Annual report pursuant to Section 13 and 15(d)

OPERATING SEGMENTS FINANCIAL INFORMATION (Details) Reportable Operating Segments, EBITDA Reconciliation to GAAP

v3.22.4
OPERATING SEGMENTS FINANCIAL INFORMATION (Details) Reportable Operating Segments, EBITDA Reconciliation to GAAP - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating results:      
Net sales $ 28,074 $ 24,021 $ 19,811
Research, development and engineering expenses 1,278 1,090 906
Equity, royalty and interest income from investees 349 506 452
Russian suspension costs 111 0 0
Interest Expense 199 111 100
Depreciation and Amortization 781 659 670
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 2,819 2,751 2,338
Income Tax Expense (Benefit) 636 587 527
Net income 2,183 2,164 1,811
Less: Net income attributable to noncontrolling interests 32 33 22
Cummins share of net income 2,151 2,131 1,789
Amortization of Debt Discount 3 3 3
Statement of Financial Position [Abstract]      
Net assets 14,995 9,639  
Investments and advances to equity method investees 1,759 1,538  
Capital expenditures 916 734 528
Equity Method Investment, Other than Temporary Impairment 31   13
Engine      
Operating results:      
Net sales 10,945 9,954 8,022
Research, development and engineering expenses 506 399 290
Equity, royalty and interest income from investees 166 340 312
Interest income 14 8 9
Russian suspension costs 33    
Segment EBITDA 1,541 1,411 1,235
Depreciation and Amortization 205 205 208
Statement of Financial Position [Abstract]      
Net assets 1,451 1,554  
Investments and advances to equity method investees 590 742  
Capital expenditures 368 341 202
Components      
Operating results:      
Net sales 9,736 7,665 6,024
Research, development and engineering expenses 309 307 264
Equity, royalty and interest income from investees 71 50 61
Interest income 12 5 4
Russian suspension costs 5    
Segment EBITDA 1,346 1,180 961
Depreciation and Amortization 304 183 192
Meritor acquisition and integration costs 83    
Filtration business separation costs 28    
Statement of Financial Position [Abstract]      
Net assets 7,306 2,938  
Investments and advances to equity method investees 617 254  
Capital expenditures 264 184 140
Distribution      
Operating results:      
Net sales 8,929 7,772 7,136
Research, development and engineering expenses 52 48 31
Equity, royalty and interest income from investees 77 63 62
Interest income 16 7 4
Russian suspension costs 54    
Segment EBITDA 888 731 665
Depreciation and Amortization 114 116 122
Statement of Financial Position [Abstract]      
Net assets 2,698 2,294  
Investments and advances to equity method investees 352 329  
Capital expenditures 114 92 89
Power Systems      
Operating results:      
Net sales 5,033 4,415 3,631
Research, development and engineering expenses 240 234 212
Equity, royalty and interest income from investees 43 56 21
Interest income 7 5 4
Russian suspension costs 19    
Segment EBITDA 596 496 343
Depreciation and Amortization 120 131 130
Statement of Financial Position [Abstract]      
Net assets 2,382 2,251  
Investments and advances to equity method investees 138 164  
Capital expenditures 96 80 79
New Power      
Operating results:      
Net sales 198 116 72
Research, development and engineering expenses 171 102 109
Equity, royalty and interest income from investees (8) (3) (4)
Interest income 0 0 0
Russian suspension costs 0    
Segment EBITDA (340) (223) (172)
Depreciation and Amortization 38 24 18
Statement of Financial Position [Abstract]      
Net assets 1,158 602  
Investments and advances to equity method investees 60 49  
Capital expenditures 74 37 18
Total Segment      
Operating results:      
Net sales 34,841 29,922 24,885
Research, development and engineering expenses 1,278 1,090 906
Equity, royalty and interest income from investees 349 506 452
Interest income 49 25 21
Russian suspension costs 111    
Segment EBITDA 4,031 3,595 3,032
Depreciation and Amortization 781 659 670
Statement of Financial Position [Abstract]      
Net assets 14,995 9,639  
Investments and advances to equity method investees 1,757 1,538  
Capital expenditures 916 734 528
Corporate and Other      
Operating results:      
Segment EBITDA (232) (74) 76
Filtration business separation costs 53    
External Sales | Engine      
Operating results:      
Net sales 8,199 7,589 5,925
External Sales | Components      
Operating results:      
Net sales 7,847 5,932 4,650
External Sales | Distribution      
Operating results:      
Net sales 8,901 7,742 7,110
External Sales | Power Systems      
Operating results:      
Net sales 2,951 2,650 2,055
External Sales | New Power      
Operating results:      
Net sales 176 108 71
External Sales | Total Segment      
Operating results:      
Net sales 28,074 24,021 19,811
Intersegment sales | Engine      
Operating results:      
Net sales 2,746 2,365 2,097
Intersegment sales | Components      
Operating results:      
Net sales 1,889 1,733 1,374
Intersegment sales | Distribution      
Operating results:      
Net sales 28 30 26
Intersegment sales | Power Systems      
Operating results:      
Net sales 2,082 1,765 1,576
Intersegment sales | New Power      
Operating results:      
Net sales 22 8 1
Intersegment sales | Total Segment      
Operating results:      
Net sales $ 6,767 $ 5,901 $ 5,074