Cummins Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- DOCUMENT COVER Document
- Audit Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details
Uncategorized
- Uncategorized Items - cmi-20221231.htm

MARKETABLE SECURITIES (Details)

v3.22.4

MARKETABLE SECURITIES (Details) - USD ($) $ in Millions	12 Months Ended
MARKETABLE SECURITIES (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule of Available-for-sale Securities
Debt Securities, Available-for-sale, Amortized Cost	$ 2	$ 1
Debt Securities, Available-for-sale, Unrealized Gain (Loss)	0	0
Debt Securities, Available-for-sale	2	1
Debt Securities, Trading, and Equity Securities, FV-NI, Cost	474	583
Marketable Securities, Unrealized Gain (Loss)	(2)	12
Marketable securities	472	595
Proceeds from Sale of Held-to-maturity Securities	750	494	$ 343
Proceeds from maturities of marketable securities	401	179	126
Proceeds from Sale and Maturity of Marketable Securities	1,151	673	$ 469
Certificates of Deposit
Schedule of Available-for-sale Securities
Equity Securities, cost	209	299
Equity Securities, Fair Value	209	299
Debt mutual funds
Schedule of Available-for-sale Securities
Equity Securities, cost	238	254
Equity Securities, Unrealized Gain (Loss)	(5)	2
Equity Securities, Fair Value	233	256
Equity Mutual Funds
Schedule of Available-for-sale Securities
Equity Securities, cost	25	29
Equity Securities, Unrealized Gain (Loss)	3	10
Equity Securities, Fair Value	$ 28	$ 39
Minimum \| Certificates of Deposit
Schedule of Available-for-sale Securities
Maturities of Time Deposits, Description	three months
Maximum \| Certificates of Deposit
Schedule of Available-for-sale Securities
Maturities of Time Deposits, Description	five years

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Amount, before tax, of unrealized gain in accumulated other comprehensive income (AOCI) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

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