Cummins Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- DOCUMENT COVER Document
Financial Statements
Notes to Financial Statements
Notes Tables
Notes Details

MARKETABLE SECURITIES (Details)

v3.22.1

MARKETABLE SECURITIES (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
MARKETABLE SECURITIES (Details) - USD ($) $ in Millions	Mar. 31, 2022	Apr. 04, 2021	Dec. 31, 2021
Schedule of Available-for-sale Securities
Debt Securities, Available-for-sale, Amortized Cost			$ 1
Debt Securities, Available for sale, Unrealized Gain (Loss)	$ 0		0
Debt Securities, Available-for-sale			1
Debt Securities, Trading, and Equity Securities, FV-NI, Cost	520		583
Marketable Securities, Unrealized Gain / (Loss)	7		12
Marketable securities	527		595
Proceeds from Sale of Held-to-maturity Securities	195	$ 163
Proceeds from Maturity of Marketable Securities	59	44
Proceeds from sales and maturities of marketable securities	254	$ 207
Certificates of deposit
Schedule of Available-for-sale Securities
Equity Securities, cost	284		299
Equity Securities, Unrealized Gain (Loss)	0		0
Equity Securities, Fair Value	284		299
Debt Mutual Funds
Schedule of Available-for-sale Securities
Equity Securities, cost	205		254
Equity Securities, Unrealized Gain (Loss)	(2)		2
Equity Securities, Fair Value	203		256
Equity mutual funds
Schedule of Available-for-sale Securities
Equity Securities, cost	31		29
Equity Securities, Unrealized Gain (Loss)	9		10
Equity Securities, Fair Value	$ 40		$ 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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