10-K Filing

CUMMINS INC CIK: 26172 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000026172-24-000012`
Period End Date	20231231
Filing Date	20240212
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	cmi-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 51 Cash Flow Statement 98 Stockholders Equity 39 Comprehensive Income 24

Balance Sheet 87 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, Common, Shares	`TreasuryStockCommonShares`	81.20M	shares	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	80.70M	shares	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.18B	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.40B	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.10B	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.59B	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$472.00M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$562.00M	USD	Point-in-time
Cash, cash equivalents and marketable securities	`CashCashEquivalentsAndShortTermInvestments`	$2.74B	USD	Point-in-time
Cash, cash equivalents and marketable securities	`CashCashEquivalentsAndShortTermInvestments`	$2.57B	USD	Point-in-time
Trade and other	`AccountsReceivableNet`	$5.20B	USD	Point-in-time
Trade and other	`AccountsReceivableNet`	$5.58B	USD	Point-in-time
Inventories (Note 7)	`InventoryNet`	$5.68B	USD	Point-in-time
Inventories (Note 7)	`InventoryNet`	$5.60B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.20B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.07B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$14.45B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$15.20B	USD	Point-in-time
Property, plant and equipment, net (Note 8)	`PropertyPlantAndEquipmentNet`	$5.52B	USD	Point-in-time
Property, plant and equipment, net (Note 8)	`PropertyPlantAndEquipmentNet`	$6.25B	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`	$1.80B	USD	Point-in-time
Goodwill (Note 10)	`Goodwill`	$2.50B	USD	Point-in-time
Goodwill (Note 10)	`Goodwill`	$2.34B	USD	Point-in-time
Goodwill (Note 10)	`Goodwill`	$1.29B	USD	Point-in-time
Other intangible assets, net (Note 10)	`IntangibleAssetsNetExcludingGoodwill`	$2.69B	USD	Point-in-time
Other intangible assets, net (Note 10)	`IntangibleAssetsNetExcludingGoodwill`	$2.52B	USD	Point-in-time
Pension assets (Note 11)	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$1.20B	USD	Point-in-time
Pension assets (Note 11)	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$1.40B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.14B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.54B	USD	Point-in-time
Total assets	`Assets`	$32.01B	USD	Point-in-time
Total assets	`Assets`	$30.30B	USD	Point-in-time
Accounts payable (principally trade)	`AccountsPayableCurrent`	$4.25B	USD	Point-in-time
Accounts payable (principally trade)	`AccountsPayableCurrent`	$4.26B	USD	Point-in-time
Loans payable (Note 13)	`ShortTermBankLoansAndNotesPayable`	$280.00M	USD	Point-in-time
Loans payable (Note 13)	`ShortTermBankLoansAndNotesPayable`	$210.00M	USD	Point-in-time
Commercial paper (Note 13)	`CommercialPaper`	$2.57B	USD	Point-in-time
Commercial paper (Note 13)	`CommercialPaper`	$1.50B	USD	Point-in-time
Current maturities of long-term debt (Note 13)	`LongTermDebtCurrent`	$573.00M	USD	Point-in-time
Current maturities of long-term debt (Note 13)	`LongTermDebtCurrent`	$118.00M	USD	Point-in-time
Accrued compensation, benefits and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$617.00M	USD	Point-in-time
Accrued compensation, benefits and retirement costs	`EmployeeRelatedLiabilitiesCurrent`	$1.11B	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`	$667.00M	USD	Point-in-time
Current portion of deferred revenue (Note 3)	`ContractWithCustomerLiabilityCurrent`	$1.00B	USD	Point-in-time
Current portion of deferred revenue (Note 3)	`ContractWithCustomerLiabilityCurrent`	$1.22B	USD	Point-in-time
Other accrued expenses (Note 12)	`AccruedLiabilitiesCurrent`	$1.47B	USD	Point-in-time
Other accrued expenses (Note 12)	`AccruedLiabilitiesCurrent`	$3.75B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.90B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.42B	USD	Point-in-time
Long-term debt (Note 13)	`LongTermDebtAndCapitalLeaseObligations`	$4.80B	USD	Point-in-time
Long-term debt (Note 13)	`LongTermDebtAndCapitalLeaseObligations`	$4.50B	USD	Point-in-time
Deferred revenue (Note 3)	`ContractWithCustomerLiabilityNoncurrent`	$844.00M	USD	Point-in-time
Deferred revenue (Note 3)	`ContractWithCustomerLiabilityNoncurrent`	$966.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.31B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.43B	USD	Point-in-time
Total liabilities	`Liabilities`	$20.07B	USD	Point-in-time
Total liabilities	`Liabilities`	$22.10B	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`	-	USD	Point-in-time
Redeemable Noncontrolling Interest, Equity, Carrying Amount	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$258.00M	USD	Point-in-time
Redeemable Noncontrolling Interest, Equity, Carrying Amount	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	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
Common stock, $2.50 par value, 500 shares authorized, 222.5 and 222.5 shares issued	`CommonStockValueOutstanding`	$2.56B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$17.85B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$18.04B	USD	Point-in-time
Treasury stock, at cost, 80.7 and 81.2 shares	`TreasuryStockValue`	$9.36B	USD	Point-in-time
Treasury stock, at cost, 80.7 and 81.2 shares	`TreasuryStockValue`	$9.41B	USD	Point-in-time
Accumulated other comprehensive loss (Note 17)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.89B	USD	Point-in-time
Accumulated other comprehensive loss (Note 17)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.21B	USD	Point-in-time
Total Cummins Inc. shareholders' equity	`StockholdersEquity`	$8.85B	USD	Point-in-time
Total Cummins Inc. shareholders' equity	`StockholdersEquity`	$8.97B	USD	Point-in-time
Noncontrolling interests (Note 18)	`MinorityInterest`	$1.05B	USD	Point-in-time
Noncontrolling interests (Note 18)	`MinorityInterest`	$992.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.97B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.90B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.71B	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`	$32.01B	USD	Point-in-time

Income Statement 51 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$24.02B	USD	Annual
Net sales	`Revenues`	$28.07B	USD	Annual
Net sales	`Revenues`	$34.06B	USD	Annual
Cost of sales	`CostOfRevenue`	$21.36B	USD	Annual
Cost of sales	`CostOfRevenue`	$18.33B	USD	Annual
Cost of sales	`CostOfRevenue`	$25.82B	USD	Annual
Gross Margin	`GrossProfit`	$5.70B	USD	Annual
Gross Margin	`GrossProfit`	$6.72B	USD	Annual
Gross Margin	`GrossProfit`	$8.25B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.37B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.69B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.33B	USD	Annual
Research, development and engineering expenses	`ResearchAndDevelopmentExpense`	$1.09B	USD	Annual
Research, development and engineering expenses	`ResearchAndDevelopmentExpense`	$1.50B	USD	Annual
Research, development and engineering expenses	`ResearchAndDevelopmentExpense`	$1.28B	USD	Annual
Equity, royalty and interest income from investees	`IncomeLossFromEquityMethodInvestments`	$483.00M	USD	Annual
Equity, royalty and interest income from investees	`IncomeLossFromEquityMethodInvestments`	$349.00M	USD	Annual
Equity, royalty and interest income from investees	`IncomeLossFromEquityMethodInvestments`	$506.00M	USD	Annual
Other operating expense, net (Note 2)	`OtherOperatingIncomeExpenseNet`	$-31.00M	USD	Annual
Other operating expense, net (Note 2)	`OtherOperatingIncomeExpenseNet`	$-2.14B	USD	Annual
Other operating expense, net (Note 2)	`OtherOperatingIncomeExpenseNet`	$-174.00M	USD	Annual
OPERATING INCOME	`OperatingIncomeLoss`	$1.76B	USD	Annual
OPERATING INCOME	`OperatingIncomeLoss`	$2.93B	USD	Annual
OPERATING INCOME	`OperatingIncomeLoss`	$2.71B	USD	Annual
Interest expense	`InterestExpense`	$375.00M	USD	Annual
Interest expense	`InterestExpense`	$111.00M	USD	Annual
Interest expense	`InterestExpense`	$199.00M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$156.00M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$240.00M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$89.00M	USD	Annual
INCOME BEFORE INCOME TAXES	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$2.82B	USD	Annual
INCOME BEFORE INCOME TAXES	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Annual
INCOME BEFORE INCOME TAXES	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$2.75B	USD	Annual
Income tax expense (Note 5)	`IncomeTaxExpenseBenefit`	$587.00M	USD	Annual
Income tax expense (Note 5)	`IncomeTaxExpenseBenefit`	$786.00M	USD	Annual
Income tax expense (Note 5)	`IncomeTaxExpenseBenefit`	$636.00M	USD	Annual
CONSOLIDATED NET INCOME	`ProfitLoss`	$2.18B	USD	Annual
CONSOLIDATED NET INCOME	`ProfitLoss`	$840.00M	USD	Annual
CONSOLIDATED NET INCOME	`ProfitLoss`	$2.16B	USD	Annual
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$105.00M	USD	Annual
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$32.00M	USD	Annual
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$33.00M	USD	Annual
Cummins share of net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.15B	USD	Annual
Cummins share of net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.13B	USD	Annual
Cummins share of net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$735.00M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$14.74	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.19	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$15.20	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$15.12	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.15	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$14.61	USD	Annual

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$2.18B	USD	Annual
Consolidated net income	`ProfitLoss`	$840.00M	USD	Annual
Consolidated net income	`ProfitLoss`	$2.16B	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$784.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.02B	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$662.00M	USD	Annual
Deferred income taxes (Note 5)	`DeferredIncomeTaxesAndTaxCredits`	$7.00M	USD	Annual
Deferred income taxes (Note 5)	`DeferredIncomeTaxesAndTaxCredits`	$-274.00M	USD	Annual
Deferred income taxes (Note 5)	`DeferredIncomeTaxesAndTaxCredits`	$-457.00M	USD	Annual
Equity in income of investees, net of dividends	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$83.00M	USD	Annual
Equity in income of investees, net of dividends	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$-64.00M	USD	Annual
Equity in income of investees, net of dividends	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$81.00M	USD	Annual
Pension and OPEB expense (Note 11)	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$83.00M	USD	Annual
Pension and OPEB expense (Note 11)	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$24.00M	USD	Annual
Pension and OPEB expense (Note 11)	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$8.00M	USD	Annual
Pension contributions and OPEB payments (Note 11)	`PensionAndOtherPostretirementBenefitContributions`	$134.00M	USD	Annual
Pension contributions and OPEB payments (Note 11)	`PensionAndOtherPostretirementBenefitContributions`	$102.00M	USD	Annual
Pension contributions and OPEB payments (Note 11)	`PensionAndOtherPostretirementBenefitContributions`	$85.00M	USD	Annual
Russian suspension costs	`BusinessExitCosts1`	-	USD	Annual
Russian suspension costs	`BusinessExitCosts1`	$111.00M	USD	Annual
Russian suspension costs	`BusinessExitCosts1`	-	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$697.00M	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$174.00M	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$330.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$567.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	-	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$945.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$120.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$109.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-2.00M	USD	Annual
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$538.00M	USD	Annual
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$217.00M	USD	Annual
Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-66.00M	USD	Annual
Accrued expenses (Note 2)	`IncreaseDecreaseInAccruedLiabilities`	$2.93B	USD	Annual
Accrued expenses (Note 2)	`IncreaseDecreaseInAccruedLiabilities`	$541.00M	USD	Annual
Accrued expenses (Note 2)	`IncreaseDecreaseInAccruedLiabilities`	$-170.00M	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-160.00M	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$116.00M	USD	Annual
Other, net	`OtherNoncashIncomeExpense`	$-348.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.96B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.97B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.26B	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$734.00M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.21B	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$916.00M	USD	Annual
Acquisitions of businesses, net of cash acquired (Note 24)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.19B	USD	Annual
Acquisitions of businesses, net of cash acquired (Note 24)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Acquisitions of businesses, net of cash acquired (Note 24)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$292.00M	USD	Annual
Investments in marketable securitiesacquisitions	`PaymentsToAcquireMarketableSecurities`	$1.07B	USD	Annual
Investments in marketable securitiesacquisitions	`PaymentsToAcquireMarketableSecurities`	$1.41B	USD	Annual
Investments in marketable securitiesacquisitions	`PaymentsToAcquireMarketableSecurities`	$806.00M	USD	Annual
Investments in marketable securitiesliquidations (Note 6)	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$1.33B	USD	Annual
Investments in marketable securitiesliquidations (Note 6)	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$673.00M	USD	Annual
Investments in marketable securitiesliquidations (Note 6)	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$1.15B	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$143.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$6.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$63.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.64B	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-873.00M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.17B	USD	Annual
Proceeds from borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$861.00M	USD	Annual
Proceeds from borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$2.10B	USD	Annual
Proceeds from borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$79.00M	USD	Annual
Net (payments) borrowings of commercial paper	`ProceedsFromRepaymentsOfCommercialPaper`	$2.26B	USD	Annual
Net (payments) borrowings of commercial paper	`ProceedsFromRepaymentsOfCommercialPaper`	$-10.00M	USD	Annual
Net (payments) borrowings of commercial paper	`ProceedsFromRepaymentsOfCommercialPaper`	$-779.00M	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`	$1.14B	USD	Annual
Dividend payments on common stock (Note 16)	`PaymentsOfDividends`	$809.00M	USD	Annual
Dividend payments on common stock (Note 16)	`PaymentsOfDividends`	$921.00M	USD	Annual
Dividend payments on common stock (Note 16)	`PaymentsOfDividends`	$855.00M	USD	Annual
Repurchases of common stock (Note 16)	`PaymentsForRepurchaseOfCommonStock`	$1.40B	USD	Annual
Repurchases of common stock (Note 16)	`PaymentsForRepurchaseOfCommonStock`	$374.00M	USD	Annual
Repurchases of common stock (Note 16)	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Payments for Repurchase of Redeemable Noncontrolling Interest	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	-	USD	Annual
Payments for Repurchase of Redeemable Noncontrolling Interest	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$175.00M	USD	Annual
Payments for Repurchase of Redeemable Noncontrolling Interest	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	-	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-12.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$84.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-27.00M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.23B	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.18B	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.67B	USD	Annual
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-68.00M	USD	Annual
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.00M	USD	Annual
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$50.00M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-809.00M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-491.00M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$78.00M	USD	Annual
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.18B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.40B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.10B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.59B	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.18B	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.40B	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.10B	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.59B	USD	Point-in-time

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Redeemable Noncontrolling Interest, Equity, Carrying Amount	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	USD	Point-in-time
Redeemable Noncontrolling Interest, Equity, Carrying Amount	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$258.00M	USD	Point-in-time
Redeemable Noncontrolling Interest, Equity, Carrying Amount	`RedeemableNoncontrollingInterestEquityCarryingAmount`	-	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`	$9.90B	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`	$9.04B	USD	Point-in-time
Net income	`ProfitLoss`	$2.18B	USD	Annual
Net income	`ProfitLoss`	$840.00M	USD	Annual
Net income	`ProfitLoss`	$2.16B	USD	Annual
Other comprehensive loss, net of tax (Note 17)	`OtherComprehensiveIncomeLossNetOfTax`	$-359.00M	USD	Annual
Other comprehensive loss, net of tax (Note 17)	`OtherComprehensiveIncomeLossNetOfTax`	$-319.00M	USD	Annual
Other comprehensive loss, net of tax (Note 17)	`OtherComprehensiveIncomeLossNetOfTax`	$406.00M	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$3.00M	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$1.00M	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$8.00M	USD	Annual
Repurchases of common stock (Note 16)	`TreasuryStockValueAcquiredCostMethod`	$1.40B	USD	Annual
Repurchases of common stock (Note 16)	`TreasuryStockValueAcquiredCostMethod`	$374.00M	USD	Annual
Cash dividends on common stock (Note 16)	`DividendsCommonStockCash`	$855.00M	USD	Annual
Cash dividends on common stock (Note 16)	`DividendsCommonStockCash`	$921.00M	USD	Annual
Cash dividends on common stock (Note 16)	`DividendsCommonStockCash`	$809.00M	USD	Annual
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$38.00M	USD	Annual
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$28.00M	USD	Annual
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$57.00M	USD	Annual
Share-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$56.00M	USD	Annual
Share-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$48.00M	USD	Annual
Share-based awards	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$80.00M	USD	Annual
Acquisition of business (Note 24)	`NoncontrollingInterestIncreaseFromBusinessCombination`	$111.00M	USD	Annual
Fair value adjustment of redeemable noncontrolling interests	`MinorityInterestChangeInRedemptionValue`	$-33.00M	USD	Annual
Fair value adjustment of redeemable noncontrolling interests	`MinorityInterestChangeInRedemptionValue`	$-97.00M	USD	Annual
Fair value adjustment of redeemable noncontrolling interests	`MinorityInterestChangeInRedemptionValue`	$104.00M	USD	Annual
Impact on equity of sale of noncontrolling interest in subsidiary	`ImpactOnEquityOfSaleOfNoncontrollingInterestInSubsidiary`	$282.00M	USD	Annual
Other shareholder transactions	`StockholdersEquityOther`	$-48.00M	USD	Annual
Other shareholder transactions	`StockholdersEquityOther`	$-24.00M	USD	Annual
Other shareholder transactions	`StockholdersEquityOther`	$-74.00M	USD	Annual
BALANCE, AT THE END OF THE PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.97B	USD	Point-in-time
BALANCE, AT THE END OF THE PERIOD	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.90B	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`	$9.04B	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`	$840.00M	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`	$421.00M	USD	Annual
Change in pension and other postretirement defined benefit plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-389.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$92.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-384.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.00M	USD	Annual
Unrealized gain on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$10.00M	USD	Annual
Unrealized gain on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$106.00M	USD	Annual
Unrealized gain on derivatives	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$26.00M	USD	Annual
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-359.00M	USD	Annual
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-319.00M	USD	Annual
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$406.00M	USD	Annual
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.82B	USD	Annual
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.57B	USD	Annual
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$521.00M	USD	Annual
Less: Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-8.00M	USD	Annual
Less: Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$102.00M	USD	Annual
Less: Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$28.00M	USD	Annual
COMPREHENSIVE INCOME ATTRIBUTABLE TO CUMMINS INC.	`ComprehensiveIncomeNetOfTax`	$419.00M	USD	Annual
COMPREHENSIVE INCOME ATTRIBUTABLE TO CUMMINS INC.	`ComprehensiveIncomeNetOfTax`	$1.83B	USD	Annual
COMPREHENSIVE INCOME ATTRIBUTABLE TO CUMMINS INC.	`ComprehensiveIncomeNetOfTax`	$2.54B	USD	Annual

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