Annual report pursuant to Section 13 and 15(d)

INVESTMENTS IN EQUITY INVESTEES (Details 2) Equity Investee Financial Summary

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INVESTMENTS IN EQUITY INVESTEES (Details 2) Equity Investee Financial Summary - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Equity, royalty and interest income from investees      
Net sales $ 28,074 $ 24,021 $ 19,811
Gross Profit 6,719 5,695 4,894
Net income 2,183 2,164 1,811
Cummins share of net income 2,151 2,131 1,789
Equity, royalty and interest income from investees (Notes 4 and 23) 349 506 452
Assets, Current 14,451 12,309  
Liabilities, Current 11,421 7,084  
Net assets 14,995 9,639  
Cummins share of net assets 1,715 1,490  
Equity Method Investment, Nonconsolidated Investee or Group of Investees      
Equity, royalty and interest income from investees      
Net sales 7,501 8,934 7,794
Gross Profit 1,211 1,574 1,418
Net income 475 802 696
Cummins share of net income 224 424 378
Royalty and interest income 125 82 $ 74
Assets, Current 4,252 4,587  
Assets, Noncurrent 1,935 1,850  
Liabilities, Current 3,224 3,573  
Liabilities, Noncurrent 399 288  
Net assets $ 2,564 $ 2,576