.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$673.00M	USD	Annual
Deferred income taxes (Note 5)	`DeferredIncomeTaxesAndTaxCredits`	$7.00M	USD	Annual
Deferred income taxes (Note 5)	`DeferredIncomeTaxesAndTaxCredits`	$7.00M	USD	Annual
Deferred income taxes (Note 5)	`DeferredIncomeTaxesAndTaxCredits`	$-274.00M	USD	Annual
Equity in income of investees, net of dividends	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$105.00M	USD	Annual
Equity in income of investees, net of dividends	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$-64.00M	USD	Annual
Equity in income of investees, net of dividends	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$83.00M	USD	Annual
Pension and OPEB expense (Note 11)	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$108.00M	USD	Annual
Pension and OPEB expense (Note 11)	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$24.00M	USD	Annual
Pension and OPEB expense (Note 11)	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$83.00M	USD	Annual
Pension contributions and OPEB payments (Note 11)	`PensionAndOtherPostretirementBenefitContributions`	$85.00M	USD	Annual
Pension contributions and OPEB payments (Note 11)	`PensionAndOtherPostretirementBenefitContributions`	$102.00M	USD	Annual
Pension contributions and OPEB payments (Note 11)	`PensionAndOtherPostretirementBenefitContributions`	$121.00M	USD	Annual
Russian suspension costs	`BusinessExitCosts1`	$111.00M	USD	Annual
Russian suspension costs	`BusinessExitCosts1`	-	USD	Annual
Russian suspension costs	`BusinessExitCosts1`	-	USD	Annual
Restructuring payments	`PaymentsForRestructuring`	$110.00M	USD	Annual
Restructuring payments	`PaymentsForRestructuring`	-	USD	Annual
Restructuring payments	`PaymentsForRestructuring`	$1.00M	USD	Annual
Loss (Gain) on corporate owned life insurance	`LifeInsuranceCorporateOrBankOwnedChangeInValue`	$57.00M	USD	Annual
Loss (Gain) on corporate owned life insurance	`LifeInsuranceCorporateOrBankOwnedChangeInValue`	-	USD	Annual
Loss (Gain) on corporate owned life insurance	`LifeInsuranceCorporateOrBankOwnedChangeInValue`	$-102.00M	USD	Annual
Foreign currency remeasurement and transaction exposure	`ForeignCurrencyTransactionGainLossBeforeTax`	$27.00M	USD	Annual
Foreign currency remeasurement and transaction exposure	`ForeignCurrencyTransactionGainLossBeforeTax`	$-37.00M	USD	Annual
Foreign currency remeasurement and transaction exposure	`ForeignCurrencyTransactionGainLossBeforeTax`	$-2.00M	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$51.00M	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$697.00M	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$174.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$567.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-46.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$945.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-2.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$39.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$109.00M	USD	Annual
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$217.00M	USD	Annual
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$288.00M	USD	Annual
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$538.00M	USD	Annual
Accrued Expenses	`IncreaseDecreaseInAccruedLiabilities`	$-170.00M	USD	Annual
Accrued Expenses	`IncreaseDecreaseInAccruedLiabilities`	$121.00M	USD	Annual
Accrued Expenses	`IncreaseDecreaseInAccruedLiabilities`	$541.00M	USD	Annual
Changes in other liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$6.00M	USD	Annual
Changes in other liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-189.00M	USD	Annual
Changes in other liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$1.00M	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-86.00M	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$146.00M	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$40.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.96B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.72B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.26B	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$528.00M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$916.00M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$734.00M	USD	Annual
Acquisitions of businesses, net of cash acquired (Note 2)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Acquisitions of businesses, net of cash acquired (Note 2)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Acquisitions of businesses, net of cash acquired (Note 2)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.19B	USD	Annual
Investments in marketable securitiesacquisitions	`PaymentsToAcquireMarketableSecurities`	$806.00M	USD	Annual
Investments in marketable securitiesacquisitions	`PaymentsToAcquireMarketableSecurities`	$1.07B	USD	Annual
Investments in marketable securitiesacquisitions	`PaymentsToAcquireMarketableSecurities`	$593.00M	USD	Annual
Investments in marketable securitiesliquidations (Note 6)	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$469.00M	USD	Annual
Investments in marketable securitiesliquidations (Note 6)	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$1.15B	USD	Annual
Investments in marketable securitiesliquidations (Note 6)	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$673.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$143.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$6.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$67.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-719.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.17B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-873.00M	USD	Annual
Proceeds from borrowings (Note 13)	`ProceedsFromIssuanceOfLongTermDebt`	$2.01B	USD	Annual
Proceeds from borrowings (Note 13)	`ProceedsFromIssuanceOfLongTermDebt`	$2.10B	USD	Annual
Proceeds from borrowings (Note 13)	`ProceedsFromIssuanceOfLongTermDebt`	$79.00M	USD	Annual
Net borrowings (payments) of commercial paper (Note 13)	`ProceedsFromRepaymentsOfCommercialPaper`	$-10.00M	USD	Annual
Net borrowings (payments) of commercial paper (Note 13)	`ProceedsFromRepaymentsOfCommercialPaper`	$-337.00M	USD	Annual
Net borrowings (payments) of commercial paper (Note 13)	`ProceedsFromRepaymentsOfCommercialPaper`	$2.26B	USD	Annual
Payments on borrowings and finance lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$73.00M	USD	Annual
Payments on borrowings and finance lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$1.55B	USD	Annual
Payments on borrowings and finance lease obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$73.00M	USD	Annual
Dividend payments on common stock (Note 17)	`PaymentsOfDividends`	$782.00M	USD	Annual
Dividend payments on common stock (Note 17)	`PaymentsOfDividends`	$855.00M	USD	Annual
Dividend payments on common stock (Note 17)	`PaymentsOfDividends`	$809.00M	USD	Annual
Repurchases of common stock (Note 17)	`PaymentsForRepurchaseOfCommonStock`	$1.40B	USD	Annual
Repurchases of common stock (Note 17)	`PaymentsForRepurchaseOfCommonStock`	$36.00M	USD	1 Quarter
Repurchases of common stock (Note 17)	`PaymentsForRepurchaseOfCommonStock`	$4.00M	USD	1 Quarter
Repurchases of common stock (Note 17)	`PaymentsForRepurchaseOfCommonStock`	$374.00M	USD	Annual
Repurchases of common stock (Note 17)	`PaymentsForRepurchaseOfCommonStock`	$311.00M	USD	1 Quarter
Repurchases of common stock (Note 17)	`PaymentsForRepurchaseOfCommonStock`	$641.00M	USD	Annual
Repurchases of common stock (Note 17)	`PaymentsForRepurchaseOfCommonStock`	$23.00M	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$84.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$99.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-12.00M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.67B	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$280.00M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.23B	USD	Annual
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$50.00M	USD	Annual
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-11.00M	USD	Annual
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.00M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-491.00M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.27B	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-809.00M	USD	Annual
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$3.40B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$2.10B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.13B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$2.59B	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$3.40B	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.10B	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$1.13B	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$2.59B	USD	Point-in-time

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Redeemable Noncontrolling Interest, Equity, Carrying Amount	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$258.00M	USD	Point-in-time
Redeemable Noncontrolling Interest, Equity, Carrying Amount	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$366.00M	USD	Point-in-time
BALANCE, AT THE BEGINNING OF THE PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.41B	USD	Point-in-time
BALANCE, AT THE BEGINNING OF THE PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.71B	USD	Point-in-time
BALANCE, AT THE BEGINNING OF THE PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.97B	USD	Point-in-time
BALANCE, AT THE BEGINNING OF THE PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.04B	USD	Point-in-time
Net income	`ProfitLoss`	$2.18B	USD	Annual
Net income	`ProfitLoss`	$1.81B	USD	Annual
Net income	`ProfitLoss`	$2.16B	USD	Annual
Other comprehensive loss, net of tax (Note 18)	`OtherComprehensiveIncomeLossNetOfTax`	$36.00M	USD	Annual
Other comprehensive loss, net of tax (Note 18)	`OtherComprehensiveIncomeLossNetOfTax`	$406.00M	USD	Annual
Other comprehensive loss, net of tax (Note 18)	`OtherComprehensiveIncomeLossNetOfTax`	$-359.00M	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$8.00M	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$1.00M	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$10.00M	USD	Annual
Employee benefits trust activity	`StockIssuedDuringPeriodValueOther`	$34.00M	USD	Annual
Repurchases of common stock (Note 17)	`TreasuryStockValueAcquiredCostMethod`	$374.00M	USD	Annual
Repurchases of common stock (Note 17)	`TreasuryStockValueAcquiredCostMethod`	$641.00M	USD	Annual
Repurchases of common stock (Note 17)	`TreasuryStockValueAcquiredCostMethod`	$1.40B	USD	Annual
Cash dividends on common stock (Note 17)	`DividendsCommonStockCash`	$782.00M	USD	Annual
Cash dividends on common stock (Note 17)	`DividendsCommonStockCash`	$855.00M	USD	Annual
Cash dividends on common stock (Note 17)	`DividendsCommonStockCash`	$809.00M	USD	Annual
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$26.00M	USD	Annual
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$28.00M	USD	Annual
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$38.00M	USD	Annual
Share-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$80.00M	USD	Annual
Share-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$56.00M	USD	Annual
Share-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$88.00M	USD	Annual
Acquisition of business (Note 2)	`NoncontrollingInterestIncreaseFromBusinessCombination`	$111.00M	USD	Annual
Fair value adjustment of redeemable noncontrolling interests	`MinorityInterestChangeInRedemptionValue`	$-97.00M	USD	Annual
Fair value adjustment of redeemable noncontrolling interests	`MinorityInterestChangeInRedemptionValue`	$-231.00M	USD	Annual
Fair value adjustment of redeemable noncontrolling interests	`MinorityInterestChangeInRedemptionValue`	$104.00M	USD	Annual
Other shareholder transactions	`StockholdersEquityOther`	$-1.00M	USD	Annual
Other shareholder transactions	`StockholdersEquityOther`	$-24.00M	USD	Annual
Other shareholder transactions	`StockholdersEquityOther`	$-48.00M	USD	Annual
BALANCE, AT THE END OF THE PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.41B	USD	Point-in-time
BALANCE, AT THE END OF THE PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.71B	USD	Point-in-time
BALANCE, AT THE END OF THE PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.97B	USD	Point-in-time
BALANCE, AT THE END OF THE PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.04B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$2.18B	USD	Annual
Net income	`ProfitLoss`	$1.81B	USD	Annual
Net income	`ProfitLoss`	$2.16B	USD	Annual
Change in pension and other postretirement defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$81.00M	USD	Annual
Change in pension and other postretirement defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.00M	USD	Annual
Change in pension and other postretirement defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-389.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-384.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$71.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.00M	USD	Annual
Unrealized gain (loss) on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$106.00M	USD	Annual
Unrealized gain (loss) on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$26.00M	USD	Annual
Unrealized gain (loss) on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-34.00M	USD	Annual
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$36.00M	USD	Annual
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$406.00M	USD	Annual
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-359.00M	USD	Annual
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.85B	USD	Annual
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.82B	USD	Annual
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.57B	USD	Annual
Less: Comprehensive (loss) income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-8.00M	USD	Annual
Less: Comprehensive (loss) income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$12.00M	USD	Annual
Less: Comprehensive (loss) income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$28.00M	USD	Annual
COMPREHENSIVE INCOME ATTRIBUTABLE TO CUMMINS INC.	`ComprehensiveIncomeNetOfTax`	$1.83B	USD	Annual
COMPREHENSIVE INCOME ATTRIBUTABLE TO CUMMINS INC.	`ComprehensiveIncomeNetOfTax`	$2.54B	USD	Annual
COMPREHENSIVE INCOME ATTRIBUTABLE TO CUMMINS INC.	`ComprehensiveIncomeNetOfTax`	$1.83B	USD	Annual

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